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Daily News Digest:30 September 2021

PM INAUGURATED CIPET: INSTITUTE OF PETROCHEMICALS TECHNOLOGY, JAIPUR

On 30th Sep 2021, Prime Minister Shri Narendra Modi inaugurated CIPET: Institute of Petrochemicals Technology, Jaipur through a video conference.

It is self-sustainable and dedicatedly serves the needs of the petrochemical and allied industries. It will educate the youth to become skilled technical professionals.

DOUBLING OF NIMACH-RATLAM RAILWAY LINE

The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi has approved the doubling of the Nimach-Ratlam railway line. The estimated cost of the project will be Rs.1,095.88 crore and its escalated / completion cost is Rs.1,184.67 crore. The total length of the doubling of the line is 132.92 km. 

JEEL ALBENA ASSOCIATION FOR HUMANITARIAN DEVELOPMENT RECEIVED 2021 UNHCR NANSEN REFUGEE AWARD

A humanitarian organization from Yemen has been declared the winner of the 2021 UNHCR Nansen Refugee Award. The organisation is named “Jeel Albena Association for Humanitarian Development”.

EMERGENCY CREDIT LINE SCHEME (ECLGS) EXTENDED TILL 31.03.2022

Since its launch, Emergency Credit Line Guarantee Scheme (ECLGS), has extended relief to more than 1.15 crore Micro, Small and Medium Enterprises (MSMEs) and businesses. To support a number of businesses impacted by the 2nd wave of COVID 19 pandemic, it has been decided to extend the timeline of the Emergency Credit Line Guarantee Scheme (ECLGS) till 31.03.2022 or till guarantees for an amount of Rs 4.5 lakh crore are issued under the scheme, whichever is earlier.

HWASONG-8 SUCCESSFULLY TESTED BY NORTH KOREA

On September 28, 2021, North Korea successfully tested a new hypersonic missile called Hwasong-8 in a bid to increase the nation’s capabilities for self-defence.

INDIA EXPORT INITIATIVE AND INDIAXPORTS 2021 PORTAL OF INDIA INAUGURATED

On 29th Sep 2021, Union Minister for MSMEs Shri Narayan Rane virtually inaugurated the India Export Initiative and IndiaXports 2021 Portal of India SME Forum. It aims to orient MSMEs free of cost, to focus on the export potential in existing tariff lines and support MSMEs to grow the number of exporting MSMEs and increase MSME exports by 50% in 2022 and contributing to the PM’s dream of the US $5 Trillion Economy.

NASA’S LUCY MISSION IS ALL SET TO LAUNCH TROJAN ASTEROIDS

NASA has tested the functions of Lucy, its 1st spacecraft to study Jupiter’s Trojan asteroids. It is filled with fuel and is preparing to pack into a capsule for launch.

Lucy Mission will go for a 12-year journey after getting boosts from Earth’s gravity. The 12-year journey will be finished across 8 different asteroids including one in the Main Belt between Mars & Jupiter and seven Trojans.

NTPC REL SIGNED ITS FIRST FIRST GREEN TERM LOAN AGREEMENT WITH BOI

On 29th September 2021, NTPC Renewable Energy Ltd (REL) a 100% subsidiary of NTPC Ltd, signed its 1st Green Term Loan agreement with the Bank of India (BOI). The agreement is of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India for its 470 MW Solar Projects in Rajasthan & 200 MW Solar Project in Gujarat.

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