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Saturday, May 30, 2020

DAILY Current Affairs 28 MAY 2020

DAILY GK C.A 28 MAY

1. FISH PRODUCTION TARGET SET TO 220 LMT BY FY24-25

·        Union Minister for Fisheries Giriraj Singh detailed the Pradhan Mantri Matsya Sampada Yojana (PMMSY) during a press conference in New Delhi.

·        PMMSY was announced as a part of the Rs 20 Lakh crore Centre’s economic stimulus package in response to COVID-19. It will be implemented for a period of 5 years i.e. from FY 2020-21 to FY 2024-25 .

·        Importantly, the scheme is providing insurance coverage for fishing vessels, which is being introduced for the first time.

·         As a part of PMMSY, there will be Swath Sagar plan, which is envisaged with modernizing of the fisheries sector.

·        Also, Government will register “Sagar Mitra” and encourage formation of Fish Farmers Producer Organizations (FFPOs) to help achieve the PMMSY goals

 

2. “VAN DHAN SCHEME: LEARNINGS FOR POST COVID-19” 

·        Government of Rajasthan in association with The Tribal Cooperative Marketing Development Federation of India(TRIFED), organized a webinar  under Know Your Scheme-Lecture Series on “Van Dhan Yojana : Learning For Post Covid-19” to help the tribal people.

·        TRIFED has launched a #GoTribal campaign have opened more than 120 permanent outlets across the country (including airports), ecommerce platforms, exhibitions, and organized  grand ‘Aadi Mahotsavs.

·        TRIFED in association with  the United Nations Children’s Fund (UNICEF)  initiated Van Dhan Samajik Doori Jagrookta Abhiyaan, under which tribes are being provided with crucial information regarding COVID-19.

 

3. TAIWAN PRESIDENT RE-ELECTED FOR SECOND TERM

·        Tsai Ing-wen, the current and first female President of Taiwan has been re-elected for a second four-year term of presidency. A representative of Democratic Progressive Party (DPP), took the oath on May 20, 2020.

·        Since the end of the Chinese civil war in 1949, Taiwan has been entirely self-ruled. However, China claims Taiwan as its province and has campaigned to limit Taiwan’s participation in international bodies under the “One China Principle”, the Republic of China (ROC)

 

4. ITC TO ACQUIRE 100% EQUITY OF SUNRISE FOODS

·        ITC Limited entered into a Share Purchase Agreement(SPA) to acquire 100% of the equity share capital of Sunrise Foods Private Ltd(SFPL), which is primarily engaged in spices under the trademark ‘Sunrise’.

·        The value of the deal is not disclosed but expects to be around Rs 1,800 crores to Rs 2,000 crores.

·        Through its Aashirvaad brand it operates in Andhra Pradesh and Telangana.It has set a turnover target of Rs 1 trillion from its FMCG business by 2030 as it moves to expand revenues beyond its cigarettes business. It already sells popular FMCG brands like Aashirvaad flour, Bingo chips, B Natural juices, Vivel and Yippee noodles.

 

5. BOOK ‘THE ICKABOG’

·        Harry Potter author JK Rowling released a new online Children’s book named ‘The Ickabog’ to entertain children during Coronavirus lockdown.

·        The new story will be serialized with a couple of chapters released for free online and posted on “The Ickabog” website.

·        Rowling started writing ‘The Ickabog’ while she was still completing the original Wizarding World series, “Harry Potter” book.

 

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