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NATIONAL AFFAIRS
MoD releases draft Defence Production and Export Promotion Policy 2020; aimed at $5 bn export by
2025
On August 3, 2020, the Ministry of Defence (MoD) publicized a draft ‘Defence Production & Export Promotion Policy
(DPEPP) 2020 for public feedback by August 17, 2020 after which the policy would be promulgated by the MoD. The
policy aims to achieve a manufacturing turnover of $25 bn or Rs 1,75,000 crore, including exports of $5 bn or Rs
35,000 Crore in aerospace and defence goods and services by 2025.

• The DPEPP 2020 is MoD’s overarching guiding document for providing significant thrust to defence
production for self-reliance and exports.
• The Department of Defence Production (DDP) will be the nodal department for coordination on various
components of the DPEPP 2020 and to achieve the objectives set in this Policy.
• It is to be noted that currently the size of the Defence Industry, including Aerospace and Naval Shipbuilding
Industry, is estimated to be about Rs 80,000 Cr (2019-20). In this the contribution of Public Sector is estimated
to be Rs 63,000 crores, while the share of Private Sector is Rs 17,000 crores.
Focus areas of DPEPP 2020:
Procurement Reforms, Indigenization & Support to MSMEs/Startups, Optimize Resource Allocation, Investment
Promotion, FDI & Ease of Doing Business, Innovation and Research & Development (R&D), DPSUs and OFB, Quality
Assurance & Testing Infrastructure & Export Promotion
Key Points from Policy:
-To develop a dynamic, robust and competitive Defence industry, including Aerospace and Naval Shipbuilding
industry to cater to the needs of Armed forces with quality products.
-To reduce dependence on imports through domestic design and development on the lines of “Make in India”
initiatives.
• 5,000 items are proposed to be indigenized by 2025.
-To promote export of defence products and become part of the global defence value chains.
• In this regard, the Defence Attaches have been mandated and are supported to promote export of indigenous
defence equipment abroad.
-To create an environment that encourages R&D, rewards innovation, creates Indian IP (intellectual property)
ownership and promotes self-reliant defence industry.
– To set up a Project Management Unit (PMU) with representation from the Services for estimation of development
and production.
-To create Technology Assessment Cell (TAC) with the aim to move away from licensed production to design,
develop and produce indigenously for the systems projected in Long Term Integrated Perspective Plan (LTIPP) of the
Services.
–Innovations for Defence Excellence (iDEX), that has been operationalized to provide incubation and infrastructure
support to the startups in the defence area, would be further scaled up to engage 300 more startups and develop 60
new technologies/ products during the next 5 years.

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–Mission Raksha Gyan Shakti which was launched to promote innovation and technology development and file
greater number of patents in Defence PSUs (public sector undertakings) and OFB (ordnance factory board) would be
scaled up further to promote creation of IP Property in defence sector.
– Currently, FDI policy for Defence sector, FDI was allowed under automatic route up to 49% and above 49% through
government route. Efforts would be made to attract FDI through Invest India and Defence Investor cell.
Click Here for Official Link
Recent Related News:
On July 29, 2020, Union Cabinet chaired by the Prime Minister Narendra Modi approved the first education policy of
the 21st century i.e. National Education Policy (NEP) 2020 which has replaced 34 years old NPE, 1986. This was
announced by Union Minister of Information and Broadcasting Prakash Keshav Javadekar. With this, the Ministry of
Human Resource Development (MHRD) will officially be renamed the Ministry of Education (MoE).
About Ministry of Defence (MoD):
Union Minister– Rajnath Singh
Minister of State (MoS)– Shripad Yesso Naik

IIT Kanpur and DARPG Sign Agreement With MoD For Using AI, ML to Address Public Grievances
On August 04, 2020, A Tripartite Memorandum of Understanding (MoU) was signed between IIT Kanpur, Ministry of
Defence (MoD) and Department of Administrative Reforms & Public grievances (DAR & PG) to develop Artificial
Intelligence (AI) and Machine Learning (ML) Techniques to conduct exploratory and predictive analysis of Public
Grievances received on the web based Centralized Public Grievances Redress & Monitoring System (CPGRAMS)
pertaining to the MoD.

