Yearly Archives: 2021

BALLISTIC MISSILE ‘AGNI PRIME’

Recently, the Defence Research and Development Organisation (DRDO) successfully test-fired the new generation nuclear-capable ballistic missile ‘Agni Prime’. This is the second test of the missile, the first test took place in June 2021. The Agni-P missile aims to further strengthen India’s credible deterrence capabilities. Important points: Agni-P is a …

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INDIA-CENTRAL ASIA DIALOGUE

Recently, the 3rd meeting of the India-Central Asia Dialogue was held in New Delhi. It is a ministerial-level dialogue between India and the Central Asian countries namely Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. India virtually hosted the second meeting of the India-Central Asia Dialogue in 2020. Important points: Emphasis on …

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CHALCOLITHIC CULTURE INDIA

Recently, Archaeological Survey of India (ASI) carried out excavations at two prominent sites of Chalcolithic affiliations in Central India (Eran, district Sagar and at Tewar, district Jabalpur) in the state of Madhya Pradesh. Important points: The end of the Neolithic period saw the use of metals. Several cultures were based …

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ALGO TRADING

Recently, the Securities and Exchange Board of India (SEBI) has issued a discussion paper on regulating Algorithmic or Algo Trading, or trades generated out of automatic execution and logic. Algo Trading Almost everything in the digital world is based on algorithms. Algorithms leverage user data, behaviour and usage patterns, and …

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SEMICONDUCTORS MANUFACTURING ECOSYSTEM

Recently, the Ministry of Electronics and Information Technology (MeitY) has approved a comprehensive Program for the Development of Semiconductors and Display Manufacturing Ecosystems in the country. The government proposes to provide incentives worth Rs 76,000 crore for the development of semiconductors and display manufacturing ecosystems over the next six years. …

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BIOLOGICAL DIVERSITY (AMENDMENT) BILL, 2021

Recently, the Biological Diversity (Amendment) Bill, 2021 was tabled in the Parliament. The amendments seek to decriminalise certain provisions and bring more foreign investments in the chain of biological resources, including research, patent and commercial utilisation, without compromising the national interest. However, opposition parties have cited concerns over the bill …

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INDO-DANISH BILATERAL GREEN STRATEGIC PARTNERSHIP

Recently, the second edition of water innovation challenges was announced to address the global water woes through innovations. Important points: It was announced by the Atal Innovation Mission, NITI Aayog and the Royal Embassy of Denmark to India as part of the Indo-Danish Bilateral Green Strategic partnership in 2020. An …

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NUCLEAR POWER

Recently, the Centre has given in-principle (first step) approval for setting up of six nuclear power reactors at Jaitapur in Maharashtra. The Jaitpur Project is a key component of the strategic partnership between India and France. Nuclear Power Nuclear power is clean and environment friendly, apart from having a “huge …

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PRADHAN MANTRI KRISHI SINCHAYEE YOJNA

Recently, the Cabinet Committee on Economic Affairs (CCEA) approved the extension of the Pradhan Mantri Krishi Sinchayee Yojna (PMKSY) till 2026, with an outlay of Rs 93,068 crore. The government also approved the Accelerated Irrigation Benefit Programme (AIBP), Har Khet ko Pani (HKKP), and watershed development components of the PMKSY …

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BANKING LAWS (AMENDMENT) BILL 2021

Recently, the government has decided to have a relook at some key aspects of Banking Laws (Amendment) Bill 2021 – which aims to Privatise Two Public Sector Banks (PSBs) – during the Winter session of Parliament. In the last session, the government passed a bill that will allow the privatisation …

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