Page-2 of Economic Slowdown
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be ..
Month: Current Affairs - April, 2020
United Nations predict India’s GDP at 4.8%
On April 9, 2020, the United Nations released a report on Economic and Social Survey of Asia and Pacific (ESCAP), 2020. Highlights According to the report, the economic growth rate of India stood at 5% in 2019-20. It has forecasted ..
Month: Current Affairs - April, 2020
Extraordinary G20 Trade and Investment Ministerial Meet
On March 31, 2020, the “Extraordinary G20 Trade and Investment Ministerial Virtual Meet” was held through video conferencing. The Union Commerce Minister Piyush Goyal represented India at the meet. Highlights India had called for easy movement of health professionals and ..
Month: Current Affairs - March, 2020
United Nations: India and China likely to stay away from Global Recessions
The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”. Highlights The analysis says that leading exporting countries are to face drop in investments between 2 trillion USD ..
Month: Current Affairs - March, 2020
Corona Virus: UGC reschedules exams; International airlines banned temporarily
On March 19, 2020, the University Grants Commission directed all the affiliated colleges and universities to postpone the ongoing examinations. The evaluation works have also been directed to be rescheduled. The GoI has also ordered other bodies operating under Ministry ..
Month: Current Affairs - March, 2020
Corona Virus: NMDC reduced iron ore prices by 1.5%
On March 16, 2020, the National Mineral Development Corporation announced that the prices of iron ore is to be reduced by 1.5%. The Corporation is taking such measures predicting decline in iron ore demands due to the threats of Corona ..
Month: Current Affairs - March, 2020
World Productivity Congress in India after 45 years of gap
The World Productivity Congress has been conducted by the World Confederation of Productivity Science since 1969. It was last held in India in 1974. The Congress is held under the theme Theme: Industry 4.0-Innovation and Productivity Highlights The 19th World ..
Month: Current Affairs - February, 2020
2019 World Air Quality Report
The 2019 report from Greenpeace and pollution tracker IQAir said that two thirds of the most polluted cities in the world are in India. Is PM2.5, covered in the report, the smallest of polluting particulates? PM2.5 are particulates that have ..