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www.tnpsc.academy – TNPSC Current Affairs May 28, 2020 (28/05/2020)
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Topic: Latest Diary of Events
EU unveils €750 billion economy rescue plan
The European Union (EU)’s executive unveiled a €750 billion plan to prop up economies hammered by the coronavirus crisis.
The recovery fund package comes in addition to the EU’s long-term budget for 2021-27, which the Commission proposed should be set at €1.100 trillion ($1.21 trillion).
Details of the plan:
Under the proposal, the European Commission would borrow the funds from the market and then disburse two-thirds in grants and the rest in loans to cushion the unprecedented slump expected this year due to the coronavirus lockdowns.
This additional funding will be channelled through EU programmes and repaid over a long period of time throughout future EU budgets – not before 2028 and not after 2058.
In addition, in order to make funds available as soon as possible to respond to the most pressing needs, the Commission proposes to amend the current multiannual financial framework 2014-2020 to make an additional 11.5 billion euro in funding available already in 2020.
Why this is needed?
Economies are in freefall now. If not rescued, they risk something worse than their divisive debt crisis of a decade ago, which fanned euroscepticism and threatened to pull the eurozone apart.
The grants, although controversial, are needed because Italy, Spain, Greece, France and Portugal already have high debt and rely heavily on tourism, which was halted by the pandemic.
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Topic: Latest Diary of Events
International Day of UN Peacekeepers 2020
International Day of UN Peacekeepers 2020 will be observed on May 29. The theme for this year’s Day is “Women in Peacekeeping: A Key to Peace” to help mark the 20th anniversary of the adoption of UN Security Council Resolution 1325 on Women, Peace and Security.
Why may 29?
The first UN peacekeeping mission was established on 29th May 1948, when the Security Council authorized the deployment of a small number of UN military observers to the Middle East.
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Topic: Places in News
Charru mussel (Animal)
It is an invasive mussel native to the South and Central American coasts. It is now spreading quickly in the backwaters of Kerala, elbowing out other mussel and clam species and threatening the livelihoods of fishermen engaged in molluscan fisheries.
The rapid spread may have been triggered by Cyclone Ockhi which struck the region in 2017.
Externally, the Charru mussel resembles the green and brown mussels (kallummekkaya in Malayalam), but is much smaller in size. Its colour varies from black to brown, purple or dark green.
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Topic: International Events
Montenegro – coronavirus-free
Montenegro is the first country in Europe to declare itself coronavirus-free. Montenegro is a country of South and Southeast Europe on the coast of the Balkans. It borders Bosnia-Herzegovina to the northwest, Serbia to the northeast, Kosovo to the east, Albania to the southeast, the Adriatic Sea to the southwest, and Croatia to the west.
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Topic: Latest Diary of Events
World Vape Day
The World Vape Day is to be observed on May 30 all over the world. It aims to increase awareness on e-cigarettes and help smokers that are unable to quit smoking. India will also observe World Vape Day on May 30.
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Topic: Profile of States, Latest Diary of Events
State Health Register to be launched by Karnataka Government
The Karnataka State Government announced that it will launch a “State Health Register” to collect data of all its citizens. The register is first of its kind in the country.
Key facts:
The register will hold names of all the citizens of the state. The need to maintain such a register has been raised by COVID-19. The project is to be launched from Chikkaballapur district in Karnataka.
The register is to be created in the future with 50% partnership from private hospitals. The State Government is to undertake a survey including every person of the state. The current population of Karnataka is 6.5 crores. The survey is to be conducted through ASHA workers, educational department staffs, staffs in primary health centre and revenue officials.