Daily Current Affairs and GK | 1 July 2022

By Priyanka Chaudhary | Last Modified: 01 Jul 2022 17:32 PM IST

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Topic: National Appointments

1. K.K. Venugopal has been re-appointed as Attorney General for three months.

  • He was appointed by the President as Attorney General of India in July 2017. His present tenure ended on June 30.
  • He is not willing to continue in the constitutional post due to "personal reasons”.
  • He has appeared in many cases related to Constitutional and corporate law.
  • Attorney General of India:
    • He is the chief legal advisor of the government.
    • He is appointed by President under the Article 76 of the Indian Constitution.
    • He has the right to participate in the proceedings of both the house but he cannot vote in the parliament.
    • M. C. Setalvad was the first Attorney General of India.

Topic: Indian Economy

2. Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries (ICI) for May 2022 on 30 June 2022.

  • The combined ICI increased at 18.1% (provisional) in May 2022 as compared to the Index of May 2021. In May 2022, the Index stood at 148.1.
  • Core industries output recorded growth of 18.1% in May 2022 against 16.4% in the corresponding month of previous year (May 2021).
  • The final growth rate of ICI for February 2022 has been revised to 5.9% from its provisional level of 5.8%.
  • In May 2022, the cement industry recorded the highest growth of 26.3%.
  • Index of Eight Core Industries (ICI):
    • It measures combined and individual performance of production in selected eight core industries.
    • The eight core industries are Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.
    • The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).

Topic: Sports

3. Neeraj Chopra won silver medal at Diamond League meet in Stockholm.

  • He won his first-ever medal at Diamond League meet in Stockholm.
  • He broke his own national record for the second time in a month.
  • He finished second with a throw of 89.94 meter. World champion Anderson Peters won the event with a throw of 90.31 meters. 
  • Neeraj Chopra broke the record of 89.30 meters. He set this record at the Paavo Nurmi Games in Turku earlier this month.
  • Javelin thrower Neeraj Chopra is the first Indian who won a gold medal in athletics at the Olympics.

Diamond League meet in Stockholm

(Source: News on AIR)

Topic: Reports and Indices

4. Four Indian cities are included in the list of top 20 sustainable cities according to Asia Pacific Sustainability Index 2021.

  • These cities are Bengaluru, Delhi, Hyderabad and Mumbai.
  • Bengaluru was ranked 14th in the APAC region. It is the only Indian city to achieve the ‘Gold’ standard category.
  • Delhi ranked second amongst the Indian cities (ranked 17th in the APAC region).
  • Hyderabad ranked third among the Indian cities and 18th in the APAC region. Mumbai is in the 20th position in the APAC region.
  • India is the sixth-largest country in APAC based on the total amount of green bonds issued in 2021.
  • According to statistics provided by the Climate Bonds Initiative, China issued the largest amount of green bonds in APAC in 2021.
  • Global property consultant, Knight Frank’s APAC Sustainably Led Cities Index rated 36 cities on the basis of four parameters.
  • These parameters are urbanisation pressure, climate risk, carbon emissions and government initiatives.
  • Top five green-rated cities in commercial real estate in the Asia-Pacific region are Singapore, Sydney, Wellington, Perth, and Melbourne.

Topic: State News/Maharashtra

5. Eknath Shinde sworn in as the Chief Minister of Maharashtra.

  • Devendra Fadnavis took oath as Deputy Chief Minister.
  • On 29 June, Uddhav Thackeray stepped down as the Chief Minister of Maharashtra.
  • The Governor of Maharashtra has asked Chief Minister Shinde to prove the majority of his government in the state assembly on July 2.
  • On July 2, the assembly's Speaker will also be elected.
  • Shinde was serving as the Urban Development Minister in the previous Maha Vikas Aghadi government.
  • Chief Minister:
    • Chief Minister is the elected head of the government of a state.
    • Article 164 states that the Chief Minister shall be appointed by the Governor and the other ministers shall be appointed on the advice of the Chief Minister.
    • He advises the Governor regarding the appointment of other Ministers and decides the portfolios for them.

