Cyclone Dana

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•Formation and impact: This would have occurred in October 2023 and would have brought devastating rains, strong winds, and significant flooding in many places.

•Affected locations: The main impact was on coastal areas; it destroyed buildings and agricultural products, leading to evacuations.

•Response and Recovery: Emergency response teams have been deployed for rescue operations, and governments are carrying out recovery efforts to assist affected areas and restore damaged infrastructure.

Public private partnership   

 •Definition and Purpose: A public-private partnership is a collaboration between a government agency and a private company to provide a public service or implement an infrastructure project, with the goal of attracting private investment and expertise.

• Advantages: PPPs help the faster speed of completion by boosting efficiency, reducing public expenditure, and increasing innovation in the quality of services provisioned; it also promotes competition and better management by the private sector.

•Drawbacks: Proper planning, clear contractual agreement, and effective risk management are the prerequisites for successful PPPs, since project failure or fiscal burden to the public sector may be inevitable in case of any misalignment of interests or loss of oversight.

Securities and Exchange Board of India

 •The primary role of regulating the securities market in India lies with the Securities and Exchange Board of India (SEBI) to protect the interests of investors, ensure fair trade practices and develop the capital market.

•Key Functions: SEBI's key functions include registration, regulation of stock exchanges, regulation of market intermediaries, supervision of mutual funds and enforcement of securities laws.

• Investor Protection: SEBI encourages investor education practices, market transparency and elimination of fraudulent activities, thereby making the investment landscape safer.