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Monthly Archives: August 2021

August, 2021 - - Part 5_4.1

India & Maldives inks pact on mega Greater Male Connectivity Project

The Government of India and Maldives inked the contract for the mega Greater Male Connectivity project (GMCP). The Greater Male Connectivity project (GMCP) is the largest-ever civilian infrastructure project in the Maldives. The Government of India is funding the implementation of GMCP through a USD 400 million Line of Credit (LoC) and USD 100 million …

August, 2021 - - Part 5_5.1

RBI includes PM SVANidhi Scheme beneficiaries under PIDF Scheme

The Reserve Bank of India has announced to include street vendors of tier-1 and tier-2 centres, identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) as beneficiaries under the Payments Infrastructure Development Fund (PIDF) Scheme. Payments Infrastructure Development Fund (PIDF) Scheme was launched by RBI to encourage deployment of Points of …

August, 2021 - - Part 5_7.1

NITI Aayog and Cisco launches “WEP Nxt” Women Entrepreneurship Platform

NITI Aayog in partnership with Cisco has launched the next phase of the Women Entrepreneurship Platform (WEP) titled “WEP Nxt” to foster women entrepreneurship in India. WEP, which was launched by NITI Aayog in 2017, is a first-of-its-kind, unified portal that brings together women from diverse backgrounds and offers them access to a multitude of …

August, 2021 - - Part 5_8.1

A book title ‘Accelerating India: 7 Years of Modi Government’ by K J Alphons

Prime Minister Narendra Modi has received a book titled ‘Accelerating India: 7 Years of Modi Government’ by former Union Minister, K J Alphons. The book is about all the areas of India’s reform journey, written by Mr Alphons. K J Alphons is the former Minister of State for Culture and Tourism (Independent Charge), in office …

August, 2021 - - Part 5_11.1

Govt replaces Unmanned Aircraft Systems Rules 2021

Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021. The step has been taken as the earlier UAS Rules 2021 was perceived by academia, Startups, end-users and other stakeholders as being restrictive in nature as they involved considerable paperwork, required permissions …

August, 2021 - - Part 5_12.1

Government approves increase of Bank Employees Family Pension to 30%

Central Government has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn. The immediate benefit of this approval will be an increase of 30,000 to 35,000 in the family pension of public sector bank employees from a maximum of 9,284 per month, depending on the last drawn salary …