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Type: Prelims Only

  • Coastal Zones Management and Regulations

    Coastal ecosystem norms

    Prelims Only | Enviro & Biodiversity | Mains Paper 3: Conservation, Environmental Pollution & Degradation, Eia

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: CAG Audit, CRZ norms

    Mains level: Read the attached story

    This week, the Comptroller and Auditor General (CAG) of India tabled a report in Parliament on whether steps taken by the Union Environment Ministry to conserve India’s coastal ecosystems have been successful.

    Why in news?

    • The CAG frequently undertakes ‘performance audits’ of government programmes and ministries.

    Centre’s obligations on conserving the coastline

    • The government has issued notifications under the Environment Protection Act, 1986, to regulate activities along India’s coasts particularly regarding construction.
    • The Coastal Regulation Zone Notification (CRZ), 2019 implemented by the Ministry, classifies the coastal area into different zones to manage infrastructure activities and regulate them.

    The three institutions responsible for the implementation of the CRZ are:

    1. National Coastal Zone Management Authority (NCZMA) at the Centre,
    2. State/Union Territory Coastal Zone Management Authorities (SCZMAs/UTCZMAs) in every coastal State and Union Territory
    3. District Level Committees (DLCs) in every district that has a coastal stretch and where the CRZ notification is applicable

    Functions under CRZ rules

    • These bodies examine if CRZ clearances granted by the government are as per procedure, if project developers are once given the go-ahead are complying with conditions and if the project development objectives under the Integrated Coastal Zone Management Programme (ICZMP) are successful.
    • They also evaluate the measures taken up by the government towards achieving the targets under Sustainable Development Goals.

    Why did the CAG undertake this audit?

    • The CAG has a constitutional mandate to investigate and report on publicly funded programmes.
    • The CAG conducted “pre-audit studies” and found that there were large-scale CRZ violations in the coastal stretches.
    • Incidences of illegal construction activities (reducing coastal space) and effluent discharges from local bodies, industries and aquaculture farms had been reported by the media and this prompted it to undertake a detailed investigation.

    What did the recent audit find?

    The audit pointed out various categories of violations.

    • There were instances of the Expert Appraisal Committees —who evaluate the feasibility of an infrastructure project and its environmental consequences — not being present during project deliberations.
    • There were also instances of the members of the EAC being fewer than half of the total strength during the deliberations.
    • The SCZMA had not been reconstituted in Karnataka and there was delayed reconstitution in the States of Goa, Odisha and West Bengal.
    • The DLCs of Tamil Nadu lacked participation from local traditional communities. In Andhra Pradesh, DLCs were not even established.
    • There were instances of projects being approved despite inadequacies in the Environment Impact Assessment (EIA) reports.

    What problems did the CAG find in the States?

    • Lack of strategy: Tamil Nadu didn’t have a strategy in place to conserve the Gulf of Mannar Islands.
    • Lack of monitoring: In Goa, there was no system for monitoring coral reefs and no management plans to conserve turtle nesting sites.
    • No scientific oversight: In Gujarat, instruments procured to study the physiochemical parameters of soil and water of the inertial area of the Gulf of Kutch weren’t used.
    • Monitoring issues: Sea patrolling in Gahirmatha Sanctuary, in Kendrapara, Odisha did not happen.
    • No information in public domain: There was no website to disseminate the information related to the NCZMA, the CAG found, which is a clear violation of the mandated requirements of the Authority.

    What lies ahead?

    • These reports are placed before the Standing Committees of Parliament, which select those findings and recommendations that they judge to be the most critical to public interest and arrange hearings on them.
    • In this case, the Environment Ministry is expected to explain omissions pointed out by the CAG and make amends.

    Back2Basics: Comptroller and Auditor General (CAG) of India

    • The CAG is the Constitutional Authority, established under Article 148 of the Constitution of India.
    • They are empowered to Audit all receipts and expenditure of the GoI and the State Governments, including those of autonomous bodies and corporations substantially financed by the Government.
    • The CAG is also the statutory auditor of Government-owned corporations.
    • It conducts supplementary audit of government companies in which the Government has an equity share of at least 51 per cent or subsidiary companies of existing government companies.
    • The reports of the CAG are laid before the Parliament/Legislatures and are being taken up for discussion by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs).

