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Current Affairs Pocket PDF – June 2022


Table of Contents
NATIONAL AFFAIRS ...................................................................................................................................................... 7
CABINET APPROVALS ............................................................................................................................................... 7
PARLIAMENT NEWS .................................................................................................................................................. 8
STATEWISE NATIONAL NEWS ................................................................................................................................. 9
LAUNCHES & INAUGURATION ............................................................................................................................... 13
FESTIVAL ................................................................................................................................................................... 19
OTHER NATIONAL NEWS ....................................................................................................................................... 20
GOVT SCHEMES ............................................................................................................................................................ 28
INTERNATIONAL AFFAIRS ......................................................................................................................................... 33
VISITS............................................................................................................................................................................. 36
INDIAN VISITS .......................................................................................................................................................... 36
FOREIGN VISITS ....................................................................................................................................................... 37
BANKING & FINANCE .................................................................................................................................................. 38
RBI IN NEWS ............................................................................................................................................................. 38
AGREEMENTS & MoUs SIGNED.............................................................................................................................. 41
OTHER BANKING NEWS ......................................................................................................................................... 47
FINANCE NEWS......................................................................................................................................................... 52
ECONOMY & BUSINESS ............................................................................................................................................... 56
GDP & GROWTH RATE ............................................................................................................................................ 56
ECONOMY NEWS ...................................................................................................................................................... 57
BUSINESS NEWS ....................................................................................................................................................... 58
MoU’s & AGREEMENTS ............................................................................................................................................... 59
MoU’s BETWEEN COUNTRY ................................................................................................................................... 59
MoU’s WITH STATES ............................................................................................................................................... 60
MoU’s BETWEEN ORGANIZATION ........................................................................................................................ 64
OTHER MoU’s IN CONTENT FORMAT ................................................................................................................... 68
APPOINTMENTS & RESIGNATIONS .......................................................................................................................... 69
APPOINTMENTS ....................................................................................................................................................... 69
NATIONAL ................................................................................................................................................................. 69
INTERNATIONAL ..................................................................................................................................................... 75
BRAND & CAMPAIGN AMBASSADORS ................................................................................................................. 77
AWARDS ........................................................................................................................................................................ 80
AWARDS IN THE FIELD OF ARTS & CULTURE FILMS ........................................................................................ 80

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OTHER IMPORTANT AWARDS .............................................................................................................................. 81


RECOGNITIONS ........................................................................................................................................................ 84
AWARDS & RECOGNITIONS IN CONTENT FORMAT .......................................................................................... 84
SUMMITS, EVENTS & CONFERENCE .......................................................................................................................... 87
EVENTS ...................................................................................................................................................................... 87
CONFERENCE ............................................................................................................................................................ 88
COMMITTEES & MEETINGS........................................................................................................................................ 89
MEETINGS ................................................................................................................................................................. 89
COMMITTEES & MEETINGS IN CONTENT FORMAT ........................................................................................... 91
INDEX ............................................................................................................................................................................. 91
RANKING ................................................................................................................................................................... 91
REPORTS ................................................................................................................................................................... 96
RANKING & REPORTS IN CONTENT FORMAT .................................................................................................. 104
ACQUISITION & MERGERS ....................................................................................................................................... 105
DEFENCE...................................................................................................................................................................... 107
EXERCISE ................................................................................................................................................................. 107
TESTING .................................................................................................................................................................. 108
ARMY, NAVY & AIR FORCE NEWS ....................................................................................................................... 109
SCIENCE & TECHNOLOGY ......................................................................................................................................... 110
SATELLITES LAUNCHES ........................................................................................................................................ 110
NATIONAL ............................................................................................................................................................... 111
INTERNATIONAL ................................................................................................................................................... 114
SPORTS ........................................................................................................................................................................ 116
CRICKET .................................................................................................................................................................. 116
BADMINTON & TENNIS ......................................................................................................................................... 117
ATHLETIC & FOOTBALL ....................................................................................................................................... 118
BOXING, WRESTLING & WEIGHTLIFTING ......................................................................................................... 119
ARCHERY & SHOOTING ........................................................................................................................................ 119
BOOKS & AUTHORS ................................................................................................................................................... 123
OBITUARY ................................................................................................................................................................... 124
NATIONAL ............................................................................................................................................................... 124
INTERNATIONAL ................................................................................................................................................... 126
IMPORTANT DAYS ..................................................................................................................................................... 127
APPS & WEB PORTAL ............................................................................................................................................... 148
ENVIRONMENT .......................................................................................................................................................... 151

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NATIONAL AFFAIRS
CABINET APPROVALS
Cabinet Approval on June 01, 2022
The Union Cabinet, chaired by the Prime Minister (PM) Narendra Modi has approved the following
proposals:
i. Expanding the mandate of Government e Marketplace – Special Purpose Vehicle (GeM – SPV) to allow
procurement by Cooperatives as Buyers.
ii. Relaxation in educational qualification for the post of Constable to recruit native tribal youth as
Constables in CRPF through recruitment rally from the interior areas of Bijapur, Dantewada and Sukma
districts of Chhattisgarh State.
✓ The Government e-Marketplace (GeM) has developed an IT (Information Technology) module for
the Ministry of Defence (MoD) to integrate competent financial authorities and Internal Financial
Advisers (IFA) for online e-concurrence and approval of procurement proposals on the GeM
portal. Click here to read more about the Cabinet Approval on June 01, 2022

Cabinet Approvals on June 8, 2022


On June 8, 2022 the Union Cabinet chaired by Prime Minister of India Narendra Modi approved the
following proposals:
✓ The transfer of 10 in-orbit communication satellites from Government of India (Gol) to NewSpace
India Ltd. (NSIL), a wholly owned Public Sector Enterprise (PSE) of GOI under the administrative
control of the Department of Space.It also approved increasing the authorized share capital of
NSIL from Rs 1000 crore to Rs 7500 crore.
The increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season
2022-23 to ensure remunerative prices to the growers for their produce and encourage crop
diversification. Click here to read more

Cabinet Approvals with Foreign Countries on June 8, 2022


The Union Cabinet chaired by Prime Minister (PM) Narendra Modi approved the following proposals
with foreign countries which were briefed by Union Minister Anurag Singh Thakur, Ministry of
Information & Broadcasting (MIB) during a media briefing on Cabinet decisions, at National Media
Centre in New Delhi, Delhi.
✓ MoU between India and the United Arab Emirates (UAE) on Cooperation in the field of Industries
and Advanced Technologies to strengthen and develop industries of both nations through
investments, technology transfer and the deployment of key technologies in industries.
✓ MoU to establish collaborative guidelines between the National Institute for Environmental
Studies (NIES), Japan and Aryabhatta Research Institute of Observational Sciences (ARIES).
✓ MoU between S. N. Bose National Centre for Basic Sciences (SNBNCBS), Kolkata (West Bengal),
India and Leibniz-Institut fur Festkorper- und Werkstoffforschung Dresden e.V. (IFW Dresden
e.V.), Dresden, Germany for scientific cooperation in the field of Novel Magnetic and Topological
Quantum Materials.
✓ MoU between the MoHUA, Government of India and Department of Foreign Affairs and Trade
(DFAT), Government of Australia for Technical Cooperation for Australia-India Water Security
Initiative (AIWASI) which was signed in December, 2021.
The signing of MoU among the India’s Department of Biotechnology (DBT), Indian Council of Medical
Research (ICMR), and International AIDS Vaccine Initiative (IAVI), US for contribution towards the
development of new, improved and innovative biomedical tools and technologies to prevent and treat

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HIV (Human Immunodeficiency Virus), TB (Tuberculosis), Covid-19 and other emerging infectious and
neglected diseases.. Click here to read more.

Cabinet Committee on Security Approved New Scheme ‘Agnipath’ for Soldier Recruitment
Cabinet Committee on Security has approved the new scheme called “Agneepath” (Agnipath) for
recruitment of soldiers in the Army, Navy and Air Force. This aims to reduce the increasing salary and
pensions. This is a transformative initiative which will provide a youthful profile to the Indian Armed
Forces.
✓ Under this new scheme, the soldiers will be initially inducted for a period of 4 years. On
completion of the service period, the soldiers will receive a tax-free service fund package of ~Rs.
11.71 lakh as Seva Nidhi Package.
✓ The Agneepath recruitment scheme will provide an opportunity for the Indian youngsters to serve
in the Indian Armed forces as “Agniveer”. (The soldiers recruited under this scheme will be
called Agniveer.)
Women will also be inducted into armed forces under Agnipath scheme. Click here to read more.

Union Cabinet Approvals on June 14, 2022


On June 14, 2022, the Union Cabinet chaired by Prime Minister (PM) of India Narendra Modi has
approved the following proposals:
i. An agreement between the Government of India (GoI) and the United Nations (UN) on a ‘Way Finding
Application’ to be used in the Palais des Nations, United Nations Office at Geneva (UNOG).
ii. Agreement on Cooperation in the field of youth work among the authorized bodies of the member
states of Shanghai Cooperation Organization (SCO).
iii. Approved a Memorandum of Association (MoA) by India for the establishment of the Bay of Bengal
Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Technology Transfer
Facility (TTF), which was signed by the BIMSTEC member countries at the 5th BIMSTEC Summit held at
Colombo, Sri Lanka in March, 2022.
iv. Approved a moratorium of three years (2020-21, 2021-22 & 2022-23) to Cochin Port Authority
(CoPA) on repayment of the balance Government of India (GoI) loans amounting to Rs. 446.83 crore to
tide over the financial crisis due to Covid-19 pandemic.
v. CCEA has approved the proposal for development of Phase I of New Greenfield Airport at Dholera
(Ahmedabad), Gujarat at an estimated cost of Rs 1305 crore, with completion time within 48 months.
The Airport is planned to operationalize from the year 2025-26.
vi. A proposal of the Department of Telecommunications (DoT), Ministry of Communications to
conduct a spectrum auction through which spectrum will be assigned to the successful bidders for
providing 5G services to public and enterprises. Click here to read more

PARLIAMENT NEWS
MCA notifies National Financial Reporting Authority Amendment Rules 2022
The Ministry of Corporate Affairs (MCA) has amended the National Financial Reporting Authority
(NFRA) Rules 2018 with ‘NFRA Amendment Rules 2022’ w.e.f. June 17, 2022, by exercising the powers
conferred by sub-sections (2) and (4) of section 132, sub-section (1) of section 139 and sub-section (1)
of section 469 of the Companies Act, 2013 (18 of 2013).
✓ This move rationalizes the penalty provision for certain contraventions aimed at encouraging
compliance.
The non-compliance will attract penalty of Rs 5,000 and where the contravention is a continuing one, a
further fine of Rs 500 for everyday during the period of contravention. Click Here for Official
Notification

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STATEWISE NATIONAL NEWS


Assam
Assam Cabinet Approves JV with Railway Ministry to Boost Connectivity
The cabinet of the Assam, chaired by Chief Minister (CM) Himanta Biswa Sarma, has approved the
formation of a Joint Venture (JV), Assam Rail Infrastructure Development Corporation
Limited (ARIDCL) between the Assam government and the railway ministry to increase the railway
connectivity in Assam.
✓ In ARIDCL, the Assam government will host 51% share and the Railway Ministry will hold the
remaining 49%.
✓ The Assam cabinet has also decided to launch “Arohan”, a programme for students of classes 9 to
12 2022-23 with an allocated budget of Rs 5.96 crore.
Assam: Governor– Prof. Jagadish Mukhi; National Park– Dibru-Saikhowa National Park; Manas
National Park; Wildlife Sanctuary– Bornadi Wildlife Sanctuary; Chakrashila Wildlife Sanctuary.

Delhi
ECI Appoints Cricketer Yash Dhull As State Icon for NCT of Delhi
Election commission of India (ECI) has appointed Indian cricketer Yash Dhull, as the ECI State Icon for
National Capital Territory (NCT) of Delhi to encourage the youngsters of Delhi.
✓ As the ECI State Icon Yash Dhull will educate and motivate the youngsters to enrol themselves in
the electoral roll. He will also participate in college-level voter awareness events.
✓ Yash Dhull was the captain of the 2022 International Cricket Council (ICC) Men’s Under 19 World
Cup-winning Team. He made his first-class cricket debut for the Delhi Cricket Team in the 2021-22
Ranji Trophy.

Delhi & UNDP set up Oxygen plant to support 750 beds in GB Pant Hospital
The government of the National Capital Territory (NCT) of Delhi collaborated with the United Nations
Development Programme (UNDP) to set up an oxygen generation plant at Govind Ballabh Pant Hospital
to increase the oxygen supply capabilities of the hospital. The oxygen plant can cater to 750 beds in the
hospital, including those supported by ventilators.
✓ The plant utilises Pressure Swing Adsorption (PSA) technology to produce up to 1,050 litres of
oxygen per minute.
In partnership with the state governments, UNDP has set up twelve oxygen generation plants across
India, including Arunachal Pradesh, Meghalaya, Nagaland, NCT of Delhi, and Tripura.

Haryana
Haryana CM Launches Pilot Project to Conserve Water
Haryana Chief Minister (CM) Manohar Lal Khattar launched a pilot project the ‘Sujal’ initiative for
Panchkula to monitor the water supply and control its flow in the region.
Under the initiative, a device will be installed in every drinking water metre, tube well and connections
of Haryana Shehri Vikas Pradhikaran (HSVP) that will store the water usage data online in a single
dashboard and thus it is easy to estimate the flow of water in every house

Jammu and Kashmir


J-K LG Launches Accidental Insurance Cover of Rs 15 Lakh for Govt Employees
Jammu and Kashmir (J&K) Lieutenant Governor (LG) Manoj Sinha launched a people centric
‘Accidental insurance scheme’ under which J&K bank will extend free group personal insurance
cover of Rs 15 lakh for all government employees.

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✓ The free Group Personal Insurance Cover is extended to all the permanent employees of J&K
Government in addition to the offers that they are entitled to on behalf of Memorandum of
Understanding (MoU) between J&K Bank and J&K Government.
✓ J&K banks also launched the Phone Pe Loan facility for government employees. It has contracted
with Oriental Insurance Company for extending the insurance cover.
J&K Bank: MD&CEO- Baldev Prakash; Established – 1938; HQ – Sri Nagar, J&K.

Karnataka
Vandita Sharma Appointed as Karnataka’s 39th Chief Secretary
The Government of Karnataka has appointed Vandita Sharma, a 1986-batch IAS officer, as the 39th
Chief Secretary (CS) of Karnataka. She took over as the new CS from incumbent P Ravi Kumar on 31st
May 2022. She will hold the office till November 2023.
✓ She is currently serving as the additional chief secretary-cum-development commissioner,
Government of Karnataka.
Vandita Sharma, hailing from Punjab, is the 4th woman to be appointed as the CS of Karnataka after
Theresa Bhattacharya, Malati Das and K Ratna Prabha.

Maharashtra
Maharashtra gets 12 New Conservation Reserves & 3 Wildlife Sanctuaries: 18th State Wildlife
Board meeting
The 18th Maharashtra State Board for Wildlife (MSBWL) meeting chaired by Chief Minister (CM) of
Maharashtra, Uddhav Thackeray, approved 12 new conservation reserves covering an area of
~692.74 square (sq) kilometres (Km) and 3 wildlife sanctuaries covering an area of ~ 303 sq km.
✓ The 3 Wildlife Sanctuaries of Maharashtra are, the extension of the Lonar wildlife
sanctuary (0.8694 sq km), Kolamarka in Gadchiroli (180.72 sq km) and Muktai Bhawani in
Jalgaon (122.74 sq km).
✓ Maharashtra: Governor– Bhagat Singh Koshyari; Capital– Mumbai; Stadium– Wankhede
Stadium; D Y Patil Sports Stadium; Sardar Vallabhbhai Patel Indoor Stadium. Click here to read
more

Maharashtra Became Top in Sugar Production in India


Maharashtra became the India’s top sugar producer after a five-year gap, followed by Uttar Pradesh
(UP) in the lead. During the current season of 2021-22, the state is crushing the highest amount of cane
and producing the highest ever amount of sugar.
✓ Till date, Maharashtra has crushed 1194.75 lt of cane and produced 124.75 lt of sugar.
✓ The new move in Uttar Pradesh Policy to utilise the sugarcane for ethanol production to augment
bio-fuels is also a main reason for the elevation of Maharashtra as top sugar producer.

Punjab
Punjab Budget 2022: Punjab FM presents Rs 1,55,859.78-crore budget; AAP govt’s first budget
On 27th June 2022, Punjab Finance Minister (FM) Harpal Singh Cheema presented Rs 1,55,859.78-
crore budget in the Punjab Vidhan Sabha, a growth of 14.2% from the previous fiscal. The Fiscal deficit
of Punjab stands at 3.78% of the Gross State Domestic Product (GSDP) for the fiscal year.
✓ This is the first budget of the Aam Aadmi Party (AAP) government led by the Chief Minister (CM)
Bhagwant Mann. No new taxes have been announced in the Punjab Budget.
✓ The budget’s Revenue Expenditure for the fiscal is proposed at Rs 107932 crore (up 5.35% year-
on-year) of which Rs 66440 crore (61.56%) is the committed expenditure.

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Punjab’s Capital Expenditure for the fiscal is proposed at Rs 10981 crore, a growth of 8.95% over the
previous year. During 2011-12 to 2021-22, capital expenditure ranged between 0.41% and 1.43% of
the GSDP. Click here to read more.

Punjab govt launches e-stamping facility, abolishes physical stamp papers of all denominations
The Punjab Government has launched e-stamping facility by abolishing the physical stamp papers, in
order to bring efficiency and check the pilferage of state revenue.
✓ The facility had been started with the help of National e-Governance Services Limited
(NeSL) and can be availed in banks.
The e-stamping facility is now available for all denominations starting from Rs.1, which was earlier
applicable only to a value above Rs 20,000.

Rajasthan
Rajasthan Approves New Guidelines for Indira Gandhi Shahari Rozgar Yojana Implementation
Ashok Gehlot, Chief Minister (CM) of Rajasthan, has approved the new guidelines for the
implementation of “Indira Gandhi Shahari Rozgar Yojana”, which was announced by the CM in the
2022-23 budget to provide employment in urban areas on the lines of the Mahatma Gandhi National
Rural Employment Guarantee Act (MGNREGA).
✓ Under the new urban employment scheme, families residing in urban areas will get 100 days of
employment per year. The Rajasthan govt will spend around Rs 800 crore per year on this
scheme.
✓ Under these new guidelines, People of the age group 18 to 60 years residing in the local body area
will be registered on the basis of Jan Aadhaar card.

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Rajasthan CM Ashok Gehlot Introduced Rajiv Gandhi Khel Ratna Award in the State for
Sportspersons
Rajasthan Chief Minister (CM) Ashok Gehlot announced that the state government is set to
introduce the Rajiv Gandhi Khel Ratna Award to the State’s sportspersons. He made the
announcement while addressing the inauguration and player award ceremony at Sawai Mansingh
Stadium in Jaipur, Rajasthan.
✓ He inaugurated Rajasthan High-Performance Sports and Rehabilitation Centre, Renovated
Synthetic Hockey Astro Turf and Badminton Indoor Hall, Olympic and also awarded Para Olympic
medalists, Asian Games-2022 and Commonwealth Games-2022 players.
He also informed that Rajiv Gandhi Rural Olympics will commence on 29th August 2022 in which more
than 27 lakh players of all ages can participate. He also released the torch of the Rural Olympic during
the event.

Special Health Care Abhiyan ‘Anchal ‘launched for pregnant women in Rajasthan’s Karauli
A special health care Abhiyan “Anchal” for pregnant women was launched in the Karauli district of
Rajasthan. This unique scheme, initiated by Ankit Kumar Singh IAS, District Collector & District
Magistrate, Karauli, Rajasthan, would benefit more than 13 thousand women.
Aim: To ensure the availability of all medical aid to pregnant women at the pre- and post-natal stage to
reduce maternal and infant mortality.

Sikkim
Sikkim Declared Blue Duke as state Butterfly
On the occasion of World Environment Day (5th June 2022), the government of Sikkim declared the
Blue Duke (scientific name: Bassarona durga durga), a species of nymphalid butterfly found in the
Himalayas, as the State Butterfly of Sikkim.
✓ Blue duke was declared as the State Butterfly based on an online poll in which it secured 57% of
the votes and Krishna Peacock (Papilio krishna) secured the 2nd position in the poll with 43% of
the votes.
✓ Blue Duke, discovered in the state in 1858, falls in Schedule 2 of the Wildlife Protection Act, 1972
and is a highly protected butterfly species in the Himalayas. It is found at an altitude below 1500
metres in the Himalayas.
The idea of the state butterfly was proposed by Butterfly enthusiast Nosang M Limboo, also known as
the Butterfly Man of Sikkim.

Tamil Nadu
TN CM Stalin Inaugurated Tamil Nadu Advanced Manufacturing Conclave 2022
On June 24, 2022, MK Stalin, the Chief Minister (CM) of Tamil Nadu (TN), launched the following
initiatives during the Tamil Nadu Advanced Manufacturing Conclave 2022 at Taramani, Chennai,
TN, to help industry adopt new technology and remain competitive.
✓ Tamil Nadu Centre of Excellence in Advance Manufacturing (TANCAM), India’s first of its kind
Center of Excellence (CoE), was inaugurated in the TIDEL Park at Taramani in Chennai, Tamil
Nadu.
✓ Two innovation centres were inaugurated at the SIPCOT Industrial Parks in Hosur and
Sriperumbudur.
The foundation stone was laid for the Neo-TIDEL Parks in Tiruppur and Villupuram districts of TN,
which will cost around Rs. 76.90 crore. Click here to readd more

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TN CM M.K. Stalin Flags Off Luxury Tourism Cruise Ship “Empress” In Chennai Port
Tamil Nadu (TN) Chief Minister (CM) Muthuvel Karunanidhi (M.K.) Stalin flagged off the luxury tourism
cruise ship “Empress” from Chennai port, Tamil Nadu. The cruise is being operated by Cordelia Cruises.
✓ This is the first luxury cruise liner to be operated from Tamil Nadu.
✓ The ship will go to the high seas from chennai port and will also anchor at Pondicherry and
Visakhapatnam harbours.

TN Government Launched Nalaya Thiran – Skilling Programme for College Students


The Government of Tamil Nadu (TN) has launched a skilling Programme called “Nalaya Thiran”
(Tomorrow’s ability) under the “Naan Mudhalvan” (I am the first), the umbrella programme of Chief
Minister (CM) MK Stalin. This programme will provide hands-on experience on problems and help the
industry to get skilled students. (This is not a pilot programme).
This multi-agency programme was created by NASSCOM (National Association of Software and Services
Companies), ICT Academy and Skill Development Corporation.

Telangana
Justice Ujjal Bhuyan takes oath as HC Chief Justice of Telangana
On 28th June 2022, Justice Ujjal Bhuyan was sworn in as the Chief Justice of Telangana High Court in a
ceremony held at Raj Bhavan. Governor Tamilisai Soundararajan administered the oath of office to him.
✓ He succeeded Justice Satish Chandra Sharma, who was transferred to the Delhi High Court.
✓ Previously, Justice Bhuyan took oath as judge of Telangana High Court in October, 2021.
He is also the Executive Chairman of Telangana State Legal Services Authority.

Uttarakhand
Uttarakhand Government Proposes Rs 65,571.49 Crore Budget
Prem Chand Aggrawal, the Finance Minister of Uttarakhand, has presented Uttarakhand’s Rs 65,571.49
crore budget for the financial year 2022-23 (FY23) in the ongoing budget session of the state Legislative
Assembly in Dehradun, Uttarakhand.
✓ Budget Highlights: Revenue Expenditure – Rs. 49,013.31 crore; Capital Expenditure – Rs.
16,558.18 crore; Total estimated receipts for FY23 – Rs. 63,774.55 crore.
✓ The proposed budget includes the highest allocations for pension payments to the elderly, widows
with no one to rely on, abandoned women, differently-abled, economically weak farmers, and
schemes aimed at improving gender ratios and providing health insurance coverage to all.
Uttarakhand: Chief Minister (CM) – Pushkar Singh Dhami; Festival – Magh Mela; Nanda Devi Raj Jat;
Kangdali Festival. Click here to read more.

LAUNCHES & INAUGURATION


Ghar Ke Upar Solar Is Super: MoS Bhagwant Khuba launches NSEFI’s Pan-India Rooftop Solar
Awareness Campaign
On June 5, 2022, a 3-year long Pan-India Rooftop Solar Awareness Campaign titled ‘Ghar Ke Upar Solar
Is Super’ by the National Solar Energy Federation of India (NSEFI) is launched by the Minister of
State (MoS) Bhagwant Khuba, Ministry of New and Renewable Energy (MNRE) at Bidar, Karnataka to
urge public for installing solar rooftops.
✓ It is initiated by NSEFI with support from the German Solar Association (BSW) and the German
Federal Ministry of Economic Cooperation and Development (BMZ) under the Sequa KVP
Programme. MNRE will provide 40% subsidy for households to install solar.

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✓ Under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Yojana (PM-KUSUM)
scheme of Central Government, the farmers will be given 30% subsidy each by centre and state to
install solar pumps.
In North-Eastern States, Sikkim, J&K, Himachal, Uttarakhand, Lakshadweep and A&N Islands, CFA of
50%, State Government subsidy 30%, Remaining 20% by the farmer.

Union Education Minister Dharmendra Pradhan launches Polyversity – India’s Largest


Educational Metaverse & Bharat Blockchain Network
Information Data Systems (IDS), an IT Services and IT Consulting company based in Michigan, USA, has
unveiled the India’s first nationwide hybrid blockchain network called “Bharat Blockchain Network
(BBN) (Academic Blockchain Consortium)” & India’s Largest Educational Metaverse “Polyversity”.
Union Minister Dharmendra Pradhan, Ministry of Education (MoE), launched the initiatives at the
AICTE Auditorium in New Delhi, Delhi. Both initiatives are supported by AICTE and powered by IDS,
with the goal of upskilling or reskilling one crore students in emerging technologies. Click here to read
more

Prime Minister Narendra Modi Launches Several Development Projects in Gujarat


Prime Minister (PM) Narendra Modi inaugurated and laid the foundation stone of various development
projects worth Rs 3,050 crores during the ‘Gujarat Gaurav Abhiyan’ at Khudvel, a tribal region in
Navsari district of Gujarat.
✓ This comprises the inauguration of seven projects, the laying of foundation stones for 12 projects,
and the Bhumi Pujan of 14 projects, which will aid in improving the region’s water supply,
enhance connectivity and improve ease of living for Gujarat’s residents.
He has inaugurated the headquarters of the Indian National Space Promotion and Authorisation
Centre (IN-SPACe) at Bopal in Ahmedabad, Gujarat. Click here to read more.

Union Minister Ashwini Vaishnaw launches Policy & Portal of e-auction for Commercial
earning, NFR Contracts
Union Minister Ashwini Vaishnaw, Ministry of Railways launched e-auction for commercial earning, and
Non-Fare Revenue (NFR) contracts, in Rail Bhavan, New Delhi (Delhi).
✓ This launch was made to bring Commercial Earning and NFR contracts under the ambit of
electronic auction through Indian Railway e-Procurement System (IREPS), in line with
prevailing e-auction of scrap sale.
✓ The e-auction will be conducted online through the ‘E-Auction Leasing’ module of
IREPS- www.ireps.gov.in.
A pilot for the project was launched in 11 divisions of nine railway zones. A total of 80 contracts of a
combined value of Rs 128 crore were finalized during this. Click here to read more

MoR Launches Indian Railway Innovation Policy – StartUps for Railways


The Minister of Railways, Communications and Electronics & Information
Technology Ashwini Vaishnaw launched Indian Railway Innovation Policy – ‘StartUps for
Railways’ and also an ‘Indian Railway Innovation Portal’ in Rail Bhavan, New Delhi.
✓ Aim – To leverage innovative technologies developed by Indian
Startups/MSMEs/Innovators/Entrepreneurs to improve operational efficiency and Safety of
Indian Railways.
✓ Indian Railways ensures for 50 percent, up to Rs. 1.5 Crore capital grant on equal basis in
milestone payment , assured market, scale and ecosystem

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Indian Railways Launches First Train Under Bharat Gaurav Scheme


On 14th June 2022 the first train under the Indian Railways ‘Bharat Gaurav’ scheme was flagged off
the maiden service from Coimbatore North railway station, Tamil Nadu to Sainagar Shirdi,
Maharashtra. This is India’s first Private train services. It aims to promote domestic tourism.
✓ With this, the Southern Railway became the first zone in Indian Railways to get the first registered
service provider under the “Bharat Gaurav” scheme.
To showcase India’s rich cultural heritage and magnificent historical places to the people of India and
the world, Indian Railways launched the operation of theme-based Bharat Gaurav train in November
2021.

PYSE launched India’s First & Largest Fractionally Owned Solar Power Plant in Karnataka
Pyse Fintech Pvt. Ltd. (PYSE), an investment platform, has launched India’s first and
largest fractionally-owned solar power plant in Karnataka. The platform allows retail investors to
invest in sustainable projects that create social and environmental impacts from a ticket size as low as
Rs 5,000.
✓ The plant is set to be commissioned by the end of July 2022 and is designed to offset 65 lakh kgs of
carbon footprint every year for the next 25 years.
✓ It is a Rs 26 crore solar power project with an average investor share of Rs 25,000.
PYSE: Co-founder -Kaustubh Padakannaya; HQ- Bengaluru, Karnataka

Dak Karmayogi: E-Learning Platform launched by Union Minister Ashwini Vaishnaw; Meghdoot
Awards 2021 Conferred
On June 28, 2022, Union Minister Ashwini Vaishnaw, Ministry of Communications (MOC), and Minister
of State (MoS) Devusinh Chauhan launched ‘Dak Karmayogi’ during a function held at Stein
Auditorium, Indian Habitat Centre in New Delhi (Delhi).
✓ Dak Karmayogi is an e-learning portal of the Department of Posts, is to bring to bring efficiency in
Government of India’s employees; and in bureaucracy with Minimum Government and Maximum
Governance.
✓ It will enhance the competencies of Gramin Dak Sevaks (Rural Postal Service) & Departmental
employees by availing the uniform standardized training content online/in blended campus mode
through ‘Any-time, Any-where’ pattern.
MOC: Union Minister– Ashwini Vaishnaw (Rajya Sabha- Odisha); Minister of State
(MoS)– Devusinh Chauhan (Constituency- Kheda, Gujarat). Click here to read more.

PADMA: Automated Pay & Allowances Module for Indian Coast Guard Launched
On June 28, 2022, Rajnish Kumar, Controller General of Defence Accounts (CGDA), Ministry of Defence
(MoD) has inaugurated the Pay Roll Automation for Disbursement of Monthly
Allowances (PADMA), an automated Pay & Allowances module for the Indian Coast Guard (ICG).
✓ This module has been developed under the aegis of Defense Accounts Department (DAD) and
will be operated by Pay Accounts Office Coast Guard, Noida (Uttar Pradesh).
✓ PADMA is an automated platform or Centralized Pay System (CPS). CPS in India are Real Time
Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems, both owned and
operated by the Reserve Bank of India (RBI).
ICG: Director General – Virender Singh Pathania (24th DG of ICG); Established in – 1977; HQ – New
Delhi.

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Union Civil Aviation Minister Jyotiraditya M. Scindia Launches National Aero Sports Policy
2022
The National Air Sports Policy 2022 (NASP 2022) was launched by Union Minister Jyotiraditya M.
Scindia, Ministry of Civil Aviation (MoCA), with the aim of optimizing India’s potential in the field of air
sports. This is India’s First National Air sports Policy.
✓ By 2030, the NASP 2022 aims to make India one of the top sports nations in the world by
providing a safe, affordable, accessible, enjoyable, and sustainable air sports ecosystem. The policy
has the potential to be an income generator worth Rs. 8,000–10,000 crores.
✓ Air sports refer to a variety of sports that involve the use of air as a medium. It includes activities
such as air racing, aerobatics, aero modelling, hang gliding, paragliding, paramotoring, and
skydiving, etc.,
✓ Air Sports Federation of India (ASFI) be an autonomous body under the Ministry of Civil Aviation
governing air sports in India. Click here to read more.

Union Minister Dr Jitendra Singh Releases 2nd edition of NeSDA 2021


Dr Jitendra Singh, Union Minister of State(MoS) Ministry of Personnel, Public Grievances & Pensions
released the 2nd edition “National e-Governance Service Delivery Assessment 2021(NeSDA 2021):
Reaching citizens through seamless service delivery” prepared by the Department of Administrative
Reforms and Public Grievances (DARPG) under the Ministry of Personnel, Public Grievances &
Pensions.
✓ NeSDA is a biennial study that provides suggestions for the government to enhance its e-
governance service delivery system.
✓ The NeSDA was constituted by the DARPG in 2019 as a part of its mandate to enhance the e-
government endeavours and drive digital government excellence. The next edition of NeSDA will
be conducted in 2023.
The NeSDA 2021 Portal was formally launched in June 2021 to conduct the entire assessment process
online. Click here to read more.

Tourism Ministry launched National Strategy for Sustainable Tourism and Responsible
Traveller Campaign
The Ministry of Tourism has launched the National Strategy for Sustainable Tourism and
Responsible Traveller Campaign at the National Summit on Developing Sustainable and Responsible
Tourist Destinations held in New Delhi, Delhi. The Scheme has been revamped as Swadesh Darshan 2.0.
The summit was organised by the Tourism Ministry in partnership with the United Nations
Environment Program (UNEP) and Responsible Tourism Society of India (RTSOI).

NSDC & MoHUA Launches NIPUN for Skill Training of Construction Workers
Union Minister of Housing and Urban Affairs Hardeep Singh Puri launched project NIPUN (National
Initiative for Promoting Upskilling of Nirman workers), an initiative of Ministry of Housing and Urban
Affairs (MoHUA) under the flagship scheme of the Deendayal Antyodaya Yojana-National Urban
Livelihoods Mission (DAY-NULM).
✓ It aims to train more than one lakh construction workers through fresh skilling and upskilling
programmes and provide them with opportunities in foreign countries.
National Skill Development Corporation (NSDC), the nodal agency under the Ministry of Skill
Development & Entrepreneurship, is responsible for the overall execution of the training, monitoring
and candidate tracking. Click here to read more.

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DoT Launches Design-Linked Incentive Scheme, Extends Telecom PLI by 1 year


The Department of Telecom (DoT), under the Ministry of Communications launched an incentive
scheme for design-led manufacturers and extended the base year for the calculation of Rs
12,195 crore Production-Linked Incentive (PLI) scheme by one year and raised the incentive rate by
an additional 1 percent.
✓ Its objective is to build a strong ecosystem for 5G.
✓ The guidelines for the PLI scheme for telecom and networking products have been amended to
introduce the Design-led Manufacturing with additional incentive rates.
The existing PLI beneficiaries will be given an option to choose between the financial year 2021-22 or
2022-23 as the 1st year of incentive.

NTPC Limited Releases “Biodiversity Policy 2022”


NTPC Limited, formerly known as National Thermal Power Corporation Limited, has released its
Biodiversity Policy 2022, for the conservation and restoration of a balanced ecosystem.
✓ With this, NTPC ltd aims to mainstream the concept of biodiversity across its value chain and
adopt the precautionary approach for sustainable management of biodiversity in all decision-
making processes to ensure earth’s diverse life in and around NTPL’s business unit.
In 2018, NTPC became the first PSU to issue Biodiversity Policy and in 2018 NTPC also became a
member of the India Business & Biodiversity Initiative (IBBI).

PM Modi Inaugurates India’s Biggest Drone Festival Bharat Drone Mahotsav 2022 in New Delhi
On May 27, 2022, Prime Minister (PM) Narendra Modi inaugurated India’s biggest Drone
Festival, Bharat Drone Mahotsav 2022, at Pragati Maidan in New Delhi, Delhi. The two-day Bharat
Drone Mahotsav 2022 took place on May 27–28, 2022.
✓ For the first time in India’s postal history, the Department of Posts, Ministry of Communication,
has successfully conducted a pilot project to carry mail using drone technology in Gujarat’s Kutch
district.
✓ At the Bharat Drone Mahotsav 2022 in New Delhi, ePlane Company, an aviation and aerospace
component manufacturing company, displayed a static prototype of the ‘e200’ — a two-seater —
one seat for the pilot and one passenger — electric vertical take-off and landing (eVTOL). The
ePlane company is headquartered in Chennai, Tamil Nadu and its e200 is regarded as India’s first
flying taxi. Click here to read more about the Bharat Drone Mahotsav 2022

PM Narendra Modi inaugurates World’s 1st Nano Urea plant by IFFCO at Kalol, Gujarat
The Prime Minister (PM) of India Narendra Modi inaugurated the world’s first nano urea liquid plant by
Indian Farmers Fertiliser Cooperative Limited (IFFCO) at Kalol, Gujarat. This facility was dedicated to
the nation during a ceremony held at the Mahatma Mandir, Gandhinagar in Gujarat.
✓ India has now become the first country globally to start commercial production of Nano Urea.
India is the second largest consumer of urea across the world where China stands first. India is the
third largest producer of urea.
IFFCO has set up additional manufacturing facilities for the production of nano fertilisers at its Aonla,
Phulpur, Kalol (Expansion), Bengaluru, Paradeep, Kandla, Deoghar and Guwahati units for production
of nano urea, nano DAP (Diammonium phosphate) and nano micronutrients at different locations.

PM Narendra Modi Inaugurated Iconic Week Celebrations of FinMin & MCA- June 6-12, 2022
As a part of the ‘Azadi Ka Amrit Mahotsav (AKAM)’, an Iconic Week Celebrations of the Ministry of
Finance (FinMin) and Ministry of Corporate Affairs (MCA) were held at Vigyan Bhawan, New Delhi,

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Delhi. It was inaugurated by Prime Minister of India Narendra Modi.It was held under the theme of
“Transforming Lives”.
✓ The PM Narendra Modi launched National portal for credit linked government schemes – Jan
Samarth Portal, a first of its kind platform to directly connect beneficiaries to lenders
✓ PM also launched a special series of coins of Re 1, Rs 2, 5, 10 and 20 denominations having AKAM
design. They are not commemorative coins and will be part of circulation.
✓ Union Finance Minister Nirmala Sitharaman launched below events:-
• Special window facility for senior citizens above 75 years seeking refund from the Investor
Education and Protection Fund Authority (IEPFA).
• Launched NETRA (New e-Tracking and Remote Administration) portal, and Mobile Application
for IDEAS scheme.
• Launched the Single Nodal Agency (SNA) Dashboard of PFMS to ensure effective utilization of
technology in public finance.
✓ Union Minister of State (MoS) Dr. Bhagwat Kishanrao Karad, Ministry of Finance released an e-
book titled Pratidhwani.
✓ Dr Jitendra Singh, Ministry MoST released Aarohan, a Coffee Table Book.
A coin exhibition, showcasing the history of coin-making and collection at the Saifabad Mint Museum in
Hyderabad, Telangana was inaugurated. Click here to read more.

PM Modi Inaugurates Biotech Startup Expo- 2022 in New Delhi; Launched Biotech products &
e-Portal
Prime Minister Narendra Modi inaugurated the Biotech Startup Expo – 2022 at Pragati Maidan, New
Delhi, Delhi. It is a 2-day event held on 9th & 10th June 2022, organised by the Department of
Biotechnology and Biotechnology Industry Research Assistance Council (BIRAC).
✓ The expo is a part of the celebration of the completion of 10 years of the establishment of BIRAC
and held under the theme “Biotech Startup Innovations: Towards AatmaNirbhar Bharat”.
✓ PM Modi also launched the e-portal of 750 biotech products along with the biotech products
developed during the 75th year of Independence of India and a coffee book of 75 women biotech
entrepreneurs.
✓ BIRAC is a Public Sector Undertaking (PSU) of the Department of Biotechnology under the
Ministry of Science & Technology. MD– Dr Alka Sharma; HQ– New Delhi, Delhi. Click here to read
more.

PM Modi inaugurates Underground Gallery of Revolutionaries’ Museum at Maharashtra’s


Raj Bhavan
Prime Minister (PM) Narendra Modi inaugurated the underground ‘Gallery of Revolutionaries’
Museum at Maharashtra’s Raj Bhavan in Mumbai. The underground gallery is established in the
subterranean network of 13 pre-World War-I British era bunkers, discovered in the Maharashtra Raj
Bhavan campus in August 2016 during the tenure of then Governor C. Vidyasagar Rao.
✓ The gallery features information on the heroes and their roles in the freedom movement,
sculptures, rare photographs, murals and details on tribal revolutionaries drawn by school
students.

PM Narendra Modi Inaugurates & lays Foundation Stones of Development Projects Worth ∼Rs
21000cr in Vadodara, Gujarat
On June 17-18, 2022, the Prime Minister (PM) of India Narendra Modi visited Gujarat to inaugurate the
redeveloped temple of Shree Kalika Mata at Pavagadh Hill,he will also visit Virasat Van, and to

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participate in Gujarat Gaurav Abhiyan Program at Vadodara, where he inaugurated and laid the
foundation stone of projects worth over Rs 21,000 crore.
✓ The PM dedicated and laid the foundation stone of various Railway projects worth over Rs
16,000 crore which will help in lowering logistics cost and boost industry and agriculture sector
in the region.
✓ Under Pradhan Mantri Awas Yojana (PMAY), a total of 1.38 lakh houses were dedicated by the
PM.
✓ PM launched ‘Mukhyamantri Matrushakti Yojana’, with an outlay of Rs 800 crores. Under the
scheme, pregnant and lactating mothers will be given 2 kg of chickpeas, 1 kg of tur dal and 1 kg of
edible oil free of cost from Anganwadi Centres every month. Click here to read more.

India’s 1st Government MLD Desalination Plant for Industrial Use inaugurated in Gujarat
India’s first government desalination plant only for industrial use was inaugurated at Dahej in Bharuch
,Gujarat by the Chief Minister (CM) of Gujarat, Bhupendra Patel. It was set up with an outlay of ~Rs
881.19 crore. Its construction work was awarded to the joint venture company of Larsen &
Toubro and Tecton.
✓ Dahej Desal Foundation, has been constituted by the Gujarat Industrial Development
Corporation (GIDC.
✓ The daily requirement of water for industries in Dahej is around 200 MLD (Million Per Day), which
is currently fetched from the Narmada River.
Of the total four PCPIR (petroleum, chemicals and petrochemicals investment regions) in the country,
Dahej PCPIR is the only functional one.

PM Narendra Modi inaugurates ‘Vanijya Bhawan’ and launches NIRYAT Portal


On June 23, 2022, the Prime Minister (PM) of India Narendra Modi inaugurated the new premises of the
Ministry of Commerce and Industry (MoCI) namely ‘Vanijya Bhawan’, and launched a new portal
NIRYAT (National Import-Export Record for Yearly Analysis of Trade) during an occasion in
Vigyan Bhawan in New Delhi, Delhi.
✓ It will serve as an integrated and modern office complex for its two Departments i.e., Department
of Commerce, and Department for Promotion of Industry and Internal Trade (DPIIT).
✓ NIRYAT is developed as a one stop platform for stakeholders to get all necessary information
related to India’s foreign trade.
✓ June 23 marks the death anniversary of the India’s first Industries
Minister Dr Shyama Prasad Mukherjee. Click here to read more.

FESTIVAL
India’s First Lavender Festival inaugurated in Bhaderwah, J&K
Union Minister of Science and Technology Dr.Jitendra Singh inaugurated the India’s First Lavender
Festival in the Bhaderwah town in Doda district of Jammu Division of the Indian union territory of
Jammu and Kashmir(J&K).
✓ Council of Scientific and Industrial Research–Indian Institute of Integrative Medicine (CSIR–IIIM)
introduced lavender farming in Jammu & Kashmir’s Rama, Doda, Kathua, Kishtwar, Rajouri,
Udhampur, Pulwama, Kupwara, Anantnag, and Bandipora districts.
✓ CSIR-Aroma Mission, under the Ministry of Science & Technology, aims to develop aroma related
science and technology to reach end users such as farmers, industry, and society.

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Assam Celebrates Baikho Festival for Good Harvest and Rain


The ancient tradition known as Baikho festival, a spring festival, is annually celebrated in the month
of June across the state of Assam. It is meant to bring abundant crops and good health.
The festival is predominately celebrated by the Rabha tribes. Rabha is a Tibeto-Burman agriculture-
based community who resides majorly in Lower Assam, Garo hills and Dooar region in West Bengal.

Piyush Goyal inaugurates ‘Mango Festival’ in Belgium


Piyush Goyal, Union Minister of Commerce and Industry, has inaugurated a “Mango Festival” in
Brussels, Belgium to raise awareness among Europeans and establish a market for Indian mangoes in
Europe.
✓ India is a big supplier of mangoes to the rest of the globe, but most of the mangoes end up in the
Middle East rather than Europe. This is the first time it has been hosted in Belgium.

