Kautilya

Major Road Projects Launched in Ladakh to be Constructed by BRO

On a landmark day for the Union Territory of Ladakh and its people, construction on 05 major road infrastructure development projects was launched by His Excellency the Governor of Ladakh Shri Radha Krishna Mathur, from Turtuk, the northernmost village of India. The ground breaking ceremony was also attended by the Chief Executive Councillor, Leh Mr TashiGyalson, MP Ladakh Mr Jamyang Tsering Namgyal, Defence Secretary Mr Ajay Kumar and Director General Border Roads Lt Gen Rajeev Chaudhry besides overwhelming villagers from nearby areas.

Over 5 Crore Tap Water Connections Provided Since Announcement of Jal Jeevan Mission

Jal Jeevan Mission was announced by Prime Minister Shri Narendra Modi on 15th August, 2019 to provide Functional Household Tap Connection (FHTC) to every home by 2024. In 2019, out of about 18.93 Crore households in rural areas, only 3.23 Crore (17%) had tap water connections. Thus, 15.70 Crore households are to be provided with tap water by 2024. In addition, functionality of all existing water supply systems and tap connections is also to be ensured. The programme directly benefits more than 19 Crore rural families, bridging rural – urban divide and improving public health. As on date, about 8.26 Crore (43%) rural households have tap water supply in their homes.

Senior Able Citizens for Re Employment in Dignity (SACRED) Portal

Many senior citizens having experience, time and energy can be used by the business enterprises looking for stable employees with experience. The Human resources cells of many private enterprises seek experienced but stable persons in certain positions. The portal allows bringing these people together by virtual matching of preferences.

ONGC Videsh Begins its Exploratory Drilling Campaign in Bangladesh

ONGC Videsh Limited, a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC), the National Oil Company of India, has spudded its first well Kanchan#1 in Block SS04, Bangladesh, on 29th September 2021 at Maheshkhali Island. This exploratory well is planned to be drilled to a depth of 4200 m and will be targeting two prospective formations. This well marks the beginning of exploratory drilling in Bangladesh by ONGC Videsh and will be followed by drilling at two more exploratory locations.

“At 87%, India has the Highest FinTech Adoption Rate in the World Against the Global Average of 64%”: Shri Piyush Goyal

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. Addressing the 2nd Global Fintech Fest-2021 through video conferencing today, he said, “At 87%, India has the highest FinTech adoption rate in the world against the global average of 64%.”

New Auto Debit Rules of RBI

On December 4, the RBI issued a directive to all banks, including RRBs, NBFCs, and payment gateways, stating that the processing of recurring transactions (domestic or cross-border) using cards, Prepaid Payment Instruments (PPIs), or the Unified Payments Interface (UPI) under non-AFA arrangements/practices would be discontinued after March 31, 2021.