Daily Current Affairs June 29

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs June 29. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

TO PURCHASE OUR BANKING AWARENESS (2021 Edition) – CLICK HERE

June 29| Daily Current Affairs 2023

Important Days – Daily Current Affairs June 29

1. When is National Statistics Day celebrated?
A) January 1
B) March 14
C) June 29
D) September 30
E) November 11
Answer: C) June 29

  • National Statistics Day is celebrated every year on June 29 in recognition of contributions made by Professor Prasanta Chandra Mahalanobis in the fields of statistics and economic planning.
  • Often referred to as the ‘father of Indian statistics’, Professor Mahalanobis is best known for the Mahalanobis distance, a statistical measure used to find the distance between a point and a distribution.
  • The theme of National Statistics Day, 2023 is “Alignment of State Indicator Framework with National Indicator Framework for Monitoring Sustainable Development Goals”.
  • Indian government designated 29th June as National Statistics Day in recognition of the contributions made by Prasanta Chandra Mahalanobis in the fields of statistics and economic planning on June 5, 2007.
  • The first National Statistics Day was celebrated on June 29, 2007.
  • Professor Mahalanobis was part of the first planning commission of India and was instrumental in establishing the Indian Statistical Institute (ISI) in 1931.

International Day of the Tropics

  • The International Day of the Tropics is observed on June 29, every year by highlighting the extraordinary diversity of the tropics while highlighting the unique challenges and opportunities nations of the Tropics face.

History:

  • The first-ever State of the Tropics Report was launched on June 29, 2014, as the result of a collaboration among twelve prominent tropical research institutions.
  • To commemorate the anniversary of the report’s release, the United Nations General Assembly passed resolution A/RES/70/267 in 2016.
  • This resolution designates June 29 of each year as the International Day of the Tropics, to be observed globally.

Ranking – Daily Current Affairs June 29

2. Which organization ranked India at the 67th place on its Energy Transition Index?
A) International Energy Agency (IEA)
B) United Nations Development Programme (UNDP)
C) World Trade Organization (WTO)
D) World Economic Forum (WEF)
E) International Monetary Fund (IMF)
Answer: D) World Economic Forum (WEF)

  • Released by: World Economic Forum (WEF) + Accenture
  • Countries: 120
Rank Country
1 Sweden
2 Denmark
3 Norway
4 Finland
5 Switzerland
67 India
Titbits

World Economic Forum:

Headquarters: Cologny, Switzerland
Founded: January 1971
Executive Chairman : Klaus Schwab


Banking and Finance – Daily Current Affairs June 29

3. How much loan will the World Bank provide for the Himachal Power Sector Development Program?
A) USD 100 million
B) USD 150 million
C) USD 200 million
D) USD 250 million
E) USD 300 million
Answer: C) USD 200 million

  • The World Bank will provide USD 200 million (about Rs 1,600 crore loan) to finance the Himachal Power Sector Development Program to bring improvements in renewable energy integration in the state.
  • With the addition of state equity, the total outlay for the programme would be Rs 2,000 crore and the World Bank funding is expected to be available by August 2023 for a duration of five years up to 2028.
  • The Programme also aimed at installing new capacities of about 200 MW in solar generation through Himachal Pradesh Power Corporation Limited (HPPCL) and Himachal Pradesh Energy Development Agency (HIMURJA).
  • It will also focus on strengthening the power network within the state and transmission by HPPTCL (Himachal Pradesh Power Transmission Corporation Ltd) and distribution by HPSEBL (Himachal Pradesh State Electricity Board) in 13 towns for optimal trading to meet the demand.
  • The programme would strengthen the environmental and social systems applicable to the state’s power sector for better monitoring and evaluation of these aspects.
  • It will help the state to develop a uniform environment and social policy and procedures for the power sector utilities and provide benchmarks for the sustainable development of renewable energy.
Titbits

World Bank:

Founded: 1944
Members: 189 countries (IBRD), 173 countries (IDA)
Headquarters: Washington D.C, US
President: Ajay Banga

Himachal Pradesh:

