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[Newsbits] 21.07.2023

Swetha 21/07/2023

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ASCI Charity Norms

ASCI Charity Norms
News
ASCI released new charity norms
What
Guidelines for advertisements
For charitable causes
Highlights
Crowdsourcing platforms to disclose fees
Charged when seeking donations for charitable causes
Advertisers must disclose
If collected funds could be used for other purposes
Advertisements not to overtly suggest
Non-supporters of charity failing in responsibility
Or should feel ashamed
Advertisers not to use graphic images
Of victims in distress
Especially children and minors
Images causing unjustified distress to consumers
Must be blurred
Should be made visible only
To those clicking in to know more
Why
Crowdsourcing platforms like Ketto
Directly deduct 5% of donations
Non-profits increasingly active advertisers
Especially on digital media
Who
From Advertising Standards Council of India (ASCI)
Self-regulatory body of the advertising industry

ENaira

ENaira
News
ENaira adoption remains low
<0.1% of people using it
In the country
What
Central bank digital currency
Of Nigeria
Why
To promote financial inclusion
To increase cross-border transactions
To facilitate diaspora remittances
To complement existing payment systems
Significance
First African country to launch a CBDC
How
Doesn't replace physical Naira
Functions as digital representation
ENaira wallets
Similar to bank accounts
Kept separate from existing bank accounts
Licensed financial institutions responsibilities
ID verification, payment processing
Creating wallets for CBDCs
Who
Launched by Central Bank of Nigeria
When
Launched in October 2021

Price Stabilization Fund

Price Stabilization Fund
News
Centre started procuring tomatoes
Under PSF
What
Fund to absorb volatility
In prices of selected commodities
Including tomatoes, onions, pulses
How
Target commodities purchased directly
From farmers by centre
Availability to consumers
At affordable rate
Losses shared between
Centre and states
Provision of interest-free loans
To state/ UT governments
Central agencies
Enable procurement and distribution of target commodities
Who
Established under Department of Agriculture
Cooperation & Farmers Welfare
Managed by Price Stabilisation Fund Management Committee
Maintained by Small Farmers Agribusiness Consortium
As a central corpus fund
Consortium promoted by agriculture ministry
When
Established in 2014-15

Bhartiya Prakritik Krishi Paddhti

Bhartiya Prakritik Krishi Paddhti
News
Information given in Rajya Sabha
What
Sub-scheme of Prampargat Krishi Vikas Yojna
Under umbrella of National Mission on Sustainable Agriculture
Centrally sponsored scheme
Promotes traditional indigenous agricultural practices
Why
To improve farmers' profitability
To improve quality food availability
To restore soil fertility
How
Provision of financial assistance
Rs 12200/ha for 3 years
Assistance used for
Cluster formation, capacity building
Continuous handholding by trained personnel
Certification and residue analysis
Vision of covering 12 lakh ha
In 600 major blocks of 2000 hectare
Across different states
Where
Covered states include
Andhra Pradesh, Chattisgarh, Kerala, Himachal Pradesh
Madhya Pradesh, Odisha, Tamil Nadu and Jharkhand
When
Since 2019

NADAMS

NADAMS
News
Written reply about NADAMS
In Rajya Sabha
What
National Agricultural Drought Assessment and Monitoring System (NADAMS)
Project for agricultural drought assessment
How
Assessment methods
Using rainfall, Remote Sensing Vegetation Index
Moisture Adequacy Index
During Kharif season
Provides almost real-time data
On agricultural drought
In terms of prevalence
Severity level
Persistence
Data levels
State, district, sub-district
Who
Developed by National Remote Sensing Centre
Operationalized by Mahalanobis National Crop Forecast Centre (MNCFC)
Attached office of Department of Agriculture & Farmers' Welfare
Where
Coverage across 17 states
Prone to drought
Including Andhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat
Haryana, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra
Odisha, Punjab, Rajasthan, Tamil Nadu, Telengana
Uttar Pradesh and West Bengal
Facts
FASAL
Forecasting Agricultural output using Space, Agro- meteorology and Land based observations (FASAL)
Project for crop production
Forecasting of field crops
Covers 9 crops
Rice, wheat, rabi pulses
Rapeseed & mustard, rabi
Jowar, cotton, jute
Tur and sugarcane
Operationalized by MNCFC

Foulden Maar

Foulden Maar
News
Recent purchase saved Foulden Maar
From commercial mining
What
Small, deep ancient lake
Formed 23 million years ago
Maar
Broad, low volcanic crater
Formed by phreatomagmatic eruptions
Explosions from groundwater and lava contact
Usually filled with water
Forming crater lakes
Features
Fossils of Galaxiidae family
Represent entire life cycles
From larval to adult stage
Preserved gut contents and coprolites
Inform about changing diet
Fish species like Anguilla
Freshwater eel
Likely a top predator
270 insects
From 17 genera, 15 families
Across 9 orders
Significance
Exceptional fossil site
One of the most exceptional
In the country
Another site: Hindon Maar complex
15 million years old
Rarity of ecosystem-representing fossil sites
Preservation of delicate features
Such as eyes, skin
Stomach contents
Original colour patterns
How
23 million years ago
Rainforest existed around lake
Diatoms bloomed each summer
Upon death
Sunk to lakebed
Formed sedimentary layers of diatomite
Preserved delicate fossils
Of flowers, insects, and fish
Recorded climate over 100,000 years
Where
Located in Otago
New Zealand
When
Formed at start of Miocene epoch
Region experienced warmer, wetter climate

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