The State Cabinet meeting which was chaired by the Chief Minister of Tamil Nadu, Edappadi K Palaniswami, cleared the 34 major investment proposals with a total investment of Rs 52,257 crore.
These new Industrial Policy have the potential to create 93,935 jobs.
These investments will be done in the sectors including automobiles & auto components, electronics, solar cell manufacturing and including electric vehicles.
The Cabinet also cleared the Tamil Nadu Industrial Policy, 2021.
These incentive packages have been formulated in such a way that it will suit the requirement of each investor.
Some of the investment policy that cabinet cleared includes
Rs 5,763 crore-worth mobile phone components manufacturing unit by Tata Electronics in Krishnagiri district. It has the potential to create 18,250 jobs.
Rs 4,629 crore-worth investments by SunEdison that produce solar PV models. It has the potential to create 5,397 jobs.
Rs 2,500 crore worth lithium-ion batteries manufacturing plant in Tiruvallur district by Lucas TVS. It has the potential to create 3,500 jobs.
Industrial Policy of Tamil Nadu
Tamil Nadu has always been the forefront of economic growth in India. The Government of Tamil Nadu has made significant growth in the field of automobiles, textile, engineering, Information Technology, leather, electric hardware and hi-technology industries over time. To maintain the pace the Government has formulated Tamil Nadu Industrial Policy which the aim of providing the necessary infrastructure in order to ensure the sustained industrialisation in Tamil Nadu.
Objectives of the industrial policy
Tamil Nadu Industrial Policy was formulated with the objective of:
Obtaining boost the average growth rate of manufacturing sector.
Achieving the sustainable industrial development.
Providing employment opportunities in the state.
Enhance the growth of high technology (Hi-Technology) industries such as aerospace and nanotechnology.
Recently, R. S. Sharma has been appointed as the new Chief Executive Officer of the Ayushman Bharat scheme or the Pradhan Mantri Jan Arogya Yojana which is an insurance scheme by the National Health Authority’s (NHA).
The newly appointed chief executive, RS Sharma, will replace Indu Bhushan.
He was appointed after Indu Bhushan has completed the 3-year tenure as the CEO of Ayushman Bharat.
Who is RS Sharma?
RS Sharma has worked as the Chairman of the Telecom Regulatory Authority of India (TRAI).
He is also the head of the Empowered Group on Technology and Data Management to combat the Covid-19 and the Covid-19 vaccine delivery technology platform—Co-WIN.
He also works as a member of the National Expert Group on Covid-19 Vaccine Administration.
Pradhan Mantri Jan Arogya Yojana (PMJAY)
The Pradhan Mantri Jan Arogya Yojana is a component under the Ayushman Bharat Scheme. This scheme by the central government offers free healthcare services to 40% of people of the country. The PMJAY scheme is in mission mode as a second component of Ayushman Bharat. The first component of the scheme is the Health and Wellness Centres (HWCs) which provide the primary health care to the people close to their homes. The scheme was launched on September 23, 2018, in Ranchi, Jharkhand by Prime Minister Narendra Modi. It provides a cover of Rs 5 lakh per family per year. The scheme covers the secondary and tertiary hospitalization in all the private and public hospitals of India. It was launched with the aim of achieving the Universal Health Coverage (UHC).
The United Nations World Tourism Organization (UNWTO) has highlighted that the year 2020 the worst year on record.
Key findings of the report
The UNWTO has made this statement in the light that global tourism suffered massively because of the international travel bans that was into force in order to contain the COVID-19 outbreak.
As per the report, the international arrivals have dropped by 74 percent.
Further, the destinations across the world allowed 1 billion fewer international arrivals than it was in 2019.
The report further highlights that, the restrictions in the international travel has resulted in the loss of USD 1.3 trillion in export revenues.
This loss in the export revenues is more than 11 times the loss that occurred during the global economic crisis in 2009.
As per the report, the COVID-19 crisis has an impact on 100-120 million direct tourism jobs. Many of them are in the small and medium-sized enterprises.
Report highlighted that, the nature of pandemic is evolving due to which many countries are reintroducing the stricter travel restrictions such as changes in the quarantine rules, mandatory testing and complete closure of borders in some countries.
UNWTO’s take on Vaccine
The UNWTO report states that the countries are gradually rolling out the COVID-19 vaccine. The organization expects that this will help in restoring the consumer confidence and will contribute in easing the travel restrictions. Thus, the travel will slowly normalize in 2021 ahead.
