DAILY Current Affairs 18 JUNE 2020


DAILY Current Affairs 18 JUNE 2020
1. SANITATION FACILITY AT PASHUPATINATH TEMPLE
·        India has extended its financial aid by NR (Nepalese rupee) 37.23 million(i.e. Equivalent of Rs.2.33 cr INR) for the construction of the sanitation facility for the pilgrims at the Pashupatinath Temple in Kathmandu, Nepal, under the Nepal-Bharat Maitri: Development Partnership as a high impact community development scheme by India.
·        Pashupatinath Temple is the largest temple complex in Nepal and stretches on both sides of the Bagmati River and sees thousands of worshippers from Nepal and India every day.

2. KHELO INDIA STATE CENTRES OF EXCELLENCE
·        The Sports Ministry prepared to establish Khelo India State Centres of Excellence(KISCE) under the Khelo India Scheme and identified 8 state owned sports facilities to upgrade as KISCE.
·        The Centres are established to enhance the performance of India in Olympic games.
·        Sangey Lhaden Sports Academy, Itanagar, Arunachal Pradesh
·        Jaiprakash Narayan National Youth Center, Bangalore, Karnataka
·        GV Raja Sr. Secondary Sports School, Thiruvananthapuram, Kerala
·        Khuman Lampak Sports Complex, Imphal, Manipur
·        Rajiv Gandhi Stadium, Aizawl, Mizoram
·        State Sports Academy, IG Stadium, Kohima, Nagaland
·        Kalinga Stadium, Bhubaneshwar, Odisha
·        Regional Sports School, Hakimpet, Telangana. 


3. UN-WORLD INVESTMENT REPORT 2020
·        In accordance with the “World Investment Report 2020” by United Nation’s (UN) trade body, the UN Conference on Trade and Development (UNCTAD), India has become the 9th largest recipient of foreign direct investment (FDI) in 2019 after receiving $51 billion last year.
·        This is an increase of 20% from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.

Rank
Country
Amount
1
United States (US)
$246 bn
2
China
$141 bn
3
Singapore
$92 bn

4. IMD’S COMPETITIVE RANKING 2020
·        According to the 32nd edition of World Competitiveness Index 2020, which ranked performance of 63 economies across the globe, prepared by Switzerland-based Institute for Management and Development (IMD)’s World Competitiveness Center (WCC), the Indian economy remained at 43rd position this year.
·        While Singapore continues to occupy the first place in the list due to its strong economic performance.

5. PNEUMONIA VACCINE TO LOW-INCOME COUNTRIES
·        Serum Institute of India(SII), leading manufacturer of immunobiological drugs and vaccines signs a new supply agreement with United Nations Children’s Fund (UNICEF) and Vaccine alliance Gavi’s procurement partner to supply Pneumococcal Conjugate Vaccine(PCV) to low income countries all over the world.
·        Severe Pneumonia is caused by the Pneumococcus bacterium and the major cause of worldwide morbidity and mortality.
·        Children under the age of 2 are more prone to pneumonia, killing a child for every 39 second.

6. INDIA JOINED GPAI
·        India has joined the first-of-its-type initiative namely Global Partnership on Artificial Intelligence (GPAI) as a founding member to support responsible and human-centric development and use of Artificial Intelligence (AI).
·        With this, India became the 15th founding member of GPAI which also include the United States (US), the United Kingdom (UK), European Union (EU), Australia, Canada, France, Germany, Italy, Japan, Mexico, New Zealand, Republic of Korea, Slovenia, and Singapore for launch of GPAI.
·        GPAI will be supported by a Secretariat, to be hosted by Organization for Economic Cooperation and Development (OECD) in Paris, France as well as by two Centers of Expertise- one each in Montreal, Canada and Paris.

7. ACUTE FOOD INSECURITY SINCE FEBRUARY 2020
·        According to the report titled “Policy Brief: The Impact of COVID-19 on Food Security and Nutrition” released by Italy based Food and Agriculture Organization (FAO), around  45 million people were fall into acute food insecurity since February 2020 due to of the novel coronavirus (COVID-19) pandemic, of which a majority of 33 million people reside in South and Southeast Asia, and most of the remainder in Sub-Saharan Africa.

8. USD 750 MILLION UNDER COVID-19 CRF TO INDIA
·        Asian Infrastructure Investment Bank(AIIB) approved a 2nd loan of USD 750 million to India under the bank’s USD 10 billion COVID-19 Crisis Recovery Facility(CRF); this loan is co-financed by the Asian Development Bank (ADB) to assist India to fight against COVID-19 & its impact on poor.
·        The loan aims to strengthen India’s economic aid for businesses, expand social safety nets for the needy & the health care systems. 
·        The 1st loan under this facility of USD 500 million, co-financed by the World Bank was approved on May 8.Till now India has received USD 1.25 billion dollar under the COVID-19 CRF.
9. MEASURES TO STRENGTHEN ENFORCEMENT OF SEBI
·        In order to strengthen the Securities and Exchange Board of India (SEBIs) enforcement mechanism and also to improve its system of recovery of siphoned off money, the SEBI committee headed by former Supreme Court Judge Anil Dave has proposed a method of quantification of profit made by the defaulter and loss caused to investors in a 424-page exhaustive report.
10. INFOSYS TO BECOME NET-ZERO CARBON
·        Infosys becomes the second major signatory and first Indian company to sign The Climate Pledge, of Amazon and Global Optimism, to become net-zero carbon by 2040, ten years ahead of the Paris Agreement.
·        The company, which has initially set 2018 for its transition to 100 per cent renewable energy, has now set 2035 to complete the transition to RE.
·        Neutralize the remaining emissions with additional, real, permanent and socially beneficial offsets to achieve zero carbon emission by 2040.
11. DK JAIN, BCCI’S OMBUDSMAN GETS A 1-YEAR EXTENSION
·        The tenure of former supreme court judge DK Jain as the ethics officer and ombudsman of Board of Control for Cricket in India(BCCI) got a 1year extension in June 2020 due to the current covid-19 situation.
·        He was the first-ever ombudsman of BCCI appointed by the supreme court in February 2019.
·        He was appointed as the He took additional changes as the ethics officer of BCCI.

12. AUTOMATED TICKET CHECKING AND MANAGING ACCESS MACHINE
·        Indian Railways’ Central Railway zone has installed an Automated Ticket Checking & Managing Access(ATMA) machine, 1st of its kind at Nagpur station. The machine has been introduced at the station under the New, Innovative Non Fare Revenue Ideas Scheme(NINFRIS) policy to prevent transmission of COVID-19.
·        This is an Innovative Earning Contract, implemented by Nagar(NGP) Central Railways(CR) for the prevention of COVID-19.