Page-14 of Current Affairs - August, 2015
Prime Minister Narendra Modi announced a new campaign ‘Start-up India; Stand up India’
On the eve of celebration of 69th Independence Day at Red Fort Prime Minister Narendra Modi announced a new campaign ‘Start-up India; Stand up India’ an initiative to promote bank finance for Start-ups (an entrepreneurial venture). The campaign was announced ..
Month: Current Affairs - August, 2015
Assam passes Witch Hunting (Prohibition, Prevention and Protection) Bill, 2015
Assam state legislature has passed Assam Witch Hunting (Prohibition, Prevention and Protection) Bill, 2015. This law was prepared in order to reign in the rising incidents of witch hunting cases across the state. It was prepared in lines with the ..
Month: Current Affairs - August, 2015
Odisha Government approves Housing for All policy in urban areas
Odisha government has approved a new policy for ‘Housing for All’ in urban areas of state. The new policy was approval of the State Cabinet meeting chaired by Chief Minister Naveen Patnaik in Bhubaneswar. Key facts The policy aims to ..
Month: Current Affairs - August, 2015
Tata Sons raise stake in AirAsia India from 30% to 41%
Tata Sons has decided to increase its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent by infusing fresh capital. AirAsia India is a joint venture between Malaysian low-cost airline AirAsia Berhad, Tata Sons and Arun Bhatia’s ..
Month: Current Affairs - August, 2015
Axis Bank launched the First Multi-Currency Contactless Card service in India
India’s third largest private sector lender, Axis Bank has launched the first Contactless Debit, Credit and Multi-Currency Forex Card in association with VISA payWave in the country. Axis Bank will offer a contactless debit/credit cards to its 1.7 million premium ..
Month: Current Affairs - August, 2015
Odisha Cabinet gave nod to new Industrial Policy Resolution (IPR) 2015
Odisha cabinet approved the much awaited Industrial Policy Resolution (IPR) 2015 after several rounds of consultation with different administrative departments and industry associations. The IPR 2015 lays focus on various sectors for the next five years which includes infrastructure development, ..
Month: Current Affairs - August, 2015
NTPC signed two MoUs for Skill Development
National Thermal Power Corporation (NTPC) has signed two Memorandum of Understanding (MoUs) with National Skill Development Fund (NSDF) and National Skill Development Corporation (NSDC) for skill development training in eastern states and Bihar. The first MoU: As per the MoU ..
Month: Current Affairs - August, 2015
IRDAI allows Banks to tie up with insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed banks to tie up with insurers. This decision was taken as part of the IRDAI’s new Bancassurance model guidelines which will be notified soon. Prior to this decision, banks were ..
Month: Current Affairs - August, 2015
The founder of Hero Cycle Om Prakash Munjal passes away
The founder of Hero Cycle and a leading industrialist Om Prakash Munjal breathed his last in the DMC Hero Heart Centre, Ludhiana on 13 August. He was 87. On Prakash was born on 26 August 1928 in Kamalia, Punjab (then British ..
Month: Current Affairs - August, 2015
PAHAL scheme enters into Guinness Book of world records
Union Government’s ambitious Pratyaksha Hastaantarit Laabh (PAHAL) scheme has been acknowledged as the world’s largest cash transfer program (households) by the Guinness Book of World Records. Pratyaksha Hastaantarit Laabh (PAHAL) scheme The scheme was formally launched as Direct Benefit Transfer ..