Capital : Shimla
CM :Sukhvinder Singh Sukhu
Governor : Shiv Pratap Shukla


4. Which bank has collaborated with NPCI to introduce the facility of linking RuPay Credit Card to UPI apps?
A) State Bank of India
B) HDFC Bank
C) Axis Bank
D) Kotak Mahindra Bank
E) ICICI Bank
Answer: D) Kotak Mahindra Bank

  • Kotak Mahindra Bank, in collaboration with National Payments Corporation of India (NPCI), has introduced the facility of linking its RuPay Credit Card to UPI (Unified Payments Interface) apps.
  • Customers of Kotak Mahindra Bank can transact through UPI apps like Google Pay, PhonePay, and Paytm, following the linkage. They can choose from seven RuPay credit cards and scan QR codes or initiate transaction on POS (Point of Sale) throughout the country.
  • Kotak RuPay Credit Card-UPI linkage will also provide customers with rewards and an interest-free credit period of up to 50 days.
Titbits

Kotak Mahindra Bank:

Headquarters : Mumbai, Maharashtra
MD and CEO :Udaykotak
Tagline : Let’s make money simple, Ab Kona KonaKotak


Appointments – Daily Current Affairs June 29

5. Who has been appointed as the Chief Secretary of Kerala?
A) Dr V Venu
B) Dr Suresh Kumar
C) Dr Rajesh Kumar
D) Dr Anil Kumar
E) Dr Vinod Kumar
Answer: A) Dr V Venu

  • IPS officer Dr Shaik DarveshSaheb (Kerala cadre of IPS officer from the 1990 batch) was appointed as the new Director General of Police (DGP) of Kerala.
  • Also, the Kerala government appointed Dr V Venu, Additional Secretary of Home Department as the Chief Secretary of the state.
  • They will be replacing V P Joy and Anil Kant who are retiring from service on June 30 respectively.

Tamil Nadu gets new Chief Secretary, DGP

  • Tamil Nadu government named seasoned bureaucrat Shiv Das Meena and senior police officer Shankar Jiwal as the Chief Secretary and Director General of Police respectively.
  • They will succeed V IraiAnbu and C SylendraBabu who will retire from service.
  • IraiAnbu and Babu were appointed to their respective posts in May and June 2021 after the DMK government assumed office.
Titbits

Kerala:

Capital : Thiruvananthapuram
CM :PinarayiVijayan
Governor :Arif Mohammed Khan

Tamil Nadu:

Capital : Chennai
CM :MuthuvelKarunanidhi Stalin
Governor : RN Ravi


Awards – Daily Current Affairs June 29

6. Who has been named among the 2023 list of ‘Great Immigrants’?
A) Ajay Banga
B) Jeff Bezos
C) Elon Musk
D) SundarPichai
E) Satya Nadella
Answer: A) Ajay Banga

  • President of the World Bank Ajay Banga has been named among the 2023 list of ‘Great Immigrants’ that honours individuals who have strengthened America through their contributions.
  • The list is curated by the philanthropic organisation in New York, Carnegie Corporation.
    Popular Chilean actor and star of HBO’s drama series ‘The Last of Us’, Pedro Pascal, is also one of the honourees, as well as Vietnamese born actor KeHuyQuan, who won an Oscar this year for Best Supporting Actor in ‘Everything Everywhere All At Once’.
  • Ajay Banga, in June 2023, became the first Indian American to lead World Bank. He is the only Indian in this year’s list.
  • The World Bank President started his career in India and spent 13 years at Nestle India and 2 years at PepsiCo. He joined Citigroup in 1996, moving on to eventually lead the Asia-Pacific region as CEO. He moved to the US and served as the president and CEO of Mastercard for 12 years.
  • Banga has been awarded with the Padma Shri, apart from Foreign Policy Association Medal, and the Ellis Island Medal of Honour.
  • This year’s list honoured 35 individuals from 33 countries across backgrounds and work as educators, mentors, philanthropists, job creators, public servants, storytellers, and advocates.
  • Every Fourth of July, which is celebrated as America’s Independence Day, the Carnegie Corporation of New York honours a group of “remarkable” Americans — all naturalised citizens — “who have enriched and strengthened our nation and our democracy through their contributions and actions”.
  • This year’s honourees include Vietnamese-born Academy Award-winning actor KeHuyQuan, Chilian-born actor Pedro Pascal, Director-General of World Trade Organization Nigerian-born NgoziOkonjo-Iweala, US Congressman Ted Lieu who was born in Taiwan, Grammy Award-Winning Singer and UNICEF Goodwill Ambassador AngéliqueKidjo who was born in Benin, Polish-born Professor Emeritus of Chemistry, Cornell University and Nobel Laureate Roald Hoffmann and Guido Imbens, born in the Netherlands and Professor of Economics, Stanford University, and Nobel Laureate.

