7th September Current Affairs

India

• Telangana recommends dissolution of Assembly
• The Telangana State Cabinet has recommended the dissolution of the State Legislative Assembly.
• The decision was taken at a meeting of the State Cabinet that was chaired by Chief Minister K Chandrashekhar Rao.

• Elections to the Telangana Assembly were held in April and May of 2014 as part of the polls to the Assembly of the then united Andhra Pradesh

• Govt makes PMJDY open-ended scheme
  • The government decided to make the Pradhan Mantri Jan Dhan Yojana (PMJDY) an open-ended scheme, meaning that it will continue indefinitely.
  • The PMJDY was launched in August 2014 for a period of four years as a national mission for financial inclusion.
  • The government has decided to double the overdraft facility from Rs 5,000 to Rs 10,000.
• Book on Mahatma Gandhi’s ‘Nai Talim’ launched
• A book on experiential learning based on Mahatma Gandhi’s ‘Nai Talim’ (basic education) was released by HRD Minister Prakash Javadekar.
• It contains basic principles of Gandhi’s ‘Nai Talim’, along with the work and education curriculum for schools.

• It has been brought out simultaneously in 13 languages in consultation with the state councils of educational research and training.

Business

• BEL got contract for surface-to-air missiles
  • Bharat Electronics Ltd (BEL) has bagged an order worth Rs 9,200 crore for supply of Seven Long Range Surface-to-Air Missile (LRSAM) systems.
  • BEL has entered into a contract with Mazagon Dock Limited (MDL) and Garden Reach Shipbuilders and Engineers (GRSE) to supply LRSAM systems.
  • The LRSAM will be fitted onboard seven ships to be built by these two shipbuilders.
• Govt approved continuation of IDWH scheme
• The government has approved the continuation of the centrally-sponsored umbrella scheme of Integrated Development of Wildlife Habitats (CSS-IDWH) till 2019-20.

• The main aim of this scheme is to boost tiger and elephant conservation efforts.
• The scheme consists of centrally sponsored schemes of Project Tiger (CSS-PT), Development of Wildlife Habitats (CSS-DWH) and Project Elephant (CSS-PE).

Science

• India ranks 19th in ‘Theft Ranking’
• India stands 19th in the ‘Theft Ranking’ for countries with weapons-usable nuclear materials, according to the Nuclear Security Index.
• The index was released by the US-based Nuclear Threat Initiative (NTI), which is co-chaired by Sam Nunn and Ernest Moni.

• Australia and Switzerland share the top spot among the 22 countries with weapons-usable nuclear materials.

Appointments

• SBI Mutual Fund appoints Ashwani as CEO
• SBI Mutual Fund has appointed Ashwani Bhatia as Managing Director and Chief Executive Officer.
• Bhatia takes over from Anuradha Rao after she returned to State Bank of India (SBI) as Deputy Managing Director.

• SBI Mutual Fund is a joint venture between the State Bank of India and Amundi, a European asset management company