06-04-23 Daily-Himachal Pradesh-HPPSC Current Affairs

To scale up the and to minimize delay in getting requisite approvals through a single-roof facilitation mechanism, the Himachal Pradesh Government is establishing an Investment Bureau in the State.

The Investment Bureau would replace the old single-window system and would be given the powers to approve investment proposals, said the Chief Minister Sukhvinder Singh Sukhu, while presiding over a meeting to discuss the modalities of the proposed Bureau.

The Chief Minister said that the Investment Bureau would be set up under the Industries Department and will comprise officers from all the concerned departments to facilitate hassle-free investment and would work together to ensure that the investment cases are processed quickly and efficiently. Additionally, penal provisions would be in place for the officers responsible for the delay, he added.

The Chief Minister said that the establishment of the Investment Bureau aims to expedite the approval process, allowing investors to start their work soon after applying and the State Government would make necessary amendments in law as well to empower the Investment Bureau.

The State Government is expecting investment in tourism besides attracting investments in IT, Solar Energy, green hydrogen, and other sectors. The investments would not only generate revenue for the state exchequer but will also open EMPLOYMENT opportunities to the youth, said the Chief Minister.

The Ministry of New and has granted Miniratna Category-I Central Public Sector Enterprise (CPSE) status to the state-owned Solar Energy Corporation of India Ltd (SECI), according to a statement. SECI, which was established in 2011, is the primary implementing agency for renewable energy schemes/projects of the Ministry of New and Renewable Energy aimed at fulfilling Indias international commitments. SECI has played a Central role in the rapid increase of RE generation capacity in the country and has contributed towards the nations Climate commitments, Carbon Emission reduction strategies and sustainable energy transition

SECI has awarded more than 56 GW of Renewable Energy (RE) project capacities to date. It also plays an active role in establishing projects through its own investments and as a Project Management Consultant (PMC) for other public sector entities. SECI has received a top credit rating of AAA from the domestic rating agency ICRA

Of the 200 tigers added to the 2,967 estimated in 2018, taking the count to 3,167 as per the latest Status of Tiger Report, 128 are from the Central India Landscape (CIL). This makes it clear that Maharashtra and Madhya Pradesh (MP) have played a big role in increasing the tiger numbers in the country.

This means, Central India has largest Population of tigers in the world, said Bilal Habib, Wildlife Institute of India scientist. As per the 2018 estimates, there were 1,033 tigers in Central India and the Eastern Ghats Landscape, which comprises in Maharashtra, MP, Chhattisgarh, Telangana, Andhra Pradesh, Odisha andRajasthan. However, the latest report estimates 1,161 tigers, an increase of 128.

National Tiger Conservation Authority (NTCA) and Wildlife Institute of India (WII) officials say the addition to the national figure of 3,167 tigers must be from Maharashtra and MP and Shivalik Landscape, which have done well.

Tiger signs were detected in 1,049 grids and 1,161 unique tigers were photo-captured. As per the distribution of tigers in Central India and Eastern Ghats Landscape, the big cats have occupied several territorial areas of MP and Maharashtra that were not occupied in 2018, the report states.

The Rajya Sabha approved the Competition Amendment Bill, 2023, aimed at modernizing the two-decade-old anti-trust law to align with changes in the economy. The Competition Amendment Bill, 2023 aims to modify the Competition Act, 2002, which authorizes the Competition Commission Of India (CCI) to prevent practices that adversely impact competition and consumer interests.

Under the new bill, mergers and acquisitions exceeding Rs. 2,000 crores in value must be notified to the Competition Commission of India (CCI), provided that the party being acquired has substantial business operations in India.

The Asian Confluence, a think tank from Northeast India, will organize the event in collaboration with Indias Ministry of External Affairs. State Minister for Foreign Affairs Md Shahriar Alam will represent Bangladesh, while Indias deputy foreign minister and the Japanese ambassador to India will also attend

The Asian Confluence, a think tank from Northeast India, will organize the event in collaboration with Indias Ministry of External Affairs. State Minister for Foreign Affairs Md Shahriar Alam will represent Bangladesh, while Indias deputy foreign minister and the Japanese ambassador to India will also attend.

A recent study conducted by the Asian Confluence recommended scaling up multi-modal connectivity between Northeast Indiaand Bangladesh to enhance competitiveness and narrow the development gaps in the region