What is the News? Meghalaya chief minister and Union Information and Technology (MeitY) Minister has jointly launched ‘MeghEA- Meghalaya Enterprise Architecture’. About MeghEA- Meghalaya Enterprise Architecture Aim: To improve service delivery and governance for the people of Meghalaya using the power of digital technologies. Pillars: MeghEA initiative is spread across 6 pillars namely: Governance, Human… Continue reading Meghalaya Enterprise Architecture Project (MeghEA) launched by IT Minister and CM Meghalaya
Tag: DIGITAL ECONOMY
The e-Rupi could take us a long way towards financial inclusion
Synopsis: The payment-voucher system’s (e-RUPI) features make it ideal for programmes aimed at bridging the digital divide in India. How has India progressed wrt digital payment ecosystem? India has emerged as a leader in digital payments, with a manifold increase in such transactions in recent times. There are not many countries that allow digital transactions… Continue reading The e-Rupi could take us a long way towards financial inclusion
How e-RUPI can transform government’s welfare schemes?
Source: Indian Express Relevance: Effective service delivery of Public goods Synopsis: e-RUPI opens up a world of opportunities to the government, people, and businesses to provide, avail and pay for services seamlessly. What is e-RUPI? About e- RUPI Its Significance How e-RUPI can be used by corporates? Facilitation of cashless service at paid Covid vaccination… Continue reading How e-RUPI can transform government’s welfare schemes?
Everything you want to know about CBDC
Source: Business Standard Relevance: CBDC, its potential impact, relevant suggestions Synopsis: The central bank digital currency will neither substitute nor compete with cryptocurrency; it’s just a wallet. An analysis of its inherent problems and a way forward. Background The RBI has been working towards a phased implementation of a central bank digital currency (CBDC) with… Continue reading Everything you want to know about CBDC
How e-RUPI can make welfare payments easier?
Source: Live Mint What is the news? Government of India recently launched e-RUPI which can make welfare payments easier and more efficient, and to an extent looks like the precursor of a Central Bank Digital Currency (CBDC). Must Read: What is e-RUPI and how does it work? What will e-RUPI be used for? The most… Continue reading How e-RUPI can make welfare payments easier?
PM to launch digital payment solution e-RUPI
Source: PIB What is the News? The Prime Minister has launched a digital Initiative named “e-RUPI”. About e-RUPI: e-RUPI is a cashless and contactless instrument for digital payment. It is founded on the Unified Payment Interface(UPI) platform. Purpose: It is designed to be a person and purpose-specific digital payment solution. It seeks to ensure that… Continue reading PM to launch digital payment solution e-RUPI
Digital Economy Report 2019
News:United Nations Conference on Trade and Development (UNCTAD) has released the Digital Economy Report 2019. Facts: About the report: The report outlines enormous potential gains from the increasingly interconnected global economy but calls for concerted global efforts to spread the wealth potential to the many people who currently reap little benefit from it. The report… Continue reading Digital Economy Report 2019
