Top GKToday’s News Headlines-21 June 2020

GARIB KALYAN ROZGAR ABHIYAN

• PM launched the ‘Garib Kalyan Rozgar Abhiyaan’ employment scheme for migrant workers from six states who returned to their home states during the coronavirus-induced lockdown
• The Rs 50,000 crore employment scheme will be implemented on a mission mode in 125 days in 116 districts of six states — Bihar, MP, UP, Rajasthan, Jharkhand and Odisha
• ‘Garib Kalyan Rozgar Abhiyaan’ will involve implementation of 25 public infrastructure works related to rural housing, drinking water supply and construction of panchayat bhavans

ECONOMY & CORPORATE

• Pension Funds: Govt. approval made compulsory for investments from bordering countries “including China”
• Make in India: Govt invites global vessel owners to register ships in India
• Beijing-based Asian Infrastructure Investment Bank (AIIB) to provide $750 million loan to India for ‘COVID-19 Active Response and Expenditure Support Programme’
• India’s foreign exchange reserves touch a life-time high of $507.644 billion in the week to June 12
• RIL CMD Mukesh Ambani ninth on Forbes Real-time Billionaires List with a net worth of $64.6 billion; Amazon founder & CEO ($160.1 billion) No: 1

WORLD

• World Refugee Day observed on June 20; theme: ‘Every Action Counts’
• China announces tariff exemption for 97% of Bangladeshi exports effective from July 1