India-Australia Civil Nuclear Cooperation deal
The
Union Cabinet chaired by Prime Minister Narendra Modi approved the
India-Australia Civil Nuclear Cooperation deal that came into force on
November 13, 2015. India has nuclear energy agreements with 11
countries. India has less than two dozen small reactors at six sites
with a capacity of 4,780 MW of its total power capacity. India is
seeking to diversify its electricity generation and is planning to
increase its nuclear capacity to 63,000 MW by 2032 by adding nearly 30
new reactors.
Barak 8 Missile successfully tested
India
and Israel jointly developed Long Range Surface to Air Missile (LRSAM)
Barak 8 was successfully test fired from INS Kolkata. The firing trial
of the LR SAM has been jointly carried out by the Indian Navy, Defence
Research and Development Organisation (DRDO) and Israel Aerospace
Industries. This missile along with the Multi-Functional Surveillance
and Threat Alert Radar (MF STAR) would provide these ships the
capability to neutralize aerial threats at extended ranges.
Amended Technology Upgradation Fund Scheme for textile sector
The
Cabinet Committee on Economic Affairs (CCEA) has approved introduction
of Amended Technology Upgradation Fund Scheme (ATUFS) for technology
upgradation of the textiles industry. The ATUFS replaces existing
Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) to
give a boost to textile sector under Make in India campaign. ATUFS
targets employment generation (including women) and global export by
encouraging garment and apparel industry. Promote Technical Textiles
which is a sunrise sector for export and employment creation.