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  • NaBFID to Boost Infrastructure Financing

    Central Idea

    • The National Bank for Financing Infrastructure & Development (NaBFID) is making significant strides in infrastructure financing, with ambitious goals for loan disbursement and expansion.
    • Operational for less than a year it has already made substantial progress in lending and aims to further strengthen its presence in the infrastructure sector.

    What is NaBFID?

    • The NBFID was established in 2021 through the enactment of The National Bank for Financing Infrastructure and Development Act, 2021.
    • It serves as a specialized Development Finance Institution (DFI) in India.
    • Its primary objectives include addressing the gaps in long-term non-recourse finance for infrastructure development, strengthening the development of bonds and derivatives markets in India, and fostering sustainable economic growth.
    • The Reserve Bank of India (RBI) will regulate and supervise NBFID as an All-India Financial Institution (AIFI).
    Development Finance Institutions (DFIs): They are government-owned or public institutions that provide funding for infrastructure and large-scale projects. They play a crucial role in financing projects that are often unviable for traditional banks to lend to. DFIs offer two types of funds: Medium-term funds with a maturity period of 1-5 years, and Large-scale funds with a maturity period exceeding 5 years.

     

    Loan Disbursement and Expansion Targets

    • Disbursement Target: NaBFID aims to disburse approximately ₹60,000 crore by the end of this fiscal year, showcasing its commitment to fostering infrastructure development.
    • Sanctioning Loans: NaBFID is poised to sanction loans amounting to ₹1 lakh crore during this fiscal year. These loans will be directed towards both greenfield and brownfield assets in the vital infrastructure space.
    • Debt Raise: Recently, NaBFID successfully raised ₹10,000 crore through debt issuance, signalling the institution’s ability to attract substantial funding.
    • High Demand: The debt issuance received an overwhelming response, with bids worth ₹23,629.50 crore, nearly five times the base issue of ₹5,000 crore.
    • Largest Debt Issuance: The debt securities, with a 10-year tenor, mark the largest debt issuance by a national-level institution.

     

  • China blocks Indian proposal to blacklist Pakistani terrorist at UN

    unsc

    Central Idea

    • China yet again blocked a proposal by India and the US at the United Nations to designate Pakistan-national Lashkar-e-Taiba terrorist Sajid Mir as a global terrorist on the UN Security Council’s 1267 list..

    What is the UNSC 1267 list?

    • The UNSC resolution 1267 was adopted unanimously on 15 October 1999.
    • It came to force in 1999, and strengthened after the September, 2001 attacks.
    • It is now known as the Da’esh and Al Qaeda Sanctions Committee.

    What is UNSC 1267 committee?

    • It comprises all permanent and non-permanent members of the United Nations Security Council (UNSC).
    • The 1267 list of terrorists is a global list, with a UNSC stamp.
    • It is one of the most important and active UN subsidiary bodies working on efforts to combat terrorism, particularly in relation to Al Qaeda and the Islamic State group.
    • It discusses UN efforts to limit the movement of terrorists, especially those related to travel bans, the freezing of assets and arms embargoes for terrorism.

    How is the listing done?

    (1) Submission of Proposal

    • Any member state can submit a proposal for listing an individual, group, or entity.
    • The proposal must include acts or activities indicating the proposed individual/group/entity had participated in the financing, planning, facilitating, preparing, or perpetrating of acts or activities linked to the said organizations.

    (2) Actual decision

    • Decisions on listing and de-listing are adopted by consensus.
    • The proposal is sent to all the members, and if no member objects within five working days, the proposal is adopted.
    • An “objection” means rejection for the proposal.

    (3) Putting and resolving ‘Technical Holds’

    • Any member of the Committee may also put a “technical hold” on the proposal and ask for more information from the proposing member state.
    • During this time, other members may also place their own holds.
    • The matter remains on the “pending” list of the Committee.
    • Pending issues must be resolved in six months, but the member state that has placed the hold may ask for an additional three months.
    • At the end of this period, if an objection is not placed, the matter is considered approved.

