In this article, we will discuss all the important current affairs of 2nd July 2021 in detail.
1. Mumbai Samachar, India’s oldest newspaper, is celebrating its 200th anniversary.
- On July 1, India’s oldest newspaper, Mumbai Samachar, celebrated its 200th anniversary.
- The journal, which began as Bombay Samachar in July 1822 and was founded by a Parsi scholar named Fardoonji Murazban, has passed through several hands over the last two centuries. The Cama family has been the newspaper’s publisher since 1933, and Hormusji N Cama is the director.
2. Bengaluru is home to India’s first mobile freshwater tunnel aquarium.
- The Indian Railway Stations Development Corporation Ltd (IRSDC) has opened India’s first mobile freshwater tunnel aquarium at Bengaluru’s Krantivira Sangolli Rayanna Railway Station in partnership with HNi Aquatic Kingdom.
- Passengers waiting for trains at Bengaluru’s Krantiveera Sangolli Rayanna Railway Station can pay Rs 25 to enter a 12-foot long tunnel aquarium and a paludarium based on the Amazon River theme.
3. JNU and the Defense Research and Development Organization (DRDO) have signed a cooperation agreement in education and research.
- The Jawaharlal Nehru University (JNU) and the Defence Institute of Physiology and Allied Sciences (DIPAS) of the Defence Scientific and Development Organization (DRDO) have signed an MoU for educational and research collaboration.
- The university’s memorandum of understanding (MoU) with the Defence Research and Development Organisation (DRDO) focused on joint research efforts, faculty and student exchange programmes, and technology incubation at the university’s Atal Incubation Centre.
4. The J&K government, through the JKTPO, has launched an initiative named “HAUSLA” for women entrepreneurs in the state.
- In the midst of the pandemic, the Government of Jammu and Kashmir took proactive measures, launching the “HAUSLA” project for women entrepreneurs under the Jammu and Kashmir Trade Promotion Organization (JKTPO) under the auspices of the Department of Industries and Commerce. Lt. Governor Shri Manoj Sinha launched the initiative in Srinagar.
- He also launched the ‘Special Assistance Scheme for COVID Mortalities – SASCM,’ awarding scholarships and pension certificates to children and members of families who had been touched by COVID-19.
5. The government has launched a special campaign to enrol more farmers in the PM Crop Cover Scheme.
- The government has launched a special effort to enrol more cultivators in the Pradhan Mantri Fasal Bima Yojana, a major farmer outreach programme (PMFBY).
- Starting July 1, a week-long campaign will cover all notified areas for the kharif 2021 season, with an emphasis on 75 aspirational districts with low crop insurance penetration.
6. The West Bengal government has launched a ‘Students Credit Card,’ which will grant a soft loan of up to Rs. 10 lakh for higher education.
- The West Bengal government has introduced an education loan scheme for students pursuing higher education.
- Mamata Banerjee, the Chief Minister of West Bengal, introduced the ‘Students Credit Card’ scheme in Kolkata.
7. Jharkhand would receive a grant of Rs 2,479 crore from the Centre under the Jal Jeevan Mission.
- Under the Jal Jeevan Mission, the Centre has allocated a grant of 2,000 479 crore rupees to Jharkhand. The Central Government is pushing for a four-fold increase in allocation to ensure that every household in Jharkhand has access to tap water.
- Gajendra Singh Shekhawat, the Jal Shakti Minister, has pledged complete support to the State in ensuring that every rural family has access to safe drinking water by 2024.
8. According to a UN estimate, COVID tourism might have a $4 trillion economic impact.
- According to a UN estimate, the economic impact of the tourism slump since the epidemic broke out last year might be as high as $4 trillion.
- The World Tourism Organization (UNWTO) and the United Nations Conference on Trade and Development (UNCTAD) collaborated on a report that indicated that the lack of widespread immunisation in underdeveloped nations was causing significant economic losses.
Banking & Finance
9. According to RBI data, foreign exchange reserves increased by $ 99.2 billion in fiscal year 2020-21.
- According to RBI data, the country’s foreign exchange reserves climbed by $ 99.2 billion in nominal terms, including valuation effects, during the fiscal year 2020-21, compared to $ 64.9 billion the previous year.
