Financial assistance of Rs 2,302.05 cr for projects under Coastal Berth Scheme
- The Ministry of Shipping has started the new project of Rs 2,302 crore for financial assistance under the Coastal Berth Scheme of the flagship Sagarmala Programme. The Ministry, after the many of the consultation with the NITI Aayog and Department of Expenditure, has extended the period of the scheme for three years, up to 31st March, 2020 and expanded its scope for store the capital dredging at Major Ports and preparation of DPR for coastal berth project, in Oct 2017.
- The projects under Coastal Berth Scheme of the flagship Sagarmala Programme are distributed over eight states with the highest number of projects in Maharashtra (12 projects), Andhra Pradesh & Goa (10 projects), Karnataka (6 projects), Kerala and Tamil Nadu (3 projects), Gujarat (2 projects) and West Bengal (1 project).
- The admissible financial assistance from Central Government is 50% of the total cost of the project subject to: (i) a maximum of Rs 25 crore for projects relating to construction/up-gradation of coastal berths by Major/Non-Major Ports, (ii) a maximum of Rs 10 crore for construction of platforms/jetties for hovercrafts & seaplanes by Ports/State Governments & passenger jetties in National Waterways and islands by State Governments, (iii) a maximum of Rs 15 crore for mechanization of berths by Major/Non-Major Ports (iv) a maximum of Rs 50 crore for capital dredging of Major Ports/operational Non-Major Ports ; and (v) a maximum of Rs 50 crore for construction of breakwater for existing and Greenfield Ports.
- The Ministry of Shipping, a branch of the Government of India, is the apex body for formulation and administration of the rules and regulations and laws relating to shipping
- Website: shipping.nic.in
- Jurisdiction: India
- Headquarters: Parivahan Bhavan, 1, Parliament Street, New Delhi – 110 001
- Cabinet minister: Nitin Gadkari
- Minister of state: Pon Radhakrishnan, Mansukh L. Mandaviya
- Programs: Sagar Mala project
Indian Railways launches main arch on world’s highest bridge on Chenab
- The Indian Railways has started to develop the one of the arch of the world’s highest bridge on the River Chenab in Jammu and Kashmir’s Reasi district which will provide direct connectivity to the Kashmir Valley.
- “We have begun the work on installations of main arch between two sides of the bridge. We have launched the main- arch”, M K Gupta, Member Engineering, Railway Board told reporters here yesterday.
- “The iconic bridge is being constructed on River Chenab on the Katra-Banihal section as part of the flagship Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project. It is part of a big project. The work is being done by AFCONS through Konkan railways. We will complete it by May 2019” Gupta said.
- “The Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project will be completed by March 2012. The work has been launched simultaneously from both the sides. The design of the bridge has been made to sustain earthquake of magnitude 8 on the Richter scale”, he said.
- “The erection of the bridge is a project in itself.To achieve these pylons were erected on either side of the river, and two auxiliary self-propelled cable cranes were used to tow temporary auxiliary ropes across these pylons,” they said.
- “The ropes were used to support the partly finished arch parts. Both the embankments of Chenab facing downstream have hard cherty dolomite and quartzite forming steep cliffs”, a top engineer said.
- “For launching purpose, arrangements in the form of pylons with cable cranes spanning the entire gorge have been completed successfully. The cable crane assembly including pylons at span of 915 meters is the longest in the world. For the first time on Indian Railways viaduct was launched on curve of 2.74 degree”, he said.
- – It is 1,315 metres long and 359 metres above the river bed.
- – Designed to run trains at a top speed of 100 Kmph, having a design life of 120 years.
- – Designed to cope with a wind velocity of 266 Kmph at deck level.
- – Designed by Ms WSP (Finland), Ms Leonhart Andra and Partners (Germany) and IIS Bangalore.
- Status of the Udhampur Srinagar Baramulla Rail Line (USBRL) project:
- Total length: 326 Km.
- Total cost: Rs. 19,564 crore (Expenditure until May 2016: Rs.13, 546 crore.
