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Daily Current Affairs 20th June, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 20th June, 2024. It includes all Major National, International, Business and Sports related current affairs of 20th June, 2024. 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 20th June, 2024 Current affairs test.

National News

Union Cabinet Announces Economic Decisions Worth Over ₹2.88-Lakh Crore
  • The Union Cabinet has approved economic measures amounting to over ₹2.88-lakh crore.
  • These include an increase in the Minimum Support Price (MSP) for 14 Kharif crops, the expansion of the Varanasi airport, and the creation of a new major port at Vadhavan.
  • These decisions were made in the first Cabinet meeting following the allocation of portfolios to Union Ministers in the Modi government’s third term, aiming to boost various sectors and stimulate economic growth.
Cabinet Approves National Forensic Infrastructure Enhancement Scheme (NFIES)
  • The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Central Sector Scheme called the “National Forensic Infrastructure Enhancement Scheme (NFIES)” with a financial allocation of ₹2,254.43 crore for the period from 2024-25 to 2028-29.
  • This initiative, driven by the Ministry of Home Affairs, seeks to enhance India’s forensic capabilities through strategic investments in infrastructure and manpower.
Chirag Paswan and Shri Ravneet Singh Launch Website and Mobile App for World Food India 2024
  • Union Minister of Food Processing Industries, Shri Chirag Paswan, and Union Minister of State for Food Processing Industries and Railways, Shri Ravneet Singh, have launched the website and mobile application for World Food India 2024 as a precursor to the 3rd edition of the event.
9 Major Ports of India Make It to Global Top 100 by World Bank, a First for The Country
  • In a notable advancement for India’s port development program, nine Indian ports have entered the Global Top 100 in the Container Port Performance Index (CPPI) 2023.
  • This report is compiled by the World Bank and S&P Global Marketing Intelligence.
  • Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, credited the ambitious Sagarmala program, envisioned by Prime Minister Narendra Modi, for modernizing the ports and enhancing their efficiency.

Summits and Conferences News

112th International Labour Conference in Geneva, Switzerland
  • The 112th International Labour Organization (ILC) conference took place in Geneva from June 3-14, 2024.
  • The event saw the participation of more than 4,900 delegates representing governments, employers, and workers’ organizations. The next ILC will be held in June 2025.
CCRYN in Collaboration with Svyasa Organizes Conference on “Yoga for Space” in Bengaluru
  • The Central Council for Research in Yoga & Naturopathy (CCRYN), in collaboration with Svyasa University, organized a conference titled “Yoga for Space” at S-Vyasa University in Bengaluru.
  • This event, part of the observance of International Day of Yoga (IDY) 2024 with the theme “Yoga for Self & Society,” brought together experts to explore the benefits of yoga in extreme conditions, including space environments, to enhance societal health.

Schemes News

Cabinet Approves Viability Gap Funding (VGF) Scheme for Offshore Wind Energy Projects
  • The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Viability Gap Funding (VGF) scheme for the implementation of offshore wind energy projects in India.
  • This decision represents a significant step toward tapping into the extensive offshore wind energy potential within the country’s exclusive economic zone.
  • The scheme has a total financial outlay of ₹7,453 crore.

Defence News

Indian Army Inducts Indigenous ASMI Submachine Gun
  • In a move toward self-reliance, the Northern Command of the Indian Army has ordered 550 indigenously designed, developed, and manufactured ASMI submachine guns worth ₹4.26 crores from Hyderabad-based Lokesh Machine Limited.
  • This marks the first induction of an indigenously designed and manufactured weapon into the Indian Army.

Banking News

Axis Bank Acquires Additional Stake in Max Life Insurance Subsidiary for ₹336 Crore
  • Axis Bank has decided to increase its shareholding in Max Life Insurance by investing up to ₹336 crore.
  • This transaction will raise the aggregate shareholding of Axis Entities from 19.02% to 19.66%.

Sports News

Neeraj Chopra Shines at Paavo Nurmi Games 2024
  • Indian javelin thrower Neeraj Chopra has won the gold medal in the men’s javelin throw event at the Paavo Nurmi Games 2024 in Turku, Finland.
  • The Paavo Nurmi Games is a prestigious World Athletics Continental Tour (Gold level) event, and Neeraj’s victory further cements his status as a leading figure in the sport.
Trent Boult Announces Retirement from International Cricket
  • New Zealand’s left-arm fast bowler, Trent Boult, has announced his retirement from international cricket following New Zealand’s final Group C match against Papua New Guinea at the 2024 T20 ICC Cricket World Cup.
  • The match was held at the Brian Lara Stadium in Tarouba.

Important Days

World Refugee Day 2024: Date, Theme, and History
  • World Refugee Day is observed annually on June 20th to recognize the millions of people who have been forced to flee their homes due to conflict, persecution, or natural disasters.
  • The theme for World Refugee Day 2024 is “Everyone is Welcome.”
World Sickle Cell Day 2024: Date, Theme, History, and Significance
  • The United Nations General Assembly designated June 19 as World Sickle Cell Day in December 2008 to raise awareness about sickle cell disease, promote early detection, and encourage preventive measures for patient relief.
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