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PLUTUS IAS ​ 1.PM Modi to Launch Financing Facility of 1 Lakh Cr Tomorrow

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PLUTUS IAS ​ 1.PM Modi to Launch Financing Facility of 1 Lakh Cr Tomorrow CLICK ON - PLUTUS IAS ​ 1.PM Modi to launch financing facility of 1 lakh cr tomorrow. ● Prime Minister Narendra Modi will launch a financing facility of 1 lakh crore under Agriculture Infrastructure Fund tomorrow through video conferencing. ● Govt in July had approved the setting up of an agri-infra fund with a corpus of 1 lakh crore to extend subsidised credit for farm infrastructure projects.The agri-infra fund was part of the over 20 lakh crore stimulus package announced in response to the COVID-19 crisis. ● The Agriculture Infrastructure Fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility. ● The move aimedPLUTUS to boost private investment and generateIAS more jo bs in rural areas. ● Under this, about 1 lakh crore will be provided by banks and financial institutions as loans to primary agri credit societies, farmer groups, farmer producer organisations (FPOs), agri-entrepreneurs, start-ups and agri-tech players. ● Loans will be disbursed in four years starting with sanction of 10,000 crore in the current year and 30,000 crore each in the next three financial years. ● PM will also release the 6th installment of 17,000 crores fund to 8.5 crores farmers under PM-KISAN scheme. Join Telegram Group https://t.me/studymaterialofexam 2.Mauritius declares environmental emergency after oil spill. ● Mauritius has declared a “state of environmental emergency” after a Japanese-owned ship MV Wakashio that ran aground offshore days ago began spilling tons of fuel. ● Mauritius has said the ship was carrying nearly 4,000 tons of fuel and cracks have appeared in its hull. Twenty crew members were evacuated safely from the ship when it ran aground on July 25. ● Online ship trackers showed the Panama-flagged bulk carrier had been en route from China to Brazil. IAS ● French embassy in Mauritius said a military aircraft from the nearby French Indian Ocean island of Reunion would make two rotations over the disaster area with pollution control equipment. 3.Gujarat announces Industrial Policy 2020. PLUTUS ● Gujarat Chief Minister Vijay Rupani announced State’s Industrial Policy 2020 the earlier policy of 2015 had ended on December 31 last year and was further extended up to the date of release of new policy. ● It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. Join Telegram Group https://t.me/studymaterialofexam ● The new policy will help lease out government land to industrialists, provide incentives to private industrial parks and provide “relocation incentives” to units looking to relocate especially from China. ● Now, up to 12 percent of fixed capital investment (FCI) will be given to large industries for setting up manufacturing operations in the state in the form of capital subsidy. ● In order to encourage more MSMEs to use rooftop solar power, the government will pay 50 paise more to every unit of solar power bought from MSMEs. ● The new policy has decided to provide government land to industries on long term lease of up to 50 years. This lease will be six per cent of the market rate. 4.Delhi Electric Vehicle Policy. IAS ● Chief Minister Arvind Kejriwal on Friday launched the Delhi Electric Vehicle Policy. ● The government will waive registration fee and road tax, and provide incentive of up to ?1.5 lakh for new electric cars in the national capital. ● Under the policy, the Delhi government will give an incentive of up to 30,000 for electric two-wheelers, autos, e-rickshaws and freight vehicles. ● The Delhi government wants electric vehicles to comprise 25% of the newly registered vehicles across the city by 2024, compared to only 0.2% at present. ● Govt. The targetPLUTUS is to create 200 charging stations in the next one year in the city and aims to have a charging station every 3km. ● The policy would be reviewed after three years and, if required, changes will be made. ● Also going to give a scrapping incentive for those wanting to exchange their petrol or diesel-run vehicles. 5.1st ‘Kisan Rail’ for perishables flagged off. Join Telegram Group https://t.me/studymaterialofexam ● The first ‘Kisan Rail’ train for transportation of perishable goods with refrigerated coaches to assist farmers aimed at ensuring a fast transportation of agricultural produce across the country was flagged off on Friday from Deolali in Maharashtra to Danapur in Bihar. ● Indian Railways aims to help double farmers’ income with the launch of Kisan Rail. This train will help in bringing perishable agricultural products like vegetables, fruits to the market in a short period of time. ● The train with frozen containers is expected to build a seamless national cold supply chain for perishables, inclusive of fish, meat IASand milk. ● It is expected to reduce transportation costs by Rs 1000 per tonne compared with roadways and reduce travel time by around 15 hours. ● The train will operate from Deolali to Danapur.This is a weekly service which will run every Friday from Deolali, and return on Sunday from Danapur. ● The Centre had announced plans of starting special parcel trains called ‘Kisan Rail’ in the Budget this financial year. ● The train was flagged off via video conferencing by union agriculture minister Narendra Singh Tomar and railway minister Piyush Goyal. QUESTIONS India’s 1st Kisan Rail wasPLUTUS flagged off by railway minister PiyushGoyal& Agriculture minister Narendra Singh Tomar recently. The 1st Kisan rail ran from Maharashtra to which state? 