7. Who honoured 101-year-old Sikh WWII veteran Rajindar Singh Dhatt with the Points of Light award?
A) British Prime Minister Boris Johnson
B) Indian Prime Minister Narendra Modi
C) US President Joe Biden
D) Canadian Prime Minister Justin Trudeau
E) UK Chancellor Rishi Sunak
Answer: E) UK Chancellor Rishi Sunak

  • British Prime Minister Rishi Sunak has honoured Rajindar Singh Dhatt, one of the last surviving Sikh soldiers who fought in the Second World War with a Points of Light honour at a UK-India Week reception at 10 Downing Street.
  • Mr. Dhatt, 101, was recognised on June 28 for his service and his work running the “Undivided Indian Ex-Servicemen’s Association” to help bring together British Indian war veterans.
  • Mr. Dhatt, based in Hounslow in southwest London since 1963, was born in pre-Partition India in 1921 and fought with the Allied forces during the British colonial period.
  • Dhatt had joined the British Indian Army during the Second World War and excelled up the ranks, being promoted to Havildar Major (Sergeant Major) in 1943.
  • According to Downing Street, the Points of Light recognise outstanding people whose service is making a difference in their communities and whose stories can inspire others towards innovative solutions to social challenges in their own communities and beyond.

Science and Technology – Daily Current Affairs June 29

8. Which organization conducted the test firing of a probe rocket?
A) French Space Agency (CNES)
B) French Ministry of Defence
C) European Space Agency (ESA)
D) French General Armaments Directorate (DGA)
E) French Aerospace Industries Association (GIFAS)
Answer: D) French General Armaments Directorate (DGA)

  • The French General Armaments Directorate (DGA) carried out a test firing of a probe rocket from the Biscarosse DGA missile tests site.
  • This rocket carried the VMaXhyperspeed glider demonstrator.
  • This first demonstrator contained many on-board technological innovations.
  • Its flight test, on a very demanding long-range trajectory, constituted an unprecedented technical challenge which prepares the future of our national hypervelocity roadmap.
  • High-speed ground vehicles (HGVs) can reach extraordinary velocities of up to Mach 20 with the help of rocket boosters.
  • V-MaX, or VéhiculeManoeuvrantExpérimental or experimental maneuvering vehicle to give it its full name, allegedly can exceed Mach 5, or 3,730 mph (6,000 kph).
  • In 2019, the French government awarded the contract to create a glide vehicle to the aerospace company ArianeGroup.
  • Hypersonic gliders are specifically created to transport either a nuclear or conventional warhead.
  • Unlike ballistic missiles, which have a predetermined trajectory upon launch, hypersonic gliders can maneuver at high velocities, enabling them to evade air defenses and alter their course when confronted with anti-air missiles.

International Affairs – Daily Current Affairs June 29

9. What is the term of Bangladesh’s membership in the Executive Council of UNESCO’s Intergovernmental Oceanographic Commission (IOC)?
A) 2021–2023
B) 2022–2024
C) 2023–2025
D) 2024–2026
E) 2025–2027
Answer: C) 2023–2025

  • Bangladesh has been elected as a member of the Executive Council of UNESCO’s Intergovernmental Oceanographic Commission (IOC) for the term 2023–25.
  • The election was held at the UNESCO Headquarters in Paris during the 32nd Assembly of the IOC.
  • Bangladesh’s election to this council manifests global recognition for Bangladesh’s initiatives, actions, and contributions to the multilateral fora to maintain a safe and secure maritime regime and ocean governance in the world.
  • Bangladesh hosted the 9th IOCINDIO meeting in Dhaka in March 2023 and the Indian Ocean Conference in May 2023.
Titbits

