Current Affairs 31 July 2021

We are here for you to provide the important Recent and Latest Current Affairs 31 July 2021, which have unique updates of Latest Current Affairs 2021 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

Central Govt allowed 100% FDI in oil PSUs with ‘in-principle’ nod for Strategic Divestmenti.On July 29, 2021, Department for Promotion of Industry and Internal Trade (DPIIT) issued a press note stating that a new clause has been added to the FDI (Foreign Direct Investment) policy for oil and natural gas sector.
ii.As per the clause, Central Government has allowed 100% FDI under the automatic route for oil refiners in case an ‘in-principle’ approval for strategic disinvestment of a Public Sector Undertaking (PSU) has been granted by it.
iii.It should be noted that the government is privatizing Bharat Petroleum Corporation Ltd. (BPCL) and selling its entire 52.98% stake in the company.
About Department for Promotion of Industry and Internal Trade (DPIIT):
It was established in the year 1995 and was reconstituted in the year 2000 with the merger of the Department of Industrial Development. The department was earlier called Department of Industrial Policy & Promotion and was renamed as DPIIT in January, 2019.
Parent Ministry– Ministry of Commerce and Industry
>>Read Full News

MoHFW Reserves 27% seats for OBCs, 10% for EWS in Medical EducationThe Ministry of Health & Family Welfare (MoHFW) announced 27% Reservation for OBCs (Other Backward Classes) & 10% Reservation for EWS (Economically Weaker Section) in the All-India Quota Scheme (AIQ). It will be applicable for all
Medical & Dental courses (both Undergraduate & Postgraduate) from the academic year 2021-22.

• Around 5,500 students will benefit because of the reservation.

All-India Quota (AIQ) Scheme
Introduced in 1986 as per the Supreme Court’s direction, the main objective of the scheme was to allow merit-based opportunities to students. It allows students from any state to study in a medical college in another state.

• It consists of 15% of total available UG seats & 50% of total available PG seats in Government medical colleges.

About Ministry of Health & Family Welfare (MoHFW)
Union Minister – Mansukh L. Mandaviya (Rajya Sabha – Gujarat)
MoS – Dr. Bharati Pravin Pawar (Dindori, Maharashtra)
>>Read Full News

PM Narendra Modi Launches New Initiatives to mark 1st Anniversary of NEP 2020Prime Minister Narendra Modi launched several new initiatives to mark the 1st Anniversary of National Education Policy 2020 (NEP 2020), which was launched on 29th July, 2020.
i.NEP 2020 is the 1st education policy of the 21st Century, it replaces the National Policy on Education, 1986 (NPE, 1986).
ii.The 5 pillars of NEP 2020 are Access, Equity, Quality, Affordability and Accountability.
iii.Some newly launched initiatives are

>>Read Full News

Cabinet Approved Amendment in GIBNA to Privatise 1 General Insurance CompanyThe Union Cabinet has approved the amendment in the General Insurance Business Nationalisation Act (GIBNA), 1972 to facilitate the privatisation of 1 General Insurance Company in the public sector.
Amendments for Privatisation:
i.Currently there exist 4 general insurance companies in the public sector such as National Insurance Company Ltd (NICL), New India Assurance Company (New India) Ltd, Oriental Insurance Company Ltd (OICL), and the United India Insurance Company Ltd (UIICL).
ii.2 provisions of GIBNA, 1972 such as Section 10A and Section 10B might be amended to facilitate the privatisation.
iii.After the amendment, one of the 4 General Insurance Companies will be privatised (Not yet finalised by the Government).
About General Insurance Corporation (GIC) of India:
i.The entire General insurance business in India was nationalized in 1972 by GIBNA and amalgamated the 107 insurers into 4 General Insurance Companies – NIC, New India, OICL, and UIIC.
ii.Later the government incorporated GIC in 1972 and made those 4 insurance companies as its subsidiaries.
iii.From 2003, the ownership of the 4 insurance companies and GIC were transferred to the government of India and notified GIC as the Indian Reinsurer.
>>Read Full News

