India gives $2 million to African Union Transition Mission in Somalia

Indias Permanent Representative to the United Nations, Ruchira Kamboj, reaffirmed Indias commitment to peace and stability in Somalia and the Horn of Africa by handing over a contribution of USD 2 million to the United Nations Trust Fund

The fund is aimed at supporting the African Union Transition Mission in Somalia (ATMIS). By making this contribution, India seeks to support the efforts of the international community to promote peace and stability in the region

As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, more than38.58 crore loans have been extended since inception of the Scheme in April 2015. Out of this, over26.35 crore loans have been extended to Women Entrepreneurs (68%) and 19.84 crore loans to SC/ST/OBC category of borrowers (51%). This was stated by the Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha.

The Minister further stated that the Ministry of Labour and EMPLOYMENT (MoLE) had conducted a large sample survey at the national level to assess employment generation under PMMY. As per the survey results, PMMY helped in generating 1.12 crore net additional employment in the country during a period of approximately 3 years (i.e. from 2015 to 2018).

LIFE – Lifestyle for Environment, key to combating climate change

Minister of State for Environment, Forest and https://exam.pscnotes.com/Climate-change”>Climate Change, Shri Ashwini Kumar Choubey informed that the Government has started Lifestyle for Environment (LiFE) movement with a view to sensitize all stakeholders, including the public at large, about the need for mindful utilization instead of mindless consumption of Resources. A comprehensive and non-exhaustive list of 75 individual environment-friendly actions (LiFE actions) across 7 categories has been identified for nudging individuals, communities and institutions as a part of this movement.

The update to NDC submitted to UNFCCC in August 2022 includes India’s commitment to reduce Emissions Intensity of its GDP by 45 percent by 2030, from 2005 level; achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based Energy Resources by 2030.

21 Greenfield Airports are to be set up in the country, 11 are operationalized

Government of India has formulated a Greenfield Policy, 2008 which provides detailed guidelines, procedures and steps related to construction of Greenfield airports across the country, including in Bihar. Under the GFA Policy, the project proponent- an airport developer or the respective State Government willing to establish a Greenfield airport is required to send a proposal to the Ministry of Civil Aviation in the prescribed format for 2-stage approval process i.e., ‘Site Clearance’ followed by ‘In-Principle’ approval.

Government of India has also granted the first stage clearance i.e. site clearance for construction of three Greenfield airports namely Alwar in Rajasthan, Singrauli in Madhya Pradesh and Mandi in Himachal Pradesh.

The responsibility of implementation of airport projects including funding of the projects rests with the concerned airport developer including the respective State Government (in case the State Government is the project proponent).

Australias Deakin University to set up campus in GIFT city

The first foreign university to establish a campus in India will be Deakin University of Australia. The autonomous campus will be built in Gujarat International Financial Tec-City (GIFT) City.

The announcement by Finance Minister Nirmala Sitharaman last year that she would allow top-tier foreign universities and institutions to establish campuses in GIFT City to provide courses in financial management, FinTech, science, technology, engineering, and mathematics free from domestic regulations has led to the current development.

Indias first 100% women-owned industrial park begins operations in Hyderabad

Indias first 100 per cent Women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in PARTNERSHIP with the , the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.

The FLO industrial park, the first-of-its-kind park in the country, was established over 50 acres in Sultanpur near Patancheru with an Investment of Rs 250 crore. The park has already garnered tremendous interest from women entrepreneurs to run and operate their businesses

The park has also created amenities to offer a homely Environment for women by keeping in mind the necessities of working women entrepreneurs, including designing creches and playschools. The FLO also plans to set up similar multi-Industry women industrial parks in various States and a centre of excellence for Skill development in Phase II.

MSME ministry launches scheme to promote creativity, entrepreneurship in sector

TheMSME ministry launched an innovative scheme to promote creativity, adoption of latest technologies and increase awareness about importance of among MSMEs.

The scheme is an amalgamation of the incubation, design andIPR(intellectual property rights) schemes of the ministry.

It would act as a hub for innovative activities, besides facilitating and guiding development of ideas into viable business prepositions that can benefit Society directly and can be marketed successfully.

Launching the scheme,MSMEMinister Narayan Rane said the scheme will help the MSME sector, which accounts for a major share in the country’s exports and manufacturing.

Under the scheme, the ministry would provide financial assistance for innovation, design and IPR protection.

The IPR vertical of the scheme aims at enhancing the awareness of these rights among MSMEs and taking suitable measures for the protection of ideas, technological innovation and knowledge-driven business strategies.

Similarly, under the innovation vertical, untapped creativity would be supported and promoted besides adoption of latest technologies in MSMEs.

The Innovative scheme provides financial assistance up to Rs.5 lakh for a foreign patent, Rs.1 lakh for a domestic patent, Rs.2 lakh for GI registration, Rs.15,000 for design registration and Rs.10,000 for a trademark in the form of reimbursement.

The PMGati Shakti Yojanais one of the four big priorities for the Prime Minister Narendra Modi government.

The Pradhan Mantri Gati Shakti scheme will help India attract from all over the world for improving the Infrastructure of the country.

It begs mention here that Logistics and supply chain costs account for around 12% of the gross domestic product (GDP) in India at present. This is much higher when compared to the global Average of 8%.

Gati Shakti cargo terminal comes up at Asansol

The Indian Railways first Gati Shakti cargo terminal was commissioned in the Asansol division of Eastern RAILWAY. The cargo terminal seeks to augment railways earnings to the tune of about Rs 11 crore per month.

This is the first such terminal to be commissioned by Indian Railways since the publication of GCT policy in December, 2021. The Maithan Power project was initiated in 2009 and the power generation was started in the year 2011.

Smart Event Tracking System (SETS)

The Smart Event Tracking System (SETS), which is a new tool on Google Maps-based planning and analysis that has been deployed to tackle the growing problem of cattle getting run over by trains.

The Software has been made functional in Agra Division and it will be adopted by other divisions in the future, depending on further results. According to officials, the SETS map the kilometre stamps on electrical masts along the rail tracks and feed the exact location of a cattle run over into the system. As a result of this, managers are able to identify the location instantly where the cattle run over occurred as well as spot a pattern.

According to the report, the system is particularly important for the North Central RAILWAY zone, which saw more than 6,500 of the 26,000 cases of cattle run over that were recorded in the year 2020-21.