Delimitation

Why in News?

Many politicians of the Southern States are raising voices over Delimitation of constituencies based on population, which they consider to be unfair.

• Southern states that followed population control policies are now facing potential disadvantages despite their success in controlling population growth.

What is Delimitation?

• About:
  • Delimitation means the act or process of fixing limits or boundaries of territorial constituencies in a country or a province having a legislative body.
    • Delimitation for LS (Lok Sabha) and LA (Legislative Assembly) is different from that of Local bodies.
  • The Delimitation Commission Act was enacted in 1952.
    • The Delimitation Commission is appointed by the President of India and works in collaboration with the Election Commission of India (ECI).
  • Delimitation Commissions have been set up four times — 1952, 1963, 1973 and 2002 under the Acts of 1952, 1962, 1972 and 2002.
  • The first delimitation exercise was carried out by the President (with the help of the Election Commission) in 1950-51.
• History:
  • The last delimitation exercise that changed the state-wise composition of the Lok Sabha was completed in 1976 and done on the basis of the 1971 census.
  • The Constitution of India mandates that the allocation of seats in the Lok Sabha should be based on the population of each state so that the ratio of seats to population is as close as possible to being equal across all states. It is intended to ensure that each person's vote carries roughly the same weight, regardless of which state they live in.
    • However, this provision meant that states that took little intersst in population control could end up with a greater number of seats in Parliament.
  • To avoid these consequences, the Constitution was amended 42^nd Amendment Act of 1976 froze the allocation of seats in the Lok Sabha to the states and the division of each state into territorial constituencies till the year 2000 at the 1971 level.
  • The 84^th Amendment Act of 2001 empowered the government to undertake readjustment and rationalisation of territorial constituencies in the states on the basis of the population figures of 1991 census.
  • The 87th Amendment Act of 2003 provided for the delimitation of constituencies on the basis of 2001 census and not 1991 census.
    • However, this can be done without altering the number of seats allotted to each state in the Lok Sabha.
• Need:
  • To provide equal representation to equal segments of a population.
  • Fair division of geographical areas so that one political party doesn’t have an advantage over others in an election.
    • To follow the principle of “One Vote One Value”.
• Constitutional Provisions:
  • Under Article 82, the Parliament enacts a Delimitation Act after every Census.
  • Under Article 170, States also get divided into territorial constituencies as per Delimitation Act after every Census.

What are the Concerns Related to Delimitation?

• Regional Disparity:
  • Disparity in representation between north and southern part of India in the Lok sabha due to population as a deciding factor.
  • The delimitation based solely on population disregards the progress made by the southern states in population control and may lead to disparities in the federal structure.
    • Despite having only 18% of the country's population, the southern states contribute 35% to the country's GDP.
  • The northern states, which did not prioritize population control, are expected to benefit in the delimitation process due to their higher population growth.
• Inadequate Funding:
  • After the 15^th Finance Commission used the 2011 Census as a basis for its recommendation, concerns were raised about southern states losing funding and representation in parliament.
  • Previously, the 1971 Census was used as the base for funding and tax devolution recommendations to states.
• Affecting the Reservations for SCs/ STs:
  • The scheduled delimitation and reallocation of seats may result in not only a loss of seats for southern states but also an increase in power for political parties with their base of support in the north.
    • This could potentially lead to a shift of power toward the north and away from the south.
  • The exercise will also affect the division of seats reserved for the Scheduled Castes and Scheduled Tribes (SC/ST) in each state (under Articles 330 and 332).

Way Forward

• A Delimitation Commission should be set up to redraw constituency boundaries based on the 2031 Census. And a State Reorganisation Act should be enacted to split states into smaller ones based on the population recommendations made by the Delimitation Commission.
• There has been significant population growth in India since the last delimitation exercise, emphasizing the need to address the resulting asymmetry in political representation.
• Instead of relying solely on population as the criterion for delimitation, other factors such as development indicators, human development indices, and efforts in implementing family planning programs could be considered. This would provide a more comprehensive and equitable representation of states' needs and achievements.
• States that have effectively implemented family planning programs should be acknowledged and rewarded for their efforts.
• The guidelines for the devolution of funds should be reviewed to incorporate a more balanced approach.
• The growth potential of the localities proposed for the merger and their growth in population were taken as criteria for the delimitation exercise.

