World Craft City: Srinagar has earned the World Craft City (WCC) tag from the World Crafts Council (WCC). World Craft City is a groundbreaking initiative launched in 2014 by the World Crafts Council AISBL (WCC-International) in recognition of the pivotal role local authorities, craftspeople, and communities play in cultural, economic, and social development worldwide. It […]
Tag: 26th Jun 2024
Vadhavan Port
Vadhavan Port: The Union Cabinet recently approved the Rs 76,220 crore to Vadhavan Port project in Maharashtra after months of deliberations. Vadhavan Port is an approved greenfield deep-sea port in Vadhavan, Palghar District, Maharashtra. The port will be developed as an all-weather deep draft major port, which will include the development of core infrastructure, terminals, […]
Priority Sector Lending
Priority Sector Lending: The RBI recently revised its priority sector guidelines to encourage banks to provide small loans in economically disadvantaged districts with low average loan sizes. Priority Sector Lending (PSL) is a lending requirement administered by the RBI, requiring banks to give a minimum proportion of their loans to sectors of development importance or […]
Javelin Anti-Tank Missile
Javelin Anti-Tank Missile: India and the US recently held discussions on the co-production of American javelin missiles in India to meet the requirements of the Indian military. Javelin Anti-Tank Missile is a man-portable antitank guided missile (ATGM) system. It is developed and produced jointly by American defence majors Raytheon and Lockheed Martin. It was designed […]
