15.10.21 Daily [Madhya Pradesh] MPPSC Current Affairs

Chief minister Shivraj Singh Chouhan said that Education, security, Health, self-reliance, prosperity and respect of Women and girls are his governments priority in Madhya Pradesh. He was speaking at the Ladli Laxmi festival organised at the Minto Hall here in the state capital.

The work of economic Empowerment of the girl child, giving them vocational training and giving guarantee against bank loans they avail will be done by the . Their tuition fees will also be arranged for higher education. An amount of Rs25,000 will also be given to the Ladli Laxmis when they take admission in college. All possible cooperation will be provided for their development in areas such as music and painting, Chouhan said.

Chouhan said that daughters without parents or found deserted will also be given the benefits of the scheme and Ladli Laxmi Day will be celebrated as a festival not only at the state level but also at districts, blocks and gram panchayats. Madhya Pradeshs Ladli Laxmi Yojana should become a role model in the entire world, the chief minister said. He transferred a Scholarship amount of Rs5.99 crore into the bank accounts of 21,550 girls during the event through a single click.

As per IMF, Indias retail relaxed in September 2021, reducing to a five-month low. This was because of favourable comparison with year 2020 and moderating food prices that offset an increase in the cost of crude oil & fuel.

Consumer price inflation decreased sharply to 4.35% in September 2021 as compared to 5.3% in August. This was the third consecutive month within the Tolerance band of Reserve Bank Of India (RBI).

In September 2020, Consumer Price Index-based (CPI) inflation was 7.27%.

According to NSO Data, inflation in food basket relaxed to 0.68% in September 2021, significantly decreased by 3.11% as compared to August.

Government has tasked the Reserve Bank of India (RBI) to keep CPI-based inflation at 4%, with a tolerance band of 2% on both the sided. RBI usually factors in CPI-based inflation while launching its bi-monthly Monetary Policy.

The Department of Biotechnology launched a One Health consortium on October 14, 2021 in virtual mode.

One Health Consortium has been empowered to carry out surveillance of important viral, bacterial, & parasitic infections of zoonotic and transboundary pathogens in India.

This project will also look into use of existing diagnostic tests and development of additional methodologies to conduct surveillance and understand the spread of emerging diseases.

Central Government has given its approval to invite the expression of interest for installation of pilot 1000 MWh Battery Energy Storage System (BESS) project.

This pilot project is the joint effort of Ministry of New & and Ministry of Power.

Both the ministries have been working on this in order to provide a road map for installation of energy storage system in India.

The Battery Energy Storage System (BESS) will be set in a bid to support the ambitious goal of achieving 450 GW renewable energy target by the Ministry of New & renewable energy by 2030.

India and the United States are set to start a 15-day mega military exercise in Alaska from October 15, 2021 in a bid to further deepen bilateral military cooperation between both the countries.

Year 2021 will mark the 17th edition of the exercise Yudh Abhyas.

Exercise will be conducted at Joint Base Elmendorf Richardson in Alaska.

It will commence from October 15 and end on 29.

Indian contingent

At the exercise, the Indian contingent will comprise of 350 personnel from an infantry battalion group of Indian Army.

Background

The previous (16th) edition of the exercise took place in February 2021 in Mahajan Field Firing Ranges in Bikaner.

Ernst & Youngs (EY) (RE) Country Attractiveness Index was recently published in which India has been ranked at 3rd position.

RE Investment attractive index ranks the worlds top 40 nations with respect to attractiveness of their deployment opportunities and renewable energy

In the index, India retains its third position while US retains the top position.

China has been ranked at second position.

As per report, conditions are ripe for rapid Growth across renewables generation. The major challenge will be inadequate grid investments.

According to Index, corporate power purchase agreements were the key driver of clean energy growth in the Light that, Environment, social, and Governance measures are becoming top agenda for companies and investors.

Huge demand was there as Brussels kicked off its efforts for becoming worlds biggest issuer of sustainable debt.

Euro 12bn sale of 15-year debt attracted about Euro 135bn of orders.

This was the largest green bond deal, eclipsing the UKs 10bn debut in the month of September.

This issue of recent bond is the first of an expected 250bn of European Commission green . It makes about a third of the EUs 800bn Covid-19 recovery fund.