Motor Vehicles Agreement (MVA): With Bhutan continuing to sit out the Motor Vehicles Agreement (MVA) of the sub-regional Bangladesh-Bhutan-India-Nepal (BBIN) grouping, a meeting of the other three countries was held to discuss the next steps in operationalising the agreement for the free flow of goods and people between them. The original BBIN MVA was signed […]
Category: Current Affairs
PARAM Ganga: A Supercomputer
PARAM Ganga: A Supercomputer The National Supercomputing Mission (NSM) has deployed “PARAM Ganga”, a supercomputer at IIT Roorkee, with a supercomputing capacity of 1.66 Petaflops. The system is designed and commissioned by C-DAC under Phase 2 of the build approach of the NSM. The National Supercomputing Mission (NSM) is being steered jointly by Ministry of […]
Temporary Protection Directive (TPD)
Temporary Protection Directive (TPD): Over 1.5 million people fled Ukraine in the first 10 days of fighting, according to the United Nations High Commissioner for Refugees, which has described the displacement as the “fastest growing refugee crisis since the Second World War”. Responding to the crisis, EU Member States on March 3 made the unprecedented […]
Start-Up Village Entrepreneurship Programme
Start-Up Village Entrepreneurship Programme: The National Institute of Entrepreneurship and Small Business Development (NIESBUD has signed a Memorandum of Understanding (MoU) with the Ministry of Rural Development (MoRD) to develop a sustainable model for promoting entrepreneurship at the grass roots by initiating the Start-up Village Entrepreneurship Programme (SVEP). Rural entrepreneurs will be able to access […]
e-Bill Processing System: Key Points
e-Bill Processing System: Key Points The Finance Minister launched the E-bill Processing system on the occasion of 46th Civil Accounts Day (1st March). It was announced in the Union Budget 2022 to use the technology for facilitating the financial inclusion drive in India. The “Civil Accounts Day” is observed every year to mark the anniversary […]
Distribution Of Argon-40 On Moon
Distribution Of Argon-40 On Moon: Chandra’s Atmospheric Composition Explorer-2 (CHACE-2), a payload onboard Chandrayaan-2, has made the first-of-its-kind discovery on the distribution of one of the noble gases, Argon-40. India launched Chandrayaan-2, its second lunar exploration mission after Chandrayaan-1, from Satish Dhawan Space Centre, Sriharikota in July 2019. The gas found in the lunar exosphere […]
Swatantrata Sainik Samman Yojana
Swatantrata Sainik Samman Yojana: The Centre has approved the continuation of the Swatantrata Sainik Samman Yojana (SSSY), under which freedom fighters and their eligible dependents are given pension and other financial benefits, till 2025-26. The Government of India introduced the ‘Ex-Andaman Political Prisoners Pension Scheme’ in 1969 to honor the freedom fighters who had been […]
Pal-Dadhvav Massacre
Pal-Dadhvav Massacre: On March 7, the Gujarat government marked 100 years of the Pal-Dadhvav killings, calling it a massacre “bigger than the Jallianwala Bagh”. Before this, the incident had been featured on the state’s Republic Day tableau. The Pal-Dadhvav massacre took place on March 7, 1922, in the Pal-Chitariya and Dadhvaav villages of Sabarkantha district, […]
The Code Of Ethics And Procedure, And Safeguards In Relation To The Digital Media
The Code Of Ethics And Procedure, And Safeguards In Relation To The Digital Media: The Information & Broadcasting (I&B) Ministry has approached the Directorate of Information and Public Relations (DIPR) of all the State and Union Territory governments to initiate an awareness drive for sensitising their officials to the code of ethics and procedure, and […]
Equalisation Levy
Equalisation Levy: Justifying the 2 per cent equalisation levy (EL) imposed by India on the supply of services by multinational enterprises, finance minister Nirmala Sitharaman has said it is a sovereign right to tax revenues earned from operations in the country. About the Equalisation Levy: India was the one of the first countries to introduce […]