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ARTICLES

ARTICLES

ARTICLES

Credit Ratings What is a 'Credit Rating' It is an assessment of the creditworthiness of a borrower in general terms or with respect to a particular debt or financial obligation. A credit rating can be assigned to any entity that seeks to borrow money – an individual, corporation, state or provincial authority, or sovereign government. Credit assessment and evaluation for companies and governments is generally done by a credit rating agency such as Standard & Poor&r... Read More...

  Dec 05, 2017   General Category

Logistics Sector  The Logistics Sector has been granted Infrastructure status. The need for integrated Logistics sector development has been felt for quite some time in view of the fact that the logistics cost in India is very high compared to developed countries. High logistics cost reduces the competitiveness of Indian goods both in domestic as well as export market. Development of logistics would give a boost to both domestic and external demand thereby encouraging manufacturing and 'job creation'. This will in turn be instrumental in improving country's GDP. It will enable the Logistics Sector to a... Read More...

  Dec 03, 2017   General Category

Waste to Energy Recently, a  Workshop on “Waste to Energy” – Swachchata Se Swachh Urja was organised by the Ministry of New and Renewable Energy as a part of “Swachchata Hi Sewa” campaign. There is a huge amount of waste generated in a country and there is an urgent need to convert the waste into energy. Ministry of New and Renewable Energy is planning to install a number of plants to convert these wastes into energy. A framework will be worked on for energy thus generated by these plants and subsequently rates will fixed for them. Citizens will also be educated on effective waste ma... Read More...

  Dec 02, 2017   General Category

NITI Aayog has launched the National Nutrition Strategy. The nutrition strategy envisages a framework wherein the four proximate determinants of nutrition: uptake of health services, food, drinking water & sanitation and income & livelihoods – work together to accelerate decline of under nutrition in India. Currently, there is also a lack of real time measurement of these determinants, which reduces the capacity for targeted action among the most vulnerable mothers and children. Supply side challenges often overshadow the need to address behavioural change efforts to generate demand for nutrition services. This strategy, therefor... Read More...

  Dec 01, 2017   General Category

Domestic Systemically Important Banks (D-SIBs) Reserve Bank of India (RBI) has included HDFC Bank in the list of 'too big to fail' lenders. With the inclusion of HDFC Bank in the list, there are now three 'too big to fail' financial entities, SBI AND ICICI, in the country. Too big to fail When a financial entity like a bank becomes systemically so important that their failure is expected to disrupt the financial/banking system and the economy as a whole then that entity is termed as too big to fail. In an event that such a bank fails the government steps in to save it. Read More...

  Nov 30, 2017   General Category

Navika Sagar Parikrama is a project wherein a team of women officers of the Indian Navy would circumnavigate the globe. The circumnavigation will be on an Indian-built sail boat INSV Tarini. This is the first ever Indian circumnavigation of the globe by an all-women crew. The project is considered essential towards promoting Ocean Sailing activities in the Navy while depicting Government of India’s thrust on women power. The expedition has been aptly titled ‘Navika Sagar Parikrama’. It is aimed at promoting women empowerment in the country and ocean sailing by the Indian Navy. The expedition would inspire the youth of ... Read More...

  Nov 29, 2017   General Category

The Union Cabinet has given its approval for the creation of the National Anti-profiteering Authority (NAA) under GST. The apex body is mandated to ensure that the benefits of the reduction in GST rates on goods or services are passed on to the ultimate consumers by way of a reduction in prices. The "anti-profiteering" measures enshrined in the GST law provide an institutional mechanism to ensure that the full benefits of input tax credits and reduced GST rates on supply of goods or services flow to the consumers. This institutional framework comprises the NAA, a Standing Committee, Screening Committees in every State and the Directo... Read More...

  Nov 28, 2017   General Category

Health ministers, NGOs, and private sector representatives from 120 countries have adopted the Moscow Declaration, committing themselves to eliminating additional deaths from HIV co-infection by 2020 and achieving synergy in coordinated action against TB and non-communicable diseases. A co-infection is when a person suffers from two infections at the same time. The Moscow declaration has emphasised the need for fixing multisectoral responsibility towards ending TB by 2035. This framework is critical to creating an enabling operational environment for multisectoral action, fast-tracking priority interventions, monitoring overall progress, and a... Read More...

  Nov 26, 2017   General Category

The First ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017) was conducted by the National Disaster Response Force (NDRF) in October 2017 in Delhi and the National Capital Region (NCR). This Exercise was a platform for sharing Best Practices on all aspects of Disaster Risk Reduction (DRR), strengthening regional response and coordination for Disaster Management among the BIMSTEC member countries. The main focus of the BIMSTEC DMEx-2017 was on testing the region’s preparedness and resilience towards effective activation of inter-Governmental interaction/dialogue/agreements for immediate deployment of regional res... Read More...

  Nov 25, 2017   General Category

The 2017 Nobel Prize for Physics has been conferred to three scientists namely Rainer Weiss, Barry C Barish & Kip S Thorne under the LIGO Project for their discovery of gravitational waves. The discovery has been made 100 years after Einstein's General Relativity predicted it. The direct detection of Gravitational waves arrives from the merger two large Black holes in a distant galaxy a Billion of light years away. Gravitational waves carry information about their dramatic origins and about the nature of gravity that cannot otherwise be obtained. This is a new vista in Astronomy since Gravitational Waves are an entirely new way of obse... Read More...

