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June 2019 Daily News Current Affairs

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  1. June 30, 2019
    1. June 30 - International Asteroid Day, Proclaimed by United Nations General Assembly (UNGA) in December 2016. The day marks anniversary of Tunguska impact over Siberia (Russia), on 30 June 1908.
    2. June 30 - International Day of Parliamentarism, proclaimed by United Nations General Assembly (UNGA) in May 2018. On this day in 1889, on which Inter-Parliamentary Union, global organization of parliaments was established.
    3. Higher Education Department of Ministry of Human Resource Development released a five-year vision plan named Education Quality Upgradation and Inclusion Programme (EQUIP). 
      1. 10 Focus Areas - Strategies for expanding access, Towards global best teaching/learning process, Promoting Excellence, Governance reforms Assessment, Accreditation & Ranking systems, Promotion of research & innovation, Employability & entrepreneurship, Using Technology for better reach, Internationalisation AND Financing higher education.
      2. Expert Groups drawn from senior academicians, administrators and industrialists, have suggested more than 50 initiatives that would transform the higher education sector completely.
    4. General Conferences (June 21 - 30, 2019) -
      1. 23rd edition of Sindhu Darshan Utsav 2019 held at Sindhu Ghat Shey in Leh (J & K). It aims at projecting Indus (or Sindhu) as a symbol of India’s unity, peaceful coexistence and communal harmony.
      2. Haryana Govt. minister launched ‘Krishi kiosk’ for farmers at Panchkula (Haryana), under state’s ’‘Digital Kisan Suvidha’ plan. It will give farmers information about government schemes and also help them file claims under ‘Pradhan Mantri Fasal Bima Yojana’ Scheme.
      3. 35th GST Council meeting held in New Delhi. under Chairmanship of Finance Minister Nirmala Sitharaman.
        1. Council decided location of State and the Area Benches for the Goods and Services Tax Appellate Tribunal (GSTAT) for various States / UTs with legislature. It has been decided to have a common State Bench for States of Sikkim, Nagaland, Manipur and Arunachal Pradesh.
        2. Tenure of National Anti-Profiteering Authority has been extended by 2 years.
      4. Ministry of New and Renewable Energy observed Swachhta Pakhwada (cleanliness fortnight) from 1st - 15th June 2019.
      5. Department of Revenue, Ministry of Finance hosted a Meeting of Expert Working Group on Paris Pact Initiative on Illicit Financial Flows deriving from the trafficking of Opiates originating in Afghanistan. Meeting was organised in New Delhi with support of United Nations Office on Drugs & Crimes (UNODC). Paris Pact is a group of 58 countries and 23 International Organisations affected with drug trafficking of Afghan Opiates.
      6. BSES Yamuna Power Ltd launchD behavioural energy saving app 'Susthome', in partnership with energy resources institute TERI and Panasonic India. The other two initiatives are "Green Division concept and solar micro grids with battery storage". v. BSES is a Delhi power distribution company.
      7. Ministry of Information and Broadcasting distributed Doordarshan (DD) over 30000 Free Dish Set Top Boxes to people living in border areas of Jammu and Kashmir.
      8. India International Institute of Democracy and Election Management (IIIDEM) (ECI) organized training programme on Use of Technology in Elections for Election Officials of Union Election Commission of Myanmar.
      9. Goa Govt. Approved An amendment in Factories Act 1948, to facilitate women to work in night shifts, provided that conditions for ensuring safety of women must be specified.
      10. India opened its first specialised hydrotherapy treatment for elephants suffering from arthritis, joint pain and foot ailments in Mathura, Uttar Pradesh.
      11. 3rd Indo-French cyber dialogue was held in Paris (France).
    5. Govt. reduced interest rates for small savings schemes by 10 basis points for July-September quarter of FY 2019-20. Updated Rates of Interest -
      1. PPF and National Savings Certificate (NSC) will yield 7.9% interest (earlier 8%). KVP will fetch 7.6% with maturity of 113 months (as compared with earlier 7.7% with maturity of 112 months).
      2. Girl child savings scheme Sukanya Samriddhi will fetch a lower return of 8.4% (earlier 8.5%). Term deposits of 1-3 years will fetch interest rate of 6.9% (paid quarterly), while 5 year Deposit will get 7.7%.
    6. India born Priya Serrao won Miss Universe Australia title 2019.
    7. Nagaland Governor Padmanabha Balakrishna Acharya has been given additional charge of Governor of Manipur, in absensce of Najma Heptulla (Governor of Manipur).
    8. Cabinet approved bill to fine people with INR 10,000 for blocking ambulances, as part of Motor Vehicles (Amendment) Bill.  The new bill update Motor Vehicles Act 1988.
      1. Over-speeding penalties will be charged between 1,000- 2,000, driving without insurance will fetch Rs 2,000 as fine, without helmets will attract Rs 1,000 fine and 3-month suspension of licence. Drunken driving would attract a fine of Rs 10,000. Several Other type of Fines have been increased.
    9. RBI stated that India’s Current Account Deficit (CAD) increased to $57.2 billion or 2.1% of Gross Domestic Product (GDP) in FY19, against 1.8% of 2018 (which was $48.7 billion). It was highest in 6 years due to higher trade deficit caused by high crude oil imports.
      1. Increase in trade deficit to $180.3 billion for 2019 (against $160 billion in 2018), led to widening of CAD in FY19.
    10. NASA will launch Dragonfly drone helicopter to Saturn’s largest moon Titan in search of building blocks of life. Dragonfly will launch be launched in 2026 and will arrive at its destination in 2034. Dragonfly Drone will fly to dozens of promising locations on Titan looking for prebiotic chemical processes common on both Titan and Earth.
      1. It will become 1st vehicle ever to fly its entire science payload to new places for repeatable and targeted access to surface materials.
    11. Power ministry made it mandatory for discoms to open and maintain adequate letter of credit (LC) as payment security mechanism under power purchase agreements (PPAs) for buying electricity from generating firms from August 2019.
    12. Obituaries (June 2019) -
      1. Ruma Guha Thakurta - Noted Bengali Actor-singer. She was first wife of Noted actor-singer Kishore Kumar.
      2. Dinyar Contractor - Noted Hindi comedian and film actor.
      3. Brij Mohan Khaitan - Noted industrialist. He recently resigned as chairman of Eveready Industries and McLeod Russel. He is also known as Evergreen tea man of India.
      4. José Antonio Reyes- Spanish Footballer.
      5. Girish Karnad - Noted Indian actor, director, and Kannada writer. He was a recipient of 1998 Jnanpith Award, highest literary honour conferred in India.
      6. Crazy Mohan - Noted Tamil writer, comedian and actor.
      7. Malcolm John Rebennack (better known as Dr John) - Noted American musician. He was Six-time Grammy Prize Winner.
      8. Prakash Pant - Incumbent Uttarakhand Finance Minister.
      9. Pazhavila Ramesan - Noted Malayalam Poet and lyricist from Kerala.
      10. R V Janakiraman - Former Puducherry Chief Minister.
      11. Ahmed Essop - India born Noted South African author and educationist.
      12. Franco Zeffirelli - Noted Italian director. He is most famous for his 1968 film ‘Romeo and Juliet’.
      13. N. Lingappa - Noted athletics coach (Dronacharya Awardee).
      14. Mohamed Morsy - Former Egyptian President.
      15. Thanjavoor Ramamoorthy - Noted mridangam classical music expert.
      16. Mohan Ranade - Noted freedom fighter. He participated in Goa Liberation Movement.
      17. Vijaya Nirmala - Noted Telugu actress and director.
      18. Jharna Dhara Chowdhury - Noted social activist from Bangladesh.
      19. Mohammed Baji (Md Bazi) - Noted freedom fighter. He was oldest living Freedom Fighter, with age of 103 years as on his demise.
      20. Babu Narayanan - Malayalam Film director.
      21. Abburi Chaya Devi - Noted Telugu story writer and the Sahitya Akademi award winner.
      22. Shyam Sundar Mitra - Former Bengal cricketer. He was awarded Karthick Bose Lifetime Achievement Award by Cricket Association of Bengal.
    13. Misc. Sports Events (June 2019) -
      1. Liverpool FC beat Tottenham Hotspur FC to win 64th season of UEFA Champions League Football trophy 2018-19, in finals played in Madrid (Spain). It is 6th Title for Liverpool FC.
      2. India's Sidharth Rawat defeated Rio Noguchi of Japan to win $25,000 ITF men’s Futures tennis tournament in Thailand, as his First title.
      3. Indian junior women's hockey team won Cantor Fitzgerald U21 International 4-Nations title after beating Ireland at Dublin (Ireland).
      4. Mexican-American boxer Andres Ponce Ruiz Jr. became heavyweight champion after beating British professional boxer Anthony Joshua at Madison Square Garden, New York. Andres Ruiz became first Mexican heavyweight champion of world.
      5. 2019 FIFA Women's World Cup Began in France, to be held till July 07, 2019. It is eighth edition of the Tournament. USA had won the title earlier in 2015. 24 nations are participating in the event.
      6. Sunil Chhetri became most capped Indian player by surpassing Bhaichung Bhutia's 107 international matches.
      7. Asian Football Confederation (AFC) confirmed that China will host 2023 Asia Cup Football Title.
      8. South America’s Football governing body CONMEBOL invited Australia and Qatar to take part in 2020 COPA America, to be co-hosted by Argentina and Colombia. Copa America is contested between 12 South American nations, but CONMEBOL only has 10 members which means that there is often pair of invitees to tournament.
      9. Joshna Chinappa won her 17th Senior National Squash tournament title, beating Bhuvneshwari Kumari's long standing record of 16th consecutive titles between 1976 to 1991. Mahesh Mangaonkar won In men’s category.
      10. Jemimah Rodrigues became 3rd third Indian Female Cricketer after Smriti Mandhana and Harmanpreet Kaur to feature in the Kia T20 Super League in England.
      11. 33rd Federation Cup Basketball Championships held in Gautam Buddha University in Greater Noida. Punjab Police and Eastern Railway won men’s and women’s titles respectively.
      12. India won FIH Men’s Series Finals hockey tournament 2019, Defeating South Africa at Kalinga Stadium in Bhubaneswar (Odisha). This will place India in top five of FIH World Rankings, to be updated in September 2019.
      13. Indian Chess Grandmaster Nihal Sarin won at 2019 Asian Continental Chess Championship in Xingtai (China) in blitz event.
      14. ICC Cricket World Cup 2019 (Continued till July 14, 2019) Being Held in England and Wales. Some Notable So Far -
        1. Australia's David Warner become first batsman to score two 150-plus scores in World Cup history.
        2. England's Eoin Morgan sets world record for most sixes (17) in an ODI, in a knock against Afghanistan.
        3. Afghanistan spinner Rashid Khan recorded worst bowling figures in a ICC World Cup Match, after conceding 110 runs in 9 overs against England.
      15. Gary Woodland (USA) won 119th US Open Golf Title.
      16. India’s PU Chitra won gold medal in women’s 1500m at Folksam Grand Prix 2019 in Sollentuna (Sweden), clocking 4 minute 12.65 seconds.
      17. Indian IT Firm HCL Technologies signed multi-year digital technology partner deal with Cricket Australia (CA).
      18. Women's cricket nominated for inclusion at 2022 Commonwealth Games, scheduled to be held in Birmingham, United Kingdom.
      19. Indian Billiards Player Pankaj Advani won 35th men's Asian Snooker Championship in Doha (Qatar), defeating Thanawat Tirapongpaiboon (Thailand). Pankaj become only one to win Asian and World championships in all formats.
      20. International Olympic Committee (IOC) lifted sanctions imposed on India to host international sporting events. Sanctions were imposed on india when Pakistani shooters were not issued visas for World Cup held in Delhi in February 2019, amid standoff Over Pulwama Attacks.
      21. World Archery appointed Indian Olympic Gold Medalist Abhinav Bindra to sort out ongoing trouble in Archery Association of India (AAI). AAI violated constitution by unanimous electing two parallel bodies in Chandigarh and New Delhi.
      22. Indian Women’s Rugby team won their 1st ever international game, after beating Singapore in Asian Women Rugby Championship Division 1 in Manila (Philippines).
      23. India's Annu Rani won women’s javelin bronze in 58th Ostrava Golden Spike athletics meet (Czech Republic), an IAAF World Challenge event.
      24. India proposed to host 2023 International Olympic Committee (IOC) session in Mumbai, which will choose host city for 2030 Winter Olympics. An IOC Session is an annual general meeting of members of Committee.
      25. International Olympic Committee (IOC) suspended Olympic status from International Boxing Association (AIBA) and took over responsibilities of qualifying and final tournaments for 2020 Tokyo Games. AIBA has debts of about $17 million and it may be bankrupt in near future.
      26. Girish A. Koushik of Karnataka became India’s 63rd Grandmaster (GM), at 37th Balaton International Chess Festival in Hungary.
      27. India’s junior Boxing women’s team was won best team trophy in 5th Black Forest Cup held in Villingen, Schwenningen (Germany).
        1. India won 7 medals (including 5 gold). Haryana’s Neha claimed best boxer title. Gold Medals - Tamanna (48kg), Anju, Neha, H. Maheshwari Devi (57 kg), and Preeti Dahiya (60kg).
    14. Misc. Appointments (June 2019) -
      1. Chhattisgarh government has been appointed as new advocate general of State.
      2. Ujjivan Small Finance Bank appointed Flipkart founder Sachin Bansal as its independent director.
      3. Gianni Infantino has been re-elected as President of Football Governing Body FIFA until 2023.
      4. Indonesia's Anton Aditya Subowo re- elected as President of Badminton Asia.
      5. Government appointed PJS Pannu as Deputy Chief of Integrated Defence staff (operations).
      6. Government appointed Arun Kumar Sahu as next High Commissioner of India to Republic of Trinidad and Tobago.
      7. Cabinet Secratary Pradeep Kumar Sinha has been given extension for three months.
      8. Jammu and Kashmir government removed Parvez Ahmad as J&K Bank Chairman, and appointed RK Chibber as interim chairman.
      9. Indian-American Pramila Jayapal became first South Asian American woman to preside over US House of Representatives as a temporary speaker.
      10. N Gopalaswami appointed as electoral officer to supervise BCCI’s Annual General Meeting (AGM) election.
      11. Muktesh Kumar Pardeshi has been appointed as new Indian Ambassador to Belize (Central America).
      12. Dinesh K Tripathi appointed as commandant of Indian Naval Academy Ezhimala (Kerala).
      13. British consumer goods Firm Reckitt Benckiser Appointed PepsiCo's Indian Origin Executive Laxman Narasimhan as New CEO.
      14. Govt. appointed Nripendra Misra as Principal Secretary to Prime Minister and P.K. Mishra as Additional Principal Secretary to Prime Minister. Both Designations will be assigned rank of Cabinet Minister. Also, IV Subba Rao will Continue as Secretary to Vice President.
      15. Bhola Nath Shukla appointed as Chairman-cum-Managing Director of PSU Mahanadi Coalfields Ltd (MCL).
      16. V Ravi Anshuman appointed as part-time member in Securities and Exchange Board of India (SEBI) for 3 years.
      17. China appointed Sun Weidong as new Ambassador to India.
      18. Government appointed Ms. Padmaja as next Indian High Commissioner to Republic of Oceanic Nation Tuvalu.
      19. RBI promoted Rabi N Mishra as executive director (ED).
      20. Faiz Hameed appointed by Pakistan military as new Director-General of Inter-Services Intelligence (ISI), military-led spy agency of Pakistan. ISI Chief is answerable only to Army chief and not Prime Minister.
      21. Govt. approved extension to Alok Vardhan Chaturvedi's tenure as Directorate General of Foreign Trade (DGFT).
      22. Uttar Pradesh Govt. appointed Prabhat Kumar as new chairman of Uttar Pradesh Public Service Commission.
    15. Indian GDP Growth Forecasts (June 2019) -
      1. American banking firm Goldman Sach Predicted Indian GDP Growth rate to be 7.2 % in 2019-20.
      2. World Bank retained its forecast of India's growth rate at 7.5% for current financial year (FY 2019 - 20), In its Global Economic Prospects report.
        1. South Asia regional GDP is expected to expand to 6.9 % in 2019 (0.2 percentage point down from previous projections owing to downward revisions for Pakistan).
        2. World Bank also slashed global forecast for 2019 to 2.6% as compared to 2.9% earlier. Report stated that Growth slowdown was because of deceleration in investments due to trade tensions between US and China.
      3. Fitch Global Economic Outlook lowered India's growth forecast from 6.8% to 6.6% for FY 2019-20. It retained Indian GDP growth forecast for the next fiscal (2020-21) at 7.1% and 7.0% for 2021-22.
      4. Singapore based DBS Bank revised India’s Gross Domestic Product (GDP) forecast for FY 2019-20 to 6.8%, from 7% Eaelier. Inflation rate was estimated at 3.8% for FY20 against 3.4% of FY19.
    16. Industrial Awards (June 2019) -
      1. Indian automobile firm Mahindra honored with Gold Award by South Africa's National Automobile Dealers' Association (NADA), which tests dealers' satisfaction with way a brand supports and communicates with them.
      2. Jawaharlal Nehru University will confer distinguished alumni award Union Ministers Nirmala Sitharaman ( Minister of Finance and Minister of Corporate Affairs) and Subrahmanyam Jaishankar (External Affairs). Ms. Sitharaman completed her MA and M Phil degrees while Mr. Jaishankarcompleted his M Phil and doctoral research form JNU.
      3. 29 journalists honoured with 44th Matri Shree Media Awards for 2019 for their contribution towards journalism.
      4. Noted pediatrician and author Gaurav Nigam conferred with ‘Innovative Research Excellence Award 2019’ at Asian Leadership Summit held at Thimphu (Bhutan), organized by Global Leaders Foundation.
      5. India's Gaurav Nigam honoured with ‘Innovative Research Excellence Award 2019’ at Asian Leadership Summit, organized by Global Leaders Foundation.
      6. Ministry of Home Affairs (MHA) released rankings of police stations for 2018 -
        1. Kalu police station in Bikaner district of Rajasthan ranked best police station in country, followed by Campbell Bay police station in Nicobar district of Andaman & Nicobar Islands.
        2. Also, Rahimatpur police station in Satara district in western Maharashtra named State topper in a survey based on the ‘SMART’ policing concept announced by Govt.
      7. National Aluminium Company Limited (NALCO) selected for President’s award for utilisation of Corporate Social Responsibility (CSR) fund in social development, for its Aliali Jhia Scheme. Aliali Jhia scheme was started in 2015, on lines of Beti Bachao Beti Padhao to adapt and promote poor girls for education.
      8. Jawaharlal Nehru Port Trust (JNPT) won ‘Best Port of the Year- Containerised’ award at the 4th India Maritime Award ’19.
      9. IIT Kanpur honoured India's chief national badminton coach Pullela Gopichand with honorary doctorate.
    17. Persons Resigned / Retired (June 2019) -
      1. Yuvraj Singh - Noted Indian Cricketer. He was Man of the tournament in 2011 World Cup which was won in India. He scored over 11700 Runs in 40 Tests, 304 ODIs and 58 T20Is.
      2. Azim Premji will retire as Executive Chairman of Mainstream IT Firm Wipro in end of July 2019, after leading the company for 53 years. He will continue to serve on board as Non-Executive Director and founder Chairman.
      3. Lee Chong Wei - Malaysian badminton Player.
      4. Spanish Former Fernando Torres announced his retirement.
      5. Yes Bank’s Former interim MD and CEO Ajai Kumar resigned as non-executive non-independent director of Yes Bank.
      6. Reserve Bank of India (RBI) Deputy Governor Viral Acharya resigned from his position, 6 months before scheduled end of his term.
      7. Former England batsman Marcus Trescothick announced retirement from professional cricket.
  2. June 29, 2019
    1. June 29 is observed as National Statistics Day in India, as 13th edition of this day. 2019 Theme is Sustainable Development Goals (SDGs).
      1. It is celebrated annually on occasion of Birth anniversary of India’s eminent statistician, Late Prof Prasanta Chandra Mahalanobis.
      2. Winner of Prof. C R Rao Award 2019 (Subhra Sankar Dhar, IIT Kanpur) for notable contribution in field of Statistics was felicitated on this occasion.
    2. June 29 is observed as International Day of the Tropics, proclaimed in 2016 by United Nations General Assembly (UNGA).
      1. On this day in 2014, Nobel Laureate Aung San Suu Kyi launched inaugural State of Tropics Report which is culmination of collaboration between 12 leading tropical research institutions, and offers unique perspective on Tropics, an increasingly important region.
    3. Indian Naval Ship Tarkash Visited Alexandria (Egypt), as a part of Western Fleet Overseas Deployment programme and demonstrate India's commitment to ties with Egypt.
    4. As per draft regulation issued by Food Safety and Standards Authority(FSSAI), Packaged food companies will be required to label high fat, sugar and salt content levels on front side of the package with “red-color-coding”. This will replace Food Safety and Standards (Packaging and Labelling) Regulations 2011.
    5. Tamil Nadu Government appointed K Shanmugam as Chief Secretary (CS) of Tamil Nadu, and JK Tripathy as Director General of Police (DGP) of State.
    6. Power Ministry formated a three-member dispute resolution committee with members M F Farooqui, Anil Swarup and A K Dubey, to resolve disputes between private solar & wind power developers and public sector Solar Energy Corporation of India and National Thermal Power Corporation Limited (NTPC) beyond contractual agreement.
      1. India aims to achieve 175 gigawatts (GW) of renewable energy capacity by 2022 as part of its climate commitments. Out of 175 GW, 100 GW will be received from solar projects and rest from wind power projects.
    7. High Level Advisory Group (HLAG) under Surjit S. Bhalla made several recommendations for boosting India’s share and importance in global merchandise and services trade. Recommendations Include Elephant Bonds as a specialised security product providing funds towards Long Term Infrastructure.
    8. As per Mercer’s 25th Annual Cost of Living Survey -
      1. Mumbai is India’s most expensive city, being included in top 20 most expensive cities in Asia for expatriates. Mumbai is ranked 67th globally.
      2. Costliest Cities in world - Hong Kong (1), Tokyo (2), Singapore (3) and Seoul (4).
      3. Least Expensive Cities - Tunis (209), Tashkent (208), and Karachi (207).
    9. West Bengal Government launched a crop insurance scheme named Bangla Sashya Bima (BSB) for 2019 ‘Kharif’ season to protect farmers from losses due to natural disasters. State government would pay entire premium for the same.
    10. RBI has set an average base rate of 9.18% for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs), to be charged from customers for quarter July - Sep 2019. RBI sets average base rate on basis of an average of base rate of the 5 largest commercial banks.
    11. According to report Renewable Power Generation Costs in 2018 by International Renewable Energy Agency (IRENA) -
      1. India leads in producing solar power at lowest cost globally. India has lowest total installed cost for new utility-scale solar PV projects that were commissioned in 2018 at $793/Kw(kilowatt), which is 27% lower than in 2017.
      2. Top 3 with Highes costs - Canada($2,427/kW) Russia ($2,302/kW), Japan($2,101/kW).
    12. Italy’s Milan and Cortina d’Ampezzo won right to host 2026 Winter Olympics. It was decided during 134th session of International Olympic Committee (IOC) in Lausanne (Switzerland). Budget for 2026 Winter Olympics is estimated at $1.7 billion.
  3. June 28, 2019
    1. 2019 G20 summit (14th G20 meet) held in Osaka (Japan).
      1. G20 Its a forum of 19 Major Economies and EU.
      2. Indian Delegation was led by PM Narendra Modi.
        1. Informal summit of 'Russia-India-China' (RIC) leaders was held on sidelines of G-20 Summit 2019.
        2. An informal meeting of BRICS nations was also held on sidelines of the G20 Summit 2019.
        3. Kingdom of Saudi Arabia increased India’s Haj quota by 30000, lifting it to 200000 per year. It was discussed during PM Narendra Modi’s bilateral talks with Saudi Arabia’s Crown Prince Mohammed bin Salman during ongoing G20 Summit in Osaka (Japan).
      3. G20 Members -
        1. Australia, Canada, Saudi Arabia, United States, India, Russia, South Africa, Turkey, Argentina, Brazil, Mexico,France, Germany, Italy, United Kingdom, China, Indonesia, Japan, South Korea.
      4. It was first G20 summit to be hosted by Japan. Next (15th) G20 meet will be hosted by Riyadh (Saudi Arabia) in Nov 2020.
