Daily GK Updates - 26th June, 2017

NATIONAL UPDATES:

1. Haryana govt to implement health insurance scheme for poor:The state govt. will implement a health insurance scheme in the state to provide free health services to the poor said the Haryana Chief Minister ManoharLal.The Haryana government will bear the cost of the premium.The state govt. has also promised to establish medical colleges in every district to meet the shortage of doctors in government hospitals.

2. Arunachal Pradesh govt. raises the retirement age of employees to 60 years: As decided by the Arunachal Pradesh Govt. the retirement age of regular state government employees will be increased to 60 from the existing 58.  The matter was under consideration of the state government for past many months and was discussed in the cabinet on two separate occasions.

3. Assam govt to construct 9000 km of roads under PMGSY in next one year: Under Pradhan Mantri Gram Sadak Yojana (PMSSY), the Assam govt. has decided to construct 9 thousand kilometers of roads in the next one year.720 new bridges will be constructed and another 1000 wooden bridges will be converted to reinforced concrete or RCC during this period.

4. Big Boost to Skill India Mission: USD 250-million loan from World Bank: The World Bank has cleared a USD 250-million loan for the Skill India Mission. The USD 250-million Skill India Mission Operation (SIMO), approved by the World Bank board of executive directors, will increase the market relevance of short-term skill development programmes (3-12 months or up to 600 hours) at the national and state level. The mission aims at making Indian youth more employable through reskilling.

5. HRD Ministry appoints panel to work on new education policy: To work on a New Education Policy a new nine-member panel has been appointed by The Union Human Resource Development (HRD). The panel will be headed by space scientist K Kasturirangan. Expected to recast India's education, the experts and educationists have been chosenfrom wide-ranging backgrounds policy.The panel has been appointed keeping in mind that the members bring expertise related to the diverse areas of education.

INTERNATIONAL UPDATES:

1. International Day Against Drug Abuse and Illicit Trafficking observed worldwide:  To raise awareness of the major problem that illicit drugsrepresent to society and particularly to young people, The United Nations (UN) International Day Against Drug Abuse and Illicit Trafficking is observed every year on 26th June. The theme for 2017 is ‘Listen First - Listening to children and youth is the first step to help them grow healthy and safe’.

2. China releases Nobel Laureate Liu Xiaobo: After being diagnosed with terminal liver cancer last month, China’s jailed Nobel peace prize laureate Liu Xiaobo has been granted medical parole. Liu, who has about three years of his 11-year sentence to serve, was diagnosed on May 23 and was released days later, said lawyer Mo Shaoping. The 61-year-old democracy campaigner was being treated at a hospital in the north-eastern city of Shenyang.

OTHER UPDATES:

BANKING & FINANCE:

1.IDFC appoints Sunil Kakar as MD & CEO for 3 years: Appointment of Sunil Kakar as the Managing Director (MD) and CEO of the company is being by the board of directors of IDFC Ltd for the next 3 years with effect from July 16, 2017. Prior, Kakar had worked with Max New York Life Insurance Company since 2001 as CFO. Earlier, the board has approved the resignation of veteran banker ‘VikramLimaye’ from the post of MD and CEO who is set to join leading stock exchange NSE as its new Managing Director and CEO.

2. RBI says banks have no liability for loss of valuables kept in their lockers: In response to a Right to Information query,The Reserve Bank of India has said that public sector banks have no liability for theft of valuables kept in their lockers, reported PTI. The unanimous reason given by the RBI and 19 other PSU banks is that the relationship they have with customers with regard to lockers is that of “lessee (landlord) and lessor (tenant)

SPORTS:

3. Yashaswini wins gold in ISSF Junior World Championship:At the women's 10-meter air pistol event in the ISSF Junior World Championship Rifle/Pistol competition in Suhl, Germany, India's Yashaswini Singh Deswal has won a gold. Her effort helped India consolidate their second position in the medals tally with two gold, one silver, and one bronze.India also won a team bronze in the men's 10-meter pistol event.