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NATIONAL India is Asia’s most corrupt country with 69 per cent bribery rate: Forbes India is the most corrupt Asian country with 69 per cent bribery rates, a report by Transparency International said. The report was published in March 2017 but the official handle of the Forbes India tweeted the article again on Sep 1. According to Forbes India, in five of the six public services—schools, hospitals, ID documents, police, and utility services—more than half the respondents have had to pay a bribe. India is followed by Vietnam at 65 per cent, Thailand at 41 per cent, Pakistan at 40 per cent and Myanmar at 40 percent bribery rate. Ahmedabad gets India’s first World Heritage City certificate Ahmedabad in Gujarat has been formally accorded the status of India‘s first World Heritage City. The honour makes the walled city of Ahmedabad the first city in India, and the third in Asia after Bhaktapur (Nepal) and Galle (Sri Lanka). Arunachal Pradesh, J&K are fastest growing economies According to a new series of gross State domestic product data with 2011-12 as the base year published by the Central Statistics Office, Jammu and Kashmir and Arunachal Pradesh were the fastest expanding State economies in 2015-16. The two States also reported the fastest rise in per capita income in the same year. Arunachal Pradesh‘s gross State domestic product (GSDP) expanded 16.5 per cent and that of Jammu and Kashmir 14.7 per cent at constant 2011-12 prices. Vice-President Venkaiah Naidu launches talent search portal The Sports Ministry‘s National Sports Talent Search Portal ‗nationaltalenthunt.com‘ was launched by Vice-President Venkaiah Naidu in New Delhi. Anyone over the age of eight can register and upload their bio-data or videos on the website with the talented ones shortlisted for further specialised training. Under this initiative, the Sports Authority of India (SAI) will select prospective talents from all parts of India based on a bio-data or a video uploaded on the portal by the athletes or their coaches or parents and develop them into competitive athletes. Two crore flood relief for Assam by MP The Madhya Pradesh government has contributed Rs. 2 crore to Assam Chief Minister‘s Relief Fund for the prevailing flood situation in the state. 56th annual aerospace conference inaugurated in Bengaluru The 56th annual aerospace conference was inaugurated by the Air Chief Marshal BS Dhanoa at the Institute of Aerospace Medicine in Bengaluru. Home Minister launches SAMADHAN to control security situation A committee under the chairmanship of Rajanath singh has decided to launch a new initiative SAMADHAN (S-Smart Policing and Leadership; A -Aggressive Strategy, M-Motivation and Training, A-Actionable Intelligence; D-Dashboard for Development and Key Performance Indicators, H-Harnessing Technology for Development and Security, A-Action Plan for each Theatre and N-No access to Financing) to control the situation in the LWE affected states. Delhi police initiative for skill development Delhi Police has tied up with National Skill Development Corporation (NSDC) and Confederation of Indian Industry (CII) to provide the job-linked skilling for selected youths under the ‗Yuva‘ programme. NSDC will be providing training to selected youths under the Pradhan Mantri Kaushal Vikas Yojna (PMKVY). Bengaluru airport, Accenture collaborate to create ‘airport of the future’ Bengaluru International Airport Limited and Accenture has signed MoU for the development of digital solutions to create an ―airport of the future‖.