UNESCO:

Abbreviation: The United Nations Educational, Scientific and Cultural Organization
Founded: 1945
Headquarters: Paris, France
Director-General : Audrey Azoulay

Bangladesh:

Capital : Dhaka
Currency : Bangladeshi Taka
President: Mohammed Shahabuddin
Prime Minister: Sheikh Hasina


National Affairs – Daily Current Affairs June 29

10. How many products from Uttar Pradesh have received the Geographical Indication (GI) tag?
A) Three products
B) Five products
C) Seven products
D) Nine products
E) Eleven products
Answer: C) Seven products

  • The Geographical Indications Registry in Chennai has given tags to seven different products from Uttar Pradesh.
  • ‘AmrohaDholak’, ‘MahobaGauraPattharHastashlip’, ‘MainpuriTarkashi’, ‘Sambhal Horn Craft’, ‘Baghpat Home Furnishings’, ‘Barabanki Handloom Product’ and ‘Kalpi Handmade Paper’ are the products that been given the Geographical Indication (GI) tag.
  • The AmrohaDholak is a musical instrument made of natural wood. Mango, jackfruit and teakwood is preferred for making the dholak’s. Wood from mango and sheesham trees are used to carve the multiple sized and shaped hollow blocks, which are later fitted with animal skin, mostly goatskin, to create the instrument. The application for the
  • AmrohaDholak was filed by Artisans Welfare Society, Mohalla – Danishmandan, Amroha, Uttar Pradesh.
  • The application for Baghpat Home Furnishings was filed by the Directorate of Handloom and Textile Industries, Government of Uttar Pradesh and the Master Weavers Cooperative Society Limited. Baghpat and Meerut are famous for their exclusive handloom home furnishing product and running fabrics in cotton yarn since generations, and only cotton yarn are used in the handloom weaving process.
  • The Barabanki Handloom Product has also being bestowed with a GI tag. The Directorate of Handloom and Textile Industries, Government of Uttar Pradesh, along with BhartiyaBunkarSahkariSamiti Limited had filed the application for this product.
  • For Kalpi Handmade Paper, the application was filed by HashtNirmitKagajSamiti, Industrial Estate, Kalpi, Uttar Pradesh. Kalpi has historically been a centre of handmade paper manufacturing. Historical details available in the filing show that Munnalal ‘Khaddari’, a Gandhian, formally introduced the craft here in the 1940s, though many locals say that Kalpi’s association with paper-making dates further back into history.
  • The MahobaGauraPattharHastashlip is a stone craft. It is a very unique and soft stone with scientific name, the ‘Pyro Flight Stone’. Gaura stone craft is made of radiant white-coloured stone that is predominantly found in this region. It is cut into several pieces, which are then used for making various craft items.
  • MainpuriTarkash and Sambhal Horn Craft are the other two products that clinched the GI tag.
  • Tarkashi, a popular art form from Mainpuri in Uttar Pradesh, is primarily brass wire inlay work on wood. It was mainly used for khadaous (wooden sandals), a necessity for every household, since leather was considered unclean. And for the Sambhal Horn Craft, the raw material is procured from dead animals. They are completely hand-made.
Titbits

Uttar Pradesh:

Capital : Lucknow
CM : Yogi Adityanath
Governor :Anandiben Patel


11. Which Indian state has inked a deal with US chip maker Micron to set up India’s first semiconductor unit?
A) Maharashtra
B) Gujarat
C) Karnataka
D) Tamil Nadu
E) Telangana
Answer: B) Gujarat

  • The Gujarat government signed a Memorandum of Understanding (MoU) with the US-based computer storage chip maker Micron in a bid to set up a USD 2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
  • This will be the first semiconductor manufacturing facility in India.
  • The first chips will be manufactured within 18 months.
  • The Memorandum of Understanding was signed in Gandhinagar by Micron’s senior vice president Gurusharan Singh and the Gujarat government’s secretary, Science and Technology Vijay Nehra in the presence of Chief Minister Bhupendra Patel and Ashwini Vaishnaw.
Titbits

