 According to BCG-IBA Report – EASE Reforms for Public Sector Banks, released by Union Minister of Finance & Corporate Affairs, Punjab National Bank (PNB) secured the top spot among all public sector banks in the implementation of ‘Reforms agenda’. PNB which topped the list with a score of 78.4 out of 100 in the EASE-index was followed by BoB (77.8), SBI (74.6), and Oriental Bank of Commerce (69). The EASE (Enhanced Access and Service Excellence) report has shown significant enhancement in PSB performance on the back of Government’s 4R’s strategy- recognition, recovery, recapitalisation and reforms. The index has measured Banks on 140 objective metrics across 6 themes including customer responsiveness, credit off-take and digitalization. |
| Source: Economic Times |
 Bengaluru-based Signalchip has unveiled semiconductor chips for 4G, LTE and 5G modems. These are first such chips developed in India. All devices and infrastructure in India whether imported or domestically manufactured, currently use imported silicon chips. 4 chips were launched by the SIGNALCHIP as part of its series code-named ‘Agumbe’. They also support positioning using India’s own satellite navigation system NAVIC. |
| Source: Business Standard |
 IRCTC launched its own digital payment aggregator called ‘IRCTC iPay’. With iPay, passengers will not need any third-party platforms as it will provide payment options like credit card, debit card, unified payment interface and international card. This will help reduce the gap between IRCTC and banks which will eventually lead to a substantial reduction in payment failures. The back-end support will be provided by Delhi based MMAD communications, which is IRCTC’s technology partner. |
| Source: Business Standard |
 A National Conference on “Deendayal Disabled Rehabilitation Scheme (DDRS)” was inaugurated by the Union Minister of Social Justice & Empowerment Thaawarchand Gehlot. Mr. Gehlot stated that the “7th Guinness Book of World Record” has been created by the Department of Empowerment of Persons with Disabilities (DEPwD), at Bharuch, Gujarat. ‘Modern Artificial Limbs (Legs)’ were implanted on 260 Divyang jans within 8 hours in Gujarat. DEPwD has already created 6 World Records in other categories. |
| Source: Press Information Bureau |
 IDBI Bank has appointed Hemant Bhargava as non-executive, non-whole timechairman. Bhargava is currently the Chairman (in-charge) and Managing Director of Life Insurance Corporation of India (LIC). The bank stated that Bhargava has been appointed for 3 years or until he continues in his position at LIC. The life insurer is now the majority shareholder in IDBI Bank with a 51%stake. |
| Source: The Money Control |
 Union minister Prakash Javadekar launched ‘Scheme for Higher Education Youth in Apprenticeship and Skills’ (SHREYAS) for providing industry apprenticeship opportunities to fresh graduates. This scheme is a programme basket comprising the initiatives of three central ministries, including the HRD, Ministry of Skill Development and Entrepreneurship, and the Ministry of Labour and Employment. |
| Source: Business Standard |
 The National Youth Parliament Festival 2019 awards were given by Prime Minister Narendra Modi at Vigyan Bhawan, New Delhi. It was organised by the National Service Scheme (NSS) in collaboration with Nehru Yuva Kendra Sangathan (NYKS), under the Ministry of Youth Affairs & Sports. |
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The winners from the national level competition are:
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| The “Khelo India” app, which has been developed by Sports Authority of India was also launched at the event. |
| Source: DD News |
 The Central Zone Power Distribution Company (CZPDC), Bhopal and West Zone Power Distribution Company (WZPDC), Indore were conferred with the “Saubhagya Award” under Pradhan Mantri Sahaj Bijli Har Ghar Yojana at the National Conference of Energy Ministers by the Union Minister of State for Energy, R.K. Singh. The award includes a cash prize of Rs 100 crore each. The PM Sahaj Bijli Har Ghar Yojana- Saubhagya was implemented by the Central Government in September 2017,and intends to provide electricity to all Below Poverty Line (BPL) houses of rural and urban areas. |
| Source: News On AIR |
 The Ministry of Civil Aviation organised a conclave on the theme ‘flying for all’ where more than 200 delegates including industry leaders and regulators deliberated on issues and opportunities in the sector. Civil Aviation Minister Suresh Prabhu stated that the Conclave was about the future of Indian aviation, bringing together industry leaders, government and regulators for setting the tone and propelling us to realize our Vision-2040. |
| Source: Press Information Bureau |
 The 16th edition of BioAsia 2019 Asia’s largest biotechnology and life-sciences forum was conducted in Hyderabad, Telangana. It was inaugurated by the Governor of Telangana E.S.L Narasimhan. The theme of the conference was ‘Life Sciences 4.0 – Disrupt the Disruption’. ‘Life Sciences 4.0: transforming health care in India’ was launched by EY. The report discusses the disruptive impact of the Fourth Industrial Revolution (Industry 4.0) on the health care ecosystem in India. |
| Source: Bioasia.in |
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