Infosys Foundation signs pact with Visakha jilla samithi for water supply systems Visakhapatnam tribal villages
- Infosys Foundation has signed a memorandum of understanding (MoU) with the Visakha Jilla Nava Nirman Samithi (VJNNS) for the development of the 100 gravity fed water supply systems in the tribal villages of Visakhapatnam, Andhra Pradesh.
- There is the fund of the Rs 5.92 crore that will be given the promotion that will give the security water management systems in all the villages. VJNNS, an NGO in AP, aims at making potable drinking water available to remote tribal villages in the districts of Visakhapatnam and Srikakulam.
- By this signed partnership the Infosys Foundation intends to provide an impetus to VJNNS’s objective of constructing a gravity fed water supply system that will help 100 tribal villages and 40,000 beneficiaries using pipelines. This will not only help enhance health but also aid in reducing water-borne diseases.
- Speaking about the MoU, Sudha Murty, Chairperson of Infosys Foundation, said, “Drinking water supply and sanitation in India continue to be a key concern. The foundation endeavours to promote good sanitation practices and aims to train local communities to effectively manage water supply systems through workshops. Under this project, local communities will also be taught to manage a village development fund.”
- Industry- IT services, IT consulting
- Founded- 7 July 1981; 36 years ago
- Founder- N. R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan, Ashok Arora
- Headquarters- Bengaluru, Karnataka, India
- Area served- Worldwide
- Key people- UB Praveen Rao (interim CEO & MD)
Akshay Kumar appointed as Brand Ambassador of Swachh Bharat Abhiyan in Uttarakhand
- Bollywood actor Akshay Kumar has been given the place of the brand ambassador of the Swachh Bharat Mission. This news has been announced by the Chief Minister Trivendra Singh Rawat said that the actor has happily agreed to be the brand ambassador of the mission in the state, PTI said.
- “He said he was proud to be the brand ambassador of such a campaign for a state where Chardham is located,” Rawat, who completed six months in the office today was quoted as saying by the agency.
- The Chief Minister said, “I can assure you that he will definitely come. However, it will not be possible for him to come by October 2. After all, we also need time to make necessary arrangements for his visit,”
- “I am on cloud nine, now that TEPK has turned out Akshay Kumar’s highest grosser. What more can any director expect as a response than this. He is a superb performer, he works really hard on all his characters once he is convinced about it. All his hard work has paid off finally. I can’t thank enough to Akshay Kumar, Bhumi and the entire cast n crew for all the unconditional support rendered. Hope I continue to churn out films which would entertain the masses.” the director was quoted and has been told by the news in media.
- Uttarakhand, a state in northern India crossed by the Himalayas, is known for its Hindu pilgrimage sites
- Rishikesh, a major centre for yoga study, was made famous by the Beatles’ 1968 visit
- The city hosts the evening Ganga Aarti, a spiritual gathering on the sacred Ganges River
- The state’s forested Jim Corbett National Park shelters Bengal tigers and other native wildlife
Cabinet approves Extension of time period of Udaan
- The Cabinet Committee on Economic Affairs headed by the Prime Minister Shri Narendra Modi, has given the approval for the assignment that has given by the Ministry of Home Affairs for extension of time period of the Scheme “Special Industry Initiative for J&K” (Sll J&K)- Udaan till 31st December, 2018 and in this there is no any of the changing and the ductility. In the starting the time period of Udaan was upto 2016-17.
- Udaan has given the light of the fame to the J&K to the best of corporate India and corporate India that has the large amount of the talent has present in the State. So far, 109 leading Corporate have partnered with National Skill Development Corporation (NSDC) under UDAAN has given the aim for the help to the State covering Organized Retail, Banking, Financial Services, IT, ITES, Infrastructure, Hospitality etc. For this there is the, 34,587 candidates have been selected in which there are 31,903 candidates have joined, 22,237 candidates have completed the training, 7,649 are undergoing training and 14,694 have been offered jobs.
