- National and International Issues on
- Economic Development
- Social Development
- Industrial Development
- Energy and Environment
- Information and Communication Technology
Topic 1:Economic development
The RBI launched ‘Ombudsman Scheme’ for NBFC
The RBI launched ‘Ombudsman Scheme’ for non-banking financial companies (NBFC) for redressal of complaints against them.
- The scheme will provide a cost-free and expeditious complaint redressal mechanism relating to deficiency in the services by NBFCs covered under the Scheme
- The offices of the NBFC ombudsman will function at four metro centres — Chennai, Kolkata, Mumbai and New Delhi.
- The Scheme will cover all deposit-taking NBFCs
- Based on the experience gained, the RBI would extend the scheme to cover NBFCs having asset size of Rs 100 crore and above with customer interface
- The Scheme provides for an Appellate mechanism under which the complainant/ NBFC has the option to appeal against the decision of the Ombudsman before the Appellate Authority.
An ombudsman, ombud, or public advocate is an official who is charged with representing the interests of the public by investigating and addressing complaints of maladministration or a violation of rights. The ombudsman is usually appointed by the government or by parliament, but with a significant degree of independence
Read more at: ET
Topic 1:Social development
“END TB” Summit
The Prime Minister addressed the inaugural session of the “END TB” summit in New Delhi.
- End TB Summit would be a landmark event towards the complete elimination of TB.
- India has set a target for complete elimination of TB by 2025, as against the global target date of 2030.
Read more at :PIB
POSHAN (PM’s Overarching Scheme for Holistic Nourishment) Abhiyaan
The Executive Committee which is the Apex body for all Nutrition related activities under the POSHAN Abhiyan, held its first meeting today to decide on the roadmap for the Mission.
- India Nutrition Report shall be released every year by the Government after a detailed survey
- On the occasion of Ambedkar Jayanti(14th April) this year, Gram Panchayats across the country will hold meetings to discuss on the Nutritional aspects and their implementation along with Health and Sanitation issues.
- All the Gram Panchayats will be advised to weigh the children and display the weights in the Anganwadi centres
- Instead of blindly adopting the Nutritional practices of other countries, best practices of states across the country which are successful in reducing Stunting, Anaemia and Malnutrition are to be studied and successful models to be adopted at National level.
- For special focus on the deprived sections of the Society, District Collectors will hold a detailed survey of the people who are outside the Anganwadi System.
About POSHAN Abhiyaan:
POSHAN Abhiyan which was launched by the Prime Minister in Jhunjhunu on 8th March 2018 would be converted to Jan Andolan across the country. The National Nutrition Mission (NNM) was approved on 30.11.2017. POSHAN Abhiyan has been set up with a three year budget of Rs.9046.17 crore commencing from 2017-18. All States and Union Territories to be targeted in a phased manner.
Read more at :PIB
Topic 2 : Environment
India has the potential to become a leader in international bamboo export
India has the potential to become a significant player in international bamboo export by the Union Minister for Environment, Forest and Climate Change, Science & Technology and Earth Sciences at a meeting held with the representatives of International Bamboo and Rattan Organisation (INBAR) in New Delhi.
- The Government of promulgating the Indian Forest (Amendment) Ordinance, 2017 to exempt bamboo grown in non-forest areas from definition of tree, thereby dispensing with the requirement of felling/transit permit for its economic use
- Capacity-building and training programmes will be organized for artisans for making special items from bamboo.
- India has leading research and training institutes and the country can become the research and training hub for bamboo and rattan in South Asia
Read more at: PIB
Topic 2 : Energy
India’s largest wind turbine generator commissioned by Suzlon
Renewable solution provider Suzlon Group today announced the installation and commissioning of its new product, S128, claiming it to be the largest wind turbine generator (WTG) in India.
- The first prototype of S128 has been commissioned at the Sanganeri site in Tamil Nadu
- The company said that the S128 WTG is available in 2.6 MW to 2.8 MW variants and offers hub heights up to 140 metres.
- The S128 wind turbine generator is the latest addition to Suzlon’s product portfolio and features the doubly fed induction generator (DFIG) technology.
- The windmill also consists of the country’s largest rotor blade measuring 63 meters and has a rotor diameter of 128 meters.
- The SB 63 blade has been engineered and developed by Suzlon utilising carbon fibre which provides the capability to utilise thinner aerodynamic profiles.
- This next generation turbine is well equipped to improve energy yield and support competitive tariff environment in India while protecting customers return on investment (ROI).
Read more at: ET
Topic 3 : ICT
Artificial Intelligence and Internet of Things will impact education in future
The recent revolution in digital technology has touched every sphere and facet of lives, and education sector has not been spared. Unlike any other sector, the link between digital technology and education is unique and complementary.
- Mobile technology is making education affordable, convenient and more effective
- Two biggest trends to impact education in the near future will be artificial intelligence and Internet of Things—they are already charting the very course of information technology
- Virtual reality and augmented reality videos and simulations will make education content more interactive and interesting
- Cloud technology is going to make life easier both for students and teachers as documents and files will be stored and accessed easily.
- This will help managements in a big way, cutting down on infrastructure costs.
- Big Data will make assignments, evaluations, tests and projects more results-driven
- Analytics is helping fintech companies, student performance can be improved through Big Data
- Augmented reality and virtual reality can make learning exciting, with rich experiences and opening up endless possibilities. Highly engaging classrooms will lead to better results
Virtual reality (VR) is a computer-generated scenario that simulates a realistic experience. The immersive environment can be similar to the real world in order to create a lifelike experience grounded in reality or sci-fi.
Augmented reality (AR) is a direct or indirect live view of a physical, real-world environment whose elements are “augmented” by computer-generated perceptual information, ideally across multiple sensory modalities, including visual, auditory, haptic, somatosensory, and olfactory.
Read more at: Financial Express