24th June, 2021 – Daily News

Topics covered – 9th Asian Ministerial Energy Roundtable. Biotech-Krishi Innovation Science Application Network, India’s largest solar carport, India’s first rabies-free state, Maharashtra (Urban Areas) Protection and Preservation of Trees Act of 1975, Agricultural Diversification Scheme 2021, world’s first genetically modified (GM) rubber plant, “Global Wealth Report” 2021, ‘Aarogyam Loan’, International Financial Services Centres Authority’s panel, UN Public Services Day, It’s A Wonderful Life: Roads To Happiness book

Bulletins

  1. The International Energy Forum (IEF) has announced that India will host the 9th Asian Ministerial Energy Roundtable (AMER9) in 2022.
  2. Department of Biotechnology (DBT) has issued a Special Call for North East Region as a part of its Mission Programme “Biotech-Krishi Innovation Science Application Network” (Biotech-KISAN).
  3. Tata Power Solar has commissioned 6.2 MWp solar carport at Tata Motors plant in Chikhali, Pune.
  4. Goa has become India’s first rabies-free state because it has not reported a single rabies case in the last three years.
  5. Maharashtra govt has signed an MoU with the UK government to strengthen and support clean and green energy tech startups in the state.
  6. Maharashtra government will make amendments to the Maharashtra (Urban Areas) Protection and Preservation of Trees Act of 1975, to introduce provisions for the protection of ‘heritage trees’.
  7. Gujarat has launched Agricultural Diversification Scheme 2021 for benefiting farmers in tribal areas.
  8. The world’s first genetically modified (GM) rubber plant – called GM Rubber Plant – was planted on the outskirts of Guwahati, Assam. The sapling was planted by Rubber Board Chairman and Executive Director KN Raghavan at the board’s farm in Sarutari near Guwahati.
  9. National Security Guard (NSG) has signed an MoU with Rashtriya Raksha University (RRU) for strengthening the core competencies of the NSG, which are counter-terrorism, counter-IEDs (Improvised Explosive Device), and anti-hijacking.
  10. Credit Suisse released the “Global Wealth Report” 2021.
  11. State Bank of India (SBI) launched a new business loan scheme ‘Aarogyam Loan‘ for the healthcare sector to extend loan support in the wake of Covid-19 pandemic.
  12. International Financial Services Centres Authority (IFSCA) has formed a committee, headed by Vandana Agarwal, to examine global best practices in ship financing and leasing, identify opportunities and prepare a roadmap to enable such activities from GIFT IFSC.
  13. UN Public Services Day is observed on June 23.
  14. International Olympic Day is observed on June 23 to commemorate the creation of International Olympic Committee in 1894 in Paris.
  15. International Widow’s Day is observed on June 23.
  16. “It’s A Wonderful Life: Roads To Happiness” book has been written by Ruskin Bond.
  17. Indian American author Dr Vipin Gupta has authored two books – What is Consciousness and What is Para Consciousness – under Project VIPIN (Vastly Integrated Processes Inside Nature).
  18. German architect Gottfried Böhm passed away.

Table of Content

National News

  1. The International Energy Forum (IEF) has announced that India will host the 9th Asian Ministerial Energy Roundtable (AMER9) in 2022.
      • The Ministerial will take forward the understandings reached in the previous meeting in Abu Dhabi during 2018, which was co-hosted by India.
  2. Department of Biotechnology (DBT) has issued a Special Call for North East Region as a part of its Mission Programme “Biotech-Krishi Innovation Science Application Network” (Biotech-KISAN).
      • Purpose – to implement Biotech-KISAN in the North East Region for solving the local problems of the farmers.
      • The Biotech-KISAN will be implemented in the North East Region for linking available innovative agriculture technologies to the farm with the small and marginal farmers, especially women farmers of the region.
      • The Hubs in NER will collaborate with the top scientific institutions across the country as well as State Agricultural Universities (SAUs) / Krishi Vigyan Kendras (KVKs) / existing state agriculture extension services / system and other Farmers’ organizations in the NER for technologies and training of farmers.
      • Biotech-KISAN is a scientist-farmer partnership scheme, which was launched in 2017, to find innovative solutions for agriculture by connecting farmers with science laboratories.
      • Under this scheme, so far 146 Biotech-KISAN Hubs have been established covering all 15 agroclimatic zones and 110 Aspirational Districts in the country.
  3. Tata Power Solar has commissioned 6.2 MWp solar carport at Tata Motors plant in Chikhali, Pune.
      • This is India’s largest solar carport.

