RAJASTHAN
- Rajasthan used only 12% fund for welfare of mining–hit people’
- Rajasthan has used only 12% of the allocation of fund for District Mineral Foundation (DMF), a trust to work for the interest and benefit of persons and areas affected by mining related operations
- DMF is a trust set up as a non-profit body in those districts affected by the mining activities. It was planned to work for the interest and benefit of persons and areas affected by mining related operations. It is funded through the contributions from miners. Its operation comes under the jurisdiction of the relevant state government mandated through the Mines and Minerals (Development & Regulation) Amendment Act, (MMDRA) 2015.
- The report added, Rajasthan was one of the top six states in terms of collection, with a total cumulative accrual of Rs 1,782 crore till April 2018. Nearly 34% of the total DMF collection is from Bhilwara, a minor mineral district.
- About Rs 1,062 crore sanctioned for projects under DMF, biggest investments of about 33.5% for physical infrastructure, about 32% for education. But utilization has remained only 12%.
INTERNATIONAL
Japan overtakes China as World’s 2nd biggest stock market
As a result of China’s trade war with the US and its campaign to cut debt, the value of China’s stock market fell to $6.09 trillion, losing its position as the World’s second biggest stock market to Japan ($6.17 trillion).
The U.S. has the world’s largest stock market at just over $31 trillion.
China’s stock market overtook Japan’s in 2014 and soared to an all-time high of over $10 trillion in 2015.
NATIONAL
· World’s 1st Hindi-Speaking Robot Rashmi
- Ranchi-based software developer Ranjit Srivastavais developing the world’s first Hindi-speaking humanoid robot called Rashmi.
- The robot will speak Bhojpuri, Marathi, and English, and is equipped with facial expressions and recognition systems.
- Paryatan Parv’ to be organized nationwide from 16th to 27th September, 2018
- The Ministry of Tourism, Government of India in collaboration with other Central Ministries, State Governments and Stakeholders is organizing a “Paryatan Parv” across the country from the 16th to 27th September 2018.
- The Parv is being organized 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube