Current Affairs June 24 2019

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INDIAN AFFAIRS

Overview of Russian Deputy Prime Minister Yury Trutnev’s visit to India

  • Mr. Yury Trutnev, Deputy Prime Minister of the Russian Federation and Presidential Plenipotentiary Envoy to the Far Eastern Federal District along with his delegation visited India from 15-19 June 2019.
  • The visit was undertaken to help both sides to prepare for the visit of Prime Minister to Vladivostok, Russia to participate in the 5th edition of the Eastern Economic Forum (EEF) as the Chief Guest of the event which is scheduled between September 4 and 6, 2019
  • Russian Deputy Prime Minister Yury Trutnev met Indian Foreign Minister S Jaishankar in New Delhi and discussed ways to strengthen ties between the two nations and Prime Minister Narendra Modi’s visit to Vladivostok for the EEF…………………………………………Click here to Read more

A high-level expert group presented their suggestions to achieve $5 trillion economy target: NITI Aayog

  • In order to make India a $5 trillion economy, expert panel for macroeconomics and employment suggested ways to achieve the target during an interaction with Prime Minister Narendra Modi.
  • The Session is organized by The National Institution for Transforming India (NITIAayog, think tank of the government of India on ‘Economic Policy – The Road Ahead’ which saw participants of over 40 economists and sectoral experts.
  • The group stressed the Government on improving the functioning of the public sector banks and accelerating the pace of exports and employment generation………………………..Click here to Read more

Union Govt developed a National Strategic Plan to end TB by 2025
On June 24, 2019, Ashwini Kumar Choubey, Health, and Family Welfare Minister stated that the Government has developed an ambitious National Strategic Plan to end Tuberculosis (TB) by 2025.
Key points:
i. As per the Global TB report, India accounts for 27.4 lakh new TB cases annually which are 204 per lakh population for the year 2017.
ii. India ranks 35th in the world in terms of TB cases per lakh population.
iii. In 2018, Over 5 lakh 62 thousand patients were cured of TB.
iv. The Vision is of a TB free India is zero deaths, disease, and poverty due to tuberculosis.
v. The Goal is to achieve a rapid decline in the burden of TB, mortality, and morbidity. The requirements for moving towards TB elimination in India have been arranged in four strategic areas of Detect, Treat, Prevent & Build.

Odisha CM releases Flood Hazard Atlas for effective management of flood
On June 22, 2019, The State Government of Odisha released a Flood Hazard Atlas for efficient management of flood in the state. It was released by the Odisha Chief Minister (CM) Naveen Patnaik. This is jointly prepared by the National Remote Sensing Centre (NRSC) of ISRO (Indian Space Research Organization) and Odisha State Disaster Management Authority (OSDAMA) analyzing data relating to flood from 2001 to 2018.

Odisha CM releases Flood Hazard AtlasKey points:
i. The data shows crop around 8.96% (13.96 lakh hectares) of land is being affected by flood every year in Odisha.
ii. Eight out of 30 districts such as Bhadrak, Kendrapara, Jagatsinghapur, Balasore, Puri, Jajpur, Khordha, and Cuttack districts are more flood-affected districts. 77% of Bhadrak and 70% of the Kendrapara district have been categorized as flood hazard.
iii. Disaster-prone areas of the state could be identified and proper planning made through the atlas to tackle the calamities
iv. The CM directed the water resources department to ensure all breaches in the embankment is closed and the Odisha Disaster Rapid Action Force (ODRF) and Fire Service Organisation to stay prepared with boats and other rescue equipment.
v. Odisha has managed several disasters include cyclonic storm Titli in 2018-19 and extremely severe cyclonic storm Fani in 2019.
About Odisha
♦ Capital: Bhubaneswar
♦ Governor: Ganeshi Lal

