Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

What is the News? In Budget 2022, the Finance Minister has announced several norms for virtual digital assets. What are the steps announced by the Finance Minister for crypto assets? Digital Rupee: Reserve Bank of India will launch a Digital Rupee – India’s version of a Central Bank Digital Currency (CBDC) by 2022-23. The CBDC will… Continue reading Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025

What is the News? In the Budget 2022, the Union Finance Minister has announced several initiatives in the Telecom Sector. What are the initiatives announced by the Finance Minister in the Telecom Sector? Firstly, the Government ​​will hold an auction for the 5G spectrum in 2022, but the implementation of services will happen in 2022-2023. … Continue reading Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025

A NEW SCHEME, PRIME MINISTER’S DEVELOPMENT INITIATIVE FOR NORTH EAST ‘PM-DevINE’ ANNOUNCED; Rs. 1500 CRORE ALLOCATED

What is the news? The Finance Minister has announced the Prime Minister’s Development Initiative for North-East(PM-DevINE) Scheme during the Union Budget 2022-23. What is PM-DevINE Scheme? The PM-DevINE Scheme will fund infrastructure and social development projects based on the needs felt in the North-East. Objective: To enable livelihood activities for youth and women and fill… Continue reading A NEW SCHEME, PRIME MINISTER’S DEVELOPMENT INITIATIVE FOR NORTH EAST ‘PM-DevINE’ ANNOUNCED; Rs. 1500 CRORE ALLOCATED

Budget extends more sops for IFSC

What is the news? In the Union Budget 2022, the Finance Minister has announced several steps to further promote the International Financial Services Center (IFSC) in Gujarat. What are the steps announced by the Finance Minister to promote IFSC? Firstly, Income Tax incentives will be provided to promote various business activities such as ship leasing… Continue reading Budget extends more sops for IFSC

Digital varsity and e-content for schools planned

What is the news? In Budget 2022, the Finance Minister has announced several initiatives for the education Sector. What are the initiatives announced in the Education Sector in Budget 2022? DESH-Stack e-portal: Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be launched to empower citizens to skill, reskill or upskill through online training. Digital… Continue reading Digital varsity and e-content for schools planned

Centre to set up high-level panel on urban policies

What is the news? The Finance Minister has announced plans to set up a high-level committee of planners, economists and institutions to provide recommendations on issues and policies related to the urban sector. What is the need of a High Level Panel on Urban Planning? By 2047, nearly half of India’s population is likely to… Continue reading Centre to set up high-level panel on urban policies

Home Delivery of medicines to begin from tomorrow under Services e-Health Assistance and Teleconsultation (SeHAT)

What is the news? The Ministry of Defence (MoD) has launched services for home delivery of medicines for veterans and serving military personnel services under an online medical consultation platform named Services e-Health Assistance and Teleconsultation (SeHAT). What is SeHAT Initiative? SeHAT initiative was launched in May 2021. It is the tri-services teleconsultation service of… Continue reading Home Delivery of medicines to begin from tomorrow under Services e-Health Assistance and Teleconsultation (SeHAT)

Launch of the Global Center of Excellence in Affordable and Clean Energy (GCoE-ACE) at IIT Dharwad

What is the News? A virtual function was held to mark the launch of the Global Centre of Excellence in Affordable and Clean Energy(GCoE-ACE) at the Indian Institute of Technology, Dharwad (IITDh), Karnataka. What is the purpose of the Global Centre of Excellence for Affordable and Clean Energy (GCoE-ACE)? The Centre has been established with… Continue reading Launch of the Global Center of Excellence in Affordable and Clean Energy (GCoE-ACE) at IIT Dharwad

Indian scientists develop efficient and durable solar cells by tuning the length and porosity of nanorods

What is the News? Indian Scientists have devised a new process for increasing the efficiency and stability of Titanium dioxide (TiO2) nanorods based on Perovskite Solar Cells (PSC). What are Perovskite Solar Cells(PSC)? Perovskite Solar Cells(PSC) is a type of solar cell that includes a perovskite-structured compound, most commonly a hybrid organic-inorganic lead or tin… Continue reading Indian scientists develop efficient and durable solar cells by tuning the length and porosity of nanorods

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