2nd December, 2023 Current Affairs

NATIONAL
Union Home Minister Amit Shah Approves ₹1,658 Crore Recovery and Reconstruction Plan for Joshimath

• Joshimath, a town in Uttarakhand, faced severe challenges due to landslides and ground subsidence. The high-level central committee, led by Union Home Minister Amit Shah, approved a comprehensive recovery and reconstruction (R&R) plan amounting to ₹1,658.17 crore to address the aftermath of these natural disasters.
• The National Disaster Response Fund (NDRF) will contribute ₹1079.96 crore through the Recovery and Reconstruction window.
• The state will provide ₹126.41 crore from its State Disaster Response Fund (SDRF) and an additional ₹451.80 crore from the state budget.
• The Ministry of Home Affairs (MHA) aims to execute the recovery plan for Joshimath over three years, employing Build-Back-Better (BBB) principles, sustainability initiatives, and other practices. The MHA has designated technical agencies under the guidance of the National Disaster Management Authority (NDMA) to assist the state government in formulating and executing the recovery plan.

Amplifi 2.0: Urban Affairs Ministry’s Data Initiative For Indian cities

• The Union Ministry of Housing and Urban Affairs in India has embarked on a groundbreaking initiative to centralize and streamline raw data from cities across the country. Launched as the Amplifi 2.0 (Assessment and Monitoring Platform for Liveable, Inclusive and Future-ready urban India) portal, this endeavor aims to facilitate data-driven policy-making, empower academics, researchers, and engage stakeholders in the urban development process.
• The platform, operational for three weeks, has successfully onboarded 225 urban local bodies (ULB), with data currently available for 150 cities. However, the process revealed a significant challenge—lack of data maturity in cities. As a result, only 150 ULBs were initially able to share their data. In response, the Ministry sent data quality parameters to all cities, emphasizing the importance of comprehensive and reliable data.

Bharat Coking Coal Ltd Starts 5.0 MTPA Madhuband Washery Operations

• Bharat Coking Coal Limited (BCCL), a key player under the Ministry of Coal, has achieved a significant milestone with the initiation of commercial operations at its state-of-the-art 5.0 MTPA Madhuband Washery. The washery was formally inaugurated by Union Minister of Coal, Mines, and Parliamentary Affairs, Shri Pralhad Joshi, marking a momentous occasion for the coal and steel sectors in India.
• The facility, formally opened in March 2022 stands out for its technological advancements and logistical efficiency, solidifying its position as one of the largest Coking Coal Washeries in India.
• The facility has undergone rigorous Load Tests, Trial Run, and Performance Guarantee Tests (PGT) to ensure its operational efficacy, showcasing BCCL’s commitment to delivering cutting-edge solutions to the coal industry.

Also Read: Weekly Current Affairs (Important Dates) 4-10 November 2023 Bitbank: When is World Tsunami Awareness Day celebrated?

                         >> Download Current Affairs PDFs Here

                              Download Sakshi Education Mobile APP

INTERNATIONAL
UAE commits record 30 Billion dollar to World Climate Action Summit at COP28

• Amidst the gathering of global leaders at COP28, the United Arab Emirates, COP28 Presidency, on Friday ( 1st  December 2023) declared an unprecedented 30 billion dollar commitment to ALTÉRRA, a climate-focused investment vehicle. This initiative aims to revolutionize International climate finance, prioritizing equitable access for the Global South.
• With the 30 billion dollar pledge, ALTÉRRA now stands as the world's largest private investment vehicle dedicated to climate action, with a targeted mobilization of 250 billion dollar globally by 2030. The primary focus is to guide private markets towards climate investments and bring transformative change to emerging markets and developing economies, where traditional investments face higher risks.
• Described as a defining moment by COP28 President Dr. Sultan Al Jaber, the launch of ALTÉRRA signifies the establishment of a new era in international climate finance. Dr. Al Jaber, who will chair ALTÉRRA's Board, stated, ALTÉRRA provides a transformational solution for attracting private capital. Its scale and structure will create a multiplier effect in climate-focused investment, making it a vehicle like no other.

Published date : 02 Dec 2023 04:00PM