National News
Karnataka Listening Dashboard for COVID-19- NASSCOM
- National Association of Software and Services Companies (NASSCOM) has delivered an end-to-end coronavirus tracking platform for Karnataka which is named as Karnataka Listening Dashboard for COVID-19.
DBS Bank Partners with TCIL
- DBS Bank has partnered with Transport Corporation of India Limited (TCIL) to grant a real-time payment solution facility to the truck drivers with the help of DBS RAPID (Real-time Application Program Interface of DBS).
‘MeraVetan’ Mobile App—Jammu and Kashmir
- Lieutenant Governor of Jammu and Kashmir has launched ‘MeraVetan’ Mobile App for government employees.
- The app is developed by National Informatics Center- J&K state which will provide end to end computerization of JK payment system (JKPaySys) application.
Healthy and Energy Efficient Buildings Initiative
- Energy Efficiency Services Limited (EESL) has partnered with MAITREE Program (Market Integration and Transformation Program for Energy Efficiency) to launch Healthy and Energy Efficient Buildings Initiative. MAITREE Program is launched by USAID (US Agency for International Development).
Kisan Credit Card Campaign —Launched for Dairy Farmers
- The Kisan Credit Card (KCC) will prove beneficial to 1.5 crore dairy farmers who come under the category of milk unions and milk-producing companies.
‘TULIP’ Program—A Urban Learning Internship Program
- All India Council for Technical Education (AICTE), Human Resource Development Ministry and Ministry of Housing and Urban Development have launched a TULIP Program which is an Urban Learning Internship Program.
‘Prevention of Human and Animal Mortality on Highways’
- Union Minister of Road Transport and Highways, Nitin Gadkari launched a campaign called ‘Prevention of Human and Animal Mortality on Highways’.
- The campaign was launched via video conference and aims to reduce deaths causing due to accidents on roads and highways.
President of India Announces Two Ordinances for Rural and Agriculture Sector
- President of India Ram Nath Kovind has announced two ordinances to boost the rural and agriculture sector of India.
- Both the ordinances will aim to boost rural India and the farmers who are engaged in agriculture and allied activities.
Banking
NABARD sanctioned Rs 1,050 crores to the Farmers and Poor People of West Bengal
- The National Bank for Agriculture and Rural Development (NABARD) has sanctioned an amount of Rs 1,050 crores as a special liquidity facility to the farmers and economically weaker section of West Bengal state.
- The amount will help to ensure the continuous credit flow to the farmers in the lockdown situation of COVID-19.
India’s Sovereign Credit Rating lowered to Baa3- By Moody’s Investor Service
- Moody’s Investor Service has lowered India’s Sovereign Credit Rating lowered to Baa3.
- Moody's Investor Service has also expected contraction by 4% in India’s real GDP for FY 2021 and also has an expected rise in the growth to 8.7% for FY 2022.
Payment Infrastructure Development Fund
- The fund has been launched to give a boost to the digital payment in India and will be used to create and encourage the acquirers to deploy and adapt Point of Sale (PoS) infrastructure in physical as well as digital modes in tier-3 to tier-6 centres and in northeastern states of India.
Indian Economy to Contract by 1.5% in FY21—By RBI
- The Reserve Bank of India has released a survey report describing that Indian economy to contract 1.5% for the financial year of 2021.
- The real gross fixed capital formation (GFCF) has registered a negative growth of 6.4% for FY 2020-21. However, it is expected to grow by 5.6% in 2021-22.
Index and Ranking
Times Higher Education (THE) Asia University Ranking
- In the Times Higher Education (THE) Asia University Ranking report, India has become the third most represented country which is having it's 8 instituted in top 100 lists.
- From Indian Institutes, the list is topped by Indian Institute of Science (IISc) which is at the rank position of 36th.
Reports
Start-up Ecosystems Ranking Report 2020
- Startup Blink which is a global innovation mapping and research company has released its Start-up Ecosystems Ranking Report 2020 titled as ‘Countries Global Ranking of Startup Ecosystem 2020’.
- The ranking is topped by the United States followed by the United Kingdom.
