Monthly Current Affairs-July 2020

KK Venugopal
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Current Affairs is an important section to cover if one wish to appear in any kind of competitive exams like APSC, UPSC, all state civil service exams, Railway exams, SSC, RRBs, IAS, ACS, all Government job exams, TET, CTET and different banking exams like IBPS, SBI PO, SBI Clerk , RBI etc. We have covered the latest Monthly Current Affairs- July 2020. Visit our page regularly to get the latest informations and get updated and prepared for your exams.

1. Re-establishment of Pharmacopoeia Commission approved

The Union Government on June 3, 2020 approved the re-establishment of the Pharmacopoeia Commission for Indian Medicine & Homeopathy. The commissioned will be set up as a subordinate officer under the AYUSH Ministry.

Objective of the Commission

The Commission will prevent duplication and overlapping of drug standardization work. It will also ensure opimal utilisation of resources

Key Points

  • The Pharmacopoeia Laboratory for Indian Medicine(PLIM) and Homeopathic Pharmacopoeia Laboratory(HPL) will be merged into the Pharmacopoeia commission. The two central laboratories were established in Ghaziabad in 1975.
  • The merger will help to develop the standards of AYUSH drugs and publication of pharmacopoeias and formularies.
  • The quality of Unani, Ayurveda, Siddha and Homeopathy medicine can be controlled.
  • After the re-establishment, the Commission will have adequate administrative structure under the Ministry which will help in boosting the capacity and outcomes of pharmacopoeial work, preventing duplication and overlapping of drug standardisation work and optimal utilisation of resources.
  • The merger will optimize the use of infrastructural facilities, technical man power and financial resources of the three organizations.

2. Union Cabinet forms Empowered group of secretaries

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The Union cabinet on June 3, 2020 forms the “Empowered group of secretaries” in an attempt to make India an investor-friendly nation. The Cabinet meeting was chaired by Prime Minister Narendra Modi.

Objective of the EGoS

To encourage both foreign and domestic investments and to ensure more investments in India.

Key points

  • The group will be chaired by the Cabinet Secretary. It will consists of members from NITI Aayog, revenue department secretary, secretary of economic affairs, Secretary of department of promotion of Industries etc.
  • Project Development cells will be set up will be that will handhold projects concerning their ministries and facilitate land acquisition.It will act as a coordination between the State Government and Central Government.
  • The group will ensure clearances of different departments and ministries on time.
  • The group will support global investors in their investment in India.

3. Biocon Chairman Kiran Mazumder Shaw gets EY World Entrepreneur of the Year Award

Kiran Mazumdar Shaw wins the EY World Entrepreneur of the Year Award 2020 at a virtual award ceremony held on 4th June, 2020. Kiran won this award for her contribution in improving universal access to affordable life-saving medicine. The Biocon Chairperson bagged the award from amongst 46 entrepreneurs from 41 countries and territories.She is the first women entrepreneur from India and third Indian to win this award. Kiran became the second women worldwide to hold this prestigious title after Olivia Lum of Hyflux Limited, Singapore. Olivia won the EY World Entrepreneur of the Year Award in 2011.

About Kiran Mazumdar Shaw

current affairs Kiran Mazumdar Shaw
Kiran Mazumdar Shaw

Kiran Mazumdar Shaw is an Indian entrepreneur. She was born on 23rd September, 1953. Kiran Mazumder is the Executive Chairperson and Managing Director of Biocon Ltd. She founded Biocon Ltd in 1978 with just two employees. From its inception, Biocon has grown into a strongest innovation-driven biotechnology company with 11000 plus employees at present. Biocon and its subsidiaries brought smiles in millions of faces by providing insulins at affordable rate. It also provides affordable biosimilars to millions of people battling with cancer, rheumatoid arthritis and other debilitating diseases. Biocon is also undergoing some trails with it’s existing novel biologic drug Itolizumab for treating some Covid-19 related health conditions in India.

