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Month: May 2022

NITI Aayog- Features, Objectives, and Key Initiatives

NITI Aayog- National Institution for Transforming India NITI Aayog, National Institution for Transforming India plays a very important role in the economic growth and development of the country. The aims of NITI Aayog are a “15-year road map”, “7-year vision, strategy, and action plan”, AMRUT, Digital India, Atal Innovation Mission, Medical Education Reform, Agriculture Reforms, Indices […]

Union Bank of India launches Online Platform ‘Trade nxt’

The Union Bank of India (UBI) has launched an online platform, ‘Trade nxt’, which enables corporate, and MSMEs (Micro, Small & Medium Enterprises) to transact all cross-border export-import transactions from the comfort of their place, i.e. eliminates the need for companies to visit a bank branch for the same. It offers seamless entry and processing of letters of credit (LC), […]

In Manipur, the Indian Army will open a coaching centre for poor pupils

The Indian Army has started providing residential tutoring to children from economically disadvantaged and deprived areas of the northeast to prepare them for all-India competitive tests such as engineering and medical admission. The Indian Army’s Red Shield Division has inked a tripartite Memorandum of understanding with enterprise partner State Bank of India Foundation and mentoring partner National Integrity and Educational […]

Madhya Pradesh Startup Policy launched by Prime Minister Modi

Prime Minister Narendra Modi announced the Madhya Pradesh Startup Policy and spoke to the startup community via video conferencing at the Madhya Pradesh Startup Conclave in Indore. The Prime Minister also unveiled the Madhya Pradesh Startup Portal, which would ease and promote the startup environment in the state. The event will be attended by Chief Minister Shivraj Singh Chouhan, as well as […]

Morgan Stanley cuts India’s FY23 growth forecast to 7.6%

Morgan Stanley downgraded India’s growth forecast to 7.6% from 7.9% for FY2023 amid a slowdown in global growth, higher commodity prices and risk aversion in global capital markets. This 7.6% forecast is a baseline forecast for India while its bearish and bullish growth projections are 6.7% and 8%, respectively. Key points: For FY24, it lowered its growth forecast […]

India Contributes USD 800,000 To Promote Hindi Language At UN

The government of India has contributed USD 800,000 to the United Nations(UN) as part of the initiative which aims to enhance public outreach of the organisation in Hindi. R Ravindra, India’s Deputy Permanent Representative to the United Nations, handed over a cheque for the ‘Hindi @ UN’ project to Mita Hosali, Deputy Director and Officer-In-Charge (News and Media Division), UN Department of Global Communications […]

Statue of Unity- ‘Loha’ Campaign and Milestones

Statue of Unity Statue of Unity is dedicated to Sardar Vallabhbhai Patel who was a role model of unity and statesmanship. The Statue of Unity is the tallest in the world and is located in Gujarat. The statue faces the Sardar Sarovar dam and stands on the Isle of Sadhu Bet in the river Narmada in district Rajpipla in Gujarat. The statue […]

MSME Technology Centre to be set up in Sindhudurg

Union Minister for Micro, Small & Medium Enterprises (MSME), Narayan Rane has announced the establishment of MSME-Technology Centre with an outlay of Rs. 200 Crore, in Sindhudurg, Maharashtra. The MSME-Technology Centre will provide the best of technology, incubation as well as advisory support to the industry, especially MSMEs, to enhance their competitiveness and provide skilling services for the employed and unemployed youth of […]

28th DST-CII India- Singapore Technology Summit 2022

Confederation of Indian Industry (CII), New Delhi in partnership with the Department of Science & Technology (DST), GoI hosted the 28th edition of the DST – CII Technology Summit on 23rd and 24th of February 2022. The Summit was held virtually. Singapore is the Partner Country for this year’s Technology Summit. Technology Summit has been very crucial in providing significant opportunities to build and improve […]