Published on: December 29, 2021

SNIPPETS – 29 DECEMBER 2021

SNIPPETS – 29 DECEMBER 2021

  • Karnataka has designed a new technology platform that will not only allow online applications for welfare schemes, but also score citizens to determine who needs a benefit the most, a move that will come in handy when there are too many applicants. The platform is named Suvidha, functions directly under Chief Minister
  • In a move that will help thousands of families living in protected forest areas that are not declared as tiger reserves, the Forest Department of Karnataka has proposed to enhance the relocation package per family from Rs 10 lakh to Rs 15 lakh. As per the guidelines issued by the National Tiger Conservation Authority (NTCA), families choosing to move out of a core area can opt for a financial package or accept the rehabilitation arranged by the Forest department. This is to avoid Man-animal conflict
  • Governance department has partnered with the National Payments Corporation of India (NPCI) and State Bank of India (SBI) for enabling and implementing ‘e-RUPI’. E-RUPI is a electronic voucher based digital payment system “e-RUPI” developed by the National Payments Corporation of India (NPCI)
  • Success of PMEGP was discussed recently.The program was launched in 2008, aims at promoting self-employment through setting up of micro-enterprises, where subsidy up to 35% is provided by the Government through Ministry of MSME for loans up to ₹25 lakhs in manufacturing and ₹10 lakhs in the service sector.
  • Stock markets regulator SEBI recently approved a ceiling on the Initial Public Offering (IPO) proceeds to be used to make unspecified acquisitions. Initial Public Offering is a process by which a privately held company becomes a publicly-traded company by offering its shares to the public for the first time.
  • Defence Research and Development Organisation (DRDO) handed over technology for indigenous extreme cold weather clothing system (ECWS) to 05 Indian companies. It will be used for Indian army
  • Senior journalist Prem Shankar Jha and Reuters’ photojournalist Danish Siddiqui, who died while reporting in Afghanistan in July, will be awarded with the top two RedInk Awards by the Mumbai Press Club