Kiran Mazumdar Shaw’s other Awards

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  • Padmashree(1989)
  • Padmabhushan(2005)
  • EY Best Entrepreneur :Healthcare & Life Sciences Award in 2002.
  • Indian Chamber of Commerce Lifetime Achievement Award(2005)
  • ‘Corporate Leadership Award’ by the American India Foundation(2005)
  • The Indian Merchants’ Chamber Diamond Jubilee Endowment Trust’s Eminent Businessperson of the Year award, 2006.
  • Express Pharmaceutical Leadership Summit Award for Dynamic Entrepreneur in 2009.
  • The Nikkei Asia Prize(2009) for regional growth.
  • Othmer Gold Medal (2014) for outstanding contributions to the progress of science and chemistry.
  • EY Entrepreneur of the Year India 2019 Award in February, 2020

4. India to host AFC Women’s Cup to be held in 2022

The Asian Football Confederation announced that India will host the Women’s Asian Cup to be held in 2022.

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Key Points

  • The Asian Football Confederation was formed in 1954.
  • The AFC consist of 43 member countries.
  • The headquarter of the confederation is in Kuala Lumpur, Malaysia.
  • The All India Football Federation (AIFF) was formed in 1937.
  • This is the first time India is going to host the tournament since 1979.
  • The tournament is to be held in 2022.
  • The All India Football Federation received the hosting rights from The Asian Football Confederation.
  • The Indian team won bronze in 1981 and finished twicw as runners in 1980 and 1983.

5. The Spandan Campaign

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The Chattisgarh Government launched Spandan Campaign for their Police personals. The move was taken after reports of suicide and fratricide rose in the state within last two years. Around 50 suicide cases of police personals were reported. Besides this 6 ITBP personals were killed at an incident of fratricide.

Aims of the Campaign

The aim of the campaign is to contain incidents of fratricide and suicide among police personals.

How will be Spandan implemented ?

  • Interactive programmes and Counselling sessions will be conducted to check mental state and depressions of the police personals.
  • Music and Yoga therapies will be arranged for them.
  • The problems of police personals will be monitored through a mobile application.
  • Senior police officers will visit police stations, police lines and armed force companies and try to learn about the problems being faced by the personals on duty.

6. Union Government notifies two ordinances for Agri reforms.

The Government of India notified two ordinance related to agricultural reforms. The President of India has promulgated the two ordinances with an aim to give a boost rural to India for farmers engaged in agriculture and allied activities.

The Farmers’ Produce Trade and Commerce(Promotion and Facilitation) Ordinance 2020

Farmers in India at present are facing various restriction in marketing their agricultural produce. This ordinance will prove to be a historic step in unlocking the vastly regulated agricultural markets in the country. The farmers will have more options , reduce market price and will get better price for their products.

Aims and Objectives

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  • The Ordinance aims to promote barrier free inter-State and intra-State trade in Agricultural produce.
  • It aims to create additional trading opportunities outside APMC market yards and help farmers get remunerative prices due to additional competition.
  • The ordinance will open up ways of implementing the idea of One India, One Agricultural Market.

The Farmers’ (Empowerment and protection) Agreement on Price Assurance and Farm Services Ordinance 2020

This is the second ordinance related to corporate farming. The freedom of farmers should be of paramount importance. It is of utmost necessity that the farmers are given freedom to engage with sponsors of their choice. The ordinance will provide for a national framework on farming agreements that protects and empowers the farmers.

Aims and Objectives

  • The Farmers’ (Empowerment and protection) Agreement on Price Assurance and Farm Services Ordinance 2020 aims to empower farmers to engage with processors, aggregators, whole sellers, large retailers and exporters through advance agreements on pre-agreed prices.
  • It will reduce cost of marketing and and improve income of farmers.
  • It will will transfer the risk of market unpredictability from the farmer to the sponsor and also enable the farmer to access modern technology and better inputs.

7. India launches its first Online Waste Exchange

On the occasion of World Environment Day, Andhra Pradesh Government launched the first online Waste Exchange programme. Andhra Pradesh has a big numbers of industries falling under red and orange categories. These industries generates large quantities of liquid waste, hazardous and non-hazardous solid waste and air pollutants. So initiatives for environmental protection are need of the hour for the state.

What is an Online Waste Exchange programme ?

The Online Waste Exchange Programme basically includes a web portal where buying and selling of waste recycled products can be done. The website acts as a platform for vendors and buyers of waste to connect with each other.

Key points regarding the Chennai’s Online Waste Exchange Programme

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  • The website will help to dispose off toxic substances safely.
  • Recycle and re-use can be done by following the principles of 6R’s Reuse, Recycle, Reduce, Redesign, Refurbish and Remanufacture.
  • The website will enable locals to buy recycled products from the Chennai Corporation.
  • Chennai Corporation will get assistance to acheive its target of generating zero waste.
  • The platform will track audit, scrutinize the waste and encourage proper utilization of the waste.