- Katra-Banihal (111 Km): Work in progress; target for completion in 2019. This section will have 27 tunnels, 37 bridges including 97 kilometres of tunnels and seven kilometres of bridges.
- Udhampur-Katra (25 Km): Work completed and commissioned in July 2014.
- Quazikund-Baramulla (118 Km): Work completed and commissioned in phases until October 2009.
- Banihal-Quazikund (18 Km): Work completed and commissioned in June 2013.
Railways to introduce Aadhaar-based biometric attendance system for rail employees
- The Indian Railways has announced that to available and do the men dentary the Aadhaar-Enabled Biometric Attendance System (AEBAS) by January 31, 2018.
- It stated that the AEBAS should be implemented in all offices of the Railways including PUs, attached and subordinate offices, etc. by January 31, in the next year that is the 2018 and a status report in this regard should be furnished to Railway board immediately thereafter.
- In the first phase of AEBAS – the staff working in the Zonal headquarters office, administrative office of production units, RDSO/Lucknow, Metro Rail/Kolkata, CORE/Allahabad and divisional headquarter officers who do not fall under the shift duty roster were supposed to be covered.
- Indian Railways in a letter dated on November 03, said, “Board have reviewed the progress of the implementation of these instructions, and has taken a very serious view of the slow progress made in this regard.”
Hyderabad’s signature cuisinea to get India Post stamp
- The aroma of Hyderabad’s trademark cuisine biryani, baghare baingan and seviyan -may ‘waft’ through the air the next time you receive a mail from the India Post. These three main dishes of the Hyderabad have made their way into India postage, with the Department of Post on Friday issuing stamps with photos of these dishes.
- “Biryani in Persian means fried onion. The fables surrounding the origin of biryani are many. Emperor Babar was credited with bringing biryani to north India. In the south, Qutub Shahis, who were of Iranian descent, introduced several Persian and Turkish dishes. The Asaf Jahis, who were influenced by Moghuls, added more dishes to Hyderabadi cuisine,” said city historian Dr Mohammad Safiullah, who is doing research on the foods of Hyderabad.
- He said, “The Hyderabadi cuisine was also enriched by Sufi saints. Those in the `Khanqah’ of Sufi saints brought with them their own recipes. There was interchange of recipes leading to new dishes with different flavour. Thus Hyderabadi biryani, though of Persian origin, turned native with a dash of local spices.”
- Bagare baingan is the favourite dish of royal kitchens of Hyderabad. As brinjal is a native Indian plant, it has always put the main effort in the Indian cuisine. Tomato is a later entrant into the Indian kitchen and forms an important ingredient in Andhra Pulao, which is also of Persian-Central Asian origin. Cuisine experts are not sure when seviyan became part of Id-ul-Fitr celebrations.Seviyan was introduced into Deccan by the Qutub Shahis.
India, Egypt to step up cooperation in sports, youth affairs
- Union Sports Minister Rajyavardhan Singh Rathore has get the meeting with the Egyptian counterpart Khaled Abd El Aziz on Monday and discussed ways to step up cooperation in the field of sports and youth affairs.
- “Prime Minister Narendra Modi and Egyptian President Abdel Fattah el-Sisi have met four times and taken the relationship to a new level,” Singh said.
- “As two oldest civilisations, we need to forcefully implement the vision of our leaders for our youth. India is a nation of youngsters and we need to provide them an environment to realise their dreams,” Singh said.
- “We want to change the attitude towards sports among the Indians. We wish to make sports aspirational,” said Singh who also asked the Egyptian Minister to encourage local students to enrol themselves in Indian universities.
- Egypt, a country linking northeast Africa with the Middle East, dates to the time of the pharaohs
- Millennia-old monuments sit along the fertile Nile River Valley, including Giza’s colossal Pyramids and Great Sphinx as well as Luxor’s hieroglyph-lined Karnak Temple and Valley of the Kings tombs
- The capital, Cairo, is home to Ottoman landmarks like Muhammad Ali Mosque and the Egyptian Museum, a trove of antiquities
- Capital: Cairo
- Dialing code: +20
- Currency: Egyptian pound
China extends national anthem law to Hong Kong
- China’s parliament has released the one of the ban in the law by making the banning disrespect of the national anthem to cover Hong Kong, a move that critics say undermines the city’s autonomy and freedoms.
