Mangaluru Plastic Park Construction Approved:

The Karnataka government has recently approved the development of a plastic park in Ganjimutt, Managaluru.

Highlights:

• The KIADB will establish a special purpose vehicle under its control to carry out the project. KIADB is also a major supporter.

• The park`s construction will cost Rs 62.77 crores. It will be built on land owned by the Karnataka Industrial Areas Development Board (KIADB).

• As a result of the park, hundreds of jobs will be created for local children.

• A polypropylene unit will be installed in the park. This facility will provide raw materials to the park`s polymer and plastics businesses.

• Thermoplastic polymer Thermoplastic polymer polypropylene It is mostly used in the production of plastic packaging.

• Furthermore, the park will help to reduce transportation costs. This is because the park will be home to 32 businesses.

• Entrepreneurs from other districts are also welcome. The park will include, among other things, an administrative building, an export building, and a warehouse facility.

Funds And Concerns

• The federal government will contribute half of the total estimated cost of 62.77 crores, or 31.38 crores. The remaining 50 percent will be borne by the KIADB.

• The Central Government`s Ministry of Chemicals and Fertilizers has established project implementation criteria.

• If the work is not completed within three months, the funds will be redistributed to other projects that are eligible.

Plastic Park Scheme

• Plastic parks are industrial zones. They are critical to the growth of machinery suppliers, as well as plastic manufacturing, recycling, and processing businesses.

• Tamont village in Madhya Pradesh, Billaua village in Gwalior, Odisha, Pradeep village near Jagatsinghpur, Assam, Devipur in Jharkhand, and Voyallur in Tamil Nadu`s Thiruvallur district have all established plastic parks.

• India accounts for less than 1% of global plastic exports. India has a sizable plastics industry. However, it is severely fractured. The plastic parks will aid in the consolidation of the industry.

• On Netaji`s 125th birthday, the statue was unveiled. He celebrates his birthday on January 23rd.

• The statue is powered by 4k projectors that produce 30,000 lumens of light. These projectors cost about 15 lakh rupees.

• Their projected area measures 13 by 13 feet. The statue stands 28 feet tall and 6 feet wide. The technology necessitates the use of a screen in addition to a projector.

• Visitors are unable to see the screen. The hologram statue will stand in place of King George V of England`s statue. In 1968, the statue was demolished.

• Netaji`s birth anniversary is known as Parakram Divas. It is celebrated on January 23rd. It was discovered in 2021.

• In Tripura, Assam, Jharkhand, and West Bengal, Netaji`s birthday is observed as a state holiday.

• An image is created by hologram technology. The image is projected in a way that makes it appear real. Furthermore, the image appears three-dimensional.

Ministry of Culture To Release Books On 75 Unsung Heroes

• The illustrated books will be published in collaboration with "Amar Chitra Katha."

• These books will highlight the contributions of women, specifically Rani Abbakka, Parbati Giri, Matangini Hazra, Chakali Ilamma, and others.

• The book honours the lives of the women who led the charge and sparked a firestorm of protest and rebellion across the country.

• It tells the stories of queens who fought against the British. These women dedicated and sacrificed their lives in order to explain the motherland.

• These books will be available in digital format for free on the Amar Chitra Katha app.

• The series` second edition is currently in the works. It will tell the stories of 25 unheralded tribal freedom fighters.

• The third and final volume of the series will feature the stories of 30 unsung heroes.

MSME Technology Centre Inaugurated By PM

• The Union Ministry of Micro, Small, and Medium Enterprises will be in charge of it (MSME).

• The Rs 122 crore technological hub was built with a focus on the Electronic System Design and Manufacturing (ESDM) industry.

• The centre was formally inaugurated during the 25th National Youth Festival in Puducherry (12th and 13th January 2022).

• He also inaugurated the `Perunthalaivar Kamarajar Manimandapam,` a new auditorium with an open-air theatre in Puducherry.

• This world-class technology centre, which will span ten acres and train 20,000 students, support 2000 SMEs, and incubate 200 start-ups, will help propel the local economy forward.

• The opening of this MSME Technology Centre by the Prime Minister will improve skill development and instil entrepreneurship among the region`s youth.

• The MSME Ministry is reviving the sector through a variety of initiatives and programmes in order to achieve shared prosperity, long-term job opportunities, and the Prime Minister`s vision of Atma Nirbhar Bharat.

• The Ministry of Culture`s Meenakshi Lekhi has launched the `North East on Wheels Expedition` in New Delhi to promote Northeastern culture.

• This year`s Bike Expedition will be held from April 8th to April 16th to commemorate the Azadi Ka Amrit Mahotsav.

• Seventy-five bicyclists will be chosen from across the country to participate in this trip, which will cover approximately 9000 kilometres in six groups in the North East Region.

• The excursion will also highlight the Dekho Apna Desh project of the Ministry of Tourism. Riders will also help to raise awareness about the importance of road safety.

• The journey will connect, among other things, key locations associated with our country`s historical events.

• Among them are Jowai, Moirang, Imphal, Kohima, Bumla Pass, Tezpur, and others.

• The participants will pay tribute to national heroes such as Rani Ma Gaidinliu, Kiang Nangbah, Netaji Subhash Chandra Bose, Kanaklata, Jaswant Singh, and others throughout their journey.

• The North East on Wheels website has launched, signalling the beginning of adventure registrations.

• A team of experienced and skilled bikers from across the country will select 75 riders from all who register.

• At the inaugural programme, a song called `Nikal Pade,` which means `Set out/ Venture,` was also released, capturing the true essence of Young India determined to lead the future.

Infusion Of 1500 Crore Rupees In IREDA Approved:

• It will contribute to the creation of 10,200 jobs per year while reducing carbon emissions by 7.49 million tonnes.

