Saturday, August 31, 2019

Current Affairs August 30

New GI Tags

47000 crore released for Afforestation
Image result for forest images


  • Union minister Prakash Javadekar for Environment, Forest, Climate change handed Rs 47,436 crore fund to various states.
  • The funds have been collected as compensation from the industries which has razed forest cover for their business plans.
  • This fund will be utilized in the form of Compensatory Afforestation, Catchment Area Treatment, Wildlife Management, Natural Regeneration, etc. read more
DAY-NULM conferred SKOCH Governance Gold Award
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  • Deendayan Antyodaya Yojana-National Urban Livelihoods Mission(DAY-NULM), a mission under Ministry of Housing and Urban Affairs has conferred the prestigious SKOCH Governance Gold Award.
  • The award is given for it's Portal for Affordable Credit and Interest Subvention Access(PAISA) is an Centralized IT platform launched in November 2018.

Ind-Ra cuts GDP growthforecast in FY20 to 6.7%

  • For the Financial year 2019-20 the country's GDP growth is projecting downwards to 6.7% by the India Ratings and Research.
  • It is six years low from its earlier forecast of 7.3%.

Dindigul lock
  • The famous Dindigul locks of Tamil Nadu gets GI tags.
  • The locks are known for their superior quality and durability, that's why the city Dingul is called Lock city. read more
Kadangi saree
  • Kadangi saree is hand-woven which have a 150 yeats old tradition
  • Its history is related to the business community of Chettiars.
India launches first-ever Facial BSID in the world
Image result for facial recognition technology

  • India became the first country in the world to issue Biometric Seafarer Identity Document(BSID), capturing the facial biometric data of seafarers.
  • The project was taken up in collaboration with the Centre for Development of Advanced Computing(CDAC).
  • The new facial biometric technology is a marked improvement over the two-finger or iris-based bio-metric data, with modern security features.



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