Current Affairs in English – July 3 2022

National Events:

Foreign Contribution Regulation Act:

Union Home Ministry has amended the Foreign Contribution Regulation Act . The amended rule now allows relatives to send 10 lakh rupees without informing the government .
If the amount exceeds , the individuals will now have three months to inform the government against 30 – days earlier .
The rule also gives more time to the organisations to inform the government about opening of bank accounts .

Digital India Week 2022:

Prime Minister Narendra Modi will inaugurate Digital India Week 2022 in Gandhinagar in Gujarat on 4 July 2022 .
During the programme , he will launch multiple digital initiatives aimed at enhancing the accessibility of technology , streamlining service delivery to ensure ease of living and giving a boost to startups .
The theme for Digital India Week is Catalyzing New India’s Techade .

AB PM-JAY:

The National Health Authority ( NHA ) felicitated around 1,000 doctors for their work under the Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana ( AB PM – JAY ) scheme , in July 2022 .
It also announced Ayushman Bharat Utkrist Chikitsak Samman , Ayushman Bharat Utkrist Chikitsalaya Samman , and Ayushman Bharat PM – JAY Fellowship . All these awards will be conferred in September 2022 .

DBT Scheme:

The Ministry of Skill Development and Entrepreneurship has announced that National Apprenticeship Promotion Scheme will be a part of Direct Beneficiary Transfer ( DBT ) scheme .
Earlier companies used to pay apprentices the entire amount and then seek reimbursement from the government . With the launch of the DBT scheme , the govt will directly transfer its contribution to bank accounts of apprentices .

NTPC REL & Rajasthan Government:

NTPC Renewable Energy Limited ( NTPC REL ) has signed an MoU with Government of Rajasthan for development 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan . NTPC Group has set its target of 60 GW renewable energy capacity by 2032 .
Additionally , NTPC REL has entered into a Joint Venture Agreement with DVC for developing RE Parks and projects .

DBIE Portal:

The RBI released the web publication ‘ Deposits with Scheduled Commercial Banks – March 2022 ‘ on its Database on Indian Economy ( DBIE ) portal in June 2022 .
Bank deposit growth ( y – o – y ) moderated to 10.0 per cent in March 2022 as compared with 11.9 per cent a year ago ; current , savings and term deposits increased by 10.9 per cent , 13.3 per cent and 7.9 per cent , respectively , during 2021-22 .

International Events:

International Day of Cooperatives : 2 July:

International Day of Cooperatives is marked annually on the first Saturday of July . For 2022 , the day was observed on 2 July .
The theme for 2022 is ‘ Cooperatives Build a Better World ‘. The day is being marked by cooperatives worldwide since 1923 and was officially proclaimed by the United Nations General Assembly on the centenary of the ICA ( International Cooperative Alliance ) in 1995 .

India & European Union:

India and the European Union concluded the first round of negotiations for India – EU Trade and Investment Agreements in New Delhi on 1 July 2022 .
52 technical sessions covering 18 policy areas of the free trade agreement and seven sessions on Investment Protection and Geographical Indicators were held .
The second round of negotiations is scheduled to take place in September 2023 in Brussels .

Sports Events:

Jasprit Bumrah:

Jasprit Bumrah on 2 July 2022 smashed the most number of runs(29) in an over in a Test cricket match . He achieved this record during the fifth and final Test against England at Edgbaston in Birmingham .
With this , he has surpassed legendary West Indies batter Brian Lara , who hit South Africa’s Robin Peterson for 28 in an over in 2003 .

IWF:

The International Weightlifting Federation ( IWF ) has elected Mohammed Jaloud from Iraq as the President .He has become the first Asian President in the IWF’s history .
Jaloud , one of 11 candidates for the presidency , was a weightlifter himself for 13 yrs . He is the former general secretary of the Asian Weightlifting Federation .