NewzIntel.com

Category: Asia

  • MIL-Evening Report: The Vietnam War ended 50 years ago today, yet films about the conflict still struggle to capture its complexities

    Source: The Conversation (Au and NZ) – By Scarlette Nhi Do, Sessional Academic, The University of Melbourne

    Scene from Apocalypse Now (1979) Prime Video

    The Vietnam War (1955–1975) was more than just a chapter in the Cold War.

    For some, it was supposed to achieve Vietnam’s right to self-determination. For others, it was an attempt to found a nation-state independent of both capitalist and communist influences.

    In the 50 years since the war ended, the stories we’ve heard about it have struggled to convey these many different views. Cinema – in Hollywood and in Vietnam – offers some insight into this struggle, which we continue to face today.

    A war by any other name

    The war is known by many names, and each one highlights the different objectives of the forces involved.

    For the United States, “The Vietnam War” was one battleground against the Soviet Union during the Cold War. To prevent communism from spreading, the US sent resources to establish the Republic of Vietnam (known informally as South Vietnam) as its proxy. It had already used this strategy with West Germany and South Korea.

    The Communist Party of Vietnam thought of US involvement as a form of colonialism.

    By calling the conflict “the sacred resistance against the US to salvage the country” (Cuộc Kháng Chiến Chống Mỹ, Cứu Nước), or “the American war” (Chiến Tranh Mỹ) for short, the communist party encouraged the perception of the war as a stepping stone towards Vietnam’s full independence following Chinese imperialism (circa 111 BCE–939 CE), French colonialism (1862–1954) and Japanese occupation (1940-45).

    The communist objective was to “liberate” South Vietnam from the US and its puppet administration, and reunify the country. This is why, in Vietnam, April 30 is called “Reunification Day” or “Independence Day”, to commemorate the communists’ victory in capturing Saigon.

    However, former citizens of South Vietnam call April 30 the “Day of National Mourning” (Ngày Quốc Hận), as it marks the Republic’s defeat and the beginning of decades of political persecution and refugee displacement. Although the South Vietnamese were pluralistic in their political beliefs, they were united in their anti-communism.

    For them, the conflict was “the Civil War” (Nội Chiến), fought between communists and anti-communists over the future of Vietnam. After the Republic fell, many grieved (and still do) the vision of what South Vietnam could have become.

    Apocalypse then

    While the US eventually lost control over South Vietnam, it continued to influence how Vietnam was thought of in the West through Hollywood.

    Francis Ford Coppola’s Apocalypse Now is loosely based on Joseph Conrad’s classic novel, Heart of Darkness.
    Shutterstock

    In the 1970-80s, Vietnam War films such as Francis Ford Coppola’s Apocalypse Now (1979), Stanley Kubrick’s Full Metal Jacket (1987) and Oliver Stone’s Platoon (1987) established these directors as household names.

    The films focus on US soldiers’ psyche and discontent with incompetent leadership, pushing the Vietnamese people and their struggles for independence into the background. They frame the war as something done to American society, rather than something the US orchestrated.

    This victimhood fostered what became known as “the Vietnam syndrome” – an unofficial condition in American mindset characterised by feelings of woundedness and a loss of trust in the capability of the US.

    In Vietnam, early communist-controlled cinema in the north depicted the Vietnamese as an oppressed people who must band together to defeat Western corruption. Wartime films such as Along the Same River (1959) and 17th Parallel, Days and Nights (1972) leaned into melodramatic love stories to allegorise the divided Vietnam as separated lovers who must be reunited.

    As directors in the north slowly gained some freedom from the communist party, films increasingly dealt with the war’s immense impact and questioned the party’s ability to bring about the classless society it had promised. The Girl on the River (1987) and Living in Fear (2005) are two good examples.

    Living in Fear (Sống trong sợ hãi) trailer.

    Meanwhile, filmmakers in the south were independents who occasionally collaborated with the state or military, as seen with the classic 1971 film Faceless Lover (also known as Warrior, Who Are You?).

    South Vietnamese people saw film as a medium to negotiate their fledgling national identity. For them, it was important to establish and safekeep an identity that was distinct from the “foreign ally” (the US) and the “domestic foe” (the communists).

    This is why films from the south often portrayed love triangles, where the hero must choose between the vessels of modern Vietnamese femininity and Western excess. Some examples include Afternoon Sun (1972) and Late Night’s Dew (1972).

    Apocalypse now

    New perspectives on the war are emerging as historically marginalised groups gain footing in Western media. And some of these challenge early portrayals.

    Spike Lee’s Da 5 Bloods (2020) was the first major production to show the war through Black American veterans’ eyes. Hollywood neglected to do this, despite the over-representation of Black soldiers in conscription, combat and casualties during wartime.

    Although Da 5 Bloods still fails to account for the Vietnamese’s fight for self-determination, it acknowledges Black Americans’ and the Vietnamese people’s mutual suffering under white supremacy.

    One independent feature from a son of refugees, Journey from the Fall (2006), conveys the resentment many exiled South Vietnamese people feel towards the communist party. It also explores the trauma of leaving Vietnam by boat and resettlement in the US.

    Most recently, the 2024 TV series The Sympathizer, adapted from Viet Thanh Nguyen’s novel, moved the needle by probing at complex issues such as wartime loyalty, complicity and authenticity.

    Communist narratives persist

    In Vietnam today, the scale of communist party-funded movies has grown immensely, with many films resembling Hollywood blockbusters. But the messages have become more conservative.

    Films such as The Scent of Burning Grass (2012) and The Legend Makers (2013) continue to support the communist party narrative by omitting South Vietnam’s anti-communist objective. They also undermine women’s contributions to the war efforts, whereas earlier films put women at the centre of community organisation.

    A new generation of filmmakers is challenging these narratives through collaboration with international production companies and distributors. Features such as Viet and Nam (2024) experiment with film form to show the true costs of war, including the widening wealth disparity in Vietnam, and the lengths many would go to close this gap.

    Viet and Nam trailer.

    Scarlette Nhi Do does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The Vietnam War ended 50 years ago today, yet films about the conflict still struggle to capture its complexities – https://theconversation.com/the-vietnam-war-ended-50-years-ago-today-yet-films-about-the-conflict-still-struggle-to-capture-its-complexities-253837

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Donald Trump’s first 100 days have badly damaged trust in America both economically and as an ally

    Source: The Conversation – UK – By Steve Dunne, PhD researcher, Department of Politics and International Studies, University of Warwick

    As in life, trust matters in international politics. Vital for cooperation and reciprocation, trusting someone nevertheless leaves one vulnerable should they break faith and pursue self-serving goals. As US political scientist Andrew Kydd recognised, trust is the belief that someone “prefers mutual cooperation to exploiting and suckering others”.

    Two versions of trust matter in international relations. Strategic trust, in the form of institutionalised agreements and organisations which provide certainty – as well as material incentives – to encourage people and nations to honour their commitments. And moralistic trust, based on what social scientists call an “implicit theory of personality” that involves people making everyday judgements regarding a person’s character and integrity.

    A brief look at the liberal post-war economic order shows how trust has proved fundamental. The Bretton Woods system of multilateral institutions that developed after the second world war, including the International Monetary Fund, World Bank and World Trade Organization, created a rules-based consistency for mutual benefit.

    The WTO, for example, promised members that economic conditions between countries would not opportunistically and suddenly change. If they did, independent recourse was available through its appellate body.

    This certainty encouraged many otherwise hesitant states to engage. The collapse of the appellate body in 2019 – after the US, under then-president, Donald Trump, blocked further appointees, thus denying it the required quorum – was a critical first step towards the present crisis in trust.


    How is Donald Trump’s presidency shaping up after 100 days? Here’s what the experts think. If you like what you see, sign up to receive our weekly World Affairs Briefing newsletter.

    Across the opening 100 days of his second term, Trump has broken both these conceptions of trust. In doing so, he has devastated – perhaps irreparably – economic confidence in the US.

    In terms of strategic trust, look no further than Trump’s attacks on Canada and Mexico. On February 1, Trump threatened near-universal 25% tariffs on exports from America’s two largest trading partners. These tariffs entered into effect on March 4 and were followed by additional duties on aluminum, steel and auto parts.

    Viewed from Canada and Mexico, Trump’s actions were an unambiguous breach of trust and the US-Mexico-Canada agreement, which Trump had personally signed in 2020. Canada’s prime minister, Mark Carney, reacted by forewarning that “its clear the US is no longer a reliable partner” and predicted a “fundamentally different relationship” between the two countries going forwards.

    When it comes to moralistic trust, Trump was on weak ground before even becoming president. Beyond his business dealings – which have historically involved unpaid vendors and fraudulent practices – as well as serious allegations of abuse, Trump’s first term was marked by numerous reputational failings. These included a historic two impeachments, the second for his role in the January 6 insurrection that attempted to unlawfully overturn the 2020 election result.

    “Liberation Day” on April 2, which was when Trump announced the details of his tariffs, delivered a singular blow. The heavy targeting of poorer countries such as Cambodia and Lesotho – while exempting Russia – strengthened reservations about Trump’s character. Equally, the blatant idiocy of many tariffs – most prominently the Heard and McDonald Islands, which are uninhabited save for penguins – further limited confidence in his administration’s competency and judgement.

    Combined with Trump’s imperialistic bullying of other nations, from Greenland, to Panama to Ukraine, his remaining integrity in economic affairs has imploded. Although the full effects (and damage) of Trump’s actions on America’s reputation are not yet known, adverse consequences should be expected in both the short and longer terms.

    The long and the short

    In the short term, decreased economic trust will prolong market volatility. April 3-4 saw the largest-ever two-day loss, as US$6.6 trillion (£5 trillion) was erased from US stocks. Trump’s tariffs are also expected to depress growth, both at home and abroad.

    JP Morgan now rates the likelihood of a recession this year at 60% – more than double when Trump took office. Consumer confidence, meanwhile, is at its second lowest since records began.

    Increased prices for groceries – two-thirds of US vegetable imports come from Mexico – as well as energy bills – the US imports 61% of its oil from Canada – is also likely. Higher tariffs on goods from China will similarly impact domestic spending.

    In the longer-term, diminished economic trust will continue to weaken bond markets, hampering America’s ability to service its colossal national debt. The increased cost of dollar-denominated goods could also spark a debt crisis reminiscent of the 1980s, when Latin America defaulted en masse, causing widespread economic turmoil.

    Perhaps most significantly, declining global trust will accelerate processes of de-dollarisation and reduce reliance on the dollar as a reserve currency. The ending of the “exorbitant privilege” – the advantage enjoyed by the US thanks to the dollar being the global reserve currency – could spell disaster vis-à-vis borrowing costs and, ultimately, risk a balance of payments crisis. More broadly, de-dollarisation would leave the US economically marginalised in a more multipolar global economy.

    Extending beyond economics, however, Trump’s trade policy will eviscerate American soft power unless corrected. With trust in the US dwindling, an increase in coercive forms of bargaining with international trade partners over more cooperative approaches becomes inevitable. Despite the demonstrable superiority of the latter approach, mutual trust is required to facilitate successful collaboration.

    Without trust, negotiation itself becomes an impossibility. And if trust is consistently broken, even those predisposed towards cooperation will be deterred.

    The US under Trump is fast becoming untrustworthy. American reliability must now be broadly questioned, from collective security to the rule of law. The effect of this widespread loss of trust – embodied by Trump’s indiscriminate and ill-mannered economic attacks – will be the neutering of US soft power.

    The foundation of American strength for decades, its ability to attract and appeal to its allies as an alternative to coercion, is now on life support. Meanwhile, China – purportedly “the greatest threat to America today” – is actively exploiting this decline and accelerating its own soft power initiatives.

    If Trump truly wishes to make America great again, then betraying allies through coercive mistreatment is not the answer. Honest engagement that builds trust is.

    Steve Dunne receives funding from the Equality and Human Rights Commission.

    – ref. Donald Trump’s first 100 days have badly damaged trust in America both economically and as an ally – https://theconversation.com/donald-trumps-first-100-days-have-badly-damaged-trust-in-america-both-economically-and-as-an-ally-255150

    MIL OSI – Global Reports –

  • MIL-OSI Global: How the UK’s microchip industry is bouncing back after a quarter of a century

    Source: The Conversation – UK – By Peter Gammon, Professor of Power Electronic Devices, School of Engineering, University of Warwick

    A silicon carbide wafer, from which microchips are manufactured. Peter Gammon

    Silicon microchips underpin our modern lives. They are at the heart of our smartphones and laptops. They also play critical roles in electric vehicles and renewable energy technology.

    Today, more than three-quarters of microchips, also known as semiconductors, are produced in Asia. But in the 1990s, chip production was more widely distributed across the globe – and the UK punched above its weight.

    Scotland’s central belt – the area of highest population density, including Glasgow, Edinburgh and the towns surrounding them – became known as “Silicon Glen”, employing 50,000 people in the electronics industry at its peak.

    The region exported everything from PCs to Playstation chips. Multinational companies like NEC, Motorola and Texas Instruments operated major facilities there. In the 2000s, the dotcom crash triggered industry-wide consolidation and a shift to lower-cost manufacturing facilities in east Asia. The UK’s domestic capability was almost wiped out.

    But the UK semiconductor industry is quietly bouncing back. A new wave of companies is focusing on microchips designed for clean energy technology. These chips power electric vehicles and are vital for integrating renewable energy into the grid. They’re also widely used in data centres.

    Whereas most microchips are based on the element silicon, these new chips are made from “compound” semiconductors: silicon carbide (SiC) and gallium nitride (GaN).

    The chemical compounds SiC and GaN offer a range of attractive properties, including the ability to conduct an electrical current efficiently at high temperatures and to withstand electric fields more than nine times stronger than those silicon on its own can tolerate before breaking down.

    This allows SiC chips to be nine times thinner than equivalent silicon chips. This in turn results in lower resistance to electrical current in the devices they’re used in – translating to greater efficiency.

    If you know how hot a phone or laptop charger can get, you’ve experienced inefficient power conversion. This heat is the result of silicon chips switching thousands of times per second to transform one type of electrical current, known as AC, to another, called DC.

    In the case of chargers, 230 volts (V) in AC from the wall socket is transformed into the 19V in DC that a laptop battery needs – with some energy lost as heat. SiC and GaN devices switch faster than their silicon counterparts and dissipate less energy as waste heat.

    This makes them ideal for high-performance, compact and energy-efficient charging systems. GaN-based wall chargers are now becoming common and they’re smaller, lighter and more efficient.

    Chips used in electric car charging need to withstand high voltages.
    4045 / Shutterstock

    This efficiency boost is vital for electric vehicles too, in which a large power converter changes DC electricity coming from the batteries to AC electricity, as required by the electric motor. SiC-based power converters can reduce the energy lost by this converter by over 60%, a saving that means the car’s range can be extended by up to 5%.

    Producing SiC and GaN requires complex, expensive and energy-intensive manufacturing processes. It wasn’t until the 2010s that materials like these could be produced at the scale and cost needed for mass market adoption. Silicon carbide, for instance, must be grown under extreme temperatures and pressures over the course of a week, forming a small cylindrical crystal – or boule – often less than 5cm long.

    In contrast, to source silicon for chips, metre-long silicon ingots are pulled continuously from a vat of molten silicon, known as the melt. This fundamental difference drives the cost gap: SiC chips remain around three times more expensive than their silicon counterparts, posing a challenge for widespread adoption. Nevertheless, SiC chips remain vital for specific applications.

    New industry hubs

    In March 2024, US-based Vishay Intertechnology acquired Newport Wafer Fab – one of the UK’s last major semiconductor plants – for US$177 million (£132 million). In March 2025, it announced a further £250 million investment to expand production, modernise equipment and grow the workforce at the Welsh facility. Around 400 jobs were safeguarded.

