News: In the academic year that ended with school closures due to COVID-19, only 22% of schools in India had Internet facilities, according to Education Ministry
Among government schools, less than 12% had Internet in 2019-20, while less than 30% had functional computer facilities. This affected the kind of digital education options available to schools during the pandemic, as well as plans for hybrid learning in the days ahead.
The Unified District Information System for Education Plus (UDISE+) report collates data from more than 15 lakh schools across the country.
As the first wave of COVID-19 entered India in early 2020, schools were closed in mid-March, just weeks before the end of the 2019-20 academic year.
2. RED SANDERS
News: The Chittoor police on Thursday seized a red sanders dump of 10 tonnes worth more than ₹10 crore at a private retreat at Valarpuram in Kancheepuram district of Tamil Nadu after a flash raid. The police nabbed seven accused and seized four vehicles, including a mini lorry and three SUVs.
About Red Sanders or Pterocarpus Santalinus:
Pterocarpus santalinus, with the common names red sanders, red saunders, red sandalwood, Rakt Chandan, and saunders wood, is a species of Pterocarpus endemic to the southern Eastern Ghats mountain range of South India.
This tree is valued for the rich red colour of its wood.
The wood is traditionally considered not aromatic. However, in recent years there has been a marked uptick in the use of red sandalwood as a component of incense, especially in the west. The tree is not to be confused with the aromatic Santalum sandalwood trees that grow natively in South India.
Pterocarpus santalinus is a light-demanding small tree, growing to 8 metres (26 ft) tall with a trunk 50–150 cm diameter. It is fast-growing when young, reaching 5 metres (16 ft) tall in three years, even on degraded soils.
It is not frost tolerant, being killed by temperatures of −1 °C.
The leaves are alternate, 3–9 cm long, trifoliate with three leaflets.
The flowers are produced in short racemes. The fruit is a pod 6–9 cm long containing one or two seeds.
3. DRUG CONTROLLER GENERAL OF INDIA (DGCI)
News: Zydus Cadila said it has applied to the Drug Controller General of India (DCGI) seeking Emergency Use Authorisation (EUA) for ZyCoV-D, its plasmid DNA vaccine to counter COVID-19.
About Drugs Controller General of India:
Drugs Controller General of India (DCGI) is the head of department of the Central Drugs Standard Control Organization of the Government of India responsible for approval of licences of specified categories of drugs such as blood and blood products, IV fluids, vaccines, and sera in India.
Drugs Controller General of India, comes under the Ministry of Health & Family Welfare.
DCGI also sets standards for manufacturing, sales, import, and distribution of drugs in India.
DCGI lays down the standard and quality of manufacturing, selling, import and distribution of drugs in India.
Preparation and maintenance of national reference standard.
To bring about the uniformity in the enforcement of the Drugs and Cosmetics Act.
Training of Drug Analysts deputed by State Drug Control Laboratories and other Institutions
Analysis of Cosmetics received as survey samples from CDSCO (central drug standard control organisation)
With the notification of Medical Device Rules 2017 by the Government of India, DCGI will also act as Central Licensing Authority (CLA) for the medical devices which fall under the purview of these rules. Out of four Classes of medical devices from Class A to Class D, DCGI will be the direct licensing authority for Class C and Class D devices, whereas it will coordinate licensing for Class A and B devices through State drug controllers, who will act as State Licensing Authority or SLA.
News: Panic gripped the fisherfolk of Ramayapalli village in Odisha’s Ganjam district after portions of houses were washed away by a tidal wave.
Tides are the rise and fall of sea levels caused by the combined effects of the gravitational forces exerted by the Moon and the Sun, and the rotation of the Earth.
Many shorelines experience semi-diurnal tides—two nearly equal high and low tides each day. Other locations have a diurnal tide—one high and low tide each day. A “mixed tide”—two uneven magnitude tides a day—is a third regular category.
5. GROSS NON-PERFORMING ASSET RATIO
News: The gross non-performing asset ratio (GNPA) of India’s scheduled commercial banks (SCBs) may climb by the end of the current fiscal year to as much as 11.2% under a severe stress scenario, from 7.48% in March 2021, the Reserve Bank of India (RBI) said in its Financial Stability Report.
About Gross Non – Performing Asset Ratio:
NPA expands to non-performing assets (NPA). Reserve Bank of India defines NPA as any advance or loan that is overdue for more than 90 days.
Asset means anything that is owned. For banks, a loan is an asset because the interest we pay on these loans is one of the most significant sources of income for the bank.
When customers, retail or corporates, are not able to pay the interest, the asset becomes ‘non-performing’ for the bank because it is not earning anything for the bank.
Therefore RBI has defined NPAs as assets that stop generating income for them.
There are different types of non-performing assets depending on how long they remain in the NPA category.
An asset is classified as a sub-standard asset if it remains as an NPA for a period less than or equal to 12 months.
An asset is classified as a doubtful asset if it remained as an NPA for more than 12 months.
An asset is considered as a loss asset when it is “uncollectible” or has such little value that its continuance as a bankable asset is not suggested. However, there may be some recovery value left in it as the asset has not been written off wholly or in parts.