Current Affairs 8th May2020



1.Iran introduces new currency “Toman” to tackle Inflation

Iran’s parliament has passed a bill allowing the government to slash four zeroes from the trial,after a sharp fall in the value of the currency because of crippling U.S. sanctions.
Under the bill,Irans’s national currency will be changed from the rial to Toman,which is equal to 10,000 rials.
The currency ‘rial’ has been devalued 3,500 times since 1971.The move will help in improving the financial status of the country along with easy transactions and calculations.
2.Impact of energy efficiency measures for the year 2018-19 report released

Ministry of Power and New & Renewable Energy released report  Impact of energy efficiency measures for the year 2018-19”

This report was prepared by an expert agency Pwc Ltd , to evaluate the performance and impact of all the key energy efficiency programmes in india.
The total energy savings in 2018-19 is 2.69% of the total primary energy supply during 2018-19.Reports suggest that various energy efficiency schemes have led to electricity savings.
3.SC says cooperative banks on a par with other lenders under Sarfaesi Act
Supreme  Court has held that cooperative banks involved in banking service within ‘banking company’ and Parliament  has  legislative  competence  to provide for procedure for recovery of loan under the SARFAESI Act.The judgment came due to conflicting decisions by high courts on this issue.  The judgement was delivered by 5-judge bench headed by Justice Arun Mishra. Recognizing cooperative banks to have SARFAESI rights will help in handling defaults
4.Styrene gas leaked from LG Polymers Plant in Vishakhapatnam
A gas  leak, reminiscent of the 1984 Bhopal tragedy, has affected around 5000 of residents in 5 villages in Visakhapatnam, Andhra Pradesh.
The source of the leak was a styrene plant owned by South Korean electronics giant LG, located at RRV Puram near Gopalapatnam m
Styrene is a flammable liquid that is used in the manufacturing of polystyrene plastics, fiberglass, rubber, and latex.
It can affect respiratory system, central nervous system along with other diseases.
5.MoHFW launches ‘AYUSH Sanjivani’ App
                  Harsh Vardhan, MoHFW launched the ‘AYUSH Sanjivani’ App and 2 AYUSH based COVID19 studies.
                  The app will help to generate data on acceptance and usage of AYUSH advocacies, measures and its impact in COVID 19 prevention.
It is developed by Ministry of AYUSH and MEITY with target of 50 lakh people.
 In addition to the App, collaborative clinical research study on Ayurveda interventions as prophylaxis and as an add-on to standard care to  COVID 19    were  also launched.
  6. Union HRD Minister announces modifications in PMRF Scheme to boost research
Union   Human   Resource   Development   Minister   Ramesh   Pokhriyal   'Nishank' announced various amendments in Prime  Ministers  Research  Fellowship  Scheme (PMRF) to boost research in the country.
 Under this, the requirement of GATE Score is reduced to 650 from 750 apart from minimum CGPA of 8 or equivalent.
 A dedicated "Research and Innovation Division" has been created.
It will improve the quality of research in various higher educational institutions in the country
  7.NCSTC-GUJCOST Webinar Series to be organized
National Council for Science & Technology Communication (NCSTC) and Gujarat Council of Science & Technology (GUJCOST) will be organizing a Webinar Series on ‘Science Communication in the Time of COVID-19’.
The webinar will be held from 10 to 16 May 2020 everyday between 10-11 a.m and would be accessible online through internet.
The webinar would address ways of tackling the current pandemic by applying various methods and means.
It will also spread awareness.
8.JNCASR fabricates energy-efficient photodetector for security application
             Scientists from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have fabricated an economical and energy-efficient            wafer-scale  photodetector  (thin slice-based) using gold-silicon interface for security applications.
             It could help detect weak scattered light as an indication of unwanted activity.
         The detector is quick, highly economical and enabled large-area fabrication without compromising the detector response.
9.World Red Cross Day being observed today
       World Red Cross Day or Red Crescent Day is observed on 8th May by the Red Cross society across all the countries.
    World Red Cross Society provides for food shortages, natural disasters, wars as well as disease of an epidemic.
    This  date  marks  the  birth   anniversary   of   Henry   Dunant   (Nobel   Peace   Prize recipient), who is the founder of the International Committee of      the Red Cross (ICRC)
10.Madhya Pradesh develops Unique vehicle ‘Sanjeevani’
A unique vehicle ‘Sanjeevani’ has been developed at the local level in Madhya Pradesh.
The vehicle will help health workers to investigate any suspected patients without coming into the contact of him.
This  unique  vehicle  is  designed  at  the  initiative  of  Rajnagar  administration  of Chhatarpur district.

It does not even require PPE kit.

11.Delhi Govt launches e-token system for liquor sale
Delhi Government launched e-token system for liquor sale in the national capital to ensure social distancing and to stop overcrowding.
The decision was taken to encourage people to avoid long queues by applying for an e-token with time slot at any nearby shop to buy liquor.
   Any person can apply for an e-token through the link qtoken.in.
  Name and phone number will be required while applying and the e-token will be sent at the registered mobile number.
12.Defence Minister inaugurates Link Road to Kailash Mansarovar
Defence Minister Rajnath Singh today inaugurated the Link Road to Kailash Mansarovar via video conferencing.
The link road connects Dharchula to Lipulekh, China Border which is known as Kailash-Mansarovar Yatra Route.
The road has been constructed by Border Roads Organization (BRO).
The Minister also flagged off a convoy of vehicles from Pithoragarh to Gunji





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