    2. Sarada Kumar Hota (MD & CEO of Can Fin Homes) has been appointed as MD of National Housing Bank.
    3. NASA selected Dipankar Banerjee, solar physicist from Indian Institute of Astrophysics as a Co-Investigator for its PUNCH mission (Polarimeter to Unify the Corona and Heliosphere), which will image the Sun. This is a landmark mission that will image regions beyond the Sun’s outer corona.
    4. According to the survey,  Periodic Labour Force Survey (PLFS) for 2017-18 by National Sample Survey Organization (NSSO) -
      1. There are huge variations among states in terms of unemployment rates. Overall unemloyment rate is 6.1%. Unemployment rate Nationally is 6.1%.
      2. Nagaland has highest unemployment rate among states with 21.4%, followed by Goa (13.9%)and Manipur(11.6%). Meghalaya has the lowest rate at 1.5%, followed by Chhattisgarh and Sikkim as next two best.
      3. Urban areas witnessed higher unemployment (7.8%) than the rural areas (5.3%).
      4. Females have lower unemployment rate (5.7%) in comparison to males (6.2%).
      5. Dadra and Nagar Haveli is best UT in terms of unemlooyment rate (0.6%).
    5. DRDO successfully test-fired indigenously developed nuclear-capable missile Prithvi-II, a surface-to-surface missile, with strike range of 350 km.
    6. Book titled ‘A Prime Minister to Remember- Memories of a Military Chief’, authored by former Navy Chief Sushil Kumar has been released. It highlights key defence related decisions taken by former PM Late Shri Atal Bihari Vajpayee.
    7. Go Tribal campaign was launched by Ministry of Tribal Affairs and TRIFED (Tribal Cooperative Marketing Development Federation of India) in association with Amazon Global.
      1. It aims to create awareness and promote tribal arts and crafts as well as help in welfare of over 700 Indian tribes, by making available tribal handcrafts via global online markets.
      2. Under this, Tribes India and Amazon Global Marketing will launch TRIBES India products globally through website (
    8. RBI permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers (other ARCs), in view of amendment to Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act 2002. . However, RBI mandated that all such transactions have to be settled in cash. This will help improve liquidity in Asset Reconstruction Companies’ market.
    9. India signed $250 Million Loan Agreement with World Bank for First Resilient Kerala Program, which seeks to enhance State’s resilience against impacts of natural disasters and climate change.
    10. Mahatma Gandhi Information Technology and Biotechnology Park (MGIT-BP) inaugurated at Grand-Bassam in Cote d’Ivoire (West Africa), built with India’s assistance of $20 Million through Exim Bank. MGIT-BPIt is a dedicated Free Trade Zone (FTZ) for IT and Biotechnology.
    11. RBI Mandated that all Payment System Operators (PSOs) shall store entire payment data in systems located only in India, after PSOs sought clarification on issue of data localization.
      1. In April 2018, RBI issued a directive on ‘Storage of Payment System Data‘ by which it had advised all system providers to ensure that within a 6 months period, entire data relating to payment systems operated by them is stored in a system only in India.
    12. British journalist Mark Tully conferred with ‘Lifetime Achievement Award’ at UK-India Awards in London for his contributions to UK-India relationships. Previously he had been knighted by Queen Elizabeth II in UK and conferred with Padma Bhushan in India. Global Indian Icon of the Year was won by Kunal Nayyar.
    13. Amid financial stress in telecom industry, Telecom Minsitry constituted a committee chaired by Telecom Secretary Aruna Sundararajan to spell out revival plans for Telecom sector.
    14. India abstained from voting on United Nation General Assembly (UNGA’s) resolution aimed at examining options to end trade in goods which are used for capital punishment and torture.
      1. India stated that it is unacceptable to place death penalty on par with torture that it firmly believe that freedom from torture is a human right which must be protected. Resolution was adopted a 81 voted in favour, 20 against, and 44 abstentions.
      2. India warned that it may start a duplicative parallel process related to goods being used for torture and capital punishment and that it will create ambiguity by conflating different issues.
    15. A Letter of Intent (LoI) exchanged between Ahmedabad and Japanese city of Kobe for a sister city partnership, to pave way for an enhanced economic relationship and cultural exchange between two cities.
    16. Exporters body Federation of Indian Export Organisations (FIEO) has elected Sharad Kumar Saraf as its new president.
    17. Bills Passed in Budget Session of Parliament, First of newly-constituted 17th Lok Sabha began work (June 17 - July26) -
      1. Bills passed by Both Houses (Lok sabha and Rajya Sabha)
        1. Special Economic Zones (Amendment) Bill 2019 -
          1. It allows trusts to establish units in Special Economic Zone (SEZs). It replaces Special Economic Zone (Amendment) Ordinance 2019 promulgated March 2019 and amends SEZ Act 2005.
          2. It amends definition of “person” under Section 2(v) of SEZ Act 2005 to include ‘trusts’. Apart from trusts, it also includes any entity that central government may notify from time to time in definition of ‘person’. As per act, proposal for establishment of SEZ be made by any “person”.
        2. The Jammu and Kashmir Reservation (Amendment) Bill 2019, aimed at providing relief to persons in Jammu and Kashmir living in areas adjoining international border.
          1. It will replace The Jammu and Kashmir Reservation (Amendment) Ordinance 2019 by amendments in Jammu and Kashmir Reservation Act 2004 and bringing persons residing in the areas adjoining International Border within the ambit of reservation at par with persons living in areas adjoining Actual Line of Control (ALoC).
        3. Homoeopathy Central Council (Amendment) Bill 2019 -
          1. It amends Homoeopathy Central Council Act 1973 and replaces the Homoeopathy Central Council (Amendment) Ordinance 2019 that was promulgated in March 2019.  It sets up Central Council of Homoeopathy which regulates homoeopathic education and practice.
  4. June 27, 2019
    1. US based Tech Firm Oracle introduced a new tool to help small & mid-sized banks to tackle fraud, named Oracle Financial Services “Anti Money Laundering Express Edition(AMLXE)”. It is designed to detect, investigate, and report suspected money laundering and terrorist financing activity.
    2. RBI issued a regulatory framework for setting up of financial benchmark administrator (FBA) for administering ‘significant benchmarks’ in markets for financial instruments. Significant benchmarks are notified by central bank taking into consideration its use, efficiency, and relevance in domestic financial markets. Without obtaining RBI's authorization, FBA will not administer a ‘significant benchmark’.
      1. FBAs will be incorporated in India as a company that will maintain a minimum net worth of Rs 1 crore.
    3. Researchers from discovered two (one male and female) new species of tortoise In Yazali area of Lower Subansiri district of Arunachal Pradesh, called Manouria impressa (Impressed Tortoises) because of ‘impressive’ orange-brown to dark brown patches on its carapace. India now has 29 species of non-marine chelonians and 5 tortoises.
    4. Prasanta Kumar Saikia Appointed as Chairperson of Lokayukta in Arunachal Pradesh.
    5. Amit Agarwal (Former Amazon India head) has been appointed as new chairman of Internet and Mobile Association of India (IAMAI).
    6. Health insurer Max Bupa partnered with fintech platform MobiKwik to promote Micro health insurance products for MobiKwik customers.
    7. Indian Olympic Association president Narinder Batra has been elected as a member of the International Olympic Committee.
    8. Beekeeping Development Committee (BDC) under Economic Advisory Council to Prime Minister (EAC-PM) headed by Bibek Debroy  submitted its report about ways to advance beekeeping in India.
      1. Recommendations include Recognizing honeybees as inputs to agriculture and considering landless beekeepers as farmers. Institutionalizing National Bee Board and rename it as Honey and Pollinators Board of India.
    9. Cabinet Committee on Economic Affairs approved strategic disinvestment of Air India & its five subsidiaries.
    10. June 27 - International MSME Day. 2019 Theme is Big Money For Small Business: Financing the SDGs. On this occasion, Ministry of Micro Small and Medium Enterprises organized an international  convention with theme “Indian MSMEs, Global Aspirations” in New Delhi.
    11. Government constituted a Working Group for revision of current series of Wholesale Price Index (Base 2011-12). It is headed by Niti Aayog Member Ramesh Chand. It has 17 other members. Its Terms of Reference Include -
      1. To select most appropriate Base Year for preparation of a new official series of Index Numbers of Wholesale Price (WPI) and Producer Price Index (PPI) in India.
      2. To decide on the computational methodology to be adopted for monthly WPI/PPI.
      3. It may recommend roadmap for switch over from WPI to PPI.
  5. June 26, 2019
    1. A Memorandum of Agreement (MoA) signed between Ministry of Shipping and Indian Institute of Technology Kharagpur (IIT Kharagpur) for setting up Centre for Inland and Coastal Maritime Technology (CICMT), under Sagarmala Programme (government initiative aimed at enhancing performance of India’s logistics sector).
      1. CICMT will provide technological support, testing, research and experimentation facility to agencies involved in inland water transport, shipbuilding, ports etc.
    2. Ministry of Road Transport and Highways (MoRTH) will modify format of driving licenses to smart card type driving licences, to follow a standardised format nationwide. This move will also help curb issue of fake licenses, to some extent. Desired changes to Pan India Licence format will be implemented through MoRTH’s flagship application called SARATHI.
    3. Indian Finance and Corporate Affairs Minister Nirmala Sitharaman named in 100 Most Influential in UK-India Relations : Celebrating Women list. List also includes several other priminent names such as Penny Mordaunt (Britain’s Secretary of State for Defence) and Ruchi Ghanashyam (Indian High Commissioner to UK).
    4. Parliamentary Assembly of Council of Europe voted for restoring Russia’s voting rights, 5 years after they were revoked over its illegal annexation of Crimean Peninsula (in 2014).
      1. Russia had responded by boycotting assembly and since 2017, Russia also refused to pay its share of 33 million Euros.
    5. Govt. appointed Arvind Kumar as Director of Intelligence Bureau (IB) for 2 years, succeeding Rajiv Jain. Govt also appointed Samant Kumar Goel as Director of Research and Analysis Wing (RAW), for 2 years, succeeding Anil K Dhasmana.
      1. Appointments Committee of the Cabinet (ACC) also approved extension of tenure of Amitabh Kant as CEO of NITI Aayog for 2 years.
    6. Haryana CM Manohar Lal Khattar announced an annual financial health assistance of Rs.5 lakh to loktantra senanis or their spouse for treatment at private / government hospitals. Loktantra Senanis are people who were jailed during 1975-1977 Emergency under preventive detention laws.
      1. Loktantra Senanis are already provided monthly pension of Rs 10,000 by state government and also free travel in Haryana Roadways buses.
    7. June 26 - International Day against Drug Abuse and Illicit Trafficking, Proclaimed by United Nation General Assembly in December 1987 and Observed since 1989. 2019 Theme is Health for Justice. June 26 is also observed as International Day in Support of Victims of Torture.
      1. On This occasion, Thaawarchand Gehlot (Minister of Social Justice & Empowerment) flagged off “17th Run Against Drug Abuse” in New Delhi.
    8. India signed Loan Agreement of $328 Million with World Bank, to help improve quality and responsiveness of public health services in Andhra Pradesh. The Loan will support Government of Andhra Pradesh as it scales-up its efforts to bring better health care to all its citizens.
    9. India signed US$ 250 Million Loan Agreement with World Bank, for Rajasthan State Highways Development Program II Project to build State's capacity to better manage its highways and improve traffic flows on selected highways in State of Rajasthan. 
    10. India signed Loan Agreement of $400 Million with World Bank, to expand coverage and quality of interventions for control of Tuberculosis (TB), to support India’s National Strategic Plan to end TB in India by 2025.
    11. Environment Ministry approved 2 years extension and allowed construction works related to Polavaram Multipurpose Project (Andhra Pradesh). The Project will irrigate nearly 3 lakh ha of land, generate hydel power with installed capacity of 960 MW and provide drinking water facilities to 540 enroute villages covering 25 lakh populations.
    12. India hosted triennial International Seed Testing Association (ISTA) Congress in Hyderabad (Telangana), with First hosting of this conference in Asia. Telangana was chosen as It is India’s major hub of seed production and meets 60% of country’s needs in major crops like rice, soyabean, sorghum, maize, pearl millet and cotton.
    13. As per Nutrition Security Report Prepared by UN World Food Programme in collaboration with the Ministry of Statistics and Programme Implementation, 31.4% of Indian children will be stunted by 2022.
      1. Situation is worst in States like Bihar (48%) and Uttar Pradesh (46%), while its better in Kerala and Goa (20% each).
    14. Government observes anti-Emergency day on 25-26 June every year, to remind people how Emergency was clamped by former Prime Minister Indira Gandhi in 1975.
  6. June 25, 2019
    1. June 25 is observed as International Day of Seafarer (DotS).
    2. European Space Agency (ESA) tested a device called Evacuation System Assembly (or LESA), designed to assist in astronaut rescue missions on surface of Moon, during NASA’s 2024 Moon mission (Artemis Mission). LESA is a pyramid-like structure, designed to be deployed just by a single astronaut in lunar gravity to rescue an incapacitated crew mate.
    3. Japan gifted Manipur state a Museum of Peace built on memories of Battle of Imphal, one of fiercest battles of 2nd World War (WWII ). It has been funded by Japan Based Nippon Foundation.
      1. Battle of Imphal took place in region around city of Imphal from March to July 1944. Japanese Army (Along with Netaji Subhash Chandra Bose Led Indian National Army (Azad Hind Fauj)) invaded India, aiming to destroy Brisith Allied forces, but were driven back into Myanmar.
      2. About 70000 Japanese soldiers, alongside those of Indian National Army (INA) of Subhash Chandra Bose, died in battles with British forces in areas around Imphal and Kohima from March-June 1944. Last of these battles was fought at Red Hill in Imphal.
    4. NASA's Curiosity Rover found largest amount of methane ever measured during its mission on MARS.
      1. Although Methane has been detected by Curiosity many times on Mars, but this time unusually high’ levels of methane - about 21 parts per billion units by volume (ppbv) were reported. 1 ppbv means that if we take a volume of air on Mars then 1 billionth of volume of air is methane.
    5. On Olympic Games’ 125th anniversary, International Olympic Committee (IOC) formally opened its new headquarters in Lausanne, Switzerland. New Olypmic House is built on site of former Olympic headquarters, with 95% of old materials reused / recycled.
    6. Odisha Govt Prepared a unique flood hazard atlas aided by satellite imagery, to help manage floods more efficiently. Atlas is compiled on basis of historic flood inundation captured via satellite imagery over 18 years period from 2001 to 2018.
    7. Birmingham Classic Women's Tennis 2019 (England) -
      1. Singles - Ashleigh Barty (Australia). She Defeated Julia Görges (Germany). After this win, Ashleigh Barty became world No.1 women tennis player.
      2. Doubles - Hsieh Su-wei (Chinese Taipei) AND Barbora Strýcová (Czech Republic)
    8. Novel The New Delhi Conspiracy, written by Meenakshi Lekhi and Krishna Kumar will be released soon.
    9. Veyil Marangal (Trees Under the Sun, directed by Bijukumar Damodaran) became first Indian film to win ‘Outstanding Artistic Achievement’ award at Shanghai International Film Festival (China).
    10. RBI Launched Complaint Management System (CMS), to be used for lodging complaints against banks and NBFCs with a view to improve customer experience in timely redressal of grievances.
    11. RBI advised all Scheduled Commercial Banks to adopt Education Loan Scheme, formulated by Indian Banks Association. It provisions Loan upto Rs 10 lakh for study in India, upto 20 lakh for study abroad and Collateral free loans upto 7.5 Lakh under Credit Guarantee Fund Scheme for Education Loans (CGFSEL). Repayment period of 15 years.
    12. India cancelled $500 million arms deal with Israel for purchase of Spike anti-tank missiles from defence contractor Rafael Advanced Defense Systems, after DRDO claimed that it could deliver an alternative with a partnership with VEM technologies Ltd within two years.
    13. China’s Qu Dongyu elected as new director general of United Nation’s Food and Agriculture Organization (FAO) at Rome (Italy) for 4 years.
    14. 2019 Mallorca Open Women's Title (Spain) -
      1. Singles - Sofia Kenin (United States)
      2. Doubles - Kirsten Flipkens (Belgium) AND Johanna Larsson (Sweden)
    15. Central Public Works Department (CPWD) constituted a seven-member core group Headed by M K Sharma to prepare a roadmap for implementation of a five-year “vision document” (STVD).
    16. As per New Energy Outlook (NEO) report 2019 by Bloomberg NEF -
      1. Wind and solar power will make up almost half of Global electricity system by 2050. Electricity demand will increase 62 %, which will attract $13.3 trillion in new investment, of which wind will take $5.3 trillion and solar will take $4.2 trillion.
      2. Share of coal power will come down from 37 to 12 % by 2050.
    17. NBFC Sundaram Finance Ltd (SFL) will acquire stakes held by BNP Paribas in their two joint venture companies for aprox INR 1000 Crores.
      1. SFL will acquire 49.9 % stake of BNP Paribas in Sundaram BNP Paribas Home Finance limited (SBPHFL) for about Rs.999.66 crores.
      2. SFL will also acquire 49% stake of BNP Paribas Securities Services in Sundaram BNP Paribas Fund Services (SBFS) for about 1.50 crores.
      3. With the acquisitions, both joint ventures would become a wholly owned subsidiary of Sundaram Finance.
    18. NITI Aayog released 2nd Edition of “Healthy States, Progressive India” -
      1. It ranks states and Union territories on their year-on-year incremental change in health outcomes, as well as, their overall performance.
      2. Round II of the report focuses on highlighting overall performance and incremental improvement over 2 year period (2016-17 and 2017-18) in the States and UTs
      3. Ranking is categorized as Larger States, Smaller States and Union Territories (UTs). Health Index is a weighted composite Index based on 23 related indicators.
      4. Among Larger States -
        1. Kerala, Andhra Pradesh & Maharashtra ranked on top in terms of overall performance. While Haryana, Rajasthan and Jharkhand are the top three ranking States in terms of annual incremental performance. 
      5. Among Smaller States -
        1. Mizoram ranked first followed by Manipur on overall performance. Tripura followed by Manipur were top ranked States in terms of annual incremental performance.
      6. Among UTs -
        1. Chandigarh and Dadra and Nagar Haveli ranked on top in terms of overall performance as well as annual incremental performance
  7. June 24, 2019
    1. Larsen and Toubro (L&T) received a mega engineering, procurement and construction (EPC) order from SJVN Thermal Private Limited to set up a 2x660 MW ultra-supercritical power plant in Buxar district (Bihar), worth over 7,000 crores INR.
    2. K Natarajan has been appointed as new Director General (DG) of Indian Coast Guard (ICG), succeeding Rajendra Singh.
    3. India won women’s FIH Series Finals Hockey Tournament by beating hosts Japan.
    4. Mata Vaishno Devi shrine Board (Jammu and Kashmir (J&K)) announced to have its own dedicated in-house disaster response force by September 2020, in association with NDRF.
    5. Rachna Khaira of The Tribune News Service won Noted RedInk Award for Excellence in Indian Journalism. She won ‘Journalist of the Year’ 2019 award for her 2018 expose about functioning of Unique Identification Authority of India (UIDAI) and its Aadhaar data cache.
      1. Her Investigation confirmed that personal data of millions of citizens was at risk of being hacked/traded for a price. She is currently working for The Huffington Post.
      2. RedInk Awards for Excellence in Indian Journalism were instituted The Mumbai Press Club in 2010.
    6. Bollywood actor Anupam Kher's autobiography titled-‘Lessons Life Taught Me Unknowingly’ will release in August 2019.
    7. Jaipur Foot Korea, a collaborative initiative between South Korea and Jaipur-based prosthetic limb non-profit organisation Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has been Launched.
      1. Jaipur Foot is a lightweight and durable prosthetic limb/artificial limb. It is a rubber-based prosthetic leg for people with below-knee amputations.
    8. Russia extended ban on food products being imported from European Union (EU) until end of 2020, as continuation of Russia’s s retaliation against sanctions over Ukraine.
      1. In 2014, after international sanctions imposed over Russia for its annexation of Crimea and support of east Ukraine’s separatists, Russia imposed counter sanctions on most food imports from European Union, US and several other countries.
    9. Cash-strapped Pakistan secured financial assistance in form of a bailout package of $3 billion from Qatar, during Qatar’s Emir Sheikh Tamim bin Hamad visit to Pakistan. Recently, Pakistan also reached a preliminary agreement with International Monetary Fund (IMF) for $6 billion bailout package.
    10. UAE become first Gulf country to launch 'goAML', a new anti money laundering reporting platform developed by United Nations Office on Drugs and Crime to curb organised crimes. All financial entities and Designated Non Financial Businesses or Professions have to register on 'goAML'. Platform will help Financial Intelligence Unit of UAE to prevent money laundering, financing of terrorism and other illicit financial activities.
  8. June 23, 2019
    1. 2nd edition of India International Mega Trade fair (IIMTF) held at Bidhannagar (Salt Lake) city in Kolkata, as Kolkata’s largest and most popular retail event.
    2. June 23 - United Nations Public Service Day, proclaimed in 2003.
      1. June 23 is also observed as International Olympics Day and UN International Widows' Day.
    3. National Small Industries Corporation  signed MoU with  Common Service Centres (CSC)  e-Governance Services India for enhancing new offerins  for MSME sector by synergizing each others' competence. MoU will also enable CSCs  to utilize plethora of  NSIC offerings through the NSIC portal (
    4. Indian Coast Guard (ICG) will open a recruitment centre in Uttarakhand, as fifth ICG recruitment centre (Other 4 in Noida, Mumbai, Chennai and Kolkata).
    5. India Signed a $147 Million Loan Agreement with World Bank for improving basic urban services in Jharkhand and improve management capacity of urban local bodies (ULBs) in State.
    6. India signed $31.58 million Loan Agreement with World Bank Uttarakhand Public Financial Management Strengthening Project, that will help improve State’s ability to manage its Financial Systems and lead to Better Utilization of Development Resources.
    7. Pranati Nayak of India won bronze medal in vault event held at Senior Asian Artistic Gymnastics Championships 2019 in Ulaanbaatar (Mongolia). China’s Yu Linmin won gold and Japan’s Ayaka Sakaguchi won silver at event.
    8. Halle Open Men's Tennis 2019 -
      1. Singles - Roger Federer (Switzerland). He defeated David Goffin (Belgium). Roger Federer won Halle Open title for 10th time.
      2. Doubles - Raven Klaasen (South Afric) AND Michael Venus (New Zealand).
    9. North East Institute of Science and Technology (CSIR-NEIST) Assam Scientists developed a chemical process that can produce carbon quantum dots (CQDs) from cheap, abundant, low-quality and high-sulphur coals.
      1. CQDs are carbon-based nanomaterials with size under 10 nm, used as diagnostic tools for bio-imaging (especially detecting cancer cells). It can be produced at much lesser cost than imported CQDs with market price of up to 2,000 per ml
    10. Raghvendra Singh Chauhan appointed as Chief Justicee of Telangana High Court. Also, V Ramasubramanian appointed appointed as Chief Justice of Himachal Pradesh High Court.
    11. Mercedes Racer Lewis Hamilton (UK) won French Grand Prix 2019 -
      1. Formula 1 Season 2019 -
        1. Round Grand Prix Winner date
