Introduction
India launches the transformative “Main Nahin Hum” portal and app and facilitates a major India-Israel missile deal, while investing significantly in Fisheries and Aquaculture Infrastructure Development Fund (FIDF). Additionally, Prime Minister Narendra Modi gets honored with the prestigious Seoul Peace Prize.
‘Main Nahin Hum’ Portal and App
Recently, the Prime Minister inaugurated the “Main Nahin Hum” portal and app in New Delhi. This platform aims to consolidate the resources that corporations allocate towards social causes and coordinate them with government initiatives like Swachh Bharat and Skill India.
The portal will serve as a hub for IT professionals and companies to collaborate their efforts towards social causes and community service. It also provides an opportunity for employees to find volunteer work for different social initiatives and cooperate with their peers on these endeavors.
Furthermore, this platform is anticipated to foster a substantial collaboration for the welfare of society’s underprivileged segments, mainly by leveraging technology’s advantages. It also intends to motivate more individuals to contribute towards societal development.
Given the recent surge of start-ups in India, it is crucial that social start-ups become an integral part of this ecosystem, focusing on areas like electric vehicles that achieve both commercial and social goals.
India-Israel Missile Deal
India has granted an additional deal worth USD 777 million to a leading Israeli defense firm for supplying Barak 8 Long-Range Surface-to-Air Missile (LRSAM) Air and Missile Defence Systems to the Indian Navy.
This state-of-the-art missile system has been co-developed by several entities such as Israel Aerospace Industries (IAI), India’s DRDO, Israel’s Administration for the Development of Weapons and Technological Infrastructure, Elta Systems, Rafael, and other Indian defense companies.
Barak-8 LRSAM system is a versatile Air and Missile Defence system utilized by naval, air and land forces of both Israel and India. This system combats a wide range of threats from the air, sea, and land.
About the Barak-8 LRSAM System
| Features | Description |
|---|---|
| Phased array multi-mission radar | State-of-the art radar system providing broad defense capabilities. |
| Two-way data link | Enables real-time communication and control. |
| Flexible command and control system | Allows for simultaneous engagement with multiple targets irrespective of time and weather conditions. |
Fisheries and Aquaculture Infrastructure Development Fund (FIDF)
The Cabinet Committee on Economic Affairs has endorsed the creation of a special Fisheries and Aquaculture Infrastructure Development Fund (FIDF). NABARD, NCDC, and all scheduled Banks will serve as the primary Loaning Entities for this fund.
This fund aims to create fisheries infrastructure facilities in both marine and inland sectors. The goal is to increase fish production to 15 million tonnes by 2020 and maintain a steady growth rate of 8% -9%. The FIDF will also generate employment options for fishers and entrepreneurs involved in fishing and associated activities and facilitate the adoption of new technologies.
2018 Seoul Peace Prize
Prime Minister Narendra Modi received the 2018 Seoul Peace Prize in recognition of his attempts to boost international cooperation and global economic growth. The jury commended Modi’s ‘Modinomics’ for reducing socio-economic disparity between the rich and the poor, his anti-corruption and social integration efforts in India, as well as his contribution towards regional and global peace via proactive foreign policies.
The Seoul Peace Prize was established in 1990 to celebrate the successful completion of the 24th Olympic Games held in Seoul, South Korea. This award is given biennially to individuals who have contributed significantly to the harmony of mankind, reconciliation between nations, and world peace.
