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DAILY NEWS ANALYSIS

12 Mar, 2021

46 Min Read

Lingaraja Temple

GS-I : Art and Culture Architecture

Lingaraja Temple

  • Lingaraja Temple is a Hindu temple dedicated to Shiva and is one of the oldest temples in Bhubaneswar.

  • The Lingaraja temple is the largest temple in Bhubaneswar.
  • The temple represents the quintessence of the Kalinga architecture.
  • The temple is believed to be built by the kings from the Somavamsi dynasty, with later additions from the Ganga rulers.
  • Lingaraj is referred to as ‘Swayambhu” – self-originated Shivling.
  • Another important aspect of the temple is that it signifies the syncretisation of Shaivism and Vaishnavism sects in Odisha.
  • Perhaps the rising cult of Lord Jagannath (considered an incarnation of Lord Vishnu) which coincided with the completion of the Lingaraja Temple had a role to play.
  • The presiding deity in the Temple is known as Hari-Hara; Hari denotes Lord Vishnu and Hara meaning Lord Shiva.
  • The temple is out of bounds for non-Hindus.
  • The other attraction of the temple is the Bindusagar Lake, located in the north side of the temple.
  • On the western banks of Bindusagar, lies the garden of Ekamra Van named after the Hindu mythological texts where Bhubaneswar the capital city of Odisha was referred as Ekamra Van or a forest of a single mango tree.

Components of Lingaraj temple

  • The temple is built in the Deula style that has four components namely, vimana (structure containing the sanctum), jagamohana (assembly hall), natamandira (festival hall) and bhoga-mandapa (hall of offerings), each increasing in the height to its predecessor.

Other Important Monuments in Odisha

    • Konark Sun Temple (UNESCO World Heritage Site)
    • Jagannath Temple
    • Tara Tarini Temple
    • Udaygiri and Khandagiri Caves

Source: TH

Cable Television Networks (Regulation) Act,1995

GS-II : Governance Governance

Cable Television Networks (Regulation) Act,1995 Introduction

  • It is quite regrettable that politicians are often hit by scandals arising from leaked footage purportedly showing them in intimate proximity with women.
  • The latest episode involves former Karnataka Minister Ramesh Jarkiholi, who resigned in the wake of visuals allegedly showing him in such a situation.

Programme Code

  • Speculation about the existence of more such compact discs that could surface in the media has resulted in a lawyer and BJP member obtaining an interim High Court order, that media organisations should abide strictly by the Programme Code prescribed under the Cable Television Networks (Regulation) Act.

Cable Television Networks (Regulation) Act

  • Indian broadcast rules do not permit pre-censorship of TV programmes and advertisements — that is banning them before they are aired — and only films and film trailers are pre-certified by the Central Board of Film Certification (CBFC).

Important rules

  • Section 20 of the Cable TV Networks (Regulation) Act, 1995, states that the government can regulate or prohibit the transmission or retransmission of any programme that it feels is not in conformity with the Programme and Advertising Code, which oversees television content in India.
  • However, since there is no body to pre-certify content for TV, potentially problematic programmes only come to notice once they have been aired.
  • The Electronic Media Monitoring Centre (EMMC), under the I&B Ministry, monitors the content telecast on private TV channels to check if they adhere to the Programme and Advertising Code.
  • Specific complaints on code violations are looked into by an inter-ministerial committee (IMC).

Rule 6 of the Cable TV Network Rules:

  • It is also the responsibility of the channel to ensure its programmes are not violative of the programme code, laid down in Rule 6 of the Cable TV Network Rules.
  • Sub-section ‘c’ of Rule 6 specifically mentions that programmes that contain attacks on religions or communities or visuals or words contemptuous of religious groups or which promote communal attitudes should not be carried in the cable service.
  • The order is unexceptionable.
  • The broadcast media are expected to conform to the Code.
  • However, when such an omnibus order is passed, it could become a tool of harassment.
  • Under the Act, district magistrates, sub-divisional magistrates and police commissioners are the ‘authorised officers’ to ensure that the Programme Code is not breached.
    • The Bengaluru Police Commissioner has also issued an order prohibiting the broadcasting of anything that breaches the Code.

