What is Pradhan Mantri Jan Dhan Yojana? Pradhan Mantri Jan Dhan Yojana (PMJDY), one of the biggest financial inclusion initiatives in the world. Launched- 28 August 2014 Run by Ministry of Finance. It envisages universal access to banking facilities with at least one basic banking account for every household, financial literacy, access to credit, insurance and … Read more
What is Pradhan Mantri Matru Vandana Yojana? It is a maternity benefit program run by the government of India. Introduced in the year 2017 Implementing agency- MWCD The scheme is a conditional cash transfer scheme for pregnant and lactating women. Under this scheme a partial wage compensation to meet enhanced nutritional needs and partially compensate for wage loss. The eligible beneficiaries … Read more
Battery Swapping Facility Quick Interchange Service inaugurated in Chandigarh Indian Oil has signed a non- binding Strategic cooperation document with M/s Sun Mobility to explore setting up of Energy infrastructure for Electric vehicle through Battery Swapping model across Indian Oil Retail outlets in select cities. Indian Oil intends running a Pilot and offering SMPLs (Smart … Read more
Navy Inducts Indigenously Developed Torpedo Decoy System Anti – Submarine Warfare capability of the Indian Navy has received a major boost today with the conclusion of a contract for Advanced Torpedo Decoy System Maareech capable of being fired from all frontline warships. Design & Development of this anti-torpedo decoy system has been undertaken indigenously DRDO … Read more
What is MUDRA Yojana? Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015. Aim– Providing loans up to 10 lakhs to the non-corporate, non-farm small/micro enterprises. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. There are three types of loans under … Read more
Raksha Rajya Mantri Shri Shripad Naik inaugurates two-day Defence Conclave 2020 Gujarat Raksha Rajya Mantri Shri Shripad Naik has said that India has emerged as a key global power driven by the impressive economic growth backed by its longstanding moral leadership on core humanitarian and geographical issues. He was addressing a two-day digital conference on … Read more
China completes Beidou navigation system to bolster its own military space assets The satellite, the 55th in the family of BeiDou that means “Big Dipper” in Chinese, was launched at 9:43 a.m. (Beijing Time) and sent into the pre-set orbit by a Long March-3B carrier rocket from the Xichang Satellite Launch Center in southwest China’s … Read more
Set-up of Animal Husbandry Infrastructure Development Fund Cabinet approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) amounting to Rs. 15000 crore. Earlier approved Dairy Infrastructure Development Fund (DIDF) worth Rs. 10,000 crores for incentivizing investment by cooperative sector for development of dairy infrastructure. Eligible beneficiaries- Farmer Producer Organizations (FPOs), MSMEs, Section 8 Companies, … Read more
IAF airlifts dozens of tanks to Ladakh to beef up firepower As military build-up on both sides of the Line of Actual Control (LAC) in eastern Ladakh continues, a constant stream of IAF heavy lift aircraft have airlifted dozens of additional tanks and armoured personnel carriers to the Himalayan heights for beefing up Indian firepower. … Read more
China votes to join Arms Trade Treaty China has decided to join the United Nations Arms Trade Treaty (UN-ATT) to regulate its arms sales. This comes after US President Donald Trump announced plans last year to pull the United States out of the agreement. What is UN – ATT? It is the Arms Trade Treaty is a multilateral treaty that regulates … Read more
