Current Affairs

10 June, 2021

International

The 2nd UN Global Sustainable Transport Conference will be held in Beijing

The Second United Nations(UN) Global Sustainable Transport Conference will take place from 14 to 16 October 2021 in Beijing, China. The conference under the theme “sustainable transport, sustainable development” will highlight the importance of sustainable transport towards achieving the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change The conference will focus on the opportunities, challenges and solutions towards achieving sustainable transport worldwide. The 1st Global Sustainable Transport Conference held in 2016 in Ashgabat, Turkmenistan.

QS World University Rankings 2022: MIT, USA ranked World’s Best University, IIT Bombay Top ranked Indian University

According to the 18th Edition of QS World University Rankings 2022 released by QS (Quacquarelli Symonds), Massachusetts Institute of Technology (MIT) in USA was ranked as the World’s No. 1 University (for the 10th consecutive time) followed by University of Oxford (UK) while Stanford University (USA) & Cambridge University (UK) shared the 3rd spot. Indian Institute of Technology Bombay (IITB) was the top ranked Indian University at 177 (score of 46.4)
i.Indian Institute of Science, Bengaluru (IISc Bengaluru) was ranked as the World’s top research university in accordance with quotes per faculty indicator. IISc Bengaluru received a score of 100 out of 100 for quotes per metric faculty (CPF)..
Rank University Score
1 Massachusetts Institute of Technology (MIT), USA 100
2 Oxford University, UK 99.5
3 Stanford University, USA 98.7
3 Cambridge University, UK 98.7
Indian University Rankings
Indian Rank University World Rank
1 IIT Bombay 177
2 IIT Delhi 185
3 IISc Bengaluru 186
About QS World University Ranking:
Founder and CEO – Nunzio Quacquarelli
Head office – the United Kingdom

New Zealand’s Auckland named World’s Most Liveable City: EIU Report 2021

According to the Global Liveability Index 2021 released by the Economic Intelligence Unit (EIU), New Zealand’s Auckland has been named as the World’s Most Liveable City due to its ability to control the spread of COVID-19 pandemic faster and lift restrictions earlier than other cities in the world even though city had more COVID-19 cases. Osaka (Japan), and Adelaide (Australia) came 2nd and 3rd respectively. Auckland has replaced Vienna (Austrian Capital) as the most liveable city. Vienna had topped the list since 2018. The Index is based on a survey conducted between February 22-March 21, 2021 and ranks 140 cities. Globally, the average livability score has fallen by 7 points compared to average pre-pandemic score. The Liveability Index is a bi-annual index and ranks cities based on 5 Indicators – stability, healthcare, education, culture and environment, and infrastructure. Syrian Capital, Damascus remained the least liveable city at Rank 140.
Rank Index Score Location
1 96.0 Auckland, New Zealand
2 94.2 Osaka, Japan
3 94.0 Adelaide, Australia
About Economic Intelligence Unit (EIU)
Managing Director – Robin Bew
Headquarters – London, United Kingdom

National

Government extends Free Foodgrains Scheme till November 2021

The Central Government has announced the extension of the Scheme to distribute Free of cost – Wheat & Rice Under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) to around 80 Crore people till November 2021. Earlier, the scheme was applicable for the months of May & June 2021 only.
i.Under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), the Central government is distributing 5 Kg free food grains per person per month to 80 Crore beneficiaries covered under the National Food Security Act (NFSA). It was launched to support the vulnerable sections of the society and was implemented during April-November 2020. It was reintroduced for May-June 2021 to deal with the impact of the 2nd wave of the pandemic. The estimated cost for the two months was around INR 25, 332.92 Crore.
ii.Food Corporation of India (FCI) is the nodal agency for procurement and distribution of foodgrains.
About Food Corporation of India (FCI)
It is a statutory body created and run by the Government of India. It is under the jurisdiction of the Ministry of Consumer Affairs, Food and Public Distribution.
Chairman & MD – Atish Chandra
Headquarters – New Delhi

Kiren Rijiju Released the E-Book – “20 Medicinal Plants for 2021 for Covid-19 Care”

