Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 3 July 2021, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Daily Current Affairs 3 July 2021
Andhra Pradesh recently launched IT policy for 2021-24
The Andhra Pradesh State Government recently launched a new ‘AP Information Technology Policy 2021-24’ that is expected to generate more than 55,000 jobs over the next three years. The policy would be in force till March 31, 2024.
For this purpose, a robust and holistic business environment would be created and the IT, Electronics and Communications Department would be transformed into a revenue centre to achieve self-sustenance.
The State would earn a revenue of Rs 783 crore over 10 years in the form of various taxes, while the direct employment alone is expected to infuse over Rs 2,200 crore every year, leading to the overall growth of the economy through multiplier effect, according to the policy note.
Abhimanyu Mishra has become the youngest Grand Master in the world
Indian origin US player Abhimanyu Mishra became the youngest GM in history, at 12 years, four months and 25 days.
The U.S. player of Indian origin has become the youngest GM in history, at 12 years, four months and 25 days.
He beat the record of Sergey Karjakin, who had completed his GM title in 2002 at 12 years and seven months.
Abhimanyu scored his third and final norm by defeating India’s Leon Mendonca in the penultimate round of the Vezerkepzo GM tournament at Budapest.
He had reached the Hungarian capital along with his father Hemant a few months ago on a one-way ticket, on a mission to complete the GM title.
CCI approved the merger of Tech Data Corporation with Sinex Corporation
The Competition Commission of India (CCI) approved merger of Tech Data Corporation (Tech Data) with SYNNEX Corporation (SYNNEX) under Section 31(1) of the Competition Act, 2002.
The Proposed Combination is a merger within the meaning of Section 5(c) of the Competition Act, 2002. It will be effected through the following steps:
- Merger of Sub I with and into Tiger Parent, with Tiger Parent being the surviving entity;
- Merger of Tiger Parent with and into Sub II, with Sub II being the surviving entity and remaining as a direct wholly owned subsidiary of SYNNEX; and
- Upon steps (i) and (ii) of the transaction coming into effect, and in consideration of the shares of common stock of Tiger Parent held by Tiger Holdings, SYNNEX will issue approximately 45% shares of its common stock (carrying proportionate voting rights) to Tiger Holdings.
SYNNEX, founded in 1980, is a corporation formed in accordance with the laws of the State of Delaware, U.S.A.
It is headquartered in Fremont, California and listed on the New York Stock Exchange
SYNNEX provides technology products and solutions for information technology (IT) systems toresellers and retail customers.
Credit guarantee scheme of 50,000 crores to meet the shortfall in health facilities
Union finance minister announced ₹50,000 crore relief for the health sector under the ₹1.1 lakh crore loan guarantee scheme for pandemic-hit sectors.
The government’s significant investment towards health is aimed at upscaling medical infrastructure targeting underserved areas.
There will be a guarantee cover for expansion and new projects related to health and medical infrastructure in cities other than 8 metropolitan cities.
The guarantee coverage will have 50% for expansion and 75% for new projects.
The finance minister announced the setting up of 7,929 covid health centres, 9,954 covid care centres, 7.5 times increase in oxygen supported beds, 42 folds increase in isolation beds, 45 folds increase in ICU beds.
The economic package also augured funding for short-term human resources (HR) augmentation through medical students including interns, residents, final year and nursing students.
DCGI has rejected SII’s application to test ZyCoV-D vaccine on children
Drugs Controller General of India (DCGI) has rejected SII’s application to test ZyCoV-D vaccine on children.
The expert group responsible for assessing the merits of SII’s proposal has noted that the vaccine has not been approved in any country and the trial on adult population in India also began only in March.
The government panel has asked Serum Institute to complete trials of Covavax COVID-19 vaccine on adults first.
Apart from SII, India’s indigenously developed COVID-19 vaccine Covaxin, developed by Hyderabad-based Bharat Biotech, started trials for children in the first week of June.
India’s drug regulator had granted permission for conducting the Phase 2/3 clinical trial of Covaxin in the age group 2 to 18 years on 12 May.
Sajan Prakash became the first Indian swimmer to qualify for the upcoming Tokyo Olympics
Sajan Prakash became the first Indian swimmer to qualify for the upcoming Tokyo Olympics.
Sajan achieved the feat as he clocked 1:56:38 in men’s 200m butterfly at the Sette Colli Trophy in Rome.
Sajan Prakash is an Indian swimmer who specializes in freestyle, butterfly and medley events.
At the 2015 National Games in Kerala, he set a record on 8 February 2015 by winning 6 gold and 3 Silver medals, and became the best athlete of the Indian National Games, held at Trivandrum, Kerala.
Regional Conference on Good Governance Practices is being organized in Srinagar
A two day Regional Conference on the theme “Replication of Good Governance Practices” was held in Srinagar on July 01 and 02, 2021.
The Conference was organised by the Department of Administrative Reforms and Public Grievances (DARPG) under the Ministry of Personnel, Public Grievances and Pensions in collaboration with Jammu and Kashmir Administration.
The Conference took place at the Sher-e-Kashmir International Convention Centre (SKICC) through semi-virtual mode.
