Professional Documents
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PM Visit to MP:
PM laid the foundation stone of projects worth more than Rs. 50,700 crore in Bina, MP.
The projects includes Petrochemical Complex in Bina, a Power and Renewable Energy
Manufacturing Zone in Narmadapuram , IT (Information Technology) parks in Indore, Mega
Industrial Park in Ratlam; and 6 new industrial areas across MP.
i.Petrochemical Complex at Bina Refinery
The foundation stone is laid for the Petrochemical Complex at Bina Refinery by Bharat Petroleum
Corporation Limited (BPCL). The complex will be developed at a cost of ~Rs 49,000 crore .
This advanced facility will produce 1200 Kilo-Tonnes Per Annum (KTPA) of essential ethylene and
propylene, reducing import reliance and aligning with the ‘Aatmanirbhar Bharat’ vision. The project will
generate jobs and stimulate downstream petroleum sector growth.
ii.Details of the other projects:
i.The PM also laid the foundation stone of ten projects namely ‘Power and Renewable Energy
Manufacturing Zone’ in Narmadapuram district, MP.
Power and Renewable Energy Manufacturing Zone, which will be developed with an outlay of more
than Rs 460 crore, will boost economic growth and jobs.
ii.The Two IT Parks (IT Park 3 and 4) in Indore will be built at a cost of around Rs 550 crores. This will
foster the IT and Information Technology Enabled Services (ITES) sector and create employment
opportunities for the youths.
iii.Mega Industrial Park in Ratlam will be built at a cost of more Than Rs 460 crores. This will become a
hub for textiles, automobiles, pharmaceuticals, and more. It will be well connected to Delhi Mumbai
Expressway.
iv.Six new industrial areas will be developed in Shajapur, Guna, Mauganj, Agar Malwa, Narmadapuram,
and Maksi at a total cost of about Rs 310 crore to promote balanced regional development and
employment opportunities.
PM Visit to Chhattisgarh:
During his visit to Raigarh, Chhattisgarh, he dedicated important rail sector projects, and laid the
foundation stone of ‘critical care blocks’ in nine districts of Chattisgarh and also distribute one Lakh sickle
cell counselling cards.
The workshop aimed to strengthen the importance of a One Health approach, cross-sectoral
collaboration, and pandemic preparedness.
About the workshop:
i.Four main objectives:
Enhancing stakeholder knowledge about wildlife-origin disease risk analysis
Conducting a comprehensive gap analysis of India’s risk assessment and management
Simulating disease spillover scenarios
Promoting communication and awareness among relevant stakeholders.
ii.The workshop comprised seven sessions, including two dedicated to risk analysis simulations (one for
disease X and one specific to India).
What is One Health?
‘One Health’ is an integrated, unifying approach to balance and optimise the health of people, animals and
the environment.
It is particularly important to prevent, predict, detect, and respond to global health threats such as
the COVID-19 pandemic.
Additional info:
i.COVID-19 showed countries need to be better prepared for future pandemics.
ii.WOAH is working with Quadripartite, including the United Nations Food and Agriculture Organization
(FAO), World Health Organization (WHO), and United Nations Environment Programme (UNEP), to
address these critical issues.
About Ministry of Fisheries, Animal Husbandry and Dairying:
Union Minister – Parshottam Rupala (Rajya Sabha – Gujarat )
Minister of State – Sanjeev Kumar Balyan (Muzaffarnagar, Uttar Pradesh) ; L. Murugan (Rajya Sabha –
Madhya Pradesh)
About World Organisation for Animal Health (WOAH)
Director General – Monique Eloit
Headquarters – Paris, France
Established in – 1924
The scheme was launched during the ICAR-CIBA’s 2nd edition of Shrimp Farmers Conclave
2023 at the Navsari Agricultural University Campus in Navsari, Gujarat on 14th September
2023.
Key people:
i.The conclave was inaugurated by union minister Parshottam Rupala.
C.R. Patil, Member of Parliament(MP-Lok Sabha) (Navsari constituency) participated in the
Conclave as Guest of Honour.
Grija Subramanian, Chairman cum Managing Director of AIC, Dr. J. K. Jena, Deputy Director General
(Fisheries) of ICAR, Dr. Kuldeep K Lal, Director, ICAR-CIBA, and other senior officials were
present during the event.
About AIC’s Shrimp Crop Insurance scheme:
i.AIC developed the Shrimp Crop Insurance scheme in collaboration with ICAR-CIBA.
ii.The AIC’s Shrimp Crop Insurance scheme is open for black tiger prawn, white leg shrimp, scampi and
others.
