Current Affairs of 15 August

1. Prime Minister Narendra Modi announced a new campaign ‘Start-up India; Stand up India’
Prime Minister Narendra Modi today announced a new campaign ‘Start-up India; Stand up India’ to promote bank financing for start-ups and offer incentives to boost entrepreneurship and job creation.
He also promised to do away with the current practice of interview-based selections for low-skilled government jobs.
The Prime Minister announced the ‘Start-Up India’ initiative, which would encourage entrepreneurship among the youth of India.
From the Red Fort, he said each of the 1.25 lakh bank branches should encourage at least one Dalit or Adivasi entrepreneur and at least one woman entrepreneur.

“We are looking at systems for enabling start-ups. We must be number one in start-ups... Start-up India; Stand up India,” he said, exhorting all bank branches to fund at least one start-up of tribals and dalits.

The initiative, Modi said, would give a new dimension to entrepreneurship and help in setting up a network of start-ups in the country.
As part of the Skill India and Digital India initiative, the Prime Minister said a package of incentives will be given to manufacturing units for generating jobs.
Modi also questioned the practice of “interviews” for recruitments even at relatively junior levels and asked departments concerned to end this practice at the earliest and promote merit by recruiting only through transparent, online processes.
The Prime Minister reiterated his government’s resolve to make India a developed nation by 2022, with a house and access to basic services like electricity to all.
Talking about the financial inclusive programme Jan Dhan, he said 17 crore bank accounts were opened. Although these were to be zero-balance accounts, people deposited a whopping Rs. 20,000 crore in them, reflecting the “richness of India’s poor”, he added.
The Prime Minister also spoke of the welfare schemes launched by the his government, including Atal Pension Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Jeevan Jyoti Yojana, and the schemes launched for labour welfare.
He said 10 crore people have enrolled for social security schemes in a mere 100 days.
He said the government has resolved to provide electricity to all the 18,500 villages which still remain without power within the next 1,000 days. He also reiterated his vision for the development of eastern India.

2. Boxing Coach Swatantra Raj Singh recommended for Dronacharya award
 Boxing Coach Swatantra Raj Singh has been recommended for the prestigious life time achievement Dronacharya award 2015. Along with Singh, Nihar Amin (Swimming) and Harbans Singh (Athletics) also have been chosen for this year’s Dronacharya award. Their names were finalised by the award selection committee meeting presided by former Olympic Badminton Player Dipankar Bhattacharya and comprised of Woman Swimmer Bula Chaudhry and Woman Athlete Chaini Wilson.

3. Taj Mahal beats the Red Fort this Independence Day, makes its debut on Twitter
Taj Mahal on Saturday became one of the first historical monuments in the world to have a Twitter account of its own. The Mughal monument made its debut on the microblogging site with the State Chief Minister Akhilesh Yadav launching the official Twitter handle @TajMahal on the Independence Day in Lucknow.
The irony of it all is that the historical launch could not be organised at Taj Mahal in Agra as desired by personnel associated with Twitter because of permission issue from the Archeological Survey of India, sources told The Hindu.
Hours after its Twitter debut, @TajMahal got thousands of followers and a new trend named #MyTajMemory began. Soon, many users tweeted pictures of their visit to the Taj, tagging the page.

4. Smith replaces Clarke as Australian captain
Cricket Australia confirmed the expected on Friday- Steve Smith will replace the retiring Michael Clarke as test captain.
Opening batsman David Warner will be the deputy.
Clarke will retire after the fifth Ashes test which starts on Thursday at The Oval in London. England regained the Ashes 3-1 by winning the fourth test at Trent Bridge inside three days.
Smith had already become the country’s 45th test captain last year when Clarke missed three tests due to hamstring surgery and back issues.

5. Sania gets Khel Ratna, 17 others get Arjuna award
Sania Mirza’s name was on Friday officially approved for the coveted Rajiv Gandhi Khel Ratna award, becoming only the second tennis player to be nominated for the highest sporting honour.
Arjun Award Winners
1. Naib Subedar Sandeep Kumar - Archery
2. Ms. M.R. Poovamma - Athletics
3. Mr. Kidambi Srikanth Nammalwar - Badminton
4. Mr. Mandeep Jangra - Boxing
5. Mr. Rohit Sharma - Cricket
6. Ms. Dipa Karmakar - Gymnastic
7. Mr. Sreejesh P.R. - Hockey
8. Mr. Manjeet Chhillar - Kabaddi
9. Ms. Abhilasha Shashikant Mhatre - Kabaddi
10. Mr. Sawarn Singh - Rowing
11. Mr. Anup Kumar Yama - Roller Skating
12. Mr. Jitu Rai - Shooting
13. Shri S. Sathish Kumar - Weightlifting
14. Mr. Bajrang - Wrestling
15. Ms. Babita Kumari - Wrestling
16. Ms. Yumnam Sanathoi Devi - Wushu
17. Mr. Sharath M. Gayakwad - Para-Swimming

6. Prime Minister Narendra Modi to Undertake 2-Day Visit to UAE Tomorrow
Prime Minister Narendra Modi will arrive in Abu Dhabi tomorrow on a two-day trip, packed with a string of engagements high on substance and symbolism, including talks with the leadership of world's second largest Arab economy and an address to the Indian diaspora, which forms 30 per cent of UAE's population.
During his visit, first by an Indian Prime Minister in 34 years, Mr Modi will seek to enhance cooperation in energy and trade and reach out to investors to hardsell India as an attractive business destination.
Given that late Indira Gandhi was the last Indian Prime Minister to have visited United Arab Emirates in 1981, Mr Modi's trip is being seen as an opportunity to boost India-UAE ties in key areas of trade and security.
Mr Modi, ahead of his visit, described UAE as a "valued partner". This fact, he said, was reflected in India being UAE's second largest trading partner, while the Arabian nation comprising seven Sheikhdoms was the third largest trading partner for the country.
The Prime Minister also lauded the immense contribution made by over 2.5 million Indians, who have made UAE their home, and said he was looking forward to meeting the large diaspora.
They remit more than $13 billion annually. The 2.6 million-strong Indian community constitutes nearly 30 per cent of UAE's population.
Abu Dhabi will be the first port of call for the Prime Minister, who will hold extensive talks on Monday with Crown Prince Sheikh Mohamed bin Zayed Al Nahyan.

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