GS3

Nanosniffer

Union Minister launched NanoSniffer, a microsensor based explosive trace detector. What is NanoSniffer? NanoSniffer is the world’s first microsensor based Explosive Trace Detector (ETD) developed by NanoSniff Technologies, an IIT Bombay incubated startup. NanoSniffer has been marketed by Vehant Technologies, a spin-off from a former IIT Delhi incubated startup Kritikal …

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Pre-Packaged Insolvency Resolution Process (Ppirp)

Insolvency and Bankruptcy Board of India (IBBI) issued regulations to operationalise pre-packs. Insolvency regulator IBBI issued regulations to help operationalise the pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises (MSMEs). The IBBI notified the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution …

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Central Mine Planning and Design Institute Gets Drone Use Permission

The Ministry of Civil Aviation recently granted permission to the Central Mine Planning Design Institute to survey the coal field areas of Coal India Limited. According to the permission granted, the drones shall be deployed to monitor the mapping and surveying activity, inspection of coalfield. This is a conditional exemption …

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Kvic’s Re-Hab Project

The Ministry of Road Transport and Highways Shri Nitin Gadkari recently announced that the project of Khadi and Village Industries (KVIC) called RE-HAB has become a huge success. Thus, it is to be implemented in other states as well. This includes Odisha, West Bengal, Jharkhand, Assam, Chhattisgarh, Tamil Nadu, and …

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Net-Zero Goal

John Kerry, the US President’s Special Envoy on Climate, is currently on a three-day visit to India. One of the objectives of Kerry’s visit is to explore whether India can agree to the possibility of pledging itself to a 2050 net-zero goal. Important points: Net-zero, which is also referred to …

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G-Sap: Securities Acquisition Plan for Market Boost

The Reserve Bank of India (RBI) has put in place a secondary market Government Security Acquisition Programme (G-SAP) 1.0 for orderly evolution of the yield curve in FY22. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). Importance : The …

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Muon G–2

Newly published results of an international experiment hint at the possibility of new physics governing the laws of nature. Important points: The results of the experiment, which studied a subatomic particle called the muon, do not match the predictions of the Standard Model, on which all particle physics is based, …

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Left-Wing Extremism

Recently, a combing operation in the Tekulguda region of Bastar, Chhattisgarh went terribly wrong and resulted in the death of 22 security personnel and many more wounded. This tragic incident is a major setback to India’s internal security (IS) capability at many levels and highlights the challenge that left-wing extremism (LWE) continues …

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G-SEC Acquisition Programme – G-Sap 1.0

The Reserve Bank of India recently announced a Government Security Acquisition Programme, GSAP 1.0. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). The first purchase of Rs 25,000 crore is to be made on April 15, 2021. …

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RBI Consumer Confidence Index

The Reserve Bank of India recently released the report of Consumer Confidence Survey. The survey was conducted in major cities of the country over 5,000 respondents. Key Highlights of the survey The Consumer Confidence Index declined from 55.5 points in January 2021 to 53.1 points in March 2021. The Future …

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