Women Unemployment Rate falls to 4.2% in 2019-20 from 5.1% in 2018-19: PLFS 2019-20i.In accordance with the ‘Periodic Labour Force Survey (PLFS)- Annual Report (July, 2019 – June, 2020)’ conducted by National Statistical Office (NSO), unemployment rate for women fell to 4.2% in 2019-20 from 5.1% in 2018-19.
ii.The findings of the survey were informed by Minister of State (MoS) Rameshwar Teli, Ministry of Labour and Employment in a written reply in the Lok Sabha.
iii.The Labour Force Participation Rate (LFPR) for women has increased from 24.5% in 2018-19 to 30% in 2019-20.
About Ministry of Statistics and Programme Implementation (MoSPI):
Minister of State (MoS), Independent Charge – Rao Inderjit Singh
Constituency– Gurugram (Haryana)
>>Read Full News

MoPSW Set up Panel to Firm up Plans to Start Karaikal-Kankesanthurai Ferry ServiceThe Ministry of Ports, Shipping and Waterways(MoPSW) has set up a committee to define a comprehensive plan to start the ferry service between Karaikal Port, Karaikal, Puducherry, India and Kankesanthurai Port (also known as KKS), Jaffna(Northern Province), Sri Lanka.

• The Karaikal-Kankesanthurai Ferry Service is a component of the Sagarmala Programme of the MoPSW aimed to promote coastal shipping.
• The government of Puducherry (Union Territory), has been directed to get the required clearances from the Ministry of Home Affairs and other relevant government organisations.

Ferry Service between Karaikal to KKS port:
i.The government of India has received the proposal from the governments of Puducherry and Sri Lanka to start the passenger shipping between Karaikal, Puducherry and Jaffna, Sri Lanka under the provisions of the memorandum of understanding (MoU) signed between
India and Sri Lanka in 2011.
ii.King Lear Limited has submitted a proposal to start a ferry service between Karaikal port to KKS.
Additional Info – to promote Inland Waterways in the country, 11 waterways have been declared as National Waterways under the National Waterways Act 2016, spread over 24 states in the country.
About Ministry of Ports, Shipping and Waterways(MoPSW):
Union Minister– Sarbananda Sonowal
Minister of State– Shripad Naik(Constituency- North Goa, Goa); Shantanu Thakur(Constituency- Bangaon, West Bengal)

12th Edition of ‘INDRA NAVY-21’ Exercise held between Indian & Russian NaviesThe 12th Edition of Biennial bilateral maritime Exercise ‘INDRA Navy-21’ was held between the Indian Navy & Russian Federation Navy in the Baltic Sea from July 28-29, 2021.

• Stealth Frigate INS Tabar represented the Indian Navy, while Corvettes RFS Zelyony Dol and RFS Odintsovo of the Baltic Fleet represented the Russian Federation Navy.
• The focus of exercises were on enhancing interoperability, understanding and procedures for various maritime operations.
• The Army version of INDRA exercise is set to be held from August 1-13, 2021 in Volgograd, Russia.

Background
The Bilateral Exercise INDRA has been held between India & Russia since 2003.

• The 11th Edition of the exercise was held in Bay of Bengal in September, 2020.

About Indian Navy
Chief of Naval Staff (CNS) – Admiral Karambir Singh
Integrated Headquarters of Ministry of Defence (Navy) – New Delhi
>>Read Full News

Central Government to set up National Farmers Database

During a Parliament session, Union Minister for Agriculture & Farmers Welfare, Narendra Singh Tomar stated that the Central Government is planning to create a National Farmers Database using digitized land records.

• The setting up of a National Database will help in offering proactive and personalized services to the farmers.
• The Agriculture ministry has already started the work of creating ‘Agristack’ – a digital ecosystem of agriculture.

INTERNATIONAL AFFAIRS

India Least Prepared for Automation in Asia-Pacific: Autodesk Foundation ReportA recently released report titled ‘The Future of Work is Now: Is APAC Ready?’ has ranked India 5th highest in terms of the impact from automation & 9th in terms of level preparedness among 12 Asia-Pacific (APAC) countries.  The report was commissioned by Autodesk Foundation & conducted by Deloitte.

• Most Prepared – Japan, Singapore and Australia are the most prepared for the coming wave of automation.
• Least Prepared – India, Bangladesh and Pakistan are most at risk and are least prepared for the incoming wave of automation.
• It provides a quantitative estimate of Industries which will be the most affected due to automation.

Key Points
i.The top three industries which face high risk due to automation are Construction, Mining, and Transport.
ii.India faces a high impact due to automation as it has large employment shares in Agriculture, Manufacturing and Construction.
About  Autodesk Foundation 
President and CEO – Lynelle Cameron
Headquarters – San Francisco, California, USA
About Deloitte
Global CEO – Punit Renjen
Headquarters – New York, USA
>>Read Full News

Report on Future of Connectivity in India Launched during US-India CEO Forum 2021During a virtual US-India CEO Forum, hosted by the US (United States)-India Strategic Partnership Forum (USISPF), its ICT ((Information and Communications Technology) Working Group launched a report titled ‘The Future of Connectivity in India’.

