22, November 2017

1.Sagarmala Programme

Source: PIB

A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Programme. CEMS will have campuses at Vishakhapatnam and Mumbai.

CEMS:

  • CEMS will provide industry-relevant skill development, equip students with employable engineering and technical skills in the port and maritime sector and contribute to the Government of India’s ambitious Sagarmala programme.
  • CEMS is being set up to meet the domestic skill requirement in ship design, manufacturing, operating and maintenance, repair and overhaul (MRO).
  • This initiative also adds to the Make in India and Skill India efforts in the maritime sector. CEMS will provide skilled manpower to make vessels for inland waterways, ships, fishing boats and other ancillary manufacturing sectors.

Sagarmala Project:

  • The Sagarmala project seeks to develop a string of ports around India’s coast. The objective of this initiative is to promote “Port-led development” along India’s 7500 km long coastline.
  • It aims to develop access to new development regions with intermodal solutions and promotion of the optimum modal split, enhanced connectivity with main economic centres and beyond through expansion of rail, inland water, coastal and road services.
  • Nodal ministry: The Union Ministry of Shipping has been appointed as the nodal ministry for this initiative.

The Sagarmala initiative will address challenges by focusing on three pillars of development, namely:

  • Supporting and enabling Port-led Development through appropriate policy and institutional interventions and providing for an institutional framework for ensuring inter-agency and ministries/departments/states’ collaboration for integrated development.
  • Port Infrastructure Enhancement, including modernization and setting up of new ports.
  • Efficient Evacuation to and from hinterland.

2.BRICS bank

Source: The Hindu

The Shanghai-based BRICS New Development Bank (NDB) has approved two infrastructure and sustainable development projects in India and Russia with loans of $400 million.

  • The loans will be used to rehabilitate the Indira Gandhi canal system in India and to build a toll transport corridor connecting Ufa city centre to the M-5 federal highway in Russia.

NDB:

  • It is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa). It is seen as an alternative to the existing US-dominated World Bank and International Monetary Fund.
  • The New Development Bank was agreed to by BRICS leaders at the 5th BRICS summit held in Durban, South Africa in 2013.
  • The bank is set up to foster greater financial and development cooperation among the five emerging markets.
  • The bank will be headquartered in Shanghai, China.
  • Voting: Unlike the World Bank, which assigns votes based on capital share, in the New Development Bank each participant country will be assigned one vote, and none of the countries will have veto power.

The New Development Bank

  • The New Development Bank will mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries, to supplement existing efforts of multilateral and regional financial institutions for global growth and development.

3.North East Development Summit

Source: PIB

Manipur is hosting the first ever North East Development Summit (NEDS) 2017 in Imphal from November 21.

North East Development Summit:

  • The summit seeks to boost trade and investment in the underdeveloped region. Various international finance agencies will lay down their plan for development in the region.
  • It is aimed at “building confidence” and altering the “perception” among visiting delegates and investors.
  • India Foundation, a Delhi-based think tank, is organising the summit in collaboration with the Centre and Manipur government.
  • North Eastern states have lot of potential which is still unexplored. There is a need to explore this unexplored potential for the development of the region and the development of the country as a whole.
  • The summit will contribute to the making of ‘New India’ and help explore the unexplored potential of the region.

Significance

  • Trade& Investment.
  • Connectivity& Infrastructure Development.
  • Tourism Development in North-East India.
  • Skill Development, Capacity Building and Entrepreneurship.

4.Manipur Sangai Festival 2017

Source: PIB

Every year the State of Manipur celebrates the “Manipur Sangai Festival” from 21st to 30th November.

Sangai festival:

  • Sangai Festival is an annual cultural extravaganza in Manipur. The festival is labelled as the grandest festival of the State today and helps promote Manipur as a world class tourism destination.
  • Every edition of the festival showcases the tourism potential of the state in the field of Arts & Culture, Handloom, Handicrafts, Indigenous Sports, Cuisine, Music and Adventure sports of the state etc.
  • The ‘Festival’ is named after the State animal, Sangai, the brow-antlered deer found only in Manipur. It started in the year 2010 and has grown over the years into a big platform for Manipur to showcase its rich tradition and culture to the world.
  • The festival will reflect the State’s proud cultural heritage and the love for art which is inherent amongst various tribes inhabiting the State of Manipur.
  • The State’s classical dance form, ‘Ras Leela’ is quite famous all over the world for its distinctiveness from any other dance forms in India.
  • The Ras Leela will form an important part of the dance performances at the Manipur Sangai Festival 2017 besides the various other folk dance performances like the Kabui Naga dance, Bamboo dance, Maibi dance, Lai Haraoba dance, Khamba Thoibi dance et which will be showcased at the festival.

Indigenous sports will also be a major highlight of the State’s biggest tourism festival this year. Manipur’s famous martial arts

  • Thang Ta (a combination Spear & Sword skills), Yubi-Lakpi (a game played with greased coconut like rugby), Mukna Kangjei (a game that combines hockey and wrestling), and Sagol Kangjei- Modern Polo (believed to have evolved in Manipur) will all form part of the festival.



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