Today’s Current Affairs: 9th Jun 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Table of Contents
‘Antardrishti’ : Financial Inclusion Dashboard
The Reserve Bank of India Governor launched a financial inclusion dashboard named ‘Antardrishti’.
- Antardrishti dashboard provides the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data.
- It will also make it possible to assess the degree of financial exclusion at a local level across the nation so that such places may be addressed.
- Financial Inclusion aimed to provide access to affordable and appropriate financial products and services, such as savings accounts, credit, insurance, and payment systems.
- The Reserve Bank has been promoting financial inclusion through various policy initiatives.
- To measure the extent of financial inclusion the central bank had constructed the Financial Inclusion (FI) Index in 2021.
- It is based on three dimensions of financial inclusion — ‘Access’, ‘Usage’ and ‘Quality’.
- The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.
Fifth State Food Safety Index:
The union Health Minister released the fifth State Food Safety Index in New Delhi.
- Among the large state category: Kerala is the top-ranking state followed by Punjab and Tamil Nadu.
- Among the small states category: Goa is the top-ranking state followed by Manipur, and Sikkim in the Small States category.
- Among the Union Territories category: Jammu and Kashmir, Chandigarh, and Delhi
- The Index is an annual assessment released by the Food Safety and Standards Authority of India (FSSAI).
- It was started in 2018-19 and serves as a tool to propel States and Union Territories to enhance their performance and establish robust food safety ecosystems within their jurisdictions
- This index is based on the performance of the State/ UT on five significant parameters, namely, Human Resources and Institutional Data, Compliance, Food Testing – Infrastructure and Surveillance, Training & Capacity Building and Consumer Empowerment.
- The Index is a dynamic quantitative and qualitative benchmarking model that provides an objective framework for evaluating food safety across all States/UTs.
Trade Receivables Discounting System (TReDS) Platform : RBI
The Reserve Bank on Wednesday expanded the trade receivables discounting system (TReDS) by permitting insurance companies to function as participants.
- Trade Receivables Discounting System (TReDS) platform is an electronic platform for facilitating the financing/discounting of trade receivables of Micro, Small, and Medium Enterprises (MSMEs) through multiple financiers.
- These receivables can be due from corporates and other buyers, including Government Departments and Public Sector Undertakings (PSUs).
- Purpose is to allow MSME sellers to discount invoices raised against major corporations, which helps them manage their working capital demands.
- The platform enables MSMEs to receive payments more quickly.
- RBI has not made it compulsory for any buyer, seller, or financier to participate in TReDS.
- The Government has made it compulsory for certain segments of companies to mandatorily register as buyers on the TReDS platform(s).
Kilauea Volcano : Erupted Recently
The Kilauea volcano on Hawaii’s Big Island erupted recently, according to an advisory from the U.S. Geological Survey (USGS).
- Kilauea Volcano is the youngest and most active Hawaiian shield volcano, located on the southern part of the Island of Hawaii, known as Big Island.
- It is near-constantly erupting from vents either on its summit (caldera) or on the rift zones.
- Kilauea has a large summit caldera with a central crater, Halemaumau, which is according to Hawaiian legends the home of the fire goddess Pele.
- Shield volcanoes are a type of volcano that tend to erupt basalt lava, a type of lava that is very fluid when erupted.
- Although shield volcanoes are the largest volcanoes on Earth, they do not form soaring mountains with conical peaks like composite volcanoes.
Minimum Support Price (MSP) For Kharif Crops : 2023-2024
The Indian government has approved the Minimum Support Price (MSP) for kharif crops for the 2023-24 season, aiming to provide fair remuneration to farmers.
- However, concerns have been raised by farmers’ organisations regarding the increase not keeping up with rising input costs.
- The Centre claimed that the hike in MSP for kharif crops for 2023-24 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times the All-India weighted average cost of production.
- The MSP has been hiked for all 14 kharif crops in the range of 5.3 to 10.35 %. In absolute terms, it has been increased by Rs 128 to Rs 805 per quintal.
- Green gram (moong) got the highest hike of 10.4% over 2022-23 followed by sesamum that saw an increase of 10.3%.
- Kharif crops are the crops that are sown in the rainy season, from June to September.
- Some of the major kharif crops are paddy, maize, millets, pulses, oilseeds, cotton and sugarcane.
- Kharif crops account for about 55% of the total foodgrain production in India.
