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Important Current Affairs 19th June 2020

National

PM Modi to launch Garib Kalyan Rojgar Abhiyaan on 20 June

• “Garib Kalyan Rojgar Abhiyaan” will be launched by the Government of India from Village Telihar, Block Beldaur of Khagaria District of Bihar. It is a massive rural public works scheme that will empower and offer livelihood opportunities to the returnee migrant workers as well as rural citizens.

• The programme will be joined by the villages across 116 districts in the six States through the Common Service Centres and Krishi Vigyan Kendras. The six states are: Uttar Pradesh, Madhya Pradesh, Rajasthan, Odisha, Jharkhand and Bihar.

Harsh Vardhan launched India’s 1st Mobile Lab

• Union Health Minister, Harsh Vardhan has launched India’s first mobile lab for C-19 testing. The Rapid Response Mobile Laboratory has been developed with the support from the Department of Biotechnology, Ministry of Science and Technology and Andhra Pradesh Med-tech Zone (AMTZ) under DBT-AMTZ COMManD (COVID Medtech Manufacturing Development) Consortia.

•  The mobile lab which is also called Infectious Disease Diagnostic Lab or I-Lab will be able to run 25 RT-PCR and about 300 ELISA tests in a day. The lab can also take additional tests for TB, HIV as per CGHS rates.

Two Indian Companies – ZestMoney and Stellapps – Named in WEF’s Technology Pioneers of 2020

• Two Indian firms namely ZestMoney and Stellapps have figured in the 2020 Technology Pioneers list released by the World Economic Forum (WEF) on 16 June 2020.

• 2020 Technology Pioneers is the 20th edition of the annual list and comprises the names of companies from around the world that are poised to have a significant impact on business and society by addresing global issues with cutting-edge technology.

• Of the 100 companies in the 2020 class, one-fourth are led by female founders.

International

India elected as non-permanent member of UN Security Council for a two-year term

• India has been elected as a non-permanent member of the United Nations Security Council (UNSC) for a two-year term during the 2020 UNSC elections held on 17 June 2020.India’s two year term for the 2021-22 will begin on January 1, 2021.

• The country won 184 votes out of 192 valid votes polled in 193 member UN General Assembly. India was the sole candidate from the Asia-Pacific category.

• This is the eighth time that India has been elected as a non-permanent member of the Council. Its previous terms are 1950—1951, 1967—1968, 1972—1973, 1977—1978, 1984—1985, 1991—1992 and 2011—2012.

• Along with India, Ireland, Mexico and Norway were the other countries that also won the 2020 Security Council election.

Banking and Economy

AIIB Approves $750 million loan to India

• Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved USD 750 million as a loan to India to help government to strengthen its response to the effect of the Chinese virus on millions of poor households.

• AIIB is co-financing the loan with the Asian Development Bank (ADB).This is the second loan for India under AIIB’s C-19 Crisis Recovery Facility (CRF).Earlier, the bank had provided USD 500 million C-19 emergency response to India.

• With this, AIIB’s total sovereign loans to India that have already been approved amount to USD 3.06 billion.

Fitch revises India’s outlook to negative from stable

• Fitch Ratings has revised India’s long-term outlook to negative from stable, citing risks due to continued acceleration in the number of new C-19 cases as the lockdown is eased gradually in the country.

• The global credit rating agency has affirmed the country’s sovereign rating at ‘BBB-’, the lowest investment grade.

• Fitch expects Indian economic to contract by 5% (-5 percent) in the fiscal year ending March 2021 (FY21).

ADB Forecast India’s GDP at -4% for FY’21; 5% for FY’22

• India’s economy is forecast to contract by 4 percent in 2020-21, as per the latest Asian Development Outlook (ADO) report of the Asian Development Bank released on 18 June 2020, due to the adverse effect of the coronavirus pandemic.

• For FY2021, ending March 2022, India’s GDP is projected to grow at 5%.

 GDP for 2020-21 : -4%

 GDP for 2021-22 : 5%

Appointments and Resignations

Turkish diplomat Volkan Bozkir Elected President of 75th UN General Assembly

• Volkan Bozkır, a veteran Turkish diplomat and parliamentarian was elected as the President of the 75th Session of the United Nations General Assembly on June 17. He was the sole candidate for the post.

• Bozkır is the first Turkish national who has become the President of the General Assembly.