Appointments
| Name of the Person | Designation |
| PR Jaishankar | MD of India Infrastructure Finance Company Ltd (IIFCL) |
| Vasantharao Satya Venkata | Deputy MD of Small Industries Development Bank of India (SIDBI) |
| Harsha Bangari | Deputy MD of EXIM Bank |
| Arun Singhal | CEO of FSSAI (Food Safety and Standards Authority of India) |
| Anita Kotwani | CEO of Carat India |
| Ravinder Singh Dhillon | Chairman and MD of Power Finance Corporation |
| R K Chaturvedi | Secretary in the Department of Chemicals and Petrochemicals in the Ministry of Chemicals and Fertilizers, GOI |
| Pradip Kumar Tripathi | Secretary in the Ministry of Steel, GOI |
| Lt Gen Manoj Pande | 15th Commander in Chief of the Andaman and Nicobar Command (CINCAN) |
| Mohandas Pai | Chairman of the committee on Service Provider of IBBI (Insolvency and Bankruptcy of India) |
| Sibi George | India’s next ambassador to Kuwait |
| Raveesh Kumar | India’s next ambassador to Finland |
| Gaitri Kumar | Next High Commissioner of India to the United Kingdom |
| Sushil Singhal | Next High Commissioner of India to Papua New Guinea |
| V N Datt | New CMD of National Fertilizers Limited |
| Krishnendu Majumdar | New Chairman of British Academy of Film and Television Arts (BAFTA) |
| Patrick Pichette | New Board Chairman of Twitter |
| Sanjiv Bajaj | Vice President of Confederation of Indian Industry (CII) |
| Subramanian Sundar | MD and CEO of Lakshmi Vilas Bank |
Awards and Honours
| Awards | Awardee |
| EY World Entrepreneur of the Year 2020 | Kiran Mazumdar Shaw |
Important Days
| Date | Day | Theme |
| 1st June 2020 | World Milk Day | -- |
| 1st June 2020 | Global Day of Parents | -- |
| 2nd June 2020 | Telangana Formation Day | -- |
| 3rd June 2020 | World Bicycle Day | -- |
| 4th June 2020 | International Day of Innocent Children of Aggression | -- |
| 5th June 2020 | World Environment Day | -- |
| 6th June 2020 | Russian Language Day | -- |
| 7th June 2020 | World Food Safety Day | -- |
MoUs Signed
IRCON signs MoU with NIIFL and AYANA—To Explore Solar Energy Usage
- Ircon International Ltd has signed a MoU with National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power Private Limited (AYANA) which is an NIIF platform to explore solar energy and to work on its opportunities in the country.
India signs MoU with Bhutan: Co-operation in the Areas of Environment
- India signs MoU with Bhutan to improve the co-operation in the areas of Environment.
- The MoU was approved by a cabinet committee chaired by PM Narendra Modi.
GAIL India Ltd signs MoU with EESL
- GAIL India Ltd, a Natural Gas Company has signed a MoU with Energy Efficiency Services Ltd (EESL) to develop Trigeneration projects in India.
- The partnership will develop businesses opportunities in the Trigeneration segment of India.
Government Schemes
Electronics Manufacturing Scheme 2.0—By MEITY
- The outlay of ‘Electronics Manufacturing Scheme 2.0’ is Rs 50,000 crore which will help to boost electronics market in India and which will lead to achieving USD 1 Trillion digital Indian economy and a USD 5 Trillion GDP by 2025.
‘Nagar Van’ or ‘Urban Forest’ Scheme
- On the occasion of World Environment Day 2020 (5th June), the central government has come up with a scheme titled as ‘Nagar Van’ or ‘Urban Forest’ Scheme.
- Under this scheme , forests in the urban areas of the country will be developed within a span of 5 years.
Defence
‘Ultra Swachh’—By DRDO
- Defence Research and Development Organisation (DRDO) has developed a disinfection unit called ‘Ultra Swachh’.
- The disinfection unit will help to disinfect materials like electronic equipments, fabrics, PPE kits etc.
Science and Technology
One Sun One World One Grid—By MNRE Ministry
- Ministry of New and Renewable Energy launched an initiative called ‘One Sun One World One Grid’.
- This initiative is launched to interconnect renewable energy by sharing solar resources with more than 140 countries of West Asia and South East Asia.
CHAMPIONS Technology Platform—Launched by PM Narendra Modi
- Prime Minister Narendra Modi launched a technology platform called CHAMPIONS (Creation and Harmonics Application of Modern Processes for Increasing the Output and National Strength).
- This platform is for MSMEs (Micro, Small and Medium Enterprises).
‘Responsible AI for Youth’ and AI portal—Launched By Ravi Shankar Prasad
- He also launched an India’s National Artificial Intelligence (AI) portal called www.ai.gov.in which is developed by National e-governance division of Ministry of Electronics and IT and NASSCOM as IT partner.
SANSA and NASA to Support Human Spaceflight Missions to the Moon and Mars
- The South African National Space Agency (SANSA) has collaborated with National Aeronautics and Space Administration (NASA) to support human spaceflight missions to the Moon, Mars and beyond.
Low Cost and Efficient Way to Generate Hydrogen from Water
- Researchers at the Centre for Nano and Soft Matter Sciences (CeNS) has discovered a catalyst called Molybdenum Dioxide which has proven to be a low Cost and efficient way to generate hydrogen from water.
Summits and Conferences
Pan-India Real Team Market (RTM) in Electricity
- Union Minister of State (IC) Power and New and Renewable Energy and Union Minister of State for Skill Development and Entrepreneurship R.K. Singh has launched Pan-India Real Team Market (RTM) in Electricity through video conference in New Delhi.
Virtual Global Vaccine Summit 2020
- Virtual Global Vaccine Summit 2020 was conducted on 4th June 2020 and was hosted by the United Kingdom.
- United Kingdom’s Prime Minister Boris Johnson led the Global Vaccine Summit 2020.
India and Australia Virtual Bilateral Summit
- India and Australia Virtual Bilateral Summit were held between the PM of India Narendra Modi and PM of Australia Scott Morrison.
- In this summit, India and Australia have signed seven different agreements in various fields.
