President Ram Nath Kovind Inaugurates Sri Ramna Kali Mandir in Dhaka

:President Ram Nath Kovind inaugurated the restored Sri Ramna Kali Mandir here on 17 Dec 2021, 50 years after it was wrecked by Pakistani forces in 1971, and called the historic temple a symbol of India-Bangladesh cultural and spiritual cooperation.

Highlights:

President Ram Nath Kovind is

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visiting Bangladesh at the invitation of his counterpart, M Abdul Hamid, to join the golden jubilee celebrations of Bangladesh’s independence from Pakistan in 1971.

At the rebuilt temple, President Ram Nath Kovind and First Lady Savita Kovind offered prayers.

India, US Announce New Program Titled Technology-based Energy Solutions To Tackle Climate and Clean Energy Challenges

India and the US unveiled a new programme to fund technologies aimed at addressing Climate and clean energy concerns.

According to a Science and Technology Ministry note, the programme aims to support India-US science and technology-based entrepreneurial measures to address the development and implementation of next-generation

clean and , energy storage, and Carbon Sequestration to address climate and clean energy challenges.

The Reserve Bank of India has approved NSDL e-Governance as an Account Aggregator.

As an account aggregator, the Reserve Bank Of India (RBI) has certified the ” e-Governance Infrastructure.”

Highlights:

The NSDL e-Governance Infrastructure is a provider of IT-enabled Services.

It received RBI’s in-principle clearance

to start an account aggregator business through NSDL e-Governance Account Aggregator Ltd, a fully owned subsidiary.

Account Aggregator (AA) model The Account Aggregator (AA) model, with its unique architecture for Consent-based data exchange, has the potential to alter the way financial services are delivered.

It’s a financial data-sharing system that has the potential to transform investing and lending.

The Account Aggregator is a key component in enabling data Democracy. It’s a first-of-its-kind permission system designed to give people control over their data.

After A Year Of Protests, Three Farm Laws Were Repealed

In his address on November 19, 2021, Prime Minister Narendra Modi said that the federal government will abolish all three Join Our Telegram Channel

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href="https://exam.pscnotes.com/agriculture">Agriculture-notes-for-state-psc-exams”>Agriculture laws.

Highlights:

Farmers who are protesting were also asked to return to their houses.

Farmers around the country began protesting the agricultural rules a year ago, and the decision to abolish them was made one year later.

These laws will be repealed during Parliament’s Winter Session.

Farmers’ main fear was that these regulations would eliminate the Minium Support Price (MSP), which is guaranteed by the government on certain crops.

Farmers will soon be at the mercy of large corporations.

In India, the majority of farmers are small-scale farmers, according to the Prime Minister.

To assist these farmers, the central government uses a multi-faceted approach that includes everything from seed technology to crop Insurance plans.

The three farm bills were introduced to help small farmers by empowering and strengthening them.

The government, on the other hand, was unable to persuade a group of farmers who were protesting. The laws were repealed in Light of this.

Narayan Rane, Union Minister for MSME Launched Special Credit Linked Capital Subsidy Scheme (SCLCSS)

On the second day of the MSME North East Conclave, Union Minister for MSME Narayan Rane announced the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the Services-sector”>services sector.

Highlights:

Senior authorities from the Ministry of MSME in Guwahati were also in attendance.

The scheme would assist companies in the services sector in meeting their technology-related requirements by providing a 25% capital subsidy for the purchase of plant and machinery, as well as service equipment, through institutional credit to SC-ST MSEs without any sector-specific limits on technology upgradation.

The Minister also congratulated North-eastern SC/ST entrepreneurs and encouraged

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young people to pursue in order to become EMPLOYMENT creators rather than job seekers. Shri Rane promised the youngsters that the Ministry of MSME will leave no stone unturned in their quest to become successful entrepreneurs.

Japan’s PM announces a $490 billion stimulus program

Fumio Kishida, Japan’s Prime Minister, launched a record-breaking stimulus plan of over

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56 trillion Japanese yen.

Highlights:

PM Modi launches Mission LiFE Lifestyle for Environmet

Prime Minister Narendra Modi on Thursday launched Mission LiFE movement (Lifestyle for the Environment) at the Statue of Unity in Gujarat. Envisaged by PM

Modi, Mission LiFE is expected to be an India-led global mass movement that will nudge individual and collective action to protect and preserve the environment

The launch of Mission LiFE in Gujarat is significant as it was the first state in the country to initiate steps in the direction of and Climate protection.

PM Modi said the mantra of Mission LiFE is Lifestyle for Environment. It connects the powers of the people for the protection of this earth, and teaches them to utilize it in a better way.

Centre mulls removal of TRAI-related provisions from telecom bill

Following concerns over the possible dilution of powers of the (TRAI) in the proposed telecom policy, the government is mulling the removal of

provisions related to the regulator from the bill. It is evaluating introducing a separate bill to strengthen the regulatory body at a later stage.

The DoT is currently under the process of discussion with all stakeholders, including Industry bodies, on the draft Bill. The government has also invited written comments from industry on the Bill.

ISRO to boost NavIC, widen user base of location system

The Indian Space Research Organisation (ISRO) is working on a series of improvements to the NavIC, or Indias equivalent of the Global Positioning System (GPS), so that more people are motivated to install it and use it. Plans are also afoot to make its reach global rather than circumscribe it to India and a limited territory around it.

NavIC ( with Indian Constellation), or the Indian Regional Navigation Satellite System (IRNSS), is a constellation of seven satellites that is akin to the

American GPS, the European Galileo and the Russian GLONASS, and can be used to track location. The first of these satellites (IRNSS-1A) were launched in 2013 and thelatest in 2018.

Currently, NavIC satellites orbit earth in a geostationary or geosynchronous (GEO) orbit, or about 36,000 km from earth. MEO orbits occupy a space between GEO and Low Earth Orbit (LEO), or about 250-2,000 km from earth.

Egypt climate conference

UN Climate summits are held every year, for governments to agree steps to limit global temperature rises.

They are referred to as COPs, which stands for “Conference of

the Parties”. The parties are the attending countries that signed up to the original UN climate agreement in 1992.

COP27 is the 27th annual UN meeting on climate. It will take placein Sharm el-Sheikh from 6 to 18 November.

This will be the fifth time a COP has been hosted in Africa.

The region’s governments hope it will draw attention to the severe impacts of on the continent. The IPCC says Africa is one ofthe most vulnerable regionsin the world.

Currently,UNFCCC.int/is-eastern-africas-drought-the-worst-in-recent-HISTORY-and-are-worse-yet-to-come/”>17 million people are estimatedto be facing food insecurity in east Africa because of drought.