Top Best Current Affairs 12 July 2020 (2)

The Asian Development Bank (ADB) , a regional development bank, will help India and 9 other Asian nations to ensure quality education for the out-of-school and at-risk children in the primary level. In its preliminary effort, ADB has entered into a 5-year agreement with Qatar-based Education Above All (EAA) Foundation to work jointly for project worth of $100 million to put at least 3.2 lakh out-of-school children, including refugees and internally displaced children into quality primary education.

Indian Space Research Organisation (ISRO) is set to launch the Amazonia - 1 onboard the Polar Satellite Launch Vehicle (PSLV) as a primary payload by August 2020. Amazonia -1 is Brazil's first satellite for Earth observation - designed, assembled and tested in Brazil.

Securities and Exchange Board of India (SEBI), the regulator of the securities and commodity market in India, has reconstituted the committee advising it on matters related to regulation and development of the mutual fund industry by including five new members. The new 20 member committee, will be chaired by Usha Thorat, former deputy governor of Reserve Bank of India (RBI).

Cabinet of Uttar Pradesh (UP) Government chaired by Chief Minister Yogi Adityanath approved the new startup policy - Uttar Pradesh Startup Policy 2020 to increase the job opportunities and employment in Uttar Pradesh by promoting the developing units in agriculture, health, power, education, tourism and transport sectors.

T-Hub announced their partnership with the Ministry of Electronics and Information Technology (MeitY) and Digital India to lead the scale up program of Digital India for hardware and Internet of Things (IoT) startups and to support the startups with investments and market access.

Flipkart and the Department of Micro, Small & Medium Enterprises (MSME) and Mines of Government of Karnataka signed a Memorandum of Understanding (MoU) under Flipkart Samarth Programme to promote the arts, crafts and handloom sector of Karnataka by providing market access through e-commerce platform and to increase the local business.

Mastercard has announced that it will invest Rs 250 crore (USD 33 million) to support Indian Small and Medium Enterprises(SMEs) to enable the SMEs to restart itself and help them in business recovery. SMEs have been hit hardest during the lockdown caused by COVID-19 due to their dependence on the cash-economy and disruption of the supply chain.

India celebrates 10th July every year as the "National Fish Farmers Day" to honor the fish farmers, aquapreneurs& fisher folks in recognition of their accomplishments in the field and their contribution in the growth of the fisheries sector in the country. This year it was 63rd National Fish Farmer's Day.