Hub And Spoke Model: Under ‘Hub and Spoke Model’ meant for development of wheat Silos across the country, the Department of Food & Public Distribution has proposed to develop a capacity of 111.125 LMT of Silos at 249 locations across the country. With a view to modernize storage of food grains and to ramp-up the […]
Category: Current Affairs
Coffee (Promotion and Development Bill), 2022
Coffee (Promotion and Development Bill), 2022: The Ministry of Commerce and Industry is planning to replace the 80-year-old Coffee Act with the new Coffee (Promotion and Development Bill), 2022, which has been listed for the Monsoon Session of Parliament. The Coffee Act, 1942 was first introduced during World War II, in order to protect the […]
RBI’s Digital Payments Index (RBI-DPI)
RBI’s Digital Payments Index (RBI-DPI): Recent data (March 2021-22) from the Index demonstrated significant growth, indicating rapid adoption and deepening of digital payments across the country. About RBI-DPI: Launched in January 2021, it captures the extent of digitisation of payments across the country (with 2018 as a base year- score set as 100) and is […]
Agriculture Census
Agriculture Census: The Ministry of Agriculture & Farmers’ Welfare launched “The Eleventh Agricultural Census (2021-22).” This computation will bring huge benefits in a vast and agricultural country like India. Agriculture Census is conducted every 5 years, which is being undertaken now after delay due to the Covid – 19 Pandemic. Entire Census operation is conducted […]
Targets Released To Curb Malnutrition
Targets Released To Curb Malnutrition: The Ministry of Women and Child Development has released targets to Curb Malnutrition in India. Aims at reducing stunting and under-nutrition (underweight prevalence) among children below 6 years by 2% each year. Aims to Reduce, low birth weight by 2% per annum, Anaemia among children between six and 59 months, […]
Deep Sea Mining
Deep Sea Mining: The Minister of State of Science & Technology presented a national science award to Indian scientists who conducted the world’s first locomotive trials of a deep-sea mining system in the central Indian ocean. The Minister presented the award at the 16th Foundation Day of the Ministry of Earth Sciences. Also, inaugurated a […]
Foreign Direct Investment
Foreign Direct Investment: Singapore and USA have emerged as top 2 sourcing nations in Foreign Direct Investment (FDI) equity flows into India in FY 2021-22 followed by Mauritius, Netherland and Switzerland. UNCTAD World Investment Report (WIR) 2022 has ranked India at 7th rank among the top 20 host economies for 2021, in terms of FDI. […]
Indian Startup Ecosystem
Indian Startup Ecosystem: Various reforms and initiatives by the Government have led to booming of the Indian Startup ecosystem. The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand. […]
Trade Infrastructure For Export Scheme (TIES Scheme)
Trade Infrastructure For Export Scheme (TIES Scheme): The central government has released Rs 206 crore to states for the promotion of exports under the Trade Infrastructure for Export Scheme (TIES) initiative. Under the TIES, financial assistance for 27 export infrastructure projects have been approved during FY 2019-20 to 2022-23. Union Ministry of Commerce and Industry […]
Project For Saturation Of 4G Mobile Services In Uncovered Villages
Project For Saturation Of 4G Mobile Services In Uncovered Villages: The Union Cabinet approved a project for saturation of 4G mobile services in uncovered villages across the country at a total cost of Rs. 26,316 Cr. The project will provide 4G mobile services in 24,680 uncovered villages in remote and difficult areas. The project has […]
