March 26,2018

March 25,2018
March 25, 2018
Quiz-March 25,2018
March 26, 2018

Topics list:

  1. National and International Issues on
    1. Economic Development
    2. Social Development
    3. Industrial Development
  2. Energy and Environment
    1. Energy
    2. Environment
  3. Information and Communication Technology
    1. Technology
    2. Application

Topic 1:Economic development

Set aside divestment proceeds for sick PSUs’ revival

A Parliamentary panel has recommended the earmarking of a defined portion of proceeds from the divestment of State-owned enterprises for funding revival, restructuring and modernisation proposals of sick public sector undertakings (PSUs) that have the potential to turn around.

Highlights:

  • The government had set a target of raising Rs. 80,000 crore in 2018-19 by selling stakes in the State-owned firms, with strategic divestment of 24 CPSEs (central public sector undertakings) on the cards and privatisation of Air India on track.
  • NITI Aayog is preparing another list of sick PSUs that can be privatised
  • While making a decision to disinvest PSUs, especially those that are profit-making, the government must accord due consideration to the jobs supported by them, the track record of their contribution to the national economy, their capex (capital expenditure) creation potential and also their role in balancing the social/regional fabric
  • Timely approval of revival/restructuring/modernisation plans of CPSEs with accurate cost estimates, availability of funds with the government and the timely disposal of such funds are crucial factors.

Read more at: The Hindu

Banks told to be vigilant on Aadhaar

The Unique Identification Authority of India (UIDAI) has asked banks to provide Aadhaar-based onetime password (OTP) for opening of bank accounts only in the presence of the customer, in a banking outlet.

Highlights:

  • The direction is a huge blow to the banks that are heavily dependent on Aadhaar-based OTP authentication process for account opening (where the customers do not have to visit branches) or use tab banking to open accounts by visiting the customer’s residence.
  • Banks may provide authentication and e-KYC facility (fingerprint, iris, OTP) at all banking outlets so that authentication/e-KYC can be done then and there in front of the customers
  • According to RBI norms, there are limits for accounts that are opened through Aadhaar-based OTP authentication process, like deposits cannot exceed Rs. 1 lakh and full KYC requirements, which is submission of documents and giving biometric details, were needed to be made in 1 year.

Read more at: The Hindu

Topic 1:Social development

DAY-NRLM

DeendayalAntyodayaYojana – National Rural Livelihoods Mission (DAY-NRLM) is one of the flagship programmes of the Ministry of Rural Development, Government of India to alleviate rural poverty.

Highlights:

  • The programme aims to organize the rural poor women into their own institutions like Self Help Groups and their federations, Producers’ Collectives etc. and also ensure their financial inclusion and livelihoods support.
  • The Mission has succeeded in identifying and working with more than 33 lakh women farmers, to increase the productivity of farms and promote diversified livelihoods, especially by promoting entrepreneurship.
  • To skilling of rural poor youth for self-employment and wage employment.
  • DAY-NRLM also provides support for establishing Rural Self Employment Training Institutes (RSETIs) in each district of the country in collaboration with the Banks and the State Governments to provide training to the rural youth from the poor households to take-up economic activities

Mahila Kisan Sahshaktikaran Pariyojana:

Ministry of Rural Development implementing Mahila Kisan Sahshaktikaran Pariyojana (MKSP), as a sub scheme under DAY-NRLM.

Highlights:

  • Aim of promoting agriculture based livelihoods of rural women by strengthening community institutions of poor women farmers to promote sustainable agriculture.
  • MKSP focuses on agriculture, non-timber forest produce and livestock interventions. It provides three kind of services to the farmers

Start Up Village Entrepreneurship Programme (SVEP):

A sub-scheme under DAY-NRLM. SVEP aims to support entrepreneurs in rural areas to set up local enterprises.

The SARAS AajeevikaMela 2018 in New Delhi:

The SARAS Aajeevika Mela 2018 in New Delhi is an endeavour of DAY-NRLM to provide to the rural women producers a national platform and an opportunity to showcase their products, and seek buyers, either individuals or bulk buyers for sale nationally / internationally.

Read more at:PIB

Topic 2 : Environment

Fighting forest fires

The recent wildfire tragedy in Theni in Tamil Nadu, in which 20 trekkers lost their lives, once again brings into focus forest fires in India.

Relaying information:

  • When a fire anywhere in the world is detected by NASA’s MODIS (Moderate Resolution Imaging Spectroradiometer) and VIIRS (Visible Infrared Imaging Radiometer Suite) satellites, the Forest Survey of India (FSI) analyses the data by overlaying the digitised boundaries of forest areas to pinpoint the location to the exact forest compartment
  • The frequency of the two satellites orbiting the earth has also been increased from twice daily to once in three hours.

Four approaches:

There are four approaches to fighting forest fires

  • Technological, where helicopters or ground-based personnel spray fire retardant chemicals, or pump water to fight the blaze
  • To contain the fire in compartments bordered by natural barriers such as streams, roads, ridges, and fire lines along hillsides or across plains
  • To set a counter fire, so that when a fire is unapproachable for humans, a line is cleared of combustibles and manned
  • To have enough people with leafy green boughs to beat the fire out

Mitigating damage:

  • Increase the number of firefighters as well as equip them
  • More Forest Department field staff could be hired to put out fires during the fire season and to patrol the forests during other times
  • To enter reserve forests, there is a need to inform concerned authorities or owners about one’s presence in areas under their charge, whether a reserve forest or a private orchard.
  • Giving access to the public to reserve forests in their present state would have a salutary effect on the quality of life of our citizenry and the quality of field researchers available within the country

Read more at: The Hindu

Save the northern white rhino from extinction

The last male northern white rhinoceros, Sudan, died on March 19, aged 45, at Ol Pejeta Conservancy in Kenya.

Highlights:

  • In 1960, more than 2,000 white rhinos were remaining, according to a World Wildlife Fund report.
  • The number shrank to 15 in 1984 as they were hunted for their horns, an ingredient in traditional Vietnamese medicine
  • Where traditional conservation methods failed to save this subspecies, science is stepping in
  • Researchers planning a two-pronged approach – in vitro fertilisation and stem cell technology to resurrect the subspecies.

Read more at:The Hindu

Topic 3 : ICT

GSAT-6A

GSAT-6A, the second predominantly S-band communications satellite, is set to be launched from Sriharikota on March 29.

Highlights:

  • It will complement GSAT-6, which has been orbiting since August 2015 at 83 degrees East longitude.
  • It is designated for the use of the Armed Forces and will not add any transponder capacity for general uses
  • The antenna is thrice as broad as the antennas generally used in ISRO satellites. It will enable mobile communication from anywhere via hand-held ground terminals.

Read more at: The Hindu

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