What is the News? Oil India Limited(OIL) has commissioned India’s First pure Green Hydrogen pilot plant at its Jorhat Pump Station in Assam. About India’s First pure Green Hydrogen plant Located at: Jorhat Pump Station in Assam Process: The plant produces Green Hydrogen from the electricity generated by the existing 500kW Solar plant using a… Continue reading India’s first pure green hydrogen plant commissioned in Jorhat
Category: Daily Factly articles
Explained: How government procures wheat
What is the News? The procurement of wheat is underway in several states. Why does the Government procure Wheat? The Government policy of procurement of Food grains such as rice, wheat, and coarse grains has broad objectives of ensuring Minimum Support Price(MSP) to the farmers and availability of food grains to the weaker sections at… Continue reading Explained: How government procures wheat
What is the Blue Blob?
What is the News? According to a study, the Blue blob may have helped temporarily stall the melting of Arctic sea ice. However, the study has also stated that the effects of climate change will catch up to the massive ice chunks if temperatures are not kept in check. What is Blue Bob? It is… Continue reading What is the Blue Blob?
NITI Aayog Releases Draft Battery Swapping Policy for Stakeholder Comments
What is the News? Niti Aayog has released the Draft Battery Swapping Policy. What is battery swapping? Battery swapping is a mechanism that involves exchanging discharged batteries for charged ones. Battery swapping offers three key advantages relative to charging: It is time, space, and cost-efficient provided each swappable battery is actively used. What is the… Continue reading NITI Aayog Releases Draft Battery Swapping Policy for Stakeholder Comments
India Post Payments Bank launches ‘Fincluvation’
What is the News? India Post Payments Bank(IPPB) has announced the launch of Fincluvation. What is Fincluvation? Fincluvation is a joint initiative to collaborate with the Fintech Startup community to co-create and innovate solutions for financial inclusion. Launched by: India Post Payments Bank(IPPB) and Department of Post(DoP). Tracks: Under the initiative, startups are encouraged to… Continue reading India Post Payments Bank launches ‘Fincluvation’
Explained: What are Digital Banking Units, and what services will they provide?
What is the News? The Finance Minister has reiterated her Budget announcement on setting up 75 digital banking units in 75 districts of the country this year. What are Digital Banking Units(DBU)? DBU is a specialized business unit of a bank that houses certain minimum digital banking products and services. A bank can offer specialized… Continue reading Explained: What are Digital Banking Units, and what services will they provide?
Scientists discover new eel species from Kerala, Bengal
What is the News? A group of Indian scientists have discovered a new species of eel named “Ariosoma indicum” from the Kalamukku and Digha Mohana fishing harbours in Kerala and West Bengal respectively. What is Ariosoma indicum? Ariosoma Indicum is an eel species that belongs to the Congrid eels group. The term Indicum means that… Continue reading Scientists discover new eel species from Kerala, Bengal
LAUNCH OF SIXTH SCORPENE SUBMARINE ‘VAGSHEER’ AT MAZAGON DOCK LIMITED (MDL)
What is the News? The Defence Secretary has launched INS Vagsheer. It is the last of the Scorpene-class submarines made under Project 75 and can join the Navy fleet within 12-18 months after sea trials. What is INS Vagsheer? INS Vagsheer is the sixth submarine of Project 75 of the Indian Navy. Manufactured by: Mazagon… Continue reading LAUNCH OF SIXTH SCORPENE SUBMARINE ‘VAGSHEER’ AT MAZAGON DOCK LIMITED (MDL)
Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public
What is the News? The government of India has released the Nidhi (amendment) Rules, 2022. This amendment brings changes to the Nidhi Rules,2014 to safeguard the interest of the general public. What are Nidhi Companies? Nidhi companies are a type of non-bank lenders that raise funds exclusively from their members and give loans to them… Continue reading Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public
Explained: Life and legend of Guru Tegh Bahadur, who stood up to the Mughals
What is the News? The Prime Minister will participate in the celebrations of the 400th Parkash Purab of Sri Guru Tegh Bahadur Ji at Red Fort in New Delhi. Who was Guru Tegh Bahadur? Born in: Amritsar in 1621 to Mata Nanki and Guru Hargobind, the sixth Sikh guru. He was the ninth of ten… Continue reading Explained: Life and legend of Guru Tegh Bahadur, who stood up to the Mughals