Widely worded

  • Discretion of the authorised officer: The Code, which is part of the Cable Television Network Rules, is widely worded.
    • For instance, anything that offends good taste or decency, or amounts to criticism of friendly countries, are violations.
    • It also considers defamation, half-truths and innuendo as potential violations.
    • In the absence of judicial orders, it may be unsafe to leave such matters to the discretion of the ‘authorised officer’.
  • Public interest: A key consideration to decide on the content of any broadcast that may be controversial is whether it touches upon any public interest.
    • In this case, it is not merely the private moment of a serving Minister, but his public conduct that is under scrutiny — for the allegation is that he had promised a job to a woman in exchange for sexual favours.

Is it a public or private interest?

  • Of course, in the absence of any complaint from the woman, or even any knowledge about her, it is difficult to prove any wrongdoing.
  • And not even public interest can justify a flagrant breach of privacy of anyone, or the depiction of women in a derogatory manner.
  • But sections of the media may have considered that there is enough public interest to draw attention to the footage, even if they had no intention to air it.

Conclusion

  • The onus is on media outlets to show discretion in dealing with such ‘leaks’.
  • Greater discretion may be warranted for political leaders, especially those with a record of political dishonesty, for it is difficult to blame the public if they expect the worst of them.

Source: TH

China’s dams on Brahmaputra

GS-II : International Relations India and its neighborhood

China’s dams on Brahmaputra

  • The 14th FYP (2021-25) of China has given the go ahead for a Chinese hydropower company to construct the first downstream hydropower project on the lower reaches of the river Brahmaputra.

About the Project:

  • The state-owned hydropower company POWERCHINA signed a strategic cooperation agreement with the Tibet Autonomous Region (TAR) government to implement hydropower exploitation in the downstream of the Yarlung Zangbo river as part of the new Five Year Plan (2021-2025).
  • This will be the first time the downstream sections of the river will be tapped. However, the location of the planned project has not been mentioned anywhere.
  • The Great Bend of the Brahmaputra and the Yarlung Zangbo Grand Canyon in Medog county, where the river turns sharply to flow across the border into Arunachal Pradesh could be the potential spot for the project.
  • This 50 km section alone offers a potential of developing 70 million kilowatt hours (Kwh).

China’s Previous dam Projects:

  • In 2015, China operationalised its first hydropower project at Zangmu in Tibet, while three other dams at Dagu, Jiexu and Jiacha are being developed, all on the upper and middle reaches of the river.

Indian concerns:

  • India has been expressing concerns on Brahmaputra since 2015 when China operationalised its project at Zangmu.
  • A dam at the Great Bend, if approved, would raise fresh concerns considering its location downstream and just across the border from Arunachal Pradesh.
  • For India, quantity of water is not an issue because these are run of the river dams and will not impact the Brahmaputra flow. More importantly, Brahmaputra is not entirely dependent on upstream flows and an estimated 35% of its basin is in India.
  • However, India is concerned about the Chinese activities affecting the quality of water, ecological balance and the flood management.
  • India and China do not have a water sharing agreement.
  • Both nations share hydrological data so it becomes important to share genuine data and have continuous dialogue on issues like warning of droughts, floods and high water discharges.

Source: TH

National Hydrogen Energy Mission (NHEM)

GS-III : S&T S&T

National Hydrogen Energy Mission (NHEM)

  • The Union Budget for 2021-22 has announced a National Hydrogen Energy Mission (NHM) to draw up a road map for using hydrogen as an energy source. This initiative can transform transportation.
  • NHM initiative will capitalise on one of the most abundant elements on earth (Hydrogen) for a cleaner alternative fuel option.

About NHEM:

  • Focus on generation of hydrogen from green power resources.
  • To link India’s growing renewable capacity with the hydrogen economy.
  • The usage of hydrogen will not only help India in achieving its emission goals under the Paris Agreement, but will also reduce import dependency on fossil fuels.
  • India's ambitious goal of 175 GW by 2022 got an impetus in the 2021-22 budget which allocated Rs. 1500 crore for renewable energy development and NHEM.

About Hydrogen fuel:

  • Hydrogen is a clean fuel that, when consumed in a fuel cell, produces only water.
  • Hydrogen can be produced from a variety of domestic resources, such as natural gas, nuclear power, biomass, and renewable power like solar and wind.
  • These qualities make it an attractive fuel option for transportation and electricity generation applications. It can be used in cars, in houses, for portable power, and in many more applications.
  • Hydrogen is an energy carrier that can be used to store, move, and deliver energy produced from other sources.
  • Today, hydrogen fuel can be produced through several methods. The most common methods today are natural gas reforming (a thermal process), and electrolysis. Other methods include solar-driven and biological processes.

