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  • Protecting Mangroves in Tamil Nadu 

    Why in the News?

    The International Union for Nature Conservation (IUCN) has listed mangroves in coastal regions spanning Tamil Nadu, Sri Lanka and Maldives as ‘critically endangered’ in its first global assessment of mangrove ecosystems.

    Red List of Mangrove Ecosystems: Study by IUCN

    • Global assessment reveals a 50% risk of mangrove ecosystem collapse. Without further conservation, by 2050, 7,065 sq km more mangroves will be lost, and 23,672 sq km submerged.

    If we let this happen, the world is at risk of losing:  

    • 1.8B tonnes of carbon stored, costing society $336B (based on the social cost of carbon). Protects 2.1M lives and $36B worth of property from coastal flooding..

    Sea-level rise is the main threat affecting mangrove ecosystems. 

    • 25% of the global mangrove area is predicted to be submerged in the next 50 Years.
    • 1/3 of the world’s mangrove ecosystem provinces will be severely affected by sea-level rise.

    Tamil Nadu’s Efforts for Mangroves Conservation

    • The Tamil Nadu Forest Department has doubled mangrove cover from 23 sq km in 2001 to 45 sq km in 2021, as per the Indian State of Forest Report.
    • Mangrove restoration projects have been undertaken across Nagapattinam, Thiruvarur, Cuddalore, Pudukottai, Ramanathapuram, Thiruvallur, and Villupuram districts, with plans for an additional 15 sq km restoration under the Tamil Nadu Coastal Restoration Mission funded by the World Bank.

    TN-SHORE: World Bank-funded Coastal Restoration Mission

    • Tamil Nadu’s TN-SHORE initiative, launched in January 2024, aims to address environmental challenges along the coastline. With Rs 1,675 crore funding, including 70% from the World Bank, it focuses on blue carbon sequestration.

    Back2Basics: Mangroves

    • Mangroves constitute a group of trees and shrubs inhabiting the coastal intertidal zone.
    • They are found globally in tropical and subtropical regions, typically between latitudes 25° N and 25° S.
    • Mangroves are predominantly located in tropical regions due to their intolerance to the extreme cold conditions prevalent in temperate zones.

    Features of Mangroves:

    • Adaptation to waterlogged and anoxic soil: Mangroves possess unique characteristics allowing them to survive in waterlogged and oxygen-deficient environments.
    • Halophytes: Mangrove species have the ability to filter out up to 90% of the salt from seawater as it enters their roots, with some species also excreting salt through glands in their leaves.
    • Water retention capacity: Thick succulent leaves store fresh water, while a waxy coating on some species’ leaves minimizes evaporation.
    • Pneumatophores: Certain mangroves develop pencil-like roots that emerge from the ground to absorb oxygen from the air, aiding in coping with tidal flooding.
    • Prop roots: Many mangrove trees possess dense aerial roots descending from their trunks and branches, which stabilize and support them against waves and tides.
    • Lenticellated bark: Oxygen enters mangroves through lenticels, small breathing pores in the bark and roots, enabling them to adapt to low oxygen conditions.
    • Viviparity: Seed pods germinate while still on the tree, facilitating immediate root growth upon dropping.

    Mangroves in India:

    • According to the India State of Forest Report 2021, mangrove cover in India comprises 0.15% of the country’s total geographical area.
    • West Bengal has the highest percentage of area under total mangrove cover among states and union territories, followed by Gujarat and the Andaman and Nicobar Islands.
    • The Sundarbans, characterized by the dominant mangrove species sundari (Heritiera fomes), is the largest continuous mangrove forest globally.
    • Various mangrove areas in India are protected within reserves and sanctuaries such as the Sundarbans Tiger Reserve, Bhitarkanika, Coringa, Nelapattu, Point Calimere Wildlife Sanctuaries, Pirotan National Park, among others.

     

    PYQ:

    [2011] The 2004 Tsunami made people realize that mangroves can serve as a reliable safety hedge against coastal calamities. How do mangroves function as a safety hedge?

    (a) The mangrove swamps separate the human settlements from the sea by a wide zone in which people neither live nor venture out

    (b) The mangroves provide both food and medicines which people are in need of after any natural disaster

    (c) The mangrove trees are tall with dense canopies and serve as an excellent shelter during a cyclone or tsunami

    (d) The mangrove trees do not get uprooted by storms and tides because of their extensive roots.

