Today’s Daily Current Affairs in Hindi and English PDF | 30 June 2023

Get the latest daily current affairs in Hindi and English for 30 June 2023. Download the PDF to stay updated and well-informed about the important news of the day.

Welcome to today’s daily current affairs! In this article, we will provide you with a comprehensive overview of the latest news and events from around the world. Whether you prefer reading in Hindi or English, we’ve got you covered. Stay tuned to stay informed!

1. National
   • INS Sunayna Arrives at Port Beira, Mozambique: Strengthening Naval Partnerships and Community Outreach
     • INS Sunayna from Southern Naval Command Kochi arrived at Port Beira, Mozambique. The Mozambique Navy welcomed the ship, and both navies will participate in exchanges, visits, and sports events. The ship will organize a medical camp for the community, followed by joint surveillance activities with the Mozambique Navy.
   • Aadhaar Face Authentication Transactions Reach Record High of 10.6 Million in May 2023
     • Aadhaar-based face authentication transactions reached a record high of 10.6 million in May 2023, marking a 38% increase from January 2023. The Unique Identification Authority of India’s AI/ML-based solution is used by 47 entities, including government departments, ministries, and banks. The system is utilized for various purposes such as beneficiary registration, staff attendance, and opening bank accounts. Face authentication offers ease of use, faster authentication, and increased security against attacks. Additionally, Aadhaar e-KYC transactions surpassed 15.2 billion, benefiting sectors like banking and telecom. Overall, Aadhaar plays a crucial role in improving residents’ quality of life and facilitating digital governance in India.
   • Statistics Day 2023: Honoring Professor Mahalanobis & Promoting Sustainable Development Goals
     • The Indian government celebrates “Statistics Day” on June 29th each year to honor Professor Prasanta Chandra Mahalanobis. The main event in 2023 took place in New Delhi and included speeches from government officials, a presentation on the theme of Statistics Day, and the release of various reports on sustainable development goals.
2. International
   • India and Tanzania Strengthen Defence Ties in Joint Committee Meeting
     • India and Tanzania held the second Joint Defence Cooperation Committee (JDCC) meeting in Arusha. The Indian delegation discussed collaboration opportunities to enhance security in the Indian Ocean Region and emphasized India’s defence manufacturing capabilities. Both sides agreed on a five-year roadmap for defence cooperation, covering various initiatives. The visit aimed to strengthen defence relations between India and Tanzania.
   • Sri Lanka Unveils Comprehensive Debt Restructuring Plan to Meet IMF Targets
     • Sri Lanka has revealed a restructuring plan for its domestic debt to meet targets set by the IMF. The plan involves exchanging treasury bills for long-term bonds, offering three options for holders of locally issued dollar bonds. The plan also includes converting superannuation funds’ local currency bonds. The debt restructuring talks are expected to be finalized by September, aligning with the first review of the IMF program. The successful implementation of the plan is crucial for reducing debt-to-GDP, meeting financing needs, and maintaining fiscal targets.
   • ADB Approves $50 Million Loan to Enhance Nepal’s Trade and Policy Reforms
     • The Asian Development Bank (ADB) has approved a $50 million loan to Nepal to support policy reforms and enhance domestic and international trade. The loan aims to boost competitiveness, improve trade facilitation, and increase the contribution of trade to Nepal’s GDP. The program includes customs reform, digitalization, logistics sector development, and harmonization of technical standards to promote trade with India and Bangladesh.
   • World Bank Approves $700 Million for Sri Lanka’s Economic Recovery and Relief
     • The World Bank has approved $700 million in financing to help Sri Lanka recover from its economic crisis and provide relief to the poor and vulnerable. The funding is the largest since the IMF deal in March and will support reforms to restore stability, protect the disadvantaged, and promote a private-sector-led recovery. Sri Lanka’s economy contracted by over seven percent in 2022 due to economic difficulties and protests, leading to the ouster of the Rajapaksa family from politics. The country’s poverty rate has doubled, and deep reforms are needed to stabilize the economy.
3. Business
   • Industry Associations and SIG: Resolving Logistics Issues for Improved Efficiency and Economic Growth
     • Industry associations should participate in the E logs platform to address logistic issues and improve efficiency. The Service Investment Group (SIG) aims to resolve trade-related concerns and promote economic growth. The SIG meeting discussed various issues, including priority berthing charges, shipping costs, drafts at major ports, and acceptance of electronic bill of lading. The National Logistics Policy aims to lower logistics costs, enhance stakeholder interface, and address bottlenecks in the sector. The SIG acts as a platform for industry associations to engage and resolve trade-related issues.
   • Enhancing Credit for MSMEs: Driving Towards One Trillion Dollar Export Target by 2030
     • Indian Commerce and Industry Minister Piyush Goyal has urged banks to provide increased and affordable credit to Micro, Small, and Medium Enterprises (MSMEs) in order to achieve the target of one trillion dollars in merchandise exports by 2030. The Export Credit Guarantee Corporation Limited is considering extending a scheme for nine banks to all banks, aiming to boost export credit for MSME exporters. Goyal emphasized the importance of taking advantage of the scheme to reach the export target. The meeting also discussed the need for digitizing ECGC services and adopting a claim processing method similar to the Credit Guarantee Fund Trust for Micro and Small Enterprises.
   • Important Changes in Tax Collection and Remittance Scheme: Updated TCS Rates and Credit Card Payments
     • The Indian government has made important changes to the Tax Collection at Source (TCS) and the Liberalised Remittance Scheme (LRS). The rate of TCS remains unchanged for all purposes under LRS and for overseas travel tour packages, up to Rs. 7 lakh per individual per year. The implementation of revised TCS rates and the inclusion of credit card payments in LRS have been given more time. The increased TCS rates will come into effect from 1st October 2023.
   • JK Tyre Completes First Phase of Capacity Expansion, Boosting Output by 31%
     • JK Tyre has completed the first phase of expanding its manufacturing facility in Madhya Pradesh, resulting in a 31% increase in annual output capacity. The company plans to further enhance production capacity by 31% in the second phase of expansion, which is expected to be completed by April 2024. The expansion has created employment opportunities for 15,000 individuals and will generate additional employment for over 7,000 people, contributing to regional economic growth.
4. Sports
   • Indian Wrestlers Vinesh Phogat and Bajrang Punia Set for International Training Camps in Kyrgyzstan and Hungary
     • Indian wrestlers Vinesh Phogat and Bajrang Punia, both Target Olympic Podium Scheme (TOPS) athletes, have been approved for international training camps in Kyrgyzstan and Hungary. Bajrang Punia will train in Issyk-Kul, Kyrgyzstan for 36 days, while Vinesh Phogat will train in Bishkek, Kyrgyzstan for a week and then in Tata, Hungary for 18 days. The government will cover the expenses for their air tickets, accommodations, camp expenses, and more. Their support staff will be funded by Olympic Gold Quest (OGQ). They are scheduled to leave in the first week of July.
   • India Storms into Asian Kabaddi Championship Final, Defeating Iran: A Recap of the Thrilling Match
     • India advances to the final of the Asian Kabaddi Championship 2023 after defeating Iran in a close match. India has won four consecutive games in the tournament. Pawan Sehrawat, the captain of the Indian team, contributed 16 points. India will face Hong Kong in their final league match before the ultimate showdown. In previous matches, India achieved impressive victories against Japan, Korea, and Chinese Taipei. India has dominated the championship, winning seven out of the eight editions, while Iran won once in 2003.

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