- The valuation gain amounted to $ 11.9 billion in 2020-21, compared to $ 5.4 billion in 2019-20, RBI said, reflecting the devaluation of the US dollar versus key currencies and an increase in gold prices.
10. India had a current account surplus of 0.9 percent of GDP in the pandemic-affected FY21, compared to a deficit of 0.9 percent in FY20, according to figures issued by the Reserve Bank of India.
- According to central bank data, the country’s current account deficit increased to USD 8.1 billion, or 1% of GDP, in the March quarter, compared to a surplus of USD 0.6 billion, or 0.1 per cent of GDP, in the year-ago period and a deficit of 0.3 per cent in the prior December quarter.
Business & Economy News
11. Flipkart has launched Shopsy, a platform that would help over 25 million online entrepreneurs by 2023.
- Flipkart, a Walmart-owned e-commerce company, has created Shopsy, an app that allows Indians to start online companies without investing any money.
- Users of Shopsy will be able to share catalogues of a wide range of 15 crore products offered by Flipkart vendors with the opportunity to influence their local network and fulfil their dreams. Fashion, cosmetics, mobiles, technology, and home are among the topics covered, with potential buyers being reached through popular social media and messaging apps.
12. Atul Keshap, an Indian-American, has been named Interim Envoy to India by the United States.
- The United States has named Atul Keshap, an Indian-American career diplomat with experience in India at the State Department, as the country’s Charge’d Affairs in Delhi. He will take over for Daniel Smith.
- According to the US State Department, Ambassador Keshap’s appointment will “reinforce the deep US partnership with the Government and people of India, as evidenced by our collaboration to combat global problems like the COVID-19 pandemic.”
13. Vice Chief of Air Staff Vivek Ram Chaudhari succeeds Air Marshal Vivek Ram Chaudhari.
- Vice Chief of the Air Staff Air Marshal Vivek Ram Chaudhari was appointed. In 1982, the Air Marshal was commissioned into the IAF’s Fighter stream.
- The Air Officer has over 3,800 hours of flying experience on a variety of fighter and trainer aircraft, including flights conducted during Operation Meghdoot and Operation Safed Sagar.
14. Abhimanyu Mishra has been named the youngest Grandmaster in the history of chess.
- Abhimanyu Mishra created chess history by becoming the youngest Grandmaster, breaking Sergey Karjakin’s record of 12 years and seven months set in 2002. In 12 years, four months, and 25 days, Abhimanyu attained the milestone.
- In Budapest, the 12-year-old player from New Jersey earned his third GM norm, having already surpassed the needed ELO rating of 2500.
Awards & Honours News
15. Shankar Mahadevan’s documentary receives international acclaim.
- Deepti Pillay Sivan’s most well-known documentary, “Decoding Shankar,” on the life and career of acclaimed musician Shankar Mahadevan, earned the Best Film Award in the Documentary Section (Best Biographical) at the Toronto International Women Film Festival in 2021.
- The 52-minute docu-film, which was produced a few years ago, is a portrait of the prolific musician’s life, focusing on how he balances his work as a singer, composer, and instructor. The film includes interesting information about his family life as well as memorable experiences from his love of cooking.
16. Rajendra Kishore Panda, an Odia poet, has been awarded the Kuvempu Rashtriya Puraskar.
- Dr. Rajendra Kishore Panda, an Odia poet, has been chosen for the Kuvempu Rashtriya Puraskar, a national prize established in remembrance of the late poet laureate.
- A monetary prize of Rs. 5 lakh, a silver medal, and a citation are included in the award.
17. The American Foundation honours 34 immigrants, including IMF Chief Economist Gita Gopinath and NASA Scientist Kamlesh Lulla.
- Gita Gopinath, the Chief Economist of the International Monetary Fund, and Kamlesh Lulla, a NASA scientist, are among the 34 immigrants honoured by a prestigious American foundation ahead of the US Independence Day (July 4) for their contributions and actions “that have enriched and strengthened” the US society and democracy.
18. Sharad Tripathi, a former BJP MP, has died.
- Sharad Tripathi, a former BJP MP from Sant Kabir Nagar, died in Medanta hospital in Gurgaon, Haryana, after a protracted illness. He was 49 years old at the time.
- Tripathi was elected to the Lok Sabha in 2014 from Sant Kabir Nagar, however he was denied a ticket in 2019 because his father was fielded from Deoria.
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