National e-commerce marketplace ‘bharatmarket’ to be launched by CAIT
The marketplace will integrate 95% of retail traders onboard the national platform
It will provide end-to-end services in the logistics as well as supply chains from manufacturers to end consumers.
CAIT expects an enrollment of one crore retailers on the national platform in 2020, making it the world’s largest and most-unique e-marketplace ever
Quick Fact: CAIT (Confederation of All India Traders) is the leading advocate for small traders and businesses in India.
2.Science and Technology
Israel isolates key antibody of COVID-19
Israel Institute of Biological Research has isolated the key monoclonal neutralizing COVID-19 antibody
Monoclonal antibodies have greater potent values in treating the disease
This is the first monoclonal antibody to have been isolated
Quick Fact: Monoclonal antibodies are antibodies that are made from a unique parent cell and often bind to the same epitope in the antigen.
Commonwealth Youth Games postponed to 2023
The 17th Commonwealth youth games were to be held from 1st August 2021 in Tobago and Trinidad.
However, they have been cancelled to avoid a clash with Tokyo Olympics
Commonwealth Youth Games is an international sport event organized by the Commonwealth Games Federation
Quick Fact: The first commonwealth games were held in Edinburgh, Scotland.
Global Report on Food Crisis 2020 released
The report was released by the Global Network against Food Crisis
As per the report, around 135 million people are living under food crisis
Yemen has the highest number of such people, with around 53% of the population under food stress
Quick Fact: The Global Network against Food Crisis was launched by European Union, World Food Programme, and Food and Agriculture Organization.
5.Person in News
Ashok Michael Pinto appointed as US representative to IBRD
Ashok Michael Pinto is an Indian American who was serving as Counselor to Under Secretary for International Affairs.
The Five major member institutions that make up the World Bank include International Bank for Reconstruction and Development (IBRD), Multilateral Investment Guarantee Agency (MIGA), International Development Association (IDA), International Finance Corporation (IFC) and International Centre for Settlement of Investment Disputes.
Quick Fact: IBRD was established in 1944 and is headquartered in Washington DC.
Smart City Programme: Control rooms for Lock Down 3.0
Control rooms, designed by the private firm Honeywell, have been set up in Smart Cities
The rooms have sophisticated monitoring systems which use artificial intelligence and camera feeds to monitor the city.
This data helps policymakers make informed decisions and check programme efficacy.
Quick Fact: India’s first smart city was in Gujarat