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  • 1000-YO Mahavir Statue Found in Tamil Nadu

    mahavir

    Introduction

    • A 1,000-year-old stone statue of Thirthangara Mahavir has been found in Tamil Nadu at at Manavarayanendal near Thiruchuli in Virudhunagar district.

    Features of the Statue

    • There is a triple umbrella above the head of the statue, which has creepers carved on it.
    • It is flanked by sculptures of yakshas.
    • Based on the sculpture technique, it is assumed that the statue might belong to the 11th century AD.

    About Vardhaman Mahavir

    Description
    Birth 540 B.C.
    Birthplace Kundagrama village near Vaishali
    Family Background Belonged to the Jnatrika clan; father Siddharta was the head of the Jnathrika Kshatriya clan, and mother Trishala was a sister of Chetaka, the king of Vaishali.
    Renunciation Renounced home at the age of 30 to become an ascetic.
    Spiritual Practice Practiced austerity for 12 years.
    Attainment of Kaivalya Attained the highest spiritual knowledge called Kaivalya (conquered misery and happiness) at the age of 42.
    First Sermon Delivered his first sermon at Pava.
    Symbol Associated with the symbol of a lion.
    Missions Traveled to various regions including Koshala, Magadha, Mithila, Champa, etc.
    Passing Away Passed away at the age of 72 in 468 B.C. at Pavapuri in Bihar.
    Legacy Founded Jainism as it is known today; contributed significant teachings and principles to the religion.

    Everything you need to know about Jainism

    Description
    Origin Jainism gained prominence in the 6th century B.C. when Lord Mahavira propagated the religion.
    Founder Lord Mahavira, the 24th Tirthankara, is the central figure
    Tirthankaras
    • Jainism recognizes 24 Tirthankaras or great teachers
    • Rishabhanatha being the first and Mahavira the last.
    Meaning of “Jain” “Jain” is derived from “jina” or “jaina,” signifying the “Conqueror” or one who has conquered the inner enemies like attachment, aversion, and delusion.
    Main Principles Jainism emphasizes the Three Jewels or Triratna:

    1. Right Faith (Samyakdarshana),
    2. Right Knowledge (Samyakjnana), and
    3. Right Conduct (Samyakcharita).
    Five Doctrines Ahimsa (non-violence), Satya (truthfulness), Asteya (non-stealing), Aparigraha (non-attachment), and Brahmacharya (chastity) are the fundamental principles of Jainism.
    Concept of God
    • Jainism does not adhere to the concept of a creator God
    • Believes in the existence of liberated souls (Siddhas) who have attained spiritual perfection.
    Major Doctrines
    1. Anekantavada: Jain doctrine of non-absolutism, recognizing that truth can have multiple perspectives or facets.
    2. Syadvada: Jain doctrine stating that all judgments are conditional and true only from certain perspectives, expressed by the term “syat” (may be).
    Sects/Schools Jainism is divided into two major sects:

    1. Digambara (sky-clad) and
    2. Svetambara (white-clad)
    Spread
    • Jainism spread gradually into regions where Brahmanical influence was weak,
    • Received royal patronage from rulers like Chandragupta Maurya
    Literature Jain literature comprises:

    1. Agama (canonical) texts, which include the direct teachings of Mahavira, and
    2. Non-agama (commentaries and elaborations) works, such as the Acaranga Sutra.
    Architecture
    • Temples, caves (layana/gumphas), statues, and ornamental pillars (manastambha), exhibiting intricate designs and religious motifs.
    • Notable Jain architecture in India includes the Dilwara Temples in Mount Abu, Rajasthan, and the Girnar and Palitana Temples in Gujarat.
    • These structures exemplify intricate craftsmanship and religious symbolism.
    Jain Councils Two significant Jain councils were held for compiling and preserving Jain scriptures and teachings:

