Monthly Archives: June 2022

ETALIN HYDRO POWER PROJECT

Wildlife scientists and conservationists in Arunachal Pradesh flagged threats to local biodiversity from the proposed Etalin hydroelectric (3,097 MW) project in Dibang Valley. To raise the issue,they approached the Forest Advisory Committee (FAC) under the Union Ministry of Environment, Forest and Climate Change (MoEF&CC). WildLIfe Institute of India (WII)and the National Tiger Conservation Authority (NTCA) have suggested …

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INDIA-ISRAEL RELATIONS

Recently, Israel’s Deputy Prime Minister and Defence Minister visited India and held bilateral Meetings and agreed to deepen defence ties. The two Ministers presented a joint declaration marking 30 years of Israel-India relations. The declaration reiterated the commitment of both the countries to deepen defence ties. Both sides adopted the India-Israel …

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MAP OF THE MOON

MAP OF THE MOON Recently, the United States Geological Survey (USGS) in partnership with National Aeronautics and Space Administration (NASA)and the Lunar Planetary Institute has released a new comprehensive map of the Moon, called the ‘Unified Geologic Map of the Moon’. The new map showcases the Moon in a 1:50,00,000-scale size, and is claimed to come …

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AUSTRALIA INDIA WATER SECURITY INITIATIVE

The Union Cabinet has approved a MoU (Memorandum of Understanding) between India and Australia on Technical Cooperation for Australia –India water Security initiative (AIWASI). AIWASI is a project Under South Asia Water Security Initiative (SAWASI) of Department of Foreign Affairs and Trade (DFAT), Australia. It aims to work towards the Water Sensitive City vision which …

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GOOD GOVERNANCE

While launching an Integrated Credit Portal ‘Jan Samarth”, Prime Minister said that India is moving ahead with the approach of Citizen-Centric Governance, which is the fundamental aspect of Good Governance, leaving behind the government-centric approach. The portal, an initiative of the Ministry of Finance, is a one-stop gateway for over a dozen of the government’s credit-linked schemes directly …

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NATIONAL ASSET RECONSTRUCTION COMPANY

Recently, the Ministry of Finance has announced that the National Asset Reconstruction Company (NARCL)along with the India Debt Resolution Company (IDRCL) will take over the first set of bad loans from banks and try to resolve them. The health of the balance sheets of Indian banks has improved significantly over the …

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MSP FOR THE KHARI SEASON 2022-23

Recently, the Centre has approved the Minimum Support Prices (MSP) for the Khari season 2022-23, stating that the rates are at least 1.5 times of the weighed average cost of production. The rates for 14 Kharif crops have been increased, the hikes ranging from 4% to 8%. Kharif Season Crops are sown from June to July and Harvesting …

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CORE SECTOR OUTPUT

India’s eight core sector industries showed a robust growth of 8.4% in April compared to 4.9% in March 2022. The eight core sector industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP). The eight core sector industries in decreasing order of their weightage are: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural …

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LIQUID NANO UREA

Recently, the Prime Minister inaugurated the first Liquid Nano Urea(LNU) plant at Kalol, Gujarat. It is Indigenous Urea, introduced firstly by the Indian Farmers Fertiliser Cooperative Limited (IFFCO) for farmers across the world. It is one of India’s biggest cooperative societies which is wholly owned by Indian Cooperatives Founded in 1967 with just 57 cooperatives, today it is …

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CASTE BASED CENSUS

Recently, Bihar government has announced that it will undertake a socio-economic survey of all castes and communities (SECC). The origin of the Census in India goes back to the colonial exercise of 1881. Census has evolved and been used by the government, policymakers, academics, and others to capture the Indian population, access resources, map …

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