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Context: A recent World Economic Forum (WEF) report predicts that the travel and tourism sector's contribution to global GDP will return to pre-pandemic levels by the end of 2024.
Travel & Tourism Development Index (TTDI)
oThis report is important because it has been developed as the industry standard and is the result of a collaboration between key industry partners and stakeholders.
oThe country is highly price-competitive (18) and boasts competitive air transport (26) and ground and port (25) infrastructure.
oThe rise was driven by the country’s strong natural (6), cultural (9), and non-leisure (9) resources. India is among the only three countries to score in the top 10 for all the resource pillars.
World Economic Forum
Context: The European Union recently activated its "rapid response mapping service" to assist Iran in searching for a helicopter carrying the President of Iran.
Europe’s Copernicus Programme
oIt also gets data from contributing missions (existing commercial and public satellites) and in situ or non-space sources such as ground stations.
oNamed after the 15th-century scientist Nicolaus Copernicus, the programme was launched in 1998.
oInitially, it was known as the Global Monitoring for Environment and Security Programme (GMES).
Copernicus EMS
oMapping Component: Provides maps and analysis based on satellite imagery.
oEarly Warning Component: Issues alerts about floods, droughts, and forest fires, and provides near-real-time assessments of forest fire impacts.
oRapid Mapping (RM): Delivers maps within days or hours, anywhere in the world. Used for immediate disaster response, such as locating Raisi’s crashed helicopter.
oRisk and Recovery Mapping (RRM): Provides maps for disaster management within weeks or months. Focuses on prevention, preparedness, disaster risk reduction, and recovery.
Context: Recently, wildlife authorities in Himachal Pradesh's Lahaul & Spiti district commenced surveys to conduct a census, estimating the populations of blue sheep or bharal and Himalayan ibex, primary prey for the iconic snow leopard.
Himalayan Ibex
Context: A Singapore Airlines flight (SQ321) from London to Singapore recently encountered severe turbulence, resulting in one death and several injuries.
Turbulence
oWIND SHEAR: Happens when there is a sudden change in wind direction, whether vertically or horizontally. Typically occurs close to thunderstorms, jet streams, etc.; tricky for pilots as tailwinds suddenly change to headwinds or vice versa.
oFRONTAL: Created in the frontal zone when warm air is lifted by sloping frontal surface and friction between opposing air masses. Most palpable when warm air is moist; intensity increases with thunderstorms. Most common close to thunderstorms.
oCONVECTIVE: When land surface temperature rises, the air above the ground heats up and rises, creating air pockets around it. Convection currents cause difficulties during approach as they tend to affect the rate of descent.
oWAKE: Forms behind an aircraft when it flies through air-creating wingtip vortices. Can be dangerous for small aircraft following bigger ones, which tend to disrupt the airflow more strongly in their wake.
oMECHANICAL: This type of turbulence occurs when tall solid objects such as mountains or highrise constructions disrupt the normal airflow, causing the air for planes to fly through to become dirty.
oCLEAR AIR: Occurs when an aircraft crosses from one air mass to another, which has a different direction. Clear air turbulence could also happen when an aircraft moves out of a jet stream. Clear air turbulence is mainly caused by wind or jet streams.
oMOUNTAIN WAVE: One of the most severe; these are oscillations that form on the downwind side of mountains when strong winds flow towards mountains in a perpendicular fashion. Aircraft tracking perpendicularly across, or downwind of a mountain, may experience sudden loss of altitude followed by a sudden reduction in airspeed.
Context: The Citizenship Amendment Act (CAA) sparked discussions in five Lok Sabha constituencies in West Bengal, particularly among the Matuas, a Hindu sect seeking citizenship under the act.
Matua Community
oDespite their long presence in India, a significant portion of the Matua population still lacks Indian citizenship.
oWest Bengal became a significant hub for the Matua community, fostering their cultural, social, and religious practices.
Matua Mahasangha
Context: Recently, the European Commission unveiled a global rise in short-stay Schengen visa fees, resulting in a 12% increase in the cost of Schengen visas (type C), affecting travelers intending to visit Europe.
Schengen Area
o25 EU states: Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Germany, Estonia, Greece, Spain, France, Italy, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, and Sweden.
oNon-EU members: Iceland, Liechtenstein, Norway, and Switzerland.
oRecent entry: Bulgaria and Romania become Schengen members.
Schengen visa regulation:
oThe visas are not purpose-bound, but they do not grant the right to work.
Context: Genetic drift, not natural selection, was recently identified as the main factor driving speciation in endangered pupfish species.
Genetic Drift
oGenetic drift describes random fluctuations in the numbers of gene variants in a population.
oIt takes place when the occurrence of variant forms of a gene, called alleles, increases and decreases by chance over time.
oThese variations in the presence of alleles are measured as changes in allele frequencies.
oBottleneck Effect: Population size severely decreases due to competition, predators, or diseases.
oFounder Effect: A new population is founded in a new location due to physical or geographical barriers. The new population formed does not interact and mate with the original population.
Gene Flow
Context: The Reserve Bank of India (RBI) recently cautioned that cryptocurrencies, propelled by speculative interests, pose risks to the financial system, urging retail investors to exercise caution.
Cryptocurrency
oIt is a digital representation of value,
oIt can be transferred electronically and
oIt is recorded in a digital ledger (Blockchain Technology) that is widely accessible.
Significance of Cryptocurrencies
Context: Artificial wombs, a groundbreaking innovation, offer promising prospects for infertile women, potentially revolutionizing reproductive technology.
Artificial Womb
oIn these devices, babies do not breathe air but have their lungs filled with lab-made amniotic fluid, replicating the conditions of the womb.
Context: Recently, the coal ministry invited proposals from public and private sector entities, among others, for coal gasification projects, as part of an ₹8,500-crore viability gap funding initiative.
Viability Gap Funding (VGF)
oThis scheme operates as a Plan Scheme, with budget allocations made on an annual basis by the Ministry of Finance.
Components of Viability Gap Funding Scheme
oThe amount of VGF under this scheme shall be equivalent to the lowest bid for capital grant, subject to maximum of 30% (Thirty percent) of the Total Project Cost.
oUnder this scheme, the Central Government and State Governments jointly fund up to 80% of capital expenditure and up to 50% of operation and maintenance costs for the first five years.
oThe Central Government contributes a maximum of 40% of the total project cost (TPC) and may additionally cover up to 25% of operational costs during the project's initial five years of commercial operations.
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