Tirur Vettila obtains GI tag

Geographical Indication Registry of India has accorded Geographical Indication(GI) tag to Tirur Vettila. Tirur Vettila is a betel leaf.It is produced in Tirur and nearby areas of Malappuram district,Kerala. Tirur Vettila is unique for its significantly high content of total chlorophyll and protein in fresh leaves.The leaf also has several medicinal properties. Eugenol is the… Continue reading Tirur Vettila obtains GI tag

Nepal bans single use plastics on Everest region

Nepal authorities have announced a ban on single-use plastics in Mount Everest region.The new rule will come into effect from January 1, 2020. This decision is aimed at reducing the vast amounts of waste left by trekkers and mountaineers. Single-use plastics,often referred to as disposable plastics are commonly used for plastic packaging.It includes items intended… Continue reading Nepal bans single use plastics on Everest region

What an inverted yield curve means

Recently,United States and UK yield curves had inverted for the first time since 2007 and 2008 respectively.This has led to the fear of global recession in the coming future. The yield curve is a graph showing the relationship between interest rates earned on lending money for different durations. A normal yield curve is one in… Continue reading What an inverted yield curve means

Govt to make FASTag mandatory for all vehicles from Dec 2019

Government has has announced that FASTags will become mandatory for all vehicles from December,2019. This decision has been taken in order to promote faster payment of fees through the digital mode so that vehicles can move through seamlessly, and traffic jams at the toll plazas can be prevented. However, among all lanes,one ‘hybrid lane’ will… Continue reading Govt to make FASTag mandatory for all vehicles from Dec 2019

Delhi: 90% batteries ending up in informal sector

According to a report titled ‘Loaded batteries:Mapping the toxic waste trail”,more than 90% of the lead-acid batteries disposed off are ending up with the informal sector.  This means they are not only being unscientifically disposed and dismantled but are also polluting the environment in a major way.  The reasons for shops giving away lead-acid batteries… Continue reading Delhi: 90% batteries ending up in informal sector

Soon, QR codes for Haryana buildings

The Haryana government will implement an ambitious project of installing an 18-digit Quick Response(QR) code carrying metal plates outside all built-up structures across the state. The metal plates will be affixed to the buildings.It will contain a Unique Property Identification and QR code(Digital Door Number). This move is aimed at enhancing the property-based tax revenues.It… Continue reading Soon, QR codes for Haryana buildings

Policy for M-sand to be put in place soon

The Tamil Nadu government will put in place an M-sand policy.The policy aims to promote the use of M-sand as an alternative building material. The policy will also help to eliminate the pervasion of sub-standard products in the market through the regulation of trade. M sand stands for Manufactured sand.It is a substitute of river… Continue reading Policy for M-sand to be put in place soon

Mobile Metallic Rampto

Defence Research and Development Organisation(DRDO) has handed over the design of Mobile Metallic Ramp(MMR) to the Indian Army. MMR has been designed and developed by DRDO’s premier research laboratory called Centre for Fire, Explosive and Environment Safety (CFEES). MMR has a load bearing capacity of 70 metric ton(MT).It has been designed and developed on requirements… Continue reading Mobile Metallic Rampto

Govt to set up a committee to study corporatisation of Ordnance Factory Board

The government has decided to set up a high-level committee to recommend restructuring of the Ordnance Factory Board(OFB). The committee will recommend changes required at making the (a)OFB accountable and efficient (b)increase their production capacity and (c)ensure timely supply of products. This committee was formed as OFB with 41 factories functions under the Department of… Continue reading Govt to set up a committee to study corporatisation of Ordnance Factory Board

Pakistan submits compliance report to FATF

Pakistan has submitted compliance report on its 27-point action plan to the Financial Action Task Force(FATF). This action plan comes in the backdrop of Pakistan being grey listed by FATF.The greylisting meant downgrading of the country by institutions like IMF, World Bank and also reduction in risk rating by Moody’s and Fitch. Further,the Asia-Pacific Group(APG)… Continue reading Pakistan submits compliance report to FATF

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