1.Government Schemes

“Responsible AI for Youth” national program launched by Ministry of Electronics & Information Technology

1 2 Daily Current Affairs Update | 03 June 2020

The program will empower Indian youth with new technology and prepare them for an AI enabled world

The program has been rolled out by National e-Governance Division, Ministry of Electronics & IT in partnership with Intel India and Department of School Education and Literacy (DoSE&L), Ministry of Human Resource Development

Quick Fact: The Union Minister of Electronics & Information Technology is Ravi Shankar Prasad

2.Person in News

New FSSAI CEO: Arun Singhal

2 2 Daily Current Affairs Update | 03 June 2020

Arun Singhal has been appointed the CEO of the Food Safety and Standards Authority of India by the Appointments Committee of the Cabinet

FSSAI is an autonomous body established under the Ministry of Health & Family Welfare, Government of India.

It looks after the food industry standards and manufacturing, storage, distribution, sale, and import of foods in India

Quick Fact: FSSAI headquarters are located in New Delhi

3.Government Schemes

GoI launches PM SVANidhi scheme

3 2 Daily Current Affairs Update | 03 June 2020

PM Street Vendors Atmanirbhar Nidhi is a credit facility scheme for rural and urban street vendors

As part of SVANidhi, Rs 10,000 credit amount will be provided to street vendors to restart their business

They shall then return the amount in installments over a year


Virat Kohli features in Forbes top 100 highest-paid athletes

4 2 Daily Current Affairs Update | 03 June 2020

The Indian cricket team captain is the only Indian sportsperson to feature on the list.

He has ranked 66, while the top rank is given to tennis player Roger Federer

The list includes sportspersons from 10 sports and 21 countries

5.Person in News

Ravinder Singh Dhillon appointed CMD of PFC

5 2 Daily Current Affairs Update | 03 June 2020

Ravinder Singh Dhillon has been appointed the CMD of Power Finance Corporation.

He has more than 35 years of experience in the sector

PFC is considered the backbone of the power sector of India

6.Government Schemes

GoI launches Technology Platform called CHAMPIONS

7 2 Daily Current Affairs Update | 03 June 2020

CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

This is a portal for MSME’s which would support them in growing by providing grievance redressal, information about opportunities and identify and encourage high performing MSMEs.

The platform was created by National Informatics Centre.

7.Person in News

PR Jaishankar appointed IIFCL Managing Director

6 2 Daily Current Affairs Update | 03 June 2020

PR Jaishankar has been appointed the Managing Director of India Infrastructure Finance Company Ltd.

The appointment has been made by the Appointments Committee of the Cabinet headed by Prime Minister

Quick Fact: IIFCL is a GoI-owned company which provides long term finance to viable infrastructure projects

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