Friday, August 12, 2011

Cartagena Protocol on Biosafety

  • The objective of this first Protocol is to contribute to the safe transfer, handling and use of living modified organisms (LMOs) -- such as genetically engineered plants, animals, and microbes -- that cross international borders. The Biosafety Protocol is also intended to avoid adverse effects on the conservation and sustainable use of biodiversity without unnecessarily disrupting world food trade.
  • The Protocol provides countries the opportunity to obtain information before new biotech organisms are imported. It acknowledges each country's right to regulate bio-engineered organisms, subject to existing international obligations. It also creates a framework to help improve the capacity of developing countries to protect biodiversity.
What It Does

The Protocol establishes an Internet-based "Biosafety Clearing-House" to help countries exchange scientific, technical, environmental, and legal information about living modified organisms (LMOs).

It creates an advance informed agreement (AIA) procedure that in effect requires exporters to seek consent from an importing country before the first shipment of an LMO meant to be introduced into the environment (such as seeds for planting, fish for release, or microorganisms for bioremediation).

It requires shipments of LMO commodities, such as maize or soybeans that are intended for direct use as food, feed, or for processing, to be accompanied by documentation stating that such shipments "may contain" living modified organisms and are "not intended for intentional introduction into the environment." The Protocol establishes a process for considering more detailed identification and documentation of LMO commodities in international trade.

It also sets out information to be included on documentation accompanying LMOs destined for contained use, including any handling requirements and contact points for further information and for the consignee.


Thursday, August 11, 2011

How do fast breeder reactors differ from regular nuclear power plants?

Nuclear reactors generate energy through fission, the process by which an atomic nucleus splits into two or more smaller nuclei. During fission, a small amount of mass is converted into energy, which can be used to power a generator to create electricity. In order to harness this energy, a controlled chain reaction is required for fission to take place. When a uranium nucleus in a reactor splits, it produces two or more neutrons that can then be absorbed by other nuclei, causing them to undergo fission as well. More neutrons are released in turn and continuous fission is achieved.

Neutrons produced by fission have high energies and move extremely quickly. These so-called fast neutrons do not cause fission as efficiently as slower-moving ones so they are slowed down in most reactors by the process of moderation. A liquid or gas moderator, commonly water or helium, cools the neutrons to optimum energies for causing fission. These slower neutrons are also called thermal neutrons because they are brought to the same temperature as the surrounding coolant.

In contrast to most normal nuclear reactors, however, a fast reactor uses a coolant that is not an efficient moderator, such as liquid sodium, so its neutrons remain high-energy. Although these fast neutrons are not as good at causing fission, they are readily captured by an isotope of uranium (U238), which then becomes plutonium (Pu239). This plutonium isotope can be reprocessed and used as more reactor fuel or in the production of nuclear weapons. Reactors can be designed to maximize plutonium production, and in some cases they actually produce more fuel than they consume. These reactors are called breeder reactors.

Breeder reactors are possible because of the proportion of uranium isotopes that exist in nature. Natural uranium consists primarily of U238, which does not fission readily, and U235, which does. Natural uranium is unsuitable for use in a nuclear reactor, however, because it is only 0.72 percent U235, which is not enough to sustain a chain reaction. Commercial nuclear reactors normally use uranium fuel that has had its U235 content enriched to somewhere between 3 and 8 percent by weight. Although the U235 does most of the fissioning, more than 90 percent of the atoms in the fuel are U238--potential neutron capture targets and future plutonium atoms.

Pu239, which is created when U238 captures a neutron, forms U239 and then undergoes two beta decays, happens to be even better at fissioning than U235. Pu239 is formed in every reactor and also fissions as the reactor operates. In fact, a nuclear reactor can derive a significant amount of energy from such plutonium fission. But because this plutonium fissions, it reduces the amount that is left in the fuel. To maximize plutonium production, therefore, a reactor must create as much plutonium as possible while minimizing the amount that splits.

This is why many breeder reactors are also fast reactors. Fast neutrons are ideal for plutonium production because they are easily absorbed by U238 to create Pu239, and they cause less fission than thermal neutrons. Some fast breeder reactors can generate up to 30 percent more fuel than they use.

Creating extra fuel in nuclear reactors, however, is not without its concerns: One is that the plutonium produced can be removed and used in nuclear weapons. Another is that, to extract the plutonium, the fuel must be reprocessed, creating radioactive waste and potentially high radiation exposures. For these reasons, in the U.S., President Carter halted such spent fuel reprocessing, making the use of breeder reactors problematic.

