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The Cabinet Committee on Economic Affairs (CCEA) approved to digitise around 63,000 Primary Agricultural Credit Societies (PACS). PACS will be digitised at a cost of RS 2,516 crore, which will benefit about 13 crore small and marginal farmers. Each PACS will get around RS 4 lakh to upgrade its capacity and even old …

Recently, at the 47th meeting of the Goods and Services Tax (GST) Council, chaired by Union Finance Minister, officials approved hiking the rates for some goods and services while removing exemptions for several mass consumption items to simplify the rate structure. The Goods and Services Tax regime came into force after the Constitutional …

Recently, a report published by the Office of the United Nations High Commissioner for Human Rights (OHCHR)named Internet shutdowns: Trends, causes, legal implications and impacts on a range of human rights, stated that shutting down the internet affects people’s safety & well-being, hampers information flow and harms the economy. Internet shutdowns are measures taken …

Recently, the Ministry of Communications has launched ‘Dak Karmayogi, an e-learning portal of the Department of Posts. To recognise the good performance of employees of Department of Posts, Meghdoot Awards were also conferred in eight different categories. Meghdoot Award was introduced in the year 1984. This is the highest award of Department of Posts at National level for overall performance and …

Recently, a seminar on Production & Use of Green Hydrogen and Green Ammonia in the Process Industry was held Process Industries are the companies that extract, transport and process raw materials to manufacture semi-finished or high-quality end products by means of physical, mechanical and/or chemical processes. Green Ammonia Ammonia is a chemical which …

Recognised as the “bird village” following community-driven conservation efforts, Menar in Udaipur district is set to be notified as Rajasthan’s new wetland. This will pave the way for getting the Ramsar sitestatus for this rural heartland of the Mewar region. Wetland and its Significance Wetlands are ecosystems saturated with water, either seasonally or permanently. They include mangroves, marshes, …

According to a new Study published, Residual Flood Damage under Intensive Adaptation, the risk of river flooding is expected to increase with climate change and socioeconomic development. Residual flood damage under intensive adaptation tries to estimate the global cost of employing adaptive flood measures depending on local economic scenarios and cost adaptation measures by trying to quantify the …

Prime Minister has launched Vanijya Bhawan and NIRYAT (National Import-Export Record for Yearly Analysis of Trade) Portal. Vanijya Bhawan is the new premises of the Ministry of Commerce and Industry. Vanijya Bhawan, which is constructed near the India Gate (New Delhi) will be used by the two departments under the Ministry i.e. Department of Commerce and …

Recently, the government has launched the pilot phase of Open Network for Digital Commerce (ONDC) with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. ONDC ONDC is a freely accessible government-backed platform that aims to democratise e-commerce by moving it …

Investment in the Indian capital markets through Participatory notes (P-notes) dropped to Rs 86,706 crore till May-end, 2022. However, according to experts, foreign investors will reverse their selling stance and return to the country’s equities in the coming 1-2 quarters. In line with a decline in P-note investment, the assets under the …