Uttar Pradesh to get its first Pharma Park in Lalitpur district

Uttar Pradesh to get its first Pharma Park in Lalitpur district:

The Uttar Pradesh government has approved the establishment of the state’s first Pharma Park in Lalitpur district of Bundelkhand. The project will require the transfer of 1500 hectares of land from the Animal Husbandry Department to the Industrial Development Department. The government has allocated a budget of Rs 1560 crore for the development and provision of necessary facilities to investors in Lalitpur Pharma Park.

To begin with, a Detailed Project Report (DPR) will be prepared soon after selecting a consultant for the development of the Pharma Park. Entrepreneurs setting up units in the Pharma Park will receive several benefits, including a 100% exemption in stamp duty on land purchase, capital subsidy, construction of houses for laborers, and employment generation.

Medical Device Park in Gautam Buddha Nagar:

Apart from the Pharma Park, the Uttar Pradesh government is also setting up a Medical Device Park on 350 acres of land at the Yamuna Expressway Industrial Development Authority (YIDA) in Gautam Buddha Nagar. The park is located in Sector 28 of YIDA, where plots have been allotted to 50 entrepreneurs so far.

The government has made complete preparations to connect the Medical Device Park with metro, expressway, transport city, and bullet train. A flatted factory with a common hydrant facility will also be constructed in the Medical Device Park. Additionally, a proposal has been made to set up a police station in the area to help entrepreneurs.

Investment proposals worth Rs 16,420 crore in the medical devices manufacturing sector:

The state has received investment proposals worth Rs 16,420 crore in the medical devices manufacturing sector at the Global Investors Summit (GIS) held in February this year. A total of 175 MoUs have been signed in this area, with most investors expressing their willingness to set up units in the Medical Device Park and Pharma Park.

Benefits for Entrepreneurs:

Entrepreneurs setting up units in the Pharma Park and Medical Device Park will receive several benefits from the government, including a 100% exemption in stamp duty on land purchase, capital subsidy, and construction of houses for laborers. The government aims to encourage investment in the medical devices manufacturing sector and create employment opportunities for the people of Uttar Pradesh.

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Border Roads Organisation Project Dantak 64th Raising Day

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The Border Roads Organisation Project Dantak is an overseas project under the Ministry of Defence of India, established on 24 April 1961 as a result of an agreement between Jigme Dorji Wangchuck, the third king of Bhutan, and then Prime Minister of India Jawahar Lal Nehru. Project Dantak has been instrumental in developing infrastructure and providing connectivity in remote areas of Bhutan.

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History and Milestones:

Project Dantak was primarily tasked with constructing motorable roads in Bhutan. In 1968, it completed the road connecting Samdrup Jongkhar to Trashigang, and in the same year, Thimphu was connected to Phuentsholing by Dantak. These pioneering projects were essential in connecting the remote areas of Bhutan to the rest of the world, promoting trade and commerce, and improving the living standards of people living in the region.

Since then, Project Dantak has undertaken several other notable projects, including the construction of Paro Airport, Yonphula Airfield, Thimphu – Trashigang Highway, telecommunication and hydro power infrastructure, Sherubtse College, Kanglung, and India House Estate. These projects have significantly contributed to the growth and development of Bhutan.

Recruitment and Employment:

Project Dantak recruits local workers from Bhutan as well as Indian workers from adjoining districts along the India-Bhutan border. This approach has not only helped to provide employment opportunities for the local population but has also helped to build a strong bond between India and Bhutan.

Impact and Recognition:

Project Dantak has been instrumental in transforming the infrastructure and connectivity of Bhutan. Its efforts have led to better trade and commerce, improved access to healthcare and education, and a better standard of living for the people of Bhutan. The project has also been recognized for its contribution to the development of Bhutan by the Bhutanese government.

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India Considers Joining G7-Piloted ‘Climate Club’ to Boost Climate Action

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India Considers Joining G7-Piloted ‘Climate Club’ to Boost Climate Action:

India is reportedly considering joining the ‘Climate Club,’ an environmental initiative started by the G7 to promote stronger climate action. The club’s three pillars are advancing ambitious and transparent climate policies, supporting substantial industrial decarbonisation, and encouraging international cooperation towards a just transition.

