INAUGURATION OF THE SECOND INTEGRATED CHECK POST AT JOGBANI-BIRATNAGAR
Details: The Prime Minister of India will jointly inaugurate the second Integrated Check Post (ICP) at Jogbani-Biratnagar tomorrow with Prime Minister of Nepal, Shri K.P. Oli. The second Integrated Check Post at Jogbani-Biratnagar is built with Indian assistance to facilitate trade and people’s movement across India-Nepal border.
DEATH BY FIREWORKS: VIOLATIONS OF RULES IN HAZARDOUS INDUSTRIES
Why in news? Unsafe working conditions and improper handling of inflammable raw materials continue to endanger lives in the fireworks industry. Tragedies have not been confined to Sivakasi, deemed the fireworks capital of the world, where most such units are concentrated. In and around Sivakasi, the manufacturing of firecrackers in makeshift unlicensed units, rough handling […]
WILL THE AVIATION INDUSTRY RECOVER FROM THE PANDEMIC?
Why in news? The aviation industry, like several other sectors, is facing a crisis in the wake of the COVID-19 pandemic. With travel restrictions, grounded fleets, benched staff, schedule uncertainties, ticket liabilities and cash burn, questions are being raised on whether the civil aviation sector can survive the epidemic. Crisis in the Indian Aviation Industry […]
STIMULUS MUST PRECEDE LIFTING OF LOCKDOWN
Why in news? The Confederation of Indian Industries (CII) has said that before the lockdown is lifted, adequate notice should be given and an economic package announced. Views of the CII The principle should be that we look at opening up in concentric circles around the red zones. The radiating heat map should turn from […]
RESUME INDUSTRIAL ACTIVITY IN 15 SECTORS: DPIIT
Why in news? The Commerce and Industries Ministry has called for far-reaching measures to be taken to mitigate the effects of the COVID-19 lockdown, urging the Home Ministry to allow relaxations of the restrictions on a number of industry sectors. Recommendations Industrial activity be restarted in at least 15 sectors, including heavy electricals, electronics and […]
OIL UP OVER 2% ON OPEC CUT, STIMULI HOPES
Why in news? Oil prices jumped more than 4 per cent, up from multi-year lows hit earlier on 2nd March 2020, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak. The unprecedented disruption to economic activity in China has […]
MAJOR PORTS AUTHORITY BILL, 2020
Why in news? The Cabinet has given its nod to Major Ports Authority Bill that will replace a 1963 law governing country’s 12 major ports. Background: At present the ports are governed by a ports law of 1963. The major port sector has not seen the required level of fixed assets creation to pare the country’s high logistic costs owing […]
SAGARMALA PROGRAMME
What is Sagarmala Programme? The Sagarmala programme is the flagship programme of the Ministry of Shipping to promote port-led development in the country through harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes. Aims of Sagarmala Programme The main vision of the Sagarmala […]
TARGETS OF NH CONSTRUCTION AND PPP MODELS
Why in news? Development and maintenance of National Highways (NHs) is a continuous process. NH projects are identified annually as per available budgetary outlay, inter se priority, requirement of connectivity and traffic density. Government has fixed a target of 11000 Km for construction in the country for the current fiscal year. Salient features of the […]
MINERAL LAWS (AMENDMENT) BILL 2020
Why in news? The Parliament has passed Mineral Laws (Amendment) Bill 2020 that will amend the Mines and Minerals (Development and Regulation) Act 1957 and Coal Mines (Special Provisions) Act 2015. Under the Bill: Allocation of coal/lignite blocks for composite prospecting licence cum mining lease has been provided. o Currently, separate licenses are provided for prospecting and mining of […]