UN World Tourism Organization (UNWTO)
UNWTO is the United Nations specialized agency. The agency is involved in the promotion of responsible, sustainable and universally accessible tourism. It is headquartered in Madrid, Spain. UNWTO is the leading international organization in the field of tourism. It promotes the tourism as a driver of economic growth. The agency serves as a global forum for tourism policy issues.
The United Arab Emirates (UAE) has announced its new citizenship policy. The government has planned to offer citizenship to a select group of foreigners. The UAE has thus become the first Gulf Arab nation that formalized the process of giving expatriates a bigger stake in the economy.
Aim of the policy
The new citizenship policy has been announced with the aim of attracting the talent to the UAE in order to boost the growth. The country is considering longer residency and limited citizenship for foreigners because it seeks to attract the investment and diversify from oil.
UAE earlier used to give citizenship in the UAE to some foreigners in special cases. They were given citizenship for providing service to the state.
Foreign Residents in UAE
The Foreign residents accounts for more than 80% of the total population od UAE. The residents are thus the mainstay of UAE’s economy since decades.
Who can be given citizenship?
The government has formulated following conditions to provide citizenship:
Investors should own a property in the UAE.
They are required to obtain one or more patents approved by the UAE Ministry of Economy or any other reputable international body.
Doctors and specialists should be specialised in a unique scientific discipline or the scientific principles that are highly required in the UAE.
Scientists should be an active researcher in a university or research center. They should have practical experience of at least 10 years in the same field.
Individuals with creative talents like intellectuals and artists should be pioneers in the culture and art fields. They should be a winner of one or more international award.
Withdrawal of Citizenship
The citizenship of the individual can be withdrawn if there is a breach of the conditions.
The government is considering to introduce a new bill “National Bank for Financing Infrastructure and Development Bill, 2021” in the ongoing budget session of the parliament. This bill will be passed with the objective of setting up a new development finance institution (DFI) so as to finance the infrastructure projects.
What is Development Finance Institution (DFI)?
The finance ministry had started working on the structure of a new DFI in the year 2020.
DFI will be a specialized institution to provide funds for the infrastructure projects. The DFI will be backed by government.
The DFI will help in funding the projects under the National Infrastructure Pipeline (NIP).
The new DFI will act as a provider, enabler and catalyst for infrastructure financing.
It is also the principal financial institution and development bank to build and sustain a supportive ecosystem during the life cycle of the infrastructure projects.
National Infrastructure Pipeline (NIP)
NIP is a group of social and economic infrastructure projects. The project has been launched for a period of five years. The project has an initial sanctioned amount of ₹102 lakh crore. The pipeline project was first announced by the Prime Minister of India during the 2019 Independence Day speech.
The Parliament of India
It is the supreme legislative body of India. Parliament is a bicameral legislature that comprises of the President of India and the two houses namely the Rajya Sabha and the Lok Sabha. The President being the head of legislature has powers to summon and prorogue either house of Parliament. He has also the power to dissolve the Lok Sabha. However, he can exercise these powers only on the advice of the Prime Minister and his Union Council of Ministers.
Sessions of the Parliament
The period for which the House of the parliament meets to conduct its business is called a session. The Constitution of India has given power to the President to summon each House. The Gap between two sessions of the parliament should not be more than a six-month. Thus, the Parliament must meet at least twice in a year. The Parliament conducts three sessions every year in India:
Budget session that runs from January or February to May
Monsoon session that runs from July to August or September
Winter session that runs from November to December.
The last Sunday of January is celebrated as the World Leprosy Day every year. The day is observed all across the world.
The day is celebrated to raise knowledge about the leprosy.
It also seeks to propagate the need and importance of eradicating the disease.
As per the World Health Organization (WHO), the goal of the observance of the day in year 2021 is to beat leprosy by spreading more information regarding the disease.
The day will be celebrated to spread the knowledge that the disease is curable.
Leprosy cases across the world
As per the report, there were 2,08,619 new leprosy cases globally registered in the year 2018. This figure has come from 159 countries.
Leprosy day in India
In India, the day is being observed on January 30 in the year 2021.
January 30 is selected as a remembrance of the death anniversary of Mahatma Gandhi.
What is leprosy?
Leprosy is also known as Hansen’s disease.
It is an infectious disease which is caused by a bacillus Mycobacterium leprae.
The disease has been named after Gerhard Henrik Armauer Hansen who was a Norwegian physician.
