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Mutual Credit Guarantee Scheme

Mutual Credit Guarantee Scheme: The central government approved the Mutual Credit Guarantee Scheme for micro, small and medium enterprises (MCGS-MSMEs), guaranteeing loans up to ₹100 crore. It will provide 60 percent guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for financing the eligible MSMEs, needed to purchase […]

F11 Bacteria : Study

F11 Bacteria : Study A recent study shows that the bacterial strain Labrys portucalensis F11 (F11) can breakdown the strong carbon-fluorine bonds in polyfluoroalkyl substances (PFAS) or forever chemicals. F11 bacteria (Labrys portucalensis) are a strain of aerobic bacterium from the Xanthobacteraceae family. They have adapted to survive in harsh, polluted environments by using contaminants […]

MSME Trade Enablement and Marketing (TEAM) Initiative

MSME Trade Enablement and Marketing (TEAM) Initiative: The Ministry of Micro, Small, and Medium Enterprises, in partnership with the Open Network for Digital Commerce (ONDC), has announced the launch of an initiative to enable small and micro enterprises to join ONDC. It has been launched under the “Raising and Accelerating MSME Productivity (RAMP)” Programme. It […]

Lateral Entry Scheme

Lateral Entry Scheme: The Lateral Entry Scheme (LES), enabling private sector professionals to join senior bureaucracy on contract, faces legal and political dispute.Since 2019, 63 appointments have been made, but concerns over the lack of a statutory framework and reservations for marginalized communities persist.It challenged for conflicting with Article 309 of the Constitution which grants […]

ISRO’s 100th Launch from SDSC

ISRO’s 100th Launch from SDSC: The Indian Space Research Organisation (ISRO) achieved its historic 100th launch from the Satish Dhawan Space Centre (SDSC) in Sriharikota, using the GSLV-F15 to deploy the NVS-02 satellite.NVS-02 is the 2nd satellite in the series of 2nd generation satellites of the Navigation with Indian Constellation (NavIC).The NavIC system is made […]

Elon Musk’s X (formerly Twitter) is set to launch “X Money

Elon Musk’s X (formerly Twitter) is set to launch “X Money: Elon Musk’s X (formerly Twitter) is set to launch “X Money,” a Visa-powered digital wallet, marking a step toward transforming the platform into an “everything app.” This wallet will allow real-time funding, peer-to-peer payments, and bank transfers.This digital wallet will be powered by Visa […]