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The National Institute of Wind Energy (NIWE) has recently launched Wind Energy Resources Map of India.

The National Institute of Wind Energy (NIWE) has recently launched Wind Energy Resources Map of India.
This online Wind Atlas is available online in the NIWE website www.niwe.res.in.
It will be helpful in:
1
. Guiding the wind and solar power developers and other stakeholders in identifying potential areas for the development of wind & solar power projects in the country.
2. Help the central and state agencies in planning and developing the infrastructure including transmission system, required for installing renewable power projects in these potential areas.

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Ministry of Micro, Small and Medium Enterprises launched National Manufacturing Competitiveness Programme

Aim: to develop global competitiveness among Indian MSMEs.This programme targets at enhancing the entire value chain of the MSME sector through the following schemes:
(i) Lean Manufacturing Competitiveness Scheme for MSMEs;  
(ii) Promotion of Information & Communication Tools (ICT) in MSME sector;
(iii)  Technology and Quality Up gradation Support to MSMEs;
(iv) Design Clinics scheme for MSMEs;
(v)  Enabling Manufacturing Sector to be Competitive through Quality Management Standards (QMS) and Quality Technology Tools (QTT);
(vi) Marketing Assistance and Technology Up gradation Scheme for MSMEs;
(vii)  National campaign for building awareness on Intellectual Property Rights (IPR);
(viii) Support for Entrepreneurial and Managerial Development of SMEs through Incubators.
(ix) Bar Code under Market Development Assistance (MDA) scheme. 
About Micro, Small and Medium Enterprises (MSME)
The Micro, Small and Medium Enterprises (MSME) are classified in two Classes:
1. Manufacturing Enterprises- Enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery.
2. Service Enterprises:-The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
Improtance of MSME in India 1. They contribute nearly 8 percent of the country’s GDP, 45 percent of the manufacturing output and 40 percent of the exports. 
2. They provide the largest share of employment after agriculture. 
3. They are the nurseries for entrepreneurship and innovation. 
4. They are widely dispersed across the country and produce a diverse range of products and services to meet the needs of the local markets, the global market and the national and international value chains. 

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INDRA NAVY- 15-Indo-Russia Bilateral Naval Exercise

It is a bilateral maritime exercise between the Indian and Russian navies commenced at Visakhapatnam.
Objectives of INDRA NAVY- 15
1. It will help to further strengthen mutual confidence and interoperability. 
2. Enable sharing of best practices between both navies. 
3. The exercise will be another milestone in strengthening maritime security cooperation between the two navies and will also serve to reinforce the long standing bond of friendship between the two countries.   
About INDRA
- Initiated in 2003.
- It  a bilateral maritime exercise between the Indian and Russian navies.
- Primary aim: to increase interoperability between the two navies and develop common understanding of procedures for maritime security operations.

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The Archaeological Survey of India has identified 25 monuments for Adarsh Smarak Scheme

The Archaeological Survey of India has identified 25 monuments for Adarsh Smarak Scheme for upgradation of tourist related amenities.
Ministry:  Ministry of Culture 
Objective: for Conservation of Monuments 
salient features of the scheme:
1
. To make monument visitor friendly.
2. To upgrade/provide wash rooms, drinking water, signages, cafeteria and wi-fi facility
3. To provide Interpretation and audio-video  centres
4. To streamline waste water and garbage disposal and rain water harvesting system
5. To make monument accessible to differently abled
6. To implement Swachh Bharat Abhiyan.

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Atomic Energy Bill 2015 introduced in Lok Sabha

“Atomic Energy (Amendment) Bill, 2015” seeks to amend the Atomic Energy Act of 1962.

Primary cause of Amendment: to overcome difficulties encountered in the setting up of new nuclear projects and enhancement of nuclear power generation. Cause in detail: Joint-venture of companies by NPCIL with other PSUs is not feasible because the expression “government company” as defined in the existing Act means a company in which, not less than 51% of the paid-up share capital is held by the central government, which in other words, precludes a government company from entering into a joint-venture with another PSU.
Suggested Amendments:
To alter this sections amendments suggested are:
1. Amending the definition of “government company” under Clause (bb) of Sub-Section (1) of Section 2 of the said Act with a view to expand its scope to include such joint-venture companies as may be formed between NPCIL and other PSUs.
2. Amendment in Section 14 of the said Act to enable the Central Government to issue licence to such joint-venture companies to set up nuclear power plants, take measures for safe operation and ensure safe disposal of nuclear material. 
3.  Bill further provides for cancellation of licence in case the licensee ceases to be a government company.

