National:
1.
A single-umbrella e-marketing system named Khadi Institution
Management and Information technology launched by the Khadi and Village
Industries Commission (KVIC) in New Delhi. KIMIS
will serve as in-house single umbrella billing software for sale and purchase
that could be monitored, round-the-clock, from any part of India. It has been
developed by KVIC IT team. The system can be accessed from anywhere in the
country for sale and purchase of Khadi and Village Industries products.
2. Cvigil mobile
application for citizens to report any violation of the Model Code of Conduct
(MCC) during elections has been launched by the Election Commission of India. At present its beta version has been released and will be made
available for use during forthcoming Assembly elections Chhattisgarh, Madhya
Pradesh, Mizoram and Rajasthan.
3. NITI Aayog in collaboration with various ministries and industry
partners announced to organise ‘MOVE: Global Mobility Summit’ in New Delhi on
September 7-8, 2018. It will help drive
Government’s goals for vehicle electrification, renewable energy integration
and job growth, thus, speeding up India’s transition to a clean energy economy.
4.
The DNA Technology (Use and Application) Regulation Bill 2018
approved by the Union Cabinet chaired by Prime Minister Narendra Modi on July
4, 2018. The main objective behind the
enactment of the bill is to expand the application of DNA-based forensic
technologies to support and strengthen the justice delivery system of the
country. It states that all DNA data, including DNA samples, DNA profiles and
records, will be only used for identification of the person and not for any
other purpose.
5.
A five-judge Supreme Court bench on July 4, 2018 unanimously
held that the Lieutenant Governor (LG) of Delhi is bound by the “aid and
advice” of the Arvind Kejriwal-led Aam Aadmi Party (AAP) Government and both
have to work harmoniously with each other.
6. The Supreme Court
refused to put a stay on the Reserve Bank of India (RBI) circular prohibiting
banks and financial institutions from dealing in virtual currencies, thus
upholding the ban on the virtual currencies such as Bitcoin. With this ruling, all virtual currency transactions through
banks would be blocked with effect from July 6, 2018, thus, resulting in a ban.
7. The Department of
Environment's proposal for a real-time study of air pollution in the national
capital has approved by the Delhi Cabinet.
The project, to be completed within a period of 18 months from the date of
award of the study, has been granted to the Department of Energy, Environmental
and Chemical Engineering, the University of Washington in the US on nomination
basis.
8. The Rajasthan
government announced 1 percent reservation for five communities– Gujjar,
Banjara, Gadia-Lohar, Raika, and Gadariya– under the Most Backward Classes
(MBC) category. The move comes after
Gujjar leaders threatened to launch protests during PM Narendra Modi’s upcoming
Jaipur visit.
9. Gujarat government
decided to form a high powered committee that will offer solutions for imported
coal fired power plants that are underutilised due to viability issues. The committee chaired by former Supreme Court judge Justice RK
Agrawal will look into the possibility of “contribution by each stakeholder
including banks, project developers and procurers by way of concessions for mitigating
hardship”. The committee will be assisted by SBI Capital Markets Ltd and NTPC
Ltd.
10. The continuance of 8
existing schemes of Ministry of Home Affairs for relief and rehabilitation of
migrants and repatriates upto March 2020 under Umbrella scheme Relief and
Rehabilitation of Migrants and Repatriates has approved by the Union Cabinet. The 8 schemes are i) Central Scheme for Assistance to Civilian
Victims, Family of Victims of Terrorist, Communal, LWE Violence and Cross
Border Firing and Mine and IED blasts on Indian Territory ii) Rehabilitation of
Bru and Reang families from Tripura to Mizoram iii) Grant-in-Aid to Tripura
Government for maintenance of Brus lodged in relief camps of Tripura iv) Grant
of enhanced relief of Rs. 5.00 lakh per deceased person, who died during 1984
Anti-Sikh Riots v) Grant-in-Aid to Central Tibetan Relief Committee (CTRC) for
5 years for administrative and social welfare expenses of Tibetan settlements
vi) Central Assistance for one-time settlement of displaced families from Pak
Occupied Jammu and Kashmir (PoJK) and Chhamb settled in J&K vii) Relief
assistance to Sri Lankan refugees staying in camps in Tamil Nadu and Odisha
viii) Rehabilitation Package and up-gradation of infrastructure of Bangladeshi
Enclaves and Cooch Behar District after transfer of enclaves between India and
Bangladesh under Land Boundary Agreement (LBA). The schemes will provide relief
and rehabilitation assistance to refugees, displaced persons, civilian victims
of terrorist, communal, Left Wing Extremism (LWE) violence and cross border
firing and mine and IED blasts on Indian territory and riot victims of various
incidents etc.
