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17 May 2017 Current Affairs

 Posted On : May 20, 2017

17 May 2017 Current Affairs is available now for the users to read.

 

17 May 2017 Current Affairs

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India Ranked Second Most Attractive Destination for Renewable Energy Investment

India has overtaken the US to become the second-most attractive country after China for renewable energy investment, according to a report by UK accountancy firm EY.
In an annual ranking of the top 40 renewable energy markets worldwide in terms of allure, China was ranked at the top, followed by India.
India was ranked third on the last year’s EY renewable energy country attractiveness index (RECAI) behind the US and China.

Plastic Park to be set up in Haryana

A plastic park will be set up in over 75 acre land in Panipat at a cost of Rs 1,500 crore, while a pharma park will be set in over 100 acre land in Karnal.
The plastic park to be set up in Panipat will generate employment opportunities for 30,000 plastic engineers and technicians. Pharma park in Karnal aims to make the country self-sufficient in terms of medicine production, and would help reduce production cost by 30 per cent.

Mukesh Ambani leads Forbes list of Game Changers Businessman

Reliance Industries Chairman Mukesh Ambani leads a Forbes list of ‘Global Game Changers’
Forbes’ second annual Global Game Changers list includes 25 “business leaders” who are unsatisfied with the status quo and always trying to innovate and modify

EPFO’s Citizens’ Charter & E-court system Launched

The Minister of State for Labour & Employment launched EPFO’s Citizens’ Charter 2017 and e-court management system in Bangalore.
Citizens’ Charter 2017 is an attempt to bring transparency and accountability on the part of EPFO and make service delivery system and grievance redressal mechanism more efficient so that it delivers goods and services to its all stakeholders in a time bound manner with a reduced timeline from earlier timeline of 30 days.

Paytm appointed Renu Satti as the new CEO for its payment bank vertical

India’s leading digital wallet player Paytm has received the final licence from the Reserve Bank of India for its payments bank entity. With this, the road is now clear for the Noida-based payments player to start its much-awaited payments bank operations from May 23, 2017.
Paytm has also announced that its long time executive and vice president Renu Satti will be the CEO of the payments bank.