Current Affairs for SSC CGL Exams - 10 APRIL 2020

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 10 APRIL 2020

::NATIONAL::

Centre issues advisory to prevent social stigma associated with pandemic

  • Health and Family Welfare Ministry has issued an advisory to stop the social stigma associated with the Covid-19. The advisory stated that public health emergencies during outbreak of communicable diseases may cause fear and anxiety leading to prejudices and social stigma against people and communities. 
  • Such behaviour may culminate into increased hostility, chaos and unnecessary social disruptions. This advisory came in the wake of reported cases wherein corona patients, frontline workers like Doctors and nurses, certain communities and areas faced discrimination due to fear and misinformation about corona virus.
  • AIR correspondent reports, Health Ministry has urged on the need to counter such prejudices and advised that through social distancing and personal hygine, this disease can be eliminated. It has been advised to the people to follow certain steps to end the social stigma associated with novel coronavirus. 

Centre askes states to implement market intervention scheme

  • Fruit and vegetable farmers have been among the hardest hit by the lockdown imposed to contain the spread of COVID-19, facing major losses due to obstacles in harvesting and marketing their perishable produce.
  • The Centre has now directed all the States and Union Territories to implement the Market Intervention Scheme to ensure good prices for perishable crops.
  • It has also begun a train service to transport perishable agricultural and horticultural commodities to markets due to the obstacles in road transport. On Thursday, 50 trains were deployed for this purpose, an Agriculture Ministry statement said.
  • The Centre has extended the procurement window for its Price Support Scheme, under which the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) and other agencies procure pulses and oilseeds, up to 90 days from the date of commencement of the scheme in each State. It has also hiked the daily procurement limit from 25 quintals to 40 quintals per farmer for the rabi season.

::ECONOMY::.

RBI expects inflation drop to 2.4%

  • The consumer price index (CPI)-based inflation, which had stayed elevated in the last few months, is expected to soften during the course of the financial year, the Reserve Bank of India (RBI) said in its monetary policy report (MPR).
  • The MPR was released on Thursday. The report follows the unscheduled monetary policy meeting held in end March to discuss the uncertainties arising from the nationwide lockdown. Since the review was conducted in end March, the early policy review, scheduled for April, was withdrawn.
  • The RBI said relatively modest upsides are expected to emanate from monetary, fiscal and other policy measures and the early containment of COVID-19, if that occurs. However, it added, such uncertainties make the forecasting of inflation and growth highly challenging.
  • On exchange rates, the central bank said renewed bouts of global financial market volatility caused by the uncertainty of macroeconomic impact of the COVID-19, as in February-March 2020, could exert pressure on the Indian rupee.

Equity mutual funds witness highest inflow in 2 years

  • Equity mutual fund (MF) schemes saw the highest-ever monthly inflows in two years as investors looked to invest at a time when most shares are available at highly beaten-down valuations even as the month saw overall industry outflows at the highest quantum since September 2018.
  • In March, the net inflow into equity schemes was pegged at ₹11,722.74 crore, as per data from the Association of Mutual Funds in India (AMFI). This was the highest monthly inflow since February 2018 when such schemes registered inflows of ₹14,683 crore.
  • “Instead of exiting their investment in equity funds, retail investors have not only held on, but added more assets and folios through SIPs,” said N. S. Venkatesh, chief executive, AMFI.
  • Debt schemes, however, saw massive outflows of almost ₹1.95 lakh crore, which was in line with most quarter-end trends on account of redemption pressures to meet advance tax payment requirements.
  • Meanwhile, the huge redemption pressure in debt funds led to an overall outflow of ₹2.13 lakh crore from the industry assets, the highest monthly outflow since September 2018.

 

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::INTERNATIONAL::

India rejects Chinese reference to Jammu & Kashmir at UN

  • India has rejected the reference to Jammu and Kashmir in a statement made by spokesperson of the Permanent Mission of China to the United Nations. In response to queries, External Affairs Ministry spokesperson AnuragSrivastava said China is well aware of India’s consistent position on this issue. 
  • He said Jammu and Kashmir has been, is and shall continue to be an integral part of India and issues related to it are internal matter to India.
  • The spokesperson said India therefore expects that other countries, including China, would refrain from commenting on matters that are internal affairs and respect India’s sovereignty and territorial integrity.
  • He said New Delhi also expects Beijing to recognise and condemn the scourge of cross-border terrorism that affect the lives of the people of India, including in Jammu and Kashmir.

::SCIENCE & TECHNOLOGY::

Indian farmer develops bio fortified carrot

  • A farmer scientist of Junagadh district, Gujarat ShriVallabhaiVastambhaiMarvaniya developed biofortified carrots. The carrots are locally called “MdhubanGajar”. It is rich in β-carotene and iron.
  • The biofortified carrot variety is benefiting more than 150 local farmers. The yield of the variety is 40 to 50 tonnes per hectare. The variety has been cultivated in over 1000 hectares of land this season.
  • The biofortified carrot has been developed through selection method. It has 277.75 mg/kg of β-Carotene and 276.7 mg/kg of iron.
  • The validation trials of the carrot was conducted by National Innovation Foundation that operates under Department of Science and Technology
  • The farmer scientist was awarded with Padma Shri in 2019 for his contribution in the field of agriculture and in specific to carrots.
  • The farmer scientist found that a local carrot variety used as fodder improved milk quality greatly. He started growing the carrot in large scale. In 1985, he began selling the carrots on a large scale.

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