In this article, we will discuss all the important current affairs of 4th June 2021 in detail.
1. To deal with Covid-19 issues, the government reorganizes six empowered groups into ten.
- The Centre reconstituted the six empowered groups set up for Covid-19 management to make 10 panels, expanding their ambit to look into issues like availability of oxygen, vaccination, emergency response, and economic welfare measures. The Centre has also formed a panel for vaccination and to monitor medical oxygen requirements.
- Niti Aayog (health) member Dr. VK Paul will lead the panel on vaccination which has 10 other members who will oversee procurement, manufacturing, logistics, daily supply, and utilization and will also oversee the amount of vaccine wastage.
2. Kerala Retains Top Rank in Niti Aayog’s SDG India Index 2020-21; Bihar Worst Performer
- Kerala has retained the top rank in Niti Aayog’s SDG India Index 2020-21, while Bihar has been adjudged as the worst performer, according to a report released by Niti Aayog Vice Chairman Rajiv Kumar. Overall, the country’s SDG score increased by 6 points, from 60 in 2019 to 66 in 2020-21.
- With a score of 75, Kerala maintained its position as the top state. With a score of 74, Himachal Pradesh and Tamil Nadu tied for second place. The worst-performing states in this year’s index were Bihar, Jharkhand, and Assam.
3. The Cabinet has approved a Memorandum of Understanding between India and Japan in the field of sustainable urban development.
- India and Japan have signed a Memorandum of Cooperation ( Moc) in the field of sustainable urban development, which has been approved by the Cabinet.
- Under the terms of the MoC, a Joint Working Group (JWG) will be formed to strategize and implement cooperative programs. The Joint Working Group will convene once a year, in Japan or India, on alternate years.
4. The Karnataka High Court will continue hearings in the case of five independent MLAs.
- The Karnataka High Court will continue hearings in the case of five independent MLAs. The final hearing on the suit filed by five Independent MLAs seeking their exclusion from the state Assembly will begin this afternoon in the Karnataka High Court.
- On October 10, just before the first-floor test of the Yeddyurappa government, Assembly Speaker K G Boppaiah dismissed them, along with 11 BJP MLAs, for anti-party activities.
5. Minister of Agriculture Narendra Singh Tomar has launched the Seed Minikit Program.
- Seed Minikits, higher producing types of seeds, were distributed to farmers as part of Agriculture Minister Narendra Singh Tomar’s Seed Minikit Program.
- The National Seeds Corporation, NSC, NAFED, and Gujarat State Seeds Corporation are providing the small kits, which are entirely sponsored by the Government of India through the National Food Security Mission.
6. Under AAI’s liberalized FTO policy, the country will soon gain eight additional flying training academies.
- Under the Airports Authority of India’s liberalized Flying Training Organization (FTO) policy, the country will soon gain eight new flying training academies (AAI). Belagavi, Jalgaon, Kalaburagi, Khajuraho, and Lilabari will all have these academies.
- The establishment of these eight FTOs aims to make India a global aviation instruction centre. It will also restrict Indian cadets from enrolling in foreign FTOs.
6.South Africa hosted a BRICS Working Group Meeting on HPC and ICT.
- High-Performance Computing (HPC) and Information Communication Technology were discussed in the fifth BRICS working group conference (ICT).
- South Africa hosted and coordinated the Fifth BRICS Working Group meeting on High Performance Computing (HPC) and Information Communication Technologies (ICT) in an online format under the Science, Technology, and Innovation track.
Banking & Finance
7. In Oxford, the United Kingdom hosted a two-day summit of G7 health ministers.
- The Group of Seven (G7) countries’ health ministers will meet in Oxford for a two-day summit.
- The G7 released a report on the progress made in efforts to improve health in developing countries. The meeting’s major priority, according to British Foreign Minister Dominic Raab, would be equitable access to Coronavirus vaccines.
8. The United Nations (UN) has established a “One Health” expert council to advise on the hazards of animal disease.
- The World Health Organization (WHO) and three other international organizations have formed a team of experts to build a new One Health High-Level Expert Panel to develop a global plan to prevent disease transmission from animals to people.
- The World Health Organization (WHO), the United Nations Environment Programme (UNEP), the World Organization for Animal Health (OIE), and the Food and Agriculture Organization (FAO) have formed the One Health High-Level Expert Panel (FAO).