The U.S. constructed two experimental breeder reactors, neither of which produced power commercially. The Enrico Fermi Nuclear Generating Station in Michigan was the first American fast breeder reactor but operated only from 1963 until 1972 before engineering problems led to a failed license renewal and subsequent decommissioning. Construction of the only other commercial fast breeder reactor in the U.S., the Clinch River plant in Tennessee, was halted in 1983 when Congress cut funding. Elsewhere in the world, only India, Russia, Japan and China currently have operational fast breeder reactor programs; the U.K., France and Germany have effectively shut down theirs.


http://www.scientificamerican.com/article.cfm?id=how-do-fast-breeder-react

Tuesday, August 9, 2011

Mega Food Parks

  • Government has approved setting up of 15 Mega Food Parks under Infrastructure Development Scheme. The main features of the scheme are cluster based and demand driven approach. Availability of approximately 50 -100 acres of land and adequate quantity of raw materials are basic criteria for the selection of location for setting up of such Parks.
  • Setting up of 15 more Mega Food Parks have been proposed during the remaining period of 11th Five Year Plan. The States for these projects have not been finalized.
  • This scheme is aimed at creating state of the art infrastructure facility for enabling setting up of food processing industries. Through backward linkages, Special Purpose Vehicle (SPV) of the Mega Food Park enters into an arrangement with farmers' group in the catchment area for production of desired variety and quantity of farm produce to ensure regular supply of raw material to the Mega Food Park. This has facilitated clusterised farming on demand driven manner with market orientation. The farmers are assured of the market for their farm produce and get remunerative prices thereby increasing their income considerably.
  • Ministry has constituted District Coordination Committee under the Chairmanship of concerned District Collectors for coordinating various activities of the Mega Food Park.

Sunday, August 7, 2011

Dedicated freight corridor to boost transportation

The railway freight traffic has grown by 8 to 11%, which is projected to cross 1100 million tonnes by the end of 11th Five Year Plan
In mid-2006, the foundation stone was laid at Ludhiana in Punjab for the Dedicated Freight Corridor (DFC) and the Indian Railways embarked on a multi-crore project to set up a direct freight link from the manufacturing bases in the northern hinterland of the country to ports on the west coast and with the coal fields and steel plants in the east coast ports. DFC will cover approximately 3300 route kilometres on two corridors – Eastern and Western corridors- and will greatly improve the freight transportation.