          1 Australian Grand Prix Valtteri Bottas (Finland) 17 March
          2 Bahrain Grand Prix Lewis Hamilton (UK) 31 March
          3 Chinese Grand Prix Lewis Hamilton (UK) 14 April
          4 Azerbaijan Grand Prix Valtteri Bottas (Finland) 28 April
          5 Spanish Grand Prix Lewis Hamilton (UK) 12 May
          6 Monaco Grand Prix Lewis Hamilton (UK) 26 May
          7 Canadian Grand Prix Lewis Hamilton (UK) 9 June
          8 French Grand Prix Lewis Hamilton (UK) 23 June
          9 Austrian Grand Prix   30 June
          10 British Grand Prix   14 July
          11 German Grand Prix   28 July
          12 Hungarian Grand Prix   4 August
          13 Belgian Grand Prix   1 September
          14 Italian Grand Prix   8 September
          15 Singapore Grand Prix   22 September
          16 Russian Grand Prix   29 September
          17 Japanese Grand Prix   13 October
          18 Mexican Grand Prix   27 October
          19 United States Grand Prix   3 November
          20 Brazilian Grand Prix   17 November
          21 Abu Dhabi Grand Prix   1 December
  9. June 22, 2019
    1. National Thermal Power Corporation Limited (NTPC) and Power Grid Corporation of India (PGCIL) signed agreement to set up a Joint Venture namedNational Electricity Distribution Company Limited (NEDCL). NEDCL will undertake distribution of electricity in circles in various states / UTs and other related activities.
      1. Separation of content and carriage businesses will make power distribution sector more competitive by bringing more competition with more than one power supplier.
    2. Merger of Induslnd Bank and Bharat Financial Inclusion Ltd (BFIL) will be effective from 4 July 2019, as per an order by National Company Law Tribunal (NCLT).
      1. The Merger process began in october 2018, with IndusInd Bank deciding to acquire leading micro-finance player BFIL, earlier known as SKS Microfinance.
      2. After merger, current CEO of BFIL, M R Rao, will become CEO of IndusInd Financial Inclusion Ltd (IFIL).
    3. Capital markets regulator SEBI has set up a panel, to review current framework of margins in the futures and options (F&O) derivative segment, headed by National Stock Exchange (NSE) Clearing Ltd. It will submit its recommendations to Secondary Market Advisory Committee.
    4. Indian Author Amish Tripathi named as the director of London’s Nehru Centre, under Indian Council for Cultural Relations (ICCR).
      1. London’s Nehru Centre was established in 1992, to promote cultural exchange between India and UK.
    5. Non military air strike conducted by Indian Air Force (IAF) on a terrorist training camp in Balakot (Pakistan) on 26 February 2019 was code-named Operation Bandar (Monkey).
      1. The name was inspired by the word monkey having a cultural significance in India as as in Ramayana, where Lord Hanuman sneaked into Lanka and destroyed entire capital city of Ravana.
      2. Balakot Air Strike was in response to Pulwama terror attack which killed 40 CRPF personnel.
      3. 12 IAF Mirage-2000 fighter jets struck on JeM training camp in in Balakot town, killing over 200 Militants.
    6. Gurgaon-based logistics start-up Rivigo launched National Freight Index (NFI), as a barometer of road freight market in India. It will provide live spot rates on more than 7 million lane and vehicle type combinations in India. The Index is needed as There are high rate of inefficiencies in existing freight market, which leads to a great loss of value.
    7. Environment Minister Prakash Javadekar stated that India’s forest cover has increased by 1% in last one year period and, with over 24.39% of India’s area now having green cover.
    8. Yoga guru Baba Ramdev wrote his autobiography titled- ‘My Life, My Mission’. It has been co-authored with journalist Uday Mahurkar. It will be released soon.
    9. Bihar Government banned felling of trees in different cities of Bihar, under Forest Conservation Act (FCA) 1980.
      1. FCA 1980 Act was enacted for providing higher level of protection to forests and regulate diversion of forest lands for non forestry purposes. It makes Prior permission of Government essential for Diversion of forest land for for non-forestry purposes.
    10. Mohamed Ould Ghazouani Became First Elected President of Mauritania (Northwest Africa). Mauritania went to polls for first time since gaining independence from France 60 years ago. After independence, it was mostly ruled by Non-elected military governments.
    11. India's First -art Central Command Centre for Air Traffic Flow Management (C-ATFM) launched in New Delhi, which will optimise utilisation of resources such as airspace and aircraft at capacity-constrained Indian airports.
      1. C-ATFM It processes demand and capacity information along with static information about airports, airspaces and air routes and provides decision-making tools to ATFM flow manager for collaborative decision making and ensure regulated flow of traffic.
    12. Nepalese Embassy in New Delhi ruled that Nepalese nationals will be required to have visa if they are entering India from Pakistan, China, Hong Kong and Macau.
      1. An open boarder allows Nepalese nationals an easy entry into India and some of whom subsequently travel to Gulf countries for work. As per rule, Nepal citizens entering India directly from Nepal do not require passport/Visa, but must have an identity card.
      2. Now it has also been made mandatory to require NOC to enter Gulf countries via India, amid security concerns.
    13. Author Vinit Goenka released his new co-authored book titled ‘Function of Data Sovereignty: The Pursuit of Supremacy’.
  10. June 21, 2019
    1. Intersessional meeting of Kimberley Process (KP) hosted by India in Mumbai.
      1. India is one of founder members of the Kimberley Process Certification Scheme and is Chair of Kimberley Process for 2019 with Russia as Vice Chair. Alok Vardhan Chaturvedi (Director General in Directorate General of Foreign Trade) is designated as KP Chair 2019.
      2. Kimberley Process is a joint initiative involving Government, international diamond industry and civil society to stem flow of Conflict Diamonds. Conflict Diamonds means rough diamonds used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments. KPCS has 55 members from 82 countries.
    2. June 21 - UN International Yoga Day, being Observed Since 2015.
      1. 2019 Theme is Yoga for Climate Action, stipulated by UN. India declared 2019 Yoga Day Theme as "Yoga for Heart". UN International Yoga day was proposed by India.
      2. Ministry of AYUSH has launched “yoga locator” app, to locate yoga events and centers providing training and instructor within users range. It allows Yoga instructor to register themselves and reach out to users.
      3. Main yoga day event was held at Prabhat Tara ground, Ranchi, Jharkhand.
      4. PM’s Awards for Outstanding Contribution for Promotion and Development of Yoga 2019 -
        1. Individual (National) - Swami Rajarshi Muni of Life Mission (Gujarat)
        2. Individual (International) -Antonietta Rozzi (Italy)
        3. Organisation (National) - Bihar School of Yoga (Munger)
        4. Organisation (International) - Japan Yoga Niketan (Japan)
      5. Ministry of Information and Broadcasting (I&B) instituted new award called Antarashtriya Yoga Diwas Media Samman (AYDMS) -
        1. It will recognise contribution made by media in spreading awareness about Yoga and for promotion and commemoration of International Yoga Day.
        2. Media campaigns on yoga from 10 June to 25 June coverage will be considered for International Yoga Day Awards.
        3. Total 33 awards will be given to media houses including 11 each for print media, TV and radio channels for excellent coverage given to Yoga. Sammans will conferred in all 22 Indian languages (mentioned in Schedule 8 of constitution) and English.
    3. Reserve Bank of India (RBI) Deputy Governor Viral Acharya resigned from his position, 6 months before scheduled end of his term.
    4. Mexico became first country to approve replacing 25 year old trade deal North American Free Trade Agreement (NAFTA) , with new trade deal named as United States-Mexico-Canada Agreement (USMCA).
      1. USMCA (NAFTA 2.0) has been modified to include changes for automakers, stricter labor and environmental standards, intellectual property protections, and digital trade provisions.
      2. US, Canada and Mexico signed the deal in November 2018.
    5. According to report by World Health Organization (WHO), Four countries from Asia (China, Iran, Malaysia and Timor-Leste) and one country from Central America (El Salvador) were malaria-free in 2018. The report confirmed that world is on a track to reach malaria elimination by 2020.
      1. India had 4 % of global maleria cases in 2018. Nigeria had most (25 per cent) followed by Democratic Republic of Congo (11 %).
    6. First phase of Kaleshwaram Lift Irrigation Project (KLIP) inaugurated. The Project is worth INR 80,190 crores (expected to rise to 1,00,000 crore on completion).
      1. This project is designed to sort out issues of drinking water in state and also irrigation to dried up areas. About 225 thousand million cubic feet (TMC) of water will be drawn through this project through Godavari river basin. It is expected to irrigate 18.24 lakh acres of land with 165 TMC of water, provide 56 TMC of drinking water and supply another 10 TMC for industrial purposes.
      2. It is constructed by Megha Engineering and Infrastructure Limited (MEIL). The project is touted as world’s biggest multi-purpose lift irrigation project in terms of Capacity.
      3. It was originally called Pranahita-Chevella project, and Later Renamed to KLIP.
      4. The biggest lift schemes in world, till date, are Colorado lift scheme in America and Great Manmade River in Egypt.
    7. Bangladesh’s first iron ore mine discovered at Isanpur village in Dinajpur. At depth of 1,750 feet, a 400-foot thick iron layer was discovered and it is extended over an area of 6-10 square kilometers. Percentage of iron is 60, higher in quality that other iron ore mines globally.
    8. National Accreditation Board for Certification Bodies (NABCB), India’s national accreditation body, secured international equivalence by Asia Pacific Accreditation Cooperation, for its accreditation programme based on international standard ISO/IEC 17024.
      1. With this, NABCB hopes to facilitate export of Indian services and skills into world market by attesting that persons are certified following international standards by certifying bodies.
    9. Government Appointed Shefali Juneja as India’s representative in Council of International Civil Aviation Organisation (ICAO), for 3 years.
      1. ICAO is a United Nations agency, tasked with regulating international air travel. ICAO was established in 1944 by Convention on International Civil Aviation (Chicago Convention). It is headquartered in Quartier International of Montreal (Canada).
    10. Property consultant Knight Frank's Active Capital 2019 Report -
      1. India was assigned 20th rank among top capital importing countries. In terms of outbound cross-border investments, it was ranked 30th.
      2. Cross-border capital flows into commercial real estate in India were $2.6 billion and outbound cross-border investments were $0.7 billion, between first quarter of 2018 and first quarter of 2019.
      3. Globally, US is top capital importing country with investment of $80.89 billion, followed by Canada ($50.41 billion), Germany ($24.50 billion).
    11. Observations Made on June 21 -
      1. International Yoga Day (Described Separately).
      2. World Music Day. 2019 Theme is Music at the intersections.
      3. Summer Solstice day. Summer Solstice is longest day of year which marks official start of summer season in Northern hemisphere.
      4. World Hydrography Day, Proclaimed by International Hydrographic Organization in 2005. 2019 theme is “Hydrographic information driving marine knowledge”.
    12. National Payments Corporation of India (NPCI) signed agreement with Telangana Government to offer payment options like UPI Collect Request, RuPay Debit and Credit Cards to users of ‘MeeSeva’ portal of Telangana Government. Meeseva offers 150 government services.
    13. As per Ericsson Mobility Repor, India has highest data usage per smartphone in World, with Monthly data usage being 9.8 gigabytes (GB) in 2018.
    14. Saudi Arabia became first Arab country to be granted full membership of Financial Action Task Force (FATF). FATF now has 39 full members. FATF aims to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
    15. NASA's robot named Bumble became first Astrobee robot to fly under its own power in space. Astrobee is a free-flying robot system that will help researchers test new technologies in zero gravity and perform routine work alongside astronauts aboard International Space Station.
    16. Indian IT firm Tech Mahindra signed multi-year contract with American Aircraft Manufacturer Airbus for cabin and cargo design engineering. It aims to capitalise on specialised skills and competencies in growing cabin engineering business.
    17. Competition Commission of India (CCI) approved merger of Indiabulls Housing Finance and Lakshmi Vilas Bank, in a share swap deal. After merger, Indiabulls Housing Finance will get Long sought entry into Banking Space.
  11. June 20, 2019
    1. General Conferences (Jun 11 - 20, 2019) -
      1. 5th meeting of the Governing Council of NITI Aayog held under chairmanship of PM Narendra Modi in New Delhi.
      2. Assam Govt. launched Assam State Transport Corporation’s (ASTC) Chalo app for Guwahati, to help travellers track their buses accurately. Assam became first state in India to have a state-wide smart transport solution and common mobility card for its commuters.
      3. 48th Director General (DG)-level talks of Border Security Force (BSF) of India and Border Guard Bangladesh (BGB) held in Dhaka (Bangladesh).
      4. 2nd Meeting of India-Italy Joint Working Group (JWG) on Counter Terrorism held in New Delhi.
      5. On Occasion of Student Visa Day (June 12), American Embassy launched an app named “Education USA” to help Indian students who wish to study in the US.
      6. 20th Meeting of Financial Stability and Development Council (FSDC) held in New Delhi, under Chairmanship of Minister of Finance and Corporate Affairs Nirmala Sitharaman.
      7. To mark 150th birth anniversary of M K Gandhi, Indian Embassy organized ‘Gandhi Cycle Rally for Peace’, in Saudi Arabia.
      8. 12th session of Conference of States Parties to Convention to Rights of Persons with Disabilities (CRPD) 2019 held at UN headquarters in New York (USA).
      9. Maritime Information Sharing Workshop 2019 (MISW 2019) hosted by Indian Navy under the aegis of the Information Fusion Centre-Indian Ocean Region (IFC-IOR) in Gurugram (Haryana).
      10. Indian Navy's first Naval Air Squadron 550 celebrated its Diamond Jubilee at naval base Kochi after Completing 60 glorious years of service to nation.
      11. 3rd edition of Thai film extravaganza event named Namaste Thailand Film Festival held in Delhi. It celebrates Thai Culture’s Diversity.
    2. Visits From India (Jun 11 - 20, 2019)
      1. Prime Minister Narendra Modi Visited Maldives and Sri Lanka -
        1. Maldives -
          1. 6 MoUs were signed -
            1. Cooperation in Hydrography, Health, Customs Capacity Building.
            2. Technical Agreement on Sharing White Shipping Information between Navies.
            3. MoU on Training and Capacity Building Programme for Maldivian Civil Servants. India’s National Center for Good Governance (NCGG) will take on capacity building (training) of 1,000 civil servants of Maldives over next five years.
            4. Etablishment of Passenger and Cargo Services by Sea.
          2. Maldives conferred ‘Nishan Izzuddin’ award on PM Narendra Modi, the highest award to honour foreign nationals.
        2. Sri Lanka -
          1. Sri Lankan President Maithripala Sirisena gifted Indian PM Narendra Modi a Samadhi Buddha statue.
    3. 2019 Bucheon International Fantastic Film Festival (BIFAN) will be held in Bucheon City (South Korea), as 23rd edition of this festival which is known as a Mecca of film culture.
      1. 4 Indian movies Gully Boy (directed by Zoya Akhtar), Andhadhun (directed by Sriram Raghavan), Manikarnika: The Queen of Jhansi (directed by Radha Krishna Jagarlamudi (Krish)) and a Tamil movie, Super Deluxe (directed by Thiagarajan Kumararaja) will be screened at the festival.
    4. Visits to India (Jun 11 - 20, 2019) -
      1. Deputy Prime Minister of Russia, Yury Trutnev Visited India.
    5. June 20 - UN World Refugee Day, Proclaimed by United Nations General Assembly in Dec 2000. 2019 Theme is Step With Refugees — Take A Step on World Refugee Day.
      1. As per UNHCR (United Nations High Commissioner for Refugees) annual Global Trends report, almost 70.8 million people are forcibly displaced in 2018, most since World War II. About 4 million Venezuelans and more than 1.5 million Ethiopians were largest displaced population in 2018.
    6. Indian Coast Guard (ICG) co-hosted 12th Capacity Building workshop with Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC).
      1. ReCAAP is first regional Government-to-Government agreement to deal with piracy and armed robbery at sea in Asia, with 20 Member countries.
    7. Lucknow Development Authority (UP) constructed a road using plastic waste, as First Such Move in India, aimed at sustainable re-use of Plastic Waste.
    8. World Helath Organization Launched a new tool AWaRe (Access, Watch and Reserve), to contain rising antimicrobial resistance and make antibiotic use safer and more effective. It antibiotics into three groups -
      1. Access specifies which antibiotics to use for the most common and serious infections.
      2. Watch specifies which ones should be available at all times in the healthcare system.
      3. Reserve are those that must be used sparingly or preserved and used only as a last resort.
    9. Unemployed youth having graduation degree will be given unemployment allowance by Rajasthan government. Male applicants will get Rs 3,000/month, while women and differently-abled will get Rs 3,500 / month under Chief Minister Yuva Sambal Yojana, applicable from February 2019. Applicants must be natives of Rajasthan and amount will be given for 2 years or until they get employed.
    10. Government will set up 51 new incubators for startups in information and communications technology space across India as part of its Technology Incubation and Development of Entrepreneurs (Tide) 2.0 scheme. Scheme has categorized selection of incubators into three categories: Group 1 Centre (G1C), G2C, and G3C.
    11. RBI has Put Rs 1 crore Penalty on HDFC Bank, pertaining to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency.
    12. U K Sinha Led panel on Micro, Small and Medium Enterprises (MSMEs) submitted its report to RBI Governor Shaktikanta Das, with long-term measures for the economic and financial sustainability of MSME sector.
      1. Suggestions Include doubling collateral-free loans for MSMEs to Rs 20 lakh from Rs 10 lakh, also applicable to Micro Units Development and Refinance Agency (MUDRA) and Self-Help Groups (SHGs).
        1. Currently, MSMEs can get collateral-free loans under two mechanisms - based on the RBI’s 2010 circular and on Credit Guarantee Fund (CGF). RBI’s 2010 circular prescribes a limit of Rs 10 lakh and CGF provides collateral-free loans up to Rs 2 crore.
      2. Committee suggested creating a stressed asset fund of Rs 5,000 crore to protect MSME sector from distress caused by external circumstances. It also recommended a government-sponsored ‘fund of funds’ of Rs 10,000 crore to support venture capital and private equity firms investing in the MSME sector on modified term sheets developed by SIDBI. 
    13. Facebook formally announced its 'Libra' cryptocurrency project, aiming to make moving money around world as easy.
      1. Libra cryptocurrency will be stored in a digital wallet called ‘Calibra', enabling users to send and receive money through messages.
      2. Libra will be accessible to anyone with an entry-level smartphone and data connectivity. It will be Managed by secifically formed Libra Association.
      3. Libra will be backed by a reserve made to keep its value stable.
    14. QS World University Rankings’ 2020 -
      1. About India -
        1. IIT Bombay named best-ranked Indian institute, with 152nd position Globally. It has has improved its rank by 10 moving up places from 2018 ranking. There are 23 educational institutions from India which featured in top 1000.
        2. OP Jindal Global University based in Sonipat is the only new entrant in this years’ list.
        3. IIT-Delhi is 2nd-best ranking institute from India (182nd). IISc Bangalore lost 14 places in this year ranking (184th).
      2. Global Top 5 -
        1. Massachusetts Institute of Technology (USA), At top for 8th consecutive year.
        2. Stanford University (USA)
        3. Harvard University (USA)
        4. University of Oxford (UK)
        5. California Institute of Technology (USA)
    15. Uttar Pradesh cabinet approved formation of Gorakhpur Zoological Park with cost of INR 182 crores, to be called Ashfaqullah Zoological Park.
      1. Also, Umbrella Act was also approved to bring 27 Private universities across state under one Act.
      2. State cabinet approved the formation of education tribunal, to help resolve disputes in education sector.
    16. Indian Navy issued Expression of Interest(s) for shortlisting potential Strategic Partners (SPs) for Construction of six Conventional Submarines for P-75(I) Project, costing Approx 45000 Crores.
      1. This is 2nd project being undertaken under latest Strategic Partnership (SP) Model, with first being procurement of 111 Naval Utility Helicopters (NUH). This would provide a major boost to the indigenous design and construction capability of submarines in India.
      2. SPs in collaboration with OEMs will set up manufacturing lines for these submarines in India and make India global hub for submarine production.
    17. Economic Advisory Council to the Prime Minister (Headed by Bibek Debroy) released note titled ‘GDP estimation in India- Perspectives and Facts’. It provides clear rationale for India’s switch to an improved GDP estimation methodology in January 2015.
      1. New methodology uses 2011-12 as base year and includes two major improvements - Incorporation of MCA 21 database and Incorporation of Recommendations of System of National Accounts (SNA) 2008.
      2. The note Rejects Points noted in recently published paper titled India’s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications’ by Arvind Subramanian, which said that India’s GDP was over-estimated post 2011-12.
      3. Note says that India’s GDP estimation methodology is not a perfect exercise and Ministry of Statistics and Program Implementation is working to improve its accuracy. However, as of now, India’s GDP estimation methodology is at par with its global standing.
  12. June 19, 2019
    1. June 19 is observed as World Sickle Cell Day, to raise public awareness about sickle cell disease and its treatment methods. It was proclaimed by United Nations General Assembly in 2008.
      1. Sickle Cell Disease is a commonly occurring genetic disease. It is an inherited genetic abnormality of hemoglobin (oxygen-carrying protein found in red blood cells) due to which red blood cells (RBCs) causes stuck in small blood vessels and are unable to carry adequate amount of oxygen throughout body.
      2. June 19 is also observed as International Day for the Elimination of Sexual Violence in Conflict.
    2. Securities and Exchange Board of India (SEBI) allowed stock exchanges with Commodity Derivative Segment (CDS) to introduce futures on commodity indices, to will facilitate mutual fund and institutional participation in commodity exchanges.
      1. Stock exchanges are required take prior approval from SEBI to launch such contracts.
      2. Constituent futures contracts should be in existence on the respective exchanges for at least the previous twelve months and they should have been traded at least 90% of trading days during previous twelve months, with average daily turnover during previous 12 months at Rs 75 crore for agricultural and agri-processed commodities and Rs 500 crore for all other commodities.
    3. As per Data by Fisheries Department, India is 2nd largest fish producing country in world after China, with 6.3 % of global fish production. Fisheries sector registers a 7 percent growth rate, sustaining 1.45 Crore fishermen.
    4. Maharashtra Government presented interim budget for the financial year 2019-20 with a revenue deficit of INR 20,292.94 crores, higher than 2018 deficit of INR 14,960.04 crores. -
      1. Estimated revenue expenditure is INR 3,34,933 crores, against receipts of 3,14,640.12 crores.
      2. Insurance cover will be provisioned for all people in state (5.5 crores), under Gopinath Munde Shetkari Apghat Vima Yojana which will be expanded with outlay of Rs 210 crores.
      3. Aid for Sanjay Gandhi Niradhar Yojana and Shravan Bal Yojana is raised from Rs 600 to Rs 1,000.
