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Important Current Affairs 20th September 2020

National

J&K Lieutenant Governor Manoj Sinha announces 1350 crore relief package for traders

• In the Union Territory of Jammu and Kashmir, Lieutenant Governor Manoj Sinha announced an economic package of Rs 1350 crore for Jammu and Kashmir in a bid to boost the business and the other ailing sectors that have suffered huge losses for several years in the newly formed Union Territory.

• This is additional to the benefits of Atma Nirbhar Bharat and other measures taken by the government to comfort the business community.

• The state government has been decided to give 5% interest subvention to every borrower from the business community, without any conditions for six months in the current financial year.

Government gives one-year extension to Company Law Committee

• The ministry of corporate affairs has extended the tenure of the Company Law Committee by one year to September 2021.

• The committee, constituted in September 2019, is now chaired by corporate affairs secretary Rajesh Verma.

• It was set up to suggest measures to de-clog and improve functioning of the National Company Law Tribunal (NCLT) and make recommendations on various issues pertaining to implementation of the Companies Act as well as the Limited Liability Partnership Act.

Banking and Economy

Canara Bank introduces i-Lead 2.0 to boost customer services

• Canara Bank has launched a lead management system(LMS) named as i-Lead 2.0(Inspiring Leads System version 2.0).

• The initiative aims that each and every customer gets their banking needs covered, irrespective of where they are based, urban or rural.

• Customers can use internet banking, mobile banking, call center, SMS and missed call services to enquire and get services rendered to them. They can also use the CANDI mobile app of Canara Bank.

Awards

Udit Singhal named in UN’s 2020 list of Young Leaders

• Indian teenager Udit Singhal has been named in the 2020 Class of 17 Young Leaders for the Sustainable Development Goals (SDGs). He has been named in the 2020 list of young leaders who promote sustainable development goals.

• Udit Singhal is the founder of Glass2Sand, an initiative that is based on a zero-waste ecosystem to tackle the challenge of glass waste in Delhi.

Margaret Atwood wins 2020 Dayton Literary Peace Prize

• Margaret Atwood (Canada) has won the 2020 Dayton Literary Peace Prize’s lifetime achievement award.

• The award celebrated the power of literature in fostering peace, social justice and global understanding. It is a United States literary award

• Margaret Atwood is famous for her novel, “The Handmaid’s Tale”.

Sports

ITF Renames Fed Cup as Billie Jean King Cup

• The International Tennis Federation (ITF) has renamed the Fed Cup, an annual team competition in women tennis, as the “Billie Jean King Cup.”

• Billie Jean King was a pioneer in women’s tennis who helped the United States win the inaugural event.

• The Billie Jean King Cup is the world’s largest annual women’s international team sports competition in terms of the number of nations that compete.

Days

International Coastal Cleanup Day

• The International Coastal Cleanup Day is being celebrated on 3rd Saturday of September of every Year. This year September 19 was celebrated as the International Coastal Cleanup Day to encourages people to clean beaches, remove the garbage plaguing it

• The theme of this year is “Achieving a trash free Coastline”.

Books and Authors

Barack Obama’s first presidential memoir, ‘A Promised Land,’ to hit stands in November 2020

• Former US President Barack Obama has announced his first presidential memoir titled  “A Promised Land.”

• A Promised Land is the first of two volumes of the book. This volume tells about his early political life, his presidential campaign in 2008, and ending with the death of Osama bin Laden in 2011.

• The 768-page book will be published in November 2020 by Penguin Random House and is scheduled to be released on November 17, 2020 in 25 languages.