Who Unveils (20th Sep 2023) "Mukhyamantrir Atmanirbharshil Asom Abhiyan"?

Daily Current Affairs

J. P. Nadda

Himanta Biswa Sarma

Sarbananda Sonowal

Yogi Adityanath

Correct Answer : Himanta Biswa Sarma

The Assam government will launch a new scheme to provide financial assistance of â‚¹2 lakh to youth for their self-employment, said Chief Minister Himanta Biswa Sarma on Wednesday (20th Sep 2023), adding that the registration for 'Mukhya Mantri Atmanirbhar Asom' will begin from 23 September - 24 September 2023.

Empowering Assam’s Youth :

The “Mukhyamantrir Atmanirbharshil Asom Abhiyan” stands as a testament to the Assam government’s commitment to empowering its youth. By offering financial support to two lakh young individuals, the scheme intends to enable them to pursue their dreams and aspirations, thereby reducing unemployment and boosting self-reliance among the state’s youth.

The Visionary Leadership :

Chief Minister Himanta Biswa Sarma, known for his forward-thinking approach, spearheads this transformative initiative. In a bid to ensure the success of the scheme, he recently conducted a video conference with the Chief Secretary and senior officials from the conference hall of Assam House to discuss various crucial facets of the scheme, such as eligibility criteria, application procedures, and the disbursement of financial assistance.

“Mukhyamantrir Atmanirbharshil Asom Abhiyan”: Skill Enhancement and Financial Support :

Over the span of two years, the government intends to extend financial assistance to a total of 200,000 eligible applicants, complemented by subsidies and an interest-free loan that carries a five-year repayment period. Selected beneficiaries are required to engage in a month-long training program, during which they will receive a stipend of Rs. 10,000. This training initiative focuses on enhancing skills related to management, accounting, and entrepreneurship. Successful candidates must also meet the prerequisite of attending classes at their designated educational or skill training institutions.

A Glimpse into the Future :

The “Mukhyamantrir Atmanirbharshil Asom Abhiyan” is poised to create a ripple effect of positive change in Assam. As registration for the scheme opens on September 23-24, the youth of Assam will have an opportunity to embark on a journey towards self-reliance and prosperity. In a state known for its rich culture and heritage, this scheme serves as a beacon of hope and a catalyst for a brighter future. Chief Minister Himanta Biswa Sarma and his dedicated team are paving the way for a more self-reliant and empowered Assam, one youth at a time.

Source : Economic Times

Published On : September 21, 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