03-12-21 Daily-Odisha-OPSC Current Affairs

Odisha Affairs

Odisha: 64% growth in gross GST collection in November

Odisharecorded grossGST collectionof Rs 4,136 crore in November, a 64% Growth from Rs 2,528 crore collected in the same period last year.

The collection is also the highest among major states as well as the highest ever gross collection of GST by the state ever since launching of the new tax regime, said an official statement.

Figures released by the state GST commissioner’s office said progressive collection till November of 2021-22 fiscal is pegged at Rs 28,032 crore compared to Rs 17,229 crore collected in the corresponding period of the previous fiscal. The collection was Rs 19,366 till November of 2019-20 fiscal.

TheSGST(State GST) collection in November is estimated at Rs 1,157 crore, a growth of nearly 70% over the Rs 681 crore collected in the same period last year.

According to the figures, the SGST collection till November of the current fiscal is pegged at Rs 7,977 crore compared to Rs 5,013 crore collected in the same period of the previous fiscal.
In the 2019-20 fiscal, the SGST collection till November was Rs 5,661 crore.

Besides SGST, collection from the state during November was Rs 1,001 crore under CGST (Central GST), Rs 1,223 crore under IGST (Integrated GST) and Rs 735 crore under cess.

National and International Affairs

Dhawan-1: Indias First Privately Built Cryogenic Rocket Engine

Indias first privately built cryogenic rocket engine called Dhawan-1 was test-fired privately by Skyroot Aerospace.

Highlights:

Skyroot Aerospace exhibited the upper stage of its Vikram-2 launch vehicle.

The cryogenic rocket engine is 3D printed and made in India.

It has been named after Satish Dhawan, the third chairman of ISRO, as he pioneered the development of advanced launch capabilities of India.

Vikram Rocket has been identified after Vikram Sarabhai, who started India’s space program and conducted advanced nuclear research.

The rocket uses a mixture of Liquid Natural Gas, more than 90 per cent methane and Liquid Oxygen.

It is called “Methalox”, in the combined state, which forms a cryogenic rocket fuel.

This provides high performance and a low cost. The fuel is environmentally friendly, which is dubbed “Fuel of the future”.

Dhawan-1

The Dhawan-1 engine includes a vacuum thrust of about 1.5kN. The engine was tested on a specially built testbed at Solar Industries in Nagpur.

The engine is the upper stage of the Vikram-2 launch vehicle that uses Environment-friendly compounds called LNG and LOX. It is entirely 3D printed.

Pixxel 1 satellite is set to be launched in 2022, the first private satellite in an Earth Observation constellation in low Earth orbit.

The UNESCO recently presented two Heritage Awards to the Nizamuddin Basti Project. The project was awarded for its conservation efforts. It was awarded with the Special Recognition for Sustainable Award and Award of Excellence.

The project restored more than 20 historic monuments located around 14thcentury Sufi Saint Hazrat Nizamuddin Auliya.

The Nizamuddin area consists of and Batashewala Tomb and tomb of a 16thcentury poet Rahim (Khan I Khanan). These regions were segregated and damaged. They were also renewed by the Nizamuddin Basti Project.

The project was started in 2007 by the Aga Kahn Trust for Culture, Archaeological Survey of India, Delhi Urban Heritage Foundation and the Delhi Municipal Corporation.

The Nizamuddin Basti Project is an Urban Renewal Project. It successfully unified the segregated zones of the seven-century old settlement of the Nizamuddin Basti and its surrounding 70 acres.

It integrated socio Economic Development, conservation and environmental development objectives in these areas.

India International Science Festival – 7 Edition

Panaji, Goa will host the 7th India International Science Festival From 10 to 13 December.

Highlights

From December 10 to 13, 2021, the 7th edition of the four-day India International Science Festival (IISF) will be placed in Panaji, Goa.

“Celebrating Creativity in Science, Technology, and Innovation for a Prosperous India” is the festival theme for 2021. In 2015, the inaugural IISF was conducted in New Delhi.

The National Centre for Polar and Ocean Research (NCPOR) in Goa, which is part of the Ministry of Earth Sciences, is the organising body for IISF 2021.

Barbados Is The Worlds Newest Republic

Barbados is the Worlds newest republic, 400 years after it became a British colony.

Highlights

Barbados, the Caribbean Island nation, dismissed Queen Elizabeth II as the head of the state.

Dame Sandra Prunella Mason became President of Barbados and was selected to become the first president of Barbados in October 2021.

She was announced by Speaker of the House of Assembly, Arthur Holder.

The British made Barbados a slave Society when it first became an English colony in 1625. It gained its independence in 1966.

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