Joshi Laboratory Excellence Award by QCI

QCI (Quality Council of India) launches Prof. S.K. Joshi Laboratory Excellence Award. This is Indias first laboratory excellence award. The Excellence Award has been instituted to promote Laboratory Quality and performance improvement in the country.

Highlights:

The award has been incepted to ensure the laboratorys dedication to attain excellence in presenting high precision checking out and calibration offerings in line with the universal national/international high-quality structures legislations, inclusive of Health, Safety & Environment.

This award will be open to all presently operational laboratories pertaining to Testing, Calibration & Medical along with their Proficiency Testing Providers & Reference Material Producers positioned in India.

Forest Rights Act 2006 To be Carried Out

Forest Rights Act of 2006 was to be carried out in Jammu and Kashmir.

Highlights:

The Government of Jammu & Kashmir has decided to implement the Forest Rights Act, 2006.

It will enhance the socio-economic status of tribes and nomadic communities, including Gujjar-Bakarwals and Gaddi-Sippis.

The decision will address the prolonged struggling of tribal people and also ensure forest conservation.

T+1 Settlement System – SEBI

(SEBI) has provided a T+1 settlement system for stock Market exchanges. If the stock exchange agrees to the proposal, buyers will get cash for Shares they sold or bought in their accounts faster, and in a safer and secure Environment.

About T+1 (T+2, T+3) cycles:

T+1 (T+2, T+3) refers to the abbreviation of the settlement date of securities transactions.

“T” represents the transaction date, that is, the date on which the transaction occurred.

The numbers 1, 2, or three denote how many days after the transaction date the settlementor the transfer of cash and protection ownershiptakes place.
T+1 refers to stocks and Mutual Funds, while T+1, T+2, and T+3 refer to Bonds and Money market funds.

Digital Agriculture – Ministry of Agriculture

The Ministry of Agriculture-notes-for-state-psc-exams”>Agriculture and Farmer Welfare signs 5 memorandums of understanding with private enterprises to advance digital agriculture.

The government has launched a digital agriculture mission from 2021 to 2025. The project is based on new technologies such as , blockchain, remote sensing and GIS technology, the use of drones and robots.

The Agriculture value chain extends from crop selection to crop management and the market; it includes public and non-public players in agricultural inputs and Services and also Logistics.

In addition to promoting innovation, the establishment of an agricultural digital ecosystem requires a long-term perspective on interoperability, data Governance, data quality, data standards, security, and privacy.

First Five-Country Biosphere Reserve of the World

Mura-Drava-Danube (MDD) was declared as the worlds first five-country Biosphere reserve by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

Highlights:

The biosphere reserve covers seven hundred kilometres of the Mura, Drava and Danube rivers and stretches across , Slovenia, Croatia, Hungary and Serbia.

The complete vicinity of the reserve is a million hectares – in the so-called Amazon of Europe, which is now the greatest riverine included area in Europe.

The biosphere represented an essential contribution to the European Green Deal (Climate motion plan) and contributed to the implementation of the European Union Biodiversity Strategy in the Mura-Drava-Danube region.

The strategys aim is to revitalise 25,000 km of rivers and guard 30% of the European Unions land area through 2030.

The vicinity is one of the richest in Europe in terms of Species diversity. It is domesticated to floodplain forests, gravel and sand banks, river islands, oxbows and meadows.

Retail Direct Gilt Accounts Scheme RBI

The Reserve Bank Of India (RBI) has announced a scheme that will allow retail investors to open retail direct gilt accounts (RDG) directly with the central bank.

Highlights:

In February 2021, the RBI Retail Direct facility was announced as part of ongoing efforts to increase retail participation in .

A “Gilt Account” is an account opened and maintained by an entity or a person for the purpose of holding Government securities.

Goal: To improve the ease of access for retail investors by providing online access to the G-secs market both primary and secondary as well as the ability to open a gilt securities account (Retail Direct’) with the Reserve Bank of India.

The account can be opened through a dedicated online portal that will provide registered users with access to the main issuance of government securities (G-secs) and NDS-OM.

Anniversary of Skill India Mission

PM Modi has addressed the nation on 15 July 2021, on World Youth Skills Day and it’s the sixth anniversary of the Skill India Mission.

About Skill India Mission:

Skill development of the new generation youth is a national need and a vast foundation for a self-reliant India. According to PM, under Skill India Mission, 1.25 crore youth have been trained to date.

The government launched the skill India Mission initiative to train over 40 crore Indians in different jobs related to the . Under this mission, the government seeks to create an empowered workforce by 2022 with the help of several schemes and training courses.

First Pod Taxi Service in India

IPRCL (Indian Port Rail & Ropeway Corporation Limited) has prepared a Detailed Project Report (DPR) for the pod taxi service between Film City and Noida Airport at Jewar.

Highlights:

There are ideas to run a driverless taxi between these two destinations. The cost will be about Rs 862 crore, according to the DPR submitted to the Yamuna Expressway Industrial Development Authority (Yeida). This is 14 km long. And, this will be the first pod taxi service in India. Pod taxis can accommodate four to six passengers per car. This vital project will provide smooth connectivity to residential and industrial areas falling between film city and the Noida International Airport. As per the DPR, the corridor will pass through various sectors such as 21, 28, 29, 30 and 32, falling under the Yeida region.

MoU between India and Denmark

The Cabinet has approved a Memorandum of Understanding (MoU) on Health and Medicine Cooperation between India and the Kingdom of Denmark.

Highlights:

Through joint initiatives and technology development in the , the bilateral MoU will encourage cooperation between India’s Ministry of Health and Family Welfare and Denmark’s Ministry of Health.

It will strengthen India-Denmark bilateral ties.

MoU between India and Russia

The Cabinet has approved a Memorandum of Understanding (MoU) between India and the Russian Federation on cooperation in the production of coking coal, which is used in the production of steel.

Highlights:

The goal of the memorandum of understanding is to strengthen cooperation in the steel between the governments of India and Russia.

The MoU will benefit the entire steel industry by lowering input costs. This could reduce the cost of steel in the country while also promoting Equity and inclusiveness.

The Memorandum of Understanding will establish an institutional mechanism for India and Russia to cooperate in the coking coal sector.