In this article, we will discuss all the important current affairs of 7th July 2021 in detail.
1. Central government develops a new Ministry of Cooperation
- Ahead of the much awaited cabinet enlargement, the Union government announced the creation of a new ministry dubbed the Ministry of Co-operation to implement the vision of ‘Sahkar se Samriddhi’ or prosperity through cooperation.
- According to a government official familiar with the events, the ministry will create a unique administrative, legal, and policy structure to support the country’s cooperative movement.
2. At Delhi’s Kashmere Gate Metro Station, India’s first FASTag-based parking facility has opened.
- The DMRC introduced the country’s first FASTag-based cashless parking facility at the busy Kashmere Gate metro station in north Delhi as part of its multimodal integration of transportation services plan.
- The parking garage would be the first in the country to accept payments through the UPI (unified payments interface) system.
3. The Delhi government has launched a financial assistance programme for Covid victims’ families.
- Arvind Kejriwal, the Delhi Chief Minister, announced a system and an online platform to help families who have lost loved ones to Covid-19, and instructed officials not to identify flaws in their claim applications.
- Every family that loses a member to Covid-19 will receive Rs 50,000 ex gratia, plus an additional Rs 2,500 per month if the deceased was the sole breadwinner, under the ‘Mukhyamantri Covid-19 Pariwar Aarthik Sahayata Yojana.’
4. In December 2021, the first unit of the Rampal Maitree Power plant will be commissioned.
- The Maitree Power Project’s first unit will be commissioned at Rampal, Bangladesh, in December, coinciding with the country’s Golden Jubilee Celebration of Liberation. This was announced in a press statement released in Delhi following a virtual meeting between India’s and Bangladesh’s power secretaries.
- The second unit is planned to be operational in time for the accompanying transmission infrastructure to be installed.
Banking & Finance News
5. Paytm has launched ‘Postpaid Mini,’ a small-ticket quick borrowing service.
- In cooperation with Aditya Birla Finance Ltd, digital payments and financial services platform Paytm announced the introduction of Postpaid Mini, small ticket loans that will provide consumers flexibility to obtain loans ranging from Rs 250 to Rs 1,000.
- The product is an outgrowth of the company’s Buy Now, Pay Later service, which helps those who are new to credit get credit.
Business & Economy News
6. GST Revenue Falls Below Rs 1 Lakh Crore GST revenue fell below Rs 1 lakh crore in June after eight straight months of exceeding that figure.
- For the month of June, the Centre collected Rs 92,849 crore in GST, with CGST at Rs 16,424 crore, SGST at Rs 20,397 crore, IGST at Rs 49,079 crore (including Rs 25,762 crore collected on goods imports), and Cess at Rs 6,949 crore (including Rs 809 crore collected on import of goods).
7. MSME Minister Nitin Gadkari is becoming the Brand Ambassador of Khadi Prakritik Paint.
- Mr Gadkari stated that he will advertise this paint throughout the country in order to encourage young businesses to start producing cow dung paint.
8. Harsh Vardhan and Ramesh Pokhriyal, both ministers, have resigned ahead of a cabinet reshuffle.
- Harsh Vardhan and Ramesh Pokhriyal, both Union ministers, have resigned ahead of the cabinet reshuffle. Only 50 invitations have been sent for the inauguration of the larger Union cabinet at the Rashtrapati Bhavan Durbar Hall, pursuant per Covid procedures.
- Harsh Vardhan, Santosh Gangwar, Ramesh Pokhriyal, Deboshree Chaudhary, and Sadanand Gowda, Ministers of Health, Labour, Education, and Chemicals and Fertilizers, all resigned ahead of the cabinet expansion. Ravi Shankar Prasad, the Law Minister, and Prakash Javadekar, the Environment Minister, have both resigned.
9. Manpreet Singh, Mary Kom To Represent India at the Tokyo Olympics
- The Indian Olympic Association announced that legendary boxer MC Mary Kom and men’s hockey team captain Manpreet Singh will be flag carriers at the opening ceremony of the Tokyo Olympics.
- Wrestler Bajrang Punia, one of India’s biggest hopes, will be the flag bearer at the closing ceremony on August 8.
Awards & Honours
10. PM Modi joins 36 other international leaders on the RSF’s list of “press freedom predators.”
- Reporters Sans Frontières, a global media watchdog, has listed Prime Minister Narendra Modi as one of 37 leaders of state who have repressively suppressed journalistic freedom. They were dubbed “press freedom predators” by the watchdog.
- Apart from Modi, the list this year included Kim Jong-un of North Korea, Jair Bolsonaro of Brazil, Vladimir Putin of Russia, and Imran Khan of Pakistan. Newcomers to the list include Saudi Arabia’s Crown Prince Mohammed bin Salman and Hungary’s Prime Minister Viktor Orbán.
11. Names in the World of Aviation Korean Air was named Airline of the Year in 2021.
- Air Transport World (ATW), an aviation media outlet, has named Korean Air as the “2021 Airline of the Year,” dubbed the “Oscar” of the aviation sector. The awards ceremony will take place on October 5 in Boston.
- In the worldwide aviation sector, the ATW’s Airlines of the Year award is regarded as the Oscar.
SCIENCE & TECHNOLOGY
12. The J&K government has approved the posting of geo-tagged images via the ‘PROOF’ mobile app.
- In Jammu and Kashmir, the Union Territory Administration approved the uploading of geo-tagged images through the ‘PROOF’ (Photographic Record of On-Site Facility) mobile application, while preferring bills in the concerned Treasuries against the budget given through BEAMS.
- According to a Finance Department order, all DDOs will be given the required training and support to enable them to upload images through this programme starting on the 15th of this month.
13. Union Minister Giriraj Singh has launched the Matsya Setu Online Course Mobile App.
- Giriraj Singh, Union Minister for Fisheries, Animal Husbandry, and Dairy, launched the Matsya Setu Online Course Mobile App.
- The ICAR-Central Institute of Freshwater Aquaculture in Bhubaneswar created the app with financing from the National Fisheries Development Board in Hyderabad.
- The goal of the online course app is to distribute the most up-to-date freshwater aquaculture technologies to the country’s aqua farmers.
14. Dilip Kumar, a legendary actor, has died.
- Dilip Kumar, also regarded as the tragedy king of Bollywood, passed away. He was 98 years old at the time.
- He appeared in nearly 65 films during his five-decade career. He is best known for his roles in the romantic Andaz (1949), the swashbuckling Aan (1952), the social drama Daag (1952), the dramatic Devdas (1955), the comedic Azaad (1955), the epic historical Mughal-e-Azam (1960), the social dacoit crime drama Gunga Jamuna (1961), and the comedy Ram Aur Shyam (1961). (1967).
15. Richard Donner, the director of “Superman,” has died.
- Richard Donner, the director of the first “Superman” picture, the “Lethal Weapon” film series, and “The Goonies,” has died at the age of 91.
- The cult classic horror film ‘The Omen,’ released in 1976, cemented his place in the industry and led to his next major studio film, ‘Superman,’ (also the original), which paved the way for a slew of other films, including ‘The Goonies,’ and the entire ‘Lethal Weapon’ film series, starring Mel Gibson and Danny Glover.
16. The date for World Chocolate Day in 2021 is July 7th.
- Every year on the 7th of July, the world celebrates World Chocolate Day. International Chocolate Day is another name for it. World Chocolate Day (also known as International Chocolate Day) is an annual celebration of chocolate that takes place on July 7th all over the world.
- World Chocolate Day was first observed in 2009. It commemorates the introduction of chocolate to Europe in 1550.
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