Govt likely to dilute draft e-commerce norms as consultation ends

What is the News? The Government of India may soon dilute some of the clauses of the Draft E-Commerce Rules as the Ministry has completed consultation with e-commerce companies, industry associations and other relevant stakeholders. What are the contentious Draft E-Commerce Rules that have been objected by the industry? Contentious E-Commerce Rules Objections to these… Continue reading Govt likely to dilute draft e-commerce norms as consultation ends

Deendayal Antyodaya Yojana-National Rural Livelihoods Mission Overdraft facility for women SHG members launched

What is the News? The Ministry of Rural Development has launched an overdraft facility to women Self Help Groups (SHGs) under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). Under this, an overdraft facility of Rs 5,000 will be available to verified SHG members under DAY – NRLM having accounts under the Prime Minister… Continue reading Deendayal Antyodaya Yojana-National Rural Livelihoods Mission Overdraft facility for women SHG members launched

Tokenization: Why the RBI has given more time for tokenization

Contents1 What is the News?2 How are the transactions processed today?3 What do the new guidelines aim to bring?4 What business models can get impacted by Tokenization? What is the News? Reserve Bank of India(RBI) had issued guidelines banning the storage of customer card numbers by online merchants and payment aggregators and introducing the concept… Continue reading Tokenization: Why the RBI has given more time for tokenization

Vernacular Innovation Program (VIP): Atal Innovation Mission, NITI Aayog launches Vernacular Innovation Program (VIP) to Empower Innovators, Entrepreneurs in 22 Mother Tongues

Contents1 What is the News?2 What is the Vernacular Innovation Program(VIP)?3 Why was the Vernacular Innovation Program launched?4 What is the significance of the Vernacular Innovation Program? What is the News? Atal Innovation Mission (AIM), NITI Aayog has launched the first of its kind Vernacular Innovation Program(VIP). What is the Vernacular Innovation Program(VIP)? Aim: To… Continue reading Vernacular Innovation Program (VIP): Atal Innovation Mission, NITI Aayog launches Vernacular Innovation Program (VIP) to Empower Innovators, Entrepreneurs in 22 Mother Tongues

Global Unicorn Index 2021: India adds 33 unicorns in one year, displacing U.K.

What is the News? Hurun Research Institute has released the Global Unicorn Index 2021. The index is a ranking of the world’s start-ups founded in the 2000s, are worth at least a billion dollars and are not listed on a public exchange. Read more: 1,600 new tech start-ups and 12 unicorns in 2020: Nasscom’s Indian… Continue reading Global Unicorn Index 2021: India adds 33 unicorns in one year, displacing U.K.

Disinvestment’s tough climate call: The hurdle in govt’s fund-raising path

Contents1 What is the News?2 What are the Government’s Disinvestment plans?3 What are the issues in India’s Disinvestment plans?4 What is the way forward then? What is the News? The Prime Minister had a meeting with private equity and venture capital fund managers to get a sense of how they read the government’s disinvestment plans.… Continue reading Disinvestment’s tough climate call: The hurdle in govt’s fund-raising path

Agritech Challenge: AIM, NITI Aayog & UNCDF announce first AgriTech cohort under South-South Innovation platform

Contents1 What is the News?2 Background3 What is the purpose of the Agritech Challenge?4 What is the significance of the Agritech challenge for India? What is the News? Atal Innovation Mission (AIM), NITI Aayog and the United Nations Capital Development Fund (UNCDF) have launched its first AgriTech Challenge under its ambitious innovative Agri-tech program. Background… Continue reading Agritech Challenge: AIM, NITI Aayog & UNCDF announce first AgriTech cohort under South-South Innovation platform

As per 1st round of All-India Quarterly Establishment Based Employment Survey (AQEES), employment increased by 29% in nine selected sectors of economy compared to 6th Economic Census (2013-14)

What is the News? The Government has released the results of the first round of the Quarterly Employment Survey for the period April to June 2021. Note: QES is part of the All-India Quarterly Establishment Based Employment Survey (AQEES). What is the All-India Quarterly Establishment Based Employment Survey (AQEES)? Released by: Labour Bureau, Ministry of… Continue reading As per 1st round of All-India Quarterly Establishment Based Employment Survey (AQEES), employment increased by 29% in nine selected sectors of economy compared to 6th Economic Census (2013-14)

Algo trading: Sebi proposals and market concerns

Contents1 What is the News?2 What is Algo Trading? And Why SEBI wants to regulate them?3 Key Features of Algo Trading 4 What is API?5 What role does API play in trading?6 What are SEBI’s proposals on Algo Trading?7 What are market concerns against these proposals? What is the News? Securities and Exchange Board of India(SEBI)… Continue reading Algo trading: Sebi proposals and market concerns

LogiXtics – Unified Logistics Interface Platform’s (ULIP) Hackathon launched by Centre

Contents1 What is the News?2 What is ULIP Hackathon – LogiXtics?3 Why is this hackathon launched? 4 What is Unified Logistics Interface Platform(ULIP)? What is the News? The Department for Promotion of Industry and Internal Trade(DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) Hackathon named ‘LogiXtics’. What is ULIP Hackathon – LogiXtics? LogiXtics is a… Continue reading LogiXtics – Unified Logistics Interface Platform’s (ULIP) Hackathon launched by Centre

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