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Inter-Ministerial Discussions to be Initiated Soon:

According to reports, the Indian environment ministry is expected to initiate inter-ministerial discussions soon to consult different ministries on the sectoral implications of joining the Climate Club. The move comes as India faces increasing pressure to ramp up its climate efforts to meet global climate goals.

Benefits of Joining the Climate Club:

India may benefit from joining the Climate Club by gaining access to global standardisation and pricing mechanisms that may come with the initiative. The club aims to launch fully by next year’s UN climate conference, COP28, and could provide India with opportunities to enhance its climate policies and showcase its efforts to the global community.

Sectoral Implications to be Considered:

Before making a decision on whether to join the Climate Club, India will need to consider the sectoral implications involved. The inter-ministerial discussions will involve consulting various ministries on the potential impact of joining the initiative on different sectors of the economy, including energy, industry, and agriculture.

Ambitious and Transparent Climate Policies:

The first pillar of the Climate Club is advancing ambitious and transparent climate policies. This involves setting targets and implementing policies that will help reduce greenhouse gas emissions and limit global warming to 1.5°C above pre-industrial levels. Joining the Climate Club could provide India with an opportunity to showcase its climate policies and enhance its credibility as a global climate leader.

Substantial Industrial Decarbonisation:

The second pillar of the Climate Club is supporting substantial industrial decarbonisation. This involves promoting the adoption of low-carbon technologies and transitioning away from fossil fuels in key sectors such as power generation, transportation, and industry. India has already made progress in this area, with initiatives such as the National Clean Energy Fund and the International Solar Alliance.

Encouraging International Cooperation Towards a Just Transition:

The third pillar of the Climate Club is encouraging international cooperation towards a just transition. This involves supporting countries in their efforts to transition to a low-carbon economy in a way that is socially and economically just, particularly for vulnerable communities. Joining the Climate Club could provide India with opportunities to collaborate with other countries and showcase its efforts to promote a just transition.

About G-7:

The G7 (Group of Seven) is a forum of seven of the world’s largest and most advanced economies – Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

Here are some key points about the G7:

History: The G7 was formed in 1975 as the G6, with the addition of Canada in 1976, becoming the G7. The group was initially created to discuss economic issues and promote cooperation among its members.
Economic power: The G7 represents about 40% of global GDP, making it a significant economic power in the world.
Political influence: The G7 countries also have significant political influence globally and use their collective power to promote their shared values and priorities.
Annual summit: The leaders of the G7 countries meet annually at a summit to discuss a range of issues, including economic, political, and security issues, as well as global challenges such as climate change, poverty, and gender equality.
Agenda: The G7 agenda is typically set by the host country, which rotates annually among the members. Recent G7 agendas have included topics such as the COVID-19 pandemic, climate change, trade, and cybersecurity.

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World Red Cross Day 2023 observed on 8th May

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World Red Cross 2023

World Red Cross and Red Crescent Day is celebrated annually on May 8th to honor the birth anniversary of Henry Dunant, who founded the International Committee of the Red Cross (ICRC) and was the first person to be awarded the Nobel Peace Prize. The Red Cross and Red Crescent Movement is a worldwide humanitarian network that operates in almost every country across the globe. The network offers aid and support to people in need during various emergencies, conflicts, disasters, and other crises. The movement strives to alleviate human suffering, safeguard human dignity, and promote health, peace, and overall well-being.

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World Red Cross 2023- Theme

The theme of World Red Cross Day for 2023 is “Everything we do comes from the heart.” The objective is to recognize and pay tribute to the people in our communities who are always ready to provide assistance to those in need, often without receiving any acknowledgment or appreciation. The focus is on honoring those individuals who selflessly extend a helping hand to those in distress, demonstrating the true spirit of compassion and kindness that lies at the heart of the Red Cross movement.

World Red Cross 2023-Significance

The primary objective of World Red Cross Day is to recognize and celebrate the humanitarian work accomplished by the Red Cross and Red Crescent Movement at an international level. It provides an excellent opportunity to educate people about the organization’s principles, mission, and undertakings, and to appreciate the dedication and bravery of its volunteers and employees. World Red Cross Day also emphasizes the significance of humanity, empathy, and unity during times of crisis. It highlights the critical role played by the Red Cross and Red Crescent Movement in offering humanitarian aid and advancing humanitarian values throughout the world.

