Schemes
1. Government approves ‘New India Literacy Programme’ for Education of adults
- The Union Govt. approved a new scheme “New India Literacy Programme" during the FYs 2022-2027 to cover all the aspects of adult education and also to align with national education policy 2020
- The scheme will cover non-literates of the age of 15 years and above in the country.
- Now, Govt. has replaced the term “Adult Education (प्रौढ़ शिक्षा)” as ‘Education for All’ in the country.
- It will be implemented through volunteerism through online mode.
National Affairs
2. Union Minister Sarbananda Sonowal unveil Water taxi service in Mumbai
- The much-awaited water taxi service promising connectivity between Mumbai and Navi Mumbai has been unveiled by Union Minister Sarbananda Sonowal
- The initiative will help in promoting tourism as well as reducing traffic congestion in the city.
- The WT services are expected to cut the commuting time between Mumbai and Navi Mumbai by almost 45 minutes to an hour.
- The service will begin from Domestic Cruise Terminal at ferry wharf in Mumbai to Navi Mumbai destinations.
Obituaries
3. Kannada poet Chennaveera Kanavi passes away
- Kannada writer and poet Dr Chennaveera Kanavi (94-years) passed away due to age-related illnesses at a private hospital in Dharwad.
- He was also known as ‘Samanvaya Kavi’ (Poet of Reconciliation).
- Dr Kanavi received the Sahitya Akademi Award in 1981 for his work Jeeva Dhwani (Poetry).
- Katavi's first book, Kavyakshi, was published in 1949.
Banking & Finance
4. NITI Aayog and PhonePe to launch Fintech Open Hackathon
- NITI Aayog in association with PhonePe will launch the Fintech Open Hackathon.
- The Hackathon will provide an opportunity for innovators, digital creators and developers from all over India to think, ideate and code.
- It aims to showcase path-breaking solutions for the Fintech Ecosystem.
- The last date to register: 23rd February
- The winners of the Hackathon: 28th February
International Affairs
5. India to showcase Agriculture and Food Processing prowess atEXPO 2020 Dubai
- India will showcase its Agriculture and Food Processing prowess at EXPO2020 Dubai.
- Today, Dr. Abhilaksh Likhi inaugurated the Food, Agriculture and Livelihood fortnight at the India Pavilion.
- The fortnight will showcase India’s prowess in sectors like food processing, horticulture, dairy, fisheries, and organic farming.
- India will exhibit investment opportunities in millets, organic farming, horticulture and dairy to investors worldwide.
Banking & Finance
6. RBI extends timeline by six months for NBFCS to adhere new NPA recognition
- The Reserve Bank of India extended the timeline by six months for Non-Banking Financial Companies to adhere to the new NPA recognition norms
- Earlier the regulator had set March 31 deadline for non-bank lenders to upgrade NPAs only after all arrears and principal dues are paid.
- NBFCs will have time till Sep 30 to put in place the necessary systems to implement this provision.
- Loans classified as NPA will be upgraded to the standard category only if all dues are paid.
National Affairs
7. Railways connects India's longest tunnel T-49 in Katra-Banihal section
- The main tunnel of T-49 of Udhampur- Srinagar-Baramulla Rail Link (USBRL) project has been connected successfully.
- It is constructed between Sumber and Arpinchala station of Katra-Banihal section USBRL
- It the longest tunnel of Indian Railways.
- T49 is a tunnel of length 12.758 km long and it is going to be the longest tunnel of Indian Railway.
- Peer Panjal Tunnel of 11.2 km length constructed by USBRL on the Banihal-Qazigund section is the 2nd longest tunnel.
Banking & Finance
8. Foodgrain production likely to hit record high for 2021-22: govt
- The Ministry of Agriculture and Farmers Welfare has released the Second Advance Estimates of production of major crops for the agricultural year 2021-22.
- As per the estimate the total foodgrains production in the country is pegged to reach an all-time record high of 316.06 million tonnes.
- The estimated foodgrains production for agricultural year 2021-22 (July-June) is 1.71 per cent higher than 310.74 million tonnes recorded in 2020-21.
Sports
9. Chelsea defeated Palmeiras to won first FIFA Club World Cup
- Chelsea have been won first FIFA Club World Cup by defeating Brazil’s Palmeiras in extra-time in the final in Abu Dhabi.
- Chelsea defeated South American counterparts in the final at Mohamed bin Zayed Stadium by 2-1.
- The winner came from the penalty spot in the 117th minute.
- Chelsea Football Club is an English professional football club based in Fulham, West London.
Sports
10. Haryana Men’s Team & Kerala Women’s Team won Senior National Volleyball
- Haryana Men’s Team and Kerala Women’s Team became champions of 70th Senior National Volleyball Championship.
- The tournament was held at the Biju Patnaik Indoor Stadium, KIIT Deemed to be University.
- Haryana Men’s Team defeated Indian Railway 3-0.
- Likewise, the women team of Kerala lifted the trophy after outplaying the women team of Indian Railway 3-1.
- The Championship was jointly organized by Odisha Volleyball Association (OVA) & KIIT-DU, Bhubaneswar.
Banking & Finance
11. Kotak Mahindra Bank ties up with Ezetap for integrated PoS solutions
- Kotak Mahindra Bank has tied up with Ezetap to provide integrated Point of Sale (PoS) solutions across 4,000 locations in India.
- The initiative will strengthen the bank’s presence in the digital payments market space.
- the partnership will enable it to scale up its PoS product base across merchant segments, including retail enterprises and government customers.
- KMBL CEO: Uday Kotak
- KMBL Tagline: Lets make money simple
- KMBL Hq: Mumbai
Banking & Finance
12. Karnataka Bank bags three banking tech awards
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