Commando Battalion For Resolute Action (CoBRA) : Change In The Training Pattern
The Central Reserve Police Force (CRPF) is now considering a change in the training pattern of the elite anti-Naxal unit Commando Battalion for Resolute Action (CoBRA).
- Commando Battalion for Resolute Action (CoBRA) is a specialized force which has been raised for guerilla/jungle warfare type operations for dealing with Maoist and therefore also known as ‘jungle warriors’.
- Personnel for CoBRA are selected from CRPF as CoBRA is integral part of CRPF.
- They undergo rigorous commando & jungle warfare training before being posted to CoBRA BNs for anti-Naxal operations.
- In all there are 10 CoBRA Units Raised between 2008-2011.Most of its 10 battalions are deployed for anti-Naxal operations in Chhattisgarh and Jharkhand apart from some units tasked for counter-insurgency operations in the northeastern part of the country.
Central Reserve Police Force (CRPF):
- It is the premier central police force of the Union of India for internal security.
- It functions under the authority of the Ministry of Home Affairs (MHA) of the Government of India.
- Originally constituted as the Crown Representative Police in 1939, it is one of the oldest Central para military forces (now termed as Central Armed Police Force).
Ground-Level Ozone Exceeding The National Standards:
According to a new analysis by the Centre for Science and Environment (CSE), parts of the Delhi-NCR region witnessed ground-level ozone exceeding the national standards on 87 out of 92 days between March and May in 2023.
- The analysis, based on data from the Central Pollution Control Board (CPCB), highlights the duration and geographical spread of Ozone Pollution, its impact during different seasons, and the underlying causes.
- While ground-level ozone pollution in Delhi-NCR was lower in 2023 compared to the past five years, the duration of its exceedance has increased.
- This phenomenon is of concern as elevated ozone levels persist even hours after sunset, contrary to expectations.
- This summer, at the stations which reported exceedance the rolling 8-hr average stayed above standard for 4.9 hours on average, which is up from 4.6 hours observed last summer.
- The WHO Air Quality Guidelines for ambient (outdoor) ozone is 100 μg/m3 (~50 ppb) measured as 8-hr maximum moving average within a day.
- Ozone pollution is not limited to specific seasons. Even during winter months, when cold and foggy conditions inhibit ground level ozone formation, Delhi-NCR experienced excess ozone levels on multiple days in January 2023.
- Ozone levels exceeded the standard at multiple stations on 26 days in January 2023.
- New Delhi and South Delhi areas were the most affected by ground-level ozone pollution.
- Ground-level ozone, also known as Tropospheric ozone, is a colorless and highly irritating gas that forms near the Earth’s surface, typically within two miles above the ground.
- Ground-level ozone is not directly emitted from any specific source.
- It is formed through complex interactions between Nitrogen Oxides (NOx), Volatile Organic Compounds (VOCs), and carbon monoxide emitted from vehicles, power plants, factories, and other combustion sources.
- These compounds undergo cyclic reactions in the presence of sunlight to generate ground-level ozone.
Homo Naledi : Study
A study has been published, which suggests that Homo Naledi, an ancient human species, may have buried their dead and created meaningful symbols in a cave.
- However, these claims have sparked controversy within the scientific community.
- Homo Naledi is a species of human discovered in the Rising Star cave system, a UNESCO World Heritage Site in South Africa in 2013.
- The remains of at least 15 individuals, including adults, juveniles, and infants, were found, making it the largest collection of a single hominin species in Africa.
- Homo naledi exhibits a combination of primitive and modern features and is not a direct ancestor of modern humans.
- These short-statured, small-brained ancient cousins are thought to have lived in Southern Africa between 335,000 and 241,000 years ago (possibly up to 2 million years ago).
World Ocean Day 2023:
World Oceans Day is celebrated every year on 8 June to create awareness among people regarding the significance of oceans, and the importance of preserving and conserving oceanic resources.
- “Planet Ocean: tides are changing,” is the theme for World Oceans Day 2023.
- The ocean covers over 70% of the planet.
- The ocean produces at least 50% of the planet’s oxygen, it is home to most of earth’s biodiversity, and is the main source of protein for more than a billion people around the world.
- The ocean is also key to our economy with an estimated 40 million people being employed by ocean-based industries by 2030.
- Even with all its benefits, the ocean is now in need of support.
- With 90% of big fish populations depleted, and 50% of coral reefs destroyed, we are taking more from the ocean than can be replenished.