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EU, France give 3.5 Million Euros as Grant to Curb Emissions in India

EU and France will give a grant of 3.5 million euros to three Indian cities- Nagpur, Kochi and Ahmedabad as part of the EU’s commitment under the Paris Climate agreement to curb emissions and promote sustainability in these cities.

Salient Highlights

The grants have been provided to help India’s smart city programme under the ‘Moblise Your City’ (MYC) initiative.
India has become the first country to get benefits from the MYC initiative.
The MYC initiative is supported by the French and German government and also has financial support of the European Union (EU). The initiative is aimed at helping 100 cities across the world to reduce Green House Gas (GHG) emissions by promoting sustainable urban transport and sustainability in urban spaces.
MYC initiative was emphasised by the Indian and European leaders during Prime Minister Modi’s recent visit to Europe.
Further it has been stated that more funds would be offered to India to carry forward its sustainable transport initiatives on the three smart cities.

Background

French Development Agency (AFD) has been associated with several projects in India and conservation of biodiversity. AFD, at present, is funding the Vijayawada, Lucknow, Bengaluru, Kochi and Nagpur metro rail projects.

AFD is a public financial institution of France whose mandate is to implement the policy defined by the French government. It is headquartered in Paris. It finances projects in Africa, Asia, the Middle East, Latin America, the Caribbean and the French overseas territories to promote living conditions for populations and economic growth in these regions.

France is the ninth largest foreign investor in India.

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Scientist Tapan Misra appointed as Director of ISRO’s Space Application Centre

Eminent scientist Tapan Misra has been appointed the Chief of ISRO’s Space Applications Centre (SAC), Ahmedabad Gujarat.

He will succeed A S Kiran Kumar, who was appointed as the Chairman of the Indian Space Research Organization (ISRO) in January 2015.

About Tapan Misra

  • In 1984, started his career at SAC as a digital hardware engineer. Since then played important in system design, planning and development of Microwave Remote Sensing Payloads of ISRO.
  • Prior to this appointment, he was Deputy Director of Microwave Remote Sensing Area in SAC. He is also heading the Office of Innovations Management of ISRO at Bengaluru.
  • Contribution- He was lead designer for the development of C-band Synthetic Aperture Radar (SAR) of India’s Radar Imaging Satellite-1 (RISAT-1). He also led the team of SAC that had developed a special airborne radar system called DMSAR (SAR for Disaster Management).
  • In 1990, developed an important algorithm for real time processing of SAR data during his tenure as Guest Scientist in German Aerospace Agency (DLR).
  • Misra also contributed to the system design, simulation, integration, checkout and ground calibration for Multi-frequency Scanning Microwave Radiometer instrument which was carried on-board India’s OCEANSAT-1 satellite.
  • Awards- He was awarded Hari Om Ashram Prerit Vikram Sarabhai research Award (2004), ISRO Merit award (2008), Sir JC Bose National Talent Search (JBNSTS) Scholarship (1981).
  • He has 2 granted patents, 6 pending patents, 5 copyrights and many research papers to his credit.

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Infosys appoints Roopa Kudva as independent member of board

India’s second largest software services firm, Infosys has appointed Roopa Kudva as an independent member on its board of directors.

At present, she is managing director (MD) and chief executive officer (CEO) of Crisil, a subsidiary of global rating agency- Standard & Poor’s.

About Roopa Kudva

  • Kudva had joined Crisil in 1992 and was appointed its MD and CEO in 2007.
  • She also had worked with Standard & Poor’s in Paris as its Director at Financial Institutions Ratings covering the Middle-East, Eastern Europe, and Mediterranean countries.
  • Kudva holds a postgraduate diploma in management (PGDM) from Indian Institute of Management, Ahmedabad (IIM-A).
  • She is also a member of several policy-level committees relating to Indian government’s financial system, including committees of the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).

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