Source: TH

India's Commitment to UN Peacekeeping

Why in News?

Recently, the Indian Army commemorated the 75^th International Day of United Nations (UN) Peacekeepers on 29th May (which was designated by the UN General Assembly) at the National War Memorial in New Delhi.

• Theme 2023: 'Peace begins with me'.
• This day holds significance as it marks the anniversary of the first UN peacekeeping (UNPK) mission in 1948.
• Additionally, India unveiled plans to conduct two initiatives later in 2023, specifically designed to train women personnel from South East Asia, as part of their collaboration with ASEAN in the defence sector.

What is India-ASEAN Initiative for Women in UNPK operations?

• The 'India-ASEAN Initiative for women in UNPK operations' refers to a collaborative effort between India and the Association of Southeast Asian Nations (ASEAN) to promote the participation of women in UNPK operations.
• This initiative focuses on providing training and support to women personnel from ASEAN member-states who are interested in serving as peacekeepers.
• Under this initiative, India has announced two specific initiatives:
  • Specialized courses at the Centre for United Nations Peacekeeping (CUNPK) in New Delhi. These courses will offer targeted training in peacekeeping operations to women peacekeepers from ASEAN countries.
    • The aim is to equip them with the necessary skills and knowledge to effectively contribute to UNPK missions.
  • Table Top Exercise for women officers from ASEAN. This exercise will simulate various scenarios and challenges faced by UN peacekeepers, allowing participants to enhance their understanding and preparedness for UNPK operations.

What is UN Peacekeeping?

• About:
  • UN Peacekeeping is a vital tool employed by the United Nations to help countries navigate the path from conflict to peace.
  • It involves the deployment of military, police, and civilian personnel to regions affected by conflicts or political instability.
  • The primary objective of UN Peacekeeping is to facilitate peace and security, protect civilians, and support the restoration of stable governance structures.
  • It brings together the UN General Assembly, the UN Security Council, the Secretariat, troop and police contributors and the host governments in a combined effort to maintain international peace and security.
• First Mission:
  • The first UN peacekeeping mission was established in May 1948, when the UN Security Council authorized the deployment of UN military observers to the Middle East to form the United Nations Truce Supervision Organization (UNTSO) to monitor the Armistice Agreement between Israel and its Arab neighbours.
• Mandates:
  • The mandates vary from operation to operation, but they generally include some or all of the following elements:
    • Monitoring ceasefires, peace agreements, and security arrangements.
    • Protecting civilians, especially those at risk of physical harm.
    • Facilitating political dialogue, reconciliation, and supporting elections.
    • Building rule of law, security institutions, and promoting human rights.
    • Delivering humanitarian aid, supporting refugee reintegration, and promoting environmental sustainability.
• Principles:
  • Consent of the Parties:
    • Peacekeeping operations require the consent of the main parties involved in the conflict.
      • Without consent, a peacekeeping operation risks becoming a party to the conflict and deviating from its peacekeeping role.
  • Impartiality:
    • Peacekeepers should maintain impartiality in their dealings with the parties to the conflict.
    • Impartiality does not mean neutrality; peacekeepers should actively execute their mandate and uphold international norms.
  • Non-use of Force except in self-defence and defence of the mandate:
    • Peacekeeping operations should refrain from using force, except when necessary for self-defence and protection of their mandate.
    • "Robust" peacekeeping allows the use of force with Security Council authorization and consent from the host nation and parties involved.
• Achievements:
  • Since its inception in 1948, UN Peacekeeping has played a crucial role in ending conflicts and promoting reconciliation in numerous countries.
    • Successful peacekeeping missions have been carried out in places like Cambodia, El Salvador, Mozambique, and Namibia.
    • These operations have made a positive impact on restoring stability, enabling the transition to democratic governance, and fostering economic development.

What are India's Contributions in UN Peacekeeping?

