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Renewable Energy Certificates (RECs) 

Union Minister of Power and New & Renewable Energy, Shri RK Singh has given his assent to amendments in the existing Renewable Energy Certificate (REC) mechanism. The sales of Renewable Energy Certificates (RECs) rose over 79 % to 8.38 lakh units in March 2020 compared to 4.68 lakh in the same month a year ago owing to good supply. Features of Renewable Energy Certificates (RECs) Mechanism Renewable Energy Certificates (RECs) is a market-based ins

30 September, 2021 GS-III Economic Issues

Electoral Bonds Scheme 

What is Electoral Bonds Scheme? As per the scheme, Electoral bonds means a bond issued in the nature of promissory note which is a bearer banking instrument not carrying the name of buyer or payee. They are used for making donations to political parties. Govt launched it on 2 Jan, 2018. They are issued by Scheduled Commercial Banks upon authorisation from Central Govt (not RBI) to donor, but only against cheque and digital payments (not cash

30 September, 2021 GS-III Economic Issues

Artificial Intelligence in India

Industrial Revolution 4.0 It includes AI, Robotics, Blockchain AR, VR, IoT, Supercomputing, Machine Learning, Deep Learning, 3D printing. IoT (Internet of Things): is defined by ICT as a dynamic global network infrastructure with self configuring capabilities. Deep Learning or Hierarchical Learning is part of machine learning methods based on learning data representations. In deep learning, each level learns to transform its input data into a slightly more abstract and composite repres

29 September, 2021 GS-III S&T

SATAT initiative

About Biogas Energy produced from organic waste. Converted into energy by direct combustion or by conversion of such wastages into alcohol, methane, or other storage fuels. Bio-gas is produced naturally through process of anaerobic decomposition from waste and bio-mass sources like agriculture residue, cattle dung, municipal solid waste, farms, gardens, kitchen waste, night soil waste, sugarcane press mud, sewage treatment plant (STP) wa

28 September, 2021 GS-III Economic Issues

National Disaster Management Authority (NDMA)

The National Disaster Management Authority (NDMA) is the apex statutory body for disaster management in India. The NDMA was formally constituted on 27th September 2006, in accordance with the Disaster Management Act, 2005 with Prime Minister as its Chairperson and nine other members, and one such member to be designated as Vice-Chairperson. Mandate: Its primary purpose is to coordinate response to natural or man-made disasters and for capacity-build

28 September, 2021 GS-III Disaster and Disaster management

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)

About Ayushman Bharat Scheme It is to address health issues at all levels - primary, secondary and tertiary. It is the largest Govt funded Healthcare program of World with ~ 50 crore beneficiaries. It is an integrated approach comprising of health insurance. Components of PMJAY Create 1.5 lakh Health and Wellness Centers (for Primary healthcare) HWCs are created by converting existing PHC and subcenters. They

28 September, 2021 GS-III S&T

Akash Prime Missile

A new version of the Akash Missile – ‘Akash Prime’ has been successfully flight tested from Integrated Test Range (ITR), Chandipur. The missile intercepted and destroyed an unmanned aerial target mimicking enemy aircrafts, in its maiden flight test after improvements. In comparison to the existing Akash System, Akash Prime is equipped with an indigenous active Radio Frequency (RF) seeker for improved accuracy. Other improvements also ensure more reliable performance

28 September, 2021 GS-III Economic Issues

Ayushman Bharat Digital Mission

Under this, every citizen will now get a digital health ID and health records digitally protected A campaign of strengthening health facilities that had been going for the last seven years was entering a new phase today, said Prime Minister Narendra Modi while launching the Ayushman Bharat Digital Mission. The Ayushman Bharat Digital Mission would now connect the digital health solutions of hospitals across the country with each other. A release issued by the Central Government stressed

28 September, 2021 GS-III S&T

Delhi metro earned Rs. 19.5 crore from Carbon credits

Read the complete topic on Climate change on this link and then read this news. The Delhi Metro has earned ?19.5 crore from sale of 3.55 million carbon credits collected over a period of six years from 2012 to 2018, in its bid towards gaining greater energy efficiency. In 2007, Delhi Metro became the first Metro or Railway project in the world to be registered by the United Nations under the Clean Development Mechanism (CDM), which enabled it to claim carbon credits for its Regenerative

27 September, 2021 GS-III Biodiversity & Environment

Coir Industry in India

Coir Industry Coir Board was set up under the Coir Industry Act, 1953 by the Government of India for the overall sustainable development of coir industry in the Country. The functions of the Board as laid down under the Act include undertaking, assisting and encouraging scientific, technological and economic research, modernization, quality improvement, human resource development, market promotion and welfare of all those who are engaged in this industry. The Head Quarters

