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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