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Daily Archives: August 11, 2021

August 11, 2021 -_5.1

Maharashtra government announces Rajiv Gandhi award for IT sector

Maharashtra government has announced a new award named after the former prime minister Rajiv Gandhi for outstanding performance in the Information and Technology (IT) sector. The Rajiv Gandhi Award in Maharashtra will be given to institutes doing remarkable work in the field of information technology. Buy Prime Test Series for all Banking, SSC, Insurance & …

August 11, 2021 -_6.1

SIDBI unveils “Digital Prayaas” lending platform

Small Industries Development Bank of India (SIDBI) has unveiled ‘Digital Prayaas’ an app-based digital-lending platform to facilitate loans to entrepreneurs from low-income groups. The objective is to sanction a loan by the end of the day. The platform has engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs). Buy Prime …

August 11, 2021 -_8.1

India ranks 122nd on “New Global Youth Development Index”

India is ranked 122nd on a new Global Youth Development Index 2020 measuring the condition of young people across 181 countries, released by the Commonwealth Secretariat in London. Singapore ranked topmost followed by Slovenia, Norway, Malta and Denmark. Chad, the Central African Republic, South Sudan, Afghanistan and Niger came last respectively. Buy Prime Test Series …

August 11, 2021 -_10.1

South Africa grants patent to an artificial intelligence system

South Africa grants a patent relating to a “food container based on fractal geometry” to an artificial intelligence (AI) system called DABUS. DABUS (which stands for “device for the autonomous bootstrapping of unified sentience”) is an AI system created by Stephen Thaler, a pioneer in the field of AI and programming. The system simulates human …

August 11, 2021 -_11.1

Nagaland wins 7 National Awards under Van Dhan Yojana Scheme

Nagaland has been conferred with seven national awards on the first Van Dhan Annual Awards 2020-21, during the celebration of the 34th foundation day of the Tribal Cooperative Marketing Development Federation of India Limited (TRIFED). The awards were presented by Union tribal minister, Arjun Munda through a Zoom webinar. Buy Prime Test Series for all …

August 11, 2021 -_12.1

RBI hikes collateral-free loans to Self Help Groups

The Reserve Bank of India has raised the limit for collateral-free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana – National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs. The DAY-NRLM is the flagship program of Govt. of India for promoting poverty reduction through building strong institutions for the …