- April 9, 2018
- Posted by: Vinoba
- Category: All Posts, April 2018
Assam’s Spring Festival begins in Manas National Park
The aim of the event is to promote the local food and culture of the fringe villagers. It is an attempt to create a model of alternative livelihood through food, handloom and culture
- The mantra of 3R – Reduce, Reuse and Recycle – Is at the heart of any vision towards the sustainable development of mankind
The mantra of 3R – Reduce, Reuse and Recycle- is at the heart of any vision towards the sustainable development of mankind.
- All stakeholders –producers, consumers and the State alike must adhere to this golden principle which can contribute significantly in solving the twin challenges of waste management as well as the sustainable development.
- The Eighth Regional 3R Forum in Asia and the Pacific is all set to commence in Indore from 9 to 12 April 2018 with an overall theme of “Achieving Clean Water, Clean Land and Clean Air through 3R and Resource Efficiency – A 21st Century Vision for Asia-Pacific Communities”
- The Eighth Regional 3R Forum will see participation of around 40 mayors of cities around the world and mayors of more than 100 cities across India.
- The highlight of the event will be a series of sessions with mayors focusing on sustainable urban development and forging of inter-municipal partnerships and cooperation at the national and international level.
- The signing and subsequent adoption of the ‘Indore 3R Declaration on Achieving Clean Water, Clean Land and Clean Air’ in cities by mayors and city authorities is the major expected outcome of the event.
3R FORUM: Aims and Objectives
- The Forum aims to address how 3R and resource efficiency measures can provide complementary benefits in making cities and countries clean, smart, liveable and
- The Forum also aims to generate policy-level, institutional level and technological insights towards effective implementation of 3R and resource efficiency to foster circular economic development, sustainable change in current use of natural resources and ultimately achieve a zero waste
- In addition, the Forum seeks to engage the public and private sector to explore various partnership opportunities in areas of 3R and waste management for moving towards a zero waste
- The Forum further provides an opportunity to establish insightful linkages between the principles of 3R and resource efficiency and the objectives of Swachh Bharat Mission (Clean India Mission).
- Through this Forum, India aims to strengthen this focus through its ‘Mission Zero Waste’ approach thereby encouraging cities, industries and other diverse stakeholders to see look at waste as a resource.
The Eighth Regional 3R Forum in Asia and the Pacific is hosted by the Ministry of Housing and Urban Affairs, Government of India, and co-organized by the Ministry of the Environment, Government of Japan, and the United Nations Centre for Regional Development of the Division for Sustainable Development /United Nations Department of Economic and Social Affairs.
- India, Nepal decide to develop inland waterways for cargo movement
Source: The Hindu
- India and Nepal on Saturday agreed to boost cooperation in the connectivity sector as the two sides decided to develop inland waterways for cargo movement, within the framework of trade and transit arrangements.
- This new initiative would enable cost-effective and efficient movement of cargo.
- The prime minister of Nepal noted the enormous impact the additional connectivity would have on the growth of business and economy of Nepal.
3.Government to launch Gobardhan Yojana nationally from Haryana
Source: The Hindu
Central Government’s ‘Gobardhan Yojna’, a scheme for managing and converting cattle dung and solid waste into manure and biogas, will be launched nationally from Karnal, Haryana on April 30, 2018.
Government to launch Gobardhan Yojana nationally from Haryana
- Word ‘Gobar’ in ‘Gobardhan Yojna’ is to be referred as abbreviation of Galvanising Organic Bio Agro Resources.
- This scheme was announced by Finance Minister Arun Jaitley while presenting Union Budget 2018.
- Under this scheme, bio-gas plants will be set up at individual or community level and also at the level of Self Help Groups and NGOs like Gaushalas.
- Funds required to set up bio-gas plants will be provided by central and state governments in the ratio of 60:40.
- Generating energy by converting cattle dung and solid agricultural waste into compost and biogas will also ensure cleanliness in villages.
- Government has set a target to cover nearly 700 districts under the scheme during 2018-19.
- NPA crisis: 11 public sector banks under RBI scanner; check full list
Source: Indian Express
Eleven public sector banks are under the radar of the Reserve Bank of India (RBI) over the issue of non-performing assets. These banks have been brought under the central bank’s Prompt Corrective Action (PCA) framework with an aim to check NPAs
What is PCA?
- PCA, which stands for Prompt Corrective Action, generally restricts lending activities of the banks, according to the report.
- The RBI had come out with a more stringent PCA framework in April 2017 to turn around lenders with weak operational and financial metrics.
- Banks under this framework are restricted from opening new branches, staff recruitment and increasing the size of their loan book depending on the risk thresholds set in PCA rules.
- Apart from these, banks are directed to disburse loans only to those companies whose borrowing is above investment grades.
- The RBI enforces these guidelines to ensure banks do not go bust and follow prompt measures to put their house in order
Impact on industry
- Small and medium enterprises will have to bear the brunt due to this move by RBI.
- Since the PCA framework restricts the amount of loans banks can extend, this will definitely put pressure on credit being made available to companies especially the MSMEs. Large companies have access to the corporate bond market so they may not be impacted immediately.
- It has been predicted that if more state-owned banks are brought under PCA, it will impact the credit availability for the MSME segment.
- Experts have said that it will take a minimum of 6-9 months for these banks to report any noticeable improvement in the key regulatory indicators, which may help them come out of PCA.
5. Parker Solar Probe
Source: The Hindu
NASA’s Parker Solar Probe — humanity’s first mission to the Sun
Parker Solar Probe, has begun final preparations for its launch in July. After launch, it will orbit directly through the solar atmosphere – the corona – closer to the surface than any human-made object has ever gone.
- The spacecraft was flown by the US Air Force to Florida, where it will continue testing, and eventually undergo final assembly and mating to the third stage of the Delta IV Heavy launch vehicle. After launch, it will orbit directly through the solar atmosphere — the corona — closer to the surface than any human-made object has ever gone.
- While facing brutal heat and radiation, the mission will reveal fundamental science behind what drives the solar wind, the constant outpouring of material from the Sun that shapes planetary atmospheres and affects space weather near Earth.
Parker solar probe:
- NASA’s historic Parker Solar Probe mission will revolutionize our understanding of the sun, where changing conditions can propagate out into the solar system, affecting Earth and other worlds. Parker Solar Probe will travel through the sun’s atmosphere, closer to the surface than any spacecraft before it, facing brutal heat and radiation conditions — and ultimately providing humanity with the closest-ever observations of a star.
- In order to unlock the mysteries of the sun’s atmosphere, Parker Solar Probe will use Venus’ gravity during seven flybys over nearly seven years to gradually bring its orbit closer to the sun. The spacecraft will fly through the sun’s atmosphere as close as 3.9 million miles to our star’s surface, well within the orbit of Mercury and more than seven times closer than any spacecraft has come before.
- The primary science goals for the mission are to trace how energy and heat move through the solar corona and to explore what accelerates the solar wind as well as solar energetic particles.
Parker Solar Probe has three detailed science objectives:
- Trace the flow of energy that heats and accelerates the solar corona and solar wind.
- Determine the structure and dynamics of the plasma and magnetic fields at the sources of the solar wind.
- Explore mechanisms that accelerate and transport energetic particles.