What is the News? The Ministry of Micro, Small and Medium Enterprises (MSME) has undertaken several important initiatives during the year 2021. Some of the important initiatives are Credit Guarantee Scheme for Subordinated Debt(CGSSD) for MSMEs Self Reliant India(SRI) Fund: It is a Category-II Alternative Investment Fund registered with SEBI with Mother Fund / Daughter… Continue reading Year End Review- 2021 Ministry of Micro, Small & Medium Enterprises
Author: Abdul
Explained: How scientists are using grime-eating bacteria to restore classical art
What is the News? Recently, a team of scientists has used helpful bacteria to clean the art work of Michelangelo in Italy. How is the Artwork cleaned? Art restorers have usually employed chemical agents and more recently laser techniques to remove dirt, oil, glue or pollutants from monuments, stoneworks and paintings. But since 1980s, when researchers… Continue reading Explained: How scientists are using grime-eating bacteria to restore classical art
India, Korea agree to ‘impart fresh momentum’ to bilateral trade pact
What is the news? South Korea’s Trade Minister met with the Indian Minister of Commerce & Industry. What are the key highlights of the meeting? Firstly, the two countries agreed to upgrade the existing CEPA (Comprehensive Economic Partnership Agreement) signed in 2009. Secondly, they will try to achieve the target of USD 50 Billion before… Continue reading India, Korea agree to ‘impart fresh momentum’ to bilateral trade pact
DRDO Flight Tests Final Deliverable Configuration of MPATGM
What is the News? Defence Research and Development Organisation (DRDO) has successfully flight tested the Man Portable Anti-Tank Guided Missile (MPATGM). What is a Man Portable Anti-Tank Guided Missile (MPATGM)? MPATGM is an indigenously developed low weight Anti-Tank guided fire & forget missile. Note: An anti-tank missile is a missile that is created to destroy… Continue reading DRDO Flight Tests Final Deliverable Configuration of MPATGM
Year End review 2021 on highlight key Initiatives and achievements pertains to Department of Fisheries
What is the news? The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying has implemented several initiatives in the year 2021. What are the initiatives launched by the Department of Fisheries in 2021? Fisheries Sector Fisheries sector has been recognized as a ‘Sunrise Sector’ and has demonstrated an outstanding double-digit average annual growth… Continue reading Year End review 2021 on highlight key Initiatives and achievements pertains to Department of Fisheries
Sebi issues guidelines for operationalizing gold exchanges in India
What is the news? Government of India has notified the Securities and Exchange Board of India (Vault Managers) Regulations, 2021 to create Electronic Gold Receipts (EGRs). What are Electronic Gold Receipts (EGRs)? These are electronic receipts issued on the basis of a deposit of underlying physical gold. This would pave the way for the operationalization… Continue reading Sebi issues guidelines for operationalizing gold exchanges in India
Jallikattu banned in Vellore, nearby districts ahead of Pongal as COVID-19 cases see spike
What is the news? Jallikattu has been banned in Vellore and nearby districts in Tamil Nadu as there has been a steep rise in the daily cases of COVID-19. What is Jallikattu? Jallikattu is called Eru thazuval or embracing the bull. It is a bull-taming sport in Tamil Nadu that has traditionally been part of… Continue reading Jallikattu banned in Vellore, nearby districts ahead of Pongal as COVID-19 cases see spike
China-Sri Lanka ties: ‘No one should interfere in China-Lanka ties’
What is the News? The Chinese Foreign Minister is on a visit to Sri Lanka. The visit marks the 70th anniversary of the historic Rubber-Rice Pact and the 65th anniversary of the establishment of diplomatic relations between China and Sri Lanka ties. Note: The Rubber-Rice Pact was signed in 1952 in the wake of the… Continue reading China-Sri Lanka ties: ‘No one should interfere in China-Lanka ties’
Things to watch for as India, UK launch FTA talks
What is the News? India and the UK will start active consultation to finalize a Free Trade Agreement (FTA). Must Read: What is a Free Trade Agreement(FTA) Why is the FTA with the UK important for India? India-UK FTA will be critical for India at a time when the country has walked out of key FTAs… Continue reading Things to watch for as India, UK launch FTA talks
Year End Review of Ministry of Skill Development and Entrepreneurship
What is the news? The Ministry of Skill Development and Entrepreneurship (MSDE) has launched several initiatives in 2021. What are the initiatives launched by the MSDE in 2021? Pradhan Mantri Kaushal Vikas Yojana 3.0 (PMKVY 3.0) Pilot Project for upskilling the cane and bamboo artisans of Nagaland India Skills: It is the country’s biggest skill… Continue reading Year End Review of Ministry of Skill Development and Entrepreneurship
