Current Affairs for IAS Exams - 09 July 2020

Current Affairs for IAS Exams - 9 July 2020

::NATIONAL::

Union cabinet clears rental housing scheme for migrants

  • A scheme for providing affordable rental housing to about 3 lakh urban migrants was approved by the Union Cabinet on Wednesday.
  • The creation of affordable rental housing complexes was announced by Finance Minister NirmalaSitharaman on May 14 as a part of the package to address the COVID-19 crisis.
  • At a meeting chaired by Prime Minister NarendraModi, the Cabinet approved the scheme, which will be a sub-scheme of the PradhanMantriAwasYojana-Urban that is implemented by the Housing and Urban Affairs Ministry. 

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

RajyaSabha officials claim quorum required only during deliberations

  • Contradicting the Opposition’s argument for virtual meetings of standing committees to ensure quorum during deliberations, officials at the RajyaSabha Secretariat have said that quorum is essential only when the committees take decisions or adopt reports and not during routine deliberations.
  • Sources said this issue came up at a meeting on Wednesday chaired by RajyaSabha Chairman M. Venkaiah Naidu. Congress leader and Chairman of the Standing Committee on Science and Technology Jairam Ramesh had written to Mr. Naidu demanding a virtual meeting citing lack of quorum. Quorum for these meetings is generally 11 out of 30 members.
  • The officials, sources said, told Mr. Naidu that out of 281 meetings of the eight department-related Standing Committees that are headed by RajyaSabha members, 16% were held without quorum.

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

::ECONOMY::

New agricultural infrastructure fund formed with 1 lakh crorebudget

  • The Union Cabinet today gave its approval to a new pan India Central Sector Scheme- Agriculture Infrastructure Fund. The scheme will provide a medium and long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.
  • Under the scheme, one lakh crore rupees will be provided by banks and financial institutions as loans to Primary Agricultural Credit Societies, Marketing Cooperative Societies, Farmer Producers Organizations, Self Help Group, Farmers, Startups and Centre and State agency among others.
  • All loans under this financing facility will have interest subvention of 3 per cent per annum up to a limit of two crore. rupees and this subvention will be available for a maximum period of seven years.

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

CBDT signs MoU with SEBI for data exchange

  • A  Memorandum of Understanding (MoU) was signed today between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organizations.
  • Ministry of Finance in a statement said,  theMoU will facilitate the sharing of data and information between SEBI and CBDT on an automatic and regular basis.
  • In addition to regular exchange of data, the two organizations will also exchange with each other, on request and suomoto basis, any information available in their databases for the purpose of carrying out their functions under various laws.
  • The MoU comes into force from the date it was signed and is an ongoing initiative of CBDT and SEBI, who are already collaborating through various existing mechanisms. 

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

JOIN Full Online Course for UPSC PRE Exam

UPSC IAS Exam Complete Study Materials

::INTERNATIONAL::

Srilanka and Maldives eliminate Measles, Rubella ahead of target

  • Maldives and Sri Lanka have become the first two countries in the South-East Asia region to eliminate both measles and rubella ahead of the 2023 target. The announcement was made by WHO South-East Asia's Regional Director, Dr PoonamKhetrapal Singh after the fifth meeting of the regional verification commission for measles and rubella elimination, held virtually.
  • Dr. Singh said protecting all children against these killer and debilitating diseases is an important step in endeavour to achieve healthier population and health for all. The Regional Director commended Member countries’ efforts to deliver life-saving vaccines to children even while battling the COVID pandemic.
  • A country is verified as having eliminated measles and rubella when there is no evidence of endemic transmission for over three years by a well-performing surveillance system.
  • Maldives reported its last endemic case of measles in 2009 and of rubella in October 2015, while Sri Lanka reported last endemic case of measles in May 2016 and of rubella in March 2017.

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

US announces visa restrictions on Chinese officials related to Tibet

  • US Secretary of State Mike Pompeo has announced visa restrictions for a certain group of Chinese officials under the Reciprocal Access to Tibet Act. 
  • He said, Beijing has continued systematically to obstruct travel to the Tibetan Autonomous Region (TAR) and other Tibetan areas by US diplomats and other officials, journalists, and tourists, while Chinese officials and other citizens enjoy far greater access to the United States.
  • Mr Pompeo announced visa restrictions on Chinese government and Chinese Communist Party officials involved in the formulation or execution of policies related to access for foreigners to Tibetan areas.

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

::SCIENCE & TECHNOLOGY::

Scientists discover cause of production of Lithium in stars

  • A forty-year-old puzzle regarding the production of lithium in stars has been solved by Indian researchers.
  • Stars, as per known mechanisms of evolution, actually destroy lithium as they evolve into red giants. Planets were known to have more lithium than their stars — as is the case with the Earth-Sun pair. However, leading to a contradiction, some stars were found that were lithium-rich.
  • The Sun, for instance, has about a factor of 100 lower amount of lithium than the Earth. About 40 years ago, a few large stars were spotted that were lithium-rich. This was followed by further discoveries of lithium-rich stars, and that posed a puzzle — if stars do not produce lithium, how do some stars develop to become lithium-rich?
  • For the present study, the group studied over 200,000 stars using the Galactic Archaeology survey of the Anglo-Australian Telescope.

CLICK HERE FOR FULL CURRENT AFFAIRS (Only for Course Members)

::SPORTS::

England-West Indies test match begins at London