NATIONAL UPDATES:
1.
Maharashtra Govt introduced “Maha Parwana” plan to boost investment: In a bid to attract
fresh industrial investments in Maharashtra, the state government announced a new
plan called ‘Maha Parwana’, which will offer several incentives and offer a
single-window clearance system for project execution. In a cabinet decision,
the government has decided that henceforth companies investing in a project
costing Rs 50 crore or more would not be burdened with getting clearances from
several departments. Such companies would be given an assurance letter (Maha
Parwana).
Note: Chief Minister of Maharashtra: Uddhav
Thackeray; Governor: Bhagat Singh Koshyari.
2.
Bengaluru International Airport becomes first in India to get AWMS technology
on runway: The
Bangalore International Airport Limited (BIAL), which operates Kempegowda
International Airport, Bengaluru (BLR Airport) has recently installed an
indigenously-developed Aviation Weather Monitoring System (AWMS) at its new
runway (south runway) on both ends. This makes BLR as the first airport in
India to have this technology installed at both ends of the runway. The
Aviation Weather Monitoring System has been developed by Bengaluru-based
CSIR-National Aerospace Laboratories (NAL). Apart from this, four Drishti
Transmissometers has also been installed to help in measuring the Runway
Visibility Range (RVR). It has been made by NAL in association with the Indian
Meteorological Department (IMD). With this, the number of RVRs installed at the
both runways has reached six.
Note: National Aerospace Laboratories (NAL)
Headquarters: Bangalore, India; National Aerospace Laboratories (NAL) Director:
Jitendra J Jadhav.
3.
Union Minister launches Garib Kalyan Rojgar Abhiyaan web portal: Union Minister for
Rural Development and Panchayati Raj Narendra Singh Tomar has launched Garib
Kalyan Rojgar Abhiyaan web portal through video conferencing. It will provide
district and work-wise information about Garib Kalyan Rojgar Abhiyaan. It will
help in monitoring the completion of the works. Garib Kalyan Rojgar Abhiyaan is
a massive employment generation-cum-rural infrastructure creation programme.
The launch was followed by Central Nodal Officers workshop.
4. AP
govt. launches YSR Kapu Nestham, to provide Rs 15,000 for eligible women: Chief Minister of
Andhra Pradesh YS Jagan Mohan Reddy launched ‘YSR Kapu Nestham’ at his camp
office for the welfare of the women from Kapu community. Under the scheme, the
government will provide Rs 15,000 per year for all the eligible women aged
between 45 and 60 years for a period of five years. Around 2.36 lakh women will
benefit through the scheme in the first year and the amount will be credited in
the bank accounts. The government allocated Rs 354 crore for the scheme in the
first year.
5.
Centre allocates Rs 4125 cr to rejuvenate Small, Medium & Tiny Industries
sector in Tamil Nadu: The Central government has allocated 4125 crore
rupeesfor rejuvenating the Small, Medium and Tiny Industries sector in Tamil
Nadu. Tamil Nadu Chief Minister Edapadi Palanisamy told that this forms 10 per
cent of the total allocation of the scheme. He said that the scheme is being
effectively implemented in the state.
6.
Vini Mahajan became the 1st woman Chief Secretary of Punjab: Vini Mahajan
(1987-batch IAS Officer) took over as the first woman Chief Secretary of
Punjab. She succeeded Karan Avtar Singh (1984-batch IAS Officer), who is posted
as Special Chief Secretary, Governance Reforms and Public Grievances. She has
superseded 5 senior IAS officers and a batch-mate, Viswajeet Khanna.
Note: Chief Minister of Punjab: Amarinder
Singh; Governor of Punjab: Vijayender Pal Singh Badnore.
7.
Haryana govt, Reliance Jio TV enter agreement to educate 52 lakh students: Haryana has entered
into an agreement with Reliance Jio TV under the Chief Minister’s Distance
Education Programme that will benefit 52 lakh school students largely residing
in villages amid the Covid-19 pandemic. Under the agreement, all four channels
of Eduset will now be available on the Jio platform free of cost. In order to ensure that knowledge reaches all
children, the broadcast content on television will also be available for a week
so that the students can watch it according to their convenience and time.
INTERNATIONAL UPDATES:
1.
NASA Names its Washington, D.C. headquarters after Mary W. Jackson: NASA Administrator
Jim Bridenstine has announced that the agency’s headquarters building in
Washington, D.C., will be named after Mary W. Jackson, the first African
American female engineer at NASA. It would be called as Mary W. Jackson NASA
Headquarters. Jackson started her NASA career in 1951 as a human computer, a
mathematician who performed hand calculations for NASA missions.
Note: Headquarters of NASA: Washington
D.C., United States.
2.
36th ASEAN Summit held virtually, hosted by Vietnam: The 36th ASEAN
Summit held via teleconference in light of the COVID-19 outbreak. Vietnam, as
the ASEAN Chair, is to emphasize unity in the region to respond to current
challenges, and it is expected that ASEAN leaders will discuss cooperation on
public health, and draft a plan for post COVID-19 rehabilitation. With the
theme “Cohesive and Responsive ASEAN”, the summit discuss the regional comprehensive
post-pandemic recovery plans, implement initiatives including establishing the
ASEAN COVID-19 response fund, setting up a reserve for medical supplies to meet
urgent needs during epidemics, building the ASEAN standard procedures of
epidemic response in case of health emergency.
3.
