By: D.K Chaudhary
1. Nation Celebrates 69th Republic Day
4. India, Vietnam Release First-Ever Commemorative Stamps
i. The Country celebrates its 69th Republic Day on 26th January in Rajpath, New Delhi to be resplendently displaying the country’s pride and glory. Heads of ten ASEAN countries are chief guests at Republic Day.
ii. The family members of Corporal Jyoti Prakash Nirala (Posthumous) of the Indian Air Force (IAF), who died fighting militants in Kashmir valley, received India’s highest peacetime gallantry award, Ashok Chakra.
2. Kolkata Becomes 1st Indian Metro to get a Floating Market
i. Kolkata has become the first Indian Metro to get a Floating Market. The market will be located on a water-body with boats doubling up as shops. The market, located on the eastern fringes of the city, was inaugurated by West Bengal Chief Minister Mamata Banerjee.
ii. The aim is to rehabilitate over 200 shopkeepers from a nearby market that was demolished for the widening of the Eastern Metropolitan Bypass. The market will host at least 114 boats, each one accommodating two shops.
3. Punjab CM Launches Benefits under ‘Mahatma Gandhi Sarbat Vikas Yojana’
i. Punjab chief minister Amarinder Singh launched the release of benefits under ‘Mahatma Gandhi Sarbat Vikas Yojana’ (MGSVY) aimed at the inclusive growth of the distressed sections of the society.
ii. He appealed to the state’s debt-ridden farmers not to commit suicide since his government was committed to the total implementation of its farm debt waiver scheme by November 2018.
4. India, Vietnam Release First-Ever Commemorative Stamps
i. India and Vietnam released first ever set of commemorative postage stamps to mark the long-term friendly bilateral relationships between the two countries.
ii. The stamp was released by AN Nanda, Secretary, Department of Posts. The two set of stamps released carry picture of Sanchi Stupa and Thien Mu Pagoda.
ii. The stamp was released by AN Nanda, Secretary, Department of Posts. The two set of stamps released carry picture of Sanchi Stupa and Thien Mu Pagoda.
- Vietnam Capital- Hanoi, Currency- Vietnamese dong.
5. Small Finance and Payments Banks to Offer Atal Pension Yojana
i. The Ministry of Finance has announced that “Payments Banks and Small Finance Banks” will offer social security scheme Atal Pension Yojana (APY) to their subscribers. It was done to strengthen the existing channels of APY distribution.
ii. According to the Ministry, currently, there are 11 Payments Banks and 10 Small Finance Banks that have received the license from the Reserve Bank of India (RBI) to start their operations.
About Atal Pension Yojana (APY) in brief-
- The APY was launched by Prime Minister Narendra Modi on May 9, 2015.
- It is the first ever guaranteed pension product, open to all citizens between the ages of 18 and 40 years.
- It provides a minimum guaranteed pension of Rs1,000 to Rs5,000 per month, after the age of 60 years, depending on the monthly contribution made by a subscriber.
