Panel on fintech submits a final report to FM Nirmala Sitharaman

Government of India has constituted a steering committee on fintech-related issues.The committee has submitted its report to the Ministry of Finance and Corporate Affairs. FinTech stands for financial technology and describes technologically enabled financial innovations.It is applied in financial services to help companies manage the financial aspects of their business including new software and applications,… Continue reading Panel on fintech submits a final report to FM Nirmala Sitharaman

Committee to review Defence Procurement Procedure

Defence minister has approved the setting up of a Committee to review the Defence Procurement Procedure(DPP). The objective of the committee is to hasten the acquisition of weapons and defence systems and provide impetus to the Make in India initiative to cut down reliance on imported weapons. The Committee has been setup under the Chairmanship… Continue reading Committee to review Defence Procurement Procedure

High-level committee formed to strategise preparations for 2020, 2024 Olympics

Government has constituted a high-level 10-member Committee under the Chairmanship of Sports Minister Kiren Rijiju to coordinate and strategise the preparation for the 2020 and 2024 Olympics. The objective of the committee is to ensure that the performance of the Indian athletes is optimised in the Olympics and other multidisciplinary events. The aim of the… Continue reading High-level committee formed to strategise preparations for 2020, 2024 Olympics