Salient features
  • Exclusively for running freight trains at speeds upto 100 km/h
  • Parallel to existing Indian Railways Corridors and connection at important junction points
  • This corridor will bypass populated cities/towns to minimise social and environmental impacts
  • Facilitate running of longer and heavier trains
  • Reduce unit cost of transportation
  • Ensure guaranteed transit time thus providing quicker and reliable service
  • Accelerated industrial development in the region
 A special purpose vehicle (SPV), the Dedicated Freight Corridor Corporation of India Limited was created for planning and development, mobilisation of financial resources, construction, maintenance and operation. The eastern sector (1806 km long), stretches from Ludhiana to Dankuni in West Bengal while the 1483 km long western sector, starts from Tughlakabad – Dadri inland container depots and ends at the Jawaharlal Nehru Port of Mumbai. There is also a short section interlinking the two corridors at Dadri in Haryana. The DFC envisages state-of-the-art construction technology, upgrading of transportation systems, substantial increase in wagon axle load to achieve significant reduction in unit cost of rail transport, volume and speed being achieved for freight trains.
The Western Corridor
Traffic projections for 2021-22 are 128 million tonnes, 6 million TEUs and 264 trains. Total current cost of building the corridor is expected to be INR26,124 crore excluding cost escalation and interest during construction. The western DFC would cater largely to the container transport requirements between the existing and newly emerging private ports in Maharashtra and Gujarat and the northern manufacturing hinterland. It will be funded substantially by the Japan International Co-operation Agency (JICA) under the special terms of the economic partnership scheme of the Government of Japan where 30% of the total value of contracts will have to be sourced from Japan.
The Eastern Corridor
Traffic projections for 2021-22 will be 144 million tonnes and 160 trains. This rail corri-dor will largely serve coal and steel traffic. From Durgapur, the corridor will be extended to the proposed new port near Kolkata as the ports of Kolkata and Haldia have a shallow depth of 8 and 8.5 metres, respectively.
The government plans deep sea port, possibly at the Sagar Island. For the eastern freight corridor, the railways have sought funding from the World Bank and Asian Development Bank (ADB) for about 70% stretch of the corridor (World Bank for financing the 125 km of Mughalsarai-Khurja portion and ADB for the 426 km Khurja-Ludhiana portion).
Delhi – Mumbai Industrial Corridor
The ambitious USD 90 billion Delhi (INR 4.05 lakh crore) – Mumbai Industrial Corridor (DMIC) project between the national and financial capitals of the country will revolutonise business and industry in the western region of the country.
The project has been conceived as a high-speed connectivity for high-axle load wagons or double-stacked container trains along the multimodal western dedicated freight corridor, with end-terminals at Dadri in the National Capital Region (NCR) and the Jawaharlal Nehru Port. The DMIC will have world class road connectivity. It is to develop an industrial zone spanning seven states – Delhi, Haryana, Uttar Pradesh, Rajasthan, Gujarat, Madhya Pradesh and Maharashtra.
The project will see major expansion of infrastructure and industry including industrial clusters and rail, road port, air connectivity in these states along the route of the 1483 km long western dedicated freight corridor. About 38% or 564 km of this corridor will pass through the state of Gujarat alone. Gujarat is expected to be a major beneficiary of the development with investment potential reaching one-third of USD 90 billion.
The project is expected to double employment potential, industrial output and exports from the region in five years time. The industrial corridor would house rail sidings with sheds, large inland container depots, warehouses, office building for logistics operators and assembly units for processing raw materials for exports. The industries to be developed include shipbuilding, aircraft maintenance and repair centres, stone and mineral technology parks, airport related industries, healthcare and hospital equipment manufacturing, agri-processing and agri–business, aerospace component manufacturing and defence equipment and components.
The project will be implemented by the DMIC Development Corporation, an autonomous body comprising the government and private sector and implemented SPV. It will be funded through private-public partnership (PPP) and foreign investment, with Japan being a major investor.
Problems
Land acquisition: Railway Minister Mamata Banerjee has refrained from forcibly acquiring land because of objections from land owners in Maharashtra, Haryana, Gujarat and Uttar Pradesh. This has forced the corporation to go back to the drawing board to re-examine the alignment of the corridors that will result in major delays and endanger the commissioning process.
Cost escalation: The cost for developing both the eastern and the western corridors has escalated from what was originally sanctioned.
Resource mobilisation: INR10,000 crore is expected from the World Bank to construct 730 km between Khurja and Mughalsarai. Financing arrangements for the remaining stretches are yet to be finalised.


This article has been taken from http://www.businesseconomics.in/?p=984


Saturday, August 6, 2011

Juno leaves for Jupiter

  • NASA launched the billion-dollar solar-powered spacecraft Juno on a five-year journey to Jupiter.
  • The unmanned satellite observatory shot into space aboard a 197-foot-tall (60 metres) Atlas V rocket, blasting off from the Cape Canaveral Air Force Station in Florida at 12:25 p.m.
  • Once it arrives in July 2016, the spacecraft will orbit the poles of the gas giant, which has more than twice the mass of all planets in the solar system combined and is believed to be the first planet that took shape around the Sun.
  • Named after the wife of the Roman god Jupiter, the $1.1 billion spacecraft is NASA's first mission to the planet since Galileo was launched in 1989. It aims for 30 orbits over a period of one year.
  • Juno will get closer to Jupiter than any other NASA spacecraft has and will be the first to undertake a polar orbit of the planet, said Scott Bolton, Juno principal investigator and scientist at the Southwest Research Institute in San Antonio, Texas.
  • Juno is set up to learn about that early part of the solar system and learn how Jupiter formed and by measuring the ingredients.
  • The orbiter Galileo entered the planet's orbit in 1995 and plunged into Jupiter in 2003, ending its life.
  • Other NASA spacecraft — including Voyager 1 and 2, Ulysses and New Horizons — have done flybys of the planet.
  • Juno will spend the first two years of its mission going around the Sun, then return for a flyby of the Earth, which will give a gravitational boost to accelerate the spacecraft on a three-year path toward Jupiter.
  • When it gets there, Juno — orbiting around 5,000 km (3,100 miles) above the gas giant — will make use of a series of instruments, some of which were provided by European space agency partners in Italy, Belgium, France and Denmark, to learn about the workings of the planet and what is inside.
  • Two key experiments will gauge how much water is in Jupiter and whether the planet "has a core of heavy elements at the centre, or whether it is just gas all the way down," Mr. Bolton said at a press briefing last week.
  • Scientists also hope to learn more about Jupiter's magnetic fields and its Great Red Spot, a storm that has been raging for more than 300 years.
  • Juno is part of a series of new planetary science missions, to be followed by GRAIL (Gravity Recovery and Interior Laboratory), which is headed to the moon in September, and the Mars Science Laboratory set to take off in November.