      4. A widow with one child will get aid of Rs 1,100 per month and those with two kids will get Rs 1,200 per month.
      5. Project Chullah-free and smoke-free Maharashtra will be launched by Government of Maharashtra, aimed at providing smoke-free environment in kitchen for women.
    5. Punjab Government will launch its flagship universal health insurance scheme named “Sarbat Sehat Bima Yojana (SSBY)” from July 2019. It will provide health cover of 5 lakh per family to over 44 Lakh Families.
      1. Out of the beneficiary familiesm in Punjab, 14.86 lakh families will be covered under Pradhan Mantri Jan Arogya Yojana (PM JAY), in which costs for families covered will be borne by Centre and state government in 60:40 ratio. For rest of beneficiaries, it would be borne by state government under SSBY.
    6. Ireland Government will ban sale of new petrol and diesel vehicles by 2030, to combat greenhouse gas emissions and protect environment. This is one of 180 measures of Irish government published in its Climate Action Plan. Government would stop granting National Car Test (NCT) certificates to Petrol / Diesel vehicles by 2045.
    7. Indian Government's Think-Tank proposed sale of only electric vehicles should in country after 2030. Niti Aayog earlier suggested sale of only electric-powered three-wheelers and two-wheelers with engine capacity of up to 150 cc, from 2025. Niti Aayaog has also proposed local manufacturing of 50 GWh batteries by 2030.
      1. An Earlier Report jointly Prepared by NITI Aayog and Rocky Mountain Institute, India can save 64% of anticipated passenger road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric, and connected mobility future.
      2. To boost the Electric Cause, Ministry of Road Transport and Highways initiated providing differential registration fees  under Central Motor Vehicles Rules 1989. Ministry  proposed exempting Battery Operated Vehicles  from payment of registration fees.
    8. Indian Navy deployed Ships INS Chennai and Sunayna in Gulf of Oman, Under Operation Sankalp. It aimed to re-assure Indian Flagged Vessels transiting through Persian Gulf and Gulf of Oman, after some incidents in region.
    9. Indian Railways signed MoU with RailTel Enterprises Limited (REL), a subsidiary of RailTel Corporation of India, to upgrade its signalling system on 4 busiest sections - Renigunta-Yerraguntla (South Central Railway), Vizianagaram-Palasa (East Coast Railway), Jhansi-Bina (North Central Railway) and Nagpur-Badnera (Central Railway). Estimated cost is Rs 1,609 crore and it is expected to complete in 24 months.
    10. 2nd Edition of US Green Building Council (USGBC) list of India’s top states with maximum number of Leadership in Energy and Environmental Design (LEED) certified green buildings -
      1. Maharashtra ranked the top slot with 334 LEED-certified green buildings, followed by Karnataka and Tamil Nadu with 232 and 157 buildings respectively.
    11. Microsoft owned GitHub acquired US based start-up Pull Panda, a firm that creates code review tools for the platform for an undisclosed sum.
    12. 5th Conference on Interaction and Confidence Building Measures in Asia (CICA) Summit 2019 held in Dushanbe (Tajikistan), with theme Shared Vision for a Secure and More Prosperous CICA Region.
      1. External Affairs Minister Jaishankar Represented India. India is a member of CICA since 1999.
  13. June 18, 2019
    1. National Health Authority (NHA) and ICICI Foundation signed MoU to train 15,000 state and district personnel and Pradhan Mantri Arogya Mitras to provide delivery of health services under Ayushman Bharat Scheme over 1 year.
    2. As per Asian Development Bank (ADB) Report, Bangladesh emerged as fastest growing economy among 45 countries of Asia-Pacific region. In FY year 2018-19, Bangladesh attained growth rate of 7.9 %, as its fastest rate since 1974. It is predicted to be 8% in FY 2019-20.
    3. Controller General of Patents, Designs and Trade Marks (CGPDTM) granted Geographical Indication (GI) tag for Kolhapuris, the ethnic leather chappal (footwear) to four districts in each state of Maharashtra and Karnataka. Districts are- Kolhapur, Sangli, Solapur and Satara districts of Maharashtra and Belgaum, Dharwad, Bagalkot and Bijapur districts of Karnataka.
      1. These sturdy leather chappals are hand-crafted and tanned using vegetable dyes and the art of making them is passed down one generation to another.
      2. Getting GI tag will open large markets, both domestic and international to artisans who produce Kolhapuris.
    4. Department of Telecom (DoT) approved levying of penalty on Bharti Airtel and Vodafone Idea for denial of interconnection to Reliance Jio Infocomm, when Jio entered market in 2016.
      1. DoT asked Telecom Regulatory authority of India (TRAI) to review penalty amount worth INR 3050 crores, considering financial stress in telecom sector.
      2. In October 2016, TRAI recommended fine for Airtel and Vodafone amounting to INR 1050 crore each and for Idea it was 950 crores. New Merged Entity Vodafone-Idea will have to bear combined burden.
    5. Himachal Pradesh (HP) government made it compulsory for trekkers to carry a GPS (Global Positioning System) device, to provide all possible help in case of any emergency.
    6. According to Randstad Employer Brand Research (REBR), e-commerce Firm Amazon India is rated India’s most ‘attractive employer brand, followed by Microsoft, Sony, Mercedes-Benz and IBM.
    7. June 18 is observed as Sustainable Gastronomy Day, proclaimed in December 2016 by United Nations General Assembly. Gastronomy is study of relationship between food and culture and commitment to sustainability implies responsibility for production and consumption of food.
      1. June 18 is also observed as Autistic Pride Day.
    8. Ministry of Road Transport and Highways (MoRTH) removed requirement of minimum educational qualification (class 8th pass) for transport vehicle drivers in country, which is stiulated under Central Motor Vehicle Rules 1989. This will benefit skilled persons in economically backward areas and will open up employment opportunities for large number of unemployed youth.
    9. Global internet body Internet Corporation for Assigned Names and Numbers (ICANN) and Indian apex body for IT industry NASSCOM (National Association of Software and Services Companies) collaborated for developing standards and identifier technology that will feed into global consultation for managing Internet-of-Things (IoT) devices and infrastructure using internet.
      1. Collaboration will provide a structure for both bodies to jointly identify research projects, predominantly in new technologies related to internet’s system of unique identifiers.
    10. Government approved Defence Ministry's proposal for restoration of ‘ration in kind’ to military officers stationed in peace areas.
      1. In July 2017, government revoked free ration to officers in kind facility, giving a certain allowance instead. This was a recommendation of 7th Central Pay Commission (CPC). This restoration came after efforts from all levels in Defence Ministry and Armed Forces.
    11. India extended $15 Million financial support to Africann Nation Niger, for organising African Union (AU) summit in July 2019 in Niamey (Capital of Niger). The support extended by India was in response to a specific request by Niger government.
    12. Indian engineer Nitesh Kumar Jangir named among 15 Awardees (from 53 member-countries of Commonwealth) of 2019 Commonwealth Secretary-General’s Innovation for Sustainable Development Award in London (UK).
      1. He won in People category, for creating a low-cost breathing support device called ‘Saans’ for premature babies.
      2. Saans is a breathing support device used for tackling avoidable deaths of premature babies from Neonatal Respiratory Distress Syndrome (RDS). It is world’s 1st neonatal Continuous Positive Airway Pressure (CPAP) device. It can be powered in multiple ways Including electricity, vehicle’s electrical supply, rechargeable battery, compressed gas, or even a manual air pumping.
    13. Sri Lanka’s first ever satellite ‘Raavana-1’, successfully placed into orbit from International Space Station (ISS) along with two other BIRDS 3 satellites from Japan and Nepal.
      1. Raavana-1 was sent to International Space Station in April 17, through assistance of Cygnus-1 spacecraft from US. It was deployed to Oerbit using JAXA (Japanese Aerospace and Exploration Agency) owned Kibo experiment module.
      2. It was designed and developed by two Sri Lankan engineers - Tharindu Dayaratne and Dulani Chamika.
    14. According to United Nations report ‘World Population Prospects 2019’, India will surpass China as world’s most populous country by 2027.
      1. World population is projected to increase by another 2 billion people by 2050, to 9.7 billion. More than 50% increase will be concentrated in 9 countries - India, Pakistan, US, Nigeria, Democratic Republic of Congo (DRC), Ethiopia, Egypt, Tanzania, and Indonesia.
      2. Indian population is expected to increase by 27.3 crores by 2050. In 2019, population of India is 1.37 billion and China is at 1.43 billion.
      3. Between 2019 and 2050, nearly 55 countries are estimated to face population shrinking by at least 1%.
    15. India signed agreements with Bangladesh and South Korea to broadcast DD (Doordarshan) India channel in two countries and their state channels will be shown on DD Free Dish in India. Bangladesh's BTV World and South Korea's KBS World channels will be available for Indian viewers.
    16. MoU is signed between Dr. Ambedkar International Centre (DAIC) Ministry of Social Justice and Empowerment and Dalit Indian Chamber of Commerce and Industry (DICCI).
      1. Aim of MoU is empowerment of SC and ST communities through research on Dalit entrepreneurship, empowerment, skill development capacity building among SC/ST.
  14. June 17, 2019
    1. 50th edition of World Archery Championships 2019 held in S–Hertogenbosch (the Netherlands). Indian medalists -
      Event Winners Medal
      Women’s compound team Raj Kaur, Muskan Kirar, Jyothi Surekha Vennam Bronze
      Women’s Compound individual event Jyothi Surekha Vennam Bronze
      Recurve men’s team Atanu Das, Pravin Ramesh Jadhav,Tarundeep Rai Silver
      1. South Korea topped medal tally with 3 gold, 2 Silver, 3 Bronze. Chinese Taipei second with 3 Gold,1 Bronze.
      2. Indian men’s archery team secured Olympic quota for 2020 Tokyo Games by entering into quarterfinals of World Championships. After 2012 London Olympics, this is first time that Indian men could secure a team quota.
    2. June 17 - World Day to Combat Desertification and Drought (WDCDD), proclaimed in Jan 1995 by United Nations General Assembly.
    3. Very Severe Cyclonic Storm Vayu struck Saurashtra Peninsula, as third tropical depression, third cyclonic storm and second very severe cyclonic storm of 2019 North Indian Ocean cyclone season, and first to form in Arabian Sea.
    4. Om Birla (BJP MP from Kot-Boondi in Rajasthan) elected as Lok Sabha Speaker for 17th Lok Sabha.
      1. He replaced Virendra Kumar who was appointed as Pro-tem Speaker of Newly Elected 17th Lok Sabha.
    5. IRDAI hiked Third Party motor insurance premium for small and medium private cars by 12-12.5% for 2019-20. TP premium for two-wheelers and heavy vehicles was also increased. Two-wheelers with engine capacities between 150cc and 350cc witnessed the highest percentage increase at 21.11%.
    6. According to report on internet trends by venture capitalist Mary Meeker, India ranks second by witnessing 12% world internet users (close to 455 million). China leads with 21% of global internet users while U.S (United States) placed third with 8%. Total internet users are approx 3.88 billion.
    7. Venezuelan government will issue new banknotes due to rising hyperinflation which has eroded Its currency’s value. Central bank of Venezuela will release new Banknotes of 10,000, 20,000 and 50,000 bolivar denominations.
      1. It is aimed at countering hyperinflationary situation that reached more than 1.3 million percent and strengthen payment system and commercial transactions in country.
      2. Highest bill in circulation was 500 bolivar note before this announcement. Largest denominations banknotes of 50,000 bolivars are worth about Rs.560 ($8) which is more than minimum wage of 40,000 bolivars.
    8. Periodic Labour Force Survey (PLFS) data by National Sample Survey Office (NSSO) reported that female labour force declined in India in 2017-18. Bottom 5 Nations with lowest female labour force participation in 2017-18 -
      1. Yemen (6%), Syria (12 %), Iraq (12.4 %), Jordan (14.1 %), Algeria (14.9 %)
      2. In India, 3 out of 4 women over age of 15 in India were neither working nor seeking work. Bihar had lowest rate of female workforce participation whereas southern and eastern states did better.
    9. Defence minister Rajnath Singh constituted a committee to work out methodology for next revision of pensions to over 25 lakh ex-servicemen and widows under OROP (one rank, one pension) scheme. Committee is headed by Controller General of Defence Accounts (Sanjiv Mittal Currently), and will submit its report in a month.
    10. Government constituted a committee headed by economist Kirit Parikh, To review existing marketing structure of Liquefied Petroleum Gas (LPG) in India, as an effort to bring in more private players.
    11. Securities and Exchange Board of India (SEBI) released a discussion paper for informant mechanism related to insider trading. Proposed amendments to SEBI (Prohibition of Insider Trading) Regulations 2015 are aimed at providing confidentiality and safeguards.
      1. It proposes monetary reward up to Rs 1 crore for genuine whistleblowers, or 10 % of Involved amount (whichever is less). It would be in the case where money disgorged is at least Rs 5 crores.
      2. Informant will be required to fill a Voluntary Information Disclosure Form (VIDF) which must include credible information.
      3. SEBI suggested to set up Office of Informant Protection (OIP) which will act as a medium of exchange between informant and board.
  15. June 16, 2019
    1. June 16 - International Day of Family Remittances (IDFR). June 16, 2019 is also observed as Father's Day 2019. It is observed on 3rd Sunday of June.
    2. Central India's First Sikh Museum Inauguarted in Raipur (Chhattisgarh), named Shri Guru Teg Bahadur Sikh Museum.
    3. Central American Nation El Salvador recognized forests as living entities. Its citizens will now be required to preserve forests and respect them as more than just property.
    4. RBI imposed penalty Rs 11.25 lakh on two prepaid payment instrument (PPI) issuers Yes Bank and ZipCash, for non-compliance with regulatory norms.
    5. IDBI Bank and Health Insurer Max Bupa signed Bancassurance corporate agency agreement. Under this, Bank will Promote Insurer's products to its 2 crore customers. IDBI bank also signed similar bancassurance agreement with Tata AIG General Insurance Company.
    6. Three Indian-origin persons (Purushottam Sawrikar, Makhan Singh Khangure and Vijay Kumar) have been awarded Australia's highest civilian honour for their contributions in field of medicine and work towards community.
    7. Yashovardhan Birla (Chairman of Yash Birla group) has been declared a ‘wilful defaulter’ by UCO Bank, after defaulting on loans of Rs 67.65 crores. Wilful default occurs if any unit defaults in meeting its payment / repayment obligations to the lender even when it has the capacity to honour said obligations.
      1. As per Govt Data, number of wilful defaulters in nationalised banks increased by over 60% to 8,582 in five years to March 2019.
    8. For the first time, Researchers at Ohio State University (US) created high-resolution maps of points around the globe where groundwater meets oceans, giving important data points to help protect drinking water and seas. Study found that nearly half of fresh submarine groundwater discharge flows into ocean near tropics.
    9. Researchers discovered 2 new species of tweezer-beaked hopping rats or ‘shrew-rats on mountains in Philippines’ island of Luzon. The new species are named Rhynchostylis labo (Labo shrew-rat) and Rhynchostylis mingan (Mingan shrew-rat ).
    10. As per Crisil report, overall non-performing assets (NPAs) declined atto 9.3% in March 2019, compared to 11.5% in March 2018. The decline is supported by RBI’s asset quality review and also with enactment of the bankruptcy law for resolving cases.
    11. Imports from Pakistan to India declined by 92% in March 2019 to $2.84 million due to imposition of 200% customs duties on all products after Pulwama terror attack.
      1. India hiked customs duty to 200% on all goods imported from Pakistan, in February 2019 after Pulwama terror attack. It had also revoked MFN (Most Favoured Nation) status which was given to Pakistan in 1996.
    12. India’s trade deficit expanded to a six-month high of $15.4 billion in May 2019, with import growth outpacing export growth. Exports grew 3.93% in May, while imports rose 4.31%.
    13. Election Commission of India declared Meghalaya's National People’s Party as a national party, making it first Political party from north-eastern to get National Status.
      1. NPP was given this status after fulfilling several conditions, Including getting over 6% of total votes in last general elections and being recognised as a State party in at least four States. NPP is recognised as a State party in Arunachal Pradesh, Manipur, Meghalaya and Nagaland.
    14. Max Life Insurance Company launched a unique proprietary tool named ‘My Protection Quotient’ (MyPQ) to ensure financial protection in country. The tool helps consumers to measure their preparedness for their life stage goals and gives protection against unplanned eventualities of life. Final output is quotient reflected on a scale of 100, giving idea about status of financial protection of an Individual.
    15. RBI relaxed regulations for Basic Savings Bank Deposit (BSBD) Accounts (also called no-frills accounts)
      1. Now, BSBD account holders will get a cheque book and certain minimum facilities, free of charge by the bank. Previously, additional facilities for these accounts attracted requirement of maintaining a minimum balance and other charges.
    16. For first time ever India will be hosting 14th session of Conference of Parties (COP-14) of United Nations Convention to Combat Desertification (UNCCD) in September 2019, to address issue of land degradation and desertification.
    17. China’s Zhong Huijuan, who founded Hansoh Pharmaceutical in 1995, became Asia’s wealthiest self-made woman with a $10.5-billion fortune, according to Bloomberg.
    18. Two Indian women featured on IT firm IBM’s list honouring 40 women in Artificial Intelligence (AI) from 15 different countries. The list includes Harmeen Mehta (Chief Information Officer of Bharti Airtel) and Seema Gaur (IFFCO).
    19. Bihar Government launched Mukhyamantri Vriddha Pension Yojna for poor people above 60 years of age, effective from April 2019. Under this, Poor people above 60 years age will get Rs 400 per month and those above 80 years age will get INR 500 per month.
      1. Bihar Cabinet also approved proposal seeking provisions to punish children who abandon their elderly parents, including jail time.
    20. Bank of Baroda (BoB) and Edelweiss Group's ECL Finance partnered to explore co-lending opportunities to MSME, self-employed and priority sector groups.
  16. June 15, 2019
    1. Asian Development Bank (ADB) approved a project worth INR 1650 crores to develop infrastructure in seven districts of Tripura - Khowai, Ambassa, Dharmnagar, Kailashahar, Udaipur, Bishramganj and Belonia.
    2. Assam government will set up a Skill University at Darrang district, with cost INR 850 crores and capacity of 10 thousand seats.
    3.  June 15 is observed as World Elder Abuse Awareness Day. It is also observed as Global Wind Day.
    4. Jammu and Kashmir Bank came under purview of Right to Information Act and Central Vigilance Commission (CVC) guidelines, to ensure greater transparency and accountability.
    5. HDFC sold over 4.22% stake in housing finance subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for INR 899.43 crores.
    6. Revised Income Tax guidelines came into effect, aimed at making strict decision against tax invaders.
      1. Under revised guidelines, those indulging in serious offences under black money and benami laws will not be able to get away just by paying a penalty. Earlier, taxpayers were able to settle cases of tax evasion earlier by just paying the tax demand, penalty and interest.
      2. Offences under serious criminal cases of money laundering, terror financing, corruption, possession of benami propertiesand undisclosed foreign assets will be generally non-compoundable (will not be written-off). CBDT has listed 13 cases where the offences are not to be generally compounded.
      3. Finance Minister will be sole authority to relax the guidelines in a deserving case.
      4. Offences under Sections 275A, 275B and 276 of Act will not be compounded. New guidelines supersede those issued in 2014.
    7. India imposed higher tariffs on 28 American goods including almonds, apples and walnut in retaliation to recent high tariffs put by US on variouS Indian Products. India is expected to get about $220 million of additional revenue from new tarriffs on items imported from US.
      1. The trade war was triggered by US announcing higher duties on Indian steel and aluminium in 2018.
      2. India decided to levy higher tariffs following USA’s withdrawal of $5.6 billion trade concessions given to India by US under Generalised System of Preferences (GSP) programme, which benefits Indian Exports.
    8. Bengaluru Based NSO Akshaya Patra has been awarded BBC (British Broadcasting Corporation) World Service Global Champion Award for being one of world’s largest school meals projects.
      1. Akshaya Patra Foundation was founded by Madhu Pandit Dasa in 2000. Since establishment, it is running mid-day meal programme across India. Today it feeds 1.75 million children all over India with freshly prepared meals.
    9. English-born Singaporean Billiarda Player Peter Gilchrist defeated India’s Sourav Kothari to win 2019 Pacific International Billiards Championship, in Melbourne (Australia).
      1. Earlier in same week, Sourav Kothari earlier became First Indian to win a Triple Crown event by winning Pacific International Snooker Championship. He defeated Tyson Crinis of Australia.
    10. RBI asked banks to ensure their ATMs are grouted to a structure preferably wall, pillar, or floor by End of September 2019, to enhance security.
      1. This is one of recommendations made by panel formed In October 2016, under D K Mohanty. The Committee on Currency Movement (CCM) was tasked to review entire gamut of security of treasure in transit.
    11. Suman Rao from Rajasthan won Femina Miss India World 2019 beauty pageant, in ceremony held in Mumbai. Suman has become 56th winner of Miss India Title. Suman will represent India at Miss World 2019 in in Thailand in December 2019. Other Titles -
      1. Shivani Jadhav - Miss Grand India 2019.
      2. Shreya Shanker - Miss India United Continents 2019.
      3. Sanjana Vij - Miss India Runner Up 2019.
    12. 2019 marks 20th anniversary of victory in Operation Vijay, known as ‘Kargil War’. It will be observed Between July 25 - 27, 2019 with Theme Remember, Rejoice and Renew. A ‘Wreath Memorial Ceremony’ will be organised at ‘Kargil War Memorial’ in Dras on Kargil Vijay Diwas (26 July 2019) to honour brave-hearts who laid down their lives during ‘Operation VIJAY’.
    13. Denmark’s Inger Andersen appointed as new Executive Director (ED) of United Nations Environment Programme (UNEP), for 4 years term.
    14. Armies of India and Myanmar held 3-week-long coordinated operation in their respective border areas called ‘Operation Sunrise 2’ to bust terror camps in Manipur, Nagaland and Assam. This was the 2nd edition of Operation Sunrise.
    15. World Food India 2019 will be held in November 2019 in New Delhi, as biggest gathering of all global and domestic stakeholders in Food Processing Sector. Tagline of event will be “Forging Partnerships for Growth”.
    16. RK Singh, Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship attended G20 Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth being in Karuizawa (Japan). G20 Summit 2019 is to be held in Japan in Osaka in End of June 2019.
    17. Bengaluru based digital lending startup ZestMoney, in partnership with Digit Insurance announced to offer EMI (Equated Monthly Installment) insurance to company’s five million customers. It will relieve its customers of debt in case of unforeseen circumstances, as Policy will cover EMI cost in cases of hospitalization, death or permanent disability.
    18. Export-Import Bank of India (Exim Bank) will provide Line of Credit (LoC) worth $150 million to Ghana and $95 million to Mozambique for agricultural and railway projects.
    19. 57 Indian companies Named in Forbes' world’s 2,000 largest public companies List -
      1. At the top of Indian Companies in List, is Reliance Industries (71st Overall).