World Red Cross 2023-History

World Red Cross Day has its origins in the efforts of Henry Dunant, the founder of the International Committee of the Red Cross (ICRC) and the recipient of the first Nobel Peace Prize. The history of World Red Cross Day can be traced back to the establishment of the Red Cross movement itself.

In 1859, Henry Dunant witnessed the suffering of wounded soldiers on the battlefield of Solferino, Italy, during the Second Italian War of Independence. Shocked by the lack of medical care and support, he organized local civilians to provide assistance to the wounded, regardless of their nationality.

World Red Cross Day has its roots in World War I, where the notion of an annual commemoration to honour those who contributed to global peace was initially suggested. The Tokyo conference in 1936 approved the proposal named the “Red Cross Truce,” but the League of Red Cross Societies (LRCS) postponed it until after World War II in 1946. The first-ever Red Cross Day was eventually observed on May 8, 1948.

Important takeaways for all competitive exams:

International Committee of the Red Cross Founder: Henry Dunant;
International Committee of the Red Cross President: Mirjana Spoljaric Egger;
International Committee of the Red Cross Founded: 17 February 1863, Geneva, Switzerland;
International Committee of the Red Cross Headquarters: Geneva, Switzerland.

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Bastille Day celebration in Paris, PM Modi accepts French invite for the celebration

The Ministry of External Affairs announced that French President Emmanuel Macron had extended an invitation to Prime Minister Narendra Modi to be the Guest of Honour at the Bastille Day Parade in Paris on July 14, and that Mr. Modi had accepted. According to an official press release, a contingent from the Indian armed forces will also take part in the parade, which celebrates “liberty, equality and fraternity.”

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Bastille Day celebration in Paris: Key Points

This marks the second occasion on which an Indian Prime Minister has been invited to the July 14 celebrations in Paris as a Guest of Honour, with former Prime Minister Manmohan Singh participating in 2009.
PM Modi’s attendance is considered particularly significant as India and France are currently commemorating the 25th anniversary of their strategic partnership, which was established in 1998.
As the Guest of Honour for our National Day, Prime Minister Modi is preparing to visit France, and this will undoubtedly be a pivotal moment for the relationship between our two countries.

Our Ambassador, Emmanuel Lenain, has made it clear that we are proud of our shared achievements and eager to establish a long-term association with India.

First Border Haat Inaugurated at Bholaganj in Sylhet Division between India and Bangladesh

India and France Relations

According to a statement from the Embassy of France, India and France share a steadfast commitment to building upon the progress made during the past 25 years by working towards common goals in Europe as well as the Indo-Pacific region.

July 14th is celebrated in Paris as the day when the Bastille, a symbol of royal authority in France, was stormed, hence the name Bastille Day. There is no established tradition of inviting Heads of State or government for this occasion, and such an invitation is extended only on special occasions.

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Dawki land port in Meghalaya inaugurated by Union Minister Nityanand Rai

To promote trade and commerce between India and Bangladesh, the Dawki land port was inaugurated by Union Minister Nityanand Rai in Meghalaya’s West Jaintia Hills district. Meghalaya Deputy Chief Minister Sniawbhalang Dhar was also present during the inauguration. Rai stated that the land port will have an impact on the tourism and business sectors.

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The port has been built keeping in mind the requirements of both the countries and will offer various facilities such as a godown, canteen, cargo for tourists, and an electric substation.

Dawki land port inaugurated in Meghalaya: Key Points

The objective is to unite all the agencies and stakeholders under one roof.
The Dawki land port lies in West Jaintia Hills in Meghalaya, approximately 55 km away from the district headquarters, Jowai, and around 84 km from Meghalaya’s capital Shillong.
The adjacent land port in Bangladesh is Tamabil, located in the Sylhet district.
The Dawki land port holds immense value as a trade and transportation hub between India and Bangladesh, providing a convenient passage for goods, people, and vehicles across the border.
Additionally, it will aid passenger movement between the two nations.
Rai underscored the cultural resemblance and the strong bond of brotherhood shared between India and Bangladesh, adding that Dawki’s efficient network will promote progress in health, education, and more.