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ICEX launches world’s first diamond futures contracts The Indian Commodity Exchange (ICEX) launched the world‘s first diamond futures contracts to provide exporters with a hedging tool. Shekatkar panel recommended to deploy 57000 Armymen The government has accepted the Shekatkar panel suggestion and will deploy 57,000 personnel for various other required duties. Amazon to help implement Karnataka milk scheme Amazon and Akshaya Patra Foundation joins hands to mplement the Karnataka government‘s ‗Ksheera Bhagya‘ Scheme in Bengaluru. Hnaging Bridge opend in Kota Prime Minister Narendra Modi dedicated a hanging bridge built across the Chambal river at Kota to the nation, which is over Chamba river and 350 metre long. Karnataka launches unified health scheme ‘Arogya Bhagya’ Karnataka government will be merging the existing seven health schemes to launch a unified scheme- ‗Arogya Bhagya‘ which will cover all 1.4 crore households of the state. Deadline for linking Aadhaar with government schemes is now Dec 31’ Adfttorney General K.K. Venugopal informed the Supreme Court that the existing deadline of September 30 for linking Aadhaar to various government schemes for benefits will be extended till December 31. Anti-Dumping Duty on Sodium Nitrite Imports from China The Union government has imposed a five-year anti-dumping duty on Sodium Nitrite imports from China. Deepak Nitrite Ltd had filed the petition, which was also supported by Punjab Chemicals & Crop Protection Ltd, seeking sunset review investigations on Sodium Nitrite imports from China. First Synergy Conference on Defence Pension The Defence Accounts Department (DAD) organized its first Synergy Conference on Defence Pensions in New Delhi. It will help to get feedback from the pensioners. The panel formed to interact with the pensioners was headed by Addl. CGDA Shri Upendra Sah. Rs 15000 cr road project for Rajasthan Union minister for road transport and highways Nitin Gadkari inaugurated highway and road projects worth Rs15,000 crore for the state in Udaipur, Rajasthan. Chandrababu Naidu turns Friday ‘DAY OF HELPING HAND’ The Chief Minister has fixed Friday to meet the poorest of the poor and listen to their grievances and help tide over their woes. The day is aptly described as the ―Day of Helping Hand‖. No interviews in group B,C,D in UP govt jobs The Uttar Pradesh Government has decided to do away with interview in the recruitment of non- gazetted officers from Class II to IV. Retail India Summit and Expo- RISE 2017 commenced The 2-day Retail India Summit and Expo (RISE 2017) opened in New Delhi. The Retail Expo is a definitive platform by Retailers Association of India (RAI) to help retailers find the right business partners and solutions across categories to help take their business to the next level. PM Modi inaugurated annual conference – Rajaswa Gyan Sangam, 2017 in New Delhi Prime Minister Narendra Modi inaugurated the annual conference – Rajaswa Gyan Sangam, 2017 in New Delhi. He addressed the tax administrators during the conference. The objective of the Conference is to enable a two-way communication between the policy-makers and the senior officers in the field offices with a view to increase revenue collection and facilitate effective implementation of law and policies in key result areas.
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INTERNATIONAL Sri Lanka bans plastic amid garbage disposal crisis Sri Lankan President Maithripala Sirisena banned plastic bags and other disposable products after one of the country‘s biggest dump collapsed in April leading to a disposal crisis. The collapse had destroyed several homes and killed 32 people. Violators could be fined over Rs 4,000 and jailed for up to 2 years. Kenya imposes world’s toughest law against plastic bags Using plastic bags in Kenya will risk imprisonment of up to four years or fines of $40,000, as the world‘s toughest law aimed at reducing plastic pollution came into effect. UN opens atomic fuel reserve in Kazakhstan to ensure supply The International Atomic Energy Agency (IAEA) decided to open the Low Enriched Uranium Bank in Kazakhstan. Sushma Swaraj to attend Eastern Economic Forum in Russia External Affairs Minister Sushma Swaraj will visit Vladivostok from September 5-7 to participate in the third Eastern Economic Forum in Russia. $1 mn for flood relief in South Asia by Google Lending a helping hand in the flood relief operations in India, Nepal and Bangladesh, Google has committed $1 million to NGOs Goonj and Save the Children. Apart from offering funds to the NGOs, Google‘s crisis response team has also activated SOS alerts in the three countries. Lebanon Adopts First Animal-Protection Law Lebanese president Michel Aoun passed the country‘s first animal welfare law. The legislature was the result of several years of lobbying by animal-rights nonprofit Animals Lebanon. The law sets forth penalties—up to four months in prison and fines up to LL100 million ($66,000)— for