1. Ursula von der Leyen appointed as European Commission president
Germany’s Ursula von der Leyen is appointed by the European Union (EU) leaders asbloc’s next Chief Executive (European Commission president).
- She will be the first woman in history to achieve the position. She will be replaced Jean-Claude Juncker.
- She will protect the Union’s most important institution to set the bloc’s policy agenda. The Union is made up of 28 commissioners.
Ms.Ursula, the 60-year-old gynecologist, started her political career in her early age of 40. In 1990 she joined Angela Merkel’s Christian Democratic Union party (CDU) and worked for 14 years.
In 2009 Van der Leyen moved to the Labor Ministry, before becoming the first female defense minister in 2014.
2. Hima Das gained the women’s 200m gold in the Poznan Athletics Grand Prix in Poland
Star Indian sprinter Hima Das has won the women’s 200m gold in the Poznan Athletics Grand Prix in Poland. She was clocked 23.65s on her way to the 200m gold. This was Hima’s first competitive 200m race of the year 2019.
- The national record holder shot putter Tajinder Pal Singh Toor bagged a bronze with a best effort of 19.62m.
- VK Vismaya finished third with a personal best time of 23.75s in the race at Poznan Asian champion.
- Muhammed Anas, the 400m national record holder, secured third in the men’s 200m race with a timing of 20.75 seconds.
- K S Jeevan won the men’s 400m bronze in 47.25s.
Hima Das, nicknamed the Dhing Express, is an Indian sprint runner from the state of Assam.
- She endures the current Indian national record in 400 meters with a timing of 50.79 s that she clocked at the 2018 Asian Games in Jakarta, Indonesia
- She was conferred with Arjuna award by the President of India on 25 September 2018. She was appointed as India’s first ever youth ambassador of UNICEF.
3. Economic Survey for 2018-19 prophesied a 7 percent GDP growth for the financial year 2019-20
Union Finance Minister Nirmala Sitharaman sponsored the Economic Survey for the year 2018-19 in the Parliament on July 5. The survey predicted 7% GDP growth for the financial year 2019-20, compared to 6.8% in 2018-19. The Economic Survey was prepared by Chief Economic Advisor KV Subramanian.
- In the second term of the NDA Government, Modi has laid a goal to bring Indian economy to a $ 5 trillion economy by 2024-25. According to the Economic Survey, India needs to sustain a real GDP growth rate of 8%.
- It has also been said in the report that India remained the world’s fastest-growing economy in 2018-19, despite this, the slight increase of GDP was increased from 7.2% in 2017-18 to 6.88 % in 2018-19 doing.
Highlights of Economic Survey 2019-20 I
- Finance and Corporate Affairs Minister Nirmala Sitharaman tabled the Economic Survey 2018-19 in both Houses of Parliament.
- The survey also lays down the strategic blueprint for fructifying Prime Minister Narendra Modi’s vision of India becoming a 5 trillion dollar economy by 2025.
- To achieve the vision, India needs to shift its gears to accelerate and sustain a real GDP growth rate of 8 percent.
- The survey projects GDP to grow at 7 percent in 2019-20.
- Imports are slated to grow at 15.4 percent while exports are projected to grow at 12.5 percent for the year 2018-19.
- The Indian economy is expected to grow at 6.8 per in 2018-19 while maintaining macro-economic stability.
- The fiscal deficit has been pegged at 3.4 percent of GDP for 2018-19. The survey has provisionally estimated 2.9 percent growth rate for the agriculture, forestry and fishing sector.
- 283.4 million tonne foodgrain production has been projected.
Highlights of Economic Survey 2019-20 II
- It has put forex reserves at 412.9 billion dollars for fiscal 2018-19.
- The Economic Survey 2018-19 highlights the importance of investing in social infrastructure, especially education and health, as a key priority in the development strategy to achieve inclusive growth.
- India is working seriously to meet its commitments towards Sustainable Development Goals 2030.
- The expenditure on Social Services by the Centre and States increased from 7.68 lakh crores in 2014-15 to 13.94 lakh crore in 2018-19.
- The theme of the survey is about enabling shifting of gears to sustained economic growth to achieve a 5 trillion dollar economy by 2025.
- The expenditure on education increased from 2.8 percent to 3 percent and expenditure on health increased from 1.2 percent to 1.5 percent from 2014-15 to 2018-19.
4. Uttar Pradesh govt launched toll-free CM helpline 1076
Uttar Pradesh government originated a toll-free Chief Minister helpline 1076.
This scheme will empower people from across the state to register their complaints and a time-bound action will be taken.
- Chief Minister Yogi Adityanath will personally reconsider the complaints every month.
- The CM helpline number is 1076
- The helpline will work 24×7 and anyone from any part of the state.
- The 500-seater call center authorized for the helpline
- The people now don’t need to travel to Lucknow to lodge their complaints.
- The action will be taken against those who make false complaints.
- The capacity to handle 80,000 inbounds and 55,000 outbound calls on a daily basis. The complainant when calls the helpline, he/she will get an SMS.
- The complaint sent to the department concerned.
5. AK Misra selected as an additional director on the Board of Directors (BOD) of Jammu and Kashmir Bank by Reserve Bank of India
Reserve Bank of India (RBI) appointed former Executive Director RBI A.K Mishra as Additional Director of the Board of Directors of Jammu and Kashmir Bank Limited (BOD).
- The appointment will be for a period of two years.
- The appointment will be effective from July 3, 2019, to July 2, 2021.
- Normal sitting fees and allowances are paid to other directors to participate in meetings of the boards and committees.