• Troop Contribution:
  • India has a rich legacy of contributing to UN Peacekeeping operations. It is one of the largest troop-contributing countries, with a history of deploying soldiers, medical personnel, and engineers to various peacekeeping missions worldwide.
    • India has contributed approximately 2,75,000 troops to peacekeeping missions so far.
• Casualties:
  • Indian Army soldiers have made significant sacrifices while serving in UN Peacekeeping Missions, with 179 soldiers losing their lives in the line of duty.
• Training and infrastructure:
  • The Indian Army has established the Centre for United Nations Peacekeeping (CUNPK) in New Delhi.
    • This center provides specialized training for more than 12,000 troops every year in peacekeeping operations, hosting national and international courses for potential peacekeepers and trainers.
    • CUNPK plays a crucial role in sharing best practices and enhancing the capacity of peacekeepers.
• Women in Peacekeeping:
  • India has taken proactive measures to promote gender equality in peacekeeping operations.
    • India has deployed Female Engagement Teams in United Nations Organization Stabilization Mission in the Democratic Republic of the Congo and United Nations Interim Security Force for Abyei, which is the second largest women contingent after Liberia.
    • India has also deployed Women Military Police in United Nations Disengagement Observer Force and women staff officers and military observers in various missions.

Source: TH

Hunger Hotspots: FAO-WFP

Why in News?

According to a recent Report by Food and Agriculture Organization (FAO) and World Food Program (WFP) Hunger Hotspots – FAO-WFP early warnings on acute food insecurity, India’s neighbors, Pakistan, Afghanistan and Myanmar, are among the hunger hotspots in the world.

What are the Highlights of the Report?

• Hot Spots with Very High Concern:
  • There are 18 areas in 22 countries where acute Food Insecurity may increase in magnitude and severity.
  • Pakistan, the Central African Republic, Ethiopia, Kenya, the Democratic Republic of the Congo and the Syrian Arab Republic are hotspots with very high concern.
  • All these hotspots have a high number of people facing critical acute food insecurity, coupled with worsening drivers that are expected to further intensify life‑threatening conditions in the coming months.
• Countries at Highest Concern Level:
  • Afghanistan, Nigeria, Somalia, South Sudan and Yemen remain at the highest concern level.
    • Haiti, the Sahel (Burkina Faso and Mali) and the Sudan have been elevated to the highest concern levels; this is due to severe movement restrictions of people and goods in Haiti, as well as in Burkina Faso and Mali, and the recent eruption of Conflict in Sudan.
• Expected to Face Starvation:
  • All the hotspots at the highest level have populations facing or projected to face starvation, or are at risk of deterioration towards catastrophic conditions, given they already have critical food insecurity and are facing severe aggravating factors.
• New Emerging Conflicts:
  • New emerging conflicts, in particular the eruption of conflict in the Sudan, will likely drive global conflict trends and impact several neighbouring countries.
  • The use of explosive ordnance and siege tactics in several hunger hotspots continues to push people into catastrophic levels of acute food insecurity.
• Weather Extremes:
  • Weather extremes, such as heavy rains, tropical storms, Cyclones, Flooding, Drought and increased climate variability, remain significant drivers in some countries and regions.
  • The May 2023 forecast suggests an 82 % likelihood of El Niño conditions starting in the May–July 2023 period, with significant implications for several hunger hotspots.
• Economic Shocks:
  • Deepening economic shocks continue to drive low- and middle-income nations deeper into crisis.

What are the Recommendations?

• Urgent humanitarian action is needed to save lives and livelihoods and prevent starvation and death in hotspots where acute hunger is at a high risk of worsening from June to November 2023.
• Continuous monitoring of forecasts and their impact on production remains critical.
• Urgent and scaled-up assistance is required in all 18 hunger hotspots to protect livelihoods and increase access to food.
• This is essential to avert a further deterioration of acute food insecurity and malnutrition.
• In the hotspots of highest concerns, humanitarian actions are critical in preventing further starvation and death.

Source: DTE

Evergreening of Loans

Why in News?

The Governor of the Reserve Bank of India (RBI), recently addressed bank boards and expressed concerns about banks adopting over-aggressive growth strategies and engaging in the evergreening of loans.

