National Technical Textile Mission: Ministry of Textiles clears 20 Strategic Projects in the areas of Specialty Fibres, Agro-textile, Protech, Sportech and Geotech segment under the Flagship Programme National Technical Textiles Mission (NTTM). It was approved in 2020 by the Cabinet Committee on Economic Affairs (CCEA) with the aim to position the country as a global leader in technical textiles and increase the use of technical textiles in the domestic market. It aims at taking the domestic market size from USD 40 billion to USD 50 billion by 2024. A Mission Directorate is operational in the Ministry of Textiles. It will be implemented for four years starting from 2020-2021.
E-Bank Guarantee: To further improve efficiency and transparency of internal processes and take forward the adoption of digital technology, NHAI has started accepting Electronic Bank Guarantees (E-BGs) and has also digitalized all its existing Bank Guarantees. NHAI is utilizing the E-BG services of National e-Governance Services Limited (NeSL), which facilitates reduction in physical paper movement and elimination of physical storage needs Bank Guarantee (BG) is a commercial instrument used as a legal contract in which a bank acts as a guarantor and undertakes an obligation to pay the beneficiary a certain amount of money specified in the guarantee if the debtor from the original contract does not fulfill his contractual obligations. The physical form of the BG presents challenges like time consuming verification process and possibility of frauds.
BHAVISHYA Portal: It is an online Pension Sanction and Payment Tracking System. It also captures personal information, service data and contact details like mobile number and email etc. The retiring employees will be kept informed of the progress of pension sanction process through SMS/E-mail. The Government will initiate efforts for universalization of the Integrated Pensioners’ Portal as Bhavishya 9.0 version, with the aim of enhancing “Ease of Living” for the Central Government Pensioners by incorporating various stand-alone Portals of Pensions department and 17 Pension Disbursing Banks’ portals so as to provide multiple services from a single window with a single login. State Bank of India is the first pension disbursing Bank to integrate its Pension Seva Portal with BHAVISHYA.
B-52 Bomber: B-52, also called Stratofortress, U.S. long-range heavy bomber, designed by the Boeing Company in 1948, first flown in 1952, and first delivered for military service in 1955. The United States is planning to deploy up to six nuclear-capable B-52 bombers to an air base in northern Australia, amid heightened tensions with China. B52 Bomber is designed and built by Boeing. The Boeing B-52 Stratofortress is an American long-range, subsonic, jet-powered strategic bomber. It has a 56-metre wingspan, it can carry nuclear and conventional weaponry and has a combat range of more than 14,000 kilometers. The B-52 Stratofortress fleet, which joined the US military during the Cold War and is anticipated to continue in service until 2050, is a critical component of the US defence strategy.
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