- In the starting of the four month, the event got the full of the speed and the pace of implementation has been the best during FY 2016-17 since its inception. There are many of the 12,000 candidates had joined training and nearly 10,000 candidates were offered jobs. 140 mega selection drives were held so far covering all districts of the State.
- Udaan is a national event scheme that will give the boost to the J&K youth with rest of the country. The scheme not only provides skill enhancement and job opportunity but also connects these bright youths from the J&K with the vibrant corporate sector of India.
Punjab Okays crop loan waiver scheme
- The Punjab government on Wednesday has given the notification for the crop loan waiver scheme that has announced by Chief Minister Capt. Amarinder Singh in the State Assembly earlier in June this year.
- The Cabinet meeting that has held that has comes at the over the entire eligible loan amount of the farmers covered by the debt waiver scheme, the government would also take over the outstanding interest from April 1, 2017, till the date of notification.
- “The entire amount would be defrayed to the banks in a phased manner, except for the cooperative credit institutions,” said an official spokesperson, adding that the proposed notification will pave the way for the State government to take up the issue with respective banks as a one-time settlement.
- The spokesperson said that the scheme, that has based on the group that is someof the best of the eminent economist Dr. T. Haque, would directly benefit nearly 10.25 lakh farmers across the State.
- “The notification envisages that in case of marginal farmer (less than 2.5 acres) the entire eligible amount of those farmers who have total outstanding crop loan liability up to ₹2 lakh shall be provided as debt relief and in case of eligible amount of more than ₹2 lakh, only₹2 lakh shall be provided as debt relief. In case of small farmers (from 2.5 acres to less than 5 acres), the entire eligible amount of those farmers who have total outstanding crop loan liability up to ₹2 lakh, shall be provided as debt relief,” said the spokesperson.
- Punjab, a state bordering Pakistan, is the heart of India’s Sikh community
- The city of Amritsar, founded in the 1570s by Sikh Guru Ram Das, is the site of Harmandir Sahib, the holiest gurdwara (Sikh place of worship)
- Known in English as the Golden Temple, and surrounded by the Pool of Nectar, it’s a major pilgrimage site
- Also in Amritsar is Durgiana Temple, a Hindu shrine famed for its engraved silver doors
- Land area: 50,362 km²
- Capital: Chandigarh
- Districts: 22
- Points of interest: Golden Temple, Jallianwala Bagh, ChattBir Zoo,
India Japan US Trilateral Foreign Ministerial Meeting held in New York
- The aim of the avoid of the foreign policy of the China the, foreign ministers of India, Japan and the US on Monday has been seen to increase their Indo-Pacific partnership by exchanging views on maritime security, connectivity and proliferation issues. In this there has been the three side has decided for the measures to enhance partnership.
- This was the trilateral meeting of the UN General Assembly in New York, external affairs minister Sushma Swaraj, US secretary of state Rex Tillerson and Japanese foreign minister Taro Kono and in this talk it is ensure for the free for the navigation, respect for international laws and peaceful resolution of disputes. The meeting can be the results of the break of the Beijing’s belligerence in the South China Sea, East China Sea and areas along the Line of Actual Control. In this there has been no any connectivity to the South China Sea in the press statement issued after the meeting, unlike 2015, but the indication was obvious.
- The three ministers said, “The connectivity initiatives should be based on universally recognised international norms, prudent financing and respect for sovereignty and territorial integrity, as opposed to China’s Obor that was violative of India’s sovereignty and pushed nations towards a debt trap.”
- Swaraj, Tillerson’s predecessor John Kerry and Kono’s predecessor Fumio Kishida has taken the first of the trilateral in the New York in September in the year 2015. The meeting had marked elevation of the trilateral dialogue, which had been launched in 2011 as a mechanism for interactions among senior diplomats of India, Japan and the US The trilateral has been held ahead of defence minister Nirmala Sitharaman’s scheduled meeting with her counterpart James Mattis next week in New Delhi.
