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Current Affairs 31 March 2023

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MoD signs 3 Defence Contracts worth Rs 5,400cr for Indian Army & Indian NavyMoD signs 3 defence contracts worth ₹5,400 cr for Army, NavyOn March 29, 2023, the Ministry of Defence (MoD) has signed three contracts worth ∼ Rs 5,400 crore for Indian Army (IA), and Indian Navy (IN) under the Buy {Indian – IDMM (Indigenously Designed Developed and Manufactured)} to boost defence capabilities of India. These include the following:
i.Two contracts are signed with Bharat Electronics Limited (BEL) worth Rs 2,400 crore viz.

  • Procurement of Automated Air Defence Control and Reporting System ‘Project Akashteer’ for IA worth Rs 1,982 crore
  • Acquisition of Sarang Electronic Support Measure (ESM) systems along with associated Engineering Support Package from BEL, Hyderabad at an overall cost of Rs 412 crore for the Indian Navy.

ii.One contract is signed with the NewSpace India Limited (NSIL), a Central Public Sector Enterprise (CPSE) under the Department of Space, Bengaluru (Karnataka) for Rs 2,963 crore for an advanced communication satellite, GSAT (Geosynchronous Satellite System) 7B, for IA.
On 30th March 2023, MoD signed a contract worth Rs 1,700 crore with BEL for the procurement of 13 Lynx-U2 Fire Control Systems for Indian Navy.
About Ministry of Defence (MoD):
Union Minister– Rajnath Singh (Constituency- Lucknow, Uttar Pradesh)
Minister of State– Ajay Bhatt (Constituency- Nainital-Udhamsingh Nagar, Uttarakhand)
>> Read Full News

MeitY approves setting up of Electronics Manufacturing Cluster at Dharwad in Karnataka

On 24th March 2023, Rajeev Chandrasekhar, Union Minister of State, Ministry of Electronics & Information technology(MeitY), announced  that MeitY has approved to set up Rs 180 crore worth Electronics Manufacturing Cluster (EMC) at at Kotur-Balur Industrial Area in Dharwad, Karnataka, which is expected to create over 18,000 jobs.

  • The project, which is being set up under  Modified Electronics Manufacturing Cluster (EMC 2.0) scheme, is expected to catalyse more than Rs 1,500 crore worth of investments very soon.
  • With the potential to employ 2,500 people, 9 businesses, including start-ups, have already committed to investing Rs 340 crore.
  • EMC 2.0 scheme was introduced on 1st April 2020 with an objective to create world class infrastructure along with common testing facilities.
  • Under the Scheme, 3 EMC over an area of 1,337 acres with a project cost of Rs 1,903 crore, including Central financial assistance of Rs 889 crore has been approved which projected an investment target of Rs 20,910 crore.

PM Narendra Modi Inaugurates 13.7km Whitefield-KR Pura Metro Line in Bengaluru

On 25th March 2023, Narendra Modi, Prime Minister(PM) of India, inaugurated the 13.7 kilometres (Km) commercial operations of the Bengaluru Metro Rail Corporation (BMRCL) from Whitefield (Kadugodi) to Krishnarajapuram Metro stretch in Bengaluru, Karnataka. The operations started on 26th March 2023.

This is the 2nd largest Metro network in India after Delhi Metro and Whitefield is the first tech corridor connected by Metro in Bengaluru.

  • BMRCL is yet to connect the KR Puram- Byappasahalli section (2 km). At present, the Whitefield Metro section is a standalone line.
  • The 13.7 Km segment will reduce journey times by 40% and benefit 5 lahks to 6 lakh people who work in IT parks, export promotion industrial areas, malls, and hospitals.
  • The maximum fare between Whitefield and KR Puram is priced at Rs 35, and the travel time between both destinations is 22 minutes.

Bengaluru’s Metro network will have 69.6 kilometres and 63 stations with the commissioning of this stretch.


Arton Capital’s Passport Index 2023: India Ranked 144 with Mobility Score 70; UAE Ranks 1st Arton Capital’s Passport Index 2023 India Ranked 144According to Arton Capital’s latest update of ‘Passport Index 2023’(as of March 2023), India’s Mobility score (MS) has reduced by three places to 70 from 73 in 2022. India’s Individual Passport Power Rank also fell by six places to 144 from 138 in 2022.

