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Daily Current Affairs – 2020

Topic: For Prelims and Mains

LOTUS-HR

16th October 2019

Why in news?       

The project Local Treatment of Urban Sewage streams for Healthy Reuse (LOTUS-HR) is an Indo-Netherlands joint program.

  • It is supported by Department of Biotechnology.
  • It was initiated in 2017 and the 2nd phase was launched recently.

About :

  • The project aims to demonstrate a novel holistic (waste) water management approach that will produce clean water for reuse purposes.
  • The pilot scale plant upon commissioning will treat 10,000 L sewage water per day.
  • Special attention is paid to pathogen removal and removing conventional and emerging pollutants.
  • The project was launched in India-Netherlands water laboratory at the Barapullah drainin Delhi.
  • Wetlab – A design challenge competition for Indian and Dutch young professionals to provide innovative ideas to solve India’s urban water challenges.
  • It is jointly supported by Department of Biotechnology and Netherlands Enterprise Agency.

Atwood and Evaristo are joint winners of Booker Prize

Why in news?

  • Canadian writer Margaret Atwoodand British author Bernardine Evaristo split the Booker Prize recently, after the judging panel ripped up the rulebook and refused to name one winner for the prestigious fiction trophy.
  • Chairman Peter Florence said the five judges simply couldn’t choose between Atwood’s dystopian thriller ‘The Testaments’ and Evaristo’s kaleidoscope of black women’s stories, Girl, Woman, Other.

About the Booker Prize :

  • The Booker Prize for Fiction, formerly known as the Booker–McConnell Prize (1969–2001) and the Man Booker Prize (2002–2019), is a literary prize awarded each year for the best original novel written in the English language and published in the United Kingdom.
  • The winner of the Booker Prize is generally assured international renown and success; therefore, the prize is of great significance for the book trade
  • From its inception, only novels written by Commonwealth, Irish, and South African (and later Zimbabwean) citizens were eligible to receive the prize; in 2014 it was widened to any English-language novel—a change that proved controversial.
  • A high-profile literary award in British culture, the Booker Prize is greeted with anticipation and fanfare.

It is also a mark of distinction for authors to be selected for inclusion in the shortlist or even to be nominated for the “longlist”

Facts for Prelims

Clean Air Cities Declaration :

  • The declaration was signed in at the C40 World Mayors Summit in Copenhagen.
  • It commits cities to set ambitious pollution reduction targets and implement substantive clean air policies by 2025.
  • Totally 35 cities signed this declaration in which Delhi is also a part.
  • Through the declaration, mayors commit to using their power and influence to reduce air pollution and work towards meeting the WHO guidelines.
  • C40 cities are a network of the world’s megacities committed to addressing climate change.
  • It connects 94 of the world’s greatest cities to take bold climate action, leading the way towards a healthier and more sustainable future.

UK Sinha Committee :

Former SEBI chairman UK Sinha led committee recommended comprehensive framework for Insolvency resolution and liquidation of companies.

Its recommendations are

  • Single insolvency professional and single adjudicating authority
  • Creation of a group creditors committed
  • Implementation of group insolvency framework should be in a phased manner
  • Cross-border group insolvency to be taken up at a later stage
  • Single application to commence insolvency proceedings against multiple companies of a group.

 

 

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