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Skill gap and skill development will be monitored on 26 indicators in G20 countries, standards will be set at international level.

 Skill development was a major topic among the topics agreed upon between the two countries in the G20 summit.  26 indicators have been agreed upon to measure the skills gap and monitor skills development globally.  The growing problem of skills and development of skilled workers was seriously discussed in all the meetings of the Working Groups on Education and Labor during the G20 Summit.

Among the points agreed upon between these countries during the G-20 summit, skill development is one of the major issues.

 The joint declaration contains the findings, and all member states have also agreed to a formula for continuous monitoring and testing to ensure that these declarations are implemented.  26 indicators have been agreed upon to measure the skills gap and monitor skills development globally.

There was serious discussion on skill development in the summit.

 During the G-20 Summit, various meetings of the working groups on education and labor focused on the growing challenge of skill development and skilled workers.

This is the reason why it was included prominently in the joint manifesto.  All countries agreed on an agenda to address skill gaps, encourage good planning and efforts, as well as ensure inclusive social protection policies.

 Standards will be set at international level

 After the discussion, it was also emphasized that standards should be set at the international level by classifying skills, qualification requirements and occupations.  Only if there is global recognition of these standards, the points of the manifesto can be implemented on the ground and their monitoring is possible.

Database will be prepared for jobs

 Apart from this, all countries will prepare national statistical data.  At the same time, a jobs database will be created to link G-20 countries in common efforts.  The International Labor Organization (ILO) and the Organization for Economic Co-operation and Development (OECD) will be expanded for this work.

Sources in the Ministry of Skill Development and Entrepreneurship said that ILO and OECD have proposed 12 basic and 14 extended indicators to monitor and measure the global skills gap.  G-20 countries have also agreed on these indicators.

 At the same time, ILO and OECD have taken up the responsibility of monitoring the skill gap in G-20 member countries and intervening to measure the gap based on these indicators.

For more information visit at https://happenrecently.com/zepto/?amp=1

China, USA, and UAE all left behind, Russia became India’s second largest import source during April-August

 India’s imports from Russia almost doubled to $25.69 billion during the April to August period of the current financial year due to increase in crude oil and fertilizer shipments, according to Commerce Ministry data released today.  Russia has become India’s second largest source of imports in the first five months.  Read the complete news.

Due to the war between Russia and Ukraine, the whole world was not taking crude oil .  As a result, offered crude oil to its friendly country India at cheaper prices, which India also agreed to.

 As a result, India’s imports from almost doubled to US$25.69 billion during the April-August period in the current financial year due to rising shipments of crude oil and fertilizers, according to Commerce Ministry data released today.

Russia second largest import source

 Russia has become India’s second largest import source during the first five months of this financial year.  A year ago, i.e. during April-August 2022, imports from Russia were US $ 13.77 billion.

market share increased by more than 40 percent

 Before the start of the Russia-Ukraine war, Russia’s market share in India’s imports was less than 1 percent, which increased to more than 40 percent in the form of oil imports after the war.  India is the world’s third largest importer of crude oil after China and America.

India’s imports from these countries decreased

 According to the ministry data, imports from China declined to US $ 42 billion in the last five months (April-August), from US $ 43.96 billion in the same period last year.

 Apart from this, imports from the US declined from US$ 21.86 billion to US$ 18 billion in April-August 2022.

Imports from the UAE also declined to US$17 billion during April-August 2023, from US$22.32 billion a year ago.

India’s merchandise exports decreased with these countries

 India’s merchandise exports with US, UAE, China, Singapore, Germany, Bangladesh during April-August

 There has been a decline.  However, there has been an increase in merchandise exports to the UK, Netherlands and Saudi Arabia.

For more information visit at https://happenrecently.com/zepto/?amp=1

The Finance Ministry rejected the criticism of showing increased GDP.

Finance Ministry

 Govt dismisses criticism regarding inflated GDP The Finance Ministry said that critics should also look at other data such as PMI, bank credit growth, increased capital expenditure and consumption patterns.  India’s GDP growth rate was 7.8 percent in the first quarter of the financial year 2023-24.  This is according to the income and production approach.  

The criticism of showing increased GDP by the Finance Ministry has been rejected outright.  It was also said that the Income Side Approach, which has been in practice by the government for a long time, has been used to calculate economic development.

 Apart from this, the Finance Ministry said that critics should also look at other data like PMI, bank credit growth, increased capital expenditure and consumption patterns.  At the same time, he said that after the data of the first quarter came out, many international agencies have revised their GDP estimates.

