Month: March 2024

Government of India Reviews Foreign Direct Investment Policy in Space Sector

by

05 MAR 2024,  – In a significant move, the Government of India has undertaken a comprehensive review of the Foreign Direct Investment (FDI) Policy in the Space sector. The amendments, effective immediately from the date of FEMA notification, aim to further open up the sector to foreign investments while maintaining strategic control.

The revisions under Para 5.2.12 of the Consolidated FDI Policy Circular of 2020 introduce changes in various segments of the space industry, providing a clearer framework for foreign investors. The modifications encompass Satellite Manufacturing & Operation, Satellite Data Products, Launch Vehicles, Spaceports, and Manufacturing of Components and Systems/Subsystems for the space sector.

Satellites – Manufacturing & Operation:

  • Sectoral Cap: 100%
  • Entry Route: Up to 74% – Automatic, Beyond 74% – Government route

This category involves end-to-end manufacturing and supply of satellites and/or payload, including control of in-orbit operations.

Satellite Data Products:

  • Sectoral Cap: 100%
  • Entry Route: Up to 100% – Automatic

Encompassing the reception, generation, or dissemination of earth observation/remote sensing satellite data and data products, including Application Interfaces (API).

Ground Segment & User Segment:

  • Sectoral Cap: 100%
  • Entry Route: Up to 100% – Automatic

(a) Ground Segment: Involves the supply of satellite transmit/receive earth stations, gateway, teleports, satellite Telemetry, Tracking and Command (TTC) station, Satellite Control Centre (SCC), etc.

(b) User Segment: Encompasses the supply of user ground terminals for communicating with the satellite, excluding those covered under the ground segment.

Launch Vehicles and Associated Systems or Subsystems:

  • Sectoral Cap: 100%
  • Entry Route: Up to 49% – Automatic, Beyond 49% – Government route

This includes vehicles and components designed for operating in or placing spacecraft with payloads in suborbital trajectory, earth orbit, or outer space.

Creation of Spaceports for Launching and Receiving Spacecraft:

  • Sectoral Cap: Not specified
  • Entry Route: Up to 100% – Automatic

A spaceport or launch site is considered the base from which spacecraft are launched, consisting of facilities for transportation to, from, and via outer space.

Manufacturing of Components and Systems/Subsystems:

  • Sectoral Cap: 100%
  • Entry Route: Up to 100% – Automatic

Comprising the manufacturing and supply of electrical, electronic, and mechanical components, systems/subsystems for satellites, ground segment, and user segment.

The investee entities in the space sector are required to adhere to sectoral guidelines issued by the Department of Space. These guidelines are subject to periodic updates.

This forward-looking policy is expected to attract foreign investments, foster innovation, and propel India’s space sector to new heights. The government’s commitment to maintaining strategic control while encouraging international collaboration is evident in this revised FDI policy.

AI Traffic Signals to Enhance Safety at Peddem Junction – Adv Carlos Alvares Ferreira

by

In response to growing concerns about the safety of Peddem junction, the MLA of Aldona constituency Adv Carlos A Ferreira informed that the   government has taken decisive action by approving the installation of advanced Artificial Intelligence (AI) traffic signals equipped with cameras. This move comes amid heightened risks associated with the reduced height of the rumbler strips, coupled with the prevalence of speeding vehicles in the area.

Acknowledging the potential dangers, authorities have expedited the process to address the traffic-related challenges at Peddem junction. The decision to implement AI-powered traffic signals is seen as a significant step towards enhancing safety and ensuring smoother traffic flow at the busy intersection.

The state-of-the-art traffic signal system is set to arrive from Chennai, and installation is expected to commence within the next two months. The inclusion of AI technology will not only regulate traffic effectively but also provide additional surveillance capabilities through integrated cameras. This initiative aims to bolster overall safety measures and reduce the likelihood of accidents at the junction.

