Daily Current Affairs, 01 May

                     Krishna Circuit

The PHD Chamber of Commerce and Industry (PHDCCI) and the Indian Yoga Association (IYA) have signed a memorandum of understanding (MoU) to facilitate interaction and cooperation between the two organisations to promote wellness, spiritual and cultural tourism in the Krishna Circuit.

Krishna Circuit

  • Krishna Circuit is among the thirteen thematic circuits identified for development under Swadesh Darshan Scheme.
  • Twelve destinations have been identified for development under Krishna circuit namely Dwarka (Gujarat), Nathdwara, Jaipur & Sikar (Rajasthan), Kurukshetra (Haryana), Mathura, Brindhavan, Nandgaon, Gokul, Barsana, & Govardhan (Uttar Pradesh) and Puri (Odisha).

About Swadesh Darshan Scheme:

The Tourism Ministry had launched ‘Swadesh Darshan’ scheme with an objective to develop theme-based tourist circuits in the country. These tourist circuits will be developed on the principles of high tourist value, competitiveness and sustainability in an integrated manner.

Features of Swadesh Darshan Scheme:

  • The scheme is 100% centrally funded for the project components undertaken for public funding.
  • To leverage the voluntary funding available for Corporate Social Responsibility (CSR) initiatives of Central Public Sector Undertakings and corporate sector.
  • Funding of individual project will vary from state to state and will be finalized on the basis of detailed project reports prepared by PMC (Programme Management Consultant).

A National Steering Committee (NSC) will be constituted with Minister in charge of M/O Tourism as Chairman, to steer the mission objectives and vision of the scheme.

A Mission Directorate headed by the Member Secretary, NSC as a nodal officer will help in identification of projects in consultation with the States/ UTs governments and other stake holders.

PMC will be a national level consultant to be appointed by the Mission Directorate.

 Leisang Village in Manipur

  • The Leisang in Manipur has become the last village to be added to the national power grid under the Rural Electrification Scheme.
  • The government considers a village electrified if it has basic electrical infrastructure and 10% of its households and public places including schools, local administrative offices and health centres have power.
  • The government had allocated Rs75, 893 crore for the Deen Dayal Upadhyay Gram Jyoti Yojana with the aim of providing electricity access to all villages.


Government of India has launched the scheme “Deendayal Upadhyay Gram Jyoti Yojana” for rural electrification.

The erstwhile Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) scheme for village electrification and providing electricity distribution infrastructure in the rural areas has been subsumed in the DDUGJY scheme.

  • Rural Electrification Corporation is the Nodal Agency for implementation of DDUGJY.

The Yojana also includes the components:

  • To separate agriculture and non agriculture feeders facilitating judicious rostering of supply to agricultural and non-agricultural consumers in rural areas and
  • Strengthening and augmentation of sub transmission and distribution infrastructure in rural areas, including metering of distribution transformers/feeders/consumers.

     International Buddhist Conference

As part of 2562nd Buddha Jayanti celebrations, International Buddhist Conference was held in Lumbini, the birth place of Gautama Buddha.

The basic objective of the conference was to disseminate teachings of Gautama Buddha and spread the messages of nonviolence, brotherhood, co-existence, love and peace to the international community.

Trapdoor matriarch:

What is it?

  •  It is the world’s oldest known spider which died recently at the ripe old age of 43 after being monitored for years during a long-term population study in Australia.
  • The trapdoor matriarch comfortably outlived the previous record holder, a 28-year-old tarantula found in Mexico.

What is underwriting rule?

  • The Securities Appellate Tribunal (SAT) has asked the Securities and Exchange Board of India (SEBI) to review the regulations for underwriting of a public issue, the model agreement for which was framed back in 1993 and has since been in operation.

What is underwriting?

  • Underwriting is the mechanism by which a merchant banker gives an undertaking that in the event of an initial public offer (IPO) remaining under subscribed, the banker would subscribe to unsold shares. The underwriting clause, mandatory in all SME IPOs, ensures the issue does not fail due to low demand from investors.

AFSPA will continue in Nagaland: Rijiju

  • Minister of State for Home Kiren Rijiju said the Armed Forces (Special Powers) Act (AFSPA), 1958, will continue in Nagaland as it is a “special case” and the “peace agreement” hasn’t been finalized there yet.
  • Nagaland is the only State in the northeast India, apart from eight police stations in Arunachal Pradesh, where the AFSPA continues to be imposed by the Union Home Ministry.
  • In 2017, the Home Ministry gave up its powers and asked Assam to take a decision on continuing the AFSPA in the State.
  • Nagaland, Manipur and Assam are the only three States in northeast India that continue to be under the AFSPA.
  • AFSPA was withdrawn by Tripura in 2015.
  • AFSPA was revoked entirely from Meghalaya on 1 April, 2018.

The AFSPA gives powers to the Army and the Central forces deployed in “disturbed areas” to kill anyone acting in contravention of law, arrest and search any premises without a warrant and provide cover to forces from prosecution and legal suits without the Centre’s sanction.

  • The NSCN-IM signed a framework agreement with the Centre on August 3, 2015 to find a solution to the Naga issue.
  • The NSCN-IM has been fighting for ‘Greater Nagaland’ or Nagalim — it wants to extend Nagaland’s borders by including the Naga-dominated areas in neighboring Assam, Manipur and Arunachal Pradesh, to unite 1.2 million Nagas.

Heavy rain spells doom for baby turtles

  • Hundreds of thousands of Olive Ridley turtle hatchlings were found buried alive after four days of persistent thundershowers in Odisha’s Gahirmatha Sanctuary compacted their sand-pit nests.
  • This year, over six lakh turtles nested at Gahirmatha, which hosts more numbers of Olive Ridley than any mass nesting ground in India.
  • A spell or two of rain around now is normal but continuous and heavy rainfall this year, especially every afternoon between April 24 and 29, has had a catastrophic impact on the Gahirmatha rookery.
  • Since mother turtles return to the sea after laying the eggs, turtle babies get no help in averting dangers.
  • Also, high tide swept lakhs of eggs into the Bay of Bengal.

Lake Victoria species under threat: report

Three quarters of freshwater species endemic to East Africa’s Lake Victoria basin face the threat of extinction, conservationists said, warning the biodiversity there was being “decimated”.

  • A fresh report backed by the International Union for Conservation of Nature (IUCN) assessed the extinction risk of 651 freshwater species like fish, molluscs, dragonflies, crabs and aquatic plants native to Africa’s largest lake.
  • It found that a full 20% of these species were threatened with extinction.
  • The lake, which stretches into Kenya, Tanzania and Uganda and whose catchment also touches Burundi and Rwanda, is known for its high-level of unique biodiversity.
  • The report pointed for instance to the African Lungfish, a long eel-like fish, which it said has seen its numbers dwindle largely due to over fishing, poor fishing practices and environmental degradation as wetlands are converted to agricultural land.



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