• The report prepared by Deloitte and the ICT Working Group formulated a plan for India’s mobility business for adapting a digitized and interconnected world.

Key Recommendation given in Report:
The report provides recommendations for accelerating connectivity initiatives to make India at par with advanced digitized economies like the US, China and South Korea. These include the following:
i.Expanding India’s fiber tech and small cell infrastructure to deliver high capacity solutions through sharing of fiber, stimulating investments in fiber expansion via PPP (Public Private Partnership), and expediting Right-of-Way (ROW) approvals.
ii.Improving scalability and using satellites and Low Earth Orbit (LEO) networks to provide benefits in areas entailing 4G/5G backhaul.
iii.Fast tracking 5G plans for commercial launch by building comprehensive wireless strategy and implementation roadmap.
About US-India Strategic Partnership Forum (USISPF):
It is the only independent not-for-profit institution for strengthening the U.S.-India partnership in Washington, D.C. and in New Delhi. It is a trusted partner for collaborations of businesses, non-profit organizations, the diaspora, and the governments of India and the US.
Key Participants:
Mukesh Aghi, President and CEO (Chief Executive Officer) of the US-India Strategic Partnership Forum; and Dr. P.D. Vaghela, Chairman, TRAI (Telecom Regulatory Authority of India).

India, US to Virtually co-host 4th Annual Indo-Pacific Business Forum in October 2021The Governments of India and the United States of America(USA) are set to virtually co-host the 4th annual Indo-Pacific Business Forum(IPBF) in October 2021. The 2-day virtual event will start from 28th October to 29th October 2021.
The 4th IPBF will be organised over a secured online conferencing platform.
Host & Sponsor:
i.The event is sponsored by the United States Trade and Development Agency (USTDA) and co-organizing with the Department of State and more than 10 other United States(US) government agencies.
ii.India and the US host the event in partnership with the Confederation of Indian Industry(CII), the Federation of Indian Chambers of Commerce and Industry(FICCI), US Chamber of Commerce, US India Business Council, US India Strategic Partnership Forum, and the US-ASEAN Business Council.
4th IPBF:
Aim:
To promote trade, investment and economic cooperation between the United States and its partners across the Indo-Pacific region.
Key Points:
i.The IPBF will provide a platform for the business leaders and government from The US, India and across the Indo Pacific region to exchange ideas through discussion organised on 3 themes:

• Economic Recovery and Resilience
• Climate Action
• Digital Innovation

ii.The IPBF will also showcase high impact private sector investment and government efforts to support market competition,  job growth, and high-standard development in the indo-pacific region.

BANKING & FINANCE

NABARD Approves Around Rs.446 crores for Drinking Water Projects in Punjab

National Bank for Agriculture and Rural Development (NABARD) has sanctioned around Rs.446 Crore (i.e.Rs 445.89 Crore) for five large surface based drinking water projects in Ferozpur, Fazilka, Hoshiarpur and Rupanagar districts of Punjab.
i.The funds have been sanctioned under the Rural Infrastructure Development Fund (RIDF).
ii.The project will benefit a rural population of 10.39lakh in 700 villages by providing 70 litres per capita per day of potable drinking water through household tap connections.
iii.The Punjab government is leveraging Centre’s assistance under “Jal Jeevan Mission” with support under RDIF for the benefit of larger sections of the society.
ABOUT RIDF

• The Government of India had created RIDF in 1995-96  and is maintained by NABARD
• At present, there are 37 eligible activities under RIDF as approved by Government of India
• The main objective of the Fund is to provide loans to State Governments and State-owned corporations to enable them to complete ongoing rural infrastructure projects

Jal Jeevan Mission
i.It was launched on August 15^th 2019.
ii.JJM envisages supply of 55 litres of water per person per day to every rural household through Functional Household Tap Connections (FHTC) by 2024.
iii.The Ministry of Jal Shakti is responsible for its implementation.
About National Bank for Agriculture and Rural Development (NABARD):
A statutory body established in 1982.It is fully owned by Government of India
Chairman – G.R.Chintala
Headquarters – Mumbai, Maharashtra

LIC CSL Launched 2 Co-branded RuPay Credit Cards Powered by IDBI Bank – Lumine, EclatLIC Cards Services Ltd (LIC CSL) in partnership with IDBI Bank launched 2 variants of co-branded RuPay Credit Cards powered by IDBI Bank such as LIC CSL ‘Lumine’ Platinum Credit Card and LIC CSL ‘Eclat’ Select Credit Card.