Days

International Day for the Elimination of Sexual Violence in Conflict

• International Day for the Elimination of Sexual Violence in Conflict is observed globally on 19th June every year.

• This day is seen to bring issues to light of the need to stop strife related sexual violence, to honour the victims and survivors of sexual violence around the world and to pay tribute to all or any those that have fearlessly dedicated their lives to and lost their lives in going to bat for the annihilation of those violations.

Autistic Pride Day

• Every year, Autistic Pride Day is observed on June 18 globally to create awareness about autism among people and recognise the importance of pride for autistic people and its role in bringing about positive changes in the broader society.

• The day is represented by a rainbow infinity symbol which denotes the infinite possibilities that autistic people have.

• Autistic Pride Day was first celebrated in Brazil in 2005, at the initiative of an organisation named Aspies for Freedom.

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Important Current Affairs 18th June 2020

National

Uttar Pradesh becomes top state to provide employment to workers under MGNREGA

• Uttar Pradesh has become the top most state in the country to provide employment to the workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme MGNREGA.

• According to the data released by officials, the state provided employment to 57 lakh 12975 workers on 15 June 2020. These workers are engaged across 56,981 panchayats out of the total 58,000 panchayats in the state.

• Uttar Pradesh now accounts for 18 percent of the total workers employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the country and has generated 7.93 crore man-days.

Sports Ministry to set up “Khelo India State Centres of Excellence”

• Under the Sports Ministry’s flagship programme “Khelo India Scheme“, the ministry is going to set up Khelo India State Centres of Excellence (KISCE).

• To create a robust sporting ecosystem in the entire country, as well as to strengthen India’s pursuit for excellence in Olympics, one KISCE will be identified in each state and unionterritory (UT).

• In the first phase of setting up KISCE, sports ministry has identified state-owned sports facilities in eight states of India. These states are: Arunachal Pradesh, Manipur, Mizoram, Kerala, Telangana, Nagaland, Karnataka, and Odisha.

Trustees of PM CARES fund appoints SARC & Associates as its auditor

• The Trustees of the Prime Minister’s Citizens Assistance and Relief in Emergency Situations (PM CARES) fund has appointed, New Delhi based Chartered Accountants, SARC & Associates, as its auditors for the next three years.

• The SARC & Associates headed by Sunil Kumar Gupta is also the auditor of the PM’s National Relief Fund(PMNRF) appointed in 2019.

AYUSH Ministry launches ‘Yoga at Home, Yoga with Family’ Campaign

• The AYUSH Ministry has launched 'Yoga at Home, Yoga with Family' campaign to mark the International Yoga Day 2020.

• Under the campaign, the Ministry will encourage people to perform Yogasanas from their homes, while maintaining social distancing and other restrictions imposed during the C-19 pandemic.

Science and Technology

Scientists observe “Fifth State of Matter” for first time in space

• A team of NASA scientists has observed the fifth state of matter for the first time in space. This observation will help scientists in solving some of the Bose-Einstein Quantum universe’s difficult questions.

• The existence of Bose-Einstein condensates (BEC) fifth state of matter was projected by Albert Einstein and Indian mathematician Satyendra Nath Bose a century ago.

Obituary

Maharashtra based senior journalist & freedom fighter Dinu Randive passes away at 95

• Senior journalist and freedom fighter from Maharashtra, Dinu Randive has passed away due to old age. He was 95.

• Randive played a key role in the struggle movement called Samyukta Maharashtra movement to carve out Maharashtra state. He also participated in the Goa liberation movement.

Maha Vir Chakra Awardee Lt Gen Raj Mohan Vohra passes away

• MahaVir Chakra awardee Lt Gen (retd) Raj Mohan Vohra passed away due to C-19. He was a 1971 war hero. Lt Gen Vohra had received the coveted award in 1972.

• The MahaVir Chakra is that the country’s second-highest gallantry award. It is awarded for acts of conspicuous gallantry within the presence of the enemy whether on land, at sea or in the air.

Days

Sustainable Gastronomy Day

• Sustainable Gastronomy Day is observed globally on 18th June every year. This day is observed to acknowledge gastronomy as a cultural expression related to nature as well as the cultural diversity of the world.

• It also reaffirms that each one culture and civilizations are contributors and crucial enablers of sustainable development throughout the planet.

