1. India ranked 3rd among countries in a scientific publication

India’s gross expenditure in R&D has tripled between 2008 & 2018 driven mainly by the Govt sector and scientific publications have risen placing the country internationally among the top few.
This is as per the R&D Statistics and Indicators 2019-20 based on the national S&T survey 2018 brought out by the National Science and Technology Management Information (NSTMIS), Department of Science and Technology (DST).
The report shows that with the rise in publication, the country is globally at the 3rd position on this score as per the NSF database, 3rd in the number of Ph.D. in science & engineering.
India occupies 3rd rank in terms of number of Ph.D.’s awarded in Science and Engineering (S&E) after the USA (39,710 in 2016) and China (34,440 in 2015).Number of researchers per million population in India has increased to 255 in 2017 from 218 in 2015 and 110 in 2000.

2. Bamboo Conclave held through video Conference

The Minister of State for North East Development held Bamboo Conclave through video conference to boost the economy of the country with the help of Bamboo resources.
North East region of India consists of 60% of bamboo reserves of the country. In the past six years, the GoI has given equal importance to the bamboo sector as that of the north east development.
Also, The National Bamboo Mission was launched.
The restructures Bamboo mission was approved in 2018 and implemented in 2019-20.
The mission is being implemented in non-forest Government lands. It aims to provide supplement farm incomes to farmers.
Apart from the North Eastern States, the mission was launched in Maharashtra, Madhya Pradesh, Odisha, Chhattisgarh, Karnataka, Odisha, Bihar, Uttarakhand, Andhra Pradesh, Gujarat, Kerala and Tamil Nadu.

3. Justice Ajay Kumar Tripathi passed away due to COVID-19 disease

Former Chief Justice of Chhattisgarh High Court Justice Ajay Kumar Tripathi (retd) passed away. He was 62 years old. He died after suffering cardiac arrest at AIIMS in Delhi. He was tested positive for coronavirus on 2 April.
On 7 July 2018, he was sworn in as the Chief Justice of Chhattisgarh High Court. On 27 March 2019, he took oath as a Judicial Member of Lokpal of India. He played a vital role in setting up the Institution of Lokpal of India with his innovative ideas and inputs.

4. PM Modi attended the NAM Summit through a video conference

On May 4, 2020, PM Modi attended the NAM Summit representing India through a video conference. The Summit is to discuss COVID-19 challenges and solutions.
This is the first NAM Summit being attended by the Mr Modi since he was sworn in as the Prime Minister in 2014. Mr Modi skipped both the summits as PM in 2016 and 2019. The 2016 summit was held in Venezuels and 2019 in Azerbaijan. In 2012, the former PM Manmohan Singh participated at the Tehran NAM summit.
The NAM is Non-Aligned Movement forum of 120 developing countries. After the United Nations, NAM is the largest grouping of states. The summit was agreed to convene at the Bandung Conference in 1955. NAM was established in 1961 through initiatives of Indian PM Jawaharlal Nehru, Yugoslav President Josip Broz Tito and Egyptian President Gamal Abdel Nasser.
The main aim of the summit is to build aspiration towards collective security, terminating dominance of one country over other and expansion of freedom. The NAM also aimed to soften the cold war that was building among the developed nations.

5. GoI increases MSP for Minor Forest Produce ranging from 16% to 66%

The Government of India has raised the Minimum Support Price (MSP) for Minor Forest Produce (MFP) of 49 items. The increase in MSP across various items of minor forest produce varies from 16% to 66%.
The Pricing Cell set up under the Ministry of Tribal Affairs, Government of India revises the Minimum Support Price (MSP) for Minor Forest Produce (MFP) once in every 3 years.

6. Union Culture Minister releases e-book “Prof. B.B. Lal: India Rediscovered”

Union Culture Minister Prahlad Singh Patel has released an e-book titled “Prof. B.B. Lal: India Rediscovered” on the occasion of centenary year of great archaeologist Professor B. B. Lal.
E-book titled “Prof. B.B. Lal: India Rediscovered” has been prepared by the Ministry of culture along with Prof B. B. Lal Centenary Celebration Committee.

7. RBI cancels licence of CKP Co-operative Bank

The Reserve Bank of India suspended operations of CKP Co-operative Bank and cancelled its licence.RBI reasoned that the financial position of the bank is highly adverse and unsustainable.
There is no concrete revival plan or proposal for merger with another bank. With the cancellation of licence and commencement of liquidation proceedings, the process of paying the depositors of The CKP Co-operative Bank Ltd Mumbai, as per the DICGC Act, 1961 will be set in motion.
On liquidation, every depositor is entitled to repayment of his/her deposits up to a monetary ceiling of Rs 5,00,000 from the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per usual terms and conditions.

Leave a Reply

Your email address will not be published.