Source: The post is based on the article “Oil reserves in salt caverns: The potential in India” published in the Indian Express on 03rd June 2023 What is the News? Government-owned engineering consultancy firm Engineers India (EIL) is studying the prospects and feasibility of developing salt cavern-based strategic oil reserves in Rajasthan. If the idea comes… Continue reading Oil reserves in salt caverns: The potential in India
Category: Daily Factly articles
Better farming. Direct-seeding method gains currency in India’s paddy growing regions
Source: The post is based on the article “Better farming. Direct-seeding method gains currency in India’s paddy growing regions” published in The Hindu Businessline on 29th May 2023 What is the News? Farmers in several leading rice-growing States are shifting to the direct-seeding method with rains getting delayed and the availability of labour becoming a challenge. What… Continue reading Better farming. Direct-seeding method gains currency in India’s paddy growing regions
IRDAI eyes insurance push in rural areas with ‘Bima Vahak’
Source: The post is based on the article “IRDAI eyes insurance push in rural areas with ‘Bima Vahak’” published in The Hindu on 3rd June 2023 What is the News? The IRDAI has issued draft guidelines for Bima Vahak, a dedicated distribution channel to reach out to every Gram Panchayat. About the all-in-one insurance policy Must read: All-in-one policy plan to spread… Continue reading IRDAI eyes insurance push in rural areas with ‘Bima Vahak’
RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?
Source: The post is based on the article “RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?” published in the Indian Express on 1st June 2023 What is the News? Recently, the Reserve Bank of India (RBI) Governor raised red flags over banks adopting innovative methods for the evergreening of loans. What is the… Continue reading RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?
MeitY launches pilot project on Electronics Repair Services Outsourcing (ERSO)
Source: The post is based on the article “MeitY launches pilot project on Electronics Repair Services Outsourcing (ERSO)” published in the PIB on 31st May 2023 What is the News? The Government has launched the Electronics Repair Services Outsourcing (ERSO) Pilot initiative. What is Electronics Repair Services Outsourcing (ERSO) initiative? Need: Over the next 5 years, India’s… Continue reading MeitY launches pilot project on Electronics Repair Services Outsourcing (ERSO)
Formation water: The green panacea to restore the wastewater disposed during crude oil excavation and processing
Source: The post is based on the article “The green panacea to restore the wastewater disposed during crude oil excavation and processing” published in the PIB on 1st June 2023 What is the News? A recent study found that a mixture consisting of plant-based biomaterial, biosurfactant, and NPK fertilizer can help in efficient restoration of formation water. What… Continue reading Formation water: The green panacea to restore the wastewater disposed during crude oil excavation and processing
BRICS FM meeting in South Africa: What’s on the agenda?
Source: The post is based on the article “BRICS FM meeting in South Africa: What’s on the agenda?” published in the Indian Express on 2nd June 2023 What is the News? External Affairs Minister is in Cape Town, South Africa, to attend a meeting of the foreign ministers of BRICS. What is BRICS? Must read: BRICS-Structure and importance… Continue reading BRICS FM meeting in South Africa: What’s on the agenda?
India, Nepal sign pacts on energy, transport
Source: The post is based on the article “India, Nepal sign pacts on energy, transport” published in The Hindu on 2nd June 2023 What is the News? The Nepalese Prime Minister is on a four-day visit to India. What are the key discussions and agreements signed on India-Nepal relations during the visit? Move forward in bilateral relations: India would take… Continue reading India, Nepal sign pacts on energy, transport
India-Russia joint venture on Vande Bharat trains hits hurdle
Source: The post is based on the article “India-Russia joint venture on Vande Bharat trains hits hurdle” published in The Hindu on 2nd June 2023 What is the News? The joint venture (JV) between Russian transportation giant Transmashholding (TMH) and Indian public sector undertaking (PSU) Rail Vikas Nigam Ltd. (RVNL) to manufacture 120 Vande Bharat Express train sets has run… Continue reading India-Russia joint venture on Vande Bharat trains hits hurdle
Sedition law can be retained but with safeguards: Law Commission
Source: The post is based on the article “Sedition law can be retained but with safeguards: Law Commission” published in The Hindu on 2nd June 2023 What is the News? The 22nd Law Commission of India was headed by Ritu Raj Awasthi. The Commission has said that the sedition needs to be retained, but certain amendments could be made for… Continue reading Sedition law can be retained but with safeguards: Law Commission
