About NMDC National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel is the single largest producer of iron ore in India. It was incorporated in 1958 as a Government of India public enterprise. Since …
About GST Council Goods & Services Tax Council is a constitutional body under Article 279A of the amended Constitution, for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The Council was introduced …
UNESCO’s World Heritage Convention, 1972 The Convention Concerning the Protection of the World Cultural and Natural Heritage is an international agreement that was adopted by the General Conference of UNESCO in 1972. It is based on the premise that certain …
Context The World Meteorological Organization (WMO), an agency of the United Nations, in its recent report said sea levels rose by 4.5 millimeters (mm) a year on average between 2013 and 2022. This rise in sea levels is more than …
What are Infrastructure bonds? Infrastructure bonds are long-term debt instruments with a maturity of at least seven years. They are issued to finance long-term development projects. Given that these instruments are used for providing finance to the infrastructure sector, banks …
About the Scheme The Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme was launched in 2019 for installation of solar pumps and grid connected solar and other renewable power plants in the country. It was launched by …
About the Scheme Rashtriya Vayoshri Yojana (RVY) is a scheme for providing Physical Aids and Assisted-living Devices for Senior citizens belonging to Below Poverty Line (BPL) category. The scheme has been revised in the year 2020-21. After the revision, the …
About the scheme In 2017, the Ministry of Civil Aviation launched the Regional Connectivity Scheme (RCS) “UDAN” (Ude Desh Ka Aam Naagrik) which aims at providing connectivity to un-served and under-served airports of the country through revival of existing air-strips …
About BRI China’s Belt and Road Initiative aims to strengthen Beijing’s economic leadership through a vast program of infrastructure building throughout China’s neighbouring regions. Launched in 2013 by President Xi Jinping, the plan was two-pronged: the overland Silk Road Economic …