Current Affairs 22nd August 2020| Current Affairs News

 CURRENT AFFAIRS: NATIONAL

Niti Aayog suggests linking sugarcane prices to sugar rates

  • Niti Aayog task force has recommended linking sugarcane prices to sugar rates.
  • The report of the panel on “Sugarcane and Sugar Industry”, headed by Niti Aayog Member (Agriculture) Ramesh Chand, was finalised in March 2020.
  • The task force feels that linking sugarcane prices to sugar prices will prevent the problem of cane arrears and keep the sugar industry in sound financial health.
  • The task force has also recommended the central government to give incentive to sugarcane farmers to shift to another crops.
About NITI Aayog
  • Formed: 1 January 2015
  • Headquarters: New Delhi
  • Chairperson: Narendra Modi
  • CEO: Amitabh Kant

CURRENT AFFAIRS: INTERNATIONAL

MEA in partnership with Foreign Ministry of Thailand organize 6th Round Table of AINTT

  • The Ministry of External Affairs in partnership with the Foreign Ministry of Thailand has organized the 6th Round Table of ASEAN-India Network of Think Tanks (AINTT). The theme of the two day Round Table which was conducted through video conferencing was ‘ASEAN-India: Strengthening Partnership in the Post COVID Era’.
  • It was jointly inaugurated by External Affairs Minister Dr. S. Jaishankar and the Deputy Prime Minister and Foreign Minister of Thailand Mr. Don Pramudwinai. ASEAN Secretary General Mr. Lim Jock Hoi also addressed the inaugural session.
  • More than 400 people from academia, industry, government and diplomatic community attended the Round Table.
  • The ASEAN-India Round Table comprising think tanks, policy makers, scholars, media and business representatives was established at the 7th ASEAN-India Summit in Thailand in 2009 to provide policy inputs to Governments on future direction of cooperation.
About Thailand :
  • Capital: Bangkok
  • Currency: Baht
About Ministry of External Affairs:
  • Headquarters: New Delhi
  • Subrahmanyam Jaishankar: Minister of External Affairs
  • Constituency: Gujarat
  • Muraleedharan: Minister of State for External Affairs 

CURRENT AFFAIRS: BANKING AND FINANCE

KVG Bank inks pact with SBI General Insurance

  • The Dharwad-headquartered Karnataka Vikas Grameen Bank (KVGB) and SBI General Insurance Co Ltd have signed an MoU to sell general insurance products through the branches of KVGB.
  • The customers of KVGB will get access to bouquet of products that can cover their health, home, motor, property through the range of solutions that the company offers.
  • The bank is committed to rural development and to bring an improvement of the social fabric of rural people, apart from undertaking its usual business.
About KVGB
  • Headquarters: Dharwad
  • Chairman: P Gopi Krishna