1. PM Modi Launched 'Saubhagya Scheme'
i. Prime
Minister Narendra Modi has launched Sahaj Bijli Har Ghar Yojana or
‘Saubhagya’, to supply 24/7 electricity supply to poor households.
ii. The government stated that states will be
required to complete the household electrification by March 31, 2019. The total
outlay for the Saubhagya scheme will be Rs 16,320 crore.
2. PM
Narendra Modi forms Economic Advisory Council
i. PM
Narendra Modi reconstituted the Economic Advisory Council (EAC) to guide
him on economic issues and appointed economist Bibek Debroy as its
chairman. Debroy is a member of government think tank Niti Aayog.
ii. The
council has been defunct since former RBI governor C Rangarajan resigned as its
chairman. The four other part-time EAC members are Surjit Bhalla, Rathin Roy,
Ashima Goyal and Ratan Watal.
3. Odisha
Government Launched ‘Sampurna Yojana’
i. Odisha
Government launched ‘Sampurna (Sishu Abond Matru Mrityuhara Purna
Nirakaran Abhijan) Yojna’ scheme for pregnant women, in Odisha. Under
the scheme, Odisha government will provide Rs.1,000 as transport cost for
pregnant women to travel to the hospital.
ii. The
main objective of this scheme is to reduce the death ratio of the newborn child
and mother mortality rate. Around 7853 villages will be covered from 30
districts of Odisha, under this scheme.
4. New
Underground Water Treatment Plant in Agartala
i. In
Tripura, a new underground water treatment plant has been commissioned
at Sadhutilla in the southern part of Agartala. The plant has fulfilled the
need for drinking water free from iron and other contamination.
ii. The
plant has started functioning with the supply of quality treated
water initially to 565 households through the pipeline. It has the
treatment capacity of 4 point 8 million litres per day.
5. TRIFED
Organised National Workshop on Minimum Support Price for Minor Forest Produce
i.
Minister of Tribal Affairs Shri Jual Oram inaugurated the National
Workshop organized by TRIFED on “Minimum Support Price
(MSP) for Minor Forest Produces (MFP) scheme – Taking it to the next level for
a Fair and Equitable Deal to the Tribals”.
ii. TRIFED
has also signed MoU with Amazon for the marketing of tribal
handicrafts scaled-up for the empowerment of tribals.
6. ISRO’s
Mars Orbiter Mission Completes 3 Years in Orbit
i. The
Indian Space Research Organisation (ISRO) stated that its Mars
Orbiter Mission (MOM) which has completed three years in its
Martian orbit is in good health and continues to work as expected. On
the occasion of completion of three years in its Martian orbit released MOM
second-year science data from September 24, 2014, to September 23, 2016.
ii. The
450-crore rupees MOM mission aims at studying the Martian surface and
mineral composition. It will also scan its atmosphere for methane which is an
indicator of life on Mars.
7. All
About the "Power for All - Saubhagya Scheme"
i. Prime
Minister Narendra Modi launched - Pradhan Mantri Sahaj Bijli
Har Ghar Yojana ‘Saubhagya’ to
provide electricity connections to over 4 crore families in rural and
urban areas by December 2018.
ii. In
India, four crore out of 25 crore families do not have
power connection even after 70 years of independence. India will achieve the
target of power for all by December 2018, while all villages will be
electrified by the end of 2017.
8. Karnataka
Government Launches Vision-2025 Project
i. The
Karnataka Government Chief Minister Siddaramaiah has launched
'Vision-2025' project across the state. It aimed at evolving a draft
policy for the development of the state in next seven years by seeking the
opinion of the public.
ii. Under
the project, the government would seek public opinion on how they want their
dream state to be in the next seven years. The CM has also launched the
website 'www.navakarnataka2025.in'.
9. ADB
Lowers India Growth Forecast for this Fiscal
i. Asian
Development Bank (ADB) has downgraded India’s growth projection
to 7 percent for the current fiscal while lowering its forecast for
the next financial year as well.
ii. India’s
GDP growth is downgraded to 7 percent in the financial year 2017-18, a 0.4
percentage point drop from the April forecast. In the financial year 2018-19,
the forecast is adjusted down to 7.4 percent, from 7.6 percent, according to
the Asian Development Outlook 2017 update.