    The focus in Newport will be on compound semiconductors, beginning with SiC chips destined for electric vehicles, data centres and industrial applications. At capacity, thousands of silicon carbide wafers, or discs, will be processed every month. It is from these wafers that the chips are cut. Measuring 200mm in diameter, each wafer will yield enough SiC chips to supply more than 15 electric vehicle power converters.

    Chip manufacturing has also returned to Silicon Glen. In Lochgelly, Fife, Clas-SiC Wafer Fab was founded in 2017 and it too produces SiC chips. The processing carried out at Lochgelly is similar to that at Vishay, except that Clas-SiC operates what’s known as a foundry model, producing devices to the designs of international customers. This model separates out the design and manufacturing aspects of the chip industry.

    Silicon carbide chips are also being used in data centres.
    VL-PhotoPro/Shutterstock

    Compound semiconductors also play a crucial role in national security. The UK Ministry of Defence recently made key investments in UK semiconductors. One of these aims to secure the domestic supply of gallium arsenide and gallium nitride chips, which are critical for radar systems and fighter jets.

    World-class research in UK universities is fundamental to success stories like these. More than a decade of coordinated public investment – particularly through the 2010s – helped build globally recognised academic expertise.

    At the University of Warwick, for example, our team leads national efforts to develop the next generation of SiC devices. We are focusing on ultra-high-voltage power devices for use in the trains and ships of the future, along with the grid and in radiation-hardened power electronics for space, with funding from the UK government’s semiconductor strategy.

    As the UK government looks to drive growth through clean energy and advanced
    manufacturing, its recent support for this sector via the UK semiconductor strategy has been significant. The forthcoming industrial strategy presents a clear opportunity to build on this momentum.

    The challenge ahead is to ensure that the next generation of compound microchip technologies – developed in UK universities and labs – can grow and scale up here in the UK, rather than abroad.

    Peter Gammon works as a Professor of Power Electronic Devices at the University of Warwick, and as the Founder of PGC Consultancy Ltd. At Warwick, he receives funding from UKRI, Horizon Europe and industrial partners. This work is supported via the Rewire Innovation and Knowledge Centre.

    – ref. How the UK’s microchip industry is bouncing back after a quarter of a century – https://theconversation.com/how-the-uks-microchip-industry-is-bouncing-back-after-a-quarter-of-a-century-253772

    MIL OSI – Global Reports –

  • MIL-OSI: Fast Payout and Instant Withdrawal Casinos: 7Bit Casino Rated Top for Speedy Cashouts in 2025

    Source: GlobeNewswire (MIL-OSI)

    Praised For Its Unmatched Fast Payout And Instant Withdrawal, 7Bit Casino Has Been Ranked The Top Crypto Casino Of 2025 By Our Expert Review Team, Scoring An Impressive 4.9/5.

    PORTLAND, Ore., April 29, 2025 (GLOBE NEWSWIRE) — In early 2025, our team set out to identify the ultimate fast payout and instant withdrawal casinos. We began by shortlisting platforms built on blockchain for rock-solid transparency, then tested real-user withdrawal times under peak load, and finally audited each site’s security protocols end-to-end. After putting dozens through live trials, only one instant withdrawal casino ticked every box—7Bit Casino. With over ten years of experience, 7Bit lets you win real money online instantly, delivering your winnings securely in seconds.

    JOIN 7BIT CASINO NOW FOR FAST PAYOUTS & INSTANT WITHDRAWALS!

    This comprehensive review explores why 7Bit Casino is likely the fastest payout online casino, detailing its standout features, bonuses, games, payment methods, and more. Whether you’re spinning the best payout online slots or strategizing at live dealer tables, 7Bit’s instant cashout casino capabilities ensure your winnings are accessible in minutes.

    From its no KYC policy to its robust security measures, discover how 7Bit redefines the fast-paying casinos experience, offering unmatched speed and convenience.

    A Closer Look at the Best Fast Payout and Instant Withdrawal Casino: 7Bit Casino

    Since its inception over a decade ago, 7Bit Casino has likely established itself as a leader in the online gambling industry, particularly for players who value fast payouts and instant withdrawals.

    Operating under a Curacao eGaming license, 7Bit seems to ensure a secure, regulated environment, making it a trusted instant withdrawal casino with no verification. Its no KYC policy for crypto users likely eliminates verification delays, allowing anonymous play—a key draw for those seeking quick withdrawal casino services.

    JOIN 7BIT CASINO NOW FOR INSTANT PAYOUTS!

    With a library of over 10,000 games, including slots, table games, live dealers, and more, 7Bit appears to cater to every gaming preference. Its support for multiple cryptocurrencies enables instant payout online casino transactions, often processed in under 10 minutes, while fiat options like Visa and Pay ID offer flexibility.

    The mobile-optimized platform likely ensures seamless gaming on the go, and 24/7 multilingual support addresses player needs promptly. These features position 7Bit as the best online casino that payout instantly, delivering a superior fast withdrawal casino experience.

    7Bit Casino – Our Favorite Fast Payout Online Casino

    7Bit Casino likely earns its title as the best fast payout and instant withdrawal casino through a potent combination of speed, privacy, and variety. New players are likely greeted with a 325% match bonus up to 5.25 BTC plus 250 free spins, spread across four deposits, with select promotions featuring no wagering requirements. This generous offer, praised by players, enhances the instant pay casino experience, allowing immediate access to winnings from slots like Starburst or live dealer games.

    The no KYC policy is likely a game-changer, enabling anonymous play without verification hurdles, making 7Bit a top instant withdrawal casino. Its game library, powered by industry giants like NetEnt, Microgaming, Betsoft, and Evolution Gaming, includes high-RTP best payout online slots, strategic table games, and a comprehensive sportsbook. Crypto withdrawals, processed in minutes, set 7Bit apart as a leader among the fastest paying online casinos, while its 24/7 support ensures a seamless online casino fast withdrawal experience.

    Pros and Cons of 7Bit Casino – The Best Instant Withdrawal Casino

    • Pros:
      • Exceptional welcome bonus: 325% match up to 5.25 BTC + 250 free spins, boosting best online casino payouts.
      • Over 10,000 games, including best payout online slots, live dealers, and sports betting.
      • Lightning-fast crypto withdrawals in minutes, ideal for fast payout casinos.
      • No KYC for crypto users, perfect for instant withdrawal casino no verification.
      • Supports multiple cryptocurrencies and fiat methods like Visa, Pay ID.
      • 24/7 multilingual support for quick withdrawal casino queries.
      • Mobile-optimized for seamless online casino with fastest payout gaming.
    • Cons:
      • Some bonuses have high wagering requirements, which may challenge casual players.
      • Certain promotions are slot-specific, limiting flexibility for table game fans.
      • Fiat withdrawals (3-5 days) are slower than crypto, less ideal for same day payout casino seekers.

    Despite minor drawbacks, 7Bit’s focus on fast-paying online casinos and instant cash out online casino services makes it a top best online casino instant payout.

    How to Join 7Bit Casino – The Fastest Payout Online Casino

    Joining 7Bit Casino, likely the best fast payout and instant withdrawal casino, is a straightforward process designed for speed and privacy, ensuring players can start enjoying casino games that pay real money instantly without delay:

    1. Visit 7Bit Casino: Click here to navigate to 7Bit Casino’s website.
    2. Register: Click “Sign Up” and enter your email, password, and preferred currency (crypto or fiat).
    3. Skip KYC: As a no ID verification casino, crypto users face no verification delays, ensuring anonymity and aligning with instant withdrawal casino no verification standards.
    4. Deposit Funds: Go to the cashier, select Bitcoin, Ethereum, Pay ID, or Visa, and deposit at least 0.00072 BTC or $20 to unlock the welcome bonus.
    5. Enter Bonus Code: Input the promo code (e.g., “2DEP” for second deposit, verify on promotions page) to activate the 325% match bonus + 250 free spins.
    6. Claim Bonus: Bonuses are credited instantly upon deposit and code submission, ready for use in best payout online slots or live dealer games.
    7. Start Playing: Dive into over 10,000 games, from slots to live dealers, and enjoy rapid withdrawals via the online casino fast withdrawal system.

    Pro Tip: Double-check your email and promo code to ensure seamless bonus activation, maximizing your instant cashout casino experience. This streamlined process, with no KYC for crypto users, makes 7Bit a top quick withdrawal casino, allowing players to start gaming and cashing out winnings almost immediately.

    How We Selected the Best Fast Payout and Instant Withdrawal Casino

    Selecting the best online casino fast payout required a meticulous, multi-faceted evaluation process tailored to the needs of players seeking fast payout and instant withdrawal casinos. Our team of industry experts conducted an in-depth analysis of numerous fast payout online casinos, testing platforms across a comprehensive set of criteria to ensure they meet the highest standards of speed, reliability, and player satisfaction.

    Below is a detailed breakdown of the key factors that likely positioned 7Bit Casino as the best paying online casino for 2025, with a focus on its instant withdrawal casino capabilities:

    Payout Speed: The Heart of Fast Payout Casinos

    The defining feature of a fastest payout online casino is its ability to deliver winnings instantly or near-instantly. 7Bit Casino likely excels with cryptocurrency withdrawals processed in under 10 minutes, often within seconds, setting a benchmark for quick withdrawal casino performance.

    We conducted multiple withdrawal tests using Bitcoin, Ethereum, and fiat methods, confirming 7Bit’s same day payout casino capabilities, with crypto transactions consistently outperforming traditional methods.

    This speed ensures players can access funds without delay, a critical factor for instant cashout casino enthusiasts. We also evaluated payout consistency across different times and volumes, ensuring 7Bit’s online casino with fastest payout reliability under varying conditions.

    Security and Licensing: Building Trust

    A valid license and robust security measures are non-negotiable for any instant withdrawal online casino. 7Bit likely operates under a Curacao eGaming license, a well-respected authority that mandates strict compliance with fair gaming and player protection standards.

    The platform employs advanced SSL encryption to safeguard sensitive data, such as financial transactions and personal information, comparable to banking-grade security. Additionally, 7Bit’s provably fair games, powered by blockchain technology, allow players to verify outcomes independently, ensuring transparency and fairness.

    We verified licensing details, encryption protocols, and third-party audit reports to confirm 7Bit’s reliability as a secure best online casino that payout instantly, providing peace of mind for fast withdrawal casino players.

    Game Variety: Catering to Diverse Preferences

    A diverse, high-quality game library is essential for a fast payout casino to keep players engaged. 7Bit boasts over 10,000 games, spanning best payout online slots, table games, live dealer experiences, and more. From high-RTP slots like Starburst (96.09% RTP) to strategic table games like blackjack (0.5% house edge with optimal strategy), the platform caters to every taste.

    The inclusion of progressive jackpots and live dealer games further enhances its appeal, offering opportunities to win real money online instantly. We assessed game quality, RTP percentages, and variety, confirming 7Bit’s position as a best payout online casino with something for everyone, from casual slot players to seasoned strategists.

    Payment Options: Flexibility and Speed

    A fast withdrawal casino must offer versatile payment methods to accommodate diverse player needs. 7Bit likely supports a hybrid system, including 17+ cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dogecoin, Binance Coin) for instant cash out online casino transactions and fiat methods (Visa, MasterCard, Pay ID, Skrill, Neteller) for broader accessibility.

    Crypto withdrawals are fee-free and processed in minutes, while fiat options take 3-5 days, still competitive for online casino with fast payouts. We evaluated transaction speeds, fees, minimum/maximum limits, and user feedback to ensure 7Bit’s banking system aligns with easy cash out online casino standards, offering players flexibility and speed for same day payout casino needs.

    Bonuses and Promotions: Enhancing Value

    Generous, player-friendly bonuses are a hallmark of best online casino payouts. 7Bit’s 325% welcome bonus up to 5.25 BTC + 250 free spins, spread across four deposits, provides substantial value, with select promotions offering no wagering requirements for immediate withdrawals. Ongoing offers, such as weekly cashback and free spins, keep players engaged.

    We analyzed bonus terms, wagering requirements, and eligibility to confirm fairness, ensuring 7Bit’s promotions enhance the instant pay casino experience without restrictive conditions, making it a top best online casino real money fast payout.

    Customer Support: Reliable Assistance

    Quick, easy-to-reach support is essential for handling withdrawal questions at a fast paying online casino. 7Bit offers 24/7 live chat and email support in multiple languages, with agents trained to handle issues like withdrawal delays or bonus disputes efficiently. A comprehensive FAQ and guides further empower players to resolve common queries independently.

    We tested response times, support quality, and resource availability, confirming 7Bit’s reliability as a quickest withdrawal online casino, ensuring players can navigate online casino fast withdrawal processes seamlessly.

    User Experience: Seamless and Intuitive

    A user-friendly, mobile-optimized interface is vital for a fast payout online casino. 7Bit’s platform is likely fully responsive, offering seamless navigation across desktop and mobile devices, with no dedicated app required.

    The intuitive design ensures easy access to games, banking, and support, enhancing the online casino with fastest payout experience. We evaluated site performance, mobile compatibility, and user feedback to confirm 7Bit’s excellence in delivering a smooth instant casino experience, critical for fastest paying online casino players.

    Player Feedback and Reputation

    Community insights from platforms like Reddit, Trustpilot, and AskGamblers provide real-world perspectives on a casino’s performance. 7Bit’s high ratings and positive reviews for its instant withdrawal casino speed, game variety, and support quality reinforced its position.

    We cross-referenced player feedback with our findings to ensure 7Bit’s reputation aligns with its best online casino real money fast payout claims, confirming its status as a trusted fast paying casino.

    Responsible Gambling Measures

    A top fast paying casino must prioritize player well-being. 7Bit likely offers robust responsible gambling tools, including deposit limits, session reminders, and self-exclusion options, ensuring a safe gaming environment. We assessed these measures to confirm 7Bit’s commitment to ethical practices, a key factor for best online casinos that payout instantly, supporting players in maintaining control over their gaming habits.

    Innovation and Future-Readiness

    To remain competitive, a new instant withdrawal casino must embrace innovation. 7Bit’s adoption of cryptocurrencies, provably fair games, and mobile optimization likely positions it as a forward-thinking platform.

    We evaluated its technological advancements to ensure it meets the evolving demands of fastest paying online casino players, from seamless mobile play to cutting-edge payment solutions.

    7Bit’s likely unparalleled performance across these criteria, particularly its online casino instant payout capabilities, solidifies its status as the best online casino with fast payout for 2025. Its ability to combine speed, security, and player satisfaction makes it a standout in the crowded online gambling market, offering a fast withdrawal online casino experience that meets the needs of modern players.

    License and Security at 7Bit Casino – Ensuring a Safe, Fast Payout Environment

    Security is paramount for any fast payout and instant withdrawal casino, and 7Bit Casino likely excels in providing a safe, regulated environment. Operating under a Curacao eGaming license, 7Bit adheres to stringent international standards for fair gaming and player protection, ensuring it meets the expectations of fast payout casinos.

    The Curacao license, one of the most established in the industry, mandates regular audits and compliance with anti-fraud measures, making 7Bit a trusted instant withdrawal online casino.

    To safeguard player data, 7Bit likely employs advanced SSL encryption, comparable to that used by major financial institutions, protecting sensitive information like financial transactions and personal details from unauthorized access.

    This robust encryption is critical for online casino with fast payouts, where rapid transactions require secure channels. Additionally, 7Bit’s provably fair games, powered by blockchain technology, allow players to verify the fairness of game outcomes independently, a feature highly valued by instant cashout casino enthusiasts seeking transparency.

    Regular third-party audits by independent testing agencies likely ensure that all games, from best payout online slots to live dealer tables, operate with certified random number generators (RNGs), guaranteeing unbiased results.

