Addapedia Odisha | Daily Current Affairs | 25 October 2024 | Download PDF

• Ayurveda Day is an annual celebration dedicated to promoting Ayurveda, an ancient system of medicine with roots in India, that emphasizes holistic health and wellness. 

About:

• • Ayurveda Day is celebrated on Dhanvantari Jayanti, which is the 13th day of the dark fortnight in Ashwin.
  • The Government of India officially declared Ayurveda Day in 2016 to promote Ayurveda as a traditional system of medicine”.
  • 9th Ayurveda Day is to be celebrated on October 29, 2024.
  • Over 150 countries are participating globally.
• Theme:
• “Ayurveda Innovations for Global Health” is the focal theme for this year’s celebrations.

The logo for the Ayurveda Day has the following elements.

1. The silhouette of lord Dhanwantari in the centre of the logo represents the lord of Medicine.
2. The five petals in the logo symbolize Pancha Mahabhuta and three circles beneath signify Vata, Ptta, Kapha, the fundamental principles of Ayurveda.
3. An oval leaf encircling the elements depicts the essence of healing through Nature based on these fundamental principles.

• The Union Cabinet, chaired by Prime Minister Narendra Modi, has sanctioned a dedicated Rs.1,000 crore Venture Capital Fund to support India’s space sector under IN-SPACe’s management. 
• This initiative is designed to stimulate technological advancements, strengthen India’s position in the space economy, and meet strategic national objectives.

Expected Benefits and Impact:

• Catalytic Effect on Funding: The fund is anticipated to attract additional private funding by increasing investor confidence.
• Company and Talent Retention: Aims to keep Indian space startups domiciled within the country, reducing overseas migration.
• Economic Scale-Up: Supports the growth target for India’s space economy to reach $44 billion by 2033.

IN-SPACe:

• IN-SPACe was set up by the Indian government in 2020 to encourage private sector involvement in the space sector.
• Indian National Space Promotion and Authorisation Centre (IN-SPACe) is a single-window, independent, nodal agency that functions as an autonomous agency in the Department of Space (DOS).
• Chairman: Dr. Pawan Kumar Goenka

• Justice Sanjiv Khanna is set to take his oath as the 51st Chief Justice of India on November 11, 2024.
• Tenure: He will serve for a tenure of just over six months, concluding on May 13, 2025.

About:

• Born on May 14, 1960, Justice Khanna began his legal career by enrolling as an advocate with the Bar Council of Delhi in 1983.
• Key Judgments: 
  • Justice Khanna presided over the Supreme Court Bench that granted interim bail to former Delhi Chief Minister Arvind Kejriwal for the 2024 Lok Sabha election campaign.
  • He was also a member of the Constitution Bench that upheld the amendments to Article 370 concerning Jammu and Kashmir.

• The maximum limit for Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been raised from ₹10 lakh to ₹20 lakh.
• The increase in loan limits was announced by the Finance Minister on July 23, 2024, during the Union Budget 2024-25.

Key points:

• A new loan category, Tarun Plus, has been introduced for amounts exceeding ₹10 lakh and up to ₹20 lakh. 
• This category will be available to entrepreneurs who have successfully repaid prior loans under the Tarun category.
• Objective: The primary goal of this enhancement is to further the overarching aim of the Mudra Scheme, which is to “Fund the Unfunded.” This initiative is designed to support the growth and expansion of emerging businesses.

About:

• The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Shri Narendra Modi.
• The loans have been divided into three categories based on the need for finance and stage in maturity of the business.  
• These are Shishu (loans up to ₹50,000/-), Kishore (loans above ₹50,000/- and up to ₹5 lakh), and Tarun (loans above ₹5 lakh and up to ₹10 lakh). 

• The 31st edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX) is currently taking place from October 23 to 29 at the Eastern Naval Command in Visakhapatnam.

