India Semiconductor Mission (ISM)
It was launched in 2021 to provide financial support for investments in semiconductor fabrication, display manufacturing & chip design, strengthening India’s integration into global electronics value chains. Under the Ministry of Electronics and Information Technology. Main Focus Areas Set up … Continue reading
Governor Role in Government Formation
Constitutional Framework Article 164: The Chief Minister is appointed by the Governor, and other ministers are appointed by the Governor on the advice of the Chief Minister. Governor’s Role in Different Scenarios Clear Majority: If a single party or a … Continue reading
International Big Cat Alliance (IBCA)
It is a global initiative for the conservation of the world’s seven big cats: the tiger, Lion, Leopard, Snow Leopard, Puma (Cougar/Mountain Lion), Jaguar, and Cheetah. Launched on the 50th anniversary of Project Tiger by India. Objectives: Promote conservation & … Continue reading
Teesta River
It is a trans-Himalayan River flowing through the Indian states of Sikkim and West Bengal, and Rangpur in Bangladesh. Originates as Chhombo Chhu from a glacial lake Khangchung Chho in Sikkim. It is a right bank tributary of the Brahmaputra … Continue reading
Emergency Credit Line Guarantee Scheme 5.0
The scheme aims to provide credit guarantee coverage of 100% for MSMEs and 90% for non-MSMEs, as well as the airline sector, to Member Lending Institutions (MLIs) by National Credit Guarantee Trustee Company Limited (NCGTC) for the amount in default … Continue reading
Fair and Remunerative Price (FRP)
Fair and remunerative price (FRP) is the minimum price at which sugarcane is to be purchased by sugar mills from farmers. The FRP is fixed by the Union government Cabinet Committee on Economic Affairs (CCEA) based on the recommendations of … Continue reading