Why in the News?
The Indian Union Budget for 2024-25 announced the establishment of a ₹1,000 crore venture capital fund aimed at boosting the space economy in India. This fund is intended to support space tech startups and small- to medium-sized enterprises (SMEs) throughout their lifecycle.
More on the News
Need for Promoting Space Tech Start-ups and Private Sector
Private Sector Participation in Space
Challenges in Promoting Start-ups and Private Sector Participation
India’s Initiatives to Promote Space-Tech Entrepreneurship
Way Forward
By implementing these measures, India aims to strengthen its space economy, enhance private sector participation, and position itself as a competitive player in the global space industry.
Key Features:
Strategic Importance:
Collaborative Efforts:
The Zorawar light tank represents a significant advancement in India's indigenous defense capabilities. Its development is a response to emerging threats and operational needs, particularly in high-altitude and challenging terrains. With its lightweight design, advanced features, and focus on future upgrades, the Zorawar is poised to enhance India's armored warfare capabilities and contribute to national security. The project also exemplifies the growing role of domestic industry and innovation in defense technology.
The Great Indian Bustard (GIB) is in the news due to the Ministry of Environment, Forest and Climate Change (MoEFCC) approving funds for the next phase of the Bustard Recovery Program, which will run from 2024 to 2029. Here's an overview of the program, its background, current status, and objectives:
Bustard Recovery Program
Coverage of Species
Background
Current Status
Project Implementation
Project Objectives
Significance
The Great Indian Bustard is one of the most critically endangered bird species in India, with its population declining rapidly due to habitat loss, hunting, and other anthropogenic pressures. The Bustard Recovery Program is a crucial step in halting and reversing this decline, aiming to secure a future for both the Great Indian Bustard and the Lesser Florican through comprehensive conservation efforts.
The approval of funds and the continuation of the Bustard Recovery Project reflect the government's commitment to preserving these iconic species and their habitats. Through collaborative efforts involving various agencies and stakeholders, the program seeks to address the multifaceted challenges faced by these endangered bustards and ensure their survival for future generations.
The conservation of the Great Indian Bustard (GIB) is a complex and multi-faceted effort involving various agencies, legal protections, and specialized programs.
Collaborating Agencies
About the Great Indian Bustard (GIB)
Conservation Status
Key Characteristics
Steps Taken for GIB Conservation
Conclusion
The conservation of the Great Indian Bustard requires a coordinated, multi-level approach involving various stakeholders, from government agencies to non-governmental organizations. By addressing habitat protection, legal frameworks, breeding programs, and capacity building, these efforts aim to secure the future of the GIB and, by extension, the health of its grassland ecosystem. The involvement of the Supreme Court underscores the importance of judicial oversight in ensuring effective conservation measures.
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We provide offline, online and recorded lectures in the same amount.
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant.
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.