Gujarat:

Capital : Gandhinagar
CM :Bhupendra Patel
Governor : Acharya Dev Vrat

Micron Technology, Inc:

Headquarters: Boise, Idaho, United States
President & CEO: Sanjay Mehrotra


12. Who launched the JaganannaAmmaVodi Scheme?
A) Governor of Andhra Pradesh
B) Chief Minister of Andhra Pradesh
C) Minister of Education in Andhra Pradesh
D) Minister of Social Welfare in Andhra Pradesh
E) President of India
Answer: B) Chief Minister of Andhra Pradesh

  • Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy launched the ‘JaganannaAmmaVodi’ scheme for the fourth year, under which financial assistance of Rs 6,393 crore will be deposited into the bank accounts of 43 lakh beneficiaries, at Kurupam in ParvathipuramManyam district.
  • Spanning 10 days, AmmaVodi will be distributed in all the mandals benefiting more than 83 lakh students studying in classes 1 to 12 across the state.
  • Under the AmmaVodi scheme, eligible mothers who send their children to schools will receive Rs 15,000 financial aid to meet the educational expenses.
  • The state has credited a total of Rs 26,067 crore under JaganannaAmmaVodi scheme, including Rs 6,393 crore disbursal set in motion.
Titbits

Andhra Pradesh:

Capital : Visakhapatnam (executive), Amaravati (legislative), Kurnool (judicial)
CM: Y. S. Jaganmohan Reddy
Governor : Sri S. Abdul Nazeer


13. Who launched the new web portal “http://tnagriculture.in/mannvalam”?
A) Prime Minister of India
B) Chief Minister of Tamil Nadu
C) Minister of Agriculture in Tamil Nadu
D) Chief Secretary of Tamil Nadu
E) Governor of Tamil Nadu
Answer: B) Chief Minister of Tamil Nadu

  • In a first-of-its-kind initiative in the country, Chief Minister MK Stalin launched a new web portal – http://tnagriculture.in/mannvalam – to encourage farmers to use appropriate fertiliser for their land, knowing the type and quality of the soil.
  • With the help of the portal, the farmers can reduce the cultivation cost, increase the yield, and protect soil fertility.
  • The web portal provides soil classification of Tamil Nadu and has a map of surface soil texture across southern India and in particular parts of the state.
  • Through the portal, the soil texture in a particular area – like sand, loamy sand, sandy loam, sandy clay loam, clay loam, sandy clay, clay, rockland, miscellaneous land, water bodies, settlements, river/stream, etc – could be known.
  • The Chief Minister virtually inaugurated several new buildings for integrated agricultural extension centres, sub-agricultural extension centres, primary processing centres, godowns and sub-market committees with godowns, besides new buildings for the Tamil Nadu Agricultural University, constructed at various locations, at a total cost of ₹68.83 crore.
  • Mr. Stalin also virtually inaugurated three PeriyarNinaivuSamathuvapurams in Tiruvallur, Cuddalore and Tiruchi districts that have been renovated at a total cost of ₹3.12 crore.
  • He also virtually inaugurated new buildings for the Rural Development Department constructed at a total cost of ₹34.76 crore
  • Mr. Stalin also inaugurated 26 District ‘PoomalaiVanigaValagam’ (commercial complexes) constructed by the Tamil Nadu Corporation for Development of Women at a total cost of ₹5.16 crore.
  • He handed over loans to women self-help groups under the ‘VazhndhuKattuvom’ project
  • He handed over ₹15 lakh in financial assistance to ‘Team Sea Shakti’ of Kumaraguru College of Technology in Coimbatore, the only Indian team selected to take part in Monaco Energy Boat Challenge to create a hydrogen-powered boat aimed at commercialising the power system for the benefit of fishermen.