- In the past time there has been some of the Hong Kong football fans have booed the national anthem during World Cup qualifiers and other matches.
- China had passed this law in the month of September mandating up to 15 days in police detention for those who mock March of the Volunteers. The law covered the Chinese territories of Hong Kong and Macau but was not immediately given a legal basis for enforcement there.
- The Xinhau state news agency reported on Saturday that the law had now been included in an annex of Hong Kong’s basic law, or mini-constitution. It it also to be included in an annex of Macau’s basic law.
Nepal opens bridge built with India’s help near China border
- Nepal has started the development of the bridge built with India’s financial assistance of USD 430,626 on the Kaligandaki river near China border.
- “The bridge at Jomsom area in Mustang district not only provides direct motorable connectivity to people of Mustang but also benefits thousands of tourists and pilgrims visiting the famous Muktinath temple and upper Mustang for trekking,” the Indian Embassy here said in a statement.
- “India had extended a total of 44.5 million Nepali rupees (USD 430,626 or 2.7 crore Indian rupees) as financial assistance for its construction as part of India–Nepal Economic Cooperation (INEC) programme,” the statement said.
- “Prior to the construction of the RCC bridge, the old suspension bridge on the river Kaligandaki could not be used by motorists. People had to alight from their vehicles and took another vehicle from across the river to reach their destination” it said.
Banking and Finance
HSBC pledges $100 billion of finance by 2025 to combat climate change
- HSBC has said that it will provide the $100 billion in financing and investment by 2025 to help combat climate change, the bank said on Monday.
- HSBC said that it will give the facility of the financial flows to help boost support for clean energy and lower carbon technologies.
- “This will involve direct lending, bonds and project finance, alongside new products in asset management,” an HSBC spokesman said.
- In the recent years, HSBC has helped develop standards for issuers of green bonds and has issued its own 500 million euro ($580 million) green bond. ($1 = 0.8624 euros)
- HSBC Holdings plc is a British multinational banking and financial services holding company, tracing its origin in Hong Kong
- It is the world’s seventh largest bank by total assets and the largest in Europe with total assets of US$2.374 trillion
- Designated CEO: John M. Flint (21 Feb 2018–)
- CEO: Stuart Gulliver (1 Jan 2011–20 Feb 2018)
- Headquarters: London, United Kingdom
- Revenue: 47.96 billion USD (2016)
- Subsidiaries: HSBC Bank, MORE
- Did you know: HSBC Holdings PLC is the seventh-largest bank in the world by total assets ($2,374.03 B).
Israel Centre opened at IIM, Bangalore
- The Indian Institute of Management Bangalore (IIMB) has started and opened the center of its in the Israel Centre on Sunday which is aimed at becoming a “bridge of academic collaboration” between India and Israel. This center is mainly based on the by faculty and will also include faculty and student exchange programmes.
- “Both our countries have a similar ecosystem in terms of business, academia supported by the government, and research. Previously, the Karnataka Israel Research and Development agreement facilitated research with state-funding from both Israel and Karnataka. For any economy, startups are very important,” she said.
- Speaking about the Israeli startup ecosystem, which is based on three factors — government, industry and academia — Ambassador of Israel to India Daniel Carmon said the collaboration will strengthen the ecosystem of both the countries. “Bengaluru is an ideal centre for startups, and this collaboration is an excellent idea. This is further highlighted by the fact that currently, a Bengaluru startup is representing India in Start Jerusalem programme back in our country. This centre will bring together like-minded individuals in academic knowledge and research.”
- Raghuram, Director, IIMB, said, “The centre will act as a hub for research, technological innovations, business strategy, government policies, and culture.” “Through this centre, we will also support exchange programmes, host seminars, discussions, and nurture entrepreneurial spirit,” he said.
