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Draft Battery Swapping Policy

Draft Battery Swapping Policy: Government think-tank Niti Aayog has prepared a draft battery swapping policy. Under this, it has proposed offering incentives to electric vehicles (EVs) with swappable batteries, subsidies to companies manufacturing swappable batteries, a new battery-as-a-service business model, and standards for interoperable batteries, among other measures. The draft policy has suggested that the […]

Announcement On Setting Up 75 Digital Banking

Announcement On Setting Up 75 Digital Banking: Finance Minister Nirmala Sitharaman has reiterated her Budget announcement on setting up 75 digital banking units in 75 districts of the country this year. This is to take forward the government’s agenda of digital financial inclusion. Digital banking involves taking all traditional banking activity online — doing away […]

International Financial Services Centres Authority

International Financial Services Centres Authority: International Financial Services Centres Authority (IFSCA), has notified a comprehensive regulatory framework for Investment Funds in the official gazette on April 19, 2022. Registering the Fund Management Entity: A Fund Management Entity will be registered with IFSCA and will be able to manage different types of funds and schemes subject […]

Dr. Ambedkar Centres Of Excellence (DACE) Scheme

Dr. Ambedkar Centres Of Excellence (DACE) Scheme: Union Minister for Social Justice and Empowerment and Chairman of Dr. Ambedkar Foundation (DAF) Dr. Virendra Kumar will launch the Dr. Ambedkar Centres of Excellence (DACE) Scheme Pan India from Banaras Hindu University, Varanasi on 22.04.2022. Ambedkar Foundation (DAF), Ministry of Social Justice & Empowerment, Govt. of India, […]

Prime Minister’s Awards For Excellence In Public Administration

Prime Minister’s Awards For Excellence In Public Administration: Prime Minister’s Awards for Excellence in Public Administration have been instituted with a view to recognize the extraordinary and innovative work done by Districts/implementing units and Central/State organisations for the welfare of common citizens. They are also conferred for effective implementation of identified priority programs and innovation. […]

Fincluvation

Fincluvation: India Post Payments Bank (IPPB), a 100% government owned entity under Department of Posts (DoP) announced the launch of Fincluvation– a joint initiative to collaborate with Fintech Startup community to co-create and innovate solutions for financial inclusion. Fincluvation is an Industry first initiative to create a powerful platform to mobilize the start-up community towards […]