Current Affairs – June 12, 2019

Here’s your daily summary of Current Affairs – June 12, 2019

National - Current Affairs - June 12, 2019

Centre sets a target of providing clean drinking water to all by 2024

1c 6 - Current Affairs - June 12, 2019
The Centre has set a target of providing clean drinking water to all by 2024. Jal Shakti Minister Gajendra Singh Shekhawat told this to reporters in New Delhi after holding discussions with officials and Ministers from several states looking after water-related issues.
Mr. Shekhawat said, in states like Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Jharkhand and Odisha, the coverage of clean drinking water is less than five percent. He said, only in Sikkim 99 percent of households get tapped water.

 

France to provide up to 7 lakh euros for railway station development in India

2c 6 - Current Affairs - June 12, 2019
Indian Railway Station Development Corporation (IRSDC) has entered into a tripartite agreement with French National Railways (SNCF) and French Development Agency (AFD), under which a grant of up to 7 lakh euros will be provided to boost capacity building for railway station development program in India.
The agreement was signed in the presence of Suresh Angadi, Minister of State of Railways, and Jean Baptiste Lemoyne, Minister of State for Europe and Foreign Affairs of France, Alexandre Ziegler, Ambassador of France in India and other senior officers of French Embassy and Indian Railways.

 

Centre sets up a committee headed by Kirit Parikh to review LPG marketing

3c 6 - Current Affairs - June 12, 2019
After increasing the penetration of liquefied petroleum gas (LPG) over the last four years, the Ministry of Petroleum and Natural Gas is now looking to review the existing structure of LPG marketing in India — a move seen as an effort to bring in more private players. To review the existing marketing structure, the Centre has set up a five-member committee headed by economist Kirit Parikh.
Based on the LPG (Regulation of Supply and Distribution) Order, 2000, private players are eligible to operate as parallel marketeers of LPG. The new committee, set up on May 30, will look into issues related to definition or quality standards of LPG being marketed. Its terms of reference also include scope for liberalizing government policies for private participation.

 

India, Portugal to join hands in setting up a maritime museum

4c 5 - Current Affairs - June 12, 2019
India and Portugal will cooperate in the setting up of a national maritime heritage museum at Lothal in Gujarat. The Indian Navy is keen to be a stakeholder in the project and the Portuguese Navy has agreed to assist with their experience of administering the maritime museum in Lisbon, according to defence sources. Initial discussions were held during the visit of Portuguese Defence Minister João Gomes Cravinho to India in April.

 

All States can now constitute Foreigners Tribunals

5c 5 - Current Affairs - June 12, 2019
The MHA has amended the Foreigners (Tribunals) Order, 1964, and has empowered district magistrates in all States and Union Territories to set up tribunals to decide whether a person staying illegally in India is a foreigner or not. Earlier, the powers to constitute tribunals were vested only with the Centre.
The amended Foreigners (Tribunal) Order, 2019 also empowers individuals to approach the Tribunals. Earlier only the State administration could move the Tribunal against a suspect, but with the final NRC about to be published and to give adequate opportunity to those not included, this has been done. If a person doesn’t find his or her name in the final list, they could move the Tribunal.

 

Sashakt Committee recommends changes in Inter-Creditor Agreement

6c 6 - Current Affairs - June 12, 2019
The Sashakt Committee has recommended that the existing Inter-Creditor Agreement (ICA) incorporate the revised voting threshold and other changes for decision making stipulated by the Reserve Bank of India. In a statement, it said that this will enable expeditious implementation of the new framework on stressed assets.
“The Sashkat ICA can be modified to incorporate the requirements of New Framework and serve as the Master Inter-Creditor Agreement for resolution of all stressed asset under BLRA. The New Framework is pragmatic and a step in the right direction. It takes care of all stakeholders interests,” said Sunil Mehta, chairman of Sashakt Committee.

 

ICAT Releases India’s 1st BS VI Certificate In Two Wheeler Segment

7c 6 - Current Affairs - June 12, 2019
International Centre for Automotive Technology (ICAT) released India’s first Type Approval Certificate (TAC) for Bharat Stage – VI (BS – VI) norms for the two-wheeler segment in New Delhi. The certificate was released and handed over by Director ICAT, Dinesh Tyagi to top officials of the OEM (Original Equipment Manufacturers).
Speaking on this occasion Dinesh Tyagi said that this is India’s first certification in the two-wheeler segment for the BS – VI norms that are the latest emission norms as notified by the Government of India.

 

RBI forms committee to review ATM Interchange Fee Structure

8c 6 - Current Affairs - June 12, 2019
The Reserve Bank of India has constituted a Committee to examine the entire gamut of ATM charges and fees. The composition of the Committee is as under: The Reserve Bank of India had announced in the Second Bi-Monthly Monetary Policy for the year 2019-20 on 6 June 2019 that it will constitute a Committee to Review the ATM Interchange Fee Structure with a view to give a fillip to the ATM deployment in the unbanked areas.
The committee is headed by V. G. Kannan, Chief Executive, Indian Banks’ Association. The other member of the committee includes Dilip Asbe, Chief Executive Officer, National Payments Corporation of India, Giri Kumar Nair, Chief General Manager, State Bank of India, S Sampath Kumar Group Head, Liability Products, HDFC Bank, K Srinivas Director, Confederation of ATM Industry, Sanjeev Patel, Chief Executive Officer, Tata Communications Payment Solutions.

 

International - Current Affairs - June 12, 2019

Amazon beats Apple and Google to become the world’s most valuable brand

9c 6 - Current Affairs - June 12, 2019
Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, according to a ranking of global companies, up 52% on last year. Apple comes second, valued at $309.5 billion, with Google in third place, at $309 billion, according to the BrandZ Top 100 Most Valuable Global Brand ranking 2019, compiled by WPP research agency Kantar and released on June 11.

 

Facebook launches 1st interactive game show in India

10c 5 - Current Affairs - June 12, 2019
Social networking giant Facebook on Tuesday announced its first interactive game show, titled “Confetti” in India. Starting June 12, the interactive show will air from Wednesday to Sunday on Facebook’s dedicated video platform – Facebook Watch, the company said in a statement.
First launched in the US, the interactive game will challenge participants to answer pop culture trivia questions for a chance to win Rs. 3 lakh as cash prize every day.

 

Appointments 330 x 70 - Current Affairs - June 12, 2019

Government appoints Vigilance Commissioner Sharad Kumar as interim CVC

11c 6 - Current Affairs - June 12, 2019
Vigilance Commissioner Sharad Kumar has been named interim CVC until a new incumbent is chosen by Prime Minister Narendra Modi-headed selection panel. Central Vigilance Commissioner (CVC) K V Chowdary and Vigilance Commissioner T M Bhasin completed their tenure at the anti-graft body on 9th and 10th of June respectively.
Kumar, who is the other Vigilance Commissioner, has been authorized to act as the CVC until the appointment of the Central Vigilance Commissioner.

 

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