- The 14th Dalai Lama has received several prestigious awards, including the Nobel Peace Prize (1989) for his nonviolent struggle, the Ramon Magsaysay Award (1959) for Community Leadership, and the PV Narasimha Rao Memorial Award (2024) for his contributions to peace and leadership.
Main Point :-
(i) Gold Mercury International recognizes global leaders, individuals, companies, and organizations across eight award categories, including Global Health, Global Science & Technology, Global Culture, Global Resources, Global Economic & Social Policy, Global Peace & Security, Global Environment, and International Law & Humanitarian Affairs.
(ii) Notable recipients of the Gold Mercury Award include former U.S. Presidents Ronald Reagan and Gerald Ford for their diplomatic efforts in nuclear disarmament, as well as Prof. Robert Gallo, the American biomedical researcher who discovered the Human Immunodeficiency Virus (HIV) as the cause of AIDS.
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- The MoU was signed by Rakesh Kanwar, Secretary of Power, HP, on behalf of the HP Government, and Sandeep Kumar Sultania, Principal Secretary of Power, Telangana, on behalf of the Telangana Government.
- The signing ceremony was attended by Chief Minister of HP Sukhvinder Singh Sukhu, Deputy CM Bhatti Vikramarka Mallu, and Telangana's Energy Minister.
Main Point :-
(i) The hydropower projects, located on the Chenab River, will create 5,000 direct and indirect employment opportunities in Himachal Pradesh. Telangana has paid an upfront premium of Rs. 26 crore and will provide free power to Himachal Pradesh at varying percentages over the next 40 years, after which both projects will be transferred to Himachal Pradesh.
(ii) Telangana will also contribute 1.5% of the project costs to the Local Area Development Fund (LADF) and offer an additional 1% of free power for LADF after commissioning. Affected families will receive benefits equivalent to 100 units per month for 10 years.
(iii) The projects will harness the perennial waters of Himachal Pradesh's Himalayan rivers, which provide hydropower generation for 9-10 months annually, aligning with Telangana's Clean & Green Energy Policy 2025 for sustainable energy development.
About Telangana State Power Generation Corporation Limited (TSGENCO)
Chairman and Managing Director (CMD): Sandeep Kumar Sultania
Headquarters : Hyderabad, Telangana
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Himachal Pradesh CM Sukhvinder Singh Sukhu Recently Presents ₹58,514 Crore Budget for FY 2025-26.
In March 2025, Chief Minister (CM) of Himachal Pradesh (HP), Sukhvinder Singh Sukhu, who also holds the finance portfolio, recently presented a tax-free budget for the Financial Year 2025-26 (FY 26) amounting to Rs 58,514 crore, which is Rs 70 crore more than the previous year’s budget of Rs 58,444 crore.
- The budget primarily focuses on strengthening the economy, supporting farmers and workers, boosting tourism, and modernizing infrastructure, while simultaneously addressing the state’s financial challenges.
- For FY 26, the total revenue receipts are estimated at Rs 42,342.97 crore, and capital receipts are projected at Rs 14,602.37 crore, including Rs 13,374.74 crore from public debt and Rs 1,200.00 crore from the Provident Fund (PF). This brings the total receipts to Rs 56,945.34 crore.
- The Revenue Deficit for FY 26 is estimated at Rs 6,390.07 crore, and the Fiscal Deficit is projected at Rs 10,337.97 crore, which constitutes 4.04% of the state’s Gross Domestic Product (GDP).
Main Point :-
(i) To promote natural farming, the government plans to bring an additional 1 lakh farmers into this practice during FY 26, building upon the 1.58 lakh farmers who are already engaged in it.
(ii) Under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005, the daily wage rate has been increased from Rs 300 to Rs 320 to support rural workers.
(iii) As part of the ‘Indira Gandhi Pyari Behna Sukh Samman Nidhi Yojana’, Rs 1,500 financial assistance will be provided to women turning 21 between January 1, 2025, and March 31, 2026, as well as those working in others' homes from June 1, 2025, and their eligible daughters. Additionally, a Special Task Force (STF) will be formed to tackle rising drug abuse in the state.