Kiren Rijiju, Minister of State for Ayush, released the e-book titled “20 Medicinal Plants for 2021 for Covid-19 care” to highlight the importance of medicinal plants and their therapeutic properties. The ebook was prepared by the National Medicinal Plants Board (NMPB).
About the E-Book:
i.The book records the botanical names, vernacular names, chemical constituents, therapeutic values, pharmacological principles and important formulations.
ii.The plants mentioned in the ebook can be used in the prevention and management of Covid-19 along with the standard of care.
About National Medicinal Plants Board (NMPB):
National Medicinal Plants Board (NMPB), under the Ministry of AYUSH, was established by the Government of India to promote the medicinal plant’s sector.
CEO-Dr J.L.N. Sastry
Established on 2000
Headquarters– New Delhi

CII-IGBC signed MoU with IIA for Green Building Movement

Confederation of Indian Industry (CII) – Indian Green Building Council (IGBC) signed a Memorandum of Understanding(MoU) with the Indian Institute of Architects (IIA) to strengthen the Green Building Movement and to promote sustainable development in the field of Architectural Design and planning.
V Suresh, Chairman of IGBC and C R Raju, National President of IIA, exchanged the MoU over a virtual platform.
About Indian Green Building Council (IGBC):
Indian Green Building Council (IGBC) is a part of the Confederation of Indian Industry (CII).
Formed in 2001
Headquarters– Hyderabad, Telangana

Prakash Javadekar launches Awareness Campaign on Single-use plastic &India Plastic Challenge Hackathon 2021

On Occasion of the World Oceans Day (June 8), Union Minister for Environment, Forest & Climate Change Prakash Javadekar launched an 2-month Awareness Campaign on Single-Use Plastic (SUP) & India Plastic Challenge – Hackathon 2021. In 2019, Government of India had set a target of phasing-out SUP in India by 2022. The awareness campaign will focus on plastic waste management and elimination of identified SUP items and aims to bring behavioural change in the people. United Nations Environment Programme (UNEP) & GIZ India (Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH) will be the knowledge partners, while Federation of Indian Chambers of Commerce and Industry (FICCI) will be the Industry partner for the awareness campaign.
About Ministry of Environment, Forest & Climate Change (MoEFCC)
Union Minister – Prakash Javadekar ( Rajya Sabha – Maharashtra)
Minister of State (MoS)– Babul Supriyo ( Asansol, West Bengal)

NITI Aayog, Piramal Foundation launch COVID-19 Home Care in 112 Aspirational Districts

NITI Aayog and Piramal Foundation have launched ‘Surakshit Hum Surakshit Tum Abhiyaanin’ in 112 Aspirational Districts to help district administrations to provide home-care support to COVID-19 patients who are asymptomatic or have mild symptoms.
Objective – It aims to provide long-term support to India’s poorest communities in the Aspirational Districts by addressing the lasting impact of COVID-1. The initiative is part of the ‘Aspirational Districts Collaborative’, in which local leaders, civil societies and volunteers work with district administrations for addressing emerging problems across key focus areas of Aspirational Districts Programme. Most of Aspirational districts (backward districts) are situated in Jharkhand, Chhattisgarh, Odisha and Maharashtra.
Implementation
i.The initiative will be led by District Magistrates in partnership with over 1000 local Non-Governmental Organizations (NGOs) and volunteers. It will train around 1 Lakh volunteers to connect with patients through calls and support the training of NGOs and volunteers.
ii.NGOs will mobilize local volunteers for providing home-care support to those affected, based on the guidelines of the Ministry of Health and Family Welfare.
About NITI Aayog
CEO – Amitabh Kant
Headquarters – New Delhi
About Piramal Foundation
Chairman – Ajay P
CEO – Aditya Natraj
Headquarters – Mumbai, Maharashtra

Economy

World Bank Forecasted India’s GDP Growth for FY22 to 8.3%, FY23 at 7.5%; Crisil Projected India’s FY22 Growth at 9.5%

