Scheme for Trade Infrastructure for Export

Scheme for Trade Infrastructure for Export The Trade Infrastructure for Export Program (TIES), launched by the Department of Commerce, Government of India, aims to provide the necessary infrastructure to support the expansion of exports. What are the main government initiatives to encourage the growth of exports? TIES System: The TIES scheme offers financial assistance to central/state government-owned organisations or their joint ventures for infrastructure projects wi

29 March, 2023
Economic Issues
Government policies and interventions
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Phytoplankton Blooms

Phytoplankton Blooms Around the coastlines of the world, massive phytoplankton blooms—huge blooms of microscopic algae floating on the ocean's surface—have grown bigger and more frequent. According to recent studies, massive phytoplankton blooms have grown bigger and more frequent around the world's coastlines, benefiting fisheries but also having the potential to be harmful. Findings from the Study The expansion: Coastal phytoplankton blooms grew by

Battle of Bakhmut

Battle of Bakhmut The Ukrainian military may opt to withdraw its forces from Bakhmut, a strategically important position. Bakhmut Battle In the Donetsk region of eastern Ukraine, there is a little mining town called Bakhmut. Having served as both the focus of Russian attacks and the location of tenacious Ukrainian military defence, Bakhmut is now in ruins. The Significance of Bakhmut The proximity of Bakhmut near numerous significant routes may have some strateg

Porter prize 2023

Porter Prize 2023 Recently, the Porter Prize 2023 was awarded to the Union Health and Family Welfare Ministry. Major Points The government's approach to managing COVID-19, as well as the approach and involvement of many stakeholders, including the involvement of ASHA workers in the industry to create PPE Kits, were recognised with the award. Its involvement in the creation and production of vaccinations The award was presented during The India Dialog at Stanford Universi

National Youth Parliament Festival 2023

National Youth Parliament Festival 2023 The fourth edition of the National Youth Parliament Festival took place in New Delhi, the nation's capital. The Minister of State for Youth and Sports Affairs Shri Nisith Pramanik spoke on the opening day of the National Youth Parliament Festival (NYPF) finals at the Central Hall of Parliament, New Delhi. About Idea for a Better Tomorrow: India for the World is the theme of this edition Participation: In 150 locations acros

NASA's Imaging X-ray Polarimetry Explorer

NASA's Imaging X-ray Polarimetry Explorer Recently, using NASA's Imaging X-ray Polarimetry Explorer, astronomers examined a supernova explosion that took place more than 450 years ago (IXPE). People on Earth were able to see the Tycho explosion in 1572, and the blast's shock wave is still resonating throughout the cosmos. Describe Tycho Tycho is categorised as a Type Ia supernova, which happens when a white dwarf star rips apart its partner star, causing a cata

Grievance Appellate Committee (GAC) portal

Grievance Appellate Committee (GAC) portal In accordance with the IT Regulations, 2021, the Ministry of Electronics and Information Technology has developed the Grievance Appellate Committee (GAC) portal. Regarding the portal: It will be a virtual, online platform where all aspects of the appeals process—from filing an appeal to receiving a decision—would be handled electronically. The National Informatics Center (NIC)created it. It will provide citizens the oppo

Social Stock Exchange

Social Stock Exchange SEBI gave final approval to National Stock Exchange of India to establish the Social Stock Exchange (SSE). What is A social stock exchange? The SSE would operate as a distinct division within the current stock exchange and assist social businesses in raising money from the general public through its mechanism. It would act as a platform for businesses to get funding for their social activities, gain publicity, and offer greater transparency on the mobilis

Windsor Framework

Windsor Framework The UK government and the European Union (EU) have come to a historic agreement over the post-Brexit trade arrangements that will apply to Northern Ireland. Regarding "Windsor Framework": The Northern Ireland Protocol will be replaced by the "Windsor Framework," which was one of the most complicated consequences of Brexit, leading to issues on both the political and economic fronts. Important elements: the implementation of a