Dawki land port inaugurated in Meghalaya: Attendees

The event was attended by several notable officials, including India’s High Commissioner to Bangladesh and other senior governmental representatives.
The Union Minister of State interacted with the Meghalaya Frontier of the BSF, discussing the challenges of the Indo-Bangladesh international border and measures being taken to control trans-border crime.

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Meghalaya: Important Takeaways For All Competitive Exams

Formation of Meghalaya: January 21, 1972
Chief Minister of Meghalaya: Conrad Sangma
Capital of Meghalaya: Shillong
Three main tribes of Meghalaya: Khasi, Garo, and Jaintia
folk songs and dances of Meghalaya: Shad Suk Mynsiem, Wangala, and Behdienkhlam
Wildlife sanctuaries and National parks in Meghalaya: Balpakram National Park, Nokrek National Park, and Nongkhyllem Wildlife Sanctuary

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HDFC Bank launched programme for Bharat, to onboard 1 lakh customers

HDFC Bank has launched a retail banking initiative called ‘Vishesh‘ aimed at customers in semi-urban and rural areas. The bank is hoping to attract around 100,000 new customers through the programme, which involves increasing its branch network and developing bespoke financial products for the market segment. HDFC Bank plans to add 675 branches in rural and semi-urban areas by 2024, with the total number expected to reach almost 5,000.

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HDFC Bank launched programme for Bharat: Key Points

The bank has already created a ‘Classic’ programme for HNI customers, which will be hived off under the new scheme.
Features of the Vishesh programme include personal bankers, discounts on processing fees and access to healthcare.
Furthermore, the bank will engage with rural seniors such as teachers and key officials who are instrumental to village growth.
The program boasts several features, including a personal banker assigned to each member, expandable coverage for up to 8 family members, and up to a 50% discount on gold loan processing fees and a waiver on valuation fees once per year.
Additionally, processing fees for construction equipment, tractors, personal, business, auto, and two-wheeler loans are eligible for up to a 50% reduction.

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HDFC Bank’s programme for Bharat: Benefits

Beyond financial benefits, the program also offers daily Hospicash benefits for up to 5 days, an annual preventive health check-up allowance of up to Rs 3,000, an annual complimentary and cashless health check-up, unlimited TeleHealth consultation, and agritech services such as soil testing, agri advisory, drone spraying, and agri machinery rental available through partnerships.

The program also includes a distinctive customer engagement model where rural seniors such as sarpanches, teachers, and other key officials are acknowledged for their vital contributions to village growth and progress.

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First Border Haat Inaugurated at Bholaganj in Sylhet Division between India and Bangladesh

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First Border Haat Inaugurated at Bholaganj in Sylhet Division between India and Bangladesh:

On Saturday, 6 April 2023, the first-ever border haat in Sylhet division along the India border was opened at Bholaganj in Companiganj upazila. Expatriates’ Welfare and Overseas Employment Minister Imran Ahmad and Indian High Commissioner in Sylhet Niraj Kumar Jaiswal jointly inaugurated the haat, which is located between East Khasi Hills of India’s Meghalaya and Sylhet’s Bholaganj.

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Strengthening Bilateral Relationship through Border Haat:

During the inauguration, Minister Imran said that the establishment of the border haat will strengthen the bilateral relationship between the countries, as Prime Minister Sheikh Hasina loves friendship. He added that more haats will be set up in border areas once the success of this haat is determined.

Vigilance against Smuggling and Misdeeds:

The minister also directed police and Border Guard Bangladesh (BGB) to remain vigilant to prevent smuggling and misdeeds from occurring at the haat.

Benefits of the Haat for Both Countries:

Commissioner Jaiswal stated that both countries will benefit from the haat through exchanging locally-made products. He also mentioned that Bangladeshis with relatives in India will get the opportunity to meet them at the haat without a visa.

Plans for More Haats in the District:

Both the Bangladeshi minister and the Indian high commissioner announced that more haats will be set up in the district in the days to come. A process is also underway to launch the border haat in Sunamganj.

Lottery for Sellers and Distribution of Buyer Cards:

Lushi Kant Hajong, upazila nirbahi officer at Companiganj, explained that they selected 24 people through a lottery to sell their products from the Bangladesh side. The rest who applied for selling at the haat will be given the opportunity later. The Haat Management Committee’s Chairman and district’s Additional Magistrate have already distributed the buyer cards to the people who applied for it. Visitor cards will be given to freedom fighters and journalists later.

