Kerala Affairs
TheKeralastate electricity boards (KSEB) efforts to steer itself clear of the mountinglosseshave been seriously hit with the second wave ofCovid-19pandemic. The revenue dues from various organizations that had dropped to Rs 1,388 crore by March 31, 2019, through an extensive drive, has shot up and reached Rs 2,936 crore by June 30 this year, marking an increase of Rs 1,548 crore in just two years.
As per the details of finances of the KSEB accessed by STOI, during the period of pandemic alone, the dues had increased by Rs 1,049 crore. Of the total dues, Rs 739.44 crore is from the Kerala water authority (KWA) alone. The KWA is supposed to pay Rs 27 crore every month to the KSEB. Though the dues of KWA were even more, the earlier dues were cleared by the government by splitting it into four instalments and allocating those in the state budget.
When it comes to the revenue earnings of the KSEB, even though 76% of the total consumers are domestic consumers, only 37.51% of the income comes from this category. This is primarily because the majority of domestic consumers are within the category of 1 to 250 monthly slabs, in which the Average bills are much lesser than the average cost of power supply, the finances show.
The Kerala state electricity regulatory commission had revised the power tariff four times since 2013-14, and the last time the power tariff was increased was in July 2019.
National and International Affairs
Tokenization for Mobiles, Laptops and Wearables
In 2019, RBI had accepted authorized card charge networks to provide card tokenization offerings to any token requestor (i.e., third-party app provider) thru mobile phones and tablets. Now RBI has prolonged the scope of tokenization to include purchaser devices laptops, desktops, wearables (wristwatches, bands, etc.), Internet of Things (IoT) devices, etc.
The permission for tokenization extends to a number channels [e.g., Near Field Communication (NFC) / Magnetic Secure Transmission (MST) primarily based contactless transactions, in-app payments, QR code-based payments, etc.] or token storage mechanisms (cloud, impenetrable element, trusted execution Environment, etc. The ultimate duty for the card tokenization offerings rendered rests with the licensed card networks.
Tokenization refers to the replacement of true card important points with a unique alternate code referred to as the token, which shall be special for a combination of card, token requestor, and device (referred hereafter as identified device).
It was launched by Union AYUSH minister, Sarbananda Sonowal.
On the occasion, several bouquets of activities and campaigns was launched by Ministry of Ayush to commemorate Azadi ka Amrit Mahotsav.
Apart from Y-Break App, a year-long campaigns like cultivation of medicinal Plants in farmland, distribution of medicinal plants to households and sensitisation of School & College going students on Ayush systems were launched.
This week-long activities & campaigns will start from August 30 to September 5.
These activities will be launched with the aim of reaching to remote areas in India and address all categories of our Population viz., children, old people, farmers and corporate.
Azadi ka Amrit Mahotsav is a series of events being organised to commemorate the 75thAnniversary of Indias Independence. Events are being organised by government of India and it will be celebrated as a Jan-Utsav in the spirit of Jan-Bhagidari.
First Sectoral Index of India
ndias first sectoral index in the Agri commodities basket i.e. GUAREX was launched through the (National Commodity and Derivatives Exchange Limited).
GUAREX is a fee primarily based sectoral index that tracks the movement in the futures contracts of guar gum sophisticated splits and guar seed on a real-time basis. This index product will provide a lot of possibilities to the price chain.
The weightage of guar seed and guar gum refined splits in the index will be sixty three per cent and 37 per cent, respectively. The index futures will be cash-settled. Initially, Guarex futures contracts expiring in September and October will be made handy for trading.
India is the worlds greatest guar producer accounting for 80-85 per cent of the output, while Rajasthan is the countrys top producer with 80 per cent market share. Guar seed was sown on 1.81 million hectares so far this year, down from 2.25 million hectares logged in the identical length closing year.
Renovated Complex of Jallianwala Bagh Smarak
PM Narendra Modi has dedicated to the state the renovated complex of Jallianwala Bagh Smarak in Punjabs Amritsar, to mark 102 years of the Jallianwala Bagh massacre.
The historical garden is a memorial of countrywide importance, preserved in the memory of infinite revolutionaries, sacrificers, fighters, who had been killed in the Jallianwala Bagh Massacre, which befell on the pageant of Baisakhi on 13 April 1919. Apart from this, PM Modi also inaugurated four museum galleries developed at the Smarak, to exhibit the historical fee of activities that unfolded in Punjab in 1919. The PM also introduced multiple improvement initiatives taken with the aid of the authorities to upgrade the complex.
MANTHAN Hackathon by BPR&D and AICTE
Bureau of Police Research & Development and <a href="https://exam.pscnotes.com/all-india-council-for-technical-Education“>All India Council for Technical Education (AICTE) will be launching MANTHAN 2021 on twenty sixth August 2021 at National Media Centre.
Hackathon MANTHAN 2021 is a unique country wide initiative (36-hour online hackathon with Prize cash really worth Rs. 40 Lakh and with two phases) to become aware of revolutionary principles and science Options for addressing the safety challenges of the twenty first century confronted by our talent agencies.
During this hackathon, chosen youths from schooling institutions across the country and registered start-ups will participate to provide strong, secure and high-quality technology solutions using their technical expertise and progressive skills.
G20 Conference on Women Empowerment
The 1st ever Ministerial Conference on Womens Empowerment was held at Santa Margherita Ligure, Italy. It was held in combined format i.e human beings participated in physical structure and with the aid of video conference also.
The Union Minister of Women & Child Development addressed the meeting on behalf of India. The Union Minister reaffirmed Indias dedication closer to addressing gender and women-centric troubles by mutual cooperation. The G20 Conference on Women Empowerment recounted the common goals and shared duties to enhance the dreams of Equality and improvement of girls and ladies in all spheres along with STEM, Financial and Digital Literacy, Environment and Sustainability.
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