Ahead of the interim Budget 2024, exporters are urging the government to allocate $3.88 billion for the Market Access Initiative (MAI) scheme.
MAI is an export promotion initiative aimed at catalyzing sustained growth in India’s exports.
The scheme focuses on specific products and countries, supporting activities like marketing projects abroad, capacity building, statutory compliances, and more.
Eligible entities include government departments, trade promotion organizations, exporters, research institutions, and others.
National Events & Programmes
2. Where was the ’84th All India Presiding Officers’ Conference held? – Mumbai
All India Presiding officers’ conference concludes in Mumbai. Prime Minister Narendra Modi addressed the 84th All India Presiding Officers’ Conference, emphasizing the ‘One Nation, One Legislative Platform’ through e-Vidhan and Digital Sansad.
3. With whom has Tata signed an agreement to set up India’s first private helicopter assembly line? – Airbus
French aerospace company Airbus will establish India’s first private helicopter assembly line (FAL) in collaboration with Tata.
Airbus and Tata are already setting up a FAL in Vadodara for the C-295 military transport aircraft under a contract to supply 56 aircraft to the Indian Air Force.
4. What is ‘Armado’, recently mentioned in the news? – Armoured Light Specialist Vehicle (ALSV)
The new Mahindra Armado, India’s first Armoured Light Specialist Vehicle (ALSV), debuted at the Republic Day Parade.
With a seating capacity of six (expandable to eight), it boasts a 1,000 kg load capacity, B7-level ballistic protection, and a 3.2-liter diesel engine generating 216 hp.
State Current Affairs
5. Which state government has recently started ‘Road Safety Force’? – Punjab
