Current Affairs Daily Digest: January 19, 2017

The Current Affairs Daily Digest for January 19, 2017 with important tid-bits on current affairs.

National Current Affairs

AAI receives 45 initial bids under Regional Connectivity Scheme

The Airports Authority of India (AAI) has received 45 initial bids from 11 parties to fly routes under the Regional Connectivity Scheme (RCS) launched by the Union Ministry of Civil Aviation. The initial bid proposals covers more than 200 routes and as many as 65 airports, 52 of them not served by any airline and 13 under-served airports. Now, Government has invited counter-bids against these initial proposals. Read more

Government launches ShaGun portal to monitor Sarva Shiksha Abhiyan

The Union Government launched a dedicated web portal ShaGun ( for monitoring the progress of Sarva Shiksha Abhiyan (SSA). The portal was developed by World Bank in collaboration with Union Ministry of Human Resource Development. Its name has been derived from the words Shala (means schools) and Gun (i.e. Gunvatta meaning Quality). Read more

Cabinet approves MoU between India and Russia on cooperation on Youth matters

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Cabinet approves MoU between India and UAE on Institutional Cooperation in Maritime Transport

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Cabinet approves MOU between India and UAE for cooperation in SMEs and Innovation

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Cabinet approves MoU between India and Vietnam In the field of cyber security

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Cabinet approves MoU between India and Serbia for cooperation in IT and Electronics

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Environment, Science and Technology Current Affairs

Scientists names 3 diseases that could cause next global health emergency

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World’s primates facing extinction crisis

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Moth species named after Donald Trump

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Banking, Economy & Business Current Affairs

Cabinet approves to augment CGTMSE for supporting MSEs

The Union Cabinet has approved package for augmentation of the Corpus of Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) for supporting Micro and Small Enterprises (MSEs). With this, the corpus of the Trust has been increased from Rs. 2,500 crore to Rs. 7,500 crore and it will be fully funded by the Union Government. Read more

Cabinet approves amendment in Modified Special Incentive Package Scheme

The Union Cabinet has given its approval for amendment in the Modified Special Incentive Package Scheme (M-SIPS) for electronics manufacturing. These modifications will further incentivize investments in electronic sector and move towards Union Government’s goal of ‘Net Zero imports’ in electronics by 2020. Read more

CCEA approves listing of five general insurance PSUs at the stock exchanges

The Cabinet Committee on Economic Affairs (CCEA) has given its ‘in principle’ approval for listing the five Public Sector General Insurance Companies (2016-17) owned General Insurance Companies in the stock exchanges. They are New India Assurance Company Ltd, United India Insurance Company Ltd, Oriental Insurance Company Ltd, National Insurance Company Ltd and General Insurance Corporation of India. Read more

Bengaluru ranked world’s most dynamic city: JLL Index

According to recently released annual by Jones Lang LaSalle’s City Momentum Index (CMI), Bengaluru (capital of Karnatak) has emerged as the most dynamic city in the world. The index tracks the speed of change of a city’s economy and commercial real estate market. Read more

PMGKY not applicable for non-cash income

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RBI to increase focus on IT and cyber security

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CCEA approves Alternative Mechanism for deciding minority stake sale in CPSEs

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