Chief Minister of Maharashtra

(Source: News on AIR)

Topic: Important Days

6. International Asteroid Day 2022: 30 June

  • Every year on June 30, World Asteroid Day is celebrated across the world.
  • The purpose of World Asteroid Day is to increase public awareness about the dangers posed by asteroids.
  • The theme of International Asteroid Day 2022 is “Small is beautiful.”
  • It is celebrated on the anniversary of the 1908 Tunguska incident in Siberia.
  • The UN declared June 30 as World Asteroid Day in December 2016.
  • Asteroids are small rock-like structures that revolve around the Sun. These are found orbiting around the Sun between Mars and Jupiter.
  • Two organizations were founded in 2013 and 2014 related to asteroids: 
    • Space Mission Planning Advisory Group (SMPAG): It assists nations in evaluating the potential effects of an asteroid impact and developing mitigating strategies.
    • International Asteroid Warning Network (IAWN): It assists in determining the technology required for deflecting Near-Earth object.
 
Related Study Material
Evolution and History of the Indian Constitution Preamble of the Indian Constitution
Major sources of Indian Constitution President of India
Ramsar sites of India 2022 Classification of Rocks
Interior of the Earth Tax system in India

Topic: Important Days

7. GST Day: 1 July

  • Finance Minister Nirmala Sitharaman inaugurated celebrations of the 5th GST Day on 01 July 2022 in New Delhi.
  • A booklet, GST@5 was also released during the event.
  • GST Day commemorates the implementation of the Goods and Services Tax (GST).
  • GST replaced the old indirect tax regime. It was launched on the intervening night of 30th June and 1st July, 2017.
  • It was launched with the idea of One Nation- One Market- One Tax. It is an indirect consumption-based tax system.
  • GST was brought to bring uniformity of tax rates, remove the cascading of taxes, improve competitiveness and for facilitating manufacturers and exporters.

Topic: Reports and Indices/Ranking

8. Finance Minister Nirmala Sitharaman released an assessment report of States/UTs based on the implementation of BRAP 2020.

  • In the report, seven states are listed as top achievers in the best performers category.
  • These states are Tamil Nadu, Andhra Pradesh, Telangana, Gujarat, Haryana, Karnataka, and Punjab.
  • This year, the report classifies states/UTs into four categories. These categories are Top Achievers, Achievers, Aspirers, and Emerging Business Ecosystems.

Category

States/UTs included in the category

Top Achievers category

7 states (Tamil Nadu, Andhra Pradesh, Telangana, Gujarat, Haryana, Karnataka and Punjab)

Achievers category

6 states (Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh)

Aspirers category

7 States (Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan, and West Bengal)

Emerging Business Ecosystems category

11 states and UTs (Andaman & Nicobar, Bihar, Chandigarh, Daman & Diu and Dadra & Nagar Haveli, Delhi, Jammu & Kashmir, Manipur, Meghalaya, Nagaland, Puducherry, and Tripura)

 

  • Department for Promotion of Industry and Internal Trade (DPIIT) has been releasing BRAP since 2014.
  • So far 4 editions of the assessment of States/UTs have been released. The latest edition is the assessment of BRAP 2020.
  • About Business Reforms Action Plan (BRAP) 2020:
    • It includes 301 reform points. They cover 15 business regulatory areas such as Access to Information, Single Window System, Labour, Environment, Sectoral Reforms and other reforms.
    • Sectoral reforms have been introduced for the first time in BRAP 2020 with 72 reforms across 9 key sectors.

Topic: State News/ Telangana

9. Chief Minister K Chandrashekhar Rao inaugurated the world’s largest innovation centre in Hyderabad.

  • T-Hub 2.0, the world’s largest innovation centre, has been inaugurated to incubate the next generation of startups.
  • It is phase 2 of the T-Hub, which will support 2,000 startups in a total built-up area of 5,82,689 square feet.
  • T-Hub will help young Indians to launch their startups with a collaborative innovation ecosystem.
  • Telangana’s startup ecosystem is among the top10 global ecosystem in affordable talent and it is in the top 15 in Asia in terms of attracting funds.
  • Hyderabad-based startups are providing valuable contributions in IT, life sciences, aerospace, etc.

