NATIONAL UPDATES:
1. Andhra Pradesh CM launches ‘Jagananna Amma Vodi’
scheme: Andhra Pradesh Chief Minister Y S Jagan Mohan
Reddy has launched the ‘Jagananna Amma Vodi’ scheme for the fourth
year. Under this financial assistance of Rs 6,393 crore will be deposited into
the bank accounts of 43 lakh beneficiaries. Under the Amma Vodi scheme,
eligible mothers who send their children to schools will receive Rs 15,000
financial aid to meet the educational expenses. The state has credited a total
of Rs 26,067 crore under Jagananna Amma Vodi scheme, including Rs 6,393 crore
disbursal set in motion.
2. IPS officer Ajay Bhatnagar appointed as Special
Director in CBI: Ajay Bhatnagar has
been appointed as the Special Director of the Central Bureau of
Investigation (CBI). Bhatnagar is a senior IPS officer of the 1989 batch from
Jharkhand cadre. Currently serving as Additional Director in the CBI, Bhatnagar
will hold the position of Special Director until his superannuation on November
20, 2024. Anurag, who was previously Joint Director in the CBI, has been
promoted to the role of Additional Director in the agency for a period until
July 24, 2023, which completes his seven-year tenure. Manoj Sashidhar, a 1994
batch IPS officer from Gujarat cadre, has been appointed as Additional Director
in the CBI for a three-year term. He is currently serving as Joint Director in
the agency.
3. Deloitte appoints Manoj Kohli as senior advisor: Deloitte has appointed Manoj Kohli as
a senior advisor to leverage his extensive business and industry
knowledge. Kohli has 44 years of experience across 30 countries, with expertise
in technology, telecommunications, renewables, and digital sectors. He played a
pivotal role in expanding Softbank India’s presence in India. Prior to that, he
served as the CEO and Managing Director of Bharati Airtel, driving the
company’s growth and market dominance in India’s telecommunications industry.
4. 1 July -GST Day: Goods and Services Tax (GST) Day is observed every year on 1
July to commemorate the implementation of the GST regime in the country. GST
is a comprehensive indirect tax imposed on the supply of goods and services
nationwide. GST was implemented in India on July 1, 2017, marking a significant
milestone in the country’s economic history. The Goods and Services Tax (GST)
idea was first proposed in India in the early 2000s to simplify the complex tax
system. The Kelkar Task Force, a dedicated team, suggested a comprehensive
indirect tax system as a replacement for the existing structure that was
impeding the economic growth of the country. After discussions and
negotiations, the Parliament passed the Constitution (101st Amendment) Act in
August 2016, giving the central government the power to levy and collect GST. To
oversee the implementation, the government formed the GST Council, comprising
Finance Ministers from both central and state governments. The council held
meetings to determine GST rates, exemptions, and address concerns. Finally, on
July 1, 2017, GST was implemented across India, creating a unified market for
seamless trade between states. GST has replaced multiple indirect taxes charged
by the central and state governments, including excise duty, service tax,
value-added tax (VAT), and others, making the tax system more straightforward
and transparent. The implementation of GST has also reduced compliance costs
for taxpayers, promoting ease of doing business and improving the country’s
overall business climate.
5. Govt.
reappoints Tushar Mehta as Solicitor General of India for 3 years: The Appointments Committee of Cabinet, headed by PM Modi has
re-appointed Tushar Mehta as Solicitor General of India for three years. He
has been continuing as Solicitor General of India since October 2018. In 2020,
he was re-appointed as the SG for a term of three years with effect from July
1, 2020. The center has also re-appointed Vikramjit Banerjee, KM Nataraj,
Balbir Singh, SV Raju, N Venkataraman, and Aishwarya Bhati as the Additional
Solicitors General (ASGs).
6. PM
Modi launches National Sickle Cell Anaemia Elimination Mission: PM Narendra Modi launched the National Sickle Cell Anaemia
Elimination Mission in the Shahdol district of Madhya Pradesh. Aim:
To eradicate anemia by 2047 He also distributed sickle cell genetic status
cards to the beneficiaries at the event. The mission would be implemented
in 278 districts of 17 states in India (Gujarat, Maharashtra, Rajasthan,
MP, Jharkhand, Chhattisgarh, WB, Odisha, TN, Telangana, Andhra Pradesh,
Karnataka, Assam, UP, Kerala, Bihar, and UK).
