Sewage Surveillance To Estimate Coronavirus Spread 38. Share this. Catastrophe Containment and Relief Trust (CCRT) 31. The Oxford Committee for Famine Relief (OXFAM) report on ‘Income Inequalities in India’, 2019, brought forth some eye-opening findings on asymmetrical developmental paradigm in India. The fund currently has $500 million, with Japan, Britain, China and the Netherlands among its main contributors E-platform To Train Covid Warriors 39. Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. You can send a message via MyClaim or email the claims department at Claims@Claims.Allstate.com with your claim number in the subject line. SAMADHAN Challenge 37. The Prime Minister is the chairman of the trust. The Hindu Editorial Analysis of 18 March 2020 from Daily Current Affairs News in India for IAS/UPSC Civil Services 2020 Exam Preparation. 1st FEB ECONOMY Note ban a radical measure: CEA 1 INTERNATIONAL RELATION changes in H-1B visa on the anvil 1 SECURITY fake Rs 2000 notes have 50% of security features 1 INTERNATIONAL RELATION Russia makes big military … It was established in February 2015 during the Ebola outbreak and modified in March 2020 in response to the Covid-19 pandemic. He had moved the apex court seeking a direction to use the amount specifically for the travel of the migrant workers from Mumbai to Uttar Pradesh. Kerala. The IMF's Catastrophe Containment and Relief Trust cancelled nearly $100 million in debt owed by Ebola-impacted West African nations Published: 1/2/2015 Modified: 29/12/2017. Please use the following to spread the word: APA All Acronyms. The India International University of Legal Education and Research of the Bar Council of India Trust at Goa, Ordinance, 2021. Delhi Corona app. The name, composition of the trust, control, usage of emblem, government domain name everything signifies that it is a public authority. Hurricane Katrina left many challenges and troubles in its wake, including a regional health care crisis. Global Health Strategies (GHS), The Leprosy Mission Trust India (TLMTI) and National Centre for Promotion of Employment for Disabled People ... containment, and relief efforts against the coronavirus outbreak and similar pandemic-like situations in the future. Syllabus—GS3: Agriculture related issues. The PM is the chairman of the trust. The Central government has so far followed a mostly top-down approach in tackling the COVID-19 pandemic.During lockdowns 1.0, 2.0 and 3.0, the … In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. The relief on debt service payments frees up additional resources to meet exceptional balance of payments needs created by the disaster and for containment and recovery. Disaster Management Act What to study? Post your INSTA Revision Test score as well as your answers for the below Mains Questions in the Comments section for review. Here are the important Current Affairs Today 25th March 2020. April 9, 2021. For Prelims: Key provisions, powers given to the centre and states under the act. Purpose of the CCR Trust. In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. Also, GS 2 syllabus of the IAS Mains contains topic on international organizations. Amphan made landfall on … Grants for debt relief – The IMF has extended debt service relief through the Catastrophe Containment and Relief Trust (CCRT) to 29 of its poorest and most vulnerable member countries on … New Orleans's Economics current affairs for UPSC general studies paper. The fund will also enable micro-donations. Context: In the 68 days since the nationwide lockdown was imposed to combat the COVID-19 pandemic, the … Continue reading … ₹3,100 crore from PM CARES allocated for COVID-19 relief INTERNATIONAL RELATIONS 1. Upsc prelims 2021 is rescheduled to 10th Oct 2021. As of February 2021, the The IMF has received 107 requests for financing, of which 77 have been approved worth SDR 60.4 billion and 30 worth SDR 37.2 billion are pending. It had revamped the Catastrophe Containment and Relief Trust to provide grants to cover debt payments for 6 months. GS-1 Mains . Purpose The Catastrophic Incident Annex to the National Response Framework(NRF-CIA) establishes the context and overarching strategy for implementing and coordinating an accelerated, proactive national response to a catastrophic incident. The aim was to achieve this by 2045. National Disaster Response Fund is defined in Section 46 of the Disaster Management Act, 2005 (DM Act) as a fund managed by the Central Government for meeting the expenses for emergency response, relief and rehabilitation due to any threatening disaster situation or disaster. ; Senior foreign ministry officials from the Quad nations have met bimonthly, the grouping has also convened at the ministerial level and formed the basis for a tabletop exercise The CSIS Alliances and American Leadership … MaryKay Carlson. The PM is the chairman of the trust. For a trust which is created and run by 4 cabinet ministers in their ex-officio capacities, denying the status of ‘public authority’ is a big blow to transparency and not to mention our democratic values. In News, recently the central government has launched the PM-CARES for children Scheme. 