CrackitToday App

Vishwa Sutra Initiative

Vishwa Sutra Initiative: The Ministry of Textiles has launched an initiative called ‘Vishwa Sutra – Weaves of India for the World’. It has been developed by the Office of the Development Commissioner (Handlooms) in collaboration with the National Institute of Fashion Technology. It aims to present Indian handlooms in a contemporary global design framework. Under […]

Market Intervention Scheme

Market Intervention Scheme: The Union Agriculture Ministry announced the procurement of 20 lakh metric tonnes (LMT) of potatoes under the Market Intervention Scheme (MIS). It is a component of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA). It is implemented on the request of the State/UT Government for the procurement of various perishable agricultural commodities […]

Bharat Maritime Insurance Pool

Bharat Maritime Insurance Pool: The Union Cabinet has approved the creation of the ‘Bharat Maritime Insurance Pool (BMI Pool)’, a domestic insurance pool with a sovereign guarantee of Rs 12,980 crore to ensure continuous and affordable maritime insurance coverage amid global uncertainties. Objective is to reduce dependence on foreign insurers such as the International Group […]