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Type: PIB

  • Mission Samudrayan: India’s First and Unique Manned Ocean

    Union Minister of Earth Sciences has launched India’s First Manned Ocean Mission Samudrayan at Chennai.

    Mission Samudrayan

    • The Samudrayan project has been undertaken by the National Institute of Ocean Technology (NIOT).
    • It will be a part of the Rs 6,000 crore Deep Ocean Mission.
    • It is designed to carry 3 persons in 2.1meter diameter Titanium Alloy Personnel Sphere with an operational endurance of 12hrs and systems to support emergency endurance up to 96hrs.
    • It could work at a depth between 1000 and 5500 meters.

    Objectives

    • Samudrayan shall facilitate carrying out deep ocean exploration of the non-living resources such as polymetallic manganese nodules, gas hydrates, hydro-thermal sulphides and cobalt crusts.
    • The mission would carry out subsea activities such as high-resolution bathymetry, biodiversity assessment, geo-scientific observation, search activities, salvage operation and engineering support.

    Focus areas of the Project

    • Ocean climate change advisory services
    • Underwater vehicles
    • Underwater robotics-related technologies
    • Deep-sea mining: Exploitation of polymetallic nodules

    Components of the mission

    Some of the critical subsystems of the manned submersibles are:

    • Development of Titanium Alloy Personnel Sphere, Human support and safety system in enclosed space, low density buoyancy modules, Ballast and Trim System
    • Pressure compensated batteries and propulsion system, control and communication systems and Launching and Recovery System.

    Progress till date

    • The preliminary design of the manned submersible MATSYA 6000 is completed.
    • Sea trials of 500 metre rated shallow water version of the manned submersible are expected to take place in the last quarter of 2022 and the MATSYA 6000.
    • The deep-water manned submersible will be ready for trials by the second quarter of 2024.

    Why need such mission?

    • This manned submersible mission provides a feel of direct physical presence for researchers and has better intervention capability.
    • With the advancing subsea technologies, the recent Fendouzhe manned submersible developed by China in 2020 has touched ~11000m water depths.
    • With Samudrayan, India joins the elite club of nations such as USA, Russia, Japan, France and China to have such underwater vehicles for carrying out subsea activities.

    Back2Basics: India and International Seabed Authority (ISA)

    • The ISA, an autonomous international organization established under the 1982 United Nations Convention on the Law of the Sea, allots the ‘area’ for deep-sea mining.
    • India was the first country to receive the status of a ‘Pioneer Investor’ in 1987 and was given an area of about 1.5 lakh sqkm in the Central Indian Ocean Basin (CIOB) for nodule exploration.
    • In 2002, India signed a contract with the ISA, and after a complete resource analysis of the seabed, India surrendered 50%, and the country retained an area of 75,000 sqkm.
    • Further studies have helped narrow the mining area to 18,000 sqkm, the ‘First Generation Mine-site’.

     

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  • Krishi UDAN 2.0 Scheme

    The Union Minister of Civil Aviation has launched Krishi UDAN 2.0.

    Krishi UDAN 2.0

    • The scheme proposes to facilitating and incentivizing movement of Agri-produce by air transportation.
    • It lays out the vision of improving value realization through better integration and optimization of Agri-harvesting and air transportation.
    • It works by contributing to Agri-value chain sustainability and resilience under different and dynamic conditions.
    • It will be implemented at 53 airports across the country mainly focusing on Northeast and tribal regions and is likely to benefit farmer, freight forwarders and Airlines.

    Key highlights of the scheme

    • Facilitating and incentivizing movement of Agri-produce by air transportation: Full waiver of Landing, Parking, TNLC and RNFC charges for Indian freighters and P2C at selected Airports. Primarily, focusing on NER, Hilly, and tribal regions.
    • Strengthening cargo-related infrastructure at airports and off airports: Facilitating the development of a hub and spoke model and a freight grid.
    • Concessions sought from other bodies: Seek support and encourage States to reduce Sales Tax to 1% on aviation fuels for freighters / P2C aircraft as extended in UDAN flights.
    • Resources-Pooling through establishing Convergence mechanism: Collaboration with other government departments and regulatory bodies.
    • Technological convergence: Development of E-KUSHAL (Krishi UDAN for Sustainable Holistic Agri-Logistics).

