India finalised deals for cheetahs from South Africa & Namibia

14 June 2022
-------------------------------
India finalised deals for cheetahs from South Africa & Namibia

The Indian government has finalized deals with South Africa and Namibia to get the planet’s fastest animals, cheetahs that became extinct in India and will be released into the wild at Kuno Palpur, Madhya Pradesh, by the end of 2022. Initially, a Memorandum of Understanding (MoU) will be signed for 10 years, which can be extended for another five years. There will be 12 cheetahs from South Africa and 8 from Namibia and more will be followed in subsequent years.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The project to translocate cheetahs from Africa to India is a long-term, one-time project being implemented by the environment ministry with the help of the Wildlife Institute of India to reintroduce the cheetah into wild, which became extinct in India in the 1950s. The Supreme Court had appointed an expert panel, which approved Kuno Palpur as the possible location for cheetah relocation. In the past six months, the Madhya Pradesh forest department has prepared a 10 sq km enclosure with round-the-clock surveillance for reintroduction of cheetahs.

38th India-Indonesia Coordinated Patrol Conducted in Andaman Sea

14 June 2022
-------------------------------
38th India-Indonesia Coordinated Patrol Conducted in Andaman Sea

The 38th India-Indonesia Coordinated Patrol (IND-INDO CORPAT) between the Indian Navy Units of Andaman & Nicobar Command (ANC) and Indonesian Navy is being conducted from June 13 to 24 2022 in the Andaman Sea and Straits of Malacca. The 38th CORPAT is the first post pandemic Coordinated Patrol (CORPAT) between the two countries. It includes a visit by the Indonesian Navy units to ANC at Port Blair from June 13 to 15, 2022 followed by a Sea Phase in the Andaman Sea and visit by IN Units to Sabang (Indonesia) from June 23 to 24, 2022.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

As part of Government of India’s vision of SAGAR (Security And Growth for All in the Region), Naval Component under the aegis of HQ ANC undertakes coordinated patrols with other littoral countries of the Andaman Sea along respective Exclusive Economic Zones (EEZ) towards enhancing regional maritime security.

About the CORPAT exercise:

The two Navies have been carrying out CORPAT along their International Maritime Boundary Line (IMBL) since 2002. This has helped build understanding and interoperability between both the Navies and has facilitated measures to prevent and suppress Illegal Unreported Unregulated (IUU) fishing, drug trafficking, maritime terrorism, armed robbery and piracy, etc. The IND-INDO CORPAT contributes towards forging strong bonds of friendship across the Andaman Sea and Straits of Malacca.

Important takeaways for all competitive exams: 

• Indonesia Capital: Jakarta;
• Indonesia Currency: Indonesian rupiah;
• Indonesia President: Joko Widodo.

Retail inflation for May matches estimates at 7.04%

14 June 2022
-------------------------------
Retail inflation for May matches estimates at 7.04%

According to data released by the Ministry of Statistics and Programme Implementation, India’s headline retail inflation rate eased to 7.04 percent in May from April’s near-eight-year high of 7.79 percent thanks to a favourable base effect. The fall in inflation in May is unlikely to do much to slow down the Reserve Bank of India’s (RBI) rate hike cycle. The Consumer Price Index (CPI) based inflation was 7.79 per cent in April. In May 2021, the retail inflation stood at 6.3 per cent.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important points:

• Meanwhile, a rise in price across all items from fuel to vegetables and cooking oil pushed WPI or Wholesale Price Inflation to a record high of 15.08 per cent in April and retail inflation to a near eight-year high of 7.79 per cent.
• Retail inflation tracked by the Consumer Price Index (CPI) measures changes in prices from a retail buyer’s perspective.
• The Reserve Bank, which factors in the CPI in its monetary policy, had earlier this month raised the inflation forecast for the current financial year to 6.7 per cent from its previous estimate of 5.7 per cent.