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  • Aditya-L1: India’s first mission to Sun to be launched soon

    aditya

    The Indian Space Research Organisation (ISRO) is planning to launch the Aditya-L1 mission by June or July this year.

    What is Aditya-L1 Mission?

    • ISRO categorizes Aditya L1 as a 400 kg-class satellite that will be launched using the Polar Satellite Launch Vehicle (PSLV) in XL configuration.
    • It will observe the Sun from a close distance, and try to obtain information about its atmosphere and magnetic field.
    • The space-based observatory will have seven payloads (instruments) on board to study the Sun’s corona, solar emissions, solar winds and flares, and Coronal Mass Ejections (CMEs), and will carry out round-the-clock imaging of the Sun.

    L1: Behind the name

    • L1 refers to Lagrangian/Lagrange Point 1, one of five points in the orbital plane of the Earth-Sun system.
    • Lagrange Points, named after Italian-French mathematician Josephy-Louis Lagrange, are positions in space where the gravitational forces of a two-body system (like the Sun and the Earth) produce enhanced regions of attraction and repulsion.
    • The L1 point is about 1.5 million km from Earth, or about one-hundredth of the way to the Sun.

    Major payloads

    • In total Aditya-L1 has seven payloads, of which the primary payload is the Visible Emission Line Coronagraph (VELC), designed and fabricated by the Indian Institute of Astrophysics, Bengaluru.
    • The satellite carries additional six payloads-
    1. SUIT, the solar ultraviolet imaging telescope
    2. ASPEX (Aditya Solar Wind Particle Experiment),
    3. PAPA (Plasma Analyser Package for Aditya),
    4. SoLEXS (Solar Low Energy X-ray Spectrometer),
    5. HEL1OS (High Energy L1 Orbiting X-ray spectrometer) and
    6. Magnetometer — with enhanced science scope and objectives possible by extensive remote and in-situ observation of the sun.

    Why is studying the Sun important?

    (1) To understand space weather

    • To learn about and track Earth-directed storms, and to predict their impact, continuous solar observations are needed.
    • Every storm that emerges from the Sun and heads towards Earth passes through L1, and a satellite placed in the halo orbit around L1 of the Sun-Earth system has the major advantage of continuously viewing the Sun without any occultation/eclipses.

    (2) Observing corona

    • The VELC payload will be able to observe the corona continuously and the data provided by it is expected to answer many outstanding problems in the field of solar astronomy.
    • No other solar coronagraph in space has the ability to image the solar corona as close to the solar disk as VELC can.
    • It can image it as close as 1.05 times the solar radius.
    • It can also do imaging, spectroscopy, and polarimetry at the same time, and can take observations at a very high resolution (level of detail) and many times a second.

    Why are solar missions challenging?

    • Distance: What makes a solar mission challenging is the distance of the Sun from Earth (about 149 million km on average, compared to the only 3.84 lakh km to the Moon).
    • Heat: More importantly the super-hot temperatures and radiations in the solar atmosphere make it difficult to study.

    Major missions to Sun till now

    • NASA’s Parker Solar Probe has already gone far closer — but it will be looking away from the Sun.
    • The earlier Helios 2 solar probe, a joint venture between NASA and space agency of erstwhile West Germany, went within 43 million km of the Sun’s surface in 1976.

     

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  • New T+1 Settlement Cycle comes into effect

    settlement

    After China, India will become the second country in the world to start the ‘trade-plus-one’ (T+1) settlement cycle in top-listed securities today.

    What’s the T+1 settlement plan?

    • The T+1 settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction.
    • For example, under T+1, if a customer bought shares on Wednesday, they would be credited to the customer’s demat account on Thursday.
    • This is different from T+2, where they will be settled on Friday.
    • As many as 256 large-cap and top mid-cap stocks, including Nifty and Sensex stocks, will come under the T+1 settlement from Friday.

    What was the earlier settlement system?

    • Until 2001, stock markets had a weekly settlement system.
    • The markets then moved to a rolling settlement system of T+3, and then to T+2 in 2003.
    • In 2020, Sebi deferred the plan to halve the trade settlement cycle to one day (T+1) following opposition from foreign investors.

