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Important Current Affairs 17th April 2020

National

Government sets foodgrain production target at 298.3 mb tons for 2020-21 crop year

• The agriculture ministry has set a target to increase foodgrain production to record 298.3 million tonnes in the 2020-21 crop year (July-June). This is more by 6.35 million tonnes from the previous years’ estimate.

• To be bifurcated, the target is 149.92 million tonnes of foodgrain production in the Kharif (summer) season and 148.4 million tonnes in the rabi (winter) season.

• The foodgrain output in the 2019-20 crop year is estimated at 291.95 million tonnes.

Finance Minister attends 2nd G20 Finance Ministerial Meeting

• Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman represented India in the virtual session of the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.

• The 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was held under the presidency of Saudi Arabia.

International

South Korean President’s party wins absolute majority in Parliamentary Elections

• South Korean President, Moon Jae-in’s party won an absolute majority in the recent Parliamentary Elections.

• Moon Jae-in’s left-leaning Democratic party and its allies won 180 seats in the 300-member National Assembly, while the conservative opposition coalition won 103 seats. The Democratic party has 120 seats currently.

• The provisional results were released by the National Election Commission on April 16, 2020.

Banking and Economy

Goldman Sachs downgrades India from ‘overweight’ to ‘marketweight’

• Goldman Sachs has downgraded its stance on the Indian market from ‘overweight’ to ‘marketweight’ due to “delayed recovery and extended valuations.”

• Golman Sachs says that the domestic equities could underperform, unless India unleashes a big stimulus package.

Awards

Viswanathan Anand Joins WWF India As Ambassador For Environment Education

• Five-time world chess champion Viswanathan Anand has joined WWF (World Wide Fund) India as its ambassador for environment education programme.

• WWF India is celebrating its 50 years of conservation in India and it is delighted to see Anand lend his support to conservation and protection of the environment. 

• In the midst of the coronavirus pandemic, governments, development organisations, corporates and individuals around the world are doing their bit to prevent the spread of the disease.     

Obituary

Actor Ranjit Chowdhry passes away

• Actor-writer Ranjit Chowdhry passed away at the age of 65 years on April 15, 2020 in Mumbai. He was the son of veteran theatre artiste Pearl Padamsee and stepson of Theatre and ad world stalwart Alyque Padamsee.

• Chowdhry will be remembered for his roles in Hrishikesh Mukherjee's 'Khubsoorat', Mira Nair's 'Mississippi Masala' starring Denzel Washington, Basu Chatterjee's 'Khatta Meetha' and 'Baton Baton Mein'.

National Football League’s Hall of Famer Willie Davis Passes Away at 85

• Former American football defensive player, Willie Davis, passed away. He was 85.

• Davis was inducted into the National Football League’s Pro Football Hall of Fame in 1981.He spent 12 seasons in the National Football League (NFL) and played for the Cleveland Browns (1958-59) and the Green Bay Packers (1960-69).

• Davis become the first African-American captain in Green Bay Packers’ history in 1965.

Sports

BCCI suspends IPL 2020 indefinitely

• The Indian Premier League (IPL) governing council of the Board of Control for Cricket in India (BCCI) has decided that the IPL 2020 Season will be suspended till “further notice”. 

•  The IPL was set to start on March 29 and end on May 24, but it was first postponed till April 15.

Appointments and Resignations

BSNL CMD P K Purwar takes additional charge of MTNL

• P. K. Purwar, the chairman and managing director of BSNL has been given the additional charge as CMD of Mahanagar Telephone Nigam Limited.

• He has been given the additional charge w.e.f April 13, 2020. In the last 6 years, this is the third time that Purwar has been given charge of MTNL CMD.

Days

World Hemophilia Day

• World Hemophilia Day is an international day held annually on April 17 to raise awareness for hemophilia and other bleeding disorders and bring understanding and attention for proper care for these rare inherited bleeding disorders community.

• The theme of World Hemophilia Day 2020 is “Get+involved”.

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