Thursday, 20 September 2018

Government announces the Revision of interest rates for Small Savings Schemes for the Third Quarter of the current Financial Year 2018-19


On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be notified on Quarterly Basis with the approval of the Union Finance Minister. Accordingly, the Rates of Interest on various Small Savings Schemes for the Third Quarter of the Current Financial Year 2018-19 starting 1st October, 2018, and ending on 31st December, 2018 have been announced. The Rates of Intereston the basis of the interest compounding/payment built-in in the Schemes, shall be as under:

Instrument
Rate of interest w.r.t. 01.07.2018 to 30.09.2018
Rate of interest w.r.t. 01.10.2018 to 31.12.2018
Compounding frequency*
Savings Deposit
4.0
4.0
Annually
1 Year Time Deposit
6.6
6.9
Quarterly
2 Year Time Deposit
6.7
7.0
Quarterly
3 Year Time Deposit
6.9
7.2
Quarterly
5 Year Time Deposit
7.4
7.8
Quarterly
5 Year Recurring Deposit
6.9
7.3
Quarterly
5 Year Senior Citizen Savings Scheme
8.3
8.7
Quarterly and paid
5 Year Monthly Income Account
7.3
7.7
Monthly and paid
5 Year National Savings Certificate
7.6
8.0
Annually
Public Provident Fund Scheme
7.6
8.0
Annually
KisanVikasPatra
7.3 (will mature in 118 months)
7.7 (will mature in 112 months)
Annually
SukanyaSamriddhi Account Scheme
8.1
8.5
Annually


* No Change

Courtesy:pib.nic.in

NATIONAL SPORTS AWARDS -2018 announced; Mirabai Chanu and Virat Kohli to get Rajiv Gandhi Khel Ratna



National Sports Awards are given every year to recognize and reward excellence in sports. Rajiv Gandhi Khel Ratna Award is given for the spectacular and most outstanding performance in the field of sports by a sportsperson over a period of four year, Arjuna Award is given for consistency outstanding performance for four years, Dronacharya Award for coaches for producing medal winners at prestigious International sports events, Dhyan Chand Award for life time contribution to sports development and Rashtriya Khel Protsahan Puruskar is given to the corporate entities (both in private and public sector) and individuals who have played a visible role in the area of sports promotion and development. Overall top performing university in inter-university tournaments is given Maulana Abul Kalam Azad (MAKA) Trophy.

A large number of nominations were received for these awards this year, which were considered by the Selection Committees consisting of former Olympian, Arjuna Awardees, Dronacharya Awardees, Dhyan Chand Awardees, Sport Journalists/ Experts/ Commentators and sports administrators. Selection Committee for Rajiv Gandhi Khel Ratna Award and Arjuna Awards was headed by Justice (Ms.) Indermeet Kaur Kochhar (Former Judge of High Court of Delhi High Court). Selection Committee for Dronacharya Awards and Dhyan Chand Awards was headed by Justice Mr. Mukul Mudgal (Former Chief Justice, High Court of Punjab & Haryana High Court). Selection Committee for Rashtriya Khel Protsahan Puruskar was headed by Shri Rahul Bhatnagar, Secretary (Sports). Selection Committee for MAKA Trophy was headed by Shri Ashok Kumar, former Olympian. 

Based on the recommendations of the Committee and after due scrutiny, the Government has decided to confer awards upon the following sportspersons, coaches and entities:

(i)         Rajiv Gandhi Khel Ratna 2018

S. No.
Name of the Sportsperson
Discipline
1.
Ms. S. Mirabai Chanu
Weightlifting
2.
Shri Virat Kohli
Cricket

(ii)        Dronacharya Awards 2018

S. No.
Name of the Coach
Discipline
  1.  
Subedar  Chenanda Achaiah  Kuttappa
Boxing
  1.  
Shri Vijay Sharma
Weightlifting
  1.  
Shri A. Srinivasa Rao
Table Tennis
  1.  
Shri Sukhdev  Singh  Pannu
Athletics
  1.  
Shri Clarence Lobo
Hockey (Life Time)
  1.  
Shri Tarak Sinha
Cricket (Life Time)
  1.  
Shri Jiwan Kumar Sharma
Judo (Life Time)
  1.  
Shri V.R. Beedu
Athletics (Life Time)


(iii)       Arjuna Awards 2018

S. No.
Name of the Sportsperson
Discipline
  1.  
Shri Neeraj Chopra
Athletics
  1.  
Naib Subedar Jinson Johnson
Athletics
  1.  
Ms. Hima Das
Athletics
  1.  
Ms. Nelakurthi Sikki Reddy
Badminton
  1.  
Subedar Satish Kumar
Boxing
  1.  
Ms. Smriti Mandhana
Cricket
  1.  
Shri Shubhankar Sharma
Golf
  1.  
Shri Manpreet Singh
Hockey
  1.  
Ms. Savita
Hockey
  1.  
Col. Ravi Rathore
Polo
  1.  
Ms. Rahi Sarnobat
Shooting
  1.  
Shri Ankur Mittal
Shooting
  1.  
Ms. Shreyasi Singh
Shooting
  1.  
Ms. Manika Batra
Table Tennis
  1.  
Shri G. Sathiyan
Table Tennis
  1.  
Shri Rohan Bopanna
Tennis
  1.  
Shri Sumit
Wrestling
  1.  
Ms. Pooja Kadian
Wushu
  1.  
Shri Ankur Dhama
Para-Athletics
  1.  
Shri Manoj Sarkar
Para-Badminton

(iv)      Dhyan Chand Award 2018

S. No.
Name of the Sportsperson
Discipline
  1.  
Shri Satyadev Prasad
Archery
  1.  
Shri Bharat Kumar Chetri
Hockey
  1.  
Ms. Bobby Aloysius
Athletics
  1.  
Shri Chougale Dadu Dattatray
Wrestling

(vi) Rashtriya Khel Protsahan Puruskar 2018
S. No.
Category
Name of the entity
1.
Identification and Nurturing of Budding & Young Talent
Rashtriya Ispat Nigam Limited
2.
Encouragement to Sports through Corporate Social Responsibility
JSW Sports
3.
Sports for Development
Isha Outreach



(vii) Maulana Abul Kalam Azad (MAKA) Trophy 2017-18: 

Guru Nanak Dev University, Amritsar 



The awardees will receive their awards from the President of India at a specially organized function at the Rashtrapati Bhawan on 25th September, 2018.



Apart from a medal and a citation, Rajiv Gandhi Khel Ratna Awardee will receive a cash prize of Rs. 7.5 lakh. Arjuna, Dronacharya and Dhyan Chand Awardees will receive statuettes, certificates and cash prize of Rs. 5 lakh each. A trophy and citation is given to the entity in the Rashtriya Khel Protsahan Puruskar, 2018. Recipients of Rashtriya Khel Protsahan Puruskar will be given Trophies and certificates. Overall top performing university in inter-university tournaments will be given MAKA Trophy, award money of Rs. 10 lakh and certificate.

Courtesy:pib.nc.in

Government announces the Revision of interest rates for Small Savings Schemes for the Third Quarter of the current Financial Year 2018-19

On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be notified on Quarterly Ba...