Daily Current Affairs 25th October 2019 For All Government Examinations

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World Bank inks agreement project to support smallholder farmers in Odisha

The Government of India, Government of Odisha and the World Bank signed a US$165 million loan agreement to support smallholder farmers strengthen the resilience of their production systems as well as diversify and improve the marketing of their produce, for increased income.

The Odisha Integrated Irrigation Project for Climate Resilient Agriculture will be implemented in rural areas vulnerable to droughts and largely dependent on rainfed agriculture.

It will benefit about 125,000 smallholder farmer households from 15 districts of Odisha managing 128,000 ha of agricultural land.

The project will strengthen the resilience of smallholder farmers against adverse climate by improving access to resilient seed varieties and production technologies, diversifying towards more climate-resilient crops, and improving access to better water management and irrigation services.

The loan agreement was signed by Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, on behalf of the Government of India; Surendra Kumar, Principal Secretary, Water Resources Department on behalf of the Government of Odisha; and Mr Junaid Ahmad, Country Director, India on behalf of the World Bank.

Also Read: India signs the Kartarpur Sahib Corridor Agreement with Pakistan

The project will support the rehabilitation of 532 water tanks - expected to irrigate 91,435 ha; promote productivity improvements at the farm level; support farmers to reduce the current emphasis on food grains (especially paddy and wheat) and increase the share of high-value and more nutritious products like fruits and vegetables; and provide marketing support to farmers who are able to generate a marketable surplus......Read More

New Delhi to Host First Global Bio-India 2019 Summit from 21st - 23rd November

Global Bio-India 2019 Summit in New Delhi: For the first time, India is hosting the Global Bio-India 2019 summit, one of the largest biotechnology stakeholders conglomerate, in New Delhi from 21 to 23 November 2019.

The announcement regarding the summit was made by the Union Minister for Science & Technology, Earth Sciences and Health & Family Welfare, Dr. Harsh Vardhan.

Also Read: Regional Labour Conference 2019 held in Bhubaneswar

India for the first time is hosting a mega event for the biotech community to attract investments, showcase our indigenous strengths and more importantly fuel the hopes and aspirations of the indigenous talent pool.

Global Bio-India 2019, Organized by?

The Global Bio-India 2019, organized by the DBT, Ministry of Science & Technology, Government of India along with its Public Sector Undertaking, Biotechnology Industry Research Assistance Council (BIRAC).

Global Bio-India 2019, Participate

The event has been structured to bring together stakeholders from 30 countries, 250 start-ups, 200 exhibitors. Central and State ministries, regulatory bodies, investors, totaling to 3500 participants is anticipated.......Read More

Indian Railway launches One Touch ATVM for fast ticketing at 42 Suburban Stations

One Touch ATVM: Indian Railways has launched ‘one touch ATVM’ at 42 suburban stations of Central Railway to render fast ticketing to millions of commuters over Mumbai Suburban Network.

Railway passenger can avail the service of this new machine onwards at 42 suburban stations. This new machine will reduce the waiting time of the passengers and allow passengers to avoid standing in long queues.

Also Read: India and Switzerland decide to carry forward working together in the area of Rail Transport

The new machine is loaded with the user friendly and uncomplicated procedure which will greatly ease the load on ticketing system of Mumbai Suburban Network. A total of 92 ATVMs has been installed at 42 suburban stations.

Features of one touch ATVM:

The salient features of one touch ATVM is that a passenger can obtain a ticket in just two steps instead of earlier six steps on a regular ATVM. One touch ATVM will show one screen display for selecting single/return journey tickets. The passenger can select desired station in the distance slab, just press tab “upto station” either for journey tickets or return journey tickets. The passenger can get platform ticket also with single touch......Read More

India signs the Kartarpur Sahib Corridor Agreement with Pakistan

Kartarpur Sahib Corridor Agreement: India has signed an Agreement with Pakistan on the modalities for operationalisation of the Kartarpur Sahib Corridor at Zero Point, International Boundary, Dera Baba Nanak. Representatives from the Ministry of External Affairs, Ministry of Defence, and Ministry of Home Affairs along with the representatives from Government of Punjab have been present during the signing ceremony.

The Highlights of the Kartarpur Sahib Corridor Agreement are:

Indian pilgrims of all faiths and persons of Indian origin can use the corridor;
The travel will be Visa Free;
Pilgrims need to carry only a valid passport;
Persons of Indian Origin need to carry OCI card along with the passport of their country;
The Corridor is open from dawn to dusk. Pilgrims travelling in the morning will have to return on the same day;
The Corridor will be operational throughout the year, except on notified days, to be informed in advance;
Pilgrims will have a choice to visit as individuals or in groups, and also to travel on foot;
India will send the list of pilgrims to Pakistan 10 days ahead of travel date. Confirmation will be sent to pilgrims 4 days before the travel date;
The Pakistan side has assured India to make sufficient provision for ‘Langar’ and distribution of ‘Prasad’;

The main issue that has been a point of discussion is the insistence of Pakistan to levy US Dollars 20 as service charge per pilgrim per visit.

How to register to travel Kartarpur Sahib Corridor:

For registration of pilgrims, online portal (prakashpurb550.mha.gov.in) has gone live. The pilgrims may have to necessarily register themselves online on this portal and exercise their choice to travel on any day. Pilgrims will be informed by SMS and email of the confirmation of registration 3 to 4 days in advance of the date of travel. ......Read More

Doing Business Report 2020: India ranks 63rd in World Bank’s Doing Business Report

The World Bank released its latest Doing Business Report (DBR, 2020) on 24th October 2019. India has recorded a jump of 14 positions against its rank of 77 in 2019 to be placed now at 63rd rank among 190 countries assessed by the World Bank.

India's Leap of 14 ranks in the Ease of Doing Business ranking is significant considering that there has been continuous improvement since 2015 and for the third consecutive year India is amongst the top 10 improvers. As a result of continued efforts by the Government, India has improved its rank by 79 positions in the last five years [2014-19].

The Doing Business assessment provides objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle.

Top 10 Countries in the World Bank's Doing Business Report (DBR, 2020)

The top 10 best places in the world to do business, according to the study, are New Zealand (with a score of 86.8 out of 100), Singapore (86.2), Hong Kong SAR, China (85.3), Denmark (85.3), the Republic of Korea (84), the United States (84), Georgia (83.7), the United Kingdom (83.5), Norway (82.6), and Sweden (82).

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Daily Current Affairs 25th October 2019 For All Government Examinations