Current Affairs – January 05, 2018


Here’s your daily summary of Current Affairs.

Tata Memorial launches India’s first digital Oncology Tutorial Centre  

Smt. Preeti Sudan, Secretary (Health and Family Welfare) launched the country’s first digital Online Oncology Tutorial Series designed by the Tata Memorial Center in collaboration with the Health Ministry. The oncology tutorial series aims to train the doctors across the country to educate them in early detection, prevention, palliation, rehabilitation and treatment of various cancers.

 

 

Namami Gange Projects worth Rs 295 Cr announced by NMCG

National Mission for Clean Ganga (NMCG) has approved five projects worth Rs. 295.01 crore. Three projects pertain to sewage management in West Bengal at an estimated cost of Rs 278.6 crore, one relates to sewage management in Uttarakhand at an estimated cost of Rs 4.68 crore and one project worth Rs 11.73 crore is related to ghat improvement works in Varanasi, Uttar Pradesh.

 

 

Reserve Bank of India initiates Prompt Corrective Action against Allahabad Bank

The Reserve Bank of India has initiated ‘prompt corrective action’ (PCA) against Allahabad Bank over its high bad loans. High net non-performing assets (NPA) and a negative return on assets (ROA) for two years in a row have prompted the action. The action would help improve its risk management, asset quality and profits. There are total 11 banks on which RBI has initiated PCA till date.

 

 

NABARD sanctions Rs 372.51 cr loan to Orissa      

The NABARD has sanctioned Rs 372.51 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Odisha towards irrigation and rural bridge projects for the last quarter of this fiscal. NABARD has also sanctioned 14 Rural Bridge Projects under Biju Setu Yojana with RIDF loan assistance of Rs 242.34 crore.

 

 

 

Andhra Pradesh Grameena Bank commissions its first Desktop ATM in Telangana

The Andhra Pradesh Grameena Vikas Bank (APGVB) has operationalised its first desktop ATM in Telangana. The mini-ATM within the branch premises will facilitate customers to withdraw small amounts. At the same time, regular bank account holders can withdraw money and do other banking activities. With these ATMs, there will be no need for separate ATM rooms, so there is no security issue. This initiative is the biggest under the SBI and among the best regional rural banks (RRBs). There are 56 RRBs operational in the country as of now.

 

MoU approved between India and Israel in Oil and Gas Sector

Cabinet has approved the signing of MoU between India and Israel on cooperation in the Oil and Gas Sector. The cooperation envisaged under the agreement will facilitate promotion of investments in each other’s countries, technology transfer, R&D, conducting joint studies, capacity building of human resources and collaboration in the area of Start-ups.

 

 

 

India- Myanmar Land Border Crossing Approved   

Cabinet has approved the Agreement between India and Myanmar on Land Border Crossing. The Agreement will facilitate regulation and harmonization of already existing free movement rights for people of both countries. It will also facilitate movement of people on the basis of valid passports and visas which will enhance economic and social interaction between the two countries. The Agreement is an enabling arrangement for movement of people across India-Myanmar border.

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