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National Innovation Movement- Improve the Living Conditions

National Innovation Movement (Vice President’s Secretariat) WHAT The Vice President of India has called for creating a National Innovation Movement. The movement will promote path-breaking ideas and innovations that improve the living conditions of the people and generate wealth.   HIGHLIGHTS He urged the young scientists to come up with simple, low-cost but hi-tech innovations. Innovations to make people’s lives more comfortable and address challenges such as pollution, climate change, diseases, not-so-profitable agriculture, and low-efficiency…

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India’s 10- point ‘Vision for the Decade’ – Ministry of Finance

India’s 10- point ‘Vision for the Decade’ (Ministry of Finance)   WHAT The Finance Minister  Nirmala Sitharaman flagged ten points of the Government’s ‘Vision for the Decade’ in his general budget 2019-20 speech. Building physical and social infrastructure; Digital India reaching every sector of the economy; Pollution free India with green Mother Earth and Blue Skies; Make in India with particular emphasis on MSMEs, Start-ups, Defence manufacturing, automobiles, electronics, fabs and batteries, and medical devices;…

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Several tax proposals to promote investments in start-ups

Several tax proposals to promote investments in start-ups (Ministry of Finance) WHAT Several of the tax proposals announced by Smt. Nirmala Sitharaman, while presenting the Union Budget 2019-20. These are aimed at promoting investments in Sunrise Advanced Technology industries and in Start-ups.   SUNRISE AND ADVANCED TECHNOLOGIES The sunrise and advanced technology areas includes: Semi-conductor Fabrication (FAB), Solar Photo Voltaic cells, Lithium storage batteries, Solar electric charging infrastructure, Computer Servers, Laptops, etc.   HIGHLIGHTS Lower…

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New Space India Limited Incorporated – Department of Space

New Space India Limited incorporated (Department of Space) WHAT While presenting General Budget 2019-20, Smt. Nirmala Sitharaman said that a Public Sector Enterprise viz. New Space India Limited (NSIL) has been incorporated as a new commercial arm of Department of Space. It will provide benefits in the Research & Development carried out by Indian Space Research Organization.   ADVANTAGES The Company will spearhead the commercialization of various space products. It will also spearhead the production…

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Trade Infrastructure for Export Scheme – Ministry of Commerce & Industry

Trade Infrastructure for Export Scheme  (Ministry of Commerce and Industry) WHAT The Department of Commerce provides financial assistance for: (i) Setting up export infrastructure including International Trade Promotion Centres. (ii) Three trade promotion centres under the ‘Trade Infrastructure for Export Scheme (TIES). The three centres are located in Manipur, Madhya Pradesh and Tamil Nadu.   TRADE INFRASTRUCTURE FOR EXPORT SCHEME The scheme was launched by Commerce and Industry Minister in 2017. The scheme is focused…

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Scheme for Trans-disciplinary Research for India’s Developing Economy

Scheme for Trans-disciplinary Research for India’s Developing Economy (STRIDE) (Ministry of Human Resource Development) WHAT The University Grants Commission (UGC) has recently approved a new scheme named as ‘Scheme for Trans-disciplinary Research for India’s Developing Economy’ (STRIDE).   BENEFITS of STRIDE The scheme will provide support to research projects that are socially relevant, locally need-based, nationally important and globally significant. STRIDE shall support research capacity building. The scheme shall support applied and transformational action research…

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National Common Mobility Card – One Nation One Card

National Common Mobility Card (Ministry of Finance) WHAT The National Common Mobility Card (NCMC) has been launched in India with the tagline of ‘One Nation One Card’ on March 04, 2019. The card was launched in association with the State Bank of India (SBI). This ‘One Nation One Card’ has been developed by the Ministry of Housing and Urban Affairs (MoHUA).   AIM It is aimed at low-value payments for many segments such as Transit,…

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Rashtriya Aavishkar Abhiyan – Aim, Objectives, Significance

Rashtriya Aavishkar Abhiyan – Aim, Objectives, Significance (Ministry of Human Resource Development) WHAT Rashtriya Aavishkar Abhiyan is running successfully to motivate children to learn Science, Maths, and Technology through observation and experimentation.   BACKGROUND The Rashtriya Aavishkar Abhiyan (RAA) was launched on 9th July 2015 by Late Dr. A.P.J. Abdul Kalam.   OBJECTIVE The Rashtriya Aavishkar Abhiyan is a convergent framework across School Education and Higher Education. The Abhiyan motivate children of the age group…

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Rashtriya Vayoshri Yojana for Senior Citizens of BPL category

Rashtriya Vayoshri Yojana for Senior Citizens of BPL category (Ministry of Social Justice & Empowerment) WHAT The Ministry of Social Justice and Empowerment has introduced a scheme for providing physical aids and Assisted-Living Devices for Senior Citizens belonging to BPL category named “Rashtriya Vayoshri Yojana (RVY)” on 1st April, 2017.   OBJECTIVE The Rashtriya Vayoshri Yojana was launched with the objective of providing Senior Citizens, belonging to Below Poverty Level (BPL) category and suffering from…

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One Stop Centre (OSC) scheme – Support Women

One Stop Centre (OSC) scheme (Ministry of Women and Child Development)   WHAT The Ministry of Women and Child Development (MWCD), Government of India is implementing One Stop Centre (OSC) scheme for setting up One Stop Centre since 1st April 2015 to support women affected by violence. This is a subscheme of Umbrella Scheme for National Mission for Empowerment of women including Indira Gandhi Mattritav Sahyaog Yojana. In India gender-based violence has many manifestations like…

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