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Table of Content
- 1. Semiconductor Fabrication Plant
- 2. State of the Rhino 2024 Report
- 3. UN adopts Pact for Future
- 4. Annual PLFS Survey
- 5. Fifth anniversary of CDRI
- 6. Viewing, storing CSEAM an offence: Supreme Court
- 7. Personality: Sant Tukaram
- 8.Also in News
- 8.1 Barak Bhuban Wildlife Sanctuary
- 8.2 Futures & Options (F&O)
- 8.3 Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- 8.4 National Cadet Corps (NCC)
- 8.5 Sustainable Road Construction Practices
- 8.6 Computer Security Incident Response Team (CSIRT) - Power
- 8.7 Unlawful Activities (Prevention) Act (UAPA), 1967
- 8.8 Cancer Moonshot Initiative
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Also in News
Posted 24 Sep 2024
8 min read
Barak Bhuban Wildlife Sanctuary
National Green Tribunal stayed construction of road inside Barak Bhuban Wildlife Sanctuary.
Barak Bhuban Wildlife Sanctuary
- Location: Spread between Barak and Sonai Rivers in Assam’s Cacher district.
- Named after second largest river in Northeast, Barak.
- Barak Valley also houses Borail Wildlife Sanctuary.
- It was notified in 2022 by Assam Government.
- Fauna: 8 recorded species of primates, namely, slow loris, rhesus, pig-tailed, stump-tailed, Assamese macaque, capped langur, hoolock gibbon, etc.
- Provides suitable habitat for King Cobra.
- Tags :
- Barak Bhuban Wildlife Sanctuary
- Barak River
- Borail Wildlife Sanctuary
Futures & Options (F&O)
SEBI study highlighted that 93% of individual F&O traders have incurred losses between 2022-24.
About F&O
- They are derivative instruments deriving its value/price from an underlying asset.
- Options: Provide holders’ the right (not obligation) to buy or sell an underlying asset at a specified price within a set timeframe.
- It is of two types: Call, gives right to buy to the holder and Put, gives the right to sell.
- Futures: Standardized contracts obligating the buyer/seller to purchase/deliver an underlying asset at a predetermined price on a specified future date.
- Tags :
- Derivatives
- Future & Option Trading
- Call Option
- Put Option
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
CGTMSE has approved guarantees amounting to Rs 1 lakh crore.
About CGTMSE
- Set up in 2000 by Ministry of Micro, Small and Medium Enterprises and SIDBI
- Aim: To provide credit guarantee support to member lending institutions for credit facilities sanctioned by them to MSEs, especially in absence of collateral.
- Eligible Lending Institutions: Scheduled commercial banks (Public Sector Banks/Private Sector Banks/Foreign Banks) and select Regional Rural Banks.
- Corpus Contribution: Government and SIDBI in ratio of 4:1
- Tags :
- CGTMSE
- MSME
National Cadet Corps (NCC)
Ministry of Defence has approved expansion plan for NCC Cadet Vacancies by 3 Lakh, raising the total strength from 17 lakhs to 20 lakhs in coming years.
About NCC (HQ: New Delhi)
- Established under ‘The National Cadet Corps Act 1948’.
- Aims at developing character, comradeship, discipline, secular outlook, the spirit of adventure and ideals of selfless service amongst young citizens.
- Nature of NCC Programme is voluntary.
- Motto: Unity and Discipline.
- Ministry: Ministry of Defence.
- Conduct of NCC activities is a joint responsibility of Central and State Governments in terms of policies, finances, administrative and other aspects.
- Tags :
- National Cadet Corps
- National Cadet Corps Act 1948
Sustainable Road Construction Practices
Recently, Ministry of Road Transport & Highways (MoRTH) has issued policy guidelines to promote use of urban solid waste/inert materials in construction of National Highways.
Sustainable Road Construction Practices:
- Use of inert soil: It is a major component of solid waste which is generated by bio-remediation and bio-mining
- Use of Waste Plastic as modifier in binder: leads to higher resistance to deformation and water induced damages.
- Geo-synthetics: Reinforcement in pavement, slope protection
- Fly-ash: Embankment, cement concrete, stabilization
- Cold mix asphalt (CMA): Unlike hot mix asphalt, CMA is produced without need for heating aggregates or asphalt binder.
- It produces lower emissions & is energy efficient.
- Tags :
- Inert Soil
- Waste Plastics
- Geo-synthetics
- Cold Mix Asphalt
Computer Security Incident Response Team (CSIRT) - Power
Union Minister of Power has inaugurated CSIRT–POWER facility in New Delhi.
About CSIRT–POWER facility
- It was initiated by Ministry of Power following the National Cyber Security Policy and in collaboration with CERT-In.
- Equipped with advanced infrastructure, cutting-edge cybersecurity tools, CSIRT-Power is well-prepared to tackle emerging threats.
- Objective is to build and enhance the cybersecurity resilience in Indian Power Sector, through a structured and coordinated approach.
- Setup under Central Electricity Authority.
- CERT-In is providing requisite leadership for to coordinate all incident and other cyber security activities in Power sector.
- Tags :
- CSIRT-Power
- CERT-In
- Central Electricity Authority
Unlawful Activities (Prevention) Act (UAPA), 1967
Supreme Court ruled that 14-day timeline for granting sanction for prosecution under UAPA, 1967 is mandatory and not discretionary.
About UAPA, 1967
- It provides for more effective prevention of certain unlawful activities of individuals and associations and for dealing with terrorist activities.
- Prosecution of individuals accused of terrorism requires prior sanction from government via two steps i.e.
- An independent authority must review evidence gathered by investigators and make a recommendation to government within seven working days. (Rule 3 of Unlawful Activities (Prevention) (Recommendation & Sanction of Prosecution) Rules, 2008)
- Government then has an additional seven working days to decide whether to grant or deny sanction based on authority’s recommendation. (Rule 4)
- Tags :
- Unlawful Activities (Prevention) Act (UAPA), 1967
- Prosecution under UAPA, 1967
Cancer Moonshot Initiative
QUAD Countries (India, United States, Australia and Japan) Launched Cancer Moonshot Initiative.
About Cancer moonshot Initiative:
- To strengthen overall cancer care ecosystem in Indo-Pacific by improving health infrastructure, research collaborations, etc.
- Promoting HPV vaccination to treat cervical cancer, increasing access to screenings, and expanding treatment options.
- India’s contribution to Cancer Moonshot Initiative:
- Grant of US $7.5 million to cancer testing, screening, and diagnostics in Indo-Pacific region.
- Support for radiotherapy treatment and capacity building in Indo-Pacific.
- Technical assistance to interested countries on DPI for cancer screening, care and continuum through its US $10 million contribution to WHO’s-Global Initiative on Digital Health
- Tags :
- Cancer Moonshot Initiative
- HPV vaccination
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News Today (Sep 24, 2024)