    What are the benefits of T+1?

    • T+1 system brings operational efficiency, faster fund remittances, share delivery, and ease for stock market participants.
    • In the T+1 format, if an investor sells a share, she will get the money within a day, and the buyer will get the shares in her demat account also within a day.
    • The shorter trade settlement cycle augurs well for the Indian equity markets from a liquidity perspective.
    • This will also help investors in reducing the overall capital requirements with the margins getting released on T+1 day, and in getting the funds in the bank account within 24 hours of the sale of shares.
    • The shift will boost operational efficiency as the rolling of funds and stocks will be faster.

    Issues with T+1 system

    • T+1 is being implemented despite opposition from foreign investors.
    • The United States, United Kingdom and Eurozone markets are yet to move to the T+1 system.

    Why are foreign investors opposed?

    • Foreign investors have some operational issues as they operate from different geographies.
    • Among the issues raised by them were time zone differences, information flow processes, and foreign exchange problems.
    • Foreign investors said they would also find it difficult to hedge their net India exposure in dollar terms at the end of the day under the T+1 system.

     

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  • Ideal Train Profile: Railways’ AI-based project to shorten ticket waitlists

    The Indian Railways has concluded the trial of an Artificial Intelligence (AI) program it built to fix a perennial issue — long waiting lists for tickets.

    Ideal Train Profile

    • Ideal Train Profile was made by Railways’ in-house software arm Centre for Railway Information Systems (CRIS).
    • It was fed with information like how millions of passengers booked tickets on these trains, which origin-destination pairs were a hit and which were flops at what time of the year, which seats remained vacant for what portion of a journey, etc.
    • This project has been in the works for the past two years, wherein the AI has been “taught” ticket booking data and trends of the past few years.
    • It has come up with the best possible combination of how many berths to keep for which sectors and at what time.
    • The combination of “training data” the AI has been fed goes back three years.

    Significance of the project

    • The AI-driven program has, for the first time, allocated vacant berths in over 200 trains in such a way that fewer people need to turn away without a confirmed ticket.
    • The waiting lists on these trains, as a result, have seen a curtailment.

    Need for AI in ticket booking

    • Currently, the passenger is handed out a wait-listed ticket and asked to wait until four hours prior to departure, when the final seat chart is prepared, to see if she made the list.
    • This is because a large number of berths are earmarked for various quotas and various origin-destination combinations of the train’s routes.
    • If there are 60 halts in a long-distance train, then there are 1,800 possible ticket combinations of origin and destination.
    • If there are 10 halts, there are typically about 45 ticket combinations and so on.
    • The Ideal Train Profile’s AI tells the Passenger Reservation System how best to give out confirmed tickets and for which sectors.

    Way forward

    • The AI does data-driven remote location selection, completely automates the process of quota distribution, and suggests optimal quota for different ticket combinations based on historical demand.
    • The project has got the Railway Board excited about the possibility of how it can manage busy season rush, when the demands of confirmed tickets are at a peak.
    • So the coming summer vacation season will be the first big test for the new system.

     

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  • In news: Etikoppaka Toy Craft

    etikoppaka

    The Union conferred Padma Shri to Mr. Raju in the art category as an honour to the Etikoppaka wooden toy craft.

    Etikoppaka Toys

    • Etikoppaka is a small village on the banks of Varaha River at a distance of 64 Kms away from the Visakhapatnam district of Andhra Pradesh.
    • The name Etikoppaka is synonymous with beautiful wooden artifacts and lacquer colours.
    • The toys are made with lacquer color and are traditionally known as Etikoppaka toys or Etikoppaka Bommalu.
    • The village is very famous for its toys made of wood. The toys are also called as lacquer toys because of application of lacquer coating.
    • Etikoppaka Toys have obtained their GI tag under the Handicrafts category in the state of Andhra Pradesh.

    How are they made?

