ArdorComm Media Group

Tuesday, December 2, 2025 3:57 PM

Governance Community

Govt. appoints Ratan Tata and 2 others as Trustees of PM CARES Fund

In a meeting where it was noted that the initiative has a larger vision on successfully responding to emergency and distress circumstances, Prime Minister Narendra Modi praised the people for contributing wholeheartedly to the PM CARES Fund, according to his office on Wednesday. Tuesday’s meeting of the Board of Trustees of the PM CARES Fund was presided over by Prime Minister Modi, and during it, a presentation on the different initiatives carried out with the aid of the PM CARES Fund, including the PM CARES for Children scheme, which is assisting 4,345 children, was presented. At a time when the nation needed the fund most, the trustees recognised its importance. According to the statement, Prime Minister Modi expressed gratitude to the nation’s citizens for their kind donations to the PM CARES Fund. It was mentioned that PM CARES has a larger vision for effectively responding to emergency and distress situations, not only by providing relief assistance but also by taking precautions against them and building capacity. The PM welcomed the trustees as an integral part of the PM CARES Fund. PM CARES Fund trustees Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman both attended the meeting. In addition, newly appointed trustees of the PM CARES Fund Ratan Tata, Chairman Emeritus of Tata Sons, Justice K T Thomas, a former Supreme Court justice, and Kariya Munda, a former deputy speaker, were present. The trust also chose to propose Anand Shah, a co-founder of Teach for India and a former CEO of Indicorps and Piramal Foundation, Rajiv Mehrishi, the former Comptroller and Auditor General of India, Sudha Murty, the former Chairperson of the Infosys Foundation, and others for the position of members of the PM CARES Fund’s advisory board. According to the statement, Prime Minister Modi stated that the addition of new trustees and advisors will provide the PM CARES Fund’s operations broader perspectives. Source: PTI    

Govt. appoints Ratan Tata and 2 others as Trustees of PM CARES Fund Read More »

PM launches the National Logistics Policy

Prime Minister Narendra Modi launched the National Logistics Policy to address difficulties in the transportation sector in an effort to develop the logistics sector. Through a comprehensive multidisciplinary, cross-sectoral, and multi-jurisdictional architecture supported by a strong technological foundation, there will be a seamless interoperability. He stated that the policy intends to speed up last-mile deliveries, helping businesses save time and money, at a big launch event in Vigyan Bhavan. It aims to address issues affecting the transport industry and reduce company logistics costs from 13–14% to under 10%. The new strategy, in conjunction with PM GatiShakti’s aim to augment infrastructure, will solve deficiencies, according to him. It tackles issues facing the logistics sector. India needs to improve its support infrastructure if it wants its products to succeed on international markets. The modernization of the support system is aided by the National Logistics Policy. According to PM Modi, international experts believe that India is becoming a democratic superpower and are astounded by its remarkable talent ecosystem. “Experts are appreciating India’s determination and progress.”  He claimed that the government is bolstering the logistics industry through technology. E-way bills and FASTag are improving efficiency in the logistics industry, and faceless assessment has begun in customs. He stated that drones will enhance the logistics industry when discussing the drone policy. He claimed that the government is strengthening the logistics sector through technology. Customs has begun using faceless assessment, and the logistics industry is becoming more efficient due to e-way bills and FASTag. He added that ports now have a higher carrying capacity and that the turnaround time for container vessels has been shortened from 44 hours to 26 hours. According to him, the Sagarmala project has begun to strengthen logistics connectivity and methodical infrastructure development work by connecting ports and designated freight corridors.

PM launches the National Logistics Policy Read More »

Centre plans $2.5 billion compensation to oil companies to cover huge quarterly losses: Report

The government intends to partially compensate state-owned oil marketing corporations (OMCs) including Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation with a $2.5 billion payment, according to a Bloomberg report, in order to cover their significant quarterly losses. The OMCs suffered losses as a result of having to absorb fluctuations in global petroleum prices, but the report, citing unnamed sources, claimed that the Finance Ministry only consented to a $2.5 billion cash settlement, despite the Petroleum Ministry having requested a much higher sum. According to the Bloomberg report, the partial payout to OMCs has also been designed to control cooking gas prices. It went on to say, citing sources, that although a decision has not yet been made, conversations about compensation payout are already advanced. Despite the government’s attempts to lessen their financial hardship, the Bloomberg report claimed that these initiatives will increase pressure on the exchequer, which is already under pressure from excise duty reductions on fuel prices and a greater fertiliser subsidy, to combat inflation. Over 85% of the oil used by the OMCs is imported, and they benchmark the fuels they produce to market rates. Their losses resulted from those going up after a worldwide demand recovery combined with decreased US gasoline production capacity and fewer exports from Russia, according to the report. Source: Bloomberg

Centre plans $2.5 billion compensation to oil companies to cover huge quarterly losses: Report Read More »

Govt to eliminate price certification for purchases up to Rs. 1 lakh and introduce push button procurement system on GeM

The Center has decided to test push button procurement (PBP) for purchases up to Rs. 1 lakh through the Government eMarketplace (GeM) for government entities, offices, and PSUs. PBP will rely on technology to determine valuation and eliminate the need for certification, relieving pressure on government departments, particularly infrequent customers who frequently make small value purchases. Government buyers must certify that the selected offer’s pricing is appropriate. “It has come to the notice that sometimes especially infrequent government buyers find it difficult to certify reasonability of rates. They normally do not possess requisite skills in making procurement decisions. It delays the procurement process,” according to the Department of Expenditure. Government purchases made through GeM up to Rs 1 lakh are exempt from price certification. The Center has agreed to test push button procurement (PBP) for purchases up to Rs. 1 lakh through the Government e-Marketplace for governmental bodies, offices, and PSUs.

