Wednesday, 12 September 2018

12th September 2018 | Assam daily current affairs for competitive exams

  • A larger number of bad loans originated in 2006-08 when economic growth was strong, and previous infrastructure projects such as power plants had been completed on time and within budget. It is at such times that banks make mistakes. They extrapolate past growth and performance to the future. So, they are willing to accept higher leverage in projects, and less promoter equity,” Rajan said. In a note to Parliament’s Estimates Committee on Non-Performing Assets (NPAs) of public sector banks, Rajan called for examining MUDRA loans and Kisan Credit Cards more closely for potential credit risk.
  • The 450th death anniversary of Srimanta Sankaradeva was observed in every naamghar and sattra of the State with various cultural and religious elements of neo-Vaishnavism.
  • The Ministry of Rural Development (MoRD) has conferred the national award to the Assam State Rural Livelihoods Mission (ASRLM) for its outstanding performance under the Deendayal Antyodaya Yojana (DAY-NRLM) in the category of 'Institutional Building and Capacity Building'.
  • Buoyed by the recent success of the implementation of phase I of the ‘Krishi Kalyan Abhiyan’ under which various activities were undertaken to promote best farming practices and enhance agriculture income, in which the aspirational district of Goalpara secured 1st position on the basis of an all-India ranking, the district Agriculture department has embarked upon a few new innovative schemes recently. The objective is to assist the farmers with new working strategies and technologies by which they can develop agriculture as a business venture and also as a security of their livelihood.
  • Arunachal Pradesh Chief Minister Pema Khandu today inaugurated the State’s first Sainik School at Niglok in East Siang district
  • Bridge No. 164 on the new Jiribam-Imphal broad-gauge line in Manipur, across the valley of the Ijai river near Noney,which will be the world’s tallest rail girder bridge when completed. Officials at the Northeast Frontier Railway (NFR) Construction Organisation said the Rs 450-crore bridge would be ready by June 2019. It will have a pier height of 141 metres. It will thus surpass the existing record of 139 metres of the Mala-Rijeka viaduct at Montenegro in south-eastern Europe
  • Assam won 34 medals, including 10 gold in the 4th Sub Junior, Cadet, Junior and Senior North East India Level Kickboxing Championship held at Shillong from September 7 to 9. 
  • Asian Games gold medal-winning Indian boxer Amit Panghal was on Tuesday nominated for this year’s Arjuna awards by the Boxing Federation of India, joined Sonia Lather and Gaurav Bidhuri in the list of boxing nominees for the second highest sporting honour after the Khel Ratna.
  • Indian boxers Lovlina Borgohain (69kg) and Ritu Grewal (51kg) notched up victories in the opening round of the 13th International Silesian Championship for women being held in Gliwice, Poland.
  • India lost the fifth and final Test against England by 118 runs on Tuesday despite heroic resistance from KL Rahul and Rishabh Pant. A mediocre England team with a fragile batting line-up won the series by a comprehensive 4-1 margin

The Central Water Commission (CWC), in its 46-page study report on Kerala floods of August 2018

  • Recommended that it is essential to review the rule curves of all the reservoirs in Kerala. The rule curves of the Kerala reservoirs need to be formulated for both conservation and operations as well during the flood, particularly for the reservoirs having the live storage capacity of more than 200 MCM, in order to create some dynamic flood cushion for moderating the floods of lower return periods, particularly in the early period of monsoon
  • Rule curve is one of the most commonly used tools to aid reservoir operation. It means the division of the useful volume of the reservoir in zones with different strategies for water supply for different uses. Rule curve is generally used to limit the reservoir operations in flood control, the maximum height of the stored water, preventing collapse in supply, etc.
  • The CWC recommendations in this regard have implications for the NE region, which has several hydroelectric power projects under operation and has the proposal for installing over 150 more hydel projects in the near future.
  • From the analysis it has been found that the dams in Kerala neither added to the flood nor helped in reduction of flood, as most of the dams were already at FRL or very close to FRL on August 14 last, due to more than normal rainfall in the months of June and July. Had the reservoir been a few feet below FRL, the flooding conditions would have not changed much, as the severe storm continued for three days and even for four days in the majority of the places, and in any case, it would have been necessary to release from the reservoirs after the first day of the extreme rainfall, says the above CWC report.
  • In this context, it is pertinent to mention here that environmentalists maintain that despite repeated assurances, the authorities have been granting clearances to the NE hydel projects without prior downstream impact and risk assessment studies. The latest examples in this respect include the 1750-MW Damwe Lower Project coming up on the Lohit River and 2880-MW Dibang Multipurpose Project coming up on the Dibang River.


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