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RBI Regulatory Framework for Digital Lending

August 12, 2022

Recently, the Reserve Bank of India (RBI) released regulatory framework for digital lending, in a bid to mitigate the concerns related to credit delivery through digital lending methods. RBI has specifically mentioned that, lending business can only be done by ..

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Microsoft- Indian Government MoU to train Civil servants

August 12, 2022

Indian Government has inked a Memorandum of Understanding (MoU) with the Microsoft to collaboratively launch training programme for civil servants. Under the programme, Microsoft will give training to over 2.5 million civil servants in India for using the Microsoft digital ..

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ONDC MoU with SIDBI

August 12, 2022

A Memorandum of Understanding was recently inked between ‘Open Network for Digital Commerce (ONDC)’ and ‘Small Industries Development Bank of India (SIDBI)’, to increase the participation of small and medium-sized businesses in e-commerce, by bringing them on the ONDC network. ..

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Shashi Tharoor- Chevalier de la Legion d’Honneur

August 12, 2022

French Government’s highest civilian award “Chevalier de la Legion d’Honneur” was presented to Congress leader Shashi Tharoor. This honour is being conferred to him, because he delivered speech in French in 2021. His speech left the officials of the embassy, ..

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Telangana ‘Nethanna Bima’ Scheme

August 12, 2022

Nethanna Bima Scheme was launched recently by Chief Minister of Telangana K Chandrashekhar Rao, on the occasion of National Handloom Day. This scheme has been launched for the welfare of weavers. Important features of Nethanna Bima Scheme include; Nathanna Bima ..

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SMILE-75 Initiative

August 12, 2022

Under the Smile-75 initiative, Ministry of Social Justice & Empowerment has marked 75 Municipal Corporations for comprehensive rehabilitation of person practicing the act of bagging. This initiative has been started as a part of Azadi ka Amrit Mahotsav. Important facts ..

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Russia: Use of ‘Butterfly Mines’

August 12, 2022

Recently, UK Ministry of Defence cautioned about the possible use of PFM-1 series ‘Butterfly Mines’ by Russian military in ongoing war in Ukraine. Russia is expected to deploy anti-personnel mines to discourage freedom of movement across its defensive lines in ..

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Microsoft in ONDC platform

August 12, 2022

Recently, Microsoft joined the Open Network for Digital Commerce (ONDC) of the government, with the objective of introducing social e-commerce in Indian market. Significance of this move include; Microsoft is the first big technology company to tie up with government ..

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Extension of PMAY-Urban till 2024

August 12, 2022

On august 10, Union Cabinet extended the Pradhan Mantri Awas Yojana (Urban) till December, 2024. This scheme was launched for the period of 2015-2022. Highlights: The scheme was launched in June 2015 with the aim of providing pucca houses to ..

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Langya: New zoonotic virus in China

August 12, 2022

Another zoonotic virus, Langya, was recently discovered in China, after deadly coronavirus was detected in 2019. It is a type of Henipavirus, and is also called as Langya Henipavirus or LayV. It was detected in Shandong and Henan provinces in ..

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