FY 2019-20 $ 150 Billion FY 2020-21 $ 151 Billion FY 2021-22 $ 178 Billion Software Technology parks of India (STP) Scheme: Software Technology Parks of India (STPI), an autonomous society under Ministry of Electronics and Information Technology is implementing Software Technology parks of India (STP) Scheme, which is a …
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GEOLOGICAL SURVEY OF INDIA
Geological Survey of India has for the first time established Lithium inferred resources (G3) of 5.9 million tonnes in Salal-Haimana area of Reasi District of Jammu & Kashmir (UT). This report along with 15 other resource bearing geological reports (G2 & G3 stage) and 35 Geological memorandums were handed over …
Read More »PRADHAN MANTRI KRISHI SINCHAYEE YOJANA
Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) is an umbrella scheme, consisting of two major components being implemented by this Ministry, namely, Accelerated Irrigation Benefit Programme (AIBP), and Har Khet Ko Pani (HKKP). HKKP, in turn, consists of four sub-components: Command Area Development & Water Management (CAD&WM); Surface Minor Irrigation (SMI); …
Read More »GREENFIELD AIRPORTS OPERATIONS
Government of India has formulated a Greenfield Airports (GFA) Policy, 2008 which provides detailed guidelines, procedures and steps related to construction of Greenfield airports across the country. Under the GFA Policy, the project proponent- an airport developer or the respective State Government willing to establish a Greenfield airport is required …
Read More »INDIA MUST AVOID GROWING INTO A DYSTOPIA
The Budget that was presented recently, has received almost universal praise in the English language media. Clearly, those who praise it are happy with their own economic situation or at least view their economic future as bright. How representative this cohort is is moot. Anyhow, they see the Budget as …
Read More »PRICE STABILITY AND ECONOMIC RECOVERY
The Reserve Bank of India’s decision to raise its benchmark policy rate yet again, albeit by a smaller quarter percentage point, reflects a welcome resolve in staying committed to ensuring durable price stability. Given that the Monetary Policy Committee’s primary mandate is to steer retail inflation towards a 4% target, …
Read More »SMALL SATELLITE LAUNCH VEHICLE-D2
The Indian Space Research Organisation (ISRO) will undertake the second development flight of the Small Satellite Launch Vehicle (SSLV) on Friday from Sriharikota. The SSLV-D2 will lift off at 9.18 a.m. from the first launch pad at the Satish Dhawan Space Centre-SHAR, Sriharikota. The vehicle is intended to inject the …
Read More »ISRO’S SSLV-D2 LAUNCH: THE MINI VEHICLE’S SECOND FLIGHT
It was ISRO’s first launch of 2023. In its second development flight , the Small Satellite Launch Vehicle (SSLV-D2) was launched successfully from the first launch pad at the Satish Dhawan Space Centre SHAR, Sriharikota, Andhra Pradesh. It will place the Indian Space Research Organisation (ISRO) earth observation satellite EOS-07 …
Read More »CHILD MARRIAGE AND SCHOOL DROPOUTS –ASSAM CASE STUDY
Crackdown on child marriage doesn’t address real causes: girls’ education & women’s jobs Thousands are being arrested in Assam as part of a crackdown on child marriage even though studies from across the world and in India have shown that educational attainment and socio-economic status of a household are the …
Read More »TAPAS -BH
India’s first indigenous advanced unmanned aerial vehicle (UAV) for strategic reconnaissance and surveillance will make its public debut next week, while another home-grown Weaponised drone is also slated to undertake its first flight test by June-July. The Tapas-BH (tactical aerial platform for advanced surveillance-beyond horizon) drone, developed by DRDO with …
Read More »CONTAINER TO CLOTHING
At a time when clean and conscious living is the mantra, the fashion industry is going green with PET (Polyethylene Terephthalate) bottles now being recycled into comfortable, everyday wear. This way, the industry says, it is not just reducing the amount of plastics in the environment, but the process utilises …
Read More »THE STATUS AND PROCEEDS OF DISINVESTMENT
In the Union Budget for 2023-24, the government has set a disinvestment target of ₹51,000 crore, down nearly 21% from the budget estimate for the current year and just ₹1,000 crore more than the revised estimate. It is also the lowest target in seven years. Moreover, the Centre has not …
Read More »KEY TRIALS FOR GAGANYAAN CONDUCTED
The Indian Space Research Organisation (ISRO), along with the Indian Navy, has conducted an important trial for the Gaganyaan, human space flight mission. On Tuesday, they carried out initial recovery trials of the Crew Module in the Navy’s Water Survival Test Facility (WSTF) in Kochi. “The trials were part of …
Read More »COW HUG DAY
Board of India (AWBI) wants to name February 14 as Cow Hug Day and has appealed to the public to embrace cows, claiming that it would bring “emotional richness” and increase “individual and collective happiness”. Dairy farmers, on the other hand, alleged that the Board did not even help them …
Read More »RBI LIFTS LOAN COSTS TO TAME INFLATION
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Wednesday raised the benchmark lending rate by 25 basis points (bps) to 6.5% as the RBI targets persistently high core or underlying inflation that it sees as a risk to the improving outlook for the economy. Observing that …
Read More »CAR T-CELL THERAPY
The three major forms of treatment for any cancer are surgery (removing the cancer), radiotherapy (delivering ionising radiation to the tumour), and systemic therapy (administering medicines that act on the tumour). Surgery and radiotherapy have been refined significantly over time whereas advances in systemic therapy have been unparalleled. A new …
Read More »FISCAL CONSOLIDATION IN THE CONTEXT OF THE BUDGET
Growth is affected by the size of government expenditure and its revenue and capital components. Government expenditure is budgeted to grow at 7.5% while nominal GDP growth is estimated to fall from 15.4% in 2022-23 to 10.5% in 2023-24. Thus, the total expenditure relative to GDP is shown to fall …
Read More »INDIA STANDS ON NET-ZERO BY 2070
Union Minister of Environment, Forest and Climate Change, Shri Bhupender Yadav today addressed the Ministerial Session on ‘Adapting to an Uncertain Future: Reshaping of Global Partnerships’ at India Energy Week in Bengaluru. To reshape the global partnership, India has adopted a “whole-of-society” approach with governments engaging at national, sub-national and …
Read More »ONE DISTRICT ONE PRODUCT-DISTRICTS AS EXPORT HUBS
One District One Product-Districts as Export Hubs (ODOP-DEH) has mapped and tagged the overlapping products in Taj Hotels’ in-house luxury store, Khazana. The launch of this initiative was held in New Delhi today. On the occasion the ODOP-DEH launch and appreciated the variety of products on display, from across the …
Read More »PRIMARY AGRICULTURAL CREDIT SOCIETIES (PACS)
PACS are village level cooperative credit societies that serve as the last link in a three-tier cooperative credit structure headed by the State Cooperative Banks (SCB) at the state level. Credit from the SCBs is transferred to the district central cooperative banks, or DCCBs, that operate at the district level. …
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