DAILY CURRENT
AFFAIRS: 12 JUNE 2018
(DAILY NEWS INDIA)
SHARED
BY: WWW.DAILYGK.IN
1.
PRESIDENT RAM NATH KOVIND TO LAUNCH
SOLAR CHARKHA MISSION
i. President Ram Nath Kovind will launch Solar Charkha
Mission which will entail a subsidy of 550 crore rupees in the initial two
years for 50 clusters. According to the Minister for Micro, Small and Medium
Enterprises Giriraj Singh, the scheme is aimed at linking five crore women and
self-help groups to the initiative.
ii. 15 new technology centres will be set up and out of
these, ten will be made operational this year. These centres will provide
technological support to small industries.
2.
INDIA, US AGREE TO HOLD COMPREHENSIVE
TALKS TO ADDRESS TRADE & ECONOMIC ISSUES
i. India and the US have agreed to hold comprehensive talks
to address trade and economic issues.
ii. The decision in this regard was taken during a series of
meetings, Commerce and Industry Minister Suresh Prabhu had with US Commerce
Secretary Wilbur Ross and US Trade Representative Robert Lighthizer. Mr Suresh
Prabhu was on a two-day visit to the US.
3.
INFLATION RISES TO 14-MONTH HIGH OF
4.43% IN MAY
i. Inflation based on wholesale prices shot up to a 14-month
high of 4.43% in May on increasing prices of petrol and diesel as well as
vegetables. The Wholesale Price Index (WPI) based inflation stood at 3.18%in
April and 2.26% in May 2017.
ii. According to government data released, inflation in food
articles was at 1.60% in May 2018, as against 0.87% in the preceding month.
Inflation in vegetables climbed to 2.51% in May. Inflation in ‘fuel and power’
basket rose sharply to 11.22% in May from 7.85% in April as prices of domestic
fuel increased in line with rising global crude oil rates.
4.
UNITED STATES, MEXICO AND CANADA WIN
RIGHT TO HOST 2026 WORLD CUP
i. The United States, Mexico and Canada won the right to
host the 2026 World Cup after easily beating Morocco in a vote by FIFA member
nations in Moscow.
ii. The North American bid received 134 of the 203 votes,
while Morocco polled 65 in the ballot at a FIFA Congress held in Moscow.
