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Prelim Bits 19-01-2019

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January 19, 2019

Diffo Bridge

  • It is a 426m long bridge recently built over Diffo River in Arunachal Pradesh.
  • The work was executed by Project Udayak, Border Roads Organization (BRO) in this region.
  • It would provide uninterrupted access between Dibang valley and Lohit valley region of Eastern Arunachal Pradesh.
  • It serves as an all-weather Road to the troops deployed on the China Border.
  • Click here to know about Border Roads Organisation (BRO).

Status paper on Government Debt

  • The Central Government has been bringing-out an Annual Status Paper on Government Debt since 2010-11.
  • 8th Edition of the Status Paper was recently released.
  • It enhances transparency by providing a detailed account of debt operations of the government during the year.
  • The paper also covers details of fiscal deficit financing operations of the Central Government during the year 2017-18.
  • It states that the overall liabilities of the Central Government are on a medium-term declining trajectory.
  • Government is primarily resorting to market linked borrowings for financing its fiscal deficit.
  • It also found that  the government is comfortably placed in terms of debt sustainability parameters and is consistently improving.

First Lithium Ion Giga Factory

  • Bharat Heavy Electricals Limited (BHEL) and Libcoin are in dialogue to form a world class consortium to initially build 1GWh lithium ion battery plant in India.
  • With this, India has finally taken steps into its energy security and clean energy commitment to the world.
  • This project will bring energy independence by replacing oil imports with abundant renewable.
  • This project also includes “Made by India, for India”, with focus on core-cost components manufactured domestically.
  • It will also create integrated manufacturing ecosystem resulting in self-reliance and lower cost.

 

Source: PIB

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