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NATIONAL AFFAIRS

Task Force formulated to examine matters pertaining to age of motherhood, and related issues; headed by Ms. Jaya Jaitly

The Task Force will be provided secretarial assistance by the NITI (National Institution for Transforming India) Aayog and will submit its report by 31st July, 2020.

About NITI Aayog:
Formulation– 2015
Chairperson– Narendra Modi
Chief Executive Officer (CEO)– Amitabh Kant
Headquarter– New Delhi




CSIR and Atal Innovation Mission sign a Letter of Intent to foster Innovation in India

This partnership will support world class start-ups through CSIR Incubators under AIM initiatives and jointly work on new models of innovation, including setting up of CSIR Innovation Parks.

About CSIR:
Headquarter– New Delhi
President– Prime Minister of India i.e. Narendra Modi
About AIM:
It was mooted by a Think Tank at the Niti Aayog, and approved by the Cabinet on Feb 24th 2016. 
Mission Director– Anil Sahasrabudhe


“Healthy and Energy Efficient Buildings” Initiative by the EESL and USAID

The Energy Efficiency Services Limited (EESL) and the U.S. Agency for International Development’s (USAID) to launch the “Healthy and Energy Efficient Buildings” under the Market Integration and Transformation Program for Energy Efficiency (MAITREE) program. 



BANKING & FINANCE

American DFC to invest $350 million in India firms

The US International Development Finance Corporation (USIDFC) is planning to invest 350 million USD in sectors of finance, health infrastructure, renewable energy and food security in India.


NABARD provides Rs 270 crore Special Liquidity Facility to Assam Gramin Vikash Bank

About NABARD:
Headquarters– Mumbai, Maharashtra
Chairman– Govinda Rajulu Chintala


APPOINTMENTS & RESIGNATIONS      

UNADAP appoints 13 year old Madurai girl Nethra as ‘Goodwill Ambassador to the Poor’ 

The United Nations Association for Development And Peace(UNADAP) appointed 13 year old Madurai girl Nethra as its ‘Goodwill Ambassador to the Poor’ as she persuaded her father C. Mohan, a salon owner who spent his savings Rs 5 lakhs for his daughter’s education. Also, helping with essentials to nearly 1,500 families despite his salon being closed for 2months as part of COVID-19 lockdown with no other income during the period.


ACQUISITIONS & MERGERS        

US private equity firm Silver lake to invest ₹4,546.80 cr for 0.93% additional stake in Jio platforms

The US(United States) private equity company Silver Lake partners announced an investment of Rs 4,546.80 crore for an additional 0.93 % stake in Jio Platforms, a subsidiary of Asia’s richest man Mukesh Ambani-controlled Reliance Industries Ltd (RIL).

About Silver Lake partners:
Headquarters– California, United States
Co-CEO and Managing Partner– Egon Durban 
About Reliance Industries Ltd:
Headquarters– Mumbai, Maharashtra
Chairman and MD– Mukesh Ambani



SCIENCE & TECHNOLOGY

MoU between ISRO and ARIES for cooperation in Space Situational Awareness, Astrophysics

for the cooperation in the Field of Space Situational Awareness(SSA) and Astrophysic, The Indian Space Research Organization(ISRO), Bengaluru signed a Memorandum of Understanding with the Aryabhatta Research institute of Observational Science(ARIES)

About ISRO:
Chairman– Dr. K. Sivan
Formed– 1969
About ARIES:
The observatory was established on 20th April 1954 and reincarnated as Aryabhatta Research institute of Observational Science(ARIES) 22nd March 2004.
Chairman– Indranil Chattopadhyay
Located– Nainital


BOOKS & AUTHORS

Ramesh Pokhriyal Nishank launches information booklet “Safe online learning in the times of COVID-19” digitally to raise awareness

The booklet is developed by The National Council of Educational Research and Training(NCERT) and United Nations Educational, Scientific and Cultural Organization(UNESCO) New Delhi Office.
About NCERT:
Headquarters– New Delhi 
Director– Hrushikesh Senapaty



STATE NEWS

Andhra  Pradesh Chief Minister YS Jagan Mohan Reddy launches India’s 1st online waste management platform