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  1. PM announces Task Force to prepare action Plan for next three Olympics Games.

Prime Minister Narendra Modi on 26 August 2016 announced the decision to set up a task force to prepare action Plan for the next three Olympics Games. The task force will be set up over the next few days.

The announcement was made at the meeting of the Council of Ministers in New Delhi.

The task force will prepare a comprehensive action plan for effective participation of Indian sports persons in the Olympic Games to be held in 2020, 2024 and 2028. The 2020 Olympic Games will be held in Tokyo.

The task force comprising members in house as well as outside experts will prepare overall strategy for sports facility, training, selection procedure and other related matters.

The decision was made in backdrop of the dismal performance of India at Rio Olympics in which the country was able to win only one silver and one bronze medal after sending the biggest contingent of 118 athletes.


  1. Sri Lankan cricketer Tillakaratne Dilshan announced retirement from International Cricket.

Veteran Sri Lanka batsman Tillakaratne Dilshan on 25 August 2016 announced his retirement from international cricket.

He will play his last ODI in Dambulla on 28 August 2016 against Australia (third of the five-match series). He will play his last T20 international in Colombo on 9 September 2016.

Dilshan, who is most famous for inventing the Dilscoop, had already retired from Test cricket in 2013. He played 87 Tests and scored 5492 runs at 40.98, and also picked 39 Test wickets. Dilscoop is a process of hitting the ball behind the keeper. He also was a Test wicket-keeper.

Highlights of Tillakaratne Dilshan career

  • Dilshan, 39, made his one day debut against Zimbabwe in 1999 and has, so far, played 329 ODIs.
  • He has amassed 10248 runs that include 22 hundreds and 47 half-centuries.
  • He has scored 1884 runs in 78 Twenty20 Internationals, so far.
  • He is only the fourth Sri Lanka batsman and 11th batsman overall to pass the 10000-run mark.
  • His career-best score is 161 not out against Bangladesh in the 2015 ICC Cricket World Cup.
  • An all-rounder, he is also a capable off-break bowler, took 106 ODI wickets, with best figures of 4 for 4 against Zimbabwe in Pallekele in 2011.
  • In 78 T20Is so far, Dilshan has 1884 runs, including a high score of 104 against Australia, in Pallekele in 2011. He took 7 T20Is wicket in his account.


  1. RBI announced interest subvention scheme for Women Self-Help Groups.

Reserve Bank of India (RBI) on 25 August 2016 asked all commercial and Co-operative banks to provide loans to women self-help groups (SHGs) in rural areas at 7 percent per annum.

The laons will be provided for the financial year 2016-17 under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (NRLM) in 250 districts.

Interest subvention scheme for Women SHGs – Year 2016-17

  • All women self-help groups (SHGs) will be eligible for interest subvention on credit up to three lakh rupees at 7 percent per annum.
  • SHGs availing capital subsidy under the Swarnajayanti Gram Swarozgar Yojana (SGSY) in their existing credit outstanding will not be eligible for benefit under this scheme.
  • All banks will be subvented to the extent of difference between the weighted average interest charged and 7%, subject to the maximum limit of 5.5% for 2016-17.

Further, the SHGs will be provided with an additional 3% subvention on the prompt repayment of loans. For the purpose of interest subvention of additional 3% on prompt repayment, an SHG account will be considered prompt payee if it satisfies the following criterion as specified by RBI.

National Rural Livelihoods Mission (NRLM)

NRLM (Aajeevika) was launched by the Union Ministry of Rural Development (MoRD) in June 2011. In 2015, the mission was replaced by the Deen Dayal Antyodaya Yojana.

Aided in part through investment support by the World Bank, the NRLM aimed at creating efficient and effective institutional platforms of the rural poor. It seeks to enable them to increase household income through sustainable livelihood enhancements and improved access to financial services.


  1. Humans have been causing global warming for almost two centuries: study says

A new study suggests that man-made global warming has been around for nearly two centuries.

The study was published on 24 August 2016 in the journal Nature.

The results of the study suggest that global warming began during the early stages of the Industrial Revolution. The warming was first detectable in the Arctic and tropical oceans around the 1830s.

Key highlights of the study

  • The researchers studied reconstructions of climate for the past 500 years to determine exactly when the current trend of sustained warming of the planet began.
  • The researchers evaluated climate histories preserved in corals, cave decorations, tree rings and ice cores across the world.
  • They also evaluated thousands of years of climate model simulations, including data used for the latest report by the U.N.’s Intergovernmental Panel on Climate Change.
  • They also used climate models to separate the human-induced warming from natural factors such as volcanoes.
  • They found that even the major volcanic eruptions in the early 1800s were only a minor factor in the early onset of climate change.
  • According to the research, even relatively low levels of greenhouse gas emissions in the first decades of the Industrial Revolution contributed to a temperature increase.
  • Climate warming appears to have been delayed in the Antarctic, possibly due to the way ocean circulation is pushing warming waters to the North and away from the frozen continent.



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