11.03.23 Daily [Andhra Pradesh] APPSC Current Affairs

In a remarkable turnaround,Andhra Pradeshhas posted a stunning 16.22% Growth rate during 2022-23. The state planning department estimated that GSDP for the year 2022-23 (advanced estimates) is estimated at Rs 13,17,728 crore as against Rs 11,33,837 crore for the 2021-22 final revised estimates (FRE). This accounts to net addition of Rs 1,83,891 crore to the state economy.

Chief minister YS Jagan Mohan Reddy released the socio-economic survey (SES) readied by the planning department of the state for 2022-23 on Wednesday. The SES stated that AP posted a growth of 16.22% over the previous year based on the advanced estimates.
According to the SES, Gross Value Addition (GVA) in <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture and allied sectors reported a decent 13.18% growth while agriculture sector alone reported 20.72 percent growth while sector achieved 12.58% growth rate. Similarly, the Livestock sector reported 7.32% growth rate while Fisheries reported 19.41% of GVA.
The SES said that the Industry sector witnessed a GVA of 16.36% while Mining and quarrying reported 15.81% GVA. It said that the manufacturing sector reported 11.81%. The analysis of the planning department put the GVA of electricity, gas and other sectors at 30.96% and construction sector at 16.94%. It said that the <a href="https://exam.pscnotes.com/Services-sector”>services sector achieved a stunning 18.91% GVA while trade and hotels sector reported 28.42%. It said that railways achieved 17.82%. SES said that transport by other means reported a GVA of 21.64% while the real estate sector achieved 13.14%.

According to the State Economic Survey, the state posted a record growth of 7.02% at constant prices against the country’s growth of 7.0% during 2020-21. Report said that the agriculture and allied sectors reported 4.54% growth rate while agriculture sector alone witnessed the double-digit growth at 10.72% while the horticulture sector reported 3.03% growth rate. The performance was relatively low at constant prices during 2020-21 due to the outbreak of covid-19. It said that the GVA of livestock is around 2.89% while the fisheries sector reported 4.87%. It said that the industry sector too achieved a tremendous GVA of 5.66% during the covid-19 while mining and quarrying reported sizable GVA of 10.81%. Manufacturing sector achieved 4.82% growth while the electricity, gas sectors reported 6.53%. It said that the construction returned with 4.71% growth while the services sector witnessed a massive 10.05% GVA. It said that trade hotels reported a 16.64% growth rate.

The Minister further stated that the Ministry of Labour and EMPLOYMENT (MoLE) had conducted a large sample survey at the national level to assess employment generation under PMMY. As per the survey results, PMMY helped in generating 1.12 crore net additional employment in the country during a period of approximately 3 years (i.e. from 2015 to 2018).

Minister of State for Environment, Forest and <a href="https://exam.pscnotes.com/Climate-change”>Climate Change, Shri Ashwini Kumar Choubey informed that the Government has started Lifestyle for Environment (LiFE) movement with a view to sensitize all stakeholders, including the public at large, about the need for mindful utilization instead of mindless consumption of Resources. A comprehensive and non-exhaustive list of 75 individual environment-friendly actions (LiFE actions) across 7 categories has been identified for nudging individuals, communities and institutions as a part of this movement.

The update to NDC submitted to UNFCCC in August 2022 includes India’s commitment to reduce Emissions Intensity of its GDP by 45 percent by 2030, from 2005 level; achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based Energy Resources by 2030.

Government of India has formulated a Greenfield Policy, 2008 which provides detailed guidelines, procedures and steps related to construction of Greenfield airports across the country, including in Bihar. Under the GFA Policy, the project proponent- an airport developer or the respective State Government willing to establish a Greenfield airport is required to send a proposal to the Ministry of Civil Aviation in the prescribed format for 2-stage approval process i.e., ‘Site Clearance’ followed by ‘In-Principle’ approval.

Government of India has also granted the first stage clearance i.e. site clearance for construction of three Greenfield airports namely Alwar in Rajasthan, Singrauli in Madhya Pradesh and Mandi in Himachal Pradesh.

The responsibility of implementation of airport projects including funding of the projects rests with the concerned airport developer including the respective State Government (in case the State Government is the project proponent).

The first foreign university to establish a campus in India will be Deakin University of Australia. The autonomous campus will be built in Gujarat International Financial Tec-City (GIFT) City.

The announcement by Finance Minister Nirmala Sitharaman last year that she would allow top-tier foreign universities and institutions to establish campuses in GIFT City to provide courses in financial management, FinTech, science, technology, engineering, and mathematics free from domestic regulations has led to the current development.