02 Jun 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related GEOGRAPHY 1. Pulses, oilseeds see sharp hike in MSP 2. The hotspots were managed through an active survey and containment plan. Afghanistan is on the brink of catastrophe, and it is US President Joe Biden’s fault. The exam will be held in two shifts. The twin crises have, however, strained the capacities of multiple States, especially the coastal ones, although the impact of the storm was considerably mitigated by disaster response forces. Topics Covered: Disaster and disaster management. The fund will also enable micro-donations. The examination will be organised tomorrow in offline mode as per the schedule and there is no news regarding the postponement of the examination till now. Daporjio Bridge 33. The eastern Indian city of Kolkata has been devastated by a powerful cyclone which has killed at least 84 people across India and Bangladesh. The cyclone barreled through coastal districts of West Bengal, unleashing copious rain and windstorm, blowing away thatched houses, uprooting trees, electric poles and … Dollar Swap 32. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. A catastrophe bond (CAT) is a high-yield debt instrument designed to raise money for companies in the insurance industry in the event of a natural disaster. It is a leaders-led forum with informality built into it. Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. 24×7 Query:- 24 × 7 Support : 8287714422 On 13 April 2020, the IMF said that it "would provide immediate debt relief to 25 member countries under its Catastrophe Containment and Relief Trust (CCRT)" programme. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. However, even these exports fall short of the $60 billion target that govt set out to achieve by 2022. India imports methanol from Saudi Arabia and Iran at present. The new trust allows the IMF to join international debt relief efforts when poor countries are hit by the In December 2019, a few weeks before the world became aware of the COVID-19 catastrophe, the European Union … AL-2021-01, IRS announces tax relief for victims of severe storms, straight-line winds, and tornadoes in Alabama KY-2021-01, IRS announces tax relief for Kentucky victims of severe storms, flooding, landslides and mudslides. If additional damage is found during the repair process, you must contact your Claims team member immediately to report the damages. (For Prelims, Mains and Interview- About Coronaviruses (COVID­19), common types of coronaviruses, symptoms, diseases caused by this, spread and treatment, what is community transmission of the virus means, impact of lockdown on various sections, demography of COVID-19 in India and containment strategy of the government, concerns and way forward. CATASTROPHE CONTAINMENT AND RELIEF TRUST No respite to the shipping crisis and that’s bad news for Indian SMEs In India, October is the onset of the holiday season, similar to that in the US. Monsoon hits Kerala with cyclone in the background B. GS 2 Related HEALTH 1. disaster or catastrophe. Members will include the defence, home and finance ministers. The debt relief will be funded by the IMF’s Catastrophe Containment and Relief Trust (CCRT), which was first set up to combat the West Africa Ebola outbreak in 2015 and has been repurposed to help countries fend off COVID-19. Remote Monitoring of Covid-19 35. ; It is usually held just after the second ASEAN summit of the year when the ASEAN also meets its dialogue partners, including India. The Fund for Natural Disasters (FONDEN) in Mexico. The Catastrophe Containment and Relief Trust (CCRT) allows the IMF to provide grants for debt relief for the poorest and most vulnerable countries hit by catastrophic natural disasters or public health disasters. Aadhar linking of ration cards. For Mains: Significance and relevance of these measures, need for and implications. Once again, the value of creating a trained