According to NITI Aayog CEO Amitabh Kant, the logistics cost is lowered down by leveraging the Unified Logistics Interface Platform (ULIP). The logistic cost is currently at 13-14% of GDP. Highlights It may be brought down by bringing all mode of transportation under single window by connecting all logistics stakeholders from ministries, enterprises and associations. ULIP are a serious game changer for Indian logistics landscape by assisting just-in-time inventory management, identification of cheaper logistic modes eliminating tedious documentation process, cargo movement monitoring, and improving international competitiveness. National Logistics Portal (NLP) is prepared to be integrated with ULIP, so as to form the multi-modal logistics ecosystem more efficient. Backgrou
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Co-founder and decision maker of BharatPe, Ashneer Grover, resigned from company, days after BharatPe terminated the services of his wife and head of controls, Madhuri Jain Grover, over alleged financial irregularities. Highlights Following the resignation of Ashneer Grover, company noted to reserves the proper to require action on the idea of report findings. Ashneer Grover resigned, after he received the agenda for upcoming meeting that included submission of PWC report on his conduct and considering actions supported it. BharatPe has been conducting a governance review. it's roped in risk advisory firm Alvarez and Marsal, business firm PwC and house Shardul Amarchand Mangaldas and Co, in a very bid to probe alleged funds misappropriation and company governance issues un...
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Union minister of finance Nirmala Sitharaman will launch the electronic bill (e-Bill) processing system under the Digital India eco-system and easy doing business. This e-governance initiative was announced within the Budget 2022-23 by Sitharaman. Across all departments and central ministries, the e- Bill system is implemented. Implementing this technique will help in enhancing efficiency, transparency, and a paperless-faceless payment system. Through this technique, contractors and suppliers can submit their claims online and it'll be trackable on a real-time basis. The launch of this electronic bill (e-Bill) processing system will happen in the capital of India as a part of the 46th Civil Accounts Day celebrations. About Electronic Billing Electronic billing also refe...
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Countless Indian students trapped in firing by Russia's attack on Ukraine. Amidst the growing military crisis, many people trapped in Ukraine went there to get a medical education. While India's efforts to evacuate its citizens from the war zone continue in full swing under the government mission 'Operation Ganga', an important observation that has emerged is that. According to the Ministry of Education and Science in Ukraine, Ukraine has more than 18,095 students from India stuck in Ukraine. Pawan, a medical student, has been in Ukraine since December 2020. Earlier speaking to TOI over the phone, and on a Facebook chat late on Thursday evening, Pawan shared the ground reality of the city and requested the authorities to expedite the rescue process somehow. According to him, a...
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Keen On Rolling Out Aadhaar Cards For Sex Workers: UIDAI To SC
The Unique Identification Authority of India (UIDAI) has informed the Supreme Court that it is keen to give out Aadhaar Cards to sex workers. They need to have a certificate from the health department of states or from the National AIDS Control Organisation (NACO). UIDAI said that no residence proof or identity proof will be mandatory for such sex workers. The bench of Justices L Nageswara Rao and B R Gavai was hearing the petition on the lack of food security for sex workers across the nation, especially during the pandemic. Representing the UIDAI, advocate Zoheb Hossain informed that certain sections of society even though not having any identification did not lack any access to the basic right of food and other facilities. Court's Observations The Supreme Court inquired...
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“India-Nepal Agrees On Signing A Hydro-Power Project”-Know Some Facts…
On February 24, 2022, India and Nepal agreed to line up a joint task force on a “proposal to construct a hydropower project” from investments of both countries. The task force as decided will have maximum of three members from both sides. The agreement was signed at the 9th meeting of the Nepal-India Energy Secretary-Level Joint committee in Kathmandu. The meeting was co-chaired by Secretary of the Energy Ministry of India Alok Kumar and Secretary of Energy Ministry Debendra Karki from What issues were discussed during the meeting? During the meeting, either side discussed issues like Existing transmission lines between the 2 countries Under-construction and proposed interstate conductor Arun III hydropower and conductor and Interstate power trade. They also agreed to exte...