      2. Industrial and Commercial Bank of China (ICBC) is at top of list for 7th year in a row.
      3. American Express topped in consumer financial sector.
      4. 575 companies are from US, most for any nation. US is followed by China and Hong Kong (309) and Japan (223).
    20. American multinational private equity Firm Blackstone will accquire 100 % Stake in India's Aadhar Housing Finance, by making fresh infusion of 800 crores and buying 17% stake held by World Bank arm IFC for about 400-500 crores.
      1. The deal values Aadhar HFC at around Rs 2,700 crores, with assets around 10,000 crores, and a network of 316 branches.
      2. Blackstone’s Total INR 3,500 crore investment comes in as a confidence booster for troubled Indian NBFC space, which has been hit by a liquidity crunch following the IL&FS crisis.
  17. June 14, 2019
    1. 19th Shanghai Cooperation Organisation (SCO) summit held in Bishkek (capital of Kyrgyzstan).
      1. Prime Minister Narendra Modi Attended on India's Behalf. He also held bilateral meetings with Russia and China on sidelines of SCO summit. Several Agreements Were signed between India and Kyrgyzstan during this visit -
        1. India announced $ 200 million line of credit forKyrgyzstan, for several developmental projects.
        2. MOUs signed for Cooeration between -
          1. National Security, Health, Biomedical Research, Defence, Information and Communication Technology, Legal Metrology.
          2. Cooperation between Export-Import Bank of India and Investment Promotion and Protection Agency of Kyrgyzstan.
          3. Cooperation between Research and Information System for Developing Countries (RIS) of India and National Institute of Strategic Studies (NISS) of Kyrgyz Republic
          4. Cooperation between Y. S. Parmar University of Horticulture and Forestry, Himachal Pradesh and Kyrgyz National Agrarian University (KNAU).
        3. Road map on Trade and Economic Cooperation between the Republic of India and the Kyrgyz Republic for the Five-Year period (2019-2024).
        4. Bilateral Investment Treaty (BIT) between India and the Kyrgyz Republic.
        5. Protocol to Amend Article 26 of India-Kyrgyzstan Double Taxation Avoidance Agreement (DTAA).
      2. Chinese President Xi Jinping was conferred with highest national award of Kyrgyzstan titled Manas Order of the First Degree.
      3. Next SCO Summit (20th) will be hosted by Chelyabinsk (Russia) in 2020.
      4. Founding members of Shanghai Cooperation Organisation (SCO) are China, Russia, Kazakhstan, Kyrgyzstan and Tajikistan. India and Pakistan officially joined in 2017. Uzbekistan Joined in 2001
    2. 16th Asia Media Summit 2019 organised in Siem Reap province (Cambodia). It was held under topic Media Digitalization Focusing on Developing Markets. Previous (15th) AMS was hosted by India in 2018.
    3. National Green Tribunal has set up an expert committee to probe whether there is a need for further norms to restrict plastic packaging of food products after a plea has sought a ban on it citing health and environment concerns.
    4. Three Indian-origin techies featured in Forbes list of America’s 80 richest self-made women.
      1. Jayshree Ullal (CEO of computer networking firm Arista Networks) - Ranked 18th with $1.4 billion worth
      2. Neerja Sethi (cofounded IT consulting firm Syntel) - ranked 23rd with $1 billion worth.
      3. Neha Narkhede - Ranked 60th with a net worth of $360 million.
    5. Bancha in Betul district of Madhya Pradesh Became first village in India to have zero wooden stoves and almost no use for LPG cylinders with all its 75 houses relying on solar-powered stoves to meet their cooking needs. Also, Amasebailu in Kundapura Taluk of Udupi district named as Karnataka’s first solar-powered Gram Panchayat.
    6. June 14 - World blood donor day. Host country for World Blood Donor Day 2019 is Rwanda. theme of 2019 WHO campaign is blood donation and universal access to safe blood transfusion.
    7. Haryana government withdrew Economically Backward Persons in General Caste Category (EBPG) reservation stating that it is no more required as central government's Economically Weaker Sections reservation comes into effect.
      1. Parliament had Earlier passed Constitution (124th Amendment) Bill 2019, approving 10 % reservation for economically backward sections in general category in government jobs and academic institutions.
    8. Government removed incentives for export of fresh and chilled onions, to discourage outbound shipments of Onion due to rising prices in domestic market.
      1. Exporters were earlier availing incentives under MEIS at rate of 10 %. In December 2018, government had doubled rate of incentives from 5 to 10 % under this scheme to boost shipments and ensure better returns for farmers.
    9. Government decided to reduce rate of contribution under ESI Act from 6.5% to 4% (employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution beingreducedfrom 1.75% to 0.75%).
      1. Reduced rates will be effective from July 2019, to benefit 3.6 crore employees and 12.85 lakh employers.
      2. Reduced rate of contribution will bring substantial relief to workers and will facilitate further enrollment of workers under ESI scheme and bring more workforce into formal sector.
      3. Also, reduction in contribution of employers will reduce financial liability of employers, enhancing Ease of Doing Business.
      4. Earlier, Government enhanced Wage ceiling from INR 15000 to 21000 per month from July 2017, to expand Social Security Coverage to more and more people.
      5. ESI Act 1948 provides for medical, cash, maternity, disability and dependent benefits to Insured Persons under Act, administered by Employees’ State Insurance Corporation (ESIC).
    10. Directorate General of Training (Ministry of Skill Development and Entrepreneurship) Partnered with Cisco and Accenture to set up a future-ready employability skilling program for ITI students.
      1. Program includes curriculum with modules for digital literacy, career readiness, employability skills and advanced technology skills such as data analytics, and a blended learning model enabled by a combination of online self-learning via Bharat Skills portal, accessible by 15,00,000 students across all ITIs in India.
      2. Initial phase of in-classroom training programme is being rolled out across 227 ITIs in Tamil Nadu, Gujarat, Bihar and Assam, targeting Over 100000 youth.
    11. Sahitya Akademi selected 22 writers for Sahitya Akademi Bal Sahitya Puraskar 2019 and 23 writers for Yuva Puraskar 2019.
      1. 11 books of poetry, 6 of short story, 5 of novel and 1 literary criticism won Sahitya Akademi Yuva Puraskar 2019. It consists a cheque of INR 50000 cash compensation.
      2. Sahitya Akademi Yuva Puraskar 2019 -
        1. Poetry (11) -
          1. Rujab Muchahary (Bodo), Anuj Lugun (Hindi), Sagar Nazir (Kashmiri), Anuja Akathoottu (Malayalam), Jiten Oinamba (Manipuri), Sushil Kumar Shinde (Marathi), Karna Biraha (Nepali), Yuvraj Bhattarai (Sanskrit), Guhiram Kisku (Santali), Kiran Paryani ‘Anmol’ (Sindhi), Sabarinathan (Tamil)
        2. Short Story (5) -
          1. Sanjib Pol Deka (Assamese), Tanuj Solanki (English), Ajay Soni (Gujarati), Hemant Aiya (Konkani), Keerti Parihar (Rajasthani)
        3. Novel (5) -
          1. Moumita (Bengali), Fakeer (Shridhar Banvasi G.C.) (Kannada), Yadwinder Singh Sandhu (Punjabi), Salman Abdus Samad (Urdu), Gaddam Mohan Rao (Telugu)
        4. Literary Criticism (1) -
          1. Sisira Behera (Odia)
      3. Bal Sahitya Puraskar 2019 -
        1. Poetry (5) -
          1. Jharumjhag (Santali) by Lakshman Chandra Saren, Chitva Trinam Trinam (Sanskrit) by Sanjay Chaubey, Chara Ko Chirbir Bhura ko Kirkir (Nepali) by Bhabilal Lamichhane, Shurin Hund Naji (Kashmiri) by Naji Munauwar, Larjaan (Dogri) by Vijay Sharma.
        2. Story (5) –
          1. Science ke Dilchasp Mazameen (Urdu) by Mohammad Khalil, Thatha Maata Varaala Moota (Telugu) by Belagam Bheemeswara Rao, Chitkulya Chinkichye Vishaal Vishwa (Konkani) by Rajashree Bandodkar Karapurkar, Kachu Ki Topi (Hindi) by Govind Sharma, Mili, Amia Aru Ekhon Nadi (Assamese) by Swmim Nasrin.
        3. Folk Tale (1) -
          1. Solobatha Khwnasong De (Bodo) by Lakhminath Brahma
        4. Novels (3) -
          1. Kadu Kanasina Beedige (Kannada) by Chandrakanth Karadalli, Jangal Khajinyacha Shodh (Marathi) by Salim Sardar Mulla, Aliens Di Dharti Te (Punjabi) by Pawan Harchandpuri
        5. History (1) -
          1. India Through Archaeology: Excavating History (English) by Devika Cariapa
        6. Play (1) -
          1. Thawaishinggi Thawai (Manipuri) by R.K. Sanahanbi Chanu
        7. Total Contribution (6) -
          1. Nabanita Debsen (Bengali), Kumarpal Desai (Gujarati), Malayath Appunni (Malayalam), Birendra Kumar Samantray (Odia), Veena Shring (Sindhi), Devi Nachiappan (Tamil)
    12. According to the World Investment Report 2019 released by United Nation Conference on Trade and Development (UNCTAD) -
      1. Foreign Direct Investment (FDI) to India grew by 6 % to USD 42 billion in 2018, ranking India among top 20 host economies for FDI inflows in 2017-18.
      2. Global FDI flows decreased by 13 % in 2018 to USD 1.3 trillion from USD 1.5 trillion in previous year, as 3rd consecutive annual decline.
      3. FDI inflow to South Asia increased 3.5% to $54 billion dollars.
      4. FDI flows to Sri Lanka and Bangladesh rose to record level, to $1.6 billion and $3.6 billion respectively, but Pakistan witnessed a 27% decline in investment to $2.4 billion.
    13. Noted author Amitav Ghosh felicitated with 54th Jnanpith Award for his outstanding contribution to enrichment of Indian Literature in English. Amitav Ghosh is 1st English language writer to become a Jnanpith laureate. He was chosen for this Award in Dec 2018, by Selection chaired by novelist Pratibha Ray.
    14. As per study named The BP Statistical Review of World Energy, by United Kingdom (UK) based energy Firm BP, global carbon emissions grew by 2.0% in 2018, highest rate since 2010-2011.
      1. There is growing mismatch between societal demands for action on climate change and actual pace of progress being made in this domain.
      2. Although the use of renewable forms of energy globally grew by 14.5% in 2018 but it still accounted for just 33% of total rise in power generation in 2018.
      3. Study says it It should not be a race to renewables, but a race to reduce carbon emissions across many fronts.
    15. India extended aid of 1.6 billion Nepalese Rupees (NPR) to Nepal for rebuilding earthquake-hit houses in two district that were most hit.
      1. In February 2016, MoU was signed between India and Nepal for grant worth USD 100 Million to be provided by India, for supporting reconstruction of 50000 private houses in two districts of Himalayan nation namely Nuwakot and Gorkha that were most damaged.
    16. Tata Mutual Fund launched side-pocketing (segregated portfolio) option to set aside its troubled investment in Dewan Housing Finance Limited (DHFL). They are created for 3 schemes - Tata Corporate Bond Fund, Tata Medium Term Fund, and Tata Treasury Advantage Fund.
      1. This is India’s first formal use of side pocketing provisions, introduced by SEBI in December 2018.
      2. Side pocketing -
        1. Its a procedure introduced by SEBI allowing Asset Management Companies (AMCs) to separate out a section of their portfolio corresponding to bad debt held by them.
        2. Investors receive units in segregated portfolio and these units are held separately. No further inflows are allowed into the side-pocketed component of the fund.
        3. Investors can redeem these units when money is recovered from bad debt.
  18. June 13, 2019
    1. Aditya Birla Fashion and Retail Ltd acquired ethnic apparel and lifestyle retailer ‘Jaypore E-Commerce Pvt. Ltd‘ which sells ethnic fashion merchandise under its own brand ‘Jaypore’ for Rs 110 crores.
    2. Sharad Kumar has been named interim Central Vigilance Commisioner until a new incumbent is chosen.
    3. PM Narendra Modi accepted invitation from French President Emmanuel Macron to attend outreach session of the 45th G7 Summit to be held in August 2019 in Biarritz (France), as a special invitee. G7 group of countries are - Canada, France, Germany, Italy, Japan, UK, and USA.
    4. Andhra Pradesh New Cabinet government Took several Key Decisions, headed by CM Y.S. Jagan Mohan Reddy -
      1. Women who send their children to school will receive INR 15000 from 26 January next year.
      2. Will form a commission for development and welfare of farmers.
      3. Will provide interest-free crop loans to farmers, Termed as ‘YSR interest-free loans’.
      4. Will allot housing sites to all eligible people and register sites in name of women. Construction of 2.5 million houses will begin under ‘YSR Housing’ scheme.
      5. State Education Fee Regulatory Commission will be set up to provide quality education with reasonable fees.
    5. ISRO confirmed that Chandrayaan-2 will be launched on July 15, 2019, also releasing first images of the moon lander. 
      1. Chandrayaan-2 is expected to lift off on July 15 from Sriharikota space centre in Andhra Pradesh, aboard GSLV MK-III launch vehicle.
      2. Chandrayaan-2 is a 3.8 ton spacecraft, built at over 600 crores. Cost of launch vehicle GSLV MK III is approx 375 crores.
      3. Chandrayaan-2 will comprise three modules - an orbiter, a lander named Vikram and a rover named Pragyan.  The orbiter will have eight payloads, while the Lander and the Rover will have three and two respectively.
      4. ISRO plans to land Chandrayaan-2 near the South Pole of the Moon, a territory that hasn’t been explored by any other space agency.
      5. Lander is expected to have a mission life of 14 earth days or one lunar day. It will be solar powered.
      6. Chandrayaan 2 is an advanced version of its previous mission- Chandrayaan-1, which was launched in October 2008 and was in operation till August 2009. It is credited with discovery of water on lunar surface.
      7. Image of Chanrayaan - 2 -
      8. ISRO also plans to launch its own space station by 2030, as an extension of Gaganyaan project.
    6. June 13 is observed as International Albinism Awareness Day (IAAD). 2019 Theme is Still Standing Strong.
    7. Save the Children’s 2019 Global Childhood Report comprises Index named End of Childhood -
      1. It evaluates about degree of wellbeing of children, on eight indicators.
      2. India is ranked 113 of 176 countries in List.
      3. Top 5 - Singapore (1), Sweden (2), Finland (3), Norway (4), Slovenia (5)
      4. Bottom 5 - Central African Republic (176), Niger (175), Chad (174), Mali (173), South Sudan (172)
      5. Neighbours - Bangladesh (127), Nepal (134), Pakistan (149), Sri Lanka (56)
    8. Indian Air Force (IAF) Russian Origin AN-32 transport aircraft crashed in Arunachal Pradesh, with no survivors among 13 air warriors onboard. It was missing for over 8 days. Earlier, Between 1986 to 2016, An-32 aircrafts crashed 4 times, killing over 60 air warriors so far.
    9. Indian Navy and Bharat Dynamics Limited (BDL) signed contract worth INR 1187 crores for supply of heavyweight torpedo Varunastra to Indian Navy, within 42 months.
      1. Varunastra is basically a ship-launched, electrically-propelled underwater weapon equipped with one of the most advanced automatic and remote-controlled guidance systems. It uses its own intelligence in tracing the target. It can hit stealth submarines underwater.
    10. NASA's Spitzer space telescope will be retired on January 30, 2020, after 16 years of exploring cosmos in infrared light (11 years beyond its prime mission).
      1. It was launched in January 1983 as Infrared Astronomical Satellite, jointly developed by US, Netherlands, and United Kingdom, to conduct first infrared survey of sky. In 2017, It revealed presence of seven rocky planets around TRAPPIST-1 star.
      2. Spitzer's highly sensitive instruments allow scientists to peer into cosmic regions hidden from optical telescopes.
      3. NASA's James Webb Space Telescope, set to launch in 2021, will study universe in similar wave-lengths as observed by Spitzer.
  19. June 12, 2019
    1. Global Peace Index (GPI) 2019 Report by Institute for Economics and Peace (IEP) -
      1. India ranked 141 among 163 countries in 2019 List, compared to 136 in 2018.
      2. Top 5 - Iceland (1), New Zealand (2), Portugal (3), Austria (4), Denmark (5)
      3. Bottom 5 - Afghanistan (163), Syria (162), South Sudan (161), South Sudan (160), Iraq (159)
      4. Neighbours - China (110), Pakistan (153), Bangladesh (101), Nepal (76), Sri Lanka (72), Bhutan (15)
    2. Cabinet Approvals (June 12, 2019) -
      1. MOUs -
        1. Letter of Intent between India and Costa Rica in field of Biotechnology.
        2. With Bolivia on cooperation regarding Bioceanic Railway Integration Corridor Project.
        3. Finland - Cyber Security.
        4. Russia - Technica Cooperation in Railways.
        5. Thailand - Astronomy / Astrophysics / Atmospheric Science.
        6. Memorandum of Collaboration (MoC) with and Kyrgyzstan for collaborative research work on High Altitude Biology and Medicine.
        7. Kyrgyzstan - Legal Metrology, Health.
      2. General Approvals -
        1. Approved extension of term of Commission to examine issue of Sub-categorization of Other Backward Classes, by two more months i.e. upto 31st July 2019. This is 6th extension to the commission.
          1. To have equitable distribution of benefit amongst OBC Communities, a Commission was set up under article 340 of Constitution to examine issue of sub-categorization within Other Backward Classes in Central list. It is headed by G. Rohini.
        2. Approved ratification of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).
          1. Treaty was signed by Former Finance Minister Arun Jaitley at Paris in June 2017 on behalf of India.
          2.  Multilateral Convention is outcome of OECD / G20 Project to tackle Base Erosion and Profit Shifting (BEPS Project). It provisions tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations.
          3. Convention will modify India's treaties in order to curb revenue loss through treaty abuse and base erosion and profit shifting strategies by ensuring that profits are taxed where substantive economic activities generating the profits are carried out and where value is created.
        3. Approved introducing The Public Premises (Eviction of Unauthorised Occupants) Amendment Bill 2019, aimed at crackdown on unauthorised occupants of residential accommodations in public premises.
          1. It will facilitate speedy eviction of unauthorised occupants from Government residences, and those vacant residences will be available for allotment to eligible persons on maturity of their turn in waiting list. This will decrease the waiting time for availing the facility of residential accommodation.
        4. Approved extension of President's Rule in Jammu and Kashmir for further 6 months with effect from 3rd July 2019, under article 356(4) of Constitution of India.
        5. Approved introduction of New Delhi International Arbitration Centre (NDIAC) Bill 2019 in Parliament, aimed at Making India as hub of International Arbitration.
          1. Bill provides for setting up of an independent an autonomous body for institutional arbitration and to acquire and transfer undertakings of International Centre For Alternative Dispute Resolution (ICADR) to New Delhi International Arbitration Centre (NDIAC).
          2. It replaces New Delhi International Arbitration Centre Ordinance 2019, promulgated by President in March 2019, for creation of an autonomous regime for establishing India as an International Hub of Arbitration.
        6. Approved Muslim Women (Protection of Rights on Marriage) Bill 2019 by replacing Muslim Women (Protection of Rights on Marriage) Second Ordinance 2019.
          1. Bill would ensure gender equality and  gender justice to Muslim women. It would also help in protecting rights of married Muslim women and prevent divorce by practice of ‘talaq-e-biddat’ by their husbands.
        7. Approved introduction of Bill namely The Central Educational Institutions (Reservation in Teachers' Cadre) Bill 2019, aimed at reforms in Education sector by making it inclusive. It will replace The Central Educational Institutions (Reservation in Teachers' Cadre) Ordinance 2019.
          1. It is aimed at ensuring Constitutional rights of SCs/STs/SEBCs and will also ensure 10% reservation to EWS.
          2. It will consider University/ College as one unit restoring earlier reservation system based on 200 point roster. No longer will 'Department / Subject' be treated as one unit. Unit for reservation of posts in direct recruitment in teachers' cadre will be University/Educational Institutions and not the Department.
        8. Approved Introducing The Aadhaar and Other Laws (Amendment) Bill 2019 to replace Aadhaar and Other Laws (Amendment) Ordinance 2019, promulgated by President in March 2019. 
          1. It would enable UIDAI to have a more robust mechanism to serve public interest and restrain misuse of Aadhar.
          2. Subsequent to this amendment, no individual shall be compelled to provide proof of possession of Aadhaar number or undergo authentication for purpose of establishing his identity unless it is so provided by a law made by Parliament. 
          3. Proposed amendments would allow use of Aadhaar as acceptable KYC document under Telegraph Act 1885 and Prevention of Money Laundering Act 2002.
        9. Approved Introduction of The Jammu and Kashmir Reservation (Amendment) Bill 2019, aimed at providing relief to persons in Jammu and Kashmir living in areas adjoining international border.
          1. It will replace The Jammu and Kashmir Reservation (Amendment) Ordinance 2019 by amendments in Jammu and Kashmir Reservation Act 2004 and bringing persons residing in the areas adjoining International Border within the ambit of reservation at par with persons living in areas adjoining Actual Line of Control (ALoC).
        10. Approved Introducing draft Homoeopathy Central Council(Amendment) Bill 2019.  It seeks to extend period for reconstitution of Central Council from existing period of one year to two years so that tenure of the Board of Governors may be extended for a further period of one year with effect from 17th May, 2019.
        11. Approved to introduce a Bill, namely, Special Economic Zones (Amendment) Bill 2019. It will replace Special Economic Zones (Amendment) Ordinance 2019.  As per the amendment, a trust or any entity notified by Government will be eligible to be considered for grant of permission to set up a unit in Special Economic Zones.
        12. Approved Indian Medical Council (Amendment) Bill 2019 to replace Indian Medical Council (Amendment) Second Ordinance 2019. It will ensure transparency, accountability and quality in governance of medical education in country.
          1. It provides for supersession of MCI for 2 years w.e.f. 26.09.2018. Number of members in Board of Governors will be increased from 7 to 12.
        13. Approved introduction of a Bill to amend Dentists Act 1948, to make Dental Council of India more effective. It will help restructure Dental Councils and representation of Government members and elected members would no longer be mandatory in Dental Councils.
    3. Securities and Exchange Board of India (SEBI) issued wider disclosure norms for Credit Rating Agencies (CRAs), amid rising instances of debt defaults and credit rating agencies (CRAs) failing to forewarn investors of deteriorating credit profiles of firms.
      1. Now, CRAs will be required to disclose a matrix on probability of default (PD) for various rated instruments. CRAs will also have to comply with a uniform Standard Operating Procedure (SOP) in respect of tracking and timely recognition of default.
      2. Standardised and uniform PD benchmarks shall be disclosed by CRAs, for ratings of long-term and short-term instruments, on a consolidated basis for all financial instruments rated by a CRA.
    4. Social Network Facebook picked up a minority stake in social-commerce company Meesho, as its first startup investment in India. Bengaluru-based Meesho connects re-sellers to manufacturers to sell goods via social media platforms.
    5. IT Firm HCL will roll out “Tech Bee” programme, to train and hire students who have completed XII thstandard, across several states. This early career programme will provide students an opportunity to start early and become financially independent and trendsetters. Enrolled students will be paid stipend of INR 10000 per month.
    6. According to TRA Research, Dell emerged as most trusted brand in India in 2019, followed by auto brand Jeep. LIC and Amazon are ranked on the third and fourth spots and Apple iPhone emerged as India’s fifth most trusted brand.
    7. Forbes' Highest Paid Atheletes List -
      1. Indian Cricketer Virat Kohli only Indian in Forbes 2019 list of world's highest-paid athletes. He is rakned at 100th spot, down from last year’s 83rd rank. He earned total of $25m in last 12 months, including $21m through endorsements and $4m from salary.
      2. Top 10 Paid Atheletes -
        1. Name


