All Details About Atmanirbhar Bharat and Details on It’s Tranches
The central government of India launched the Atmanirbhar Bharat or self-Reliance India mission which includes an economic stimulus package of rupees 20 lakh and several reform proposals. This mission was established under the new India campaign. Prime Minister Narendra Modi announced this as a special economic package as a part of release measures in the aftermath of Covid-19. During the launch of Atmanirbhar Bharat Abhiyan Prime Minister Narendra Modi into fulfilling the dream of making 21st century India a self-reliant country.
Prime Minister Narendra Modi has outlined 5 pillars of Atmanirbhar Bharat that are economic infrastructure system vibrant democracy and demand. The government reforms are supply chain reforms for agriculture, rational tax systems, simple and clear laws, capable human resource, and, a strong financial system.
Atmanirbhar Bharat: Five pillars of self-reliant India
Economy- Quantum jumps, not incremental changes.
Infrastructure- Aims to represent modern India.
Systems- Aims to be technology-driven
Demography- vibrant demography of the largest democracy
Demand- full utilization of the power of demand and supply
Amrit Sarovar Mission: About, Governing Bodies, Objectives, and Mission
On 24th April 2022, Prime minister Narendra Modi launched a mission to conserve water for the future which is known as Amrit Sarovar Mission. For celebrating the Azadi Ka Amrit Mahotsav, Amrit Sarovar aims to develop and rejuvenate 75 water bodies in each district of India. Under this mission, 50,000 water bodies of size of about an Acre will be created.
Amrit Sarovar Mission: Governing Bodies
The government has approached six ministries and departments which are mentioned below.
Department of Rural Development
Department of land resources
Department of Drinking water resources
Ministry of Panchayati Raj
Ministry of Forest
Environment and Climate change department.
The other institutions that were engaged with the mission are the Bhaskaracharya National Institute for Space Application and Geo-informatics (BISAG-N) as a technical partner.
The mission refocuses on various other missions like Mahatma Gandhi NREGA, XV Finance Commission Grants, PMKSY sub-schemes such as Watershed Development Component, and Har Khet Ko Pani. Also, the mission aims to increase the mobilisation of citizen and non-government resources for supplementing these efforts.
Amrit Sarovar Mission: Objectives
The government and secretary of all states have requested to complete the construction of the Amrit Sarovar as planned by the government of India. The government has ensured that there will be the use of technology in the construction of Amrit Sarovar. The states are requested to form the water structure for user’s association and impart required training for better development of the Amrit Sarovar. Till now, 12,241 sites are finalised for the construction of Amrit Sarovar out of which work has been started for 4,856 Amrit Sarovar.
Amrit Sarovar: Mission
1. The mission is aimed it be completed by 15th August 2023.
2. 50,000 Amrit Sarovar to be constructed all over the country.
3. Every Amrit Sarovar will be approximate 1 acre with 10,000 cubic meters of water holding capacity.
4. The focal point of the mission is people’s participation.
5. The local freedom fighters, their family members, Martyr’s family members, Padma Shri Awardees and citizens of the local areas are the sites where Amrit Sarovar is to be constructed and they will be engaged in all stages of construction.
6. On every Amrit Sarovar, Flag hosting will be done every Independence Day, 15 August.
High carbon emitters to receive incentives to reduce footprint
India is proposing a number of policies to encourage the establishment of carbon capture facilities by high carbon emission industries like steel, cement, and thermal plants. Production-linked incentive programmes, viability gap funding, or carbon credits could all be used to offer incentives. The government might issue carbon credits that can be exchanged on carbon exchanges or a PLI programme that would tie incentives to how much carbon is gathered and used.
KEY POINTS:
According to a government official, Niti Aayog, the nation’s policy think-tank, would shortly release a policy prescription for carbon capture and utilisation of carbon dioxide released by industry as part of the aim to reach Net Zero by 2070.
These industries account for 6–10% of all carbon dioxide emissions.
Different strategies are being examined to encourage polluting businesses to build carbon capture facilities so that the carbon dioxide they emit can be captured, utilised, and stored for a variety of industrial uses.
While the government will support these industries with research and development to build carbon capture plants, alternatives for financial support are also being looked at.
Ookla Speedtest Global Index: India ranked 115th
The Speedtest Global Index released by network intelligence and connectivity insights provider Ookla showed that India recorded 14.28 Mbps median mobile download speeds in the month of May, slightly better than 14.19 Mbps in April 2022. With this, the country is now three notches up in its global ranking and is at 115th position.
India also improved its global ranking for overall fixed median download speeds, from 76th in April to 75th in May, according to network intelligence and connectivity leader Ookla. In April, India had dropped four spots in rank globally for overall median fixed broadband speeds — from 72nd to 76th spot.
Key points:
Norway and Singapore are on the top spots for global mobile speeds (median download speed of 129.40 Mbps) and fixed broadband speeds (209.21 Mbps)
The African countries, namely Cote d’Ivoire and Gabon and Congo registered the highest growth in mobile download speeds and fixed broadband speeds respectively in the month of May, the report showed.
14th BRICS Summit: Members of BRICS take a similar stance on world economy
Prime Minister Narendra Modi said at a virtual summit of the five-nation grouping sponsored by China that the consequences of the Covid epidemic on the global economy are still apparent and that cooperation among the BRICS countries can be a beneficial part of its recovery. The BRICS member nations, according to the prime minister, share a similar approach to managing the world economy.
KEY POINTS:
Presidents Xi Jinping of China, Vladimir Putin of Russia, Jair Bolsonaro of Brazil, and Cyril Ramaphosa of South Africa were present as Modi delivered the statements.
Five of the major developing nations in the world are represented by the BRICS (Brazil, Russia, India, China, and South Africa), accounting for 41% of the world’s population, 24% of its GDP, and 16% of its commerce.
The Ukraine crisis and the protracted military stalemate between India and China in eastern Ladakh served as a virtual backdrop for the BRICS presidents’ meeting. In its role as the grouping’s chair for this year, China hosted the meeting.
In his speech, Modi said that the BRICS had undergone a number of structural changes that had improved the organization’s efficiency.
Modi claimed that by taking such concrete actions, BRICS has become a special international group whose goals go beyond discourse. People-to-people exchanges have improved thanks to the BRICS Youth Summits, BRICS Sports, and increased exchanges among think tanks and civil society organisations.
‘Vivatech 2020’ Conference: India recognized as ‘country of the year’
Europe’s biggest startup conference, “Vivatech 2020” has recognized India as the “country of the year.” It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the contribution of the Indian startups to the world. This is the recognition of Indian startups.
Minister of Railways, Communications, Electronics and Information Technology, Ashwini Vaishnaw inaugurated the India pavilion at the technology exhibition Vivatech 2020, held in Paris, France. Around 65 start-ups from India are participating in Vivatech 2022 with government support.
Indian start-up ecosystem has been growing very fast. It has been innovating at a rapid pace and now we have over 100 unicorns which reflects the scale and recognition of Indian ecosystems. The combination of billions of smartphones, billions of bank accounts with billions-plus digital identities help in enabling the creation of novel use cases for technology development in India.