Daily Archives: August 5, 2021

UMLING LA PASS

Recently, the Border Roads Organisation (BRO) has constructed and completed black topping the world’s highest motorable road at Umling La pass in Eastern Ladakh, located at an altitude of 19,300 ft. Important points: By constructing this road, BRO has created a record in high-altitude road construction. It bettered the previous record of a road in Bolivia connecting to …

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YANGTZE GIANT SOFTSHELL TURTLE

In recent years, a lot of efforts have been put by the conservationists to save the world’s most endangered turtle, Swinhoe’s softshell turtle from the brink of extinction. The animal is also known as the Hoan Kiem turtle or Yangtze giant softshell turtle. In Vietnam, these animals have great cultural significance as people in Hanoi revere this …

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INS VIKRANT

Recently, the Indigenous Aircraft Carrier (IAC) 1 named INS Vikrant, started sea trials (one of the last phases of trials). It is likely to be commissioned in 2022. At present, India has only one aircraft carrier, the Russian-origin INS Vikramaditya. Earlier, the Defence Acquisition Council (DAC) approved issuance of Request for Proposal (RFP) for six advanced submarines for the Indian Navy under Project-75I. …

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PAYMENT SYSTEMS OPERATORS IN INDIA

Recently, the Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators. This framework is issued under provisions of Payment and Settlement Systems Act, 2007. The Payment and Settlement Systems Act, 2007 provides for the regulation and supervision of payment systems in India and designates the RBI as the …

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MINIMUM PUBLIC SHAREHOLDING

The Ministry of Finance has amended the Securities Contracts (Regulation) Rules, 1957 to exempt listed public sector companies from the minimum public shareholding norm. Important points: The government can now exempt any listed public sector enterprise from the Minimum Public Shareholding (MPS) norm, which mandates at least 25% public float for all listed …

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ALTERNATIVES TO STUBBLE BURNING

Recently, some experts advised that the government should speed up implementation of alternatives to stubble burning. The centre, facing criticism from farmers protesting against the farm laws, had committed to removing a clause in the Air Commission Bill, 2021 that would penalise farmers for burning stubble, an important contributor to noxious air quality. Important points: Stubble (parali) burning …

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SUSTAINABLE DEVELOPMENT GOALS (SDG) 2

According to a recent report by the United Nation, the goal of achieving Sustainable Development Goals (SDG) 2 i.e. ‘Zero Hunger’ has been hit in the wake of the novel coronavirus disease (Covid-19) pandemic. The zero hunger goal works in tandem with many others: Poverty elimination (SDG1), good health and well-being (SDG3), and the need for clean …

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FAST TRACK COURTS

Recently, the Union Government approved the continuation of more than 1000 Fast Track Special Court (FTSCs) as a Centrally Sponsored Scheme (CSS) for two years (April 2021-March 2023). It includes 389 exclusive POCSO (Protection of Children from Sexual Offences) Courts. The Central share will be provided from the Nirbhaya Fund. Important points: Fast track courts (FTCs) were …

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