18 June 2017 Current Affairs

DGCA suspends flying licence of Air Carnival

The Directorate General of Civil Aviation (DGCA) has suspended the flying licence of Coimbatore-based carrier Air Carnival, which has not operated a single flight since early April. With this, Air Carnival has become the third regional carrier, after Air Pegasus and Air Costa, whose air operator permit has been suspended by DGCA in the last eight months. The DGCA has suspended Air Operator Permit (AOP) of Air Carnival after it failed to satisfy the regulator in its response to the show-cause notice. The order for suspension of the flying licence of Air Carnival was issued earlier this month.

Pensioners can now subscribe digitally for APY through APY@eNPS

Pension Fund Regulatory and Development Authority (PFRDA) has now introduced “APY@eNPS” which involves a complete digital enrolment process. This is the latest in the series of various initiatives taken by PFRDA for expansion of outreach of Atal Pension Yojana (APY), to give the additional push to cover the as yet unreached population with greater ease. PFRDA has conducted meetings with Banks and Dept of Post at Kolkata, Bengaluru & Mumbai respectively for the earliest roll out of the facility call. The APY was launched by the Prime Minister of India on 9th May 2015 and became operational from 1st June 2015. APY is available for all citizens of India in the age group of 18-40 years.

SBI, Tirumala Milk Products tie up for providing loans to dairy farmers

State Bank of India has entered into a tie-up with Tirumala Milk Products, a South- based company which was acquired by Groupe Lactalis in 2014, to provide loans to dairy farmers who supply milk to the latter. France-based Groupe Lactalis, which also acquired Indore-based Anik Dairy in 2016, wants to double the number of dairy farmers under its fold to three lakh and ramp up the amount of milk it procures daily to 25 lakh litres by 2020 from 14 lakh litres now. Under its scheme for financing dairy units, SBI offers loans for, among others, construction of shed, and purchase of milch animals, milking machine, and chaff cutter.

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