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Women’s quota bill: Sonia recalls Rajiv, says ‘poignant moment of life’

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Team Happen Recently
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Sonia Gandhi

It was an emotional moment for her as her husband Rajiv Gandhi was the first to introduce a bill on women’s reservation in panchayats.

 Making a strong pitch for reservation for OBC women and a nationwide caste census, Congress parliamentary party chief Sonia Gandhi extended her party’s support to the women’s reservation bill passed in the Lok Sabha on Wednesday.

In her maiden speech (Sonia Gandhi) at the new Parliament, the former Congress president demanded that the quota be implemented immediately. Leading the Congress’ charge, Gandhi said any delay in implementing the quota bill would be a “gross injustice” to Indian women. 

According to the Bill, the quota will only be implemented after the completion of the census and delimitation exercise. “Rajiv Gandhi’s dream is only half fulfilled. It will be fulfilled with the passage of this bill. The Congress supports this bill,” she said.

Sonia Gandhi

“We will be happy with the passage of this bill, but we have a concern. I want to ask a question. For the last 13 years, Indian women have been waiting for their political responsibilities, and now they are being asked to wait for a few more years — two years, four years, six years, eight years,” she said.

“Is such behavior with Indian women appropriate? It is the demand of the Congress that the bill be immediately implemented… but, along with that, provision should be made for the reservation of SC, ST, OBC women after conducting a caste census,” she said.

It was an emotional moment for her as her husband Rajiv Gandhi was the first to introduce a bill on women’s reservation in panchayats. “This is a very poignant moment in my life. It was my life partner Rajiv Gandhi ji who for the first time had brought the constitutional amendment for the participation of women in local bodies, but it was defeated in the Rajya Sabha by seven votes. Later, the Congress government under the leadership of Prime Minister PV Narasimha Rao got it passed,” Gandhi said.

“From smoke-filled kitchens to flood-lit stadiums, the Indian woman’s journey has been a long one. But she has reached her destination,” she added. Recalling the contribution of the likes of Sarojini Naidu, Sucheta Kripalani, Aruna Asaf Ali, Vijaya Lakshmi Pandit, Rajkumari Amrit Kaur and millions of other women, she said they have always ensured that the dreams of Mahatma Gandhi, Jawaharlal Nehru Sardar Patel, Baba Saheb Ambedkar and Maulana Azad are realized.

NEW DELHI:  Making a strong pitch for reservation for OBC women and a nationwide caste census, Congress parliamentary party chief Sonia Gandhi extended her party’s support to the women’s reservation bill passed in the Lok Sabha on Wednesday. In her maiden speech at the new Parliament, the former Congress president demanded that the quota be implemented immediately. Leading the Congress’ charge, Gandhi said any delay in implementing the quota bill would be a “gross injustice” to Indian women. 

According to the Bill, the quota will only be implemented after the completion of the census and delimitation exercise. “Rajiv Gandhi’s dream is only half fulfilled. It will be fulfilled with the passage of this bill. The Congress supports this bill,” she said. “We will be happy with the passage of this bill, but we have a concern. I want to ask a question. For the last 13 years, Indian women have been waiting for their political responsibilities, and now they are being asked to wait for a few more years — two years, four years, six years, eight years,” 

she said “Is such behavior with Indian women appropriate? It is the demand of the Congress that the bill be immediately implemented… but, along with that, provision should be made for the reservation of SC, ST, OBC women after conducting a caste census,” she said. It was an emotional moment for her as her husband Rajiv Gandhi was the first to introduce a bill on women’s reservation in panchayats. “This is a very poignant moment in my life. It was my life partner Rajiv Gandhi ji who for the first time had brought the constitutional amendment for the participation of women in local bodies, but it was defeated in the Rajya Sabha by seven votes.

 Later, the Congress government under the leadership of Prime Minister PV Narasimha Rao got it passed,” Gandhi said. “From smoke-filled kitchens to flood-lit stadiums, the Indian woman’s journey has been a long one. But she has reached her destination,” she added. Recalling the contribution of the likes of Sarojini Naidu, Sucheta Kripalani, Aruna Asaf Ali, Vijaya Lakshmi Pandit, Rajkumari Amrit Kaur and millions of other women, she said they have always ensured that the dreams of Mahatma Gandhi, Jawaharlal Nehru Sardar Patel, Baba Saheb Ambedkar and Maulana Azad are realized.