The MoU was signed in the presence of Defence Minister Rajnath Singh, MoS for Personnel, Public Grievances &
Pensions Dr. Jitendra Singh and IIT Kanpur Deputy Director S Ganesh.
Aim
i.The project will help the Ministry of Defence to take corrective measures in time, before a problem becomes large.
ii.To identify the cause and nature of grievances to bring systematic changes in policies.
iii.The analysis will help the MoD to determine if more complaints are coming from any specific areas/regions/cities.
Key Points
i.The partnership is concerned with conducting exploratory and predictive analysis of public grievances.The
integration of J&K’s Awaz-e-Awam portal with the central government’s Centralised Public Grievance Redress and
Monitoring System (CPGRAMS) has been done to facilitate seamless transfer of grievances.
ii.The grievances received in the portal of CPGRAMS will be used for the analysis.
iii.Department of Administrative Reforms & Public Grievances is the custodian of data on the CPGRAMS portal.
iv.DARPG will provide data related to Public Grievances of MoD to IIT Kanpur for their analysis.
v.The complaint received in the portal will be automatically redirected to the concerned official, where it is resolved
and feedback is obtained.
vi.With this model, the quality of the redressal by the official is also predicted.
vii.The new model will help in making the response to the people by the ministry easier, swifter and efficient .

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Static GK:
Defence Minister of India – Rajnath Singh
Minister of State for Personnel, Public Grievances & Pensions – Dr. Jitendra Singh
IIT Kanpur Director – Abhay Karandikar.

Listed entities get 3 years to meet criteria of minimum 25% public shareholding
In order to provide more time to the listed entities to meet criteria of minimum public shareholding (MPS) of 25%,
the Centre Government has made changes in the Securities Contracts (Regulation) Rules, 1957 in rule 19A, in sub-
rule (1), where the words “two years” substituted by words “three years”. Therefore, listed entities get one more
year to comply with the rules of MPS, benefitting more than three dozen PSUs (public sector undertakings) who have
been unable to meet this requirement amid COVID-19.

• Eligibility for this relaxation: The rules were relaxed for listed entities for whom the deadline to comply with
MPS requirements falls between the period from March 1, 2020 to August 31, 2020.
• Stock exchanges will not take any penal action against entities in case of non-compliance during the above
mentioned period.
Key Points:
-If any penal actions initiated by stock exchanges from March 1, 2020 till date for non-compliance of MPS
requirements by listed entities may be withdrawn.
-As per the current rules, exchanges can slap a fine of up to Rs 10,000 on companies for each day of non-compliance
with MPS requirements and can also intimate depositories to freeze the entire shareholding of the promoter and
promoter group.
Reason behind this move:
There are two reasons for this relaxation:
i.The earlier notification of 2018 giving these entities a timeframe of two years to meet the requirement will expire
this month.
• Means, once a company is listed, its promoters are required to bring down their shareholding down to 75%
within the stipulated minimum shareholding period so as to meet minimum public float of 25%.
ii.Also, the listed entities are facing difficulties in meeting the rule due to the current Covid-19 pandemic.
Recent Related News:
In July 2020, the Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) signed a
Memorandum of Understanding (MOU) for the data exchange between the two organizations on a regular basis.
About Securities and Exchange Board of India (SEBI):
Chairman– Ajay Tyagi
Headquarter– Mumbai, Maharashtra

Four more States/UTs linked with One Nation One Ration Card scheme; taking total to 24
With effect from August 1, 2020, 3 states of Manipur, Nagaland and Uttarakhand, and one Union Territory of Jammu &
Kashmir (J&K) have joined the One Nation, One Ration Card (ONORC) platform, increasing the total number of

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states/UTs under this scheme to 24. This information has been provided by Union Minister of Consumer Affairs, Food
and Public Distribution, Ram Vilas Paswan while reviewing the progress of ONORC plan.

