Category: Business & Economics

To enhance efficiency of the Electronic Toll Collection system and provide seamless movement at the Toll Plazas, NHAI has taken ‘One Vehicle, One FASTag’ initiative that aims to discourage user behavior of using single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle. NHAI is also encouraging FASTag users to complete ‘Know Your Customer’ (KYC) process of their latest FASTag by updating KYC as per RBI guidelines. FASTags with valid balance but with incomplete KYC will get deactivated/blacklisted by banks post 31st January 2024. To avoid inconvenience,…

India Post Payments Bank (IPPB) proudly announces the attainment of a significant milestone, with eight crore customers now benefiting from its innovative and inclusive financial services. Since its inception, the IPPB has been dedicated to providing accessible and affordable banking solutions to every corner of the nation. This remarkable achievement of reaching eight crore customers reflects the trust and confidence placed in IPPB by the people of India. The establishment of India Post Payments Bank was a strategic move to bridge the financial gap, empower the underserved population and drive…

Food Corporation of India should emerge as a trusted partner of farmers and people of the country, said Union Minister for Consumer Affairs, Food and Public Distribution, Textiles and Commerce and Industry, Shri Piyush Goyal said while delivering address during 60th Foundation of FCI here today. Shri Goyal said FCI plays a crucial role in facilitating flagship schemes like Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) by providing ration to beneficiaries in every corner of the country. However, he emphasized that the role of FCI is not only to deliver ration,…

Prime Minister Shri Narendra Modi will release the first instalment to 1 lakh beneficiaries of Pradhan Mantri Awas Yojana – Gramin (PMAY – G) under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN) on 15th January, 2024 at 12 noon via video conferencing. Prime Minister will also interact with the beneficiaries of PM-JANMAN on the occasion. In line with the Prime Minister’s efforts towards the vision of Antyodaya to empower the last person at the last mile, PM-JANMAN was launched for the socio-economic welfare of Particularly Vulnerable Tribal Groups (PVTGs)…

Additional Secretary, Ministry of Rural Development Shri Charanjit Singh chaired a meeting yesterday with the Chairpersons of Regional Rural Banks and Managing Directors of State Co-operative Banks on SHG Bank Linkage & Financial Inclusion in New Delhi. Shri Charanjit Singh said that role of the RRBs and Co-operative Banks should be towards changing the rural society by empowering women. He said that the Branch Managers should visit the villages and stay there for one night to assess the ground reality. Chairman NABARD said that SHG women members could be transformed…

Applications Open for the Youth Co:Lab National Innovation Dialogue 2023-2024 in India to Support 50 Youth-led Social Start-ups in Accelerating their Businesses. Interested startups can submit their application under the themes namely: Agriculture Fintech and Insurtech for small and marginal farmers, Innovative solutions for Indigenous groups, tribal communities and Assistive technology and solutions. Some of the startups will also be supported with seed grants.    Speaking at the launch, Resident Representative a.i. of UNDP India Isabelle Tschan said, “India, with its significant youth population, enjoys the advantage of a demographic dividend,…

Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, attended the inaugural session on Developing Global Networks for Skill Development at the Vibrant Gujarat Summit 2024, held at the Mahatma Mandir Convention and Exhibition Centre, Gandhinagar, Gujarat. Minister for Industries and Labour, Skill Development and Employment, Govt. of Gujarat, Shri Balvantsinh Rajput; Additional Chief Secretary, Department of Labour, Skill Development & Employment, Govt. of Gujarat; Secretary, Ministry of Skill Development and Entrepreneurship, Govt. of India, Shri Atul Kumar Tiwari; CEO and MD, National Skill Development Council, Shri…

The India-UAE Business Summit was held on 10th January 2024 to strengthen bilateral ties between India and the United Arab Emirates (UAE) as part of the Vibrant Gujarat Global Summit 2024. UAE’s President His Highness (H.H.) Sheikh Mohamed bin Zayed Al Nahyan is the chief guest at the Vibrant Gujarat Global Summit 2024, further emphasising the growing cooperation and strengthening relations between the two nations. The Prime Minister of India, Shri Narendra Modi, extended a warm welcome to H.H. Sheikh Mohamed bin Zayed Al Nahyan and remarked that India cherishes…

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal said that India and UAE aspire to expand their bilateral trade to US$ 100 Billion. While addressing at the ‘UAE India Business Summit’ held at the 10th edition of Vibrant Gujarat Global Summit in Gandhinagar, Gujarat today, the Minister underscored the multifaceted nature of the India-UAE partnership, encompassing collaborations in space exploration, security, education, and climate action. Shri Goyal said that both the countries are looking for newer propositions from industry and business…

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal inaugurated the ‘Indus Food 2024’, exhibition to showcase India’s vibrant and diverse food ecosystem, being held in India Exposition Mart, Greater Noida. While delivering an inspiring address at the inauguration of the exhibition, the Minister praised India’s diverse food industry, emphasizing its potential to captivate global markets. Speaking on India’s food processing sector, Shri Goyal highlighted the 150% growth in processed food exports over the last nine years. The Minister highlighted that India’s…