Type of Hydrogen:

Types of Hydrogen

Features

1. Grey Hydrogen

  • It constitutes India’s bulk Production.
  • Extracted from hydrocarbons (fossil fuels, natural gas).
  • It’s by product is CO2

2. Blue Hydrogen

  • Sourced from fossil fuels.
  • It’s by product is CO, CO2
  • By products are Captured and Stored, so better than gey hydrogen.

3. Green Hydrogen

  • Generated from renewable energy (like Solar, Wind).
  • Electricity splits water into hydrogen and oxygen.
  • By Products : Water, Water Vapor

Source: TH

Lunar Polar Exploration mission (LUPEX)

GS-III : S&T Space mission

Lunar Polar Exploration mission (LUPEX)

  • The Lunar Polar Exploration mission (LUPEX) is a robotic lunar mission concept by Indian Space Research Organisation (ISRO) and Japan Aerospace Exploration Agency (JAXA) that would send a lunar rover and lander to explore the south pole region of the Moon in 2024.
  • JAXA is likely to provide the under-development H3 launch vehicle and the rover, while ISRO would be responsible for the lander.
  • The mission concept has not yet been formally proposed for funding and planning
  • The Lunar Polar Exploration mission would demonstrate new surface exploration technologies related to vehicular transport and lunar night survival for sustainable lunar exploration in polar regions.
  • For precision landing it would utilize a feature matching algorithm and navigational equipment derived from JAXA's Smart Lander for Investigating Moon (SLIM) mission.

Details of Rover and lander

  • The lander's payload capacity would be 350 kg (770 lb) at minimum.
  • The rover would carry multiple instruments by JAXA and ISRO including a drill to collect sub-surface samples from 1.5 m (4 ft 11 in) depth.
  • Water prospecting and analysis are likely to be mission objectives.

Source: TH

Pradhan Mantri Swasthya Suraksha Nidhi

GS-II : Government policies and interventions Government policies and interventions

The Union Cabinet approves the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN).

About Pradhan Mantri Swasthya Suraksha Nidhi(PMSSN):

  • This program will ensure access to universal & affordable health care through a fund that does not lapse at the end of the financial year.

Features:

  • It has been set up as a single non-lapsable reserve fund for a share of Health.
  • It will be made from the share of health in the proceeds of Health and Education Cess.
  • The fund will be administered and maintained by the Ministry of Health & Family Welfare
  • Finance Minister announced the 4% Health and Education Cess during the Budget 2018-19.
  • It replaced the existing 3% Education Cess.

How will the fund be utilised?

  • The fund will be utilized for the following flagship schemes of the Ministry of Health & Family Welfare:
    • Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)
    • Ayushman Bharat – Health and Wellness Centres (AB-HWCs)
    • National Health Mission
    • Pradhan Mantri Swasthya Suraksha Yojana (PMSSY)
    • Emergency & disaster preparedness and responses during health emergencies
    • Any future programme/scheme that targets to achieve progress towards SDGs and the targets set out in the National Health Policy (NHP) 2017.

Ayushman Bharat–PM Jan Arogya Yojana

  • Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is a Centrally Sponsored Scheme having central sector component under Ayushman Bharat Mission anchored in the Ministry of Health and Family Welfare (MoHFW).
  • It is an umbrella of two major health initiatives, namely Health and wellness Centres and National Health Protection Scheme.

National Health Protection Mission (AB-PMJAY)

  • AB-PMJAY provides a defined benefit cover of Rs. 5 lakh per family per year.
  • This cover will take care of almost all secondary care and most of tertiary care procedures.
  • To ensure that nobody is left out (especially women, children and elderly) there will be no cap on family size and age in the scheme.
  • The benefit cover will also include pre and post-hospitalisation expenses.
  • All pre-existing conditions will be covered from day one of the policy.
  • A defined transport allowance per hospitalization will also be paid to the beneficiary.
  • Benefits of the scheme are portable across the country and a beneficiary covered under the scheme will be allowed to take cashless benefits from any public/private empanelled hospitals across the country.
  • All public hospitals in the States implementing AB-PMJAY, will be deemed empanelled for the Scheme.
  • As for private hospitals, they will be empanelled online based on defined criteria.
  • States/ UTs will have the flexibility to modify these rates within a limited bandwidth.