    Why is India furious this time?

    • Recently PM Modi and Xi Jinping attended the Shanghai Cooperation Organisation (SCO) summit in Samarkand.
    • The grouping had agreed to take strong and consolidated action against terrorism in the region.
    • Despite this, China has exposed its double standards on the issue of terrorism for consistently stopping the listing of Pakistan-based terrorists.
    • This is again very surprising movement by China by putting a ‘Technical Hold’.

    Here is a timeline of how China disrupts the global efforts against terrorism:

    • 2009: After the 26/11 Mumbai attacks, India moved an independent terror designation proposal against Masood Azhar but China blocked the move.
    • 2016: After seven years, India proposes listing of Masood Azhar as a global terrorist and is supported by the US, the UK and France. China blocks the move again.
    • 2017: The trio moves a third proposal only to be blocked by China again.
    • 2019: After the attacks on the CRPF personnel in J-K’s Pulwama, India calls 25 envoys of different countries to highlight the role Islamabad plays in funding, promoting and strengthening global terrorism. India moves the fourth proposal demanding Masood Azhar’s listing. China lifted its technical hold.
    • June 2022: China blocked a proposal by India and the US to list Pakistan-based terrorist Abdul Rehman Makki as a ‘Global Terrorist’
    • August 2022: China blocks India-US joint proposal to list Jaish-e-Mohammad (JeM) deputy chief Abdul Rauf Azhar as UNSC designated terrorist.

    Conclusion

    • China’s actions expose its double speak and double standards when it comes to the international community’s shared battle against terrorism.
    • This clearly depicts its care for its vassal state Pakistan.

    Back2Basics: United Nations Security Council

    • The UNSC is one of the six principal organs of the United Nations and is charged with the maintenance of international peace and security.
    • Its powers include the establishment of peacekeeping operations, the establishment of international sanctions, and the authorization of military action through Security Council resolutions.
    • It is the only UN body with the authority to issue binding resolutions to member states.
    • The Security Council consists of fifteen members. Russia, the United Kingdom, France, China, and the United States—serve as the body’s five permanent members (P5).
    • These permanent members can veto any substantive Security Council resolution, including those on the admission of new member states or candidates for Secretary-General.
    • The Security Council also has 10 non-permanent members, elected on a regional basis to serve two-year terms. The body’s presidency rotates monthly among its members.

  • Bonn Climate Conference: Key Takeaways

    bonn climate

    Central Idea

    • The Bonn Climate Change Conference was held from 5 to 15 June 2023.
    • Building on the mandates that emerged from COP 27 in Egypt last year, the conference hosted a large number of mandated events and continue discussions on issues of critical importance.
    • It is expected to make progress on these and other important issues and prepare draft decisions for adoption at COP 28 / CMP 18 / CMA 5 in the UAE in December 2023.

    Key ideas discussed

    • Some progress was made on the global stocktake (GST) discussions.
    • However, the issues of historical responsibility and finance remained contentious, hindering the strengthening of climate actions.

    climate

    What is Global Stocktake (GST)?

    • GST is a process established under the 2015 Paris Agreement on climate change.
    • It serves as a mechanism to assess global progress in addressing climate change and to enhance collective climate action.
    • The GST aims to review the implementation of the Paris Agreement’s goals and targets and identify areas where additional efforts are needed to meet those objectives.