  • UAE ranks 1st in the Global Passport Power Rank 2023 with a Mobility Score of 181.  Afghanistan is ranked last with a Mobility Score of 38.


  • South Korea, which is 12th in the individual rankings with a mobility score of 174, has the highest score in Asia.
  • Japan in 26th with a mobility score of 172 is its closest Asian competitor.
  • China ranked relatively lower than other large economies at 118th in the Passport Index individual rankings.

Note – The global average MS stood at 110 with an average rank of 45.
Mobility Score (MS): It is the total number of countries that can be easily accessed with a given passport. It is a calculated total based on Visa-free, Visa-on-arrival, eTA (Electronic Travel Authorizations), and eVisa (issued within 3 days).
>> Read Full News

WHO Certifies Azerbaijan and Tajikistan as Malaria-Free CountriesWHO certifies Azerbaijan and Tajikistan as malaria-freeAzerbaijan and Tajikistan have been certified as “malaria-free” by the World Health Organization (WHO) for having eradicated malaria in their territories after making a consistent, century-long effort to eliminate it.

  • Azerbaijan reported its last case of locally transmitted Plasmodium vivax (P. vivax) malaria in 2012, and Tajikistan in 2014.

With this declaration, the WHO has certified 41 countries and 1 territory as malaria-free, including 21 countries in the European Region.
i.The accomplishments of Azerbaijan and Tajikistan are made possible by persistent investment and the dedication of the health workforce, as well as targeted prevention, early identification, and treatment of all malaria cases.
ii.The WHO European Region has now become two steps closer to becoming the very first fully malaria-free region in the world.
WHO Malaria-Free Certification
i.The Malaria Elimination Certification is the official acknowledgement of a country’s malaria-free status, awarded by the WHO.
ii.A nation is given the certification if it can demonstrate, via rigorous, credible evidence, that the chain of indigenous malaria transmission by Anopheles mosquitoes has been disrupted nationwide for at least the past 3 consecutive years.

  • A country must also demonstrate its ability to prevent transmission from resuming.

iii.The independent Technical Advisory Group on Malaria Elimination and Certification (TAG-MEC) makes recommendations to the WHO Director-General, who ultimately decides regarding the issuance of a malaria-free certification.

  • The TAG-MEC is an advisory body that recommends WHO on whether malaria-free certification should be granted to a country based on its government’s request or if a country’s malaria-free certification should be withdrawn.

WHO Global Malaria Programme (GMP)
i.The WHO Global Malaria Programme (GMP) is responsible for overseeing the organization’s global efforts to combat and eradicate malaria.
ii.Its activities are governed by the “Global Technical Strategy for Malaria 2016-2030,” which was adopted by the World Health Assembly in May 2015 and updated in 2021.
About the World Health Organization (WHO):
Director-General – Dr. Tedros Adhanom Ghebreyesus
Establishment – 1948
Headquarters – Geneva, Switzerland


SEBI postponed freezing MF Folios without Nomination to Sept 30, 2023; Introduces Framework for Scheme of Arrangement by Unlisted MIIsSEBI puts off frezeeing MF folios without nomination to Sept endi.On March 28, 2023, the Securities and Exchange Board of India (SEBI) postponed the decision to freeze Mutual Fund (MF) folios without nomination to September 30, 2023 instead of March 31, 2023.
ii.In lieu with the current decision, Asset management company (AMCs) and  Registrar & Transfer agents (RTAs) will encourage their customers/unit holders via Emails (Electronic Mail) and SMS (Short Message Service) to complete the nomination process.
iii.On the recommendations of Secondary Market Advisory Committee (SMAC) chaired by Gurumoorthy Mahalingam, SEBI introduced a framework for ‘Scheme of Arrangement by unlisted Market Infrastructure Institutions (MIIs)‘ to bring uniformity in the norms in line with provisions currently applicable to listed MIIs.
iv.The framework will be applicable from April 27, 2023.
About Securities Exchange Board of India (SEBI):
Chairperson– Madhabi Puri Buch
Headquarters– Mumbai, Maharashtra
Establishment– 12 April 1992
>> Read Full News

WB Financing to improve the livelihoods of Odisha and Karnataka

World Bank approves USD 100 million to improve disaster response in OdishaThe World Bank (WB) Board of Executive Directors has approved a USD 100 million loan from the International Bank for Reconstruction and Development (IBRD) to the Indian state of Odisha to boost Odisha’s early forecasting systems for better disaster response and to expand social protection coverage for poor and vulnerable households via digital platforms.

