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Today’s Daily Current Affairs in Hindi & English PDF | 16 June 2023
National
President of India, Smt Droupadi Murmu, will review the Combined Graduation Parade at Air Force Academy, Dundigal on June 17.
Deputy Chief of the Air Staff Visits National Flight Test Centre and HAL: Assessing Progress of Indigenous Combat Aircraft Projects
Deputy Chief of the Air Staff (DCAS), Air Marshal Ashutosh Dixit, visited National Flight Test Centre, Aeronautical Development Agency, and Hindustan Aeronautics Limited (HAL) Tejas Division. He assessed the progress of indigenous combat aircraft projects and flew the Series Production Trainer-01 of the Light Combat Aircraft (LCA) Tejas. The visit also included briefings on the production status of trainer aircraft and plans for deliveries of LCA Mk 1A. Additionally, the DCAS will assess the production status of the homegrown combat helicopter, LCH Prachand Production Line. The delivery of 10 LCH Limited Series Production aircraft for the IAF is almost complete, and production of the Series Production LCH for the IAF and Indian Army will begin soon.
World Food India-2023: Enhancing Global Food Security and Collaboration
The Ministry of Food Processing Industries organized a roundtable with Heads of Foreign Missions in India to discuss overseas participation in the World Food India-2023 event. The event will showcase the Indian Food Processing Sector and seek collaborations and investments from global stakeholders. The participants were briefed on various aspects of the event, including India’s contribution to global food security, its resource base, and consumer base. The event will feature exhibitions, meetings, and a specially curated food experience arena, making it an attractive proposition for participants.
Key Highlights of G-20 Agriculture Working Group Meeting in Hyderabad: Focus on Food Security, Sustainable Agriculture, and Digitalization
The 3-day G-20 Agriculture Working Group (AWG) meeting began in Hyderabad, India. The meeting focuses on agriculture priority sectors, including food security, sustainable agriculture, infrastructure for farmers, and digitalization. India emphasizes its commitment to food security and shares its knowledge and experience in the agriculture sector. The meeting includes an exhibition showcasing advancements in agriculture and allied sectors. Side events cover topics such as agribusiness management and digital technologies in agriculture. The events aim to promote sustainability and bridge the gap for digitally disconnected populations.
Introducing Justice Clocks: Enhancing Transparency and Public Awareness in High Court Complexes
Justice Clocks have been installed across High Court complexes to provide a bird’s eye view of court-related data and inform stakeholders about key parameters. This initiative aims to raise public awareness.
India’s Population Dividend: Harnessing the Potential of Elder Citizens and Pensioners for Nation Building
India’s population dividend, including the elderly and pensioners, could contribute to nation building and India’s vision of becoming a developed nation by 2047. The number of people above 60 years old is increasing rapidly, and they possess valuable experience in various sectors. The Department of Pension & Pensioners Welfare has implemented pension reforms and digital initiatives to support pensioners. Additionally, policies have been changed to benefit dependent divorced daughters, enhance family pensions, and provide pensions to children with disabilities. The department has also launched platforms to showcase retiring officials’ experiences and hold digital adalats. Efforts have been made to digitize and streamline the pension processing and payment system for transparency and efficiency.
VAIBHAV Fellowship Programme: Connecting Indian STEMM Diaspora with Indian Institutions for Collaborative Research
The Indian government has launched the VAIBHAV fellowship programme, aiming to connect the Indian STEMM diaspora with Indian academic and research institutions. The programme encourages collaborative research work in various fields of science and technology. 75 outstanding scientists of Indian origin residing in other countries will be selected as fellows and invited to work in 18 knowledge areas. The fellowship includes a monthly grant, travel expenses, accommodation, and contingencies. The fellows are expected to collaborate with Indian counterparts and contribute to cutting-edge research. Applications are open until July 31, 2023.
