20.11.21 Daily [Uttar Pradesh] UPPSC Current Affairs

In the Uttar Pradesh city of Jhansi, Prime Minister Narendra Modi handed over an advanced electronic warfare system known as ‘Shakti’ to the Navy on 19 November 2021.

Highlights:

Shakti is designed to intercept, detect, classify, identify, and jam both traditional and modern radars. Defense Research and Development Organisation (DRDO) built it for the Navy’s capital warships.

The Prime Minister also presented the Chief of the Naval Staff with a miniature replica of the Shakti EW System at Jhansi Fort as part of the three-day ‘Raksha Samarpan Parv,’ .

Shakti will improve the navy’s electronic intelligence capability for early warning, ship defense against missile assault, marine domain awareness, intelligence, surveillance, and reconnaissance, and assure electronic dominance in maritime warfare, according to the announcement made at the ceremony.

As an account aggregator, the Reserve Bank Of India (RBI) has certified the ” e-Governance Infrastructure.”

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The NSDL e-Governance Infrastructure is a provider of IT-enabled Services.

It received RBI’s in-principle clearance to start an account aggregator business through NSDL e-Governance Account Aggregator Ltd, a fully owned subsidiary.

Account Aggregator (AA) model The Account Aggregator (AA) model, with its unique architecture for Consent-based data exchange, has the potential to alter the way financial services are delivered.

It’s a financial data-sharing system that has the potential to transform investing and lending.

The Account Aggregator is a key component in enabling data Democracy. It’s a first-of-its-kind permission system designed to give people control over their data.

In his address on November 19, 2021, Prime Minister Narendra Modi said that the federal government will abolish all three <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture laws.

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Farmers who are protesting were also asked to return to their houses.

Farmers around the country began protesting the agricultural rules a year ago, and the decision to abolish them was made one year later.

These laws will be repealed during Parliament’s Winter Session.

Farmers’ main fear was that these regulations would eliminate the Minium Support Price (MSP), which is guaranteed by the government on certain crops.

Farmers will soon be at the mercy of large corporations.

In India, the majority of farmers are small-scale farmers, according to the Prime Minister.

To assist these farmers, the central government uses a multi-faceted approach that includes everything from seed technology to crop Insurance plans.

The three farm bills were introduced to help small farmers by empowering and strengthening them.

The government, on the other hand, was unable to persuade a group of farmers who were protesting. The laws were repealed in Light of this.

On the second day of the MSME North East Conclave, Union Minister for MSME Narayan Rane announced the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the <a href="https://exam.pscnotes.com/Services-sector”>services sector.

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Senior authorities from the Ministry of MSME in Guwahati were also in attendance.

The scheme would assist companies in the services sector in meeting their technology-related requirements by providing a 25% capital subsidy for the purchase of plant and machinery, as well as service equipment, through institutional credit to SC-ST MSEs without any sector-specific limits on technology upgradation.

The Minister also congratulated North-eastern SC/ST entrepreneurs and encouraged young people to pursue in order to become EMPLOYMENT creators rather than job seekers. Shri Rane promised the youngsters that the Ministry of MSME will leave no stone unturned in their quest to become successful entrepreneurs.

Fumio Kishida, Japan’s Prime Minister, launched a record-breaking stimulus plan of over 56 trillion Japanese yen.

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