cadre, supported by the defence forces in rescue and relief work, is seen. $3.6 mn in U.S. funding to Indian labs may be delayed 3. QUESTION : The Ilbert Bill controversy was not an isolated phenomenon from British Racist approach and this undermined the dignity of the individual and in fact it was the culmination of that. The IMF's revamped Catastrophe Containment and Relief Trust (CCRT) enables the IMF to deliver grants for debt relief benefitting eligible low-income countries in the wake of catastrophic natural disasters and major, fast-spreading public health emergencies. Interest payments will keep accumulating and result in … 14 May 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. 24×7 Query:- 24 × 7 Support : 8287714422 The CCRT can currently provide about $500 million in grant-based debt service relief. Press Information Bureau (PIB) IAS UPSC – 10th May to 17th May – 2020. The IMF Catastrophe Containment and Relief (CCR) Trust. Malabar exercise helps ensure that India, Japan, US are ready to protect shared interests in the Indo-Pacific. The Fund also has a Catastrophe Containment and Relief Trust (CCRT), which provides eligible countries with upfront grants for relief on IMF debt service. Background:-. Building on the trust in the political system between India and Japan and their increasingly converging interests, the two countries, under Modi and Abe, looked to offer alternatives in the Indian Ocean and Southeast Asia. Date:11-07-17. (250 words) 2. In 2019, the top five largest spenders — U.S. ($732 bn), China ($261 billion), India ($71.1 billion), Russia ($65.1 bn) and Saudi Arabia ($61.9 bn) — accounted for 62% of the global expenditure. It can now provide $500 million in grants and is funded by countries like Japan, Germany, UK and China. Have you found the page useful? CCR - Catastrophe Containment and Relief. Catastrophe Containment And Relief Trust—Approval Of Grant Assistance For Debt Service Relief This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Containment and Relief Trust (CCRT), in line with the new QPHD test approved by the … by Team NEXT IAS June 4, 2020. April 2021 : The Hindu Editorials Summary Compilation for Civil Services Index. A relevant shift from previous year has been the absence of subsections to a question and so the word limit has come down but at the same time vagueness and complexity of the question has increased substantially. In a real sense, the WHO. Catastrophe Containment and Relief Trust. The purpose of debt relief under the CCR Trust is to free up resources to meet exceptional balance of payments needs created by the disaster rather than having to assign those resources to debt service. Iron Curtain speech, speech delivered by former British prime minister Winston Churchill in Fulton, Missouri, on March 5, 1946, in which he stressed the necessity for the United States and Britain to act as the guardians of peace and stability against the menace of Soviet communism, which had lowered an “ iron curtain” across Europe. 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Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. You can send a message via MyClaim or email the claims department at Claims@Claims.Allstate.com with your claim number in the subject line. SAMADHAN Challenge 37. The Prime Minister is the chairman of the trust. The Hindu Editorial Analysis of 18 March 2020 from Daily Current Affairs News in India for IAS/UPSC Civil Services 2020 Exam Preparation. 1st FEB ECONOMY Note ban a radical measure: CEA 1 INTERNATIONAL RELATION changes in H-1B visa on the anvil 1 SECURITY fake Rs 2000 notes have 50% of security features 1 INTERNATIONAL RELATION Russia makes big military … It was established in February 2015 during the Ebola outbreak and modified in March 2020 in response to the Covid-19 pandemic. He had moved the apex court seeking a direction to use the amount specifically for the travel of the migrant workers from Mumbai to Uttar Pradesh. Kerala. The IMF's Catastrophe Containment and Relief Trust cancelled nearly $100 million in debt owed by Ebola-impacted West African nations Published: 1/2/2015 Modified: 29/12/2017. Please use the following to spread the word: APA All Acronyms. The India International University of Legal Education and Research of the Bar Council of India Trust at Goa, Ordinance, 2021. Delhi Corona app. The name, composition of the trust, control, usage of emblem, government domain name everything signifies that it is a public authority. Hurricane Katrina left many challenges and troubles in its