  • The IBRD loan of USD 100 million has a maturity period of 12.5 years and a grace period of 3 years.

The World Bank (WB) Board of Executive Directors has approved a USD 363 million loan from the IBRD to the southern Indian state of Karnataka.
Objective: To install piped water connections in the 2 million rural households in the state and supply them with clean drinking water.

  • The IBRD loan of USD 363 million has a maturity of 13.5 years, including a 2-year grace period.

About the World Bank (WB):
President (WB Group) – David Robert Malpass
Establishment – 1944
Headquarters – Washington D.C, United States (US)
>> Read Full News

DFS gave Rs 8,800 cr capital to SBI without the Bank asking for it in FY18: CAG ReportGovt gave Rs 8,800 cr capital to SBI without the lender As per the Report of the Comptroller and Auditor General of India for the year ended March 2021 – Union government (Economic & Service Ministries – Civil) No. 1 of 2023 (Compliance Audit Observations) presented in Parliament, the Department of Financial Services (DFS), Ministry of Finance had given Rs 8,800 crore to the State Bank of India (SBI) as part of a recapitalization exercise/credit growth in FY18.

Key Points:
i.DFS did not conduct an assessment of the capital requirement as per its own standard practice before recapitalization.
ii.DFS infused Rs 8800 crore into SBI in 2017-2018 for credit growth considering it the largest Public Sector Bank(PSB) in India, even though there was no demand.
Points to note:
i.It considered cushion over and above the norms prescribed by the Reserve Bank of India (RBI) while recapitalizing PSBs (Public Sector Banks)

  • RBI had already prescribed enhanced capital requirements of an additional 1% on banks in India.
  • This resulted in an excess infusion of Rs 7,785.81 crore.

ii.DFS infused Rs 831 crore into the Bank of Maharashtra in FY20 against the bank’s demand of Rs 798 crore to avoid the surrender of funds amounting to Rs 33 crore
Note: The aim of the government’s recapitalization of PSBs is to boost credit growth and fulfill regulatory capital requirements. This move also enables banks, which were placed under the RBI’s Prompt Corrective Action framework, to recover and meet their capital needs. It also helps to fulfill the capital requirements that arise due to the amalgamation process.


GTRI Report: India’s Merchandise Imports to Exceed USD 710 Billion in FY23India's merchandise imports to cross $710 billion in FY23According to a report by the economic think tank Global Trade Research Initiative (GTRI), India’s merchandise imports for the fiscal year ending March 2023 (FY23) are projected to exceed USD 710 billion, up from USD 613 billion in FY22 (2021-2022), a 15.8% increase over last year.

  • Six product categories such as Crude oil, coal, diamonds, chemicals, electronics, and machinery—accounted for 82% of India’s total FY23 merchandise imports, which is primarily responsible for the increase in inbound shipments of merchandise.

Estimated value of six Key Product Categories

  • Petroleum, Crude Oil – USD 210 Billion
  • Coal, Coke – USD 51 Billion
  • Diamonds, Precious Metals – USD 77 Billion
  • Chemicals, Plastics – USD 98.2
  • Electronics – USD 69 Billion
  • Machinery – USD 76 Billion

About Global Trade Research Initiative (GTRI):
GTRI’s mission is to produce high-quality, jargon-free outputs for governments and industry on trade, technology, and investment issues from the standpoint of development and poverty reduction.
Co-Founder – Ajay Srivastava
>> Read Full News

NTPC, Ceylon Electricity Board Jointly Agreed to Build Solar Power Plant in Sri LankaIndia, Sri Lanka to jointly build solar power plant in island nationNTPC Limited,(formerly known as National Thermal Power Corporation Limited) of India and the Ceylon Electricity Board of Sri Lanka jointly entered into an agreement to build a 135-megawatt(MW) solar power plant in Sri Lanka’s eastern port district of Trincomalee in two stages to promote renewable energy.

