1. National Affairs
GoI works on centre’s ‘Jaan Bhi, Jahan Bhi’ formula
Prime Minister has emphasised on the ‘Jaan Bhi, Jahan Bhi’ formula.
This means that while physical distancing norms will be followed, some relaxations would be made to revive economic activities.
2. Economy
GMR to develop, operate Bhogapuram International Airport in Andhra Pradesh
GMR has received a Letter of Award” (LoA) for the development and operations of Bhogapuram International Airport in Andhra Pradesh.
Its subsidiary GMR Airports Limited will be taking over the project.
3. Economy
World Bank: India is expected to grow at 1.5% to 2.8%
According to World Bank report “South Asia Economic Focus”, India is expected to grow at 1.5-2.8%
Suggestions by World Bank:
1) Focus on food provision
2) Temporary job programs
3) Measures to prevent bankruptcies in SMEs
Quick facts : David Malpass is the president of World Bank Group
4. Person in News
Raghuram Rajan named in IMF External Advisory Group selection
Managing Director of International Monetary Fund (IMF), Kristalina Georgieva has formed an external advisory group.
Former RBI governor Raghuram Rajan has also been named as one of the members.
Quick facts : The headquarters of International Monetary Fund (IMF) is Washington DC
5.Miscellaneous
Ahmedabad station becomes 1st station to get sanitizing tunnel
Ahmedabad railway station at Kalupur is the 1st station to install a “Walk Through Mass Sanitizing Tunnel
The 20 feet long tunnel has a sensor that initiates automatic fogging with WHO-approved sanitizer.
Quick facts: WHO-approved has approved a liquid sanitizer containing a mixture of IPA and hydrogen peroxide
6.National Affairs
Centre plans to set up ‘Suraksha Stores’ to meet daily needs
A chain of 20 lakh retail shops called ‘Suraksha Stores’ will be set up in India
These stores will provide daily essentials while maintaining stringent safety norms
7.National Affairs
Food Bank initative in Manipur
A new initiative called ‘Food Bank’ has been introduced by Imphal East District Administration.
It will provide immediate aid in the form of free essential food to those in need
8.Miscellaneous
Prasar Bharti launches DD Retro
Centre has directed all DTH platforms and cable operators to show all DD channels.
Prasar Bharti has launched a DD Retro specifically dedicated to old classics like Shaktimaan, Dekh Bhai Dekh.