NITI AAYOG AND FLIPKART COLLABORATION FOR WEP
NITI Aayog and Flipkart, have come together to launch the revamped Women Entrepreneurship Platform.
The Women Entrepreneurship Platform (WEP) is a unified access portal which brings together women from different parts of India to realise their entrepreneurial aspirations.
The idea of the platform was first mooted by Amitabh Kant, CEO, NITI Aayog who announced the setting-up of a Women Entrepreneurship Platform in NITI Aayog at the conclusion of the 8th Global Entrepreneurship Summit (GES) held in Hyderabad in 2017, with an overarching theme of ‘Women first, prosperity for all’.
The revamped version shall also include an additional feature to offer mentorship to the women mentees with specific knowledge concerning a problem area through a dedicated online mechanism facilitated under FICCI-FLO’s Empowering the Greater 50% mission.
Women entrepreneurs today face unique obstacles, from a lack of networking opportunities and mentors to the challenge of balancing work and family.
When women come together or form communities, they are better equipped to tackle challenges that come their way. Shared experiences from mentors and professionals further help.
‘Community’ on the WEP platform aims to connect knowledge-seeking women entrepreneurs who have questions or seek clarifications on multiple aspects of setting up new businesses (like registering businesses, GST, funding, effects of the pandemic, etc.), or progressing already established businesses
And to knowledge providing women entrepreneurs who have experience in setting up businesses and hence can contribute by solving queries.
IRDAI PANEL TO EXAMINE HEALTH INSURANCE PRODUCTS
Insurance regulator Insurance Regulatory and Development Authority (IRDAI) has set up a panel of experts called ‘Health Insurance Advisory Committee’ to examine the availability of health insurance products in the country, considering the need of the Indian society and recommend suitable products and processes.
The expert committee will be headed by IRDAI Chairperson, Subhash Chandra Khuntia and will have a Member (Non-Life) as the vice-chairperson. The committee, which has a term of one year.
Members of the committee include:
- Nachiket Mor (Visiting Scientist, Banyan Academy of Leadership in Mental Health),
- A K Chand (Professor and Neurosurgeon, Bangalore),
- B K Mohanti (Former Professor and Oncologist, AIIMS),
- K Hari Prasad (Anaesthetist, Hyderabad), and Pankaj Sharma (IRDAI).
INDIA RANKED 4TH IN ‘BREAK OUT ECONOMIES’
Rapidly digitalising India was ranked 4th in “Break Out Economies” in the third edition of the Digital Evolution Scorecard developed by Tufts University’s Fletcher School in partnership with Mastercard.
China which leads the countries in the “Break Out Economies” group is more evolved digitally due mainly to its combination of rapidly growing demand and innovation.
Third rank Indonesia, and India, which ranks number four in momentum, have displayed increasing digital momentum suggesting the potential to rapidly digitalise for both post-COVID economic recovery and longer-term transformation.
“Break Out Economies” are those that are digitalising very quickly and yet have a lot of room to grow before matching those in the developed economies, such as those in Europe and in more developed Asian countries like Singapore, South Korea, and Hong Kong.
The objective of the study was to help governments, businesses and investors understand what they need to emerge ahead of the competition.
To do this, the researchers analysed 90 economies based on a combination of 160 indicators across four supply key drivers: Supply Conditions, Demand Conditions, Institutional Environment, and Innovation and Change.
A combination of proprietary and public data from more than 45 different databases, as well as analyses conducted by the Fletcher School’s Digital Planet team, was used to explore key questions across the core subject areas.
RBI FORMS WORKING GROUP TO REGULATE DIGITAL FRAUDS
The Reserve Bank of India (RBI) has set up a working group to study digital lending activities of the regulated and unregulated players, due to the growing instances of frauds in digital lending space.
The group will suggest steps to regulate digital lending including online lending platform and mobile lending.
The group will evaluate digital lending activities and assess the penetration and standards of outsourced digital lending activities in RBI regulated entities.
The six-member panel comprises of following four RBI internal and two external members:
- Jayant Kumar Dash, Executive Director, RBI (Chairman)
- Ajay Kumar Choudhary, Chief General Manager-in-Charge, Department of Supervision (Member)
- P Vasudevan, Chief General Manager, Department of Payment and Settlement Systems, RBI (Member)
- Manoranjan Mishra, Chief General Manager, Department of Regulation (Member Secretary)
- Vikram Mehta, Co-founder, Monexo Fintech (External Member)
- Rahul Sasi, Cyber Security Expert & Founder of CloudSEK (External Member)
ARMED FORCES VETERANS DAY:. 14TH JANUARY
In India, the Armed Forces Veterans Day is observed each year on 14 January since 2017 to acknowledge and honour the selfless devotion and sacrifice of our veterans in the service of the nation.
The day was initially called Armistice Day. 2021 marks the 5th Armed Forces Veterans Day.
The day is observed as a mark of respect and recognition of the services rendered by Field Marshal KM Cariappa OBE, the first Indian Commander-in-Chief of the Indian Armed Forces who retired on 14 January 1953.
FIRST ‘FIRE PARK’ TO BE INAUGURATED IN BHUBANESWAR
The Chief Minister of Odisha, Naveen Patnaik virtually inaugurated a first of its kind ‘Fire Park’, to educate and bring awareness on basic fire safety measures among the people, particularly the students.
The ‘Fire Park’ is located inside the premises of the Odisha Fire and Disaster Academy in Bhubaneswar.
The minister also launched an online portal, ‘AgnishamaSeva’ of Odisha Fire Service.
The fire park will facilitate demonstrations on use of first aid fire-fighting equipment, rescue and disaster operations, visit the exhibition hall, screening of films and distribution of leaflets on fire safety.
TESLA SETS UP INDIA’S SUBSIDIARY IN BENGALURU
Elon Musk-owned electric vehicle (EV) company Tesla has registered a fully-owned subsidiary in Bengaluru, Karnataka.
Tesla, the world’s most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country.
Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of the India unit, Tesla India Motors and Energy Pvt Ltd.
The office, situated on Lavelle Road in Bengaluru, is registered with a total paid-up capital of Rs 1,00,000 and authorised share capital of Rs 15 lakh.
- Tesla Founded: 1 July 2003.
- Tesla Headquarters: California, United States.