Daily Current Affairs · July 2, 2024

current-affairs-02-july-2024

MLC Daily Current Affairs – 02 July 2024

Today in History (July 2nd, 1940)

Indian independence leader Subhas Chandra Bose is arrested and detained in Calcutta.

Let’s revise

A) Where was held recent T20 cricket world cup final?

  1. Bridgetown, Barbados
  2. New York
  3. California
  4. Toronto, Canada

Ans. (1)

B) Which country won the very first edition of the ICC Men’s T20 World Cup in 2007?

  1. Australia
  2. India
  3. Pakistan
  4. Sri Lanka

Ans. (2)

C) Who is the only batsman to score two centuries in the T20 World Cup?

  1. Rohit Sharma
  2. Chris Gayle
  3. Virat Kohli
  4. Babar Azam

Ans. (2)

D) The 2024 edition of the T20 World Cup was co-hosted by which two countries?

  1. Australia & New Zealand
  2. India & Pakistan
  3. West Indies & United States
  4. England & South Africa

Ans. (3)

E) Boi Bumba dance is associated with which country?

  1. India
  2. Brazil
  3. Canada
  4. China

Ans. (2)

F) Who have taken the charge of Chief of the Army Staff?

  1. Manoj Pandey
  2. Upendra Dwivedi
  3. Rakesh Sharma
  4. Rajesh Shukla

Ans. (2)

G) Who is the Chief of Indian Navy, a classmate of Chief of the
Army Staff ?
Ans. (Admiral Dinesh Tripathi)

H) Lieutenant-General ________will become the Vice-Chief of the Army Staff.

  1. N.S. Raja Subramani
  2. Kailash Rajapati
  3. Animesh Pradhan
  4. Kapil dixit

Ans. (1)

Summary of Today’s News

The Home Minister on three new criminal laws

  • It will take up to three or four years for relevant ‘technical aspects’ of the legislation to become fully applicable;
  • Laws are available in all languages in the Eighth Schedule
  • After the full implementation the justice will be delivered within three years from FIR
  • The new laws focus on justice not on punishment unlike the old laws enacted by the colonial powers for their interests
  • Mr. Stalin, CM of TN- Names in Sanskrit is violation of Article 348 but home minister gave some clarification
  • Custody has not been extended to 60 days but it is 15 days within first 60 days, it is to avoid the misuse of legal loopholes
  • On missing sections on sexual crimes against men and transgender- judgements of SC are available
  • For any technical issues, interpretation we will discuss with the Supreme Court

Undecided boundaries for new census

  • The Indian government has yet to decide on a new deadline for freezing administrative boundaries for the upcoming Census, which has already been extended nine times since December 2020.
  • This delay impacts the Census timeline, last conducted in 2011, and indirectly affects the implementation of the women’s reservation Act, which depends on Census data for delimitation exercises.
  • Without a clear deadline, the Census exercise could potentially begin in the next three to six months.

Notice to Union Govt. and Tamil Nadu Govt. on gender based discrimination

  • The National Human Rights Commission (NHRC) has issued notices to the Union Ministry of Labour and Employment and the Tamil Nadu government, requesting detailed reports on allegations that Foxconn systematically excluded married women from employment at its Sriperumbudur iPhone assembly plant.
  • While Foxconn denies any discriminatory practices, the NHRC expressed serious concerns over potential violations of the right to equality and equal opportunity, emphasizing the need for adherence to both national and international gender equality standards.

Glossing over unemployment and need of a long term strategy

  • The Indian economy requires 25 million-plus jobs to be generated over the next five years in order to employ all
  • GDP, grew at an impressively rapid pace of 8% last year but without jobs
  • According to latest official statistics, the unemployment rate for aged 15 years or above may have dipped from 4.2% in 2021 to 3.1% in 2023, but not commensurate with the rapid GDP growth rate of 8%.

Inequality gap is widening

  • The gap has widened in the last two decades.
  • About 1% of India’s population now owns 40% of the country’s wealth.
    • This is terrible for any democratic population and state and the stability of the nation.
  • This is what is graphically called “K-shaped” inequality in the economy

K-shaped

  • Each financial year has four quarters, namely,
    • April 1-June 30,
    • July 1-September 30,
    • October 1-December 31,
    • January 1-March 31.

Need for a new strategy

  • During the last decade, this government’s economists have frequently called for the “next generation of reforms” to accelerate national economic growth. But without full majority tough decisions can not be taken
  • Moreover, in agriculture, 92% of the jobs are in the unorganized sector.
  • In industry and services, 73% of the jobs created are in the small- and medium-informal sections.
  • The government and formal private sector account for a mere 27% of jobs.
  • Thus, India now needs a new long-term economic strategy.

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