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Thursday, March 26, 2020

Daily GK Updates - 26th March, 2020


NATIONAL UPDATES:

1. FM Nirmala Sitharaman announced Economic relief package during Lockdown: The Union Finance Minister Smt. Niramla Sitharaman on March 26, 2020 has announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus. Important announcements are:
(1) Insurance Related: Any health professional, who while treating Covid-19 patients, meet with some accident, then he/she would be compensated with an amount of Rs 50 lakh under the scheme; (2) PM Garib Kalyan Ann (अन्न) Yojana: 80 crore individuals who have been covered under the scheme will be provided double of their current entitlement over next three months. 5 kg wheat or rice and 1 kg of preferred pulses for free every month for the next three months.
Benefit to farmers: The first installment of Rs 2,000 due in 2020-21 will be front-loaded and paid in April 2020 itself under the PM KISAN Yojana; (3) Cash transfers Under PM Garib Kalyan Yojana: A total of 20.40 crores PMJDY women account-holders would be given an ex-gratia of Rs 500 per month for next three months; (4) Gas cylinders: Under PM Garib Kalyan Yojana, 3 gas cylinders, free of cost, would be provided to 8 crore poor families for the next three months; (5) Help to low wage earners in organised sectors: For Wage-earners below Rs 15,000 per month in businesses having less than 100 workers, government proposes to pay 24 percent of their monthly wages into their PF accounts for next three months; (6) Support for senior citizens (above 60 years), widows and Divyang: Government will give them Rs 1,000 to tide over difficulties during next three months; (7) MNREGA: Under PM Garib Kalyan Yojana, MNREGA wages would be increased by Rs 20 with effect from 1 April, 2020. (To Rs 202 a day from Rs 182); (8) Self-Help groups: Limit of collateral free lending would be increased from Rs 10 to Rs 20 lakhs; (9) Employees’ Provident Fund Regulations will be amended to include Pandemic as the reason to allow non-refundable advance of 75 percent of the amount or three months of the wages, whichever is lower, from their accounts.

2. Odisha CM Launches Mo Jiban Programme to Urge People to Pledge to Stay Indoors & Keep Coronavirus At Bay: Odisha Chief Minister Naveen Patnaik has launched state-wide ‘Mo Jiban’ (My Life) programme to fight Coronavirus. Under the ‘Mo Jiban’ programme, people are requested to take a pledge to stay at home during this period of crisis. The Chief Minister has asked the people to take an oath in name of their children and parents that they will not be the reason of danger for their family and community, and thus stay indoors. The chief minister has also asked people to send him videos of them taking oaths.
Note: Governor of Odisha: Ganeshi Lal.

3. Delhi Government Launches Rs 20 Crore Women Safety Scheme for Triggering Behavioral Change: The Delhi government led by Arvind Kejriwal has announced a new scheme ‘Behavioural Change for Safety of the Women’ for awareness campaign to trigger behavioral change in the society and make Delhi safer for women. The scheme has been launched with an outlay of Rs 20 crore in 2020-21. The government has also proposed Mukhyamantri Divyangjan Punravas Sewa Yojana, with an outlay of Rs 10 crore, to provide immediate treatment in cases of accident, stroke or any other ailment, and accident causing permanent or partial disabilities.

4. Government bans export of hydroxycloroquine amid COVID-19 outbreak:  Government of India has banned the export of anti-malarial drug Hydroxychloroquine and the formulations made up of it within the wake of COVID-19 outbreak. The government’s decision aims to ensure sufficient availability of drugs within the domestic market. The utilization of hydroxychloroquine has been recommended by the Indian Council of Medical Research for the treatment of healthcare workers who are handling suspected or confirmed coronavirus cases and also the asymptomatic household contacts of the lab-confirmed cases. This has been approved by the Drug Controller General of India (DGCI) for restricted use in emergency situations.
Note: Director-General of ICMR: Balram Bhargava; Headquarters of ICMR: New Delhi.

5. Health Ministry takes indelible ink from EC to stamp people for home quarantine: Election Commission of India has permit the use of indelible ink on persons for stamping for home quarantine by health authorities insight of COVID-19. The Health Ministry may standardise the mark and also the location of the mark on the body where the mark has got to be applied in the order that it doesn’t are available the way of conducting elections. The authorities shall even be instructed to make sure that the ink shall not be used for the other purpose. The concerned authorities are going to be instructed to not use the ink on any finger on the left hand of any person. The choice has been taken in public interest keeping in sight the demand from states to use an indelible marker on quarantined individuals.
Note: Chief Election Commissioner of India: Sunil Arora.

6. Senior Journalist Chander Suta Dogra Pens Book ‘Missing in Action: The Prisoners Who Never Came Back’: Chander Suta Dogra, a senior Indian journalist has come up with her meticulously-researched new book titled ‘Missing in Action: The Prisoners Who Never Came Back’. The book is a story of India’s soldiers who went missing during the 1965 and 1971 Indo-Pak wars. They are called “the missing 54” Indian soldiers, who have been forgotten in the fog of past wars with Pakistan. With the help of the book, the author tries to answer the key question: ‘what happened to these men?’.
Note: Chander Suta Dogra is a journalist and author and has worked for various publications, including Outlook, Indian Express, Hindu and Hindustan Times.

7. AIIMS to launch Tele-Consultation facility: All India Institute of Medical Sciences, New Delhi will start Tele-Consultation facility for the non-Covid19 patients. The decision to start Tele-Consultation facility has been taken by AIIMS for its follow-up patients. Those patients whose appointments are now cancelled due to lockdown as well as the chronic patients can consult doctors via this facility. Telemedicine can be used without exposing staff to viruses/infections in the times of such outbreaks. AIIMS has also developed a plan for hospital in-patient care service amid coronavirus virus crisis.
Note: Director of All India Institute Of Medical Sciences, New Delhi: Dr Randeep Guleria.

