top of page

Current Affairs 09/08/2023

TRAI RELEASES RECOMMENDATIONS ON ‘INTRODUCTION OF DIGITAL CONNECTIVITY INFRASTRUCTURE PROVIDER (DCIP) AUTHORIZATION UNDER UNIFIED LICENSE (UL)



  • Prior to this, both the National Digital Communications Policy – 2018 and the Economic Survey 2022-23 emphasized the importance of a robust digital infrastructure.

  • Digital Connectivity Infrastructure (DCI) is significant.

  • Financial services and services such as e-governance, telemedicine, entertainment, and online e-commerce depend on it for economic development.

  • Facilitating the rapid adoption of cutting-edge technologies such as artificial intelligence (AI), blockchain, the Internet of Things (IoT), and the success of Industry 4.0.

  • Implementing various government programs such as Digital India, Make in India, Ayushman Bharat Digital Mission (ABDM), Smart City development, etc.

  • Principal recommendations of TRAI

  • Creation of a new license category dubbed Digital Connectivity Infrastructure Provider (DCIP) under UL for the development of both active (such as antennas and backhaul connectivity) and passive (such as telecom towers) DCI.

  • UL offers authorizations by service, in which licensees build networks and use them to provide services.

  • Expanding the application of DCIP to the establishment of all Wireline Access Networks, Radio Access Networks (RAN), Wi-Fi systems, transmission connections, and so on.

  • DCIP Licensees may share infrastructure with other UL licensees and ISPs (but not with other DCIP Licensees).

CAG RELEASED AN AUDIT REPORT ON AYUSHMAN BHARAT - PM JAN AROGYA YOJANA (PMJAY)



  • PMJAY seeks to provide a health cover of 5 lakhs per family per year for secondary and tertiary hospitalization to over 12 crore vulnerable and poor families.

  • Major conclusions

  • Identification and registration of beneficiaries: only about 73% of targeted households are beneficiaries.

  • Errors such as invalid names and duplicate IDs are identified, among others.

  • Hospital accreditation and administration: Empanelled Health Care Providers (EHCPs) are charging for services, and they lack infrastructure and biomedical waste management, among other things.

  • Management of claims: duplication of recipients with state-sponsored programs, excess payments to EHCPs, insufficient validation checks, etc.

  • Financial management: release of excess grants to some states, diversion of funds, failure to comply with PFMS (Public Financial Management System) monitoring of expenditures, etc.

  • Numerous states have deemed District Implementing Units, State Grievance Redress Committees, etc. unconstitutional.

  • Approximately 10% of the complaints were resolved within the allotted time frame.

  • Advisory Opinions

  • There should be validation tests in place to improve the accuracy and dependability of the data.

  • Motivate additional private hospitals to join the Scheme.

  • Effective review of the claims processing and payment procedures.

  • Ensure the establishment of District Implementing Units in each District.

STANDING COMMITTEE ON PERSONNEL, GRIEVANCES, LAW, AND JUSTICE HAS TABLED THE REPORT ON “JUDICIAL PROCESSAND THEIR REFORMS”



FITCH DOWNGRADES US CREDIT RATING



  • US government's credit rating has been downgraded following concerns over the country's finances and debt burden.

  • Credit ratings are forward-looking opinions on relative ability of an entity to meet its financial commitments, i.e., credit risk or relativecreditworthiness of a borrower.

  • Sovereign Credit Ratings(SCR) represent an assessment of a country's or sovereign entity's ability to meet debt obligations.

  • Global credit rating is dominated by S&P, Moody’s, and Fitch rating agencies.

  • Importance of SCR: Facilitates borrowing from global capital markets,attracts foreign investment, assesses the country’s economic and political environment etc.

  • A downgrade in the rating indicates that the risk of default is higher than what was earlier predicted, and it affects investors’ confidence,increases borrowing costs, causes isolation from international capitalmarket etc.

  • However, several nations, including India, have questioned grading by global credit rating agencies, citing reasons like:

  1. Lack of transparency on methodologiesfollowed by rating agencies.

  2. Inadequately capturing the economy’s fundamentals.

  3. Biased against emergingeconomies.

SEBI regulates domestic credit rating agencies (CRISIL, ICRA, CARE etc.).

STANDING COMMITTEE ON ENERGY SUBMITTED A REPORT ON TIDAL POWER DEVELOPMENT IN INDIA



  • Committee identified three main types ofOcean Energy i.e.,Wave, Tidal, and Ocean-Thermal.

The total identified potentialof tidal energy is about 12,455 MW, with potential locationsidentified at Khambhat & Kutchregions, and largebackwaters, where barragetechnology could be used.

  • KeyFindings

Reassess the tidal power potentialin order to explore the implementable plan.

Engage in demonstration/pilot tidalpower projects so that the feasibility of commercial generation of tidal powercan be explored.

  • TidalEnergy

It is a form of power produced by the naturalrise and fall of tidescaused by the gravitational interaction between the Earth, the sun, and the moon.

  • There are currently threedifferent ways to get tidalenergy:

Tidal barrages (dam-likestructures), Tidal lagoons(partly enclosed barrier),and a Tidal stream (fast-flowing body of watercreated by tides).


Significance: Reduce the dependence upon fossil fuels, energy capturingand conversion mechanisms may help protectthe shoreline.

ALSO IN NEWS



Interpol Global Academy Network (IGAN)



CBI Academy becomes a memberof IGAN.

Launched in 2019, IGANsupports academic collaboration among law enforcement training institutions across the world.

International Criminal PoliceOrganization (Interpol) is an inter-governmental organization which helps policein all membercountries to worktogether to make world a safer place.

Members: 195 (India is a member since1949).



Compulsory Convertible Debentures (CCD)



Foreign investors from Mauritius, Cyprusand Singapore are issued noticesfor gains frominvestment in CCDsissued byIndian companies.

CCD are debentures with an underlying characteristic of compulsory conversion into equity

after a certain period of time.

CCDs are a type of hybrid instrument, i.e. it is neither considered a pure debt nor pure equity. CCDs include a convertibility feature which actsas an incentive for the investors over and

above the interest income.




Software as a Service (SaaS)



As perindustry projections, SaaS in India is expected to reach $ 50 billion by 2030. SaaS

It is a cloud-based software delivery model in which the cloud provider develops and maintains cloud application software.

e.g., email services, office tools like MS Office 365, cloud-based data storage like Google Drive, etc.

Softwareis made available to consumers via the Internet on a pay-as-you-go basis. Benefits: reduced costsfor customers, easydeployment, and scalability for businesses.



Special skill initiative for North-East Region



Recently, a special initiative of ”TransformingLives - Building Futures: Skill and EntrepreneurshipDevelopment in North-East” was launched.

It will include:

Skill training under the PM Kaushal Vikas Yojana (PMKVY) and Jan Sikshan Sansthan (JSS) Apprenticeship engagement

Quality Enhancement of ITIs Strengthening of Polytechnics

Skill IndiaInternational Centre to be set up to promote overseas job opportunities.




’Bhagwa’ Pomegranate



APEDA facilitated the export of thefirst trial shipment of ’Bhagwa’ pomegranate to the USA in collaboration with NPPO.

’Bhagwa’(Saffron-colored )Pomegranate

High anti-oxidant content and superfruit characteristics

Solapur (Maharashtra) contributes almost 50% of pomegranate export from India.

Agricultural and Processed Food Products ExportDevelopment Authority (APEDA) is a statutory body under theAPEDA Act, 1985.

It is an apex-Export TradePromotion authority 'foragro-commodities'. National PlantProtection Organization (NPPO)

Directorate of PlantProtection, Quarantine andStorage is the national NPPO of India. It undertakes all phytosanitary responsibilities for the exportof agro-commodities.



Mission Indradhanush (MI)



As per latest data,6 States/UTs haveachieved 100% FullImmunization Coverage (FIC)whereas 17 Stateshave achieved FICof more than90%.

MI waslaunched in 2014 as a special driveto vaccinate all unvaccinated and partially vaccinated children under Universal Immunization Programme (UIP).

Vaccines against 12 life-threatening diseases such as Tuberculosis, Diphtheria, Pertussis, Tetanus, Polio, Hepatitis B etc. areprovided.

Intensified IMI 4.0 was conducted in 416 high-focusdistricts across Indiain 2022.



Maya Operating System (OS)



Amid increasing cyber and malware attacks on defenceas well as critical infrastructure, Ministry of Defence to replace Windows OS with Maya OS.

New OS is based on an open-source platform Ubuntu.

Unlike proprietary software, everyone has the freedom to edit, modify and reuse open-source code.

In addition, an end-point detection and protection system, Chakravyuh, is also beinginstalled in these systems.



International Day of the World's Indigenous Peoples



Also knownas World TribalDay, It is observed everyyear on August 9 to promoteand protect therights of indigenous populations around the world.

indigenouspeople make up less than 5% of the globalpopulation, they are responsible for 15% ofthe world's poorest people.

Date marksthe day of the first meeting, in 1982, of UN WorkingGroup on Indigenous Populations of the Sub-Commission on the Promotion and Protection of Human Rights.



Personalities in news



Sri Aurobindo Ghose

He was a 20th-century Bengalipoet, philosopher, spiritual leader, and revolutionary freedom fighter.

Political Contribution: He helped in establishing Anushilan Samiti in 1902,arrested in the Alipore Conspiracycase in 1908.

First principal of the NationalCollege in Calcutta (1906).

Literary Contribution: StartedBande Mataram (English Daily), Karmayogin (Englishnewspaper), and Dharma (Bengali Weekly.

SpiritualContribution: Established Aurobindo Ashram in 1926 along with Mirra Alfassa. MirraAlfassa founded Auroville- a spiritual commune/township in Tamil Nadu.

Values: Rationalism and Determination.

Comments


bottom of page