1. Telangana Governor approves three bills passed by the state government
Tags: State News
Telangana Governor Dr. Tamilisai Soundararajan has given her assent to three bills passed by the state government.
An Overview of the News
The bills passed by the governor are the Telangana Motor Vehicles Taxation (Amendment) Bill, 2022, the Professor Jayashankar Telangana State Agricultural University (Amendment) Bill, 2023 and the Telangana Municipal Laws (Amendment) Bill, 2022.
The Telangana Motor Vehicles Taxation (Amendment) Bill, 2022 aims to amend the current tax structure for motor vehicles in the state.
Professor Jayashankar Telangana State Agricultural University (Amendment) Bill, 2023 seeks to amend the existing provisions relating to the governance structure of the university.
The Telangana Municipal Laws (Amendment) Bill, 2022 aims to amend the existing laws relating to municipal corporations and municipalities in the state.
About Telangana
Telangana is a state located in the southern region of India, with Hyderabad as its capital.
One of the most iconic landmarks in Hyderabad is the Charminar, a 16th-century mosque with four arches and four towering minarets. It is located in the heart of the city, overlooking Lad Bazaar.
Chief Minister - K Chandrasekhar Rao
Governor - Tamilisai Soundararajan
Official Animal - Chital
Official Bird - Indian Roller
Official flower - Senna auriculata
Official Song - Jaya Jaya Hey Telangana
2. Ministry of Electronics & IT organized 35th CISO Deep Dive Training Program
Tags: National News
The event is being organized by the National e-Governance Division under its Capacity Building Scheme of the Ministry of Electronics & IT, with 22 participants from Central Ministries and States/UTs.
An Overview of the News:
- It is being organized at the 35th Chief Information Security Officers (CSIO) Intensive Training Program at the School of Planning and Architecture in Vijayawada, Andhra Pradesh from April 10-14, 2023.
Objective:
- To spread awareness about cyber-crime and ensure adequate security measures to tackle the growing menace.
- For this, the Cyber Secure India programme, an initiative of the Ministry of Electronics and IT with the mission of building the capacity of CISOs and frontline IT officers in all government departments, was envisaged.
5-Day Intensive Training for CISOs:
- A 5-day intensive training program has been designed for CISOs of Public Sector Banks and Insurance Companies, technical wings of police and security forces, CTOs and members of technical/PMU teams, subordinate agencies/PSUs.
- The objective of this training is to educate and enable CISOs in particular to understand cyber attacks comprehensively and thoroughly, gain necessary hands-on experience about the latest technologies in security and create an empowered e-commerce ecosystem for individual organizations and citizens at large. To deliver the benefits of infrastructure.
- Launched in the year 2018, CISO Training is a first of its kind partnership between the government and an industry association under the Public Private Partnership (PPP) model.
3. Two-day Science-20 conference begins at Hapania International Fair Ground, Agartala
Tags: Festivals
The Science-20 Summit under India's G20 chairmanship began today at the Hapania International Fair Grounds in Agartala, Tripura. The conference will run for two days and more than 60 delegates are participating in it.
An Overview of the News
The theme of the science conference is 'Clean Energy for a Green Future' and it is a part of the G20 meetings.
The conference will discuss three sub-themes, including green hydrogen, ocean-based technologies and new generation energy storage.
About the G20
It is an international forum for economic cooperation that plays an important role in shaping global governance on major economic issues.
India will chair the G20 from December 2022 to November 2023.
The G20 was established in 1999 after the Asian financial crisis as a forum for finance ministers and central bank governors.
In 2008, the G20 was upgraded to the level of heads of state/government in response to the global financial crisis.
The G20 focuses on a wide range of topics, including trade, sustainable development, health, agriculture, energy, the environment, climate change and anti-corruption.
The G20 consists of 19 countries and the European Union, representing approximately 85% of global GDP, more than 75% of global trade, and nearly two-thirds of the world's population.
4. Dilma Rousseff appointed as new President of BRICS New Development Bank
Tags: Person in news International News
Former Brazilian President Dilma Rousseff has been elected as the new President of the New Development Bank (NDB), also known as the BRICS Bank.