• The UN General Assembly adopted on 21 December 2016 its resolution A/RES/71/246 and designated 18 June as an international observance, Sustainable Gastronomy Day.

World Day to Combat Desertification and Drought

• World Day to Combat Desertification and Drought is observed on 17th June every year. The day is observed to spread awareness among people about the cooperation required to combat desertification and the effects of drought.

• The theme of World Day to Combat Desertification and Drought 2020: Food. Feed. Fibre. – the links between consumption and land.

Others

New fish species discovered in Arunachal Pradesh

A new fish species named as “Schizothoraxsikusirumensis” has been discovered in Arunachal Pradesh. The new fish species was discovered by Dr. Keshav Kumar Jha. He discovered a new fish species from genus Schizothorax.

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Important Current Affairs 15th June 2020

National

CM Uddhav Thackray and Dr Harshvardhan e-launched ‘I-FLOWS’ a flood warning system in Mumbai

• The Chief Minister of Maharashtra, Uddhav Thackeray and Union Earth science  Minister Dr Harsh Vardhan jointly launched the state-of-the-art Integrated Flood Warning System (I-FLOWS) – Mumbai

• The system monitors the flood activities by providing early warning in the city during high rainfall and cyclone events by as early as 3 days in advance.

• It was developed by Meteorological Department (IMD) and Indian Institute of Tropical Meteorology (IITM) functioning under the Ministry of Earth Sciences (MoES).

International

Facebook joins hand with tech-giants, including Google and Microsoft for ‘Project Protect’ to fight online child sexual abuse

• Facebook has joined hands with Microsoft, Google, Twitter and 14 other tech giants for a new initiative called ‘Project Protect’ to help combat child sexual abuse and exploitation online. Facebook will lead this initiative.

• These tech giants have been working together under Technology Coalition since past 14 years, since its formation way back in 2006.Project Protect is a renewed commitment from the Technology Coalition for the next 15 years to protect kids online and guide its work.

• Project Protect will focus on five key areas: tech innovation, collective action, independent research, information and knowledge sharing, and transparency and accountability.

Banking and Economy

India’s forex reserves cross $500 billion-mark’

• India’s forex reserves have now crossed the $ 500 billion mark, according to the data released by the Reserve Bank of India (RBI).

• The reserves rose to $ 501.7 billion, marking an increase of $ 8.22 billion in a week. Reserves had surged $3.43 billion to a fresh all-time high of $493.48 billion in the week-ended May 29.

Obituary

Bollywood actor Sushant Singh Rajput passes away

• Bollywood Actor Sushant Singh Rajput passed away. He made his Bollywood debut with the 2013 movie “Kai Po Che!” and was renowned for his role in the 2016 hit MS Dhoni: The Untold Story. He earned massive fame with a TV show “Pavitra Rishta” and made a successful transition to films.The actor delivered major hit films such as 'PK' and 'Kedarnath'. His biggest hit was 'MS Dhoni: The Untold Story', a film based on the life of former Indian skipper MS Dhoni.

•  His upcoming project included Mukesh Chhabra's 'Dil Bechara' opposite Sanjana Sanghi. The film is an official remake of the Hollywood film 'The Fault in Our Stars'. Sushant Singh Rajput's last release was Nitesh Tiwari's Chhichhore, which released in September 2019.

Appointments and Resignations

UTI mutual funds appoint Imtaiyazur Rahman as CEO

• UTI Asset Management Board appointed  Imtaiyazur Rahman as Chief Executive Officer (CEO ) of the UTI Asset Management Committee (AMC)

• He will succeed Leo Puri whose 5-year tenure was over in August 2018.

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Important Current Affairs 14th June 2020

National

Union Agriculture Minister Narendra Singh Tomar launches ‘Sahakar Mitra’

• The Union Minister for Agriculture & Farmers’ Welfare Shri Narendra Singh Tomar launched Sahakar Mitra: Scheme on Internship Programme (SIP) to provide paid internship to youth and ensure availability of assured project loans to young cooperators.

• This scheme is an initiative by the National Cooperative Development Corporation (NCDC), under the Ministry of Agriculture & Farmers’ Welfare.

• Sahakar Mitra: SIP scheme will provide an opportunity to the young professionals to get practical exposure and learning from the working of NCDC and cooperatives as a paid intern. Under the scheme, each intern will get financial support over a 4 months internship period.

