The Daily Brief- 27th January 2018

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  • Kolkata became first metro city in India to get floating market. It was inaugurated by West Bengal Chief Minister Mamata Banerjee.
  • The Union Finance Ministry has relaxed norms of Atal Pension Yojana (APY) to allow small finance banks and payment banks to offer APY distribution. At present 233 Banks and Department of Post are involved with the implementation of the scheme. With relaxation of the norms, now 11 Payment Banks and 10 Small Finance Banks (SFBs) can also offer APY distribution.
  • Punjab Government has launched Mahatma Gandhi Sarbat Vikas Yojna (MGSVY) for the welfare of the downtrodden citizen across the state.
  • India has announced to host informal Ministerial meeting of World Trade Organisation (WTO) in March 2018 in New Delhi to muster support for issues and also help to multi-lateral process.
  • India-Japan Smart Grid Pilot Project was inaugurated Panipat, Haryana by State Chief Minister Manohar Lal Khattar in the presence of Japanese Minister Keniko Sen.
  • Alpha Design Technologies Ltd. has signed Rs. 45-crore deal with Ministry of Defence to supply indigenous simulators for gunnery and missile firing from BMP II vehicles to Indian Army.
  • Mehul Garg, aged 10, in United Kingdom became youngest applicant in decade to achieve highest score in Mensa IQ test, beating people like Einstein and Hawking.

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