    Key aspects of the Global Stocktake include:

    1. Timing: The Paris Agreement mandates that the GST be conducted every five years, starting in 2023. This regular assessment allows for tracking progress and adjusting strategies accordingly.
    2. Assessment of Collective Efforts: GST evaluates the collective efforts of all countries in reducing greenhouse gas emissions, adapting to the impacts of climate change, and providing support to developing nations.
    3. Review of Goals and Targets: It assesses the effectiveness of countries’ actions in meeting the long-term temperature goals outlined in the Paris Agreement, primarily the goal to limit global warming to well below 2 degrees Celsius above pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius.
    4. Transparency and Accountability: The GST promotes transparency and accountability by encouraging countries to report on their progress and actions taken toward achieving their climate goals. This allows for a comprehensive and objective assessment of global climate action.
    5. Identification of Gaps and Opportunities: The stocktake identifies gaps in collective efforts, including finance, technology transfer, and capacity-building support, and explores opportunities for enhanced actions to bridge those gaps.
    6. Decision-Making: The findings and recommendations from the GST inform future decision-making, including the setting of new targets and the adjustment of national climate plans, known as Nationally Determined Contributions (NDCs).

    Challenges in Climate Negotiations

    • Disputes and Delayed Agendas: Developed and developing countries engaged in disagreements, leading to delays in agreeing on meeting agendas.
    • Historical Responsibility Debate: Australia’s attempt to diminish the historical responsibility of developed nations in causing global warming sparked controversy.
    • Developing Countries’ Perspective: Developing nations emphasized the importance of acknowledging historical responsibility in addressing climate change.
    • Potential Conflict at COP28: The issue of historical responsibility is expected to resurface at COP28, posing challenges to reaching consensus.

    Finance and Technology Transfer

    • Disparity in Support: Developing countries expressed concerns about inadequate financial and technological support from developed nations.
    • Burden of Implementation: Insufficient funds hinder the ability of developing countries to implement robust climate action plans.

    Future Outlook

    (1) Bridging Adequacy Gap:

    • Developed Nations’ Perspective: Australia and the United States questioned the sole responsibility of developed countries in bridging the adequacy gap.
    • Developing Nations’ Concerns: Developing countries emphasized the need for financial support and technology transfers to enhance their climate actions.
    • Value Addition: Bridging the adequacy gap requires global cooperation, equitable burden-sharing, and increased financial assistance for developing countries.

    (2) Financing Climate Action:

    • Insufficient Funds: Current financial commitments fall short of the required resources for implementing climate action plans.
    • Summit for a New Global Financial Pact: A Paris summit aims to redirect global financial flows and raise new funds for climate change initiatives.

  • TRAI suggests norms for Undersea Cables

    undersea cable

    Central Idea

    • The Telecom Regulatory Authority of India (TRAI) has issued recommendations on rules governing undersea cables connecting Indian telecom networks to the global internet.
    • These recommendations address concerns raised by the Department of Telecommunications (DoT) regarding the participation of Indian firms in undersea cable projects and related regulatory clearances.

    What are Undersea Cables?

    • Undersea cables, also known as submarine cables, are fiber optic strands enclosed in protective layers laid on the ocean floor.
    • They are essential for global connectivity, transmitting data and communication signals between continents and nations.
    • These cables form the backbone of international communications infrastructure, ensuring reliable internet connectivity and supporting seamless communication worldwide.
    • They play a pivotal role in facilitating collaboration, trade, and socio-cultural interactions on a global scale.

    Key Recommendation by TRAI

    (A) Ownership Requirements for Undersea Cables:

    • Proof of Ownership: TRAI recommends that all Indian telecom companies operating undersea cables must demonstrate ownership of the portion of cables located in Indian waters.
    • Significance: This requirement ensures that Indian firms have a stake in undersea cable infrastructure and fosters their active participation in global connectivity.

    (B) Distinction between Cable Landing Stations and Points of Presence (PoPs):

    • Differentiation of Facilities: TRAI suggests distinguishing between cable landing stations and PoPs, which are further connected to the stations.
    • Regulatory Simplification: Owners of PoPs would be exempted from multiple clearance requirements but would need to comply with lawful interception regulations.
    • Significance: This differentiation streamlines the regulatory process for telecom companies and promotes ease of doing business.

