Weekly Current Affairs 1st To 7th May 2020

Published on Friday, May 08, 2020
Weekly Current Affairs 1st To 7th May 2020

International News

USAID to Provide Additional $3 Million to India to Fight COVID-19

  • An Aid agency of United States-The United States Agency for International Development (USAID)has announced to provide an additional $3 million to India, for mitigating the spread of COVID-19.
  • The fund will be utilized under Partnerships for Affordable Healthcare Access and Longevity (PAHAL) project.

National News

‘Kisan Sabha App’—CSIR-Central Road Research Institute (CSIR-CRRI)

  • CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi has developed Kisan Sabha App with an aim to connect farmers to supply chain and freight transportation management systems.
  • The Kisan Sabha App is a one-stop solution for farmers, transporters, and other entities engaged in the agriculture Industry.

"IDEAthon" Titled "The future of River Management"

  • The National Mission for Clean Ganga operating (NMCG) under the Ministry of Jal Shakti and National Institute of Urban Affairs (NIUA) launched "IDEAthon" titled "The future of River Management".
  • It aimed to create awareness about the ecological importance and economic potential of the rivers to help the cities.

"The Saras Collection" Launched on GeM Portal

  • The Union Minister for Rural Development and Panchayati Raj and Agriculture and Farmers' Welfare Narendra Singh Tomar launched “The Saras Collection” on the Government e-Marketplace (GeM) portal.
  • The collection will display daily utility products made by rural self-help groups (SHGs).

The Agro MSME Policy

  • An Agro MSME policy will be launched to focus on export enhancement and import substitution to replace foreign imports with domestic production.
  • It will be also focusing on innovation, entrepreneurship, science and technology, research skill and experiences to convert the knowledge into wealth.

‘AYURAKSHA’—By All India Institute of Ayurveda (AIIA) and Delhi Police

  • The All India Institute of Ayurveda (AIIA)and Delhi Police organized the AYURAKSHA program for Delhi Police personal at New Delhi.
  • The program was launched under the Ministry of AYUSH.

Ayush Kavach App- By Uttar Pradesh Government

  • Ayush Kavach mobile app is launched by the state government of Uttar Pradesh.
  • The app provides health-related tips and information about Ayurveda medicine on novel coronavirus infection.

‘Surakshit Dada-Dadi & Nana-Nani Abhiyan’ Campaign—By NITI Aayog and Piramal Foundation

  • The National Institution for Transforming India (NITI) Aayog in partnership with Piramal Foundationlaunched virtually the‘Surakshit Dada-Dadi & Nana-Nani Abhiyan’campaign to ensure the well-being of senior citizens during the COVID-19 pandemic.

Banking

‘Vikas Abhaya’—By Karnataka Vikas Grameena Bank

  • Karnataka Vikas Grameena Bank(KVGB) which is a regional rural bank has launched ‘Vikas Abhaya’ a loan scheme to provide some relief to Micro, Small, and Medium Enterprise(MSME) borrowers.
  • The loan scheme is launched for those borrowers whose business activities are disrupted because of the COVID-19 pandemic in Dharwad, Karnataka.

RBI Extends Regulatory Benefits under SLF-MF Scheme

  • The Reserve Bank of India (RBI) extended the regulatory benefits announced under the special liquidity facility for mutual funds (SLF-MF) scheme to all banks, irrespective of whether they avail funding from RBI or deploy their own resources under the scheme.

RBI cancels License of CKP Co-Operative Bank Ltd., Mumbai

  • The Reserve Bank of India (RBI) canceled the license of CKP Co-operative Bank Ltd., Mumbai, to carry on banking business, with effect from April 30, 2020.
  • The bank is prohibited from the business of ‘banking’ including acceptance and repayment of deposits.

Reports

Global Report on Internal Displacement (GRID) 2020--By IDMC

  • Geneva-based Internal Displacement Monitoring Centre (IDMC) released its Global Report on Internal Displacement (GRID) 2020.
  • As per the report 5 million people were displaced in India in 2019, which is the highest in the world, due to disasters, including cyclones and monsoon floods.

About me

ramandeep singh

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.

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