International News
Seventh ISA Assembly Inaugurated in New Delhi on November 4, 2024
- The main aim of this assembly was to promote the use of solar energy and facilitate cooperation among member countries to address their energy needs sustainably.
- The theme for this year’s session was "Together for a Sustainable Future," emphasizing the collective efforts required to combat climate change and promote renewable energy.
- The event saw the launch of several key initiatives, such as the Global Solar Facility and the SolarX Startup Challenge, which aim to enhance technological advancements, financing solar projects, and building capacity in member countries.
On 16 October, the first ASEAN-India Track 1 Cyber Policy Dialogue held in Singapore
- The dialogue, themed "Advancing Digital Transformation and Strengthening Cybersecurity Cooperation",.
- The theme aimed to bolster the ASEAN-India Comprehensive Strategic Partnership by discussing cyber threat landscapes, national cyber policies, threat assessment, and recent ICT developments at the UN.
- Key highlights included exploring cooperation in capacity building and training and implementing the ASEAN-India Joint Statement on Advancing Digital Transformation.
National News
Digital Life Certificate Campaign 3.0 was launched on 6 November by Dr Jitendra Singh
- This campaign is designed to make the process of submitting life certificates simpler and more convenient for pensioners.
- By using digital platforms, pensioners can now submit their life certificates online without having to visit physical offices.
- This initiative aims to ensure transparency, reduce hassle, and make the entire process more efficient for senior citizens who rely on these certificates for their pensions.
Cairn Oil & Gas joins UN’s Methane Reduction Initiative, 1st in India
- This initiative, signed on November 4, 2024, in Abu Dhabi, requires Cairn to set a five-year methane reduction target and report its progress transparently.
- The partnership aligns with Cairn's commitment to achieving net-zero carbon emissions by 2030.
- Key Points:
- Methane Reduction Target: Cairn will establish a five-year target to reduce methane emissions.
- Transparent Reporting: Progress will be reported to OGMP, ensuring accountability and transparency.
- Global Impact: OGMP 2.0 covers over 40% of global oil and gas production, aiming to reduce methane emissions by 30% by 2030.
- Environmental Commitment: Cairn has already reduced potential gas flaring volume by 60% over the past four years.
Banking
Punjab & Sind Bank launches e-Bank Guarantee facility
- This new system replaces traditional paper-based bank guarantees with e-stamping and e-signatures, enhancing security, transparency, and efficiency.
- The initiative aims to reduce fraud, save time, and improve the ease of business for applicants and beneficiaries.
- Swarup Kumar Saha, MD & CEO of Punjab & Sind Bank, expressed delight in joining hands with NeSL for this facility, highlighting its potential to curb frauds and reduce turnaround time.
Namo Drone Didi Scheme for Women SHGs Launched
- The scheme aims to empower Women Self-Help Groups (SHGs) by providing 14,500 drones for agricultural services, such as spraying liquid fertilizers and pesticides.
- The government provides 80% financial assistance for drone procurement, with the remaining funds available through loans.
- The scheme includes comprehensive training for SHG members and aims to create sustainable livelihood opportunities.
- Key points of the scheme:
- Financial outlay: the scheme has an allocated budget of rs.1261 crore.
- Target group: women self help groups (shgs).
- Components: the guidelines detail the governance structure, financial assistance, training programs, and implementation framework.
- Implementation: the scheme will be rolled out in phases, with specific timelines and milestones for different activities.
- The initiative aims to boost agricultural productivity through technology and empower women in rural areas by providing them with the tools and training needed to operate drones effectively.