mistreating both companion and wild animals used for entertainment in zoos and circuses. ECONOMY ItzCash partners with HDFC Ergo for general insurance products Mumbai based digital payments company and financial exchange Ebix‘s ItzCash, has partnered with non life insurance provider HDFC ERGO to offer general insurance products through its physical retail outlets. With Ebix‘s major play as one of the world‘s largest insurance exchange, this association will further strengthen ItzCash‘s position in the Financial Exchange market. Aksh Optifibre bags contract with Bank of Baroda In accord with Prime Minister Narendra Modi‘s mission of ‗Banking for Everyone and Financial Inclusion‘, Aksh Optifibre plans to setup 5,000 banking kiosks through its flagship services arm ―1 STOP AKSH‖ as the national level bank correspondent for Bank of Baroda. Under ―1 STOP AKSH ― the company is operating 10,000 plus existing e-Mitra kiosks in Rajasthan, out of which 500 plus are already serving as banking kiosks. BOB joins hands with Finolex for easy finance to farmers Bank of Baroda and Finolex Plasson Industries in order to finance farmers for installation of Micro Irrigation system. Urban Fulfilment Services, LLC acqused by HCL HCL Technologies has completed the acquisition of Urban Fulfilment Services, LLC. Freyr Energy ties up with Axis Bank Solar energy services company Freyr Energy has tied up with Axis Bank to provide loans for solar rooftop installations in Telangana and Andhra Pradesh. Loan amount is between from Rs 5 lakh to Rs 50 for a period of 5 years. The loans will be given to MSMEs and self-employed individuals to install Freyr rooftop solar plants for industrial and commercial purposes. Canara HSBC Oriental Life launches ‘PoS’ product Canara HSBC Oriental Bank of Commerce Life Insurance Company (CHOICE) has come up with a ‗Point-of-Sale‘- ‗PoS – Easy Bima Plan‘ product targeted at the mass-market segment.
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Rs 7,900 crore Penalty on Vodafone For Tax Dues The Income Tax Department has imposed Rs 7,900 crore penalty on the tax demand of the same amount on a unit of billionaire Li Ka-shing‘s CK Hutchison Holdings Ltd. over its decade-old sale of mobile phone business in India to Vodafone Group Plc. Vodafone had in 2007 acquired 67% stake in the mobile-phone business owned by Hutchison Whampoa, now part of CK Hutchison. GST Collection for First Month at Rs 92,283 Crore According to the Finance Minister Arun Jaitley, taxes worth Rs 92,283 crore were collected in July from just 64.42 per cent of the total taxpayer base. Indian economy's growth slows down in Q1 2017-18 at 5.7% A major decline in manufacturing and the lingering effects of demonetisation sharply pulled down India's economic growth rate in the first quarter of the current fiscal ended June to 5.7 per cent, as compared to 7.9 per cent in the same period a year ago. NDB approves $1.4 bn loan for projects in India, China, Russia Ahead of the BRICS summit, the New Development Bank (NDB) of the five-member group has approved USD 1.4 billion loans for sustainable development projects in China, India and Russia. UCO Bank has Rs 7,500 cr exposure in identified stressed accounts State-run UCO Bank on Wednesday said it has Rs 4,500 crore exposure in the identified 12 large non- performing accounts and additional Rs 3,000 crore in the second list of 21 stressed accounts. Ujjivan Small Finance Bank Receives Scheduled Bank Status by RBI The Ujjivan Small Finance Bank has received the scheduled bank status from RBI (Reserve Bank of India). A wholly-owned subsidiary of Ujjivan Financial Services Ltd. Ujjivan SFB started these operations like a Small Finance Bank with impact from 1st February 2017. At the present time, Ujjivan SFB has 65 full-fledged brick as well as mortar branches in 8 states and 2 Union Territories. It plans for converting 160 existing branches & 29 new URCs (Unbanked Rural Centres) by the end of FY 2017-18 along with the remaining branches will be converted over a period of 2 years in line with Reserve Bank of India approval. Samit Ghosh, MD & CEO of Ujjivan SFB Headquarter of Ujjivan SFB- Bengaluru, Karnataka. NTPC signs Rs. 3,000-cr term loan agreement with ICICI Bank State-owned NTPC has signed a term loan agreement for Rs 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilised to part finance the capital expenditure of NTPC, the company said. NTPC had commissioned 3,845 MW capacity and added 2,190 MW to its commercial capacity during 2016-17. The installed capacity of the group was 51,671 MW as on July 31 and has over 28,000 MW of capacity under construction. CASHe ties up with Paisabazaar for quicker loan disbursals Digital lending marketplace Paisabazaar, has tied up with online lending platform CASHe to offer short term personal loans on the Paisabazaar platform to salaried millennials, who otherwise do not qualify for credit from traditional banks and financial institutions. Naveen Kukreja, chief executive officer of Paisabazaar.
