DAILY CURRENT AFFAIRS 10 JULY 2020
1.
SPACE TECHNOLOGY & ARTIFICIAL INTELLIGENCE TO MONITOR GOVERNMENT LANDS
·
The
Chief Minister of Odisha, Naveen Patnaik, launched the Bhubaneswar Land Use
Intelligence System (BLUIS), a flagship development of the
General Administration and Public grievances departments.
·
Odisha
becomes the first state in India to use high resolution satellite imagery
utilising space technology and artificial intelligence to monitor government
lands.
·
Bhubaneswar
Land Use Intelligence System (BLUIS) is a web and mobile based solution to
monitor the unauthorised change of land use and to prevent the encroachment of
government lands.
·
The
GPS of the system will provide the exact location to the enforcement
authorities.
2.
RESEARCH ON COVID-19 & PATIENT DATA ANALYSIS
·
The
Alumni Council of Indian Institute of Technology (IIT Alumni Council) signed an
agreement for joint research on COVID-19 and patient data analysis with the
Council of Scientific and Industrial Research – Institute of Genomics and Integrative
Biology (CSIR-IGIB).
·
The
IIT Alumni Council is setting up the “MegaLab” in Mumbai, the
world’s largest molecular diagnostic lab and “MegaTx” antibody
facility for treatment based biologics as a part of this partnership.
·
This
is the largest body of Alumni, students and faculty of all the 23 IITs and
other partnering technical institutes.
3.CABINET APPROVED RS.12,450 CRORE
CAPITAL INFUSION FOR 3 PSGIC
·
The Union Cabinet has approved the
capital infusion for an overall value of Rs.12,450 crore; (including Rs. 2,500
crore infused in FY 2019-20) in the three Public Sector General Insurance
Companies (PSGICs) namely Oriental Insurance Company Limited (OlCL), National
Insurance Company Limited (NICL) and United India Insurance Company Limited
(UIICL). Of this, Rs.3,475 crore will be released immediately;
while the balance Rs,6475 crore will be infused later.
·
In this regard, the authorized
capital of these 3 GICs is also increased to Rs.7,500 crore for NICL,
and Rs Rs 5,000 crore for both UIICL and OlCL.
4. AFFORDABLE RENTAL HOUSING COMPLEXES
FOR URBAN MIGRANTS / POOR
·
Union Cabinet has given its approval for
developing of Affordable Rental Housing Complexes (AHRCs) for urban
migrants / poor as a sub-scheme under Pradhan MantriAwasYojana – Urban
(PMAY – U).
·
The outlay of the scheme is estimated at
Rs 600 crore in the form of Technology Innovation Grant and will initially
cover three lakh beneficiaries.
·
Firstly, Vacant government housing
complexes will be converted into ARHCs under a concession agreement for 25
years.
·
Secondly, special incentives like use
permission, 50% additional Floor Area Ratio or Floor Space Index, concessional
loans at priority sector lending rates and tax reliefs, to companies to develop
ARHCs on their own vacant land for 25 years, offered by the government.
5. INDIA GLOBAL WEEK 2020 ORGANIZED IN UK
·
PM
Narendra Modi has addressed the inaugural session of 3-day
virtual India Global week 2020 based on the theme ‘Be
The Revival: India and a Better New World’ organized in UK (United
Kingdom) by India Inc. Group, the UK-headquartered media house with the aim to
connect global leaders and captains of industry to discuss aspects relating to
opportunities in India as well as the global economic revival post-coronavirus
(COVID-19).
6.
CANCER PREPAREDNESS AMONG 10 ASIA-PACIFIC COUNTRIES
·
In accordance with the Economist
Intelligence Unit (EIU) report on “Cancer preparedness in Asia-Pacific:
Progress towards universal cancer control”, India has been ranked eighth
with an overall score of 51.6 for cancer preparedness among 10 Asia-Pacific
countries.
·
The 10 Asia-Pacific countries included in
this report were — Australia, China, India, Indonesia, Japan, Malaysia, the
Philippines, South Korea, Thailand and Vietnam.
·
|
Rank
|
Country
|
Score (out of 100)
|
|
1
|
Australia
|
92.4
|
|
2
|
South Korea
|
83.4
|
|
3
|
Malaysia
|
80.3
|
7.
MARKET BORROWINGS AMONG STATES IN INDIA
·
According to data from the RBI,Tamil
Nadu (TN) has topped market borrowings among States
in India with a collection of Rs.30,500 crore in the fiscal
2020-21(FY 21).
·
TN, which has accounted for 17% of the
borrowings done through the issue of bonds (known as state development loans),
has been followed by Maharashtra ₹25,500 crore (14%), Andhra Pradesh ₹17,000
crore (9%), Rajasthan ₹17,000 crore (9%).
·
The GST (Goods and Services Tax)
collection of TN has sharply reduced by 15% in June 2020, higher than the 3%
fall in national GST collections due to the continuous lockdown.
8.
WORKING GROUP TO LOOK INTO THE POSSIBILITY OF ‘PANDEMIC RISK POOL’
·
With the Coronavirus (COVID-19) pandemic
causing massive disruption across various sectors, the IRDAI has
formed a 9- member working group under the chairmanship of Suresh
Mathur, Executive Director of Irdai to look into the possibility of
setting up ‘Pandemic Risk Pool’ to deal with the various risks
arising out of a pandemic -like health emergencies & recommend the
structure and operating model for the Pool within 8 weeks.
·
India has formed risk pools for nuclear
disaster (Rs 1,500 crore) and terrorism (Rs 1,200 crore) so far.
9.
COMEDIAN JAGDEEP PASSED AWAY AT 81
·
Veteran Bollywood actor-comedian Jagdeep passed
away at 81 in his Bandra residence, Mumbai.
·
His real name is Syed Ishtiaq Ahmed
Jafri.
·
He is recognised for his role as Soorma
Bhopali in the film “Sholay” and for his expression ‘khambha
ukhadke’.