    1. First Jain Council at Pataliputra (3rd century B.C.) and
    2. Second Jain Council at Vallabhi (512 A.D.)
    Difference from Buddhism
    • Acknowledgment of a permanent self (atman),
    • Acceptance of the varna system,
    • Belief in the concept of a soul (jiva), and
    • Advocacy of extreme asceticism ex. Santhara/Sallekhana
    Thoughts on Rebirth
    Acaranga Sutra: Jainism teaches the doctrine of rebirth (samsara) and various realms of existence (lokas) based on karma, with souls cyclically transmigrating through different life forms.
  • INSAT-3DS launch: The Naughty Boy of ISRO

    Introduction

    • The Indian Space Research Organisation (ISRO) is set to launch its meteorological satellite INSAT-3DS aboard the spacecraft GSLV F14.

    INSAT-3DS: Mission Objectives

    • Continuity of Services: The mission seeks to continue and enhance the services provided by existing operational satellites like INSAT-3D and INSAT-3DR.
    • Meteorological Observations: INSAT-3DS will facilitate advanced meteorological observations, land and ocean surface monitoring, and weather forecasting.
    • Disaster Warning: It will play a critical role in disaster warning systems, aiding in timely alerts and response efforts.
    • Satellite-aided Research and Rescue Services (SAR): Additionally, the satellite will support SAR operations, contributing to enhanced search and rescue capabilities.

    Significance

    • This marks the 16th space mission for the Geosynchronous Satellite Launch Vehicle (GSLV), emphasizing India’s progress in space technology.
    • INSAT-3DS aims to be deployed into the Geosynchronous Transfer Orbit (GTO), funded entirely by the Ministry of Earth Sciences, signifying a significant step in India’s space advancements.
    • After around 18 minutes of launch, the satellite will be injected in a 36,647 km x 170 km elliptical orbit.

    Why called as Naughty Boy?

    • Failure: GSLV F14 has faced challenges in the past, earning the moniker “naughty boy” within the Indian space programme due to its history of encountering problems.
    • Probability: With a failure rate of 40%, GSLV F14 has experienced issues in six out of its fifteen missions to date.
  • Collapse of the Gulf Stream System

    gulf stream

    Central Idea

    • Recent research warns that the Gulf Stream System, known as the Atlantic Meridional Overturning Circulation (AMOC), faces a critical threat of collapse due to unabated global carbon emissions.
    • If left unchecked, this collapse could occur between 2025 and 2095, with a central estimate of 2050.

    What is Gulf Stream System?

    Description
    Origin Begins in the Gulf of Mexico, merging warm waters from the Caribbean Sea and Gulf of Mexico.
    Flow Flows northward along the eastern coast of the United States.
    Current Carries warm waters from the tropics towards higher latitudes.
    Speed and Volume Swift ocean currents with speeds of 2 to 5 miles per hour, transporting 30 million cubic meters per second.
    Function Redistributes heat towards the North Atlantic region, influencing climate and weather patterns.
    Climate Impact Moderates the climate of Western Europe, keeping it relatively warmer than other regions at similar latitudes.
    Interaction with Atmosphere Releases heat and moisture, influencing weather and precipitation.
    Importance for Marine Life Supports diverse marine life, serving as a migratory route for fish and marine mammals.

    Gulf Stream’s Vulnerability

    • Gulf Stream, currently at its feeblest point in 1,600 years, is grappling with the consequences of global heating.
    • Alarming signals of a tipping point were already observed back in 2021.
    • Past collapses during ice ages have triggered rapid temperature shifts of up to 10 degrees Celsius in just a few decades, underlining the immense climatic impact it holds.

    Implications of Collapse

    The potential collapse of Gulf Stream could lead to dire consequences worldwide, including:

    • Disrupted Rainfall Patterns: Billions of people in regions like India, South America, and West Africa, reliant on these patterns for food production, would face food insecurity.
    • Intensified Storms and Colder Temperatures: Europe would experience increased storm activity and colder temperatures.
    • Rising Sea Levels: The eastern coast of North America would be at risk of rising sea levels, posing threats to coastal communities.
    • Endangered Ecosystems: The Amazon rainforest and Antarctic ice sheets could face severe endangerment.
  • Discussions to lower CRR on Green Deposits

    Introduction

    • State Bank of India (SBI) is in talks with the Reserve Bank of India (RBI) to reduce the cash reserve ratio (CRR) requirement on green deposits.

