What is the News? The Prime Minister has inaugurated the Defence Offices Complexes at Kasturba Gandhi Marg and Africa Avenue in New Delhi. What are Defence Office Complexes? Defence Office Complexes has been constructed as a part of the Central Vista redevelopment project. These complexes will accommodate around 7,000 officials from the Ministry of Defence… Continue reading New defence office complex opened
Category: Daily Factly articles
Building a resilient economy
What is the news? Amidst the hopes of a V-shaped recovery of the Indian economy, the National Statistical Office (NSO) had recently estimated that India’s economic growth has surged to 20.1% in the April-June quarter, despite a devastating second wave of COVID-19. It also stated that the gross domestic product (GDP) had contracted by 24.4% in… Continue reading Building a resilient economy
Scientists unravel mystery behind Odisha’s ‘black tigers
What is the news? Recently, scientists have resolved the mystery behind the ‘black tigers’ of Simlipal in Odisha. A recent study has discovered that the coat colouration and patterning that make the wild cats appear dark boil down to a single mutation in the Transmembrane Aminopeptidase Q (Taqpep) gene. The researchers found that the Similipal black tigers may have arisen from a… Continue reading Scientists unravel mystery behind Odisha’s ‘black tigers
COVID-19 pandemic has not slowed climate change: UN
What is the news? Recently United Nations released report titled United in Science 2021 with the help of WMO, UNEP, WHO, IPCC etc,. As per the report, the novel coronavirus disease (COVID-19) pandemic caused only a temporary reduction in carbon dioxide (CO2) emissions last year while concentrations of major greenhouse gases in the atmosphere continued to increase. What are the findings of the… Continue reading COVID-19 pandemic has not slowed climate change: UN
52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme
What is the news? Around 52 companies have applied for availing production-linked incentives (PLIs) for white goods makers, proposing an investment of around Rs 6,000 crore in the manufacturing of components for air conditioners and LED lights. Most of the investments are expected to happen in the next two-three years; and after that, local production for components for AC… Continue reading 52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme
Reforms in jewellery sector to help achieve export target: Minister
What is the News? The recent reforms in the gems and jewellery industry would help it achieve the $43.75 billion exports target for this fiscal year. About the performance of Gems and Jewellery Sector Gems & Jewellery sector is one of the important sectors of Indian Economy with a contribution of around 7% to GDP,… Continue reading Reforms in jewellery sector to help achieve export target: Minister
Union Cabinet clears decks for National Asset Reconstruction Company
What is the News? The Union Government has approved a proposal that requires the government to guarantee Security Receipts(SR) issued by National Asset Reconstruction Company Ltd (NARCL) when buying non-performing assets (NPAs) from banks. This will clear the path for the launch of National Asset Reconstruction Company (NARCL). Note: Security Receipts (SR) are issued by ARCs… Continue reading Union Cabinet clears decks for National Asset Reconstruction Company
28% jump in filing of cases in 2020: NCRB
What is the News? National Crime Records Bureau(NCRB) has released a report titled Crime in India 2020. What are the key findings of the Crime in India Report? Registration of Cases: There was a 28% increase in the registration of cases in 2020 in the country compared to 2019. The surge in cases was primarily… Continue reading 28% jump in filing of cases in 2020: NCRB
PM launches Sansad TV
What is the News? The Prime Minister of India has launched Sansad TV on the occasion of the International Day of Democracy. About Sansad TV Sansad TV has been formed by merging the two parliamentarian channels Lok Sabha TV and Rajya Sabha TV. The merger was done based on the recommendations of a committee formed… Continue reading PM launches Sansad TV
Cabinet clears PLI for auto sector to spur ‘green’, high-tech
What is the News? Government of India has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Components. About PLI Scheme for Auto Industry Aim: To overcome the cost disabilities to the industry for the manufacture of Advanced Automotive Technology products in India. Eligibility: The scheme is open to existing automotive companies as… Continue reading Cabinet clears PLI for auto sector to spur ‘green’, high-tech
