Cabinet approves Amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 for specifying rate of royalty in respect of certain minerals

What is the News? The Union Cabinet has approved the proposal of the Ministry of Mines for amendment of the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957. What is the purpose of the amendment? The amendment specifies the rate of royalty in respect of certain minerals like Glauconite, Potash, Emerald,… Continue reading Cabinet approves Amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 for specifying rate of royalty in respect of certain minerals

Explained: What was the Pal-Dadhvav massacre, whose centenary the Gujarat govt is observing?

What is the News? On March 7, the Gujarat government marked 100 years of the Pal-Dadhvav killings, calling it a massacre “bigger than the Jallianwala Bagh”. What is Pal – Dadhvav massacre? Pal – Dadhvav massacre took place on March 7,1922 in Pal-Chitariya and Dadhvaav villages of Sabarkantha district, then part of Idar state (present-day… Continue reading Explained: What was the Pal-Dadhvav massacre, whose centenary the Gujarat govt is observing?

Scientists develop energy-efficient hydrogen production by urea electrolysis

What is the News? Indian Scientists have designed an electrocatalyst system for energy-efficient hydrogen production with the help of the electrolysis of urea. Hydrogen Production by Urea electrolysis The energy requirement for the production of hydrogen through water electrolysis can be reduced by 70% through urea electrolysis.  This can be done by replacing the energy-intensive… Continue reading Scientists develop energy-efficient hydrogen production by urea electrolysis

Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission

What is the News? The Ministry of Tourism has released a draft report on the proposed National Digital Tourism Mission. About India’s Tourism Sector Contribution to GDP: Direct and indirect contribution of tourism to GDP is approximately 5% in 2018-19. International Tourist Arrivals (ITAs): With 17.9 million ITAs in 2019, India is at 23rd position… Continue reading Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission

More than 75% of Amazon rainforest near tipping point, may transform into dry savanna: Study

What is the News? According to a study, more than 75% of the Amazon rainforest has been heading towards a tipping point since the early 2000s. What is the Amazon Rainforest? It is a moist broadleaf tropical rainforest in the Amazon biome that covers most of the Amazon basin of South America. The majority of… Continue reading More than 75% of Amazon rainforest near tipping point, may transform into dry savanna: Study

Chandrayaan-2 makes first observations of distribution of Argon-40 in Moon’s atmosphere

What is the News? Chandra’s Atmospheric Composition Explorer-2(CHACE-2), a payload onboard Chandrayaan-2, has made the first-of-its-kind discovery on the distribution of one of the noble gasses, Argon-40. What is Chandrayaan-2? Chandrayaan-2 is the second lunar exploration mission launched by ISRO in 2019. Objective: To demonstrate ISRO’s capability to make a soft landing on the moon.… Continue reading Chandrayaan-2 makes first observations of distribution of Argon-40 in Moon’s atmosphere

Explained: The implication of domestic investors being allowed to trade in top US stocks

What is the News? Investors in India have been allowed to trade in select US stocks through the NSE International Exchange (NSE IFSC). Note: Currently, Indian investors buy US stocks through designated online brokers who have permission from Indian and US regulators to offer such services. What does this mean? Domestic investors can purchase US… Continue reading Explained: The implication of domestic investors being allowed to trade in top US stocks

Sahitya Akademi of Ministry of culture to organise Literature festival ‘Sahityotsav’

What is the News? Sahitya Akademi is organising a literature festival named “Sahityotsav”. What is Sahityotsav? Sahityotsav is a Festival of Letters of Sahitya Akademi. It is India’s most inclusive literature festival. The festival will be a part of the celebrations to commemorate the 75th anniversary of India’s Independence.  The prestigious Sahitya Akademi Awards will also… Continue reading Sahitya Akademi of Ministry of culture to organise Literature festival ‘Sahityotsav’

Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization

What is the News? The Union Cabinet has approved the setting up of the National Land Monetization Corporation (NLMC). The setting up of NLMC is in pursuance of the Budget Announcement for 2021-22. What is National Land Monetization Corporation(NLMC)? NLMC will be a wholly-owned Government of India company with an initial authorized share capital of… Continue reading Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization

Union Minister launches Special Entrepreneurship Promotion Drive for Women – “SAMARTH” on the occasion of International Women’s Day 2022

What is the News? On the occasion of International Women’s Day 2022, the Union Minister for MSME has launched “SAMARTH”. What is SAMARTH? Launched by: Ministry of Micro, Small & Medium Enterprises Purpose: It is a Special Entrepreneurship Promotion Drive for Women to provide them with an opportunity to be self-reliant and independent by undertaking… Continue reading Union Minister launches Special Entrepreneurship Promotion Drive for Women – “SAMARTH” on the occasion of International Women’s Day 2022

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