Who has launched Asia's largest, ambitious and historic cluster development scheme in Thane?

Daily Current Affairs

Eknath Shinde

Narendra Modi

Sharad Pawar

Nitin Gadkari

Correct Answer : Eknath Shinde

Maharashtra Chief Minister Eknath Shinde has launched Asia's largest, ambitious and historic cluster development scheme in Thane.

* While launching the scheme, Mr. Shinde said his much-awaited dream is coming into reality but he will be the happiest person in the world only on the day the beneficiaries of the scheme will receive the keys of their own house.

* This scheme was conceptualized for the collective redevelopment of unauthorized and official dangerous buildings after the collapse of the Sairaj Building in Thane which had claimed 18 lives.

* The redeveloped township plan includes well-equipped health, educational, sports, recreational, parking, mandi, and civic facilities.

* The CIDCO will execute the project. Under the project, the integrated redevelopment project will be done on the lines of townships.

* The occupants will get a 323 Sq ft ownership house. Chief Minister Shinde announced that the scheme will be implemented not only in Thane but also in Mumbai and the Mira-Bhayandar area of Thane district. He added that 10,000 houses will be constructed in the first phase of cluster development in Thane on 1500 acre area.

* He expressed confidence that the projects which are stalled or delayed will be completed with greater initiative with the help of CIDCO, MHADA, and BMC and those who had to migrate away from Mumbai will be brought back.

* Eknath Shinde also thanked Deputy Chief Minister Devendra Fadnavis for his cooperation and his guidance for this scheme during his tenure as the Chief Minister of the state...

Source : AIR

Published On : June 6, 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