•Government of India has launched a scheme for 100% solarisation of Konark sun temple and Konark town in Odisha.
[The scheme will meet all energy requirements of Konark town with solar energy.]
•It envisages setting up of the 10-MW grid connected solar project and various solar off-grid applications such as solar trees, solar drinking water kiosks and off-grid solar power plants with battery storage
•The Project will be taken up with a 100% Central Financial Assistance (CFA) support of around Rs. 25 Crores from Government of India through Ministry of New & Renewable Energy (MNRE)
•Implementation of this Project will be done by Odisha Renewable Energy Development Agency (OREDA)
•It will take forward the Prime Minister’s vision to develop the historical Sun temple town of Konark in Odisha as ‘Surya Nagri’
•Konark was built by King Narasimhadeva I of the Ganga Dynasty (1238-1264AD) in the 13th century and is located in Eastern Odisha near the sacred city of Puri.
[It was declared a UNESCO world heritage site in 1984]
Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs
•The scheme is expected to provide credit to the sector at a low cost, thereby enabling MSMEs to meet their operational liabilities and restart their businesses.
•Under the Scheme, 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. 3 lakh crore to eligible MSMEs and interested MUDRA borrowers.
•The credit will be provided in the form of a Guaranteed Emergency Credit Line (GECL) facility.
Pradhan Mantri Vaya Vandan Yojana (PMVVY)
•It is a Pension Scheme exclusively for the senior citizens aged 60 years and above.
•The Scheme can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this Scheme.
•Scheme provides an assured return of 8% p.a. payable monthly (equivalent to 8.30% p.a. effective) for 10 years.
•The scheme is exempted from Service Tax/ GST.
•Loan upto 75% of Purchase Price shall be allowed after 3 policy years (to meet the liquidity needs)
•Centre has made Aadhaar (the unique 12-digit biometric identity number) mandatory for subscribers of Pradhan Mantri Vaya Vandana Yojana (PMVVY)
【Union Cabinet has given its approval to the Extension of Pradhan Mantri Vaya Vandana Yojana (PMVVY) up to 31st March, 2023】
Scheme for formalization of Micro Food Processing Enterprises (FME)
•It is a Centrally Sponsored Scheme. Expenditure to be shared by Government of India and States at 60:40.
•Under the scheme 2,00,000 micro-enterprises are to be assisted with credit linked subsidy.
[Micro enterprises will get credit linked subsidy at 35 per cent of the eligible project cost with ceiling of Rs. 10 lakh]
•Scheme will be implemented over a 5-year period from 2020-21 to 2024-25
•The Scheme would be monitored at Centre by an Inter-Ministerial Empowered Committee (IMEC) under the Chairmanship of Minister, FPI
•Nearly eight lakh micro- enterprises will benefit through access to information, better exposure and formalization.
•It will enable them to formalize, grow and become competitive. [The project is likely to generate nine lakh skilled and semi-skilled jobs]
Pradhan Mantri Matsya Sampada Yojana (PMMSY)
•It aims to bring a blue revolution through sustainable and responsible development of the fisheries sector in India
[It also strives to create direct employment to 15 lakh fishers, fish farmers, etc. and about thrice this number as indirect employment opportunities]
•It also intends to augment fish production and productivity at an annual growth rate of 9% to achieve a target of 22 million metric tons by 2024-25.
[and double the incomes of fishers, fish farmers and fish workers by 2024]
•Scheme will be implemented during a period of 5 years from the Financial Year (FY) 2020-21 to FY 2024-25
•It has a total estimated investment of Rs 20,050 crore
Agappe Chitra Magna Kit for Covid-19
•It is a magnetic nanoparticle-based RiboNucleic Acid (RNA) extraction kit.
•It isolates RNA from the patient sample using magnetic nanoparticles.
•As SARS-COV-2, the causative virus of Covid-19 pandemic, is an RNA virus- a long single-stranded polymeric substance present in all living cells that carries the genetic information of the organism necessary for life.
•The kit can be used for RNA extraction for RT-LAMP, RT-PCR and other isothermal and Polymerase Chain Reaction (PCR) based protocols for the detection of SARS-COV-2.
【Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) in collaboration with Agappe Diagnostics Ltd. has commercially launched the Agappe Chitra Magna Kit for detection of Covid-19.】
•It is the sound associated with the shock waves created whenever an object travels through the air faster than the speed of sound.
•Sonic booms generate enormous amounts of sound energy, sounding similar to an explosion or a thunderclap to the human ear.
•When an airplane travels through the air, it produces sound waves. If the plane is traveling slower than the speed of sound (the speed of sound varies, but 700 mph is typical through air), then sound waves can propagate ahead of the plane.
[If the plane breaks the sound barrier and flies faster than the speed of sound, it produces a sonic boom when it flies past.]
•The boom is the “wake” of the plane’s sound waves. All of the sound waves that would have normally propagated ahead of the plane are combined together so at first you hear nothing, and then you hear the boom they create4