What is the News? The meeting between the Minister for Commerce and the private Industry soon after the national lockdown was announced in 2020 has led to the setting up of the SCALE Committee. What is the SCALE Committee? SCALE Committee stands for Steering Committee for Local Value Addition, Manufacturing and Exports(SCALE) It is a… Continue reading Govt.-industry panel drives policy to revive manufacturing
Author: Abdul
What samples brought back by China mission tell us about Moon
What is the News? China’s Chang’e-5 lunar mission has delivered to Earth nearly 2 kg of rocky fragments and dust from the Moon. What is the Chang’e-5 lunar mission? Chang’e 5 lunar mission is the Chinese National Space Administration’s (CNSA) mission to send a robotic spacecraft to the moon to collect samples and return them… Continue reading What samples brought back by China mission tell us about Moon
Flex-fuel engines to be mandatory soon: Gadkari
What is the News? Union Minister of Road Transport and Highways Nitin Gadkari on Friday said the government would soon make it mandatory for all vehicle manufacturers to make flex engines (that can run on more than one fuel). What are Flex Fuel Vehicles(FFV)? Flex Fuel Vehicles(FFV) is a modified version of vehicles that could… Continue reading Flex-fuel engines to be mandatory soon: Gadkari
Patents (Amendment) Rules, 2021 Notified
What is the News? The Union Government has introduced the Patents (Amendment) Rules, 2021. What are the key features of Patents (Amendment) Rules, 2021? Patent Fees for Educational Institutions Reduced Educational institutions engage in many research activities, where professors and teachers and students generate several new technologies which need to be patented for facilitating commercialization… Continue reading Patents (Amendment) Rules, 2021 Notified
Scheme for “Promotion of Medical Device Parks”, a key initiative to support the medical devices, notified
What is the News? The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers has notified the Scheme for “Promotion of Medical Device Parks”. What is the Scheme for Promotion of Medical Device Parks? Under the scheme, medical parks will be developed to provide common infrastructure facilities in one place thereby creating a robust ecosystem for… Continue reading Scheme for “Promotion of Medical Device Parks”, a key initiative to support the medical devices, notified
Government Notifies PLI Scheme for Automobile & Auto components
What is the News? The government of India has issued notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components. What is the Production Linked Incentive (PLI) Scheme for Automobile & Auto components? Aim: To overcome the cost disabilities of the industry for the manufacture of Advanced Automotive Technology products in India. Key… Continue reading Government Notifies PLI Scheme for Automobile & Auto components
Supreme Court sets aside Madras High Court remarks on EWS quota
What is the News? The Supreme Court has set aside the observations in the Madras High Court’s order, which said that the reservation for Economically Weaker Sections(EWS) in the NEET-All India Quota can be implemented only with the approval of the Supreme Court. Background Recently, the Government of India had announced a 27% reservation for… Continue reading Supreme Court sets aside Madras High Court remarks on EWS quota
RBI permits lenders to sell fraud loans to ARCs, paves way for resolution
What is the News? The Reserve Bank of India(RBI) has permitted lenders to transfer the loans that have been classified as fraud to asset reconstruction companies(ARCs). What is the current procedure? Currently, RBI norms require banks to make 100% provisions for the entire amount classified as fraud. Note: As per RBI’s annual report, lenders have… Continue reading RBI permits lenders to sell fraud loans to ARCs, paves way for resolution
China says all crypto-related transactions are illegal
What is the News? China has said that all crypto currency transactions in China, including transactions using Bitcoin, will be deemed illegal. China and Cryptocurrency China has been one of the world’s largest crypto-currency markets.This is despite the fact that trading in crypto-currency has officially been banned in China since 2019. However, the recent announcement… Continue reading China says all crypto-related transactions are illegal
Centre, States outline plans to stem pollution
What is the News? The Union Environment Ministry has convened a meeting with representatives from Delhi and neighbouring States that see pollution levels soar during winter. Background Delhi and other neighbouring States see pollution levels rise during winter. The reasons for the pollution levels rise include meteorological conditions that exacerbate pollution, emissions from vehicles, thermal… Continue reading Centre, States outline plans to stem pollution