• At first, the cards were targeted to LIC Policyholders, LIC Agents, and Employees of LIC of India and its subsidiaries/Associates.
• Both the cards have a validity of 4 years and an interest-free credit period of up to 48 days with a credit limit.
• It facilitates the users to convert the transactions of over Rs 3000 to Equated monthly instalment (EMI) with zero processing and foreclosure fee. The EMI tenure has options of 3, 6, 9 or 12 months.

About LIC Cards Services Ltd (LIC CSL):
It is the wholly-owned subsidiary of Life Insurance Corporation (LIC) of India
Establishment – 2008
Headquarters – New Delhi
>>Read Full News

RBI Cancelled the License of Madgaum Urban Co-operative BankThe Reserve Bank of India (RBI) cancelled the license of Madgaum Urban Co-operative Bank Limited, Margao, Goa due to its inadequate capital and earning prospects to pay its present depositors in full.

• The bank is also prohibited from conducting the ‘banking’ business (including acceptance of deposits and repayment of deposits) as defined in Section 56 of the Banking Regulation (BR) Act, 1949.
• RBI imposed a monetary penalty of Rs 5 crore on Axis Bank for non-compliance with various regulatory provisions of directions issued by the RBI on Cyber Security Framework in Banks, Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Account, Frauds – Classification and Reporting, etc.

About Reserve Bank of India(RBI):
i.RBI was established in 1935 on the recommendation of the Hilton Young Commission
ii.It was nationalised in 1949
iii.The 1st headquarters of RBI was located in Kolkata
>>Read Full News

DBS, Temasek Launched US $500 Million Debt Financing Platform EvolutionXDBS Group Ltd and Temasek Holdings jointly launched a US $500 million debt financing platform named EvolutionX Debt Capital (EvolutionX) to provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.

• Before appointing a full-time Chief Executive Officer (CEO), the platform will be led by Joint Interim CEOs Amit Sinha, Group Head of Telecoms, Media and Technology, DBS, and Aftab Mathur, director, Investment, Temasek.
• EvolutionX will invest in the digital economy, across sectors such as financial services, consumer, healthcare, education, and industrial development.
• Growth debt is an alternative source of financing for high-growth technology companies which usually raises equity as a source of capital.

About DBS Group Ltd:
It is the largest lender in Southeast Asia (by market capitalisation and assets)
Headquarters (Global) – Singapore
CEO – Piyush Gupta
About Temasek Holdings:
Headquarters – Singapore
Executive Director & CEO – HO Ching

ECONOMY & BUSINESS

JSW Energy Partnered with FFI for Green HydrogenOn July 29, 2021, JSW Future Energy Ltd, the wholly-owned subsidiary of JSW Energy, made a framework agreement with Australian Fortescue Future Industries (FFI) Pty Ltd to produce green hydrogen fuel.

• Both firms will investigate the potential of green hydrogen for green steel making, hydrogen mobility, green ammonia, and other mutually agreed industrial applications in India.
• Objective: To increase the renewable energy share in JSW Energy’s portfolio from the current 30 percent to 85 percent (20 GW) by 2030.
• Currently, India consumes ~6 million tonnes of hydrogen annually.

Recent Green Hydrogen Initiatives:
i.Indian Oil Corporation (IOC) has set to build India’s 1st ‘Green Hydrogen’ plant at Mathura refinery, Uttar Pradesh (UP) to cater for the growing demand for cleaner forms of energy. Click here to know more
ii.Recently, Reliance Industries Ltd (RIL) announced a green energy investment of Rs 75,000 crore to set up 4 ‘Giga’ factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells over the next 3 years.
iii.NTPC Renewable Energy Ltd (NTPC REL) plans to set up India’s single largest Solar Par with 4750 MW (megawatt) renewable energy at Rann of Kutch in Khavada, Gujarat to produce green hydrogen on a commercial scale. Click here to know more
iv.National Hydrogen Energy Mission was announced at the Budget 2020-21, and the Union Ministry of New and Renewable Energy (MNRE) has circulated a draft of the mission to mandate the green hydrogen consumption on fertiliser producers and petroleum refiners.
Green hydrogen generation: Solar and wind plants could produce green hydrogen through electrolysis (a process in which the electricity generated is put in water to create hydrogen and oxygen).
About Fortescue Future Industries (FFI) Pty Ltd:
Headquarters – East Perth, Australia
CEO – Julie Shuttleworth
About JSW Energy:
Headquarters – Mumbai, Maharashtra
Joint MD & CEO – Prashant Jain