          Country Earnings

          Lionel Messi




          Cristiano Ronaldo








          Canelo Alvarez




          Roger Federer




          Russell Wilson

          American Football

          United States


          Aaron Rodgers

          American Football

          United States


          LeBron James


          United States


          Stephen Curry


          United States


          Kevin Durrant


          United States


      3. American Tennis Player Serena Williams is only woman in list, ranked 63rd with earnings being $29.2m.
    8. June 12 - World Day against Child Labour. 2019 theme is Children should not work in fields but on dreams. It was established by International Labour Organization (ILO) in 2002.
      1. On this occasion, National Consultation Workshop on Standard Operating Procedure (SOP) for Rescue and Rehabilitation of Child Labour was held in New Delhi.
    9. Tribal Affairs Minister Arjun Munda launched e-governance initiatives for ST Welfare schemes, on URL and NGO Grants Online Application & Tracking System ( for bringing in greater e-Governance in implementation of welfare schemes for STs.
      1. In DBT Tribal portal, there are 3 main modules for Pre-Matric & Post-Matric Scholarship - Data Sharing, Communication and Monitoring modules.
      2. The NGO portal, developed for implementing scheme of Aid to Voluntary Organizations working for welfare of STs, has been fully revamped with simplified Application form, Inspection Report and Fund Processing module.
    10. Canada Govt. will ban single-use plastics from 2021, amid global efforts to phase out plastic bags, straws and cutlery clogging oceans.
    11. According 100 Top BrandZ Report 2019 by Kantar, US E-Commerce Firm Amazon became world’s most valuable brand, leaving Behind Google. Brand value of Amazon surged by 52 % to $315 billion.
  20. June 11, 2019
    1. RBI has set up a six-member committee, headed by VG Kannan (Chief Executive of Indian Banks’ Association), to review ATM interchange fee structure, to boost ATM deployment in unbanked areas. Committee will make recommendations on optimal charge fee structure and pattern.
      1. To deal with increased cost of operating ATMs, banks and white-label ATM operators (WLAOs) want RBI to raise ATM interchange fee from 15 to 18 for cash withdrawals and card-to-card fund transfers, and from 5 to 8 for other non-financial transactions.
      2. Number of ATM deployments declined by 544 during FY2020 to stand at 2,21,703 as of March-end 2019.
    2. Researchers at Tribhuvan University and National Geographic Society installed world's highest, fully automated weather stations atop Mount Everest. Total five weather stations, including one at a record height of 27,657 feet, were installed.
    3. Government appointed V.S. Kaumudi as Director General of Bureau of Police Research and Development (BPR&D), lowering the post to the rank of Additional Director General.
    4. Kazakhstan Interim President Kassym-Jomart Tokayev won Presidential elections. Earlier Prez Nursultan Nazarbayev had resigned in March 2019, Presidentship was then transferred to Speaker of Upper House, Kassym-Jomart Tokayev.
    5. India designated as Guest of Honour at 33rd Guadalajara International Book Fair (also called Feria Internacional del Libro de Guadalajara), in Mexico. It will be organised in November - December 2019.
    6. World athletics’ governing body, International Association of Athletics Federations (IAAF) will re-brand itself as World Athletics, operational from October 2019.
    7. 8 year old Indian origin student Nia Tony honoured during 22nd edition of Emirates Recycling Awards in Dubai, United Arab Emirates (UAE). She won in paper section in individual category for collecting a total of 14,914 kg of paper waste.
    8. Bharatiya Janta Party’s (BJP) Virendra Kumar appointed as Pro-tem Speaker of Newly Elected 17th Lok Sabha.
      1. After formation of a new government, a pro tem speaker is selected to chair first meeting after election when Speaker and Deputy Speaker are selected.
    9. Researchers from Delhi University (DU) and Wildlife Institute of India (Uttarakhand) discovered a new species of ‘Paddy Frog’ from Assam.
      1. It is 5th known species of genus Micryletta, while the first was described from island of Sumatra (in Indonesia).
      2. Newly discovered species has been named Aishani, meaning Northeast in Sanskrit.
    10. Social Justice and Empowerment Minister Thawarchand Gehlot has been appointed Leader of Rajya Sabha (Council of States).
    11. Manipur Resident Zonel Sougaijam included in Facebook Hall of Fame 2019 and received Reward of $5000, for detecting a WhatsApp bug that violated privacy of a user. His name is at 16th position in list of 94 people who are included in Facebook Hall of Fame in this year.
      1. The Bug - During a voice call via WhatsApp, bug allowed caller to upgrade it to a video call even without authorisation and knowledge of receiver. This violated privacy of receiver.
    12. Chief Economic Adviser (CEA) Krishnamurthy Subramanian and B. Sriram former (MD and CEO of IDBI Bank) are appointed part-time members of Insolvency and Bankruptcy Board of India (IBBI). IBBI is headed by M. S. Sahoo.
    13. Ministry of Tribal Affairs launched DBT Tribal web portal to expedite releasing scholarship grants directly into bank accounts of beneficiary students. DBT Tribal will provide common platform to states to upload data related to beneficiaries and give feedback.
      1. It is binding on all states / UTs to upload data on this portal in prescribed format, enabling government to monitor beneficiaries and address grievances.
    14. Newly Formed Jal Shakti Ministry has set a target of providing clean drinking water to all by 2024, increasing coverage of piped water to households from current 18 to 100% by 2024.
      1. Per capita availability of water has fallen drastically From 5,000 litre per capita in 1950 to 1400 litre per capita. In states like Uttar Pradesh (UP), Bihar, Chhattisgarh, Jharkhand, Odisha and West Bengal (WB); coverage is less than 5%. It is only in Sikkim that 99% of households get tapped water.
    15. Indian Actress Priyanka Chopra will be awarded Danny Kaye Humanitarian Award by United Nations International Children’s Fund’s (UNICEF), for her contribution to social causes and for being a voice for children’s education. She is a UNICEF Goodwill Ambassador.
    16. DRDO conducted First test of an indigenously developed Hypersonic Technology Demonstrator Vehicle (HSTDV) from Integrated Test Range (ITR) at Abdul Kalam Island off Odisha Coast. HSTDV is an unmanned scramjet demonstration aircraft, designed to cruise at Mach 6 speed with scramjet engine.
    17. Indian Railway Station Development Corporation (IRSDC) partnered with French National Railways (SNCF) & AFD, to support Railway Station Development Program in India. France's AFD will provide financing up to €700,000 to French Railways (SNCF), to provide technical support to IRSDC, the station development arm of Indian Railways.
    18. RBI committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members.
      1. Panel was formed in December 2018 and was supposed to submit its report in April 2019.
      2. Finance Minsirtry advised RBI to transfer surplus funds to central government, stating that buffer of 28% of gross assets maintained by RBI is well above global norm of about 14%. This led to loggerheads between government and RBI, over Rs.9.6 lakh crore surplus capital that RBI keeps with itself.
    19. Cabinet Committee on Security (CCS) appproved setting up of new agency called Defence Space Research Agency (DSRO), tasked with creating space warfare weapon systems and technologies.
      1. DSRO will work in coordination with tri-services Integrated Defence Staff (IDS) officers. DSRA would be providing research and development (R&D) support to Defence Space Agency (DSA) which again comprises of members of tri-services.
    20. Japan agreed to invest an amount of 205.784 billion Yen (approx INR 13000 crores), in several projects in India's North- Eastern States.
    21. June 11 is observed as Green Mizoram Day in Mizoram State.
  21. June 10, 2019
    1. Visits from India (Jun 1 - 10, 2019)
      1. India Foreign Minister Jaishankar Visited Bhutan, as his 1st bilateral visit after taking charge as External Affairs Minister.
      2. Indian Air Force Chief Birender Singh Dhanoa visited Sweden.
    2. General Conferences (Jun 1 - 10, 2019)
      1. 4th Coast Guard Subordinate Officers Conclave 2019 held at ICG Headquarters in New Delhi.
      2. Karnataka government launched Pink Sarathi vehicles for womens safety.
      3. 6th India-China Bilateral Dialogue on Disarmament and Non-Proliferation held in New Delhi. Chinese delegation was led by Fu Cong, Director General, Department of Arms Control of Ministry of Foreign Affairs.
      4. Elephanta Festival of art and culture commenced at Gateway of India in Mumbai (Maharashtra), held annually since 2012 to promote tourism and culture of Mumbai
      5. Ministry of Health and Family Welfare (MoHFW) organized orientation workshop for Population Research Centres (PRCs). MoHFW established 18 PRCs in 17 States / UTs.
      6. Social network Facebook launched its first interactive game show, “Confetti” in India, during Facebook’s Social Entertainment Summit in Mumbai. The interactive game show is exclusive to Facebook's Video Streaming Service Watch.
    3. According to National Council of Applied Economic Research (NCAER), Business confidence index (BCI) of India slipped 9.1 % in fourth quarter of 2018-19.Political Confidence Index (PCI) of businesses increased by 12.1% on a quarterly basis in Q4.
      1. BCI is an indicator of business sentiments across Indian industry segments, compiled by NCAER on the basis of four components.
    4. Fincare Small Finance Bank and Kookmin Bank included in second schedule of Reserve Bank of India Act 1934. Both banks can now broad-base its lines of funding and liquidity facilities.
    5. Estonia, Niger, St. Vincent and the Grenadines, Tunisia, and Vietnam  elected to United Nations Security Council (UNSC) as Non-permanent Members for a 2-year term beginning January 1, 2020.
      1. UNSC has 15 members - 5 permanent (China, France, Russia, UK and US) and 10 non-permanent members who are elected for two-year terms.
    6. RBI announced to set up a foreign exchange trading platform for retail participants, to create a infrastructure that ensures fair pricing for users of foreign exchange like Small and Medium Enterprises (SME) exporters & importers and individuals. It will be available to users from early August 2019. Draft Guidelines were issued in Oct 2017.
      1. Foreign exchange trading platform will enable customer to choose most competitive rate among all banks and buy forex.
      2. Minimum order size would be USD 1000 and thereafter in multiples of USD 500. Maximum order size shall be USD 500,000.
    7. RBI issued new NPA guidelines Prudential framework for resolution of stressed assets to deal with bad loans, as per provisions of Section 35AA of the Banking Regulation Act 1949. Previous circular that was issued by RBI in Feb 2019, was rejected by Supreme Court.
      1. RBI mandated lenders to review accounts within 30 days of default and initiate a resolution plan before default. Its Mandatory to sign inter-creditor agreement (ICA) by all lenders, which will provide for a majority decision making criteria.
      2. Earlier norm of 100 % approval from creditors is also changed. ICA shall now provide any decision agreed by lenders representing 75 % by value of outstanding credit facilities and 60 % of lenders by number shall be binding upon all lenders.
      3. Lenders must resolve over INR 2000 crores NPA account within 180 days.
      4. Lenders will have to make 35 % provisions–first 20 % for 180 days and additional 15 % if no resolution is found within 365 days.
      5. For borrowers with exposure between INR 1500 - 2000 crores, new norms will be applicable from January 1, 2020. Terms for loans up to 1500 crores will be announced shortly.
  22. June 09, 2019
    1. French Open 2019 Tennis Title -
      1. Men's Singles - Rafael Nadal (Spain). He Defeated Dominic Thiem (Austria). It was Nadal's 12th French Open Title and Overall His 18th Grand Slam Title.
      2. Women's Singles - Ashleigh Barty (Australia). She Defeated Markéta Vondroušová (Czech Republic).
      3. Men's Doubles - Germany's Kevin Krawietz AND Andreas Mies. They defeated France's Jérémy Chardy AND Fabrice Martin.
      4. Women's Doubles - Tímea Babos (Hungary) AND Kristina Mladenovic (France). They Defeated China's Duan Yingying AND Zheng Saisai.
      5. Mixed Doubles - Latisha Chan (Chinese Taipei) AND Ivan Dodig (Croatia)
      6. Boys' Singles - Holger Vitus Nødskov Rune (Denmark)
      7. Girls' Singles - Leylah Annie Fernandez (Canada)
    2. India's First Dinosaur Museum-cum-Park Inaugurated at Raiyoli village in Balasinor town of Mahisagar district. It is first such park in India and world’s third park which exhibits remains of various dinosaurs and fossil records.
    3. Paytm Payments Bank had second most value of digital transactions in FY 2019-20, with 501.16 crores worth of Transactions. It is behind only afer SBI in this regard. Paytm payments bank has share of 19% and 32% respectively in terms of mobile banking and UPI transactions. Paytm PB has over 500 crore deposits in savings accounts, largest among payments bank in India.
    4. State Bank of India (SBI) will become first bank to introduce repo-linked home loan products, from July 2019. Any changes in Repo Rate by RBI would be passed on directly to customers.
      1. Home loans up to 75 lakh will be priced at 2.65% over repo rate of 5.75% resulting in the interest rate of 8.40%. At present, SBI offers home loans linked to its MCLR (Marginal Cost of Funds Based Lending Rate) at 8.55%.
      2. SBI also reduced interest rate on Cash Credit Account (CC) and Overdraft (OD) customers with limits above Rs 1 lakh. Now, effective Repo-Linked Lending Rate (RLLR) for CC/ OD customers is 8% whereas for savings deposits above Rs 1 lakh new rate is 3%.
        1. In March, SBI had linked all CC accounts and ODs with limits above 1 lakh to repo rate plus a spread of 2.25%. For account balance above 1 lakh, it had set its savings deposit rates to 2.75% below repo rate.
    5. Barbadian Singer Rihanna named world’s richest female musician by Forbes magazine with an estimated wealth of $600 million. Forbes' Magazine also named American Rapper Jay-Z (real name Sean Carter), as World’s 1st Billionaire Rapper.
    6. India and France will hold Joint Air Exercise Named Garuda, in July 2019 in France.
    7. Prashant Kumar has been Appointed as Acting Chief Justice of Jharkhand High Court, after previous Chief Justice D N Patel was appointed as Chief Justice of Delhi High Court.
    8. New species of dung beetle Anoplotrupes talangensis found in Tawang district of Arunachal Pradesh, measuring up to 27 mm. Dung beetles belong to superfamily Scarabaeoidea and have clubbed antennae and pro-tibiae (pro-legs) modified for burrowing dung inside soil. They are referred to as little recyclers as they help in nutrient cycling of soil.
    9. Army launched online platform named Retired Officers Digital Records Archive (RODRA), at URL, to have a better connection with armed forces veteran officers and family pensioners.
    10. Mercedes Racer Lewis Hamilton (UK) won Canadian Grand Prix 2019.
      1. Although Ferrari’s Sebastian Vettel crossed finish line ahead of Lewis Hamilton, but a five-second penalty for unsafe re-entry during the race dropped Sebastian Vettel into second place.
      2. Formula 1 Season 2019 -
        1. Round Grand Prix Winner date
          1 Australian Grand Prix Valtteri Bottas (Finland) 17 March
          2 Bahrain Grand Prix Lewis Hamilton (UK) 31 March
          3 Chinese Grand Prix Lewis Hamilton (UK) 14 April
          4 Azerbaijan Grand Prix Valtteri Bottas (Finland) 28 April
          5 Spanish Grand Prix Lewis Hamilton (UK) 12 May
          6 Monaco Grand Prix Lewis Hamilton (UK) 26 May
          7 Canadian Grand Prix Lewis Hamilton (UK) 9 June
          8 French Grand Prix   23 June
          9 Austrian Grand Prix   30 June
          10 British Grand Prix   14 July
          11 German Grand Prix   28 July
          12 Hungarian Grand Prix   4 August
          13 Belgian Grand Prix   1 September
          14 Italian Grand Prix   8 September
          15 Singapore Grand Prix   22 September
          16 Russian Grand Prix   29 September
          17 Japanese Grand Prix   13 October
          18 Mexican Grand Prix   27 October
          19 United States Grand Prix   3 November
          20 Brazilian Grand Prix   17 November
          21 Abu Dhabi Grand Prix   1 December
  23. June 08, 2019
    1. Finance minister Nirmala Sitharaman attended meeting of G-20 finance ministers and central bank governors in Fukuoka (Japan).
    2. G20 Ministerial meeting on Trade and Digital Economy held in Japanese city of Tsukuba. Indian delegation was led by Railways & Commerce and Industries Minister Piyush Goyal. G20 Summit 2019 is to be held in End of June 2019 in Osaka (Japan).
    3. 2nd Global Disability Summit held at Buenos Aires (Argentina). India was represented by Minister for Social Justice and Empowerment Thaawarchand Gehlot.
    4. India will hold it’s first-ever simulated space warfare exercise in July 2019, named – IndSpaceEx, as a ‘table-top war-game’.
      1. It aims to understand possible challenges in space warfare and to counter China's growing influence in this domain.
      2. Recently, Under Mission Shakti, India launched a 19-tonne interceptor missile to destroy 740-kg Microsat-R satellite, at an altitude of 283 km in a ‘hit-to-kill mode. With This, China started developing military capabilities in space in terms of both kinetic and non-kinetic (lasers, electromagnetic pulse) weapons.
    5. US approved sale of NASAMS-II Air Defence system to India under its foreign military sales programme, at a cost of over Rs 6,000 crore (about US dollar 1 billion).
      1. NASAMS-II (National Advanced Surface to Air Missile System) is an upgraded version of the NASAMS developed by Raytheon in partnership with KONGSBERG Defence and Aerospace of Norway. 
      2. NASAMS-II is armed with 3D Sentinel radars, short and medium-range missiles, launchers, fire-distribution centres and command and control units to quickly take down multiple airborne threats.
    6. Ministry Of Home Affairs (MHA) amended Foreigners (Tribunals) Order 1964, empowering district magistrates in all States / UTs to set up tribunals to decide whether a person staying illegally in India is a foreigner or not. Earlier, powers to constitute tribunals were vested only with Centre.
    7. June 8 - World Oceans Day. 2019 theme is ‘Gender and the Ocean’. June 8 is also observed as World Brain Tumor Day.
    8. RBI has put penalty of INR 2 crores on Kotak Mahindra Bank for its failure to adhere to RBI’s diktat on promoter shareholding. RBI has been in a dispute with Kotak Mahindra since 2014 over its failure to meet milestone for stake reduction by Its founder Uday Kotak.
      1. Under RBI shareholding norms, Uday Kotak was required to cut his holding to 20 % from 30 % in Kotak Mahindra Bank, by December 31, 2018 and to 15 % by March 2020.
    9. Mumbai Named Most congested globally, ranking first in Traffic Index-2018, compiled by location technology specialist TomTom. Mumbai has congestion level of 65 %. New Delhi ranked fourth. The study covered 403 cities in 56 countries.
    10. Confederation of Indian Industry (CII) launched a Fiscal Performance Index (FPI) to assess state and central budgets. It incorporates qualitative assessments of revenue expenditure, capital expenditure, revenues, fiscal prudence and level of public debt arrive at a more holistic picture of fiscal performance than fiscal deficit to GDP ratio. FPI has been constructed using United Nations Development Programme’s (UNDP) Human Development Index methodology.
