Current Affairs – June, 2019

Latest Current Affairs June, 2019 with Current Affairs, news summary on current events of National and International importance of June, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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16 June: The International Day of Family Remittances observed

The International Day of Family Remittances (IDFR) is observed every year all across the world on 16 June. The day recognizes the contributions made by more than 200 million migrants towards improving the lives of their 800 million family members back home, and also to create a future of hope for their children.

About International Day of Family Remittances

Background: IDFR is a universally-recognized observance adopted by United Nations General Assembly’s (UNGA) resolution A/RES/72/281.

Objective: Through the observance of IDFR, the United Nations (UN) seeks to create greater awareness about impact remittances have on millions of households, as well as on communities, countries, and entire regions. IDFR also calls upon governments, private sector entities, and civil society, to find ways that can maximize impact of contributions made in form of remittances by individuals and collective actions.

Custodian: The custodian of IDFR towards these objectives is United Nations International Fund for Agricultural Development (IFAD).

IFAD supports #FamilyRemittances2030 Campaign, to allow all stakeholders to endorse the values day represents and to showcase their engagement.

Significance: IFDR furthers 2030 Agenda for Sustainable Development and Sustainable Development Goals (SDGs). The day is fully recognized at global level, as well as included as one of key initiatives to implement newly-adopted Global Compact for Safe, Orderly and Regular Migration (GSM), which also calls for financial inclusion through remittances, reduction of remittance transfer costs, and covering all dimensions of international migration in a holistic and comprehensive manner.

About IFAD

It is an specialized United Nations (UN) agency that was one of the major outcomes of World Food Conference 1974. Later in 1977, it was set up as an international financial institution.

It is based in Rome (Italy), which is considered to be UN’s food and agriculture hub.

Since 1978, IFAD have provided US$18.5 billion in grants and low-interest loans to projects that have reached to more than 464 million people.

What is Remittance?

It is a transfer of money, commonly by a foreign worker to an individual in their home country. The money sent home by migrants (working in foreign country) competes with international aid as one of the largest financial inflows to developing countries.

India is the world’s top recipient of remittances.

Miss India World 2019: Rajasthan’s Suman Rao crowned

Suman Rao from Rajasthan won the Femina Miss India World 2019 beauty pageant during a ceremony held at Sardar Vallabhbhai Patel Indoor Stadium in Mumbai. She was crowned as Miss India 2019 by her predecessor Miss India 2018, Tamil Nadu’s Anukreethy Vas. Suman has now become 56th Miss India.

Key Highlights about Event

Other Titles: Chhattisgarh’s Shivani Jadhav an engineer by qualification clinched Femina Miss Grand India 2019 title and Bihar’s Shreya Shanker, a management student won Miss India United Continents 2019 title during grand finale of beauty pageant. Sanjana Vij of Telangana was titled as Miss India Runner Up 2019.

Judges: for prestigious event included Miss World 2018 Vanessa Ponca de leon, Remo D’Souza (Bollywood choreographer) along with actress Huma Qureshi, Chitrangada Singh, Falguni Shane Peacock (fashion designer duo), sprinter Dutee Chand and Sunil Chhetri, Indian footballer among others.

Performance: The event also saw the dance performances by film stars like Katrina Kaif, Nora Fatehi, Vicky Kaushal and Mouni Roy.

Hosts: for event were Bollywood filmmaker Karan Johar, actor Manish Paul along with Manushi Chillar, Miss World 2017.

About Suman Rao

The 20-year-old Suman is a resident of Rajsamand, Rajasthan.

She is currently pursuing a course in Charted Accountancy (CA) from New Delhi along with B.com.

She will next represent India at Miss World 2019 in Pattaya, Bangkok in Thailand on December 2019.

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