- Indian Institute of Management Bangalore is a public business school located in Bangalore, Karnataka, India
- Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad
- Address: Bannerghatta Road, Bengaluru, Karnataka 560076
- Campus size: 40 ha
- Phone: 080 2658 2450
- Chairperson: Kiran Mazumdar-Shaw
- Founded: 1973
- Parent organization: Indian Institutes of Management
Science and Technology
China launches 2 navigation satellites
- China, has started to create its own nevigation system for the rival United States GPS, has launched two BeiDou-3 satellites into space though a single carrier rocket.
- Yang Changfeng, BeiDou’s chief designer, said, “The new satellites would be able to spot which lane a car was using on a motorway, detect the sway of a building in high winds and guide fire trucks to the nearest water hydrant.
- Scientists involved in the project also said, “The new system would give civilian users an accuracy of 2.5 metres to five metres, putting it on a par with existing GPS technology.” “The Chinese military and some government users would be able to use encrypted signals for millimetre precision,” the scientists said.
- When the service goes global in 2020, Beidou … will provide important coordinates of time or space and become a pillar of national security,” Yang said.
- “New technology has significantly improved the performance of the BeiDou-3, with the signal accuracy in space higher than half a meter while its positioning accuracy has reached 2.5 to five meters,” said Yang Changfeng, chief designer of the BeiDou system.
- “Launches featuring two or more satellites on a single carrier rocket will be conducted regularly,” Ye Chengmin, deputy chief designer of the Long March-3A carrier rocket said.
National Cycling Championships organized in Delhi to promote fuel conservation
- There are the direct relation between the cycling and conserving transport fuel, the Petroleum Conservation Research Association (PCRA) is organising the capital’s first Saksham Pedal Delhi “cyclothon” event on Sunday, which will include the National Cycling Championships as a component feature.
- “November is a time when the Delhi’s notorious pollution begins to get more acute with the onset of cooler weather,” Tripathi told IANS here.
- “So, keeping in mind Prime Minister Narendra Modi’s exhortation to avoid transport fuels on one day of the week, we decided to organise such a mass cycling event here for the first time,” he said.
- “We keep hearing of walkathons and marathons, but not such events for cycling. Thus it ties in well with, as well as highlights, the objectives of PCRA, which is a registered society under the Petroleum Ministry,” he added.
- “In our country we have a stigma against cycling as being the means of conveyance for the poor,” he said.
- “This kind of advocacy is, however, a necessary but not sufficient condition to promote fuel conservation across various sections and propagate the message of reducing excessive dependency on oil,” he added.
Awards and Recognitions
Best Urban Transport Practices Awards announced in Urban Mobility Conference held in Hyderabad
- Mysuru’s Public Bicycle Sharing has get in the list of the winner ‘Best Non-Motorised Transport’ Award while Kochi (Kerala) that has been chosen by the ‘Best Urban Transport Initiative’ Award for completing its Metro Rail Project in a quick time besides integrating the metro with other modes of transport.
- Officials said, “The tourism city of Mysure launched its Public Bicycle Sharing in June this year with 425 bicycles and 45 docking stations and over 6,400 members have been registered till last month. It has resulted in improved last mile connectivity besides converting short distance vehicular trips to cycle trips, which are eco-friendly.”
Veteran Malayalam Actor Vettoor Purushan passed way
- Weteran Malayalam actor Vettoor Purushan, who had plays the roles in 70 odd films, has died at the age of 70 years because of old age illness, family sources said.
- The actor died as his condition deteriorated and he was being taken to hospital last night. ‘Athbhutha Dweep’, ‘Sooryavanam’, ‘Itha Innu Muthal’ were among the films in which he had donned various characters.
- In the term of his death, Chief Minister Pinarayi Vijayan said in films and television serials, though he essayed small roles, it had entertained viewers.
World Urbanism Day
- The international organisation for World Urbanism Day, which is also known as the “World Town Planning Day”, was founded in the year 1949 by the late Professor Carlos Maria della Paolera of the University of Buenos Aires, a graduate at the Institut d’urbanisme in Paris, to advance public and professional interest in planning.
- This day is celebrated more than the 30 countries on four continents each November 8th. It is a special day to recognise and promote the role of planning in creating livable communities.