Source: Livemint Relevance: Factoring will be one of the measures to revive MSMEs. Synopsis: Recently, the Lok Sabha cleared the Factoring Regulation (Amendment) Bill that aims to support this sector. Introduction: Micro, small and medium enterprises (MSMEs) persistently face payment delays from large clients. This hurdle will be tackled by factoring businesses. What is factoring business? When… Continue reading How the factoring business can help small companies
Government developed indigenous climate model to predict the impact of climate change on monsoon in the country
Source: PIB What is the News? The Ministry of Earth Sciences has developed an state-of-the-art Earth System Model(ESM) known as the IITM-ESM. About the Earth System Model(ESM) named IITM-ESM: IITM-ESM is an indigenous climate model developed to predict the impact of climate change on the monsoon in the country. Developed by: The model has been… Continue reading Government developed indigenous climate model to predict the impact of climate change on monsoon in the country
Theatre Commander under Chief of Defence Staff is not a good idea
Source: Indian Express Relevance: Issues pertaining with reorganisation of operational assets of the three services into four theatre commands. Synopsis: Forming a separate air defence command for the air defence of the entire nation seems an impractical idea considering our resource limitations. Background The government is reportedly planning to re-organise the military into a theatre… Continue reading Theatre Commander under Chief of Defence Staff is not a good idea
What is Nauka, the module Russia is sending to the International Space Station?
Source: Indian Express What is the News? Russia has launched the Nauka module from the Baikonur Cosmodrome in Kazakhstan using a Proton rocket. About Nauka Module: Nauka is the Russian word for ‘Science’. It will serve as Russia’s main research facility on the International Space Station(ISS). The module will replace Pirs, a Russian module on… Continue reading What is Nauka, the module Russia is sending to the International Space Station?
Parliament passes landmark ‘Marine Aids to Navigation Bill 2021’
Source: PIB Introduced: Lok Sabha (15th March) Passed: Lok Sabha (22nd March) Passed: Rajya Sabha (27th July) Present status: Received the assent of the President on the 31st July 2021. About the Marine Aids to Navigation Bill 2021. Aim: To replace the 90-year-old Lighthouse Act 1927. Background: The administration and management of Lighthouse and Lightships… Continue reading Parliament passes landmark ‘Marine Aids to Navigation Bill 2021’
National Organ Transplant Programme(NOTP)
Source: PIB What is the News? A National Level Tissue Bank(Biomaterial Centre) for storing tissues has been established at National Organ and Tissue Transplant Organisation(NOTTO), New Delhi, under National Organ Transplant Programme(NOTP). About National Organ Transplant Programme(NOTP): National Organ Transplant Programme(NOTP) aims to promote organ donation and transplantation across all States/Union Territories (UTs). Implementing Agency:… Continue reading National Organ Transplant Programme(NOTP)
James Webb Telescope in the centre of LGBT debate
Source: Indian Express What is the News? NASA is set to launch James Webb Space Telescope(JWST). But before it launches, NASA has to decide whether to rename the telescope. This is because James Webb after whom the telescope is named was alleged to have persecuted homosexuals when he had worked for the government. About James… Continue reading James Webb Telescope in the centre of LGBT debate
No landless farmers in new database
Source: The Hindu What is the News? The Government of India has announced plans to set up a National Farmer’s Database. About National Farmers Database: Government of India aims to create a National Farmer’s Database using digitized land records to offer proactive and personalised services to farmers. The database will initially only include land owning… Continue reading No landless farmers in new database
Dholavira in Gujarat on UNESCO World Heritage list
Source: The Hindu What is the News? The Harappan city of Dholavira, in present-day Gujarat, has been named the 40th Indian site on UNESCO’s World Heritage list. The site had been on UNESCO’s tentative list since 2014 and India had submitted its dossier in January 2020. About Dholavira: Dholavira is an archaeological site of a… Continue reading Dholavira in Gujarat on UNESCO World Heritage list
Capacity Building Initiative on Making Water Sensitive Cities In Ganga Basin Launched
Source: PIB What is the News? A new capacity-building initiative on ‘Making water sensitive cities in Ganga basin’ has been launched. About “Making water sensitive cities in Ganga basin” Initiative: The initiative has been launched by National Mission for Clean Ganga (NMCG) in association with Centre for Science and Environment (CSE). Aim of the Initiative:… Continue reading Capacity Building Initiative on Making Water Sensitive Cities In Ganga Basin Launched
