Gujarat Affairs
Capex support of up to Rs 200 crore in Gujarat IT/ ITes Policy
A major bonanza is in store for IT companies here as the announced theGujarat IT/ ITes Policy 2022-27.
Gujarat chief ministerBhupendra Patelunveiled the policy document at a ceremony held at GIFT City Gandhinagar.
As part of the new policy, the state government has announced a Capital Expenditure support of upto Rs 200 crore for upcoming IT companies in the state, which was upto Rs 1 crore in the previous policy. This new policy will be in force for five years i.e. from 2022 to 2027.
The policy introduces a unique concept of Capex-Opex model. As part of this, Capex support of 25% upto Rs 50 crore will be extended for small to medium-sized projects and Rs 200 crore for mega projects will be provided.
The policy envisions Capex support of 25% up to Rs 50 crore for normal projects and Rs 200 crore for Mega Projects. Under the OPEX model, the government will provide support of 15% up to Rs 20 crore per year will be extended to boost IT investments in Gujarat, the state government said in a statement.
In an effort to boost IT EMPLOYMENT in Gujarat, the policy also provides two special employment generation incentives to upcoming IT companies. A one-time Investment upto Rs 60,000 per employee to be provided by the state government to upcoming IT companies and 75-100% of reimbursement of employers contribution to employee provident fund will also be provided for a period of five years.
The state government will also continue providing interest repayment at 7% on term loans upto Rs 5 crore and 100% reimbursement of Electricity Duty to all eligible IT/ITeS units.
Gujarat IT/ ITes policy also proposes to establish aGujaratAI School / AI Center of Excellence with a view to provide Industry-ready skilled talent for the IT Industry.
Setting up of a cable landing station (CLS) will also be facilitated with a 25% Capex support of up to Rs 20 crore in addition to a power tariff subsidy of Rs 1 for a period of five years.
National and International Affairs
India Press Freedom Report 2021
The India Press Freedom Report, 2021, was recently released by the Rights and Risks Analysis Group.
Highlights:
The Rights and Risks Analysis Group recently released the India Press Freedom Report 2021. Consistent with the report, 13 media houses and newspapers were targeted, 108 journalists were attacked, and 6 were killed.
Jammu and Kashmir, Uttar Pradesh, Madhya Pradesh, and Tripura topped the States and Union Territories list where journalists and media houses were targeted in 2021.
Twenty-four journalists were attacked physically, obstructed, threatened, and harassed for doing their work. Public officials made these attacks.
This includes Police attacks also. Seventeen of those attacks were police attacks. 44 FIRs were registered against journalists in 2021. Of this, 21 were registered under Section 153 of IPC.
The Chauri Chaura Incident- 100 Years
The 100th anniversary of the Chauri Chaura event was recently commemorated in India.
Highlights
PM Modi kicked off the centennial celebrations for Chauri Chaura. The incident was commemorated with the release of a postal stamp.
The Chauri Chaura Shaheed memorial will be renovated into a heritage tourism attraction by the Uttar Pradesh government.
Chauri Chaura is a village in Uttar Pradesh’s Gorakhpur district. Due to Chauri Chaura, Mahatma Gandhiji called a halt to the non-cooperation movement.
On February 4, 1922, the incident occurred. The volunteers of the Non-Cooperation Movement marched to a local Police station on February 4, 1922.
Foundation Stone Laid For Worlds Third-Largest Cricket Stadium
The foundation stone for the world’s third-largest cricket stadium was laid by Sourav Ganguly.
Highlights:
The foundation stone for the world’s third-largest cricket stadium was set in Jaipur by Rajasthan Chief Minister Ashok Gehlot and BCCI President Sourav Ganguly.
The International Cricket Venue in Jaipur will be India’s second-largest and the world’s third-largest cricket stadium.
The Rajasthan Cricket Academy (RCA) will construct the new international stadium on 100 acres of land in Jaipur, near the Jaipur-Delhi bypass.
A total of 75,000 people will be able to sit in the stadium.
With a capacity of 132,000 spectators, Narendra Modi Stadium (formerly Motera Stadium) in Ahmedabad is now the world’s largest stadium.
The Melbourne Cricket Ground (MCG) in Australia is the second-largest stadium, with a capacity of 1,00,024 spectators.
Swarajability
The Indian Institute of Technology (IIT-Hyderabad) has released a beta version of ‘Swarajability,’ India’s first AI-based job platform for disabled people.
Highlights:
The Indian Institute of Technology (IIT-Hyderabad) has released a beta version of ‘Swarajability,’ an -powered job portal that assists persons with impairments in acquiring relevant skills and finding work.
The program will analyze job seekers’ profiles and advise the skills they’ll need to become eligible.
This vulnerable segment of the Population would benefit from a platform that addressed this issue.
The institute created the platform in collaboration with Youth4Jobs, Visual Quest, and Kotak Mahindra Bank Ltd.
ICC World Cup 2022 U-19
On February 5, 2022, India won the ICC U-19 World Cup final against England by four wickets at Sir Vivian Richards Stadium in Antigua.
Highlights:
The victory gave India a record-tying sixth U-19 title. In 47.4 overs, the ICC U-19 Indian team chased down a target of 190 runs and reached 195 for six.
Nishant Sindhu helped India win the match with 50 runs off 54 balls with undefeated match-winning innings.
For the first time since winning the event in South Africa in 1998, England reached the final. India defeated Australia by 96 runs in the second semi-final.
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