wake, including a regional health care crisis. Global Health Strategies (GHS), The Leprosy Mission Trust India (TLMTI) and National Centre for Promotion of Employment for Disabled People ... containment, and relief efforts against the coronavirus outbreak and similar pandemic-like situations in the future. Syllabus—GS3: Agriculture related issues. The PM is the chairman of the trust. The Central government has so far followed a mostly top-down approach in tackling the COVID-19 pandemic.During lockdowns 1.0, 2.0 and 3.0, the … In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. The relief on debt service payments frees up additional resources to meet exceptional balance of payments needs created by the disaster and for containment and recovery. Disaster Management Act What to study? Post your INSTA Revision Test score as well as your answers for the below Mains Questions in the Comments section for review. Here are the important Current Affairs Today 25th March 2020. April 9, 2021. For Prelims: Key provisions, powers given to the centre and states under the act. Purpose of the CCR Trust. In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. Also, GS 2 syllabus of the IAS Mains contains topic on international organizations. Amphan made landfall on … Grants for debt relief – The IMF has extended debt service relief through the Catastrophe Containment and Relief Trust (CCRT) to 29 of its poorest and most vulnerable member countries on … New Orleans's Economics current affairs for UPSC general studies paper. The fund will also enable micro-donations. Context: In the 68 days since the nationwide lockdown was imposed to combat the COVID-19 pandemic, the … Continue reading … ₹3,100 crore from PM CARES allocated for COVID-19 relief INTERNATIONAL RELATIONS 1. Upsc prelims 2021 is rescheduled to 10th Oct 2021. As of February 2021, the The IMF has received 107 requests for financing, of which 77 have been approved worth SDR 60.4 billion and 30 worth SDR 37.2 billion are pending. It had revamped the Catastrophe Containment and Relief Trust to provide grants to cover debt payments for 6 months. GS-1 Mains . Purpose The Catastrophic Incident Annex to the National Response Framework(NRF-CIA) establishes the context and overarching strategy for implementing and coordinating an accelerated, proactive national response to a catastrophic incident. The aim was to achieve this by 2045. National Disaster Response Fund is defined in Section 46 of the Disaster Management Act, 2005 (DM Act) as a fund managed by the Central Government for meeting the expenses for emergency response, relief and rehabilitation due to any threatening disaster situation or disaster. ; Senior foreign ministry officials from the Quad nations have met bimonthly, the grouping has also convened at the ministerial level and formed the basis for a tabletop exercise The CSIS Alliances and American Leadership … MaryKay Carlson. The PM is the chairman of the trust. For a trust which is created and run by 4 cabinet ministers in their ex-officio capacities, denying the status of ‘public authority’ is a big blow to transparency and not to mention our democratic values. In News, recently the central government has launched the PM-CARES for children Scheme. 02 Jun 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related GEOGRAPHY 1. Pulses, oilseeds see sharp hike in MSP 2. The hotspots were managed through an active survey and containment plan. Afghanistan is on the brink of catastrophe, and it is US President Joe Biden’s fault. The exam will be held in two shifts. The twin crises have, however, strained the capacities of multiple States, especially the coastal ones, although the impact of the storm was considerably mitigated by disaster response forces. Topics Covered: Disaster and disaster management. The fund will also enable micro-donations. The examination will be organised tomorrow in offline mode as per the schedule and there is no news regarding the postponement of the examination till now. Daporjio Bridge 33. The eastern Indian city of Kolkata has been devastated by a powerful cyclone which has killed at least 84 people across India and Bangladesh. The cyclone barreled through coastal districts of West Bengal, unleashing copious rain and windstorm, blowing away thatched houses, uprooting trees, electric poles and … Dollar Swap 32. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. A catastrophe bond (CAT) is a high-yield debt instrument designed to raise money for companies in the insurance industry in the event of a natural disaster. It is a leaders-led forum with informality built into it. Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. 24×7 Query:- 24 × 7 Support : 8287714422 On 13 April 2020, the IMF said that it "would provide immediate debt relief to 25 member countries under its Catastrophe Containment and Relief Trust (CCRT)" programme. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. However, even these exports fall short of the $60 billion target that govt set out to achieve by 2022. India imports methanol from Saudi Arabia and Iran at present. The new trust allows the IMF to join international debt relief efforts when poor countries are hit by the In December 2019, a few weeks before the world became aware of the COVID-19 catastrophe, the European Union … AL-2021-01, IRS announces tax relief for victims of severe storms, straight-line winds, and tornadoes in Alabama KY-2021-01, IRS announces tax relief for Kentucky victims of severe storms, flooding, landslides and mudslides. If additional damage is found during the repair process, you must contact your Claims team member immediately to report the damages. (For Prelims, Mains and Interview- About Coronaviruses (COVID­19), common types of coronaviruses, symptoms, diseases caused by this, spread and treatment, what is community transmission of the virus means, impact of lockdown on various sections, demography of COVID-19 in India and containment strategy of the government, concerns and way forward. CATASTROPHE CONTAINMENT AND RELIEF TRUST No respite to the shipping crisis and that’s bad news for Indian SMEs In India, October is the onset of the holiday season, similar to that in the US. Monsoon hits Kerala with cyclone in the background B. GS 2 Related HEALTH 1. disaster or catastrophe. Members will include the defence, home and finance ministers. The debt relief will be funded by the IMF’s Catastrophe Containment and Relief Trust (CCRT), which was first set up to combat the West Africa Ebola outbreak in 2015 and has been repurposed to help countries fend off COVID-19. Remote Monitoring of Covid-19 35. ; It is usually held just after the second ASEAN summit of the year when the ASEAN also meets its dialogue partners, including India. The Fund for Natural Disasters (FONDEN) in Mexico. The Catastrophe Containment and Relief Trust (CCRT) allows the IMF to provide grants for debt relief for the poorest and most vulnerable countries hit by catastrophic natural disasters or public health disasters. Aadhar linking of ration cards. For Mains: Significance and relevance of these measures, need for and implications. Once again, the value of creating a trained cadre, supported by the defence forces in rescue and relief work, is seen. $3.6 mn in U.S. funding to Indian labs may be delayed 3. QUESTION : The Ilbert Bill controversy was not an isolated phenomenon from British Racist approach and this undermined the dignity of the individual and in fact it was the culmination of that. The IMF's revamped Catastrophe Containment and Relief Trust (CCRT) enables the IMF to deliver grants for debt relief benefitting eligible low-income countries in the wake of catastrophic natural disasters and major, fast-spreading public health emergencies. Interest payments will keep accumulating and result in … 14 May 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. 24×7 Query:- 24 × 7 Support : 8287714422 The CCRT can currently provide about $500 million in grant-based debt service relief. Press Information Bureau (PIB) IAS UPSC – 10th May to 17th May – 2020. The IMF Catastrophe Containment and Relief (CCR) Trust. Malabar exercise helps ensure that India, Japan, US are ready to protect shared interests in the Indo-Pacific. The Fund also has a Catastrophe Containment and Relief Trust (CCRT), which provides eligible countries with upfront grants for relief on IMF debt service. Background:-. Building on the trust in the political system between India and Japan and their increasingly converging interests, the two countries, under Modi and Abe, looked to offer alternatives in the Indian Ocean and Southeast Asia. Date:11-07-17. (250 words) 2. In 2019, the top five largest spenders — U.S. ($732 bn), China ($261 billion), India ($71.1 billion), Russia ($65.1 bn) and Saudi Arabia ($61.9 bn) — accounted for 62% of the global expenditure. It can now provide $500 million in grants and is funded by countries like Japan, Germany, UK and China. Have you found the page useful? CCR - Catastrophe Containment and Relief. Catastrophe Containment And Relief Trust—Approval Of Grant Assistance For Debt