About Reserve Bank of India
- Headquarters: Mumbai, Maharashtra, India
- Established: 1 April 1935
- Governor: Shaktikanta Das
6. USISPF venerations Wipro Chairman Azim Premji & Mastercard CEO and President Ajay Banga with Global Excellence Award 2019
Indian multinational corporation Wipro’s Chairman, Azim Premji, and Global Financial services company Mastercard’s CEO and President, Ajaypal Singh Banga chosen for 2019 Global Excellence Award.
- LIS-India Strategic Partnership Forum (USISPF) will give the award for their contribution to strengthening economic ties between the US and India.
- The awards will be given at the USISPF Second Annual Leadership Summit in Washington on July 11, 2019.
- US Commerce Secretary Wilbur Ross, LIS Energy Secretary Rick Perry, LIS House of Representative Speaker Nancy Pelosi, US Senator Dan Sullivan, a Republic from Arkansas and Indian Ambassador to the US Harsh Shringla attend the leadership summit.
- The aim is to highlight bilateral cooperation, trade, and investment, strategic energy ties, manufacturing, and innovation partnership of two countries.
- CEO: Abidali Neemuchwala
- Founder: M.H. Hasham Premji
- Headquarters: Bengaluru
- The U.S.-India Strategic Partnership Forum (USISPF) is the most powerful strategic partnership between the U.S. and India.
- The U.S. and India work closely together with business and government leaders.
- Their main aim is to achieve our goals of driving economic growth, job creation, innovation, inclusion, and entrepreneurship
7. Gujarat FM presented the state’s highest budget pegged at over Rs 2 lakh crore
Gujarat’s Finance Minister Nitin Patel presented a budget size of Rs 2,04,815 crore for the state for the year 2019-20.
- The budget shows the overall surplus of 572 crores
- It added additional tax income of 287 crores.
- This is the first time that the state’s budget has exceeded Rs 2 lakh crore.
- For the year 2019-20, the revenue of Rs 1,54,732 crore is estimated to be about Rs.1,51,58 crore in the budget.
- Faucet water in every household by 2022.
- The state government has allocated Rs 4,500 crore for this.
- Clean energy space, currently in the state, plans to increase the capacity of 30,000 megawatts (MW) installed from 8822 MW to 2022.
Vhali Dikri Yojana:
- The new scheme proposed to improve girl childbirth rate of the state.
- The Financial assistance will be given to a girl child from Rs.4,000 to Rs.l lakh.
Sauni Yojana Scheme:
- Rs.7,1 57 crores allocated for this scheme.
- The other water supply schemes are used for irrigation and drinking water.
Sarovar Narmada Yojana:
- The main aim is to bring water to the canal network to field the state.
- The allotted amount for the state is around Rs.6,595 crore
House for all:
- Rs.1 248 crore budget made and 4.8 lakh housing units have been sanctioned.
8. Hyderabad’s Rajiv Gandhi International Airport is ready to launch face recognition facility under the Digi Yatra Policy
For the first time in India Hyderabad’s Rajiv Gandhi International Airport is ready to launch the face-recognition facility under the Centre’s Digi Yatra Policy. Trials began on July 1 and will continue for a month. The face-recognition technology will remove the Central Industrial Security Forces (CISF) physically checking passengers’ government issued identification documents at the airport entrance.
How does it work?
- Initially, passengers should present documents and then a face-detection camera will capture the image of your face.
- With the details of the documents, the image will be stored in a database.
- Travelers will be provided a unique Digi Travel ID.
- Travelers should then go through the security checkpoints at the airport, just looking through the biometrics and looking for themselves should look in the camera.
- This feature will also mean that passengers may not have to show travel documents, boarding passes and identity proofs at checkpoints.
- Once face IDs and documents are registered, during the subsequent entries, the system can be kept on entry through a face recognition camera to identify the details of the faces and documents of the passengers.
- Travelers will be able to use Unique Digi Travel ID as a document when buying tickets in the future.
Benefits of the technology
- Focus on privacy and privacy will be inherent in comparison to the possibility of leaving your identity explicitly through security. This benefit comes at a lower cost. The waste of time is less.
- Travelers do not need to carry all the documents. They can travel with hassle-free and stress.
Digi Yatra Policy:
- Originated by: Ministry of Civil Aviation
- It is biometric-based digital processing of passengers at the airport.
- The purpose of the policy is to increase the experience of uninterrupted travel for the passengers as well as provide an ecosystem associated with improving security.
9. Karnataka Bank launched web tool for NPA recovery process named ‘Vasool So-Ft’
Karnataka Bank has launched a web tool named VASOOL SO-Ft (VASOOL SOFAST) for digitizing NPA recovery process.
- The tool will enable easy & faster processing, real-time information and immediate decision making in the recovery area.
- The digital tool will provide an end-to-end digital solution for the recovery of stressed assets.
- Faster processing and real-time information and immediate decision making in the recovery area.
About Karnataka Bank
- Founded: 1924
- Headquarters: Mangaluru, Karnataka, India
- MD & CEO : Mahabaleshwara M. S
10. Center signed MoU with IBM to utilize AI in agriculture
Government of India has signed a Memorandum of Understanding with IBM India to use AI in agriculture. Under the treaty, IBM will conduct a pilot study to use Artificial Intelligence (AI) and Weather Technology solutions in agriculture in one of the three states.
The agreement was signed in the presence of Agriculture Minister Narendra Singh Tomar and junior minister Kailash Chaudhary and other senior officials.
- Pilot study will be done for Kharif Crop Season 2019 in three districts of Bhopal, Rajkot and Nanded respectively in Madhya Pradesh, Gujarat and Maharashtra respectively.
- Once the study has been done, IBM’s Watson will provide a solution at the village level/farm level in the field of agriculture through the Disease platform AI and weather technology.
- The platform will provide weather forecasts and soil moisture information on a pro-free basis.
- Its aim is to help the farmers in making decisions about water and crop management for better production and productivity.