Tag: major

  • IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants – TheNewsCaravan Newspaper

    IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants – TheNewsCaravan Newspaper

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    Indian Institutes of Technology, IIT has got a major boost with the unveiling of the Union Budget 2023. As per the Budget 2023, IIT has received a total outlay of around Rs 9,600 crores. Out of this, around Rs 8,000 crores have been allocated to the institutes as grants.

    Ministry of Education has a total outlay of Rs 1.13 lakh crores approximately. Out of these, the Department of Higher Education has received a total of Rs 44,094.62 crores. Under the outlay for the Higher Education Department, the budget for IIT stands at Rs 9,661.50 crores.

    IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants 1

    Grants to IITRs. 8791.50 crores
    Interest under HEFA loanRs. 270 crores
    Repayment of Principal of HEFA LoanRs. 300 crores
    Total support to IITRs. 9361.50 crores
    IIT Hyderabad (EAP)Rs. 300 crores
    Total OutlayRs. 9661.50 crores

    As mentioned, the majority of the funds allocated to IIT are towards the grants allocated to support the leading engineering and technology institutes. A total of Rs. 8791.50 crores have been allocated just to grants.

    What will these funds be used for?

    With IITs getting a major boost in funds, questions arise as to where these funds will go and how would they be utilised. It is expected that the budget allocated to IIT would likely work towards promotion and support towards enhancing Research and Development at these institutes.

    During her speech, Finance Minister Nirmala Sitharaman also shared details regarding the Lab Grown Diamonds scheme, which would be given to one IIT over a period of five years. Hence, the boost in funds is expected to be directly in relation with growth of R&D.

    Another way these funds could be utilised would be to promote engineering and technical education amongst India and abroad. The government has revealed plans to set up IITs abroad in countries such as United Arab Emirates, Malaysia and Jamaica.

    While they remain one of the top institutes, IITs tend to be short staffed. Hence, the funds are also expected to be used for recruitment of teachers and professors at IITs across India.

    Union Budget 2023 was presented on February 1, 2023 by Finance Minister Nirmala Sitharaman in the Lok Sabha. Under this new budget for ‘Amrit Kaal’, Education has received the maximum outlay.

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    ( With inputs from : www.TheNewsCaravan.com )

  • MeT Rules Out Major Snowfall In Next Ten Days – Kashmir News

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    Srinagar, Jan 31: Mainly dry and foggy weather has been forecast till February 4 and light rain and snowfall thereafter for one week in Jammu and Kashmir. However, the weather department has ruled out the possibility of any major snowfall in the next ten days. “From February 1 to 4, mainly dry weather is expected but fog is likely to develop in Jammu & Kashmir (60% chance),” a meteorological department official here told GNS.

    For the subsequent one week, he said, light rain and snowfall is expected at isolated places. “There is no major snowfall for the next 10 days,” he said.

    In last 24 till 0830 hours today, the MeT department official said that Srinagar received 6.29 inches of snow, Qazigund 9.8 inches, Pahalgam 10.56 inches, Kupwara 7.87 inches, Kokernag 7.1 inches and Gulmarg 19.7 inches, Banihal 1.37 inches, Batote 0.4 inches and Bhaderwah 0.8 inches.

    Regarding minimum temperature, he said, Srinagar recorded a low of 0.0°C against minus 0.2°C on the previous night. Today’s minimum temperature, he said, was above normal by 0.7°C for the summer capital. Qazigund, he said, recorded a low of minus 0.4°C against minus 0.1°C on the previous night and it was 1.7°C above normal for the gateway town of Kashmir.

    Pahalgam, he said, recorded a low of minus 4.7°C against minus 1.4°C on the previous night and it was 1.4°C above normal for the famous tourist resort in south Kashmir’s Anantnag district. Kokernag recorded a low of minus 0.8°C, the same as on the previous night and it was 1.6°C above normal for the place, the officials said.

    Gulmarg recorded a low of minus 8.4°C against minus 4.6°C on the previous night and it was 0.8°C below normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said. In Kupwara town, he said, the mercury settled at minus 0.8°C against minus 0.4°C on the previous night and it was above 1.5°C above normal for the north Kashmir area.

    Jammu received 26.6mm of rain during the 24 hours and recorded a low of 7.1°C against 10.4°C on the previous night. It was 1.3°C below normal for J&K’s winter capital, he said.