    (C) Allowance for Dark Fiber and Stubs:

    • Dark Fiber Usage: TRAI recommends permitting the use of dark fiber (unused optical fiber) on existing cable landing stations.
    • Use of Stubs: TRAI suggests allowing the installation of stubs, short cables in Indian waters, for potential future expansion and use.
    • Significance: Allowing dark fiber usage and stub installations enhances the flexibility and scalability of undersea cable infrastructure in India.

    (D) Financial Viability Models for Repair Vessels

    • Commissioning Indian Flagged Ships: TRAI proposes that a government committee explore financial viability models for commissioning Indian flagged ships for the repair and maintenance of undersea cables.
    • Significance: This promotes indigenous capabilities and supports the growth of the domestic maritime industry.

    (E) Domestic Traffic and Terrestrial Networks

    • Permission for Domestic Traffic: TRAI recommends explicitly permitting the carrying of domestic traffic on undersea cables, allowing for connectivity between domestic locations.
    • Extension through Terrestrial Networks: The regulator suggests enabling undersea cable systems to extend further inland through terrestrial networks to facilitate the flow of international traffic.
    • Significance: This improves efficiency and promotes seamless communication within India.

    Critical Information Infrastructure Protection

    • Notification of Critical Infrastructure: TRAI proposes notifying undersea cables as critical information infrastructure, making them eligible for protection by the National Critical Information Infrastructure Protection Centre (NCIIPC).
    • Significance: Recognizing undersea cables as critical infrastructure strengthens their security and safeguards against potential cyber threats.

    India’s Cable Projects and Future Expansion

    • India-Asia Xpress (IAX) and India-Europe Xpress (IEX): Reliance Jio is leading these projects, connecting India to Singapore, the Persian Gulf, and Europe. The capacity is around 200 Tbps, with funding from a consortium including Facebook and Google.
    • MIST: This cable will link Mumbai and Cochin in India to Myanmar, Thailand, Malaysia, and Singapore. It has a capacity of 218 Tbps and is scheduled for operation in 2024.
    • Blue-Raman: Connecting Italy, Greece, Israel, Jordan, Saudi Arabia, Oman, and India, this cable bypasses the Egyptian chokepoint. It has a capacity of over 200 Tbps and is funded by a consortium led by Google.
    • SEA-ME-WE 6: Upgrading the link from Singapore to Marseille, this cable spans 19,200 km with a capacity of 126 Tbps. It is scheduled to be operational in 2025 and involves a consortium of telecommunications companies.
    • 2 Africa Pearl: Extending from India and Pakistan, this cable orbits Africa, connecting 33 nations across three continents. It has a capacity of 180 Tbps and is funded by a consortium that includes Facebook and China Mobile.

    India’s Significance in Undersea Connectivity

    • Growing digital economy: India’s rapidly expanding digital market and high data usage make it a significant consumer and provider of global data connectivity.
    • Strategic location: Situated at the crossroads of major regions, India serves as a vital link connecting Asia, Europe, Africa, and the Middle East through undersea cable networks.
    • Technical expertise: India boasts a large pool of skilled professionals in the tech industry, enabling it to actively participate in the development, deployment, and maintenance of undersea cables.
    • Rising global influence: With its projected economic growth, population size, and geopolitical significance, India’s increasing influence positions it as a key player in shaping the future of undersea cable connectivity.
    • Connectivity expansion: India’s efforts to enhance domestic and international connectivity, coupled with its focus on improving infrastructure and regulatory frameworks, contribute to its importance in undersea cable networks.

    Conclusion

    • TRAI’s recommendations on undersea cables aim to enhance the participation of Indian firms, simplify regulatory processes, and strengthen the security and efficiency of undersea cable infrastructure in India.
    • These recommendations promote the growth of the telecom industry and support the country’s digital connectivity goals.

  • Senior IPS officer Ravi Sinha appointed Chief of R&AW

    R&AW

    Central Idea: The Appointments Committee of the Cabinet (ACC) appointed senior IPS officer Ravi Sinha as Secretary, Research and Analysis Wing (RAW), the country’s external intelligence agency.

