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INDIA

Burning Topics

India, Germany Hold Wide-


*~TalksToBoostTiesln
Clean Energy, Trade And New
Technology
tSecond Batch Of 12 Cheetahs
Arrive In Kuno National Park Prime Minister Mr. Narendra Modi and visiting German Chancellor
Mr. Olaf Scholz held wide-ranging talks in New Delhi to boost
tIOialistan Tiger Force, J&K bilateral ties on February 25, 2023.
Gbaznavi Force Declared As
Terrorist Organisations
India, Germany Hold Wide-ranging
tAICTE, BPR&D Jointly
Launch KAVACH-2023 To Talks To Boost Ties In Clean Energy,
Tackle Cyber Threats Trade And New Technology
tin A First, Supreme Court
Begins Live Transcription Of Prime Minister Mr. Narendra Modi German Chancellor underlined the
Its Hearing Using AI and German Chancellor Mr. Olaf Scholz importance of the proposed Free Trade
held wide-ranging talks with a focus on Agreement (FfA) between India and the
tHCL Unveils Next Gen boosting the bilateral ties in the areas European Union for boosting two-way
Supersonic Trainer HLFT-42 of clean energy, trade and new trade and said that he would personally
At Aero India 2023 technologies. The talks took place hours get involved to see its early fruition.
*Kerala Becomes First State To after Mr. Scholz arrived in Delhi on Mr. Scholz said that the finalisation of
Use Robotic Scavengers February 25, 2023 on a two-day visit to the FTA and the investment protection
India, his first to the country after he pacts will contribute significantly to
*PM Opens Asia's Largest became the German Chancellor in expand India-Germany trade as well.
Copter Factory In Karnataka's December 2021. The one-year-long "We want to further deepen trade
Tumakuru Russia-Ukraine conflict and its relations between the European Union
*In World's Biggest Ever consequences including on food and and India and this is why we speak
Aviation Deal, Air India Orders energy security also figured in the Modi- strongly for the free trade agreement. It
Scholz dialogue besides ways to ramp is an important topic and I will get
470 Airbus & Boeing Planes up overall bilateral eng_a&ement. personally involved to ensure that this
*India Introduces "MIIRA'' To In his statement at a JOtnt press event does not drag on;' he said.
Popularise Millets On World with Mr. Modi, the German Chancellor Mr. Scholz said that over 1,800
Stage described the Russian "aggression" German companies are operating in
against Ukraine as a "major catastrophe" India and have provided thousands of
*Indian Army Gets First Set Of
that has negatively impacted the globe jobs. "India has so much talent to offer
Offensive Swarm Drone and said it is important to state "very
System and we want to benefit from that
clearly where we stand_on the .subject" cooperation," Mr. Scholz said. In his
*First 246-Km Section Of including at the UN as 1nternat10nal law media statement, PM Mr. Modi said that
Delhi-Mumbai Expressway governs international relations. "Since Ge~many is also an important source
Inaugurated the beginning of 0e. developments_ tn ?f 1nvestrnent in India, along with being
Ukraine, India has 1ns1sted_ on resolvtng us largest trading partner in Europe.
*SSLV-D2Joins I SRO's Fleet Of
* 'I'hree Rockets
this dispute th~ough dialogue. and
diplomacy. India 1s ready to contnbute
"Today, due to 'Make in India' and
bdia Finds Huge Reserves Of
1hium InJ&K
to any peace process," Mr. Modi said in
'Aatrnanir?~ar Bharat' campaign, new
opportun1ues are opening up in all
his media statement. sectors in India. The interest shown by

10N SUCCESS REVIEW. APRIL 2023 19


Ge["many in these opportunities is ,-e.ry lo aded into relocation crates. Their Kh~star.i Tiger Force is a _
~ncourn~ng for us," the P t\l sa id. D NA samples were taken for the South which aims at revivi ll)jJj~ \
' fr. :\foci, and Mr. Scholz interacted African N ational Biodiversity Instirute. Punjab, the Union H,n~ terr 0 1014,\'
;ep~.ratcly ,,;th top executfres fro m The cheetahs were hydrated with drips Affairs sai·d 10- "Un.tstl"l, tis
a staternent -, for ~111
nd •an and German compa n ies to and fitted with collars on February 17, 2023. The organisatio on Fe~ll,.
· n IS --~
discuss ,vars to deepen econo mic ties. 2023 before being flown to India. In var10us acts of terr - Pro I•
. . Otisr:n . %· '
. The two countries also unveiled a India the cheetahs were first released targete d killi ngs 10 Pun -ab _, incl
,,S1on
_ docum_cnt to en h ance cooperatio
. nin q~arantine bomas according to ~e As fo_r Jammu and K~sh~t_adde:Qi'
;" a~cas o f innovation and techno logy Convention o n International Trade 10 Force, It has been fo 'd"'ut . Gh ·
t said that !ndia and Germany recognis~ E ndangered Species of Wild Fauna and . fi1
10 tratlon
. b"ids, narco,-;un "'"olv
In <Q,.
·,,.1
the close tics that have been nurtured ucs Ond eq
Flo ra protocol and will stay there for a smugg ng as well as - ~• "'ea
li
:;rough th e decades, reaffi rmed in 2022 month as experts closely monitor their terror attacks in Jarnm In carrying ¾
y the I ndia-Ge rm a n Gree n and prog ress. Additional bomas have been
Susr.am able D e,·elopm em P artnershi It draws its cadres frornu a?d -'<ash~
made in Kuno to accommodate all . . VatJo
or~arusatlons, such as Lashkus terr0 .
""'I!(
(GJDP), ar:id acknowledged the positiv~ 12 cheetahs in their individual quarters.
. pr<?act1ve roles of the governments Ja1sh-e -Mohammed T er-e-'J'ai~
inst1ruoon s acad emia and . d , With the new additions, India now Mujahideen and H;rk ehreet"~,
both sides.' in ustry o nhas a total 20 cheetahs, all in Kuno, for I s1am1.- Th e Ministry at-uJ -Jehad.u·
the first time after they were declared 1
extinct in India in 1952. The arrival of Harwi_nder Singh Sandh~@o .declare~
Second Bakh Of 12 new batch of cheetahs is part of an
terronst. He has been
.
Rinda ,.
assocj "" a
th e terronst organisatio B b ated Wi~
Cheetahs Arrive In Kuno MoU signed by the Governments of International and is p r;se:tl bar l<halsa
India and South Africa in January 2023
National Park on cooperation on the reintroduction of Lahore, Pakistan. He 11 by based
. 1ve d"In various t,·rr - as . eenrrol!od
cheetahs in India. The goal of the 10vo
b After
h 8 N arm"b Ian
• cheetahs, a seco nd
cheetah introduction project in India is particularly in Punjab:- onst acti,,jties,
arc of 1 cheetahs, this time from to establish a viable cheetah _ The governmen~ ar:-:-:nded the
So u t h A_fnca , ar ri ved in India and metapopulation in the country that 10 August 2019 to me , . 'e th UAP,\
released into Ku.n o Natio nal p k '-' e pr · ·
Sh di - ar at allows the cheetah to perform its o f designating
. an ,1 d - .d
- 1v1 ua] 00ovis1
eop ur s tnct o f Madhya Pradesh b y functional role as a top predator and terronst. The goven : . ent h d as a
provide space for its designated 53 indivi, -·-Is a so far
· ·· as terr ·
expansion within its historic and 44 organisati c , 5 as t ons~
~ange, thereby contributing to .organisations. errons1
its global conservation
efforts. AICTE, BPR&-) Jointly
Major objectives of the L h
big-cat intercontinental aunc KAV> ~H-2023
transl<:>cation include: (i) to To Tackle Cyb,,r Threats
establish breeding cheetah ._
populations in its historic Advancmg· India's C) ·,- ,:r-prepareclness,
ranges in the country; (ii) to KAVACH-2023, a .ational level
use 1;he cheetah as a flagship hackathon, was launch,: . on February 16,
species to garner resources 2023 .th th
for restoring open forest . Wl e aim to i,', ntify innovative
ideas and technologir :I solutions for
an d ~-rass 1and ecosystems;
and (lll) to provide livelihood addressing the cyb c r security and
A s "!a'!Y as 12 cheetahs _from South Africa arrived in opportunities to locals cybercrime challenges of the 21st century
India and were released into f<llno National Park in through ecb -development faced by the country's !aw enforcement
M adl:J:ya Pradesh on Febmary 18, 2023. and eco-tourism. Around agencies and common citizens. Launched
_ 10-12 cheetahs will be by the Union Ministry of Education's
Union En v iro nment Minister imported annually from African Innovation Cell, All India Council for
Mr. Bhupendra Yadav and MP Chief coun°:ies for the next 5 to 10 years to Technical Education (AICTE), Bureau
Minister Mr. Shiv raj Singh Chauhan on establish a healthy population with of Police Research and Development
February 18, 2023 . The Indian A ir genetic diversity in India, according to (BPR&D, MHA) and Indian Cyber
Force's C-17 Globemaster plane, which the Action Plan for Cheetah Crime Coordination Centre (I4C, MHA),
took off from OR Tambo International Intro duction in India. KAVACH-2023 seeks to encourage
Airpo rt, Gauteng, South A frica carrying innovation and creativity in addressin~
these cheetahs, reached Maharajpur air Khalistan Tiger Force, the complex issues of cyber security an
base from w here the special four-legg ed J&K Gh • cybercrime. . iwn
guests were taken to Kuno in three aznav1 Force ,
KAVACH-2023 is conducted throe !Obi J1l
Mi-17 helicopters along with African
cheetah experts, to release into their
I
Dec ared As Terrorist phases. In the first phase, . e Pb0 kets
statements, grouped into_vano:ia tark
guarantine bomas. Organisations such as Fake News/S 0 ?3!
MDet~criofl,
The 12 South African Cheetahs are Web, Women Safety, Phishing Qbsceoe
comprised of 7 males and 5 females. In The Union Government has declared Video Anal ytics/CCTV, Al rt a0d
South Africa, of the 12, three cheetahs Khalis~n Tiger Fo_rce and Jammu & Content Detection, Sparnf nesics are
K as h mir Gh aznavi F orce as terrorist . /D" · al ore
were quarantined in Phinda, KwaZulu- Malware Analysis_ i~t _ articipa0 1s
111
Natal while nine were in Rooiberg, o rganisations under the Unlawful posed to the public. Willing P dig1
Limpopo. All of them were drafted and Activities (Prevention) Act, UAPA , 2019. are expected to develop 3
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __:_ _ _ _ _ _--:-:-::-:::-:;-;;:;~U(W.AffdL202
20 COMPETITION SUCCESS REVIE '
. I\IDV"" . Ar "fi . -- u oui.g robust
9.'.'.hnologies like . tt c1al Intelligence/
""-hioe Learrung, Deep Lear . be sorted. "'fhe o . .
~(aC ented Reality /Virtual Rea!it)~ing,
there
· are two or nly thing
• ts that if
111 system, the HAL said. The aircraft has
IJtne, that causes ~re vo!ces at the same
~rubinit their concepts on the p' et~ But they obvi a little btt of a problem. a unique tail art of the Hindu God
j)l ~VACH-2023. Ott Maruti, symbolising strength, speed and
Who will I ously have personnel
of'fhe grand finale of KAVACH_ c ean up th agility. HLFT-42 will be similar to the
evening. 'fh e errors by the
.~ hours long mega event, .. ~112023 '
JU-
•,,ticipants to come together to
W1J.1 see the course o?thuggested that duri~g
get a link s th e day, the counsel will
recently-approved projects like the LCA
MK II and eventually the Advanced
By evenin °th e counsel can look at it. Medium Combat Aircraft (AMCA). Its
~cainstorm and develop technological
the transt ey Would have cleaned up simulators and simulations would also
s0u I 0005 thatf canb address . the current be of that capability. The trainer, which
aJleoges. cy er_ security in India said. npt and gtven it to us," he
is aimed at preparing fighter pilots
fhe paruc1pants 1nclu~e students: comprehensively for the fifth-generation
eacchers and professionals fr
,,s
\IIOous fie Ids o f. tee hn. o1ogy, including ° 111
S
HCL Unveils Next Gen aircraft, incorporates an ultra-modern
training suite, enabling hyper-real
Co(l)Puter Science, . Information Upersonic Trainer HLFT-42 combat situations to train pilots in a
fcchnology, and Eng1_neering. 'fhe At Aero lnd,'a 2023 perfectly safe, standardised and efficient
oal of the ~ackathon 1s to create a flying environment.
~o(llprehens1ve system that can 'fh Hin st The US Air Force (USAF), however,
effectively combat cybercrime and (HAL d_u an Aeronautics Limited stole the thunder with two versions of
safeguard the co~~trfs critical Htn. d)ustan
unveiled
Le the
d · scale
F" hmodel of. the its newest 5th-Generation Superso_nic
in&astrU~e and s_ens1ttve information. (HLFT 42 a -In 1g ter Tratner Multirole F-35A aircraft making a
The paroc1pants will work on solutions I di 10 .- ), at the 14th edition of Aero historic debut at Aero India 2023. The
diat can help _law enforce1:1ent agencies 1 n_a_ _a_u_gu_r_at_e_db_y_P_r_im_e_Mi
__ ·s_te_r_.:_tw_o__:j.:_et..:_s-_::F__.:.;-35A Lightning II and F-35A
·ru_
in investtgattng cybercnme, prevent t Joint Strike Fighter-
cybcrattacks, and protect critical represent the leading-
infrastructure from cyber ~eats. They edge of US fighter jet
will also focus o~ developing solutions technology. The F-35's
that can provide a safer online engine produces 43,000
environment for individuals and pounds of thrust and
businesses. Total . prize money worth consists of a three-
Rs. 20. lakh will be awarded to the stage fan, a six-stage
winning teams. compressor, an annular
combustor, a single stage
In AFirst, Supreme Court high-pressure turbine and
a two-stage low-pressure
Begins Live Transcription 1-::::---=-:--:::-------;__________-lthe two F-35s, an F-16
turbine. In addition to

Of Its Hearing Using Al The~ on Febmary 14, 2023 unveiled Next Gen supersonic fighting Falcon duo
framer HLFT42 at Aero India 2023 in Bengaluru. from the USAF conducted
..__ _ _ _ _ _ _ _ _ _ _ _ _ _ _:__ _J daily aerial demon-
For the first time in its history, the
Supreme Court started a system for Mr. Narendra Modi in Bengaluru on strations at Aero India 2023 to showcase
testing live transcription of oral February 13, 2023 and concluded on the capability of one of the force's
February 17, 2023. Aero India show is leading fighter jets. The F/A-18E and
arguments using Artificial Intelligence held at every 2 years and the focus of F/A-18F Super Hornet, the US Navy's
(AI) tools and Natural Language Aero India 2023 this time was on putting most advanced frontline carrier-based
Processing (NLP) technology. While on display indigenous technologies and multirole strike fighter aircraft, were also
heading a Constitution Bench on forging partnerships with foreign part of the exhibits from the US.
February 21, 2023, Chief Justice of companies, in line with 'Make in India,
India (CJI) Mr. D.Y. Chandrachud Make for the World' vision. India's
pointed to a screen place before lawyers futuristic indigenous aircraft, including Statement about ownership and other particulars about

in his courtroom, and said, ''You can 5th Generation Advanced Medium Competition Success Review
see a screen here. We are just trying to Combat Aircraft (AMCA), LCA FORM IV
Mark-2, Naval Twin-Engine Deck-Based 1. Place of Publication : New Delhi
explore the possibility of live Fighter jet, etc., which are at different 2. Pmoditity of its Publication : Monthly
ttanscription of arguments in court. w_e stages of development, were showcased
3. Printer's Na111, : Surenclra Kumar Sachdeva
Nationality : Indian
had to do it in a live environment, so Jt at Aero India 2023. Around 810 defence Addms : 48/ 4, East Patel Nagar, New Delhi-8
is an experiment." companies and del_egates fro~. 98 4. Publisher's Na111, : Surendra Kumar Sachdeva
Nationality : Indian
Elaborating on the initiative, CJI said, countries took part m the exhib1t1on.. Addms : 48/4, East Patel Nagar New Delhi-8
'.'We will just see how it works, at least Over 200 agreements worth around 5. Editor's Nam, : Surendra Ku~ar Sachdeva
Nalionality : Indian
II! the Constitution Bench matters. Then Rs. 80,000 crore were signed during the Addms : 48/ 4, East Patel Nagar, New Delhi-8
Ille will have a permanent record of five-day event. 6, Nam, and addrw of individuals who own th,
~ents, which will of course not only With the tagline "the storm is newspaper and partners or shareholdm holding more
than on, per cent of th, Iota/ ,apita/ : 1. Surendra
cJp the judges and lawyers, but also oming" HLFT-42 is the 'Next Gen Kumar Sachdcva, 48/ 4, East Patel Nagar, New Delhi.
0
Ur law colleges. They can analyse ho~ ~upersocic Trainer' that will play a 2. Vijay Lakshmi Sachdeva, 48/ 4, East Patel Nagar,
~tters are argued ... huge resource. critical role in modern combat aircr~ft New Delhi-110008. 3. Vandana, 48/4, East Patel
Nagar, New Delhi I 10008.
he C]I said that there may be a training with state-of-the-art aviorucs like I, Surenclra Kumar Sachdeva, hereby declare that
Problem when two or more lawyers Active Electronicallf Scanned Array, particulars given above are true to the best of my
Electronic Warfare Swte, Inf~ed Search knowledge and belief.
argue at the same time but sought to
lssu ill and Track with Fly-by-Wm control SURENDRA KUMAR SACHDEVA
re the Bar that even that issue w Publisher

