The Ministry of MSME launched the “MSME Trade Enablement and Marketing Initiative” (MSME-TEAM Initiative) under the RAMP scheme.
It aims to assist five lakh MSMEs, including two and a half lakh women-owned MSEs, in onboarding the Open Network Digital Commerce (ONDC) platform.
The initiative offers financial assistance for catalogue preparation, logistics, and packaging.
Awareness workshops will target Tier 2 and Tier 3 cities.
The sub-scheme runs until March 2027.
2. What is the primary objective of the Digital Postal Index Number (DIGIPIN), recently mentioned in news? – To establish a standardized, geo-coded addressing system in India
The National Mission on Cultural Mapping (NMCM), overseen by the Ministry of Culture, aims to catalog the cultural heritage of 6.5 lakh villages across India.
This initiative includes creating a comprehensive database of artists, art forms, and resources on an IT-enabled platform.
Objectives include raising cultural heritage awareness, mapping villages’ cultural profiles, creating national artist registers, and developing a web portal and mobile app for cultural engagement.
International Affairs
4. Recently India has got the right to operate Mongla port, Mongla port is located in which country? – Bangladesh
5. Kristen Michal has been appointed as the Prime Minister of which country? – Estonia
Sports
6. Which country’s tennis star Andy Murray has announced his retirement? – Britain
7. Which country will host the first Olympic eSports Games? – Saudi Arabia
Short News
Awards & Honours
8. ISRO will be awarded the World Space Award – 2024 for which space mission? – Chandrayaan – 3
Organisations & Institutes
9. Carbon Border Adjustment Mechanism (CBAM), recently seen in the news, is related to which organization? – European Union
The Economic Survey noted the European Union’s Carbon Border Adjustment Mechanism (CBAM) conflicts with the Paris Agreement’s spirit.
CBAM is an EU tariff on carbon-intensive products, ensuring imported goods pay for their carbon emissions, aligning their carbon price with domestic products.
EU importers must buy carbon certificates based on embedded emissions.
This encourages cleaner production globally by pricing carbon emissions fairly.
CBAM aims to prevent undermining the EU’s climate objectives.
10. Which of the following organisation has released the report “state of the world’s forests- 2024“? – Food and Agriculture Organization (FAO)
Important Days & Weeks
11. Which day is observed as ‘National Income Tax Day’ every year? – 24 July