    What is E-KAUSHAL?

    • It is a platform to be developed to facilitate information dissemination to all the stakeholders.
    • This will be a single platform that will provide relevant information at the same time will also assist in coordination, monitoring and evaluation of the scheme.
    • Furthermore, integration of E-KUSHAL with the National Agriculture Market (e-NAM) is proposed.

    Airports under the scheme

    Proposed timeline Locations
    2021 – 2022 Agartala, Srinagar, Dibrugarh, Dimapur, Hubballi, Imphal, Jorhat, Lilabari, Lucknow, Silchar, Tezpur, Tirupati, Tuticorin
    2022 – 2023 Ahmedabad, Bhavnagar, Jharsuguda, Kozhikode, Mysuru, Puducherry, Rajkot, Vijayawada
    2023 – 2024 Agra, Darbhanga, Gaya, Gwalior, Pakyong, Pantnagar, Shillong, Shimla, Udaipur, Vadodara
    2024 – 2025 Holangi, Salem

    7 focus routes & products

    Routes Products
    Amritsar – Dubai Babycorn
    Darbhanga – Rest of India Lichis
    Sikkim – Rest of India Organic produce
    Chennai, Vizag, Kolkata – Far East Seafood
    Agartala – Delhi & Dubai Pineapple
    Dibrugarh – Delhi & Dubai Mandarin & Oranges
    Guwahati  – Hong Kong Pulses, fruits & vegetables

     

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  • [pib] CERT-In authorized as CVE Numbering Authority (CNA)

    CERT-In has partnered with the Common Vulnerabilities and Exposures (CVE) Program and has been authorized as a CVE Numbering Authority (CNA) for vulnerabilities impacting all products designed, developed and manufactured in India.

    What is CVE Program?

    • CVE is an international, community-based effort and relies on the community to discover vulnerabilities.
    • The vulnerabilities are discovered then assigned and published to the CVE List.
    • Information technology and cybersecurity professionals use CVE Records to ensure they are discussing the same issue, and to coordinate their efforts to prioritize and address the vulnerabilities.
    • Partners publish CVE Records to communicate consistent descriptions of vulnerabilities.

    Mission of the Program

    • The mission of the CVE Program is to identify, define, and catalog publicly disclosed cybersecurity vulnerabilities.
    • The vulnerabilities are discovered then assigned and published by organizations from around the world that have partnered with the CVE Program.

    Who are the CNAs?

    • CNAs are organizations responsible for the regular assignment of CVE IDs to vulnerabilities, and for creating and publishing information about the Vulnerability in the associated CVE Record.
    • The CVE List is built by CVE Numbering Authorities (CNAs).
    • Every CVE Record added to the list is assigned by a CNA.
    • The CVE Records published in the catalog enable program stakeholders to rapidly discover and correlate vulnerability information used to protect systems against attacks.
    • Each CNA has a specific Scope of responsibility for vulnerability identification and publishing.

    Back2Basics: Indian Computer Emergency Response Team (CERT-IN)

    • CERT-IN is an office within the Ministry of Electronics and Information Technology.
    • It is the nodal agency to deal with cyber security threats like hacking and phishing. It strengthens the security-related defense of the Indian Internet domain.
    • It was formed in 2004 by the Government of India under the Information Technology Act, 2000 Section (70B) under the Ministry of Communications and Information Technology.

     

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  • [pib] GoI Floating Rate Bonds

    The Government of India has announced the Sale (Re-issue) of Floating Rate Bonds, 2028’.

    What are Bonds?

