SWAMIH fund : Special window for completion of constructing affordable and Mid- Income housing projects .It is created by Government of India to give relief to home buyers of stalled projects . It provides capital for construction and completion of projects with positive networth . It is providing debt financing for RERA registered Residential projects . The fund is managed by SBICAP ventures Ltd . Fund is sponsored by government of India ministry of finance has invested about rupees 5000 crore .
2. Notable achievements mentioned in Union budget 2023-24 are, (1) 11.7 crore household toilets under swachh Bharat Mission.2) 9.6 crore LPG connections under Ujjawala 3) 220 crore covid vaccination of 102 crore persons 4) 47.8 crore PM Jan Dhan bank accounts 5)Insurance cover for 44.6 crore persons under PM Suraksha Bima and PM Jeevan Jyoti Yojana. 6) cash transfer of rupess 2.2 lakh crore to over 11.4 crore farmers under PM Kisan Samman Nidhi.
3. India’s first private rocket ‘ Vikram -S’ Launched : India ‘s first privately developed rocket Vikram-S launched on November 15, 2022 at the Sriharikota launchpad . The launch of Vikram-S Rocket by ISRO . The launch of india’s first privately developed rocket was a technology demonstration flight to showcase the capabilities of the company . The rocket will help to validate the technologies that will be used in the subsequent Vikram -1 orbital vehicle of skyroot .
4. UN Report on Ozone Hole : According to a UN – based report created by an International body of experts on January 9,2023 , the earth’s ozone layer is on track to completely recover within 4 decades . Ozone is a special form of oxygen . The oxygen we breathe and that is so vital to life on earth is oxygen . Ozone layer depletion leads to an uptick in the incidence of skin cancer and cataracts in human.
