NATIONAL UPDATES:
1.
Union Minister Dr. Virendra Kumar launched the Scheme “SHRESHTA”: Union Minister of
social Justice and empowerment Dr. Virendra Kumar has launched the Scheme
“SHRESHTA”-Scheme for residential education for students in High school in
Targeted Areas. The Scheme for Residential Education for Students in Targeted
Areas (SHRESHTA) has been formulated with the objective to provide quality
education and opportunities for even the poorest.
About the SHRESHTA Scheme:
a)
Scheme
for Residential Education for Students in High Schools in Targeted Areas
(SHRESHTA) provides for high quality education for meritorious but poor SC
students in CBSE-affiliated reputed residential schools across the country.
b)
Approximately
3,000 seats are provided each year for admission in class 9th and 11th and the
entire cost of the school fee and residential charges are borne by the
Department.
c)
The
students, belonging to Scheduled Castes, studying in class 8th and 10th in the
current academic year are eligible for availing the benefits of scheme are
selected through a transparent mechanism through a National Entrance Test for
SHRESHTA (NETS), which is conducted by the National Testing Agency (NTA) for
admission in class 9th and 11th.
d)
Students
belonging to marginalized income group within the SC community, whose parental
annual income is upto Rs.2.5 Lakh are eligible. Successful candidates, after
following the e-counselling process, are given admission in the school of their
choice anywhere in the Country for their academic persuasion.
e)
The
Department shall bear the total cost of the school fee and hostel charges till
completion of their academic upto class 12th. There after the students of the
scheme may avail benefits of other schemes of the Department fortheir higher
education.
2.
Rajasthan’s Special Health Care Abhiyan ‘Anchal’ launched for pregnant women: In Rajasthan, a
Special Health Care Abhiyan ‘Anchal’ has been launched in the Karauli district
for pregnant women. More than 13 thousand women have benefited from this
Abhiyan. During the campaign, 13,144 pregnant women were tested for their
hemoglobin levels, out of which 11,202 were found to be anemic. These women were
advised to take the right medicine and necessary nutritious diet. They were
also advised to keep themselves stress-free.
About the Anchal Campaign: This unique
campaign was started on the initiative of District Collector Ankit Kumar Singh
to ensure all necessary medical aid to pregnant women at the pre and post-natal
stage so that maternal and infant mortality rates could be reduced. Under this
campaign, it is also ensured that the Auxiliary Nurse Midwife and ASHA workers
in the district will keep in constant contact with the pregnant women of their
respective areas and provide them with necessary counseling and treatment as
and when required.
Note: Chief Minister of Rajasthan: Ashok
Gehlot; Governor: Kalraj Mishra.
3.
Tamil Nadu Govt signed MoU with IPPB for pensioner’s digital life certificate: The Tamil Nadu
government signed a Memorandum of Understanding (MoU) with the India Post
Payments Bank (IPPB) for obtaining life certificate from pensioners through
doorstep services of the Postal Department. IPPB would transfer it to the
doorstep services at a cost of Rs 70 per digital life certificate. Almost most
than 7.15 lakh State government pensioners/ family pensioners submit their life
certificate during July, August and September every year.
Key Points:
a)
Recently,
the State government issued orders for five modes of annual mustering of
pensioners during July to September this year, including the doorstep services
of the IPPB, for obtaining digital life certificate through Jeevan Pramaan
Portal to avoid hardship of coming in person for aged pensioners/family
pensioners.
b)
As
of now, mustering can be done by pensioners/family pensioners by exercising any
one of three options—direct mustering (physical appearance); submission of life
certificate through post; and digital life certificate (DLC) through Jeevan
Pramaan Portal by using biometric device. Due to COVID-19 pandemic, exemption
from annual mustering was granted during the last two years.
Note: India Post Payments Bank CEO: J.
Venkatramu; India Post Payments Bank Headquarters location: New Delhi; India
Post Payments Bank Founded: 1 September 2018.
4.
