Telangana Affairs
Statehood spurs Telangana GSDP, up Rs 6.7 lakh crore
Comparative figures of the Gross State Domestic Product (GSDP) of before and after formation depict a dramatic Growth where the state rapidly added 6.7 lakh crore worth GSDP in the last eight years (from 2014-15 to 2020-21).
In contrast, only 2.67 lakh crore worth GSDP was accumulated in the eight years preceding the formation of the state (from 2006-07 to 2013-14). Statistics of Telangana districts in combined Andhra Pradesh revealed, for the first time, that the state had GSDP worth 1.26 lakh crore in 2006-07 which escalated to 3.91 lakh in 2013-14 (the fiscal year before formation).
In a Parliament reply, it was said that Telangana (in 2021-22) possesses 11 lakh crore worth GSDP, progressing from 4.30 lakh crore worth of GSDP from the year of formation (2014-15).
The figures are intriguing given that chief minister K Chandrasekhar Rao during his recent public meeting in Mahbubnagar claimed that Telangana had lost 3 lakh crore GSDP in the last eight years due to the inefficiency of the central government. According to him, the state would have attained 14 lakh crore GSDP had the Centre chipped in.
Telanganas GSDP growth rate was projected at 10.88% in the last fiscal year (2021-22), the second highest, after 2014. Post formation, Telangana had the highest GSDP growth rate in the 2015-16 fiscal year at 11.58%, a massive push from the initial GSDP growth rate of just 6.76% in 2014-15.
The plan is to achieve this with a compound annual growth rate (CAGR) of 14.5% as against the actual GSDP growth rate of Gujarat at 12.3% in the last decade.
National and International Affairs
Road accidents linked to fog claimed 13,372 lives in 2021
Road accidents caused due to foggy and misty weather conditions claimed 13,372 lives in 2021 and another 25,360 were left injured more than half were grievously injured. Among states and UTs,Uttar Pradeshrecorded a maximum of 3,782 fatalities, followed by Bihar (1,800) andMadhya Pradesh(1,233) on this account. Goa, and Lakshadweep did not report any road death due to this reason.
As per the latest report titled Road Accidents in India published by the road transport ministry, among the million-plus cities, all the top six cities reporting high number of such fatalities were from UP. While Kanpur reported a maximum of 173 fatalities, Agra recorded 108 deaths and the other cities that saw a high number of deaths werePrayagraj(97), Ghaziabad (91) Lucknow (67) and Varanasi (56).Patnaalso recorded 56 such deaths.
India, ADB sign $125 million loan to improve Urban Services in Tamil Nadu
The Government of India and Asian (ADB) today signed a $125 million loan to develop Climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu.
The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship Investment Program were Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Hoe Yun Jeong, Officer-in-Charge of ADBs India Resident Mission who signed for ADB.
The financing is the third and the last tranche of the $500 million multi-tranche financing facility (MFF) for the Program approved by ADB in 2018 to build priority water supply, sewerage, and drainage Infrastructure in strategic industrial corridors across 10 cities in the state. The tranche 3 loan covers Coimbatore, Madurai, and Thoothukudi.
Ministry of Rural Development launches Prajjwala Challenge inviting ideas, solutions and actions to transform rural economy
With an aim to invite ideas, solutions and actions that can transform rural economy, the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has launched the Prajjwala Challenge. It is one of the platforms where ideas are invited from individuals, Social Enterprises, Start up, Private Sector, Civil Society, Community Based Organization, Academic Institution, Start-ups, Incubation centres, Investors etc having potential to transform the rural economy.
DAY-NRLM is one of the flagship <a href="https://exam.pscnotes.com/POVERTY-alleviation”>Poverty Alleviation programs of the Ministry of Rural Development, which aims at creating efficient and effective institutional platforms of the rural poor, enabling them to increase household income through sustainable livelihoods enhancements and improved access to financial Services.
UNESCO heritage sites tentative list: Sun Temple & Vadnagar town Rock cut sculpture added
Three new cultural sites in India, including the iconic Sun Temple at Modhera, historic Vadnagar town in Gujarat, and rock-cut relief sculptures of Unakoti in Tripura, have been added to the tentative list of UNESCO . The UNESCO website describes a tentative list as an inventory of those properties which each State Party intends to consider for nomination.
The Sun Temple in Modhera, Gujarat, is dedicated to Surya Dev and is situated on the left bank of the Pushpavati River, a tributary of the River Rupan. It is the earliest of such temples, setting trends in architectural and decorative features and perfectly illustrating the Solanki style. Itscomponentsthe main temple shrine (garbhagriha), a hall (gadhamandapa), an outer hall or assembly hall (Sabhamandapa or rangamandapa), and a sacred pool (Kunda), now known as Ramakundaare all built in the Marugurjara architectural style. This eastfacingtemple is built of bright yellow sandstone.
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