• The addition of above 4 states/UTs has ensured food security to 65 Crore (80%) of total National Food
Security Act (NFSA), 2013 population for receiving food grains from any Fair Price Shop (FPS) in 24
States/UT, under the scheme.
• When all the states are integrated under ONORC scheme, 81 crore NFSA beneficiaries can avail benefit.
• The scheme will be operational all over India by 31st March 2021.
About one nation, one ration card (ONORC):
The ONORC scheme announced in June 2019 allows portability of food security benefits across the country from 1st
June 2020. This means poor migrant workers or the beneficiaries who are taking food grains under the Public
Distribution System (PDS) will be able to buy subsidized rice and wheat from any FPS in the country.
• Simply, it is inter-state portability of ration cards by using their same/existing ration card with
biometric/Aadhaar based authentication on an electronic Point of Sale (ePoS) device installed at the FPSs.
• The ONORC scheme becomes possible by implementing nation-wide portability of ration cards under the
ongoing central sector scheme on ‘Integrated Management of Public Distribution System (IM-PDS)’ in
association with all States/UTs.
24 States/UTs included in scheme:
States– Andhra Pradesh (AP), Bihar, Goa, Gujarat, Haryana, Himachal Pradesh (HP), Jharkhand, Karnataka, Kerala,
Madhya Pradesh (MP), Maharashtra, Manipur, Mizoram, Nagaland, Odisha, Punjab, Rajasthan, Sikkim, Telangana,
Tripura, Uttar Pradesh (UP) and Uttarakhand.
UTs– Dadra and Nagar Haveli and Daman and Diu (DNHDD), Jammu & Kashmir (J&K)
About Ministry of Consumer Affairs, Food and Public Distribution:
Ram Vilas Paswan Constituency- Bihar
Minister of State (MoS)– Raosaheb Patil Danve

For the 1st time in India Railways uses NTC machine for track construction
In a boost to the railways’ efforts to use technology to ease infrastructure work, for the first time in India, Railway is
using New Track Construction (NTC) machine for the entire track laying of the Dedicated Freight Corridors. The
projects will be implemented by Dedicated Freight Corridor Corporation of India Limited (DFCCIL).

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• Currently, there are seven NTC machines that have been deployed along the Dedicated Freight Corridor (DFC)
alignment. Four NTC machines are deployed in the Eastern DFC viz. Allahabad – New Bhaupur, Allahabad –
Pandit Deen Dayal Upadhyaya junction, Bhaupur – Bhadan, Khurja Dadri sections and in Western DFC, three
NTC machines are deployed at Palanpur-Makarpura, Gothangam-Baroda and Anchali-Sachin sections
respectively.
• Notably, The Khurja-Dadri section is the connecting link between the Eastern and Western DFCs on which
freight trains run at a speed of 100 kmph ensuring fast logistics movement. The project is expected to be
completed by 2022.
Key Features of NTC Machine:
-The NTC machine has the capability to lay 1.5 km of track per day as compared to 150-200 metres of track.
-The machine helps in bringing efficiency in track construction with integrated logistic arrangements for mechanised
handling, movement and laying of heavy track components.
Recent Related News:
In accordance with the initial timeline drawn by the railways, it has planned to roll out 151 private train services by
2027 on 109 pairs of routes across the country. In this regard, Indian Railways is ready to introduce 12 trains in
2022-23, 45 in 2023-2024, 50 in 2025-26 and 44 more in the next fiscal, taking the total number of trains to 151 by
the end of FY 2026-2027. There would be Rs 30,000 crore private sector investment in this project.
About Indian Railways:
Headquarter– New Delhi
Operated by – Ministry of Railways
Railway Board Chairman– Vinod Kumar Yadav

BANKING & FINANCE


Canara Bank Partnered with 3 insurers to Provide Individual Short-Term Corona Kavach Policy
As part of a social commitment to compensate the unprecedented expenses of ordinary people, Canara bank has
partnered with 3 insurers namely, New India Assurance Company Ltd, Bajaj Allianz General Insurance Co
Ltd and HDFC ERGO Health Insurance Co Ltd to offer individual short-term Corona Kavach policy to cover COVID-
19 related health expenses.

Key Features of the Policy


i.Premium- The premium of the policy starts from Rs 300.
ii.Purchase- Purchase can be made on an individual basis and family floater basis.
iii.Availability- The policy will be available for a maximum period of 9 and half months (or 285 days).
iv.24 hrs hospitalization needed- A minimum 24 hours hospitalization is required.
v.Minimum & Maximum sum Insured- The minimum sum insured is Rs 50,000 and maximum is Rs 5 lakh.
vi.No Capping– There is no capping on room rent, and home care treatment up to 15 days.
vii.Policy Covers
• It will cover Ayush treatment up to 100% of sum assured and cover co-morbid conditions.

