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Economy and Banking Current Affairs February 2017

CORPORATE CURRENT AFFAIRS

Mother Dairy Launched Aadhar-enabled Payment System at Booths

  • Mother Dairy Fruit & Vegetable Private Limited introduced Aadhar-enabled payment system in more than 1000 milk booths and ‘Safal’ retail stores on December 31, 2016.
  • This service would now be available in addition to the existing modes like e-Wallets and Smart Change Cards.
  • The service was cpmmissioned in association with CSC e-Govemance Service India Limited under the aegis of Department of Electronics and Information Technology (Deity).

India’s First 2G Ethanol Bio-refinery to be Set-up in Punjab

  • The foundation stone was laid down on December 25, 2016 for India’s first second generation ethanol bio-refinery to be set-up by Hindustan Petroleum Corporation Limited (HPCL) at Bathinda (Punjab).
  • The Bathinda bio-refinery will produce 100 kilolitres of ethanol per day, or 3.20 crore litres per annum, which may be sufficient to meet the 26% of the ethanol blending requirement of Punjab.
  • The government is encouraging production of second generation ethanol from agricultural residues to provide additional sources of remuneration to farmers address the growing environmental concerns and support the Ethanol Blended Petrol (EBP) programme.

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Mansi Agarwal
Mansi Agarwal

Hey, I am Mansi Agarwal - owner of this site. I am basically from Lucknow. I did B.Tech and now working as a full time blogger. Blogging is my passion and my permanent job also. If you have any suggestion for the improvement of this site then feel free to tell me. You can connect with me on FB and Twitter for more updates.

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