    What are Green Deposits?

    • Definition: Green deposits are fixed-term investments tailored for individuals and entities seeking to support environmentally friendly initiatives.
    • ESG Investing: These deposits align with the principles of Environmental, Social, and Governance (ESG) investing, reflecting a growing trend towards sustainable finance.
    • Utilization: Funds from green deposits are directed towards projects promoting renewable energy, clean transportation, pollution control, green infrastructure, and sustainable water management.

    RBI Framework for Green Deposits

    • Preventing Greenwashing: The RBI’s framework ensures transparency in environmental claims associated with green deposits.
    • Deposit Options: Banks offer green deposits denominated in rupees, with choices between cumulative or non-cumulative options.
    • Applicability: Scheduled commercial banks, small finance banks, non-banking financial companies (NBFCs), and housing finance companies (HFCs) must comply with this framework.
    • Eligibility: Both corporate entities and individual customers can invest in green deposits, contributing to environmentally sustainable initiatives.
    • Allocation: Funds mobilized through green deposits are directed towards sectors such as renewable energy, waste management, and afforestation.
    • Restrictions: Lenders are prohibited from channelling green deposit funds into sectors like fossil fuels, nuclear power, or tobacco.
    • Verification: Independent Third-Party Verification is conducted annually to assess the allocation and impact of funds raised through green deposits.
    • Oversight: Lenders are required to review the impact of funds lent for green finance activities on an annual basis.
    • Penalties: There are no penalties for underutilization of funds raised through green deposits, providing flexibility to financial institutions.

    Distinguishing Green Deposits from Normal Deposits

    • Project Allocation: Green deposits allocate funds to specific environmentally friendly projects, unlike regular deposits.
    • Interest Rates: Interest rates on green deposits are determined by lenders and are currently comparable to those offered on conventional deposits.

    Back2Basics: Cash Reserve Ratio (CRR)

    • Banks are mandated to maintain a certain portion of their deposits and specific liabilities in liquid cash with the RBI.
    • CRR serves as a crucial tool in the RBI’s arsenal for managing liquidity in the economy and acts as a safety net during times of banking stress.
    • Currently, banks are required to uphold 4.5% of their Net Demand and Time Liabilities as CRR with the RBI.
    • Incremental-CRR was introduced on August 10, 2023, as a temporary measure by RBI to absorb surplus liquidity.
    • Banks were required to maintain an I-CRR of 10% on the increase in their Net Demand and Time Liabilities (NDTL) between May 19, 2023, and July 28, 2023.
    • It came into effect from the fortnight starting August 12, 2023.
    • ICRR is employed during periods characterized by excess liquidity in the financial system.
  • Explained: EU’s Digital Services Act (DSA)  

    dsa

    Introduction

    • The Digital Services Act (DSA) was passed by the European Parliament in July 2022, aiming to enhance online safety and transparency for users within the European Union (EU).
    • While initially applying to major platforms like Facebook and TikTok, the DSA now extends its regulations to all platforms except the smallest ones.

    Understanding the Digital Services Act (DSA)

    • Purpose: The DSA seeks to create a safer and more transparent online environment by regulating platforms offering goods, services, or content to EU citizens.
    • Key Provisions:
      1. Removal of Illegal Content: Platforms are required to prevent and remove illegal or harmful content such as hate speech, terrorism, and child abuse.
      2. User Reporting: Platforms must provide users with mechanisms to report illegal content.
      3. Ad Targeting Restrictions: Criteria like sexual orientation or political beliefs cannot be used for targeted advertising, with additional protections for children against excessive or inappropriate ads.
      4. Algorithm Transparency: Platforms must disclose how their algorithms function and influence content display.
    • Stricter Regulations for Large Platforms: Platforms reaching more than 10% of the EU population are subject to additional requirements, including data sharing, crisis response cooperation, and external audits.

