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Posted 31 Aug 2024

8 min read

MoU With Malaysia for Tourism

India and Malaysia Sign Memorandum of Understanding (MoU) for Strengthening Cooperation in the Field of Tourism.

  • It will help in Promotion and marketing of tourism; with special focus on medical tourism, business tourism and ecotourism, Expansion in tourism research and training, etc.
  • Malaysia is one of the important inbound tourist source markets for India. 
    • In the year 2022, over 2.5 lacs Malaysian tourists visited India.
  • Recently, India and Malaysia elevated ties to Comprehensive Strategic Partnership.
  • Tags :
  • Tourism
  • Malaysia

Colombo Security Conclave (CSC)

The Member States of the CSC signed the Charter and the MoU for the Establishment of the CSC Secretariat.

About Colombo Security Conclave

  • It is a regional security grouping.   .
  • Aim: To make maritime security, marine pollution response and maritime search & rescue priorities for the Indian Ocean Region (IOR).
  • Members: India, Sri Lanka, Mauritius, Maldives and recently joined by Bangladesh.
  • Five pillars of cooperation: Maritime Security; Countering Terrorism; Combating Transnational Organised Crime; Cyber Security; and Humanitarian Assistance.
  • Tags :
  • indian ocean region
  • Colombo Security Conclave (CSC)

Earth’s Ambipolar Electric Field (AEF)

Measurements from NASA’s Endurance mission confirmed the existence of the AEF responsible for shaping Earth’s ionosphere. 

  • Launched in 2022, Endurance Mission aims to measure Earth’s global electric potential.

About AEF

  • Bidirectional weak electric field in the upper atmosphere. 
  • Hypothesized 60 years ago and originates at around 250 Km altitude, where atoms break into electrons and positively charged ions.
  • In the absence of this field, the two charges would have eventually drifted apart. 
  • The effect of this field is the extension of the atmosphere's height, causing some ions to escape with the polar wind.
  • Tags :
  • NASA
  • Endurance Mission
  • Ambipolar Electric Field (AEF)

FM Nirmala Sitharaman approves 'Navratna' status for four CPSEs

Government accorded ‘Navratna’ status to four Central Public Sector Undertakings.

  • These are Railtel Corporation of India, Solar Energy Corporation of India, Satluj Jal Vidyut Nigam, and National Hydroelectric Power Corporation. 

About Navratna Status

  • Criteria: Public undertaking having Miniratna I, Schedule ‘A’ & ; have obtained ‘excellent’ or ‘very good’ MoU ratings in 3 of last 5 years.
  • Navratna public undertakings can invest up to 30% of their net worth in a year, with a cap of ₹1,000 crore.
  • Tags :
  • Navratna Status
  • Central Public Sector Undertakings

Aravalli engines

Hindustan Aeronautics Limited (HAL) has entered into an agreement with SAFHAL Helicopter Engines Private Limited to develop and produce the Aravalli engine.

  • It is being developed for powering next-gen helicopters of HAL -Indian Multi-Role Helicopter (IMRH) and Deck-Based Multi-Role Helicopter (DBMRH).
  • SAFAL is a joint venture between France-based Safran Helicopter Engines and HAL.
  • Tags :
  • Hindustan Aeronautics Limited
  • Aravalli engines

Project NAMAN

The Indian Army launched the first phase of Project NAMAN.

Project NAMAN

  • It is designed to provide dedicated support and services to Defence pensioners, veterans, and their families.
  • Project NAMAN is centred around SPARSH (System for Pension Administration Raksha), and it also offers Government to Citizen (G2C) services, and Business to Consumer (B2C) services. 
    • SPARSH is being implemented for meeting the pension sanction and disbursement requirements for Armed Forces.
  • Project involves the establishment of reception and facilitation centres, enabled through a tripartite MoU between the Indian Army, Common Service Centre (CSC), and HDFC Bank.
  • Tags :
  • Army
  • CSCs
  • sparsh

Dispute Resolution Scheme (e-DRS)

e-DRS application must be filed within one month from the date of receipt of specified order.

About e-DRS

  • Central Board of Direct Taxes (CBDT) had notified the e-DRS, 2022 to reduce litigation and provide relief to eligible taxpayers.
  • Under e-DRS, taxpayers can opt for e-Dispute Resolution against a ‘specified order’ if:
    • Aggregate sum of variations proposed or made does not exceed Rs.10 lakh and 
    • Returned income for the relevant assessment year does not exceed Rs. 50 lakh
  • Act also provides for the constitution of Dispute Resolution Committees (DRC).
  • Tags :
  • Income-tax Act,1961.
  • ⁠CBDT

Joint Bank Account for Queers

Both the Finance Ministry and RBI issued clarification that persons of Queer community can open joint bank accounts and declare their partners as nominees. 

  • Earlier, the Supreme Court (SC) directed the government for the same. 

Queer/LGBTQ+ Community

  • Navtej Singh Johar (2018) case, SC decriminalized same-sex relations. 
    • Although, same sex marriages are not recognized in India. 
  • Transgender Persons (Protection of Rights) Act, 2019 provides for their welfare.
  • Tags :
  • Queer Community
  • LGBTQIA
  • Navtej Singh Johar (2018) case
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