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Hello, Everyone! PM Modi visited Russia on Monday, 8th of July 2024, to consolidate bilateral and ties between Bharat & Russia. This was his maiden visit to Russia after his third term of holding the PM Office, which marked the even greater significance of the visit. His visit also heralds ambitious trade and investment, industrial cooperation, climate crisis,enhancement of trade between Russia & Bharat, the study of polar environments,arbitrarial civil-law dispute resolution, collaboration in terms of broadcasting, cooperation in the mutual exchange of cognizance in geodesy, cartography, and spatial data infrastructure.

Hello, Everyone! On 23rd of July 2024 Finance Minister Nirmala Sitaraman presented the recent union budget 2024 which underscored inclusive growth, prioritizing the well-being of underprivileged, women, youth, and the crucial agriculture sector. The Budget 2024 presents a roadmap for a more inclusive and prosperous Bharat-A Journey Towards Atmanirbhar Bharat. By emphasizing on important aspects such as social welfare, job creation as well as strategic investments, the budget aims to empower various sections of our society and surge our country's growth trajectory. Pic Source: Business Today Pic URL : https://www.businesstoday.in/union-budget/story/pm-narendra-modi-hails-union-budget-2024-says-budget-empowers-middle-class-women-poor-villagers-438401-2024-07-23 In this blog post, we will delve deeper into the salient features of Budget 2024. So, let us get started. Let us focus on navigating through the pivotal features of Budget 2024 one by one. - > 1. Empowering The Underprivileged: Empowering the underprivileged was among the key features of the budget this year. It focused on spending on social welfare programs with a vision to consolidate the people in dire need of it. It is expected to witness more funds for boosting the pivotal sectors such as education, health care, and rural development. ->2. Recognition Of Women's Potential: The budget also marked the immense potential of women and it entailed unique initiatives directed towards the economic empowerment of women. Incorporating measures such as encouraging states to lower property stamp duties, especially for women, and giving them financial support in loans will transcend the financial status of women. ->3. Nurturing Future Workforce With Key Skillset: Empowered youth is an empowered nation, I believe. This year's budget marvelously centered on job creation by proposing skilling programs as well as incentives to equip young people with the key skills to sustain and survive in the skill market. If we invest today in the future workforce, then definitely Bharat's economic growth will be propelled. Nurturing the key skills in today's youth will be a game changer for our country. -> 4. Boosting Agricultural Backbone: Bharat's farmers who are the agricultural backbone of our country received the much -needed support. The plans to uplift agricultural productivity and resilience were outlined in the budget for a better future for the farmers of our country. ->5. Increase In Govt's Spending On Key Initiatives -Higher Fiscal Deficit: Budget 2024 proposes the government's spending on key initiatives such as social welfare programs, infrastructure development, and job creation. This might lead to a rise in fiscal deficit in the short term. The government expects the long-term benefits to outweigh the negative effects of borrowing money. Fiscal deficit refers to a situation where the government spends more money than it collects in taxes,and other sources.Th is financial gap is addressed by borrowing money internally as well as externally.Let us understand them. Internal Sources Of Money Borrowing : 1.Market Borrowings 2. Small Saving Schemes 3.De posits From Public Sector Undertakings External Sources Of Money Borrowing : 1.Loans From Foreign Govdrnments & Institutions 2.Is suing Sovereign Bonds ->6. Tax Tweaks & Reforms : The proposed budget 2024 has some modifications in the tax measures.Su ch as , there is a rise in Securities Transaction Tax(STT) and it ois estimated to impact some investors.How ever, the reduction in both short-term and, long term investment gains could incentivize investment.Al so , there could be a sigh of relief for the middle class section in terms of tax as they might be given tax relief, making it easier for making their ends meet. Conclusively, we can say that  Budget 2024 presents a roadmap for a more inclusive and prosperous Bharat-A Journey Towards Atmanirbhar Bharat. Thank You. References : https://economictimes.indiatimes.com/news/economy/indicators/budget-2024-in-five-key-charts-more-spending-debt-control/articleshow/111973438.cms?from=mdr

Hello, Everyone! Two prominent Bharatiya space sci entists, Prahlad Chandra Agarwal & Anil Bharadwaj received distinguished awards at the recent international meeting on space research (COSPAR) to mark their remarkable contributions to the field. COSPAR-Committee On Space Research is the world's leading organization for space science research which highlights the significance of the event. Pic Source: Indian Express Pic URL : https://indianexpress.com/article/technology/science/indian-space-scientists-international-meet-award-prahlad-agarwal-anil-bhardwaj-9456148/ The designation came up at the 45th COSPAR Scientific Assembly- a prestigious event marked by a panel of space research experts. In this blog post, we will navigate the intricacies of the recently held meeting. So, let us get started. But before going further, let us first understand what COSPAR is. ABOUT COSPAR: COSPAR -Committee On Space Research was coined in 1958 and is the world's leading scientific body dedicated to space research. Every two years, a scientific assembly unites thousands of space scientists worldwide. This year the meeting was held in Busan, South Korea. Now let us delve into the nuances of the prestigious awards and the awardees. THE AWARD WINNERS : ->1. PRAHLAD CHANDRA AGARWAL: He is a retired physics professor and a senior Bharatiya space scientist and was conferred with the coveted Harrie Massey Award. The award highlights his remarkable contribution and leadership in space research. He is renowned for his phenomenal contribution to X-ray astronomy and has led Bharat's maiden multiwavelength astronomy satellite, AstroSat.His contributions have been incredibly impactful. His work has been cited in over 300 research papers. He was a key player in the Chandrayaan -1 lunar mission. As a part of the award, a minor planet will be named after him! Glory to our nation isn't it? -> 2. ANIL BHARADWAJ: He is currently the director of the Physics Research Laboratory (PRL) in Ahmedabad, honored with the Vikram Sarabhai Medal. This medal was established jointly by COSPAR & ISRO (the Indian Space Research Organisation) and honors outstanding space science research in developing countries. The Bharat's shining star Anil Bharadwaj holds prowess in planetary space science and solar system exploration.He has had a pivotal role in many of ISRO's space missions such as Chandrayaan (lunar mission), Mangalyaan (Mars Orbiter) as well as Aditya -L1(Sun Exploration). Let us now understand the significance of these awards. THE SIGNIFICANCE : Both the Harrie Massey Award and the Vikram Sarabhai Medal have their recognition being conferred to eminent space science scientists for their impressive achievements. This year they have their mark in honouring the two shining stars of Bharat's origin Agarwal and Bharadwaj, having their unprecedented achievements. Their contributions have not only contributed to Bharat's space research but also made an impact on the international space science community. Their remarkable work continues to inspire the gen-next space explorers!! Conclusively, we can say that both the Bharatiya scientists Prahlad Chandra Agarwal and Anil Bharadwaj have contributed in leadership and contribution in space research and space and planetary science research respectively. Thank You. References : https://indianexpress.com/article/technology/science/indian-space-scientists-international-meet-award-prahlad-agarwal-anil-bhardwaj-9456148/

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