    About Research and Analysis Wing (R&AW)

    • Foreign Intelligence: R&AW’s primary function is to gather foreign intelligence, focusing on counter-terrorism, counter-proliferation, and advancing India’s foreign strategic interests.
    • National Security: It also plays a role in safeguarding India’s nuclear program and advising policymakers on matters related to national security.
    • Social and Political Events: R&AW has been involved in major events, such as the accession of the state of Sikkim to India in 1975.

    History and Establishment

    • Background: Prior to R&AW, intelligence collection was the responsibility of the Intelligence Bureau (IB) during the British Raj.
    • Need for a Dedicated Agency: The failure of intelligence during the 1962 Sino-Indian War and the Indo-Pakistani war of 1965 led to the establishment of a separate foreign intelligence agency.
    • Formation: R&AW was officially formed in 1968, with Rameshwar Nath Kao appointed as its first chief.
    • Organizational Structure: R&AW’s structure is modeled after the CIA, and it reports to the Prime Minister without parliamentary oversight.
    • Additional Child Agencies: Over the years, R&AW added agencies like the Radio Research Center, Electronics & Tech. Services, Aviation Research Centre, and Special Frontier Force to enhance its capabilities.

    Operations and Activities:

    • Global Operations: R&AW carries out operations and intelligence activities in various countries, focusing on political, military, economic, and scientific developments that affect India’s national security.
    • Liaison with Foreign Agencies: R&AW maintains active relationships and coordination with intelligence agencies of other countries, including Russia’s SVR, Afghanistan’s NDS, Israel’s Mossad, Germany’s BND, the CIA, and MI6.
    • Field Formations: R&AW has ten field formations, known as Special Bureaus, strategically located along India’s borders.
    • Recruitment and Training: R&AW recruits personnel from various civil services, armed forces, and universities. Training involves both basic and advanced levels, covering areas such as intelligence techniques, espionage, and self-defence.

    Challenges and Controversies

    • Staff Shortage: R&AW faces a significant shortage of employees, with a deficit of 40% below the sanctioned strength.
    • Criticisms and Controversies: R&AW has faced criticism over bureaucratic issues, favoritism in promotions, corruption allegations, inter-departmental rivalries, and ethnic imbalances in the officer level.
    • Legal Status and Accountability: R&AW is not answerable to the Parliament of India and is exempt from the Right to Information Act, which has raised concerns about transparency and accountability.

    Impact and Significance

    • National Security and Foreign Policy: R&AW plays a crucial role in safeguarding India’s national security, shaping foreign policy, and countering threats to the country.
    • Counter-Terrorism Operations: R&AW is actively involved in anti-terror operations, neutralizing elements posing a threat to India’s security.
    • International Cooperation: R&AW collaborates with intelligence agencies from various countries, sharing intelligence and coordinating efforts to address common challenges.

    Major Operations

    Description
    Operation Smiling Buddha R&AW assisted in monitoring and managing India’s first nuclear test in 1974.
    Operation Topaz R&AW supported the merger of Sikkim with India in 1975, ensuring a smooth transition.
    Liberation of Bangladesh (1971) R&AW played a significant role in supporting the liberation movement in Bangladesh. It provided training, intelligence, and ammunition to the Bangladeshi guerrilla organization Mukti Bahini. R&AW’s assistance was instrumental in the successful creation of Bangladesh as an independent nation.
    Operation Kahuta R&AW gathered intelligence on Pakistan’s nuclear program by infiltrating the Kahuta Research Labs.
    Operation Chanakya R&AW provided support to the Tamil militant group LTTE during the Sri Lankan Civil War.
    Operation Leech R&AW targeted Burmese rebel groups, particularly the Kachin Independence Army.
    Counterintelligence Operations R&AW actively count

     

  • Gita Press to receive Gandhi Peace Prize

    gandhi gita

    Central Idea

    • Gita Press, located in Gorakhpur is awarded the prestigious Gandhi Peace Prize for 2021.
    • The jury, led by Prime Minister Narendra Modi, unanimously selects Gita Press for this honor.

