Daily News

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World Bank approves USD 500 Million to improve quality of education system in 6 Indian states

The World Bank has approved USD 500 million (about Rs 3,700 crore) loan to improve quality and governance of school education in six Indian states. The board approved the loan for Strengthening Teaching-Learning and Results for States Program (STARS).

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6 States- HP, Kerala, MP, Maharashtra, Odisha, and Rajasthan.

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IMF approves an emergency financial assistance worth USD 356.5 million for Myanmar

The IMF Executive board has approved an emergency financial assistance worth 356.5 million dollars for Myanmar to address challenges posed by the COVID 19 pandemic. Assistance is approved under the Rapid Credit Facility and Rapid Financing Instrument.

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Myanmar Capital- Naypyitaw, Currency- Kyat.

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China, Pak sign deal over hydel power project under CPEC worth $2.4 billion in Pakistan Administered Kashmir

A tripartite agreement was signed between a Chinese company & the government of Pakistan and China for construction of a 1,124-megawatt hydropower project at Kohala on the Jhelum river at a cost of $2.4-b. It is Pakistan’s biggest-ever foreign investment.

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Pakistan PM- Imran Khan; Chinese President- Xi Jinping.

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Malawi opposition leader Lazarus Chakwera wins historic poll rerun

Malawi's opposition leader Lazarus Chakwera has won the country's rerun presidential vote. He defeated incumbent Peter Mutharika with 58.57% of the vote. It is the 2nd African nation to annul a presidential election over irregularities after Kenya in 2017.

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Malawi Capital- Lilongwe; Currency- kwacha.

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Bengaluru in world's top 30 start-up ecosystem list: GSER Report

According to ‘GSER 2020; the New Normal for the Global Start-up Economy and the Impact of COVID-19’ report released by Start-up Genome, Bengaluru has become the only city in the country to be included in the world’s top-30 start up ecosystem ranking.

Did you Know

Bengaluru - 26th rank, First Rank- Silicon Valley in California.

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SIDBI sets up fund to facilitate free onboarding of MSMEs on TReDS platform

SIDBI has set up ‘Swavalamban Crisis Responsive Fund’ to support free onboarding for micro, small and medium enterprises (MSMEs) on trade receivables discounting system (TReDS). The free onboarding of MSMEs would be available till September-end.

Did you Know

Fund target to onboard 10,000 MSMEs during the period.

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Indian Navy inducts Advanced Torpedo Decoy System ‘Maareech’

Anti - Submarine Warfare capability of the Indian Navy has received a major boost with the conclusion of a contract for Advanced Torpedo Decoy System Maareech capable of being fired from all frontline warships. DRDO labs developed this system.

Did you Know

BEL will undertake the production.

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Culture Ministry to celebrate Sankalp Parva from June 28-July 12

The Union Ministry of Culture has announced that on the call of Prime Minister Narendra Modi, the Ministry has decided to celebrate a 2-week long tree plantation campaign called ‘Sankalp Parva’ from 28th June to 12th July 2020.

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Minister of State for Tourism and Culture- Prahlad Singh Patel.

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IKDRC, Ahmedabad commissions fully automated liquid oxygen tank

In Gujarat, the Institute of Kidney Diseases and Research Centre, Ahmedabad has commissioned a fully automated liquid oxygen tank in its premises. The institute started releasing uninterrupted oxygen supply in hospital wards from a 10000 ltr capacity tank.

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Director of IKDRC- Dr. Vineet Mishra.

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MSME comes out with consolidated notification for classification and registration

MSME has come out with a consolidated notification in the form of guidelines for classification and registration of MSMEs. As per the notification, an MSME will be known as Udyam and the registration process will be known as Udyam Registration.

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MSME Minister- Nitin Gadkari.

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MP govt to launch ‘Kill Corona’ campaign from July 1

Madhya Pradesh government will launch a 'Kill Corona' campaign from July 1 to control the spread of coronavirus in the state. Under the campaign, a door-to-door survey will be conducted, and tests would also be done on citizens for other diseases.

Did you Know

MP Chief Minister- Shivraj Singh Chouhan.

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29 June: National Statistics Day

National Statistics Day to commemorate the birth anniversary of PC Mahalanobis, often referred to as the ‘father of Indian statistics’, is celebrated on 29 June. ‘Good Health & Well Being & Gender Equality’ is the theme for National Statistics Day 2020.

Did you Know

The first Statistics Day was observed on June 29, 2006.

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29 June: International Day of the Tropics

The International Day of the Tropics is observed on 29 June to celebrate the diversity of the tropics while highlighting unique challenges & opportunities nations of the Tropics face. The inaugural State of the Tropics Report was launched on 29 June 2014.

Did you Know

12 leading tropical research institutions launched the report.