Daily Current Affairs 30 May 2023 – IAS Current Affairs

Current Affairs 30 May 2023 focuses on Prelims-Mains perspective. Major events are :

Navigation Satellite NVS-01

Source : The Hindu
GS III : Science and Technology

What is discussed under Navigation Satellite NVS-01?

1. What is the purpose of NVS-01?
2. About NavIC

Why in News ?

The Indian Space Research Organisation (ISRO) on May 29 successfully placed the NVS-01 navigation satellite. 

• The country’s regional navigation system will be strengthened by NVS-01, which would offer precise and immediate navigation.
• This was GSLV’s 15th flight.
• With the NVS-1 launch, ISRO would have completed its fifth launch of the year and its second successful mission in a month.

Key Facts

Specifications of NVS-01

• NVS-01 Weighing about 2232 kg
• NVS-01 carried navigation payloads L1, L5 and S bands.
• The satellite will have a Rubidium atomic clock onboard, developed by India.
  • NVS-01 is the first navigation satellite to host the indigenous clock.
• Longer mission life of more than 12 years.
• The satellite features two solar arrays generating up to 2.4 kW of power.
• A lithium-ion battery for eclipse support.
• NVS-01 thermal management and propulsion systems.

What is the purpose of NVS-01?

• Its purpose is to provide continuity for the NavIC (Navigation in Indian Constellation) services
• It is an Indian Regional Navigation Satellite System (similar to GPS).
• It offers accurate and real-time navigation within India and up to a 1,500 km region around the country.
• Under any weather, the system delivers flawless, unbroken services.

Current Status of NVS-01

• NVS-01 is the first in the series of second generation navigation satellite.
• The first generations was IRNSS series
• NVS-1 is part of the second-generation NavIC satellite series.
• Ensures continuity of existing services while introducing new services in the Li band.
• The satellite is intended to replace IRNSS-1G

About NavIC

What is NavIC

• It is a constellation of 7 satellites and a network of ground stations that are operational constantly make up NavIC or the IRNSS.
• Out of seven only eight satellites are working now.
• It was named as IRNSS-1A initially and the constellation’s first satellite, was launched on July 1, 2013, while the eighth satellite, IRNSS-1I was launched in April 2018.
  • IRNSS was renamed NavIC by India’s Prime Minister in 2016.
• NAVIC provides coverage within India and extends up to 1,500 kilometres beyond its borders.
• They send out signals on several frequencies, such as the L5 and S bands, to increase precision and dependability.
• NavIC, 90-degree angle, making it easier for the signals to penetrate any locations.
• NavIC’s main objective is to meet the positioning and navigational requirements of users in this particular area.

Satellites in NavIC

• In the First generation, there are seven satellites in the Indian Regional Navigation Satellite System (IRNSS) constellation.
• There are seven satellites three satellites in geostationary orbit and four satellites in geosynchronous orbit.
• Satellites in Operation
  • IRNSS-1 series satellites : IRNSS-1B, IRNSS-1C, IRNSS-1D, IRNSS-1E, IRNSS-1F, IRNSS-1G, IRNSS-1I
  • NVS series satellites : NVS-01

What are the uses?

• It will helps is Navigation
• Mapping and geodetic data capture
• Fleet management sytsem
• Disaster Management

Insurance Regulatory and Development Authority (IRDA)

Source: Hindu
GS III: Infrastructure

What is discussed under Insurance Regulatory and Development Authority (IRDA)?

1. Mission and Objective of IRDA
2. Bima Trinity

Why in News?

• To increase the country’s low insurance penetration, the IRDA is developing a new affordable bundled product to:
  • Protect citizens against multiple risks
  • Attempting to speed up claim settlements by linking death registries onto a common industry platform

Insurance Regulatory and Development Authority (IRDA)

• The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory organisation within the Ministry of Finance, Government of India, entrusted with:

  

  • Regulating and licencing the Indian insurance
  • Reinsurance businesses
• The Insurance Regulatory and Development Authority Act, 1999, established it.
• The headquarters of the agency is in Hyderabad, Telangana, where it relocated from Delhi in 2001.
• It is a ten-member committee with a chairman, five full-time and four part-time members nominated by the Indian government.
• The authority is now led by Mr. Debasish Panda, and its full-time members are Mrs. T.L. Alamelu, K. Ganesh, Pournima Gupte, Praveen Kutumbe, and Sujay Banarji.

Mission

• To defend policyholder interests, to regulate, promote, and assure the orderly expansion of the insurance business, and for issues associated with or incidental thereto.

Objective

• Enabling ‘Insurance for All’ by 2047, where:
  • Every person has enough life, health, and property insurance coverage
  • Every company is backed by adequate insurance solutions
  • Making the Indian insurance market more internationally appealing
• Making insurance “available, affordable, and accessible” to people through a ‘Gram Sabha-to-district-to-state-level’ method.
• These improvements have the potential to quadruple the number of employment in the industry to 1.2 crore.