Government Initiatives for Social Justice in Labor Markets: Shri Bhupender Yadav Highlights Key Steps
Shri Bhupender Yadav, Union Minister for Labour and Employment and Environment, Forest and Climate Change, highlighted government initiatives to eliminate discrimination in labor markets and promote social justice. Measures include increased paid maternity leave, mandatory crèche facilities, and safety measures for women workers in night shifts. Efforts are also being made to extend social security to unorganized workers through the e-Shram portal. Shri Yadav engaged in discussions with employers and employees associations, emphasizing the government’s commitment to workers’ welfare and ease of doing business. He also attended a BRICS dinner, emphasizing the importance of sharing best practices for promoting decent work and social protection for workers. India supports South Africa’s proposal for a joint platform for BRICS Productivity Ecosystems.
CBIC Releases National Time Release Study 2023: Improving Cargo Clearance and Trade Efficiency
The Central Board of Indirect Taxes and Customs (CBIC) released the National Time Release Study (NTRS) 2023 report. The study measures the time it takes for cargo to be released from customs. The report examines the average release time for different ports and highlights improvements in import release time. The findings emphasize the importance of trade facilitation measures and collaboration among stakeholders. The report also focuses on measuring export release time and recognizes the distinction between regulatory clearance and physical clearance. The full report is available on the CBIC website.
International
UNGA Adopts India’s Resolution: Memorial Wall to Honor Fallen Peacekeepers
The UN General Assembly has adopted a resolution introduced by India to establish a memorial wall for fallen peacekeepers. The resolution received 190 co-sponsorships and was adopted by consensus. The wall will serve as a constant reminder of the sacrifices made by peacekeepers and the decisions that come with it. Prime Minister Narendra Modi expressed gratitude for the adoption of the resolution.
9th International Day of Yoga: Uniting 5,000 Residents in Dubai for a Celebration of Unity and Well-being
Over 5,000 residents in Dubai will unite for the 9th International Day of Yoga celebration. The event aims to promote yoga and its universal appeal, with a focus on unity and harmony. The celebration aligns with India’s 75th year of Independence and will feature prominent personalities sharing their yoga experiences. The event is made possible through the support of sponsoring companies and organizations. It offers an inclusive and enriching experience for individuals from diverse communities to explore the benefits of yoga and holistic well-being.
Gabon’s First Agri-SEZ Project Boosts India-Africa Relations: A Milestone in Food Security and Development
Gabon’s first Agri-SEZ project, implemented by AOM group with Centurion University, was flagged off by Union Minister Dharmendra Pradhan. The project aims to enhance food security in Gabon. India-Africa relations have strengthened with numerous high-level visits and development partnerships, including concessional loans and grant assistance from India to Africa. India’s G20 presidency is further strengthening India-Africa relations.
World Bank Launches First Road Safety Project in Bangladesh, Aims to Reduce Road Fatalities
The World Bank has launched its first road safety project in South Asia, specifically in Bangladesh. The project, with a financing agreement of USD 358 million, aims to improve road safety and reduce fatalities and injuries on selected highways and roads. It will implement measures such as better engineering designs, signage, pedestrian facilities, and emergency care. The project will focus on two national highways and introduce ambulance services and upgraded trauma care facilities. Additionally, it will address speed control through the installation of CCTV cameras and support the strengthening of road safety management institutions across the country.
Business
India’s Exports Surge in May 2023, Drives Improvements in Trade Balance
India’s overall exports in May 2023 amounted to $60.29 billion, with electronic goods witnessing a significant increase. Agricultural exports, specifically spices and rice, also showed growth. Oil meals exports and ceramic products & glassware exhibited positive trends. The trade balance improved, with a decline in the overall trade deficit and merchandise trade deficit for April-May 2023 compared to the same period last year. Services exports remained strong. However, India’s trade performance has declined due to geopolitical tensions and recessionary fears impacting consumer spending in advanced nations. Various sectors experienced positive and negative growth in both exports and imports.
MoD Signs Rs 500 Crore Contract to Strengthen Indian Army’s Communication System with Indigenous Radio Relay Containers
The Ministry of Defence (MoD) has signed a contract worth Rs 500 crore with ICOMM Tele Limited to procure 1,035 Radio Relay Communication equipment containers. The containers will address the mobile communication needs of the Indian Army and will be mounted on specialist vehicles. The equipment and sub-systems will be sourced from indigenous manufacturers, promoting indigenous defense manufacturing and stimulating the private sector. This development will also boost exports to friendly countries.
India’s Coal Sector Achieves 44.22% Growth in Stock Position and Ensures Steady Power Supply
The Ministry of Coal in India has achieved a significant growth in coal production and stockpiling, ensuring energy security for the country. The overall coal stock position has reached 110.58 million tonnes, indicating a 44.22% increase compared to last year. The coal dispatch to the power sector has also grown by 5.11%, providing a steady supply of coal for meeting energy requirements. The coal stock at Thermal Power Plants (TPPs) has remained stable during the summer season. Cumulative coal production and dispatch have witnessed remarkable growth rates of 8.26% and 7.71% respectively for the current fiscal year. The Coal Ministry is dedicated to promoting sustainable growth in the coal sector and supporting the rising energy demands of the power industry.
India’s Electronic Goods Exports Surge by 74% in May 2023, Trade Deficit Shrinks
India’s electronic goods exports experienced a remarkable growth of 74% in May 2023. Other commodities such as iron ore, ceramic products, and agricultural goods also saw significant increases. Overall exports, including merchandise and services, are estimated to surpass $60 billion in May. The trade deficit for April-May 2023 has decreased by 35.41% compared to the same period last year, reaching $13.28 billion.
Indian Government Reduces Import Duty on Edible Oils to Ensure Affordable Prices and Adequate Supply
The Indian Government has lowered the import duty on edible oils to ensure affordability for consumers. The import duty on refined soybean oil and refined sunflower oil has been reduced from 17.5% to 12.5%. This measure aims to lower domestic retail prices and ensure an adequate supply of edible oil. The reduced duty will be in effect until March 31 next year.
Sovereign Gold Bond Scheme 2023-24: Tranches, Dates, and Eligibility Revealed
The Reserve Bank of India will issue the Sovereign Gold Bond Scheme 2023-24 in tranches, with the first tranche opening on June 19 and the second on September 11. The bonds will be available for sale to resident individuals, HUFs, Trusts, Universities, and Charitable Institutions. They will be denominated in grams of gold and have a tenor of eight years with an option for premature redemption after the 5th year. The maximum subscription limit is 4 Kg for individuals, 4 Kg for HUFs, and 20 Kg for trusts and similar entities per fiscal year. The issue price will be based on the average closing price of gold. The bonds can be used as collateral for loans, and the interest earned will be taxable.
Sci-Tech
New Study Unveils Higher Temperature Enhancements in Solar Chromosphere due to Acoustic Shocks
A new study reveals that acoustic shocks in the solar chromosphere lead to higher temperature enhancements than previously estimated. The findings contribute to understanding the heating mechanism of the chromosphere and its role in fueling the solar wind. The study highlights the importance of acoustic shock waves and their impact on the plasma density and temperature in the chromosphere. The research team used advanced observational techniques and machine learning to analyze the data. The results show significant temperature increases during acoustic shock events, with enhancements three times higher than previous estimates.
India’s Chandrayaan-3 Moon Mission to Launch in July: New Discoveries Await!
India’s moon mission Chandrayaan-3 is set to launch in July, specifically in the second half of the month. The mission aims to demonstrate the technology needed to land a spacecraft on the Moon’s South Pole. Chandrayaan-3 is a follow-up mission to Chandrayaan-2 and will study the lunar environment and its properties. The previous lunar mission, Chandrayaan-1, had discovered the presence of water on the Moon’s surface, which garnered global recognition.
Sports
India’s Kidambi Srikanth and HS Prannoy Progress to Indonesia Open Quarterfinals in Badminton Tournament
India’s Kidambi Srikanth and HS Prannoy advance to the quarterfinals of the Men’s Singles event at the Indonesia Open Badminton tournament in Jakarta. Srikanth will face Li Shifeng, while Prannoy will compete against Kodai Naraoka. In Men’s Doubles, Satviksairaj Rankireddy and Chirag Shetty also reach the quarterfinals. PV Sindhu and Priyanshu Rajawat, however, are eliminated from the tournament.
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