8. PMO secretaries to hold key positions in World Bank and WTO

In yet another good news for India in global forum, top officials of the country will hold positions in some important global organizations. The private Secretary of PM Modi, Mr Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank.

Besides this a Joint Secretary at the PMO was appointed to the World Trade Organization (WTO) as an ambassador. H Atheli has been appointed as advisor to executive director of Asian Develop Banks.

9. Gairsain declared as 2nd Capital of Uttarakhand

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The Government of Uttarakhand formally declared Gairsain, a tehsil in Chamoli district as the summer capital of the state on 8 June, 2020.

Why Gairsain is declared as summer capital of Dehradun ?

  • The location of Gairsain is located almost at the centre of the state.
  • Gairsain was envisaged as the state capital during the statehood agitation.
  • After the formation of the state on 9 November 2000, Dehradun was made the capital of Uttarakhand. But it was recorded as temporary capital.
  • The statehood activists of the state contended that Gairsain was best suited to be the capital of Dehradun since it was located between both Kumaon and Garhwal regions.
  • The BJP had promised in it’s Vision document for 2017 assembly elections that Gairsain would be made the summer capital of the state.

10. India to set up its first Coal Exchange platform

India has decided to set up its first Coal Exchange platform. It is online platform where pricing will be determined transparently through demand and supply.

Key Points

  • The Coal trading platform will be set up on the lines of commodity or energy exchanges.
  • With the setting up of the online platform, the coal market will now transform into an open sector to the market forces of the country.
  • The price determination will be transparent and will be decided online through demand and supply.
  • The Fuel Supply Agreements(FSA) regime of Coal India Ltd will likely come to an end.
  • However Coal India Ltd may still remain the market leader on account of its huge production target of one billion tones by 2024.

11. The Raymon Magsaysay Awards cancelled

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The Raymond Magsaysay Awards have been cancelled this year due to Covid-19 pandemic. This is the third time the annual award got cancelled in six decades.

Key Points

  • The Raymon Magsaysay Award is regarded as the Asia’s version of the Nobel Prize.
  • The awards were cancelled due to a financial crisis in 1970 and due to a disastrous earthquake that hit the Philippines in 1990.
  • The awards are name after a popular Philippine president who died in a 1957 plane crash and honour “greatness of spirit in selfless service to the peoples of Asia.
  • The award recognizes and honours individuals that have achieved distinction in their field and help others generously.
  • Acharya Vinoba Bhave was the first Indian to win this award.
  • Mother Teresa was the first Indian Women to receive the Raymon Magsaysay Award.

12. India-ASEAN Youth Dialogue Held

The India-ASEAN Youth Dialogue Held from 8 June, 2020 to 10 June, 2020 for the third time. The dialogue was held in online mode.

Key Points

  • The leaders of the India-ASEAN Youth Dialogue acknowledged the re-establishment and rival of the Nalanda University in Bihar. The University has been offering several scholarship programs for ASEAN students in various fields.
  • The members of the dialogue pledged to enhance cooperation in ways to effectively channelise youth energy.
  • The dialogue observed that the youth of India ASEAN countries are playing a pivotal role in fighting against the ongoing Covid-19 crisis.
  • The dialogue highlighted that India and it’s ASEAN counterparts have some of the most young populations of the world. India alone has more than 450 million people of age group ranging from 15-35 years. It means India has the largest number of young people in the world.

About ASEAN

The Association of Southeast Asian Nations(ASEAN) is a regional intergovernmental organization. It comprises of ten South-east Asian countries namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The headquarter of ASEAN is located at Jakarta. The ASEAN promotes intergovernmental cooperation and facilities economic, political, security, military, educational and socio-cultural integration among its members and other Asian countries.

13. Deep Submergence Rescue Vehicle(DSRV) complex inaugurated

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A Deep Submergence Rescue Vehicle(DSRV) complex was inaugurated at Vishakhapatnam by Vice Admiral Atul Kumar Jain of Eastern Naval Command on June 10, 2020.

The complex is equipped with state-of-the-earth facilities and designed to accommodate the newly inducted submarine rescue system. It can store the DSRV assets in rescue ready state.

