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  • Vehicle scrapping policy will help Indian steel reduce GHG emissions

    The article explains the advantages of the vehicle scrapping policy announced in the Budget FY22.

    Greenhouse gas contributionĀ  steel industry

    • Steel industry uses carbon as the main reducing agent as also as a fuel for steel production.
    • GHG emissions of the Indian steel industry is 2.0-2.8 tonnes of CO2 per tonne of crude steel, against global average of 1.8 tonne of CO2.

    Scrapping policy

    • Two seminal announcements have been made in Budget FY22, viz. introduction of vehicle scrapping policy and doubling ship-breaking capacity to 9 million tonnes per year.
    • This will minimise dependence on import of scrap and cause a reduction of the GHG footprint of iron & steel.

    Producing steel using scrap

    • Most steel-producing countries are trying to bring down emissions by shifting from iron-ore-based production to scrap-based production.
    • This route can bring CO2 emissions down to below 0.5 tonne of CO2 per tonne of steel.
    • Although most steel-producing countries are using Electric Arc Furnaces (EAF) for scrap-based production, in India, both EAF and Induction Furnaces (IF) are used.
    • The main CO2 load in EAF-based steel production doesnā€™t come from the off-gas but from producing the electricity used in melting of the scrap.
    • Thus, this can be further reduced if renewable power is used as a source of electricity.

    Saving in forex spending

    • Availability of ferrous scrap in India is very limitedā€”around 25 million tonnes annually from domestic sources.
    • In 2018-19 and 2019-20, the country imported nearly 6.5 million tonnes of scrap each year and thus large forex spending was incurrred.
    • With the announcement of vehicle scrapping policy, steel industry can expect enhanced indigenous availability of ferrous scrap.

    Strengthening the resource efficiency and circular economy

    • The quality of the steel produced is dependent upon the quality of input material and hence any improvement made in ensuring quality of scrap will have marked influence on the steel produced.
    • This shall strengthen the process of resource efficiency & circular economy as considerable natural resources shall be conserved with significant reduction in emission and it will help in moving towards a sustainable steel industry.

    Consider the question “Discuss the advantages of vehicle scrapping policy announced by the government in Budget FY 22.”

    Conclusion

    The announcement of the vehicle scrapping policy couldnā€™t have come at a better time for steel industry in India, as well since the country lacks desired quality of coking coal and natural gas is also imported.

  • How did inflation targeting really impact India?

    The article analyses the success of the inflation targeting mechanism in India and its impact on the growth of the economy.

    Background of the inflation targeting policy in India

    • It has been three decades since inflation targeting was first adopted in New Zealand and subsequently by 33 other countries.
    • India adopted it in 2016.
    • The primary goal of inflation targeting was to contain inflation at around 4 per cent, within the allowable range of 2 to 6 per cent.
    • The RBI has announced a formal review of the policy instrument now.
    • At the first meeting of the RBI Monetary Policy Committee in October 2016, it was also formally announced that the MPC considered a real repo rate of 1.25 per cent as the neutral real policy rate for the Indian economy.
    • By a neutral real policy rate, the RBI meant a policy rate consistent with growth at potential (i.e. growth at full employment).

    Has inflation targeting worked in India

    • The evaluation of IT must provide answers to the following two questions:
    • Did inflation decline post the adoption of inflation targeting and what was the role of IT in the decline in inflation?
    • Was the adoption of inflation targeting associated with the policy of the highest real repo rates in India ā€” ever ā€” for almost three years 2017-2019?
    • The answer is yes to the latter, but it also needs to be acknowledged that high real repo rates were the primary cause of the GDP growth decline in India from 8 per cent to 5 per cent.

