“If you want change, you have to make it. If we want progress we have to drive it.”

― Susan Rice.

This post covers relevant news from national dailies and government releases for aspirants of examinations like UPSC IAS, CDS, SSC CGL, NDA, etc. It is highly useful for both, revision and awareness purposes.

National Important Current Affairs – 2 July 2019

  • The Parliament has given its approval to the resolution seeking extension of President’s rule in Jammu and Kashmir by 6 months. This has already been approved by the Lok Sabha.

 

  • The Rajya Sabha has also approved the Jammu and Kashmir Reservation (Amendment) Bill, 2019 which has already been passed by the Lok Sabha. The reservation bill proposes to give 3% reservation in educational institutions and government jobs to people living within 10 kilometers of the International Border in Jammu. This is expected to benefit a total of 3.50 lakh population of 435 villages in the Jammu border region.

 

  • Jal Shakti Abhiyan

    The Jal Shakti Abhiyan has been launched as a means of strengthening the mass movement for conserving water.
    The Jal Shakti Abhiyan aims to create awareness on the benefits of water conservation and the declining sources of water in the country. The movement is a time-bound mission mode water conservation campaign.  It has been launched in two phases. The first phase of Jal Shakti Abhiyan is from 1st July to 15th September and is for all participating States. While the second phase will be between 1st October to 30th November for States with a retreating monsoon. Under Jal Shakti Abhiyan, the focus will be on 256 water stressed districts and 1,592 water stressed blocks in the country.

 

  • The Centre has constituted a high powered committee of Chief Ministers of several states for transformation of Indian Agriculture. Devendra Fadnavis, Chief Minister of Maharashtra will be the convenor of the committee, while the Chief Ministers of Karnataka, Haryana, Arunachal Pradesh, Gujarat, Uttar Pradesh and Madhya Pradesh have been included as members. The Minister of Agriculture, Rural Development and Panchayati Raj Narendra Singh Tomar will also be a member. NITI Aayog member, Ramesh Chand will be the Member Secretary.  The Committee will discuss measures for transformation of agriculture and also raising farmers’ income. It has been tasked to suggest the modalities for adoption and time bound implementation of agriculture sector reforms in the country. It has also asked to submit its report within two months. The High powered Committee will also suggest changes in the Essential Commodity Act to attract private investments in agricultural marketing and infrastructure.

 

  • The Ministry of AYUSH and Ministry of Electronics and Information Technology have signed a Memorandum of Understanding to collaborate for digitisation of the AYUSH sector by planning and development of the AYUSH GRID Project.
    In order to digitize the entire AYUSH, for achieving transformation in the field of health care delivery at all levels which will include – greater research, education, delivery of various health care programmes and better drug regulations.

 

  • ‘Tamil Yeoman’

    Tamil Nadu has declared ‘Tamil Yeoman’ as Tamilnadu state butterfly. It is a kind of butterfly found in the Western Ghats and is also called as ‘Tamil Maravan’. Yellow and dark brown in color, these butterflies are known to migrate from one place to another.
    Note that: This makes Tamil Nadu the fifth state in the country to announce its state butterfly. Maharashtra was the first to declare Blue Mormon as its state butterfly, followed by Uttarakhand (Common peacock), Karnataka (Southern bird wings) and Kerala (Malabar banded peacock).

 

International Current Affairs Capsule – 2 July 2019

  • The Government of India has signed a deal for acquiring the ‘Strum Ataka’ anti-tank missiles from Russia, costing around Rs 200 Crore. India will gain an added capability for its Mi-35 attack choppers to take out enemy tanks and other armored elements. This deal has been signed under the emergency clause, hence the missile would be delivered within a time of 3 months of the signing of the contract.
    Note that: Earlier, the IAF had signed Rs 300 crore deals with an Israeli defense firm to procure a batch of ‘Spice 2000’ guided bombs earlier under the emergency provisions. These were used in the Balakot air strikes.

 

Economics Today’s Current Affair Capsule – 2 July 2019

  • The National Aluminium Company Limited (NALCO), which is a Navaratna Company based on Odisha, has been selected for the President’s Award for Excellent CSR (Corporate Social Responsibility) programme. The NALCO has been selected at the national level for introducing and implementing star rating schemes like ‘Nalco ki Ladli’, which provides learning and education opportunities for poor girl students belonging from the marginalized section. Under this scheme, NALCO has adopted 416 poor girl students from 66 villages.

 

  • According to a Commerce and Industry Ministry statement, the eight core sectors in the country have recorded a growth of 5.1 per cent in May on the back of healthy output in steel and electricity. These sectors are coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity. The growth rate for the eight key sectors for April 2019 has been revised upward to 6.3 per cent from the 2.6 per cent reported earlier. They had grown by 4.1 per cent in May last year. Steel output increased by 19.9 per cent, while electricity grew by 7.2 per cent during the month under review.

 

  • Electoral Bonds sale

    The Finance Ministry has launched the 11th tranche of Electoral Bonds sale between July 1st to 10th. State Bank of India (SBI), India’s largest Public Sector Bank (PSB), has been authorised to issue and encash electoral bonds in the XI phase of sale through its 29 branches. The electoral bonds will be valid for 15 calendar days from the date of issue. This is the first issuance of electoral bonds after the formation of the new Centre government.

 

  • The Government of India has celebrated the 2nd anniversary of GST(Goods and Services Tax). On this occasion, the Finance Ministry, has introduced the new return system on a trial basis. The Sahaj and Sugam returns for small taxpayers are proposed by the Finance ministry and will come into force from 1st of October, 2019. The GSt provided a Single Cash Ledger for rationalisation by merging earlier 20 heads into 5 major heads. There is now only one Cash Ledger for Tax, interest, penalty, fee & others. Under the Composition Scheme for Services, Upto annual turnover of Rs 50 lacs will pay a tax rate of 6%. A system of GST Appellate Tribunals (GSTAT) are being established at various State Headquarters and area benches also.

 

We encourage you to discuss your thoughts on the news and issues mentioned in today’s current affairs post. The idea is to promote healthy discussions on interesting issues to make preparation fun. Have a good day!

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