  • Sundhnuksgigar Volcano erupts in Iceland

    Why in the News?

    Southwest Iceland witnessed the eruption of the Sundhnuksgigar volcano, triggering evacuations in the nearby areas.

    About Sundhnuksgigar Volcano 

    • Sundhnuksgigar is a row of craters just outside the town of Grindavik on the Reykjanes peninsula
    • It is situated on the Mid-Atlantic Ridge, a divergent boundary where the Eurasian and North American tectonic plates are moving apart.

    What is a Volcano?

    • A volcano is a fissure or vent in the Earth’s crust through which gases, molten rock materials (lava), ash, steam, sulphur dioxide etc., are expelled during an eruption.
    • These openings occur where the rock layers in the Earth’s crust are relatively weak.
    • Volcanic activity is categorized as an endogenic process, originating from within the Earth.
    • Depending on the explosivity of the volcano, various extrusive and intrusive landforms can be formed.

    Different types of volcanoes can be classified based on the frequency of eruption and the nature of the eruption:

    1.   Frequency of eruption:

    • Active volcanoes: Frequent eruptions in Pacific Ring of Fire: New Zealand, Southeast Asia, Japan, western Americas. Linked to plate tectonics, like Kilauea and Santa Maria. High seismicity, volcanic activity.
    • Dormant Volcanoes: These are not currently erupting but have the potential to erupt again in the future. An example is Mount Kilimanjaro in Tanzania, the highest mountain in Africa.
    • Extinct or inactive volcanoes: These have not erupted in the distant geological past. Dhinodhar Hill in Gujarat is an example.

    2.   Nature of Eruption:

    • Shield Volcanoes: Largest and least explosive volcanoes, formed from basalt lava. Often low in explosivity, except when water interacts. Hawaiian volcanoes exemplify this..
    • Composite Volcanoes: Volcanoes with cooler, thicker lava, built up through explosive eruptions. Layer ash, pyroclastic material, and lava flow. Examples: Mayon, Fuji, Rainier.
    • Calderas: The most explosive volcanoes, prone to collapsing inward during eruptions rather than building upwards. The resulting depressions are called calderas.
    • Flood Basalt Provinces: These volcanoes erupt highly fluid lava that travels long distances, covering vast areas with thick basalt flows.

    Reasons for Iceland’s Volcanism

    • Tectonic Activity: Iceland is situated on the Mid-Atlantic Ridge, where the Eurasian and North American plates diverge. This creates volcanic rift zones where magma rises to the surface, leading to eruptions.
    • Hotspots: Additionally, Iceland is positioned over a hotspot, contributing to heightened volcanic activity. Hotspots are areas where magma from the mantle rises towards the surface, fueling eruptions.
    • Subglacial Volcanism: Iceland’s volcanic activity is not limited to the surface; some eruptions occur beneath glaciers, leading to explosive interactions between lava and ice. These subglacial eruptions can produce powerful steam explosions, ash clouds, and catastrophic floods known as jokulhlaup.

    PYQ:

    [2021] Mention the global occurrence of volcanic eruptions in 2021 and their impact on the regional environment.

    [2013] Consider the following:

    1. Electromagnetic radiation
    2. Geothermal energy
    3. Gravitational force
    4. Plate movements
    5. Rotation of the earth
    6. Revolution of the earth

    Which of the above are responsible for bringing dynamic changes on the surface of the earth?

    (a) 1, 2, 3 and 4 only

    (b) 1, 3, 5 and 6 only

    (c) 2, 4, 5 and 6 only

    (d) 1, 2, 3, 4, 5 and 6

  • Galaxy JADES-GS-z14-0: Insights from NASA’s James Webb Space Telescope

    Why in the News? 

    The James Webb Space Telescope (JWST), launched by NASA, has unveiled a groundbreaking find It has captured imagery of the universe’s earliest-known galaxy, revealing unexpected brightness and size given its formation during the universe’s infancy.