OTHER NATIONAL NEWS


President Appoints New Chief Justices to Six High Courts
The President of India, Ram Nath Kovind, has appointed new Chief Justices for six High Courts:
Uttarakhand, Delhi, Himachal Pradesh, Rajasthan, Gauhati, and Telangana in exercise of the power
conferred under clause (1) of Article 217 of the Constitution of India, after consultation with the Chief
Justice of India (CJI) Nuthalapati Venkata Ramana (N V Ramana).
✓ Chief Justice of the Telangana High Court Satish Chandra Sharma has been transferred to the
Delhi High Court in the same capacity as the Chief Justice of the Delhi High Court.
✓ Justice Vipin Sanghi, Judge, Delhi High Court, was appointed as the Chief Justice of
the Uttarakhand High Court.
✓ Justice Amjad A. Sayed, Judge, Bombay High Court, was made Chief Justice of the Himachal
Pradesh High Court.
✓ Justice Sambhaji Shivaji Shinde (S S Shinde), Judge, Bombay High Court, was appointed as the
Chief Justice of the Rajasthan High Court.
✓ Justice Rashmin Manharbhai Chhaya, Judge, Gujarat High Court, was elevated as the Chief
Justice of the Gauhati High Court.
Justice Ujjal Bhuyan, who is currently a judge in Telangana High Court, was elevated as Chief Justice
of Telangana High Court. His parent high court is Gauhati.

SC Bans Mining & Permanent Structures within 1-km radius of National Parks, Wildlife
Sanctuaries
The Bench of Justice L Nageswara Rao, Justice Bhushan Ramkrishna Gavai (BR Gavai) and Justice
Aniruddha Bose in the Supreme Court of India (SC) has ordered that mining and construction of new
permanent structures within extended buffer zone, which is an Ecologically Sensitive Zone (ESZ) of 1-
kilometre(km) radius of a national wildlife sanctuary or national park will not be permitted.
✓ The activities already being undertaken within 1 km or ESZ does not come under the ambit of
prohibited activities as per the 9th February 2011 Guidelines.
✓ These activities may continue with the permission of the Principal Chief Conservator of Forests.
The people responsible for these activities should get permission within a period of 6 months.
For Jamwa Ramgarh Wildlife Sanctuary in Rajasthan, ESZ shall be 500 metres so far as subsisting
activities are concerned.

ICAR-NRCE Develops “Anocovax” India’s 1st COVID-19 Vaccine for Animals


Union Minister Narendra Singh Tomar, Ministry of Agriculture & Farmers Welfare (MoAFW) launched
“Anocovax”, India’s first indigenously developed COVID-19 vaccine for animals.

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✓ The vaccine is developed by the Indian Council of Agricultural Research (ICAR)- National Research
Centre on Equines (NRCE) (Hisar, Haryana), is safe for dogs, lions, leopards, mice and rabbits.
✓ He also launched ‘CAN-CoV-2 ELISA kit’, a sensitive and specific nucleocapsid protein-based
indirect (Enzyme-Linked Immunoassay) ELISA kit, for antibody detection against SARS-CoV-2 in
canines.

Himachal Pradesh: The 1st Indian State to Approve Policy for Drones
The Chief Minister of Himachal Pradesh (HP) Jai Ram Thakur has approved the ‘Himachal
Pradesh Drone Policy 2022’, making HP the first state in India to approve drone policy and public
use of drones.
✓ The policy visions to create drone ecosystem built upon the foundation of Governance and
Reforms Using Drones (GARUD).
✓ It aims to propagate the use of drone-enabled technology in different sectors such as defence,
transport, health, agriculture and more.

Gujarat becomes India’s 1st State to launch Balika Panchayat


Gujarat has become India’s first–ever State to launch Balika Panchayat (girl Panchayat) to promote
the social and political development of girl children and to eliminate the evil practices, such as child
marriage and the dowry system, from society.
✓ It aims to address the female adolescent issues, of the girls, by the girls, for the girls and to develop
leadership qualities in the girls for future panchayat polls.
✓ Balika Panchayat initiative has been started in Kunaria, Maska, Motagua, and Vadsar villages of
Kutch district of Gujarat.
This is an initiative of the Women and Child Development Welfare department of the Gujarat
Government under the ‘Beti Bachao Beti Padhao’ campaign.

Delhi Airport Becomes India’s 1st to Run Entirely on Hydro and Solar Energy
Delhi’s Indira Gandhi International (IGI) airport becomes the 1st airport in India that switched to hydro
and solar power for its consumption needs from 1st June 2022, to run entirely on a combination of
these forms of green energy. The majority of the consumption is hydro dependent.
This reduces energy emissions by 2 lakh tonnes of carbon dioxide per year which would satisfy the
airport’s goal to achieve the ‘Net Zero Carbon Emissions Airport’ target by 2030.

Central Govt approves 8.1% EPF Interest Rate for 2021-22; Lowest since 1977-78
The Central Government has officially approved 8.1% rate of interest on Employees’ Provident Fund
(EPF) deposits for 2021-22, which is down by 40 basis points from 8.5% provided in 2020-21. This new
interest rate is the lowest since 1977-78(over four-decade low), when it stood at 8%.
✓ This approval has been made concurrently by the Ministry of Labour and
Employment (MoL&E), and the Ministry of Finance.
✓ The EPFO invests 85% of its annual accruals in debt instruments, including government securities
and bonds, and 15% in equity through ETFs (Exchange-Traded Fund). The earnings from both
debt and equity are used to calculate the interest payment.
EPFO: Central Provident Fund Commissioner-CPFC (CEO of EPFO)– Neelam Shami Rao; HQ– New
Delhi, Delhi

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Union Civil Aviation Minister Jyotiraditya Scindia Awards IoTechWorld the First Type
Certificate Under Drone Rules, 2021
Union Minister Jyotiraditya M. Scindia of the Ministry of Civil Aviation (MoCA) awarded the first Type
Certificate (TC) under the Drone Rules, 2021 to IoTechWorld Avigation Pvt Ltd. (IoTechWorld).
✓ The Directorate General of Civil Aviation (DGCA), MoCA, issues a Type Certificate for a specific
type of unmanned aircraft system (drone) on the recommendation of the Quality Council of India
(QCI) or an authorised testing entity under the Drone Rules 2021.
✓ The Drone Rules, 2021 were notified on August 25, 2021, and the Certification Scheme for
Unmanned Aircraft Systems (CSUAS) for obtaining Type Certificate (TC) for drones was notified
on January 26, 2022.
✓ IoTechWorld received the first Type Certificate just 34 days after submitting its online application
on the DGCA’s DigitalSky Platform. Click here to read more.

India & Bangladesh are Rebooting Their Rail Link


The passenger train services between India and Bangladesh were resumed with Bandhan Express
(Kolkata, West Bengal, India to Khulna, Bangladesh) and Maitree Express (Dhaka, Bangladesh to
Kolkata, West Bengal), 2 years after these trains were stopped on 28th March 2020, due to COVID-19
pandemic.
✓ The Mitali Express, a 3rd train connecting New Jalpaiguri in North Bengal, West Bengal with
Dhaka,Bangladesh will be flagged off in June 2022 by Railways ministers of both India and
Bangladesh.
✓ So far, 5 rail links have been rebooted between India and Bangladesh, which include Petrapole
(India)-Benapole (Bangladesh), Gede (India)-Darshana (Bangladesh), Singhabad (India)-Rohanpur
(Bangladesh), Radhikapur (India)-Birol (Bangladesh), Haldibari (India)-Chilahati (Bangladesh).
In August 2021, both the countries started regular freight trains in the newly restored Haldibari-
Chilahati link.

India-Israel marks 30 years of Diplomatic Ties: Adopts Vision Statement to Boost Defence
Cooperation
Marking the 30th anniversary of the India-Israel diplomatic relations, India and Israel adopted
the “Vision Statement” to strengthen the defence cooperation between India and Israel in the future.
The year 2022 also marks the Israel’s 74th year of Independence.
✓ During his visit to India, Benjamin (Benny) Gantz, Defence Minister, Israel held bilateral talks with
India’s Defence Minister Raj Nath Singh in New Delhi and discussed the defence cooperation.
Benjamin Gantz received a Tri-Service Guard of Honour and he also laid a wreath at National War
Memorial in New Delhi.

GoI to set up ‘PM Shri Schools’ to Prepare Students for Future


Dharmendra Pradhan, Union Minister, Ministry of Education announced that the Government of India is
set to establish “PM Shri Schools” which are fully equipped to prepare the students for future. These
state-of-the-art schools will also act as a laboratory for the New National Education Policy (NEP) 2020.
The announcement was made during the two-day National Education Minister’s Conference held in
Gandhinagar, Gujarat. The conference focused on the implementation of the new NEP 2020.

Delhi airport introduces RFID-enabled tag to track check-in luggage


In a first in India, the Indira Gandhi International Airport in Delhi introduced Radio-Frequency
Identification (RFID) enabled baggage tags which will give passengers real-time information about the

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location of their luggage. The RFID technology will be personalised and help arriving passengers keep
track of their check-in luggage.
✓ The bag tags will be called ‘Bagg Trax’, and it will not only help domestic and international arrival
passengers but also those in transit to track their checked-in baggage.
The tag is a blue-yellow card with a QR code on it. To avail the facility, the passenger will have to
register by scanning the QR code or visit “bag.hoi.in” on their phones.

DAC Chaired by Defence Minister Rajnath Singh Approves Military Modernization Projects
Worth Rs 76,390 Crore
The Defence Acquisition Council (DAC), chaired by Union Minister Rajnath Singh, Ministry of Defence
(MoD), has granted Acceptance of Necessity (AoN) for Armed Forces Capital Acquisition Proposals
worth Rs 76,390 crore.
✓ For the Indian Navy, the DAC accorded AoN for procurement of Next Generation Corvettes (NGC)
for around Rs 36,000 crore.
✓ For the Indian Army, DAC issued new AoNs to procure Rough Terrain Fork Lift Trucks (RTFLTs),
Bridge Laying Tanks (BLTs), Wheeled Armoured Fighting Vehicles (Wh AFVs) with Anti-Tank
Guided Missiles (ATGMs), and Weapon Locating Radars (WLRs) from domestic sources.
For the Indian Air Force, the DAC granted AoNs to Hindustan Aeronautics Limited (HAL)for the
production of Dornier-228 reconnaissance aircraft and Sukhoi-30 Mark (MK) I aero-engines.

National AI Portal Celebrates Its Second Anniversary


The second-year anniversary of ‘National AI Portal (https://indiaai.gov.in)’ is celebrated on May 30,
2022, where AI means Artificial Intelligence. During the event, INDIAai released a book on the basics of
AI titled ‘AI for Everyone’.
✓ The National AI Portal is a joint initiative by the Ministry of Electronics and Information
Technology (MeitY), National e-Governance Division (NeGD) and National Association of Software
and Service Companies (NASSCOM). The IndiaAI portal was launched by then Union Minister of
Electronics and Information Technology, Ravi Shankar Prasad on May 30 2020.
✓ In 2009, the National e-Governance Division was created by the Ministry of Electronics &
Information Technology as an Independent Business Division under the Digital India Corporation.
President & CEO – Shri Abhishek Singh, IAS

India Achieved 10% Ethanol Blending in Petrol Ahead of Schedule: PM Modi


Prime Minister (PM) Narendra Modi, announced that India has achieved the target of 10% ethanol
blending in Petrol 5 months ahead of the original schedule of November 2022.
✓ The announcement was made while addressing a programme on the “Save Soil Movement” at
Vigyan Bhawan, Delhi on the occasion of World Environment Day 2022(June 5, 2022).
✓ Ministry of Petroleum and Natural Gas (MoPNG) has announced that by April 2023, 20% ethanol-
blended petrol will be available at select petrol pumps in India and it will be progressively spread
to other parts.
India is the world’s 5th largest producer of ethanol after the US, Brazil, European Union (EU) and China.

MoHFW commenced the 2 months long “Har Ghar Dastak campaign 2.0”
The Ministry of Health and Family Welfare (MoHFW) has commenced the 2 month
long “Har Ghar Dastak campaign 2.0” to accelerate the pace and coverage of COVID19 vaccination
across all eligible age groups across States and Union territories (UTs) of India. ‘Har Ghar Dastak 2.0’
will be implemented from 1st June 2022 to 31st July 2022.
Objective: To vaccinate and cover the eligible population groups for 1st, 2nd and precaution doses
through door-to-door campaigns.

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✓ This focus on improving sub-optimal coverage of persons aged ≥ 60years with precaution dose,
slower speed of coverage in the 12-14 years cohort by focussed campaigns for old age homes,
schools/colleges including out-of-school children, prisons, brick kilns and others.

‘eSanjeevani’ Integrated with NHA’s Ayushman Bharat Digital Mission


National Health Authority (NHA) announced that the ‘eSanjeevani’
(https://esanjeevani.in/) telemedicine service of Ministry of Health and Family Welfare (MoHFW)
has been integrated with its flagship scheme – Ayushman Bharat Digital Mission (ABDM).
✓ The announced integration would allow the existing users of eSanjeevani, the telemedicine service
of Ministry of Health and Family Welfare (MoHFW) to easily create their Ayushman Bharat Health
Account (ABHA).
✓ eSanjeevani Portal is developed by Centre for Development of Advanced Computing (C-DAC), a
premier R&D organization of the Ministry of Electronics and Information Technology (MeitY). It
comes in 2 variants: eSanjeevani AB-HWC (Ayushman Bharat-Health and Wellness Centre) &
eSanjeevani OPD.

PMBI Crossed Rs 100 Crore Sales in May 2022 for 1st Time; Highest Ever Monthly Sales
Pharmaceuticals & Medical Devices Bureau of India (PMBI), the implementing agency of Pradhan
Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), has crossed a sales turnover of Rs 100 crores in May
2022(for the first time).
✓ This is the highest ever monthly sales record by PMBI. This has in turn saved around Rs 600 crores
for Indian citizens. More than Rs. 15,000 Crore have been saved by the general public under this
Pariyojana in the last 5 years. In May 2021, during the COVID-19 second wave period, the total
sales were Rs. 83.77 crore.
✓ The Government of India has targeted to increase the number of Pradhan Mantri Bhartiya
Janaushadhi Kendras (PMBJKs) to 10000 by March 2024. As of May 2022, the number of PMBJKs
stands at 8735 across 739 districts across India.

BRO’s Project Vartak Completed Excavation of Nechiphu Tunnel in Arunachal Pradesh


Project Vartak of Border Roads Organisation (BRO) has completed the excavation of the Nechiphu
Tunnel in Arunachal Pradesh the last blast was virtually initiated by Lt Gen Rajeev Chaudhry Director
General Border Roads (DGBR).
✓ The 500-meter Nechiphu tunnel along Balipara-Charduar-Tawang (BCT) Road (between Km
82.00 to 88.00) at an altitude of 5700 feet is being constructed by BRO.
This D-shaped, Single Tube Double Lane Tunnel, with modern lighting and safety facilities, will
accommodate two-way traffic.

Supreme Court of India Recognised Sex Work as a “Profession”


The Supreme Court of India has recognised sex work as a “Profession”, whose practitioners are
entitled to dignity and equal protection under the law.
✓ The 3-judge bench led by Justice L. Nageswara Rao directed an order passed after invoking
special powers under Article 142 of the Constitution.
✓ Section 354C, Indian Penal Code (IPC), introduced in 2020, makes voyeurism a criminal offence,
should be strictly enforced against electronic media, in order to prohibit telecasting photos of sex
workers with their clients in the garb of capturing the rescue operation
✓ The court has stated that police should neither interfere nor take criminal action against adult and
consenting sex workers. The court also stated that a child of a sex worker should not be separated
from the mother on the ground that she is in the sex trade.

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GoI Targets to increase Coal Gasification to 100 million Tonnes by 2030


While addressing the National Mineral Congress held in Bhubaneswar, Odisha, Vinod Kumar
Tiwari, Additional Secretary, Ministry of Coal, highlighted that the government of India (GoI) has set a
target to increase coal gasification to 100 million tonnes (MT) by 2030.
✓ He also stated that GoI has also prepared a National Mission document to achieve 100 MT Coal
Gasification by 2030.
✓ Coal Gasification is considered a cleaner option compared to the burning of coal and gasification
facilitates the utilisation of the chemical properties of coal.

India to introduce c-TB ‘made in India’ skin test for TB


Mansukh Mandaviya, Union Minister, Ministry of Health & Family Welfare (MoHFW) stated that India
will introduce c-TB, a newly approved, cost-effective “Made in India” Tuberculosis (TB) infection skin
test. This new tool will also benefit the other high burden countries.
✓ He also stated that the government will also launch a new initiative “Adopt people with TB”, based
on Indian values of collectivism. This will call upon the corporates, industries, organisations,
political parties and individuals to adopt and offer nutritional and social support to TB-infected
people and family.

Nitin Gadkari Targets to Construct 60 Km of Highway Per Day; NHAI sets new Guinness World
Record
Union Minister for Road Transport and Highways Nitin Gadkari announced the target of
constructing 60 kilometres of highway per day.
✓ Due to COVID-19 pandemic and logistics cost the construction was slowed down to 28.64 km a day
in 2021-22 by India’s national highway construction.
✓ On 8th June 2022, NHAI created a new Guinness world record in laying 75 km, in under 5
days, of bituminous concrete in a single lane on NH53 between Amravati to Akola
Districts in 105 hours and 33 minutes.

GoI Forms Inter-Ministerial Panel to Regulate Online Gaming Industry


The government of India (GoI) has established a 7-member inter-ministerial panel to work on
regulations for the online gaming industry and identify a nodal ministry to monitor and look after the
online gaming sector.
✓ The panel includes Amitabh Kant, CEO of Niti Aayog along with secretaries of Home Affairs,
Revenue, Industries and Internal Trade, Electronics and Information Technology, Information and
Broadcasting and Sports.
The panel will assess various aspects to promote online gaming and frame regulatory mechanisms for
online gaming, protection of gamers, and ease of doing business, among others.

GoI Approves New Guidelines for Scheme to Promote MSMEs in NER And Sikkim
the Government of India (GoI) has approved new guidelines of Central Sector Scheme (CSS) ‘Promotion
of MSMEs in North Eastern Region and Sikkim’ which will be implemented during 15th Finance
Commission Cycle (2021-22 to 2025-26).
✓ The scheme envisages providing financial support for enhancing the productivity and
competitiveness as well as capacity building of Micro, Small and Medium Enterprises (MSMEs) in
the North Eastern Region (NER) and Sikkim.
✓ Under this, maximum financial support to state governments for setting up new and modernizing
existing Mini Technology Centres has been increased from Rs 10 crore to Rs 13.50 crore as 90%
of the project cost. The projects with total project cost more than Rs. 15.00 crore, will also be
considered.

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Central Government financial assistance will be provided for the development of new and existing
Industrial Estates and Flatted Factory Complexes. The financial assistance of the Government will be
90%.

Delhi Customs Inaugurates Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram, Haryana
Surjit Bhujabal, Chief Commissioner, Delhi Customs Zone, inaugurated the Project ‘NIGAH’ at Inland
Container Depot (ICD) Garhi Harsaru, Gurugram, Haryana. Project ‘NIGAH’ is an initiative to track
containers by using ICTM (ICD Container Tracking Module) which will enable better visibility of the
container movement inside the ICD.
✓ This will assist Customs to expedite long standing containers and monitor timely clearances and
enhance Ease of Doing Business along with ensuring lead preventive checks.
ICTM was developed in collaboration with M/s. Gateway Rail Freight Limited (GRFL).

Maruti Suzuki Installs Asia’s largest 20 MWp carport type Solar Plant at Manesar, Haryana
Maruti Suzuki India Limited, a subsidiary of Suzuki Motor Corporation (Japan), has installed Asia’s
largest 20-MegaWatt Peak (MWp) carport-type solar power plant at its Manesar facility in Gurugram,
Haryana. The Manesar facility will produce 28,000-MegaWatt Hour (MWh) per annum of solar power.
The 20 MWp car-port style solar power plant is designed with the lowest area per unit of power
generation using the East-West direction concept. This maximises power generation using minimum
land.

Railway Protection Force rescues 150 girls, women under Operation Mahila Suraksha
During Operation Mahila Suraksha, the Railway Protection Force (RPF), a security force under the
Indian Railways, has rescued 150 women, including many girls, from becoming victims of human
trafficking.
✓ The pan-India drive “Operation Mahila Suraksha” was launched from 3rd to 31st May 2022 which
aims to ensure the safe and secure travel of women over the Indian railways.
Meri Saheli, is another pan India initiative with an objective of providing enhanced safety and security
to lady passengers for their entire journey is also operational.

MoPSW Engages Young Professionals through Sagarmala Young Professional Scheme


The Ministry of Ports, Shipping and Waterways (MoPSW) has formulated the Sagarmala Young
Professional scheme to engage talented, forward-thinking and dynamic young professionals in various
divisions of the MoPSW.
✓ This scheme focuses on active on-the-ground learning for young professionals and also involves
them in decision making.
Initially, more than 25 young professionals will be hired under this scheme and the initial period of
engagement shall be 2 years which can be extended to additional 2 years on the basis of performance.

SMV Railway Terminal: India’s 1st Centralised AC Railway Terminal in Bengaluru Becomes
Operational
On 6th June 2022, The one-of-its-kind airport-like Sir M Visvesvaraya(SMV) Railway Terminal at
Baiyappanahalli, Bengaluru, Karnataka, India’s 1st centrally air-conditioned (AC) railway terminal,
became operational.
✓ The Ernakulam Tri-Weekly Express to Ernakulam, Kerala, became the first train to depart from the
station.

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Ministry of Defence approves funding under DRDO’s TDF scheme to Rs 50 crore for MSMEs,
start-ups
Union Minister of Defence Rajnath Singh has approved enhancement of funding under Technology
Development Fund (TDF) scheme, Ministry of Defence, to Rs 50 crore from Rs 10 crore per project.
The scheme was executed by the Defence Research and Development Organisation
(DRDO) and supports indigenous development of components, products, systems and technologies by
MSMEs and start-ups.

Hyper-Sensitive Airports to Install PIDS By 2023; Indigo & American Airlines


Launches Codeshare Agreement
As per the circular provided by The Bureau of Civil Aviation Security (BCAS), all ‘hyper-sensitive’
airports need to install a Perimeter Intrusion Detection Systems (PIDS) by December 2023, which
helps in alerting security agencies of any intrusion through the boundary walls of the airport.
✓ Greenfield airports that are not part of the government’s Regional Connectivity Scheme (RCS) will
also install PIDS.
IndiGo and American Airlines have launched a codeshare agreement that allows American Airlines to
sell seats on the IndiGo’s flights operating on Delhi-Bengaluru and Delhi-Mumbai routes.
The plan to extend the codeshare agreement in the near future includes more destinations in India, in
addition to Bengaluru and Mumbai.

TDB under DST to Launch RS 1000 Crore Startup Funder under PPP Model
The Technology Development Board (TDB), a statutory body under the Department of Science and
Technology (DST), Ministry of Science and Technology is set to launch a Rs 1000 crore fund under a
Public-Private Partnership (PPP) model. Its objective is to invest in startups across several sectors. The
fund will also invest in early-stage start-ups. The fund will be launched in 2 phases.

Tata Power Solar Commissions India’s Largest Floating Solar Power Project in Kerala
Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned India’s
largest floating solar power project in Kayamkulam, Kerala on a 350-acre water body, backwaters area
with an installed capacity of 101.6-Megawatt (MW) Peak.
✓ This project is the first one in the Floating Solar Photovoltaic (FSPV) through Power Purchase
Agreement category.
✓ The entire project floats on the waterbed of Kerala backwater using 134 cast pile foundations that
are bored to a depth of 20 metres underwater to support the Central Monitoring and Control
Stations (CMCS) and the 33/220 kilovolts switchyard.
Tata Power Solar: President, CEO – Ashish Khanna; HQ – Mumbai, Maharashtra

Govt extends GST compensation levy till March 2026


The Ministry of Finance has extended the period for levy and collection of cess under sub-section (1) of
Section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 under 28% slab by nearly 4
years from July 1, 2022 to March 31, 2026.
✓ These rules may be called the Goods and Services Tax (Period of Levy and Collection of Cess)
Rules, 2022.
✓ The compensation cess, levied on luxury and demerit goods, will continue to be collected till
March 2026 to repay the borrowings that were done in 2020-21 and 2021-22 to compensate
states for GST revenue loss.
Cess is levied on certain goods such as fossil fuel-based automobiles which fall into the category of 28%
and collected in a fund called compensation fund.

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IN-SPACe Authorises India’s First Set of Space Start-Ups to Launch Payloads


The Indian Space Promotion and Authorisation Centre (IN-SPACe) headquartered at Ahmedabad in
Gujarat, has authorised two Indian private firms, Dhruva Space Private Limited in Hyderabad
(Telangana) and Digantara Research and Technologies Private Limited in Bengaluru (Karnataka), to
launch their payloads into space.
✓ They are the first set of space start-ups to receive the authorization, signalling the commencement
of private space sector launches in India.
The payloads would be launched by the PSLV Orbital Experimental Module (POEM) of Polar Satellite
Launch Vehicle (PSLV)-C53 (PSLV-C53) on June 30, 2022. Click here to read more.

GOVT SCHEMES
Union Government extended PMEGP till FY26 with an outlay of Rs 13,554.42 crore
On May 30 2022, The Prime Minister’s Employment Generation Programme (PMEGP) was extended for
continuation till the financial year (FY) 2025-26 with the total outlay of approx. Rs 13,554.42 crore,
with an aim of creating sustainable employment opportunities for about 40 lakh persons in five
financial years.
✓ The extension of the scheme is over the 15th Finance Commission Cycle for five years from 2021-
22 to 2025-26. All the States and Union Territories will be covered under the Scheme.
✓ The Prime Minister’s Employment Generation Programme (PMEGP) is the flagship scheme of the
Ministry of Micro, Small & Medium Enterprises (MSME) implemented to facilitate generation of
employment opportunities for unemployed youth across the country by assisting the setting up of
micro-enterprises in the non-farm sector. Click here to read more about Prime Minister’s
Employment Generation Programme

PM Releases Benefits Under ‘PM CARES For Children Scheme’ For Kids who lost parents to
COVID-19 Pandemic
Prime Minister (PM) Narendra Modi released benefits under the ‘PM CARES For Children’ scheme via
video conferencing. The Prime Minister launched the PM CARES for Children Scheme on May 29,
2021.
✓ It aims to help children who have lost both their parents or legal guardians, adoptive parents, or
surviving parents as a result of the COVID-19 pandemic between March 11th, 2020, and February
28th, 2022.
✓ The Ministry of Women and Child Development (MoWCD) has been tasked with implementing
the PM CARES for Children scheme in partnership with stakeholder Ministries, States, and District
Administration.
✓ The government has created an online portal, http://pmcaresforchildren.in/, to register
children. The portal is a single-window system that streamlines the approval procedure and all
other assistance for children under the scheme. Click here to read more about PM CARES for
Children Scheme

7th Anniversary of Pradhan Mantri Awas Yojana-Urban celebrated by MoHUA


On June 24, 2022, the Ministry of Housing and Urban Affairs (MoHUA) organised a virtual event to
celebrate 7 years of Pradhan Mantri Awas Yojana-Urban (PMAY-U) to highlight the important initiatives
implemented under PMAY-U Mission. The event was presided by Shri Manoj Joshi, Secretary, MoHUA.
✓ An e-Book ‘7 years of PMAY(U) 2015-2022’ was released by Secretary, MoHUA which is a
compendium encapsulating the evolution and achievements of PMAY(U).

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✓ The winners of Khushiyon Ka Aashiyana Short Film Contest, which was launched by MoHUA as
part of Azadi ka Amrit Mahotsav celebrations, were also declared.
Pradhan Mantri Awas Yojana (Urban) Mission launched on 25th June 2015 which intends to provide
housing for all in urban areas by year 2022. Click here to read more

Swachh Bharat Mission- Urban 2.0 launches Revised Swachh Certification Protocols
Swachh Bharat Mission (SBM)-Urban 2.0, which is being implemented by the Ministry of Housing and
Urban Affairs (MoHUA), has launched the Revised Swachh Certification Protocols for ODF (Open
Defecation Free), ODF+, ODF++, and Water+ certifications.
✓ The launch event was followed by the third episode of SwachhTalks, namely ‘Swachh
Certifications: The Face of Urban Transformation’, the SBM’s flagship initiative to promote peer
learning of Cities and States.
The government launched Swachh Bharat Mission (Urban) on October 2, 2014. It had two primary
components of implementation: i. Achieving 100 per cent open defecation-free (ODF) status & ii. 100
per cent scientific processing of solid waste.

NHA Launches ABDM Public Dashboard for Real-Time Information Sharing


The National Health Authority (NHA) under its flagship scheme of Ayushman Bharat Digital Mission
(ABDM) launched ABDM public dashboard for real-time information sharing and to act as a one-stop
solution for information on the ABDM’s progress at state or Union Territory (UT) level.
✓ The dashboard will display information on core registries under the mission such as – Ayushman
Bharat Health Account (ABHA) numbers, Healthcare Professionals Registry (HPR) and Health
Facility Registry (HFR). The ABDM is built on the core principles of accessibility, transparency,
inclusivity and interoperability.
✓ The ABHA number generation facility is also available via several popular digital health
applications like CoWIN, Pradhan Mantri Jan Arogya Yojana (PMJAY), Aarogya Setu, Government
of Andhra Pradesh, e-Sushrut Railway Hospital, etc.

Government Of India Hikes Premium Rates for Flagship Insurance Schemes PMJJBY & PMSBY
For the First Time In 7 Years
The Government of India (GoI) has hiked the insurance premium rates for the Pradhan Mantri Jeevan
Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) to make them
economically viable.
✓ The revision in premium rates is the first in seven years since the schemes’ commencement in
2015. The revised premium rates will be effective from June 1, 2022.
✓ The premium rates for both schemes have been revised by making it Rs 1.25 per day, that includes
revising PMJJBY from Rs. 330 per annum to Rs. 436 per annum and PMSBY from Rs. 12 per annum
to Rs. 20 per annum.
✓ The PMJJBY is a renewable one-year life insurance scheme that provides death coverage.
✓ The PMSBY is a one-year renewable personal accident insurance policy that covers death or
disability caused by an accident. The insurance coverage period runs from June 1 to May 31. Click
here to read more about the revised rates of the schemes

“SHRESHTA” Scheme for Meritorious Students of Scheduled Castes Launched by MoSJE Minister
Dr. Virendra Kumar
Union Minister Dr. Virendra Kumar, Ministry of Social Justice and Empowerment (MoSJE), launched
the Scheme for Residential Education for Students in High Schools in Targeted Areas
(SHRESHTA) on June 3, 2022, at an event in Noida, Uttar Pradesh.

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✓ SHRESHTA was created in response to the Constitutional mandate to provide quality education
and opportunities for even the poorest Scheduled Caste (SC) students.
✓ The scheme will provide meritorious poor students from SC communities, whose parental income
is less than Rs. 2.5 lakh per annum, with free access to a high-quality education (from Class 9 to
12).
✓ The scholarships will be funded by GoI, which will cover the school fee (including tuition) and
hostel fee (including mess charges) via Direct Benefit Transfer (DBT). Click here to read more
about SHRESHTA Scheme

NHA’s Ayushman Bharat PM-JAY Public Dashboard Gets Revamped with New Features
The National Health Authority (NHA) under its flagship scheme of Ayushman Bharat Pradhan Mantri
Jan Arogya Yojana (AB PM-JAY) announced the release of its revamped public dashboard that provides
a transparent view about the progress of the scheme and implementation data in a comprehensive
manner at both national and state level.
✓ Aim: To provide key information about the PM-JAY’s progress through real-time data and analysis
on a day-to-day basis.
PM-JAY was launched in September 2018, with an aim to offer secondary and tertiary care services to
the vulnerable population in the society. It offers medical coverage of Rs. 5 lakh (US$ 6.63 thousand)
per family.

Govt Launches PMMSY dashboard; Investment of around Rs 7,243 cr done


Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala launched a
Management Information System (MIS) dashboard for Padhan Mantri Matsya Samapada Yojana
(PMMSY) for aggregating information on one platform.
✓ The project investment of Rs 7,242.90 crore has been made in the Financial Years 2020 to
2022(FY20-22) under PMMSY.
✓ The objective of PMMSY-MIS is to monitor the PMMSY scheme activities and their progress in all
participating States/Union Territories (UTs) & to strategically utilise the information for informed
decision-making.
India aims to double marine product exports to Rs.1 lakh crore in the next 5 years from the present
around Rs 50,000 crore.

UDAN celebrates 2022 as its 5th Anniversary Year


Central Government scheme Ude Desh ka Aam Naagrik (UDAN) i.e., let the country’s common man fly, is
celebrating its fifth anniversary in 2022. This first of its kind scheme, headed by the Ministry of Civil
Aviation (MoCA), stimulates Regional Connectivity Scheme (RCS) through a market-based
mechanism. UDAN in Hindi means “flight”
✓ The Airports Authority of India (AAI) is its implementing agency.
✓ Launched in October 2016, it is a regional airport development programme of upgrading
underserved air routes. It makes regional air connectivity affordable through: Concessions by
Central Government, State Governments and airport operators & Financial (Viability Gap Funding
or VGF) support.
It is a key component of National Civil Aviation Policy, 2016. Click here to read more.

Agnipath Scheme: Govt Increased Upper Age Limit to 23 years; Defence Minister approves 10%
reservation of jobs for Agniveers
Amid the protest against Agnipath Scheme (to recruit soldiers only for 4 years), The government of
India (GoI) has granted a one-time waiver for the proposed recruitment cycle for 2022 and

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increased the upper age limit for the recruitment process for Agnipath Scheme for 2022 from 21
years to 23 years.
✓ Previously, on the commencement of the scheme the entry age for all new recruits has been fixed
as 17 and half to 21 years of age.
The 10% reservation will be implemented in the Indian Coast Guard (ICG) and defence civilian posts,
and all the 16 Defence Public Sector Undertakings (PSUs)

AP CM Launches YSR Yantra Seva Scheme & Flagged off State Level Distribution of Tractors
Andhra Pradesh (AP) Chief Minister (CM) YS Jagan Mohan
Reddy launched YSR Yantra Seva Scheme and flagged off the distribution of tractors and combine
harvesters at Chuttugunta Centre in Guntur, Andhra Pradesh. It was under YSR Yantra Seva
Pathakam scheme.
✓ Funds – A subsidy of Rs. 175 crores have been credited into 5,260 farmer group bank accounts.
✓ CM inaugurated the Jindal Waste to Energy Plant in Kondaveedu of Palnadu district in AP and
unveiled the pylon installed at the plant.
AP: Governor – Biswabhusan Harichandan; Wildlife Sanctuary – Sri Lankamalleswara WildLife
Sanctuary, Krishna Wildlife sanctuary

Tamil Nadu CM Launches Ennum Ezhuthum scheme to Fill Learning Gap


Tamil Nadu (TN) Chief Minister (CM) Muthuvel Karunanidhi Stalin (MK Stalin) launched the Ennum
Ezhuthum Scheme at an event in Azhinjivakkam panchayat union middle school, Tiruvallur, TN to
bridge the learning gap occurred due to COVID-19 pandemic among students aged below 8. It aims to
ensure foundational literacy and numeracy by 2025.
✓ The education department will distribute workbooks to students from Classes 1 to 3 to assess
and bridge the learning gap, and will be trained in 3 subjects – Tamil, English and Mathematics.
✓ CM had already announced a free breakfast scheme for primary school children and a nutrition
scheme for malnourished children.
TN: Governor – R N Ravi; Dance – Kolattam, Kuravanji, Devaraattam; Lakes – Chembarambakkam
lake, Kaliveli lake, Kolavai Lake.

Garib Kalyan Rojgar Abhiyaan Completes Two Years


The Government of India launched Garib Kalyan Rojgar Abhiyaan (GKRA) on 20th June in 2020 for a
period of 125 days with a resource envelope of 50,000 crore rupees to boost employment and
livelihood opportunities for returnee migrant workers in the wake of COVID-19 pandemic. The scheme
has completed 2 years in 2022.
✓ The Ministry of Rural Development is the nodal Ministry and is implemented in close coordination
with the State Governments.
✓ The scheme enhances long term livelihood opportunities by giving focus on 25 works in 116
selected districts across six states Bihar, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar
Pradesh.
A total of 12 Ministries and Departments of Government of India participated in GKRA and a total of
50.78 crore person-days employment was generated.

Karnataka Launches ‘Kashi Yatra’ Scheme for Pilgrims


On 27th June 2022 Karnataka government launched ‘Kashi Yatra’ with a project outlay of Rs. 7 crore.
The project provides Rs 5,000 cash assistance to each of the 30,000 pilgrims, who are willing to take
up a pilgrimage to Kashi Vishwanath Temple in Varanasi, Uttar Pradesh (UP). The fund was sanctioned
for the scheme under the accounts head of ‘Assistance to Manasa Sarovara Pilgrims’

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✓ Pilgrims who are willing to avail the benefit must be the native of Karnataka and have to furnish
the proof of domicile of origin of Karnataka. Applicants should be above 18 years and must
provide a valid age proof.
Karnataka: Governor – Thawar Chand Gehlot; Festivals – Ugadi, Sankranti, Vairamudi Festival;
Stadium – Karnataka State Hockey Association (KSHA) Hockey Stadium, Hosamani Siddappa District
Stadium.

INTERNATIONAL AFFAIRS
Central African Republic becomes 2nd country to adopt Bitcoin as legal tender
Central African Republic (CAR) becomes the 2nd country in the world, after El Salvador, to adopt
Bitcoin as legal tender. CAR also became the first African country to adopt Bitcoin as its official
currency.
✓ CAR has adopted bitcoin as legal tender along with the existing fiat currency, the Central African
Franc (CAF) and established a legal and regulatory framework for cryptocurrencies on 27th April
2022.
The CAF, governed by the Bank of Central African States (BEAC) is the official currency of 6 countries
including the Central African Republic. CAR’s parliament has adopted a bill to govern the use of
cryptocurrency.

UN Agrees to Change Turkey’s Official Name to ‘Türkiye’


The United Nations (UN) has approved to recognise the Republic of Turkey as ‘Türkiye’,
pronounced “tur-key-YAY”, following the request from the government of Turkey. “Türkiye” will now
be used in all foreign languages and the country’s full official name will be “Republic of Türkiye”.
✓ Turkish President Recep Tayyip Erdogan noted that Türkiye is the best representation and
expression of the Turkish people’s culture, civilization and values.
✓ The use of the word Turkey dates back to the 14th century when the Latin term “Turchia/Turquia”
meant “the land of Turks”.
✓ Later the Latin name was transformed into “Türkiye” in Turkish, Turkey in English, “Turkei” in
German and “Turquie” in French. After the declaration of independence in 1923, the country called
itself ‘Türkiye’
Turkey: President– Recep Tayyip Erdoğan; Capital– Ankara; Currency- Turkish lira

UNGA adopts India Sponsored Multilingualism Resolution; Mentions Hindi for the 1st Time
On 10th June 2022, the United Nations General Assembly (UNGA) adopted a resolution on
multilingualism, co-sponsored by India, that mentioned the Hindi language for the first time. The
resolution also mentions Bangla and Urdu for the first time.
✓ The resolution encourages the UN to continue to spread awareness about the importance of
communications and messages in official as well as non-official languages such as Portuguese,
Kiswahili, Hindi, Persian, Bangla, and Urdu, in addition to the 6 official languages (Arabic,
Chinese, English, French, Russian and Spanish), in order to promote multilingualism.
India has been partnering with the UN Department of Global Communications (DGC) since 2018, by
providing an extra-budgetary contribution to mainstream and consolidate news and multimedia
content in the Hindi language. In 2018, as a part of these efforts Hindi @ UN was launched.

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Mongolia’s Khuvsgul Lake & 10 Biosphere Reserves Added Newly To UNESCO World Network
of Biosphere Reserves
The 34th session of the International Co-ordinating Council (ICC) of the Man and the Biosphere
(MAB) Programme of the UNESCO held at UNESCO headquarters in Paris, France from 13th to 17th
June 2022 approved to add 11 new biosphere reserves in 9 countries to the United Nations
Educational, Scientific and Cultural Organization (UNESCO) World Network of Biosphere
Reserves.
✓ The council has also extended 2 existing biosphere reserves in Spain: El Hierro Biosphere
Reserve and Sierra del Rincón Biosphere Reserve.
The 11 new biosphere reserves:
S.No. Country Biosphere Reserve
1 Australia Sunshine Coast Biosphere
2 Cameroon Doumba-Rey
3 Chad Sena Oura
4 Georgia Dedoplistskaro and Three Alazani Rivers
5 Kazakhstan Markakol Biosphere Reserve and
Burabay
6 Mongolia Khuvsgul Lake
7 Saudi Arabia Harrat Uwayrid
8 Zambia Kafue Flats
9 Zimbabwe Chimanimani
Click here to read more.

Ecuador, Japan, Malta, Mozambique, Switzerland Elected to Serve as Non-Permanent


Members On UNSC
The United Nations General Assembly (UNGA) elected Ecuador, Japan, Malta, Mozambique, and
Switzerland to serve as non-permanent members of the United Nations Security Council (UNSC) for a
two-year term beginning January 01, 2023. They will replace India, Ireland, Kenya, Mexico, and Norway,
which will vacate their seats at the end of 2022.
✓ A total of 15 countries makes up the United Nations Security Council. China, France, Russia, the
United Kingdom (UK), and the United States (US) are the five permanent members (Permanent
Five (P5) members), with veto power.
The five newly-elected countries will join Albania, Brazil, Gabon, Ghana and the United Arab Emirates
(UAE) around the Security Council’s signature horseshoe table.

NY Legislature Passes World’s First ‘Right to Repair’ Law for Digital Electronics
The New York (NY) State Legislature in the United States (US) has passed the world’s first ‘Right to
Repair’ law that allows digital electronics manufacturers to make parts, tools, information, and
software available to consumers and independent repair shops.
✓ The Digital Fair Repair Act would require manufacturers of digital electronics like cellphones and
computers to make diagnostic and repair information and parts available for sale to independent
repairers.
✓ It does not include motor vehicles, home appliances, medical devices, public safety
communications equipment like police radios, agricultural equipment, and off-road equipment.
✓ US: President – Joe Biden; Capital – Washington DC; Currency – United States Dollar (USD)

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25th Foundation Day of BIMSTEC celebrated in Dhaka, Bangladesh – June 6th 2022
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) celebrated
the Foundation Day of BIMSTEC 2022 or BIMSTEC Day 2022 on 6th June 2022 in Dhaka,
Bangladesh.
✓ 6th June 2022 also marks the celebration of the 25th foundation Day of BIMSTEC, Silver Jubilee
Anniversary (25th anniversary) of the foundation of BIMSTEC. It was founded on June 06, 1997
through Bangkok Declaration.
✓ A publication titled “25 Years of BIMSTEC – Towards a Peaceful, Prosperous and Sustainable
Bay of Bengal Region” was released during the event.
✓ BIMSTEC is a regional organization comprising seven Member States: Bangladesh, India, Sri Lanka,
Thailand, Myanmar, Nepal & Bhutan.

European Parliament votes to ban the sale of new petrol and diesel cars by 2035
The European Parliament approved a proposal made by the European Commission in 2021 to ban the
sale of new petrol and diesel cars by 2035 to fight against climate change through the faster
development of electric vehicles.
✓ The vote was held on an amendment which upholds a key pillar of the European Union’s (EU)
plans to cut net planet-warming emissions 55 percent by 2030, from 1990 levels.
✓ The EU assembly voted in Strasbourg, France (Headquarters of European Parliament) to require
automakers to cut carbon-dioxide emissions by 100 percent by the middle of the next decade.
The mandate would amount to a prohibition on the sale in the 27-nation EU of new cars powered by
gasoline or diesel.

India, Israel, UAE & US Form New I2U2 Grouping: I2U2’s First Virtual Summit to Be Held in July
2022
The United States of America (USA) has announced the formation of I2U2, a new group that includes
India, Israel, the USA, and the United Arab Emirates (UAE).
✓ The new grouping is known as “I2U2,” with “I” standing for India and Israel and “U” standing for
the USA and the UAE. It was given the name International Forum for Economic Cooperation and is
commonly known as the “West Asian Quad”, was an outcome of the Abraham Accords that paved
the way for trilateral collaboration between India, Israel and the UAE.
US President Joe Biden will host the first-of-its-kind virtual summit of I2U2 during his visit to West Asia
from July 13 to 16, 2022 with Indian Prime Minister (PM) Narendra Modi, Israel’s PM Naftali Bennett,
and UAE President Mohammed bin Zayed Al Nahyan.. Click here to read more.

