Current Affairs – September, 2019

Latest Current Affairs September, 2019 with Current Affairs, news summary on current events of National and International importance of September, 2019 for UPSC Civil Services, Banking, SSC, CLAT, State PCS, IBPS, Railways and other Competitive Examinations.

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Centre to introduce rating system for SMEs for easy loans

Centre is considering a proposal to introduce a rating system for small and medium enterprises (SME) to help them get credit easily. The announcement in this regard was Union Minister for Road Transport and Highways (MoRTH) Nitin Gadkari while addressing women entrepreneurs in Chennai.

Key Highlights

Need: The Central government is making all efforts to reduce finance costs and power price to SME industry so as to help them tackle the prevailing sense of gloomy industrial scenario. This dull industrial scenario is due to the business cycle, demand and supply issues and a global downtrend.

Steps Taken: With the Central Government fixing a target of generating 5 crore more jobs in MSME sector in the next 5 year, the Centre is in the process of introducing a national portal for Micro, Small and Medium Enterprises (MSMEs) to market their products easily.

India lift SAFF U-18 Championship title for first time

India won the SAFF Under-18 football Championship by defeating Bangladesh by 2-1 in final held in Kathmandu, Nepal. This is India’s maiden SAFF U-18 trophy.

Key Highlights

Background: In 2015 football tournament India remained runners up and in 2017 India finished 3rd. The 2019 Host country Nepal had lifted earlier two editions of the Championship but could not qualify for semi finals this time.

Match Highlights: India played aggressively from the beginning of the match and Vikram Pratap Singh did not take much time to hand India a 1-0 lead.  Singh scored in 2nd minute of the game. Then before the conclusion of 1st half, Bangladesh’s Yeasin managed to score an equaliser in 40th minute which brought the scoreline to 1-1. In 2nd half, both the teams gave each other tough competition and restricted each other from scoring a goal. However, within 1st minute of injury time, Ravi Bahadur Rana scored 2nd and decisive goal for India to lift the third edition of tournament.

Most Valuable Player of Championship: Ninthoinganba Meetei of India

SAFF U-18 Championship

It is a football championship for male footballers under the age of 18. It is organized by South Asian Football Federation (SAFF). The championship was held for first time in August 2015 in Nepal.

  • Number of Participant teams- 8
  • Most successful team(s)- Nepal (2nd titles)