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Recently, the Government e-Marketplace (GeM) has commemorated six years of the SWAYATT initiative.
o Key Features: Facilitates training and on boarding of last-mile sellers → Develops women entrepreneurship → Encourages participation of small-scale businesses in government procurement.
o Recent Developments: GeM signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce & Industry Ladies Organisation (FICCI-FLO), representing over 9,500 women entrepreneurs.
o Impact: Women entrepreneurs constitute 8% of the total seller base on GeM.
o Objective: Serves as the National Procurement Portal of India for ministries, departments, and PSUs.
o Development: Created by the Directorate General of Supplies and Disposals (Ministry of Commerce & Industry) with technical support from the National e-Governance Division (MeitY).
The International Conference on Carbon Markets, Prakriti 2025, recently concluded successfully.
o Excess Emission: Firms exceeding their quota must buy additional credits.
o Low Emission: Firms emitting less can sell unused credits.
o Incentive: Creates a financial push for emission reduction.
The ‘Cali Fund’ was launched recently to resume 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity (CBD) in Rome.
o Purpose: Aims to collect contributions from businesses utilizing genetic resources, ensuring fair benefit-sharing with indigenous communities and local populations.
o Beneficiaries: At least half of the funds are designated for indigenous peoples and local communities.
o Corporate Participation: Encourages companies to allocate a portion of their profits or revenues to the fund; discussions with firms from various countries, including the United States, are underway.
o Developing a global financing mechanism to mobilize $200 billion annually for biodiversity protection.
o Establishing a framework for monitoring and evaluating progress towards the Kunming-Montreal Global Biodiversity Framework targets.
A recent study indicates that climate change is set to increase algal blooms in Thames River, despite a significant reduction in phosphorus levels over the past decades.
o Origin: Thames Head, Cotswold Hills, Gloucestershire.
o Mouth: North Sea, via the Thames Estuary.
o Nore Sandbank: Marks the meeting point of the Thames and North Sea.
o Basin Area: Covers approximately 16,130 sq. km.
o Primary Nutrient: Phosphorus is a key nutrient that promotes algal growth.
o Sources: Commonly enters water bodies through agricultural runoff containing fertilizers and effluent discharge.
o Eutrophication: Excess phosphorus leads to nutrient-rich conditions, causing dense algal blooms.
o Oxygen Depletion: Decomposition of abundant algae consumes dissolved oxygen, potentially resulting in fish kills and biodiversity loss.
Traditional rainwater harvesting structures called kundis have been instrumental in providing potable water in the arid regions of Rajasthan, India. These structures are now being revived to combat water scarcity in desert areas.
o Catchment Area: The area around the kundi is paved to channel rainwater into the well.
o Inlet: Rainwater is directed through an inlet into the underground storage.
o Storage: The underground well stores the collected rainwater, protecting it from evaporation and contamination.
The Indian Army contingent has departed for the 6th edition of the India-Japan Joint Military Exercise, DHARMA GUARDIAN, scheduled from 24th February to 9th March 2025 in Japan.
o validation exercise for counterterrorism drills in desert and semi-desert terrain. High physical fitness, joint planning, and tactical drills.
o Advanced Special Forces skills and modern tactics, techniques, and procedures aligned with current operational needs.
o 48-hour-long
Nearly 700,000 Olive Ridley turtles have laid eggs at Odisha's Rushikulya rookery during an eight-day mass nesting period.
o Turtle Excluder Devices (TEDs): Odisha government mandates TEDs in trawl nets to reduce accidental turtle deaths.
o Operation Olivia: Launched in the 1980s by the Indian Coast Guard.
o Non-corrosive metal tags help track movements and identify key habitats.
o IUCN Status: Vulnerable
o Wildlife (Protection) Act, 1972: Schedule I
o CITES: Appendix I
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