EU Recommends Candidate Status for Ukraine & Moldova


The European Commission has recommended that Ukraine and Moldova be granted European Union
(EU) candidate status, paving the way for them to progress from former Soviet republics to developed
economies in the world’s largest trade bloc, the EU. European Commission President Ursula von der
Leyen announced the recommendation.
✓ Leaders of the EU will discuss Ukraine’s, Georgia’s, and Moldova’s bids for EU membership in light
of the European Commission’s opinions at the European Council on June 23 and 24, 2022, in
Brussels, Belgium.
✓ Due to a domestic political crisis, the Commission imposed conditions on Georgia’s candidacy for
membership.
Moldova: President – Maia Sandu; Capital – Chisinau; Currency – Moldovan Leu (MDL)

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Pakistan Stays on FATF ‘Grey List’ Subject to On-site Verification


According to the June 2022 plenary session of the Financial Action Task Force (FATF) which held in
Berlin, Pakistan will continue to be on the ‘Grey List’ of countries under increased monitoring of the
FATF, a Paris (France)-based international money laundering and terrorist financing watchdog. It
added Pakistan to the Grey List in 2018.
✓ FATF Grey list is composed of countries with a high risk of money laundering and terrorism
financing but which have formally committed to working with the task force to make changes.
FATF removed Malta from its “grey list” but added Gibraltar.
✓ North Korea and Iran are the only two countries on FATF black list.
✓ FATF: President – Dr. Marcus Pleyer; HQ: Paris, France

IAEA Launches ISEMIR for Workers Safety to Naturally Occurring Radioactive Material
The International Atomic Energy Agency (IAEA) has launched a new database of the Information
System on Occupational Exposure in Medicine, Industry and Research (ISEMIR), that targets workers in
industrial processes involving naturally occurring radioactive material (NORM), which can be termed
as ISEMIR-N.
Globally, there are over 24 million workers in various industries such as mining, oil and gas production,
mineral sands, water treatment, metal refining and recycling, phosphate production, and geothermal
energy, who are monitored to ensure radiation safety as they are exposed to NORM.

China’s navy has the world’s largest fleet- To build a naval facility in Cambodia
China is secretly building a naval facility on the northern portion of Cambodia’s Ream Naval Base that
would help extend its military’s currently limited reach in foreign waters.
China commands the world’s largest naval fleet with more than 350 vessels compared to the US Navy
has 296 ships and submarines. China currently has only one foreign naval base at Djibouti in East Africa.

Two African Nations Gabon & Togo Join the Commonwealth Group of Nations
The two African countries, Gabon and Togo, were admitted to the Commonwealth of Nations, as its
55th and 56th members, respectively, at the Commonwealth Heads of Government Meeting
(CHOGM) 2022, held in Kigali, the capital of Rwanda, from June 20 to June 25, 2022, under the new
chairmanship of Rwandan President Paul Kagame.
✓ Gabon and Togo were historically French colonies which have never been British colonies.
Rwanda was the last country to join the Commonwealth in 2009.
✓ 26th Commonwealth Heads of Government Meeting (CHOGM 2022) was held under the
theme: “Delivering a Common Future: Connecting, Innovating, Transforming”.
✓ Gabon: Capital– Libreville; Currency– Central African CFA franc
Togo: Capital– Lomé; Currency– West African CFA franc.

VISITS
INDIAN VISITS
PM Narendra Modi visited Bengaluru to inaugurate Various Projects; participates in Mass Yoga
Demonstration
On June 20-21, 2022, the Prime Minister (PM) of India, Narendra Modi was on a two-day visit to
Bengaluru, Karnataka to lay the foundation stone of multiple rail and road infrastructure projects worth
over Rs 28000 crore.

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✓ He also led the Mass Yoga Demonstration at Mysore Palace ground, Mysuru on the occasion of 8th
International Day of Yoga (June 21, 2022) which was held on the theme ‘Yoga for Humanity’.
✓ It was organized by Ministry of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and
Homeopathy), and the Government of Karnataka.
✓ Dedicated to the Nation, India’s first Air-Conditioned Railway Station – Sir M Visvesvaraya
Railway Station at Baiyappanahalli, which is developed on the lines of a modern airport at a total
cost of around Rs 315 crore. Click here to read more.

FOREIGN VISITS
Visit Of Vice President of India Venkaiah Naidu to Gabon, Senegal and Qatar
Vice President (VP) of India M Venkaiah Naidu paid a visit to Gabon, Senegal and Qatar from 30 May-07
June 2022. This was India’s first visit to all three countries at the level of Vice President. In addition, this
was India’s first-ever high-level visit to Gabon and Senegal.
✓ His visit to Senegal coincided with the 60th anniversary of diplomatic relations between India and
Senegal.
✓ India and Gabon are both non-permanent members of the United Nations Security Council, with
terms ending in December 2022.
✓ His visit to Qatar comes as the two countries prepare to commemorate the 50th anniversary of
their diplomatic relations.
✓ India has sought support form Gabon & Senegal, in its candidacy for President of the International
Fund for Agricultural Development (IFAD), elections for which will be held on July 7, 2022. Click
here to read more

EAM of India S. Jaishankar visits Slovakia & the Czech Republic


Dr Subrahmanyam Jaishankar, External Affairs Minister (EAM) of India visited Slovakia on 2nd-3rd
June 2022 and met H.E. Mr Ivan Korčok, Minister of Foreign and European Affairs of Slovakia. This is the
first-ever visit at the EAM level since the creation of Slovakia in 1993.
✓ He took part in the 17th edition of the Bratislava Forum “GLOBSEC 2022 Bratislava Forum” in
Bratislava, Slovakia & addressed the forum on the topic of “Taking Friendship to the Next Level:
Allies in the Indo-Pacific Region”.
He has the Czech Republic on 4th-5th June 2022 and met H.E. Mr Jan Lipavský, Minister of Foreign
Affairs, Government of Czech Republic. Both sides agreed to work towards an early conclusion of the
India-European Union(EU) Free Trade Agreement(FTA).

Rajnath Singh’s 3-day visit to Vietnam – Strengthens Defence Cooperation


Defence Minister Rajnath Singh went on a 3-day official visit to Vietnam from 8th June 2022, Vietnam
is an important partner in India’s Act East policy and the Indo-Pacific vision.The visit marks 50 years of
establishment of India-Vietnam Diplomatic relations and 75 years of India’s Independence.
✓ Rajnath Singh and Vietnam’s Minister of National Defence General Phan Van Giang signed
the ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’ in Hanoi,
Vietnam to further expand bilateral defence engagements.
✓ He will hand over 12 High Speed Guard Boats constructed under the Government of India to
Vietnam at the Hong Ha Shipyard in Hai Phong, Vietnam.
✓ Rajnath Singh Gifts USD 1 million to Vietnamese Air Force training institute.
An MoU on Mutual Logistics Support was also signed, which is the first such agreement signed by
Vietnam with any other country. Click here to read more

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BANKING & FINANCE


RBI IN NEWS
Highlights of RBI’s 2nd Bi-monthly Monetary Policy of 2022-23; Repo Rate raised to 4.90%
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on June 6-8, 2022 , and
released the RBI’s 2nd bi-monthly monetary policy of FY23 which retained India’s real Gross Domestic
Product (GDP) growth at 7.2% for the FY23 from 7.8% estimated earlier, with FY23’s Q1 at 16.2%;
Q2 at 6.2%; Q3 at 4.1%; and Q4 at 4%.
✓ The stance is to focus on withdrawal of accommodative. This is the third monetary policy for the
current fiscal.
RBI’s Policy Rates:
Category Rate
Policy Repo Rate 4.90%
Reverse Repo Rate 3.35%
Standing Deposit Facility (SDF) Rate 4.65%
Marginal Standing Facility (MSF) Rate 5.15%
Bank Rate 5.15%
Reserve Ratios
Cash Reserve Ratio (CRR) 4.50%
Statutory Liquidity Ratio (SLR) 18%
Click here to read more.

RBI reports India’s CAD of 1.2% of GDP in FY22 on widening trade deficit; Bars Credit Lines for
PPIs
Reserve Bank of India (RBI) released data on India’s balance of payments (BoP) for the fourth quarter
(Q4), i.e., January-March 2021-22/FY22. India’s current account deficit (CAD) decreased to US$ 13.4
billion(bn) (1.5% of GDP) in Q4:FY22 from US$ 22.2 billion (2.6% of GDP) in Q3:FY22 due to a wider
trade deficit. On an annual basis, CAD recorded a deficit of 1.2% of GDP in FY22 as against a surplus of
0.9% in FY21 because the trade deficit widened to USD 189.5 billion in FY22 from USD 102.2 in FY21.
✓ As per the paper titled ‘Capital Flows at Risk: India’s Experience’, there is only 5% chance of
potential portfolio outflows from India of the order of 3.2% of GDP or $100.6 billion in a year,
amid Covid-19 contraction in GDP growth.
✓ RBI has barred loading of non-banking, Prepaid Payment Instruments (PPIs) such as wallets and
prepaid cards, from credit lines. However, RBI guidelines permit PPIs to be loaded by both cash,
debit to a bank account, credit & debit cards and other payment instruments.

Payments Vision 2025 released by RBI’s DPSS aiming 3x Increase in Digital Payments
The Department of Payment and Settlement Systems (DPSS) of Reserve Bank of India (RBI) released a
document on ‘Payments Vision 2025’ on the core theme of ‘E-Payments for Everyone,
Everywhere, Everytime (4Es)’ to provide every user with 6 attributes of safe, secure, fast,
convenient, accessible, and affordable e-payment options.
✓ This document has been prepared after considering the inputs from various stakeholders and
guidance from the Board for Regulation and Supervision of Payment and Settlement Systems of
the RBI.
It is premised on the initiatives of Payments Vision 2019-21, and 5 anchor goalposts of Integrity,
Inclusion, Innovation, Institutionalisation and Internationalisation. 47 initiatives proposed under the 5
goalposts with10 expected outcomes. Click here to read more

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RBI issues New Provisioning Norms for Standard Assets by NBFC-UL; Imposes Rs
27.50 lakh penalty on Punjab & Sind Bank
The Reserve Bank of India (RBI) issued new guidelines regarding Provisioning for Standard assets by
Non-Banking Financial Company (NBFC)–Upper Layer (UL) which are aligned with the commercial
banks.
✓ They have to set aside 0.25-2% of the loan amount for standard assets as provisions. These will
come into effect from October 1, 2022.
✓ There are four layers of NBFCs as notified by RBI in its Scale Based Regulation (SBR): A Revised
Regulatory Framework for NBFCs in October 2021. They are: NBFC Base Layer (NBFC-BL);
NBFC – Middle Layer (NBFC-ML); NBFC–Upper Layer (NBFC-UL) & NBFC– Top Layer (NBFC-
TL).
RBI, in exercise of powers vested under the provisions of section 47 A (1) (c) read with sections 46 (4)
(i) & 51 (1) of the Banking Regulation (BR) Act, 1949, imposed a monetary penalty of Rs 27.50 lakh on
Punjab & Sind Bank for non-compliance with certain directions issued by RBI on External Benchmark
Based Lending. Click here to read more

RBI Cancels Certificate of Registration Of 3 NBFCS; Two NBFCs Surrenders CoR; RBI Cancels the
License of Mudhol Co-Operative Bank, Karnataka
The Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of three non-
banking financial companies (NBFCs), including two housing finance companies (HFCs).
✓ The RBI has cancelled the CoR of Malik Motor Finance Limited, Noida, Uttar Pradesh. It has also
cancelled the CoRs of HFCs: North East Region Housing Finance Company Limited in Aizawl,
Mizoram & Aryarth Housing Finance Limited in Gurgaon, Haryana.
✓ Two NBFCs surrendered their CoR issued by the RBI: Empower India Capital Investments Private
Limited in Ernakulam, Kerala & Mangalmayee Garments Private Limited (presently known as
Abhijeet Ferrotech Limited) in Kolkata, West Bengal.
The RBI has cancelled the license of Mudhol Co-operative Bank Limited in Bagalkot, Karnataka,
preventing it from conducting banking operations, with effect from the close of business on June 08,
2022.

ToneTag Emerges Winner In 2 Categories of RBI’s First Global Hackathon HARBINGER 2021
ToneTag, a brand of Naffa Innovations Pvt Ltd, has been named the winner of two categories in the
Reserve Bank of India’s (RBI) first global hackathon, HARBINGER 2021-Innovation for Transformation”.
ToneTag, headquartered in Bengaluru, Karnataka, offers voice-based commerce and payment solutions.
✓ “HARBINGER 2021-Innovation for Transformation,” hackathon was launched in November 2021,
with the theme “Smarter Digital Payments”. It was organized to encourage entrepreneurs to come
up with innovative products for smarter digital payments.
✓ ToneTag won two categories: “Innovative, easy-to-use, non-mobile digital payment solutions for
converting small-ticket cash transactions to digital mode” & “Context-based retail payments to
remove the physical act of payment.”

India’s Forex Reserves Rise Above USD 600 billion


According to the Reserve Bank of India (RBI)’s data, India’s foreign exchange (forex) reserves for the
week ended May 27, 2022, increased by USD 3.854 billion to USD 601.363 billion led by an increase in
India’s Foreign Currency Assets (FCA). India’s forex reserves have increased for the 2nd consecutive
week after falling for 10 straight weeks.
✓ India’s FCA, the major component of forex reserve, increased by USD 3.610 billion to USD 536.988
billion during the week under review.

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The FCA had increased by USD 3.825 billion in the previous week. The FCA include the effect of
appreciation or depreciation of non-dollar currencies like the Euro, Pound Sterling and the Japanese
Yen.

RBI Approves Shriram Group’s Merger of Financial Services Businesses


The Reserve Bank of India (RBI) has approved Shriram Group’s composite scheme of arrangement
and amalgamation of financial services businesses.
✓ The approval has been given for the merger of Shriram City Union Finance (SCUF) and Shriram
Capital Ltd. (SCL) with Shriram Transport Finance Company (STFC), to form India’s largest Non-
Banking Financial Company (NBFC).
✓ The merger will enable the Shriram group to consolidate all of its lending products under one roof,
including commercial vehicles, two-wheeler loans, gold loans, personal loans, auto loans, and
small business finance.
Heads of Amalgamated entities: Umesh Revankar, Executive Vice President and CEO of STFC, will serve
as Vice-Chairman & YS Chakravarti, MD-CEO of Shriram City, would serve as MD and CEO. Click here to
read more.

RBI Suspends License of Millath Co-Operative Bank Due to Inadequate Capital


The Reserve Bank of India (RBI) has cancelled the licence of Millath Co-operative Bank Ltd.,
Davangere, Karnataka, due to insufficient capital and earning potential, and its continued operation is
detrimental to the interests of depositors.
✓ The license has been cancelled as per the provisions of Sections 11 (1) and Section 22 (3) (d) read
with Section 56 of the Banking Regulation Act, 1949 & Sections 22(3)(a), 22(3)(b), 22(3)(c),
22(3)(d), and 22(3)(e) read with Section 56 of the Banking Regulation Act, 1949.
✓ The Registrar of Cooperative Societies, Karnataka has also been requested to issue a winding-up
order and appoint a liquidator for the bank.
RBI: Governor– Shaktikanta Das; Establishment – 1st April 1935; HQ – Mumbai, Maharashtra

RBI extends Deadline by 3 months to October 1 2022 for Implementing Card Rules
the Reserve Bank of India (RBI) extended the timeline for implementation of certain provisions of the
master directions it issued on issuance of debit cards and credit cards by three months from July 1,
2022 to October 1, 2022. Click here to read RBI Directions on Credit and Debit Cards- Issuance and
Conduct Directions, 2022
According to information sourced through RTI (Right to Information) from the Bharatiya Reserve Bank
Note Mudran Private Limited (BRBNMPL), the selling price of bank notes in the denomination of Rs 20,
Rs 50, Rs 100 and Rs 200 has increased in FY22. While for Rs 500, it remained unchanged. Click here to
read more.

RBI extends Card Tokenisation Deadline by 3 months till September 30, 2022
The Reserve Bank of India (RBI) extended the Card on File (CoF) tokenisation deadline by another three
months to September 30, 2022 from June 30, 2022 for all Payment System Providers and Payment
System Participants. This direction was issued by RBI under Section 10 (2) read with Section 18 of
Payment and Settlement Systems Act, 2007 (Act 51 of 2007).
✓ RBI mandated to store customer’s card information in the form of an encrypted form i.e. Card-On-
File Tokenisation (COFT) to secure transactions.
CoFT is a voluntary process that means those who do not wish to create a token can continue to
transact as before by entering card details manually at the time of undertaking the transaction
(commonly referred to as guest checkout transaction).

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RBI Approves SBI’s Establishment of an Operations Support Subsidiary


The State Bank of India (SBI), the largest bank in India, has received an in-principle approval from the
Reserve Bank of India (RBI) for the establishment of an operations support subsidiary with the
objective of lowering the cost-to-income ratio.
✓ The subsidiary would primarily focus on offering support services for agriculture, Micro, Small,
and Medium Enterprises (MSMEs), other microloans, data entry operations, and other activities
that can be carried out as permitted for business correspondents, among others.
The Bank of Baroda (BoB) was the first public sector bank to implement a similar operations support
strategy.

RBI Issues Semi-Closed PPI Licence to Mufin Finance Limited


The Reserve Bank of India (RBI) has granted Mufin Finance Limited, a leading Non-Banking Financial
Company (NBFC), in-principal approval for the issuance of semi-closed Prepaid Payment
Instruments (PPIs). Mufin Finance Ltd is a subsidiary of Hindon Mercantile Limited, an NBFC.
✓ Mufin Finance aims to use this licence to launch MufinPay, a digital payment solution that will
complement its lending operations. With this, the NBFC would offer semi-closed PPIs to customers
in India.
✓ A semi-closed PPI licence enables digital banks, fintech (financial technology) companies, and
major consumer-facing applications to introduce features like digital payment solutions for
lending.
Mufin Finance is the fourth NBFC to get such a licence from the RBI, following Bajaj Finserv,
Manapurram, and Paul Merchants.

Credit Card Issuances and Spends Hit a Record High in May 2022
According to the Reserve Bank of India (RBI) data, Credit card spends has reached an all-time high of Rs
1.14 trillion in May 2022, 7.8 % higher than the Rs. 1.05 lakh crore spent in April 2022.
✓ Credit card spending increased by 118 percent year over year (YoY) and by 8% month over
month, due to robust e-commerce spending, high-value expenditure on travel, tourism, and
discretionary items.
✓ May 2022 saw the addition of 38,500 new cards from Housing Development Finance Corporation
Limited (HDFC) Bank, followed by 21,500 from Axis Bank, 21,200 from ICICI Bank, and 21,500
from SBI Card (20,200).
The biggest incremental growth in credit card spending was recorded by IndusInd Bank and Kotak
Mahindra Bank, at 17% and 15%, respectively. All other players experienced growth in the 4–9% range.

AGREEMENTS & MoUs SIGNED


BANKS SIGNED WITH KEY NOTES
BRICS (Brazil, Russia, BRICS New Purpose: to facilitate bilateral cooperation and promote the
India, China, and South Development common development of BRICS countries.
Africa) Partnership on Bank (NDB) ✓ It aims to promote Sustainable Development Goals
New Industrial (SDG) in BRICS as well as other emerging markets
Revolution (PartNIR) and developing countries.
Innovation Centre NDB: President– Marcos Troyjo; Establishment – July 2015
(Officially opened); HQ – Shanghai, China
IDFC FIRST Bank CarTrade Tech Ltd Purpose: to provide used car buyers with easy and smart
financing options.

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✓ ‘CarWale abSure’ is CarTrade Tech’s used car


platform, which is the most reliable source for high-
quality pre-owned cars.
✓ IDFC FIRST Bank will be one of the preferred
financiers for customers purchasing used vehicles
from CarWaleabSure’s dealers as part of the
partnership, with customized offerings to meet the
demands of the customers.
IDFC FIRST Bank: MD & CEO – V. Vaidyanathan;
Establishment – 2018; HQ – Mumbai, Maharashtra
Housing Development Accenture Purpose: for digitizing its lending business by using a cloud-
Finance Corporation native platform for application, processing, credit
(HDFC) Ltd. underwriting and disbursement.
✓ Under this partnership, HDFC Ltd. will also deploy
machine learning, automation and advanced analytics
to make it a straight-through and paperless process
for the customer.
✓ Developed using human-centric design principles, the
platform includes a user-friendly mobile application
and web-based portal for customers.
HDFC Ltd: MD– Renu Sud Karnad; Tagline– With You, Right
Through; HQ– Mumbai, Maharashtra.
India International Luxembourg Stock The Cooperation agreement was signed at the Gujarat
Exchange (IFSC) Exchange (LuxSE) International Finance Tec (GIFT) City in Gujarat.
Limited (India INX) ✓ Under the agreement, the two exchanges will
enhance the visibility of listed Indian securities to
international investors by facilitating admission of
such securities on LuxSE.
✓ A Memorandum of Understanding (MoU) between
the two exchanges was signed earlier in 2020 for this
purpose, with a specific focus on advancing green
finance in India.
The Power Finance Corporation Limited (PFC), a
Government of India (GoI) Central Public Sector Enterprise
(CPSE), has listed its EUR 300 million green bonds on
the Luxembourg Green Exchange (LGX) of the Luxembourg
Stock Exchange (LuxSE) Securities Official List. This bond is
already listed on India INX.
PFC’s green bond has a 7-year maturity and provides
funding for renewable energy projects in India, such as
onshore solar and wind energy generation facilities.
Suryoday Small Finance Mobisafar Services Purpose: To launch full banking CSP (Customer Service
Bank Private Point) that would provide banking services across India
Limited (Mobisafar through the Mobisafar franchisees and business
Services) correspondent network.
✓ Mobisafar would assist in the digital onboarding of
new customers in Suryoday SFB via eKYC(know your
customer) through its Banking Mitra.

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Suryoday SFB: MD & CEO – Baskar Babu Ramachandran;


Establishment – 2017; HQ – Navi Mumbai, Maharashtra;
Tagline – A Bank of Smiles.
ICICI Bank ZestMoney ICICI Bank partnered with digital EMI/pay-later
platform ZestMoney, to expand its ‘Cardless EMI’ facility for
purchases on retail and e-commerce platforms.
✓ Customers can convert transactions up to Rs.
10 lakhs into Equated Monthly Instalments (EMIs).
✓ the bank’s customers can use pre-approved cardless
credit to instantly buy products/ services using
ZestMoney and pay in EMIs.
The Bank’s customers will also be able to use ZestMoney’s
flagship ‘Pay-in-3’ offering, where they can split the bill into
3 EMIs without extra cost.
Fino Payments Bank Go Digit General Fino Payments Bank Limited has collaborated with Go
Limited Insurance Limited Digit General Insurance Limited, one of India’s fastest
growing general insurers, to provide small and medium
business owners with shop insurance coverage. Fino
Payments Bank serves as a corporate representative for Go
Digit.
✓ The customers of Fino Bank can join Go Digit’s
coverage for Rs 550 per year (for a sum insured of
Rs 3 lakh), which will rise to Rs 2,600 per year (for a
sum insured of Rs 15 lakh).
Fino Payments Bank: MD& CEO- Rishi Gupta;
Establishment- 2017; HQ – Navi Mumbai, Maharashtra
State Bank of India Ather Energy Ather Energy, an electric two-wheeler manufacturer based
(SBI) in Bengaluru, Karnataka, has partnered with the State Bank
of India (SBI) to offer vehicle financing for its customers.
✓ The vehicle loan can be availed online through YONO,
SBI’s mobile app, as well as offline.
According to the loan eligibility of the customer, SBI allows
the customers to avail of loans up to 85% of the on-road
price of the vehicle.
Export- Sri Lanka Line of Credit (LoC) agreement b/w: Government of Sri
Import (EXIM) Bank Lanka (GOSL) & Export-Import (EXIM) Bank of India at
Colombo, Sri Lanka
Purpose: to extend a Line of Credit (LOC) of USD 55 million
to Sri Lanka for the procurement of Urea Fertiliser.
✓ The LOC will be in line with
India’s ‘Neighbourhood First’ policy and the support
from India ranges close to USD 3.5 billion to help
secure Sri Lanka’s food, health, and energy security
by supplying essential items like food, medicines,
fuel, kerosene etc.
This would help to secure urea fertiliser for the ongoing
paddy sowing ‘Yala’ season.
HDFC Bank 100X.VC, a leading Purpose: to engage more deeply with the start-up
early-stage community.

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venture capital ✓ Under the MoU, HDFC Bank will extend its Smart-
firm Up initiative, which helps start-ups achieve their
goals by providing smart financial tools, smart
advisory services, and technology, to all the
companies associated with 100X.VC.
✓ 100X VC will recommend HDFC Bank as its primary
bank to all of its investee companies, and HDFC Bank
will evaluate and offer loans to start-ups directed to it
by 100X.VC.
HDFC Bank: MD & CEO – Sashidhar Jagdishan;
Establishment – 1994; HQ – Mumbai, Maharashtra
Kotak Mahindra PhonePe Purpose: to offer motor insurance to 380 million customers
General Insurance Insurance Broking on the PhonePe platform.
Company Ltd Services Pvt. Ltd ✓ Through PhonePe, Kotak General Insurance will
provide quick and seamless car and two-wheeler
insurance policies to its customers.
This Partnership will empower PhonePe customers to buy
car and two-wheeler insurance end-to-end online in just a
few clicks from the comfort of their smart phones.
National Bank for Open Network for Purpose: to activate e-commerce in the agriculture domain.
Agriculture and Rural Digital Commerce ✓ ONDC is a network based on open protocol and will
Development (ONDC) enable local commerce across different segments to
(NABARD) be discovered and engaged by any network-enabled
application. It is an initiative of the Department for
Promotion of Industry and Internal Trade (DPIIT)
under the Ministry of Commerce and Industry.
✓ NABARD-ONDC Grand Hackathon which aims to
establish market linkages for the players with market
ready Farmers Producers Organisations (FPOs) in
India will be hosted under this partnership.
NABARD: Chairman– Govinda Rajulu Chintala; HQ–
Mumbai, Maharashtra
BOB Financial Solutions Nainital Bank Purpose: to launch BOB Financial and Nainital Bank co-
Limited (BFSL), a branded contactless RuPay Credit Card that is designed to
wholly-owned reward customers for everyday spend categories like grocery
subsidiary of Bank of and departmental stores.
Baroda (BoB) ✓ The card is being launched in the centenary year of
Nainital Bank (established in 1922).
✓ The co-branded credit card also offers
complimentary Personal Accidental Death insurance.
BFSL: MD & CEO – Shailendra Singh; Establishment – 1994
NPCI International Lyra Network of Purpose: for the acceptance of the Unified Payments
Payments Limited France Interface (UPI) and RuPay Cards in France, giving a boost to
(NIPL), the the digital payment ecosystem.
international arm of the ✓ The UPI payment system is currently available in
National Payments countries such as Bhutan, Singapore, Nepal, and the
Corporation of India United Arab Emirates (UAE).
(NPCI)

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✓ NIPL is dedicated to the deployment of RuPay


(domestic card scheme) and UPI (mobile payment
solution) outside of India.
Union Communication Minister Ashwini Vaishnaw
represented India at Europe’s largest start-up conference,
Viva Technology 2022, in Paris, France. India has been
recognized as the ‘country of the year’ at the event.
CARD91 with YES RuPay Purpose: to introduce a range of co-branded card
BANK instruments and maintain a real-time dashboard to provide
insights by employing the scalable CARD91 infrastructure.
✓ Businesses will now be able to choose between co-
branded and non-branded card instruments,
providing them with an innovative solution to suit
specific uses.
CARD91: Co-founders: Ajay Pandey, Kush Srivastava, and
Vineet Saxena; Founded in – 2020; HQ – Bengaluru,
Karnataka.
Equitas Small Finance Freo, a bengaluru- Purpose: to launch Freo’s digital savings account ‘Freo Save’
Bank based neobanking ✓ Freo Save App is 100 percent digital with seamless
platform Unified Payments Interface (UPI) integration which
offers quick access to credit & shopping by providing
up to 7 percent interest on customer savings for
balances above Rs.5 lakh up to Rs.2 crore.
✓ With the launch of Freo Save, it has become
the 1st consumer neobank in India to provide full-
stack neo-banking products, including smart savings
account, credit and payments products, cards and
wealth-growth products.
Freo is India’s first credit-led neobank:- Co-Founder
– Anuj Kacker; HQ – Bengaluru, Karnataka
Max Life Insurance Policybazaar.com Purpose: to launch the ‘Max Life Smart Fixed-return
Company Limited Digital Plan’, a non-linked, non-participating, short-term
individual life insurance savings plan with a minimum policy
tenure of 5 years.
✓ The policy offers guaranteed tax-free returns up to
6.14% along with life cover protection at a monthly
premium of Rs.3000.
✓ It offers Special benefits for women customers –
0.25% additional maturity benefit for 5 years’ policy
term and 0.5% for 10 years’ policy term.
Max Life Insurance: MD & CEO - Prashant Tripathy; HQ
– Gurugram, Haryana
Airtel Payments Bank Muthoot Finance To offer gold loans through the Airtel Thanks app. This will
add to the Airtel Payments Bank’s digital banking products
portfolio and will enable easy credit access for its
customers.Under this partnership, Muthoot Finance will
provide up to 75% of the pledged gold value as a loan and
there will be no processing charge on the loan. The

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customers can also get doorstep disbursals for loan amounts


of Rs 50,000 and above.
Bajaj Finance Limited Worldline, a global Purpose: To develop Point-Of-Sales (POS) payments
(BFL), a part of Bajaj leader in payment acquiring solutions for its merchant network. BFL and
Finserv Limited services Worldline India Private Limited, a wholly-owned subsidiary
of Worldline, have partnered to provide customers and
merchants partners with an integrated payment solution.
Under this partnership, BFL aims to enhance its relationship
with both existing and new networks of merchant partners
by providing POS terminals and enabling them to accept a
wide range of payment instruments (credit cards, EMI Cards,
UPI and wallets) on those terminals.
PayNearby (Nearby Protean eGov Purpose: to offer Permanent Account Number (PAN) related
Technologies Private Technologies services through Aadhaar and biometric or SMS-based One
Limited) Limited (Protean), Time Password (OTP) authentication for their customer.
formerly NSDL e- ✓ This partnership will make the entire process
Governance seamless and accessible across more than 17600 PIN
Infrastructure Ltd codes in India through PayNearby’s DaaS
(Distribution as a Service) network of 50+ lakh
micro-entrepreneurs.
PayNearby, incepted in April 2016, is a Department for
Promotion of Industry and Internal Trade (DPIIT)-certified
company.
Bajaj Allianz General Allianz Partners Purpose: Launching of an industry-first health insurance
Insurance Company India plan, “Global Health Care,” to offer policyholders with a
seamless claims experience.
✓ It offers seamless coverage for emergency and
planned medical care from domestic (within India)
and international (outside India) health care
providers with coverage options ranging from Rs.
37,50,000 to Rs. 3,75,00,000(USD 100,000 to USD
1,000,000).
✓ It is available in two plans: “Imperial Plan” and
“Imperial Plus Plan,” both of which provide
international and domestic coverage.
Bajaj Allianz: MD & CEO – Tapan Singhel; Establishment –
2001; HQ – Pune, Maharashtra
IDFC FIRST Bank Star Health and Purpose: for the distribution of its health insurance
Allied Insurance solutions.
Company ✓ Under this strategic agreement, Star Health and
Allied Insurance will use IDFC FIRST Bank’s digital
platform and vast distribution network to offer their
best-in-class health insurance products to the
customers of the bank.
IDFC FIRST Bank was formed by the merger of Capital First
and IDFC Bank. MD & CEO – V. Vaidyanathan (He is the first
MD & CEO of IDFC FIRST Bank); Establishment – 2018; HQ –
Mumbai, Maharashtra; Tagline – Always You First

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OTHER BANKING NEWS


WB approves USD562mn funding for 3 projects in India; along with Rail Logistics Project
& Uttarakhand’s Rain-Fed Agriculture
The Board of Executive Directors of the World Bank (WB) has approved 5 loans/fundings towards India
catering to different sectors. This includes three loans totalling USD 562 million/mn (about Rs
4,393.70 crore) to fund an education project in Gujarat, a social protection programme in Tamil Nadu
(TN) and a project to help recovery in the fisheries sector post the Covid-19 pandemic.
Following is the list of funding approved by WB:
✓ USD 250mn funding to GOAL, an education project in Gujarat
✓ USD 150mn funding to support the recovery of India’s fisheries sector
✓ USD 162 million for the RIGHTS project in TN
✓ USD 245 million funding to support India’s Rail Logistics project
✓ Rs 1000 crore for Uttarakhand Climate Responsive Rain-fed Farming Project.
WB: President– David Robert Malpass; HQ– Washington DC, United States (US). Click here to read
more.

World Bank Approves USD 250 million for India’s Road Safety Program
The Board of Executive Directors of the World Bank (WB) has approved the financing of USD 250
million to support the “India State Support Program for Road Safety”, a project by the Indian
government to improve road safety.
✓ The project will be implemented in seven States: Andhra Pradesh, Gujarat, Odisha, Tamil Nadu,
Telangana, Uttar Pradesh and West Bengal.
✓ The USD 250 million variable spread loan from the International Bank for Reconstruction and
Development (IBRD) has an 18 years maturity period with a grace period of 5.5 years.
WB: President of WB group - David Malpass; Establishment – 1944; HQ – Washington, DC, USA.

SEBI restructured its Risk Management Review Committee


The Securities Exchange Board of India (SEBI) has restructured its Risk Management Review
Committee (RMRC) which reviews the risk management framework for the Cash and Derivatives
(including Commodity derivatives). The 14 members committee will be headed by Professor Jayanth R
Varma of Indian Institute of Management (IIM), Ahmedabad, Gujarat.
✓ The committee has been entrusted with the task of – Recommending changes if required in the
margin system, consider and suggest measures in reducing transmission of risk from other
segments and review the investor protection measure in the stock exchanges related to risk
management.
✓ SEBI: HQ – Mumbai, Maharashtra; Chairperson – Madhabi Puri Buch

SEBI gives UPI payment option to Invest in Public Issues of REITs, InvITs; Imposes Rs 30 lakh
fine on RIL & 2 of its Compliance Officers
The Securities and Exchange Board of India (SEBI) provided an additional payment option of Unified
Payments Interface (UPI) to retail investors to apply in the public issue of units of Infrastructure
Investment Trust (InvIT) and Real Estate Investment Trust (REIT) for application value up to Rs 5 lakh
w.e.f. August 1, 2022.
✓ For InvITs, this decision has been taken in exercise of the powers conferred under Regulation 14
(6) and 33 of SEBI (InvIT) Regulations, 2014 and Section 11(1) of the SEBI Act, 1992.
✓ For REIT, this decision has been taken in exercise of the powers conferred under Regulation
14(24) and 33 of SEBI (REIT) Regulations, 2014 and Section 11(1) of the SEBI Act, 1992.

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SEBI has imposed a penalty of Rs 30 lakh on Reliance Industries Limited (RIL) and two of its
compliance officers, Savithri Parekh and K Sethuraman, for not promptly disclosing the stake sales in
its subsidiary company, Jio Platforms to Facebook, Silver Lake and Vista Equity Partners in 2020.

SEBI: Forms Building Advisory Committee; Imposed Penalty on 7 Entities


Securities and Exchange Board of India (SEBI), capital markets regulator, has formed a Building
Advisory Committee to advise and assist on premises related matters like planning, acquisition and
furnishing.It is a seven-member committee, headed by B K Katyal, former Chief General Manager,
Reserve Bank of India (RBI).
✓ SEBI imposed a penalty totalling Rs 10.80 crore on 7 entities, including Zenith Steel Pipes &
Industries (erstwhile Zenith Birla (India) Ltd and Yash Birla) in the matter of irregularities in the
global depository receipts (GDR) issued by Zenith Birla.

SEBI Forms Hybrid Securities Advisory Committee (HySAC) Chaired by KV Kamath


The Securities and Exchange Board of India (SEBI), India’s market regulator, has established a 20-
member Hybrid Securities Advisory Committee (HySAC), which will make recommendations for
boosting the growth of such instruments, including measures focusing on ease of issuance and
attracting domestic & global capital.
✓ Kundapur Vaman Kamath (KV Kamath), the Chairperson of the National Bank for Financing
Infrastructure and Development, will chair the committee.
SEBI has reconstituted its 16-member Research Advisory Committee (RAC), which is in charge of
promoting, developing, and maintaining databases relevant to capital market regulation research.
Dr. V. Ravi Anshuman, Professor at Indian Institute of Management (IIM) – Bangalore, will chair the
panel. Click here to read more.

NABARD Chairman Highlights the Role of Self-Help Group


Govinda Rajulu Chintala(GR Chintala), the Chairman of National Bank for Agriculture and Rural
Development (NABARD) stated that the Self Help Groups(SHGs) plays a vital role in empowering
women and making them economically strong and self-reliant.
NABARD signed a Memorandum of Understanding (MoU) with Canara Bank for the formation and
linking of Joint Liability Groups (JLGs). Under this MoU, Canara bank will form and credit link 2,510
JLGs in Karnataka.

US Announces USD 122 Million Fund for India to Address Challenges Posed by Infectious
Diseases
The Centres for Disease Control and Prevention (CDC) of the United States (US) has announced a
funding of about USD 122 million (USD 122,475,000) to top three Indian medical research
institutions: Indian Council of Medical Research (ICMR) in New Delhi, Delhi, National Institute of
Virology (NIV) in Pune, Maharashtra and National Institute of Epidemiology (NIE) in Chennai, Tamil
Nadu.The overall funding period will be 5 years, from September 30, 2022 to September 29, 2027.
Eligibility for funding is limited to the ICMR in New Delhi, the apex governing body for the numerous
national level institutes. These institutions are designated by the Government of India’s Ministry of
Health and Family Health and Welfare (MoHFW).

Tamilnad Mercantile Bank gets SEBI’s approval to Launch & Raise Funds Through IPO
Thoothukudi-based Tamilnad Mercantile Bank Limited (since 1921), a Private Sector Bank has
received the Securities and Exchange Board of India’s (SEBI) approval to launch and raise funds
through an Initial Public Offering (IPO).

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✓ According to the Draft Red Herring Prospectus (DRHP), the IPO comprises a fresh issue of
1,58,27,495 equity shares and an Offer for Sale (OFS) of up to 12,505 equity shares by
shareholders. The offer will constitute 10% of the post-offer paid-up equity share capital.
In September 2021, the bank filed the preliminary IPO paper with SEBI and obtained its observations
on 30th May 2022.

Kiyaverse: Kiya.ai launches India’s 1st Banking Metaverse


India’s first banking metaverse namely ‘Kiyaverse’ has been launched by Kiya.ai in Mumbai,
Maharashtra which intends to merge use cases of real-world banking with metaverse banking through
an avatar (virtual humanoid) based interactions. Kiya.ai is a digital solutions provider to financial
institutions and governments.
✓ Kiyaverse will allow customers to transact, access banking information, and obtain various
banking products virtually from the comfort of their own homes. It will be used by banks and non-
banking finance companies (NBFCs) to enable virtual interactions.
Metaverse is a network of 3D virtual worlds that uses augmented reality (AR), virtual reality (VR), and
blockchain, along with concepts from social media, to create spaces for user interaction mimicking the
real world.

PSBs doubled their Net Profit to record Around Rs 66,539cr in FY22


In accordance with an analysis of key financial parameters of PSBs done by Bank Unions, the 12 Public
sector banks (PSBs) have collectively doubled their net profit during FY22 to ∼Rs 66,539 crore, an
increase of 110% over Rs 31,816 crore in FY21.
✓ The State Bank of India (SBI) marked a highest net profit of Rs 31,675 crore – an increase of 55%
over the previous year. It accounted for 47% of the total profits of the PSBs.
✓ SBI is followed by Bank of Baroda (BOB), with a net profit of Rs 7,272 crore, generating 10% of
PSBs’ profits, followed by Canara Bank, which at Rs 5,678 crore (8%).
The highest revenue growth was reported by BOB, followed by UCO Bank. Bank of Maharashtra has
shown the highest improvement in deposits & advances and is the only PSB to have net non-performing
assets (NPAs) below 1%. Click here to read more

Bajaj Finserv DBS Bank SuperCard: DBS Bank India launched 1st credit card in India in
partnership with BFL
DBS Bank India has launched its first-ever credit card in India in partnership with Bajaj Finance Limited
(BFL), namely ‘Bajaj Finserv DBS Bank SuperCard’. It is powered by Visa and is designed to de-clutter
customers’ wallets by eliminating the need to have multiple credit cards.
✓ SuperCard will provide its customers with benefits and rewards across different product
categories and exclusive benefits on the Bajaj Finserv’s products and services.
Bajaj Finance Limited is the lending arm of Bajaj Finserv Limited. MD - Rajeev Jain; HQ– Pune,
Maharashtra.

HSBC India Announces USD 250 Million Lending Support for Indian Start-Ups
The Hong Kong and Shanghai Banking Corporation Limited, India (HSBC India), a retail banking and
financial services provider, has announced USD 250 million in lending support for high-growth,
technology-led start-ups in India, which has the world’s third largest start-up ecosystem.
✓ The profit of HSBC’s commercial banking vertical in India registered a growth of 42% to USD 265
million in 2021, compared to USD 187 million in 2020.
HSBC India: CEO – Hitendra Dave; HQ – Mumbai, Maharashtra.

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Indian Bank Launches Digital KCC Renewal Scheme for Credit Card Holders
Indian Bank (IB) launched Kisan Credit Card (KCC) digital renewal scheme for renewal of KCC
accounts by customers themselves through IB’s IndOASIS mobile app, internet banking portal and
IB’s website and also through Message for feature phone users.
This is launched currently for customers having outstanding loans of Rs.1.60 Lakh as a part of IB’s
digital transformation under project World of Advanced Virtual Experience (WAVE)

SBI Foundation & Khan Academy Launches Digital Learning Program UpSchool
The SBI Foundation has launched UpSchool, a digital learning platform for students in classes 1 to 10, in
partnership with Khan Academy, an educational non-profit organization in India.
✓ The programme focuses on revising important math and language comprehension concepts from
the previous year, allowing students to overcome the knowledge gap and lay a strong foundation
for the new academic year.
✓ The programme will be available in English, Hindi, and Kannada languages.
✓ SBI Foundation: President & Chief Operating Officer (COO) – Lalit Mohan; Established – 2015;
HQ – Mumbai, Maharashtra.

AU Small Finance Bank Introduces Industry’s First Customizable Credit Card, “AU Bank LIT”
AU Small Finance Bank, the largest Small Finance Bank (SFB) in India, has introduced an innovative
credit card called “AU Bank LIT” (Live-It-Today), which combines the features of multiple credit cards
into a single card, ushering in a new revolution in the credit card landscape. This is the industry’s first
customizable Credit Card.
✓ Customers may track their savings and earnings everyday with the AU0101 app, allowing them to
maximise their benefits with the LIT credit card.

Axis Bank & Indian Oil Launch Co-Branded RuPay Contactless Credit Card
Axis Bank and Indian Oil Corporation Limited (IOCL) have announced the launch of a co-branded
contactless credit card – the “INDIANOIL AXIS BANK RuPay Credit Card” – in collaboration with
National Payments Corporation of India (NPCI).
✓ With RuPay, the partnership aims to offer innovative as well as customized benefits on the co-
branded credit card. Customers can apply for the card either in person or online.
Axis Bank: MD & CEO – Amitabh Chaudhry; Establishment – 1993 (Begun Operations-1994); HQ –
Mumbai, Maharashtra

IBBI amends its Regulations for Insolvency Resolution Process for Corporate Persons;
Complaint Handling; Inspection and Investigation; & Information Utilities
The Insolvency and Bankruptcy Board of India (IBBI) has amended its following regulation for certain
revision:
✓ IBBI has amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations,
2016 with new IBBI (Insolvency Resolution Process for Corporate Persons) (Second
Amendment) Regulations, 2022 to revise the procedure of recording evidences, and
applications made to ‘resolution professional’ by the creditors.
✓ IBBI also amended the (Grievance and Complaint Handling Procedure) Regulations, 2017
with IBBI (Grievance and Complaint Handling Procedure) (Amendment) Regulations,
2022 to have expeditious redressal and also to avoid placing undue burden on the service
providers.
✓ IBBI also amended the (Inspection and Investigation) Regulations, 2017 with IBBI (Inspection
and Investigation) (Amendment) Regulations, 2022 to provide mechanism for carrying out

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inspections and investigations on IPAs, insolvency professionals and information utilities and
passing orders by Disciplinary Committee.
IBBI amended the (Information Utilities) Regulations, 2017 with the IBBI (Information
Utilities) (Amendment) Regulations, 2022. Click here to read more.

