1. UAE Cabinet approved issuance of 5-Year multi-entry tourist visa
For all nationalities visiting the country, the UAE Cabinet has authorized the issuance of a five-year multi-entry tourist visa. The move appears in a bid to support the UAE’s tourism economy, and affirm the country’s position as a global tourist destination.
- The decision was addressed during the Cabinet’s first meeting of 2020.
- The country hosts 21 million tourists annually and it intends to establish the country as a major global tourist destination.
2. 2nd round of Intensified Mission Indradhanush- 2 began
In 35 districts of Uttar Pradesh, the second phase of Intensified Mission Indradhanush 2.0 rolled out at the block level.
- The aim of the program is to achieve 90 percent vaccination coverage in children of less than 2 years in the state which is launched by the central government in 2017.
- First-round was performed in December last year.
- The next round will be performed in February and March months and will cover 425 blocks of 73 districts of the state.
3. Centre approved Rs 5,908 crore to seven states for calamity damage relief
The Centre has approved the release of Rs 5,908.56 crore to seven states, including Uttar Pradesh, Assam, and Karnataka like assistance for the damage caused due to various calamities last year.
- The decision was considered at a meeting of a high-level committee (HLC), chaired by Union Home Minister Amit Shah.
- Rs 616.63 crore will be transferred to Assam, Rs 1869.85 crore to Karnataka, Rs 284.93 crore to Himachal Pradesh, Rs 1749.73 crore to Madhya Pradesh, Rs 63.32 to Tripura, Rs 956.93 crore to Maharashtra, and Rs 367.17 crore to Uttar Pradesh for floods or landslides or cloudburst during the 2019 southwest monsoon.
- The government has released Rs 8,068.33 crore to 27 states as central share from the State Disaster Response Fund (SDRF) during 2019-20.
4. Uttar Pradesh becomes first state to kickstart implementation of CAA
Uttar Pradesh is ready to grow as the first state in the country to start the exercise of shortlisting migrants from Bangladesh, Pakistan, and Afghanistan, eligible for citizenship under the new Citizenship Amendment Act (CAA).
- The exercise will also recognize those who are residing illegally in the state.
- All 75 district magistrates were asked to track down migrants from Bangladesh, Pakistan, and Afghanistan who have settled here for decades, without citizenship.
5. Piyush Goyal introduces National Stock Exchange knowledge hub
In New Delhi, Commerce and Industry Minister, Piyush Goyal has inaugurated National Stock Exchange (NSE) Knowledge Hub.
- India comes up as the second-largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.
- He hoped that the knowledge hub created by NSE in the national capital will fill in these gaps and help the financial sector to move into the future.
- The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.
6. Two Indian banks to terminate operations in Sri Lanka
The Central Bank of Sri Lanka has permitted Indian private sector lenders Axis Bank and ICICI Bank to close their operations in Sri Lanka.
- The licenses issued to them will be cancelled once the winding-up operations are complete.
- The two banks are no longer permitted to carry on banking operations, including accepting deposits from the public.
7. Karur Vysya Bank CEO & MD PR Seshadri resigned
Karur Vysya Bank Ltd said that its Managing Director & CEO P R Seshadri has submitted his resignation citing personal reasons.
- Board of Directors of the Bank in their meeting has accepted the resignation of P R Seshadri.
- As per his request, he will be freed from the services of the Bank at the close of working hours on 31st March 2020.
8. Andhra Pradesh government initiated the Dr. YSR Aarogyasri scheme
Andhra Pradesh state government has launched the Dr. YSR Aarogyasri scheme, inaugurated by Andhra Pradesh Chief Minister YS Jagan Mohan Reddy at Eluru in West Godavari district, Andhra Pradesh. This is the second welfare scheme that the government has launched in 2020
The scheme aims to provide free medical treatment to the poor. The services will be extended to each district from April 2020 onwards.
9. Arun Kumar Sahu as the next High Commissioner of India to Dominica
IFS officer Arun Kumar Sahu has named as the next High Commissioner of India to the mountainous Caribbean island of Dominica. He will be dwelling in Port of Spain. The appointment was confirmed by the Ministry of External Affairs (MEA). Currently, Arun Kumar Sahu is working as the High Commissioner of India to the Republic of Trinidad and Tobago.
Arun Kumar Sahu:
Arun Kumar Sahu is an Indian Foreign Service (IFS) officer of batch 1996. He is an alumnus of Ravenshaw University in Cuttack and Chandra Sekhar Behera Zilla School in Sambalpur. He possessed a Master’s Degree in War in Modern World from King’s College London and a Master’s degree in Linguistics from Jawaharlal Nehru University, New Delhi. He was worked as the Deputy High Commissioner in the High Commission of India, Ottawa. He also worked as the Joint Secretary, Ministry of External Affairs and Deputy Director-General, Indian Council for Cultural Relations.