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Daily Current Affairs 13th June 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 13th June 2023. It includes all Major National, International, Business and Sports related current affairs of 13th June 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 13th June 2023 Current affairs test.


National Updates

1. Central Government Prohibits Over 150 ‘Anti-India’ Web Platforms

  • India’s Ministry of Information & Broadcasting has banned more than 150 websites and YouTube news outlets since May 2021.
  • Violations of Section 69A of the IT Act have been cited, with these platforms accused of producing “anti-India” content. The move is seen as an effort to combat misinformation and uphold India’s national integrity.

2. Udhampur-Doda: A Beacon of Holistic Development

  • Amongst India’s 550 parliamentary constituencies, Udhampur-Doda stands out for its comprehensive growth, setting developmental benchmarks for others.

Defence Highlights

3. “Ekuverin”: Joint Military Exercise Between India and Maldives

  • The bilateral military exercise “Ex Ekuverin”, now in its 12th edition, takes place between the Indian Army and the Maldives National Defence Force at Chaubatia, Uttarakhand.
  • Designed to improve collaboration in counter-terrorism and insurgency operations, the drill also preps the forces for combined disaster relief operations. The term “Ekuverin” means “Friends” in Maldivian.

Economic Insights

4. Moody’s Revises India’s GDP Growth Forecast

  • Moody’s Investors Service has projected India’s GDP growth for the June quarter at 6-6.3%, a reduction from the RBI’s 8% estimate.
  • Fiscal deficits resulting from unmet revenue goals raise concerns, yet Moody’s also emphasizes India’s robust domestic debt financing and overall external position.

5. Central Government Disburses ₹1.2 Trillion as Tax Share to States

  • States have recently received the third tax devolution instalment, amounting to ₹1,18,280 crore, as declared by the Ministry of Finance.
  • The allotment includes ₹4,787 crore for Andhra Pradesh, ₹2,078 crore for Arunachal Pradesh, and ₹3,700 crore, ₹11,897 crore, ₹4,030 crore, and ₹4,114 crore for Assam, Bihar, Chhattisgarh, and Gujarat, respectively.

6. Retail Inflation in India at a 25-month Low

  • Thanks to a significant reduction in food prices, India’s retail inflation for May stands at 4.25%, aligning with economists’ predictions and moving closer to the RBI’s 4% target.

Banking Bulletins

7. India Tops Global Digital Payments

  • In 2022, India emerged as the world leader in digital transactions, overtaking other nations in both transaction volume and value.
  • MyGovIndia’s data underscores India’s dominance in the digital payment sector, indicating a solid payment infrastructure coupled with extensive digital adoption.

Significant Days

8. International Albinism Awareness Day 2023

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  • Marked annually on 13th June, International Albinism Awareness Day aims to raise awareness about the genetic condition of Albinism and champion the rights of those affected.
  • This year’s focus is on debunking myths about Albinism and promoting the message: “Inclusion is Strength.”

Agreement Announcements

9. ADB and India Sign $130 Million Loan for Horticulture in Himachal Pradesh

  • The Indian government and the Asian Development Bank (ADB) have inked a $130 million loan agreement to enhance agriculture, irrigation, and horticulture ventures in Himachal Pradesh.
  • This move is geared towards boosting farmers’ incomes and fortifying them against climate change impacts across seven districts of the state.

Assorted Updates

10. EPFO’s Upgraded Role in ISSA

  • The Employees’ Provident Fund Organisation (EPFO) is set to upgrade its membership status within the International Social Security Association (ISSA) from associate to affiliate.
  • This shift will provide EPFO with increased access to specialized guidance, expertise, and enhanced support for its pension beneficiaries.
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