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Important Current Affairs 13th August 2020

National

Paytm launched India’s 1st pocket android POS device

• Paytm has launched India’s 1st Pocket Android POS (Point of Sale) Device named ‘Paytm All-in-One Portable Android Smart POS’ for contactless ordering and payments in India.

• This is the first such Android-based device to be introduced in India and is much more powerful than the portable Linux based POS devices presently available in the country.

• It is an effort to digitise and empower a large number of Small and Medium Enterprises (SMEs). The company aims to issue over 2 lakh devices within the next few months which will generate over 20 million transactions per month.

Union Minister Nitin Gadkari Addresses ‘India@75 Summit: Mission 2022’ for upliftment of MSME

• The Union Minister for Road Transport and Highways Nitin Gadkari addressed the ‘India@75 Summit: Mission 2022’ on 8 August in New Delhi, via video-conferencing.

• The event was organised by the Confederation of Indian Industries (CII) to look towards improving presence of MSME industry in the 115 identified aspirational districts of the country.

Google launches People Cards in India

• Google has launched its new "People Cards" feature in India that let users create their virtual visiting card and build their public profile for search engine. The Google People Cards feature has been in a testing phase for a few years in India and has finally been launched now.

• People Cards is a new listing feature of Google that help users create their virtual Visiting or Business Cards and enhance their online presence.The People Cards feature uses Knowledge Graph of the Google to display information shared by the users.

• Individuals, entrepreneurs, employees, influencers, self-employed people, businesses, online marketplaces, freelancers, and anyone can be benefitted through the People Cards by getting discovered easily on being searched.

PM to launch platform for Transparent Taxation 'Honoring the Honest'

• Prime Minister Narendra Modi is scheduled to launch the platform for Transparent Taxation-Honoring the Honest through video conference on August 13, 2020.

• The Central Board of Direct Taxes, CBDT had carried out several major tax reforms in direct taxes in recent years.

• The Corporate Tax rates were reduced from 30 percent to 22 percent last year and for new manufacturing units, the rates were reduced to 15 percent. The board had also abolished the Dividend distribution Tax.

• The main aim behind the tax reforms is a reduction in tax rates and simplification of direct tax laws.

Awards

Union Home Minister’s Medal for Excellence in Investigation, 2020

• A total of 121 Police personnel have been awarded the “Union Home Minister’s Medal for Excellence in Investigation” for the year 2020.

• The award of “Union Home Minister’s Medal for Excellence in Investigation” seeks to encourage high professional standards of investigation of crime and to recognize such Excellence in Investigation by investigating officers.

Appointments and Resignations

Pramod Bhasin becomes new Chairman of ICRIER

• Pramod Bhasin has been appointed as a new Chairman of Indian Council for Research on International Economic Relations (ICRIER). He is currently the vice-chair of the board of governors at ICRIER.

• He will replace Isher Judge Ahluwalia, who has stepped down due to health reasons. Isher had been in this position for 15 years.

Ranking

Mumbai becomes first Indian city to get female symbol on traffic signage

• Mumbai has become the first city in India to have women symbols on traffic signals and signage, as a symbolic gesture towards gender equality in public spaces..

• The Brihan mumbai Municipal Corporation (BMC) has installed female traffic signals, that display female icons sporting triangular frock, a shift from the default representation of men.

Days

International Lefthanders Day

• The International Left Handers Day is observed on August 13 every year to celebrate the uniqueness and differences of the left handers and raise awareness of the advantages and disadvantages of being left-handed in a predominantly right-handed world.

• The day was first observed in 1976 and was officially declared in 1997.

World Elephant Day

• World Elephant Day is observed every year on August 12 worldwide for the preservation and protection of the global elephants.

• The main objective of World Elephant Day is to create awareness on elephant conservation, and to share knowledge and positive solutions for the better protection and management of wild and captive elephants.

• The day is being officially celebrated since 2012.

Dheeraj 1 Months ago
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