ART AND CULTURE NITIN SINGHANIA

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Art and culture Nitin singhania

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Incentives for solar energy sector:

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  Incentives for solar energy sector: Context: The Union Cabinet has approved two production-linked incentive schemes for: White goods (air-conditioners and LED lights). High-efficiency solar photovoltaic modules. About the PLI scheme: The prime objective of the PLI scheme is to make manufacturing in India globally competitive by removing sectoral disabilities, creating economies of scale and ensuring efficiencies. It is designed to create complete component ecosystem in India and make India an integral part of the global supply chains. The scheme would extend an incentive of 4% to 6% on incremental sales of goods made in India for five years. Benefits: Additional 10,000 MW capacity of integrated solar PV manufacturing plants. Direct investment of around Rs.17,200 crore in solar PV manufacturing projects. Demand of Rs.17,500 crore over 5 years for ‘Balance of Materials’. Direct employment of about 30,000 and Indirect employment of about 1,20,000 persons. Import substitution of arou...
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North Atlantic Treaty Organization (NATO)

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North Atlantic Treaty Organization (NATO) What is NATO? The North Atlantic Treaty Organisation (NATO), also called the North Atlantic Alliance, the Atlantic Alliance or the Western Alliance, is an international organisation for collective security established in 1949, in support of the North Atlantic Treaty signed in Washington, DC, on 4 April 1949. Its headquarters are located in Brussels, Belgium. Its other official name is the French equivalent, l’Organisation du Traité de l’Atlantique Nord (OTAN) (English and French being the two official languages of the organisation). Background The Treaty of Brussels, signed on 17 March 1948 by Belgium, the Netherlands, Luxembourg, France, and the United Kingdom, is considered the precursor to the NATO agreement. This treaty established a military alliance, later to become the Western European Union. However, American participation was thought necessary in order to counter the military power of the Soviet Union, and therefore talks f...
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