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Daily Current Affairs PDF of 2nd August 2019
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CURRENT AFFAIRS: DAYS
World Wide Web Day
- World Wide Web Day is celebrated on August 1st every year.
- It is a global celebration dedicated to web browsing, the online activities that bring the world at our fingertips and a wealth of knowledge at our feet.
CURRENT AFFAIRS: NATIONAL
Government to soon notify constitution of National Traders’ Welfare Board to help small traders
- The commerce and industry ministry will soon notify the constitution of a National Traders’ Welfare Board that will identify ways to improve access to funds for this unorganised sector and suggest measures to simplify acts and rules applicable to traders.
- The board will also make recommendations to reduce the compliance burden of traders as well as to ensure social security benefits such as insurance, pension, and healthcare for traders and their employees.
- The government in January renamed the department of industrial policy and promotion (DIPP) as the department for promotion of industry and internal trade (DPIIT), giving it the additional responsibility of welfare of traders and their employees.
- The DPIIT has also started consultation for the National Retail Policy to streamline retail trade in India by enhancing their ease of doing business.
- A mega pension scheme under which all shopkeepers, retail traders, and self-employed persons are guaranteed a monthly pension of₹3,000 once they attain the age of 60 years.
Government to set up JV firm ‘Khanij Bidesh India’ to ensure strategic minerals supply
- To ensure a consistent supply of critical and strategic minerals to the domestic market, the government announced setting up a JV company with participation of three PSUs — Nalco, Hindustan Copper and MECL.
- A joint venture company namely KhanijBidesh India Ltd (KABIL) is to be set up with the participation of three central public sector enterprises namely, National Aluminium Company Ltd (Nalco), Hindustan Copper Ltd (HCL) and Mineral Exploration Company Ltd (MECL).
- The equity participation between NALCO, HCL and MECL is in the ratio of 40:30:30.
CURRENT AFFAIRS: STATES
Maharashtra government decides to waive off exam fees
- Maharashtra Government has decided to waive off the entire exam fees, including practical exam for class ten and twelve students hailing from drought-affected districts of the state.
- Maharashtra’s education minister Mr.Ashish Shelar informed that the amount of the entire fee will be credited back into the bank accounts of students or their guardians.
| USEFUL INFO | |
| Maharashtra Capital | Mumbai |
| CM | Devendra Fadnavis |
| Governor | Chinamani VidyasagarRao |
CURRENT AFFAIRS: MOU
India extends $500,000 assistance to Gambia for skill development, cottage industry projects
- India extended an assistance of USD 500,000 to the Gambia in support of skill development and cottage industry projects in the West African country as President Ram NathKovind held wide-ranging talks with his Gambian counterpart Adama Barrow.
- President Kovind, who arrived in Banjul on the second leg of his three-nation tour, conveyed to the Gambian President India’s deep commitment to enhance its traditional ties with the Gambia and contribute to its development.
- It is the first-ever state visit to the Gambia by an Indian President.
- India and the Gambia signed a Memorandum of Understanding on cooperation in the field of traditional systems of medicine and homeopathy.
- This will open up new opportunities of collaboration between the two countries on solar energy and help in combating climate change.
- India also agreed to offer training in the fields of judiciary, police, administration and technical expertise, as per the request and in line with the priorities of the African country.
| USEFUL INFO | |
| Gambia Capital | Banjul |
| Gambia Currency | Gambian dalasi |
| Gambia President | Adama Barrow |
CURRENT AFFAIRS: BANKING AND FINANCE
Crisil cuts India’s GDP growth to 6.9% from 7.1% for FY20
- Crisil cut the gross domestic product (GDP) growth estimate for India by 0.2 percentage points for FY20.
- The rating agency’s cut to 6.9 percent from 7.1 percent comes amidst slowing global growth and weak monsoon recorded in the country in June.
- This was published in the report of CRISIL titled ‘Uphill Trek.’. The report mentioned that India’s GDP had grown at an impressive 8.2% in fiscal 2017.
Postal dept decides to convert India Post Payments Bank to a SFB
- The postal department said it has decided to convert the India Post Payments Bank into a small finance bank, enabling it to offer small loans to customers.
- Besides, the department looks to open one crore accounts for IPPB in 100 days.
- The decisions were taken at the annual Heads of Circles Conference held at Srinagar in Jammu and Kashmir from July 29-31, 2019 to adopt a 100-day action plan and a five-year vision to align the Department of Posts with the Prime Minister’s “New India” initiative.
- The decision included “Converting the India Post Payments Bank (IPPB) into a Small Finance Bank (SFB) to provide micro credit at the doorsteps to individuals and SME’s.
