Current Affairs Quiz - June, 2020

Notes:
As per the data from the Controller General of Accounts (CGA), India’s fiscal deficit was 4.59% of gross domestic product (GDP) for the year 2019-20. Fiscal Deficit is the gap between the government’s revenue and expenditure
The government’s revised target for its fiscal deficit was 3.8%, and the real deficit has exceeded it. However, the budget estimate was 3.5% of GDP. The Union Finance Minister invoked the escape clause in the Fiscal Responsibility and Budget Management Act to peg the deficit 0.5% higher than the Budget estimate.

Notes:
The Chief Minister of Kerala Pinarayi Vijayan has announced that Kerala Fibre Optic Network (K-FON) project would be launched by December 2020.
The objective of the Rs 1,500 crore scheme is to provide free internet access to the poor and at affordable rates to others. It is being implemented by Kerala State IT Infrastructure Limited and Kerala State Electricity Board. Using the KSEB posts, optical fibre cables are being laid across the state.

Notes:
As per the recent announcement from the Food and Consumer Affairs Ministry, three more States namely Odisha, Sikkim and Mizoram have recently joined the ‘One Nation-One Ration Card’ scheme.
This addition has taken the total number of states and union territories that have joined the scheme to 20. In the three states, the necessary infrastructure work for joining the scheme including upgradation of electronic Point of Sale (e-PoS) software have been completed.

Notes:
Paramparagat Krishi Vikas Yojana (PKVY) was launched by the Agriculture Ministry under National Mission of Sustainable Agriculture (NMSA) in 2015. It was launched with an aim to promote organic farming among small and marginal farmers.
Recently, the NITI Aayog organised an online High-level Roundtable, which was attended by several national and international experts and policy makers. It aims to boost agroecological and natural farming practices in India. The Agriculture Minister said that PKVY covered 7 lakh hectares and 8 lakh farmers.

Notes:
The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare. Based on the recommendation of CACP, the Union Cabinet fixes the minimum support price (MSP).
Recently, the government raised the minimum support price (MSP) of paddy marginally by Rs 53 per quintal to Rs 1,868 per quintal for the 2020-21 crop year. It also hiked the rates for oilseeds, pulses cereals and commercial crops. This is expected to give 50-83 per cent higher return over the cost of production to farmers.

Notes:
During April, the state of Punjab launched an operation to contain the outbreak of Coronavirus (Covid-19) named ‘Mission Fateh’.
Recently, the Chief Minister of Punjab Amarinder Singh has launched a month-long drive to spread awareness about COVID-19 pandemic under Mission Fateh. This campaign will expand the coverage of the original mission beyond the frontline workers to include all general public of the state in fighting the crisis. Various awareness programmes are to be held across the state.

Notes:
The Ministry of Skill Development & Entrepreneurship, the Ministry of Civil Aviation and the Ministry of External Affairs have jointly launched a new initiative named SWADES.
SWADES stands for Skilled Workers Arrival Database for Employment Support. Since many Indian citizens are returning under Vande Bharat Mission, this scheme aims to conduct a skill mapping exercise of the qualified people. The information will be shared with the companies for suitable job opportunities in the country.

Notes:
Leading Private sector bank of India, Axis Bank has recently partnered with Mastercard India and payment service provider, Worldline India to launch a digital point-of-sale solution named as ‘Soft POS’.
The solution aims to assist offline merchants and local kirana stores in accepting payments using their smartphones, through several digital form factors including Bharat QR, sending payment links to customers etc. It can accept NFC-based payments to boost contactless payments in the country and features like e-Khata for reconciliations.

Notes:
Union Minister for Human Resources and MoS Housing & Urban Affairs jointly launched TULIP, an Internship Program with Urban Local Bodies across the country.
The initiative TULIP, which stands for `The Urban Learning Internship Program (TULIP)’, provides internship opportunities to fresh graduates in all Urban Local Bodies (ULBs) and Smart Cities across the country. It was initially announced in the Union Budget 2020-21 under the theme ‘Aspirational India’.

Notes:
The Ministry of Statistics and Programme Implementation has recently released its annual Periodic Labour Force Survey (PLFS).
As per the PLFS report, the unemployment rate of India during July 2018- June 2019 fell to 5.8%, as compared to 6.1% rate recorded during the same period of 2017-18. The report also said that the labour force participation rate rose to 37.5% from 36.9%; the worker population ratio increased to 35.3% as against 34.7%; female participation rate improved to 18.6% in 2018-19 from 17.5%.