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TRIFED Recently Signed MoUs with NIFT & HPMC to Boost Tribal Entrepreneurship.
In February 2025, New Delhi (Delhi)-based Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), under the Ministry of Tribal Affairs (MOTA), recently signed Memoranda of Understanding (MoUs) with New Delhi-based National Institute of Fashion Technology (NIFT) and Shimla (Himachal Pradesh, HP)-based Himachal Pradesh Horticultural Produce Marketing and Processing Corporation (HPMC) to promote tribal businesses.
- The MoUs were recently signed during the flagship event 'Aadi Mahotsav,' held in New Delhi, Delhi, from 16 to 24 February 2025.
- The MoU between TRIFED and NIFT was recently signed and exchanged between TRIFED General Manager (GM) Sandeep Pahalwan and NIFT Director Head Office Gaurav Mishra.
- The MoU between TRIFED and HPMC was recently signed and exchanged between TRIFED GM Mamta Sharma and HPMC GM Sunny Sharma.
Main Point :-
(i) The collaboration aims to strengthen tribal marketing strategies by shifting from a business-to-consumer (B2C) model to a business-to-business (B2B) approach.
(ii) These strategic partnerships focus on empowering tribal artisans and entrepreneurs by promoting handloom, handicrafts, and forest products, while also enhancing horticultural and forest product processing.
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TRIFED Recently Signed MoUs with NIFT & HPMC to Boost Tribal Entrepreneurship.
In February 2025, New Delhi (Delhi)-based Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), under the Ministry of Tribal Affairs (MOTA), recently signed Memoranda of Understanding (MoUs) with New Delhi-based National Institute of Fashion Technology (NIFT) and Shimla (Himachal Pradesh, HP)-based Himachal Pradesh Horticultural Produce Marketing and Processing Corporation (HPMC) to promote tribal businesses.
- The MoUs were recently signed during the flagship event 'Aadi Mahotsav,' held in New Delhi, Delhi, from 16 to 24 February 2025.
- The MoU between TRIFED and NIFT was recently signed and exchanged between TRIFED General Manager (GM) Sandeep Pahalwan and NIFT Director Head Office Gaurav Mishra.
- The MoU between TRIFED and HPMC was recently signed and exchanged between TRIFED GM Mamta Sharma and HPMC GM Sunny Sharma.
Main Point :-
(i) The collaboration aims to strengthen tribal marketing strategies by shifting from a business-to-consumer (B2C) model to a business-to-business (B2B) approach.
(ii) These strategic partnerships focus on empowering tribal artisans and entrepreneurs by promoting handloom, handicrafts, and forest products, while also enhancing horticultural and forest product processing.
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NABARD Sanctions 127 Projects Valued at ₹903.21 Crore in Himachal Pradesh.
The National Bank for Agriculture and Rural Development (NABARD) has approved 127 projects worth ₹903.21 crore for Himachal Pradesh (HP) for the fiscal year 2024-25. Chief Minister Sukhvinder Singh Sukhu announced this during a meeting with MLAs from Kangra, Kullu, and Kinnaur districts to discuss budget priorities for 2025-26.
- The approved projects include 50 MLA-priority schemes under the Public Works Department (PWD), amounting to ₹412.75 crore.
- Additionally, 23 schemes under Jal Shakti Vibhag have been sanctioned with a total allocation of ₹179.07 crore.
- Further allocations include ₹70 crore for the beautification of Palampur city, ₹135 crore for sewerage projects, and funding for the construction of a heliport in the region.
Main Point :-
(i) Key initiatives include the establishment of a dairy processing plant with a capacity of 1.5 lakh liters per day at Dagwar in Kangra district. Additionally, 96 electric bus charging stations will be installed to promote eco-friendly transportation.
(ii) The state government plans to secure approval for additional MLA-priority projects from NABARD by March 2025. For the fiscal year 2024-25, ₹1,087.77 crore has been allocated under the Rural Infrastructure Development Fund (RIDF), marking a 5.28% increase from the previous year.
