Defence Acquisition Council (DAC)
DAC clears proposals, worth around Rs 79,000 crore, to enhance the capability of the Armed Forces.
- Acceptance of Necessity (AoN) has been granted for Nag Missile System Mk-II, High Mobility Vehicles (HMVs) with Material Handling Crane etc.
About DAC
- It is an overarching structure for strategic defence acquisition planning and oversight, ensuring coordinated decision-making across India's defence establishment.
- Chairman: Union Minister of Defence.
- Functions
- Gives approval to Capital acquisitions in the Long Term Perspective Plan.
- Monitors the progress of major projects.
- Grants acceptance of necessity for acquisition proposals.
- Tags :
- Defence Acquisition Council (DAC)
Articles Sources
Exercise Ocean Sky
Indian Air Force (IAF) Joins Exercise Ocean Sky 2025 in Spain.
About Exercise Ocean Sky
- Overview: It is a multinational air exercise hosted by the Spanish Air Force.
- Aim: Enhance interoperability, sharpen air combat skills, and foster mutual learning among participating nations.
- Significance: This is the first time a non-NATO country is participating in this exercise highlighting growing India-Spain ties.
- Tags :
- Indian Air Force (IAF)
- Exercise Ocean Sky
Duty-Free Tariff Preference (DFTP) scheme
WTO credits India’s Duty-Free Tariff Preference (DFTP) scheme for boosting Least Developed Country (LDC) exports.
About Duty-Free Tariff Preference (DFTP) scheme
- The DFTP scheme was introduced in 2008 and provides duty-free or preferential tariff treatment for products imported from LDCs into India.
- The DFTP scheme aims to boost LDCs' economic growth, diversify exports, and strengthen trade relations etc.
- Tags :
- Duty-Free Tariff Preference (DFTP) scheme
- Least Developed Country (LDC) exports
International Convention against Doping in Sport
India Re-elected as Vice-Chair of Bureau for the Asia-Pacific at the 10th session of the CoP to the International Convention against Doping in Sport.
- Azerbaijan was elected Chairperson.
About International Convention against Doping in Sport
- Overview: It is a multilateral treaty by which States agree to adopt national and international measures to prevent and eliminate doping in sport.
- Genesis: Adopted by UNESCO in 2005 and entered into force in 2007.
- Aim: To harmonize anti-doping legislation, regulations and rules internationally to ensure a level playing field.
- Parties: 192 (India is a signatory).
- Tags :
- International Convention against Doping in Sport
Liberalised Remittances Scheme
India’s outward remittances for overseas education fell to an eight-year low under the Liberalised Remittance Scheme (LRS).
About Liberalised Remittances Scheme
- Genesis: Introduced in 2004
- It intended to simplify and streamline the process of remitting funds outside India.
- Benefit: All resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year for any permissible current or capital account transaction or a combination of both.
- There are no restrictions on the frequency of remittances under it.
- The Scheme is not available to corporates, partnership firms, Hindu Undivided Family (HUF), Trusts etc.
- Tags :
- Liberalised Remittances Scheme
Carabid beetles
A recent study revealed that carabid beetles can serve as bioindicators to track soil microplastic pollution.
About Carabid beetles
- Carabid beetles belong to the family Carabidae, commonly known as ground beetles.
- They are nocturnal predators, feeding on pests like slugs, caterpillars, and snails.
- Found in almost all terrestrial habitats across the world.
- Tags :
- Bioindicators
- Carabid beetles