    Need to take into account the global context of inflation

    • An interesting feature of the Indian defence of inflation targeting is that very few take into account the global context of inflation in which the decline in inflation has occurred in India.
    • A research paper by Balasubramanian, Bhalla, Bhasin and Loungani at ORF evaluates inflation targeting in a global context and separately for Advanced Economies (AEs) and Emerging Economies (EES).
    • Some facts from the paper are the following.
    • First, the annual median inflation in AEs has been consistently low, so low that many central banks have official campaigns to raise the inflation rate.
    • One conclusion might be that IT succeeded beyond anyoneā€™s dreams in these economies.
    • But attributing this decline in inflation to IT would be erroneous.
    • Inflation is global and price-taking by millions of producers in the world means that no one producer or one country can influence the price of any item.
    • Oil has ceased to be a factor in global inflation, at least post the mid-1980s.
    • The lowest inflation in Indian history occurred during 1999-2005, averaged only 3.9 per cent.
    • The average median rate among EM targetters during 2000-04 was 4 per cent, and among the non-targeting countries was 3.8 per cent.

    Did fiscal deficit play role in inflation targeting

    • In 2003, India passed the FRBM act to control fiscal deficits and inflation.
    • There is precious little evidence, either domestically or internationally, about fiscal deficits affecting inflation.
    • For three consecutive years preceding the FRBM announcement, the consolidated Centre plus state deficits registered 10.9 per cent(in 2001), 10.4 and 10.9 per cent.
    • For the seven-year 1999-2005 period, consolidated fiscal deficits averaged 9.4 per cent of GDP.
    • Yet, that these years represented the golden period of Indian inflation ā€” without FRBM and without IT.

    Cost of inflation targeting in India

    • There are also costs to inflation targeting in India.
    • It led to higher real policy rates, in the mistaken belief that high policy rates affect the price of food, oil, or anything else.
    • But high real rates affect economic growth, by affecting the cost of domestic capital in this ultra-competitive world.
    • It is very likely not a coincidence that potential GDP growth, as acknowledged by RBI, was reached just before the MPC took over decision making in September 2016.Ā 
    • Ā Since then there was a steady increase in real policy rates, and a steady decline in GDP growth.

    Consider the question “How far has the inflation targeting mechanism been successful in India? Give reasons in support of your argument.”Ā 

    Conclusion

    So, in the inflation targeting mechanism has not been successful in containing the inflation though there had a cost associated with it which we paid in the form of growth.

  • What are the Diatoms?

    The Maharashtra Anti-Terrorism Squad has relied on a forensic test known as diatom tests for leads in an alleged murder case of a person inviting high stage political drama.

    What are Diatoms?

    • Diatoms are photosynthesizing algae that are found in almost every aquatic environment including fresh and marine waters, soils, in fact, almost anywhere moist.
    • Diatoms have cell walls made of silica, each species has a distinct pattern of tiny holes in the cell wall (frustule) through which they absorb nutrients and get rid of waste.
    • A diatom is a photosynthetic, single-celled organism which means they manufacture their own food in the same way plants do.

    Diatoms are important as they:

    • provide the basis of the food chain for both marine and freshwater micro-organisms and animal larvae
    • are a major source of atmospheric oxygen responsible for 20-30% of all carbon fixation on the planet
    • can act as environmental indicators of climate change
    • form the basis of some household goods such as pest/mite prevention and mild abrasive

    Never underestimate UPSC. Try this PYQ before you reach any conclusion.

    Q.Which one of the following is the correct sequence of a food chain?

    (a) Diatoms-Crustaceans-Herrings

    (b) Crustaceans-Diatoms-Herrings

    (c) Diatoms-Herrings-Crustaceans

    (d) Crustaceans-Herrings-Diatoms

    What is a diatom test?

    • Diagnosis of death by drowning is deemed as a difficult task in forensic pathology.
    • A number of tests have been developed to confirm the cause of such deaths with the diatom test emerging as one of the most important tests.
    • The test entails findings if there are diatoms in the body being tested.

