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• The Defence Minister, Rajnath Singh has handed over new weapons systems - F-INSAS, Nipun mines, LCA to the Indian army.
• Nipun mines: It will act as the first line of defence against enemy infantry or tanks or infiltration attempts by terrorists.
• With the efforts of Armament Research and Development Establishment, Pune and the Indian industry, a new Indian mine named ‘Nipun’ has been developed.
• Future Infantry Soldier As A System (F-INSAS): It is designed to transform the infantry soldier into a self-contained fighting machine.
• Landing Craft Assault (LCA): It helps the Army more efficiently mobilise its forces.
• The Financial Services Institutions Bureau (FSIB) has recommended Mohammad Mustafa for the post of NABARD Chairman.
• He is an IAS officer 1995 batch, UP cadre and served as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).
• He had also served as a Joint Secretary in the Department of Financial Services; as CMD of NHB and as MD of CERSAI.
• The Appointments committee of the cabinet headed by PM Modi will take the final decision.
• Home Minister, Amit Shah has inaugurated a two-day National Security Strategies (NSS) Conference in New Delhi.
• Aim: To ensure a safe and secure nation by strengthening all aspects of national security mechanism.
• During the conference, he has also inaugurated the National Automated Fingerprint Identification System (NAFIS) that was developed by NCRB.
• NAFIS will help in quick and easy disposal of cases with the help of centralized finger print database.
• Executive Director and CEO of Indel Money Limited is Mr. Umesh Mohanan.
• Indel Money Ltd (gold loan NBFC) has recently launched its mobile app and e-portal to provide digital personal loan.
• Initially this service will be offered to its existing customers, to provide complete digitalised experience with faster disbursement of loan.
• The loan will be sanctioned on the basis of average transaction value in the previous year.
• The rate of interest will be 10-20% based on the individual credit score.
• The repayment tenure is in the bracket of 3-6 months.
• Cabinet has approved interest subvention of 1.5% on short term agriculture loan upto 3 lakh rupees.
• This increase in Interest Subvention support requires additional budgetary provisions of 34,856 crore rupees for the period of 2022-23 to 2024-25 under the scheme.
• Aim: To ensure the sustainability of credit flow in the agriculture sector as well as ensure financial health.
• Minister of Agriculture & Farmers' Welfare: Narendra Singh Tomar
• Lakshya Sen, Kidambi Srikanth, Satwiksairaj Rankireddy and Chirag Shetty have been signed as the brand ambassadors of Mastercard to promote digital payment in India.
• Focus: To spread awareness about the safety, security, and convenience of digital payments in India.
• This partnership will buildup the efforts of the Reserve Bank of India (RBI) and PM Modi’s vision of Digital India.
• The company had also signed Shiv Kapur and Anirban Lahiri as brand ambassador in 2021.
• The Uttar Pradesh Cabinet has approved the proposal for India’s first night safari in Kukrail forest area of Lucknow district.
• It would be developed on the tunes of Singapore.
• As part of the project, the government will establish a zoological park on around 150 acres and a night safari on 350 acres without disturbing the dense 2,027-hectare forest.
• The 75 acres of Kukrail would be dedicated for leopard and tiger each while 60 acres for wild beer.
• Delhi CM, Arvind Kejriwal has launched the 'Make India No. 1' mission to make India the number one country in the world.
• Five-point vision of this initiative: Free education; Free treatment; Employment for youth; Equal rights, dignity, and security for women; and Fair price to farmers for their produce.
• This mission was launched at the Talkatora Stadium in Delhi.
• During the launch, he urged every citizen to join a thin mission and make India No. 1 in the world.
• As per the annual report of bank for FY 22, Axis Bank chief executive officer, Amitabh Chaudhry was the highest-paid private bank chief in India in the previous financial year, has drawn a total of Rs 7.62 crore in annual salary.
• Followed by IndusInd Bank chief, Sumant Kathpalia, who made over Rs 7.31 crore in annual salary in FY22.
• Sandeep Bakhshi, MD of ICICI Bank, has earned Rs 7.05 crore in annual salary last fiscal.
• The Kerala government has launched an app named ‘Lucky Bill App’ to curb Goods and Service Tax (GST) evasion.
• The app was launched by chief minister Pinarayi Vijayan.
• Aim: To encourage the citizen to ask for a bill every time they make a purchase.
• The users need to upload original bills of their purchases to win prizes, including a cash prize of ₹25 lakh.
• The app will also offer rewards such as gift packs from Kudumbashree and Vanashree as well as KTDC tour packages.
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