     

     

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  • Modern Indian History-Events and Personalities

    Who was Kakasaheb Gadgil?

    Prelims Only | | Mains Paper 1: Modern Indian History

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Kakasaheb Gadgil

    Mains level: Not Much

    The Gadgil Wada of Pune was recently lighted into tricolour for the 75th anniversary of Independence.

    Gadgil Wada was where plans for the reconstitution of the socialist Rashtra Seva Dal took place in early 1940s, with socialists like S.M. Joshi, N.G. Gore, Shirubhau Limaye and Kakasaheb in the lead.

    Kakasaheb Gadgil

    • Gadgil was an Indian freedom fighter and politician from Maharashtra, India.
    • He was also a writer. He wrote in both Marathi and English.
    • Gadgil graduated from Fergusson College in Pune in 1918, and obtained a degree in Law in 1920.
    • In India’s pre-independence days, freedom fighters Lokmanya Tilak, Mahatma Gandhi, Jawaharlal Nehru, and Vallabhbhai Patel influenced Gadgil.
    • He joined the Indian National Congress in 1920, immediately after obtaining his law degree and started his active participation in the national freedom movement.
    • He suffered imprisonment from the ruling British government eight times for the participation.

    Notable work during freedom struggle

    • In India’s pre-independence days, Gadgil served as the secretary of Poona District Congress Committee (1921–25), the president of Maharashtra Pradesh Congress Committee (1937–45).
    • He was elected to the central Legislative Assembly in 1934.
    • Gadgil was a pioneer in social reform movements in Maharashtra in the 1930s.
    • During the Civil Disobedience Movement, which began in 1930, Gadgil was listed as a leader for the Maharashtra Civil Disobedience Committee and the Pune War Council.
    • He was associated with several public associations and institutions, including Sarvajanik Sabha, Pune; Young Men’s Association, Pune; Maharashtra Youth League, Bombay; Pune Central Cooperative Bank; and Pune Municipality.

    Service after India’s independence

    • Between 1947 and 1952 Gadgil served as a minister in the first central cabinet of independent India.
    • He held the portfolios of Public Works, and Mines and Power.
    • In his first year in the central Cabinet, he initiated the project of building a military-caliber road from Pathankot to Srinagar via Jammu in Kashmir as a part of India’s activities in the 1947 Indo-Pakistan War.
    • As a cabinet minister, he also initiated the important development projects pertaining to Bhakra, Koyna, and Hirakund dams.
    • He was a member of the Congress Working Committee from 1952 to 1955.
    • His son Vitthalrao Gadgil was a veteran congressman and MP from Pune Lok Sabha constituency, and his grandson Anant Gadgil is currently spokesman for Maharashtra Pradesh Congress Committee.

    Authorship

    • Gadgil wrote several books and articles on politics, economics, law, and history.
    • The following are some of Gadgil’s books:
    1. Pathik (autobiography)
    2. Rajya Shastra Wichar
    3. Shubha Shastra
    4. Waktrutwa Shastra
    5. Gyanbache Arthashastra
    6. Government from Inside
    7. Shikhancha Itihaas (history of Sikhs)

     

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  • Fertilizer Sector reforms – NBS, bio-fertilizers, Neem coating, etc.

    Punjab bans use of 10 insecticides

    Prelims Only | Science Tech | Mains Paper 3: Awareness in various sc and tech fields

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Maximum Residue Limit (MRL)

    Mains level: Not Much

    Amid reports that several samples of basmati rice contained the residue of certain pesticides above the maximum residue level (MRL), the Punjab government has decided to ban the use of 10 formulations.

    Which are the chemicals banned?

    • The State government believed that the sale, stock distribution, and use of Acephate, Buprofezin, Chloropyriphos, Methamidophos, Propiconazole, Thiamethoxam, Profenofos, Isoprothiolane, Carbendazim, and Tricyclazole was not in the interest of basmati rice growers.
    • It is said that there is a risk of breaching the MRL fixed by the competent authority for basmati rice.

    What is the Maximum Residue Limit (MRL)?

