Subsidy under Operation Greens Scheme
Shri Narendra Singh Tomar stated that subsidy under Operation Greens TOP to TOTAL under the visionary leadership of PM Narendra Modi is the significant step towards Atmanirbhar Bharat. Operation Green Scheme provides a 50% subsidy on the transportation and storage of some specific fruits and vegetables in case the prices fall from the triggered price. It has brought many schemes for farmers. The transportation subsidy will be available under the Kisan Rail scheme, and farmers can directly claim online to MoFPI.
Compilation of India’s hydrogen and fuel cells research status launched
Professor Ashutosh Sharma, Secretary of the Department of Science and Technology, has launched the compilation of India’s hydrogen and fuel cells research. India’s participation in “Mission Innovation Renewable and Clean Hydrogen Challenge” has come up with the compilation titled as “India Country Status Report on Hydrogen and Fuel Cells.” The mission is decarbonisation, and the hydrogen is considered as the cleanest energy source. Thus, it can be the best part to transform climate-neutral systems.
IMF: India’s economy to see lower output
IMF Chief Economist Gita Gopinath said that the 2020 growth projection with 0.8 % in June had been revised upwards. It is expected that the 2021 recovery will be at 5.2%. Where China’s output was expected to exceed 2019 levels in 2020, the developed market economy was projected the opposite.
The Fund projects with 90 million people could fall even below the $1.90/day.
New principal for the freedom of Indian hostages
On October 11, 7 Indian hostages in Libya have been released after around a month of negotiations. In the absence of a resident Ambassador, the responsibility of the safe release of the workers with AI Shola AI Mudra energy company delivered to Tabassum Mansoor, the principal of the city’s Indian-led English-medium educational centre and resident of Benghazi since three decades.
U.S. plans to build an Indo-Pacific NATO
Chinese officials highlighting the Quad prominently but once they were downplaying it. Chinese Foreign Minister said the U.S. aimed to build an Indo-Pacific NETO on the Quad (US, Japan, Australia, and India). It maintains social and political dominance of the U.S. The US Secretary of State, Mike Pompeo termed China as the threat.