Meghalaya Wins Best Project Award at UN World Summit: The Meghalaya
government key initiative of e-proposal system, part of Meghalaya Enterprise
Architect has won a coveted UN Award- World Summit on the Information Society
Forum (WSIS) prize at Geneva in Switzerland. Secretary General of ITU, Houlin
Zhao presented the winner award to Chief Minister Conrad K Sangma in the WSIS
Forum Prizes 2022, held at Geneva, Switzerland. Post this there was voting to
select the best 90 projects which were invited in Geneva, Switzerland for the
final award.
Meghalaya contested with projects from
Australia, China, Argentina and Tanzania. Meghalaya was declared as the best
project in the category and MeghEA is the only project from India to win the
Winner Award this year.
About the MeghEA project: MeghEA project is
being implemented by Planning Department, Government of Meghalaya. The project
has several components such as Government to Citizen or Business services,
Government to Employee services and Government to Government
services.E-Proposal system, part of the Government-to-Government component,
enables faster processing and tracking of schemes.
Note: Meghalaya Chief Minister: Conrad
Sangma; Meghalaya Capital: Shillong; Meghalaya Governor: Satya Pal Malik.
INTERNATIONAL UPDATES:
1. UN
approves Turkey’s request to change name to Turkiye: The United Nations
has changed the Republic of Turkey’s country name at the organisation from
“Turkey” to “Türkiye”, following a request from Ankara for the change. UN
spokesman Stephane Dujarric had been received from the Turkish foreign minister
Mevlut Cavusoglu addressed to Secretary-General Antonio Guterres, requesting
the use of “Türkiye” instead of “Turkey” for all affairs.
Turkey began the move to change its
internationally recognised official name in English to Türkiye in December
after Turkish President Recep Tayyip Erdogan released a memorandum and asked
the public to use Türkiye to describe the country in every language. Türkiye is
the best representation and expression of the Turkish people’s culture,
civilization and values.
Note: Turkiye Capital: Ankara; President of
Turkiye: Recep Tayyip Erdogan; Turkiye Currency: Turkish lira.
2.
Russian Language Day: 6th June: The UN Russian Language Day is observed
annually on 06 June. It is one of the six official languages used by the United
Nations throughout the Organization. The day was established by the United
Nations Educational, Scientific and Cultural Organization (UNESCO) in 2010.
June 6, the birthday of the great Russian poet A.S. Pushkin, as part of the
program to support and develop multilingualism and cultural diversity, the UN
celebrates the Day of the Russian Language.
One of the goals of this program is to
maintain the equality of all six official languages of the UN: English, Arabic,
Spanish, Chinese, Russian and French. The decision to hold language days was
taken by the Department of Public Information (now the Department of Global
Communications) on the eve of International Mother Language Day, celebrated
annually on February 21 at the initiative of UNESCO.
OTHER UPDATES:
BANKING AND FINANCE
1.
HDFC ties up with Accenture for digital transformation: NBFC giant, HDFC
has announced the collaboration with global information technology services and
consulting firm, Accenture to digitally transform its lending business. The
tie-up will revamp HDFC’s customer experience and business processes to provide
greater operational agility and efficiency, and drive business growth. About
the collaboration:
a)
The
collaboration is aimed at making HDFC’s lending lifecycle paperless and nimble.
HDFC highlighted that a key element of the program is a cloud-native lending platform
with digital workflows for every step of the customer journey including
application, loan processing, credit underwriting and decisions, disbursement,
and loan servicing.
b)
It
leverages a machine learning-based decision engine aimed at improving risk
mitigation and driving agility by standardizing the credit underwriting
process.
c)
Further,
the platform includes a user-friendly mobile application and a web-based portal
for customers. Developed using human-centric design principles, the intuitive
mobile application and web portal will enable digital-native experiences and
significantly reduce the time taken for customer onboarding.
d)
Also,
the platform will offer customers real-time visibility into their home loan
application status and other related service requests anytime, anywhere.