Equitas Small Finance Bank Launches Exclusive Savings Account for Kids: ENJOI
Equitas Small Finance Bank Limited announced the launch of an exclusive savings account for
kids, ‘ENJOI’ with effect from 19th June 2022 to coincide with Father’s Day.
✓ Its aim is to introduce young kids to the financial world and encourage them to develop the saving
habit early.
✓ ENJOI will allow kids of 0-18 years to open savings accounts under the supervision of their
parents and also minors aged 10 and above will get the option for a personalised debit card.
✓ Equitas Small Finance Bank: MD & CEO – Vasudevan P N; HQ - Chennai, Tamil Nadu

MeitY declares ICICI, HDFC, NPCI’s IT resources as Critical Information Infrastructure


The Ministry of Electronics and IT (MeitY) has declared the Information Technology (IT) resources of
ICICI Bank, HDFC Bank, and National Payments Corporation of India (NPCI) as ‘Critical Information
Infrastructure (CII)’ under Section 70 of the IT Act, 2000.
✓ The computer resources of their associated dependencies will also be regarded as the protected
systems. The IT resources under CII include Core Banking Solution, Real Time Gross Settlement
and National Electronic Fund Transfer (NEFT) comprising Structured Financial Messaging Server.
✓ CII means any harm to this infrastructure can have an impact on national security and any
unauthorized person accessing these resources may be jailed for up to 10 years, and also be liable
to fine.

Karnataka Bank Introduces Online SB Account Opening Facility Using ‘Video Based Customer
Identification Process (V-CIP)’
Karnataka Bank has launched an online savings bank (SB) account opening facility via the ‘Video-based
Customer Identification Process (V-CIP)’.This V-CIP facility will elevate the customer experience by
eliminating the need for a customer’s physical presence at the branch to complete the Know Your
Customer (KYC) process.
Karnataka Bank Limited: MD & CEO – Mahabaleshwara M.S ,Establishment – 1924 and Headquarters
– Mangaluru, Karnataka.

ICICI Bank Launches digital Platform for the Student Ecosystem – ‘Campus Power’
ICICI Bank launched a digital platform, ‘Campus Power’, first-of-its-kind to address the needs of the
students aspiring to pursue higher education in India and abroad. It is also available for other bank
customers. It is a one-stop platform, designed to assist the entire student ecosystem comprising
students, parents and institutes.
✓ Campus Power offers financial products and also provides information about value-added services
related to higher studies in India and foreign countries including Canada, UK, Germany, USA and
Australia.
✓ The first branch of ICICI on student ecosystem has been set up at Indian Institute of
Technology (IIT) Kanpur and seven more will be added.
ICICI Bank: MD & CEO – Sandeep Bakhshi; Establishment – 1994; HQ – Mumbai, Maharashtra

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FINANCE NEWS
Tata AIA Life Announces Industry-First Smart Value Income Plan
Tata AIA Life Insurance Company Limited (Tata AIA Life), a joint venture between Tata Sons Pvt. Ltd.
and AIA Group Ltd. (AIA), has announced the ‘Tata AIA Life Insurance Smart Value Income Plan’,
which is the first of its kind in the industry.
✓ It’s a participating, non-linked life insurance savings plan where the bonus can be adjusted against
premium payments.
✓ It offers a number of first-to-market features, as well as best-in-class regular and stable income
possibilities, allowing customers to plan for their financial future and create wealth for long-term
goals.
Tata AIA Life: MD & CEO – Naveen Tahilyani; HQ – Mumbai, Maharashtra.

SBI General Insurance Launches New Health Insurance Vertical


SBI General Insurance Company Limited, a subsidiary of the State Bank of India (SBI), has introduced
a new health insurance vertical, through which it intends to focus on new innovative health products
and an in-house claim settlement process, among other things, to improve customer experience.
✓ Using SBI’s extensive reach and network, SBI General Insurance hopes to further establish health
insurance penetration in tier 3 and 4 markets across India.
✓ SBI General Insurance has teamed with Apollo 24/7 to provide its customers with access to a
variety of services provided by Apollo 24/7. It has partnered with Sevamob, an organisation
dedicated to improving the health of women, children, and senior citizens in northern India,
especially in Uttar Pradesh.
SBI General Insurance: MD & CEO – Prakash Chandra Kandpal; Establishment – 2009; HQ – Mumbai,
Maharashtra.

Kotak Investment Advisors Launches Investment Platform ‘Kotak Cherry’


‘Kotak Cherry’ – a one-stop curated open architecture investment management platform, has been
introduced by Kotak Investment Advisors, a subsidiary of Kotak Mahindra Bank.
✓ Investors can choose from a diverse range of offerings other than those manufactured by Kotak
group companies with assistance from Kotak Cherry. It allows customers to make investments
using their existing digital broking and banking services
✓ The platform will offer investment options ranging from stocks, bonds, mutual funds, fixed
deposits, and the National Pension Scheme (NPS) to more advanced investment options like
exchange-traded funds (ETFs) and real estate through real estate investment trusts.
Kotak Mahindra bank: MD & CEO – Uday Kotak; Establishment – 2003; HQ – Mumbai, Maharashtra

Bajaj Finance Launches Financial Education Initiative, ‘Har Time EMI on Time’
Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited, a leading financial services
conglomerate, has launched the financial education awareness campaign – ‘Har Time EMI on Time’.
✓ It’s a digital, multilingual campaign aimed at raising awareness about the importance and benefits
of good financial habits for a secure financial future and timely loan repayments in order to take
advantage of the market’s varied financial offerings.
✓ Gupta ji, who is renowned for ‘SavdhaanRahein. Safe Rahein’, a public awareness campaign on
financial fraud risks, is featured in the brand campaign, in which he teaches Tinku Ji the simple
ways of paying monthly EMIs on time.
‘Har Time EMI On Time’ is a follow-up to its original educational series, ‘ABC of EMI,’ which debuted in
February 2022 during Financial Literacy Week.

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ICICI Home Finance & Easy Home Finance Forms Co-Lending Partnership
Easy Home Finance Limited (EHFL), Technology-Enabled Home Finance Company, and ICICI Home
Finance Company Limited (ICICI HFC), a wholly-owned subsidiary of ICICI Bank Ltd, have entered
into a co-lending partnership to provide affordable home loans in India.
✓ The co-origination, underwriting and disbursement operations from EHFL & ICICI HFC together
will enable a seamless process for new home buyers.
✓ This partnership will combine ICICI HFC’s affordable housing expertise with EHFL’s digital skills to
enable speedy disbursement of affordable home loans, allowing people to realise their dream of
owning a home.
ICICI HFC: MD & CEO – Anirudh Kamani; HQ – Mumbai, Maharashtra

IRDAI eases Capital Requirement for Insurers to offer PMJJBY Schemes


The Insurance Regulatory and Development Authority of India (IRDAI) reduced the capital required to
be held by insurers offering Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50%.
✓ This decision has been taken to facilitate more participation of insurers under the scheme, and to
provide financial security to Indians through life insurance.
✓ This step by IRDAI will supplement the recent hike in premium rates by Government of India for
PMJJBY and Pradhan Mantri Suraksha Bima Yojana (PMSBY) w.e.f. June 1, 2022, to make these
schemes economically viable.
✓ IRDAI: Chairman– Debasish Panda; HQ– Hyderabad, Telangana.

CoinSwitch Launches India’s First Rupee-Based Crypto Index CRE8


CoinSwitch (CoinSwitch Kuber), India’s largest crypto trading platform, has launched CRE8 (Crypto
Rupee Index), India’s first-of-its-kind benchmark index to measure the performance of the Indian
onshore Rupee-based crypto market. The index is owned and administered by CoinSwitch.
✓ The Crypto Rupee Index (CRE8) is a list of eight of the most valuable crypto assets based on
market capitalization.
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Solana (SOL),
Polkadot (DOT), and Dogecoin (DOGE) are the index’s constituents.

Union Finance & Corporate Affairs Minister Nirmala Sitharaman Launches EASE 5.0 Public
Sector Banks Common Reforms Agenda
On June 8, 2022, Union Minister Nirmala Sitharaman, Ministry of Finance (MoF) & Ministry of Corporate
Affairs (MoCA) unveiled the fifth edition of Enhanced Access and Service Excellence – ‘EASE 5.0:
Enhanced digital experience; data-driven, integrated, and inclusive banking’, which provides the
Common Public Sector Banks (PSBs) Reforms Agenda for fiscal year 2022-23 (FY23) under the
EASENext program.
✓ EASE 5.0 will emphasize increased digital customer experience, data-driven, integrated, and
inclusive banking, with a focus on small enterprises and agriculture.
The EASENext would comprise 2 major initiatives: EASE 5.0 (common PSB reforms agenda) and Bank
specific strategic 3-year roadmap (based on individual bank’s business priorities). Click here to read
more.

Bharat BillPay Onboards CRED as Key Agent Institution


Bharat BillPay (Bharat Bill Payment System – BBPS), the wholly-owned subsidiary of the National
Payments Corporation of India (NPCI) has onboarded CRED (Dreamplug Technologies Pvt Ltd) as a key
agent institution (AI) to provide bill payment solutions to CRED users.

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As an AI, CRED will create member touchpoints, provide member assistance (registration, Quickpay,
complaint resolution), instant confirmation, awareness (payment and charges), BBPS brand visibility.

XPay.Life launches India’s 1st Blockchain-enabled UPI Services targeting Rural Areas
Bengaluru (Karnataka)-based Fintech startup XPay.Life on the completion of its 3 years of operations,
launched India’s first blockchain-enabled transaction Unified Payments Interface (UPI) services to make
financial facilities accessible for people in rural areas .
✓ XPay.Life is aiding Regional Rural Banks (RRBs) and District Co-Operative Banks (DCCBs) to help
them bank better and enable true financial inclusion in rural areas with security and no
disruption.
It is also working with National Bank for Agriculture and Rural Development (NABARD), National
Payments Corporation of India (NPCI), and Karnataka Government to strengthen digital banking and
payments by enabling the last mile link.

OmniCard becomes 1st RBI licensed PPI to launch Cash Withdrawal across all ATMs PAN India
Payment solution provider OmniCard became the first Reserve Bank of India (RBI) licensed PPI
(Prepaid Instrument) to launch a cash withdrawal facility using a RuPay-powered card from any ATM
(Automated teller machine) through their e-wallet.
✓ OmniCard users can withdraw cash from any ATM at their convenience with high safety and
secure features and protects the user from exposing their money and bank account details.
The company worked with the National Payments Corporation of India (NPCI) team to enable the
facility.

IRDAI extended Use and File Procedure for Life Insurance products; EGI launches Health
Insurance Cash Advance
The Insurance Regulatory and Development Authority of India (IRDAI) has extended the ‘Use and File’
procedure for most of the Life Insurance products which means the life insurance companies can also
launch these products without prior approval of IRDAI.However, Board approved product management
and pricing policy (BAPMPP) is required.
Edelweiss General Insurance (EGI) launched Health Insurance Cash Advance, an Out-of-Network Cash
Advance facility to help customers with monetary support at any hospital which is not part of EGI’s
network.

CASHe Launches Industry First Instant Credit Line on WhatsApp


CASHe, a credit- led, Artificial Intelligence (AI)-driven financial wellness platform, has introduced an
industry-first instant credit line service on WhatsApp leveraging its AI-powered chat capability.
✓ CASHe’s WhatsApp chat service is built on the WhatsApp Business Platform,an enterprise solution
that enables businesses to engage with new and existing consumers on WhatsApp in a simple,
secure, and reliable manner.
✓ CASHe has become the first fintech (financial technology) firm to offer the service using its AI-
powered chatbot.
✓ CASHe: CEO – Dhruv Jain; Founded – 2016; HQ – Mumbai, Maharashtra

Canara HSBC OBC Life Insurance Rebranded as Canara HSBC Life Insurance
On 15th June 2022 Canara HSBC Oriental Bank of Commerce (OBC) Life Insurance renamed itself
as Canara HSBC Life Insurance, coinciding with its 14th Foundation and launched its 1st brand
campaign #PromisesKaPartner aligned to its new positioning and its campaign tagline is ‘Powering
India to re-imagine their dreams and aspirations’.

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✓ The newly conceptualised Total Variable Cost (TVCs) by Canara HSBC Life Insurance signifies 3
phases of life which fulfils the dream of child savings, long term wealth accumulation and early
retirement.
✓ At present, Canara Bank holds 51% of stake in the insurance arm, and HSBC holds 26 % and PNB
23%. Following the PNB’s exit, the stake will be acquired by existing shareholders.
✓ Canara HSBC Life Insurance: MD & CEO – Anuj Mathur; Establishment – 2008; HQ – Gurugram,
Haryana

Centre Mandates 3-year Health Insurance Plan for Surrogate Mothers


As per the new Surrogacy (Regulation) Rules 2022 with respect to Surrogacy (Regulation) act, 2021,
issued by the Government for the benefit of Surrogate mothers, couples who wish to become parents
through surrogacy must buy 3-years (36 months) health insurance plans for surrogate
mothers.According to the new surrogacy rules, this insurance plan should be availed from an insurance
company or an agent recognized by the Insurance Regulatory and Development Authority of India
(IRDAI).
The insured amount must be sufficient to cover all expenses for all complications arising out of
pregnancy and also covering postpartum delivery complications.

Liberty General Insurance Partners with Peerless Financial Products Distribution


Liberty General Insurance (LGI) has entered into a corporate agency agreement with Peerless Financial
Products Distribution Limited (PFPDL) to enable the distribution of Liberty’s retail and commercial line
of products through Peerless’ network of 42 branches across India. It covers up to 60 critical illnesses
including major and minor health conditions under Liberty Health Connect, Health Prime Connect, and
Individual Personal Accident Policy.

LIC launches Dhan Sanchay Life Insurance Plan with Income Benefit
The Life Insurance Corporation of India (LIC) has launched a Dhan Sanchay Savings scheme, which is
a non-linked, non-participating, individual, savings life insurance plan providing guaranteed Income
Benefit and Terminal Benefit (Life protection) payable at the time of maturity of scheme.
✓ The plan is available for a term of minimum 5 years to maximum 15 years depending on the
option chosen by the policy holder.
There are 4 types of plans have been introduced under the LIC Dhan Sanchay plan. These are options A,
B, C and D. The minimum sum assured under the option A & B of the plan is Rs 3,30,000. For option C it
is Rs 2,50,000 and for option D it is Rs 22,00,000.

IRDAI reduced Solvency Margin Requirement for General Insurers Doing Crop Business
Insurance Regulatory and Development Authority of India (IRDAI) has reduced the solvency margin
requirement for general insurers doing crop business. This decision frees up a capital of Rs 1400 crore
which will increase the capacity of general insurers to underwrite more business.
✓ IRDAI has been relaxing the period of admissibility of premiums due from state governments for
solvency purposes from 180 days to 365 days since 2017-18.
✓ It has decided to extend this relaxation from FY23 onwards until further orders. It has also
reduced the capital required to be held by insurance companies offering policies under Pradhan
Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50 per cent to enable insurers to offer more
policies under the scheme.

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ECONOMY & BUSINESS


GDP & GROWTH RATE
ORGANIZATION YEAR RATE
National Statistical Office (NSO) Q4FY22 4.1%
In accordance with the ‘Provisional Estimates of
Annual National Income 2021-22 and Quarterly
Estimates of Gross Domestic Product for the Fourth
Quarter (Q4) of 2021-22’ by National Statistical
Office (NSO), Ministry of Statistics and Programme
Implementation (MoSPI), India’s economy grew by
4.1% year-on-year (y-o-y) in the Q4FY22 (January-
March quarter of 2021-22).
✓ The overall growth estimate for FY22 is
reduced to 8.7% from 8.8% projected earlier.
However, this is the highest in 22 years in
terms of back series data.
✓ Real Gross Domestic Product (GDP) at
Constant (2011-12) Prices in FY22 is
estimated to attain a level of Rs 147.36 lakh
crore, as against the First Revised Estimate of
Rs 135.58 lakh crore for FY21.
✓ Nominal GDP or GDP at Current Prices in
FY22 is estimated to attain a level of Rs
236.65 lakh crore, as against Rs 198.01 lakh
crore in 2020-21, showing a growth rate
of 19.5%.
Click here to read more
State Bank of India (SBI) 2022-23 7.5%
The State Bank of India (SBI) has projected Indian
economy to grow at 7.5% in 2022-23 which is an
upward revision of 20 basis points from its earlier
estimate.
✓ Real GDP (Gross Domestic Product) will
increase by Rs 11.1 lakh crore in FY23
which will be a growth of 7.5%, up by 20
basis points over previous forecast.
✓ Nominal (GDP) will also grow 16.1% to Rs
275 lakh crore in FY23.
There will be an inflation averaging at 6.5-6.7% in
FY23.
World Bank FY23 7.5%
The World Bank (WB) in its latest Global Economic
Prospects June 2022 Report has reduced its FY23
real Gross Domestic Product (GDP) growth forecast
for India to 7.5%, from 8% (April 2022, forecast),

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amid inflationary pressures, supply-chain


disruptions, and geopolitical tensions.
✓ India’s Growth is also expected to slow
further to 7.1% in 2023-24.
✓ It also lowered its global growth
forecast for calendar year 2022
to 2.9% from 4.1% (January 2022 forecast).
A rise in prices across all items from fuel to
vegetables and cooking oil pushed WPI or Wholesale
Price-Based Inflation to a record high of 15.08% in
April 2022 and retail inflation to a near 8-year
high of 7.79%.
OECD FY23 6.9%
In its “OECD Economic Outlook, June 2022”, the
Organisation for Economic Cooperation and
Development (OECD) slashed India‘s Gross Domestic
Product (GDP) growth to 6.9% in Fiscal Year 2022-23
(FY23) from its December 2021 forecast of 8.1
percent.
✓ This is 120 basis points lower than the
December 2021 forecast of 8.1%.
✓ The OECD expects that the global economy
will grow by 3% in 2022, down from 4.5%
predicted in December 2021, and that
inflation will be around 9%.
Despite a pick-up in corporate investment aided by
the Production Linked Incentive Scheme (PLI), Real
GDP is projected to rise by 6.9% in FY23 and 6.2% in
FY24.

ECONOMY NEWS
WPI inflation rises to Record High of 15.88% in May 2022: DPIIT Data
In accordance with the data released by the Office of the Economic Adviser, Department for Promotion
of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry (MoCI), the Wholesale Price
Index (WPI) inflation rose to a record high of 15.88% in May 2022 from 15.08% in April 2022. This is
the highest WPI in the 2011-12 series. The WPI based inflation was 13.11% in May 2021.
✓ May 2022 Statistics: Inflation in food articles - 12.34%, fuel and power basket inflation - 40.62%,
Inflation in crude petroleum & natural gas - 79.50%.
Retail inflation in May 2022 was 7.04%, remaining above the Reserve Bank’s upper tolerance level of
6% for the fifth consecutive month.
The highest inflation rate was recorded by Telangana at 9.45%, followed by Maharashtra at 8.52%
and Andhra Pradesh at 8.49%.

Maharashtra & UP Tops in GST Registrations by Businesses & Dealers


According to the official data from the government of India (GoI) on the aggregate Goods and Services
Tax (GST) registrations in the 2017-2022 period, Maharashtra and Uttar Pradesh (UP) have topped in
the GST registration by businesses and dealers followed by Gujarat and Tamil Nadu.

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✓ According to the data, Maharashtra has 1.48 million normal GST payers while UP has 1.33 million
GST payers.
✓ Gujarat has 1.09 million normal and composition taxpayers and Tamil Nadu has 1.06 million GST
registrations.
UP has the largest share of small businesses with over 357000 composition dealers, While Maharashtra
and Rajasthan have around 122000 and 137000 composition dealers respectively

India’s Merchandise Exports Likely to Be at USD 117.2 Billion In Q1 FY23: Exim Bank
The Export-Import Bank of India (India Exim Bank) has forecasted India’s total merchandise exports
to reach USD 117.2 billion, growing at 22.7% in the first quarter (Q1) of FY23. With this, India’s overall
merchandise exports will continue to cross USD 100 billion for the fourth consecutive quarter in a row.
✓ Non-oil exports continued to expand by double digits (12.6 %) in the Q1 (April-June) FY23,
reaching USD 93 billion, but the non-oil exports were USD 82.6 billion in Q1 FY22.
India’s overall exports (Merchandise and Services combined) are estimated to reach USD 62.21 billion
in May 2022, an increase of 24.03 % over May 2021.
Meanwhile, total imports (merchandise and services combined) are estimated to reach USD 77.65
billion in May 2022, up 59.19 % over the same period in 2021.

CEA: India would become USD 5 trillion economy by 2026-27 & USD 10 trillion by 2033-34
Anantha Nageswaran, Chief Economic Adviser (CEA) of India, stated that India would become a USD 5
trillion economy by 2026-27 and a USD 10 trillion economy by 2033-2034.
✓ At present India is a USD 3.3 trillion economy, assuming a 10% nominal GDP growth in dollar
terms will get USD 10 trillion by 2023-34 and another doubling with the same rate.
India’s economy grew 8.7% in the fiscal year 2021-22 against a 6.6% contraction in the previous year.

BUSINESS NEWS
WhatsApp Launches SMBSaathi Utsav; WhatsApp India, GoI Join Hands to Leverage Chatbot for
Non-Covid Use-Cases
WhatsApp India has launched the ‘SMBSaathi Utsav’ initiative to help small businesses use digital
media like the WhatsApp Business App to handle their business.
✓ It was launched in partnership with social media platform Josh Talks, with the goal of educating
and assisting small businesses in realising their full potential using WhatsApp.
WhatsApp India and the Government of India (GoI) have announced plans to expand the bot’s features
to include dedicated medical opinion for online cancer consultation and patient electronic history
capturing.
The chatbot is available in 14 states in regional languages in addition to Hindi and English. Click here to
read more

Tata Projects wins bid to construct Noida International Airport at Jewar, UP


The Yamuna International Airport Private Limited (YIAPL) has selected Tata Projects to undertake the
Engineering, Procurement and Construction (EPC) of the new greenfield airport, Noida International
Airport (NIA), at Jewar in Uttar Pradesh. The NIA is expected to be functional by 2024.
✓ The NIA, spread across 1334 hectares, will have a single-runway operation in the 1st phase with a
capacity to handle 12 million passengers per annum at an investment of Rs 5700 crore.
YIAPL, a 100% subsidiary of Zurich Airport International AG, was incorporated as a Special Purpose
Vehicle (SPV) to develop NIA.

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Airtel launches Xstream multiplex: India’s 1st multiplex in the Metaverse


Bharti Airtel (Airtel), has launched Xstream multiplex, India’s first multiplex in the metaverse on the
Partynite Metaverse platform. The Xstream multiplex is an extension of Airtel’s Xstream Premium
offering.
✓ Xstream is a 20-screen platform with access to content portfolios from leading (Over-The-Top)
OTT partners available on its application.
The idea of the multiplex was initiated by Essence, the integrated media agency of record of Airtel and
developed by Gamitronics, creator of Partynite, a blockchain-powered digital parallel universe.

MoU’s & AGREEMENTS


MoU’s BETWEEN COUNTRY
COUNTRY MoU’s WITH FIELD / PURPOSE
India Canada To boost bilateral cooperation on climate action,
environmental protection, and conservation.
✓ The MoU was signed by Union Minister
Bhupender Yadav, Ministry of Environment,
Forest, and Climate Change (MoEF&CC),
Government of India and Steven Guilbeault,
Minister of Environment and Climate Change,
Government of Canada on the sidelines of the
“Stockholm+50: a healthy planet for the
prosperity of all–our responsibility, our
opportunity” (Stockholm+50), at
Stockholmsmässan, Stockholm, Sweden.
Stockholm+50 is an international conference that
took place in Stockholm, Sweden on June 2-3, 2022,
five decades after the 1st UN Conference on the
Environment in 1972. It is hosted by Sweden and
organised by the UN, with support from the
Government of Kenya.
India Poland India and Poland have signed a Mutual Legal
Assistance Treaty (MLAT) on Criminal Matters.
Poland becomes the 45th country to sign an MLAT on
criminal matters with New Delhi.
✓ The treaty aims to enhance the effectiveness
of both Poland and India in the investigation
and Prosecution of various crimes including
crimes related to terrorism, through
cooperation and mutual legal assistance in
criminal matters.
The other countries include Australia, Canada,
France, Iran, Israel, Russia, Singapore, Ukraine, the
United Kingdom (UK) and the United States of
America (USA).
Israel United Arab Emirates Israel signed a Free Trade Agreement (FTA) with the
(UAE) United Arab Emirates (UAE), its first deal with an

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Arab country. The agreement was signed in Dubai by


Israel’s Economy & Industry Minister Orna Barbivay
and the UAE’s Economy Minister Abdalla Bin Touq Al
Marri.
✓ For UAE, the deal with Israel is its second
bilateral free trade agreement after
India (Signed in February 2022).
✓ UAE was also the third Arab nation to sign a
free trade deal after Egypt and Jordon
With this agreement, UAE became the first Gulf
country to normalize ties with Israel.

MoU’s WITH STATES


STATE MoU’s WITH FIELD / PURPOSE
Andhra Pradesh Byju’s Purpose: to impart quality education to students of
government schools.
✓ Under this partnership, the quality content
provided by Byju’s will make it easier for
children to understand in the visual medium,
and also help in achieving better results for
the students studying between class 4-10 in
government schools across the State.
The government would provide Tabs to guide the
students who are currently studying class 8 and will
be appearing for Class X exam in CBSE in 2025.
Chandigarh Indian Air Force Purpose: for setting up of a First-of-its kind Indian
(IAF) Air Force Heritage Centre in Union Territory of
Chandigarh.
✓ Simulators, decommissioned aircraft, aero
engines, and other IAF artefacts will be
housed in this facility. Virtual reality and
artificial intelligence will be used in the
centre.
IAF: Chief of Air Staff: Vivek Ram Chaudhari (VR
Chaudhari); Founded: 8 October 1932; HQ: New
Delhi
Tamil Nadu India Post Payments Purpose: to obtain life certificates from pensioners
Bank (IPPB) through the Postal Department’s Door Step Services.
✓ As per the MoU, the India Post Payments
Bank (IPPB) would provide Door Step
Services at a cost of Rs.70/- per Digital Life
Certificate.
✓ Presently, pensioners and family pensioners
can muster using one of the following
methods: Direct Mustering (physical
appearance); Submission of a Life Certificate
via Post; and Submission of a Digital Life

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Certificate (DLC) via the Jeevan Pramaan


Portal utilising a biometric device.
The mustering process is mainly aimed at verifying
life certificates of pension beneficiaries and linking
these certificates with Aadhaar cards.
Gujarat Tata Passenger Purpose: for the potential acquisition of Ford’s
Electric Mobility passenger vehicle manufacturing plant at Sanand,
Limited (TPEML), a Ahmedabad, Gujarat.
Tata Motors Ltd ✓ TPEML would acquire the land and buildings,
subsidiary & Ford a car manufacturing facility, machinery, and
India Private Limited equipment, as well as all eligible personnel of
(FIPL) FIPL Sanand’s vehicle manufacturing
operations, under the terms of the MoU,
subject to the signing of definitive
agreements and the obtaining of necessary
permits.
✓ MoU also entails continuation of the state
support agreement signed
between Gujarat government and Ford India
Pvt. Ltd. in 2011, which now includes Tata
Passenger Electric Mobility Limited.
Gujarat: Capital: Gandhinagar; Governor: Acharya
Devvrat; CM –Bhupendrabhai Rajnikantbhai Patel
Telangana Karnataka-based Purpose: for India’s first Display
Elest, a subsidiary of Fabrication (fab) Unit that will be set up in
gold retailer Rajesh Hyderabad, Telangana with investments worth Rs
Exports 24,000 crore
✓ A ‘Generation 6 AMOLED (Active Matrix
Organic Light Emitting Diodes) Display
FAB’ will be set up by Elest, with investments
worth Rs 24,000 crore. It is one of the largest
investments in India’s electronics sector and
the largest ever investment by size in
Telangana.
The Display FAB would be set up under the India
Semiconductor Mission (ISM) programme of the
Ministry of Electronics and Information Technology
(MeitY), Government of India.
Uttar Pradesh Expressways State Bank of India The Uttar Pradesh Expressways Industrial
Industrial Development (SBI), Bank of Baroda Development Authority (UPEIDA) has inked
Authority (UPEIDA) (BOB) & Punjab Memorandums of Understanding (MoUs) with three
National Bank (PNB) major nationalized banks of India – State Bank of
and with Small India (SBI), Bank of Baroda (BOB) & Punjab National
Industries Bank (PNB) and with Small Industries Development
Development Bank of Bank of India (SIDBI).
India (SIDBI) ✓ The collaboration is part of UPEIDA’s ongoing
support for investors in the Uttar Pradesh
(UP) Defence Industrial Corridor.

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✓ UPEIDA has also inked an MoU with the


Indian Institute of Technology (IIT) Kanpur
Research and Technology Park Foundation
(Technopark@iitk) to address IIT Kanpur’s
rising research and development (R & D)
requirements and potential for collaboration
with the domestic aerospace and defence
ecosystem.
UP: CM - Yogi Adityanath; Folk Dance – Kajri; Hurka
Baul; Khayal; Nautanki & Naqal.
Assam NLC India Ltd. Purpose: to set up a first-of-its-kind joint venture
company (JVC) for generating 1 Giga Watt
(GW) solar power with an investment of 5000 crore.
✓ NLC India Limited would hold 51
percent stake in the solar joint venture. The
electricity from the plant would be bought by
Assam at a tariff that would give a 12
percent return on equity.
✓ NLC India Ltd formerly known as Neyveli
Lignite Corporation Ltd, recently diversified
into renewable energy by which it became
the 1st public sector company to own 1,000
MW of renewable energy capacity.
(Particularly solar power).
NLC India Ltd: Chairman & MD – Rakesh Kumar;
HQ – Neyveli, Tamil Nadu
TANSIM Pontaq Pontaq, a Cross Border Innovation Fund & the Tamil
Nadu Startup and Innovation Mission (TANSIM) –
StartupTN backed by Micro, Small and Medium
Enterprises (MSME) Department, Government of
Tamil Nadu (TN).
Purpose: Under this MoU, the government of TN will
help the Pontaq-supported companies to expand
their business operation in TN.
✓ Pontaq is an innovation fund which invest in
early-stage technology businesses in the
United Kingdom (UK), India, the United States
of America (USA) and Canada.
MoU b/w: Department of Employment and Training,
Govt. of TN & Tata Technologies Limited (TTL)
Purpose: for upgrading 71 Industrial Technical
Institutes (ITIs) run by the TN govt. into modern
technology centres.
Its objective is to bridge the gap between academia
and industry by facilitate innovations & skill
development of students and industry professionals
to meet the industry 4.0 standards.

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Haryana Israel Joint Declaration b/w: Haryana Govt & Israel,


celebrating 30 years of diplomatic relations between
India & Israel.
Purpose: a joint declaration on integrated water
resources management and capacity building. Water
security has been one of the most important pillars of
the India-Israel relationship.
✓ The joint declaration was signed
by Ambassador Eynat Shlein, Israeli
Ambassador to India and head of Mashav,
Israel’s Agency for International
Development Cooperation at Israel’s Ministry
of Foreign Affairs and the Irrigation and
Water Resources Department, Government of
Haryana, India.
Israel: President– Isaac Herzog; PM– Naftali
Bennett; Currency– Israeli New Shekel.
West Bengal BLS International Purpose: for computerisation and e-governance of
Services, a tech- registration offices in Public-Private Partnership
enabled services (PPP) mode in the Presidency Zone.
partner for ✓ BLS International Services Ltd. has been
governments and selected by the Directorate of Registration
citizens and Stamp Revenue, Govt. of West Bengal for
Computerization and e-Governance of
Registration offices in West Bengal.
✓ In the project, the company will procure,
install and commission the hardware for 81
offices under the Presidency Zone.
Deployment of manpower, management and
maintenance of manpower and hardware will
be done for five years.
BLS International Services: MD – Nikhil Gupta; HQ
– New Delhi, Delhi.
MACCIA BSE BSE Limited also called Bombay Stock Exchange, a
leading stock exchange & Maharashtra Chamber of
Commerce, Industry and Agriculture (MACCIA), apex
chamber of Maharashtra which supports the
government in economic development and
advancement of people in Maharashtra.
Purpose: to promote and create awareness in
Maharashtra on the benefits of Small and Medium
Enterprises (SME) listing.
✓ BSE will provide technical and manpower
support to SME enterprises that are
registered with MACCIA to get listed on the
BSE SME platform.
✓ BSE Limited had already signed an
MoU with Federal Bank to promote the
listing of SMEs and startups

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MACCIA: President – Lalit Gandhi; HQ – Mumbai,


Maharashtra.

MoU’s BETWEEN ORGANIZATION


ORGANIZATION MoU’s WITH FIELD / PURPOSE
Ministry of Defence (MoD) Bharat Dynamics The Ministry of Defence (MoD) has inked a
Limited (BDL) contract with Hyderabad-based public-
sector Bharat Dynamics Limited (BDL) for the
supply of ASTRA MARK (MK)-I Beyond Visual
Range (BVR) Air-to-Air Missile (AAM) and
related equipment to the Indian Air Force (IAF)
and Indian Navy.
✓ The contract was signed under the Buy
(Indian-Indian Designed, Developed, and
Manufactured (IDDM)) category and is
worth Rs. 2,971 crores.
✓ The purchase under the ‘Buy (Indian-
IDDM)’ category refers to the purchase of
products from an Indian vendor that have
been indigenously designed, developed,
and produced with a minimum of 50%
Indigenous Content (IC) on a cost basis of
the overall contract value.
Only a few missile manufacturers in the United
States, Russia, Europe, and China have mastered
the technologies used in BVR AAMs. India has now
become a member of this exclusive club.
Blue Dart Express Limited Climate Neutral Now’ Blue Dart Express Limited, an Indian logistics
(CNN) pledge company and a part of the Deutsche Post DHL
(DPDHL) Group has signed the ‘Climate Neutral
Now’ (CNN) pledge framed by the United Nations
Framework Convention on Climate Change
(UNFCCC) to ambitious CO2 reduction targets and
the company’s long-term goal is to reduce GHG
emissions to net zero by 2050.
✓ DPDHL Group has taken a measures worth
up to Euro 7 billion to reduce its
greenhouse gas emissions by 2030 in line
with the Paris Climate Agreement.
✓ Climate Neutral Now (CNN) was launched
in 2015.It is one of several initiatives
launched by the UNFCCC secretariat to
increase climate action by engaging non-
Party stakeholders (sub-national
governments, companies, organizations,
individuals).
Blue Dart: Chairman –Sharad Upasani; HQ –
Mumbai,Maharashtra

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Department of Bill and Melinda Gates Purpose: for developing new preventions,
Biotechnology (DBT) Foundation therapies and interventions to solve health
(human and animal), food and nutritional
inequities.
Under the renewed MoU, the partnership pledges
USD 50 million investment to explore the
mechanisms to support innovators, focused on
early-mid stage research and product
development to tackle health and developmental
issues.
National Highways Indian Institute of Purpose: for sharing knowledge on innovative
Infrastructure Development Technology (IIT)- ideas and technologies in the field of highway
Corporation Roorkee engineering.
Limited (NHIDCL) It aims to establish the collaboration between the
NHIDCL and IIT-Roorkee in order to take up
various activities of common interest such as
sharing knowledge on innovative ideas and other
infrastructure works as per mutually agreed
terms and conditions.
Spices Board Flipkart Purpose: to enhance market access and support
to promote farmers and grassroots organisations
working in the spices sector.
✓ Spice board, the flagship organization of
the Ministry of Commerce and Industry
(MoCI), has partnered with Flipkart under
its initiative Flavourit Spices Trading
Limited (FSTL).
The ToU was signed under the Flipkart
Samarth programme, which aims to empower
Micro, Small & Medium Enterprises (MSMEs)
artisans, entrepreneurs, and rural seller and
farmer communities that sells products associated
with rich cultural heritage through Flipkart.
Adani Enterprises TotalEnergies of Purpose: to build the world’s largest green
Limited (AEL) France hydrogen ecosystem.
✓ Total Energies would invest at least USD
12.5 billion to acquire a 25% minority
interest in Adani New Industries
Limited (ANIL) from AEL as part of this
partnership.
✓ France’s Total Energies is one of the
world’s largest oil and gas companies. It
already owns a 37.4% stake in Adani Total
Gas Ltd.
Before 2030, ANIL will build a green hydrogen
production capacity of 1 million tonnes per
annum (Mtpa), backed by about 30 gigawatts
(GW) of new renewable power generation
capacity.

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Indian Navy National Centre for Purpose: for “Cooperation on Numerical Model-
Medium Range Based Applications in Meteorology and
Weather Oceanology.”
Forecasting (NCMRWF) ✓ Under this collaboration, the Indian Navy
of the Ministry of Earth and NCMRWF will share expertise in the
Sciences (MoES) domains of weather and ocean modelling,
coupled modelling, data assimilation,
ensemble forecasting, and satellite data
utilisation, with the intent of keeping both
organisations up to date with rapid
development.
It will help develop advanced numerical weather
prediction systems, including coupled models,
that will have greater reliability and accuracy over
the Indian Ocean Region (IOR) and global regions.
GE Steam Power, a world Bharat Heavy Purpose: A USD 165 million pact to supply three
energy leader Electricals Limited nuclear steam turbines.
(BHEL), a public sector ✓ The pact is for the supply of three nuclear
unit. steam turbines out of six units for Nuclear
Power Corporation of India Limited
(NPCIL) domestic nuclear program- phase
1 being developed at Gorakhpur in
Haryana (units – 1 to 4 [Gorakhpur
Haryana Anu Vidyut Pariyojana (GHAVP)]
and Kaiga in Karnataka (Kaiga Generating
Station-5&6).
GE Steam Power will manufacture nuclear steam
turbines at its facility in Sanand, Gujarat, as part of
the Government of India’s Aatmanirbhar Bharat
initiative.
LinkedIn Corporation UN Women Purpose: for the LINK Women project with an
investment of USD 5,00,000 (Rs 3.88 crore) to
advance women’s economic empowerment.
✓ This is a 15-month pilot project, with the
implementation period July 2022 –
October 202, launched in Maharashtra,
after which UN Women and LinkedIn will
incorporate lessons learned and
evaluative feedback to improve the
programmes.
✓ It aims to create a cadre of women who
will acquire new digital and employability
skills, leading to better jobs.
LinkedIn Corporation: CEO – Ryan Roslansky;
Establishment – 5th May 2003; HQ – California,
United States.
Bharat Electronics Limited Defense Initiatives (DI), Purpose: to collaborate on the supply of Airborne
(BEL) Belarus, and Defense Defense Suite (ADS) for Indian Air Force (IAF)
Initiatives Aero Pvt Ltd

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India, a subsidiary of DI helicopters. ADS is used for providing protection


Belarus to helicopters.
✓ BEL will serve as the prime contractor and
get support from DI with respect to the
transfer of technology (manufacturing and
maintenance) for supply of advanced
electronic Warfare (EW) suite for
helicopters.
Belarus: President – Aleksandr Lukashenko;
Capital – Minsk; Currency – Belarusian Ruble
Meta (Formerly known as Ministry of Tribal Purpose: to launch the 2nd phase of Going Online
Facebook) Affairs As Leaders (GOAL) 2.0 programme.
✓ It was launched by Union Minister
Arjun Munda, Ministry of Tribal Affairs.
✓ In the 2nd phase, a platform will be
created for more than 50,000 self-help
groups and 10 lakh families associated
with Tribal Cooperative Marketing
Development Federation of India Limited
(TRIFED) to reach globally.
Ministry of Tribal Affairs: Union Minister
– Arjun Munda (constituency – Khunti (ST)
Jharkhand); Minister of State – Renuka Singh
Saruta, Bishweswar Tudu; Establishment – 1999
Cashfree Payments India EasyTransfer, China’s Purpose: for overseas students, to offer a faster,
Private largest online financial easier, and cheaper platform for Indian students
Limited (Cashfree Payments) service platform to make fee payments to universities and
educational institutions abroad. It will be
launched by early June 2022.
✓ This partnership will enable the Indian
students to make educational payments
directly through their existing bank
accounts and eliminate the need to set up
new accounts for this purpose.
EasyTransfer and Cashfree Payments have
streamlined India’s Liberalised Remittance
Scheme (LRS) declaration process. This allows
payments to be completed fully online.
Centre for Development of Galore Networks Purpose: to boost indigenous development of
Telematics (C-DOT), the end-to-end 5G (fifth generation) Radio Access
Research & Development (R & Network (RAN) products and solutions.
D) division of ✓ The partnership will create 5G products
the Department of for Indian and global tier-1 telecom
Telecommunications (DoT), operators, critical networks, and private
Ministry of Communications networks, highlighting the underlying
potential of India’s immense technological
prowess.

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Galore Networks: Director (MD) – Balaji


Kulothungan; Establishment – 2013; HQ –
Bengaluru, Karnataka.
Department of Pension & State Bank of Purpose: to develop an integrated pensioners’
Pensioners’ Welfare (DoPPW), India (SBI) portal, in order to provide seamless services and
Ministry of Personnel, Public enhance the quality of life for pensioners.
Grievances and Pensions ✓ On June 20 and 21, 2022, DoPPW made
this announcement during a two-
day Bankers’ Awareness Program that it
had organised in Udaipur, Rajasthan.
The program was organized for SBI officers
working in the Northern Region of India who
handle pension-related duties.
Syngenta India, a Agri-tech Agriculture Insurance Purpose: to safeguard chilli farmers of Guntur,
Company’s vegetable seed Company of India (AIC) Andhra Pradesh (AP) from unfavourable price
division fluctuations due to unpredictable market
conditions.
✓ This is the 1st initiative for crop
protection against market fluctuation.
Until now, the compensation was given
due to the natural calamities.
✓ About 2000 farmers of Atchampet, Guntur
have been growing Syngenta’s Hot
Pepper Hybrid HPH 5531
Syngenta India: Managing Director (MD)
– Susheel Kumar; HQ – Pune, Maharashtra.

OTHER MoU’s IN CONTENT FORMAT


C-DOT signs agreement with VVDN Technologies & WiSig Networks to Develop 5G Open RAN
Agreement b/w: Centre for Development of Telematics (C-DOT), WiSig Networks Private Limited, and
VVDN Technologies Private Limited.
Purpose: to collaborate in the area of Open RAN (Radio Access Network) based Radio Network for 5G
solution.
✓ This collaboration will utilize technical competencies of the Indian R&D (Research &
Development) industry for indigenous design, development, manufacturing and deployment of
cost-effective 5G products and solutions.
✓ They will work towards O-RU (Open Radio Unit) design which includes indigenously developed
Hardware and software.

Karnataka: Signs MoUs to Help Women SHGs, Promote Organic Farming; CM Inaugurates
Largest IKEA Store
Karnataka government signed 2 Memorandum of Understanding (MoU) that will help economic
activities of women self-help groups and facilitate organic farmers to sell their produce directly to
consumers. The purpose of MoU is to scale up at least 100-150 existing women-owned or women-led
growth-oriented enterprises in Karnataka.
On 22 June 2022 Karnataka Chief Minister (CM) Basavaraj Bommai inaugurated IKEA’s store, a leading
Swedish home furnishing retailer in Bengaluru, Karnataka. The Bengaluru store is IKEA’s fourth outlet

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in India. IKEA opened its 1st Indian store in Hyderabad in 2019, followed by its Navi Mumbai store in
December 2020 and another store in Worli, Mumbai.

