CURRENT AND CORPORATE AFFAIRS : 28th JULY 2020

Current and Corporate Affairs : 28th July 2020

COVID-19

(1.) Govt plans to establish COVID testing facility in every district of the country: Health Minister: – Health Minister Dr Harsh Vardhan has said that the high throughput testing facilities in Noida, Mumbai and Kolkata will be able to test more than test more than ten thousand COVID samples every day. Speaking at the launch ceremony, Dr. Vardhan said that under the guidance of Prime Minister Narendra Modi, India undertook a pre-emptive approach towards containment of COVID-19. He informed that starting from just one testing facility in Pune, Maharashtra only six months ago, the country has now more than 1,300 such testing facilities. The Health Minister said, 97 per cent of the country today has easy access to the testing facility. He said, government has planned to establish COVID testing facility in every district in the country.

NATIONAL NEWS

(1.) RBI Governor Shaktikanta Das highlights five major dynamic shifts in the country: – Reserve Bank of India Governor Shaktikanta Das today reflected on dynamic shifts in the economy that are underway and stated that these will shape the future of the economy. The RBI Governor was addressing members of the Confederation of Indian Industry (CII) National Council through video conferencing today. The RBI Governor while highlighting five major dynamic shifts in the country which needed to be converted into structural transformations said that Indian industry will play a pivotal role and bring silent revolution in coming days. He said the five areas including the farm sector, renewable energy, ICT, global value chains and infrastructure will act as force multipliers and will lead to sizable benefits for the economy

(2.) 47 Chinese clone Apps banned in the country: –Government has banned 47 more Chinese apps. Earlier, it had banned 59 China-based apps on the grounds of national security and data privacy. Official sources said these 47 apps are clones of the previously banned Chinese apps.

(3.) Central Govt employees retiring during COVID-19
pandemic will get ‘provisional pension’
Dr Jitendra Singh: Central Government employees retiring during COVID19 pandemic will be receiving provisional pension till their regular Pension Payment Order (PPO) is issued and other official formalities completed. This was stated by Minister of State for Personnel, Public Grievances and Pensions Dr Jitendra Singh. He said, because of the disruption in the official work due to pandemic and lockdown, some of the employees who had retired during this period may not have been provided with PPO.
He said, a decision is taken that in order to avoid a delay in the start of regular pension, the rules may be relaxed to enable seamless payment of Provisional Pension and Provisional Gratuity till the regular PPO is issued.
The payment of Provisional Pension will initially continue for a period of six months from the date of retirement and the period of Provisional Pension may be further extended up to one year in exceptional cases.

(4.) PM Modi to address Grand Finale of world’s largest ever online hackathon on August 1: – Prime Minister Narendra Modi will address the Grand Finale of the largest ever online hackathon in the world on 1st of next month through video-conference. Announcing this today, Human Resource Minister Ramesh Pokhriyal Nishank said that the Grand Finale of Smart India Hackathon-2020 (Software) will be held till 3rd of August. Mr. Nishank chaired a high-level meeting on Smart India Hackathon (SIH) and discussed achievements of the already conducted hackathons. He said that considering the COVID-19 pandemic, the Grand Finale for SIH-2020 will be organized online by connecting all the participants throughout the nation together over a speciallybuilt advanced platform.
This year, over ten thousand students will be competing to solve 243 problem statements from 37 Central Government departments, 17 State Governments and 20 industries during the online Grand Finale.

(5.) First batch of Rafale jets leave from France; to be inducted in Indian Air Force on 29th July: – The first batch of five Rafale jets flew out of France and will arrive in India on Wednesday. The fighter jets will officially be inducted and join the Indian Air Force fleet in Haryana’s Ambala on July 29th. The fighter jets, built by French aviation firm Dassault, took off from the Merignac airbase in southern France’s Bordeaux. The five aircraft will be the first tranche of the 36 planes bought by India from France in a Rs. 59,000 crore intergovernmental deal in 2016. The Rafale aircraft will cover a distance of nearly 7,000 km from France to India with air-to-air refuelling and a single stop at a French airbase in the United Arab Emirates (UAE). Indian Embassy in France in a statement said, Delivery of ten aircraft has been completed on schedule but Five will stay back in France for training Mission. The delivery of all 36 aircraft will be completed on schedule by the end of 2021.


