Modernization plan of Central Warehouse Corporation

Recently Min of Food Supplies talked about modernizing Central Warehousing Corporation and improving its storage capacities.

Other modernizing aspects that were talked about were:

• • doubling its warehouse storage capacity by end of the year 2023 and achieving a turnover of Rs 10000 crore

• • tariff rationalization and setting of warehouses should be done independently by CWC without any bureaucratic interference

• • He said that maximum powers of decision-making for operations should be delegated to the CWC. He also asked CWC to focus on building cold chain storage in the country on a priority basis.

• • Safety Audit for fire, earthquakes burglary and accidents in all warehouses regularly.

• • build modern silos for wheat and rice storage all over the country, so that maximum grains could be stored in the country for longer periods.
  • build more cold chain facilities for storage Onion, Potato and Tomato in coordination with NAFED.  

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92% of Projects under PMAY-G Completed

Under the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), 92% target of completion has been achieved in the 1^st phase of the scheme i.e. from 2016-17 to 2018-19 with intended beneficiaries also coming down from 2.95 cr to 2.14 cr due to duplication and other incidences.

Rural Housing In India

• The public housing programme in the country started with the rehabilitation of refugees immediately after independence and since then, it has been a major focus area of the Government as an instrument of poverty alleviation.
• The rural housing programme, as an independent programme, started with Indira Awaas Yojana (IAY) in January 1996.
• Although IAY addressed the housing needs in the rural areas, certain gaps like non-assessment of housing The shortage, lack of transparency in the selection of beneficiaries, low quality of the house and lack of technical supervision, lack of convergence, loans not availed by beneficiaries and weak the mechanism for monitoring were identified by Comptroller and Auditor General (CAG) of India in 2014.
• To address these gaps in the rural housing program and in view of the Government’s commitment to providing “Housing for All’’ by the scheme 2022, IAY has been re-structured into Pradhan Mantri Awaas Yojana –Gramin (PMAY-G).

Pradhan Mantri Awas Yojana- Gramin

• PMAY-G aims at providing a pucca house, with basic amenities, to all houseless householders and those households living in kutcha and dilapidated houses, by 2022.
• The immediate objective was to cover 1.00 crore households living in kutcha houses/dilapidated houses in three years from 2016-17 to 2018- 19.
• The minimum size of the house has been increased to 25 sq. mt (from20sq.mt) with a hygienic cooking space. The unit assistance has been increased from Rs. 70,000 to Rs. 1.20 lakh in plain and from Rs75,000 to Rs 1.30 lakh in hilly states, difficult areas.
• The beneficiary is entitled to 90-95 person day of unskilled labour from MGNREGS.
• The assistance for the construction of toilets shall be leveraged through convergence with SBM-G, MGNREGS or any other dedicated source of funding. Convergence for piped drinking water, electricity connection, LPG gas connection etc. different Government programmers are also to be attempted.
• The cost of unit assistance is to be shared between Central and State Government in the ratio 60:40 in plain areas and 90:10 for North Eastern and the Himalayan States.
• To ensure that assistance is targeted at those who are genuinely deprived and that the selection is objective and verifiable, PMAY-G instead of selecting a beneficiary from among the BPL households selects beneficiary using housing deprivation parameters in the Socio-Economic and Caste Census (SECC), 2011 date which is to be verified by the Gram Sabhas.
• To address grievances in beneficiary selection an appellate process has also been put in place.
• Towards better quality of construction, setting up of a Nation Technical Support Agency (NTSA) at the national level is envisaged.
  1. One of the major constraints in quality house construction is the lack of a sufficient number of skilled masons.
  2. To address this, a pan-India training and certification programme of Masons has been launched in the States/UTs. This will, in addition, and career progression for rural masons.

• The beneficiary to be assisted by in-house construction with a bouquet of house design typologies inclusive of disaster resilience features the are suitable to their local geo-climatic conditions .
  1. This exercise will ensure that the beneficiary does not over-construct in the initial stages of house building which often results in an incomplete house or the beneficiary is forced to borrow money to complete the house.
• The programme implementation is to be monitored not only electronically, but also through community participation (Social Audit), Member of Parliament (DISHA Committee), Central and State Government officials, National Level Monitors etc.

First Meeting of BRICS Finance Ministers and Central Bank Governors

As 2021 BRICS Chair, India’s approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation and Consensus.

