PM Modi announces police award in Netaji Subhash Chandra Bose’s name

  • Prime Minister Narendra Modi announced an annual award in the name of Netaji Subhash Chandra Bose. 
  • The award is for police and paramilitary forces for commendable contributions in disaster relief operations.

Four Himalayan peaks named after late PM Atal Bihari Vajpayee

  • Four Himalayan peaks located near the Gangotri glacier of the Uttarkashi district have been named after former Prime Minister Atal Bihari Vajpayee.
  • The peaks in question are located near the Sudarshan and Saifi peaks in Raktvan valley, and have been named Atal-1, 2, 3 and 4.
  • The peaks are located at 6,557m, 6,566m, 6,160m and 6,100m on the right flank of Gangotri glacier.

IFC launches $1 billion masala bond programme in US, Europe

  • World Bank’s lending arm, the International Finance Corporation (IFC), has launched its $1 billion masala bond programme in the USA and Europe.
  • The bonds are aimed at funding the rapidly expanding investment activities of IFC in India.
  • Masala bonds are rupee-denominated borrowings which are issued overseas.
  • IFC uses masala bonds to raise rupee funds overseas and brings the proceeds to India for investment.

India’s longest river bridge to be built across Brahmaputra in North East

  • India’s longest river bridge will be built across the Brahmaputra river, connecting Dhubri in Assam to Phulbari in Meghalaya.
  • The 19.3 km, four-lane bridge will cut road travel by 203km and will be built by 2026-27.
  • Currently, vehicles are forced to take a 200km detour using the Naranarayan Bridge, which is 60km upstream.
  • The new bridge will complete the missing link of NH127B from Assam to Meghalaya.

Green Climate Fund approves $1billion for projects in poor countries

  • Green Climate Fund has approved more than 1 billion dollars for 19 new projects to help developing countries tackle climate change.
  • Green Climate Fund is a South Korea-based UN-backed fund.
  • The funding that has been approved includes projects linked to geothermal energy in Indonesia, greener cities in Europe and West Asia, and protection for coastal communities in India.

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