Current Affairs 1st July 2017 - Banking, SSC, UPSC Affairs

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Prime Minister Narendra Modi inaugurated Textiles India 2017.  India’s first ever mega textiles trade fair at Gandhinagar, Gujarat. The three-day fair will showcase the nation as a global sourcing hub and investment destination for manufacturers worldwide. It aims to explore opportunities and strengths of textiles and apparel manufacturing in India for global investors and forge collaboration with global players in the textiles segment.

Election Commission (EC) launched the nationwide month-long special drive from 01st July 2017 for maximisation of registration of eligible electors with the focus on left out eligible young citizens in the age group of 18-19. In the month of June, the election officials have completed preparatory work like identification of critical gaps in existing electoral rolls, strengthening of infrastructure and sensitization of ground level electoral machine.  The EC has also sent the communication to all recognised political parties seeking their cooperation for the success of the Special Drive.

Japan's Aerospace Exploration Agency (JAXA) planned to land an astronaut on the moon by 2030, joining China in a new manned race to space. The idea is to first join a NASA-led mission in 2025 to build a space station in the moon's orbit, as part of a longer-term effort by NASA to reach Mars. National Aeronautics and Space Administration (NASA) and other global space agencies are working hard on sending astronauts to Mars by the 2030s.

The International Day of Cooperatives is observed on July 1 across the world. The theme for the 2017 International Day of Cooperatives is ‘Co-operatives ensure no one is left behind’. Cooperative enterprises are based on ethics, values, and a set of seven fundamental principles that keep people, rather than profit, at the centre of their businesses. It is a self-help tool for people to create their own economic opportunities through the power of the collective and pull themselves out of poverty.

The President of India, Shri Pranab Mukherjee inaugurated an exhibition of artworks at Academy of Fine Arts, Kolkata. He also received the first copies of two Coffee Table books ‘Images and Impressions' Profile and Persona of Pranab Mukherjee’ and ‘Pranab Mukherjee 100 Frames’ from the Governor of West Bengal, Shri Keshari Nath Tripathi who formally released these books. 

Union Government has lowered interest rate on small saving schemes by 0.1 percent for the July- September quarter. The rates of small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi have been lowered across the board compared to the April-June quarter.  The investment on 5-year Senior Citizens Savings Scheme will yield 8.3 per cent.

The Union Ministry of Science & Technology launched National Biopharma Mission, a first ever Industry-Academia mission to accelerate biopharmaceutical development in India. Under this mission, the ministry also launched Innovate in India (i3) program to create an enabling ecosystem to promote entrepreneurship and indigenous manufacturing in the sector.  The i3 is a flagship program of the Government of India in collaboration with World Bank. 

President Pranab Mukherjee appointed senior advocate and constitutional expert K K Venugopal (86) as the new Attorney General of India. He succeeds Mukul Rohatgi as the country’s top law officer. Attorney General for India is the Indian government’s chief legal advisor and its primary lawyer in the Supreme Court of India.

R K Pachnanda takes charge as Director General of Indo-Tibetan Border Police (ITBP).  He is the 29th Chief of the ITBP. He also served in all the major central paramilitary forces and agencies namely CRPF, CISF, BSF, NDRF, SPG, CBI and now the ITBP.

Jaco Van Niekerk of South Africa Breaks 300m World Record at Golden Spike Meet recently. He broke Michael Johnson’s previous world record in the 300m of 30.85. He was already the first ever sprinter to run sub-10 in the 100m, sub-20 in the 200m, and sub-44 in the 400m race.

Shamma Jain appointed as the next Ambassador of India to Greece. She succeeds M Manimekalai as Indian envoy in Greece. She has also served in Indian missions in Italy, the Philippines, Washington DC, Turkey and Argentina.

Union Health Ministry’s mobile app Electronic Vaccine Intelligence Network (EVIN) wins GSMA Asia Mobile Award recently. The Electronic Vaccine Intelligence Network (EVIN) is an online real-time vaccine logistics management system developed and implemented by the Ministry of Health and the United Nations Development Programme (UNDP). It has recognised the contributions of several transformative mobile innovations making a mark in the Asian region.

Anti-hunger activist Ankit Kawatra has been awarded the Queen’s Young Leaders Award for 2017 by Queen Elizabeth II at a ceremony in the Buckingham Palace. The award recognises exceptional work towards solving hunger and malnutrition in India. Ankit Kawatra is the founder of Feeding India, an organisation which works towards eradicating hunger and food wastage in India. The organisation which was established in 2014 functions across 43 Indian cities with the help of 4,500 volunteers serving 8 million meals to the needy.

The National Aeronautics and Space Administration(NASA) successfully launched Terrier-Improved Malemute sounding rocket that created colourful artificial clouds visible in the skies of the United States Of America. The rocket was launched from its Wallops Flight Facility in Virginia. The artificial clouds or vapour tracers will help in understanding the movement of the particles in the ionosphere. It will help to learn more about the movement of the air currents at that altitude. 

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