India ranks 77th in terms of money parked with Swiss banks, UK tops: India has moved
down three places to 77th rank in terms of money parked by its citizens and
enterprises with Swiss banks at the end of 2019, as per the latest annual
banking statistics released by the Swiss National Bank (SNB). India was ranked
74th in 2018. As per the latest data, India accounted for just about 0.06
percent of the aggregate funds parked by all foreign clients of
Switzerland-based banks. However, many neighbouring countries are below India
in the list. Among them, Pakistan is ranked 99th, Bangladesh 85th, Nepal 118th,
Sri Lanka 148th, Myanmar 186th and Bhutan 196th. UK has retained its top
position, accounting for close to 27 percent of the total foreign funds parked
with Swiss banks at the end of 2019. UK is followed by the US, West Indies,
France and Hong Kong in the top five. These top-five countries alone account
for more than 50 percent of the aggregate foreign funds parked with the Swiss
banks.
Note: Swiss National Bank (SNB)
Headquarters: Zurich, Switzerland; Swiss National Bank (SNB) Chairman: Thomas
Jordan.
4.
Micro-, Small and Medium-sized Enterprises Day: 27th June: The United Nations
Micro, Small and Medium-sized Enterprises Day is held on June 27 since 2017 to
celebrate the work of MSME in local and global economies and their contribution
to sustainable development. 2020 Theme is “COVID-19: The Great Lockdown and its
impact on Small Business“.These enterprises, which generally employ fewer than
250 persons, are the backbone of most economies worldwide.
Note: International Society for Small and
Medium Enterprises Headquarters: New Delhi.
OTHER UPDATES:
SPORTS
1.
Australia and New Zealand Named as co-hosts for 2023 FIFA Women’s World Cup: The FIFA Women’s
World Cup 2023™ will be hosted by Australia and New Zealand. The joint offer
put together by Football Federation Australia and New Zealand Football got 22
of the 35 substantial votes cast by the FIFA Council individuals in the first
voting form, with the Colombian Football Association having acquired 13 votes.
It will be the first edition to feature 32 teams, up from 24 teams earlier.
This will also be the first the time that the tournament will take place in two
different countries from two separate confederations. The prize money for 2023
is expected to be $100 million. FIFA, world soccer’s governing body, has also
approved $1 billion in investment in women’s soccer over the next four years.
Note: Headquarters of FIFA: Zürich, Switzerland;
President of FIFA Gianni Infantino.
2.
Rahul Dravid beats Sachin Tendulkar to emerge as India’s greatest Test batsman
in Wisden poll: Former
Indian skipper Rahul Dravid has emerged as the greatest Indian Test batsman of
all time, after beating legendary cricketer Sachin Tendulkar in a poll
conducted by Wisden India on social media recently. The poll was recently
conducted on the website’s official Facebook account. Dravid got 52 percent of
the votes, with as many as 11,400 fans taking part in the final round of
voting. Dravid saw off Tendulkar within the final round of the voting by a
narrow margin despite trailing at 42 per cent. The poll initially had 16 Indian
batting greats.
BANKING AND FINANCE
1.
Yes Bank launches mobile payment app ‘Yuva Pay’ in collaboration with UDMA
Technologies: Yes
Bank has partnered with UDMA Technologies to launch its digital wallet solution
‘Yuva Pay’ to enable contactless payments for its customers. Yuva Pay app will
offer bill payments via Bharat Bill Pay and provide Unified Payments Interface
(UPI) facility to customers. The app will enable the customers to pay their
utility bills, make insurance renewals, FASTag recharges, EMI payments, and use
the app to make payments at retail outlets. For feature set users, Yuva Pay
will leverage Interactive Voice Response Services (IVRS) wherein all
transactions are processed securely via OTP and T-PIN (telephone pin)
authentication.
Note: Yes Bank Headquarters: Mumbai,
Maharashtra; Yes Bank MD & CEO: Prashant Kumar.
2.
President proclaims Banking Regulation (Amendment) Ordinance, 2020: President Ram Nath
Kovind has promulgated the Banking Regulation (Amendment) Ordinance 2020 to
ensure depositors safety across banks. This ordinance amends Banking Regulation
Act, 1949 as applicable to Cooperative Banks. It will not only protect depositors’
interest but will strengthen cooperative banks with improved governance. It
will facilitate reconstruction or amalgamation scheme protecting the interest
of public and banking system without making moratorium order.
BUSINESS AND ECONOMY
1.
Sachin Bansal’s startup ‘Navi’ launches instant lending app to disburse
personal loans: Bengaluru-headquartered
Navi Technologies, a financial services startup founded by Flipkart co-founder
Sachin Bansal, has launched a mobile app to provide instant personal loans, and
targeted at consumers in the middle-income segment. The ‘Navi Lending’ app will
provide instant loans of up to Rs 5 lakh with repayment tenures of up to 36
months. The loan process will be done completely using digital and contactless
process for customers. The loan amount will be sent directly into the bank
accounts of consumers who will need to enter their permanent account number
(PAN) and Aadhaar numbers to link their accounts.
DEFENCE
1.
Navy Inducts Indigenously Developed Advanced Torpedo Decoy System: Navy has inducted
an advanced Torpedo Decoy System giving a major boost to anti-submarine
warfare. It is indigenously designed and developed by DRDO labs (NSTL and
NPOL). It is capable of being fired from all frontline warships. User
evaluation trials have been successfully completed along with demonstration of
its feature. Its induction was jointly done by Indian Navy and DRDO. It has
given major boost to Government's 'Make in India' and 'Atmanirbhar' initiative.
OBITUARIES
1.
Vir Chakra awardee Sqn. Ldr. Parvez Jamasji passes away: Vir Chakra awardee,
Sqn Ldr (retd) Parvez Jamasji passed away. He was commissioned in 1965 and
retired in 1985. He was awarded the Vir Chakra for gallantry during the 1971
Indo-Pakistan war. During the operations against Pakistan in December 1971,
Flight Lieutenant Parvez Rustom Jamasji was serving with a helicopter unit. His
Helicopter flown by him was attacked twice by machine gun and twice by mortars.
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