Current Affairs Current Affairs June 2019

  The GoI celebrates the Statistics Day to popularize the use of Statistics in everyday life and sensitize the public as to how Statistics helps in shaping and framing policies. The day is celebrated on the birth anniversary of Prof. P C Mahalanobis, on 29th June. Ministry of Statistics and Program Implementation (MoSPI) announced that it will institute the Prof. P.C. Mahalanobis National Award in Official Statistics to recognise and honour the work of Official Statisticians working in the Central Government, State Governments and their Institutions.
Source: The Press Information Bureau

  The United Nations observe 29 June as International Day of the Tropics. The International Day of the Tropics celebrates the extraordinary diversity of the tropics while highlighting unique challenges and opportunities the Tropical nations face.
Source: The United Nations

 Malayalam director Babu Narayanan passes away. He directed several Malayalam hits such as ‘Kudumba Vishesham’ and ‘Welcome to Kodaikanal’. Babu Narayanan was also part of the Anil-Babu duo that made several box office hits like Sthreedhanam, Pattabhishekam.
Source: The Hindu

  Telugu story writer and the Sahitya Akademi award winner Abburi Chaya Devipasses away. Some of her popular stories are Bonsai Bathuku, Prayanam Sukhantam, Akhariki Aidu Nakshatralu, and Wood Rose.
Source: The Hindu

 The Department of Higher Education of HRD Ministry has finalized and released a five year vision plan named Education Quality Upgradation and Inclusion Programme.
The Expert Groups have set the following goals for higher education sector:
  • Double the Gross Enrolment Ratio (GER) in higher education and resolve the geographically and socially skewed access to higher education institutions in India.
  • Upgrade the quality of education to global standards.
  • Position at least 50 Indian institutions among the top 1000 global universities.
  • Introduce governance reforms in higher education for well-administered campuses.
  • Accreditation of all institutions as an assurance of quality.
  • Promote Research & Innovation ecosystems for positioning India in the Top-3 countries in the world in matters of knowledge creation.
  • Double the employability of the students passing out of higher education.
  • Harness education technology for expanding the reach and improving pedagogy.
  • Promote India as a global study destination.
  • Achieve a quantum increase in investment in higher education.
Source: The Press Information Bureau

Exporters body Federation of Indian Export Organisations (FIEO) has elected Sharad Kumar Saraf as its new president.  Sharad Kumar Saraf will replace renowned exporter Ganesh Kumar Gupta.
Source: The Business Standard

  The Reserve Bank relaxed the leverage ratio (LR) to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. This has been done to help them boost their lending activities. The reduced  leverage ratio will be effective from the quarter commencing October 1, 2019. The leverage ratio, as defined under Basel-III norms, is Tier-I capital as a percentage of the bank’s exposures.
Source: The Business Standard

  The GoI has reduced interest rates for small savings schemes by 10 basis points for the July-September quarter of the 2019-20 financial year. Some schemes that will fetch lower interest rates are Kisan Vikas Patra (7.6%), Public Provident Fund (7.9%), Sukanya Samriddhi Account (8.4%).
Source: The Live Mint

  Haryana Chief Minister Manohar Lal Khattar announced an annual financial assistance of Rs 5 lakh to “loktantra senanis” or their spouse. Under this, they will be provided treatment at private or government hospitals. The term “emergency victim” on their identity cards would be replaced with “loktantra senani”. “Loktantra senanis” are those people who were imprisoned during the 1975-77Emergency under preventive detention laws.
Source: The Business Standard

IIT Kanpur honours India’s chief national badminton coach Pullela Gopichand with honorary doctorate on the occasion of their 52nd convocation. Former President APJ Abdul Kalam and former Prime Minister Manmohan Singh are past recipients of the honour.
Source: The Hindu

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