KERALA

Finance minister launches KSFE schemes

Finance minister T M Thomas Isaac here on Tuesday announced the details of two schemes being rolled out by Kerala State Financial Enterprises as part of contributing towards bridging the digital divide among students urgently as online classrooms have become the new normal for education.

Unveiling the schemes, which were earlier announced by chief minister Pinarayi Vijayan, Isaac said KSFE would fund local bodies 75% of expenses for setting up online study classes for weaker sections. Also, KSFE would join hands with Kudumbashree for a micro-finance scheme to fund students for purchasing laptops. KSFE would contribute 75% of the expenses for setting up study centres, provided the respective local bodies are willing to spend the remaining 25%. After purchasing the necessary items, including TV, local bodies should submit utility certificate to KSFE. Once local bodies identify a public place for setting up the online study facility and identify beneficiary students, KSFE would issue the cheque in two or three days, the minister said.

INTERNATIONAL

IMF says Indian economy will contract by 4.5% in 2020-’21

The International Monetary Fund announced that India’s Gross Domestic Product will contract by 4.5% in the 2020-’21 financial year.

This is much lower than the 1.9% positive growth the IMF had forecast in its World Economic Outlook for April.

India had imposed a nationwide lockdown on March 25. The lockdown was slowly eased, and by June 1, most non-essential services had been allowed to operate in non-containment zones in the country, subject to policies made by states.

The report said that the Indian economy will bounce back in 2021-’22 with a growth rate of around 6%.

The IMF also said that the world economy will experience an even deeper recession in 2020-’21. It will contract by 4.9% in 2020-’21.

The United States economy will contract by a whopping 8%, the IMF said.

NATIONAL

Government approves 2% interest subsidy to ‘Shishu’ borrowers under Mudra Yojna

The government announced a 2% interest subvention to borrowers under the ‘Shishu’ category of the flagship Pradhan Mantri MUDRA Yojana (PMMY).

Under the Shishu category, collateral free loans of up to 50,000 will be given to beneficiaries.

Launched in 2015, the Pradhan Mantri MUDRA Yojana provides loans up to 10 lakh to non-corporate, non-farm small/micro enterprises.

These loans are classified as MUDRA loans under PMMY.

Commercial banks, RRBs, small finance banks, MFIs and NBFCs provide MUDRA loans.

NITI Aayog launched Behaviour Change Campaign Navigating the New Normal and Website

NITI Aayog, in partnership with Bill and Melinda Gates Foundation (BMGF), Centre for Social and Behavioural Change (CSBC), Ashoka University, and the Ministries of Health and Ministry of Women and Child Development launched a behaviour change campaign called ‘Navigating the New Normal’, and its website on 25 June. Around 92,000 Non-Governmental Organisation (NGOs) and civil society organizations (CSOs) working with NITI Aayog participated in the virtual launch via a webcast.

The campaign focuses on COVID-19-safe behaviours, especially wearing masks, during the ‘Unlock’ phase of the ongoing pandemic.

The campaign & website was developed under the guidance of Empowered Group 6, constituted by the Government of India and chaired by CEO, NITI Aayog.

Dr. Harsh Vardhan launched eBloodServices Mobile App

Union Minister of Health & Family Welfare Dr. Harsh Vardhan launched the ‘eBloodServices’ mobile App on 25 June 2020 through video conferencing. The app was developed by the Indian Red Cross Society (ICRS). The Union Health Minister is the Chairman of the Indian Red Cross Society.

eBloodServices Mobile App is developed by the E-Raktkosh team of Centre for Development of Advanced Computing (CDAC) under the Digital India scheme launched by Prime Minister Shri Narendra Modi in 2015.

This Blood Donation App is a prime example of how the Digital India Scheme is serving the need for accessing blood services.

Through this App, four units of blood can be requisitioned at a time and the blood bank will wait for as long as 12 hours for the person to collect it.

This app makes it easy for those in need to request for Blood units at IRCS NHQ.

Amid the COVID-19 pandemic, the Mobile App will provide succor to all those who direly require blood.

The NHQ Blood Bank conducted 55 blood donation camps collecting 2896 units of blood. A total of 5221 units were collected during the lockdown period.

Researchers finds new biomolecules to fight drug resistance in Kala-azar

Researchers at the Department of Biotechnology’s National Centre for Cell Science (DBT-NCCS) in Pune discovered new biomolecules to fight drug resistance in Kala-azar exploring ways to tackle miltefosine resistance.

The researchers worked with one of the species of Leishmania that causes infection, called Leishmania major. The researchers manipulated the transporter proteins in the species in a manner that would result in increased uptake of the drug and decrease in its being thrown out of the parasite’s body.

The researcher used a computational method to design small molecules, called peptides, that could very specifically interact with the transporter proteins of L. major alone, and not interfere with human proteins in any way.

Specific types of protein molecules called transporter proteins to play a major role in carrying miltefosine into and out of the parasite’s body, which comprises a single cell.

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