APPOINTMENTS & RESIGNATIONS


APPOINTMENTS
NATIONAL
PERSON NAME APPOINTED AS ENTITY / PLACE KEY NOTES
Krishna Srinivasan Director IMF’s Asia and Kristalina Georgieva, Managing
Pacific Department Director (MD) of the International
(APD) Monetary Fund (IMF), has appointed
Indian national Krishna
Srinivasan, as the director of the
IMF’s Asia and Pacific Department
(APD) from 22nd June 2022.
✓ He is currently serving as the
Deputy Director in APD and
oversees the APD’s
surveillance work on large
and systemically important
countries like China and
Korea, and smaller states in
the Pacific like Fiji and
Vanuatu.
He will
succeed Changyong Rhee who
relinquished his role as APD Director
immediately, following his
nomination as a candidate for
Governor of the Central Bank of
Korea.
Venkat Nageswar Member of the Srei Infrastructure Reserve Bank of
Chalasani Advisory Finance India (RBI) appointed Venkat
Committee Limited (SIFL) and Nageswar Chalasani, former Deputy
Srei Equipment Managing Director of SBI, as a
Finance member of the Advisory Committee
Limited (SEFL) of Srei Infrastructure Finance
Limited (SIFL) and Srei Equipment
Finance Limited (SEFL) with effect
from 22nd June 2022. He succeeds
R Subramaniakuma, Former MD &
CEO, Indian Overseas Bank.
✓ The three-member Advisory
Committee shall advise the
Administrator in the
operations of the SIFL and
SEFL during the corporate

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insolvency resolution
process.
The other 2 members of the
committee are, T T
Srinivasaraghavan (former
Managing Director, Sundaram
Finance Limited) and Farokh N
Subedar (former Chief Operating
Officer and Company Secretary, Tata
Sons Limited).
Parameswaran Iyer Chief Executive NITI (National Appointments Committee of the
Officer (CEO) Institution for Cabinet (ACC) has approved the
Transforming India) appointment of Parameswaran
Aayog Iyer, 1981 batch Indian
Administrative Service (IAS) officer
of Uttar Pradesh (UP) cadre as the
Chief Executive Officer (CEO) of NITI
(National Institution for
Transforming India) Aayog for a
period of 2 years or until further
orders.
✓ He will succeed Amitabh
Kant who is set to complete
his 6-year stint as CEO of
NITI Aayog on June 30, 2022.
✓ At Present, Parameswaran
Iyer functions as the
Programme Manager of 2030
Water Resources Group, a
platform hosted by the World
Bank for water conservation.
NITI Aayog: Chairman– Narendra
Modi (Prime Minister of India); Vice
Chairman– Suman Bery; HQ– New
Delhi, Delhi.
Avinash Kulkarni CEO India Debt Avinash Kulkarni, Chief Executive
Resolution Company Officer (CEO) of India
Limited (IDRCL) Resurgence ARC (Asset
Reconstruction Company) Private
Limited (IRARC), has been
appointed as the CEO of India Debt
Resolution Company
Limited (IDRCL) for a period of 3
years. He is set to take over as the
new CEO of IDRCL from the current
CEO Manish Makharia in July 2022.
✓ Avinash Kulkarni’s
appointment to IDRCL
follows the appointment of

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SBI veteran Natarajan Sundar


as the CEO of NARCL in April
2022. He took over as the
CEO in May 2022.
IDRCL is a private sector company
controlled by private sector banks
that own a 51% share. The
remaining 49% stake is held by
Public Sector Banks (PSBs) and
Public Financial Institutes (FIs).
Manimekhalai MD & CEO Union Bank of India The Banks Board Bureau (BBB), an
(UBI) Autonomous Body of Government of
India, has recommended the names
for the positions of Managing
Director & CEO in Union Bank of
India (UBI), Indian Overseas Bank
(IOB) and Punjab & Sind Bank (PSB).
✓ Manimekhalai, executive
director at Canara Bank, has
been recommended as the
Ajay Kumar Srivastava MD & CEO IOB MD & CEO of Union Bank of
India (UBI) for extension of
term by two years or until
her date (March 2026). She
succeeded Rajkiran Rai G,
whose tenure ended on May
31. She is first woman to be
appointed as the MD & CEO
of UBI.
Swaroop Kumar Saha MD & CEO Punjab & Sind Bank
✓ Ajay Kumar
Srivastava, Executive
Director at IOB, has been
recommended and Selected
as the MD & CEO of the
IOB.He will replace Partha
Pratim Sengupta.
Swaroop Kumar Saha has been
recommended and subsequently
appointed as the MD & CEO at the
Punjab & Sind Bank.He succeeded S
Krishnan who retired in May 2022.
Sujoy Lal Thaosen (S L Director-General Sashastra Seema Sujoy Lal Thaosen (S L Thaosen),
Thaosen) Bal (SSB) Madhya Pradesh-cadre 1988 batch
Indian Police Service (IPS) officer,
has been appointed as the new
Director-General (DG) of the
Sashastra Seema Bal (SSB). He has
been serving as the Special Director

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General of the Border Security Force


(BSF).
✓ The SSB force guards the
India’s borders with Nepal
(1,751 km) and Bhutan (699
km).
✓ The post of SSB chief has
been lying vacant after
incumbent DG Kumar Rajesh
Chandra retired on 31st
December 2021. Indo-
Tibetan Border Police (ITBP)
DG Sanjay Arora has been
holding the additional charge
of the SSB DG since
December 2021.
West Bengal-cadre 1988-batch IPS
officer, Zulfiquar Hasan has been
appointed as the new Director-
General of the Bureau of Civil
Aviation Security (BCAS) for a
tenure up to his superannuation on
31st october 2024.
Vasudevan Pathangi Managing Director Equitas Small The Reserve Bank of India (RBI) has
Narasimhan (MD) & Chief Finance Bank (ESFB) approved the proposal
Executive Officer to reappoint Vasudevan Pathangi
(CEO) Narasimhan (Vasudevan P N) as the
Managing Director (MD) & Chief
Executive Officer (CEO) of the
Equitas Small Finance Bank (ESFB),
for a period of one year with effect
from July 23, 2022/
✓ He is the founder and CEO of
ESFB, a small-cap company
with a market capitalization
of Rs. 4,833 crores.
ESFB: MD & CEO – Vasudevan
Pathangi Narasimhan;
Commencement of
Operation – September 5, 2016;
HQ – Chennai, Tamil Nadu; Tagline –
“It’s Fun Banking”
Rajesh Gera Director General National Informatics Appointments Committee of the
Centre (NIC) Cabinet (ACC) has approved the
appointment of the Senior
Scientist Rajesh Gera as the Director
General, National Informatics Centre
(NIC) under Ministry of Electronics &
Information Technology (MeitY).

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Senior scientist Rajesh Gera was a


Deputy Director General in the NIC
earlier.
✓ ACC approved the
appointment of Kimbuong
Kipgen as Secretary, Public
Enterprises Selection Board
(PESB) after his retirement
on contractual basis for a
period of one year.
✓ The Ministry of Personnel
has extended the Central
Deputation tenure of 1996
batch IAS officer – Lav
Agarwal, Joint Secretary of
Department of Health &
Family Welfare, to a period
till 28.08.2023 or until
further notices.
NIC is under the Ministry of
Electronics and Information
Technology (MeitY). Established
in – 1976 ; HQ – New Delhi, Delhi
Pankaj Sharma Part-time member Pension Fund The Government of India (GoI) has
Regulatory & appointed Pankaj Sharma, the joint
Development Secretary in the Department of
Authority (PFRDA) Financial Services (DFS) as a part-
time member of the Pension Fund
Regulatory & Development Authority
(PFRDA). PFRDA consist of a
chairman, 3 whole-time members
and 3 part-time members.
✓ He succeeds erstwhile DFS
Additional Secretary Vandita
Kaul, 1989 batch Indian
Postal Service (IPoS) officer,
who was repatriated to her
parent cadre.
GoI has also appointed Suchindra
Mishra, Additional Secretary in DFS
as a member of the International
Financial Services Authority (IFSCA)
board and Shashank Saxena, Senior
Economic Advisor in Department of
Economic Affairs as a member of
IFSCA.
Natarajan Sundar Managing Director National Assets Natarajan Sundar has been
(MD) and Chief Reconstruction nominated Managing Director (MD)
and Chief Executive Officer (CEO) of

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Executive Officer Company Ltd the National Assets Reconstruction


(CEO) (NARCL) Company Ltd (NARCL), the
government-backed bad bank. He
has been appointed to replace the
incumbent chief executive officer Mr.
Padmakumar M Nair.
✓ Earlier in May 2022,
Natarajan Sundar retired as
Deputy Managing Director
and Chief Credit Officer of
State Bank of India (SBI).
✓ NARCL had
appointed Karnam Sekar as
independent director and
non-executive chairman of
the board. He is a former MD
and CEO of Indian Overseas
Bank and Dena Bank.
Malvika Sinha, retired executive
director of RBI, also joined as
independent director
Alok Kumar Choudhary Managing Director SBI The Appointments Committee of the
(MD) Cabinet (ACC) has approved the
proposal of Department of Financial
Services for appointment of State
Bank of India’s (SBIs) Deputy
Managing Director
(DMD) Alok Kumar Choudhary as
Managing Director (MD) for a period
of 2 years, effective from 30th June
2022.He will be handling the Retail
Business & Operations of the lender
in SBI.
✓ He replaces former
MD Ashwini Bhatia who
took charge as a whole-time
member of the Securities and
Exchange Board of India
(SEBI).
With the appointment of Alok Kumar
Choudhary, SBI will have 4 MDs
headed by the Chairman. SBI:
Chairman – Dinesh Kumar Khara;
HQ – Mumbai, Maharashtra
R Subramaniakumar Managing RBL Bank The Reserve Bank of India (RBI) has
Director (MD) and approved the appointment of R
Chief Executive Subramaniakumar as Managing
Officer (CEO) Director (MD) and Chief Executive
Officer (CEO) of RBL Bank for a

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period of 3 years with effect from the


date of his taking charge, under
Section 35B of the Banking
Regulation Act 1949.
✓ He
succeeds Rajeev Ahuja, who
was an Interim MD and CEO.
RBL Bank, formerly known as
Ratnakar Bank. HQ – Mumbai,
Maharashtra; Founded In – 1943.
Dr D J Pandian Director-General NDB’s India Regional New Development Bank (NDB),
Office (IRO) in GIFT headquartered in Shanghai, China,
City has appointed Dr D J
Pandian, retired IAS Officer, as the
Director-General of its India Regional
Office (IRO) in Gujarat International
Finance Tec-City (GIFT City),
Ahmedabad, Gujarat.
✓ Pandian has previously
served as the Vice President
and Chief Investment Officer
of the Asia Infrastructure
Investment Bank (AIIB)
based in Beijing, China.
He has also served as the Chief
Secretary of Gujarat.

INTERNATIONAL
PERSON NAME APPOINTED AS ENTITY / PLACE KEY NOTES
General President Albania Albania’s parliament has elected a top
Major Bajram Begaj military official, General
Major Bajram Begaj as its new president
after no candidates were nominated in three
rounds of voting. The outgoing President Ilir
Meta, who will remain in office until 22nd
July 2022, signed the decree on Begaj’s
dismissal as Chief of General Staff of the
AAF.
✓ Earlier, Bajram Begaj held the post of
the Chief of General Staff of the
Albanian Armed Forces (AAF).
✓ Bajram Begaj is
Albania’s 8th president and
the 3rd from the military ranks. He
will take oath as the new president
on 25th July 2022.
Albania: Capital – Tirana; Currency
– Albanian lek; PM – Edi Rama

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Gustavo Francisco 1st leftist Colombia Gustavo Francisco Petro Urrego (Gustavo
Petro Urrego President Petro), a former Mayor of capital Bogota
(Gustavo Petro) and a longtime senator, who has
transformed the social and economic
system, becomes 1st leftist President, who
will take office in August 2022.
✓ Gustavo Petro won the Presidential
Election against his rival Rodolfo
Hernandez and will succeed Iván
Duque Márquez who has been
serving as the President of Colombia
since 2018.
✓ Francia Marquez, will be the
country’s first Afro-Colombian
woman Vice-President.
Colombia: Capital – Bogota; Currency
– Colombian Peso
Hamza Abdi Barre Prime Minister Somalia On 15th June 2022 Somalia’s President
Hassan Sheikh Mohamud appointed a
former chairman of the Jubbaland state
election commission, Hamza Abdi Barre as
the prime minister (PM).
✓ Hamza Abdi Barre from the semi-
autonomous state of Jubbaland
replaces Mohamed Hussein Roble.
✓ Hassan Sheikh Mohamud won the
presidency for the 2nd time in May
2022, having previously served from
2012 to 2017.
Somalia: President – Hassan Sheikh
Mohamud; Capital – Mogadishu; Currency
– Somali Shilling
Rabab Fatima UNs Under UN United Nations (UN) Secretary
Secretary General General Antonio Guterres appointed
Ambassador Rabab Fatima, Permanent
Representative of Bangladesh as the Under
Secretary General or Assistant Secretary
General of the UN and also appointed as
High Representative for the Least Developed
Countries, Landlocked Developing
Countries, and Small Island Developing
States (UN-OHRLLS).She succeeds
Courtenay Rattray of Jamaica who was
Amandeep Singh Gill UNs Envoy on
appointed as the Chef de Cabinet.
Technology
✓ Senior Indian
diplomat Amandeep Singh Gill has
been appointed by United Nations
Secretary-General Antonio Guterres
as his Envoy on Technology.

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United Nations Secretary-General António


Guterres appointed Navid Hanif of Pakistan
as Assistant Secretary-General for Economic
Development in the Department of
Economic and Social Affairs.
Mohammed Hasan President International The International Weightlifting Federation
Jalood Weightlifting (IWF) has elected Mohammed Hasan
Federation (IWF) Jalood from Iraq as its new president at the
2022 IWF Special and Electoral Congress in
Tirana, Albania. He is also the first Asian
who became president in International
Weightlifting Federation. He succeeds out-
going Interim President Dr. Michael Irani.
✓ Ursula Garza Papandrea from
America became the first female
vice president of the IWF. The
American is a former two-time
national champion and is the first
and only woman to attain USA
Weightlilfting’s highest coaching
level.
✓ José Quinones of Peru was elected
General Secretary Treasurer.
IWF: Founded in – 1905; HQ – Lausanne,
Switzerland.

BRAND & CAMPAIGN AMBASSADORS


PERSON NAME BRAND / CAMPAIGN KEY NOTES
Mahendra Singh Dhoni (MS Brand Ambassador Garuda Aerospace appointed former Indian cricket
Dhoni) World Cup (2011)-winning captain Mahendra Singh
Dhoni (MS Dhoni) as its brand ambassador. He will
also be one of their minority shareholders of Garuda
Aerospace, a Chennai-based aviation and aerospace
component manufacturing firm.
✓ According to India Brand Equity
Foundation (IBEF), a report by BIS Research
the global drone market is currently
dominated by the US, China and Israel and its
estimation reaches to USD 28.47 billion in
FY 22, with India accounting for
about 4.25% of the share.
Recently the company has announced its support
towards agriculture by selling drones - unmanned
aerial vehicles (UAV), to village-level entrepreneurs
or pesticide and fertilisers retailers, that help with
agricultural production, crop growth monitoring,
and agriculture operations optimization.

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AR Rahman Ambassador On 7th June 2022 ‘India-United Kingdom (UK)


Together Season of Culture’ appointed Music
Maestro AR Rahman as its ambassador which was
officially launched by Britain’s Deputy High
Commissioner to India Jan Thomson and Director
(India) of the British Council Barbara Wickham.
✓ The launch marked the 75th anniversary of
India’s independence. AR Rahman was a key
consultant to the Season of Culture.
The ‘Season of Culture’ intends to build on the
British Council’s work in India and strengthen
partnerships between India and the UK in the arts,
English, and education.

OTHER APPOINTMENTS & RESIGNATIONS


Mukesh Ambani Resigns from Board of Reliance Jio, Akash Ambani Became Chairman
The Reliance Industries (RIL) Chairperson & Managing Director (MD), Mukesh Ambani resigned from
the Board of Directors (BoD) of Reliance Jio Infocomm Ltd (Reliance Jio), the digital and telecom arm of
RIL.
✓ Akash M. Ambani, Non-executive Director of Reliance Jio Infocomm and son of Mukesh Ambani
takes over as the Chairman of the board of directors of Reliance Jio. The resignation of Mukesh
Ambani as Director of the company with effect from June 27, 2022.
✓ Mukesh Ambani will continue to be the Chairman of Jio Platforms Ltd, the flagship company that
owns all Jio digital services brands including Reliance Jio Infocomm.
The Reliance Jio BoDs approved the appointment of Pankaj Mohan Pawar as Managing Director (MD)
of the company for a period of 5 years commencing from June 27, 2022.

Justice PK Mohanty gets Additional Charge as Lokpal Chairperson


Ram Nath Kovind, President of India, has given justice Pradip Kumar (PK) Mohanty the additional
charge of Lokpal chairperson after Justice Pinaki Chandra Ghose completed his term as Chairperson of
Lokpal on 27th May 2022.
✓ Justice Pinaki Chandra Ghose was appointed as the 1st chairperson of Lokpal in 2019.
✓ Justice Mohanty, former Chief Justice of Jharkhand High Court, has been serving as Member
(Judicial), Lokpal since March 2019.
✓ The Lokpal is headed by a chairperson and can have 8 members. At present, there are 6 members
in the Lokpal.
The chairperson of Lokpal and members are appointed for a term of 5 years or until attaining the age of
70 years.

Nitin Gupta named as New CBDT chairman; Tapan Kumar Deka is a New IB Chief; Shyam Saran
is IIC’s New President
A Committee of Secretaries has selected Nitin Gupta, a 1986 batch IRS officer, as a new Chairman of
the Central Board of Direct Taxes (CBDT), an apex body of the Income Tax Department. His
appointment was approved by the Appointment Committee of Cabinet (ACC).
✓ He will replace Sangeeta Singh, a 1986 batch Indian Revenue Service (IRS) officer who is
an incumbent chairman of CBDT after JB Mohapatra, a full-time chairman retired as the head of
the direct taxes administration body on 30th April 2022.

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✓ Tapan Deka,a 1988 batch IPS officer of the Himachal Pradesh cadre has been appointed the new
Director of Intelligence Bureau (IB), central intelligence agency. He will replace incumbent
Arvind Kumar from 30th June 2022 till June 2024, for a period of two years.
✓ Samant Kumar Goel, an officer of the Punjab cadre, current chief of Research and Analysis
Wing (R&AW), has been given an extension of one year in his tenure which comes to an end on
30th June 2022.
✓ Former foreign secretary Shyam Saran has been elected as the new president of the India
International Centre (IIC). He took charge as the President of IIC succeeding Narinder Nath
Vohra(N N Vohra). The President of the IIC is elected once in 5 years. Click here

Government Re-Established the Central Advisory Board on Archaeology


The Central Advisory Board on Archaeology (CABA) was reconstituted by the Archaeological Survey of
India (ASI), with the Union Minister of Culture, Gangapuram Kishan Reddy as chairperson and
members including officials from the Culture Ministry and ASI, Members of Parliament, nominees of
State governments, representatives from universities, scientists, and experts on the Indus Valley script.
✓ The board comprises five persons nominated in their personal capacities by the Government of
India along with a Former Director-Generals of ASI.
✓ CABA was reconstituted by The President for a three-year term.
✓ The main objective for reconstitution was to promote closer contacts between the Archaeological
Survey of India and the Indian Universities to conduct the researches.

Sachin Tendulkar to continue as UNICEF’s Goodwill Ambassador for a record 20th Year
Former Indian Cricketer Sachin Tendulkar is set to continue as Goodwill Ambassador of United
Nations Children’s Fund (UNICEF) working towards the welfare of underprivileged children, for a
record 20th year.
✓ In 2003, UNICEF selected him to lead the initiative to create awareness and promote polio
prevention in India. Since then, he has been associated with UNICEF for over 2 decades.
In 2008, he was roped in to promote hygiene and sanitation among communities and in 2013 he was
appointed as UNICEF Ambassador for South Asia to advocate good hygiene and sanitation across the
region.

SAI DG Sandip Pradhan Tenure Extended till 2024 by ACC


Appointment Committee of Cabinet (ACC) extended the service tenure of Sports Authority of India
(SAI)’s Director General Sandip Pradhan to another two years till 30th September 2024.
✓ He was an Indian Revenue Services (IRS) officer of 1990 batch, was to end his current tenure on
July 6 but has been granted an extension till September 30, 2024.
✓ In 2019, Sandip Pradhan replaced Neelam Kappor as the Director General of Sport Authority of
India.
Sports Authority of India (SAI) was set up in 1984 to carry forward the legacy of the IXth Asian Games
held in New Delhi in 1982 under the Department of Sports.

Govt Appoints 4 Part-Time Directors for 4 Years on RBI Central Board


Appointments Committee of the Cabinet (ACC) has nominated 4 part-time non-official Directors on the
central board of RBI for a tenure of 4 years effective from 14th June 2022 or until further orders. They
are: Anand Gopal Mahindra; Venu Srinivasan; Pankaj Ramanbhai Patel; Dr. Ravindra H. Dholakia.
✓ The four new appointees will be part of the 10 non-official directors of the Governing body of the
RBI appointed by the Government from time to time.
✓ The official full-time directors of the RBI governing board consist of the Governor and four deputy
governors.

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✓ RBI: Governor – Shaktikanta Das; Establishment – 1935; HQ – Mumbai, Maharashtra

Mayank Kumar Agrawal DG of DD given additional charge of Prasar Bharati CEO


Mayank Kumar Agrawal, Director General (DG) of Doordarshan (DD) and Doordarshan News has been
given additional charge as CEO of Prasar Bharati till further orders or regular appointment to the post.
✓ Mayank Kumar Agrawal, a 1989-batch Indian Information Service official, was given the additional
charges following the approval from Anurag Thakur, Union Minister of Information and
Broadcasting.
✓ This decision was made after the 5-year tenure of Shashi Shekhar Vempati as CEO of
Prasar Bharati concluded on 8th June 2022.
Shashi Shekhar Vempati was the youngest & first non-bureaucrat to hold the office since its creation in
1997.

Ruchira Kamboj Becomes next Permanent Representative of India to the UN


Senior diplomat Ruchira Kamboj was appointed as India’s Permanent Representative to the United
Nations (UN) in New York. She is a 1987-batch Indian Foreign Service (IFS) officer, presently serving as
India’s envoy to Bhutan.
✓ She is the 1st female Ambassador of India to the Kingdom of Bhutan and will succeed T S
Tirumurti as the Indian ambassador to the UN.
✓ She was posted as Counsellor at India’s Permanent Mission to UN in New York from 2002-2005,
where she dealt with issues related to UN Peacekeeping, UN Security Council reform, the Middle
East crisis.
UN: Secretary General – Antonio Guterres; Establishment – 1945; HQ – New york, United states (US);
Member States – 193

AWARDS
AWARDS IN THE FIELD OF ARTS & CULTURE FILMS
AWARD NAME AWARD FIELD KEY NOTES
WINNER
NEXA Film The 22nd Edition of the NEXA International Indian
International Film Academy Awards (IIFA Award) for 2022 was
Indian Film held on 3rd and 4th June 2022 at Etihad Arena in Yas
Academy Island, Abu Dhabi.
Awards (IIFA ✓ The event that recognizes the best technical
Award) for talent in the Hindi film industry was hosted by
2022 Salman Khan, Riteish Deshmukh and Maniesh
Paul.
- ✓ Shershaah the biopic of Kargil martyr Captain
Vikram Batra, won the Best Picture Award and
its director Vishnu Vardhan won the award for
best Directions. Shershaah dominated the
2022 Awards with 6 Awards.
Vicky Kaushal won the Best Actor award for his role in
Sardar Udham and Kriti Sanon won the Best Actress
Award for her performance in Mimi. Click here to
know more about 22nd NEXA IIFA Awards (2022)

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L’OEil D’Or Shaunak Sen Documentary On May 17-28, 2022, the 75th annual Cannes Film
Award 2022 Festival was held at Cannes, France. Its official poster
was designed as homage to American Film, The
Truman Show (1998).
India: Shaunak Sen’s Documentary All That
Breathes Wins L’OEil D’Or Award 2022
✓ An Indian Filmmaker from Delhi, Shaunak
Sen’s ‘All That Breathes’ won the prestigious
– 2022 L’Oeil d’Or (Golden Eye) for the best
documentary at the 75th Cannes Film Festival.
This film had earlier won the World Cinema
Grand Jury Prize at the 2022 Sundance Film
Festival.
✓ A Swedish comedy movie ‘Triangle of Sadness’
directed by Ruben Östlund won the Palme
d’Or award 2022, the highest prize awarded at
the Cannes Film Festival. The movie also
won Prix C.S.T. de l’Artiste-Technicien, 2022
award.
Click here to read more about the 75th annual Cannes
Film Festival

OTHER IMPORTANT AWARDS


AWARD NAME AWARD FIELD KEY NOTES
WINNER
UNESCO King Hamad Ministry of Information and The Central Institute of Education
Bin Isa Al-Khalifa Education (MoE) Communication Technology (CIET), a constituent unit of
Prize Technology (ICT) the National Council of Educational
in Education Research and Training (NCERT) under the
Department of School Education and
Literacy (DOSEL), Ministry of
Education (MoE) has been awarded
the UNESCO King Hamad Bin Isa Al-
Khalifa Prize for the use of Information
and Communication Technology (ICT) in
Education for the year 2021.
✓ It has been given recognition for its
use of ICT during the COVID-19
pandemic under PM eVIDYA.
It will be awarded to the “Initiatives for
Inclusive and Accessible Education
during COVID-19” implemented by the
CIET from India, and the “Digital
Educational Programme” implemented
by Ubongo from the United Republic of
Tanzania.
THE Awards Asia Shoolini Shoolini University of Biotechnology
2022 University of and Management Sciences in Solan,

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Biotechnology Himachal Pradesh has been highly


and Management commended under the “Outstanding
Sciences Support for Students” category of the
Times Higher Education (THE) Awards
Asia 2022. 3 Indian institutes were
recognised in THE Awards Asia 2022.
✓ Taylor’s University, Malaysia was
declared a winner under
the Outstanding Support for
Students category.
✓ Savitribai Phule Pune
- University, Pune, Maharashtra has
won the ‘THE Awards Asia 2022’
under the “THE Datapoints
Research Improvement Award”
category.
Amity University-Online, India’s first
university recognized by University Grants
Commission (UGC) to offer Online Degree,
Diploma & Certification programs has won
the award under the “Student Recruitment
Campaign of the Year” category.
2022 Scripps National Harini Logan Harini Logan(13-year-old) an Indian
Spelling Bee origin person from San Antonio, Texas,
United States of America (USA) won
the 2022 Scripps National Spelling
Bee competition held in Gaylord National
Hotel and Convention Center in National
Harbor, Maryland, USA. The 2022 Scripps
National Spelling Bee was hosted
by LeVar Burton.
- ✓ This marks the 94th edition of the
Scripps National Spelling Bee. The
first edition of the competition was
held in 1925. The event is
administered by the E.W. Scripps
Company (Cincinnati, Ohio).
Balu Natarajan was the first person of
Indian origin to win the spelling bee
competition in 1985.
Golden Conch award “Turn Your Body Best “Turn Your Body to the Sun”, a Dutch
to the Sun” a Documentary documentary film directed by Aliona Van
dutch Film der Horst, featuring the story of Soviet
documentary film Prisoner of War, has won the Golden Conch
directed by award for the Best Documentary Film with
Aliona Van der Cash prize of Rs 10 lakhs, Golden Conch
Horst and a certificate at the 17th Mumbai
International Film Festival (MIFF) 2022,
first edition post-pandemic. MIFF is a

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festival for Documentary, Short and


Animation Films.
✓ Malayalam film ‘Saakshatkaaram’
directed by Sudesh Balan and
‘Brother Troll’ directed by
Gudmund Helsmsal, a film from
Faroe Islands of Denmark, won the
Silver Conch Award in Short
Fiction category. The award
carries a cash prize of Rs 2.5 lakhs
each.
‘Prince in a Pastry Shop’ (Poland) directed
by Katarzyna Agopsowicz won the Silver
Conch for Best Animation Film in
International Competition category. The
award carries a cash prize of Rs 5 lakhs.
Click here to for the complete list of
MIFF 2022 awards
Women’s Prize for Ruth Ozeki The Book of Form Ruth Ozeki, American-Canadian author,
Fiction 2022 & Emptiness film-maker and Zen Buddhist priest, has
won the Women’s Prize for Fiction
2022 for her novel title “The Book of
Form & Emptiness”. 2022 marked
the 27th anniversary of the Women’s
Prize for Fiction.
✓ The award recognises any woman
writing in English irrespective of
her nationality, country of
residence, age or subject matter. It
recognises the novel published in
the UK between 1 April in the year
the Prize and 31 March the
following year.
The award with 30,000-pound (USD
36,000) prize was presented by Mary Ann
Sieghart, 2022 Chair of Judges at the
award ceremony was held in Bedford
Square Gardens, London, the United
Kingdom (UK) hosted by novelist and
Women’s Prize Founder Director, Kate
Mosse.
Miss India Worldwide Khushi Patel According to the New-York based India
2022 Festival Committee (IFC), Khushi Patel, a
biomedical student from the United
Kingdom (UK), has been declared the
winner of the Miss India Worldwide
2022, the longest-running Indian pageant
outside of India.
-

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✓ This is the 29th edition of the


pageant. The previous event (28th
edition) was held in 2019.
✓ Vaidehi Dongre from the United
States was declared the 1st runner
up while Shrutika Mane became
the 2nd runner up.
2022’s pageant was held after 3 years with
the last one being organised at the Leela
Hotel in Mumbai, Maharashtra
in September 2019.

RECOGNITIONS
NAME RECOGNITION
Ramkrishna Mukkavilli Ramkrishna Mukkavilli has become the first Indian to be recognised as
the Global Sustainable Development Goal (SDG) Pioneer for water
stewardship by the United Nations Global Compact (UNGC). It is for the
first time that an Indian has been recognised for the position.
✓ The UNGC has also named ten new SDG Pioneers, who are
corporate leaders who are excelling in advancing the SDGs by
implementing the UN Global Compact Ten Principles on human
rights, environment, labour, and anti-corruption.
Ramkrishna Mukkavilli, the Founder and Managing Director
of Maithri Aquatech, a Make-In-India company, was previously selected
as India’s SDG Pioneer by the UN Global Compact Network India (GCNI)
earlier in 2022.

AWARDS & RECOGNITIONS IN CONTENT FORMAT


National Highways Excellence Awards 2021: Highlights
The Ministry of Road Transport & Highways (MoRTH) announced the fourth cycle of National
Highways Excellence Awards (NHEA) 2021 at an event organised under the ‘Azadi Ka Amrit Mahotsav’
to recognize India’s best-performing road assets and toll plazas at Vigyan Bhavan in New Delhi.
Theme of the 2021 awards – Innovation and Excellence in Road Construction.
Winners of NHEA 2021:
Category Company Name Project Name & state Award
Excellence in Delhi- Meerut Expressway (Package-I) , Delhi
Project Welspun Enterprises Ltd & Uttar Pradesh (UP) Gold
Management- KrishnagiriWalajahpet Krishnagiri-Walajahpet section
PPP Tollway Pvt Ltd Length, Tamil Nadu Silver
Excellence in
Project
Management- Bordumsa- Namchik road of NH-215
EPC BIPL – BVEPL JV Arunachal Pradesh Gold
Excellence in
Operation WalayarVadakkancherry
and Expressways Pvt Ltd Walayar-Vadakkancherry section, Kerala Silver

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Maintenance
– Flexible
Excellence in
Operation
and
Maintenance Godhra Expressways Pvt Godhra to Gujarat, Madhya Pradesh border
– Rigid Ltd section of NH- 59, Gujarat Silver
FarakkaRaiganj Highway Lakshmipur Toll Plaza & Bagasarai Toll Plaza Combined
Excellence in Ltd West Bengal Gold
Toll Hirebagewadi Toll Plaza
Management Ashoka Buildcon Ltd Karnataka Silver
Excellence in
Highway Chilakaluripet- Nellore section of NH-5,
Safety- Plain Simhapuri Expressway Ltd Andhra Pradesh (AP) Silver
Four Laning of NH-56 bypass connecting NH-2
Green with NH-56 as part of Varanasi Ring Road, Special
Highway GR Infra projects Ltd Phase-2, PKG-1, UP Award
Rehabilitation and up-gradation of
Dineshchandra R Agrawal Beodnabad-Ferragunj section of NH-223,
Infracon Pvt Ltd Andaman & Nicobar
Dibang river system and connecting road
between Bomjur-Meka (NH-52) and construct
bridge across river Lohit at AlubariGhat and
connecting road between Chowkham- Digaru,
Dibang Infra Projects Ltd Arunachal Pradesh Gold
Bridge between Dhola and Sadia ghatsalong
with 2 lane connecting roads from near about
Outstanding Dhola Infra Projects Ltd Dhola to IslampurTinali, Arunachal Pradesh Silver
Work in Rehabilitation of Ramdas to Gurdaspur (PKG-
Challenging V) Project and Construction of Kartarpur Special
Condition M/S Ceigall India Ltd Corridor (Indian Territory), Punjab award

Queen’s Birthday Honours list 2022: Author Sir Ahmed Salman Rushdie received Companion of
Honour (CH)
Sir Ahmed Salman Rushdie (74 years old), an Indian-born British novelist and the author of the 1981
Booker Prize-winning novel “Midnight’s Children”, leads the list Queen’s Birthday Honours list
2022, featuring more than 40 professionals and community champions of Indian origin.
✓ In the list released on 1st June 2022, Sir Ahmed Salman Rushdie is named the Companion
of Honour(CH) for services to literature.
✓ CH is a special award granted to people who make a major contribution to the arts, science,
medicine, or government lasting over a long period of time. CH is an exclusive club with a
membership limited to just 65 people at any given time.
He has authored around 14 novels which include, The Satanic Verses; Midnight’s Children; Two Years
Eight Months and Twenty-Eight Nights; The Golden House; and Quichotte.

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2nd Edition of Awards for Excellence in DSDP Organised in New Delhi: 30 Districts Awarded for
Exemplary Planning
The award ceremony of the “2nd edition of Awards for Excellence in District Skill Development
Planning’ (DSDP)” was organised at the Dr Ambedkar International Centre in New Delhi, Delhi.
✓ During the event, 30 districts were felicitated for their innovative best practices in skill
development in the region. Among the participated districts, Rajkot in Gujarat has topped the
ranking (rank 1) followed by Cachar in Assam (Rank 2) and Satara in Maharashtra (Rank 3).
✓ The awards for Excellence in District Skill Development Planning’ (DSDP) were instituted under
the Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Scheme by
the Ministry of Skill Development and Entrepreneurship (MSDE) in June 2018.
SANKALP is an initiative under the MSDE with loan assistance from the World Bank. Click here to read
more.

Forbes: LeBron James became the 1st Active NBA Player to Become Billionaire
According to the Forbes estimation, LeBron Raymone James Sr., an American professional basketball
player representing the Los Angeles Lakers of the National Basketball Association (NBA), has officially
become a billionaire with a net worth of USD 1 billion.
✓ LeBron James nicknamed as “King James” has become the 1st ever active NBA player to become
a billionaire.
✓ LeBron James has won 4 NBA championships and has been named NBA Most Valuable Player
(MVP) Award 4 times. He was selected to play in the NBA All-Star Game a record 18 consecutive
times.
✓ Michael Jordan became the first NBA player to become a billionaire in 2014, almost 11 years after
he retired as a player.

Music Academy Announced the Winners of Sangita Kalanidhi Awards for 2020, 2021 & 2022
The Music Academy, Chennai, Tamil Nadu, announced the winners of
the Sangita Kalanidhi Awards for 2020, 2021 and 2022.
✓ Neyveli R. Santhanagopalan, noted vocalist was selected for the Sangita Kalanidhi Awards 2020,
Mridhangam Maestro Tiruvarur Bhaktavatsalam for 2021, and violinists Lalgudi GJR Krishnan and
GJR Vijayalakshmi has been named the winners of 2022.
✓ Sangita Kalanidhi, established in 1942, is considered the highest accolade in the field of Carnatic
music.
The award comprises a gold medal and a birudu patra (citation). Since 2005 the winner of this award
also received the MS Subbulakshmi Award instituted by The Hindu.

WHO awards PGI Chandigarh resource centre for tobacco Control


The World Health Organization (WHO) has awarded the Resource Centre for Tobacco Control (e-
RCTC) of the Department of Community Medicine and School of Public Health, with the Regional
Director Special Recognition Award, recognising its efforts in advancing tobacco control.
✓ It was awarded at the Postgraduate Institute of Medical Education and Research (PGIMER) in
Chandigarh.
✓ The Resource Centre for Tobacco Control provides information related to tobacco control in India,
including circulars and orders, policies and legislations, multidisciplinary publications.
✓ The e-RCTC, a joint initiative of the PGIMER and the UNION-SEA, was set up in 2018 by 25
organisations working over tobacco control in India with an aim to showcase tobacco control
initiatives.

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Shreyas G. Hosur becomes the first Indian Railways officer to complete the gruelling ‘Ironman’
Triathlon
Shreyas G. Hosur became the first officer from the Indian Railways to complete the gruelling ‘Ironman’
Triathlon, considered to be the toughest single-day sports event in the world. This event includes 3.8
km of swimming, 180 km of cycling and 42.2 km of running.
✓ He completed the event in 13 hours and 26 minutes in Hamburg, Germany. He is also the first
officer from the non-uniformed Civil Services to complete the event.

Odisha’s Shreya Lenka becomes 1st Indian K-pop artiste


Shreya Lenka (Stage-name Sriya), 18 years old from Odisha, India has become the first-ever k-pop
artiste from India. She is one of the 2 new members to join the South Korean girl group called “Black
Swan” formed by DR Music.
• Gabriela Dalcin (Gabi) from Brazil will be the 6th member of the group.
Sriya and Gabi are the 1st generations of the Cygnus, a programme organised by DR Music to discover
and train new singers from around the world.

SUMMITS, EVENTS & CONFERENCE


EVENTS
EVENTS VENUE KEY POINTS
Industry Transition Dialogue Stockholm, On 1st June 2022, India and Sweden hosted
Sweden the Industry Transition Dialogue in Stockholm,
Sweden, as a part of the India-Sweden joint initiative
“Leadership for Industry Transition (LeadIT)”.
✓ The high level of dialogue contributed to the
United Nations (UN) Conference –
“Stockholm+50: a healthy planet for the
prosperity of all – our responsibility, our
opportunity”, which is being held on 2nd &
3rd June 2022 and set the agenda for
Conference of Parties 27 (COP27).
✓ Industry Transition Dialogue is an initiative
to follow up on commitments from COP26
(Held in 2021 in Glasgow, Scotland, United
Kingdom) and discuss the scale of action
required for heavy industry sectors to meet
the 1.5°C targets.
Recently, Japan and South Africa officially joined the
LeadIT. This extends the total membership of
LeadIT to 37, which includes countries and
companies.
2022 Rotary International United States of On 5th June 2022, Prime Minister (PM) Narendra
Convention America Modi, virtually addressed the 2022 Rotary
International Convention, being held in George R.
Brown Convention Center (GRB), Houston, Texas,
the United States of America (USA) from 4th June to
8th June 2022.

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✓ The 113th annual Rotary International


Convention is organised by Rotary
International.
Houston is hosting the Rotary convention for
the 3rd time, marking the 50th anniversary of the
1972 Rotary International convention (Houston).
Direct to Mobile and 5G Akashvani Rang Indian Institute of Technology (IIT) Kanpur, Uttar
Broadband – Convergence Bhawan Pradesh (UP) in collaboration with
Roadmap for India auditorium of Telecommunications Standards Development
Prasar Bharati in Society, India (TSDSI) organised a conclave on
New Delhi, Delhi ‘Direct to Mobile and 5G Broadband –
Convergence Roadmap for India’ at Akashvani
Rang Bhawan auditorium of Prasar Bharati in New
Delhi, Delhi.
✓ The 1st time NextGen Broadcast technology
on smart phones and other smart devices
were demonstrated and joint white paper on
Direct-to-Mobile (D2M) broadcasting by IIT
Kanpur, TSDSI and Prasar Bharat, India’s
public broadcaster, was released.
D2M technology is based on the convergence of
broadband and broadcast, using which mobile
phones can receive terrestrial digital TV.

CONFERENCE
CONFERENCE VENUE KEY POINTS
World Trade Organization’s (WTO) Geneva The World Trade Organization’s (WTO) 12th
12th Ministerial Conference (MC12) Ministerial Conference (MC12) was co-hosted by
Switzerland, and Kazakhstan at WTO headquarters
in Geneva, Switzerland after a gap of almost five
years from June 12-June 17, 2022.
✓ It was chaired by Timur Suleimenov, First
Deputy Chief of Staff of Kazakhstan’s
President. It was attended by the Trade
ministers of 164 nations.
The WTO members agreed on tackling the following
food insecurity concerns, curbing harmful fishing
subsidies, temporarily waiving intellectual property
(IP) obligations concerning COVID-19 vaccines,
deals on e-commerce, responding to pandemics and
reforming the organization itself…Click here to read
more.
Lifestyle for the Environment (LiFE) Video On June 5, 2022, the Prime Minister of India
Movement Conference Narendra Modi launched ‘Lifestyle for the
Environment (LiFE) Movement’ via video
conferencing, the idea of which introduced by him
during the 26th United Nations Climate Change

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(UNCC) Conference of the Parties (COP26) in


Glasgow, Scotland in 2021.
✓ The LiFE envisages the replacement of the
prevalent economy of ‘use-and-dispose’ with
a circular economy of ‘Reduce, Reuse and
Recycle’. There is a need to live a lifestyle in
tune with our planet in order to make the
environment sustainable. The people opting
this lifestyle are regarded as ‘Pro-Planet
People (P3)’.
✓ The framework ‘EAST’ that India, and other
nations are using for behaviour change in
connection with the environment and
climate stands
for Easy (E), Attractive (A), Social (S),
and Timely (T).
A new acronym added to it i.e., FEAST where F
stands for Fun. It was coined by Cass Sunstein,
Author of Nudge Theory and Behavioural Scientist at
Harvard University, United States (US).

COMMITTEES & MEETINGS


MEETINGS
MEETING NAME VENUE KEY POINTS
Special ASEAN-India Foreign New Delhi On June 16-17, 2022, India hosted the Association of
Ministers’ Meeting Southeast Asian Nations (ASEAN) Foreign Ministers
(SAIFMM) 2022 and Secretary General for a 2-day Special ASEAN-
India Foreign Ministers’ Meeting
(SAIFMM) 2022 for the first time in New Delhi,
Delhi, to commemorate 30 years of ASEAN-India
Dialogue Relations and the 10th anniversary of India-
ASEAN Strategic Partnership.
✓ ASEAN comprises 10 nations: Indonesia,
Thailand, Vietnam, Laos, Brunei, the
Philippines, Singapore, Cambodia, Malaysia
and Myanmar.
✓ The year 2022 has been declared as the
ASEAN-India Friendship Year in honour of
this milestone, as stated by ASEAN and
Indian leaders at the 18th ASEAN-India
Summit on October 28, 2021.
✓ S. Jaishankar, India’s External Affairs Minister
(EAM), and Dr. Vivian Balakrishnan,
Singapore’s Minister of Foreign Affairs, co-
chaired the SAIFMM.

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The 12th edition of the Delhi Dialogue


(DDXII) 2022, a premium Track 1.5 Dialogue in the
ASEAN-India calendar, was hosted by India on June
16-17, 2022, and was accompanied by the SAIFMM. It
was held under the theme ‘Building Bridges in the
Indo-Pacific’. Click here to read more.
Meeting of the Heads of Border New Delhi India hosted the 8th meeting of the Heads of Border
Services of the competent Services of the competent authorities of member
authorities of member states of states of the Shanghai Cooperation Organization
the Shanghai Cooperation (SCO) in New Delhi, Delhi. India is represented by
Organization (SCO) Border Security Force (BSF) Director General
(DG) Pankaj Kumar Singh.
✓ This was one of several events being
organised in 2022 by India as Chair of SCO’s
Regional Anti-Terrorist Structure (SCO-
RATS) mechanism. India became the chair of
SCO-RATS on October 28, 2021 for a one-year
period.
On June 15, 2022, the 12th meeting of BRICS National
Security Advisors (NSA) was held virtually which
was chaired by Yang Jiechi, a member of the political
bureau of the CPC (Chinese Communist Party)
Central Committee in Beijing, China.
It was attended by NSAs of BRICS Nations viz. Brazil,
Russia, India, China and South Africa, where India
was represented by NSA Ajit Doval.
Commonwealth Heads of Kigali, Rwanda The 26th Commonwealth Heads of Government
Government Meeting (CHOGM) Meeting (CHOGM) took place from 20th June 2022 to
25th June, 2022 in Kigali, Rwanda. Leaders of the
Commonwealth countries will conduct
the CHOGM every two years.
✓ Theme of 26th CHOGM Summit – “Delivering
a Common Future: Connecting, Innovating,
Transforming.”
✓ External Affairs Minister (EAM), S. Jaishankar
took part in 26th CHOGM representing PM of
India and led the Indian delegation to the
CHOGM.
EAM S Jaishankar and United Kingdom’s (UK’s),
Foreign Secretary Liz Truss has announced the
establishment of a joint India-UK
Commonwealth ‘Diplomatic
Academy programme’ which aims to train young
and aspiring diplomats from both nations. The
academy programme will be hosted in New Delhi,
Delhi. Click here to read more.

