NATIONAL UPDATES:
1. MP
Govt to launch 'CM Learn and Earn' scheme: MP
government has launched Chief Minister's Learn and Earn
scheme to teach employable skills to the youth.
Feature:
·
The youth will also be given
an allowance of Rs 8,000 to 10,000
·
703 work areas have been identified for
training
·
At least one lakh youth would be trained
·
The registration of
establishments providing training to youth will start on June 7
·
The registration of youth willing to
learn work will start on 15th June
·
The youth will start working from 1st
August
2. Mission
on Advanced and High-Impact Research (MAHIR) to be launched: The Ministry of Power and the Ministry of New and
Renewable Energy joined hands to launch a National Mission titled
“Mission on Advanced and High-Impact Research (MAHIR)”. Aim: To quickly
identify emerging technologies in the power sector and develop them
indigenously, at scale, for deployment within and outside India Funded
by: Ministry of Power, Ministry of New and Renewable Energy, and CPSEs
under the two Ministries Tenure: Five years, 2023-24 to 2027-28
3. Uttar
Pradesh govt launches Nand Baba Milk Mission scheme: Uttar Pradesh has launched the Nand Baba Milk Mission scheme
at a cost of Rs 1,000 crore. Aim: To provide milk producers the facility
of selling their milk at a reasonable price in villages through dairy
cooperative societies Under this mission, it is proposed to form a Dairy
farmer producer organization (Dairy FPO) in order to facilitate the sale
of milk in producers' villages itself. UP is a leading state in the field of
milk development and milk production.
4. PM flags off two schemes to revive wetlands,
mangroves: Prime Minister Narendra Modi has
launched two schemes named Amrit Dharohar and MISHTI (Mangrove
Initiative for Shoreline Habitats and Tangible Incomes). The MISHTI scheme will
help in reviving and protecting the mangrove ecosystem in the country. India
currently has 75 Ramsar sites that are wetlands of international importance and
designated under the Ramsar Convention on Wetlands. In the last nine years, the
number of wetlands and Ramsar sites in India have increased almost three times.
The launch of Amrit Dharohar Yojana on World Environment Day will ensure the
conservation of the existing Ramsar sites through public participation, and
these Ramsar sites will become centres of eco-tourism and a source of green
jobs for thousands of people. In the 2023-24 budget, Union finance minister
Nirmala Sitharaman announced Amrit Dharohar and MISHTI schemes to protect vital
wetlands that sustain aquatic biodiversity and mangrove plantations along the
coastline and on salt pan lands.
5. AICTE to launch ‘One Student One Tree Campaign 2023’: All India Council for Technical Education
(AICTE) will launch “One Student One Tree Campaign 2023” and
that UGC too has taken initiatives for creating awareness about
Mission LiFE. The celebration of World Environment Day across the country
envisages involvement of youth in spreading the message of LiFE, along with
sensitizing school going children and others about LiFE. The mantra of Mission
Life is ‘Lifestyle For Environment’ to make the fight against climate change
democratic, in which everyone can contribute within their capacity. He also
released guidelines and a curriculum framework for environmental education at
the undergraduate level. The guidelines include areas such as climate change,
pollution, waste management, and sustainable development.
6. UP govt launches ‘Elder Line’ service to give shelter
to elderly homeless: Uttar Pradesh Social Welfare Department has launched
the ‘Elder Line’ 14567 service. The objective of the helpline is to rescue
destitute old persons and provide them shelter in old age homes. The initiative
is the brainchild of Minister of State (Independent Charge) for Social Welfare
Aseem Arun, who earlier headed the emergency helpline 112. ‘Elder Line’ 14567
service has been activated, actively responding to distress related to older
persons. At present there are 6,053 inmates in these homes, both male and
female, who are spending the twilight years of their life with dignity. The
inmates are provided food, health facilities and entertainment facilities free
of cost.
7. Colonel Shuchita becomes 1st woman to command
Communication Zone: Colonel Shuchita Shekhar has become the first woman officer to
command a Communication Zone Mechanical Transport Battalion in the Indian
Army Service Corps. She is responsible for the maintenance of the Supply Chain
of the fully operational Northern Command. This is a significant milestone in
the history of the Indian Army and a great step towards gender equality.
