Army approves five niche tech projects for development by domestic industry

The Army has approved five Project Sanction Orders (PSOs) for development of Niche technology by the Indian under Make-II route of DEFENCE procurement. The projects include High Frequency Man Packed Software Defined Radios (HFSDR), drone kill systems, Infantry Training Weapon Simulator (IWTS), Medium Range Precision Kill Systems (MRPKS) and 155mm Terminally Guided Munitions (TGM).

Make II projects are essentially industry funded projects involving design, development and innovative solutions by Indian vendors for development of prototypes. An assurance of order is given after successful prototype development.

World Bank And Niti Ayog Ready Electric Vehicles Financing Push

The and Niti Ayog are ready to financially push the EVs in India.

Highlights

The World Bank (WB) and the NITI Aayog (National Institution for Transforming India) are collaborating to support a scheme for faster and easier financing of electric vehicles (EVs).

The State Bank Of India (SBI) will serve as the program manager for a $300 million ‘first loss risk sharing instrument’ set up by NITI Aayog and the World Bank.

The present rate of interest on electric two-wheelers and electric three-wheelers, which is at 20-25 percent, is likely to drop to 10-12 percent.

Marusudar River Diversion – Pakal Dul HE Project Launched

Minister of Power, New & , R.K. Singh Launched the Pakal Dul Hydro Electric Project on November 1, 2021.

Highlights:

This project is located in Jammu and Kashmir’s Kishtwar district.

Accelerated hydropower project development is critical for grid balancing and peak power generation.

The Pakal Dul H.E. Project will contribute to achieving the 450 GW renewable energy target by 2030.

In this region, an Investment of Rs 8212 crores is being made through this project.

Direct and indirect EMPLOYMENT opportunities will be created as a result of the investment.

It will contribute to the general development of the local Population.

World Tsunami Awareness Day Is Commemorated On 5 November

On November 5, the world commemorated World Tsunami Awareness Day.

Highlights:

The day is observed to raise awareness about the hazards of Tsunamis among people all around the world.

World Tsunami Awareness Day in 2021 promotes the “Sendai Seven Campaign,”

It aims to “significantly expand international cooperation to developing nations through suitable and sustainable support to complement their national measures for the implementation of the current Framework by 2030.”

After the proclamation of the UN General Assembly on December 22, 2015, World Tsunami Day was first formally marked on November 5, 2016.

The United Nations General Assembly urged all countries in international organizations to increase awareness of the crisis and share product ideas.

The report was published in the backdrop of Indias target to achieve net zero emissions by 2070. This target was committed by Prime Minister Narendra Modi at COP26 global Climate summit in Glasgow.

At the summit, PM Modi also committed:

To bring non-fossil energy capacity of India to 500 GW by 2030,

To lower carbon intensity to 45 per cent by 2030

To reduce 1 billion tonnes of carbon emissions out of total projected emission by 2030.

To fulfil 50 per cent of energy requirement using renewable waste by 2030.

Report highlights that, Indias transition towards a https://exam.pscnotes.com/green-economy“>Green Economy could contribute about $1 trillion in economic impact by 2030. It will create more than 50 million jobs.

The economic impact would increase to $15 trillion by 2070.

Report notes that, Indias commitments are a critical foundation for achieving 1.5-degree Celsius Global Warming target.

India is on the frontline of Climate Change. More of Indians are exposed to negative effects of climate change and extreme weather events as compared to other nationality.

Energy, Industry, mobility, Agriculture-notes-for-state-psc-exams”>Agriculture and Infrastructure & cities are the five pillars in India, contributing over 90 per cent emissions. India will require to curb this emission, along with four cross-sectoral enablers including-

Accelerated approach to green technology innovation;

Integrated approach to carbon, capture, utilisation and storage

Overarching framework to catalyse green finance and

Plan for climate adaptation.

Bird of The Year Award – New Zealand

Forest & Bird, an independent conservation organization, organized its annual Bird of The Year Award.

Highlights:

The Pekapeka-tou-roa, a New Zealand native bat species, took up the annual bird of the year award in 2021.

Despite not being a bird, the species was declared the winner of the competition.

Long-tailed bat is another name for Pekapeka-tou-roa. It is one of two land animals found in New Zealand.

Forest and Bird named this bat to their Bird of the Year list because both bats and native birds are endangered by the same issues such as habitat loss, predators, and https://exam.pscnotes.com/Climate-change”>Climate Change.

Chennai: Startups create 7.67 lakh jobs in India in 6 years

Startups in India have generated around 7.67 lakh jobs in the last six years (as of June 30) with majority of the EMPLOYMENT generated inMaharashtra, the commerce ministry told theLok Sabha. Around 72,000 startups have registered themselves under Department for Promotion of and Internal Trade (DPIIT’s) Startup India scheme in the last six years (2016-2022) with 2022 alone recording 12,341 registrations nationally, minister of state for commerce Som Prakash said.

Maharashtra topped the job creation list with more than 1.46 lakh people employed at the state’s startups. Despite housing the country’s tech hub, Karnataka was a distant second with over 1.03 lakh jobs, and Delhi ranked third with 87,643 jobs. The total number of employment generated is self-reported by the startups recognized by the DPIIT as of June 30, the minister said. In terms of the number of startups registered in the last six years, Maharashtra again takes the first position with 13,519, followed by Karnataka at 8,881, Delhi at 8,636, andUttar Pradeshat 6,654.

NDRF carries out pan-India security audit of ropeways

TheNDRFhas begun a nationwide survey ofpassenger cable carsandropewaysystems to find out possiblesecurity flawsin them and to prepare a structural blueprint that will help it launch effective rescue operations in case of an emergency.

The federal contingency force has also decided to train its rescuers in specific ropeway rescue skills apart from purchasing an assortment of tools like pulleys and carabiners to be used for transporting the salvager and evacuating stranded people from the car hanging in the air. The move comes as at least four ropeway-related incidents, including one inUttarakhand, have been reported in the country so far this year.

The aim of the exercise is to not only sensitise the operators of this mode of transport about the precautions they should practise and preparations they should have, it will also give us an action plan which can be used during emergencies and disasters that hit the ropeway system.

Kilo class submarineINSSindhudhvaj decommissioned

The Navys Kilo-class submarine,INSSindhudhvaj, was decommissioned from service on Saturday at Visakhapatnam after 35 years in service. With this, the Navy now has 15 conventional submarines in service.

Commissioned into the Navy in June 1987, Sindhudhvaj, was one of the 10 Kilo-class submarines India acquired from Russia between 1986 and 2000. Of these,INSSindhurakshak was lost in an accident in Mumbai harbour in August 2013, while Sindhuvir was transferred to Myanmar in 2020, making it the South East Asian nations first underwater platform.

Truant monsoon can put pressure on prices, GDP, say expert

The SouthwestMonsoonthis year has started on an erratic note, and is presently lagging behind schedule. Experts fear that the monsoon deficiency is going to further increase pressure on foodprices, which are already high.

India has been witnessing extreme weather conditions of rainfall deficit in most parts of the country and simultaneously witnessing massive flooding in Northeast India. This has brought focus back on the high monsoon rainfall variability, which has been a cause of concern for the country, which employs 50% of its workforce in rain-fed dependent Agriculture-notes-for-state-psc-exams”>Agriculture.