The insurance coverage extends from the first stage to 130 days, or until the shrimps are fully
matured.
About the ICAR- CIBA’s Shrimp Farmers Conclave:
i.Shrimp Farmers Conclave provided a forum for aqua
farmers to share insights, debate difficulties, and explore
potential in the shrimp farming industry, aligned with the
government’s goals to improve India’s fisheries and
aquaculture sectors.
The conclave was conducted with the financial
support of the National Fisheries Development
Board (NFDB), Govt. of India under the PMMSY
scheme, NABARD, SCAFi and Agricultural
Insurance Corporation Ltd.
Highlights of the Conclave:
i.During the conclave, CIBA signed 2 Memorandums of
Understanding (MoU):
CIBA signed a MoU with National Fisheries
Development Board (NFDB) for implementing the crop insurance for aquaculture with
premium subsidy offered by the NFDB.
INTERNATIONAL AFFAIRS
India and Russia Agreed to Train Indian Seafarers in Polar and Arctic Waters
India and Russia agreed to train Indian seafarers in polar and arctic waters at the Russian Maritime
Training Institute in Vladivostok, Russia which is named after GI Admiral Nevelsky, and equipped with
simulator facilities.
The decision to train Indian seafarers took place during a meeting between the Union Minister of
Ports, Shipping and Waterways Sarbananda Sonowal and A.O. Chekunkov, the Minister of the
Russian Federation for the Development of the Far East and the Arctic in Vladivostok, Russia.
Union Minister Sarbananda Sonowal also participated in the 8th Eastern Economic Forum meeting
held in Vladivostok, Russia from 10th -13th September 2023.
Key points:
i.India and Russia are set to explore the possibility of using new transport corridors such as the Northern
Sea Route (NSR) as well as the Eastern Maritime Corridor (EMC) between Vladivostok and Chennai to
widen maritime cooperation.
ii.India also invited Russia to participate in the Global Maritime India Summit 2023, set to be held from
17th to 19th October in Mumbai, Maharashtra.
Eastern Maritime Corridor(EMC):
i.Eastern Maritime Corridor is set to connect between Chennai(Tamil Nadu) and Vladivostok which is
What is SBR?
In October 2021, RBI issued the Scale Based Regulation (SBR): A Revised Regulatory Framework for
NBFCs (the framework) which categorizes NBFCs in the following as per their asset size and scoring
methodology:
i.NBFC-BL (Base Layer): It primarily consists of non-deposit-taking NBFCs with assets below Rs 1,000
crore.
Key Points:
i.TMF Business Services Limited, formerly Tata Motors Finance Limited, qualifies as an NBFC-UL (Non-
Banking Financial Company – Upper Layer) based on scoring methodology.
However, it is currently not listed as an NBFC-UL in the latest review due to ongoing business
reorganization.
ii.According to SBR, once an NBFC is classified as NBFC-UL, it must adhere to enhanced regulatory
requirements for a minimum of five years, even if it doesn’t meet the parametric criteria in subsequent
years.
Recent Related News:
i.Education financing startup, Propelld has procured a NBFC license from RBI to disburse loans worth Rs
2000 Cr by Financial Year(FY)24 and to bolster its direct lending proposition.
ii.RBI has granted NBFC licence to the Neobanking platform Jupiter enabling the latter to scale up its
lending business.
About Reserve Bank of India (RBI):
Governor – Shaktikanta Das
Deputy Governors – Swaminathan Janakiraman, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi
Sankar
Establishment – 1st April 1935
Headquarters – Mumbai, Maharashtra
The initiative was launched by Shanti Lal Jain who is the Managing Director(MD) and Chief
Executive Officer(CEO) of Indian Bank in Chennai, Tamilnadu.
The program makes it easier for customers to access and use banking services, and it also offers
both basic and value-added services to customers.
Additional BCs & CBCs:
To implement the initiative, Indian Bank needs to have more than 5,000 newly appointed new BCs (by
March 2024) along with 15 Corporate Business Correspondents (CBCs).
Presently, they have only 10,750 BCs and 10 CBCs.
Indian Bank offers 36 different services to customers through its BC channel.
The integration of the SCI into the NJDG portal signifies the successful completion of the e-Courts
project, bringing all three tiers of the Indian judiciary onto the NJDG platform.
