Current affairs 16 June 2023

NTPC secures 433rd rank in Forbes "The Global 2000"- List for 2023.

• According to the 2023 Forbes' -The Global 2000, India's largest power generation company, National Thermal Power Corporation Limited (NTPC) has climbed 52 positions to secure the 433rd rank in the list.
• In the 2022 ranking, the company was on 485th rank.
• The climb of 52 positions has demonstrated the NTPC's emergence as a strong force in the global market.
• The Global 2000 List recognizes the world's largest companies based on sales, profits, assets, and market value.

Education loans register 17% growth in FY23.

• According to RBI data, the outstanding portfolio under education loans grew 17% at ₹96,847 crore in the year 2022-23 as against ₹82,723 crore in the previous year.
• For the first time in five years, growth in education loans not only turned positive but also registered a 17% surge in the last financial year ended March, 2023.
• The NPA in education advances stood at 7.82% of a total outstanding portfolio of ₹80,000 crore at the end of the first quarter of FY23.

India to host IIAS Annual Conference 2025 at Kochi, Kerala.

• India will host the 2025 International Institute of Administrative Sciences (IIAS) Annual Conference at Kochi, Kerala in February 2025.
• Theme: Next Generation Administrative Reforms – Empowering Citizens and Reaching the Last Mile.
• The hosting decision has been conveyed to the IIAS's Council of Administration via video conference.
• IIAS was established in 1930; HQ: Brussels
• Aim: To elaborate the public administration solutions to the policy challenges of the day

Padma Awardees from Haryana to get Rs 10000 monthly.

• Haryana CM Manohar Lal Khattar has announced a monthly pension of ₹ 10,000 for the Padma awardees from the state.
• Besides the monthly pension, a free travel facility in the 'Volvo bus' service of the state government for Padma Shri, Padma Bhushan and Padma Vibhushan awardees from Haryana.
• The state government is also giving the benefit of health insurance up to ₹ 5 lakh to families with an annual income of up to ₹ 1.80 lakh.

RBI Governor Shaktikanta Das honoured with "Governor of the Year" award.

• The Reserve Bank of India's Governor, Shaktikanta Das was honored with the title of Governor of the Year 2023 by Central Banking in London.
• Reason: For his role in managing inflation and handling India's banking system during crises like the COVID pandemic and global turmoils.
• He is the second RBI governor after Raghuram Rajan, who was honored with this title in 2015.
• While the National Bank of Ukraine was presented with the 2023 Central Bank of the Year.