Current Affairs 21 & 22 June 2020

We are here for you to provide the important Recent and Latest Current Affairs 21 & 22 June 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 15 Current Affairs of 21 & 22 June 2020

NATIONAL AFFAIRS

MoHUA Signs MoU to Engage SIDBI as Implementation Agency for PM SVANidhi

i.Ministry of Housing & Urban Affairs (MoHUA) has inked Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) to make latter as the implementation Agency for Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) – a Special Micro-Credit Facility for Street Vendors. 
ii.PM SVANidhi was launched by the MoHUA, on June 01, 2020 for providing affordable Working Capital loan to 50 lakh street vendors to resume their livelihoods that have been adversely affected due to Covid-19 lockdown. Under the Scheme, the vendors can avail a working capital loan of up to Rs. 10,000, which is repayable in monthly instalments in the tenure of one year. 
About SIDBI:
Headquarter– Lucknow, Uttar Pradesh (UP)
Chairman & Managing Director (CMD)– Mohammad Mustafa
<< Read Full News >>

Odisha celebrates Raja Parba – Festival of Menstruation and Womanhood

Raja Parba of Odisha is a three-day festival during the mid-June (preferably starts from 14th June and ends on 16th June) marking the beginning of monsoon. On this day people celebrate menstruation and womanhood, based on the belief that mother earth menstruates for three days which is considered as a sign of fertility.
About Odisha:
Chief Minister– Naveen Patnaik
Governor– Prof. Ganeshi Lal 
Capital– Bhubaneswar
<< Read Full News >>

Niti Aayog Forms Panel Led by Amitabh Kant to Develop Job Platform For Migrant Labours

NITI (National Institution for Transforming India) Aayog has formed a high-powered committee of top executives of technology companies like Google, Microsoft and Tech Mahindra under the leadership of its CEO (Chief Executive Officer)Amitabh Kant to develop a job platform that will help migrant labours & blue-collar workers, who have lost their jobs during the lockdown, to find better employment opportunities in their language and around their place.

• The committee will look into technology-based measures to address the issue related to migrant laborers

About NITI (National Institution for Transforming India) Aayog:
Headquarters– New Delhi.
Chairperson– Narendra Modi.
Chief Executive Officer(CEO)- Amitabh Kant.
Vice Chairperson– Rajiv Kumar. 
<< Read Full News >>

INTERNATIONAL AFFAIRS

India Attend 32nd Virtual EAG Plenary Meeting 2020 Chaired by EAG Chairman Mr. Yury Chikhanchin

On June 19, 2020, Indian officials, including representatives from enforcement agencies, have participated in the 32nd special Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) plenary meeting 2020, under the aegis of the Financial Action Task Force (FATF).
i.The virtual meet, chaired by the EAG Chairman Mr. Yury Chikhanchin (Russian Federation) and the EAG Deputy Chairman Mr. Farhod Bilolov (Republic of Tajikistan), is said to be held in China in June 2020.
EAG of FATF:
The EAG is a regional body consisting of  9 nations namely India, Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Belarus. It is an associate member of the FATF.
About FATF:
Headquarters– Paris, France
Membership– 39
President– Xiangmin Liu
<< Read Full News >>

France commits 200 Million Euros to Support India’s Covid Response

On 19th June 2020, France and India signed a credit financing agreement promising 200 million euros (Rs. 1709 crore) to support the social welfare system and India’s covid response. The fund will be provided to India through the AFD, French Development Agency (Agence Française de Développement).
About AFD:
President of the Board– Laurence Tubiana 
Director General– Rémy Rioux
Headquarters– Paris, France
<< Read Full News >>

Nearly 1% of world’s population, “79.5 mn” forcibly displaced globally at the end of 2019: UNHCR

i.In accordance with the annual report on displacement titled “Global Trends- Forced Displacement in 2019″ released by UN refugee agency- United Nations High Commissioner for Refugees (UNHCR), in 2019, additional 11 million people were displaced where 2.4 million sought protection outside their country, and 8.6 million were newly displaced within the borders of their countries.
ii.On Global front, the displacement number is 79.5 million or one in every 97 people on the planet at the end of 2019.
iii.Five countries account for two-thirds (68%) of people displaced across borders: Syria, Venezuela, Afghanistan, South Sudan and Myanmar.
About UNHCR:
High Commissioner– Filippo Grandi
Headquarters– Geneva, Switzerland
<< Read Full News >>

