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Publish Places of work offering fundamental companies throughout lock down 

The Publish Places of work are offering fundamental postal and monetary companies within the wake of the 21-day lockdown introduced by the Union Authorities. This was knowledgeable by the Ministry of Communications on March 27, 2020.
The postal places of work are giving precedence to supply of important gadgets.
The submit places of work are additionally permitting withdrawal and deposit underneath Publish Workplace Financial savings Financial institution and India Publish Funds Financial institution.
Moreover this, services corresponding to Aadhar Enabled Cost System and ATM facility are additionally out there in submit places of work for withdrawal of cash from any checking account. 

Excessive-level committee approves Rs. 5,751 crore price fund for eight states

A high-level committee, chaired by Dwelling Minister Amit Shah has authorized funds price Rs 5,751 crore to eight states for calamity injury aid.
The extra centre assistanmce has been authorized underneath the Nationwide Catastrophe Response Fund.
They are going to be given to eight states that had been affected by drought, floods, landslides and cyclones in 2019. 
The states embody Kerala, Bihar, Nagaland, Odisha, Maharashtr, Rajasthan, West Bengal and Karnataka.

IIT Gandhinagar launches Challenge ‘Isaac’ 

The Indian Institute of Know-how, Gandhinagar (IITGN) has launched ‘Challenge Isaac’ to have interaction college students in artistic initiatives throughout the COVID-19 lockdown.
The mission goals to reinforce the scholar’s abilities whereas they’re confined of their houses. 
The mission is impressed by Sir Isaac Newton, who was equally despatched house because of the Nice Plague of London in 1665.
Throughout that yr, Newton had devloped a few of his most important discoveries together with early calculus and his theories of gravity and optics. 

India’s GDP progress slashed to 2.5 % in 2020

Moody’s Buyers Service on March 27, 2020 lowered India’s GDP progress in 2020 to 2.5 % from the sooner estimate of 5.three %.
Moody’s mentioned that the COVID-19 pandemic will trigger unprecedented shock to the worldwide financial system together with the Indian financial system.
It mentioned in its International Macro Outlook 2020-21 that India will see a pointy fall in incomes at an estimated 2.5 % progress fee.


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