In Today’s News:
- Operation Olivia
- Bharitalasuchus Tapani
- Cryptocurrencies – Bitcoin
- PENCIL portal
1. Operation Olivia
Operation Olivia to rescue the Olive Ridley turtles is found in the news.
Prelims GS – Governance/Environment
- The Indian Coast Guard conducts “Operation Olivia” every year.
- This Operation Olivia helps protect Olive Ridley Turtles as they gather as a mass along the Odisha coast for breeding and nesting.
- The Coast Guard helps in the enforcement of laws to protect the Olive Ridleys.
- Scientific name: Lepidochelys olivacea
- IUCN status: Vulnerable
- The Olive ridley turtles are the smallest and most abundant of all sea turtles found in the world, inhabiting warm waters of the Pacific, Atlantic and Indian oceans.
- The coast of Orissa in India is the largest mass nesting site for the Olive-ridley, followed by the coasts of Mexico and Costa Rica.
- The turtles’ products are banned under CITES Appendix I.
- It is included in Schedule 1 of the Wildlife Protection Act 1972.
- Olive Ridleys are commonly found in Rushikulaya, Gahirmatha in Orissa.
Click here to know more about Olive Ridley turtles.
2. Bharitalasuchus Tapani
Bharitalasuchus Tapani was found by a team of researchers from the Indian Statistical Institute, Kolkata.
Prelims GS – Environment
- Bharitalasuchus Tapani is a carnivorous reptile that lived 240 million years ago.
- Several fossils have been found on the rocks of Yerrapali formation, Telangana.
- Family: Extinct reptiles named Erythrosuchidae
- It would have been approximately the size of a male lion.
- This animal would have had large teeth and big heads.
- It might have been the largest predators in their ecosystems.
3. Cryptocurrencies – Bitcoin
There is an article related to cryptocurrencies and bitcoin in the news
Prelims GS – Science & Technology
- A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers.
- This decentralized structure allows them to exist outside the control of governments and central authorities.
- Cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.
- Eg: Bitcoin, Etherium, Tether, and Binance Coin
Criticism of Cryptocurrency:
- Exchange rates are highly volatile.
- Cryptocurrencies offer an anonymous nature thereby making them vulnerable to a host of illegal activities, such as money laundering and tax evasion.
- There are vulnerabilities in the infrastructure underlying cryptocurrencies.
- Mining of bitcoins and cryptocurrencies involves a high amount of energy use.
- The first blockchain-based cryptocurrency is Bitcoin.
- Bitcoin was launched in 2009.
- Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity.
- Bitcoin is created, distributed, traded, and stored with the use of a decentralized ledger system, known as a blockchain
4. PENCIL portal
Union Minister of Women and Child Development and Textiles, Smt. Smriti Zubin Irani has Appealed to Citizens to report the instances of Child Labour on the PENCIL Portal or by calling on Childline-1098.
Click here to view the official PIB release.
Prelims GS – Governance
- PENCIL refers to the Platform for Effective Enforcement for No Child Labour.
- It has been launched by the Ministry of Labour and Employment.
- PENCIL is an electronic platform that aims at involving Centre, State, District, Governments, civil society and the general public in achieving the target of child labor free society.
- The PENCIL Portal has the following components.
- Child Tracking System
- Complaint Corner
- State Government
- National Child Labour Project and
- India has ratified the two Core Conventions of International Labour Organization (ILO), Convention 138 regarding admission of age to employment and Convention 182 regarding worst forms of Child Labour in June 2017 which shows the country’s commitment to a child labor free nation.
Click here to view the official website of the PENCIL portal.
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