Current Affairs 28 & 29 June 2020

We are here for you to provide the important Recent and Latest Current Affairs 28 & 29 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 25 Current Affairs of 28 & 29 June 2020

NATIONAL AFFAIRS

MoS of Defence Shri Shripad Naik Inaugurates Two-day Defence Conclave 2020 in Gujarat

On June 25 2020, Minister of State (MoS) of Defence Shri Shripad Naik inaugurated the two days ‘Defence Conclave 2020’ in Gujarat through video conferencing. The conclave was jointly organised by Confederation of Indian Industry(CII), Gujarat and Society of Indian Defence Manufacturers(SIDM).
i.The Conclave is held in the defence and aerospace manufacturing sector. Focusing in strong defence is a great economic growth and helps in job creation in manufacturing.
ii.It aims to strengthen the ‘Make in India’ initiative, and increase defence manufacturing.
About Gujarat:
Capital: Gandhinagar
Chief Minister: Vijay Rupani
Governor: Acharya Devvrat
<< Read Full News >>

President Promulgates Banking Regulation (Amendment) Ordinance, 2020 amending Banking Regulation Act, 1949

On June 26, 2020, the President of India, Shri Ram Nath Kovind in exercising the powers conferred under clause (1) of article 123 of the Constitution has promulgated the Banking Regulation (Amendment) Ordinance, 2020 which will amend section 45, and 56 of Banking Regulation Act, 1949 as applicable to Cooperative Banks.
The amendments will not apply to Primary Agricultural Credit Societies (PACS) or co-operative societies whose primary object and principal business is long-term finance for agricultural development, and which do not use the word “bank” or “banker” or “banking” and do not act as drawees of cheques.
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 >>

Government Introduced New Floating Rate Savings Bonds, 2020 (Taxable) Scheme w.e.f July 1, 2020

i.On June 26, 2020, the Government has notified the new Floating Rate Savings Bonds, 2020 (Taxable) Scheme in place of 7.75% Savings (Taxable) Bonds, 2018, with effect from July 1, 2020.
ii.The Floating Rate Savings Bonds, 2020 (Taxable) Scheme is going to issue a floating rate, taxable savings bond for an initial coupon of 7.15%, payable on January 1, 2021.
iii.These bonds will be issued by Reserve Bank India (RBI) on behalf of the Government of India (GoI) and will be available at State Bank of India (SBI) and other nationalised banks, as well as four private sector banks viz. IDBI Bank Ltd, Axis Bank Ltd, HDFC Bank Ltd and ICICI Bank Ltd.
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 >>

Nasha Mukt Bharat: Annual Action Plan (2020-21) for 272 Most Affected Districts E-Launched by Rattan Lal Kataria

i.On June 26, 2020, to celebrate “International Day Against Drug Abuse and Illicit Trafficking” on the theme Better knowledge for better care, Rattan Lal Kataria, Minister of State (MoS) for Social Justice and Empowerment has virtually launched “Nasha Mukt Bharat: Annual Action Plan (AAP)(2020-21) for 272 Most Affected Districts” from New Delhi. 
ii.He also released Logo and Tagline for National Action Plan for Drug Demand Reduction (NAPDDR) for 2018-2025 and 9 Video Spots produced for Drug Abuse Prevention.
iii.Rs 260 crores has been allocated for NAPDDR for the year FY 2020-21 as compared to Rs 110 crores for FY 2019-20.
About Ministry of Social Justice and Empowerment:
Union Minister– Thaawarchand Gehlot (Constituency- Madhya Pradesh)
<< Read Full News >>

Shri Mandaviya Inaugurates India’s 1st ever largest Virtual ‘Healthcare & Hygiene EXPO 2020’ organised by FICCI

The Minister of State for Shipping (Independent charge) and Chemicals & Fertilisers Shri Mansukh Mandaviya has launched webinar of India’s first 5-day long virtual exhibition and conference, ‘Virtual Healthcare and Hygiene Expo 2020’ (VHHE), organised by FICCI and supported by Ministry of AYUSH with the aim to create a self-reliant ecosystem in the Pharmaceuticals and Health & Hygiene Sector by increasing domestic production.
About Ministry of Chemicals and Fertilizers:
Headquarters: New Delhi   
Cabinet Minister– D. V. Sadananda Gowda
<< Read Full News >>

INTERNATIONAL AFFAIRS

At 26th position, Bengaluru Becomes India’s Only City in Top 30 Global Startup Ecosystems Ranking 2020 Released by Startup Genome