8. Wrangler signs Smriti Mandhana as brand ambassador: Ace Turtle Omni Pvt Ltd., a retail company,
has appointed Indian cricketer Smriti Mandhana as the brand
ambassador of its Wrangler brand. The company is the exclusive licensee of the
denim brand in India. The company aims for significant expansion in the fiscal
year 2024. Mandhana embodies the company’s values and is expected to inspire
customers to embrace their uniqueness and pursue their dreams.
INTERNATIONAL UPDATES:
1. World
Food Safety Day 2023: 7th June: The fifth World Food
Safety Day is celebrated on 7 June 2023 to draw attention to
help prevent, detect, and manage foodborne risks, contributing to food
security, human health, agriculture, and sustainable development. 2023 theme:
Food Standards Save Live The 2023 theme emphasizes that how important food
standards are to protecting public health. This day was established by the
WHO and FAO in 2018. On June 7, 2019, the first World Food
Safety Day was observed.
2. India's
internet economy set to hit $1 trillion in 7 years: Report: According to a report titled 'The e-Conomy of a Billion Connected
Indians' published by Google, Temasek and Bain & Company, India’s
internet economy is expected to grow six-fold to $1 trillion by 2030
from $175 billion in 2022. The contribution of the Internet economy to India’s
technology sector would expand, from 48% to 62% in 2030. The report emphasizes
that the growth will be spearheaded by the B2C e-commerce segment,
followed by B2B, and SaaS providers.
3. Cyclone
Biparjoy likely to intensify into severe cyclonic storm: The India Meteorological Department informed that Cyclone
'Biparjoy' would be intensified into a very severe storm as it moved
nearly northwards with a speed of 2 kmph in the last 6 hours. The cyclonic
storms in the Bay of Bengal and the Arabian Sea have been
intensifying rapidly and retaining their intensity for a longer duration due to
climate change. The name Biparjoy was given to the cyclone by Bangladesh,
which means “Disaster” in Bengali.
4. Sarbananda Sonowal flags off India’s 1st International
Cruise Vessel: Union Minister for Ports, Shipping and
Waterways, Sarbananda Sonowal flagged off India’s first international
cruise vessel – MV Empress, from Chennai to Sri Lanka. This is the launch of
the International Cruise Tourism Terminal at Chennai built at a cost of Rs
17.21 crore, ushering in a new era of cruise tourism and maritime trade in the
country. On the occasion of Environment Day, Sonowal along with the port
officials also planted 2,500 saplings at the port. The launch of the first
cruise service between Chennai and Sri Lanka has opened a new chapter in the
cruise tourism sector in the country. This is the result of an MoU signed
during the Incredible India International Cruise Summit in 2022 between Chennai
Port and M/s Waterways Leisure Tourism Pvt Ltd to start domestic and
international cruise services.
5. Israel introduces digital birth certificates: Israel Government has introduced
a digital birth certificate for someone who was born in Israel
for free. The service allows parents to receive the birth certificate
immediately as a digital file via email or mobile device app. The Authority
said the new service will allow the public to receive the birth certificate
immediately as a digital file sent by email or by mobile device app, without
the need for people to personally go down to a government office to take care
of this or to wait for the document to arrive in the mail. The new service
eliminates the need for people to personally go to a government office to
obtain the document.
6. 7 June – World Food Safety Day: World Food Safety Day is celebrated
every year on 7 June. The day has emerged as an important occasion for
raising awareness about the importance of food safety standards at all levels. Theme
2023- Food Standards Save Lives This day was first designated by the World
Health Organization (WHO) and the Food and Agriculture Organization (FAO) in
2018. The history of World Food Safety Day traces back to December 2018 when
the UN officially approved the day. The inaugural World Food Safety Day was
observed on June 7, 2019, marking a milestone in global efforts to address food
safety challenges.