- India Post will partner with Common Service Centre to provide a suite of citizen centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices.
Eight core sectors growth drops to 0.2% in June
- Growth of eight core industries dropped to 0.2 per cent in June mainly due to a contraction in oil-related sectors as well as in cement production
- The eight core sector industries – coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity – had expanded by 7.8 per cent in June last year.
- crude oil output contracted by 6.8 per cent while the refinery segment de-grew by 9.3 per cent
- The cement output declined by 1.5 per cent.
- the production of fertilisers grew by 1.5 per cent.
- Steel production increased by 6.9 per cent and electricity production increased by 7.3 per cent during the month under review.
- During April-June, the eight sectors grew by 3.5 per cent compared to 5.5 per cent in the same period last year.
CURRENT AFFAIRS: APPOINTMENTS AND RESIGNATION
Rakesh Asthana Given Additional Charge of Director General of Narcotics Control Bureau
- Director General of Civil Aviation Security Rakesh Asthana has been given the additional charge of the Narcotics Control Bureau.
- The Appointments Committee of Cabinet headed by Prime Minister Narendra Modi approved for “entrustment of the additional charge of the post of Director General Narcotics Control Bureau” to Asthana for next six months or till a new incumbent is appointed.
CURRENT AFFAIRS: AWARDS
Ruhan Rajput honoured with ‘Entrepreneur of the Year Award, 2019’
- Ruhan Rajput, a renowned entrepreneur, co-founder and Director of Einfolge Technologies Pvt Ltd was awarded with the prestigious Entrepreneur Award 2019 at JW Marriot Hotel, New Delhi
- He won award in the category of ‘Entrepreneur of the Year in Service Business – BPO/KPO’
- His company Einfolge Technologies Pvt Ltd is one of the leading players in knowledge process outsourcing (KPO) industry.
- The company operates to provide comprehensive research, analysis and expert solutions to its clients.
DD News channel bagged Champions of empathy award
- DD News(Doordarshan)news channel of India awarded “Champions of Empathy Award” . The award is given for spreading awareness about hepatitis.
- Mayank Agrawal, Director General of DD News received the Award from Lok Sabha Speaker Om Birla.
- The main responsibility of DD News is make people aware about various diseases and preventions by showing health-related programs, reports, and policies that help to spread awareness towards health in society.
CURRENT AFFAIRS: SUMMITS AND CONFERENCE
Bangkok hosts ASEAN Foreign Ministers meeting
- The 52nd edition of the ASEAN Foreign Ministers’ Meeting (AMM)/ Post Ministerial Conferences (PMCs) and Related Meetings began in Bangkok, Thailand on July 30, 2019 and the event will conclude on August 3, 2019.
- The meeting will discuss progress of ASEAN based on Thailand’s Chairmanship theme of “Advancing Partnership for Sustainability”
- The meeting is being attended by Foreign Ministers and representatives from more than 30 countries including Dialogue Partners, Sectoral Dialogue Partners, Development Partners and Guest of the Chair.
- The meeting will also discuss preparations for the 35th ASEAN Summit, which will be held in November 2019.
Om Birla to lead delegation in 4th South Asian Speaker’s Summit in Maldives
- A parliamentary delegation led by LokSabha Speaker Om Birla will visit the Maldives to participate in the 4th South Asian Speaker’s Summit scheduled to be held on September 1 and 2.
- The summit will be held in Male and the theme of the event is “Achieving Sustainable Development Goals”. It will be jointly organised by Inter-Parliamentary Union (IPU) and the Maldivian Parliament.
- The last three summits were held in the Parliaments of Bangladesh (2016), India (2017) and in Sri Lanka (2018).
- Apart from India, presiding officers of parliaments of Afghanistan, Bangladesh, Bhutan, Myanmar, Nepal, Pakistan, Sri Lanka and the Maldives are also a part of the forum.
CURRENT AFFAIRS: SPORTS
Aishwary wins gold at SardarSajjan Singh Sethi memorial shooting
- In Shooting, AishwaryPratap Singh Tomar clinched a yellow metal in Men’s Rifle 3 Positions (3P) at 12th SardarSajjan Singh Sethi Memorial Masters competition in New Delhi.
- Meanwhile, multiple International Shooting Sport Federation medallist and the country’s most accomplished 3P shooter Sanjeev Rajput, had to be satisfied with a silver, finishing. India international Parul Kumar settled for the bronze.
TinjitDhanota of Punjab and Esha Singh of Telengana won the Men’s and Women’s 10 metres Air Pistol gold medals.
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