TNPSC Current Affairs June 02, 2020

www.tnpsc.academy – TNPSC Current Affairs June 02, 2020 (02/06/2020)

Topic: Werlfare Oriented Govt Schemes and their Utilities

PM Svanidhi

The Ministry of Housing and Urban Affairs has launched PM Svanidhi, or Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi scheme.

The scheme was announced by finance minister Nirmala Sitharaman on 14 May to enable street vendors to resume their livelihoods, which have been hit hard due to the national lockdown.

Key facts:

It is a special micro-credit facility plan to provide affordable loan of up to ₹10,000 to more than 50 lakh street vendors, who had their businesses operational on or before 24 March.

Small Industries Development Bank of India is the technical partner for implementation of this scheme. It will manage the credit guarantee to the lending institutions through Credit Guarantee Fund Trust for Micro and Small Enterprises.

Topic: International Diary of Events

WHO launches COVID-19 Technology Access Pool (C-TAP)

The Costa Rica and World Health Organization have launched C-TAP. C-TAP is COVID-19 Technology Access Pool.

Key facts:

The C-TAP will act as an one-stop shop for information, scientific knowledge and intellectual property for global community. Around 30 countries, institutions and international partners have signed to support C-TAP. It is an initiative that aims to make vaccines, tests, health technologies and treatments.