STATE NEWS

(1.) GPCB to enhance its biomedical waste facilities in view of COVID-19 pandemic: – Gujarat Pollution Control Board, GPCB has decided to enhance its biomedical waste facilities in view of COVID 19 pandemic. Gujarat Pollution Control Board is facilitating the processing of over 33 tonnes of biomedical wastes on a daily basis across the state during this pandemic. It includes nearly 20 tonnes of COVID-19 wastesA senior official from GPCB told that Ahmedabad has reported the highest number of COVID cases in the state and also the highest amount of COVID waste is generated from Ahmedabad, so the board has decided to double the waste processing capacity of Ahmedabad and Mahesana Common Treatment plant. At present, both the plant have the capacity to treat biomedical waste up to 24 tonnes which will be enhanced to 51 tonnes in the coming days. He said that at present the state holds the capacity of processing biomedical waste up to tone 73 tonnes on a daily basis.

(2.) Rajasthan Governor returns proposal of State Cabinet to convene Special Session of Legislative Assembly: – In Rajasthan, Governor Kalraj Mishra has returned the proposal of the State Cabinet to convene a Special Session of the Legislative Assembly with three points of consultation. This is the second time in one week when the Governor has returned the government’s proposal to convene the Assembly Session. In a statement issued by Raj Bhavan, it has been stated that the State Cabinet had sent a proposal to the Governor on the night of July 25th to call the Assembly Session from 31st of July. The Governor sought legal opinion on the proposal. In his statement, Mr. Mishra said that the State Government’s statement in the print and electronic media makes it clear that the government wants to move a confidence motion in the house, but it was not mentioned in the proposal.


INTERNATIONAL NEWS

(1.) Bangladesh receives 10 Broad Gauge locomotives from India: – Bangladesh received 10 broad-gauge locomotives from India on Monday. In an online handing over ceremony, the locomotives were flagged off from Gede station in India by the External Affairs Minister, Dr. S. Jaishankar and the Minister of Railways and Commerce & Industry Piyush Goyal. The event was also attended by the Minister of State for Railways Angadi Suresh. From the Bangladesh side Minister of Railway, Md. Nurul Islam Sujan and Minister of Foreign Affairs, Dr A.K. Abdul Momen received the locomotives on behalf of the Government of Bangladesh. The locomotives arrived at the Darshana station of Bangladesh after being flagged off at the Gede railway station on the Indian side. The locomotives have been modified to suit the requirement of Bangladesh railways. These locomotives will help handle the increasing volume of passenger and freight train operations in Bangladesh.

CORPORATE AFFAIRS AS ON 28th JULY 2020

Ministry of Chemicals and Fertilizers

Shri Sadananda Goda launches Schemes and announces guidelines paving way for setting up of Bulk Drugs Parks & Medical Devices Parks in the country

Source : CLICK HERE

Ministry of Commerce & Industry

Single window system to be set up soon for industrial clearances and approval.

Source : CLICK HERE

Ministry of Electronics & IT

6940 Entries received for AatmaNirbhar Bharat App Innovation Challenge

Source : CLICK HERE

Ministry of Finance

Clarification on FRDI Bill. No decision taken to reintroduce the FRDI Bill

Source : CLICK HERE

DGGI books 3 firms for Tax evasion of more than Rs 600 Crore

Source : CLICK HERE

Ministry of Labour & Employment

EPFO updates KYC for 73.58 lakh subscribers during AprilJune 2020

Source : CLICK HERE

SEBI PRESS RELEASE/CIRCULARS

  1. Relaxations relating to procedural matters – Takeover and Buy-back. Source: – CLICK HERE

2. Informal guidance request of Sundae Capital Advisors Private Ltd under SEBI (Merchant Bankers) Regulations, 1992 Source: – CLICK HERE

  1. Public notice in respect of SEBI-Settlement Scheme 2020. Source: – CLICK HERE
  1. Adjudication Order In respect of:Sudha Balkrishna OzaIn the matter of Sterling International Enterprises Ltd. Source: CLICK HERE

Thanks for Reading Current and Corporate Affairs : 25th July 2020

Compiled By : CS Surbhi Saxena

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