Ubharte Sitaare Fund: Context: The Finance Minister has announced an Alternative Investment Fund of Rs 250 crore for export-oriented micro, small, and medium firms (MSMEs). About: Ubharte Sitaare Fund Ubharte sitaare funds, are a sort of alternative investment fund. Objectives of Fund: To identify Indian businesses that have significant competitive advantages...
National Monetization Pipeline Context: The National Monetization Pipeline for brownfield infrastructure assets has been launched by the Union Finance Minister. About: Asset Monetization: Asset Monetization is the process of unlocking the value of previously under utilized or unutilized public assets in order to generate new revenue streams. Public assets...
Forum for Decarbonizing Transport Context: In India, the ITI Aayog and the World Resources Institute India have collaborated to launch the ‘Forum for Decarbonizing Transport.' The aim of the project: The project intends to reduce Asia's peak level of GHG emissions (in line with a well below 2-degree route),...
Jim Corbett Tiger reserve Context: The Delhi High Court recently urged the National Tiger Conservation Authority (NTCA) to consider a petition to stop the alleged illegal construction of bridges and barriers within the Corbett Tiger Reserve's tiger breeding habitat as represented. About: National Tiger Conservation Authority (NTCA): It is...
The Kigali Amendment to the Montreal Protocol is ratified by India Context: India has opted to ratify a critical amendment to the Montreal Protocol for the Protection of the Ozone Layer, which was negotiated five years ago. The Kigali Amendment, named after the Rwandan capital where...
The largest floating solar installation in India has been commissioned by NTPC Context: On the water reservoir of its 2 gigawatt (GW) Simhadri project in Visakhapatnam, Andhra Pradesh, state-owned NTPC Ltd commissioned India's largest floating solar photovoltaic (PV) installation of 25 megawatts (MW). This is also...
Global Crypto Adoption Index Context: In Chainalysis' 2021 Global Crypto Adoption Index, India is ranked second. The Findings: According to crypto analysis firm Chainalysis, India was rated second in a list of 20 nations with the greatest cryptocurrency usage rate. Vietnam took first place, with Pakistan coming in third. The...
Jan Shikshan Sansthan Context: The Jan Shikshan Sansthan (JSS) has provided high-speed web to a number of Kerala's most isolated social group hamlets deep among the Nilambur jungle. Due to long-distance Wi-Fi technology, a number of social group hamlets have access to high-speed web. About: Jan...
Sri Narayana Guru Context: On Sree Narayana Guru's Jayanti, the Prime Minister pays tribute to him. About Shree narayan Guru Shri Narayana Guru, an Ezhava caste guru, preached the values of togetherness for his people. He warned against treating individuals unequally because of their caste. He believed that everyone...
Jhum Cultivation in India Context: According to a recent NITI Aayog report on shifting cultivation, which is popular in the northeastern states, the Ministry of Agriculture should launch a "mission on shifting cultivation" to ensure inter-ministerial coordination. Why the need? Divergent approaches to shifting cultivation exist in both...
