Daily Archives: April 9, 2022

MISSILE PROPULSION SYSTEM

Recently, India successfully flight tested Solid Fuel Ducted Ramjet (SFDR) Booster, a missile system, at the Integrated Test Range (ITR) in Chandipur off the Odisha coast. The Defence Research and Development Organisation (DRDO) began developing SFDR first in 2017 and had conducted successful tests in 2018 and 2019 as well. It is a …

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WORLD FOOD PRICE INDEX: FAO

According to the UN Food and Agriculture Organization’s (FAO), the World food price index averaged 159.3 points in March, breaking an earlier record of 137.6 points scaled 11 years ago in February 2011. Reasons of Global Food Price Surge The FAO index has exhibited huge volatility in the last two years through the Covid-19 pandemic and …

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AUTOMATIC COMPRESSED BIOGAS (CBG) PLANT

Recently, the Noida authority announced that they might shift the plant to another location that was supposed to be the site for a Sewage Treatment Plant (STP) after residents protested against the setting up of an Automatic Compressed Biogas (CBG) plant. Biogas It mainly comprises hydro-carbon which is combustible and can produce heat and energy …

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DALAI LAMA’S CENTRAL TIBETAN RELIEF COMMITTEE (CTRC)

The Union government has extended the scheme to provide Rs.40 crore grants-in-aid to the Dalai Lama’s Central Tibetan Relief Committee (CTRC) for another five years, up to fiscal year 2025-26. The scheme provides for an annual grant of Rs.8 crore to CTRC to meet the administrative expenses of Settlement Offices and social welfare expenses for …

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REPO RATE – UNCHANGED AT 4%

Recently, for the eleventh time in a row, the Reserve Bank of India (RBI) in its latest Monetary Policy review has decided to keep the main policy rate – Repo rate – unchanged at 4%. It has also retained its accommodative stance, but indicated it will engage in a gradual and calibrated withdrawal of surplus …

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FOREIGN CONTRIBUTION (REGULATION) AMENDMENT ACT (FCRA), 2020.

Recently, the Supreme Court (SC) upheld the constitutional validity of the Foreign Contribution (Regulation) Amendment Act (FCRA), 2020. It held that receiving foreign donations cannot be an absolute right and can be regulated by the Parliament. In 2020, the Indian government had proposed amendments to the FCRA, which imposed new restrictions on how Non-Governmental Organisations (NGOs), individuals, and other organisations …

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