Current Affairs Today: 28 October 2017

President launches Technocity project in Thiruvananthapuram and lays foundation stone for the first government building in Technocity

The President of India, Shri Ram Nath Kovind, launched the Technocity project in Thiruvananthapuram and laid the foundation stone for the first government building in Technocity.

Speaking on the occasion, the President said that Kerala’s strengths in basic literacy and skills – and the experience of Kerala’s people in the services sector and in consumer driven industries – make this state a natural for an IT ecosystem. He stated that IT is not just important in itself. It is a force multiplier for the entire services economy. It has played a game changing role in health-care, education, tourism and many other industries. These areas are Kerala’s strengths. He was confident that the development of Technocity will provide new opportunities for the young people of Kerala.

The President said that climbing higher in the services sector value chain, Kerala has obvious advantages in three areas. The first is Information Technology. The others are tourism and health-care. These are also the areas where jobs and employment opportunities lie for our youth – especially for the talented young men and women of Kerala.

 

RM Releases Coffee Table Book on Department of Defence Production

Raksha Mantri Smt Nirmala Sitharaman released a coffee table book on the Department of Defence Production (DDP), titled ‘A journey towards self-reliance’. The first ever coffee table book on the department, it chronicles the post-independence years of development, indigenisation and production of arms, ammunition and defence equipment, with a view to achieve self-reliance for the Armed Forces of India.

The contents of the book are a remarkable collection of past and current defence equipment produced in India. Avid readers will find themselves immersed in a world of illustrations and remarkable photographs, captured at ‘the’ moments, and revealing relevant texts, which will be of interest to the ‘defence technology-savvy’ Indians.

The book epitomises the visionary approach of the Government of India seeking to establish India as a global manufacturing hub, under the ‘Make in India’ initiative. It lends credence to the sincere efforts put in by thousands of unknown faces, to mould and shape the Indian defence industry.

 

71ST Infantry Day Celebrations

71st ‘Infantry Day’ was celebrated on 27 October 2017. On the occasion, General Bipin Rawat,Lieutenant General YK Joshi, DG Infantry and Colonels of the Infantry Regiments laid the wreaths and paid homage to the braves in a solemn ceremony organised at ‘Amar Jawan Jyoti’. Subedar (Honorary Captain) Khajur Singh, VrC (Retired) represented the veterans in the Wreath Laying Ceremony.

Since the advent of warfare, the Infantry soldier has remained the pillar for decisive victory and imposition of National will. The Infantry has been at the forefront of all operations that the Indian Army has undertaken.  Battle hardened and combat rich experienced, the Infantry has a glorious history and an enviable combat record, having been awarded 17 Param Vir Chakras and 48 Ashok Chakras.

Infantry celebrates 27 October each year as the Infantry Day to commemorate the first Infantry action post independence. In response to the threat posed to the sovereignity and territorial integrity of our Nation, on this day in 1947, the leading elements of the Indian Army from 1st Battalion of the SIKH Regiment, air landed at Srinagar. This bold action by the Indian Army and resolve displayed by the Infantrymen reversed the tide of events and thwarted the nefarious designs of Pakistani Raiders aided by the Pakistan Army.

As part of the Infantry Day celebrations, Field Marshal KM Carriappa Memorial Lecture was also organized at Manekshaw Centre, Delhi Cantonment on ‘Defence Diplomacy and Management of Geo – Strategic Environment in India’s Neighbourhood’.

 

Government of India and the Asian Development Bank (ADB) sign $65.5 Million Loan to support Coastal Protection in Karnataka

The Asian Development Bank (ADB) and the Government of India signed a $65.5 million loan agreement in the national capital to continue interventions to check coastal erosion on the Western Coast in Karnataka.

The loan is the Second Tranche of a $250 million financing facility under the Sustainable Coastal Protection and Management Investment Program. The financing will be used to address the immediate coastal protection needs and for strengthening institutional capacity of Karnataka’s Public Works, Ports and Inland Water Transport Department.

Karnataka’s coast supports the state’s major economic sectors, which include fisheries, agriculture, tourism, ports and other major transport and communication sectors. Coastal erosion in the state, where the project is focused, poses a high risk to human wellbeing, economic development, and ecological integrity through loss of land, infrastructure, and business opportunities. Under increasing threat from climate change impacts, coastal protection and management has evolved as a major challenge to development. Effective and sustainable management of the shoreline is thus vital to sustainable economic and social development of the coastal regions in the state.

The Second Tranche Loan from ADB’s ordinary capital resources has a 20-year term. The State of Karnataka, acting through its Department of Public Works is responsible for implementation of overall program, which is due for completion by September 2020.

 

Permanent campuses for six new IITs by 2020

The Union Cabinet on 24th October 2017 approved a Rs. 7,002 crore plan for construction of permanent campuses for six new IITs, to be completed by 31st March 2020. Each campus will have facility for housing 1,200 students, beginning from the academic year 2020-2021.

Currently, these institutions are functioning from temporary campuses with a total strength of 1,530 students. After construction of the campuses, this strength will go up to 7,200.

The Hon’ble Finance Minister in his Budget Speech 2014-15 had announced establishment of five new IITs in Andhra Pradesh, Kerala, Jammu & Kashmir, Goa and Chhattisgarh. Further, in the Budget Speech 2015-16, establishment of an IIT in Karnataka was announced.

In pursuance to the Budget announcements, the academic sessions in IITs at Tirupati and Palakkad started in 2015-16 and in IITs at Dharwad, Bhilai, Jammu and Goa in 2016-17, from their respective temporary campuses.