National Bank for Financial Infrastructure and Development: Govt sets Rs 1-trillion infrastructure lending target for DFI

What is the News? Government has set a target of about Rs 1 trillion for the National Bank for Financial Infrastructure and Development(NaBFID) for sanctioning loans to the infrastructure sector in the next financial year. What is NaBFID? NaBFID has been set up as a Development Financial Institution(DFI) to support the development of long-term infrastructure… Continue reading National Bank for Financial Infrastructure and Development: Govt sets Rs 1-trillion infrastructure lending target for DFI

World Happiness Report: India among ‘unhappiest’ nations, languishes at 136th spot

What is the News? The World Happiness Report 2022 has been released. What is the World Happiness Report 2022? Published by: United Nations Sustainable Development Solutions Network(UNSDSN) powered by the Gallup World Poll data.  Purpose: The report uses global survey data to report how people evaluate their own lives in countries worldwide.  Factors: The report… Continue reading World Happiness Report: India among ‘unhappiest’ nations, languishes at 136th spot

Explained: What are Kamikaze drones, the ‘lethal’ weapon being sent by the US to Ukraine?

What is the News? US has announced USD 800 million in new military aid for Ukraine including 800 additional Stinger anti-aircraft missiles, 9,000 antitank weapons, 100 tactical drones including Kamikaze or suicide drones. What are Kamikaze Drones? Kamikaze Drones are also called Switchblade drones. These are small unmanned aircraft that are packed with explosives that… Continue reading Explained: What are Kamikaze drones, the ‘lethal’ weapon being sent by the US to Ukraine?

The Artemis programme, NASA’s new moon mission

Contents1 What is the News?2 What is Artemis Mission?3 Artemis I4 What after Artemis I Mission? What is the News? National Aeronautics and Space Administration(NASA) has rolled out its Artemis I moon mission to the launchpad for testing at the Kennedy Space Centre in Florida, United States. What is Artemis Mission? To be Launched by:… Continue reading The Artemis programme, NASA’s new moon mission

World Meteorological Day: WMO to ensure global early warning systems coverage in 5 years

Contents1 What is the News?2 What are Early Warning Systems?3 What is the need for Early Warning Systems?4 What has India done on the Early Warning Systems? What is the News? On World Meteorological Day, the World Meteorological Organization(WMO) has announced that it would present an Action Plan on Early Warning Systems at the 27th… Continue reading World Meteorological Day: WMO to ensure global early warning systems coverage in 5 years

Skill Development Ministry recognises INS Shivaji as the Centre of Excellence in Marine Engineering

What is the News? The Ministry of Skill Development and Entrepreneurship(MSDE) has recognised INS Shivaji as the Centre of Excellence(CoE) in the field of Marine Engineering(ME). What is INS Shivaji? I​​NS Shivaji is an Indian naval station located in Lonavala, Maharashtra. It is located close to the Bhushi Dam. It houses the Naval College of… Continue reading Skill Development Ministry recognises INS Shivaji as the Centre of Excellence in Marine Engineering

Telecommunications Secretary inaugurates All India Digital Nation-Wide Pension Adalat

Contents1 What is the News?2 What is All India Digital Nation-Wide Pension Adalat?3 What is SAMPANN?4 What is Jeevan Pramaan(Digital Life certificate)? What is the News? Secretary (Telecommunications) & Chairman, Digital Communications Commission (DCC) inaugurated the All India Digital Nation-Wide Pension Adalat. What is All India Digital Nation-Wide Pension Adalat? Organized by: Controller General of… Continue reading Telecommunications Secretary inaugurates All India Digital Nation-Wide Pension Adalat

Schemes launched by the Government in Textile sector for employment generation

Contents1 What is the News?2 About Textile Industry3 Some of the important schemes launched in the textile sector are3.1 Integrated Processing Development Scheme (IPDS) What is the News? The Minister for Textiles has informed Lok Sabha about the important schemes launched by the Government in the textile sector. About Textile Industry The Textile industry is… Continue reading Schemes launched by the Government in Textile sector for employment generation

First of its kind phase 3 clinical trial in Ayurveda for Rheumatoid Arthritis

What is the News? The Ministry of Ayush is conducting the world’s first multicenter phase III clinical trial examining the efficacy of Ayurveda in the treatment of Rheumatoid Arthritis.  What is Rheumatoid Arthritis(RA)? Rheumatoid arthritis is an autoimmune disorder that causes chronic inflammation of the joints and other parts of the body. Caused by: Our… Continue reading First of its kind phase 3 clinical trial in Ayurveda for Rheumatoid Arthritis

India achieves $400 billion merchandise exports well before target date: Commerce Minister

What is the News? India’s Annual Merchandise(Goods) Exports have crossed the $400-billion mark for the first time ever. This is 37% higher than the previous financial year, when India exported goods worth $291 billion. During the same time period, imports grew 51% on year to $589 billion, resulting in a trade deficit of $189 billion.… Continue reading India achieves $400 billion merchandise exports well before target date: Commerce Minister

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