26 September, 2021 GS-III Economic Issues

Saubhagya Scheme

Need for Saubhagya Scheme: Introduction Access to electricity definitely has positive impact on quality of life of people in all aspects of daily household chores and human development. Firstly , Access to electricity would substitute use of Kerosene for lighting purposes resulting in reduction in indoor pollution thereby saving people from health hazards. Further, electricity access would help in establishing efficient and modern health services in all parts of the country. Light

26 September, 2021 GS-III Economic Issues

Cryptocurrency and China

China’s central bank said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies. What is Blockchain Technology? Blockchains are a new data structure that is secure, cryptography-based, and distributed across a network. The technology supports cryptocurrencies such as Bitcoin, and the transfer of any data or digital asset. Spearhead

25 September, 2021 GS-III S&T

Procurement Schemes in India: Government e-Marketplace

About Government e-Marketplace(GeM), 2016 (Ministry of Commerce and Industry) GeM is a one-stop National Public Procurement Portal to facilitate online procurement of common use Goods & Services required by Center, States, their organizations and PSUs. Procurement of goods & services by Ministries and CPSEs is mandatory for goods and services available on GeM. It will bring transparency and efficiency in the government buying process. It also

25 September, 2021 GS-III Economic Issues

Medical Devices Parks Scheme

The Union government notified a scheme to promote medical device parks at a financial outlay of ?400 crore till financial year 2024-2025. The scheme aims to ensure easy access to testing and infrastructure facilities. It is expected that this will bring down the cost of production of medical devices, thereby making them more affordable for domestic consumption, the Department of Pharmaceuticals said in a statement. The financial assistance for a selected medical device park would be 90% o

25 September, 2021 GS-III S&T

Startup Ecosystem in India

What is the Startup Ecosystem in India? India has the 3rd largest startup ecosystem in the world; expected to witness YoY growth of a consistent annual growth of 12-15% India has about 50,000 startups in India in 2018; around 8,900 – 9,300 of these are technology led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day. Definition of Startup Expanded An entity shall be considered as a Startup: Upto a period of ten

24 September, 2021 GS-III Economic Issues

Indian Rhino/ Great One Horned Rhino

Indian Rhino/ Great One Horned Rhino It is the largest of Rhino species found in Nepal, Bhutan, Pakistan and India. It is Vulnerable and in Schedule I of Wildlife Protection Act. 22 September is Rhino Day. India is home to 2,200 rhinos, or over 85 % population. In India it is found in UP, West Bengal and Assam. According to WWF data of 2012, Assam has 91 % of total Rhino of India which is mainly concentrated in Kaziranga National Park (Largest absolute population),

23 September, 2021 GS-III Biodiversity & Environment

FDI Reforms

About Foreign direct investment (FDI) The regulations for foreign investment in India have been framed by the RBI in terms of Sections 6 and 47 of FEMA, 1999. FDI is an investment from a party in 1 country into a business or corporation in another country with intention of establishing a lasting interest. RBI is the regulator of FDI but DPIIT (Ministry of Commerce & Industry) is implementing through consolidated FDI Policy. FDI is a source of non-debt finance for the economic dev

23 September, 2021 GS-III Economic Issues

Deposit Insurance Credit Guarantee Corporation Bill 2021

About DICGC Bill 2021 Accessing depositors money has been an issue of when it will be allowed and under what conditionalities. Normally, it takes about 8-10 years, after complete liquidation of the bank. Now, what we are saying is even. As per the proposed process, a bank under moratorium would have to collect all the account details and balances and share it with the Deposit Insurance Credit Guarantee Corporation (DICGC) within 45 days. The DICGC would get another 45 days

23 September, 2021 GS-III Economic Issues

Electric Vehicles and Government Policies

Electric car uses alternate fuel electricity instead of petrol or diesel. An electric vehicle, uses one or more electric motors or traction motors for propulsion. There is a growing acceptance for hybrid and electric cars in the country and more and more manufacturers are entering this niche segment with an express objective of lowering the fuel import bill and running cost of vehicles. Conversion of vehicles to electric vehicles has a potential to save fossil fuels worth about $100 b

23 September, 2021 GS-III Biodiversity & Environment

Cyber Security

Cybercrime is a crime that involves a computer and a network. The computer may have been used to commit the crime and in many cases, it is also the target. Cybercrime may threaten a person or a nation’s security and financial health. In a computing context, security includes both cyber security and physical security. Currently, almost 70 categories of cyber security products have been identified. These include products used for data loss prevention, security analytics, big data an

22 September, 2021 GS-III Internal security

India now has 10 Blue Flag beaches

In yet another recognition of India’s commitment to protect and conserve the pristine coastal and marine ecosystems through holistic management of the resources the globally recognized and the coveted International eco-label "Blue Flag”, has accorded the Blue Flag Certification for 2 new beaches this year –Kovalam in Tamil Nadu and Eden in Puducherry beaches. What are Blue Flag beaches? Blue Flag certification is a globally recognised eco-label accorded by &qu

