27th July, 2022

1. India contributed USD 2.5 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
2. SAP Labs India has partnered with National e-Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY) to establish the SAP Centre for Digital Government (SCDG) in Bengaluru to improve the digital government capabilities in India.
3. Union Minister of AYUSH, Shri Sarbananda Sonowal, has inaugurated Vaccination Centre for Children at the All India Institute of Ayurveda (AIIA), Delhi.
4. A Multi-Agency Group consisting of representatives from various Enforcement Agencies and Organizations has been set up by the Government for expeditious and coordinated investigation of Panama paper leaks, Paradise paper leaks and the Pandora paper leaks.
5. The Development of Enterprise and Service Hubs (DESH) Bill, 2022 has been introduced in the Lok Sabha.
6. Department of Science and Technology, in collaboration with IIT-Kanpur’s Startup Incubation and Innovation Centre (SIIC), has launched the NIRMAN Accelerator Program.
7. India has planned to set up a $5 billion fund to support the adoption of electric vehicles (EVs).
8. Investment proposals worth Rs 23,000 crores have been approved from the Agriculture Infrastructure Fund (AIF)
9. India produces the largest quantity of mangoes in the world and also supplies more than 50% of these tropical fruits across the globe.
10. Zimbabwe has launched gold coins to be sold to the public to tackle the runaway inflation (or hyperinflation) that has further destabilized the country’s unstable currency.
11. Central government has extended the exemption given to masur dal, a lentil, from agriculture and infrastructure development cess when imported into India, by another six months, till March 2023.
12. Tech Mahindra and Mahindra University have signed an MOU to set up a new ‘Makers Lab’ for research and development.
13. Employee’s State Insurance Corporation (ESIC) has released the “Payroll reporting in India: An Employment Perspective- May 2022”.
14. Central govt has appointed Sanjay Kumar Jain (joint secretary to the Department of Public Enterprises) as an interim CEO of the National Land Management Corporation (NLMC).
15. July 22 – National Mango Day
16. World In-Vitro Fertilization Day (world’s 1st IVF baby Louise Joy Brown was born on July 25, 1978 in England)
17. Taipei Open 2022 (badminton) in Chinese Taipei (Taiwan) – Men’s Singles: Chou Tien-chen (Taiwan); Women’s Singles: Tai Tzu-ying (Taiwan)
18. Tobi Amusan has broken the 100m hurdles world record at the World Athletics Championships in Eugene, Oregon, USA.
19. Sakurajima volcano erupted in the Kagoshima city on Kyushu Island of Japan.

National News

1. India contributed USD 2.5 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
2. SAP Labs India has partnered with National e-Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY) to establish the SAP Centre for Digital Government (SCDG) in Bengaluru to improve the digital government capabilities in India.
3. Union Minister of AYUSH, Shri Sarbananda Sonowal, has inaugurated Vaccination Centre for Children at the All India Institute of Ayurveda (AIIA), Delhi.
   • Bal Raksha mobile app was also launched for creating awareness of paediatric preventive healthcare through Ayurveda intervention amongst parents.
   • The app will also collect feedback from parents regarding the impact of the kit on their children’s health and immunity.
4. A Multi-Agency Group consisting of representatives from various Enforcement Agencies and Organizations has been set up by the Government for expeditious and coordinated investigation of Panama paper leaks, Paradise paper leaks and the Pandora paper leaks.
5. The Development of Enterprise and Service Hubs (DESH) Bill, 2022 has been introduced in the Lok Sabha.
   • The Bill aims to replace the Special Economic Zones Act, 2005 to make the zones (covered under the act) more compliant with the WTO norms.
   • The Special Economic Zone will now be called as Development Hub.
   • Under the new DESH Act, any new manufacturing unit set up in the development hub is likely to attract a 15% corporation tax for 10 years.
   • This provision can be extended to existing units which expand their capacity by 50% or reinvest 50% of their net worth.
   • The units in the Development Hubs can auto-renewal of licenses. The developers of this zones will get the status of infrastructure developers.
6. Department of Science and Technology, in collaboration with IIT-Kanpur’s Startup Incubation and Innovation Centre (SIIC), has launched the NIRMAN Accelerator Program.
   • Purpose – to help various start-ups and innovators overcome business challenges from their prototype to market journey.
   • Under the programme, focus will be on manufacturing start-ups and innovators engaged in healthcare and agriculture domains.
   • A total of 15 start-ups will be selected under the program, where they will be granted the opportunity to accelerate their product journey from lab to market.
   • The best performing start-ups among the cohort of 15 start-ups will receive a cash award of up to Rs 10 Lakhs.
   • Funding support of Rs 50 lakhs will be provided for the selected start-ups after program completion.