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Yoga guru Ramdev’s Bhartiya Shiksha Board gets pan-India accreditation on lines of CBSE, ICSE

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Team Happen Recently
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In its recent circular, the All India Council for Technical Education, a national-level council for technical education, said that the Bhartiya Shiksha Board is a pan-India school education board.

 The Bhartiya Shiksha Board (BSB) founded by yoga guru Ramdev has been designated as a pan-India School Education Board on the lines of other national school boards such as the Central Board of Secondary Education (CBSE) and the Indian Council of Secondary Education (ICSE).

In its recent circular, the All India Council for Technical Education (AICTE), a national-level council for technical education, said that the Bhartiya Shiksha Board is a pan-India school education board.

The circular issued by Dr Mamta Rani Agarwal said that the Bhartiya Shiksha Board (BSB) was established on March 9, 2019, and was approved by the Education Ministry on January 25, 2023.

It said that AIU, through its August 3, 2022 letter, has accorded equivalence for Grade 10 and Grade 12 Board examination qualifications of Bhartiya Shiksha Board (BSB) that shall function as a regular school Board within India. The circular was issued on September 11 but was posted on the AICTE website on September 14.

The executive members of the board are headed by Ramdev and Acharya Balkrishna, the co-founder of the yoga guru’s FMCG company Patanjali, an Indian multinational conglomerate holding company based in Haridwar, Uttarakhand.

According to its website, the board aims to give students a comprehensive education integrating traditional Indian knowledge systems with modern science and technology.

It said that the Bhartiya Shiksha Board began as a “movement to re-establish Indian knowledge systems by consciously discarding Macaulay’s toxic legacy that wilfully liquidated our indigenous education and knowledge systems –Bhartiya Gyan Parampara and the Gurukul system and substituted it with the western culture and slave mindset of a colonized nation.”

It said that BSB had devised a national education system that takes due cognisance of the latest scientific research happening in the field of brain development, child development and learner-centered pedagogy and combines them with qualities of our own Bhartiya model of schooling – the Gurukul system and Guru Shishya Parampara.

The other board members are spiritual guru Morari Bapu; Swami Govind Giri Ji; Shrinivasa Varakhedi, Vice Chancellor Central Sanskrit University, Delhi; Dr Nagendra Prasad Singh, ex-IAS; Padamshri Dr Punam Suri, Dr. Ved Prakash, former UGC Chairman; Manoj Srivastava, Director, CBSE and Gridhar Malaviya, the chancellor of Banaras Hindu University.

The Bhartiya Shiksha Board (BSB) founded by yoga guru Ramdev has been designated as a pan-India School Education Board on the lines of other national school boards such as the Central Board of Secondary Education (CBSE) and the Indian Council of Secondary Education (ICSE). In its recent circular, the All India Council for Technical Education (AICTE), a national-level council for technical education, said that the Bhartiya Shiksha Board is a pan-India school education board. The circular was addressed to all the Vice Chancellors of technical universities and directors and principals of AICTE-approved institutions.

The circular issued by Dr Mamta Rani Agarwal said that the Bhartiya Shiksha Board (BSB) was established on March 9, 2019, and was approved by the Education Ministry on January 25, 2023. “Association of Indian Universities (AIU) accords equivalence to school Boards in India,” the circular said. It said that AIU, through its August 3, 2022 letter, has accorded equivalence for Grade 10 and Grade 12 Board examination qualifications of Bhartiya Shiksha Board (BSB) that shall function as a regular school Board within India. 

The circular was issued on September 11 but was posted on the AICTE website on September 14. “You are, therefore, requested to consider Bhartiya Shiksha Board as a Pan India School Education Board,” the circular said. The executive members of the board are headed by Ramdev and Acharya Balkrishna, the co-founder of the yoga guru’s FMCG company Patanjali, an Indian multinational conglomerate holding company based in Haridwar, Uttarakhand. According to its website, the board aims to give students a comprehensive education integrating traditional Indian knowledge systems with modern science and technology.

 It said that the Bhartiya Shiksha Board began as a “movement to re-establish Indian knowledge systems by consciously discarding Macaulay’s toxic legacy that wilfully liquidated our indigenous education and knowledge systems –Bhartiya Gyan Parampara and the Gurukul system and substituted it with the western culture and slave mindset of a colonized nation.”

 It added that “BSB has come into existence with a mandate to devise a genuinely indigenous model of school education that would blend the ancient Indian knowledge heritage with modern scientific knowledge and e-learning. BSB would affiliate government and private schools all over India to disseminate their uniquely ‘Bhartiya’ educational model.” It said that BSB had devised a national education system that takes due cognisance of the latest scientific research happening in the field of brain development, child development and learner-centered pedagogy and combines them with qualities of our own Bhartiya model of schooling – the Gurukul system and Guru Shishya Parampara. 

