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.

Dubai adopts first law regulating virtual assets

Dubai has adopted the first law of its kind in the emirate that regulatesvirtual assets, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

The Dubai Virtual Asset Regulation Law is aimed at creating an advanced legal framework to protect investors and provide international standards for virtual asset Governance that will promote responsible business Growth in the emirate.

The UAE government is taking concrete steps to establish a strong digital economy and make use of the advantages provided by digital transformation.