Infrastructure development and eco-conservation should go hand-in-hand

Source: The Hindu Relevance: Balancing economic development with environmental conservation. Synopsis: Infrastructural development, though necessary, must be rooted in regional ecological and environmental realities. Contents1 Context2 Background3 Present scenario4 Way forward Context Infrastructure development in the Himalayan region such as Hydropower is disturbing fragile ecosystem and leading to issues such as landslips, avalanches and the… Continue reading Infrastructure development and eco-conservation should go hand-in-hand

Defence Testing Infrastructure Scheme

Source: PIB What is the News? In order to boost domestic defence and aerospace manufacturing, the Ministry of Defence (MoD) has launched the Defence Testing Infrastructure Scheme (DTIS). About Defence Testing Infrastructure Scheme (DTIS): Launched by: Ministry of Defence in 2020. Aim: To create a state-of-the-art testing infrastructure in partnership with the private industry.  Key… Continue reading Defence Testing Infrastructure Scheme

‘Gati Shakti’ master plan to give Rs 100-trillion infrastructure boost

Source: Business Standard (Article 1, Article 2), Times of India and Livemint What is the News? The Prime Minister has announced that the Centre will soon launch the ‘PM Gati Shakti Master Plan’. About PM Gati Shakti Master Plan: PM Gati Shakti Master Plan is a 100 lakh crore national infrastructure master plan. It aims… Continue reading ‘Gati Shakti’ master plan to give Rs 100-trillion infrastructure boost

Connecting India by inland waterways

Source: Indian Express  Relevance: Infrastructure development, Inland waterways  Synopsis: Recently, Parliament passed a new law to bring uniformity in the rules and regulations governing inland waterways and navigation on them. The Inland Vessels Bill, 2021 replaces the century-old Inland Vessels Act, 1917. Contents1 Background2 Issues with the 1917 Act3 Aim and objective of the bill4 Key features of the Inland Vessels Bill, 2021… Continue reading Connecting India by inland waterways

Government signs US$ 250 Million Loan Agreement for Second phase of Dam Rehabilitation & Improvement Project (DRIP)

SOURCE : PIB Contents1 What Is The News?2 Status Of Dams In India –3 About Dam Rehabilitation and Improvement Project:4 Significance Of the Project – What Is The News? In order to enhance water security in the country and support sustainable development, the Government of India today signed a $250 million loan agreement with World… Continue reading Government signs US$ 250 Million Loan Agreement for Second phase of Dam Rehabilitation & Improvement Project (DRIP)

Airports Economic Regulatory Authority of India Bill 2021 passed in Parliament

Source: PIB What is the News? Parliament has passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021. Purpose of the Bill: The bill seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. The 2008 Act established the Airport Economic Regulatory Authority (AERA). AERA regulates tariffs and other charges (such as… Continue reading Airports Economic Regulatory Authority of India Bill 2021 passed in Parliament

Black topping of world’s highest motorable road near LAC completed

Source: The Hindu What is the News? Border Roads Organisation (BRO) has constructed and completed black topping of the world’s highest motorable road at Umling La Pass in Eastern Ladakh. The road was built under the ‘Project Himank’. About Project Himank: Project Himank is a project of the Border Roads Organisation(BRO) in the Ladakh region… Continue reading Black topping of world’s highest motorable road near LAC completed

Subsidy scheme for shipping firms approved

Source: The Hindu and PIB Relevance: The article highlights one of the challenges with Indian shipping industry and the new government scheme to tackle it. Contents1 Synopsis:2 Challenges with the Indian Shipping industry at present:3 About the scheme:4 Key features of the scheme:5 The expected outcome of the scheme: Synopsis: Cabinet has recently approved a scheme… Continue reading Subsidy scheme for shipping firms approved

Reviving the Airline Sector

Synopsis: The government and industry should collaborate to develop a sustainable restart strategy.  Governments need to come up with consistent policies based on evidence. While the industry should do whatever it can to reinstate passenger confidence and embrace new ways of making revenue.  Background: Airlines have been battling uncertainty since March 2020. In April 2020,… Continue reading Reviving the Airline Sector

Centre to sell its entire stake in Dredging Corporation

Centre to sell its entire stake in Dredging Corporation News: The Cabinet Committee on Economic Affairs (CCEA) has approved divestment of its entire 73.44 percent stake in Dredging Corporation of India to a consortium of four ports. Important Facts: 2. The consortium of four ports are namely Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal… Continue reading Centre to sell its entire stake in Dredging Corporation

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