1 bn children experience violence annually as countries fail to protect them: UN Report 

i.In accordance with the “Global Status Report on Preventing Violence Against Children 2020”, a first of its kind report by United Nations (UN), upto 1 billion children are affected by physical, sexual or psychological violence due to the inability of the countries to protect them by following the established strategies.
ii.The report has been launched by the World Health Organisation (WHO), the UNICEF (United Nations Children’s Fund), the United Nations Educational, Scientific and Cultural Organization (UNESCO), the UN Special Representative of the Secretary-General on Violence against Children and the End Violence Against Children. 
iii.It charted progress in 155 countries against the “INSPIRE” framework, a set of seven strategies for preventing and responding to violence against children.
About UNESCO:
Headquarter– Paris, France
Director-General– Audrey Azoulay
Members– 193 Members and 11 Associate Members
About UNICEF:
Headquarter– New York, United States (US)
Executive Director– Henrietta Holsman Fore
About WHO:
Headquarters– Geneva, Switzerland
Director general– Tedros Adhanom Ghebreyesus 
Chief Scientist– Soumya Swaminathan
About End Violence Against Children:
Executive Director– Howard Taylor
Headquarter– New York, US
About UN Special Representative of the Secretary-General on Violence against Children:
Special Representative– Dr. Najat Maalla M’jid of Morocco
<< Read Full News >>

BANKING & FINANCE

RBI doubles withdrawal limit to Rs 1 lakh for PMC Bank depositors; 4 other banks withdrawal limit increased

i.The Reserve Bank of India (RBI) raised the withdrawal limit from Punjab and Maharashtra Cooperative (PMC) Bank to Rs 1 lakh from Rs 50,000 but extended the moratorium on the bank for another six months.
ii.The RBI also raised the withdrawal limit of four other banks on whom curbs had earlier been put in place, namely Kerala Mercantile Co-operative Bank Limited, Kozhikode, Kerala, Hindu Cooperative Bank Limited, Pathankot, Punjab, Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka, and Youth Development Cooperative Bank Limited, Kolhapur, Maharashtra.
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, one is yet to be appointed).
<< Read Full News >>

i.Export-Import(EXIM) Bank on behalf of the Indian Government, extended a Line of Credit(LOC) of USD 20.10 million to the Government of the Republic of Nicaragua for the reconstruction of Aldo Chavarria Hospital.
ii.The agreement was signed by Tarun Sharma, General Manager, EXIM bank & José Adrián Chavarria, General Vice minister, Ministry of Finance and Public Credit, Government of Nicaragua
iii.Till now, with this agreement EXIM bank has extended 4 LOCs to Nicaragua, on behalf of Indian Government, with a total value of USD 87.63 million
About EXIM Bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO)– David Rasquinha
<< Read Full News >>

Hyundai Motor India Ltd Partners with HDFC Bank offers 1st Online Auto Retail Financing : ‘Click to Buy’ Platform

i.Hyundai Motor India Limited(HMIL) partnered with HDFC Bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, ‘Click to Buy’ to the customers.
ii.Under this collaboration, HMIL will provide customised car financing solutions to its customers from HDFC bank through its online car buying platform.
About HMIL:
Headquarters– New Delhi, India
Managing Director(MD) & Chief Executive Officer(CEO)– Seon Seob Kim
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Chairman– Deepak S. Parekh
<< Read Full News >>

ECONOMY & BUSINESS

RIL Becomes India’s 1st Firm to Hit Rs 11 Tn Market Cap on June 11, 2020 after Valuing at Rs 11.15 tn; Mukesh Ambani became world’s 9th richest

i.Reliance Industries Ltd (RIL) became the first Indian company to reach a market capitalisation of Rs 11 trillion, as the company was valued at Rs 11.15 trillion. With this, RIL accounts for nearly 9% of the country’s total m-cap of Rs 138 trillion. Its stock on Bombay stock exchange (BSE) was record high at Rs 1,738.95. Notably the company’s share doubled since mid-March 2020.  
ii.Importantly, RIL is the most valued firm followed by Tata Consultancy Services (TCS), which is valued at Rs 7.7 trillion.
About RIL:
Founder Chairman– Dhirubhai Ambani
Chairman & Managing Director (CMD)- Mukesh Dhirubhai  Ambani
Headquarter– Mumbai, Maharashtra
<< Read Full News >>

