DAILY NEWS ANALYSIS

Monthly DNA

18 Aug, 2020

7 Min Read

SHARE IT

Paper	Topics	Subject
PT Pointer	Plug and play Business model	Economic Issues
PT Pointer	Bank of schemes, ideas, innovation & research portal on MSMEs	Economic Issues

GS-III : Economic Issues Government policies and interventions

Plug and play Business model

The government intends to promote the scheme of ‘plug and play for further fast-tracking investment proposals, especially for projects having substantial foreign investment.

About plug and play

‘Plug and play’ concept normally refers to ready facilities in terms of building, power-water-sewage connectivity, road connectivity, beside other basic things including clearances in hand required to start the industry.
This concept gained ground in 2015 when the then Finance Minister Arun Jaitley said in his Budget speech that the government proposes to set up five new Ultra Mega Power Projects, each of 4000 MWs in the plug-and-play mode.

Need of the hour:

This approach is being considered at a time when many companies are moving out of China and looking for alternatives.
The government feels with the corporate tax rate of 15 per cent for newer manufacturing units along with the good number of skilled workforce and availability of land resources in various parts of the country, make India an attractive destination.
Also, there is a need for more investments to restart the pandemic lockdown-affected industry .

Source: TH

Bank of schemes, ideas, innovation & research portal on MSMEs

Micro, Small and Medium Enterprises, MSME Minister Nitin Gadkari launched a bank of schemes, ideas, innovation and Research portal - http://ideas.msme.gov.in on MSMEs.

About the portal:

The portal gives access to all schemes of Union, States and Union Territory Governments and has the provision for uploading ideas, innovations and research in the sector.
It has unique features of not only crowdsourcing ideas, but also evaluation and rating the ideas by crowdsourcing. It can also facilitate the inflow of venture capital, and foreign collaboration.
Besides, the portal will benefit potential entrepreneurs as a one-stop compendium of ideas, innovation and research ready for commercialization.

Source: TH

Other Related News

Minimum Age of Marriage for Girls Context The Prime Minister, during his address to the nation on the 74th Independence Day, announced that the central government has set up a committee to reconsider the minimum age of marriage for women, which is currently 18. About the Committee (Jay

SHARE IT

National Health Policy 2017

National Health Policy 2017 Aiming to provide healthcare in an “assured manner” to all, the NHP 2017 strives to address current and emerging challenges arising from the ever-changing socio-economic, technological and epidemiological scenarios. Features The policy advocat

SHARE IT

RTI on PM-CARES Fund

RTI on PM-CARES Fund Context The Prime Minister’s Office (PMO) has denied a Right to Information request related to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund). News: The PMO denied information on the number of appli

SHARE IT

Darknet:

Darknet It refers to the hidden internet platform used for narcotics sale, exchange of pornographic content and other illegal activities by using the secret alleys of the onion router (ToR- free and open-source software for enabling anonymous communication) to stay away from the surveillance o

SHARE IT

16 August,2020

What has made the Naga peace process wobble?

What has made the Naga peace process wobble? Context Fresh hurdles have emerged in the road to peace in Nagaland. After a framework agreement was signed in 2015 between the Centre and the Isak-Muivah faction of the National Socialist Council of Nagalim, or the NSCN (I-M), the largest of the

SHARE IT

Why has the Israel-UAE pact unsettled Palestine and Iran?

Why has the Israel-UAE pact unsettled Palestine and Iran? Context On Thursday, U.S. President Donald Trump announced that Israel and the United Arab Emirates (UAE) had reached a peace agreement. Many countries, including the European powers and India, have welcomed it, while the Palestin

SHARE IT

SARS-CoV-2-specific T cell immunity prevents recurrent severe COVID-19 disease

SARS-CoV-2-specific T cell immunity prevents recurrent severe COVID-19 disease Context Natural exposure or infection with the novel coronavirus may “prevent recurrent episodes of severe COVID-19”, a paper published in Cell says. This is because, once infected with SARS-CoV-2,

SHARE IT

What was the 2005 amendment to Hindu Sucession Act,1956?

Decoding the SC verdict on right of daughters What was the 2005 amendment to Hindu Sucession Act,1956? The amendment was passed in 2005 to confer equal status to both sons and daughters of coparceners. Prior to the amendment, coparcenary rights were granted only to sons of a coparcener.

SHARE IT

Jaya Jaitly Committee

Jaya Jaitly Committee A task force has been constituted by the Government of India to evaluate issues related to Infant Mortality Rate, Maternal Mortality Rate, Total Fertility Rate, Sex Ratio at Birth, Child Sex Ratio (CSR) and any other issue that pertains to health as well as nutrition.

SHARE IT

Madras High Court on Criminalisation of Politics

Enact a law to bar criminals in elections, asks Madras HC Context: The Madras High Court has directed the Centre to explain in two weeks as to why it should not enact a law prohibiting people with criminal background from contesting in parliamentary, Assembly and local body elections. The

SHARE IT

Kalpana Chawla Award

Kalpana Chawla Award Three women from Aadhanur in Perambalur district, who rescued two youth from drowning in the Kottakarai dam, by throwing their sarees at them, were awarded the Kalpana Chawla award for courage and daring enterprise by Chief Minister Edappadi K. Palaniswami during the 74th