[Newsbits] 28.12.2023: Zombie Deer Disease, God of Chaos Asteroid & more

In simpler terms, the MedTech Mitra initiative is a groundbreaking effort by the Indian government to bolster the medical technology sector. Launched in December 2023, it aims to support and guide MedTech startups and innovators in India. This initiative will assist them in clinical evaluation, regulatory facilitation, and market entry of new healthcare products. It is expected to reduce India’s reliance on imported medical technology, stimulate indigenous innovation, and make healthcare solutions more affordable and accessible across the country. The MedTech Mitra initiative represents a significant step towards India’s goal of becoming a global leader in medical technology and healthcare by 2047.

Zombie Deer Disease, officially known as Chronic Wasting Disease (CWD), is a fatal, contagious neurological disorder affecting deer, elk, and moose. First detected in Colorado in the 1960s, it has since spread across various parts of the United States, Canadian provinces, and countries like Norway, Finland, Sweden, and South Korea. The disease, caused by prions, has no known cure or vaccine and is challenging to eradicate from the environment. It can spread through bodily fluids, and infected animals display symptoms like weight loss, listlessness, and drooling. While there are no recorded cases in humans, there is concern about its potential to jump species.

The ‘God of Chaos’ asteroid, known as Apophis, is an S-type asteroid that NASA’s OSIRIS-APEX mission is set to study in 2029. This mission aims to observe the asteroid’s close approach to Earth, which will be within 20,000 miles, closer than some satellites. Scientists anticipate that Earth’s gravity will affect Apophis, potentially leading to surface changes like quakes and landslides. This mission is significant for understanding hazardous asteroids and solar system formation, contributing to planetary defense research.

The “Trend and Progress of Banking in India” Report for 2022-23 by the RBI provides an extensive analysis of the banking sector’s performance in India. It highlights the expansion and improvement in various areas such as the balance sheets of commercial and co-operative banks, asset quality, and profitability. The report also emphasizes the challenges such as cyber threats and the need for prudent risk management and governance practices to ensure resilient and inclusive growth in the banking sector.

The Global Land Squeeze refers to the increasing competition for land due to the rising demand for food, wood, and shelter, alongside the need to store carbon and protect biodiversity. With a growing global population, an area twice the size of India is projected to be converted to agriculture by 2050, and an area as large as the United States will be needed to meet wood demand. World Resources Institute’s report suggests a four-pronged strategy: produce more on the same land, protect forests, reduce demand for land-intensive products, and restore native habitats. In the Indian context, initiatives like the Bonn Challenge, the G20 Global Initiative, and practices like Holiyas, Plantopathy, and Zero budget natural farming are notable efforts towards addressing this challenge. The Global Land Squeeze underscores the need for sustainable land management, balancing human needs with ecological preservation.