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#Economy #TermsInNews

Long Term Repo Operations

It is a tool under which the central bank provides one-year to three-year money to banks at the prevailing repo rate, accepting government securities with matching or higher tenure as the collateral
#OperationShield-Covid-19 #Govtinitiative #2MinReads

- by Delhi Govt
- SHIELD stands for sealing, home quarantine, isolation and tracing, essential supply, local sanitation and door-to-door checks.
-It will be implemented in 21 localities identified as containment zones in Delhi
#2MinReads #Govtinitiative #CoVID-19
iGOT — Integrated Government Online Training

- It offers online training for doctors, nurses, paramedics, hygiene workers, technicians, Auxiliary Nursing Midwives (ANMS), central & state govt. officers, civil defence officials, various police organisations and other volunteers to help fight the COVID-19 pandemic.

Diksha portal

DIKSHA Portal is an initiative of HRD ministry for providing a digital platform to teacher to make their lifestyle more digital.

It will help teachers boost their teaching skills and create their own profile with their skills and knowledge.
#2MinReads #CoVID-19TermsInNews
Genomic Sequencing
-it is a Technique used to read and interpret genetic information found within DNA or RNA.
- India became the fifth country in the world to sequence the genome of the
SARS-CoV2.
Applications
It helps track the transmission route of the virus.
To determine how quickly the virus is adapting as it spreads.
It identifies targets to therapies, Vaccine n Anti Viral drug development
Global Initiative on Sharing All Influenza Data (GISAID)
It is a public platform started by the WHO in 2008 for countries to share genome sequences
#EconomyCurrents

7th Economic Census
It is being conducted nationwide through Common Service Centres (CSC), was expected to be completed by March 2020. 

By - Ministry of Statistics and Programme Implementation

This is the first time the census is being conducted Digitally.

Indian Economic Census

It is the census of the Indian economy through counting all entrepreneurial units in the country which involved in any economic activities of either agricultural or non-agricultural sector.

Previous 6 Census:1977, 1980, 1990, 1998, 2005, 2013.

It provides information such as number of persons employed, number of establishments, type of ownership, source of finance, etc.
#2MinReads #Envt_Currents

Madhuban Gajar - Biofortified Carrot

- developed by Shri Vallabhhai Vasrambhai Marvaniya, a farmer scientist from Gujarat.
-contains high β-carotene and iron content.

Biofortification?

It is the process of increasing nutritional value of food crops by increasing the density of vitamins and minerals in a crop through either conventional plant breeding; agronomic practices or biotechnology.
#2MinReads #Economy_Currents

Infrastructure Investment Trust(s) (InvIT)

Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT).

This will enable NHAI to monetize completed National Highways that have a toll collection track record of atleast 1 year.

NHAI’s InvIT will be established as a Trust, named as ‘InvIT Trust’. InvIT Trust will be under Indian Trust Act, 1882 and Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. 

Infrastructure Investment Trust(s) (InvIT) 

An Infrastructure Investment Trust (InvITs) is like a mutual fund, which enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure to earn a small portion of the income as return.
#2MinReads #Economy_Currents

Euro Corona bonds

Corona bonds would be a collective debt amongst EU member states, with the aim of providing financial relief to Eurozone countries battered by the coronavirus.

The funds would be mutualised and supplied by the European Investment Bank, with the debt taken collectively by all member states of the European Union.
#CoVID-19-Terms_in_News #SnT_Currents #PT2020


Cytokine Storm?

A cytokine storm is an overproduction of immune cells and their activating compounds (cytokines).
In a flu infection, it is often associated with a surge of activated immune cells into the lungs.

The resulting lung inflammation and fluid buildup can lead to respiratory distress and can be contaminated by a secondary bacterial pneumonia — often enhancing the mortality in patients.

Of all the possible compounding effects of COVID-19,  the cytokine storm is one of the most feared.
#2MinReads

National Intelligence Grid(NATGRID)

The NATGRID is a counter terrorism Programme. The grid connects databases of core security agencies of India. 

