IMF MD named former RBI governor Raghuram Rajan & 11 others to her external advisory group to provide perspectives from around the globe on key developments and policy issues, including responses to the exceptional challenges due to corona virus.
International Monetary Fund MD-Kristalina Georgieva.
According to RBI data, Bank credit growth decelerated to an over five-decade low of 6.14 percent in the fiscal ended March 31, 2020, amid a faltering economy, lower demand and risk aversion among banks.Earlier in 1962 loans had grown by 5.38 percent.
It was slowest since the fiscal ended March 1962.
According to RBI data, The country's foreign exchange reserves declined by $902 million to $ 474.66 billion in a week,due to a fall in foreign currency assets.During 2020-21, the country's foreign exchange reserves have risen by almost $62 billion.
The gold reserve also declined by $340 million to $30.55 billion
Asian Development Bank (ADB) assured USD 2.2 billion (about Rs 16,500 crore) in immediate assistance to the health sector and to help alleviate the economic impact of the pandemic on the poor informal workers; MSMEs and the financial sector.
Asian Development Bank President- Masatsugu Asakawa.
As community transmission of coronavirus has begun in Mumbai local civic body -Brihanmumbai Municipal Corporation (BMC) -issued a circular making three-ply or cloth mask a must if they are venturing out for any purpose in the city.
Maharashtra CM -Uddhav Thackeray; BMC chief Praveen Pardeshi.
World Athletics suspended the qualification period for the Tokyo Olympics until December 2020 in wake of the fast-spreading COVID-19 pandemic following consultation with its Athletes’ Commission, Area Presidents and Council.
World Athletics,HQs: Monaco; Membership: 214 member federations.
Twitter founder-CEO Jack pledges $1 billion worth of equity in Square- a mobile payments platform he founded and also runs- to a COVID-19 relief fund.The figure represents about 28% of his net worth.Dorsey has a net worth of about $3.9 billion.
In 1997,Ted Turner made an historic $1 billion pledge to UN.
Govt. has disbursed the 1st instalment of ₹15,841 cr. to 7.92 cr. farmers under the PM-KISAN scheme, since March 24 ,to curb COVID-19.Under the Pradhan Mantri Kisan Samman Nidhi scheme, the Centre transfers an amount of ₹6,000/yr, in 3 equal instalments.
PM-KISAN Scheme completed one year on February 24, 2020.
MHA issued an addendum to the consolidated guidelines.The 5th addendum exempts from lockdown restrictions the operations of the Fishing (Marine)/Aquaculture Industry, including feeding and maintenance, harvesting, processing etc.
Ministry of Home Affairs (MHA) In-charge-: Amit Shah.
HRD Ministry launched a week long Bharat Padhe Online campaign for crowd sourcing of ideas in New Delhi for improving online education ecosystem .Educators across the country can come forward to contribute with their expertise in the field of education.
Human Resources Development Minister- Ramesh Pokhriyal Nishank.
Minister Dharmendra Pradhan participated in the G20 Extraordinary Energy Ministers’ virtual Meeting.The meeting was attended by Energy Ministers of G20 countries, guest countries and heads of international organizations including OPEC, IEA and IEF.
Meeting chaired by-Saudi Arabia Energy Minister Prince Abdulaziz
Shanti Hiranand Chawla, a well-known classical music singer and Padma Shri recipient passed away. She was very well-known within the area of classical music. Apart from music, Shanti Hiranand additionally earned quite a lot of identify in Ghazal.
She studied music at Begum Akhtar in Thumri, Dadra and Ghazal.
Freedom fighter and veteran Congress leader Ram Krishna Dwivedi passed away.The 88-year-old leader served as minister of state for home in the Congress government in UP. He shot to limelight by defeating then CM TN Singh in Maniram assembly constituency.
He was also a member of Congress Working Committee.
Manushi Chhillar joined hands with the (UNICEF) to raise awareness about the novel coronavirus. She is a part of UNICEF's initiative to make my fellow citizens aware of the tremendous threat that exists if they decide to step outside their homes.
United Nations Children's Fund HQ-New York, United States.
National Safe Motherhood Day is an initiative of the White Ribbon Alliance. The govet. of India declared in 2003 the national safe motherhood day on April 11.On the birth anniversary of Kasturba Gandhi, the national motherhood day is observed every year.
Kasturba Gandhi is wife of Father of Nation, Mahatma Gandhi