An Overview of the News
She replaced Marcus Troyjo as the President of NDB.
Rousseff is an economist who served as the President of Brazil for two consecutive terms from January 2011 to August 2016.
During her presidency, Rousseff prioritised social policies, including poverty reduction and increased access to education and healthcare.
The NDB has so far approved $23 billion in loans for projects including renewable energy and transportation infrastructure in its member countries.
About New Development Bank (NDB)
It is a multilateral development bank established in 2014 by the BRICS countries - Brazil, Russia, India, China and South Africa.
It was created with the aim of mobilising resources for infrastructure and sustainable development projects in emerging economies.
It is headquartered in Shanghai, China and has regional offices in Johannesburg, South Africa and São Paulo, Brazil.
Its authorised capital is $100 billion, with each founding member contributing $10 billion.
Its main focus is on financing infrastructure projects including energy, transport and water supply.
It operates on the principle of "co-ownership, governance and shared benefit", which means that member states have equal representation and decision-making power.
It is seen as an alternative to established financial institutions such as the World Bank and the International Monetary Fund, which are dominated by Western countries.
5. Cabinet approves listing of IREDA on Stock Exchanges
Tags: Economy/Finance National News
The Union Government on 18 March approved the listing of the Indian Renewable Energy Development Agency (IREDA) on the stock exchanges.
An overview of the news
The Cabinet Committee on Economic Affairs (CCEA) decided to approve an Initial Public Offer (IPO) by way of partial sale of the government's stake in CPSEs to raise funds by issuing fresh equity shares.
The Department of Investment and Public Asset Management (DIPAM) will carry out the listing process.
Earlier in the year 2017 also IREDA was given approval to bring IPO.
According to the government, in March 2022, it was decided to invest Rs 1500 crore in IREDA.
This has changed the capital structure of the company, due to which it has become necessary to bring an IPO.
Significance of the move
The approval will help the IPO unlock the value of the government's investment and provide an opportunity to the public to own a stake in national assets and earn from it.
This will help IREDA to raise a part of its capital requirement for carrying out development plans without depending on the exchequer.
The move will improve governance through greater market discipline and transparency arising out of listing requirements and disclosures.
Indian Renewable Energy Development Agency (IREDA)
It was incorporated as a Public Limited Company in the year 1987 as a 'Non-Banking Financial Institution'.
It is a Miniratna (Category 1) type company functioning under the administrative control of 'Ministry of New and Renewable Energy, Government of India.
Its function is to encourage projects related to new and renewable energy sources and to provide them financial assistance for their development.
It has been notified as a 'Public Financial Institution' under section 4'A' of the 'Companies Act, 1956'.
Chairman and Managing Director - Pradip Kumar Das
6. K Krithivasan appointed CEO Designate of Tata Consultancy Services (TCS)
Tags: Person in news
Kriti Krithivasan has been appointed as the CEO of the country's largest IT services firm Tata Consultancy Services (TCS) after the current CEO and MD Rajesh Gopinathan stepped down on March 16.
An overview of the news
Prior to this, Krithivasan was the global head and president of TCS's banking, financial services and insurance businesses.
His responsibility is to create a growth strategy for the company, improve financial performance, customer mindshare and strengthen the company's position in the market.
He has helped the company's key clients drive digital transformation, change management cycles, drive cost optimization and establish IT program governance.
K Krithivasan joined TCS in 1989. He has held various positions in the company in delivery, sales and various top management positions in his career.
He holds a bachelor's degree in Mechanical Engineering from theUniversity of Madras and a master's degree in Industrial and Management Engineering from IIT Kanpur.
Tata Consultancy Services Ltd (TCS), a subsidiary of Tata Sons Pvt Ltd, is a provider of information technology (IT) services.
7. First meeting of Supreme Audit Institution (SAI20) begins
Tags: Summits National News
The 1st Supreme Audit Institution 20 (SAI20) Senior Officers' Meeting (SOM) began on 13 March 2023 in Guwahati, Assam.
Overview of the News
The themes of this meeting are 'Blue Economy' and 'Responsible Artificial Intelligence'.
