What is the News? On the sidelines of COP 26 in Glasgow, the LeadIT (Leadership Group for Industry transition) Summit 2021 was held in hybrid mode presided by India and Sweden. What is the Leadership Group for Industry Transition(LeadIT)? Launched by: LeadIT was launched by the Prime Ministers of Sweden and India with support from… Continue reading Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative
Category: Daily Factly articles
DELIVERY OF FOURTH SCORPENE SUBMARINE ‘VELA’ TO INDIAN NAVY
What is the News? The Indian Navy has taken delivery of its fourth Scorpene-class submarine named ‘Vela’. About INS Vela INS Vela is the fourth submarine under Project 75 for the Indian Navy. It is a diesel-electric attack submarine based on the Scorpène class. Read more: What are Scorpene Class Submarines? About Project 75… Continue reading DELIVERY OF FOURTH SCORPENE SUBMARINE ‘VELA’ TO INDIAN NAVY
At least 420 million hectares forest lost since 1990: Survey
What is the News? The Food and Agriculture Organization (FAO) of the United Nations has released the Global Forest Resources Assessment (FRA) 2020 Remote Sensing Survey. What is the FRA 2020 Remote Sensing Survey? The Survey was launched by FAO in 2018. The objectives of the survey are two-fold: To build country capacities to use… Continue reading At least 420 million hectares forest lost since 1990: Survey
Explained: Why is India hosting an NSAs’ meeting on Afghanistan with regional players?
What is the News: India is hosting the ‘Delhi Regional Security Dialogue on Afghanistan’. About the dialogue India is hosting the NSAs of 7 other countries including Russia, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Pakistan and China were also invited but didn’t participate. The first such meeting of NSAs was organized in Iran. Afghanistan,… Continue reading Explained: Why is India hosting an NSAs’ meeting on Afghanistan with regional players?
Mineral concession amendments to raise availability, ease pricing pressure
What is the News? The Ministry of Mines has notified the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Fourth Amendment) Rules, 2021 to amend The Minerals Concession Rules, 2016. What are the key provisions of the Minerals Concession (Fourth Amendment) Rules, 2021? Source: Business Standard Allows Part Surrender of Mines: The rules… Continue reading Mineral concession amendments to raise availability, ease pricing pressure
Revised fisheries draft: WTO draft snubs India’s transition period proposal
What is the News? The World Trade Organization (WTO) has issued a revised draft text of the fisheries subsidies agreement. However, India has said that the text still remains “unbalanced”. Click Here to read about Fisheries Subsidies What are the objections India has over the WTO draft text on fisheries subsidies? Source: Economic Times Firstly,… Continue reading Revised fisheries draft: WTO draft snubs India’s transition period proposal
Explained: India’s submarine strength
Contents1 What is the News?2 What is Submarine?3 How many submarines does India have?4 About Nuclear ballistic submarine classified as SSBN:5 How many submarines does China have? What is the News? CBI filed two chargesheets against serving and retired naval officers for allegedly sharing details of the ongoing modernisation project of India’s Kilo Class submarines.The… Continue reading Explained: India’s submarine strength
Department of Justice launches “Tele-Law on Wheels” Campaign
What is the News? The Department of Justice has launched the week- long “Tele-Law on Wheels” campaign from 8th to 14th November, 2021. What is the Tele-Law on Wheels campaign? It is a campaign under which a series of activities are being undertaken to empower people through pre-litigation advice for rightfully claiming their entitlements and… Continue reading Department of Justice launches “Tele-Law on Wheels” Campaign
Centre amends the Legal Metrology (Packaged Commodities) Rules 2011 for enhanced protection of Consumer Rights
What is the News? The Department of Consumer Affairs under the Ministry of Consumer Affairs, Food and Public Distribution has amended the Legal Metrology (Packaged Commodities) Rules 2011. What is Legal Metrology? Metrology is the science of measurement.Legal metrology provides regulations for the control of measurements and measuring instruments.It also provides rules for protection of… Continue reading Centre amends the Legal Metrology (Packaged Commodities) Rules 2011 for enhanced protection of Consumer Rights
India now ahead of China in financial inclusion metrics
What is the News? According to the Chief economic adviser at State Bank of India (SBI), India is now ahead of China in financial inclusion metrics. India’s Financial Inclusion Metrics Mobile and Internet Banking Transactions: The mobile and Internet banking transactions have increased to 13,615 per 1,000 adults in 2020 from 183 in 2015. Bank… Continue reading India now ahead of China in financial inclusion metrics