According to the report, ‘Global Startup Ecosystem Report (GSER) 2020; the New Normal for the Global Startup Economy and the Impact of COVID-19’ released by Startup Genome, Bangalore has become the only city in the country to be included in the world’s top-30 startup ecosystem ranking & placed 26th position. At the same time, the nation’s capital Delhi has been ranked 36th in the list.
i.Further, Mumbai ranked first in a parallel “100 emerging ecosystem rankings 2020” followed by Jakarta, Zurich.
About Startup Genome:
Founder– J.F. Gauthier
It is a California-headquartered innovation policy advisory and research firm.
<< Read Full News >>

THE Young University Ranking 2020:HKUST topped;IIT Ropar ranked 62nd & topped among Indian Institutes

On 24th June 2020, The Times Higher Education(THE) released THE Young University Rankings 2020 for the universities which are 50 years old or younger. 
Two Indian Institutes secured their ranks in the top 100 with IIT Ropar, the best 12 year old institute of India at 62nd rank and IIT Indore at 64th rank.
Key Points:
i.The Indian Institute of Science Education and Research (IISER) (Pune) and  Indian Institute of Technology (IIT) Gandhinagar ranked 101-150.
ii.Amrita Vishwa Vidyapeetham, IIT-Bhubaneswar, IIT Guwahati and IIT Hyderabad secured 151-200th rank.
iii.Pondicherry University ranks 201-250th Rank in the list.
The Parameter of judging:

• Teaching(30%)
• Research(30%)
• Citation (30%)
• International Outlook(7.5%)
• Industrial Income(2.5%)

Top 5 Universities:

About THE:
Editor– John Gill
Location– London, United Kingdom

BANKING & FINANCE

PhonePe Partnered with ICICI Bank on UPI multi-bank model

i.Flipkart-owned PhonePe announced that  it has partnered with ICICI Bank on the Unified Payments Interface(UPI) multi-bank model.
ii.To provide its users the option to create and use multiple UPI IDs with ICICI Bank’s “@ibl” handle and YES Bank’s ‘@ybl’ handle on the PhonePe app.
iii.Through this partnership ICICI Bank has become the second official UPI partner of PhonePe after Yes Bank.
<< Read Full News >>

SIDBI Set Up ‘Swavalamban Crisis Responsive Fund’ to Facilitate Free Onboarding of MSMEs on TReDS platform

i.Small Industries Development Bank of India(SIDBI) has informed that it has set up ‘Swavalamban Crisis Responsive Fund’(SCRF), an open-ended fund.
ii.To facilitate free onboarding of Micro, Small and Medium Enterprises(MSMEs) on Trade Receivables Discounting System(TReDS) platform.
iii.The SCRF is under the Swavalamban Resource Facility, where SIDBI partners with the Department for International Development (DFID), United Kingdom.
About SIDBI:
Headquarters– Lucknow, Uttar Pradesh
Chairman & Managing Director– Mohammad Mustafa
<< Read Full News >>

SOLV partnered with Standard Chartered Bank to Launch Credit Card for MSMEs

i.SOLV, a B2B (business to business) digital platform for Micro, Small and Medium Enterprises (MSMEs), has launched a tailor-made credit card in partnership with Standard Chartered Bank, India. 
ii.SOLV MSME Credit Card provides MSME clients with a ready means to meet ongoing business expenses including supplier payments, fuel, logistics, purchase of raw material, utility payments and working capital outlays.
About SOLV:
Chief Executive Officer (CEO)– Nitin Mittal
Headquarter– Bengaluru, Karnataka
About Standard Chartered Bank:
Chairman– Jose Maria Vinals Iniguez
Headquarters– London, United Kingdom
<< Read Full News >>

World Bank Grants $500 Million to Bangladesh For Cross Country Road Projects

On June 23, 2020, World Bank (WB) has sanctioned $ 500 million for “Western Economic Corridor and Regional Enhancement (WeCARE) Phase I project” to improve road connectivity in Bangladesh’s Jashore-Jhenaidah corridor, which consists of four western districts to connect with the capital Dhaka as well as with India and Bhutan.
About World Bank:
Headquarters– Washington, D.C., United States
President– David Malpass
About Bangladesh:
Capital– Dhaka
Currency– Bangladeshi taka
President– Abdul Hamid
Prime Minister– Sheikh Hasina
<< Read Full News >>

AWARDS & RECOGNITIONS      

Himachal Pradesh panchayati raj department wins 1st prize under e-Panchayat Puraskars 2020 for effective use of e-applications

i.Himachal Pradesh panchayati raj department wins 1st prize under  e-Panchayat Puraskars 2020.
ii.For effective implementation of e-applications, developed by the central government & other applications developed by the state government. The prize will be given by Union Ministry of Panchayati Raj.
iii.All 3,226 panchayats of Himachal Pradesh were provided with internet facilities to help people access various services online like  family registration, registration of birth, death and marriages.
About Panchayat Raj ministry
Union Minister– Narendra Singh Tomar
About Himachal Pradesh:
Capital– Shimla (Summer), Dharamsala (Winter)
Chief Minister– Jairam Thakur
Governor– Bandaru Dattatraya
<< Read Full News >>