    The  International Gandhi Peace Prize
    Establishment 1995
    Award Details Cash prize of ₹1 crore (US$130,000), which can be converted into any currency worldwide

    Includes a plaque and a citation
    Jury composition PM (Chair), Leader of the Opposition, Chief Justice, Speaker, and Eminent person
    Evaluation Evaluation based on contributions to non-violence and Gandhian methods

    Nominees are considered from competent individuals

    Award can be withheld if no deserving candidate is found
    Recent laureates Sheikh Mujibur Rahman (Bangladesh Founder) was posthumously awarded in 2020

    Significance of the Prize

    • The International Gandhi Peace Prize pays tribute to Mahatma Gandhi and his philosophy.
    • The award recognizes outstanding contributions to social, economic, and political transformation through non-violence and Gandhian methods.

    About Gita Press

    • Founding and Establishment: Gita Press was officially founded in 1923 by Jaydayal Goyandka, a businessman from Bankura, West Bengal.
    • Authenticity of texts: Goyandka’s extensive travels as a businessman led him to form satsangs with like-minded individuals in various towns.
    • Translation work: The group desired an authentic translation and commentary of the Bhagavad Gita, which led to the establishment of Gita Press.
    • Publication: Gita Press emerged as a prominent publisher with the launch of its monthly magazine, Kalyan, in 1926.
    • Versatility: It offers over 1,850 religious books in 15 languages, with approximately 93 crore copies sold.

    Pioneering work by the Press

    • Promotion of Hindi: It played a pivotal role in the consolidation of Hindi as a language of masses.
    • Bridging Divisions: Gita Press strategically focused on emotional cultivation and avoided highlighting differences between various Hindu sects, fostering unity among the Hindu community.

  • Groundwater Extraction Shifts Earth’s Tilt Axis

    earth tilt

    Central Ideas

    • A recent study conducted by scientists at Seoul National University has revealed that the extraction of groundwater from the earth has caused a shift in the planet’s axis, tilting it nearly 80 cm to the east.
    • This phenomenon, along with the movement of water through melting ice caps and glaciers, has implications for both the earth’s rotation, sea-level rise, and the distribution of water resources.

    Earth’s Axis and Rotation

    • The Earth’s axis and rotation play significant roles in shaping our planet’s climate, seasons, and day-night cycles.
    • Here are some key points about Earth’s axis and rotation:
    1. Axis: The axis is an imaginary line that extends between the North Pole and the South Pole and is tilted at an angle of approximately 23.5 degrees relative to its orbital plane around the Sun. This tilt is responsible for Earth’s seasons.
    2. Rotation: Earth rotates on its axis from west to east, completing one full rotation in approximately 24 hours. This rotation is what gives us the cycle of day and night. The side of the Earth facing the Sun experiences daylight, while the opposite side experiences darkness, resulting in day and night.
    3. Polar Regions: The axis of the Earth is inclined with respect to its orbital plane. This inclination causes the Polar Regions to experience variations in daylight throughout the year. During the summer solstice (around June 21), the North Pole is tilted towards the Sun, resulting in 24 hours of continuous daylight in the Arctic Circle and 24 hours of darkness in the Antarctic Circle. The opposite occurs during the winter solstice (around December 21).
    4. Equator: The equator is an imaginary line equidistant from the poles and divides the Earth into the Northern Hemisphere and the Southern Hemisphere. The equator experiences relatively consistent day and night lengths throughout the year, with two equinoxes occurring when the Sun is directly above the equator. During the equinoxes (around March 21 and September 21), day and night are approximately equal in length worldwide.
    5. Precession (Cyclic Wobble): In addition to its axial tilt, Earth experiences a slow, cyclic wobble called precession. This wobble causes the orientation of Earth’s axis to change slightly over a period of approximately 26,000 years. Precession does not affect the tilt or the length of the seasons but does influence the positions of the celestial poles and the timing of Earth’s closest approach to the Sun (perihelion) and farthest point (aphelion).

