Current Affairs - April 25

In Today's article, you will read:

• Sahapedia, India's first online interactive heritage portal launched
• PM laid foundation stone for India's biggest power plant in Jharkhand
• India Pride Project to bring back India's lost artefacts
• States raise Rs 99000 crore via UDAY Bonds

Sahapedia, India's first online interactive heritage portal launched

The Union Government has launched India's first online interactive heritage portal named Sahapedia was in New Delhi. The web portal is a collaborative knowledge resource on the arts, culture and heritage of India. Sahapedia is a not-for-profit society headed by former TCS chairman S. Ramadorai, Who currently helms the National Skill Development Agency.

The purpose of this portal is to inform, educate and act on subjects such as knowledge traditions, visual and material arts, performing arts, literature and languages. It will also play important role in integrating activities and services including research, documentation, digitization and conservation.

Questions

1. India's first online interactive heritage portal Sahapedia was launched in which state?
2. Who is heading Sahapedia?

Answers

1. New Delhi
2. S. Ramadorai

PM laid foundation stone for India's biggest power plant in Jharkhand

Prime Minister Narendra Modi laid foundation stone for India's biggest power plant in Jharkhand and addresses Panchayati Raj Sammelan that is being celebrated on 24th April of every year. the name of the power plant is Patratu Vidyut Utpandan Nigam Limited (PVUNL) a joint venture company of National Thermal Power Corporation and Jharkhand gobernment.

Altogether, 1,200 acres of land has been transferred to the JV company for setting u the 4000MW power plant in Phase-1 while 600 more acres would be transferred in the future, said Rahul Purvar, Managing Director, Jharkhand Bijali Vitran Nigam Limited. The state government owns 6,500 acres of land in Patratu. From the Power generated by the plant, Jharkhand will get 85 per cent and the rest would go to other states.

Questions

1. PM has inaugurated India's biggest Power plant in which state?
2. What is it's name?
3. National Panchayati Raj Diwas is being observed on which date across India?

Answers

1. Jharkhand
2. Patratu Vidyut Utpandan Nigam Limited (PVUNL)
3. April 24

India Pride Project to bring back India's lost artefacts

The term India Pride Project (IPP) was in news in the fourth week of April 2016. It is an initiative by two NRIs who seek to bring back the lost artefacts to India. Through the initiative, they seek to answer that India was looted of more artefacts in the post-colonial era than under the British or Mughals.

The India Pride Project is a small, but brave attempt to bring this loot back into the places where they belong in India. In simple terms India Pride Project's mission is to restore the Nations's pride through restoring its culture. Vijay Kumar (an art enthusiast) and Anurag Saxena (a Chartered Accountant) are two co-founders of IPP.

Questions

1. Which is an initiative to bring back India's lost artefacts?
2. Who are the co-founder of this project?

Answers

1. India Pride Project (IPP)
2. Vijay Kumar, Anurag Saxena

States raise Rs 99000 crore via UDAY Bonds

Eight states have issued bonds worth over Rs. 98,959.96 crore under UDAY Bonds scheme in 2015-16, which is aimed at improving operational and financial efficiency of state power distribution companies. As part of the scheme, Reserve Bank had issued the special bonds (non-SLR special securities) on behalf of eight State governments in the last fiscal, according to a Reserve Bank of India statement.

The Power Ministry had unveiled UDAY (Ujwal DISCOM Assurance Yojana) on November 20, 2015. The Scheme is expected to help discoms save about Rs 1.8 lakh crore in the next three years. The cumulative debt of discoms is Rs 4.37 lakh crore. These securities have been issued by the state governments under the Government Securities Act, 2006 and are eligible for market repo.

Questions

1. How many states have issued money under UDAY Bonds scheme in 2015-16?
2. Which ministry unveiled UDAY scheme?
3. Extend the term UDAY

Answers

1. 8
2. Power Ministry
3. Ujwal DISCOM Assurance Yojana

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