• Admin

Daily Current Affairs : 4-Mar-2020

Major Topics Covered :

  1. NATIONAL INTERLINKING OF RIVER AUTHORITY

  2. BLACK CARBON LEVELS SPIKE AT HIMALAYAN GLACIERS

  3. STEPS FOR DOUBLING FARMER INCOME

  4. CALCULATING MSP

  5. #SheInspiresUsCampaign

  6. BANKING REGULATION (AMENDMENT) BILL


NATIONAL INTERLINKING OF RIVER AUTHORITY

Why in news?

  • The central government is working on the establishment of an exclusive body to implement projects for interlinking rivers.


Highlights:

  • To be called the National Interlinking of Rivers Authority (NIRA), the proposed body is expected to take up both inter-State and intra-State projects.

  • It will also make arrangements for generating funds, internally and externally.

  • The proposal for an apex body on river linking has been under discussion for the past 18 months. However, the official said that as of now, no specific timeline has been determined for the constitution of the Authority. Also, the earlier idea of framing a Bill, envisaging the creation of the NIRA, is not being pursued now.


Source : HINDU


BLACK CARBON LEVELS SPIKE AT HIMALAYAN GLACIERS

Why in news?

  • Black carbon concentrations near the Gangotri glacier has risen 400 times.


Highlights:

  • Black carbon concentrations near the Gangotri glacier rose 400 times in summer due to forest fires and stubble burning from agricultural waste, and triggered glacial melt, says a study by scientists at the Wadia Institute of Himalayan Geology (WIHG).

  • The monthly mean concentration of EBC (equivalent black carbon) was found to be minimum in August and maximum in the month of May. The observed seasonal mean concentrations of EBC indicated a pristine glacial source and an absence of EBC sources in the locality

  • Black carbon results from the incomplete combustion of fossil fuels and biomass. The fine particles absorb light and about a million times more energy than carbon dioxide. It is said to be the second largest contributor to climate change after CO2. But unlike CO2, which can stay in the atmosphere for years together, black carbon is short-lived and remains in the atmosphere only for days to weeks, before it descends as rain or snow.

  • India is the second largest emitter of black carbon in the world, with emissions expected to increase dramatically in the coming decades, says an April 2019 study in the journal Atmospheric Research, with the Indo Gangetic plains said to be the largest contributor.


Source : Hindu


STEPS FOR DOUBLING FARMER INCOME

Why in news?

  • Empowered body on doubling farmer income which was created to study the report of the Inter-ministerial committee on doubling farmer income has submitted its report.


Highlights:

  • The Committee has identified seven sources of income

  • Improvement in crop productivity;

  • Improvement in livestock productivity;

  • Resource use efficiency or savings in the cost of production;

  • Increase in the cropping intensity;

  • Diversification towards high value crops;

  • Improvement in real prices received by farmers; and

  • Shift from farm to non-farm occupations.


Source : PIB


CALCULATING MSP

Why in news?

  • The Union Budget for 2018-19 had announced the pre-determined principle to keep MSP at levels of one and half times of the cost of production.


Highlights :

  • Government fixes Minimum Support Price (MSP) on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP).

  • Government has increased the MSP for all mandated Kharif, Rabi and other commercial crops with a return of atleast 50 per cent of cost of production for the agricultural year 2018-19 and 2019-20.

  • The Government is working