Daily Archives: January 17, 2022

PASSEX EXERCISE

Recently, India’s INS Kochi and Russian ships engaged in the international Passage Exercise (PASSEX). A passage exercise is normally undertaken whenever an opportunity arises, in contrast to pre-planned maritime drills. Earlier, Indian Naval ships conducted PASSEX with the US Navy also. Important points: Russia’s inclusion as a dialogue partner of …

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NATIONAL STARTUP AWARDS 2021

Recently, the Union Minister of Commerce & Industry presented the second edition of National Startup Awards 2021. It was also announced that 16th January (Startup India Initiative was launched on this day in 2016) will be celebrated as National Start-up Day, to take the Startup culture to the far flung …

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CHOKEHOLD

Recently, the US has proposed a law aiming to end China’s alleged “chokehold” on rare-earth metal supplies. The Bill aims to “protect the US from the threat of rare-earth element supply disruptions, encourage domestic production of those elements, and reduce its reliance on China. The law would require the creation …

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INCENTIVE FOR SEMICONDUCTORS

The Ministry of Electronics and Information (MeitY) is seeking applications from 100 domestic semiconductor chip design firms, companies, start-ups and Micro, Small and Medium Enterprises (MSMEs) under its Design Linked Incentive (DLI) Scheme. The DLI scheme is part of the MeitY’s comprehensive Program for the Development of Semiconductors and Display …

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