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Narendra Modi announced a new campaign "Start-up India Stand up India"

Prime Minister Narendra Modi announced a new campaign 'Start-up India; Stand up India' to promote bank financing for start-ups and offer incentives to boost entrepreneurship and job creation.PM Modi also promised to do away with the current practice of interview-based selections for low-skilled government jobs.The Prime Minister announced the 'Start-Up India' initiative, which would encourage entrepreneurship among the youth of India.
From the Red Fort, he said each of the 1.25 lakh bank branches should encourage at least one Dalit or Adivasi entrepreneur and at least one woman entrepreneur.
As part of the Skill India and Digital India initiative, the Prime Minister said a package of incentives will be given to manufacturing units for generating jobs.

Modi also questioned the practice of "interviews" for recruitments even at relatively junior levels and asked departments concerned to end this practice at the earliest and promote merit by recruiting only through transparent, online processes.The Prime Minister reiterated his government's resolve to make India a developed nation by 2022, with a house and access to basic services like electricity to all.Talking about the financial inclusive programme Jan Dhan, he said 17 crore bank accounts were opened. Although these were to be zero-balance accounts, people deposited a whopping Rs 20,000 crore in them, reflecting the "richness of India's poor", he added.

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Boxing Coach Swatantra Raj Singh recommended for Dronacharya award.

Boxing Coach Swatantra Raj Singh has been recommended for the prestigious life time achievement Dronacharya award 2015. Along with Singh, Nihar Amin (Swimming) and Harbans Singh (Athletics) also have been chosen for this year’s Dronacharya award.

Their names were finalised by the award selection committee meeting presided by former Olympic Badminton Player Dipankar Bhattacharya and comprised of Woman Swimmer Bula Chaudhry and Woman Athlete Chaini Wilson.
 About Dronacharya Award 
The award is bestowed on person in recognition of his excellence in sports coaching.
Established in 1985 and named after Dronacharya who was the teacher of Arjuna (a protagonist of the Mahabharata along with Krishna).The award is presented by the Union Ministry of Youth Affairs and Sports.
Award caries:
A bronze statuette of Dronacharya, a scroll of honour and a cash component of five lakh rupees.It should be noted that O.M. Nambiar (Athletics), Om Prakash Bhardwaj (Boxing) and Bhalchandra Bhaskar Bhagwat (Wrestling) were the first recipients of this prestigious award. 
I Fernandez (Boxing) from Cuba is the first foreign coach to be awarded Dronacharya Award in 2012.

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Rajiv Gandhi Khel Ratna Award declared.

                                                    

Sania Mirza was recommended by the selection panel for the prestigious Rajiv Gandhi Khel Ratna Award.Sania Mirza became only the second tennis player to be recommended for the prestigious Rajiv Gandhi Khel Ratna, while star cricketer Rohit Sharma and ace shooter Jitu Rai were among the 17 sportspersons picked for this year's Arjuna awards.

The list of sportspersons recommended for Arjuna awards: P R Sreejesh (hockey), Dipa Karmakar (gymnastics), Jitu Rai (shooting), Sandeep Kumar (archery), Mandeep Jangra (boxing), Babita (wrestling), Bajrang (wrestling), Rohit Sharma (cricket), K Srikanth (badminton), Swarn Singh Virk (rowing), Satish Sivalingam (weightlifting), Santhoi Devi (wushu), Sharath Gaekwad (para-sailing), M R Poovamma (athletics), Manjeet Chhillar (kabaddi), Abhilasha Mhatre (kabaddi), Anup Kumar Yama (rollerskating).

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Super Typhoon Soudelor in China

                                               

Heavy downpours have caused mudslides and cave-ins led to several house collapses, affecting over 2 lakh people after Soudelor, called the biggest typhoon of the year earlier in the week with winds of up to 230 kilometres an hour, made a landfall in the Chinese coast on Saturday night.
The nine dead and three missing people may have been washed away by floods or buried under the collapsed houses in Wenzhou City in Zhejiang Province, state-run Xinhua news agency reported, citing local flood control and drought relief officials.After pounding Taiwan where it claimed six lives and injured 102 people, Soudelor made a landfall in Fujian Province and moved from there to neighbouring Zhejiang and Jiangxi provinces and has weakened.
In Wencheng county, under the jurisdiction of Wenzhou, precipitation within 24 hours hit 645 mm, the heaviest in a hundred years, officials said. A total of 2,21,900 people were affected in Wenzhou, with a direct economic loss of 248 million yuan ($40 million).

