Public Sector Banks announce new loans

Public sector banks (PSBs) have announced support measures and launch of new loan products to mitigate economic impact of Covid-19 pandemic. What are those announcements? PSBs would provide unsecured loans of up to 5 lakh rupees to individuals. Loan can ..

Month: Current Affairs - May, 2021

Government to discontinue Central Allocation of Remdesivir

According to Minister of State for Chemicals and Fertilizers, Shri Mansukh Mandaviya, government has decided to discontinue Central Allocation of Remdesivir to States and directed National Pharmaceuticals Pricing Agency to monitor availability of Remdesivir in India. Highlights Minister highlights, production ..

Month: Current Affairs - May, 2021

India- US discuss Vaccine Partnership

External Affairs Minister, S Jaishankar and US Secretary of State Antony Blinken held a meeting in Washington on May 28, 2021. Highlights Both of them held a productive discussion on various aspects of bilateral cooperation and regional & global issues. ..

Month: Current Affairs - May, 2021

India supports calls on probe into Covid Origin

India extends its support to renewed global calls for comprehensive investigation into origins of Covid-19 by World Health Organisation. Background India extended support after US President asked US intelligence agencies to find how coronavirus emerged in China. Demands were raised ..

Month: Current Affairs - May, 2021

Govt to support Public Sector Companies for Vaccine Production

Union Government has decided to support some public sector companies with grants under the Mission COVID Suraksha to boost covid-19 vaccine production. Key Points Among the companies, one is Hyderabad based Indian Immunological limited (IIL), a facility under PSU named ..

Month: Current Affairs - May, 2021

‘Dharavi Model’ of COVID-19 Management

Dharavi is a slum in Mumbai that reported some 99 COVID-19 cases every day in April 2021. But, in last some days, number of cases is declining gradually. According to officials, ‘Dharavi model’ of COVID-19 management and vaccination drive have helped in containing second ..

Month: Current Affairs - May, 2021

IIT Mandi reveals Key Protein Structure in Covid-19 Virus

Part of structure of a key protein in COVID-19 virus was revealed by researchers from Indian Institute of Technology, Mandi. How this study is significant? Covid-19 protein structure will help in understanding mode of action & its role in spread ..

Month: Current Affairs - May, 2021

IMF warns for ‘Ricochet Impact’

According to International Monetary Fund (IMF), Emerging-market nations’ struggle to move out of covid-19 pandemic-induced economic crisis can hurt developed nations. It said, crisis has “Ricochet impact” on the developed and advanced economies. Highlights IMF suggests that, developed nations should ..

Month: Current Affairs - May, 2021