CPWD constituted a 7 member core group for the implementation of vision document
The Central Public Works Department (CPWD), which comes under the Ministry of Housing and Urban Affairs (MoHUA), constituted a seven-member core group chaired by Additional Director General (training & research) M K Sharma to prepare a roadmap for implementation of a five-year “vision document” (STVD) as directed by Prime Minister Narendra Modi. The other members of the group are C K Verma, lndu Gural Chaudhary, Harish Kumar, Naimuddin, Manish Kumar and Rajesh Kumar.
Key Points:
i. The core group has been asked to submit its report within 15 days.
ii. Prime Minister Narendra Modi in a recent meeting with secretaries had directed every ministry to prepare a five-year Vision Document (STVD) within a month.
iii. Every ministry will prepare a 21-day impactful agenda and ensure cabinet approval if needed, minister’s approval, financial arrangement and ensure that it is achieved in 100 days.
iv. The Core group will suggest a roadmap with clear action plan indicating specific milestones and timelines on the issues on which action is to be taken in future and it will post the progress to Director General Prabhakar Singh on a daily basis.
v. MoHUA has nominated its Additional Secretary Sanjay Murthy as nodal officer to prepare a roadmap for the vision document at the ministry level.
About MoHUA:
Headquarters: New Delhi
Founded: 1952
Minister In-charge: Hardeep Singh Puri (MOS independent charge)

INTERNATIONAL AFFAIRS

UAE’s Financial Intelligence Unit launches UN-developed anti-money laundering platform ‘goAML’
On June 23, 2019, The United Arab Emirates’ Central Bank in Abu Dhabi announced that it’s Financial Intelligence Unit (FIU) launched a new reporting platform ‘goAML’ (global operations Anti-Money Laundering). It is developed by the United Nations Office on Drugs and Crime (UNODC) to curb organised financial crimes.

Key Points:
i. With this, it became the first country in the Gulf to launch this platform.
ii. In order to avoid penalties, all financial institutions in the UAE must register on the new platform by June 27, 2019. More than 900 entities including, banks, insurance companies and money exchange centres, are required to register on the platform.
iii. This platform will help FIU to prevent money laundering, financing of terrorism and other illicit financial activities.
iv. ‘goAML’ was developed by UNODC as a strategic response against financial crime, as advised by the Conference of the Parties to the United Nations Convention against Transnational Organized Crime.
About UAE:
Capital: Abu Dhabi
Currency: UAE Dirham

Nepalese nationals must have a visa to enter India via Pakistan, China,  Hong Kong and Macau
The Nepalese Embassy in New Delhi issued a notice stating that Nepalese nationals must have a visa if they are entering India from Pakistan, China, Hong Kong, and Macau. This was done to increase security in the country.
Key Points:
i. It also notified that Nepalese nationals who travel to Gulf countries, including Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, and Lebanon are required to acquire No Objection Certificate (NOC) from the respective Nepalese Embassies.
ii. A traveller must submit an application to the respective embassy along with relevant documents, including employment permit, ticket and visa of the destination country, in order to get the NOC.
iii. As per the data from Nepal foreign ministry, there are 4 million Nepalese working and studying in India.
About Nepal:
Capital: Kathmandu
Currency: Nepalese Rupee
President: Bidhya Devi Bhandari
Prime Minister: KP Sharma Oli

BANKING & FINANCE

Maruti Suzuki inks partnership with BOB for dealer financing
Automobile manufacturer in India, Maruti Suzuki signed ‘Preferred Financier’ MoU(Memorandum of understanding) with public sector Bank, Bank of Baroda (BOB) to improve credit for dealership inventory financing.

Key points:
i. The alliance with Bank of Baroda will allow Maruti Suzuki an easy financing opportunity to dealers as well as customers.
ii. The dealer inventory financing will work in line with the Bank of Baroda’s product program of Supply Chain Finance.
About Maruthi Suzuki:
♦ CEO: Kenichi Ayukawa
♦ Headquarters: New Delhi
About BOB:
♦ Headquarters: Alkapuri, Vadodara
♦ CEO: P. S. Jayakumar
♦ Founded: 20 July 1908.

APPOINTMENTS & RESIGNS

Former General Mohamed Ould Ghazouani wins presidential election of Mauritania
The electoral commission of Mauritania, a country in Northwest Africa, announced that the country’s ruling party candidate and a former general and defense minister, Mohamed Ould Ghazouani (aged 62) of Union for the Republic (UPR) party won the presidential election with 52% votes. He will succeed Mohamed Ould Abdel Aziz.

i. Anti-slavery activist Biram Dah Abeid (Independent) stood second with 18.58% votes and Sidi Mohamed Ould Boubacar (Independent), who is backed by the country’s biggest Islamist party, stood third with 17.87% votes.
Mauritania held elections for the first time in 60 years
Mauritania held elections for the first time since it gained independence (28 November 1960) from France nearly 60 years ago. After independence, it was ruled by Non-elected military governments.
About Mauritania:
Official name: The Islamic Republic of Mauritania
Capital: Nouakchott
Currency: Mauritanian ouguiya

Qu Dongyu, the first Chinese national to head FAO
On June 23, 2019, China’s agricultural deputy minister, Qu Dongyu (55) elected as the new director general of the United Nation’s Food and Agriculture Organization (FAO) at Rome, Italy for a period of 4 years w.e.f. August 2019. He will succeed Brazil’s Jose Graziano da Silva.

