Moving Off Information Systems (MOIS)

  Source: PIB  Context: The government’s technical committees, including the Central Motor Vehicle Rules-Technical Standing Committee (CMVR-TSC) and the Automotive Industry Standards Committee (AISC), are working on formulating standards for Moving Off Information Systems (MOIS) in vehicles.   What is MOIS? Moving Off Information Systems (MOIS) is an advanced driver assistance system designed to aid …

NHAI: ‘Sustainability Report for FY 2021-22’

  Source: PIB  Context: National Highways Authority of India, has released its first ‘Sustainability Report for FY 2021-22’, showcasing its commitment to environmental sustainability. NHAI initiatives for sustainability include: Using recycled materials in highway construction, including fly-ash and plastic waste; Creating over 100 wildlife crossings to protect wildlife and reduce human-animal conflicts; Undertaken extensive plantation …

What are Infrastructure investment trusts (InvITs)?

GS Paper 3 Topics Covered: Investment models.   Context: Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan will be the anchor investors for the Infrastructure Investment Trust (InvIT) of the National Highways Authority of India (NHAI) with each picking up 25% stake. Besides, NHAI would retain a minimum of 15% equity and the rest …