Economy
PM Modi inaugurates Noida International Airport
Prime Minister Narendra Modi laid the foundation stone for the Noida International Airport (NIA) in Gautam Buddh Nagar.
The airport is being developed by the Yamuna International Airport Pvt. Ltd. (YIAPL) under the PPP model in association with the Uttar Pradesh Government and the Indian Government.
The airport will be India’s first net-zero emissions airport and will also have the provision of multi-modal seamless connectivity.
Summits and Conferences
13th ASEM Summit held
The 13th edition of the Asia-Europe Meeting (ASEM) Summit is scheduled to be held on November 25 and 26, 2021.
The summit to be led by Vice President M Venkaiah Naidu is titled “Strengthening Multilateralism for Shared Growth”.
ASEM is an Asian-European political dialogue forum that works to enhance relations and several forms of cooperation between its partners.
Quick Facts: ASEM was established on March 1, 1996, at the 1st ASEAN Summit in Bangkok, Thailand.
Government Schemes
Cabinet approves continuation of O-SMART
Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the continuation of the umbrella scheme called “Ocean Services, Modelling, Application, Resources, and Technology (O-SMART)”.
The scheme was launched on August 29, 2018, to promote ocean research and set early warning weather systems.
The approval for the scheme has been given for INR 2177 crore.
International Affairs
Germany announces Euro 1.2 billion to aid India in fighting climate change
Germany has announced new development commitments of around Euro 1.2 billion aid to India in support of India’s fight against climate change.
The announcement for the aid was made aid the visit of a delegation from the German Ministry of Economic Cooperation & Development.
The Indo-German cooperation rests on four key megatrends namely Urbanisation, Climate Change, Pressure on democracy and society, and the degradation of natural resources.
Person in News
India’s candidate elected to execute committee of Interpol
Praveen Sinha, Special Director of CBI was elected as the delegate for Asia in the executive committee of the International Criminal Police Organization (Interpol).
The elections involved four contestants from China, Singapore, South Korea, and Jordan and were held in Istanbul, Turkey during the ongoing 89 INTERPOL General Assembly.
Interpol is the world’s largest international police organization with a National Central Bureau in all 195 member states.
Quick Facts: Interpol is headquartered in Lyon, France.
Defense
37th India-Indonesia CORPAT exercise held in Indian Ocean
The 37th edition of India-Indonesia Coordinated Patrol (CORPAT) was held in the Indian Ocean region recently.
Indigenously built Indian Naval Ship (INS) Khanjar and Dornier Maritime Patrol Aircraft participated in the CORPAT.
CORPAT was conducted for the first time in the year 2002.
Quick Facts: Indonesia is home to Komodo Dragon, the largest lizard in the world.
Government Schemes
Nirmala Sitharaman launches Tejasvini and Hausala schemes
Union Minister Nirmala Sitharaman has launched two schemes named ‘Tejasvini and Housala schemes’ of J&K bank for girls and Shikhar and Shikara schemes of PNB.
Tejasvini scheme focuses on providing financial assistance of INR 5 lakhs to girls between the age of 18-35 years for starting their business.
Shikhar scheme focuses on meeting the credit requirement of up to INR 2 crore for the hotel, tour, and tourism industry.
Quick Facts: Manoj Sinha is the Lieutenant of J&K.
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