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COMMITTEES & MEETINGS IN CONTENT FORMAT


SEBI Restructured its Advisory Committee on Mutual Funds;Headed By Former RBI Deputy
Governor Usha Thorat
The Securities and Exchange Board of India (SEBI) has restructured its Advisory Committee on Mutual
Funds which advises the SEBI on issues related to the regulation of mutual funds for ensuring investor
Protection.
✓ The 25-member advisory committee will be chaired by Usha Thorat, former Deputy Governor
of the Reserve Bank of India (RBI).
SEBI: Chairperson– Madhabi Puri Buch; Establishment- 1992; HQ– Mumbai, Maharashtra

GoI Reconstitutes Committee to Examine the Representation of Officials Sacked for Alleged
Corruption
The three-member panel of the committee to examine the representation of officials sacked for
alleged inefficiency or corruption in the government service has been reconstituted by the Ministry of
Personnel, Public Grievances and Pensions of the Government of India (GoI).
✓ Members: Arti Ahuja, Secretary, Department of Chemicals and Petrochemicals, Ministry of
Chemicals and Fertilizers; Puneet Kansal, Joint Secretary in the Cabinet Secretariat; One member
of the panel will be nominated by the cadre controlling authority (under whose administrative
control the alleged corrupt officials come).
The committee examines the representation of employees sacked in accordance with Fundamental Rule
(FR) 56 (J), (I), and Rule 48 of the Central Civil Services (CCS) Pension Rules, 1972.

INDEX
RANKING
INDEX / SURVEY NAME RELEASED BY / KEY NOTES
CONDUCTED BY
Global Air Powers Ranking World Directory of According to the Global Air Powers Ranking
(2022) Modern Military Aircraft (2022), the current ranking of various armed air
(WDMMA) services across the globe, released by the World
Directory of Modern Military Aircraft (WDMMA),
the Indian Air Force (IAF) has secured the 6th
Global Rank.
✓ IAF has emerged as the 3rd strongest Air
Force, only after the United States Air
Force (USAF) and Russian Air Force.
✓ The 2022 ranking has tracked 124 air
services, which includes Army, Navy, and
Marine branches of service where
applicable, of 98 countries and following a
total of 47,840 aircraft.
✓ According to the report IAF has overtaken
the Chinese Air Force; Japan Air Self-
Defense Force; the Israeli Air Force; and
the French Air and Space Force in terms of
strength. Click here to read more

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World Competitiveness International Institute India => 6th Rank


Index – 2022 for Management According to the International Institute for
Development (IMD) Management Development (IMD)’s annual World
Competitiveness Index – 2022 (34th edition),
India has jumped 6 positions from 43rd in 2021
to 37th in the 2022 ranking. India has recorded
the sharpest rise among the Asian economies.
✓ Denmark has topped the 2022 ranking
featuring 63 economies, followed by
Switzerland(2nd) and Singapore(3rd).
✓ The major 4 factors in the ranking are
Economic Performance, Government
Efficiency, Business Efficiency, and
Infrastructure.
The 2022 World Competitiveness Ranking
(WCR) was released by the IMD Business school
in Switzerland and Singapore.
Top 3 Country:
1. Denmark
2. Switzerland
3. Singapore Click here
Fortune 500’s list of the Fortune Elon Musk, Chief Executive Officer (CEO) of Tesla
World’s top 10 highest paid and SpaceX has topped the Fortune 500’s list of
CEO the World’s top 10 highest paid CEO in 2021.
According to the Fortune 500 list, he has also
topped the list of the world’s most highly
compensated CEOs in 2021 with compensation
worth around USD 23.5 billion.
✓ Elon Musk is followed by Tim Cook, CEO
of Apple (USD 770.5 million) ranked 2nd
and Jensen Huang, co-founder of NVIDIA
(USD 561 million) ranked 3rd.
Satya Nadella, CEO of Microsoft, who received a
salary of USD 309.4 million in 2021, has secured
the 7th rank on the list. He is the only Indian
origin person to feature on the list.
Bloomberg Billionaire Index Bloomberg News According to the Bloomberg Billionaire Index
(as of 3rd June 2022), a daily ranking of the
world’s richest
people, Mukesh Ambani, Chairman and
Managing Director (CMD) of Reliance Industries
Limited (RIL) became the richest man in India as
well as in Asia with a net worth of USD 99.7
billion, surpassing Gautam Adani, chairman and
founder of the Adani Group whose net worth was
at USD 98.7 billion.
✓ Mukesh Ambani was ranked as the 8th
richest man in the world whereas Gautam
Adani was ranked 9th on the list.

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✓ Elon Musk, Chief Executive Officer (CEO)


of Tesla and SpaceX, remained
the World’s richest man with a net worth
of USD 227 Billion.
According to Forbes’ “The Real-Time
Billionaires List” (as of 3rd June 2022), Elon
Musk retains his position as the World’s Richest
Person with a net worth of USD 233.7 billion.
✓ Bernard Arnault and the family of LVMH
(Moët Hennessy Louis Vuitton) is ranked
2nd with a net worth of USD 157 billion
followed by Amazon’s founder Jeff
Bezos with a net worth of USD 151.2
billion.
Indians Mukesh Ambani has ranked 6th on the
list with a total net worth of USD 104.7 Billion
while Gautam Adani has ranked 9th with a total
net worth of USD 99.9 billion.
World University Rankings Quacquarelli Symonds According to the Quacquarelli Symonds (QS)
2023 (QS) World University Rankings 2023, Indian Institute
of Science (IISc), Bengaluru, Karnataka, ranked
155 gaining 31 places since 2022 ranking and
emerged as the fastest rising South Asian
university among the top 200 universities.
✓ The ranking was topped by the United
States (US)’s Massachusetts Institute of
Technology (MIT) followed by the
University of Cambridge in the United
Kingdom (UK) and Stanford University
(US).
✓ IISc has emerged as number one (globally)
in the “Citations per Faculty (CpF)”
indicator which is used by QS to evaluate
the impact of research produced by
universities.
According to the ranking, 13 Indian universities
have improved their research impact relative to
global competitors. Click here to read more
State Food Safety Index Food Safety and On June 7, 2022 i.e., on the occasion of World
(SFSI) for 2021-2022 Standards Authority of Food Safety Day which was held on the theme
India (FSSAI) ‘Safer food, better health’, the Union Minister Dr
Mansukh Mandaviya, Ministry of Health and
Family Welfare (MoH&FW) released 4th State
Food Safety Index (SFSI) for 2021-2022 by the
Food Safety and Standards Authority of India
(FSSAI).
✓ Among larger states, Tamil Nadu (TN) was
the top-ranking state, followed by Gujarat
and Maharashtra.

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✓ Among the smaller states, Goa stood first


followed by Manipur and Sikkim.
Among UTs, Jammu & Kashmir (J&K), Delhi and
Chandigarh secured first, second and third ranks.
Click here to read more
Environmental Performance Earth Institute of According to the biennial Environmental
Index (EPI) 2022 Yale and Columbia Performance Index (EPI) 2022 released which
University was analysed by the researchers at the Earth
Institute of Yale and Columbia University, India
has been ranked 180 which is at the bottom
amongst other countries with a total score
of 18.9. India had ranked 168 in the EPI 2020 and
177 in EPI 2018.
✓ Denmark tops the index of emerging as
the most sustainable country in the 2022
rankings.
✓ India’s neighbouring countries Pakistan
ranked 176 and Bangladesh ranked 177.
Funding from the McCall MacBain Foundation of
Canada supports the EPI work at both Yale and
Columbia. Click here to read more about EPI 2022
International tax reforms United Nations According to the United Nations Conference on
and sustainable investment Conference on Trade and Trade and Development (UNCTAD) World
Development (UNCTAD) Investment Report 2022 entitled “International
tax reforms and sustainable investment“, India
ranked 7th and placed among the top 10 global
economies for Foreign Direct Investment (FDI) in
2021 despite a decline in FDI investment.
✓ India had USD 64 billion in FDI in
2020.FDI inflows have declined by USD 19
billion to USD 45 billion in 2021.
✓ However, India managed to reach the top
10 economies for FDI inflows in 2021.The
list was topped by the United States and
followed by China, Hong Kong, Singapore,
Canada and Brazil.
Adding South Africa, Russia and Mexico to the list
to round up the top 10 economies for FDI inflows
in 2021. Click here to read more.
Global Skills Report (GSR) Coursera India => 68th Rank
2022 United States based Coursera’s latest annual
Global Skills Report (GSR) 2022 reveals that
India ranked at
the 68th position globally and Asia’s
19th position in overall skills proficiency. The
report benchmarks three most in-demand skill
areas including business, technology, and data
science

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✓ The report named Switzerland in the


number one spot in the second
consecutive year in overall skills followed
by Denmark, Indonesia, Belgium, and
Singapore.
✓ The report ranks the United States 29th in
overall skills proficiency, lagging behind
countries in Asia and Europe.
The report shows an increase in
India’s technology proficiency levels from 38%
to 46% and proficiency in data science has
dipped from 38% in 2021 to 26% in 2022, leading
to a drop in 12-rank. India ranked 67th in Global
Skills Report (GSR) 2021.
Gold refining and recycling World Gold Council India => 4th Rank
(WGC) According to the World Gold Council (WGC)
report titled ‘Gold refining and recycling,’
India has ranked 4th in global gold recycling in
2021 recycling 75 tonnes, or 6.5 per cent of the
total gold recycled across the globe.
✓ The report estimates that between 2013
and 2021, India’s gold refining capacity
has increased by 1500 tonnes (500%) to
1800 tonnes.
✓ According to the WGC report, China tops
the global gold recycling in 2021 as it
recycled 168 tonnes of gold, followed
by Italy with 80 tonnes and the United
States of America(USA) at 3rd with 78
tonnes.
WGC: Chair– Randy Smallwood; CEO– David Tait;
HQ– London, United Kingdom (UK). Click here to
read more.
Burgundy Private Hurun Burgundy Private, a According to the Burgundy Private Hurun India
India 500 Special Report private banking platform 500 Special Report(SR), Reliance Industries
(SR) of Axis Bank, and Hurun Limited(RIL) has become India’s most valuable
India company with a value of Rs 18.9 lakh crore
followed by Tata Consultancy Services (TCS) with
Rs 12.9 lakh crore and HDFC Bank with Rs 7.7
lakh crore.
Burgundy Private, a private banking platform of
Axis Bank, and Hurun India launched “Burgundy
Private Hurun India 500 Special Report (SR)” a 6-
month update (from 30th October 2021-30th
April 2022) of the 2021 Burgundy Private Hurun
India 500, a list of 500 most valuable non-state-
owned companies in India, released in December
2021.
Top 3 Company:

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1. RIL
2. TCS
3. HDFC Bank
2022 Most Valuable Global Kantar Brandz As per Kantar Brandz, 2022 ‘Most Valuable
Brands report Global Brands report’, 4 Indian companies
namely, Tata Consultancy Service (TCS), HDFC
Bank, Infosys and Life Insurance Corporation
(LIC) were featured among the top 100 global
biggest brands.
✓ Apple retains its 1st position to become
the first trillion-dollar brand with a brand
value of USD 947.1 billion followed by
Google, Amazon and Microsoft.
✓ French luxury brand, Cartier became the
fastest-rising brand across all categories,
growing its value by 88% to USD 10bn.
The brands which doubling their brand value over
the past year include: YouTube (No.24), Google
(No.2), Tesla (No.29) and Hermès (No.27).
Top 3 Brand:
1. Apple
2. Google
3. Amazon Click here
The Global Liveability Index Economist Intelligence According to the Economist Intelligence Unit’s
2022 Unit’s (EIU) (EIU) ‘The Global Liveability Index 2022’, which
examined 173 cities worldwide, New Delhi, the
capital of India, is ranked 112th on the list of the
most liveable cities, whereas India’s financial
capital, Mumbai, (Maharashtra) is ranked 117th.
The list is topped by Vienna, Austria’s capital,
which made a successful comeback, being
crowned the “most liveable city” in the world
once again.
Top 3 City:
1. Vienna (99.1 points)
2. Copenhagen (98 points)
3. Zurich (96.3 points).

REPORTS
REPORT NAME SUBMITTED BY KEY NOTES
Global Plastics Outlook Policy Organisation for Which states that the Global plastic waste set to
Scenarios to 2060 Economic Co- almost triple by 2060 due to economic and
operation and population growth. The full report will be
Development (OECD) launched on 21st June 2022 at the OECD Green
Talks Live webinar series.
✓ The report estimates that the OECD
countries will double their plastic use

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while Sub-Saharan Africa and Asia are


expected to have the largest increase.
✓ According to the report the annual
production of fossil fuel-based plastics is
set to top 1.2 billion tonnes by 2060 and
waste to exceed 1 billion tonnes.
This new report builds on the OECD’s 1st Global
Plastics Outlook: Economic Drivers,
Environmental Impacts and Policy Options
released in February 2022.
Road accidents in India — 2020 Transport Research As per report ‘Road accidents in India —
Wing (TRW) 2020’, prepared by Transport Research Wing
(TRW) of the Ministry of Road Transport and
Highways (MoRTH), the number of road
accidents has been on decline since 2016 except
for a marginal increase of 0.46 per cent in 2018.
✓ In India, road accident parameters
decreased in 2020 compared to 2019.
According to government data released
recently, traffic accidents declined by
18.46% on average, deaths decreased
by 12.84%, and injuries decreased by
22.84% in 2020.
✓ Major States that achieved significant
reduction in road accidents in 2020
are Kerala, Tamil Nadu, Uttar Pradesh,
Maharashtra and Karnataka.
Major States that achieved significant
reduction in road accident fatalities in 2020
are Tamil Nadu, Gujarat, Uttar Pradesh,
Rajasthan and Andhra Pradesh.
Annual report for 2021-2022 Reserve Bank of The Reserve Bank of India (RBI) in its ‘Annual
India (RBI) report for 2021-2022’ has cautioned
commercial banks of the risk of increased
slippages on advances that were restructured
during the Covid-19 pandemic.
✓ Slippages are when a bank’s assets
become a non-performing asset (NPA)
owing to the borrower not paying
interest for over 90 days. While,
advances are funds provided by the bank
to an entity for a specific purpose, to be
repayable after a short duration.
✓ The setting up of the National Asset
Reconstruction Company Ltd. (NARCL)
will help in the resolution of large value,
legacy stressed assets, and will serve as a
time-efficient mechanism for reviving

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investor interest in primary and


secondary markets for stressed assets.
✓ Also, the setting up of the National Bank
for Financing Infrastructure and
Development (NABFID) will shift the
burden of long-term financing away from
banks. Click here to read more
Digital payments in India: A PhonePe in According to the report titled ‘Digital payments
US$10 trillion opportunity collaboration with in India: A US$10 trillion opportunity‘ by
Boston Consulting PhonePe in collaboration with Boston Consulting
Group (BCG) Group (BCG), value of digital payments (non-
cash) in India is expected to increase three-fold
from current US$3 trillion to US$10 trillion by
2026. Therefore, by 2026, Indian digital
payments will constitute 2 out of 3 payment
transactions.
✓ Digital payments will constitute nearly
65% of all payments by 2026, up from
the current 40%. UPI (Unified Payments
Interface) adoption will surge from 35%
in FY21 to 75% in the next five years.
✓ There will be 7x growth in digital
merchant payments from current US$
0.3-0.4 trillion to US$2.5-2.7 trillion by
2026.
UPI (Unified Payments Interface) saw
about nine times transaction volume
increase in the past three years, increasing from
5 billion transactions in FY19 to about 46
billion transactions in FY22.
Mercom India Solar Open Access Mercom India The Ministry of Power has notified the Green
Market Report Q1 2022 Research Open Access Rules, 2022, in order to further
expedite ambitious renewable energy
programmes with the ultimate objective of
ensuring access to affordable, reliable,
sustainable, and green energy for all.
✓ The purpose of these guidelines is to
encourage the generation, purchase, and
consumption of green energy, including
waste-to-energy energy plants.
According to Mercom India Research’s newly
released report “Mercom India Solar Open
Access Market Report Q1 2022”, India added
513 MW (megawatt) of new open access solar
capacity in the first quarter (Q1) (January –
March) of the calendar year (CY) 2022. Click
here to read more
Macroeconomic and Foreign US Treasury According to the semiannual Report of the
Exchange Policies of Major United States(US) Department of the Treasury

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Trading Partners of the United – “Macroeconomic and Foreign Exchange


States Policies of Major Trading Partners of the United
States”, India is one of the 12 major economies
that merit close attention to their currency
practices and macroeconomic policies.
✓ The Monitoring list comprises China,
Japan, South Korea, Germany, Italy, India,
Malaysia, Singapore, Thailand, Taiwan,
Vietnam and Mexico.
With USD 569.9 billion in Foreign Exchange (FX)
Reserves, India has the 4th largest foreign
exchange after China (USD 3.2 trillion), Japan
(USD 1.2 trillion) and Switzerland (USD 1
trillion).
Periodic Labour Force Survey National Statistical In accordance with the Periodic Labour Force
(PLFS) 4th Annual Report (July, Office (NSO) Survey (PLFS) – 4th Annual Report (July, 2020 –
2020 – June, 2021) June, 2021), the Unemployment Rate (UR) saw a
decrease of 0.6% and fell to 4.2% in 2020-21,
compared with 4.8% in 2019-20. UR is defined
as the percentage of persons unemployed among
the persons in the labour force.
✓ The survey was released by the National
Statistical Office (NSO), Ministry of
Statistics and Programme
Implementation (MoSPI) on June 14,
2022, covering both rural and urban
areas.
✓ The UR in rural areas was 3.3% in 2021-
21, a reduction from 4% in 2019-20; and
in urban areas it was 6.7%, a reduction
from 7% in 2019-20.
✓ The Labour Force Participation Rate
(LFPR) in the population
was 41.6% during 2020-21 as compared
to 40.1% in 2019-20.
The Worker Population Ratio (WPR) was 39.8%,
an increase from 38.2% of 2019-20. Click here to
read more.
Micrometer Report for Q4 Microfinance Microfinance Institutions Network (MFIN), an
Financial Year 2021-22 Institutions Network industry association, has released the 41st
(MFIN) issue of its Micrometer Report for Q4
Financial Year 2021-22 (FY22), a quarterly
report that gives an overview of the
microfinance (micro-credit) industry as of March
31, 2022 (Q4 FY22).According to Micrometer Q4
FY22 data, Tamil Nadu(Rs 36,806 crore) has
overtaken West Bengal as the state with the
largest outstanding portfolio of microfinance
loans.

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✓ Bihar (Rs. 35,941 crore) and West Bengal


(Rs. 34,016 crore) came in second and
third, respectively. West Bengal was
followed by Karnataka, Uttar Pradesh,
and Maharashtra.
At the end of Q3FY22, West Bengal topped
the chart with the highest outstanding loan
portfolio of Rs. 32,880 crores, followed by
Tamil Nadu (Rs. 32,359 crore).
Periodic Labour Force Survey National Statistical According to the 14th Periodic Labour Force
(PLFS) – Quarterly Bulletin Office (NSO) Survey (PLFS) – Quarterly Bulletin [January-
[January-March 2022] March 2022] by the National Statistical Office
(NSO), the Unemployment Rate (UR) for persons
of 15 years and above in urban areas dipped to
8.2% in January-March 2022 from 9.3% in
January-March 2021. It was 8.7% in October-
December 2021.
✓ UR among females also declined to
10.1% in January-March 2022 from
11.8% in January-March 2021.Among
males, the UR also declined to 7.7% in
January-March 2022 compared to 8.6%
in January-March 2021.
✓ Labour Force Participation
Rate (LFPR) in CWS (Current Weekly
Status) remained declined to 47.3% in
January-March 2022 from 47.5% in the
January-March 2021.
Worker Population Ratio (WPR) in CWS
was 43.4% in January-March 2022,
compared to 43.1% in the same period
January-March 2021. It was 43.2% in
October-December 2021.
Renewables 2022 Global Status Global renewable According to the Renewables 2022 Global
Report (GSR 2022) energy Status Report (GSR 2022) published by the
community REN21 global renewable energy community REN21,
India placed third in the world for total
renewable power capacity additions in 2021,
with 15.4 GW (giga watts), following only China
(136 GW) and the United States (US) (43
GW).The GSR 2022 report is the 17th in a series
of annual reports that tracks global renewable
energy deployment.
✓ According to the report, India installed
843 MW (megawatts) of hydropower
capacity in 2021, bringing the overall
capacity to 45.3 GW.

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India was the second-largest market for new


solar PV (Photovoltaic) capacity in Asia and the
third-largest globally (13 GW of additions in
2021). Click here to read more
Sample Registration System Registrar General & According to the data from Sample Registration
(SRS)-Abridged Life Tables 2015- Census System (SRS)-Abridged Life Tables 2015-
2019 Commissioner of 2019, released by the Registrar General &
India Census Commissioner of India, India’s life
expectancy at birth has increased up
to 69.7 from 2015-2019 period and is still lower
than the global average of 72.6.
✓ In 2015-19, the highest life expectancy
at birth has been estimated for NCT of
Delhi with 75.9 years followed by,
while Chhattisgarh with 65.3 years, has
the lowest life expectancy at birth.
✓ India has increased its life expectancy at
birth by 20 years, from 49.7 in 1970-75
to 69.7 in 2015-2019.
The top 5 performer in state wise for the
period 2015-19 are: Delhi; Kerala; Jammu &
Kashmir; Himachal Pradesh & Punjab. Click
here to read more.
Global Start-up Ecosystem Report Start-up Genome Start-up Genome, a world-leading innovation
2022 (GSER 2022) policy advisory and research firm, released the
Global Start-up Ecosystem Report 2022 (GSER
2022), the 10th-anniversary edition of GSER, at
the Elevating Founders event of London Tech
Week 2022 (13th to 17th June 2022).
✓ Bengaluru, Karnataka has ranked 22nd
on the global ranking, up one place from
the 2021 ranking, while Delhi has moved
up 11 places and ranked 26th and
Mumbai is ranked at 36.
✓ The report was created by Startup
Genome in partnership with the Global
Entrepreneurship Network (GEN) and
Crunchbase. It was introduced by JF
Gauthier, Founder and CEO of Startup
Genome.
According to the report, Bengaluru has ranked
number 1 in Asia and 5th on the global stage for
tech venture capital (VC) investment in 2022.
Kerala and Telangana are among the top 10 in
the Global Ecosystem in Affordable talents. Click
here to read more.
Global Trends Report United Nations According to the annual Global Trends Report by
Refugee Agency the United Nations Refugee Agency, United

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Nations High Commissioner for Refugees


(UNHCR) published in June 2022, nearly 5
million people in India were internally displaced
due to climate change and disasters in 2021. The
report reflects the period of Jan 2021 -
December 2021.
✓ On the global front, over 100 million
people were forced to displace in 2021
due to violence, human rights abuses,
food insecurity, the climate crisis, war in
Ukraine and other emergencies from
Africa to Afghanistan.
The largest displacements due to disasters in
2021 occurred in China (6.0 million),
the Philippines (5.7 million) and India (4.9
million).Click here to read the official report.
Financing India’s 2030 BloombergNEF According to the BloombergNEF (BNEF)’s report
Renewables Ambition (BNEF) titled “Financing India’s 2030 Renewables
Ambition”, published in association with the
Power Foundation of India, India will need USD
223 billion investment to achieve the goals of
the government of India to increase the non-
fossil power, wind and solar, capacity to 500
gigawatts (GW) by 2030.
✓ By 2030, India aims to provide around
50% of its electricity demand from
renewable energy.
✓ The report estimates a requirement of
USD 223 billion over the next 8 years to
meet the solar and wind capacity targets.
India was ranked among the leading emerging
markets covered by Climatescope, the flagship
report of BNEF, analyzing market attractiveness
for energy transition investment. Click here to
read more
India’s Booming Gig and Platform NITI (National Launched by its Vice Chairman Suman Bery, CEO
Economy- Perspectives and Institution for Amitabh Kant and Special Secretary Dr. K
Recommendations on the Future Transforming India) Rajeswara Rao.
of Work Aayog ✓ Gig Economy/Sector is a labour market
in which instead of a traditional, in-office,
full-time job with a single company, gig
workers work as short-term,
temporary/freelance/independent
contractors for one or more employers.
✓ In 2020–21, 77 lakh (7.7 million)
workers were engaged in the gig
economy which constituted 2.6% of the
non-agricultural workforce or 1.5% of
the total workforce in India.

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✓ The gig workforce is expected to expand


to 2.35 crore (23.5 million) workers by
2029–30 comprising 6.7% of the non-
agricultural workforce or 4.1% of the
total livelihood in India.
Report’s recommendation includes
extending social security measures to gig
workers and their families, including sick leave,
insurance, and pension as envisaged in the Code
on Social Security 2020. Click here to read more.
‘Performance Grading Index for Ministry of Education Department of School Education and Literacy
Districts of India (PGI-D) (DoSE&L), Ministry of Education released the
Combined Report For 2018-19 & ‘Performance Grading Index for Districts of India
2019-20 (PGI-D) Combined Report For 2018-19 & 2019-
20’ which assessed the performance of school
education system at the District level.
✓ The PGI-D report Graded 725 districts in
2018-19 and 733 districts in 2019-20
across the States / UTs (Union
Territories).
✓ Rajasthan’s Sikar (488 out of 1000
points) district is the highest performing
district for 2019-20 in school education,
followed by its Jhunjhunu (486), and
Jaipur (482). All these have attained the
grade of ‘Utkarsh’ category (scoring 81-
90% on a scale of 100). Rajasthan also
topped the second grade ‘Ati-
uttam’ having 24 of its districts in this
category, for 2019-20.
DoSE&L also released the Performance Grading
Index (PGI) 2019-20 For States and UTs in
which, for the first time, 5 States and UTs have
crossed the threshold of 90% PGI score and
reached Grade I++ i.e., Level II (score 901-950).
However, no state has attained the Level I (951 –
1000).
The 5 states in Grade I++ are Andaman and
Nicobar
Islands, Chandigarh, Kerala, Punjab and Tamil
Nadu. Click here to read more.
Making the right to social security International Labour According to International Labour Organization
a reality for domestic workers: A Organization (ILO) (ILO)’s new report titled “Making the right to
global review of policy trends, social security a reality for domestic workers: A
statistics and extension strategies global review of policy trends, statistics and
extension strategies”, only 6% of domestic
workers from across the globe are legally
covered for all benefits under social insurance
schemes.

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✓ Around 94% of domestic workers lack


access to the full range of protections,
covering medical care, sickness,
unemployment, old age, employment
injury, family, maternity, invalidity and
survivors’ benefits.
The report highlights that around 50% of all
domestic workers have no coverage at all, and
the remaining half are legally covered by at least
one benefit.

RANKING & REPORTS IN CONTENT FORMAT


Delhi’s IGI Airport Stands Best in India and South Asia, 37th among World’s top 50
The 2022 Skytrax World Airport Awards named Delhi’s Indira Gandhi International (IGI)
airport the finest in India and South Asia for the 4th consecutive year at the ceremony conducted
at Passenger Terminal EXPO in Paris, France on 16th June 2022. IGI Airport has also been
declared “the cleanest airport” in India and South Asia 2022.
✓ The airport rose to 37th position from 45th position in 2021, and it is the only airport from India
to be featured in the world’s top 50 airports. Click here to read more.
World’s Best Airports:
Rank Airport
1 Hamad International Airport, Qatar
2 Tokyo International Airport (Haneda),
Japan
3 Singapore Changi Airport, Singapore
37 Delhi’s Indira Gandhi International
(IGI) airport, India

TCS Retains its 10th Position Among Global BPM Providers in 2021
As per estimates by outsourcing consultancy Everest Group, Tata Consultancy Service (TCS) has
retained its 10th position among the top global Business Process Management (BPM) providers in
2021.
✓ TCS ranking was based on the composite revenue of over USD 3 billion for TCS, and revenue
growth, which grew by 14-16% over 2020.
✓ The Top 5 fastest growing companies year-on-year were Tech Mahindra, Telus International,
Majorel, Teleperformance and Comdata.
✓ The Top 5 BPM players in terms of revenue were Automatic Data Processing, Inc(ADP) ,
TelePerformance, Accenture, Concentricx ,and Cytal Group.

Russia Overtakes Saudi Arabia to Become India’s 2nd Biggest Oil Supplier
Russia has overtaken Saudi Arabia to become India’s 2nd-biggest oil supplier next to Iraq, as Russian
crude is currently available at discount following the war in Ukraine. Indian refiners have bought
Russian crude oil at discount as high as USD 30 per barrel.
✓ Iraq was the top supplier to India and Saudi Arabia stands 3rd biggest supplier to India.
✓ India is the world’s 3rd biggest oil-importing and consuming nation after the United States (US)
and China.
Russia: President – Vladimir Putin; Capital – Moscow; Currency – The Russian Ruble.

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IIM Ahmedabad Launches India’s First Agri Land Price Index : ISALPI
The Indian Institute of Management, Ahmedabad (IIMA), Gujarat, in association with Indian agri-land
marketplace SFarmsIndia has launched the IIMA-SFarmsIndia Agri Land Price Index (ISALPI), a first-
of-its-kind land price index.
✓ This will record and present ‘quality controlled’ data of prices of agricultural land across India.
The Misra Centre for Financial Markets and Economy at IIM-A will host this index on its official
website.
✓ Currently, ISALPI is based on land listing data from states of Andhra Pradesh, Karnataka,
Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.

CRISIL report: India’s Data Centre capacity to double to 1700-1800 MW by FY25


According to a report by CRISIL (an Indian analytical company), the data centre capacity in India is
expected to double to about 1,700-1,800 megawatts (MW) by fiscal 2025 from 870 MW in fiscal 2022.
✓ The increase in capacity addition will require an investment of more than Rs 40000 crore. The
government norms on data localisation, seeking storage of sensitive data within the country.
Of the Rs 40,000 crore odd investments, a third will be to acquire land, a fifth for substations, and the
balance for civil work, purchase of equipment and fit-outs.

ACQUISITION & MERGERS


CCI Approves Acquisition of Shareholding in Hitachi Construction Machinery Co., Ltd.
The Competition Commission of India (CCI) approves acquisition of shareholding in Hitachi
Construction Machinery Co., Ltd. by HCJI Holdings G.K., Citrus Investments, HCJ Holdings 2 G.K., Japan
Industrial V – GP K.K., and other investors.
✓ Citrus Investments LLC (“Citrus”), a wholly owned subsidiary of ITOCHU Corporation (“Itochu”),
HCJ Holdings 2 G.K. (“HCJ Holdings/HCJ HD2”), Japan Industrial – GP, Manalsu, Primrose GP,
Shepherds Hill Partners III Ltd., and Sonora Partners III Ltd. through HCJI Holdings G.K. (“HCJI”).
✓ HCM is listed on the Tokyo Stock Exchange. Its major shareholder and controlling parent company
is Hitachi (holding 51.5 % of the shares in HCM).

NCLT approves Amalgamation of two Panasonic India entities – Panasonic India & Panasonic
Life Solutions India
On 19th May 2022, the Chandigarh bench of the National Company Law Tribunal (NCLT) approved the
amalgamation of two Panasonic India entities Panasonic India Private Limited, with Panasonic Life
Solutions India.
✓ The income tax department has raised objections to the merger over the chances of the anti-abuse
provisions of the General Anti-Avoidance Rule (GAAR) arising in the future.
✓ Panasonic, the Japan-based tech brand approached the NCLT for the merger of loss-making
Panasonic India with the profit-making Panasonic Life Solutions India solely aims at tax avoidance.
The bench also added that the tax department could use the GAAR in the future

ADIA to Invest Rs 2200 Crore in IIFL Home Finance for 20% Stake
A wholly-owned arm of Abu Dhabi Investment Authority (ADIA) is set to invest Rs 2200 crore in IIFL
Home Finance Limited for 20% of its stake. This will be one of the largest equity investments in the
affordable housing finance segment in India by a financial investor.
✓ ADIA is a globally-diversified investment institution that invests funds on behalf of the
Government of Abu Dhabi.

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✓ IIFL Home Finance Limited (Established in 2006) is a wholly-owned subsidiary of IIFL Finance
Limited (formerly known as IIFL Holdings Limited).
✓ ADIA: MD– H.H. Sheikh Hamed bin Zayed Al Nahyan; Established in 1976; HQ– Abu Dhabi, UAE.

Tencent Acquires A USD 264 Million Stake in Flipkart from Binny Bansal
Tencent, a Chinese technology conglomerate, has bought a stake in Walmart-owned Flipkart from its
co-founder Binny Bansal for USD 264 million (about Rs 2,060 crore) through its European subsidiary
Tencent Cloud Europe BV.
After selling a part of his stake to Tencent Cloud Europe BV, Binny Bansal now owns around 1.84 % of
Flipkart.
✓ Following the transaction, Tencent Cloud Europe BV now owns 0.72 % of Flipkart, which is worth
around USD 264 million.
Though Tencent has invested in a number of enterprises in India, the Indian government has banned
various gaming apps, including PUBG Mobile and PUBG Mobile Lite, which were developed by Tencent
Group

CCI Clears BC Asia-IIFLWM, Viatris-Biocon Biologics Deals, Acquisition of GSK Restructuring


On 14th June 2022, the Competition Commission of India (CCI) approved the following proposed
transactions:
i. Acquisition of 24.98% shareholding of IIFL Wealth Management (IIFLWM) Limited by BC Asia
Investments X Limited (BC Asaia)
ii. Sale of global biosimilars portfolio of Viatris Inc. to Biocon Biologics Limited (Biocon Biologics) and
equity infusion in Biocon Biologics by Biocon and Serum Institute Life Sciences Private Limited.
iii. Acquisition of Corporate restructuring of GlaxoSmithKline (GSK) Consumer Healthcare Holdings
Limited (JVCO).
✓ Under Section 31(1) of the Competition Act, 2002, the CCI has approved the acquisition of the
corporate restructuring of GlaxoSmithKline Consumer Healthcare Holdings Limited (JVCO).
iv. Approved the acquisition of the entire equity share capital of AirAsia (India) Private Limited (Air
Asia India) by Air India Ltd. (AIL), a wholly-owned subsidiary(indirect) of Tata Sons Private Limited
(TSPL). At present, TSPL hold 83.67% of the equity share capital of Air Asia India.
✓ CCI: Chairperson– Ashok Kumar Gupta; HQ– New Delhi, Delhi. Click here to read more.

DBS Bank India Acquires 9.9% Stake in NBFC Svakarma Finance


DBS Bank India Limited (DBIL) has acquired a 9.9 percent stake in Svakarma Finance, a Non-
Banking Finance Company (NBFC), to deliver financial solutions to micro enterprises through a
combination of direct lending and co-lending.
✓ Svakarma is a non-deposit-taking NBFC, set up by former bankers to target micro-enterprises
using an industry segment and cluster-focused delivery model.
✓ DBIL was among the 1st foreign banks in India to start operating as a wholly owned, locally
incorporated subsidiary. In 2020, DBIL had taken over domestic private sector lender Lakshmi
Vilas Bank (LVB).
DBIL: MD & CEO - Surojit Shome; Establishment – 1994; HQ – Mumbai, Maharashtra

SBI, HDFC Bank, ICICI Bank Acquire 9.54% Stakes each in Perfios AA
On 28 June 2022, The State Bank of India (SBI), HDFC Bank and ICICI Bank acquired a 9.54% stake each
in Perfios Account Aggregation Services Private Limited (Perfios AA).
✓ Perfios AA, is a Bengaluru-based Reserve Bank of India (RBI)-registered Non-Banking Financial
Company (NBFC)-Account Aggregator.

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✓ The three banks acquired 8,05,520 equity shares each by paying Rs 4.03 crore each for the stakes.
The investments will be subject to the approval of the Reserve Bank of India (RBI).
Perfios AA: CEO-Srikanth Rajagopalan; HQ- Bengaluru, Karnataka.

DEFENCE
EXERCISE
EXERCISE NAME VENUE / PARTICIPATING KEY NOTES
COUNTRIES
Ex SAMPRITI-X 2022 Jessore military station in A joint military training exercise between the armies
Bangladesh, India and of India and Bangladesh, ‘Ex SAMPRITI-X 2022’
Bangladesh commenced at Jessore military station in Bangladesh
from June 5 to June 16, 2022. It is a part of the ongoing
India Bangladesh bilateral defence cooperation.
✓ The Indian contingent is represented by a
battalion of the Dogra regiment and
Bangladesh is represented by Border Guards.
During the exercise both sides will share expertise in
multiple simulated scenarios of counter-terrorism,
humanitarian assistance and disaster relief under the
United Nations (UN) mandate. This will contribute to
peace and stability in the region.
BALTOPS (Baltic On 5th June 2022 North Atlantic Treaty
Operations) 22 Organisation (NATO) initiated BALTOPS (Baltic
Operations) 22, a two-week 51st iteration of the
premier maritime-focused exercise took place from
June 5-17 ,2022 on the Baltic Sea. It is being hosted by
Sweden. The annual BALTOPS naval exercise was
initiated in 1972.
✓ It comprised of more than 7,000 sailors, airmen
- and marines from 16 nations, involving 45
vessels and 75 aircrafts including Finland and
Sweden, aspiring to join the military alliance.
✓ As NATO’s close partners, Finland and Sweden
have participated in the naval drill since the
mid-1990s.
It will be linked to the 500th anniversary of the Royal
Swedish Navy and – for the second time – to the
German-led Multinational Air Group Days (MAGDAYs)
exercise
Exercise Khaan Quest Five Hills Training Area Exercise Khaan Quest (KQ) 2022, a 14-day long
(KQ) 2022 near annual Multinational Peacekeeping Military Exercise,
Ulaanbaatar, Mongolia has commenced on 6th June 2022 at Five Hills Training
Area near Ulaanbaatar, Mongolia. Indian Army (IA) is
represented by a contingent from the Ladakh Scouts.
✓ Mongolia is hosting the event, inaugurated by
Mongolian President Ukhnaagiin Khurelsukh. It

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marks the 20th anniversary of Mongolia’s first


UN peacekeeping contribution.
KQ is a regularly scheduled exercise co-sponsored by
United States Indo-Pacific Command (USINDOPACOM),
and hosted by the Mongolian Armed Forces.
IND-INDO CORPAT Andaman Sea and Straits On 13th June 2022, the 38th India-Indonesia
of Malacca, India- Coordinated Patrol (IND-INDO CORPAT) between the
Indonesia Indian Navy (IN) Units of Andaman & Nicobar
Command (ANC) and Indonesian Navy have been
started in the Andaman Sea and Straits of Malacca
which takes place till 24th June 2022.
✓ The 38th CORPAT is the first post pandemic
Coordinated Patrol (CORPAT) between India
and Indonesia. The CORPAT has been carried
out along their International Maritime
Boundary Line (IMBL) since 2002.
Indonesia: President – Joko Widodo; Capital
– Jakarta; Currency – Indonesian Rupiah

TESTING
MISSILES NAME TESTING LOCATION FEATURES
Nuclear-capable Agni- APJ Abdul Kalam On June 6, 2022, India successfully carried out a night
4(“Fire”) Intermediate- Island launch of the nuclear-capable Agni-4(“Fire”) Intermediate-
Range Ballistic Missile Range Ballistic Missile (IRBM) from the APJ Abdul Kalam
(IRBM) Island (earlier known as Wheeler Island) in Odisha It is a
two stage Surface to Surface missile with range of around
3500-4,000 kilometres. This test reaffirms India’s policy of
having a ‘Credible Minimum Deterrence Capability’.
✓ It can carry a 1,000-kg payload and can go as high
as 900 km, and is 4th in the Agni series of missiles
which was earlier known as Agni II prime. The test
was part of routine user training launches carried
out under the aegis of the Strategic Forces
Command (SFC).
Notably, Agni-1 to 5 missiles is designed & developed
by Defence Research and Development
Organisation (DRDO) and inducted into services to act as
deterrence & meet India’s security requirements.
Short-Range Ballistic Chandipur, Odisha On 15th June 2022 India successfully carried out the night
Missile launch of a Short-Range Ballistic Missile (SRBM), Prithvi-
(SRBM), Prithvi-II II from an integrated test range, Chandipur, Odisha.
✓ Prithvi II is developed by the Defence Research and
Development Organisation (DRDO) of India under
its Integrated Guided Missile Development
Program (IGMDP).
✓ It was initially developed for the Indian Air
Force (IAF) as its primary user and was later
inducted into the Indian Army.

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✓ The missile is a single-stage liquid-fueled missile


that has a maximum warhead mounting capability
of 500 kg, along with 250 km extended range and
it can be launched from a mobile launcher.
DRDO: Chairman – G. Satheesh Reddy; HQ – New Delhi,
Delhi; Formed in – 1958
Vertical Launch Short Integrated Test An indigenously developed Vertical Launch Short Range
Range Surface to Air Range (ITR), Surface to Air Missile (VL-SRSAM) was successfully flight-
Missile (VL-SRSAM) Chandipur off the tested by the Defence Research and Development
coast of Odisha Organisation (DRDO) and the Indian Navy (IN) from a
warship at Integrated Test Range (ITR), Chandipur off the
coast of Odisha.
✓ VL-SRSAM is designed based on Astra Mark-1
missile which is a Beyond Visual Range Missile
(BVR) Air-To-Air Missile (BVRAAM). It has 2 key
features: Crucifoem wings & thrust vectoring.
It is developed by DRDO facilities of Defence Research and
Development Laboratory (DRDL) and Research Centre
Imarat (RCI), both from Hyderabad (Telangana), and
Research & Development Establishment (Engineers) based
in Pune (Maharashtra).
Anti-Tank Guided Main Battle Tank An indigenously-developed Laser-Guided Anti-Tank
Missile (ATGM) (MBT) Arjun by Guided Missile (ATGM) was successfully test-fired
DRDO at KK Ranges from Main Battle Tank (MBT) Arjun by Defence Research
near Ahmednagar and Development Organisation (DRDO) and Indian Army
at KK Ranges near Ahmednagar, Maharashtra.
✓ Developed by two Pune (Maharashtra) based
facilities of the DRDO’s Armament and Combat
Engineering (ACE) Cluster viz. Armament Research
and Development Establishment (ARDE) and High
Energy Materials Research Laboratory (HEMRL); in
association with Instruments Research and
Development Establishment (IRDE), Dehradun
(Uttarakhand).
Laser-Guided ATGM uses tandem High Explosive Anti-
Tank (HEAT) warhead to defeat Explosive
Reactive Armour (ERA) protected armoured vehicles in
ranges from 1.5 to 5 kilometre.

ARMY, NAVY & AIR FORCE NEWS


Indian Navy commissioned ALH MK III Squadron INAS 325
Indian Naval Air Squadron (INAS) 325, operating the indigenously built Advanced Light Helicopter
(ALH) MK-III aircraft, was commissioned into the Indian Navy during an event in an Indian Naval Ship
(INS) Utkrosh, Port Blair of Andaman and Nicobar Island.
✓ Lieutenant General Ajai Singh, Ati Vishisht Seva Medal (AVSM), Commander-in-Chief, Andaman
and Nicobar, has commissioned the Indian Naval Air Squadron (INAS) 325 into the Indian Navy.
The state-of-the-art multi-role helicopter has been developed and manufactured by Hindustan
Aeronautical Limited (HAL), Bangalore,Karnataka. ALH is also known as the Dhruv helicopter or HAL
Dhruv.

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INS Nishank & INS Akshay Decommissioned in Mumbai; Rendering Around 32 years of glorious
service
On June 3, 2022, the Indian Naval Ship (INS), ‘Nishank’(K43), 4th of Veer Class Missile Corvette Killers
and ‘INS Akshay’(P35), Abhay class corvette were decommissioned during a ceremony conducted at
Naval Dockyard in Mumbai, Maharashtra wherein the National Flag, Naval Ensign and
Decommissioning Pennant of the two ships were lowered for the last time at sunset. Both ships
rendered more than 32 years of glorious service to the nation.
✓ INS Nishank and INS Akshay were part of the 22 Missile Vessel Squadron and 23 Patrol Vessel
Squadron, respectively, under the operational control of Flag Officer Commanding, Maharashtra
Naval Area.
✓ INS Nishank, was a high-speed missile craft commissioned on September 12, 1989, while INS
Akshay was commissioned on December 10, 1990 at Poti, Georgia.
They participated in several naval operations, including Operation Talwar during the Kargil War; &
Operation Parakram, that was launched consequent to the Parliament attack in 2001. Click here to read
more

Defence Ministry Amends Service Rule: Retired Chiefs of Tri Service Eligible for the Post of CDS
The Ministry of Defence has amended the service rule of the Army, Air Force and Navy, inserting the
clause after sub-rule (4) of rule 16A of the Army Rules, 1954.
✓ This clause allows the retired Chief and their second in command in the armed forces, not older
than 62, eligible for the post of Chief of Defence Staff (CDS), the topmost military assignment.
The government may extend the service of the CDS for such a period as it may deem necessary subject
to a maximum age of 65 years. This will enable the retired 3-star generals from Army, Navy and Air
force to become eligible for the post of CDS.

SCIENCE & TECHNOLOGY


SATELLITES LAUNCHES
SATELLITE NAME COUNTRY PURPOSE
GSAT (Geosynchronous India NewSpace India Limited’s (NSIL), GSAT (Geosynchronous
Satellite)-24 satellite Satellite)-24 satellite was successfully launched through
Ariane-5 Rocket/Ariane Flight VA257 by French company
Arianespace from the Guiana Space Centre, in Kourou,
French Guiana in South America. This is India’s 1st
‘demand-driven’ communication satellite.
GSAT24 is built by Indian Space Research Organisation
(ISRO) for NSIL.It was the 25th Indian satellite launched
by Arianespace and the 11th of the GSAT series.
Nuri South Korea South Korea launched its first indigenously built space
rocket – Korea Satellite Launch Vehicle (KSLV) II, called
as “Nuri”, from Naro Space Center at a launch site in
Goheung, Jeollanam-do Province, South Korea. In Korean,
the word Nuri means ‘world’.
✓ Naro Space Center is a state-run centre operated
by the Korea Aerospace Research Institute (KARI)
in Goheung, South Jeolla Province.