A DSRV
A DSRV (source- wikimedia)

Key Points

  • A deep submergence rescue vehicle is a vehicle used to rescue downed submarines and clandestine missions.
  • The Indian Navy inducted the first Deep submergence Rescue Vehicle at Mumbai Naval Dockyard on 12 December, 2018.
  • A DSRV system consist of a submarine rescue vehicle, a remote operation vehicle and side scan SONAR and associated equipment.
  • It also consist of diver decompression chambers and hyperbaric medical equipment.
  • It can be mobilised by air or road according to demand of a situation.
  • Indian Navy has inducted two such system till date.
  • India is among the 40 countries who operates submarines.
  • Only a few countries have a DSRV system to rescue downed submarines.

14. Union Government launched Shahakar Mitra Scheme

The Union Agricultural Minister Narendra Singh Tomar launched the Shahakar Mitra Scheme on June 11, 2020. Shahakar Mitra is a scheme on Internship Programme(SIP).

Aims of the Scheme

  • The scheme aims to help cooperative institutions access innovative ideas of young professionals and the intern will gain experience of working in the field to be self-reliant.
  • The scheme aims to provide an opportunity to the professionals of academic institutions also to develop entrepreneurial roles through cooperatives.
  • It aims to promote the Prime Minister,s call for Atmanirbhar Bharat. Atmanirbhar Bharat emphasizes the importance of vocal for local.

Key Points

  • The scheme is an initiative by the National Cooperative Development Corporation(NCDC).
  • Professional graduates from Agriculture and allied areas, IT etc. will be eligible to participate in the internship programs.
  • Professional who have completed or are pursuing their MBA degrees in Agri-business, Cooperation, Finance, International Trade, Forestry, Rural Development, Project Management etc. will also be eligible.
  • A financial support will be provided to the interns over a four month internship period.

15. Kathy Sullivan becomes the first women to reach Challenger Deep

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On June 7, 2020 Kathy Sullivan reached the deepest point in the ocean, Challenger Deep. She has become the first women to do this.

About Kathy Sullivan

Kathy Sullivan
Kathy Sullivan(Source- wikimedia)

Kathy Sullivann is an Astronaut and Oceanographer by profession. Kathryn Dwyer Sullivan was born on october 3, 1951. Sullivan was a crew member on three Space Shuttle missions. She became the first American women to walk in space in 1984. By reaching the deepest point of the ocean she has created another history.

The Challenger Deep

The Challenger Deep is the deepest point in the ocean. It is located at a depth of 10902 metres. Lieutenant Don Walsh and Swiss scientist Jacques Piccard were the first persons to reach Challenger deep in 1960. The Challenger Deep is a muddy depression in the Mariana Trench off the coast of the Pacific ocean’s Mariana Islands.

16.Advisory Panel on IBBI reconstituted.

The Government of India reconstituted the advisory panel on Insolvency and Bankruptcy Board of India(IBBI). The panel was reconstituted by inducting four new members in the committee. The new members are Ashu Suyash (MD, Crisil), R Shankar Raman(Director, L&T), Nirmal Mohanti(former Chief economist, NSE) and Rashesh Shah(Chairman, Edelweiss Group).

About IBBI

  • The IBBI was established in 2016.
  • It is a regulator that oversees insolvency proceedings in the country.
  • The IBBI committee was earlier constituted in 2017.
  • The Chairman of the Committee was noted banker Uday Kotak.
  • The new committee will be once again chaired by Uday Kotak.
  • The Advisory committee formed will advise and provide professional support on any matter relating to the Corporate Insolvency resolution and liquisation dealt with by the IBBI Board under Insolvency and Bankruptcy Code 2016.

17. India launched it’s first gas trading platform

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The Indian Energy Exchange launched India’s first gas trading platform(Indian Gas Exchange) on June 15, 2020. The new online gas trading platform was inaugurated by Minister of Petroleum and Natural Gas Dharmendra Pradhan.

Key Points :

  • The Indian Gas Exchange(IGX) is incorporated as a wholly owned subsidiary of the Indian Energy Exchange.
  • It is a fully automated web-based platform.
  • The platform will provide seamless trading experience to the customers.
  • It will offer six market products beginning with day ahead market and forward contracts including- Daily, Weekly, Weekday, Fornightly and Monthly at three physical hubs, two at Gujarat and one at andhra Pradesh.
  • The IGX will transform India’s gas market, drive industrial competitiveness, facilitate availabilty of gas at lower prices, deliver efficient utilisation of pipeline infrastructure and ensure revival of gas based power plants.

