1. Green national highway corridor project to be implemented in four states
Tags: Government Schemes National News
India and the World Bank have signed aloan agreement for the construction of the Green National Highway Corridors Project (GNHCP) in four States.
An overview of the news
These four states are-Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh.
Agreement has been signed for construction of 781 kilometer green national highway corridor in these states with a line of credit of $500 million.
Road Transport and Highways Minister Nitin Gadkari gave this information in a written reply to a question in the Rajya Sabha on March 15.
About Green National Highways Corridor Project
It will assist the Ministry of Road Transport and Highways (MoRTH) to construct 781 km of highways.
It will integrate safe and green technology designs such as local and marginal materials, industrial by-products and other bioengineering solutions.
It will also support the Bharatmala Pariyojana programme.
Components of the project
Sustainable development and maintenance of National Highways.
Institutional Capacity Enhancement and Road Safety.
Research and Development.
Objective of GNHCP
To demonstrate safe and green highways keeping in mind climate resilience and use of green technologies by incorporating provisions for conservation of natural resources, use of cement-treated reclaimed asphalt pavement.
Use of local/marginal materials such as lime, fly ash, waste plastic, bio-engineering measures such as hydroseeding, coco/jute fibre, etc.
It will enhance the capacity of the Ministry to mainstream green technologies.
2. Denmark becomes the first country in the world to import CO2 and store it under the sea
Tags: International News
Denmark has launched a project to store carbon dioxide 1,800 metres below the North Sea, making it the first country in the world to bury CO2 imported from another country.
News Overview
CO2 burial project, where carbon is injected into the site of an old oil field to prevent further warming of the atmosphere.
The project is called "Greensand" and is being led by British chemical Giant Ineos and German oil company Wintershall Dia.
The project aims to store eight million tonnes of CO2 per year by 2030.
The North Sea was chosen for the project because it already has pipelines and potential storage sites due to decades of oil and gas production.
According to the European Environment Agency (EEA), EU member states released 3.7 billion tonnes of greenhouse gases in 2020 alone.
About Denmark
Capital - Copenhagen
Prime Minister - Mette Frederiksen
Official name - Kingdom of Denmark
Official language - Danish
Currency - Krone
Form of Government - constitutional monarchy
3. India world's largest arms importer: SIPRI report 2023
Tags: Reports International News
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According to the Stockholm International Peace Research Institute's (SIPRI) 2023 report, India will become the world's leading arms importer in 2022.
News Overview
According to this report, between the years 2013-17 and 2018-22, India's arms imports have decreased by 11 percent.
According to the report's findings, over the past five years, the US had the world's largest military expenditure, accounting for 40% of the global share, followed by Russia (16%), and France (11%).
About SIPRI
The Stockholm International Peace Research Institute (SIPRI) is a global non-profit research institute.
SIPRI focuses on resolving conflicts, controlling arms and promoting disarmament.
The institute provides data, analysis and advice regarding armed conflicts, military expenditure and the arms trade.
Establishment - 6 May 1966
Founders - Tage Erlander, Alva Myrdal
Chairman - Stefan Lofven
Director - Dan Smith
Headquarter - Solna
4. Tim Mayopoulos has been appointed CEO of Silicon Valley Bank by the FDIC
Tags: Person in news International News
Tim Mayopoulos, the former CEO of Fannie Mae, has been selected by the Federal Deposit Insurance Corporation (FDIC) as the CEO of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group.
News Overview
Prior to joining StartupBlend, Mayopoulos was CEO of mortgage financier Fannie Mae for more than six years.
About Silicon Valley Bank
Establishment - 1983
Founder -Roger V Smith
President - Gregory W. Baker
Headquarters - Santa Clara, California (United States)
About the Federal Deposit Insurance Corporation (FDIC)
Formed -1933
Jurisdiction - United States federal government
Founder - Franklin D. Roosevelt
Headquarters - Washington, D.C. (United States)
5. Atal Innovation Mission launches ATL Sarthi to strengthen ecosystem of Atal Tinkering Labs
Tags: National National News
Atal Innovation Mission - NITI Aayog on 14 March launched 'ATL Sarthi', a comprehensive self-monitoring framework to strengthen the ecosystem of Atal Tinkering Labs (ATL).
An overview of the news
Atal Innovation Mission is setting up Atal Tinkering Labs in schools across the country to foster curiosity, creativity and imagination in young minds.
Atal Tinkering Labs Sarathi will act as a charioteer and enable Atal Tinkering Labs to be efficient and effective.
ATL Sarthi will provide a monitoring and evaluation framework to enhance the performance of Atal Tinkering Labs.
Atal Innovation Mission (AIM)
This is an important initiative taken by the Government of India to promote the culture of innovation and entrepreneurship in the country.
Objective of AIM
Developing new programs and policies to promote innovation in various sectors of the economy.
Providing forums and opportunities for collaboration for various stakeholders.
To create an umbrella structure to create awareness and monitor the innovation ecosystem of the country.
Mission Director AIM - Dr Chintan Vaishnav
Atal Tinkering Labs
The Atal Innovation Mission has set up Atal Tinkering Laboratories (ATL) in schools across India.
The scheme aims to foster curiosity, creativity and imagination in young minds.
It develops skills like design mindset, computational thinking, adaptive learning, physical computing etc.