    • Bonds are investment securities where an investor lends money to a company or a government for a set period of time, in exchange for regular interest payments.
    • Generally, bonds come with a fixed coupon or interest rate. For example, you can buy a bond of Rs 10,000 with a coupon rate of 5%.
    • Once the bond reaches maturity, the bond issuer returns the investor’s money.
    • Fixed income is a term often used to describe bonds, since your investment earns fixed payments over the life of the bond.

    Why are bonds launched?

    • Companies sell bonds to finance ongoing operations, new projects or acquisitions.
    • Governments sell bonds for funding purposes, and also to supplement revenue from taxes.

    What are Floating Rate Bonds?

    • A floating rate bond is a debt instrument that does not have a fixed coupon rate, but its interest rate fluctuates based on the benchmark the bond is drawn.
    • Benchmarks are market instruments that influence the overall economy.
    • For example, repo rate or reverse repo rate can be set as benchmarks for a floating rate bond.

    How do floating rate bonds work?

    • Floating rate bonds make up a significant part of the Indian bond market and are majorly issued by the government.
    • For example, the RBI issued a floating rate bond in 2020 with interest payable every six months. After six months, the interest rate is re-fixed by the RBI.

     

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  • [pib] Amended Technology Up-gradation Fund Scheme

    Union Minister of Textiles has reviewed the Amended Technology Up-gradation Fund Scheme (ATUFS) to ease of doing business, bolstering exports & fuelling employment.

    What is ATUFS?

    • The Ministry of Textiles had introduced Technology Upgradation Fund Scheme (TUFS) in 1999.
    • It is a credit linked subsidy scheme intended for modernization and technology up-gradation of the Indian textile industry.
    • It aims at promoting ease of doing business, generating employment and promoting exports. Since then, the scheme has been implemented in different versions.
    • The ongoing ATUFS has been approved in 2016 and implemented through web based iTUFS platform.
    • Capital Investment Subsidy is provided to benchmarked machinery installed by the industry after physical verification.

     

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  • [pib] Ramappa – Kakatiya Rudreshwara Temple

    The Union Minister for Culture, Tourism has unveiled the UNESCO World Heritage Listing plaque at Ramappa – Kakatiya Rudreshwara Temple in Palampet.

    Rudreswara Temple

    • The Rudreswara temple was constructed in 1213 AD during the reign of the Kakatiya Empire by Recharla Rudra, a general of Kakatiya king Ganapati Deva.
    • It is also known as the Ramappa temple, after the sculptor who executed the work in the temple for 40 years.
    • The main temple is flanked by the collapsed structures of the Kateshwarayya and Kameshwarayya temples in Palampet, about 220 km from Hyderabad.
    • An inscription dates the temple to 1135 Samvat-Saka on the eighth day of Magha (January 12, 1214).
    • It is India’s 39th UNESCO World Heritage Site. (Total 40 in number after Dholavira).

    Its architecture

    • The temple complexes of Kakatiyas have a distinct style, technology, and decoration exhibiting the influence of the Kakatiyan sculptor.
    • The temple stands on a 6 feet high star-shaped platform with walls, pillars, and ceilings adorned with intricate carvings that attest to the unique skill of the Kakatiyan sculptors.
    • The foundation is built with the “sandbox technique”, the flooring is granite, and the pillars are basalt.
    • The lower part of the temple is red sandstone while the white gopuram is built with light bricks that reportedly float on water.
    • European merchants and travelers were mesmerized by the beauty of the temple and one such traveler had remarked that the temple was the “brightest star in the galaxy of medieval temples of the Deccan”.

    Surviving through ages

    • According to the temple priest, some of the iconography on the temple was damaged during the invasion of Malik Kafur in 1310.
    • Treasure hunters vandalized the rest.
    • But the biggest test for the temple was an earthquake in the 17th century (one of the biggest was that of 7.7-8.2-magnitude on June 16, 1819).

