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Headlines at a Glance

Headlines at a Glance – 19th January 2022

PM Modi at Davos introduces ‘P3 movement’ for climate change commitments

Prime Minister Narendra Modi introduced the “P3 (Pro-Planet People) movement” that underlines India’s climate change commitments at World Economic Forum’s (WEF) Davos Agenda 2022. He pointed towards the challenges that our lifestyle causes for the climate. ‘Throw away’ culture and consumerism has deepened the climate challenge. It is imperative to rapidly move from today’s ‘take-make-use-dispose’ economy to a circular economy”, he stressed. The Prime Minister further emphasized that India is making policies, taking decisions regarding the present as well as the goals of the next 25 years. Reiterating India’s commitment towards climate change, PM Modi said that with 17 percent of the world’s population, India contributes only 5 per cent to global carbon emissions and the commitment to tackle the climate challenge is 100 percent.

SOURCE: Business Standard

Indian Army signs contract with private sector aimed at ‘Atmanirbhar Defence’

In a significant step towards achieving self-reliance in the defence sector, the Indian Army on Tuesday signed its first contract worth Rs 96 crore with Anadrol Systems Pvt Ltd under Make-II for Manoeuvrable Expendable Aerial Target. “A significant step towards AtmanirbharDefence The first success story of Make-II Projects Indian Army has signed the first contract today under Make-II for Manoeuvrable Expendable Aerial Target with M/s Anadron Systems Pvt Ltd worth Rs96 Cr, for Army Air Defence and Indian Air Force,” Defence Production India tweeted from its official account.

SOURCE: The Hindu

Vikram Dev Dutt appointed new CMD of Air India

Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman & Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle affected by the Centre on Tuesday. Dutt, a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre, is at present Principal Secretary (Tourism) in Delhi government. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. The Centre had in October last year accepted Tata Sons’ bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier. The takeover has not been completed yet.

SOURCE: The Indian Express

52 million job deficit, 21 million more unemployed in 2022: Report

A return to the pre-pandemic performance of the global labour market is likely to remain elusive for much of the world in the coming years, the International Labour Organization (ILO) has said. In its report titled World Economic and Social Outlook – Trends 2022, the UN agency predicted that the total hours worked globally this year will remain almost 2 per cent below the pre-pandemic level, a deficit of 52 million full-time equivalent jobs. The report suggests that global unemployment will be as high as 207 million in 2022, surpassing the 2019 level by some 21 million. The ILO projections suggest that full recovery will remain elusive in all regions – Africa, the Americas, the Arab States, Asia and the Pacific, and Europe and Central Asia – while European and Pacific regions will come closest to that goal.

SOURCE: Hindustan Times

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