Hansen proved that leprosy is not a hereditary disease but is caused by a bacterium.
The disease is a curable disease and treatment at the early stage can prevent any disability.
It can cause a progressive and permanent damage to the skin, nerves, limbs and eyes if it is left untreated.
The incubation period of the disease is 5 years usually. Symptoms of the disease can be seen within 1 year but it could also take 20 years or even more years to occur.
How it spreads?
The disease spreads through the droplets either from the nose or mouth when the affected person sneezes or coughs.
The Prime Minister, Narendra Modi, will address the 125th anniversary celebration ‘Prabuddha Bharata’ which is scheduled to be organized on January 31, 2021. It will be organized by the Advaita Ashrama, Mayavati
It is a monthly magazine of the Ramakrishna Order.
This magazine was founded in the year 1896 by P. Aiyasami, B. R. Rajam Iyer, G. G. Narasimhacharya, and B. V. Kamesvara Iyer under the guidance of Swami Vivekananda.
Prabuddha Bharata magazine was of great significance in spreading the message of the ancient spiritual wisdom of the country.
The magazine comprises of the articles and translations by monks, scholars and other writers on humanities and social sciences.
The publication of the Prabuddha Bharata magazine was started from Madras (Present day Chennai). The journal was published in Chennai for 2 years. After that, the magazine started publishing from Almora. From April 1899, the magazine started publishing from Advaita Ashrama. Since then, Advaita Ashram continuously edit the magazine and it is published and printed in Kolkata.
Contributors of the magazine
In the history, many great personalities have contributed to the magazine namely, Bal Gangadhar Tilak, Former President Sarvepalli Radhakrishnan, Netaji Subhas Chandra Bose, Sister Nivedita and Sri Aurobindo. Presently, it is edited by Swami Vireshananda.
This ashrama was founded in the year 1899. It was a branch of the Ramakrishna Math. The ashrama is located in Uttarakhand.
It is the monastic lineage founded by Ramakrishna. It was founded in January 1886 at the Cossipore House. It is different from the Ramakrishna Math. Ramakrishna Math is a legal entity that trains the young monks and directs the spiritual duties of the Swamis of the Ramakrishna Order.
The Union Sports Minister, Kiren Rijiju, has presented the Republic Day Awards for 2021 Parade Tableaux.
In the parade of 72nd Republic Day, 32 tableaux participated.
Those Tableaux were selected from the 17 States and Union Territories (UTs).
6 of the Tableaux were from the Defence Ministry while 9 were from other ministries, departments and paramilitary forces.
Best Tableau Award
The Uttar Pradesh tableau was given the award for best tableau out of total 32.
The theme of the UP tableau was “Ayodhya: Cultural Heritage of Uttar Pradesh”.
The tableau of Tripura was chosen as the second-best tableau.
The Tripura tableau displayed the eco-friendly traditions to achieve the self-reliance in the socio-economic parameters.
The third best tableau award was presented to the tableau of Uttarakhand.
Uttarakhand Tableau was displayed with the theme of the “Dev Bhoomi– The Land of the Gods”.
Out of 9 tableaux of the different ministries, departments, and paramilitary forces, the Department of Biotechnology tableau was chosen for the top award. The department had presented the Tableau with the theme of “Atmanirbhar Bharat Abhiyan: COVID vaccine development”.
Apart from that, a special prize was given to the tableau of the Central Public Works Department (CPWD). CPWD was given the award for paying the tribute to the heroes of the Armed Forces. Theme of the CPWD tableau was ‘Amar Jawan’.
The award for best cultural performance was given to student of Mount Abu Public School and Vidya Bharti School Rohini, Delhi. In their performance they had displayed the vision for Self-Reliant India- Atmanirbhar Bharat.
How these Tableaux are selected?
The tableaux are selected by the Ministry of Defence for the Republic day parade. In order to shortlist the tableaux, an expert committee is set up by the defence ministry comprising of the distinguished people from various fields of arts. The expert committee consists of prominent persons from the field of art, painting, culture, music, architecture, sculpture and choreography. States are given representation on a rotational basis.
The Indian Naval Fast Attack Craft, IN FAC T-81, of the Super Dvora MK II class was decommissioned on January 28 2020 in Mumbai.
The IN FAC T-81 was decommissioned after providing service for more than 20 years.
The event for decommissioning was held at Naval Dockyard, Mumbai.
