AERA Amendment Bill, 2021
Context: The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 (without any discussions due to disruptions). Relevance: GS-III: Industry and Infrastructure, GS-III: Indian Economy (Growth & Development of Indian Economy, Government Policies & Interventions) Dimensions of the Article: Airports Economic Regulatory Authority of India (AERA) AERA Amendment Bill, 2021 […]
What is ONDC project?
Context: The government has appointed National Health Authority CEO Ram Sewak Sharma and Infosys non-executive chairman Nandan Nilekani as members of an advisory council for creating an Open Network for Digital Commerce (ONDC). Relevance: GS-III: Industry and Infrastructure (Industrial Growth, Industrial Policy, e-Commerce) Dimensions of the Article: Open Network for Digital Commerce (ONDC) project Department […]
Cabinet approves viability gap funding for BharatNet
Context: The Union Cabinet approved a viability gap funding support of up to ₹19,041 crore for the implementation of the BharatNet project through Public-Private Partnership (PPP) model in 16 States. Relevance: Prelims, GS-III: Industry and Infrastructure (Government Policies & Interventions) Dimensions of the Article: About the BharatNet project What is the Universal Service Obligation Fund […]
“The India Story” booklet on India’s energy transition
Context: Union Minister of State Power, New and Renewable Energy launched “The India Story” booklet which is a compilation of Indian initiatives that are shaping India’s energy transition. Relevance: GS-III: Industry and Infrastructure (Energy Security, Renewable energy, Energy Sources and Infrastructure, Government Schemes and Initiatives) Dimensions of the Article: Highlights – Statements made during the […]
India’s first maritime arbitration centre GIMAC
Context: The Gujarat Maritime University signed a Memorandum of Understanding (MoU) with the International Financial Services Centres Authority in GIFT City to promote the Gujarat International Maritime Arbitration Centre (GIMAC). Relevance: GS-III: Industry and Infrastructure (Industrial Growth and Industrial Policies), GS-II: (Government Policies and Interventions) Dimensions of the Article: What is GIFT City? About GIMAC […]
Integrated Power Development Scheme
Context: As part of the ‘Azadi ka Amrit Mahotsav’, a 50 kWp Solar roof top was inaugurated in Solan, Himachal Pradesh under the Integrated power development scheme of Ministry of Power, Government of India. Relevance: GS-III: Industry and Infrastructure (Energy Sources and Infrastructure, Government Schemes and Initiatives) Dimensions of the Article: Integrated Power Development Scheme […]
Corporatisation of Ordnance Factory Board (OFB)
Context: Addressing a long pending reform, the Union Cabinet approved a plan to corporatise the Ordnance Factory Board (OFB), which has 41 factories, into seven fully government owned corporate entities on the lines of Defence Public Sector Undertakings (DPSU). Relevance: GS-III: Indian Economy (Privatization and Commercialization, Fiscal Policy, Budgeting), GS-III: Industry and Infrastructure Dimensions of […]
Revised subsidies to spur EV demand
Context: Electric two-wheeler makers termed the government’s decision to increase subsidy for such vehicles by 50% under the FAME II scheme saying it would be a game changer in the adoption of eco-friendly vehicles as phenomenal. Relevance: GS-III: Industry and Infrastructure Dimensions of the Article: Electric Vehicles (EVs) and their need in India FAME-II Revamped […]
Why oil prices are rising? Impact on India
Context: Crude oil prices have hit a two-year high with Brent crude rising above the $71 per barrel mark on May 2021, hitting the highest level since May 2019 as key oil-producing countries announced that they would adhere to plans entailing a gradual increase in crude oil production. Relevance: GS-III: Indian Economy (International Trade, Mobilization […]
Semiconductor chips shortage
Context: A protracted shortage of inputs, especially semiconductor chips, has made India-based car manufactures and premium bike makers curtail production across categories. While carmakers in India appear to be waiting to ride out the chip famine by constraining production, their global counterparts have got more creative in addressing the shortage. Relevance: GS-III: Industry and Infrastructure […]