    Banihal, he said, had 39.8mm of rain during the time and recorded a low of minus 0.4°C (below normal by 1.2°C); Batote 52.1mm of rain and recorded a low of minus 0.5°C (below normal by 2.6°C); Katra received 49.4mm of rain and recorded a low of 6.1°C (0.9°C below normal) while Bhadarwah received 27.8mm of rain during the time and recorded minimum temperature of 0.2°C (0.8°C above normal).

    Ladakh’s Leh and Kargil recorded a low of minus 8.0°C and minus 10.2°C respectively, the official said.

    While Chillai-Kalan, the 40-day long harsh winter period that started on December 21 has ended, Kashmir is under the grip of a 20-day-long period called ‘Chillai-Khurd’. It will be followed by a 10-day-long period ‘Chillai-Bachha’ (baby cold) which is from February 20 to March 1.  (GNS)

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    ( With inputs from : kashmirnews.in )

  • Saudi Arabia: Will football become a major factor in making an impact on the world map?

    Saudi Arabia: Will football become a major factor in making an impact on the world map?

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    Dubai: Till now, the economic and social impact of football was largely visible only in Latin American countries, but after the successful hosting of the FIFA World Cup by Qatar, the way Arab countries have realised the power of this game and started working in that direction is commendable and also going to become an example of foresight.

    Football is an important part of Saudi Arabian culture and has been played for many years. With the recent signing of football superstars like Ronaldo, Saudi Arabia’s Al Nasr Club has signed a deal worth Rs 170 billion, indicating that Saudi Arabia wants to use football to promote tourism and culture in the country.

    The manner in which Cristiano Ronaldo has been given a luxurious 5-star suite of 17 rooms to live in, as well as exemption from the law which prohibits unmarried cohabitation, it is clear that the purpose of this agreement and its effect is not going to be limited to playfield.

    Two of Saudi Arabia’s biggest clubs, Al Nassr and Al Hilal, are investing heavily in their teams to make them globally competitive. This has increased interest in the sport among both locals and tourists alike.

    Al-Nassr’s rival Al Hilal is reportedly making a whopping offer of 24 billion rupees per season for Argentine striker Lionel Messi, according to a report in Barca Universal. Al Hilal is said to be Al Nassr’s biggest rival.

    Messi’s contract with his French club Paris Saint-Germain (PSG) is set to expire in June, and the Saudi club is keen to sign him as soon as possible. Al Hilal is currently not allowed to add any players until the next transfer window, according to regulations, but they are open to signing the Argentine star now and allowing him to join the club in the summer.

    Speaking to IANS, former Gulf News editor Bobby Naqvi said, “Football is also being used as a tool for social change in Saudi Arabia. It has been able to bring together people from different backgrounds and cultures. It is helping, as well as providing an outlet for young people who previously did not have access to entertainment or other forms of entertainment.”

    “Football’s popularity is growing in Saudi Arabia year by year and now it has become an important part of the culture. Players like Cristiano Ronaldo, Lionel Messi, and Neymar have played at Al Nassr, Al Hilal, and Al Wehda.

    “With news of signings for teams such as Saudi Arabia, it is inevitable that more people from around the world will be attracted to watch sports in Saudi Arabia. This increased interest will contribute to an influx of tourists resulting in increased ticket sales, merchandise May contribute to the economy through growth in sales, hospitality, and business.

    “These efforts are part of Saudi Vision 2030, a national transformational roadmap launched in 2016. The roadmap aims to position Saudi Arabia as an economic powerhouse in the world. Saudi Arabia strives to establish itself as an attractive destination for visitors and investors and to provide excellent quality of life to its people. Football has much to offer to Saudi Arabia and can be seen as a step toward cultural progress.”

    As part of Crown Prince Mohammed bin Salman’s vision 2030, Saudi Arabia prioritised sports in 2016. Since then, the sports industry in Saudi Arabia has been progressing toward three major goals. Increasing community participation in sports to 40 per cent by 2030, improving Saudi athletes’ overseas exposure, and boosting the sports economy.

    One of the goals of Vision 2030 was to make the state a hub for top professional sporting events, which would have significant implications for the country, such as job creation.

    According to the 2020 Sports Ministry report, the sports sector created more than 14,000 jobs that year. In addition, jobs in sports clubs have increased by 129 per cent over three years due to new sporting offerings. Between 2018 and 2021, administrative jobs grew by 156 per cent, while career opportunities in sports increased by more than 114 per cent.

    The economic impact of tourism is another important benefit of hosting sporting events in the Kingdom, as these events contribute to an increase in the number of foreign visitors from around the world who can spend money and boost the Saudi economy.