SAI20 aims to bring together an ecosystem wherein SAIs are active participants in governance, promoting transparency and accountability.
The SAI-20 meeting will be chaired by the Comptroller and Auditor General of India, Girish Chandra Murmu and also attended by senior representatives of equivalent institutions from G-20 countries.
Around 44 delegates from G-20 member countries, guest countries and other international organisations participated in the SAI-20 event.
Countries like Australia, Brazil, Egypt, Indonesia, Oman, Republic of Korea, Russia, Saudi Arabia, Turkey and UAE participated individually.
The SAI-20 meeting will conclude on March 15.
8. Second Business-20 program organised in Aizawl between March 1-3
Tags: Summits
Aizawl is hosting the second of the four Business-20 (B20) India events scheduled in the Northeast from March 1-3, 2023.
An Overview of the news:
B20 is the official G20 dialogue forum for the global business community.
As one of the G20's most notable cooperation groups, the B20 represents the G20 business community and consolidates the views of global business leaders on global economic and trade governance.
The B20 provides concrete policy suggestions to each rotating presidency to promote economic growth and development.
During the B20 summit, the B20 sends its final recommendations to the G20 Presidency.
The B20 event, scheduled from March 1-3, 2023, will highlight the opportunities for multilateral business partnerships that state delegations can present in urban planning, infrastructure, bamboo, startups, skill development, nursing and paramedics.
Around 500 participants comprising ministers, senior government officials, diplomats and representatives of the business community will participate in the event.
On March 3, the last day of the summit, Chapchar Kut, a spring festival of Mizoram, will be performed before the delegations at AR Ground to conclude the B20 summit in Aizawl.
9. 'Khanan Prahari' Mobile app to Curb Illegal Mining launched
Tags: National National News
The government on 13 February launched a mobile app namely ‘Khanan Prahari’ and a web app Coal Mine Surveillance and Management System (CMSMS).
An overview of the news
It has been launched to report unauthorised coal mining activities so that monitoring and appropriate action can be taken by the concerned law and order enforcing authority.
CMSMS Application
CMSMS has been developed to take transparent action to curb illegal mining and use of space technology as an e-governance initiative of Government of India.
Objective of CMSMS Application
To ascertain the participation of citizens against illegal mining by receipt of complaints of citizens through Mobile App Khanan Prahari
Monitoring and taking action on any illegal coal mining activity being carried out within the leasehold limits.
''Khanan Prahari' Mobile App
It is a mobile app of the Ministry of Coal to report illegal coal mining.
It is a tool for geo-tagged photographs of any illegal coal mining incident as well as information to any citizen from the location of the incident.'
10. Union Minister Giriraj Singh inaugurates Mission Antyodaya Survey 2022-23
Tags: National National News
Rural Development and Panchayati Raj Minister Giriraj Singh inaugurated the Mission Antyodaya Survey (MAS) 2022-23 in New Delhi on 9 February.
An overview of the news
The Rural Development Department is conducting the Mission Antyodaya survey in all the Gram Panchayats of the country from 2017-18.
Survey will be done in all the 2,69,253 Gram Panchayats whose profiles have been created on e-Gram Swaraj.
Objectives of Mission Antyodaya Survey 2022-23
Through the convergence of various schemes, the outcomes for the lives and livelihood of the people are to be realised.
Support a participatory planning process for Gram Panchayat Development Planning that will improve service delivery, increase citizenship and improve governance at the local level.
To conduct an annual survey at the Gram Panchayat level to monitor the progress of the development process in rural areas.
Preparation of Panchayat wise ranking and gap report on the basis of data collected through survey at Gram Panchayat level.
About ‘Mission Antyodaya’
It was initiated in the Union Budget 2017-18.
It has been brought with the objective of optimum utilisation and management of the resources allocated by 27 Ministries/Departments of the Government of India under various programs for the development of rural areas.
Gram Panchayats have been kept at its focal point.
The Ministry of Panchayati Raj and the Ministry of Rural Development are its nodal agencies.
It aims to eradicate poverty in various dimensions of rural households.
