Page-18 of 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 ..

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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 ..

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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 ..

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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 ..

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Central Government has revised the National Solar Mission target

Central Government has revised the National Solar Mission target of Grid Connected Solar Power projects from 20,000 MW by 2022 to1,00,000 MW by 2022. Centre has envisaged to achieve the 1,00,000 MW target by setting up Distributed Rooftop Solar Projects ..

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India, Slovak ink MoU on technical cooperation in Railway Sector

India and Slovak Republic have signed a Memorandum of Understanding (MoU) on technical cooperation in railway sector. The MoU was signed between Union Ministry of Railways and the Ministry of Transport, Construction and Regional Development of the Slovak Republic. It ..

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President appoints Om Prakash Rawat as Election Commissioner

President Pranab Mukherjee has appointed former IAS officer Om Prakash Rawat as an Election Commissioner (EC) in the Election Commission of India (ECI). He will have tenure of more than three years which will end in December, 2018 i.e. till ..

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CCEA approves Rs 300 cr package to save standing kharif crops from weak monsoon

The Cabinet Committee on Economic Affairs (CCEA) has approved the 300 crore rupees package to save standing kharif agricultural and horticultural crops from weak monsoon. Decision in this regard was taken at the CCEA meeting chaired by Prime Minister Narendra ..

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