What is the News? The Union Minister of Power and New & Renewable Energy has given his assent to amendments in the existing Renewable Energy Certificate(REC) mechanism. What is the Renewable Energy Certificate (REC) mechanism? The Renewable Energy Certificate (REC) mechanism is a market-based instrument to promote renewable energy and facilitate the compliance of renewable… Continue reading Ministry of Power Redesigns Renewable Energy Certificate (REC) Mechanism
Author: Abdul
Government approves continuation of the National Export Insurance Account (NEIA) scheme and infusion of Rs. 1,650 crore Grant-in-Aid over 5 years
What is the News? The Union Government has approved the contribution of Grant-in-aid (Corpus) of ₹1,650 Crore to the National Export Insurance Account (NEIA) over a period of five years, i.e. from FY 2021-2022 to FY 2025-2026. What is the National Export Insurance Account(NEIA)? National Export Insurance Account (NEIA) Trust was set up in 2006.… Continue reading Government approves continuation of the National Export Insurance Account (NEIA) scheme and infusion of Rs. 1,650 crore Grant-in-Aid over 5 years
No Amarnath Yatra but highway construction work keeps Sonamarg abuzz
What is the News? The government is planning to complete the massive Zojila tunnel before Republic Day 2024. About Zojila Tunnel Zojila Tunnel is a 14.15 km long road tunnel under Zoji La pass. Once completed, it will be India’s longest road tunnel and Asia’s longest bidirectional tunnel. This tunnel along with a 6.5 km… Continue reading No Amarnath Yatra but highway construction work keeps Sonamarg abuzz
Government approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks
What is the News? The government of India has approved capital infusion of ₹4,400 crores to ECGC Ltd. (formerly known as Export Credit Guarantee Corporation of India Ltd.) over a period of five years, i.e. from FY 2021-2022 to FY 2025- 2026. About ECGC Ltd. (formerly known as Export Credit Guarantee Corporation of India Ltd.)… Continue reading Government approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks
MSME Minister launches India Export Initiative and IndiaXports 2021 Portal
What is the News? The Union Minister for Micro, Small & Medium Enterprises(MSMEs) has inaugurated the India Export Initiative and IndiaXports 2021 Portal of India SME Forum. What is the India Export Initiative? The initiative aims to support the growth of MSMEs exports by providing free of cost information and knowledge to MSMEs on the… Continue reading MSME Minister launches India Export Initiative and IndiaXports 2021 Portal
Probe shows use of toxic material in firecrackers: SC
What is the News? The Supreme Court has said that a preliminary enquiry by the CBI into the firecracker industry, including in Tamil Nadu has revealed rampant violation of its ban on use of toxic ingredients like Barium and its salts. What is the issue? In 2020, the Supreme Court had ordered the CBI Joint… Continue reading Probe shows use of toxic material in firecrackers: SC
Cabinet approves Continuation/Modifications of Centrally Sponsored National Scheme for PM POSHAN in School For five more years
What is the News? The Union Cabinet has approved the continuation of the ‘National Scheme for PM POSHAN in Schools’ for five years from 2021-22 to 2025-26. What is the National Scheme for PM POSHAN in Schools? This scheme will replace the existing national programme for mid-day meals in schools or Mid-day Meal Scheme. Aim… Continue reading Cabinet approves Continuation/Modifications of Centrally Sponsored National Scheme for PM POSHAN in School For five more years
“COVID Teeka Sang Surakshit Van, DhanaurUddyam” was launched to accelerate the pace of Covid vaccination among tribal communities
What is the News? The Union Minister for Tribal Affairs has launched the “COVID Teeka Sang Surakshit Van, DhanaurUddyam” campaign. What is the “COVID Teeka Sang Surakshit Van, DhanaurUddyam” campaign? Aim: To accelerate the pace of Covid vaccination among tribal communities of India. Under the campaign, the Tribal Cooperative Marketing Development Federation of India (TRIFED)… Continue reading “COVID Teeka Sang Surakshit Van, DhanaurUddyam” was launched to accelerate the pace of Covid vaccination among tribal communities
Explained: Anti-defection law, for independent legislators
What is the News? An independent MLA from Gujarat has said he has joined the Congress “in spirit”. This is because, under the anti-defection law, an independent lawmaker becomes disqualified if the person joins a political party after the election. What is Anti Defection Law? The Tenth Schedule — popularly known as the Anti-Defection Law—… Continue reading Explained: Anti-defection law, for independent legislators
Union Minister launches the “Amrit Grand Challenge Program” titled “जनCARE”
What is the News? The Union Minister of Earth Sciences has launched the “AmritGrand Challenge Program” titled “जनCARE”. He also addressed the 10th Biotech Innovators Meet. What is the “AmritGrand Challenge Program” titled “जनCARE”? The challenge aims to identify 75 startup innovations in telemedicine, digital health, mHealth with BIG Data, AI, blockchain and other technologies.… Continue reading Union Minister launches the “Amrit Grand Challenge Program” titled “जनCARE”
