Daily Current Affairs, 17th June 2021 - VISION

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Thursday, June 17, 2021

Daily Current Affairs, 17th June 2021

 


1)  World Day to Combat Desertification and Drought: 17 June

•World Day to Combat Desertification and Drought is observed on 17th June every year. The day is celebrated to raise awareness of the presence of desertification and drought, and highlight methods of preventing desertification and recovering from drought.


•“Restoration. Land. Recovery. We build back better with healthy land” is the theme for 2021 World Day to Combat Desertification and Drought.


2)  PM Modi Virtually Addresses 5th edition of VivaTech in Paris

•Prime Minister,  Narendra Modi virtually addressed the 5th edition of VivaTech. VivaTech is one of the largest digital and startup events of Europe, held in Paris every year since 2016. PM Modi was invited as a Guest of Honour to deliver the keynote address at VivaTech 2021, which has been organised from 16-19 June 2021 in Paris. During his address, PM Modi invited the world to invest in India based on the five pillars: Talent, Market, Capital, Eco-system and, Culture of openness.


3)  Cabinet approves Deep Ocean Mission of Ministry of Earth Sciences

•The Union Cabinet chaired by Prime Minister Narendra Modi has approved the implementation of  “Deep Ocean Mission”.  This mission is proposed by the Ministry of Earth Sciences (MoES), to explore the deep ocean for resources and develop deep-sea technologies for sustainable use of ocean resources.


4)  SIPRI Yearbook 2021: China, India, Pakistan expanding nuclear arsenal

•Stockholm International Peace Research Institute(SIPRI) has released the SIPRI Yearbook 2021. The report assesses the current state of armaments, disarmament and international security. China is in the middle of significant modernisation and expansion of its nuclear weapon inventory, and India and Pakistan also appear to be expanding their nuclear arsenals.


5)  Central Govt launched “Project O2 for India” initiative

•The government of India has launched ‘Project O2 for India’ to step up production of medical oxygen to meet the potential increase in demand due to further waves of the pandemic. ‘Project O2 for India’, an initiative of the Office of Principal Scientific Adviser, Government of India (GoI), aims to help stakeholders working to augment the country’s ability to meet the rise in demand for medical oxygen.


•Under the project, a ‘National Consortium of Oxygen’ is enabling the supply of critical raw materials such as zeolites, setting up of small oxygen plants, manufacturing compressors, final products such as oxygen plants, concentrators, and ventilators. Besides, the consortium is also working to strengthen the manufacturing ecosystem for long-term preparedness.


6)  Defence Minister Approves Budgetary Support of Rs 499 cr for innovations

•Defence Minister Rajnath Singh has approved the budgetary support of Rs 498.8 crore for iDEX-DIO (Innovations for Defence Excellence – Defence Innovation Organisation) for the next five years. The funds will be used to provide financial support to nearly 300 start-ups, micro, small and medium enterprises (MSMEs) and individual innovators with a larger goal of ensuring self-reliance in the defence sector. The scheme is in sync with the government’s push to cut imports of military hardware and weapons and make India a hub for defence manufacturing.


7)  Microsoft names CEO Satya Nadella as chairman

•Microsoft Corp, named Chief Executive Officer, Satya Nadella as its new chairman. He took over as the software giant’s CEO in 2014, succeeding Steve Ballmer.  He is credited with bringing new energy to the company, founded in 1975. The company also appointed former chairman John Thompson as a lead independent director.


•The top-level executive change comes just over a year after Gates stepped down from the board, saying he would focus on philanthropic works of the Bill and Melinda Gates Foundation, one of the world’s biggest charities.


8)  IIT Bombay Hosts Conference of BRICS Network Universities 2021

•The Indian Institute of Technology Bombay (IIT Bombay) is hosting a three day virtual “Conference of BRICS Network Universities”. This conference is being held as a part of India’s Chairmanship of the 13th BRICS Summit in 2021. The basic objective of BRICS Network University is enhancing educational cooperation in general, and especially in the realm of research and innovation. The theme of the Conference of BRICS Network Universities is “Electric Mobility”.


9)  ADB inks USD 484 million loan with GoI to upgrade road network in Tamil Nadu

•The Asian Development Bank (ADB) and the Government of India have signed a $484 million loan, to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. “The project is key to providing seamless road connectivity across industrial clusters, transport gateways and consumption centres, and help reduce logistics and production costs for CKIC’s targeted industries to boost their competitiveness.