MAHARASHTRA

Investment in Vidarbha far less than proposed

The ‘Make in India’ initiative of Narendra Modi-led government was launched from Mumbai on September 2014. The state government too followed with its own Magnetic Maharashtra programme to woo industries.

The actual investment in Vidarbha under ‘Make in India’ today stands at 1.8% of the amount proposed through memorandums of understanding (MoU) signed by the companies with the government.

The performance is better in percentage terms under the Magnetic Maharashtra scheme. Here 28% of the 298 MoUs have translated into actual investment. In absolute terms, the total investment proposed under the state scheme is not more than Rs600 crore for Vidarbha.

According to region-wise statement maintained by state’s industries department, MoUs for a total investment worth Rs588 crore were signed under Magnetic Maharashtra scheme as on August 2019. All the ventures clubbed were supposed to generate over 5,000 jobs.

Separate MoUs were signed under ‘Make in India’. Under this investment plans worth Rs78,547 crore were made for Vidarbha, says the data. The actual investments through the implemented projects stands at Rs1,424 crore.

There has been no initiative in 95 projects which account for more than Rs65,000 crore of investment committed through the MoUs.

INTERNATIONAL

● WEFs 33rd India Economic Summit to be held

The World Economic Forum’s 33rd India Economic Summit is to be held from 3-4 October in New Delhi, India. The theme of the WEF’s 33rd India Economic Summit is Innovating for India: Strengthening South Asia, Impacting the World.

Bangladesh’s PM, Singapore’s Deputy PM and more than 800 leaders from 40 countries including policymakers from the Indian government and senior government officials from India and South Asia will be participating in the event.

● Google partners with Dineout for reservations for consumers via Google Maps

Google to enhance the user experience by adding more features to Google Maps with the help of technology powered by Dineout.
The users will now have more actions to explore within Google Maps by discovering dining out options near them, choosing from the available offers at restaurants and also reserve a table for their preferred time and date. Finding a restaurant with the best available offers at any day and time will now be easy on Google Maps via this partnership with Dineout.

The Offers shortcut on Google Maps the service can be leveraged by Google Maps users across 15,000+ Dineout partner restaurants in 17 cities such as Mumbai, Delhi NCR, Bangalore, Hyderabad, Kolkata, Pune, Chennai, Surat, Ahmedabad, Indore, Lucknow, Kochi, Nagpur, Ludhiana, Chandigarh, Jaipur and Goa.

● World first satellite launch by Soviet led US to create NASA

The Soviet Union launched the world’s first artificial satellite Sputnik I on October 1957. The US-Soviet Cold War, Sputnik’s launch directly led to the foundation of the National Aeronautics and Space Administration (NASA)

The Weight of the Sputnik is 83.6 kg, the 58-cm-wide satellite transmitted signals for 21 days before losing speed and burning up in the atmosphere in 92 days.

NATIONAL

● Union Government launches unified portal for licensing of eating and lodging houses in Delhi

Union minister G Kishan Reddy launched a single-window online system for licensing of eating and lodging houses, a move aimed at facilitating the ease of doing business.

The portal is a step in the direction to achieve Prime Minister Narendra Modi’s vision to establish a corruption-free economy by bringing in welfare-oriented economic reforms, the Union Minister of State for Home Affairs said.

India has progressively improved its ease of doing business ranking and the government is encouraging entrepreneurs to start up new businesses.
The food and beverages is a big sector and by 2021, it would be having over two percent contribution in India’s GDP.

● DGTR launched an online system named ARTIS

The commerce ministry’s arm Directorate General of Trade Remedies (DGTR) has launched ARTIS, an online system.

Applications for Remedies in Trade for Indian Industry and other Stakeholders (ARTIS) will be used for the filing of anti-dumping applications by the domestic industry.

It aims to facilitate a speedy resolution to the injury faced by the Indian domestic industry and to increase the accessibility of directorate to all the stakeholders.

ARTIS is developed for filing applications, responses and other related submissions with respect to various trade remedial.

● Annu Rani Becomes First Indian To Qualify For Women’s Javelin Throw Final

Annu Rani became the first Indian to qualify for the women’s javelin throw final in World Athletics Championships

She did her best attempt of 62.43m which is a National Record.

She finished fifth in the qualifying round of World Athletics Championships in Doha, a place above the current World Record holder Barbora Spotakova.Annu Rani had smashed her own national record during the qualification round of the World Athletics Championships.

MPSC Notes brings Prelims and Mains programs for MPSC Prelims and MPSC Mains Exam preparation. Various Programs initiated by MPSC Notes are as follows:-

For any doubt, Just leave us a Chat or Fill us a querry––