- Japan is an island nation in the Pacific Ocean with dense cities, imperial palaces, mountainous national parks and thousands of shrines and temples
- Shinkansen bullet trains connect the main islands of Kyushu (with Okinawa’s subtropical beaches), Honshu (home to Tokyo and Hiroshima’s atomic-bomb memorial) and Hokkaido (famous for skiing)
- Tokyo, the capital, is known for skyscrapers, shopping and pop culture
- Capital: Tokyo
- Currency: Japanese yen
Economist Mercedes Araoz sworn in as Peru’s new Prime Minister
- Peru’s Second Vice President, Mercedes Araoz, an economist by training, has appointed Sunday as the new head of the Council of Ministers which is also known as the prime minister this is formed by 13 members of the cabinet and headed to date by fellow economist Fernando Zavala.
- Government lawmaker Carlos Bruce has sworn as the Housing and Construction minister, was the post that has given to him in the year 2001-2006 mandate of Alejandro Toledo, and Rear Adm. Fernando D’Alessio took over at the Health Ministry.
- In addition, Kuczynski ratified the following ministerial appointments: Ricardo Luna at the Foreign Relations Ministry, Jorge Nieto at Defense, Carlos Basombrio at Interior, Salvador del Solar at Culture, Alfonso Grados at Labor, Jose Manuel Hernandez at Agriculture, Pedro Olaechea at Production, Eduardo Ferreyros at Foreign Trade and Tourism and Cayetana Aljovin at Energy and Mines.
- “I wish success to Meche (Mercedes Araoz) and the new cabinet,” Luis Galarreta, the head of Congress and Popular Force lawmaker, said on Twitter. “The country needs change and the government needs a chance to mend its ways.” “We have to work with them to keep making progress on the country’s development,” Araoz said in televised comments after being sworn in.
BANKING & FINANCE
SEBI allows REITs, InvITs to issue bonds
- The Securities and Exchange Board of India (Sebi) has been given the notice for the norm to the governing real estate investments trusts (REITs) and infrastructure investment trusts (InvITs), that is on Monday and has given the permission for the funds through debt securities and also permitting single-asset REITs in a bid to boost the financial instruments.
- “The industry has been asking for allowing REITs and InvITs to raise debt via debt securities as this route has worked well for the corporates and would aid fund raising in these instruments too. Currently the REITs and InvITs are allowed to raise funds via External Commercial Borrowings (ECB) which has certain end-use restrictions,” said Bhairav Dalal, partner, real estate (tax), at consulting firm PwC India.
- “The other important development is on allowing single asset REITs. Many developers and corporates were interested in REITs but wanted to try with one asset and the requirement of two underlying assets used to deter them,” added Dalal.
- In a release, the market regulator said, “The board, after deliberations, decided to have further consultations with the stakeholders on a proposal of allowing REITs to invest at least 50 per cent of the equity share capital or interest in the underlying holdco/SPVs, and similarly allowing holdco to invest with at least 50 per cent of the equity share capital or interest in the underlying SPVs.”
- Securities and Exchange Board of India(SEBI)
- The Securities and Exchange Board of India is the regulator for the securities market in India
- It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992
- Founded: 12 April 1992
- Sector: Securities market
- Jurisdiction: India
- Headquarters: Mumbai
- Agency executive: Ajay Tyagi (Chairman)
- Type: Statutory corporation
Science and Technology
A ‘Boat Lab’ to study Brahmaputra
- Just in the coming recent there will be the locals at the Northern Eastern at the Brahmaputra and its tributaries, will get the boat that will be facilitated with the seen microscopes to discover the biodiversity of their native lands. The Department of Biotechnology has did announcement for the 3 missions focusing on the northeast India on Wednesday, including the B4, which is centred on the Brahmaputra’s biodiversity and biology.
- “Our prime minister from the first day has a special commitment to the development of the north east,” Harsh Vardhan said at the launch adding that the Department of Biotechnology allots 10% of its budget every year for projects in the north east.