India’s GDP growth forecast

 India’s GDP growth rate was 7.8 percent in the first quarter of fiscal year 2023-24.  This is according to the income and production approach.  At the same time, it comes less with the expenditure approach.  For this, balancing data – Statistical Discrepancy is added.  Anomaly is positive and negative.

 It was further written by the Ministry that the statistical discrepancy was negative in FY 23 and FY 22.  According to the expenditure approach, this is higher than the growth rate of 7.2 per cent reported in FY23 and the growth rate of 9.1 per cent reported in FY22.

Arvind Subramanian wrote the article

 India’s former Chief Economic Advisor Arvind Subramanian argued in an article that India’s GDP is measured from the expenditure approach rather than the production approach.

 At the same time, an earlier allegation by the Congress was that the real GDP numbers are being inflated, as these GDP growth rates do not accurately reflect the impact of inflation.

For more information visit at https://happenrecently.com/zepto/?amp=1

PM Modi will launch PM Vishwakarma Yojana tomorrow, know how to apply

 PM Vishwakarma Yojana 2023 The central government had announced the Vishwakarma Yojana in the budget session of the financial year 2023-24.  This scheme was also announced by PM Modi on Independence Day this year.  The government will spend Rs 13000 crore in this scheme.  Advanced training is also given to the beneficiaries of this scheme.

This year, on the occasion of Independence Day, the country’s Prime Minister Narendra Modi had announced Vishwakarma Yojana.  This scheme will be launched tomorrow i.e. 17th September 2023.  This scheme was announced in the Union Budget 2023-24.

 The government will spend Rs 13,000 crore in this scheme.  This expenditure has been kept till the financial year 2027-28.  Come, let us know about this scheme in detail.

PM Vishwakarma Yojana

 The objective of this scheme is to provide financial assistance to artisans.  The scheme will help promote and strengthen the practice of traditional skills of artisans.  It will also help in delivering the products and services properly to the artisans.  The beneficiary of this scheme will get a toolkit worth Rs 15,000.  Apart from this, the beneficiary will also get a stipend of Rs 500 per day along with skill training.

The main objective of this scheme is to develop artisans and make them self-reliant.  Under this scheme, while on one hand the beneficiary will get advanced training, on the other hand attention will also be given to the economic development and economic support of the beneficiary.

Who can apply

 The scheme covers many skilled artisans like carpenters, boat makers, gunsmiths, blacksmiths, hammer and toolkit makers, locksmiths, goldsmiths, potters, sculptors, stone carvers, stone breakers.  Whoever will be the beneficiary of this scheme will also get a certificate and ID from the government.

 Only one member of the family can apply for this scheme.  To make the artisans self-reliant, the government will also give a loan of up to Rs 3 lakh.  This loan will be given in two installments.

A concessional interest rate of 5 percent will be charged on this loan.  If you want to apply for this scheme, then you can apply by visiting the official portal of PM Vishwakarma Yojana.

For more information Visit at https://happenrecently.com/zepto/?amp=1

Gaurav Sharma shines in South Korean film industry

Gaurav Sharma

It is said that no matter how hard a person works in his life, no one gets anything more than time and luck.

Gaurav Sharma, resident of Sikri a small village of Karnal City (Haryana, India) after completing his education from MDU Rohtak, went to South Korea to try his luck.

Gaurav first learned Korean language there and set out to try his luck on the film screen. After a few years of hard work, when Gaurav Sharma started acting in Korea, people liked his acting and he started becoming the hero of the people living in that country.

Till now Gaurav has worked in many films in Korean language. His films are also liked a lot on YouTube. However, Gaurav Sharma’s father Ashok Sharma is working as an inspector in the Food Supply Department, Taraori office. When we talked to Ashok Sharma about this matter, he said that we never thought that our child would go to Korea and become a hero there.

But our family believes in devotion to God, the result of which is now visible. All the big politicians of South Korea feel proud to meet Gaurav Sharma. The film actors there also like to work with Gaurav Sharma.

Follow Gaurav Korea using these links on social media👇
Instagram – https://www.instagram.com/actor_gauravsharma/
Facebook – https://www.facebook.com/GAURAVKOREAVLOGS/
Youtube – https://www.youtube.com/@gauravkorea

These special security features are available in iOS 17, know why they are important for your iPhones

iOS 17

 Apple has recently launched the new iPhone for its customers.  Let us tell you that the company is starting pre-booking of two of these devices from today.  Currently, the company said that it is preparing to launch iOS 17 on September 18.  Today we are going to tell you about some of its special security features.

New Delhi, Tech Desk.  Apple has been in the news for the past few days and the biggest reason for this is the launch of the iPhone.  The company launched its latest iPhone 15 series on September 12, which includes four phones i.e. iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max.

