Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021 UPSC Civil Services, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.
Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B, NABARD Grade A, UPSC Civil Services however, it is also equally important is to know which PIB Article should be read and which to be left.
The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs
- He also laid the foundation stone for four new medical colleges in the Banswara, Sirohi, Hanumangarh & Dausa districts of Rajasthan.
- He informed that after 2014, 23 medical colleges have been approved by the central government for Rajasthan and 7 medical colleges have already become operational.
- The Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Shri Piyush Goyal has said India is poised to become one of the largest digital markets in the world.
- As of May 2021, India’s United Payments Interface (UPI) has seen participation of 224 banks & recorded 2.6 billion transactions worth over $68 Bn and the highest ever, more than 3.6 Bn transactions, in Aug’21
- The Minister said, under the National Broadband Mission soon every village in India will have high speed internet and this power can be leveraged to make India a Fintech Innovation Hub.
- The Commerce Minister said, India is today one of the fastest growing Fintech markets with more than 2,100 FinTechs.
- A lot of Indian Fintech markets are unicorns and India’s market is currently valued at $31 Bn, and expected to grow to $84 Bn by 2025,
- This decision is based on the recommendation of a committee that was constituted by the Ministry of Finance, Government of India to look into the matter of holding examinations for clerical cadre in Public Sector Banks (PSBs) in regional languages
- The ongoing process of holding the examination initiated by IBPS was kept on hold until the recommendations of the Committee were made available.
- Minister for Labour and Employment, Shri Bhupender Yadav today launched DigiSaksham - a digital skills programme to enhance the employability of youth by imparting digital skills that are required in an increasingly technology driven era.
- Under the DigiSaksham initiative, there will be basically three types of training viz. Digital Skills – Self paced learning, VILT mode training (Virtual Instructor led) and ILT mode training (Instructor led).
- Through this initiative, nearly one crore active jobseekers registered on National Career Service (NCS) Portal will be able to access training
- An IT portal to bring the employment seeker senior citizens and employment providers on one platform will be developed and maintained by an agency identified through a transparent process.
- Web portal will be developed through NIC. There will be adequate publicity both among elders and enterprises to enroll on the portal.
- An amount of Rs. 10 Cr would be provided for funding for the platform development along with maintenance grant of @ Rs. 2 Cr per year for 5 year
- An amount of Rs. 10 cr would be spent annually for publicity about the portal in various business enterprises.
'Senior care Ageing Growth Engine' (SAGE) project to support India’s elderly
Govt of India under the leadership of Hon'ble Prime Minister Shri Narendra Modi has created the Senior Citizen Welfare Fund in 2016 to fund activities that would bring significant change in the lives of the elderly in India. The Fund is expected to use Rs. 9,000 Cr of unclaimed deposits in the EPF and other public funds. The Rashtriya Vayoshri Yojana is funded through this.
In order to utilize this fund, Govt has constituted (7) Eminent Expert groups addressing the areas of livelihood, employment, health, nutrition, silver economy, capacity building and research
- Based on their recommendations, the Senior Aging Growth Engine (SAGE) has been designed.
Objectives are, to focus on addressing the needs of India’s fast rising elderly population, to select, support and create a “one-stop access” of elderly care products and services, to encourage the selected “startups” based on the innovative products and services address the services from health, housing, care centers, technology access linked to needs ranging from finances, food and wealth management to legal guidance.
SAGE Portal: In order to provide a transparent mechanism for selecting the start-ups, a dedicated portal has been designed. All proposals will be uploaded and selection will be based on blind review by an independent screening committee of experts.
Equity support- The Inter Ministerial committee for the SCWF has considered for funding of about Rs. 100 Cr as equity support to the selected start-ups @ maximum Rs. 1 Cr per Startup. For the current year, Rs. 20 Cr is made available. In the next five years, about 100 such innovative start-ups will be funded under the project.
- All three organization have come together to establish a new experience studio at the NITI Aayog Frontier Technologies Cloud Innovation Center (CIC). Located in NITI Aayog’s New Delhi premises
- New Experience Studio at the NITI Aayog Cloud Innovation Center to be a hub for collaboration and experimentation, initially focusing on healthcare, agriculture, and smart infrastructure verticals
- NTPC Renewable Energy ltd (REL) a 100 per cent subsidiary of NTPC ltd, has signed its first Green Term Loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on 29th September 2021 for its 470 MW Solar Projects in Rajasthan & 200 MW Solar Project in Gujarat.
- This technology has been developed by Dr. Sandeep N. Mudliar at CSIR-CFTRI Mysore with support from the Waste Management Technology program of the Department of Science & Technology (DST)
- A team of researchers from Agharkar Research Institute, Pune, an autonomous institute of the Department of Science and Technology (DST), GOI, in collaboration with Sentient labs of KPIT Technologies, have developed this technology at lab-scale to extract hydrogen from agricultural residues.
News Source : Multiple PIB Articles
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