1)NITI Aayog’s SATH Program launched in Assam:-
SATH (Sustainable Action for Transforming Human capital) Program was launched in in Guwahati, Assam.
The SATH program aims to provide structured support to Assam in identifying key health priorities and implement the solutions towards transforming the health and improving the well-being of people of state.
The program will be implemented by NITI along with McKinsey & Company and IPE Global consortium, who were selected through a competitive bidding process.
The vision of SATH program is to initiate transformation in education and health sectors.
2)Masala Bonds were in News because from now on they will be treated as External Commercial Borrowings.
What are MASALA BONDS:-The Masala bonds refer to rupee-denominated bonds through which Indian entities can raise money from foreign markets in rupee, and not in foreign Currency.
Basically, they are debt instruments used by corporates to raise money from investors.
Advantages:-
These bonds are usually traded on the London Stock Exchange (LSE) and not in India.
3)State Bank of India (SBI) along with FTSE Russell, global index and data provider launched FTSE SBI Bond Index series at London Stock Exchange (LSE).
It is India’s first bond index series for overseas investors.
FTSE SBI Bond Index is positioned as first-of-its-kind transparent and reliable benchmark for investors in international markets to analyse India’s government bond market.
4)The Film Federation of India (FFI) has selected Hindi film Newton, a black comedy on foibles of democracy to represent India in Best Foreign Language. at 90th Academy Awards.
5)The Technology of High Speed Railway which Japan is Hsaring with us:-
The SHINKANSEN TECHNOLOGY:
Shinkansen literally means new trunk line that refers to the high-speed rail line network in Japan.
Is High Speed Railway Cost Effective for India ??:-
If we look at the calculations we can say NO.
Last Year Rail Budget has the total Outlay for the entire Indian Railway System = 1.21 Lakh Crores.
HSR Project Cost is alone 1.1 Lakh Crore and that too just for few commuters between two cities.
So We can say that the future prospects for India does not look so bright just because of Bullet Train.
SATH (Sustainable Action for Transforming Human capital) Program was launched in in Guwahati, Assam.
The program will be implemented by NITI along with McKinsey & Company and IPE Global consortium, who were selected through a competitive bidding process.
The vision of SATH program is to initiate transformation in education and health sectors.
2)Masala Bonds were in News because from now on they will be treated as External Commercial Borrowings.
What are MASALA BONDS:-The Masala bonds refer to rupee-denominated bonds through which Indian entities can raise money from foreign markets in rupee, and not in foreign Currency.
Basically, they are debt instruments used by corporates to raise money from investors.
Advantages:-
- The issuance of rupee denominated bonds, protects Indian entity against risk of currency fluctuation, typically associated with borrowing in foreign currency.
- It also helps in internationalization of the rupee and in expansion of the Indian bond markets.
These bonds are usually traded on the London Stock Exchange (LSE) and not in India.
3)State Bank of India (SBI) along with FTSE Russell, global index and data provider launched FTSE SBI Bond Index series at London Stock Exchange (LSE).
It is India’s first bond index series for overseas investors.
FTSE SBI Bond Index is positioned as first-of-its-kind transparent and reliable benchmark for investors in international markets to analyse India’s government bond market.
4)The Film Federation of India (FFI) has selected Hindi film Newton, a black comedy on foibles of democracy to represent India in Best Foreign Language. at 90th Academy Awards.
5)The Technology of High Speed Railway which Japan is Hsaring with us:-
The SHINKANSEN TECHNOLOGY:
Shinkansen literally means new trunk line that refers to the high-speed rail line network in Japan.
Is High Speed Railway Cost Effective for India ??:-
If we look at the calculations we can say NO.
Last Year Rail Budget has the total Outlay for the entire Indian Railway System = 1.21 Lakh Crores.
HSR Project Cost is alone 1.1 Lakh Crore and that too just for few commuters between two cities.
So We can say that the future prospects for India does not look so bright just because of Bullet Train.
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