NATIONAL UPDATES:
1.
Government launches YUVA PM Scheme for Mentoring Young Authors: The Department of
Higher Education under the Ministry of Education has launched a new initiative
called ‘YUVA- Prime Minister’s Scheme For Mentoring Young Authors’. YUVA stands
for Young, Upcoming and Versatile Authors. It is an Author Mentorship programme
to train young and budding authors, below 30 years of age to promote reading,
writing and book culture in the country, and project India and Indian writings
globally.
About the scheme:
(1) The National Book Trust, India under
the Ministry of Education will be the Implementing Agency for the scheme.
(2) A total of 75 authors will be selected
through an All India Contest, that will be conducted through
https://www.mygov.in/ from 1 June – 31 July 2021.
(3) The young winning authors will be
trained by eminent authors/mentors.
(4) A consolidated scholarship of Rs.50,000
per month for a period of six months per author will be paid under the
Mentorship Scheme.
Note: Chairman of National Book Trust,
India: Govind Prasad Sharma.
2.
Govt announces scheme to provide pension for dependents of Covid victims: The Prime Minister
Narendra Modi-led Government of India has announced two major measures for
those families who have lost the earning member due to Covid, to mitigate
financial difficulties that may be faced by them. Firstly, the government have
decided to provide family pension to such families and secondly, provide them
with enhanced &liberalised insurance compensation.
Key Facts relating to the schemes:
(1) Family Pension under Employees State
Insurance Corporation (ESIC): Dependent family members of such persons will be
entitled to get the benefit of a pension equivalent to 90% of the average daily
wage drawn by the worker as per the existing norms. This benefit will be
applicable with effect from 24 March 2020 till 24 March 2022.
(2) Employees Provident Fund Organization-
Employees’ Deposit Linked Insurance Scheme (EDLI): The insurance benefits under
the EDLI scheme have been enhanced and liberalized, particularly to help the
families of employees who have lost their lives due to COVID. The amount of
maximum insurance benefit has been increased from Rs 6 lakh to Rs. 7 lakh. The
provision of minimum insurance benefit has been retained at Rs. 2.5 lakh. This
benefit will apply retrospectively from 15 February 2020 for the next three
years, that is 15 February 2022.
3.
IIT Guwahati researchers design “smart windows” to cut carbon emissions: IIT Guwahati
researchers have developed a “Smart Window” material that can effectively
control the amount of heat and light passing through it in response to an
applied voltage. This material can help in developing automatic climate control
systems in buildings. Such materials can help develop efficient automatic
climate control systems in buildings, the scientists claimed. This study was
recently published in the journal- ‘Solar Energy Materials & Solar Cells.
However, achieving such a target is made easier by innovation by
DebabrataSikdar, an assistant professor at IIT’s Department of Electronics and
Electrical Engineering, and his research student Ashish Kumar Chowdhary.
4.
Ravi Shahtri’s Debut Book Titled ‘Stargazing: The Players in My Life’: Cricket
all-rounder, commentator and coach, Ravi Shastri is now making his publishing
debut, as he has penned a book titled ‘Stargazing: The Players in My Life’. The
book is being published by HarperCollins India. It is been co-authored by
AyazMemon. It is expected to be released on June 25, 2021. In the book, Shastri
has written about some 60 extraordinary talents he has met from across the
world who have inspired him.
5.
Bollywood actor Sanjay Dutt receives UAE’s Golden Visa: The UAE government
awarded Bollywood actor Sanjay Dutt with its Golden Visa. The Golden Visa
system essentially offers long-term residency to people with outstanding
talents. In 2019, UAE implemented a new system for long-term residence visas
enabling foreigners to live, work & study there without the need of a
national sponsor & with 100% ownership of their business. As per reports,
Sanjay Dutt is the first mainstream to receive the Golden Visa. The visas have
a validity of either 5 or 10 years and are renewed automatically.
Note: UAE Capital: Abu Dhabi; UAE Currency:
United Arab Emirates dirham; UAE President: Khalifa bin Zayed Al Nahyan.
INTERNATIONALUPDATES:
1.
WHO names Covid-19 variants first found in India as ‘Kappa’ and ‘Delta’: The UN health
agency, World Health Organisation (WHO), has given easy-to-say labels to two
variants of the Covid-19, first found in India. The two variants are B.1.617.1
and B.1.617.2. The B.1.617.1 variant of the Covid 19 has been named as ‘Kappa’
while the B1.617.2 variant is named as ‘Delta.’ The naming of these variants do
not aim at replacing the existing scientific names of these #SARSCoV2 Variants
of Concern (VOCs) & Interest (VOIs), but is aimed at helping the public
discussion about VOI/VOC.
Note: WHO was established on 7 April, 1948;
WHO is headquartered in Geneva, Switzerland; WHO current President is
DrTedrosAdhanom Ghebreyesus.
2.
World Environment Day: 5th June: World Environment Day is observed
globally on 5th June every year. This day is observed to raise awareness about
protecting the environment and to remind people not to take nature for granted.
