Daily Current Affairs 9th & 10th July, 2023

Daily Current Affairs 9 & 10,July 2023 for Banking/Insurance/SSC and other related exams.

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Ministry of Education Releases Report on Performance Grading Index 2.0 for States/UTs for the Year 2021-22
The Ministry of Education’s release of the Performance Grading Index 2.0 for States/UTs for the year 2021-22 aims to enhance the education system’s quality and outcomes.The PGI – States/UTs was first released for the year 2017-18 and so far, has been released up to the year 2020-21.

  • The Ministry of Education has devised the Performance Grading Index (PGI) to assess the performance of the school education system at the state/UT level.The PGI provides a comprehensive analysis and creates an index for evaluating the education system.
  • The new PGI structure covers 73 indicators, focused more on qualitative assessment besides including digital initiatives and teacher education. The grades/level obtained by States/UTs in previous edition of the PGIs are thus not comparable as with the grades/levels obtained by States/UTs in this new edition.
  • PGI 2.0 for 2021-22 classified the States/UTs into ten grades viz., highest achievable Grade is Daksh, which is for State/UT scoring more than 940 points out of total of 1000 points.  The lowest grade is Akanshi-3 which is for score up to 460.  The ultimate aim of PGI 2.0 is to propel States & UTs towards undertaking multi-pronged interventions that will bring about the much-desired optimal education outcomes covering all dimensions.

NHB operationalises ₹10,000-crore Urban Infrastructure Development Fund
The National Housing Bank (NHB) said it has operationalised the ₹10,000-crore Urban Infrastructure Development Fund (UIDF) announced in this year’s Budget for creation of urban infrastructure in tier-2 and tier-3 cities.

  • The initial corpus for this fund managed by NHB is ₹10,000 crore. UIDF has been launched to supplement efforts of the State governments by providing stable and predictable source of finance for creation of urban infrastructure in tier-2 and tier-3 cities.

Union Government cancels FCRA licence of Sadbhavana Trust
The Union government has cancelled the Foreign Contribution Registration Act (FCRA) licence of the Sadbhavana Trust, a Delhi-based non-governmental organisation (NGO) that has been actively working to empower Dalit and Muslim women. 

  • This cancellation prohibits the trust from receiving or utilizing foreign grants.This cancellation prohibits the trust from receiving or utilizing foreign grants. One of the cited violations of the FCRA is the trust’s failure to open an FCRA bank account in the designated State Bank of India in New Delhi. 

Gujarat CM launches ‘Antyodaya Shramik Suraksha Yojana’ 
Gujarat CM Bhupendra Patel and Union Minister of State for communications Devusinh Chauhan on July 8 launched the ‘Antyodaya Shramik Suraksha Yojna’ an accident insurance scheme, from Nadia of Kheda district in Gujarat.With this launch of the scheme, Gujarat became the first state in India to launch a scheme for the welfare of the laborers.

  • Antyodaya Shramik Suraksha Scheme is an accident insurance scheme which will provide the financial assistance to the laborers and their family in case of any accident happen to them at the work place.
  • Under this scheme, insurance with a premium of Rs.289 and Rs.499 per year will provide the financial support to workers in the event of death or partial disability.In case of the laborer’s accidental death or permanent disability 10 lakh will be given to their family.In case of death, the deceased children will be eligible for education assistance of Rs.1 lakh.Find More News Related to Schemes & Committees


World Hindu Conference to be held in Bangkok in November
The World Hindu Foundation has announced that the third World Hindu Congress (WHC) will be held in Bangkok in November 2023. 

  • The three-day event, known as Vishwa Hindu Sammelan, will take place at the Convention Center in Bangkok. With the theme “Jayasya Aayatnam Dharmah” meaning “Dharma, the Abode of Victory,” the conference will focus on exploring opportunities and addressing challenges faced by the global Hindu community.


India allows potato imports from Bhutan sans license till June 2024
The DGFT (Directorate General of Foreign Trade) has issued a notification declaring that the import of potatoes from Bhutan will continue without the need for an import license until June 30, 2024. 

  • This decision aims to maintain a steady supply of potatoes while fostering bilateral trade relations between the two countries. Additionally, the DGFT has also facilitated the import of fresh areca nut from Bhutan and outlined a procedure for the allocation of quota for the export of broken rice.


Max Verstappen wins British Grand Prix 2023
Max Verstappen win his sixth straight wins British Grand Prix with Lando Norris for McLaren in second. Mercedes’ Lewis Hamilton completed the Silverstone podium. Verstappen’s first-ever British Grand Prix win drew Red Bull level with McLaren’s record run of 11 consecutive race victories in 1988. 

  • McLaren’s Lando Norris started and finished in second place, while Lewis Hamilton (Mercedes) stood on his home podium for a 14th time by finishing third. 2023 is the 74th season of the F1 world championship.

Indian shuttler Lakshya Sen wins Canada Open 2023
Indian Badminton player Lakshya Sen defeated China’s Li Shi Feng in straight sets 21-18 and 22-20 to clinch the men’s singles title at the Canada Open 2023.

  • The 21-year-old Lakshya Sen triumphed over the reigning All England Champion Li Shi Feng by winning the first set by 21-18 and the second set by 22-20.
  • Sen has said that he is relieved to finally win a tournament in the BWF circuit after his surgery. 


ISRO to transfer SSLV to private sector
The Indian Space Research Organisation (ISRO) will soon transfer its Small Satellite Launch Vehicle (SSLV) to the private sector amid growing demand for small satellites. The space agency has decided to opt for the bidding route to transfer the mini-rocket to the industry, a senior official said. 

  • The official said, ISRO will be transferring the SSLV completely to the private sector, not just the manufacturing, but full transfer.
  • Small rockets, such as the SSLV, target nanosatellites that weigh less than 10 kg and micro-satellites, which weigh less than 100 kg, and offer on-demand launch services, without requiring clients to wait for larger rockets to carry them as co-passengers.

ESA launches ‘Euclid Space Telescope’ to review solar system bodies
The European Space Agency (ESA) has recently launched the Euclid Space Telescope, a specially designed instrument aimed at revolutionizing our understanding of the universe. This state-of-the-art telescope will enable scientists to create a detailed three-dimensional map of billions of galaxies spread across a vast area of 10 billion light-years. 

  • With its advanced capabilities, the Euclid Telescope is expected to shed light on the mysteries of dark matter, dark energy, and the expansion of the universe. Moreover, it will also contribute to various fields such as human resources, global health, climate change, and oceans.

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