Standing Deposit Facility: In 2018, the amended Section 17 of the RBI Act empowered the Reserve Bank to introduce the SDF – an additional tool for absorbing liquidity without any collateral. By removing the binding collateral constraint on the RBI, the SDF strengthens the operating framework of monetary policy. The SDF is also a financial stability tool in addition to its role in liquidity management. The SDF will replace the fixed-rate reverse repo (FRRR) as the floor of the liquidity adjustment facility corridor. Both the standing facilities — the MSF (marginal standing facility) and the SDF will be available on all days of the week, throughout the year.
Coal Gasification: It is the process of producing syngas, a mixture consisting of carbon monoxide (CO), hydrogen (H2), carbon dioxide (CO2), natural gas (CH4), and water vapour (H2O). During gasification, coal is blown with oxygen and steam while also being heated under high pressure. During the reaction, oxygen and water molecules oxidize the coal and produce syngas. Benefits:
- Transporting gas is a lot cheaper than transporting coal.
- Help address local pollution problems.
- Has greater efficiency than conventional coal-burning because it can effectively use the gases twice: the coal gases are first cleansed of impurities and fired in a turbine to generate electricity. The exhaust heat from the gas turbine can be captured and used to generate steam for a steam turbine-generator.
PM-DAKSH: Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi Yojana is launched by Ministry of Social Justice and Empowerment and implemented from the year 2020-21. Under this, eligible target groups are provided with the skill development training programmes on Short Term Training Program; Up-Skilling/Reskilling; Entrepreneurship Development Programme, and Long Term Training Programme. These training programmes are being implemented through the government training institutes, sector skill councils that have been constituted by the Ministry of Skill Development and Entrepreneurship, and other credible institutions. Eligibility: Marginalized persons of SC (Scheduled Caste), OBC (Other Backward Classes), Economically Backward Classes, Denotified tribes, Sanitation workers including waste pickers, manual scavengers, transgenders and other similar categories. Implementation: It is implemented by the three Corporations under the Ministry: National Scheduled Castes Finance and Development Corporation (NSFDC), National Backward Classes Finance & Development Corporation (NBCFDC), National Safai Karamcharis Finance and Development Corporation (NSKFDC).
INCOIS: INCOIS is an autonomous organization under the Ministry of Earth Sciences (MoES). It is located in Hyderabad & was established in 1999. It is a unit of the Earth System Science Organization (ESSO), New Delhi. It is mandated to provide the best possible ocean information and advisory services to society, industry, government agencies and the scientific community through sustained ocean observations and constant improvement through systematic and focused research.
Pinaka missile systems: Pinaka Mk-1 (Enhanced) Rocket System (EPRS) and Pinaka Area Denial Munition (ADM) rocket systems have been successfully flight-tested by Defence Research and Development Organisation and Indian Army at Pokhran. The new Pinaka ER gives it a range of around 70 km, over the 45 km existing range of the missile which has been with the Indian forces for nearly a decade. The Pinaka is a Multi-Barrel Rocket-Launcher (MBRL) system which can fire a salvo of 12 rockets over a period of 44 seconds.