Indian Development News 🇮🇳
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All you need to know about AIIMS Bilaspur that would be inaugurated by PM today

Built at a cost of ₹1,470 crore, the hospital is spread over 247 acres with 24 hours emergency and dialysis facilities, modern diagnostic machines.
#Health #Infra

Read here: https://bit.ly/3e4VKzt
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According to reports, #IT companies to hire 20% less people in campus placements and entry-level hiring in FY24. On the back of the looming fears of a recession in US & Europe, IT companies have already slowed down hiring. #Jobs

https://mybs.in/2b1K5bE
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Subnational Diplomacy (more like ambassador for Balkanisation)

To be precise it means someone who will work with regional units (states in India) while bypassing the national authority (Central govt).

This is another move at breaking larger nations into smaller entities which are at odds with each other making them easier to control and manage.

The attempts have been made in india already with Tamil and Bengali nationalism.

All such moves need to be monitored carefully and resisted strongly by GoI.

#NationalSecurity #ForeignAffairs #InternationalNews
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Some of the nominations for this year's peace prize are-
Zelensky, UNHCR, WHO, Greta Thunberg, Alexey Navalny, Pratik Sinha and Mohammed Zubair.

More names in the article.

#InternationalNews
https://t.co/nF3RPBkoSe
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INFORMATION ABOUT UPI 2.0

[1] Indians love to use UPI; currently:-

- In FY22, UPI processed more than 46 billion transactions amounting to over Rs 84.17 trillion.
- 22 Crore transactions per day, as of now.

[2] The scale of adoption has been driven by:

- Low/no transaction cost.
- Fast transfer.
- Involvement of banks (ensures safety)
- Low failure rates.

[3] This is just UPI 1.0; UPI 2.0 is better:-

It has 3 key advantages:

a. UPI Lite- A Wallet like PayTM where you can store upto Rs 2000 for smaller transactions upto Rs. 200 per time (without any internet connectivity)

b. UPI Credit Cards-

Credit cards can be attached to UPI in the future. With this, we will be able to experience the credit point benefits along with UPI’s fast payment system.

UPI 2.0 will benefit the Credit Card ecosystem and vice-versa.
Image

c. UPI 123- No internet and mobile required for a transaction.

We will be able to make a transaction through a missed call.

This brings more folks (who do not have an internet) into the UPI's gambit.

[4] Due to UPI's popularity, many countries have signed an MOU with NPCI to implement the UPI systems in their countries.

The first out of these was Bhutan in July 2021.

[5] UK and recently France and Singapore have also talked about adopting the UPI system.

In the future, it is quite likely:

That we will be able to travel without the hassle of exchanging currencies with the help of this system!

#India
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Saudi Arabia and Russia plan deep oil cuts in defiance of US.

UAE set to join the oil cuts along with other OPEC+ members.

OPEC+ is expected to cut #oil 🛢️ production to just 2 mn barrels a day. This will increase the already skyrocketing energy prices in the west and will further deplete US' strategic oil reserves.

POTUS Biden has termed this oil reduction as a hostile move towards the US and Europe and warns of serious consequences (Sanctions on OPEC+ and a stop on weapons exports)

Effect on India? -
We will increase purchase of discounted Russian oil, refine some of it and sell it to Europe to earn profits as usual.

🇷🇺🤝🇦🇪🤝🇸🇦

#Geopolitics #InternationalNews #NWO

Read more

@DevelopmentNewsIndia
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#WHO issued a medical product alert over four cough and cold syrups made by Maiden Pharmaceuticals in India, warning they could be linked to acute kidney injuries and deaths of 66 children in west #African nation, The #Gambia.

According to reports, the global health body said it is conducting further investigation with the company and regulatory authorities in India.

Read here: https://bit.ly/3yFZtuv
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India supported 85% of rural household during Pandamic: World Bank President

#India
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3 #DRDO-SDE developed Unmanned and weaponized boats were tested today in Pune.

1. Weaponed Boat
2. RIHB
3. Double Hull catamaran

Endurance: Upto 4 Hours
Speed: 10-25Kts
Patrol engine for RHIB and Weponed boat

#Drones #Defence
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ADB to provide a large aid package of $2.5 billion to Pakistan.

#InternationalNews
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Indian Air Force has sign a contract for 10,000 bullet-proof jackets for their special forces and other personnel with Tata Advance System Ltd (TASL).

#India #Defense
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Indian Air Force's new combat uniform.

Credits in the picture.

#Defence
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