Chhattisgarh Affairs
Cgarh pioneers solar pump installation
Chhattisgarh has become a pioneer state in installation of solar pump installation, beating major developed states across the country.
Under Saur Sujala Yojana, water supply arrangements for Irrigation have been made for more than one lakh farmers of Chhattisgarh.
Chief Minister Bhupesh Baghel on Wednesday felicitated the 100,000th beneficiary of this scheme, Surendra Nag, at the Republic Day function held in Jagdalpur.
CREDA had installed the 100,000th solar pump on the agricultural land of Nag in Bastar district under Saur Sujala Yojana. Baghel underlined the success of the scheme by presenting a cutout of the solar pump to Nag.
CREDA is operating Saur Sujala Yojana to enhance the irrigation capacity and to expand the irrigated farming area in the non-electrified areas of the state.
Solar pumps of three and five horse-power capacity are being installed in the agricultural farms.
Besides, solar pumps are also being installed in Gauthans, pastures and registered cowsheds under the ambitious Narva, Garva, Ghurva, Bari programme.
Around 100,000 hectares of agricultural land is being irrigated by solar pumps under the scheme in the state.
Installation of solar pumps has not only increased the agricultural production, but has also improved the ground water table in the state. This scheme is helping in strengthening the rural economy and in raising people’s standard of living.
National and International Affairs
Electronic Goods India’s Exports
In December 2021, India’s electronic goods exports totaled USD 1.67 billion. It increased by 33.99 percent compared to December 2020 exports of USD 1.25 billion.
Highlights:
From April to December 2021, the electronic sector’s exports increased by 49 percent, reaching USD 11.0 billion, up from USD 7.4 billion in 2020.
Exports of Electronic Goods increased by 26% and 131 percent, respectively, from USD 8.8 billion in April-December 2019 to USD 4.8 billion in April-December 2014.
Mobile phones account for a significant portion of India’s electronic goods exports.
IT Hardware, such as laptops and tablets; Industrial electronics; Consumer electronics, such as TVs and audio; LED Lighting; Strategic electronics, Auto electronics, electronic components, Telecom equipment, wearables, and audio devices; and Strategic electronics, Auto electronics, electronic components, Telecom equipment, wearables, and audio devices.
Google To Invest $1 Billion In Airtel
Bharti Airtel and Google have launched long-term cooperation to help India’s digital ecosystem grow faster.
Highlights:
Bharti Airtel and Google have launched long-term cooperation to help India’s digital ecosystem grow faster.
Google would spend $1 billion in Airtel as part of the agreement. Google would invest USD 700 million to acquire a 1.28 percent interest in Bharti Airtel Ltd.
The remaining USD 300 million will be used to fund multi-year commercial agreements with Airtel, including products developed in collaboration between the two tech giants.
Global Private Banking Awards 2021
HDFC Bank is voted Best Private Bank in India at the Global Private Banking Awards 2021.
Highlights:
At the ‘Global Private Banking Awards 2021,’ organized by Professional Wealth Management (PWM) in a virtual ceremony, HDFC Bank was voted the ‘Best Private Bank’ in India.
The Financial Times Group publishes PWM, a wealth management magazine. The prize was presented to assist in accelerating significant trends, such as digitization, Communication, and in ESG initiatives (environmental, social, and Governance).
PWM received over 120 submissions for the Global Private Banking Awards 2021, of which 16 judges judged from four continents.
World Gold Council: Gold Demand Trends 2021
According to the World Gold Council, global gold demand jumps 10% to 4,021 tonnes.
Highlights:
According to the World Gold Council’s (WGC) publication ‘Gold Demand Trends 2021,’ worldwide gold demand increased 10% to 4,021.3 tonnes in 2021.
Overall gold demand in 2020 was 3,658.8 tonnes, which was impacted by the Covid-19-related interruptions.
The demand for gold was driven mainly by central bank purchases in the fourth quarter of 2021 and a rebound in jewelry purchasing, primarily in India and China.
On the back of improved consumer optimism and pent-up demand following the Covid-19-related disruptions, India’s gold consumption increased to 797.3 tonnes in 2021. The optimistic trend is expected to continue this year.
Nodirbek Abdusattorov: World Rapid Chess Champion 2021
The World Rapid Chess Championship 2021 was won by Nodirbek Abdusattorov.
Highlights:
Nodirbek Abdusattorov (Uzbekistan) defeated Ian Nepomniachtchi (Russia) in a tiebreaker to win the World Rapid Chess Championship 2021 and dethrone Magnus Carlsen, the current World Number 1.
Magnus Carlsen won the FIDE Championship in 2020. Nodirbek took Home the title and a $60,000 prize after losing only one match to Ukrainian Anton Korobov and tying in five others.
The Mard Uglon (“Brave Son”) Presidential medal was presented to the Uzbeki Grand Master (GM).