PFRDA To Launch Guaranteed Return Scheme

The (PFRDA) is launching a guaranteed return scheme called Minimum Assured Return Scheme (MARS).

Highlights

This scheme will be launched to supply people from the salaried classes with an Investment option.

PFRDA has appointed EY Actuarial Services LLP as a consultant to design the proposed MARS under National Pension Scheme (NPS).

It will be the first scheme from the pension regulator to supply a guaranteed return to investors.

However, only the ground is about in the proposed scheme. A consultant is probably going to figure out the framework within some months.

Industry Connect 2022

The seminar on ” Connect 2022″: Industry and Academia Synergy were opened by Dr. Mansukh Mandaviya, Union Minister of Health & Family Welfare, Chemicals & Fertilizers.

Highlights

The seminar on “Industry Connect 2022”: Industry and Academia Synergy were opened by Dr. Mansukh Mandaviya, Union Minister of Health & Family Welfare, Chemicals & Fertilizers.

The importance of innovation and technology for the country’s prosperity and increasing industry-academic ties are emphasized.

The Prime Minister’s vision of Make in India and Make for the World would be aided by the Prime Minister’s innovative zeal and the mass production of high-quality products.

There were two technical sessions held during the Seminar.

This conference also included representatives from the CIPET, TDB (Technology Development Board), and numerous industrial organizations.

Yilan Crater Discovered In China

Geologists have discovered a crater named “Yilan Crater,” the northwest of Yilan in Heilongjiang Province of China.

Highlights

Before 2020, one impact crater, “Xiuyan Crater,” was discovered in Liaoning province, despite China’s large area.

Then, in 2021, the Yilan crater was discovered in the heavily forested Lesser Xing’an range. The residents knew it as “Quanshan” or “circular mountain ridge.”

Characteristics of Yilan crater

Yilan crater is slightly bigger than Xiuyan. It spans about 1.85 kilometers. Thus, it’s an enormous crater on Earth under 100,000

years old.

Carbon dating sediments suggest that this crater was formed between 46,000 and 53,000 years ago.

First State to Have 100% First Dose Vaccinations Telangana

has become the first state in India to complete 100 percent of the first dose of Covid-19 vaccination.

Highlights:

Telangana has given out the first doses of vaccination for 2.77 crore citizens with

the help of Health workers, including the ASHA workers and ANMs to doctors.

In terms of the first dose, the state is 9% ahead of the national Average, while in terms of the second dose, it is 3% ahead of the national average.

Vaccination for children aged 15 to 18 will begin on January 3, 2022. It will be carried out in dual-mode mode.

Children in Municipal Corporation areas can use CoWIN to register for vaccination.

PETA Indias 2021 Person Of The Year – Alia Bhatt

People for the Ethical Treatment of Animals (PETA) India has named Alia Bhatt as its Person of the Year for 2021.

Highlights:

She is an animal lover who frequently posts pictures of her pets on Social Media.

Alia Bhatt invested in Phool, the company that created Feather, a vegan leather made from discarded temple flowers, earlier this year.

Ed-a-Mamma, her vegan children’s clothing line, also won a PETA India fashion award in 2021 for fostering children’s love of animals and nature.

Alia also starred in a PETA India campaign promoting adoption to help cats

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and dogs. She has taken advantage of her position to advocate for stricter animal protection legislation.

UNSC Counter-Terrorism Committee: Indias Chair

After a ten-year absence, India will take over as chair of the UN Security Council’s counter-terrorism committee in 2022 January.

Highlights:

The Counter-Terrorism Committee is more important for India because it has been advocating for relevant measures to combat terrorism on a

global scale.

The committee was last chaired by India in 2012.

Ambassador TS Tirumurti, India’s Permanent Representative to the United Nations, announced on January 8, 2021, that India will chair three important UNSC communities in 2021-22.

The Taliban Sanctions Committee, the Counter-Terrorism Committee, and the Libya Sanctions Committee are the three committees.

Inmarsat-6 F1 Communications Satellite Launched by Japan

Inmarsat-6 F1, a Communication satellite, has been launched from Japan’s Tanegashima Space Center.

Highlights:

It was launched by a Mitsubishi Heavy Industries (MHI) H-IIA204 rocket into geostationary orbit, about 22,240 miles (35,790 kilometers) above the earth.

Inmarsat, a London-based company, is developing it as part of its next-generation satellite broadband service.

The satellite is the first of two ‘I-6’ spacecraft and weighs 12,060-pounds (5,470 kilograms).

The Inmarsat-6 F1 launch, designated H-IIAF45, is Japan’s third orbital flight of 2021 and H-second IIA’s mission of the year, marking the H-IIA vehicle’s 45th flight overall.

NASA Psyche Mission

In August 2022, NASA will launch the Psyche mission. It will be the first mission to explore Psyche, a massive Metal asteroid in the main asteroid belt.

Highlights:

The asteroid Psyche is orbiting the Sun between Mars and Jupiter. The Psyche mission

is one of NASA’s two early Solar System exploration missions.

The Lucy mission is another mission to study the early Solar System by exploring Jupiter’s Trojan asteroids.

The Psyche Mission is the first mission to be launched by NASA to investigate Psyche, a unique giant metal asteroid.

Govt launches national forest fire helpline

Nearly three years after being suggested byLok SabhaMPs to have such an alert mechanism, the Environment ministry has set up a national helpline forforest firecases in the country. The move will help forest officials to reach the spot faster and prevent the fires from spreading.

A toll free number (18001 19334) – assigned for the helpline – can also be used to report cases of illegal trade and poaching of animals.

As far as forest fire is concerned, nearly 36% (2,53,151 sq. km) of the forest cover in India is considered prone to forest fires. There are 26 most forest fire affected districts, spread over 11 states, in

India. The forest fire season in the country is normally from November to June with the majority of it being caused due to man-made factors.

North-eastern states show the highest tendency of forest fire with Mizoram, Tripura, Meghalaya and Manipur reporting highest forest

fire Probability in terms of its frequency.

According to theForest Survey of India(FSI) that has been assisting state forest departments and other agencies to deal with the problem since 2004, parts of western Maharashtra, southern part of Chhattisgarh, central part of Odisha and few parts ofAndhra Pradesh, and Karnataka are showing patches of extremely and very highly fire prone zones.

Old pension scheme will burden future taxpayers: Niti VC

Niti Aayogvice-chairmanSuman Bery expressed concern over the revival ofold pension schemeby some states, saying it would burden future taxpayers at a time when India needs to focus on fiscal prudence and promoting sustained Growth.

Bery also underlined the need for enhancing and creating a space for the private sector through Fiscal Consolidation.

While Rajasthan and Chhattisgarh have decided to implement OPS,Himachal Pradeshhas promised to restore scheme if voted to power in the state. Jharkhand too has decided to revert to OPS.

Bery further explained that in general, state borrowing is effectively limited by theRBIso states don’t threaten the overall financial stability.