    • MRL is the highest level of pesticide residue that is legally tolerated in or on food or feed when pesticides are applied correctly in accordance with Good Agricultural Practice promulgated by Food and Agriculture Organization (FAO).
    • The MRL is usually determined by repeated (on the order of 10) field trials at an appropriate pre-harvest interval or withholding period has elapsed.
    • For many pesticides, this is set at the Limit of determination (LOD) – since only major pesticides have been evaluated and understanding of acceptable daily intake (ADI) is incomplete.

     

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  • Modern Indian History-Events and Personalities

    Women heroes of India’s freedom struggle, mentioned by PM in his I-Day speech

    Prelims Only | | Mains Paper 1: Modern Indian History

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Freedom fighters in news

    Mains level: Not Much

    In his Independence Day address to the nation the Prime Minister paid tributes to women freedom fighters for showing the world the true meaning of India’s “nari shakti”. A look at the women he named in his speech:

    Rani Laxmibai

    • The queen of the princely state of Jhansi, Rani Laxmibai is known for her role in the First War of India’s Independence in 1857.
    • Born Manikarnika Tambe in 1835, she married the king of Jhansi.
    • The couple adopted a son before the king’s death, which the British East India Company refused to accept as the legal heir and decided to annex Jhansi.
    • Refusing to cede her territory, the queen decided to rule on behalf of the heir, and later joined the uprising against the British in 1857.
    • Cornered by the British, she escaped from Jhansi fort. She was wounded in combat near Gwalior’s Phool Bagh, where she later died.
    • Sir Hugh Rose, who was commanding the British army, is known to have described her as “personable, clever…and one of the most dangerous Indian leaders”.

    Jhalkari Bai

    • A soldier in Rani Laxmibai’s women’s army, Durga Dal, she rose to become one of the queen’s most trusted advisers.
    • She is known for putting her own life at risk to keep the queen out of harm’s way.
    • Till date, the story of her valour is recalled by the people of Bundelkhand, and she is often presented as a representative of Bundeli identity.
    • According to Ministry of Culture’s Amrit Mahotsav website, “Many Dalit communities of the region look up to her as an incarnation of God and also celebrate Jhalkaribai Jayanti every year in her honour.”

    Durga Bhabhi

    • Durgawati Devi, who was popularly known as Durga Bhabhi, was a revolutionary who joined the armed struggle against colonial rule.
    • A member of the Naujawan Bharat Sabha, she helped Bhagat Singh escape in disguise from Lahore after the 1928 killing of British police officer John P Saunders.
    • During the train journey that followed, Durgawati and Bhagat Singh posed as a couple, and Rajguru as their servant.
    • Later, as revenge for the hanging of Bhagat Singh, Rajguru, and Sukhdev, she made an unsuccessful attempt to kill the former Punjab Governor, Lord Hailey.
    • Born in Allahabad in 1907 and married to Hindustan Socialist Republican Association (HSRA) member Bhagwati Charan Vohra, Durgawati, along with other revolutionaries, also ran a bomb factory in Delhi.

    Rani Gaidinliu

    • Born in 1915 in present-day Manipur, Rani Gaidinliu was a Naga spiritual and political leader who fought the British.
    • She joined the Heraka religious movement which later became a movement to drive out the British. She rebelled against the Empire, and refused to pay taxes, asking people to do the same.
    • The British launched a manhunt, but she evaded arrest, moving from village to village.
    • Gaidinliu was finally arrested in 1932 when she was just 16, and later sentenced for life. She was released in 1947.
    • Then PM Nehru described Gaidinliu as the “daughter of the hills”, and gave her the title of ‘Rani’ for her courage.

    Rani Chennamma

    • The queen of Kittur, Rani Chennamma, was among the first rulers to lead an armed rebellion against British rule.
    • Kittur was a princely state in present-day Karnataka.
    • She fought back against the attempt to control her dominion in 1824 after the death of her young son. She had lost her husband, Raja Mallasarja, in 1816.
    • She is seen among the few rulers of the time who understood the colonial designs of the British.
    • Rani Chennamma defeated the British in her first revolt, but was captured and imprisoned during the second assault by the East India Company.

    Begum Hazrat Mahal

    • After her husband, Nawab of Awadh Wajid Ali Shah, was exiled after the 1857 revolt, Begum Hazrat Mahal, along with her supporters, took on the British and wrested control of Lucknow.
    • She was forced into a retreat after the colonial rulers recaptured the area.

