Face masks used by frontline healthcare professionals, which are of high technical quality, need special expertise for production, while a simple face mask that can contain the spread of the Corona virus is advised for the general public. Such a mask, though rudimentary in its action for containing the viral diffusion across the fabric layer, is expected to reduce the ...
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Power Ministry floats draft Electricity Act; invites suggestions within 21 days
Supply of quality power at affordable prices is essential for sustained growth of the economy of the country. For further development of the power sector, Ministry of Power has issued draft proposal for amendment of Electricity Act, 2003 in the form of draft Electricity Act (Amendment) Bill, 2020 for comments / suggestions from Stakeholders on 17th April 2020. Comments / observations ...
Read More »NALCO gets Mining Lease for Utkal-D Coal Block
National Aluminium Company Limited (NALCO), the Navratna CPSE, and one of leading producer of alumina and aluminium in the country has been granted the mining lease of Utkal-D coal block by the Government of Odisha, through a notification issued on April 16, by department of Steel & Mines. As per the notification, the mining lease of Utkal-D coal block is ...
Read More »SCTIMST scientists develop disinfected barrier-examination booth for examining COVID-19 patients
The examination booth is closed like a telephone booth for examining the patient without direct contact with the doctor to prevent transmission of infection Installed UV light in the booth disinfects the chamber after each patient leaves “A thoughtfully designed protective booth with clinician inputs is a good step in preventing transmission of infection”, says Professor Ashutosh Sharma, Secretary, DST. ...
Read More »RBI Allowed Banks to Declare Moratorium on Term Loans
Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities. The Indian Banks Association has answered a list of Frequently Asked Questions about the technicalities of the moratorium. QUESTION 1: When/what was the RBI announcement? ANSWER: Last week, the Reserve Bank of ...
Read More »CCI approves Joint Venture between Adani Green Energy Limited and Total S.A. in power generation through solar energy in India
The Competition Commission of India (CCI) approves formation of Joint Venture between Adani Green Energy Limited and Total S.A. in the business of power generation through solar energy in India. The proposed combination envisages Adani Green Energy Limited transferring certain of its subsidiaries to a newly incorporated company (JV). Subsequently, Total S.A. would directly or indirectly acquire 50% of the ...
Read More »34 lakh transactions effected through POSB and 6.5 lakh transactions through IPPB till date during lockdown period
During the lockdown period as on 31.03.2020, 34 lakh transactions were effected through POSB (Post Office Savings Bank) and 6.5 lakh transactions were effected through IPPB(India Post Payments Bank). Around 2 lakh accountable mails including speed post registered letters, parcels and money-orders were delivered. Mobile Post Offices are functioning in various circles like Kerala, Telengana, Uttar Pradesh, Delhi and some ...
Read More »Mineral Production during January 2020 (Provisional)
The index of mineral production of mining and quarrying sector for the month of January 2020 (Base: 2011-12=100) at 124.3, was 4.4% higher as compared to the level in the month of January, 2019. The cumulative growth for the period April- January, 2019-20 over the corresponding period of previous year has been (+) 1.0 percent. Mining ...
Read More »Infrastructure at Ports
The Ministry of Shipping is striving hard towards making its contribution in achieving the target of USD 5 trillion economy set by the Government. In this regard, 58 projects involving a cost of Rs. 49950 crore have been identified as part of National Infrastructure Pipeline (NIP) for infrastructure augmentation and development at major ports upto FY 2025. Three days ‘Chintan ...
Read More »Parliament Passes The Mineral Laws (Amendment) Bill, 2020
Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed the bill today while Lok Sabha already passed this bill on 6th March, 2020. The Mineral Laws (Amendment) Bill, 2020, will open a new era in Indian coal & mining ...
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