    According to the ministry, sporting events generated 36.9 million Saudi riyals ($9.8 million) in ticket revenue and visitor spending in 2020. In addition, the sports sector contributes to hotel spending and the hospitality industry in general. Both the cities of Jeddah and Riyadh host events such as Formula E, Formula 1 and Race on the Red Sea during the first eight months of 2022.

    One of Saudi Arabia’s biggest obstacles in promoting sports was the low participation of women. Top-down reforms have helped address this problem. In 2018, families-not just men-were allowed to enter the stadium. Following this change, the number of participants in athletic events increased by 152 per cent.

    To encourage women’s participation in sports, the Ministry of Education issued a decision in 2017 to implement sports classes in girls’ schools, which were not previously available in public schools. All these reforms helped women’s participation in sports skyrocket by 150 percent from 2015 to 2019. Today, the state has over six thousand female athletes and twenty-seven women’s sports teams.

    Saudi Arabia has participated in the FIFA World Cup six times and the number of clubs playing professional football in Saudi Arabia is over 100, with 16 clubs playing in the Saudi Professional League, 20 clubs in the First Division, 28 clubs in the Second Division and 32 in the Third Division.

    As India has withdrawn the bid to host the 2027 AFC Asian Cup, Saudi Arabia is left as the sole bidder for it, and it is for Saudi Arabia to claim the FIFA World Cup after successfully hosting the Asian Cup.

    Saudi Arabia is reportedly preparing to stake claim to host the 2030 FIFA World Cup. If we talk about Arab countries, then this country with a population of about 36 crores has always been enthusiastic about sports. Saudi Arabia has also won many medals in the Summer Olympic and Winter Olympic Games.

    Apart from football, equestrian sports, horserace, athletics, formula one, and karate are also very much liked by the people of Saudi Arabia and their participation is visible. As it is clear that Saudi wants to separate its economy from oil, sports and tourism can become its main source of income. In the coming days, we can see a lot of sports-related activities here.

    Saudi Arabia, a mostly desert country with summer temperatures touching 50 degrees Celsius, has been chosen to host the 2029 Asian Winter Games and is building one such sports complex in the $500 billion mega-city Neom. which will remain cold and snowy year-round for the winter sports complex.

    The Saudi capital Riyadh will host the Asian Games in 2034.

    Sports Minister Prince Abdulaziz bin Turki al-Faisal told media that hosting the Olympics was the kingdom’s “ultimate goal”. Saudi money has knocked the world of golf with the LIV tour of golf by investing huge money. Top players have been lured by record-breaking prize money and hefty sign-on fees. Former world number one Dustin Johnson has been one of the major beneficiaries, earning $35 million in total prize money in the inaugural season – having been given $150 million just for agreeing to play. The LIV will expand its 54-hole, part-team format this year to a 14-tournament international event offering a record $405 million in prize money.

    In cricket, Saudi Aramco, the world’s largest oil exporter and one of its richest companies, began sponsoring major events organised by the International Cricket Council, including the men’s and women’s ODI and T20 World Cups. Saudi Arabia has overtaken horse racing with the $20 million Saudi Cup, the world’s richest race. The last two editions have been won by Saudi-owned horses.

    Not only Saudi, but other neighbouring countries are continuously investing to build Arab ownership and influence in football.

    Qatar wants to invest in the English Premier League (6 billion Pounds), the world’s richest and most watched league, with its Sports Fund (QSI). Recently held investment talks with London-based club Tottenham Hotspur. Qatar has bought a 22 percent stake in Portuguese club SC Braga for 19 million Pounds. QSI is also exploring options in Belgium, Spain, and Brazil.

    The English Premier League is closely related to the Gulf countries. The royal family of Abu Dhabi bought Manchester City Club in 2008. The club has won the Premier League 6 times since Abu Dhabi bought Manchester City and Manchester City is also in financial profit. Meanwhile, Saudi Arabia’s Public Investment Fund (PIF) bought English Premier League club Newcastle United in 2021 for 300 million Pound. Qatar also owns beIN- the sports broadcaster for Europe and the Middle East. Apart from football, Qatar is now taking interest in Squash, Tennis, and Formula One with its Sports Fund (QSI).

    Another important factor behind the promotion of tourism through sports and games is the nomadic nature of the Saudi people. Every year, about $50 billion is spent by Saudis travelling abroad. It is the effort of the Saudi government to give the young generation of working age above 35 years the option to spend within the country.

