1. Exhibition cum sale event ‘the Pankha’ (Hand-Fans)
- Union Tribal Affairs Minister launched an exhibition cum sale event, ‘the PANKHA’ (Hand-fans), through TRIFED and Tribes India.
- This initiative is aimed at providing marketing support to tribal artisans so as to help to revive the same.
- TRIFED is advised to market this craft through various Tribes India Outlets located across the country.
- e-commerce giants like Amazon, Flipkart, Snapdeal, GeM, etc. are also invited to market hand fans along with other tribal handloom and handicraft.
2. India successfully test-fires nuclear capable long range Ballistic missile Agni-5
- India successfully test-fired its indigenously developed nuclear capable Long Range Ballistic Missile ‘Agni-5’ from the Abdul Kalam Wheeler Island off the Odisha coast.
- Agni-V is a solid fuelled intercontinental ballistic missile (ICBM) developed by Defence Research and Development Organisation (DRDO) of India, strike range of 5,000 kilometres.
- It can carry a nuclear warhead of more than one tonne.
- It is the longest missile in India’s arsenal capable of reaching most parts of China.
- With a smaller payload, the range can go up much higher.
- The missile features many new indigenously-developed technologies like RINS, MINS which improves the accuracy of the missile.
- Agni-5 is expected to be inducted into the Strategic Forces Command very soon.
- The first missile of the Agni series (Agni-I) was developed under the Integrated Guided Missile Development Program and tested in 1989.
|Agni-I (MRBM)||700 – 900 km|
|Agni-II (MRBM)||2,000 – 3,000 km|
|Agni-III (IRBM)||3,500 – 5,000 km|
|Agni-IV (IRBM)||3,000 – 4,000 km|
|Agni-V (ICBM)||5,000 – 8,000 km|
Source: The Hindu
3. India and Singapore
- India and Singapore have agreed to upgrade their Comprehensive Economic Cooperation Agreement (CECA).
- Recently the second review of CECA was concluded.
- The review includes
- expanded tariff concessions for an additional 30 products
- improved rules to provide more flexibility for Singapore exports to qualify for preferential tariffs under the agreement.
- It will boost bilateral trade in the field of training of public service officials, cybersecurity, narcotics control and defence cooperation.
- Another key benefit from the upgraded CECA includes
- a mutual recognition agreement on nursing to facilitate a better understanding in regulating training and practice of nursing.
- Along with it, India and Singapore signed eight more agreements which are as follows
- Implementation agreement signed between the Indian Navy and Republic of Singapore Navy concerning mutual coordination, logistics and services support
- for naval ships, submarines and naval aircraft (including Shipborne Aviation Assets) visits.
- Extension of MoU between CERT-IN and SINGCERT for cybersecurity.
- NCB of India and CNB of Singapore signed a MoU on cooperation to combat illicit trafficking in narcotic drugs, psychotropic substances and their precursors.
- MoU on cooperation in the field of Personnel Management and public administration.
- The NITI Aayog and Singapore Cooperation Enterprise (SCE) also signed a MoU on cooperation in the field of planning.
Source: The Economic Times
4. Sickle cell anaemia (SCA)
- Tribal children in Srikakulam, Vizianagaram, Visakhapatnam, East and West Godavari district are found to be sick with SCA.
- The tribals are prone to it due to various factors including malnutrition and consanguineous marriages.
- Tribal Welfare department has taken up the study under thalassemia, anaemia and sickle cell anaemia (TAS) programme.
Sickle cell anaemia:
- SCA is a condition in which there aren’t enough healthy red blood cells to carry adequate oxygen throughout your body.
- It is genetically inherited disease.
- In sickle cell anaemia, the red blood cells become rigid and sticky and are shaped like sickles or crescent moons.
- These irregularly shaped cells can get stuck in small blood vessels, which can slow or block blood flow and oxygen to parts of the body.
- There’s no cure for most people with sickle cell anaemia.
- But treatments can relieve pain and help prevent problems associated with the disease.
- Its symptoms include:
- Anemia i.e. shortage of RBCs.
- Periodic episodes of pain.
- Painful swelling of hands and feet.
- Frequent infections.
- Delayed growth
- Vision problems.
Source: The Hindu
5. Exhibition firms
- Companies engaged in organizing exhibitions in India are seeking industry status to further contribute to the growth of the economy.
- Top officials of the Indian Exhibition Industry Association (IEIA) would meet Union Minister with a representation to press their case.
- While the developed world had been according to high priority to exhibition sector, India had so far neglected it.
- An industry status will lead to a plethora of educational platforms
- for professional management, training and development at the root level, safety,
- and sustainability initiatives, thereby attracting more talented people to the domain.
- The exhibition sector, which is growing at a rate of 8.8% for past five years is set to grow at a rate of 12.13% in the next five years.
Source: The Hindu
6. Air India stake sale
- Center has decided to retain the significant minority stake in debt-laden Air India after its privatization.
- It is seen as a primary reason behind the muted response to the proposed disinvestment in the national carrier.
- Niti Aayog, the government’s policy think tank, had recommended that the government completely exit Air India.
- However, the alternate mechanism, a panel of ministers set up to supervise the carrier’s sale, ruled in favour of initially retaining a 24% in the airline
- And exiting completely at a later stage —may be after three years.
- The asset monetisation of the carrier will go on as usual despite the bidding process not going as expected.
- The government has put the condition that it should be run only by Indian investors.
- The balance sheet of Air India also contains unusual assets that include
- collected artwork, sculptures, and paintings, apart from land plots in major cities in India, such as New Delhi, Mumbai and Chennai, and in London and Tokyo
- several prime slots for takeoff and landing at major international airports in several countries.
- The loss-making airline has been in talks with potential investors, including lenders such as the State Bank of India, to divest its non-core assets to pare its crushing debt load.