Tamilnadu Affairs
Gold loan waiver to cost Tamil Nadu govt 6,000 crore
TheTamil Nadugovernment issued an order giving effect to waiver of loans taken from on gold up to five sovereigns or less.
The move will cost the exchequer about 6,000 crore. The department of co-operation, food and Consumer protection issued the GO stating that CMM K Stalinhad, on September 13, announced that the gold loans taken from cooperative banks till March 31, 2021, will be waived off based on certain criteria to benefit the needy.
The department stated that the waiver of the loan will provide the exchequer 6,000 crore approximately except the part repayment of the loan by some of the beneficiaries.
National and International Affairs
Proba-1 Mini satellite Finishes 20 Years.
ESAs Proba-1 minisatellite, launched two decades ago, on October 27, completed 20 years.
Highlights
It is the oldest serving Earth-observing mission of the agency, and The minisatellite has survived fully operational for 20 years.
Proba-1 is approximately the size of a hotel fridge that hosts two Earth-observing instruments and several technological firsts.
It is the first in ESAs family of Project for On-Board Autonomy missions which started as a technology demonstration satellite and later became an Earth observation mission.
The proba-1 mission carries many low-cost, commercial-off-the-shelf systems and components.
It is seldom described as NewSpace before NewSpace as the mission delivers imagery to scientists worldwide.
The ROIP, also known as Radio over Internet Protocol, was launched in Kolkata, India, for the first time on October 25.Highlights The Syama Prasad Mookerjee Port (SPM) in Kolkata has become the primary Major Indian Port to get a Radio over Internet Protocol (ROIP) System.
ROIP system is a long-range marine Communication solution, to aid especially during storms and inclement weather.
Using the ROIP mode of communication, the ships at Sandheads can be directly wired via Radio from Kolkata.
The resolution shall cover the entire Hugli River Estuary from Kolkata to Sandheads.
SAMBHAV Program Launched By MSME Ministry
The MSME has launched the SAMBHAV program to promote engagement of the youth in .
Highlights:
The program was launched with the aim to promote engagement of the youth in promoting entrepreneurship.
The e-National Level Awareness Programme 2021 SAMBHAV was launched by Union Minister of MSME Narayan Rane in New Delhi.
The mass outreach program will be a one-month long initiative under the Ministry of MSME.
In the program students from different colleges/ITIs from all parts of the country will be encouraged by 130 field offices of the Ministry to take up entrepreneurship.
During the campaign, the college students will be made aware of the various schemes being implemented by the Ministry of MSME through Audio/Video film presentations.
Awareness programs will be conducted in more than 1,300 colleges across the country in which 1,50,000 students are expected to participate.
Agni-5 Ballistic Missile Test Fired Successfully
DRDOs Agni -5 Ballistic Missile was tested successfully on 27 October.
Highlights
The DEFENCE Research and Development Organisation (DRDO) successfully tested the surface-to-surface ballistic missile Agni-5 on 27 October.
The test-fire happened from APJ Abdul Kalam Island in Odisha.
Agni-5 is a nuclear-capable intercontinental ballistic missile (ICBM), which uses a three-stage solid-fuelled engine.
The missile can strike targets at ranges up to 5,000 km with a very high degree of accuracy.
The indigenously-developed surface-to-surface missile, Agni-5, is capable of striking a target of more than 5,000 km.
It is about 17-metre long, 2-metre wide and has a launch weight of around 50 tonnes.
The missile can carry a nuclear warhead of more than one tonne.
The successful test of Agni-5 is in line with Indias declared policy to have probable least deterrence that underpins the delegation to No First Use.
Green Initiative Forum By Saudi
Crown Prince Mohammed bin Salman launched the Saudi Green Initiative forum
The forum was launched in Riyadh with the statement of Saudi Arabias new green objectives.
The forum will address the environmental efforts made by Saudi Arabia with guests, including international personalities and high-profile government heads.
Audi Arabia also announced the roadmap of Saudi Arabia for protecting the Environment and facing <a href="https://exam.pscnotes.com/Climate-change”>Climate Change.
This annual forum will serve as a platform for the launch of new environmental initiatives in the country.
It will also monitor the impact of previously announced environmental initiatives.
Saudi Arabia also launched initiatives in the Energy sector.
These initiatives would reduce carbon emissions by 278 million tons annually by the year 2030.
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