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International North-South Transport Corridor (INSTC)

International North-South Transport Corridor (INSTC): Russia has sent two trains carrying coal to India through the International North-South Transport Corridor (INSTC) for the first time. The consignment will travel over 7,200km from St. Petersburg, Russia to Mumbai port via Bandar Abbas port of Iran. International North-South Transport Corridor (INSTC) is a 7,200-kilometer Multimode Transit Route […]

Interest Equalisation Scheme

Interest Equalisation Scheme: The Department of Commerce has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for Micro, Small and Medium-scale (MSME) exporters till August 31. Interest Equalisation Scheme was first implemented on 1st April 2015, to provide pre- and post-shipment export credit to exporters in rupees. It was initially valid […]

National Quality Assurance Standards (NQAS) Assessment

National Quality Assurance Standards (NQAS) Assessment: The Union Ministry of Health and Family Welfare launched the National Quality Assurance Standards (NQAS) assessment, Dashboard for IPHS and Spot Food Licence Initiative to provide “Healthcare for All” and promote wellness. National Quality Assurance Standards (NQAS) assessment has been launched for Ayushman Arogya Mandirs (AAM) and Integrated Public […]

Artificial Intelligence Preparedness Index

Artificial Intelligence Preparedness Index: The International Monetary Fund (IMF) released an Artificial Intelligence Preparedness Index (AIPI) Dashboard. Artificial Intelligence Preparedness Index (AIPI) assesses the level of AI preparedness across 174 countries. The rating for each country is given based on the assessment of readiness in four key areas – digital infrastructure, human capital and labour […]