    • The toys are made out of wood and are coloured with natural dyes derived from seeds, lacquer, bark, roots and leaves.
    • The wood used to make the toys is soft in nature and the art of toy making is also known as Turned wood Lacquer craft.
    • While making the Etikoppaka toys, lac, a colourless resinous secretion of numerous insects, is used.
    • The already prepared vegetable dyes are further mixed to the lac, during the process of oxidation.
    • After this process, the end product obtained is rich and colored lacquer.
    • The lac dye is used for decorating the Etikoppaka toys, which are exported all over the world.

     

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  • SCO and the India- Pakistan relation

    SCO

    Context

    • A meeting of the Shanghai Co-operation Organisation (SCO) that India will host in May is expected to bring together foreign ministers of the regional grouping, which includes China, Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. Bilateral ties with Pakistan and China are at a new low. But multilateral settings are often viewed as opportunities for countries with problematic relations to find a way forward.

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    The crux

    • India has invited Pakistan’s foreign minister to a meeting of the Shanghai Co-operation Organization (SCO) that India is hosting in May this year.

    SCO

    All you need to know about SCO

    • Background: After the collapse of the Soviet Union in 1991, the then security and economic architecture in the Eurasian region dissolved and new structures had to come up.
    • Original shanghai five: The original Shanghai Five were China, Kazakhstan, Kyrgyzstan, Russia and Tajikistan.
    • SCO formation: The SCO was formed in 2001, with Uzbekistan included. It expanded in 2017 to include India and Pakistan.
    • Security is the priority: Since its formation, the SCO has focused on regional non-traditional security, with counter-terrorism as a priority.
    • Three evils: The fight against the “three evils” of terrorism, separatism and extremism has become its mantra.
    • Expanded areas of cooperation: Today, areas of cooperation include themes such as economics and culture.

    Do you know SCO RATS?

    • Regional Anti-Terrorist Structure (RATS) is a permanent organ of the SCO which serves to promote cooperation of member states against the three evils of terrorism, separatism and extremism.
    • It is headquartered in Tashkent.
    • Its head is elected to three-year term.
    • Each member state of SCO sends permanent representative to RATS.

    SCO

    Where India and Pakistan stand today?

    • Changed terms of engagement: Under Prime Minister Narendra Modi, India has begun to reset the terms of the engagement agenda.
    • India’s improved diplomatic position: India’s transformed relations with the US, the resolution of Delhi’s dispute with the global nuclear order, and getting the West to discard its temptation to mediate on Kashmir enormously improved India’s diplomatic position.
    • Economic growth: The most consequential change has been in the economic domain. India has recently overtaken the UK to become the fifth largest economy in the world.
    • Broken Pakistan: The persistent neglect of economic challenges left Pakistan in an increasingly weaker position in relation to India. If India has inched its way into the top five global economies, Pakistan today is broken.

    India’s position on engagement with Pakistan

    • India’s approach in dealing with Pakistan today: The Ministry of External Affairs’ official spokesperson Arindam Bagchi recently said “We we have always wanted normal neighbourly relations with Pakistan. But there should be a conducive atmosphere in which there is no terror, hostility or violence. That remains our position.”
    • What Pakistan says: Deputy Foreign Minister Hina Rabbani Khar said in Davos that she does not see a partner currently in the Prime Minister of India to take this project of peace-building forward.

    Conclusion

    • When the multilateral meeting is to be hosted by a country that is on one side of the rift, the first step is for the other side to accept the invitation. An election is upcoming in Pakistan, and having committed themselves to a position, both Bhutto and Khar would be mindful that their actions must match their words. But despite this, if there is an opportunity for a thaw, India must not be the one to miss it. India need handle the hostile neighbor with the right approach.
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  • 20 Blunders that can cost you UPSC Prelims,& how to avoid them | LIVE 1-1 session with IPS Shubham sir | Register for Recorded Video & Get FREE Notes for Prelims 2023 post webinar

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  • India could lead the G20 agenda in a unique way

    G20

    Context

    • The G20, or Group of 20, has emerged as the primary venue for international economic and financial cooperation. India assumed the presidency of the powerful grouping G20 on 1 December 2022, symbolising the motto and showcasing its philosophies of “Vasudhaiva Kutumbakam”, or “One Earth, One Family, One Future”.

