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| Daily Current Affairs 23rd May 2020 For All Government Examinations |
Daily Current Affairs 23rd May 2020 For All Government Examinations
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Ministry of Tourism organises webinar titled Tigers and Tourism under Dekho Apna Desh series: Highlights with Details
The Ministry of Tourism organised its latest webinar on ‘Tigers and Tourism’ under Dekho Apna Desh Webinar Series. The webinar was all about unveiling the rich heritage of tiger habitation in India and its relevance with tourism in India.
The session was moderated by Ms. Rupinder Brar, Addl. Director General, Ministry of Tourism and presented by Mr. Sandesh Kadur, an eminent wildlife conservation photographer and filmmaker, National Geographic Fellow, winner of BAFTA in photography and an EMMY nominee for outstanding cinematography.
The Dekho Apna Desh Webinar series, launched on 14th April 2020, till date has conducted 22 sessions showcasing the varied tourism products and experiences that India offers across the country. This series has attracted a viewership of over 90,000 persons till date.
The National e-Governance Division (NeGD) created by the Ministry of Electronics & Information Technology (MeitY) has been playing a pivotal role in supporting the Ministry in conducting of the DekhoApna Desh Webinars by providing technical assistance directly with a professional team.............Read More
Harsh Vardhan elected as Chair of Executive Board of WHO: Highlights with Details
The Union Minister of Health & Family Welfare Dr. Harsh Vardhan has been elected as Chair of the Executive Board of World Health Organization (WHO) for the year 2020-21. This took place during the 147th session of the Executive Board, in a meeting that was virtually held. He has replaced Dr Hiroki Nakatani of Japan.
Accepting the Chair of the Executive Board, Dr Harsh Vardhan paid tribute to the lakhs of people who have lost their lives due to the global COVID-19 pandemic. He requested all dignitaries present on the ocassionto give a standing ovation to all the frontline health workers and other COVID Warriors by saluting their dignity, determination and dedication.
Dr Harsh Vardhan also shared India’s experience of combating COVID-19. He noted that “We have a mortality of 3 per cent only. In a country of 1.35 billion, there are only 0.1 million cases of COVID19. The recovery rate is above 40 per cent and the doubling rate is 13 days.”
Dr Harsh Vardhan has also been a member of several prestigious committees of WHO like Strategic Advisory Group of Experts (SAGE) and the Global Technical Consultative Group (TCG) on Polio Eradication. He has also served as an Advisor to the WHO........Read More
The Union Minister of Health & Family Welfare Dr. Harsh Vardhan has been elected as Chair of the Executive Board of World Health Organization (WHO) for the year 2020-21. This took place during the 147th session of the Executive Board, in a meeting that was virtually held. He has replaced Dr Hiroki Nakatani of Japan.
Accepting the Chair of the Executive Board, Dr Harsh Vardhan paid tribute to the lakhs of people who have lost their lives due to the global COVID-19 pandemic. He requested all dignitaries present on the ocassionto give a standing ovation to all the frontline health workers and other COVID Warriors by saluting their dignity, determination and dedication.
Dr Harsh Vardhan also shared India’s experience of combating COVID-19. He noted that “We have a mortality of 3 per cent only. In a country of 1.35 billion, there are only 0.1 million cases of COVID19. The recovery rate is above 40 per cent and the doubling rate is 13 days.”
Dr Harsh Vardhan has also been a member of several prestigious committees of WHO like Strategic Advisory Group of Experts (SAGE) and the Global Technical Consultative Group (TCG) on Polio Eradication. He has also served as an Advisor to the WHO........Read More
9th Edition of the Status Paper on Government Debt: Key Points
The Central Government today released the Ninth Edition of the Status Paper on the Government Debt, which provides a detailed analysis of the Overall Debt Position of the Government of India. The Central Government has been bringing-out a Status Paper on Government Debt since 2010-11.
This document enhances transparency by providing a detailed account of debt operations during the year. It covers details of the financing operations of fiscal deficit of the Central Government during the year 2018-19. Government’s Debt Portfolio is characterised by a prudent risk profileand the Government is primarily resorting to market linked borrowings for financing its fiscal deficit. Conventional indicators of debt sustainability, i.e., Debt/GDP ratio, interest payment to revenue receipts, shares of short-term Debt/ External Debt/ FRBs in total debt,are analysed in the document in a comprehensive manner. The document also contains Debt Management Strategy of the Central Government for the financial years from 2019-20 to 2021-22 which will guide the borrowing plan of the Government.
The Status paper is available on the Ministry of Finance’s website: (dea.gov.in/public-debt-management)
The Central Government today released the Ninth Edition of the Status Paper on the Government Debt, which provides a detailed analysis of the Overall Debt Position of the Government of India. The Central Government has been bringing-out a Status Paper on Government Debt since 2010-11.
