‘GPS is a satellite-based navigation system that was originally designed to assist soldiers and military vehicles and maintained by the United States.’ Later, it has been offered to the general public as a service to navigate their way. What is Visual Positioning System? The VPS will use the phone’s camera along with Google’s extensive back-end data to analyze the route. It will allow the camera to detect current location based on nearby shops, signboards, etc. and then will suggest the navigation path for the journey. VPS is predicted to be far more accurate than the Global Positioning System (GPS) and is designed to overcome the challenge of GPS. This technology is useful in urban areas where GPS is often blocked by skyscrapers. VPS-How It Works? Leveraging the possibilities of GPS system and camera in the mobile phones and embedding the same with augmented reality Google is giving a new definition for navigation system. Let’s have a look on how it works! VPS uses Google’s...
Snapshot :India’s overall exports (merchandise and services) increased from USD 498.63 billion in 2017-18 to USD 538.07 billion in 2018-19, registering a positive growth of 7.91% as compared to the previous year. India’s exports have also increased from USD 262.14 billion in 2018-19 (Apr-Sept) to USD 266.63 billion in 2019-20 (Apr-Sept), showing a positive growth of 1.71% during current year. There exists Export Development Fund (EDF) in Exim Bank under the provisions of the Export-Import Bank of India Act, 1981. Government has taken following steps to increase exports and thereby earn foreign exchange for the country: A new Foreign Trade Policy (FTP) 2015-20 was launched on 1 st April 2015. The policy, rationalised the earlier export promotion schemes and introduced two new schemes, namely Merchandise Exports from India Scheme (MEIS) for improving export of goods and Services Exports from India Scheme (SEIS) for increasing exports of services. Duty credit scrips issue...
Benefits of Institutions of Eminence Government Institutions to get additional funding upto 1000 Cr . The selected Institutions under IoE shall have complete academic and administrative autonomy. The Institutions of Eminence will have complete financial autonomy to spend the resources raised and allocated, subject to general conditions & restrictions of the Statutes and GFR. Academic collaborations with foreign higher educational institutions (in top 500) would be exemptfrom government approvals . Freedom to hire personnel from industry , etc, as faculty who are experts in their areasbut may not have the requisite higher academic qualifications. Freedom to recruit faculty from outside India (limit of 25% of its faculty strength for public institution). Freedom to enter into academic collaborations with other Institutions within the country. Freedom to have own transparent merit based system for admission o...
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