7 Sep | UPSC Current Affairs: SAMRIDH Scheme, Agni-4, Loss and Damage Fund, Anoles, and More

UPSC GS 2

SAMRIDH Scheme

  • News: The Ministry of Electronics and Information Technology (MeitY) recently launched the second cohort of SAMRIDH.
  • SAMRIDH Scheme:
      • The SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development, and Growth) is a flagship programme launched by the Ministry of Electronics & IT (MeitY) under the National Policy on Software Products – 2019.
      •  It was initiated in August 2021 with the objective of accelerating software product startups in India.
      •  The programme aims to support 300 startups over a period of 4 years, with a total outlay of ₹99 crore.

SAMRIDH Scheme

  • Key Objectives:
      • Startup Acceleration: Supports existing and upcoming accelerators to select and scale potential IT-based startups.
      • Growth Opportunities: Focuses on providing startups with connections to customers, investors, and international markets.
  • Eligibility Criteria for Accelerators:
      • Legal Status: Should be a registered Section-8 company/Society, [Not-for-Profit Company (eligible to hold equity)] operating in India.
      • Experience: The accelerator and its team should have over 3 years of startup experience and should have supported more than 50 startups.
      • Investment Success: At least 10 startups supported by the accelerator must have received investment from external investors.
      • Cohort Experience: The accelerator must have experience running startup program cohorts with activities desirable under the SAMRIDH program.
  • Support Provided:
      • Services Offered: Accelerators provide startups with services like product-market fit, business plan development, investor connections, and international expansion.
      • Funding Support: MeitY provides matching funding of up to ₹40 lakh to assist startups.
  • Implementation:
      • Responsible Bodies: The scheme is implemented through MeitY Start-up Hub (MSH) and Digital India Corporation (DIC).
      • Nationwide Implementation: It is executed through potential and established accelerators across India.

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UPSC GS 3

 Agni-4

  • News: A successful launch of an Intermediate Range Ballistic Missile, Agni-4, was carried out from the Integrated Test Range in Chandipur, Odisha recently.
  • Agni Missiles: 
      • The Agni missile series is developed indigenously by DRDO. 
      • The Agni missiles are long-range, nuclear weapons capable, surface-to-surface ballistic missiles.
  • The Agni-IV: 
      • It is an Indian solid-fueled intermediate-range ballistic missile (IRBM) with a range of up to 4,000 km.

Agni-4

  • Key Features: 
      • Class: Intermediate-range ballistic missile (IRBM)
      • Range: Up to 4,000 km.
      • Payload: 1,000 kg.
      • Launcher: Road-mobile.
      • Previous Tests: Covered 3,000 km in 20 minutes (2012).
      • Launch weight: 17,000 kg
      • Warhead: Nuclear or conventional
      • Propulsion: Two-stage solid propellant

Loss and Damage Fund

  • News: In the wake of the devastating landslides that recently struck Kerala’s Wayanad district, a crucial conversation has emerged around whether entities can seek compensation through the United Nations Framework Convention on Climate Change (UNFCCC)’s Loss and Damage Fund (LDF).
  • Loss and Damage Fund (LDF) Overview:
      • The Loss and Damage Fund (LDF) was established at the 2022 UNFCCC Conference (COP27) held in Egypt. 
  • Aim:
      • It is designed to offer financial support to regions experiencing both economic and non-economic losses due to climate change.
  • Purpose:
      • Economic Loss and Damage: Provides support for losses that can be assigned a monetary value. Examples include:
      • Costs of rebuilding infrastructure damaged by floods.
      • Loss of revenue from crops destroyed by drought.
      • Non-Economic Loss and Damage: Addresses impacts that are difficult or infeasible to quantify in monetary terms. Examples include:
      • Trauma from experiencing natural disasters such as tropical cyclones.
      • Loss of community due to displacement.
      • Loss of biodiversity.

Loss and Damage Fund

  • Key Features:
      • Support for Vulnerable Nations: Designed to aid countries most affected by climate-related challenges.
      • Financial Assistance: Provides grants and concessional financing to eligible countries.
  • Governance and Management:
      • Governing Board: Oversees the allocation and disbursement of the fund’s resources.
      • Interim Trustee: The World Bank serves as the interim trustee for a period of four years, managing the fund’s operations.
  • Funding Contributions:
      • Voluntary Contributions: Encourages contributions from developed countries.
      • Inclusive Participation: Also invites contributions from developing countries to support the fund.

Indian Graphene Engineering and Innovation (IGEIC)

  • News: The Ministry of Electronics and Information Technology (MeitY), Government of India, has officially announced the launch of the India Graphene Engineering and Innovation Centre (IGEIC), a key initiative under the vision of Viksit Bharat@2047.
  • Definition:
      • The Indian Graphene Engineering and Innovation Centre (IGEIC) is a pioneering non-profit, Section 8 company established to advance graphene technology commercialization. 

Indian Graphene Engineering and Innovation (IGEIC)

  • Objectives:
      • Graphene Technology Commercialization:
      • Aims to bridge the gap between research and development (R&D) and commercialization.
      • Focuses on creating a hub of excellence in graphene technology.
  • Ecosystem Development:
      • Works to build a comprehensive graphene ecosystem in India.
      • Engages with startups, small and medium enterprises (SMEs), academia, industry, and government.
  • Global Initiative:
      • Supports bilateral collaborations and forms part of a broader international effort.
  • Location and Facilities: Situated in Trivandrum, Kerala.
  • Historical Context: Follows the launch of the India Innovation Centre for Graphene (IICG) in Kerala, which was India’s first graphene center.

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Anoles

  • News: Florida’s battle with invasive species has taken a new turn, as the population of the non-native brown anole lizard — a key host for disease-carrying mosquitoes  is declining.
  • Anoles (Genus Anolis) Overview:
  • Family:
      • Anoles are species of small tree-dwelling lizards related to iguanas (family Iguanidae).
  • Evolutionary Significance:
      • Anoles are a diverse group of lizards that serve as a model system for studying evolutionary biology.
      • They are particularly significant for research on adaptive radiation and island biogeography.

Anoles

  • Geographic Distribution:
      • Primarily found in the Americas, with a notable presence in the Caribbean islands.
      • Native to both the Neotropical and Nearctic regions.
  • Adaptive Radiation:
      • Anoles are a classic example of adaptive radiation, a process where a single ancestral species evolves into many descendant species, each adapted to different ecological niches.
  • Characteristics:
      • Anoles are vertebrate (an animal with a spine or backbone).
      • Anoles are cold-blooded. 
      • Males are slightly larger than females.
      • Males have a bright pink dewlap (flap of skin) that hangs beneath the neck. 
      • The green anole is often called ‘chameleon’ because of their ability to change colors from bright green to brown.
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