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World Bank To Provide Turkey $1.78 Billion For Recovery After Earthquake
The World Bank will provide USD 1.78 billion in assistance to Turkey to help with
relief and recovery efforts after devastating earthquakes in Turkey and neighbouring
Syria.
The United States, through the U.S.
Agency for International
Development (USAID), will provide
USD 85 million in urgent humanitarian
assistance as the Agency continues to
lead the U.S. government response to the
worst earthquake to hit the region in
nearly a century.
Up to 23 million people could be affected by the massive earthquake that has killed
thousands in Turkey and Syria, the WHO warned, promising long-term assistance.
About World Bank :
Founded : December 1944
Headquarters : Washington, D.C., U.S
About Turkey :
President : Recep Tayyip Erdoğan
Capital : Ankara
Currency: Turkish lira
NATIONAL NEWS
Indian Railways achieves a significant milestone with the electrification
Govt ends age-65 cap for receiving organ from dead donor, eases rules
It was first proposed by the US in March 2022 as part of wider plans aimed at
enhancing the "security" and "resilience" of semiconductor supply chains, including by
reducing the world's reliance on chips made in China.
It is intended to cooperate on policy implementation that would support sustainable
semiconductor manufacturing in the member states’ home countries.
Support industry efforts to diversify their manufacturing base in semiconductor
production.
Protect the Intellectual Property (IP) of companies in member countries.
Develop policies regarding the export of the most advanced semiconductors and
equipment.
Semiconductors are materials that have a conductivity between conductors (generally
metals) and nonconductors or insulators (such as most ceramics).
They can be pure elements, such as silicon or germanium, or compounds like gallium
arsenide or cadmium selenide.
INTERNATIONAL NEWS
Uttar Pradesh & Singapore Signs agreement for Economic Cooperation
SATS LTD is a leading provider of food solutions and SATS Food Solutions India will
soon be opening a Central Frozen Food Production Plant in Bengaluru.
VANS Chemistry has signed an MoU to build an e-waste collection and pre-
dismantling centre in UP's Greater Noida and it will be the main centre of the
company in North India.
About UP :
Governor : Anandiben Patel
Chief Minister : Yogi Adityanath
Capital : Lucknow
National Park : Dudhwa National Park
Wildlife Sanctuary : Chandraprabha Wildlife Sanctuary, Dr Bhimrao Ambedkar Bird
wildlife Sanctuary, Kishanpur Wildlife Sanctuary
About Singapore :
President : Halimah Yacob
PM : Lee Hsien Loong
Currency : Singapore dollar
STATE NEWS
Kerala becomes the first State to use robotic scavengers to clean manholes
The machine has waterproof, HD vision cameras and sensors that can detect harmful
gases inside.
About Kerala :
Chief minister: Pinarayi Vijayan
Governor: Arif Mohammad Khan
Capital : Thiruvananthapuram
National Park : Eravikulam National Park, Silent Valley National Park
Wildlife Sanctuary : Chinnar WLS, Kumarakom Bird Sanctuary, Periyar WLS
Tiger Reserve : Periyar Tiger Reserve, Parambikulam Tiger Reserve
BUSINESS NEWS
IREDA Plans to Finance Renewable Energy Projects in Foreign Currency
IREDA is planning to
establish an office in
Gujarat's GIFT City to finance
Renewable Energy projects in
foreign currency.
Nodal Ministry:
The Ministry of New and Renewable Energy (MNRE).
It was set up as a specialized non-banking finance agency for the renewable energy
sector.
IREDA plays a key role in renewable energy project financing which gives confidence
to the financial institutions/banks to lend in the sector.
The Gujarat International Finance Tec-City (GIFT City) is India’s first and only
International Financial Services Centre (IFSC) where banks, stock exchanges and
financial services firms have set up their global operations.
It consists of a multi-service Special Economic Zone (SEZ), which houses India’s first
International Financial Services Centre (IFSC) and an exclusive Domestic Tariff
Area (DTA).