    The science behind

    • A body recovered from a water body does not necessarily imply that the death was due to drowning.
    • If the person is alive when he enters the water, the diatoms will enter the lungs when the person inhales water while drowning.
    • These diatoms then get carried to various parts of the body, including the brain, kidneys, lungs and bone marrow by blood circulation.
    • If a person is dead when is thrown in the water, then there is no circulation and there is no transport of diatom cells to various organs.

  • An effective plan to monetise government assets

    The article discusses the government’s proposal to monetise assets and proposes the idea of an independent commission to carry out the task of monetisation.

    Roadmap for monetisation of asset: National Monetisation Pipeline

    • Finance Minister had introduced a roadmap for monetisation of asset in the Union Budget.
    • In the budget, the government proposed to launch a ā€˜National Monetisation Pipelineā€™ to assess the potential value of underutilised and unused government assets.
    • A number of countries including the United States, Australia, Canada, France and China have effectively utilised this policy.
    • In India too, the concept was suggested by a committee led by Vijay Kelkar on the roadmap for fiscal consolidation in 2012.
    • Ā The committee had suggested that the government start monetisation as a key instrument to raise resources for development.
    • Ā It asked the government to use these resources for financing infrastructure needs.

    Why monetisation

    • The global pandemic forced the government to increase spending.
    • Thus, total expenditure of the government has jumped to ā‚¹34.50 trillion against the target ofĀ ā‚¹30.42 trillion.
    • On the flip side, revenue of the government is shrinking.
    • As a result, total borrowing has increased by 2.3 times, from ā‚¹7.96 trillion toĀ ā‚¹18.49 trillion.
    • An increase in borrowing also increases interest cost.
    • The ratio of interest payment to revenue receipts was 36.3% in 2019-20.
    • As per revised data, it has increased to 44.5% in the current fiscal year and is projected at an all-time high of 45.3% in 2021-22.
    • Almost half of the revenue is going towards servicing old debts. To revive the economy, capital expenditure is indispensable.

    National Infrastructure Pipeline

    • In this backdrop, the government has already launched the National Infrastructure Pipeline (NIP), with 6,835 projects in December 2019.
    • The project pipeline has been increased to 7,400.
    • The NIP has its own specific target and the government is committed to achieve it in the coming years.
    • It called for a major increase in funding.
    • For 2021-22, the government has proposed to spendĀ ā‚¹5.54 trillion, which is 34.5% higher than the budgeted amount of 2020-21.
    • Now, the government found that monetisation of government- and public sector-owned assets would be an important financing option for new infrastructure construction.

    Model for monetisation of asset: REITs

    • The government is looking at the Real Estate Investment Trusts (REITs) model for monetisation of assets.
    • Under REITs, the land assets are transferred to a trust providing investment opportunity for institutional investors.
    • The government has another option to lease or rent out the assets instead of going for monetisation.
    • The government expects monetisation will generateĀ ā‚¹2.5 trillion in non-debt capital revenue.
    • The objective of asset monetisation is to raise resources for future investment into the sector.
    • A pipeline monetisation plan for Indian Oil, GAIL, and Hindustan Petroleum has been drawn up by the government.
    • It is expected that the government will raise ā‚¹0.17 trillion by selling stakes in these three companies.

    Consider the question “What is asset monetisation? What strategy should be followed by the government in the monetisation of assets?

    Conclusion

    To handle effectively the task of monetisation of assets, the government should constitute an independent commission clothed with requisite powers and staffed by professionals and researchers to formulate and implement its monetisation initiative.

  • Digital lending

    Digital lending has been on the rise in India. However, there are several concerns about the model. The article discusses these concerns and suggests the policy approach.

    3 digital lending models

    • Presently, there are three digital-lending models, seen through the regulatory-approach lens:
    • 1) Bank/NBFC-owned digital platforms operating under the direct regulatory purview of RBI.
    • 2) Fintech companiesā€™ proprietary digital platforms, working in partnership with banks/NBFCs.
    • Being mere intermediaries, these platforms are not required to seek any registration with RBI, and are only indirectly regulated through RBIā€™s outsourcing guidelines applicable to Banks/NBFCs.
    • 3) Peer-to-peer (P2P) lending platforms, which usually involve the otherwise unregulated retail lenders.
    • RBI has mandated such platforms to seek registration as NBFC-P2P; thus, they are directly regulated by RBI.