The other board members are spiritual guru Morari Bapu; Swami Govind Giri Ji; Shrinivasa Varakhedi, Vice Chancellor Central Sanskrit University, Delhi; Dr Nagendra Prasad Singh, ex-IAS; Padamshri Dr Punam Suri, Dr. Ved Prakash, former UGC Chairman; Manoj Srivastava, Director, CBSE and Gridhar Malaviya, the chancellor of Banaras Hindu University. 

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Women Reservation Bill: ‘Was there a consensus on the bill?’: DMK leader Kanimozhi’s question

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Team Happen Recently
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Women Reservation Bill

 Women Reservation Bill: Regarding the Women’s Reservation Bill, DMK leader Kanimozhi said in the Lok Sabha on Wednesday that the Women’s Reservation Bill is not about reservation but is an act of removing prejudice and injustice.  He said that women want equal respect.  He said how long should we wait to see this bill implemented?

 New Delhi, Agency.  Women Reservation Bill: There is a debate going on regarding the Women Reservation Bill.  At the same time, now DMK leader Kanimozhi said in the Lok Sabha on Wednesday that the Women’s Reservation Bill is not about reservation, but is an effort to remove prejudice and injustice.  He said that women want equal respect.

This bill will be implemented only after the census- Kanimozhi

 Participating in the discussion on the constitutional amendment bill ‘Nari Shakti Vandan Adhiniyam’, he said that the clause related to ‘after delimitation’ should be removed in the bill as it would affect the implementation of reservation for women.  There may be excessive delay.

 The 33 percent reservation for women in the Lok Sabha and state assemblies proposed in the Bill will be implemented only after the census and delimitation process.

 How long will we have to wait to see this bill implemented?- Kanimozhi

He said, how long should we wait to see this bill implemented?  This can be easily implemented in the coming parliamentary elections.  You must understand that this bill is not a reservation but an act to remove prejudice and injustice.

 He emphasized that the politics of tokenism should evolve into the politics of ideas.

 Equal respect for women – Kanimozhi

 He said, this bill is called ‘Nari Shakti Vandan Act’.  Stop saluting us.  We don’t want to be saluted, we don’t want to be put on pedestals, we don’t want to be worshipped… we want to be respected equally.

 Furthermore, Kanimozhi said that she had no hesitation in admitting that late Tamil Nadu Chief Minister J Jayalalitha was a very strong woman.  Jayalalitha was the leader of AIADMK, DMK’s rival in Tamil Nadu.

The Women’s Reservation Bill, named the Nari Shakti Vandan Act and introduced in the Lower House by Law Minister Arjun Ram Meghwal, will come into force only after the delimitation process is completed and hence, before the Lok Sabha elections in 2024.  )) It is not likely to be implemented during.

 This bill, introduced in the Lower House on Tuesday, is also the first bill introduced in the new Parliament House.

Adani Group gets new investment, will invest 300 million dollars together in Total Energy joint venture

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Team Happen Recently
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 Adani Green, an Adani Group company, said Total will invest an additional US$300 million to form a new 5050 joint venture company with AGEL.  Adani Green is the country’s largest renewable company.  The company’s portfolio is 20434 MW.  The market cap of Adani Green is Rs 1.59 lakh crore.

New Delhi, Business Desk.  France’s Total Energy SE will invest $300 million in a renewable project under a joint venture with India’s Adani Group.  This information was given by the company in its stock exchange filing on Wednesday.

 Adani Green signed the agreement

 Adani Green, an Adani Group company, said Total will invest an additional US$300 million (directly or through its affiliates) to form a new 50:50 joint venture company with AGEL.

Adani Green Energy Twenty Three Limited (AGE23L) will have a portfolio of 1,050 MW, comprising a mix of solar and wind along with already commissioned (300 MW), under construction (500 MW) and under development assets (250 MW).

Adani Green’s business

 Adani Green is the country’s largest renewable company.  The company’s portfolio is 20,434 MW.  The company has PPAs with state and central governments for up to 25 years.  54 projects of the company are operational, while 12 are under construction.  The market cap of Adani Green is Rs 1.59 lakh crore.

