General Knowledge Questions

India Integrated Coastal Zone Management Project

• To conserve, project and manage the coastal and marine environment, the Ministry is implementing the India ICZM Project with the World Bank assistance.

• For the implementation of the project the Ministry has established a Society of Integrated Coastal Management (SICOM) as nodal body under the Society Registration Act, in Delhi.

• The ICZM Project is being implemented as pilot investments in the coastal states of Gujarat, Odisha and West Bengal.

• National activities are implemented through SICOM along with monitoring of activities carried out by three selected states.

• The project has four implementing agencies-MoEF at the national level with lead responsibilities, and the Departments of Forests and Environment (DoEF) of the threeparticipating states.

Rajiv Gandhi Centre for Biotechnology - Thiruvananthapuram

Central Arid Zone Research Institute - Jodhpur

Centre for Social Forestry and Eco-Rehabilitation - Allahabad

Institute of Forest Productivity - Ranchi

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the establishment of National Institute of Mental Health Rehabilitation (NIMHR) at Bhopal.