Madhya Pradesh Affairs
MP to waive off power bills of Rs 6,400 cr of 88 lakh consumers
In a major relief to people amid the downturn caused by the COVID-19 pandemic, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday said his government would waive off electricity bills to the tune of Rs 6,400 crore of 88 lakh domestic consumers.
The electricity bills of 88 lakh domestic consumers amounting to Rs 6,400 crore will be waived off. The interest of farmers who became defaulters because of flaws in the loan waiver scheme of the previous regime will be paid by the , he said. Chouhan said his government had constructed 23 lakh homes for the poor, with the target being 30 lakh by the end of this year.
The remaining premium of Rs 2200 crore of crop Insurance scheme not paid by the previous regime has now been paid. A provision of Rs 8,000 crore has been made for the construction of roads in the current year. If national highways are included in it, then roads worth Rs 31,000 crore are being constructed in the state.
The states Growth rate at current prices is 19.7 per cent, which is the maximum in the country, while per capita income on the basis of current prices was Rs 1.24 lakh per annum, up from only Rs 15,000 under the Congress regime, which was a major achievement.
National and International Affairs
ISROs Young Scientist Program YUVIKA 2022
The Indian Space Research Organisations Yuva Vigyani Karyakram (YUVIKA) or Young Scientist Programme is a special initiative with an objective to impart basic knowledge on Space Technology, space science and space applications to young students, especially in rural areas.
It also expects to create a platform that encourages more students to pursue Science, Technology, Engineering and Mathematics (STEM) based research/ careers.
NABARDs Grameena Habba to showcase rural art work
, Karnataka regional office, is holding its annual Marketing event Grameena Habba, a platform for rural artisans to sell agricultural, handicraft and handloom products in Bengaluru till March 14. This year, the Grameena Habba is being held at Mantri Square Mall, Malleswaram.
Rural artisans, weavers, farmers and tribes across India and several districts of Karnataka are showcasing handmade arts, handloom sarees, handwoven dress material, Home decors, tribal products, natural beauty products, organic food products, jewellery and accessories during this festival.
The income that they earn from selling these products will directly reach the artisans.
Government releases norms for Strengthening of Pharmaceutical industry (SPI) Scheme
The Centre has assigned an outlay of500 crore for the period from fiscal FY 21-22 to FY 25-26.
The main objectives of the scheme are to strengthen the existing facilities in order to make India a global leader in the Pharma Sector.
Under the Scheme, financial assistance to pharma clusters will be provided for creation of Common Facilities.
This will not only improve the quality but also ensure the sustainable Growth of clusters.
Further, in order to upgrade the production facilities of SMEs and MSMEs so as to meet national and international regulatory standards (WHO-GMP or Schedule-M), interest subvention or capital subsidy on their capital loans will be provided, which will further facilitate the growth in volumes as well as in quality.
Soyabean meal output up, but export slips
A drop in crushing and slow meal off-take amid high prices in the international market for Indian origin soyameal has led to a decline in soyabean meal exports.
The export of soyabean meal in the period October-February 2022 has stood at 4.23 lakh tonne as against 13.55 lakh tonne in the same period a year ago, according toSoybean Processors Association of India(SOPA).
Soyabean oil year runs from October to September.
Madhya Pradeshis a leading soyabean producing state contributing over 70 per cent to total national output.
Exports of soyabean meal in February were recorded at 50,000 ton in comparison to 3.52 lakh ton in the corresponding period a year ago, according to the trade body. Exports in February were 50,000 tonne, lower by 55 per cent from January this year. SOPA has also revised downward crushing of soyabean for the year 2021-22 to 88 lakh ton from earlier estimated 90 lakh ton while local meal consumption has been revised down to 56 lakh tonne as against 58 lakh tonne
Hungary elects Katalin Novak, first-ever female president
The Hungarian parliament has elected Katalin Novak, a close ally of Prime Minister Viktor Orban, as the EU members first-ever female president.
Novak, who most recently served as a minister for family policy, portrayed her election on Thursday as a victory for Women.
She was elected to the mostly ceremonial role by 137 votes to 51 in the parliament dominated by Orbans right-wing Fidesz party ahead of opposition challenger Peter Rona, an economist.
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