National Monetization Pipeline (NMP)

• Vaid's ICS, Lucknow
• 28, Aug 2021

About the NMP:

• The National Monetization Pipeline is a 4-year roadmap of the Central Government’s brownfield infrastructure assets.
• It will provide clarity for the investors.
• The 2021-22 Union Budget mentioned Asset Monetization as a way to finance infrastructure. The government plans to use asset monetization not just for funding but also as a strategy for the enhancement and maintenance of infrastructure.

Objectives 

• Access to quality and affordable infrastructure for citizens.
• Luring private sector investment for better infrastructure creation.
• Creating employment opportunities.
• Fuel economic growth
• Integrate the rural and semi-urban areas for better public welfare.

Facts for Prelims:

NGC7733 and NGC7734:

A team of researchers from the Indian Institute of Astrophysics (IIA) came upon the rare occurrence while studying a known interacting galaxy pair, NGC7733, and NGC7734.

What is a Supermassive black hole?

A black hole is formed from the death of a star with such as a gravitational field that the matter gets sucked into the small space under it, trapping the light of the dead star.

Supermassive black holes are difficult to detect as they do not emit any light, however, they can reveal their presence by interacting with their surroundings.

When the dust and gas from the surroundings fall onto a supermassive black hole, some of the mass is swallowed by the black hole, however, some of it is converted into energy and is emitted as electromagnetic radiation that makes the black hole appear luminous.

They are called the Active Galactic Nuclei (AGN) and release a huge amount of energy and ionized particles into the galaxy and its environment.

Eco Sensitive Zones

ESZ is fragile areas around protected areas declared by the Ministry of Environment, Forest, and Climate Change (MoEFCC).

‘Samridh’

The Ministry of Electronics and Information Technology (MeitY) launched the ‘Samridh’ (Start-up Accelerators of MeitY for pRoduct Innovation, Development and Growth: SAMRIDH) scheme on August 25, 2021.

Objective: To promote the start-up ecosystem in the country.

Important Facts: ‘Samruddha’ i.e. ‘Start-up Accelerator for Product, Innovation Development and Growth’ scheme of Ministry of Electronics and Information Technology ‘MeitY Start-up Hub’ is being implemented.

• ‘Samridh’ will create a conducive platform for safe investments to enhance the products of Indian software product startups and grow their business.
• Prosper program will focus on nurturing 300 start-ups over the next three years by providing customer interaction, investor interaction and international reach