One liner for english

One liner for english

1. MSMEs Launched Funding Scheme “Distressed Assets Fund–Sub-ordinate Debt for MSMEs” to Help the Distressed MSME Sector.

2. India Retains its Position as 3rd-largest Economy on PPP basis for 2017; China Tops: World Bank Data.

3. India Committed USD 10 mn to UNRWA Over Next 2 Years During Extraordinary Virtual Ministerial Pledging Conference.

4. Covid-19 to Push Additional 120 Million Children into Poverty in South Asian Region: UNICEF Report.

5. India Became 12th Largest Holder of US govt Securities with Holdings of $157.4 bn in April end 2020; Japan tops.

6. World’s First Gold-backed US Digital Gold Currency Launched in India, GCC, Middle East and Africa by IBMC.

7. In accordance with the India Ratings and Research (Ind-Ra), India’s Gross Domestic Product (GDP) is likely to shrink by 5.3% in FY20-21, the lowest GDP growth in the Indian history. It will contract in each quarter in FY21 (April 2020 to March 2021). For FY21-22, it is expected that GDP growth would bounce back in the range of 5-6%.

8. Maharashtra Culture Minister Amit Deshmukh announced that Vithabai Narayangaokar lifetime achievement award 2018-19 will be conferred upon the senior tamasha (folk art) artist, Gulabbai Sangamnerkar.

9. Adani Power Ltd (APL) has signed an agreement to acquire the 49% of stake (a total of 89,30,237 equity shares) in Odisha Power Generation Corporation(OPGC) from the affiliates of the US-based global energy company, AES Corporation(AES) for USD 135 million (around Rs 1,019 crore).

10. Through the virtual platform, Jitendra Singh (Union Minister of State for Development of North Eastern Region I/C) had inaugurated Border Roads Organisation(BRO) constructed bridges- Devika and Puneja.

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