State News

  1. Goa has become India’s first rabies-free state because it has not reported a single rabies case in the last three years.
  2. Maharashtra govt has signed an MoU with the UK government to strengthen and support clean and green energy tech startups in the state.
      • The MoU has been signed under the ‘ACT4Green’ programme.
      • The program aims to enable the Indian and UK start-ups to expand internationally by allowing entry to firms in their respective markets.
  3. Maharashtra government will make amendments to the Maharashtra (Urban Areas) Protection and Preservation of Trees Act of 1975, to introduce provisions for the protection of ‘heritage trees’.
      • The state govt also approved the formation of the Maharashtra Tree Authority in local civic bodies and councils which will take all decisions regarding the protection of trees.
      • Under the proposed amendment, a tree with an estimated age of 50 years or more shall be defined as a heritage tree.
      • In return to cutting trees, the party must either plant more trees and take care of them for 7 years or pay the economic value of the fallen trees.
  4. Gujarat has launched Agricultural Diversification Scheme 2021 for benefiting farmers in tribal areas.
      • Tribal farmers will get fertilizer-seed assistance of Rs. 31 crores, under which 45 kg of urea, 50 kg of NPK and 50 kg of ammonium sulphate will be provided.
      • Seeds of crops like maize, Bitter Melon (karela), Calabash (dudhi), tomato, millet, etc. are provided under this scheme.
      • The state govt has also put efforts to improve the irrigation facilities in the hilly areas of the tribal district.

Agriculture and Rural Development

  1. The world’s first genetically modified (GM) rubber plant – called GM Rubber Plant – was planted on the outskirts of Guwahati, Assam. The sapling was planted by Rubber Board Chairman and Executive Director KN Raghavan at the board’s farm in Sarutari near Guwahati.
      • It is developed by the Kerala-based Rubber Research Institute of India (RRII), under the Rubber Board.
      • Rubber Board is a statutory body constituted by the Government of India, under the Rubber Act 1947, for the overall development of the rubber industry in the country.
      • The plant has gene MnSOD (manganese-containing superoxide dismutase) in it which can protect plant cells in severe environmental stresses such as cold and drought.
      • It is expected to revolutionize natural rubber production in India.
      • Natural rubber is grown in humid zones.
      • Rubber Board Chairman and Executive Director – KN Raghavan

Memorandum of Understanding

  1. National Security Guard (NSG) has signed an MoU with Rashtriya Raksha University (RRU) for strengthening the core competencies of the NSG, which are counter-terrorism, counter-IEDs (Improvised Explosive Device), and anti-hijacking.
      • The RRU is an institute set up under the Ministry of Home Affairs and is located in Gandhinagar, Gujarat.
Signed MoU NSG & RRU

Reports & Indices

  1. Credit Suisse released the “Global Wealth Report” 2021.
      • This is the interim report. The full version for 2020 will be released in the later half of 2021. This report is published annually.

    Global Scenario:

      • It grew by 7.4% to $418.3 trillion in 2020. Large gainers were US, China, and Europe region.
      • The number of millionaires in the world grew by 5.2 million to 56.1 million in 2020.
      • Wealth per adult rose by 6% to reach another record of USD 79,952.
      • For the first time, over 1% of all global adults were in nominal terms dollar millionaires in 2020.
      • Global wealth is expected to increase 39% to USD 583 trillion by 2025 and the number of millionaires would reach 84 million.