6 District Hospitals of J&K wins Kayakalap Award for their Achievement in Health Sector

On 24th June 2020, 6 Districts hospitals(DH) of the union territory of Jammu & Kashmir won the Kayakalap Award for their achievements in the health sector and secured positions in the best hospital category 2019-2020.
Kayakalp Award:
i.The award was instituted as a part of  the “Swachh Bharat Abhiyan” on 15th May 2015 to recognise the public health facilities that exhibit high levels of cleanliness, hygiene and infection control measures.
ii.DH Reasi and 3 other  district hospitals from Jammu division won the cash award of Rs 50 Lakh each and the Government Hospital(GH) Gandhi Nagar, DH Udhampur and DH Poonch won the commendation award(Rs. 3 Lakh each).
Community Health Centres (CHC) category:
The three CHCs of Jammu division including CHC Ramnagar are declared 2nd and CHC Katra (Reasi) and CHC Bhaderwah (Doda) got the commendation award.
Primary Health Centers(PHC) and Urban Primary Health Centres categories(UPHC):
UPHC Shashtri Nagar in Jammu district,PHC Budi (Katra), PHC Ransoo (Reasi), PHC Tikri (Udhampur) and PHC Rattanpur (Samba) won the award 
PHC Laiter (Reasi), PHC Sumb (Samba), PHC Barnara, PHC Majalta, PHC Hartaryan (Udhampur) won the commendation award.

Overview of 47th Annual Daytime Emmy Awards of NATAS

On 26th June 2020, the National Academy of Television Arts & Sciences(NATAS) announced the winners of the 47th Annual Daytime Emmy Awards, the presentation was hosted by the Sharon Osbourne, Shery Underwood, Eve, Carrie Ann Inaba and Marie Osmond,the hosts of CBS’ Daytime Emmy Award-winning show THE TALK which was broadcasted on the CBS Television Network.
About NATAS:
Headquarters– Los Angeles, California,  United States of America
Founded– 1955
<< Read Full News >>

 SCIENCE & TECHNOLOGY

Union Minister Shri Narendra Singh Tomar launches Garib Kalyan Rojgar Abhiyan web portal

On 26 June 2020, Shri Narendra Singh Tomar, Union Minister of Rural Development, Panchayati Raj and Agriculture & Farmers welfare, launched a web portal of the  Garib Kalyan Rojgar Abhiyan(GKRA) through video conferencing from New Delhi.
i.The GKRA was launched with coordination of 12 ministries for 25 categories of works to be completed in 125 days and alloted with Rs 50,000 crore .
ii.The GKRA provides employment for four months to the state returned skilled workers.
About GKRA:
Launched on: June 20, 2020
Launched By: Shri Narendra Modi
<< Read Full News >>

Indian Navy Inducts Advanced Torpedo Decoy System ‘Maareech’ Indigenously Developed by DRDO labs-NPOL & NSTL

i.Indian Navy has inducted an Advanced Torpedo Decoy System (ATDS) namely ‘Maareech’ that is capable of being fired from all frontline warships. 
ii.The design and development of this ATDS have been done by Defence Research and Development Organisation (DRDO) labs viz. Naval Physical and Oceanographic Laboratory (NPOL), Kochi in Kerala and the Naval Science and Technological Laboratory (NSTL), Visakhapatnam, Andhra Pradesh (AP).
iii.On the other hand, the Bharat Electronics Limited (BEL), a Defence Public Sector Undertaking (PSU), would undertake the production of this decoy system. 
About Defence Research and Development Organisation (DRDO):
Headquarter– New Delhi
Chairman– Dr G. Satheesh Reddy 
About Bharat Electronics Limited (BEL):
Headquarter– Bengaluru, Karnataka
Chairman and Managing Director (CMD)– Venkateswara Gowtama Mannava
<< Read Full News >>

Astronomers of RedDots Team Discovered Super Earths Gliese 887b and Gliese 887c Near Red Dwarf 

i.In the research of The RedDots team of Astronomers led by the University of Göttingen, Germany detected two super Earths Gliese 887b and Gliese 887c orbiting around the Gliese 887, the brightest red dwarf star in the sky. 
ii.The RedDots team monitored the red dwarf at the European Southern Observatory, Chile using the HARPS Spectrograph.
iii.The results of the research are published in the journal Science.
About University of Göttingen:
President- Reinhard Jahn
Location– Germany
<< Read Full News >>