7. Govt
revised Crop Residue Management guidelines: The
Union Government has revised the Crop Residue Management
guidelines enabling efficient ex-situ management of paddy straw generated
in Punjab, Haryana, UP and Delhi. As per the revised guidelines,
techno-commercial pilot projects for Paddy Straw Supply Chain will be
established under bilateral agreement between the Beneficiary or Aggregator
(Farmers, rural entrepreneurs, Cooperative Societies of FPOs and Panchayats)
and Industries utilizing the paddy straw.
8. DPIIT
organizes National Workshop on Industrial Park Rating System: Department for Promotion of Industry and Internal Trade (DPIIT) has
successfully organized the National Workshop on Industrial Park Rating
System (IPRS) in New Delhi. IPRS was launched by DPIIT in 2018 with
the help of the Asian Development Bank (ADB) and the Ministry of Electronics
and Information Technology (MeitY). It is an extension of the India Industrial
Land Bank (IILB) platform which features more than 4,500 industrial parks.
9. National
Postal Worker Day 2023: 1st July: National Postal Worker
Day is observed every year on July 1 to give tribute to the
hardships of the postal workers of the postal service department. It
was first observed in 1997 by the postal carrier in the Seattle area
to respect the efforts of his employees. First post office in India was
established by East India Company in 1727 and later in 1774 Calcutta GPO was
established. However, Warren Hastings (1773-1784) opened the posts to the
public in March 1774.
INTERNATIONAL UPDATES:
1. Virgin Galactic launches first commercial spaceflight:
Space tourism company Virgin Galactic, founded by Sir Richard
Branson in 2004, completed its long-awaited first commercial spaceflight,
called Galactic 01. Taking off from Spaceport America in New Mexico, the
company’s spacecraft was flown by a pair of pilots and carried four passengers:
a Virgin Galactic trainer, to oversee the mission from inside the cabin, and
its first trio of paying customers. The three paying passengers are members of
the Italian Air Force. The flight also carried 13 research payloads onboard. If
Galactic 01 was a success, it would plan to fly its second mission as soon as
August and then aim to begin flying its spacecraft, VSS Unity, once a month.
2. 1 July – Canada Day: Canada day is celebrated every
year on 1 July. It is a national holiday of Canada. The day marks the
country’s confederation, which brought together the three provinces into a
single Dominion within the British Empire in 1867. The day is celebrated with
excitement and joy on 1 July as on this date Canada became a self-governing
nation and a constitution was enacted.
3. Indian
Naval ships undertook Maritime Partnership Exercise with French Navy: Indian Naval ships INS Rana and INS
Sumedha undertook Maritime Partnership Exercise with French Navy ship
FS Surcouf in the Bay of Bengal on 30th of June
2023. INS Rana is a guided missile destroyer and INS Sumedha is an indigenously
built offshore patrol vessel were from the Indian Navy side.
This
Exercise included tactical manoeuvres, replenishment at sea approaches, air
defence against fighter aircraft and cross deck helicopter operations.
OTHER UPDATES:
SPORTS
1. India beat Iran to win Asian Kabaddi Championship in
Busan: India beat Iran 42-32 in the final of the
Asian Kabaddi Championship 2023 in Busan, Korea. This is India’s eighth
title in nine editions. Indian captain Pawan Sehrawat led from the front with a
super 10. Earlier in the day, India had beaten Hong Kong 64-20 to end the
league stage of the tournament undefeated. The next big challenge for the
Indian kabaddi teams will be the upcoming Asian Games in Hangzhou, China. Six
teams – India, Iran, Japan, Korea, Chinese Taipei and Hong Kong – participated
in the Championships.
BANKING AND FINANCE
1. Bank of India launched Centralised Pool Buy-Out and
Co-Lending Cell: Bank of India has launched
a ‘Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority
sector lending in Mumbai, Maharashtra. The Cell will be equipped with an
end-to-end digital underwriting system to onboard pool buy-outs and co-lending
of loans in partnership with NBFCs (non-banking finance companies). Through
this platform, seamless integration will be provided between the Bank and
multiple NBFCs. The Cell will onboard loan assets under Retail, MSME and the
Agriculture segment with a dedicated team. So far, the Bank had been
underwriting the aforementioned loans via various branches spread across the
country.
AWARDS AND HONOURS
1. Michael Rosen wins 2023 PEN Pinter Prize: British children’s writer and poet Michael Rosen (77) has been awarded the prestigious PEN Pinter Prize 2023. This prestigious award is given to a writer from the UK, Ireland, and the Commonwealth whose work is committed to a fearless exposition of truth about contemporary life. This prize was named after English writer Harold Pinter. It was established in 2009. Previous winners: Hanif Kureishi (2010), Salman Rushdie (2014), and Lemn Sissay (2019).
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