11. The proposal of
renaming Agartala Airport in Tripura as ‘Maharaja Bir Bikram Manikya Kishore
Airport, Agartala was approved by the Union Cabinet. He is considered the father of modern architecture
in Tripura, as entire planning of present-day Tripura was initiated during his
rule. He was the king of Tripura from 1923 to 1947 before its merger with
India. Agartala Airport was constructed in 1942 on the land donated by Maharaja
Bir Bikram Manikya Kishore. Due to his initiative, an aerodrome at Agartala w as
constructed that has evolved as second busiest airport in North East and
provides crucial air connectivity to Tripura.
12. The creation of one
post each of Vice-Chairperson and Member in the National Commission for Safai
Karmacharis (NCSK) has approved by the Union Cabinet. At present, it has sanctioned strength of four members and a
chairperson. With these posts, sanctioned strength of NCSK will be one Chairperson,
one Vice-Chairperson and five members. NCSK is statutory body established under
National Commission for Safai Karamcharis Act, 1993.
13. India’s accession to
WIPO Copyright Treaty, 1996 and WIPO Performers and Phonograms Treaty, 1996
which extends coverage of copyright to the internet and digital environment has
approved by the Union Cabinet. The approval
is step towards objective laid in National Intellectual Property Rights (IPR)
Policy adopted by Government which aims to get value for IPRs through
commercialization by providing guidance and support to EPR (End Point
Royalties) owners about commercial opportunities of e-commerce through Internet
and mobile platforms.
14. The proposal for
expanding the scope of Higher Education Financing Agency (HEFA) by tasking it
to mobilise Rs 1,00,000 crore for Revitalizing Infrastructure and Systems in
Education (RISE) by 2022 approved by the Cabinet Committee on
Economic Affairs chaired by Prime Minister Narendra Modi on July 4, 2018. The proposal also called for enhancing the capital base of the
Higher Education Financing Agency to Rs 10,000 crore.
15. The National Mission
for Clean Ganga (NMCG) organised a workshop on ‘Collaboration for Ganga
Rejuvenation’ on July 5, 2018 in New Delhi on the occasion of the World Environment
Day 2018. The workshop paved way for
discussions over issues including the urgent need for International Cooperation
for integrated water management. During the event, DG, NMCG Rajiv Ranjan
Mishra while giving an overview of the Namami Gange programme, talked about the
paradigm shift that has been brought about by the use of the Hybrid Annuity
model in the waste water sector by NMCG.
16. Do It
Yourself (DIY)- an Online Guidance System for determining notifiability
of merger & acquisitions (combinations) in terms of the Competition Act,
2002 launched by the Competition Commission of India (CCI) on July 4,
2018. The online guidance system has been launched as part of CCI’s
outreach initiatives and measures to simplify compliance requirements regarding
combinations.
17. A list of fuels
permissible for industrial use within the National Capital Territory (NCT) of
Delhi notified by the Delhi Pollution Control Committee (DPCC)
a move which has been hailed by the Centre for Science and Environment (CSE). All existing industrial units and commercial establishments
who are currently using fuels that are not approved under the notification have
been asked to switch over to the approved fuels within 90 days.
18. A formal process to
empanel public and private hospitals to implement AB-NHPM, in order to achieve
universal health coverage launched by the National Health Agency (NHA),
the apex body for the implementation of Centre's ambitious Ayushman
Bharat-National Health Protection Mission (AB-NHPM). The main objective is to improve medical access for the most
vulnerable sections of the population and holistically address healthcare by
covering prevention, promotion and ambulatory care at primary, secondary and
tertiary levels.
International:
1. The 42nd World
Heritage Committee meeting concluded with 19 new sites inscribed to the World
Heritage List in Bahrain's capital Manama on July 4, 2018. The World Heritage List now contains 1,092 sites in 167
countries. The meeting, which opened on June 24, added 13 cultural
sites, three natural sites and three mixed ones to the World Heritage List,
including Germany’s Naumburg Cathedral, Kenya’s Thimlich Ohinga Archaeological
Site, Oman’s Ancient City of Qalhat, China’s Mount Fanjingshan and France’s
Chaine des. The next session of the World Heritage Committee will be
held in Baku, capital of Azerbaijan.
