27.05.21 Daily [Andhra Pradesh] APPSC Current Affairs

Andhra Pradesh Affairs

Andhra Pradesh: Investment proposals worth 16,000 crore cleared by state investments promotion board

TheAndhra Pradeshgovernment has cleared proposals from 14 investors to startnew industriesin the state. The investors have come forward to invest about 16,000 crore in the 14 units which can provide over 30,000 jobs.

After the state investments promotion board (SIPB) cleared the proposals, the file was sent to chief minister YS Jagan Mohan Reddy for his clearance.

The investors have submitted detailed project reports (DPRs), which include three industries in Kadapa district, two each in Chittoor and Nellore, and one each in Tirupati, Guntur and Visakhapatnam districts besides others.

Neelkamal group has proposed to set up a plastic unit at a cost of 425 crore, while Pitti rail engineering components ltd has proposed a unit at a cost of 400 crore. Both units are proposed to be set up in Kadapa district.

National and International Affairs

Indo-Israel Agricultural Project Centres of Excellence:

The Agriculture Ministry, the Government of India, and Mashav (Israel’s International Development Cooperation Agency) are leading Israel’s largest G2G cooperation, with 29 operational Centres of Excellence (COEs) across India in 12 states.

They are establishing Advanced-Intensive Agriculture farms using Israeli Agro-Technology tailored to local conditions.

The Centres of Excellence generate knowledge, demonstrate best practices, and provide farmer training.

The National Green Tribunal (NGT) has formed a joint committee to investigate allegations of illegal construction activity in Mekedatu. The Karnataka government had proposed building a dam across the Cauvery River in the same location.

Highlights:

The Mekedatu multi-purpose project entails the construction of a balancing reservoir across the Cauvery River near Kanakapura in Ramanagaram district.

It intends to supply drinking water to the districts of Bengaluru and Ramanagaram, as well as generate electricity.

However, Tamil Nadu has objected on the grounds that the project violates the award of the Cauvery Water Disputes Tribunal.

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