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MH-60 ‘Romeo’ Multi-Mission Helicopter

MH-60 ‘Romeo’ Multi-Mission Helicopter:   The Indian Navy recently achieved a unique feat after an MH-60 ‘Romeo’ multi-mission helicopter landed on the indigenously-built aircraft carrier INS Vikrant. MH-60 Romeo Helicopter is the world’s most advanced maritime helicopter and is the most capable naval helicopter available today designed to operate from frigates, destroyers, cruisers and aircraft […]

Inter-Ministerial Committee (IMC) For World’s Largest Grain Storage Plan

Inter-Ministerial Committee (IMC) For World’s Largest Grain Storage Plan: The Union Cabinet approved forming and empowering an Inter-Ministerial Committee (IMC) to create the world’s largest grain storage plan in the cooperative sector. In order to ensure time-bound and uniform implementation of the Plan in a professional manner, the Ministry of Cooperation will implement a pilot […]

Electronics Repair Services Outsourcing (ERSO) Initiative

Electronics Repair Services Outsourcing (ERSO) Initiative: The Union Ministry of Electronics & IT launched the ERSO Pilot initiative to validate certain transformational policy and process changes to make India the Repair Capital of the World. Electronics Repair Services Outsourcing (ERSO) initiative aims to promote India as a hub for repairing electronic goods and to assess […]

CITIIS 2.0 Program

CITIIS 2.0 Program: The Union Cabinet chaired by the Indian Prime Minister has approved the City Investments to Innovate, Integrate and Sustain 2.0 (CITIIS 2.0) programme. CITIIS 2.0 is a program conceived by the Ministry of Housing and Urban Affairs (MoHUA) in partnership with the French Development Agency (AFD), Kreditanstalt für Wiederaufbau (KfW), the European […]

Lightweight Payment And Settlement System : RBI

Lightweight Payment And Settlement System : RBI The Reserve Bank of India (RBI) recently announced plans to introduce a ‘Lightweight’ Payment and Settlement System (LPSS) for emergencies which was proposed in RBI’s annual report for 2022-23. The lightweight system aims to provide resilience and continuity of payment and settlement systems while ensuring efficiency during emergencies. […]