23-02-22 Daily-Jharkhand-JPSC Current Affairs

National Bank Agricultural and Rural Development () is organising the State Level Credit Seminar 2022-23 in Ranchi on Tuesday to deliberate upon the strategy tobring about the convergence and synergy of programs and plans of the State Government, NABARD, Banks, Civil Society Organisations and others to ensure optimum exploitation of the developmental potential of the State and finalise credit requirement for primary sectors for the year 2022-23.

As part of the credit planning exercise, NABARD has been preparing the district level Potential Linked Credit Plans (PLPs) for each district every year of the State. These documents reflect the credit potential at ground level, as also Infrastructure facilities and linkages necessary for achieving the available potential.

In terms of RBI instructions, the PLPs form the basis for Annual Credit Plans of the banks. The State Focus Paper (SFP), inter alia, is the culmination of the PLP exercise at the State level. It also facilitates the State Government to prioritize allocation of funds for developing rural infrastructure and other development initiatives in the State.

The State Focus Paper (SFP) for the year 2022-23 presents the exploitable potentials in terms of physical and financial quantifications together with sectoral analysis to strategize an implementable State credit programme for the overall Growth in the Priority Sector in the State. The document also contains important suggestions and inputs for being incorporated into the State budget for the year 2022-23.

NIBRI, at present, has risen around 23 Percentage points (pp) higher than pre-pandemic levels, and around 21pp higher than the third wave.

The Index reported that Google workplace rose by 1.4 pp and retail & recreation mobility rose by 6 pp from the previous week, touching record highs. The Apple driving index increased by 11.3 points, the labor participation rate remained unchanged at 40.1 percent, and power demand increased by 0.4 percent following a 1.5 percent drop.

For the week which ended on 2oth February, the Nomura India Business Resumption Index (NIBRI) reached a record high of 122.8, up from 119.5 the previous week.

The Index showed weak demand due to rising and the scarring due to the pandemic, as the recovery remains uneven, with sluggish consumption and Services even before the third COVID-19 wave.

The IDC will be made up of the IDO and data officers from five government departments, while the IDO will be set up by the Ministry of Electronic and Information Technology (MeitY) to streamline data sharing and access sharing across the government and other stakeholders.

The IDC will be tasked with developing frameworks for defining high-value datasets, finalizing metadata standards and data, and monitoring policy implementation. The various State Governments and Departments will be nominated to the IDC on a rotating basis, with each department having a two-year term.

A draft data policy has been published by the central government. This policy states that all data collected, maintained, and generated, by every government ministry and agency shall be open and shareable. The government could also monetize and earn from detailed datasets that have undergone value addition.

Department of Biotechnology has released a draft foresight paper on synthetic biology. In its paper, department has stressed on the need for a national policy to consolidate Indias stand on the issue.

This 70-page document also notes that, India should avoid conflicting stands on science and policy.

It looks not only at global policies and protocols that must be refer to develop such a policy but also defines synthetic biology and how will be applicable in resulting processes and products.

The paper was developed through a consultative process with experts from several organisations, non-profit organisations, and some people from the Industry.

Synthetic Biology refers to science of using genetic sequencing, modification and editing, in order to create unnatural organisms or organic Molecules which can function in living systems. Synthetic biology helps the scientists in designing and synthesising new sequences of DNA from scratch.

NIBRI, at present, has risen around 23 Percentage points (pp) higher than pre-pandemic levels, and around 21pp higher than the third wave.

The Index reported that Google workplace rose by 1.4 pp and retail & recreation mobility rose by 6 pp from the previous week, touching record highs. The Apple driving index increased by 11.3 points, the labor participation rate remained unchanged at 40.1 percent, and power demand increased by 0.4 percent following a 1.5 percent drop.

The monthly data until the month of January suggests that the third wave had very little on demand, while the supply side remained intact.

For the week which ended on 2oth February, the Nomura India Business Resumption Index (NIBRI) reached a record high of 122.8, up from 119.5 the previous week.

The Index showed weak demand due to rising and the scarring due to the pandemic, as the recovery remains uneven, with sluggish consumption and Services even before the third COVID-19 wave.

World Thinking Day, initially referred to as Thinking Day, is widely known annually on 22 February by all Girl Scouts, Girl Guides, and other girl groups worldwide.

The day is observed to believe fellow brothers and sisters worldwide, address their concerns and understand the true meaning of guiding.

The theme for World Thinking Day 2022 is Our World, Our Equal Future.

Japan has launched its first hydrogen-powered train. This unveiling is seen as a step towards the country’s objective of becoming carbon neutral by 2050. The hydrogen-fuelled train was tested within the country in March.

Highlights

“Hybari,” the two-car train costs over USD 35 million or 4 billion yen and might go up to 140 kilometers or 87 miles at a top speed of 100 kilometers per hour on a single hydrogen refueling.

The train was developed by East Japan RAILWAY associated with Hitachi and Toyota Motor Corporation.

The nation has plans to interchange its diesel fleet with this hydrogen variant of trains and can also look to export them.

In 2030, commercial Services are expected to start. To attain net-zero energy, Japan has made hydrogen a significant clean-energy source.