Sugarcane farmers demand timely payment of FRP, SAP from mills.
Farmers
in Maharashtra and Uttar Pradesh are gearing up to agitate against mills
demanding timely payment of Fair and Remunerative Price (FRP) and State Advised
Price (SAP).
The
sugar millers claimed that higher FRP and SAP leads to rising cane price
payment arrears.
Sugarcane
farmers in Maharashtra have demanded that sugar mills must pay FRP in one go.
About:
According
to the Indian Sugar Mill Association (ISMA), one of the main reasons for cane
price payment arrears is high FRP set by the Centre.
Millers
said that they are facing a tough financial situation, as there is no
correlation between the revenue generated by mills and the cost incurred in the
production of sugar.
The
FRP is based on the cost of production of sugarcane and an element of assured
profit as to cover the risk of sugarcane farmers.
According
to ISMA, the mark up above the cost of production of sugarcane, at an all-India
average basis, is as high as 100 per cent over the cost of producing sugarcane.
Millers
claimed the Minimum Selling Price (MSP) has been revised only once back in
February, 2019 to ₹31/kg. The government has increased the FRP for sugarcane
from October, 2020 but not the MSP.
The
Centre increased the FRP by ₹10 to ₹285 per quintal for a basic recovery of 10
per cent for the current season.
NITI
Aayog, along with various States, have requested for a hike in the MSP to ₹33-36
per kilo, to facilitate timely payment to farmers.
National
Youth Day.
12th
January is celebrated as National Youth Day to commemorate Swami Vivekananda’s
birth anniversary.
He
became an inspirer of India’s dormant national consciousness owing to his
address at the Parliament of the World’s Religions, 1893.
He
established the Ramakrishna Math in Belur (1897) to spread the teachings of
Vedanta (monism) and to improve the social conditions of commoners.
Kalaripayattu.
Kalaripayattu
is set to see a surge in popularity with the establishment of an academy in the
Kerala capital.
Kalaripayattu
is a Martial art which originated as a style in Kerala during 3rd century BC to
the 2nd century AD.
There
are also plans to link the academy with the Dance Training College that is also
part of the Crafts Village.
Classes
will be organised in such a way that training in Kalaripayattu will help those
learning dance.
Other martial arts of India:
Tamil
Nadu: Silambam&KuttuVarisai;
Manipuri:
Thang-Ta (HuyenLanglon) andSarit Sarak ;
Himachal
Pradesh: Thoda;
Punjab: Gatka;
Bengal:
Lathi Khela;
Maharashtra:
Mardaani Khel,Mallakhamba;
J&K:
Squay.
India
proposed an 8-point action plan at the UNSC.
Indian
foreign minister S Jaishankar Tuesday proposed an 8-point action plan at the
UNSC.
The
objective is aims to ensure effective action against the menace of terrorism.
Even without naming either Pakistan or China, the minister slammed the former
for aiding terrorism and took a dig at the latter as he said that there can be
no double standards on the issue of terrorism and that the practice of blocking
requests for designation of terrorists "without any rhyme or reason"
had to end.
China
had earlier at least on 4 occasions blocked a UN ban on JeM chief Masood Azhar
even though he headed an organisation already designated by a UNSC sanctions
committee.
In
an intervention at a UNSC debate on combating international terrorism, Indian
foreign minister called upon the Council to first summon up the political will
to combat terrorism, saying there must be no ifs and buts in this fight.
"Nor should we allow terrorism to be justified and terrorists glorified.
All
member States must fulfill their obligations enshrined in international counter
terrorism instruments and conventions.
It
was important to not countenance double standards in this battle as there are
no good or bad terrorists. He said those who propagate this distinction have an
agenda and those who cover up for them are just as culpable.
It
must firmly discourage exclusivist thinking that divides the world and harms
our social fabric.
US, India differ in 3D printing
adoption.
A
new study finds that while US firms tend to acquire 3D printing technologies
more than Indian ones, they fall behind in the actual application of these
methods in production.
About the study:
The
study, by Mengli Zhao and others from China’s Jiao Tong University, is based on
a 2017 survey of over 600 professionals in product development and 27 firm
managers.
The
use of 3D printing in manufacturing is picking up as it improves
sustainability.
The
technology uses less energy and produces less waste than traditional methods.
It also allows manufacturing to be done on demand, so less space is needed to
store inventory.
One
reason why US firms are keener on acquiring 3D printing technology is that they
are more aware of it.
Only
30% of Indian executives in the survey knew about 3D printing, compared to 77%
of American executives.
RBI
forms working group on digital lending.
The
Reserve Bank of India (RBI) has constituted a working group on digital lending
— including online platforms and mobile apps — to study all aspects of digital
lending activities in the regulated financial sector as well as by unregulated
players.
This
is to ensure that an appropriate regulatory approach is put in place.
The
working group consists of both internal and external members.
The
working group will evaluate digital lending activities and assess the
penetration and standards of outsourced digital lending activities in RBI
regulated entities; identify the risks posed by unregulated digital lending to
financial stability, regulated entities and consumers; and suggest regulatory
changes to promote orderly growth of digital lending.
It
will also recommend measures for expansion of specific regulatory or statutory
perimeter and suggest the role of various regulatory and government agencies.
It will also recommend a robust fair practices code for digital lending
players.
Scientists produce electron gas with
ultra-high mobility.
Recently,
Institute of Nano Science and Technology (INST), an autonomous institution of
Department of Science and Technologyhave produced electron gas with ultra-high
mobility. 2d-electron gas (2DEG) is an electron gas with ultra-high mobility,
which can speed up transfer of quantum information and signal from one part of
a device to another and increase data storage and memory.
Strong
spin-orbit coupling and relativistic nature of the electrons in the 2DEG
resulted in Rashba field.
Rashba
effect consists of splitting of spin-bands in an electronic system, might play
a key role in spin tronic devices.
Due
to the high mobility of the electron gas, electrons do not collide inside the
medium for a long distance and hence, do not lose the memory and information.
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