• The governor emphasized the need for robust corporate governance and highlighted instances of concealing the true status of stressed loans.

What is the Evergreening of Loans?

• About:
  • Evergreening loans, a form of zombie lending, is a practice of extending new or additional loans to a borrower who is unable to repay the existing loans, thereby concealing the true status of the non-performing assets (NPAs) or bad loans.
• Approaches Utilised for Evergreening Loans:
  • Selling and buying back loans or debt instruments between two lenders to avoid classifying them as NPAs.
  • Persuading good borrowers to enter into structured deals with stressed borrowers to hide their default.
  • Using internal or office accounts to adjust the repayment obligations of borrowers.
  • Renewing or disbursing new loans to stressed borrowers or related entities closer to the repayment date of earlier loans.
• Impact:
  • Evergreening loans can create a false impression of the asset quality and profitability of banks and delay the recognition and resolution of stressed assets.
  • It can also undermine the credit discipline and moral hazard among borrowers, and erode the trust and confidence of depositors, investors and regulators.

• Loan write-off Vs. Evergreening:
  • Loan write-offs are a process of removing bad loans from the books of banks after making adequate provisions for them. Loan write-offs do not mean that the borrowers are relieved of their repayment obligations or that the banks stop pursuing recovery from them. Loan write-offs are done to clean up the balance sheet of banks and reflect their true financial position.
    • Write-off exercise has enabled banks to reduce their non-performing assets, or defaulted loans, by Rs 10,09,510 crore ($123.86 billion) in the last five years.
    • Evergreening of loans, on the other hand, is a practice of extending new or additional loans to a borrower who is unable to repay the existing loans, thereby concealing the true status of the non-performing assets (NPAs) or bad loans.
• Initiatives by RBI:
  • The RBI has cautioned banks against adopting over-aggressive growth strategies, underpricing or over-pricing of products, concentration or lack of diversification in deposit or credit profile, which can expose them to higher risks and vulnerabilities.
  • The RBI has also implemented various measures to support the banking sector, including providing liquidity support, regulatory forbearance, the establishment of an asset reconstruction company (ARC), and the resolution framework.
    • However, the RBI has highlighted that these measures alone are insufficient if banks do not improve their risk management and governance practices.
  • Several banks have faced penalties imposed by the RBI for violating various norms related to KYC (Know Your Customer), customer grievance redressal, fraud reporting, etc.
    • Supervisory action has also been initiated by the RBI against some large private sector banks for governance lapses.

How can Evergreening of Loans be Controlled?

• Enhanced Risk Assessment: Financial institutions should adopt robust risk assessment practices to evaluate the creditworthiness of borrowers accurately.
  • This involves conducting thorough due diligence, analyzing repayment capacity, and assessing the viability of the borrower's business model. By accurately identifying potential risks, lenders can avoid the need for evergreening loans.
• Transparent Reporting and Disclosure: Transparency is crucial in preventing evergreening of loans. Lenders should provide accurate and timely information on their loan portfolios, including non-performing loans (NPLs) and loan restructuring.
  • Clear and transparent disclosure requirements enable regulators, investors, and other stakeholders to assess the financial health of banks and identify any potential evergreening practices.
• Asset-liability Management: There is a need to lay emphasis on the importance of asset-liability management (ALM),
  • ALM involves assessing and monitoring the potential risks arising from the maturity mismatch between assets and liabilities, interest rate fluctuations, and other market risks.
  • Banks have been advised to promptly interact with the media in order to dispel any misinformation or rumours on social media that can trigger panic among depositors.
• ESG (Environmental, Social, and Governance) Norms: There is a need for banks to comply with ESG (Environmental, Social, and Governance) norms as they are becoming increasingly relevant for investors and stakeholders.
  • Banks should adopt sustainable business practices, disclose their ESG performance, and align their lending policies with national and international goals on climate change and social welfare.
  • ESG goals are a set of standards for a company’s operations that force companies to follow better governance, ethical practices, environment-friendly measures and social responsibility.
• Recommendations of P J Nayak Committee:
  • According to the Committee to Review Governance of Boards of Banks in India, wherever significant evergreening in a bank is detected by the RBI, penalties should be levied through cancellations of unvested stock options and claw-back of monetary bonuses on officers concerned and on all whole-time directors, and the Chairman of the audit committee be asked to step down from the board.