    11. Hardeep S Puri, Minister of State (I/C) for Housing & Urban Affairs launched Swachh Survekshan 2020 league, as a quarterly cleanliness assessment of cities / towns in India. It will be integrated with Swachh Survekshan 2020, 5th edition of annual cleanliness survey of urban India to be conducted between January - February 2020 by MoHUA under aegis of Swachh Bharat Mission- Urban (SBM-U).
      1. 1st edition - ‘Swachh Survekshan-2016’ for rating 73 cities was conducted in January 2016, followed by ‘Swachh Survekshan-2017’ conducted in January-February 2017 that ranked 434 cities. 2018 edition anked 4203 cities. 4th edition covered 4237 cities.
      2. In 2016, Mysuru emerged as cleanest city. While Indore has been named cleanest in last three years.
      3. Swachh Survekshan League 2020 (SS League 2020) is introduced to sustain cleanliness performance of cities by continuous monitoring.  SS League 2020 will be conducted in 3 quarters and will have weightage of 2000 marks for each quarter. 
      4. Performance of cities in SS League 2020 will be crucial to their ranking in Swachh Survekshan 2020 due (25% weightage). 
  24. June 07, 2019
    1. RBI Observed Financial Literacy Week Between June 3 - 7, 2019, with Theme Farmers, on how they can benefit by being a part of formal banking system. RBI designed Audio visuals on “Basic Financial Literacy“, “Unified Payments Interface” (UPI) and “Going Digital” for benefit of general public on topics relating to Financial Literacy.
    2. June 7, 2019 observed as First ever World Food Safety Day, with theme - ‘Food Safety, everyone’s business’. It was facilitated in December 2018 by World Health Organisation (WHO) in collaboration with Food and Agriculture Organization (FAO) of United Nations (UN). On this occasion, Health Ministry launched various initiatives, Including -
      1. State Food Safety Index (SFSI), to measure performance of States on five parameters of food safety.
      2. Food adulteration checkin equiments named Raman 1.0 and Food Safety Magic Box.
      3. Eat Right Awards instituted by FSSAI , to recognize contributions made by companies / individuals to empower citizens to choose healthy food options.
    3. United Arab Emirates (UAE) Cabinet adopted a National Strategy for Wellbeing 2031.
      1. It has 2 pronged objectives - To make UAE a world leader in quality of life by undertaking various strategic objectives and initiatives, and To promote an integrated concept of wellbeing, thereby supporting vision of UAE Vision 2021 and UAE Centennial 2071.
      2. 90 new projects will be launched that will target more than 40 priority areas and will improve physical, psychological and digital health of future generations.
      3. An important initiative is development of first National Wellbeing Observatory, which will support policymaking .
    4. Agreement between India and Marshall Islands for Exchange of Information with respect to taxes has been notified. It enables exchange of information, including banking and ownership information, between two countries for tax purposes.
    5. MOU signed between Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) for data exchange, amid increasing need for surveillance in context of Corporate Frauds affecting important sectors of economy. It will enable automated sharing of related information among SEBI and MCA.
    6. International Centre for Automotive Technology (ICAT) released India’s first Type Approval Certificate (TAC) for Bharat Stage - VI (BS – VI) norms for two wheeler segment, to Hero MotoCorp.
      1. Bharat Stage norms are automotive emission norms which automotive manufacturers have to comply to sell their vehicles in India.
      2. To curb growing menace of air pollution, Government decided to leapfrog from exiting BS – IV norms to BS- VI, skipping BS – V norms.
      3. Mandate is to implement BS – VI norms from 1st April 2020.
      4. In 2018, ICAT issued approval for BS –VI norms to Volvo Eicher Commercial Vehicles for Heavy Commercial Vehicle segment.
      5. ICAT is the premier testing and certification agency authorized by Ministry of Road Transport and Highways for providing testing and certification services to vehicle and component manufacturers in India and abroad.
    7. V.O. Chidambaranar Port Trust (Tuticorin and Central Warehousing Corporation (CWC) signed MOU for facilitating Direct Port Entry (DPE) of e-sealed factory stuffed export container tothe port under ‘Ease of Doing Business’. CWC will use 18,357 sqm area earmarked for operating DPE facility for 30 years on Annual Lease Rental basis.
    8. Government reconstituted 8 key cabinet committees. 6 Previous Cabinet sub-committees were also reconstituted and two new ones were formed, to deal with job creation and economic growth.
      1. Home Minister Amit Shah is part of all cabinet committees while P M Modi is part of six committees, excluding Cabinet Committee on Accommodation and Cabinet Committee on Parliamentary Affairs.
      2. Committees includes -
        1. Appointments Committee of Cabinet.
        2. Cabinet Committee on Accommodation
        3. Cabinet Committee on Economic Affairs
        4. Cabinet Committee on Parliamentary Affairs
        5. Cabinet Committee on Political Affairs
        6. Cabinet Committee on Security
        7. 2 New Cabinet Committees -
          1. Cabinet Committee on Investment Growth
          2. Cabinet Committee on Employment and Skill Development
    9. Indian Navy deployed its P8I surveillance planes for carrying out anti-piracy patrol sorties from Salalah (in Oman) to patrol the Gulf of Aden and other piracy prone areas. This is second time in 2019 that the P-8I was operated from Salalah for anti-piracy.
    10. Tijjani Muhammad-Bande (Nigeria’s Ambassador to the United Nations (UN)) has been elected as President of 74th session of the UN General Assembly (UNGA). He will succeed Maria Fernanda Espinosa as President of next General Assembly session that commences in September 2019.
    11. Chaukhandi Stupa, an ancient Buddhist site located in Sarnath, Uttar Pradesh (UP) has been declared as ‘protected area of national importance’ by Archaeological Survey of India (ASI). Chaukhandi StupaName is known as ‘Chaukhandi’ becaause of its four armed plan, originally constructed in 5th Century AD.
    12. India and Portugal will cooperate in setting up of a national maritime heritage museum at ancient Indian site of Lothal in Gujarat, to showcase and preserve India’s rich and diverse maritime heritage.
      1. During Portuguese Defence Minister João Gomes Cravinho visit to India in April 2019, discussions were held for developing maritime museum. A similar museum in Lisbon is administered by Portuguese Navy.
    13. China won 4 gold medals at 2019 ITTF World Tour Hong Kong Open -
      1. Women’s Singles: Wang Yidi (China)
      2. Women’s Doubles - China's Chen Ke and Mu Zi won.
      3. Men’s Singles - Lin Gaoyuan (China).
      4. Men’s Doubles - China's Liang Jingkun and Lin Gaoyuan.
    14. Competition Commission of India approved acquisition of electrical and automation (EA) business of Larsen & Toubro Limited (L&T) by Schneider Electric India Private Limited (Schneider) and MacRitchie Investments Pte. Ltd. (MacRitchie).
      1. Commission found that Schneider and L&T are Top 2 players in low voltage (LV) switchgear industry in India. Their consolidation would make it difficult for new players to enter market. Thus, Commission was agaionst the acquisition of EA business of L&T by Schneider Electric India.
      2. To eliminate competition concerns, Commission ordered Acquirers to reserve a part of L&T’s installed capacity to offer white labelling services to third party competitors. This would be available in respect of five high market share LV switchgears, which are generally used together in LV panels.
  25. June 06, 2019
    1. PM Narendra Modi approved reconstitution of government’s think tank NITI Aayog (National Institution for Transforming India).
      1. Chairman - Narendra Modi (PM)
      2. Vice Chairman - Rajiv Kumar
      3. Full-Time Members – V.K. Saraswat, Ramesh Chand and V.K. Paul
      4. Ex-officio Members - Rajnath Singh (Defence Minister), Amit Shah (Home Affairs Minister), Nirmala Sitharaman (Finance Minister and Corporate Affairs Minister), Narendra Singh Tomar (Rural Development Minister, Panchayati Raj Minister and Agriculture and Farmers Welfare Minister).
    2. New Andhra Pradesh government under CM Y.S. Jagan Mohan Reddy revoked previous governments’ order of barring Central Bureau of Investigation (CBI) from conducting raids in state without state government permission.
      1. Earlier, Telugu Desam Party (TDP) government headed by N. Chandrababu Naidu had withdrawn general consent to CBI for exercising jurisdiction in state.
      2. CBI will now have all powers to take up corruption and other cases in Andhra Pradesh without requiring any state permission.
    3. Thailand Parliament elected Prayuth Chan-ocha as Prime Minister.
    4. American novelist Tayari Jones won 2019 Women’s Prize for Fiction for her fourth novel “An American Marriage“. She won £30,000 and ‘Bessie’, which is a limited edition bronze figurine.
    5. Delhi Metro became first India Project to receive power generated from a waste-to-energy plant, after DMRC started receiving 2 MW power from a 12 MW capacity waste-to-energy plant set up in Ghazipur (Uttar Pradesh). This is being utilised at Vinod Nagar Receiving Sub-station (RSS) for meeting operational requirements of Pink Line of Delhi Metro.
    6. Russia launched first Arctic train service running from St. Petersburg station headed to Norway. Its' Inaugural trial journey will be a 11-day trip with 91 passengers aboard.
      1. Train is named ‘Zarengold’ (means ‘The Tsar’s gold’ in German). Tourists will get off the train at Murmansk (largest city north of Arctic Circle) and will continue by bus to Kirkenes in Norway before ending their journey with a boat trip to Oslo (Norway’s capital) or by air to island of Spitsbergen.
    7. Teenage Swedish climate activist Greta Thunberg (16 year old) won Amnesty International’s ‘Ambassador of Conscience’ Award 2019 for mobilising world public opinion global warming.
      1. She began protesting outside Swedish parliament in August 2018, skipping school every Friday demanding Swedish government take more serious action to tackle climate crisis. Her ‘Fridays for Future’ movement has spread globally with students around world strike from school to participate in climate protests.
    8. Russia’s annual Saint Petersburg International Economic Forum (SPIEF) held in St. Petersburg (Russia’s former imperial capital). Theme for SPIEF 2019 is Creating a Sustainable Development Agenda.
    9. Former US Prez (39th) Jimmy Carter won inaugural George H. W. Bush Award for Statesmanship in recognition of his contributions to relations between U.S. and China, conferred by George H. W. Bush Foundation.
    10. Noted Indian historian Romila Thapar elected as international member of American Philosophical Society (APS). She is renowned for her scholarship on emperor Aśoka, epigraphy of Mauryan period, and ground-breaking studies about contested Hindu and Muslim history of Somnath. She is among 1013 members elected to APS at its spring 2019 meeting.
    11. Sri Lanka National Carrier SriLankan Airlines has been named ‘World’s Most Punctual Airline’ for 2nd consecutive time, by global flight tracker, ‘Flightstats’. SriLankan Airlines Achieved punctuality rating of 90.75% in May 2019, despite challenges caused by heightened security after recent terror attacks in Sri Lanka.
    12. Women Sangams (groups) of Deccan Development Society (DDS) honoured with Equator Prize 2019 by United Nations Development Programme (UNDP) for their contribution to ecology and innovations in rainfed millet cultivation. They became only Indian group to have won 2019 award. They were honored for building their own seed banks and growing millets in predominantly rain-fed villages of Sangareddy district (Telangana).
      1. Equator Prize was established in 2002, with India getting 9 awards so far. It is biennially given by Equator Initiative of UNDP.
    13. Indian Air Force (IAF) signed INR 300 crore deal with Israel’s Rafael Advanced Defense Systems, to procure a batch of SPICE 2000 guided bombs.
      1. IAF used SPICE bombs recently for a non-military, pre-emptive strike on terror group Jaish-e-Mohammed’s (JeM) terrorist training camp in Pakistan’s Balakot region, after JeM carried out suicide attack in pulwama, Killing over 40 CRPF Personnel.
    14. African Union (AU) suspended Sudan until establishment of a civilian-led transition to democracy, ending the stretched bloody crisis.
      1. Since December 2018, Sudan is facing international anger over increasing bread prices and shortages, which then turned into protests against Omar al-Bashir (7th President of Sudan) and culminated in military removing him after a three-decade rule. Military took control of Sudan after ouster of Omar in April 2019.
      2. Widespread violence since then has caused huge amount of casualties.
    15. China launched space rocket named Long March 11 from a mobile launch platform in Yellow Sea off Shandong province (China) for first time. China became 3rd nation after U.S. and Russia to launch satellites into orbit from a floating platform. The rocket carried 2 experimental satellites (named Bufeng-1A and Bufeng-1B) and 5 commercial ones.
    16. June 6 is observed as UN Russian Language Day, established by United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2010. June 6 is also observed as Birth Anniversary of Legendary Mewar Ruler Maharana Pratap.
  26. June 05, 2019
    1. RBI Second Bi-monthly Monetary Policy Review 2019-20 -
      1. 6 member RBI Monetary Policy Committee (MPC) is led by RBI Governor Shaktikanta Das.
      2. RBI cuts Repo Rate by 25 bps, also changing other monetary policy metrices.
      3. RBI revises GDP growth for year 2020 downwards to 7 % from 7.2 % projected earlier.
      4. Minimum Liquidity Ratio for Domestic Systemically Important Banks (DSIBs) to be 4 %. For other banks, Minimum Liquidity Ratio shall be 3.5 %. 
      5. Current Monetary Policy Rates -
        1. Repo Rate - 5.75 %
        2. Reverse Repo - 5.50 %
        3. Bank Rate - 6 %
        4. CRR (Cash Reserve Ratio) - 4 %
        5. SLR (Statutory Liquidity ratio) - 19 % (RBI decided to reduce SLR from to 18.0% in six quarterly instalments beginning January 2019)
        6. Marginal Standing Facility (MSF) Rate - 6 %
    2. June 5 - World Environment Day, designated by United Nation General Assembly (UNGA) in 1972. It was first celebrated in 1974. Theme for World Environment Day 2019 is ‘Beat Air Pollution’, chosen by this year’s host, China.
      1. Ministry of Environment, Forest & Climate Change (MoEFCC) launched song ‘Hawa Aane De’ to spread awareness about Air pollution. It is written by Swanand Kirkire.
      2. Gujarat CM Vijay Rupani launched world’s first Emission Trading Scheme (ETS) for Particulate Matter(PM) to reduce air pollution. It is aimed to reduce particulate pollutants PM2.5 and PM10 and incentivize the industrial units which cap their emissions.
        • Gujarat Pollution Control Board (GPCB) will set a limit or cap on amount of a pollutant that can be emitted by industrial units.
        • The permits are traded like any other commodity on National Commodity and Derivatives Exchange Limited (NCDEX).
        • Buyer has to pay a charge for polluting whereas the seller will be rewarded for reduced emissions. The scheme was initiated in Surat by GPCB.
        • It will be implemented across 350 industrial units in the city in a phased manner, with around 160 units in the first phase.
        • At present, the government has set a cap on concentration of emissions for each industrial unit at 150 microgramme per cubic metre (ug/m3). It is the 24-hour average for emission standard set by the Central government for industrial units.
      3. On this occasion, Nagaland’s scenic Dzükou Valley became Plastic Free Zone.
      4. On eve of World Environment Day, Environment Minister Prakash Javadekar launched a people’s campaign called #SelfiewithSapling, urging people to advocate the cause on social media.
    3. Asian Development Bank (ADB) and Multilateral Investment Guarantee Agency (MIGA), political risk insurance arm of World Bank Group, agreed to expand Development Finance in Asia and Pacific to increase flow of private sector investment.
    4. Karur Vysya Bank partnered with Centrum Wealth Management Ltd to form private limited Joint Venture (JV) to provide wealth management services to its clients. KVB will hold 51% of share capital, Centrum will hold 45% and 4% will be held by JV’s Staff.
    5. Mohana Singh became first woman fighter pilot to fly a Hawk advanced jet aircraft.
    6. Arun Kumar has been given additional charge of Directorate General of Civil Aviation (DGCA). He currently holds position of an additional secretary at aviation ministry.
    7. As per Data released by Controller General of Accounts (CGA), Government met fiscal deficit target of 3.4% for FY 2018-19, with Fiscal deficit being 3.39 %. It was met through reduction in government spending, which also contributed to GDP growth slowing to 5.8% in Q4 of FY19.
      1. For FY19, the fiscal deficit stood at Rs 6.45 trillion(Lakh crore), slightly above than the revised estimate of Rs 6.34 trillion.
      2. Expenditure of government was Rs 23.11 lakh crores, which is 1.5 lakh crores INR less than revised budget size of 24.57 lakh crores.
      3. Revenue deficit for FY19 was 108.2% of full year target, compared to 102% for FY18.
      4. Revenue for FY19 was 16.66 trillion, about Rs 1.57 trillion less than revised estimates of Rs 18.23 trillion. Net tax revenue for FY19 was at 88.7% of the revised full year target, compared to 97.9% for the same period last year.
    8. India signed $350 million loan agreement with Asian Development Bank(ADB), to rehabilitate and upgrade two state highways and 23 major district roads totaling about 850 kilometers in Chhattisgarh. It will improve connectivity and access to basic services and livelihood opportunities in state. Total cost of the project is $521.69 million. State government will provide $171.69 million.
    9. As per RBI report, bank frauds have been reached to INR 71,500 crores in 2018-19 with over 6,800 cases. In 2017-18, 5,916 cases were reported by banks which involved Rs 41,167.03 crore. In last 11 fiscal years, 53334 cases of fraud were reported by banks involving amount of INR 2.05 lakh crores.
      1. ICICI Bank Reported 6811 Frauds, most for any Bank , involving INR 5033 crores. SBI was 2nd with 6793 fraud cases involving Rs 23,734 crores.
    10. VP Sivakolundhu has been elected as new Speaker of Puducherry Assembly.
    11. Newly Appointed Deputy CMs and Speakers of Recently elected State Assemblies -
      1. Andhra Pradesh -
        1. Speaker - Tammineni Sitaram
        2. Deputy CM - Pilli Subhash Chandra Bose, Alla Nani, K. Narayana Swamy, Pushpasreevani Pamula, Amzath Basha Shaik Bepari
        3. Chief Minister - Y. S. Jagan Mohan Reddy
        4. Also, Ajeya Kalama is appointed as Principal Advisor to Andhra Pradesh CM YS Jaganmohan Reddy.
      2. Arunachal Pradesh -
        1. Speaker - Pasang Dorjee Sona
        2. Chief Minister - Pema Khandu
      3. Odisha -
        1. Speaker - Surjya Narayan Patro
        2. Chief Minister - Naveen Patnaik (CM for his 5th Consecutive Term)
      4. Sikkim -
        1. Speaker - L. B. Das
        2. Chief Minister - Prem Singh Tamang
  27. June 04, 2019
    1. June 4 is observed as International Day of Innocent Children Victims of Aggression.
    2. Indian Airline SpiceJet Chairman and Managing Director Ajay Singh elected to board of the International Air Transport Association (IATA).
    3. NBFC L&T Finanace Services Ltd launched “Digital Sakhi” educational program aimed at financial inclusion of rural women in Villupuram District, Tamilnadu.
      1. L&T Finance also launched ‘Sabse Khaas Loan’ for two-wheeler customers. , which provides burden-free and low-cost finance for two-wheelers eliminates and need for hypothecation of vehicle to financier over tenure of loan.
    4. RBI amended norms on banks’ exposure to large borrowers, to reduce concentration of risk and align them with global norms. It will help in lending to Non-Banking Financial Companies (NBFC) in an effective way and invite scrutiny on structure of these entities.
