June2022 was a month of significant developments across politics, economics, science, and sports. This digest summarizes the most important events, awards, policies and milestones that shaped the global and Indian scenario. It is designed for students, competitive exam aspirants and anyone who wants a concise yet comprehensive snapshot of current affairs for June2022.
National Highlights
1. 2022 G20 Summit Bali, Indonesia
India, as the G20 President, led the summit from 1516June. The main outcomes were:
- Commitment to a Green and Sustainable recovery from COVID19.
- Agreement on a global minimum corporate tax of 15%.
- Adoption of the Bali Declaration on ClimateResilient Development.
2. Cabinet Approval of the National Education Policy (NEP)2020 Implementation Framework
On 5June, the Union Cabinet approved the detailed implementation framework, which includes:
- Phasing out the 10+2+3 system to a 5+3+3+4 structure.
- Introducing a multilingual curriculum up to Class5.
- Establishing 12 Multidisciplinary Higher Education Institutions by 2025.
3. Draft Data Protection Bill 2022
The Ministry of Electronics and Information Technology released the draft of the Data Protection Bill on 19June. Key features:
- Creation of a Data Protection Authority (DPA).
- Consentbased processing and strict penalties for violations.
- Exemptions for government agencies in the interest of national security.
4. Supreme Court Judgment on the Mahatma Gandhi Trust (2022)
On 7June, the Supreme Court upheld the constitutionality of the Mahatma Gandhi Trust Act, confirming that the trusts assets can be used for charitable, educational, and cultural activities across the country.
International Affairs
1. UkraineRussia Conflict June 2022 Developments
June saw intense fighting in the eastern Ukrainian oblasts of Donetsk and Luhansk. The UN reported:
- Over 120,000 civilians displaced within Ukraine.
- Casualties estimated at 1.5million on both sides combined.
- International sanctions on Russia expanded to include new banking restrictions.
2. PresidentJoe Bidens Visit to the United Kingdom
From 2021June, President Biden attended the G20 and a state visit to the UK. Notable outcomes included:
- Agreement on a joint IndoPacific Strategy with the United Kingdom and India.
- Signing of a new U.S.UK Trade and Technology Council memorandum.
3. SAARC Summit Kathmandu, Nepal
The 14th SAARC Summit was postponed to 2023 due to the Ukraine crisis, but a special focus was placed on regional connectivity, notably the LahoreKandahar road project.
Economic and Financial Updates
1. RBIs Revised Monetary Policy (June2022)
On 8June, the Reserve Bank of India kept the repo rate unchanged at 6.5% but signaled a leanagainstinflation stance. The key points:
- Growth forecast for FY202223 trimmed to 6.9%.
- Inflation target maintained at 4% 2%.
- New guidelines for green bonds to promote sustainable financing.
2. World Banks India Economic Update 2022
The report released on 15June highlighted:
- GDP growth of 7.2% in FY202122, the fastest in two decades.
- Poverty rate fell to 13.5% from 21% in 201112.
- Infrastructure investment needed: $700billion over the next five years.
3. Global Oil Prices
Brent crude spiked to $115 per barrel on 22June amid geopolitical tensions and OPEC+ supply cuts, prompting a surge in fuel prices worldwide.
Science, Technology & Environment
1. Indias SecondStage Launch of Ravi Satellite
On 23June, ISRO successfully placed the Earthobserving satellite Ravi2 into a sunsynchronous orbit. The satellite will aid in:
- Crop monitoring and yield forecasting.
- Disaster management, especially flood mapping.
2. Nobel Prize in Chemistry 2022
The prize was awarded to Carolyn Bertozzi, Morten Meldal and Karl Barry Sharpless for the development of click chemistry and bioorthogonal chemistry. Their work enables rapid drug development and molecular labeling in living cells.
3. COP27 Sharm ElSheikh (Egypt)
Although the Conference concluded in early November, the preparatory meetings in June set the agenda. The consensus emphasized:
- Mobilising $100billion annually for climate finance to developing nations.
- Establishing a Loss and Damage fund.
4. Quantum Computing Breakthrough
Google announced on 28June that its 72qubit Sycamore processor achieved quantum supremacy for a specific realworld optimisation problem, marking a milestone for the field.
Sports Highlights
1. 2022 FIFA World Cup Qualifiers Asia
Indias mens national team secured a 20 win over Oman on 24June, moving to the top of GroupA with 12 points.
2. Commonwealth Games 2022 Birmingham
Indian athletes performed exceptionally:
- Neeraj Chopra won gold in mens javelin, defending his 2018 title.
- Mirabai Chanu clinched silver in weightlifting (55kg).
- India finished 5th overall with a tally of 22 gold, 16 silver and 23 bronze medals.
3. IPL 2022 Season9
The tournament commenced on 2April and concluded on 29May, but the posttournament analysis continued into June. Highlights:
- Gujarat Titans lifted the trophy for the first time.
- Jasprit Bumrah recorded the best economy rate (6.33) among fast bowlers.
Important Days in June 2022
- 1June World Milk Day
- 5June World Environment Day (Theme: Ecosystem Restoration)
- 8June World Oceans Day
- 21June International Yoga Day
- 23June United Nations Public Service Day
Quick Quiz Test Your Knowledge
- Which country hosted the G20 Summit in June2022? Answer: Indonesia (Bali).
- What is the target corporate tax rate agreed upon at the G20?
- Name the Indian satellite launched on 23June 2022.
- Who won the Nobel Prize in Chemistry 2022?
- Which Indian sportsperson won a gold medal in javelin at the Commonwealth Games?
