Governance

e-RUPI is a cashless and contactless instrument for digital payment. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries. The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access, at the service provider. It has been developed by National Payments Corporation of India on its UPI platform, in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority.

Mr. Piyush Goyal while addressing the Plenary Session of CII- Horasis India Meeting 2021 on India’s Emerging Industry & Trade Architecture applauded the progress in the countrys startup arena as India has 15 more unicorns in the H1 2021. He stated that Indian startups are more than commercial success stories and they are key to India’s transformation.

Minister of State in the Ministry of Commerce and Industry, Mr. Som Parkash in a written reply to the Rajya Sabha reviewed the progress made in the country on account of the ‘Make in India’ movement that began in 2014. He highlighted that the development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first ‘Vocal for Local’ initiatives that exposed India’s manufacturing domain to the world. The sector has the potential to not only take economic growth to a higher trajectory but also to provide employment to a large pool of our young labour force.

Ministry of Skill Development and Entrepreneurship has launched the National Skill Development Mission (NSDM) to provide the overall institutional framework to rapidly implement and scale up the skill development efforts across India. NSDM envisages totrain a minimum of 300 million skilled people by the year 2022.