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• It also covers the Optional hospital cash.


Note– In medicine, comorbidity is the presence of one or more additional conditions often co-occurring with a
primary condition.
Recent Related News:
Insurance Regulatory and Development Authority of India (IRDAI) made it mandatory for all general and
health insurers to launch short-term standard health policies for coronavirus disease viz. Corona
Kavach and Corona Rakshak.
About Canara Bank
Headquarters– Bangalore, Karnataka
Chairman– T.N. Manoharan
Managing Director(MD) & Chief Executive Officer(CEO)– L.V. Prabhakar
Tagline– Together We Can

National Bank of Bahrain Selects Infosys Finacle to Digitally Transform its Transaction Banking
Business
National Bank of Bahrain(NBB) and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of
Infosys, announced that the bank has decided to adopt the Finacle Cash Management Suite to digitally transform its
transaction banking business.

• This partnership is a part of NBB’s digital transformation, with the upgrades provided by the suite to equip the
bank with a modern system that will provide simple and seamless service to the clients.
Key Info
NBB will implement the Finacle Liquidity Management platform and upgrade its existing Finacle Corporate Online
Banking platform to a full-fledged Digital Engagement Suite with the latest versions of the Finacle Corporate Online
and Mobile Banking solutions, along with the Finacle Digital Engagement Hub.
Key Benefits of Cash Management Suite
i.The front-to-back integrated cash management solution will provide a world-class banking experience to the
corporate and institutional customers, thereby driving the growth of our transaction banking business
ii.It will enable NBB manage their customer preferences and entitlements effectively across channels.
About NBB:
Chief executive officer– Jean-Christophe Durand
Headquarters– Manama, Bahrain

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AWARDS & RECOGNITIONS


Sunil ydv SS received the Karmaveer Chakra Award of United Nations and iCONGO at ReX ConcLIVE
The Karmaveer Chakra Award instituted by the United Nations(UN) and International Confederation of NGO
(iCONGO) was awarded to 23 years old Sunil Ydv SS, the founder and CEO of SS motivation channel on Telegram for
his contribution to the society through “SS Motivation”, at the ReX ConcLIVE hosted at Indian Institute of
Technology- Delhi(IIT-D).

Sunil Ydv SS:


i.Through the SS Motivation channel Sunil addressed various social issues and motivated numerous people.
ii.His channel achieved around 127 million views in 2019, the highest global record obtained by a telegram channel
that provides solutions to social issues.
iii.He was enlisted in the Bravo International Book of World Records for having the most number of subscribers on
his telegram channel.
Awards:
i.He received Rastra Prerna, Iconic Personality of India, Incredible Indian Icon and Humanitarian Excellence in 2019.
ii.He also received the India Book of Records award for the “Most Popular Motivational Channel.”
Book:
He authored the book “The Secrets Behind Success”, which emphasized the success mantra of a 23-year-old boy from
a small Indian town.
Karmaveer Chakra Award:
i.Karmaveer Chakra is presented as a tribute to Dr.APJ Abdul Kalam, the 11th President of India and recognises nobel
laureates.
ii.Karmaveer Chakra award is a global civilian honour presented to recognise the contribution of individuals who
showcase their restless courage, initiating change and exploring the less travelled life paths.

APPOINTMENTS & RESIGNATIONS


RBI Approved Sashidhar Jagdishan as Next MD & CEO of HDFC Bank; will Succeed Aditya Puri
The Reserve Bank of India(RBI) has approved Sashidhar Jagdishan as the next Managing Director(MD) and Chief
Executive Officer(CEO) of HDFC Bank for a period of 3 years, effective from the date of taking charge i.e., October 27,
2020 under Section 35B of the Banking Regulation Act 1949.
• He will succeed Aditya Puri, the bank’s longest serving CEO (26 years- since September 1994).
• Aditya Puri will retire on October 26, 2020, on attaining the age of 70.
About Sashidhar Jagdishan
i.He currently serves as an additional director and Group Head of Finance, Human Resources, Legal & Secretarial,
Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility and the Strategic
Change Agent of the HDFC Bank.

