04.11.22 Daily [Madhya Pradesh] MPPSC Current Affairs

Madhya Pradesh Affairs

MP govt takes loan of Rs 2,000 crore

Madhya Pradesh government is continuously borrowing funds. So far, the government, which is burdened with a debt of more than Rs 3 lakh crore, has once again taken a loan. This time the government has borrowed Rs 2,000 crore. Notably, this is the third time in the last 13 days that the government has taken a loan.

Actually this loan has been taken at the rate of 7.88 percent interest. The government will repay this loan by the year 2023. The Shivraj government had earlier taken the loan on October 14 and October 20. Both the times the government had taken a loan of Rs 1,000 crore. But this time Rs 2,000 crore has been taken. In this way, the government has taken a loan of 4000 crores within the last 2 weeks.

According to the information, the Madhya Pradesh government is going through a period of severe economic crisis. The has got a debt of more than Rs 3 lakh 29 thousand crore whereas the total annual budget of the state government is also not so much. This means that now the government has taken more loans than the total budget of the state. Due to huge debt, the Shivraj government of the state has to pay a huge amount every year as interest.

According to the information, under the Fiscal Responsibility and Budget Management Act, the state government can take loans up to 4 percent of the state’s GDP. The government has the eligibility to take a loan of more than 40 thousand crore rupees, but so far the government has taken a loan of only eight thousand crores.

National and International Affairs

Chhattisgarhs Karma, Sikkims Tamangshelo adjudged best

Karma dance of Chhattisgarh Surguja region was adjudged the best in the dance category while Sikkims Tamangshelo was conferred the first prize in marriage ceremony and other dance category.

In the Harvest category, Dhengsa of Odisha was adjudged second and Gaddi of Himachal Pradesh the third.

In marriage and other function category, Odisha got the second prize and Jharkhand the third.

A glimpse of the tribal milieu and its connection with nature can be seen in the Karma dance.

The dance is performed in memory of King Karam Sen and is one of the most popular dance forms of Chhattisgarh.

The traditional attire and beautiful rural ornaments of the vibrant folk artists of Chhattisgarhi were seen in the performance.

NITI Aayog observes Special Campaign 2.0 for Swacchata in Government Offices

With the aim of Swachhata at workplace, the National Institute for Transforming India (NITI) Aayog, along with itsattached offices of Development Monitoring & Evaluation Office (DMEO), AtalInnovation Mission(AIM) located in NITI Bhawan and its Autonomous Institution viz.National Institute of Labour Economics Research and Development (NILERD)situated in Narela, Delhiorganized the Special Campaign 2.0 from 2ndOctober to 31stOctober, 2022.

The Campaign has focused on liquidation of pendency in respect of MPs references, references from , Inter-Ministerial references (Cabinet Note), Parliamentary Assurances, Public Grievances & PG Appeals, to review existing rules and procedures to reduce compliance burden, record management, cleanliness of Government Offices including space management etc.

Goa hosts Civil Air Navigation Services Organisation (CANSO) Asia Pacific Conference

Goa is hosting the three day Civil Air Services Organisation (CANSO) Conference from 1st to 3rd November 2022. Across the three days, delegates and exhibitors from the Asia Pacific region and beyond will be discussing and collaborating on the key issues that will help shape the future of Asias aviation Industry and turn the Complete Air Traffic System(CATS) Global Councils vision for the skies of 2045 into a reality.

CANSO the Civil Air Navigation Services Organisation is the global voice of the air traffic management (ATM) industry and is shaping our future skies.

Its members support over 90% of the worlds air traffic and include air navigation service providers, airspace users and operators, manufacturers and aviation industry suppliers. The organization looks on global Air Traffic Management performance by connecting the industry to share knowledge, expertise and innovation.

Brazil’s new president: Lula da Silva

Lula da Silva, also known as Lula, became Brazils first working-class president in 2002 but stepped down after two terms in 2010.

Lula became Brazils first working-class president in 2002 but stepped down after two terms in 2010. Even then he was extremely popular with approval ratings close to 90%. His Workers party (PT) after that was found embroiled in Corruption scandals and accused of plunging Brazil into a brutal .

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