    Answer this PYQ in the comment box:

    Q.Which one of the following was a very important seaport in the Kakatiya kingdom? (CSP 2017)

    (a) Kakinada

    (b) Motupalli

    (c) Machilipatnam (Masulipatnam)

    (d) Nelluru

     

    [wpdiscuz-feedback id=”j1r8z6yr20″ question=”Please leave a feedback on this” opened=”1″]Post your answers here.[/wpdiscuz-feedback]

    Back2Basics: UNESCO World Heritage Sites

    • A World Heritage Site is a landmark or area, selected by the UN Educational, Scientific and Cultural Organization (UNESCO) for having cultural, historical, scientific, or other forms of significance, which is legally protected by international treaties.
    • The sites are judged to be important for the collective and preservative interests of humanity.
    • To be selected, a WHS must be an already-classified landmark, unique in some respect as a geographically and historically identifiable place having special cultural or physical significance (such as an ancient ruin or historical structure, building, city, complex, desert, forest, island, lake, monument, mountain, or wilderness area).
    • It may signify a remarkable accomplishment of humanity, and serve as evidence of our intellectual history on the planet.
    • The sites are intended for practical conservation for posterity, which otherwise would be subject to risk from human or animal trespassing, unmonitored/uncontrolled/unrestricted access, or threat from local administrative negligence.
    • The list is maintained by the international World Heritage Program administered by the UNESCO World Heritage Committee, composed of 21 “states parties” that are elected by their General Assembly.

    UNESCO World Heritage Committee

    • The World Heritage Committee selects the sites to be listed as UNESCO World Heritage Sites, including the World Heritage List and the List of World Heritage in Danger.
    • It monitors the state of conservation of the World Heritage properties, defines the use of the World Heritage Fund, and allocates financial assistance upon requests from States Parties.
    • It is composed of 21 states parties that are elected by the General Assembly of States Parties for a four-year term.
    • India is NOT a member of this Committee.

     

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  • [pib] Geospatial Energy Map of India

    The NITI Aayog has launched the Geospatial Energy Map of India.

    What is the GIS Energy Map?

    • NITI Aayog in collaboration with the Indian Space Research Organisation (ISRO) has developed a comprehensive Geographic Information System (GIS) Energy Map of India.
    • The GIS map provides a holistic picture of all energy resources of the country.
    • It enables visualization of energy installations such as conventional power plants, oil and gas wells, petroleum refineries, coal fields and coal blocks.
    • It also provides district-wise data on renewable energy power plants and renewable energy resource potential, etc through 27 thematic layers.

    Significance of the map

    • The map attempts to identify and locate all primary and secondary sources of energy and their transportation/transmission networks.
    • It is a unique effort aimed at integrating energy data scattered across multiple organizations and presenting it in a consolidated, visually appealing graphical manner.
    • It leverages the latest advancements in web-GIS technology and open-source software to make it interactive and user-friendly.

    Benefits offered

    • The map would provide a comprehensive view of energy production and distribution in a country.
    • It will be useful in planning and making investment decisions.
    • It will also aid in disaster management using available energy assets.
    • This may also help in resource and environmental conservation measures, inter-state coordination on infrastructure planning including different corridors of energy and road transport highways.

     

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  • [pib] Maharatna status accorded to Power Finance Corporation Ltd (PFC)

    The Centre has accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), thus giving PFC greater operational and financial autonomy.

    About PFC Ltd.

    • Power Finance Corporation Ltd. (PFC) is an Indian financial institution under the ownership of Ministry of Power.
    • Established in 1986, it is the financial backbone of Indian Power Sector.
    • PFC is the 8th highest profit making Central Public Sector Enterprise (CPSE) as per the Department of Public Enterprises Survey for FY 2017–18.
    • It is India’s largest NBFC and also India’s largest infrastructure finance company.