    Implications for Non-EU Regions

    • Global Standard: While implemented by the EU, the DSA aims to set a global benchmark for online intermediary liability and content regulation, potentially influencing policies in other regions.
    • Consistency in Policies: Platforms may adopt DSA-compliant changes universally to streamline operations, leading to broader effects beyond the EU.
    • Example of Impact: The DSA’s influence extends beyond the EU, as seen in the standardization of features like USB Type-C ports on devices like the upcoming iPhone 15 series.

    Motivation behind DSA Implementation

    • Addressing Evolving Platform Dynamics: The DSA replaces outdated regulations to address the changing landscape of online platforms, emphasizing the need for improved consumer protection.
    • Tackling Risks and Abuses: Major platforms have become quasi-public spaces, posing risks to users’ rights and public participation, prompting the need for stricter regulations.
    • Fostering Innovation and Competitiveness: By creating a better regulatory environment, the DSA aims to promote innovation, growth, and competitiveness while supporting smaller platforms and start-ups.

    Affected Online Platforms and Compliance Measures

    • Large Platforms: Identified platforms like Facebook, Google, Amazon, and others must comply with DSA regulations.
    • Compliance Initiatives:
      • Google: Enhancing transparency reporting and expanding data access to researchers.
      • Meta: Expanding its Ad Library and providing users with control over personalization.
      • Snap: Offering opt-out options for personalized feeds and limiting personalized ads for younger users.

    Enforcement and Penalties

    • Non-compliant platforms face penalties of up to 6% of their global revenue.
    • The Digital Services Coordinator and the Commission have authority to demand immediate actions from non-compliant platforms.
    • Repeat offenders could face temporary bans from operating in the EU.

    Conclusion

    • The implementation of the Digital Services Act marks a significant step toward enhancing online safety and transparency within the EU.
    • While initially targeting major platforms, its implications extend globally, setting standards for intermediary liability and content regulation.
  • Global Pulse Confederation (GPC) held in New Delhi

    Introduction

    • The Global Pulse Confederation (GPC) has initiated the three-day convention — Pulses 24 — in New Delhi, India.

    About Global Pulse Confederation (GPC)

    Description
    Formation Founded in 2016 through the merger of the Global Pulse Confederation (GPC) and the International Starch Institute (ISI).
    Headquarters Dubai, United Arab Emirates.
    Mission Represents the global pulse industry, aiming to promote the sustainable growth of the pulse industry worldwide.
    Focus Areas
    • Advocating for policies supporting the pulse industry’s interests.
    • Providing resources and support to pulse industry stakeholders.
    • Facilitating research and innovation in pulse production and utilization.
    Membership Open to businesses, organizations, and individuals involved in the pulse industry, including growers, processors, traders, and researchers.
    India’s Connect India, being a major producer and consumer of pulses, actively participates in the GPC and holds membership status, contributing to the organization’s objectives.

    Key Highlights from Pulses 24 Convention

    • Production Growth: Pulses production in India has increased by 60% over the past decade, reaching 270 lakh tonnes in 2024 from 171 lakh tonnes in 2014.
    • Partnership Goals: Mr. Goyal emphasized the partnership between NAFED and GPC, aiming to position pulses as a vital dietary component not only in India but also globally.
    • Minimum Support Price (MSP): The Centre ensures an MSP offering 50% over the actual cost of production to farmers, resulting in attractive returns on investment. Significant increases in MSP for various pulses were highlighted, reaching as high as 117% in masoor and 90% in moong over the past decade.
    • Self-Sufficiency by 2027: India’s progress towards self-reliance in chickpeas and other pulses, with efforts focused on achieving self-sufficiency in all pulses by 2027. Initiatives include the supply of new seed varieties and the expansion of tur and black gram cultivation.
    • Global Knowledge Sharing: GPC president emphasized India’s potential to benefit from the conference by exchanging best practices and technological advancements in pulse cultivation from other countries.
    • Focus on Smallholding Farmers: Pulses are noted for their soil benefits and nutritional value, particularly beneficial for smallholding farmers.
  • [pib] Sangam: Digital Twin Initiative

    sangam

    Introduction

    • Department of Telecommunications (DoT) has introduced the ‘Sangam: Digital Twin’ initiative, inviting Expressions of Interest (EoI) from industry pioneers, startups, MSMEs, academia, innovators, and forward-thinkers.

