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Current Affairs by Vizmins

Memorize Current Affairs for UPSC 21 november 2020

National Seismic Programme

NEWS :

  • The Ministry of Petroleum and Natural Gas and Steel has launched a Seismic Survey campaign of Oil India Limited in the Mahanadi basin of Odisha.
  • Mahanadi basin was chosen as the first location to roll out the National Seismic Programme.

National Seismic Programme

  • The National Seismic Programme was launched in 2016.
  • To trace hydrocarbon resources such as oil and natural gas.
  • The program aims to undertake a fresh appraisal of the sedimentary basins in the country.
  • The National Seismic Programme will conduct a high-resolution seismic acquisition, processing, and interpretation survey.

Seismic Survey

  • A seismic survey is a low impact method that gathers information about the location and characteristics of geological structures.
  • During the survey, acoustic sound signals are transmitted to the earth’s surface.
  • Different geographical layers reflect the sound differently.
  • Based on the returning sound waves received and recorded by microphones, the availability of oil and gas is determined.

Mahanadi Basin

  • Mahanadi is the eighth largest basin in the country.
  • Mahanadi river flows through Madhya Pradesh, Chhattisgarh, and Odisha.
  • Hirakud dam has been constructed across river Mahanadi.

Indian Regional Navigation Satellite System (IRNSS)

NEWS :

  • IRNSS has been accepted as a component of the World-Wide Radio Navigation System by the International Maritime Organisation (IMO) for its operation in the Indian Ocean Region.
  • This will enable the vessels to use IRNSS to obtain position information similar to GLONASS and GPS.

What it means

  • The navigation system up to 1,500 km in the Indian Ocean waters can now replace GPS.
  • This means that the ships in the Indian Ocean can obtain information from IRNSS for their position at sea.
  • The IMO is an organization of the United Nations.
  • With the recognition, India has become the fourth country after the US, Russia, and China to have its own navigation systems.

Sustainable alternative Towards Affordable Transportation (SATAT initiative)

NEWS :

  • India signed a Memorandum of Understanding with leading oil and gas marketing companies to establish Compressed Bio-Gas Plants all over India under the SATAT initiative.
  • These plants are to generate biogas from crop wastes.

  • The biogas produced from the plants can be used to power automobiles.

  • These fuels can be used to reduce the import by Rs 1 lakh crores.

National Digital Health Mission

NEWS :

  • The Government is preparing for the nationwide launch of the National Digital Health Mission.
  • The mission of the new digital health program is to provide affordable medical health facilities to the citizens.
  • Earlier the scheme was rolled out through a pilot launch in the Union Territories (Except for Delhi, J&k, and Ladakh).

 

Private sector banks reforms

NEWS :

  • The Reserve Bank of India (RBI) had constituted an Internal Working Group (IWG).
  • To review the extent ownership guidelines and corporate structure for private sector banks in India.
  • It was headed by Prasanna Kumar Mohanty.

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