BILATERAL MoU Between India and Brazil Memorandum of Understanding (MoU) signed between India and Brazil for cooperation in the fields of Zebu Cattle Genomics and Assisted Reproductive Technologies.
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MoU for the earth quake damage India and Mayanmar will sign a Memorandum of Understanding (MoU) for the conservation of earthquake-damaged pagodas at Bagan, Myanmar India and Canada jointly launch postage stamp A set of two commemorative postage stamps will be issued jointly by the Government of India and Canada on the theme of Indian festival Diwali, which will be released on September 21,2017. MoU between India and Israel MoU between India and Israel on an R&D and technological innovation fund which will see both countries contribute $40,00,000 each annually for five years. Fourth Session of the India-Tanzania Joint Trade Committee held in New Delhi Tanzania will invest US $ 2.2 billion in India which is announced in the Fourth Session of the India- Tanzania Joint Trade Committee (JTC) meeting in Delhi. Minister of State for Commerce and Industry Ms. Nirmala Sitharaman and Tanzanian delegation was led by the Minister of Industry, Trade, and Investment Mr. Charles John Mwijage. Capital of Tanzania is Dodoma. Currency of Tanzania is Shilling. India, Switzerland sign two MoUs on Railways India and Swizerland has signed two MoUs for the development of Railways. India will collaborate with Switzerland for developing trains which will tilt on approaching a bend, just like a motorbike on a winding road. The first agreement is a follow up on bilateral cooperation in rail sector discussed in the meeting held between Railway Minister Suresh Prabhu and the Swiss Ambassador in July 2016. The second MoU was signed between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology which will help the former in establishing the George Fernandes Institute of Tunnel Technology (GFITT) at Goa especially for assimilation and dissemination of knowledge in the field of tunnelling. India signs pact with Germany for renewable energy India and Germany have signed an agreement on technical cooperation under the Indo-German Energy Programme – Green Energy Corridors (IGEN-GEC) in order to improve the conditions for grid integration of renewable energy.
AWARDS Kerawalla of VIBGYOR Group of Schools receives Edupreneur Award Mr. Rustom Kerawalla, Founder Chairman, VIBGYOR Group of Schools was awarded the Entrepreneur Award at the prestigious World Education Summit held at New Delhi for his contribution in the field of education. Nita Ambani Receives Rashtriya Khel Protsahan Award The Reliance foundation was awarded with the Rashtriya Khel Protsahan Award for its contribution in promotion of sports. Nitasha Biswas Crowned First Miss TransQueen India Nitasha Biswas, a transwoman from Kolkata was crowned the first Miss TransQueen India. While Manipur‘s Loiloi was crowned the first runner-up. Biswas will now go to Thailand for Miss International Queen, while Loiloi will compete at Miss Transsexual Australia. NITI Aayog Announced Winners of the Women Transforming India Awards 2017 NITI Aayog, MyGov and United Nations jointly announced the winners of the Women Transforming India Awards, 2017. Top 6 Contestants- Laxmi Agarwal- a champion of violence against women. Safeena Husain- working for girls‘ education in India‘s most backward districts. Kamal Kumbhar- enabling women like herself to realize their dreams of a brighter tomorrow.