In its June 2021 Global Economic Prospects, World Bank revised India’s GDP growth forecast for FY22 to 8.3 percent from its earlier estimate of 10.1 percent, (the forecast has been revised up by 2.9 percentage points). It has also projected India’s growth in FY23 at 7.5 percent due to the impact of COVID-19. WB estimated India’s economy to have contracted by 7.3 (-7.3) percent in 2020. It also estimated India to grow at 7.5 percent and 6.5 percent in calendar years 2023 and 2024.
Global Growth: WB increased its global growth forecast in 2021 from 4.1 percent (January 2021, forecast) to 5.6 percent, the fastest post-recession pace in 80 years.
Headquarters – Washington DC, USA
Member countries – 189
President – David R. Malpass (13th President)

RBI Extended the Banking License of Rupee Co-Operative Bank till August 31, 2021

The Reserve Bank of India (RBI) has extended the banking license of the Rupee Co-operative Bank, Pune, Maharashtra till August 31, 2021. During the last 5 years, the Bank has made a total recovery of Rs 263.93 crores and an aggregate operating profit of Rs 70.70 crores till March-2021. The Bank had paid Rs 366.54 Crores to 92602 needy depositors under the Hardship Scheme till March-2021. The Bank has 5 lakh depositors with aggregate deposits of Rs 1297 crores out of which around 99 percent of depositors (i.e.4,84,336) have deposits less than the insurance cover limit of Rs 5 lakh and they have total deposits of Rs 714 crores. The remaining 1 percent i.e. 4562 depositors have total deposits of Rs 583 crores which are above the deposit insurance cover. Hence, RBI is planning to liquidate the bank and fully refund deposits under insurance cover.

KIADB inks MoU with HDFC Bank to Offer Banking Solutions to Investors

Karnataka Industrial Area Development Board (KIADB) signed a Memorandum of Understanding (MoU) for 3 years with HDFC Bank to provide a wide range of financial products and services to its customers.
About Karnataka Industrial Area Development Board (KIADB):
Establishment – 1966 through KIAD Act
Headquarters – Bengaluru, Karnataka
CEO & Executive Member – N Shivashankara

Central Bank of India Inks Co-Lending Pacts with Indiabulls Housing, IIFL HFL to Offer Home Loans

In June 2021, Central Bank of India announced co-lending partnerships with Non-Banking Finance Companies (NBFCs), Indiabulls Housing Finance Limited (Indiabulls HFL) and IIFL Home Finance Limited (IIFL HFL) to offer housing loans under priority sector to homebuyers. Indiabulls HFL and IIFL HFL will service the loan account throughout the life cycle of the loan, they will originate and process retail home loans. Central Bank of India will take 80 percent of the housing loan into its book under direct assignment transactions. This co-lending is based on Reserve Bank of India’s (RBI) Co-Lending Model (CLM), which was announced by it in November 2020.
About Central Bank of India:
Establishment – 1911
Headquarters – Mumbai, Maharashtra
MD & CEO – M. V. Rao
Tagline – ‘Central’ to you since 1911

Sports

IOA drops Chinese brand as its official kit sponsor for Tokyo Olympics

The Indian Olympic Association (IOA) on June 8, 2021, decided to drop the sportswear brand of China, Li Ning, as its official kit sponsor for the Olympics.

The Association has decided that the country’s athletes will wear unbranded apparel during the Tokyo Olympic Games which is scheduled to be held from July 23 to August 8, 2021.

The Olympic kit designed by the Chinese brand, Li Ning, for the Tokyo Games was unveiled last week by the Indian Olympic Association, however, it led to criticism.

The Sports Ministry of India then advised the Olympic Association to not include a Chinese sponsor for the Tokyo Games.

Tokyo 2020: IOC announces list of 29 refugee athletes of Refugee Olympic Team

The International Olympic Committee (IOC) on June 8, 2021, approved the list of 29 refugee athletes in the Refugee Olympic Team Tokyo 2020. The refugee athletes will compete at the Tokyo 2020 under the Olympic flag.

The 29 refugee athletes met for the first time online on June 8, 2021, during a virtual ceremony where IOC President Thomas Bach congratulated the athletes and officially announced their participation in the Tokyo 2020.