PF:fmoN SUCCESS REVIEW, APRIL 2023 21


kerala Becomes First Aeronautics Limited (HAL) in
Karnatakn·s Tumakuru on February 6,
State To Use Robotic 2023. The factor y is Asia 's largest In World's Biggest
Scavengers helicopter manufacturing facility and
Aviation Deal, Air tv~~
al so a new green field helicopter factory.
!he K erala governme nt launched
rouotic scaveng er B _,,
The Prime l'vlinister also unveiled the Orders 470 Airb l'ld1Q 1

s ew . • , anuicoot, to clean Llght Utility Helicopter (LUH) at the B . Us~


ages in the temple town of
Gunn-ayur, beco ming the fi s· .
new facility as well as laid foundation oe1ng Planes
the · - - rst tate in stone of Tumakuru Industrial Township.
In the world's largest ever .
c ou ntry_ to u se robotic technology
to dean all_its c o mmissioned manh o les.
Mr. Modi expressed delight that
hundreds of arms and defence
Tata Group-owned Air t' 1atio d

470
0
1:!1e B a nd1coot w as launched by the orders to buy a total of d1a J:>la~·
equipment are being manufactured in
~~ ater Resource M ini s ter o f th e State, ~d narrow-body aircraft fro 11/ide-~d
India, which ate being used by the Airbus and America's B . Ill Pran Y
2' 1r. Ros h1 Augus tin e, o n February 24,
~~-\u
1
n <!_er the K e ra la \X7ater Authority's
armed forces today. "From advanced
assault rifles to tanks, aircraft carriers,
these, 250 would be frorn tg, Ou/'\ Xf
from Boeing, in a transacti r lls and ~f
CK _ ) Gu_ru':'ayur Sewerage Pro ject in helicopters, fighter jets and transport be ~ortI, more tl,an $80 billttPected 1
Thn 5t
th ss ur . di nct. " \Vith the launch of aircraft, India is manufacturing it all," option to buy 70 more B .0 n, \J,,jth to
c pr'? Jec_t in Guruvayur, manual he remarked. He pointed out that the The move is set to sion;ficoeJng_aircraafn
sca:e nging in KeraJa ha s ended. It is a investment made in this sector in the I di ' e•u antJy ,_ t
m a1o r s tep towa rds u se of technology- n as sta_ture on tl,e global ~''Pro~,
last 8-9 years is five times than tl,e an emerging leader in th Platforlll
dnven soluaons for manhole cleaning • tt' on sector. "Th e orde conilllerciai as
investment made before 2014. He avta
ac ross th e S~te," the M.inis ter declared. 40 Air~us A350s, 20 Boe: cornPtise
Th e ro b o ac Tron Unit, which is the emphasised that hundreds of helicopters
are going to be manufactured in this 10 Boetng 777-9s wide-bod g 78 7s and1
mai or c o mponent of Bandicoot, enters well as 210 Airbus A320;3{ Ncraf~ as
t he m _anhole an~ removes sewage using facility itself in the near future which 1
will give rise to businesses worth Rs. 4 190 Boeing 737 MAX single-aisl eos :tnd
ro b o ac hands, s1m1lar to a man's limbs. The A350 aircraft will be eaircraft
lakh crore.
The machine has waterproof, HD vision Rolls-Royce engines, and th!Bf?ed hv
cameras and sensors that can detect The greenfield helicopter factory,
spread across .615 acres of land, has by engines from GE Aeros 71781;
harmful gases inside the manholes. airline said in a state!ace," the
Bandicoot, developed b y Kerala-based been plarined with a vision of becoming February 14, 2023. enr on
Genrobotics, a Techpark-base company, a one-stop solution for all helicopter At a virtual event coni rnemo ·
had recently bagged 'Kerala Pride' award requirements of the country. Initially, it m<:'ga de~, US_ \residn n Mr. 1'!°a1the
at the Huddle Global 2022 conclave will produce LUHs, indigenously- hailed Air India s dee •ion to p hden
organised by Kerala Start-up M.ission designed and developed 3-ton class, 220 aircraft from Bot . ,g and ca]Jurcd _ase
(KSUM). Genrobotics has developed single-engine multipurpose util_ity «L: · b e It a
~u~tonc agreeffi:en~, •een Tata-awned
"the world's first robotic scavenger" helicopter wit!, unique features of high rurlines and BoeJ.ng_ .. - rus purchase will
Bandicoot in an effort to eliminate manoeuvrability. In the beginning, the support over 1 milli,- "' American jobs
manual scavenging providing respite for factory will produce around 30 across 44 states, and rr-, ·y will not require
workers engaged in manhole cleaning. helicopters per year and ilien onwards, a four-year college . o-ree. This also
its capacity will be enhanced to produce reflects tl,e strengtl ,f the US-India
PM Opens Asia's Largest 60 and then 90 helicopters per year in
a phased manner. Over tl,e time, the
eco°:omic partnershir -,e added. French
President Mr. Emn, .,el Macron s~d
Copter Factory In factory will be augmented to produce that the agreement ' . :,rks a new stage
oilier helicopters such as ~ght Combat in India and f ·. ce's strategic
Karnataka's Tumakuru Helicopters (LCHs) and Indian Multuole
partnership" whi l. , hanking Prime
Minister Mr. Modi '• rnur confidence
Helicopters (IMRHs). It will also be used in France and our int .,.•r•:." British Prime
Prime Minister Mr. Narendra Modi for maintenance, repair and overhaul of
inaugurated the helicopter manu- Minister Mr. Rishi :d~ hailed a rnulti-
LUH, LCH, Advanced Light Helicopter billion-pound deal l \irbus and Rolls-
facturing factory of Hindustan (ALH) and IMRH in the future. Royce to supply ne,- · ,craft to Air lndi;
;i~;i~:;.;;:~;;;::::i--------------7N~E~W~~n; as a landmark mome for the countrys
aerospace sector. f
The historic Air ,1dia purchas_e 0
470 jets has caused · ,e world to su;~
0

and take notice beca•cse of Its scale th


the ramifications it h 0 , for Air 10 es: f•
r aviation industry and ,,Gme of che iggbulk
global econom1es.
d c ·
· th_e biggest
. T hi "_is
ft \ mencan
or er 1or rurcra -:-• ft in Z011 is now
purchase of 4?0 aircraThe deal marks
the second-highest.
Airlines'

. aire!'ft·
India's debut as one of th e mda)~~ would
. These or e . to
buying countnes.. ' fleet and help It
modernise Air India s .t network, at a
"dramatically exp~d \~s to becom~
time when the earner_p " said Mr.
world-c1ass proposioon Chairman , of ra1a
Chandrasekaran, 1 ~s
I-'-'----·- ---- -. if HAL 1vas inaugurated bry Group. . w hi ch was
Air India, retired mostaof
has acqUlre · dbY
Asia's largest helicopter "!anufactunng J~ctftm~akum on February 6, 2023. over a year ago, pRfL zo2J
l--~P~'M~~M~r.~.~N~a:re~n~d~r.~-a~M;o~d~z~a~t=Ka~~r~na~t.~-a~k~a=s================
COMPETITION SUCCESS
REVIEW, A

22
. munication and AI
aiferaft and launched a 5-year compuung, com te various mission
mill~t (kutkt'), kodo millet, finger millet
r. older odernise its ageing fleet The pr~toc?ls to e~ecu minimal human
(ragi/ mandua), proso millet (cheena/
1
jiJ1 (() rn Jane will go into service at the ob1ect1v~s Wl th UAVs exhibit self-
commo~ millet), barn)'ard millet (sawa/
nt'zb23. Currently, the airline has sanwa/ 1hangora) and brown top millet
intervenuon. T~e ollision avoidance
organisingbehav1our, c and obstacle
i11d O erating 218 all'Craft, flying to (koral_e). These crops require Jess water
i,ee? opstic and 38 overseas destinations. between t~e u Ays a true swarm,
than ~ce and wheat, and are main!)' grown avoidance with terralll- In II wer with
,zd0:s deal, Air India's fleet size will ltl ramfed areas. Now grown in more there is no tru~ leader and f~a0n 'their
fith than double, and it will surpass than 130 countries millets are the all members In a swarm g ·
111o'c,o•s fleet of 300 air_craft to become traditional food for 'more than half a ' . d' to undertake collec~1ve
own rntn . d ·ve formauon
Jodi est airline operating on domestic ~illion people in Asia and Africa. Globally, decision-making, _a ap_~ the swarm,
i)lCJarg well, The kind of aircraft that Jowar !s the most widel)' grown millet flying and self-healing Wl h · the
5
io~t~~1a has ordered indi~ates that it cro_p; its major producers are the US, according to Mr. Sameer Jbos 1fi f
,W co significantly expand its footpnnt China, Australia, India, Argentina, Nigeria founder of New Space. The ene t o
~JllS ernacional routes as well as fly to and S~dan ..Bajra, another major millet such a swarm is that if one drone drops
o0111 ~ajor and minor locations within crop, 1s mainl)' grown in some African out or a few crash due to enemy counter
i,otlid rnestic market. countries and India where millets are measures the group can rearrange . or
(he o "-=.--------- mainly a kharif crop. During 2018-19, self-heal itself to continue ~ndertaking
India Introduces "MIIRA" the Agriculture Ministry data show, bajra the mission till the last UAV 1!l air.
(3.67%), jowar (2.13%) and ragi (0.48%) Countries such as United _States,
To Popularise Millets accounted for about 7% of the gross United Kingdom, Turkiye, R~ssia, Israel
cropped area in the countr)'. and China are actively pursumg swarm
On World Stage drones programmes. While new
Indian Army Gets First technologies-AI and edge compunng
With food se~urity and n~triti?n a top in particular-will drive drone swarms,
• city in agnculture dunng Its G2O Set Of Offensive Swarm the key element is said to be the swar~g
~:idency, India has introduced a global software. It is this facet of swarmIDg
. ·oacive to encourage the consumption Drone System that makes the development of swarms
: d production_ ?f. millets. The Millet difficult and few nations have been able
rernacional Irut1atrVe for Research and In a boost to its offensive capability, to demonstrate missions exhibiting de-
1
:wareness (MIIRA) was introduced at the Indian Army has started receiving its centralised swarming algorit_hms, In~,a
the first Agriculture Deputies Meeting first heterogeneous swarm Unmanned being one of them. The ge1_1es1s ?f India,s
(ADMl of the Agriculture Working Aerial Vehicle (UAV) system for use on swarm drones is in the Indian Air Force s
Group under India's G2O Presidency, held the battlefield, according to a report Mehar Baba swarm drone competition
at Indore, Madhya Pradesh, from published on February 13, 2023. The of 2018. The idea then was to encourage
February 13 to 15, 2023. The G2O delivery may possibly be the world's first start-ups to work on sw~r:°1 UAVs, ~oth
Agriculture Deputies deliberated on four operational high density swarming for humanitarian and military rruss1ons.
themes: "food security and nutrition", Unmanned Aerial System (UAS) New Space Research & Technologies had
"sustainable agriculture with climate- induction for military applications, won the award for best 'swarming
smart approach", "inclusive agricultural especially given that most swarm drone architecture'.
value chains and food systems", and
"digitalisation for . agricultural .•· ,. .. , . ·X.·. >,;,.\. First 246-Km Section
transformation".
The "MIIRA'' is aimed at connecting • . ''
..All
·• Of Delhi-Mumbai
: ~:1~:~~~~/:;;i::gn:e:~::~ ~- • . -~ ~ -~-~ . Expressway Inaugurated
on millet crops. Besides setting up a web ·X ·· •'.:"!
platform to connect researchers and · · t;t '' Prime Minister Mr. Narendra Modi
holding international research - · )I(' ~ . ,i. maugurated a 246-km section of the
conferences, the plan is also to promote -· · ' i" • :, rti Delhi-Mumbai Expressway in Rajasthan's
millet consumption by raising awareness. Indian Army has started receiving its Dausa on February 12, 2023. Expressing
It 1s in line with the UN declaring 2023 first heterogeneous swarm UAV system pride.in dedic~ting the first phase of the
as the International Year of Millets and from Bengaluru-based New Space Delhi-M1:1111ba1 Expressway to nation,
the_Union Government's plan to make Research & Technologies. Mr. Modi underlined that this is one of
India a global hub for millets. The the most. advanced expressways in the
programme will be launched keeping in research is yet to be operationalised world w~ch pre~ents a grand picture of
mmd the nutritional value and the across the world. Supplied by an Indian developmg India. The Delhi-Dausa-
climate-resilient nature of millets. For start-up, Bengaluru-based New Space Lalsot section of the Expressway has
~ill~ to take off, India will contribute Research & Technologies, the swarm of been developed at a cost of more than
e seed money" while each G2O 100 drones is capable of hitting targets Rs. 1~,150 crore. The operationalisation
member will later have to contribute to at least 50 kms away into enemy territory. of this section will reduce the travel time
;~ budget in the form of a membership Ordered under the emergency from Delhi to Jaipur from 5 hours to
e. The MURA secretariat will be in procurement, the swarming systems around 3.5 hours -and provide a major
0pe!1, as, with India being . a major show that India has taken a global lead boost ~o the economic development of
nto ucer of millets this will ensure a with induction of a cutting edge 'Made the entire region.
of investment,from the country's in India' technology which is at par, if The Delhi-Mumbai Expressway, also
Ustry and resear ch bodi es.
Mill not ahead, of its peers across the world. known. as th e w"."estern
, Dedicated Freight
ass ets are small-grained cereals such A drone swarming system consists of Corndor, will be India's longest
fax:ghum Gowar),,earl millet (bajra), a group of UAVs which cooperate with express'_Vay with a length of' 1,386 km
with
tnillet (kangni Italian millet), little each other using advanced autonomy,
CoMp ~-:;;;;;;;;:-;~;;,:;;;.;;;-;~;;-;~-----------------..:__ _ _
cTIT!ON SUCCESS REVIEW, APRIL 2023
-==:.=:::_::
connecting India's national capital

