UTTARAKHAND
- Gadkari reviews ongoing Namami Gange Projects in U’khand & other States
- The Union Minister for Water Resources, River Development and Ganga Rejuvenation, Shipping, Road Transport and Highways, Nitin Gadkari directed all stakeholders to expedite the execution of the projects and take proactive steps to resolve bottlenecks wherever they exist in implementation of the Namami Gange programme.
- The Minister said this while carrying out an extensive and in depth of each ongoing project under Namami Gange programme in Uttarakhand, Jharkhand, Bihar and West Bengal.
ð It should be mentioned here that in Uttarakhand, 32 sewerage infrastructure projects (STPs) have been sanctioned.
ð These include projects in Haridwar,Munikireti, Tapovan, Rishikesh, Devprayag, Tehri, Uttarkashi, Gangotri, Kirtinagar, Srinagar, Rudraprayag, Karnprayag, Nandprayag, Chamoli-Gopeshwar, Joshimath, Badrinath and Dehradun. Out of these, 15 projects have been completed, 16 are in various stages of progress and one project is under tendering process.
ð It is pertinent to mention here that the National Mission for Clean Ganga has sanctioned over 288 projects on and along the Ganga in the States of Uttarakhand, Uttar Pradesh,Bihar, Jharkhand and West Bengal.
ð The projects include sewage treatment infrastructure, development of ghats and crematoria, afforestation, river surface cleaning and river front development.
INTERNATIONAL
· IATA expects India to be set as third largest aviation market
- Global aviation bodyInternational Air Transport Association (IATA) said that India will be the third largest aviation market globally a year sooner than was earlier predicted. It is now expected to be among the top three countries by 2024. India currently holds the seventh position.
- In its latest 20-year forecast for the aviation industry, IATA said that air passenger numbers worldwide could double to 2 billionin 2037. IATA added that the other south-east Asian countries predicted to grow rapidly include Indonesia, likely to be the fourth largest by 2030 from its current ranking of the 10th largest aviation market. Thailand, too, is expected to enter the top 10 markets in 2030.
- IATA is a trade association of the world’s airlines.
- It consists of 290 airlines, primarily major carriers, representing 117 countries, the IATA’s member airlines account for carrying approximately 82% of total Available Seat Miles air traffic.
· India and Japan signed a currency swap agreement worth USD 75 billion
- India and Japansigned a currency swap agreement worth$75 billion. The agreement happened during Prime Minister Narendra Modi’s visit to Japan. The agreement aimed at a great friendship between the two countries and to further strengthen the economic cooperation.
- It is expected that the swap arrangement should aid in bringing greater stabilityto foreign exchange and capital markets in India.
A currency swap involves the exchange of interest and sometimes of principal in one currency for the same in another currency - Interest payments are exchanged at fixed dates through the life of the contract.
NATIONAL
· A Rs.700 crore project to clean up courts has been proposed under Swachh Nyayalaya
- In the pre-launch function of the ‘Swachh Nyayalaya’ project, a Rs.700-crore project has been proposed to have clean courts, right from the Supreme Court and the High Courts to the 3,388 lower courts.
- Under the project, construction of toiletsfor both male and female lawyers and litigants, a class="youtube-subscribe-container"> Subscribe on YouTube