The day provides an opportunity to broaden the “basis for an enlightened
opinion and responsible conduct by individuals, enterprises, and communities in
preserving and enhancing the environment.” The theme of this year’s World
Environment Day is ‘Reimagine. Recreate. Restore.’ as this year marks the
beginning of the United Nations Decade on Ecosystem Restoration. Pakistan is
the global host for the day to highlight the importance of ecosystem
restoration this year.
World Environment Day History:The first time
World Environment Day was celebrated in 1974 with the slogan “Only one Earth”.
In 1972 the conference was held on Human Environment which began from 5th to
16th June at United Nations.
3. International
Day for the Fight against Illegal, Unreported and Unregulated Fishing: 5th
June:
International Day for the Fight against Illegal, Unreported and Unregulated
Fishing is organized every year on 5th June. According to the UN Food and
Agriculture Organization (FAO), illegal, unreported and unregulated fishing
activities are responsible for the loss of 11–26 million tonnes of fish each
year, which is estimated to have an economic value of US$10–23 billion.
History of the day: In 2015, the
General Fisheries Commission for the Mediterranean of the FAO proposed that an
initiative be launched to declare an International Day for the Fight against
Illegal, Unreported and Unregulated Fishing. Following extensive consultations,
a proposal was submitted to the attention of the thirty-second session of the
FAO Committee on Fisheries. In December 2017 the UN General Assembly in its
annual resolution on sustainable fisheries proclaimed 5 June as the
“International Day for the Fight Against Illegal, Unreported and Unregulated
Fishing.”
Note: Food and Agriculture Organization
Head: Qu Dongyu; Food and Agriculture Organization Headquarters: Rome, Italy;
Food and Agriculture Organization Established: 16 October 1945.
OTHER UPDATES:
SPORTS
1.
Pooja Rani Wins 75kg Gold for India in 2021 Asian Amateur Boxing Championships:
India’s
Pooja Rani won the gold medal in the 75kg Women’s Middle category final at the
2021 Asian Amateur Boxing Championships, in Dubai. She was the lone Indian
woman boxer to strike gold at the 2021 Asian Championships. Indian women
secured overall ten medals, including one gold, three silver and six bronze.
Silver Medal Winners:
Mary Kom – 51 kg Flyweight
Lal BuatSaihi – 64 kg Light welterweight
AnupamaKundu – 81+ kg Heavyweight
Bronze Medal Winners:
Monika – 48 kg Light flyweight
Sakshi Chaudhary – 54 kg Bantamweight
Jasmine – 57 kg Featherweight
Simranjit Kaur – 60 kg Lightweight
LovlinaBorgohain – 69 kg Welterweight
Saweety Boora – 81 kg Light heavyweight
BANKING AND FINANCE
1.
RBI cancels licence of ShivajiraoBhosaleSahakari Bank: The Reserve Bank of
India (RBI) has cancelled the licence of Pune-based ShivajiraoBhosaleSahakari
Bank. The bank ceases to carry on banking business, with effect from the close
of business on May 31. The bank does not have adequate capital and earning
prospects. As such, it does not comply with the provision of the Banking Regulation
Act, 1949. The RBI observed that the bank with its present financial position
would be unable to pay its present depositors in full. The bank was placed
under RBI Directions from the close of business on May 4, 2019.
With the cancellation of licence and
commencement of liquidation proceedings, the process of paying the depositors
of the bank as per the Deposit Insurance and Credit Guarantee Corporation
(DICGC). Act, 1961, will be set in motion. As per the data submitted by the
bank, more than 98 per cent of the depositors will receive full amounts of
their deposits from DICGC.
BUSINESS AND ECONOMY
1.
Pharmeasy acquires Medlife to create India’s largest online pharmacy: Pharmeasy has
announced the acquisition of rival Medlife, thereby creating India’s largest
online pharmacy. The deal will make PharmEasy the largest player in the
domestic online pharmacy sector, with the combined entity set to serve 2
million customers a month. The deal values the stake of Medlife shareholders at
$250 million. Medlife customers need to log in to the PharmEasy app to start
using their Medlife account via the same mobile number. All their digitised
prescriptions and saved addresses dating back to a year will be available on
the PharmEasy app.
AWARDS AND HONOURS
1.
Utah Jazz’s Jordan Clarkson wins 2021 Sixth Man of the Year: Utah Jazz guard
Jordan Clarkson has won the 2020-21 Kia NBA Sixth Man Award for his
contributions in a reserve role. This is the first Sixth Man honour for
Clarkson, who becomes the first player to win the annual award with the Jazz.
Clarkson becomes the first player in Jazz franchise history to win the award
and was presented the trophy by his teammate and fellow Sixth Man of the Year
Finalist Joe Ingles. Clarkson received 65 first-place votes and earned 407
total points from a global panel of 100 sportswriters and broadcasters.
OBITUARIES
1. Former Danish Prime Minister PoulSchlueter Passes Away: Former Denmark’s prime ministerPoulSchlueter, who negotiated exemptions for his country to a key European Union(EU) treaty has passed away. He was born on 3 April 1929 in Tonder, Denmark. Schlueter served as the prime minister of the country from 1982-1993.
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