Govt to eliminate price certification for purchases up to Rs. 1 lakh and introduce push button procurement system on GeM Read More »

Rajasthan approves an EV Purchase Grant of Rs. 40 crores

A new electric vehicle policy that offers financial advantages to EV owners in the state has been enacted by the Rajasthan government. The government has granted a total contribution of Rs 40 crore towards the purchase of electric vehicles under the new Rajasthan Electric Vehicle Policy (REVP). The five-year-long policy’s objective is to promote the use of electric vehicles throughout the state. The pollution that diesel and petrol vehicles produce in the state will decrease as the number of electric vehicles rises. The policy was unveiled by Chief Minister Ashok Gehlot in the 2019–20 budget. Later, in May of this year, the draft policy was approved. The government agreed to the suggested one-time payment for the purchase of electric vehicles as well as an additional budgetary provision of Rs 40 crore for the reimbursement of State Goods and Services Tax (SGST). For two-wheelers, the state government would pay compensation in the range of Rs 5,000 to Rs 10,000 for SGST. Depending on the vehicle’s battery capacity, a reimbursement of Rs 10,000 to Rs 20,000 will be given for the purchase of three-wheelers. A sum of Rs 40 crore has also been given to the transport department to settle any outstanding grants for the purchase of electric vehicles. A grant of Rs 5 crore from the total amount of Rs 40 crore will shortly be given to 3,000 vehicle owners in the state who bought their automobiles during the current fiscal year.

Rajasthan approves an EV Purchase Grant of Rs. 40 crores Read More »

Government to achieve $300 billion in electronic production by 2026

Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, stated that the government is committed to boosting domestic manufacturing to make India more robust to supply chain disruptions in order to meet the aim of $300 billion in electronic production by 2026. He added that it is very timely and will assist the government in determining the obstacles to be addressed and the approaches to take in order to meet this goal. He stated that the goal of the government is to become a reliable and trusted partner in global value chains. According to the minister, India has been successful in methodically constructing a structure and plan that clearly define the objectives of a $300 billion electronics manufacturing ecosystem with $120 billion in exports by 2026. He claimed that this report’s description of the government’s strategy for the upcoming years is both very significant and fascinating. Chandrasekhar went on to say that the analysis implies that in order for India to compete in the electronics manufacturing industry, it will need to export aggressively.

Government to achieve $300 billion in electronic production by 2026 Read More »

Justice UU Lalit, the 49th Chief Justice of India, takes the oath of office

Justice Uday Umesh Lalit was sworn in as the 49th Chief Justice of India on Saturday, one day after Justice NV Ramana announced his retirement. Justice Lalit was sworn in as Chief Justice of India by President Droupadi Murmu in the early hours of the day at Rashtrapati Bhavan. Justice NV Ramana, who retired on August 26, is succeeded by him. As per tradition and seniority rules, Justice Ramana had recommended Justice Lalit as his replacement. Justice Lalit’s appointment as the next CJI was subsequently confirmed by the President. As the head of India’s judiciary, Justice Lalit will hold office for just 74 days, leaving on November 8. At Justice Ramana’s farewell celebration yesterday, Justice Lalit stated that during his roughly three-month term, he will concentrate on three main areas, with the making of listing of cases simple, clear and as transparent as possible being one of his top priorities. In addition, Justice Lalit has vowed to uphold a transparent structure that allows any urgent issues to be raised openly before the appropriate benches of the top court. He pledged that the Supreme Court would have at least one Constitution Bench operating throughout the year. Justice Lalit said, “I have always believed that the role of the Supreme Court is to lay down law with clarity, consistency, and the best possible way to do it is to have larger benches as early as possible, wherever the matters are referred to such benches so that the issues get clarified immediately, the matter has consistency and the people are well aware of what exactly are the contours of the peculiar positions in law.” On his last day of work, outgoing CJI Ramana apologised for not being able to name every case that was still pending and stated that the court had been dealing with a backlog of cases that had significantly risen during the months prior. Justice Lalit was a well-known senior advocate before being chosen to serve as a Supreme Court justice. He was selected to serve as a Supreme Court justice on August 13, 2014. Justice Lalit will be the second Chief Justice of India to be elevated from the Supreme Court bench straight from the bar. Justice SM Sikri, who became the 13th Chief Justice of India in January 1971, was the first lawyer to be promoted directly to the top court bench. On November 9, 1957, in Solapur, Maharashtra, Justice Lalit was born. His father, UR Lalit, served as a prominent Supreme Court advocate as well as an additional judge at the Bombay High Court’s Nagpur bench. In June 1983, Justice Lalit applied to become an advocate. From 1983 to 1985, he worked as a criminal law specialist in the Bombay High Court. In January 1986, he shifted his practise to Delhi, and the Supreme Court designated him a senior advocate in April 2004. Later, he was chosen by the CBI to serve as a special public prosecutor for the case involving the allotment of 2G spectrum. On November 8, Justice Lalit will retire, and it is anticipated that Justice DY Chandrachud will be named the 50th Chief Justice of India. Source: ANI