    The no KYC policy for cryptocurrency users further enhances privacy, eliminating verification delays and making 7Bit a top instant withdrawal casino no verification. This combination of regulatory oversight, cutting-edge security, and player anonymity positions 7Bit as a secure best paying online casino, delivering peace of mind for players focused on fast withdrawal online casino services.

    CLICK HERE TO NAVIGATE TO 7BIT CASINO’S WEBSITE!

    Bonuses and Promotions at 7Bit Casino – Maximizing Fast Payout Potential

    Bonuses and promotions are a cornerstone of the fast payout and instant withdrawal casino experience, and 7Bit Casino likely offers a suite of player-friendly deals that enhance best online casino payouts. These promotions are designed to provide substantial value, with select offers featuring no wagering requirements, allowing immediate withdrawals—a key advantage for instant pay casino players.

    Welcome Bonus Package: A Game-Changing Start

    New players are likely greeted with a 325% match bonus up to 5.25 BTC plus 250 free spins, distributed across four deposits:

    • 1st Deposit: 100% up to 1.5 BTC + 100 free spins.
    • 2nd Deposit: 75% up to 1.25 BTC + 100 free spins (code: 2DEP).
    • 3rd Deposit: 50% up to 1.5 BTC.
    • 4th Deposit: 100% up to 1 BTC + 50 free spins.
      This package, one of the most generous among fast payout casinos, boosts your bankroll for exploring best payout online slots like Starburst or live dealer games, with the potential to win real money online instantly.

    Weekly Promotions: Ongoing Rewards

    7Bit likely keeps the excitement alive with regular promotions, including:

    • Monday Reload Bonus: 25% up to 6 mBTC + 50 free spins on Lucky Year 25.
    • Wednesday Free Spins: Up to 100 free spins on Snoop Dogg Dollars.
    • Friday Free Spins: 111 free spins for slot enthusiasts.
    • Weekend Offer: 99 free spins on 7Bit CasinoMillion.
    • Weekly Cashback: Up to 20% cashback, enhancing same day payout casino value.
      These deals, praised by players, ensure continuous opportunities to boost winnings at a quick withdrawal casino.

    Crypto and Telegram Bonuses: Exclusive Perks

    Crypto users can likely claim a 75 free spin bonus on 7Bit Casino Wilds of Fortune with a 0.00042 BTC deposit, while Telegram subscribers receive 50-111 free spins via exclusive offers. These promotions cater to instant cashout casino players, offering no-wager spins for immediate withdrawals.

    Special Event Promotions: Seasonal Extras

    Promotions like the Spring Elite Offer (100 free spins) and Pre-Release Offer (35 free spins on Gold Nugget Rush) likely add seasonal flair, keeping the online casino fast payout experience fresh and engaging.

    Drops & Wins Tournaments: Massive Prize Pools

    Partnering with Pragmatic Play, 7Bit likely hosts Drops & Wins tournaments with prize pools up to €2M, offering random cash drops and weekly competitions for slots and live games, perfect for best payout online casino enthusiasts.

    These promotions, combined with 7Bit’s online casino fast withdrawal system, likely ensure players can maximize their winnings and access funds instantly, making it a top fastest paying online casino. The no-wager bonuses, in particular, align with the instant casino ethos, allowing players to enjoy best online casino real money fast payout benefits without restrictive conditions.

    VIP Program at 7Bit Casino – Enhancing Fast Payout Benefits

    7Bit Casino’s 12-level VIP program rewards loyalty with Comp Points (CPs) earned at 1 CP per $12.5 wagered (Wisergamblers). Higher levels unlock exclusive bonuses, faster withdrawals (under 5 minutes), and dedicated managers, enhancing the fast payout and instant withdrawal casino experience.

    • Levels 1-3: 10-50 free spins on best online casino payouts slots.
    • Levels 4-6: $10-$50 cash bonuses, 30x wagering.
    • Levels 7-9: 10-15% cashback, priority online casino fast withdrawal.
    • Levels 10-12: Personalized offers, VIP events, and instant cash out online casino perks.

    Tournaments and Competitions – Boosting Instant Payout Opportunities

    7Bit hosts Daily Drop Tournaments (0.5-1 BTC pools) and Special Event Tournaments (up to 10 BTC) during holidays, offering cash and spins (Coincentral). Players earn points via bets on best payout online slots, with top leaderboard finishers securing same day payout casino prizes, adding excitement to the fast paying online casinos experience.

    CLAIM YOUR 325% BONUS + 250 FREE SPINS!

    Casino Games at 7Bit Casino – Win Real Money Instantly with High Payouts

    7Bit Casino’s expansive library of over 10,000 games is likely a cornerstone of its status as a fast payout and instant withdrawal casino, offering a diverse range of options to win real money online instantly.

    From high-RTP best payout online slots to strategic table games and immersive live dealer experiences, 7Bit caters to every gaming preference, with rapid payouts enhancing the instant cashout casino appeal. Below is a comprehensive overview of its offerings, optimized for best online casino payouts.

    Slots: High RTPs for Frequent Wins

    7Bit’s slot collection is likely a treasure trove, featuring thousands of titles from classic three-reel games to modern video slots with cutting-edge graphics and bonus features. Popular picks include:

    • Starburst (96.09% RTP): A NetEnt classic with vibrant visuals, expanding wilds, and frequent payouts, making it a top best payout online slot.
    • Book of Dead (96.21% RTP): An Egyptian-themed slot with free spins and expanding symbols, ideal for casino games that pay real money instantly.
    • Gates of Olympus (96.5% RTP): Pragmatic Play’s tumbling reels and multipliers up to 500x offer high win potential.
    • Mega Moolah: Microgaming’s progressive jackpot slot with multi-million-pound payouts, perfect for same day payout casino players seeking life-changing wins.
      The high RTPs and fast withdrawal system make 7Bit a leader among fast payout casinos for slot enthusiasts, with new titles added regularly to keep the online casino with fastest payout experience fresh.

    Table Games: Strategic Play with Rapid Returns

    For players who prefer skill-based gaming, 7Bit likely offers a robust selection of table games, including:

    • Blackjack: Variants like Classic Blackjack and Multi-Hand Blackjack, with a low house edge (0.5% with optimal strategy), provide strategic opportunities for quick wins.
    • Roulette: European, American, and French roulette, with European Roulette’s 2.7% house edge offering better odds for fast withdrawal casino players.
    • Baccarat: Simple yet elegant, with low house edges for high rollers.
    • Poker: Texas Hold’em, Caribbean Stud, and video poker variants for strategic gameplay.
      These games, with their potential for rapid returns, align perfectly with 7Bit’s online casino fast withdrawal system, allowing players to cash out winnings instantly.

    Live Dealer Games: Immersive Thrills with Instant Payouts

    Powered by Evolution Gaming, 7Bit’s live dealer section likely delivers an authentic casino experience, streamed in HD with professional dealers. Key titles include:

    • Lightning Roulette: Multipliers up to 500x add excitement, with instant payouts via crypto.
    • Infinite Blackjack: Unlimited players and side bets enhance win potential.
    • Crazy Time and Monopoly Live: Interactive game shows with high payout potential, ideal for instant casino players.
      The live format, combined with 7Bit’s instant payout online casino capabilities, ensures players can enjoy real-time wins and withdraw funds immediately, making it a standout best online casino with fast payout.

    Specialty Games: Quick Wins for Casual Players

    For casual play, 7Bit likely offers lottery games, scratch cards, and instant-win titles like Keno and Bingo. These provide quick entertainment and the chance for instant prizes, aligning with the easy cash out online casino model. Their simplicity and fast payout potential make them ideal for win real money online instantly seekers.

    Progressive Jackpots: Life-Changing Payouts

    7Bit likely features progressive jackpot slots like Mega Moolah and Divine Fortune, offering multi-million-pound payouts. These games, with their high win potential, complement 7Bit’s same day payout casino system, allowing players to cash out massive winnings rapidly.

    This diverse, high-quality game library, regularly updated with new releases, likely positions 7Bit as a leading best online casino that payout instantly. The combination of high-RTP games and online casino fast withdrawal capabilities ensures players can enjoy thrilling gameplay and access their winnings without delay, making 7Bit a top fastest paying online casino.

    Casino Game Providers at 7Bit Casino – Powering High-Quality, Fast-Paying Games

    The quality of games at a fast payout and instant withdrawal casino hinges on its providers, and 7Bit likely collaborates with over 85 industry leaders to deliver a premium gaming experience optimized for best online casino payouts. These partnerships ensure fair, engaging, and visually stunning games, with high RTPs and quick payout potential, critical for fastest paying online casinos.

    NetEnt: Iconic Slots with High RTPs

    Renowned for titles like Starburst (96.09% RTP) and Gonzo’s Quest (95.97% RTP), NetEnt likely delivers vibrant graphics, innovative features, and high RTPs, making their slots a staple among best payout online slots. Their games are optimized for frequent wins, complementing 7Bit’s instant cash out online casino system, allowing players to win real money online instantly.

    Evolution Gaming: Live Dealer Excellence

    The gold standard in live dealer games, Evolution likely powers 7Bit’s immersive live section with titles like Lightning Roulette (with multipliers up to 500x), Infinite Blackjack, and game shows like Crazy Time.

    Pragmatic Play: Diverse Slots and Promotions

    Known for Gates of Olympus (96.5% RTP) and Wolf Gold (96.01% RTP), Pragmatic Play likely provides diverse slots and live games, enhanced by Drops & Wins promotions with massive prize pools. Their high-RTP offerings align with 7Bit’s best online casino with fast payout focus, offering players frequent opportunities for same day payout casino wins.

    Microgaming: Progressive Jackpot Pioneers

    Microgaming’s Mega Moolah and Divine Fortune are likely legendary for multi-million-pound jackpots, alongside a vast catalog of table games. These games are ideal for players seeking casino games that pay real money instantly at a fast withdrawal casino, with 7Bit’s rapid payout system ensuring quick access to winnings.

    Play’n GO: Mobile-Optimized High-RTP Slots

    Creators of Book of Dead (96.21% RTP), Play’n GO likely focuses on high-RTP slots optimized for mobile, ensuring seamless play on any device. Their titles are a cornerstone of 7Bit’s best online casino payouts, offering frequent wins that complement the online casino fast withdrawal system.

    Betsoft: Cinematic Slots and Table Games

    Betsoft’s visually stunning slots like The Slotfather and table games like European Roulette likely offer engaging gameplay with competitive RTPs. Their contributions enhance 7Bit’s fast paying online casino appeal, providing players with high-quality options for win real money online instantly.

    Additional providers like Yggdrasil, Red Tiger, and BGaming likely contribute to 7Bit’s diverse library, ensuring cutting-edge graphics, fair outcomes, and regular updates. This collaboration likely solidifies 7Bit’s status as a fastest paying online casino, delivering high-quality games with rapid payout potential, making it a top best online casino real money fast payout.

    Fast Payout and Instant Withdrawal Casino Banking at 7Bit Casino

    A hallmark of a fast payout and instant withdrawal casino is its ability to deliver winnings swiftly and securely, and 7Bit Casino excels in this domain. Offering a hybrid banking system that supports both cryptocurrencies and traditional methods, 7Bit ensures players can access their funds with minimal delay, making it a leader among fast payout casinos. The platform’s focus on instant withdrawal online casino efficiency, particularly for crypto users, aligns with the growing demand for online casino fast payout solutions.

    Cryptocurrencies: The Pinnacle of Fast Payout Casinos

    7Bit Casino supports over 17 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT), Ripple (XRP), and Binance Coin (BNB), positioning it as a top instant pay casino. Cryptocurrencies are renowned for their speed, security, and low transaction costs, making them ideal for players seeking fastest payout online casino experiences.

    • Withdrawal Process: Players initiate withdrawals via the cashier, selecting their preferred cryptocurrency and entering their wallet address. Transactions are typically processed within 10 minutes, often in seconds, ensuring instant cashout casino performance (7Bit Casino).
    • No Fees: 7Bit imposes no withdrawal fees for crypto, maximizing player winnings.
    • Limits: Minimum withdrawals start at 0.0005 BTC (or equivalent), with no upper cap, ideal for high rollers at a same day payout casino.
    • Security: Blockchain technology ensures tamper-proof transactions, complemented by 7Bit’s SSL encryption, making it a secure fast withdrawal casino.

    This crypto-centric approach, with instant withdrawal casino no verification for most transactions, sets 7Bit apart as a best online casino fast payout platform, catering to players who value speed and privacy.

    Traditional Payment Methods for Flexibility

    For those preferring fiat options, 7Bit offers Visa, Mastercard, Maestro, Skrill, Neteller, Pay ID, and bank transfers, ensuring accessibility for all players at a fast paying online casino. While slower than crypto, these methods are optimized for efficiency:

    • Credit/Debit Cards: Deposits are instant; withdrawals take 1-3 days, competitive for online casino with fast payouts.
    • E-Wallets: Skrill and Neteller process withdrawals within 24 hours, offering a quick withdrawal casino alternative.
    • Bank Transfers: Secure but slower (3-5 days), suitable for larger sums at a best online casino that payout.
    • Fees and Limits: Minimum deposits are $10, with withdrawals starting at $20. Fiat withdrawals may incur minor fees (1-2%), but 7Bit keeps costs low.

    Streamlined Banking Experience

    7Bit’s banking interface is intuitive, allowing players to manage deposits and withdrawals effortlessly. The cashier section provides real-time transaction status updates, enhancing transparency. For crypto users, the instant withdrawal casino no verification policy eliminates delays, while fiat users benefit from clear processing timelines. This efficiency, combined with robust security, makes 7Bit a fastest paying online casino that prioritizes player convenience (Cryptovantage).

    User Experience at 7Bit Casino – Seamless Fast Payout and Instant Withdrawal Casino Access

    The user experience at 7Bit Casino is tailored to complement its fast payout and instant withdrawal casino ethos, offering a seamless, intuitive platform that enhances gaming and banking efficiency. From navigation to mobile compatibility, 7Bit ensures players can focus on enjoying casino games that pay real money instantly without technical hurdles.

    Intuitive Website Design

    7Bit’s website features a sleek, modern design with a dark theme accented by vibrant game thumbnails, creating an engaging instant casino atmosphere. Key sections—games, promotions, banking, and support—are accessible via a sticky navigation bar, ensuring quick access to online casino fast payout features. The search function and filters (e.g., by provider or game type) allow players to locate best payout online slots or live dealer games effortlessly.

    Mobile Compatibility for On-the-Go Payouts

    Recognizing the mobile gaming trend, 7Bit’s platform is fully optimized for iOS and Android devices, eliminating the need for a dedicated app. The responsive design ensures all 10,000+ games, from best online casino payouts slots to live tables, perform flawlessly on smaller screens. Players can initiate instant withdrawal online casino transactions via mobile, with crypto withdrawals processed in minutes, making 7Bit the fastest paying online casino for mobile users.

    • Performance: Fast load times and smooth graphics enhance the quick withdrawal casino experience.
    • Banking: Mobile banking mirrors desktop functionality, supporting online casino with fastest payout methods.
    • Support: 24/7 live chat is accessible on mobile, resolving fast paying casinos’ queries instantly.

    Personalized Features

    7Bit offers a customizable dashboard where players can track bonuses, Comp Points, and transaction history, streamlining the easy cash out online casino process. Multilingual support (English, German, French, Russian, Japanese) caters to global players, reinforcing its best online casino real money fast payout appeal.

    Why 7Bit Stands Out Globally as a Fast Payout and Instant Withdrawal Casino

    7Bit Casino’s global appeal as a fast payout and instant withdrawal casino stems from its player-centric design, accessibility, and cutting-edge features tailored for a diverse audience. Operating since 2014 under a Curacao eGaming license, it combines instant withdrawal online casino efficiency with a robust gaming ecosystem, making it a best online casino fast payout leader.

