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Lab-Grown Diamonds : Customs Duty Reduced (Union Budget 2023)

Lab-Grown Diamonds : Customs Duty Reduced (Union Budget 2023) In a recent Budget speech Union finance Minister announced that the Customs duty on the seeds used in lab-grown diamond manufacturing will be reduced. Lab-grown diamonds are diamonds that are produced using specific technology which mimics the geological processes that grow natural diamonds. The diamond simulants […]

Agriculture And Farmers Welfare Initiatives : Union Budget 2023

Agriculture And Farmers Welfare Initiatives: Union Budget 2023 During the Budget speech Union finance Minister announced multiple schemes towards Agriculture and Farmers’ Welfare. Key initiatives announced are: PM PRANAM (Prime Minister Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth) This programme will seek to incentivise states and union territories to promote alternative fertilisers […]

Upper Bhadra Project : Union Budget 2023

Upper Bhadra Project: Union Budget 2023 Finance Minister recently announced a grant of ₹5300 crore for the Upper Bhadra Irrigation Project. It is a major lift irrigation Scheme under implementation in the central region of Karnataka State. Objectives: To provide sustainable irrigation facility in khariff season. It also proposes to recharge ground water tables and […]

Ekalavya Model Residential Schools : Teachers To Be Hired

Ekalavya Model Residential Schools: Teachers To Be Hired Finance Minister recently said that as many as 38,800 teachers will be hired for Ekalavya Model Residential Schools. Ekalavya Model Residential Schools (EMRS) started in the year 1997-98 to impart quality education to ST children in remote areas to enable them to access the best opportunities in […]

Union Budget 2023-24 : Highlights

Union Budget 2023-24: Highlights The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament.  Budget Estimates 2023-24: The total receipts other than borrowings are estimated at Rs 27.2 lakh crore and the total expenditure is estimated at Rs 45 lakh crore. The net tax receipts are estimated […]

iCET Initiative

iCET Initiative: India’s National Security Advisor hold talks with the US counterpart on the first dialogue on Initiative for Critical and Emerging Technologies (iCET) in the US. Completing the work on the long-awaited NASA-ISRO Synthetic Aperture Radar (NISAR) earth observation satellite is an excellent example of how the US-India partnership in space can benefit the […]