Current Affairs Quiz - May, 2020

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The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of sustainable and universally accessible tourism. Its headquarters is located at Madrid, Spain.

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As per the Lancet report titled ‘India State-Level Disease Burden Initiative’, 68% of the under-five deaths in India are caused due to child and maternal malnutrition.
The report has the first comprehensive estimates of district-level trends of child mortality in India since 2000. It also highlighted that 83% of the neonatal deaths were due to low birth weight and short gestation. Though the child mortality has improved across the country from 2000 to 2017, inequalities among the districts have also raised.

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The Sports Authority of India (SAI) has formed a six-member committee to prepare a Standard Operating Procedure (SOP) for resuming the training of sportspersons across several disciplines, after the lock-down would be lifted.
The Secretary of Sports Authority of India (SAI) Rohit Bharadwaj will head the panel. It will also include preventive measures to be observed by all stakeholders, including trainees, coaches and staff. The recommendations will be sent to the Sports Ministry for approval.

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The Union Finance Minister announced the details of the Atma Nirbhar Bharat Yojana package launched by the Prime Minister.
One of the features was the global tenders being disallowed in government procurement up to Rs 200 crore. This would reduce unfair foreign competition for MSMEs and support the ‘Make in India’ initiative. She also announced Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs.

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The Union Minister announced ₹90,000 crore one-time liquidity injection for fund-starved DISCOMs. This will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators.
PSUs Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will infuse the liquidity by raising an amount of about ₹90,000 crore from the market against the receivables of DISCOMs. The state governments are expected to provide a guarantee for the fund.

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Union Finance Minister Nirmala Sitharaman recently proposed Rs 50,000 crore of liquidity by reducing the TDS and TCS rates for certain payments including interest, dividend, rent payments and other payments by non-individuals.
The rates of Tax Deduction at Source (TDS) for non-salaried payments made to residents and rates of Tax Collection at Source (TCS) for receipts will be reduced by 25 per cent of the existing rates. This reduction in rates will be effective from 14.05.2020 to 31.03.2021.

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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.

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According to the latest Transparency Report released by Facebook, government requests for user data increased by 9.5% during the second half of 2019. United States topped the list with 51,121 requests for user data. It is followed by India and UK.
The report also revealed that India topped the list for internet disruption affecting Facebook services during both the first and second half of 2019, accounting for 40 disruptions. Also, the number of user data requests from the Indian government to Facebook increased 28% during the second half of 2019.

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Ecowrap is the research report of India’s largest lender State Bank of India. Recently, SBI released its latest Ecowrap report.
It has revised the baseline fiscal deficit to 7.9 per cent of the revised GDP in FY21, which is more than double to its previous estimate. The report had earlier estimated the fiscal deficit as 3.5 % of GDP. The reason for the revision is due to the lower revenues and higher expenditure against the backdrop of Covid-19 pandemic.

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A patent was filed by the Defence Ministry in association with the National Research Development Corporation (NRDC) for the low cost personal protective equipment (PPE) developed by the Indian Navy.
The Defence Ministry has successfully patented PPEs, which would fast-track mass production of PPEs. The equipment developed by the Navy is made of a special fabric which provides high quality and high breathability, unlike other PPEs available in the market. A pilot batch of PPEs has already been produced at Naval Dockyard in Mumbai.