Odisha Switch to Hindi
Odisha CM Launches ‘Samikshya’ Portal
Why in News?
Odisha Chief Minister Mohan Charan Majhi has launched the ‘Samikshya’ portal, a real-time digital platform.
Key Points
- Objective: To monitor the implementation of development projects funded by State Finance Commission (SFC) and Central Finance Commission (CFC) grants across local bodies.
- Aim: The portal aims to enhance transparency, accountability and timely execution of development works by providing updated data on project status.
- Coverage: Projects such as roads, drinking water supply, sanitation, street lighting, parks and other public utilities in both rural and urban local bodies.
- Public access: The portal is accessible to citizens, elected representatives and officials, enabling public tracking of development works and fostering participatory governance.
- SFC Report: It also marked the submission of the 6th State Finance Commission (SFC) report to the Chief Minister.
- Focuses on strengthening the financial base of local bodies through predictable and formula-based devolution.
- Governance Impact: Samikshya is expected to improve fund utilisation, reduce delays and cost overruns, and strengthen local governance and service delivery.
- Digital Governance Step: The initiative aligns with Odisha’s broader push towards digital transformation and transparent administration.
| Read More: Finance Commission, State Finance Commission, Local governance |
National Current Affairs Switch to Hindi
New Flowering Plant Hoya nagaensis Discovered in Nagaland
Why in News?
Researchers from Nagaland University have discovered a new species of flowering plant in the high‑altitude of Nagaland.
Key Points
- Scientific name: Hoya nagaensis
- Documented during systematic botanical surveys in under‑explored forests.
- Discovery: Kavünhou Community Reserved Forest, Phek district, Nagaland.
- The discovery underscores the importance of community‑protected forests in preserving rare and endemic species, as these forests remain largely untouched and biologically rich.
- IUCN Status: Critically Endangered.
- Biodiversity Hotspot: Nagaland’s high‑altitude forests are part of the Eastern Himalayan biodiversity hotspot.
- Research Significance: The discovery contributes valuable data to India’s botanical records and global plant science, encouraging further ecological and conservation studies in the region.
| Read More: IUCN , Shifting cultivation, Biodiversity Hotspot |
National Current Affairs Switch to Hindi
SBI unveils CHAKRA Centre for financing sunrise sectors
Why in News?
The State Bank of India (SBI) has launched a dedicated Centre of Excellence (CoE) named ‘CHAKRA’ to support financing of sunrise sectors and marks a strategic push by the country’s largest lender to channel capital into next-generation industries.
Key Points:
- Aim: This initiative aims to catalyse capital expenditure of over ₹100 lakh crore by 2030 in critical future-ready industries.
- Vision:It will support project appraisal, evidence-based policy engagement, white papers and industry roundtables to inform investors and policymakers.
- Eight Focused "Sunrise" Sectors: The CoE specifically targets sectors essential for the Viksit Bharat 2047 vision:
- Green Energy: Renewable Energy, Green Hydrogen & Ammonia, and Decarbonisation.
- Technology & Infrastructure: Semiconductors, Data Centre Infrastructure, and Smart Infrastructure.
- Future Mobility: Electric Mobility (E-mobility) and Advanced Cell Chemistry (ACC)/Battery Storage.
- Risk Management: Unlike a typical think tank, CHAKRA is a "hands-on execution platform" designed to build specific risk models for emerging technologies to avoid misaligned or premature investments.
- Global Partnerships: SBI has signed MoUs with 21 domestic and global financial institutions, including Japanese banks MUFG and SMBC, to enable joint project appraisal and co-financing.
| Read More: Sunrise sectors, Advanced Cell Chemistry (ACC), State Bank of India (SBI), Viksit Bharat 2047 |
National Current Affairs Switch to Hindi
India’s First Mega Shipbuilding Cluster in Tamil Nadu
Why in News?
In a landmark move to position India as a global maritime hub, the National Shipbuilding & Heavy Industries Park, Tamil Nadu (NSHIP, TN) has been established as the country's first Special Purpose Vehicle (SPV) dedicated to developing a mega shipbuilding cluster.
Key Points:
- Joint Venture: The SPV is a 50:50 partnership between the V.O. Chidambaranar Port Authority (VOCPA)—a major port under the Union Ministry of Ports, Shipping and Waterways—and the State Industries Promotion Corporation of Tamil Nadu (SIPCOT).
- Strategic Location: The cluster will be developed at Thoothukudi (Tuticorin), leveraging its strategic proximity to international shipping lanes.
- Project Specifications:The greenfield cluster will span approximately 2,000 acres, featuring a 2 km waterfront.
- 1,000 acres are earmarked specifically for shipyards.
- 1,000 acres will host ancillary industries, marine equipment manufacturing, and common social infrastructure.
- Capacity Goal: The cluster is designed to house shipyards with a total capacity of roughly 1.2 million Gross Tonnage (GT) per annum.
- Economic multiplier: The project is expected to generate employment for over 55,000 people and attract massive global investments.
- Global Competitiveness: Helps India aim for higher share in global shipbuilding by developing a plug-and-play industrial hub.







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PCS Parikshan