23
the electronics had The commercial
its financial capi tal. It will reduce the ,-chide as well .~:aid I\Ir. s. Somanath, India Ltd. plan arn-i of IS)l
tra vel di stance between Delhi a.nd performed well, kin after the technology for s to tran 0,/-i
Mumbai b y 12% from 1,424 km to Chairman, !SRO, spea g
sector. !SRO is troductio~fer tliti,\
~.2'!_2 km and travd time will be reduced port in Tamil N so, blJiJdi liJ t1i e lij
Y 50% fro m 24 hrs to 12 hn. It will su~~=s~r;:·d its maiden t:light, c . adu s.,,. llga t,__.
basj thro ugh one liT and 6n: States- SSLV DI 111
-
. _ August 7 2022. But 1t had
'nu·ss
' ·
because of shortfall In
ror sending up th ''-ula8 L
e sn-iau e"-lr, ,, .
p e hi , H a r yana, Ra jas than Madhya
radcsh, Gu jarat and Maharashtra--and
a narrow -
.
,,eJoat:y. n-
w1
th cail
7" thin six mon hs, a i: ure India Finds rock~Jl.~~
c~ nnect ma jor cities like Kota, Indore; analysis was conducted and c anges w~e
Jaipur, Bho pal, Vadodara and Surat. made to the e<Juipment bay, t e Reserves Of ~IJ~
The Co rrido r is bc_ing developed with
an 8-lane co nfiguraaon with provision
separaaon . mecharusm and the on-board
system ,.ror recogru·sing faulty sensors. d
____In J&I( thi11111
to expand to 12-lane in the future with a
d esi_~ speed o f 120 km per h~ur. In
Five new pieces of hardware were teste
before the second flight ~f the new
India announced .
discovery of reserv Its 6r .
I
add1a o n, the corridor will be completely 81
launch vehicle to ensure its success. alkali . metal cruciale~ of lilJti~1&ili6~
access-controlled with closed tolling.
Perpetual pavement design has been
"Despite a setback in August 2022, the electnc vehicle. The or manu(' a..,
ado pted for Delhi-Vadodara section of team worked hard to make th ~ changes of India (GSI) foun~eo(o&ica/~,
1

suggested by the review comnuttees and 59·lakh tonnes of Ii hi 5.9 ll!"lJi


the_Corrid<?r, ~~ch passes through arid
Sala! -H aunana
· I u~-~
regions while ngid pavement design has came up with five ne'Y hardware an~ areat ofUIJl reserve on. o·,
bcei:i adopted for Vadodara-Mumbai new separation system ill five months, Jammu and Kashmi th Reasj di sr_n~1
se~aon of the Corridor! passing through Mission Director of the SSLV, Mr. S. f Min . r, eij , Strjct"
o es said on Fehr llJonAu . ro
r3J.11- ~ed areas, to provide supenor ade V mod, said. It all started in 2018 and the is 7th largest lithium r uary 9, 2023CU:,11)
quality, u se r comfort and longer rocket has reached the intended and according to the eserves in the. ' fl!J
pavement life at a lower total cost of destination today, he added. it is worth Rs 3 384 bcilliurren1 llJarket%d1
operation over the lifecycle of the project. I n 202 1, much · ' onap . Po,.
sm?Jlerde _ProX!JJJ.,.;'
Delhi-Mumbai Expressway is a were found in tLe P0 s1tsoflit1t
greenfield project and the National K arnata k a. India imp. ,, souther S
n lati ,
Highways Authority of India (NHAI) d f lithi Orts 80o;,
nee s o um .,nain] fr O of ;Or1
p~s to plant 20 lakh saplings along its and Argentina. T he dev~Jo om Ausna1i
enare length. Three-feet high boundary at a time when 1,,dia has _prn~nt col!ti
walJs and sound barricades are being put two lithium miw:s in Ar)US! identifi~
up for protection of animals. It will also
serve 93 PM Gati Shakti Economic possible acquisiti" 'l or a I gentrna for 1
. h.
L It . ong-terrnJ
Nod~s, 13 ports, 8 major airports and 8 1um 1s a key co ea.~
b attenes· and oth. c electromponeo1 · .L 0f
Mul_a-Modal Logistics Parks (MMLPs) . . Oles 1J1atatt
besides boosting new upcoming b econung illcrea, .1gly common atouod
greenfidd airports such as Jewar Airport the world, parn darly in the
and Navi Mumbai Airport. It will have a re ch argea bl e lith. -,m-ion batteriescaseuJ<dof
catalytic impact in the developmental in electric-vehicL ·nanufacturing, as,-e!
trajectory of all adjoining regions, thus The SSIY-D2, in its second as larger-scale ba-- ·ry storage. Witli these
contributing in a major way to the developmental flight launched on manufacturing ,·ends expected !O
economic transformation of the country. February 10, 2023, placed three accelerate over· t - corning years as me
satellelites in orbit. energy transitio , ·ncreases, interest io
SSLV-D2 Joins ISRO's India's newest rocket, SSLV-D2,
this silvery-whit,· , rretal will continue ro
grow, and analyst ~xpectglobaldeml
Fleet Of Three Rockets weighing 120 tonne, is 34 metre tall. The will more than d, .. ble by 2024. Experts
rocket's total carrying capacity is 500 kg say that the disc _ ,ery could aid Indil's
India got one more rocket to launch to Low Earth Orbit (LEO), though in its push to increase -'"< e number of pm1te
satellites. After the second development maiden successful flight it had a total electric cars by ::. '% by 2030.
flight of Small Satellite Launch Vehicle payload of 175.2 kg. The three-staged As per US Geo:ogical ?urvey dau,;;
(SSL V-D2) successfully placed three SSLV-D2 is primarily powered by solid 21 million tonne:, Bolivia 1s home
satellites in a 450 km circular orbit around fuel (total 99.2 tonne) and also has a world's largest identified lithiumresen·)
the Earth the new rocket joined the Velocity Trimming Module (VTM) followed by Arger:rtina (2?milli~:;fo;
Indian Sp~ce Research Organisation or powered by 0.05 tonne of liquid fuel for United States ot Amenca (I ..r:,
ISRO's fleet of three rockets. On its precise.. .
illject10n o f satellites. With the tonne) Chile (11 1nillion to • rnilli 0
second developmental flight launched on new rocket in its portfolio, ISRO now (1.9 ~on tonne), ~hina ( -~e) 6 ;d
February 10, 2023 from the first launch
pad at the ~ountry's only spaceport
has three rockets-(i) Polar Satellite tonne), India (5.9 million t)In faC\
Launch Vehicle (PSLV) and its variants, Germany (3.2 million t~M: ·in sou~
Sriharikota m Andhra J.:>radesh, the (ii) Geosynchronous Satellite Launch Bolivia Argenana and - h triallgle
SSLV-D2 put into_ orb1t an Earth uve hi cIe (GSLV-Mkll and LVM3) and America ' form a Jithlum-nc . " Now, ~e '
Observation Satelhte-07 (EOS-07)
weighing about 156.3 kg an? two
(iii) SSLV. The SSLVis a ready-to-transfer called the "li~urn _trl:J:s
1
clJecou!l;
rocket with modular and unified systems new discovery ill India es of uthl .
others-10.2 kg Janus-1 belongmg t~ with standard interfaces for production home to 7th largest rese:\r lithi\)Jll~
ANTARIS of the US and 8. 7 _kg Az~di by the industry. The SSLV design drivers in the world. One conn 36 laid\,ut11
Sat-2 belonging to Spa~e Kidz I?dia, are Iow cost, h ave 1ow turnaroun d time, · currently price · d at Rs.kh57co()Jles
· uu•Jii<h
Ch enna. 1. "The satellites . precisely
h have flexibility in accommodating value of India's 59 la 84 31,02~ !)li
intended orbits meant t at . Ie sate 11 Hes,
· 33 ' 1' the 1"0...t1
reaching the . ·d d mu 1up h ave Iaunc h -on- reserves will be Rs. billion- n . e ll"
cost-effective gw ance an demand feasibility, minima] launch crore or Rs. 3,384 . all the oJll
t h e new, d . th 1 h . frastructure reqwrements
.
nav1ga . ti" o n system use rn e aunc m an d o th ers. market, its . pric . e varies t,PRil )01
1

REVIEW.
COMPETITION succESS
24
The World
Burning Topics

*Nikos Christodoulides
Becomes New President
11

J· Of Cyprus
* French President Pledges
~; A'New Era' In Africa
;, .
*UK And EU Strike A
f. Northern Ireland Trade
,l :Deal
*·~ USSeattle Becomes First
City To Ban Caste Mr. Nikos Christodo11/ides on March 1, 2023 became the youngest
i Discrimination President of Cypms at 49.
'*:FATF Suspends Russia's
~- Membership Over Ukraine Nikos Christodoulides Becomes
' .
c:·War New President Of Cyprus
*~.START
f
Russia Suspends New
With United States
-
Cyprus's former Foreign Minister
Mr. Nikos Christodoulides took over as
in Political Science from the University
of Athens. He launched his diplomatic
the country's new President, becoming career in 1999, climbing up the ranks
{ 1Mohammad Shahabuddin its youngest leader at 49, on March 1, until he became Foreign Minister for
t chuppu Elected 22nd 2023. He was elected as the President the right-wing President Mr. Nicos
f President Of Bangladesh of the country, winning 51.9% of the
votes in the run-off that took place
Anastasiades in 2018. He quit that
position in June 2022 to join the
fl .
t '.World's First Super Magnets on February 12, 2023, edging out presidential race. As the Foreign
the fellow diplomat and communist- Minister, he failed to take a clear stance
·:For Nuclear Fusion Plants backed candidate, Mr. Andreas on Russian sanctions due to the invasion
~Developed Mavroyiannias, who received 48.8% of Ukraine, which led to many criticising
t~~w 7.8 Magnitude votes.
Mr. Christodoulides ran as an
his "pro-Moscow" stance.
Since the 1974 Turkish invasion,
;; Earthquake Hits Tiirkiye, independent candidate and had .the Cyprus has been split by ethnicity, with
~yria backing of centnsts and c~ntre-rtght Greek and Turkish Cypriots living on
parties that usually had har~ne stances either side of a United Nations-patrolled
*]~dia, UAE, France on solving decades-old div1S1ons 10 the ceasefire border. Mr. Christodoulides has
Establish Trilateral Mediterranean island country. This 1s the previously considered that the main
-~. .
first time ever that a candidate has won problems facing Cypriots were "the cost
Cooperation Initiative the presidency without having. the of living and housing, immigration and
* Eqtatodal Guinea backing of two of the most prom1nent the Cyprus problem", referring to those
political groups, the conservative DISY divisions in the country.
Appoints.Manuela As First and the communist AKEL. The last round of peace talks
Woman PM In his winning speech, had collapsed in mid-2017,
*us 'r- 0£fers Critical Mr. Christodoulides said, "I l?ok you
the eyes and give you a promise-I will
Mr. Christodoulides campaigned as a
urufy10g force for ethnically divided
Technologies To India do everything to be worthy of_ your
. ~,
UnderiCET
Australia Decides To
trust." He has frequently been tn the
ublic eye for his persona of a young,
Pnergetic politician offering new ideas
Cy~rns, esc~ewing ideological and party
divtstons. Hts message resonated with a
wtde swath of voters. He says he wants
to resume talks but that a UN
l\eniovo 'British Monarchy fn the past decade. He studied in Malta framework governing discussions should
and New York before gettmg a doctorate be renegotiated.
Prom;fts Bjltlk Notes . . . ·:.,
t'oifp
F:rmoN SUCCESS REVIEW, APRIL 2023 25
Malian border, said that a rene~ved The agreement, concluded
French President Pledges relationship between France and of confidential talks and Ill aftei \\-
A 'New Era' In Africa countries could be based on a wtn-wm starts, could have far-reachinuibpie cl,
partnership. and political consequences•g econ: ½
French President Mr. Emmanuel trade war between Britain · av~,
Macron vowed to reduce the number UK And EU Strike smoothing Britain's relatioand the fl1
. ta! ne1g . hb ours and ns ,,a
of Fr_ench troops in Africa under a "new contmen ~,thc·'1
s~nty partnership" with the concerned
A Northern Ireland door to restoring a ~Pening 1
naaons and to roll out more ambitious
economic policies, in a bid to boost
Trade Deal government in Northern Ire?ctio~
months of paralysis. It and ,f, 1
. . could '<ti
Fran_c e 's waning influence in th e Britain and the European Union (EU) remove a !ingenng Irritant b ,11
co ntinent. Mr. Macron called for struck a landmark agreement to end a and the USA as President A, etwJeen
. "tr. oe B·
ui
opening a " new era" in a speech at the festering dispute over post-Brexit trade had presse d Pnme Minister %: td~
E lysee , the presidential palace o n rules for Northern Ireland, potentially of Britain to negotiate an d. Sun,,
Feb~1:1ary 27 , 2023, ahead of an . 'th B en t0 ."{
resolving one of the most poisonous 1rnpasse WJ russels. the
ambiao us trip to Gabon Angola the legacies of Britain's exit from Europe's Northern Ireland's trade rul
Repu bl._ic of Congo and' Democratic
R '
trade bloc in 2020. Br1t1sh Pr1me as the Northern Ireland Proes, knO\i,n
epublic of the Congo. He said France Minister Mr. Rishi Sunak and President fiendishly complex and have ~ocot, are
mu st move _away from interfering in of the European Commission totemic issue for Brexit ecorne a
parts _of Afnca that it once ruled as a Ms. Ursula von der Leyen announced .. b
umomsts ecause of the t . and
U11Jque status: It 1s
. . part of theernto
~olo11Jal power, adding that the continent the deal, which they called "Windsor U _ry 's
is no longer its " backyard". Addressing Framework", after hammering out the Kingdom but shares a land bo d llited
African countries as " partners with fmal terms at a meeting in Windsor, the Republic of Irelan d, a m:rner IVith
wh?m we share interests and balanced, outside London, on February 27, 2023. EU and its single marker. The rul ber of
reCJprocal, accountable responsibilities", . d to avo1.d custo;; s checkeswere
d es1gne
Mr. Macron said, adding "There is 1