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ICICI Bank has launched its ‘Saral-Rural Housing Loan.

                                

ICICI Bank today announced a new home loan proposition, ‘ICICI Bank Saral-Rural Housing Loan’, with a special interest rate. Applicants from rural areas including women borrowers as well as seekers from weaker sections can now avail home loans at the ICICI Bank Base Rate (“I-Base”) which is currently at 9.70%. An eligible borrower can take up to Rs.15 lac under the ‘ICICI Bank Saral-Rural Housing Loan’.Mr. Rajiv Sabharwal, Executive Director, ICICI Bank said, “ICICI Bank is committed to support the socio-economic development of a larger section of the society. We believe that ‘ICICI Bank Saral-Rural Housing Loan’ will empower customers including women borrowers in the rural locations to realize the dream of owning a home at an affordable interest rate.” The customers can avail the loan to purchase or construct or renovate a home in rural areas.

About ICICI Bank Ltd:

ICICI Bank Ltd is India's largest private sector bank with consolidated total assets of US $ 132.17 billion at March 31, 2015. ICICI Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank's presence currently spans 17 countries, including India.

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Tatas to increase AirAsia India stake to 41%.

In a significant move,TATA Sons will hike its stake to 41.06 per cent in low cost carrier AirAsia India.The airline, which is facing stiff competition, is also set for top management reshuffle with CEO Mittu Chandilya expected to be elevated as Managing Director,in addition to his current responsibility.“We are in the process of subscribing to the capital of AirAsia India which will take up our stake to 41.06 per cent from the current 30 per cent,” a Tata Sons spokesperson said.
While specific details could not be immediately ascertained, Tata Sons is likely to acquire the additional stake from Arun Bhatia’s Telestra Tradeplace, which currently holds 21 per cent stake in AirAsia India.The no-frills carrier is a three-way joint venture in which Malaysia’s AirAsia Berhard owns 49 per cent.AirAsia India is expected to soon effect its first management revamp, since commencing operations in June last year.
The incumbent CFO Vijay Gopalan has already put in papers.“Our CFO, Vijay Gopalan has decided to resign for personal reasons.... We through our board of directors are already in the process of identifying a suitable replacement for this critical position,” the airline said in a statement yesterday.

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Axis Bank launched the First Multi-Currency Contactless Card service in India

                                                

India’s third largest private sector lender, Axis Bank has launched the first Contactless Debit, Credit and Multi-Currency Forex Card in association with VISA payWave in the country. Axis Bank will offer a contactless debit/credit cards to its 1.7 million premium customers which also enables withdrawal of 15 currencies via Multi-Currency Forex facility. To facilitate contactless cards operations bank will upgrade 50,000, of its point of sale (PoS) machines across the country.

 How does Axix Bank’s Contactless Card works? 
Axis Bank Contactless cards contain a chip and an antenna (based on radio frequency) that facilitates seamless, faster and hassle free payments.The customer has to enter the purchase amount in the contactless PoS terminal and then simply has to tap the card on the terminal to complete his/her payment wirelessly and in a secure manner.The bank has introduced this card in line with RBI’s guidelines of promoting PIN-less small ticket transactions and to provide service to its customers with the global standards.

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New program of EPFO Nidhi Aapke Nikat.

                                                   

The Nidhi Aapke Nikat, a public outreach programme was launched by Employees’ Provident Fund Organisation (EPFO)  on 10th July 2015. The details and salient features of the programme are:-
•It is a public outreach programme. 
•It is proposed to be held on 10th of the month and on the next working day if the 10th happens to be a holiday.
•It is held in all the 122 field offices of EPFO across the country and is to be presided over by the Officer-in-charge.
•Various new initiatives in the interest of employees/employers taken by EPFO are explained during the programme.
•It is an endeavour by EPFO to bring together all its different stakeholders on a common platform. 
•It encourages employees and employers to give their suggestions and feedback regarding the different issues affecting EPFO besides redressing grievances. 
EPFO has been consistently improving its service delivery using a number of Information Technology (IT) initiatives.  As a result, the number of grievances received annually has considerably come down.  While 2,74,976 grievances were received in 2011-12, this has reduced by 32.91 per cent to 1,84,480 in 2014-15.
             ‘Nidhi Aapke Nikat’ not only adopts participatory and broad based approach in dealing with its stakeholders, but also disseminates information regarding the new initiatives taken in the interest of stakeholders.  Such measures in due course bring about greater public awareness of the rights and responsibilities of all the stakeholders and will in turn, check the number of grievances in future.