    James Webb Space Telescope (JWST)

    • JWST is a joint venture between NASA, the European Space Agency (ESA) and the Canadian Space Agency (CSA) launched in December 2021.
    • It is an orbiting infrared observatory that will complement and extend the discoveries of the Hubble Space Telescope, with longer wavelength coverage and greatly improved sensitivity.
    • Webb was formerly known as the “Next Generation Space Telescope” (NGST) and it was renamed in 2002 after a former NASA administrator, James Webb.
    • It will be a large infrared telescope with an approximately 6.5-meter primary mirror.
    • JWST is positioned at the Earth-Sun L2 Lagrange point, 5 million km away.
    • It consists of a mirror, spanning 6.5 meters in diameter compared to Hubble’s 2.4 meters, as well as its specialized instruments optimized for infrared observations.

    Key Objectives:

    • JWST observes deeper into the universe than Hubble.
    • Observes celestial objects from earlier epochs.
    • Enables the detection of light from the universe’s earliest stars, dating back over 13.5 billion years.

    About JADES-GS-z14-0 Galaxy 

    • Named JADES-GS-z14-0, this galaxy was formed approximately 290 million years after the Big Bang.
    • Spanning about 1,700 light-years across, it consists of a mass equivalent to 500 million stars akin to our Sun.
    • Despite its ancient age, the galaxy is actively generating stars at a rapid pace, producing around 20 new stars annually.

    Scientific Insights:

    • Historical Context: Previously, the earliest-known galaxy was dated to approximately 320 million years post-Big Bang, indicating the significance of this new discovery.
    • Luminosity Theories: While hypotheses suggest various explanations for the galaxy’s luminosity, including supermassive black holes or unusually bright stars, further research is required to validate these theories.

    PYQ:

    [2012] Which of the following is/are cited by the scientists as evidence/evidence for the continued expansion of the universe?

    1. Detection of microwaves in space
    2. Observation of redshift phenomenon in space
    3. Movement of asteroids in space
    4. Occurrence of supernova explosions in space

    Select the correct answer using the codes given below:

    (a) 1 and 2

    (b) 2 only

    (c) 1, 3 and 4

    (d) None of the above can be cited as evidence

  • Andhra’s Koya tribe faces brewing conflict over sacred Mahua flower

    Why in the news?

    The Koya tribe in Andhra Pradesh is facing a cultural crisis due to stricter liquor regulations enforced by the Special Enforcement Bureau (SEB).

    About Koya tribe 

    • Koya are one of the few multi-racial and multi-lingual tribal communities in India.
    • They live in the forests, plains, and valleys on both sides of the Godavari River which lies in Andhra Pradesh. Many also live in the states of Madhya Pradesh and Orissa.
    • They believe their main deity still resides in a cave in the Bastar region.

    Cultural Crisis (Disruption of Traditions):

    • Mahua liquor is brewed from the flowers of the Mahua tree which is integral to Koya cultural and religious ceremonies including naming ceremonies, weddings, and death anniversaries.
    • Police raids and seizures of Mahua liquor disrupt these traditions causing cultural shocks within the community. For example, recently the naming ceremony of Madakam Janakamma’s child was held without Mahua liquor due to SEB raids.

    Tribal Rights (Legal Challenges and Rights):

    • The Andhra Pradesh Prohibition Act, 1995, does not exempt the Koya tribe from brewing and storing Mahua liquor, despite its cultural significance.
    • The Panchayat (Extension to Scheduled Areas) Act (PESA), 1996 empowers the gram sabha to protect tribal traditions and culture but its implementation is questionable as SEB raids continue unabated.
    • Koya villagers are often coerced into paying bribes to avoid legal charges, highlighting the tension between law enforcement and tribal rights.

    Impact on Collection(Economic Consequences):

    • Many Koya households have ceased Mahua flower collection due to fear of police raids, significantly affecting their primary source of income.
    • Destruction of freshly collected flowers during raids further disincentivizes collection, reducing the supply of Mahua flowers to weekly markets (shandies) where they are exchanged for essential goods.

    Guardians of Culture (Preservation of Heritage):

    • The Koya tribe, especially those not displaced by the Polavaram irrigation project, are seen as custodians of their culture. However, displacement and integration with non-tribal communities threaten their cultural identity.
    • Local leaders and activists argue for the need to empower Koya women with training in producing value-added products from Mahua flowers, rather than undermining their traditional practices and economic activities.