Odisha becomes 1st state to get ISO for tribal hostels

• Odisha has become the first state in the country to receive ISO certification for hostels meant for tribal students. The ST & SC Welfare Department has launched the ‘Mission Suvidya’ project to provide all the tribal hostels of the state uniform standards of infrastructure, amenities and human resources.

• Mission Suvidya has launched in December 2019, it aims to improve the quality of basic facilities in the SC (Scheduled Castes) and ST (Scheduled Tribes) hostels like safe building, functional toilets, safe drinking water, proper kitchen and dining, safety, security, health, hygiene and food provisions for students.

International

UK’s economy shrinks by record 20.4 percent in April

• The United Kingdom’s economy shrank by record 20.4 percent in April, amid strict , revealed official data on June 12, 2020.

• The record slump in the economy is likely to be the low point before a long and slow recovery, as Britain readies to open up its economy.

• The Office of National Statistics stated that the gross domestic product of Britain contracted by 10.4 percent in the three-month period till April in comparison to the previous three-month period.

Banking and Economy

RBI constitutes Internal Working Group to review ownership, corporate structure of Indian private sector banks

• The Reserve Bank of India (RBI) has constituted a five-member Internal Working Group (IWG) to review the extant guidelines related to ownership, governance and corporate structure of private sector banks.

• The committee will be headed by Dr. Prasanna Kumar Mohanty, Director, Central Board of RBI. It will submit its report by 30 September, 2020.

Obituary

Manchester United Legend, Tony Dunne, Passes Away

• The former Republic of Ireland international footballer, Tony Dunne, has passed away. He was 78.

• He played for Manchester United for 13 years in which he made 535 appearances.

• He played as defender for Manchester United’s European Cup-winning team in 1968, becoming the first English side to lift the continent’s most-prestigious trophy.

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Important Current Affairs 13th June 2020

National

NHAI goes completely digital

• The National Highway Authority of India (NHAI) has gone completely digital. It is the first organisation of the construction sector that has been transformed into online portal completely through the Data Lake and Project Management Software.

• The entire NHAI work will now be carried out online amid the C-19 .The online portal will help the NHAI employees in continuing their work without any physical contact.

Madhya Pradesh becomes the top wheat procurer; pumps Rs 25,000 crores to boost farmers

• MP becomes India’s largest wheat procurer in the year 20-21 surpassing Punjab. Rs 25,000 crore introduced to boost farmers.MP also produced the most wheat about 30 million tonnes this year.

Coimbatore becomes Koyampuththoor as TN changes English names of 1,018 places

• The Tamil Nadu government has issued a notification as per the recommendation of an experts committee for changing the names of 1,018 places, including of many important places, in accordance with how they are exactly pronounced in Tamil.

• For instance Coimbatore will be called Koyampuththoor and Ambattur has been re-christened as Ambaththoor. Vellore will be known as Veeloor.

Awards

Indian-American Dr. Rattan Lal awarded with World Food Prize 2020

• Indian-American Dr. Rattan Lal has been awarded with the 2020 World Food Prize for developing a soil centric approach for increasing food production while conserving natural resources and mitigating the climate change.

• Lal has been helping over 500 million small farmers through measures such as improved management, less soil degradation and recycling of nutrients.He will receive USD 250,000 as prize money.

• Lal serves as Distinguished University Professor of Soil Science and founding Director of the Carbon Management and Sequestration Center at The Ohio State University (OSU).

Obituary

Veteran Urdu poet Gulzar Dehlvi passes away

• Veteran Urdu poet, Anand Mohan Zutshi Gulzar Dehlvi passed away. He was the editor of ‘Science ki Duniya’, the only science magazine published in Urdu by the government, which was launched in 1975.

• He is also credited with setting up Urdu schools across India. He was also associated with the freedom movement since the ’30s, when he was in school.

Ranking

FIFA’s latest ranking: India retains 108th slot

• India football team retained its 108th spot in the latest FIFA rankings. While Belgium ranked first and world champion France is in 2nd place and Brazil is at 3rd spot.

• In the wake of the C-19 , the qualifier tournaments have been postponed for the FIFA World Cup and other major games at the international level.