  • The cabinet of Sri Lanka has approved the project as the country aims to generate 70% of its electricity requirement by 2030 from renewable energy sources.
  • Under the agreement, India will provide continuous transmission of infrastructure in places where agreed mutually in Sri Lanka including the northern and eastern provinces in cooperation with private and state entrepreneurs in India and Sri Lanka.

Two-Stage of Implementation:
i.At the first stage of the project, it is expected to implement a solar power project of 50 MW with a total estimated investment of USD 42.5 million and to construct a 220 kilowatts(KW) transmission line with 40-km length from Sampoor to Kappalthure spending USD 23.6 million.

  • It is expected to complete this stage in two years from 2024 to 2025.

ii.The second stage of the project will include the construction of a solar power generation plant with an additional 85 MW under a total investment of USD 72 million.

Note –  The agreement made in 2013 with NTPC to build a thermal power plant in Sampur, Sri Lanka was abandoned over objections to the environmental hazards of using coal for power generation.


Mumbai Ranks in the World Tree City 2022 List for the 2nd Consecutive YearMumbai ranks among world's tree-rich cities 2022

In March 2023, the Arbor Day Foundation (ADF) and the Food and Agriculture Organization (FAO) of the United Nations(UN) recognised Mumbai (Maharashtra) in the ‘2022 Tree Cities of the World’ for its contributions and commitment towards growing and maintaining the urban forest.

Key Points:

i.Mumbai is being recognised in the international program, Tree cities of the World, for the second consecutive year. In 2021, it shared the honour with Hyderabad.

ii.ADF Chief Executive Dan Lambe has awarded the Tree Cities of the World certificate signed by Hiroto Mitsugi, Assistant Director-General, FAO Forestry Department, to the BMC authorities in the Tree City of the World programme.

  • Note – Brihanmumbai Municipal Corporation (BMC), also known as the Municipal Corporation of Greater Mumbai (MCGM).

iii.Mumbai fulfilled the five ADF criteria such as 

  • Determining responsibilities for tree care, 
  • Setting rules to govern urban forests and tree management, 
  • Maintaining an up-to-date inventory or assessment of local tree assets, 
  • Allocating resources for a tree management plan, and 
  • Organizing an annual tree festival to educate citizens.

iv.Mumbai city is rich in trees due to efforts like proper maintenance of trees, continuity for planting new trees, and extensive implementation of urban forests.

About Tree Cities of the World programme:

i.The Tree Cities of the World programme was launched in 2019 by FAO and the ADF, the world’s largest non-profit membership organization dedicated to planting trees, to connect cities worldwide in a new network dedicated to adopting the most successful approaches to managing urban trees and forests. 

ii.The first Tree Cities of the World Conference was held virtually in October 2020.

iii.In the past 50 years, the ADF has planted more than 35 crore trees worldwide, with a target of 50 crore more trees by 2027.

Chameli Devi Jain Award 2022: Journalist Dhanya Rajendran received for ‘Outstanding Woman Mediaperson 2022’

On 21st March 2023, Dhanya Rajendran, Co-founder and editor of the news website “The News Minute”, was awarded the Chameli Devi Jain Award for ‘Outstanding Woman Mediaperson 2022’ at the event at the India International Centre in New Delhi, Delhi.

  • Dhanya Rajendran’s work showed a blend of meticulous reportage and data reflecting not only individual merit but the pursuit of committed journalism.
  • The award citation took noted her work on subjects like women’s rights, climate, child abuse and state of prisons in India.

Chameli Devi Jain Award, instituted in 1982 and administered by the Media Foundation, is the annual award named after Chameli Devi Jain, a freedom fighter and a community reformer who went to jail during the freedom movement.


Humza Yousaf sworn in as Scotland’s First Minister; Scotland’s 1st Muslim LeaderHumza Yousaf sworn in as Scotland’s First MinisterOn 29th March 2023, Pakistani-origin Humza Yousaf (37), the new leader of the Scotland National Party (SNP), was legally sworn in as the new First Minister of Scotland at the Court of Session, Edinburgh. Humza Yousaf is the 1st Muslim to lead a democratic western European nation(Scotland).

