Why in News: The sixth and last of the French Scorpène-class submarines, INS Vagsheer, was launched into water at the Mazagon Docks Limited (MDL) in Mumbai. The six submarines were being built under Project-75 by the MDL under technology transfer …
PDS in India Under the National Food Security Act, 2013, about 81 crore persons are entitled to buy subsidized foodgrain — rice at Rs 3/kg, wheat at Rs 2/kg, and coarse grains at Re 1/kg — from their designated Fair …
About APEDA The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act,1985. The Authority replaced the Processed Food Export Promotion Council (PFEPC). …
About Financial Action Task Force (FATF) It is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. Recommendations of the FATF target Money laundering Terrorist financing Other threats to the global financial system The FATF …
Why in News: According to one of the experts who worked with Paris-based consultancy Systra on the feasibility report for the Silverline Project, Kerala should investigate the possibility of introducing tilting trains on existing broad gauge rail tracks, which would …
What’s in News: Researchers from the Indian Space Research Organisation (ISRO) and the Indian Institute of Science (IISc) have developed a way to make bricks from Martian soil with the help of bacteria and urea. These ‘space bricks’ can be …
What is a Farmer Producer Organization? A Producer Organisation (PO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, weavers, rural artisans, craftsmen. A PO can be a producer company, a cooperative society or any other …
About the scheme One District One Product One District One Product (ODOP) scheme was launched by the Ministry of Commerce and Industry. The objective is to convert each District of the country into an Export Hub by Identifying products with …
About Payments banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …
The Enforcement Directorate (ED) is an Indian government law enforcement body tasked with enforcing economic laws and combating economic crime. It was established to deal with violations of the Foreign Exchange Regulation Act of 1947’s Exchange Control Law. The Enforcement …