 Prime Minister Narendra Modi dedicated to the nation the 1.33 million metric ton capacity Visakhapatnam Strategic Petroleum Reserve facility at Guntur in Andhra Pradesh. He also inaugurated Oil and Natural Gas Corporation Limited’s Vashishta and S1 development project located in the Krishna-Godavari Offshore Basin. Mr Modi also laid the foundation stone for setting up of a new terminal of Bharat Petroleum Corporation Limited (BPCL) at Krishnapatnam. |
| Source- Press Information Bureau (PIB) |
 Union Minister for Food Processing Industries Harsimrat Kaur Badal laid the foundation stone of a Mega Food Park at Chhata-Barsana road in Mathura. The Park will provide direct and indirect employment to five thousand persons and benefit about 25,000 farmers. The Mega Food Park is being set up in over 57 acre of land at a cost of around 121 crore rupees. The Centre has also approved financial assistance of 50 crore rupees to the project. |
| Source- DD News |
 RBI in the exercise of powers conferred under Section 47 A of the Banking Regulation Act, 1949 has levied a penalty of Rupees one crore on the State Bank of India (SBI) for not monitoring the end use of funds in respect of one of its borrowers. |
| Source- Moneycontrol |
 In a bid to recognize the outstanding performance and to promote a healthy competition by States/UTs, Urban Local Bodies, Beneficiaries and Housing Finance Corporations (under CLSS), Ministry of Housing and Urban Affairs has instituted the ‘PMAY (U) awards for Implementation and Innovation’ under the Mission. The overarching purpose of the PMAY (U) Awards is to identify and reward the “Top Performers” in different categories, to encourage others to compete and attain the goal of ‘Housing for All’ in a sustained manner. |
| Source- Press Information Bureau (PIB) |
 The 13th Conference of Parties (COP) of the Convention on the conservation of migratory species of wild animals (CMS), an environmental treaty under the aegis of United Nations Environment Programme, is going to be hosted by India during 15th to 22nd February 2020 at Gandhinagar in Gujarat. Representatives from 129 Parties and eminent conservationists and international NGOs working in the field of wildlife conservation are expected to attend the COP. |
| Source- Press Information Bureau (PIB) |
 Union Minister of State for Tourism KJ Alphons and Assam Chief Minister Sarbananda Sonowal inaugurated the 2nd ASEAN-India Youth Summit at Hotel Taj Vivanta in Guwahati. Over 100 youth delegates from Vietnam, Laos, Brunei, Philippines, Malaysia, Singapore, Cambodia, Thailand, Myanmar and Indonesia took part in the summit tag-lined Connectivity: Pathway to Shared Prosperity, organised by India Foundation and the Ministry of External Affairs, Government of India. |
| Source- Business Standard |
 India and Bangladesh have signed an MOU for training 1800 Bangladesh Civil Servants at the National Centre for Good Governance (NCGG) an institute under the Department of Administrative Reforms and Public Grievances (DAR&PG), Ministry of Personnel, Public Grievances & Pensions, Govt. of India, over the next 6 years. The MOU was signed between the NCGG and the Ministry of Public Administration, Government of the People’s Republic of Bangladesh during the visit of the Foreign Minister of Bangladesh. |
| Source- Press Information Bureau (PIB) |
 The Institute of Chartered Accountants of India (ICAI) announced that it has signed a pact with Invest India to promote foreign investments in the country and Indian investments abroad. Invest India is a government agency that promotes and facilitates investment in the country. The MoU was signed by ICAI President Naveen N D Gupta and Invest India MD and CEO Deepak Bagla. The objective of the MoU is to provide necessary guidance and advice to the potential inbound and outbound investors and promote India as an investment-friendly destination. |
| Source- The Financial Express |
 The Reserve Bank of India raised the limit of collateral-free agricultural loans to Rs. 1.6 lakh from the current Rs. 1 lakh with a view to help small and marginal farmers. The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution. The Union Budget had also announced measures to boost the farming sector in addition to annual payment of Rs. 6,000 to small and marginal farmers. Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs. 1 lakh. This limit was fixed in the year 2010. |
| Source- NDTV News |
 While exercising powers conferred in Section 5 of Land Revenue Act, the State Government of Jammu and Kashmir issued a notification of creation of Ladakh as 3rd Division in the state. Divisional status would facilitate this region in a great way to progress. Routine administrative clearances for Leh and Kargil can be obtained at Divisional headquarters in Leh. Apart from that, new Division also brings opportunities of employment of different levels in various departments for the locals. |
| Source- Press Information Bureau (PIB) |
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