Current Affairs - September, 2020

FAME Scheme: 670 new electric buses and 241 charging stations sanctioned

The Government of India recently sanctioned 670 Electric buses and 241 charging stations under phase II of FAME scheme. FAME is Faster Adoption and Manufacturing of Electric Vehicles. It was launched to promote electric mobility in the country. Key Features The scheme aims on electrification of public transportation. It provides incentives for three wheelers and ..

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Finance Minister allows five states to raise financial resources through Open Market Borrowings

The Finance Minister Nirmala Sitaraman recently allowed five states to raise additional financial resources of Rs 9,913 crores such as Telangana, Andhra Pradesh, Karnataka, Tripura and Goa. Highlights The states were granted permission as they have successfully implemented One Nation One Card System. The Central Government has been helping the states largely post pandemic. COVID-19 ..

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Saubhagya Scheme completes three years: Key Facts

On September 25, 2020, the Pradhan Mantri Sahaj Bijili Har Ghar Yojana completed three years of success. It was launched in 2017 to ensure electrification of all households in both rural and urban areas of the country. Highlights The scheme was begun with a budget of Rs 16,320 crores. Out of this, Rs 14,000 was ..

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25 September 2020: Today’s News Headlines

Here are top News Headlines of 24th September 2020. INDIA Indian Navy, Royal Australian Navy hold Passage Exercise (PASSEX) in East Indian Ocean Region (IOR) Surface-to-surface Prithvi-II missile test fired at night in Odisha; nuclear capable missile has range of 350 km Former Atomic Energy Commission Chairman Dr. Sekhar Basu dies at 65 Minister of ..

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RBI releases Cyber Security Vision Framework for Urban Cooperative Banks

On September 25, 2020, the Reserve Bank of India released Cyber Security Vision Framework for Urban Cooperative Banks (UCBs). The apex bank has taken four different guiding principles in order to formulate the framework. This is because the heterogeneity of UCBs in India in terms of regions, size, digital depth and financial health is huge. ..

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