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Govt. launches MAARG portal for startup mentorship

The MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth) was established by Commerce and Industry Minister Piyush Goyal to promote mentorship between startups and entrepreneurs across industries, stages, and functions. Startups will be able to interact with mentors and discuss their mentorship requirements throughout the portal’s matchmaking phase. Additionally, the minister will announce the National …

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Budget Session of Parliament will begin on January 31

The budget session of Parliament will begin on January 31, 2023. It will run till April 6. There will be a break from February 14 to March 12. “Amid Amrit Kaal, looking forward to discussions on Motion of Thanks on the President’s Address, Union Budget & other items,” tweeted Union Minister Pralhad Joshi while announcing …

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India’s economy is now more transparent, according to Commerce Minister Piyush Goyal

According to Union Commerce Minister Piyush Goyal, India’s economy is now more transparent, and citizens are becoming accustomed to paying taxes. He said that recent tax revenues were very robust and that any reforms implemented by the government in the previous eight years, such as the good and services tax (GST), had a big influence …

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Mandatory verification for online gamers is being proposed by the Govt

In the recently released proposal of online gaming regulations, the government has suggested a self-regulatory framework, player verification requirements, and physical Indian addresses for online gaming companies. “Self-regulatory bodies will be registered with the ministry (Ministry of Electronics and Information Technology) and may register online games of such online gaming intermediaries who are its members …

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Gross budgetary allocation for Railways to go up by 29% in Budget

The Center is going to increase the gross budgetary allocation for Indian Railways by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support infrastructure development. The entire capital expenditure (capex) for the railway ministry is anticipated to increase 20% to Rs 3 trillion in FY24. The expenditure for FY23 was Rs …

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PM Modi’s mother, Heeraben Modi, passes away at the age of 100

Heeraben Modi, the mother of Prime Minister Narendra Modi, passed away in an Ahmedabad hospital today, December 30. When he announced her demise, Prime Minister Modi remarked that a glorious century rests at the feet of God. “In Maa I have always felt that trinity, which contains the journey of an ascetic, the symbol of a …

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RBI will begin using the DAKSH platform on January 1 to detect digital financial frauds

The RBI has announced to transfer the fraud reporting module to DAKSH, the Reserve Bank’s advanced digital supervisory monitoring system, as of January 1. This would introduce a new digital mechanism to check financial frauds while streamlining grievance redressal, reporting, improving efficiency, and automating the payments fraud management process. In March 2020, the RBI began …

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G20 Task Force of Finance and Health has begun work on India’s global health priorities for 2023

The joint finance and health task force formed under India’s G20 presidency began work on a new draft focused on New Delhi’s global health priorities for the next year. The task force’s first virtual meeting, conducted on Tuesday afternoon, was co-chaired by Italy and Indonesia, and was attended by health and finance representatives from G20 …

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Govt. plans to revive unserved and underserved airports, heliports, and water aerodromes by next year

The government aims to revive and develop 100 unserved and underserved airports, heliports, and water aerodromes by next year. This is part of a plan to operationalize 1,000 routes under the Ude Desh ka Aam Nagrik, UDAN, scheme. In response to a question in the Rajya Sabha, Civil Aviation Minister Jyotiraditya Scindia stated that the …

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Govt cautions against fake digital platforms imitating Jeevan Pramaan portal

Cautioning against fake online platforms impersonating the government’s Jeevan Pramaan portal, the PIB Fact Check, a government of India initiative to combat misinformation about government schemes and policies, has issued an alert regarding a jeevanpraman.online portal claiming to provide a life certificate for Rs 150 under the pretext of a registration fee. In a tweet, …

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