Goaltide Daily Current Affairs 2021
Current Affair 1:
Drone Rules, 2021
The Ministry of Civil Aviation (MoCA) has recently notified the Drone Rules, 2021. As per the statement issued by the government, the earlier version of the rules i.e., UAS Rules, 2021 were perceived to be restrictive by academics, industry & various other stakeholders, involving a lot of paperwork & permissions to operate Unmanned Aircraft Systems (UAS), also referred to as Drones.
Considering the feedback and the potential of drones to contribute to the varied sectors of the economy, the Government of India (GoI) has decided to take a more liberalized approach.
In this context, we look at the new ‘Drone rules’ notified by GOI and review the rules relating to Unmanned Ariel vehicles in other countries.
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Definition & Classification
‘Drone Rules 2021’, define a drone as an aircraft that can operate autonomously or can be operated remotely without a pilot on board.’
Drones are classified into five types based on their weight (including maximum payload)
– Nano drone: Less than or equal to 250 gms. – Micro drone: Greater than 250 gms, less than or equal to 2 kgs. – Small drone: Greater than 2 Kg and less than or equal to 25 kgs, – Middle drone: Greater than 25 kgs and less than or equal to 150 kg – Large drone: Greater than 150 kgs. |
Some IMPORTANT PROVISIONS OF THE Drone Rules 2021.
The Digital Sky platform will have an interactive airspace map that would divide the country into – Green, Yellow & Red zones. The demarcation of these zones would help the drone operators to understand where they can or cannot fly their drones.
As per the new rules, there is no need for flight permissions to fly up to 400 feet in green zones and up to 200 feet in the area between 8-12 km from the airport perimeter.
Apart from the development of the Digital Sky Platform, the Ministry of Civil Aviation also proposes to facilitate the development of Drone corridors. These would be used for cargo deliveries. There is a proposal to set up a Drone promotion council that aims to facilitate a business-friendly regulatory regime.
Among the other important provisions is the provision of safety features – real-time tracking beacon, geo-fencing, etc. The industry would be given a 6-month lead time for compliance before these are notified.
Current Affair 2:
Important data from NBARD Report 2021
Few important charts from report given below:
Current Affair 3:
Term of the day: "Rights Issue"
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stocks/shares of the company at a discount price.
A rights issue is one way for a cash-strapped company to raise capital often to pay down debt. Through rights issue, the number of shares of the company (issued) will increase and the company gets more capital and through this new capital, the company can reduce/pay its debt.
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