Cyclone Mocha

Cyclone Mochawas a very severe cyclonic storm that formed in the Bay of Bengal. The storm intensified rapidly, reaching peak winds of 160 kilometers per hour (100 miles per hour) before making landfall in Bangladesh on May 14. The storm caused widespread damage in Bangladesh and Myanmar, killing at least 100 people and displacing millions more. Cyclone Mocha was named on the basis of a suggestion made byYemen.

Cyclone Mocha, which formed in the Bay of Bengal on May 13, 2023, is now the second-most intense cyclone to develop in the month of May since 1982. According to the United States Department of Defense agency Joint Typhoon Warning Center, Mochas windspeed is currently 130 knots or 250 kilometers per hour. Mocha is a reminder of the power of nature and the importance of disaster preparedness. People in the affected areas are urged to take precautions and to follow the instructions of local authorities.

are mostly named after regions and areas where they are formed, mostly the region of the sea or river where it is formed. Similarly, Cyclone Mocha was named after a part of the Red Sea port which introduced coffee into the world 500 years ago. Hence, on a suggestion made by Yemen, the upcoming cyclone was named Cyclone Mocha (Mokha).

National Steel Policy

The crude steel capacity of the country has increased from 137.97 million tonnes (MT) in 2017-18 to 154.06 MT in 2021-22 and is envisaged to reach 300 MT by 2030-31. The production capacity of 300 MT shall be achieved by the private and public sectors expanding their production capacities. National Steel Policy, 2017 aims to provide the conducive Environment for attaining this objective by providing policy support and guidance to steel producers.

No specific fund has been allocated for Mission Purvodaya in last three years.

In the public sector, one greenfield plant has been set up at Nagarnar, Chhattisgarh.

Seven PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park sites announced

Seven sites were chosen out of 18 proposals for PM MITRA parks which were received from 13 States.

The Parks will come up inTamil Nadu, , Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.

These are aimed at helping India to achieve the United Nations Sustainable Development Goal 9: Build resilient Infrastructure, promote sustainable industrialization and foster innovation

It will offer the opportunity tocreate an Integrated Textiles Value Chainright from spinning, weaving, processing/dyeing and printing to garment manufacturing etc. at one location and will reduce the Logistics cost of the Industry.

ASpecial Purpose Vehicleowned by the Centre and State Government will be set up for each park which will overseethe implementation of the project.

Govt process of eviction, sale of Rs 1 lakh crore enemy properties starts

The UnionHomeMinistry has started the process for eviction and sale of enemy properties, the immovable assets left behind by people who have taken of Pakistan and China.

There are a total of 12,611 establishments called Enemy Property, roughly estimated to be worth over Rs 1 lakh crore, in the country.

The enemy properties are vested with the Custodian of Enemy Property for India (CEPI), an authority created under the Enemy Property Act.

According to a Home ministry notification, the guidelines for disposal of the enemy properties have been changed under which the process for eviction of enemy properties now shall be initiated with the help of the District Magistrate or Deputy Commissioner concerned before the sale of properties.

Those enemy properties having valuation of Rs one crore and below Rs 100 crore, shall be disposed of by the CEPI through e-auction or otherwise as may be decided by the central government and at the rate determined by theEnemy Property Disposal Committee. The e-auction platform of public enterprise, the Metal Scrap Trade Corporation Limited, shall be used by the CEPI for e-auction of enemy properties.

The government has earned over Rs 3,400 crore from disposal of enemy properties, mostly movable assets like Shares and gold.

The highest number of enemy properties were found in Uttar Pradesh (6,255 properties), followed by West Bengal (4,088 properties), Delhi (659), Goa (295),Maharashtra(208), Telangana (158), Gujarat (151),Tripura(105), Bihar (94), Madhya Pradesh (94),Chhattisgarh(78) and Haryana (71).

5th ASEAN-India Business Summit 2023

The 5th Asean-India Business Summit took place on 6 March 2023 in Kuala Lumpur. Speakers and participants from Asean and India convened to discuss how business linkages, connectivity and supply chain resilience can be enhanced through deeper ASEAN-India cooperation. The Minister of State for Electronics & Information Technology addresses the 5th ASEAN-India Business summit.

It is being held as part of the ASEAN-India Year of Friendship to commemorate the more than three-decade-long engagement between India and the 10-member bloc in Kuala Lumpur.

Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission

Ministry of Tourism had constituted an inter-ministerial task force for National Digital Tourism Mission on 23rd July, 2021 to undertake consultations with the tourism and domain experts, define the context, mission, vision, objectives, and overall scope of the National Digital Tourism Mission.

The Task Force has prepared a draft report on proposed National Digital Tourism Mission, which inter-alia lays down domain and technology principles, standards, digital stack, Governance structure and plan for implementation of the envisaged National Digital Tourism Mission.

The Ministry of Tourism has invited final comments from the stakeholders on draft report for setting up of National Digital Tourism Mission. The draft report has also been published on website for suggestions and feedback from public.

The draft report takes note of the fact that tourism sector is highly fragmented. Subsectors of tourism such as transport, accommodation, restaurants and catering, and personal Services are all subject to very different challenges and opportunities.

The vision of National Digital Tourism Mission is to bridge the existing information gap amongst different stakeholders of tourism ecosystem through a digital highway.

First refineries to produce ethanol from bamboo to come up in Maharashtra

Indias first refineries for ethanol production from bamboo, with daily capacity of 30,000 litre, will be built in Gadchiroli and Nandurbar districts.

An agreement of the project was signed on Friday in Hyderabad betweenNagarjuna GroupandLodga Bamboo Industries ofLatur district.

Those privy to the development said that the Union Government has committed to blend 20% ethanol with petrol by 2025, eventually creating a huge opportunity for using bamboo-based ethanol. India imports about Rs 8.5 lakh crore worth of diesel and petrol.

As many as 60,000 tonne bamboo grown over 1,500 acres would be needed annually to meet the raw material requirements of the ethanol plant.

Indias Largest Reclining Statue of Lord Buddha

The largest reclining statue of Lord Buddha in India is being built in . Indias Buddhist pilgrimage circuit is being proactively revived and Bodh Gaya is an integral part of it. Hence, the site of Gautam Buddhas enlightenment will soon be Home to his largest reclining statue.

Lord Buddhas idol is in the Mahaparinirvana Mudra is very important in Buddhism as he preached to his followers in this pose before attaining Mahaparinirvana. Kushinagar in Uttar Pradesh also has an idol of Lord Buddha in this posture as this where he attained Mahaparinirvana.

This statue is being made with fiberglass and is being built by sculptors who are from Kolkata.

From February 2023, the giant statue of Lord Buddha will be opened for the devotees.

Inflation may stay below 6% even if oil averages $100: Crisil

Indias retail may Average below 6% even if crude oil prices average $100 a barrel in 2022-23, but rising prices remain an elevated risk to Growth especially as private consumption remains subdued, rating firm Crisil said on Thursday.

Assuming a full pass-through of global crude prices to retail fuel prices in India, Crisil expects average consumer inflation to be 5.4% if oil prices average $85-90 a barrel, and rise to 5.8% if the mean crude price is at $100 a barrel through the next fiscal year.

Headline inflation, however, is expected to be lower than the last time oil prices shot past $100 a barrel during 2012-14, a period when food and Core Inflation were also high, Crisil observed, adding that such a scenario was unlikely to repeat in 2022-23.