 

१६ हजार पेक्षा जास्त मते मिळवून देणार असल्याची ग्वाही वास्कोचे आमदार कृष्णा साळकर यांनी दिली.

by

वास्को(प्रतिनिधी) दक्षिण गोव्यात लोकसभा निवडणुकीत भाजपचा उमेदवार मोठ्या मताधिक्याने निवडूण येणार आहे.मुरगाव तालुक्यातील वास्को मतदार संघातून भाजप उमेदवाराला १६ हजार पेक्षा जास्त मते मिळवून देणार असल्याची ग्वाही वास्कोचे आमदार कृष्णा साळकर यांनी दिली.
भारतीय जनता युवा मोर्चा , नमो युवा चौपाल ( चाय पे चर्चा) कार्यक्रम वास्को बसस्थानकावर पार पडला. यावेळी वास्कोचे आमदार कृष्णा साळकर यांच्या समवेत गोवा भाजप युवा मोर्चा अध्यक्ष समिर मांद्रेकर, राज्य मानव संसाधन विकास मंडळाचे उपाध्यक्ष तथा वास्को भाजप गटाध्यक्ष दिपक नाईक, मुरगावचे नगराध्यक्ष गिरीश बोरकर, नगरसेविका शमी साळकर, दक्षिण गोवा भाजप युवा मोर्चा सचिव किरण नाईक, वास्को भाजप युवा मोर्चा अध्यक्ष अमय चोपडेकर, प्रशांत नार्वेकर, संदीप नार्वेकर, दिलीप काजळे, माजी नगरसेवक अनिल चोपडेकर, माजी नगरसेविका रोचना बोरकर व इतर पदाधिकारी, नागरीक उपस्थित होते.
देशाचे पंतप्रधान नरेंद्र मोदी यांनी आर्टिकल ३७० हटवून जम्मू काश्मीरला खऱ्या अर्थाने न्याय मिळवून देण्यासाठी महत्वाचे पाऊल उचलले आहे. केंद्र सरकारच्या मागदर्शनाखाली गोव्यात मोठ्या प्रमाणात विकासकामे मार्गी लागत आहे. दक्षिणेत भाजप उमेदवार लोकसभा निवडणुकीत यश संपादन करून ४०० पार मध्ये महत्वाची भूमिका बजावणार असल्याचे आमदार कृष्णा साळकर यांनी सांगितले.वास्को भाजप गटाध्यक्ष दिपक नाईक यांनी केंद्र सरकारच्या योजना विषयी माहिती देताना सांगितले की, प्रत्येकांनी केंद्र व राज्य सरकारच्या योजनाचा लाभ घेणे आवश्यक आहे. मोदी सरकारच्या कार्यकाळात गरीब, मध्यम वर्गीयांना सर्व सवलती प्राप्त झाल्या असून यात आणखीन भर घालण्यासाठी भाजपला येत्या लोकसभा निवडणुकीत ४०० पार करण्याचे आवाहन केले. दक्षिण गोव्याचे काँग्रेसचे खासदार फ्रान्सिस सार्दिन यांनी निवडून येऊन कधीच वास्कोचा विचार केला नाही. खासदार म्हणून सार्दिन सपशेल अपयशी ठरले असल्याची माहिती दिपक नाईक यांनी दिली. याप्रसंगी नगराध्यक्ष गिरीश बोरकर, किरण नाईक व इतरांची मार्गदर्शन पर भाषणे झाली. संपूर्ण कार्यक्रमाचे सूत्रसंचालन सिद्धार्थ कासकर तर आभार प्रदर्शन दामोदर लोटलीकर यांनी केले.
फोटो: वास्को बस स्थानकांवर भारतीय जनता युवा मोर्चा, नमो युवा चौपाल कार्यक्रमात जनतेला मार्गदर्शन करताना आमदार कृष्णा साळकर, बाजूस वास्को भाजप गटाध्यक्ष दिपक नाईक , नगराध्यक्ष गिरीश बोरकर, अमय चोपडेकर व इतर.

Vasco Gears Up for BJP Victory in South Goa Lok Sabha Elections

by

Vasco, March 3, 2024 — Anticipation is running high in Vasco as the Bharatiya Janata Party (BJP) candidate for the Lok Sabha elections in South Goa is expected to secure a significant victory, with the assurance of over 16 thousand votes from the Vasco constituency in Mormugao taluka.