APPOINTMENTS & RESIGNATIONS         

Former RBI Governor Urjit Patel Appointed as the Chairman of NIPFP

On 19th June 2020, The former governor of Reserve Bank of India (RBI) Urjit Patel was appointed as the Chairman of National Institute of Public Finance and Policy (NIPFP). He will start his 4year tenure on 22nd June 2020 succeeding Vijay Laxman Kelkar, former chairman of NIPFP.
About NIPFP:
The centre undertakes research, policy advocacy and capacity building in areas related to public economics and the institute assists the central, state and local government in formulating policies by providing an analytical base.
Chairman– Vijay Laxman Kelkar (Urjit Patel, will take office on 22nd June 2020)
Headquarters– New Delhi
About RBI:
Governor– Shaktikanta Das
Headquarters– Mumbai, Maharashtra
<< Read Full News >> 

 SCIENCE & TECHNOLOGY

Union Minister Pralhad Joshi Launches ‘SATYABHAMA’ Portal to Promote R&D in Mining & Mineral Sector

Shri Pralhad Joshi, Union Minister for Coal &Mines has launched SATYABHAMA (Science and Technology Yojana for Aatmanirbhar Bharat in Mining Advancement) Portal, developed by National Informatics Centre (NIC), Mines Informatics Division.

• The Portal, integrated with NGO Darpan Portal of NITI (National Institution for Transforming India) Aayog, will promote research and development in the mining and minerals sector.

About Ministry of Mines:
Headquarters– New Delhi
<< Read Full News >>

SPORTS

National Champion Niki Kalayanda Poonacha elected to ITF Men’s Tennis Panel

On 18th June 2020, The International Tennis Federation (ITF) announced, 25 years old Niki Kalyanda Poonacha, National Champion of India as a member of the ITF World Tennis Tour Men’s Panel representing the Asia-Oceania zone with Ti Chen of Chinese Taipei.
About ITF:
President/CEO– David Haggerty
Chief Operating Officer(COO)– Kelly Fairweather
Headquarters– London, United Kingdom
<< Read Full News >>

OBITUARY

Padma Shri Awardee & Social Worker Vidyaben Shah Passed Away 

i.Padma Shri awardee & National Awardee, Freedom fighter & Social worker Vidyaben Shah passed away around the age of 97 in her residence in New Delhi. 
ii.She established India’s 1st Bal Bhavan in Rajkot in the 1940s. She was born on November 7, 1922 in Gujarat.
iii.She was the 1st non-official head of the New Delhi Municipal Council in the 1970s. 
About Delhi:
Chief Minister– Arvind Kejriwal
Governor– Anil Baijal
<< Read Full News >>

IMPORTANT DAYS

World Refugee Day 2020 – June 20

i.20th June of every year is observed as World Refugee Day to celebrate the strength and courage of the people who were forced to leave their homes and flee their country due to conflicts or persecution. 
ii.The United Nations General Assembly designated June 20 as the World Refugee Day in the resolution A/RES/55/76 adopted in December 2000.
iii.The theme of this year is “Every Action Counts”
About UNHCR:
The High Commissioner– Filippo Grandi
Headquarters– Geneva, Switzerland
<< Read Full News >>

25th edition of the National Reading Day 2020: June 19

i.On June 19, 2020 India celebrated the 25th edition of the National Reading Day to honour Kerala’s Father of Library Movement, Puthuvayil Narayana (P.N.) Panicker & his significant contribution to the reading culture which made Kerala’s universal literacy rate (100%) in 1990. 
ii.The day aims to encourage reading among students across the country.
iii.The following week of June 19, 2020 will be celebrated as Reading week & reading month will be celebrated from June 19 – July 18, 2020.
About P N Panicker Foundation
Headquarters– Trivandrum, Kerala
About Kerala:
Capital– Thiruvananthapuram
Chief Minister– Pinarayi Vijayan
Governor– Arif Mohammad Khan
<< Read Full News >>

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