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✓ With this launch, South Korea has become the


World’s 10th nation to place a satellite into space
with its own technology.
South Korea has also become the 7th country to develop a
space launch vehicle that can carry a satellite weighing
more than 1 ton, after Russia, the United States(US),
France, China, Japan and India.
3 Remote sensing China China successfully launched 2nd Batch of three new
satellites of Yaogan-35 remote sensing satellites of Yaogan-35 series by a Long
series March (LM)-2D carrier rocket, from the Xichang Satellite
Launch Center (XSLC) in Sichuan Province, southwest
China.
✓ The satellites entered the desired orbit
successfully as the second batch of the Yaogan-35
series. The first batch of 3 Yogan-35 satellites
were launched in November 6, 2021.
The LM-2D is a two-stage launch vehicle. Its overall length
is 41.056 metres (m), and its lift-off mass is 250 tonnes.
NASA Black Brant IX NASA, US The National Aeronautics and Space
suborbital sounding rocket Administration (NASA), the space agency of the United
States (US), launched a NASA Black Brant IX suborbital
sounding rocket from the Arnhem Space Center
(ASC) on the Dhupuma Plateau near Nhulunbuy in
Australia.
✓ It was the first occasion that NASA had launched a
rocket from Northern Territory of Australia in
27 years, since 1995. It was also the agency’s first
launch from a commercial spaceport outside of the
United States.
Two of the three missions will focus on Alpha Centauri A
and B, the nearest double-star systems to the Earth, at a
distance of 4.3 light-years. The third will study X-rays
emerging from the interstellar medium – the clouds of
gases and particles in the space between stars.

OTHER SCIENCE & TECHNOLOGY NEWS


NATIONAL
Bengaluru’s ADTL Delivers Gaganyaan Crew Module Fairing to ISRO
The Indian Space Research Organisation’s (ISRO), Vikram Sarabhai Space Centre (VSSC) has received
the crew module fairing (CMF), a critical structure that will protect the Gaganyaan module carrying the
astronauts during launch, from an Alpha Design Technology Limited’s (ADTL), Bengaluru, Karnataka.
✓ CMF is a structure that protects the crew module of Gaganyaan against the impact of dynamic
pressure and aerodynamic heating during launch through an atmosphere.
✓ Alpha has signed an agreement with ISRO’s satellite centre for Transfer of Technology (ToT) of
the small satellite platform, Indian Mini Satellite-1 (IMS-1) Bus, a model on which satellites or
spacecraft are based and also the infrastructure that provides locations for payload.
VSSC: Director: Dr. S. Unnikrishnan Nair; HQ – Thiruvananthapuram, Kerala.

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India’s First & Asia’s Largest International Liquid-Mirror Telescope Commissioned


at Devasthal Hill, Uttarakhand
India has commissioned its first and Asia’s largest International Liquid-Mirror Telescope (ILMT)
atop Devasthal hill, in the Indian Himalayas, in Uttarakhand.
✓ It is situated at an altitude of 2450 metres at the Devasthal Observatory campus of Aryabhatta
Research Institute of Observational Sciences (ARIES), an autonomous institute under the
Department of Science and Technology (DST), Ministry of Science and Technology (MoST), in
Nainital district, Uttarakhand.
✓ The International Liquid Mirror Telescope (ILMT) is a 4-meter (m) class telescope project in which
multiple institutions from several countries are actively involved, including Belgium, Canada,
India, and Poland.
✓ The Devasthal Observatory now houses two 4-m class telescopes – the ILMT and the Devasthal
Optical Telescope (DOT), both of which are considered to be the largest aperture telescopes
available in India. Click here to read more about ILMT

India set to launch 1st Human Space Mission Gaganyaan & 1st Human Ocean Mission in 2023
Dr Jitendra Singh, Union Minister of State (MoS) (Independent Charge), Ministry of Earth Sciences
(MoES); and Ministry of Science & Technology announced that India is set to simultaneously launch the
first Human Space Mission “Gaganyaan” as well as the first manned Human Ocean Mission in 2023, at
an event organised as a part of World Ocean Day 2022 (8th June) at Prithvi Bhawan, Delhi.
✓ He announced that Indian govt. is set to unveil the Blue Economy Policy and more than 40 million
people will be employed by ocean-based industries by 2030.
The Deep Ocean Mission, approved by the government of India in June 2021 is implemented by the
MOES at a total budget of Rs 4077 crore for 5 years. Click here to read more.

PARAM ANANTA Supercomputer Commissioned at IITGN, Gujarat


PARAM ANANTA, a state-of-the art Supercomputer has been commissioned at Indian Institute of
Technology Gandhinagar (IITGN), Gujarat under National Supercomputing Mission (NSM). It is a joint
initiative of Ministry of Electronics and Information Technology (MeitY) and Department of Science and
Technology (DST).
✓ The 838 teraflops (TF) Supercomputing System is powered with 7400 CPU cores, 52TB RAM, 1PiB
of storage space, and an enormous power of GPU nodes along with the usual software stack
required to run high-end simulations.
✓ The supercomputer Param Ananta will rank behind C-DAC’s Param Siddhi-AI, which as of
November 2021 was the 102nd most powerful supercomputer in the world — with peak
performance capability of 3.3 petaflops.
The NSM is being jointly steered by the Department of Science and Technology (DST) and the Ministry
of Electronics and Information Technology (MeitY) and implemented by the Centre for Development of
Advanced Computing (C-DAC), Pune, and the Indian Institute of Science (IISc), Bengaluru.

ISRO Chairman Dr S Somanath Inaugurates Ananth Technologies’ New Spacecraft


Manufacturing Facility in Bengaluru
Dr S Somanath, Chairman of Indian Space Research Organisation (ISRO) inaugurated
the Ananth Technologies’ new state of the art spacecraft manufacturing facility at Karnataka
Industrial Area Development Board (KIADB) Aerospace Park, Bengaluru, Karnataka. This is India’s first
such facility in the private sector.

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✓ Its objective is to pursue space science research and planetary exploration and to harness space
technology for the development of India.

Bengaluru Based Ambee Joins Nasa’s PACE Mission as Early Adopter


Datair Technology Private Limited (Ambee), a Bengaluru (Karnataka) based private firm, has joined
the PACE (Plankton, Aerosol, Cloud, ocean Ecosystem) mission of National Aeronautics and Space
Administration (NASA), the space agency of the United States of America (USA) as an early adopter.
✓ NASA’s PACE mission, currently in the design phase of mission development, is scheduled to
launch in 2024.
✓ Ambee is a global platform for hyperlocal and geospatial datasets on air quality, weather, pollen,
soil, water vapour and fire.
As a part of the PACE Mission’s Early Adopter program, Ambee will integrate valuable PACE data into its
offerings. With access to NASA’s hyperspectral and polarimetric PACE data, Ambee’s air quality datasets
will become more accurate.

NCPCR Launches “CiSS application” under Baal Swaraj Portal to Help Rehabilitation of Children
in Street Situations
The National Commission for the Protection of Child Rights (NCPCR) launched
the “CiSS application” under the Baal Swaraj portal to help in the rehabilitation process of Children in
Street Situations (CiSS).
✓ The portal developed by NCPCR is a first-of-its-kind initiative in India to help children in street
situations. It follows six stages framework for the rehabilitation of children. The initiative is taken
under the direction of the Supreme Court of India.
This program incorporates Article 51 (A) of the Constitution of India, as it provides a platform to the
public and organizations that support the welfare of the children to report any child in need of
assistance.

Indian Coast Guard Commissions Indigenous ‘ALH MK-III’ Helicopter


On 28th June 2022 Indian Coast Guard (ICG) commissioned the 835 Squadron (CG), indigenous
advanced light helicopter (ALH) DHRUV MK-III aircraft at Porbandar port, Gujarat. It was
commissioned by ICG director general Virender Singh Pathania at the force’s air enclave on the west
coast and is commanded by Commandant Sunil Dutt.
✓ They undertake maritime reconnaissance along with Search and Rescue (SAR) during day and
night and even while operating from ships.
✓ The ALH MK III helicopters have been indigenously manufactured by Hindustan Aeronautics
Limited (HAL). Until now, 13 ALH MK-III aircraft have been inducted in the ICG in a phased
manner and 4 are at Porbandar, Gujarat.
ICG: Director General – Virender Singh Pathania; HQ – New Delhi, Delhi.

HomoSEP: A Robot to Eliminate Manual Scavenging in India


Indian Institute of Technology Madras (IIT-M) has developed ‘HomoSEP,’ a robot to eliminate manual
scavenging in India, is all set for field deployment in Tamil Nadu.
✓ The aim is to prevent deaths which are reported every year across India due to manual scavenging
in septic tanks, despite bans and prohibitory orders.
✓ Mechanism: The HomoSEP robot can homogenise the hard sludge in septic tanks through a
custom-developed rotary blade mechanism and pump the tank slurry using an integrated
suction mechanism.

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Rubber Board’s Electronic Trading Platform ‘mRube’ Goes Live


mRube, the electronic trading platform promoted by Rubber Board went Live on June 8 2022. The
board intends to complement the existing trade system for rubber by introducing more transparency
coupled with quality assurance and payment security through mRube.
✓ The technology partner for developing the mRube is Ahmedabad (Gujarat)-based i– Sourcing
Technologies Pvt. Ltd.
✓ Rubber Board is a statutory body under the Ministry of Commerce & Industry, established for the
overall development of the rubber industry in India.
✓ Rubber Board Founded on 18 April 1947 and Head Office is located in Kottayam, Kerala. KN
Raghavan, Executive Director of the Rubber Board.

ICG Inducts Indigenous Developed ALH Mk-III in Chennai


On 20th June 2022 the Indian Coast Guard’s (ICGs) inducted a first made in India Advanced Light
Helicopter (ALH) Mark III aircraft in the Coast Guard Region East which is headquartered in Chennai,
Tamil Nadu.
✓ The ALH is an indigenous aircraft designed and developed by the Hindustan Aeronautics Limited
(HAL).
✓ This is the first induction into the newly created ‘840 Squadron’ that is to be based in Chennai,
three more choppers of the same variant are to be inducted.
✓ HAL: Chairman & MD – R Madhavan; Establishment – 1940; HQ – Bangalore, Karnataka.

INTERNATIONAL
59th edition of Top500: Frontier of US Overtakes Japan’s Fugaku to Become the World’s Fastest
Supercomputer
According to the 59th edition of Top500 list of world’s most powerful supercomputers was announced
at the International Supercomputing Conference 2022 in Hamburg, Germany, ORNL’s Supercomputer,
‘Frontier’ from US (United States), a supercomputer built using Hewlett Packard Enterprise (HPE)
architecture and equipped with Advanced Micro Devices (AMD) processors, outperformed Japan’s
Supercomputer Fugaku to become the world’s fastest supercomputer.
✓ The supercomputer – Frontier, which was built for the US Department of Energy’s Oak Ridge
National Laboratory (ORNL).
✓ The supercomputer Fugaku, installed at the RIKEN Centre for Computational Science in Kobe,
Japan, has a Linmark benchmark score of 442 petaflops.
In its previous listing as of November 2021, India’s highest ranking in the supercomputer list came in at
102, with the Param Siddhi-AI.

NASA’s CAPSTONE Mission Launches to the Moon


On 28th June 2022, National Aeronautics and Space Administration (NASA)’s CAPSTONE, 12-unit
CubeSate lunar orbiter was successfully launched on Rocket Lab’s Electron rocket from the Rocket
Lab Launch Complex 1 on the Mahia Peninsula, New Zealand, which marks the first-of-its kind for both
Rocket Lab and NASA.
✓ The mission’s aim is to allow future spacecraft to determine their location without relying on
Earth-based tracking.
✓ The Cislunar Autonomous Positioning System Technology Operations and Navigation
Experiment (CAPSTONE) is a low-cost mission that carries a payload flight computer and radio
that performs calculations to determine 55-pound (25 kilograms) CubeSat, a microwave size
satellite’s location in its orbital path.

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The CubeSat satellite will use NASA’s Lunar Reconnaissance Orbiter (LRO) as a reference point to know
its position in space.

China Launches its 1st fully Domestically Built Aircraft Carrier named Fujian
On June 17, 2022, China launched its first fully domestically built catapult aircraft carrier, ‘Fujian’
which is its most advanced naval vessel, at a ceremony held at Shanghai’s Jiangnan Shipyard. It is
named after China’s eastern coastal province of Fujian.
✓ Fujian is China’s 3rd aircraft carrier built by China State Shipbuilding
Corporation (CSSC) Limited. It is the biggest and most modern aircraft carrier, marking a major
military advance for the Asian superpower.
The advanced catapult system is called Electromagnetic Aircraft Launch System (EMALS) which is
more energy-efficient and reduces maintenance.

DAVINCI Mission: NASA’s Venus Mission is Set to Launch in 2029


NASA’s Venus Mission, Deep Atmosphere Venus Investigation of Noble gases, Chemistry, and Imaging
(DAVINCI) mission named after visionary Renaissance artist and scientist Leonardo da Vinci (Italy) is
tentatively scheduled to launch in June 2029 and enter the atmosphere of Venus in June 2031.
✓ DAVINCI, with Venus Oxygen Fugacity (VfOx), a miniature sensor, will measure the amount of
oxygen present near the surface of Venus.It helps to measure the landscape of Venus at scales
readings ranging from 328 feet (100 metres) down to less than 1 metre.
After exploring the top atmosphere of Venus and the composition of “Alpha Regio” a mountainous
region, DAVINCI will drop its probe to the Venus surface in 2031.

US, South Korea Fires 8 Ballistic Missiles to Sea, Matching North Korea’s Launches
The US and South Korean militaries launched eight ballistic missiles into the sea that equaled the
North Korean missile display.
✓ The North Korea is firing eight short-range missiles over 35 minutes from at least four different
locations, including from western and eastern coastal areas and two inland areas north of and near
Pyongyang, North Korea.
✓ U.S. and South Korean – The two forces conducted a similar live-fire drill that involved an Inter-
Continental Ballistic Missile (ICBM) flown on medium-range trajectory and two short-range
weapons.

China Launched Crewed Mission for Construction of China’s Tiangong Space Station
China successfully launched the 3 astronauts (including 1 woman astronaut) on a 6-month mission to
complete the construction of China’s Tiangong Space Station, a space station being built by the China
Manned Space Agency (CMSA) in the Low Earth Orbit (LEO). Following the completion of Space Station
construction, China will become the only country to own a space station.
✓ The 3 Chinese astronauts, onboard the Shenzhou-14 spacecraft was lifted off from the Jiuquan
Satellite Launch Center in northwest China.
The 3-member mission will complete the assembly and construction of the space station, developing it
from a single module structure into a national space laboratory with 3 modules which include the core
model Tianhe (“Harmony of the Heavens”) and 2 lab modules, Wentian (“Asking the Heavens”) and
Mengtian (“Dreaming of the Heavens”).

China releases New Comprehensive Geologic Map of the Moon; World’s ‘Most Detailed to date’
Map of Moon
China has released a new comprehensive geologic map of the moon. This is the world’s “most detailed
to date” map of the moon. The new map of scale 1:2,500,000 was published by Science Bulletin.

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✓ This high-resolution topographic map was prepared based on the data from Chang’e project, the
lunar exploration project of China.
This project was led by the Institute of Geochemistry of the Chinese Academy of Sciences along with the
Chinese Academy of Geological Science, China University of Geosciences and Shandong University.

SPORTS
CRICKET
Gujarat Titans – Winners of the 15th Edition of TATA IPL 2022
On May 29, 2022, Gujarat Titans (GT) led by Captain Hardik Himanshu Pandya won the 15th edition of
TATA sponsored Indian Premier League (IPL) 2022 and lifted their maiden IPL trophy in their first IPL
season, by defeating Rajasthan Royals (RR) at Narendra Modi Stadium, Ahmedabad, Gujarat. The league
took place from 26 March 2022 to 29 May 2022.
✓ A total of 10 teams participated in which two new teams were included, Gujarat Titans and
Lucknow Supergiants.
✓ Winner – Gujarat Titans (GT): Captain – Hardik Pandya (India); Head coach – Ashish Nehra
(India); Batting coach – Gary Kirsten (South Africa); Major Sponsor – Ather Click here to read more
about the 15th edition of TATA sponsored IPL 2022

Paytm T20I Series: India and South Africa Shared the Trophy Due to Tie-Break In The Decider
The Paytm sponsored 5 match Twenty20 International (T20I) was hosted by India (IND) against
South Africa (SA) from June 09 to June 19, 2022.
The 5 match T20I series ended in a tie-breaker (2-2) as the first two matches were won by South
African Cricket team led by Temba Bavuma and 3rd and 4th match was won by Indian cricket team led
by Rishabh Pant and the decider (5th match) was called-off due to rain and the trophy was shared
between both the teams.
Senior India fast bowler Bhuvneshwar Kumar was adjudged the player of the series for his prolific
performance with the ball by picking up a total of 6 wickets in 4 matches.
Player of the Match
✓ 1st T20I: David Miller (SA) was given man of the match award for his 64 runs (not out).
✓ 2nd T20I: Heinrich Klaasen (SA) was given man of the match award for his 81 runs.
✓ 3rd T20I: Yuzvendra Chahal (IND) was given man of the match award for his 3 (Wickets) /20
4th T20I: Dinesh Karthik (IND) was given man of the match award for his 55runs.

Cricket: India Defeats Ireland in A Two-Match T20I series


Indian Cricket Team led by Hardik Pandya for the Ireland series – 2022 has defeated Ireland cricket
team led by Andrew Balbirnie in both the Twenty 20 International (T20I) and won “Joy E-Bike
Electrifying Cup”. The match took place from 26 June to 28 June 2022 in Malahide Cricket Club (The
Village), Malahide, Ireland.
✓ Umran Malik from Jammu and Kashmir has made his debut into the Indian Cricket Team and also
took a wicket in his 2nd match (1/42 in 4 overs).
✓ Hardik Pandya becomes the first Indian Captain to Pick a wicket in T20I.
✓ Player of the Series: Deepak Hooda, Scored 151 runs in both the T20I’s
Player of the Match: 1st T20I: Yuzvendra Chahal, for his phenomenal bowling figure (1/11 in 3
overs) & 2nd T20I: Deepak Hooda, for his maiden century (104 runs in 57 balls).

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Mithali Raj Retires from All Forms of International Cricket


On 8th June 2022, Indian women’s cricket team captain, Mithali Raj (39 years old), hailing from
Jodhpur, Rajasthan, announced her retirement from all forms of international cricket, completing her
23 years of international career.
✓ Previously in September 2019, she retired from twenty 20 International (T20Is) but continued to
play One Day Internationals (ODIs) and Test cricket.
✓ In March 2021, she became the first Indian woman cricketer and second internationally to
complete 10,000 runs across all formats. She went past Charlotte Edwards’ tally of 10273 runs.
She was the Captain of the Indian Team competed in the finals of ICC Women’s World Cup in 2005 &
2017.

BADMINTON & TENNIS


Badminton: Viktor Axelsen, Tai Tzu Ying win singles titles in Indonesia Open 2022
Indonesia Open 2022 was held from June 14 to 19, 2022, at Istora Stadium in Jakarta, capital of
Indonesia. It was one of the tournaments in 2022 Badminton World Federation (BWF) World Tour.
Viktor Axelsen from Denmark and Tai Tzu Ying of Chinese Taipei won the respective men’s and
women’s singles titles.
Indian male shuttler HS Prannoy went semi-final and lost his game against China’s Zhao Jun Peng. He
had finished second in the men’s singles World Tour rankings.
Winners of Indonesia Open 2022
Category Winner Runner
Men’s Singles Viktor Axelsen (Denmark) Zhao Jun Peng (China)
Women’s Singles Tai Tzu Ying (Chinese Taipei) Wang Zhi Yi (China)
Men’s Doubles Title Liu Yu Chen and Ou Xuan Yi Choi Sol Gyu and Kim Won Ho (South
(China) Korea)
Women’s Doubles Matsuyama Nami and Shida Fukushima Yuki and Hirota Sayaka (Japan)
Chiharu (Japan)
Mixed Doubles Zheng Si Wei and Huang Ya Watanabe Yuta and Higashino Arisa (Japan)
Qiong (China)

Nadal Clinches 22nd Grand Slam Title in ROLAND-GARROS 2022


Rafael Nadal Parera ‘Rafa’, the legendary Spanish professional tennis player clinched his 22nd Grand
Slam title (Men’s singles category) in ROLAND-GARROS (French Open) 2022, held at Court Philippe-
Chatrier, Paris, France.
✓ Nadal defeated Casper Ruud (Norway) in the final of French open 2022 and added his 14th
ROLAND-GARROS 2022 trophy to his cabinet with the prize money of 2.2 million euros.
✓ The French Open 2022 was played on clay courts. Rafael Nadal is known as “The King of Clay (for
14 titles in French Open)”.
Winners and Runners Of ROLAND-GARROS 2022:
Category Winners Runners
Men’s Singles Rafael Nadal (Spain) Casper Ruud (Norway)
Women’s Singles Iga Swiatek (Poland) Coco Gauff (US)
Men’s Doubles MarceloArévalo IvanDodig
(El Salvador) (Croatia)
Jean-JulienRojer (Netherlands) AustinKrajicek
(US)

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Women’s Doubles CarolineGarcia (France) JessicaPegula (US)


KristinaMladenovic (France) CocoGauff (US)
Mixed Doubles EnaShibahara (Japan) JoranVliegen (Germany)
WesleyKoolhof (Netherlands) Ulrikke Eikeri (Norway)
Click here to read more about French Open 2022

Stuttgart Open 2022: Matteo Berrettini Beats Andy Murray in Men’s Single,Iga Swiatek won
Women’s Single Title
The men’s and women’s tennis tournament Stuttgart Open 2022 was held in Stuttgart, Germany.
2022 BOSS Open (formerly known as the Mercedes Cup), is men’s tennis tournament played on
outdoor grass courts is the 44th edition of the Stuttgart Open.It was held at the Tennis Club Weissenhof
in Stuttgart, Germany, from 6 June until 12 June 2022.
✓ Matteo Berrettini (Italy) won men’s singles title against Former World No. 1 Andy Murray
(Britain) in 2022 BOSS Open.
✓ Men’s Doubles title was won by Hubert Hurkacz (Poland) and Mate Pavic (Croatia) against Tim
Putz (Germany) and Michael Venus (New Zealand) in 2022 BOSS Open.
2022 Porsche Tennis Grand Prix, is women’s tennis tournament played on Clay courts, held at the
Porsche Arena in Stuttgart, Germany. It was the 45th edition of the Porsche Tennis Grand Prix.
✓ Iga Swiatek of Poland (Women’s singles world no 1) won the women’s singles title against Aryna
Siarhiejeŭna Sabalenka of Belarus.
Desirae Marie Krawczyk (America) and Demi Schuurs (Netherland) won women’s doubles against Coco
Gauff(America) and Zhang Shuai (China).

ATHLETIC & FOOTBALL


US, Canada, & Mexico to Host FIFA World Cup 2026; 1st time to be Hosted by 3 Countries
Federation Internationale de Football Association (FIFA -International Federation of Association
Football) announced that the FIFA World Cup 2026 will be jointly hosted by the United States (US),
Canada, and Mexico.
✓ Los Angeles (US), Toronto (Canada) and Mexico City (Mexico) are among the host cities for the
tournament.
✓ For the first time in the history of FIFA world Cup the event will be hosted by 3 countries. Japan
and South Korea jointly hosted the 2002 World Cup.
FIFA has selected 16 cities from these countries through a bid. The 16 selected cities are: US– Seattle,
San Francisco, Los Angeles, Kansas City, Dallas, Atlanta, Houston, Boston, Philadelphia, Miami and New
York/New Jersey; Mexico– Mexico City, Guadalajara and Monterrey; Canada– Vancouver and Toronto.

Indian Football Captain Sunil Chhetri becomes 5th Highest Goalscorer; Equals Ferenc Puskás
Indian Men’s football team captain Sunil Chhetri scored his 84th International goal against Hong Kong
during the Asian Football Confederation (AFC) Asian Cup 2023 Qualifiers.
✓ He has equalled the record of Real Madrid and Hungarian Football Legend Ferenc Puskás and
became the joint fifth highest goalscorer in international football.
✓ Sunil Chhetri scored 84 goals in 129 appearances while Ferenc Puskás (who died in 2006 aged 79)
scored 84 goals in 85 international matches.
Sunil Chhetri is the 3rd highest goal scorer in international football among active players, after Cristiano
Ronaldo with 117 goals and Lionel Messi with 86 goals. He is also the highest active goal scorer from
Asia and India.

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BOXING, WRESTLING & WEIGHTLIFTING


Gurunaidu Sanapathi Become India’s 1st weightlifter to Win Gold Medal:2022 IWF Youth
World Championships
16-year-old Gurunaidu Sanapathi, from Andhra Pradesh (AP), has won the gold medal at the 55 Kg Men
event at the 2022 IWF (International Weightlifting Federation) Youth World Championships,
held from 11th to 18th June 2022 in León, Mexico.He became the first Indian weightlifter to win a Gold
Medal at the IWF Youth World Championships.
✓ India’ ranked 5th in the medal tally at the event with 4 medals where the Indian athletes have
secured 1 gold medal, 2 silver medals and 1 bronze medal.
✓ Kazakhstan tops followed by Colombia and Turkey.
Medal winners from India:
Athlete Category Medal
Gurunaidu Sanapathi 55 Kg Men Gold
Vijay Prajapati 49 Kg Men Silver
Akansha Kishor Vyavhare 40 Kg Women Silver
Soumya Sunil Dalvi 45 Kg Women Bronze

Bolat Turlykhanov Cup 2022, Kazakhstan: India Secured 6 Gold Medals


India’s National champion Aman Sehrawat won the gold medal in the freestyle Men’s 57 Kg
category at the United World Wrestling (UWW)’s Bolat Turlykhanov Cup 2022 held in
Almaty, Kazakhstan from 2nd to 5th June 2022.Tokyo 2020 bronze medallist Bajrang Punia won
the bronze in Freestyle Men’s 65kg category.
✓ India has secured 12 medals. Women: 5 gold, 1 Silver and 2 bronze.
✓ 5 women’s gold were: Mansi Ahlawat (57kg); Sarita Mor (59kg); Sakshi Malik (62kg); Manisha
(65kg); and Divya Kakran (68kg).
Men’s Freestyle: 1 gold, 2 bronze and Men’s Greco-Roman: 1 bronze. Aman Sehrawat (57 kg) won one
men’s gold medal.

ARCHERY & SHOOTING


ISSF World Cup, Baku: India Finishes with Five Medals
The International Shooting Sport Federation (ISSF) World Cup 2022 was held in Baku,
Azerbaijan from 28th May 2022 to 7th June 2022.
✓ India won a total of five medals, with 2 gold, 3 silver, and holds 5th position in overall
championship.
✓ The Republic of Korea topped the medal tally with 5 Gold and 3 Bronze, followed by the United
States of America (USA) with 4 Gold, 3 Silver and 1 Bronze and France with 3 Gold, 2 Silver and 1
Bronze.
✓ Swapnil Kusale and Ashi Chouksey won gold 50m rifle 3 positions (3P) mixed team shooting
event defeating Ukraine’s Serhiy Kulish and Daria Tykhova.
Indian medal winners
Winners Category Medal
Swapnil Kusale and 50m rifle 3 positions (3P) Gold
Ashi Chouksey mixed team shooting
Elavenil Valarivan, Women’s team’s 10m air rifle Gold
Ramita and gold
Shreya Agrawal

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Swapnil Kusale Individual men’s 50m rifle 3 Silver


positions
Anjum Moudgil Individual women’s 50m rifle Silver
3 positions
Swapnil Kusale, Men’s rifle 3 positions team Silver
Deepak Kumar and
Goldie Gurjar

OTHER SPORTS NEWS


4th Khelo India Youth Games 2021: Hosted and topped by Haryana
The 4th edition of Khelo India Youth Games (KIYG) 2021 was hosted by Haryana at the Tau
Devi Lal Stadium in Panchkula, Haryana from June 4-13 2022. It was inaugurated by the Union
Minister Amit Shah, Ministry of Home Affairs (MHA) in the presence of Haryana Chief Minister (CM)
Manohar Lal Khattar and Union Minister Anurag Thakur, Ministry of Youth Affairs and Sports (MoYAS),
among others.
✓ The sporting events were held in five different cities viz. Panchkula (Haryana), Shahabad
(Haryana), Ambala (Haryana), Chandigarh and Delhi.
✓ Haryana won the KIYG 2021 with 52 gold medals, followed by Maharashtra with 45
and Karnataka with 22. This was Haryana’s second KIYG title. It won the inaugural title in 2018.
The Top 5 Winners:
Ra State Gol Silve Bronze Total
nk d r
1 Haryana 52 39 46 137
2 Maharasht 45 40 40 125
ra
3 Karnataka 22 17 28 67
4 Manipur 19 4 5 28
5 Kerala 18 19 18 55
33 Meghalaya 0 0 1 1
Click here to read more

India Hosts Asian Track Cycling Championships (ATCC) 2022 ; Japan Tops Overall Medal Tally
India hosted the Asian Track Cycling Championships (ATCC) 2022 – 41st Senior, 28th Junior Asian &
10th Para Track Cycling Championships in New Delhi, Delhi. The event was organised by the Cycling
Federation of India (CFI) at the Indoor Cycling Velodrome of the Indira Gandhi Indoor Stadium in New
Delhi, Delhi.ATCC 2022 is a flagship event of the Asian Cycling Confederation (ACC).
✓ Indian cycling team concluded its season in fifth place with a total of 23 medals, including 2
Gold, 6 Silver, and 15 Bronze.
✓ Japan tops the medal tally with 18 gold, 7 silver, and 2 bronze medals (senior, junior, and para
combined) followed by South Korea and Kazakhstan.
✓ Ronaldo Singh became the first Indian cyclist to win silver in a continental championship in the
senior category of the Asian Track Cycling Championships (ATCC) 2022.
In the men’s senior 1 km (Kilometre) time trial, Indian cyclist Ronaldo Singh won India’s first-ever
international medal. It was India’s first-ever medal in the senior men’s 1km time trial event.

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Indian javelin ace Neeraj Chopra won Gold at Kuortane Games 2022, Finland
Indian javelin ace and Olympic Gold Medalist Neeraj Chopra has won the gold medal by winning the
Javelin throw event (86.69 meters) at the Kuortane Games 2022 in Kuortane, Finland. This marks the
first top podium finish of the season. He won the gold defeating reigning world champion Anderson
Peters of Grenada.
✓ Trinidad and Tobago’s Keshorn Walcott (86.64 meters), champion of the 2012 Olympics(London),
has secured 2nd place and Anderson Peters (84.75 meters) secured the 3rd.
Neeraj Chopra’s previous national record was 88.07 meters, set in Patiala in March 2021. He won the
Gold medal in the Tokyo Olympics with a throw of 87.58 meters on 7th August 2021.

2022 Norway Chess Blitz Tournament Won by GM Wesley So; GM Viswanathan Anand Secured
Fourth
On May 30 2022, The Filipino-American chess Grandmaster (GM) Wesley Barbossa So won the 10th
edition of the 2022 Norway Chess Blitz tournament held in Finansparken, Stavanger, Norway.
The Indian GM Viswanathan Anand defeated Norwegian GM Magnus Carlsen in round seven of the
blitz event and secured fourth position.
✓ The Norway Chess 2022 will take place between May 30 to June 10 2022. It consists of Blitz
tournament and Classical tournament. The first edition of the Norway Chess was held in 2013.
According to the FIDE (International Federation of Chess) Laws of Chess, the Blitz tournament was
played to decide the play order for the main tournament and the winner has the right to choose the
number in the table on his own.

Hockey: India Men’s Team & Uruguay Women’s Team won Inaugural Hero FIH Hockey5s
Lausanne 2022
Indian Men’s Hockey Team won the Inaugural men’s Champion of Hero FIH Hockey5s Lausanne
2022 defeating Poland in the finals. Uruguay women’s Hockey Team defeated the Switzerland team
and became the inaugural women’s champion.
Hero FIH Hockey5s Lausanne 2022, the 1st ever official senior World Hockey5s competition orgnised
by Fédération Internationale de Hockey FIH – International Hockey Federation). The event was held in
the centre of the Olympic Capital Lausanne, Switzerland on 4 and 5 June 2022.

TN CM MK Stalin Launches Logo & Mascot of 44th FIDE Chess Olympiad 2022
Tamil Nadu (TN) Chief Minister (CM) MK Stalin, launched the official logo and mascot
named ‘Thambi’ (which means younger brother in Tamil) for 44th International Chess Federation
(FIDE-Fédération Internationale des Échecs) Chess Olympiad which is scheduled to be held from 28th
July to 10th August 2022 in at Mamallapuram, Chennai, Tamil Nadu.
✓ The mascot Thambi is a knight dressed in the traditional Tamil attire Veshti (Dhoti) with a shirt.
The word “Chess Believe” is seen on the shirt of the mascot.
Farrukh Amonatov, the chess grandmaster (GM) of Tajikistan, won the inaugural (1st) Maharashtra
International Open Grandmaster chess tournament 2022 held in Pune, Maharashtra.

Norway Chess 2022: Carlsen, Indian GM R Praggnanandhaa, Viswanathan are winners


The 10th edition of the Norway Chess 2022 was held at Finansparken in Stavanger, Norway from 30th
May 2022 to 10th June 2022.
✓ Magnus Carlsen won the Armageddon against Bulgarian GrandMaster Veselin Topalov to keep
the title for the fourth successive year and for the fifth time in 10 editions.
✓ Indian Grand Master, top-seeded player R Praggnanandhaa wins Norway Chess Group
‘A’event with 7.5 points from nine rounds.

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Former world champion and first grandmaster from India, Viswanathan Anand won the final round
against Norwegian chess player Aryan Tari to place 3rd in the Norway Chess tournament. But he won
current world champion Magnus Carlsen in the fifth round of the tournament.

FIH World Ranking 2022; Indian Women hockey team ranked 6th; Men’s Team Ranked 4th
International Hockey Federation’s (FIH – Fédération Internationale de Hockey) World Rankings 2022
has ranked the Indian Women’s Hockey team, at the 6th position, for the first time, with 2029.396
points.
✓ The women’s ranking is topped by the Netherlands (Rank 1) followed by Argentina (rank 2) And
Australia (rank 3).
✓ Indian Men’s Hockey Team has slipped to the 4th rank in the FIH World Rankings 2022.
Australia (rank 1) tops the list followed by Belgium (rank 2) and The Netherlands (Rank 3). Click here
to access the 2022 FIH World Ranking
Following the approval of FIH Executive Board, the new World Ranking model took effect on 1st
January 2020.

Para Canoeist Prachi Yadav wins Bronze at 2022 ICF Paracanoe World Cup; Becomes 1st Indian
to win World Cup Medal
Indian Para Canoeist Prachi Yadav (from Gwalior, Madhya Pradesh) has won the bronze medal in the
women’s VL2 200m event at the 2022 ICF Paracanoe World Cup, held from 26th May to 29th May 2022
in Poznan, Poland.
✓ She has become the first-ever Indian to win a medal in the International Canoe Federation (ICF)
World Cup.
✓ Prachi Yadav was the first para-canoeist from India to qualify for the 2020 Tokyo Paralympics.
✓ She won the gold medal in VL2 200m at the 2022 Asian Canoe Confederation (ACC) Paracanoe
Asian Para Games Qualifiers held in Pattaya-Rayong, Thailand.
ICF has also organised the 2022 ICF Canoe Sprint World Cup from May 26 May -29, 2022 in Poznan,
Poland.

India won Bronze Medal at 2022 Men’s Asia Cup Hockey


India beat Japan and won the bronze medal at 2022 Hero Men’s Hockey Asia Cup, the quadrennial
international men’s field hockey championship of Asia. It was organised by the Asian Hockey Federation
(AHF).
✓ It is the 11th edition of Men’s Hockey Asia Cup which was held at the GBK Sports Complex in
Jakarta, Indonesia from May 23 – June 1,2022.
✓ South Korea won the gold in the 11th edition and grabbed its men’s Hockey Asia Cup title. South
Korea 5 times Gold Medallist (1994, 1999, 2009, 2013, 2022). Malaysia placed second and won the
silver medal.
India will host the 2023 Men’s FIH Hockey World Cup or 15th edition of the Men’s International
Hockey Federation (FIH) World Cup.

Formula One: Max Verstappen wins Azerbaijan GP to Become Red Bull’s Most Successful Driver
Red Bull’s Max Verstappen (Belgium) won the Azerbaijan Formula One Grand Prix 2022 held at
Baku, Azerbaijan to extend his Formula One (F1) championship lead over
Ferrari’s Charles Leclerc (Monaco).
✓ Red Bull racing driver Sergio Perez (Mexico) stood second in the pole position, followed by him
was the Mercedes racing driver George Russell (British). Lewis Hamilton (British) was named as
the Driver of the Day.

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Formula One championships are held by Federation Internationale de l’Automobile (FIA). FIA:
President- Mohammed Ben Sulayem; HQ – Paris, France.

Formula 1: Max Verstappen wins Canadian Grand Prix 2022


2021 Formula One World Champion and a red bull racer, Max Verstappen of the Netherlands has won
his 6th Formula One(F1) Canadian Grand Prix 2022 at Circuit Gilles Villeneuve in Montreal, Canada.
Verstappen has won the four of the previous five Grand Prix this season.
✓ This is Verstappen’s 1st Canadian victory in his 150th career start, and the 26th of his career.
✓ Carlos Sainz of Spain, Ferrari driver placed 2nd and Lewis Hamilton of United Kingdom, Mercedes
driver placed 3rd in the Canadian Grand Prix 2022.
Verstappen finished sixth in the 2020 Turkish Grand Prix and ninth in the 2021 Hungarian Grand Prix.

Rahul Srivatshav Becomes India’s 74th Grandmaster


The 19-year-old Rahul Srivatshav P of Telangana has become India’s 74th Grandmaster (GM) after
breaking the 2500 (Elo points) barrier in live International Chess Federation (FIDE) ratings during the
9th Cattolica Chess Festival 2022 in Italy.
✓ Rahul Srivatshav reached the 2500 Elo live rating mark after drawing his 8th round game against
Grandmaster Levan Pantsulaia in the Cattolica event.
✓ He had already secured 5 GM norms and achieved the title when he crossed the rating threshold of
2500.
✓ FIDE: President – Arkady Dvorkovich; Establishment – 1924; HQ – Lausanne, Switzerland

India’s Anahat Singh wins Asian Junior Squash title in U-15 category
Indian player Anahat Singh, 14-year-old, won the gold medal in the Girls Under-15 category at the 29th
Asian Junior Squash Individual Championships defeating Kwong Ena of Hong Kong 3-0 in the final. The
tournament was held in Pattaya, Thailand between 15 – 19 June 2022.
✓ Anahat reached the finals without dropping a single game in the tournament and had also defeated
Malaysian top seed Whitney Isabelle Wilson 3-0 in the semi-finals.
✓ She is the only Indian girl to win the US Junior Open in any category and the British Junior Open.

BOOKS & AUTHORS


BOOK NAME AUTHOR KEY NOTES
E-book on 8 Years Released by Dr Jitendra Dr Jitendra Singh, Union Minister of State (MoS),
Achievements of DoPPW Singh Ministry of Personnel, Public Grievances & Pensions
– 2014-2022” and “E- released 2 e-books titled “E-book on 8 Years
Book on 8 Years Achievements of DoPPW – 2014-2022” and “E-
Achievements of Book on 8 Years Achievements of Department of
Department of Administrative Reforms & Public Grievances
Administrative Reforms (DARPG)”, during the webinar on Administrative
& Public Grievances Reforms and Pension Reforms (2014-2022) in New
(DARPG) Delhi, Delhi.
The webinar chaired by MoS Jitendra Singh was
organised by the Department of Administrative
Reforms and Public Grievances (DARPG) and
Department of Pension & Pensioners’ Welfare
(DoPPW) under the Ministry of Personnel, Public
Grievances and Pensions.

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The Winning Formula Vinit Karnik Launched by: International Institute of Sports &
for Success Management (IISM), leading sports and Management
institute in India.
Published by: Popular Prakashan Pvt. Ltd.
✓ This is the first book in a series to be
launched as a part of a knowledge series.
The book was released by Bhagat Singh Koshiyari,
the Governor of Maharashtra in the presence of
Nilesh Kulkarni Founder & Director of IISM.
‘Loktantra ke Swar’ & Released by Dharmendra Released by: Dharmendra Pradhan, Union
‘The Republican Ethic’ Pradhan Minister, Ministry of Education (MoE); and Ministry
of Skill Development and Entrepreneurship (MSDE)
along with Anurag Singh Thakur Union Minister,
Ministry of Information and Broadcasting (MIB); and
Ministry of Youth Affairs and Sports (MoYAS).
Published by: Publication Division of the MIB,
Government of India.
✓ The books are a compilation of selected
speeches of Ram Nath Kovind, the President
of India. “Loktantra Ke Swar” Khand 4 in
Hindi and “The Republican Ethic” (volume
4) in English.
This is the 4th volume of the series, featuring the 4th
year of the presidency of Ram Nath Kovind.
Gautam Adani: The Man RN Bhaskar, a business Published by: Penguin Business Imprint, part of
Who Changed India journalist Penguin Random House India.
✓ It is a biography of Gautam Adani, Founder &
Chairman of Adani Group.
RN Bhaskar is the author of “Game India: Seven
strategies that could steer India to wealth” (2019).

OBITUARY
NATIONAL
PERSON NAME FIELD BORN PLACE KEY NOTES
Pandit Bhajan Lal Santoor Maestro Sopore in Kashmir Passed away. He often referred to as the
Sopori and Padma Shri Valley ‘saint of santoor’ and ‘king of strings’
awardee for his mastery over the instrument. He
was born in Sopore in Kashmir Valley in
1948 and belonged to the Sufiana gharana
of Indian classical music.
✓ He received Padma Shri in 2004
(Art-Music-Instrumental), the
Sangeet Natak Akademi Award in
1992, and the Jammu and
Kashmir State Lifetime
Achievement Award.

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The Indian Postal Department honoured


Bhajan Sopori with a Rs 5 stamp in 2011
as a special tribute for his exceptional
work in the world of art and culture.
Venkataraman Former chairman Tamil Nadu Passed away at the age of 97 in Chennai.
Krishnamurthy of steel Public He was born in a Karuveli village of
Sector Unit (PSU) Tiruvarur district of Tamil Nadu.
SAIL and Maruti ✓ Krishnamurthy was chairman of
Udyog Ltd SAIL from 1985 to 1990 and was
known as the father of PSUs in
India.
✓ He was a member of the National
Advisory Council from 2004-
2008, also a Member of the
Planning Commission and
Secretary to the Government of
India (GOI) in the Ministry of
Industry.
Under civil services category, he
received Padma Shri (1973), Padma
Bhushan (1986), and Padma Vibhushan
(2007). Japan also awarded him with its
highest civilian honour ‘The Grand
Cordon of the Order of the Rising Sun’ in
2009 for his contribution towards the
promotion of bilateral economic relations
between India and Japan and had earned
a reputation of a ‘Turnaround Man’
Pallonji Shapoorji Indian-born Irish Maharashtra An Indian-born Irish billionaire Pallonji
Mistry (nicknamed - billionaire Shapoorji Mistry (nicknamed -
“Phantom of Bombay “Phantom of Bombay House”), a 93-year-
House”) old industrialist and chairman of
Shapoorji Pallonji group passed away in
Mumbai, Maharashtra. He was born in
Bombay (Mumbai), Maharashtra and was
a member of Parsi community in Bombay.
✓ He was awarded the Padma
Bhushan in 2016 for his
contributions in the field of trade
and industry.
✓ A short biography of Mistry
titled The Moguls of Real
Estate was written by Manoj
Namburu.
His son, Cyrus Mistry, was chairman of
Tata Sons from November 2011 to
October 2016.