18. India and Nepal signs MoU

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India and Nepal signed MoU to improve the Infrastructure of Pashupatinath temple complex amidst border disputes. The Mou was signed on June 15, 2020.

Key points

  • The MoU was signed between Indian Embassy, Ministry of Federal Affairs and General Administration, Nepal and the Kathmandu Metropolitan
  • India will extent a financial assistance of Rs 2.33 crores.
  • The fund will be utilized in the construction of sanitation facility within the Temple Complex.
  • The Project will be implemented by Kathmandu Metropolitan City.
  • Pashupati Temple is the largest temple in Nepal. It is one of the World Heritage Site of UNESCO since 1979.

19. Oscars-2021 Postponed

The Oscars Awards ceremony has been pushed back by two months due to the ongoing Covid-19 pandemic. The ceremony was due to take place on 28 February next year. It will held now on 25 April, 2021. The eligibility window also be extended beyond 31 December 2020 to the end of February, 2021. The Oscars was delayed for three times before- In 1938 due to LA flooding, in 1968 after the assassination of Dr Martin Luther King Jr and in 1981 following the attempted assasination of President Ronald Reagan.

About Oscars

Monthly Current Affairs July - 2020
  • The Academy Awards, popularly known as the Oscars are awards for artistic and technical merit in the film industry.
  • The award is given annually by the Academy of Motion Picture Arts and Sciences(AMPAS).
  • The awardees receives a copy of golden statuette, officially called the “Academy Award of Merit”. The statuette depicts a knight rendered in the Art Deco style.
  • The award was first presented on May 16, 1929 at a private dinner hosted by Douglas Fairbanks at Hollywood Roosevelt Hotel.
  • The first Best Actor awarded was Emil Jannings. He was awarded for his performances in The Last Commando and The Way of All Flesh.
  • The first Indian to win Oscar was Bhanu Athaiya. She won this prestigious award for the Best Costume Design for the film Gandhi.

20. New fish Discovered in Arunachal

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A new fish species named Schizothorax sikusirumensis has been discovered in Arunachal Pradesh. The fish belongs to the genus Schizothorax. The name of the fish was given after the rivers- Siku and Sirum in East Siang district of Arunachal Pradesh. The fish was found at the junction of the two rivers.

21. India to be UNSC President for August 2021

India has been elected as a non-permanent member of the UN Security Council for a two year term on June 17, 2020. A total of 184 out of 192 member-nations voted in India’s favour. This will be India’s eight term in the United Nations Security Council. Besides these India will serve as the president of the 15-member UN body for the month of August, 2021.

About UNSC

  • The UNSC is one of the six principal organs of the United Nations.
  • It was founded on 24 October, 1945.
  • The Headquarter of UNSC is at New York, United States.
  • It’s function is to ensure international peace and security, recommend the admission of new UN members to the General Assembly, and to approve any changes to the UN Charter.
  • The power of the UNSC include establishing peacekeeping operations, inacting international sanctions and authorizing military action.
  • The headquarter of UNSC is at
  • It consist of 15 countries as members of which five countries are permanent.
  • The permanent members are – China, France, Russia, United Kingdom and United States.
  • The non-permanent members are elected among the other member nations of the United Nations for a term of two years.

22. PM Narendra Modi launched Garib Kalyan Rojgar Abhiyaan

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Prime Minister of India Narendra Modi launched the Garib Kalyan Rojgar Abhiyan on June 20, 2020.

Aim

The Garib Kalyan Rojgar Abhiyaan is launched with an aim to create jobs for millions of migrant workers who returned home during the corona virus induced lockdown across the country.

Key Points

  • The scheme was launched via video conference in Katihar village in Bihar. The Chief Ministers of five states Bihar, Madhya Pradesh, Uttar Pradesh, Rajasthan, Jharkhand and a minister of Odisha.
  • The scheme will work in a mission mode for 125 days in 116 districts across these six States.
  • The programme seeks to create infrastructure worth Rs 50,000 crore through public works and create jobs in the rural areas of the country.
  • Nearly 25 schemes will be brought together to reach saturation and will include Pradhan Mantri Awas Yojna, Gram Sadak Yojna, Jal Jeevan Yojna and PM Gram Sadak Yojna among others.