It utilizes technologies like Big Data to study and analyze huge amounts of data from various intelligence and enforcement agencies. 

NATGRID is being implemented in four phases. 

It was first proposed after the Mumbai terror attacks in 2008.
#1MinRead #CoVID -19

Aarogya Setu
- a mobile application BY GoI
- to connect health services and the people in the fight against COVID-19.

- Helps informing the users about the potential risk of infection, best practices and relevant medical advisories
#1MinRead #CoVID-19

Shri Shakti Challenge
-By GoI on MyGOV platform
-Solution Challenge for Startups, Entrepreneurs and individuals for proposing technology solutions in the field Bioinformatics, datasets, Apps for diagnosis etc that can be leveraged for strengthening the fight against Corona.
- A total prize money of INR 22,50,000 has been committed by UN Women
#2MinRead #CoVID-19 #TermsInNews

Contact Tracing Technology

Contact tracing is the process of identifying, assessing, and managing people, exposed to a disease to prevent onward transmission.

Technology by Google and Apple.

Working
COVID-19 patients would have to declare their status to the respective apps voluntarily.

following this, all people whose Android/iOS smartphones were detected nearby such patients, would get notified.

Bluetooth-based technology feature would make it work without downloading an app.
#2MinRead #SchemesInNews

National E-Assessment Scheme

launched to make income tax assessment faster, smoother and hassle – free. 

It uses digital technology for risk management.

Artificial Intelligence, Automated examination tools and machine learning are predominantly used in framing the system.

The system focuses on eliminating the middle men between the tax payer and the officer.

The chief commissioner of the Income Tax department will head the National e – Assessment Center (NeAC) in New Delhi.
#1MinRead

YUKTI Portal

- Young India Combating Covid with Knowledge, Technology and Innovation (YUKTI)

- It is a unique portal to monitor and record the efforts and initiatives of MHRD.

It will also cover the various initiatives and efforts of the institutions in academics, research especially related to Covid-19.
#2MinRead #TermsInNews #CoVID-19

Blood Plasma Therapy for COVID-19

Technically called “convalescent-plasma therapy"

It uses the immune power gained by a recovered person to treat a sick person.

Blood serum from the person who has recovered from CoVID-19, rich in antibodies, is then administered to a COVID-19 patient.

antibodies?
They are a Specific type of proteins secreted by immune cells called B lymphocytes when they encounter an invader, such as a novel coronavirus.

They identify and mark the invading virus and White blood cells gets rid of the infection.
#TermsInNews #SnT_Currents #PT2020

Geofencing

Geofence is a virtual perimeter for a real-world geographic area.

Geofencing is a location-based service in which an app or other software uses GPS, RFID, Wi-Fi or cellular data to trigger a pre-programmed action when a mobile device or RFID tag enters or exits a virtual boundary set up around a geographical location(geofence).


News - States now Requires approval of HOME SECRETARY to get information from Dept of Telecom on violations of Geofence
#2MinRead  #OrgInNews #PT2020

Financial Action Task Force(FATF)

- Established in 1989, HQ Paris
- an inter-governmental body
- to combat money laundering, terrorist financing and financing of proliferation of weapons of mass destruction.

Grey List Countries of FATF
safe haven for supporting terror funding and money laundering. eg Pak

Black List Countries
Non-Cooperative Countries or Territories (NCCTs) are put in the blacklist

News- IND to sue Pakistani Ahmed Syyed for a murder charge.(Pak is in Grey List)
#2MinRead  #SchemesInNews #PT2020

‘Tamanna’ (Try And Measure Aptitude And Natural Abilities)  

Launched by: MoHRD, CBSE and NCERT in 2019.

It is an online aptitude test to help students(of 9th and 10th) make the right career choices, by making right subject choices in 11th and 12th standard.
#1MinRead  #PT2020  

Operation Namaste( 2020)

An anti-COVID-19 campaign by Indian Army to help the government in its fight against the pandemic.