Banking & Finance News
9. In its bi-monthly monetary policy statement, the RBI keeps key rates unchanged.
- In the face of COVID-19 uncertainties and inflation fears, the Reserve Bank of India (RBI) left its benchmark interest rates steady. RBI Governor Shaktikanta Das stated in his policy statement that the estimated Gross Domestic Product growth rate for the current fiscal year is 9.5 percent.
- For the sixth time in a straight, the RBI has held the repo rate at 4.25 percent. The RBI’s borrowing rate, popularly known as the reverse repo rate, has remained constant at 3.35 percent. In order to encourage growth, the RBI has maintained an easy monetary policy stance while keeping inflation at a target level.
10. Unsecured loans of up to 5 lakh would be available from public sector banks for Covid treatment.
- Individuals and their families will be able to get unsecured loans ranging from 25,000 to 5 lakh from Public Sector Banks (PSBs) to cover the cost of COVID-19 therapy.
- This is one of three new loan products they’ve introduced to help vaccine makers, hospitals/dispensaries, pathology labs, producers and providers of oxygen, ventilators, importers of vaccinations and COVID-related medications, logistics companies, and persons with COVID-19.
11. The Asian Development Bank (ADB) has signed a $2.5 million loan agreement with the government of Sikkim to upgrade the state’s road infrastructure.
- The Asian Development Bank (ADB) has signed an agreement with the Union government for a loan of USD 2.5 million (about Rs 18.23 crore) to develop road infrastructure in Sikkim, in the north-eastern state.
- According to the Asian Development Bank, the USD 2.5 million project readiness financing (PRF) credit would support project preparation and design operations in Sikkim to repair critical district highways.
Business & Economy News
12. At the GST Council meeting, the Finance Minister introduces a ‘Amnesty Scheme’ for small taxpayers, which allows them to file returns with a lower late charge.
- In the 43rd GST Council meeting, Finance Minister Nirmala Sitharaman proposed an “Amnesty Scheme” to reduce late costs on returns. Small taxpayers can use the Amnesty Scheme to file pending returns, according to the FM.
- Taxpayers will now be able to file their outstanding returns and take advantage of the Amnesty scheme’s reduced late costs, according to the finance minister.
13. The Defense Ministry has agreed to buy 11 airport surveillance radars from Mahindra Telephonics.
- The Indian Navy and the Indian Coast Guard have signed a contract with Mahindra Telephonics to purchase 11 airport surveillance radars.
- The installation of these radars will improve air domain awareness near airfields, as well as the safety and efficiency of Navy and Coast Guard flight operations.
14. Ranjitsinh Disale has been appointed as a World Bank Advisor.
- The World Bank has named Ranjitsinh Disale, the first Indian teacher to receive the Global Teacher Award, as an Advisor to the World Bank.
- The World Bank recently announced the Global Coach Program, a new effort aimed at assisting countries enhance in-service teacher professional development (TPD) programs and procedures in order to accelerate learning. This initiative is part of the World Bank’s larger plan to address the worldwide education issue (WDR, 2018).
SCIENCE & TECHNOLOGY
15. India’s first reactor will be built on the PPP model, according to the Department of Atomic Energy.
- The Department of Atomic Energy (DAE) has stated that the country’s first research reactor will be built under a public-private partnership (PPP) format. The commercial enterprises are being shortlisted by DAE for project cooperation.
- The Bhabha Atomic Research Centre (BARC) will design the research reactor, which would manufacture radioisotopes and is intended to reduce the cost of nuclear medicine used in cancer treatment in India.
16. The AYUSH ministry launches the Covid-19 counseling hotline.
- The Ministry of Ayush has established a dedicated community assistance helpline to give Ayush-based approaches and solutions to the difficulties faced by COVID-19.
- 14443 is the toll-free number. The helpline is open seven days a week, from 6 a.m. to 12 a.m., all over India.
Books and Authors
17. The book “Stargazing” by cricket veteran Ravi Shastri will be released this year.
- Ravi Shastri, a cricket legend, commentator, and one of India’s most successful managers, has written a book called “Stargazing: The Players in My Life.” On Ravi Shastri’s birthday, publisher HarperCollins India confirmed the news.
- Shastri writes about 60 exceptional talents he has encountered from all across the world who have inspired him in his book, “Stargazing: The Players in My Life.”
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