ano th er path". He further said that land border, whi c·, wout/the
French military bases won't be closed unacceptable for Irelar .· and , be
. N orth em I reland , -articuliorrnanI,
m
but will be transformed based on need~
expressed by African partners. nationalists, the large!\' •·atholicarIY the
Mr. Macron's speech came at a time
·
th e pop u]atlon that w~-
•s the tePart. of
whe_n France's influence on the to unite with Ireland. rntory
~onanent is facing its biggest challenges
In decades. Growing anti-French Seattle Becor,es First
senamem has led to street protests in
several West and North African
US City To B. ;11 Caste
• • • .
countries. In addition, the historical D1scr1mm i'1on
economic ties that France had wi·th the S ttl h b
region are under pressure from the eati e as ecome · e first US ci"'''
growm_ · g commercial presence of Russia, to al
1 ou aw caste
il discri,
d : 1ation after j~
Chrna and Turkiye . Mr. Macron boc councI di passe
A a 1 nlution, moved
kn European Commission President Y an n an- meric · politician and
acf owledged · · that
· , Africa now is a "field M s. Ursula von der Leyen and UK economist, to add c· ·re to its non-
o _compet1t10n , and urged French Prime Minister Mr. Rishi Sunak on discrimination polic: The resolution
business_es to "wake up" and get February 27, 2023 announced a moved by Ms. Ks!. ,,a Sawant, an
mvolved m the fight. Mr. Macron, 45, is landmark Northern Ireland trade deal upper-caste Hindu, w , ,. , is a city council
the first French President born after the called 'Windsor Framework'. member, was approve:• " n February 21,
end of colonial era. He has previously 2023 by the Seattle l. • :: Council by si~
sought to extend France's cooperation "_United Kingdom and the European to one vote. "It's offic:,l: our movement
with English-speaking countries, such as U111on may have had differences in the has won a historic, firs:-:., -the-nation ban
1
Ghana and Kenya, and increase French past but we are allies, trading partners on caste discrimin 1 tio n in Seattle!
investments in Africa's private sector. and friends," Mr. Sunak declared, adding, Now we need to build a movement to
In 2022, French troops had to "this is new beginning of ·a new chapter spread this victory around the countty,"
withdraw from Mali, which turned in our relationship." Ms.- Von der Leyen Ms. Sawant said soon after the resoluuon
instead to private Russian military said that the agreement would allow was voted. The results of the vote could
contractors of the Wagner group, and them to remove a source of friction and have far-reaching implications on the
most recently from Burkina Faso, which focus on _greater challenges including issue of caste discrimination in the US.
also appears to increasingly look towards curbmg climate change and defending Equality Labs, the brain behind the
Moscow. In 2022, Mr. Macron had Ukraine in its war with Russia. Mr. Sunak anti-caste discrimination resoluuon_ lil
announced the formal end of the so- highlighted three features of the deal: a Seattle and which has been spearheading
ca ll e d B arkh ane Military F orce a f ter " green Iane " WI'th littl e b ureaucracy ,or
c a natlonwi
· ·de campaign· sai·d, "Love has
France withdrew its troops from Mali. good travelling from Britain to Northern won over hate as Seattle has become
French operations to help fight Islamic Ireland; a provision allowing the British the first in the nation to ban caS te
extremists in the Sahel region are now Parliament to set value-added tax and discrimination. We have braved r.ipe
focussing mostly on Niger and Chad, excise duties for Northern Ireland; and threats, death threats, disdfor:;::~
where the countr}' still has about 3,000 an "emergency brake" enabling the and bigotry." It has create _a c
troops. In Burkina Faso, Boubacari elected Assem bly m · BeIfast to prevent of some 20 o orgarusaaons
· · m suppor tral 1
10
Dicko, the emir, or traditional chief, of new EU law on goods from being of its efforts over the issue. Cen than
the northern city of Djibo near the applied there. this coalition is a network of more
_ _ _ _ _ _.:__ ___:___: _ _ _ _ __:_:_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _:::-::-;::-;;;::;,-;;pRJL2023
26 COMPETITION SUCCESS REVIEW, A
. ste Ambedkarite organisations.
,tJu-dltheJJl are the Ambedkar King The FATF · Ministry said that the country_int,~nd~~o
ju · di . continues to call upon all
~oh,de, Ambedk~r International ton~ cttoas to remain vigilant of threats observe and adhere to the limtts wt tn
~d1 j\mbedkarite Buddhist th . e Lntegnty, safety and security of the life cycle" of the arms control Treaty,
,orer,. 0 of Texas and Boston Stud)' f e International financial system arising which is set to expire in 2026_. US
C .,,atJO di . . .
A¢uv «Caste scnmmatton has no rom th e Russian Federation's war Secretary of State Mr. A_n~ony ,~linken
G fOu~~ society anywhe_re in the world, against Ukraine. called Mr. Putin's dec1S1on deep! Y
t. here in Amenca. That is why
j!Ou~~Ueges and universities have
It is pertine t th ·
been expelledn fto note h at Russrn· has
unfortunate and irresponsible." ~e sa1~
that President Mr. Joe Biden s
E · rom t e Council of
~edit on campuses, and wo_rke~s are Hurope and suspended from the UN administration remains ready to talk
bl'111. for their nghts ~d ~ei_r dignity umtn Rights Council, but is still a about the nuclear arms Treaty "at any
tung jovolvmg caste discnnunation," mem. er. of many international time with Russia, irrespective of anything
. c,ses 'd ~~an_isattons. The FATF also added else going on in the world." He was
Sawafit Sal . .
its. , Jndian-Amencans fear that tgena. and South Africa to its list of joined by other Western allies, li_ke France
Mao) · bli countnes subject to increased and the United Kingdom, which called
-~,jog caste m pu c policy will
cO~ fuel instances of Hinduphobia ~orutonng, and removed Cambodia and on Mr. Putin to reverse the suspension.
i,Jl ;r us. Since 2019, ten Hindu
in t 1~ and five statues, including those
orocco from the category. The New START was signed JO
Prague in 201 Oas a co?tinuation of ~e
(dll~{ahatma -~andhi and Maratha Russia Suspends New Strategic Arms Reductlo_n Treaty, which
of eror Shivap, hav~ been vandalised had expired the previous year and
cf11P the US _as an mttrruda_tion tactic
START With United States oversaw a drawdown of nuclear forces
55
,cro 51 the Hindu commuruty. Indian between the two superpowers in_ the
Russian President Mr. Vladimir Putin
1990s. The new agreement puts lilTiltS
~\icans are the second-largest announ_ced_ that his country was
~J!le · th e US . According on the number of deployed
iJll!Ugrant group 10 suspending tts participation in the New
intercontinental-range nuclear weapons
data from the 2018 American Sttategtc Arms Reduction Treaty (New
that both the US and Russia can have.
~J!lmunity Survey (ACS), which is START) wtth the United States
imperiling the last remaining pact tha~ The number of deployed warheads-
to0ducted by ~e. US Census Bureau, warheads that are placed on missiles or
~ere are 4._2 ~on peo_ple of Indian regulates the world's two largest nuclear
arsenals. Mr. Putin made the declaration in military bases with operational
origin residing 10 the Uruted States. forces-was capped at 1,550 and there
in his much-delayed annual State of the
Natton Address to Russia's National are additional ceilings on the individual
fATF Suspends Russia's Assembly on February 21, 2023. number of deployed missiles, bombers
Membership Over Simultaneously, in a lengthy statement and launchers as well. Also, both the
pu_blished on us website, Russia's Foreign countries are permitted to conduct
Ukraine War M101stry said that the decision to inspections of each other's weapons
suspend participation in the Treaty is sites, though inspections had been halted
Global anti-money laundering "reversible", adding that ''Washington since 2020 due to the Covid-19
fltchdog, the Financial Action Task must show political will, make pandemic. The New START was last
Force (FATF), suspended Russia's conscientious efforts for a general de- extended in early 2021 for five years,
membership for its "illegal, unprovoked escalation and create conditions for the meaning the two sides would soon need
1nd unjustified" ful'l-scale military resumption of the full functioning of to begin negotiating on another arms
mvasion of Ukraine, said an official the Treaty and, accordingly, control agreement.
ible!Dent issued after the group's five- comprehensively ensuring its viability."
ilay plenary concluded in Paris on Mohammad Shahabuddin
February 24, 2023. "Russia's actions
mceptably run counter to the FATF Chuppu Elected 22nd
rote principles aiming to promote President Of Bangladesh
111:Urity, safety and the integrity of the
jMlbal financial system and they also Mr. Mohammad Shahabuddin
represent a gross violation of the Chuppu, a former judge and freedom
commitment to international fighter, was elected unopposed as
cooperation and mutual respect upon Bangladesh's 22nd President. The
Qich FATF members have agreed to development came after Chief Election
unplement and support the FATF Commissioner Mr. Kazi Habibul Awai
standards", the statement said. scrutinised nomination papers and
lbe FATF sets standards for more declared Mr. Chuppu, a member of the
dian 200 countries and jurisdictions and Russian President Mr. Vladimir Putin on Awarni League Advisory Council and
to help authorities tackle serious February 21, 2023 announced suspension the party's nominee, the President-
~es, including drug smuggling, of 'New START' with the US. elect of Bangladesh. The 74-year-old
Rus an trafficking and terrorism. The While Russia did not withdraw from Mr. Chuppu will replace incumbent
iJr·stan Federation remains accountable the Treaty completely, it appeared to be Mr. Mohammad Abdul Hamid, the
longest-sernng President of Bangladesh
~dbligation to implement the FATF formalising its current position. In his
toii · s. "The Russian Federation must whose tenure~ end on April 23, 2023
h tlnue to meet its financial obligations. speech, Mr. Putin suggested that the US and the Constttutton bars him from
•ne Ru • would share information about Russia's
~t
~e"'b sstan Federation will rema.tn a
er of the Global Network as an nuclear facilities with Ukraine while
?olding a third term. A gazette was
issued on February 13, 2023 on the
O
. n ;; tnember of the Eurasian Grou_p calling a full return to the Treaty appo~ntment of the new Bangladesh
1"I0 ney L d d "absurd". Despite ending its adherence
1~ ri h aun ering (EAG) an retain h R · F • Pres1d_e~t by the Chief Election
an EAG member," it said. to inspections, t e usstan ore1gn Comrruss1oner.
CO/,fp -
tTITJON SUCCESS REVIEW, APRIL 2023 27
Born in the northwestern Pabna commercial fusion energy, wi th th.e go_al earthquakes were followed b
district, Mr. Chuppu was a leader of of demonstrating grid-ready fusmn 10 2,100 aftershocks. The seis Yl!i 01e
~wami league's student and youth wings the early 2030s. . was the result of shaJl tllic se \
10 the late 1960s and early 1970s. He Nuclear fusion has been hailed as ~e faulting. ow Strik\9
also took part in the 1971 Liberation "holy grail" of clean energy, with There was widespread d t.1~
War and was imprisoned for waging a scientists working on the tec~inology area of about 3,50,0oo ainage i .
prote~t ~fter the August 15 , 197 5 since tbe 1950s. The process mvolves estimated 14 million peo sq.kill.' ~
assassmaoon of Bangladesh's founder I
Tiirkiye's population ,~ e, 0 r 160,\
mimicking the natural rea~ti_o ns that > were ,, .
~angabandhu Sheikh Mujibur Rahman occur within the Sun, proV!ding nea~- 1
Deve opment experts fro affe, 'i
m a military coup along with most of limitless energy without r~quiring fossil Nations estimated that ab rn the lJ~it<l.
his family members. The coup also led fuels and without producmg hazardous people were left horn~~t l.5 Ill\~
to the toppling of the Awami League waste. Commercialisation of the power 26 February 2023 ess. 1\ 1
~vernme~t. In 1982, Mr. Chuppu was source still remains a long way off, 51,100 deaths were C~nfilllore tnl,;
1nd~cted into the country's judicial though several major breakthrou&hs th an 44 ' 300 ill
. T" ki Irnied i1,
ur ye and : illo
Se[Vlce. He served as the coordinator recent years have given hope that It will 6,700 in Syria. It was th ll'iore
of the Bangabandhu murder trial when be attainable within the next decade. In earthquake in Tiirkiye e .deadlie·
Awami League returned to power in 2022 scientists from the Lawrence 526 A nuoc . h sin s1
earthquak Ce to
th~ 1996 general election. After his Liver~ore National Laboratory (LLNL) deadliest in Syria since the ~ ;nd tn:
~eorement as a district and sessions in California became the first to achieve 82
earthquake. It was the deadJi l\!epr,o
Judge, Mr. Chuppu served as one of a net energy gain using nuclear fusion wide since the 2010 Haiti e~ st ll'otld.
the _c ommissioners of the independent power. and the fifth-deadliest 0 f rthqua~
;A~t1-Corruption Commission. He later ·
Joined politics and became a member century. Co 11ect1vely, the earth the 2l11·
of 0e Awami League Advisory Council,
Mw 7.8 Magnitude ~stimated to have caused $S4~akes ate
ill damages, making them th· billion
which comprises senior party leaders and Earthquake Hits costliest earthquakes 00 e fourth.
technocrats. However, Mr. Chuppu will
have to relinquish the party post to Turkiye, Syria was the deadliest natural dir~cord. It
' mo dern .history.
become the titular Head of the State.
T ur ki yes D•~ to
A earthquake of Mw 7.8 magnitude roads, winter storrr, - and disruamagej
on Richter scale struck southern and · •
commurucatlons h:1i--1pered the pnon. 10
World's First Super central Tiirkiye and northern and western di saster agency AF,,., :.J ,s rescue nano!U]
d .
Magnets For Nuclear Syria on February 6, 2023 at 04:17 TRT effort, which inclur\:d a 60 OOanO re\ef
. , ·Strong
or 01:17 UTC. The epicentre was 32 km searc h -an d-rescue c,rce, 5,000 heal
Fusion Plants Developed west-northwest of Gaziantep. The workers and 3! -. 1100 volunt ili
earthquake had a maximum Mercalli Following Tiirkiye'_s ,.J.11for interna:i~
A UK firm announced the world's
first set of "super" magnets that can be
intensity of XI (Extreme). It was
followed by an Mw 7.7 earthquake which
help, more rl:an L: 1,000 people from
used for testing nuclear fusion power 94 countnes JOtne,' he rescue effort
was centred 95 km to the north-northeast
plants. Tokamak Energy said that the
Demo4 magnet has a magnetic field
from the first, in Kahramanmara India, Ui:..;\ France
Province. There was widespread damage
strength that is nearly a million times
stronger than the Earth's magnetic field,
and tens of thousands of fatalities. The Establish 'rrilateral
making it capable of confining and Cooperation Initiative
controlling the extremely hot plasma India, France a:::i the United Anh
created during the fusion process. "This Emirates (UAE) an,: >Unced the creation
is a huge, visible moment that we're of a formal tril.:t eral cooperation
really excited about," said Dr. Rod initiative for project; in solar and nucleir
Bateman from Tokamak Energy on energy, the fight against climate change
February 7, 2023. "Our magnets enable and joint production of m1lttarr
the construction and operations of hardware. Union Minister for External
spherical tokamaks, and so are a game Affairs Mr. S. Jaishankar and hts
changer for getting clean, limitless fusion
energy on the grid faster," he added.
counterparts from France and the
Ms. Catherine Colonna and Mr. She
U!
Tokamak Energy CEO Mr. Chris Abdullah bin ,zayed Al Nahyan,
Kelsall said that the company's new respectively, adopted a road map for
magnet tee h no logy wou Id h elP pus h More than 51,000 peop,e1 were killed as implementing th e 1rut1at1v
· · · · e during'fhea
forward advancements by providing a Mw 1.8 magnitude tremor hit Turk!Je phone call on February 4, 20 23· and
key component of the fusion process. and Syria on Febmary 6, 2023. Foreign Ministers of India, France in
"The learnings from Demo4 will be a the UAE had met for the firS t o_m eoi
5
key catalyst for delivering the global Mw 7.8 earthquake was the strongest to a trilateral format on the :f~mbl1
deployment of compact, low-,~ost occur in Tiirkiye since the 1939 Erzincan the United Nations Gener 22.11
spherical tokamak power plants, he ~a.rthquake of the same magnitude, and 19 20
in New York on Septe~b~ to'esrablish
said, adding, "we are proud to be )Oilltly the second-strongest recorded in was then that they dectde . jniciao1t,
delivering this world-first, complete the country, after the 1668 North a formal trilateral coope_ratl~~operacio0
system of HTS magnetic ~oils, which Anatolia earthquake. It was also one of with the aim of expa nclin~ interest,
will now be assembled Into a full the strongest earthquakes ever recorded in various fields of ~utud by the three
k
to ama k con fi1gura~10n . 10r
r: testing.
. " . t h e L evant. I twas felt as far as Egypt
ill A 1010t
. . sta tement issue ·des agreed t)Jil
,..,., 3
J.0 k ama k E nergy 1s · a.urung
· · to b e th e I srae,I Pal estme,
· Le b anon, Cyprus an d' st'des, ~al'd, "The
. . three
·ative 51will serVe ai
first private company to produce the Black Sea coast of Turkiye. The the trilateral Ulltl Ji/L2021
_ _..:__ _ __::_..:__ _::__ _ _ _ _ _ _ _ _ _ _ _ _ _:__ _....:.__ _::-:'.::-;:'.;-;;:;::;;;;-iR~EVIEW, AP
28 COMPETITION SUCCESS

c:d
forum to promote the d~sign_ and University of Equatoria! Gui~ea. greater coliaboratio
execution of cooperation pro1ects 1n the l\ls. Botey replaces outgoing Prime consortium of leading / bt
1\-Iinister Mr. Francisco Pascual Obama Quantum m . d ustry playesearehtr1\·~:
fields of energy, \vith a focus o~ solar
and nuclear energy, as well as 1n the Asue who held the position for nearl y countries
. h ave agreers bGth1,.'1
l
fight against climate change_and t~e eight years. Ms. Botey's new position was establishment of the - e ta 11
protection of biodiversity, particularly 1n announced by Mr. Obiang on state Q uantum CoordinatJon . 10 int I ,.
rn h %, 1
the Indian Ocean region". In this television on February 1, 2023. The US has Wei ec anistiii_·\ 1

context, the three countries will explore Equatorial Guinea has been ruled by establishment of the ~ ;ed ,
0

