Gujarat Affairs
Gujarats ECLGS borrowings 3rd-highest in India
Signalling greater financial requirements to meet WORKING CAPITAL needs of Micro, Small and Medium enterprises (MSMEs),Gujarathas had the third highest borrowing under theemergency creditline guarantee scheme(ECLGS).
According to the latest report of the state-level bankers committee (SLBC), Gujarat, Rs 20,862 crore was borrowed under ECLGS the third highest amount in India after Maharashtra and Nadu. Guarantees worth this amount have been issued by the National Credit Guarantee Trust Company Limited (NCGTCL).
Bankers and Industry stakeholders say that Gujarat is not just a manufacturing-heavy state but also is Home to various MSMEs, which faced increased cash needs soon after the pandemic began. When industry was faced with higher freight and raw material costs, their working capital needs shot up further. Gujarat had some 12.18 lakh MSMEs as of July 2021, according to data from the MSME ministry tabled in Parliament.
Gujarat is a manufacturing-heavy state with a high number of MSMEs. The emergency credit extended by way of government guarantees provided to businesses came as a huge booster to industries that were struggling for working capital due to pandemic-induced disruptions.
National and International Affairs
INS Khukri Decommissioned
The INS Khukri (P49), India’s first indigenously built missile corvette, was decommissioned on December 24, 2021, after 32 years of service at Visakhapatnam.
Highlights:
The , decommissioning pennant, and naval ensign were all lowered at sunset during the decommissioning ceremony.
On August 23, 1989, the Mazagon Dock shipbuilders completed the INS Khukri.
It was unique in that it served in both the Western and Eastern Fleets.
The ship was commanded by 28 commanding officers during her service with the INDIAN NAVY.
It traveled over 6,44,897 nautical miles, which is the equivalent of 30 times around the world or three times the distance between the Moon and the Earth. The ship was assigned to the Indian Army’s Gorkha Brigade.
Indian Armys In-house Messaging app
The Indian Army has launched ASIGMA, a modern messaging app that stands for “Army Secure IndiGeneous Messaging Application.”
Highlights:
The AWAN (Army Wide Area Network) messaging application will be replaced by ASIGMA. For the past 15 years, AWAN has been in operation.
On Army-owned hardware, the ASIGMA app has been distributed. It will serve the army from now on, and it will be able to provide lifetime support with future upgrades.It has been designed to meet all future requirements for the Indian army while also providing a better user experience.
The app includes a number of modern features, such as multi-level security, message prioritization and tracking, a dynamic global address book, and to meet the army’s current needs.
It will meet the Army’s real-time data transfer and messaging needs, especially given the current geopolitical security Environment.
India Aids Mozambique
The Indian Naval Ship (INS) Kesari arrived in Maputo, Mozambique, on December 25 with 500 tonnes of food aid as part of the SAGAR Mission.
Highlights:
500 tonnes of food aid were sent to Mozambique to aid the government’s efforts to combat the ongoing drought and the covid-19 pandemic.
India is also committed to assisting Mozambique’s Armed Forces in their capacity-building efforts.
INS Kesari also carried two Fast Interceptor Craft and self-defense equipment, which will be handed over to the Mozambican Armed Forces.
In accordance with Prime Minister Narendra Modi’s vision of SAGAR, aid was extended to Mozambique for the eighth time.
Rare Pink Handfish
After 22 years, Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) discovered a rare pink handfish near the Tasmanian coast. The last time the fish was seen was in 1999.
Highlights:
In February 2021, Australian marine researchers used an underwater camera to photograph the seabed in Tasman Fracture Marine Park. They discovered the pink handfish later while reviewing the footage.
The Taman Fracture Marine Park is known for its deep crack in the earth’s crust, which allows scientists to study marine life up to 4,000 meters below the surface.
Pink handfish was previously thought to only live in shallow waters. This time, however, it was discovered at a depth of 150 meters.
- GPSC Mains 2025 Tests and Notes Program
- GPSC Prelims Exam 2025- Test Series and Notes Program
- GPSC Prelims and Mains 2025 Tests Series and Notes Program
- GPSC Detailed Complete Prelims Notes