8. NBT launches initiative #StayHomeIndiaWithBooks: The National Book Trust, India has launched initiative #StayHomeIndiaWithBooks to encourage people to read books during their stay at home. This initiative has been launched as a preventive measure to contain the spread of Covid-19 and to encourage people to #StayIn and #StayHome. Through this initiative, NBT is providing people its select and best selling titles for FREE Download. These books are available in various languages including Hindi, English, Odia, Marathi, Bodo, Nepali etc covering various genres such as fiction, biography, popular science and many more.
Note: Chairman of National Book Trust: Govind Prasad Sharma; Established: 1957.

INTERNATIONAL UPDATES:

1. IMF launches Tracker of Govt. Policies in Response to COVID-19: The International Monetary Fund has launched a “Tracker of Policies Governments are Taking in Response to COVID-19” which outlines the key economic responses taken by the government of various countries in order to contain the COVID-19 pandemic. The policy tracker brings into focus the discretionary measures that supplement existing social safety nets and insurance mechanisms. The policy tracker covers the responses on the basis of three pillars, namely: Fiscal; Monetary and Macro-Financial and Exchange Rate And Balance Of Payments.
Note: Managing Director of IMF: Kristalina Georgieva.

2. CDC Launches Coronavirus Self-Checker Chatbot Called ‘Clara’: The U.S. Centers for Disease Control and Prevention (CDC) has introduced an AI chatbot called Clara, to talk to the people about the symptoms of COVID-19, and whether or not they should seek medical assistance. Clara, the “coronavirus self-checker”, is intended for use by people currently in the United States. CDC has created Clara in partnership with CDC Foundation and Microsoft Azure’s Healthcare Bot service. Clara will assess symptoms and risk factors for people who are concerned they might get infected, suggest what action they should take, and provide information for how to safely manage at home.
Note: Chief Executive Officer of Microsoft: Satya Nadella; Microsoft Founded: April 4, 1975; Headquarters of Microsoft: Washington, United States.

OTHER UPDATES:

BANKING AND FINANCE

1. Indian Bank announced additional funding facility for MSME: State-run Indian Bank has announced an additional funding facility for MSME, retail customers, pensioners and self-help groups (SHGs) in the wake of COVID 19. IND-COVID Emergency Credit Line will provide additional funding of up to 10% of the working capital limits with a maximum limit of Rs 100 crore. The loan tenor will be for 36 months with an initial moratorium of up to 6 months and would carry fixed interest rate of 1-yr Marginal Cost of Funds based Lending Rate.

2. Cabinet approves recapitalization of RRBs: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for continuation of the process of recapitalization of Regional Rural Banks (RRBs) to maintain minimum Capital to Risk weighted Assets Ratio (CRAR) of 9%, as per the regulatory norms prescribed by the Reserve Bank of India. The CCEA also approved utilization of Rs.670 crore as central government share for the scheme of Recapitalization of RRBs.

3. Romesh Sobti Retires as MD & CEO of IndusInd Bank: The long term managing director (MD) and chief executive (CEO) of the private sector lender IndusInd Bank, Romesh Sobti, retired on 23 March 2020 as he turned 70. Sobti took over the position of MD and CEO of the bank on February 1, 2008, serving the position for 12 years. Further, IndusInd Bank has appointed Sumant Kathpalia as the new Managing Director and CEO with effect from 24 March 2020 for a period of three years.

4. SBI Commits 0.25% of FY21 annual profit to help fight COVID-19: India’s biggest lender State Bank of India (SBI) has announced to provide 0.25 percent of its annual profit for 2020-21 to fight the coronavirus outbreak in India. This is in line with the Ministry of Corporate Affairs’ notification, for spending CSR funds by companies to deal with the coronavirus outbreak as corporate social responsibility (CSR) activity under the companies law.

AWARDS AND HONOURS

1. Zoya Akhter honoured with IIFTC Tourism Impact Award 2020: Asia’s largest film tourism event, 8th India International Film Tourism Conclave (IIFTC) was held in Mumbai. Veteran filmmaker Zoya Akhter has been honoured with IIFTC Tourism Impact Award 2020 for her outstanding contribution to the world tourism through her cinema. IIFTC is Asia’s largest locations show presenting a credible platform for film commissions, tourism offices and production service companies from around the world to showcase their locations, incentives and services to the Indian film industry.

OBITUARIES

1. “Asterix and Obelix” co-creator Albert Uderzo passes away: The co-creator of the “Asterix and Obelix” comics, Albert Uderzo passed away. He produced Asterix in 1959 along with the fellow Frenchman and writer Rene Goscinny. “Asterix and Obelix” entertained its audience over the past 60 years. “Asterix the Gaul” was the first Asterix book that was launched in 1961 and became an overnight sensation.

2. Yesteryear Bollywood Star Nimmi Passes Away: Veteran actress of Hindi Cinema, Nawab Banoo, known by her screen name as ‘Nimmi’, passed away after prolonged illness. She was 88. The doe-eyed star, was famous for her 1950s and ’60s Hindi movies such as “Aan”, “Barsaat” and “Deedar”.  Her last movie was ‘Love and God’.

3. Former Indian footballer Abdul Latif passes away: Former India midfield footballer and 1970 Asian Games bronze medallist, Abdul Latif (73 years) passes away. He had represented India in an Asia Cup Qualifier in 1968 in Myanmar and Merdeka Cup in 1969 in Kuala Lumpur. He was the part of the last national football team that had a podium finish at the continental games. Latif represented Mohammedan Sporting from 1963-1967 and later took over as coach.

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