Days

International Albinism Awareness Day 2020

• International Albinism Awareness Day is celebrated worldwide on June 13, 2020. The day aims at creating awareness and acknowledging the multiple forms of discrimination that people with albinism face worldwide.

• Albinism is non-contagious, genetically inherited, rare difference present at birth. This condition results in a lack of pigmentation in skin, hair, and eyes causing vulnerability to the sun and bright light.

• This year’s International Albinism Awareness Day theme is ‘Made to Shine’. The theme has been chosen to celebrate the achievements and successes of people with albinism worldwide.

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Important Current Affairs 12th June 2020

National

Population of Asiatic Lions in Gujarat’s Gir Forests increase by 28.87 percent in five years to 674

• The population of Asiatic Lions in the Gir forest region of Gujarat has witnessed a massive jump of 28.87 percent in the last five years, from 523 in 2015 to 674 in 2020.

• The state forest department conducted an exclusive population estimation exercise called Poonam Avalokan (full-moon night estimation exercise), on the night of June 5 and 6 when there was full moon.

• The population of 674 comprises of 161 males, 260 females, 116 sub-adult lions and 137 cubs. It is the highest growth rate recorded so far.

“Panchvati Yojna” launched in Himachal Pradesh

• Himachal Pradesh Chief Minister Jai Ram Thakur has launched “Panchvati Yojana” for the senior citizens of rural areas of the state. Under the “Panchvati Yojana”, state government of Himachal Pradesh will set up parks and gardens in every development block with all the necessary amenities.

• State government is eying to develop 100 such parks in the state in the current financial year.

International

Apple becomes first US company to hit $1.5 trillion market cap

• On 10 June 2020, US based tech-giant Apple Inc’s market capitalization surpassed $1.5 trillion, making it the first U.S. company to reach that mark.

• Market capitalization is the share price multiplied by the number of outstanding shares of the company’s stock, yielding the company’s overall stock market value.

• At a current price of around $352 per share and with roughly 4.3 billion shares outstanding, Apple’s market capitalization is now at around $1.53 trillion.

Banking and Economy

RBI releases Framework for sale of Loan Exposure and Securitization of Standard Assets

The Reserve Bank of India recently released draft framework for “Sale of Loan Exposures” and “Securitization of Standard Assets”.

The guidelines issued are applicable to Scheduled Commercial Banks. This includes All India Financial Institutions such as EXIM Bank, NABARD, Non-Banking Financial Companies.

The Guidelines has proposed Two Capital Measurement approach. This includes Securitisation External Ratings based approach and Securitisation Standardised Approach.

Fitch Ratings Projects Indian economy to grow at 9.5% in FY22

• Fitch Ratings has forecast India’s GDP growth rate of 9.5 percent in the fiscal year 2021-22.

• Earlier, Fitch Ratings had forecast a 5 percent contraction in the GDP in the ongoing financial year 2020-21.

• Further, it estimates that India’s GDP growth is likely to return to higher levels than ‘BBB’ category peers after the global crises.

OECD Projects India’s GDP at -7.3% for FY21 if  strikes again

• The Organization for Economic Co-operation and Development (OECD), in its OECD Economic Outlook, has projected India’s economy to contract 7.3 percent in the current fiscal year 2020-21 if there is a second wave of the  () later this year.

• However, OECD expects the economy to contract 3.7 percent during the year 2020 if there is no second wave. Further, for the fiscal year 2021-22, GDP is estimated at 8.1 percent in case of a second wave and at 7.9 percent in other case, i.eno second wave.

Acquisitions and Mergers

Empays partners with Mastercard to enable contactless ATM withdrawals

• Cloud-based payment solutions provider, Empays Payment Systems India has partnered with Mastercard to launch contactless ATM solution in India due to virus.

• Under the partnership, Mastercard will help Empays to launch ‘Cardless ATM powered by Mastercard.

Obituary

Former member of Planning Commission, A. Vaidyanathan passes away

• The former member of the Planning Commission, A. Vaidyanathan passed away. He was a member of the perspective planning division of the Planning Commission from 1962 to 1972.

• He was also a professor at the Madras Institute of Development Studies and Centre for Development Studies.

Days

World Day Against Child Labour

• The World Day Against Child Labour is held every year on June 12 to raise awareness and activism to prevent child labour.

• The theme for 2020 is “C-19 – Protect children from child labour now, more than ever”.

