02.06.23 Daily [Andhra Pradesh] APPSC Current Affairs

The marine litter, particularly the plastic waste, has been choking the marine landscape in coastal areas likeVisakhapatnam. There have been growing instances of fishing nets being filled with more plastic refuse than of fish inAndhra Pradesh.

With limitedspaceon their boats and the plastic would fetch them no even if they bring it back to the shore, the fishermen are simply dumping the bycatch back into sea.

As per the research being conducted bythe NationalCentre for Coastal Research (NCCR), the marine litter has been spread along the entire water column along the Indian coasts. With rainwater bringing it through various channels, a huge quantity of plastic refuse is noticed during monsoons. Apart from the socio-economic impact, the plastic ending up at the sea may have far-reaching implications on humankind as well as marine life and other living organisms.

According to a report released by theWorld Economic Forumand the Ellen MacArthur Foundation, the plastic debris in the Oceans will be more than that of the fish species (by weight) by 2050.

The Minister for Housing and Urban Affairs, Hardeep Singh Puri, recently praised thePrime Minister Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) Schemeon its momentous completion of three years. The scheme, launched in June 2020, aimed to empower street vendors by restoring self-EMPLOYMENT, self-sustenance, and self-confidence. Over the years, PM SVANidhi has emerged as one of the most beneficial and rapidly growing micro-credit schemes in India, fostering , digital Literacy, and offering dignity and stability to street vendors.

The Prime Minister Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) Scheme is a special micro-credit facility aimed at providing affordable loans to street vendors in India. Launched with the objective of empowering street vendors and promoting their self-sufficiency, the scheme offers loans of up to 10,000 to over 50 lakh street vendors

The creation of was a complex and lengthy process. The demand for a separate Telangana state emerged in the early 1960s, eventually leading to the passing of the Andhra Pradesh Reorganisation Act in 2009. This act paved the way for the formation of Telangana. Since its establishment, Telangana has experienced positive developments, including increased Investment and Growth. The state has also witnessed improvements in POVERTY reduction and EMPLOYMENT opportunities.

Telangana Formation Day serves as a moment of celebration for the states accomplishments and an optimistic outlook for its future. It signifies the progress and prosperity that Telangana has achieved as an individual state.

In May, UPI transactions experienced remarkable Growth, with a value of Rs 14.3 trillion and a volume of 9.41 billion. The transaction volume witnessed a staggering 58% increase compared to the same period in the previous financial year, while the transaction value rose by an impressive 37%. These numbers highlight the growing acceptance and adoption of UPI as a preferred mode of payment in India.

Abnormalities and Low Reliability Cited as Causes