- “The large boat with the permanent lab will be spread over two floors and will go up and down the river. One floor will be dedicated to scientists, while the other floor will be accessible to residents of the area to learn about the eco-system,” said DBT secretary K. Vijay Raghavan on Wednesday. “The idea is to study the changes caused by dams, climate change, human interventions and the eventual effects it has on the river eco-system. Despite supporting considerable biodiversity, the Brahmaputra has not been studied as extensively as the Amazon,” he said.
- “The integrated approach is aimed to combine data, science and judgement that can impact policy,” said officials.
- “For a river of the size and diversity of the Brahmaputra, there is very little research done to understand its hydrology, water quality and biodiversity,” said K. Vijay Raghavan, Secretary, Department of Biotechnology. “The idea for it came from a scientist who’s of Chinese and Indian-origin and based in Shillong.”
Cabinet approves Revamped Khelo India Programme
- In the event of find the talent in the sport that is in the coming generation the Union cabinet on Wednesday has given the approval for the revamped Khelo India (Play India) scheme under which 1,000 selected athletes and that will the annually scholarship of Rs500,000 each for eight years. The scheme, which would cost the government Rs1,756 crore between 2017-18 and 2019-20, will also promote 20 universities across India as hubs of sporting excellence.
- “The revamped Khelo India programme would impact the entire sports ecosystem, including infrastructure, community sports, talent identification, coaching for excellence, competition structure and sports economy,” according to an official statement.
- In the other side there is the cabinet approved new cost norms for providing supplementary nutrition to children, pregnant and lactating mothers, and adolescent girls in anganwadi or integrated child development scheme (ICDS) centres. Under the new norms, the daily expenditure on child nutrition will increase from Rs6 to Rs8, while for women it will be raised from Rs7 to Rs9.5.
- “The programme aims to promote 20 universities across the country as hubs of sporting excellence, which would enable talented sports persons to pursue the dual pathway of education and competitive sports,” said the statement.
AWARDS & RECOGNITION
Jawaharlal Nehru Port Trust wins “Rajbhasha Kirti Award” for 11th consecutive time
- Jawaharlal Nehru Port Trust (JNPT) has been honored with the award of “Rajbhasha Kirti Puraskar” for the year 2016-17 in the category of ‘B’ region for autonomous bodies and boards, for its excellent implementation of the Official Language.
- The award, which was the second prize, has been given at the huge ceremoney at the Vigyan Bhavan, New Delhi on the occasion of Hindi Divas celebration on September 14, 2017. This is the 11th consecutive year that Jawaharlal Nehru Port Trust has won this award.
- Deputy Chairman of JNPT, Shri Neeraj Bansal accepted the award from the Honourable President of India, Shri Ramnath Kovind.
Jake LaMotta, Boxer Of ‘Raging Bull’ Fame, Dies At 95
- Former middleweight champion Jake LaMotta, who was the great boxer and had portrayed by Robert De Niro in the 1980 film “Raging Bull,” has died at the age 95 years on Thursday.
- “LaMotta says he was born angry,” NPR’s Tom Goldman reported in 1997. “He grew up in poverty on New York’s Lower East Side. He started fighting when he was 8 years old, fighting for pennies and nickels and dimes the Old Italian men in the neighborhood would give to the winner.”
- The Associated Press has a capsule summary of LaMotta’s career:
- “The Bronx Bull, as he was known in his fighting days, compiled an 83-19-4 record with 30 knockouts, in a career that began in 1941 and ended in 1954.
- “LaMotta fought the great Sugar Ray Robinson six times, handing Robinson the first defeat of his career and losing the middleweight title to him in a storied match.
- “In the fight before he lost the title, LaMotta saved the championship in movie-script fashion against Laurent Dauthuille. Trailing badly on all three scorecards, LaMotta knocked out the challenger with 13 seconds left in the fight …
- “Renowned for his strong chin, and the punishment he could take, and dish out, LaMotta was knocked down only once — in a 1952 loss to light-heavyweight Danny Nardico — in his 106 fights.”