MoUs worth Rs 24,000 cr signed during PM Narendra Modi's visit
to Chattisgarh
For
infrastructure development in Chhattisgarh, MoUs worth Rs 24,000 crore were
signed at Dantewada.
List
of the MoUs that were signed:
MoU between Government of Chhattisgarh,
NMDC, IRCON and SAIL for 140 km rail line between Rowghat and Jagdalpur.
Estimated project cost: Rs 2,000 crore.
MoU between Ministry of Steel, Government
of Chhattisgarh, SAIL and NMDC for 3 million ton Ultra Mega Steel Plant with an
investment of approximately Rs 18,000 crore.
MoU between Government of Chhattisgarh
and NMDC for Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar
District with an investment of Rs 4,000 crore.
MoU between Government of Chhattisgarh
and SAIL for setting up 1MTPA Pellet Plant at Dalli-Rajhara, Balod District
with an investment of Rs 826 crore.
PM Modi to
unveil 3 social security schemes in Kolkata
Prime
Minister Narendra Modi launched three social security schemes pertaining to
insurance and pension in Kolkata.
While
two insurance schemes - Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan
Mantri Jeevan Jyoti Bima Yojana (PMJJBY) will provide insurance cover in the
unfortunate event of death by any cause or disability due to an accident, the
pension scheme - Atal Pension Yojana (APY) will address the old age income
security needs.
The
convenient delivery mechanism of the schemes is expected to address the problem
of very low penetration of life or accident insurance and old age income
security products in the country.
The
PMSBY will offer a renewable one year accidental death cum disability cover of
Rs two lakh to all the savings bank account holders in the age group of 18 to
70 years for a premium of Rs 12 per annum.
Axis bank launshed Whatsapp money transfer
Axis
Bank, the country's third largest private sector bank now facilitates instant
transfer of money on various social media channels like Whatsapp, Facebook,
Twitter, Email list and phone contact list.
The
bank's Ping Pay service competes with other banks digital products like ICICI
Bank's Pockets and HDFC Bank's Chillar.
The
transfer of funds is instant while in other platforms there is a waiting period
of 30 minutes to one day. The person to person funds transfer through Ping Pay
would happen via NPCI's Immediate Payment Service (IMPS) and currently the
transaction limit is at Rs 50,000 per day.
“INS Sardar Patel” was commissioned at Porbandar
A
new strategic naval base of the Indian Navy named “INS Sardar Patel” was
commissioned on 9 May 2015 at the Porbandar, Gujarat.
BrahMos missile successfully test-fired
India
has successfully testfired an advanced version of the BrahMos landattack cruise
missile from the Car Nicobar Islands. BrahMos Block–III version i.e.
land-to-land configuration of missile was launched from a Mobile Autonomous
Launcher (MAL) for its full-range of 290-km test.
China increased its defence budget
China
has significantly increased its defence budget which is now more than three
times that of India. The Pentagon says that China's official defence budget
last year was 136.3 billion dollars while that of India was 38.2 billion
dollars.
Source: The Hindu, PIB
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