Category: Daily Factly articles

Enzyme makes men vulnerable to coronavirus disease

News:According to a study, ACE-2 enzymes are responsible for why men seem to be more vulnerable to Covid-19 than women. Facts: Angiotensin Converting Enzyme 2(ACE2) is an enzyme molecule that connects the inside of our cells to the outside via the cell membrane. The enzyme is found in our lungs, heart, intestines, blood vessels and… Continue reading Enzyme makes men vulnerable to coronavirus disease

GI tag for Thanjavur Netti and Arumbavur Wood carving

News:Geographical Indication Registry of India has accorded Geographical Indication(GI) tag to Thanjavur Netti and Arumbavur Wood carving from Tamil Nadu. Facts: Thanjavur Netti: Thanjavur Netti Works (Thanjavur Pith Work) is made from Netti (pith) from a marshy plant called as Aeschynomene Aspera.  This is a traditional art form and has been transferred from one generation… Continue reading GI tag for Thanjavur Netti and Arumbavur Wood carving

Major States lost ₹97,100 crore in own revenue in April: India Ratings

News:According to India Ratings and Research, due to lockdown 21 major States will suffer a collective revenue loss of about ₹ 97,100 crore for the month of April alone. Facts: States Sources of Income:The States revenue mainly comes from following heads:  State Goods and Services Tax(SGST): It is a destination based tax on consumption of… Continue reading Major States lost ₹97,100 crore in own revenue in April: India Ratings

Economic Package to make India self reliant: Atma Nirbhar Bharat Abhiyan

News:Union Finance Minister has announced the first tranche of the Atma Nirbhar Bharat Abhiyan to deal with the COVID-19 pandemic. Facts: Key Features of the Package: Real Estate:The deadline for completion of projects has been extended by up to six months treating the coronavirus outbreak as an event of ‘force majeure’ under the realty law… Continue reading Economic Package to make India self reliant: Atma Nirbhar Bharat Abhiyan

EPFO contributions reduced; gains in take home, employee cost

News:The Finance minister has provided relaxation to all private sector companies by reducing the statutory PF contribution of both employer and employee from 12% to 10% for the next three months. Facts: Employees’ Provident Fund(EPF) Scheme: Employees Provident Fund (EPF): It is a retirement benefit scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act,… Continue reading EPFO contributions reduced; gains in take home, employee cost

MSME Ministry launches CHAMPIONS portal

News:Ministry of Micro, Small and Medium Enterprises(MSME) has launched CHAMPIONS portal. Facts: CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. It is a technology driven portal which aims to assist Indian MSMEs to enter into the big league as national and global champions by solving their… Continue reading MSME Ministry launches CHAMPIONS portal

GI tag for Jharkhand’s Sohrai Khovar painting, Telangana’s Telia Rumal

News:Geographical Indication Registry of India has accorded Geographical Indication(GI) tag to Sohrai Khovar painting and Telia Rumal. Facts: Sohrai Khovar: It is a traditional and ritualistic mural painting practised by local tribal women in Hazaribagh,Jharkhand. It is mostly practised during local harvest and marriage seasons using local, naturally available soils of different colours available in… Continue reading GI tag for Jharkhand’s Sohrai Khovar painting, Telangana’s Telia Rumal

₹20 lakh crore package for “self-reliant” India

News:Prime Minister has announced a special economic package worth 20 lakh crore rupees for an ‘Atma-Nirbhar Bharat’ or self-reliant India. Facts: Aim: To make India self-reliant (Atma-Nirbhar) by promoting business, attracting investment, cutting down import dependence and by strengthening Make in India. The package includes earlier announcements made by the RBI and the government which… Continue reading ₹20 lakh crore package for “self-reliant” India

Explained: Can ultraviolet light help detect, kill the coronavirus?

News:Scientists are studying the use of ultraviolet germicidal irradiation (UVGI) to detect the virus in public places and disinfect contaminated public spaces to stop the transmission of the virus. Facts: Ultraviolet germicidal irradiation(UVGI) replicates UV wavelengths and uses its destructive properties to target pathogens. It disinfects contaminated spaces, air and water and helps in preventing… Continue reading Explained: Can ultraviolet light help detect, kill the coronavirus?

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