Daily Current Affairs 23rd September 2019 For All Government Examinations

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7th UAE-India High Level Joint Task Force on Investments (HLTFI) meeting held in Abu Dhabi

The seventh meeting of the UAE-India High Level Joint Task Force on Investments (HLTFI) (the Task Force) was held on 22nd September 2019 in Abu Dhabi to review and maintain the significant progress made in enhancing bilateral trade and investment between the two countries.

The meeting was co-chaired by Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority (ADIA) and Chairman of Abu Dhabi Crown Prince’s Court and Piyush Goyal, Minister of Railways and Commerce & Industry.

The Task Force was established as a key forum to promote economic ties between the UAE and India.

Both sides also discussed issues relating to the tax treatment of the ADIA wholly owned subsidiaries at the Abu Dhabi Global Market (ADGM). The Indian side has agreed to give an early consideration and mutually beneficial solution to the issue in a way that could facilitate ADIA’s investments in India......Read More

NIDM to organize a Workshop on Post Disaster Needs Assessment (PDNA)

The National Institute of Disaster Management (NIDM) is organizing one day National workshop on Post Disaster Needs Assessment (PDNA) in New Delhi.

The Union Minister of State for Home Affairs, Nityanand Rai will be the Chief Guest on the occasion.

National Institute of Disaster Management (NIDM), undertook the study for developing a scientific tool on Post Disaster Needs Assessment (PDNA), under the National Cyclone Risk Mitigation Project (NCRMP).

The focus of this workshop is to disseminate the outcome documents of the study to all the relevant stakeholders so that the same may be utilized by them as a reference document while preparing the memorandum for submission to the MHA in post disaster phase.

The workshop will also discuss the issues and challenges faced by States in assessment of damage and loss along with the capacity gap for undertaking such detailed exercise.

Cabinet approves Payment of PLB to railway employees for the FY 2018-19

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages to over 11.52 Lakh eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the Financial Year (FY) 2018-19, for maintaining industrial peace and motivation of railwaymen. This entails an expenditure of Rs. 2024.40 crores to the exchequer.

This is the sixth consecutive year that the Government led by Mr Narendra Modi has maintained a bonus of 78 days wages. It has never lowered it.

Benefits:

Payment of PLB equivalent to 78 days wages to eligible railway employees (excluding RPF/RPSF personnel) for the FY 2018-19 would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further, besides maintaining industrial peace.

PLB to all non-gazetted railway employees is an acknowledgement of their contribution to the efficient running of the Railways.

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Daily Current Affairs 23rd September 2019 For All Government Examinations