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Monthly Archives: June 2024

Government Monetises ₹1.56 Lakh Crore in FY24 under National Monetisation Pipeline

Government Monetises ₹1.56 Lakh Crore in FY24 under National Monetisation Pipeline

The government monetised assets worth ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) in the financial year 2023-24, falling short of the target of ₹1.8 lakh crore. This performance represents approximately 159% of the achievement in 2021-22. The NMP aims to unlock the value of brownfield infrastructure assets, with a total monetisation potential estimated …

Karnataka Vikas Grameena Bank Gets National Award for APY Implementation

Karnataka Vikas Grameena Bank Gets National Award for APY Implementation

Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Canara Bank, has been honoured with a national award by the Pension Fund Regulatory and Development Authority (PFRDA) for significant enrolment under the Atal Pension Yojana (APY). Who has received this award? Shreekant M Bhandiwad, Chairman of KVGB, received the award from Vivek Joshi, Secretary, Department of …

Easternmost Point of India

Which is the Easternmost Point of India?

India, geographically the seventh largest country in the world, spans a vast area of 3,287,263 square kilometers. From the northernmost to the southernmost and from the easternmost to the westernmost points, India encompasses a diverse range of states and union territories. Among these, the easternmost point holds particular significance. This article delves into the details …

Hemis Festival 2024: Celebrating Buddhist Culture in Ladakh

Hemis Festival 2024: Celebrating Buddhist Culture in Ladakh

The Hemis Festival, a vibrant celebration of Tibetan Buddhism, takes place annually in Ladakh, India. In 2024, this important cultural event will be held on June 16th and 17th. What is the Hemis Festival? The Hemis Festival, also known as Hemis Tsechu, commemorates the birth anniversary of Guru Padmasambhava, a revered figure in Tibetan Buddhism. …

World Hydrography Day 2024 Celebrates on June 21st

World Hydrography Day 2024 Celebrates on June 21st

Every year on June 21st, the world celebrates World Hydrography Day. This important day, organized by the International Hydrographic Organisation (IHO), aims to raise awareness about hydrography and its crucial role in understanding our seas and oceans. Theme for 2024 The theme for World Hydrography Day 2024 is: “Hydrographic Information – Enhancing Safety, Efficiency and …

Government Appoints Atul Kumar Chaudhary as Secretary of Telecom Regulatory Authority of India

Government Appoints Atul Kumar Chaudhary as Secretary of Telecom Regulatory Authority of India

The government (on 20 June) has appointed Atul Kumar Chaudhary, as the new Secretary, Telecom Regulatory Authority of India (TRAI), the position which was lying vacant after superannuation of V Raghunandan on May 31. About Atul Kumar Chaudhary Chaudhary is a graduate from IIT-Rookkee and did his Master Diploma in Public Policy & Administration from …

DGCA Advisory Circular on Gender Equality in the Civil Aviation Sector

DGCA Advisory Circular on Gender Equality in the Civil Aviation Sector

The Directorate General of Civil Aviation (DGCA) has issued an advisory circular titled ‘Gender Equality in the Civil Aviation Sector‘ aimed at increasing women’s representation in aviation to 25% by 2025. This initiative aligns with the gender equality principles enshrined in the Indian Constitution and the International Civil Aviation Organisation’s (ICAO) vision for equal opportunities …

June, 2024 - - Part 16_11.1

Manoj Jain Appointed as Chairman and Managing Director of Bharat Electronics Limited

Bharat Electronics Limited (BEL), a leading Indian defense electronics company, has announced a significant change in its top leadership. Manoj Jain has been appointed as the new Chairman and Managing Director of the company. Jain’s Journey at BEL Manoj Jain’s career at BEL spans over three decades, showcasing his dedication and expertise in the field …

Indian Deposits in Swiss Banks Drop by 70% to Reach Four-Year Low of ₹9,771 Crore

Indian Deposits in Swiss Banks Drop by 70% to Reach Four-Year Low of ₹9,771 Crore

Indian funds in Swiss banks have plummeted by 70% in 2023, reaching a four-year low of 1.04 billion Swiss Francs (₹9,771 crore), according to the Swiss National Bank (SNB). This marks a significant decline after a peak in 2021 and is attributed to decreases in bonds, securities, and other financial instruments. Key Drivers of Decline …