Daily Current Affairs – March 18, 2020

Global Recycling Day is observed every year on March 18 .
Global Recycling Daywas created in 2018 to help recognize, and celebrate, the importance recycling plays in preserving our precious primary resources and securing the future of our planet.
Theme for the third Global Recycling Day is Recycling Heroes.

 

Virtual G20 leaders summit to be held in March
Prime Minister Narendra Modi held talks (through telephone call) with the Crown Prince of the Kingdom of Saudi Arabia, His Royal Highness Mohammed bin Salman. The two leaders discussed the global situation regarding the COVID-19 pandemic.

 

RBI to use swap transactions, LTRO to infuse liquidity
The Reserve Bank of India (RBI) has announced that, in the wake of the epidemic Covid-19, the central bank would use Forex swap and long-term repo operations (LTROs) to mitigate the effects of the Covid-19 on the Indian Economy.

 

GoI stated National e-commerce policy is still under consideration
Government is still considering the drafting of national e-commerce policy, and no timeline about its launch has been released. The information was announced by the Union Commerce and Industry Minister Piyush Goyal on 18 March 2020. Aim: The National e-commerce policy aims to empower domestic entrepreneurs and to encourage Make in India and safeguard interests of the consumers and facilitating job creation.

 

Around 1.5 lakh SSAs covered with at least one bank branch under PMJDY
Ministry of Finance reported that all villages were mapped by banks into 1.59 lakh Sub-Service Areas (SSAs) under Pradhan Mantri Jan-Dhan Yojana (PMJDY). One SSA caters to 1,000 to 1,500 households. The report was submitted by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs in Rajya Sabha.

 

Health Ministry placed Draft National Policy for Rare Diseases in its website
Ministry of Health and Family Welfare has finalized and placed the Draft National Policy for Rare Diseases on its official website. It was announced by the Minister of State (Health and Family Welfare), Sh Ashwini Kumar Choubey.

 

More the Rs.20 crore has been sanctioned under the Stand Up India Scheme
Ministry of Finance reported that more than Rs.20,466.94 crores of loans had been sanctioned under Stand Up India Scheme to over 91,000 accounts up to 10 March 2020. The information was shared by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs.

 

Ministry of Culture established institute to promote Buddhist studies, art, and Culture
Ministry of Culture has established an institute named Central Institute of Himalayan Culture Studies (CIHCS) at Dahung, Arunachal Pradesh. The main objective of CIHCS is to preserve ancient Buddhist manuscripts, to promote research in different aspects of Buddhism, digitize ancient Buddhist text preserved in the languages of Pali, Sanskrit, Tibetan, Chinese, Japanese, and other Asian languages through the system of a modern university.

 

JK Epidemic Disease Regulations, 2020 extended to both Jammu and Kashmir
The Union Territory Jammu and Kashmir Administration have extended J&K Epidemic Disease Regulations, 2020 to both Jammu and Kashmir Divisions. The aim is to step up efforts to tackle the Coronavirus (COVID-19) disease. The Regulations were extended under the orders of Lieutenant Governor Girish Chandra Murmu.

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