the possibility of working with the Mr. Obiang since 1979 when he conductor Mission. This _n la Sc~:
Indian Ocean Rim Association (IORA) . .
overthrew his uncle, Mr. Franci sco s h are d lnterest in diversif . en ll
IS Se '•
to pursue "concrete, actionable projects Macias Nguema, in a coup. The West d .
con uctor supp1y chains gl b Stit,I ~ng
on clean energy, the environment, and African country gained independence also enhancing the flow ;lly,
O
biodiversity". While listing defence as from Spain in 1968 and since then, there
an area of close cooperation, the three between India and the u~ .1alc,1
have only been these two Presidents. bac_kdrop of the Chips Bill of In tn1
countries said that efforts will be made Now 80 years old, Mr. Obiang is the which ts focussed on sern· the l\
to " further promote compatibility, and world's longest-serving Head of State, . icond
joint development and co-production, manu f actunng and res Uct0i
excluding monarchs. He cemented his development. Also the ..... earch
whilst seeking out avenues for further place as the world's longest-standing ' ,w-0 cou ·
collaboration and training" between the
armed forces.
A range of trilateral events will be
ruler back in November 2022 after he
was re-elected for a sixth term in office
are set to deepen cooperation • 0tnes
especially on human spacefli space
will include advanced m ining
r
for\
lhis
with 95% of the votes.
organised within the framework of astronauts at NAS;\ Johnson tlian
India's G20 Presidency and the UAE's ~ent~r. The two si<les are lookinPace
hosting of COP28 in 2023. The three
US Offers Critical 1dent1fy opportunH1e.; in comm g_Io
. both cou erci.aJ
countries further agreed to expand Technologies To India space sectors w h en:1n
II b ntnt1
cooperation through initiatives such as can co a . orate, espt ,:1 ally in NASA's
the Mangrove Alliance for Climate led Under iCET co1:1merc1al lunar : :\yload services
by the UAE and the lndo-Pacific Parks proiect.
Partnership led by India and France. India and the United States of
They will also use the trilateral initiative
America joined hands on critical
technologies including Space, Quantum
Australia Dtddes To
as a platform to promote cultural
cooperation through joint projects,
and Semiconductors. This was the Remove British Monarchy
outcome of the inaugural meeting of
including heritage promotion and
National Security Advisor Mr. Ajit Doval From Its Bank Notes
protection.
with his US counterpart Mr. Jake Australia has decide:.:< ro remove the
Equatorial Guinea Sullivan in Washington, D.C. on
January 31, 2023. Both India and the
British monarchy fro; ,-. its bank note,
The nation's centn •! i.l ank said on
Appoints Manuela US have elevated their strategic February 2, 2023 that 'ts new $5 bill
partnership with the launch of the would feature an ind1~e nous design
As First Woman PM initiative on Critical and Emerging rather than an image of King Charles
Technology or iCET. 'We are committed III. But the King is sriU expected to
Equatorial Guinea got its first woman
to fostering an open, ·accessible and appear on coins that cu rrently bear the
Prime Minister after Ms. Manuela Roka
secure technology ecosystem, based on image of the late Quee:i Elizabeth II.
Botey was appointed to the post by
mutual trust and confidence, that will The $5 bill was Au m alia's only
President Mr. Teodoro Obiang Nguema
reinforce our democratic values and remaining bank note to still feature an
democratic institution," said a Fact Sheet image of the monarch. The bank said
issued by White House. India's Prime that the decision followed consultation
Minister Mr. Narendra Modi and the US with the centre-left Labor Party
President Mr. Joe Biden had announced Government, which supported the
the decision to elevate and expand the change. Opponents say the move_1s
Strategic Technology P~rtnership as well politically motivated . The Bnush
as Defence Industrial Cooperation in monarch remains Australia's Head of
May 2022 on the sidelines of the QUAD State, although these days that role is
Leaders Summit in Tokyo. largely symbolic. Like many o_ther
The two countries have announced a former British colonies, Australia _15
new bilateral defence technology road debating to what extent it should retain
map. This is expected to speed up its constitutional ties to Bntam.
defence technology cooperation in the One Australian dollar is worth about
Ms. Manuela Roka Botry was areas of joint development and 71 cents in US currency. British currency
on February 1, 2023 appointed as production, especially rela~ed to jet began transitioning to the new mon_ar~
the fir.rt woman Prime Minister of engines and other technologies. A ne~ with the release of the 50 pence com
Equatorial Guinea. invitation arrangement for a partnership December 2022. It has ~harles on
between the US National Science front of the coin while the b_a
Mbasogo. Ms. Botey had been the Foundation and the Indian science commemorates his mother. Pnme
Minister for National Education, agencies has also been a_nno_unced to Minister Mr. Anthony Albanese's centrke-
University Education and Sports since further expand collaboratJon 1n a range left Labor Party _is s_ee ki ng tomae
rralian
August 2020. She was also the Vice- of areas including Artificial Intelligence Australia a republic with. an Aus f the
Dean of the Faculty of Letters and (AI), Quantum Technologi~s and ci~z_en as Head of State mstead O a;lil
Social Sciences at the National Advanced Wireless Technologies. For British monarch.
30 2023
COMPETITION SUCCESS REVIEW. APRll
ndianEcon
mw,;,,.,,,~.mmw
.
. . th . fi t provisio n, esom
s1gruficantly narrower an its irs Add d (G VA) in the
february 2023 GST Collections 7.3% contraction. Th_e Gross . Value ter (Q3) o f 2022-23,
Cross Rs. 1.49 Lakh Crore economy grew 4.6% m the thi rd qu_ar · ued to shrink
slower than 5.5% in Q2. Manufacturing co nan f 1 I%
dia's Goods and Services Tax (GST) r_evenues grew lZ.4% for the second quarter, alb elt . a t .a slower p ace o .
In ary 2023 to Rs. 1,49,577 crore, with tax receipts from compared with Q2's 3.6% contracaon: t r's persistent
febru,imports nsmg
·· . _and d omesac
6°10
1 · transactions along
Economists termed the manufacrurmg se~ levels lower
f,° Mr v
5
vices imports y1ekli_ng 15 1/o more from the figures of slack a negative surprise that brought Q 3 isroA
0
~d .
~chc~e:responding month m 2022. This is the 12th straight . . . Ch. f E conomic v1ser . .
than their pro1ecaons. ie th 4 40;.O GDP
~~nth chat revenues have surpassed Rs. 1.4 lakh crore, though Anantha Nageswaran, however, asserted e ~de to the
growth print is "also because of the revis~?ns m
GST Revenue Collection previous years when the base has gone up ·

Workers With Advanced Digital Skills


Contribute Rs. 10.9 Trillion To GDP
Workers in India, who use advanced digital skills, including
Cloud Architecture or Software Development, contribute an
estimated Rs. 10.9 trillion or $507.9 billion to India's annual
Gross Domestic Product (GDP), according to a new research
report by Amazon Web Services (AWS) <?n February 23, 2023.
This is attributed to the 92% higher salaries th~t these workers
earn compared to those with a similar educaaon who do not
Ffb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb use digital skills at work. .
The 'Asia Pacific Digital Skills Study: The Econormc Benefits
2022 2023 of a Tech-Savvy Workforce', commissioned by AWS and
conducted by Gallup, examined how building a technology-
for Feb 2023 t Crore enabled workforce has significant benefits for work~rs,
CGST SGST organisations and the economy. More than 2,000 working
34,915 adults and 769 employers were surveyed in India across a
variety of public and private sector organisations and industries.
The Study found that advanced digital workers in India are
benefitting from more than just a boost in their income. As
many as 91 % of workers who use advanced digital skills
Ce IGST express higher job satisfaction, compared to 74% of workers
11,93 75,069
with intermediate skills and 70% of workers with basic digital
Source: Ministry of Finance KBK lnfographics skills. The Study also found that 21 % of Indian organisations
that run most of their business on the Cloud reported doubling
it was 5.06% lower than January's Rs. 1,57,554 crore. Central of their annual revenues, compared to 9% of those that use the
GST (CGS1) collections stood at Rs. 27,662 crore, while Cloud for some or none of their business. Cloud-based
State GST accounted for Rs. 34,915 crore. Integrated GST organisations are also 15 percentage points more likely to have
QGS1) inflows stood at Rs. 75,069 crore (including R_s. 35,689 introduced a new or improved product within the last two years.
crore on import of goods), while GST Compcnsaaon Cess
collecttons hit a record of Rs. 11,931 crore. NSE Gets Final SEBI Nod To
[:§3 GDP Growth Slows To 4.4% Launch Social Stock Exchange
In a somewhat worrying scenano, · I ndi a's GDP growth Leading bourse National Stock Exchange (NSE) said that it
t :ed to 4.4% in the October-December 2022 quarter, fro_m has received final approval from markets regulator Securities
1
f 0
in the second quarter (Q2) of 2022-23. However, ~hile
scea 51ng the Q3 GDP figures on March 1, 2023, the Naaonal
and Exchange Board of India (SEBI) to set up a Social Stock
Exchange (SSE) as a separate segment on its platform. The
1!~ttcal Office (NSO) retained its full-year growth esamate final clearance was received on February 22, 2023, the NSE said
:r e economy at 7%. tn a statement. The Social Stock Exchange segment will provide
~c he NSO also revised the GDP contraction num?ers for new _avenue for_ s_oci_al enterpnses to finance social initiatives
~ ;ov1d-hit year of 2020-21, pegging the overall hit_ to the proVJde them v1S1bi!ity and bring in increased transp ·'
f d bili · .. . . arency m
~ t year at -5.7% as per Second Revised ESt1mates, un mo saaon and utilisaaon by social enterprises.
COl,fp
F:rfTioN SUCCESS REVIEW, APRIL 2023 31
Un~er the rules, any social enterprise, ~on-Profit ECONOMY 1Nn1cA'l'oas
Oi;gamsation (N PO) or For-Profit Social Enterpnse _(FPSE),
that establishes its primacy of social intent can ge t listed _on 11
SSE segi:nent. For eligible N POs, the first step for onboarding : 6.,5.,,,
Starts With the registration on the Social Stock Ex':11ru:ige
segment. Post listing, N POs can initiate the fund mob1lisat1on Reverse Repo Rate : 6.So,
10
process b y issuance o f instruments such as Zero Coupon CasJ;i Reserve Ratio : 3.35%
Zero Principal (ZCZ P) throug h a public issue or private Statutory Liquidity Ratio : 4.s.,,,
placement.
Base Rate : ia.oo'I.
. Currently the regulations have prescribed the minimum issue
: 865-.f
size as Rs. I crore and minimum application size for (As on M.a;h ~ 4
subscription at Rs. 2 lakh for ZCZP issuance. For FPSE, the 2, 2oi~
pro c:ess of issue and listing of securities would be same as $369.25 billion, while imports increased
applicable for issue and listing of securities under the extant
$602.20 billion, the data showed. The merch andi 2 1-89%
pr~cesses of the exchange, based on eligibility criteria for the
for the April-January 2022-23 stood at_about S;;:adede6~'.
m am b_oa.rd, SME Platform or innovators growth platform,
as applicable in addition to the criteria provided to be eligible Export sectors th~t recorded negative growth 5_b11Ji 0n
10 months of April-January 2022-23 inc lude
J
unng th
as Social E nterprises. . an d lino1eum and g"ms enin
.
goods, iron ore, p Iastlc d ,;,•Oeen0e
Engineering exports dipped by 3.37% to $88.2? JeweneJ.
India A 'Bright Spot, To Contribute Af?ril-January 2?22-23. In the same period, gc rns ando_n dunng
15% Of 2023 Global Growth shipments declined_by 0.54% to $31.61 bil ii ,,n. On ~eweuery,
hand, sectors which recorded positive ·.;rowrh _e 0 ther
India continues to remain a relative "bright spot" in the petroleum pro~ucts, electr<;>nic goods, ,: ce, readtnclude
world economy, and will alone contribute 15% of the global g arments of textiles and chenucals. The over 11• exp Y-lllade
growth in 2023, International Monetary Fund (IMF) Managing and services) growth in the April-January .. ·· 122_ 23
orts. (g00ds
Director Ms. Kristalina Georgieva said in Washington on 17.3?/o. The main. engine behind this exp, , , grow~ abou, ,
February 22, 2023. "India's performance has been quite Services sector, which has been growing at ,, " is toricall ts the
impressive. For this year, we expect India to retain a high growth rate of about 30%. The country's m e; ,;rnndise high
growth rate, 6.8% for the year that ends in March (2023). For recorded a growth during April-January 20~ '.-23 in _Por~
FY 2023-24 (April 2023 to March 2024) we project 6.1 %, a global headwinds, political turmoil and rec "sionar;P~:e of
bit of slowdown like the rest of the world economy, but way amongst the major economies. nds
above the global average. And in that way, India is providing
about 15% of global growth in 2023," said Ms. Georgieva.
That is the fastest growth rate among major economies. While India's ~MerchandiS(;-,,ade -
digitisation pulled out the world's fifth-largest economy from ,,,-~_..::;_ US$ Billion;'!_
pandemic lows, prudent fiscal policy and significant financing
for capital investments provided in the Union Budget p @11 April- 3 April-
2023-24 will help sustain the growth momentum. l$ January January
'1.

~= g . I ,
·~ 2022 2023
Enumerating her reasons for why Indian economy remains
a bright spot in the world, Ms. Georgieva said that, for one, el:l January 2022 <D

the country has done really well to push the digitalisation that
has been already moving quite well as a major driver of
January 2023 ==- ' -
overcoming the impact of the pandemic and creating
opporrunities for growth and jobs. Second, India's fiscal policy

·= .~ ;
has been responsive to economic conditions. Ms. Georgieva
said that she was impressed by two things in the 2023-24
Union Budget presented by the Union Finance Minister
Ms. Nirmala Sithararnan. "The first one is how much care is 8 ~ ..: 8,,~, C
Exports Imports Trade .., Exports Imports Trade
placed on balancing development needs with fiscal
Balance Balance
responsibility in India. So, you have a budget that is realistic
So~ U y of Commerce & Industry .,,.,.__,, - K~K lnfographics'
on the revenue side with a focus on growth-supporting
spending. And secondly, the investment in capital expenditures, Gold imports during April-January 2022-23 contracted by
that is there to provide the Jong-term foundation for growth," 11.26% to $29 billion, as against $40.35 billion 10 the sam;
she said. period of 2021-22. In the 10 months of the current _fisc
2022-23, crude oil imports rose 53.54% to $178.45 b~f;,·
Exports Decline 6.59% In January Similarly, imports of coal, coke and briquettes rose by 18. 0
to $43.17 billion.
2023, Trade Gap Hits 12-Month Low
Contracting for the second month in a row, India's exports WPI Inflation Declines To 24-Month
Fall
dipped by 6.59% to $32.91 billion in January 20?3 due to Low Of 4. 73%; 8th Consecutive
slowdown in global demand, even as the trade deficit touc~ed . h India's
a 12-month low of $17.75 billion during the month, according Declining for the eighth consecutive mont ' d co
to official data released by the Union Ministry of Commerce · fl at10n
Wholesale Price In d ex (WPI) b ase d in · further
. easeo;, in
& Industry on February 15, 2023. Imports in January 2023 a 24-month low of 4. 73% in January 2023, agalll~; 4·95 sed 0 n
too contracted by 3.63%, the second cons~cutive month, to December 2022. The WPI inflation in January 20 ;apower,
$50.66 billion. Cumulatively, however, during April-January account of cheaper manufactured items, fuel an rimarilY
2022-23, the country's merchandise exports rose 8.51 % to . "Decline in the rate of inflation in January 202 3
-.::.=...=::.:.._______'.~________::__________________-;::;;-;:;;;-;;::;:-;:;:;~:-;,-:-;;:.ry:~REVIE;w.'APRIL 2023
-
32 COMPETITION SUCCESS REVIEW.
-~-.<11 s & h
,i10•· crude petroleum & natural c Cfl1ica)
·' (tiles, " the Union Commerce & I gas, textiles Products,
:1-.M~' on Februan, 14 2023 ndustrv Mini and '.Ood
lin~age Was first conceived in 2018 when PM Mr. Modi had
,p- 111 ent
1 :!ilre . -,
• , . · strv- said in
1
\·1saed Singapore.
•• 111holesale c Au The UPI-PayNow linkage is a significant milestone in the
" In.dex , , ornrnodities
price Primary
Articles
~evelopment of infrastructure for cross-border payments
!Weight; 100%) et:we~n India and Singapore-which is among the major
(lase:2011-12=100 • @4JJ% coumnes sending remittances to India-and closely aligns

~II ~ii
(Weight:iz.62%)

9 1 With the G20's financial inclusion priorities of driving faster,


cheaper and more transparent cross-border payments. Cross-
border reffilttmces between India and Singapore amount to over
$!
2 billion annually. Of the total inward remittances to India in
( ~ 020-21, the share of Singapore stood at 5.7%, according to
the Reserve Bank of India Remittance Survey, 2021.
Fuel and M To begin with State Bank of India Indian Overseas Bank,
Power anufactured Indian Bank ancl ICICI Bank will fa~ilitate both inward and
!Weight 13., 5%) Products outward remittances while Axis Bank and DBS India will

~II ~II
@ 15.150l0 !Weight 64 23%) facilitate inward remittances, according to a statement by the
@ 2.99% RBI. For Singapore users, the service will be made available
through DBS-Singapore and Liquid Group, which is a non-
bank financial institution. The RBI said that more banks will
~,% •.n% ':_ be included in the linkage over time. Currently, Indian users
of the participating banks will be able to remit up to
Rs. 60,000 in a day using the mobile apps.
2
(JJan 2022 Ill Dec_20J. •. . . Jan 2023 _ @• Annual Rate of Inflation
., torDec 20,22 ~la~ 2023 are provisional
rcurw ·• · ' ·- - '
KBK I I
n
. ADB Pledges $25 Billion For India's
Inflation in food articles, however rose to 2 3 01, - J Infrastructure, Social, Green Needs
8 oa1nd anuary
,n23 from (-) 1.25% in December' 2022 In fuel
1/J , • 15 1501 d . . n power, The Asian Development Bank (ADB) has committed up to
;be inflaoon was . 10 unng January 2023. Inflation in $25 billion for the next five years to fund India's infrastruccu_re
;n211ufacmred pro~uct~ was 2.99% during the month, according creation under the PM Gati Shakti initiative as well as social
wthe data. ~flanon p~se~ was 2.41 %, while in vegetables development and climate action to help the country meet
.-as H26.481/o. Inflanon ill oil seeds was (-) 4.22% in January its priority development needs. In his meeting with
21123. Fuel and power basket inflation eased to 15.15% from PM Mr. Narendra Modi on February 21, 2023, ADB President
!&09% in December_2022. In Manufactured products, it was Mr. Masatsugu Asakawa conveyed ADB's intention to provide
l99% against 3.37% ill December 2022. $20-25 billion resources over five years to advance the
country's aspirations for fast, inclusive and green growth, ADB
said in a statement.
UPI Goes Global As India, Singapore Mr. Modi and Mr. Asakawa also discussed the ADB's
Launch Instant Fund Transfer Country Partnership Strategy (CPS) for India 2023-2027. ADB
is now finalising the new 5-year CPS following a
To enable faster remittances between India and Singapore, comprehensive stakeholder consultation process. ADB will
India's retail payment system Unified Payment Interface provide multifaceted support for India's key priorities,
(UPI) and its equivalent network in Singapore called including the important infrastructure push under the PM
Gari Shakti (National Master Plan for multimodal connectivity)
PayNow 21,were
February 2023. integrated on =:::::::;::;::;::;::;::;:;;;;;;;;:;;~;:::::===:::::;:==:::::::;;;;;;• • •..;
The linkage will
allow users from both countries
to access faster and more cost-
efficient cross-border remittances.