  • He is the 6th politician to occupy the position and will now be the Keeper of the Scottish Seal after taking the oath of office and pledging his allegiance to King Charles III.
  • Humza Yousaf succeeded Nicola Sturgeon, former First Minister of Scotland, who resigned from her post in February 2023.

About Humza Yousaf:
i. Humza Haroon Yousaf was born in Glasgow, Scotland, on 7th April 1985.  His father Muzaffar Yousaf was born in Pakistan, and his mother Shaista Bhatta mother was born in Kenya.
ii. His political career began in 2011 when he was elected as a Member of the Scottish Parliament (MSP) for Glasgow at the age of 25, making him the youngest MSP at the time.

  • He has held many ministerial positions in the Scottish Government since 2012 and joined the cabinet in June 2018 as Cabinet Secretary for Justice.
  • In 2021, he was appointed as Cabinet Secretary for Health and Social Care.

iii. He served as the Scottish National Party (SNP)’s  Minister for Foreign Affairs and International Development, Minister for Transport and the Islands, and most recently Cabinet Secretary for Health and Social Care throughout the past decade.
iv. Humza Yousaf had always fought for social justice, equality, and human rights throughout his political career.
v. He played a critical role in the successful passage of the Marriage and Civil Partnership (Scotland) Act, which legalised same-sex marriage in Scotland, in 2012.
Humza Yousaf received the prestigious Sitara-i-Quaid-i-Azam award in 2016, one of Pakistan’s highest civilian honours, from then Pakistan’s President Mamnoon Hussain in appreciation for his efforts to improve ties between Scotland and Pakistan.
About Scotland:
Scotland is a member nation of the United Kingdom. With devolution in 1999, the Scottish Parliament and Scottish Ministers received powers formerly held by the UK Government.
First Minister- Humza Yousaf
Capital- Edinburgh
Currency- Pound Sterling

SpiceJet CMD Ajay Singh takes over as ASSOCHAM PresidentSpiceJet’s Ajay Singh takes over as ASSOCHAM PresidentAjay Singh, Chairman & Managing Director (CMD) of SpiceJet has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s oldest apex chamber.

  • Ajay Singh succeeds Sumant Sinha, Chairman & Chief Executive Officer (CEO) of ReNew, whose tenure as Chairman of ASSOCHAM ended on 28th March 2023.

Sanjay Nayar, Founder and Chairman of Sorin Investment Fund, is the new Senior Vice-President of ASSOCHAM.
About Ajay Singh:
i. Ajay Singh is an Indian businessman, sports administrator, bureaucrat and investor.
ii.He co-founded SpiceJet in 2005 and served as its Chief Executive Officer (CEO) from 2005 to 2010. He exited the airline in 2010 and rejoined in 2015 as CMD.
iii. He is also the President of the Boxing Federation of India, and Vice President of the International Boxing Association.
iv. He was the 1st Indian to chair the Aviation, Travel and Tourism (ATT) Governor’s Meeting at the World Economic Forum, Davos, Switzerland, in January 2019.
v. He was nominated to the Board of Governors of the International Air Transport Association.
vi. He is the Chairman of the Confederation of Indian Industry (CII) National Committee on Civil Aviation and also the Chairman of the World Travel and Tourism Council, India Initiative.
About the Associated Chambers of Commerce and Industry of India (ASSOCHAM):
President- Ajay Singh
Headquarters- New Delhi, Delhi
Establishment- 1920       


ISSF Rifle/Pistol World Cup 2023 in Bhopal: India Finished 2nd with 7 medals, India’s Sarabjot Singh won Gold ISSF World Cup in BhopalInternational Shooting Sport Federation (ISSF) Rifle/Pistol World Cup 2023 was held from 20th to 27th March 2023 in Madhya Pradesh State Shooting Academy, Bhopal, Madhya Pradesh(MP). India secured the 2nd position in the ISSF Rifle/Pistol World Cup 2023 with 7 medals(1 gold, 1 silver and 5 bronze).

