Page 7 - NIS English 01-15 November, 2024

News Briefs

'FRAGILE FIVE' INDIA BECOMES THE COUNTRY WITH THE FOURTH LARGEST
FOREIGN EXCHANGE RESERVES IN THE WORLD

India's economy is making new records every day. While there was a
time when India's economy was considered a part of the 'Fragile Five'.
But India's rise from the "Fragile Five" to the fastest-growing major
economy is an example for other developing countries. Today India
has not only become the fifth-largest economy in the world but has also
set a new record in terms of foreign exchange reserves. For the first time
in history, India's foreign exchange reserves have reached above $ 700
billion. According to the Reserve Bank of India, India's foreign exchange
reserves increased by $12.588 billion in a week to reach a new all-time high
of $704.885 billion in the week ending September 27. India now has the fourth
largest foreign exchange reserves in the world after China, Japan, and Switzerland.

CENTER'S INITIATIVE TO
10 LAKH PEOPLE ARE GETTING CHEAP AND STOP POLLUTION, STRICT
GOOD MEDICINES EVERY DAY, 14 THOUSAND

CENTERS ESTABLISHED MONITORING OF STUBBLE
BURNING INCIDENTS

Steps have
been taken
42% annual by the central
growth rate
government to
recorded better coordinate
at these and monitor
Kendras the incidents of
stubble burning
after harvesting
of paddy crops
in Punjab
Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), and Haryana. CPCB's flying squads,
which has become a boon for the poor and middle class, is assisting the Commission for Air Quality
setting new records every day. The poor-middle class people Management (CAQM), have been
have saved more than Rs 25 thousand crore by purchasing deployed to identified hotspot districts
medicines from Jan Aushadhi Kendras. Up to 90 percent in Punjab and Haryana from October 1,
cheaper medicines are available to the people from Jan 2024, to November 30, 2024, where paddy
Aushadhi Kendras. Its target was to establish 10 thousand stubble-burning incidents are typically
Kendras earlier, which the country achieved ahead of time higher. The deployed flying squads will
and now with the efforts of the central government moving work in coordination with the concerned
towards the target of 25 thousand by March 2026, its number officials, district-level officials, and nodal
has reached about 14 thousand Kendras. In September 2024, officers appointed by the respective state
these Kendras achieved record sales of ₹200 Crores - the government. The comprehensive action
highest monthly sales in the history of the Pradhan Mantri plan prepared by the State Government
Bhartiya Janaushadhi Pariyojana. Sales of Rs 141 crore were of Punjab and Haryana under the
recorded from Jan Aushadhi Kendras in September 2023. An directions of CAQM aims to prevent
annual growth rate of 42 percent has been recorded at these incidents of paddy stubble burning in the
Kendras. Sales of medicines at these Kendras have registered Kharif season 2024. The officers included
an annual growth of 31.20 percent. About 10 lakh people are in the flying squad will assess the
purchasing medicines from Jan Aushadhi Kendras every day. ground-level situation and report to the
Commission and CPCB on a daily basis.

NEW INDIA SAMACHAR | November 1-15, 2024 5