S&P downgrades U.S. credit rating from AAA

Credit rating agency Standard & Poor's on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.

The drop in the rating by one notch to AA—plus was telegraphed as a possibility back in April. The three main credit agencies, which also include Moody's Investor Service and Fitch, had warned during the budget fight that if Congress did not cut spending far enough, the country faced a downgrade. Moody's said it was keeping its AAA rating on the nation's debt, but that it might still lower it.

Friday, August 5, 2011

Indian Space Programme – Recent Successful Missions

http://pib.nic.in/archieve/others/2011/aug/d2011080301.pdf

Highlights of Economic Outlook 2011-12

The Chairman Economic Advisory Council to the Prime Minister, Dr. C. Rangarajan released the 'Economic Outlook 2011-12' in New Delhi today. Following are the highlights:

  • Economy to grow at 8.2% in 2011-12
  • Agriculture grew at 6.6% in 2010-11. Projected to grow at 3.0% in 2011-12
  • Industry grew at 7.9% in 2010-11. Projected to grow at 7.1% in 2011-12
  • Services grew at 9.4% in 2009-10. Projected to grow at 10.0% in 2011-12
  • The projected growth rate of 8.2%, though lower than the previous year, must be treated as high and respectable, given the current world situation.
  • Global economic and financial situation unlikely to improve
  • To keep the economy growing at 9% it is important to increase fixed investment rate
  • Investment rate projected at 36.4% in 2010-11 and 36.7% in 2011-12
  • Domestic savings rate as ratio of GDP projected at 33.8% in 2010-11 & 34.0% in 2011-12
  •  The 2011 monsoon projected to be in the range of 90 to 96 per cent of Long Period Average. As a result farm sector output expected to grow at 3 %
  • The revised series (2004/05) for Index of Industrial Production shows an output growth pattern that is fairly different from what the old series (1993/94) had indicated.
  • The output growth was grossly underestimated by the old series in 2007-08 and overestimated in 2008-09 and 2009-10.
  • The impact of the global crisis on industrial output was much stronger than had been indicated by the old series
  • In 2010-11 the output growth was higher at 8.2% against 7.8% indicated by the old series
  • Current Account deficit is $44.3 billion (2.6% of GDP) in 2010-11 and projected at $54.0 billion (2.7% of GDP) in 2011-12
  • Merchandise trade deficit is $ 130.5 billion or 7.59% of the GDP in 2010-11 and projected at $154.0 billion or 7.7% of GDP in 2011-12
  • Invisibles trade surplus is $ 86.2 billion or 5.0% of the GDP in 2010-11 and projected at $100.0 billion or 5.0% in 2011-12
  • Capital flows at $61.9 billion in 2010-11 and projected at $72.0 billion in 2011-12
  • FDI inflows projected at $35 billion in 2011/12 against the level of $23.4 billion in 2010-11
  • FII inflows projected to be $14 billion which is less than half that of the last year i.e $30.3 billion
  • Accretion to reserves was $15.2 billion in 2010-11. Projected at $18.0 billion in 2011-12
  • Inflation rate projected at 6.5 % in March 2012.
  • The headline inflation rate would continue to be at 9 per cent in the month of July-October 2011. There will be some relief starting from November and will decline to 6.5% in March 2012.
  • Available food stocks to be liberally released
  • Important role for fiscal policy to contain demand pressure. Need to ensure that fiscal deficit does not exceed the budgeted level
  • RBI will have to continue to follow a tight monetary policy till inflation shows definite signs of decline
  • Achieving fiscal targets set in 2011/12 budget estimates to present a significant challenge
  • For 2011/12, budget estimates of fiscal deficit for Centre - 4.7%; States- 2.1% and consolidated fiscal deficit including off budget liabilities - 6.8
  • Government to redouble efforts to collect larger revenue, resolve cases to reduce tax arrears
  • Minimize avoidable expenditures and initiate measures to increase revenues
  • Resolve issues with states and introduce Goods and Services Tax
  • Reforms in power sector distribution system to limit the liabilities of state governments
Some key issues of concern:

Convergence of growth rates of states

An analysis of the recent data indicates that while most of the lower income states have shown stronger growth rates, several of the higher income states have also shown an increase

Current Account Deficit

Given our growth needs, a moderate trade deficit and CAD are inevitable. To finance the CAD, foreign investment flows need to be promoted. However CAD to be contained below 2.5% of the GDP

