10.03.23 Daily [Madhya Pradesh] MPPSC Current Affairs

The Central Irrigation and Energy Bureau has selected the state of Madhya Pradesh as excellent state for the work done in the irrigation sector. Nomination was filed on the basis of successful implementation of Mohanpura and Kundalia project of Madhya Pradesh for Bureau CBIP Award. Madhya Pradesh has earned first position in the efficient use of <a href="https://exam.pscnotes.com/water-Resources“>Water Resources.

Chief Minister Shivraj Singh Chouhan took continuous decisions for the expansion of irrigation area and approved and implemented many irrigation schemes. With the vision and special efforts of Chief Minister Chouhan, the irrigated area of the state has increased from 8 lakh hectare to 45 lakh hectare in the last 15 years.

Due to the strong will power of Chief Minister Chouhan, water has been supplied to the fields through the pressure pipe system in Madhya Pradesh using new technology in the last 3 years. Madhya Pradesh has been recognized as the first state to have irrigated more than double the area with the same water as compared to the canal system by irrigating through pipe system.

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To enable every rural household in the country to have assured potable water through tap water connection by 2024, Government of India in PARTNERSHIP with States is implementing Jal Jeevan Mission (JJM) – Har Ghar Jal since Aug., 2019.Water being a State subject, the responsibility to plan, approve, implement & operate & maintain water supply schemes lies with the States.At the time of announcement of Jal Jeevan Mission in August 2019, 3.23 Crore (17%) rural households were reported to have tap water connections. So far, as reported by States/ UTs as on 09.03.2023, additional 8.15 Crore rural households have been provided with tap water connections in last three and half years under JJM. Thus, as on 09.03.2023, out of 19.42 Crore rural households in the country, more than 11.38 Crore (58%) households are reported to have tap water supply in their homes.

Margdarshika for Gram Panchayats & VWSCs to provide Safe drinking water in rural households and Guidelines on a special campaign to provide piped water supply in anganwadi centres, ashramshalas and schools have been shared with States/ UTs to facilitate planning and implementation of Jal Jeevan Mission. For online monitoring, JJMIntegrated Management Information System (IMIS) and JJMDashboard has been put in place. Provision has also been made for transparent online financial management through Public Financial Management System (PFMS). Sufficient funds are also being provided to states for timely completion of works.

Credit access to Women has doubled in the last five years. The loan penetration among women borrowers has shot up to 14% in 2022 from 7% in 2017. Credit access is the ratio of women borrowers to the total adult Population.
According to a report by TransUnion (TU) Cibil, women borrowers in India have increased at a compound annual Growth rate (CAGR) of 15% over the last five years compared to 11% for male borrowers. The share of women borrowers has increased to 28% in 2022 from 25% in 2017.

There are many reasons for the higher growth rate for women. Many lenders have been offering better rates for women borrowers. Second, women borrowers have a better credit profile compared to men. In 2022, the report said that 57% of women borrowers had prime credit scores (731-770) compared to 51% of male borrowers.

Insights also indicate that the number of women seeking business loans has more than tripled in the last five years (2017 to 2022), which reflects the growth of women-led startups in India. During this period, the share of women in the overall business loan portfolio has increased by 12 Percentage points (32% in 2022 versus 20% in 2017). An increase in the share of women borrowers is also observed in the Home loan segment, growing by 6 percentage points in the last five years.

Among the top 12 states by total credit active borrowers,West Bengal(22%),Rajasthan(21%) and Bihar (21%) have seen the highest growth in women borrowers between 2017 and 2022.

Japan, the United States, South Korea and Taiwan have held the first meeting of senior officials under a new U.S.-led framework to help ensure a stable supply of semiconductors, Japans ministry said. Officials from industry organizations in the four economies took part in the virtual conference of the Chip 4 alliance on Feb. 16 to discuss ways to maintain supply chain resilience in times of natural disasters and other contingencies.

In a bid to outcompete China technologically, the Biden administration launched a new dialogue forum with Japan and South Korea on friend-shoring semiconductors as it invites companies to compete for a share of the $50 billion already approved to revitalize the U.S. chip industry.