Key points:
i. He won 108 votes, followed by Catherine Geslain-Laneelle of France (the first woman to run for the post, a former head of the European Food Safety Authority) with 71 votes and Georgia’s Davit Kirvalidze(a former agriculture minister) with 12 votes in the first round of voting.
ii. The election held as the fight to eradicate world hunger is threatened by global warming and wars, as FAO has sounded the alarm over rising food insecurity and high levels of malnutrition.
iii. He is also required to put policies in place now in preparation for feeding a world population which is expected to increase from 7.7 billion people to 9.7 billion in 2050.
iv.  Qu, a biologist by training, has 30 years experience, will have to support for small-holder farms and fisheries to combat the ills of intensive farming, food waste, and poverty.
About FAO:
♦ Headquarters: Rome, Italy
♦ Founded: 16 October 1945

RBI Deputy Governor Viral Acharya resigns 6 months before his term ends
On June 24, 2019, Reserve Bank of India’s (RBI) Deputy Governor Viral Acharya has quit his role six months before the end of his term. He was appointed as the RBI deputy governor by the government on January 23, 2017, for a three-year term.

Key points:
i. Acharya, who was in charge of monetary policy, will return to New York University as an economics professor in August instead of February 2020.
ii. He had raised concern over the importance of RBI’s independence in October 2018.
iii. The RBI is now left with three deputy governors N S Vishwanathan, B P Kanungo and M K Jain.
iv. Viral Acharya has co-authored research papers with former RBI Governor Raghuram Rajan.
About RBI:
♦ Governor: Shaktikanta Das
♦ Headquarters: Mumbai

SCIENCE & TECHNOLOGY

India scraped $500 mn arms deal with Israel
India scraped $500 million arms deal with Israel for the purchase of Spike anti-tank missiles from defence contractor Rafael Advanced Defense Systems. This was done after Defence Research & Development Organisation (DRDO) claimed that it could deliver an alternative with a partnership with VEM technologies Ltd within two years.
Key Points:
i. The project was given to DRDO due to the fast progressive second stage of testing Man-Portable Anti-Tank Guided Missile (MPATGM). MPATGM was successfully test-fired at the Ahmednagar range in September 2018.
ii. India’s deal with Israel for 321 Spike launchers and 8,356 missiles was initially struck in October 2014 after the Defence Ministry selected Spike over the US-made FGM-148 Javelin. Later, it was scrapped in December 2017 in favour of DRDO.
iii. It was reauthorized in January 2018 after Israeli Prime Minister Benjamin Netanyahu’s visit to India. Rafael opened a production facility in India with local partner Kalyani Group in August 2018.
About Israel:
Capital: Jerusalem
Currency: Israeli new shekel

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SPORTS

Indian women’s Rugby team scripted history in Manila
On June 22, 2019, The 26-member squad of Indian women’s Rugby team created a historic first international 15s rugby match win at Southern Plains Sports Field in Manila, Philippines. The victory came against Singapore to finish third in the Asia Rugby Women’s Division 1 Rugby XVs Championship 2019 as India won 21-19 scores.

Key points:
i. China won the event with 68-0 scores against the Philippines.
ii. The tournament was one of the qualifying rounds for the 2021 Women’s Rugby World Cup, which to be held in New Zealand.
iii. Societe Generale, the financial partner of Rugby India supported the Indian team, which is participating under the aegis of the Indian Rugby Football Union (IRFU), the governing body for the sport of Rugby in India.

IOC inaugurated its $145 million new headquarters in Lausanne, Switzerland
On June 23, 2019, The International Olympic Committee (IOC) inaugurated its 145 million Swiss francs ($145 million) new headquarters named Olympic House in a ceremony held at the lakeside grounds of Olympic House in Lausanne, Switzerland. It was inaugurated on the 125th anniversary of the Olympic Games.