    Legal and Policy Measures

    • Amend the Andhra Pradesh Prohibition Act, 1995: Introduce exemptions or special provisions that recognize and protect the traditional brewing and usage of Mahua liquor for cultural and religious purposes by the Koya tribe.
    • Strengthen Implementation of PESA Act: Ensure that the Panchayat (Extension to Scheduled Areas) Act (PESA), 1996, is fully implemented. Empower Gram Sabhas to have a greater say in protecting tribal traditions, including the brewing of Mahua liquor.

    Conclusion: The enforcement actions by the SEB, while aimed at regulating liquor, pose a significant threat to the Koya tribe’s cultural heritage and economic well-being. Balancing legal regulations with respect for tribal traditions and rights is crucial to preserving the Koya way of life.

    Mains PYQ:

    Q What are the two major legal initiatives by state since Independence, addressing discrimination against Scheduled Tribes (ST) ? (UPSC IAS/2017)

  • 38% Indians consume fried snacks and processed foods, only 28% consume healthy food

    Why in the news?

    A global report highlights a significant rise in unhealthy food consumption in India, surpassing intake of vegetables, fruits, and other nutritious foods.

    • Global Food Policy Report 2024: Food Systems for Healthy Diets and Nutrition was released by “the International Food Policy Research Institute (IFPRI)”.

    About CGIAR:

    • CGIAR (formerly the Consultative Group on International Agricultural Research) is a global partnership uniting organizations engaged in research for a food-secure future.
    • Focus: Its mission focuses on reducing poverty, enhancing food and nutrition security, and improving natural resources and ecosystem services.CGIAR conducts research and partners with other organizations to transform global food systems and ensure equitable access to sustainable, healthy diets.

    Emerging Trends in India:

     

    • Increase in consumption of unhealthy food: There is a significant increase in the consumption of unhealthy foods such as salty or fried snacks compared to nutritious options like vegetables and fruits. About 38% of the population consumes unhealthy foods, while only 28% consume all five recommended food groups.

    The consumption of processed foods and ready-made convenience foods is rising. From 2011 to 2021, malnutrition in India increased from 15.4% to 16.6%.The prevalence of overweight adults rose from 12.9% in 2006 to 16.4% in 2016.

    Processed food consumption is on the rise in India 

    South Asian Highlights

    • Processed Food Consumption: Increasing intake of processed foods like chocolates, salty snacks, beverages, and ready-made meals in India and other South Asian countries.
    • Malnutrition Rates: High levels of undernutrition and micronutrient deficiencies coexist with rising rates of overweight, obesity, and diet-related noncommunicable diseases (NCDs).
    • Food Budget Trends: Packaged food spending in India’s household food budgets nearly doubled from 6.5% to 12% between 2015 and 2019.

    Issue of Double Malnutrition:

    • Double malnutrition refers to the coexistence of undernutrition and micronutrient deficiencies with overweight and obesity, or diet-related noncommunicable diseases (NCDs).
    • High levels of undernutrition (stunting and wasting) and micronutrient deficiencies persist even as overweight and obesity rates increase.
    • More than two billion people, especially in Africa and South Asia, cannot afford a healthy diet.

    Dietary Guidelines by ICMR:

    • The Indian Council of Medical Research (ICMR) released 17 dietary guidelines to promote healthy eating.
    • Guidelines emphasize reading food labels to make informed choices and minimizing the consumption of high-fat, sugar, salt, and ultra-processed foods.
    • The guidelines highlight the importance of diverse diets over cereal-centric agriculture and food policies.
    • ICMR advises against the misleading information often presented on packaged foods.

    Way forward:

    • Strengthen Nutritional Policies: Develop and enforce policies that promote the consumption of nutritious foods. Implement taxes on unhealthy foods and subsidies for fruits, vegetables, and other micronutrient-rich foods.
    • Regulate Processed Foods: Implement strict regulations on the marketing of unhealthy foods, especially targeting children.

    Mains PYQ:

    Q How far do you agree with the view that the focus on the lack of availability of food as the main cause of hunger takes the attention away from ineffective human development policies in India? (15) (UPSC IAS/2018)

  • Is climate change behind more frequent and severe turbulence faced by aircraft?

    Why in the news?

    On May 21, severe turbulence over Myanmar caused one death and 70 injuries on a Singapore Airlines flight. Qatar Airways had 12 minor injuries on May 26.

    What is Turbulence?

    • Turbulence, unpredictable air motion caused by eddies and vertical currents, ranges from minor bumps to severe disruptions, often associated with fronts and thunderstorms.

