Odisha Affairs
Govt readies textile park proposal
The is readying a proposal for the establishment of a textile park inOdishawith the Centre having approved seven PM Mega Integrated Textile Region and Apparel (PM MITRA) parks for the development of the textile sector in the country.
The Centre has planned to invest around Rs 4,445 crore by 2027-28 to develop these parks with world-class Infrastructure, including plug-and-play facility for investors in the sector. The Centre has asked the state governments to send their proposals for the establishment of textile parks under PM MITRA by March 15.
The state-owned Odisha Industrial Infrastructure Development Corporation (Idco) has roped in consultancy firm,Grant Thornton, to prepare the preliminary project report (PPR) seeking setting up of the park. It has engaged the industries department as the nodal agency for the purpose.
The state government has identified around 1,000 acres at Neulopoi near Dhenkanal for a greenfield textile park under the PM MITRA Scheme.
The state government source said it is ready to hand over the 1,000 acres of land at a nominal rate to the special purpose vehicle (SPV), to be formed for the development of the textile park.
Under the PM-MITRA, the Centre assures capital support of Rs 500 crore or 30% of the project cost (whichever is highest) for developing common infrastructure in the proposed textile park.
Considering Odishas huge potential for Growth of the textile Industry, the state government has listed the textile and apparel sector as one of the six focus sectors to draw investments.
Odisha also has skilled manpower in the textile and apparel sectors. The state produces several varieties of saris while some of them are popular globally. It has also proposed to set up Cotton processing, spinning and weaving, textile and garment Plants to draw Investment in the sector.
National and International Affairs
Meri Policy Mere Hath Campaign
The government has announced a replacement doorstep crop Insurance distribution policy called ”Meri Policy Mere Hath”.
Highlights:
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is entering the seventh year of implementation within the upcoming Kharif season.
The ”Meri Policy Mere Hath’Hath’ doorstep campaign has been launched to ensure that each farmer is well informed about their land records, policies, and therefore the PMFBY’sPMFBY’s claim and grievance redressal process.
In the upcoming Kharif season, which can be beginning in June, the doorstep campaign will be launched altogether, implementing states.
Operation Nanhe Farishte
Under “Operation Nanhe Farishte,” the RAILWAY Protection Force (RPF) has rescued quite 1,000 kids from Railway stations across India within January 2022.
Highlights
The RPF is entrusted with providing safety to passengers. It saved 1,045 children found alone or abandoned at the railway stations. Out of all, 701 were boys, and 344 were girls.
According to the RPF, many children are kidnapped from railway stations per annum. They’re later exploited and trafficked.
Child Help Desks are currently functional across 132 railway stations within the country.
E.V. Charging stations Announced By Indian Oil
diversified energy significant Indian Oil announced that It’d installed 1,000 electric vehicle charging stations (EVCS) in India.
Highlights
Indian Oil has achieved the primary of the many milestones in enabling the E.V. revolution in India, with the successful deployment of quite 1,000 EV charging points.
Indian Oil is ready to supply E.V. charging facilities at 10,000 fuel stations in the upcoming three years.
This will provide confidence to customers for an uninterrupted drive and to automobile manufacturers in enhancing the production of electric vehicles.
National Mission on Transformative Mobility and Battery Storage was launched to promote clean, shared, connected, sustainable, and holistic mobility initiatives. It is valid for five years, until 2024.
The Mission coordinates with critical stakeholders in Ministries or Departments and states for integrating several initiatives in transforming mobility in India.
Green Hydrogen Policy
Indias new green hydrogen policy was unveiled, promising cheaper , a 25-year fee waiver for inter-state power transmission for projects completed before June 2025, land in renewable energy parks, and mega manufacturing zones to help local industries move away from fossil fuels.
The policy aims to boost green hydrogen and ammonia, also making it easier for green power producers to bank their surplus renewable energy with an electrical distribution business for up to 30 days. It also proposes the construction of bunkers near Ports for the storage of green ammonia for export.
The race for green energy takes is very important as the ongoing Russia-Ukraine crisis has pushed up energy prices around the world, particularly in India, which imports 85 percent of its oil and 53 percent of its natural gas. A transformation to large-scale hydrogen fuel use could assist Indias geopolitical influence as well as its Energy Security. Indias strategy is to use its vast landmass and low solar and wind tariffs to manufacture low-cost green hydrogen and ammonia for export.
World Banks lending arm, theInternational Bank for Reconstruction and Development (IBRD)will provide financial support of USD 115 million to this project. The loan has a 15 years maturity period with 4.5 years grace period.
Karnataka will receive USD 60 million, Odisha will receive USD 49 million while the remaining USD 6 million will be utilized by the Indian governments Department of Land Resources.
To improve water and land conservations as well as preventing run-off, harvesting rainwater, regenerating natural vegetation, and replenishing the groundwater table.
The project also aims to improve the capacities of the state and the central institutions so that they can develop and deliver better Watershed Management and development programs.
The World Bank, the Government of India, the State Governments of Karnataka, and Odisha, have signed a USD 115 million deal for theRejuvenating Watersheds for Agricultural Resilience through Innovative Development Programmeto help national and state governments adopt improved watershed management practices to help farmers become more resilient to climate change, improve incomes, and promote higher productivity.
Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD) is a project which is being implemented in three-four Indian states. It is planned as a six-year project and is one of the largest water management programs around the world.
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