UPI Sets Record in October with 16.58 Billion Transactions.
- In October, UPI transactions reached 16.58 billion in volume and Rs 23.5 trillion in value, a 1st for the digital payment since its inception in 2016.
- October's daily UPI transactions averaged 535 million in volume and Rs 75,801 crore in value.
- IMPS saw a 9% increase in volume, FASTag transactions also grew by 8% in volume while Aadhaar Enabled Payment System transactions rose 26% in volume.
RBI Repatriates 102 Tonnes of Gold for Enhanced Security.
- RBI brought back 102 tonnes of gold from the UK on Dhanteras, increasing India's domestic reserves to 510.5 tonnes amid rising global risks.
- Total reserves now stand at 855 tonnes, with 324 tonnes still in the UK under the Bank of England and BIS.
- India has repatriated 214 tonnes since September 2022.
- Earlier in May, India had already moved 100 tonnes from the UK.
Government Launches Namo Drone Didi Scheme for Women Self-Help Groups.
- The Namo Drone Didi Scheme launched by the Ministry of Agriculture and Farmers Welfare with a total budget of ₹1,261 crore.
- It aims to empower 14,500 selected Women SHGs between 2024-25 and 2025-26.
- This initiative is expected to enhance agricultural efficiency, support women's entrepreneurship, and promote modern farming techniques across rural areas.
Amit Shah Inaugurates Gujarat’s Largest Waste-to-Energy Plant in Ahmedabad.
- Home Minister Amit Shah inaugurated Gujarat’s largest waste-to-energy plant in Piplaj, Ahmedabad, set up through a Public-Private Partnership (PPP) at a cost of ₹375 crore.
- The plant is a collaborative effort between the Government of Gujarat and Jindal Urban Waste Management Company.
- It can process 1,000 metric tonnes of solid waste daily, generating up to 15 megawatts of electricity.
352nd Governing Body meeting of ILO is underway in Geneva.
- The ILO’s 352nd Governing Body meeting is being held in Geneva until November 7.
- Labour Secretary Sumita Dawra emphasized India’s efforts in reducing poverty, lifting 248 million from multidimensional poverty in nine years.
- She noted employment growth, with 170 million joining economic activities from 2016-17 to 2022-23.
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