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E-Office Central Board of Indirect Taxes and Customs (CBIC) launched the e-Office application in over 500 CGST and Customs offices across India here today. Over 50,000 officers and staff will use this application making CBIC one of the largest Government departments to automate its internal office procedures. The launch of e-Office marks a fundamental change in internal office procedures which is so far based on manual handling of files and paper movement. The CBIC expects e-Office
Indian Gas Exchange (IGX) Context Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan launched the Indian Gas Exchange (IGX), the first nationwide online delivery-based gas trading platform, in an e-ceremony today. About Indian Gas Exchange (IGX) IGX will be a delivery-based trading platform for the delivery of natural Gas. Incorporated as a wholly owned subsidiary of IEX - India’s energy market platform, IGX will enable m
Malathion insecticide HIL (India) Limited, a PSU under the Ministry of Chemicals and Fertilizers and one of the leading manufacturers of insecticides in the country has supplied 25MT Malathion 95% ULV to Iran under the Government-to-Government initiative for Locust Control Programme. As per the reports of the Food and Agriculture Organisation (FAO), the hopper stage population of locust is building up in Sistan-Baluchistan Region of Iran, which shall migrate to India in the coming m
MLCR The Marginal Cost of Funds-based Lending Rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend. The MCLR was introduced in April 2016, replacing the existing base rate system. Reserve Bank of India will link the base rate with the Marginal Cost of Funds based on Lending Rates (MCLR). RBI decided to shift from base rate to MCLR because the rates based on marginal cost of funds are more sensitive to changes in the policy rates.
Railway development Authority Rail Development Authority will help the Indian Railways take decisions on pricing of services, consumer interests, generating revenue and competition. The government has approved the formation of a Rail Development Authority (RDA) comprising a Chairman and three Members. The objective underlying RDA is to get expert advice/make an informed decision on Pricing of services commensurate with costs. Suggest measures for enhancement of Non-Fare Revenue.
Minamata Convention on mercury The Union Cabinet approved the proposal for ratification of the Minamata Convention on Mercury in 2018. The Convention protects the most vulnerable from the harmful effects of mercury and also protects the developmental space of developing countries. The objective of the convention’s implementation is to protect human health and the environment from anthropogenic emissions and releases of mercury and mercury compounds. The Convention is named after the Jap
Falcon Heavy Falcon Heavy is a reusable super heavy-lift launch vehicle designed and manufactured by SpaceX, a private American aerospace manufacturer. Its first test flight carrying a red sports car was successfully launched from a Florida pad used by NASA. It is the most powerful operational rocket in the world. It can lift about twice the payload at one-third of the cost of the Delta 4 rocket which was the most powerful rocket till now. This lifting ca
Galapagos The rising tourist arrival to Galapagos Island puts pressure on the fragile volcanic archipelago. The Galapagos Islands, part of the Republic of Ecuador, are distributed on either side of the Equator in the Pacific Ocean surrounding the centre of the Western Hemisphere. The island-inspired Charles Darwin’s Theory of evolution and was his field of study. The Islands and their surrounding waters form the Galapagos Province of Ecuador, the Galapagos
Prime Minister’s Research fellow scheme ‘Prime Minister’s Research Fellows (PMRF)’ scheme aims to improve the quality of research by attracting the best talents across the country. Under this scheme, the best students who have completed or are in the final year of B.Tech or integrated M.Tech or M.Sc in science and technology streams in the IISc/IITs/NITs/IISERs/IIITs will be offered direct admission in the PhD programme in the IITs/IISc. The fellowship scheme
Pradhan Mantri Innovative Learning Programme- DHRUV Recently, the Union Human Resource Development Minister launched the Pradhan Mantri Innovative Learning Programme named ‘DHRUV’. The objective of the Pradhan Mantri Innovative Learning Programme is to encourage talented students to realize their full potential and henceforth, contribute to society. The programme is named DHRUV after the Pole Star with the same name. Every student selected under th
Goliath grouper It is an extremely rare fish species, recently discovered by a team of experienced divers and diving instructors near Vizag. It is recognised as a critically endangered species by the IUCN (International Union for Conservation of Nature). It is considered to be the keystone species of an ecosystem and is entirely protected from harvest in the U.S. It is usually found in tropical and subtropical waters of the Atlantic Ocean. It is regionally abundant near Vish
International Yoga day is to be celebrated through a digital platform this time In view of the COVID-19 pandemic, this year's International Yoga Day on the 21st of June will be celebrated on digital media platforms and there would be no mass gatherings. This year's theme is 'Yoga at Home and Yoga with Family'. Ministry of Ayush has also appealed to the people to join the world for the Yoga performance on the occasion of the 6th International Day of Yoga on 21st J
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