Daily Current Affairs 25 July 2023 – IAS Current Affairs

Current Affairs 25 July 2023 focuses on Prelims-Mains perspective. Major events are :

PM DevINE Scheme

Source: PIB
GS II: Important International institutions, agencies and fora- their structure, mandate

Overview

1. News in Brief
2. About the Scheme

Why in News ?

Prime Minister’s Development Initiative for North Eastern Region (PM-DevINE), was announced.

About the Scheme

• It is a Central Sector Scheme.
• As central Sector Scheme they are 100 % central scheme.
• PM-DevINE scheme will be implemented by
  1. Ministry of Development of North Eastern Region (MDoNER)
  2. North Eastern Council or Central Ministries/agencies or State Government agencies.

Fund allocation details

• It has a Union Budget 2022-23 initial list of seven projects and an initial allocation of Rs. 1500 crore.
• The scheme has an outlay of Rs.6,600 crore for the 4 year period from 2022-23 to 2025-26 (remaining years of the 15th Finance Commission period).
• Eleven projects amounting to Rs 1503.44 crore including the seven projects announced in Budget 2022-23
• It have been selected for sanction in FY 2022-23 and an amount of Rs 121.10 crore has been disbursed.
• State-wise, project wise list of projects approved during FY 2022-23.

What are the Objectives?

• Fund infrastructure convergently, in the spirit of PM GatiShakti
• Support social development projects based on felt needs of the NER
• Enable livelihood activities for youth and women
• Fill the development gaps in various sectors

North East Indian State

• North Eastern Region (NER) is the easternmost region of India.
• It is representing both geographic and political administrative division of the country.
• It comprises eight states
  1. Arunachal Pradesh
  2. Assam
  3. Manipur
  4. Meghalaya
  5. Mizoram
  6. Nagaland
  7. Tripura
  8. Sikkim
• First 7 are called seven sisters.
• The Siliguri Corridor connects the region to the rest of mainland India.
• The part is covered by Brahmaputra-Barak river systems and their tributaries.
• Northeast India has a subtropical climate.

INS KIRPAN

Source: Indian Express
GS II: International Relation

Overview

1. News in Brief
2. How it helps

Why in News ?

During the recent visit of Gen Phan Van Giang, Minister of Defence of Vietnam, to India from 17 – 19 Jun 23, Hon’ble Raksha Mantri had announced gifting of in-service missile corvette INS Kirpan to Vietnam.

News in Brief

• Towards executing the same, INS Kirpan has cast-off today from Visakhapatnam on her final journey from India to Vietnam.
• It is the first-ever instance of India offering a fully operational missile corvette to Vietnam.
• Since its commissioning in 1991, the ship has been an integral part of the Navy’s Eastern Fleet and has participated in several operations.
• It was handed over to VPN with a complete weapon complement.
• The development is significant as growing Chinese influence in the South China sea.

About INS Kirpan

• On January 12, 1991, the Indian Navy commissioned the Khukri class missile corvette INS Kirpan.
• Manned by about 12 officers and 100 sailors, the ship is 90 meters long and 10.45 meters in width with a maximum displacement of 1450 tons.
• It was equipped with Diesel Engines assembled in India.
• Around 65% of the ship contains indigenous parts.
• Speed more than 25 knots.
• It has coastal and offshore patrol, surface warfare, coastal security, anti-piracy, and Humanitarian Assistance and Disaster Relief (HADR) operations.

India’s Water Crisis

Source: Down To Earth
GS III: Environment and Conservation

Overview

1. News in Brief
2. Depth of the water crisis
3. How India is fighting Water crisis?
4. What are Quick-fix Water Solutions?

Why in News ?

By 2030, the UN wanted to make sure that everyone has access to clean water and sanitary facilities.

• 20% of rural Indians still without access to drinkable water with seven years left until the deadline.

Depth of the water crisis

• With only 4% of the world’s water resources and over 20% of the world’s population.
• This make India is one of the most water-stressed nations in the world.
• Unpredictable climate conditions  causes the agriculture nore vulnerable as farmers and agriculture sector, which use almost 90% of India’s water supply.
  • This causes land Infertile.

How India is fighting Water crisis?

Amrit Sarovar Mission

• Launched on April 24, 2022, the Azadi ka Amrit Mahotsav festival.

  

• It will include the development and revitalization of 75 water bodies in each district as part of the Amrit Sarovar Mission.
• The goal of the mission is to increase water quality and storage in nearby bodies of water,
• It will help to enhance water availability and ecosystem health.

