New Delhi, May 27 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the “Scheme for Assistance in Ration Transport and Handling-Income with Automation in PDS” (SARTHAK PDS) as an umbrella scheme for the next five years with an outlay of Rs 25,530 crore as the Centre’s share.The CCEA has also decided to revise the norms of Central assistance for meeting expenditure incurred by states and UTs on intra-state m…
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New Delhi, May 26 (IANS) Market regulator Securities and Exchange Board of India (SEBI) has initiated a pilot project to explore tokenisation of corporate bonds using distributed ledger technology (DLT), a move that could enhance liquidity and enable faster settlement in the debt market, SEBI Chairman Tuhin Kanta Pandey said on Tuesday.Pandey further stated that the pilot is aimed at assessing how blockchain-based systems can improve efficiency in bond trading and settlement, while also addressi…
New Delhi, May 7 (IANS) India’s real estate projects need end‑to‑end, enterprise‑led digital transformation due to increasing scale and complexity, as the market is projected to grow from $650 billion in 2025 to $5.8 trillion by 2047, a report said on Thursday.A joint report by KPMG in India and FICCI said that the sector is at an inflection point and technology must move from a peripheral enabler to a foundational driver in a project’s entire lifecycle.Technology must play a more pron…
Gandhinagar, May 6 (IANS) The Gujarat Revenue Department’s Chintan Shibir on Wednesday placed strong emphasis on modernising land governance through digital technologies, with discussions focusing on artificial intelligence, blockchain, geographic information systems (GIS) and administrative reforms aimed at improving transparency, efficiency and citizen-centric service delivery.Held at Amba Business Park in Adalaj, the second day of the Shibir brought together senior officials and domain expe…
New Delhi, May 5 (IANS) The Unique Identification Authority of India (UIDAI) and the National Forensic Sciences University (NFSU) on Tuesday joined hands to establish a structured, five-year collaboration in the domains of digital forensics, cybersecurity, and advanced technology research.The collaboration will focus on six strategic pillars — academic and professional development, information security and system integrity, forensic infrastructure and lab excellence, technical support for cyber…
New Delhi, April 8 (IANS) The rapid rise of crypto-hawala is emerging as a serious concern for security and enforcement agencies, with digital channels increasingly replacing the traditional hawala system that relied on personal trust and informal networks.While the purpose of such transactions remains unchanged, concealing the origin and destination of funds, the method has shifted to technology-driven platforms that make transfers appear routine and harder to detect. Officials say this transit…
Washington, April 2 (IANS) Indian Overseas Congress chief, Satyanarayan Pitroda, popularly known as ‘Sam’, on Thursday welcomed the BJP-led NDA government’s announcement that Naxalism has almost been eradicated from India. However, he asserted that it is essential to understand the “root cause of Naxalism”.Speaking to IANS, Pitroda also said that while he has “trust deficit” with the current electoral process in India, in the future, voting will take place on mobile phones using blockchain and A…
Mumbai, March 28 (IANS) Chief Minister Devendra Fadnavis on Saturday emphasised that all government departments must function based on the three pillars of transparency, strict timelines, and reliability to ensure citizens receive the benefits of all schemes through a single platform and to achieve the goal of a “Viksit Maharashtra.” He was speaking during a ceremony organised to honour excellence under the “150‑Day E‑Governance Reform Programme.” Heads of departments and serv…
Washington, March 19 (IANS) India has emerged as a leading force in the application of artificial intelligence and is third in core AI creation after the United States and China, Indian-origin scientist Dr Taraknath Woddi said, pointing to the country’s growing strengths and untapped potential in the sector.“Very bluntly, in terms of AI application usage, India is among the top in the application,” Woddi told IANS in an interview. “Usage of the application, India would come at the top of…
United Nations, March 3 (IANS) US First Lady Melania Trump sent aloft the idea of “a single digital nation-state” as she became the first spouse of a sitting head of a country to wield the gavel at the Security Council. “Is a single digital nation-state inevitable?” she asked in her speech before the Council on Monday.“Perhaps this idea isn’t so far-fetched since digital currency and payment systems via blockchain, plus AI’s massive factual database is already revolutionising media a…