COVID-19 Emergency Funds Current Affairs - 2020

State Disaster Relief Fund eased by Prime Minister to help States

PM Modi in the recent meet with chief ministers have eased the norms for State Disaster relief Fund. The meeting was with the chief ministers of seven states including Tamil Nadu, Punjab, Maharashtra, Andhra Pradesh, Karnataka, Delhi and Uttar Pradesh, that have been severely affected from the covid-19 virus. More than 63% of active cases Read More…

India- Pakistan to meet in SAARC Virtual meeting On September 24, 2020

External Affairs Minister (EAM) of India and Pakistan Foreign Minister (PFM) are expected to meet at the South Asian Association for Regional Cooperation (SAARC) meeting via videoconference on September 24. The announcement has been made days after India-Pakistan tensions that had spilled into a meeting of the Shanghai Cooperation Organisation (SCO). Key Facts All member Read More…

Japan provides Rs 3,500 crores assistance to India to fight COVID-19

On August 31, 2020, the Japanese Government announced that it will provide loan assistance of Rs 3,500 crores to India as a response to COVID-19 crisis. This will also include implementation of health and medical policy. The loan is being received by India as an emergency fund. Highlights The loan agreement was signed by Japan Read More…

Role of India-UN Development Partnership Fund in India’s COVID-19 Response

The India-UN Development Partnership Fund was established in the year 2017, with an ambitious agenda of promoting multilateralism and shared prosperity. It was formed with a dedication of supporting demand-driven, and transformational SDG (Sustainable Development Growth) projects across the developing countries while having an immense focus on least developed countries. The fund is supported and Read More…

G20 countries pledge 21 billion USD to fight COVID-19

On June 6, 2020, the G20 countries pledged over 21 billion USD to fight against COVID-19. The countries have so far injected 5 trillion USD in March 2020 to help fight global economic crisis. The 21 billion USD commitment was made only by the invited members. Highlights The G20 countries had already injected 5 trillion Read More…