NASSCOM enters into partnership with UK Government and UK India Business CouncilThe National Association of Software and Services Companies (NASSCOM), The IT industry body, has partnered with the UK Government’s Department for International Trade (DIT) and the UK India Business Council (UKIBC) to address the Digital Skills Gap in the United Kingdom.
i.It includes a 2 day virtual tour covering most of the UK’s top universities such as University of Nottingham, University of Glasgow and others.
ii.The initiative made the companies have a closer look at infrastructure facilities at the universities, understand their methodology for developing skills, explore joint R&D projects internships, tie-ups, hiring and so on.
iii.NASSCOM members like Cigniti, HCL, Hexaware, Infosys, L&T, Mastek, Tech Mahindra, Wipro and others participated in the 2 day virtual programme
Future Skills Prime
It is a skill building programme  by the Ministry of Electronics and Information Technology, NASSCOM and the IT industry.
About National Association of Software and Services Companies (NASSCOM):
President – Debjani Ghosh
Headquarters – Mumbai, Maharashtra

FTCCI, ACCI Partners to Promote Trade between Telangana and AfghanistanThe Federation of Telangana Chambers of Commerce and Industry (FTCCI) has signed an agreement with the Afghanistan Chamber of Commerce and Investment (ACCI) to promote the business between Afghanistan and Telangana.

• The partnership agreement was signed by Shafiqullah Atayee, Chief Executive Officer(CEO) of ACCI and K Bhasker Reddy, President of FTCCI at a seminar on Promotion of Business between Afghanistan and Telangana.

Key People:
Muhammad Suleman Kakar, Consul General of the Islamic Republic of Afghanistan; Jayesh Ranjan, Principal Secretary (Industries & IT); Rajender Agarwal, Chairman International Trade Committee and Khyati Amol Naravane, CEO of FTCCI were present during the event.
Features of the partnership:
i.The partnership between FTCCI and ACCI will play a major role in strengthening the trade and investment in both Telangana and Afghan.
ii.Under this partnership, FTCCI will collaborate with the business communities in Afghan to establish manufacturing units and increase the market access for afghan products in the state.
iii.This partnership will enable bilateral trade in various sectors including IT, infrastructure, mining, communication, education, energy, transport, agriculture, pharmacy and healthcare.
iv.Both FTCCI and ACCI will exchange the information required for the companies investing and operating in one or both countries.
Additional info:
i.Both the chambers will organise seminars, symposiums, conferences, workshops and meetings in cooperation with the competent authorities.
ii.They will work towards the development of bilateral economic relations by involving governmental and non-governmental organisations along with the organisations of different sectors.
iii.The chambers will hold regular consultations to eliminate the factors affecting bilateral trade and promote the establishment of joint ventures to attract investments.
About Federation of Telangana Chambers of Commerce and Industry (FTCCI):
President– K.Bhasker Reddy
Chief Executive Officer– Khyati Amol Naravane
Headquarters– Hyderabad, Telangana
Established in 1917
About Afghanistan Chamber of Commerce and Investment (ACCI):
Acting CEO– Shafiqullah Atayee
Headquarters– Kabul, Afghanistan

SCIENCE & TECHNOLOGY

Cochin Shipyard Ltd launches 5 Vessels; IAF Inducts Rafalae into Eastern Air Command Cochin Shipyard Ltd (CSL) launched 5 vessels – 3 Floating Border Outpost Vessels (FBOP) for Border Security Force (BSF) & 2 Mini General Cargo Ships for JSW Group from its dock in Cochin, Kerala.

• The 3 FBOPs designed & built indigenously by CSL for BSF will act as Strategic base stations at the borders. They will be deployed on the Eastern & Western borders and will strengthen BSF’s water wing.
• The 2 Mini General Cargo Ships will boost JSW’s business through coastal and inland waterways in India.