Trading in shares of Adani Group

 Till the time of writing the news, Adani Green is trading at Rs 1002.75 with a decline of 0.20 percent.  At the same time, shares of Adani Enterprises were trading at Rs 2475.45, down by 1.08 percent, shares of Adani Power were down at Rs 369.65, down by 1.41 percent, shares of Adani Total Gas were trading at Rs 636.90 per share, down by 0.35 percent.

Re-appointment of Sashidhar Jagdishan as MD and CEO of HDFC Bank, RBI approved

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Team Happen Recently
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Sashidhar Jagdishan

 Shashidhar Jagadeesan was re-appointed as the Managing Director and CEO of HDFC Bank, the world’s fourth largest bank.  The Reserve Bank of India (RBI) has appointed Shashidhar Jagadeesan as the Managing Director and CEO of HDFC Bank for a period of three years.  Read who is Shashidhar Jagadishan and what is the full news.

New Delhi, Business Desk: Months after the merger of HDFC and HDFC Bank, Sashidhar Jagdishan has once again been appointed as the MD and CEO of HDFC Bank, the world’s fourth largest bank.

The appointment has been made for three years

 The Reserve Bank of India (RBI) has re-appointed Shashidhar Jagadeesan as the MD and CEO of HDFC Bank for three years.

HDFC Bank said in a regulatory filing that

 Shashidhar Jagadishan has been approved for re-appointment as Managing Director and Chief Executive Officer of the Bank for a period of 3 (three) years from October 27, 2023 to October 26, 2026.

 Know who is Shashidhar Jagadishan?

 Shashidhar Jagadishan has over 31 years of experience.  Jagadeesan has completed his graduation in Science with specialization in Physics.  He is a Chartered Accountant by profession and holds a Master’s degree in Economics of Money, Banking and Finance from the University of Sheffield, United Kingdom.

 Shashidhar Jagadishan joined HDFC Bank in 1996 as a Manager in the Finance Department.  He became Business Head – Finance in 1999 and was appointed as Chief Financial Officer in 2008.

 HDFC and HDFC Bank had the biggest corporate deal in history

 The merger of HDFC and HDFC Bank became effective from July 1, 2023.  This deal between the two was in the form of an all-stock deal worth $40 billion.  After the merger, HDFC Bank became 100 percent owned by public shareholders.

How were the bank shares yesterday?

 Yesterday i.e. on Monday, HDFC Bank shares closed at Rs 1,629.65, down 2 per cent on BSE.

Pakistani hackers are targeting Indian Android users, these 3 apps are being used

By
Team Happen Recently
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hackers

 Cyber ​​security is a big problem in today’s time, due to which we hear some incidents of cyber attack every day.  Recently a problem has come to light due to which Indian Android users had to become victims of cyber attacks.  Let us tell you that this is a Trojan attack which is being linked to Pakistan.

New Delhi, Tech Desk.  With the increase in technology, the problems related to it are also increasing.  The biggest problem in this is cyber crime, which is affecting people and even governments in India as well as around the world.

 Recently, such an incident has come to light, in which a suspected hacker associated with Pakistan is spreading CapraRAT mobile remote access trojan (RAT) on ‘Transparent Tribe’.  For this he is using an Android app that mimics YouTube.

 Information found in the report

 Cybersecurity company SentinelOne reported that the CapraRAT toolset is used to spear-phish targets with knowledge of Kashmir-related matters.

 Along with this, it has also been used to monitor human rights activists working on matters related to Pakistan.  Research has shown that it is affecting Android devices.

Who are these hackers?

 For information, let us tell you that this hacker group is known for targeting military and diplomatic information in both India and Pakistan.

 Not only this, researcher Alex Delamotte believes that CapraRAT is a dangerous tool, which will allow hackers to keep more data of Android devices under their control.

Apps track the activity of Android users

 For this, these hackers try some tricks, which include recording with microphone, front and rear camera.Collects SMS and multimedia message content, call logs.Send messages and block other messages.Calling on the phone.

 Including capturing the screen or overriding system settings like GPS and network.

More than 200 events to be held in Yashobhoomi in next 2 years, double growth expected in MICE industry

By
Team Happen Recently
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 More than 200 exhibitions and conferences are planned for the next two years at Yashobhoomi, the country’s largest convention centre.  Prime Minister Modi inaugurated it in Dwarka, Delhi on his birthday on 17 September.  Presently India ranks 28th due to less number of events organised.  Read the complete news.

New Delhi, Agency: More than 200 exhibitions and conferences have been planned in the next 2 years at Yashobhoomi, the country’s largest convention centre.

