Shankar School of Banking April 28 , 2021 277



  • Prime Minister launched the SWAMITVA scheme on the National Panchayati Raj Day (24 APR 2021).
  • SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) was launched on 24th April 2020 as a Central Sector Scheme to promote a socio-economically empowered and self-reliant rural India.
  • The Scheme will cover around 6.62 Lakh villages of the entire country during 2021-2025.
  • The pilot phase of the Scheme was implemented during 2020–2021 in the States of Maharashtra, Karnataka, Haryana, Uttar Pradesh, Uttarakhand, Madhya Pradesh and select villages of Punjab and Rajasthan.
  • Panchayati Raj Ministry has made arrangements of online payment through ‘e-Gram Swaraj’.


DRDO develops single crystal blades technology

  • Defence Research and Development Organisation (DRDO) has developed single crystal blades technology and supplied 60 of these blades to Hindustan Aeronautics Limited (HAL) for helicopter engine application.
  • Under this program DRDO will develop 300 blades of single crystal high pressure turbine blades.
  • Single crystal blades, having complex shape and geometry, are manufactured out of nickel-based superalloys that are capable of withstanding high temperatures.
  • Only USA, UK, France and Russia have the capability to design and manufacture the Single Crystal Blades.




  • The 19th edition of the Indian and French Navy bilateral exercise ‘VARUNA-2021’ conducted in the Arabian Sea from 25th to 27th April 2021.
  • This year for the first time, UAE joined the Varuna naval exercise.


Net Zero Producers Forum

  • Saudi Arabia is set to join the Net Zero Producers Forum.
  • The Net-Zero Producers Forum (NZPF) is a platform for oil and gas–producing countries to discuss how the sector can support the implementation of the Paris Agreement on climate change and the goal of achieving net-zero emissions by 2050.
  • Currently Canada, USA, Saudi Arabia, Norway, and Qatar are the members of NZPF.
  • The above-mentioned countries account for the 40 percent of global oil and gas production.


Project DANTAK

  • Project DANTAK was established on April 24, 1961 between India and Bhutan.
  • DANTAK was tasked to construct the pioneering motorable roads in Bhutan.
  • DANTAK completed the road connecting Samdrup Jongkhar to Trashigang and Thimphu to Phuentsholing in 1968.
  • Project DANTAK is commemorating its Diamond Jubilee in Bhutan.



Supply Chain Resilience Initiative

  • Trade ministers of India, Japan, and Australia together launched the Supply Chain Resilience Initiative (SCRI) in a trilateral virtual meeting.
  • This initiative was launched to counter the China’s dominance of supply chain in the Indo-Pacific region.
  • The objective of SCRI is to enhance the supply chain resilience for a strong, sustainable, balanced and inclusive growth in the region.



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