DAILY PIB NOTES-NOVEMBER 18 2020

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General Studies-01

General Studies-02

Webinar and Expo with Indonesia on Indian Defence Industry Global Outreach for Collaborative Partnerships

News

• A webinar between India and Indonesia was held yesterday with the theme “Indian Defence Industry Global Outreach for Collaborative Partnerships: Webinar and Expo India Indonesia Defence Cooperation”.
• It was organized under the aegis of Department of Defence Production, Ministry of Defence through SIDM.

Boost defence exports

• This webinar was part of the series which are being organized with friendly foreign countries in order to boost defence exports and achieve defence export target of $5 billion in the next five years.
• Key officials from both sides participated in the webinar and spoke about need to leverage opportunities for modernizing armed forces and in indigenization of the defence industry.

Inaugurated capacity building component of the PM-FME Scheme

News: 

Union Minister for Food Processing Industries virtually inaugurated the capacity building component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme (PM-FME Scheme) and launched the GIS One District One Product (ODOP) digital map of India.

Beyond News: PM-FME Scheme

• Launched under the Aatmanirbhar Bharat Abhiyan,
• Scheme is a centrally sponsored scheme

Aim:  to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector and provide support to Farmer Producer Organizations, Self Help Groups, and Producers Cooperatives along their entire value chain.

With an outlay of Rs. 10,000 crore over a period of five years from 2020-21 to 2024-25, the scheme envisions to directly assist the 2,00,000 micro food processing units for providing financial, technical, and business support for upgradation of existing micro food processing enterprises.

General Studies-03

India’s AI supercomputer Param Siddhi 63rd among top 500 most powerful non-distributed computer systems in the world

News

• Param Siddhi, the high performance computing-artificial intelligence (HPC-AI) supercomputer established under National Supercomputing Mission (NSM) at C-DAC has achieved global ranking of 63 in TOP 500 most powerful non-distributed computer systems in the world released.

HPC-AI

• The AI system will strengthen application development of packages in areas such as advanced materials, computational chemistry & astrophysics, and several packages being developed under the mission on platform for drug design and preventive health care system, flood forecasting package for flood prone metro cities like Mumbai, Delhi, Chennai, Patna and Guwahati.
• This will accelerate R&D in war against COVID-19 through faster simulations, medical imaging, genome sequencing and forecasting and is a boon for Indian masses and for start-Ups and MSMEs in particular.
• It is a boon for application developers and will help testing of weather forecasting packages by NCMRWF & IITM, geo-exploration packages for oil and gas recovery; packages for aero-design studies; computational physics and mathematical applications and even online courses for education.
• Param Siddhi Supercomputer is built on theNVIDIA DGX SuperPOD reference architecture networking along with C-DAC’s indigenously developed HPC-AI engine, software frameworks and cloud platform and will help deep learning, visual computing, virtual reality, accelerated computing, as well as graphics virtualization.
• Mihir have made it to the TOP500 list of the world’s most powerful supercomputers. The system ranked 63rd and 146^th.
• ‘Mihir’ is a 2.8 Petaflop supercomputer which has been operational at the National Centre for Medium Range Weather Forecast (NCMRWF), Noida. It is one of the powerful systems owned by the Ministry of Earth Sciences and has helped improve India’s forecasting skills.

The list comprised 212 systems of China followed by the US (113) and Japan (34). However, USA maintained its performance-wise domination, offering a total of 668.7 Petaflops, seconded by Japan (593.7 Petaflops) and China (593.7 Petaflops).

PM SVANidhi Scheme (Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi Yojana)

News: 

Under the PM SVANidhi-Pradhan Mantri Street Vendor’s Atma-Nirbhar Nidhi- A Special Micro-Credit Facility Scheme, 27,33, 497 applications have been received out of which 14,34,436 have been sanctioned and about 7,88,438 loans disbursed. 

Beyond News:

• Under PM SVANidhi scheme, street vendors can get working capital of up to Rs 10,000 at subsidised rates. 
• Urban Local Bodies are playing pivotal role in the implementation of the scheme.
• In order to ensure fast implementation of the scheme with transparency, accountability and consistency, a digital platform with web portal/ mobile app has been developed to administer the scheme with end-to-end solution. The IT platform integrates the web portal/ mobile app with UdyamiMitra portal of SIDBI for credit management and PAiSA portal of MoHUA to administer interest subsidy automatically.