Current Affairs: 28 June 2019

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                                       NATIONAL

1-Government forms 18-member working group headed by Ramesh Chand, NITI Aayog member, to revise current series of WPI
  • On June 27, 2019, Government formed a 18-member working group headed by Ramesh Chand, member of NITI (National Institution for Transforming India) Aayog, to revise current series of Wholesale Price Index (WPI) with base year 2011-12 and come up with a new Producer Price Index (PPI).
  • i. The revision of the base year 2011-12 will help to describe a more realistic picture of the price situation and its impact on people. It will draft a roadmap to switch over from WPI to PPI.

2- Go Tribal campaign by Tribes India launched in New Delhi
  • On June 28, 2019, “Go Tribal Campaign” by Tribes India was launched by Minister of State for Tribal Affairs, Smt. Renuka Singh in the presence of Shri R.C. Meena, Chairman, Tribal Cooperative Marketing Development Federation of India  (TRIFED), Shri Deepak Khandekar, Secretary, Ministry of Tribal Affairs and Shri Pravir Krishna, Managing Director, TRIFED in New Delhi.

3- The 32nd edition of ISTA Congress takes place in Hyderabad
  • An eight-day event of the 32nd edition of International Seed Testing Association (ISTA) Congress has started in Hyderabad, Telangana. The Ministry of Agriculture and Farmers’ Welfare and the Telangana government have jointly hosted the event which is being held for the first time in South Asia.

4 -Indian Crypto Exchange Koinex Shuts down its operation
  • India’s Largest cryptocurrency exchange, Koinex (Mumbai) terminating its digital asset trading services and other crypto-related operations citing regulatory uncertainty and disruption.

5 - India and World Bank sign USD 400M loan agreement to eliminate TB
  • On June 28, 2019, The World Bank and the Government of India signed a loan agreement of $400 Million for the Program Towards Elimination of Tuberculosis(TB), which kills approximately half a million people in India every year. The program will cover nine States of India.
  • i. It will also support the government’s National Strategic Plan to end TB in India by 2025.
  • ii. The $ 400 Million loan from the International Bank for Reconstruction and Development (IBRD) has a 19-year maturity which includes a 5-year grace period

6- India the Lowest Cost Producer of Solar Power; beats China, UK, US among others
  • According to a report, “Renewable Power Generation Costs in 2018” by the International Renewable Energy Agency (IRENA), India leads in producing solar power at lowest cost globally and is far ahead of other nations in low average production costs.

7 -Nirmala Sitharaman, Union finance & Corporate Affairs minister, among ‘100 Most Influential in UK-India Relations: Celebrating Women’ list 
  • On June 24, 2019, To mark ‘India Day’ in the Houses of Parliament in London, United Kingdom (UK), Sajid Javid, Home Secretary of UK, released the ‘100 most Influential in UK-India Relations: Celebrating Women’ list. Finance & Corporate Affairs Minister of India, Nirmala Sitharaman, was one among the 100 most influential women driving the UK-India relationship forward.

APPOINTMENTS & RESIGNS
1 - Narinder Batra, IOA and FIH chief, elected as the member of IOC
  • On June 26, 2019, Narinder Batra, President of Indian Olympic Association (IOA) and Fédération Internationale de Hockey (FIH) was elected as a member of the International Olympic Committee (IOC) in the IOC Session. He received 58 votes out of 62. With the election of 10 new members, the total number of IOC members rose to 105.

2 - Sarada Kumar Hota took over as NHB MD
  • According to the Finance Ministry, Government of India, Canara Bank General Manager (GM)Sarada Kumar Hotahas assumed charge as the National Housing Bank (NHB) Managing Director for a period of three years. He succeeds Sriram Kalyanaraman.

SPORTS
1 - Italy to host 2026 Winter Olympics
  • On June 24, 2019, In the final round of voting at the 134th session of the International Olympic Committee (IOC) in Lausanne, Switzerland, Italy’s Milan and Cortina d’Ampezzo won the right to host the 2026 Winter Olympics, defeating Sweden’s capital Stockholm. Milan and Cortina d’Ampezzo received 47 votes from the IOC members and Stockholm secured 34 votes.

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CurrentAffairs: Current Affairs: 28 June 2019
Current Affairs: 28 June 2019
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