Goaltide Daily Current Affairs 2023

May 09, 2023

Current Affair 1:
SVASTIK- Scientifically Validated Societal Traditional Knowledge



Just read this document: Taken from original website.

SVASTIK's objective is to conserve the practice of the right tradition, inculcate scientific temper of verifying tradition in a scientific manner and instil confidence in citizens regarding the scientific value of our traditional knowledge/practices.

Not more than this is needed.

Current Affair 2:
Raising and Accelerating MSME Performance” (RAMP)




“Raising and Accelerating MSME Performance” (RAMP) is a World Bank assisted Central Sector Scheme.

The programme aims at improving access to market and credit, strengthening institutions and governance at the Centre and State, improving Centre-State linkages and partnerships, addressing issues of delayed payments and greening of MSMEs.

RAMP is a total outlay of Rs. 6062.45 crore or USD 808 Million, out of which Rs. 3750 Crore or USD 500 Million would be a loan from the World Bank.

Current Affair 3:
Sustainable Investment Forum


Climate Action will host the 6th annual Sustainable Investment Forum Europe in Paris on 09 May 2023.

What is Climate Action?

Current Affair 4:
What Is Flash Drought?


Flash drought is simply the rapid onset or intensification of drought. It is set in motion by lower-than-normal rates of precipitation, accompanied by abnormally high temperatures, winds, and radiation. Together, these changes in weather can rapidly alter the local climate.

Higher temperature increases evapotranspiration—the process by which water is transferred from the land to the atmosphere by evaporation from the soil and by transpiration from plants—and further lowers soil moisture, which decreases rapidly as drought conditions continue.

If not predicted and discovered early enough,

Flash droughts may lead to irreversible changes in terrestrial ecosystems. In such conditions, ecosystems may not have enough time to adapt to a large water deficit and extreme heat, leading to lower productivity. Flash droughts can also significantly challenge drought monitoring and prediction”.

Flash droughts usually last around 30-45 days.

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