Daily Current Affairs  – 17 October 2022

Bullwhip Effect  About:  It is a supply chain phenomenon that refers to the amplification of variability in demand as one moves up the supply chain from retailers to manufacturers. Describes how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer and raw material supplier […]

In Context Recently, an expert team has identified six varieties of Neelakurinji across the Santhanpara region of Western Ghats. About Neelakurinji Flower It is a shrub of the Acanthaceae family that famously blooms once every 12 years.  It is endemic to Western Ghats, covering the slopes of Kerala, Karnataka and Tamil Nadu. Their scientific name […]

In News Preparations in full swing to clear legacy landfills by 2026 under the  Swachh Bharat Mission (Urban) 2.0 : Housing and Urban Affairs Ministry About SBM (Urban) 2.0 Aim:  Making all cities “garbage-free” by the end of its five-year period (1st October 2021 to 1st October 2026). Completing the work remaining, institutionalizing ‘swachh’ behavior […]

In Context Recently, Various plant-based meat startups have come up such as Shaka Harry,              Beyond Meat and UnCrave. What is Plant based meat? Plant-based meat (also referred as meat alternative or fake meat) is a food              product eaten as a replacement for meat.  It bio-mimics or replicates meat, seafood, eggs, and milk derived from              animals […]

In News The US Food and Drug and Drug Administration (FDA) announced a shortage of Adderall, medication used to treat Attention-Deficit Hyperactivity Disorder (ADHD). About ADHD  It is one of the most common neurodevelopmental disorders of childhood.  It is usually first diagnosed in childhood and often lasts into adulthood.  Children with ADHD may have trouble […]

In News The Department of Financial Services (DFS) has recently modified the Emergency Credit Line Guarantee Scheme (ECLGS) for the aviation sector, raising the scheme’s cheaper loan limit to 1,500 crore from 400 crore to help the sector tide over cash-flow problems. The move is aimed at giving the necessary collateral-free liquidity at reasonable interest […]

In News  The U.S.-India Trade Policy Forum (TPF) has been scheduled for November 8 in Washington DC. About U.S.-India Trade Policy Forum  The forum is an inter-agency collaboration led by the US Trade Representative (USTR). It is the principal trade dialogue between the two countries.  It has five focus groups:  Agriculture,  Investment,  Innovation and Creativity […]

In News  As Part of India’s G20 Presidency, the Government is planning to host five key meetings focusing on the “culture track” at Khajuraho, Bhubaneswar, Hampi and Agra. About  The cities have been chosen mainly for well-known monuments and UNESCO World Heritage Sites such as Taj Mahal and Agra Fort (UP), the Hindu and Jain […]

In Context Recently, Prasthan, an Offshore Security Exercise was conducted  under the aegis of Headquarters, Eastern Naval Command. About Exercise  conducted every six months. It aims to integrate the efforts of all maritime stakeholders involved in offshore defence. Source:LM

In News Recently, the Department of Telecom has released the draft Indian Telecommunication Bill, 2022 for public comment.  About Aim of the Bill: Reforming existing telecom laws and regulations, and making them future ready. Background:  Since the 19th century, the central construct of these laws has been two-fold:  Delivery of telecom service (a dynamic concept […]