1) Permacrisis: The Collins Dictionary’s word of the year for 2022 is “permacrisis”
- It is a term that describes the extended period of instability and insecurity.
- It became a commonly used word in Britain, reflecting the instability caused by Brexit, COVID-19 pandemic, extreme weather conditions, war in Ukraine, political instability in the UK and the cost of living crisis.
- It is similar to Marx’s idea that human history will lead to a final crisis, only it precludes any idea of further progress. Instead of leading to something better, it denotes a static and permanently difficult situation.
2) PUSHKAR CAMEL FAIR: Pushkar is a town in the Ajmer district in the Indian state of Rajasthan. It is located on the western side of Aravalli mountains. Pushkar is located on the shore of Pushkar Lake.
- The Pushkar Fair is also called the Pushkar Camel Fair or locally as Kartik Mela.
- It is an annual multi-day livestock and cultural fair that takes place on the banks of the Pushkar Lake. It is one of India’s largest camel, horse and cattle fairs with people trading their livestock.
- It is also believed that Pushkar is the only place in the entire world to have a temple dedicated to Hindu God Brahma, who is also known as the ‘Creator of World’.
3) Solar Energy Corporation of India (SECI): It is the only Central Public Sector Undertaking (PSU) dedicated to the solar energy sector, under Ministry of New and Renewable Energy.
- A not-for-profit company established in 2011 under the Companies Act 1956,
- Functions: Responsible for implementation of a number of government schemes, the major ones being the Viability Gap Funding Schemes for large-scale grid-connected projects under NSM, solar park scheme and grid-connected solar rooftop scheme
4) Methane Alert and Response System (MARS): launched at the COP27 to the United Nations Framework Convention on Climate Change in Sharm El-Sheikh, Egypt.
- It is a part of global efforts to slow climate change by tackling global warming gas.
- The data-to-action platform was set up as part of the UNEP International Methane Emissions Observatory (IMEO) strategy to get policy-relevant data into the right hands for emissions mitigation.
- The system will be the first publicly available global system to connect methane detection to notification processes transparently.
- It will use state-of-the-art satellite data to identify significant emission events, notify relevant stakeholders, and support and track mitigation progress.
5) India’s first multimodal logistics park: in Chennai, Tamil Nadu.
- MMLP is officially defined as a freight-handling facility with a minimum area of 100 acres, with various modes of transport access, mechanized warehouses, specialized storage solutions such as cold storage, and inter-modal transfer container terminals
- India’s logistics cost as a percentage of GDP is very high at 16 per cent, while in developed countries such as the US and Europe, it is around 8 per cent. The government wants to bring down the logistics cost to 10 per cent of GDP.
- To set up the country’s first MMLP, the Centre and Tamil Nadu government have come together to form a special purpose vehicle (SPV),