Tamil Nadu Current Affairs

Government inks $100 Million loan agreement for Project to Boost Rural Economy of Tamil Nadu

The Union Government has inked $100 million Loan Agreement with World Bank for Project to Boost Rural Economy of Tamil Nadu. The loan is from the International Bank for Reconstruction and Development (IBRD) and has a 5-year grace period and maturity of 19 years.

Tamil Nadu Rural Transformation Project

The project aims to promote rural enterprises, facilitate their access to finance and create employment opportunities for youth, particularly women in selected blocks of Tamil Nadu across 26 districts. It will create enabling environment for producer organizations and enterprises to promote businesses across select value chains.

The project will be operational in 120 blocks across 3,994 villages in 26 Districts of Tamil Nadu with 411,620 direct beneficiaries. It will be rolled out in phased manner and in first phase 26 blocks will covered in all project districts, followed by 52 blocks in second phase and remaining 42 blocks in third phase.

Under this project, communities will identify commodities and subsectors in the value chain for preparing business plans based on the analysis. 30% of the financing for these s plans will be through matching grant program from project and remaining 70%  will be leveraged from other financial institutions.

The project will work with targeted households that are already part of Self-Help Groups (SHGs). It will also specifically support eligible households from socially and culturally disadvantaged groups to harness their existing assets, skills, and resources.

It will also test selected innovations and start-up ideas or scaled up them under newly created platform known as Tamil Nadu Rural Transformation Marketplace. This platform will identify, showcase and celebrate innovative solutions related to themes that have potential to impact rural economic growth in state.

Moreover, it will have e-governance architecture with use of ICT along with a robust Management Information System (MIS) to monitor and track results real time.

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Tamil Nadu CM Edappadi K Palanichamy receives UNESCO Award

Tamil Nadu Chief Minister Edappadi K Palanichamy received UNESCO Award of Merit awarded to the iconic Srirangam Ranganathaswamy temple in Tiruchirapalli.

The award of merit was awarded by UNESCO Asia Pacific region for the reconstruction activities undertaken in temple without in least affecting its traditional splendour and Vedic rituals.

Sri Ranganathaswamy Temple

It is considered as one of the most important of the 108 main Vishnu temples (Divyadesams). It is Vaishnava temple built in Tamil or Dravidian style of architecture. It is located on an islet formed by twin rivers: Coleroon and Cauvery. The temple complex is situated in sprawling ground of more than 156 acres.

The temple and 1000 pillared hall were constructed in the Vijayanagar period (1336–1565) on the site of an older temple. It has seven prakaras or enclosures. Its Gopuram also called as “Raja Gopuram is the biggest gopuram in Asia. It annually hosts 21-day festival during the Tamil month of Margazhi (between December and January) which attracts over 1 million visitors.

UNESCO Asia-Pacific awards for cultural heritage conservation programme

The UNESCO Asia-Pacific awards for cultural heritage conservation programme is aimed at acknowledging efforts taken to restore and conserve historical structures without affecting their heritage value. The awards are classified under four categories – Awards of Distinction, Awards of Merit, Award of Excellence and Award for New Design in Heritage Context.

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