Will lend Rs 750 crore to JBVNL to improve power crisis: Jharkhand
The state government on Tuesday decided to lend Rs 750 crore to the Jharkhand Bijli Vitran Nigam Limited (JBVNL), state discom, for improving the erratic power situation across the state.
The decision was taken after chief minister Hemant Soren held a review meeting of the current situation of the outages following routine reports of it in the media. Soren also gave nod for Rs 200 crore to JBVNL under annual development plan scheme for infrastructure upgrade across the district.
To help JBVNL purchase extra power from the central pool, the state government will now provide it Rs 750 crore loan from Power Finance Corporation.
The UAE has launched the first Arab-built moon rover
A SpaceX Falcon 9 rocket launched from the Cape Canaveral Space Force Station in Florida, carrying into space the first ever Arab-built lunar spacecraft.
The Rashid Rover was built by Dubai’s Mohammed bin Rashid Space Centre (MBRSC), in the United Arab Emirates (UAE), and is being delivered by the HAKUTO-R lander, engineered by Japanese lunar exploration company ispace. If the landing is successful, HAKUTO-R will also become the first commercial spacecraft ever to make a controlled landing on the moon.
The Rashid Rover, named after the late Sheikh Rashid Al Saeed, the former ruler of Dubai, will analyze the plasma on the lunar surface and conduct experiments to understand more about lunar dust. Razor-sharp lunar dust particles can stick to and erode spacesuits and equipment, causing operational problems for astronauts.
World Bank upgrades India’s GDP growth forecast for 2022-23 to 6.9 percent
According to the World Bank, Indian economy is set to grow at 6.9 per cent in 2022-23, raising its forecast of 6.5 per cent growth made in October. In October, it had cut India’s GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
The institution said that the government is expected to meet the fiscal deficit target of 6.4 per cent of the GDP in 2022-23.
The World Bank saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23. It expected inflation to be 7.1 per cent in current fiscal year.
The country however remains affected by spillovers from the US, Euro area and China. The World Bank saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23. It expected inflation to be 7.1 per cent in current fiscal year.
Issue of Begging
As per the information available on the website of Registrar General of India, number of children (Age up to 14 years) engaged in the act of Begging are attached. These figures are based on Census 2011.
Department had launched the SMILE scheme , however the modalities of the implementation of the scheme namely “SMILE – Support for Marginalized Individuals for Livelihood and Enterprise” are under consideration.
Rourkela stadium world’s largest
Amid a row over the status of Birsa Munda Hockey Stadium in Rourkela among the major stadia across the globe, the Odisha government on Friday claimed that it is the world’s largest facility in terms of seating capacity and it was certified by the International Hockey Federation (FIH).The Rourkela facility will host the Men’s World Cup Hockey, organised by the FIH, along with Kalinga Stadium in Bhubaneswar.
India takes another big step towards achieving 500 GW of non-fossil fuel based electricity installed capacity by 2030
Ministry of Power had constituted a high-level committee under Chairperson, Central Electricity Authority with representatives from Solar Energy Corporation of India, Central Transmission Utility of India Ltd, Power Grid Corporation of India Ltd, National Institute of Solar Energy, and National Institute of Wind Energy for planning the transmission system required for having 500 GW of non-fossil fuel based installed capacity by 2030.
The Committee prepared a detailed Plan titled “Transmission System for Integration of over 500 GW RE Capacity by 2030″ in consultation with States and other stakeholders. The Plan is a major step towards achievement of the goal of integrating 500 GW of non-fossil fuel based capacity by 2030 by providing broad plan of required transmission system for having 537 GW of Renewable Energy capacity by the year 2030.
The Plan has identified major upcoming non-fossil fuel based generation centres in the country, which include Fatehgarh, Bhadla, Bikaner in Rajasthan, Khavda in Gujarat, Anantapur, Kurnool RE Zones in Andhra Pradesh, offshore wind potentials in Tamil Nadu and Gujarat, RE park in Ladakh etc. and based on these potential generation centres, transmission systems have been planned.
India has emerged as one of the world leaders in energy transition with the fastest rate of growth of renewable energy capacities in the world. India has huge ambitions in energy transition and plans to have 500 GW of non-fossil fuel based electricity installed capacity by 2030, so that cleaner fuel comprises of 50% of the installed capacity mix by 2030.
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