Note: HDFC Bank Ltd MD & CEO: Sashidhar
Jagdishan; HDFC Bank Ltd Establishment: 1994; HDFC Bank Ltd Headquarters:
Mumbai, Maharashtra; HDFC Bank Ltd Tagline: We Understand Your World.
BUSINESS AND ECONOMY
1.
Govt ratifies 8.1 pc EPF interest rate for 2021-22: The government has
approved 8.1 per cent rate of interest on employees’ provident fund (EPF)
deposits for 2021-22, an over four-decade low for about five crore subscribers
of retirement fund body Employees’ Provident Fund Organisation (EPFO). Earlier
in March this year, EPFO had decided to lower the interest on provident fund
deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21.
About EPFO: The Employees’
Provident Fund Organisation is the statutory body under the Government of
India’s Ministry of Labour and Employment, which is responsible for regulation
and management of provident funds in India. The EPFO administers the mandatory
provident fund.
Note: EPFO Founded: 4 March 1952, New
Delhi; EPFO Headquarters: New Delhi.
2.
Tata Projects wins bid to build UP’s Jewar Airport: Tata Projects will
build the national capital region’s new airport at Jewar, after outbidding the
Shapoorji Pallonji Group and Larsen & Toubro for the contract. While the
deal size has not been disclosed, sources pegged it at over Rs 6,000 crore.
Tata Projects, the infrastructure and construction arm of the Tata group, will
construct the terminal, runway, airside infrastructure, roads, utilities,
landside facilities and other ancillary buildings at the Noida International
Airport.
About the contract: The new airport
is expected to be functional by 2024. With the closure of the EPC contract, the
first phase of the airport is on track to be delivered within three years of
the commencement of the concession period. According to the contract terms for
the Jewar airport, a fine of Rs 10 lakh per day will be levied on the developer
of the upcoming Noida International Airport in case of a project delay.
Note: Tata Headquarters: Mumbai; Tata
Founder: J. R. D. Tata; Tata Founded: 1945, Mumbai.
DEFENCE
1.
India-Bangladesh joint military Sampriti-X exercise begins: India-Bangladesh
bilateral defence cooperation, a joint military training exercise Ex SAMPRITI-X
is being conducted at Jashore Military Station in Bangladesh from 05 June to 16
June 2022. The aim of the exercise is to strengthen interoperability between
the two armies and to understand each other’s tactical drills and operational
techniques. About the Ex SAMPRITI-X:
a)
The
Indian contingent of company strength is being represented by a Battalion of
the DOGRA Regiment and the contingent departed by road for the exercise
location on 4 Jun 2022.
b)
During
the joint military exercise Ex Sampriti-X, armies of both the Nations will
share expertise in multiple simulated scenarios of Counter Terrorism,
Humanitarian Assistance & Disaster Relief and UN Peacekeeping Force under
UN mandate.
c)
Exercise
Sampriti is an important bilateral defence cooperation endeavour conducted
alternately by both countries which aims to strengthen and widen the aspects of
interoperability and cooperation between both the armies.
2.
IAF heritage centre to come up in Chandigarh 2022: A heritage centre
to showcase the role of the Indian Air Force in various wars and its overall
functioning will come up at Chandigarh. The ‘IAF Heritage Centre’ will be set
up jointly by the force and the Chandigarh administration. An MoU between the
Union Territory of Chandigarh and the IAF for setting up of the centre was
inked. The ceremony was attended by Punjab Governor Banwarilal Purohit and Air
Chief Marshal VR Chaudhari.
About the heritage centre: This heritage
centre will have artefact, simulators and interactive boards to highlight
various facets of IAF. It will also showcase the vital role played by the
service in various wars and assistance rendered for humanitarian assistance and
disaster relief. This joint project of Administration of UT Chandigarh and IAF
is planned to be completed by October.
Note: Indian Airforce founded: 08th October 1932; Indian Airforce Headquarters: New Delhi; Indian Airforce Chief of Air Staff: Vivek Ram Chaudhari.
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