What is the News? INS Vela has been commissioned by the Indian Navy. What is INS Vela? INS Vela is the fourth submarine in the series of six Scorpene-Class submarines being built under Project-75. Named After: Vela is named after a type of Indian fish belonging to the stingray family, and the crest depicts the… Continue reading Explained: What is INS Vela, the submarine commissioned by the Indian Navy?
Author: Abdul
Bring in three-rate GST structure, says study by Finance Ministry-backed think-tank
Contents1 What is the News?2 What is the current GST Tax rate structure?3 What is the problem with this GST Tax rate structure?4 What has the NIPFP suggested in its study? What is the News? National Institute of Public Finance and Policy (NIPFP), an autonomous think tank backed by the Finance Ministry, has released a… Continue reading Bring in three-rate GST structure, says study by Finance Ministry-backed think-tank
Union Minister for Jal Shakti Launches River Cities Alliance -A Dedicated Platform For River Cities In India To Ideate, Discuss And Exchange Information For Sustainable Management of Urban Rivers
What is the News? Union Minister for Jal Shakti has launched the River Cities Alliance. What is the River Cities Alliance? Launched by: The alliance is a partnership of two Ministries i.e., Ministry of Jal Shakti and Ministry of Housing and Urban Affairs. Purpose: It is a dedicated platform for river cities in India to… Continue reading Union Minister for Jal Shakti Launches River Cities Alliance -A Dedicated Platform For River Cities In India To Ideate, Discuss And Exchange Information For Sustainable Management of Urban Rivers
Centre mulls new testing modes after anaemia surge
What is the News? The Government of India is implementing the Anaemia Mukt Bharat (Anaemia-free India) Programme to reduce the prevalence of Anaemia. What is the Anaemia Mukt Bharat Programme? Anaemia Mukt Bharat (AMB) Programme was launched in 2018 by the Ministry of Health and Family Welfare. Objective: To reduce the prevalence of anaemia among… Continue reading Centre mulls new testing modes after anaemia surge
What strategic oil release means for Indian consumers
What is the News? India has announced that it will release five million barrels of crude oil from its strategic petroleum reserves in consultation with other big global oil consumers such as the US, China, Japan, and the Republic of Korea. Click Here to read the reasons and impact of strategic oil release How does… Continue reading What strategic oil release means for Indian consumers
Cabinet approves continuation of National Apprenticeship Training Scheme for next five years
What is the News? The Cabinet Committee on Economic Affairs has approved the continuation of the National Apprenticeship Training Scheme (NATS) from 2021-22 to 2025-26. What is the National Apprenticeship Training Scheme(NATS)? The National Apprenticeship Training Scheme is the flagship programme of the Ministry of Education for Skilling Indian Youth. Purpose: It is a one… Continue reading Cabinet approves continuation of National Apprenticeship Training Scheme for next five years
Digital tax for US companies to stay until OECD pact comes into force
What is the News? India and US have agreed on a “transitional approach” to digital service tax imposed by the Indian Government. Background In 2016, India had introduced a 6% equalisation levy for digital advertising services. Later, in April 2020, it widened the scope to impose a 2% tax on non-resident e-commerce players. However, the… Continue reading Digital tax for US companies to stay until OECD pact comes into force
Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
What is the News? The Defence Minister has inaugurated the Fifth World Congress on Disaster Management. About Fifth World Congress on Disaster Management Organized by: Disaster Management Initiatives and Convergence Society (DMICS) Aim: To promote interaction of science, policy, and practices to enhance understanding of risks and advance actions for reducing risks and building resilience… Continue reading Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
Cabinet approves continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)”
What is the News? The Cabinet Committee on Economic Affairs has approved the continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)” for the period from 2021-26. About O-SMART Scheme The O-SMART Scheme was launched by the Ministry of Earth Sciences. Objectives of the scheme: a) To provide forecasts and services… Continue reading Cabinet approves continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)”
Cabinet approves Continuation of the umbrella scheme “Atmosphere’ & Climate Research-Modelling Observing Systems & Services (ACROSS)” from the 14th Finance Commission to the next Finance Commission Cycle (2021-2026)
Contents1 What is the News?2 What is the ACROSS Scheme?2.1 Sub Schemes under ACROSS3 Implementation of Scheme4 Impact of this Scheme What is the News? Cabinet Committee on Economic Affairs has approved the continuation of the umbrella scheme “Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS)”. What is the ACROSS Scheme? The ACROSS scheme… Continue reading Cabinet approves Continuation of the umbrella scheme “Atmosphere’ & Climate Research-Modelling Observing Systems & Services (ACROSS)” from the 14th Finance Commission to the next Finance Commission Cycle (2021-2026)
