Top Best Current Affairs 27 May 2020 (2)

The Pradhan Mantri Matsya Sampada Yojana has announced its plan to enhance fish production to 220 lakh metric tons by 2024-25 from 137.58 lakh MT in 2018-19 at an average annual growth rate of about 9%. The announcement was made by the Union Minister for Fisheries, Animal Husbandry and Dairying Giriraj Singh.

Union Minister for Road Transport & Highways and MSMEs Nitin Gadkari inaugurated the Chamba Tunnel in Uttarakhand under Chardham Pariyojana through video conference mode on 26 May 2020. The tunnel was constructed by the Border Roads Organisation amid the COVID-19 pandemic.

Uttarakhand became the 1st state to release a report highlighting its conservation efforts to save over 1,100 rare plants from extinction. The project aims at Germplasm conservation so that species remain conserved with the forest department & also to promote conservation of plant species among the general public so as to end plant blindness. The report is one of the largest repositories of conserved plants & is carried out by the research wing of the state forest department.

In accordance with the World Steel Association (worldsteel) monthly crude steel report for April 2020, India's crude steel output declined by 65.2% to 3.137 million tonnes (MT) during April, 2020 in comparison to the 9.021 MT of crude steel production in April 2019. The key reason behind this decrease is the nationwide lockdown imposed on March 25, 2020 to contain the COVID-19 spread.

Mizoram sports minister Robert Romawia Royte informed that the state cabinet has cleared the proposal of the Sports and Youth Service department to grant sports an industry status to boost the sports sector, generate employment, increase value of sports & to attract private companies to invest in sports which will benefit in terms of subsidy, loans and concessions. It becomes the 1st state to do so.

Fintech startup Zaggle informed that it has partnered with payments technology major Visa to launch innovative payment solutions for Small and Medium Enterprises(SMEs) and startups so as to enhance productivity, efficiency, automate processes, reduce costs & focus on easy and fast credit with a unique card which will have forex, prepaid & credit.

REC Foundation, the CSR arm of REC Limited, has tied up with TajSATS, a joint venture of IHCL and SATS Ltd, to distribute specially-made nutritious meal packets for medical staff in Safdarjung Hospital, New Delhi. Under this tie-up, every day, 300 food packets are being delivered to the frontline healthcare warriors of New Delhi. REC Limited, formerly Rural Electrification Corporation Limited, was established in 1969. The NBFC is focusing on Power Sector Financing and Development across India. It provides financial assistance across the power sector value chain.

Former World Top 25 and US tennis star Jamie Hampton announced her retirement from professional tennis at the age of 30 due to the injuries she suffered during the last six years. The Alabama player reached heights in her career in 2013 by reaching a world rank of 24.