18-11-22 Daily -Goa- GPSC Current Affairs

TheUniongovernment has reduced the export duty on iron Ore below 58-grade from 50% to nil. The decision of the Centre, ahead of the auctioning of four mining blocks, may receive huge response from mining and steel companies to participate in the auction. The Union Government in May this year had increased the export duty on iron ore.

Most of the iron ore produced in Goa is low grade (below 58-grade), and most of it is exported. The Centre had also hiked export duty on ore above 58-grade to 50% from existing 30%. But it has also reduced it to 30%.

Mining in Goa came to a halt in March 2018, after theSupreme Courtquashed the second renewal of 88 mining leases.

The has put up four mining blocks for auction, of which three are in the north and one is in the south, and over 24 companies have shown interest in participating in the auction.

This is for the first time that the state government is auctioning leases to carry out mining activities in the state. The state government has revised the timeline for the auctioning process. Major steel and iron ore mining companies from outside Goa have shown interest in operating mines in the state.

The Ministry of Textiles in PARTNERSHIP with Northern India Textile Research Association (NITRA) and Indian Technical Textile Association (ITTA) organized a full-day event National Conclave on Technical Textiles Protech here today. The Chief Guest, Ms. Rachna Shah, Secretary, Ministry of Textiles, Government of India, inaugurated the Conclave.

There were three panel discussions in the conclave covering Prospect of indigenisation of Protective Textile products in India, Experience and Expectations of consumers towards adoption of Indian protective textiles and Market promotion & Export opportunities of Protective Textiles in India along with Global Best Practices.

The (TRAI) has organized a Conference on “Rating of Buildings or Areas for Digital Connectivity”. In the year 2022, when country is celebratingAzadi ka Amrit Mahotsav, TRAI has also completed 25-years of its existence. The Conference is organized as a part its year-long silver Jubilee celebration.

The conference was organised in the spirit of the proactive role of TRAI to work in collaboration with Industry and other stakeholders and ensure good Quality Telecom Services are delivered to the consumers inside the building keeping pace with the new and emerging technologies.

ix years afterdemonetisation, people are still paying or accepting black in real estate transactions and many continue to buy and sell products without proper receipts, according to aLocalCirclessurvey.

Although many have adopted digital modes of payment — with the shift gathering pace during the pandemic — the verdict on demonetisation is still not clear on whether it has delivered its set goal of weeding out black money and checking the Growth of the parallel economy.

LocalCircles said that 44% of those surveyed, who bought a property in the last 7 years, had to pay a component in cash.

Exercise Sea Vigil was conceptualized in 2018 to strengthen Indias coastal DEFENCE by improving coordination between various stakeholders.

It is a build-up towards the larger TROPEX exercise.

It covers Indias entire 7,516 km coastline as well as 2 million sq km of Exclusive Economic Zone (EEZ).

This national-level exercise provides the opportunity at the apex level to assess Indias preparedness in the maritime security domain and the coastal defence.

It provides a realistic assessment of Indias strengths and weaknesses and helps the country boost its maritime and national security.

The exercise is the largest in India in terms of geographical extent, the number of stakeholders, the number of units involved, and the broad objectives.

Russian Deputy Prime MinisterDenis Manturovheld talks withExternal AffairsMinisterS Jaishankar and they noted bilateral trade turnover may reach USD 30 billion by the end of this year, according to a statement released by the Russian embassy.

The talks betweenManturovandJaishankarwere held in the format of India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological andCultural Cooperation(IRIGC-TEC).