IIT Hyderabad CFHE Fellow launches India’s first ‘Vaccination Clinic’ in Pune in collaboration with Gates Foundation.
Indian Institute of Technology Hyderabad’s Center for Healthcare Entrepreneurship (CfHE) Fellow Mr. Jignesh Patel has launched in Pune a Vaccination on Wheels Clinic, a first-of-its-kind service in India. This is being done in collaboration with the Bill and Melinda Gates Foundation, which provided a grant to Mr. Jignesh Patel under its Grand Challenges Explorations.
Called ‘com’ as they have adopted VOW (Vaccination On Wheels) concept, this clinic will go to schools, colleges and corporates to conduct vaccination camps at their doorsteps. It will offer only vaccination services. It was launched on 15th December 2019 in Pune city’s PCMC area. This unique, unconventional, creative, low-cost and high on convenience model has been designed with the idea of ‘reaching the bottom of the pyramid.’
Jignesh Patel founded Jivika Healthcare to provide this vaccination service
Skill Development Ministry to set up 500 skill hubs and labs in govt schools
Skill Development and Entrepreneurship Ministry has finalized a plan for setting up 500 skill hubs and labs in government schools. It has taken several initiatives to impart skill training to the youth of the country.
The Ministry aims to Skill on a large scale with high Standards in order to achieve its vision of a Skilled India.
PM Modi addresses ASSOCHAM Annual Conference
Prime Minister NarendraModi addressed the annual general meeting of Associated Chambers of Commerce and Industry of India in New Delhi.
The theme of the event was ‘New India Aspiring for a USD 5 trillion economy’. The event was organised on the completion of 100 years of ASSOCHAM.
Ethiopia launches its first satellite
Ethiopia launched its first satellite , a landmark achievement for the country’s space program that caps a banner year for the African space industry.
The launch of the Ethiopian Remote Sensing Satellite (ETRSS) took place at a space station in China.
The launch makes Ethiopia the eleventh African country to put a satellite into space. Egypt was the first in 1998.
Data provided by Ethiopia’s satellite is expected to paint a fuller picture of the country’s agriculture, forestry and mining resources and improve responses to flooding and other disasters.
India, Afghanistan, Iran meet to monitor implementation of Chabahar pact
The second meeting between officials of India, Afghanistan and Iran took place to monitor implementation of the 2016 agreement regarding development and management of the Chabahar port in Iran.
The Chabahar port — being jointly developed by India, Iran and Afghanistan — is considered a gateway to opportunities for trade by the three countries with central Asian nations. It is located on the Indian Ocean in the Sistan and Baluchistan province of Iran.
Banking & Finance
Wipro and Nasscom to upskill 10,000 engineering students in India
Bengaluru-based Wipro Ltd has partnered with the National Association of Software and Services Companies (Nasscom) to train 10,000 students from over 20 engineering colleges in India as part of the ‘Future Skills’ platform
The programme has now been extended to students directly through Future Skills, which is a Nasscom initiative to bridge the industry-academia skill gap and help students keep pace with emerging technologies such as artificial intelligence (AI), big data, cloud computing, cyber security, and internet of things (IoT).
Fitch cuts India’s GDP growth forecast to 4.6% in FY20
Fitch Ratings cut India’s GDP growth forecast for 2019-20 fiscal year to 6 per cent on deterioration in business and consumer confidence.
It affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook
It attributed the downgrade to a shortage of credit availability from non-banking financial companies, and weakening business and consumer confidence.
Fitch, however, estimated the economic growth to recover to 6% in 2020-21 and 6.5% in 2021-2022 with support from easing monetary and fiscal policy and structural measures.
Debt-ridden Air India receives Rs 500-crore guarantee from Centre
The debt-ridden Air India received a guarantee worth Rs 500 crore from the government to secure fresh funds for operational requirements.
Faced with an acute financial crunch, the national carrier had sought Rs 2,400-crore guarantee from the government to raise fresh funds to mainly meet its operational requirements.
The government is likely to invite preliminary bids for the stake sale in Air India.
RBI to buy, sell govt bonds worth Rs 10,000 crore
The Reserve Bank of India (RBI) will simultaneously purchase and sell government securities worth 10,000 crore rupees under a special Open Market Operation (OMO).
Such exercises are done by the central bank when the proceeds from the sale of short-term securities are used to buy long-term government securities or bonds in a bid to bring down interest rates on long-term securities.
RBI stated that the eligible participants should submit their bids and offers in electronic format on the RBI’s Core Banking Solution (E-Kuber) system between 10.30 a.m. and 12.00 noon on 23rd of this month.
ICC extends partnership with UNICEF for 2020 Women’s T20 World Cup
The International Cricket Council (ICC) has announced it has extended its partnership with UNICEF through to the ICC Women’s T20 World Cup 2020 with the focus on empowering women and girls through cricket.
The extension of the partnership will once again see the ICC provide UNICEF with a platform for fundraising to help bring positive change to women and girls and drive awareness for the work that UNICEF does as a global champion for children’s rights in cricket playing nations.
During the ICC Men’s Cricket World Cup, UNICEF raised USD 180,000 as part of One Day 4 Children and this money will go directly to fund a girls’ cricket project in
The ICC and UNICEF partnership commenced in 2015, as part of the ICC’s global community outreach programme‘Cricket 4 Good’. The partnership and public donations continue to bring positive change to children through the programmes in cricket playing nations focused on empowering women and girls in cricket.
