Source: Indian Express What is the News? The production-linked incentive(PLI) schemes for several sectors have received a good response. However, the scheme is struggling across most other sectors where it has been rolled out. About PLI Scheme: The scheme aims to invite foreign investors to set up their manufacturing units in India. Similarly, it also… Continue reading PLI schemes evoke mixed response: IT, mobile steal a march on other sectors
Author: Abdul
Rail Cargo movement between India and Nepal gets a big boost
Source: PIB What is the News? India and Nepal have signed a Letter of Exchange(LoE) to revise the 2004 India-Nepal Rail Services Agreement(RSA). What does the revised agreement contain? The revised agreement allows all authorized cargo train operators to utilize the Indian railway network to carry Nepal’s container and other freight – both bilateral between… Continue reading Rail Cargo movement between India and Nepal gets a big boost
NHAI resumes infrastructure investment trust project with roadshows
Source: Business Standard What is the News? National Highways Authority of India(NHAI) has started re-engagement with investors for its infrastructure investment trust(InvIT) which has been delayed by over a year. What are Infrastructure Investment Trusts(InvITs)? InvITs are instruments that work like mutual funds. They are designed to pool small sums of money from a number… Continue reading NHAI resumes infrastructure investment trust project with roadshows
Investing in water, sanitation and hygiene can fuel economic recovery: Report
Source: Down To Earth What is the News? Water Aid, an international non-profit organisation has released a report titled “Mission-critical: Invest in water, sanitation, and hygiene for a healthy and green economic recovery”. About Mission Critical Report: The Mission Critical Report calls on all government and private bodies to mobilize investments in water, sanitation, and… Continue reading Investing in water, sanitation and hygiene can fuel economic recovery: Report
Cooperation Ministry will usurp States’ rights: Oppn
Source: The Hindu What is the News? The Government of India has announced the formation of a separate Union Ministry of Cooperation. Objectives of Ministry of Cooperation: To provide a separate administrative, legal, and policy framework for strengthening the cooperative movement in the country. To streamline the process for ease of doing business and enable… Continue reading Cooperation Ministry will usurp States’ rights: Oppn
Himalayan yaks to be insured
Source: The Hindu What is the News? National Research Centre on Yak(NRCY) in West Kameng district, Arunachal Pradesh has tied up with the National Insurance Company Ltd. for insuring Himalayan Yak. About Himalayan Yak: Himalayan Yak is a long-haired domesticated cattle found throughout the Himalayan region of the Indian subcontinent, Tibetan Plateau, Myanmar and as… Continue reading Himalayan yaks to be insured
African swine fever: Ripple effect across the world
Source: Down To Earth What is the News? The African Swine Fever(ASF) continues to impact livestock in Mizoram, affecting all 11 districts and killing 10,621 pigs since March 2021. About African Swine Fever: African swine fever(ASF) is a highly contagious hemorrhagic viral disease of domestic and wild pigs which is responsible for serious economic and… Continue reading African swine fever: Ripple effect across the world
India-UK hold Financial Market dialogue via virtual mode
Source: PIB What is the News? India and the United Kingdom(UK) held the inaugural meeting of the India-UK Financial Markets Dialogue virtually. About India-UK Financial Markets Dialogue: India-UK Financial Markets Dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector. The dialogue was… Continue reading India-UK hold Financial Market dialogue via virtual mode
Explained: What plumes on Enceladus tell us about possibility of life on Saturn’s Moon
Source: Indian Express What is the News? NASA’s Cassini spacecraft has detected an unusually high concentration of methane along with carbon dioxide and dihydrogen in the moons of Saturn. What did the Cassini spacecraft find? The spacecraft has found that: Titan has methane in its atmosphere and Enceladus has a liquid ocean with erupting plumes… Continue reading Explained: What plumes on Enceladus tell us about possibility of life on Saturn’s Moon
MoD launches SPARSH for sanction and disbursement of defence pension
Source: PIB What is the News? The Ministry of Defence has launched SPARSH (System for Pension Administration Raksha) Portal. About SPARSH Portal: SPARSH is an integrated system for automation of sanction and disbursement of defence pension. The portal processes pension claims and credits pension directly into the bank accounts of defence pensioners without relying on… Continue reading MoD launches SPARSH for sanction and disbursement of defence pension