    Issues with digital lending

    • The specific issues are unauthorised lenders, exorbitant rates of interest, use of coercive repayment methods, and non-consensual collection or use of user data.
    • These issues entail serious adverse implications for borrowers and have systemic implications, hampering the rise of legitimate fintech players.

    Steps taken

    • With a view to curb such practices, RBI, in 2020, issued a notification to Banks/NBFCs mandating additional disclosures/compliances, and an advisory to borrowers warning them against such platforms.
    • Following the notification,Ā GoogleĀ removed several such loan apps from its PlayStore.
    • The Digital Lendersā€™ Association of India (DLAI) also issued guidelines to help borrowers identify such unscrupulous platforms.
    • In the regulatory pipeline on this front is the report of the working group on digital lending, constituted by RBI in January 2021.

    Framing effective policy solutions

    • Given the significant contribution of legitimate fintech players, it is important to ensure that any policy solutions to address such issues do not impede the growth of such players.
    • The key to this lies in adoption of light-touch regulation, along with the effective implementation of the already proposed regulatory initiatives.
    • For instance, the primary cause of the rising supply of unauthorised lending platforms is the existing credit information asymmetry that genuine lenders face in respect of small borrowers.
    • Here, operationalising and on-scale implementation of RBIā€™s proposed ā€˜Public Credit Registryā€™ and the ā€˜Open Credit Enablement Networkā€™ (an infrastructure protocol enabling digital low cost lending to small borrowers through access of consented data) would lead to increased participation of legitimate players and curb proliferation of unauthorised lenders.
    • Another foundation for framing effective policy solutions lies in leveraging the interdependence and impact of each individual constituent of the digital lending ecosystem, on other constituents.
    • Apart from lenders/platforms/borrowers, these constituents also include the digital lending industry associations, consent managers and technology developers.
    • Regulators and industry associations working together can provide the necessary foundations for addressing these issues.
    • Other solutions spear-headed by industry associations could be to establish ā€˜certification systemā€™ based maintenance of a repository of lending platforms for easy identification of genuine players.
    • Similarly, on the data protection aspect, a structural solution through coordinated efforts of various digital lending constituents is required.

    Consider the question “Examine the factors aiding the growth of digital lending in India. What are the challenges the sector face? Suggest the measures to deal with these challenges.”

    Conclusion

    For the continued development of the Indian digital lending economy, it is important to implement policy solutions that adequately protect the borrowers from malpractices, while, at the same time, do not dampen innovation in this fast-evolving sector.

    Source:-

    https://www.financialexpress.com/opinion/soft-touch-regulation-for-digital-lending/2215702/

  • Insurance (Amendment) Bill, 2021

    The Rajya Sabha has passed the Insurance Amendment Bill 2021 that increases the maximum foreign investment allowed in an insurance company from 49% to 74%.

    It is very intriguing to see several amendments in news these days. Isnā€™t it?

    Insurance Amendment Bill

    • The Bill seeks to amend the Insurance Act, 1938.
    • The Act provided the framework for functioning of insurance businesses and regulates the relationship between an insurer, its policyholders and its shareholders.
    • It also had provisions regarding the regulator (the Insurance Regulatory and Development Authority of India).

    Key highlights of the bill

    The Bill seeks to increase the maximum foreign investment allowed in an Indian insurance company.

    () Foreign investment

    • The Act allows foreign investors to hold up to 49% of the capital in an Indian insurance company, which must be owned and controlled by an Indian entity.
    • The Bill increases the limit on foreign investment in an Indian insurance company from 49% to 74%, and removes restrictions on ownership and control.
    • However, such foreign investment may be subject to additional conditions as prescribed by the central government.