NJDG is ‘sui generis‘ (meaning ‘of its own kind’ in Latin), so uploading data on the NJDG will ensure
transparency and accountability in the judicial domain.
NJDG Portal:
i.It has been developed by the National Informatics Centre (NIC) in close coordination with the in-house
software development team of the SC Registry’s computer cell with an interactive interface and analytics
dashboard.
ii.The entire database will be periodically updated on the NJDG portal on a real-time basis. The NJDG-SCI
portal can be accessed through the SC website.
iii.To date, the NJDG portal remains unparalleled, providing citizens with easy access to crucial
information about the Indian judicial system at the click of a button.
iv.Now, with the click of a button, one can see real-time information on the pendency and disposal of cases,
year-wise, the total pendency of registered and unregistered cases, and also the number of cases decided
quorum-wise.
Benefits of NJDG Portal:
Increased transparency
Accountability and responsibility
Improved efficiency
Increased coordination
Informed decision making
Optimum deployment of resources and manpower
Single source of data
Huge potential for high-quality research work
Key Points:
i.The information available on the NJDG-SCI portal would include the current pendency of civil and
criminal cases, filing and disposal of cases in the previous month, number of cases pending before three-
judge, five-judge, and even nine-judge Benches.
ii.NJDG is recognized as a significant innovation under the ease of doing business initiative of the
Government of India.
The day also aims to bring attention to the significance of preserving the Ozone layer. This day is
also known as “Global Ozone Day.”
The 2023 theme of the International Day for the Preservation of the Ozone Layer is, “Montreal Protocol:
fixing the ozone layer and reducing climate change.”
The theme highlights and reiterates the positive impact of the Montreal Protocol on ozone layer
recovery and reducing climate change.
Note: The theme also emphasises the Kigali Amendment, with its focus on the phase-down of
hydrofluorocarbons (HFCs) and improved efficiency in the cooling sector, brings significant climate
mitigation benefits.
Background:
i.On 19 December 1994, the United Nations General Assembly (UNGA) adopted a resolution
A/RES/49/114 and proclaimed September 16 as International Day for the Preservation of the Ozone
Layer.
ii.The first International Day for the Preservation of the Ozone Layer was observed on 16 September
1995.
Why September 16?
The date September 16 commemorates the date of the signing of the Montreal Protocol on Substances
that Deplete the Ozone Layer with a resolution A/RES/49/114 in 1987.
About Ozone:
i.Ozone (O3) is a highly reactive colourless gas composed of three oxygen atoms. It is both a natural and a
man-made product that occurs in the Earth’s upper atmosphere (the stratosphere) and lower atmosphere
(the troposphere).
ii.The ozone in the stratosphere, known as the “ozone layer,” a fragile shield of gas, protects the Earth
from the harmful portion of the rays of the sun, thus helping preserve life on the planet.
iii.Approximately 90% of atmospheric ozone is located in the stratosphere, which begins about 10–16
kilometers above the Earth’s surface and extends upwards to about 50 kilometers.
STATE NEWS
Goa CM Pramod Sawant Launched Griha Adhar Scheme to Empower Homemakers
Pramod Sawant, Goa Chief Minister (CM) distributed Griha Adhar sanction orders to numerous
beneficiaries in an event held at Ravindra Bhavan, Sankhali (Goa), to financially support homemakers,
promoting their independence and improving their quality of life.
The initiative was organised by the Directorate of Women and Child Development.
The CM also launched the Chavath-e-Bazaar, aimed at empowering Goan entrepreneurs and Self-
help Groups (SHGs), a digital initiative under the Swayampura Goa Programme organised by the
Directorate of Planning, Statistics, and Evaluation.
The CM also flagged off the Chavath-e-Bazaar vehicle, symbolizing a new era of empowerment for
rural artisans and entrepreneurs in Goa.
Griha Adhar scheme:
Griha Adhar is an exemplary scheme, that has now benefited a total of 1.5 lakh women beneficiaries. More
than 3 lakh families benefit with Griha Adhar and Dayanand Samajik Suraksha Yojana schemes(DSSS).
Goa Government provide Rs.2,000 under DSSS and Rs.1,500 under Griha Aadhar.
Chavath e-bazaar:
i.Chavath e-bazaar.com aims to empower women in line with the Government of India’s (GoI) vision of
“Vocal for Local” by providing them with a unique opportunity to become an entrepreneur by starting and
growing their businesses online.
Under Swayampurna Goa 2.0, free-of-cost training will be given to women at their respective
panchayats, for packaging the food items, selling, and other related things.