20.11.21

Military exercise in border areas of Rajasthan, Gujarat

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The Southern Command of the Indian Army launched tactical military exercise Dakshin Shakti in the border areas ofRajasthanandGujaraton Saturday after a gap of almost two years.

The objective of the exercise is to validate the battle readiness and operational effectiveness of troops of the command in the southern sector, which covers about 41 % of the countrys landmass.

Conventional as well as modern military tactics will be on display during the five-day-long exercise.

A key focus of the exercise will be on the exploitation of new and indigenous technologies such as Advanced Light Helicopter (ALH) Dhruv, with the integrated weapon system, swarm drones, and -driven systems providing cohesive intelligence and surveillance.

The Reserve Bank of India has approved NSDL e-Governance as an Account Aggregator.

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As an account aggregator, the Reserve Bank Of India (RBI) has certified the ” e-Governance Infrastructure.”

Highlights:

The NSDL e-Governance Infrastructure is a provider of IT-enabled Services.

It received RBI’s in-principle clearance to start an account aggregator business through NSDL e-Governance Account Aggregator Ltd, a fully owned subsidiary.

Account Aggregator (AA) model The Account Aggregator (AA) model, with its unique architecture for Consent-based data exchange, has the potential to alter the way financial services are delivered.

It’s a financial data-sharing system that has the potential to transform investing and lending.

The Account Aggregator is a key component in enabling data Democracy. It’s a first-of-its-kind permission system designed to give people control over their data.

After A Year Of Protests, Three Farm Laws Were Repealed

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In his address on November 19, 2021, Prime Minister Narendra Modi said that the federal government will abolish all three Agriculture-notes-for-state-psc-exams”>Agriculture laws.

Highlights:

Farmers who are protesting were also asked to return to their houses.

Farmers around the country began protesting the agricultural rules a year ago, and the decision to abolish them was made one year later.

These laws will be repealed during Parliament’s Winter Session.

Farmers’ main fear was that these regulations would eliminate the Minium Support Price (MSP), which is guaranteed by the government on certain crops.

Farmers will soon be at the mercy of large corporations.

In India, the majority of farmers are small-scale farmers, according to the Prime Minister.

To assist these farmers, the central government uses a multi-faceted approach that includes everything from seed technology to crop Insurance plans.

The three farm bills were introduced to help small farmers by empowering and strengthening them.

The government, on the other hand, was unable to persuade a group of farmers who were protesting. The laws were repealed in Light of this.

Narayan Rane, Union Minister for MSME Launched Special Credit Linked Capital Subsidy Scheme (SCLCSS)

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On the second day of the MSME North East Conclave, Union Minister for MSME Narayan Rane announced the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the Services-sector”>services sector.

Highlights:

Senior authorities from the Ministry of MSME in Guwahati were also in attendance.

The scheme would assist companies in the services sector in meeting their technology-related requirements by providing a 25% capital subsidy for the purchase of plant and machinery, as well as service equipment, through institutional credit to SC-ST MSEs without any sector-specific limits on technology upgradation.

The Minister also congratulated North-eastern SC/ST entrepreneurs and encouraged young people to pursue in order to become EMPLOYMENT creators rather than job seekers. Shri Rane promised the youngsters that the Ministry of MSME will leave no stone unturned in their quest to become successful entrepreneurs.