Entry Fee and Operating Hours:

A buyer will be able to take products worth a maximum of $200 dollars by paying an entry fee of Tk 30 while a seller will have to pay Tk 70 for a day. All the money will be used for renovation and development works of the haat. The haat will sit on Saturday and Wednesday each week, and business activities will remain open from 10am to 4pm.

Display of Locally-produced Products:

Locally-produced products will be displayed on 26 Bangladeshi and 24 Indian stalls, and residents of the five-kilometer surrounding area will get an opportunity to sell and buy products.

13 Border Haats Currently in Operation:

Currently, 13 border haats are operating between India and Bangladesh, and three more haats are awaited to launch.

Dignitaries Present at the Inaugural Ceremony:

Sylhet’s Deputy Commissioner Md Mujibur Rahman chaired the inaugural ceremony, and Additional District Magistrate Md Imrul Hasan, Superintendent of Police Abdullah Al-Mamun, and representatives of India-Bangladesh Border Haat Management Committee were also present.

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GetVantage secures NBFC licence from RBI

GetVantage secures NBFC licence

GetVantage, a fintech platform offering alternative financing solutions, has obtained an NBFC licence from the Reserve Bank of India (RBI). Its lending operations will be managed by its NBFC subsidiary, GetGrowth Capital. The platform plans to raise a total of ₹200 crore to expand its lending operations, with ₹50 crore already invested by backers such as Chiratae Ventures, InCred and Sony and DI.

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GetVantage secures NBFC licence: Key Points

Founder and CEO Bhavik Vasa said the licence “reinforces our commitment to providing innovative and accessible financing solutions to the emerging SME sector in India.”
The addition of NBFC will not only enhance the revenue pipeline of the three-year-old FinTech but also allow the co-investment feature with other financial institutions such as banks, NBFCs, and debt funds. Moreover, it will enable GetVantage to serve clients directly instead of solely operating as a loan service provider (LSP).
GetVantage has become part of a limited number of fintech companies that have obtained an NBFC licence.
With backing from investors such as Chiratae Ventures, Varanium, InCred, DMI, and Japanese investors Sony and DI, GetVantage plans to inject INR 50 crore into its NBFC and secure a total of INR 200 crore to expand its lending activities.

The company has set its sights on disbursing over INR 500 crore annually in short-term working capital finance and providing funding to 1,000+ emerging SMEs across India within the next 18 months.

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World Thalassemia Day 2023 celebrates on 08th May

Uttar Pradesh to get its first Pharma Park in Lalitpur district - Part 1558_35.1

World Thalassaemia Day 2023

May 8 marks World Thalassaemia Day, which is a special day dedicated to raising awareness about a genetic disorder called Thalassaemia. This disorder causes the body to produce insufficient amounts of haemoglobin, which is essential for carrying oxygen in the blood. Individuals with Thalassaemia inherit this condition, and it results in reduced levels of oxygen-carrying proteins in their blood. The aim of World Thalassaemia Day is to increase understanding and knowledge about this blood disorder and show support for those who live with it.

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World Thalassaemia Day-Theme

The theme for this year’s International Thalassaemia Day is “Strengthening Education to Bridge the Thalassaemia Care Gap.” The theme is aimed at enhancing the understanding and expertise of individuals affected by the disease, with the goal of narrowing the gap in thalassaemia care. The focus is on improving the skills and knowledge of patients to empower them to take control of their health and manage the condition more effectively.

World Thalassaemia Day-Significance

World Thalassaemia Day holds significant importance as it is dedicated to raising awareness about a genetic blood disorder called Thalassaemia. The day serves as an opportunity to educate people about the disease, its causes, and symptoms, and to encourage the adoption of healthy lifestyles that can help prevent the onset of Thalassaemia. The day is also crucial in highlighting the challenges that individuals with Thalassaemia face and promoting the importance of providing them with access to appropriate care and support. Additionally, World Thalassaemia Day serves as a reminder to society about the need for continued research and development in the field of Thalassaemia treatment and management.

