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Current Affairs 17 May 2020

Current Affairs 17 May 2020

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 17 May 2020.

Current Affairs 17 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.

Current Affairs 17 May 2020
1. World Telecommunication Day 2020
  • World Telecommunication Day is observed every year on 17 May.
  • It marks the founding of ITU when the first International Telegraph Convention was signed in Paris on 17 May, 1865.
  • It is also known as World Telecommunication and International Society Day.
  • Since 1969, it has been celebrating annually.
Current Affairs 17 May 2020
2. Investment Capacity of India in renewable sector reached 500-700 billion USD: Study
  • According to the study of the Institute of Energy Economics and Financial Analysis.
  • The Bhadla Solar Park in Rajasthan is the largest solar park in the world.
  • India target to install 175 GW of renewable energy by FY2021-22.
Current Affairs 17 May 2020
3. Aatmanirbhar package: DISCOMs to get ₹90,000-crore liquidity support
  • DISCOMs will be offered ₹90,000 crore liquidity support under the ‘Aatmanirbhar package’ announced by Finance Minister Nirmala Sitharaman.
  • Under the package, Power Finance Corporation and Rural Electrification Corporation will infuse liquidity.
  • Minister for Power & New and Renewable Energy : R K Singh.
Current Affairs 17 May 2020
4. India attends second G20 Virtual Trade and Investment Ministers Meet
  • India has provided medical supplies to over 120 countries to combat the COVID-19 pandemic.
  • Total 43 countries received it as a grant.
  • Union Commerce & Industry Minister Piyush Goyal said at the 2nd G20 Virtual Trade & Investment Ministers Meeting.
  • Current chair of G20 grouping, Saudi Arabia hosted the meet.
Current Affairs 17 May 2020
5. Dr Harsh Vardhan dedicates COVID-19 testing machine COBAS 6800 to the nation
  • It performs RT-PCR tests for COVID-19.
  • COBAS requires a minimum BSL2+ containment level for testing.
Current Affairs 17 May 2020
6. 40 gharials released in Ghaghara river amid lockdown
  • 40 gharials were released in the Ghaghara river by Uttar Pradesh forest division, amid the nationwide lockdown due to the novel coronavirus disease.
  • They are critically endangered in the International Union for Conservation of Nature Red List of Species.
  • A major chunk of gharials is found in the Chambal river.
Current Affairs 17 May 2020
7. Researchers at CSIRO develops ‘heat resistant’ corals to fight bleaching
  • Researchers from CSIRO, Australian Institute of Marine Science & the University of Melbourne has successfully developed a potential agent that could help coral reefs increase their heat tolerance.
  • CSIRO = Commonwealth Scientific & Industrial Research Organisation.
  • CSIRO Headquarters : Canberra, Australia.
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8. Uttar Pradesh & West Bengal account for highest number of street vendors in India: SBI economists
  • The number is accounting for over one-fourth of India’s tally, economists at SBI said.
  • Government had announced a Rs 5,000-crore special credit facility for street vendors.
  • They will be given a loan of ₹10,000 each to restart businesses.
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9. Fiscal deficit to balloon to 7.9% in FY21: Report
  • With the Government’s Rs 20 lakh Cr stimulus package, the country’s fiscal deficit is likely to be more than double to 7.9 per cent in the current financial year, according to an SBI research report.
  • The earlier estimate for the FY21 was 3.5% of the GDP.
  • Govt debt as a percentage of GDP has been on a rising trend since FY11.
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10. PepsiCo India ties up with Swiggy
  • They ties up in a bid to strengthen availability of its snack brands at a time when the country is grappling with the Covid-19 pandemic.
  • PepsiCo India has entered into a distribution partnership with Swiggy to launch Lay’s and Kurkure e-stores on the app.
  • PepsiCo India CEO = Ramon Laguarta.
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11. Jal Jeevan Mission: Haryana and J&K to provide tap water to every household by Dec 2022
  • The national target has been set for the year 2024-25.
  • Minister of Jal Shakti : Gajendra Singh Shekhawat.

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