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Fifth ship of Indian Navy's LCU MK IV project launched

At Garden Reach Shipbuilders and Engineers Ltd (GRSE) in Kolkata, fifth ship(LCU L-55) of Indian Navy's LCU MK IV project, was launched.
About LCU L-55
- It is the fifth vessel in the series of eight landing Craft utility Ships.
- It is designed and built by GRSE.
- It can perform multi role activities like bleaching operations,humanitarian and disaster relief operations etc.
About LCU MK IV project
- This is the project of building and designing 8 ships by GRSE with the Indian Navy in September 2011.
- Two LCUs were earlier launched on March 12 and September 23, last year. The third LCU was launched on January 16 and fourth on 23rd march of this year.
- These ships will play significant role in transportation of main battle tanks, armoured vehicles and troops of the Indian Army during amphibious operations.
- The first ship of the class ‘LCU-L51’.

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India grabs the second place in ICC Test Championship

India moved to second place as first aquired by South Africa ( 3-0).
ICC Test Championship
- It s an international competition run by the International Cricket Council in the sport of cricket for the 10 teams that play Test cricket.
- South Africa are currently the highest-ranked team in the ICC Test Championship.

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Global SME Summit 2015

Theme: 'Make in India through Global SME partnerships'.Organized by: CII in partnership with Ministry of MSME. 
Objectives of  Global SME Summit 2015 :
1. To connect the Global SMEs with the Indian SMEs for mutual business development and explore the emerging Indian market. 
2. To work towards creating a strong platform for key decision makers, business leaders and multilateral, global funding agencies to address issues common to SMEs and identify cross-border partnership opportunities.

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UDAY(Ujwal Discom Assurance Yojana) Scheme

Main Objectives: 
1. To improve financial and operational efficiencies of power distribution companies (DISCOMs).
2. It envisages reducing interest burden, cost of power and AT&C losses. Consequently, DISCOMs would become sustainable to supply adequate and reliable power enabling 24x7 power supply. 
3. The scheme provides that States would take over 75% of debts of Discoms, as on 30th September, 2015 within two years.
- Unique Features
1
. It provides flexibility of managing debt taken over outside fiscal deficit limit, 
2.  Provides reduction in cost of power and a series of time bound interventions for improving operational efficiency. 
3. Provides for measures that will reduce the cost of power generation, which would ultimately benefit consumers.
- Benefits
1
. To incentivize states for taking over of DISCOM debt outside the fiscal deficit limits; 
2. Incentivizse states to reduce the cost of power through various measures such as coal linkage rationalization, liberal coal swaps, coal price rationalization, correction in coal grade slippage, allocation of coal linkages at notified prices; priority/additional funding through schemes of MoP & MNRE; and, reduction in interest burden. 
- States joined the scheme
1
. Andhra Pradesh became the first state to to join in the scheme UDAY.
2. Jharkhand is newly joined state 

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Priority Sector Lending norms for Regional Rural Banks revised by RBI

Considering the growing significance of RRBs in pursuit of financial inclusion agenda, its priority seector lending guidelines have been revised.
Some of the changes are:
1
. Categories of the Priority Sector: Medium Enterprises, Social Infrastructure and Renewable Energy will form part of the Priority Sector, in addition to the existing categories, with a cap of 15 per cent of total outstanding.
2. Priority Sector Lending will be monitored on a quarterly as well as annual basis.
3. Agriculture: 18% per cent of total outstanding should be advanced to activities mentioned under Agriculture.
4. Small and Marginal Farmers: A target of 8 percent of total outstanding has been prescribed for Small and Marginal Farmers within Agriculture.
5. Weaker Sectors: A target of 15 per cent of total outstanding has been prescribed for Weaker Sections.
Categories under Priority Sector lending are:
1
. Agriculture
2. Micro, Small and Medium Enterprises (MSMEs)
3. Education
4. Housing
5. Social Infrastructure
6. Renewable Energy
7. Others
Priority Sector 
Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation i.e. priority sector lending. This is imposed by RBI in order to provide a specified portion of the bank’s lending to the few specific sectors mentioned above.
If PSL is not met then:
1. Indian Banks and Foreign banks (with 20 or more branches) will have to send remaining target money to RIDF (Rural infra. Development fund).
2. Foreign banks (with less than 20 branches) will have to send remaining target money to SEDF (small enterprises development fund).

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