Search results for: “”

Here are  Back2Basics collections from today’s news items

B2B #1: From news-Cabinet relaxes NELP, pre-NELP pact rules

New Exploration Licensing Policy (NELP)

1. New Exploration Licensing Policy (NELP) was conceptualized by the Government of India, during 1997-98 to provide an equal platform to both Public and Private sector companies in exploration and production of hydrocarbons.
2. It provided for establishment of Directorate General of Hydrocarbons (DGH) as a nodal agency for its implementation.
3. It was introduced to boost the production of oil and natural gas and providing level playing field for both public and private players.
4. India has an estimated sedimentary area of 3.14 million km2. consisting of 26 sedimentary basins, of which, 57% (1.79 million km2.) area is in deepwater and remaining 43% (1.35 million km2.) area is in inland and shallow offshore.
5. At present 1.06 million km2 area is held under Petroleum Exploration Licenses in 18 basins by national oil companies viz. Oil and Natural Gas Corporation Limited (ONGC), OIL India Limited (OIL) and Private/Joint Venture companies.
6. Before implementation of the New Exploration Licensing Policy (NELP) in 1999, a mere 11% of Indian sedimentary basins were under exploration, which has now increased extensively over the years.

Hydrocarbon Exploration and Licensing Policy (HELP)

1. It is a policy adopted by Government of India on 10.03.2016 indicating the new contractual and fiscal model for award of hydrocarbon acreages towards exploration and production (E&P).
2. HELP is applicable for all future contracts to be awarded.
3. HELP replaces the present policy regime for exploration and production of oil and gas, known as New Exploration Licensing Policy (NELP), which has been in existence for 18 years.
4. Features of HELP:

• Uniform License: It provides for a uniform licensing system to cover all hydrocarbons such as oil, gas, coal bed methane etc. under a single licensing framework, instead of the present system of issuing separate licenses for each kind of hydrocarbons.
• Open Acreages: It gives the option to a hydrocarbon company to select the exploration blocks throughout the year without waiting for the formal bid round from the Government.
• Revenue Sharing Model: Present fiscal system of production sharing contract (PSC) is replaced by an easy to administer “revenue sharing model”. The earlier contracts were based on the concept of profit sharing where profits are shared between Government and the contractor after recovery of cost.
• Marketing and Pricing Freedom: It has been granted, subject to a ceiling price limit, for new gas production from Deepwater, Ultra Deepwater and High Pressure-High Temperature Areas.

Here’s a Factoid to brush up your concepts

Name : CASSINI MISSION

Details : Cassini mission to Saturn is ending its journey. It will dive towards the Saturn and burn up in its atmosphere in October.

Here are  Back2Basics collections from today’s news items

B2B #1: From news- Centre increases CVs’ load carrying capacity

FASTags

1. FASTag devices employ Radio Frequency Identification (RFID) technology to make toll payments from the prepaid account directly linked with it.
2. The windscreens of the vehicles are fitted with it.
3. It enables the four-wheelers to drive through the toll plazas without having to wait for cash transactions at the toll.
4. A separate lane will be dedicated for such FASTag users.

B2B #2: From news- [pib] Central Adoption Resource Authority (CARA)

Hague Adoption Convention

1. The Hague Convention on Protection of Children and Co-operation in Respect of Intercountry Adoption is an international convention dealing with international adoption, child laundering, and child trafficking.
2. The Convention was developed by the Hague Conference on Private International Law, the preeminent organization in the area of private international law. It was concluded on 29 May 1993 and entered into force on 1 May 1995.
3. It is an effort to protect those involved from the corruption, abuses, and exploitation which sometimes accompanies international adoption.
4. The Convention has been considered crucial because it provides a formal international and intergovernmental recognition of intercountry adoption to ensure that adoptions under the Convention will generally be recognized and given effect in other party countries.
5. 96 countries including India has signed and ratified this convention. Whereas Nepal, South Korea and Russia are yet to ratify it.

B2B #3: From news- Counter-drone strategy for airports ready

BCAS (Bureau of Civil Aviation Security)

1. The Bureau of Civil Aviation Security is an attached office of the Ministry of Civil Aviation of India
2. BCAS is the regulatory authority for civil aviation security in India. It is headed by an officer of the rank of Director General  of Police  and is designated  as Commissioner of   Security (Civil Aviation)
3. Commissioner of security (CA) is the appropriate authority for implementation of Annexure 17 to Chicago convention of International civil aviation organization (ICAO)
4. Commissioner of security (CA) is responsible for the development, implementation and maintenance of the National Civil Aviation Security Programme
5. The main responsibility of BCAS are laying down standards and measures in  respect of security of  civil flights  at International  and  domestic  airports in India

Here’s a Factoid to brush up your concepts

Name : INSV Tarini

Defence Forces : Navy

Module Type : Warships

Brief Intro : 1.The Indian Navy’s second ocean going sailboat Tarini was recently inducted. INSV Tarini is a sloop built by M/s Aquarius Shipyard Pvt Ltd at Divar, Goa. 2.The sail boat Tarini is being inducted into the Navy and is slated to be the platform for First Indian All Women Circumnavigation of the Globe expedition of the Indian Navy.

Note4students : Sailboat

Here are  Back2Basics collections from today’s news items

B2B #1: From news- BrahMos tested in extreme weather conditions

BrahMos

1. BrahMos is a joint collaboration between India and Russia and is capable of being launched from land, sea, sub-sea and air against the surface and sea-based targets
2. It has a strike range of around 290 km and is described as the world’s fastest supersonic cruise missile.
3. The range of the supersonic missile was initially capped at 290 km as per the obligations of the Missile Technology Control Regime
4. Since India’s entry into the club, the range has been extended to 450 km and the plan is to hit 600km.
5. The Army and the Navy have already inducted the missile, while the air-launched variant is undergoing trials.

Here’s a Factoid to brush up your concepts

Name : BirdLife International

Recently in News because : Publishes a quarterly magazine – World Birdwatch.

Objective : BirdLife International is the official Red List authority for birds for the International Union for Conservation of Nature It is the world’s largest partnership of conservation organisations, with over 120 partner organisations. Key Biodiversity Areas (KBA) are sites that contribute to the global persistence of biodiversity, including vital habitat for threatened plant and animal species in terrestrial, freshwater and marine ecosystems. Important Bird and Biodiversity Areas (IBAs) are KBAs identified for birds using internationally agreed criteria applied locally by BirdLife Partners and experts

Year Founded : 1922

Category : Environment

Here’s a Factoid to brush up your concepts

Name of the scheme : Shala Asmita Yojana (SAY)

Objectives : To track the educational journey of school students from Class I to Class XII across the 15 lakhs private and government schools in the country. -ASMITA will be an online database which will carry information of student attendance and enrolment, learning outcomes, mid-day meal service and infrasstructural facilities among others. Students will be tracked through their Aadhaar numbers and incase those not having unique number will be provided.

Nodal Ministry : Ministry of Human Resource Development

Name of the scheme : Saransh

Objectives : Tool which allows the schools to identify areas of improvement in students, teachers and curriculum to facilitate and implement change.