The Chief Guest of the event was Rear Admiral V Srinivas who is the Flag Officer Commanding Maharashtra Naval Area.
About IN FAC T-81
It is a 25 meters long vessel having 60 tonnes of displacement.
The craft was built at Goa Shipyard Ltd. in collaborations with M/s Ramta of Israel.
It was commissioned into the service of Indian Navy on June 5, 1999.
The commissioning of the craft was done by the then Governor of Goa, Lt Gen JFR Jacob (Retd).
It was specially designed for shallow waters.
It has the capability of day or night surveillance and reconnaissance.
The craft was also involved in the beach insertion, extraction of Marine Commandoes, high-speed interception of intruder craft and Search & Rescue.
The craft could achieve the speeds up to 45 knots.
It was the 2nd ship of the Extra Fast Attack Craft (XFAC) Super Dvora MK II Class.
Super Dvora Mark II-class patrol boats
It is a high-speed class of patrol boats. He boats are meant for a variety of naval missions ranging from the typical off-shore coastal patrol mission profiles to a high-speed, high-manoeuvre littoral warfare. It is built by Israel Aerospace Industries for the Israeli Sea Corps. It is the successor to the Dvora-class fast patrol boats. He boats have been employed by the Sri Lanka Navy to counter the LTTE operations at sea.
Fast attack craft (FAC)
FAC is a small, fast, agile and offensive warship that are armed with anti-ship missiles, gun or torpedoes. They are operated in close proximity to land. They lack seakeeping and all-round defensive capabilities to survive in blue water. They can reach up to the speeds of 25–50 knots.
The National Statistical Office (NSO) has released the revised estimates of Gross Domestic Product (GDP) data on January 29, 2020. The data was revised for the for the fiscal years 2017-18 to 2019-20.
The first revised estimates figured the GDP growth at 4 percent for the fiscal year 2019-20. This was 20 basis point lower than the provisional estimates of 4.2% growth that was released in 2020.
This highlights that, the projected contraction of GDP at 7.7% in 2020-21 will increase to 7.8%.
The second revised estimate of GPD for 2018-19 is 6.5 percent while the third revised estimates of GDP growth for 2017-18 is 6.8 percent.
Earlier, the GDP growth for 2018-19 and 2017-18 was 6.1 percent and 7 percent.
Further, this revised estimates for 2019-20 have reduced growth in the primary and secondary sectors. However, it projects a positive growth trajectory for the tertiary sector.
The Gross Value Added (GVA) in the secondary sector shows a 1.1% contraction in 2019-20 while the GVA for the Tertiary sector is expected to grow at 7.2 percent in the revised estimate.
National Statistical Office (NSO)
The National Statistical Office (NSO) was formed through the merger of the National Sample Survey Office (NSSO) with the Central Statistics Office (CSO). The NSO is headed by Secretary of the Statistics and Programme Implementation (S&PI). NSO have three Director Generals (DG) namely the DG of Statistics, DG of Coordination, Administration and Policy and DG of National Sample Survey. They all reports to the Secretary (S&PI). The NSSO and CSO was merged together with the objective of streamlining and strengthening the nodal functions of the ministry. It also seeks to bring in more synergy by integrating the administrative functions within the ministry. NSO works under the aegis of Ministry of Statistics and Programme Implementation (MoSPI).
Gross domestic product (GDP)
It is a monetary measure of the market value for all the final goods and services that are produced in a specific time period.
Gross value added (GVA)
It is the measure of the value of goods and services that are produced in an area, industry or sector of the economy. It is the value of output minus the value of intermediate consumption.
The Prime Minister of India, Narendra Modi, will inaugurate the Chauri Chaura Centenary celebrations on February 4, 2021. The celebrations will be inaugurated by PM virtually and it will be held in Uttar Pradesh.
On the occasion, the Prime Minister will also release a postal stamp that will be dedicated to the centenary year of the Chauri Chaura incident.
The celebrations will also be joined by the families of martyrs and freedom fighters.
The state-wide celebration will also be held and it will begin from 4th February, the celebration will continue for a year.
Chauri Chaura incident
The Chauri Chaura incident took place, in British India, on February 4, 1922 at Chauri Chaura. Chauri Chaura is a place in Gorakhpur district of the modern Uttar Pradesh.
In the incident a large group of protesters who were participated in the Non-cooperation movement clashed with police and the police opened fire on them.
In return, the protestors attacked and set fire to a police station.