I
Mr. Shaktikanta Das, Governor
of Reserve Bank of India (RBI)
and Mr. Ravi Mohan, Managing
Director of the Monetary Authority
of Singapore, launched the facility
through token transactions using Institute of Hotel Management-Hyderabad
UPI-PayNow linkage. Prime
Minister Mr. Narendra Modi and
.A (An autonomousbodyunderMinistryofTourism,GOI)
IH IVH
lingapore's Prime Minister Mr. Lee ln•m:u1e al Hai.I Manag•m•nt
f-Row, DD Colony, Vldyanagar, Hyderabad- 500 007 (Telangana)
Ph: 040-27427569, (M) 8374787988
Hsien Loong virtually attended the Hv••·••·• E-mail:ihmhyd.principal@gmail.comWebsite:www.ihmhyd.org 11m1 -
bunch event.
Stating that the linkage is a "new lHM-Hyderabad,a premier Institute of India, offers the following
tra in cross-border fintech Hospitality Management Education Programmes:
~llnectivity'', Mr. Modi said that it llty & Hotel Administration (Ellglblllty: Class XII pass In any stream/appearing current
llill Provide a low-cost secure and > B.SC. students
In Hospltaare eIIg1"bl e) admitted through All India JEE 2023 conducted. by. NCHMCT, Noida
rtaJ_tirne option for c~oss border
t 111 ·
.1 tttances between India an
year
i
. r & Hotel Administration (Entry level Graduates In Hospitality
d > M.SC. in Hosprta 1'tt d through All India JEE conducted by NCHMCT, Noida
Craft courses .ina d1~ffer trades (Entry level Class X pass) admitted through merit basis.
Hillgapore. Singapore PM Mr. Lee >Management)
Sien Loong said the idea of the
eo::--."'Pf:rfT!ON SUCCESS REVIEW, APRIL 202
3
33
initiative, building future cities mobilising domeS ti c ~so~es Given the fact that vegetable prices a
and so,cngthcmng
. . . sernces
basic .' . di sa d ,-an-.,-
m MOf'd distncts. e seasonal volatility, the latest food infla~e the trio.
The green growdi agenda will drive ADB's India p r o ~ rather than season al pnce· pressures. WJ.u"On lJ.nc1eru ·"l'¼ •
•t 1,,,,
to help the countn· fulfil its global climate action comnuonents. prices has added to the inflation Ptoble! a sha 0es s ~\
A.OB \\-ill focus o~ support-ino the decarbonisation of transport shows that non-food non-fuel prices , core 'Ji ~s1\;,
and th e c Ican energy transition,
--~ . .
mclu ding ca~bon market 1 ·' I
at a higher than accepta bl e Ievels in thecontin lJ.e to inn'''IiiIQ 1,,
development and circular economy transition. Climate chan~
adaptation actions are planned through projects on floo
remained unchanged at 6.2% in Janu econo~. t1¾\
sixth consecutive month when it has b::~ ;023, ill0 1'tiQN
manag ement, coas tal protection, water use efficiency
improvement and agriculture value chain development. f bovethaltj~ \
ADB Started operations in India in 1986._ '.'s 0 GST Council Reaches C e 6\~,
December 31 , 2022 it had committed S52.28 bi~on m To Create Trihuna1, Cu~~efls118 '
soverei~ lending in ' the country and S6.75 billion tn noi:i-
sovereign lending and investment. ADB's current l nd ta The Goods and Services Tax (GST) C ates
portfolio comprises 64 project5 worth about $16 billion across
th meeting on_ February 18, ?023, approvec1 ~~OciJ, in i
e transpon, urban energy human development, agriculture national tribunal mechamsm with stat be creati 4¾
and natural resourc;s and finance sectors. Mr. Asakawa also redressal of disputes, cleared pending co~e enches ~nor.
visited the ADB-fund~d Delhi-Meerut Regional Rapi? TranSlt announced new taxation · rates for ite~"'Pensabond,.· •or ,~ ,L'
System Investment Project. Established in 1966, ADB 1s owned sharpeners an d ra b (li qw·d Jaggery),
· ... s' .su ch as esal\l
along 0

b y 68 members--49 from the region. Plug evasion in tobacco products. The Cou wiilth illeast0tJJ
propos_al· from th e mtru_stena
. . . 1 state panel nc thals res,.•
Retail Inflation Shoots Up To 3-Month tightenmg norms for evasion-prone cornrnodi . at e
masala and gut)rn. To curb tax evasion by guite~ sue
High Of 6.52% As Food Prices Bite specific levy will be worked out soon. 0 tnpallies,
"The Group of Ministers (GoM) repon on th '
Retail inflation, measured by Consumer Price Index (CPI),
of the GST Appellate Tribunal has been accepet;~tablis~
accderated to a 3-month high in January 2023 on the back of
rising prices of cereals, eggs, meat, fish and milk, and reversed modifications tn the language that will be shared :th
s¼\i
the easing trend to pose a fresh challenge for policymakers.
following which a fmal_ draft _of the T nb uQaJ's settin S~lt\ th
be worked o_ut," {!mon Finance l\i inister l\fs. tupllj]
Data released by the National Statistical Office (NSO) on
February 13, 2023 showed retail inflation rose an annual 6.52%
Sithararnan said while bnefing the m ed ia after th tni~,
meeting. The final draft of the frarnewo: k is likely t eb 0Un~
in January 2023, higher than 5.72% in December 2022 and of the Finance Bill 2023. The governmen t expects th~A ea?art
above the 6 % recorded in January 2021. Rural mflat1on Tribunal to be operational by the end o > .2023. Pi>dbtt
outpaced urban inflation, rising 6.9%. Urban _infl~tion wa~ at While address½1,g the policy matters, th-, Council also decicloi
6 % . The rise marks an end to the moderation m mflat1on to clear the entire d~es of GST com_: ,-:nsation pending ro
numbers in the months of November and December in 2022. States. The ~entre will release Rs. 33,:y •,J crore to State,~
way of pending GST c~mpensa_tlon. T ;.; , includes Rs. 16,98)
Retail Inflation
Based on Consumer Price Index e crore for June 2022 (entire pending pro·,. 1ona] compensatioo)
·along with ,fmal compensation of Rs. \ 6,52_4 crore to sii
States which have given calculat10 , certified by their
Accountant Generals.
C> ,._ Further, the Council also slashed the GST rate on pencil
0:, sharpener from current 18% to 12%. J, also lowered the tn
0:,
,.r; rate on liquid form of jaggery or 'rab ' Cro m 18% to 5%,if

r ~ packaged and labelled and to zero if sold loose. Howeve~ th,


proposal of reducing GST on millet- b~:.ed health produm
has been deferred as the federal body die. not reach consensus
~ \
on the percentage of millet to be the p,, ,·r of health product
~- :\
'i. India's Fuel Demand Sees Sharpest
Rebound In February 2023
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan*
.
India's fuel <;leman·d witnessed th e sh arpe st rebound
bydoubkin
2022 *Provisional February 2023 as petrol and diesel consumpoon r~se f January
ar;
2023
Sourc~: Ministry of Sratistics & Programme lmplemenralion KBK lnfographics digits after a winter lull in the prevtous mrt !6, 202).
2023, preliminary industry data s~owed 00/~on connes Ill
al · etail inflation trajectory is mainly a result of Petrol sales jumped almost 181/o to 1.2 04 million
The re~er~ 10 00 r rices with food inflation jumping from 1
the first half of February 2023, as compfare/ J~br~ary 2022[
increa~e
2o/c0 10 Decem b er P Z0.22 to 6% in January 2023. While a tonnes of consumption in the first h_al O d first half 0f
4. .c d mflatton · · If, w h at makes th e
. .
is n ot unprecedented m 1tse
·-
. . th f: th . Sales were 18.3% hi·gh er th an tn
· Covtd. - marre
the same pen·o<J.o
6% ,oo . . umber more concerrung 1s e act at It
i:: d mflatton ° · · bl · th February 2021 and 15.7% more than mu _6%,revers:
13 S.1°/om0 \ ,
latest ,oo . an l 1.?% contraction m vegeta _ e pnces- ey 2020. Month-on-month, the demand wasd fanen
is high despite 0, • the food basket of CPI-mJanuary 2023. the dip in the January 2023 when sales. ha hi ular moveme~,
h O
have as are .f15,om in• cereal inflation-at
• 1610, · 1s
. ,o, it · .
on-month because cold con di tlons cut ve tryc poste drniJlion
a ow
A continwng sur~-time high values seen in the first half Diesel, the most-used fuel in the c~u~ j to 3.33
dangerously dose_to in prices of milk and milk products
f 2 013. A sharp mchreased meat (6.3%) is the main reason
25% rise in sales during February 1 to
20
J.'
0222 Consumd000
tonnes, as compared to the same perir° F~~ruary. 202 1d~o.J"/0
7°/o
o d e~g, fis . an •_11,_ bl ·
( 8 • 8% \ an . food 10 flation despite fawJig vegeta e pnces. was up 16. 7% over the first half O cli sales surge
hi h th
behind a nse 10 g er an 2020. Mon th -on-mon th • ese I APRIL io?J•
COMPETITION succES
s REVIEW,
34
r 1
(llillion tonnes in the first half f
. . " hides again saw highest
~ 1 J:O z023, dies~I c~nsumption fell 8.Go~ i~nuary 2023. In Mr. Ra1csh Menon said: Passenger ve( ) and for the first
2O23
jll~ifl snowfall 10 hi&her reaches' halted tr nth-on-month e_vcr s_ales in the month_ ~f January kin jO months, from
~sis as ting the trend, 1et fuel (ATF) dem tk movement. time, 1t has crossed 3 million sales mar \ -1January
R,nee()()0 tonnes during the first half a1 tmped 43.7% th
April (2022) to January (2023) period." In ~ '1f~i ;~atches
ll z.94, mpared to the same period of 2~ ~bruary 2023 period of FY 2022-23 the total passenger ve . 10
- ·the
22 stood at 31 ,69,788 uni;s, up 32% from 24,03,12 uruts
+-llcJI cohan February 2021 but 12.8% lo •tht was 35.6%
::.her t
~:; Month-on-moo n
th ''TF al wer an Feb
s es were up 4 2201, . ~uary same period of FY 2021 -22.
~-- gas LPG sales were up 4. lo;,0 · 0· Stmilar!y,
ia0\;lon tonnes in Fe~ruary 1-15, 20 23. LJ~r-on-yea r_at Government Cuts Windfall Tax On
1J9 _7% higher than 10 February 2021 and ~~n~~pt1on Crude Oil, Aviation Fuel, Diesel
14
,1s . February 2020. Month-on-month th d ·. 1/o more
ibJ'1 iJl t2"/o when compared to 1 24 millio e ema nd was up The Union Government cut the wm ,w ax
· d'·" t on domestically
O5O er
~ ~prion during January 1-15, 2023, t;e t~~~e:h~~;JG produced crude oil to Rs. 4 350 per tonne from Rs. 5, P
tonne the .M.irustry
. - ' nott·fied m
of Fmance · an official order th
on
assenger Vehicle Sales Rise 17.23% In Febru~ry 16 2023. The government also slashed tax on
export of di~sel to Rs. 2.50 per litre from Rs. 7.50 per_litre, an
1
Jan• 2023 To Over 2.98 Lakh Units excise duty on aviation fuel (ATF) to Rs. 1.50 per li_tthre from
. wmdfall
- · Ii ne wt nsmg
Rs. 6 per litre. The cut m tax came m
,,dia's
JJ'
passenger vehicle
• d wholesales
. rose 17 •2301/,o m
- January international oil prices. The new rates come _into e_ffect from
~23 to 2,98,093 . uruts, nven by robust offtake of utility February 16, 2023. Petrol continues to have zero wtndfall tax.
,;c1es including the fast-growmg sports utili·ty hi 1 Windfall tax is levied by the Union Government on profits
,.e,• ' S · f 1 di ve c es made by crude oil producers on any price they ~et above a
. dustrY body oaety o n an Automobile Manufacturer;
;]AM)
t>:
said on February 13_, 2023. The overall passenger threshold of $75 per barrel. The Centre first levied windfall
(Chicle dispat~~ comhtf es to dealers was 2,54,287 units tax on oil companies on July 1, 2022. The government had
. Janua!Y 20 . ty ve c e sales rose to 1 49 328 units in levied a tax of Rs. 6 per litre each on petr?l and ATF, while on
january 2023 fro~ 1,16,962 units in January '2022. Similarly, diesel, it was Rs. 13 per litre. The tax is revtew~d ev~ry for~ght
assenger c_ar dispatches grew to 1,36,931 units from by the government and is changed on the ?as1s of mternatto_nal
\,Z6,693 units. Wholesales_ o~ vans also increased to oil prices. The Union Budget 2023-24 estunated the collection
li,834 untts from 10,632 uruts m the year-ago period. The from windfall tax at Rs. 25,000 crore in FY 2022-23.
pissenger _ca~ner segment witnessed the biggest growth at
J1 061 untts m January 2023 from 16,592 units in the year- India's Imports From Russia Rise
period.
.
,-... , "". . .• - - '' ..~~-~~;:f.~.. :~
Five Times In April-Jan. 2022-23
India's imports from Russia jumped about five times to
. tehicle Sale-$ in lndia~~,':~l~: ,; "$37.31 billion during April-January 2022-23 ,.on account of
Totalnum~er of uni.ts s'o_ld ,;i[j_J . .. . ..,~ increasing inbound shipments of crude oil from that country,
II ian 20_22: 14,19,35;4 1!1111 )an 20~: 15~.447 :.: •I' ' showed the data released by the Union Commerce & Industry
•3.81%
.\ • 102.26%
Ministry on February 15, 2023. In 2021-22, Russia was India's
A 8.08% 18th largest import partner, accounting for $9.86 billion of

I
imports. Russia has become India's fourth largest import source
i
s ,' during the 1O-month period of April-January 2022-23.
India's appetite for Russian crude oil in January 2023 rose to
~!3
-
1
. • . .1 ........ .I ,C:';!; _
= i
P,

