As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
On World Environment Day, the E-100 Pilot Project was launched in Pune (5 June). The project's goal is to build a nationwide network for ethanol production and distribution.
Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil's legendary football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.
The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan as the 22nd and 23rd members of the Asia region.
Science Exploration Day is also called Moon Day. Moon Day is marked every year on July 20. In 1969, Neil Armstrong and Edwin 'Buzz' Aldrin became the first humans to land on the Moon's surface.
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