14. Which ministry launched the 8th edition of the World’s Largest Urban Cleanliness Survey?
A) Ministry of Health and Family Welfare (MoHFW)
B) Ministry of Environment, Forest and Climate Change (MoEFCC)
C) Ministry of Urban Development (MoUD)
D) Ministry of Housing and Urban Affairs (MoHUA)
E) Ministry of Social Justice and Empowerment (MoSJE)
Answer: D) Ministry of Housing and Urban Affairs (MoHUA)

  • The stage is all set for the 8th edition of world’s largest urban swachhata survey, SwachhSurvekshan 2023 – MeraShehar, Meri Pehchan.
  • Ministry of Housing and Urban Affairs (MoHUA) launched the Field Assessment for SwachhSurvekshan (SS) 2023.
  • Under SS 2023, around 3,000 assessors will take the field for assessment from 1 July, 2023.
  • The assessors will study performances of 4500+ cities across 46 indicators and it is expected to be completed within a month. Rolled out on 24 May, 2022,
  • SwachhSurvekshan 2023 champions Waste to Wealth and is curated towards processing and scientific management of waste.
  • Originally designed as a competitive monitoring tool, SwachhSurvekshan was introduced under the aegis of MoHUA in 2016, with an objective to sanitation, helping cities to achieve the goal of sustainable sanitation and waste management in a fast-track competitive manner.
  • A new third quarter for SwachhSurvekshan 2023 was introduced this year and the States/ cities geared up for the survey enhancing their activities and level of preparedness.
  • the fourth quarter is being launched from 1 July, 2023.
  • SwachhSurvekshan 2023 was rolled out on 24 May, 2022, with telephonic feedback from citizens on various parameters of city cleanliness. 8 years have reflected that the citizens’ perception and engagement is strong vis-à-vis clean neighbourhoods, clean drains, clean market areas, etc.
  • To bring in efficiency and transparency in sanitation survey, citizens’ feedback is collected via various channels – Vote For My City App, Vote For My City Portal, MyGov App, Swachhata App and QR Codes.

15. What did the cabinet approve regarding urea subsidy?
A) Rs 3.6 billion for one year
B) Rs 3.6 lakh crore for five years
C) Rs 3.6 lakh crore for three years
D) Rs 3.6 trillion for one year
E) Rs 3.6 billion for three years
Answer: C) Rs 3.6 lakh crore for three years

PM-PRANAM scheme gets CCEA approval to boost alternative fertilisers

  • The Union Cabinet Committee on Economic Affairs (CCEA) approved PM-PRANAM, which is aimed at incentivising states to use alternative, non-chemical fertilisers, and also decided to continue the current urea subsidy for three years starting FY23, with an outlay of Rs 3.68 trillion.
  • The CCEA also took two more decisions for the fertiliser sector — a Rs 1,451 crore subsidy to promote organic manure, and a decision to debut sulphur-coated urea (Urea Gold) to address sulphur deficiency in the soil and reduce urea use.
  • The subsidy on organic manure will take the total cost of package to over Rs 3.70 trillion.
  • PRANAM stands for Prime Minister’s Programme for Restoration, Awareness, Generation, Nourishment and Amelioration of Mother Earth).
  • PM-PRANAM was first announced in the 2023-24 Budget by the Union government.
  • On urea, continuation of the subsidy till 2025 will ensure constant availability of fertiliser to the farmers at the same price of Rs 242 per 45 kg bag, excluding taxes and neem-coating charges
  • The total urea subsidy of Rs 3.68 trillion for three years does not include Rs 38,000 crore approved for phosphatic and potassic (P&K) fertilisers in kharif of 2023-24.

Nano Urea eco-system strengthened

  • By 2025-26, eight Nano urea plants with production capacity of 44 Crore bottles equaling to 195 LMT of conventional urea will be commissioned.
  • Nano fertilizer releases nutrients in a controlled manner contributing to higher nutrient use efficiency and while costing less to the farmers. Application of Nano Urea has demonstrated increase in crop yield.

Market Development Assistance (MDA)

  • The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister, Shri Narendra Modi approved Rs. 1451.84 crore have been approved for for promoting Organic Fertilizers from Gobardhan Plants.
  • Under the scheme, a subsidy of Rs 1,500 per tonne will be provided to support the marketing of organic fertilisers — fermented organic manures (FOM)/ liquid FOM/ phosphate-rich organic manures (PROM) produced as by-products from biogas plants/ compressed biogas (CBG) plants set up under umbrella GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) initiative.

