16-12-21 Daily-Tamilnadu-TNPSC Current Affairs

The Nadugovernment has sanctioned Rs 352.5 crore towards the implementation of Member of Legislative Assembly Constituency Development Scheme (MLACDS) fully funded by the State Government — for this fiscal. This is 50% of the fund out of Rs 702 crore of budget estimates for the current year.

EachMLAis entitled to get Rs 3 crore to implement the listed schemes in their constituencies. The director of Rural Development andPanchayat Rajis authorised to draw the amount sanctioned and disburse the same to the district collectors and the commissioner of Greater Chennai Corporation, rural development and panchayat raj principal secretary P Amudha said in an order.

The MLACDS was launched in 1997-98 with Rs 25 lakh to a constituency to take up work to bridge the infrastructural gap in the constituencies. The state government increased the amount to Rs 35 lakh in the next fiscal and Rs 50 lakh in the following fiscal. In 2000-01, the allocation was further increased to Rs 77 lakh for each assembly constituency. The EPS regime had hiked the fund from Rs 2.5 crore to Rs 3 crore per constituency per year.

Ladakh received its first ever FM radio station in the capital city Leh.

The first-ever Top FM radio in Leh was launched by Advisor of Ladakh, Umang Narula.

The frequency for Leh & Kargil will be 91.1 FM.

It will cover 50 kilometres aerial distance in radius.

approved a Rs 76,000-crore scheme for boosting semiconductor and display manufacturing in India.

This scheme was approved in order to position India as a global hub for hi-tech production, as well as to attract large chip makers.

It would also strengthen Indias ambitions to be self-reliant in electronics manufacturing and bring huge investments.

This move will generate 35,000 specialised jobs and indirect EMPLOYMENT for one lakh people.

Under the scheme, government has lined up incentives for companies engaged in silicon semiconductor fabs, compound semiconductors, display fabs, sensors fabs, silicon photonics, semiconductor packaging and semiconductor design. With the launch of this scheme, government expects investments of about Rs 1.7 lakh crore and 1.35 lakh jobs in upcoming four years.

AIBP is a flagship programme, launched by government of India with the aim of providing financial support to Irrigation projects.

With the continuation of scheme during 2021-26, total target of additional irrigation potential creation is 13.88 lakh hectare.

Beside the focused completion of 60 ongoing projects, additional projects can also be taken up.

Cabinet has relaxed the inclusion criteria for projects under tribal and drought prone areas.

This component of the scheme focuses on development of rainfed areas for & water conservation, arresting runoff, regeneration of ground water and promoting extension activities related to water harvesting & management.

The approved Watershed Development component will cover 49.5 lakh hectare rainfed or degraded lands for bringing additional 2.5 lakh hectare under protective irrigation during 2021-26.

Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, approved implementation of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2021-26.

Scheme was implemented with an outlay of Rs.93,068 crore.

CCEA approved central support of Rs.37,454 crore to States.

20,434.56 crore of debt servicing has been approved for loan availed by Government of India to develop Irrigation during PMKSY 2016-21.

As a part of the scheme, Accelerated Irrigation Benefit Programme (AIBP), Watershed Development and Har Khet ko Paani (HKKP) components have been extended for 2021-26.

chaired by Prime Minister Narendra Modi approved India andPolandtreaty on mutual legal assistance in criminal matters.

This treaty is aimed at enhancing capability and effectiveness of India as well as Poland in investigation and prosecution of crimes through mutual legal assistance. It will also include crimes related to terrorism.

It also seeks to enhance effectiveness in investigation and prosecution of crime, through mutual legal assistance.

With respect to transnational crime and its linkages to terrorism, the treaty will provide a legal framework for a bilateral cooperation withPolandin investigation and prosecution of crime.

Intergovernmental Committee for Safeguarding of the Intangible Cultural Heritage decided, in its 16^thsession, to inscribed in Kolkata on the Representative List of Intangible Cultural Heritage of Humanity.

16^thsession of UNESCO is being held, starting from December 13, 2021. It will conclude on December 18, 2021.

Till now, Durga Puja was celebrated in many parts worldwide. But an official global recognition was pending.

Durga Puja is a classic fusion of religion and culture. It is regarded with a lot of pride. This festival is performed and celebrated predominantly by the Bengali community.

As per UNESCO, cultural heritage does not end at collections of objects and monuments. It also includes traditions or living expressions which have been inherited from ancestors and passed on to descendants. It is a practice, expression, representation, knowledge, or skill considered by UNESCO.

The National Unity Government (NUG) comprises of pro-Democracy groups and some members from Myanmars civilian administration, which was overthrown in a military coup recently. The NUG has been working to raise funds for its revolution of toppling the ruling military government in Myanmar. In the other move, the Military government has outlawed and designated NUG as a terrorist.

Tether is a , which is hosted on the Ethereum blockchain. Its tokens are issued by Tether Limited. Tether limited is controlled by owners of Bitfinex. Tether is called a stablecoin, since it was originally designed to always be worth US$1 and maintain $1.00 in reserves.

Myanmars shadow government has allowed the use of worlds largest called Tether.

Tether Cryptocurrency will be used as an official currency.

This move will make it easier to raise funds and make payments.