Top Best Current Affairs 23 May 2020 (2)

PM Narendra Modi & Chief Minister Mamata Banerjee jointly conducted the survey of areas affected by Cyclone Amphan on May 22, 2020. After conducting the aerial survey of the areas, PM Modi allocated Rs 1000 crore as immediate assistance to West Bengal to recover from its loses. The devastating Cyclone Amphan made landfall in West Bengal on May 20, 2020 and damaged several parts of the states including capital Kolkata.

International Day for Biological Diversity is observed on 22 May. The day to increase understanding and awareness of biodiversity issues. It calls people to re-examine human relationship to the natural world.The theme for 2020 International Day for Biological Diversity is "Our solutions are in nature". The theme emphasizes hope, solidarity, and the importance of working together at all levels to build a future of life in harmony with nature.

Tata Power announced that its subsidiary Tata Power International Pte Ltd(TPIPL) has acquired a 10% stake in Adjaristsqali Netherlands BV(ABV) from the International Finance Corporation for USD 150,000. The increase in stake has increased TPIPL's shareholding in ABV to 50%.

The Textiles Ministry recently announced that India has become the second largest manufacturer of Personal Protective Equipment body suits in just two months. The number one spot is ruled by China. The PPE body coveralls or suits are essential for protection against the COVID-19 especially for healthcare personnel.

World Day for Cultural Diversity for Dialogue and Development is observed on 21 May. The day celebrates the richness of the world's cultures and the essential role of intercultural dialogue for achieving peace and sustainable development. The day aims to promote culture and highlight the significance of its diversity as an agent of inclusion and positive change.

In a bid to boost digital transactions and move towards a less-cash economy, the Central Board of Direct Taxes , a statutory authority functioning under the Department of Revenue in the Ministry of Finance, has exempted firms with a turnover of over 50 crore & engaged in business-to-business transactions, from the requirement of accepting payments only by e-payments facilities using debit cards powered by RuPay or BHIM-UPI.

US President Donald Trump recently announced about his plans to withdraw from the Open Skies Treaty signed with Russia after around 18 years. The treaty was signed in 2002 to enhance military transparency. President Trump claimed that Russia has not stuck to its role as per the deal. The treaty has 35 signatories.

Madhya Pradesh State Government is to launch Everybody will get employment scheme. The scheme will be inaugurated by Madhya Pradesh CM Shivraj Singh Chouhan through video conferencing. Under this scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) job cards will be distributed to the labourers.