08.06.21

Board of Executive Directors of has accredited a USD five hundred million programs to support Indias nationwide initiative to revitalise the MSME sector, which has been heavily impacted by way of the COVID-19 crisis.

The MSME area is the spine of Indias economy, contributing 30% of Indias GDP and 4% of exports. The USD 500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Banks 2d intervention in this sector, the first being the USD 750 million MSME Emergency Response Program, authorised in July 2020 to tackle the instantaneous liquidity and deposit desires of hundreds of thousands of manageable MSMEs severely impacted by using the ongoing COVID-19 pandemic.

The nation marked the 37th anniversary of Operation Blue Star.

About Operation Blue Star:

It is the code name for an Indian military operation to remove the separatists who were hiding inside the Golden Temple in Amritsar on June 5, 1984.

The operation was ordered by then-Prime Minister Indira Gandhi, with the primary goal of regaining control of the Harmandir Sahib Complex in Amritsar (popularly known as the Golden Temple).

The Indian military entered the temple grounds to evict Sikh extremist religious leader Jarnail Singh Bhindranwale and his armed followers.

The operation was divided into two parts: Operation Metal, which involved an invasion of the temple complex, and Operation Shop, which was limited to the state’s countryside.

This operation aided in the elimination of Khalistani terrorism.

OneWeb, a Low Earth Orbit (LEO) satellite communications operator, has launched its next batch of 36 Russian satellites. With the latest launch, OneWeb’s total in-orbit constellation now stands at 218 satellites. These would be added to OneWeb’s fleet of 648 LEO satellites.

Using LEO satellites, OneWeb hopes to provide connectivity throughout the United Kingdom, Alaska, Northern Europe, Greenland, the Arctic Seas, and Canada.
The service is expected to go live before the end of the year, according to the company.
This programme is known as the ‘Five to 50’ service, and it provides Internet connectivity to all regions north of 50 degrees latitude.

World Ocean Day is found globally on eighth June each and every year. This day is discovered to raise world attention about the importance of the ocean in our lives and the ways thru which we can shield it.

Theme 2021: The Ocean: Life and Livelihoods as properly as an announcement of intentions that launches a decade of challenges to get the SG14 ( Goal 14), Conserve and sustainably use the Oceans, seas and Resources“>Marine Resources, via 2030.

This years theme is specifically applicable in the lead-up to the United Nations Decade of Ocean Science for the Sustainable Development, that will run from the year 2021 to the year 2030.