    () Investment of assetsĀ 

    • The Act requires insurers to hold a minimum investment in assets which would be sufficient to clear their insurance claim liabilities.
    • If the insurer is incorporated or domiciled outside India, such assets must be held in India in a trust and vested with trustees who must be residents of India.
    • The Act specifies in an explanation that this will also apply to an insurer incorporated in India, in which at least: (i) 33% capital is owned by investors domiciled outside India, or (ii) 33% of the members of the governing body are domiciled outside India.
    • The Bill removes this explanation.

    Expected outcomes

    • More capital at dispense: The FDI limit increase is also expected to provide access to fresh capital to some of the insurance companies, which are struggling to raise capital from their existing promoters.
    • Better solvency: This would not only increase the solvency position for some insurers but would provide long-term growth capital for other companies to invest in newer technologies.
    • Insurance penetration: These technologies would not only help in managing losses but also in customer acquisition and thus insurance penetration.
    • Technological impetus: The additional funds could be used to invest in technology to adapt to the evolving customer needs like responsive service through digital platforms.

  • Carbon footprint of Bitcoins

    At a time when investors around the world are scrambling to follow the newest financial trend, very few are bothered about the carbon footprint that the cryptocurrency is leaving behind.

    If Bitcoin were a country, it would consume more electricity than Austria or Bangladesh!

    Footprint of Bitcoins

    • T A recent study by Alex de Vries, a Dutch economist, has shown that Bitcoins leave behind a carbon footprint of 38.10 Mt a year.
    • The annual carbon footprint of Bitcoins is almost equivalent to that of Mumbai, or to put it to a global perspective, as high as the carbon footprint of Slovakia.
    • A recent study has shown that Bitcoins leave behind a carbon footprint of 38.10 Mt a year.
    • According to a study titled ā€˜CO2 Emissions from Fuel Combustion (Highlights) 2017ā€™, Mumbaiā€™s yearly carbon footprint stands at 32 Mt, while Bangaloreā€™s is at 21.60 Mt.
    • Vries has been able to create a Bitcoin Energy Consumption Index, one of the first systematic attempts to estimate the energy use of the bitcoin network.

    Relation between creating bitcoins and electricity required

    • Bitcoins are created by ā€œminingā€ coins, for which high-tech computers are used for long hours to do complex calculations.
    • The more coins there are in the market, the longer it takes to ā€œmineā€ a new one and in the process, more electricity is consumed.
    • As mining provides a solid source of revenue, people are willing to run power-hungry machines for hours to get a piece.
    • In 2017, the Bitcoin network consumed 30 terawatt-hours (TWh) of electricity a year.
    • As such, each bitcoin transaction roughly requires an average of 300kg of carbon dioxide ā€“ which is equivalent to the carbon footprint produced by 750,000 credit cards swiped.

    Calculating the carbon footprint

    • The major problem with mining Bitcoin is not its massive energy-consumption nature; it is the fact that most of the mining facilities are located in regions that rely heavily on coal-based power.
    • Earlier, determining the carbon impact of the Bitcoin network was difficult as tracking down miners was never easy.
    • As per the estimates of De Vries, roughly 60% of the costs of bitcoin mining is the price of the electricity used.
    • The price of a Bitcoin stood at $42,000 and at this rate; miners would be earning around $15 billion annually.

    Other impacts of Bitcoin mining

    • The effects of cryptocurrency mining often spill over to other parts of the economy.
    • With miners using high-tech computers for hours to formulate new blockchains, these machines do not last long.
    • Manufacturers of Bitcoin mining devices need a substantial number of chips to produce these machines and recently, during the Covid-19 crisis, the world had witnessed a shortage of these chips.
    • This shortage, now, in turn, started affecting the production of electric vehicles around the world.

    What can be done to control the carbon footprint?