6. Atal Innovation Mission launches ATL Sarthi to strengthen ecosystem of Atal Tinkering Labs
Tags: National National News
Atal Innovation Mission - NITI Aayog on 14 March launched 'ATL Sarthi', a comprehensive self-monitoring framework to strengthen the ecosystem of Atal Tinkering Labs (ATL).
An overview of the news
Atal Innovation Mission is setting up Atal Tinkering Labs in schools across the country to foster curiosity, creativity and imagination in young minds.
Atal Tinkering Labs Sarathi will act as a charioteer and enable Atal Tinkering Labs to be efficient and effective.
ATL Sarthi will provide a monitoring and evaluation framework to enhance the performance of Atal Tinkering Labs.
Atal Innovation Mission (AIM)
This is an important initiative taken by the Government of India to promote the culture of innovation and entrepreneurship in the country.
Objective of AIM
Developing new programs and policies to promote innovation in various sectors of the economy.
Providing forums and opportunities for collaboration for various stakeholders.
To create an umbrella structure to create awareness and monitor the innovation ecosystem of the country.
Mission Director AIM - Dr Chintan Vaishnav
Atal Tinkering Labs
The Atal Innovation Mission has set up Atal Tinkering Laboratories (ATL) in schools across India.
The scheme aims to foster curiosity, creativity and imagination in young minds.
It develops skills like design mindset, computational thinking, adaptive learning, physical computing etc.
7. Union Minister Anurag Thakur inaugurates 16th meeting of SCO Youth Council
Tags: Summits National News
The 16th meeting of the Shanghai Cooperation Organisation (SCO) Youth Council was held in hybrid mode in New Delhi on 14 March, under the chairship of India.
An overview of the news
Youth Affairs and Sports Minister Anurag Singh Thakur inaugurated the meeting of the SCO Youth Council.
The meeting was chaired by Nitesh Kumar Mishra, Joint Secretary, Department of Youth Affairs, Government of India.
In the meeting, SCO member states shared information on the activities of the SCO Youth Council in 2022-2023.
The report of the SCO Youth Conference held on March 13, 2023 in virtual mode on the theme "Effective Community Development Activities" was delivered to all SCO member states.
The Protocol was signed on March 14, 2023 in New Delhi in eight copies in the Russian and Chinese languages.
Shanghai Cooperation Organization (SCO)
It is a permanent intergovernmental international organization.
It was founded in 2001.
The SCO Charter was signed in 2002, and came into force in 2003.
It is a Eurasian political, economic and military organization.
Its aim is to maintain peace, security and stability in the region.
China, Russia and four Central Asian states – Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan – were founding members of the SCO.
Its members include China, Russia, India and Pakistan, as well as 4 Central Asian countries - Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan.
Official Languages - Russian and Chinese
Chairmanship - On the basis of rotation for a year by Member States
8. Second G20 Sustainable Financial Working Group (SFWG) meeting to be held in Udaipur
Tags: Summits National News
The Second G20 Sustainable Financial Working Group (SFWG) meeting will be held at Udaipur in Rajasthan from 21 to 23 March.
An overview of the news
The purpose of the meeting is to mobilize sustainable finance to help ensure global growth and stability.
Around 150 delegates from G20 member states, guest countries and various international organizations will participate in the meeting.
Cultural programs and sightseeing tours will also be organized for the guests during the event.
The G20 focuses on promoting international economic cooperation and addressing key economic challenges faced by its member states, including issues related to finance, trade, and global economic development.
The first meeting of the Sustainable Finance Working Group under G20 was organised in Guwahati on 3 February 2023.
9. Second Education Working Group meeting of G20 countries begin in Amritsar
Tags: Summits National News
The Ministry of Education is hosting the second Education Working Group meeting on March 15 in Amritsar, Punjab.
An overview of the news
28 G20 member countries, guest countries and invited organizations (OECD, UNESCO and UNICEF) are participating in the three-day event, which includes seminars, exhibitions and working group meetings.
A seminar on 'Strengthening research and promoting innovation through rich collaborations' will be organized by IIT Ropar in collaboration with IISc Bengaluru, IIM Amritsar and TISS Mumbai at Khalsa College.
The seminar will begin with a presentation by IISc Bengaluru on 'Research Initiatives in G20 Countries'.
The first meeting of G20 Education Working Group (G20 EWG) 2023 was held in Chennai on 1st and 2nd February.
Deliberation on the four priority areas
Ensuring Foundational Literacy and Numeracy especially in the context of blended learning.
Making Tech-enabled learning more inclusive, qualitative and collaborative at every level.
Building Capacities, promoting Life-long Learning in the context of Future of Work.
Strengthening Research, promoting Innovation through richer collaboration and partnerships.
10. India and Sweden sign a MoC to strengthen cooperation & promote research networking
Tags: International News
A Memorandum of Cooperation (MoC) was signed between India and Sweden to strengthen cooperation and promote research networking between research institutions from both countries.
News Overview
The MoC was signed by Dr. Akhilesh Gupta, Secretary, SERB and Dr. Andreas Gothenburg, Executive Director, STINT.
Its main objective is to promote opportunities for money mobility in both the countries.
The MoC aims to encourage academic collaboration through organising various mobility activities, such as exchange programmes, seminars, workshops and conferences.
About Science and Engineering Research Board (SERB)
Establishment -2009
Secretary - Dr. Akhilesh Gupta
Headquarters - New Delhi
About Sweden
Prime Minister - Mr. Ulf Christerson
Capital - Stockholm
Official language - Swedish
Currency - Swedish Krona