  Nov 24, 2017   General Category

Yakshagana is a traditional theatre form that combines unique blending of music, extempore dialogues, phenomenal dancing moves, rich make-up and intrinsically designed costumes. This theatre style is mainly found in Tulunadu and some parts of Malenadu region of Karnataka and Kerala. Yakshagana is traditionally presented from dusk to dawn. Its stories are drawn from Ramayana, Mahabharata, Bhagavata and other Hindu epics.  Yakshagana evolved as a dance form during the Bhakti Movement. Narahari Tirtha, a disciple of Madhvacharya, is said to be the first person to introduce Yakshagana in Udupi. He was also the founder of Kuchipudi. An inscrip... Read More...

  Nov 23, 2017   General Category

To determine the density of green on a patch of land, researchers must observe the distinct colors (wavelengths) of visible and near-infrared sunlight reflected by the plants.Vegetation appears very different at visible and near-infrared wavelengths. In visible light , vegetated areas are very dark, almost black, while desert regions (like the Sahara) are light. At near-infrared wavelengths, the vegetation is brighter and deserts are about the same. By comparing visible and infrared light, scientists measure the relative amount of vegetation. Nearly all satellite Vegetation Indices employ this difference formula to quantify the density of plant growth o... Read More...

  Nov 22, 2017   General Category

Food Safety and Standards Authority of India (FSSAI) has launched a nationwide online platform, 'FoSCoRIS' , to bring in transparency in food safety inspection and sampling. FSSAI has asked states to adopt this system as it would help eliminate discrepancy and make food safety officers accountable. The web-based 'FoSCoRIS' system will help verify compliance of food safety and hygiene standards by food businesses as per the government norms. The new system will bring together all key stakeholders: food businesses, food safety officers (FSOs), designated officers, state food safety commissioners on a nation-wide IT platform. The ... Read More...

  Nov 21, 2017   General Category

National Certification System for Tissue Culture Raised Plants Government of India established the “National Certification System for Tissue Culture Raised Plants (NCS-TCP)” authorizing Department of Biotechnology, Ministry of Science & Technology as the Certification Agency for ensuring production and distribution of quality tissue culture planting materials. The purpose of National Certification System for Tissue Culture Raised Plants (NCS-TCP) is to ensure production and distribution of quality tissue culture planting materials. NCS-TCP is a unique quality management system, first of its kind in the world whi... Read More...

  Nov 19, 2017   General Category

BHUVAN is a platform developed by the ISRO. It is a well known national geo-portal, which is being widely, used by the Government, public, NGOs and Academia. Bhuvan is developed with a clear focus of addressing Indian requirements of satellite Images and theme-oriented services to enable planning, monitoring and evaluation of stakeholder’s activities in governance and development. Bhuvan provides nation-wide seamless image base, thematic datasets for many natural resources, transport network, Digital Surface Model, hydrologic base from basin to watershed. Bhuvan services include visualisation of remote sensing data (India-centric), free satellite data ... Read More...

  Nov 18, 2017   General Category

Banganapalle mangoes of Andhra Pradesh and Tulapanji rice of West Bengal are among the seven commodities that have been granted Geographical Indications this fiscal year by the Indian patent office. The other five products which have received this tag this year include Pochampally Ikat of Telangana; Gobindobhog Rice of West Bengal; Durgi Stone Carvings and Etikoppaka Toys of Andhra Pradesh; and Chakshesang Shawl of Nagaland. A Geographical Indication (GI) is primarily an agricultural, natural or a manufactured product (handicrafts and industrial goods) originating from a definite geographical territory. Typically, such a name conveys an assura... Read More...

  Nov 17, 2017   General Category

The Ninth Gorkha Rifles is a Gorkha regiment of the Indian Army comprising Gurkha soldiers of Nepalese origin. The regiment was initially formed by the British in 1817, and was one of the Gurkha regiments transferred to the Indian Army after independence as part of the tripartite agreement in 1947. This Gorkha regiment mainly recruits soldiers who come from the Chhetri (Kshatriya) and Thakuri clans of Nepal. Domiciled Indian Gorkhas are also taken, and they form about 20 percent of the regiment's total strength. The Ninth Gorkha Rifles is one of the seven Gorkha regiments of the Indian Army.   Recently, the Ninth Gorkha Rifles, commemo... Read More...

  Nov 16, 2017   General Category

The government has setup an All India Institute of Ayurveda (AIIA). The institute has been set up along the lines of AIIMS. The AIIA aims to bring synergy between the traditional wisdom of Ayurveda and modern diagnostic tools and technology. AIIA has gained a wide national and International recognition. It has started working to facilitate quality patient care, research and bridging the gaps in the scientific information about quality, safety and efficacy of Ayurveda products and developing benchmarks of Ayurvedic education, research and healthcare. The Ministry of AYUSH has asked all the State Governments, State AYUSH Directorates, all Ayurve... Read More...

  Nov 15, 2017   General Category

SMOG Smog is a type of air pollutant. The word "smog" derives its origin from smoke and fog. It refers to smoky fog, its opacity, and odour. This kind of visible air pollution is composed of nitrogen oxides, sulphur oxides, ozone, smoke or particulates among others (less visible pollutants include carbon monoxide, CFCs and radioactive sources). Human-made smog is derived from coal emissions, vehicular emissions, industrial emissions, forest and agricultural fires and photochemical reactions of these emissions. Modern smog is a type of air pollution derived from vehicular emission from internal combust... Read More...

  Nov 14, 2017   General Category

Thirty Metre Telescope TMT is an international project being funded by scientific organisations of Canada, China, India, Japan and USA. In India the responsibility for the Thirty Meter Telescope (TMT) project is of the Department of Science & Technology (DST) and the Department of Atomic Energy (DAE). TMT has become the source of controversy over its planned location on Mauna Kea in the US state of Hawaii. Construction of the TMT on land which is sacred to Native Hawaiian culture has stirred the pot in recent times. For choosing the site for the TMT, a site suitability analysis was done. The criteria for site suita... Read More...

  Nov 12, 2017   General Category