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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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