1) Gujarat 2) Goa 3) West Bengal 4) Bihar 5) Karnataka Answer & Explanation Answer-4) Bihar Explanation: Join Telegram Group https://t.me/studymaterialofexam PiyushGoyal, Union Minister of Railways and Narendra Singh Tomar, Union Minister of Agriculture & Farmers Welfare flagged off the India’s 1st Kisan Rail, a Special Parcel Train from Maharashtra’s Devlali to Bihar’s Danapur Railway station through video link. This is the 1st ever multi commodity train of Indian Railways(IR) that carries fruits like Pomegranate, Banana, Grapes etc and vegetables like Capsicum, Cauliflower etc. The train will run on a weekly basis. PM Narendra Modi addressed Conclave on Transformational Reforms in Higher Education under National Education Policy (NEP) organized by which ministry? 1) Ministry of Home Affairs 2) Ministry of Education 3) Ministry of Tribal Affairs 4) Ministry of Commerce and Industry 5) Ministry of Coal Answer & Explanation Answer-2) Ministry of Education Explanation: Prime Minister Narendra Modi delivered the inaugural address at the Conclave on Transformational Reforms in Higher Education under NationalIAS Education Policy(NEP) organized by the Ministry of Education in association with University Grants Commission(UGC) over a virtual platform and discussed various aspects of NEP 2020, which replaces the National Policy on Education framed in 1986 with academicians and scientists. Name the coastal village which is/are 1st in Indian Ocean Region termed as ‘tsunami ready’ by the United Nations Educational, Scientific and Cultural Organisation (UNESCO). 1) Venkat Raipur 2) Nolia Sahi 3) Malappuram 4) Both 1) and 2) 5) Both 1) and 3) Answer & Explanation PLUTUS Answer-4) Both 1) and 2) Explanation: Pradeep Kumar Jena, Additional Chief Secretary announced that the United Nations Educational, Scientific and Cultural Organisation (UNESCO) recognises the two coastal villages of Odisha as “Tsunami Ready” for their overall preparedness to face the tsunami. Odisha became the first state in India and India became the first country in the Indian Ocean Region to achieve this status of “Tsunami ready” from the Intergovernmental Oceanographic Commission (IOC) of UNESCO. The two villages are Venkatraipur (Boxipalli) village of Rangeilunda block in Ganjam district &Noliasahi village of Ersama block in Jagatsinghpur district. Join Telegram Group https://t.me/studymaterialofexam Which organization collaborated with Simplilearn to upskill professionals in digital skills? 1) National Skill Development Corporation 2) National Skill Enhancement Agency 3) Industrial training institute 4) Tata STRIVE Extension Centre 5) Skill Development and Entrepreneurship Agency Answer & Explanation Answer-1) National Skill Development Corporation Explanation: In order to support the continuity of digital skilling of the Indian workforce, Simplilearn, a global provider of digital skills training joined hands with National Skill Development Corporation (NSDC). Under this collaboration, Simplilearn will host more than 1,000 hours of free learning in digital skills and technologies for learners across India under the categories of AI and Machine Learning, Big Data, Data Science & Business Intelligence, Cyber Security, Software Development, Project management, and Digital marketing. This partnership is aligned to the Skill India Mission. Which is 1st state in India to partner with Google India to proIASvide learning tools for schools? 1) Punjab 2) Maharashtra 3) Haryana 4) Odisha 5) Kerala Answer & Explanation Answer-2) Maharashtra Explanation: Chief Minister of Maharashtra, Uddhav Thackeray announced the partnership with Google which will provide google provided learning programmes that integrate the classroom approach into online learning, over a virtual launch event. Maharashtra became the first state inPLUTUS India to collaborate with Google India for state-wide distribution of G suite for Education and Google Classroom. The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 recently. Who is the chairperson of IBBI? 1) Tapan Roy 2) UshaThorat 3) M S Sahoo 4) A S Mehta 5) Amitabh Kant Answer & Explanation Join Telegram Group https://t.me/studymaterialofexam Answer-3) M S Sahoo Explanation: In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 by the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020.MS Sahoo is the chairperson of IBBI.
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