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SAI to release Khelo India e-Pathshala, an online coaching programme for grassroot level

June 3, 2020
Sports Authority of India
  • The Sports Authority of India (SAI) is all set to start Khelo India e-Pathshala in association with National Sports Federations (NSF) from June 1 with a plan to produce first-ever national-level open online coaching and education programme for grassroot-level athletes.

Lakshmi Vilas Bank continues tenure of MD and CEO

June 3, 2020
Lakshmi Vilas Bank continues tenure of MD and CEO
  • Reserve Bank of India, the Board of Directors of Lakshmi Vilas Bank at their meeting organized today i.e. 01.06.2020 have continued the tenure of appointment of Shri Subramanian Sundar as Managing Director & CEO (Interim) of the Bank till November 30, 2020, or till regular MD & CEO takes charge.

Pradip Kumar Tripathi appointed as Steel Secretary

June 3, 2020
Pradip Kumar Tripathi
  • Senior IAS officer Pradip Kumar Tripathi on 1 June took over the command as Secretary in the Ministry of Steel. Mr. Tripathi replaces Binoy Kumar, who superannuated on May 31, 2020.

PM Modi designates committee headed by Rajnath Singh for MSME loan scheme implementation

June 3, 2020
rajnath singh
  • Prime Minister Narendra Modi has selected a committee headed by Rajnath Singh to fix any problem in the implementation of the Rs 3 lakh crore collateral-free loan scheme for MSMEs.

Covid-19 can turn 60 million into poverty, adopt comprehensive policies: WB

June 3, 2020
Coronavirus
  • The World Bank on 2nd June made countries to go for comprehensive policies to promote long-term growth along with short term measures to address health emergencies and secure core public duties in the wake of the coronavirus crisis, between indications that 60 million people could be pushed into extreme poverty in 2020.

India falls 6 Places to be indexed 23rd in StartupBlink’s Startup Ecosystem Rankings 2020, US Top

June 3, 2020
Top tech giants
  • India has fallen 6 places to be ranked at 23rd spot in the StartupBlink’s Startup Ecosystem Rankings 2020, with a score of 5.698. Last year it was arranged at the 17th spot. The ranking is based upon three key factors: Quantity, Quality and Business Environment.

Centre started three new schemes to support electronics manufacturing in India

June 3, 2020
Electronics manufacturing
  • Central Government on 2nd June has declared three schemes worth Rs 50,000 crore. The schemes are Production Linked Incentive Scheme, Component Manufacturing Scheme, and Modified Electronics Manufacturing Clusters Scheme – will be executed from June 2 for the growth of the electronics manufacturing sector in India.

Nisarga to thrash Maharashtra and Gujarat on 3rd June

June 2, 2020
Nisarga to thrash Maharashtra and Gujarat on 3rd June
  • Cyclonic storm Nisarga is likely to transform into a ‘severe cyclonic storm’ in the next 24 hours and hit coastal Maharashtra and Gujarat in the evening time of June 3.

Kerala govt declared “K-FON” free internet project by December 2020

June 2, 2020
K-FON
  • Kerala Chief Minister, Pinarayi Vijayan has declared that Kerala Fibre Optic Network Project (K-FON) project of Rs. 1,500 crore that will give free internet access to the poor will roll out by December 2020.

Center begins scheme “PM SVANIDHI” for street vendors to get loans of up to ₹10,000

June 2, 2020
Prime Minister Narendra Modi
  • The Ministry of Housing and Urban Affairs on 1st June released PM Svanidhi, or Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi scheme, which is a unique micro-credit facility plan to give an affordable loan of up to ₹10,000 to more than 50 lakh street vendors, who had their businesses operational on or before 24 March.

2nd June is observed as Telangana Formation Day

June 2, 2020
Telangana Formation Day
  • June 2 is observed annually as Telangana Formation Day as this is the day when the Telangana state authoritatively came into existence under the Andhra Pradesh Reorganisation Act of Parliament in 2014.

2nd June is observed as International Sex Workers’ Day 2020

June 2, 2020
International Sex Workers’ Day
  • International Sex Workers’ Day is celebrated on June 02, 2020. The day which is also recognized as International Whore’s Day is a celebratory day, which commemorates the discrimination of prostitutes and their often exploitative living and circumstances of working.

Yes Bank obtains 24.19% stake in Dish TV

June 2, 2020
Yes Bank
  • Yes Bank Ltd obtained a 24.19% stake in direct-to-home service provider, Dish TV India Ltd, by invoking pledges against 44.53 equity shares held as collateral with the private donor for a loan.

Switzerland released the world’s first app “SwissCovid” based on Google and Apple’s contact-tracing tech

June 2, 2020
SwissCovid
  • The first app to get advantage of the Apple and Google Exposure Notification API has been launched in Switzerland. The app is called “SwissCovid” and is right now available to select essential workers.

Cyclone Nisarga heading towards Mumbai

June 1, 2020
Cyclone
  • Scientists of Indian Meteorological Department(IMD) has warned about cyclone “Nisagra” that is heading towards Gujarat and Mumbai. It made a landfall in maharashtra , and speed recorded was 110km/h

  • It was also the first cyclone impact to Mumbai since Cyclone Phyan of 2009.

Music director Wajid Khan passes away

June 1, 2020
Wajid Khan
  • Wajid Khan of Bollywood music composer duo Sajid-Wajid passed away due to complications arising from a renal ailment and COVID-19  in Mumbai. He was 42.

1st June observed as Global Day of Parents 2020

June 1, 2020
Global Day of Parents
  • Global Day of Parents is a yearly event that is commemorated on June 1 to admire all the parents around the world for being the support of their families and selflessly nurturing and protecting their children.
  • Theme 2020: “Appreciate all parents throughout the world”

1 June observed as World Milk Day 2020

June 1, 2020
World Milk Day
  • World Milk Day is commemorated on June 1 in order to admire the dairy sector and recognize the significance of milk as a global food. 
  • Theme 2020: “20th Anniversary of World Milk Day”

Mohandas Pai to lead IBBI advisory committee on service providers

June 1, 2020
Mohandas Pai
  • The Insolvency and Bankruptcy Board of India (IBBI) has managed its advisory committee on service providers and it would now be led by Manipal Global Education Services Chairman T V Mohandas Pai.

Finance Ministry selects PR Jaishankar managing director of IIFCL

June 1, 2020
Finance Ministry selects PR Jaishankar managing director of IIFCL
  • The ministry of finance selected PR Jaishankar as the managing director of the India Infrastructure Finance Company Ltd (IIFCL) for three years.
  • Jaishankar worked as the executive director of the National Housing Bank earlier to this.

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