1. Ministry of Textiles and Ministry of Power have joined hands under the initiative SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help Small Industries) in order to sustain and accelerate the adoption of energy efficient textile technologies in the power-loom sector and cost savings due to using of such technology.
2. NHAI to Sign MoU with SBI Tomorrow:- National Highways Authority of India (NHAI) is getting an unsecured loan of Rs 25,000 crore from State Bank of India for 10 years with 3 years of moratorium on repayments.
3. Shri Piyush Goyal Approves a New Promotion Policy for Railway Sportspersons:- Under this policy, those sportspersons who won a position/ medal in Olympics, all those sportspersons & coaches who have been awarded Padma Shri will be promoted as officers.
4. DRDO conducted the successful test of the Ballistic Missile Interceptor AAD at 1130 hrs today from Abdul Kalam Island, Odisha. The endo-atmospheric missile, capable of intercepting incoming targets at an altitude of 15 to 25 km was launched against multiple simulated targets of 1500 km class ballistic missile.
One target among simultaneously incoming multiple targets was selected in real-time, the weapon system radars tracked the target and the missile locked on to it and intercepted the target with a high degree of accuracy. The complete event including the engagement and interception was tracked by a number of electro-optical tracking systems, radars, and telemetry stations. All the mission objectives were successfully met.
Published On : 02 Aug 2018