  • Indian shooter Sarabjot Singh won the gold medal in 10m Air Pistol Men and Rhythm Sangwan and Varun Tomar won the silver medal in 10m air pistol mixed team.
  • China topped the medal tally with 12 medals(8 gold, 2 silver and 2 bronze) while Germany came 3rd with 3 medals(1 gold, 1 silver and 1 bronze).

About International Shooting Sport Federation (ISSF)  : 
ISSF is the governing body of the Olympic shooting events in rifle, pistol and shotgun (clay target) disciplines, and of several non-Olympic shooting sports events.
President– Luciano Rossi
Headquarters– Munich, Germany
>> Read Full News


UN’s First International Day of Zero Waste – 30th March 2023International Zero Waste Day - March 30 2023The United Nations(UN)’s first ever International Day of Zero Waste was observed on 30th March 2023 to create awareness about the importance of zero waste and encourage everyone to prevent and minimize waste and promotes a societal shift towards a circular economy.

  • The day also recognises the contribution of responsible consumption and production practices and urban waste management in achieving sustainable development goals(SDGs).

The day is jointly facilitated by the UN Environment Programme (UNEP) and the UN Human Settlements Programme (UN-Habitat).
i.The United Nations General Assembly(UNGA) adopted the resolution A/RES/77/161 on  14th December 2022 at its 77th session and proclaimed the 30th March of every year as the International Day of Zero Waste.

  • This followed the other resolutions focused on waste, including “End plastic pollution: towards an internationally legally binding instrument”, adopted at the UN Environment Assembly on 2 March 2022.

ii.This resolution was proposed by Türkiye alongside 105 other countries.
About United Nations Environment Programme (UNEP):
Executive Director– Inger Andersen
Established in 1972
Headquarters– Nairobi, Kenya
>> Read Full News

Union Home Minister Amit Shah attends 84th Raising Day of CRPF in Chhattisgarh

On 25th March 2023, Amit Shah, Union Minister of Home Affairs, attended the 84th Raising Day event of the Central Reserve Police Force (CRPF) as Chief Guest at Jagdalpur, Bastar, Chhattisgarh.

  • On the occasion, Amit Shah also took the salute of the parade and also inaugurated Prasar Bharati’s news bulletin for the Bastar Division in the local language of Halbi.

The CRPF came into existence as Crown Representative’s Police on 27th July 1939. It became the Central Reserve Police Force on the enactment of the CRPF Act on 28th December 1949.

  • The CRPF is India’s largest Central Armed Police Force (CAPF), with about 3.25 lakh personnel.
  • It is designated as the lead national internal security force operating in 3 main domains of Left Wing Extremism (LWE), counter-insurgency operations in the Northeast, and counter-terrorist operations in Jammu and Kashmir.


Himachal Pradesh Assembly Passed Rs 56,683 Crore Budget for FY24Himachal Pradesh legislative assembly passed ₹56,683 cr budgetOn 29th March 2023, the Legislative Assembly of Himachal Pradesh(HP) passed the Rs 56,683.69 annual budget for Financial year 2023-2024.

CM also introduced the related Himachal Pradesh Appropriation Bill 2023 in the state assembly, which was passed by voice note.

  • With this, the governmentof HP is authorized to withdraw funds from the consolidated fund for the use during FY24.

i.On 17th March 2023, Sukhvinder Singh Sukhu, Chief Minister(CM) and Finance Minister of HP,  presented his first budget for HP with an outlay of Rs 53,613 crore. 
ii.After discussion on the demands for grants of the budget between the ruling party (Indian National Congress -INC) and the opposition(Bharatiya Janata Party – BJP) from 20th to 23rd March 2023, there has been an increase of Rs 3064.69 crore in the budget for FY24.
About Himachal Pradesh:
Chief Minister– Sukhvinder Singh Sukhu
Governor–  Shiv Pratap Shukla
Wildlife Sanctuary– Kalatop-Khajjiar Wildlife Sanctuary; Kanawar Wildlife Sanctuary
Festivals– Basant Panchami; Lossar
>> Read Full News

