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FM Nirmala Sitharaman unveiled the second tranche of relief measures to help small farmers, migrant workers, small traders and self-employed people under the Atma-Nirbhar Bharat, Self-reliant India campaign. It is expected to benefit 8 cr. migrant workers.
One Nation One Ration Card to be fully operational by Mar 2021.
FM announced Rs 1500 crore interest subvention for MUDRA-Shishu loan payees of up to Rs 50,000, for a period of 12 months as part of the stimulus package given by the Centre. Government to provide interest subvention of 2% for prompt payees of the loan.
This could cost the government at least Rs 1500 crore annually.
To give further impetus to rice exports, Centre has set up a new body, Rice Export Promotion Forum (REPF), under Agricultural and Processed Foods Export Promotion Development Authority (Apeda). Rice is the largest commodity in India’s Agri-export basket.
Chairman of Apeda: Paban K.Borthakur.
Health Minister participated in the 32nd Commonwealth Health Ministers’ Meeting through VC. He highlighted the pro-active measures taken by India towards COVID-19 management. The theme was "Delivering a co-ordinated Commonwealth COVID-19 response".
There are 54 member countries in the commonwealth.
External Affairs Minister S. Jaishankar participated in a virtual conference of Foreign Ministers Shanghai Cooperation Organisation (SCO) hosted by Russia. Member states insisted on the collective action against the terrorism and the security challenges.
Secretary-General of SCO – Vladimir Norov.
The rate of forest loss in 2015-2020 declined to an estimated 10 million hectares (MHA), down from 12 MHA in 2010-2015, according to Global Forest Resources Assessment 2020 (FRA). It was released by the United Nations Food and Agriculture Organization.
World’s total forest area-4.06 bha–31% of the total land area.
Ericsson joined the UNESCO-led Global Education Coalition & launched its latest Connect to Learn initiative, Ericsson Educate a digital program delivering online learning content focused on improving digital skills for students in schools and universities.
UNESCO Headquarters: Paris, France.
Gujarat, the most Industrialised state in India, has set up a six-member committee of experts to deliberate on economic revival measures, including fiscal restructuring, in the post-COVID-19 pandemic scenario and provide comprehensive suggestions.
Committee is headed by former finance secretary, Hasmukh Adhia.
Gujarat announced Atma-Nirbhar Gujarat Sahay Yojana, a scheme for small shop keepers and self-employed hit by the lockdown. Under the scheme, one lakh rupees collateral-free loan will be given at two per cent for the beneficiaries for three years.
Over 10 lakh self-employed & shop keepers to be benefited.
The West Bengal government launched Matir Smristi scheme to utilise 50,000 acres of barren land in six districts for income-generating activities like horticulture and pisciculture. The scheme will benefit around 2.5 lakh people in rural Bengal.
Governor of West Bengal: Jagdeep Dhankhar.
Exporters get the subsidy under the 'Interest Equalisation Scheme for pre and Post Shipment Rupee Export Credit’, a scheme announced in November 2018 & this applies to all exports to the MSME sector. It has been extended till March 31, 2021.
Federation of Indian Export Organisations (FIEO) DG–Ajay Sahai.
In the World Economic Situation and Prospects released by UN, it had slashed India’s projected growth rate to 1.2% in 2020 and forecast that the global economy will contract sharply by 3.2% unleashing a recession unseen since the Great Depression of 1930s.
UN Secretary-General: Antonio Guterres.
SAMARTH is an Open Standard Open Source Architecture, Secure, Scalable and Evolutionary Process Automation Engine for Universities and Higher Educational Institutions. It caters to faculty, students and staff at University/Higher Educational Institutions.
SAMARTH has now been implemented at NIT, Kurukshetra in Haryana.
MoneyGram Payment Systems has tied up with Federal Bank to offer a cost-effective direct-to-bank account credit option for customers. Through this partnership, customers can receive deposits directly in their bank accounts without leaving their homes.
Federal Bank has over 15% share of country’s remittance market.
Lieutenant commander Akshay Kumar of Anti-Submarine Warfare School of Southern Naval Command (SNC) at Kochi was awarded the coveted Vice Admiral GM Hiranandani Memorial Rolling Award for the year 2020. The trophy was instituted in the year 2013.
Chief of the Indian Naval Staff – Admiral Karambir Singh.
The Head of the World Trade Organization (WTO) Roberto Azevedo, a former diplomat from Brazil, has decided to resign, a year before his term expires. He has been the Director-General of WTO since September 2013 and will step down on August 31st.
WTO’s function is to help negotiate multilateral trade deals.
Kerala Tourism launched an online platform to enable non-residents Keralites to book vehicles of tour operators to travel back to the state. Keralites stranded in other parts of the country can submit enquiries through the department's website.
Kerala CM: Pinarayi Vijayan. Governor: Arif Mohammad Khan.
China’s Tencent launched VooV Meeting, a Zoom-like video conferencing platform with advanced features across Apple App Store and Google Play in more than 100 countries. The app allows attendees a duration per meeting of 9999 minutes without any charges.
The platform supports up to 25 attendees at a time.
The Japan Sumo Association (JSA) confirmed the death of wrestler as Shobushi, whose real name was Kiyotaka Suetake. He is reported to have been the first sumo wrestler to die from the virus, and the first person in his 20s to die in Japan from Covid-19.
Japan Sumo Association (JSA) chairman: Hakkaku.
The International Day of Families provides an opportunity to promote awareness of issues relating to families and to increase the knowledge of the social, economic processes affecting families. Theme -"Families in Development: Copenhagen & Beijing + 25".
UN Secretary General - Antonio Guterres.
Intel introduced its 10th Gen Intel Core vPro processors as part of the next Gen lineup of business computing innovation- for the increasingly remote workforce.Launch includes 9 Intel Core mobile,11 Intel Core desktop & 7 Intel Xeon workstation processors.
Intel CEO : Bob Swan.
Apple Inc. has acquired virtual-reality streaming company NextVR Inc., a signal of the tech giant’s continued ambitions in virtual- and augmented-reality technologies. Acquisition was expected to come in at around $100 million.
Apple CEO: Tim Cook.
Endangered Species Day is an opportunity for people of all ages to celebrate and learn about endangered species and how to protect them. Due to the global coronavirus crisis.
It is observed on third Friday of May annually.
