As you are aware, in all competitive exams, the “Daily Current Affairs Section” holds significant importance in determining the cutoff scores. Therefore, if you excel in this section, you will have a better chance of achieving higher marks in these exams and securing a spot on the merit list.
Addapedia Odisha – Daily Current Affairs – 16 October 2023
| National and International News |
| Centre unveils tradeable Green Credit |
Context
- GoI introduced a special programme which allows an individual or entity to earn Green Credit and trade it on a dedicated exchange.
Key points:
- Green Credit refers to a unit of an incentive provided for specified activities that deliver a positive impact on the environment.
- Green credit initiative incentivises environmental actions of various stakeholders.
- This programme is a follow-up action of the ‘LiFE’-(Lifestyle for Environment) campaign.
Did you know?
- Green Credit programme will cover eight types of activities — tree plantation, water management, sustainable agriculture, waste management, air pollution reduction, and mangrove conservation and restoration.
- Green Credit programme is independent of the carbon credit provided under the Carbon Credit Trading Scheme, 2023 under the Energy Conservation Act, 2001.
|
| High-speed craft Cheriyapani |
Context
- Indian PM launched the passenger ferry service between Nagapattinam and Kankesanthurai.
- Ferry to Sri Lanka plies after 40 years.
Key points:
- Cheriyapani → high-speed passenger ferry service between India and Sri Lanka
- Nagapattinam → located on the eastern coast of Tamil Nadu
- Kankesanthurai → located in the northern province of Sri Lanka
|
| Chungthang dam of Sikkim |
In news:
- Chungthang dam of Sikkim was in news as the dam fell due to floods.
Key points:
- Chungthang dam is on the Teesta river.
- It had hydroelectric projects which benefitted northern and eastern States of India and also Bhutan.
|
| 2024 Olympics: Paris
2028 Olympics: Los Angeles
2032 Olympics: Brisbane
2036 Olympics: India? |
Context
- PM Modi confirms India’s bid to host the 2036 Olympics.
- India will become the only fourth Asian country to host the Games.
Did you know?
- 2036 is the earliest available slot to host the Summer Olympic Games as the next edition will be held in Paris in 2024 followed by Los Angeles in 2028 and Brisbane in 2032.
|
| Scheme for Street vendors: Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) |
Key points:
- The UPA government passed the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014.
- The current NDA regime launched the PM SVANidhi scheme in June 2020.
About PM SVANidhi
- GoI initiative launched as a part of the Atmanirbhar Bharat Abhiyan
- Beneficiary: Street Vendors
- Objective – to provide affordable working capital loans to street vendors affected by the Covid-19 pandemic.
- Aims to provide financial support to street vendors to resume their livelihoods and help them become self-reliant.
- The scheme provides collateral-free working capital loans up to Rs. 10,000 for a 1-year tenure. Street vendors can get an interest subsidy at 7% per annum.
- Incentives are given to those who make timely repayment of loans.
Did you know?
- Govt. aims to provide benefits under the PM SVANidhi Scheme to a total of 42 lakh street vendors by December 2024.
- The scheme is expected to provide a significant boost to the street vending sector in India and help street vendors overcome the economic challenges posed by the Covid-19 pandemic.
|
| Copyright © by Adda247
All rights are reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Adda247. |
