14-07-21 Daily-Punjab-PPSC Current Affairs

Punjabchief minister Amarinder Singh on Monday evening ordered immediate withdrawal of all power regulatory restrictions that were imposed on industries across the state to meet the power crisis.

An official said the crisis was triggered by a delayed monsoon and an unprecedented surge in demand from both agricultural and domestic sectors.

Reviewing the power situation in the state after the resumption of generation at one of the three non-functional units at Talwandi Sabo Thermal plant, the chief minister directed the Punjab State Power Corporation Limited (Pspcl) to ease off all power regulatory restrictions on industrial consumers across the state with immediate effect. The chief minister was informed that the plant at Talwandi Sabo had resumed 660 MW production, improving the power situation in the state. Two other units of 660MW each at the plant are yet to be made operational.

Punjab has 99,834 small power industrial consumers besides 30,176 medium power consumers upon whom no usage restriction has been levied at all despite rising demand for power across the domestic sector.

The INS Tabar exercise was held with the Italian Navy near Naples, Italy, as part of a continuous deployment to the Mediterranean

Highlights:

The exercise covered a broad range of naval operations, such as air DEFENCE procedures and Communication drills.

The exercise benefited both parties by improving interoperability and consolidating combined operations against maritime threats.

Major Indian Maritime Exercises:

SLINEX – Sri Lanka
Bongosagar and IN-BN CORPAT Bangladesh
JIMEX – Japan
Naseem-Al-Bahr – Oman
Indra – Russia
Zair-Al-Bahr – Qatar
Samudra Shakti – Indonesia
Indo-Thai CORPAT – Thailand
IMCOR – Malaysia
SIMBEX – Singapore
AUSINDEX – Australia
Malabar Exercise – Japan, and the USA

has approved changes to the Central Sector Scheme of financing facility under the <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture Infrastructure Fund’.

Highlights:

State Agencies/APMCs, National and State Federations of Cooperatives, Federations of Farmers Producers Organizations (FPOs), and Federations of Self-Help Groups are now eligible (SHGs).

Currently, the scheme allows for interest subventions on loans of up to Rs. 2 crore in a single location.

If an eligible entity other than a private sector entity (i.e., state agencies, national and state federations of cooperatives, federations of FPOs, and federations of SHGs) establishes projects in multiple locations, all such projects will now be eligible for interest subsidies of up to Rs. 2 crore.

However, a private sector entity will be limited to a maximum of 25 such projects.

For APMCs, an interest subvention of up to Rs. 2 crore will be provided for each project of different infrastructure types, such as cold storage, sorting, grading, and assaying units, silos, and so on, within the same market yard.

The Industrial Land Bank Of India is a GIS-based portal that contains all information related to industrial , such as connectivity, infrastructure, <a href="https://exam.pscnotes.com/natural-Resources“>Natural Resources and topography, plot-level information about open spaces, activity lines, and contact information.

It serves as a one-stop shop for all industrial infrastructure-related data.

It acts as a decision-support system for investors scouting land remotely.

It is currently integrated with Industry-based GIS systems from 17 states, allowing details on the portal to be updated in real time.

The IILB has planned about 4,000 industrial parks on 550,000 hectares of land and is expected to achieve pan-Indian integration by December 2021.

It is administered by the Department of Industry and Internal Trade (DPIIT).

GIFT City (Gujarat International Finance Tec-City), India’s premier international financial centre

Banking and payment systems

Insurance

Capital markets

The Financial Market Dialogue between India and the United Kingdom was conducted virtually.

Highlights: