Daily Archives: June 17, 2021

HALLMARKING OF GOLD JEWELLERY

Recently, the Ministry of Consumer Affairs, Food & Public Distribution made it mandatory for the hallmarking of gold jewellery, which will be implemented in a phased manner. Important points: The Bureau of Indian Standard (BIS) which operates the gold and silver hallmarking scheme in India, defines hallmarking as the “accurate …

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ASEAN DEFENCE MINISTERS MEETING

Recently, the defence minister addressed the 8th ASEAN Defence Ministers Meeting (ADMM) Plus. The ADMM-Plus is a platform for ASEAN and its eight Dialogue Partners. Important points: India called for an open and inclusive order in Indo-Pacific based upon respect for sovereignty and territorial integrity of nations. Supports freedom of …

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WHO REPORT ON CHILDREN AND DIGITAL DUMPSITES

The World Health Organization (WHO) in its recent report “Children and Digital Dumpsites” has underlined the risk that children working in informal processing are facing due to discarded electronic devices or e-waste. There are as many as 18 million children (as young as five years) and about 12.9 million women …

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INDIA- SRI LANKA RELATIONS

Recently, India has signed an agreement extending a USD 100 million Line of Credit (LOC) to Sri Lanka for projects in the Solar Energy Sector. The LOC is for a period of 20 years, with an interest of 1.75%. The agreement was signed between the Government of Sri Lanka and …

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CHENNAI – KANYAKUMARI INDUSTRIAL CORRIDOR

Recently, the Asian Development Bank (ADB) and the Government of India signed a USD 484 million loan for the Tamil Nadu Industrial Connectivity Project. The loan is to improve transport connectivity and facilitate industrial development in the Chennai – Kanyakumari Industrial Corridor (CKIC) in the state of Tamil Nadu. It …

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DEFENCE PUBLIC SECTOR UNDERTAKINGS (DPSU)

Recently, the Union Cabinet approved a plan to corporatise the Ordnance Factory Board (OFB). Important points: 41 factories across the country will be dissolved into seven new Defence Public Sector Undertakings (DPSU). The newly created entities will be 100% owned by the government. These entities will be responsible for different …

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BLUE ECONOMY POLICY

Recently, the Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Earth Sciences (MoES) on the Deep Ocean Mission (DOM). The blueprint of the DOM to explore the deep recesses of the ocean was unveiled in 2018. Earlier, MoES had also rolled out the draft Blue …

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