10. BDL
Signs Contract for Supply of MRSAM to Indian Army
i. Bharat
Dynamics Limited (BDL) has signed a contract with Research
Centre Imarat (RCI) for the supply of Medium Range
Surface-to-Air Missiles (MRSAM) to Indian Army.
ii. The
contract was signed to facilitate production, deliveries and product support of
MRSAM system for the Indian Army.
11. Shashi
Shankar appointed CMD of ONGC
i. Shashi
Shankar was appointed as the Chairman and Managing Director
(CMD) of India's biggest oil and gas producer ONGC.
ii. Shankar,
at present director (technical and field services), ONGC, will take over the
charge as CMD from October 1. He will replace Dinesh K Sarraf. Mr
Shankar will have a nearly four-year term until March 2021.
12. Two
Indians on Fortune's List of 'Most Powerful Women in International Business'
i. Two
Indian women have featured on Fortune's list of Most Powerful
Women in business outside the US. Managing Director and CEO of ICICI
Bank Chanda Kochhar was ranked fifth and
Managing Director and CEO of Axis Bank Shikha Sharma was
ranked at 21.
ii. Group
Executive Chairman of Spain's Banco Santander Ana Botín topped the
list. The 50 global businesswomen represent 17 countries and many
industries.
iii. Top
three Most Powerful Women in business in the List are-
1. Ana Botin
(Spain)
2. Emma
Walmsley (UK)
3. Isabelle
Kocher (France).
13. SBI
Launches Chatbot to Help Customers in Banking Activities
i. Artificial
intelligence banking platform Payjo has launched an AI-powered
chat assistant for State Bank of India to addresses
customer enquiries.
ii. The
chat assistant, known as SBI Intelligent Assistant, or SIA, will help customers
with everyday banking tasks just like a bank representative
14. SBI
Eases Minimum Balance Rules On Savings Accounts
i. State
Bank of India lowered the Minimum Average Monthly Balance
(MAB) requirement in a savings account to Rs 3,000 from Rs
5,000 and also revised downwards penalties for not maintaining such a
balance.
ii. The
public sector lender also decided to exempt pensioners, beneficiaries of social
benefits from government and minors from the requirement of minimum balance in
the savings account.
15. ICC
Announces Major Changes in Cricket Rules
i. The
International Cricket Council (ICC) has announced several changes to
the existing template of how the sport of cricket is played. All the new rules
will be implemented from September 28. The new rules incorporate bat
thickness, player conduct, DRS, run outs and catches.
ii. Here
are the major excerpts from the release:
1. The
restriction on the length and width of bats remain unchanged but
the thickness of the edges can’t be more than 40mm and the overall depth can
be 67 mm at the most.
2. In
a new playing condition pertaining to players’ conduct, a player can
now be sent off the field for the rest of the match for any serious
misconduct, meaning it will apply to Level 4 offences while the Level 1 to 3
offences will continue to be dealt with under the ICC Code of Conduct.
3. The
above changes will be applicable across all formats, as will be a change in the
DRS rules by which a review will now not be lost in case of a decision that
remains unchanged, solely as the result of an ‘umpire’s call’. The DRS
will now also be allowed to be used in T20Is.
4. An
important change with respect to run outs is that if a batsman is running or
diving towards the crease with forward momentum, and has grounded
his/her bat behind the popping crease but subsequently has lost contact with
the ground at the time of the wickets being put down, the batsman will not be
run out.
5. For
boundary catches, airborne fielders making their first contact with the ball
will need to have taken off from within the boundary, otherwise, a boundary
will be scored. Also, a batsman can now be out caught, stumped or run
out even if the ball bounces off the helmet worn by a fielder or wicket-keeper.
16. Lakshmanan
Wins 5,000m gold in Athletics Nationals
i.
Reigning Asian champion Govindan Lakshmanan of Services cruised to
victory in the men’s 5000-metre race on the opening day of the 57th National
Open Athletics Championships at the Nehru Stadium in Chennai.
ii. Lakshmanan
has recently won gold in the 3,000m event at the Asian Indoor Games in
Ashgabat, Turkmenistan.
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