Service Relief This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Containment and Relief Trust (CCRT), in line with the new QPHD test approved by the … by Team NEXT IAS June 4, 2020. April 2021 : The Hindu Editorials Summary Compilation for Civil Services Index. A relevant shift from previous year has been the absence of subsections to a question and so the word limit has come down but at the same time vagueness and complexity of the question has increased substantially. In a real sense, the WHO. Catastrophe Containment and Relief Trust. The purpose of debt relief under the CCR Trust is to free up resources to meet exceptional balance of payments needs created by the disaster rather than having to assign those resources to debt service. Iron Curtain speech, speech delivered by former British prime minister Winston Churchill in Fulton, Missouri, on March 5, 1946, in which he stressed the necessity for the United States and Britain to act as the guardians of peace and stability against the menace of Soviet communism, which had lowered an “ iron curtain” across Europe. 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Sewage Surveillance To Estimate Coronavirus Spread 38. Share this. Catastrophe Containment and Relief Trust (CCRT) 31. The Oxford Committee for Famine Relief (OXFAM) report on ‘Income Inequalities in India’, 2019, brought forth some eye-opening findings on asymmetrical developmental paradigm in India. The fund currently has $500 million, with Japan, Britain, China and the Netherlands among its main contributors E-platform To Train Covid Warriors 39. Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. You can send a message via MyClaim or email the claims department at Claims@Claims.Allstate.com with your claim number in the subject line. SAMADHAN Challenge 37. The Prime Minister is the chairman of the trust. The Hindu Editorial Analysis of 18 March 2020 from Daily Current Affairs News in India for IAS/UPSC Civil Services 2020 Exam Preparation. 1st FEB ECONOMY Note ban a radical measure: CEA 1 INTERNATIONAL RELATION changes in H-1B visa on the anvil 1 SECURITY fake Rs 2000 notes have 50% of security features 1 INTERNATIONAL RELATION Russia makes big military … It was established in February 2015 during the Ebola outbreak and modified in March 2020 in response to the Covid-19 pandemic. He had moved the apex court seeking a direction to use the amount specifically for the travel of the migrant workers from Mumbai to Uttar Pradesh. Kerala. The IMF's Catastrophe Containment and Relief Trust cancelled nearly $100 million in debt owed by Ebola-impacted West African nations Published: 1/2/2015 Modified: 29/12/2017. Please use the following to spread the word: APA All Acronyms. The India International University of Legal Education and Research of the Bar Council of India Trust at Goa, Ordinance, 2021. Delhi Corona app. The name, composition of the trust, control, usage of emblem, government domain name everything signifies that it is a public authority. Hurricane Katrina left many challenges and troubles in its wake, including a regional health care crisis. Global Health Strategies (GHS), The Leprosy Mission Trust India (TLMTI) and National Centre for Promotion of Employment for Disabled People ... containment, and relief efforts against the coronavirus outbreak and similar pandemic-like situations in the future. Syllabus—GS3: Agriculture related issues. The PM is the chairman of the trust. The Central government has so far followed a mostly top-down approach in tackling the COVID-19 pandemic.During lockdowns 1.0, 2.0 and 3.0, the … In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. The relief on debt service payments frees up additional resources to meet exceptional balance of payments needs created by the disaster and for containment and recovery. Disaster Management Act What to study? Post your INSTA Revision Test score as well as your answers for the below Mains Questions in the Comments section for review. Here are the important Current Affairs Today 25th March 2020. April 9, 2021. For Prelims: Key provisions, powers given to the centre and states under the act. Purpose of the CCR Trust. In February 2015, the IMF transformed the Post-Catastrophe Debt Relief Trust to create the Catastrophe Containment and Relief (CCR) Trust, broadening the range of situations covered by IMF disaster assistance to include fast-spreading epidemics. Also, GS 2 syllabus of the IAS Mains contains topic on international organizations. Amphan made landfall on … Grants for debt relief – The IMF