;:.
,ti
_
·
1 1
·- unseen levels, continuing to remain above traditional middle
eastern suppliers for the fourth month in a row, as refiners rushed
to snap up plentiful cargoes available at a discount. From a
market share of less than 1% in India's import basket before the
Passenger · ,f Two j· Three ,, start of the Russia-Ukraine conflict, Russia's share of India's
' ca_rs· ·• . ~'{"[Wheeler.s ---~ h~e!~~ ''.<I imports rose to 1.27 million barrels per day in January 2023
:\ _
~~ ce: SJAM
•sMW, J,ftrcedes. Toto MotOrs & Volvo Auto
•' data not avoifoble ,, •
,
taking a 28% share, according to energy cargo tracker Vortexa'.
India, the world's third-largest crude importer after China and
the_ Uruted States, has been snapping Russian oil that was
available at a discount after some countries in the West shunned
it as a means of punishing Moscow for its invasion of Ukraine.
The 1Jinistry data sho_w~d that imports from China rose by
a?out 91/o to _$83.76 billion dunng April-January 2022-23.
Total two-wheeler wholesales in January 2023 rose 4% to S1milarly, the imports from UAE increased by 23.53% to
11,84,379 units from 11,40,888 units in the January 2022. $4!-3 billion. India'.s _imports. from the US grew by about
Scooter dispatches grew to 3,76,035 units in January 2023 from 251/o to $42.~ btlhon during April-January 2022-23 .
3M,299 units in January 2022. Motorcycle wholesales were Exp_orts to China, however, _dipped to $12.2 billion during
hlgher at 7, 71,621 units in January 2023 as compared to 7, 43,804 April-January 2022-23 as agamst $18.4 billion during April-
IIJUts in January 2022. Moped sales rose to 36,723 uI_1.1tS from January 2021-22.
35,785 units in the year-ago period. Three-wheeler di~patches O_n the export front, the US has emerged as the to
In January 2023 surged over two-(old to 48,903 uruts from desttnatl_on for Indian exporters during the 10-month peri 0 d.
24,178 units in January 2022. Total wholesales across passenger ac~ountt.ng fo~ 17.71 °/? of the country's total outbou nd
~ehicles, two-wheelers and three-wheelers rose to 15,31,447 units sh1~ments dunng Apr~-January 2022-23. Exports to the
In January 2023 from 14,19,354 units in January 2O 22· US 1;11creased to $65.4 billion as against $62.27 billion durin
cSIAM President Mr. Vinod Aggarwal noted that better Apnl-Janua~y_ 2021-~2. Exports to the UAE increase~
v~~surner sentiment is driving the demand_ for passenger to $25.71 b1lhon during April-January 2022-23 as ·
$22.35 billion in the year ago period. ' agamst
des. Elaborating further on sales, SIAM Director General
Co1,tp;;ET::::=n=-o-N_S_UC_C..::E:...SS_RE_V_JE_W_,_ AP_R_IL_2_02".".3~--------------------------35
1
2.6%. As per_ use-based classificatio
·
Gross Direct Tax Collecuon Grows "144.8 for pnmary goods, 100 fio n, the .
intermediate . goo d s and 166 .Gr cap· f lta] <>lt)..i,
"-1te I
24% To Rs. 15.67 Lakh Crore construction goo s urmg ecernb or tnft
· d "d · D · <>0 oq s 1 1,."¾I
.
Gross Dtrect .
ns grew 24o1/o to Rs · 15.67 lakh Further, the indices for consumer eJ 2022, 8tt~t151.J \ · th
Ta." collectio Union
:~r/;,
Finance Mirustry said o n February_ 11 , 2023. Afte
23
~ o re as o f _~bruary 10, 2023 for the FY 2022- •rU:«;rusting
lakh Js
non-durables st~d a_t 109. 7 and
month under re~ew, tt add_ed. For A
173
UtabJe 8 e cl.a.~
respe~Q c
0
J
country's industrial output is up 5.4o/cp ·Dece.,..f:i\.beiy ,11~, ·
~r,.~
fo r refunds., the net direct ta.'I. co llect10n stood a_t Rs. 12· about th fi o on a ·•• e
crore, a growth o f 18.40% . The net collections are_ fi down from 15 •3 01/0 •
10 e rst eight rn Year. t 2o'Or ¾
7 . . . - - - - - - - - - - - - - - - o n t h s of 0 n.Y 2
ea/•¾
9% o f Revised Estimates (RE) of direct taX c~c~3I2-~l
fi scal 2022-23. The revised estimates for the . th RBI Raises Repo Rate l3 t'Y201~\
~ ed direct ta.'I. revenues at Rs. 16.50 lakh crore, high~r .
the Budget Estimates of Rs. 14.20 lakh crore. "The provts~~; Points To 6.5% Frolll Y 25 llas-
figures of direct tax collections up to 10th Febr~ary, 3 6-250;, Is
continue to register steady gro wth. Direct tax collections up to Monetary Policy Committee CMPC) led b 0
1 of India raised the country's policy rate b Ythe Iles
0 th February, 2023 show that gross collections are at
Rs. 15.67 lakh crore which is 24.09% higher than the gross its last policy re~iew of the fiscal year Y25 basiservi ¾I
collections for the corresponding period of last year," the moderating ~flatlon. The panel increased%;' 2022S~1ti~~
Central Board of Direct Taxes (CBD1) said in a statement._ key rate at which the RBI lends short-terrn fun repo tat ) ¾iii
In the FY 2022-23 the revenues from direct tax (which banks, to 6.5%_fro~ 6.2~%. With this, the r ds toc0 ~ 0r~e
include income and cdrporate taxes) are projected to grow_by hiked for the sixth time 10 a row. The rep epo tate h Crciaj
over 17% compared to 2021-22 fiscal when the collection was taken by a majority of four out of the 0 . rate hike das bte,
was Rs. 14.08 lakh crore. Between April 1, 2022 to February 10,
2023, the growth rate for g ross Corporate Income Tax (CI1)
5
MPC in its meetin~ h~ld f~om February t:elllbers:~510n f
Committee ~so ,mamtamed Its P?licy ,tance at, 8: 2023. ~ e
and g ross Personal Income Tax (P11) collections was 19.33% accommodation to ensure that tnflar;,m r _Wtthdra,'a] e
and 29.63%, respectively. After adjustment of refun?s, the target going forward while supporting :~row~ains \1/ithin ~:
net growth in CIT collections is 15.84% and that m ~IT
collections is 21.23% (PIT including ST1). Refunds ~ounnng
to Rs. 2.69 lakh crore have been issued during April 1, 2022
and February 10, 2023, which are 61.58% higher than refunds
issued during the same period in 2021-22.

IIP Growth Slows Down To 4.3%


ln Decen:iber 2022
India's iqdustrial growth, as per the Index of Industrial
Production (IIP), declined to 4.3% in December 2022,
according to the data released by the National Statistical Office
of the Union Ministry of Statistics and Programme
Implementation on February 10, 2023. Industrial growth in
December 2021 was 1 %. At 4.3%, the latest UP growth figure
- ---3.35
'a
Per cent change in.[ndex .o f_Industrial ProdugiQ} \
over co~responding. mooch: of the prev(ous S(~_a·I){~
) : A::
A.IJg. D~<:. ,, · .
lJun" Sep Feb
1· ' ; '1 3~I ;
_ · 4 -~'s:~::;~10 4 ., •.s 7
·WQ ; o~~':::
1

-~ -: , _H·N@OM_mfflMffiiMiirM , r O
Mat . "Q ct Feb ' 1ay•,'A~g Dec

t~ i:: Weight: 100 Weight 77 .633


;,"tf~J%9 2,b "' '
•RBI
2 021 ,'U,.•>
· ~'.'1,li<.' ,
20i22 2023
:-<KBK lnlographics

::..:, , ,, ., : 1:i , :i I :' Explaining the MPC's rationale fo r :he decisions o.n th~

: • : 12.6 ·.;;,II -Ii


Dec Apr-Dec • Dec
Ii:
Apr-Dec ,
Policy rate and the stance RBI Governor Dr. Shaktikan
Das said "Unprecedented events
,
' of the last three years have
put to test monetary policy across the world. Emergmg .
. mar t
ke

economies are facing sharp tradeoffs betwee? suppo:~


Weight: ,14.373 Weight: 7.994 economic activity and controlling inflation while pres;s the

~i'.~, I ai I.•:::i ii
policy credibility." ' 'Amidst volatile global ~evelopmden ;bile
I n di an economy remains . res ili.ent. L 0 oking ahea , to
. . likely
inflation is expected to moderate in 2023- 24 •~onrinuing d
,/ ,.!;, :/ M',, / ./.,/ ,t, /sl, rule above the 4% target. The outlook is cloude Ycial rnarket
Dec Feb . Agr . • Jun Aug Oct Dec Dec Apr-Dec Dec Apr-Dec uncertainties from geopolitical tensions,_global t~atile crude
2022 volatility, rising non-oil commodity pn~es .;0 in 1ndia 15
2021.,. , . . .. . ·.. - 2~Z,1-22 . .2022:23 -~. oil prices. At the same time, econonuc acttVI wth
KBK lntogra ti,cs · · .....
expected to holq up well", he added._ d a GDP ~o it
. l 7 3%, the revised number for_ November 2022.
well be ow · howed that the manufacturmg sector's output For the FY 2023-24, the RBI ~roJecte retail infla 000 .
1s
The data fur:~r
6 0 1 sDecember 2022. Electricity sector recorded
rate of 6.4%. The RBI also proiected he pY 20 2 24 !¢h
grew by 2. ~ . in December 2022, with a growth of 6.5% for FY 2022-23 and 5.3% f:e~ted GDP gr~
the highest pro dcio:uning at 9.8% and manufacturing at Also for FY 2022-23 the RBI has pr J .
10.4% , followe Y ' ' 023
at 7%. .,,.JJ ,4]'//lL 2

. ESS REVlr, "'


COMPETITION SUCC
36

d
•Who? What? When?
:where? Why? How?
Who is Mr. Ajay Banga, nominated b than the lowest orbiting
the US to lead the World Bank? Y satellites. Surveillance balloons
can also be capable of
Mr. Ajay B~ga is an Indian-American business leader who gathering electronic signals and
has beendnorrunMratJed bB~dthe US to lead the World Bank. The intercepting communications.
US Prest ent . oe 1 en on February 23 2023 a d
th , nnounce Balloons have a fairly long
at Mr. Banga is uniquely equipped history of being used for the
to le_ad the global institution as its purpose of spying, especially
President at this critical moment. during the wars. Primitive
Once confirmed by the World Bank forms of surveillance balloons
Board of Directors,_ Mr. Banga would came into use in the 1800s.
b~ the first-ever Indian-American and France used crewed balloons for surveillance in the Franco-
Sikh-American to head either of the Austrian war in 1859. Crewed and tethered balloons were
tw~ top international financial again used during the US Civil War, which stretched from
IIlSt:J.tut:J.ons-International Monetary 1861 to 1865. Surveillance balloons became more common
Fund and the World Bank. in World War I and II. During the latter war, the Japanese
~r. Bang~, 63, is currently serving military used balloons to loft incendiary bombs into the US
as V1_ce-Chau:man at General Atlantic. territory. No military targets were damaged, but several
a Ban a Previously, he was President and CEO civilians were killed when one of the balloons crashed in an
L - - - - - - - - ' . o~ Mastercard. He has spent more Oregon forest. Just after World War II, the US military
than thr7e decades buil~g and managing successful global started exploring the use of high-altitude spy balloons, which
comparues that create Jobs and bring investment to the led to a large-scale series of missions called Project Genetrix.
de~eloping economies, and guiding organisations through Under the programme, photographic balloons were flown
penods of fundamenral change. Over the course of his career, over Soviet bloc territory in the 1950s.
Mr. Banga ha~ become_ a glob~ leader in technology, data,
financial services and mnovat:J.ng for inclusion. He is the How did a small town of Erzin survive
Honorary Chairman of the International Chamber of the deadly earthquake in Tiirkiye?
Commerce.
Mr. Banga is also a member of the Trilateral Commission, When a 7.8 magnitude earthquake devastated southern
a founding trustee of the US-India Strategic Partnership and central Tiirkiye as well as northern and western Syria
Forum, a former member of the National Committee on on February 6, 2023, a small town in Tiirkiye, called Erzin,
United States-China Relations, and Chairman Emeritus of survived the earthquake like an oasis of stability near the
the American India Foundation. He was conferred the Padma
Mediterranean .
Shri in 2016. He was also awarded the Foreign Policy
While the earth
Association Medal in 2012, the Ellis Island Medal of Honour
was shattered and
and the Business Council for International Understanding's buildings were
Global Leadership Award in 2019, and the Distinguished
· razed, and the
Friends of Singapore Public Service Star in 2021.
towns and cities
turned into tombs
What are spy balloons and why are they of concrete all
used? around, Erzin was
spared casualties and suffered only minor damage. In Erzin,
A United States fighter jet shot down a suspected Chinese wtth a population of 41,677 people, no one died and not a
surveillance balloon on February 4, 2023 that had been single building fell. Erzin lies less than SO miles from the
drifting across American airspace for days. Subsequently, three earthquake's epicentre, closer than cities to the south like
other such takedowns by the US military came in North Iskenderun, much of which was reduced to a rubble' and
American airspace--on February 10, 2023 on sea ice near Antakya, which was badly hit, with a major fire at the 'port
Deadhorse, Alaska; on February 11, 2023 in the Canadian seawater flooding the streets, and apartments and shop;
destroyed.
Yukon; and on February 12, 2023 off the shore in Lake
Huron. Spy or surveillance balloons are typically advanced Engineers and scientists attribute Erzin's survival to a
balloons equipped with high-tech, downward-pointing variety of factors, including better construction that adhered
imaging gear. In the satellite age, spy balloons offer close- to the )atest seismic codes and its advantageous location.
According to the geomorphologists, soil condition was the
range monitoring. The balloons are sometime~ release_d in
main rea~on why E_rzin did not suffer heavy damage. Many
sky subject to weather patterns but can be eqwpped wtth a
of the cities and_ villages tn the region were built atop the
"guiding apparatus" to control their path. While satellites
layers of sand, silt and clay of an ancient riverbed. Those
remain the preferred method of spying from overhead,_the
soft, water-laden sediments made the cities and towns
lower-flying balloons, which hover at about the same_he1ght
uniquely vulnerable to earthquakes. In contrast, Erzin stands
as commercial airlines fly, can typically take clearer tmages higher above sea level and is built on hard ground comprising
COMPET/TfON SUCCESS REVIEW, APRIL 2023
207
bedrock and coarser grains than sand. The hard soil acted
as a shock absorber between structures and quake's waves.
Secondly, the authorities in Erzin strictly enforced Tiirkiye's
long-existing seismic codes for builders and did not allow ·•-lot•r4 ::" •·'--...
illegal construction at any cost, which was not the case m
other Turkish towns and cities where lax law enforcement ! t.OOM ·• ~00~- !...o_ ~-- - - ,,;1{:i~
~ "'W-'...,_,, , . ., .... .
has_played a key role in the devastation. Many of the local ,-.'!_ E,r,p-. ~t.•tt,....&.,jld1~~. ~;,:;=.,!
-:_...~ ;_i~-LANDMAR~
residents spoke about how this earthquake was a testament ~ MERSIVEWORL~J:~ -~ - • • ~=---··. : . .- , ( ~5~
. 'f~tht ~ riu,.,
·~- -s::-; ol ~•dh
to the good work done by the town's engineers.
::}~]/~ ,, -~~:,:_~=;~ :;,~· · ..
Where is a cube-shaped supercity ~""~--~
Mukaab being built? !(-l,.. ''·. ., - (" n'ewrnur,1bba .corn
\~, ~-:.. a
Saudi Arabia, on February 16, 2023, unveiled its grand plan of entertainment and culture venue~. There will also be
to build "world's first immersive, experiential" cit):, called 1.8 million sq. metres of space dedicated to community
Mukaah-"cube" in Arabic-in central Riyadh. It will stand facilities. The cubic shape of th~ Mukaab _has_ been highlighted
400 metres high, wide and long, big enough to hold 20 Emp1'.e as a measure to ensure the ultJ.mate utilisatJ.on of space. An
State Buildings, according to the Saudi kingdom's Public immersive experience will be created 1ns1de the cube using
Investment Fund (PIF). The Mukaab, set to be completed latest digital technology and hologr~phy. ~t the centre wi]J
by 2030, will be at the heart of the New Murabba Pro1ect, be a tower atop a sp~al bas~ which will J:>e a premium
a plan to create "the world's largest and modern downtown"
hospitality destinatio_n with ret~, cultural, tourist, commercial
in the capital Riyadh. This is the latest among a string of
and luxury residentJ.al attractions.
ambi_tious architectural projects planned and undertake? _by
The Mukaab will be built using the 11_l<?dern Najdi
Saudi Arabia as a pan of its Vision 2030, aimed at revolutJ.orusmg
the country's economy and lifestyle. architectural style-a twist_ on ~he. trad1t1onal N ajdi
Spread over 19 sq. km, the new Murabba project will be architectural style from the Na1d region 1n the centre <) f the
built around the concept of sustainability and will add S~ Arabian peninsula. This architectural style was perfected over
180 billion (roughly $47 billion) to Saudi Arabia's non-oil generations to be best suited for the region's desert climate-
GDP. As a highlight of this project, the Mukaab will its design focusses on naturally controlling the climate inside
house over 1,00,000 residential units, 9,000 hotel rooms and the s~ucture. Hence, the cube shape is not just yet a, other
1.4 million square metres of office space as well as dozens futuristic concept for a city as it will also serve a fun • , ional
purpose by limiting energy requirements inside it.

