Current Affairs Quiz - May, 2020

Notes:
Recently, the Geographical Indication (GI) tag has been provided to Jharkhand’s Sohrai Khovar painting and Telangana’s Telia Rumal handloom cloth.
The painting is a traditional art that is created by tribal women with locally available soils of different colours. It is predominantly done in Hazaribagh district of Jharkhand. Telia Rumal cloth has intricate handmade work with cotton loom, with designs in red, black and white colours. Thanjavur Netti (pith) works that uses Aeschynomene aspera plant and Arumbavur Wood Carving also got G.I tag from Tamil Nadu.

Notes:
The Food and Agriculture Organization (FAO), a specialised agency of the United States has recently released a report titled ‘Global Forest Resources Assessment 2020 (FRA 2020)’. The report examines the status of 236 countries in the period 1990-2020.
The report highlighted that the forest area has declined all across the world in the past three decades. The rate of forest loss in 2015-2020 declined to an estimated 10 million hectares, down from 12 million hectares in 2010-2015. The report also revealed that the world lost 178 mha of forest since 1990, which is the size of Libya.

Notes:
The Khadi and Village Industries Commission (KVIC), a statutory organization under the Ministry of MSME is the implementing agency of ‘Prime Minister Employment Generation Programme (PMEGP).
After the Prime Minister announced to support the local products, KVIC announced a set of guidelines to fast-track the implementation of projects under the flagship program PMEGP. The concerned agencies will have to scrutinize the applications and forward it to banks within 26 days. It was also instructed to bring down the time frame to 15 days.

Notes:
As a part of the economic stimulus package, the Government has revised the definition of Micro, Small and Medium Enterprises (MSMEs). The revised guidelines introduced a new criterion called ‘Annual turnover’.
For micro enterprises, the classification covers up to Rs 1 crore in investment and Rs 5 crore in turnover. Earlier, it was investment of 25 lakh in manufacturing and 10 lakh in services. 10 Crore investment and 50 Crore turnover is the criteria for Small enterprises and 20 Crore investment and 100 Crore turnover is the criteria for Medium enterprises.

Notes:
Union Commerce and Industry Minister Piyush Goyal participated in the G-20 Virtual Trade and Investment Ministers Meeting through Video-conferencing.
The Minister also said in the meeting that India has provided medical supplies to over 120 countries to fight the coronavirus pandemic, out of which 43 countries received them as a grant. He also highlighted that India has been sharing the medical and public health capacity with them via digital technologies.

Notes:
Veteran educationist and litterateur Anisuzzaman, who was also the national Professor of Bangladesh, passed away recently at the age of 83.
He was born in Kolkata and later moved to Bangladesh shortly after the partition of India. He had contributed significantly for the Bangla literature. He also played a crucial role in all democratic movements including the Language Movement of 1952 to Liberation War in 1972 etc. He was awarded Padma Bhushan by India in 2014.

Notes:
The state of Gujarat is set to implement sensor-based service delivery monitoring system for rural drinking water under the Jal Jeevan Mission (JJM).
It has already implemented a pilot project in two districts of the state to monitor whether potable water in prescribed quantity and quality is provided to every rural household regularly. The state has planned to provide 11.15 lakh household tap connections in the rural areas during 2020-21.

Notes:
In the economic stimulus package, the Finance Minister proposed an ‘Agriculture Infrastructure Fund’, which will be created immediately with an outlay of Rs. 1 lakh crore.
The fund aims to address the lack of adequate cold chain and Post-Harvest Management infrastructure. Financial assistance will be provided for funding Agriculture Infrastructure Projects at farm-gate and aggregation points including Primary Agricultural Cooperative Societies (PACS), Farmers Producer Organisations (FPO), Agriculture entrepreneurs, Start-ups, etc.

Notes:
The Social-media giant Facebook has recently acquired the popular GIF-making and sharing website GIPHY. Facebook is also planning to integrate its GIF library Instagram, its photo-sharing app.
GIPHY, one of the most popular GIF-making and sharing sites on the internet, allows users to create, share and remix GIFs. Several platforms including Apple, Twitter, Pinterest and Reddit use Giphy’s API for providing GIFs.

Notes:
The nation-wide electronic agriculture trading portal, e-NAM has recently reached milestone of 1000 mandis (markets) across 18 states and three union territories.
e-NAM was launched in 2016, with the objective of connecting the existing mandis on a common online market platform for agricultural produce in the country. With the recent addition of 38 mandis, it has reached the milestone of 1000 mandis, for which May 15 was fixed as the deadline. Amid the lock-down, trade through e-NAM reduces human intervention in the process.