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Monday, March 06, 2023

Why India needs a Green Revolution 2.0

 

Varieties that can withstand extreme temperature and rainfall variations, while yielding more using less water and nutrients are the need of the hour given temperature surges.

The Indian economy, especially agriculture, is a “gamble on the monsoon”. That famous early-20th century statement by then viceroy, George Curzon, perhaps, needs rephrasing today. More than the monsoon, it is temperatures that are emerging as a greater source of uncertainty for farmers. Access to irrigation can, to some extent, compensate for a failed monsoon or two. The fact that the country produces more foodgrains now during the rabi (winter-spring) than in the kharif (post-monsoon) season is testimony to the role of irrigation in drought-proofing. But what can farmers do with mercury spikes in February and March? These threaten rabi harvests, which were hitherto considered assured and immune from rainfall vagaries. While rabi crops were always vulnerable to spring thunderstorms and hail, the risks from them pale in comparison to that on account of shorter winters and advanced onset of summers.

The impact of temperature surge was seen  in March 2022, when the wheat crop had just entered its final grain formation and filling stage. The heat stress led to early grain ripening and reduced yields. This year, February recorded the highest-ever maximum temperatures, thanks to the absence of active western disturbances that bring rain and snowfall over the Himalayas, whose cooling effect percolates into the plains. Currently, both minimum and maximum temperatures are ruling 3-5 degrees Celsius above normal in most wheat-growing areas. The next couple of weeks or more are going to be crucial. So long as the maximum remains within 35 degrees, there should be no danger of March 2022 repeating itself. But it only highlights how much of a “gamble on the mercury” agriculture has become.

Climate isn’t the only risk farmers are confronting. Even as the prospects for wheat are uncertain, prices of onion and potato have crashed. Mustard, too, is trading below its minimum support price with the arrival of the new crop — a far cry from the situation a year ago when edible oil inflation had peaked following Russia’s invasion of Ukraine. The dual risks from climate and prices may not be new; the difference lies in their frequency, volatility and intensity. Farmers, scientists and policymakers have to adapt to this reality. Green Revolution 2.0 has to be about varieties that can withstand extreme temperature and rainfall variations, while yielding more, using less water and nutrients. This should be accompanied by better crop planning and market intelligence: Farmers must know what to plant, how to manage their crop at various stages under different stress scenarios, and when to sell. Agriculture for today and tomorrow cannot be the same as it was yesterday.

Source: Indian Express, 6/03/23

Wednesday, March 01, 2023

Quote of the Day March 1, 2023

 

“In order that people may be happy in their work, these three things are needed: they must be fit for it; they must not do too much of it; and they must have a sense of success in it.”
John Ruskin
“अगर किसी को अपने कर्म में सुखी होना है, तो इन तीन चीजों की आवश्यकता है: वे उसके लिए उपयुक्त हों; वे इसकी अति न करें; और उन्हें इस कर्म में सफलता का आभास हो।”
जॉन रस्किन

Current Affairs-February 26, 2023

 

INDIA

  • Computer scientist Hari Balakrishnan has been awarded the 2023 Marconi Prize.
  • Indian Air Force contingent reaches in UAE to participate in Exercise Desert Flag VIII.
  • First G20 Finance Ministers & Central Bank Governors meeting concludes in Bengaluru.
  • World’s longest river cruise ‘MV Ganga Vilas’ to culminate its journey in Dibrugarh
  • Ellora -Ajanta International Festival 2023 begins in Maharashtra.

ECONOMY & CORPORATE

  • India ranks 42nd among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce.
  • India asks IMF and FSB to prepare technical paper on regulating crypto assets

WORLD

  • Russian space agency launches Soyuz spacecraft to bring back 3 astronauts stranded on ISS
  • Bangladesh government signs agreement with ISA to increase use of solar energy in country
  • Researchers demonstrated in mice the underlying neural mechanism that allows mice to feel empathy.
  • Earthquake reveals Earth’s core has two distinct layers made of differently structured iron crystals.

SPORTS

  • Indian Greco Roman wrestler Ankit Gulia bags Bronze medal in Ibrahim Moustafa ranking series in Egypt.
  • Strandja Memorial Boxing Tournament: Govind Kumar Sahani, Anamika and Anupama storm into finals.

Current Affairs- February 25, 2023

 

INDIA

  • Kerala government launched robotic scavenger, Bandicoot, to clean sewages under the Guruvayur Sewerage Project in Thrissur district.
  • Telecom Regulatory Authority of India (TRAI) directed the telecom service providers to submit service quality reports for each state and UT.
  • Union Education Minister Dharmendra Pradhan to inaugurate New Delhi World Book Fair.
  • International Bio-resource Conclave & Ethno-pharmacology Congress 2023 commences in Imphal.
  • Prime Minister to inaugurate ‘Barisu Kannada Dim Dimava’ cultural festival at Talkatora Stadium in Delhi.
  • Women 20 (W20), an official G-20 engagement group inception meeting to be held at Aurangabad.
  • Centre approves renaming Aurangabad to Chatrapati Sambhajinagar & Osmnabad to Dharashiv in Maharashtra.

ECONOMY & CORPORATE

  • National Stock Exchange (NSE) launches India’s first municipal bond index, the India Municipal Bond Index (IBMX).
  • Paytm becomes first to launch UPI LITE for small value transactions.
  • Report: Proportion of funding to women-led start-ups grew in 2022.
  • Finance Minister Nirmala Sitharaman seeks ideas on sovereign debt and climate transition finance at the meeting of G-20 finance ministers and central bank governors.