• It is an International Labour Organization (ILO)-sanctioned holiday first launched in 2002, and is intended to foster the worldwide movement against child labour in any of its forms.

World Accreditation Day (WAD)

• The World Accreditation Day (WAD) is celebrated every year on 9 June to promote the role of accreditation in trade & economy.

• The theme for WAD 2020 is “Accreditation: Improving Food Safety”.

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Important Current Affairs 11th June 2020

National

Centre mandates to display green sticker on all BS-VI compliant vehicles of any type

• The Ministry of Road Transport and Highways has issued a notification, making it mandatory for all BS-VI compliant motor vehicles of any fuel type to have a strip of green colour of 1 cm width, at the top of the existing third registration sticker plate.

• This means for petrol or CNG, which have a light blue colour sticker and a diesel vehicle which is of orange colour sticker, both will have a green strip of 1 CM on top as mandated.

• This green strip will carry details of registration of BS-VI vehicle and its fuel type. The order will come into force from October 1, 2020.The order has been issued by amending the Motor Vehicles (High Security Registration Plates) order, 2018.

Awards

Ramon Magsaysay Awards 2020 Deferred

• Ramon Magsaysay Awards 2020 have been cancelled due to the C-19 . The Awards, considered as Asia’s version of Nobel Prize, are conferred by the Ramon Magsaysay Award Foundation.

• The award is bestowed upon the Asian individuals showcase excellence in their respective fields and who work selflessly to serve others.

Obituary

Padma Shri awardee Pritam Singh passes away

• Former director of Indian Institute of Management (IIM) Lucknow, Pritam Singh passed away. He chaired the subcommittee on Institutional Management and Leadership Development in Higher Education by the 12th Planning Commission for the 5-year plan (2012-2017).

• He was a member of the Ministry of Home Affairs Committee for capacity building of IPS officers.

Appointments and Resignations

Anil Valluri appointed as senior director for Google Cloud India

• Google Cloud has appointed Anil Valluri as Senior Director for Google Cloud in India. Valluri has over 30 years of experience in sales and marketing in the hi-tech industry.

• He has also headed several technology transitions in India for customers across banking, telecommunications, public sector and manufacturing. Before joining Google Cloud, Valluri was the President of India & SAARC operations at Net App.

Ranking

Amazon’s Jeff Bezos Richest Man in the World; Ambani at 12th Position: Bloomberg Billionaires Index

• The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

• Amazon CEO Jeff Bezos has emerged as the richest person in the world with a total net worth of $150 billion after he added almost $35 billion to his net worth so far this year.

• Bill Gates is the second richest person having total net worth of $115 billion. Bernard Arnault ($94.7 billion), Mark Zuckerberg (87.9 billion) and Warren Buffett (79.4 billion), makes up the top five.

• India’s Mukesh Ambani is the 12th richest person in the world. The total net worth of Ambani is 57.2 billion.

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Important Current Affairs 10th June 2020

National

Highest Allocation to MGNREGA Programme

• The Government of India has allocated Rs 1,01,500crores under the MGNREGA programme in the year 2020-21 so far. This is the highest provision of funds allocated for the scheme since its launch.

• The Government of India has already released Rs 31,493 crores. So far 6.69 crore persons have been offered work under the scheme. In May 2020, Rs 2.51crores was spent for the scheme per day. The GoI increased the wages under the scheme from Rs 182 to Rs 202 per day.

• Under the scheme, the focus is given to irrigation, water conservation, horticulture. The scheme also focuses on beneficiary works that promote livelihood.

World Bank lends Rs 1950 crore loans to West Bengal

• West Bengal government has received a loan amount of Rs 1950 crore from the World Bank. The loan amount has been lend to the West Bengal Government to tackle C-19 situation and developmental work in the state.

• Chief Minister Mamata Banerjee said that out of it, Rs. 1,100 crore will be spent for creating Industrial infrastructures and remaining Rs. 850 crore have been allocated for spending on various Social-Welfare schemes.

International

World Bank: India’s economy to contract by 3.2 per cent in fiscal year 2020/21

• According to World Bank, India’s economy will shrink by 3.2 per cent in the current fiscal.

• The Washington-based multilateral lender said that the C-19  and the multi-phased  imposed to curb its spread has resulted in a devastating blow to the Indian economy.