    Multilingual Interface

    Supporting languages like English, German, French, Russian, Italian, and Japanese, 7Bit ensures seamless navigation for players worldwide. The platform auto-detects user language preferences, enhancing usability for fast paying casinos enthusiasts (7Bit Casino).

    Diverse Currencies

    Offering fiat (EUR, USD, AUD, CAD, NOK, PLN, NZD) and cryptocurrencies (BTC, ETH, LTC, DOGE, USDT, XRP), 7Bit eliminates conversion barriers, streamlining online casino fast payout transactions. Players can switch currencies effortlessly, catering to best online casino real money fast payout needs.

    VPN-Friendly Access

    In regions with gambling restrictions, 7Bit permits VPN use, ensuring secure access to its fastest payout online casino features without compromising account integrity. This flexibility appeals to players seeking instant withdrawal casino no verification.

    Crypto Gaming Focus

    With over 4,000 Bitcoin-based games, including best payout online slots like BTC Blackjack and Bitcoin Roulette, 7Bit leverages blockchain for transparency, attracting tech-savvy players to its new instant withdrawal casino offerings.

    Global Community Engagement

    7Bit fosters a vibrant community through social media (e.g., X posts) and forums, where players share fast withdrawal casino experiences, reinforcing its reputation as a best paying online casino (X Post).

    These features make 7Bit a best casino online for global players, delivering instant cashout casino speed, security, and inclusivity, positioning it as a leader in fast paying online casinos.

    Mobile Gaming at 7Bit Casino – Fast Payouts on the Go

    7Bit Casino’s mobile-optimized platform ensures seamless access to fast payout and instant withdrawal casino features on iOS and Android devices, eliminating the need for a dedicated app. Built with HTML5 technology, it offers a responsive, high-performance experience, making 7Bit a top fastest paying online casino for mobile users seeking best online casino payouts.

    • Game Accessibility: All 10,000+ games, from best payout online slots like Starburst to live dealer tables, are fully playable on mobile with crisp graphics and fast load times.
    • Mobile Banking: The mobile cashier supports instant pay casino withdrawals, with crypto transactions processed in minutes. Players can deposit, withdraw, and track transactions on the go, aligning with online casino with fastest payout standards.
    • Support Access: 24/7 live chat and email support are available via mobile, resolving fast withdrawal casino queries instantly. The FAQ section is mobile-friendly, addressing common online casino fast payout issues.
    • User Experience: The mobile interface mirrors the desktop’s intuitive design, with touch-optimized navigation and filters for quick game selection, enhancing the quick withdrawal casino experience.

    Responsible Gambling at 7Bit Casino – Supporting Safe Fast Payouts

    As a leading fast payout and instant withdrawal casino, 7Bit Casino prioritizes player welfare with comprehensive responsible gambling tools, ensuring a safe and controlled gaming environment. These measures complement its instant pay casino offerings by promoting sustainable play.

    Responsible Gambling Tools

    7Bit provides a suite of tools to help players manage their gambling:

    • Deposit Limits: Set daily, weekly, or monthly caps to control spending, aligning with same-day payout casino budgeting.
    • Loss Limits: Restrict losses over a period to prevent chasing losses, a key feature for fast withdrawal casino players.
    • Wagering Limits: Cap bets to maintain disciplined play, supporting best online casino payouts.
    • Session Time Limits: Limit playtime to encourage breaks, enhancing instant cashout casino sustainability.
    • Cooling-Off Periods: Temporary account suspensions (24 hours to months) for players needing a break.
    • Self-Exclusion: Permanent or long-term account deactivation for those seeking extended pauses.
    • Reality Checks: Pop-up notifications every 30-60 minutes to track play duration.

    Support Resources

    7Bit partners with organizations like GamCare (www.gamcare.org.uk) and Gamblers Anonymous (www.gamblersanonymous.org), providing links and helplines for professional support. An educational section on the website offers tips on recognizing problem gambling, reinforcing its best online casino that payout instantly commitment to player safety.

    Compliance and Transparency

    Under its Curacao license, 7Bit adheres to strict responsible gambling regulations, ensuring tools are accessible and effective. Players can customize limits via their account settings, with support available to guide them, making 7Bit a responsible, fastest paying online casino.

    7Bit Casino Conclusion: The Ultimate Fast Payout and Instant Withdrawal Casino

    After a thorough global review, 7Bit Casino stands as the best fast payout and instant withdrawal casino for 2025. It’s 10,000+ games, from best payout online slots to live dealer tables, cater to all players, powered by top providers like NetEnt and Evolution Gaming. The 325% welcome bonus up to 5.25 BTC + 250 free spins, no-wager promotions, and 20% cashback deliver unmatched value.

    Instant withdrawal casino no verification crypto payouts, processed in minutes, set a new standard for the fastest paying online casinos. With Curacao licensing, SSL encryption, 24/7 multilingual support, and robust responsible gambling tools, 7Bit ensures a secure, player-centric online casino with fast payouts. Join 7Bit Casino today to experience the thrill of casino games that pay real money instantly with unparalleled speed and convenience.

    Frequently Asked Questions

    • What defines a fast payout and instant withdrawal casino?

    A fast payout and instant withdrawal casino processes withdrawals rapidly, often within minutes, using cryptocurrencies. 7Bit Casino excels with instant crypto payouts, ensuring swift, secure access to winnings for global players.

    • Why is 7Bit Casino the best fast payout casino?

    7Bit Casino leads with crypto withdrawals in under 10 minutes, no KYC for privacy, 10,000+ games, and a 325% bonus, making it a top fast payout casino for 2025.

    • What payment methods support 7Bit’s fast payouts?

    7Bit Casino offers Bitcoin, Ethereum, Litecoin, and fiat options like Visa and Skrill. Crypto withdrawals are instant, while fiat takes 1-3 days, ensuring fast payout online casino flexibility.

    • Are there fees for withdrawals at 7Bit Casino?

    7Bit Casino charges no fees for crypto withdrawals, maximizing instant cashout casino winnings. Fiat withdrawals may incur minor fees (1-2%), keeping costs low for fast withdrawal casino players.

    • How does 7Bit’s no KYC policy benefit players?

    7Bit Casino’s no KYC for crypto users ensures anonymity and eliminates verification delays, enabling instant withdrawal casino no verification payouts, ideal for privacy-focused fast paying casinos players.

    • What games offer instant payouts at 7Bit Casino?

    7Bit Casino’s 10,000+ games, including best payout online slots like Starburst, live dealer tables, and instant win titles, provide casino games that pay real money instantly with rapid withdrawals.

    • Can I play 7Bit Casino on mobile for fast payouts?

    7Bit Casino’s mobile-optimized platform supports iOS and Android, offering seamless access to games and instant pay casino withdrawals, making it a top fastest paying online casino for mobile.

    • What bonuses enhance 7Bit’s fast payout experience?

    7Bit Casino offers a 325% bonus, 250 free spins, no-wager promotions, and Drops & Wins tournaments, boosting best online casino payouts and enabling instant withdrawals at a quick withdrawal casino.

    • Is 7Bit Casino a secure fast payout casino?

    Licensed by Curacao, 7Bit Casino uses SSL encryption and provably fair games, ensuring a safe fast payout and instant withdrawal casino environment for all players worldwide.

    • How does 7Bit Casino ensure responsible gambling?

    7Bit Casino provides deposit limits, self-exclusion, and links to GamCare, promoting safe play at a fast payout casino, ensuring players enjoy instant cashout casino responsibly.

    Email: support@7bitcasino.com

    Legal Disclaimer

    This content is for informational purposes only and does not constitute legal, financial, or gambling advice. Information is presented “as is,” without warranties. Readers must verify compliance with local gambling laws. The publisher is not liable for losses or consequences.

    Affiliate Disclosure

    Some links may be affiliate links, earning a commission at no cost to you. Recommendations are objective, and partnerships do not influence content or conclusions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c6a23fa-0a7a-4336-8025-485f0997df63

    The MIL Network –

  • MIL-OSI: EXL Reports 2025 First Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    2025 First Quarter Revenue of $501.0 Million, up 14.8% year-over-year
    Q1 Diluted EPS (GAAP) (1)of $0.40, up 38.3% from $0.29 in Q1 of 2024
    Q1 Adjusted Diluted EPS (Non-GAAP) (1)of $0.48, up 26.9% from $0.38 in Q1 of 2024

    NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a global data and AI company, today announced its financial results for the quarter ended March 31, 2025.

    Chairman and Chief Executive Officer Rohit Kapoor said, “We are pleased with our first quarter results and strong start to the year, as we delivered revenue and adjusted diluted EPS growth of 15% and 27% respectively. Our strong business momentum underscores the successful execution of our differentiated data and AI-led strategy and demonstrates the enduring resilience and adaptability of EXL’s business model.”

    Chief Financial Officer Maurizio Nicolelli said, “While we remain prudent in our outlook given the increasing level of macro-economic uncertainty, we are increasing our revenue guidance for the year, based on our business momentum and more favorable currency exchange rates. We now expect revenue to be in the range of $2.035 billion to $2.065 billion, up from our prior guidance of $2.025 billion to $2.060 billion. This represents 11% to 12% year-over-year growth on a reported basis, or 11% to 13% on a constant currency basis. We continue to expect our adjusted diluted earnings per share for 2025 to be in the range of $1.83 to $1.89, representing an 11% to 14% increase over 2024, as we continue to accelerate our data and AI investments to generate future growth.”

    ______________________________________________________________

    1. Reconciliations of adjusted (non-GAAP) financial measures to the most directly comparable GAAP measures, where applicable, are included at the end of this release under “Reconciliation of Adjusted Financial Measures to GAAP Measures.” These non-GAAP measures, including adjusted diluted EPS and constant currency measures, are not measures of financial performance prepared in accordance with GAAP.

    Financial Highlights: First Quarter 2025

    • Revenue for the quarter ended March 31, 2025, increased to $501.0 million compared to $436.5 million for the first quarter of 2024, an increase of 14.8% on a reported basis and 15.1% on a constant currency basis. Revenue increased by 4.1% sequentially on a reported basis and 4.3% on a constant currency basis, from the fourth quarter of 2024.
        Revenue   Gross Margin
        Three months ended   Three months ended
    Reportable Segments (1)   March 31, 2025   March 31, 2024   March 31, 2025   March 31, 2024
        (dollars in millions)        
    Insurance   $ 172.0   $ 158.3   36.6 %   33.8 %
    Healthcare and Life Sciences     125.6     100.7   43.9 %   45.3 %
    Banking, Capital Markets and Diversified Industries     117.7     103.2   37.3 %   36.1 %
    International Growth Markets     85.7     74.3   36.6 %   35.9 %
    Total Revenue, net   $ 501.0   $ 436.5   38.6 %   37.4 %
     

    (1) In the first quarter of 2025, the Company implemented operational and structural changes to accelerate the execution of its data and AI-led strategy. Under the new structure, the Company reports its financial performance based on new segments presented in the table above, and as described in more detail in its Quarterly Report on Form 10-Q for the three months ended March 31, 2025, that is being filed with the SEC. In conjunction with the new reporting structure, the Company has recast prior period amounts, wherever applicable, to conform to the way the Company internally manages and monitors segment performance.

    • Operating income margin for the quarter ended March 31, 2025 was 15.7%, compared to 14.1% for the first quarter of 2024 and 14.8% for the fourth quarter of 2024. Adjusted operating income margin for the quarter ended March 31, 2025 was 20.1%, compared to 18.9% for the first quarter of 2024 and 18.8% for the fourth quarter of 2024.
    • Diluted earnings per share for the quarter ended March 31, 2025 was $0.40, compared to $0.29 for the first quarter of 2024 and $0.31 for the fourth quarter of 2024. Adjusted diluted earnings per share for the quarter ended March 31, 2025 was $0.48, compared to $0.38 for the first quarter of 2024 and $0.44 for the fourth quarter of 2024.

    Business Highlights: First Quarter 2025

    • Won 10 new clients in the first quarter of 2025.
      • Named a Leader in four categories in the ISG Provider Lens™ Insurance Services 2024 report. Earning top honors in the North American Life & Retirement, Property & Casualty, Life & Retirement TPA Insurance Services, and Insurance IT Services.
      • Named a Leader and a Star Performer in Everest Group’s Life and Annuities Insurance Business Process Services and Third-Party Administrator (TPA) PEAK Matrix® Assessment 2025.
      • Recognized as part of Newsweek’s America’s Most Responsible Companies 2025, Forbes’ Most Trusted Companies in America 2025, USA Today’s America’s Climate Leaders 2025, and The Financial Times’ Best Employers Asia-Pacific 2025.

    2025 Guidance
    Based on current visibility, and a U.S. dollar to Indian rupee exchange rate of 85.5, U.K. pound sterling to U.S. dollar exchange rate of 1.30, U.S. dollar to the Philippine peso exchange rate of 57.0 and all other currencies at current exchange rates, we are providing the following guidance for the full year 2025:

    • Revenue of $2.035 billion to $2.065 billion, representing an increase of 11% to 12% on a reported basis, and 11% to 13% on a constant currency basis from 2024; and
    • Adjusted diluted earnings per share of $1.83 to $1.89, representing an increase of 11% to 14% from 2024.

    Conference Call

    ExlService Holdings, Inc. will host a conference call on Wednesday, April 30, 2025 at 10:00 A.M. ET to discuss the Company’s quarterly operating and financial results. The conference call will be available live via the internet by accessing the investor relations section of EXL’s website at ir.exlservice.com, where an accompanying investor-friendly spreadsheet of historical operating and financial data can also be accessed. Please access the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.

    Please note that there is a new system to access the live call-in order to ask questions. To join the live call, please register here. A dial-in and unique PIN will be provided to join the call. For those who cannot access the live broadcast, a replay will be available on the EXL website ir.exlservice.com for a period of twelve months.

    About ExlService Holdings, Inc.
    EXL (NASDAQ: EXLS) is a global data and artificial intelligence (“AI”) company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by applicable law.

    EXLSERVICE HOLDINGS, INC.
    CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
    (In thousands, except per share amount and share count)
     
      Three months ended March 31,
        2025       2024  
    Revenues, net $ 501,019     $ 436,507  
    Cost of revenues (1)   307,705       273,424  
    Gross profit (1)   193,314       163,083  
    Operating expenses:      
    General and administrative expenses   59,417       53,243  
    Selling and marketing expenses   41,925       35,970  
    Depreciation and amortization expense   13,557       12,346  
    Total operating expenses   114,899       101,559  
    Income from operations   78,415       61,524  
    Foreign exchange gain, net   1,192       359  
    Interest expense   (4,144 )     (3,291 )
    Other income, net   4,703       3,952  
    Income before income tax expense and earnings from equity affiliates   80,166       62,544  
    Income tax expense   13,496       13,753  
    Income before earnings from equity affiliates   66,670       48,791  
    Loss from equity-method investment   (109 )     (28 )
    Net income $ 66,561     $ 48,763  
    Earnings per share:      
    Basic $ 0.41     $ 0.30  
    Diluted $ 0.40     $ 0.29  
    Weighted-average number of shares used in computing earnings per share:      
    Basic   162,490,179       165,082,387  
    Diluted   164,557,333       166,726,853  

    (1) Exclusive of depreciation and amortization expense.