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Subasini Mistry- working for two decades to build a hospital for the needy. Arunima Sinha- Is the first female amputee to scale the highest mountain in the world. Jamuna Tudu- has conserved 50 hectares of forest land around her village in Jharkhand India’s CSIR ranked 9th public research and development organization across the world According to the Scimago Institutions ranking World Report, 2017 the Council of Scientific and Industrial Research (CSIR) took the 9th position as a public research institution in the world. FICCI curates Special jury award to honor Dr. K R Balakrishnan Dr K R Balakrishnan has been awarded FICCI Special Jury Award for his contributions to healthcare and medical research at an event. He is the Director, Cardiac Sciences, Fortis Centre for Heart Failure & Transplant, Fortis Malar Hospital in Chennai, leading cardiac transplant surgeon on international repute. Mahabaleshwar honoured with literary award Saraswati Samman Konkani writer Mahabaleshwar Sail was awarded with the prestigious Saraswati Samman for 2016. She has been awarded for her work ―Hawthan‖ that captures the lives of the potter community in Goa. The award is instituted by KK Birla Foundation. Bollywood's Highest-Paid 2017:Forbes list According to a list released by Forbes, Saha Rukh Khan is the actor who higest paid in the bollywood. He is followed by Salman Khan and Akshay kumar. Among the actress Deepika Padukone and Priyanka Chopra are at the 6th and 7th place in the list. Social Activist Parull Mahaajan honoured with ‘Shri Shakti Samman’ Eminent Social Activist Parull Mahaajan has been felicitated with ‗Shri Shakti Samman‘ for her phenomenal contribution in the field of Women Empowerment. Reliance Foundation Young Champs named No.1 grassroots academy by AIFF Reliance Foundation Young Champs, the residential football scholarship academy based at Navi Mumbai, has been adjudged as the No.1 grassroots academy in India by the All India Football Federation (AIFF). PVR’s Chairman And MD bags ‘Exhibitor Of the Year’ Award Ajay Bijli, Chairman and Managing Director of PVR Limited, will receive the ―Exhibitor of the Year‖ Award at the CineAsia Awards Ceremony on 14 December 2017 in Hong Kong. PVR began as a joint venture agreement with Village Roadshow, a global film production and exhibition company of Australia, and within a few years, the company established the multiplex format in India.
PERSONS IN NEWS Ex-CBI Director R.K. Raghavan Appointed Indian High Commissioner to Cyprus Former Central Bureau of Investigation (CBI) chief R.K. Raghavan has been picked up by the Narendra Modi government as India‘s high commissioner to Cyprus. Kuldip Kaura is new interim CEO of Vedanta Ltd Vedanta Ltd appointed Kuldip Kaura as its interim CEO. Kaura succeeds Tom Albanese, who steps down as CEO. Former Union Home Secretary Rajiv Mehrishi set to be next CAG Rajiv Mehrishi, who has retired as the Union Home Secretary, is set to be the next Comptroller and Auditor General of India. The current CAG is Shashi Kant Sharma Rajiv Gauba takes charge as Home Secretary Senior IAS officer Rajiv Gauba has taken charge as the Union Home Secretary. He took charge from Rajiv Mehrishi Sunil Arora appointed Election Commissioner Former bureaucrat Sunil Arora has been appointed as Election Commissioner. After Nasim Zaidi retired as Chief Election Commissioner (CEC) in July, there was a vacancy in the poll panel. While Achal Kumar Joti is the CEC, Om Prakash Rawat is the other Election Commissioner.
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PV Sindhu named first brand ambassador of Bridgestone India Badminton ace PV Sindhu, who recently won Silver at the World Championship, has been appointed as the first brand ambassador of tyre maker Bridgestone India. Indian Hotels Company Appoints Puneet Chhatwal as MD and CEO Tata group hospitality firm Indian Hotels Company Ltd (IHCL) has appointed Duetsche Hospitality chief executive Puneet Chhatwal as its Managing Director (MD) and Chief Executive Officer (CEO). Sapar Isakov new PM of Kyrgyzstan Sapar Isakov is the new prime minister of Kyrgyzstan. Capital of Kyrgyzstan-Bishkek Currency of Kyrgyzstan-Som Texas Chain Saw Massacre director Tobe Hooper dies at 74 Horror film director Tobe Hooper, who set the movie world abuzz with The Texas Chain Saw Massacre in 1974 has passed away. Legendary Indian footballer Ahmed Khan passes away Singer-musician L.N. Shastry passes away Noted Kannada Singer-musician L.N. Shastry, who was battling cancer has passed away. Dara Khosrowshahi is New Uber CEO Company Uber has finally selected a new CEO