Blog Archive

Saturday, July 06, 2013

Monday, 1st July, 2013

NATIONAL NEWS
  • Unique green system for Nalanda university
    • Architects building the Nalanda International University at the ancient seat of learning in Bihar have decided to use the desiccant enhanced evaporative (Devap) air-cooling system. This is the first time such a system will be used in India.
    • The Devap system works by using “dessicant” material that removes moisture from the air using heat, as also evaporative technologies that bring about cooling by using up to 90 percent less energy than conventional means
  • India UK to jointly develop economic corridor
    • India and United Kingdom have decided to join hands to develop the signature Bangalore-Mumbai Economic Corridor (BMEC) project in close association with private companies from Britain.
    • This move to expand India-UK bilateral cooperation follows closely on the heels of the recent uproar over UK’s plans to make select persons from India deposit a cash bond while applying for a British visa.
    • Both sides have agreed to examine and evolve the modalities and content of this projectthrough mutual discussions andwork out a roadmap for a possible partnership in this area. Given the importance of Mumbai as a financial centre, Bengaluru as an IT and Technology hub and Pune as automobile manufacturing centre, such a project could be potentially viable
    • In addition to this, India has also offered to UK, investment or partnership opportunities in the National Manufacturing and Investment Zones (NIMZs). . NIMZs are proposed to be developed as green field industrial townships and benchmarked against the best manufacturing hubs in the world
    • The new National Manufacturing Policy aims to create 100 million jobs and increase the share of manufacturing in India’s Gross Domestic Product from 16 per cent now to 25 per cent by 2022.
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