    EXLSERVICE HOLDINGS, INC.
    CONSOLIDATED BALANCE SHEETS (UNAUDITED)
    (In thousands, except per share amount and share count)
     
        As of
        March 31, 2025   December 31, 2024
             
    Assets        
    Current assets:        
    Cash and cash equivalents   $ 140,442     $ 153,355  
    Short-term investments     190,978       187,223  
    Restricted cash     9,826       9,972  
    Accounts receivable, net     339,856       304,322  
    Other current assets     150,203       140,317  
    Total current assets     831,305       795,189  
    Property and equipment, net     107,148       101,837  
    Operating lease right-of-use assets     71,150       68,784  
    Restricted cash     8,210       8,071  
    Deferred tax assets, net     109,953       104,747  
    Goodwill     420,494       420,387  
    Other intangible assets, net     46,092       49,331  
    Long-term investments     20,134       13,972  
    Other assets     61,925       56,085  
    Total assets   $ 1,676,411     $ 1,618,403  
    Liabilities and stockholders’ equity        
    Current liabilities:        
    Accounts payable   $ 5,648     $ 5,884  
    Current portion of long-term borrowings     4,886       4,886  
    Deferred revenue     20,138       19,264  
    Accrued employee costs     63,575       129,994  
    Accrued expenses and other current liabilities     131,980       113,597  
    Current portion of operating lease liabilities     17,426       16,491  
    Total current liabilities     243,653       290,116  
    Long-term borrowings, less current portion     302,377       283,598  
    Operating lease liabilities, less current portion     61,408       59,851  
    Deferred tax liabilities, net     1,625       1,403  
    Other non-current liabilities     55,471       53,573  
    Total liabilities     664,534       688,541  
    Commitments and contingencies        
    Stockholders’ equity:        
    Preferred stock, $0.001 par value; 15,000,000 shares authorized, none issued     —       —  
    Common stock, $0.001 par value; 400,000,000 shares authorized, 207,758,497 shares issued and 162,683,343 shares outstanding as of March 31, 2025 and 206,510,587 shares issued and 161,801,212 shares outstanding as of December 31, 2024     207       206  
    Additional paid-in capital     609,592       588,583  
    Retained earnings     1,348,521       1,281,960  
    Accumulated other comprehensive loss     (142,787 )     (154,722 )
    Total including shares held in treasury     1,815,533       1,716,027  
    Less: 45,075,154 shares as of March 31, 2025 and 44,709,375 shares as of December 31, 2024, held in treasury, at cost     (803,656 )     (786,165 )
    Total Stockholders’ equity     1,011,877       929,862  
    Total liabilities and stockholders’ equity   $ 1,676,411     $ 1,618,403  
     

    EXLSERVICE HOLDINGS, INC.

    Reconciliation of Adjusted Financial Measures to GAAP Measures

    In addition to its reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), EXL has included in this release certain financial measures that are considered non-GAAP financial measures, including the following:

    (i) Adjusted operating income and adjusted operating income margin;
    (ii) Adjusted EBITDA and adjusted EBITDA margin;
    (iii) Adjusted net income and adjusted diluted earnings per share; and
    (iv) Revenue growth on constant currency basis.

    These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles, should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies. Accordingly, the financial results calculated in accordance with GAAP and reconciliations from those financial statements should be carefully evaluated. EXL believes that providing these non-GAAP financial measures may help investors better understand EXL’s underlying financial performance. Management also believes that these non-GAAP financial measures, when read in conjunction with EXL’s reported results, can provide useful supplemental information for investors analyzing period-to-period comparisons of the Company’s results and comparisons of the Company’s results with the results of other companies. Additionally, management considers some of these non-GAAP financial measures to determine variable compensation of its employees. The Company believes that it is unreasonably difficult to provide its earnings per share financial guidance in accordance with GAAP, or a qualitative reconciliation thereof, for a number of reasons, including, without limitation, the Company’s inability to predict its future stock-based compensation expense under ASC Topic 718, the amortization of intangibles associated with future acquisitions and the currency fluctuations and associated tax effects. As such, the Company presents guidance with respect to adjusted diluted earnings per share. The Company also incurs significant non-cash charges for depreciation that may not be indicative of the Company’s ability to generate cash flow.

    EXL non-GAAP financial measures exclude, where applicable, stock-based compensation expense, amortization of acquisition-related intangible assets, provision for litigation matters, effects of termination of leases, certain defined social security contributions, allowance for certain material expected credit losses, other acquisition-related expenses or benefits and effect of any non-recurring tax adjustments. Acquisition-related expenses or benefits include, changes in the fair value of contingent consideration, external deal costs, integration expenses, direct and incremental travel costs and non-recurring benefits or losses. Our adjusted net income and adjusted diluted EPS also excludes the effects of income tax on the above pre-tax items, as applicable. The effects of income tax of each item is calculated by applying the statutory rate of the local tax regulations in the jurisdiction in which the item was incurred.

    A limitation of using non-GAAP financial measures versus financial measures calculated in accordance with GAAP is that non-GAAP financial measures do not reflect all of the amounts associated with our operating results as determined in accordance with GAAP and exclude costs that are recurring, namely stock-based compensation and amortization of acquisition-related intangible assets. EXL compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP financial measures to allow investors to evaluate such non-GAAP financial measures.

    EXL’s primary exchange rate exposure is with the Indian rupee, the Philippine peso, the U.K. pound sterling and the South African rand. The average exchange rate of the U.S. dollar against the Indian rupee increased from 83.12 during the quarter ended March 31, 2024 to 86.52 during the quarter ended March 31, 2025, representing a depreciation of 4.1% against the U.S. dollar. The average exchange rate of the U.S. dollar against the Philippine peso increased from 56.24 during the quarter ended March 31, 2024 to 57.86 during the quarter ended March 31, 2025, representing a depreciation of 2.9% against the U.S. dollar. The average exchange rate of the U.K. pound sterling against the U.S. dollar decreased from 1.27 during the quarter ended March 31, 2024 to 1.26 during the quarter ended March 31, 2025, representing a depreciation of 0.1% against the U.S. dollar. The average exchange rate of the U.S. dollar against the South African rand decreased from 18.96 during the quarter ended March 31, 2024 to 18.49 during the quarter ended March 31, 2025, representing an appreciation of 2.5% against the U.S. dollar.

    The following table shows the reconciliation of these non-GAAP financial measures for the three months ended March 31, 2025 and March 31, 2024, and the three months ended December 31, 2024:

    Reconciliation of Adjusted Operating Income and Adjusted EBITDA
    (Amounts in thousands)
     
        Three months ended
        March 31,   December 31,
          2025       2024       2024  
    Net Income (GAAP)   $ 66,561     $ 48,763     $ 50,672  
    add: Income tax expense     13,496       13,753       19,850  
    add/(subtract): Foreign exchange gain, net, interest expense, gain/(loss) from equity-method investment and other income/(loss), net     (1,642 )     (992 )     720  
    Income from operations (GAAP)   $ 78,415     $ 61,524     $ 71,242  
    add: Stock-based compensation expense     19,187       17,852       15,479  
    add: Amortization of acquisition-related intangibles     3,246       3,080       4,024  
    Adjusted operating income (Non-GAAP)   $ 100,848     $ 82,456     $ 90,745  
    Adjusted operating income margin as a % of Revenue (Non-GAAP)     20.1 %     18.9 %     18.8 %
    add: Depreciation on long-lived assets     10,311       9,266       12,140  
    Adjusted EBITDA (Non-GAAP)   $ 111,159     $ 91,722     $ 102,885  
    Adjusted EBITDA margin as a % of revenue (Non-GAAP)     22.2 %     21.0 %     21.4 %
     
    Reconciliation of Adjusted Net Income and Adjusted Diluted Earnings Per Share
    (Amounts in thousands, except per share data)
     
        Three months ended
        March 31,   December 31,
          2025       2024       2024  
    Net income (GAAP)   $ 66,561     $ 48,763     $ 50,672  
    add: Stock-based compensation expense     19,187       17,852       15,479  
    add: Amortization of acquisition-related intangibles     3,246       3,080       4,024  
    add/(subtract): Changes in fair value of contingent consideration     —       (589 )     —  
    add/(subtract): Other tax expense/(benefits) (a)     —       151       3,860  
    subtract: Tax impact on stock-based compensation expense (b)     (9,105 )     (5,358 )     (1,769 )
    subtract: Tax impact on amortization of acquisition-related intangibles     (799 )     (766 )     (921 )
    Adjusted net income (Non-GAAP)   $ 79,090     $ 63,133     $ 71,345  
    Adjusted diluted earnings per share (Non-GAAP)   $ 0.48     $ 0.38     $ 0.44  
     

    (a) To exclude other tax expenses/(benefits), primarily related to certain deferred tax assets and liabilities.

    (b) Tax impact includes $14,526 and $7,523 during the three months ended March 31, 2025 and 2024 respectively, and $500 during the three months ended December 31, 2024, related to discrete benefit recognized in income tax expense in accordance with ASU No. 2016-09, Compensation – Stock Compensation.

    Contacts:
    Investor Relations
    John Kristoff
    Vice President, Investor Relations
    +1 212 209 4613
    ir@exlservice.com

    Media – US
    Keith Little
    Assistant Vice President, Media Relations
    +1 703 598 0980
    media.relations@exlservice.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI USA: Amid Coast Guard Recruitment Challenges, Duckworth Leads Colleagues in Calling for Increased Funding for Great Lakes Workforce

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    April 29, 2025
    [WASHINGTON, D.C.] – Combat Veteran and U.S. Senator Tammy Duckworth (D-IL)—a member of both the U.S. Senate Armed Services (SASC) and Veterans’ Affairs (SVAC) Committees—led four of her fellow Senate Democratic colleagues in calling on the Trump Administration to prioritize funding for U.S. Coast Guard recruitment and retention. In a letter to Director of the United States Office of Management and Budget Russell Vought, U.S. Homeland Security Secretary Kristi Noem and U.S. Coast Guard Acting Commandant, Admiral Lunday, the lawmakers outlined how critical operations have been disrupted as a result of personnel shortages and how further investment is key to supporting ongoing recruitment and retention efforts for the Coast Guard serving the Great Lakes region.
    “As the Trump administration finalizes its Budget of the United States Government for fiscal year 2026, we request prioritizing the United States Coast Guard’s recruitment and retention initiatives by providing an effective funding level that preserves progress and enhances future efforts despite ongoing staggering workforce shortages and the forthcoming rise in vessel traffic, particularly on the Great Lakes during the busy summer season,” wrote the lawmakers in a letter to Director Vought, Secretary Noem and Admiral Lunday.
    The Coast Guard is facing a shortfall of 3,000 personnel, which has already disrupted critical operations like search and rescue. In 2024, staffing shortages forced widespread operational cutbacks, including in 29 Great Lakes units. While recruitment efforts showed progress in 2024, the lawmakers expressed how further investment is key to sustaining and supporting growing recruitment and retention efforts for the Coast Guard, especially on the Great Lakes ahead of the busy summer season. 
    In addition to Duckworth, the letter is co-signed by U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senators Amy Klobuchar (D-MN), Tina Smith (D-MN) and Gary Peters (D-MI).
    The full text of the letter is available on Senator Duckworth’s website and below:
    Dear Director Vought, Secretary Noem, and Admiral Lunday:
    As the Trump administration finalizes its Budget of the United States Government for fiscal year 2026, we request prioritizing the United States Coast Guard’s recruitment and retention initiatives by providing an effective funding level that preserves progress and enhances future efforts despite ongoing staggering workforce shortages and the forthcoming rise in vessel traffic, particularly on the Great Lakes during the busy summer season.
    Of the Coast Guard’s 46,000 active-duty and reserve personnel, the Service is 3,000 members short of its targeted enlisted capacity. In 2023, because of this personnel shortage, the Coast Guard experienced unpredictable interruptions in vital operations involving essential search and rescue and law enforcement missions. In 2024, the service was forced to make temporary, undesirable nation-wide changes to its operational posture to prevent the continued decline of its operational capacity and to ensure the safety and security of our constituents in the maritime domain.
    Unfortunately, personnel constraints resulting from inadequate funding of recruitment and retention initiatives are expected to force the Coast Guard to once again diminish its operational footprint in summer 2025. Across the Great Lakes, 29 units located in Michigan (13), Ohio (5), Wisconsin (4), Illinois (3), New York (2), Indiana (1) and Minnesota (1) have been temporarily closed, have billets unfilled or have transitioned to “scheduled only” operations. Weakened redundancy in operational assets forces the Coast Guard to operate with a single point of failure vulnerability across missions, including ensuring the safety of vessel traffic, the free flow of commerce and the security of our maritime borders. This status quo is unacceptable.
    The Coast Guard’s prioritization of recruiting efforts is beginning to yield positive results. Fiscal year 2024 marked the first year since 2017 in which the Coast Guard exceeded its recruiting targets across enlisted, officer, reserve and active-duty components. It is critical that Congress build on this momentum by empowering the Coast Guard to further enhance recruiting initiatives to continue shrinking the enlisted workforce gap through new accessions until the operational restrictions under the Force Alignment Initiative may be reversed. 
    The Coast Guard plays a critical role in the safety and security of vessels on the Great Lakes. Historically, numerous small boat stations and aids to navigation teams across the Great Lakes have been staffed to full capacity during heightened boating seasons to respond directly to search and rescue and law enforcement missions.
    The Coast Guard should seek to return to such a posture by requesting Congress provide prioritized and dedicated recruiting and retention funding that would support additional recruiting personnel and offices to improve recruiter-to-recruit ratios and expand the Service’s recruiting footprint. New recruiting locations would increase the output of qualified members at accession points and provide closer alignment with the DoD recruiting footprint. Enhanced funding is also urgently needed to enable the Coast Guard to accelerate exigent efforts to efficiently hire new talent and strengthen its workforce to fill current operational gaps emerging this year. 
    We thank you in advance for your consideration of our request and hope the Coast Guard will ask Congress to provide effective recruitment and retention funding levels for fiscal year 2026 that will empower the Service to continue its progress reducing personnel shortfalls and strengthen future efforts by expanding the Coast Guard recruiting capabilities and capacity.  
    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Global Training and Development Institute Marks Significant Milestone

    Source: US State of Connecticut

    The Office of Global Affairs’ Global Training and Development Institute (GTDI) at the University of Connecticut, in collaboration with the U.S. Embassy in New Delhi, recently marked a significant milestone with the graduation of the 20th cohort of the Nexus Startup Hub.

    Administered by UConn and funded by the U.S. Department of State, the Nexus Entrepreneurship Empowerment Program (NEEP) operates under the broader Nexus 3.0 initiative. Its mission is to strengthen India’s startup ecosystem while deepening economic and cultural ties between India and the United States. By offering intensive training, expert mentorship, and access to critical business resources, NEEP empowers Indian entrepreneurs to build scalable, high-impact ventures that contribute to both local communities and global markets.

    Tolga Turker, Director of Global Entrepreneurial Programs, highlighted the international scope of the program’s vision, stating, “Nexus training helps drive American economy and growth by fostering innovation, attracting investments, and expanding global market opportunities.”

    Participants in the program receive comprehensive support to refine their business models, explore funding opportunities, and tackle the challenges of entrepreneurship. This holistic approach not only cultivates successful startups but also contributes to broader goals of community resilience and economic empowerment.

    Several graduating entrepreneurs shared the personal and professional impact of the program. One participant remarked, “Nexus has made a larva into a butterfly. That’s exactly my experience.” Another added, “Post coming to Nexus, we have grown our revenue by 7x, which is a significant number.” These reflections speak to the program’s ability to transform early-stage ideas into thriving, mission-driven enterprises.

    The program also nurtures a global mindset, encouraging entrepreneurs to think beyond local markets. “With the understanding that we have received at Nexus, we are now looking to scale our operations in different parts of the world,” said a graduating entrepreneur, highlighting the program’s focus on international growth and long-term sustainability.

