Current Affairs – February, 2019

Latest Current Affairs February, 2019 with Current Affairs, news summary on current events of National and International importance of February, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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NASA’s Mars Rover Opportunity Concludes a 15-Year Mission

The National Aeronautics and Space Administration (NASA) announced that its Mars Mission, Opportunity has come to an end. This marked the conclusion of the 15-year saga. The decision to end the mission was made after all the efforts to restore contact with the Opportunity Mars rover didn’t yield desired results.

Why the NASA lost the contact with Opportunity?

A historic global dust storm reached the location of the Opportunity rover on Mars. The storm darkened the skies and cut off of the rover’s solar power. All the efforts of NASA to restore the rover did not yield positive results.

Things worsened with the onset of the winter at the location of the Opportunity rover. The reduced sunlight and colder temperatures during winter made it unlikely for the recovery of the Opportunity rover.

About the Mission

Opportunity was the second of the twin Mars Exploration Rovers to land on Mars in January 2004. Opportunity landed 90 days after its twin rover Spirit landed. Spirit landed at Gusev Crater and Opportunity landed on the opposite side of Mars at Meridiani Planum.

NASA expected 90-day lifetimes for the rovers.  Both Opportunity and Spirit far exceeded their expected lifetime. Spirit’s mission ended in May 2011 after travelling eight kilometres and Opportunity had logged 45 kilometres before losing contact in June 2018.

Month: Categories: Science & TechnologyUPSC

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Government Approves Continuation of CLCS-TUS Scheme for MSMEs

The Cabinet Committee on Economic Affairs (CCEA) has approved a three-year extension of the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) for Micro, Small and Medium Enterprises (MSME) with a total outlay of 2,900 crores on 13th February 2019. This scheme will continue beyond the 12th Five Year Plan for three years from 2017-18 to 2019-20.

What is the CLCS-TUS Scheme?

  • Under this scheme, an upfront capital subsidy of 15 per cent will be provided to the MSMEs on institutional finance of up to Rs 1 crore availed by them. This will be done to help the MSMEs in employing well-established and improved technology in the specified 51 sub-sectors/products approved.
  • The scheme aims to improve the competitiveness of MSMEs by integrating various current schemes aimed at up-grading technology through Credit Linked Capital Subsidy, hand holding for zero defect zero effect manufacturing, increasing productivity through waste reduction, design intervention, cloud computing, facilitation of intellectual property and nurturing new ideas.
  • It will also focus on improving the quality of products and enhancement in productivity. This will promote a culture of continuous development.
  • The scheme also incorporates special provisions to increase entrepreneurship for SC/STs, women, hill states, island territories and the aspirational districts/ LWE (Left-wing extremism) districts.

Comment

The MSME sector has emerged as a highly vibrant and dynamic sector of the Indian economy. They not only provide employment in the rural areas but are also a prelude to industrialization. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.

Month: Categories: Government SchemesUPSC

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