Important Terms – Current Affairs

Mallakhamb

It is a traditional Indian sport in which a gymnast performs feats and poses in concert with a vertical wooden pole or rope. Mallakhamb originated in Maharastra, India, during the 12th century, as a form of training for wrestlers. Mallakhamba derives from the terms malla which denotes a wrestler and khamba which means a pole. Mallakhamba can therefore be translated to English as “pole gymnastics”. In 2013, the Indian state of Madhya Pradeshdeclared mallakhamba as the state sport.

Palar River

Palar is a river of southern India. It rises in Nandi Hills, India in Kolar district of Karnataka state and flows 93 kilometres (58 mi) in Karnataka, 33 kilometres (21 mi) in Andhra Pradesh and 222 kilometres (138 mi) in Tamil Nadu before its confluence into the Bay of Bengal. Tamil Nadu government has approached the Supreme Court seeking a permanent injunction against the newly bifurcated Andhra Pradesh from building new check dams and diversion structures meant to draw precious drinking water away from the parched areas of Tamil Nadu.Before reaching Tamil Nadu, the river flows for 33 km in Andhra Pradesh.

Non-lapsable Central Pool of Resources

It is a scheme is to ensure speedy development of infrastructure in the North Eastern Region by increasing the flow of budgetary financing for new infrastructure projects/schemes in the Region. Both physical and social infrastructure sectors such as Irrigation and Flood Control, Power, Roads and Bridges, Education, Health, Water Supply and Sanitation – are considered for providing support under the Central Pool, with projects in physical infrastructure sector receiving priority. Funds from the Central Pool can be released for State sector as well as Central sector projects/schemes.The idea is that the centrally allotted resources do not lapse with the end of the financial year and go back to the Finance Ministry.

Atal Pension Yojana
Atal Pension Yojana is a government-backed pension scheme in India targeted at the unorganised sector. Under Atal Pension Yojana, for every contribution made to the pension fund, Central Government would also co-contribute 50% of the total contribution or Rs.1,000 (US$15) per annum, whichever is lower, to each eligible subscriber account, for a period of 5 years. The minimum age of joining APY is 18 years and maximum age is 40 years. The age of exit and start of pension would be 60 years. Therefore, minimum period of contribution by the subscriber under APY would be 20 years or more.

Hyperloop

Hyperloop is a proposed mode of passenger and freight transportation that would propel a pod-like vehicle levitating through a tube-like track at more than the speed of a jet-propelled airplane.The system could be the future of transport — travelling from New Delhi to Mumbai in 70 minutes , or three times faster than a commercial flight. Hyperloop will glide silently for miles at speeds of up to 620 mph (1,000 km/h) with no turbulence. Hyperloop One plans to use magnetic levitation in low-pressure tubes to transport people and goods. Hyperloop One, which builds pods or capsules and tracks based on Tesla CEO Elon Musk’s 2013 concept, has been in talks with the Indian government to develop the technology in the country. It is fuel-efficient and sustainable. The cost of laying lines would be high, though anti-pollution gains from the change should make up for the initial expenses. Also, 3D printing can help speed up the track-laying process to 100km a year. Andhra Pradesh has shown interest in setting up a test track of 30km.The Jharkhand government is interested in developing a fast-track route connecting the state’s industrial corridor — Ranchi, Dhanbad, Bokaro and Jamshedpur. Hyperloop One will help accelerate India’s growth towards building substantial infrastructure that is financially and environmentally sustainable. Experts claim that this new form of transformative transportation that is two to three times faster than the fastest high-speed rail, on-demand versus scheduled, environmental friendly with no direct emissions, and is less expensive than current high speed rail technology. Niti Aayog is involved in the talks for the project.

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