Topic: Reports and Indices/Ranking

10. India’s urban population will reach 675 mn in 2035: United Nations-Habitat’s World Cities Report 2022.

  • According to the United Nations-Habitat’s World Cities Report 2022, the global urban population will grow by 2.2 billion people by 2050.
  • It states that rapid urbanization had temporarily stalled due to the COVID-19 pandemic.
  • India’s urban population is projected to reach from 483,099,000 in 2020 to 675,456,000 in 2035. By 2035, India’s urban population percentage will be 43.2.
  • China’s urban population is projected to reach 1.05 billion by 2035.
  • The urban population in Asia will be 2.99 billion in 2035 and in South Asia, it will be 987,592,000.
  • The report said that urban poverty and inequality will remain the key challenge for cities.
  • Climate change challenges like warm climates, floods, and air pollution are the main challenges to the cities in the world.

Topic: National News

11. PM Narendra Modi addressed Udyami Bharat Programme in New Delhi.

  • PM Narendra Modi also launched several schemes and programmes and distributed National MSME Awards.
  • He launched the Raising and Accelerating MSME Performance (RAMP) Scheme and Capacity Building of First-Time MSME Exporters Scheme and the new features of the 'Prime Minister's Employment Generation Programme' (PMEGP).
  • He announced the results of the MSME Idea Hackathon 2022 and distribute National MSME Awards 2022.
  • He also issued Digital Equity Certificates to 75 MSMEs in Self Reliant India (SRI) Fund.
  • The government had launched several initiatives for MSMEs like MUDRA Yojana, Emergency Credit Line Guarantee Scheme, and Scheme of Fund for Regeneration of Traditional Industries (SFURTI) etc.
  • MSMEs’ share in India’s exports is around 48 per cent over the last few years. MSMEs contribute around one-third to India’s GDP.
  • Note:
    • The Raising and Accelerating MSME Performance (RAMP) program is a World Bank-supported central sector scheme. It will help the MSME sector in becoming more resilient, competitive, and efficient.
    • ‘Capacity Building of First-Time MSME Exporters’ (CBFTE) scheme has been launched to improve the quality of MSME products at par with international standards.

Topic: State News/ Maharashtra

12. Aurangabad renamed as Sambhajinagar and Osmanabad as Dharashiv.

  • Maharashtra government has cleared a proposal to rename Aurangabad as Sambhajinagar and Osmanabad as Dharashiv.
  • The state government has also approved the proposal of the naming upcoming Navi Mumbai international airport after D B Patil.
  • In 1653, Aurangzeb renamed Fatehnagar as Aurangabad. He shifted his court from Delhi to Aurangabad in 1681 to conduct his military campaigns in the Deccan.
  • ‘Sambhajinagar’ is kept after Sambhaji Bhosale, the second Chhatrapati of the Maratha Empire.
  • Osmanabad derives its name from the Mir Osman Ali Khan, the last ruler of Hyderabad. It is the seventh-largest city in Marathwada.

Topic: National Appointments

13. Sandeep Kumar Gupta to be the next chairman of GAIL.

  • Sandeep Kumar Gupta has been selected as the new chairman and managing director of GAIL.
  • He will take the place of Manoj Jain, who is scheduled to retire on August 31.
  • The Public Enterprises Selection Board has recommended the name of Sandeep Kumar Gupta.
  • He is currently serving as the Director for Finance at Indian Oil Corporation.
  • The Appointments Committee of the Cabinet will approve the appointment after the go-ahead by CVC and CBI
  • GAIL:
    • It is India's largest gas transmission and gas marketing company.
    • It has a 14,502-kilometre gas pipeline network and a capacity of 206 million standard cubic meters a day.

Topic: International Appointments

14. Ferdinand Marcos Jr. takes oath as 17th President of the Philippines.

  • Ferdinand Marcos Jr. had won the elections in May by receiving 31.6 million votes.
  • Marcos Jr. is popularly known as “Bongbong”. He took the oath at the National Museum of Fine Arts in Manila.
  • Ferdinand Marcos Jr. will serve as President until 2028. Sara Duterte Carpio becomes the new Vice President.
  • Ferdinand Marcos has taken place of Rodrigo Duterte, who served as the President of the Philippines from 2016 to 2022.
  • The President heads the executive branch of the Philippines government. President is directly elected by the people.
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