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Govt is planning to Open Trauma Centres on the Highways

The Ministry of Health and Family Welfare is implementing a scheme named “Capacity Building for developing Trauma care Facilities in Government Hospitals on National Highways” since 11th Plan with the objective to bring down preventable deaths because of road accidents to 10 % by developing a pan-India trauma care network in which no trauma victims has to be transported for more than 50 kilometres and a designated trauma care facility is available at every 100 km on the national highways.
In the 11th Five Year Plan, 140 locations along the Golden Quadrilateral Corridor North-South and East-West Corridor were identified to develop trauma care facilities to provide immediate treatment for accident victims. Out of these centres, 118 hospitals/Medical Colleges were identified under scheme of Capacity Building for developing Trauma care Facilities in Government Hospitals on National Highways and 20 hospitals/Medical Colleges under Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). Remaining 2 identified hospitals/Medical College were to be developed from their own funding. Government has taken various steps to ensure proper functioning of the identified trauma centres, which include:-
(i)Adoption of 1033 as National Highways Distress Call Number by the Ministry of Road Transport and Highways (MORTH).
(ii)Establishment of National Programme Management Unit at the Central level.
(iii)Appointment of State Nodal Officer for the Scheme.
(iv)Constitution of Core Committee between the Ministry of Health and Family Welfare and MORTH for better coordination and implementation of the Scheme
 (v)Circulation of model MOU to State/UTs.
(vi)Preparation and circulation of Operation guidelines.
(vii)Constitution of Screening Committee to examine the proposal submitted by the States/UTs and to monitor physical and financial progress made under the Scheme.
 (viii)Development of schematic design diagram of trauma care facility in consultation with Central Design Bureau. 
 (ix)Consulting of advance trauma life support and basic life support training for doctors and nurses.
 (x)Revision of requirement of human resource and equipment for trauma care facilities by Technical Resource Group.

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New scheme- National Young Leaders Programme

                                                           

The Minister of State (Independent Charge) for Youth Affairs and Sports Shri Sarbananda Sonowal has said that a new Central Sector Scheme titled “National Young Leaders Programme(NYLP)” was introduced in December,2014 in pursuance of Budget announcement of Hon’ble Finance Minister in 2014-15 Budget Speech.

 The programme aims at developing leadership qualities among the youth to enable them to realize their full potential and in the process, to contribute to the nation-building process. 
In a written reply in the Lok Sabha today Shri Sonowal said, the objective of the Scheme is to  motivate the youth to strive for excellence in their respective fields and to bring them to the forefront of the development process. It seeks to harness the immense youth energy for national – building. 

The National Young Leaders Programme has  the following  five components : 
 (i)Neighbourhood Youth Parliament (NYP):  Neighbourhood Youth Parliament would provide a platform to the youth to articulate their views on various socio-economic development issues of concern to them. About 2.98 lakhs youth clubs under NYKS (Nehru Yuva Kendra Sangathan) shall start functioning as ‘neighbourhood youth parliament’. This will gradually be expanded to cover all villages. The Programme will help in developing leadership qualities among the youth and in actively involving them in the governance process. The will also be an important step in the direction of ‘good governance’.
 

ii)Youth for Development Programme (YFDP):  The Programme aims at channelizing the immense youth energy towards the nation-building, by involving youth in Shramadaan (voluntary labour). The outcome of this Programme shall be that the young generation leads the Shramadaan with the entire community joining it. The Programme will help in developing the leadership qualities of the youth. In the process, it will also lead to conservation of environment and creation of assets for the nation.
 
iii) National Young Leaders Awards (NYLA):  The youth are doing pioneering work in all the sectors. The Programme aims at motivating the youth to strive for excellence in their respective fields by recognizing and rewarding the outstanding work done by them. Such exceptionally talented youth could serve as role models and mentors for others.
 
iv) National Youth Advisory Council (NYAC):  The Council is proposed to be set up to seek active involvement of the young leaders as well as other stakeholders in the decision-making process on the youth related issues. NYAC shall advise the Ministries/ Departments on youth related initiatives/ issues.  The Council will give effective representation to young leaders from all States/ UTs.  
 
v)National Youth Development Fund (NYDF):  The Fund  has been set up with the objective to mobilise funds from non-budgetary resources also for youth development. This will enable the Department to fill the gaps in the ongoing programmes as also take up innovative programmes for youth development to create young leaders.

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