Windfall Tax: The government recently cut the windfall tax on domestically-produced crude oil to Rs 8,000 per tonne from Rs 10,500, and halved the levy on export of diesel to Rs 5 per litre. The taxes were introduced on July 1, as the Centre felt that elevated crude prices were allowing oil companies to make […]
Tag: 4th Oct 2022
YUVA 2.0
YUVA 2.0: Prime Minister’s Scheme for Mentoring Young Authors – YUVA 2.0 was launched recently. It is a Prime Minister’s scheme for mentoring young authors, and a programme to train young and budding authors below the age of 30 to promote reading, writing, and book culture in the country, and project India and Indian writings […]
Tri-Services Missile/Rocket Command
Tri-Services Missile/Rocket Command: The central government is considering setting up of a tri-services missile/rocket command on the lines of the space and the cyber command as the first steps towards military theatre commands. The proposed missile command will be responsible for deployment of missile and rocket regiments against any hostile adversary and will be manned […]
Light Combat Helicopter
Light Combat Helicopter: The Indian Air Force (IAF) is set to induct its first batch of indigenously-developed Light Combat Helicopter (LCH) in a major boost to its combat prowess. The indigenous Light Combat Helicopter (LCH) is set to be formally inducted into the Indian Air Force (IAF) at the Jodhpur air base. It is the […]
Midday Meal Scheme (PM Poshan Scheme)
Midday Meal Scheme (PM Poshan Scheme): The Ministry of Finance has approved a hike of 9.6 % cooking cost per child under the Mid-Day Meal Scheme. Since the last hike in early 2020, the cooking cost per child has been Rs 4.97 per child per day in primary classes (class I-V), and Rs 7.45 (class […]
National Disaster Management Authority (NDMA)
National Disaster Management Authority (NDMA): The National Disaster Management Authority (NDMA) celebrated its 18th Formation Day on 28th September, 2022. Theme 2022: Volunteerism in Disaster Management. The National Disaster Management Authority (NDMA) is India’s apex statutory body for disaster management. The NDMA was formally constituted on 27th September 2006, by the Disaster Management Act, 2005. […]
Arctic Ice
Arctic Ice: A team of researchers has flagged the changing chemistry of the western region of the Arctic Ocean after discovering acidity levels increasing three to four times faster than ocean waters elsewhere. The team also identified a strong correlation between the accelerated rate of melting ice and the rate of ocean acidification. Seawater is […]
Vande Bharat Express 2.0
Vande Bharat Express 2.0: The Prime Minister flagged off Gandhinagar- Mumbai Vande Bharat Express 2.0 at Gujarat’s Gandhinagar station. Earlier, two Vande Bharat Expresses were operational —one between New Delhi and Varanasi and the other from New Delhi to Katra. Vande Bharat Trains is an indigenously designed and manufactured semi high speed, self-propelled train that […]
