Fourth Tranche of Atma Nirbhar Bharat Abhiyan announced

On May 16, 2020, Finance Minister Nirmala Sitaraman announced the fourth tranche of Atma Nirbhar Bharat Abhiyan. The scheme allocated Rs 20 lakh crores to help people during Lock Down 4.0. Highlights The Government of India is to bring upon policy reforms in eight sectors. This includes coal, minerals, defence production, civil aviation (air space ..

Month: Current Affairs - May, 2020

Category: Government Schemes Current Affairs

Topics: Atma Nirbhar Bharat Abhiyan • Atomic Energy • civil aviation • Coal • Defence • DISCOMs • infrastructure • Minerals • PPP Model • space • viability gap funding

Mica

A state legislative assembly member of Jharkhand recently called for declaration of mica flakes collected from forests as a ‘forest produce’. About Mica Mica is a group of sheet silicate minerals. The term ‘mica’ is derived from Latin words ‘mica’ meaning crumb and ‘micare’ meaning glitter. It is used in paint industry as a paint ..

Topics: Forest Conservation Act 1980 • Forest Produce • Jharkhand • Minerals

The world’s second oldest rock discovered from Kendujhar

Scientists have discovered the world’s second oldest grain of magnetic zircon from the Singhbhum rock at the Champua in Kendujhar district of Odisha. The zircon is a mineral that contains traces of radioactive isotopes. It is an estimated that the magnetic zircon in the rock is 4, 240 million years old that will offer fresh ..

Topics: Champua • Detrital zircon geochronology • Gemstones • Geology • Kendujhar • Kendujhar district • Minerals • Nesosilicates • Zircon

N Baijendra Kumar newly appointed CMD of National Mineral Development Corporation (NMDC)

N Baijendra Kumar, an IAS officer of 1985 batch of Chhattisgarh cadre, has recently taken charge as  Chairman and Managing Director (CMD) of the state-run National Mineral Development Corporation  (NMDC). Prior to this post, he was holding the post of Additional Chief Secretary to the Chief Minister, Chhattisgarh, as well as Commerce & Industries and ..

Topics: Economic geology • Government of India • India • Minerals • National Mineral Development Corporation

EU reaches deal to curb funding of conflict minerals

The European Union has concluded a deal to stem the flow of gold and other metals used for funding of armed conflicts or produced in conditions that violated human rights. EU importers of minerals like tin, tungsten, tantalum, gold and their ores have to mandatorily conduct checks on their suppliers, smelters and refiners beginning from ..

Topics: Chemical elements • Chemistry • Conflict resource • Minerals • Ore • Physical sciences • Refractory metals • Tantalum • Transition metals • Tungsten