Denmark will introduce the world’s first emissions tax on livestock in 2030, targeting greenhouse gases from cows, pigs, and sheep.
Farmers will initially pay $43 per metric ton of CO2 equivalent, increasing to $108 by 2035.
However, a 60% tax deduction will reduce the effective rates to $17 per metric ton in 2030 and $43 in 2035.
2. Recently the term of Ursula von der Leyen, the first female president of the European Commission, was extended, Ursula von der Leyen belongs to which country? – Germany
Recently Ursula von der Leyen has been elected for a second term as the President of the European Commission.
Ursula von der Leyen belongs to Germany, who was elected President of the European Commission in the year 2019.
Economic Affairs
3. The Government of India and the Reserve Bank of India have decided to implement a revised framework on currency swap Framework for SAARC countries for the period of
which year? – 2024-2027
India, the largest remittance recipient globally, is expected to receive $124 billion in inward remittances in 2024 and $129 billion in 2025.
In 2023, India received $120 billion, marking a 7.5% growth rate, projected to be 3.7% in 2024.
The World Bank’s June 2024 Migration and Development Brief highlights these trends, noting India as the leading emigrant origin country with 18.7 million emigrants.
Important Days & Weeks
8. National Statistics Day is celebrated every year on 29 June, on whose birth anniversary is this day celebrated? – PC Mahalanobis
The day is observed in honour of P. C. Mahalanobis, an eminent Indian scientist and statistician in the field of economic planning and statistical development.
Objective- To raise public awareness about the importance of statistics in the socio-economic planning and policy-making of the nation.
State Current Affairs
9. Recently, the government of Uttar Pradesh has decided to set up a bioplastic park in which district? – Lakhimpur Kheri
The Yogi Adityanath government in Uttar Pradesh is establishing a bioplastic park in Kumbhi village, Gola Gokarnnath tehsil, Lakhimpur Kheri district, to combat plastic pollution.
Covering 1000 hectares and costing Rs 2000 crore, the project will be developed by Balrampur Chini Mill, with UPEIDA as the nodal agency.
Bioplastics, made from renewable sources, decompose quickly, offering an eco-friendly alternative to petroleum-based plastics.
10. Pallikaranai Marshland, recently seen in news, is located in which state? – Tamil Nadu
The Tamil Nadu government plans to build a high-level bridge to protect the Pallikaranai Marshland, a freshwater and saline wetland 20 km south of Chennai.
As one of Chennai’s last natural wetlands, it serves as an aquatic buffer, draining 250 sq. km through Okkiyam Madavu and Kovalam Creek into the Bay of Bengal.
A Ramsar site, it supports diverse species including 115 bird species, Russell’s viper, and the glossy ibis.
Miscellaneous
11. Where is the 108 feet tall statue of the famous Nadaprabhu Kempegowda installed? – Bengaluru
