19-11-21 Daily-Punjab-PPSC Current Affairs

Punjab Affairs

Acceding to the demand of BKU (Ugrahan), Punjab Chief Minister Charanjit Singh Channi has enhanced the amount of compensation from Rs 13,200 to Rs 18,700 per acre including 10% relief to the farm labourers in lieu of the damage caused to the cotton crop due to pink bollworm pest attack.

Channi had announced to enhance the existing amount of compensation from Rs 12,000 to Rs 17,000 per acre to the growers in the Malwa belt of Southern Punjab. He also announced 10% relief to the cotton pickers over and above the aforesaid norms of compensation. Resultantly, the farm labourers/cotton pickers would now also get enhanced compensation of Rs 1,700 per acre from the earlier Rs 1,200 per acre.

Meanwhile, the Chief Minister also pointed out that the enhanced amount of Rs 5,000 per acre as relief would be soon paid by the State Government to the farmers besides 10% of this amount would be paid to the farm labourers.

Thanking the Chief Minister, BKU Ugrahan Chief Joginder Singh Ugrahan who called on the former in this regard said this much needed relief to the farmers and labourers would immensely help them to overcome the financial loss suffered by them on this count.

National and International Affairs

The First Ligo Project In India Has Been Granted Land

The Hingoli income division has given the Laser Interferometer Gravitational-Wave Observatory (LIGO) project 225 hectares of land in Maharashtra.

Highlights:

The land was given to the country in order to organise primary facilities.

In the United States, just two such labs exist: Hanford in Washington and Livingston in Louisiana. Gravitational waves are studied at these labs.

This initiative will provide scientists and engineers more for Learning more about gravitational waves.

In 2016, the LIGO-India mega scientific plan for analysing gravity waves received “in principle” permission from the Indian government.

LIGO is a huge observatory designed to detect and experiment with cosmic gravitational waves. Its primary goal is to exploit gravitational-wave data in astronomy research.

The LIGO India project was suggested with the goal of relocating one of the most sophisticated LIGO detectors from Hanford to India.

The Department of Science and Technology (DST) and the Department of Atomic Energy are piloting this initiative (DAE).

Foreign Exchange Reserves Decline By USD 763 Million to USD 640.112 Billion

The Reserve Bank Of India (RBI) has provided updated data on Foreign Exchange reserves. The country’s foreign exchange reserves fell by $ 763 million to $ 640.112 billion in the week ending November 12, according to new figures.

Highlights:

In the week ending November 5, foreign exchange reserves fell by USD 1.145 billion to USD 640.874 billion. Reserves, on the other hand, hit a new high of USD 642.453 billion in the week ending September 3, 2021.

The Reserve Bank of India’s (RBI) weekly data shows that the reduction in forex reserves this reporting week was due to a drop in foreign currency assets (FCA), a major component of overall reserves. FCA fell $2.094 billion to $575.487 billion in the reporting week, according to the data.

Foreign currency assets comprise the effect of appreciation or depreciation of non-US units held in foreign exchange reserves, such as the euro, pound, and yen, expressed in dollar terms. In the reporting week, gold reserves increased by $ 1.461 billion to $ 40.239 billion.

World Toilet Day Is Commemorated On 19 November

On November 19, 2021, World Toilet Day will be recognised as an official United Nations international day all over the world.

Highlights:

Global Report On Trends In Prevalence Of Tobacco Use 20002025

The World Health Organization (WHO) has released the fourth edition of its Global Report on Tobacco Use Trends 2000-2025.

Highlights:

According to the research, the South-East Asia region had the fastest reduction in cigarette consumption. In 2020, the Average prevalence of smoking among males will be 25%, down from 50% in 2000.

Tobacco smoking among Women in the South-East Region has declined from 8.9% in 2000 to 1.6 percent in 2020.

In order to fulfil the Global NCD action goal plan by 2025, India and Nepal are anticipated to achieve a 30 percent relative decrease in tobacco usage.

According to the WHO research, if present tobacco control efforts continue, smoking rates in this region might drop to as low as 11% by 2025.

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