Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 11 May 2020.
Current Affairs 11 May 2020 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.
1. Public Sector Banks sanction loans worth Rs 5.66 lakh cr. for more than 4181000 accounts during March-April
- Borrowers are from MSME, Retail, Agriculture and Corporate sectors, waiting for disbursal soon after lockdown lifts.
- 2.37 lakh cases have been sanctioned loans worth ₹ 26,500 cr.
2. BRO opens new 80-km road for Kailash Man Sarovar pilgrims
- The Border Roads Organisation (BRO) has completed construction of 80 km road stretch.
- The roadconnects Dharchula to Lipulekh (China Border), popularly known as Kailash-Mansarovar yatra route.
- The road was inaugurated by Defence Minister Rajnath Singh.
3. Uttar Pradesh invokes ordinance to exempt businesses from all key labour laws
- UP cabinet has cleared the “UP Temporary Exemption from Certain Labour Laws Ordinance, 2020”.
- To exempt all factories and businesses from three labour laws for the next three years.
- It will give a free hand to co. to operate the way they want.
4. UK announces ‘once in a generation’ transport sector investment
- UK government announced ‘once in a generation’ transport sector investment of around 2 billion pounds.
- Of which amajor chunk allotted for emergency improvements to cycling and walking infrastructure for the country’s green recovery from the pandemic.
- British Prime Minister: Boris Johnson.
5. Cooperative Banks come under SARFAESI Act: SC
- Cooperative Banks established under a State Law or Multi-State Level Societies come within the ambit of the SARFAESI, 2002.
- The Act prescribes a procedure for faster recovery of dues.
- Co-op banks come under the definition of ‘Banking Company’.
6. Asian Infrastructure Investment Bank approves $ 500 million loan to support India’s COVID-19 operations
- The funds were aimed at enabling the government to scale up its containment efforts.
- Also tostrengthen the health system to manage future outbreaks.
- AIIB is co-financed by the World Bank.
- AIIB –development bank-finances infrastructure projects in Asia.
7. UP becomes first state to provide facility of beds with ventilators in each district of state
- Uttar Pradesh has become the first state in the country to provide the facility of beds with ventilators in hospitals.
- The facilities are availableeach and every district of state.
- Now, all 75 districts of state can provide a higher level of care to the patients of COVID-19.
- UP Governor: Anandiben Patel.
8. Bengaluru launches Pranavayu programme to create awareness on need to self-examine respiratory health
- Prana Vayu programme launched by the city Corporation in Bengaluru.
- The program has been creating awareness through advertisements in media about the need to carry out self-examination for early detection of any ailment that could aggravate the situation if contracted.
- It is an attempt to help people with low oxygen level in blood.
9. UPCM launches ‘Pravasi Raahat Mitra’ App for migrant workers
- The app is aimed at aiding migrant citizens coming to Uttar Pradesh from other ststates.
- So that they can take advantage of government schemes.
- It will also help monitor their health besides providing jobs and livelihood related to their skills.
- The App can work online as well as offline.
10. World Migratory Bird Day 2020: May 9
- World Migratory Bird Day 2020 was observed on May 9 this year.
- It is celebrated to raise awareness about the conservation of the ecological importance of birds in the ecosystem.
- The day is observed on the second Saturdays of May and October, every year.
- World Migratory Bird Day 2020 Theme: Birds Connect our World.
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