Wholesale price-based inflation eases to 12.41 per cent in August.

  • As per the Commerce and Industry Ministry data, the wholesale price-based inflation has been reduced to 12.4% in August as compared to 13.93 % in July 2022.
  • Reason: The WPI inflation fell on easing prices of Manufactured products.
  • The Wholesale inflation was at a record high of 15.88%in May 2022 and stood at 11.64% in August 2022.
  • August is the 17th consecutive month of double-digit wholesale price inflation (WPI).

Haqdarshak’s Aniket Doegar gets Social Entrepreneur of Year award.

  • CEO of Haqdarshak, Aniket Doegar has been honoured with the 13th Social Entrepreneur of the Year (SEOY) Award-India.
  • The award has been established by Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship.
  • Haqdarshak is a tech platform that connects citizens with their eligible government welfare schemes.
  • The award has been presented by Anurag Singh Thakur, Union Minister for Information and Broadcasting.

BSF's 1st female camel riding squad to be deployed in Rajasthan & Gujarat.

  • The first female camel riding squad of BSF is ready to be deployed along the India-Pakistan border in Rajasthan and Gujarat.
  • The squad will also participate for the first time in the BSF Raising Day Parade on 1st December.
  • This Squad will be the first of its kind in the world.
  • This squad has received intensive training at the Bikaner Regional Headquarters of BSF under the supervision of skilled trainers.

NCPCR revamps online portal E-Baal Nidan for redressal of grievances.

  • The National Commission for Protection of Child Rights (NCPCR) has revamped online portal E-Baal Nidan.
  • Aim: For timebound redressal of grievances against violation of child rights.
  • Feature: It include bifurcation of complaints based on the nature of the complaint into their subject matters like Juvenile Justice, POCSO, Labour and Education.
  • It will be beneficial for the complainants as well as the commission while dealing with complaints.

FinMin allows RRBs to raise funds via IPO, rights issue.

  • The government has issued a detailed draft of the guidelines for Regional Rural Banks (RRBs) to raise capital and putting the onus for identifying eligible RRBs on their sponsor banks.
  • RRBs are planning to make an initial public offering to raise capital must have at least Rs 300 crore of net worth for the previous three years.
  • They should also have their capital adequacy above the regulatory minimum level of 9%.
  • Total existing Regional Rural Banks: 43.

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