Current Affairs

 
The Telangana Government has issued a notification to extend the Rythu Bandhu scheme for 2019-20 while enhancing the amount from Rs 4000 to Rs 5000. The Rythu Bandhu scheme, Telangana CM K Chandrasekar Rao’s pet scheme, is aimed at providing income support to the agriculturists directly to back their crops. The scheme, which provides Initial Investment support to agriculture and horticulture crops through a grant of Rs 4000 per acre per farmer each season towards the purchase of inputs like seeds, fertilisers, pesticides, labour, and other filed operations, has now been enhanced from Rs 4000 to Rs 5000 per acre per farmer per season.
Source- The Hindu Business Line

 The first session of the newly-elected Lok Sabha has been convened from 17th June to 26th July 2019 and the new government of Prime Minister Narendra Modi will present its first Budget on 05th July 2019 by Nirmala Sitharaman, who is Minister of Finance and Minister of Corporate Affairs. The 40-day session will have 30 sittings.
Important Facts:-
  •  The election for Lok Sabha Speaker will take place on 19th June’19.
  •  The Economic Survey, which gives the status of the country’s economy, will be presented in Parliament on 04th July’19.
  •  Nirmala Sitharaman is the only woman to hold the portfolio (Minister of Finance)after former Prime Minister Indira Gandhi.
  •  The Modi government had on 01st February 2019 presented the interim Budget in view of the upcoming Lok Sabha elections.
  • Source- The Economic Times

      The newly-sworn in NDA government at the Centre has taken four major decisions related to farmers’ and traders welfare in the first meeting of the Union Cabinet. It has approved the extension of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) to all the farmers in the country. Earlier the benefit of the scheme was applicable to farmers having two hectares of land.
    Agriculture Minister Narendra Singh Tomar stated that nearly 14 crores 50 lakh farmerswill be now covered under the revised scheme. Total burden on the exchequer will be over 87,000 crore rupees for the year 2019-20. Over three crore farmers have been benefited so far. Six thousand rupees per year is being given in three installments to the farmers, under the scheme.
    Source- The Economic Times

      Assam government has waived admission fees for students taking admission up to Post Graduate level whose parental income is less than 2 lakh rupees per year. All provincialized government colleges and 5 universities are incorporated under the scheme.
    Source- All India Radio (AIR News)

      The first session of the 17th Lok Sabha will commence on 17th of this month. The Rajya Sabha will have its sitting from 20th onwards. Information and Broadcasting Minister Prakash Javdekar stated the session will continue till 26th of next month (July). The election for the Speaker of the Lower House will be held on 19th of June. The President will address the Joint sitting of both the Houses of Parliament on the 20th. The Economic Survey will be tabled on the 4th of July and the Union Budget will be presented on the 5th of July.
    Source- The Times of India

      The Indian Air Force (IAF) has removed all the temporary restrictions on all air routes in the Indian air space. The Indian Air Force had put temporary airspace restrictions on Indian air space on February 27. Incidentally, Pakistan had extended the restriction on Indian aircraft overflying its territory till June 15 earlier this week.
    Source- The Hindu Business Line

      Prime Minister Narendra Modi has approved changes to the Prime Minister’s Scholarship Scheme for wards of deceased defense personnel under the National Defence Fund. The quota of new scholarships for children of state police officials will be 500 in a year. The rates of scholarship have also been increased from Rs. 2000 per month to Rs. 2500 per month for boys and from Rs. 2250 per month to Rs. 3000 per month for girls. Under the scheme, every year new scholarships are given for 5500 wards of armed forces controlled by Ministry of Defence, for 2000 wards of paramilitary forces controlled by Ministry of Home Affairs and for 150 wards of forces controlled by Ministry of Railways.
    Source- The Hindu

      Former ISRO chief Dr. Kasturirangan led Committee submitted the draft National Educational Policy (NEP) to HRD Minister Ramesh Pokhriyal Nishank in New Delhi. The policy draft recommends incorporation of Indian knowledge systems in the curriculum, constituting a National Education Commission and curbing arbitrary fees hikes by private schools. The existing NEP was framed in 1986 and revised in 1992.
    Source- Press Information Bureau (PIB)

      National Democratic Alliance leader Narendra Modi was sworn in as Prime Minister for the second consecutive term. President Ram Nath Kovind administered the oath of Office and Secrecy to him and a team of 57 ministers at a glittering ceremony on the forecourts of the Rashtrapati Bhawan, New Delhi. Besides 24 Cabinet ministers including Amit Shah, Rajnath Singh, Nirmala Sitharaman, Nitin Gadkari, Smriti Irani, and Piyush Goyal, 9 were sworn in as Minister of State with Independent charge and another 24 as Minister of State.
    Important Takeaways for RRB NTPC/IBPS RRB Mains-
  • After Jawaharlal Nehru and Indira Gandhi, Narendra Modi is the third prime minister of the country who has been able to retain power for a second term with full majority in Lok Sabha.
  • The NDA together has a strength of 353 MPs in the 543-member Lok Sabha out of which the BJP has a majority of 303 MPs.
  • Source- The Economic Times

      US President Donald Trump has announced tariffs on all goods coming from Mexico in a bid to curb illegal immigration. From 10th June 2019, a five percent tariff would be imposed and slowly raised until the Illegal Immigration problem is remedied. President Trump has declared a national emergency to tackle what he claims is a crisis at the US southern border.
    Source- The Guardian


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