Top Best Current Affairs 14 September 2020

The Union Minister of External Affairs S Jaishankar co-chaired the ASEAN-India Ministerial Meeting on 12 September 2020, with his Thailand counterpart Don Pramudwinai. The virtual meeting saw the participation of Foreign Ministers of the 10 ASEAN Member States and India. The new ASEAN-India Plan of Action for next five years (2021-2025) was adopted at the meeting.

Securities and Exchange Board of India which is responsible for regulating the Indian market in order to revamp its IT infrastructure network and communication system shortlisted top companies which includes, Bharti Airtel and Wipro and others.

The Ministry of Housing and Urban Affairs (MoHUA) has launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0. The framework comprise of 28 indicators across five categories.

Ratings agency Moody's has projected the GDP growth rate for India to contract 11.5 percent in the fiscal 2020-21 (FY21) due to the coronavirus pandemic.

Manoj Sinha, Lieutenant-Governor of Jammu and Kashmir recently launched a new grievance redressal portal. The newly launched portal will be linked to the Union government's grievance mechanism. About the grievance redressal system An effective grievance redressal mechanism is the lifeblood of any good governance system and the aforesaid mechanism must be the top priority.

The Chief Minister of Odisha, Naveen Patnaik launched a new scheme named 'GARIMA' which aims to ensure the economic safety and social dignity of core sanitation workers in the state.

Jane Fraser will become the first woman to lead a major financial institution in the United States when she takes the reins at Citigroup, the country's third-largest bank. Ms. Fraser, who has been at Citi for 16 years and runs its biggest global division, the consumer bank catering to individual customers, will succeed Michael Corbat as chief executive.

Domestic rating agency CARE Ratings said the country's economy is likely to see a sharper contraction of 8-8.2 per cent in the current financial year compared to a decline of 6.4 per cent it had projected earlier.