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Govt to boost electronics manufacturing to Rs 24 lakh cr, create 10 lakh jobs

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The Narendra Modi government’s target is to increase electronics manufacturing capability to Rs 24 lakh crore by 2025-26, which will also help create over 10 lakh jobs, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Friday.

Addressing a gathering of students here as part of the ‘New India for Young India Initiative’, the minister said that young Indians are driving the country’s progress in India’s ‘Techade’.

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“There are more than 90,000 startups, including 110 unicorns, in which Young Indians are playing a big part. They have achieved their success due to their hard work and efforts and not because of any connections or famous last name, ” he told a packed audience.

Chandrasekhar had an interactive session with students in which, he answered their queries ranging from skilling, R&D and innovation ecosystem, entrepreneurship opportunities and Microsoft co-founder Bill Gates’ recent meeting with him.

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On a query about the Silicon Valley Bank (SVB) crisis and Indian government’s role to mitigate the woes of the startups, the minister said, the country’s banking system is much more resilient and stronger in comparison to any other country’s banking system.

“The startups should, therefore, opt for Indian banks as their preferred banking partners,” he added.

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The minister had earlier said that over a billion dollar worth of capital “attributable to Indian startups” was stuck in deposits at SVB when it collapsed.

Chandrasekhar also informed that over $250 million have been transferred from SVB to GIFT City banks in the last few days.

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If Hulk had a pet bull! Watch the stature of this bull while walking down Indian street

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Hulk, the green skin, bulky and muscular humanoid possessing limitless physical strength is one of the favourite superheroes of Marvel Comics. This member of MCU’s Avengers stuns his opponents with his strength and physique. This fictional character has a wide fan base across the world including India.

But, did you ever wonder if Hulk had a pet bull, how would it look?

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Recently, a video surfaced on social media that shows a big black bull walking fearlessly down a street in India.

Also Read: Lucky deer escapes from jaws of death twice dramatically, watch

One can find several videos and reports of large bulls with the monstrous physique. A specific cattle breed with a genetic mutation looks enormous. The mutation causes the muscles to double.

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Of course, such bulls will surprise anyone with their monstrous look.

However, this male bovine captured in India seems to be from some other world. As the bull walks on the street, people watch it anxiously being on the roadside. Even people captured it on their mobile cameras. The size and muscular build of the bull will surprise anyone.

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The video shared on Twitter by Graphite Czech has now gone viral on social media with several users sharing it massively. Even the video has invited interesting and hilarious comments from netizens. 

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Also Read: White deer captured on camera lens in wildlife sanctuary; picture goes viral

One user wrote, “There is absolutely no way this is real – did he come from the nether realm? Has he come to claim our souls?” (sic)

Another wrote, “That’s an UFO.” (sic)

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“Whose gonna stop it haha not me whahaha,” wrote a third user. (sic)

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Odisha STA in action mode against underage driving, several students fined

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Several traffic violators across the State were slapped with hefty fines as the State Transport Authority (STA) began a week-long special crackdown on underage driving ahead of the zero fatality week.

According to sources, several minor students were fined Rs 25,000 during the special enforcement drive launched by the STA.

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Taking to Twitter, STA wrote, “If caught, the parent or vehicle owner will be fined with Rs.25000 & a 3-year jail term while the registration of the vehicle will be cancelled. Minor will also not be eligible for applying for licence until he or she turns 25. #SayNoToUnderAgeDriving.”

“As per the government guidelines, we are observing Tuesday as zero tolerance day. The underage drivers without licence are in our focus. Stringent action will be taken against the violators,” said Bibhav Samantasinghara, Rourkela RTO.

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“We are focusing more on the minors who are driving without license. The special crackdown is being carried out across Odisha. Cases against several violators have been registered,” said Lalmohan Sethi, additional commissioner of enforcement of STA. 

“I would like to urge the parents not to give two wheelers to their children. We would be successful if we obey the rules. We don’t want to put anyone into trouble, our aim is to avoid untimely accidental deaths,” Sethi added.

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Earlier yesterday, the STA had warned that the violators will be fined up to Rs 25,000 for underage driving. Besides, the vehicle will be seized and its registration will be cancelled. 

Most importantly, a case will be lodged against the registered owner of the vehicle. As per the law, the violator can be awarded 3 years jail term.

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Electricity Amendment Bill not to impact agriculture sector, says Power Minister

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The Electricity (Amendment) Bill, 2022 covers amendments related to power sector and there is no amendment proposal related to agriculture sector, the Parliament was told on Tuesday.

Power Minister R.K. Singh gave the assurance in response to a question in Lok Sabha during Question Hour.

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“Further, the provision of subsidy as in the present Act i.e. Electricity Act, 2003 is not proposed to be changed and the states can continue to give subsidy to farmers and other consumers as they are doing at present,” he said.

As per Electricity Act, 2003, the subsidy to specific categories of consumers including domestic and farmers is decided by state governments.

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The proposed legislation is currently under consideration of the Parliamentary Standing Committee on Energy, which is headed by BJP MP Jagdambika Pal.

Last year during the Monsoon session, the Electricity (Amendment) Bill was referred to the Parliamentary Committee by the power minister, immediately after being introduced in Lok Sabha, amid protests by opposition that it encroached upon powers of states and allows privatisation of electricity on the lines of communication sector.

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