• In its latest edition of the Global Economic Prospect, the World Bank downgraded its projection of India by a massive negative nine per cent.

• In India, growth is estimated to have slowed to 4.2 per cent in the fiscal year 2019/20 (the year ending in March-2020) and output is projected to contract by 3.2 per cent in fiscal year 2020/21.

GoI facilitates filling of NIL GST Return through SMS

• The Government of India has allowed taxpayers to fill their NIL GST monthly reurn form through SMS. This will improve ease of GST compliance to more than 22 lakh taxpayers.

• The facility of filing the NIL form through SMS has been made available in GSTN portal. The portal also allows the users to track their returns.

• The GST is the single tax imposed on goods and services. The GST bill was first introduced in 2014 as the Constitution (122nd) Amendment bill.

Acquisitions and Mergers

RIL to sell 1.16% in Jio to Abu Dhabi Investment Authority for Rs 5,684 cr

• Jio Platforms has received investment of Rs 5683.50 crore from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Hence, ADIA has bought 1.16% stake in Jio Platforms with its investment of Rs 5683.50 crore.

• The investment done by ADIA valued the Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Obituary

Former union minister and Odisha MP Arjun Charan Sethi passes away

• Former Union Water Resources Minister Arjun Charan Sethi passed away. He was eight-time MP from Bhadrak, Odisha. He was Water Resources Minister in Atal Bihari Vajpayee Cabinet from 2000 to 2004.

•  The veteran politician was also elected to Odisha Assembly twice on Janata Dal ticket in 1991 and 1995 from Bhandaripokhari.

Days

World Accreditation Day 2020

• The World Accreditation Day (WAD) is celebrated globally on 9th June every year to highlight and promote the role of accreditation in trade & economy.

• The International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC) decided the theme for WAD 2020 as “Accreditation: Improving Food Safety”.

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Important Current Affairs 9th June 2020

National

Garisain declared as summer capital of Uttarakhand

• Uttarakhand Government has declared Bhararisen, also known as Garisain, as new summer capital of Uttarakhand. Garisain is located in the Chamoli district of the state.

• With this, Uttarakhand becomes the second state or UT after the Jammu & Kashmir to have two capitals - Summer and Winter. The another capital of Uttarakhand is Dehradun.

• Uttarakhand was carved out of Uttar Pradesh to become India's 27th state on November 9, 2000.

IAF develops rescue pod “ARPIT” for evacuation

• Indian Air Force has indigenously designed, developed and manufactured an Airborne Rescue Pod for Isolated Transportation (ARPIT). This pod will help for the evacuation of critical patients with infectious diseases including C-19 from high altitude area, isolated and remote areas.

• The system has been formed as a lightweight isolation system made from aviation certified material.This indigenously designed, developed and manufactured system has been developed for Rs 60,000 only. The cost is much less in comparison to the imported systems costing up to at least Rs 60 lakh.

Andhra Pradesh launches online waste exchange website “APEMC”

• Online waste exchange website of Andhra Pradesh Environment Management Corporation (APEMC) has been launched by the Andhra Pradesh Chief Minister YS Jagan Mohan Reddy.

• The website was launched on the occasion of World Environment Day. Andhra Pradesh has become India’s first state to launch waste exchange website.

International

New Zealand declared as C-19 free

• New Zealand on June 8, 2020 declared itself C-19 free following the recovery of its last patient. The country has not reported any new C-virus positive case in last 17 days. With this, all the restrictions imposed across the country will be lifted off including social distancing.

• However the country will continue to follow strict border controls.The nation that has a population of 5 million had 1,154 confirmed C-19 cases and 22 deaths.

Summits and Mou’s

India, Denmark sign agreement for boosting cooperation in power sector

•  India and Denmark have signed an MoU to develop cooperation in the power sector. The agreement was signed between the Union Ministry of Power and Denmark’s Ministry for Energy, Utilities and Climate.

•  The main objective behind the agreement is to develop a strong, deep and long-term co-operation between the two countries in the power sector on the basis of equality, reciprocity and mutual benefit.

Awards

Javed Akhtar became first Indian to bag Richard Dawkins Award 2020

• Writer and lyricist Javed Akhtar has become the first Indian to be awarded with the prestigious Richard Dawkins Award 2020. He was conferred with the award for humanist value, critical thinking and advancing human progress.

• The Richard Dawkins Award is bestowed every year to a distinguished individual from the field of entertainment, scholarship, science, and education.

Ranking

Gujarat tops India's Food Safety Index among larger states

•  Gujarat has topped India’s food safety index among larger states, while Chandigarh topped among the union territories. Goa topped the index among the small states, as per the information shared by FSSAI on June 7, 2020.

•  Gujarat was followed by Tamil Nadu and Maharashtra among the larger states in food safety and Goa was followed by Manipur and Meghalaya among the smaller states.

•  Among the Union Territories, Chandigarh was followed by Delhi and the Andaman and Nicobar Islands in food safety.

•  The FSSAI had shared the results of the second 'State Food Safety Index' on June 7 during a webinar to commemorate the World Food Safety Day.

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Important Current Affairs 8th June 2020

National

India Loses 750 Tigers in Last Eight Years: NTCA Survey

• The National Tiger Conservation Authority (NTCA) has shared the data related to details of tiger deaths during the eight year period between 2012 and 2019.According to the official data of NTCA, as many as 750 tigers died in the country in the last eight years due to poaching and other causes.

• Of these total tiger mortalities, 369 were due to natural causes, 168 due to poaching, 70 deaths are under scrutiny and 42 due to unnatural reasons, including accident or conflicts events and 101 seizures.

• The data showed that Madhya Pradesh has the highest number of 526 tigers in the country. However, Madhya Pradesh reported the highest tiger deaths during this eight year period at 173, of which, 38 were due to poaching, 94 natural deaths, 19 under scrutiny, six due to the unnatural causes and 16 seizures.

International

Russia declares state of emergency after massive fuel spill in Arctic Circle

• Russian President Vladimir Putin declared a state of emergency on June 4, 2020 after a massive fuel spill in the Arctic Circle. At least 20,000 tonnes of diesel leaked from a power plant in Norilsk last week and spilled into the Ambarnaya River in Siberia, making it turn red.

• Russia has imposed a state of emergency in the region, as emergency workers and maritime clean-up specialists are putting in intensive efforts to clean up the fuel spill.

• The major diesel spill reportedly took place on May 29, 2020 after a fuel tank at a power plant ruptured in the Siberian city of Norilsk. The city is located above the Arctic Circle in north-central Russia.

Summits and Mou’s

MoU between ISRO and ARIES for cooperation in Space Situational Awareness, Astrophysics

• On 4th June 2020, for the cooperation in the Field of Space Situational Awareness(SSA) and Astrophysic, The Indian Space Research Organization(ISRO), Bengaluru signed a Memorandum of Understanding with the Aryabhatta Research institute of Observational Science(ARIES).

• R. Umamaheswaran, Scientific Secretary of ISRO from ISRO headquarters and Prof. Dipankar Banerjee, Director of ARIES from ARIES headquarters signed the MoU on the virtual platform.

Awards

Hyderabad airport wins ACI Asia-Pacific Green Airports Platinum Recognition 2020

• The Airports Council International (ACI) Asia-Pacific announced the results of the ACI Asia-Pacific Green Airports Recognition 2020 on 5 June 2020.

• The Rajiv Gandhi International Airport (RGIA), Hyderabad has received the Platinum award in the 15-35 Million Passengers Per Annum (MPPA) category for its water management practices.

Obituary

Kannada actor Chiranjeevi Sarja passes away

• Kannada actor Chiranjeevi Sarja passed away. He had made his debut with the movie ‘Vayuputra. He has featured in films such as Samhaara, Aadyaa, Khaki, Sinnga, Amma I Love You, Prema Baraha, Dandam Dashagunam and Varadhanayaka among others.

• He was last seen in the Kannada action-drama Shivarjuna.

Days

World Oceans Day

• World Oceans Day is marked annually on the 8 June to celebrate the role of the oceans in our everyday life and inspiring action to protect the ocean and sustainably use marine resources.

• The theme of UN World Oceans Day 2020 is “Innovation for a Sustainable Ocean.”

• World Oceans Day was officially recognised by the United Nations in 2008.

World Brain Tumour Day

• World Tumour Day is observed on June 8 every year to spread awareness about this deadly disease, ensure its early diagnosis, as well as as pay tribute to brain tumour patients and their families.

• The day was first initiated by the German Brain Tumour Association (GBTA) in 2000.

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