Kaizen Philosophy: The Gujarat Administrative Reforms Commission (GARC) submitted its first report recommending the adoption of Kaizen, a Japanese method of continuous improvement, in government operations. Kaizen translates to “change for better” or continuous improvement. It focuses on small, consistent improvements involving all employees to improve overall system performance. Core Features of Kaizen: Continuous […]
India Bioeconomy
India Bioeconomy: The India BioEconomy Report 2024, released by the Department of Biotechnology, highlighted that India’s bioeconomy crossed $165 billion, contributing 4.2% of GDP. It charts a roadmap to reach $300 billion by 2030 and $1 trillion by 2047. Bioeconomy doubled from $86 billion (2020) to $165 billion (2024), with projections of $1 trillion by […]
BHIM 3.0
BHIM 3.0: The NPCI BHIM Services Limited (NBSL), a subsidiary of National Payments Corporation of India (NPCI) has launched Bharat Interface for Money (BHIM) 3.0 app. BHIM 3.0 is an upgraded version of BHIM. BHIM Unified Payment Interface (UPI) was launched in 2016 to provide a simple, fast, and secure method for cashless payments using […]
Sahyog Portal
Sahyog Portal: X Corp (formerly Twitter) has filed a lawsuit in the High Court against the Indian government, challenging alleged censorship and content regulation through Section 79 of the Information Technology (IT) Act, 2000 and the newly introduced Sahyog portal. X argued that content regulation orders be issued only under Section 69A of the IT […]
5 Years of National Technical Textiles Mission
5 Years of National Technical Textiles Mission: India’s textile industry plays a crucial role in the national economy and has evolved into a hub of innovation. The country ranks as the 6th largest textile exporter globally, holding a 3.9% share in world textile exports. Contributing nearly 2% to the GDP, the sector is projected to […]
Growth Of India’s Automobile Sector
Growth Of India’s Automobile Sector: India’s automobile sector under ‘Make in India’ initiative has witnessed record growth in 2023-24, with total vehicle production reaching 28 million units the sector is transforming into a global manufacturing hub, especially for Electric Vehicles (EVs). Growth Trajectory of India’s Automobile Sector: The automobile industry was de-licensed in 1991, and […]
Government to Mobilise Rs 8 Lakh Crore via Bonds in H1 of FY26
Government to Mobilise Rs 8 Lakh Crore via Bonds in H1 of FY26: The Indian government plans to raise Rs 8 lakh crore through dated securities in the first half (H1) of the financial year 2025-26 to bridge the fiscal deficit. This is part of the total gross market borrowing of Rs 14.82 lakh crore […]
Digital Crop Survey (DCS) System
Digital Crop Survey (DCS) System: The Ministry of Agriculture and Farmers Welfare has introduced the Digital Crop Survey (DCS) System to collect real-time crop-sown details directly from the field via a mobile interface. This system enhances accuracy in crop area estimation, contributing to precise agricultural production forecasting.
Cabinet Approves 2% Hike in DA for Government Employees
Cabinet Approves 2% Hike in DA for Government Employees: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a 2% increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners. This hike, effective from January 1, 2025, raises the DA from 53% to 55% of Basic Pay/Pension, benefiting approximately […]
HDFC Bank Embassy Fixed Deposit
HDFC Bank Embassy Fixed Deposit: HDFC Bank has outlined the details of its Embassy Deposits, which are exclusively available to diplomats, non-diplomatic staff, and diplomatic missions. These deposits are Foreign Currency (FCY) Term Deposits, currently available only in USD (United States Dollar). The latest update specifies the minimum deposit amount, interest rates, and renewal policies […]