Key Points:
i. The newly built headquarters was designed by architecture firm 3XN of Denmark.
ii. It is built on the site of the former headquarters and 95% of the old materials were reused and recycled.
iii. The signature feature of the new building is a central staircase which links the five Olympic rings. It brings around 500 IOC employees under one roof.
iv. IOC members gathered in Lausanne to choose the 2026 Winter Games host among the candidates- Milan-Cortina from Italy and Stockholm from Sweden.
v. Lausanne will host the 2020 Youth Olympic Winter Games.
About IOC:
President: Thomas Bach
Founders: Pierre de Coubertin, Demetrius Vikelas
Founded: 23 June 1894; Paris, France

Lewis Hamilton won French Grand Prix 2019
On June 23, 2019, Five-time Formula one (F1) world champion, Lewis Hamilton of Mercedes won the French Grand Prix 2019 held in Circuit Paul Ricard, Le Castellet, France with 187 points. Hailing from England, the United Kingdom, this was his sixth win from eight Grand Prix of the season 2019 and 79th of his career.

Key Points:
i. He won the race over Valtteri Bottas of Mercedes (Finland) who secured 151 points.
ii. Charles Leclerc of Ferrari (Monaco) finished third, Max Verstappen of Red Bull (Belgium) was fourth followed by Sebastian Vettel of Ferrari (Germany).
About French Grand Prix:
It is one of the oldest motor races in the world as well as the first “Grand Prix”.
First held: 1906
Most win- Drivers: Michael Schumacher (Germany)
Most win- Constructors: Ferrari

Indian women’s hockey team won FIH Series 2019 by beating Japan
On June 23, 2019, Indian Women’s Hockey team won the FIH ( Fédération Internationale de Hockey) Women’s Series Finals Hiroshima 2019 after defeating the host Japan by 3-1 in the finals held at the Hiroshima Hockey Stadium, Japan.

Key Points:
i. Indian team Captain Rani Rampal scored the first goal in the 3rd minute and Gurjit Kaur scored 2 goals at the 45th and 60th minutes.
ii. Japan’s Kanon Mori scored the goal for the team in the 11th minute.
iii. Rani Rampal was the best player of the tournament and Gurjit Kaur emerged as the top-scorer.
iv. The World No. 9 Indian team had qualified for the FIH Olympic Qualifiers 2019 on June 22, 2019 after securing a place in the Final of the competition.
About FIH/ International Hockey Federation:
Headquarters: Lausanne, Switzerland
President:  Narinder Batra
Founded: 7 January 1924

Swiss tennis star Roger Federer defeats David Goffin to win 10th Halle Open 2019 title
The 20-time Grand Slam champion, Roger Federer (37) of Switzerland defeated David Goffin (Belgium) to win the 27th edition of the Halle Open 2019 (also known as Noventi Open 2019) at the Gerry Weber Stadion in Halle, Germany from  17 – 23 June 2019.

Key points:
i. Federer beat Goffin with7-6 (2) 6-1 scores to win the Halle Open title for the 10th time and secured his 102nd career singles title.
ii. Halle Open 2019 is a part of the ATP (Association of Tennis Professionals) World Tour 500 series of the 2019 ATP Tour.
About Halle Open
It is a men’s tennis tournament held in Halle, North Rhine-Westphalia, Germany. Held since 1993, the event is played on four outdoor grass courts

BOOKS & AUTHORS

Vinit Goenka pens new book titled “Data Sovereignty – The Pursuit of Supremacy”
The book, “Function of Data Sovereignty – The Pursuit of Supremacy” co-authored by Vinit Goenka, Secretary, Centre for Knowledge Sovereignty (CKS) and Member Governing Council- CRIS (Centre for Railway Information Systems), Ministry of Railways, Government of India, recently released in New Delhi.

Key points:
i. The book is on the aspect of data generation and consumption which rules the world.
ii. It encourages policymakers on data localization and creates awareness among the people of the country on the potential of data and implications of data being exposed to outsiders.
iii. The other authors of the book are Lt. Gen. V.M Patil, Lt. Gen Dr. D.B. Shekatkar, Lt. Gen Vinod Bhatia, Lt. Gen Vinod Khandare, Jayadeva Ranade, and Bharat Panchal. The book has been published by Penman Books.

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