India Positive - 16 December, 2016
- November 30, -0001
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Mr Ravi Shankar Prasad, Union Minister of Law & Justice and Information Technology, has launched a free Doordarshan DTH channel called DigiShala, which will help people understand the use of unified payments interface (UPI), USSD, aadhaar-enabled payments system, electronic wallets, debit and credit cards, thereby promoting various modes of digital payments.
Indian Space Research Organisation (Isro) has for the first time issued a contract to a consortium of six private companies, led by Alpha Design Technologies, New Tech Solutions, to manufacture two remote-sensing satellites.
Mr Vijay Goel, Minister of State with Independent Charge for Youth Affairs and Sports, has launched a Mobile and Digital Banking induction campaign for youth, in order to promote the benefits of online banking and boosts the methods of cashless transactions with the help of youngsters, thereby promoting Digital Economy initiative of the government.
Global rating agency Standard & Poor's (S&P) has stated that Indian government reforms like Goods and Services Tax (GST) and demonetisation, which are likely to have a higher disruptive impact in the short term, will be beneficial for the Indian economy in the long run.
Several industries and other entities have collectively invested Rs 5,111 crore (US$ 756 million) in energy conservation measures and have saved 7,378 million units of electricity as well as achieved monetary savings of Rs 4,866 crore (US$ 720 million) in 2015-16.
The Union Cabinet has approved the Memorandum of Understanding (MoU), which was signed between United States Geological Survey (USGS) and Indian Space Research Organisation (ISRO) on July 9, 2016, which will enable ISRO to receive USGS's Landsat-7 & 8 in India and USGS to receive ISRO’s Resourcesat-2 (AWiFS and LISS III) data of US region.
The Union Cabinet has approved the proposal of Ministry of Shipping to replace the 'Major Port Trusts Act, 1963' by the 'Major Port Authorities Bill, 2016', which will empower major ports to perform with greater efficiency by having full autonomy in decision making and by modernising the institutional structure of major ports.
At least one member in 99 per cent of households in both urban and rural India had a bank account as of July 2016, as per Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey).
NITI Aayog has announced launch of two schemes for incentivising digital payments, Lucky Grahak Yojana for consumers and Digi-Dhan Vyapar Yojana for merchants, under which consumers and merchants will be eligible to win daily and weekly cash awards between Rs 1,000 ( ~US$ 15) to Rs 1 lakh (US$ 1,475) from December 25, 2016, leading up to a mega prizes of up to Rs 1 crore (US$ 147,494) to be announced by draw on April 14, 2017.
During the International Civil Aviation Negotiations (ICAN) 2016 held in Nassau during December 5-9, India has signed Open Skies Agreement to encourage connectivity and passenger travel between India and Jamaica, Guyana, Czech Republic, Finland, Spain and Sri Lanka, apart from resolving other issues such as greater traffic rights, new service agreements and code sharing with several other countries.
Domestic air passenger traffic increased 22.4 per cent year-on-year in November, 2016 to reach 8.96 million, as per Mr P. Ashok Gajapathi Raju, Union Minister for Civil Aviation.
As per a study ‘Social Value Economy’ of 250 social enterprises by the British Council along with Ennovent Pvt Ltd and Aspen Network of Development Entrepreneurs, 53 per cent of such enterprises in India are focussed on skill development, followed by 30 per cent on education, while also indicating the higher level of inclusiveness and youth leadership in comparison to mainstream businesses.
Govt launches DigiShala channel to promote digital payments
Mr Ravi Shankar Prasad, Union Minister of Law & Justice and Information Technology, has launched a free Doordarshan DTH channel called DigiShala, which will help people understand the use of unified payments interface (UPI), USSD, aadhaar-enabled payments system, electronic wallets, debit and credit cards, thereby promoting various modes of digital payments.
Isro picks private consortium to build two satellites
Indian Space Research Organisation (Isro) has for the first time issued a contract to a consortium of six private companies, led by Alpha Design Technologies, New Tech Solutions, to manufacture two remote-sensing satellites.
Mobile and Digital Banking induction campaign for youth
Mr Vijay Goel, Minister of State with Independent Charge for Youth Affairs and Sports, has launched a Mobile and Digital Banking induction campaign for youth, in order to promote the benefits of online banking and boosts the methods of cashless transactions with the help of youngsters, thereby promoting Digital Economy initiative of the government.
Demonetisation, GST roll-out will help Indian economy in the long run: S&P
Global rating agency Standard & Poor's (S&P) has stated that Indian government reforms like Goods and Services Tax (GST) and demonetisation, which are likely to have a higher disruptive impact in the short term, will be beneficial for the Indian economy in the long run.
7378 million units of Electricity, Rs. 4866 crore saved through energy efficiency measures in 2015-16
Several industries and other entities have collectively invested Rs 5,111 crore (US$ 756 million) in energy conservation measures and have saved 7,378 million units of electricity as well as achieved monetary savings of Rs 4,866 crore (US$ 720 million) in 2015-16.
Cabinet approves Indian Space Research Organisation (ISRO) and United States Geological Survey (USGS) for cooperation in the Exchange and use of U.S. Land Remote Sensing Satellite Data
The Union Cabinet has approved the Memorandum of Understanding (MoU), which was signed between United States Geological Survey (USGS) and Indian Space Research Organisation (ISRO) on July 9, 2016, which will enable ISRO to receive USGS's Landsat-7 & 8 in India and USGS to receive ISRO’s Resourcesat-2 (AWiFS and LISS III) data of US region.
Cabinet approves replacement of ‘Major Port Trusts Act, 1963’ with ‘the Major Port Trust Authorities Bill, 2016’
The Union Cabinet has approved the proposal of Ministry of Shipping to replace the 'Major Port Trusts Act, 1963' by the 'Major Port Authorities Bill, 2016', which will empower major ports to perform with greater efficiency by having full autonomy in decision making and by modernising the institutional structure of major ports.
99% Indian households are covered by a bank account
At least one member in 99 per cent of households in both urban and rural India had a bank account as of July 2016, as per Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey).
NITI Aayog announces launch of the schemes - Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana - for incentivising digital payment
NITI Aayog has announced launch of two schemes for incentivising digital payments, Lucky Grahak Yojana for consumers and Digi-Dhan Vyapar Yojana for merchants, under which consumers and merchants will be eligible to win daily and weekly cash awards between Rs 1,000 ( ~US$ 15) to Rs 1 lakh (US$ 1,475) from December 25, 2016, leading up to a mega prizes of up to Rs 1 crore (US$ 147,494) to be announced by draw on April 14, 2017.
India Signs Open Skies Agreement With Six Countries During ICAN 2016
During the International Civil Aviation Negotiations (ICAN) 2016 held in Nassau during December 5-9, India has signed Open Skies Agreement to encourage connectivity and passenger travel between India and Jamaica, Guyana, Czech Republic, Finland, Spain and Sri Lanka, apart from resolving other issues such as greater traffic rights, new service agreements and code sharing with several other countries.
At 22%, domestic air travel grows highest ever in Nov
Domestic air passenger traffic increased 22.4 per cent year-on-year in November, 2016 to reach 8.96 million, as per Mr P. Ashok Gajapathi Raju, Union Minister for Civil Aviation.
Indian social enterprises have huge potential: British Council report
As per a study ‘Social Value Economy’ of 250 social enterprises by the British Council along with Ennovent Pvt Ltd and Aspen Network of Development Entrepreneurs, 53 per cent of such enterprises in India are focussed on skill development, followed by 30 per cent on education, while also indicating the higher level of inclusiveness and youth leadership in comparison to mainstream businesses.
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