DAILY NEWS ANALYSIS
29 November, 2020
3 Min Read
GS-III – S&T (PT-MAINS-I.V)
Context: 9th Foundation Day of GITA, the Union Minister of Science & Technology underlined how the Global Innovation and Technology Alliance (GITA) served as a catalyst for nurturing innovation and industrial R&D.
The GITA platform encourages industrial investments in innovative technology solutions by
Technology Development Board:
It is a statutory body established by Technology Development Board Act, 1995.
Objective: To promote development and commercialization of indigenous technology and adaptation of imported technology for much wider applications.
Roles and functions of the board:
Global Innovation & Technology Alliance (GITA):
In order to stimulate the private sector’s investment in R&D, TDB has established the Global Innovation & Technology Alliance (GITA).
It is a joint venture between the Confederation of Indian Industry (CII) and TDB with an equity contribution of 51:49 respectively.
The GITA will assist the Department of Science & Technology (DST) in implementing industrial research and development programmes with different countries under bilateral and multilateral science and technology cooperation agreements.
World bank logistic performance index 2023 India is now ranked 38th out of 139 nations in the Logistic Performance Index (LPI) 2023 of the World Bank. From its previous rankings of 44th in 2018 and 54th in 2014, this is a notable improvement. Earlier, the Logistics Ease Across Different States (LEADS) Report 2022 was published by the Mini
Smuggling of Gold Airports discovered more than 63% of this illegal gold. The Department of Revenue Intelligence recently conducted the Golden Dawn Operation across India, seizing 101.7 kg of illegal gold valued at Rs 51 crore. Despite the fact that India receives a legal import of about 800-1,000 tonnes of gold each year, the illicit mar
India-Thailand Relations Both parties expressed satisfaction with the ongoing bilateral defence cooperation at the 8th India-Thailand Defence Dialogue, which was held in Bangkok, Thailand. Cultural ties and mutual cooperation that have been shaped by thousands of years of lasting historical and cultural ties characterise India and Thailand
Translocation of Elephants The Kerala government's appeal of the order of the Kerala High Court is rejected by the Supreme Court. The Kerala government's appeal against the Kerala High Court's directive to move Arikomban (Wild Elephant), the "rice tusker" of Munnar, to the Parambikulam tiger reserve was recently dismis
Global Buddhist Summit In order to improve diplomatic and cultural ties with other nations, the Ministry of Culture recently organised the First Global Buddhist Summit 2023 in collaboration with the International Buddhist Confederation (IBC). About the summit "Responses to Contemporary Challenges: Philosophy to Praxis" is
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