1. Rajasthan Housing Board got National Award for Real Estate
Tags: Awards National News
On April 26, 2023, the National Real Estate Award was presented to the Rajasthan Housing Board by the Central Government Agency National Real Estate Development Council (NAREDCO).
An overview of the news
National Real Estate Development Council National President Rajan Bandelkar and RERA Delhi Chairman Anand Kumarpresented the award to Rajasthan Housing Commissioner Pawan Arora at a national level function.
The Rajasthan Housing Board was honored with the award for registering the maximum number of housing projects in the country under RERA, selling the maximum number of houses and doing excellent work in the field of real estate.
Earlier in the function, Rajasthan Housing Commissioner was specially invited for a panel discussion on the topic 'Real Estate in the Era of RERA'. He was also honored on this platform.
Rajasthan Housing Board has become the biggest organization to register 101 project RERA numbers.
Under the leadership of Housing Commissioner Pawan Arora, the board has received a total of 15 awards in the last four years.
These include World Book of Records in house sales, Scotch Award-2021, Award of Excellence, Honor by National Real Estate Development Council, National Housing Award, I.B.C. and prestigious awards like 'Star of Governance-Gold Award'.
2. National Panchayati Raj Day: 24 April
Tags: Important Days
Panchayati Raj Day is celebrated every year on 24th April to commemorate the enactment of the 73rd Amendment Act, 1992 of the Constitution in the year 1993.
An Overview of the News
The day is celebrated to acknowledge national local self-governance and democratic decentralisation.
The theme of National Panchayati Raj Day 2023 is 'Sustainable Panchayat: Building Healthy, Water Sufficient, Clean & Green Villages.'
The Ministry of Panchayati Raj is the nodal ministry responsible for empowering, enabling and ensuring accountability of Panchayati Raj Institutions for achieving inclusive growth with social justice and efficient service delivery.
Prime Minister Narendra Modi attended the National Panchayati Raj Day celebrations in Madhya Pradesh and laid the foundation stone and inaugurated projects worth over Rs 17,000 crore.
He virtually attended the house warming ceremony of 4.11 lakh beneficiaries of Pradhan Mantri Awas Yojana and launched the integrated e-Gram Swaraj and GeM portal for public procurement at the panchayat level.
He launched the campaign "Joint steps towards development" for inclusive development.
He laid the foundation stone and inaugurated various railway projects worth about Rs 2,300 crore and 5 projects of Jal Jeevan Mission worth about Rs 7,853 crore.
About Madhya Pradesh
It is the second largest state of India by area after Rajasthan.
Forests occupy 25.14 percent of its area.
Governor - Mangubhai Patel
Chief Minister - Shivraj Singh Chouhan
Capital - Bhopal
3. 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
4. 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.
5. 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.
6. 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.
7. 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
8. 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.
9. 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.
10. 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.
