Daily Current Affairs 15th September 2021 For All Government Examinations

Daily Current Affairs 15th September 2021: EducationBro Provide Daily Base Current Affairs. This Most Important Daily Current Affairs Help You to Appear IBPS Banking SBI PO Clerical RRB SBI PO SSC CGL CHSL Railway and Other All Competitive Examinations.

Daily Current Affairs 15th September 2021: Education Bro Provide Every Single Day Most Important Daily Current Affairs, Current Updates including different areas Current Affairs Updates like New Appointment, Awards, Deaths News, Banking News, Economic Update, National News, International News, State Level News, New launching Update, Summit & Conference Update, Defence News, Science & Technology Update, Sports News Updates.

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India, Singapore to link their Fast Payment Systems – Unified Payments Interface and PayNow

India, Singapore to link their Fast Payment Systems – UPI and PayNow: The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) announce a project to link their respective fast payment systems viz. Unified Payments Interface (UPI) and PayNow. The linkage is targeted for operationalisation by July 2022.

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The UPI-PayNow linkage will enable users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis without a need to get on boarded onto the other payment system.

About Unified Payments Interface (UPI)

Unified Payments Interface (UPI) is India’s mobile based, 'fast payment' system that facilitates customers to make round the clock payments instantly using a Virtual Payment Address (VPA) created by the customer. This eliminates the risk of sharing bank account details by the remitter. UPI supports both Person to Person (P2P) and Person to Merchant (P2M) payments as also it enables a user to send or receive money......Read More

India’s overall exports in August 2021 are estimated to be USD 52.20 Billion

India’s overall exports (Merchandise and Services combined) in August 2021* are estimated to be USD 52.20 Billion, exhibiting a positive growth of 33.99 per cent over the same period last year and a positive growth of 19.89 per cent over August 2019.

Overall imports in August 2021* are estimated to be USD 58.57Billion, exhibiting a positive growth of 45.38per cent over the same period last year and a positive growth of 16.00 per cent over August 2019.

Vice President, Prime Minister and Lok Sabha Speaker jointly launch Sansad TV

Vice President of India and Rajya Sabha Chairman M. Venkaiah Naidu, Prime Minister Narendra Modi and Lok Sabha Speaker Om Birla jointly launch Sansad TV at the Main Committee Room, Parliament House.

Sansad TV programming will primarily be in 4 categories – functioning of Parliament and democratic institutions, governance and implementation of schemes/policies, history and culture of India and issues/interests/concerns of contemporary nature.

81st All India Presiding Officers’ Conference (AIPOC) to be held in Virtual Format

The 81st All India Presiding Officers’ Conference (AIPOC) will be held today at 11 AM onwards in Virtual Format. Lok Sabha Speaker Om Birla to chair All India Presiding Officers' Conference today. The Conference will deliberate on the Role of Legislature in fostering effective and meaningful democracy.

RBI Imposes Monetary Penalty on Spice Money Limited

The Reserve Bank of India (RBI) has imposed monetary penalty of ₹2.44 lakh (Rupees two lakh forty four thousand only) on Spice Money Limited (the entity) for contravention of / non-compliance with certain provisions of the directions issued by RBI.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.

Jammu and Kashmir: LG Manoj Sinha launches Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’

Jammu and Kashmir, Lieutenant Governor Manoj Sinha launched Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’, at Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) in Pampore.

The mission 'One Gram Panchayat - One Digi-Pay Sakhi' aims to promote digital banking and financial services door-to-door in remote areas of Jammu and Kashmir.

Initially, the DIGI-Pay facility will be provided in 2000 remote villages of the UT and in the first phase, 80 women from Self Help Groups from across Jammu and Kashmir have been selected as DIGI-Pay Sakhis.

India’s COVID-19 Vaccination Coverage exceeds 75.89 Cr; Recovery Rate currently at 97.62%

With the administration of 61,15,690 vaccine doses in the last 24 hours, the country's COVID-19 vaccination coverage surpassed the cumulative figure of 75.89Cr (75,89,12,277) as per provisional reports till 7 am today.

Consequently, India’s recovery rate stands at 97.62%. 27,176 new cases were reported in the last 24 hours.

The Weekly Positivity Rate at 2.00% remains less than 3% for the last 82 days now. The Daily Positivity rate reported to be1.69%. The daily Positivity rate has remained below 3% for the last 16 days and below 5% for 99 consecutive days now.

Cabinet approves MoU between India and Italy on Cooperation in the field of Disaster Risk Reduction and Management

The Union Cabinet chaired by the Prime Minister Narendra Modi was apprised about the Memorandum of Understanding (MoU) between the National Disaster Management Authority (NDMA) of the India and the Department of Civil Protection of the Presidency of the Council of Ministers of Italy on Cooperation in the field of Disaster Risk Reduction and Management.

The MoU seeks to put in place a system, whereby both India and Italy will benefit from the Disaster Management mechanisms of each other and it will help in strengthening the areas of preparedness, response and capacity building in the field of Disaster Management.

Cabinet approves PLI Scheme for Auto Industry and Drone Industry

The Cabinet approved the PLI Scheme for Automobile Industry and Drone Industry with a budgetary outlay of ₹ 26,058 crore. The PLI scheme for the auto sector will incentivize high value Advanced Automotive Technology vehicles and products. It will herald a new age in higher technology, more efficient and green automotive manufacturing.

Key Highlights

PLI Auto Scheme will incentivize emergence of Advanced Automotive Technologies global supply chain in India
Help create additional employment of over 7.6 lakh people

Incentives worth ₹ 26,058 crore will be provided to industry over five years
PLI Scheme for auto sector will bring fresh investments of over₹42,500 crore in five years and incremental production of over ₹ 2.3 lakh crore
PLI Scheme for Drones will bring fresh investments of over₹5,000 crore in three years and incremental production of over ₹ 1,500 crore
PLI Scheme for automotive sector along with already launched PLI for Advanced Chemistry Cell (₹18,100 crore) and Faster Adaption of Manufacturing of Electric Vehicles (FAME) Scheme (₹10,000 crore) will give a big boost to manufacture of Electric Vehicles

Cabinet approves number of structural and process reforms in Telecom sector

The Union Cabinet, chaired by the Prime Minister Narendra Modi approved a number of structural and process reforms in the Telecom sector. These are expected to protect and generate employment opportunities, promote healthy competition, protect interests of consumers, infuse liquidity, encourage investment and reduce regulatory burden on Telecom Service Providers (TSPs).

Nine structural reforms and Five procedural reforms plus relief measures for the Telecom Service Providers are as below:

Structural Reforms in Telecom sector

Rationalization of Adjusted Gross Revenue: Non-telecom revenue will be excluded on prospective basis from the definition of AGR.
Bank Guarantees (BGs) rationalized: Huge reduction in BG requirements (80%) against License Fee (LF) and other similar Levies. No requirements for multiple BGs in different Licenced Service Areas (LSAs) regions in the country. Instead, One BG will be enough.
Interest rates rationalized/ Penalties removed: From 1st October, 2021, Delayed payments of License Fee (LF)/Spectrum Usage Charge (SUC) will attract interest rate of SBI’s MCLR plus 2% instead of MCLR plus 4%; interest compounded annually instead of monthly; penalty and interest on penalty removed.
For Auctions held henceforth, no BGs will be required to secure instalment payments. Industry has matured and the past practice of BG is no longer required.......Read More

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Daily Current Affairs 15th September 2021 For All Government Examinations