India Signed Financing and Project Agreements with World Bank for Disaster Management
Union Government of India, the Government of Tamil Nadu and the Government of Puducherry signed the Financing and Project Agreements for World Bank assistance (IDA assistance) of 236 million US Dollar with the World Bank on 11 November 2013.
The agreements were signed for Tamil Nadu-Puducherry Coastal Disaster Risk Reduction Project (CDRRP).
The objective of the Project is to increase the resilience of coastal communities in Tamil Nadu and Puducherry, to a range of hydro-meteorological and geophysical hazards along with improving project implementation entities’ capacity to respond promptly and effectively to an eligible crisis or emergency.
The Project will have five components, which are- (i) Vulnerability Reduction; (ii) Sustainable Fisheries; (iii) Capacity building in Disaster Risk Management; (iv) Implementation Support; and (v) Contingency Emergency Response.
October Consumer Price Index CPI rises to 10.09%, food price inflation at 12.56%
The Consumer Price Index (CPI) for the month of October rose to 10.09% versus 9.84% in September. The consumer food price inflation was reported at 12.56% versus 11.44% in September.
The urban inflation for the month of October came in at 10.2% versus 9.93% in September.
Commenting on the higher-than-expected CPI number, C Rangarajan of PMEAC said, "CPI at over 10% is a disturbing sign.
Growth in CPI is due to a rise in food inflation.
Japan to provide $150 mn for Uttarakhand(India) flood relief
Japan Tuesday pledged to provide $150 million towards reconstruction efforts in Uttarakhand in the wake of devastating floods that hit the Himalayan state in June this year.
This was announced at a meeting between External Affairs Minister Salman Khurshid and his Japanese counterpart Fumio Kishida on the sidelines of the Asia-Europe Meeting.
The money is in addition to the $200,000 Japan had provided earlier through the International Federation of Red Cross and Red Crescent Societies to support the distribution of relief items and relief operations to help the flood victims.
Japan grants $130 m for infra projects as foreign direct investment in Tamil Nadu
To help increase foreign direct investment in Tamil Nadu, Japanese overseas development assistance of $130 million has been granted.
This is to help quick implementation of infrastructure projects such as roads, power, water and sewer in the State.
In addition, $177-million ODA has been given to IIT, Hyderabad to improve education and research environment.
Both the agreements were signed on Tuesday between Japanese Ambassador to India and Joint Secretary, Ministry of Finance.
T.P. Seetharam appointed new envoy to United Arab Emirates UAE
T.P. Seetharam, currently India's High Commissioner to Mauritius, has been appointed as the next ambassador to the United Arab Emirates.
An Indian Foreign Service (IFS) officer of 1980 batch, Seetharam is expected to take up his assignment shortly.
Ratan P Watal, a senior IAS officer appointed as the new Expenditure Secretary
Ratan P Watal, a senior IAS officer was appointed as the Secretary of Department of Expenditure in the Union Ministry of Finance on 11 November 2013.
He will be a successor of RS Gujral, an officer of the 1979 of Haryana cadre, who will retire from the post on 30 November 2013.
Ratan P Watal is an IAS officer of 1978 batch of Andhra Pradesh Cadre.
At present he is serving as the Secretary in the Ministry of New and Renewable Energy. Meanwhile.
The Vice President of India Released a Book Entitled Momentous Times
The Vice President of India, M. Hamid Ansari released a book entitled Momentous Times on the 175 years of Times of India at a function in New Delhi on 11 November 2013.
The Momentous Times is the fine collection and is the quick glimpse of a selective history.
The book is an effort of the Times of India Group.
The book brings together 175 landmark events, from 1838 to 2013, as seen through the eyes of Times of India.
Union Government of India, the Government of Tamil Nadu and the Government of Puducherry signed the Financing and Project Agreements for World Bank assistance (IDA assistance) of 236 million US Dollar with the World Bank on 11 November 2013.
The agreements were signed for Tamil Nadu-Puducherry Coastal Disaster Risk Reduction Project (CDRRP).
The objective of the Project is to increase the resilience of coastal communities in Tamil Nadu and Puducherry, to a range of hydro-meteorological and geophysical hazards along with improving project implementation entities’ capacity to respond promptly and effectively to an eligible crisis or emergency.
The Project will have five components, which are- (i) Vulnerability Reduction; (ii) Sustainable Fisheries; (iii) Capacity building in Disaster Risk Management; (iv) Implementation Support; and (v) Contingency Emergency Response.
October Consumer Price Index CPI rises to 10.09%, food price inflation at 12.56%
The Consumer Price Index (CPI) for the month of October rose to 10.09% versus 9.84% in September. The consumer food price inflation was reported at 12.56% versus 11.44% in September.
The urban inflation for the month of October came in at 10.2% versus 9.93% in September.
Commenting on the higher-than-expected CPI number, C Rangarajan of PMEAC said, "CPI at over 10% is a disturbing sign.
Growth in CPI is due to a rise in food inflation.
Japan to provide $150 mn for Uttarakhand(India) flood relief
Japan Tuesday pledged to provide $150 million towards reconstruction efforts in Uttarakhand in the wake of devastating floods that hit the Himalayan state in June this year.
This was announced at a meeting between External Affairs Minister Salman Khurshid and his Japanese counterpart Fumio Kishida on the sidelines of the Asia-Europe Meeting.
The money is in addition to the $200,000 Japan had provided earlier through the International Federation of Red Cross and Red Crescent Societies to support the distribution of relief items and relief operations to help the flood victims.
Japan grants $130 m for infra projects as foreign direct investment in Tamil Nadu
To help increase foreign direct investment in Tamil Nadu, Japanese overseas development assistance of $130 million has been granted.
This is to help quick implementation of infrastructure projects such as roads, power, water and sewer in the State.
In addition, $177-million ODA has been given to IIT, Hyderabad to improve education and research environment.
Both the agreements were signed on Tuesday between Japanese Ambassador to India and Joint Secretary, Ministry of Finance.
T.P. Seetharam appointed new envoy to United Arab Emirates UAE
T.P. Seetharam, currently India's High Commissioner to Mauritius, has been appointed as the next ambassador to the United Arab Emirates.
An Indian Foreign Service (IFS) officer of 1980 batch, Seetharam is expected to take up his assignment shortly.
Ratan P Watal, a senior IAS officer appointed as the new Expenditure Secretary
Ratan P Watal, a senior IAS officer was appointed as the Secretary of Department of Expenditure in the Union Ministry of Finance on 11 November 2013.
He will be a successor of RS Gujral, an officer of the 1979 of Haryana cadre, who will retire from the post on 30 November 2013.
Ratan P Watal is an IAS officer of 1978 batch of Andhra Pradesh Cadre.
At present he is serving as the Secretary in the Ministry of New and Renewable Energy. Meanwhile.
The Vice President of India Released a Book Entitled Momentous Times
The Vice President of India, M. Hamid Ansari released a book entitled Momentous Times on the 175 years of Times of India at a function in New Delhi on 11 November 2013.
The Momentous Times is the fine collection and is the quick glimpse of a selective history.
The book is an effort of the Times of India Group.
The book brings together 175 landmark events, from 1838 to 2013, as seen through the eyes of Times of India.
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