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Pinaka weapon system successfully tested

DRDO has successfully tested the powerful guided Pinaka weapon system. During the test, its lethality, accuracy and ability to attack multiple targets simultaneously were tested. It has been completely manufactured in the country.It can fire 12 rockets in 44 seconds.It is named after Lord Shiva’s bow ‘Pinaka’. Website URL: https://www.sanskritiias.com/current-affairs/pinaka-weapon-system-successfully-tested Country List: India

World Cities Report 2024

UN Habitat released a report titled World Cities Report 2024: Cities and Climate Action.  According to the report, more than 2 billion people currently living in cities may face an additional temperature rise of at least 0.5 degrees Celsius by the year 2040. 36% of the global population living in cities may experience an average annual temperature of 29 degrees Celsius or more. Website URL:…

Fertility rate declining in India: United Nations

According to the United Nations report, the fertility rate among Indian women is declining. This is the average number of children born to women during their reproductive years. For the population to remain stable in a given area, the total fertility rate should be 2.1. Currently, the fertility rate per woman in India has come down to 2. In the year 1950, this figure was…

World Intellectual Property Indicators (WIPI) Report 2024

The World Intellectual Property Organization (WIPO) has published the World Intellectual Property Indicators (WIPI) Report 2024, highlighting global trends in intellectual property (IP) filings. According to the report, India has made significant progress in the global intellectual property (IP) landscape. Ranked among the top 10 countries for patents, trademarks and industrial designs.India now ranks 6th globally with 64,480 patent applications. Website URL: https://www.sanskritiias.com/current-affairs/world-intellectual-property-indicators-wipi-report-2024 Country List:…

International Solar Alliance (ISA)

The International Solar Alliance (ISA) is an intergovernmental organization that was launched in 2015, by the Prime Minister of India and the President of France, at the United Nations Climate Change Conference held in Paris.  ISA is an action-oriented, member-driven, collaborative platform for increased deployment of solar energy technologies. To facilitate the deployment of 1000 GW of solar energy capacity globally by 2030.   Website…

Project Shaurya Gatha

 Chief of Defence Staff (CDS) General Anil Chauhan launched Project ‘Shaurya Gatha’ during the second edition of the Indian Military Heritage Festival.’Project Shaurya Gatha’ is an initiative of the Department of Military Affairs (DMA). It has been started in collaboration with the Center for Military History and Conflict Studies under the United Services Institute (USI). Website URL: https://www.sanskritiias.com/current-affairs/project-shaurya-gatha Country List: India

AGRISURE (AGRI FUND FOR START-UPS & RURAL ENTERPRISES) SCHEME

Minister for Agriculture and Farmers Welfare and Rural Development launched the AgriSURE (Agri Fund for Start-ups & Rural Enterprises) Scheme. It was announced in Budget 2022-23. Through this, an Alternative Investment Fund (AIF) of Rs 750 crore will be established.  The Ministry of Agriculture and NABARD will contribute Rs 250 crore each to this fund and Rs 250 crore will be raised through other financial…

Harshvardhan Agarwal becomes President of FICCI

Recently Harshvardhan Agarwal has been elected as the President of the Federation of Indian Chambers of Commerce and Industry (FICCI) for 2024-25. Currently Agarwal is working as the Senior Vice President of FICCI. He will replace Anish Shah as the President of FICCI. FICCI is India’s largest and oldest trade organization.   Website URL: https://www.sanskritiias.com/current-affairs/harshvardhan-agarwal-becomes-president-of-ficci Country List: India

MSME Cluster Outreach Programme

Union Finance Minister launches National MSME Cluster Outreach Programme. Union Finance Minister launched a national programme to promote financial access for micro, small and medium enterprises (MSMEs). It is jointly organised by the Department of Financial Services (DFS), Ministry of Finance, Government of India and Small Industries Development Bank of India (SIDBI). Ministry of Micro, Small and Medium Enterprises (MSME), Website URL: https://www.sanskritiias.com/current-affairs/msme-cluster-outreach-programme Country List:…

Disaster Management Amendment Bill 2024

The Disaster Management (Amendment) Bill, 2024 was introduced in Lok Sabha on August 1, 2024.  The Bill amends the Disaster Management Act, 2005.   Disaster Management (DM) Act, 2005 was enacted to provide for effective management of disasters and for matters connected therewith.  The Bill aims to mainstream disaster management in development plans.  Amendment Bill will bring more clarity and convergence in roles of authorities and…