of the company- Dara Khosrowshahi. He is from Iran Sanjaya Baru takes charge as Ficci Secretary General Sanjaya Baru on Sep 1 took over as the Secretary General of the apex industry body, the Federation of Indian Chambers of Commerce and Industry (Ficci). Rajiv Kumar takes charge as NITI Aayog Vice Chairman Rajiv Kumar has been appointed as the Vice Chairman of NITI Aayog in place of Arvind Panagariya, who opted to return to teaching in Columbia University in the US. Indian-origin civil servant appointed Singapore’s acting President JY Pillay, an Indian-origin veteran civil servant, has been appointed as Singapore‘s acting President until a new head of state is sworn in later this month. Pillay took over from Tony Tan Keng Yam who completed a six-year term
SPORTS Saurav, Joshna win at 74th Squash Nationals Saurav Ghoshal and Joshna Chinappa has won the 74th National Squash Championships in Noida i their respective men and women categories. National Sports Awards 2017 Conferred Rajiv Gandhi Khel Ratna 2017: Devendra Jhajaria (para-athlete), Sardar Singh (hockey) Dronacharya Awards 2017: Late Dr. R Gandhi (athletics), Heera Nand Kataria (kabaddi), GSSV Prasad (badminton), Brij Bhushan Mohanty (boxing – Lifetime), PA Raphel (hockey – Lifetime), Sanjoy Chakraverthy (shooting – Lifetime), Roshan Lal (wrestling – Lifetime) Arjuna Awards 2017: Jyothi Surekha Vennam (archery), Khushbir Kaur (athletics), Rajiv Arokia (athletics), Prashanthi Singh (basketball), Laishram Devendro Singh (boxing), Cheteshwar Pujara (cricket), Harmanpreet Kaur (cricket), Oinam Bembem Devi (football), SSP Chawrasia (golf), SV Sunil (hockey), Jasvir Singh (kabaddi), Prakash Nanjappa (shooting), Anthony Amalraj (table tennis), Saketh Myneni (tennis), Satyawart Kadian (wrestling), Mariyappan (para-athlete), Varun Singh Bhati (para-athlete) Dhyan Chand Award 2017: Bhupender Singh (Athletics), Syed Shahid Hakim (Football), Sumarai Tete (Hockey)
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Virat Kohli becomes highest run-getter in ODIs in 2017 Indian captain Virat Kohli has become the leading ODI run-scorer this year, during his 131-run knock against Sri Lanka in the fourth ODI. Kohli, who has now scored 907 runs this year, overtook South Africa‘s Faf du Plessis, who has 814 runs in 2017. Lieke Martens named 2016/17 UEFA Women’s Player of the Year Lieke Martens, one of the new FC Barcelona signings for the 2017/18 season, has been named UEFA Player of the Year. FIFA U-17 World Cup Logo for Kochi Venue Kerala Chief Minister launched the host city logo for Kochi, one of the venues of FIFA U-17 World Cup India 2017. The logo represents and reflects Kochi's identity and will be a valuable tool in linking the local community in a global World Cup. The Official Mascot of the FIFA U-17 World Cup India 2017 is a clouded leopard called Kheleo. Jayasuriya steps down Sanath Jayasuriya has step down from the post of the head of selection committee of Sri Lanka Cricket team. MISCELLANEOUS Typhoon Pakhar lands in China Pakhar, the 14th typhoon of the year, landed in the Chinese city Taishan in Guangdong province. Gobindobhog rice gets geographical indication status Gobindobhog rice,a speciality from Burdwan district of West Bengal, has got the geographical indication (GI) status. Burdwan is known as the rice bowl of Bengal. Navigation satellite IRNSS-1H fails after launch: ISRO India‘s first private sector built satellite IRNSS-1H was failed after the launch. It was launched from the Sriharikota spaceport in Andhra Pradesh, Indian Space Research Organisation (ISRO). World’s highest sandcastle built in German city The world‘s highest sandcastle has been created in the German city of Duisburg, standing at 16.68 metres (54.72ft) tall. A German travel operator organised the construction of the mammoth sandcastle, bringing in 3,500 tons of sand over the past three-and-a-half weeks to the site at a former steelworks in the inland city.
IMPORTANT DAYS National Sports Day: 29 August 2017 On 29 August National Sports Day is observed which is the birthday of legendary hockey player Dhyanchand. National Nutrition Week to be observed from 1st to 7th September The National Nutrition Week will be observed throughout the country from 1st to 7th September. The basic objective of this annual event is to intensify awareness generation on the importance of nutrition for health which has an impact on development, productivity, economic growth and ultimately National development. The theme of the National Nutrition Week for 2017 is ―Optimal Infant & Young Child Feeding Practices: Better Child Health‖.
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