23. India becomes 12th largest holder of US govt securities

India has become the 12th largest holder of United States Goverment Securities with USD 157. 4 at the end of April, 2020 .

Top 5 countries at the end of April

  • Japan with USD 1.266 Trillion
  • China with USD 1.073 Trillion
  • United Kingdom with USD 368.5 Billion
  • Ireland with USD 300.2 Billion
  • Luxembourg with USD 300.2 Billion

Key Points

  • The Reserve Bank of India(RBI) holds the American Government Securities as it invests in foreign assets as part of its prudential liquidity management.
  • With the collapse of the gold standard or the Bretton Woods principles dollar and other US government assets began to be preferred for investments.
  • India was at the 13th position in March, 2020.
  • Saudi Arabia was at the 12th position in March, 2020.

24. Central Cabinet Approves Private Sector Participation in Space Activities

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In order to advance India’s capabilities in the space sector the Union Cabinet has approved the participation of the private sector in various space activities. The move was made during a meeting of the Union Cabinet on 24th June, 2020.

Key Points

  • Through this reform private sector will be allowed to carry out space activites like building rockets, satellites, providing launch services etc.
  • Private sectors can also be part of planetary exploration missions.
  • An approval was made to set up Indian National Space Promotion and Authorization Centre (In-Space) under the Department of Space. It will play the role of guiding the private sector in various space activities.
  • In-Space will have its own directorates for technical, legal safety and security, activity promotion as well as for monitoring purposes.
  • The New Space India Limited(NSIL), a PSU, founded in March 2019 will have the responsibility to change the economic and social policies for encouraging the private sector in space activities by making Indian Space Sector from “supply driven” to “demand driven and thus ensure optimum utilization of space assets.

25. Worlds First Yoga University launched outside India.

As part of the 6th International Yoga Day commemorations the world’s first Yoga University outside India launched at Los Angeles of USA. The Yoga University was launched on 23rd June, 2020 through a virtual event organized at New York city’s Consulate General of India.

Key Points

  • The new Yoga University has been named after Swami Vivekananda.
  • Dr. H.R Nagendra will be the first Chairman of the Vivekananda Yoga University(VaYU).
  • He is the Chancellor of Swami Vivekanada Yoga Anusandhana Samsthana(SVYASA).
  • Swami Vivekanada Yoga Anusandhana Samsthana is the first Yoga University of India and the world.
  • The faculties for Vivekananda Yoga University(VaYU) have been recruited from Swami Vivekanada Yoga Anusandhana Samsthana(SVYASA).
  • The new University will offer programs based on ancient traditional Indian practice of Yoga in combination with scientific principles and and modern research approaches.
  • The Univerity will also offer online Master’s Program in Yoga(M.S Yoga).
  • Vivekananda Yoga University(VaYU) will facilitate collaborative research, credit transfers, and joint programmes with multiple premier universities accross the world.

26. Vini Mahajan becomes the First Women Chief Secretary of Punjab

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On 26th June 2020, Vini Mahajan, a 1987 batch IAS officer became the First Women Chief Secretary of Punjab. She is also the First Women IAS officer to hold the post of Deputy Commissioner in Punjab. Mahajan will remain in the post until her retirement in August this year.

27. Sankalp Parva from 28 June to 12 July

The Union Ministry of culture on the call of PM Narendra Modi has decided to celebrate a tree plantation campaign called ‘Sankalp Parva’ from 28 July to 12 July, 2020.

Key Points

  • Sankalp Parva is being celebrated across all the Subordinate Offices, Academies, Institutions affiliated & attached to the Ministry.
  • It is expected that all the Institutions will plant trees in its campus or surroundings wherever it is possible.
  • The Ministry of Culture recommended to plant five plants- ‘Bargad’, ‘Awla’, ‘Pipal’, ‘Ashok and ‘Bel’.
  • Each employee should plant atleast one sapling.
  • The Institutions are ensuring that employees are taking care of the saplings planted by them.

28. World’s largest Plasma Therapy Trail – Project Platina launched

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The Maharashtra State Government launched the World’s largest Convalescent Plasma Therapy Trial project, called ‘Platina’ on 29th June 2020. The Chief Minister of Maharashtra Uddhav Thackerey launched the project virtually.

What is Plasma Therapy ?

