PIB Summary for UPSC, RBI Grade B: 8th Oct 2021

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Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021, UPSC Civil Services, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.

Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B, NABARD Grade A, UPSC Civil Services however, it is also equally important is to know which PIB Article should be read and which to be left.

The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs

PIB Summary for UPSC, RBI Grade B

Vice President visits Jawaharlal Nehru State Museum in Itanagar, Arunachal Pradesh

PM congratulates H.E. Fumio Kishida for assuming charge as PM of Japan

The Prime Minister Shri Narendra Modi has greeted the members of Indian Air Force and their families on Air Force Day (8th October).

India, Croatia to collaborate for academic research and competency building in traditional medicine systems

  • The Memorandum of Understanding was signed between All India Institute of Ayurveda (AIIA) and Croatia’s Kvarner Health Tourism Cluster. AIIA is an autonomous body under the Ministry of Ayush.
  • A six-member delegation, led by Special SecretaryAyush Shri Pramod Kumar Pathak, were in Croatia to attend the first International Yoga and Ayurveda conference earlier this week.

Government Approves Air India Disinvestment

The Cabinet Committee on Economic Affairs  (CCEA) - empowered Air India Specific Alternative Mechanism (AISAM) comprising of Union Minister for Home Affairs and Cooperation Shri Amit Shah; Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman; Union Minister for Commerce and Industry Shri Piyush Goyal and Union Civil Aviation Minister Shri Jyotiraditya Scindia approved the highest price bid of M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt. Ltd for sale of 100% equity shareholding of Government of India in Air India along with equity shareholding of Air India in AIXL and AISATS.

  • The winning bid is for Rs 18,000 crore as Enterprise Value (EV) consideration for AI (100% shares of AI along with AI’s shareholding in AIXL and AISATS). 
  • The process for disinvestment of Air India and its subsidiaries commenced in June 2017 with the ‘in-principle’ approval of CCEA.
  • Government had kept Reserve price at Rs 12,906 crore.

Government Approves Air India Disinvestment

Launch of I-Sprint’21: IFSCA’s Global FinTech Hackathon Series “Sprint01: BankTech”

International Financial Services Centres Authority (IFSCA) and GIFT City launched I-Sprint’21, the global FinTech Hackathon Series of IFSCA on 7th October 2021

The first Sprint of the series “Sprint01: BankTech” is focussed on FinTechs for the Banking sector.

  • Sprint01: BankTech is hosted jointly by IFSCA and GIFT city in collaboration with NITI Aayog. The Partners to the Hackathon are ICICI Bank, HSBC Bank, iCreate, Zone Startups and Invest-India.

Union Minister for Fisheries, Animal Husbandry & Dairying, Shri Parshottam Rupala launches a nationwide River Ranching Programme in Uttar Pradesh

At the same time, other 4 states namely, Uttarakhand, Orissa, Tripura and Chhattisgarh also participated nationwide River Ranching program launching.

“River ranching programme” is introduced as special activity under PMMSY scheme for augmenting and enhancing the fish production and productivity through expansion, intensification, diversification and productive utilization of land and water.

Department of Fisheries, Ministry of Fisheries has designated National Fisheries Development Board, Hyderabad as the Nodal Agency under Central Sector component of PMMSY for implementing River Ranching across the Country. 

As a Phase –I programme NFDB during 2020-21 has targeted three major river systems namely Ganges and its tributaries, Brahmaputra & Barak river tributaries and Mahanadi & other rivers

  • Accordingly, six major Inland state focusing on length of river belt namely Uttar Pradesh, Tripura, Chhattisgarh, Odisha, Uttarakhand and Bihar were selected along with targeted sites for releasing of fish fingerlings.
  • NFDB sanctioned a total budget of Rs.2.81 crores to ranch 97.16 lakh fingerlings to States as a part of Action plan 2020-21 of PMMSY.

NMCG & WASH Institute Signs MoU For Capacity Building In Faecal Sludge & Septage Management

  • National Mission of Clean Ganga (NMCG) has signed an MoU with Water, Sanitation and Hygiene Institute (WASH Institute) to conduct a series of trainings to enhance the quality of service of officials in Urban Local Bodies (ULBs).
  • The project will be funded by USAID and supported by The Bill and Melinda Gates Foundation
  • It aims to improve preparedness towards FSSM (faecal sludge and septage management) and Wastewater Management in Indian towns and cities.

Smt. Darshana Jardosh, Minister of State for Railways and Textiles dedicated new version of ‘Mile Sur Mera Tumhara’ song to the Nation

  • This song is part of the initiatives being undertaken by Ministry of Railways to celebrate 75th anniversary of India’s Independence- Azaadi Ka Amrit Mahotsav and to showcase Indian Railways’ achievements, developments and integration on pan India basis.
  • This song is a new version of ‘Mile Sur Mera Tumahara’ which was telecast for the first time on Independence Day 1988.

Shipping Minister Shri Sarbanand Sonowal launches ‘MyPortApp’ for digital monitoring of port operations


News Source : Multiple PIB Articles

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