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Important Current Affairs 13th May 2020

National

Prime Minister announces Economic Package of Rs 20 Lakh Crore

• Prime Minister of India Narendra Modi addressed his countrymen and announced an Economic Package of Rs 20 Lakh crore, giving stress on land, labour, liquidity and law.

• Details of the Economic Package will be revealed very shortly by the Ministry of Finance. This package will intend to support farmers, labourers, fishermen, migrants and the industry of the country.

• The Prime Minister announced 5 pillars of a self-reliant India, which will lead the world into the 21st century:

•  Economy that will bring quantum jump, not just incremental change.

•  Infrastructure that becomes a symbol of modern India.

•  System which is technology-driven and fulfill the dreams of the 21st century and is not based on the policy of the past century.

•  Demography which is our strength and source of energy for self-reliant India.

•  Demand: Cycle of Supply and Demand to boost economy and provide the power to harness its full potential.

MSME Ministry launches CHAMPIONS Portal

•  The Ministry of MSMEs launched the CHAMPIONS portal (www.Champions.gov.in) on May 12, 2020 to assist Indian MSMEs to become national and global champions.

•  The Champions portal is a technology-driven Control Room-Cum-Management Information System. The name Champion stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

•  The technology is fully integrated on a real-time basis with GOI’s main grievances portal CPGRAMS and MSME Ministry’s own other web-based mechanisms. It is based on modern ICT tools.

SwasthVayu: Non-invasive ventilator developed by CSIR-NAL

• A Non Invasive BiPAP Ventilator “SwasthVayu” has been developed by CSIR-National Aerospace Laboratories, Bangalore. The unique features of the Non Invasive BiPAP Ventilator “SwasthVayu” helps to alleviate the fear of the virus spread.

• The ventilator is basically a microcontroller-based precise closed-loop adaptive control system. It has a built-in biocompatible manifold and coupler that is 3D printed, along with HEPA filter (Highly Efficient Particulate Air Filter).

Banking and Economy

Morgan Stanley projects India GDP growth for 2020 at 0%; For 2021 at 7.7%

• American multinational investment bank, Morgan Stanley has projected India’s GDP growth for 2020 at 0% and for 2021 at 7.7%.

• For the global GDP growth, Morgan Stanley has made a projection of -3% in 2020 and 5.9% in 2021.

Awards

DW Freedom of Speech Award 2020 announced

• 17 journalists from 14 countries have been named for Deutsche Welle Freedom of Speech Award 2020 for showing “outstanding commitment to human rights and freedom of expression in the media”.

• Indian journalist Siddharth Varadarajan is among the 17 recipients of the 2020 Freedom of Speech Award presented by German public news outlet Deutsche Welle on the occasion of the World Press Freedom Day on 3rd May 2020.

Obituary

Former TT champion Manmeet Singh Walia passes away

• Former national table tennis champion Manmeet Singh Walia passed away at the age of 58 years.

• Manmeet was suffering from ALS (amyotrophic lateral sclerosis). He had represented the country at multiple international events after making his debut at the Asian Championships in 1980.

Sports

FIFA Under 17 Women’s World Cup to be held in February 2021

• The All India Football Federation (AIFF) on May 12, 2020 declared that the FIFA Under-17 Women’s World Cup will now be held during February 17, 2021 - March 7, 2021 in India.

• The tournament was earlier scheduled to be held on November 2, 2020. However, the AIFF had to cancel it.

Appointments and Resignations

Indu Shekhar Chaturvedi takes charge as Secretary of New &Renewable Energy Ministry

•  Indu Shekhar Chaturvedi (IAS) assumed charge as the new Secretary, Ministry of New & Renewable Energy on May 11, 2020.

•  Chaturvedi is a 1987 Batch IAS officer from Jharkhand cadre. He will be succeeding Anand Kumar, who has become the Secretary in the Ministry of Culture.