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BHASHINI

Recently, the Ministry of Electronics and IT conducted a brainstorming session with Researchers and Start-ups aimed to shape strategy for Digital India BHASHINI [BHASHa INterface for India]. The government intends to integrate start-ups’ innovation, development and consumption of technology. Digital India BHASHINI is India’s Artificial Intelligence (AI)led language translation platform. A Bhashini Platform will make Artificial …

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E-WASTE E-WASTE MANAGEMENT

The Ministry of Environment, Forest and Climate Change has released the draft notification for Electronic Waste Management for public feedback. India has a formal set of rules for electronic waste management, first announced these rules in 2016 and amended it in 2018. The latest rules are expected to come into effect by August 2022. Earlier, …

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RBI’S LIBERALISED REMITTANCE SCHEME

Total outward Remittances, under the RBI’s Liberalised Remittance Scheme, shot up to an all-time high of USD 19.61 billion in the year ended March 2022 as against USD 12.684 billion in March 2021. Foreign exchange, including the US dollar and euro, taken out of the country by resident Indians has shot up by 54.60% during …

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WORLD OF WORK REPORT 2022

Recently, the International Labour Organization(ILO) has released the Ninth Edition of ILO Monitor on the World of Work Report, which says that after significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8% below the employment situation before the Covid-19. The fresh lockdowns in …

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STATE OF INDIAN METAL INDUSTRY

Recently, ASSOCHAM (Associated Chambers of Commerce and Industry of India) has organized a conference named Indian Metal Industry: Current Outlook and Future Trends. With the emergence of economies driven by industrialisation at the beginning of the twentieth century, countries with sound metal industries benefited from a first-mover advantage. Metals have been one of the core …

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DEEP NEURAL NETWORK (DNN)

The adoption of Artificial Intelligence (AI) chips have risen in recent times with chipmakers designing different types of these chips to power AI applications. AI chips are built with specific architecture and have integrated AI acceleration to support deep learning-based applications. Deep learning, more commonly known as Active Neural Network (ANN) or Deep Neural Network (DNN), …

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‘POLLUTION AND HEALTH’ REPORT

According to a recent Report ‘Pollution and health: A Progress Update’, published in The Lancet Planetary Health, Air Pollution was responsible for 16.7 lakh deaths in India in 2019, or 17.8% of all deaths. Air Pollution alone contributes to 66.7 lakh deaths, which updates a previous analysis from 2015. Overall, pollution was responsible for an …

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INS UDAYGIRI

Recently, the Defence Minister launched the Indian Navy destroyer warship INS Surat and frigate INS Udaygiri in Mumbai. ‘Surat’ is the fourth ship of Project 15B Destroyers which heralds a significant makeover of the P15A (Kolkata Class) Destroyers. The first ship (Visakhapatnam) of this class was commissioned in 2021. The second (Mormugao) and third (Imphal) ships have been launched and are …

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“VIRTUALLY NOTHING” FOR ENDOSULFAN

The Supreme Court has slammed the Kerala government for doing “virtually nothing” for Endosulfan pesticide exposure victims. The court said the State’s inaction was “appalling” and amounted to a breach of the apex court’s 2017 judgment, which had ordered the State to pay Rs 5 lakh each to the victims in …

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5G TESTBED IN INDIA

Recently, Prime Minister inaugurated the country’s first 5G testbed that will enable start-ups and industry players to test their products locally, thereby reducing dependence on facilities abroad. It was an important step towards self-reliance in the direction of critical and modern technologies in the telecom sector. The 5G testbed had been set up at a cost of about …

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FOOD INFLATION

Food prices around the world have soared to record levels this year as the Russia-Ukraine war slashes key exports of wheat and fertiliser from those countries, at the same time as droughts, floods and heat fuelled by climate change claim more harvests. Russia and Ukraine supply about 30% of global wheat exports, …

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GAGANYAAN MISSION

Recently, the Indian Space Research Organization (ISRO) has completed the static test of the human-rated solid rocket booster (HS200) for Gaganyaanprogramme. The booster engine is part of the Geosynchronous Satellite Launch Vehicle MkIII (GSLV Mk III) rocket that will carry Indian astronauts to space. The GSLV Mk-III rocket which will be used for the Gaganyaan mission …

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TOURISM SECTOR IN INDIA

Recently, the first Incredible India International Cruise Conference 2022 was held. India is working on a national tourism policy to give an impetus to the Tourism industry. The conference has been jointly organized by the Ministry of Ports, Shipping & Waterways and Federation of Indian Chambers of Commerce and Industry (FICCI) Strategies for …

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GATISHAKTI SANCHAR

Recently, the Ministry of Communications has launched the “GatiShakti Sanchar” portal for Centralised Right of Way (RoW) approvals. About: The portal has been developed keeping in view the vision areas of the National Broadband Mission at the core, which are providing broadband infrastructure as a core utility to every citizen, Governance and services on demand, and …

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CRYPTOCURRENCIES

Recently, Reserve Bank of India (RBI) told a parliamentary panel that cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest. Dollarisation is a form of currency substitution, where dollars are used in addition to or instead of the local currency of a country. Though only tax havens …

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PLUMBEX INDIA’

Recently, the Minister for Housing and Urban Affairs launched the BHARAT TAP initiative at the ‘Plumbex India’ exhibition. This exhibition is aimed at products and services related to the plumbing, water, and sanitation industry. At the exhibition, NAREDCO (National Real Estate Development Council) MAHI’s ‘Nirmal Jal Prayas’ initiative was also launched. BHARAT TAP Initiative It …

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FOREX RESERVE INDIA

The Reserve Bank of India (RBI) added another 16.58 tonnes of gold to the country’s foreign exchange reserves in the last six months, bringing the country’s gold holdings to more than 700 tonnes (around 760.42). Gold was acquired by the RBI at a time when Foreign Portfolio Investors (FPIs) left India, and forex reserves dropped by USD44.73 …

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GALLANTRY AWARDS

Recently, President conferred 13 Shaurya Chakras, including six posthumous, to the personnel of Armed Forces during Defence Investiture Ceremony (Phase-1). The President also conferred ParamVishishtSeva Medals, UttamYudhSeva Medals and AtiVishishtSeva Medals for distinguished service of exceptional order. Post-Independence, first three gallantry awards namely ParamVir Chakra, MahaVir Chakra and Vir Chakra were instituted by the government …

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NATIONAL TECHNOLOGY DAY

The Prime Minister expressed his “gratitude” towards the scientists and their “efforts” that led to the “successful Pokhran tests in 1998” on National Technology Day (11th May). The day, which was first observed on 11th May, 1999, aims to commemorate the scientific and technological achievements of Indian scientists, engineers. The day was named by the former Prime Minister …

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DECADAL CLIMATE UPDATE REPORT

According to the global annual to decadal climate update report issued by the World Meteorological Organisation (WMO), India could be among the few regions globally where below normal temperatures have been predicted for the year 2022 and the next four years. The year 2022 will be cooler (compared to the 1991 – 2020 average) …

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