• The IREDA played an important role in renewable energy, growing its portfolio from 8,800 crores to 28,000 crores in the last six years.

• The additional equity infusion will enable the mini-Ratna corporation under the new and renewable energy ministry to lend approximately 12,000 crores to the renewable energy sector, reducing the sector`s debt requirement of approximately 3,500-4,000 megawatt (MW), the CCEA said after its January 19 session.

• The equity infusion will also increase the net worth of the specialised non-banking finance agency, allowing it to obtain additional financing and thus contribute more to the Government`s goals.

• IREDA is a non-banking financial institution that promotes, develops, and provides financial assistance for the establishment of projects involving new and renewable energy sources.

• The IREDA was established in 1987, with its headquarters in Delhi.

• Pradip Kumar Das is the current chairperson of IREDA.

First-Ever Startup India Innovation Week From 10 to 16 Jan

Nineteenth Tranche Of Electoral Bonds:

• From January 1 to October 10, 2022, electoral bonds will be available for purchase.

• State Bank of India (SBI) will issue and redeem the bonds through its 29 Authorized Branches.

• Assembly elections will be held in five states: Uttar Pradesh, Uttarakhand, Himachal Pradesh, Punjab, and Goa.

• Electoral Bonds are a type of financial instrument that can be used to make a donation to a political party.

• These bonds are available in denominations of 1000, ten thousand, one lakh, ten lakh, and one crore rupees, with no upper limit.

• SBI is the only bank authorised to issue these bonds. The bonds are valid for fifteen days after they are issued.

• They can be redeemed in the designated account of a registered political party. It does not include the donor`s name.

• Any person who is a citizen of India or has a business in India can purchase these bonds for ten days each in the months of January, April, July, and October.

• Bonds can be purchased individually or in groups with other people.

• From March 1 to March 10, 2018, the first batch of electoral bonds were sold. The 18th tranche of bonds was sold between September 1 and September 10, 2021.

• Electoral bonds allow registered parties under the Representation of the People Act 1951 to accept donations.

• Furthermore, in the most recent elections, these parties should not have received less than 1% of the vote.

Jawaharlal Nehru Road is now known as Narendra Modi Marg

Ganga Prasad, the Governor of Sikkim, has announced a new road, Narendra Modi Marg. 

Highlights:

• From the 4th mile of Kyongsala, the Governor looked down on the road under Kabi Lungchok. 
• The alternative to Jawahar Lal Nehru Marg is this street. Border Roads Organization constructed the National Monument on National Highway 310.
•  Indian tourists will have an easier time getting to the Nathula Border.
• The Border Roads Organization built the stretch, which has cut the distance between Gangtok and Tsomgo Lake by 15 kilometers.
• The proposal to change the name of the road after the prime minister was passed unanimously in the gram sabha on December 20, according to IK Rasaily, the village council head of 51 Kyongasala GPU.
• The Border Roads Organization built the stretch, which has cut the length between Gangtok and Tsomgo Lake by 15 kilometers.
• Rasaily explained that it is a small gesture to give thanks to the PM, who made free vaccines and rations available during the COVID-19 pandemic.

First LNG Terminal In Karnataka:

The state of Karnataka has agreed to build the state`s first LNG terminal in Mangalore with the Singapore-based LNG Alliance Company.

Highlights:

• The first LNG terminal in Karnataka will be built in collaboration with the New Mangalore Port Trust (NMPT).

• The government has invested Rs 2,250 crore in the construction of the terminal.

• As a result of this project, approximately 200 people will be directly employed.

• The terminal will be constructed as part of the Union Government`s strategy to expand the alternative fuel sector in order to reach net-zero carbon emissions by 2070.

LNG Port Terminals

• LNG port terminals are custom-built structures. They are designed to house massive LNG carrier ships that load, transport, and unload LNG. LNG terminals are typically constructed adjacent to a gas liquefaction and storage facility (for export) or a gas regasification and storage plant (import). The LNG port terminals in India are listed below.

• The Konkan LNG Private Limited terminal is located in Dabhol, Maharashtra, and has a capacity of 5 million tonnes per year.

• The Dahej Terminal is located in Gujarat and is operated by Petronet LNG Ltd. The terminal has a capacity of 15 million tonnes per year.

• The Hazira Terminal of Shell Limited is located in Gujarat and has a capacity of 5 million tonnes per year.

• The Kochi Terminal of Petronet LNG Ltd has a capacity of 5 million tonnes per year.

Student Start-ups And Innovation Policy 2.0 In Gujarat

• SSIP 2.0 was introduced at the International Conference of Academic Institutions to assist school students in pursuing innovation (ICAI-2022) financially.

• ICAI 2022 is a pre-vibrant summit that will take place on 5 January 2022 in Science City.

• The SSIP 2.0 guidelines are available to anyone under the age of 35 who is a school student, a vocational, certificate, undergraduate, postgraduate, or doctorate student, an alumna, alumnus, or a dropout from an institute, university, or school.

• As part of it, the state government intends to build operational innovation and incubation centres at all of its institutions.

• SSIP 2.0 is being developed to achieve Aatmanirbhar Gujarat through equitable growth and sustainable development.

• SSIP 2.0 is significant because schoolchildren invent so many things. They do not, however, have a platform to showcase their abilities.

• The new programme would provide financial support for such ideas and help them move from "mind to market."

• According to the SSIP 2.0 guidelines, a maximum of Rs 20,000 would be awarded at the school level for proof of concept/prototype/innovation for grades 9-12, with the goal of "grabbing them young."

• There will also be funding for collective/community-level support systems, actions for others, and large-scale sensitization, programmes, and events aimed at developing a scientific attitude.