National Common Mobility Card – Update (December, 2020)

On December 28, 2020, PM Modi launched the National common Mobility Card. The National Common Mobility Card will allow passengers with RuPay debit card to be swiped for Metro level. Key Features of National Common Mobility Card The National Common Mobility Card can be used at all transit locations. The card makes all new metro ..

Month: Current Affairs - December, 2020

Category: Economy & Banking Current Affairs

Topics: ATM • Debit card • Nandan Nilekani • National Common Mobility Card • One Nation One Card • One Nation One Card Scheme • PM Modi • RuPay • rupay card

GST Council Meet: GST of Mobile Phones increased from 12% to 18%

On March 14, 2020, the GST Council met for the 39th time in New Delhi. The Council was headed by the Finance Minister Nirmala Sitaraman. Highlights The Council has increased the GST of mobile phones from 12% to 18%. It reduced the tax on handmade and machine made match sticks to 12%. Also, the GST ..

Month: Current Affairs - March, 2020

Category: India Nation & States Current Affairs

Topics: GST • GST Council • GSTN • Infosys • Nandan Nilekani • Smart Phone

Infosys wins UN Global Climate Action Award in ‘Climate Neutral Now’ category

Infosys has won the prestigious United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category. With this feat, Infosys has become the only corporate from India to earn the recognition for its efforts to combat climate change. The award will be presented to Infosys at the UN Climate Change Conference (COP25) in Santiago, ..

Topics: BSE SENSEX • Climate change • CNX Nifty • Companies • Economy of India • Infosys • Nandan Nilekani • Service companies • United Nations Climate Change Conference

Nandan Nilekani unveiled an account aggregator model “Sahamati”

Aadhaar architect Nandan Nilekani has launched an account aggregator model – Sahamati – via which, individuals and small businesses can share their digital financial data with third-parties in a safe and secure manner. For example, a user seeking a loan will be able to quickly share bank statements and other details required by lending institutions ..

Topics: Aadhaar • Biometrics • Computer Age Management Services • Finance • Government of India • Identification • India • Nandan Nilekani • Oneindia • Yodlee

Nilekani Panel suggests measures to encourage Digital Payments

The Reserve Bank of India (RBI) appointed Nandan Nilekani committee has submitted its suggestions on measures to encourage digital payments in India to RBI Governor Shaktikanta Das. Background: In January 2019 the RBI had set up the five-member panel under the chairmanship of Nandan Nilekani to provide suggestions on deepening digital payments with a view ..

Month: Current Affairs - June, 2019

Category: Economy & Banking Current Affairs

Topics: BHIM • Digital Facilitation Point • Direct Benefit Transfers • Nandan Nilekani • NEFT • Nilekani Panel • PMJDY • POS • Pradhan Mantri Jan Dhan Yojana • RBI Governor Shaktikanta Das • Reserve Bank of India • RTGS • RuPay • UPI