Key points:

• Originally named “Exercise Lion King” in 1994, SIMBEX has become a fundamental component of maritime cooperation between the Indian Navy and the Republic of Singapore Navy. 
• This year, the exercise aims to deepen the strategic partnership between India and Singapore, focusing on enhancing interoperability, improving maritime domain awareness, and fostering collaboration to tackle shared maritime challenges.

Structure of the Exercise

SIMBEX 2024 consists of two main phases:

Harbour Phase (October 23-25):

• Conducts Subject Matter Expert Exchanges (SMEEs)
• Includes cross-deck visits and sports events
• Features pre-sail briefings

Sea Phase (October 28-29):

• Takes place in the Bay of Bengal
• Involves advanced naval drills, including:
• Live weapon firings
• Anti-submarine warfare (ASW) training
• Anti-surface and anti-air operations
• Seamanship exercises
• Tactical maneuvers

• The Odisha government has delisted five private hospitals in the state for irregularities in providing services under the Gopabandhu Jana Arogya Yojana (GJAY).
• Out of these, four are from outside Odisha and one from inside the State.

About:

• Gopabandhu Jana Arogya Yojana (GJAY) is a comprehensive health insurance scheme in India.
• Named after the eminent social reformer Gopabandhu Das, this scheme aims to provide financial protection to the vulnerable sections of society by covering the cost of hospitalization and medical treatment.
• The Biju Swasthya Kalyan Yojana (BSKY) has been renamed to Gopabandhu Jan Arogya Yojana. 
• This rebranded scheme, along with the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PM-JAY), will offer cashless treatment to patients in approximately 27,000 empanelled hospitals.

• The Odisha Cabinet has approved the implementation of the “Samrudha Krushak Yojana” across the state.

About:

• The Government of Odisha State in Budget 2024 has introduced an initiative named Samrudha Krushak Yojana with the intention of providing financial support and help to all the financially unstable farmers across the state. 
• Under this yojana the farmers can directly sell their crops/paddy to the Government at a very fair price.
• The Officials will buy the farmers crops at a very fair and reasonable price so that they become financially strong.

• The decline of mangrove forests around Bhitarkanika National Park in Odisha poses a significant risk to the nearby villages. 
• These dense, salt-tolerant trees play a crucial role in coastal ecosystems, providing protection against storms, erosion, and saltwater intrusion. 
• Their degradation has far-reaching consequences for local communities

About:

• Mangroves are salt-tolerant trees and shrubs that grow in intertidal zones, where land meets the sea. 
• They form dense forests along coastlines, particularly in tropical and subtropical regions. 
• Mangroves play a crucial role in coastal ecosystems, providing numerous benefits to both humans and the environment.

Types of Mangroves

• Mangroves can be classified into three main types based on their growth habits:
• True Mangroves: These are species that are exclusively found in mangrove forests and are adapted to survive in saline conditions. Examples include Rhizophora (red mangroves), Avicennia (black mangroves), and Bruguiera (white mangroves).
• Overwash Mangroves: These are species that can tolerate occasional saltwater inundation but are not as well adapted to saline conditions as true mangroves. They often grow on the fringes of mangrove forests or in areas with less frequent flooding.
• Washover Mangroves: These are species that are not typically found in mangrove forests but can occasionally be found in coastal areas, especially after storms or hurricanes. They are not well adapted to saline conditions and may struggle to survive in the long term.

Refer to Addapedia notes for detailed info on Bhitarkanika National Park.

• Ahead of the translocation of two female tigers from Maharashtra, the Forest department has readied a soft-release enclosure in Similipal where the big cats will be kept under observation before being let out to the reserve.

About:

• • The state government has decided to bring two tigers from Tadoba-Andhari Tiger Reserve (TATR) in Maharashtra to supplement the big cat population in Similipal Tiger Reserve (STR).
• At present, STR has around 27 tigers and 12 cubs.

Refer to Addapedia notes for detailed info on Simlipal Tiger Reserve.

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