 Currently, the company is preparing to bring the new iOS 17 update for its customers.  This update is coming for all users on September 18.  Although this update is already quite special, we will let you know about its security features.  Let us know about it.

face id lock in safari

 Apple has added Face ID to private browsing in the new update, which improves security for you.  In iOS 17, users have been given the facility of Face ID to unlock private browsing.

 You can use it easily.  Let us tell you that every time you close Safari or lock your iPhone, you will need a Face ID to open it.  Let us tell you that this feature is also available in macOS Sonoma.

iOS 17 will make it easier to stop tracking

 Apple is working on a new security feature to prevent tracking with iOS 17.  The company has introduced a new feature to strengthen its campaign against trackers.  Let us tell you that hackers can also grab your IP address and device information.

 With this feature, Safari can automatically detect URLs in mail and messages in iOS 17 and remove the tracking part in real time.

 photo privacy permission

 Apple’s new photo privacy permissions trigger a message asking apps that you’ve given permission to access images in the last 6 months or more.

 In this you will be allowed to limit access and access the entire library.

 In such a situation, if you choose to limit access, then every time you want to share a photo, you will be asked to select certain images and videos.

Automatic checking of text in messages

 iOS 17 has also introduced a special security feature in Messages, which is known as Check In.  With this feature, you can automatically alert friends or family via text when you reach your location.

 If you can’t reach your location, this feature tells your friends and family your exact location, battery level, cell service status, and the last active time they used their iPhone.

Sovereign Gold Bond is closing today, know why to invest in it

 Sovereign Gold Bond: Investing in gold is a very good option.  Today we can invest in digital gold along with physical gold.  Today Series II of Sovereign Gold Bond will close.  If you still have not invested in it then you should invest in it soon.Let us know why you should invest in it?

New Delhi, Business Desk.  If you also like investing in gold, then you can invest in Sovereign Gold Bonds.  This is a very good option to invest.  Sovereign Gold Bond Series-II 2023-24 subscription opens today.  The price of this gold bond has been fixed at Rs 5,923 per gram.

 Discount in Sovereign Gold Bond

 Investors who apply online for Sovereign Gold Bond (SGB) are getting discounts.  Investors will get a discount of Rs 50 on Sovereign Gold Bonds

.  After this its price will become Rs 5,873 per gram.  Let us tell you that Sovereign Gold Bonds are introduced by the Reserve Bank of India (RBI).  Come, let us know why investors should invest in this gold bond?

Why invest in gold bonds

 In this you get assured returns of 2.5 percent.  This return is available every 6 months.

 Unlike physical gold, there is no problem in storing digital gold.  Gold bonds are much safer than physical gold.

 The government launched the Sovereign Gold Bond under the Gold Monetization Scheme in 2015.  RBI opens this gold bond for subscription in instalments.

 You can use Sovereign Gold Bond as a loan.  Apart from this, you can also take a gold loan from it.

 GST is applicable on gold jewellery and coins.  At the same time, there is no GST (Goods and Services Tax) of any kind on Sovereign Gold Bonds.  Apart from this, there is no marking charge on it.

Where to buy sovereign gold bonds

 You can buy gold bonds from RBI, stock exchange and post office.  Apart from this, you can also sell it on BSE and NSE.

GST Tribunals: GST Appellate Tribunal benches will be formed in these states, Finance Ministry issued notification

GST Appellate Tribunal

 GST Appellate Tribunal The Finance Ministry has issued a notification regarding the GST Appellate Tribunal.  According to this notification, GST benches will be established in the states and union territories of the country.  GST matters can be resolved easily through this bench.  Let us know in this report that how many GST benches will be established in which state in the country?

New Delhi, Agency.  The Finance Ministry has notified 31 benches of the GST Appellate Tribunal (GSTAT).  These will be established in all the states and union territories.  It is believed that this will give a boost to businesses and will also help in finding many solutions.

 Today, taxpayers are required to approach higher courts when they are dissatisfied with the decisions of tax authorities.  This process takes a lot of time.  This is because the High Courts are already burdened with pending cases.  They do not have any special bench to deal with GST matters.

Establishment of GST bench

 According to the Finance Ministry notification, GSTAT will have two benches in Gujarat and Union Territories – Dadra and Nagar Haveli and Daman and Diu.  At the same time, there will be three benches including Goa and Maharashtra.

 Apart from this, there will be two benches each in Karnataka and Rajasthan while there will be three benches in Uttar Pradesh.