Key components of AB-HWC:

  • New cadre of health care professional- referred to as the Mid-Level Health Provider- who is a nurse or an Ayurvedic Practitioner trained and accredited for a set of competencies related to primary health care and public health.
  • Mid-Level Health Provider will lead the team of MPWs and ASHAs at SHC level
  • Multiskilling/ Training of existing service providers - upgrading skills to provide expanded package of services
  • Efficient logistics system to ensure availability of wide range of drugs and point of care diagnostics.
  • Robust IT system to create unique health id and longitudinal health record of all individuals and provision of tele-consultation services
  • Provision of services related to indigenous health system and yoga etc for promotion of wellness
  • Linkages with schools to train Health and Wellness Ambassadors to enable creating healthy habits in schools

The package of services envisaged at AB-HWC are:

  • Care in pregnancy and child-birth.
  • Neonatal and infant health care services
  • Childhood and adolescent health care services
  • Family planning, Contraceptive services and other Reproductive Health Care services
  • Management of Communicable diseases including National Health Programmes
  • Outpatient care for acute simple illness and minor ailments.
  • Screening, Prevention, Control and Management of non-communicable diseases.
  • Care for Common Ophthalmic and ENT problems
  • Basic Oral health care
  • Elderly and palliative health care services
  • Emergency Medical Services
  • Screening and Basic management of Mental health ailments

Pradhan Mantri Swasthya Suraksha Yojana

  • The Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) aims at correcting the imbalances in the availability of affordable healthcare facilities in the different parts of the country.
  • The first phase in the PMSSY has two components - setting up of six institutions in the line of AIIMS.

National Health Mission

  • National Health Mission (NHM) was launched by the government of India in 2013 subsuming the National Rural Health Mission and the National Urban Health Mission.
  • The main programmatic components include Health System Strengthening in rural and urban areas.
    • (RMNCH+A), and Communicable and Non-Communicable Diseases.
  • The National Health Mission seeks to ensure the achievement of the following indicators:
    • Reduce MMR to 1/1000 live births
    • Reduce IMR to 25/1000 live births
    • Reduce TFR to 2.1
    • Prevention and reduction of anaemia in women aged 15–49 years
    • Prevent and reduce mortality & morbidity from communicable, non- communicable; injuries and emerging diseases
    • Reduce household out-of-pocket expenditure on total health care expenditure
    • Reduce annual incidence and mortality from Tuberculosis by half
    • Reduce the prevalence of Leprosy to <1/10000 population and incidence to zero in all districts
    • Annual Malaria Incidence to be <1/1000
    • Less than 1 per cent microfilaria prevalence in all districts
    • Kala-azar Elimination by 2015, <1 case per 10000 population in all blocks

National Health Policy -2017

Objectives

  • Improve health status through concerted policy action in all sectors and expand preventive, promotive, curative, palliative and rehabilitative services provided through the public health sector with the focus on quality.
  • Increase Life Expectancy at birth from 67.5 to 70 by 2025.
  • Disability Adjusted Life Years (DALY) Index as a measure of burden of disease and its trends by major categories by 2022.
  • Reduction of TFR to 2.1 at the national and sub-national level by 2025.
  • Reduce Under Five Mortality to 23 by 2025 and MMR from current levels to 100 by 2020.
  • Reduce infant mortality rate to 28 by 2019.
  • Reduce neonatal mortality to 16 and stillbirth rate to “single-digit” by 2025.
  • Achieve global target of 2020 which is also termed as the target of 90:90:90, for HIV/AIDS i. e,- 90% of all people living with HIV know their HIV status, – 90% of all people diagnosed with HIV infection receive sustained antiretroviral therapy and 90% of all people receiving antiretroviral therapy will have viral suppression.
  • To achieve and maintain a cure rate of >85% in new sputum positive patients for TB and reduce the incidence of new cases, to reach elimination status by 2025.
  • To reduce the prevalence of blindness to 0.25/ 1000 by 2025 and disease burden by 1/3 from current levels.
  • To reduce premature mortality from cardiovascular diseases, cancer, diabetes or chronic respiratory diseases by 25% by 2025.
  • Increase utilization of public health facilities by 50% from current levels by 2025.
  • Antenatal care coverage to be sustained above 90% and skilled attendance at birth above 90% by 2025.
  • More than 90% of the newborn are fully immunized by one year of age by 2025.
  • Meet the need for family planning above 90% at the national and sub-national level by 2025.
  • The relative reduction in the prevalence of current tobacco use by 15% by 2020 and 30% by 2025.
  • Reduction of 40% in the prevalence of stunting of under-five children by 2025.
  • Reduction of occupational injury by half from current levels of 334 per lakh agricultural workers by 2020.
  • Increase health expenditure by Government as a percentage of GDP from the existing 1.15% to 2.5 % by 2025.
  • Increase state sector health spending to > 8% of their budget by 2020.
  • Ensure availability of paramedics and doctors as per the Indian Public Health Standard (IPHS) norm in high priority districts by 2020.
  • Increase community health volunteers to population ratio as per IPHS norm, in high priority districts by 2025.
  • Establish primary and secondary care facility as per norms in high priority districts (population as well as time to reach norms) by 2025.
  • Ensure the district-level electronic database of information on health system components by 2020.
  • Establish federated integrated health information architecture, Health Information Exchanges and National Health Information Network by 2025.