    Why in news?

    • Unlike a stable rotating globe, the earth’s axis experiences a wobble due to various factors such as weather, seasonal changes, the molten core, and natural events like hurricanes.
    • Scientists track this motion relative to astronomical phenomena, but the role of water movement, including groundwater extraction, had not been fully considered until now.
    • The earth’s axis wobbles in a circular pattern several meters wide every year.

    Study Findings

    • Researchers at Seoul National University built a climate model linking the earth’s axis shift with water movement, including the melting of ice caps and glaciers.
    • Initially, the model did not match the observed drift of the axis until groundwater extraction was added to the equation.
    • Groundwater pumping accounted for the unexplained cause of the rotation pole drift.
    • The shift in the earth’s axis due to groundwater extraction was measured at nearly 80 cm tilt to the east.

    Implications for Sea-Level Rise

    • The study revealed that approximately 2,150 billion tonnes of groundwater were pumped and drained into the oceans between 1993 and 2010, contributing to a sea-level rise of 6.24 mm.
    • Groundwater depletion plays a significant role in the location and magnitude of the axis drift.
    • Mid-latitude regions, particularly northwest India and western North America, showed the most significant groundwater redistribution effects.

    Impact on Water Resources

    • Groundwater extraction for human activities, including irrigation, is affecting the distribution and availability of water resources.
    • Excessive groundwater pumping has led to a significant redistribution of water, altering the balance between surface water and groundwater reserves.

  • Orvakallu Rock Paintings in AP

    rock cave

    Central Idea

    • A recent discovery by D. Kanna Babu, former Superintending Archaeologist, reveals a Mesolithic period rock painting in Orvakallu village, Guntur district, Andhra Pradesh.
    • The painting depicts a person tilling land, shedding light on the social life and culture of the ancient inhabitants.

    Orvakallu Rock Paintings

    rock cave

    • The researchers while conducting a survey of the lower River Krishna Valley, identified a new prehistoric rock painting in Orvakallu.
    • The painting was found on the walls and ceiling of natural rock shelters on a hillock.
    • The site consists of five caves, two of which exhibit distinct depictions of rock paintings from the Mesolithic Age (approximately 5000 BC).

    Composition and Condition of the Paintings

    • The paintings were created using natural white kaolin and red ochre pigments.
    • The passage of time and exposure to air and wind have significantly damaged most of the paintings.
    • Despite the deterioration, some sketches and outlines remain visible for visitors.

    Significance of the Find

    • The discovery sheds light on the social life and culture of the people who inhabited the area during the Mesolithic Age.
    • One painting depicts a man catching a wild goat while holding a hooklike implement.
    • Another painting portrays two couples with raised hands, accompanied by a child.
    • Notably, a painted figure shows a man holding a plough, suggesting a semisettled life pattern and agricultural practices.

    Understanding the Painted Figures

    • The depiction of a man tilling land indicates the cultivation of crops and a semi-settled lifestyle.
    • The paintings offer valuable insights into the daily activities, occupations, and interactions with the environment of the ancient community.

    Back2Basics:

    Paleolithic Mesolithic Neolithic Bronze Age Iron Age
    Time Period 2.6 million  10,000 BCE 10,000  6,000 BCE 6,000  2,000 BCE 3,300  1,200 BCE 1,200  500 BCE
    Characteristics Use of crude stone tools Transition from hunter-gatherer to settled lifestyle Agriculture and farming practices become more prominent Introduction of bronze, a metal alloy made of copper and tin Transition from bronze to iron as the dominant metal
    Animals in use Hunter gatherer lifestyle Domestication of plants and animals Domestication of animals Advanced metallurgical techniques Increased trade and warfare
    Economy Nomadic existence Emergence of early agriculture and semi-permanent settlements Development of pottery and weaving techniques Rise of complex societies and city-states Emergence of empires and large scale political systems
    Artistic Development Cave paintings and engravings Advanced stone tools, including micro-liths Establishment of permanent settlements and early civilizations Development of writing systems and recorded history Flourishing of art, literature, and technology

     

  • UK launches Developing Countries Trading Scheme (DCTS)

    developing

    Central Idea

    • The launch of the Developing Countries Trading Scheme (DCTS) by the United Kingdom presents a significant opportunity for India and 65 other poor and developing nations.

