News: Pandemic imperatives require diversification of supplies, but protectionism is not an answer. How does India’s quest for globalization shaping? The covid experience suggests the need for shorter supply chains with more national capacities. The External Affairs Minister (EAM) remarked that India has emerged as a reliable alternative to a resilient supply chain. This was evident… Continue reading About globalization: Mixed signals
Category: PUBLIC
Cabinet approves an incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M)
What is the news? Cabinet has approved an incentive scheme for promotion of Rupay debit cards and low value BHIM-UPI transactions (Person to Merchant) of up to 2000 rupees in the country. This scheme currently has a validity of one year. What is the scheme? Under the scheme, the government will reimburse transaction charges… Continue reading Cabinet approves an incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M)
IMF cues could help the world align crypto rules
News: A recent blog published by the International Monetary Fund (IMF) has called for coordinated regulatory frameworks designed to mitigate crypto risks, on the lines of what India already suggested. The blog post warns of the impact that unregulated proliferation of crypto tokens could have on financial stability, especially in emerging markets. Key points of… Continue reading IMF cues could help the world align crypto rules
Plant protection authority sets right its potato blunder
News: Recently, the Protection of Plant Varieties and Farmers’ Rights (PPV&FR) Authority revoked the registration of PepsiCo’s potato variety FL 2027. It was used in the manufacture of its Lay’s chips. This means that farmers can cultivate this variety freely without the threat of penal action for violating intellectual property rights (IPR). What is the… Continue reading Plant protection authority sets right its potato blunder
On waste management: Zero the way to go
News: Although India’s waste management policy has evolved to suit the changing needs but there are still some gaps. Waste must become a resource that can be reworked, reused and upcycled. This will minimise the use of materials in our world and mitigate environmental damage. What is the relation b/w the nature of waste… Continue reading On waste management: Zero the way to go
Supreme Court cautions against ‘indiscriminate’ use of money laundering law
Contents1 What is the News?2 What was the issue?3 What did the Supreme Court say?4 What is Money Laundering?5 Few Important Provisions of PMLA Act What is the News? The Supreme Court has told the Enforcement Directorate(ED) that indiscriminate use of the Prevention of Money Laundering(PMLA) Act will dilute the relevance of the legislation. What… Continue reading Supreme Court cautions against ‘indiscriminate’ use of money laundering law
UNESCO inscribes ‘Durga Puja in Kolkata’ on the Representative List of Intangible Cultural Heritage of Humanity
What is the news? The Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage has inscribed ‘Durga Puja in Kolkata’ on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. With the inscription of Durga Puja, India now has 14 intangible cultural heritage elements on the prestigious UNESCO Representative List of ICH… Continue reading UNESCO inscribes ‘Durga Puja in Kolkata’ on the Representative List of Intangible Cultural Heritage of Humanity
Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
What is the news? The Union Cabinet has approved a scheme to boost semiconductor and display manufacturing in the country. About Scheme for Development of Semiconductors and Display Manufacturing Ecosystem Aim: To provide attractive incentive support to companies that are engaged in Silicon Semiconductor Fabs (Fabrication plants), Display Fabs, Compound Semiconductors / Silicon Photonics /… Continue reading Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
IIT-K develops first-of-its-kind soil testing device
What is the news? IIT Kanpur has developed a Portable Soil Testing Device named ‘Bhu Parikshak’. What is Bhu Parikshak? Bhu Parikshak is a portable soil testing device that can detect soil health in just 90 seconds through an embedded mobile application. The device is based on Near Infrared Spectroscopy technology that can provide real… Continue reading IIT-K develops first-of-its-kind soil testing device
India’s first and one of world’s largest Green Hydrogen Microgrid Projects to be set up at Simhadri
What is the news? NTPC Ltd has awarded a project of “Standalone Fuel-Cell based Micro-grid with hydrogen production using an electrolyser in NTPC Guest House at its Simhadri plant in Andhra Pradesh. About Green Hydrogen Microgrid Project It is India’s first Green Hydrogen based Energy Storage Project. Under this project, hydrogen would be produced using… Continue reading India’s first and one of world’s largest Green Hydrogen Microgrid Projects to be set up at Simhadri
