Daily Current Affairs  – 11 March 2021

                                  Facts in News Scorpene Class Submarine Indian Navy’s third stealth Scorpene-class Submarine INS Karanj was recently commissioned. The Scorpène-class submarines are a class of diesel-electric attack submarines jointly developed by the French and the Spanish companies. It features […]

In News Recently, various private companies have directed themselves towards setting up New Umbrella Entities (NUEs) for payment systems. Background The idea of NUEs was floated by the Reserve Bank of India (RBI) to create an alternate mechanism to the existing National Payments Corporation of India (NPCI). The Reserve Bank of India (RBI) has proposed […]

In News The Union Cabinet, chaired by the Prime Minister approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Section 136-b of Finance Act, 2007. About The accruals into the PMSSN will be utilised for the […]

In News The Department of Telecommunications (DoT) amended licensing conditions for telecom companies by including defence and national security as parameters in purchase of telecom equipment for trusted sources. Key Highlights The government will declare a list of trusted sources and trusted products for installation in the country’s telecom network. Telcos can use telecom products […]

In News Recently, the Agricultural and Processed Food Products Export Development Authority (APEDA) has organised the first ever Virtual Trade Fair to boost export potential of India’s agricultural and processed food products. Rationale Behind the Step Because of COVID19 related restrictions on physical travel and trade, APEDA has initiated the concept of VTF for sustaining […]

In News The Kerala High Court restrained the Centre from taking coercive action against Live Law Media Private Ltd., which owns a legal news portal, for any non-compliance with Part III of the new IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 […]

In News According to the study by the National Employability Through Apprenticeship Program (NETAP), India’s apprenticeship ecosystem is currently witnessing a positive momentum. National Employability Through Apprenticeship Programme It is India’s fastest growing blended apprenticeship training program. Set up in 2014 as a 100% employer-funded Public-Private Partnership (PPP). The program was launched by the Ministry […]

In News NITI Aayog and Rocky Mountain Institute (RMI) India released a new report called ‘Mobilising Electric Vehicle Financing in India’. Key Highlights of the Report Extent of Finance Needed: The transition will require a total capital investment of USD 266 billion (INR 19.7 lakh crore) in EVs, charging infrastructure, and batteries over the next […]