    In Saudi Arabia, 60 per cent of the population is under the age of 35, who are standing with Prince Mohammed bin Salman in the winds of Saudi change. This is a Saudi population that is educated abroad, speaks English, and is ready to be a change agent with technology.

    According to statistics, tourists in Saudi Arabia spent 27 billion riyals ($7.19 billion) during the first six months of 2022, making tourism one of the most promising sectors in the kingdom.

    The Investment Ministry said that 3.6 million foreign tourists visited the kingdom during the second quarter of the year, which greatly contributed to the plan to diversify sources of income as part of Vision 2030. Saudi Arabia aims to become a top five global destination by 2030, and to this end opens the country to foreign tourism and investment.

    Turki Alalsheikh, chairman of the General Entertainment Authority, said six million people attended the Riyadh Season 2022 winter festival within a month of its launch on October 21.

    Saudi Arabia has opened its borders to international luxury hospitality brands and welcomed foreign visitors for the first time to its ancient heritage sites and pristine coastline while opening up new wonders for the world to see.

    With the inclusion of sporting and entertainment events around the world, Saudi Arabia is creating more opportunities for its citizens and foreign tourists to explore. According to Saudi Vision 2030, the country aims to increase the private sector’s contribution to GDP to 65 per cent by 2030. Saudi Arabia has also allowed its citizens to rent Airbnb-style property through a new portal similar to the global rental marketplace.

    The recent announcement of Saudi Entertainment Ventures, to invest more than SAR 50 billion to build 21 entertainment destinations that will provide unique and innovative world-class entertainment experiences and global partnerships from within the sector.

    SEVEN recently announced the beginning of construction of its entertainment destination in the Al Hamra district of Riyadh as well as the location of the upcoming projects in 14 cities across the Kingdom: Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah, and Tabuk.

    Saudi Entertainment Ventures has announced the beginning of construction of its entertainment destination in Tabuk.

    With a development value of more than SAR 1 billion, SEVEN’s entertainment destination in Tabuk will transform the entertainment landscape in the region with a wide range of attractions and experiences.

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    ( With inputs from www.siasat.com )

  • Telangana govt transfers 91 top cops in major reshuffle

    Telangana govt transfers 91 top cops in major reshuffle

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    Hyderabad: In a major reshuffle, the Telangana government on Wednesday issued orders transferring 91 police officers, including both Indian Police Services (IPS) and non-cadre officials.

    In the new postings, V Satyanarayana, who held the position of Karimnagar police commissioner, is now joint commissioner for Rachakonda police.Gajarao Bhupal, who was joint commissioner at Rachakonda, was posted in the same rank with the Detective Department, Hyderabad police. Officer Rema Rajeshwari who held the position of DIG (Yadadri zone), has been posted to the position of Ramagundem police commissioner.

    Avinash Mohanty, who was waiting to be posted, is now deputy commissioner of police (DCP), Traffic-1, Rachakonda police. Officer P. Chaitanya was posted as DCP for south zone, Hyderabad police. Officer PV Pamaja, who was also awaiting a posting, was appointed as superintendent of police, Women’s Safety wing, Telangana police.

    Other important postings included: Gummi Chakravarthy as superintendent of the Anti Narcotics Bureau, Vishwajit Kampati as superintendent of Telangana State Security Bureau, L Subbarayudu as Karaimnagar police commissioner, Rakshita K Murthy as superintendent of Wanaparthy, Janaki Dharavath, DCP, Rachakonda police (Malkajgiri, B Anuradha, DCP, Rachakonda police, MA Rasheed as DCP (SOT) for Madhapur police, etc among others.

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    ( With inputs from www.siasat.com )

  • U.S. to send 31 Abrams tanks to Ukraine, in major reversal

    U.S. to send 31 Abrams tanks to Ukraine, in major reversal

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    image

    “You see multiple countries across the broad coalition we’ve built stepping up to send a strong message of support to our long-term commitment to Ukraine,” said a senior administration official, who asked for anonymity to speak ahead of Biden’s announcement.

    The news comes after weeks of discussions between U.S. and European leaders, particularly the Germans, who have long resisted sending their own Leopard 2 tanks. Biden has spoken with German Chancellor Olaf Scholz multiple times this month about providing assistance to Ukraine, and the two nations announced last month that they would send Patriot missile systems to help defend Ukrainian cities, said the senior administration official.