 PM Modi had inaugurated the India International Convention and Expo Center (IICC) – Yashobhoomi in Dwarka, Delhi on 17th September i.e. his birthday.

According to a senior government official, the focus of these events will be digital innovation, hospitality, entertainment, healthcare, automobile, infrastructure, travel and tourism and smart manufacturing.

There will be double growth in MICE industry

 Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh said the convention centre will help India double the growing MICE (meetings, incentives, conferences and exhibitions) industry.  India’s share in the Rs 25 lakh crore MICE sector is less than 1 percent.

India ranked 28th due to less programs being organised

 India ranked 28th with 158 meetings in the 2019 International Congress and Convention Association (ICCA) list due to the low number of events held in the country.  Talking about Delhi, it is at 75th place in the list of 475 cities.

Yashobhoomi is spread over an area of ​​more than 221 acres.

 The entire project of Yashobhoomi is built on an area of ​​221.37 acres in Dwarka Sector 25 at an estimated cost of Rs 25,703 crore.  The total area of ​​the project is more than 123 acres of Bharat Mandapam.

According to the Ministry of Commerce and Industry, it is expected that the government wants to include New Delhi in the list of Shanghai, Hong Kong and Singapore in the field of exhibition market.

 China ranks first in Asia

 Talking about Asia, China has more than 68 per cent (4.1 million square metre) of the total available space for exhibition facilities, while India has only 0.3 million square metre, which is 4.9 percent of Asia.

Introducing Finementor : Your Gateway to DevOps Excellence

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Team Happen Recently
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Introducing Finementor

Are you ready to kickstart your journey towards mastering DevOps? Look no further because Honeykode Technologies Pvt Ltd is thrilled to introduce our latest venture, Finementor! We’re here to empower you with the skills and knowledge needed to excel in the world of DevOps.

Our DevOps Courses

We’re kicking off with a bang by launching AWS Mastery courses that will set you on the path to becoming a DevOps pro. But that’s not all – we have plans to expand into Azure courses in the near future, ensuring that you have a well-rounded education in the most in-demand cloud technologies.

Live Classes on Weekends
We understand that balancing work, life, and learning can be challenging. That’s why our DevOps courses at Finementor are designed to fit seamlessly into your schedule. Our live classes are held exclusively on weekends, making it convenient for working professionals and students alike to participate and gain valuable insights into the world of DevOps.

Course Completion and Internship Certificates

Upon successful completion of our courses, you’ll receive two valuable certificates. The first is a Course Completion Certificate, which not only recognizes your hard work and dedication but also showcases your newfound expertise in DevOps. This certificate is a testament to your commitment to continuous learning.

But that’s not all, we go a step further by offering a Three-Month Internship Certificate under the esteemed name of Honeykode Technologies Pvt Ltd. This internship opportunity will give you real-world experience in applying your DevOps skills, allowing you to bridge the gap between theory and practice.

Meet Mr. Aneesh Kumar – Your DevOps Mentor

One of the standout features of Finementor is the privilege of learning from the esteemed DevOps veteran, Mr. Aneesh Kumar. With a remarkable 13 years of hands-on experience in the DevOps field, he brings a wealth of knowledge, expertise, and insights to the program.

Mr. Aneesh Kumar’s extensive experience in DevOps is the cornerstone of our program. With him as your mentor, you’ll not only gain a deep understanding of DevOps concepts but also learn practical, real-world applications that will set you apart in the industry.

Why Choose Finementor?

At Finementor, we’re not just focused on theory; we emphasize practicality, hands-on experience, and industry relevance. Our courses are carefully crafted to ensure that you are well-prepared to tackle the challenges of the DevOps field.

Whether you’re looking to enhance your career prospects, transition into a DevOps role, or simply broaden your knowledge, Finementor is your go-to destination for DevOps excellence.

Your journey towards DevOps mastery begins here with Finementor by Honeykode Technologies Pvt Ltd!

Visit our website www.finementor.io to learn more about our AWS Mastery courses and stay tuned for updates on our upcoming new devops courses.

Best Dentist Dental Clinic in Wadgaon Sheri, Pune: Elevating Dental Care Standards.

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Team Happen Recently
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Best Dentist Dental Clinic

Nestled in the vibrant neighborhood of Wadgaon Sheri, Pune, the Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic has emerged as the epitome of excellence in dental healthcare. Under the dynamic leadership of Dr. Ashish Mathesul, a distinguished MDS in Orthodontics and Dentofacial Orthopaedics and Cosmetic Aesthetic Dentist, this clinic has firmly established itself as the go-to destination for comprehensive dental care.