National Aquifer Mapping Program (NAQUIM)

• Used by the Central Ground Water Board to map the nation’s 25.15 lakh sq km of aquifers.
• States and UTs are given access to the research findings and management plans to enable well-informed actions.

Artificial Recharge to Groundwater- 2020

• The Master Plan, which was created in partnership with States and UTs, calls for the development of 1.42 crore artificial recharge and rain water harvesting facilities.
• The strategy calls for 185 billion cubic metres (BCM) of water to be captured, while also encouraging water conservation and recharging.

Atal Bhujal Yojana

• World Bank is helping the supporting the government’s national groundwater program.
• This scheme targets certain water-stressed areas in Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, and Uttar Pradesh.
• Manage demand for groundwater through scientific means, involving local communities for sustainable groundwater management.

Besides state governments also started various project

• Paani Bachao, Paisa Kamao – Punjab
• Uttarakhand Rural Water Supply and Sanitation Project
• . Jalanidhi I and Jalanidhi II – Kerala
• Karnataka Water Supply Improvement Project
• Shimla Water Supply and Sewerage Service Delivery Reform Project
  

What are Quick-fix Water Solutions?

• Quick-fix water solutions are defined as rapid and frequently transient actions used to solve water-related problems.
• Particularly in areas experiencing water scarcity or difficulties managing water resources.
• Some quick fix are
  • Targeted river widening, deepening and straightening of river.
  • Water Cups incentivise Maharashtra villages to harvest water for drought-proofing the state.
  • Planting trees along the banks to rejuvenate rivers.
  • Watershed-based development involves management of land and vegetation to conserve the quality and supply of water.

Credit Guarantee Scheme for Livestock Sector

Source: PIB
GS III: Economics of animal-rearing

Overview

1. News in Brief
2. Credit Guarantee Scheme for Livestock Sector
3. Animal Husbandry Infrastructure Development Fund

Why in News ?

To provide collateral-free loans for MSMEs in the livestock industry, the Ministry of Fisheries, Animal Husbandry, and Dairy has established the first-ever Credit Guarantee Scheme under the Animal Husbandry Infrastructure Development Fund (AHIDF).

Details of Credit Guarantee Scheme for Livestock Sector

• Implementing Agency 
  • Department of Animal Husbandry & Dairying (DAHD), Ministry of Fishries, Animal Husbandry and Dairying is implementing

    

    the Credit Guarantee Scheme

  • It is under Animal Husbandry Infrastructure Development Fund (AHIDF)
• What is the Aim?
  • Strengthen credit delivery system and facilitate smooth flow of credit to the Micro, Small & Medium Enterprise (MSMEs) engaged in Livestock sector
  • Without hassles of collateral security.
  • Boost the overall rural economy through strengthening the Livestock sector
• Fund
  • DAHD has established a Credit Guarantee fund Trust.
  • It will provide credit guarantee coverage up to 25% of the credit facilities.
• Who will get the benefits?
  • Finance for un-served and under-served livestock sector.
  • Those who lack collateral security for supporting their ventures.
  • Interest subvention of 3% on loans obtained from Scheduled Banks or National Cooperative Development Corporation (NCDC).
  • Borrowers can avail up to 90% of the total project cost as a loan.

Credit Guarantee Fund Trust

• NABSanrakshan Trustee Company Private Limited, a wholly owned subsidiary of NABARD.
• It has a fund of of Rs. 750.00 crores.
• Credit guarantee coverage up to 25% of the credit facilities
• Nation’s first ever fund trust under Credit guarantee scheme of AHIDF in the agriculture and Animal Husbandry sector.
• Would exponentially increase the number of MSME units getting benefits of AHIDF scheme.
• Strengthen the ecosystem for the collateral-free credit from the banks.

Animal Husbandry Infrastructure Development Fund

• It is a stimulus package under Atma Nirbhar Bharat Abhiyan.
• Setting up of Rs. 15000 crore.
• Companies
  • Incentivizing investments by individual entrepreneurs, private companies, MSME, Farmers Producers Organizations (FPOs) and Section 8 companies to establish
    1. Dairy processing and value addition infrastructure
    2. Meat processing and value addition infrastructure
    3. Animal Feed Plant.
• Objectives
  • To help increasing of milk and meat processing capacity.
  • Increased price realization for the producer.
  • Make available quality milk and meat products.
  • Protein enriched quality food requirement.
  • Develop enterpreneurship and generate employment.
  • Increased export of milk and meat sector.
  • Quality animals feed to the cattle, buffalo, sheep, goat, pig and poultry at affordable price.

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