7. India has planned to set up a $5 billion fund to support the adoption of electric vehicles (EVs).

Agriculture and Rural Development

1. Investment proposals worth Rs 23,000 crores have been approved from the Agriculture Infrastructure Fund (AIF)
   • Total corpus of the AIF – Rs 1 lakh crore
   • The government has also proposed to set up 10,000 farmer producer organizations through NABARD.
2. India produces the largest quantity of mangoes in the world and also supplies more than 50% of these tropical fruits across the globe.
   • Some of the most popular varieties of Mangoes in India are Himsagar, Kesar, Chausa, Neelum, Alphonso and Dasheri among others.
   • According to historians, mangoes were first cultivated in India around 5,000 years ago.
   • Mango is grown in parts of Asia to the Middle East and some parts of South America and East Africa.
   • World’s most costliest mango named Miyazaki, worth Rs 2.7 lakh per kg, is cultivated in Jabalpur, Madhya Pradesh.

International News

1. Zimbabwe has launched gold coins to be sold to the public to tackle the runaway inflation (or hyperinflation) that has further destabilized the country’s unstable currency.
   • The coins will be used like liquid cash.
   • The price of the coins will be determined by the international market rate for an ounce of gold, plus 5% for the cost of producing the coin.
   • The gold coins are named as ‘Mosi oa Tunya’ coin.

Banking and Economy

1. Central government has extended the exemption given to masur dal, a lentil, from agriculture and infrastructure development cess when imported into India, by another six months, till March 2023.
   • The current exemption from the cess was to expire by the end of September 2022.
2. Tech Mahindra and Mahindra University have signed an MOU to set up a new ‘Makers Lab’ for research and development.
   • The lab will work in areas such as quantum computing and explainable artificial intelligence (AI) that presents data in a manner that can be understood by humans, and Metaverse, a virtual world where people can connect through their digital avatars.
3. Employee’s State Insurance Corporation (ESIC) has released the “Payroll reporting in India: An Employment Perspective- May 2022”.
   • As per the report, around 14.93 lakh new members have joined the ESIC in May 2022.
   • The gross new enrolments with ESIC increased to 1.49 crores in 2021-22.

Appointments

1. Central govt has appointed Sanjay Kumar Jain (joint secretary to the Department of Public Enterprises) as an interim CEO of the National Land Management Corporation (NLMC).
   • NLMC was incorporated as a wholly-owned Government of India company with an initial authorised share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore.

Important Days

1. July 22 – National Mango Day
2. July 25 –
   • World In-Vitro Fertilization Day (world’s 1st IVF baby Louise Joy Brown was born on July 25, 1978 in England)
   • World Drowning Prevention Day; Theme – “Do One Thing- to Prevent Drowning”
3. July 26 – Kargil Vijay Diwas (23th anniversary)

Sports

1. Taipei Open 2022 (badminton) in Chinese Taipei (Taiwan) – Men’s Singles: Chou Tien-chen (Taiwan); Women’s Singles: Tai Tzu-ying (Taiwan)
2. Tobi Amusan has broken the 100m hurdles world record at the World Athletics Championships in Eugene, Oregon, USA.
   • She broke the record in women’s 100m hurdles in 12.12 seconds.
   • Armand Duplantis has won the gold in the 10-day global track and field.

Miscellaneous

1. Sakurajima volcano erupted in the Kagoshima city on Kyushu Island of Japan.

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