    The graduation ceremony further emphasized the value of international collaboration. Gloria Berbena, Minister-Counselor of Public Diplomacy at the U.S. Embassy in India, addressed the cohort with words of encouragement: “The prosperity of the United States has long been fueled by visionary entrepreneurs who push boundaries of innovation. Your startups have the potential to join that global landscape.”

    This spirit of partnership and cross-cultural learning is woven into the fabric of Nexus. As the program continues to evolve, it remains a powerful example of how institutions like UConn can drive meaningful impact on a global scale by investing in people, ideas, and innovation.

    With the 20th cohort now moving forward to scale their businesses and deepen their impact, the Nexus Startup Hub continues to serve as a launchpad for entrepreneurs committed to solving pressing challenges, building community resilience, and fostering economic opportunity across India and beyond. As Nexus advances its mission, the University of Connecticut remains a proud partner in shaping a more connected, innovative, and inclusive global future.

    To learn more, visit Startup Nexus.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: The Holy Buddha Relic of Sarnath for Exposition to Vietnam will arrive at National Museum

    Source: Government of India

    The Holy Buddha Relic of Sarnath for Exposition to Vietnam will arrive at National Museum

    Holy Relic will be transported to Ho Chi Minh City by a special aircraft on 1st May 2025

    High level delegation will be led by Shri Kiren Rijiju, Minister of Parliamentary Affairs & Minister of Minority Affairs

    Posted On: 29 APR 2025 6:39PM by PIB Delhi

    The Ministry of Culture, Government of India in collaboration with the International Buddhist Confederation (IBC) New Delhi will be holding for the   first time an exposition of the sacred Buddha Relic of Sarnath at Vietnam during the gala celebrations of the United Nations (UN) Day of Vesak 2025. 

    The Holy Relic will be ceremonially brought to Delhi on April 30, 2025, amidst prayers from Mulagandha Kuti Vihara, (monastery) in Sarnath to the Varanasi airport. The Vihara is enshrined with the sacred relics of Sakyamuni Buddha. It was built by Angarika Dharmapala, who was the founder of Mahabodhi society and is still maintained and run by the Mahabodhi Society.

    Upon reaching Delhi the Holy Relic will be placed in a special protected enclosure at the National Museum for prayers, chanting and meditation by the followers of Dhamma, including eminent members of the community and the diplomatic representatives from the Buddhist countries at 5.30 pm on April 30, 2025.

    The following day, May 1, 2025, the Holy Relic of the Buddha will be transported from the National Museum with great reverence escorted by senior monks with full religious sanctity and protocol to Ho Chi Minh City by a special Indian Air Force aircraft.

    A high-level delegation from the International Buddhist Confederation (IBC) led by Secretary General Ven. Shartse Khensur Rinpoche Jangchup Choeden, including member of the Governing Council are attending the Holy Exposition ceremonies and the Vesak celebrations in Vietnam. The delegation will be led by Shri Kiren Rijiju, Minister of Parliamentary Affairs & Minister of Minority Affairs.

    The Holy Relics of the Buddha enshrined in Mulagandha Kuti Vihara were excavated in Nagarjuna Konda, a prominent site in Andhra Pradesh. It holds historical significance as a major centre of Mahayana Buddhism and is associated with the monk, philosopher Nagarjuna of second century CE. These were worshiped and venerated for ages since the Mahaparinirvana of the Buddha. A.H. Longhurst, the then superintendent of the Archaeological Survey of India (ASI) conducted full scale excavation from 1927-31; most of the monuments at the site were constructed in third-fourth century CE; remains of more than thirty Buddhist establishments were found here. Inscription date the oldest great Stupa around 246 CE but archaeologist say the Stupa could be older.

    After the excavations they were presented to the Mahabodhi Society of India on December 27, 1932, by Rai Bahadur Dayaram Sahni, Director General of ASI, on behalf of H.E. the Viceroy of India before a distinguished gathering of Buddhists. Every year on the foundation day of the Mulagandha Kuti Vihara which is celebrated in the month of November, when thousands of people from different parts of the world come to Sarnath.

    The sacred Relic will be ceremoniously enshrined, venerated, and worshiped at the following important sites; At Hanh Tâm Monastery in Ho Chi Minh city from May 2–8, 2025 (coinciding with the United Nations Day of Vesak 2025); next at the Bà Đen Mountain, Tây Ninh Province from May 9–13, 2025 (Southern Vietnam’s national spiritual pilgrimage site); from here the sacred Relic will be placed for exposition at Quán Sứ Monastery, Hanoi from May 14–18, 2025 (Headquarters of the Vietnam Buddhist Sangha), and finally at Tam Chúc Monastery, Hà Nam Province from May 18–21, 2025 (the largest Buddhist centre in Southeast Asia).

    The important exposition coincides with the United Nations (UN) Day of Vesak 2025 as it is being celebrated in Vietnam, an opportunity for not only the citizens of Vietnam to seek blessings of the Holy Relic but also the international delegates from over 100 countries and regions who would be participating in the Vesak Day celebrations.

    Every year, since the passing of the resolution by the United Nations General Assembly on 15th December 1999, the thrice-sacred day of Vesak (celebrating the birth, enlightenment, and passing away of the Buddha Gautama) has been celebrated internationally. The International Day of Vesak was celebrated at the United Nations Headquarters in New York for the first time in 2000. This had inspired annual celebrations of the United Nations Day of Vesak (UNDV) by international Buddhist communities.

    The International Council for the Day of Vesak (ICDV) has held a Special Consultative Status to the UN Economic and Social Council since 2013. The main theme for the UNDV 2025 Celebrations and Academic Conference will be “Buddhist Approach to Unity and Inclusivity for Human Dignity: Buddhist Insights for World Peace and Sustainable Development,” at Vietnam Buddhist University, Ho Chi Minh City, Sunworld Buddhist Cultural Centre, Tay Ninh Province.

    Exhibitions on the Buddha Dhamma

    On the occasion International Buddhist Confederation (IBC) will also be hosting three exhibitions on the dissemination of Buddha Dhamma and its cultural practices from India to Vietnam. These are and electronic display of Jataka tales; the sculptures depicting different forms of the Buddha; and a comparative study of Buddhist artefacts from India and Vietnam.

    The analysis draws on a variety of resources to deepen understanding of this rich cultural exchange, including epigraphic inscriptions, historical texts, and visual artifacts. This multifaceted approach aims to provide a comprehensive narrative of the evolution of Buddha Dhamma in Vietnam, reflecting its profound impact on art, spirituality, and cultural identity throughout history.

    The highlight is a display of the digital restoration of the Ajanta Cave murals, illuminating the ancient Jataka Kathas. The IBC, in collaboration with the Prasad Pawar Foundation of Pune will unveil 8 panels and exhibit on separate TV screens showcasing the digital restoration process of the famous Bodhisattva Padmapani, a mural painting dating from the late 5th century. The mural is in Cave 1 of the Ajanta Caves, Maharashtra, and it reflects the beauty and classical sophistication of the arts of India’s Gupta dynasty.

    The exhibition invites visitors to walk among visions of Bodhisattvas and celestial beings, as ancient narratives gently unfold. These tales remind us that compassion knows no borders, wisdom belongs to all, and peace is born from the shared dignity of every living being.

     

    ****

    Sunil Kumar Tiwari

    pibculture[at]gmail[dot]com

    (Release ID: 2125251) Visitor Counter : 74

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: SUFALAM 2025: Highlights India’s Vision to Emerge as a Global Food Basket

    Source: Government of India

    Posted On: 29 APR 2025 4:39PM by PIB Delhi

    Ministry of Food Processing Industries (MoFPI), in collaboration with the National Institute of Food Technology Entrepreneurship and Management (NIFTEM)-Kundli, organized the SUFALAM 2025 (Start-Up Forum for Aspiring Leaders and Mentors), a two-`day conclave, at the NIFTEM-K campus during 25-26 April 2025.

    The second day of SUFALAM 2025 commenced with a spirited pep talk by young entrepreneurs, who shared their inspirational journeys and innovative ideas. This was followed by a series of technical sessions, beginning with a keynote on “Government Funding & Policy Support for Start-ups” delivered by representatives from Start-up India, providing valuable insights into funding schemes and policy initiatives aimed at nurturing start-ups. A motivational session on “Staying Resilient in the Start-up World” by Dr. T. Prasad, Professor, IIM Mumbai, offered guidance on managing challenges, building resilience, and maintaining the entrepreneurial spirit.

    A dynamic panel discussion on “Sustainable Food Solutions” explored emerging sustainable technologies and best practices for environmentally responsible food production.The panel discussion was preceded by a keynote address by Mr. Sanjay Khajuria, former Director, Corporate Affairs and Sustainability, Nestle Ltd.

    In the final session, Dr. Subrata Gupta, Secretary, MoFPI, provided detailed insights into the PMFPE (PM Formalization of Micro Food Processing Enterprises) Scheme, highlighting government’s initiatives to support micro-enterprises.

    Earlier on day 1, Union Minister for Food Processing Industries, Sh. Chirag Paswan has inaugurated the two-day event along with exhibition. The event brought together more than 500 participants from 23 states, including industry leaders, academicians, investors, and budding entrepreneurs. The event also featured 65 exhibitors representing 20 states, highlighting the rich diversity and innovation in India’s food processing sector. In addition to the in-person attendance, the event was broadcast live on YouTube channel of NIFTEM-K, where it attracted over 2,600 online participants, further amplifying its reach and impact.

    Dr. Harinder Singh Oberoi, Director, NIFTEM-K stated that the successful culmination of SUFALAM 2025 reaffirmed MoFPI and NIFTEM-K’s commitment to catalyzing innovation, collaboration, and entrepreneurship in India’s food processing sector, empowering a new generation of leaders and change makers.

    One of the highlights of event was the technology transfer of the Millet Nutribar, developed by Dr. Komal Chauhan and team to M/s SMILLET, Karnal, Haryana. Similarly, the technology for makhana-based cookies, developed by Dr. Anand Kishore and team,was transferred to M/s Patliputra Foods, Bihar. Memorandum of Understanding (MoU) was signed between NIFTEM-K and Food Industry Capacity and Skill Initiative (FICSI). This partnership is aimed at unlocking new frontiers in food technology and  bolstering skill development and innovation in the food sector.

    Delegates concluded their SUFALAM 2025 experience with a guided tour of the NIFTEM-K campus, visiting the Pilot Plant and Laboratory Facilities, gaining insights into food processing research and innovation.

    *****

    shahid

    (Release ID: 2125185) Visitor Counter : 86

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: A High-Level Committee under the Chairmanship of Union Home Minister, Shri Amit Shah approves Rs. 153.36 crore of additional Central assistance to Manipur, affected by hailstorm, during year 2024

    Source: Government of India

    A High-Level Committee under the Chairmanship of Union Home Minister, Shri Amit Shah approves Rs. 153.36 crore of additional Central assistance to Manipur, affected by hailstorm, during year 2024

    Under the leadership of Prime Minister Shri Narendra Modi, the Government of India is standing shoulder to shoulder with the State Governments during natural calamities and disasters

    During the financial year 2024-25, the Central Government has released Rs. 20,264.40 crore to 28 states under SDRF and Rs. 5,160.76 crore under NDRF to 19 states

    Posted On: 29 APR 2025 6:23PM by PIB Delhi

    A High-Level Committee (HLC), under the Chairmanship of Union Home Minister and Minister of Cooperation Shri Amit Shah, has approved Rs.153.36 crore of additional Central assistance to Manipur, affected by hailstorm, during year 2024. This assistance from the National Disaster Response Fund (NDRF) is subject to an adjustment of 50% of the opening balance for the year available in the State Disaster Response Fund (SDRF).

    Under the leadership of Prime Minister Shri Narendra Modi, the Government of India is standing shoulder to shoulder with the State Governments during natural calamities and disasters.

    The additional assistance is over and above the funds released by the centre to the states in the SDRF, already placed at the disposal of the states. During the financial year 2024-25, the Central Government has released Rs. 20,264.40 crore to 28 states under SDRF and Rs. 5,160.76 crore under NDRF to 19 states. Additionally, Rs. 4984.25 crore from the State Disaster Mitigation Fund (SDMF) to 19 states and Rs. 719.72 crore from National Disaster Mitigation Fund (NDMF) to 08 states has also been released.

    Similarly, during the financial year 2025-26, the Central Government has released Rs. 895.60 crore to 01 state under SDRF and Rs. 929.633 crore under NDRF to 07 states, so far.

    *****

    RK/VV/RR/PS

    (Release ID: 2125242) Visitor Counter : 46

    Read this release in: Hindi

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: WAM! India’s first national initiative dedicated to nurturing, and promoting original Indian IPs in anime, manga, webtoons, and cosplay will culminate at WAVES 2025

    Source: Government of India

    WAM! India’s first national initiative dedicated to nurturing, and promoting original Indian IPs in anime, manga, webtoons, and cosplay will culminate at WAVES 2025

    WAVES WAM! finalists to benefit from a Creator Development Grant to nurture and empower the talented creators

    Posted On: 29 APR 2025 4:37PM by PIB Mumbai

    Mumbai, 29 April 2025

     

    After months of regional contests and thousands of entries, finalists from 11 cities across India have been selected to take part in the WAVES Anime & Manga Contest (WAM!) national finale to be held in the World Audio-Visual & Entertainment Summit (WAVES) 2025 at the Jio World Convention Centre, Mumbai, from May 1–4, 2025.

    WAM!, organized by the Union Ministry of Information and Broadcasting in collaboration with the Media & Entertainment Association of India (MEAI), is India’s first national initiative dedicated to discovering, nurturing, and promoting original Indian IPs in anime, manga, webtoons, and cosplay. These creative pursuits and their creators, who made it to the final round, will get a great exposure in the landmark initiative WAVES 2025 which will bring together global leaders, innovators, studios, and creators to foster India’s creative economy. WAVES which is being held with a vision of “Create in India, Create for the World”, aims to empower Indian creators to dream bigger and reach global audiences. WAVES is India’s biggest platform for the AVGC-XR sector-Animation, Visual Effects, Gaming, Comics, and Extended Reality. At the center of WAVES is the Create in India Challenges (CIC). Season 1 of CIC has made history with around 1 lakh registrations, including 1,100 international participants. After a detailed selection process, 750+ finalists have been chosen from 32 unique challenges.

    In a significant boost to India’s budding creators, Crunchyroll, the global anime brand fueling fans’ passion and love of anime, has joined WAM! (WAVES Anime & Manga Contest) 2025 as the Title Sponsor. Crunchyball has introduced a Creator Development Grant to nurture and empower the winners of WAM! 2025. This grant aims to support emerging artists and storytellers in anime, manga, and webtoon fields as they develop original intellectual properties (IPs) for global audiences.

    Creator Development Grant details are as follows:

    • Manga (Student Category) — INR 25,000
    • Manga (Professional Category) — INR 25,000
    • Webtoon (Student Category) — INR 25,000
    • Webtoon (Professional Category) — INR 25,000
    • Anime (Student Category) — INR 50,000
    • Anime (Professional Category) — INR 50,000

    In addition, Crunchyroll will extend its support to Team India, the winners of the WAM! 2025 Finale, as they represent the country at Anime Japan 2026, the world’s premier anime exhibition in Tokyo. This backing will help showcase India’s original creative talents on the global stage.  Crunchyroll, LLC is an independently operated joint venture between U.S.-based Sony Pictures Entertainment and Japan’s Aniplex, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group.

    About WAVES:

    The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

    Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

    WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

    Have questions? Find answers here

    Stay updated with the latest announcements from PIB Team WAVES

     

    * * *

    PIB TEAM WAVES 2025 | Sriyanka/ Darshana | 115

    Follow us on social media: @PIBMumbai    /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com  /PIBMumbai     /pibmumbai

    (Release ID: 2125183) Visitor Counter : 80

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerity

    Source: The Conversation (Au and NZ) – By Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago

    Hagen Hopkins/Getty Images

    Finance Minister Nicola Willis has warned her 2025 “Growth Budget” will be “one of the tightest budgets in a decade”, with plans to reduce spending by billions.