Justice UU Lalit, the 49th Chief Justice of India, takes the oath of office Read More »

Government extends the Ayushman Bharat health scheme to include trans people

The Ayushman Bharat-PMJAY will now provide comprehensive healthcare services to trans individuals. Mansukh Mandaviya, the Union Minister for Health, stated on Wednesday that the action will guarantee transgender persons a “rightful and respectable” status. According to Mandaviya, an MoU that will make this possible will enable all healthcare benefits to be provided to transgender people nationwide who possess a transgender certificate from the National Portal for Transgender Persons. “We have the registry. This is to give the members of the community the respect they deserve,” he added. He added that a comprehensive package, including the existing AB PM-JAY packages as well as particular packages like Sex Reassignment Surgery (SRS) and treatment for transgenders, is being prepared for the transgender category. He also added that individual members will be treated as “family” to qualify for the Rs 5 lakh cover under the scheme. The ministry has also chosen to issue unified Ayushman cards that will feature both the centre and state logos. According to the minister, this will benefit both the beneficiaries and the States. Few States, including Tamil Nadu and Telangana, have not yet endorsed this concept, according to ministry officials.

Government extends the Ayushman Bharat health scheme to include trans people Read More »

Cabinet approves to make the Traditional Knowledge Digital Library database more widely accessible

The Traditional Knowledge Digital Library (TKDL) database will now be accessible to users and patent offices, enabling more R&D and innovation based on India’s cultural legacy. This move has been approved by the cabinet. Bharatiya Gnana Parampara is anticipated to be incorporated into the endeavour to expand the TKDL under the auspices of the New Education Policy (NEP) 2020. The TKDL database will only be accessible with a paid subscription. According to a statement from the cabinet, “Indian traditional knowledge (TK) offers immense potential to serve national and global needs, therewith providing societal benefits as well as economic growth.” The TKDL will be a significant repository for Indian traditional knowledge that will advance the boundaries of knowledge and technology, according to the cabinet led by Prime Minister Narendra Modi. Ayurveda, Siddha, Unani, Sowa Rigpa, and Yoga are some of the Indian traditional treatments that the TKDL content now seeks to promote. It also attempts to encourage new manufacturers and innovators to contribute to India’s knowledge base. According to the cabinet, TKDL will provide services for organisations, corporations, personal care products, academic and research institutes, and others. The cabinet also disclosed that the TKDL database will eventually include more data on Indian traditional knowledge from other fields. According to the cabinet, the TKDL database will put an emphasis on creativity, practical solutions, and technology in addition to its primary goal, which is to stop the wrong patents on Indian traditional knowledge from being granted.

Cabinet approves to make the Traditional Knowledge Digital Library database more widely accessible Read More »

IRDAI organizes a hackathon and invites innovative tech solutions for the insurance sector

To safeguard policyholder interests, the insurance industry’s regulatory body, IRDAI, has issued an invitation to companies to provide technologically advanced new solutions for automated death claim settlement, reducing miss-selling, and other components of the insurance ecosystem. The Insurance Regulatory and Development Authority of India (IRDAI) is accepting applications for Bima Manthan 2022, its first hackathon, with the topic “Innovation in Insurance.” The regulator stated in a statement that the hackathon “invites participants to explore and develop ideas that have the potential to make insurance available to every individual in a seamless and quick way with the use of technology and protecting the interests of the policyholders. In order to stop the miss-selling of insurance products, IRDAI has looked for creative ideas and tech-based solutions for automating death claim settlement. The regulator is also seeking technologically enabled solutions to identify uninsured motor vehicles, assure the issuing of necessary motor third party insurance, and technology-based distribution of insurance products, including microinsurance in “difficult terrains and less penetrable areas.” Another area chosen for Bima Manthan 2022 is the use of technology to reduce or prevent fraud in motor insurance. Participants in Bima Manthan 2022 will get the chance to showcase their creative solutions in front of a distinguished jury and compete for enticing rewards, according to IRDAI. In addition, Bima Manthan offers the winner the chance to work with an insurer (or insurers) on the winning project/platform, demo-day in front of insurers/intermediaries and other stakeholders, or direct entry into the IRDAI Regulatory Sandbox regime. The regulator said that registration for the hackathon begins on Tuesday.

IRDAI organizes a hackathon and invites innovative tech solutions for the insurance sector Read More »