    Flight Turbulence

    Types of Flight Turbulence

    Note: Attitude is the angular difference measured between an aeroplane’s axis and the line of the Earth’s horizon.

    • Light Turbulence: Slight erratic changes in the aircraft’s orientation.
    • Moderate Turbulence: Notable changes in altitude and attitude, but the aircraft remains under control.
    • Severe Turbulence: Significant and sudden changes of altitude and attitude, momentarily losing control.
    • Extreme Turbulence: The aircraft is violently tossed about and is almost impossible to control.

    Causes of Flight Turbulence

    • Mechanical Turbulence: Caused by friction between the air and the ground, especially over irregular terrain and man-made obstacles. Includes ‘mountain waves’ over mountain ranges.
    • Convective/Thermal Turbulence: Resulting from hot air rising rapidly and cooler air descending, creating convective air currents. Often occurs during the approach.
    • Frontal Turbulence: Created by the lifting of warm air by a sloping frontal surface and friction between opposing air masses, commonly near thunderstorms.
    • Wind Shear: Caused by changes in wind direction and/or speed over specific distances, found in temperature inversion areas, troughs, lows, and around jet streams.
    • Clear Air Turbulence (CAT): Occurs at high altitudes outside of clouds, often near jet streams, and is difficult to predict or see.

    Impact of Climate Change on Flight Turbulence

    • Increased Incidence: Studies indicate a rise in severe turbulence, particularly CAT, with the growth in air traffic and climate change.
    • Jet Stream Intensification: Climate change strengthens jet streams, increasing the frequency and severity of turbulence.
    • Mountain Wave and Near-Cloud Turbulence: Predictions suggest these types of turbulence will also intensify with climate change, leading to more frequent and severe occurrences globally.

    Way forward:

    • Safety Measures: Continuous improvement in aircraft design, weather forecasting, and pilot training helps mitigate the risks associated with turbulence.
    • Passenger Advice: Passengers are advised to keep their seat belts fastened as much as possible to avoid injuries during unexpected turbulence.
    • Regulatory Recommendations: Aviation authorities recommend better communication, real-time information sharing, and enhanced training to prevent turbulence-related incidents.

    Mains PYQ:

    Q Most of the unusual climatic happenings are explained as an outcome of the El-Nino effect. Do you agree? (UPSC IAS/2014)

  • Monsoon Croaks Bioblitz: Protecting Kerala’s Frog Species

    Why in the News?

    The Centre for Citizen Science and Biodiversity Informatics, Kerala Forest Research Institute (KFRI), has organised the event “Monsoon Croaks Bioblitz 2024”.

    About Monsoon Croaks Bioblitz, 2024:

    •  This program aims to document Kerala’s frog species during the monsoon season.
    • Objective: Cultivate scientific curiosity among the public and raise awareness about frog conservation through social media platforms, such as posters and articles.
      • Bioblitz Definition: It’s an intensive survey conducted over time to identify and document as many species as possible within a designated area, a popular participatory survey method globally.

    Project Details:

    • Participation: People of all ages can contribute by uploading frog photographs and sounds via the iNaturalist app.
    • Data Utilization: Scientific observations collected during the bioblits will contribute to the Global Biodiversity Information Facility (GBIF), facilitating biodiversity awareness, habitat conservation, and climate change research.

    Need for such an event

    • Monsoon heralds a festive season for frogs, marking their peak activity and breeding period.
    • However, the survival of frogs, crucial indicators of ecosystem health, faces threats from climate change, habitat loss, and water pollution.
    • As a result, 41% of the world’s frog species are on the IUCN Red List of endangered species, including those in Kerala.

    Results of 2023:

    • In 2023, KFRI conducted the Monsoon Croaks project, witnessing enthusiastic participation from citizens across Kerala.
    • Highlights: Around 200 citizen scientists uploaded 1,223 observations, identifying approximately 80 amphibian species, including those listed on the IUCN Red List.
    • Notable Species:  The top most observed species is the Wayanad Bush Frog (Pseudophilautus wynaadensis).
      • Following closely is the Asian Common Toad (Duttaphrynus melanostictus).
      • Other important amphibian species recorded in the bioblitz include:
      • Critically Endangered Resplendent Shrub frog (Raorchestes resplendens).
      • Endangered Malabar Torrent Toad (Blaira ornata).
      • Small Tree Frog (Rhacophorus lateralis).
      • Vulnerable Anaimalai Flying Frog (Rhacophorus pseudomalabaricus).
      • Near Threatened Purple Frog (Nasikabatrachus sahyadrensis).

