Private Sector Current Affairs, GK & News

Detailed structure and activities of IN-SPACe released

The Department of Space has notified the detailed structure, roles and responsibilities of the Indian National Space Promotion and Authorization (IN-SPACe), which will be engaged in the commercialization of the space-related activities in the country. Highlights This is a single-window agency which is going to permit and oversee activities by private sector right from building ..

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Proposed steps by NITI Ayog to slow economic decline in India

The Indian think-tank, the NITI Ayog has declared that the current economic situation in India is unprecedented and nobody had faced this type of a situation in the past 70 years. The NITI Ayog has also proposed several solutions to sort through the economic mess.  What steps has the NITI Ayog taken? The NITI Ayog ..

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Government to open its test facilities to Private Sector

To provide an impetus to the Make in India and to give a flip to domestic manufacturing of weapon systems in India, the Central Government has decided to open its test facilities to the private sector. What is happening? Indian Armed Forces rely on foreign suppliers for most of their weapon needs. Over 70% of ..

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Defence Industrial Corridors

The Finance Minister of India had, in his budget speech (2018-2019), announced the setting up of two Defence Industrial Corridors in the country. A review of the progress on the same was carried by the various stakeholders including the Defense Minister and various other bureaucrats. What are the Defence Industrial Corridors? India currently imports over ..

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