Defence exports have quadrupled in past five years
- Defence exports grew by 334% in the last five years.
- India is now exporting to over 75 countries due to collaborative efforts.
- India has continued to be one of the largest importers of defence products in the world, and this is the situation the government wishes to change
Shifting monsoon patterns in india
What is the monsoon withdrawal
- The monsoon is a sea breeze that has consistently landed in the Indian subcontinent for thousands of years.
- It enters mainland India between the last week of May and the first week of June – though June 1 is its official onset date over Kerala.
- The IMD only counts the rainfall between June 1 and September 30 as monsoon rainfall. This doesn’t mean that the monsoon system ceases to pour rain over India from October 1.
- In fact, monsoon related Rain can continue well into the first fortnight of October and only really retreats from India by late October. It is then replaced by the retreating, or northeast monsoon in November which is the key source of rainfall for several parts of Tamil Nadu, Andhra Pradesh and north interior Karnataka.
How has the monsoon been this year 2022
- Monsoon rainfall in India has been surplus by around 7% this year though with extreme inequity.
- Central and southern India saw a sharp surge in rainfall.
- Rains in Central India were surplus by 20% and in southern India by 25%, with the last month seeing several instances of flooding in Kerala, Karnataka and Madhya Pradesh.
- On the other hand, large parts of U. P., Bihar, Odisha have seen large defi
- The east and northeast of India have reported a 17% shortfall and the northwest 2%. This has impacted sowing of the kharif, or summer crop.
- Paddy planting has been impacted with sown area 5.51% lower than last year, according to the Agriculture Ministry.
Are monsoon patterns changing ?
- Since 2019, monsoon in India has returned surpluses, barring a slight dip last year.
- The June September rainfall in 2019 was 10% more than the 88 cm that India usually gets.
- Though June saw deficit rain, the months of July and August returned extra rain, with September registering 52% more rain than normal.
- In 2020, India saw 9% more rain with August registering 27% more rain and September 4% more than its usual quota.
e-learning platform Bharat Vidya for Oriental and South Asian Studies will be launched by Finance Minister Nirmala Sitharaman
- Union Finance Minister Nirmala Sitaraman will launch the Bharat Vidya, which is an online learning platform for Oriental and South Asian Studies.
- It is designed and developed by BORI.
- Bharat Vidya is a first-of-its-kind online platform, which will offer both free and paid courses covering various aspects of Indology about art, architecture, philosophy, language, and science. The Bharat Vidya will have six courses at the beginning including Veda Vidya, Bharatiya Darshanshastra, Sanskrit learning, 18 Parvas of Mahabharata, Fundamentals of Archaeology, and Kalidasa and Bhasha.
- BORI will collaborate with Indian and Foreign universities for awarding credits for its courses.
- During the inaugural event, Finance Minister Nirmala Sitaraman announced that the courses offered complied with the New Education Policy (NEP) 2020.
Rashtriya Poshan Maah 2022 programme will be launched by Vitamin Angels India and UNICEF India
- Rashtriya Poshan Maah 2022 is being celebrated from 1st to 30th September 2022 by the Ministry of Women and Child Development
- This is the 5th edition of Rashtriya Poshan Maah.
- This year, with the main focus on “Mahila aur Swasthya”and “Bacha aur Shiksha”, Poshan Maah is to be started as Poshan Panchayat through Gram Panchayats.
Dr. Rajiv Bahl has been appointed as the new director general of ICMR
About ICMR
- The Government of India funds ICMR.
- It comes under the Department of Health Services (DHS), Ministry of Health and Family Welfare (MoH&FW).
- The headquarters of ICMR is in New Delhi.
- It is neither a statutory body nor a regulatory body.
- ICMR hosts Clinical Trials Registry – India (CTRI). It was established on 20th July 2007.
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- It is a free and online public record system for the registration of clinical trials being conducted in India.
- Till 15th June 2009, the clinical trial registry was a voluntary measure; after which the Drugs Controller General of India (DCGI) has made trial registration at CTRI mandatory.
- Importance – It encourages registration of clinical trials before the enrolment of the first participant.
- It has been publishing the Indian Journal of Medical Research (IJMR) since 1913.
- ICMR’s National Institute of Nutrition (NIN) was established in 1918 as ‘Beri Beri Enquiry’ at the Pasteur Institute, Coonoor, Tamil Nadu.
- Sir Robert McCarrison was the founder of the ‘Beri Beri’ enquiry unit now known as NIN.
- Union Health Minister of India presides over the governing body of ICMR.
- Prof. Balram Bhargava, secretary of DHS, is the Director-General of ICMR.
- There are 27 institutes/regional medical research centres under ICMR. The table providing the list of ICMR institutes is given below
Daniel Spielman has been awarded the Breakthrough Prize 2023 in Mathematics
About Breakthrough Prize
- The Breakthrough Prizes are a set of international awards bestowed in three categories by the Breakthrough Prize Board in recognition of scientific advances.
- Breakthrough Prize in Mathematics
- Breakthrough Prize in Fundamental Physics
- Breakthrough Prize in Life Sciences
- The awards are part of several “Breakthrough” initiatives founded and funded by Yuri Milner and his wife Julia Milner, along with Breakthrough Initiatives and Breakthrough Junior Challenge.
UCO Bank has received approval from the RBI for Rupee Trade
What is Rupee Payment Method
- Authorised Dealer Banks in India had been permitted to open Rupee Vostro Accounts (an account that a correspondent bank holds on behalf of another bank).
- Indian importers undertaking imports via this mechanism will make payment in INR which will be credited into the Special Vostro account of the correspondent bank of the partner country, against the invoices for the supply of goods or services from the overseas seller.
- Indian exporters using the mechanism will be paid the export proceeds in INR from the balances in the designated Special Vostro account of the correspondent bank of the partner country.
- Indian exporters may receive advance payment against exports from overseas importers in Indian rupees through the above Rupee Payment Mechanism.
- Before allowing any such receipt of advance payment against exports, Indian banks need to ensure that available funds in these accounts are first used towards payment obligations arising out of already executed export orders/export payments in the pipeline.
- Balance in Special Vostro Accounts can be used for: payments for projects and investments, export/ import advance flow management, and investment in Government Treasury Bills, Government securities, etc.
Cochin International Airport has won the Airport Service Quality Award 2022
India by 2-1 won the India-Australia T20I series 2022
- Axar Patel won the man of the series award