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IREDA Collaborates with SJVN, GMR, and NEA for 900 MW Upper Karnali Hydropower Project in Nepal.
On 17th January 2025, New Delhi-based Indian Renewable Energy Development Agency Limited (IREDA) entered into a Joint Venture (JV) Agreement with Shimla, Himachal Pradesh (HP)-based SJVN Limited (formerly Satluj Jal Vidyut Nigam), GMR Energy Limited, and Nepal Electricity Authority (NEA) to develop the 900-megawatt (MW) Upper Karnali Hydropower Project on the River Karnali, the largest hydro-electric power project in Nepal.
- The agreement was signed in the presence of senior officials from IREDA, SJVN, and GMR Energy Limited in New Delhi.
- The project will receive partial funding from the Asian Development Bank (ADB) and is expected to be completed within five years of its commencement.
- IREDA will invest Rs. 174.22 crore for a 5% stake, with SJVN also investing a similar amount to acquire up to a 10% joint stake in GMR Upper Karnali Hydro Power Ltd and Karnali Transmission Co Pvt Ltd, projects executed by GMR Nepal in partnership with SJVN.
Main Point :-
(i) The joint venture agreement establishes a comprehensive framework for planning, construction, operation, and maintenance of the project under the Build-Own-Operate-Transfer (BOOT) model. The USD 1.5 billion project will operate for 25 years from its Commercial Operation Date (COD).
(ii) Out of the total power generated, Nepal will utilize only 108 MW for domestic consumption, while 792 MW will be exported to countries like India and Bangladesh, promoting renewable energy and enhancing regional energy security.
(iii) The project exemplifies cross-border collaboration by harnessing hydropower potential, offering both environmental and economic benefits.
About Indian Renewable Energy Development Agency Limited (IREDA)
CMD : Pradip Kumar Das
Headquarters : New Delhi
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C-DOT Collaborates with IIT Mandi and IIT Jammu to Develop Spectrum Efficiency Chip.
In January 2025, the Centre for Development of Telematics (C-DOT), a New Delhi-based telecom Research and Development (R&D) center under the Department of Telecommunications (DoT), Ministry of Communications (MoC), collaborated with the Indian Institute of Technology Mandi (IIT Mandi) in Himachal Pradesh and the Indian Institute of Technology Jammu (IIT Jammu) in Jammu and Kashmir to develop a chip aimed at enhancing spectrum efficiency.
- The project is supported by the Telecom Technology Development Fund (TTDF), which promotes telecom innovations by Indian startups, universities, and research institutions to improve broadband and mobile services across India.
- The TTDF was launched on October 1, 2022, by the Universal Service Obligation Fund (USOF) under the Ministry of Telecommunications (MoT) to support R&D efforts for technologies and products improving telecom services in rural and remote areas.
- The agreement was signed in the presence of Dr. Raj Kumar Upadhyay, Chief Executive Officer (CEO) of C-DOT, Dr. Rahul Shrestha, Principal Investigator from IIT Mandi, Dr. Rohit B. Chaurasiya, Co-Investigator from IIT Jammu, as well as C-DOT Directors Pankaj Kumar Dalela and Shikha Srivastava.
Main Point :-
(i) The collaboration aims to develop a Wideband Spectrum-Sensor (WSS), an application-specific integrated circuit (ASIC) chip designed to optimize spectrum usage for broadband services, especially in rural areas. The project also aims to generate intellectual property (IP) for spectrum sensing technology, critical for dynamic spectrum access.
(ii) The project will design an advanced spectrum sensing algorithm to identify unused frequency bands (spectrum holes) in communication systems, enabling interference-free operation.
(iii) The project focuses on developing hardware-efficient communication algorithms to detect underutilized frequency bands above 2 GHz, demonstrating a wideband cognitive radio module for the 6 GHz satellite band and testing designs using Field-Programmable Gate Arrays (FPGA) to improve spectrum utilization.
About C-DOT
Founder: Sam Pitroda
Headquarters : Delhi
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