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Rs. 300
208
COMPET~Ess REVIEW, APRIL 20
23
a
ICC Women's T20 World Cup 2023
Australia Wins Unmatched 6th Title
Australia won the Women's T20 World Cup for the 6th
time when they beat hosts South Africa by 19 runs in the
final at Newlands Cricket Ground, Cape Town, on
February 26, 2023. Australia won the toss and decided to
bat first, after which a blistering half-century by opener Beth
Mooney led to the Australian team putting a total of
156 runs on the scoreboard in 20 overs. Mooney played
an innings of 74 runs off 5_3 balls with the help of 9 fours
and 1 six. Apart from Mooney, Ash Gardner scored 29 runs
off 21 balls, including 2 fours and 2 sixes. For South Africa, i& " .•
Marijne Kapp took 2 wickets for 35 runs while Shabnim
Ismail also took 2 wickets for 26 runs.
Chasing a decent total of 156, star South African batter
Laura Wolvaardt smacked 61 runs off 48 deliveries studded
with 5 fours and 3 sixes. But soon after she departed off Australian team refoices grand victory in
Megan Schutt, the hosts were restricted to 137 for 6 in 20 ICC Women} T20 World Cup 2023.
overs. Eventually, Schutt (1 /23), Darcie Brown (1 /25),Jess Earlier, Australia had won the ICC Women's T20 World
Jonassen (1/21 in 3 overs) and Ashleigh Gardner (1/13) Cup in 2010, 2012, 2014, 2018 and 2020. In between, the
shattered South Africa's hopes to win their maiden World West Indies had stopped the Australian juggernaut, becoming
.. Cup title. Mooney won the Player of the Match award while the 2016 champions in India. With the 6th title triumph,
Gardner's outstanding performance with her 10 wickets and Australia completes a hat-trick of tournament wins under
110 runs playing a huge part in Australia's triumphant captain Meg Lanning after their victory in 2018, 2020 and
campaign, won her the Player of the Tournament award. 2023.

ATHLETICS New Zealand Pulls Off 1 Run Sensational


Maharashtra Tops The Medals Tally At Victory To Level Series 1-1 Against England
5th Khelo India Youth Games The elusive drama of the Test cricket was at its very best
Maharashtra emerged the overall champion at the fifth when New Zealand edged past England by a mere 1 run
edition of the Khelo India Youth Games, hosted by Madhya in what turned out to be a sensational victory in second and
Pradesh in eight cities namely Bhopal, Indore, Jabalpur, last Test of the series at Wellington, New Zealand, on
Gwalior, Ujjain, Maheshwar, Mandla and Balaghat from February 28, 2023. The win ranks as the second-closest
January 31 to February 11, 2023, by securing a total of 161 victory in the history of Test cricket. The New Zealand team
medals comprising 56 gold, 55 silver and 50 bronze medals. also became only the fourth team in Test cricket after England
Haryana came at the second position by getting a total of (in 1894 and 1981) and India (in 2001) to win a Test after
128 medals comprising 41 gold, 32 silver and 55 bronze. being forced to follow-on. New Zealand was made to follow
Host Madhya Pradesh finished third with 96 medals on in this Test match after they could score just 209 in
comprising 39 gold, 30 silver and 27 bronze medals. response to England's massive first innings total of 435/8.
On the final day full of twist and turns, England looked all
set to win, needing only 258 runs. But it was bowled out
CRICKET for 256, with Neil Wagner doing the bulk of damage with
Ben Stokes Shines With Most Sixes 3 wickets and Matt Henry had two in his name as well. The
In Test Cricket thrilling win helped New Zealand to level the series 1-1. Kane
England captain Ben Stokes etched his name in history Williamson with his 133 runs in both the innings won Man
books, displacing former New Zealand cricketer Brendon of the Match award. New Zealand had lost the series-opening
McCullum as the batter with most sixes, when he smashed match by 267 runs. With 329 runs and 1 wicket, England's
Harry Brown was adjudged the Man of the Series.
two sixes in the first Test of two-match England vs New
Zealand series on February 18, 2023. Stokes now has 109 Saurashtra Beats West Bengal To Bag Second
stxes against his name in 90 Tests while McCullum has 107 Ranji Trophy Title
sixes in 101 Test matches. With 100 sixes, former Australian Saurashtra thrashed West Bengal by 9 wickets in the summit
wicket-keeper Adam Gilchrist is the only other player in clash to clinch Ranji Trophy 2022-23 title, their second, at
Test cricket to have maximums in three figures. He was the Eden Gardens in Kolkata on February 19, 2023. Having
also the first player in history to reach 100 Test sixes. Chris given away a big first innings lead of 230 runs, Bengal, who
Gayle of West Indies is 4th with 98 sixes, followed by were overnight 169 / 4 in their second innings, folded for
South African Jacques Kallis with 97 sixes. 241, handing the visitors a mere 12 runs target to win the

¼: 811' COMPETITION SUCCESS REVIEW, APRIL 2023


209
iP
.
M:essi, Putellas Win FIFA's
1Sl'OIITSRU$. ' Best Player Of 'fhe Year 2022
.. . ....7
final. Saurashtra eventually went past the target, reaching
14 for 1 in 2.4 overs, to wrap up the match wi~ one day ,.
and two full sessions to spare. Saurashtra captain Jaydev
Unadkat won the Man of the Match award for his match ; ®l . ~•I\
figures of 9 wickets for 129. His teammate Arpit Vasava~a ;;:,; ,n: wljf i·,:1..-• •·
·._ '1 --- ·· ,·
won the Man of the Series for his 907 runs. Saurashtra s
·-
earlier triumph was in 2019-20 season. I
GOLF
··'}1
•,\ ~ India's Aditi Ashok Wins Kenya -
Ladies Open
Indian golfer Adi ti Ashok turned in one
of the most dominating performances on jc~
the Ladies European Tour with a nine-shot . '\ ,
I /4..
win at the Magical Kenya Ladies Open on -I.Jone/ Messi and Alexia Putel/as
February 5, 2023. She won with a final
rol!Ild score of 74. It was a fourth win on
the Ladies European Tour (LET) for the Argentina's World Cup-winning captain Lionel Messi
Indian, who now plays mostly on the Ladies won FIFA's Men's Player of the Year ?022 a_t the
aattz A rnnjO
1 - - ----··.:..-·.:..·__J PGA in the United States. Best FIFA Football Awards 2022 held ID Pans on
February 27, 2023. The 35-year-old beat Fre~ch forwards
HOCKEY Kylian Mbappe and Karim Benzema to wm ~e pr•ze.
Messi captained Argentina to World Cup glory ID Qa Jr,
Hockey Madhya Pradesh Wins Senior National and scored 27 goals in 49 games for club and cour. ry
Women's Hockey Championship in 2021-22. This is the second time Messi has won 1e
Hockey Madhya Pradesh defeated Hockey Maharashtra award, equalling Cristiano Ronaldo and Ro b . rt
5-1 to win the 13th Hockey India Senior Women National Lewandowski's massive feat at the FIFA awards. Spa 's
Championship at Kakinada, Andhra Pradesh, on Alexia Putellas, who won the Ballon q'Or in 2022, 1 1s
February 27, 2023. Hockey Madhya Pradesh lived up to their named FIFA's Women's Player of the Year 2022 for ,e
top billing, conceding only 3 goals in the tournament. Hockey
second time in a row.
Jharkhand finished 3rd after they defeated Hockey Haryana
2-1 in the third-place game. Among individual award winners Argentina's head coach Llonel Scaloni won the B ;t
of the tournament, Saroj Minj (Captain, Hockey Jharkhand) Men's Coach Award, Emiliano Martinez won the B :r
won the Best Goalkeeper, Pratibha Arya (Hockey Madhya Men's Goalkeeper Award and the Argentine fans ,,. -~
Pradesh) the Best Defender, Manashri Narendra Shedage the Best Fan Award for the first time. The Best Womt
(Hockey Maharashtra) the Best Midfielder and Albela Rani Goalke~per was Mary Earps of England and the B t
Toppo (Hockey Jharkhand) the Best Forward awards. Womens
E 1 d' Coach Award, . went to San·na w·1egman f-
ng an s womens national team The B W .
Goalkeeper was Mar E O
f . est ome.
SHOOTING Women's C h A y arps England and the B ,
oac ward went t s · •
With 4 Gold, India Tops Medals Tally E~gland's women's national tea:: Tanna _Wiegman f
At ISSF World Cup 2023 Winner was Luka Lochoshvili 0 f.Ghe ~rur Play Aw,
eorgia.
Team India concluded a successful outing at the ISSF
World Cup 2023 in Cairo, Egypt, which concluded on 2023. The day was a historic one for India as the ~Ol .ry
February 23, 2023. They topped the medal standings with hosted its maiden ABB FIA Formula E World Champ1orc ·;1p
7 medals, comprising 4 gold and 3 bronze. Hungary emerged race in the beautiful city of Hyderabad near Hussain S 1c;ar
as the second best with 3 medals (2 gold and Lake. It was a hard-fought victory for Vergne, who man:, ed
1 silver) while Italy and Switzerland were tied for the third to fend off a stiff challenge from Envision Racing dw, of
spot. For India, Rudrankksh Balasaheb Patil (Men's 10m air Nick Cassidy and Sebastien Buemi, the Season 2 champ:,1n.
rifle) and Aishwary Pratap Singh Tomar (Men's 50m rifle However, Buemi was penalised after the race and TAG
three position) won 'individual gold, while two other gold Heuer Porsche Formula E Team's Antonio Felix da Costa
medals came in 10m air rifle and 10m air pistol mixed ~ook the third positi?n behind the second-placed Cassidy.
events. Varun Tomar (Men's 10m air pistol), Tilottama Sen The W111 was Vergne s 11th in Formula E race.
(Women's 10m air rifle) and Anish Bhanwala (Men's 25m
rapid fire pistol) won bronze medals for the country. TENNIS
MOTOR RACING Daniil Medvedev Wins Qatar Open Title
World No. 8 Russia's Daniil M:edvedev defeated former
Jean-Eric Vergne Wins 2023 Greenko World No.I Andy Murray of England in straight sets 6-4,
Hyderabad E-Prix 6-4 in the Qatar Open final at the Centre Court in Doha
DS Penske's Jean-Eric Vergne Von won the 2023 Greenko on February 25, 2023 to win his second ATP title in a
Hyderabad E-Prix (kv ·nd 4 of Season 9) on February 11, week. With his 17th career title, the 27-year-old moved up
one place to 7th in the new World rankings. [!IiliJ

210
COMPETITION SUCCESS REVIEW, APRIL 20lJ
. Giorgia Melani
ersons In News
Italy's newly-elected Prime Minister r, novelist and
Ms. G iorgia Melani, was a surprising , a Hungaria
DO" oa ar Shukla joined
e, stirred up
Chief Guest h e small list
or nets' ne
' -~ at the Raisina f globally-cele-
ith his highl
i ' Dialogue, India's rated Hindi
, ;r ..._
~- -' aded commen
premier geopolitics - I ·tterateurs when
bout India at th
and geo-economics e recei ved the
unich Securi
conference, held 023 P EN /
onference o
in New D elhi on abokov Award
ebruary 1
March 2, 2023.
She also held talks
·ft·.
4 1' 023. Whi
said th "' - " ) j lO r Achievement
Internati onal
on bilateral and . ' ~ -.J iterature on
. "Mr. Modi's oa Ntma
Giorgia MelomJ gl_o b al . iss~es stro ngh o ld on .. , "-"la
ebruary 28, 2023.
with her Indian [ George Soros I The 87-year-old is
counterpart Mr. Narendra Modi and I ndia's federal
government" will weaken and "open known for his novels like Naukar J(j
the two countries decided to elevate Kameez and poetry collections like Sab
their relationship to the level of the door to push for much needed
institutional reforms", he was dismissed Kuch Hona Bacha Rahega. Mc S_hukla's
strategic partnership and also signed
as an "old, rich, opinionated and work is lauded for Its d1 sttnc t1 ve
an MoU on defence cooperation.
dangerous" person by none other than linguistic texture and emotional depth.
S. Abdul Nazeer India's External Affairs Minister Mr. S.
J a.ishankar. Salman Rushdie
Former judge of the Supreme Court,
Indian-orig.in writer Mr. Sal man
Mr. Justice S. Abdul Nazee r was P.T. Usha
appointed as the Rushdie has come up with his first bouk
Governor of After being nominated as a member months after being
Andhra Pradesh of the Upper House, India's for mer grievously injured
on February 12, f :.."~ 1: much-celebrated by a yo ung
2023. He hogged international athlete religious fanatic in
the limelight "-it and coach New York . His
,:, . \
"· ,.. ., Ms. P.T. Usha new novel 'Victor
for being appoin-
chaired th e City' is a fiction-
ted to the ;, -,~ t,
gubernatorial post
meeting of the .•: ali sed telling of
---•• ---
Rajya Sabha briefly the story of Vija-
just after a month
on Fe bruary 8, f,
of his retirement ~j:\.,. yanagara Kingdom, Sa/man Rushdie
2023 as she has ' -
from the apex
•.
t:JtJaut 1\J a<>'l)I)
been selected for
' \ . "':.-·-.
' :_i n arrated by a ~-
I-----:--=---
sorcere ss and poet named Pa m;•
court, though he was the 4th retired the panel of Vice- Kampana, who over more than t\1
judge of the Supreme Court to be
made Governor in the history of
,.,~.s
Chairpersons of .___ _ _ _ ___,
the Hou se. Initially a bit nervous,
centuries witnessed Vijayanagara's mai
independent India. victories and defeats. He again creat,
Ms. Usha was greeted by the members magical characters, situations and nar
by thumping of the desks when she tives to bring to life an ancient Emp1••-
Gautam Adani sat on the Chair to manage the that lasted more than three centurie,
India's most-celebrated billionaire proceedings.
industrialist Mr. Gautam Adani slipped Prabhat Koli
to the 30th spot, Virat Kohli At the young age of 23, India11
from 2nd just a India's ace cricketer Mr. Virat Kohli swimmer Prabhat Kali achieved the ran
:..-..
,~.,., month ago, in the became the fastest batter to complete feat of completin,1;
global rich li st 25,000 international
-~J_,,...J the highly testing
' ,.,lilr w with his net worth run s in Test Ocean Seve n,
dropping below cri.cket during the an inten sely-
$40 billion on match against contested open-
~ \
February 2 7, -~\;11 Australia in water swimming
2023. The acute New D elhi o n challenge, on
damage to th e February 19, March 5, 2023,
. share prices of
llJ
Gautam Adam Ih is Group
2023. He reached
the land mark in
thus becoming
the youngest person
companies was caused by a US-based .\~ 549 international ~ abhat Kofi i ever to do so. The
sh ort-seller firm Hindenburg matches , going . long distance
Research's report that accu~ed the
!:J
Viral Kohli
past Mr. Sachin swimmer _completed the challenge
conglomerate of indulging . in Tendulkar who achieved the feat in by sw1mrrung a distance of 28 km in
stock manipulation and acco un ting 577 Tests. He is only the 6th batsman to 8:41 hours across the Cook Strait in
fraud. reach 25,000-run mark in Test cricket. New Zealand in challenging weather
conditions. g
218
COMPETITION SUCCESS REVIEW, APRIL 2023

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