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Sovereign Green Bond

In News The Finance Minister in her Budget 2022 speech announced the government will increase capital expenditure to a massive Rs 7.5 trillion in the next fiscal year. The budget announcement that stands out in terms of boosting green investment is the government’s promise to issue a sovereign green bond. What is Green Bond? It […]

Man Portable Air Defence System (MANPADS)

In News  Recently, the United States approved a $200-million arms package for Ukraine, which would include US-made Stinger Missiles, which are a type of shoulder-fired Man-Portable Air-Defence Systems (MANPADS).  What are MANPADS? Man-Portable Air-Defence Systems are short-range, lightweight and portable surface-to-air missiles that can be fired by individuals or small groups to destroy aircraft or […]

Legal Considerations of Blockchain Gaming in India

In Context  The vast scope and potential of blockchain technology has attracted the gaming industry over the past few years.  With the success that CryptoKitties has garnered, more blockchain games, such as Axie Infinity, have now been introduced. What is Blockchain? Blockchain is a decentralised database that stores information. It relies on technology that allows […]

Phosphorus Bombs

In News Recently, Ukrainian police have accused Russian forces of launching phosphorous bomb attacks in the eastern regions of Lugansk & and Donetsk, collectively called the Donbas. About International law prohibits the use of white phosphorus shells in heavily populated civilian areas but allows them in open spaces to be used as cover for troops. […]

Gallium Nitride (GaN)

In News  Recently, the Union Minister of State for Electronics & Information Technology visited the Gallium Nitride Ecosystem Enabling Centre and Incubator ( GEECI ) facility at the prestigious Indian Institute of Sciences (IISc), Bengaluru.  The facility has been jointly set up by the Ministry of Electronics and Information Technology and IISc Bengaluru aimed at […]

National Financial Reporting Authority

In News The government has appointed former finance secretary Ajay Bhushan Pandey as chairman of the National Financial Reporting Authority (NFRA) for a period of three years. National Financial Reporting Authority Regulatory Body: It is a regulatory body constituted by the Government of India under Sub Section (1) of section 132 of the Companies Act, […]

Global Energy Review: Coal Uses

In News A recent analysis from the International Energy Agency (IEA) has stated that India used more coal power in 2021 than 2020, which could delay its climate goals. Key Findings: India Rising Trend:  India used 13 percent more coal to generate electricity in 2021 than the previous year, given the COVID-19 pandemic.  This figure […]

Micro, small and medium enterprises (MSMEs) Sector

In News The slowdown in the economy in the wake of the COVID seems to have hit the MSME sector the most despite a host of loan restructuring schemes and packages announced by the Reserve Bank of India and the government. About Gross non-performing assets (NPAs) of MSMEs, or loans defaulted by these enterprises, rose […]

Biological and Toxin Weapons Convention (BTWC)

In News India emphasised on following the Biological and Toxin Weapons Convention (BTWC) at the UNSC meeting on Ukraine.  The meeting came after a request from Russia, who claimed that the US is involved in bio weapon manufacture in the war-torn country. Biological and Toxin Weapons Convention (BTWC) About: Came into force in 1975 and […]

Indigenous Production of Defence Products

In News Recently, 18 major platforms have been identified by the Ministry of Defence for industry led Design & Development under various routes. List of 18 Major Platforms Make-I Category: About:  Under the Defence Acquisition Procedure 2020, ‘Make’ Category aims to achieve self-reliance by involving greater participation of Indian industry.   Projects involving design and development […]

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