August, 2016

Jharkhand becomes first state to implement PFMS

Jharkhand is the first state in the country to have implemented Public Fund Management System (PFMS). Development Commissioner Amit Khare said Union Finance Secretary Ashok Lavasa appreciated the implementation of Jharkhand’s public fund management system.

Anuradha Rao is MD, CEO of SBI Mutual Fund

SBI Mutual Fund has appointed Anuradha Rao as its Managing Director and Chief Executive. Prior to this, Rao was Deputy Managing Director at SBI handling New Business Portfolio.

100-year-old athlete from India, wins Gold Medal at Masters Games

India’s 100-year-old athlete, Man Kaur has won Gold medal at the American Masters Games in the 100-meter dash. She took a minute-and-a-half to cross the finish line in Vancouver. Kaur from Chandigarh was the only female competitor in her age category at the competition for older athletes.

Goa govt signs MoU with Google India

The Goa government has signed a memorandum of understanding with Google India to promote digital literacy and drive the digital transformation in the state. Chief Minister Laxmikant Parsekar and Vice President, Google South East Asia and India Rajan Anandan signed the MoU.

Gujarat becomes first state to distribute 2 Cr. LED bulbs

Under the Government’s initiative of affordable LEDs for all (UJALA) scheme, Gujarat has become the 1st state to distribute 2 crore LED bulbs. Gujarat has reached this milestone in just 96 days and over 42 lakh households have already benefitted from the scheme.

Union Minister JP Nadda unveiled Mera Aspatal – My Hospital initiative

Union Health and Family Welfare Minister JP Nadda launched the ‘Mera Aspataal’ (my hospital) initiative. This move seeks to empower the patients by seeking their views on the quality of experience in a public healthcare facility.

Mobikwik joins hand with 12 state electricity boards

India’s largest digital payment company in India, MobiKwik has announced coalition with 12 state electricity boards. The MobiKwik took this initiative ahead of its expansion plan to set up a national base for utility payments.

PTC fin arm ties up with banks for clean energy project loans

Ptc India Financial Services (PFS) has tied up with banks that will provide loans to companies engaged in renewable energy (RE) production. Upon this collaboration these banks set to letter of credit (LC) based on the issue letter of comfort (LOC) issued by PFS, to project companies in the renewable space with diligence on certain parameters.

Govt panel clears 16 highway projects across 11 states

The Government has approved 16 highway projects in 11 states to be executed at a cost of 7,457 crore rupees. The projects are in Maharashtra, Odisha, West Bengal, Andhra Pradesh, Gujarat, Chhattisgarh, Haryana, Uttarakhand, Arunachal Pradesh, Assam and Sikkim.

First military heritage website launched

India’s first military heritage website, coloursofglory.org was launched by Glory Foundation at Chennai. A veteran of the 1971 Indo-Pak war, city based Captain D.P. Ramachandran who is also the executive trustee of the foundation declared the war heroes of South India held great significance to the history of India.