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ii.He joined the Bank in the year 1996 as a Manager in the Finance function and later became Business Head- Finance
in 1999.

iii.He was appointed as the Chief Financial Officer in the year 2008.
About Aditya Puri
Prior to joining the HDFC Bank he was the CEO of Citibank, Malaysia from 1992 to 1994.
Note- In the month of July, 2020 Aditya Puri sold shares of HDFC Bank worth Rs 843 crore.
Key Info
i.Reserve Bank of India (RBI) capped the maximum age at 70 years for a managing director, chief executive officer or
whole time director in a private bank, while the minimum age is above 21 years.
ii.Aditya Puri is the longest-running CEO of any bank in India.
Recent Related News:
i.Krishnan Ramachandran appointed as Managing Director & Chief Executive Officer of Max Bupa.
ii.The Jammu and Kashmir (J&K) administration approved the appointment of senior vice president (SVP) of HDFC
bank Zubair Iqbal as the new Managing Director (MD) of Jammu and Kashmir Bank, for a period of 3 years.
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Chairman– Deepak S. Parekh
Tagline– We understand your world

SCIENCE & TECHNOLOGY


IIT Madras with Helyxon Developed First of Its Kind Remote Patient Monitoring Solution for COVID-
19
Healthcare Technology Innovation Centre(HTIC) of Indian Institute of Technology Madras (IIT Madras) in
partnership with Helyxon Healthcare Solutions Private Limited, a healthcare startup in IIT Madras jointly developed a
first of its kind remote patient monitoring device for COVID-19.

• The device was engineered based on the clinical input to provide a low cost, simple and easy to use device to
monitor the patients from anywhere at the hospital or home.

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Remote Patient Monitoring Device:


i.The device provides clinically accurate continuously monitors of the four critical parameters like, temperature,
oxygen saturation, respiratory rate and heart rate
ii.The software platform of the device provides uninterrupted alerts on any rapid increase in the patient’s
parameters.
iii.This reusable device can be used for over a year.
iv.Based on the configuration of the device the cost ranges from Rs.2500 to 10,000.
Development of the device:
i.The core technology of the device was validated by a year long multi-centric study at numerous chennai based
medical institutes for accuracy and performance in line with current standards.
ii.The device was aimed to reduce the close contact with the patients by the healthcare workers like doctors and
nurses and savings in PPE.
Working:
i.This device is self-contained, portable and wireless which can be easily clipped on to the patients fingers.
ii.The temperature of the patient is measured at the armpit and the other parameters are measured at the fingers.
iii.The data from the device are streamed to the mobile phone or the central monitoring system.
Benefits:
i.The device can be used for tele consultations with doctors, healthcare workers and hospitals.
ii.This device can be used for patient management by the doctors and hospitals.
Key Points:
i.The device has reached around 2000 patients of public and private hospitals and an additional 5000 devices are in
the pipeline.
ii.To meet the current requirement of the device in Stanley Medical College Hospital, Institute of Child Health,
Institute of Obstetrics and Gynecology, various Non-governmental Organisations (NGOs) have come forward to
procure the device.
iii.The solution scalable to around 100 patients monitored by the hospital or a central authority.
About IIT Madras:
Director– Bhaskar Ramamurthi
Inaugurated– 1959
Recent Related News:
i.TVS Group, IIT-M develop automated respiratory assist device “Sundaram Ventago” which will be useful in remote
and rural areas where ventilator facilities are not available and would have a great impact of post COVID-19.
ii.IIT (Indian Institute of Technology)- Delhi startup company named Nanosafe solutions has developed and launched
an antimicrobial and washable face mask “NSafe” that can be reused upto 50 launderings.

A health assistant robot “Rakshak” designed by the Mumbai Division of Central Railway
On July 31, 2020 the Mumbai Division of Central Railway (CR), designed a health assistant robot “Rakshak” that
communicates between doctor and patient remotely.

The Robot was developed in-house at EMU (Electric Multiple Unit) car shed by Sunil Bairwa, Senior Divisional
Electrical Engineer and his team in Kurla, Mumbai section of the Central Railway.The robot was handed over to Dr
Babasaheb Ambedkar Memorial Hospital.