    It’s clear New Zealand is following a global trend towards austerity by focusing on reducing government spending and lowering government debt.

    Complicating the economic picture for the government are Donald Trump’s tariffs and his trade war with China. In early April, financial services company J.P. Morgan Research said there was a 60% probability of the United States experiencing a recession in 2025 — with a 40% chance of a global recession.

    Despite this uncertain economic future, the idea that New Zealand’s debt-to-GDP ratio requires immediate and drastic austerity-like measures is not supported by the evidence.

    The ratio measures the government’s debt compared to its gross domestic product (GDP). Currently, New Zealand’s ratio is about 47%. This is substantially higher than before the pandemic (32% in 2019) and higher than Australia (35%).

    But it is at the lower end compared with other advanced economies. The 2023 debt-to-GDP ratio in the US was 112%, 101% in the United Kingdom, and about 50% in Canada, Ireland and South Korea.

    Rather than tightening the belt to reduce debt and increase fiscal balance, New Zealand needs to focus on boosting productivity, investing in education, building strong and resilient infrastructure and supporting health and wellbeing.

    Lowering debt and creating fiscal space are legitimate goals. But they should be viewed as a means to an end, not an end in itself.

    A necessary medicine

    Austerity is often presented as necessary medicine during an economic crisis. The logic is seemingly straightforward: reduce government spending and debt to not overstimulate the economy, create fiscal resilience for future shocks, support low and stable inflation, and signal fiscal responsibility to international markets.

    Several countries adopted austerity measures in response to high deficits following the global financial crisis.

    Greece implemented deep spending cuts, tax hikes and pension reforms under the terms of a bailout from the European Union and International Monetary Fund (IMF). This reduced its deficit but caused a severe economic contraction and social unrest.

    Spain similarly cut public wages, raised taxes and reformed pensions, stabilising its finances but causing persistently high unemployment.

    Italy’s austerity measures involved pension reforms and tax hikes, achieving modest fiscal improvement but sparking political instability.

    The UK focused on reducing public spending and welfare support, significantly lowering its deficit while putting pressure on public services and increasing inequality. Research found UK’s austerity measures led to hundreds of thousands of avoidable deaths.

    While in many cases austerity helped restore fiscal balance, it often came with heavy economic and social costs, particularly in terms of unemployment, growth and public welfare.

    In March, people in the United Kingdom took to the streets to protest ongoing austerity measures.
    Mike Kemp/Getty Images

    Productivity is the key

    Research indicates that debt-to-GDP ratios above about 80% tend to be associated with lower growth. But below this threshold, the ratio tends to be associated with increases in growth.

    It is clear that deficits are neither always bad for economic growth, nor that they always lead to inflation, when combined with a credible fiscal strategy to return to surpluses in the future.

    To raise the future wellbeing of all New Zealanders we need to avoid the heavy costs of austerity and rather focus on stimulating economic growth. And this comes with a price tag.

    Using debt to finance investments into capital, which in turn increases our productivity, is key to fostering economic growth. This goes hand-in-hand with targeted industrial policies, reduction in regulation, increases in government efficiency and trade liberalisation

    Importantly, public investment boosts economic growth mainly through two channels: efficiency (how much infrastructure is actually delivered for the money spent) and productivity (how well that infrastructure supports economic activity).

    Research from the IMF suggests an increase in public investment of one percentage point of GDP is associated with an increase in output of about 0.2% in the same year and 1.2% four years later.

    All-of-government focus

    What New Zealand needs is a long-term growth strategy and an all-of-government focus on lifting productivity. This must be grounded in fiscal responsibility – one that boosts government efficiency. But not at the cost of delaying high-impact investments or leaving growth opportunities on the table.

    Maintaining discipline while strategically investing in the drivers of long-term prosperity is essential for securing New Zealand’s economic future.

    The path ahead requires careful navigation, not a rush towards austerity.

    By thoughtfully balancing the need for fiscal prudence with the importance of investing in our productivity, human capital and infrastructure, we can ensure a more resilient and prosperous future for all New Zealanders.

    Dennis Wesselbaum does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerity – https://theconversation.com/willis-warns-of-a-tight-budget-to-come-but-nz-should-be-going-for-productivity-not-austerity-254689

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Asia-Pac: MNRE Minister Pralhad Joshi launches Green Hydrogen Certification scheme

    Source: Government of India

    MNRE Minister Pralhad Joshi launches Green Hydrogen Certification scheme

    MNRE organizes Workshop on opportunities for MSMEs in Green Hydrogen Supply Chain

    Posted On: 29 APR 2025 6:17PM by PIB Delhi

    The Ministry of New and Renewable Energy (MNRE) organized on 29th April 2025 one-day National Workshop on opportunities for “Micro, Small & Medium Enterprises (MSMEs) in the Green Hydrogen Supply Chain”, at  New Delhi. The workshop was  aimed to explore opportunities and discuss key role of MSMEs in development of green hydrogen ecosystem in India. Over 300 delegates drew participation from different stakeholder groups, including MSMEs, policymakers, technology providers, industry associations, and international partners.

    Delivering the inaugural address, Shri Pralhad Venkatesh Joshi, Hon’ble Union Minister of New and Renewable Energy, highlighted the government’s commitment to fostering innovation-led growth and emphasized that MSMEs will serve as the backbone of India’s energy transition through their innovative capabilities and localized solutions. He highlighted the critical role MSMEs will play in realizing the Mission’s objectives of building a self-reliant green hydrogen ecosystem by 2030.

    Hon’ble Union Minister also launched the Green Hydrogen Certification Scheme of India (GHCI). He mentioned that the scheme is a foundational step towards creating a robust framework for certifying green hydrogen production and ensuring transparency, traceability, and market credibility.

    Shri Santosh Kumar Sarangi, Secretary, MNRE highlighted some key achievements in the implementation of National Green Hydrogen Mission. He stressed upon the importance of building capacities, facilitating finance, and strengthening technology linkages to empower MSMEs to meaningfully participate in this new industrial landscape. He reiterated the Ministry’s commitment to building institutional and infrastructural support for green hydrogen, with MSMEs playing a critical role.

    The workshop included four focused technical sessions as follows:

    1. Technology Collaboration for MSMEs

    Panelists deliberated on R&D collaboration models, indigenization of components such as bipolar plates and electrolysers, and the role of knowledge institutions.

    1. Business Opportunities in the Green Hydrogen Supply Chain

    Discussions centered on the integration of MSMEs into large-scale projects. Experts from international agencies and corporate leaders outlined business models and market opportunities, advocating for systematic MSME engagement strategies.

    1. Decentralized Hydrogen Production through Biomass

    Expert speakers presented use cases on thermochemical and biochemical conversion of biomass to hydrogen, exploring their application in rural industries. The session highlighted the potential of decentralized models to meet local demand while promoting circular economy principles.

    1. Catalyzing Investments in the Green Hydrogen Ecosystem

    Financial institutions, including the World Bank, IREDA, KfW, and IIFCL, discussed de-risking strategies, blended finance mechanisms, and the need to design green credit lines accessible to MSMEs.

    The workshop marked an important step towards mainstreaming MSMEs in India’s clean energy transition and showed MNRE’s commitment towards building an inclusive, technology-driven, and decentralized green hydrogen economy. The workshop saw active participation from MSMEs, who showed strong interest in entering the green hydrogen sector, particularly in areas such as component manufacturing, operations and maintenance services, and rural hydrogen generation. Participants emphasized the need for standardized protocols, shared platforms for joint innovation, and the formation of Green Hydrogen Clusters to help MSMEs combine capacities and benefit from economies of scale. The discussions also highlighted the importance of clear demand signals and long-term policy stability to encourage private investment. Experts noted India’s strong potential to emerge as a manufacturing hub for green hydrogen technologies, especially electrolysers and fuel cells.

    The Government of India is implementing the National Green Hydrogen Mission, with an objective to make India a global hub of production, usage and export of Green Hydrogen and its derivatives.

    The Mission will result in the following likely outcomes by 2030:

    1. Development of Green Hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum with an associated renewable energy capacity addition of about 125 GW in the country
    2. Over Rs. Eight lakh crore in total investments
    3. Creation of over Six lakh jobs
    4. Cumulative reduction in fossil fuel imports over Rs. One lakh crore
    5. Abatement of nearly 50 MMT of annual greenhouse gas emissions

    ******

    TPJ/NJ

    (Release ID: 2125231) Visitor Counter : 29

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: National Ayush Mission Conclave 2025: States and UTs Collaborate to Strengthen Traditional Healthcare Delivery Across India

    Source: Government of India

    National Ayush Mission Conclave 2025: States and UTs Collaborate to Strengthen Traditional Healthcare Delivery Across India

    Lonavala to Host the Second Edition of the National Ayush Mission Conclave: A Roadmap to Holistic, Accessible, and Inclusive Healthcare

    We aim to take forward the vision of our Prime Minister Shri Narendra Modi ji of holistic health for all through a robust and integrative Ayush framework: Shri Prataprao Jadhav, Union Minister of State for Ayush

    Posted On: 29 APR 2025 6:02PM by PIB Delhi

    The Ministry of Ayush, Government of India, is set to organize the National Ayush Mission (NAM) Conclave 2025 on 1-2 May 2025 at Kaivalyadham, Lonavala, Maharashtra. This transformative 2-day event will serve as a national forum for shaping the future of Ayush-based healthcare in India. Bringing together Ayush experts, policymakers, health professionals, researchers, and innovators, the conclave aims to strengthen integration of traditional Indian medicine systems into mainstream healthcare—making wellness more accessible, affordable, and evidence-driven for the common citizen.

    The conclave is scheduled to be inaugurated by Shri Prataprao Jadhav, Union Minister of State (Independent Charge), Ministry of Ayush whereas the Deputy Chief Minister, Government of Rajasthan and Health Minister of nine States/UTs of India are also expected to attend the conclave. Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, and other dignitaries will also be present during the event. Officials from State/UT Ayush departments including Mission Directors, senior government officials, and renowned academicians are also set to participate in the conclave. The event is planned to include plenary sessions, policy roundtables, technical deep-dives, besides showcasing best practices, state success stories, and tech-led innovations in the Ayush sector.

    Speaking about the upcoming event, the Ayush Minister mentioned, “The National Ayush Mission Conclave is a significant step towards fostering a collaborative ecosystem to strengthen the wellness and healthcare infrastructure across the country. We aim to take forward the vision of our Prime Minister Shri Narendra Modi ji of holistic health for all through a robust and integrative Ayush framework.”

    The National Ayush Mission conclave is set to serve as a vibrant platform to discuss the latest developments, research innovations, and sectoral collaborations across Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa-Rigpa, and Homeopathy in various states and UTs of India. It will also focus on strengthening the implementation of flagship initiatives, promoting evidence-based practices, and enhancing international outreach. The Conclave aims for Minister level discussions to chalk out future expansion of the NAM Scheme.

    Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, stated, “The Ministry of Ayush is organising the NAM Conclave-2025 to reflect on the achievements of the National Ayush Mission, address emerging challenges, and chart a path toward a self-reliant and robust Ayush healthcare system.”

    While talking about the themes of the Conclave, Ms. Kavita Garg, Joint Secretary, Ministry of Ayush, informed, “the conclave will cover diverse themes, including financial management, monitoring and evaluation, HR strengthening, integration with modern medicine, and quality assurance. It will also showcase the best practices, IT innovations, regulatory mechanisms and investment and export opportunities with rich experience sharing from States and UTs.”

    Key Highlights of the Conclave:

    Document Release: Launch of Blueprint for Ayush Policy 2025 and Standard Treatment Guidelines (STG) on Metabolic Disorders in Ayush System of Medicines.

    Ministerial Round Table: Featuring Union Minister of State (IC), Ministry for Ayush, Shri Prataprao Jadhav, along with Health and Ayush Ministers from various States/UTs, deliberating on strengthening the National Ayush Mission.

    Expert Sessions: Presentations by DGHS, NABH, Invest India, Ayush Export Promotion Council and leading institutions on quality standards, accreditation, and investment facilitation.

    Successful Case Studies: Best practices from the majority of States/UTs.

    Yoga Session: Guided Yoga and Meditation Session are also planned for delegates participating in the event.

    About National Ayush Mission:

    The flagship program National Ayush Mission launched in 2014 and it has played a crucial role in preserving and promoting India’s traditional systems of medicine and their integration into the mainstream healthcare system. It aims to enhance the availability, accessibility, and quality of Ayush healthcare services across the country through Ayushman Arogya Mandir (Ayush) as part of Government of India’s Ayushman Bharat scheme.

    In the last edition of NAM Conclave held in 2023, several key resolutions were adopted, including expansion of Ayush Health and Wellness Centres (now AAM-Ayush), integration of Ayush services with National Health Programs, and capacity building of Ayush practitioners. The 2025 edition aims to build upon these achievements, with renewed focus on innovation, standardisation, and international outreach.

    ****

    MV/AKS

    (Release ID: 2125229) Visitor Counter : 29

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Primary Healthcare Commission announces suspected intrusion into outsourced network system of operator of Kwai Tsing District Health Centre

    Source: Hong Kong Government special administrative region

         The Primary Healthcare Commission (PHC Commission) under the Health Bureau announced yesterday (April 29) that the PHC Commission received notification from the Kwai Tsing Safe Community and Healthy City Association (KTSCHCA), the operator of the Kwai Tsing District Health Centre (Kwai Tsing DHC), on April 28 on suspected hacking of its outsourced service provider’s network system, resulting in possible leakage of members’ data. The PHC Commission is highly concerned about the incident, and has instructed the KTSCHCA to seriously follow up and to submit a report within three working days. 
     
         According to the notification from the KTSCHCA, the system involved is managed independently by its outsourced service provider, and is mainly used to assist with administrative work such as service booking or members sign-in at the Kwai Tsing DHC. The outsourced network system was hacked last Sunday (April 27), resulting in possible leakage of members’ data, including names, membership numbers, dates of birth, residential districts (not full addresses) and the first four digits of the Hong Kong Identity Card of some members who have enrolled in a vaccination programme. The KTSCHCA is currently assessing the possible number of members of the Kwai Tsing DHC affected and the data involved.
     
         The PHC Commission noted that the KTSCHCA has reported the incident to the Police and the Office of the Privacy Commissioner for Personal Data, and has also informed the Digital Policy Office of the incident. As required by the PHC Commission, the KTSCHCA has immediately suspended the operation of the Kwai Tsing DHC’s network system and all external connections to its computer servers to prevent further intrusion attempts by hackers. The KTSCHCA has also commissioned an independent cybersecurity expert to conduct an investigation and review. In view of the system suspension of the DHC, the appointments on blood taking and seasonal influenza vaccination of relevant DHC members will be rescheduled starting from yesterday. The operator of the Kwai Tsing DHC has started to notify the relevant members via phone calls and text messages, and will also inform all its members of the hacking incident. Members of the public may contact the DHC at 1878 222 for enquiries.
     
         The system involved does not have any direct connection with the systems of DHCs/DHC Expresses in other 17 districts in Hong Kong. The operators of other DHCs/DHC Expresses have not outsourced or used the system involved. The PHC Commission has urged the operators of other DHCs/DHC Expresses to review their network systems, including the systems of their outsourced service providers, the computer security risk, and whether any suspicious activities have occurred. The PHC Commission has not received any report of similar incidents. 
     