Source: IE

Unveiling Ancient Climate Secrets with Ladakh

Why in News?

Scientists have made significant strides in understanding climate variations during the transition from the last deglaciation period, approximately 19.6 to 6.1 thousand years ago.

• By studying sediment deposits from ancient lakes in the Indus River valley in Ladakh, they have reconstructed climate records and shed light on the region's climate history.

What are the Major Findings of the Research?

• Research Methodology:
  • Scientists sampled sediment deposits from an 18-meter-thick sequence found along the Indus River at an altitude of 3287 metres.
  • The researchers conducted meticulous laboratory analyses on the samples, examining physical characteristics such as colour, texture, grain size, grain composition, total organic carbon, and magnetic parameters.
    • These parameters were used to extract information about past climate conditions from the palaeolake sedimentary archive.
• Major Findings Related to Climate Evolution:
  • Between 19.6 and 11.1 thousand years ago, a cold arid climate dominated the region due to the influence of westerly circulation.
  • From 11.1 to 7.5 thousand years ago, monsoon forcings became the primary driver of climate, leading to a period of strong monsoons.
  • Afterward, orbitally controlled solar insolation played a crucial role in shaping the climate by influencing the position of the Inter Tropical Convergence Zone (ITCZ) and the variability of atmospheric circulations.
  • During the mid-Holocene (7.5 to 6.1 thousand years ago), the westerlies regained strength, coinciding with decreasing insolation, a weakening monsoon, and enhanced El Nino activities.
  • The study also demonstrates the potential of using multiple physical parameters of sediments to reconstruct paleoclimate variations (changes in Earth's climate that occurred in the geological past) with high resolution and accuracy.

What is the Significance of Ladakh in Climate Research?

• High-altitude Environment: Ladakh region, located in the Trans-Himalaya, serves as an environmental boundary between North Atlantic and monsoon forces.
  • This region is characterised by extreme temperatures, low oxygen levels, and arid conditions.
  • Studying the climate dynamics and changes in such high-altitude environments helps scientists better understand the impacts of climate change on similar regions worldwide.
• Ideal to Study Atmospheric Circulation: Its geographical position makes it ideal for studying variations in atmospheric circulations, including the westerly winds and the Indian summer monsoon.
  • Understanding the variability of these atmospheric circulations is crucial in the context of global warming and its implications for regional climate patterns.
• Sedimentary Archives: Among the various sedimentary archives that exist in Ladakh, the sediment deposits in lakes are useful in attesting both short and long-term climatic changes.
  • This is because lakes have continuous sedimentation rates and preserve physical and chemical characteristics of the sediments that reflect past environmental conditions.
• Glacial Retreat: The Himalayan region, including Ladakh, is home to numerous glaciers that act as a crucial source of freshwater for rivers like the Indus, Ganges, and Brahmaputra.
  • Climate change has accelerated the retreat of these glaciers, leading to concerns about water security, changes in river flow patterns, and potential impacts on local ecosystems and communities.
    • Ladakh provides an important location to monitor glacial changes and study the consequences of glacial retreat.
  • Also, the transition from a glacial to interglacial climate period entails large-scale climate reorganisation. Understanding the dynamics during this transitional phase is crucial for comprehending climate evolution.
    • Mountainous regions like Ladakh are particularly susceptible to these changes due to their unique geomorphological characteristics.

Source: PIB

Tobacco Cultivation and Food Insecurity

Why in News?

The World Health Organization (WHO) has released a new report highlighting the urgent need to prioritise food production over tobacco cultivation.

• The report emphasises that approximately 349 million people worldwide are currently facing acute food insecurity, while valuable fertile land is being occupied by tobacco farming. The tobacco industry's interference in efforts to substitute its crops exacerbates the global food crisis.
• Also, World No Tobacco Day, observed annually on May 31 serves as a reminder of the ongoing battle against global tobacco epidemic. The theme of 2023 is “Grow food, not tobacco”.

How is the Global Food Crisis Related to Tobacco Farming?

