Daily Current Affairs : 4th June 2020 | Daily GK update Quiz

Exp. Prime Minister Narendra Modi has appointed a committee headed by Rajnath Singh to resolve any problem in the implementation of the Rs 3 lakh crore collateral-free loan scheme for MSMEs.

Finance Minister Nirmala Sitharaman earlier this month had announced the collateral-free loans scheme for MSMEs as part of the overall Rs 20 lakh crore Covid-19 relief package to uplift the economy. According to Sitharaman, 45 lakh MSME units will be able to resume their businesses and secure jobs through this support. The eligible units should have up to Rs 25 crore outstanding credit and Rs 100 crore turnover to apply for the loan scheme.

Exp. Delhi (NCT): Shri Anil Baijal (Lieutenant Governor)

The Delhi government 1st June launched a mobile application to help residents track the availability of hospital beds and ventilators for Covid-19 patients.

Called Delhi Corona, the app, according to its page, “plans to provide a single avenue to cater to all the needs and issues of the Delhi populace during these tough times. It contains a self-assessment tool, guidelines and important helplines to ensure well-being of the users. The app also allows the user to view all COVID centers and access lockdown services like ration, e-pass and hunger/shelter relief centres.”

Exp. Central Government on 2nd June has announced three schemes worth of Rs 50,000 crore. The new schemes – Production Linked Incentive Scheme, Component Manufacturing Scheme, and Modified Electronics Manufacturing Clusters Scheme – will be implemented from June 2 for the development of electronics manufacturing sector in India.

The triology of schemes that entail an outlay of about Rs 50,000 crore (approximately $7 billion), will help offset the disability for domestic electronics manufacturing, which will strengthen the electronics manufacturing ecosystem in the country.

Exp. Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 percent Emergency Credit Line Guarantee Scheme, said Finance Minister Nirmala Sitharaman’s office on 3rd June. Public sector banks have disbursed Rs 3,892.78 crore in the first two days of the month under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the Micro, Small and Medium Enterprises (MSME) sector hit hard by the coronavirus-induced lockdown.

The Emergency Credit Line Guarantee Scheme (ECLGS) has been formulated as a specific response to the unprecedented situation caused by COVID-19 and the consequent lockdown, which has severely impacted manufacturing and other activities in the MSME sector.

Exp. StartupBlink has launched the Startup Ecosystem Rankings Report 2020 that ranks 1,000 cities and 100 countries worldwide, based on their startup ecosystem strength and activity level. StartupBlink is global startup ecosystem map and research center.

India has dropped 6 places to be ranked at 23rd spot in the latest ranking, with a score of 5.698. Last year it was placed at 17th spot. United States has topped the ranking list, United Kingdom, Israel, Canada and Germany are the top 5 countries in the list respectively. The ranking is based upon three key factors: Quantity, Quality and Business Environment.

Exp. The World Bank on 2nd June urged countries to go for comprehensive policies to boost long-term growth along with short term measures to address health emergencies and secure core public services in the wake of the coronavirus crisis, amid indications that 60 million people could be pushed into extreme poverty in 2020.

These estimates are likely to rise further, with the reopening of advanced economies the primary determinant.

Exp. Tropical storm Amanda caused flash flooding, landslides and power outages as it made its way through Central American countries of El Salvador and Guatemala. more than Dozens people were killed and authorities have warned that further heavy rain is expected, as the storm is estimated to have cause up to US$200 million of damage.

Exp. Reserve Bank of India, the Board of Directors of Lakshmi Vilas Bank at their meeting held today i.e. 01.06.2020 have extended the tenure of appointment of Shri Subramanian Sundar as Managing Director & CEO (Interim) of the Bank till November 30, 2020 or till regular MD & CEO takes charge.

Exp. Senior IAS officer Pradip Kumar Tripathi on 1 june took over the charge as Secretary in the Ministry of Steel.

Mr. Tripathi succeeds Binoy Kumar, who superannuated on May 31, 2020.

Exp. Director General of the Sports Authority of India (SAI): Sandip Pradhan

The Sports Authority of India (SAI) is all set to launch Khelo India e-Pathshala in association with National Sports Federations (NSF) from June 1 with an aim to provide first-ever national-level open online coaching and education programme for grassroot-level athletes.

Sports Minister Kiren Rijiju and Union Minister of Tribal Affairs and Archery Association of India president Arjun Munda will inaugurate the programme through a webinar on June 1 at 9 am, a session that will be attended by archers, archery coaches and experts of the discipline.

The programme will cover 21 sporting disciplines, including, athletics, archery, boxing, cycling, fencing, football, gymnastics, hockey, judo, kayaking & canoeing, kabaddi, para games, rowing, shooting, taekwondo, table tennis, Volleyball, weightlifting, wrestling and wushu.

Exp. World Bicycle Day is around the corners, which is 3 June 2020. The Third World Bicycle Day is being praised and celebrated on this date. The United Nations celebrated the first World Bicycle Day on Sunday, June 3, 2018, at the UN General Assembly in New York. UN officials, diplomats, athletes, and advocates of the cycling community spoke at the inaugural event in New York, sharing the numerous benefits of riding vehicles.

Exp. Veteran lyricist Anwar Sagar passed away on 3rd June. Anwar wrote many popular songs in the 80s and 90s. He wrote the lyrics of the song “Waada Raha Sanam” for the 1992 film Khiladi, starring Akshay Kumar and Ayesha Jhulka. The lyricist also has to his credit films like Yaarana, Salaami, Aa Gale Lag Jaa and Vijaypath among more.

Exp. Headquarters: Washington, D.C., United States

President: David Malpass

Exp. Minister of Road Transport and Highways, Minister of Micro, Small and Medium Enterprises: Nitin Jairam Gadkari