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The main objective of building the robot is to avoid spreading of the COVID-19 virus among people.
The Divisional Railway Manager (DRM) Shalab Goel, CR Mumbai Division, handed over this robot to Dr Meera
Arora, Chief Medical Director of the hospital at Byculla at Chhatrapati Shivaji Maharaj Terminus.
Features of the “Rakshak”
i.The Robot can measure health parameters like temperature, pulse, oxygen percentage and dispenser sanitizer
automatic, infrared sensors.
ii.It can also deliver medicines and food and can make 2-way video communication between the doctors and the
patients.
iii.The Robot can work upto 6 hours and can carry upto 10 Kilogram (Kg) of weight in its tray.
iv.It can move in all directions at all levels and has a remote range upto 150 meters and operates on Wi-Fi and with
Android mobile applications.
About Central Railway (CR)
Headquarters – Chhatrapati Shivaji Maharaj Terminus, Mumbai, Maharashtra
Divisions– Mumbai, Bhusaval, Pune, Solapur, and Nagpur

A COVID prevention kiosk named “UV Baggage Bath” inaugurated at Bengaluru railway station
On August 3, 2020 a unique kiosk named “UV Baggage Bath” was inaugurated at the Bangalore railway station, South
Western Railway, by the Senior Divisional Commercial Manager, Bengaluru Division, AN Krishna Reddy and
Additional Divisional Railway Manager (Admin), Bengaluru Division, Kalyani Sethuraman.

Objective of the kiosk :- To disinfect the baggage to stop the indirect mode of COVID – 19 transmissions from the
outer surfaces of travel bags to the human beings.
The proposal was implemented at KSR (Krantivira Sangolli Rayanna) Bengaluru and Yesvantpur Railway stations
by M/s Optimurz Bio and IT Solutions.
About UV Baggage Bath
i.It is an enclosed chamber through which passenger luggage will be passed. The beamed Ultra Violet (UV) light from
all directions disinfects the contaminations like virus, bacteria and other germs and pathogens on the outer surface of
the baggage.
ii.It has been set up at the second entry (near entrance of Platform Number: 5, 6,7 & 8) of the station to sanitize the
luggage of the on-board and off-board passengers.
iii.The sanitized luggage will be handed back to the passenger with a sticker certifying the sanitized luggage.
iv.The optional luggage disinfection process would be available free to the passengers for one month. After a month
nominal charges will be collected based on the cost of operation and patronage.
About South Western Railway
Headquarters: Rail Soudha, Gadag Road Hubli Karnataka
Divisions: Hubli, Mysore and Bangalore

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OBITUARY
Nobel Peace Prize Winner John Hume Passed Away at 83
The Nobel Peace Prize winner(1998) and prominent Northern Ireland politician John Hume passed away at 83 in a
Londonderry nursing home due to a long period of illness on August 3, 2020.He was born on January 8, 1937 in
Derry(Londonderry), Northern Ireland(a part of the United Kingdom- UK).He is the only person to receive the three
major peace awards(Gandhi Peace Prize, Nobel Peace Prize & Martin Luther King Award).

Key Info about John Hume


i.John Hume was the founding member of the Social Democratic and Labour Party (SDLP) in 1970 and led the party
from 1979 until 2001.
ii.He shared the Nobel Peace Prize with David Trimble of the Ulster Unionist Party(UUP) for their efforts to find a
peaceful solution to the conflict in Northern Ireland.
iii.They played a major role to create the Good Friday Agreement in 1998, which ended the violent conflict in
Northern Ireland by bringing unionists and Irish republicans into a power-sharing government.
Few Honors- International Gandhi Peace Prize, 2001; Golden Doves for Peace Journalistic Prize, 1997; Martin Luther
King Peace Award, 1999.

Padma Bhushan Awardee & Former Arunachal Pradesh Governor Ram D Pradhan passes away
On July 31, 2020 Former Arunachal Pradesh Governor and Veteran Bureaucrat Ramachandra Dattatraya Pradhan
(R.D.Pradhan) passed away at the age of 92 in Mumbai. He was born on 27th June, 1928.
He joined as IAS officer in the erstwhile Bombay State in 1952. He has served positions in Gujarat, Maharashtra also.
He has held the position of Home Secretary & Chief Secretary of Maharashtra.