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Centre Announces Formation Of MSME Technology Centre In Maharashtra
The Union minister of MSME Narayan Rane has announced the formation of the MSME Technology Centre at Sindhudurg, Maharashtra. This can be established at a value worth Rs 200 crore. The Konbac Sfurti Cluster in Kudal was also launched. this may support 500 honey bee boxes, 300 artisans. 100 electric pottery wheels and 100 incense stick production machines were also distributed to supply opportunities for self-employment. Rupay Card was also launched which offers perks like digital payments at any time, a rate that's similar to that applicable to loans, and an interest-free period. Importance Of MSME-Technology Centre Through the MSME-Technology Centre the most effective technology, incubation, and advisory support are provided to the industry, especially MSMEs. ...
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Centre Unveils 3D Manufacturing Policy; Aims To Reach 500 Units by 2025
The ministry of electronics and information technology (MeitY) has unveiled the National Strategy for Additive Manufacturing Policy. The coverage goals are to grow India’s proportion in international additive production to 5% within the subsequent 3 years and upload USD 1 billion to the gross home product. Further, its goals are to broaden 50 India precise technology for material, gadgets and software programs, one hundred new startups for additive production, 500 new merchandise and teach a minimum of 1 lakh new professional people. The policy postulates the tenets of ‘Make in India’ and ‘Atmanirbhar Bharat Abhiyan’ that endorse self-reliance via the technological transformation of the manufacturing paradigm. 3-D printing is likewise called additive pr...
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ISRO’s Chandrayaan-2 Captures Massive Solar Proton Events; Missed By Most Global Satellites
ISRO's Chandrayaan-2 has recently been able to detect massive solar events that were missed by most of the global satellites. Even NASA's Geostationary Operational Environmental Satellite (GOES) could not detect the event. The reason is GOES orbit around the earth and cannot detect the event due to the its magnetic force. As the earth's magnetic field works in protecting the planet from harmful solar events. But Chandrayaan-2 is orbiting around the Moon because for this reason the event was captured successfully by it. Chandrayaan-2 orbiters detected two M class solar flares - M5.5 and M 1.5. Solar Proton Event: Details Solar proton events are one of the dynamic movements happening in the Sun's atmosphere. At present, multiple global programmes are going on in space to study the Sun'...
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Tirumala Temple To Display Replica Of Sri Venkateswara Swamy In Its Craft Expo
The Tirumala Temple trust has determined to show the craft in the expo gallery in the course of the following Brahmotsavams at Tirumala this year. The Tirumala Tirupati Devasthanams (TTD), the unbiased trust which manages the hill temples of Lord Venkateswara atop Tirumala hills in Tirupati, Andhra Pradesh, preferred the inventive expertise of a junior college scholar for his extra-curricular talent of creating artwork out of waste. M Omkar, son of M Madhusudhan, from Kadiri of Anantapur district, has had a ardour for drawing and crafts on account that his childhood. After his university hours, he used to make crafts out of antique newspapers and mastered this artwork on his own. He currently finished making a reproduction of Sri Venkateswara Swamy with waste paper and gave it a stu...
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A woman trainee pilot died after her two-seater Cessna-152 crashed into a field in Nalgonda district in Telangana. According to locals, the aircraft broke into pieces after it nosedived into the field. The district superintendent of police Rema Rajeshwari said the trainee pilot took off her Cessna 152 aeroplane at around 10.30 a.m. from the Academy’s operations institute placed at the proper financial institution facet of Nagarjunasagar reservoir, bordering Nalgonda, in Guntur district of Andhra Pradesh. Preliminary reviews and eyewitness accounts, she stated, confirmed that the two-seater plane which she was driving alone, crashed withinside the barren lands close to Thungathurthy village at around 10.50 a.m. The motives for the crash aren't recognised yet. Eyewitnesses, which inclu
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Wearing Masks Inside 4-Wheelers No Longer Compulsory: Delhi Disaster Management Authority
Wearing masks will now no longer be obligatory for people in Delhi touring in personal four-wheelers, the Delhi authorities notified on Saturday. This new rule has been in the works from Monday while all Covid curbs may be lifted. DDMA has removed the penal provision after analyzing all of the applicable statistics associated with the problem of wearing a mask inside a personal four-wheeler. "This provision will now no longer be relevant to men and women touring collectively in personal four-wheeler car from 28.02.2022," the order stated. During the height of the pandemic, the authorities had made the wearing of masks obligatory for passengers in a personal automobiles as they come beneath the definition of a public vicinity. The restriction has been calmed down early this mo...
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