Category Archives: Current Affairs March 2024

Ministry Of Heavy Industries Partners With IIT Roorkee In Automotive And EV Sector

In a significant step towards promoting innovation and advancing the automotive and electric vehicle (EV) sector, the Ministry of Heavy Industries and the Indian Institute of Technology, Roorkee have signed a Memorandum of Understanding (MoU). MHI has allocated a grant of ₹19.8745 Cr. for research, development, and implementation, further supplemented by ₹4.78 Cr. from industry… Read More »

World Consumer Rights Day 2024

World Consumer Rights Day is celebrated annually on March 15 across the globe. This day aims to raise awareness about the rights and responsibilities of consumers in the marketplace. It emphasizes the importance of protecting consumer rights, ensuring fair and ethical business practices, and holding companies accountable. This year, the theme chosen by Consumers International… Read More »

President Abbas Named Mohammad Mustafa As New Palestinian PM

President Mahmoud Abbas of the Palestinian Authority (PA) has appointed Mohammad Mustafa as the new Prime Minister. Mustafa, a U.S.-educated economist, is one of the leading Palestinian business figures with a track record of overseeing Gaza’s reconstruction efforts under Hamas’ rule. As the new Prime Minister, Mustafa will need to navigate the complex political landscape… Read More »

Prime Minister Modi Launches PM-SURAJ Portal To Empower Marginalized Communities

Prime Minister Narendra Modi inaugurated the ‘Pradhan Mantri Samajik Utthan and Rozgar Adharit Jankalyan’ (PM-SURAJ) national portal during an event organized by the Ministry of Social Justice and Empowerment. The portal signifies the government’s commitment to extending credit support and empowering one lakh entrepreneurs from disadvantaged communities. Under the National Action for Mechanized Sanitation Ecosystem… Read More »

Bank Of Baroda Launches Bob Earth Green Term Deposit Scheme

Bank of Baroda, one of India’s leading public sector banks, has announced the launch of the bob Earth Green Term Deposit Scheme. The scheme aims to raise deposits that will be used to finance eligible environment-friendly projects and sectors, fostering India’s transition to a green and sustainable economy. Interest Rates Tenors & Interest Rates Time Period… Read More »

Ministry Of Heavy Industries Announces Electric Mobility Promotion Scheme 2024

The Ministry of Heavy Industries, Government of India, in collaboration with the Department of Expenditure, Ministry of Finance, introduces the Electric Mobility Promotion Scheme 2024 (EMPS 2024). This scheme aims to expedite the uptake of electric vehicles (EVs) within the country, fostering a sustainable and eco-friendly transportation ecosystem while bolstering the EV manufacturing sector.

Prime Minister Narendra Modi Inaugurates India’s First Automobile In-Plant Railway Siding

In a historic moment, Prime Minister Narendra Modi unveiled the inaugural automobile in-plant railway siding at Suzuki Motor Gujarat Private Limited, a wholly-owned subsidiary of Maruti Suzuki India Limited (MSIL). The ceremony, conducted via video conferencing, signifies a pivotal advancement in the execution of the Prime Minister’s flagship Gati Shakti programme. A Milestone in Green Logistics Maruti Suzuki’s Commitment… Read More »

World Plumbing Day 2024, Date, History & Importance

World Plumbing Day, held annually on 11 March, is an international event initiated by the World Plumbing Council to recognize the crucial role plumbing plays in societal health and amenity. The WPC works year-round, in partnership with organizations like the World Health Organization, to promote the benefits of safe plumbing. History and Global Celebration The idea behind World Plumbing Day is… Read More »

NGEL Signs MoU With RVUNL To Develop Renewable Energy & Green Hydrogen Projects

On March 10th, 2024, both NTPC and its renewable energy arm NGEL signed non-binding MoUs with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) in Jaipur. These agreements represent a significant stride towards improving the efficiency and cost-effectiveness of the Chhabra Thermal Power Plant. The focus lies on exploring avenues for integrating supercritical units into the current infrastructure to… Read More »