22.01.22

The Prime Minister Narendra Modi is to unveil a hologram statue of Netaji Subhash Chandra Bose near India Gate in Delhi. The statue is to be unveiled on Netajis 125^thbirth anniversary. His birth anniversary falls on January 23^rd.

The statue is powered by 4k projectors, capable of delivering 30,000 lumens of brightness value. The cost of these projectors is around 15 lakh rupees. Their projection capacity is 13 by 13 feet. The statue is 6 feet wide and 28 feet tall. Apart from projector, the technology also demands a screen. The screen is invisible to the visitors.

The birth anniversary of Netaji is celebrated as Parakram Divas. It is celebrated on January 23. It was celebrated for the first time in 2021. Netaji birthday is an official holiday in Tripura, Assam, Jharkhand, West Bengal.

During their eighth ruling body meeting, India and Israel recently expanded the I4F.

Highlights:

The India-Israel Industrial Research and Development Technological Innovation Fund (I4F) is a joint fund for industrial research and development in India and Israel.

The fund’s size has now been increased to 5.5 million USD.

Essentially, the fund will be used for agricultural, Health care, and mosquito control projects.

Telecommunications, Agriculture-notes-for-state-psc-exams”>Agriculture, information technology, pharmaceuticals, and homeland security are all examples of industries.

Agriculture has the strongest link between the two sectors. The Indo-Israel Agriculture Project has been in operation for over ten years.

According to a recent NASSCOM report, India’s startup Environment has grown over double. The country’s startup grew to 330 billion dollars between 2020 and 2021.

Highlights:

The year 2021 was a watershed moment for startups. Between 2020 and 2021, 65,000 startups generated 6.6 lakh direct jobs and 34.1 lakh indirect jobs.

The retail, EdTech, BFSI, Retail Tech, SCM and Logistics, Food Tech, and mobility businesses created the majority of the new jobs.

The number of value deals more than tripled. Deals worth more than $100 million USD saw a significant increase in the number of deals.

Among the startups, there is a willingness to take chances. The level of investor confidence has risen.

Investors from India were involved in 50% of the deals signed. The number of transactions grew by thrice.