    Velu Nachiyar

    • Many years before the revolt of 1857, Velu Nachiyar waged a war against the British and emerged victorious. Born in Ramanathapuram in 1780, she was married to the king of Sivagangai.
    • After her husband was killed in battle with the East India Company, she entered the conflict, and won with support of neighbouring kings.
    • She went on to produce the first human bomb as well as establish the first army of trained women soldiers in the late 1700s.
    • Her army commander Kuyili is believed to have set herself ablaze and walked into a British ammunition dump.
    • She was succeeded by her daughter in 1790, and died a few years later in 1796.

     

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  • Telecom and Postal Sector – Spectrum Allocation, Call Drops, Predatory Pricing, etc

    History of the PIN code, which turns 50 this I-Day

    Prelims Only | Governance | Mains Paper 2: Governance, Transparency & Accountability, Citizens Charters

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: PIN code

    Mains level: Not Much

    The 75th Independence Day coincides with another milestone in the country’s history — it was on August 15, 1972, that the Postal Index Number (PIN) was introduced in India.

    As the PIN code turns 50 on Monday, we look at its history and evolution.

    Why was the PIN code introduced?

    • According to the Department of Posts, there were 23,344 post offices, primarily in urban areas, in India at the time of Independence.
    • But, the country was growing rapidly and the postal network had to keep pace.
    • The PIN code was meant to ease the process of mail sorting and delivery in a country where different places, often, have the same or similar names, and letters are written in a wide variety of languages.

    How does the PIN code work?

    • The PIN is made up of six digits.
    • The first number indicates the postal region — Northern, Eastern, Western, Southern; and number 9, which signifies the Army Postal Service.
    • The second number denotes a sub-region, and the third represents the sorting district.
    • The remaining numbers narrow the geography further to the specific post office making the delivery.

    Who was the person behind the initiative?

    • The person behind the initiative was Shriram Bhikaji Velankar, additional secretary in the Union Ministry of Communications and a senior member of the Posts and Telegraphs Board.
    • Velankar was also a Sanskrit poet of eminence who had been conferred the President’s Award for Sanskrit in 1996, three years before he died in Mumbai.
    • He had set up a cultural group in Mumbai, called the Dev Vani Mandiram, which worked to create awareness about Sanskrit in India and foreign countries.
    • Velankar was also the chairman of the World Philatelic Exhibition, called Indipex, which was held in New Delhi in 1973 and featured 120 countries.
    • He retired from his government service on December 31, 1973.

    What are some parallel systems followed world over?

    • Globally, in the US, the Zone Improvement Plan (ZIP) code was introduced July 1, 1963, under the aegis of the Postal Service Nationwide Improved Mail Service plan to improve the speed of mail delivery.
    • Under the old system letters went through about 17 sorting stops – the new system was going to be considerably less time-consuming utilizing newer, more mechanical systems.

    Is the PIN code still relevant?

    • With the spread of the Internet, when people are sending fewer letters, it is easy to question the relevance of the PIN code.
    • But try to order food delivery or a parcel over online shopping and the importance of Velankar’s work in India will become evident.

     

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  • Food Procurement and Distribution – PDS & NFSA, Shanta Kumar Committee, FCI restructuring, Buffer stock, etc.

    What is Essential Commodities Act?

    Prelims Only | Agriculture | Mains Paper 3: Agriculture and related issues

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Essential Commodities Act

    Mains level: Not Much

    The Centre has invoked the Essential Commodities Act of 1955 to ask States to monitor and verify the stocks of Arhar/Tur Dal available with traders.

    Essential Commodities Act

    • The ECA, 1955 was established to ensure the delivery of certain commodities or products, the supply of which, if obstructed due to hoarding or black marketing, would affect the normal life of the people.
    • The list of items under the Act includes drugs, fertilizers, pulses, and edible oils, as well as petroleum and petroleum products.
    • The Centre can include new commodities as and when the need arises, and takes them off the list once the situation improves.
    • Additionally, the government can also fix the maximum retail price (MRP) of any packaged product that it declares an “essential commodity”.

    How ECA works?