World Thalassaemia Day-History

The Thalassaemia International Federation (TIF), a non-profit organization that represents individuals and families affected by Thalassaemia worldwide, established and organized the first World Thalassaemia Day in 1994. The TIF was founded in 1986 by Mr Panos Englezos, Thalassaemia patients, and their parents from the UK, USA, Greece, Italy, and Cyprus. The day was created in memory of Mr Panos’ son, George, who had passed away due to Thalassaemia. Since then, World Thalassaemia Day is observed annually on May 8th to raise awareness about Thalassaemia and its impact on individuals and families worldwide.

About the Thalassaemia:

Thalassaemia is a genetic blood disorder that affects the production of haemoglobin, the protein that carries oxygen in the blood. Haemoglobin is made up of two types of proteins, alpha and beta globin. Individuals with Thalassaemia have a mutation in one or both of the genes responsible for producing alpha or beta globin, resulting in reduced or absent production of one or both types of globin. This leads to a shortage of haemoglobin, causing anaemia and other related complications.

There are two main types of Thalassaemia: alpha Thalassaemia and beta Thalassaemia.

Alpha Thalassaemia occurs when there is a problem with the alpha globin gene, resulting in a reduced production of alpha globin.
Beta Thalassaemia, on the other hand, occurs when there is a problem with the beta globin gene, leading to reduced or absent production of beta globin.

The severity of Thalassaemia depends on the specific genetic mutation and the number of genes affected. Individuals who inherit one mutated gene are carriers and do not usually exhibit symptoms of the disorder. However, those who inherit two mutated genes, one from each parent, will develop Thalassaemia and experience various symptoms, including fatigue, weakness, shortness of breath, pale skin, and jaundice.

Thalassaemia is most commonly found in populations from the Mediterranean, Middle East, and Southeast Asia. There is currently no cure for Thalassaemia, but treatment options include blood transfusions, bone marrow transplants, and gene therapy. Early diagnosis and management of Thalassaemia are essential to improve the quality of life of individuals with the disorder.

Important takeaways for all competitive exams:

Thalassaemia International Federation: Nicosia, Cyprus;
Thalassaemia International Federation President: Mr. Panos Egglezos;
Thalassaemia International Federation Established: 1986.

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World Athletics Day 2023 observed on 7th May

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Uttar Pradesh to get its first Pharma Park in Lalitpur district:

Medical Device Park in Gautam Buddha Nagar:

Investment proposals worth Rs 16,420 crore in the medical devices manufacturing sector:

Benefits for Entrepreneurs:

History and Milestones:

Recruitment and Employment:

Impact and Recognition:

India Considers Joining G7-Piloted ‘Climate Club’ to Boost Climate Action:

Inter-Ministerial Discussions to be Initiated Soon:

Benefits of Joining the Climate Club:

Sectoral Implications to be Considered:

Ambitious and Transparent Climate Policies:

Substantial Industrial Decarbonisation:

Encouraging International Cooperation Towards a Just Transition:

About G-7:

World Red Cross 2023

World Red Cross 2023- Theme

World Red Cross 2023-Significance

World Red Cross 2023-History

Bastille Day celebration in Paris, PM Modi accepts French invite for the celebration

Bastille Day celebration in Paris: Key Points

India and France Relations

Dawki land port in Meghalaya inaugurated by Union Minister Nityanand Rai

Dawki land port inaugurated in Meghalaya: Key Points

Dawki land port inaugurated in Meghalaya: Attendees

Meghalaya: Important Takeaways For All Competitive Exams

HDFC Bank launched programme for Bharat, to onboard 1 lakh customers

HDFC Bank launched programme for Bharat: Key Points

HDFC Bank’s programme for Bharat: Benefits

First Border Haat Inaugurated at Bholaganj in Sylhet Division between India and Bangladesh:

Strengthening Bilateral Relationship through Border Haat:

Vigilance against Smuggling and Misdeeds:

Benefits of the Haat for Both Countries:

Plans for More Haats in the District:

Lottery for Sellers and Distribution of Buyer Cards:

Entry Fee and Operating Hours:

Display of Locally-produced Products:

13 Border Haats Currently in Operation:

Dignitaries Present at the Inaugural Ceremony:

GetVantage secures NBFC licence

GetVantage secures NBFC licence: Key Points

World Thalassaemia Day 2023

World Thalassaemia Day-Theme

World Thalassaemia Day-Significance

World Thalassaemia Day-History

About the Thalassaemia:

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