WORLD

  • Meta is releasing a new large language model based on artificial intelligence (AI) aimed at the research community.
  • Financial Action Task Force (FATF) suspended Russia’s membership over Ukraine war.
  • World Bank announces $2.5 billion in additional Ukraine aid on war anniversary.
  • European Union member states backed a 10th package of sanctions on Russia.

SPORTS

  • Indian pair Anirudh Chandrasekhar and N Vijay Sundar Prashanth storm into doubles final in Bengaluru Open ATP challenger tournament.
  • Women’s T20 World Cup: South Africa reaches maiden ICC final.

Current Affairs- February 27, 2023.

 

INDIA

  • Kerala inks pact with UN Women to empower women in tourism.
  • Karnataka to get India’s first Marina to promote coastal tourism.
  • Japan to invest ₹7,200 crores in Uttar Pradesh, HMI Group is developing 30 hotels in the state.
  • PM Modi to inaugurate Shivamogga airport in Karnataka.
  • Rs 16800 to be disbursed to Farmers under Pm Kisan Today
  • CBI arrests Delhi Deputy CM Manish Sisodia in excise policy case.
  • Exercise Desert Flag VIII: LCA Tejas to take part in its maiden global air exercise.

ECONOMY

  • FM Nirmala Sitharaman meets heads of World Bank, IMF; discusses debt restructuring.
  • Commerce Ministry: Services exports to cross USD 300 billion this fiscal
  • Pakistan govt raises policy interest rate by 200 bps for IMF Bailout.
  • Direct benefit transfers reach Rs 5.5 trillion so far in the current financial year.

WORLD

  • Elon Musk’s SpaceX set to launch next International Space station crew for NASA.
  • UAE to send its second astronaut to space on a long haul mission to ISS
  • Thousands of people take to streets in Portugal over cost-of-living crisis due to inflation.

SPORTS

  • Tennis: Novak Djokovic breaks Steffi Graf’s record of 377 weeks at Number 1 rank.
  • Football: Lionel Messi scores 700th club goal; Mbappe crosses 200th goal for PSG club.

Current Affairs- March 1, 2023

 

INDIA

  • ISRO successfully conducts key rocket engine test for Chandrayaan-3, from ISRO Propulsion Complex at Mahendragiri in Tamil Nadu.
  • Jan Aushadhi scheme expects a turnover of over ₹1,000 crore this fiscal, with an increase in number of pharmacies and new product launches.
  • February 28 is celebrated as National Science Day to commemorate the announcement of the discovery of the “Raman Effect”.
  •  IMD: India records hottest February in over a century, likely to experience heat waves between March and May.
  • Rajesh Malhotra, a 1989-batch Indian Information Service (IIS) officer, was appointed as the Principal Director General of the Press Information Bureau.
  • Report: Karnataka and Gujarat are among the major states making the most progress in transition to clean electricity.

ECONOMY

  • The government launched the Grievance Appellate Committee (GAC), a faceless dispute resolution mechanism, as part of IT Rules
  • CMIE Data: India’s unemployment rate rose to 7.45% in February from 7.14% in the previous month.
  • Axis Bank completes acquisition of Citigroup’s India consumer business for an overall consideration of ₹11,603 crore.

WORLD

  • UK to launch India-Britain exchange scheme and announce Indo-Pacific tech envoy.
  • G20 Foreign Ministers Meeting (FMM) is scheduled to take place in physical format in New Delhi under India’s presidency.
  • UK government reached a landmark deal ‘Windsor Framework’ with the European Union (EU) on post-Brexit trade rules that will govern Northern Ireland.
  • Russian President Vladimir Putin bans use of foreign words to ‘protect’ Russian language.

 SPORTS

  • Men’s and Women’s Hockey Teams’ goalkeepers PR Sreejesh and Savita received the Sportstar ACES 2023 award.
  • Djokovic beats Tomas Machac at the Dubai Championships abd extends winning streak to 18 matches

Current Affairs-February 28, 2023.

 

INDIA

  • Mizoram would export ‘Bird’s eye chilli’ of the state to the United States for the first time.
  • Railways will spend Rs 32000 crore on new lines, Rs 13000 crore on customer amenities.
  • Gujarat passes bill to extend period for filing applications to regularise illegal constructions.
  • National Pharmaceutical Pricing Authority (NPPA) fixed retail prices of 74 medicines including diabetes.
  • The Archaeological Survey of India (ASI) has found a 1,300-year-old Buddhist stupa in Odisha’s Jajpur.
  • Department of Telecommunications (DoT) will offer the indigenous 5G testbed free of cost to government-recognised startups.

ECONOMY

  • After Singapore, India’s UPI will be likely extended to UAE, Mauritius, Indonesia.
  • SEBI proposes uniform expense ratio for Mutual Funds to curb mis-selling.
  • Bloomberg Billionaires Index: Elon Musk surpasses France’s Bernard Arnault to regain his spot as the world’s richest person.

WORLD

  • Canada announced that it is banning TikTok from all government-issued mobile devices.
  • World Bank report: Earthquake damage in Turkey to exceed USD 34 billion.
  • India and the UK will launch the Young Professionals Scheme today.
  • Italian Prime Minister Giorgia Meloni to be chief guest at 8th Raisina Dialogue

SPORTS

  • Argentina’s Lionel Messi bagged the Best FIFA men’s player prize for 2022 after beating World Cup final rival, Kylian Mbappe.
  • Australia lift ICC Women’s T20 World Cup Trophy beating South Africa by 19 runs in Cape Town.