digital economy Current Affairs, GK & News

Karnataka Digital Economy Mission Office Launched

The office of the Karnataka Digital Economy Mission (KDEM) was inaugurated in Karnataka. Highlights The office was inaugurated with the objective of increasing the digital economy contribution to Gross State Domestic Product (GSDP) by 30 per cent. Along with the office, the “Beyond Bengaluru” report was also published which will facilitate to achieve the target ..

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EU threatens digital tax without global deal after US halts talks

The European Union has threatened imposition of taxes even without a global deal that aimed to decide on the basis for taxation of big digital firms like Facebook, Amazon and Google. This is in retaliation to the US’ decision to quit talks that was organised by Organisation of Economic Cooperation and Development (OECD). Nearly 140 ..

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G20 Digital Economy Ministers meet held through video conference

On April 30, 2020, G20 Digital Economy Ministers meeting was convened. A ministerial statement was issued by the G20 Digital Economy Task Force at the meet. India was represented by the Union Minister Ravi Shankar Prasad. Highlights According to the meet, the ministers have decided on the following To strengthen communication infrastructure To improve infrastructure ..

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Artificial Intelligence based Chatbot ASKDISHA launched by the Railways

The Indian Railways recently launched Artificial Intelligence based chatbot called “ASKDISHA”. The chatbot will interact with the Railway customers in Hindi language resolving their queries. Highlights The Chatbot was initially launched in 2018 in English. Now, the chatbot has been empowered to converse in Hindi. The bot handles more than 3.000 inquiries. There are further ..

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RBI launches 5-year Financial Inclusion Strategy

The Reserve Bank of India has launched National Strategy for Financial Inclusion (2019-24). The main motive of the strategy is to provide access to financial services in an affordable manner. Highlights The Strategy has been launched after thorough consultation with SEBI (Securities Exchange Board of India), PFRDA (Pension fund Regulatory and Development Authority of India) ..

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