BRICS Finance Ministers and Central Bank Governors discussed the financial cooperation agenda set by India for 2021 - Global Economic Outlook and Response to COVID-19 pandemic, New Development Bank (NDB) Activities, Social Infrastructure Financing and Use of Digital Technologies, Cooperation on Customs related issues, IMF reforms, Fintech for SMEs and Financial Inclusion, BRICS Rapid Information Security channel and BRICS Bond Fund.

BRICS New Development Bank

• Because of the over domination of the USA and EU in IMF, BRICS in Fortaleza summit came up with New Development Bank as an alternative to IMF and WB. Made by Fortaleza declaration in 2014.
• 1st time talked in Delhi (4th Summit) but established in Fortaleza.
• President – K V Kamath. Headquarter in Shanghai.
• The purpose of the Bank is to mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries to complement the existing efforts of multilateral and regional financial institutions.
• NDB's Key areas of Operation are clean Energy, Transport infra, irrigation, sustainable urban development and economic cooperation.
• The NDB functions on a consultative mechanism among the BRICS members with all the member countries possessing equal rights.
• Contingent Reserve Arrangement (CRA) signed in 2014 Fortaleza Declaration at 6th BRICS summit.
  1. The BRICS CRA aims to provide short-term liquidity support to the members through currency swaps to help mitigate BoP crisis situation and further strengthen financial stability.
  2. It has a corpus of US $ 100 billion. It will also contribute to strengthening the global financial safety net and complement existing international arrangements (IMF).

India's Rising Supercomputing Capabilities

India is fast emerging as a leader in high-power computing with the National Super Computing Mission (NSM) boosting it to meet the increased computational demands of academia, researchers, MSMEs, and startups in areas like oil exploration, flood prediction as well as genomics and drug discovery.

• Completion in of Phase II of NSM in September 2021 will take the country’s computing power to 16 Petaflops (PF).
• Infrastructure planned in NSM Phase I has already been installed and much of Phase II will be getting in place soon. Phase III, initiated this year, will take the computing speed to around 45 Petaflops.

• PARAM Shivay, the first supercomputer assembled indigenously, was installed in IIT (BHU), followed by PARAM Shakti, PARAM Brahma, PARAM Yukti, PARAM Sanganak at IIT-Kharagpur IISER, Pune, JNCASR, Bengaluru and IIT Kanpur respectively.
• A 200 AI PF Artificial Intelligence supercomputing system has been created and installed in C-DAC, which can handle incredibly large-scale AI workloads increasing the speed of computing-related to AI several times.
• PARAM Siddhi - AI, the high-performance computing-artificial intelligence (HPC-AI) supercomputer, has achieved global ranking of 62 in TOP 500 most powerful supercomputer systems in the world

Indian astronomers from Aryabhatta Research Institute of Observational Sciences have tracked a rare supernova explosion and traced it to one of the hottest kind of stars called Wolf–Rayet stars or WR stars.  

The rare Wolf–Rayet stars are highly luminous objects a thousand times that of the Sun. They strip their outer hydrogen envelope which is associated with the fusion of Helium and other elements in the massive core.

Supernova

• A supernova is the explosive death of a star and often results in the star obtaining the brightness of 100 million suns for a short time.
• The extremely luminous burst of radiation expels much or all of a star’s material at a great velocity, driving a shock wave into the surrounding interstellar medium.
• These shock waves trigger condensation is a nebula paving the way for the birth of a new star ? if a star has to be born, a star has to die.
• A great proportion of primary cosmic rays comes from supernovae.

Supernovae can be triggered in one of two ways:

Type I supernova or Type Ia supernova

• Occurs when there is a sudden re-ignition of nuclear fusion on the surface of a degenerate white dwarf in a binary system.
• A degenerate white dwarf may accumulate sufficient material from a companion star to raise its core temperature, ignite carbon fusion, and trigger runaway nuclear fusion, completely disrupting the star.

The difference between Nova and Type I supernova

Type II supernova

• Type II supernova is a supernova that occurs by the gravitational collapse of the core of a massive star (mostly made of iron). E.g. Supernova of a red supergiant.

Importance of supernova: Creating and dispersing new elements

• When a star’s core runs out of hydrogen, the star begins to die out. The dying star expands into a red giant, and this now begins to manufacture carbon by fusing helium atoms.
• More massive stars begin a further series of nuclear burning. The elements formed in these stages range from oxygen through to iron.
• During a supernova, the star releases very large amounts of energy as well as neutrons, which allows elements heavier than iron, such as uranium and gold, to be produced.

In the supernova explosion, all of these elements are expelled out into space, and new stars are born out of this matter.