1) Cabinet approves addition of four tribes: The Union Cabinet under the chairmanship of the Prime Minister has approved the addition of four tribes to the list of Scheduled Tribes.
- Tribes included:
- Hatti tribe(Trans-Giri area of Sirmour district in Himachal Pradesh)
- Narikoravar(hill tribe of Tamil Nadu)
- Kuruvikaran(hill tribe of Tamil Nadu)
2) Damodaran to head the committee to boost PE/VC investments: The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest appropriate measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).
- Private equity is an alternative investment class that invests in or acquires private companies that are not listed on a public stock exchange.
- Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
3) India’s first commercial satellite broadband service: Hughes Communications India (HCI) in collaboration with the Indian Space Research Organization (ISRO) officially launched its first high throughput satellite (HTS) broadband internet service in the country.
- From northeast to desolate parts of Leh and Ladakh, the company, using ISRO’s Ku-band capacity of GSAT-11 and GSAT-29 satellites has promised to deliver high-speed satellite broadband services to remote locations across India.
- High-throughput Satellite differs from a conventional satellite in the sense that it increases capacity when using the same amount of orbital spectrum while simultaneously reducing the cost per bit.
4) Triple dip’ La Nina: Triple dip’ La Niña phenomenon means that the La Niña phenomenon has occurred for the third consecutive year in the Pacific Ocean.
- The World Meteorological Organisation (WMO) had stated that it is exceptional to have three consecutive years with a la Niña event.
- La Niña is caused by large-scale cooling of the ocean surface temperatures in the central and eastern equatorial Pacific Ocean.
- La Niña is also the opposite of the widely-known El Niño, which only occurs when the Pacific Ocean water is higher than normal.
5) Arattupuzha Velayudha: He challenged the domination of upper castes or ‘Savarnas’ and brought about changes in the lives of both men and women.
- He was known as the Morning Star of the Kerala Renaissance.
- He also established the first Kathakali Yogam (area-based schools for the classical dance form Kathakali) for the Ezhava community in 1861. He was a master of Kalaripayattu, Kerala’s traditional martial arts, which is also considered the oldest of its kind in India.
- Panicker was murdered by a group of upper-caste men in 1874 at the age of 49. This makes him the ‘first martyr’ of the Kerala renaissance.