NATIONAL ADVISORY COUNCIL
Congress biggest opponent of Constitution: PM Modi's scathing attack in Rajya Sabha
Prime Minister Narendra Modi, in a speech to the Rajya Sabha, accused the Congress party of being the "biggest opponent of the Constitution" and criticized it for running a "fake narrative" to mislead the public. He referenced the 1977 elections, fought to protect the Constitution following the Emergency, to counter the opposition's claims about the 2024 elections.
Shivraj Singh Chouhan praises PM-designate Modi ahead of swearing-in ceremony
Former Madhya Pradesh Chief Minister Shivraj Singh Chauhan expressed that it is a great privilege for India that Prime Minister Narendra Modi is being sworn in for the third time, foreseeing the country's development and global leadership under his leadership. Fellow BJP leader Narottam Mishra also hailed the occasion as joyous, criticizing opposition parties for questioning Modi's achievements.
Shivaji's life depicted in 115 paintings at a Delhi exhibition
Mohan, in his address, extolled the Maratha ruler traced the genesis of the exhibition and added that Gore has "agreed to gift" this collection to the Ministry of Culture, and there is a plan to give it a permanent space in Delhi.
Deep tech startup policy likely in forthcoming Budget
The new government may announce the full Budget for 2024-25 in July. An official said that startups have to convert their innovation into intellectual property rights and for that extensive R&D is required.
Deep tech startup policy likely in forthcoming Budget
The commerce and industry ministry may propose a dedicated policy for deep tech startups in the forthcoming Budget, to be announced by the new government. The policy, in final stages, aims to promote innovation and R&D. Voting for the Lok Sabha polls is over, with results on June 4 and a new government taking oath this month.
North Korea fires missile barrage toward eastern waters days after failed satellite launch
North Korea allegedly fired a barrage of short-range ballistic missiles towards the eastern sea. The move drew condemnation from South Korea and Japan amidst heightened tensions on the Korean Peninsula. The launches followed a failed attempt to launch a military reconnaissance satellite. North Korea's actions have been met with strong international criticism as they violate U.N. Security Council resolutions. The North vowed to continue developing its space reconnaissance capabilities despite setbacks.
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Pakistan reports third polio case amid concerns of widespread transmission
The latest victim, a 12-year-old girl from the Kili Malak Haqdad area of Darozai union council in Balochistan's Killa Abdullah district, succumbed to the relentless grip of polio.
PM panel says Muslims are thriving. Math says that’s not true
Muslim population is not rising the fastest, Hindu population growth is not the slowest — this is what an analysis of the dataset used by the advisory panel to the PM shows
Rajnish Kumar, Mohandas Pai to exit Byju’s advisory council
Both Mohandas Pai and Rajnish Kumar had joined the advisory council after the edtech's investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–left the board of the company last year
Hindu population dip nearly 8% between 1950-2015 in India, Muslims surge 43%: PM Economic Advisory Panel's research
A recent working paper by the Economic Advisory Council to the Prime Minister revealed significant demographic shifts in India between 1950 and 2015. While the Hindu population decreased by 7.82%, the Muslim population increased by 43.15%. The paper, titled 'Share of Religious Minorities: A Cross-Country Analysis (1950-2015)', underscores the conducive environment for diversity in the country. The study emphasizes the need for nurturing societal support for better life outcomes for all sections.
Asaduddin Owaisi calls EAC-PM report on Hindu population decline 'Whatsapp university material'
AIMIM leader Asaduddin Owaisi dismissed the Economic Advisory Council to the PM (EAC-PM) report as "from Whatsapp University", questioning its credibility on Hindu population decline. BJP's Amit Malviya criticized Congress for the decline, while UP's Deputy CM blamed the party's Muslim appeasement. EAC data shows varying shifts in India's religious demographics.
Mallika Nadda appointed chairperson of Special Olympics Asia Pacific Advisory Council
As the chairperson of APAC, Mallika Nadda will stand to be a cohesive voice of the entire Special Olympics Asia Pacific region that runs across 34 countries. Nadda would serve as the SO Bharat representative on the APAC where Special Olympics Bharat enjoys a permanent seat. Her term would run for three years, from May 1 2024 until March 31 2027.
US-India Business Council launches AI task force with Meta as co-chair
The US-India Business Council's AI Task Force, co-chaired by Meta, drives cross-sector collaboration in AI. Infosys, UPS, BNY Mellon join the AI Board Advisory Committee to enhance innovation and collaboration, emphasizing responsible AI rollout and strategic industry alignment.
