26th August Current Affairs
August 26, 2020
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27th August Current Affairs

Trancos and Gencos to charge 12% top on Late Payment Surcharge

Why in News:

The Power Ministry declared that the Generating Companies and the Transmission Companies have been encouraged to charge Late Payment Surcharge at a rate not surpassing 12% per annum. With this, the money related weight on Discoms is to back out.

Features:

The loan fees in India have been mellowed throughout the most recent couple of years. Nonetheless, the pace of late installment overcharges are still very high. The rate has run up to 18% per annum. This has antagonistically affected Discoms during the COVID-multiple times. In this manner, it has now been decreased to 12% straightforwardness out budgetary weights on Gencos and Trancos.

The Government of India has taken number of measures to relieve the unfriendly effects. This remembers refund for limit charges, Liquidity Infusion Scheme. Additionally, ongoing power market was propelled by the Indian Energy Exchange. The UDAY conspire was propelled to pivot the monetary places of state power appropriation organizations

UDAY:

UDAY is Ujwal DISCOM Assurance Yojana. It was propelled in November 2015. Discoms are the Distribution Companies that are capable to purchase power from age organizations and offering to buyers.

In October 2019, the complete remarkable duty of the force creating organizations was Rs 81,010 crores.

Indian Railways produce 6,40,000 days of work under Garib Kalyan Rozgar Abhiyan

Why in News:

The Indian Railways have produced more than 6,40,000-man days under Garib Kalyan Rozgar Abhiyan in six states. They are Jharkhand, Bihar, Madhya Pradesh, Rajasthan, Odisha, Uttar Pradesh.

Features:

Till August 21, 2020, around 12,276 specialists have been enlisted under Garib Kalyan Rozgar Abhiyan. The Indian Railways had recognized the accompanying works under the plan.

Garib Kalyan Rozgar Yojana:

The plan was propelled by PM Modi to support employment openings in provincial India. Coming up next are the significant features of the plan.

The plan is being composed by 12 distinct services including street transport, panchayati raj, mines, drinking water and disinfection, provincial turn of events, sustainable power source, and so forth.

The towns are to join the plan through Common Service Centers and Krishi Vigyan KEndras.

Why these six states in explicit?

During COVID-19 emergency, dominant part of traveler laborers have come back to these six states. These locale spread around 66% of traveler laborers. The picked locale incorporate optimistic areas also.

Krishi Vigyan Kendras:

They are a basic piece of National Agricultural Research System. These focuses survey the area of explicit innovation modules through innovation appraisal, exhibits and refinement. It is 100% financed by GOI.

Nuakhai Juhar Festival celebrated in Chhattisgarh and Odisha

Why in News:

Nuakhai Juhar festival was celebrated in Odisha, Chhattisgarh and other neighbouring states. It is celebrated to welcome the new crop of the season. It is also called Nuakhai Parab or Nuakahi Bhetghat.

Highlights:

During the festival, food grains are worshipped. The locals organize dances and folk songs in their districts displaying their culture and tradition. It is predominantly celebrated in western Odisha. However, this year due to COVID-19 lock down, people celebrated the festival inside their homes.

Since March 2020, several other tribes have celebrated their festivals indoors

Other festivals:

Galos Tribes:

They are one of the major tribes of Arunachal Pradesh that dominate West Siang district. They are recognized as Scheduled tribe.

MOPIN is their major festival. It is celebrated for the prosperity of the villages. However, this year due to COVID-19, the rituals were performed for the safety of humans. The dance of the tribes is called Popir dance.

Adi Tribe:

The Adi tribe are living in East Siang and Lower Dibang valleys of Arunachal Pradesh. They are believed to have come from southern China.

The Adi community performs rituals called motor or pator system.

Solungg and Aran are the major festivals of Adi tribe. Solung is a harvesting festival where animal sacrifice rituals are performed. On the other hand, Aran is a hunting festival where the male members of the family go for hunting.

The Adi community tribals are experts in making bamboo and cane products.

Nyishi Tribe:

They are the single largest tribe of Arunachal Pradesh. They speak Tibeto-Burman language. They practice slash and burn agriculture.

The Nyishi tribe is a scheduled tribe. They are also called Bangni.

Nyokum is the festival celebrated by the Nyoshi tribe. It is the festival of inviting all the gods and goddesses in the universe at a particular time and to a particular place.

ARIES Astronomers trace mystery behind dwarf galaxy

Why in News:

The scientists at the Aryabhatta Research Institute of Observation Science (ARIES) has found dwarf galaxies that are forming new stars at the rate of 10-100 times more than that of Milky Way Galaxy. This however, according to the scientists do not last longer than a few tens of million years.

Particulars:

These dwarf galaxies according to the scientists last only for few billion years. Also, the formation of new stars in these galaxies also happen for a very short duration which is a few million years. The scientists used the following telescopes to make these observations.

Key Findings:

The scientists have found that the star formation at high rate requires high density of hydrogen in the galaxies. The hydrogen in these short living small galaxies is very minimal. On the other hand, in a well defined galaxy, the hydrogen distribution is symmetrical.

Also, hydrogen in these dwarf galaxies are in the form of isolated clouds, tails, plumes.

Telescopes in India:

The major telescopes in India are as follows:

Indian Astronomical Observatory, Hanle

Udaipur Solar Observatory, Udaipur

MACE:

The world highest and India’s largest telescope gamma ray telescope MACE is in Ladakh. MACE is Major Atmospheric Cherenkov Experiment Telescope. It is placed at an altitude of 4,300 metres above the sea level. It is the world second largest ground based gamma-ray telescope.

X-Ray Polarimeter Satellite:

It is a planned space observatory satellite that is to be launched in 2021. The telescope is developed by the Indian Space Research Organization. The satellite is to study cosmic X-rays.

China sells most advanced warship to Pakistan

Why in News:

China launched an advanced warship for Pakistan. This is the largest it has built for a country and also the first among the four most sophisticated naval platforms.

Particulars:

China has sold Type 054A/P to Pakistan. It is a guided missile frigate. A Frigate is a warship that has mixed armament and is generally heavier than that of a destroyer.

The acquisition of the warship will double the combat power of Pakistani Navy surface fleet. It is also expected that Pakistan will have three more similar warships added to its fleet by 2021.

India’s concerns:

The ship was launched after Pakistan foreign minister Shah Mahmood Qureshi discussed the situation in the Indian union territory of Jammu and Kashmir with his Chinese counterpart.

Apart from this, the new version of aircraft developed by China and Pakistan are to be upgraded and inducted by Pakistan by December 2020.

China-Pakistan:

Since 1962, that is after the India-China war, China has been a steady source of military equipment to Pakistan army. Recently, the Chinese Chengdu J-10B was inducted in Pakistan army. It is considered as the closest American counterpart of Lockheed Martin F-16C.

China is the largest investor in Gwadar Sea port. This is viewed by India as a possible launchpad for the Chinese Navy. Also, China has played a major role in development of nuclear infrastructure.

China Pakistan Economic Corridor:

The CPEC is to connect Pakistan and China and the Central Asian countries. This a part of Belt Road Initiative of China. India is against CPEC as it passes through Pakistan occupied Kashmir.

China’s intentions:

China is taking advantage of India-Pakistan hostility to counter Indian dominance. Also, Chinese goods in Indian market is disrupting local manufacturing. By export promotion schemes and incentives, China is dumping its less quality inexpensive goods in India. This is affecting local businesses.

India is countering Chinese moves through anti-dumping duties and huge support through vocal for local initiatives.

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