    India’s Scenario:

      • As per the report, the wealth of India’s richest people fell by 4.4% in 2020 due to a fall in value of Indian Rupee.
      • The absolute wealth of India’s richest people stands at $12.83 trillion in 2020.
      • At present, India is home to 1% of world’s richest people.
      • Although, the number of dollar millionaires in India fell from 7.64 lakhs in 2019 to 6.98 lakhs in 2020 due to the fall in value of Indian Rupee.
      • Each adult Indian was worth an average USD 14,252 in 2020, which has been growing at an average annual rate of 8.8% from 2000 through 2020 as against the global average of 4.8%.
      • There were 4,320 ultra-high net-worth individuals with net worth exceeding USD 50 million.
      • The number of millionaires in India is expected to increase by 81.8% to 1.3 million by 2025.

Banking & Economy

  1. State Bank of India (SBI) launched a new business loan scheme ‘Aarogyam Loan’ for the healthcare sector to extend loan support in the wake of Covid-19 pandemic.
      • Under this new scheme, entire healthcare ecosystem such as hospitals, nursing homes, diagnostic centres, pathology labs, manufacturers, suppliers, importers, logistic firms engaged in critical healthcare supply can avail of loans up to Rs. 100 crore, repayable in 10 years.
      • The Aarogyam Loan can be availed either as a term loan to support expansion/modernization or as working capital facilities.
      • In metro centres loans under Aarogyam can be availed up to Rs100 crore, Tier I and Urban centres up to ₹20 crore and in Tier II to Tier VI centres up to ₹10 crore.
  2. International Financial Services Centres Authority (IFSCA) has formed a committee, headed by Vandana Agarwal, to examine global best practices in ship financing and leasing, identify opportunities and prepare a roadmap to enable such activities from GIFT IFSC.

Important Days

  1. UN Public Services Day is observed on June 23.
      • Theme – Innovating for a new era: Leveraging the role of technology for the future public service
      • A virtual event was also organized on the theme of “Innovating the Future Public Service: New Government Models for a New Era to Reach the SDGs”.
  2. International Olympic Day is observed on June 23 to commemorate the creation of International Olympic Committee in 1894 in Paris.
  3. International Widow’s Day is observed on June 23.
Widow's Day

Miscellaneous

  1. “It’s A Wonderful Life: Roads To Happiness” book has been written by Ruskin Bond.
Ruskin Bond New book
  1. Indian American author Dr Vipin Gupta has authored two books – What is Consciousness and What is Para Consciousness – under Project VIPIN (Vastly Integrated Processes Inside Nature).
      • These are his 5th and 6th books.
      • Under Project VIPIN, various mysteries related to nature are explored.
  2. German architect Gottfried Böhm passed away.

Start Quiz of 24th June 2021

Q.1) Which has become India’s first rabies-free state?
Q.2) Which state has signed an MoU with the UK government to strengthen and support clean and green energy tech startups in the state?
Q.3) Which of the following institution developed world’s first genetically modified (GM) rubber plant?
Q.4) Which bank has launched 'Aarogyam Loan' business loan scheme for the healthcare sector to extend loan support in the wake of Covid-19 pandemic?
Q.5) Who heads the panel formed by International Financial Services Centres Authority to examine global best practices in ship financing and leasing, identify opportunities and prepare a roadmap to enable such activities from GIFT IFSC?
Q.6) When was Biotech-Krishi Innovation Science Application Network launched?
Q.7) Where is India’s largest solar carport located?
Q.8) How much wealth was reduced in 2020 in India, as per the “Global Wealth Report” 2021?
Q.9) When is International Olympic Day observed?
Q.10) Who is the author of “It’s A Wonderful Life: Roads To Happiness”?
CEO of Anujjindal.in


About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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