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PRISM Scheme

PRISM Scheme Promoting Innovations in Individuals, Startups and MSMEs (PRISM) is an initiative of the Department of Scientific and Industrial Research (DSIR) aimed at transforming an individual innovator into a successful technopreneur by promoting, supporting, and funding implementable and commercially viable innovations created for the society. Under the initiative, an innovator of Indian nationality - student, professional and common citizen - is provided technical, strategic, and fin

World Development Report 2021

World Development Report 2021 The World Bank has published the World Development Report 2021: Data for Better Lives. About World Development Report: It is annual report which is being published since 1978. It gives in-depth analysis and policy recommendations on agriculture, the role of the state, transition economies, and labour to infrastructure, health, the environment, and poverty Key Features: The report highlights that most countries h

New Red Alga found in Arabian Sea

New Red Alga found in the Arabian Sea Two new species of red seaweed - Hypnea indica and Hypnea bullata - have been discovered by marine biologists from the Central University of Punjab (The genus Hypnea includes red seaweeds.) Hypnea indica - Discovered from Kanyakumari in Tamil Nadu, and Somnath Pathan and Sivrajpur in Gujarat.  Hypnea bullata - Discovered from the Kanyakumari and Diu islands of Daman and Diu. Another species, Hypnea nidifica, has been found for the first tim

Mines and Minerals (Development and Regulation) Amendment Bill, 2021

Mines and Minerals (Development and Regulation) Amendment Bill, 2021 The Rajya Sabha passed the Mines and Minerals (Development and Regulation), Amendment Bill, 2021 doing away with the distinction between the captive and non-captive mines, allowing captive mines to sell up to 50% of the minerals excavated during the current year that will also help towards the auctioning of more mines. The MMDR Act, 1957 empowers the central government to reserve any mine as captive mine whic

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