Goaltide Daily Current Affairs 2024

Jan 18, 2024

Current Affair 1:
Design Linked Incentive (DLI) Scheme



It aims to offer financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design(s) for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design(s) over a period of 5 years.


  1. Nurturing and facilitating the growth of domestic companies, startups and MSMEs.
  2. Achieving significant indigenization in semiconductor content and IPs involved in the electronic products deployed in the country, thereby facilitating import substitution and value addition in the electronics sector.
  3. Strengthening and facilitating access to semiconductor design infrastructure for the startups and MSMEs.

Duration: The scheme shall initially be for three (3) years from 01-01-2022.

The scheme has three components

Chip Design infrastructure support: Under this C-DAC will set up the India Chip Centre to host the state-of-the-art design infrastructure (viz. EDA Tools, IP Cores and support for MPW (Multi Project Wafer fabrication) & post-silicon validation) and facilitate its access to supported companies.

Product Design Linked Incentive: Under this component, a reimbursement of up to 50% of the eligible expenditure subject to a ceiling of 15 Crore rupees per application will be provided as fiscal support to the approved applicants who are engaged in semiconductor design.

Deployment Linked Incentive: Under this an incentive of 6% to 4% of net sales turnover over 5 years subject to a ceiling of ₹30 Crore per application will be provided to approved applicants whose semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design are deployed in electronic products.

Nodal Agency: C-DAC (Centre for Development of Advanced Computing)

Current Affair 2:
India Signs Agreement for Lithium Exploration & Mining Project in Argentina



Government of India has achieved a significant milestone with the signing of an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of Catamarca province of Argentina.

This is the first ever lithium exploration and mining project by a Government Company of India

Argentina is the part of “Lithium Triangle” along with Chile and Bolivia with more than half of world’s total lithium resources and having the distinction of having 2nd largest lithium resources, 3rd largest lithium reserves and 4th largest production in world.

Current Affair 3:
Standardized Development and Building Regulations, 2023



The Bureau of Indian Standards has issued 'Standardized Development and Building Regulations, 2023,

Aligned with the National Building Code of India 2016 (NBC 2016) and drawing inspiration from global best practices, these regulations set forth a comprehensive framework aimed at ensuring safety, accessibility, and sustainability in construction.

The genesis of these Standardized Regulations lies in a meticulous project aimed at promoting the adoption of NBC 2016 nationwide.

The initiative involved an exhaustive study of existing rules and regulations across the country, coupled with a comparative analysis of international best practices governing land and building development.

About Code:

The National Building Code of India (NBC), a comprehensive building Code, is a national instrument providing guidelines for regulating the building construction activities across the country.

It serves as a Model Code for adoption by all agencies involved in building construction works be they Public Works Departments, other government construction departments, local bodies or private construction agencies.

The Code mainly contains administrative regulations, development control rules and general building requirements; fire safety requirements; stipulations regarding materials, structural design and construction (including safety); building and plumbing services; approach to sustainability; and asset and facility management.

The Code was first published in 1970 at the instance of Planning Commission and then first revised in 1983. Thereafter three major amendments were issued to the 1983 version, two in 1987 and the third in 1997. The second revision of the Code was in 2005, to which two amendments were issued in 2015.


Current Affair 4:
Cameroon starts world's first malaria vaccine program for children



Cameroon will use the first of two recently approved malaria vaccines, known as Mosquirix. The World Health Organization endorsed the vaccine two years ago, acknowledging that even though it is imperfect, its use would still dramatically reduce severe infections and hospitalisations.

<< Previous Next >>

Send To My Bookmarks