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Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) of the Board of Governors of the International Monetary Fund (IMF) at the Annual Meetings 2021 held in Washington D.C. on 14th October
What is PRAGATI platform? PRAGATI (Pro-Active Governance And Timely Implementation) is a multi-purpose, multi-modal, unique and interactive platform. The platform is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projec
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 Ja
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
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
About Pradhan Mantri Vaya Vandana Yojana - PMVVY PMVVY is a social security scheme for senior citizens intended to give an assured minimum pension to them based on an assured return on the purchase price / subscription amount. Extension of Pradhan MantriVayaVandanaYojana (PMVVY) up
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 co
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
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 insu
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
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 reduc
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
Definition of a Cyclone Cyclone refers to any spinning storm that rotates around a low-pressure center. The low-pressure centre is also referred to as the 'eye' of the storm, which is well known for being eerily calm compared with the areas under the spinning 'arms' of the stor
The Government has issued Notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components. The PLI Scheme for the auto sector envisages to overcome the cost disabilities of the industry for manufacture of Advanced Automotive Technology products in India.
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. Procu
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
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 las
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
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
India has climbed 2 spots and has been ranked 46th by the World Intellectual Property Organization in the Global Innovation Index 2021 rankings. What is Global Innovation Index? It is a global ranking for countries for success in innovation. It is published b
The 6th Edition of Shanghai Cooperation Organisation (SCO) Exercise Peaceful Mission : 2021 was held today. It was hosted by Russia at Orenburg Region of South West Russia. The aim of the exercise is to foster close relations between SCO Member States and to enhance abilities of the military
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
In a first by any Presiding Officer of the legislatures in the country and in the context of rising disruptions, Rajya Sabha Chairman Shri M.Venkaiah Naidu today unequivocally held that disruptions of proceedings amount to contempt of the House and disruptors can’t claim it as their
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 com
Recently, the Ministry of Agriculture and Farmers Welfare signed 5 Memorandums of Understanding (MOUs) with private companies for taking forward Digital Agriculture. A Digital agriculture mission has been initiated for 2021 -2025 by government for projects based on new technologies like artific
Even as the notion is that Coal mining in India degrades land, new projects of Coal India Ltd. (CIL), under the Ministry of Coal are not only reclaiming land to its original shape but also enhancing Green cover along with Coal Mining activity. Emphasis is to have simultaneous ba
The policies of Government of India and decision taken in recent years towards farmers’ welfare have resulted insignificant improvement of food grain production and sustained agriculture growth despite COVID-19 pandemic. The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon
Ministry of Civil Aviation (MoCA) has released the updated – The Drone Rules, 2021 for public consultation. Built on a premise of trust, self-certification, and non-intrusive monitoring, The Drone Rules, 2021 will replace the UAS Rules 2021 (released on 12 March 2021). Key takeaways from t
Features of SWAMITVA Scheme SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme is a collaborative effort of the Ministry of Panchayati Raj, State Panchayati Raj Departments, State Revenue Departments and Survey of India. SVAMITVA, a Central
Centre has revised "Transport and Marketing Assistance" (TMA) scheme for Specified Agriculture Products’. In February 2019, the Department of Commerce had introduced ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ to provide
What is ATL Space Challenge 2021? Atal Innovation Mission (AIM), NITI Aayog in collaboration with the Indian Space Research Organisation (ISRO) and Central Board of Secondary Education (CBSE) successfully launched the ATL Space Challenge 2021 for all school students across the country. T
Methanol is utilized as a motor fuel, to power ship engines, and to generate clean power all over the world. Methanol is also used to generate di-methyl ether (DME), a liquid fuel that is very similar to diesel — existing diesel engines simply need to be minimally changed to use DME inst
In a significant boost to India’s defence capabilities, the first deliverable Firing Unit (FU) of Medium Range Surface to Air Missile (MRSAM) System was handed over to Indian Air Force (IAF). The MRSAM (IAF) is an advanced network centric combat Air Defence System developed join
India Rankings 2021 is instituted by National Institutional Ranking Framework. This is the sixth consecutive edition of India Rankings of HEIs in India.'' During its maiden year in 2016, rankings were announced for University category as well as for three domain-specific ra
Prime Minister Shri Narendra Modi will chair the 13th BRICS Summit on 9 September 2021 in virtual format. The theme for the Summit is ‘BRICS@15: Intra-BRICS cooperation for continuity, consolidation and consensus’. India had outlined four priority areas for its Chairshi
PM SVANidhi is a Central Sector Scheme. Ministry of Housing and Urban Affairs is implementing Pradhan Mantri Street Vendors’ Atma Nirbhar Nidhi Scheme (PM SVANidhi) since June 01, 2020 to facilitate working capital loan of upto?10,000 of 1 year tenure to Street Vendors, vending in urban a
Background The Post Devolution Revenue Deficit Grant is provided to the States under Article 275 of the Constitution. The grants are being released as per the recommendations of the Fifteenth Finance Commission in monthly installments to meet the gap in Revenue Accounts of the States p
Asian Development Bank (ADB) is a regional development bank established on 19 December 1966. The Headquarters of ADB is in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. India is a founding member of the Asian Development Bank (ADB). It aims to promote soc
Why in news? Taking steps forward towards the vision of an ‘Aatmanirbhar Bharat’, Government has approved the PLI Scheme for Textiles for MMF Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. 10,683 crore. PLI scheme for Textiles
North-Western, Central, and further to south-central region of India are the new hotspot of intense Heatwave events over the past half-century, said a study which found an increase in deadly Indian heat waves in recent years. The study also highlights the need for developing effective heat act
Why in news? The Cabinet Committee on Economic Affairs (CCEA) has approved implementation of a special livestock sector package. Click here to read about Livestock sector. About the Package It aims to boost growth in the livestock sector and thereby making animal husbandry more remu
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