    Back2Basics: Global Biodiversity Information Facility (GBIF)

    Details
    Purpose To provide free and open access to biodiversity data for research, conservation, and sustainable development
    Establishment Established in 2001
    Headquarters Copenhagen, Denmark
    Members Over 40 countries and economies, including government agencies, museums, research institutions, and NGOs
    Mission Facilitate the digitisation and mobilization of biodiversity data, making it accessible and usable for scientific research and policy-making
    Core Functions
    • Promote and facilitate collaboration and data sharing among members
    • Develop standards and tools for data mobilisation, quality, and interoperability
    • Provide technical infrastructure for publishing, indexing, and accessing biodiversity data
    Data Availability GBIF provides access to over 2 billion occurrence records of species worldwide, contributed by thousands of data publishers
    Legal Framework GBIF operates under an intergovernmental treaty, the GBIF Agreement, and is governed by its members through an annual Governing Board
    Funding Funding for GBIF comes from member countries and economies, as well as international organizations and private sector partners
    Contributions to Science and Policy
    • Contributes to global assessments such as the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES)
    • Supports the Convention on Biological Diversity (CBD) and other international initiatives related to biodiversity conservation

     

    PYQ:

    [2015] With reference to an organization known as ‘Birdlife International’ which of the following statements is/are correct?

    1. It is a Global Partnership of Conservation Organizations.
    2. The concept of ‘biodiversity hotspots’ originated from this organization.
    3. It identifies the sites known/referred to as ‘Important Bird and Biodiversity Areas’.

    Select the correct answer using the code given below.

    (a) 1 only

    (b) 2 and 3 only

    (c) 1 and 3 only

    (d) 1, 2 and 3

  • 299th Birth Anniversary of Ahilyabai Holkar (1725 –1795)

    Why in the News?

    The 299th birth anniversary of legendary ruler Ahilyabai Holkar was celebrated on 30th May.

    About Ahilyabai Holkar

    Details
    Birth May 31, 1725; Chaundi village, Ahmednagar district, Maharashtra, India
    Family Daughter of Mankoji Shinde, a respected Dhangar family member
    Education Despite societal norms, her father taught her to read and write
    Marriage Married Khande Rao Holkar, son of Malhar Rao Holkar, in 1733
    Rise to Prominence Impressed by her piety and character, Khande Rao married Ahilyabai on the Peshwa’s advice
    Leadership Took control of Malwa after her husband’s death in 1754
    Reign Ruled Malwa from 1767 to 1795
    Capital Maheshwar became the capital of Malwa under her rule
    Administrative Prowess Known for her administrative acumen
    Military Strategies Personally led armies into battle and defended Malwa against intruders
    Cultural Contributions Established Maheshwar as the seat of the Holkar Dynasty
    Temple Restorations Led the reconstruction of Kashi Vishwanath Temple and built Somnath Temple
    Economic Development Promoted the production of Maheshwari Sarees and fostered trade and commerce
    Social Inclusion Advocated for marginalised communities and mainstreamed their inclusion
    Legacy Revered as “The Philosopher Queen” by historians like John Keay

     

  • Surge in Indian Companies’ External Commercial Borrowings (ECBs)

    Why in the News?

    Indian companies “external commercial borrowings” nearly doubled in FY24, reaching $49.2 billion, according to RBI data.

    Key Statistics:

    • Disbursements: ECB disbursements stood at $38.4 billion in FY24, a significant increase from $23.8 billion in FY23, underscoring the growing reliance on overseas markets for funding.
    • Domestic Pressure: High interest rates in the domestic system have led to increased pressure, prompting companies to explore ECBs as a viable funding alternative.

