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Daily PIB 28th September 2023

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    Daily PIB 28th September 2023

    • Social Bonds: Social bonds, also known as social impact bonds and abbreviated as SIB, are the type of bond where the bond issuer is gathering funds for a project that has some socially beneficial implications. These bonds are designed to finance projects that address various social issues, such as healthcare, education, affordable housing, poverty alleviation, and environmental sustainability. The Pimpri Chinchwad Municipal Corporation (PCMC) in Maharashtra’s Pune and UNDP in 2020 co- created India’s inaugural SIB. This is the first externally certified AAA-rated Indian Rupee-denominated SIB in the country. The bonds have been rated ‘AAA’ by CRISIL and ICRA. The face value of each bond is ₹1lakh.Maturity: 5 years. Coupon Rate: 7.63 per cent. 

     

    • National Intelligence Grid (NATGRID): It is conceptualized as a seamless and secure database for information on terrorists, economic crimes and similar incidents to help bolster India’s capabilities. The project was started in 2009 in the aftermath of the 26/11 Mumbai terror attacks. NATGRID was set up as an attached Office of the Ministry of Home Affairs with effect from December 1, 2010.It started its operations on December 31, 2020.Natgrid services will be available to 11 central agencies and police departments of all states and union territories. It works as an integrated intelligence grid that connects databases of core security agencies of the government of India. It will have data related to all immigration entry and exit, banking and financial transactions, credit card purchases, telecom, individual taxpayers, air flyers, train travelers besides others to generate intelligence inputs. 

     

    • Kamlang Tiger Reserve: It is located in the southeastern part of Lohit District in Arunachal Pradesh near the border with Myanmar. It is named after the Kamlang River, which flows through the reserve and joins the Brahmaputra. It is spread between the famed Namdapha National Park on its south and Lang River on its north.The local inhabitants are Hishmi, Digaru and Mizo. It enjoys a sub-tropical climate as it falls within the sub-tropical zone. The vegetation may broadly be classified into tropical, temperate and alpine. All four big cats, including the Snow Leopard, Clouded Leopard, Leopard and Tiger, are the common inhabitants. Certain endangered species, such as Himalayan Palm Civets, Leopard Cat, Slow Lories and Hoolock Gibbon, can also be spotted in the sanctuary. Other species commonly found here are Giant and Flying Squirrels, Hornbills, Deer, Civets, Boar, Capped Langur, Stump Tailed Macaque etc. 

     

    • UN Population Fund (UNFPA): It is trust fund under the jurisdiction of the United Nations Development Programme (UNDP). UNFPA was formerly (1969–87) known as United Nations Fund for Population Activities. Established in 1969, the UNFPA is the largest international source of assistance for population programs. It is the leading UN organization for the implementation of the 1994 Programme of Action of the International Conference on Population and Development. 

    In other words, UNFPA is the United Nations sexual and reproductive health agency. Its mission is to deliver a world where every pregnancy is wanted, every childbirth is safe and every young person’s potential is fulfilled. UNFPA funds assistance, research, and advocacy programs in three major areas: reproductive health, including family planning, safe motherhood, and the prevention and treatment of sexually transmitted diseases, population problems of developed and developing countries and issues related to the status of women, including the gender gap. 

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