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Chennai Metro Prioritizes Coimbatore and Madurai
Housing Minister Announces Survey of Homeless People in Ladakh
Union Housing Minister Manohar Lal Khattar, during his three-day visit to Ladakh, announced plans to conduct a comprehensive survey to identify homeless individuals in the region. The goal is to ensure that no one remains homeless and that all eligible individuals can benefit from the PM Awas Yojana (PMAY), a government scheme that aims to provide affordable housing to the underprivileged. This initiative aligns with the government’s broader effort to improve living conditions across the Union Territory. Khattar, who also oversees the Power and Urban Affairs Ministries, highlighted Ladakhâ€..
COP29 Climate Finance Draft Proposes $250 Bn Target from Wealthy Countries
At COP29, the presidency released a new draft climate finance deal proposing that developed nations contribute $250 billion annually by 2035 to help developing countries cope with the worsening impacts of climate change. This proposal is part of a broader plan to raise $1.3 trillion annually by 2035, sourced from both public and private funds, aimed at assisting poorer nations in reducing emissions and adapting to climate change. The proposal has sparked debate among negotiators, with some European representatives arguing that the target is too high and that there is insufficient focus on broa..
JSW to Set Up Wind Turbine Blade Manufacturing Unit in Karnataka
JSW Energy, led by Sajjan Jindal, is planning to establish a wind turbine blade manufacturing unit in Karnataka. This plant is being set up for the company’s captive use, meaning it will manufacture blades primarily for its own wind energy projects, thereby reducing dependency on imports and ensuring a steady supply of wind turbine generators (WTGs). This move is expected to bring significant cost savings in renewable energy projects, which typically involve hefty investments—around $50 million—to assemble 400-500 turbines annually. JSW operates its 12.5 million tonnes per annum steel ma..
