Tag: COVID-19/Coronavirus

Guidelines for banks for resolution of COVID-19-related stressed assets in 26 sectors released

September 8, 2020

• Guidelines for banks for resolution of COVID-19-related stressed assets in 26 sectors Released by Reserve Bank of India (RBI) on September 7, 2020. These 26 sectors include aviation, tourism and auto components.
• The resolution plan is based on the recommendations of the KV Kamath Committee, which submitted its report on September 4, 2020.

‘On-demand’ COVID-19 testing allowed by Health Ministry

September 7, 2020

• The Union Health Ministry has introduced ‘on-demand’ COVID-19 testing without a doctor’s prescription. all those individuals who wish to get tested and those undertaking travel can get an ‘on-demand’ COVID-19 test done without seeking a prescription from a doctor.

Japan commits ODA of Rs 3500 crore to fight COVID-19 in India

September 1, 2020

• In order to fight the COVID-19 crisis, India will receive an Official Development Assistance (ODA) loan of an amount of JPY50 billion (approx. Rs. 3,500 crore) from the government of Japan for the COVID-19 Crisis Emergency Response Support.

A game on COVID-19 “The Corona Fighters” launched

August 21, 2020

• A game on COVID-19 “The Corona Fighters” has been launched by Union Minister of Health & Family Welfare, Dr. Harsh Vardhan with an aim to remind people to take the right precautions and escape infection.

Soumya Swaminathan honored with Tamil Nadu CM’s special award

August 19, 2020

• Soumya Swaminathan ,Chief Scientist of World Health Organisation(WHO) has received Tamil Nadu Chief Minister’s(CM’s) special award on the 74th Independence Day celebration at Fort St George, Chennai, Tamil Nadu, in recognition for her advisory role in combating the COVID-19 pandemic in the state ,while the Chief Minister’s Best Practices award was bagged by the Department of Treasuries.

New Zealand postponed its General Election to October 17 due to COVID-19 pandemic

August 18, 2020

• The Prime Minister of New Zealand Jacinda Ardern announced that the General election of the country is postponed by four weeks to October 17. This decision has been taken due to the impact of the Covid-19 pandemic. As per the country’s law, Elections are to be held before November 21.

UK launches £3 million “Innovation Challenge Fund” in India

August 18, 2020

• The UK Government has launched a £3 million “Innovation Challenge Fund” in India with an aim to support scientists in the academic arena and industry to fight the COVID-19 pandemic and climate change.

‘Atulya’ to disintegrate novel Coronavirus unveiled by Nitin Gadkari

August 13, 2020

• The Union Minister for Road Transport and Highways and Micro, Small and Medium Enterprises Nitin Gadkari unveiled a microwave indigenously developed device named ‘Atulya’ that can disinfect any premises in just 30 seconds and disintegrating COVID-19 virus.

Dr. V K Paul Committee on Vaccine Administration for COVID-19

August 13, 2020

• Centre formed a Dr V K Paul Committee on Vaccine Administration for COVID-19. The purpose of the committee is to look for all the aspects of its COVID-19 vaccination plan, including the identification of the effective vaccine, buying and financing of the purchase, as well as its distribution and administration.

World’s first Covid-19 vaccine developed by Russia

August 11, 2020

• World’s first Covid-19 vaccine developed by Russia.  This first coronavirus vaccine is developed jointly by Gamaleya Research Institute and the Russian Defence Ministry.