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Cross-Border Insolvency Framework

Why in News?
👉The Indian government is working on a framework for cross-border insolvency under the Insolvency and Bankruptcy Code (IBC).
👉The framework seeks alignment with the UNCITRAL Model Law on Cross-Border Insolvency to enhance India’s position as a global business hub.

What is Cross-Border Insolvency?
👉Cross-border insolvency arises when a debtor’s assets or creditors are located in multiple countries, requiring coordinated legal proceedings.
👉The UNCITRAL Model Law, adopted by over 50 countries, provides a framework for addressing these cases, ensuring clarity and fairness.

Key Features of the UNCITRAL Model Law:
👉 Foreign representatives can approach domestic courts.
👉 Domestic courts can recognize foreign insolvency proceedings.
👉Encourages collaboration between courts across jurisdictions.
👉 Ensures consistent and efficient proceedings

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✅Effects of Cryosphere on global climate:

•Maintaining global temperatures:
Snow has high albedo due to which majority of sun rays will be reflected and heat will be reduced

•Carbon trapping agents:
Cryospheric regions have large amounts of active carbon dioxide trapped below their surface due to frozen nature.

•Water cycling:
The cryospheric regions are major source of rivers and streams that are essential parts of water cycle.


The region of Cryosphere, eventhough do not contribute much to human habitat, have a large role in maintaining the climate of the world. Saving these regions must be a top priority.

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❇️ 10 November

🌍 World Science Day for Peace and Development
शांति और विकास के लिए विश्व विज्ञान दिवस

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Happy Chhath Puja 👏👏

🔆Sankirtana

✅Kirtana singing is said to have arrived in Manipur in the fifteenth century during the reign of Bengal's King Kiyamba (1467-1508).

✅This devotional form quickly emerged as a distinct cultural form within Manipur's Vaishnavite community.

✅The first kirtana was said to have been performed at Lord Vishnu's small temple in the village of Vishnupur.

✅Sankirtana is a collection of arts done by the Vaishnava people of the Manipur plains to commemorate religious festivals and stages in their lives.

✅Sankirtana traditions revolve around the temple, where singers and dancers describe Lord Krishna's life and actions via songs and dance.

✅Cymbals and drums are the most commonly used musical instruments.

✅The dignity and flow of artistic and holy energy are unrivaled, driving audience members to tears and causing them to kneel themselves in front of the artists on many occasions.

✅In 2013, it was included in UNESCO's Representative List of Humanity's Intangible Cultural Heritage.

#art_and_culture

🪔 प्रकाश व प्रसन्नता के पर्व दीपावली पर आपको सपरिवार बहुत बहुत मंगलकामनाएं। धन, वैभव, यश, ऐश्वर्य के साथ दीपावली पर माँ महालक्ष्मी आपकी सुख सम्पन्नता स्वास्थ्य व हर्षोल्लास में वृद्धि करें, इन्हीं शुभेच्छाओं के साथ।                                       

🪔ll शुभ दीपावली ll🎉🎉            
 
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✍🏻BRICS is an international group of five emerging economies, which includes Brazil, Russia, India, China and South Africa.
This time four new countries Iran, Egypt, Ethiopia and United Arab Emirates have also joined.
Its objective is to provide a platform for economic development, mutual cooperation and raising a collective voice on the global platform.
How many members are there in BRICS now?
After the five founder countries in BRICS and the addition of four new member countries on January 1, 2024, now a total of nine countries are members of the group.
After the five founder countries in BRICS and the addition of four new member countries on January 1, 2024, now a total of nine countries are members of the group.

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India and ASEAN

The Government of India (GoI) in its Union Budget 2022, announced the National Tele Mental Health Programme of India, Tele Mental Health Assistance and Networking Across States (Tele MANAS) and entrusted the Ministry of Health and Family Welfare (MoHFW) to guide its overall implementation. Consequently, the MoHFW formed a National Technical Advisory Group (NTAG) and three technical advisory sub-committees (Mental Health Service Delivery, Information Technology Architecture and Health Systems) to achieve specific goals and objectives of Tele MANAS.

🔰 बड़े गौर से सुन रहा था ज़माना...!
आप ही सो गए दास्तां कहते कहते...!!🥺

ईश्वर आपकी आत्मा को शांति प्रदान करें 🙏विनम्र श्रद्धांजलि....🌟

A man with zero haters is no more💔

#RatanTata

Iron Dome air defence system

It is a short-range, ground-to-air, air defence system that includes a radar and Tamir interceptor missiles that track and neutralise any rockets or missiles aimed at Israeli targets.

It is used for countering rockets, artillery & mortars as well as aircraft, helicopters and Unmanned Aerial Vehicles (UAV).

It is capable of being used in all weather conditions, including during the day and night.

It was developed by the state-run Rafael Advanced Defense Systems and Israel Aerospace Industries and was deployed in 2011.

Rafael claims a success rate of over 90%, with more than 2,000 interceptions, however experts agree the success rate is over 80%.

It can protect deployed and manoeuvring forces, as well as the Forward Operating Base (FOB) and urban areas, against a wide range of indirect and aerial threats.

Components:
The Iron Dome has three main systems that work together to provide a shield over the area where it is deployed which are:
🔸Radar: It has a detection and tracking radar to spot any incoming threats.
🔸Weapon Control: It has a battle management and weapon control system (BMC),
🔸Missile Fire: It also has a missile firing unit. The BMC basically liaises between the radar and the interceptor missile.

Happy Navratri 🌺🌺🌺🌺🌹🌷🌷

सत्य अहिंसा का था वो पुजारी,
कभी ना जिसने हिम्मत हारी,
सांस लेने की दी हमें आजादी,
जनजन है उनका आभारी।
8. उसकी सोच ने कर दिया कमाल,
देश का बदल गया सुर ताल,
सबने बोली सत्य अहिंसा की बोली,
हर गली में जली विदेशी वस्तुओं की होली।

#Happy_Gandhi_Jayanti_2024

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Ashtamudi lake

🔹 It is located in Kollam district of Kerala.

🔹 It is a unique wetland ecosystem and a large palm-shaped (also described as octopus-shaped) water body.

🔹 It is also called the gateway to the backwaters of Kerala.

🔹 It was included in the list of wetlands of international importance, as defined by the Ramsar Convention.

🔹 Ashtamudi Estuary is the deepest among all the estuaries in Kerala.