Source: PIB

Green Bonds

GS-III : Biodiversity & Environment Climate Change

  • India has announced its intention to achieve all the United Nations Sustainable Development Goals (SDG) by 2030.
  • The first green bond was issued in 2015.
  • This is an alternative to Kuznets hypothesis that is used by the developed countries to achieve SDG goals
  • Green bond is a fixed-income instrument designed specifically to support specific climate-related or environmental projects.

Green bond market in India include:

  • Corporates issue green bonds for a period of 3-5 years. Banks opt for a longer tenure.
  • The US dollar and Indian Rupee are two preferred currencies.
  • The National Thermal Power Corporation and the International Finance Corporation started the overseas ‘Masala Bond’ market.

Environmental Kuznets Curve:

As per the Environmental Kuznets Curve, the environment of an country degrades in the initial stages of industrial growth.

  • After a certain level of economic growth, the society begins to improve its relationship with the environment and levels of environmental degradation reduces.
  • The pollution reduces with greater protection of the environment, technological improvements, diversification of the economy from manufacturing to services, and increasing scarcity and prices of environmental resources.

What is a Bond?

  • A Bond is a fixed income instrument that represents a loan made by an investor to a borrower.
  • It acts as a contract between the investor and the borrower.
  • Mostly companies and government issue bonds and investors buy those bonds as a savings and security option.
  • These bonds have a maturity date and when once that is attained, the issuing company needs to pay back the amount to the investor along with a part of the profit.

Source: TH

Dumping Inert Waste in Bhatti Mines

GS-III : Biodiversity & Environment Conservation

SDMC is seeking permission to dump material in 3 former mining pits in the sanctuary and one outside it.

Asola Bhatti Wildlife Sanctuary

  • It is located on the Southern Ridge of Aravalli Hills, one of the oldest mountain systems of the world.
  • It is the part of the Northern Aravalli leopard wildlife corridor.
  • It is the green lung & carbon sink for New Delhi.
  • It provides a potential shelterbelt for arresting the shifting of sandunes & protection of desert storms.
  • As it is located on the Delhi-Haryana border, both the governments had defined certain areas around the forests as Eco-Sensitive Zone (ESZ).

Source: TH

Miyawaki Technique

GS-III : Biodiversity & Environment Flora

In a year, a patch of land in Mumbai’s eastern suburbs has become a testament to create the “urban forests” through the Miyawaki technique.

  • Miyawaki is an afforestation technique to create urban forests based on the work of Japanese botanist Akira Miyawaki in the 1980s.
  • Miyawaki forests are tiny forests grown on small plots of land in 2 to 3 years and are self-sustaining, like how a forest is.
  • Three layers of greens - shrubs and undergrowth, medium-height trees and taller canopies - are integral components of the Miyawaki forests.
  • Before plantation, local agro-climatic conditions are studied.
  • Mulching, natural water retention and perforation material like rice husk and use of organic compost, cow dung support their growth.

Source: TH

IDBI Bank out of Prompt Corrective Action Framework

GS-III : Economic Issues RBI

Reserve Bank of India(RBI) has taken out IDBI Bank from the prompt corrective action(PCA) framework subject to certain conditions.