• Land Use Competition: Both food production and tobacco farming require land resources.
  • Tobacco farming is prevalent in over 124 countries, occupying significant agricultural land that could be utilised for food production.
  • This competition for arable land can limit food production and exacerbate the global food crisis, especially in areas where food security is already a challenge.
  • The United Nations Food and Agriculture Organization (FAO) also warns of increasing acute food insecurity in various regions worldwide.
• Resource Diversion: Tobacco farming requires significant amounts of resources, including water, fertilisers, and labour.
  • The diversion of these resources to tobacco production can result in limited availability for food crops, contributing to decreased agricultural productivity and food shortages.
• Financial Impact: Tobacco farming can be financially lucrative for farmers, leading them to prioritise tobacco cultivation over food crops.
  • This preference for cash crops like tobacco may reduce the incentive to grow staple food crops, which are essential for addressing hunger and food security concerns.
• Environmental Impact: Tobacco farming practices can have adverse environmental effects.
  • Deforestation, soil degradation, and water pollution are often associated with tobacco cultivation. These environmental impacts can further strain the availability of natural resources needed for sustainable food production.
• Health Consequences: Tobacco use is a major public health concern, leading to numerous diseases and premature deaths worldwide. Tobacco farming poses serious health risks to farmers, including exposure to pesticides and the absorption of nicotine through the skin.
  • The health consequences of tobacco-related illnesses can indirectly impact food security by reducing the productive workforce and placing additional burdens on healthcare systems, diverting resources away from food-related initiatives.
  • According to the WHO, tobacco use kills more than 8 million people every year and exposes millions more to second-hand smoke.

What is the Status of Tobacco Consumption in India?

• Status:
  • Tobacco use is known to be a major risk factor for several non-communicable diseases such as cancer, cardiovascular disease, diabetes, and chronic lung diseases. Nearly 27% of all cancers in India are due to tobacco usage.
    • India is also the second largest consumer and producer of tobacco after China.
  • Nearly 267 million adults (15 years and above) in India (29% of all adults) are users of tobacco, according to the Global Adult Tobacco Survey India, 2016-17.
• Indian Initiatives to Curb Tobacco Consumption:
  • The Promulgation of the Prohibition of Electronic Cigarettes Ordinance, 2019 prohibits Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement of e-Cigarettes.
  • The Government of India launched the National Tobacco Quitline Services (NTQLS) which have the sole objective to provide telephone-based information, advice, support, and referrals for tobacco cessation.
  • The Union Finance Minister of India announced a 16% increase in National Calamity Contingent Duty (NCCD) on cigarettes in the Budget 2023-24.
  • The Union Health Ministry of India has announced new regulations requiring Over-The-Top (OTT) platforms to display tobacco-related health warnings during streamed content.
    • OTT platforms must attach anti-tobacco health spots at the beginning and middle of programs that display tobacco products or their use.
    • Health spots and tobacco-related warnings are already mandatory for television and films in India.

What are WHO's Actions to Address Tobacco Farming?

• The WHO emphasises the significance of the Framework Convention on Tobacco Control (WHO-FCTC), the first international agreement aimed at reducing tobacco consumption and its adverse health effects.
• WHO has partnered with the UN’s Food and Agriculture Organization (FAO) and the World Food Programme (WFP) to launch the Tobacco Free Farms initiative, which aims to assist farmers in countries such as Kenya and Zambia by providing microcredit lending, knowledge, training, and support for cultivating alternative crops.

Source: IE

Foucault Pendulum

Why in News?

India's newly inaugurated Parliament building showcases a remarkable piece of scientific artistry suspended from its ceiling - a Foucault pendulum.

• Foucault’s pendulum in the New Parliament building also represents the spirit of scientific inquiry and scientific temper which is enshrined in the Article 51A of the Indian Constitution.

What is a Foucault Pendulum?

