News: Only 0.5% of all start-ups able to get venture capital: report.
Source: The Hindu
Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
Venture capital generally comes from well-off investors, investment banks and any other financial institutions. However, it does not always take just a monetary form; it can be provided in the form of technical or managerial expertise.
For small businesses, or for up-and-coming businesses in emerging industries, venture capital is generally provided by high net worth individuals (HNWIs) – also often known as ‘angel investors’ – and venture capital firms.
News: Eastern Ghats face loss of forest cover, endemic plants.
Source: The Hindu
The Eastern Ghats spread across Odisha, Andhra Pradesh, Karnataka and Tamil Nadu, has lost almost 16% of its forest area over a span of 100 years, a recently published study shows.
It is a chain of highly broken and detached hills starting from the Mahanadi in Odisha to the Vagai in Tamil Nadu. They almost disappear between the Godavari and the Krishna.
Previous studies have shown that the Eastern Ghats is home to more than 2,600 plant species and this habitat fragmentation and destruction can pose a serious threat to the endemic plants.
Between the Godavari and the Krishna rivers, the Eastern Ghats lose their hilly character and are occupied by Gondwana formations (KG Basin is here).
The Eastern Ghats reappear as more or less a continuous hill range in Cuddapah and Kurnool districts of Andhra Pradesh where they are called as Nallamalai Range with general elevation of 600-850 m.
The Eastern Ghats are home to one of the largest numbers of Asiatic elephants in the world. Other large animals such as the Nilgiritahr, leopard, sambar deer and tiger too abound the landscape. However, animals such as fishing cats, rusty spotted cats, pangolin, a nocturnal primate called slow loris, Indian mouse deer, snakes such as the king cobra have become vulnerable while the bison, saltwater crocodile, water monitor lizard, palm civet, Asiatic wild dog, barking deer and hog deer are facing extinction.
The mountain range hosts nearly 20 national parks, wildlife and bird sanctuaries, and tiger reserves.
Here are the tiger reserves:
Satsokia Tiger Reserve
Simplipal Tiger Reserve
Sunabeda Tiger Reserve
Nagarjunsagar-Srisailam Tiger Reserve