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Investors conference titled 'Invest in Karnataka 2022'

  • Investors conference titled 'Invest in Karnataka 2022' started in Bengaluru yesterday. Inaugurating the conference through video, Prime Minister Narendra Modi said: International economists have reported that India is growing rapidly, even though many countries are in economic trouble.
  • The foundations for strengthening the economy continue to be built. An investor-friendly environment has been created in India. A new chapter of development is being written in every sector in India. India's manufacturing sector has reached a new level with semiconductor (chip) manufacturing and technology infrastructure.
  • Karnataka is home to industrial, IT, fintech, biotech, start-ups and sustainable energy. The development of Karnataka is a challenge not only to other states of India but also to various countries.
  • BJP rule in Karnataka is the main reason for the rapid development of the state in various fields. Prime Minister Narendra Modi spoke thus.
AD 1 successfully test-fired anti-ballistic missile
  • The first phase test of 'AD-1' anti-missile developed for the use of our army has been successfully completed. In this case, the second phase of the test took place at Abdul Kalam Island located in the Odisha Sea. 
  • In this, the test to intercept all types of ballistic missiles was successfully completed. Defense Minister Rajnath Singh said that India is also in the list of countries that have such anti-missiles.
For Betasium and Phosphate Fertilizer Rs. 51,875 crore - Union Cabinet approves subsidy
  • The Department of Fertilizers has recommended subsidized supply of crop nutrients like nitrogen, phosphorus, potash and sulfur for phosphate and potassium fertilizers.
  • Accepting it, the Union Cabinet Committee on Economic Affairs has approved fixing nutrient-based subsidy prices for phosphate and potassium fertilizers for the year 2022-23 (October 1, 2022 to March 31, 2023).
  • Accordingly, a subsidy of Rs.98.02 per kg will be given for nitrogen, Rs.66.93 for phosphorus, Rs.23.65 for potash and Rs.6.12 for sulphur. With this, the Union Cabinet has approved a total subsidy of Rs.51,875 crore during this period.
Arunachal New Airport Named 'Tonyi Bola'
  • A green airport is being set up at Itanagar in Arunachal Pradesh. The airport is being constructed at an estimated cost of Rs 649 crore with the contribution of the Union and State Governments.
  • In this case, it was decided to name this airport Tony Polo and the Arunachal Pradesh government passed a resolution. This reflects the long-standing tribal concept of the sun (donyi) and moon (polo).
  • In this case, in the cabinet meeting chaired by Prime Minister Modi, the proposal to name the new airport in Itanagar as Tony Polo was approved.
  • 3,024 newly constructed Economically Weaker Section (EWS flats) flats to eligible beneficiaries under the Slum Rehabilitation Scheme in Kalkaji area of ​​Delhi. In this, Prime Minister Modi handed over the keys to the flats to the rightful beneficiaries. 
  • Speaking on the occasion, the Prime Minister said that today is a big day for hundreds of families of Delhi and a new beginning for many poor families. 
Henceforth Rajaraja Chola's birthday will be celebrated as a state festival - M.K.Stalin
  • Rajaraja Chola, the father of Thanjavur, who built the Thanjavur Great Temple, is celebrated every year on the day of Sataya Nakshatra in the 5th month of the year. Accordingly, this year, the 1,037th Sadaya festival is being held with the music of Mangala. 
  • In this case, the Chief Minister M. K. Stalin has announced that the birthday of father-in-law Rajaraja Chola will be celebrated as a state festival from now on.
The Union Cabinet approved the MoU between India and Denmark in the field of water resources development and water management
  • The Union Cabinet meeting chaired by Prime Minister Shri Narendra Modi discussed and approved the Memorandum of Understanding (MoU) signed between India and Denmark in the field of water resources development and management.
  • A wide range of cooperation aspects are outlined in the MoU
  • Digitization and ease of access to information
  • Integrated and modern water resources development and management;
  • Watershed mapping, groundwater modeling, monitoring and optimization;
  • Efficient and sustainable water supply practices at household level including reduction of non-revenue water and energy consumption
  • Improve and clean rivers and water bodies to improve livelihoods, resilience and economic development
  • Water Quality Monitoring and Management
  • Use of renewable energy in the sector of sewage/sewage treatment, comprehensive wastewater management, water supply and sanitation including circular economy for reuse/recycling of wastewater;
  • Climate change mitigation and adoption of action plans, including nature-based solutions
  • River-centric urban planning including urban flood prevention and flood management
  • Measures to reduce natural liquid waste in suburban and rural areas.
  • The MoU will broadly strengthen cooperation in water resources development and management, rural water supply, wastewater management/sewage treatment. These works will be carried out through direct collaboration between authorities, academics, water related departments and industry. 

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