• A Foucault pendulum, named after the 19^th century French physicist Leon Foucault, is a simple experiment to demonstrate the Earth’s rotation.
  • It consists of a heavy object hung from a long wire, free to swing in any direction. When set in to-and-fro motion, the pendulum appears to change its orientation slowly over time, due to the relative motion between the pendulum and the rotating Earth.
• Foucault first performed this experiment publicly in 1851 at the Pantheon in Paris, where he suspended a 28-kg iron ball from a 67-m wire. It was the first direct visual evidence of the Earth’s rotation.
  • The experiment concluded that “pendulum does not change its plane of motion, but the ground beneath it does.”
  • When aligned along the Earth's axis at the north and south poles, the pendulum’s back-and-forth motion comes back to its original plane in exactly 24 hours.
  • At other latitudes, it takes longer for the pendulum to return to its original orientation of swinging. That is because the pendulum is not aligned with the axis of rotation of the earth.
• The rate and direction of the pendulum’s apparent rotation depend on its latitude.
  • At the North Pole, it would complete one clockwise rotation in 24 hours.
  • At the equator, it would not rotate at all.
  • At other latitudes, it would rotate at intermediate rates and directions.

What is Special about the Pendulum in the New Parliament Building?

• The pendulum in the new Parliament building was created by the National Council of Science Museum (NCSM) in Kolkata.
  • It is said to be the largest such piece in India, with a height of 22m and a weight of 36 kg.
• The pendulum hangs from a skylight at the top of the Constitution Hall, and signifies the “integration of the idea of India with the idea of the cosmos”.
• At the latitude of Parliament, New Delhi (28.6° N), it takes about 49 hours and 59 minutes for the pendulum to complete one clockwise rotation.

Source: IE

RBI’s Planned ‘Lightweight’ Payments and Settlement System

Why in News?

The Reserve Bank of India (RBI) recently announced plans to introduce a 'Lightweight' Payment and Settlement System (LPSS) for emergencies which was proposed in RBI's annual report for 2022-23.

• The lightweight system aims to provide resilience and continuity of payment and settlement systems while ensuring efficiency during emergencies.

What is RBI’s Planned LPSS?

• About:
  • LPSS is independent of conventional technologies and wired networks that underlie existing payment systems such as UPI, NEFT, and RTGS.
• Background:
  • As a part of the ‘Utkarsh 2.0’ initiative, RBI will put in place a resilient framework for oversight of Centralized Payment Systems — NEFT and RTGS.
  • It will also look to upgrade the RTGS system, including improvements to the existing ones and the introduction of new functionalities.
• Enhancing Payment System Resilience:
  • LPSS for emergencies ensures resilience and continuity of payment and settlement systems during extreme and volatile situations.
  • Conventional payment systems like UPI, NEFT, and RTGS are vulnerable to disruptions caused by natural calamities or war due to their dependence on complex wired networks and advanced IT infrastructure.
    • Disruptions in existing systems can affect liquidity pipeline and hamper essential payment services.
  • Lightweight system provides a portable and easily activated solution that can be operated remotely with minimal resources.
  • It serves as a backup option for critical transactions, maintaining stability and ensuring the availability of essential payment services.
• Working Procedure:
  • Minimal Staff:
    • The system will have a bare minimum of trained staff who will handle payment and settlement operations securely and efficiently. They will also coordinate with government agencies, financial institutions, market participants, and service providers.
  • Focus on Essential Transactions:
    • The system will process only those transactions that are crucial for maintaining the stability of the economy, such as government and market-related transactions.
    • Retail or individual transactions that can be deferred or conducted through alternative modes will not be handled.
  • Simplified Authentication and Verification:
    • The system will employ a simplified mechanism to ensure the integrity and validity of transactions. It will also maintain transaction records for reconciliation and audit purposes.
• Benefits:
  • Ensures near-zero downtime of the payment and settlement system during emergencies.
  • Facilitates uninterrupted functioning of essential payment services, including bulk payments, interbank payments, and provision of cash to participant institutions.
  • Enhances public confidence in digital payments and financial market infrastructure.
  • Acts as a deterrent against malicious attacks or sabotage attempts on existing payment systems.
• Challenges:
  • Requires careful planning and coordination among stakeholders for readiness and effectiveness.
  • Requires testing and validation of functionality, security, and reliability before deployment.
  • Requires regular training and capacity building of staff.
  • Requires constant monitoring and evaluation of performance and impact.

