UPI’s Dominance in India’s Digital Payments Landscape The growth of India’s digital payments ecosystem has been remarkable over the past few years, and one of the key drivers of this revolution is the Unified Payments Interface (UPI). The UPI system, launched in 2016 by the National Payments Corporation of India (NPCI), has significantly transformed the…
Nine Years of Startup India: A Journey of Innovation Introduction: The Rise of Startup India The “Startup India” initiative, launched by the Government of India on January 16, 2016, has completed nine years of transformative impact. It aims to foster innovation, promote entrepreneurship, and facilitate job creation in the country. Over the years, Startup India…
EPFO’s Centralized Pension System: A Step Towards Simplified Pension Disbursement Introduction to EPFO’s Centralized Pension System The Employees’ Provident Fund Organisation (EPFO) has introduced a Centralized Pension System to streamline the disbursement of pension benefits to its beneficiaries. This new system is expected to reduce the burden on regional offices and create a smoother, more…
116th Mann Ki Baat – A Historic Broadcast Prime Minister Narendra Modi’s 116th episode of Mann Ki Baat, aired on December 31, 2024, marked another significant moment in India’s political and cultural landscape. The radio show, which has been a regular feature of PM Modi’s communication strategy, continues to reach millions of people across the…
FAME III: A New Milestone for Electric Mobility in India India has taken a significant step towards boosting its electric vehicle (EV) sector with the launch of the FAME III (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme. This ambitious initiative by the government aims to further accelerate the adoption of electric vehicles…
GST Collection on Health and Life Insurance Sees a Significant Surge The Goods and Services Tax (GST) collection from the health and life insurance sector has witnessed a remarkable rise, reflecting a growing demand for insurance products and increased financial inclusion. This development highlights the sector’s pivotal role in India’s economy and its importance for…
Celebrating Awaas Diwas 2024: 8th Anniversary of Pradhan Mantri Awas Yojana – Gramin (PMAY-G) The 8th anniversary of the Pradhan Mantri Awas Yojana – Gramin (PMAY-G) was celebrated on Awaas Diwas 2024, a landmark event for the rural housing sector. Launched in 2016, PMAY-G aims to provide affordable housing for the rural poor, focusing on…
Government Reconstitutes Central Apprenticeship Council to Enhance Industry Training and Reforms The Indian government has recently reconstituted the Central Apprenticeship Council (CAC) with the objective of bolstering apprenticeship training and introducing essential industry reforms. This move aligns with India’s vision to empower its workforce, improve employability, and address the skills gap prevalent in multiple sectors….
MUDRA Loan Limit Doubled to ₹20 Lakh: A Boost for Entrepreneurs The Government of India has announced a significant increase in the MUDRA (Micro Units Development and Refinance Agency) loan limit, doubling it from ₹10 lakh to ₹20 lakh. This decision aims to bolster the micro, small, and medium enterprises (MSME) sector, providing entrepreneurs with…
Small Savings Scheme Interest Rates Unchanged for Q3 FY25 Introduction to the Announcement In a recent announcement, the Ministry of Finance confirmed that interest rates for small savings schemes will remain unchanged for the third quarter of the financial year 2024-25 (Q3 FY25). This decision impacts several popular savings instruments, including the Public Provident Fund…
🚀 Exciting News! 📢 Join Our Telegram Channel Now!
Unleash a daily dose of knowledge and stay ahead of the game! 🌐✨ Join our Telegram channel for a thrilling adventure into the world of daily current affairs. 📰🔥 Don’t miss out on the latest updates and insights! Click to join now and be part of the knowledge revolution! 🚀👉