This document enhances transparency by providing a detailed account of debt operations during the year. It covers details of the financing operations of fiscal deficit of the Central Government during the year 2018-19. Government’s Debt Portfolio is characterised by a prudent risk profileand the Government is primarily resorting to market linked borrowings for financing its fiscal deficit. Conventional indicators of debt sustainability, i.e., Debt/GDP ratio, interest payment to revenue receipts, shares of short-term Debt/ External Debt/ FRBs in total debt,are analysed in the document in a comprehensive manner. The document also contains Debt Management Strategy of the Central Government for the financial years from 2019-20 to 2021-22 which will guide the borrowing plan of the Government.
This document enhances transparency by providing a detailed account of debt operations during the year. It covers details of the financing operations of fiscal deficit of the Central Government during the year 2018-19. Government’s Debt Portfolio is characterised by a prudent risk profileand the Government is primarily resorting to market linked borrowings for financing its fiscal deficit. Conventional indicators of debt sustainability, i.e., Debt/GDP ratio, interest payment to revenue receipts, shares of short-term Debt/ External Debt/ FRBs in total debt,are analysed in the document in a comprehensive manner. The document also contains Debt Management Strategy of the Central Government for the financial years from 2019-20 to 2021-22 which will guide the borrowing plan of the Government.
The Status paper is available on the Ministry of Finance’s website: (dea.gov.in/public-debt-management)
NTPC, ONGC sign MoU to set up Joint Venture Company for Renewable Energy Business: Highlights with Details
NTPC Ltd. the PSU under Ministry of Power and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum & Natural Gas, have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in Renewable Energy.
NTPC Ltd. the PSU under Ministry of Power and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum & Natural Gas, have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in Renewable Energy.
The MoU Signed by:
The MoU was signed by Shri A K Gupta, Director (Commercial) NTPC and Shri Subhash Kumar, Director (Finance) and In-charge Business Development and Joint Venture, ONGC. The MoU signing activity has been done on Virtual conferencing mode in the august presence of Shri Gurdeep Singh, CMD NTPC and Shri Shashi Shanker, CMD ONGC along with the other Directors and officials of both the companies.
As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other Renewable Energy Projects in India and overseas. They shall also explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects.
The MoU was signed by Shri A K Gupta, Director (Commercial) NTPC and Shri Subhash Kumar, Director (Finance) and In-charge Business Development and Joint Venture, ONGC. The MoU signing activity has been done on Virtual conferencing mode in the august presence of Shri Gurdeep Singh, CMD NTPC and Shri Shashi Shanker, CMD ONGC along with the other Directors and officials of both the companies.
As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other Renewable Energy Projects in India and overseas. They shall also explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects.
As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other Renewable Energy Projects in India and overseas. They shall also explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects.
CCI approves acquisition of Emami Cement Limited by Nuvoco Vistas Corporation Limited
The Competition Commission of India (CCI) approves acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited, on a fully diluted basis, by Nuvoco Vistas Corporation Limited
The proposed combination pertains to the acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited (“ECL”), on a fully diluted basis by Nuvoco Vistas Corporation Limited (“NVCL”).
NVCL is a Nirma promoter group company and currently operates cement manufacturing units in the states of (i) Chhattisgarh, (ii) Jharkhand, (iii) West Bengal, (iv) Rajasthan and (v) Haryana. It is stated to be engaged in the businesses of manufacturing and sale of variety of grey cements including Portland Pozzolana cement, Portland Slag cement and Ordinary Portland cement. It is also engaged in the sale of certain other value-added products like construction chemicals, wall putty, and cover blocks.
ECL is a part of the Emami group and owns and operates cement manufacturing units in the states of (i) West Bengal, (ii) Chhattisgarh, (iii) Bihar and (iv) Odisha. It is stated to be engaged in the manufacturing and sale of variety of grey cements including Portland Pozzolana cement, Portland Slag cement, Ordinary Portland cement and plain cement concrete i.e. composite cement. It also manufactures and sells small quantities of clinker and ground granulated blast furnace slag.
Detailed order of the CCI will follow.
The Competition Commission of India (CCI) approves acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited, on a fully diluted basis, by Nuvoco Vistas Corporation Limited
The proposed combination pertains to the acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited (“ECL”), on a fully diluted basis by Nuvoco Vistas Corporation Limited (“NVCL”).
NVCL is a Nirma promoter group company and currently operates cement manufacturing units in the states of (i) Chhattisgarh, (ii) Jharkhand, (iii) West Bengal, (iv) Rajasthan and (v) Haryana. It is stated to be engaged in the businesses of manufacturing and sale of variety of grey cements including Portland Pozzolana cement, Portland Slag cement and Ordinary Portland cement. It is also engaged in the sale of certain other value-added products like construction chemicals, wall putty, and cover blocks.
ECL is a part of the Emami group and owns and operates cement manufacturing units in the states of (i) West Bengal, (ii) Chhattisgarh, (iii) Bihar and (iv) Odisha. It is stated to be engaged in the manufacturing and sale of variety of grey cements including Portland Pozzolana cement, Portland Slag cement, Ordinary Portland cement and plain cement concrete i.e. composite cement. It also manufactures and sells small quantities of clinker and ground granulated blast furnace slag.
Detailed order of the CCI will follow.
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