Gramodyog Vikas Yojana: It is one of the two components of Khadi Gramodyog Vikas Yojana which aims to promote and develop the village industries through common facilities, technological modernization, training etc. It includes the activities carried out under different village industries.
Components: Research & Development and Product Innovation, Capacity Building, Marketing & Publicity.
KVIC: It is a statutory body established under the Khadi and Village Industries Commission Act, of 1956. The KVIC is charged with the planning, promotion, organisation and implementation of programmes for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary. Nodal Ministry: Ministry of Micro, Small and Medium Enterprises.
World Investment Report 2023: The United Nations Conference on Trade and Development (UNCTAD) published its World Investment Report 2023. India and ASEAN were the most buoyant recipients of Foreign direct investment (FDI), with increases of 10 and 5%, respectively. FDI inflows were higher in developing countries compared with those in developed economies. China, the second largest FDI host country in the world, saw a 5% increase.FDI in the Gulf region declined, but the number of project announcements increased by two-thirds.
Inflows in many smaller developing countries were stagnant, and FDI to the least developed countries (LDCs) declined. Much of the growth in international investment in renewable energy has been concentrated in developed countries.
The investment gap across all sectors of the Sustainable Development Goals has increased to more than $4 trillion per year from $2.5 trillion in 2015. The largest gaps are in energy, water and transport infrastructure.
Bhashini Platform: Digital India BHASHINI, is India’s Artificial Intelligence (AI)-led language translation platform. It seeks to enable easy access to the internet and digital services in Indian languages, including voice-based access, and help the creation of content in Indian languages. It aims to make Artificial Intelligence and Natural Language Processing (NLP) resources available in the public domain to be used by — Indian MSMEs, startups and individual innovators. This will help developers to offer all Indians easy access to the internet and digital services in their native languages. This online platform also has a separate ‘Bhasadaan’ section which allows individuals to contribute to multiple crowdsourcing initiatives, and it is also accessible via respective Android and iOS apps.
Brahmos Missile: It is a supersonic cruise missile. It is a joint venture between the Defence Research and Development Organisation (DRDO) of India and NPOM of Russia. It is named after the rivers Brahmaputra and Moskva. It is a two-stage missile with a solid propellant engine in the first stage and a liquid ramjet in the second. The system has been designed with two variants for Anti-Ship and Land-Attack roles. Brahmos is one of the fastest cruise missiles currently operationally deployed with the speed of Mach 2.8, which is nearly 3 times more than the speed of sound. It has a launch weight of 2,200-3,000 kg. It operates on the “Fire and Forgets” principle, adopting varieties of flights on its way to the target.
BrahMos is equipped with stealth technology designed to make it less visible to radar and other detection methods. It has an inertial navigation system (INS) for use against ship targets, and an INS/Global Positioning System for use against land targets.