1300-year-old Buddhist Stupa found in Odisha

1300-year-old Buddhist Stupa found in Odisha A 1,300-year-old stupa was recently found by the Archaeological Survey of India (ASI) in the Jajpur district of Odisha at a Khondalite mining site. That is where the Khondalite stones for the Puri, India, beautification project surrounding the Shree Jagannath Temple from the 12th century came from. What conclusions has the ASI reached? Initial evaluation revealed the stupa may be 4.5 metres tall and date to the 7th or 8th centur

Karnataka Tops India’s State Energy Transition

Karnataka Tops India’s State Energy Transition Karnataka and Gujarat have emerged as India's frontrunners in the switch to clean electricity, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember. While the IEEFA studies topics relating to energy markets, trends, and regulations, Ember is an independent, not-for-profit think tank focused on climate and energy concerns. What are the Report's Highlights? Methods of Evalu

Coin Vending Machine

Coin Vending Machine The Reserve Bank of India (RBI) is preparing to begin a pilot study to evaluate how a coin-dispensing machine that uses QR codes works (QCVM). The experiment is initially expected to be implemented at 19 venues across 12 cities across the nation. The machines are designed to be deployed in public locations like train stations, malls, and markets with a focus on convenience and accessibility. QCVM: What is it? A cashless coin dispenser called a QCVM would d

ALMA Telescope

ALMA Telescope ALMA, the Atacama Large Millimeter/submillimeter Array, will soon get hardware and software updates. More about the news: The improvement will enable it to gather significantly more data and generate photographs that are crisper than ever. The correlator, a supercomputer that integrates the information from many antennas and enables astronomers to make extremely detailed images of celestial objects, will be replaced, and this will be the most major modernization made

Neutrinos

Neutrinos It was recently reported by physicists using the Kamioka Liquid Scintillator Antineutrino Detector (KamLAND) in Japan that despite reviewing two years' worth of data, they were unable to detect any evidence that neutrinos might be their own anti-particles.????? About KamLAND Experiment: The neutrinoless double beta-decay is an event that KamLAND searches for. Two neutrons in an atom decay normally into two protons by generating two electrons and two electron anti

Moscow halts the New START

Moscow halts the New START The final major military deal between Russia and the United States, known as New START, has recently been confirmed to be suspended. The New START: What Is It? The original "Strategic Arms Reduction Treaty," also known as START-I, was signed between the US and the then-USSR in 1991 and went into effect in 1994. It carries the term START. After expiring in 2009, START-I, which set a cap on the number of nuclear warheads and ICBMs( in

INS Sindhukesari in Indonesia

INS Sindhukesari in Indonesia The Kilo class conventional submarine of the Indian Navy, INS Sindhukesari, has docked in Jakarta, Indonesia, for the first time. An Indian Navy Kilo class conventional submarine, INS Sindhukesari, made its first port call in Jakarta, Indonesia, from February 22 to 24, 2023, as part of the region's growing military relations. It crossed the Sunda Strait and made its first docking attempt in Indonesia for an operational turnaround (OTR). Evolution:

Jaipur Declaration

Jaipur Declaration The Jaipur Declaration was adopted at the conclusion of the 18th UIC World Security Conference, which was jointly organised by the International Union of Railways (UIC) and Railway Protection Force (RPF). More on the news: The Jaipur Declaration" lays forth a concrete plan of action for UIC to investigate cutting-edge strategies that can assist international railroad organizations to realize their long-term objective of safety and security. By also

Light Combat Aircraft Tejas Mk2 (LCA MK2)

Light Combat Aircraft Tejas Mk2 (LCA MK2) The Indian Light Combat Aircraft (LCA) Tejas Mk2 would incorporate heavy standoff weaponry like SCALP, an air-to-ground, long-range deep strike missile. The LCA Mk2 will be able to incorporate unique armaments from many nations, unlike other aircraft. About LCA Tejas Mk2: An Indian fighter jet known as the Indigenous LCATejas Mk2 is capable of carrying eight Beyond-Visual-Range (BVR) missiles at once in addition to incorporating both m