MISSION SAGAR
Why in news? As part of the Government of India outreach amidst the ongoing COVID-19 pandemic, Indian Naval Ship Kesari has departed for Maldives, Mauritius, Seychelles, Madagascar and Comoros, to provide Food Items, COVID related Medicines including HCQ Tablets and Special Ayurvedic Medicines with Medical Assistance Teams embarked, on 10 May 2020. Significance This deployment […]
OPERATION SAMUDRA SETU
Why in news? INS Jalashwa, deployed for “Operation Samudra Setu”, entered Kochi harbour with a total of 698 Indian nationals stranded at Maldives. INS Magar, the second Indian Naval ship to reach Male, Maldives for evacuation of Indian citizens. Operation Samudra Setu The Indian Navy has launched ‘Operation Samudra Setu’ as a part of national […]
INDIGENOUS IgG ELISA TEST
Why in news? The Indian Council of Medical Research (ICMR)-National Institute of Virology (NIV) at Pune has developed and validated the indigenous IgG ELISA test “COVID KAVACH ELISA” for antibody detection for COVID-19. Most of the diagnostic material for COVID19 is imported into India from other countries. Therefore, Indian scientists are tirelessly engaged in developing indigenous diagnostics […]
NATIONAL TECHNOLOGY DAY
Why in news? The National Technology Day is celebrated on May 11. Technology Development Board (TDB) is organising a conference titled “RESTART” on National Technology Day 2020. National Technology Day TDB, on behalf of the Ministry of Science & Technology, celebrates May 11 every year as National Technology Day to commemorate achievements of innovations and […]
SHRAMIK SPECIAL TRAINS
Why in news? Subsequent to the Ministry of Home Affairs order regarding movement of migrant workers, pilgrims, tourists, students and other persons stranded at different places by special trains, Indian Railways had decided to operate “Shramik Special” trains. About “Shramik Special” Trains “Shramik Special” trains started running from May 1 (Labour Day). These special trains will run from point […]
SECTION 6 OF THE INCOME-TAX ACT, 1961
What is Section 6 of the Income-Tax Act, 1961 Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to residency of a person. The status of an individual is dependent on the period for which the person is in India during a year – to decide as to whether he is resident in […]
SECI, A CPSU, CONDUCTS E-REVERSE AUCTION FOR RE PROJECTS
Why in news? The Indian Renewable Energy (RE) sector has witnessed history today, as the e-Reverse Auction(e-RA) for 400 MW RE (Renewable Energy) Projects with Round the Clock (RTC) supply, was concluded at an astounding first year tariff of Rs.2.90/kWh. The bidding was conducted by Solar Energy Corporation of India Ltd., a Central PSU under […]
INDIA & AIIB SIGN AGREEMENT FOR COVID-19 SUPPORT
Why in news? The Government of India and the Asian Infrastructure Investment Bank (AIIB) signed a US$ 500 million “COVID-19 Emergency Response and Health Systems Preparedness Project”. Details: This new support will cover all States and Union Territories across India and address the needs of infected people, at-risk populations, medical and emergency personnel and service […]
INR – USD FUTURES AND OPTIONS CONTRACTS
Why in news? Union Minister for Finance & Corporate Affairs launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar. Background: What are futures? Futures are contracts made between two parties wherein they agree to buy or sell a […]
INDIAN RED CROSS SOCIETY COMPLETED 100 YEARS
Why in news? Indian Red Cross Society completed 100 years of existence. Indian Red Cross Society: Established in 1920 under the Indian Red Cross Society Act and incorporated under Parliament Act XV of 1920. President of India is designated the President of the Indian Red Cross Society and Union Health Minister is the Chairman of the Society. The […]