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Daily Current Affairs 2nd January 2021 For All Government Examinations |
Daily Current Affairs 2nd January 2021 For All Government Examinations
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India, ADB sign USD 231 million loan MoU to enhance power generation capacity in Assam
The Asian Development Bank (ADB) and the Government of India signed a $ 231 million loan to augment electricity generation capacity in the state of Assam through construction of a 120 megawatts (MW) hydroelectric power plant that will enhance availability of electricity for households.
Also Read: India, World Bank Signs USD 500 Million Project to Develop Green, Resilient and Safe Highways in India: Highlights with Details
This is the third tranche loan for the ongoing Assam Power Sector Investment Programme that was approved by the ADB Board in July 2014. The programme, including its two previous tranches, focuses on enhancing capacity and efficiency of the energy generation and distribution systems in Assam to improve electricity service to end users.
The MoU Signed by - India, ADB sign USD 231 million loan MoU to enhance power generation capacity in Assam
The signatories to the loan agreement were Dr. C. S. Mohapatra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Mr. Hoe Yun Jeong, Officer-in-Charge of ADB’s India Resident Mission, who signed for ADB......Read More
Suneet Sharma takes over the charge of new Chairman & CEO of Railway Board: Quick Highlights
Suneet Sharma appointed as new Chairman & CEO of Railway Board: Shri Suneet Sharma, has taken over the charge of new Chairman & Chief Executive Officer (CEO), Railway Board (Ministry of Railways) and ex-officio Principal Secretary to Government of India. The appointments committee of the Cabinet has approved the appointment of Shri Suneet Sharma as Chairman & CEO of Railway Board. Prior to this, Shri Suneet Sharma worked as General Manager, Eastern Railway.
About New Chairman & CEO of Railway Board Suneet Sharma
Shri Suneet Sharma joined the Indian Railways in 1979 as a Special Class Apprentice while he was studying engineering at IIT Kanpur. A graduate in Mechanical and Electrical Engineering he has more than 40 years of experience serving in the Indian Railways in various capacities. He has done stints in Operational working, maintenance in Sheds, Depots and Workshops. He was Chief Workshop Manager, Parel workshop in Mumbai where he was instrumental in manufacturing narrow gauge locomotives for hill railways.
Suneet Sharma as General Manager Modern Coach Factory, Raebareli he set a record by doubling the out turn of the much required modern passenger coaches in one year.....Read More
GST Revenue collection for December 2020 recorded 1,15,174 lakh crore, all time high since implementation of GST - Finance Ministry
The government has settled ₹ 23,276 crore to CGST and ₹ 17,681 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governments after regular settlement in the month of December 2020 is ₹ 44,641 crore for CGST and ₹ 45,485 crore for the SGST.
Also Read: GST Revenue Collection Crosses 1 lakh Crore for November 2020, for the second consecutive months - Finance Ministry
In line with the recent trend of recovery in the GST revenues, the revenues for the month of December 2020 are 12% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 27% higher and the revenues from domestic transaction (including import of services) are 8% higher that the revenues from these sources during the same month last year.....Read More
Also Read: GST Revenue Collection Crosses 1 lakh Crore for October 2020, for first time in 8 months - Finance Ministry
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