Vasco MLA Krishna Salkar, a prominent figure in the BJP, expressed confidence in the party’s candidate during the Bharatiya Janata Yuva Morcha’s (BJYM) Namo Yuva Choupal program (Chai Pe Charcha) held at Vasco Bus Stand. The event witnessed the participation of key BJP leaders and officials, including Goa BJP Yuva Morcha President Sameer Mandrekar, State Human Resource Development Board Vice President and Vasco BJP Group President Deepak Naik, Murgaon Mayor Girish Borkar, Corporator Shami Salkar, South Goa BJP Yuva Morcha Secretary Kiran Naik, Vasco BJP Yuva Morcha President Amay Chopdekar, Prashant Narvekar, Sandeep Narvekar, Dilip Kajale, former corporator Anil Chopdekar, former corporator Rochna Borkar, and numerous citizens.

The event showcased the unity and support within the BJP ranks as leaders shared their vision for the upcoming elections. MLA Krishna Salkar emphasized the significant role the BJP candidate is expected to play in the development of the region post the Lok Sabha victory.

Speaking about the achievements of the Modi government, Vasco BJP Group President Deepak Naik highlighted the removal of Article 370 in Jammu and Kashmir as a crucial step towards achieving justice. He also encouraged everyone to make the most of the central and state government’s schemes, emphasizing the benefits that have been extended to the poor and the middle class during the tenure of the Modi government.

The leaders urged the citizens to rally behind the BJP in the upcoming Lok Sabha elections, with a goal of surpassing the 400-mark. Criticizing the incumbent South Goa Congress MP Francis Sardin, the BJP leaders claimed that Sardin’s tenure had failed to address the needs of Vasco.

The event featured speeches by Mayor Girish Borkar, Kiran Naik, and others who echoed the sentiments of progress and development under the BJP leadership. The entire program was skillfully moderated by Siddharth Kaskar, and the vote of thanks was delivered by Damodar Lotlikar.

The accompanying photo captured the vibrancy of the event, with BJP leaders guiding citizens during the Namo Yuva Choupal program at Vasco bus station. MLA Krishna Salkar took center stage, flanked by prominent leaders such as Vasco BJP Group President Deepak Naik, Municipal President Girish Borkar, Amay Chopdekar, and others. The image reflected the unity and determination of the BJP as they gear up for the forthcoming Lok Sabha elections in South Goa.

National Fishworkers Forum (NFF) Hails India’s Stance on WTO Fisheries Agreement at MC13

by

Abu Dhabi, March 3, 2024

In a recent press release, the National Fishworkers Forum (NFF) expressed its satisfaction with India’s steadfast refusal to rectify the World Trade Organization (WTO) fisheries agreement on subsidies during the 13th Ministerial Conference (MC13) held in Abu Dhabi. Mr. Olencio Simoēs, the General Secretary of NFF, commended the Minister of Commerce and Industry, Piyush Goyal, and the official WTO delegation for vehemently advocating India’s position in support of small-scale fishers engaged in sustainable fishing practices.

At the heart of the matter is the concern for the livelihoods of small-scale fisherfolk who play a crucial role in maintaining ecological balance while contributing significantly to India’s seafood industry. The WTO fisheries agreement aims to address concerns about overcapacity and overfishing resulting from subsidies provided for fuel equipment, vessel construction, and market prices of caught fish.

Mr. Simoēs highlighted the importance of sustaining India’s position in the upcoming 14th Ministerial Conference (MC14), anticipated to be held in Cameroon two years from now. The NFF General Secretary asserted that ratifying the agreement would jeopardize essential subsidies crucial for the survival of small-scale fishers. Such subsidies, according to WTO regulations, are perceived as contributing to overcapacity and overfishing in the industry.

The NFF’s position aligns with the interests of small-scale fisherfolk, emphasizing the importance of recognizing their sustainable practices. The organization believes that the continuation of subsidies is essential to ensure the livelihoods of these communities and promote responsible fishing practices.