India’s 1 indigenous drone defence dome Indrajaal
India’s first indigenous drone defence dome called “Indrajaal” has been designed and developed by the Hyderabad-based technology R&D firm Grene Robotics.
The drone defence dome has the capability to autonomously protect an area of 1000-2000 sq km against the aerial threats by assessing and acting on aerial threats such as Unmanned Aerial Vehicles (UAVs), loitering munitions, and Low- Radar Cross Section (RCS) targets.
The ANTI-UAV systems will not only provide protection to defence bases but it will be beneficial for linear infrastructures like international borders against advanced weaponry.
Salient features of Indrajaal
- Real-time situational awareness
- Integrated and Intelligent meshed network
- Integrated all current weapons suite and infrastructure
- Honeycombed cell structure for seamlessly built
- Synergic combination of 9-10 technologies
- 24×7 persistent and autonomous monitoring, action and tracking
Prahlad Singh Patel chaired 6th meeting of BRICS Culture Ministers
The Minister of State for Culture and Tourism, Shri Prahlad Singh Patel chaired the 6th BRICS Culture Ministers’ Meeting through video conference.
The delegates from Culture Ministries of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa participated in the meeting.
Discussion was held for advancement and expansion of cultural activities amongst BRICS countries under the theme Bonding and Harmonizing Cultural Synergy.
In the Declaration of the meeting, it was agreed upon to strengthen and enhance cultural cooperation amongst BRICS Nations in the fields of museums, art galleries, theatre, libraries and promote use of modern technologies to conduct online events to overcome the adverse effects of pandemic like situations.
INS Sarvekshak completed survey action around site of ill-fated MV X-Press Pearl
Indian Navy’s Hydrographic Survey Ship Sarvekshak successfully completed survey action around the site of ill-fated MV X-Press Pearl and handed over the survey data to the Sri Lankan authorities.
The ship equipped with the state of the art survey equipment including the Side Scan Sonar, was deployed on 25 June at the request of Government of Sri Lanka.
The survey operations in three search areas around the wreck was progressed in coordination with Sri Lanka Navy and Sri Lanka’s National Aquatic Resources Research and Development Agency (NARA).
The ship undertook a total of 807 miles of Side Scan Sonar survey and identified 54 prominent underwater debris from MV X-Press Pearl and also one additional uncharted wreck.
INS Sarvekshak, is based at Southern Naval Command at Kochi and is fitted with state-of-the-art survey equipment like Deep Sea Multibeam echo sounder system, Side Scan Sonar, Sound Velocity Profilers, and a fully automated digital surveying and processing system.
Short Span Bridging System-10 m inducted into Indian Army
The first production lot of 12 Short Span Bridging System (SSBS)-10 m, designed and developed by Defence Research and Development Organisation (DRDO), has been inducted into Indian Army.
The SSBS-10 m plays a crucial role of bridging the gaps up to 9.5 m as a single span providing a 4 m wide, fully decked roadway, ensuring faster movement of the troops.
Research & Development Establishment (Engrs) Pune, a premier engineering laboratory of DRDO, has designed and developed the system in association with M/s L&T Ltd.
The 12 bridges are part of 102 SSBS-10 m from M/s L&T Ltd, which is the production agency.
The Project Short Span Bridging System involved the development of two prototypes of 5 m SSBS on Tatra 6×6 chassis and another two prototypes of 10 m SSBS on Tatra 8×8 re-engineered chassis.
India joined OECD/G20 Inclusive Framework tax deal
India adopted the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting to address the tax challenges arising from the digitalisation of the economy.
The proposed solution consists of two components- Pillar One which is about reallocation of additional share of profit to the market jurisdictions and Pillar Two consisting of minimum tax and subject to tax rules.
Some significant issues including share of profit allocation and scope of subject to tax rules, remain open and need to be addressed.
India is in favour of a consensus solution which is simple to implement and simple to comply. At the same time, the solution should result in allocation of meaningful and sustainable revenue to market jurisdictions, particularly for developing and emerging economies.
Centre rushes teams for COVID-19 control and containment measures
The Central Government of India deputed multi-disciplinary teams to Kerala, Arunachal Pradesh, Tripura, Odisha, Chhattisgarh and Manipur for COVID-19 control and containment measures.
The teams will be supporting them in their efforts for targeted COVID response and management, and effectively tackling the pandemic.
The two-member high level team to these states consists of a clinician and a public health expert. It will monitor the situation and also suggest remedial actions.
The Central teams will assess the situation and suggest remedial actions on public health activities to the respective state governments. Copy of the report will also be provided to the Union Health Ministry.
Sardar Patel National Unity Award-2021
The nominations/recommendations process for the Sardar Patel National Unity Award is on and the last date for nominations/recommendations is 15th August 2021.
The Government of India has instituted the highest civilian award in the field of contribution to the unity and integrity of India, in the name of SardarVallabhbhai Patel.
The Award seeks to recognize notable and inspiring contributions to promote the cause of national unity and integrity and to reinforce the value of a strong and united India.
Any citizen of India without distinction of religion, race, caste, gender, place of birth, age or occupation, and any institution/organization would be eligible for the Award.
Any Indian national or institution or organization based in India may nominate an individual or institution or organization for consideration for this Award.