23.11.22 Daily [Andhra Pradesh] APPSC Current Affairs

After recovering from the Covid-19 shocker, the state has improved itstaxrevenues in the last fiscal. As per the latest report released by theRBI, the state reported a healthy Growth rate of over 50-60 per cent in both state’s own tax revenues and non-tax revenues.

Interestingly, the state’s own tax revenues soared by nearly 100 per cent since the bifurcation of the state. The state own tax revenues stood at 42,168 crore in the first year of the bifurcation 2014-15. However, the tax revenues witnessed a drop by next year as the systems were not completely settled in the new state.

The revenues dipped to 39,907 crore in 2015-16. However, the tax revenue started picking up from 2016-17 when state pooled up 44,181 crore. However, these revenues were not found sufficient to handle the expenditure of various welfare schemes and proposed capital city projects.

Though the state’s own tax revenues moved upward in the consecutive years, they were never on the expected path. The tax revenues which were around 52,000 crore in 2017-18, reported just around 10 per cent growth rate by 2018-19. The state mopped up around 58,677 crore in 2018-19 in the penultimate year of TDP regime.

The state had pooled up around 57,601 crore in 2019-20 and 57,359 crore in 2020-21. “The state witnessed a slight fall in the tax revenues in two successive years only due to the Covid-19.

Union Minister of Ayush Shri Sarbananda Sonowal laid emphasis on how Ayush can play an important role in realizing the dream of New India by providing holistic healthcare and medical care for its citizens. Minister was addressing the gathering at 6th CII Ayush Conclave 2022 in New Delhi.

Shri Pramod Kumar Pathak, Special Secretary Ministry of Ayush addressed the plenary session on regulatory roadmap for . In his address he said that the first important aspect of ease of doing business is consultation and that is happening robustly at Ministry of Ayush. Further, for promoting scientific approach, the ministry is working with the Departments of Science and Biotechnology and the inputs are effectively included in our roadmap.

6th CII Ayush Conclave 2022 was organized by Confederation of Indian Industry (CII) with the support of Ministry of Ayush. Key stakeholders of Ayush system discussed topics like regulatory roadmap, Research and development in Ayush sector, Branding, promotion and Marketing of Ayush products.

A new study conducted by Bengaluru-based scientists has thrown fresh Light on how a charged particle in contact with an Environment in the presence of a behaves when it is subjected to ultra-cold temperatures.

Scientists involved in the study have said that the latest findings could deepen existing knowledge and explore ways to control noise in the domain of quantum technology.

Quantum technology is too vulnerable to disturbances in the environment that corrupt the information stored in quantum computers, thus understanding the role of noise in quantum technology and finding ways to control it has long been a challenge for scientists.

Brownian motion, the random motion of particles when suspended in a fluid, forms one of the foundational pillars of physics, thanks to Albert Einstein’s seminal work in this area. Quantum Brownian motion is a class of possible dynamics for an open quantum, continuous degree of freedom.

The study makes predictions about the nature of decay of factors called the position correlation function, the position-velocity correlation function, and the velocity autocorrelation function in the quantum domain accessible via ultra-cold atom experiments. The predictions can be tested by considering a charged particle in a magnetic field at ultra-cold temperatures (of the order of a few nano Kelvin) in an optical molasses which mimics a viscous environment.

Sustainable management of water is a key challenge for both Australia and India. Collaboration in water research, training, and Education between our two countries is growing rapidly through several activities supported by the Ministry of Jal Shakti, the Australian Water PARTNERSHIP, Western Sydney University, and the Indian Institute of Technology, Guwahati.

The Young Water Professional Program focuses on gender and diversity. The first phase of this Programme has selected 20 young officers (10 men and 10 Women) from the National Hydrology Project’s central and state implementing agencies. While conducting this program, the Australia India Water Centre brought together eight universities and one State Government Department from Australia and 16 IITs and key universities of India.

Indias national grid operator Power System Operation Corporation Limited (POSOCO) announced that it has changed its name to Grid Controller of India Limited.

The change in name has been made to reflect the critical role of grid operators in ensuring Integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid.

It explains the functions performed by the grid managers in the country at national and regional levels.

It may be mentioned that Grid Controller of India Limited (Grid-India) operates the National Load Despatch Centre (NLDC) and five Regional Load Despatch Centres (RLDCs). Grid-India is also designated as the nodal agency for major reforms in the power sector such as implementation and operation of Green Energy Open Access Portal, Certificate (REC) Mechanism, transmission pricing, short term open access in transmission, Deviation Settlement Mechanism, Power System Development Fund (PSDF) etc.