    (1) Centre notifying stock limit holding

    • If the Centre finds that a certain commodity is in short supply and its price is spiking, it can notify stock-holding limits on it for a specified period.
    • The States act on this notification to specify limits and take steps to ensure that these are adhered to.
    • Anybody trading or dealing in the commodity, be it wholesalers, retailers or even importers are prevented from stockpiling it beyond a certain quantity.

    (2) States can opt-out

    • A State can, however, choose not to impose any restrictions.
    • But once it does, traders have to immediately sell into the market any stocks held beyond the mandated quantity.

    What happens for non-compliance?

    • As not all shopkeepers and traders comply, State agencies conduct raids to get everyone to toe the line and the errant are punished.
    • The excess stocks are auctioned or sold through fair price shops.
    • This improves supplies and brings down prices.

    Ex: The Union Government has brought masks and hand-sanitizers under the ECA to make sure that these products, key for preventing the spread of Covid-19 infection, are available to people at the right price and in the right quality. Later this move was reverted.

    What about Food Items?

    (1) Items covered:

    Rice, wheat, atta, gram dal, arhar dal, moong dal, urad dal, masoor, dal, tea, sugar, salt, Vanaspati, groundnut oil, mustard oil, milk, soya oil, palm oil, sunflower oil, gur, potato, onion and tomato.

    (2) Price Stabilization Fund (PSF):

    The government utilizes the buffer of agri-horticultural commodities like pulses, onion, etc. built under Price Stabilization Fund (PSF) to help moderate the volatility in prices.

    Recent amendments to the ECA

    In 2020, the EC Act was amended for the stock limit to be imposed only under exceptional circumstances such as famine or other calamities.

    • Exceptional circumstances: It allowed the centre to delist certain commodities as essential, allowing the government to regulate their supply and prices only in cases of war, famine, extraordinary price rises, or natural calamities.
    • Commodities de-regulated: The commodities that have been deregulated are food items, including cereals, pulses, potatoes, onion, edible oilseeds, and oils.

    Exceptions provided

    • The government regulation of stocks will be based on rising prices, and can only be imposed if there is
    1. A 100% increase in retail price in the case of horticultural produce and
    2. A 50% increase in retail price in the case of non-perishable agricultural food items
    • These restrictions will not apply to stocks of food held for public distribution in India.

     

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  • Poverty Eradication – Definition, Debates, etc.

    SMILE-75 scheme to rehabilitate Beggars

    Prelims Only | Governance | Mains Paper 2: Government Scheme/Policies

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: SMILE Scheme

    Mains level: Read the attached story

    The Social Justice and Empowerment Ministry has launched the ‘SMILE-75’ initiative for comprehensive rehabilitation of persons engaged in begging in 75 identified municipalities as a part of the celebrations of 75 years of Independence.

    SMILE Scheme

    • SMILE is an acronym for Support for Marginalised Individuals for Livelihood and Enterprise.
    • This scheme is a sub-scheme under the ‘Central Sector Scheme for Comprehensive Rehabilitation of persons engaged in the act of Begging’.
    • It also focuses on rehabilitation, provision of medical facilities and intervention, counselling, education, skill development, economic linkages to transgender persons.
    • It covers several comprehensive measures including welfare measures for persons who are engaged in the act of begging.
    • The focus of the scheme is extensively on rehabilitation, provision of medical facilities, counselling, basic documentation, education, skill development, economic linkages and so on.

    Its implementation

    • The scheme would be implemented with the support of State/UT Governments/Local Urban Bodies, Voluntary Organizations, Community Based Organizations (CBOs), institutions and others.
    • The scheme provides for the use of the existing shelter homes available with the State/UT Governments and Urban local bodies for rehabilitation of the persons engaged in the act of Begging.
    • In case of the non-availability of existing shelter homes, new dedicated shelter homes are to be set up by the implementing agencies.

     

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  • Animal Husbandry, Dairy & Fisheries Sector – Pashudhan Sanjivani, E- Pashudhan Haat, etc

    In news: Ongole Cattle Breed

    Prelims Only | Agriculture | Mains Paper 3: Economics Of Animal-Rearing

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Ongole Cattle

    Mains level: Indigenous cattle breedss

    Ongole breed of cattle had remained indispensable for all farm operations for centuries in Prakasam district of Andhra Pradesh in view of their draught power.

