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India to pilot 1000 MWh Battery Energy Storage System (BESS)

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Central Government has given its approval to invite the expression of interest for installation of pilot 1000 MWh Battery Energy Storage System (BESS) project.

This pilot project is the joint effort of Ministry of New & and Ministry of Power.

Both the ministries have been working on this in order to provide a

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road map for installation of energy storage system in India.

The Battery Energy Storage System (BESS) will be set in a bid to support the ambitious goal of achieving 450 GW renewable energy target by the Ministry of New & renewable energy by 2030.

International Day of Rural Women is Clebrated On 15 of Oct

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the International Day of Rural Women is commemorated. The theme for the 2021 International Day for Rural Women is Rural women who cultivating food for all.

This day is dedicated to gender and the Empowerment of rural women.

It also acknowledges the importance of rural women, including indigenous women, in increasing agricultural and rural development, reducing rural POVERTY, and

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ensuring Food Security.

According to the report, if women are given equal opportunity, agricultural production can increase by 2.5 to 4%.

Which will reduce the number of persons suffering from Malnutrition from 12% to 17%

World Sight Day Observed On Oct 14

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The second Thursday in October is designated as World Sight Day. And this year the day was observed on 14 October. It is the most important day in the eye Health calendar for advocacy and Communication.

This day is a global initiative to

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raise awareness about blindness and vision impairment.

It was founded in the year 2000 by the Lions Club International Foundation’s Sight First Campaign.

It is observed with the goal of bringing disability and blindness to the attention of the entire world.

In 1998, Lions Clubs International teamed with blindness presentation organizations to commemorate the first World Sight Day.

In News – Northern Ireland Protocol

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The Northern Ireland protocol was designed to prevent checks across the border between Northern Ireland (US) and the Republic of Ireland (EU), following Brexit.

The Protocol came into

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force in the beginning of 2021.

It has resulted into disagreements between the UK and EU as it disrupted trade between Great Britain and Northern Ireland.

The UK government has been calling to rewrite the deal.

Under this protocol it was agreed that Northern Ireland will continue to follow EU rules on product standards in order to prevent checks across the border.

Goods entering Northern Ireland from Scotland, England or Wales would be inspected.

China sets up $233 million Kunming Biodiversity fund

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China pledged to inject $233 million into a new fund called Kunming Fund for the protection of biodiversity in developing countries, recently.

This decision was taken during a key UN conservation summit, even though major donors disagreed on it.

China pledged as it the worlds biggest polluter and seeks to play a prominent role internationally on Biodiversity conservation.

The funding issue for the Kunming Biodiversity Fund will be taken up in January 2022 at

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negotiations in Geneva. Chinas pledge is below the $4 billion committed by Britain for conservation projects across the world as well as Frances commitment to spend 30 percent of its Climate finance on protection of biodiversity.

Joshi Laboratory Excellence Award by QCI

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QCI (Quality Council of India) launches Prof. S.K. Joshi Laboratory Excellence Award. This is Indias first laboratory excellence award. The Excellence Award has been instituted to promote Laboratory Quality and performance improvement in the country.

Highlights:

The award has been incepted to ensure the

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laboratorys dedication to attain excellence in presenting high precision checking out and calibration offerings in line with the universal national/international high-quality structures legislations, inclusive of Health, Safety & Environment.

This award will be open to all presently operational laboratories pertaining to Testing, Calibration & Medical along with their Proficiency Testing Providers & Reference Material Producers positioned in India.

Forest Rights Act 2006 To be Carried Out

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Forest Rights Act of 2006 was to be carried out in Jammu and Kashmir.

Highlights:

The Government of Jammu & Kashmir has decided to implement

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the Forest Rights Act, 2006.

It will enhance the socio-economic status of tribes and nomadic communities, including Gujjar-Bakarwals and Gaddi-Sippis.

The decision will address the prolonged struggling of tribal people and also ensure forest conservation.

T+1 Settlement System – SEBI

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(SEBI) has provided a T+1 settlement system for stock Market exchanges. If the stock exchange agrees to the proposal, buyers will get cash for Shares they sold or bought in their accounts faster, and in a safer and secure Environment.

About T+1 (T+2, T+3) cycles:

T+1 (T+2, T+3) refers to the abbreviation of the settlement date of securities transactions.

“T” represents the transaction date, that is, the date on which the transaction occurred.

The numbers 1, 2, or three denote how many days after the transaction date the settlementor the transfer of cash and protection ownershiptakes place.
T+1

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refers to stocks and Mutual Funds, while T+1, T+2, and T+3 refer to Bonds and Money market funds.

Digital Agriculture – Ministry of Agriculture

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The Ministry of Agriculture-notes-for-state-psc-exams”>Agriculture and Farmer Welfare signs 5 memorandums of understanding with private enterprises to advance digital agriculture.

The government has launched a digital agriculture mission from 2021 to 2025. The project is based on new technologies such as , blockchain, remote sensing and GIS technology, the use of drones and robots.

The Agriculture value chain extends from crop selection to crop management and the market; it includes public and non-public players in agricultural inputs and Services and also Logistics.

In addition to

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promoting innovation, the establishment of an agricultural digital ecosystem requires a long-term perspective on interoperability, data Governance, data quality, data standards, security, and privacy.

First Five-Country Biosphere Reserve of the World

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Mura-Drava-Danube (MDD) was declared as the worlds first five-country Biosphere reserve by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

Highlights:

The biosphere reserve covers seven hundred kilometres of the Mura, Drava and Danube rivers and stretches across , Slovenia, Croatia, Hungary and Serbia.

The complete vicinity of the reserve is a million hectares – in the so-called Amazon of Europe, which is now the greatest riverine included area in Europe.

The biosphere represented an essential contribution to the European Green Deal (Climate motion plan) and

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contributed to the implementation of the European Union Biodiversity Strategy in the Mura-Drava-Danube region.

The strategys aim is to revitalise 25,000 km of rivers and guard 30% of the European Unions land area through 2030.

The vicinity is one

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of the richest in Europe in terms of Species diversity. It is domesticated to floodplain forests, gravel and sand banks, river islands, oxbows and meadows.