“Samarth Scheme” for Capacity Building in Textile Sector

What is the News? The Ministry of Textiles has informed Rajya Sabha about the Samarth Scheme. Samarth Scheme: It was launched by the Ministry of Textiles. Aim: It will address the skill gap in the textile sector. It will supplement the efforts of the textile industry in providing gainful and sustainable employment to the youth.… Continue reading “Samarth Scheme” for Capacity Building in Textile Sector

Mega Investment Textiles Parks (MITRA) scheme for textile sector

Why in News? The Finance Minister has announced the launch of Mega Investment Textiles Parks (MITRA) Scheme. About Mega Investment Textiles Parks (MITRA) Scheme Aim: The scheme aims to enable the textile industry to become globally competitive and boost exports. The scheme also aims to boost employment generation within the textile sector and also attract… Continue reading Mega Investment Textiles Parks (MITRA) scheme for textile sector

“Vehicle Scrappage Policy” to phase out old and unfit vehicles

What is the news? The Finance Minister has announced the voluntary vehicle scrappage policy. It aims at phasing out old and unfit vehicles. About vehicle scrappage policy Aim of the Policy: Scrappage policy will encourage fuel-efficient, environment-friendly vehicles on the road. Thereby It will reduce vehicular pollution and the oil import bill. Key Features :… Continue reading “Vehicle Scrappage Policy” to phase out old and unfit vehicles

Vehicle Scrappage Policy and the associated challenges: Explained

Recently, The Finance Minister announced the “Vehicle Scrapping Policy” in her Budget speech. The policy will phase out older, inefficient and polluting vehicles. Apart from that, the policy will also promote the use of more environment-friendly vehicles and reduce the oil import bill. But it is not an easy task and has a few challenges… Continue reading Vehicle Scrappage Policy and the associated challenges: Explained

RERA 2016 protects the interest of Homebuyers 

Synopsis: As compared to RERA 2013 act, the Real Estate (Regulation and Development) Act (RERA) 2016 was successful in empowering the home buyers. This has reduced the incidence of unfair trade practices in the real estate sector.  How RERA 2016 act was better than RERA 2013 act?  The RERA 2013 act had the following issues;  It did… Continue reading RERA 2016 protects the interest of Homebuyers 

‘MICE’ tourism policy of Gujarat 

Why in News:   Gujarat CM has announced the tourism policy for 2021-25. It seeks to make Gujarat a hub of “MICE” tourism.  What is MICE Tourism?   The “MICE” is an acronym that stands for “Meetings, Incentives, Conferences and Exhibitions”. It is a version of business tourism that draws domestic and international business tourists to a destination.  What are the salient features of MICE tourism policy?  International Events: Policy… Continue reading ‘MICE’ tourism policy of Gujarat 

What are spectrum auctions?

News: Department of Telecommunications (DoT) said on Wednesday (January 6) that auctions for 4G spectrum in the 700, 800, 900, 1,800, 2,100, 2,300, and 2,500 MHz bands will begin from March 1. Licence holders have until February 5 to submit their applications. Facts: What are Spectrum Auctions? Devices such as cellphones and wireline telephones require… Continue reading What are spectrum auctions?

New norms for DTH television distribution sector

Synopsis:  The reasons why a revised scheme for the Direct-to-Home (DTH) television distribution sector has been brought in.  Background  Recently, the Union Cabinet has approved a revised scheme for the Direct-to-Home (DTH) television distribution sector which were in due for last 6 years after the TRAI gave its recommendation to reduce the license fee.  Under the… Continue reading New norms for DTH television distribution sector

100% FDI in DTH service

Source: The Hindu News: Union Cabinet has approved revised guidelines for Direct-to-Home (DTH) broadcasting services. Facts: Direct to Home(DTH): It enables a broadcasting company to directly beam the signal to your TV set through a receiver that is installed in the house.There is no need for a separate cable connection. Advantages of DTH: One can do away… Continue reading 100% FDI in DTH service

INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS

Source: PIB, Indian Medicine Industry-RSTV , FDI data of Ministry, Mint,   Relevance:   Recently PM follows up his 3 city visit by a virtual meeting with 3 more vaccine developers based in Pune and Hyderabad   Ambassadors of 100 countries are scheduled to arrive in Pune on December 4, to visit Serum Institute of India and Gennova Biopharma.    Sweden has already acknowledged India’s role as… Continue reading INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS

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