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IIT-incubated firm to launch 1st multi-sensor earth observation satellite

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An IIT-Madras-incubated space-tech startup,GalaxEye, is building the world’s firstmulti-sensor earth observation satellitewith the help of a visiblespectrum cameraproviding synchronised imaging that can take multiple images at the same time. The startup is going to launch its first satellite, ‘Drishti Mission’ next year.

The data fusion technology developed in-house will bring unparalleled insights and data from space, enabling satellite constellations to perform all-weather imaging at all times without atmospheric interference typical of today’s single-sensor satellites. The technology will enable the production of images with extremely high resolution via a small satellite constellation that, once fully operational, will provide global coverage in under 12 hours.

11-12.06.23

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Data tracking biases against Women has shown no progress over the past decade, with prejudices remaining “deeply embedded” in Society despite rights campaigns such asMeToo, a UN report said.

These prejudices “are widespread among men and women suggesting that these biases are deeply embedded and influences both men and women to similar degrees”, the report says.

The UN agency has updated its Gender Social Norms Index (GSNI) — which takes into account political, economic, Education and physical Integrity metrics — using data from theWorld Values Survey, an international project studying how values and beliefs are changing worldwide.

The index shows “no improvement in biases against women in a decade,” the UNDP said, “despite powerful global and local campaigns for women’s rights” such as MeToo.

Increase in the use of Green Hydrogen

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In the Independence Day speech on August 15, 2021,thePrime Minister announced the launch of National Hydrogen Mission. The Ministry of New and has accordingly prepared a draft Mission document which inter-alia proposes to support production and deployment of Green Hydrogen.

Green Hydrogen can potentially be used to replace fossil fuels and fossil fuel based feedstocks in a number of sectors inter alia including fertilizer production, petroleum refining, steel production and transport applications.

AAP to become a national party

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Aam Aadmi Party(AAP) led by Arvind Kejriwal is all set to become the latest political outfit to get the status of ‘national party’ as the counting of votes is underway in recently concluded Gujarat Assembly . For AAP to get the status of the national party it will require atleast 6% vote share and needs to win atleast two seats.

To earn a national party status, a political party needs to be recognized in at least four states, and to be recognised as a state party, it needs to win at least two seats and 6 per cent of votes polled in the Assembly election. In other words, AAP needs to win just two seats and secure 6 per cent of votes

Indias first Surety Bond Insurance product to be launched on December 19: Nitin Gadkari

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The Ministry of Road Transport and Highways (MoRTH) will launch India’s first-ever surety Insurance product on December 19 to boost liquidity in the Infrastructure sector.

While surety bonds refer to the performance or delivery obligation to complete the insured project, the corporate bonds refer to financial obligation to repay the debts or loans.

Croatia joins the euro

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The European Union has given Croatia the green Light to begin using the euro and join theSchengen zone from next year.

The country will join 19 other EU member states that use the currency.

It will adopt the currency from 1 January 2023, making Croatia the latest nation to join the eurozone since Lithuania in 2015.

From next year, it will mean that just seven EU countries still use their own currency.

By adopting the euro, the eastern European nation hopes to gain more financial security and improve the living standards of its citizens.

Croatia will also benefit economically from closer financial links with the single currency areas other members and the European Central Bank.

As Croatia becomes the 20th EU nation to adopt the euro, there are still a number of members that havent taken this step.

In total, seven EU countries dont use the euro: Bulgaria, Czech Republic, Denmark, Hungary,Poland, Romania, and Sweden.

Launch of training programmes

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Launch of training programmes under the She is a Changemaker programme was held in collaboration with Rhambhau Mhalgi Prabodhini, Thane, Maharashtra.

NCW is the statutory body of Government of India. It is usually concerned with advising the government on all policy matters related to Women. NCW was established on January 31, 1992 in accordance with the provisions of Act, 1990.

NCW launches She is a Changemaker programme

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https://exam.pscnotes.com/national-commission-for-Women“>National Commission for Women (NCW) launched a pan-India capacity building programme called She is a Changemaker on December 7, 2021.

She is a Changemaker programme was launched for women in Politics.

It is a capacity building programme, which will be undertaken in association with region-wise training institutes.

It will be implemented with an objective of undertaking capacity building of women political leaders as well as improving their DECISION MAKING & Communication skills.

Power Ministry approves Inter-state projects worth Rs 15,893 cr

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Union power minister, R K Singh, approved 23 new inter-state transmission system projects of worth Rs 15,893 crore.

Out of 23 ISTS project, 13 projects are having an estimated cost of Rs 14,766 crore. These projects will be developed under Tariff Based Competitive Bidding (TBCB).

While, 10 projects having an estimated cost of Rs 1,127 crore will developed under Regulated Tariff Mechanism (RTM).

The new transmission projects will facilitate:

Evacuation system for 14 GW of renewable projects in Rajasthan

5 GW of RE projects in Gujarat

1 GW Neemuch Solar Park in Madhya Pradesh and

Feeding areas near Akhnoor & Jammu region by setting up a Siot Substation in Jammu.

Cabinet approves Ken-Betwa River interlinking project

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approved the Ken-Betwa River interlinking project, ahead of Elections to major North Indian states.

Ken-Betwa River Interlinking project is worth Rs 44,605-crore project.

This project promises to address the issue of water scarcity in Bundelkhand region, spreading across Madhya Pradesh (MP) and Uttar Pradesh (UP).

This project is expected to benefit several POVERTY-stricken regions in MP and UP.

Prime Minister Narendra Modi will formally lay the foundation stone for this project soon.