Financial Powers For Senior Officers : New Policy

Financial Powers For Senior Officers: The Cabinet has approved enhanced delegation of financial powers for capital procurement to senior officers below the rank of Vice-Chief of armed forces. The delegation of power will help in the modernization of Armed forces. Defence Procurement Procedure 2020: It was unveiled in September 2020. The new policy superseded the […]

Certified Jute Seed Distribution Plan : Key Points

Certified Jute Seed Distribution Plan: The Ministry of Textiles has launched a Certified Jute Seed Distribution Plan under Jute ICARE Program. Jute Corporation of India (JCI) had in 2019, signed an MoU (Memorandum of Understanding) with National Seeds Corporation for commercial distribution of 1,000 Metric Tonne certified jute seeds for the year 2021-22. Certified Jute […]

UNSC Resolution 2532 : India To Gift 2 Lakh Vaccine Doses To UN Peacekeepers.

UN Peacekeepers: India to gift 2 lakh vaccine doses to UN peacekeepers. The announcement was made by External Affairs Minister S. Jaishankar during his remarks at a UN Security Council open debate on the implementation of resolution 2532 (2020), passed last year. UNSC Resolution 2532: The resolution: Demands a general and immediate cessation of hostilities […]

Pakistan To Remain In FATF Grey List : Recent Developement

Pakistan To Remain In FATF Grey List: The FATF’s Plenary and Working Group meetings, scheduled to be held from February 21 to 26 in Paris, is all set to decide on Pakistan’s grey list status. However, Pakistan is unlikely to exit the Financial Action Task Force’s (FATF) ‘grey’ list until June. Pakistan was placed on […]

Production-Linked Incentive Scheme For The Telecom Sector

Production-Linked Incentive Scheme For The Telecom Sector: The Union Cabinet has approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crore over five years. The implementation scheme will start on April 1, 2021. The scheme is expected to encourage the production of equipment worth Rs 2.44 lakh crore and create […]

NASA Perseverance Mars Rover : Key Points

NASA Perseverance: After a seven months’ journey from Earth, the NASA Perseverance is in its final stretch towards destination Mars. About the Perseverance rover: Launched in July of 2020. It is expected to touch down on Mars at the Jezero Crater. The primary task of Perseverance is to seek signs of ancient life and collect […]

Comprehensive Economic Cooperation And Partnership Agreement (CECPA) : India And Mauritius.

Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius: The Union Cabinet has approved the signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius. The salient features of India-Mauritius CECPA are as follows: The India-Mauritius CECPA will be the first trade agreement to be signed by India with […]

National Hydrogen Mission of India : Proposals

National Hydrogen Mission: India has announced a National Hydrogen Mission. The proposal in the Budget will be followed up with a mission draft over the next couple of months. And while proposed end-use sectors include steel and chemicals, the major industry that hydrogen has the potential of transforming is transportation — which contributes a third […]

Quad Dialogue : 3rd Ministerial Meeting Over Inclusive Indo-Pacific

3rd Ministerial Meeting Over Inclusive Indo-Pacific: The Quadrilateral Security Dialogue (Quad) will hold its 3rd ministerial meeting on February 18, 2021. Highlights: The meeting will be held to exchange their views on global and regional issues. It will focus on the practical areas of cooperation in order to maintain an open, free, and inclusive Indo-Pacific […]

World Solar Bank to be launched by ISA

World Solar Bank: The International Solar Alliance (ISA) has planned to launch the World Solar Bank (WSB) at the United Nations Climate Change Conference in Glasgow that is scheduled for November 2021. Highlights The development of the World Solar Bank will support India’s attempt to secure its leadership in the climate arena. The development of […]