OTHER UPDATES:
SPORTS
1. Shot
putter Siddharth Choudhary wins gold at Asian U20 Athletics C'ship: India's Siddharth Choudhary has clinched the gold medal
in the men’s shot put with a personal best throw of 19.52
metres at the Under 20 Asian Athletics Championships in Yecheon,
South Korea. Three other players Sharuk Khan (3000-metre steeplechase),
Shivam Lohakare (Javelin), and Susmita (Long Jump) have also clinched
the silver medals in their respective events. While Shakeel (800
metres) and the mixed relay team won the bronze medal.
2. Amlan Borgohain bags two gold medals in Flanders Cup
2023: Indian sprinter, Amlan Borgohain has
bagged two gold medals in the men’s 100 and 200-meter races
category at the Flanders Cup 2023 athletics in Merksem, Belgium. Borgohain
clocked 10.70 seconds to emerge as the fastest man of the meet. He holds the
100-meter national record of 10.25 seconds. In the 200 meter, the 25-year-old
Borgohain clocked 20.96 seconds to emerge winner ahead of Hofman 21.42 and
Jamaica’s Samuel Rowe 21.88. Meanwhile, Sapna Kumari finished behind Belgium’s
Amber Vanden Bosch in the women’s 100m hurdles after clocking 14.10.
BANKING AND FINANCE
1. World
Bank cuts India growth forecast but lifts global outlook: According to the Global Economic Prospects report, released by
the World Bank, India's growth outlook has been lowered to 6.3% in
FY2023/24, a 0.3% point downward revision from January 2023. The bank has
also raised the 2023 global growth forecast, highlighting that
the U.S. and other major economies have proven more resilient than
forecast. The global Real GDP would climb 2.1% in 2023, up from a 1.7%
forecast issued in January 2023 but below 3.1% (2022 growth rate).
2. Wipro
and Microsoft launch innovation experience for financial services: Wipro Limited has collaborated with Microsoft to launch the Wipro
Industry Innovation Experience for Financial Services. It will feature a
new suite of banking and financial services solutions built on Microsoft
Cloud. Aim: To help financial services clients accelerate growth and
deepen client relationships
It
would bring together Microsoft Cloud capabilities with Wipro FullStride
Cloud, as well as leverage Wipro’s and Capco’s deep domain
expertise in financial services
3. Kotak
Bank launches Réserve: Kotak Private Banking (division of
Kotak Mahindra Bank) has unveiled a Savings Programme named 'Kotak
Réserve', curated exclusively for Ultra High Net Worth Individuals
(UHNIs) and High Net Worth Individuals (HNIs). This by-invite
program extends beyond banking services, offering a range of exclusive
amenities to provide clients with an unparalleled luxury banking experience. Aim: To
deliver a premium banking experience by offering exclusive lifestyle benefits
1. Yes
Securities announced Partnership with WatchYourHealth: YES SECURITIES has partnered with WatchYourHealth to
provide investment solutions to healthcare professionals through the
‘Wellth- Where Investments and Health Unite’ program. Aim: To help the
healthcare community start their investment journey for successful wealth
creation and achieving long-term financial goals It will also provide
free-of-cost demat and trading accounts, monthly stock research
recommendations, and tailor-made product offerings based on needs.
2. HDFC
Bank introduces Millennia Credit Card: HDFC
Bank has introduced a new credit card 'Millennia', that comes with
contactless technology allowing customers to ‘tap and pay’ via POS machine. It offers
cashback and reward points on Amazon, Flipkart, and other e-commerce
platforms. It also offers 1% cash back on offline purchases, smart EMI, and
lounge access for free. It is applicable to both self-employed and
salaried persons. People earning a maximum of ₹35,000 gross salary can
apply for the card.
AWARDS AND HONOURS
1. Ramanathapuram DFO Jagish S Bakan bagged Unesco award 2023: District Forest Officer (DFO) of Ramanathapuram district, Jagdish Bakan has won the 2023 Michel Batisse Award for Biosphere Reserve Management from UNESCO. The 2017 batch officer of the IFS is currently the director of the Gulf of Mannar Biosphere Reserve. The USD 12,000 award is given in memory of Dr. Michel Batisse for outstanding achievement in the management of biosphere reserves. He will receive the award from Unesco in Paris on June 14, 2023.
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