• The IRDA recognised the large gaps in insurance coverage that exist in a variety of industries, including life, health, motor, property, and agriculture.
• Through their Bima Trinity strategy, which involves partnership with general and life insurance businesses, they are attempting to create a revolutionary ‘UPI-like moment’ in the insurance market.
• This holistic strategy seeks to provide individuals with a packaged insurance solution that tackles different risks while being affordable and accessible.

Bima Sugam

• A single platform called Bima Sugam will unite insurers and distributors under the Bima Trinity plan, expediting the insurance process and establishing a one-stop shop for clients.
• Policyholders can use this platform to easily seek services and settle disputes.

Bima Vistar

• The creation of Bima Vistar, a complete risk cover packaged solution, intends to speed up claim settlements.
• Bima Vistar offers speedier claim payouts using parametric triggers that eliminate the need for surveyors, guaranteeing that specified benefits are swiftly deposited to the policyholder’s bank account.

Bima Vaahak

• The IRDA envisions a women-centric workforce of Bima Vaahaks (carriers) in each Gramme Sabha who will meet with the female heads of each household to persuade them that a composite insurance product like Bima Vistar can come in handy if there is any distress.

• To meet the aim of giving insurance coverage to everyone by 2047, the IRDA is: 
  • Exploring the development of state-level insurance panels similar to those found in the banking industry.
    • These committees will work with state governments to develop district-level strategies to provide localised insurance solutions that meet the different requirements of the community. 
  • Proposing changes to insurance regulations that would allow insurers to provide value-added services in addition to their policies.
    • These modifications are intended to make insurance more desirable by including other perks like as gym or yoga memberships and nursing services for remote parents.

Issues Triggering Manipur Violence

Source : Indian Express
GS III : Internal Security

What is discussed under Issues Triggering Manipur Violence?

1. What is the reason?
2. About Kuki and Meitei communities

Why in News ?

The Meitei people, who inhabit the Imphal Valley and have a predominately Hindu majority, and the predominantly Christian tribes from the nearby hills, notably the Kuki and Zo peoples, engaged in an ethnic conflict on May 3, 2023.

Key Facts

What is the reason?

• Conflict is between the Kuki and Meitei communities.
• The Kuki community lives in the mountainous regions, while the Meitei community lives in the foothills.
• There is a dispute between the two communities regarding their inclusion in the Scheduled Tribes.
• Kuki community believes that the Meitei community should not be included in Scheduled Tribes.
• May 3 protest was held in Manipur’s Churachandpur over the dispute and Since then the state has been witnessing violence.

What are the other issues?

• Since the reservation issues triggered the violence, there are other issues due to which the state is witnessing violence.
• They are reservation, religion, land, political representation etc also triggered the conflict.

What is the impact?

• More than 40,000 people have fled from the violence-hit areas.
• 80 people have died so far.
• Also raises concerns about the possibility of fringe elements becoming active.
• In this area, which shares a porous international border with Myanmar, smugglers including those who convey drugs are active.

Government Actions?

• The Internet has been banned across the state till May 31. And a curfew has been imposed in many districts.
• Indian Army and Assam Rifles have been deployed across the state.

What is SoO agreement or Suspension of Operations (SoO) Pact?

• The SoO agreement with Kuki was signed in 2008 as a ceasefire agreement between the Indian government and various Kuki militant groups operating in the northeastern states of Manipur and Nagaland.
• Kuki militant groups agreed to stop carrying out violent activities and come to designated camps to be monitored by security forces.
• In the agreement Indian government agreed to suspend its operations against the Kuki groups.
• UPF and KNO abide by the Constitution of India, laws of the land, and territorial integrity of Manipur.
• The groups are given arms only to guard their camps and protect their leaders.

About Kuki and Meitei communities

Kuki people

• The Kuki people are an ethnic group in the southeastern part of Manipur, Mizoram and Myanmar in India.
• The Kuki constitute one of several hill tribes within India, Bangladesh, and Myanmar. 

Kuki National Army

• The Kuki National Army is a Kuki insurgent group active in Northeast India and northwest Myanmar.
• It is the armed wing of the Kuki National Organisation.
• They aimed at the idea of forming a Kukiland consisting of Kuki-populated areas in Myanmar, Manipur, Assam, and Mizoram.
• They have intercommunal violence between both the Kukis and the Nagas.

Meitei communities

• The majority ethnic group of Manipur, Northeast India, is the Meitei people, sometimes referred to as the Manipuri people or Meetei.
• The Meitei ethnic group represents about 53% of Manipur’s population.
• They are using Meitei language.
• The diaspora settled in other North-East Indian states of Assam, Tripura, Nagaland, Meghalaya, and Mizora.

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