Facts in News

                                      Facts in News

Regulations Review Authority (RRA) 2.0

• It has been set up by the Reserve Bank of India (RBI).
• It will have validity for a period of one year from 1st May 2021, unless its tenure is extended by the RBI.
• A similar authority (RRA 1.0) was set up by the RBI in April 1999 for one year for reviewing regulations, circulars, reporting systems based on the feedback from public, banks and financial institutions.
• Mandate
  • Review regulatory prescriptions internally as well as by seeking suggestions from RBI-regulated entities.
  • Make supervisory instructions more effective by removing redundancies and duplications.
  • Reduce compliance burden on regulated entities by streamlining the reporting mechanism.
  • Obviate paper-based submission of returns wherever possible.
  • Examine and suggest the changes required in the dissemination process of RBI circulars/instructions.

RO-PAX Jetty Project

• The Ministry of Ports, Shipping and Waterways have been developing RO-PAX Jetty projects at various coastal locations across the country under the Sagarmala Initiative.
• Ro-Pax is an acronym for roll-on/roll-off a passenger. It is a ro-ro vessel built for freight vehicle transport with passenger accommodation.
• Jetty is a long, narrow structure that protects a coastline from the currents and tides. Jetties are usually made of wood, earth, stone, or concrete. They stretch from the shore into the water.
• Benefits
  • RO-PAX helps in reducing the travel time by providing connectivity between banks and thus reducing the distance.
  • Substantial impact on the logistics of small-scale industries of the region and results in a huge savings.
  • Jetties will promote river cruise tourism, generate local employment and also generate growth for local business.

Heparin Induced Thrombocytopenia (HIT)

• It is an immune mediated adverse drug reaction caused by the emergence of antibodies that activate platelets in the presence of heparin.
  • Heparin is an anticoagulant or blood thinner which prevents the formation of blood clots.
  • It is used to treat and prevent blood clots caused by certain medical conditions or medical procedures and is also used before surgery to reduce the risk of blood clots.
• It is the most important and most frequent drug?induced type of thrombocytopenia and is associated with significant morbidity and mortality if unrecognised.
  • Thrombocytopenia is a condition in which one has  a low blood platelet count.

Mettur-Sarabanga Lift Irrigation Project

• The southern bench of the National Green Tribunal has allowed the Tamil Nadu government to proceed with the Mettur-Sarabanga lift irrigation project and has dismissed an application filed by a former DMK MP, seeking a stay on the project.
• The project is being implemented at an estimated cost of Rs 565 crore in the Salem district and would benefit 4,238 acres upon completion.
• Objectives
  • To utilize flood surplus water from Mettur reservoir by pumping and linking with the Sarabanga river minor basin, to feed the existing 100 tanks and ponds and supply channels in Edapadi, Sankari, Mettur and Omalur taluks of Salem for irrigation facilities.
  • These areas are mainly dependent on rainwater for meeting the water needs both for drinking and irrigation.

River Sarabanga

• River Sarabanga is located in the state of Tamil Nadu in Salem & Namakkal
• District.
•  It originates from Shevaroy Hills (Yercaud foothills) in the Salem district.
• The River Sarabanga flows through Danishpettai, Poosaripet, Omalur, Thoppur,
• Tharamangalam, T.Konagapadi, Pappampadi, Vellalapuram,Idappadi, Chettipatti,
• Peramachipalayam,Thevur and joins in the River Cauvery near Annamar Kovil
• before flowing into the Bay of Bengal.
• The River Sarabanga is not a Perennial River.

Konyak Community

• The Konyak are a Naga people and are recognised among other Naga by their tattoos, which they have all over their face and hand.
  • The facial tattoos were earned for taking an enemy’s head.

•  They have the largest population among the Nagas.
• The Konyaks can be found in the Mon district of Nagaland, India and in Myanmar, in the Tirap and Changlang districts of Arunachal.
• The Konyak language belongs to the Northern Naga sub-branch of the Sal subfamily of Sino-Tibetan.

Characteristics

• They are known as headhunters of North East India.
•  In the recent past, they were known as war loving and often attacked nearby villages of other tribes taking the heads of opposing warriors as trophies to hang in the Morong (a communal house).
• The number of heads indicated the power of a warrior and the tribe and became a collective totem.

Deen Dayal Upadhyaya Kaushalya Yojana (DDU-GKY)

• The Ministry of Rural Development (MoRD) announced the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) Antyodaya Diwas, on 25th September 2014. DDU-GKY is a part of the National Rural Livelihood Mission (NRLM).
• It is a nationwide placement-linked skill training program.
• The program is currently being implemented in 27 States and 3 UT

Focus Rural youth between the ages of 15 and 35 years from poor families.

Objectives

• To add diversity to the incomes of rural poor families and cater to the career aspirations of rural youth.