Current affairs 22 July 2023

Gujarat to get country’s first Satellite Network Portal Site.

• Gujarat will get the country’s first Satellite Network Portal Site. London-based company OneWeb and the state gov signed MoU for the establishment of the Satellite Network Portal Site’ in Gandhinagar
• Aims: To provide affordable, secure and high-speed internet access to villages, district panchayats, local administrative bodies and government departments
• OneWeb is setting up two SNPS and one of them will be in the Mehsana district of Gujarat.

India, Japan signs MoU to develop resilient semiconductor supply chain.

• India and Japan have signed a Memorandum of Cooperation aimed at fostering a robust semiconductor supply chain.
• According to Mr. Vaishnaw, the Electronics and IT Minister, this MoU reflects the global belief in India's competence and dedication to establishing a comprehensive semiconductor ecosystem in the country.
• Japan is an important semiconductor producer and technology developer.
• There will be cooperation on Manufacturing, Equipment Research and Design.

Nuclear power capacity to increase from over 7000 MW to 22,480 MW by 2031.

• According to Minister of State for Atomic Energy and Space minister Dr Jitendra Singh, Nuclear power capacity has set to increase from over 7000 Mega Watt to over 22480 Mega Watt by 2031.
• The present installed nuclear power capacity in the country is seven thousand 480 Mega Watt comprising 23 nuclear power reactors.
• The share of nuclear power in the total electricity generation in the country was about 2.8 percent in 2022-23.

OPPO India set up first PPP-model Atal Tinkering Lab in Kerala.

• OPPO India in collaboration with NITI Aayog’s Atal Innovation Mission has announced the establishment of the first-ever Atal Tinkering Lab, based on the Public-Private Partnership model in Kerala.
• Objective: To create an empowered future-ready workforce and nurture entrepreneurship and technological skills among the youth.
• The collaboration holds great significance to promote out of the box thinking and instill community-oriented problem-solving skills in students

First ever "Credit Guarantee Scheme" for Livestock Sector launched.

• MThe DAHD has launched a Credit Guarantee Scheme specifically designed for the Livestock Sector.
• Objective: To ensure that the credit facility from the lender is solely secured based on the primary security of the financed assets.
• Scheme: Access to financial resources for the un-served and under-served livestock sector, this makes financial assistance from lenders accessible to primarily first-generation entrepreneurs and underprivileged segments of society.