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Varinder Singh Indian hockey Punjab Passed away in Jalandhar, Punjab. He was
Olympic medalist born on 16th May 1947 in Jalandhar,
and World Punjab (then British Raj), India.
Championship ✓ Varinder Singh was part of the
medalist bronze medal-winning Indian
men’s hockey team at the 1972
Munich Olympics and was an
integral member of India’s
dominant hockey team in the
1970s.
✓ His achievements also include a
Gold medal at the 1975 Men’s
Hockey World Cup in Kuala
Lumpur, Malaysia which is noted
to be the only Gold medal in the
World Cup Championship.
He was conferred with the
prestigious Dhyan Chand Lifetime
Achievement Award in 2007.
Chowalloor Noted lyricist, Kerala Passed away at the age of 86 in Thrissur,
Krishnankutty author and Kerala. He was born on July 11, 1936, at
journalist Variyath, Chowalloor in Thrissur of
Kerala.
He won the Kerala Sangeetha Nataka
Akademi and Kerala Sahitya Akademi
awards, Krishnankutty and also served
as the vice-chairman of the Kerala
Kalamandalam

INTERNATIONAL
PERSON NAME FIELD BORN PLACE KEY NOTES
Gopi Chand Narang A distinguished 91- Dukki, Passed away at Charlotte in North Carolina,
year-old Urdu present-day United States.
scholar, an Indian Balochistan, ✓ He was born in Dukki, present-day
theorist, and Linguist Pakistan Balochistan, Pakistan and was
Professor Professor Emeritus at the
University of Delhi and
Jamia Millia Islamia. He is the only
Urdu writer honoured by the
presidents of both India and
Pakistan.
✓ Gopi Chand Narang has received
the title of Padma Bhushan (2004)
for Literature & Education
and Padma Shri (1990) for
Literature & Education in India and
received the Sahitya Akademi
Award in 1995.

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✓ In 2012, he was conferred with


Sitara-i-Imtiaz (Star of
Excellence) in Pakistan.
Few Famous books – Ghalib,
Hindostaan Ke Urdu
Musanafeen Aur Shora, Kaghaz-e-
Aatish Zada, Jadeediyat Ke Baad, Kulliyat-
e-Hindavi Ameer Khusro.

IMPORTANT DAYS
OBSERVED DATE / WEEK DAYS KEY NOTES
May 25 to 31, 2022 International Week of Annually observed across the globe from May
Solidarity with the 25 – 31. It is an International Day recognized
People of Non-Self- by the UN.
Governing Territories Purpose: to highlight the efforts to safeguard
and guarantee the rights of the peoples of the
Non-Self-Governing Territories to their natural
resources, including land.
✓ The first-ever International Week of
Solidarity with the People of Non-Self-
Governing Territories was observed
in 2000, from 25th May to 31st May
2000.
✓ The UN charter defines a Non-Self-
Governing Territory as a Territory
whose people have not yet attained a
full measure of self-government.
Click here to read more about International
Week of Solidarity with the People of Non-Self-
Governing Territories
May 29, 2022 International Everest Annually observed across the globe on May
Day 29.
Purpose: to commemorate the first summit of
Mount Everest by Sir Edmund Hillary of New
Zealand and Tenzing Norgay, a Nepali-Indian
Sherpa mountaineer on 29th May 1953.
✓ The duo Edmund Hillary and Tenzing
Norgay climbed Mount Everest (8848
metres /29,028 feet) successfully on
Tenzing’s birthday, 29th May 1953.
They were a part of the 9th British
expedition to Everest, led by John Hunt.
✓ Everest was named after Sir George
Everest, the first land surveyor of
British India.
✓ The Everest’s Tibetan name is
Chomolungma (means Mother Goddess

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of the World) and Nepali Name is


Sagarmatha
Click here to read more about International
Everest Day
May 29, 2022 World Digestive Annually observed across the globe on May 29.
Health Day Purpose: to highlight the importance of
digestive health and create awareness about
digestive disorders and diseases and promote
the prevention, prevalence, diagnosis,
management and treatment of the disease.
✓ The day also marks the anniversary of
the World Gastroenterology
Organization (WGO) foundation.
✓ The theme of World Digestive Health
Day 2022 is “Colorectal Cancer
Prevention: Getting Back on Track”.
✓ World Digestive Health Day came into
existence in 2004 on the 45th
anniversary of the World
Gastroenterology Organization (WGO)
foundation.
✓ WGO: President– Professor Guilherme
Macedo (Portugal); HQ– Milwaukee,
Wisconsin, USA.
Click here to read more about World Digestive
Health Day
May 31, 2022 World No Tobacco Day Annually observed across the globe on May
31.
Purpose: to create awareness about the
harmful effects of using tobacco and inform the
public about the dangers of tobacco use and the
business practices of tobacco companies.
The observance of World No Tobacco Day is led
by the World Health Organisation (WHO).
✓ The theme of World No Tobacco Day
(WNTD) 2022 is “Tobacco: Threat to
our environment”.
✓ To mark the observance of WNTD 2022,
the United Nations Environment
Programme (UNEP) and WHO have
renewed their collaboration to raise
awareness of the tobacco industry’s
contribution to the triple planetary
crisis.
✓ This collaboration also contributes to
the 2022 World Environment Day
theme #OnlyOneEarth.
Click here to read more about WNTD

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June 1, 2022 Global Day of Parents Annually observed across the globe on June
01. It is an International Day recognized by the
UN.
Purpose: to honour and appreciate the parents
across the globe and to create awareness about
the importance of quality parenting and family
life in every child’s upbringing.
✓ The theme of Global Day of Parents
2022 is “Appreciate All Parents
Throughout the World”.
✓ The first ever Global Day of Parents
was observed on 1st June 2013.
✓ Global Day of Parents offers a platform
to appreciate all parents for their
“selfless commitment to children and
their lifelong sacrifice towards
nurturing this relationship”.
Click here to read more about Global Day of
Parents
June 1, 2022 World Milk Day Annually observed across the globe on June
01.
Purpose: to recognize milk as global food and
to celebrate the dairy industry.
✓ The day aims to create awareness about
the benefits of milk and dairy products
highlighting the contribution of Dairy
industries in providing livelihood to
billions of people across the globe.
✓ The annual observance of World Milk
Day is led by the Food and Agriculture
Organization (FAO) of the UN.
✓ The theme of World Milk Day 2022
highlights the work being done to
accelerate climate action and help
reduce the impact of the dairy industry
on the planet.
✓ The World Milk Day offers a platform to
create awareness of the messaging and
actions towards Dairy Net-Zero.
Click here to read more about World Milk Day
June 2, 2022 International Sex Annually observed across the globe on June
Workers Day 02.
Purpose: to recognise the exploited working
conditions of the sex workers and honour the
sex workers who are the victims of cruelty and
violence.
✓ The International Sex Workers Day
observance is annually led by the Global
Network of Sex Work Projects (NSWP).

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✓ Every year, NSWP observes


International Sex Workers’ Day with a
focus on the theme of “Access to
Justice”.
✓ Around 100 sex workers occupied the
Saint Nizier Church in Lyon, France
on 2nd June 1975, to protest against
the criminalisation of sex work and to
express their anger about their
exploitative living conditions.
The Consensus Statement of NSWP details 8
fundamental rights that sex worker-led groups
from around the world identify as crucial
targets for their activism and advocacy.
June 3, 2022 World Bicycle Day Annually observed across the globe on June
03.
Purpose: to create awareness about the social,
economic and environmental benefits of
cycling.
✓ The first UN-designated World Bicycle
Day was observed on 3rd June 2018.
✓ The World Cycling Alliance (WCA) and
the European Cyclists’ Federation (ECF)
have campaigned for the UN-designated
World Bicycle Day since 2016.
On 3rd June 2022, The Ministry of Youth Affairs
and Sports organised World Bicycle Day 2022
as a part of the celebration of
Azadi ka Amrit Mahotsav-India@75. Click here
to read more about World Bicycle Day
June 4, 2022 International Day of Annually observed across the globe on June
Innocent Children 04. It is an International Day recognized by the
Victims of Aggression United Nations (UN).
Purpose: to recognise and acknowledge the
pain suffered by children across the globe, who
were the victims of physical, mental and
emotional abuse.
✓ The day focuses on the victims of the
1982 Lebanon War and remembers the
innocent Palestinian and Lebanese
children victims of Israel’s acts of
aggression.
✓ The first-ever International Day of
Innocent Children Victims of Aggression
was observed on 4th June 1983.
✓ The convention on the Rights of the
Child guides the work of the UN toward
the protection of children’s rights. This

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is the most rapidly and widely ratified


international human rights treaty.
Click here to read more about International Day
of Innocent Children Victims of Aggression
June 5, 2022 World Environment Annually observed across the globe on June
Day 05. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
importance of protecting the environment.
✓ The annual observance of World
Environment Day has been led by the
United Nations Environment
Programme (UNEP) since 1973. 2022
also marks the 50th year of the
establishment of the UNEP.
✓ The theme of World Environment Day
2022 is Only One Earth. “Only One
Earth” was the slogan for the first UN
Conference on the Human Environment,
held in Stockholm, Sweden in 1972.
✓ On the occasion of World Environment
Day, the Ministry of Housing & Urban
Affairs (MoHUA) launched the “Clean
and Green” campaign under which the
States and Union territories and Urban
Local Bodies across India will
participate to make India free of single-
use plastic.
✓ UNEP: Executive-Director– Inger
Andersen; Incepted in 1972;
HQ- Nairobi, Kenya
Click here to read more about World
Environment Day
June 5, 2022 International Day for Annually observed across the globe on June
the Fight against 05. It is an International Day recognized by the
Illegal, Unreported and United Nations (UN).
Unregulated Fishing Purpose: to highlight Fish as one of the
important commodities for achieving food
security.
✓ The Day provides a platform to address
issues like illegal, unreported and
unregulated (IUU) fishing activities,
that comprise the efforts of the
international communities to ensure
the sustainability of fisheries
✓ 5th June 2022 marks the observance of
the 5th International Day for the
Fight against Illegal, Unreported and
Unregulated Fishing.

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✓ The celebration of the International


Year of Artisanal Fisheries and
Aquaculture 2022 (IYAFA 2022) is led
by the FAO in collaboration with other
relevant organizations and bodies of the
United Nations system.
✓ Target 14.4 of the Sustainable
Development Goal (SDG) 14: (Life
below Water) aims to end overfishing,
illegal, unregulated and unreported
fishing and destructive fishing practices.
FAO: Director-General- QU Dongyu; HQ–
Rome, Italy Click here to read more
June 5 to 11, 2022 World Allergy Week Annually observed across the globe from June
5th to 11th June 2022.
Purpose: to create awareness about allergic
diseases and related disorders.
✓ World Allergy Week is an annual
observance initiated by the World
Allergy Organisation (WAO).
✓ In 2021, it was observed from 13th to
19th June 2021 & in 2020, it was
observed from 28th June to 4th July
2020
✓ The theme of World Allergy Week 2022
is “Breathe Better: The Asthma &
Allergy Connections”, which highlights
that breathing better starts with
understanding the connection between
asthma and allergy.
World Allergy Congress (WAC) 2022 will be
held in Istanbul, Turkey, October 13-15, 2022.
June 6, 2022 World Pest Day Annually observed across the globe on June
06. It is also known as World Pest Awareness
Day.
Purpose: to create awareness about the need
for pest management and the role of pest
management organisations in protecting public
health.
✓ World Pest Day was initiated by the
Chinese Pest Control Association, and
co-sponsored by the Federation of
Asian and Oceania Pest Managers’
Association (FAOPMA), the National
Pest Management Association (NPMA),
and the Confederation of European Pest
Management Associations (CEPA).

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The ceremony of the first-ever World Pest Day


was held at the Beijing Hotel on 6th June 2017.
Click here to read more
June 6, 2022 UN Russian Language Annually observed across the globe on June
Day 06. It is also known as World Pest Awareness
Day.
Purpose: to create awareness about the history,
culture and development of the Russian
language. The day also aims to celebrate
cultural diversity and multilingualism.
✓ 6th June marks the birth anniversary of
Russian
poet Aleksandr Sergeev Pushkin (A.S.
Pushkin), the sun of Russian poetry,
and the founder of the modern Russian
literature.
✓ A.S. Pushkin was born on 26th May
1799(Julian calendar) which falls on 6th
✓ June in the Georgian calendar, in
Moscow, Russia. Every year, Russia
celebrates June 6th as “Pushkin Day”.
Russian is called an “International Language of
Space” and astronauts need to learn the
language on the International Space Station
(ISS). English and Russian are the official
languages of ISS. Click here to read more
June 7, 2022 World Food Safety Day Annually observed across the globe on June
07. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
importance of improving food safety.
✓ The annual observance of the World
Food Safety Day is jointly led by the
World Health Organization (WHO) and
the Food and Agriculture Organization
of the United Nations (FAO).
✓ The theme of World Food Safety Day
2022 is “Safer food, better
health”. The 2022 theme highlights the
vital role of safe, nutritional food in
human health.
✓ The World Food Safety Day 2022 is
observed under the slogan “Food
safety, everyone’s business”.
Click here to read more about World Food
Safety Day
June 8, 2022 World Oceans Day Annually observed across the globe on June
08. It is an International Day recognized by the
United Nations (UN).

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Purpose: to create awareness about the


importance of the Oceans as the major source
of food and medicine and a critical part of the
biosphere.
✓ The World Ocean Network has been
instrumental in building support for
ocean awareness events on World
Oceans Day. It is sponsored by the
United Nations Educational, Scientific
and Cultural Organization (UNESCO)’s
Intergovernmental Oceanographic
Commission (IOC).
✓ The theme of World Oceans Day 2022
is “Revitalization: collective action
for the ocean”.
The year 2022 also marks the celebration of the
UN Ocean Conference and the UN Decade of
Ocean Science for Sustainable Development
2021 – 2030. Click here to read more about
World Ocean Day
June 8, 2022 World Brain Tumour Annually observed across the globe on June
Day 08.
Purpose: to create awareness about brain
tumours, abnormal growth or mass of cells in
or around your brain. Brain Tumours can be
malignant (cancerous) or benign
(noncancerous).
✓ The theme for World Brain Tumour Day
2022 is “Together We Are Stronger”.
✓ The month of May is annually observed
as the Brain Tumor Awareness
Month, dedicated to supporting,
empowering, and amplifying the voice
of the brain tumour community. Click
here to read more World Brain Tumour
Day

June 9, 2022 World Accreditation Annually observed across the globe on June 09.
Day Purpose: to promote the value of accreditation
in the economy.
✓ 9th June 2022 marks
the 15th anniversary of World
Accreditation Day
✓ The theme of World Accreditation Day
2022(WAD 2022) is “Accreditation:
Sustainability in Economic Growth
and the Environment”. The poster was
created by Punyasorn Lumjuan.

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It focuses on “how accreditation supports


several Sustainable Development Goals (SDGs)
of the United Nations (UN). Click here to read
more
June 9, 2022 International Level A global initiative observed on June 09.
Crossing Awareness Purpose: to create awareness about level
Day crossing safety.
✓ Since 2009, The annual ILCAD campaign
is spearheaded by the Union
Internationale des Chemins de fer (UIC
International union of railways).
✓ 9th June 2022 marks the observance of
the 14th International Level Crossing
Awareness Day ILCAD).
✓ The motto/slogan of 2022 ILCAD
is “Don’t put your life at risk, stay
away from tracks!”.
The year 2022 focus is “Vulnerable People”.
Click here to read more
June 12, 2022 World Day Against Annually observed across the globe on June
Child Labour 12. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
harmful effects of child labour on individuals.
✓ The theme of World Day Against Child
Labour 2022 is “Universal Social
Protection to End Child Labour”.
✓ Week of Action against Child Labour,
from 3rd to 12th June 2022 has been
marked as a part of the celebration of
the World Day Against Child Labour.
The joint report of ILO and United Nations
Children’s Fund (UNICEF) titled “The role of
social protection in the elimination of child
labour: Evidence review and policy
implications” was released at the 5th Global
Conference on the Elimination of Child
Labour hosted by South Africa in May 2022.
Click here to read more.
June 13, 2022 International Albinism Annually observed across the globe on June
Awareness Day 13. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about albinism
and to highlight the human rights of the people
with albinism.
✓ Albinism is a group of genetically
inherited disorders where there is little
or no production of the melanin
pigments.

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✓ The theme of International Albinism


Awareness Day 2022 is “United in
making our voice heard”. It focusses
on including the voices of persons with
albinism is essential to ensure equality
#Inclusion4equality.
The first-ever International Albinism
Awareness Day was observed on 13th June
2015. Click here to read more.
June 14, 2022 World Blood Donor Annually observed across the globe on June
Day 14.
Purpose: to create awareness about the
importance of blood donation and to promote
voluntary, non-remunerated blood donation.
✓ The day also aims to create awareness
about the need for safe blood and blood
products like Red blood cells (RBCs),
Fresh frozen plasma, White blood cells
(WBCs), Immune globulins, etc.
✓ The observance of World Blood Donor
Day (WBDD) is led by the World Health
Organisation (WHO).
✓ The theme/slogan of WBDD 2022
is “Donating blood is an act of
solidarity. Join the effort and save
lives”.
The WBDD 2022 is hosted by Mexico through
its National Blood Centre, which will be held in
Mexico City on 14 June 2022. Click here to read
more.
June 15, 2022 World Elder Abuse Annually observed across the globe on June
Awareness Day 15. It is an International Day recognized by the
United Nations (UN).
Purpose: to provide a platform to offer a better
understanding about the abuse and neglect of
older persons.
✓ The 2022 World Elder Abuse
Awareness Day (WEAAD) focus
on “Combatting Elder Abuse”.
✓ International Network for the
Prevention of Elder Abuse (INPEA)
initiated and designated the 15th June
as World Elder Abuse Awareness Day
in 2006.
The year 2022 coincides with the United
Nations Decade of Healthy Ageing (2021-2030)
& also marks the 20th milestone of the Second
World Assembly on Ageing and the fourth
review and appraisal of the implementation of

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the Madrid International Plan of Action on


Ageing (MIPAA). Click here to read more about
WEAAD
June 15, 2022 Global Wind Day Annually observed across the globe on June
15.
Purpose: to provide a platform to discover
wind energy, its power and the possibilities in
shaping the energy system.
✓ The day is annually organised by
WindEurope (European Wind Energy
Association – EWEA) and Global Wind
Energy Council (GWEC). GWEC: CEO–
Ben Backwell; HQ– Brussels, Belgium.
✓ In India, the observance of Wind Day
2022 also marks the celebration of the
Silver Jubilee (25th year of
establishment) of the National
Institute of Wind Energy (NIWE).
The Government of India has set a target of 500
Gigawatts (GW) of non-fossil fuel-based electric
power capacity to be commissioned by 2030.
Click here to read more
June 16, 2022 International Day of Annually observed across the globe on June
Family Remittances 16. It is an International Day recognized by the
United Nations (UN).
Purpose: to recognise more than 200 million
migrant workers across the globe who send
money home to more than 800 million family
members.
✓ International Day of Family
Remittances (IDFR), a universally
recognized observance adopted by the
Governing Council of the International
Fund for Agricultural Development
(IFAD).
✓ As a part of the IDFR’s biannual
campaign 2021-2022 “Recovery and
Resilience Through Digital and
Financial Inclusion”, IFAD has
organised various in-person events.
SDG 10.c commits, by 2030, to reduce to less
than 3 per cent the transaction costs of migrant
remittances and eliminate remittance corridors
with costs higher than 5%. Click here to read
more.
June 16, 2022 World Sea Turtle Day Annually observed across the globe on June 16.
Purpose: to create awareness about the sea
turtles and their conservation.

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✓ June 16, also marks the birth


anniversary of Dr Archie Carr, the
founding scientific director of Sea Turtle
Conservancy (STC). Dr Archie Carr is
known as the “father of sea turtle
biology.”
✓ Sea Turtle Week, a week-long
celebration of the conservation is
centred around World Sea Turtle Day
(June 16).
✓ There are 7 different species of sea
turtles in the ocean waters from the
Indian Ocean to the Eastern pacific.
The efforts of the World Wide Fund for Nature
(WWF) toward sea turtles focus on 5 species
among them: Hawksbill Turtle (Critically
Endangered), Loggerhead Turtle (Vulnerable),
Leatherback Turtle (Vulnerable), Green Turtle
(Endangered), and Olive Ridley Turtle
(Vulnerable).
June 17, 2022 World Day to Combat Annually celebrated across the globe on June
Desertification and 17. It is an International Day recognized by the
Drought United Nations (UN).
Purpose: to create awareness about Drought,
one of the most destructive natural disasters in
terms of loss of life, arising from impacts like
wide scale crop failure, wildfire and water
stress.
✓ The theme of World Day to Combat
Desertification and Drought 2022
is “Rising up from drought together”.
✓ The global observance of the
Desertification and Drought Day (DDD)
2022 is hosted by the Government of
Spain. The events will take place in
Madrid, Spain.
✓ In 1994, the UN General Assembly
established the United Nations
Convention to Combat Desertification
(UNCCD).
UNCCD: Executive Secretary– Ibrahim Thiaw;
HQ– Bonn, Germany. Click here to read more.
June 17, 2022 Northern Command of The Northern Command of the Indian Army
the Indian Army celebrated its 51st Raising Day at its
celebrated its 51st headquarters in Udhampur district, Jammu and
Raising Day Kashmir(J&K).
✓ General Officer Commanding-in-Chief,
Northern Command, Lt Gen Upendra
Dwivedi encouraged all the ranks to

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dedicate themselves to safeguarding


national integrity and to perform their
duties with fortitude, dedication and
professionalism.
The Northern Command, raised on 17th June
1972, has been at the forefront of India’s effort
to counter security challenges posed by
terrorism and externally sponsored proxy war
in Jammu and Kashmir.
June 18, 2022 Sustainable Annually celebrated across the world on June
Gastronomy Day 18.
Purpose: to raise public awareness of
gastronomy’s role in sustainable development.
✓ Sustainable Gastronomy refers to
cuisine that considers where the
ingredients come from, how the food is
cultivated, and how it gets to our
markets and, ultimately, our plates.
✓ The United Nations Educational,
Scientific and Cultural Organization
(UNESCO) and the Food and Agriculture
Organization (FAO) and the UN General
Assembly work to facilitate the
observance of Sustainable Gastronomy
Day.
In 2019, the UNESCO Creative Cities Network
(UCCN) designated Hyderabad, Telangana, as a
UCCN city in the gastronomy category.
June 18, 2022 UN’s First The UN has observed the first ever annual
International Day for International Day for Countering Hate Speech
Countering Hate on 18th June 2022.
Speech Purpose: to highlight the exponential spread
and proliferation of hate speech across the
globe.
✓ International Day of Countering Hate
Speech is an initiative that builds on the
UN Strategy and Plan of Action on Hate
Speech launched on 18th June 2019.
✓ On 20 June 2022, Abdulla Shahid,
President of the UNGA, held an informal
high-level event to commemorate the
first International Day for Countering
Hate Speech.
On 17th June 2022, the Kingdom of Morocco
and the United Nations Office on Genocide
Prevention organised a High-Level Event
Commemorating the first International Day for
Countering Hate Speech with the theme “Role
of education to address the root causes of

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hate speech and advance inclusion, non-


discrimination, and peace”. Click here to read
more.
June 19, 2022 International Day for Annually observed across the globe on June
the Elimination of 19. It is an International Day recognized by the
Sexual Violence in United Nations (UN).
Conflict Purpose: to create awareness about the
conflict-related sexual violence.
✓ 19th June 2022 marks the observance
of the 8th official International Day for
the Elimination of Sexual Violence in
Conflict.
✓ As part of this day, an event
on “Prevention as Protection:
Enhancing structural and
operational prevention of conflict-
related sexual violence” was
organised.
Office of the Special Representative of the
Secretary-General on Sexual Violence in
Conflict (SRSG-SVC) serves as the UN
spokesperson and political advocate on
conflict-related sexual violence. Its Special
Representative– Pramila Patten. Click here to
read more
June 19, 2022 National Reading Day Annually observed across India on June 19.
Purpose: to encourage the habit and culture of
reading and to promote literacy.
✓ The National Reading Day on 19th
June also marks the death
anniversary of Puthuvayil Narayana
Panicker (PN Panicker), who is
considered as the Father of Kerala’s
Library and Literacy Movement
(Library Movement).
✓ P N Panicker National Reading/ Digital
Reading Month is celebrated across
India from 19th June 2022 to 18th
July 2022.
✓ PN Panicker, born on 1st March 1909 in
Alappuzha, Kerala, has contributed to
the literacy movement in Kerala.
India’s first 100% literate city, Kottayam, and
first 100% literate district, Ernakulam, were
from Kerala. Kerala also became the first state
to attain 100% primary education.
June 19, 2022 World Sickle Cell Day Annually observed across the globe on June
19. World Sickle Cell Day is also known as
“World Sickle Cell Awareness Day”

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Purpose: to create awareness of sickle cell


disease and the challenges experienced by
people with sickle cell diseases.
✓ Shine the Light on Sickle Cell is a
national awareness campaign to
celebrate World Sickle Cell Day.
A sickle cell is a red blood cell that has
contorted into a sickle shape. Sickle-cell
anaemia, also known as a Sickle-Cell
Disorder or Sickle-Cell Disease (SCD), is
a group of inherited disorders that
cause red blood cells to become sickle
instead of normal biconcave shape.
Sickle-cell anaemia is particularly common
among people whose ancestors come from sub-
Saharan Africa, India, Saudi Arabia and
Mediterranean countries.
June 20, 2022 World Refugee Day Annually observed across the globe on June
20. It is an International Day recognized by the
United Nations (UN).
Purpose: to honour refugees around the world
and to create awareness and sensitivity
towards the people who have been displaced
due to war, persecution, political turmoil or
violence.
✓ The theme of World Refugee Day 2022
is “The Right to Seek Safety”.
✓ World Refugee Day 2022 focuses
on “Whoever. Wherever. Whenever.
Everyone has the right to seek
safety”.
To create global movement of solidarity with
refugees, The United Nations High
Commissioner for Refugees (UNHCR), the UN
Refugee Agency, launched a special campaign
and asked everyone to share their photos with
solidarity ribbon to show that they stand
#WithRefugees around the world. Click here to
read more
June 21, 2022 World Music Day Annually celebrated across the globe on June
21.
Purpose: to encourage young and talented
musicians across the globe.
✓ World Music Day is also known as “Fête
de la Musique” which means “Festival of
Music” in French.
✓ The year 2022 marks the 40th
anniversary of the celebration of “Fête
de la Musique”.

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✓ The theme of World Music Day 2022


is “Music on the intersections”.
✓ On the occasion of World Music Day
2022, the Sangeet Natak Akademi
presented Jyotirgamaya, a festival to
showcase the talents of rare musical
instruments from across India.
The event organised by the Ministry for Culture
& Ministry of Tourism is being held from 21st
to 25th June 2022. Click here to read more.
June 21, 2022 International Day of Annually observed across the globe on June 21.
Yoga It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
importance of Yoga and promote the benefits of
practising yoga.
The theme of International Day of Yoga (IDY)
2022 is “Yoga for Humanity”.
✓ 21st June 2022 marks the observance
of the 8th International Day of Yoga.
The first ever International Day of Yoga
was observed at the United Nations
on 21st June 2015.
✓ As a part of the International Day of
Yoga 2022, the Permanent Mission of
India to the UN is showcasing “The
World of Yoga” exhibition at the UN
Delegates’ Entrance from 21st June
2022 to 1st July 2022.
On the occasion of the 8th IDY, PM Narendra
Modi participated in the Mass yoga
Demonstration at Mysore Palace ground,
Mysuru, Karnataka. Click here to read more.
June 21, 2022 World Hydrography Annually observed across the globe on June 21.
Day Purpose: to create awareness about
Hydrography and its importance in improving
knowledge of the seas and oceans.
✓ World Hydrography Day 2022 theme:
“Hydrography – contributing to the
United Nations Ocean Decade”.
✓ World Hydrography Day was approved
and implemented as an annual
celebration by the International
Hydrographic Organization (IHO). IHO
has been celebrating
World Hydrography Day since 2005.
✓ June 21 is chosen as the World
Hydrography Day since the date marks
the anniversary of the establishment

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of IHO under the name “International


Hydrographic Bureau”.
IHO: Secretary-General– Dr Mathias Jonas
(Germany); HQ– Monaco
June 21, 2022 International Day of Annually celebrated across the globe on June
the Celebration of the 21. It is an International Day recognized by the
Solstice United Nations (UN).
Purpose: to create awareness about the
importance and significance of the solstice in
various religions and ethnic cultures across the
globe.
✓ Solstice is the seasonal movement of the
sun’s daily path, seen from earth,
appears to be still at a northern or
southern limit before reversing
direction.
✓ The event occurs twice a year, Summer
Solstice, around June 21, this marks the
first day of summer and the longest day
of the year (It usually occurs in the
Northern Hemisphere) and Winter
Solstice, around December 21, the first
day of winter and the shortest day of
the year (It usually occurs in the
Northern Hemisphere).
The word equinox is derived from the Latin
words aequus (equal) and nox (night). This is
commonly referred to as the instant when the
centre of the visible Sun is directly above the
Equator. Click here to read more.
June 12 to 20, 2022 Elimination of Child The Elimination of Child Labour
Labour Week Week from 12th to 20th June 2022 is
celebrated in India.
Purpose: in the honour of World Day Against
Child Labour in the 75 places as part of Azadi
ka Amrit Mahotsav.
✓ The week is observed to focus on the
problem of child labour and find ways
to eradicate it.
✓ The day was celebrated by the National
Commission for Protection of Child
Rights (NCPCR).
NCPCR constituted by the Government of India
is a statutory body under section 3 of the
Commissions for Protection of Child Rights
(CPCR) Act, 2005.
June 23, 2022 International Olympic Annually observed across the world on 23rd
Day June.

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Purpose - To promote the Olympic Movement.


The day also celebrates the founding of the
International Olympic Committee (IOC) at the
Sorbonne, Paris, on 23rd June 1894, where the
Olympic games were revived by Baron Pierre
de Coubertin.
The theme of 2022 International Olympic Day is
“Together, For a Peaceful World” and it is
accompanied by #MoveForPeace and
#OlympicDay.
June 23, 2022 International Widows’ Annually observed across the globe on June
Day 23. It is an International Day recognized by the
United Nations (UN).
Purpose: to voice out the experiences of the
widows and to take action to provide the
support they need.
✓ The first ever International Widows’
Day was observed on 23rd June 2011.
✓ The day also offers a platform for action
towards achieving full rights and
recognition for widows.
✓ This includes information on access to a
fair share of their inheritance, land and
productive resources; pensions and
social protection; decent work and
equal pay; and education and training
opportunities.
Click here to read more.
June 23, 2022 United Nations Public Annually observed across the globe on 23rd
Service Day June.
Purpose: - To recognise the value and virtue of
the public service to the community. The day
also highlights the contribution of public
service toward development processes.
✓ United Nations Public Service Day 2022
is led by the 2022 theme of the UN high-
level political forum (HLPF) “Building
back better from COVID-19 – Enhancing
innovative partnerships to meet the
Sustainable Development Goal”.
✓ Liu Zhenmin, Under-Secretary-General,
UN Department of Economic and Social
Affairs (DESA) announced the winners
of the 2022 United Nations Public
Service Award (2022 UNPSA) during
the online event.
Mo Bus, a public transport bus service run
in Bhubaneswar, Odisha, operated by Capital
Region Urban Transport (CRUT), a Special

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Purpose Vehicle (SPV), formed under the


Housing and Urban Development Department
of the Government of Odisha has won the 2022
UNPSA.
June 25, 2022 Day of the Seafarer Annually observed across the globe on June
25. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
seafarers and the challenges they face.
✓ 25th June 2022 marks the observance
of the 12th Day of the Seafarer.
✓ The observance of the Day of the
Seafarer is led by the International
Maritime Organization (IMO), which is
a specialized agency of the UN
responsible for the safety and security
of shipping and the prevention of
marine and atmospheric pollution by
ships.
✓ Theme/Campaign theme of Day of the
Seafarer 2022 is “Your voyage – then
and now, share your journey”.
IMO: Secretary-General– Kitack Lim; HQ–
London, The United Kingdom (UK). Click here
to read more.
June 25, 2022 World Vitiligo Day Annually observed across the globe on June
25.
Purpose: to create awareness about vitiligo, a
long-term skin condition caused due to lack of
melanin.
✓ 25th June 2022 marks the observance
of the 12th annual World Vitiligo Day.
✓ The International theme for World
Vitiligo Day 2022 is ‘Learning To Live
With Vitiligo’.
✓ World Vitiligo Day (WVD) is also
known as ‘Vitiligo Awareness
Day’ or ‘Vitiligo Purple Fun Day’, as
purple is the official colour representing
the condition.
The first ever World Vitiligo Day was observed
on 25th June 2011 in memory of American
singer and songwriter late Michael Jackson
“the King of Pop” and his struggle with vitiligo.
June 26, 2022 International Day in Annually observed across the globe on June
Support of Victims of 26. It is an International Day recognized by the
Torture United Nations (UN).

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Purpose: to create awareness and remind


people that human torture is a crime against
humanity.
✓ Objective: The day was established
with a view to the total eradication of
torture and effective functioning of the
Convention against Torture and Other
Cruel, Inhuman or Degrading Treatment
or Punishment, which came into force
on June 26.
✓ At present, the convention has been
ratified by 162 countries.
UN Voluntary Fund for Victims of Torture is a
unique UN operation that offers direct help to
the victims of torture and their families. Click
here to read more.
June 26, 2022 International Day Annually observed across the globe on June
Against Drug Abuse 26. It is an International Day recognized by the
and Illicit Trafficking United Nations (UN).
Purpose: to strengthen the action and
cooperation to achieve the goal of a world free
of drug abuse.
International Day Against Drug Abuse and Illicit
Trafficking is also known as “World Drug Day”
(WDD).
✓ The theme of International Day Against
Drug Abuse and Illicit
Trafficking 2022 is “Addressing drug
challenges in health and
humanitarian crises”.
✓ United Nations Office on Drugs and
Crime (UNODC) is one of the key
organisations to take action against
drug use.
On the occasion of WDD 2022, (26th June
2022), Himachal Pradesh Chief Minister (CM)
Jairam Thakur launched the ‘Nasha Nahin,
Zindagi Chunne’ initiative in Shimla, Himachal
Pradesh. Click here to read more.
June 27, 2022 Micro-, Small and Annually observed across the globe on June
Medium-sized 27. It is an International Day recognized by the
Enterprises Day United Nations (UN).
Purpose: to create awareness about the
contribution of small businesses to job creation,
economic growth and thriving communities.
✓ 2022 also marks the 5th Anniversary of
MSME Day. The first ever MSME day
was observed on 27th June 2017.

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✓ The global celebration of MSME day is


led by the International Trade Centre
(ITC).
The Hybrid event of MSME Day 2022
(combining virtual and in-person
participation): under the theme “Resilience
and Rebuilding: MSMEs for Sustainable
Development at the forefront of building
back better and stronger from the impacts
of the COVID-19 pandemic, Climate crisis
and Conflicts” focuses on how purpose-driven
MSMEs and social entrepreneurship
contributes to inclusive growth. Click here to
read more.
June 28, 2022 National Insurance Annually observed in India on June 28.
Awareness Day Purpose: to create awareness about Insurance
which offers security in several situations and
to make people aware of the benefits of
investing in insurance plans.
✓ With the establishment of Oriental Life
Insurance Company in Calcutta in 1818,
India witnessed the emergence of the
life insurance business. The
Government of India (GoI) started
publishing returns of Insurance
Companies in India in 1914.
✓ The Indian Life Assurance Companies
Act, 1912 was enacted as the first
statute to regulate the life insurance
business.
Life Insurance Corporation (LIC) of India was
formed by an Act of Parliament (LIC Act, 1956),
with a capital contribution of Rs. 5 crores from
GoI. Click here to read more.
June 29, 2022 National Statistics Day Annually observed across India on June 29.
Purpose: to recognise the role and importance
of statistics in socio-economic planning and
policy formulation.
✓ 29th June 2022 marks the observance
of the 16th Statistics Day. The first
ever National Statistics Day was
celebrated on 29th June 2007.
✓ The day marks the celebration of the
birth anniversary of Professor(late)
Prasanta Chandra Mahalanobis (PC
Mahalanobis), known as the “Father of
Indian Statistics” and recognises his
notable contributions in the fields of
statistics and economic planning.

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✓ The theme of National Statistics Day


(Statistics Day) 2022 is “Data for
Sustainable Development”.
PC Mahalanobis was one of the members of the
first Planning Commission of India and well
known for founding the Indian Statistical
Institute (ISI) with a Statistical Laboratory set.
Click here to read more.
June 29, 2022 International Day of Annually observed across the globe on June
the Tropics 29. It is an International Day recognized by the
United Nations (UN).
Purpose: to create awareness about the
specific challenges faced by tropical areas and
to highlight the important role of the tropical
countries in achieving Sustainable
Development Goals (SDGs).
✓ The 29th June was chosen to honour the
anniversary of the launch of the 1st
edition of “State of the Tropics
Report” on 29th June 2014.
✓ The inaugural State of the Tropics
Report was launched By Nobel Peace
prize winner Aung San Suu Kyi of
Myanmar.
James Cook University (JCU), Australia has
organised a special event as part of the
observance of International Day of the Tropics
and to launch the 2022 State of the Tropics
(SOTT) report: “COVID-19 in the Tropics: A
State of the Tropics focus report”. Click here to
read more.

APPS & WEB PORTAL


APP & WEB NAME LAUNCHED BY PURPOSE
Jan Samarth Government of India The government of India (GoI) is set to
launch a ‘Jan Samarth’ portal to improve
the ease of living for the common man.
This is a common portal for the delivery of
various schemes run by different
ministries and departments.
✓ The new portal plans to onboard
15 credit-linked government
schemes, as a part of GoI’s vision of
Minimum Government Maximum
Governance.
The portal aims to bring together several
schemes on a single platform and enable

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the beneficiaries to access them without


any hassle.
ACB 14400 YS Jagan Mohan Chief Minister YS Jagan Mohan Reddy
Reddy introduced an app called ACB 14400 to
combat corruption in government offices
across the state. People can file corruption-
related complaints against state officials
using this app.The app was developed by
the Anti-Corruption Bureau (ACB) of
Andhra Pradesh (AP).
✓ Anyone can use the mobile
application to attach
documentation, such as audio or
video documents to report a
corruption case. This software has
a mechanism that ensures that the
evidence is recorded and related to
the complaint.
✓ When the app is launched, two
categories will appear on the
mobile screen: ‘Live Report’ and
‘Lodge Complaint’. Following the
receipt of the Complaint, ACB
authorities will take the
appropriate action based on the
contents of the Complaint.
AP: Governor: Biswa Bhusan
Harichandan; National Park – Rajiv
Gandhi National Park, Papikonda National
Park, and Sri Venkateswara National Park
(biosphere reserve)
Self Certification Portal Department of Union Minister of State (Independent
https://geospatial.dst.gov.in/ Science and Charge) Ministry of Science and
Technology (DST) Technology Dr Jitendra Singh released a
under the Ministry of book and its e-Version on 8 Years of
Science and Administrative and Pension reforms
Technology in (2014-2022).
collaboration with ✓ The Department of Science and
National Informatics Technology (DST) under
Centre (NIC) the Ministry of Science and
Technology in collaboration with
National Informatics
Centre (NIC) launched the Self
Certification Portal for conveying
adherence to provisions of
Geospatial Guidelines by
Individuals, companies,
organisations, and Government
agencies.

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✓ Self-Certification Portal Link:


https://geospatial.dst.gov.in/.
DST: Secretary of DST – Dr. Srivari
Chandrasekhar
Rashtriya Puraskar Portal Union Government The Union Government has launched a
(https://awards.gov.in) common portal,
the Rashtriya Puraskar Portal
(https://awards.gov.in) for inviting
nominations for national awards of the
various Ministries, Departments and
agencies.
✓ Aim – To facilitate citizens to
nominate individuals and
organisations for various national
awards under one platform,
instituted by the Government of
India.
With this portal, for the first time in the
history of India, information regarding all
national awards would be available to the
public on a single digital platform including
their eligibility criteria, selection
procedure, and details of past awardees.
Beach Vigil App Pramod Sawant The chief minister (CM) of
Goa Pramod Sawant launched a ‘Beach
Vigil App’, a collaboration between
Information Technology (IT) sector and
tourism sector that aims to benefit tourists
and the institutions working in the beach
tourism sector in a holistic management of
beaches.
The app will cover everything from
reporting illegal hawkers and illegal
massage services to beach cleanliness.
✓ Through the Beach Vigil App, the
Drishti workers, police and other
stakeholders can raise issues for
safeguarding the interest of the
tourist’s
Goa: Governor – P.S. Sreedharan Pillai;
Wildlife Sanctuaries – Bhagwan Mahavir
Wildlife Sanctuary, Cotigao Wildlife
Sanctuary, Bondla Wildlife Sanctuary;
Festivals – Goa Mango Festival
SIB TF Online South Indian Bank South Indian Bank (SIB) has introduced a
new portal named “SIB TF Online”, for its
corporate EXIM (Export-Import)
customers.

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✓ The ‘SIB TF Online’ portal


facilitates a platform for trade-
related payments to foreign entities
remotely.
✓ SIB TF Online is hosted on the
home page of Corporate Internet
Banking (SIBerNet) and will allow
corporates to transact 24×7 in a
secure and paperless manner.
SIB: MD & CEO – Murali Ramakrishnan;
HQ – Thrissur, Kerala; Tagline –
Experience Next Generation Banking.

ENVIRONMENT
World’s 1st Fishing Cat Census: 176 fishing cats found during survey in Chilika Lake
The world’s 1st population estimation of Fishing Cat was undertaken outside the protected area
network in Chilika lake in Odisha state by the Chilika Development Authority (CDA) in collaboration
with The Fishing Cat Project (TFCP).
✓ A range of 131 – 237 species have been recorded as Schedule-I species during the survey. There
were 176 Fishing Cats found in the lake. It was conducted by the CDA. Spatially Explicit Capture-
Recapture (SECR) method along with around 150 camera traps were deployed for nearly 30 days
to analyse the data.
✓ The Fishing Cat is a globally threatened species found in marshlands, mangroves, flooded forests
and other wetlands of 10 Asian countries but have remained untraced in Vietnam and Java for
more than a decade.
Chilika lake is Asia’s largest brackish water lagoon and first Indian wetland of international
importance under the Ramsar Convention. It Spread over the Puri, Khurda and Ganjam districts of
Odisha state on the east coast of India, at the mouth of the Daya River.

India Finalises Deals for Cheetahs from South Africa and Namibia
The Indian government has finalised deals with South Africa and Namibia to get the planet’s fastest
animals, cheetahs that became extinct in India and will be released into the wild at Kuno Palpur
National Park in Sheopur district, Madhya Pradesh, by the end of 2022. There will be 12 cheetahs
from South Africa and 8 from Namibia and more will be followed in subsequent years.
✓ Initially, an MoU will be signed for 10 years, which can be extended for another five years.
Namibia was keen on India’s support as it wants 22 elephants to be exported to the United Arab
Emirates (UAE).

Haploptychius sahyadriensis: India’s Newest Recorded Snail Found in Maharashtra


Species Name: Haploptychius sahyadriensis, a carnivorous land snail, India’s newest recorded snail
Discovered in: Western Ghats (northern part) of Maharashtra
✓ It is endemic to the Vishalgad Conservation Reserve in Kolhapur, Maharashtra.
✓ It is named after the type locality of the species in the northern part of the Western Ghats, which
is Sahyadri in Sanskrit.
It is the 3rd member of the genus Haploptychius, that was placed based on shell morphology and genital
characters. The other two: H. andamanicus and H. pfeifferi were recorded in the Andaman and Nicobar
Islands in the 1860s.

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New Spider Species: Pseudomogrus sudhii


Discovered in: Thar desert, Rajasthan
Discovered by: Dmitri Logunov – curator, Manchester Museum, The University of Manchester, United
Kingdom (UK), Rishikesh Balkrishna Tripathi and Ashish Kumar Jangid of Wildlife Institute of India
(WII), Dehradun, Uttarakhand.
Published in: 2022 Volume of Arachnology, an international scientific journal of the British
Arachnological Society.
✓ It was named after Malayalee Arachnologist Sudhikumar A.V., recognising his contribution to the
field of Indian arachnology.
The genus Pseudomogrus Simon, 1937 is reported from India for the first time.
it is a Jumping Spider. So far 35 species of spiders of this genus have been discovered worldwide.

Glischropus meghalayanus: New Species of Bamboo-Dwelling Bat Found in Meghalaya


Species Name: Glischropus meghalayanus
Founded in: Nongkhyllem Wildlife Sanctuary in Ri Bhoi district of Meghalaya.
Discovered by: Indian Zoologist Uttam Saikia
✓ It is a bamboo-dwelling and the first report of a thick-thumbed bat not only from India but also
from South Asia.
It is named Glischropus meghalayanus honourinng 50th statehood year of Meghalaya. So far, this
species has only been reported in a few localities in Southern China, Vietnam, Thailand and Myanmar.

GA Questions Asked in Exams

• Affairscloud’s Self Analysis for General Awareness Section

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