In FY23, the Centre plans to monetise assets in the coal mining sector worth Rs. 75,220 crore (US$ 9.67 billion). The Ministry of Coal said in its monetisation plan for FY23 that monetisation of coal blocks is estimated to generate revenue of Rs. 52,200 crore (US$ 6.71 billion). It will be followed by Rs. 20,320 crore (US$ 2.61 billion) from projects on the Mine Developer and Operator (MDO) model, Rs. 2,000 crore (US$ 257.16 million) from discontinued mines, and Rs. 700 crore (US$ 90 million) from washeries. The figures for monetisation are estimates. The asset monetisation target of NITI Aayog…
Author: Editor's Desk, Tattva News
At a time when some of India’s top edtech unicorns are facing a slowdown in funding and looking at ways like layoffs to curb costs, the online education platform Physics Wallah has brought some good news. PW (PhysicsWallah), an edtech platform, has become India’s 101st unicorn after raising US$ 100 million in Series-A funding from Westbridge and GSV Ventures. Following the transaction, the company was valued at US$ 1.1 billion. So far, the company has been bootstrapped, so the series A funding is the first time outside investors have come on board. PW plans to use the funds for business expansion, branding,…
Speaking about the quality of education, the President Ram Nath Kovind said that to improve it, we should also consider sophisticated and innovative learning approaches. The key to achieving excellence is to harness the transformational benefits of digital technologies for enriching the teaching and learning experience, he added. inaugurated the two-day Conference of Vice-Chancellors of Central Universities and Directors of Institutions of National Importance at Rashtrapati Bhavan on Tuesday. President is the Visitor of 161 Central Institutes of Higher Education. Out of 161 institutes, 53 are attending the Conference physically while others are connected virtually. He was happy to note that this year 35 Indian institutions…
Vice President Venkaiah Naidu’s 9-day tour of Gabon, Senegal and Qatar successfully concluded on Tuesday, with his returning to India later in the evening. While his tour to Gabon and Senegal were the first high level visits from India, his visit to Qatar was the first by any Indian Vice President. During the visits, he had wide ranging discussions with top leadership in each country. Naidu also interacted with the business fraternity and the Indian community in all three countries at receptions held in his honour in the capital cities of Libreville, Dakar and Doha. He addressed the Indian diaspora…
Minister of Civil Aviation Jyotiraditya M. Scindia launched National Air Sport Policy 2022 (NASP 2022). NASP 2022 lays out the vision of making India as one of the top sports nations by 2030, by providing a safe, affordable, accessible, enjoyable and sustainable air sports ecosystem in India. Air sports, as the names suggests, encompasses various sports activities involving the medium of air. These include sports like air-racing, aerobatics, aero modeling, hang gliding, paragliding, para motoring and skydiving etc. India has the potential to be among the leading nations in the world of air sports. It has a large geographical expanse,…
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the Single Nodal Agency (SNA) Dashboard of PFMS (Public Financial Management System) as a part of the Azadi ka Amrit Mahotsav (AKAM) celebrations by Ministry of Finance. The Ministry of Finance is observing the ‘Iconic Week’ celebrations from 6th June to 12th June 2022 to celebrate AKAM. The Training Modules of the Department of Expenditure were also launched as part of the Mission Karmayogi. She said that implementation of SNA has been a milestone in public finance by effectively leveraging technology in the last 75 years. Smt. Sitharaman congratulated the team…
Bhupender Yadav, Minister for Labour & Employment and Environment, said that Healthy India would be made only by Healthy Workforce and a self-reliant India would be built from a Healthy India. He launched the ‘ESIC Yoga Fortnight’ at ESIC Hospital, Basaidarapur, New Delhi. This Yoga Fortnight will end on the day of ‘International Yoga Day’ on 21st June 2022. On this occasion, all the offices and hospitals of ESIC were connected to the main site through online medium. The theme of this year’s International Yoga Day-2022 is “Yoga for Humanity”. With this theme, ESIC is celebrating ‘Yoga Fortnight’ to promote Yoga…
US Commerce Secretary Gina M. Raimondo has announced a new national travel and tourism strategy that focuses federal government efforts to support the U.S. travel and tourism industry and sets an ambitious five-year goal of attracting 90 million international visitors to the United States each year. It is estimated these visitors would spend $279 billion annually—expenditures that will support job creation in communities across the United States, its territories, and the District of Columbia. The Tourism Policy Council, a federal interagency council created by Congress, was charged by Secretary Raimondo with creating the strategy to focus U.S. government efforts in…
The Washington-based Think Tank the National Endowment for Democracy (NED)’s International Forum for Democratic Studies (IFDS) released its new report, The Global Struggle Over AI Surveillance: Emerging Trends and Democratic Responses.From cameras that identify the faces of passersby to algorithms that keep tabs on public sentiment online, artificial intelligence (AI)-powered tools are opening new frontiers in state surveillance around the world. Law enforcement, national security, criminal justice, and border management organizations in every region are relying on these technologies—which use statistical pattern recognition, machine learning, and big data analytics—to monitor citizens. In the lead essay, Steven Feldstein, a senior fellow at the Carnegie Endowment for…
In a new threat to freedom and the rule of law in Tunisia, the government has unilaterally dismissed 57 judges. The sackings ignore the frameworks regulating the work of the judiciary and its representative bodies, and deprive the judges of the right to object to, and take legal action against, their dismissal. The country’s judges unions have launched strike action in protest at the government’s move and the ITUC-affiliated UGTT has called a public sector strike on 16 June. The dismissals follow a series of orders and decrees restricting fundamental rights and freedoms in Tunisia, such as Circular No. 20…