NATIONAL UPDATES:
1.
India signs US$ 500 million loan agreement with World Bank: The Government of India has signed US$ 500 million
loan agreement with the World Bank for the Karnataka Urban Water Supply
Modernization Project.
2.
Government of India renames disability department-‘divyang’ replaces ‘viklang’:
The Department of Empowerment of Persons with
Disabilities will now be known as ‘Divyangjan Sashaktikaran Vibhag’ in Hindi
and dropped the word ‘viklangjan’ from its previous nomenclature.
3. Government revises norms of
Performance in Credit Rating Scheme: The Government of India has approved the revision in guidelines of the
Performance in Credit Rating Scheme which aims to increase its credibility and
effectiveness for both banks and borrowers. Under the revised guidelines, the
fee to be paid to the rating agencies shall be based on the turnover of the
micro and small enterprises which has been categorised into three slabs.
4. Pinarayi Vijayan sworn in as the 12th
Chief Minister of Kerala after the 14th Assembly elections held
recently.
5. UGC approves new norms for deemed
universities: The University
Grants Commission has brought out a new set of regulatory norms for deemed
universities in order to reduce subjectivity and government interference and
focus more on quality. According to the UGC Regulations, 2016, an institution
will be eligible to become a deemed university if it has undergraduate and five
post graduate programmes with research in existence for three years.
6. Rail Hamsafar Saptaah to be launched
to celebrate achievements: Indian
Railways will launch Rail Hamsafar Saptaah from 26th of this month
to 1st June- a week-long celebration to highlight Railway
achievements during the last two years. Each day will focus on a particular
theme and will be observed as Swachchta Divas, Satkar Divas, Sewa Divas,
Satarkata Divas, Saamanjasya Divas, Sanyojan Divas and Sanchaar Divas.
7. Union HRD Ministry to launch ASMITA,
student tracking system: ASMITA is
acronym for All School Monitoring Individual Tracing Analysis and shall be
launched under Shala Asmita Yojana (SAY). SAY aims to track the educational
journey of school students from Class I to Class XII across the 15 lakh private
and government schools in the country.
8. Minsiter of Railways Shri Suresh
Prabhu inaugurated five new activities: The five new projects are New AC Weekly Express train between H.
Nizamuddin and Pune, Expansion of VIKALP Scheme of Alternate Train Reservation
to Delhi-Howrah, Delhi-Chennai, Delhi-Mumbai and Delhi-Secunderabad circuits,
Pilot Project of Sale of Unreserved Tickets through Hand Held Terminals,
Launching of Ergonomically Redesigned and Optimised Tools for Track Gangs,
Keymen and Patrolmen, Pilot project for improving safety at unmanned level
crossing.
9.
Mahindra incorporates Trringo.com as wholly-owned subsidiary.
10. BHEL commissions 800 MW Yeramarus
Thermal Power Station in Raichur, Karnataka.
11. Freecharge names Kunal Shah as
Chairman and Govind Rajan as the new CEO.
INTERNATIONAL UPDATES:
1.
World First Humanitarian Summit held at Istanbul, Turkey: The summit was inaugurated by the UN
Secretary-General Ban Ki Moon and hosted by Turkey’s President Recep Tayyip
Erdogan attended by world leaders of UN member states, including German
Chancellor Angela Merkel.
OTHER UPDATES:
SPORTS:
1.
FIFA’s acting Secretary General Markus Kattner dismissed over bonus payments.
AWARDS:
2.
US Engineer Frances Arnold wins Millennium Technology Prize for her work
‘directed evolution’ in Finland: Directed Evolution is a method of rewriting DNA to improve medicines and
develop green fuels.
OBITUARIES:
3. Newly elected AIADMK MLA S.M Seenivel
passed away at the age of 65.
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