    G20

    What One Earth, One Family, One Future suggests?

    • India committed to making India’s year of chairmanship one that will focus on “healing our ‘One Earth’, creating harmony within our ‘One Family’, and giving hope for our ‘One Future’ and LiFE (Lifestyle for Environment).

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    What is Troika?

    • The troika means previous, current, and incoming presidency which comprise Indonesia, India, and Brazil, respectively.
    • The troika is leading the global agenda at G20 in the current turbulent economic times.
    • Beyond being a forum for policy discussions, the G20 plays the role of reconciling the irreconcilable.
    • The number of talks and years the group has been together has resulted in a mixed bag of success.

    How India should set up a global agenda: Proposed principles

    • Democratising the process of setting the agenda: While setting up the global agenda, it is critical to bring together all the partner nations to understand their priorities. It will ensure diversity, equity, inclusivity, sustainability, transparency, and long-term commitment. This can also help ensure that the domestic policies are aligned and support global priorities.
    • Strike a balance between the needs of developing and developed countries: Since India has a greater responsibility to shoulder, it should not work and seem biased. Similarly, developed nations should instead exercise greater caution with their rich resource pools. To create a win-win scenario rather than a zero-sum game, we must think in terms of multilateralism.
    • Critical to focus on determined priorities: It is critical to prevent the G20 from suffering as other multilateral forums such as the World Trade Organization (WTO) do from an over-expansion of its mandate. While being ambitious in their approach, it is crucial to set defined, limited long-term priorities.
    • Set concrete, measurable, and tangible goals: Measurable outcomes with short, medium, and long-term objectives are crucial. Financial considerations must be made in addition to ensuring inclusivity, sustainability, and accountability.
    • Prevent reinventing the wheels: To encourage faster mutual growth, it is necessary to prevent duplication of efforts. It is important to prevent duplication of existing international institutions, fragmentation of financial resources, and the weakening of the coordinating role of the existing multilateral organisations. The ‘cooperative and collaborative frameworks are key to successful outcomes.
    • Prejudice-free dialogues are required to promote solidarity: Prejudices on international platforms can pose a threat to global security. Dialogue as an antidote is a force for conflict prevention, management, and resolution.
    • Mutual safeguarding is necessary: Mutual safeguarding from disguised elements of neo-colonialism and hegemony is essential for cutting through the socio-cultural and geopolitical barriers between the Global South and the Global North.
    • The principle of Antyodaya (rise of the last person:): The global lens must capture every aspect of a community through inclusive dialogues, from the most marginalised to the most privileged. It is crucial to set the vertical and horizontal plans on a global and national level with the ‘last person standing in line’ in mind.

    G20

    India’s current global Image

    • India for global governance: While India’s successes are being assessed and unprecedented hopes are being expressed about our future, the country’s trust in the global governance architecture is evident through several examples from the recent past, like the roll-out of COVID-19 vaccines in India as well as remarkable vaccine diplomacy initiative ‘Vaccine Maitri’.
    • Fastest growing economy: With one of the world’s largest and fastest-growing economies, the country has earned its stripes during tough external and internal times.
    • India among the tops in global climate change performance index: Similarly, India has been ranked among the top five countries under the global Climate Change Performance Index. Moreover, it has taken the lead in spearheading the transition towards cleaner energy sources.
    • Social capitalism nature of economy: With its social capitalism, India has earned a geopolitical sweet spot in the world.

    G20

    Conclusion

    • India can lead the G20 agenda in a unique way the global community has never witnessed. Keeping the essential principles in mind when developing agendas, action-oriented plans, and decisions through collaborative efforts have the potential to yield revolutionary and positive results. The vision of shaping a new paradigm of human-centric globalisation is promising, provided the Global North and South communities provide equal support.

    Mains question

    Q. India assumed the presidency of the powerful grouping G20 with a motto One Earth, One Family, One Future. In this backdrop how India can set up an agenda for future and not only for a period of presidentship.

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