Current Affairs 30 June 2018

Current Affairs 0f June 30, 2018, are as follows:-

1. Gujarat CM announces agriculture JWG with Israel:-

  • Gujarat CM Vijay Rupani met Israel's Agriculture and Rural Development Minister Uri Ariel on the second day of his visit to Israel.
  • He announced a Joint Working Group  (JWG) between Gujarat and Israel in the fields of agriculture, horticulture, and allied sectors.
  • The objective of the meeting was strengthening the Indo-Israeli agricultural cooperation and extension of the Indo-Israel Agriculture Plan (IIAP) and also to explore the opportunities of using the hi-tech protective cultivation and precision farming methods of Israel, as Gujarat is committed to fulfilling the dream of Prime Minister Narendra Modi of doubling the farmers' income by the year 2022.

2. NASA to launch world’s lightest Satellite:-

  • The four first-year engineering students from Hindustan Institute of Technology and Science near Chennai, Tamil Nadu have developed the world’s lightest satellite which will be launched from a NASA facility in the US by August 2018.
  • The students built the 4cm ‘cube’ satellite ‘Jaihind-1S’ with a 3D printed outer casing from polylactic acid (PLA) nylon material, making it lighter than a medium sized egg, at just 33.39 grams.

3. President Ram Nath Kovind launches Solar Charkha Mission:-

  • President Ram Nath Kovind launched the ‘Solar Charkha Mission’ on the occasion of the UN MSME Day to mark the important economic role played by Micro, Small and Medium Enterprises (MSMEs).
  •  The Solar Charkha Mission was launched with an aim to employ artisans in 50 identified clusters.
  •  The mission will entail a subsidy of Rs 550 crore in the initial two years for 50 clusters and every cluster will employ 400 to 2000 artisans. 
  • The mission will generate employment in rural areas and will contribute to the green economy.

4. LG appointed 40-year-old founding family member as new CEO:-

  • South Korea’s fourth-largest conglomerate, LG has announced the appointment of Koo Kwang-mo, the 40-year-old son of the family-controlled conglomerate’s late Chairman Koo Bon-moo, as its CEO.
  • He has become the fourth-generation leader of the family-controlled conglomerate.

5. IRDA approves LIC-IDBI Bank deal:-

  • The Board of Insurance Regulatory and Development Authority (IRDA) has approved Life Insurance Corporation’s (LIC) proposal to the acquisition of up to 51%stake in state-run lender IDBI Bank. The insurance regulator gave the insurer exemption from 15% investment cap.
  • The LIC is expected to invest Rs 10,000-13,000 crore in tranches in the NPA-mired state-run lender.
  • The deal will also require approval from the Securities and Exchange Board of India (SEBI).

6. North Korea named ‘worst human trafficking country’:-

  • The US State Department has categorised North Korea as as one of the “worst human trafficking nation” for the 16th straight year, citing the use of forced labour.
  • According to the annual ’2018 Trafficking in Persons Report’, North Korea has been included in the Tier 3 category, which is the lowest ranking, along with China, Russia and Iran.

7. Indian Railways installed plastic bottle crushers at 4 stations:-

  • The South Central Railway has installed plastic bottle crushers at Telangana's Kachiguda, Secunderabad, and Nizamabad, and Andhra Pradesh's Vijayawada stations in order to promote environmental protection.
  • The machines can crush up to 5,000 bottles a day. The crushed plastic pieces can be reused to make bags or t-shirts.
  • At Vadodara railway station, the railway authorities have set up bottle crushers, by which Passengers earn up to Rs 5 by feeding the machine with a plastic bottle.

8. James Webb telescope launch has further delayed to 2021:-

  • The launch of NASA’s James Webb Space Telescope has been further delayed to March 2021. The telescope was expected to launch in 2020. This move will cost the agency an additional $8.8 billion and its total cost stands now as $9.66 billion.
  • The Independent Review Board (IRB) by NASA to assess recommended that progress on the Webb telescope is needed as it is vital to the next generation of research beyond NASA's Hubble Space Telescope. Webb is optimized to view the heavens in infrared light.

Current Affairs Month