28.12.22 Daily [Uttar Pradesh] UPPSC Current Affairs

Uttar Pradesh Affairs

Follow 5Es to check road accidents: CM

Uttar Pradesh Chief Minister Yogi Adityanath has asked officials to follow the ‘5E’ formula of Education, enforcement, engineering, emergency care and Environment to curb road accidents.

He also termed as “worrying” the fact that while COVID-19 claimed 23,600 lives over three years in UP, road accidents led to the loss of 21,200 lives in just one year 2022.

The will be carrying out a month-long campaign on road safety from January 5 to February 4. Chief Minister Yogi Adityanath said the responsibility for road safety was not just limited to one department and community effort was needed to prevent accidents.

Other than poor road engineering, over speeding, overloading, not using safety equipment and driving in inebriated state were the major causes of road accidents.

Most cases take place in large cities like Kanpur Nagar, Agra, Prayagraj, Aligarh, Bulandshahr and Mathura.

The chief minister said that efforts should be made to focus on national highways and expressways linked with these cities. He said a task force should be set up to check overloading.

National and International Affairs

Indiawas among the top five markets, globally, in terms of equity fundraising despite the quantum of funds raised declining by 43 per cent. According to a report byKotak Investment Banking, funds to the tune of $16.4 billion were transacted via equity capital market (ECM) activity in India in 2022.

Indias outperformance comes on the back of a sharper decline in ECM activity in major markets such as theUnited Kingdom,Australiaand<a href="https://currentaffairs.adda247.com/india-and-japan-to-conduct-joint-exercise-to-strengthen-cooperation-in-air-DEFENCE/”>Japan. ECM activity globally took a hit on account of heightened volatility amid rising interest rates.

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