Kavach System: The Kavach system was announced in the 2022 Union Budget as a part of the Atmanirbhar Bharat initiative. It is India’s own automatic protection system, which is in development since 2012, under the name Train Collision Avoidance System (TCAS), which got rechristened Kavach or “armour”.It is a set of electronic devices and RadioRead more
Battery Swapping Policy: The policy aims to improve the efficiency of the battery swapping ecosystem for electric scooters and three-wheeler electric rickshaws, thereby driving EV adoption.As per the draft policy, all metropolitan cities with a population above 40 lakhs will be prioritized for the development of a battery swapping network under the first phase. BatteryRead more
Samarthya Scheme: The need for a single window system for inter- sectoral convergence of schemes and programs meant for women, the Government is setting up Hub for Empowerment of Women (HEW) at National, State and District levels under ‘Samarthya’ sub-scheme of ‘Mission Shakti, an Umbrella Scheme for safety, security and empowerment of women. The HubsRead more
National Waterway 2: The Sadiya-Dhubri stretch of the Brahmaputra river (891 Km) declared as National Waterway-2 in 1988 is located in the state of Assam. As per the National Waterways Act, 2016, 111 waterways have been declared as NWs. National Waterway-1 (Prayagraj-Haldia) with length 1620 km is the longest National waterway in India.Ministry of Ports,Read more
Surety Bond: Union Minister for Road Transport and Highways launched one of India’s first-ever Surety Bond Insurance product from Bajaj Allianz. A surety bond can be defined in its simplest form as a written agreement to guarantee compliance, payment, or performance of an act.Surety is a unique type of insurance because it involves a three-partyRead more
Ayushman Bharat Digital Mission: ABDM is the initiative started by the Government to digitalise health records across the country and includes QR code-based patient registration, Health Management Information System (HMIS) a software to manage data in any Hospital. It aims to provide digital health IDs for all Indian citizens to help hospitals, insurance firms, andRead more
Paradip Port: Paradip Port is a natural, deep-water port on the East coast of India in Jagatsinghpur district of Odisha.It is situated at confluence of the Mahanadi river and the Bay of Bengal. It is situated to the south of Kolkata and to the north of Visakhapatnam. The port is administered by the Paradip PortRead more
Regional Anti Terrorist Structure( RATS): SCO-RATS is a permanent body of the Sanghai Cooperation Organization (SCO). It is promoting coordination and interaction between the SCO member states as per as fight against terrorism, extremism and separatism are concern.The main functions of SCO-RATS are information sharing.As a member, India has actively participated in the activities ofRead more
Fisheries and Aquaculture Infrastructure Development Fund (FIDF):The FIDF scheme provides concessional finance to the State Governments/Union Territories and State entities for development of identified fisheries infrastructure facilities through the interest subvention up-to 3% per annum. The objectives of FIDF are; (i) Creation and modernization of capture & culture fisheries infrastructure, (ii) Creation of Marine AquacultureRead more
SEED scheme: The Scheme for Economic Empowerment of Denotified/Nomadic/SemiNomadic (SEED) communities was launched in February 2022 by the Ministry of Social Justice & Empowerment. It aims to provide free competitive exam coaching to these students, to provide health insurance to families, to uplift clusters of these communities through livelihood initiatives, and to provide financial assistanceRead more
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