The complete IOC Refugee Olympic Team (EOR) Tokyo 2020 will meet in person for the first time at the Aspire Academy in Doha (Qatar) on July 12 and 13 before flying to Japan on July 14.

Bach said that the coming together of the athletes from the IOC Refugee Olympic Team and the National Olympic Committees in Tokyo on July 23 will send out a powerful message of hope, resilience, and solidarity to the world. Addressing the refugee athletes, Bach said, “You are an integral part of our Olympic community, and we welcome you with open arms.”

Miscellaneous

Income Tax Department launches new e-filing portal

The Income Tax Department launched its new e-filing portal www.incometax.gov.in. The portal aims to provide a convenient, modern, and seamless experience to taxpayers. The mobile app is also set to be launched soon. The launch of the portal is an initiative by the Central Board of Direct Taxes (CBDT) to provide ease of compliance to taxpayers and other stakeholders.
About Central Board of Direct Taxes (CBDT)
Interim Chairman – Jagannath Bidyadhar Mohapatra
Headquarters – New Delhi

RBI Deputy Governor MK Jain Gets Two-Year Extension

The Appointments Committee of the Cabinet has approved re-appointment of Mahesh Kumar Jain(MK Jain) as Deputy Governor of Reserve Bank of India (RBI) for a period of two years with effect from 22.06.2021, or until further orders, whichever is earlier. His three-year term is due to get completed on June 21,2021 He handles portfolios including coordination, central security cell, consumer education and protection department, supervision, financial Inclusion, human resource and rajbhasha.
About MK Jain:
i.MK Jain was appointed as deputy governor of RBI for three years in June 2018.
ii.Before that he served as Managing Director(MD) of IDBI Bank since March 2017.
iii.He also served as Managing Director(MD) and Chief Executive Director(CEO) of Indian Bank from November 2015 to March 2017.

Former UP Chief Secretary Anup Chandra Pandey Appointed as Election Commissioner

The Government of India has appointed Anup Chandra Pandey, retired Ias officer of 1984 batch, Uttar Pradesh Cadre as the Election Commissioner of India with effect from the date he assumes the office. He will retire in February 2024. He was appointed to the position which was previously held by former Chief Election Commissioner Sunil Arora who retired on 12th April 2021. Anup Chandra Pandey will join Chief Election Commissioner (CEC) Sushil Chandra and Election Commissioner Rajiv Kumar in the 3 member top executive body of the Election Commission of India (ECI) which will oversee the assembly elections in Uttar Pradesh, Punjab, Goa, Manipur and Uttarakhand.
About Election Commission of India(ECI):
Election Commission of India is an autonomous constitutional authority responsible for administering Union and State election processes in India.
ECI was established in accordance with the Constitution on 25th January 1950.
Chief Election Commissioner(CEC)– Sushil Chandra
Headquarters– New Delhi

Delhi, Hyderabad Airports Received ACI Asia–Pacific Green Airports Recognition

GMR Airports-run Delhi and Hyderabad airports have been felicitated by the Airports Council International (ACI) Asia-Pacific Green Airports Recognition 2021(Platinum and Gold Recognistions) for their environmentally sustainable initiatives.
AIC’s Platinum and Gold Recognition:
A.The Delhi International Airport Limited (DIAL):
i.DIAL was awarded with the Platinum Recognition in the over 25 Million Passengers Per Annum (MPPA) category.
ii.This is the 5th consecutive year where DIAL has been awarded for its Green taxiing initiatives at Indira Gandhi International Airport (IGI) Airport based on TaxiBots.
iii. The use of TaxiBot has reduced around ~532 tonnes of Carbon at Delhi Airport. It also helped airlines in saving around ~214,000 litres of aviation turbine fuel (ATF).
iv.DIAL was working towards its objective of becoming – a net-zero carbon emission airport by 2030. DIAL is also named as IGI.
About GMR Group:
It presently owns and operates Delhi and Hyderabad International Airports.
Establishment – 1978
Chairman – B V N Rao
About Delhi International Airport Limited (DIAL):
It is the 1st Carbon Neutral Airport in Asia Pacific Region
CEO – Videh Kumar Jaipuriar

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