Government asks shipping companies to enhance reporting, tracking mechanism on West Asian routes
Government issues ship security advisories for West Asian routes. Vessels required to enhance reporting, tracking protocols in sensitive zones like Persian Gulf, Strait of Hormuz, Gulf Of Oman, Arabian Sea, and more. Contact Indian Navy in security incidents.
Safety net in works to widen local funding pool for startups
Government is crafting a framework to enable pension funds and insurers to invest in startups, aiming to boost domestic capital. Efforts include redefining startup criteria, educating investors, and potentially expanding existing funding schemes.
NDA vs UPA: Regional inequalities in built-up surface reduced faster in 2015-20 under Modi govt, finds Economic Advisory Council
The study uses the high-resolution daytime satellite imagery data on built-up surfaces at the level of the parliamentary constituency across 2010, 2015, and 2020 to compute the annualized growth rate from 2010 to 2015 (UPA 2) and between 2015 and 2020 (NDA).
FICCI Advisory Council calls Assam Budget 'comprehensive blueprint' for economic revitalization, inclusive growth
The budget's strategic allocations and visionary initiatives are poised to catalyse sustainable development, economic revitalization, and social empowerment across the state, said FICCI Northeast Advisory Council.
Paytm to form group advisory committee to strengthen compliance
The move comes after the Reserve Bank of India’s dictat, barring Paytm Payments Bank from onboarding new customers and offering incremental banking services from March, due to concerns regarding breach of and compliance with regulatory norms.
PM Economic Advisory Council calls for regulating AI via complex adaptive system approach
The Economic Advisory Council to the PM has emphasised the need to regulate artificial intelligence (AI) using a complex adaptive system (CAS) approach. This includes establishing guardrails, partitions, manual overrides, and authorization chokepoints. The council also suggests mandatory audits, liability protocols, and the creation of a specialist regulator for the AI sector. Concerns about uncontrolled AI propagation and its potential risks have led to a demand for regulatory frameworks that ensure safe, ethical, and transparent AI development and deployment.
Former Chief Justice, Judges join advisory council of online dispute resolution institution Presolv360
With the enactment of the new legislation on Mediation and the ongoing review of the Arbitration law, there is a renewed focus on institutional ADR (alternative dispute resolution) in India.
EaseMyTrip cofounder Rikant Pittie nominated to join National Startup Advisory Council
Entrepreneur Rikant Pittie, cofounder of EaseMyTrip.com has been nominated as a non-official member of the esteemed National Startup Advisory Council (NSAC), the company said in a statement.
Govt reconstitutes National Startup Advisory Council
The DPIIT had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.
India performing better than many developed nations on SDGs: Bibek Debroy
According to Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), India is relatively well-performing in achieving Sustainable Development Goals (SDGs) compared to many developed nations.
National Advisory Council was no power centre, advocated people's rights: Sonia Gandhi
Sonia Gandhi talks of the NAC and UPA's commitment to a 'Rights based Paradigm' as 'markets by themselves alone cannot ensure growth that is inclusive' and for which public institutions must intervene, she writes. She also says that the negative perception against the NAC was created only because the chairperson of the NAC happened to be the President of the Indian National Congress.
Coinbase strengthens its global advisory council
Coinbase said the new additions will help its council examine the consequences of regulatory uncertainty for crypto in the United States, including long-term economic and national security impacts.
As global companies chart course for India, FDI set to rise
The UN agency reiterated its recent findings that India is among the top three in greenfield FDI announcements. This suggests that the country may be pulling in fresh global capacity expansion as part of supply chain diversification, a senior finance ministry official told ET. It expects these to translate into higher investment flows by 2024, the official said.
Realty plans near monuments to face banks' scrutiny
The Indian Government has requested banks to exercise caution when lending to property projects in areas adjacent to heritage sites, in response to complaints of unauthorised construction in such locations. Blacklisting of developers who encroach on land near monuments, reporting as fraudulent and facilitating strict action against them by authorities has been advised. More site visits and documentation will be required for such projects by lenders, according to an unnamed bank official.
PM advisory council member Shamika Ravi calls for greater focus on data quality in national surveys
National Sample Survey done by the ministry of statistics and programme implementation over-represents the rural population, the scheduled caste (SC) population, and the working-age (age between 15 and 59 years) population compared to the Census done during the same period, EAC-PM member Shamika Ravi said in a working paper.
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