08-06-23 Daily-Punjab-PPSC Current Affairs

Rajya Sabha Member of Parliament Vikramjit Singh Sahney has announced the creation of an Education fund with an opening contribution of 100,000 to support students from Punjab enrolled for higher studies at the universities of Oxford and Cambridge.

Sahney, who was in London for an event organised by Sikh Forum International on Monday, said the fund would be coordinated by the World Punjabi Organisation in the UK under the chairmanship of the Indian High Commissioner to the UK, Vikram Doraiswami.

Individual farmers, groups of farmers, cooperatives, panchayats, Farmer Producer Organizations (FPOs), and Water User Associations (WUAs) can set up solar power Plants with capacities ranging from 500 kW to 2 MW.

In the financial year 2022-23 alone,total finished Steel Production was 122.28 MT which is a increase of 49 % as compared to 81.86 MT in financial year 2014-15.

Under the PLI(Productive linked Incentive) scheme, the Government has approved Rs. 6322 crores to give a new impetus to the Steel sector. Shri Scindia said that the PLI scheme is expected to generate an of about Rs. 30,000 Crores and additional capacity creation of about 25 Million Tonnes of specialty steel in the next 5 years.

In recent events, theNova Kakhovka Damin Ukraine has suffered a catastrophic blow, leading to concerns of devastating flooding. Ukraines military command has accused Russia of causing the explosion, given the Dams strategic significance.

The Nova Kakhovka Dam is situated on theDnipro Riverin southern Ukraine. Constructed in 1956 as part of the Kakhovka hydroelectric power plant, it holds back a massive reservoir of water, estimated to contain 18 cubic kilometers, similar in volume to Utahs Great Salt Lake. The dams destruction would have severe repercussions locally and affect Ukraines broader war effort.

This follows a 0.5 percent decline in the previous quarter, making it the largest economy in Europe to experience a downturn.