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Daily Current Affairs 2nd June 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 2nd June 2023. It includes all Major National, International, Business and Sports related current affairs of 2nd 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 2nd June 2023 Current affairs test.


State News

  • The Maharashtra government has launched the “Namo Shetkari Mahasanman Yojana”, a financial scheme designed to support farmers. The scheme was approved during a Cabinet meeting chaired by Chief Minister Eknath Shinde.

Appointments News

  • Ajay Yadav has taken over as Managing Director at the Solar Energy Corporation of India Limited (SECI), a key agency of the central government responsible for auctioning renewable energy projects. SECI plays a vital role in executing renewable energy initiatives under the aegis of the Ministry of New and Renewable Energy.
  • Ashwani Kumar has been appointed as the Managing Director of UCO Bank, succeeding Soma Sankara Prasad. Presently serving as the executive director of Indian Bank, Ashwani Kumar’s tenure in this new role will last three years, starting from June 1, 2023.

Banking News

  • Razorpay, a leading fintech unicorn, has launched ‘Turbo UPI’, a streamlined one-step payment solution for the Unified Payments Interface (UPI) network. This feature, which was co-developed with the National Payments Corporation of India (NPCI) and Axis Bank, intends to simplify online payments for users.

Business News

  • The Indian government has revealed plans to offload up to a 3% stake in Coal India Ltd via an offer for sale (OFS). Both retail and non-retail investors can participate in the OFS, which will be open on June 1 and 2, allowing them to buy shares in this leading coal production company.

Economy News

  • India’s GDP growth rate spiked to 6.1% during the fourth quarter of the fiscal year 2022-23, pushing the nation’s economy to a total of $3.3 trillion. This surge in growth can be attributed to positive trends in agriculture, manufacturing, mining, and the construction industry, cumulatively resulting in an annual growth of 7.2%.

Schemes News

  • The Indian government has greenlit an ambitious scheme worth Rs 1 lakh crore, focusing on enhancing foodgrain storage capacity within the cooperative sector. Spanning the next five years, the initiative targets adding 700 lakh tonnes to the storage, taking the overall capacity to 2,150 lakh tonnes. This move positions it as the globe’s most extensive foodgrain storage program in the cooperative sector.
  • The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) has reached a significant landmark with 5 crore hospital admissions and an aggregate expenditure of 61,501 crore rupees. The scheme offers free treatment to its beneficiaries at a series of empaneled hospitals spread across the country.

Summits and Conferences News

  • The India-EU Connectivity Conference is set to be held in Meghalaya from June 1 to June 2. Organized jointly by the Ministry of External Affairs (MEA), the EU Delegation to India, and the Asian Confluence, the event will concentrate on magnifying connectivity investments in North Eastern States of India and its neighbouring nations.
  • Foreign ministers representing the BRICS nations – Brazil, Russia, India, China, and South Africa, are gathering in Cape Town for a conference lasting two days. The agenda includes discussions on a myriad of subjects, from local currency trading to the ongoing Russia-Ukraine dispute, leading up to the 15th BRICS Summit scheduled for August.

Important Days

  • The Global Day of Parents, commemorated every June 1st, celebrates the invaluable contributions of parents to their children and society as a whole. It underscores the guidance parents provide and recognizes their unwavering love and sacrifices.
  • World Milk Day, celebrated on June 1st, advocates for milk consumption and accentuates its myriad benefits on a global scale. The theme for 2023’s World Milk Day is “Showcasing how dairy is reducing its environmental footprint, while also providing nutritious foods and livelihoods”. This initiative receives backing from the Food and Agriculture Organisation (FAO) of the United Nations.
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