India attends New Development Bank Governors meet

On May 27, 2020, Finance Minister Nirmala Sitaraman attended the Special Board of Governors meet of New Development bank through video conference. Highlights The leaders that attended the meet elected the president, vice president of new development bank. The bank has so far approved 16.6 billion USD to over 55 projects in its member countries. ..

Month: Current Affairs - May, 2020

Category: International Current Affairs

Topics: BRICS • BRICS Bank • BRICS Banks • COVID-19 • COVID-19 Emergency Funds • New Development Bank • nirmala sitaraman • video conference

E-Conclave for Defence MSMEs held

On May 21, 2020, the Union Defence Minister Rajnath Singh chaired the E-Conclave of Defence MSME (Micro Small and Medium Enterprises). Highlights The E-conclave was organized by CII (Confederation of Indian Industry), SIDM (Society of Indian Defence Manufacturers) and Department of Defence Production. Around 800 Defence MSMEs participated in the conclave that was held through ..

Month: Current Affairs - May, 2020

Category: Defence Current Affairs

Topics: Atma Nirbhar Bharat Abhiyan • CII • Hal • Indian Air Force (IAF) • Indigenisation • Make in India • MSME • SIDM • video conference • World War II

India attends NAM Health Minister meet

On May 20, 2020, Union Health Minister Harsh Vardhan attended Non-Aligned Movement (NAM) through video conference. Highlights The NAM summit was chaired by the Health Minister of Azerbaijan Ogtay Shiraliyev. India at the summit, highlighted its contribution such as medical supplies to over 123 countries. This includes 59 NAM countries as well. The minister at ..

Month: Current Affairs - May, 2020

Category: International Current Affairs

Topics: Cold War • colonial rule • COVID-19 • Harsh Vardhan • Imperial Era • NAM summit • Racism • US-Russia • video conference

India attends second G20 Virtual Trade and Investment Ministers Meet

The Union Minister Shri Piyush Goyal represented India at the second G20 Virtual Trade and Investment Ministers Meeting through video conferencing. Highlights The video conferencing was hosted by the current chair of G20 grouping, Saudi Arabia. Since April 2020, Saudi Arabia has hosted a series of such virtual summits to discuss COVID-19 threats, containment measures ..

Month: Current Affairs - May, 2020

Category: International Current Affairs

Topics: G20 • G20 Ministerial Meeting • G20 Ministerial meeting on Trade and Digital Economy • G20 Presidency • G20 summit • international grouping • Piyush Goyal • video conference

Ministry of MSME launches “Champions Portal”

On May 12, 2020, the Ministry of MSME (Micro Small and Medium Enterprises) launches Champions Portal. The portal acts as a technology driven control room cum management information system. Highlights The portal aims at creating modern ICT tools to assist Indian MSMEs. Champions stand for Creation and Harmonious Application of Modern Processes. It aims to ..

Month: Current Affairs - May, 2020

Category: India Nation & States Current Affairs

Topics: Artificial Intelligence (AI) • CPGRAMS • DARPG • ICT • Machine learning • MSME • National Informatics Centre (NIC) • Portal • video conference