Page-3 of Current Affairs - June, 2018

Government bans oxytocin hormone to curb misuse

June 28, 2018

The Union Ministry of Health and Family Welfare has banned manufacture and sale of Oxytocin drug formulations for domestic use in private sector to prevent its misuse from 1st July 2018. Its import also has been banned. It also has ..

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Cabinet approves establishment Strategic Petroleum Reserves at Chandikhol and Padur

June 28, 2018

The Union Cabinet has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserves (SPR) facilities at Chandikhol in Odisha and Padur in Karnataka. It also approved construction of dedicated SPMs (Single Point Mooring) for the two SPRs. ..

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CCEA approves capital infusion in Export Credit Guarantee Corporation

June 28, 2018

The Cabinet Committee on Economic Affairs (CCEA) has approved the capital infusion of Rs. 2000 crore for strengthening of Export Credit Guarantee Corporation (ECGC) to enhance insurance coverage to micro, small medium enterprises (MSMEs) exports. The amount will be infused ..

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Cooperation on Maritime Awareness Mission: Cabinet approves Implementing Arrangement between India and France

June 28, 2018

The Union Cabinet has approved Implementing Arrangement (IA) between India and France for pre-formulation studies of Maritime Domain Awareness Mission signed in March 2018. The proposed joint mission will be devoted to maritime domain awareness, with objective to provide relevant ..

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International Micro, Small and Medium-sized Enterprises Day: June 27

June 28, 2018

The International Micro, Small and Medium-sized Enterprises (MSME) Day is observed every year across the world on June 27. This year is second edition after the day was instituted in April 2017. The day highlights strong contribution of MSME businesses ..

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Jaitapur nuclear plant: France’s EDF and GE sign deal to build 6 nuclear reactors

June 27, 2018

French state-run power utility EDF and American conglomerate General Electric (GE) have signed strategic cooperation agreement with State-run Nuclear Power Corporation of India (NPCIL) to build for construction of 6 EPR (European Pressurized Reactors) type nuclear reactors of capacity 1,650 ..

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Global Environment Facility (GEF): India increases grant from $12 million to $15 million

June 27, 2018

India announced to increase its grant to Global Environment Facility’s (GEF) new four-year investment cycle, known as GEF-7 from $12 million to $15 million. It was announced at the GEF Council meeting held at Da Nang, Vietnam and approved a ..

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3rd Annual Meeting of AIIB held in Mumbai

June 27, 2018

The 3rd Annual Meeting of Asian Infrastructure Investment Bank (AIIB) concluded in Mumbai, Maharashtra in optimistic note to raise its lending capacity to boost prosperity and security in Asia. The meeting was jointly organised by Department of Economic Affairs under ..

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Van Dhan Scheme: Government proposes to set up 3,000 Van Dhan Kendras involving 30,000 SHGs

June 27, 2018

The Union Government has proposed to set up 3000 Van Dhan Kendras involving 30,000 Self Help Groups (SHGs) across the country under its Van Dhan Scheme. This will help in empowering tribals by providing them skill up-gradation and capacity building ..

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UN Relief and Works Agency (UNRWA): India pledges $5 million for Palestine Refugees

June 27, 2018

India has pledged $5 million for United Nations Relief and Works Agency for Palestinian Refugees (UNRWA) in the Near East. Besides India, 19 countries also made pledges (contributions) for UNRWA at the Pledging Conference for UNRWA held in New York, ..

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