July, 2018

First Pondicherry International Film Festival

The festival organized by Pickurflick and Puducherry Tourism Department, which will begin on September 26, will be hosted at Puducherry. The inaugural edition of the festival will focus on the cinema, art, and culture of France, which is the partner country for the five-day long event. The mega festival will also promote Puducherry as a tourist destination.

67th National Garment Fair 2018 in Mumbai

The Clothing Manufacturers Association of India (CMAI) organized “India’s Largest Apparel Trade Show – The 67th National Garment Fair” from 16th July to 19th July 2018 at Bombay Exhibition Centre, Mumbai. A Memorandum of Understanding between Govt of Gujarat & CMAI was signed to promote Gujarat as a destination for investments. The Fair was inaugurated by Kishore Biyani, CEO of Future Group.

MicroDot technology to check vehicle thefts

The govt will set a new standard to use a technology which involves spraying small dots laser etched with a vehicle identification number throughout the vehicle body. The tech named ‘MicroDots’ makes it almost impossible to remove the dots and hence will prevent the vehicle’s identity. Annually about 2.14 lakh vehicles are stolen across the country with Delhi topping the list at 38,644.

Chaturvedi: ICICI’s non-exec chairman

RBI has approved the appointment of Girish Chandra Chaturvedi as non-executive (part-time) Chairman of the ICICI bank till June 30, 2021. Girish Chandra Chaturvedi was previously the petroleum secretary. ICICI Bank announced that Kochhar has decided to go on leave till the completion of an external inquiry into the matter of lending loan to Videocon group.

Karnataka to set up five tech innovation hubs

18 : Karnataka’s first ‘K-Tech Innovation Hub’ was inaugurated in Belagavi by K J George, Karnataka Minister for IT/BT & ST. The K-Tech Innovation Hub backed by providing space and infrastructure, prototyping facilities and a world-class innovation network. The K-Tech Innovation hub leverages the globally connected ecosystem & brings infrastructure similar to the MIT Fab Lab to Belagavi.

Bihar raises compensation for rape victims

The Bihar government increased the compensation amount for acid-attack and rape survivors from Rs 3 lakh to 7 lakh. Human traffic victims would receive a compensation of Rs 2 lakh each instead of the Rs 1 lakh paid currently. The acid attack victims would be given a monthly compensation of Rs 10000 instead of lump sum. Survivors who are under the age of 14 would get 50% more compensation.

Centre supports Bru pact

The Home Ministry is committed to implementing the agreement signed to repatriate 33,000 Bru refugees living in camps in Tripura & Mizoram. As per the agreement each of the 5,407 families will get Rs. 5,000 per month along with ration for 2 years and house-building assistance of ` 1.5 lakh. The Bru community had fled Mizoram in 1997 following an unrest and are in relief camps in Tripura.

CM Raman Singh launches online pension system

19 : Chhattisgarh CM Dr. Raman Singh launched an online portal and mobile app called ‘Aabhaar-Aapki Seva ka’ for the pensioners of the state. Through this app and the website, 80,000 pensioners of the state will get all the information related to pension and payment online. The beneficiaries will be provided updates via SMS regarding the status of their pension account.

Nelson Mandela International Day 2018

Nelson Mandela International Day is an annual international day in honor of Nelson Mandela, South Africa’s 1st black president which is celebrated each year on 18 July. The day was 1st celebrated as UN Mandela Day on 18 July 2010 and 2018 marks the 100th birth anniversary. Mandela is remembered for his anti-apartheid activities and fight against poverty and promoting justice for all.

Nabard award to Repco Micro Finance Ltd

Repco Micro Finance Ltd, a non-banking finance company received Nabard 2018 award. The award is given service to self-help group in Tamil Nadu for the fiscal year 2017-18. The NBFC has disbursed loans amounting to ` 2,500 crore to over 10 lakh beneficiaries. NABARD Financial Services Limited is a subsidiary of NABARD to provide financial services in areas of agriculture & microfinance.