JUNE 26,2019

NATIONAL NEWS

NITI Ayog Health Index

• NITI Ayog released the second edition of Health Index.

• The Index ranks the States and Union territories based on 23 Health-related indicators, including neonatal Mortality rate, under five Mortality rate, proportion of low birth weight among new born, proportion of distribution with cardiac cause unit, full immunization coverage and proportions of specialist positions vacant at district hospital.

• The report stated that only about half the states and Union territories showed an improvement in the overall score between 2015-2016 (base year) and 2017-2018 (reference year).

• Kerala is the best performing state and U.P is least performing state.

• Only three states- Rajasthan, Jharkand and Chattishgarh showed improvement in the overall performance.

• Top five  - Kerala, Andhra Pradesh, Maharastra, Gujarat, Punjab.

• Bottom five- Uttar pradesh, Bihar, odisha, Madhya Pradesh, Uttrakhand.

Government will beat 2022 target set under PMAY(u)

• The government's target of constructing one crore houses by 2022 under the Pradhan Mantri Awas Yojana (urban) could be completed by the end of 2020, Union housing and urban affairs ministry of state (independent charge) Hardeep sing puri.

• The 1.26 lakh crore committed  for the scheme, 52, 113 crore had been released so far, and the economically weaker section can get 1.5 lakh for the construction of homes.
  

• The scheme also includes in Institute of Slum Redevelopment and Credit Linked subsidies.

Aayushman Bharat Scheme

• Uttarakhand Hospitals to be penalised over Rs 1 crore for irregularities in Ayushman Bharat scheme.

• Uttarkhand'S Atal Ayushman Bharat yojana (AAUY) Scheme, run under Ayushman Bharat, has allegedly been riddled with irregularities.

STATE NEWS

Credit Access Grameen to start 'Save water' campaign

• Bengaluru Headquatered Credit Access Grameen, a Non Banking Micro- finance institution which focuses on providing credit to the needy for the toilet construction and water connection distributed over 11.26 lakh loans its inception.

ECONOMIC AND FINANCE

RBI panel wants Rs 5 crore stressed fund for MSMEs

• Reserve Bank of India(RBI) committee has recommeded doubling collateral-free loans for Micro, small and medium enterprises (MSMEs), self help groups and borrowers falling under the pradhan Mantri  Mudra Yojana to 20 lakh.

• The Eight Member panel, headed by former securities and Exchange of India chairman U K Sinha, has also suggested creating a stressed asset fund of Rs 500 crore to protect the sector from distress caused by external circumstances.

Panel Pescription

• Government -sponsered fund of Rs 10,000 crore to support venture capital and private equity firms investing in MSME sector.

• Comprehensive code to incorporate plethro of complex laws

• More MSE facilitation councils 

• PAN as Unique Enterpriser Indentifier

• Creation of loan service providers for borrowers

• SIDBI to play a proactive role in developing the sector. 

Bank's Non - performing assets  may dip to 8% of advances by March 2020 says crisil

• Higher recoveries and a slow down in new bad loans are likely to reduce bank assets (NPA) to nearly 8% percent of their advances by March 2020.

Tech Mahindra deploys HR Humanoid K2 in Noida SEZ

• Tech Mahindra the first Human Resources (HR) Humanoid for its Noida special Economic Zone campus. K2 will take over routine HR transactions and create an enhanced employee experience.

• Its first Humanoid was introduced in its Hyderabad campus, earlier this month.

MERGER

Capgemini to acquire Altran for $4.1 billion

• Capgemini SE acquire Altran Technologies SA in a $ 4.1 billion deal in order to win more tech clients and keep up with rivals.

• Paris based Capgemini is looking to maintain its position as a major IT consultancy in a consolidating industry.

APPOINTMENT

K Natarajan to be the new Director general of Indian coast Guard

• Krishna Swamy Natarajan has been appointed as the next director general of Indian of Coast Guard. He will replace the incumbent Rajendra Singh who is retiring after three and a half year of illustrious service. K. Natarajan joined the coast Guard on January 18, 1984 and holds a Masters Degree

• in Defence and Strategic Studies from Madras University.

OBITUARY

Goa freedom fighter from Goa and Padmashri Winner Mohan Ranade passes away after a prolonged illness.

• Ranade was a member of the Azad Gomantak Dal, a group of revolutionies who believe in the doctrine of armed attacks against the Portuguese colonial rule and participate in ambushes on several Portuguese installations in Goa.

IMPORTANT DAYS

International Day Against Drug Abuse and illicit Trafficking -June 26 

• The International  Nations observes June 26 as the International Day against Drug Abuse and illicit Trafficking. The day is celebrated by the Untied Nations as a n expression of its determination to strengthen action and cooperation to achieve the goal of an international society free of drug abuse.

• Theme: Health for Justice, Justice for Health.