India’s First Fully Automated Metro

Recently, the Prime Minister has inaugurated the country’s first fully automated Metro, (Driverless Metro) on Delhi Metro’s Magenta Line. He also extended the fully operational National Common Mobility Card (NCMC) to the Airport Express Line of the Delhi Metro Rail Corporation (DMRC). Key Points Driverless Metro: With this achievement, DMRC has entered the elite league of 7% of the world’s Metro networks where such a

Special Zero Coupon Recapitalisation Bonds

Recently, the government has used financial innovation to recapitalise Punjab & Sind Bank by issuing the bank Rs. 5,500 crore worth Special Zero Coupon Recapitalisation Bonds. Punjab & Sind Bank is a Government of India undertaking. Key Points Bank Recapitalisation: It means infusing more capital in state-run banks so that they meet the capital adequacy norms. Indian public sector banks are emphasized to

Pneumosil Vaccine

Recently, India’s first fully indigenously developed pneumococcal conjugate vaccine “Pneumosil” has been launched. Key Points Developed by: Serum Institute of India (SII), through a collaboration with PATH and Bill and Melinda Gates Foundation. Serum Institute of India is a Pune based world’s largest vaccine manufacturer by number of doses produced and sold globally. PATH is an international, nonprofit global health organization based in Seattle (USA). The Bill & Melinda Gates Foundation (BMGF) is

New Rule in GST

Recently, the Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory for businesses with a monthly turnover of more than Rs. 50 lakh to pay at least 1% of their Goods and Services Tax (GST) liability in cash. It will be effective from 1st January 2021. Key Points The new rule restricts use of Input Tax Credit (ITC) for discharging GST liability to 99%. The

Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ Project

Recently, a review meeting of the “Adopt a Heritage: Apni Dharohar, Apni Pehchaan” project was held. Key Points Launch: 27th September, 2017 (World Tourism Day). Ministries/Agencies Involved: It is a collaborative effort by the Ministry of Tourism, Ministry of Culture and Archaeological Survey of India (ASI), State/UTs Governments. Aim: To develop tourism amenities at heritage/ natural/ tourist sites spread across India for making them tourist friendly, in a planned and phased manner.

Dedicated Freight Corridor

Prime Minister has inaugurated a 351-km section between Khurja and Bhaupur in Uttar Pradesh for commercial operations of the Dedicated Freight Corridor (DFC). The concept of Dedicated Freight Corridor (DFC) was mooted in 2006 to generate substantial capacity for freight traffic by developing separate tracks on identified routes. The Dedicated Freight Corridor Corporation of India

Global Alliance for Vaccines and Immunisation

Union Health Minister has been nominated by the Global Alliance for Vaccines and Immunisation (GAVI) as a member on the GAVI Board. GAVI is a public-private global health partnership with the goal of increasing access to immunisation in poor countries. GAVI has observer status at the World Health Assembly. GAVI has been praised for being

Digital Ocean

The Ministry of Earth Sciences has inaugurated the web-based application “Digital Ocean” developed by INCOIS. Digital Ocean is a first of its kind digital platform for Ocean Data Management. The platform will be promoted as a platform for capacity building on Ocean Data Management for all Indian Ocean Rim countries. It would help share ocean

Sea of Galilee

The Sea of Galilee, well-known in Jewish, Christian and Islamic lore, has swelled up due to recent rains, according to reports in the Israeli media. The lake lies in northern Israel, between the occupied Golan Heights and the Galilee region. It is fed by underground springs but its major source is the Jordan River. The

TiHAN

Union Minister of Education laid the foundation stone of ‘TiHAN-IIT Hyderabad’, India’s first Testbed for Autonomous Navigation Systems (Terrestrial and Aerial). TiHAN is an acronym for Technology Innovation Hub on Autonomous Navigation and Data Acquisition Systems (UAVs, RoVs etc.). It is a multi-departmental initiative, including researchers from Electrical, Computer Science, Mechanical and Aerospace, Civil, Mathematics,

Recent Posts

We provides the best study sources required for you to clear the UPSC civil services exam.

Follow Us

Email: team.2thepoint@gmail.com