    Developing Countries Trading Scheme (DCTS)

    • The DCTS is a preferential trading program introduced by the United Kingdom.
    • It replaces similar arrangements that were in place during the UK’s membership in the European Union.
    • The scheme aims to support trade and economic growth for 65 poor and developing countries.

    Key Features:

    • Tariff Reduction: DCTS removes or reduces tariffs on imports from eligible countries.
    • Simplified Trading Rules: The scheme simplifies trade procedures to facilitate smoother transactions.
    • Enhanced Market Access: It provides improved market access for participating countries’ products.
    • Favorable Terms: UK businesses can save costs through reduced or eliminated tariffs on imports.
    • Product Coverage: The scheme covers various goods, including clothing, food, and children’s toys.

    Focus on Sustainability and Good Governance

    • Responsible Trade Practices: Participating countries are expected to adhere to international conventions related to human rights, labor standards, anti-corruption measures, climate change, and environmental protection.
    • Mutual Benefits: The scheme promotes sustainable development and creates a mutually beneficial partnership between the UK and developing countries.

    Benefits for Participating Countries

    • Trade Opportunities: DCTS creates opportunities for businesses and supports livelihoods.
    • Job Creation: The scheme aims to generate employment by diversifying local and international supply chains.
    • Economic Growth: It contributes to sustained economic growth in participating countries.
    • Market Expansion: DCTS helps countries access the UK market and expand their export capacities.

    Impact on India

    • Trade Opportunities for India: The DCTS presents significant trade opportunities for India.
    • Labour-Intensive Sectors: Indian exporters in sectors like textiles, leather goods, and metals can benefit.
    • Market Access: The scheme reduces trade barriers and expands market access to the UK for Indian goods.
    • Interim Measure: DCTS serves as an interim measure while negotiations for a comprehensive Free Trade Agreement (FTA) between the UK and India continue.
    • Future Potential: The DCTS sets the stage for deeper economic ties and a future FTA between the UK and India.

  • Anna Bhagya Scheme of Karnataka

    anna bhagya

    Central Idea

    • The government in Karnataka is facing challenges in procuring rice for its ambitious Anna Bhagya scheme.
    • However, there is a ray of hope as Punjab has agreed in-principle to supply the required quantity of rice.

    What is Anna Bhagya Scheme?

    • The state government plans to enhance the free rice allocation per person in the Below Poverty Line (BPL) card from 5 kg to 10 kg.
    • The scheme is estimated to cost the exchequer ₹840 crore monthly and ₹10,092 crore annually.
    • It is scheduled to be launched on July 1.

    Challenges Faced

    • The Food Corporation of India (FCI) initially agreed to provide the required 2.28 lakh tonnes of rice but later refused to do so.
    • Telangana and Andhra Pradesh expressed inability to supply, while Chhattisgarh government offered to supply 1.5 lakh tonnes.
    • Karnataka is now searching for rice in other states and aims to purchase it at ₹34 per kg.

    Consideration of Alternative Grains:

    • If needed, the state may provide 2 kg of either ragi or jowar, which would last for six months.
    • However, the government still needs to supply an additional 3 kg of rice on top of the existing 5 kg allocation.

    Punjab’s Offer

    • The Punjab government expressed willingness to supply rice to Karnataka in the federal spirit.
    • Punjab has enough rice and wants to help mitigate the problems faced by the poor across the country.