Prompt corrective action Framework:

  • Banks with weak financial metrics are put under the PCA framework by the Reserve Bank of India
  • It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.

When was the PCA framework introduced?

  • The RBI introduced the PCA framework in 2002.
  • It is a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability.

When does RBI invoke PCA?

  • The PCA framework is invoked when banks breach any of the 3 key regulatory triggers
    • Capital to risk-weighted assets ratio
    • Net non-performing assets(NPA) and
    • Return on assets(RoA).

What are the restrictions on Banks when PCA is invoked?

  • There are two types of restrictions:
    • Mandatory Restrictions: It includes:
      • Restrictions on Dividends
      • Restrictions on Branch expansion
      • Restrictions on Management compensation among others.
    • ???????Discretionary Restrictions: It includes???????
      • Curbs on lending and deposits.
      • Recommending the bank owner to bring new management and board among others.

Source: TH

Stand Up India Scheme

GS-II : Government policies and interventions Government policies and interventions

The government has informed the Lok Sabha that 81% of the accounts under the Stand Up India Scheme belong to women entrepreneurs.

Stand Up India Scheme:

  • Launched in 2016 by the Department of Financial Services, Ministry of Finance.
  • The Stand-Up India Scheme facilitates bank loans for setting up a new enterprise in manufacturing, services, agri-allied activities, or the trading sector by SC/ST/Women entrepreneurs.
  • It provides bank loans between Rs 10 lakh and up to 1 crore.
  • The government does not allocate funds for loans under the Scheme.
  • They are extended by Scheduled Commercial Banks(SCBs).

Eligibility:

  • SC/ST and/or woman entrepreneurs above 18 years of age.
  • Loans under the scheme are available only for greenfield projects.
  • Greenfield signifies the first time venture of the beneficiary in the manufacturing, services, agri-allied activities or the trading sector.
  • In the case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur.
  • Borrowers should not be in default to any bank/financial institution.
  • The loan is repayable in 7 years with a maximum moratorium period of 18 months.
  • The Stand-Up India Scheme has been extended up to the year 2025

Source: TH

India Not Part of Troika-plus-Pakistan Conference

GS-II : International Relations Bilateral groupings and agreements

Russia has planned to hold a Troika-plus-Pakistan conference on Afghanistan in Moscow, Russia.

About the Troika-plus-Pakistan Conference:

  • Troika-plus-Pakistan meeting involves consultations between the US, Russia, China, Pakistan along with the representatives of the Afghanistan government, Taliban, and other senior Afghan leaders.
  • The meeting is expected to discuss ways to assist in advancing the intra-Afghan talks in Doha.
  • It aims to reduce the level of violence and to end the armed conflict in Afghanistan.

Why was India excluded from the conference?

  • Troika process is an already established mechanism.
  • There was no deliberate attempt to leave India out of the proposed talks on Afghanistan.

Doha Peace Accord:

  • Taliban has made a commitment to not allow terrorists to use Afghan territory to mount attacks on the US and its allies.
  • The US has made an agreement to pull out troops.
  • But this is only if the Taliban agrees to a permanent ceasefire.
  • Russia's strategy included regional players such as Iran, China and several Central Asian states.

Source: TH

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Central forces without regular heads-Internal Security Context Many Central forces are functioning without regular chiefs, which could impact their efficiency The Central Reserve Police Force (CRPF), with a strength of 3.5 lakh, is headless following the previous incumbent Dr. A.P. Mahesh

Small Satellite Launch Vehicle Planned by ISRO for April, 2021

The maiden flight of Small Satellite Launch Vehicle (SSLV) - ISRO’s compact launcher - will be made soon. SSLV will meet the “launch on demand” requirements in a cost-effective manner for small satellites in a dedicated and ride-share mode. It is a 3-stage all solid vehi

Dams on Brahmaputra River Cleared in China's 5-Year Plan

A draft of 14th China’s new Five-Year Plan (2021-2025) has permitted first dams to be built on the lower basin of Yarlung Zangbo river (Brahmaputra’s name in Tibet), before it flows into India. It calls for building a hydropower base on the lower reaches of Yarlung Zangbo river

External Sector

External Trade  COVID-19 pandemic led to a sharp decline in global trade, lower commodity prices and tighter external financing conditions with implications for current account balances and currencies of different countries. •         &nbs

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