Science and Technology:
1. Scientists from
several organizations in the US, including NASA, are planning to use
remote-operated submarines to hunt for the remains of an outer space object. The object splashed down into the Pacific Ocean on March 7,
2018. The Nautilus Research Ship of the non-profit group Ocean Exploration
Trust (OET) will aid in the scavenger hunt Digital trends.
2. The standing committee
of National Board for Wildlife (NBWL) has recently added four species into Centre’s Recovery
Programme for Critically Endangered Species on the recommendation by Wildlife
Division of Ministry of Environment and Forests and Climate Change (MoEFCC). The four species are namely Northern River Terrapin, Clouded
Leopard, Arabian Sea Humpback Whale and Red Panda.
3. The Coal Mine
Surveillance & Management System (CMSMS) and Mobile Application ‘Khan
Prahari’ launched by the Union
Minister of Coal, Railways, Finance & Corporate Affairs, Piyush Goyal. Khan Prahari is a tool for reporting any activity taking
place related to illegal coal mining like rat hole mining, pilferage etc.
The CMSMS is a web based GIS application through which location of sites for
unauthorised mining can be detected. It aims to report, monitor and take
suitable action on unauthorised coal mining activities.
Economy/Banking:
1. The extension of
scheme of recapitalization of Regional Rural Banks (RRBs) for next three years
(upto 2019-20) has approved by the Union Cabinet. The scheme of Recapitalization of RRBs was started in 2010-11
and was extended twice in the year 2012-13 and 2015-16. The last extension was
upto March 2017. This scheme will enable RRBs to maintain minimum prescribed
Capital to Risk Weighted Assets Ratio (CRAR) of 9%. This will facilitate
financial stability of RRBs and enable them to play greater role in financial
inclusion and meeting credit requirements of rural areas. It will ensure strong
capital structure and minimum required level of CRAR.
2. The IBBI (Insolvency
and Bankruptcy Board of India) notified the Insolvency and Bankruptcy Board of
India (Insolvency Resolution Process for Corporate Persons) (Third Amendment)
Regulations, 2018 revised norms for
insolvency resolution process paving the way for home buyers to seek relief as
financial creditors, detailing clear timelines to be followed by resolution
professionals and permitting withdrawal of insolvency applications, subject to
certain conditions.
Schemes:
1. ‘Sambal yojana’ -an
outstanding power bill waiver scheme and subsidised power scheme launched for
labourers and poor families by Madhya Pradesh state government on July 3, 2018.
The Below Poverty Line (BPL) families and registered
labourers of unorganised sector from the state would be provided electricity at
a cost of Rs 200 per month under this scheme. The beneficiaries will be
provided with power free of cost connection. People not using air-conditioners,
electric heaters and whose power consumption is below 1000 watts would be
eligible for this scheme. So far, around one crore 83 lakh workers are
registered under the scheme. In case the bill is lower than Rs 200,
beneficiaries will have to pay actual bill amount and if bill amount is
crossing Rs 200 then, difference amount will be subsidised by state government.
Appointments/ Resignations:
1.
Vishwas Patel was appointed as the new Chairman of Payments
Council of India (PCI). PCI also has
appointed Loney Antony, Managing Director, Hitachi Payment Services, as its new
co-Chairman. PCI is an apex non-governmental body representing companies in
payments and settlement system.
2.
Major General José Eladio Alcain of Uruguayan Army has appointed
as Head of Mission and Chief Military Observer for UN Military Observer Group
in India and Pakistan (UNMOGIP) by United Nations Secretary-General Antonio
Guterres. UNMOGIP has been established by UN
Security Council (UNSC) Resolution and started its operations in 1949. It has
been tasked with monitoring the ceasefire line or tasked with monitoring the
ceasefire line between nuclear-armed India and Pakistan in Jammu and Pakistan
in Jammu and Kashmir.
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Sports:
1. Indian Cricket
Jambawan Sachin Tendulkar has launched #KitupChallenge to encourage people to
start playing sports. As part of
the challenge, Tendulkar called upon the viewers to post a short video of
themselves on social media while getting ready to play a sport and use the
hashtag to nominate others in the process. Tendulkar’s new initiative
aims to promote overall fitness and encourage Indians to inculcate an active
lifestyle through the joy of playing sports. Posting a video of himself
putting on his cricketing gear and getting ready to play, Tendulkar asked the
viewers to take up a sport of their choice.
Please upload the compiled PDF of June month English CA mam.
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