News: European Union has agreed upon a historic €750 billion ($860 billion) coronavirus recovery fund. Facts: Coronavirus Recovery Fund: The fund is aimed at containing an unprecedented economic downturn in the EU countries caused due to Covid-19 induced disruption. What does the fund contain? There are two parts of the fund: Euro 360 billion in… Continue reading EU leaders clinch €750 billion coronavirus Recovery Fund
Category: Daily Factly articles
Explained: The significance of Kakrapar-3
News: Prime minister has congratulated India’s nuclear scientists after the third unit of the Kakrapar Atomic Power Project(KAPP-3) achieved its first criticality — a term that signifies the initiation of a controlled but sustained nuclear fission reaction. Facts: Kakrapar-3 Atomic Power Plant: It is a nuclear power station located in Gujarat. It is the country’s… Continue reading Explained: The significance of Kakrapar-3
Union Minister launches RAISE Initiative
News: Union Power minister has launched the Retrofit of Air-conditioning to improve Indoor Air Quality for Safety and Efficiency(RAISE) national programme. Facts: Aim: To develop healthy and energy efficient buildings by improving indoor air quality, thermal comfort and energy efficiency(EE) in workspaces across the nation. Bodies Involved: It is a joint initiative of Energy Efficiency… Continue reading Union Minister launches RAISE Initiative
HIV/AIDS vulnerable groups petition global fund
News: Vulnerable groups such as sex workers, transpersons, HIV/AIDS have petitioned Global Fund for AIDS,TB and Malaria(GFATM) against being deprived of sources of livelihood during the pandemic. Facts: Global Fund to Fight AIDS Tuberculosis and Malaria(GFATM): It was created in 2002 as a partnership between governments, civil society, the private sector and people affected by… Continue reading HIV/AIDS vulnerable groups petition global fund
Army Gets World’s Most Agile, Lightest Surveillance Drone “Bharat”
Facts: Bharat is an indigenously developed drone developed by Defence Research and Development Organisation(DRDO).The drone is equipped with artificial intelligence that helps it to detect friends and enemies and take action accordingly.
NFRA constitutes technical advisory committee
News: National Financial Reporting Authority(NFRA) has constituted a Technical Advisory Committee(TAC) under chairmanship of R.Narayanaswamy to aid and advise NFRA on issues related to the drafts of accounting standards and auditing standards. Facts: National Financial Reporting Authority(NFRA): It is an audit regulator constituted in 2018 by the Government of India under section 132(1) of the… Continue reading NFRA constitutes technical advisory committee
Union Minister virtually inaugurates Mizoram’s First Mega Food Park
News: Union Food Processing Minister has virtually inaugurated Mizoram’s first mega food park named “Zoram Mega Food Park”. Facts: Zoram Mega Food Park: It is located in Khamrang village in Mizoram. The project is being executed under the Mega Food Park Scheme. Additional Facts: Mega Food Park Scheme: The scheme was launched in 2008-09 by… Continue reading Union Minister virtually inaugurates Mizoram’s First Mega Food Park
Union HRD Minister to launch Manodarpan Initiative
News: Union Human Resource Development(HRD) Minister has virtually launched the Manodarpan initiative as part of the ‘Atma Nirbhar Bharat Abhiyan’. Facts: Aim: To monitor and provide psychosocial support to students, teachers and families for Mental Health and Emotional Wellbeing during the conditions like COVID outbreak and beyond.
First-of-its-kind Godhan Nyay Yojana launched in Chhattisgarh
News: Chhattisgarh Government has launched ‘Godhan Nyay Yojana’ on the occasion of Hareli festival. Facts: Aim: To put money in the pockets of people living in the rural areas and also solve the problem of stray cattle. Features: Under the scheme, the government will procure cow dung from farmers at a fixed procurement rate. The… Continue reading First-of-its-kind Godhan Nyay Yojana launched in Chhattisgarh
Solar Orbiter Mission Returns First Data, Snaps Closest Pictures of the Sun
News: European Space Agency has released the closest pictures ever taken of the Sun captured by the Solar Orbiter Mission. Facts: Key Takeaways: Camp Fires: There are mini-flares on the sun that are millionths of the size of the Sun’s massive flares that are routinely observed by Earth telescopes. Significance: These camp fires could have… Continue reading Solar Orbiter Mission Returns First Data, Snaps Closest Pictures of the Sun