    • The Dutch economist asks policymakers to follow the path shown by QuĆ©bec in Canada, where a moratorium on new mining operations has been imposed.
    • Although Bitcoin might be a decentralized currency, many aspects of the ecosystem surrounding it are not.
    • Large-scale miners can easily be targeted with higher electricity rates, moratoria, or, in the most extreme case, confiscation of the equipment used.
    • Governments can also ban cryptocurrencies from digital asset marketplaces as it will affect the prices of a digital currency.

    India and the cryptocurrency

    • The country, at present, has around 75 lakh cryptocurrency investors who have together pooled over Rs 10,000 crore into Bitcoins and other such digital currencies.
    • The prices have surged by over 900%, courtesy of the worldwide boom ā€“ a single bitcoin that used to cost around Rs 4 lakh in 2020 now costs somewhere around Rs 41 lakh now.
    • FM Nirmala Sitharaman has said that the Centre will take a ā€œcalibrated approachā€ and leave a window open for experiments with blockchain technology.

  • [pib] What is Artificial Photosynthesis?

    Scientists have found a method to mimic natureā€™s own process of reducing carbon dioxide in the atmosphere, namely photosynthesis, to capture excess carbon dioxide in the atmosphere.

    Artificial Photosynthesis

    • Artificial photosynthesis (AP) is a chemical process that mimics the natural process of photosynthesis to convert sunlight, water, and carbon dioxide into carbohydrates and oxygen.
    • The term artificial photosynthesis is commonly used to refer to any scheme for capturing and storing the energy from sunlight in the chemical bonds of fuel (a solar fuel).
    • Photocatalytic water splitting converts water into hydrogen and oxygen and is a major research topic of artificial photosynthesis.
    • Light-driven carbon dioxide reduction is another process studied that replicates natural carbon fixation.

    Try this PYQ:

    Which of the following adds/add carbon dioxide to the carbon cycle on the planet Earth?

    1. Volcanic action
    2. Respiration
    3. Photosynthesis
    4. Decay of organic matter

    Select the correct answer using the code given below:

    (a) 1 and 3 only

    (b) 2 only

    (c) 1, 2 and 4 only

    (d) 1, 2, 3 and 4

    Challenges in AP

    • Research on this topic includes the engineering of enzymes and photoautotrophic microorganisms for microbial biofuel and biohydrogen production from sunlight.
    • This AP harnesses solar energy and converts the captured carbon dioxide to carbon monoxide (CO), which can be used as a fuel for internal combustion engines.
    • In AP, scientists are essentially conducting the same fundamental process in natural photosynthesis but with simpler nanostructures.
    • However, there are plenty of hurdles to overcome as a successful catalyst to carry out AP.

    What have Indian researchers achieved?

    • Indian researchers have designed and fabricated an integrated catalytic system based on a metal-organic framework (MOF-808) comprising of a photosensitizer that can harness solar power and a catalytic centre that can eventually reduce CO2.
    • A photosensitizer is a molecule that absorbs light and transfers the electron from the incident light into another nearby molecule.
    • The scientists have immobilized a photosensitizer, which is a chemical called ruthenium bipyridyl complex ([Ru (bpy)2Cl2]) and a catalytic part which is another chemical called rhenium carbonyl complex ([Re(CO)5Cl]).
    • They have fabricated it inside the nano space of a metal-organic framework for artificial photosynthesis.

    Outcomes of the research

    • The developed catalyst exhibited excellent visible-light-driven CO2 reduction to CO with more than 99% selectivity.
    • The catalyst also oxidizes water to produce oxygen (O2).
    • The Photocatalytic assembly, when assessed for CO2 reduction under direct sunlight in a water medium without any additives, showed superior performance of CO production.
    • Being heterogeneous, the integrated catalytic assembly can be reused for several catalytic cycles without losing its activity.