has extended debt service relief through the Catastrophe Containment and Relief Trust (CCRT) to 29 of its poorest and most vulnerable member countries on … New Orleans's Economics current affairs for UPSC general studies paper. The fund will also enable micro-donations. Context: In the 68 days since the nationwide lockdown was imposed to combat the COVID-19 pandemic, the … Continue reading … ₹3,100 crore from PM CARES allocated for COVID-19 relief INTERNATIONAL RELATIONS 1. Upsc prelims 2021 is rescheduled to 10th Oct 2021. As of February 2021, the The IMF has received 107 requests for financing, of which 77 have been approved worth SDR 60.4 billion and 30 worth SDR 37.2 billion are pending. It had revamped the Catastrophe Containment and Relief Trust to provide grants to cover debt payments for 6 months. GS-1 Mains . Purpose The Catastrophic Incident Annex to the National Response Framework(NRF-CIA) establishes the context and overarching strategy for implementing and coordinating an accelerated, proactive national response to a catastrophic incident. The aim was to achieve this by 2045. National Disaster Response Fund is defined in Section 46 of the Disaster Management Act, 2005 (DM Act) as a fund managed by the Central Government for meeting the expenses for emergency response, relief and rehabilitation due to any threatening disaster situation or disaster. ; Senior foreign ministry officials from the Quad nations have met bimonthly, the grouping has also convened at the ministerial level and formed the basis for a tabletop exercise The CSIS Alliances and American Leadership … MaryKay Carlson. The PM is the chairman of the trust. For a trust which is created and run by 4 cabinet ministers in their ex-officio capacities, denying the status of ‘public authority’ is a big blow to transparency and not to mention our democratic values. In News, recently the central government has launched the PM-CARES for children Scheme. 02 Jun 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related GEOGRAPHY 1. Pulses, oilseeds see sharp hike in MSP 2. The hotspots were managed through an active survey and containment plan. Afghanistan is on the brink of catastrophe, and it is US President Joe Biden’s fault. The exam will be held in two shifts. The twin crises have, however, strained the capacities of multiple States, especially the coastal ones, although the impact of the storm was considerably mitigated by disaster response forces. Topics Covered: Disaster and disaster management. The fund will also enable micro-donations. The examination will be organised tomorrow in offline mode as per the schedule and there is no news regarding the postponement of the examination till now. Daporjio Bridge 33. The eastern Indian city of Kolkata has been devastated by a powerful cyclone which has killed at least 84 people across India and Bangladesh. The cyclone barreled through coastal districts of West Bengal, unleashing copious rain and windstorm, blowing away thatched houses, uprooting trees, electric poles and … Dollar Swap 32. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. A catastrophe bond (CAT) is a high-yield debt instrument designed to raise money for companies in the insurance industry in the event of a natural disaster. It is a leaders-led forum with informality built into it. Current affairs 24-07-2021 by aspireias are useful for upsc, ias, pcs, bpsc, uppsc, mppsc, rpsc, kpsc and all other competition exams. 24×7 Query:- 24 × 7 Support : 8287714422 On 13 April 2020, the IMF said that it "would provide immediate debt relief to 25 member countries under its Catastrophe Containment and Relief Trust (CCRT)" programme. The fund will be used for combat, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. However, even these exports fall short of the $60 billion target that govt set out to achieve by 2022. India imports methanol from Saudi Arabia and Iran at present. The new trust allows the IMF to join international debt relief efforts when poor countries are hit by the In December 2019, a few weeks before the world became aware of the COVID-19 catastrophe, the European Union … AL-2021-01, IRS announces tax relief for victims of severe storms, straight-line winds, and tornadoes in Alabama KY-2021-01, IRS announces tax relief for Kentucky victims of severe storms, flooding, landslides and mudslides. If additional damage is found during the repair process, you must contact your Claims team member immediately to report the damages. (For Prelims, Mains and Interview- About Coronaviruses (COVID­19), common