Telangana Affairs
Top-class educational hub coming up in Gajwel constituency of Telangana
The government has sanctioned Rs 126.28 crore for an educational hub in Gajwel constituency which is being represented by Chief Minister K Chandrashekar Rao. The hub being executed by the Telangana State Education Welfare Infrastructure Development Corporation would house classes from six to postgraduation in English medium on a single campus.
Two separate educational hubs for boys and girls were built in Gajwel in 40 acres and 20 acres respectively.
Spacious classrooms, dining halls, libraries and laboratories have been set up with the highest standards. The total built-up area would be 4.59 lakh sq ft.
National and International Affairs
Istanbul Airport(Worlds Best Airport Shopping and Most Family-Friendly Airport).
approves $250 mn loan for road safety
The World Bank has approved a $250 million loan to support the Government of India’s road safety programme for seven States under which a single accident reporting number will be set up to better manage post-crash events.
The India State Support Program for Road Safety, financed by the World Bank, will be implemented in Andhra Pradesh, Gujarat, Odisha, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal. The $250 million variable spread loan from the International Bank for Reconstruction and Development (IBRD) has a maturity of 18 years including a grace period of 5.5 years.
The project will also establish a national harmonised crash Database system in order to analyse accidents and use that to construct better and safer roads.
It will also fund Network expansion of basic and advanced life support ambulances and training of first responder caregivers to road crash victims on the spot.
The project will also provide incentives to the States to leverage private funding through Public Private PARTNERSHIP (PPP) concessions and pilot initiatives.
According to a World Bank study, road crashes are estimated to cost the Indian economy between 5% to 7% of GDP a year. Official government data show that each year road accidents in India kill about 1,50,000 people and injure another 4,50,000. More than half of the victims are pedestrians, cyclists, or motorcyclists and almost 84% of all fatalities are among road users between the working ages of 18-60 years.
India successfully conducts VL-SRSAM missile test off the coast of Odisha