Current Affairs - March, 2020

This category comprises latest Current Affairs of March, 2020 with news summary on current events of National and International importance. Current Affairs March, 2020 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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India to participate in WHO trials of COVID-19

On March 28, 2020, ICMR (Indian Council of Medical Research) announced that India is to participate in trials of WHO (World Health Organization). The trials are to identify potential cures for the outbreak of COVID-19.

Highlights

So far, the COVID-19 infected cases were few in numbers that India could not participate in the trials. Now with the number of cases increasing to 940, India becomes eligible to participate in the WHO solidarity trials. The WHO has launched 4 mega trials. The trials include the use of drugs such as hydroxychloroquine, currently used by India and also HIV drugs such as Lopinavir and Ritonavir.

Apart from India, other countries such as France, Iran, Thailand, Argentina, Canada, Norway, Spain, South Africa and Switzerland.

Current Steps

India is to import 3.4 million probes for rapid testing of the virus. India will participate in all the trials of WHO. There are around 50 different trials being conducted by the organization.

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GoI sets up PM-CARES Funds to fight against COVID-19

On March 28, 2020, Prime Minister Modi announced PM-CARES Fund. The fund is being raised to deal with the distress or emergency as that of COVID-19 pandemic.

Highlights

PM-CARES is Prime Minister’s Citizen Assistance and Relief in Emergency Situations fund. It is a dedicated fund with the primary objective to deal with threats like COVID-19. A trust has been created to collect these funds. Prime Minister of India is the Chairman of the trust. The other members of the trust include Finance Minister, Home Minister and Defence Minister.

Features of the Funds

Funds being donated to the PM-CARES trust is to be exempted from tax under Section 80(G) of the Income Tax Act. The account of the fund is held by the State Bank of India.

PM National Relief Funds

The other funds that are in the hands of the Prime Minster include PM National Relief Funds. He is the chairman of the fund. It was raised by the then PM Jawaharlal Nehru.

The PMNRF is used to support people affected by natural and man-made disasters. This inludes acid attacks, accidents and riots. It is also allotted to people for kidney transplantation treatments, heat, surgeries, etc. So far, the fund was extensively used during 2013 Uttarakhand floods, 2014 Assam Violence, 2015 Tamil Nadu Floods, 2015 Madhya Pradesh explosion.

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