IAF Inducts Rafale Aircraft into 101 Squadron of EAC
Indian Air Force (IAF) formally inducted the Rafale Aircraft into the 101 Squadron of the Eastern Air Command (EAC) at Hasimara Air Force, West Bengal.
About Cochin Shipyard Ltd (CSL)
It is a fully owned Government of India company
CMD – Madhu S Nair
Location – Cochin, Kerala
>>Read Full News

ENVIRONMENT

MoEF&CC: 14 Tiger Reserves of India Received CA|TS Accreditation Bhupender Yadav, Union Minister of Environment, Forest and Climate Change(MoEF&CC) announced that 14 Tiger reserves across India have received the accreditation of the global Conservation Assured Tiger Standards (CA|TS) during the virtual event organised on the occasion of the International Tiger Day 2021, (29th July).

• The 14 accredited tiger reserves are located in Assam (3), Madhya Pradesh (2), Tamil Nadu (2) Maharashtra (1), Bihar (1), Uttar Pradesh (1), West Bengal (1), Kerala (1), and Karnataka (1).
• He also released the report ‘Status of Leopards, Co-predators and Megaherbivores-2018’ and the special edition of ‘STRIPES’ quarterly newsletter of the National Tiger Conservation Authority’s (NTCA).

Increase in Assam’s Tiger population:
i.The tiger population of Assam has increased to 200 in 2021 from 159 in 2018.
As of 2021, There are 121 Tigers in Kaziranga, 48 in Manas, 28 in Orang and 3 in Nameri Tiger Reserves.
About Ministry of Environment, Forest and Climate Change(MoEF&CC):
Union Minister- Bhupender Yadav (Rajya Sabha- Rajasthan)
Minister of State- Ashwini Kumar Choubey(Constituency- Buxar, Bihar)
>>Read Full News

BOOKS & AUTHORS

Argentinian Writer Luciano Wernicke’s new book “The Most Incredible Olympic Stories”

“The Most Incredible Olympic Stories” authored by Argentinian writer Luciano Wernicke traces the details of the journey of the Olympics from its genesis to its glory days.
The book published by Niyogi Books features many stories that mention the instance where sports uplifts itself in terms of humanity.

• Luciano Wernicke has authored many books on sports such as The Most Incredible Football Stories, Doctor and Champion, Duel Never Won (comparative biography of Lionel Messi and Cristiano Ronaldo)

IMPORTANT DAYS

World Day Against Trafficking in Persons 2021 – July 30United Nations(UN)’s World Day Against Trafficking in Persons is annually observed across the globe on 30th July to create awareness about the situation of the victims of human trafficking and to promote and protect their rights.
The theme of the World Day Against Trafficking in Persons 2021 “Victims’ Voices Lead the Way”, highlights the importance of listening and learning from the survivors of human trafficking.
Background:
i.The United Nations General Assembly(UNGA) adopted the resolution A/RES/68/192 on 18th December 2013 and proclaimed the 30th July of every year as the World Day Against Trafficking in Persons.
ii.The first World Day Against Trafficking in Persons was observed on 30th July 2014.
The Blue Heart Campaign:
The Blue Heart Campaign is a global awareness-raising initiative that combats human trafficking and the impacts of human trafficking on society and builds political support to fight against the criminals behind trafficking.
About United Nations Office on Drugs and Crime (UNODC):
Executive Director- Ghada Waly of Egypt
Headquarters- Vienna, Austria
>>Read Full News

STATE NEWS

First Solar to Set Up Solar Module Manufacturing in TN

US-based First Solar is set to invest USD 684 million in a new, fully vertically integrated PhotoVoltaic (PV) thin film solar module manufacturing facility in Tamil Nadu (TN). It will have a manufacturing capacity of 3.3 GW and will generate 1,000 highly skilled jobs.

• The facility will begin manufacturing in the 2nd half of 2023.
• In December 2020, First Solar signed a Memorandum of Understanding with the TN Government to set up a solar module manufacturing facility at an investment of INR 4,185 crore.

Goa sign MoU with Jio Embibe to Offer AI-Based Learning for Students

The Government of Goa has signed a Memorandum of Understanding(MoU) with Jio Embibe, Artificial Intelligence(AI) powered learning platform, to offer AI-based learning for students. Jio Embibe is owned by Reliance Industries Limited(RIL).
The government has also signed an MoU with Eduisfun Technologies to offer STEPapp, gamified digital learning app for students of classes 6 to 12.

• Pramod Sawant, Chief Minister(CM) of Goa, who also holds the Education portfolio stated that the MoU covers the students of classes 6 to 12 with a portal to learn subjects like mathematics and science.
• Both the programmes will be implemented for free during the academic year 2020 to 2021.

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