Source: IE

Rapid Fire Current Affairs

World Multiple Sclerosis Day

The Department of Empowerment of Persons with Disabilities (DEPwD), under the Ministry of Social Justice and Empowerment, Government of India, observed World Multiple Sclerosis (MS) Day on 30^th May 2023, joining the global MS community in raising awareness and fostering connections. With the theme of 'connections' for the 2020-2023 period, the MS Connections campaign aimed to build community connections, self-connections, and connections to quality care.

Multiple Sclerosis (MS) is a chronic autoimmune disease that affects the central nervous system, including the brain and spinal cord. It is characterized by inflammation and damage to the protective covering of nerve fibers, disrupting the normal flow of electrical impulses. This results in a wide range of symptoms, including fatigue, difficulty with coordination and balance, muscle weakness, and problems with vision and cognition. The exact cause of MS is still unknown, but it is believed to involve a combination of genetic and environmental factors. MS is a lifelong condition with varying degrees of severity and progression. While there is no cure for MS, there are treatments available to manage symptoms, slow down the progression of the disease.

Read more: Multiple Sclerosis

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Green Hue in Venice's Grand Canal

Venice's iconic Grand Canal recently took on a vibrant green hue, perplexing both residents and officials. After conducting test samples of the water, authorities confirmed that the color was caused by fluorescein, a chemical commonly used to detect leaks in underwater construction. The president of the Veneto region emphasized the need for strong responses to protect the city and its historical treasures. Although fluorescein has low levels of toxicity, tests have not indicated any harm to the canal's ecosystem. Depending on the concentration of fluorescein, it may take a few more days for the canal to return to its normal color as the chemical dissolves.

The Grand Canal is the main waterway of Venice, Italy, that showcases the city’s rich architectural and cultural heritage. It is a popular destination for tourists and locals alike, who can enjoy its scenic views and historic landmarks by various modes of transport. The Grand Canal is the largest and most famous canal in Venice. It is nearly four kilometers long and separates one half of Venice from the other.

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UAE Withdraws from Maritime Coalition amid Rising Tensions in Gulf Waters

The United Arab Emirates (UAE) has announced its withdrawal from the US-led Combined Maritime Forces (CMF), a coalition responsible for securing crucial and volatile Gulf waters that play a significant role in global oil trade.

Established in 2001, the CMF started as a partnership between 12 nations and has since expanded to include 38 partner nations, including the UAE. While the UAE has put its participation on hold, it remains a partner nation.

Recent incidents, such as Iran's seizure of tankers and a drone attack on an Israeli-owned vessel, have intensified tensions in the region. The UAE, as a major oil exporter, emphasises its commitment to peaceful dialogue, diplomatic engagement, and the responsible safeguarding of navigation in its seas.

Read more: Combined Maritime Forces (CMF)

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World Milk Day Celebrations and Summer Meet

The Department of Animal Husbandry and Dairying, in partnership with the Agriculture Production Department of the Government of Jammu and Kashmir, is gearing up to celebrate World Milk Day on June 1, 2023. The occasion will be marked by a Summer Meet for the animal husbandry and dairying sector, taking place from June 1^st to 2^nd at SKICC in Srinagar, Jammu and Kashmir.

This event aims to raise awareness about the nutritional value and advantages of milk, while also acknowledging the significant contributions of dairy farmers, processors, and consumers. The event will review the progress of ongoing schemes, discuss outcomes, and identify mid-course corrections as necessary.

As part of the event, "Feeding the Future: Five Days of Action for Feed and Fodder and Training of A-HELP for 2023-24" campaign will be launched. This initiative aims to address the critical aspects of feed and fodder management for livestock while providing training through the A-HELP program.

In 2001, World Milk Day was established by the Food and Agriculture Organisation of the United Nations to recognize the importance of milk as a global food, and to celebrate the dairy sector. India is the highest milk producer in the world contributing 23% of global milk production in the year 2021-22. The top five major milk-producing states are Rajasthan, Uttar Pradesh, Madhya Pradesh, Gujarat and Andhra Pradesh. 

Read more: Animal husbandry