current affairs 11 march 2021

1. NITI Aayog and RMI release ‘Mobilising Electric Vehicle Financing in India’ report

NITI Aayog and Rocky Mountain Institute (RMI) India analysed that the transition to EVs will require a cumulative capital investment of Rs 19.7 lakh crore including EVs, charging infrastructure, and batteries over the next decade.
The report highlights the role of finance in India’s transition to electric vehicles (EVs)
The report also claims that the electric vehicle financing industry will use a market size of $50 billion (₹3.7 lakh crore) by 2030, which amounts to about 80% of the current size of India’s retail vehicle finance industry, worth $60 billion (₹4.5 lakh crore) today

The Union Cabinet today approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Finance Act, 2007

The Navy inducted the third Scorpene-class conventional diesel-electric submarine,INS Karanj into service.
It was commissioned into the Navy by former Navy Chief Admiral V.S. Shekhawat, who was the Commanding Officer of the earlier INS Karanj in the 1971 India-Pakistan War

Moscow and Beijing will draw up a roadmap to establish the station and cooperate closely on planning, designing and implementing the project as well as presenting it to the world space community
An international lunar science station is a complex of experimental and research facilities created on the surface and/or in orbit of the moon, designed to conduct multidisciplinary and multipurpose research work

The allotment of liquor vends through e-auction would be in a completely open and transparent manner in the same area where liquor shops already exist.
The vends shall be allotted for a period of one year as per the provisions of the J&K Excise Act and Rules