    Ongole Cattle

    • Ongole cattle are an indigenous cattle breed that originates from Prakasam District in the state of Andhra Pradesh.
    • The breed derives its name from the place the breed originates from, Ongole.
    • The Ongole breed of cattle Bos Indicus, has a great demand as it is said to possess resistance to both foot and mouth disease and mad cow disease.

    What’s so special about this breed?

    • Cattle breeders use the fighting ability of the bulls to choose the right stock for breeding in terms of purity and strength.
    • Ongole cattle are known for their toughness, rapid growth rate, and natural tolerance to tropical heat and disease resistance.
    • It was perhaps the first Indian breed of cattle to gain worldwide recognition.
    • Ongole milk is rich in A2 (allele of Beta Casein).
    • They fetches a premium price of over ₹150 per litre as it enables consumers build immunity against viral and other diseases.

    Global Prominence

    • Ongole bulls have gone as far as America, the Netherlands, Malaysia, Brazil, Argentina, Colombia, Mexico, Paraguay, Indonesia, West Indies, Australia, Fiji, Mauritius, Indo-China and Philippines.
    • The Brahmana bull in America is an off-breed of the Ongole.
    • The population of Ongole off-breed in Brazil is said to number several million.
    • The famous Santa Gertrudis breed developed in Texas, USA have Ongole blood.
    • It has gained global prominence, particularly in Brazil which imported barely hundred animals and produced multiple superior breeds like the world famous Zebu.

     

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  • Banking Sector Reforms

    What happens after a Cooperative Bank to shuts down?

    Prelims Only | Economics | Mains Paper 3: Indian Economy

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Deposit Insurance Programme, Banking License

    Mains level: Not Much

    The Reserve Bank of India (RBI) announced it had cancelled the banking licence of a Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate the bank.

    What is a Banking Licence?

    • Financial institutions wishing to carry out banking operations such as accepting deposits or lending have to obtain a licence from India’s central bank.
    • The RBI issues the licence under the Banking Regulation Act of 1949 after carrying out a series of checks about the financial suitability of the applicant institution.
    • Parameters like capital adequacy ratio (CAR) — the ratio of a bank’s available capital to its risk weighted credit exposure — and loan to deposit ratio (LDR) — the ratio of a bank’s total loans to total deposits in the same period — are checked before the licence is granted.
    • The 1949 Act in particular stresses on adequate capital and protection of the public interest before the licence is granted.
    • No company other than one that has been issued a banking licence is allowed to use the word bank in its name while doing business.

    Cancelling the licence of a Bank

    • RBI, which issues the licence, has the power to cancel it as well, in case the bank fails to satisfy laid-down conditions.
    • This could mean an increase in bad debts — and if the RBI feels a bank does not have enough capital to cover its exposure and pay its depositors, its licence can be suspended or cancelled.

    Why did RBI cancel the licence of Rupee Cooperative Bank?

    • The RBI audits banks every year, and can take action if it notes an increase in bad debts or other suspicious activities in their books.
    • In its press release, the RBI gave the reasons for the cancellation of the bank’s licence:
    1. The bank does not have adequate capital and earning prospects.
    2. The bank has failed to comply with the requirements of certain sections of the Banking Regulation Act, 1949;
    3. The continuance of the bank is prejudicial to the interests of its positions;
    4. The bank with its present financial position would be unable to pay its present depositors in full; and
    5. Public interest would be adversely affected if the bank is allowed to carry on its banking business any further.

    Section 22 of the Act deals with “licensing of banking companies”, section 11 is about “requirement as to minimum paid-up capital and reserves”, and section 56 is about the applicability of the Act to cooperative societies, subject to modifications.

    Was cancellation of the licence the only option left for RBI?

    • RBI had issued notice to that Cooperative Bank in 2013, and issued directions under the Banking Regulation Act before cancelling its licence.
    • All banking activities like withdrawal were suspended, the then board of directors was superseded.
    • The banker took a number of steps to revive the bank, including filing of criminal cases against defaulting directors, employees, and seizing of their properties.
    • The RBI extended the licence of the bank every three months as these steps were being taken.
    • The administrator also tried to merge the bank with a financially stable bank. But the bad debts scared away most suitors.

    What will happen to the depositors’ money in Rupee Cooperative Bank?

