TNPSC Current Affairs June 25, 2020

www.tnpsc.academy – TNPSC Current Affairs June 25, 2020 (25/06/2020)

 

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Topic: Welfare Oriented Govt Schemes and their Utilities

Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD)

The scheme was announced by the Finance Minister as part of the Atmanirbhar Bharat Abhiyan. It is also called as “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”.

Overview:

It is a scheme for the distressed MSME sector. The scheme seeks to extend support to the promoter(s) of the operational MSMEs which are stressed and have become NPAs as on 30th April, 2020.

As per the Scheme, guarantee cover worth Rs. 20,000 crores will be provided to the promoters who can take debt from the banks to further invest in their stressed MSMEs as equity.

The scheme will be operationalized through Credit Guarantee Fund Trust for MSEs (CGTMSE).

Implementation:

Promoter(s) of the MSMEs will be given credit equal to 15% of their stake (equity plus debt) or Rs. 75 lakh whichever is lower.

Promoter(s) in turn will infuse this amount in the MSME unit as equity and thereby enhance the liquidity and maintain the debt-equity ratio.

90% guarantee coverage for this sub-debt will be given under the Scheme and 10% would come from the concerned promoters.

There will be a moratorium of 7 years on payment of principal whereas the maximum tenor for repayment will be 10 years.

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Topic: Latest Reports and Events

Annual TB Report 2020

The Annual TB Report is prepared and published by the Central TB Division, Ministry of Health and Family Welfare, GOI.

Highlights:

4 lakh notified TB patients in 2019 in India, which is a 14% increase from 2018.

Reduction in the number of missing cases to 2.9 lakh cases as against more than 10 lakhs in 2017.

Private sector notifications increased by 35% with 6.78 lakh TB patients notified.

Proportion of children diagnosed with TB increased to 8% in 2019 compared to 6% in 2018.

Provision of HIV testing for all notified TB patients increased from 67% in 2018 to 81% in 2019.

Expansion of treatment services has resulted in a 12% improvement in the treatment success rate of notified patients. For 2019, it is 81% compared to 69% in 2018.

Nikshay system:

The country is achieving near-complete on-line notification of TB patients through the NIKSHAY system.

Nikshay is an information management system that acts like a one-stop solution for managing patients’ information and monitor program activity and performance all over the country.

It is developed and maintained by the Central TB Division (CTD), Ministry of Health and Family Welfare in collaboration with the National Informatics Centre (NIC), and the World Health Organization Country office for India.

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Topic: Profile of States, Places in News

Kushinagar airport declared as international airport

It is in Uttar Pradesh. Kushinagar is an important Buddhist pilgrimage site, where Gautam Buddha attained Mahaparinirvan.

Kushinagar is dotted with several other Buddhist sites in the nearby surroundings like Sravasti (238 km), Kapilvastu (190 km) and Lumbini (195 km).

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Topic: International Events

World’s First Yoga University outside India

The world’s first Yoga University outside India was launched on 23rd June 2020 at United State’s Los Angeles city. The Yoga University has been named after Swami Vivekananda.

The university will be known by the name- Vivekananda Yoga University.  The University was launched as a part of the commemorations for the 6th International Yoga Day.

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Topic: International Events

World’s Longest Internet Shutdown in Myanmar enters 2nd year

The mobile internet services were shut down by the Myanmar Government in eight townships of the conflict-hit Rakhine State and in one township in Chin State.

Between September 2019 to February 2020 the restrictions were lifted in 5 states but were again reinstated. In Maungdaw township of Rakhine State, the restrictions were lifted on 2nd May 2020.

The internet services for the remaining townships will remain shut down till the 1st of August 2020, this was announced by the Ministry of Transportation and Communication of the Myanmar Government.