Arunachal Pradesh to sign MoA with CPSUs to set up 5 Hydropower Plants Arunachal to sign deal with CPSUs to set up five hydropower plantsOn 29th March 2023, the Meeting of the Arunachal Pradesh cabinet chaired by Pema Khandu, Chief Minister(CM) of Arunachal Pradesh, approved the proposed signing of the Memorandum of Agreement (MoA) with the 2 Central Public Sector Undertakings (CPSUs) to hand over five terminated hydropower projects with a generation capacity of 2823 MW
The 2 CPSUs are: North Eastern Electric Power Corporation Limited (NEEPCO) and Satluj Jal Vidyut Nigam Limited(SJVN).
The hydropower projects Naying (1,000 MW) and Hirong (500 MW) would be handed over to the NEEPCO; and Emini (500 MW), Amulin (420 MW) and Minundon (400 MW) would be handed over to SJVN for development.
Note: The 5 projects would require an investment of Rs 40,000 crore in the next five to seven years
Other Cabinet Approvals:
i.13 priority projects totalling 12,343 MW of power capacity have an action plan prepared to commence work.
ii. A total of Rs 1.5 lakh crore would be invested as a result, and Arunachal Pradesh will receive Rs 2,000 crore in revenue as well as about Rs 350 crore annually for LAD.
iii. The Cabinet also approved for the state government’s power sector revenue to be invested in government bonds for Arunachal Pradesh’s development.
iv. The cabinet also approved the proposal for renewal of MoA and support to 4 events: Arunachal Got Talent, Arunachal Idol, Miss Arunachal and Mr Arunachal, for another 3 years as annual calendar events with effect from the financial year 2023-24.
v. The cabinet further decided to increase the grant in aid for the above events from the existing Rs 40 lakh to Rs 80 lakhs respectively.
About Arunachal Pradesh:
Chief Minister- Pema Khandu
Governor- Lt Gen (Retd) Kaiwalya Trivikram Parnaik
Wild Life Sanctuary- Dibang Wildlife Sanctuary; Pakke Wildlife Sanctuary
Tiger Reserves- Namdapha Tiger Reserve; Pakhui Tiger Reserve


List of Current Governors in India – February 2023

List of Current Chief Ministers in India – February 2023


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S.noCurrent Affairs 31 March 2023
1MoD signs 3 Defence Contracts worth ∼Rs 5,400cr for Indian Army & Indian Navy
2MeitY approves setting up of Electronics Manufacturing Cluster at Dharwad in Karnataka
3PM Narendra Modi Inaugurates 13.7km Whitefield-KR Pura Metro Line in Bengaluru
4Arton Capital’s Passport Index 2023: India Ranked 144 with Mobility Score 70; UAE Ranks 1st
5WHO Certifies Azerbaijan and Tajikistan as Malaria-Free Countries
6SEBI postponed freezing MF Folios without Nomination to Sept 30, 2023; Introduces Framework for Scheme of Arrangement by Unlisted MIIs
7WB Approves USD 100 Million Loan to Odisha to Enhance Social Protection & Disaster Resilience
8DFS gave Rs 8,800 cr capital to SBI without the Bank asking for it in FY18: CAG Report
9GTRI Report: India’s Merchandise Imports to Exceed USD 710 Billion in FY23
10NTPC, Ceylon Electricity Board Jointly Agreed to Build Solar Power Plant in Sri Lanka
11Mumbai Ranks among world’s tree-rich cities 2022
12Chameli Devi Jain Award 2022: Journalist Dhanya Rajendran received for ‘Outstanding Woman Mediaperson 2022’
13Humza Yousaf sworn in as Scotland’s First Minister; Scotland’s 1st Muslim Leader
14SpiceJet CMD Ajay Singh takes over as ASSOCHAM President
15ISSF Rifle/Pistol World Cup 2023 in Bhopal: India Finished 2nd with 7 medals, India’s Sarabjot Singh won Gold
16UN’s First International Day of Zero Waste – 30th March 2023
17Union Home Minister Amit Shah attends 84th Raising Day of CRPF in Chhattisgarh
18Himachal Pradesh Assembly Passed Rs 56,683 Crore Budget for FY24
19Arunachal Pradesh to sign MoA with CPSUs to set up 5 Hydropower Plants