22 September, 2021 GS-III Biodiversity & Environment

K Kasturirangan panel for National Curriculum Framework (NCF)

The Centre has started the process to revise school textbooks by appointing former Indian Space Research Organisation (ISRO) chairman K. Kasturirangan as the head of a 12-member steering committee responsible for developing a new National Curriculum Framework (NCF). Dr. Kasturirangan also chaired the drafting committee for the National Education Policy, 2020 which recommended the development of a new NCF. The steering committee has been given a tenure of three years to complete its task.

22 September, 2021 GS-III Economic Issues

Nagaland Issue

Four years after the government inked the Naga peace accord in 2015, the Centre has now said that the process had almost concluded, despite the fact that the talks had hit a roadblock in its final stages. Why is the Naga Peace talks being delayed? It is mainly because of unrealistic demands. NSCN I-M has issued statements in the past claiming that it wanted a separate Constitution, flag and integration of all contiguous Naga-inhabited areas under Nagalim (Greater Nagaland). &n

22 September, 2021 GS-III Internal security

Plant Discoveries 2020

The Botanical Survey of India, in its new publication Plant Discoveries 2020 has added 267 new taxa/ species to the country’s flora. The 267 new discoveries include 119 angiosperms; 3 pteridophytes; 5 bryophytes, 44 lichens; 57 fungi, 21 algae and 18 microbes. In 2020, 202 new plant species were discovered across the country and 65 new records were added. With these new discoveries the latest estimate of plant diversity in India stands at 54,733 taxa including 21,849 angiosperms,

21 September, 2021 GS-III Biodiversity & Environment

Climate Change and Summits

Context: Climate Change is one of the most important topics for UPSC Prelims 2021 and it is also important for Mains Answer Writing for IAS Mains 2021. Hence, AspireIAS has come up with a comprehensive document for Climate Change. What is Climate? Weather is what conditions of the atmosphere are over a short period of time, and climate is how the atmosphere "behaves" over relatively long periods of time (like 100 years). Climate change is a complex problem, although Env

21 September, 2021 GS-III Biodiversity & Environment

Helina and Dhruvastra Missiles

The Defence Research and Development Organisation (DRDO) has designed and developed anti-tank guided missiles, Army version Helina, and Airforce variant Dhruvastra. These are third generation, Lock-on-Before-Launch (LOBL) fire-and-forget anti-tank guided missiles that can engage targets both in direct hit mode as well as top attack mode. The system has all-weather day and night capability. They can defeat battle tanks with conventional armour as well as with ex

20 September, 2021 GS-III Internal security

NIPUN Bharat

NIPUN stands for National Initiative for Proficiency in Reading with Understanding and Numeracy (NIPUN Bharat) The vision of NIPUN Bharat Mission is to create an enabling environment to ensure universal acquisition of foundational literacy and numeracy, so that every child achieves the desired learning competencies in reading, writing and numeracy by the end of Grade 3, by 2026-27. NIPUN Bharat will be implemented by the Department of School Education and Literacy and a five-tier impleme

20 September, 2021 GS-III Economic Issues

Malware attacks in India

What is a malware? Malware is intrusive software that is designed to damage and destroy computers and computer systems. Malware is a contraction for “malicious software.” Examples of common malware includes viruses, worms, Trojan viruses, spyware, adware, and ransomware. Types of Malware Viruses are a subgroup of malware. A virus is malicious software attached to a document or file that supports macros to execute its code and spread from host to host. On

19 September, 2021 GS-III Internal security

PLI Scheme for Drones

Center has approved the Production-Linked Incentive (PLI) scheme for drones and drone components on 15 Sep 2021. The total amount allocated for the PLI scheme for drones and drone components is INR 120 crore spread over three financial years. This amount is nearly double the combined turnover of all domestic drone manufacturers in FY 2020-21. This amount is 1.5 times the combined size of the manufacturing drone sector. Over a period of three years, estimated investment

17 September, 2021 GS-III Internal security

Fuel Prices quicken WPI inflation to 11.39% in August

Inflation in wholesale prices resurged to 11.39% in August, staying in the double digits for the fifth month in a row. Inflation in manufactured products escalated for the fourth month in a row to 11.4%, as the second order effects of high fuel prices kicked in. Fuel and power inflation firmed up to 26.1% in August after a dip in July, even though food price inflation moderated to 3.43% from 4.46% . “LPG, petrol and diesel witnessed inflation of 48.1%, 61.5% and 50.7% respectively

16 September, 2021 GS-III Economic Issues

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