Dr. Ashish Mathesul, Chief Doctor, and Owner of the clinic, is a visionary in the realm of dental healthcare. His unwavering commitment is simple yet profound – to provide effective, affordable, and top-quality dental services to the community. Driven by this vision, he has cultivated a clinic that consistently raises the bar in the field.

What sets Dr. Mathesul’s Invisalign Invisible Braces Orthodontic Dental Implant Clinic apart is its commitment to embracing cutting-edge dental technology. The facility is adorned with state-of-the-art equipment, including digital RVG x-rays and efficient patient database management systems. These technological investments translate into modern, efficient, and precise dental care.

In an era where hygiene is paramount, the Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic takes no chances. Stringent hygiene measures are meticulously observed, guaranteeing the safety of every patient. Stepping into the clinic, patients are greeted by a pristine and secure environment.

The Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic’s portfolio of dental services is both comprehensive and unmatched. From enhancing smiles through cosmetic dentistry to offering durable solutions like dental implants and single sitting Root Canal Treatment (RCT), the clinic caters to an array of dental needs.

In addition to its comprehensive services, the clinic specializes in advanced treatments, including Invisalign, Damon Braces, Myobrace, Implants, 3M Lava All Ceramic Crown Bridges, Veneers, Root Canal, Teeth Filling Cleaning, All-on-4 Implants, Laser Gum, and Snap-on-Smile. This specialization ensures that patients receive top-tier expertise tailored to their unique requirements.

At the core of this Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic’s success is its unwavering commitment to patient-centric care. The clinic’s staff is celebrated for their warmth and dedication to ensuring every patient feels comfortable and at ease. Recognizing the anxiety often associated with dental visits, they go the extra mile to create a welcoming and supportive atmosphere.

Despite delivering top-notch dental care, the Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic remains committed to affordability. Their mission is to ensure that financial considerations do not hinder access to high-quality dental care.

In conclusion, the Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic in Wadgaon Sheri, Pune, stands tall as an embodiment of excellence in dental healthcare. Guided by Dr. Ashish Mathesul’s visionary leadership, this clinic not only provides the finest dental services but also does so with an unwavering focus on patient comfort, modern technology, hygiene, and affordability. When it comes to dental health, the Dr. Mathesul Invisalign Invisible Braces Orthodontic Dental Implant Clinic is the unequivocal choice for a radiant and confident smile.

Contact Us = 918983101099

Link = http://bit.ly/clinic808

India’s economy is strengthening amid weak global signals: RBI Article

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Team Happen Recently
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 According to the latest bulletin of RBI, the Indian economy is improving amid a weak global scenario.  This strength is driven by public sector capital expenditure as well as domestic private consumption and fixed investment.  RBI said the impact of aggressive monetary tightening has spread to the service sector and bank loans, leading to a slowdown in industrial production.

According to the latest bulletin of the Reserve Bank of India (RBI), the Indian economy is strengthening amid weak global prospects.  This strength is being driven by public sector capital expenditure along with domestic private consumption and fixed investment.

 Decline in pace of industrial production

 An article written by RBI on the State of the Economy said that there are concerns about recession in China and Europe.  RBI said that the impact of aggressive monetary tightening is spreading on the service sector and bank loans, leading to a decline in the pace of industrial production.

Great importance of G20 for India

 India’s G20 presidency and its outcome assume significance in such an environment with ‘Vasudhaiva Kutumbakam’ as a vision of global progress, according to the article written by a team led by RBI Deputy Governor Michael Debabrata Patra.  Where global economic activity is slowing down due to macroeconomic conditions in various regions.

Amid weakening global prospects, the Indian economy is expected to be driven by domestic drivers – private consumption;  Is gaining strength under the leadership of.  Supply responses are improving and headline inflation eased in August from the previous month’s peak.

The personal views of the author of the article are

 RBI said that the views written in this article are the personal views of the team led by RBI Deputy Governor Michael Debabrata Patra and not of the RBI.

Indian space mission important for socio-economic development

 In the article, RBI said that India’s space efforts are important for the socio-economic development of the country.  The space agency is important for many application areas, including weather forecasting, geological and oceanographic studies, disaster management and agriculture.

 RBI said in its article that the Indian Space Agency has also played an important role in the defense and security of the country.  Currently, India’s share in the global space economy is around 2 per cent, but this share is set to increase rapidly with increasing private participation.

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