Government to make disability pension for defence forces at par with civilians
The Union government has accepted the recommendations of National Anomaly Committee that parity with civilians for the grant of disability element to the defence forces under the 6th Central Pay Commission (CPC) should be maintained.
The move was undertaken after an increased request from the armed forces to revert back to the percentage-based regime for disability pension instead of the slab-based system conceived under the 7th CPC.
With this, the Government has decided to continue with an earlier system of disbursing disability pension and not to go ahead with a new regime recommended by the 7th CPC.
NITI Aayog launches the National Nutrition Strategy
NITI Aayog on 5 September 2017 launched the National Nutrition Strategy with the aim of achieving Kuposhan (malnutrition) Mukt Bharat. Under the strategy, the problem of malnutrition will be eradicated in a phased manner.
The strategy intends at bringing nutrition to the center-stage of the National Development Agenda. It was launched jointly by the leader of the Green Revolution, Dr. M S Swaminathan, Padma Shri H Sudarshan and Vice Chairman of NITI Aayog Dr. Rajiv Kumar and Member Dr. Vinod Paul in New Delhi.
The National Nutrition Strategy was formulated through an extensive consultative process and lays down a roadmap for effective action, among both implementers and practitioners, in achieving the nutrition objectives.
RBI releases 2017 list of Domestic Systemically Important Banks
Reserve Bank of India (RBI) has released its 2017 list of the Domestic Systemically Important Banks (D-SIBs). The list identifies private sector lender HDFC Bank Ltd as a D-SIB.
With this inclusion in the list, the HDFC has joined State Bank of India (SBI) and ICICI Bank Ltd, which has been tagged as D-SIBs or too-big-to-fail for the consecutive third year.
Reports say that with such classification failure or collapse of these lenders can have a cascading impact on the entire financial system and the economy of the country. SIBs are subjected to higher levels of supervision so as to prevent disruption of financial services in the event of any failure.
N R Narayana Murthy conferred with PLuS Alliance Prize 2017
Infosys co-founder N R Narayana Murthy was on 3 September 2017 conferred with the PLuS Alliance Prize 2017 along with Mumbai-born scientist Veena Sahajwalla.
While Murthy was presented the PLuS Alliance Prize for Global Leadership, Sahajwalla was awarded the Prize for Research Innovation for her project 'The new science of green manufacturing. They were recognised for the development and implementation of innovative solutions to significant global issues.
Besides this, both the winners received USD 50000 as cash prize.The awards were presented by Professor Sir Malcolm Grant, Chairman of NHS England and Chair of the PLuS Alliance Advisory Board at the T-H-E World Academic Summit in London.
India, Myanmar sign 11 Agreements
India and Myanmar on 6 September 2017 signed eleven agreements following delegation-level talks headed by Indian Prime Minister Narendra Modi and Myanmar State Counsellor Aung San Suu Kyi at Nay Pyi Taw, Myanmar.
These 11 agreements were signed in a range of sectors including one on maritime security cooperation to further strengthen their multifaceted partnership, one on cooperation between Myanmar Press Council and the Press Council of India and another on cultural exchange programme for the years 2017 to 2020.
The MoUs also covered the field of health and medicine along with enhancing cooperation for upgrade of the Women’s Police Training Centre at Yamethin, Myanmar.
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