Deborah James, the facilitator of the global Our World Is Not for Sale (OWINFS) network, felicitated Mr. Olencio Simoēs for his passionate, dedicated, and successful advocacy at MC13. Recognizing the critical role of small-scale fisherfolks in national development, James praised NFF’s efforts in promoting sustainable fishing practices and protecting the interests of those dependent on the fishing industry.

As India prepares for the next Ministerial Conference (MC14), the NFF remains committed to safeguarding the rights and livelihoods of small-scale fisherfolk. The organization encourages continued dialogue and collaboration to address the challenges faced by the fishing community while emphasizing the need for sustainable policies that prioritize both economic development and environmental conservation.

CISF Security Guard Found Dead in his Barracks at Headland Sada

by

Murgaon, March 3, 2024

In a heartbreaking incident, a Central Industrial Security Force (CISF) constable, identified as Mungulu Behra (32), deployed as a security guard at Mormugaon port, was discovered dead by suicide in his barracks at the CISF colony in Mormugao Sada. The exact reason for the tragic act remains elusive, leaving the community and authorities in shock.

According to the Mormugaon Police, the unfortunate event unfolded on March 2 around 9:30 pm when Mungulu Behra went  to sleep in his barracks for the night. On the morning of March 2, fellow CISF personnel attempted to reach out to him on his mobile phone, intending to engage in a game of Vollyball. Concerned when he failed to answer, his colleagues approached his room, only to discover the lifeless body of Mungulu, who had hanged himself.

Swiftly reporting the incident to his superiors, the CISF personnel contacted the local authorities, and the Mormugao Police were soon on the scene. The police have conducted a Panchnama of Mungulu Behra’s body and body sent to South Goa District Hospital  for a post-mortem examination to ascertain the cause of death.

Mungulu Behra, a native of Odisha state, had been serving in the CISF and was well-regarded by his colleagues. The investigating officer, Police Sub-Inspector Stanley Gomes, expressed the perplexity surrounding the tragic event, stating,  at this point, we are unable to comprehend the reasons behind his suicide.

The incident serves as a somber reminder of the mental health challenges faced by individuals in high-stress professions, prompting calls for increased awareness and support within security forces and related organizations.

 

Withdrawal of ₹2000 Denomination Banknotes – Status

by
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on February 01, 2024.

2. The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country upto October 07, 2023.

3. The facility for exchange of the ₹2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices)1 since May 19, 2023. From October 09, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals / entities for deposit into their bank accounts. Further, members of the public are sending ₹2000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank accounts.

4. The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹8470 crore at the close of business on February 29, 2024. Thus, 97.62% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned.

5. The ₹2000 banknotes continue to be legal tender.

(Yogesh Dayal)
Chief General Manager

Press Release: 2023-2024/1979

 

1 Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram

Matka Activity Thrives in Vasco City Despite Police Raids

by

Date: March 3, 2024

Vasco City has found itself at the center of a growing controversy as illegal matka and gambling activities continue to flourish with the apparent blessings of both ruling and opposition leaders. Despite repeated police raids, the shocking revelation is that these illicit operations are not only persisting but are now reportedly taking place on municipal properties, including staff quarters, markets, and kiosks.

The rise of matka, a form of illegal gambling, has become a cause for concern among citizens who are demanding immediate intervention to curb this menace. Despite the efforts of law enforcement agencies to crack down on these activities, the lack of control from authorities has allowed the matka business to thrive within the city limits.

Police sources reveal that there have been several raids in recent months, resulting in the arrest of numerous individuals involved in the matka trade. However, the kingpins behind these operations seem to operate with impunity, often evading capture and continuing their illicit activities.

One alarming trend is the infiltration of matka operations into municipal properties. Reports suggest that municipal staff quarters, markets, and kiosks are being utilized as hubs for these illegal activities. This has raised questions about the complicity of some municipal officials and staff members in facilitating these operations.

The citizens of Vasco City are growing increasingly frustrated with the lack of control and oversight. Concerned residents are now urging the authorities to take immediate action to curb matka and gambling activities, demanding a comprehensive plan to eradicate this social problem.