AbhinavLohan wins Bengaluru Open Golf Championship
AbhinavLohan lifted PGTI title securing a narrow one-shot triumph at the Bengaluru Open golf championship
It was Lohan’s first title on the TATA Steel PGTI and second win of the year as he had also emerged victorious at the PGTI Feeder Tour event in
Appointment & Resignation
Retired HC judge CV Ramulu named Telangana Lokayukta
Retired high court judge CV Ramulu will be TelanganaLokayukta and V NiranjanRao will be the Upa-Lokayukta. Retired HC judge G Chandraiah will be the State Human Rights Commission (SHRC) chairman.
The selection committees of the Lokayukta and SHRC met under the chairmanship of Chief Minister K Chandrasekhar Rao. The selection committees headed by the CM held a brief meeting and finalised the names. Governor Tamilisai Soundararajan gave her assent to the appointments.
Selection committee members, including Telangana State Legislative Council chairman Gutta Sukhender Reddy, Legislative Assembly Speaker Pocharam Srinivas Reddy, and Opposition leaders in the Assembly and Council Pasha Quadri and Jaffrey attended the meeting.
OYO appoints Ankit Gupta as Chief Operating Officer
OYO Hotels & Homes stated that it has appointed Ankit Gupta as chief operating officer and senior vice president for its coliving, rental homes and self-operated hotel businesses in Indian and South Asia.
Gupta has been appointed as COO & SVP – Frontier Businesses, OYO India & South Asia.
Frontier businesses comprise OYO’s self-operated hotels (OYO Townhouse, Collection O, SilverKey), student housing and co-living and OYO Home businesses.
Ankit Gupta, an alumnus of IIT Bombay, joined OYO India & South Asia from McKinsey & Co where, as a tenured Partner, he was the global leader of their real estate transformation practice
Anand Mahindra to step down as Mahindra Group executive chairman from April 2020
Anand Mahindra will step down as Executive Chairman from April 1, 2020.
With effect from April 1, 2020, Mahindra will transition to the role of Non-Executive Chairman of the board of Mahindra & Mahindra. This is in accordance with the Sebi guidelines
PawanGoenka will be re-designated as Managing Director and Chief Executive from April 1.
As Non-Executive Chairman, Mahindra will serve as a mentor and sounding board for the Managing Director, especially in the areas of strategic planning, risk mitigation and external interface.
Award & Honors
Indian-American scientist Dr. SethuramanPanchanathan to lead National Science Foundation in US
President Donald Trump has picked Indian-American computer scientist SethuramanPanchanathan to lead the prestigious National Science Foundation.
The National Science Foundation (NSF) is a U.S. government agency that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National Institutes of Health (NIH).
Panchanathan is currently the Executive Vice President and the Chief Research and Innovation Officer at the Arizona State University (ASU). He is also the Founding Director of the Centre for Cognitive Ubiquitous Computing at the ASU.
Panchanathanwould succeedfrancecordova. He is currently the executive vice president and the chief research and innovation officer at the arizons state university.
Belgium crowned FIFA Team of the Year, Qatar biggest climber
Belgium have been crowned FIFA ‘Team of the Year’ for the second successive time after a record-breaking year for the global ladder.
World champions France remains in the second place ahead of Brazil in third, the positions they held in December 2018, but the make-up of the year-end top five has changed, said FIFA in a statement.
England climbed one place in 2019 to end the year in fourth, and Uruguay moved up to fifth on the back of a two-spot rise.
Besides accumulating the biggest points haul,Qatar has also jumped a year-high 38 places , followed closely by fellow climbers Algeria (up 32 ranks) and Japan (up 22 places) .
Science, Space & Technology
World’s oldest fossil trees uncovered in New York
Fossilized trees dating back 386 million years have been discovered at an abandoned quarry in New York.
Scientists believe they’ve found a forest so gigantic that it once stretched beyond Pennsylvania from the quarry in Cairo, New York ,nestled in the foothills of the Catskill Mountains.
The finding could increase the understanding of the evolution of trees and how they remove carbon dioxide from the atmosphere. Experts from several British and American universities have spent more than 10 years mapping over 3,000 square meters of the forest, coming to the conclusion that it was home to at least two types of trees: Cladoxylopsidsand Archaeopteris.
The launch of three blockchain-powered distributed applications for government services, insurance, and supplychain management domains.
These comprehensive applications designed as ready-to-subscribe business networks ensure quick deployment, interoperability across disparate systems of value chain stakeholders and a wide variety of use cases involving other digital technologies like IoT, Analytics as well.
They are equipped with predictive return on investment (ROI) analytics for business investments that can be tailored to meet numerous industry-specific needs.
The company stated that enterprises can capitalise on blockchain’s benefits of trust, immutability, and transparency.
Former Kerala Minister Thomas Chandy passes away
Nationalist Congress Party’s Kerala State President and former Minister Thomas Chandy passed away in Kochi
The Kuttanad MLA was undergoing treatment for cancer past few years. He was
Bengaluru: Kannada writer, lexicographer Prof LS SheshagiriRao dies at 94
Kannada writer, critic and lexicographer L S SheshagiriRao breathed his last at his residence in the city.
He was 94 and was suffering from age related complications.
An English professor at Bangalore University, most of his literary output was in Kannada.
His English – Kannada dictionary has been very popular.
He won the central SahityaAkademi award for his work ‘English SahityaCharitre’ and presided over the 74th All India Kannada SahityaSammelana in 2007 held at Udupi.