    Benefits of Maharatna Status

    • This new status will enable PFC to offer competitive financing for the power sector, which will go a long way in making available affordable & reliable ‘Power For All 24×7’.
    • This will also impart enhanced powers to the PFC Board while taking financial decisions.
    • It can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad.
    • It can also structure and implement schemes relating to personnel and Human Resource Management and Training.
    • It can also enter into technology Joint Ventures or other strategic alliances among others.

    Back2Basics: Central Public Sector Enterprises

    • The CPSEs are run by the Government under the Department of Public Enterprises of Ministry of Heavy Industries and Public Enterprises.
    • The government grants the status of Navratna, Miniratna and Maharatna to them based upon the profit made by these CPSEs.
    • The Maharatna category has been the most recent one since 2009, other two have been in function since 1997.

     

    Maharatna Navratna Miniratna Category-I Miniratna Category-II
    Eligibility Three years with an average annual net profit of over ₹2,500 crore

    OR

    Average annual Net worth of ₹10,000 crore for 3 years

    OR

    Average annual Turnover of ₹20,000 crore for 3 years

     

    		 A score of 60 (out of 100), based on six parameters which include net profit, net worth, total manpower cost, total cost of production, cost of services, PBDIT (Profit Before Depreciation, Interest and Taxes), capital employed, etc.,

    AND

    A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna

    		 Have made profits continuously for the last three years or earned a net profit of ₹30 crore or more in one of the three years Have made profits continuously for the last three years and should have a positive net worth.
    Benefits for investment ₹1,000 crore – ₹5,000 crore, or free to decide on investments up to 15% of their net worth in a project  

    Up to ₹1,000 crore or 15% of their net worth on a single project or 30% of their net worth in the whole year

    		 Up to ₹500 crore or equal to their net worth, whichever is lower Up to ₹300 crore or up to 50% of their net worth, whichever is lower

     

     

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  • Kallakurichi Wood Carvings and Karuppur Kalamkari Paintings get GI tag

    In Tamil Nadu, the Karuppur kalamkari paintings and the Kallakurichi wood carvings recently received the geographical indication (GI) tags.

    [A] Kallakurichi Wood Carvings

    • The Kallakurichi wood carvings are a unique form of wood carving practiced in Tamil Nadu.
    • It involves the application of ornamentation and designs, derived from traditional styles by the craftsmen.
    • They are mainly practiced in Kallakurichi, Chinnaselam and Thirukkovilur taluks of Kallakurichi district.

    [B] Karuppur Kalamkari Paintings

    • Kalamkari paintings are done on pure cotton cloth, predominantly used in temples for umbrella covers, cylindrical hangings, chariot covers and asmanagiri (false ceiling cloth pieces).
    • Documentary evidence shows that kalamkari paintings evolved under the patronage of Nayaka rulers in the early 17th century.

    Back2Basics: Geographical Indication

    • A GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
    • Nodal Agency: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry
    • India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 w.e.f. September 2003.
    • GIs have been defined under Article 22 (1) of the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement.
    • GI is granted for a term of 10 years in India. As of today, more than 300 GI tags has been allocated so far in India (*Wikipedia).
    • The tag stands valid for 10 years.

     

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  • [pib] Automated fuelling technology- UFill

    The Bharat Petroleum Corporation Limited (BPCL) has launched an automated fuelling technology -UFill- to ensure that its customers have a better experience at outlets.

    What is UFill?

    • UFill functionality, which has been described as swift, secure and smart, has been launched in 65 cities and will soon be launched across the country.
    • It does not need any app download, and is payment app agnostic.
    • Customer can use any payment app already downloaded on his/her phone.
    • It offers real time QR and voucher code through SMS and is accepted at all BPCL Fuel Stations where the functionality is enabled.

    Key features

    • UFill aims to improve customer’s turn-around time (TAT) at fuel outlet and increase transactional transparency, thereby providing enhanced retail like experience.
    • The technology provides the customer with control of fuelling as well as touch less pre-payment solution.
    • There is no need to check zero before fuelling or final reading, the dispensing unit will automatically dispense the exact quantity of fuel.

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