1. New Zealand bans /outlaws/ forbidden on single-use plastic shopping bags
New Zealand officially banned single-use plastic shopping bags, which offers heavy penalties for the business.
- Plastic pollution has become a growing global concern with one million birds and more than 100,000 marine mammals, who are injured or killed every year
- Companies that break New Zealand’s bans have to face heavy fines, including a fine of up to 100,000 New Zealand dollars (USD 67,000).
- New-rules use of single-use plastic shopping bags, thin plastic single-use shopping bags can no longer be supplied
- The law allows reusable carriers to be provided
- The law announced in August last year
- Law came into force from Monday
- They will provide a little practical effect
- Max Verstappen got 2019 Austrian Grand Prix
2. Red Bull’s Max Verstappen won the 2019 Austrian Grand Prix.
He defeated Ferrari’s, Charles Leclerc
- Mercedes Valtteri Bottas met continuous win and finishes with the third one.
- Ferrari’s Sebastian Ve became fourth.
- Five-times world champion Mercedes Lewis Hamilton won fifth place.
- About 2019 Austrian Grand Prix
- 2019 Austrian Grand Prix which is formally known as the Formula 1 my World Großer Preis von Österreich 2019 was a Formula One motor race
3. Andhra Pradesh government formed a committee on the Power Purchase Agreements (PPAs)
The Andhra Pradesh government has formed a committee on the Power Purchase Agreements (PPAs) on 1 July. The committee will review, negotiate and reduce the high wind and solar power purchase prices and submit its report in 45 days.
The Power Distribution Companies (DISCOMS) in Andhra Pradesh State are in financial crisis as the power purchase dues amounted to ₹20,000 crore. The crisis is due to the abnormally priced wind and solar PPAs entered in recent years.
Aim of the Committee:
The committee will provide affordable power to consumers and pull DISCOMS of the crisis. It will also factor the lowest wind and solar energy rates in the corresponding years in the country, current rates, opportunity cost for power from AP-Genco plants, existing thermal contracts, and Central generating station allocations.
Previously: The Telugu Desam Party (TDP) government purchased the Wind power at ₹4.83 per unit and solar from ₹4.50 to ₹6.80 per unit and a fixed charge of ₹1.25 per unit. It spent ₹7 crore per Megawatt (MW) against ₹4.49 crore to ₹4.64 crore per MW of power generated in other States.
Members of the Committee:
The convener of the 8-member committee is Sri K Vijayanad, AP-Transco Joint Managing Director.
- Buggana Rajendranath Reddy (Finance)
- Principal Secretary (Finance) S.S. Rawat
- Secretary (Energy) N. Srikant
- Special Secretary to CM D. Krishna
- Balineni Srinivasa Reddy (Energy)
- Advocate General Subrahmanyam Sriram
- Principal Advisor to CM Ajeya Kallam
- APSPDCL former CMD Gopal Reddy
4. Five-year vision plan EQUIP finalized and released by HRD Ministry
Prime Minister of India clinched a five-year vision plan for each Ministry.
- The Department of Higher Education of HRD Ministry finalized and released a five-year vision plan named Education Quality Upgradation and Inclusion Programme (EQUIP).
- This report made after a detailed exercise done by the Experts covering the following ten areas:
5. Lok Sabha cleared the Central Educational Institutions (Reservation in Teachers Cadre) Bill 2019
The Lok Sabha passed theCentral Educational Institutions (Reservation in Teachers’ Cadre) Bill 2019 on 1 July 2019.
The Bill seeks to replace an Ordinance which was issued in March. The House unanimously passed the Bill. The opposition demanded the bill be referred to the standing committee for a comprehensive review.
- The Bill will reiterate the government’s commitment towards reservation and to give equal opportunity to all as per the Constitution. This bill will give enough scope and opportunities in the higher education sector in the country.
- The Bill will help fill about 7,000 existing vacancies in 41 Central universities. It aims to provide for reservation in appointments by direct recruitment of persons belonging to the SC, ST, Socially and Economically Backward Classes and Economically Weaker Sections (EWS) to the teachers’ cadre in certain Central Education Institution.
Provisions of the Bill:
- The Bill will make University a unit, rather than a department, for the purpose of providing reservation in teachers’ positions in Central educational institutions.
- The Bill also has provision for 10% reservation for Economically Weaker Section (EWS). The government has already approved the allocation of ₹770 crore for reservation for EWS.
6. Tamil Nadu declared ‘Tamil Yeoman’ or ‘Tamil Maravan’ as its state butterfly
‘Tamil Yeoman’, a kind of butterfly found in the Western Ghats. It is declared as Tamilnadu state butterfly. It is also known as ‘Tamil Maravan’.