 West Bengal, Sikkim and Andaman and Nicobar Islands and Tamil Nadu and Puducherry will have a total of two GSTAT benches each while Kerala and Lakshadweep will have one bench each.

  Similarly, there will be a bench in the seven north-eastern states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.  GSTAT will have a bench in all other states.  The government has notified 31 tribunals in the first phase which will be constituted in all major cities of the country.

Rajat Mohan, senior partner, AMRG & Associates, said:-

 GST tribunals are essential to resolve tax cases because of their importance in providing an impartial, expert and efficient forum to address tax disputes.  They play a vital role in ensuring fairness, accountability and rule of law in tax administration.  Now, the next phase of identifying suitable locations for the tribunals, appointing qualified members and providing the necessary infrastructure and resources will begin.”

5G smartphones will have to support indigenous NavIC GPS, deadline is till December 2025: Rajeev Chandrashekhar

GPS

 NavIC GPS Support Minister of State for Electronics and IT Rajiv Chandrashekhar has said that 5G smartphones to be launched in India will be launched with NavIC-powered chips.  The government has set two deadlines for this.  The first is that 5G phones will have to provide mandatory support for NavIC by January 1, 2025.  This is expected to increase the prices of smartphones.

New Delhi, Tech Desk.  A few months ago, the Indian Space Research Organization (ISRO) launched the next generation satellite in the Navik series for space.  The full name of NavIC is Navigation with Indian Constellation.  Apple’s recently launched iPhone 15 series Pro models support NavIC technology.

 This is the first time that Apple has given the option of Made in India GPS in its devices.  If a new report is to be believed, the government is now planning to make it mandatory for 5G phones to integrate NavIC in their devices.  Minister of State for Electronics and IT Rajiv Chandrashekhar has said this to the media.

 NavIC will have to be supported in 5G smartphones

 Minister of State for Electronics and IT Rajiv Chandrashekhar has said that 5G devices to be launched in India will be launched with NavIC-powered chips.  The government has set two deadlines for this.  The first is that 5G phones will have to provide mandatory support for NavIC by January 1, 2025.

Second, all other phones operating in the L1 band that currently use the Global Positioning System (GPS) will have to support mandatory NavIC by December 2025.  Let us tell you, currently NavIC has seven satellites in space and ISRO aims to increase it to 12 in the coming years.

 Smartphone prices may increase

 Smartphone manufacturers, for their part, have expressed concern that the inclusion of NavIC could increase device prices.  The government, on its part, plans to encourage brands to incorporate the NavIC system.

Rajeev Chandrashekhar also clarified that making NavIC mandatory does not mean that it will be the only navigation system.  He further said that whether it is mobile phone manufacturers or automobile companies, NavIC will not be mandated as the sole navigation system.

Time released the list of world’s best companies, Infosys in top 100, Wipro and Mahindra ranked at which number?

Mahindra

 Time and online data platform Statista has published a list of the 750 best companies in the world for 2023.  According to this list, there is only one Indian company in the top 100 companies.  The name of this company is Infosys.  Know today what is the position of other Indian companies in this list and on what basis this list has been prepared.

New Delhi, Business Desk: Time magazine and online data platform Statista has released the Top 750 list of the world’s best companies for 2023.  According to this list, there is only one Indian company in the top 100 companies.  The name of this company is Infosys.

 Where is Infosys?

 Infosys has been ranked 64th in the top 100 list.  Technology companies like Microsoft, Apple, Alphabet and Meta Platform are on top in this list.  Let us tell you that Time and Statista have named a total of 750 companies that are changing the world.

On what basis has the list been prepared?

 The ranking is based on revenue growth, employee satisfaction surveys and rigorous environmental, social and corporate governance (ESG, or sustainability) data.

 According to Time’s website

 Tech companies performed well… partly because their carbon emissions are much lower than other types of companies with a significant physical presence like airlines, hotels or large manufacturers…

 Names of these Indian companies in the list of 750

 Let us tell you that if we talk about the entire list of 750 companies, then apart from Infosys, names of seven other Indian companies are included in this list of Time.

 Mahindra

Wipro Limited is ranked at 174th, Mahindra Group at 210th, Reliance Industries Limited at 248th, HCL Technologies Limited at 262nd, HDFC Bank at 418th, WNS Global Services at 596th and ITC Limited at 672nd.  Apart from this, Infosys has also been named among the top three professional services companies in the world.

Know what is Infosys?

 Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services.  Infosys was established in 1981.

 Infosys’ purpose is to advance human potential and create the next opportunities for people, businesses and communities.  According to the company’s official website, Infosys is a global leader in next generation digital services and consulting.