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) and technical textiles segments. In the global level, there was a shift in the consumer preferences and fashion trends which saw MMF surpass cotton as the fibre… Continue reading The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation
Category: Daily Factly articles
Prime Minister chairs 13th BRICS Summit
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 staging ground for terrorist attacks against other countries, as well as a sanctuary for terrorists. The BRICS nations also collectively adopted the “New Delhi Declaration“. The theme… 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
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 immunity induced by COVID infection. The comparison between vaccine immunity and infection-induced immunity Doctors say that the immunity induced by the vaccine lasts longer. Doctors also say… Continue reading The great immunity debate of vaccines vs infection antibodies
Merchants, companies can’t store card data from Jan 1: RBI
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 1, 2022. Simultaneously, it has also extended the tokenisation of CoF by card issuers. Reasons for RBI’s Ban on Storing card data… Continue reading Merchants, companies can’t store card data from Jan 1: RBI
Panel set up to draft Bill on drugs, cosmetics and medical devices
What is the News? The Union government has constituted a committee for framing legislation regarding new drugs, cosmetics and medical devices. About the Committee Headed by: The committee is headed by Drugs Controller General of India V.G. Somani. Mandate: To undertake pre-legislative consultations and examine the present Drugs and Cosmetics Act,1940, examine previously framed Drugs… Continue reading Panel set up to draft Bill on drugs, cosmetics and medical devices