Local activist groups and concerned citizens are planning to organize peaceful demonstrations and awareness campaigns to draw attention to the issue and put pressure on political leaders to take decisive action. There is a growing sentiment that the city’s reputation is being tarnished, and the safety and well-being of its residents are at risk due to the unchecked expansion of these illegal activities.

Illegal Business Operations out side Dabolim Airport is a Pose Threat to Safety and Hygiene People

by

Date: March 2, 2024

Location: Dabolim, Goa

In a shocking revelation, illegal operations run by non-Goan individuals have been discovered just outside the exit door of Dabolim International Airport, raising serious concerns about security, safety, and hygiene in an area crucial for VIP moments. The authorities are facing severe criticism for their apparent failure to address this issue promptly, putting both passengers and the general public at risk.

Dabolim International Airport, one of India’s major airports, has long been considered a high-security zone due to its strategic importance and the frequent arrival of VIPs. The recent discovery of unauthorized operations right at the exit door has ignited a wave of apprehension among citizens, highlighting the potential compromise on security measures.

The unauthorized outlet in question, allegedly run by non-locals, has been operating in close proximity to the airport’s exit, flouting regulations and posing a significant threat to the safety of passengers and airport personnel alike. The concern is not only limited to security but also extends to the compromised hygiene standards in an area that should uphold the highest standards, especially during a global health crisis.

Citizens and frequent flyers are expressing their outrage over the authorities’ apparent negligence, demanding immediate action to shut down the illegal outlet and address the security lapse. The potential risk of unauthorized individuals operating in such proximity to an international airport is a matter that cannot be taken lightly.

Local residents are calling for a thorough investigation into how such operations were allowed to flourish right under the nose of airport authorities. The compromised security in an area where VIP moments are a routine occurrence is seen as a grave oversight that demands urgent rectification.

Various stakeholders, including security experts and health officials, have echoed the concerns raised by the public. They stress the importance of a swift and comprehensive response to ensure the safety of everyone associated with the airport, from passengers and staff to VIPs and dignitaries who frequently use the facility.

The authorities have not yet released an official statement on the matter, further fueling public frustration. As the citizens demand immediate action to close the illegal outlet, questions about the effectiveness of the existing security protocols and the commitment of the authorities to safeguard public safety continue to loom large over Dabolim International Airport.

Bengaluru Rameshwaram Cafe Blast: 10 Injured in Shocking Explosion

by

 

Be

Bengaluru, March 1, 2024: A bustling afternoon at Rameshwaram Cafe in Bengaluru’s Whitefield area turned tragic as an explosion rocked the popular eatery, leaving at least 10 people injured. Karnataka Deputy Chief Minister D K Shivakumar confirmed the incident, while authorities swiftly initiated investigations into the shocking blast.

The incident occurred around 1 pm, precisely during the busy lunch hour when the cafe is typically filled with patrons from nearby offices. Initial reports suggested a possible gas leak, but Chief Minister Siddaramaiah dispelled those suspicions, revealing that an “improvised explosive” placed in a bag by an unidentified individual triggered the blast.

In a press statement, the Bengaluru city police informed that a case has been registered under the Unlawful Activities (Prevention) Act of 1967 and the Explosives Substances Act. Seven teams from the Central Crime Branch (CCB) are actively probing the incident, according to Deputy CM Shivakumar, who visited the blast site this evening.

“The blast occurred at Rameshwaram Cafe. A young man of about 28-30 years came to the cafe, purchased Rava Idli at the counter, placed the bag near a tree (adjacent to the cafe), and left. After one hour, the blast occurred,” detailed Shivakumar during his visit.

Fortunately, the ten individuals injured in the blast, comprising both customers and cafe staff, are currently receiving treatment at a nearby hospital. Officials have assured the public that their injuries are not life-threatening.

The cafe, located in east Bengaluru, is a popular spot for locals and office-goers alike. As investigations continue, authorities are urging the public to remain vigilant and report any suspicious activity to law enforcement. The motive behind the attack remains unknown, and the authorities are working tirelessly to gather more information about the incident.

The Bengaluru Rameshwaram Cafe blast has sent shockwaves through the community, prompting heightened security measures in the city. Further updates on the investigation will be provided as they become available.