12th September 2016 Current Affairs
⇒ United Nations Day for South-South Cooperation – September 12.
⇒ Narain Karthikeyan – Formula One racer.
⇒ The Hartsfield-Jackson Atlanta International Airport in the United States is the busiest passenger airport in the world for the 18th year in a row, according to the 2015 World Airport Traffic Report.
⇒ Tata Power and ICICI Venture partnered to raise over ₹5,500 crore and facilitate investment in power projects in the next 2-3 years.
⇒ The Centre issued fresh flexi-fund guidelines that give states more freedom to spend money under the Centrally Sponsored Schemes (CSS). Under the new norms, flexi-funds have been raised from the current 10% to 25% for states and 30% for UTs.
⇒ Switzerland’s Stanislas Wawrinka defeated world number one and the defending champion Novak Djokovic to win his maiden US Open title.
⇒ The Indian Space Research Organisation (ISRO) will launch a satellite named ‘Pratham‘ developed by the students of IIT Bombay.
⇒ Govt approved constitution of GST Council. Chaired by the Finance Minister, the Council will decide on key issues relating to the indirect tax regime, including tax rate.
⇒ Cauvery river water dispute – Between Karnataka and Tamil Nadu.
⇒ A philanthropist and a car designer have developed ‘Ox‘, the world’s first vehicle that can be packed into a flat box and shipped.
⇒ Digital payments and e-commerce platform Paytm launched an Aadhaar-based eKYC (E-Know Your Customer) service. KYC is a customer identification procedure followed by banks and wallet companies. KYC-enabled Paytm customers are allowed a wallet balance limit of up to ₹1 lakh, as opposed to ₹10k for non-KYC ones. Paytm is set to launch its payments bank before November.
⇒ After introducing ‘Twitter Sewa‘ for redressal of telecom and postal grievances, the government launched a toll-free number 1924 to register postal complaints.
⇒ The Cabinet approved the Consumer Affairs Department’s proposal on enhancing the buffer stock for pulses up to 20 lakh tonnes.
⇒ The government approved the Human Resource Development Ministry’s proposal to set up a Higher Education Financing Agency (HEFA) to provide funds for research-oriented infrastructure in premier institutions like IITs and IIMs. HEFA is expected to raise up to ₹20,000 crore for funding world-class labs and mobilise CSR funds for promoting research in these institutions on a grant basis.
⇒ JP Rajkhowa was removed as Arunachal Pradesh Governor. Meghalaya Governor V Shanmuganathan to take charge of the post in addition to his own duties.
⇒ Deepa Malik became India’s first female Paralympic medallist after winning the Silver in the F-53 shot put event at Rio Paralympics.
⇒ Robots have been used to perform kidney transplants for the first time in the United Kingdom.
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