Category: Daily Factly articles

Sovereign Gold Bond Scheme

News:Government of India in consultation with the Reserve Bank of India has decided to issue Sovereign Gold Bonds. Facts: About the scheme: Sovereign Gold Bonds are government securities denominated in grams of gold.They are substitutes for holding physical gold. The scheme was launched in November 2015 to reduce the demand for physical gold and shift… Continue reading Sovereign Gold Bond Scheme

Changes in Apprenticeship Rules notified

News:Government has notified changes in Apprenticeship Rules(1992) with an aim to increase skilled manpower in the country and raise monetary compensation of apprentices. Facts: What is Apprenticeship? The Apprenticeship Training programme is the combination of on-the-job training and classroom training wherein the workers earn while learning the skills required for performing the specialized job. Salient… Continue reading Changes in Apprenticeship Rules notified

Explained: How to read corporate tax cut

News:Recently, the Government has reduced the corporate tax rates in order to encourage manufacturing and boost private investment. Facts: What has the government done? The central government has slashed corporate tax rates for domestic firms from 30% to 22% and for new manufacturing companies from 25% to 15% to boost economic growth. The new effective… Continue reading Explained: How to read corporate tax cut

Enterprise development centres

News:Union micro, small and medium enterprises sector (MSME) minister will launch the enterprise development centres(EDCs). Facts: About EDC Enterprise Development Centres(EDCs) are aimed at developing a cadre of indigenous entrepreneurs in the MSMEs. They are planned for every district by the end of the current financial year (2019-20). The EDCs will be similar to incubators… Continue reading Enterprise development centres

National Nutrition Survey

News:The first-ever comprehensive National Nutrition Survey has been conducted by the Government of India. Facts: About the National Nutrition Survey: The survey has been conducted by the Ministry of Health and Family Welfare and the United Nations Children’s Fund(UNICEF) to measure malnutrition. The survey recorded not only micronutrient deficiencies but also details of non-communicable diseases… Continue reading National Nutrition Survey

INS ‘Nilgiri’

News:Defence minister has launched Navy’s first new stealth frigate,INS ‘Nilgiri’ at Mazagon Dock Shipbuilders Limited in Mumbai. Facts: About INS Nilgiri: INS Nilgiri is the first of the Indian Navy’s seven new stealth frigates with enhanced stealth features,weapons and sensors.  It is the first ship of the P-17A frigates. Project 17-A: The Project 17A is… Continue reading INS ‘Nilgiri’

Kerala CM launches capacity development programme for women entrepreneurs

News:Kerala Chief Minister has launched the Kerala edition of WING-Women Rise Together. Facts: WING is an initiative by Startup India,Department for Promotion of Industry and Internal Trade(DPIIT). The programme aims to identify and support aspiring and established women entrepreneurs by providing them access to incubation, investors and various business support services.  Kerala Startup Mission(KSUM) along… Continue reading Kerala CM launches capacity development programme for women entrepreneurs

Mont Blanc

News:Experts have warned that a section of the Planpincieux glacier on the iconic Mont Blanc in Italy is at the risk of collapsing. Facts: About Mont Blanc: The Mont Blanc glacier is Western Europe’s highest mountain range. It has 11 peaks above 4,000m in France and Italy and attracts hundreds of thousands of tourists every… Continue reading Mont Blanc

Industry 4.0

News:A Pilot Project for ushering in ‘Industry 4.0’ in the railways has been launched at the Modern Coach Factory (MCF), Raebareli. Facts: About the project: The pilot project would be undertaken under the aegis of “Technology Mission for Indian Railways(TMIR).  It would be implemented by a consortium of Ministry of Railways, Ministry of Human Resource… Continue reading Industry 4.0

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