    What is Digital Twin Technology?

    • A digital twin is a digital representation of a physical object, person, or process, contextualized in a digital version of its environment.
    • Digital twins can help an organization simulate real situations and their outcomes, ultimately allowing it to make better decisions.

    About Sangam: Digital Twin Initiative

    • Context: The initiative aligns with the technological advancements of the past decade in communication, computation, and sensing, in line with the vision for 2047.
    • Proof of Concept (PoC) in Two Stages: The initiative will be distributed in two stages, conducted in one of India’s major cities.
      1. First Stage: An exploratory phase focusing on clarifying horizons and creative exploration to unleash potential.
      2. Second Stage: A practical demonstration of specific use cases, generating a future blueprint for collaboration and scaling successful strategies in future infrastructure projects.
    • Objectives:
      1. Demonstrate practical implementation of innovative infrastructure planning solutions.
      2. Develop a model framework for facilitating faster and more effective collaboration.
      3. Provide a future blueprint for scaling and replicating successful strategies in future infrastructure projects.

    Features

    • Sangam: Digital Twin represents a collaborative leap towards reshaping infrastructure planning and design.
    • It integrates 5G, IoT, AI, AR/VR, AI native 6G, Digital Twin, and next-gen computational technologies, fostering collaboration among public entities, infrastructure planners, tech giants, startups, and academia.
    • Sangam brings all stakeholders together, aiming to translate innovative ideas into tangible solutions, bridging the gap between conceptualization and realization, and paving the way for groundbreaking infrastructure advancements.
  • In news: Nohar Irrigation Project

    nohar

    Introduction

    • The Nohar irrigation project, supplying water to the agricultural fields in Hanumangarh district of Rajasthan, is getting a boost with the repairing of Ferozepur feeder in neighbouring Punjab.

    About Nohar Irrigation Project

    Description
    Location Located in the Nohar region of the Hanumangarh district in the state of Rajasthan, India.
    Purpose To improve irrigation facilities in the region, thereby increasing agricultural productivity and supporting the livelihoods of local farmers.
    Irrigation Methods Canal irrigation and the construction of check dams, reservoirs, and water storage facilities.
    Water Source Indira Gandhi Canal
    Rivers Situated near the Ghaggar-Hakra River

    A seasonal river originating in the Shivalik Hills


    Back2Basics: Indira Gandhi Canal

    Description
    Origin Harike Barrage, Punjab
    History Conceived by hydraulic engineer Kanwar Sain in the late 1940s, construction began in 1960
    Length 612 km

    Longest canal in India

    Rivers Utilizes water from the Sutlej, Beas, and Ravi rivers
    Location Punjab, Haryana, and Rajasthan
    Purpose Irrigation and water supply
    Renaming Renamed from Rajasthan Canal to Indira Gandhi Canal in 1984 after the assassination of Prime Minister Indira Gandhi
  • New Marine Species: Parhyale Odian from Chilika Lake

    Introduction

    • Researchers at Berhampur University in Odisha have made a remarkable discovery, unveiling a new species of marine amphipod from Chilika Lake, Asia’s largest brackish water lagoon on India’s east coast.

    About Parhyale Odian

    • Parhyale odian is a newly discovered species of marine amphipod.
    • It belongs to the genus Parhyale and was found in Chilika Lake, Odisha, India.
    • The species was named after the native language of Odisha, Odia.
    • Its discovery raises the global species count within the genus Parhyale to 16.
    • It is approximately eight millimeters in length and brown in color.
    • Parhyale odian possesses 13 pairs of legs.
    • Its distinguishing feature is a stout robust seta on the surface of the propodus of the male gnathopod.

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