    Top members of Biden’s national security team — Defense Secretary Lloyd Austin, Joint Chiefs Chair Gen. Mark Milley and national security adviser Jake Sullivan — also met frequently with their German and European counterparts, including most recently at a meeting of defense ministers at Ramstein Air Base, Germany, last week.

    Top U.S. officials urged Germany to send their Leopard 2s, which are abundant across Europe and easier for the Ukrainians to use and maintain than the Abrams. But Berlin stood firm, with senior German leaders privately telling Washington that they would only send Leopards if the U.S. sent Abrams.

    The president knew Ukraine needed Leopards on the battlefield as soon as possible, so he worked with his national security team to approve the Abrams. He ultimately decided to send American tanks after Austin’s recommendation, according to two other U.S. officials.

    Biden “knew the only way Germany would do Leopards is if we did Abrams and allied unity is the most important thing to him. So Secretary Austin sent a proposal on how to make it happen,” one of the officials said.

    The U.S. could have sent just one tank to seal the deal with Germany, but Austin decided to send a full battalion, said the second U.S. official. This shows the decision was “not a symbolic gesture, but something the secretary thought was the right thing to do.”

    As news of Biden’s decision emerged in media reports Tuesday, including POLITICO, the government in Berlin announced on Wednesday that Germany and its European partners planned to “quickly” send two Leopard 2 tank battalions to Kyiv. Poland, Spain, Norway and Finland are also likely to join in the coalition of nations sending Leopards.

    The decision comes after Pentagon leaders argued publicly and privately that now may not be the right time to send the Abrams. The tanks are too complicated for Ukrainian forces to learn to operate quickly and maintain on the battlefield, they argued.

    “The Abrams tank is a very complicated piece of equipment. It’s expensive, it’s hard to train on. It has a jet engine, I think it’s about three gallons to the mile of jet fuel. It is not the easiest system to maintain,” said Colin Kahl, the Pentagon’s top policy official, after a trip to Kyiv. “It may or may not be the right system.”

    The administration’s thinking on the challenges the Abrams presents hasn’t changed. But the decision was made to procure them now so that when they arrive on the battlefield, Ukrainian forces will be able to maintain and operate them.

    The tanks won’t be drawn from DoD’s stocks, as has been the case for other military aid. Rather, DoD will procure the weapons with money provided through the Ukraine Security Assistance Initiative. This means it will be months before Ukraine actually gets them.

    “There are technical aspects to the Abrams, which makes it a little bit more challenging than some systems that we have provided,” said a second senior administration official. “There’s supply chain issues that have to be dealt with, certainly training and maintenance issues that has to be dealt with.

    “That’s why we’re doing it this way, through USAI, so that we can take the time, not too much, but take enough time to make sure that when they get into the field that the Ukrainians can use them and maintain them and keep them in the fight effectively offensively on our own.”

    Another reason to procure the Abrams through contracts rather then sending them directly from DoD stocks is because the Pentagon does not have sufficient tanks in its inventory to transfer them to Ukraine, said a third senior administration official.

    “As with other capabilities, you’ve seen us do this before if we do not have readily within U.S. stocks, then we go the procurement route to make sure that we can procure the right capability for Ukraine,” the person said. “That is what we’re doing here with the Abrams.”

    The M1s will build on the capabilities the Pentagon has provided in previous aid packages, including hundreds of armored vehicles, air defenses and artillery shells, officials said.

    DoD is now working through the challenges of delivering the Abrams and supporting them on the battlefield. The military will be setting up a “very careful” training program to teach the Ukrainians how to maintain, sustain and operate the weapons, “which do require a good deal of assistance,” the official said.

    In addition to the tanks themselves, DoD is also procuring eight M88 recovery vehicles, which are designed to repair or replace damaged Abrams parts during a fight, as well as extricate vehicles that become bogged down. These vehicles “go with the Abrams to be able to provide coverage of your operation, to make sure Ukrainians will be able to keep these Abrams up and running,” the official said.

    At the same time, DoD is training Ukrainians on combined arms maneuver tactics, which will allow Ukrainian forces to integrate the Abrams and other armored capabilities into their overall operations.

    All of these weapons are aimed at helping Ukraine continue fighting Russia over the coming weeks and months, particularly in the wide-open terrain of the northeastern Donbas region, said the third senior administration official. The Abrams, in particular, is reflective of the administration’s long-term commitment to the war.

    “We’ve said all along, the capabilities we’re going to provide are going to evolve with the needs of the war. And I think that’s what you’re seeing here,” said the second senior administration official.

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    ( With inputs from : www.politico.com )