Which Govt Set up has Established the Urban Road Infrastructure Development Agency (URIDA)?

Daily Current Affairs

Punjab

Rajasthan

Uttar Pradesh

Madhya Pradesh

Correct Answer : Uttar Pradesh

The Yogi Adityanath government of Uttar Pradesh has established the Urban Road Infrastructure Development Agency (URIDA). This decision reflects the government's commitment to enhancing urban road infrastructure.

Additionally, the Yogi government recently granted approval for the implementation of the Chief Minister Green Road Infrastructure Development Scheme (Urban), which boasts a substantial budget of Rs 500 crore. This scheme, known as the 'CM Grids Scheme,' underscores the government's dedication to promoting sustainable and green urban infrastructure development in the state.

In response to the increasing urbanization within the state and the pressing need to alleviate the burden of rising vehicular traffic while facilitating smoother traffic flow, the Uttar Pradesh government, as per an official statement, has initiated a significant undertaking.

This scheme, named the 'Chief Minister Green Road Infrastructure Development Scheme (Urban),' has been launched by the Urban Development Department in alignment with the directives of Chief Minister Yogi Adityanath. It is aimed at enhancing the visual and functional aspects of urban roadways while also shouldering the responsibility of overseeing, financing, and supervising road development within municipalities.

With a focus on aligning cities' road networks with international standards, the scheme's implementation is the result of Chief Minister Yogi's instructions to advance urban road infrastructure. To execute this vision, the Urban Development Department has instituted the Urban Road Infrastructure Development Agency (URIDA) and delineated its duties on the ground.

Beyond the development and maintenance of urban roads, URIDA is tasked with establishing an Urban Road Management System. The agency is dedicated to resource generation, financial improvement for urban local bodies, and the integration of innovative technologies into road infrastructure.

The operations of URIDA will be based in the Directorate of Local Bodies building in Lucknow. A General Body and an Executive Committee have been constituted to oversee the activities of the 'CM Grids (Urban)' project, ensuring its efficient and comprehensive execution.

A chartered accountant will conduct an annual audit of the CM-Grids (Urban) bank accounts within six months after the conclusion of each financial year. The chartered accountants will also provide the agency with an accuracy certificate for the reconciliation statement of urban local bodies and CM-Grids (Urban) bank accounts..

Source : Myind

Published On : October 25, 2023

Solar’s Ascendance in India :

In 2015, India ranked ninth in solar energy deployment, but by 2023, it produced 5.8% of its electricity from solar, up from 0.5% in 2015. This significant increase underscores India’s commitment to clean energy and its pivotal role in mitigating climate change.

Global Solar Growth Trends :

Ember’s report highlights that solar energy witnessed a remarkable increase globally, with 2023’s solar generation exceeding six times that of 2015. The top four solar growth countries, including India, accounted for 75% of this growth, emphasizing the widespread adoption of solar power worldwide.

Published On : May 9, 2024

Q .

India's Toy Exports Slip to _____ Million in 2023-24

$102.92

$121.19

$139.53

$152.34

Correct Answer : Option (D) - $152.34

India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement.

Declining Export Trends :

Export figures dropped marginally from USD 153.89 million in the previous fiscal year to USD 152.34 million in 2023-24, as outlined by the Global Trade Research Initiative (GTRI). Despite a modest increase in exports from FY’2020 to FY’2022, the subsequent year witnessed a downturn.

Import Trends :

Conversely, imports rose to USD 64.92 million in 2023-24 from USD 62.37 million in the preceding year, indicating a persistent challenge in balancing trade dynamics.

GTRI’s Recommendations :

Comprehensive Industry Development Strategy : GTRI Founder Ajay Srivastava emphasized the necessity for a holistic approach to foster the growth of India’s toy industry and bolster exports.

Domestic Ecosystem Strengthening : Developing a robust domestic ecosystem is paramount, alongside measures to encourage renowned global toy brands to establish manufacturing facilities within India’s borders.

Published On : May 9, 2024

Q .

India Leads Global Remittances, Surpassing _____ Billion Mark.

$50

$100

$200

$250

Correct Answer : Option (B) - $100

India emerged as the global leader in remittances in 2022, receiving over $111 billion, surpassing the $100 billion mark for the first time. The International Organisation for Migration (IOM) highlighted India, alongside Mexico, China, the Philippines, and France, as the top five remittance recipient countries.

Consistent Growth: From $53.48 Billion to $111.22 Billion

The UN’s World Migration Report 2024 underscored India’s consistent growth in remittances, noting a rise from $53.48 billion in 2010 to $111.22 billion in 2022. This significant increase showcases India’s pivotal role in the global remittance landscape.

Southern Asia’s Significance in Global Remittances :

The IOM emphasized Southern Asia’s importance as a major recipient of global remittances, attributed to its high proportion of migrant workers and emigrants. India, Pakistan, and Bangladesh all ranked among the top ten recipients worldwide, highlighting the sub-region’s reliance on labor migration.

Prominent Migration Corridors and Destination Countries :

While India ranks 13th as a destination country for immigrants, it features prominently in various international migration corridors, including India-United Arab Emirates, India-Saudi Arabia, and Bangladesh-India, all of which are among the top 10. This indicates India’s significant role in global labor migration patterns.

Published On : May 9, 2024