Tag: India

‘RestartIndia’ advisory portal for MSME sector

July 25, 2020

• The Union Minister for Micro, Small and Medium Enterprise (MSMEs), Shri Nitin Gadkari launched a mentoring platform ‘www.restartindia.in’ for MSME which is jointly developed by Muthoot Fincorp and INKtalks.
• The main objective of the Portal is to help the sector in restarting businesses across the country, to address the questions and provide information on various schemes and initiatives of the government.

Ravi Shankar Prasad portrayed India in the G20 Digital Economy Ministers Virtual Meeting

July 24, 2020

• Union Minister of Electronics and Information Technology, Shri Ravi Shankar Prasad epitomized India in the virtual meeting of the G20 Digital Economy Minister under the hosted by Saudi Arabia.

India, Maldives inked a contract for development of Geydoshu Mas Plant in Maldives’ Maradhoo and Hulhudhoo

July 24, 2020

• On July 22, 2020, India and Maldives signed an agreement to set up Geydoshu Mas Plant (Neighborhood Fish Processing Plants) at two islands in the Addu city of Maldives namely Maradhoo and Hulhudhoo. 
• The contract inking ceremony was carried out in Addu City, which attended virtually Maldives’ Foreign Secretary Abdul Ghafoor Mohamed, High Commissioner of India to the Maldives Sunjay Sudir, along with other members of Maldives’ Ministry of Foreign affairs.

India to have 60 percent renewable energy by 2030 said Power minister RK Singh

July 24, 2020

• India will have approximately 60 percent of its installed electricity generation potential from clean sources by 2030, Power and New & Renewable Energy Minister R K Singh said on 22nd July.
• The minister also oozed confidence that the renewable energy capacity would touch 510 GW by 2030, including 60 GW of hydropower.

India and US conduct joint military exercises in the Indian Ocean

July 23, 2020

• The US and Indian navies conducted joint military operations in the Indian Ocean as both countries try to navigate tense relations with Beijing.
• The Passage Exercise near the Andaman and Nicobar Islands involved the United States’ Carrier Strike Group (CSG) led by aircraft carrier Nimitz and units of Indian Navy’s Eastern Fleet and Andaman and Nicobar Command.

India’s GDP to contract by 6.1% in FY21: Nomura

July 23, 2020

• As per the report of Nomura Holdings, India’s Gross domestic Product(GDP) is likely to contract by 6.1%(-6.1%) in FY21 as economic activity continues to be weak due to COVID-19 pandemic.

The Pilot project of Nation Transit Pass system is launched by Prakash Javadekar

July 23, 2020

• The Pilot project of Nation Transit Pass system is virtually launched by the Environment Minister  Prakash Javadekar at Indira Paryavaran Bhawan in New Delhi.
• The main objective of this project is to enhance the seamless movement of forest produce under the Digital  India Movement.
• People can apply for their transit pass through their mobile phone and can receive e-passes for that.

India successfully test-fires “Dhruvastra” anti-guided missiles

July 22, 2020

• India successfully conducted the flight trial of Dhruvastra anti-guided missile at the Interim Test Range of Odisha. The trials of the helicopter launched Nag Missile (HELINA) were successful. The missile has now been renamed as “Dhruvastra”.
• Helina is a third-generation anti-tank guided missile mounted on Advanced Light Helicopter. The missile system can engage targets indirect hit mode and attack mode.

By year-end India and Russia will sign the Defence Logistics Agreement

July 22, 2020

• India and Russia are finalizing Defence Logistics Agreement that will enable seamless access to military bases and support facilities which will be formally signed by the year-end.

“Emergency Medical Services” to be established in Male

July 22, 2020

• India and Maldives signed an agreement to establish “Emergency Medical Services” in Male.
• The Emergency Medical Service is financed by India under grant assistance of 20 million USD for neighboring countries to increase the collaboration between the countries.