    • The limiting of withdrawals by RBI had made things difficult for depositors, especially because cooperative banks are preferred by those from the lower income group.
    • The big question before the over 5.5 lakh depositors now is about the fate of their money.
    • The RBI has said that depositors with Rs 5 lakh or less in the bank, would get back all of their money through the Deposit Insurance and Credit Guarantee Corporation (DICGC).
    • Those who have larger deposits in the bank will not get back their money beyond Rs 5 lakh.
    • In this group are about 4,600 depositors with a total Rs 340 crore in deposits in the bank.
    • These people stand to suffer major losses.

    Back2Basics: Deposit Insurance Programme

    • The bank savings are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act providing full coverage to around 98 per cent of bank accounts.
    • Earlier, account holders had to wait for years till the liquidation or restructuring of a distressed lender to get their deposits that are insured against default.
    • Last year, the government raised the insurance amount to Rs 5 lakh from Rs 1 lakh.
    • Prior to that, the DICGC had revised the deposit insurance cover to Rs 1 lakh on May 1, 1993 — raising it from Rs 30,000, which had been the cover from 1980 onward.

    What are new changes?

    • Earlier, out of the amount deposited in the bank, only Rs 50,000 was guaranteed, which was then raised to Rs 1 lakh.
    • Understanding the concern of the poor, understanding the concern of the middle class, we increased this amount to Rs 5 lakh.
    • If a bank is weak or is even about to go bankrupt, depositors will get their money of up to Rs five lakhs within 90 days.

     

     

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  • Zoonotic Diseases: Medical Sciences Involved & Preventive Measures

    What is Langya Virus?

    Prelims Only | Science Tech | Mains Paper 3: Awareness in various sc and tech fields

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Langya virus

    Mains level: Zoonotic Diseases

    A new virus, Langya henipavirus, is suspected to have caused infections in 35 people in China’s Shandong and Henan provinces over roughly a two-year period to 2021.

    Langya Virus

    • It’s related to Hendra and Nipah viruses, which cause disease in humans.
    • However, there’s much we don’t know about the new virus – known as LayV for short – including whether it spreads from human to human.

    How sick are people getting?

    • Symptoms reported appeared to be mostly mild – fever, fatigue, cough, loss of appetite, muscle aches, nausea and headache – although we don’t know how long the patients were unwell.
    • A smaller proportion had potentially more serious complications, including pneumonia, and abnormalities in liver and kidney function.
    • However, the severity of these abnormalities, the need for hospitalization, and whether any cases were fatal were not reported.

    Where did this virus come from?

    • The authors also investigated whether domestic or wild animals may have been the source of the virus.
    • Although they found a small number of goats and dogs that may have been infected with the virus in the past, there was more direct evidence a significant proportion of wild shrews were harbouring the virus.
    • This suggests humans may have caught the virus from wild shrews.

    Does this virus actually cause this disease?

    • The researchers used a modern technique known as metagenomic analysis to find this new virus.
    • Researchers sequence all genetic material then discard the “known” sequences (for example, human DNA) to look for “unknown” sequences that might represent a new virus.
    • This raises the question about how scientists can tell whether a particular virus causes the disease.
    • Researchers used “Koch’s Postulates” to determine whether a particular micro-organism causes disease:
    1. it must be found in people with the disease and not in well people
    2. it must be able to be isolated from people with the disease
    3. the isolate from people with the disease must cause the disease if given to a healthy person (or animal)
    4. it must be able to be re-isolated from the healthy person after they become ill.

    What can we learn from related viruses?

    • This new virus appears to be a close cousin of two other viruses that are significant in humans: Nipah virus and Hendra virus.
    • This family of viruses was the inspiration for the fictional MEV-1 virus in the film Contagion.
    • Hendra virus was first reported in Queensland in 1994, when it caused the deaths of 14 horses and the trainer Vic Rail.
    • Nipah virus is more significant globally, with outbreaks frequently reported in Bangladesh.

    What lies ahead?

    • Little is known about this new virus, and the currently reported cases are likely to be the tip of the iceberg.
    • At this stage, there is no indication the virus can spread from human to human.
    • Further work is required to determine how severe the infection can be, how it spreads, and how widespread it might be in China and the region.

     

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