23 redensification schemes costing Rs 1900 crores approved in a year
Urban Development and Housing Minister Bhupendra Singh has informed that in the last one year, 23 redensification schemes worth Rs. 1900 crore 87 lakh have been approved by Madhya Pradesh Housing and Infrastructure Development Board in various cities. Out of these, a total of 8 schemes are underway and the process of starting work in the remaining is in progress.
Burhanpur package-1 old district hospital redensification scheme costing Rs 54 crores 27 lakhs, Burhanpur package-2 district panchayat and tehsil office redensification scheme costing Rs 45 crores, Sidhi’sredensification scheme, government office complex at Samrat Chowk costing Rs 55 crores, Singrauliredensification scheme (Block Colony) and RI Quarter land) costing Rs 88 crores, Megh Nagar JhabuaRedensification Plan costing Rs 15 crores, Ujjain Redensification Scheme (Revenue Colony) costing Rs 88 crores 60 lakhs, KhuraiRedensification Plan costing Rs 47 crores and Thatipur-Gwalior Redensification Scheme costing Rs 625 crore have been approved. Work on these is in progress.
Myanmar: NU Government officially accepts Tether cryptocurrency
Myanmar’s shadow government has allowed the use of world’s largest cryptocurrency called Tether.
Tether Cryptocurrency will be used as an official currency.
This move will make it easier to raise funds and make payments.
The National Unity Government (NUG) comprises of pro-democracy groups and some members from Myanmar’s civilian administration, which was overthrown in a military coup recently. The NUG has been working to raise funds for its revolution of toppling the ruling military government in Myanmar. In the other move, the Military government has outlawed and designated NUG as a terrorist.
Tether is a cryptocurrency, which is hosted on the Ethereum blockchain. Its tokens are issued by Tether Limited. Tether limited is controlled by owners of Bitfinex. Tether is called a stablecoin, since it was originally designed to always be worth US$1 and maintain $1.00 in reserves.
UNESCO adds Durga Puja to its Intangible Heritage list
Intergovernmental Committee for Safeguarding of the Intangible Cultural Heritage decided, in its 16th session, to inscribed ‘Durga Puja in Kolkata’ on the Representative List of Intangible Cultural Heritage of Humanity.
16th session of UNESCO is being held, starting from December 13, 2021. It will conclude on December 18, 2021.
Till now, Durga Puja was celebrated in many parts worldwide. But an official global recognition was pending.
Durga Puja is a classic fusion of religion and culture. It is regarded with a lot of pride. This festival is performed and celebrated predominantly by the Bengali community.
As per UNESCO, cultural heritage does not end at collections of objects and monuments. It also includes traditions or living expressions which have been inherited from ancestors and passed on to descendants. It is a practice, expression, representation, knowledge, or skill considered by UNESCO.
India-Poland treaty on assistance in criminal matters receives Cabinet approval
Union Cabinet chaired by Prime Minister Narendra Modi approved India and Poland treaty on mutual legal assistance in criminal matters.
This treaty is aimed at enhancing capability and effectiveness of India as well as Poland in investigation and prosecution of crimes through mutual legal assistance. It will also include crimes related to terrorism.
It also seeks to enhance effectiveness in investigation and prosecution of crime, through mutual legal assistance.
With respect to transnational crime and its linkages to terrorism, the treaty will provide a legal framework for a bilateral cooperation with Poland in investigation and prosecution of crime.
Cabinet approves implementation of PMKSY for 2021-26
Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, approved implementation of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2021-26.
Scheme was implemented with an outlay of Rs.93,068 crore.
CCEA approved central support of Rs.37,454 crore to States.
20,434.56 crore of debt servicing has been approved for loan availed by Government of India to develop irrigation during PMKSY 2016-21.
As a part of the scheme, Accelerated Irrigation Benefit Programme (AIBP), Watershed Development and Har Khet ko Paani (HKKP) components have been extended for 2021-26.
Accelerated Irrigation Benefit Programme (AIBP)
AIBP is a flagship programme, launched by government of India with the aim of providing financial support to irrigation projects.
With the continuation of scheme during 2021-26, total target of additional irrigation potential creation is 13.88 lakh hectare.
Beside the focused completion of 60 ongoing projects, additional projects can also be taken up.
Cabinet has relaxed the inclusion criteria for projects under tribal and drought prone areas.
This component of the scheme focuses on development of rainfed areas for soil & water conservation, arresting runoff, regeneration of ground water and promoting extension activities related to water harvesting & management.
The approved Watershed Development component will cover 49.5 lakh hectare rainfed or degraded lands for bringing additional 2.5 lakh hectare under protective irrigation during 2021-26.
Cabinet approved ₹76,000 crore scheme to boost semiconductor manufacturing
Union Cabinet approved a Rs 76,000-crore scheme for boosting semiconductor and display manufacturing in India.
This scheme was approved in order to position India as a global hub for hi-tech production, as well as to attract large chip makers.
It would also strengthen India’s ambitions to be self-reliant in electronics manufacturing and bring huge investments.
This move will generate 35,000 specialised jobs and indirect employment for one lakh people.
Under the scheme, government has lined up incentives for companies engaged in silicon semiconductor fabs, compound semiconductors, display fabs, sensors fabs, silicon photonics, semiconductor packaging and semiconductor design. With the launch of this scheme, government expects investments of about Rs 1.7 lakh crore and 1.35 lakh jobs in upcoming four years.
Ladakh gets its First FM Radio Station
Ladakh received its first ever FM radio station in the capital city Leh.
The first-ever Top FM radio in Leh was launched by Advisor of Ladakh, Umang Narula.
The frequency for Leh&Kargil will be 91.1 FM.
It will cover 50 kilometres aerial distance in radius.