Introduction of Sulphur coated Urea (Urea Gold); to address sulphur deficiency of soil and save input costs for the farmers

  • Another initiative of the package is that the Sulphur coated Urea (Urea Gold) is being introduced in the country for the first time.
  • It is more economical and efficient than the currently used Neem coated urea.
  • It will also save input costs for the farmers and also raise incomes for farmers with enhanced production & productivity.

Pradhan MantriKisanSamruddhiKendras (PMKSKs) touches one lakh

  • About one lakh Pradhan MantriKisanSamruddhiKendras (PMKSKs) have already come up in the country.
  • For the convenience of farmers, the farm inputs are being provided as a one stop solution for all needs of farmers.

Fair and Remunerative Price (FRP) of sugarcane

  • Cabinet Committee on Economic Affairs has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October – September) at Rs 315 per quintal for a basic recovery rate of 10.25 percent.
  • It has also been approved to provide a premium of Rs 3.07 per quintal for each 0.1 percent increase in recovery over and above 10.25 percent, and reduction in FRP by Rs 3.07 per quintal for every 0.1 percent decrease in recovery.
  • FRP or the fair and remunerative price is the minimum price at which sugarcane is bought from farmers.
  • The FRP is recommended by the Commission of Agricultural Costs and Prices (CACP) to the government.


Over All Review

Important Days

  • National Statistics Day is celebrated every year on June 29. The International Day of the Tropics is observed on June 29.

Ranking 

  • India has secured the 67th position in the World Economic Forum’s (WEF) energy transition index.

Banking and Finance 

  • The World Bank will provide USD 200 million (aboutRs 1,600 crore loan) to finance the Himachal Power Sector Development Program to bring improvements in renewable energy integration in the state.
  • Kotak Mahindra Bank, in collaboration with National Payments Corporation of India (NPCI), has introduced the facility of linking its RuPay Credit Card to UPI (Unified Payments Interface) apps.

Appointments

  • IPS officer Dr Shaik DarveshSaheb (Kerala cadre of IPS officer from the 1990 batch) was appointed as the new Director General of Police (DGP) of Kerala.

Awards 

  • President of the World Bank Ajay Banga has been named among the 2023 list of ‘Great Immigrants’.
  • British Prime Minister Rishi Sunak has honoured Rajindar Singh Dhatt, one of the last surviving Sikh soldiers who fought in the Second World War with a Points of Light honour at a UK-India Week reception at 10 Downing Street.

Science and Technology

  • The French General Armaments Directorate (DGA) carried out a test firing of a probe rocket from the Biscarosse DGA missile tests site.

International Affairs

  • Bangladesh has been elected as a member of the Executive Council of UNESCO’s Intergovernmental Oceanographic Commission (IOC) for the term 2023–25.

National Affairs

  • The Geographical Indications Registry in Chennai has given tags to seven different products from Uttar Pradesh.
  • The Gujarat government signed a Memorandum of Understanding (MoU) with the US-based computer storage chip maker Micron in a bid to set up a USD 2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
  • Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy launched the ‘JaganannaAmmaVodi’ scheme for the fourth year.
  • In a first-of-its-kind initiative in the country, Chief Minister MK Stalin launched a new web portal – http://tnagriculture.in/mannvalam – to encourage farmers to use appropriate fertiliser for their land, knowing the type and quality of the soil.
  • Ministry of Housing and Urban Affairs (MoHUA) launched the Field Assessment for SwachhSurvekshan (SS) 2023.
  • The Union Cabinet Committee on Economic Affairs (CCEA) approved PM-PRANAM, which is aimed at incentivising states to use alternative, non-chemical fertilisers.

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs June 28

Our Products

  • Current Affairs Package ( 1 Year Validity ) – Click Here

  • All in One – 1 Year Subscription – Click Here

  • Banking Awareness Video Course – Click Here

  • Insurance Awareness Video Course – Click Here