This incident led to the killing of all of its occupants.
In the incident, three civilians and 22 policemen were died.
Those protesters were protesting in the light of “Non-Cooperation Movement” called by Mahatma Gandhi.
Following the incident, Mahatma Gandhi halted the non-co-operation movement on February 12, 1922.
This movement was launched on September 4, 1920 by Mahatma Gandhi. This movement was started with the aim of self-governance and obtaining full independence or Purna Swaraj. This was started in the light of withdrawal of the support by Indian National Congress (INC) for British reforms following the Rowlatt Act and the Jallianwala Bagh massacre.
Rowlatt Act of March 1919
This act was passed to suspend the rights of political prisoners in sedition trials. This act motivated Mahatma Gandhi to follow the idea of satyagraha (truth).
Asia-Pacific Personalised Health Index was recently released by the Economist Intelligence Unit (EIU). The index measures the readiness in adopting the personalised healthcare of 11 health systems in the Asia-Pacific region.
Asia-Pacific Personalised Health Index
This is a newly launched index. It measures the progress of a health system towards personalised healthcare.
It evaluated the 11 health systems in the Asia-Pacific region.
The health systems that were evaluated includes: India, China, Singapore, Australia, Malaysia, Taiwan, Japan, Thailand, Indonesia, South Korea, and New Zealand.
It measured the performance across 27 indicators of the personalised health across 4 categories that are called as the ‘Vital Signs’.
The four vital signs include Policy Context, Health Information, Personalised Technologies and Health Services.
Key Findings of the report
Report highlights that Singapore was the best performer among all the 11 health systems.
Taiwan bagged the second position while Japan, and Australia stands at the third and the fourth position of the index respectively.
India was ranked at 10th position out of 11 health systems.
Indonesia was ranked last at 11th
Though, India was ranked at 10th position overall. But in the four vital categories India’s rank is- 10th in the health information indicator, 11th in the health services, 9th in the Personalised Technologies indicator while 5th in the Policy Context indicator.
Economist Intelligence Unit (EIU)
It is the research and analysis division of Economist Group. It provides the forecasting and advisory services by doing research and analysis. It provides- five-year country economic forecasts, monthly country reports, country risk service reports and industry reports. It has several offices across the world including two offices in China and one in Hong Kong.
It is the part of the world in the Western Pacific Ocean. This part varies in area on the basis of context, but it generally includes the Oceania, East Asia, South Asia and Southeast Asia.
The Larsen & Toubro (L&T) has bagged a contract worth Rs 1390 crore for the Mumbai-Ahmedabad bullet train project. This project is India’s first such project. L&T has bagged the contract for the project from the National High-Speed Rail Corporation Limited (NHSRCL).
The contract for the Mumbai-Ahmedabad bullet corridor have been given to Larsen & Toubro (L&T) – IHI Infrastructure Systems Consortium.
L&T has been given the contract for the procurement and fabrication of 28 steel bridges for Crossing Over Rivers, roads, railway lines, highways and other structures for the Mumbai Ahmedabad high-speed rail corridor.
About Bullet Train Project
The bullet rain project or the Mumbai-Ahmedabad high-speed rail corridor is being executed by the National High Speed Rail Corporation Limited (NHSRCL).
The NHSRCL have stated that, about 70,000 MT of steel will be used for the fabrication of 28 steel bridges under the project.
Steel for the fabrication of structures for these steel bridges will be procured from the steel manufacturers through bid.
Bidding for steel bridges
Financial bids for the procurement of steel bridges were opened on December 18, 2020.
In the bidding, a total of eight bidders participated. Out of eight bidders, four were qualified.
Qualified bidders include- Tata projects Limited, Larsen & Toubro- IHI Infrastructure Systems Consortium, Afcons Infrastructure Limited, and NCC Limited.
Mumbai-Ahmedabad bullet Train Project
The Mumbai-Ahmedabad bullet train Project is a 508 km long corridor. It will operate at speed of 320 km/hour. The train corridor will pass through Gujarat, Maharashtra and Dadra & Nagar Haveli. The train will complete the distance of 508 kms in just 2-3 hours. There will be 12 stations along the corridor. The bullet train project is also funded by the Japan International Cooperation Agency (JICA).
Japan International Cooperation Agency (JICA)
It is a governmental agency that engages in delivering the bulk of Official Development Assistance (ODA) for the government of Japan. It assists in the economic and social growth of the developing countries.