14-03-23 Daily-Himachal Pradesh-HPPSC Current Affairs

Himachal Pradesh Affairs

Himachal cabinet nod to implementation of Old Pension Scheme from April 1

The Himachal Pradesh Cabinet on Friday decided to implement the Old Pension Scheme (OPS) from April 1 in the state. The cabinet, presided by Chief Minister Sukhvinder Singh Sukhu, gave its nod to the implementation of the OPS which would put a burden of Rs 1,000 crore on the state exchequer.

The cabinet also approved the repealing of Himachal Pradesh Loktantra Prahari Samman Adhiniyam, 2021, and Himachal Pradesh Loktantra Prahari Samman Niyam, 2022, providing a monthly pension of Rs 11,000 per month to persons who were jailed during the Emergency, a government statement said.

The cabinet decided that the employees will also be brought under the ambit of General Provident fund (GPF).

The employees under the New Pension Scheme (NPS), who have retired after May 15, 2003, will be given OPS from the prospective date. The decision would put a burden of Rs 1,000 crore on the state exchequer during 2023-24 financial year.

Sukhu said the decision has been taken after making necessary amendments in the rules.

The contribution towards NPS by the government and the employees would stop from April 1, 2023. If any employee wants to opt for NPS, he/she can give Consent to the government, he said. The cabinet has passed a resolution, asking the Union Government to return an amount of Rs 8,000 crore under the NPS to the state and asked the state Finance department to amend the rules and issue necessary instructions in this regard.

National and International Affairs

PM Modi inaugurates worlds longest railway platform in Hubballi, Karnataka

Prime Minister Narendra Modi dedicated World`s longest RAILWAY platform of 1.5 kilometres at Sri Siddhaarooda railway station in Hubballi in the state of Karnataka. The inauguration of the platform was done during the PMs Karnataka visit in the presence of Union Minister Pralhad Joshi. It is to be noted that Indian Railways, South Western Railway Zones Hubbali is now registered in the Guinness Book of World Records for having the longest platform.

The worlds longest railway platform will cater to the transportation needs of the Hubballi-Dharwad region and will help in enhancing the operational capacity of the yard. Furthermore, it will enable the operations of trains in both directions.

IREDA gets Infrastructure Finance Company status from RBI

The Reserve Bank Of India (RBI) has granted an Finance Company (IFC) status to Indian RENEWABLE ENERGY Development Agency (IREDA) today. It was earlier classified as Investment and Credit Company (ICC).

With the IFC status, IREDA will be able to take higher exposure in RE financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fund raising.

The recognition of IREDA as an IFC will increase the investors confidence, enhance the brand value, and generate positive outlook in the market. The grant of IFC status is a recognition of IREDAs 36 years of Infrastructure Financing and development with focused development of Renewable Energy. With IFC status, IREDA will keep contributing towards Govt. of Indias target of 500 GW installed capacity of non-fossil fuels by 2030.

IREDA has been promoting, developing and financing new and renewable sources of energy with the motto: Energy for Ever since 1987. It finances all RE technologies and value chain such as solar, wind, hydro, bio-energy, Waste to Energy, Energy Efficiency, e-mobility, battery storage, biofuel and new and emerging technologies.

Oscars 2023: RRRs Naatu Naatu wins Best Original Song

The 95th Academy Awards (Oscars 2023) have announced that RRRs Naatu Naatu won Best Original Song. The song had to beat out songs like Applause from Tell It Like a Woman, Hold My Hand from Top Gun: Maverick, Lift Me Up from Black Panther: Wakanda Forever, and This is Life from Everything Everywhere All At Once. The Oscars 2023 was accepted by lyricist Chandrabose and composer Keeravani.

The songs words were written by Chandrabose, with music by MM Keeravaani, and it was performed by Kala Bhairava and Rahul Sipligunj. Naatu Naatu received the Golden Globe for best song. RRR became the first Indian film to win a Golden Globe as a result of the victory.

Bhutans graduation from the UN list of Least Developed Countries

Recently, at the United Nations Least Developed Countries (LDC) Summit that concluded on March 9 in Doha, Qatar, the landlocked Himalayan kingdom of Bhutan will no longer be on the list of LDCs and will become only the seventh country to graduate from the list

Bhutan was included in the first group of LDCs in 1971.However, over the last few decades, it has made remarkable progress on a variety of socio-economic metrics.

Bhutan first fulfilled the requirements for graduation in 2015, and then again in 2018. Bhutan was therefore scheduled to graduate in 2021

PM Modi inaugurates worlds longest railway platform in Hubballi, Karnataka

Prime Minister Narendra Modi dedicated World`s longest RAILWAY platform of 1.5 kilometres at Sri Siddhaarooda railway station in Hubballi in the state of Karnataka. The inauguration of the platform was done during the PMs Karnataka visit in the presence of Union Minister Pralhad Joshi. It is to be noted that Indian Railways, South Western Railway Zones Hubbali is now registered in the Guinness Book of World Records for having the longest platform.

The worlds longest railway platform will cater to the transportation needs of the Hubballi-Dharwad region and will help in enhancing the operational capacity of the yard. Furthermore, it will enable the operations of trains in both directions.

IREDA gets Infrastructure Finance Company status from RBI

The Reserve Bank Of India (RBI) has granted an Finance Company (IFC) status to Indian RENEWABLE ENERGY Development Agency (IREDA) today. It was earlier classified as Investment and Credit Company (ICC).

With the IFC status, IREDA will be able to take higher exposure in RE financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fund raising.

The recognition of IREDA as an IFC will increase the investors confidence, enhance the brand value, and generate positive outlook in the market. The grant of IFC status is a recognition of IREDAs 36 years of Infrastructure Financing and development with focused development of Renewable Energy. With IFC status, IREDA will keep contributing towards Govt. of Indias target of 500 GW installed capacity of non-fossil fuels by 2030.

IREDA has been promoting, developing and financing new and renewable sources of energy with the motto: Energy for Ever since 1987. It finances all RE technologies and value chain such as solar, wind, hydro, bio-energy, Waste to Energy, Energy Efficiency, e-mobility, battery storage, biofuel and new and emerging technologies.

Oscars 2023: RRRs Naatu Naatu wins Best Original Song

The 95th Academy Awards (Oscars 2023) have announced that RRRs Naatu Naatu won Best Original Song. The song had to beat out songs like Applause from Tell It Like a Woman, Hold My Hand from Top Gun: Maverick, Lift Me Up from Black Panther: Wakanda Forever, and This is Life from Everything Everywhere All At Once. The Oscars 2023 was accepted by lyricist Chandrabose and composer Keeravani.

The songs words were written by Chandrabose, with music by MM Keeravaani, and it was performed by Kala Bhairava and Rahul Sipligunj. Naatu Naatu received the Golden Globe for best song. RRR became the first Indian film to win a Golden Globe as a result of the victory.

Bhutans graduation from the UN list of Least Developed Countries

Recently, at the United Nations Least Developed Countries (LDC) Summit that concluded on March 9 in Doha, Qatar, the landlocked Himalayan kingdom of Bhutan will no longer be on the list of LDCs and will become only the seventh country to graduate from the list

Bhutan was included in the first group of LDCs in 1971.However, over the last few decades, it has made remarkable progress on a variety of socio-economic metrics.

Bhutan first fulfilled the requirements for graduation in 2015, and then again in 2018. Bhutan was therefore scheduled to graduate in 2021

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