The first composite Financial Inclusion Index: RBI Published Context: According to the Reserve Bank of India's first composite Financial Inclusion Index (FI-Index), which attempts to quantify the amount of financial inclusion across the country, a large portion of the country remains financially excluded. According to the...
Nuclear fusion research: The developments The Findings of the research: The Lawrence Livermore National Laboratory in California reported that a nuclear fusion experiment conducted in its National Ignition Facility had resulted in a breakthrough. Lasers were utilized to heat a small target or fuel pellets in...
The context The Ministry of Defence (MoD) has announced the Defence Testing Infrastructure Scheme (DTIS) with a budget of Rs 400 crore to build state-of-the-art testing infrastructure in collaboration with the private sector in order to strengthen domestic defence and aerospace industries. The five-year plan...
The context A working group of the Intergovernmental Panel on Climate Change (IPCC) said in a report released on August 9 that human activities were unequivocally the primary driver of changes in the atmosphere, ocean, cryosphere, and biosphere, or climate change, in one of the...
The Context As part of the "Amrit Mahotsav," which commemorates India's 75th anniversary of independence, 75 "Hunar Haats" will be held. According to the Minister for Minorities, 75 "Hunar Haat" events will be held across India as part of the "Amrit Mahotsav" commemorating India's 75th...
Context: National Hydrogen Mission found a place in Prime Minister speech during the Independence day The need for Mission India's significant reliance on coal and the need for hydrogen to replace fossil fuels Hydrogen would be more prevalent than oxygen since it is thought to have had...
Context: Landslides in the state of Himachal Pradesh have led to the death of 14 people. This incident follows the incident before 2 days where a group of tourists lost their lives in landslides Added to these landslides are the mud, debris running down on...
The happenings: The US-led army and the NATO forces had already withdrawn following the US-Taliban The Taliban forces were able to capture the whole of Afghanistan in a 7 day time period The US estimated that it would take at least 1 month for the...
Context: The government has decided to repeal the retrospective taxes amendment to the I-T Act that was proposed in March 2012. While eliminating the retrospective levy is thought to offer investors clarity by removing a key source of misunderstanding in taxation rules, the government has...
Context: The Secretary of the Ministry of Housing and Urban Affairs has launched ‘SonChiraiya' (a brand and logo) for the sale of items from urban Self-Help Groups (SHGs). About: Background: Under the auspices of MoHUA, DAY-NULM has focused on providing necessary skills and opportunities to urban disadvantaged...
