Riding on Mopa, tourism, mining, Goa expects 10.3% growth this year
After years of sluggishness due to the Covid-19 pandemic, the state government expects Goa’s economy to grow by 10.3% in the coming financial year. The growth is likely to be driven by the newly-constructed Manohar International Airport at Mopa, tourism, and the anticipated resumption of mining activities.
The government’s optimistic outlook is revealed in the Economic Survey report for 2022-23, which was tabled in the state legislative assembly by CM Pramod Sawant.
The Economic Survey sheds light on the impact of the Covid-19 pandemic, pointing out that against the average growth rate of 6% in 2017 and 2019, Goa witnessed a degrowth of -6.6% during the outbreak. However, Goa’s economy has bounced back since then, and is on course to register a growth of 9% in the 2021-2023 period. These estimates are at current prices and not indexed against inflation.
As per the finance department’s advance estimates, the value of Goa’s economy in 2022-23 is Rs 90,641 crore. “The Goan economy is in a favorable position to witness growth of 10.3% in 2023-24,” said the Economic Survey.
Phase-1 of the Mopa airport commenced operations in January, and the survey states that more than 1,300 Goans have gained employment at the privately-owned and operated airport.
The government has also initiated the ‘Mopa Plantation Programme’ to encourage locals to plant indigenous species of plants along with cash crops in the vicinity of the airport.
Connectivity plans must be consultative: NSA
The SCO meeting of top security officials on Wednesday saw NSA Ajit Doval emphasising on the need for connectivity initiatives to be consultative and transparent, while also underlining the need to identify and implement sanctions against global terrorist entities.
With both China and Pakistan participating, albeit virtually, Doval recalled that the SCO Charter called upon member-states to have mutual respect for sovereignty, territorial integrity of states and inviolability of state borders, and to not seek any unilateral military superiority in adjacent areas.
India holds the presidency of Shanghai Cooperation Organisation this year and will host the summit in July.
India’s First Quantum Computing-based Telecom Network Link Now Operational: Ashwini Vaishnaw
India’s first quantum computing-based telecom network link has been made operational between Sanchar Bhawan and National Informatics Centre office in New Delhi. Telecom Minister Ashwini Vaishnaw announced prize money of Rs 10 lakh for ethical hackers who can break the encryption of the system and also launched a hackathon challenge for anyone who can break the system developed by C-DoT, with a reward of Rs 10 lakh per break
A quantum computing-based telecom network uses the principles of quantum physics to transmit information, providing a more secure method than traditional networks. Quantum communication relies on quantum mechanics properties, making it hard to intercept or hack the communication
India’s largest Space Rocket LVM3 went off from SDSC Centre, ISRO placed 36 OneWeb Satellites
ISRO’s big rocket LVM3 took off early morning today i.e. March 26, 2023 (Sunday). The launch was initiated at the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The Launch Vehicle Mark-III (LVM3) placed a total of 36 satellites.
Moreover, these spacecraft align with India-2 Mission owned by UK-based OneWeb Group. The production has integrated 36 satellites that were successfully executed by the space station into orbit. The Indian Space Research Organisation (ISRO) is the fast-growing and India’s leading space technology centre that carries out multiple missions.
Indian Army to set up GSAT 7B Satellite
GSAT 7B, an advanced communication satellite will be launched by 2026 for the Indian Army that will aid them in their complex missions.
The Ministry of Defence collaborated with NewSpace India Limited (NSIL) for a project worth Rs 3,000 crore to support and increase Army’s overall capabilities.
The satellite will be indigenously built by ISRO with its unique security features. This will strengthen the army personnel in India by providing high-level communication facilities to troops deployed in various fields.
Centre identifies 70K women influencers contributing big to govt’s Garbage Free City mission
Recognising the women driving the government’s Swachhta mission across cities and to make them free from garbage, the Centre has identified nearly 70,000 such women influencers who are engaged in door-to-door collection, segregation and management of municipal waste. Most of them are part of women-led Self Help Groups (SGHs).
The housing ministry said on Wednesday that out of the 9,000 SHGs, nearly 4,000 are working in the solid waste management sector and efforts are being made to extend assistance to such groups so that their members have better income and also take up more work. According to the ministry, four lakh women are directly engaged in sanitation and waste management as an enterprise in urban India.
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