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One Liners of the Day, 18 August 2022


  • The Union Cabinet has approved the Interest subvention of 1.5% per annum on Short Term Agriculture Loan upto Rupees Three lakh farmers. 
  • The Union Cabinet has approved the signing of a Contract between India and France to support International Transport Forum (ITF) activities in the Indian Transport Sector.
  • The Union Cabinet has approved the enhancement in the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore from Rs. 4.5 Lakh crore to Rs. 5 Lakh crore, with the additional amount being earmarked exclusively for enterprises in hospitality and related sectors.

National Affairs: 

  • The Union Cabinet has approved widening access to the Traditional Knowledge Digital Library (TKDL) database to users. 
  • The Central Consumer Protection Authority penalises Flipkart for selling sub-standard Pressure Cookers to consumers; to pay a penalty of ₹ 1 Lakh. 
  • National Council of Teachers Education (NCTE) celebrated its 28th Foundation Day in New Delhi. 
  • Union Minister Dr Jitendra Singh announces financial support of Rs 3.29 crores to M/s Kritsnam Technologies; a Start-up Company incubated at IIT Kanpur to develop smart water management technologies. 

State Affairs: 

  • A two-day Regional Conference on the theme "Bringing Citizens and Government Closer through Administrative Reforms" will be held at Itanagar on 18-19th August 2022. 

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