October 2021 | Page 6 of 90

Union govt appoints veteran banker K V Kamath appointed as chairperson of NaBFID

The finance ministry appointed veteran banker K.V. Kamath as the chairman of the newly constituted development finance institution National Bank for Financing Infrastructure and Development (NaBFID). Kamath is a well-known banker in India and is the first head of the New Development Bank (NDB). NaBFID is a newly set up development financial institution (DFIs) in India. It has […]

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RBI approves appointment of Baldev Prakash as MD & CEO of J&K Bank

The Reserve Bank of India (RBI) approved the candidature of Baldev Prakash as Managing Director and Chief Executive Officer of Jammu and Kashmir Bank for a period of 3 years from the date of taking charge or April 10, 2022, whichever is earlier, the bank said, reported Kashmir Reader. The actual date of appointment of Baldev

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Union Minister Mansukh Mandaviya addresses CII Asia Health 2021 Summit

Union Minister for Health and Family Welfare, Dr. Mansukh Mandaviya addressed the inaugural session of the CII Asia Health 2021 summit on October 28, 2021. The theme of the summit is ‘Transforming Healthcare for a better tomorrow‘. The Confederation of Indian Industry (CII) has organised the summit to provide a centralized forum to deliberate on

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Indigenously-built Indian Coast Guard Ship ‘Sarthak’ dedicated to the Nation

The Indian Coast Guard received a shot in the arm with the commissioning and dedication of ICGS Sarthak– a 105 m long offshore patrol vessel (OPV) that was dedicated to the nation at the Goa Shipyard Ltd on October 28, 2021. It will be based at Porbandar in Gujarat. The indigenously built ship was commissioned by the

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Govt reconstitutes seven-member EAC-PM; Head- Bibek Debroy

The government has reconstituted the seven-member Economic Advisory Council to the Prime Minister (EAC-PM) by inducting three new members while dropping economist V. Anantha Nageswaran from the council. Bibek Debroy continues to be the Chairman of the Council. EAC-PM has been reconstituted for a period of 2 years. Rakesh Mohan, Poonam Gupta, TT Ram Mohan, Sajid Chenoy, Neelkanth Mishra and

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Raksha Rajya Mantri flags off NIMAS multidimensional adventure sports

Raksha Rajya Mantri Shri Ajay Bhatt flagged off the upcoming National Institute of Mountaineering & Allied Sports (NIMAS) multidimensional adventure sports expedition to Europe, in New Delhi on October 27, 2021. NIMAS will conduct this expedition in Chamonix, France in November 2021, which is considered the adventure capital of Europe. Locations for the expedition are Alps

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Supreme Court appoints Panel to Probe Pegasus Use in India

Supreme Court has appointed a three-member committee to look into allegations of unauthorized surveillance using Pegasus, spyware developed by Israeli firm NSO Group. The three-member expert panel, supervised by a retired SC judge, will also ascertain details of people targeted by the military-grade Israeli spyware. Committee members: Naveen Kumar Chaudhary, Prabaharan P, Ashwin Anil Gumaste. It will

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Ministry of Education notifies Four Year ITEP from 2022-23

Ministry of Education has notified Four Year Integrated Teacher Education Programme (ITEP). MoE notified about the dual-major holistic bachelor’s degree offering BA-Bed and BSc-Bed, which is one of the major important points of the National Education Policy (NEP) 2020 which is related to teacher education. As per NEP, 2020, teacher engagement will be only through ITEP. It

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Govt reconstitutes EAC-PM for a two-year period under B Debroy as head

The government has reconstituted the economic advisory council to the Prime Minister (EAC-PM) for a period of two years with Bibek Debroy as the head. Other part-time members: Rakesh Mohan (Former deputy governor of RBI) Poonam Gupta TT Ram Mohan J P Morgan Sajjid Chenoy Neelkanth Mishra CEO Nilesh Shah Council will analyses any issue, economic or

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Expenditure Finance Committee approves Nag River revitalization project

Expenditure Finance Committee (EFC) of the Department of Expenditure has approved the Rs 2,117 crore Nag River revitalization project in Nagpur, Maharashtra It was conceptualized by Union Minister for Road Transport and Highways Nitin Gadkari. This ambitious project includes the construction of three STP projects, a 500-kilometer sewerage network, a pumping station, and community toilets will be constructed. This

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