A person who have recovered from an infection contains antibodies in their blood that can fight the pathogens such as viruses, that have caused the disease. These antibodies are found in the plasma.

In the process of Plasma Therapy, plasma is separated from the blood of a recovered person and administered to another person who is currently fighting the same infection. This is called Plasma Therapy.

About Project Platina

Monthly Current Affairs July - 2020
  • There is no definite line of treatment for Covid-19 patients but Convalescent Plasma Therapy has shown some positive results.
  • The project Platina will help Maharashtra to create a robust data for the use of Convalescent Plasma Therapy.
  • The project will help to establish an infrastructure for plasma treatment in the state.
  • The project will be implemented free of cost.
  • Two doses of 200 ml of convalescent plasma will be given to all critical patients in the State Government run Covid-19 Hospitals of Maharashtra.
  • The Indian Council of Medical Research(ICMR) has approved about 21 state-run hospitals, 16 medical colleges and some private hostipals to conduct plasma therapy trials.

29. PM FME Scheme launched

On 29th June, 2020 Union food processing Minister, Harsimrat Kaur Badal launched the Prime Minister Formalization of Micro Food Processing Enterprises(PM FME) scheme. The scheme is launched as part of the Atma Nirbhar Bharat Abhiyan.

Aim of the scheme

The scheme aims to provide financial, technical and business support for upgradation of existing micro food processing enterprises.. It also aims to bring in new technology, apart from affordable credit to help small entrepreneurs penetrate new markets.

Key Points

Daily Current Affairs
  • The scheme will be implemented for five years until 2024-25.
  • It will generate investment of Rs 35,000 crore, 900,000 jobs and help 800,000 units.
  • The scheme will offer 50% subsidy for storage and transportation to prevent distress sale by farmers.
  • Nearly 200,000 micro enterprises will get credit-linked subsidy support.
  • Under this scheme, micro-enterprises will get 35% subsidy on project cost, with a ceiling of Rs 10 lakh.
  • The beneficiaries will have to contribute at least 10% of the project cost while the balance will come from loan.
  • The expenditure under the PM FME Scheme would be shared in 60:40 ratio between Central and State Government.
  • The expenditure under the PM FME Scheme would be shared in 90:10 ratio between Central and North Eastern and Himalayan States.
  • The expenditure under the PM FME Scheme would be shared in 60:40 ratio between Central and UT,s with legislature.
  • The expenditure under the PM FME Scheme would be shared 100% by Central Government for other Union Territories.

30. K.K Venugopal reappointed as Attorney General

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Monthly Current Affairs July - 2020
K.K Venugopal (Source – Wikimedia)

The President of India reappointed senior Advocate K.K. Venugopal as the Attorney General for India on 29th June 2020. His tenure has been extended for a period of one year with effect from 1st July, 2020. The Union Government also extended the term of Tushar Mehta for three years as the Solicitor General(SG) and appointed six new Additional Solicitor General(ASGs). The tenure of five existing ASGs has also been extended.

Attorney General

The Attorney General for India is the chief legal advisor of the Central Government of India. He/She is the primary lawyer in the Supreme Court of India. They are the advocates from Government side. The Advocate General is appointed by the President of India on advice of Union Cabinet under Article 76(1) of the Constitution of India.

31. Film on Assamese Novel Subala at Italy festival

An Assamese film on Homen Borgohain’s Novel Subala will be screened in the International Film Festival to be held at Castello Di Rivoli from 26 November, 2020 to 29 November, 2020.

The film Subala- The Darkness Within has been directed by Munna Ahmed. Urmila Mahanta, an alumnus of the Film and Television Institute of India(FTII), Pune has played the title role in the film.

32. India and Bhutan signed Concession Agreement

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A concession agreement was signed between the Kholongchhu Hydro Energy Limited and the Royal Government of Bhutan on 29th June, 2020.

Key Points

  • The 600 MW hydroelectric project(KHEL) will be the first-ever joint venture project to be implemented in Bhutan.
  • The Joint venture partners of the project are India’s Satluj Jal Vidyut Nigam Limited(SJVNL) and Bhutan’s Druk Green Power Corporation Limited(DGPC).
  • Khel will be the first joint-venture project to be implemented under Inter-Governmental Agreement(IGA) signed in 2014.
  • The project is expected to generate about 2568.88 million units annually.

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