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RBI signs $400 mn currency swap with Sri Lanka The Reserve Bank of India (RBI) has signed an agreement for extending a $400-million currency swap facility to Sri Lanka. This currency swap is used to boost the foreign reserves and ensure the financial stability of the country, which is badly hit by the COVID-19 pandemic.The currency swap arrangement will remain available till November 2022. Sri Lanka was set to enter into an agreement with the RBI for a currency swap worth $400 million under the South Asian Association for Regional Cooperation (SAARC) framework. In the swap arrangement, a country provides dollars to a foreign central bank, which, at the same time, provides the equivalent funds in its currency to the former, based on the market exchange rate at the time of the transaction.The parties agree to swap back these quantities of their two currencies at a specified date in the future, which could be the next day or even two years later, using the same exchange rate as in the first transaction.
Haryana to host 2021 Khelo India Youth Games Haryana will host the 4th edition of the Khelo India Youth Gamesin 2021. The announcement was made by the Haryana’s chief minister Manohar Lal Khattar and Union sports minister Kiren Rijiju via video conference. The Games will be held in Panchkula. Haryana has done well in all three editions of KIYG. While they came second in both 2019 and 2020 editions (200 medals in 2020 and 159 medals in 2019) Haryana won it in 2018 with 102 podium finishes (38 gold, 26 silver, 38 bronze).
Delhi government launches portal “Rozgar Bazar” Delhi government has launched the portal named as “Rozgar Bazar”, a sort of marketplace for job seekers and the people recruiters. The portal will proved to be a boon for the employers as well as the job seekers. The recruiters can visit the website and update their requirements, similarly job seekers are also required to visit the portal and update their qualification, experience and requirement. The “Rozgar Bazar” portal is an effort of the Delhi Government to revive the lockdown-hit economy of Delhi. There are many people who want jobs and there are traders, businessmen, professionals, contractors who are not getting the right person for their work. This portal will fill the gap by bringing them together on one platform.
Kargil Vijay Diwas celebrated on 26th July Kargil Vijay Diwas is observed on 26th July every year. On this day, the country remembers the extreme valour, sacrifice and exemplary courage of Indian soldiers during the 1999 Kargil war. This year India is celebrating the 21 years of victory in Kargil war. It was in 1999 that a high altitude mountain war broke out along the peaks of Kargil near the Line of Control, the de-facto border that divides Kashmir between the two nations.
GoI grants medical assistance worth about USD 1Mn to DPRK Government of India has extended medical assistance worth about USD 1 million in the form of anti-tuberculosis medicines to North Korea. The medical assistance was extended in response to a request received from the World Health Organisation (WHO) and was granted under the aegis of an ongoing WHO anti-tuberculosis programme in the Democratic People’s Republic of Korea (DPRK). The consignment of anti-tuberculosis medicines was handed over by Indian Ambassador to DPRK Atul Malhari Gotsurve to DPRK authorities in the presence of a WHO representative.
World Hepatitis Day is observed on 28 July every year. The aim is to raise awareness about viral hepatitis and encourage a public from all over the world to eliminate hepatitis. The day aims to find the undiagnosed millions who suffer Hepatitis. Theme: The theme of 2020 World Hepatitis Day is “Find the Missing Millions.” The theme focuses on the people from across the world to take action and raise awareness to the 290 million people who are living with viral hepatitis unware.
History on the Date:
(1586) Walter Raleigh brings the 1st tobacco to England from Virginia
(1939 )The CRPF was founded as Crown Representative’s Police on July 27, 1939 and became the Central Reserve Police Force (CRPF) on the enactment of the CRPF Act on December 28, 1949.