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One Liners of the Day, 04 June 2022

Economy: 

  • India's merchandise export rose 15.46% to USD 37.3 billion in May 2022 as compared to USD 32.30 billion in May 2021, recording the highest ever exports in May 2022. 
  • Recently, PhonePe, in collaboration with Boston Consulting Group (BCG), released a report titled, 'Digital Payments in India: A $10 trillion Opportunity'. As per the report, India's digital payments market is expected to increase more than threefold from the current 3 trillion dollars to $10 trillion by 2026. 
  • The Ministry of Coal undertook 13 Railway Projects to develop multimodal connectivity in line with the goal of PM Gati Shakti. 

National Affairs: 

  • New Guidelines for Central Sector Scheme "Promotion of MSMEs in North Eastern Region and Sikkim" for enhancing productivity and competitiveness
  • India-Senegal signed three MoUs for cultural exchange, cooperation in youth matters and a visa-free regime for officials.
  • Centre for Development of Telematics (C-DOT), VVDN Technologies Private Limited and WiSig Networks Private Limited have signed an agreement for collaboration in an Open RAN based Radio Network for a 5G solution on 2 February 2022. 
  • Shri Pankaj Kumar, Secretary, Department of Water Resources, River Development & Ganga Rejuvenation, Ministry of Jal Shakti, has released the final report of the Integrated Landscape Management Plan for Greater Panna Landscape on 1 June 2022.
  • The 17th Mumbai International Film Festival is celebrating the 70th anniversary of the Indo-Japan diplomatic relationship. 

International Affairs: 

  • Minister of State for Communications, Shri Devusinh Chauhan, participated in Ministerial Round Table Meeting on 'ICT for Well-Being, Inclusion and Resilience: WSIS Cooperation for Accelerating Progress on the SDGs' on 2 June 2022.
  • The 'High-level Dialogue from the lab to the real world: Artificial Intelligence and the decade action' was also organised as part of WSIS 2022 to discuss issues pertaining to AI and allied sectors.

Important Days and Dates: 

  • Ministry of Youth Affairs and Sports, as part of a celebration of Azadi ka Amrit Mahotsav-India@75, is organising World Cycle Day throughout the country on 3 June 2022.

State Affairs: 

  • PM greets the people of Telangana on the state's Formation Day. The state of Telangana was officially formed on 2 June 2014.
  • The Central Government has approved New Guidelines of the Central Sector Scheme "Promotion of MSMEs in North Eastern Region and Sikkim". The scheme has the following components: 1. Setting up of new and modernisation of existing Mini Technology Centres, 2. Development of new and existing Industrial Estates, and 3. Development of Tourism Sector. 

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