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Also in News
Posted 03 Aug 2024
8 min read
Sovereign Green Bond
Second sovereign green bond (SGrB) auction of current financial year (FY25) received low response as traders refused to pay greenium.
- Greenium refers to pricing benefits based on logic that investors are willing to pay extra/accept lower yields for sustainable impact.
About SGrB:
- Green bonds are used to finance or refinance eligible green projects, resulting in environmental benefits.
- Union Budget 2022-23 announced SGrB for mobilising resources for green infrastructure.
- Framework for the SGrBs was issued by the government in 2022.
- Tags :
- Sovereign Green Bonds (SGrBs)
- Greenium
Schistura Sonarengaensis
Recently a new species of loach fish has been found in Sonarenga, Nakama, and Chiabol caves of Meghalaya’s South Garo Hills district.
About Loach fish:
- These are small elongated freshwater fishes of family Cobitidae and are native to central and southern Asia.
- Usually nocturnal fishes that inhabit both still and flowing waters.
- Use their barbels(Sensory Organs) to comb the bottom for worms, larvae, and other food.
About Schistura Sonarengaensis
- Morphological Features: Prominent eyes & dull white or pale-beige body.
- Distinction: They are not blind like other cave species found in Jaintia and Khasi Hills.
- Tags :
- Schistura sonarengaensis
- Loach fish
World Trade Statistics 2023
The WTO issued “World Trade Statistics 2023”.
Highlights of World Trade Statistics 2023 on Agriculture Export
- The top 5 exporters were EU> US> Brazil> China> Canada.
- Collectively, the top ten exporters represented a 71.9% share of world exports in 2023.
- India was the 8th largest exporter.
- India’s exports worth $51 billion constituted 2.24% of agriculture exports in 2023.
- Tags :
- WTO
- Agriculture Export
FASTag
New FASTag rules to link it with Vehicle registration and mobile number came into effect from August 1, 2024.
About FASTag:
- Device that employs Radio Frequency Identification (RFID) technology for making toll payments directly while the vehicle is in motion.
- Technology uses radio waves to identify objects by reading information contained in wireless tag from a distance.
- Flagship programme of Ministry of Road Transport and Highways & NHAI.
Benefits:
- Operationalizes National Electronic Toll Collection (NETC) program with nationwide interoperability.
- Reduces congestion and cash handling at toll plazas.
- Tags :
- FASTag
- RFID technology
- NETC)
Surrogate Advertisement
Ministry of Health asked Sports Authority of India and BCCI to prevent surrogate advertisement of tobacco/alcohol by sportspersons.
Surrogate advertising
- It involves advertising a product that cannot be advertised openly due to legal restriction.
- Advertisers create ads that help in building a brand, and without naming the actual product that is being indirectly advertised. For example, a Tobacco company selling stationary products.
- These advertising came into India after the Cable Television Networks (Regulation) Act, 1995 and its rule banned direct liquor, tobacco and cigarette advertisement.
- They are banned under the Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022.
- Tags :
- Misleading Advertisements
- Surrogate Advertising
MARITIME PARTNERSHIP EXERCISE (MPX)
Recently Indian Naval Ship Tabar participated in maritime Partnership Exercise (MPX) between India and Russia.
- Tags :
- India-Russia
- MARITIME PARTNERSHIP EXERCISE
Articles Sources
Global Alliance for Improved Nutrition (GAIN)
GAIN, launched a report titled ‘The Case for Investment in Nutritious Foods Value Chains: An Opportunity for Gender Impact’.
- Report calls for nutrition investments in the agri-food sector which can reduce gender inequalities, increase productivity and enhance business resilience.
About GAIN
- Swiss-based Non-governmental Organization launched at the United Nations in 2002 to tackle the human suffering caused by malnutrition.
- Supports public-private partnerships to increase access to the missing nutrients in diets.
- Tags :
- United Nations
- Global Alliance for Improved Nutrition
- GAIN
Axiom Mission 4 (Ax-4)
India selected Shubhanshu Shukla and Prasanth Balakrishnan Nair (Group Captains in the IAF) for Axiom-4 mission.
- They will train in U.S. and experience gained during the mission will be beneficial for human space programme.
Axiom Mission 4 (Ax-4)
- It is the fourth private astronaut mission of NASA and a private US company Axiom Space.
- It is expected to dock with the International Space Station (ISS) for fourteen days.
- Axiom Space has contracted SpaceX as a launch provider.
- Tags :
- ISRO
- NASA
- Axiom mission
- Ax-4
Articles Sources
News Today (Aug 03, 2024)