Power Sector

The India growth story inextricably linked to the power sector

Immediate policy interventions required for ensuring coal availability for the power plants, land acquisition and environmental clearances and revision of power tariff by states to reduce high AT&C losses

Increased focus on non conventional energy

Food Security

Need to grant the poor a legal entitlement to food through an appropriate legislative enactment

Availability of grain to be kept in mind while deciding legal entitlements

Reforms in PDS important to strengthen distribution. Computerization, introduction of smart cards and using unique identification numbers for the beneficiaries are important interventions

Wednesday, August 3, 2011

Employment Opportunities Under NSDC

The 11th Five Year Plan aims at making employment generation an integral part of the growth process and devise strategies to accelerate not only growth of employment but also of wages of the poorly paid. As per the 11th Five Year Plan Document as approved by National Development Council, 58 million new jobs opportunities will be created during the 11th Plan period in the country including Maharashtra. 

The National Skill Development Corporation (NSDC) is a one of its kind, Public Private Partnership in India. It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions. It provides viability gap funding to build scalable, for-profit vocational training initiatives. Its mandate is also to enable support systems such as quality assurance, information systems and setting up of Sectors Skills Councils, etc. The NSDC was set up as part of a national skill development mission to fulfill the growing need in India for skilled manpower across sectors and narrow the existing gap between the demand and supply of skills. 36 proposals for skilling 56.54 million persons over a period of 10 years at a total cost of Rs. 1013.08 Crore have been approved by the Corporation out of which a sum of Rs. 115.48 Crore has been disbursed upto 28th July 2011

Performance of SEZ

Land is a State subject. Land for SEZs is procured as per the policy and procedures of the respective State Governments. As per information available in respect of 381 SEZs, 82.3% of land is waste/barren/dry/industrial, 15% of land is single crop and 2.7% of land is double crop. A Statement containing state-wise distribution of land area of SEZs is Annexed.

The main objectives of the SEZ Scheme are:

a) generation of additional economic activity
b) promotion of exports of goods and services
c) promotion of investment from domestic and foreign sources
d) creation of employment opportunities
e) development of infrastructure facilities

The SEZs are under obligation to achieve positive Net Foreign Exchange (NFE) earnings to be calculated cumulatively for a period of 5 years from the commencement of production, failing which the units shall be liable for penal action under the provisions of the Foreign Trade (Development and Regulation) Act, 1992. However no export targets are set for Special Economic Zones (SEZs).

As on 30th June, 2011, an investment of Rs. 2,12,914 crore approximately has been made in SEZs and the total direct employment in SEZs is 7,14,412 persons. The total exports made by SEZs during the last three years have been given below:-

Year
Value of exports in      Rs.crore
Growth over previous year
2008-2009
99,689
50%
2009-2010
2,20,711
121%
2010-2011
3,15,867.85
46.11%




Fiscal benefits and duty concession are allowed to the SEZ Developers and units as per the provisions of SEZ Act 2005. However, Finance Minister in his budget speech on 28th February, 2011, has imposed Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT) on SEZ Developers and Units.

Studies commissioned by the Department of Commerce have shown that SEZs have created a significant local area impact in terms of direct as well as indirect employment, emergence of new activities, changes in consumption pattern and social life, human development facilities such as education, healthcare etc.

In addition to seven Central Government Special Economic Zones (SEZs) and 12 State/Private SectorSEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to 585 proposals out of which 381 SEZs have been notified. A total of 143 SEZs have commenced export. 

In terms of Rule 6 of the SEZ Rules, validity of approval is for a period of three years within which time effective steps are to be taken by the developer to implement the approved proposal. On a request received from the developer, the Board of Approval, for the reasons to be recorded in writing can extend the validity period. Setting up of Single Window Clearance Mechanism, fiscal benefits and duty concessions, simplification of rules and procedures are some of the steps taken for speedyoperationalisation of SEZs.

State-wise land area of Notified Special Economic Zones (In hectares)
S. No.
State
Notified SEZs
1
Andhra Pradesh
12258.32
2
Chandigarh
58.46
3
Chattisgarh
101.28
4
Dadar & Nagar
10.3
5
Goa
249.48
6
Gujarat
12649.61
7
Haryana
1454.89
8
Jharkhand
36.42
9
Karnataka
2196.35
10
Kerala
728.231
11
Madhya Pradesh
265.27
12
Maharashtra
9197.69
13
Nagaland
50.7
14
Orissa
759
15
Punjab
46.12
16
Rajasthan
679.95
17
Tamil Nadu
4501.9
18
Uttarakhand
13.54
19
Uttar Pradesh
419.45
20
West Bengal
220.44
TOTAL
45897.40