      1. As per revised ‘Large Exposures Framework’ (LEF) norms, sum of all exposure values of a bank to a single counter-party should not be greater than 20% of bank’s available eligible capital base at all times.
      2. With regards to connected counter-parties, sum of all exposure values of a bank to a group of connected counter-parties should not be greater than 25% of bank’s available eligible capital base at all times.
      3. On exposures to NBFCs, banks’ exposures to a single NBFC are restricted to 15% of their eligible capital base.
    5. Punjab and Haryana High Court accorded status of “legal person or entity” to animals in Haryana, granting them “corresponding rights, duties and liabilities of a living person”. Nearly an year ago, Uttarakhand High Court passed a similar order to promote welfare of animals.
    6. Industrial Credit and Investment Corporation of India (ICICI) launched a dedicated center in Bengaluru to provide hazel free services to small business owners and startups. It provides services including capital loans and legal and valuation desk to help customers in resolving challenges related to collateral for various loans.
    7. As per data by US based think-tank Global Financial Integrity (GFI) India lost $13 billion in revenue collections due to trade misinvoicing in 2016, amounting to 5.5% of total revenue collections. Out of this $13 Billion, $4 billion was due to export misinvoicing and nearly $9 billion was due to import misinvoicing.
      1. GFI urged India to adopt a public registry of beneficial ownership information on all legal entities. It considered using online tools for building the capacity of customs authorities to better detect misinvoicing and take corrective steps in real time.
    8. IIT Madras has launched a Data Platform of ‘Integrated Database on Infrastructure Projects’ (IDIP) to improve efficiency of Government Infrastructure Development, with Akara Research and Technologies as development partner. It was launched at 15th World Conference on Transport Research (WCTR) at IIT Bombay.
      1. Initially, IDIP’s focus will be on the road sector due to its highest allocation of funds among other projects and highest private investment through PPP.
    9. As Per Data by National Sample Survey Organization (NSSO), India has 20.6 health workers per 10,000 people. It is less than World health Organization’s (WHO) minimum overreach of 22.8 per 10,000 people. Rural areas with 71% of India’s population have only 36% of health workers. Delhi has highest concentration of health workers followed by Kerala, Punjab, and Haryana.
    10. Fitch Ratings certified long-term Issuer Default Ratings (IDRs) to six banks - State Bank of India(SBI), Bank of Baroda(New Zealand), Punjab National Bank(PNB), Bank of Baroda (BOB), Canara Bank and Bank of India (BOI), with ‘BBB-‘ a stable outlook.
      1. Rating of IDBI Bank’s long-term IDR was certified at ‘BB+’.
      2. 5 banks were also given the Viability Ratings (VR). BOB’s VR is maintained at Rating Watch Negative (RWN) and VR of Canara Bank was downgraded to ‘bb-‘ from ‘bb’ as bank’s core capital position was not compared with its weak asset quality and earnings.
  28. June 03, 2019
    1. 14th summit of Organisation of Islamic Cooperation (OIC) held in Mecca, Saudi Arabia.
      1. During the summit, OIC Nations asked countries that have moved their embassies to Jerusalem (by recognizing it as Israel’s capital) to rethink their strategy, considering it a serious violation of international law and international legitimacy. USA and Guatemala earlier moved their Israeli Embassy to Jerusalem.
      2. OIC was established in 1969 by 24 member states, with now 57 member states.
      3. OIC appointed Yousef Aldobeay of Saudi Arabia as its special envoy for Jammu & Kashmir. OIC also called upon India to hold a referendum in J&K under United Nations’ patronage. Earier in March 2019, India was invited for first time as the guest of honour for plenary session of the OIC foreign ministers’ meet held in at Abu Dhabi (in UAE).
    2. US asked all Visa applicants to provide information about their social media use and declare their social media profiles going back five years. It aims to enhance careful examining of foreign nationals seeking Visa and to screen out dangerous individuals seeking entry.
      1. If visa applicant do not use social media they will have the option to say so but if applicant lies about social media use, they could face serious consequences. Also, in future, visa applicants will be required to turn more extensive information on their travel history.
    3. Comptroller and Auditor General (CAG) of India Rajiv Mehrishi has been elected as external auditor of World Health Organization (WHO) for four years term (2020 to 2023.
    4. Book titled ‘Cricket World Cup: The Indian Challenge’, written by senior-most active cricket broadcaster Ashis Ray has been released.
    5. Indian Army commissioned a “Continuous Ambient Air Quality Monitoring System” (CAAQMS) at its Eastern Command headquarters in Fort William Military Station, Kolkata in West Bengal. Its done as part of Army’s ‘Go Green’ initiative, which started in April 2019.
      1. CAAQMS will measure air pollution continuously, measuring pollutants like SO2, NO, NO2, NH3, CO, O3, VOC and particulate matters (PM 10 and PM 2.5).
    6. GST collectiong in May 2019 were INR 100289 crores (CGST - 17811 crore, SGST - 24462 crore, IGST - 49891 crore and Cess - 8125 crores). Its the third consecutive month of GST revenue being over 1 Lakh Crores INR. In April 2019, It was 113865 crores, highest ever monthly receipts ever in GST regime.
    7. June 2 is Statehood Day of Telangana, which was formed in 2014 as India's 29th State.
    8. 3rd Advance Estimates of production of major crops for 2018-19 released by Department of Agriculture, Cooperation and Farmers Welfare - Estimated production of major crops during 2018-19 -
      1. Foodgrains  –283.37 million tonnes.
        • Rice  –  115.63  million tonnes. (record)
        • Wheat – 101.20 million tonnes (record)
        • Nutri / Coarse Cereals – 43.33 million tonnes.
        • Maize  –27.82 million tonnes.
        • Pulses  –23.22 million tonnes.
        • Gram – 10.09 million tonnes.
        • Tur  –3.50 million tonnes.
      2. Oilseeds  –31.42 million tonnes.
        • Soyabean  –  13.74 million tonnes
        • Rapeseed and Mustard  –  8.78 million tonnes
        • Groundnut  –  6.50 million tonnes
      3. Cotton  –  27.59 million bales (of 170 kg each)
      4. Sugarcane – 400.37 million tonnes (record)
    9. India signed $287 million loan with World Bank for Tamil Nadu Health System Reform Programme, aimed at improving quality of health care, reduce burden of non-communicable diseases (NCDs), and fill equity gaps in reproductive and child health services in Tamil Nadu.
    10. June 3 - World Bicycle Day, declared by United Nations General Assembly (UNGA) in 2018. It promotes use of Bicycle for its environmental and health benefits.
    11. Sahara Group announced entry into automobile sector with launching of electric vehicles under brand name ‘Evols’. It will also introduce a network of battery-charging-cum-swapping stations.
    12. As per RBI Report on Benchmarking India’s Payment Systems -
      1. Report said that India has strong regulatory system and robust large value and retail payment systems, which have contributed to the rapid growth in volume of transactions in these payment systems. However, India needs to make more efforts to decrease volume of paper clearing and increase acceptance infrastructure to promote digital payments.
      2. With e-Money transactions of 345.9 Crores in 2017, Share of e-Money in India’s payment systems rose to 21.5 % in 2017 from 0.8 % in 2012. India has 26 % of online transactions using e-Money, next only to China.
    13. SDG (Sustainable Development Goals) Gender Equality Index 2019, developed by UK-based Equal Measures 2030 -
      1. India is ranked 95th among 129 countries in this new Index. The gender gap index of World Economic Forum ranked India at 108th rank.
      2. Top 3 - Denmark (1), Finland (2), Sweden (3). US is ranked 28th.
      3. Bottom 3 - Chad (129), DR Congo (128), Congo (127).
      4. Neighbours - China (74), Pakistan (113), Bangladesh (110), Nepal (102).
  29. June 02, 2019
    1. Committee led by Infosys Founder Nandan Nilekani gave suggestions about promoting digital payments in India. The committe was set up in January 2019.
      1. Major recommendation includes making RTGS and NEFT facilities available 24x7 and make them free. Also, it recommends duty free import of point of sales machines.
      2. It also Includes several suggestions related to KYC and customer on boarding process, To ease difficulties faced by industry. It Includes multi-pronged strategy to meet legal and regulatory requirements.
    2. Delhi CM Arvind Kejriwal announced free of cost Delhi Metro and DTC bus rides for women. The decision came when under one year is left for delhi assembly elections 2020. The decision is expected to cost over 1000 Crores to already loss making Delhi Metro.
    3. Kharga Prahar training exercise conducted by Indian Army in Punjab, by various units of Army’s Kharga Corps. Indian Army’s II Corps, based in Ambala is known as Kharga Corps, stationed at Ambala since 1985.
    4. Ministry for Skill Development and Entrepreneurship waived off fee for SC/ST candidates joining vocational training under Jan Shikshan Sansthans.
      1. Jan Shikshan Sansthans (JSS) were transferred to Ministry of Skill Development & Entrepreneurship in 2018, from Ministry of Human Resources Development (MHRD).
      2. JSS was initially launched in 1967 as Shramik Vidyapeeth, a multi-faceted adult education institution that was aimed at improving vocational skills and quality of life of industrial workers and their family members and of migrants workers, coming to urban areas.
      3. In April 2000, It was renamed as Jan Shikshan Sansthan and its focus was also extended to the rural areas.
    5. Mrutyunjay Mohapatra is appointed as Director-General India Meteorological Department (IMD).
    6. Anti-ship version of supersonic cruise missile BrahMos test fired from Integrated Test Range (ITR) at Chandipur in Odisha. Range of this medium-range ramjet supersonic cruise missile is approx 290 km.
    7. Airports Authority of India (AAI) signed technical assistance agreement with American Aircraft Maker Boeing to develop and modernise India’s Air Traffic Management, by jointly developing a 10-year roadmap. Roadmap will be undertaken with a grant from the United States Trade and Development Agency (USTDA).
    8. Google Maps launched three India-first public transport navigation features, to ease daily commute of users. Google Maps users will now be able to see bus travel times from live traffic across ten Indian cities, get live train status for Indian Railways and get mixed-mode commute suggestions which now combines auto-rickshaw and public transport.
      1. Real-time bus travel information is first such product feature, launched first in India. It will enable users to know how long bus trip will take, considering live traffic conditions. Its now live across ten cities - Delhi, Bangalore, Mumbai, Hyderabad, Pune, Lucknow, Chennai, Mysore, Coimbatore, and Surat.
      2. Real-time live running status of a train will work only in case of a long distance train journey. This is developed in partnership with ‘Where is my Train’ app, acquired by Google in 2018.
      3. Mixed-mode navigation Guidance with auto-rickshaw recommendation will tell users if taking an auto-rickshaw is better or a different mode of transport such as metro, local train, or a bus when taking a journey.
    9. World Health Organisation (WHO) awarded Rajasthan government’s Medical & Health Department its Tobacco Control Award for 2019 in recognition of Rajasthan’s achievements in field of tobacco control.
      1. Every year WHO recognizes various individuals / institutions worldwide and in each of six WHO regions for their accomplishments in area of tobacco control, on occasion of World No Tobacco Day (31 May).
      2. On This occasion, Indian Council of Medical Research (ICMR) recommended ‘complete’ ban on Electronic Nicotine Delivery Systems (ENDS), including e-cigarettes.
        1. ICMR released a white paper (an authoritative report or guide that informs readers about an issue) about harmful effects of ENDS and e-cigarettes.
        2. A committee headed by K Srinath Reddy of Public Health Foundation of India (PHAI) was constituted, to analyse over 300 research articles from globally and prepare the white paper.
    10. United Nation Security Council (UNSC) extended arms embargo and sanctions on South Sudan for a year, Despite resistance from Russia, China and African countries. A US-drafted resolution was adopted by UNSC after a vote of 10 in favour with five abstentions.
      1. As per rule, in 15-member UNSC, a resolution presented for vote requires a minimum of nine votes for adoption.
    11. Former Indian President Pratibha Patil has been honored by Mexico’s highest civilian honour for foreigners titled ‘Orden Mexicana del Aguila Azteca‘ (order of the Aztec Eagle).
      1. The Royal Eagle is Mexico’s national animal and is sacred to ancient Aztecs.
      2. 13 Indian nationals, including first Vice president of India, Sarvepalli Radhakrishnan has been given this award. Pratibha Patil is 2nd Indian head of state (after former President S. Radhakrishna) to get this award.
    12. Europe’s Highest Volcano Mount Etna (southern Italy) erupted with huge burst. Mount Etna has elevation of 3,326 m (10,912 ft), as highest peak in Italy and highest active volcano in Europe outside Caucasus. Mount Sinabung (Sumatra Island of western Indonesia) also erupted.
    13. US terminated India’s designation as a beneficiary developing nation under GSP (Generalized System of Preference) trade program w.e.f. 5 June 2019. Reasons stated are trade imbalance with India, no access to Indian market for US dairy, medical device industry and issues related to data localisation norms.
      1. Under US’s oldest preferential trade scheme called GSP, India is largest beneficiary and exported goods worth $6.35 billion under scheme in 2018. As Outcome, exports will become costlier, but overall impact would be minimal on India’s outbound trade with US.
      2. GSP benefits were instituted on 1 January 1976, as unilateral, non-reciprocal and non-discriminatory benefits extended by some developed nations to developing countries.
      3. U.S. designed trade program seeks to promote economic growth in developing countries by providing preferential duty-free entry for up to 4,800 products from 129 beneficiary countries and territories.
    14. Oil and Natural Gas Corporation (ONGC) overtook India Oil Corporation (IOC) as India’s most profitable Public Sector Undertakings (PSU).
      1. ONGC's net profit increased by 34% to INR 26716 crores as compared to it IOC's net profit of INR 17274 crores for FY 2018-19.
      2. ONGC had lost the most Profitable PSU Title to IOC in previous two financial years (2016-17 and 2017-18).
    15. Quadrilateral Security Dialogue (also known as Quad) meeting held Bangkok (Thailand).
      1. Quad is an informal strategic grouping consisting of India, US, Australia and Japan. It is committed to preserving rules-based order in the Indo-Pacific region.
  30. June 01, 2019
    1. Assam government waived admission fees for students taking admission up to Post Graduate level whose parental income is less than 2 lakh rupees per year. All provincialized government colleges and 5 universities are incorporated under the scheme.
    2. Government approved changes to Prime Minister’s Scholarship Scheme for wards of deceased defense personnel under National Defence Fund. Quota of new scholarships for children of state police officials will be 500 in a year.
      1. Scholarships have been increased from 2000 to 2500 per month for boys and 2250 to 3000 per month for girls.
      2. Under this, every year new scholarships are given for 5500 wards of armed forces controlled by Ministry of Defence, 2000 wards of paramilitary forces controlled by Ministry of Home Affairs and for 150 wards of forces controlled by Ministry of Railways.
    3. Telangana Government extended Rythu Bandhu scheme for 2019-20 while enhancing amount from INR 4000 to 5000.
      1. This scheme is aimed at providing income support to agriculturists directly to back their crops.
      2. It provides Initial Investment support to crops through a grant of INR 4000 per acre per farmer (now increased to 5000) each season towards purchase of inputs like seeds, fertilisers etc.
    4. Rajasthan government increased assistance given to school girls under ‘Aapki Beti’ scheme and assistance to families of polling personnel who die during election duty.
      1. Assistance has been increased to INR 2100 from 1100 for girls studying in class 1 to 8 and for girls in class 9 to 12, it has been increased to 2500 from 1500. Also, ex-gratia payment given to next of kin of an officer killed on election duty is increased to 20 lakh from 15 lakh.
    5. Ajit Doval has been Re-appointed as National Security Adviser (NSA). He has also been given cabinet rank (with tenure of five years), as recognition of his contribution in national security.
    6. June 1 - World Milk Day. It has been marked by Food and Agriculture Organisation of the United Nations (FAO), observed since 2001. 2019 theme is “Drink Milk: Today & Everyday.”. June 1 is also proclaimed as "Global Day of Parents" by United Nations.
    7. Nayib Bukele has been appointed as New President of El Salvador (Central American Nation).
    8. Madhya Pradesh Cabinet approved increasing reservation for Other Backward Classes (OBC) from 14 to 27 %. It will now be taken up in monsoon session of state Assembly.
      1. If implemented, MP will become only state to have 27 % quota for OBCs. State government passed an Ordinance on March 9 to implement the quota. However, MP High Court stayed the Ordinance.
    9. UAE’s Federal Authority for Identity and Citizenship (ICA) issued first Golden Residence Permit in Abu Dhabi, as part of Investors Permanent Residence System aimed to attract investors and qualified individuals.
      1. The first permit has been issued to investor Yousuf Ali, Board Member of Abu Dhabi Chamber of Commerce and Industry and Chairman of the Lulu International Group. He is worth 4.7 billion dollars and is ranked richest expat in UAE by Forbes.
      2. UAE government announced that first batch of 6,800 investors with 100 billion Dirhams worth of investments in country will be granted Golden Card.
      3. UAE had approved long-term visa system for expatriates in early 2019, mentioning the criteria needed to be met. The programme is an outreach initiative for investors and business leaders of foreign origin.
    10. American Rapper Jay-Z has been named world's first billionaire rapper by Forbes'.
    11. Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) signed agreement to form a Joint Venture (JV), for laying world’s longest Liquefied petroleum gas(LPG) pipeline from Kandla (Gujarat) to Gorakhpur (Uttar Pradesh).
      1. IOCL, BPCL and HPCL will hold 50%, 25% and 25% equity holding in JV.
      2. 2,757-km pipeline will connect 3 major States with west coast and 2 refineries at Koyali, Gujarat and Bina, Madhya Pradesh.
      3. After completion, single pipeline can transport up to 8.25 million metric tonnes of LPG per year which amounts to about 25% of India’s LPG demand.
    12. RBI approved appointment of Rakesh Makhija as chairman of Axis Bank, with effect from July 18, 2019 to July 17, 2022.
    13. Tata Motors-owned Jaguar Land Rover partnered with BMW to develop next-generation electric drive systems.
    14. Google's India-born CEO Sundar Pichai and Nasdaq president Adena Friedman chosen for Global Leadership Awards 2019 by business advocacy group USIBC, in recognition contribution in technology.
    15. L&T Financial Services launched ‘Digital Sakhi’ educational programme aimed at digital financial inclusion of rural women, in two villages of Villupuram district in Tamil Nadu.