Russia is Set to Take First Tourists on Space Walk in 2023

On 25th June 2020, Russia’s Space Corporation RSC Energia(S.P. Korolev RSC Energia) in contract with Space Adventures of US announced that it is set to take its first tourist on space walk in 2023.
Note: Roscosmos and RSC Energia in collaboration with Space Adventures took 8 tourists to ISS between 2001 and 2009.
Features of contract:
i.The contract between Energia and Space Adventures promises to take a tourist on space walk to the International Space Station(ISS) in 2023.
ii.With the Russian cosmonaut, the tourists will participate in the walk from the Russian Segment.
iii.Russia’s Soyuz MS spacecraft will be used for the mission.
Other Tourism mission to Space:
i.NASA signed with Richard Branson’s Virgin Galactic Space Tourism company to promote private missions to ISS.
ii.In May 2020, SpaceX of Elon Musk announced space tourism for three tourists in 2021.
About RSC Energia:
Director General– Dmitry Rogozin
Headquarters– Moscow, Russia

SPORTS

New Zealand Cricketer Rachel Priest Announces Retirement from International Cricket

New Zealand wicketkeeper-batswoman Rachel Priest(35 years old) announced her retirement from international cricket after she was not included in the White Ferns central contracts list announced in June 2020.

•  With this decision she brought her 13 years career with the White Ferns to an end.

Key info:
i.Rachel Priest confirmed that she will continue to play in domestic cricket and has recently  signed up a contract with Cricket Tasmania to play in Australia Women’s National Cricket League(WNCL) for the 2020-21 season.
ii.As she moved to Tasmania in the advent of the season she joined Western Australia’s Heather Graham and New South Wales’ Naomi Stalenberg.
iii.She made her debut for New Zealand against Australia in 2007. She has played  87 One Day Internationals (ODIs)  and 75 Twenty 20 Internationals (T20Is) for New Zealand and scored 1694 and 873 runs respectively.
About New Zealand:
Capital– Wellington
Currency– New Zealand Dollar(NZD)
Prime Minister– Jacinda Ardern

IMPORTANT DAYS

Micro-, Small and Medium – Sized Enterprises Day 2020 – June 27

United Nations(UN) Micro-, Small and Medium – Sized Enterprises(MSME) Day is observed annually on 27th June to recognise the contributions of these enterprises to the global economy and sustainable development and their focus on promoting innovation and creativity.
About UNCTAD:
Secretary-General- Mukhisa Kituyi
Headquarters– Geneva, Switzerland
<< Read Full News >>

STATE NEWS

IAS Officer Vini Mahajan Becomes Punjab’s First Woman Chief Secretary

i.The Punjab government appointed 1987 batch Indian Administrative Service(IAS)  Officer Vini Mahajan as the Chief Secretary, by which she becomes the 1st woman to hold this post. 
ii.She will remain in the post until October 2024. She succeeded Karan Avtar Singh, who was due to retire in August 2020.
iii.Currently she is the only Punjab cadre officer in the state to hold a Secretary’s post at the Centre. 
About Punjab:
Capital– Chandigarh
Chief minister– Amarinder Singh
Governor– V. P. Singh Badnore
<< Read Full News >>

Chhattisgarh becomes the 1st state to launch “Godhan Nyay Yojana” , to Procure Cow Dung From Livestock Owners

i.On 25th June 2020, Bhupesh Baghel, Chief Minister of Chhattisgarh announced the launch of “Godhan Nyay Yojana” through an online press conference to promote animal husbandry and make it a commercially profitable practice and to procure the cow dung from the farmers at a fixed rate.
ii.The scheme will commence from the Hareli Festival on 20th July 2020.
About Chhattisgarh:
Chief Minister– Bhupesh Baghel
Governor– Anusuiya Uikey
Capital– Raipur
<< Read Full News >>

Chhattisgarh government to launch Adarsh police station scheme from July 1, 2020

From 1st July 2020, the Adarsh Police stations scheme will be launched in Chhattisgarh. It will develop the police stations in the state as Ideal Police stations.
Certain parameters were set by the government & if the Police station meets the criteria then it will be rewarded.
The parameters are:

• The conduct of the police station in-charge and other staff with the general public
• Maintenance of records should be up to the mark,
• Environment should support the victims, women and children to speak freely about their problems without fear.

The state government has decided to withdraw petty cases against tribal people in Bastar region and  the DGP has instructed to release the tribals who don’t have serious cases registered against them.
About Chhattisgarh:
Capital: Raipur
Chief Minister: Bhupesh Baghel
Governor: Anusuiya Uikey

AC GAZE

India’s economy to contract by 5% in 2020: S&P Global Ratings

According  to the S&P Global Ratings report titled ‘Asia-Pacific losses near USD 3 trillion as balance sheet recession looms’, India’s economy is expected to contract by 5% in 2020 before rebounding in 2021 and Asia-Pacific’s economy will contract by 1.3% in 2020 but show 6.9% growth in 2021.

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