    Back2Basics:Ā  Photosynthesis

    • It is the process by which green plants and certain other organisms transform light energy into chemical energy.
    • It is a process used by plants and other organisms to convert light energy into chemical energy that, through cellular respiration, can later be released to fuel the organism’s metabolic activities.
    • This chemical energy is stored in carbohydrate molecules, such as sugars, which are synthesized from carbon dioxide and water ā€“ hence the name photosynthesis.

  • [pib] High Electron Mobility Transistor (HEMT)

    Indian Scientists from Bangalore have developed a highly reliable, High Electron Mobility Transistor (HEMTs) that is normally OFF the device and can switch currents up to 4A and operates at 600V.

    We cannot deny the possibility of a complex S&T based prelims question. This newscard seems very technical. However many of you might be aware of the p-n junction diodes and conventional transistors.

    What is HEMT?

    • A high electron mobility transistor or HEMT is a type of field-effect transistor (FET) that is used to produce a high performance at microwave frequencies.
    • The HEMT provides a fusion of low noise figure that comes combined with the unique ability to function at very high microwave frequencies.
    • These devices are commonly used in aspects of radiofrequency designs that require high performance at high-frequency levels.
    • They produce a high gain, which makes these transistors very useful as amplifiers. They can switch speeds very rapidly.
    • And finally, they produce very low noise values as the current variations in these transistors are comparatively low.

    Practical applications of HEMT

    • HEMTs are used in applications where microwave millimetre wave communications are conducted.
    • They are also used for radar, imaging, as well as radio astronomy.
    • They are also used in voltage converter applications.
    • These transistors are also ideal as digital on-off switches in integrated circuits, and to be used as amplifiers for huge amounts of current by using a small voltage as a control signal.

    What is the news?

    First-ever indigenous HEMT

    • This first-ever indigenous HEMT device made from gallium nitride (GaN) is useful in electric cars, locomotives, power transmission and other areas requiring high voltage and high-frequency switching.
    • It would reduce the cost of importing such stable and efficient transistors required in power electronics.

    How does it work?

    • Power electronic systems demand high blocking voltage in OFF-state and high current in ON-state for efficient switching performance.
    • Specific transistors called HEMTs made of aluminium gallium nitride/ gallium nitride (AlGaN/GaN) provides an edge over silicon-based transistors as they allow the systems to operate at very high voltages, switch ON and OFF faster, and occupy less space.
    • Commercially available AlGaN/GaN HEMTs use techniques to keep the transistor in a normally OFF state, which affects the stability, performance and reliability of the device.
    • Therefore, to meet this need, researchers have developed a new kind of HEMT, which is in the OFF state by default and works like any other commonly used power transistor.

  • Induction of INS Dhruv

    India Navy is set to commission INS Dhruv to track satellites, strategic missiles and map the Indian Ocean bed later this year.

    INS Dhruv is no ordinary vessel for the Indian Navy. Read its stealth capabilities and utilities.

    INS Dhruv

    • INS Dhruv has been developed with the help of the DRDO and Indian Navy with Indiaā€™s Strategic Force Command and National Technical Research Organisation (NTRO) as main intelligence consumers.
    • The indigenously-developed surveillance ship has been built by Hindustan Shipyard Ltd at its Visakhapatnam facility under the Atma Nirbhar Bharat Abhiyan initiative.
    • The 15,000-tonne ship, part of a classified project, will not only create maritime domain awareness for India in the Indian Ocean but also act as an early warning system for adversary missiles headed towards India.

    Stealth capabilities

    • INS Dhruv is equipped with active electronically scanned array radars, or AESA considered a game-changer in radar technology.
    • It can scan various spectrums to monitor satellites of adversaries that are watching over India.
    • It can also understand the range and true missile capability of adversary nations that it finds in the Indo-Pacific.

    Benefits offered

    • Once the vessel is commissioned, India will be the only country outside the P-5 – the US, the UK, China, Russia and France – to have this capability
    • It will act as a major force multiplier to Indiaā€™s ocean surveillance capabilities.
    • It will be able to provide the Indian Navy with an ā€œECG of the Indian Oceanā€.