    External Commercial Borrowing (ECBs) in India:

    Details
    Definition Loans provided by non-resident lenders in foreign currency to Indian borrowers.
    Usage Widely used by Indian corporations and PSUs to access foreign funds.
    Instruments Covered Commercial bank loans, buyers’ credit, suppliers’ credit, securitised instruments (floating rate notes, fixed-rate bonds), credit from official export credit agencies, and commercial borrowings from multilateral financial institutions.
    Regulation Monitored and regulated by the Department of Economic Affairs (DEA) under the Ministry of Finance, Government of India, along with the Reserve Bank of India.
    Contribution Contributed between 20 and 35% of total capital flows into India in 2012.
    Recent Changes RBI raised ECB limit for infrastructure finance companies from 50% to 75% of owned funds.
    Guideline Changes RBI allowed all eligible borrowers to raise ECB up to USD 750 million per financial year under the automatic route (2019).
    Utilisation of Funds 25% of ECB can be used to repay rupee debt; 75% should be allocated for new projects.
    Regulatory Framework Governed by the Foreign Exchange Management Act, 1999.
    Routes for Raising ECBs Automatic Route and Approval Route.

    1. Automatic Route: Cases examined by AD (Authorized Dealer) Category-I Banks.
    2. Approval Route: Borrowers submit requests to RBI through their AD banks for examination.
    Maturity Period ECBs can only be raised for a specific period known as the Minimum Average Maturity Period (MAMP).
    Advantages Offered
    • ECBs offer the opportunity to secure substantial funding.
    • These funds typically come with longer-term repayment options.
    • Interest rates on ECBs are generally lower compared to domestic borrowing rates.
    • ECBs are denominated in foreign currencies, providing corporations with access to foreign currency to fulfil import needs such as machinery procurement.

     

    PYQ:

    [2019] Consider the following statements :

    1. Most of India’s external debt is owed by governmental entities.
    2. All of India’s external debt is denominated in US dollars.

    Which of the statements given above is/are correct?

    (a) 1 only

    (b) 2 only

    (c) Both 1 and 2

    (d) Neither 1 nor 2

  • NIMHANS bags WHO’s Nelson Mandela Award for Health Promotion for 2024

    Why in the News?

    • The National Institute of Mental Health and Neuro Sciences (NIMHANS), Bengaluru, India’s premier mental health institution, has been honoured with the “Nelson Mandela Award” for Health Promotion by the World Health Organization (WHO) for 2024.

    About National Institute of Mental Health and Neuro-Sciences (NIMHANS)

    Details
    Location Bangalore, India
    Affiliation Autonomous institute under the Ministry of Health and Family Welfare, Government of India
    Ranking Ranked 4th best medical institute in India by the “National Institutional Ranking Framework (NIRF)”
    History
    • Founded in 1847 as the Bangalore Lunatic Asylum.
    • Renamed as the Mental Hospital in 1925.
    • Amalgamated with the All India Institute of Mental Health (AIIMH) in 1974 to form NIMHANS.
    • Conferred with deemed university status by the University Grants Commission in 1994.
    • Declared an Institute of National Importance by an act of parliament in 2012.
    Governance
    • Operates with academic autonomy under the “Societies Registration Act”.
    • Prioritises service, manpower development, and research in mental health and neurosciences.
    • A multidisciplinary integrated approach was adopted for translating research results into practice.
    Funding Receives resources for academic and research activities from national and international funding organisations.
    Outreach
    • Engages in mental health outreach initiatives including critiquing mental health reports and collaborating with government agencies for training and counseling.
    • Known for diagnosing and treating various mental health conditions including depression and neurobiological disorders.

     

    Back2Basics: Nelson Mandela Award for Health Promotion

    Aspect Details
    Establishment Year 1995
    Presented by World Health Organization (WHO)
    Purpose Recognizing outstanding contributions and achievements in health promotion worldwide
    Namesake Nelson Mandela, former President of South Africa
    Criteria for Recognition
    • Innovative approaches
    • Sustainable Impact
    • Dedication to health equity and social justice
    Recipients Individuals, organisations, institutions, or communities
    Selection Process
    • Based on significant strides in health promotion
    • Consideration of efforts in disease prevention and well-being improvement, especially among disadvantaged populations
    Presentation
    • Occurs during special ceremonies or events
    • Often coincides with key health promotion initiatives or milestones
    Significance
    • Symbolises recognition and encouragement for ongoing efforts in health promotion
    • Highlights the importance of collective action and collaboration in addressing health challenges and achieving public health and sustainable development goals

     

    PYQ:

    [2021] We can never obtain peace in the outer world until and unless we obtain peace within ourselves.