types of coronaviruses, symptoms, diseases caused by this, spread and treatment, what is community transmission of the virus means, impact of lockdown on various sections, demography of COVID-19 in India and containment strategy of the government, concerns and way forward. CATASTROPHE CONTAINMENT AND RELIEF TRUST No respite to the shipping crisis and that’s bad news for Indian SMEs In India, October is the onset of the holiday season, similar to that in the US. Monsoon hits Kerala with cyclone in the background B. GS 2 Related HEALTH 1. disaster or catastrophe. Members will include the defence, home and finance ministers. The debt relief will be funded by the IMF’s Catastrophe Containment and Relief Trust (CCRT), which was first set up to combat the West Africa Ebola outbreak in 2015 and has been repurposed to help countries fend off COVID-19. Remote Monitoring of Covid-19 35. ; It is usually held just after the second ASEAN summit of the year when the ASEAN also meets its dialogue partners, including India. The Fund for Natural Disasters (FONDEN) in Mexico. The Catastrophe Containment and Relief Trust (CCRT) allows the IMF to provide grants for debt relief for the poorest and most vulnerable countries hit by catastrophic natural disasters or public health disasters. Aadhar linking of ration cards. For Mains: Significance and relevance of these measures, need for and implications. Once again, the value of creating a trained cadre, supported by the defence forces in rescue and relief work, is seen. $3.6 mn in U.S. funding to Indian labs may be delayed 3. QUESTION : The Ilbert Bill controversy was not an isolated phenomenon from British Racist approach and this undermined the dignity of the individual and in fact it was the culmination of that. The IMF's revamped Catastrophe Containment and Relief Trust (CCRT) enables the IMF to deliver grants for debt relief benefitting eligible low-income countries in the wake of catastrophic natural disasters and major, fast-spreading public health emergencies. Interest payments will keep accumulating and result in … 14 May 2020: UPSC Exam Comprehensive News Analysis TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. 24×7 Query:- 24 × 7 Support : 8287714422 The CCRT can currently provide about $500 million in grant-based debt service relief. Press Information Bureau (PIB) IAS UPSC – 10th May to 17th May – 2020. The IMF Catastrophe Containment and Relief (CCR) Trust. Malabar exercise helps ensure that India, Japan, US are ready to protect shared interests in the Indo-Pacific. The Fund also has a Catastrophe Containment and Relief Trust (CCRT), which provides eligible countries with upfront grants for relief on IMF debt service. Background:-. Building on the trust in the political system between India and Japan and their increasingly converging interests, the two countries, under Modi and Abe, looked to offer alternatives in the Indian Ocean and Southeast Asia. Date:11-07-17. (250 words) 2. In 2019, the top five largest spenders — U.S. ($732 bn), China ($261 billion), India ($71.1 billion), Russia ($65.1 bn) and Saudi Arabia ($61.9 bn) — accounted for 62% of the global expenditure. It can now provide $500 million in grants and is funded by countries like Japan, Germany, UK and China. Have you found the page useful? CCR - Catastrophe Containment and Relief. Catastrophe Containment And Relief Trust—Approval Of Grant Assistance For Debt Service Relief This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Containment and Relief Trust (CCRT), in line with the new QPHD test approved by the … by Team NEXT IAS June 4, 2020. April 2021 : The Hindu Editorials Summary Compilation for Civil Services Index. A relevant shift from previous year has been the absence of subsections to a question and so the word limit has come down but at the same time vagueness and complexity of the question has increased substantially. In a real sense, the WHO. Catastrophe Containment and Relief Trust. The purpose of debt relief under the CCR Trust is to free up resources to meet exceptional balance of payments needs created by the disaster rather than having to assign those resources to debt service. Iron Curtain speech, speech delivered by former British prime minister Winston Churchill in Fulton, Missouri, on March 5, 1946, in which he stressed the necessity for the United States and Britain to act as the guardians of peace and stability against the menace of Soviet communism, which had lowered an “ iron curtain” across Europe. 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