23.05.23 Daily [Uttar Pradesh] UPPSC Current Affairs

Uttar Pradesh Affairs

UP exports rise by Rs 10,000 crore in comparison to 2021-22: FIEO

The latest data with theFederation of India Exports Organisation(FIEO) shows thatUttar Pradesh’s exports have gone up by Rs 10,000 crore in the past year.

Noida, which is among the most industrialised areas in the state, has topped as the district with most exports at Rs 74,000 crore.
FIEO says that the government’s subsidies to counter the high costs of transportation in view of UP’s landlocked status and push to the one district-one product scheme, have helped in taking the exports up.

As per the data, the total quantum of exports from UP in 2021-22 was Rs 1.57 lakh crore while from April 2022 to February 2023, it touched Rs 1.59 lakh crore. Sources said that with the input from March 2023, it was expected to touch around Rs 1.67 lakh crore.

Compared to other states, UP still has massive potential for improvement.
In 2021-22, Gujarat topped all states with exports of Rs 9.46 lakh crore, followed by Maharashtra with Rs 5.45 lakh crore. UP is fifth on the list, behindTamil Naduand Karnataka.

UP is prominently exporting to the USA, UAE, Germany,United Kingdom, Nepal, France, Spain,Vietnam, Saudi Arabia and Bangladesh. Among the products which are driving up the state’s exports are telecom instruments, buffalo meat, RMGCottonincluding accessories, RMG manmade fibre, leather footwear, saddlery and harness, aluminum and aluminum products, silk and handmade carpets, machinery and engineering goods, wheat, rice, sugar, iron and steel, handicrafts etc.

National and International Affairs

Banks will finance solar goods soon: Power Min

In a move that would make the decentralised (DRE) livelihood applications such as solar dryer, solar or Biomass powered cold storage/chiller, solar charkha, etc affordable, the Government is mooting a mechanism wherein banks will dole out finance for purchase of such solutions which are not only energy efficient but also economically viable.

If a family wants to own a solar dryer, they should be able to get financing from the banks we will work towards it. Manufacturers and users of DRE for livelihoods are pioneers and now the government will scale it up to the next level, said Union Power Minister RK Singh at the national summit on powering sustainable livelihoods held recently. He said that a new scheme for distributed applications of renewable energy (RE) is on anvil. There is already major work happening on the ground and our scheme could benefit lakhs of families across the country. However, for that government will, however, need large scale-manufacturing and standardising of distributed applications of RE to lower prices and expand the sector.

S Korea launches first commercial-grade satellite

South Korea successfully launched a commercial-grade satellite for the first time as part of its growing space development program, as rival North Korea is pushing to place its first military spy satellite into orbit. The two Koreas, technically in a state of war, have no military reconnaissance satellites of their own and both are eager to possess them.

The domestically built three-stage Nuri rocket lifted off from a launch facility on a southern island with a payload of eight satellites, including a main commercial-grade satellite whose mission is to verify radar imaging technology and observe cosmic radiation in a near-Earth orbit.

The launch boosted South Koreas hopes of catching up with Asian neighbors such as China, Japan and India in a regional space race.

Lee, the science minister, said South Korea plans to conduct three more Nuri rocket launches by 2027 and will seek to develop more advanced launch vehicles.

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