The Defense Ministry has released a new procurement policy, this policy aims to boosts Indigenous production and expedite defense procurement. For the first time it allows for lease of defense equipment, pushes for more indigenous content and brings in after-sales support under the contract of capital acquisition. This news is related to the topic, government policies of GS 2. This news is important for both mains and prelims.
The 14th Commission Grants which were withheld previously amounting to Rs.2570 crore were released. The grants were given to Tamil Nadu, Andhra Pradesh, Odisha, Arunachal Pradesh, Nagaland and Meghalaya, with Tamil Nadu getting a lion’s [Read More]
Genome editing is a technique where DNA strands are cut, which was developed by scientists in Germany and the US a decade ago. This method allows for the editing of genes. By employing sequence specific [Read More]
Government securities, often known as G-secs, are debt instruments that the government issues to borrow money. It accepts the government’s debt obligation. These securities come in two varieties: short-term (sometimes referred to as “treasury bills,” [Read More]
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