Positions held:
• Governor of Arunachal Pradesh – March 1987 – March 1990.
• Home Secretary of India – January 1985 – June 1986.
• India’s Resident Representative in Geneva to UNCTAD and GATT : 12 years
• International civil servant : 5 years
• He also won a seat in Maharashtra Legislative Council in June 1990 on a Congress ticket.

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• On 1st May, 1960 he joined Y B Chavan, Chief Minister of the newly formed state of Maharashtra, as his
private secretary.
• He was appointed as Maharashtra’s Home Secretary in March 1977.
Awards
• R D Pradhan is a recipient of Padma Bhushan, third highest civilian award of India in 1987.
Notable Achievements
• He was chairman of the High-level Enquiry Commission for November 26, 2008 Mumbai Terror Attacks.
• One of the chief architects in drafting of peace accords in Punjab, Assam and Mizoram.
• He has authored several books and is a prolific writer. Some of his books are “Working with Rajiv Gandhi”,
“1965 War, the Inside Story: Defence Minister Y.B. Chavan’s Diary of India-Pakistan War”

STATE NEWS
Government of AP Signs MoU with Hindustan Unilever Ltd, P&G and ITC to Support Economic
Empowerment of Women
On 3rd August 2020, The state government of Andhra Pradesh(AP) signs a memorandum of
Understanding(MoU) with three International FMCG (Fast-moving consumer goods) companies- Hindustan Unilever
Ltd (HUL), ITC ltd., and Procter and Gamble (P&G) to provide marketing and technological support for the economic
empowerment of the women and to make them self-reliant.

• The MoU was signed in the presence of Y S Jaganmohan Reddy at his camp office in Tadepalli.
• Raju Babu, CEO of Society for elimination of rural poverty(SERP) on behalf of the government signed the MoU
while Joseph Verkey of P&G, Rajnikant Rai of ITC and Ramakrishna Reddy of HUL signed the MoU.
The state government of Andhra Pradesh is set to launch two schemes YSR Cheyutha and YSR Asara to support the
empowerment of women. Around Rs. 11,000 crores per year will be distributed under both the schemes which will
be around Rs. 44,000 crores for 4 years which will benefit around 1 crore women.
YSR Cheyutha:
i.The YSR Cheyutha scheme is set to launch on 12th August 2020, to support the women of the minority groups (SC,
ST, BC) aged between 45 and 60.
ii.Financial assistance of Rs. 18,750 per annum that is Rs. 75,000 for four years will be provided to the women under
the scheme to support them to become self-reliant and change their economic status.
iii.Under this scheme around Rs. 4,500 crores will be distributed.
YSR Asara:
i.YSR Asara is set to be launched in September 2020, which will benefit around 90 lakh women of around 9lakh self-
help groups.
ii.Under this scheme around Rs. 6,700 crores will be distributed.
Features of MoU:
i.The companies will support the women under the YSR Cheyutha and YSR Asara schemes.
ii.They will provide marketing opportunities and technology support for the women under the schemes which will
benefit around 25 lakh women in AP.

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iii.This MoU will provide more employment opportunities with constant income for the women.
Other Launch – Chief Minister also launched a web portal called HYPERLINK “http://4s4u.appolice.gov.in to provide
information on various issues like cyber crime, harassment and other issues for women safety. The portal will create
awareness on how and where to complain about the crime, how to download Disha App and has all the important
phone numbers to contact.
Note:
i.‘Shakti’ – HUL’s programme for women empowerment in Chittoor district.
ii.ITC stated that the company can extend cooperation with the state government in areas like watershed programs,
social forestry, health and sanitation and post harvesting programs.
Key People:
Sanjiv Mehta, Chairman and Managing Director(CMD) of HUL, Sanjiv Puri, Executive Director of ITC
and Madhusudan Gopalan, CEO of P&G India participated over a virtual platform along with Ministers Peddireddy
Ramachandra Reddy, Botcha Satyanarayana, and Chief Secretary Nilam Sawhney.
About Andhra Pradesh:
Capital-Amaravati
Chief Minister– Y. S. Jaganmohan Reddy
Governor– Biswa Bhusan Harichandan
Recent Related News:
i.APChief Minister Y.S. Jagan Mohan Reddy re-launched zero interest loan scheme for Women Self-Help
Groups(SHGs) by releasing a sum of Rs 1,400 crores to 8.78 lakh SHGs (to benefit about 91 lakh members) for the
welfare of women.
ii.AP Chief Minister Y.S. Jagan Mohan Reddy has launched Rs 1,110 crores ‘ReStart’ a new programme to support &
boost the Micro, Small and Medium Enterprise(MSME) sector in the State.