It is a statutory authority established under the International Financial Services
Centres Authority Act, 2019.
Mandate:
To develop and regulate the financial products, financial services, and financial
institutions in the International Financial Services Centres (‘IFSC’).
Before the establishment of IFSCA, the domestic financial regulators, namely, RBI,
SEBI, PFRDA and IRDAI regulated the business in IFSC.
GIFT-IFSC is the maiden IFSC in India.
The International Financial Services Centres Authority consists of nine members,
appointed by the central government.
Term: All members of the IFSC Authority will have a term of three years, subject to
reappointment.
ENVIRONMENT
Bengal reports 489 species in Great Backyard Bird Count 2023
Birdwatchers across 35
States and Union
Territories uploaded
more than 46,000 bird
lists, making India take
the second spot after
the United States of
America.
The GBBC was launched in 1998.
GBBC India is the Indian implementation of the global Great Backyard Bird Count,
which runs for 4 days every February.
Indian birders have participated in the GBBC since the event went worldwide in 2013.
India was among 190 countries that participated in GBBC 2023.
Kerala recorded the highest number of checklists of birds.
West Bengal reported 489 species, the most among the 35 participating States and
Union Territories.
Uttarakhand, Arunachal Pradesh, Assam and Karnataka followed with 426, 407,
397 and 371 species respectively.
Tamil Nadu and Kerala took the eighth and ninth spots with 349 and 325
species.
Pune birders uploaded more than 5,900 lists, the most among urban centres.
GBBC India is coordinated by the Bird Count India collective, a coming-together of a
number of groups and organisations that are interested in birds, nature and
conservation.
Navy’s IFC-IOR ties up with Seychelles centre for enhancing maritime domain awareness
Fusion Centre (RMIFC), the Regional Operations Coordination Centre (RCOC) and
the national centres of the seven signatory countries (Comoros, Djibouti, France,
Kenya, Madagascar, Mauritius, and Seychelles).
In a first-of-its-kind nomination, an
Indian Dr K Govindaraj has been
nominated as FIBA (Fédération
Internationale de Basketball) Asia
president.
In the 63-year-old history of FIBA Asia,
this is the first time it will be headed by an
Indian.
The decision was taken unanimously by the 44 federations under FIBA Asia.
Govindaraj will replace Qatar's Sheikh Saud Ali Al Thani, who was serving his 4th
five-year term as head of FIBA Asia since 2002.
About Dr K Govindaraj :
He served as the Vice-President of Indian Olympic Association.
He is currently president of the Basketball Federation of India and member of the
Karnataka Legislative Council (KLC).
About FIBA Asia :
Established : 1960
DEFENCE NEWS
First MCA Barge Launched by Indian Navy
OBITUARIES
IMPORTANT DAYS
Zero Discrimination Day 2023: March 1
In 1972 the representatives of ICDO member states approved the current text of the
organization’s constitution, which entered into force on 1 March 1972.
It attributes the status of the intergovernmental organizations to the ICDO.
March 1 was established as World Civil Defense Day.
Niva Bupa Health Insurance Company Limited (Formerly Max Bupa Health
Insurance Company Limited), one of India’s largest independent health insurers,
launched ‘ReAssure 2.0,’ which includes many industry-first features.
The World Bank will provide USD 1.78 billion in assistance to Turkey to help with
relief and recovery efforts after devastating earthquakes in Turkey and neighbouring
Syria.
For the first time, the Singapore Ministry of Trade and Industry has signed a
Memorandum of Understanding (MoU) for economic cooperation with the Uttar
Pradesh (UP) government.
Water Resources Minister, Roshi Augustine, launched a robotic scavenger
Bandicoot under the Guruvayur Sewerage Project in Thrissur district by the Kerala
Water Authority (KWA), as part of the 100-day action plan of the state government.
Jaguar Land Rover (JLR) has appointed Mr Rajan Amba as Managing Director