Contents1 What is the news?2 What do the new rules say?3 How armed forces acquire capital assets?4 What is the primary objective behind delegation of financial powers? What is the news? In order to address operational needs of the armed forces, Defence Minister has released order on Delegation of Financial Powers to Defence Services (DFPDS),… Continue reading New rules to reform financial powers of armed forces
Category: Daily Factly articles
The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation
Contents1 What is the news?2 What is the aim of the scheme?3 What is the purpose of inclusion of intermediate products?4 How the incentives will be categorized? What is the news? Recently, Cabinet gave approval of a Production Linked Incentive (PLI) scheme for the textile sector that is expressly targeted at the man-made fibre (MMF)… Continue reading The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation
Prime Minister chairs 13th BRICS Summit
Contents1 What is the news?2 The theme of the 13th BRICS Summit3 What are the initiatives/key provisions of the New Delhi Declaration?4 About BRICS5 Structure of BRICS What is the news? Indian PM chaired the 13th BRICS Summit, which was held virtually. The Summit stressed the need to prevent Afghanistan from being used as a… Continue reading Prime Minister chairs 13th BRICS Summit
BHEL demonstrates tech to create methanol from high ash coal
What is the news? Bharat Heavy Electricals Limited(BHEL) has successfully demonstrated a facility to create methanol from high ash Indian coal. About Methanol Methanol is a clean-burning fuel that can replace both petrol & diesel in transportation & LPG, Wood, Kerosene in cooking fuel. It can also replace diesel in Railways and could be an… Continue reading BHEL demonstrates tech to create methanol from high ash coal
‘Main Bhi Digital 3.0’ Special Campaign for Digital Onboarding, Training for street vendors launched
What is the News? The Ministry of Housing and Urban Affairs in collaboration with the Ministry of Electronics and Information Technology has launched ‘Main Bhi Digital 3.0’ Campaign. About ‘Main Bhi Digital 3.0’ Campaign It is a special campaign for Digital Onboarding and Training of street vendors under the PM SVANidhi scheme. The campaign has… Continue reading ‘Main Bhi Digital 3.0’ Special Campaign for Digital Onboarding, Training for street vendors launched
Ministry of Jal Shakti launches Swachh Survekshan Gramin 2021
What is the News? The Ministry of Jal Shakti has presided over the e-launch of Swachh Survekshan Gramin 2021. About Swachh Survekshan Gramin 2021 Swachh Survekshan Gramin 2021 is organized by the Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti under Swachh Bharat Mission (Grameen) Phase -II. Aim: To support the acceleration… Continue reading Ministry of Jal Shakti launches Swachh Survekshan Gramin 2021
DRDO hands over air defence missile (MRSAM) System to Indian Air Force
What is the News? The Defence Minister has handed over the first deliverable Firing Unit (FU) of Medium Range Surface to Air Missile(MRSAM) System to the Indian Air Force(IAF). About Medium Range Surface to Air Missile(MRSAM) Developed by: Defence Research and Development Organisation (DRDO) and Israel Aerospace Industries (IAI) in collaboration with the Indian industry.… Continue reading DRDO hands over air defence missile (MRSAM) System to Indian Air Force
New report suggests how land-use for renewable energy in India can be environmentally sustainable
What is the news? Institute for Energy Economics and Financial Analysis (IEEFA) has recently released a report titled “Renewable Energy and Land Use in India by Mid-Century“. According to the report, India will use significant stretches of land by 2050 to install renewable energy generation capacities, and the land-use increase may have an impact on… Continue reading New report suggests how land-use for renewable energy in India can be environmentally sustainable
The great immunity debate of vaccines vs infection antibodies
Contents1 What is the news?2 The comparison between vaccine immunity and infection-induced immunity3 Does it mean vaccine is not needed?4 What should be the approach going forward? What is the news? Recent studies showed that immunity induced by Pfizer shot waned quickly. This led to comparisons between immunity induced by the vaccine shot and the… Continue reading The great immunity debate of vaccines vs infection antibodies
Merchants, companies can’t store card data from Jan 1: RBI
Contents1 What is the News?2 Reasons for RBI’s Ban on Storing card data3 What is the solution then?4 RBI’s Guidelines on Tokenization What is the News? Reserve Bank of India(RBI) has directed that no entity or merchant, other than card issuers and card networks, should store card details — or card-on-file (CoF) — from January… Continue reading Merchants, companies can’t store card data from Jan 1: RBI
