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CURRENT AFFAIRS CAPSULE – 22 JULY 2019

July 22, 2019
Posted by: Team CP
Category: Current Affairs Capsule

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The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project (MPP) in Arunachal Pradesh for an amount of Rs. 1600 crore. Dibang MPP is a storage based hydro-electric project and will be the largest ever Hydro Electric Project to be constructed in India. The envisaged height of Concrete Gravity Dam is 278 metres and on completion, it will be highest dam in India.
The United States of America has slapped sanctions against Myanmar’s Military Chief Min Aung Hlaing and three other top officers for gross human rights violations, including killing of Rohingya Muslims. The announcement in this regard was made by US Secretary of State Mike Pompeo. Following the US sanctions, they along with their immediate family members have been banned from entering the US.
Christine Lagarde resigned as the Managing Director of the International Monetary Fund (IMF). It comes ahead of a decision on her nomination to become head of the European Central Bank (ECB). The former French cabinet minister has been the head of the IMF since 2011. If the European Council approves her ECB nomination, she will become the central bank’s first ever female leader, responsible for the euro and the monetary policy of the eurozone.
Ebola outbreak in DR Congo was declared as a global health emergency by the World Health Organization (WHO) on 17th July, 2019. The Ebola outbreak, considered to be Congo’s worst-ever, has already killed over 1700 people in Congo. The deadly Ebola virus now threatens to affect neighbouring nations and infect millions of people. This is the fifth time in history that WHO has declared a public health emergency.
Parliament passed the New Delhi International Arbitration Centre Bill, 2019. It replaces an ordinance which was promulgated in March, 2019. It seeks to provide for the establishment and incorporation of New Delhi International Arbitration Centre (NDIAC) for the purpose of creating an independent and autonomous regime for institutionalized arbitration.
Sri Lanka signed an agreement with IRCON International Limited for the upgrading of a railway track with Indian concessional financing of around 91.26 million US dollars. The 130 km track is located between Colombo and Jaffna in Tamil-majority Northern Province. India has so far committed Line of Credit worth around 1.3 billion USD for development of railway sector in Sri Lanka.
The governor of Odisha Prof. Ganeshi Lal inaugurated 21st Commonwealth Table Tennis Championship at the Jawaharlal Indoor Stadium in Cuttack, Odisha. The tournament will be held from 17th July to 22nd July. 12 Nations are participating in this edition. Commonwealth Table Tennis Championship was first hosted in 1971 in Singapore. India hosted the tournament for the first time in Bombay in 1982.