Notes:
India has recently contributed $500,000 to the UN Peace building Fund (PBF) to boost efforts of United Nations for building and sustaining peace across the world. India has been a Member of the UN Peace Building Commission (PBC) since its inception in December 2005 and has so far contributed $5 million to the Peacebuilding Fund. The fresh contribution of $5 Lakh to the fund will be effected over the coming days. The UN Peacebuilding Commission (PBC) is an intergovernmental advisory body that supports peace efforts in conflict affected countries and is a key addition to the capacity of the International Community in the broad peace agenda.

Notes:
Vijay Gokhale, a 1981 batch Indian Foreign Service (IFS) officer, has been appointed as the new Secretary (Economic Relations) in the Ministry of External Affairs (MEA). Currently, he is Indian Ambassador to China. Beside this, Gokhale has served as Ambassador of India to Germany and also in Indian missions in Hong Kong, Hanoi, Beijing and New York.

Notes:
Mahesh Muralidhar Bhagwat, an IPS officer from Telangana, has been bestowed with the 2017 Trafficking in Persons (TIP) Report Heroes Award by the Unites States Department of State for his vital role in elevating human trafficking as a government priority and his innovative approach to investigating cases and dismantling trafficking operations. Currently, he is serving as the first Commissioner of Police of Rachakonda.

Notes:
Shivraj Singh Chouhan (the Chief Minister of Madhya Pradesh) and Rajeev Pratap Rudy (the Union Minister of State for Skill Development and Entrepreneurship) has laid the foundation stone of the India’s biggest Global Skill Park in Bhopal, Madhya Pradesh on July 3, 2017. As per reports, 37 acre land has been allotted in Narela Shankari area of Bhopal for the Global Skill Park. The park will be constructed at a cost of Rs 645 crore. Training will be imparted to 1000 students every year by trainers of international standard. Trained students will be given placement in India and outside India at international level. The park will function on the spirit of ‘With Industry -For Industry’.

Notes:
Carrie Lam has become the first woman chief executive of Hong Kong on July 1, 2017 after winning the 2017 Chief Executive election. She is known as a tough and effective enforcer. The Chief Executive of Hong Kong (CE) is the highest office of the Hong Kong Special Administrative Region (HKSAR). Hong Kong is a special administration region of China, which rules it under the “one country, two systems” principle. Under the system, Hong Kong enjoys a degree of autonomy and rights not seen in the mainland.

Notes:
The Government of India (GoI) has signed a $220 million loan agreement with Asian Development Bank (ADB) for improving road connectivity as well as transport efficiency and safety on state highways of Rajasthan. The loan is the first tranche of the 500 million dollar Rajasthan State Highways Investment Program, approved by ADB Board in May 2017. The first tranche loan will improve about 1,000km of State Highways and major district roads. It will have a 25-year term, including a grace period of 8 years, and carry an annual interest rate determined in accordance with ADB’s London interbank offered rate-based (LIBOR) lending facility. The total cost of the project is $1.415 billion, with the government contributing $465 million and $450 million coming from the private sector and other concessionaries.

Notes:
The International Plastic Bag Free Day (IPBFD) is observed every year on July 3 to highlight the need to phase-out plastic bags and to promote organic reusable bags. The day signifies the ability for the world to come together and create an environment that is plastic free and educating individuals about current alternatives to plastics and other wastes.

Notes:
India has ranked 88th with 676 million Swiss francs (about Rs 4,500 crore) in terms of money parked by its citizens with Swiss banks, according to an analysis by the Swiss National Bank (SNB) for 2016-end. As per latest figures, the money officially held by Indians with banks in Switzerland now accounts for a meagre 0.04% of the total funds kept by all foreign clients in the Swiss banking system. The SNB’s official figures haven’t include the money that Indians, NRIs or others might have in Swiss banks in the names of entities from different countries. The United Kingdom (UK) has topped the list, followef by United States (US), West Indies, France, Bahamas, Germany, Guernsey, ect.

Notes:
The National Multi Commodity Exchange (NMCE) will merge with Indian Commodity Exchange (ICEX) to create India’s third largest commodities exchange. The merger, which is subject to regulatory approval, is expected to be completed by December 2017. ICEX’s shareholders will hold a 62.8% stake in the merged entity while the balance will be held by shareholders of NMCE. The proposed merger will offer a range of contracts including bullion, oil, rubber and other agri-commodities. The exchange will also offer the world’s first diamond futures contract, which has already received “in-principle” approval from the regulator. The NMCE is the India’s first demutualised online national multi-commodities exchange.

Notes:
Swayam Shikshan Prayog (SSP), a Pune-based NGO, has won the 2017 United Nations Development Programme (UNDP)’s Equator Prize for its women led climate resilient agro-ecological farming model and innovative solutions in climate resilient farming in the Marathwada region of India. The SSP is one of the 15 winners of Equator Prize 2017 by UNDP. The SSP has empowered 72,000 women in the drought-prone state of Maharashtra to act as agricultural decision-makers, improving their health, food security, and economic well-being.