India’s innovation potential and initiatives

What is the realistic potential of India’s Innovation ecosystem? The Indian innovation system is very multifaceted in terms of user segments and income gaps. However, central government is trying to boost innovation in the country through several schemes. Innovation in India is being planned around the triangle of collaboration, facilitation and responsible regulation. It is… Continue reading India’s innovation potential and initiatives

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Offset Policy in Defence

Offset Policy in Defence As of 2019, the Defence Ministry had signed 52 offset contracts worth $12 billion via Indian offset partners, or domestic firms. Findings of CAG report? Between 2007 and 2018, the government reportedly signed 46 offset contracts, However, the realised investments were merely 8%. Also, technology transfer agreements in the offset clause… Continue reading Offset Policy in Defence

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What is SVAMITVA Scheme

What is SVAMITVA scheme? SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme is a collaborative effort of the Ministry of Panchayati Raj, State Panchayati Raj Departments, State Revenue Departments and Survey of India. Aim – To provide an integrated property validation solution for rural India for setting the boundaries of the rural lands and also provides… Continue reading What is SVAMITVA Scheme

Grand ICT Challenge under Jal JeevanMission receives impressive response

News: Grand ICT Challenge under Jal Jeevan Mission has received impressive response from the participants.   Facts: Grand ICT Challenge: It was launched by National Jal Jeevan Mission in partnership with the Ministry of Electronics & Information Technology (MeitY). Aim: To harness vibrant ‘Internet of Things’ ecosystems for creating smart rural water supply systems to… Continue reading Grand ICT Challenge under Jal JeevanMission receives impressive response

India’s first multi-modal logistics park to come up in Assam

News: Union Minister has laid the foundation stone for Jogighopa Multimodal Logistics Park in Assam.   Facts: Jogighopa Multimodal Logistics Park: It is India’s first multi-modal logistics park that will provide direct connectivity to air, road, rail and waterways to the people. Developed under: It will be developed under the Bharatmala Pariyojana of the Government… Continue reading India’s first multi-modal logistics park to come up in Assam

NITI Aayog & AWS Launch Frontier Technologies Cloud Innovation Center in India

News: NITI Aayog has announced the establishment of a Frontier Technologies Cloud Innovation Center(CIC) with Amazon Web Services(AWS)—the first of its kind in India.   Facts: Frontier Technologies Cloud Innovation Center(CIC): It is a public-private partnership that focuses on addressing societal challenges through digital innovation by using emerging technologies such as artificial intelligence(AI), Internet of… Continue reading NITI Aayog & AWS Launch Frontier Technologies Cloud Innovation Center in India

Indian Tourist Statistics 2020

News: The Ministry of Tourism has released the Indian Tourist Statistics,2020.   Facts:   Key Takeaways: Domestic Tourists: Uttar Pradesh has attracted the highest number of domestic tourists in year 2019. Foreign Tourists: Tamil Nadu has topped the highest number of foreign tourists in year 2019. Top 5 Source Countries for Foreign Tourist Arrivals (FTAs)… Continue reading Indian Tourist Statistics 2020

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