DAILY GK 25 SEPT. 2020
1.
GOVT RAISED LIMIT FOR USE OF SDRF FUNDS BY STATES
·
State
Disaster Response Fund (SDRF) for COVID specific infrastructure was increased
from 35% to 50% to help States with more finances at their disposal to fight
the coronavirus.
·
This
was announced during the virtual meeting of Prime Minister Narendra Modi with
Chief Ministers of six states and one Union Territory with high Covid-19
caseload viz. Andhra Pradesh, Maharashtra, Karnataka, Punjab, Tamil Nadu, Uttar
Pradesh and Delhi.
·
State
Disaster Response Fund (SDRF)Constituted
under Section 48 (1) (a) of the Disaster Management Act, 2005, it is the
primary fund available with State Governments for responses to notified
disasters.
2. 4TH WEF’S SUSTAINABLE DEVELOPMENT
IMPACT SUMMIT
·
World
Economic Forum’s fourth and first fully virtual Sustainable Development Impact
Summit 2020 was held under the banner “Realizing a Great Reset for
Sustainable Development” to convene 2100 leaders from government,
business, international organizations and civil society along with experts and
innovators to initiate, accelerate and scale-up entrepreneurial solutions to
tackle climate change and advance sustainable development.
·
The
summit was based on the five themes of Shared Prosperity,
Catalysing cooperation, Better business, Harnessing technology, and Liveable
planet.
·
During
the summit, WEF’s ‘EarthTimeVisualisation’ report was
released which stated that Delhi may have eight months a year with temperature
averaging 32°C by 2100, up from six at present.
3. AAI COMMENCED WORK ON AIRPORT
EXPANSION PROJECT IN MALDIVES
·
Government
of Maldives, the Government of India has decided to support the Hanimaadhoo
International Airport expansion project under the USD 800 million Line of
Credit from EXIM (Export-Import) Bank of India.
·
Airports
Authority of India (AAI) commenced work on the Detailed Project Report (DPR)
for this project which will be prepared in 2 months.
·
It
is one of the largest infrastructure and connectivity projects in northern
Maldives.
4. “SAFEPAY”
FOR CONTACTLESS DEBIT CARD-BASED PAYMENT
·
IDFC
First Bank announced that it will launch SafePay,
a digital facility. It enables contactless debit card payments by waving a
smartphone against a Near Field Communication (NFC)-enabled Point of Sale(POS)
terminal.
·
It
is the 1st such facility which is made available in an
integrated mobile banking app.
·
iii.TheSafePay feature has been successfully
tested and certified by Visa.
5. UDAY KOTAK GETS 1 YEAR EXTENSION AS
THE NON-EXECUTIVE CHAIRMAN OF IL&FS
·
The
Government of India has extended the term of Uday Kotak, the Managing Director
and CEO of Kotak Mahindra Bank as the Chairman of Infrastructure Leasing and
Financial Services (IL&FS) to one more year till October 2021 as
the Non-Executive Chairman of IL&FS.
·
This
is the 2nd extension given to Uday Kotak since his appointment in 2018 as the
chairman of IL&FS to complete the resolution of the company and its group
companies (around 300 companies) which had a debt of more than Rs.90000 crore.
6. 1ST CENTRAL MINISTER TO DIE OF COVID-19
·
Suresh
ChannabasappaAngadi, Union Minister of State for Railways and Bharatiya Janata
Party (BJP)’s Member of Parliament(MP) from Belagavi
constituency of Karnataka passed away at the age of 65 after testing positive
for COVID-19 at the Covid Facility, New Delhi.
·
He
is the first Central Minister to die of Coronavirus. He was born on 1st June
1955 at Belagavi, Karnataka.
7. WORLD MARITIME DAY 2020 – SEPTEMBER 24
·
United
Nations(UNs) World Maritime Day is annually observed by the
International Maritime Organisation (IMO) and its member states on
the last thursday of September to recognise the contribution
of the international maritime industries toward the economy of the world.
·
The
World Maritime Day 2020 falls on 24th September 2020.The theme of
World Maritime Day 2020 is “Sustainable Shipping for a Sustainable
Planet”
