09-03-22 Daily-Gujarat-GPSC Current Affairs

Responding to booming demand in residential real estate, new project registrations rose by 26% in 2021-22 year-on-year in Gujarat. According to data from theGujarat Real Estate Regulatory Authority(GujRERA), 17,444 new projects were registered in Gujarat so far in 2021-22, against 13,949 last year.

As demand increases, developers are coming up with new residential projects. According to estimates by developers at theGihed Property Showwhich was inaugurated at Ahmedabad on Friday, there is at least a 15% increase in new Home sales in affordable, premium and luxury residential schemes. The show is exhibiting more than 250 commercial and residential projects. The post-pandemic trend of bigger and more functional homes is growing.

Ministry of Tourism had constituted an inter-ministerial task force for National Digital Tourism Mission on 23rd July, 2021 to undertake consultations with the tourism and domain experts, define the context, mission, vision, objectives, and overall scope of the National Digital Tourism Mission.

The Task Force has prepared a draft report on proposed National Digital Tourism Mission, which inter-alia lays down domain and technology principles, standards, digital stack, Governance structure and plan for implementation of the envisaged National Digital Tourism Mission.

The Ministry of Tourism has invited final comments from the stakeholders on draft report for setting up of National Digital Tourism Mission. The draft report has also been published on website for suggestions and feedback from public.

The draft report takes note of the fact that tourism sector is highly fragmented. Subsectors of tourism such as transport, accommodation, restaurants and catering, and personal Services are all subject to very different challenges and opportunities.

The vision of National Digital Tourism Mission is to bridge the existing information gap amongst different stakeholders of tourism ecosystem through a digital highway.

Indias first refineries for ethanol production from bamboo, with daily capacity of 30,000 litre, will be built in Gadchiroli and Nandurbar districts.

An agreement of the project was signed on Friday in Hyderabad betweenNagarjuna GroupandLodga Bamboo Industries ofLatur district.

Those privy to the development said that the Union Government has committed to blend 20% ethanol with petrol by 2025, eventually creating a huge opportunity for using bamboo-based ethanol. India imports about Rs 8.5 lakh crore worth of diesel and petrol.

As many as 60,000 tonne bamboo grown over 1,500 acres would be needed annually to meet the raw material requirements of the ethanol plant.

The largest reclining statue of Lord Buddha in India is being built in . Indias Buddhist pilgrimage circuit is being proactively revived and Bodh Gaya is an integral part of it. Hence, the site of Gautam Buddhas enlightenment will soon be Home to his largest reclining statue.

Lord Buddhas idol is in the Mahaparinirvana Mudra is very important in Buddhism as he preached to his followers in this pose before attaining Mahaparinirvana. Kushinagar in Uttar Pradesh also has an idol of Lord Buddha in this posture as this where he attained Mahaparinirvana.

This statue is being made with fiberglass and is being built by sculptors who are from Kolkata.

From February 2023, the giant statue of Lord Buddha will be opened for the devotees.

The mission, which was only announced after spacecraft deployment, is the first Iranian launch to reach orbit in almost two years.

Indias retail may Average below 6% even if crude oil prices average $100 a barrel in 2022-23, but rising prices remain an elevated risk to Growth especially as private consumption remains subdued, rating firm Crisil said on Thursday.

Assuming a full pass-through of global crude prices to retail fuel prices in India, Crisil expects average consumer inflation to be 5.4% if oil prices average $85-90 a barrel, and rise to 5.8% if the mean crude price is at $100 a barrel through the next fiscal year.

Headline inflation, however, is expected to be lower than the last time oil prices shot past $100 a barrel during 2012-14, a period when food and Core Inflation were also high, Crisil observed, adding that such a scenario was unlikely to repeat in 2022-23.