Global Liveability Index 2024
The Economist Intelligence Unit (EIU) released its most recent Global Liveability Index.
The 10 Best Cities to live in the World:
1.Vienna, Austria
2.Copenhagen, Denmark
3.Zurich, Switzerland
4.Melbourne, Australia
5.Calgary, Canada (tied with Geneva)
The 10 Worst Cities to live in the World:
1.Caracas, Venezuela
2.Kyiv, Ukraine
3.Port Moresby, PNG
4.Harare, Zimbabwe
5.Dhaka, Bangladesh
Production Linked Incentive (PLI) scheme
Government decided to manufacture a Glucagon-like peptide receptor agonist (GLP-1RA) drug in India under the Production Linked Incentive (PLI) scheme from 2026.
GLP-1RA is a class of anti-diabetic drugs which are also used for weight loss.
Drugs like Ozempic (for diabetes), and Wegovy (for obesity) also going to manufacture.
The PLI scheme is an ambitious central scheme to scale up domestic manufacturing capability, accompanied by higher import substitution and employment generation.
PLI launched in March 2020, the scheme at present covers 14 sectors.
Domestic and Foreign companies receive financial rewards for manufacturing in India, based on a percentage of their revenue over up to five years.
Puducherry
1st July is marked as the foundation day of Puducherry as on this day the Government of Union Territories Act 1963 providing Puducherry with Legislative Assemblies and Council of Ministers came into force.
The present UT of Puducherry was formed in 1962 out of the four former colonies of French (Puducherry, Karaikal, Mahe and Yanam) India.
The Puducherry and Karaikal regions are surrounded by the state of Tamilnadu while Mahe is surrounded by the state of Kerala and Yanam by the state of Andra Pradesh.
In around the fourth century A.D. Puducherry area was part of the Pallava Kingdom of Kanchipuram after which Chola took over it.
The foundation of modern Puducherry was laid in the year 1673 after the French East India Company successfully obtained firman (a permit) from the Qiladar of Valikondapurarm under the Sultan of Bijapur.
Puducherry was captured by the Dutch in 1693 but was returned to the French company by the Treaty of Ryswick in 1699.
In 1674, Francois Martin was appointed as the first Governor by the French East India Company which undertook the ambitious project to transform Pondicherry from a small fishing village into a flourishing port town.
The Battle of Wandiwash (1960) which was the decisive battle of the Third Carnatic War was won by the English and Treaty of Peace of Paris (1763), that followed the war, restored to the French their factories in India (including Puducherry).
On 1st November 1954, Puducherry became a Union Territory after the French possessions in India were transferred to the Indian Union and 280 years of French rule came to an end.
Puducherry became officially an integral part of India after the French Parliament in Paris ratified the Treaty with India in 1963.
Article 239 of the Constitution of India and the Government of Union Territories Act 1963, the President of India has framed the Business of the Government of Puducherry (Allocation) Rules 1963.
The name of Pondicherry was changed to Puducherry by The Pondicherry (Alteration of Name) Act 2006.
Nomadic Elephant
The 16th “Nomadic Elephant” Joint Military Exercise will take place between the Indian Army and the Mongolian Army from July 3, 2024, to July 16, 2024.
Going to do this military drill in Umroi, Meghalaya.
The goal of the practice is to get both armies ready for UN peacekeeping missions by focusing on semi-conventional warfare.
The continuation of the “Nomadic Elephant” series shows that India and Mongolia are becoming more strategic partners, especially when it comes to defense.