- Tamil Nadu is the fifth state in the country to announce its state butterfly.
Its scientific name was Cirrochroa thais. ‘
- Maharashtra the first to declare Blue Mormon (Papilio polgmnestor) as its state butterfly.
- It is followed by Uttarakhand (Common peacock), Karnataka (Southern bird wings) and Kerala (Malabar banded peacock).
About Tamil Yeoman
- Scientific name – Cirrochroa thais. It is known as Tamil Maravan
- Habitat: It is endemic to the Western Ghats.
- It is found in moist deciduous, evergreen forests and along streams.
- It can be found in groups in large numbers at a few places
- Features: A dark brown outer ring.
- Size is 60-75mm.
- It is fast and flu straight with few wing beats and long glide.
- It lags eggs in the vertical chain of 8-10.
- Larva in a group below the leaf and often in shady areas.
7. Karnam Sekhar appointed as Indian Overseas Bank MD and CEO
Indian Overseas Bank promoted Karna Sekhar with immediate effect as new Managing Director and Chief Executive Officer
- Prior to taking a new role, Sekas was appointed as special duty and full time director in April.
- Sekhar, who started his career as a Probationary Officer in State Bank of India, served Dena Bank as its Managing Director and CEO.
- Sekhar also worked as SBI’s Manager-Treasury in Johannesburg, South Africa.
8. ‘One Nation One Ration Card’ scheme will be available across the country from July 1, 2020
Central government’s ambitious project of ‘One Nation One Card’.
- A beneficiary can buy subsidized food grains from any ration shop.
- The scheme will begin on 1 July 2020.
- The Central government given states and Union Territories till June 30, 2020, to use point of sale (POS) machines in the ration shops and the scheme can be implemented.
- Around 77% % of the ration shops across the country have POS machines.
- Andhra Pradesh, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Maharashtra, Rajasthan, Telangana, and Tripura are the states which provide the portability of Public Distribution System (PDS) entitlements
- The government is implementing the National Food Security Act(NSA) under which food grains are supplied every month
- They are supplied every month at highly subsidized rates of Rs 1-3 per kg to over 80 crore people.
9. Indian pro boxer Vaibhav Yadav succeeds WBC Asia title
Indian supporter boxer Vaibhav Yadav became the World Boxing Council (WBC) Asia Silver welterweight champion by defeating Fheeptek Singh Nasaka of Thailand in the title match held in Pattaya, Thailand.
- Yadav is the cousin of Commonwealth Games gold medalist Vikas Krishan, who is now Prof.
- The fight was organized by the Asian Boxing Council and approved by WBC.
10. India shifts to place to 74th in terms of money in Swiss Banks
The annual banking statistics report compelled by the Swiss National Bank (SNB), India slipped to 74th place in terms of money with Swiss banks.
- UK (United Kingdom) remained top in the list of the survey.
- India holds 6% in 2018 to 955 million Swiss francs (about Rs.6,757 crore)
A second lowest level in over two decades.
The top-ranked countries in the list are the
- The UK, the US (United States)
- West Indies, France, and Hong Kong.
- India placed at 75th position in the year 2015 it obtained 61st in 2014
- India ranked highest at 37th place in the year 2004.
- The total money held in Swiss banks by foreign clients across the world about 4 percent to CHF 1.4 trillion (about Rs 99 lakh crore) in the year 2018.
- The United Kingdom accounted at CHF 372 billion
- It is over 26% of the total foreign funds until December 2018.
- USA remains second with CHF 144 billion accounts 10.3% of foreign funds. India lowest ranked among the BRICS nations
Russia is ranked the highest (20th) followed by China (22nd), South Africa (60th) Brazil (65th).
- India’s neighboring nations ranked lower with Pakistan(82nd), Bangladesh (89th), Nepal (109th), Sri Lanka (141st), Myanmar (187th) and Bhutan (193rd).
About Swiss National Bank:
A central bank of Switzerland is responsible for the monetary policy of the nation of Switzerland and also for the issuing of
Swiss franc banknotes
- Chairman: Thomas Jordan
- Headquarters: Bern and Zurich
11. 2nd July as World UFO Day
World UFO Day is celebrated every year on July 2.
- It is celebrated to increase awareness among people to keep watch on the skies for any signs of aliens who may come to visit our world.
- The day reminds us of the possible existence of aliens in the Universe.
- In summer 1947, the Roswell UFO incident reminds us of world-renowned conspiracy theory about the existence of aliens.