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Important Daily Facts of the Day

19Oct
2024

19 October 2024, Quick Facts of the Day

19 October 2024, Quick Facts of the Day

1.         The National Board for Wildlife (NBWL) has approved five road stretches in Ladakh, including routes through the Karakoram Wildlife Sanctuary, to enhance infrastructure along the Line of Actual Control (LAC) in response to the 2020 India-China clashes. These roads are crucial for troop movement and logistics, particularly the Durbuk-Shyok-DBO route, which is near Chinese-held territory. Daulat Beg Oldie (DBO) serves as India's southernmost military outpost, featuring the highest airstrip. The approval includes conditions for implementing wildlife passage plans to protect local species. The NBWL, established in 2003, advises on wildlife conservation policies and oversees projects near national parks and sanctuaries.

 

2.         A report by Toxics Link and the Environmental Defense Fund highlights the environmental and health risks of Nonylphenol (NP) and Nonylphenol Ethoxylates (NPEs) in India. These surfactants contribute to pollution, notably causing frothing in the Yamuna River, and are recognized as endocrine-disrupting chemicals harmful to aquatic life and human health. While NPEs are banned in many countries for detergents, India lacks specific regulations, although NP was banned in cosmetics in 2009. NPEs and NP are widely used in textiles, detergents, food packaging, and more. They pose significant risks, including toxicity to aquatic organisms and potential hormonal imbalances in humans, leading to reproductive disorders and increased cancer risk. NP's environmental persistence allows it to remain in ecosystems for extended periods. The report calls for the adoption of safer alternatives, though progress in transitioning has been slow in India.

 

3.         Omar Abdullah of the National Conference has been sworn in as the Chief Minister of Jammu and Kashmir, marking a significant political development in the Union Territory (UT). Under Article 164(3), the oath of office, administered by the Governor or Lieutenant Governor in UTs, signifies allegiance to the Constitution and commitment to lawful governance. Abdullah is the first CM to assume office since the abrogation of Article 370 in 2019, which transitioned Jammu and Kashmir from a state to a UT. His appointment follows the revocation of President's Rule, which was imposed under Article 356 due to the inability of the state government to function constitutionally. This change reflects a shift back to elected governance in the region.

 

4.         The latest International Monetary Fund (IMF) report indicates that global public debt is projected to reach a historic USD 100 trillion, equating to 93% of global GDP in 2024 and nearing 100% by 2030. The IMF introduced a new "debt-at-risk" method for more accurately assessing uncertainties in debt forecasts, suggesting that public debt could rise to 115% of GDP by 2026 in a worst-case scenario. The report highlights that fluctuations in government borrowing costs are increasingly influenced by global factors, which could lead to increased volatility in sovereign yields and debt risks across countries. To address these challenges, the IMF recommends that nations capitalize on the current period of lower inflation and interest rates to bolster their financial reserves and undertake fiscal adjustments between 3.0% and 4.5% of GDP to manage debt levels effectively. The IMF, established in December 1945 alongside the World Bank at the Bretton Woods Conference, aims to maintain the stability of the international monetary system.

 

5.         The National Organ and Tissue Transplant Organisation (NOTTO) has announced important initiatives to enhance cornea and tissue transplant services in India. A key development is the creation of a centralized database for patients awaiting transplants, ensuring better tracking and management of donations. All organ retrieval and transplant centers, along with cornea transplant centers and tissue banks, are required to link their data to NOTTO's national registry. In terms of performance standards, eye banks must collect a minimum of 50 eyes or 100 corneas annually, and to retain their certification under the Transplantation of Human Organs and Tissues Act, 1994 (THOTA), they must collect at least 500 corneas over five years. Additionally, NOTTO is exploring an opt-out model for cornea donation, where hospital deaths are assumed to be potential donors unless individuals have explicitly opted out. NOTTO serves as the apex body under the Directorate General of Health Services to oversee organ and tissue transplant services in the country.