Production Linked Incentive (PLI) Scheme For Telecom And Networking Products: Department of Telecommunications (DoT), Ministry of Communications launched Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. PLI Scheme in telecom sector will help in reducing India’s dependence on other countries for import of telecom and networking products. The PLI Scheme is being launched […]
Category: Current Affairs
Mega Consortium On One Health
Mega Consortium On One Health: The Department of Biotechnology (DBT), Ministry of Science and Technology, GoI, supported a mega consortium on ‘One Health’ and launched the First ‘One Health’ project of DBT. This programme envisages carrying out surveillance of important bacterial, viral and parasitic infections of zoonotic as well as transboundary pathogens in India, including […]
Guidelines For Central Bank Digital Currencies
Guidelines For Central Bank Digital Currencies: G7 finance leaders have laid out guidelines for central bank digital currencies. Any digital currency issued by a central bank must “support and do no harm” to the bank’s ability to fulfil its mandate on monetary and financial stability, and must also meet rigorous standards. Currencies must be issued […]
World Bank Doing Business Report 2021
World Bank Doing Business Report: The World Bank, in mid-September, announced that it was set to discontinue publishing its Doing Business report. This announcement came on the back of an independent investigation that, reportedly, found “data irregularities” that prevailed in the 2018 and 2020 reports. In August 2020, World Bank paused the publication of Doing […]
Phosphatic and Potassic Fertilizers
Fertilizers: The Cabinet Committee on Economic Affairs (CCEA) has approved that the increased prices of Phosphatic and Potassic (P&K) fertilizers The increased international prices of Diammonium phosphate (DAP) have been absorbed by the Union Government. The Union Government has decided to increase the subsidy by Rs. 438 per bag of DAP as a special onetime […]
Border Security Force (BSF)
Border Security Force (BSF): Such operational powers to the BSF, a Central Armed Police Force under the Union, will also be applicable to the newly created Union Territories of Jammu and Kashmir and Ladakh, according to a notification published in the Gazette of India on October 11. Earlier, the BSF’s limit was fixed up to […]
Asset Ownership
Asset Ownership: An analysis of asset ownership data at the household level collected by Lokniti-CSDS during its National Election Study in 2019 was recently released. Gauging who can afford the five assets of a car, an air-conditioner at home, a desktop or laptop computer, a refrigerator, and a television set, has been seen as an […]
India’s Thermal Power Plants
India’s Thermal Power Plants: The Prime Minister’s Office reviewed the coal stock situation in India’s thermal power plants. India’s thermal power plants currently have an average of four days worth of coal stock against a recommended level of 15-30 days, with a number of states highlighting concerns about blackouts as a result of the coal […]
Unity Small Finance Bank
Unity Small Finance Bank: The Reserve Bank of India issued a small finance bank (SFB) licence to a consortium of fintech company BharatPe and Centrum Financial Services Ltd. The new business entity “Unity Small Finance Bank” will see Centrum’s MSME and micro finance businesses merged into itself. In a statement, Centrum Group’s Executive Chairman Jaspal […]
Climate Resilience Information System And Planning (CRISP-M) Tool
Climate Resilience Information System And Planning (CRISP-M) Tool: Union Minister of Rural Development & Panchayati Raj jointly launched Climate Resilience Information System and Planning (CRISP-M) tool for integration of climate information in Geographic Information System (GIS) based watershed planning under Mahatma Gandhi NREGA The CRISP-M tool will help embed climate information in the GIS based […]