RBI releases revised Priority Sector Lending(PSL) guidelines

News: Reserve Bank of India(RBI) has released revised priority sector lending (PSL) guidelines to augment funding for COVID-19 impacted companies. Facts: Aim: To align Priority Sector lending with emerging national priorities and bring sharper focus on inclusive development. Key Revised PSL Guidelines: Bank finance for start-ups (up to ₹50 crore), loans to farmers for installation… Continue reading RBI releases revised Priority Sector Lending(PSL) guidelines

Togo first in Africa to end sleeping sickness

News: The World Health Organization(WHO) has declared that Togo has become the first country in Africa to eliminate human African Trypanosomiasis or sleeping sickness. Facts: Sleeping Sickness or Human African trypanosomiasis: It is a vector-borne parasitic disease.  Caused by: It is caused by infection with protozoan parasites belonging to the genus Trypanosoma.  Transmission: They are… Continue reading Togo first in Africa to end sleeping sickness

What is Novichok, the poison Germany says was used on Alexei Navalny?

News: German government has said that Russia’s opposition leader, Alexei Navalny has been poisoned with a Novichok nerve agent. Facts: Novichok: The name Novichok means “newcomer” in Russian and applies to a group of advanced nerve agents developed by the Soviet Union in the 1970s and 1980s. How was it developed? Novichok was developed under… Continue reading What is Novichok, the poison Germany says was used on Alexei Navalny?

India Attends Key Meeting Of BIMSTEC

News: India has attended a Senior Officials Meeting(SOM) of BIMSTEC under the chairmanship of Sri Lanka to discuss ways to deepen cooperation among the member nations and holding of the next summit of the grouping. Facts: Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC): It is a regional organization founded in 1997… Continue reading India Attends Key Meeting Of BIMSTEC

US-India 2020 Summit

News: Indian Prime minister has delivered a special keynote address at the US-India 2020 Summit. Facts: US-India 2020 Summit: The summit was organized by the US India Strategic and Partnership Forum(USISPF). Aim: To focus on key areas of India-US bilateral cooperation including strategic energy ties, trade and investment, healthcare, collaboration in fintech, technology and India’s… Continue reading US-India 2020 Summit

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