AspirantWorld One liners : 20th July

• At the recent 47th G7 summit, the G7 (Group of Seven) Countries proposed a ‘Build Back Better World (B3W) initiative to counter China’s Belt and Road Initiative (BRI). To address the infrastructure investment gap in developing and low-income countries, which China is increasingly capturing through 2,600 BRI projects.

• The United States, Pakistan, Afghanistan and Uzbekistan have agreed in principle to establish a new quadrilateral diplomatic platform aimed at improving regional connectivity. The two sides intend to cooperate to expand trade, establish transit links, and strengthen business-to-business ties.

• A study conducted by researchers at the University of Maryland refuted the widespread hypothesis why Mercury’s core has a larger core relative to its mantle (the layer between its core and the crust). Scientists had previously argued that hit-and-run collisions with other bodies during the formation of our solar system.

• One of the world’s largest affordable housing missions, Pradhan Mantri Awas Yojana – Urban (PMAY-U), has launched two novel initiatives. It has launched Khushiyon Ka Aashiyana- Short Film Contest 2021 and Awas Par Samvaad, a 75-seminar and workshop series.

• The registration process for vintage motor vehicles has been formalised. The Central Motor Vehicles Rules, 1989, have been amended by the Ministry of Road Transport and Highways. The registration of Vintage Motor Vehicles has been formalised.

• The Chief Labour Commissioner of India meets with Project officials in Srinagar to discuss the implementation of Labour Laws and new Labour Codes. The Chief Labour Commissioner (Central) Organization, also known as the Central Industrial Relations Machinery, is the country’s apex organisation.

• The Indian Navy has accepted the first two MH-60R Multi Role Helicopters (MRH). The Indian Navy is obtaining 24 MH-60R MRH (Manufactured by Lockheed Martin corporation) from the US (United States) government at an estimated cost of US$2.4 billion.

• A bio-toilet is a dry toilet that treats human waste through a biological process known as composting. It uses specific high graded bacteria (aerobic or anaerobic) to decompose human excretory waste in a digester tank, converting it into methane gas, carbon dioxide gas, and water.

• The Finance Minister delivered a speech at the U.S. India Business Council roundtable on “Maximizing the India’s Long- term and inclusive growth as a global destination for U.S.(United States) investment.” The US-India Business Council was founded in 1975 as a business advocacy organization to educate.

• Digital Platform Kisan Sarathi launched for farmers. It is a digital platform to facilitate farmers to get the ‘right information at the right time’ in their desired language. It is available in Hindi and other regional languages.

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