DNHDD Launched E-Gyan Mitra Mobile Application for Online Education


The Education department of Daman Administration launched the E-Gyan Mitra mobile application developed by the
administration of Dadra and Nagar Haveli and Daman and Diu (DNHDD) to support students for their online
education of the Union Territory of DNH and DD .

E-Gyan Mitra:
i.The application provides a platform for online classes, where the teachers can post the videos of lectures and
conduct tests for the students from primary to higher secondary classes.
ii.Using the mobile application the teachers can monitor the progress of the students who are at home amid COVID-
19 pandemic.
iii.The application supports multiple languages – English, Hindi, Gujarati and Marathi.
About Dadra & Nagar Haveli and Daman & Diu(DNHDD):
Administrator– Praful Patel
Capital– Daman

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AC GAZE
Two-day international webinar on ‘Lokmanya Tilak – Swaraj to Self-Reliant India’: ICCR
Union Home Minister Amit Shah has inaugurated a two-day international webinar on the theme of ‘Lokmanya Tilak –
Swaraj to Self-reliant India’ in New Delhi,which was organized by the Indian Council for Cultural Relations(ICCR) on
the 100th death anniversary of the great freedom fighter Lokmanya Bal Gangadhar Tilak(August 1, 2020).

Axis Bank unveils AXAA ,an AI powered conversational banking IVR


Axis Bank has partnered Bengaluru startup Vernacular.ai,an AI-based SaaS voice automation platform,to deploy
multi-lingual BOT AXAA on its phone banking Interactive voice response (IVR) which helps to increase automation in
customer service.
About Axis Bank:
Headquarters– Mumbai, Maharashtra
Managing Director and Chief Executive Officer– Amitabh Chaudhry

Current Affairs 5 August 2020 : Headlines


1. MoD releases draft Defence Production and Export Promotion Policy 2020; aimed at $5 bn
export by 2025
2. IIT Kanpur and DAR & PG sign agreement with MoD for using AI, ML to address grievances
3. Listed entities get 3 years to meet criteria of minimum 25% public shareholding
4. Four more States/UTs linked with One Nation One Ration Card scheme; taking total to 24
5. For the 1st time in India Railways uses NTC machine for track construction
6. Canara Bank Partnered with 3 insurers to Provide Individual Short-Term Corona Kavach Policy
7. National Bank of Bahrain Selects Infosys Finacle to Digitally Transform its Transaction Banking
Business
8. Sunil ydv SS received the Karmaveer Chakra of United Nations and iCONGO at ReX ConcLIVE
9. RBI Approved Sashidhar Jagdishan as Next MD & CEO of HDFC Bank; will Succeed Aditya Puri
10. IIT Madras with Helyxon Developed First of Its Kind Remote Patient Monitoring Solution for
COVID-19
11. A health assistant robot “Rakshak” designed by the Mumbai Division of Central Railway
12. A COVID prevention kiosk named “UV Baggage Bath” inaugurated at Bengaluru railway station
13. Nobel Peace Prize Winner John Hume Passed Away at 83
14. Padma Bhushan Awardee & Former Arunachal Pradesh Governor Ram D Pradhan passes away
15. Government of AP Signs MoU with Hindustan Unilever Ltd, P&G and ITC to Support Economic
Empowerment of Women
16. DNHDD Launched E-Gyan Mitra Mobile Application for Online Education
17. Two-day international webinar on ‘Lokmanya Tilak – Swaraj to Self-Reliant India’: ICCR
18. Axis Bank unveils AXAA ,an AI powered conversational banking IVR

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