January Part #3

Harsh Vardhan launches India‘s 1st indigenous pneumonia vaccine 'Pneumosil'

The Union Health Minister Dr Harsh Vardhan launched India‟s first indigenously developed vaccine against pneumonia. The Pneumococcal Conjugate Vaccine (PCV) named ‗Pneumosil‘ has been developed by Pune-based Serum Institute of India (SII) in collaboration with the Bill and Melinda Gates Foundation and PATH, an international, nonprofit global health organization based in Seattle.

About the vaccine: The vaccine will provide protection against 10 variants of pneumococcus bacteria that causes pneumonia, meningitis, ear, and blood infections in children. Pneumococcal disease is the largest contributor to under-five mortality rate worldwide.

India‘s 1st Testbed TiHAN launched at IIT Hyderabad

Union Minister of Education, Ramesh Pokhriyal 'Nishank' has virtually laid the foundation stone of 'TiHAN-IIT Hyderabad', India's first Testbed for Autonomous Navigation Systems (Terrestrial and Aerial) at IIT Hyderabad. The Technology Innovation Hub on Autonomous Navigation Systems (TiHAN) for Unmanned Aerial Vehicles and Remotely Operated Vehicles at IIT Hyderabad.

About the TiHAN Navigation Systems

1) The Department of Science and Technology (DST), Government of India, has sanctioned Rs. 135 crores to IIT Hyderabad under the National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS) to set up a Technology Innovation Hub on Autonomous Navigation and Data Acquisition Systems.

2) Two acres of land has already been allocated in the IIT Hyderabad campus and the facilities are planned in phases.

3) All Smart poles are enabled with communication providing technology with some Poles designed with sprinklers to simulate rain scenarios. The developed testbed will be available for use by all the industries, R&D labs, academia conducting research and development in the broad areas of autonomous navigation.

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First time in history, Union Budget 2021 to be paperless

First time in history, Union Budget 2021 to be paperless Union Budget 2021, slated to be presented on February 1, is going to be completely paperless in the wake of the ongoing coronavirus pandemic. This will be the first time since independence that the budget papers will not be printed. The Centre has received permission for the same from both houses of parliament. The decision has been taken as several people (approximately 100) would be required to stay at the printing press for around a fortnight amid the COVID-19 fear. The budget papers are usually printed at the ministry's inhouse printing press in the North Block. This year's budget may reportedly witness several conventions being broken as the traditional ‗Halwa‘ ceremony, which is a given every year is also not likely to take place, or a low-key function may be held with limited gathering in attendance. Donald Trump becomes first U.S. President to be impeached twice President Donald Trump was impeached by the U.S. H

RBI forms six-member working group to regulate digital lending frauds

RBI forms six-member working group to regulate digital lending frauds The Reserve Bank of India (RBI) has set up a working group to study digital lending activities of the regulated and unregulated players, due to the growing instances of frauds in digital lending space. The group will suggest steps to regulate digital lending including online lending platform and mobile lending. The group will evaluate digital lending activities and assess the penetration and standards of outsourced digital lending activities in RBI regulated entities. The six-member panel comprises of following four RBI internal and two external members : 1. Jayant Kumar Dash, Executive Director, RBI (Chairman) 2. Ajay Kumar Choudhary, Chief General Manager-in-Charge, Department of Supervision (Member) 3. P Vasudevan, Chief General Manager, Department of Payment and Settlement Systems, RBI (Member) 4. Manoranjan Mishra, Chief General Manager, Department of Regulation (Member Secretary) 5. Vikram Mehta, Co-foun

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