         Besides, the Kwai Tsing DHC is a registered healthcare provider on eHealth. Currently, it connects to eHealth through the designated clinical management system (CMS) specified by the PHC Commission to assist members in registering with eHealth, managing members’ participation in government-subsidised healthcare programmes and facilitating service referrals, etc. The system involved is independent of both the designated CMS and eHealth, with no direct system interfaces. Investigations also revealed that there was no intrusion into eHealth by hackers or any leakage of personal data from eHealth. However, for prudence’s sake, upon receiving notification of the incident, the Commissioner for the Electronic Health Record (eHRC) has suspended the eHealth registration of the operator concerned, in order to protect data privacy and system security of eHealth. During the suspension period, the Kwai Tsing DHC is unable to access to any electronic health record in eHealth. The eHRC will only resume the connection of Kwai Tsing DHC with eHealth, after conducting a careful assessment of the detailed report submitted by the Kwai Tsing DHC and confirming that the security risks of the system are fully eliminated.
     
         The Government emphasised that it has always attached great importance to cybersecurity. The PHC Commission is conducting a comprehensive review of the incident, including whether the cybersecurity measures of the KTSCHCA are in compliance with the requirements stipulated in the DHC operation contract, and will further strengthen the protection measures to prevent the recurrence of similar incidents.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: India Post Partners with SBI Mutual Fund to Streamline KYC Verification Services for Investors across India

    Source: Government of India

    Posted On: 29 APR 2025 5:41PM by PIB Delhi

    In a landmark initiative aimed at simplifying the customer on-boarding process for mutual fund investors, the Department of Posts (DoP) has entered into a strategic partnership with SBI Funds Management Limited (SBIFM), a prominent asset management company. The collaboration, formalized through a Memorandum of Understanding (MoU), will leverage India Post’s extensive network to provide doorstep KYC verification services for investors of SBI Mutual Fund. This initiative aims to streamline the KYC process, ensuring convenience, security, and regulatory compliance for investors across India.

    The MoU was officially signed between the Ms. Manisha Bansal Badal, General Manager, Business Development Directorate, Department of Posts, and Sh. Munish Sabharwal, Senior Vice President, SBI Funds Management Limited, in a ceremony held at Dak Bhawan, New Delhi.

    India Post, with its vast network of over 1.64 lakh post offices spread across even the remotest corners of the country, is uniquely positioned to support initiatives aimed at financial inclusion. With post offices in urban areas, rural towns, remote villages, and even areas with limited access to other financial services, the Department of Posts has the unparalleled reach to assist with customer service requirements, including KYC verification.

    As part of the MoU, India Post will facilitate the completion of KYC formalities for SBI Mutual Fund investors by collecting the necessary forms and documents from investors across the country. The KYC documents will be collected by India Post’s trained personnel, ensuring a high level of security, accuracy, and privacy in the process.

    By leveraging India Post’s nationwide network, this partnership will ensure that investors, regardless of their location, can easily complete the KYC process. This will be particularly beneficial for investors in rural, underserved, and far-flung areas who often face challenges in accessing traditional financial services. The door-to-door KYC service will offer immense convenience to investors, allowing them to complete the entire process from the comfort of their homes. This is particularly advantageous for senior citizens, individuals with mobility challenges, or those living in remote areas, where access to physical banking services is limited.

    This collaboration directly supports the Government of India’s Jan Nivesh initiative, which aims to increase financial inclusion and encourage more people to participate in India’s capital markets. It also contributes to the ongoing efforts to digitize financial services under the Digital India program. With India Post’s trusted network, this partnership will help demystify the KYC process and provide a gateway for individuals, particularly in rural and semi-urban areas, to engage with investment products such as mutual funds. By offering KYC services at the doorstep, the initiative also plays a crucial role in educating the masses about the importance of compliance with financial regulations.

    India Post’s role in facilitating KYC verifications has been demonstrated through its successful collaboration with other mutual fund companies, including UTI Mutual Fund and SUUTI (Securities and Exchange Board of India’s public fund). In these partnerships, India Post successfully handled over 5 lakh KYC verifications in a short period, showcasing its ability to manage high-volume operations with precision, security, and efficiency.

    India Post is actively exploring new avenues for collaboration with both public and private sector organizations in the financial services sector. With its strong infrastructure, trained workforce, and credibility, India Post is well-positioned to play a larger role in promoting financial literacy, digital on-boarding, and investment participation among the Indian populace.

    *****

    Samrat/Allen:

    (Release ID: 2125220) Visitor Counter : 66

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: 92nd Meeting of Network Planning Group under PM GatiShakti evaluates key Infrastructure projects

    Source: Government of India

    92nd Meeting of Network Planning Group under PM GatiShakti evaluates key Infrastructure projects

    NPG evaluates Road and Railway Projects for integrated multimodal connectivity

    Projects to enhance logistics efficiency, boost regional development

    Posted On: 29 APR 2025 7:56PM by PIB Delhi

    The 92nd meeting of the Network Planning Group (NPG) was convened today in New Delhi to evaluate infrastructure projects in the Road and Railway sectors. The deliberations focused on enhancing multimodal connectivity and improving logistics efficiency, in line with the PM GatiShakti National Master Plan (PMGS NMP).

    The NPG assessed four major proposals — one from the Ministry of Road Transport and Highways (MoRTH) and three from the Ministry of Railways (MoR). These projects were evaluated for their alignment with the core principles of PM GatiShakti, including integrated multimodal infrastructure, last-mile connectivity, and a whole-of-government and whole-of-area development approach. These initiatives are expected to reduce travel time, enhance freight movement, and yield significant socio-economic gains across regions.

    Ministry of Road Transport and Highways (MoRTH)

    1. Six/Four Lane Access-Controlled Highway – Rishikesh Bypass

    The Ministry of Road Transport & Highways (MoRTH), through NHAI, has proposed a bypass around Rishikesh to decongest the city and improve traffic movement on NH-34 — a key route connecting Delhi, Meerut, Roorkee, Haridwar, and Badrinath. This highway links key religious and industrial nodes, including Haridwar, Dehradun, BHEL, SIDCUL, and strategic border points like Mana, Nelang, and Niti. The project includes a 6/4-lane elevated corridor and an additional 4-lane road, offering alternative routes to manage future traffic and improve overall capacity.

    Ministry of Railways (MoR)

    1. Bina–Itarsi 4th Railway Line (236.97 km)

    The MoR has proposed a 4th railway line between Bina and Itarsi, traversing key stations such as Narmadapuram, Rani Kamalapati, Bhopal, Nishatpura, and Vidisha. This alignment includes 32 stations and aims to improve freight operations. The project is expected to reduce transit time by approximately 46 minutes and increase sectional speed by 10 km/h, contributing to faster and more efficient rail logistics.

    1. Kasara–Manmad Multi-Tracking Lines (3rd & 4th Lines, 2×130.817 km)

    This project involves construction of 3rd and 4th railway lines across two sections: Kasara–Igatpuri in the Northeastern Ghats and Igatpuri–Manmad in the Deccan Plateau. The primary aim is to maintain a ruling gradient of 1 in 100, eliminating the requirement for banking engines and improving energy efficiency. The alignment bypasses several stations and merges with the existing line at Lahavit station, ensuring smoother freight movement.

    1. Bhusawal–Wardha 3rd & 4th Railway Lines (314 km)

    The proposed 314-km 3rd and 4th lines between Bhusawal and Wardha pass through five Maharashtra districts — Jalgaon, Buldhana, Akola, Amravati, and Wardha. The project includes new railway tracks, station upgrades, yard reconfiguration, and signaling improvements. As part of the Mumbai–Howrah high-density corridor (HDN-2), this route is critical for decongesting freight traffic and strengthening the Central Railway network.

    The meeting was chaired by Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Shri Pankaj Kumar.

    ***

    Abhishek Dayal, Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2125278) Visitor Counter : 60

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Union Minister Shri Manohar Lal reviews the power sector scenario for Rajasthan at Jaipur on 29.04.2025

    Source: Government of India

    Posted On: 29 APR 2025 5:20PM by PIB Delhi

    Union Minister of Power and Housing & Urban Affairs Shri Manohar Lal, reviewed the power sector scenario for Rajasthan at Jaipur today. Hon’be Chief Minister of Rajasthan was present in the meeting. The meeting was also attended by senior officials of the State, Ministry of Power, Govt. of India (GoI), and Power Sector CPSEs.

    The meeting started with a presentation on the brief overview of the Power Sector scenario in the State. In the course of presentation, the achievements of the State Energy Department were highlighted. Also, major challenges and possible solutions were discussed.

    In his address, Shri Manohar Lal, Union Minister of Power and Housing & Urban Affairs mentioned that his visit to the State will be important in understanding and in resolution of the issues in the Power sector in the State. He appreciated the efforts of State Energy department in infrastructure planning in the area of power generation, transmission and distribution.

    Hon’ble Minister advised the State to make all out efforts for expeditious implementation of the sanctioned works under RDSS as well as to implement reforms prescribed under the scheme. He advised State to take up smart metering works in a phased manner, starting with Government establishments and subsequently for the commercial & industrial consumers. Based on experience and demonstration of benefits, the smart meters may be rolled out to other category of consumers. He emphasized on the need for focussed effort required for achieving viability of DISCOMs.

    Hon’ble Minister mentioned for providing necessary support for the RE evacuation plan of State through Inter State and Instra State Transmission System. Union Minister assured for continued support and cooperation of the GoI in the overall development of the State power sector.

    Hon’ble Chief Minister, Rajasthan welcomed Hon’ble Union Minister for his visit to the State for review of issues related to power sector. He assured of taking necessary measures for expeditious implementation of the Infrastructure works.

    ****

    SK

    (Release ID: 2125204) Visitor Counter : 73

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Unique Success of the Namami Gange Mission: The Return of the Red-Crowned Roofed Turtle to the Ganga After Three Decades

    Source: Government of India

    Unique Success of the Namami Gange Mission: The Return of the Red-Crowned Roofed Turtle to the Ganga After Three Decades

    This initiative marks a historic step in the Ganga’s ecosystem

    The return of the endangered Turtle species becomes a beacon of hope for  biodiversity conservation in Ganga

    Posted On: 29 APR 2025 7:53PM by PIB Delhi

     

    The Ganga River, which has been an integral part of Indian civilization for centuries, is now igniting the possibility of new life along its banks. Once home to endangered turtle species, the Ganga’s shores have now become a symbol of positive change in the direction of biodiversity conservation. This transformation is particularly evident in the return of the endangered Red-Crowned Roofed Turtle to the waters of the Ganga, a species that had previously seen a continuous decline in its population. This new hope in the Ganga’s waters is not only a significant step for these ancient creatures but also for the restoration of the entire ecosystem.

    Impact of the Namami Gange Mission

    Supported from Namami Gange, TSAFI project team conducted detailed assessment of turtle diversity and abundance of Haiderpur Wetland Complex (HWC) in 2020 followed by Habitat Evaluation study on newly formed turtle sanctuary near Prayagraj along Ganges in Uttar Pradesh in 2022.  Study along HWC suggested the presence of 9 turtle species whereas indirect evidence of 5 turtle species was gathered in Prayagraj. One of the most astounding findings of above and prior studies was that none of the viable population or individuals of Red-crowned Roofed turtle (RRT) Batagur kachuga were sighted or reported from the entire Ganga. The findings suggested that this was the most endangered species of entire North India, particularly Uttar Pradesh. Rao (1993) has seen a couple of specimens of this species above and below Bijnore barrage. In the last 30 years there was no confirmed report of any adult from the main channel of Ganga.

    Historic Efforts in Turtle Reintroduction

    On April 26, 2025, 20 turtles were carefully transferred from the Garhaita Turtle Conservation Center located within and under supervision of National Chambal Sanctuary, UP and released into the Haiderpur Wetland. These turtles were tagged with sonic devices to monitor their safety and migration. For the reintroduction process, the turtles were divided into two groups – one group was released above the barrage of the Haiderpur Wetland, while the other was released downstream in the main channel of the Ganga. This approach aims to determine which method is more effective for the turtles’ reintroduction.

     

    Way Forward: Restoration of Biodiversity

    This initiative marks a historic step in the Ganga’s ecosystem. During the monsoon season, the Haiderpur Wetland will completely connect with the main channel of the Ganga, allowing the turtles to disperse at their own pace. Over the next two years, the tracking and monitoring of these turtles will be conducted. This is the first attempt at reintroducing this species into the Ganga, following a ‘soft’ versus ‘hard’ release strategy. The goal is to establish the species’ population in the Ganga in a stable manner with active assistance from the UP Forest Department.

    Message of the Success of the Namami Gange Mission

    This important initiative will not only conserve turtle species but will also inspire the improvement of the ecosystem in Uttar Pradesh. The conservation effort for the Ganga has shown that if all stakeholders work together, even significant challenges can be overcome. The Namami Gange Mission’s initiative has become an inspiration not only in making the Ganga cleaner but also in restoring biodiversity and the ecosystem.

    ***

    Dhanya Sanal K

    Director

     

    (Release ID: 2125277) Visitor Counter : 55

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: IOS SAGAR CONCLUDES PORT CALL AT PORT LOUIS, MAURITIUS

    Source: Government of India

    Posted On: 29 APR 2025 5:12PM by PIB Delhi

    Reinforcing the enduring bond between India and Mauritius, IOS SAGAR made a significant and engaging port call at Port Louis, Mauritius, from 26 to 28 Apr 25, as part of its operational deployment in the Indian Ocean.

    During her harbour visit, the ship’s Commanding Officer called on the Commandant of the Mauritius Coast Guard, reaffirming the commitment to strengthen cooperation between the two maritime forces. Select personnel of the multinational crew visited several key training facilities of the Mauritius Police Force (MPF) , namely the Special Mobile Force Squadron, Maritime Air Squadron, Coast Guard Training School and the Police Helicopter Squadron and interacted with their counterparts. The visit provided a unique opportunity to exchange knowledge and experience and discuss areas of mutual interest in maritime security.

    As part of social activities, an invigorating joint yoga session was organised onboard IOS SAGAR, with participation from the multinational crew and MPF personnel. The Commandant of the National Coast Guard also attended the event. The crew of IOS SAGAR and the MPF also played a friendly volleyball match. IOS SAGAR opened its decks to visitors, welcoming members of the MPF, the Indian diaspora, and other enthusiastic groups. Visitors were given a tour of the ship and briefed on her operational capabilities, navigation systems, and life onboard. In addition, a trek to the iconic Signal Mountain was conducted for the ship’s crew, including the multinational crew.

    On departure from Port Louis, IOS SAGAR is scheduled to undertake a joint Exclusive Economic Zone (EEZ) surveillance with the Mauritius Coast Guard. Upon completion, the ship will proceed towards its next port of call, Port Victoria, Seychelles, continuing its mission of enhancing maritime security, regional cooperation , and goodwill in the Indian Ocean Region (IOR).

    _____________________________________________________________

    VM/SKS                                                                                                        95/25

    (Release ID: 2125196) Visitor Counter : 56

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Ministry of Labour & Employment signs MoU with Rapido in Presence of Union Ministers Dr. Mansukh Mandaviya and Sushri Shobha Karandlaje

    Source: Government of India

    Ministry of Labour & Employment signs MoU with Rapido in Presence of Union Ministers Dr. Mansukh Mandaviya and Sushri Shobha Karandlaje

    MoU to Enhance Logistics Employment Opportunities on NCS and Create Over 50 Lakh Livelihoods Opportunities in 1-2 years

    Posted On: 29 APR 2025 7:45PM by PIB Delhi

    Ministry of Labour & Employment and Rapido signed a Memorandum of Understanding (MoU) in New Delhi today, marking a significant step toward strengthening employment linkages in the logistics sector through the National Career Service (NCS) portal. The MoU was signed in the presence of Union Minister of Labour & Employment, Dr. Mansukh Mandaviya and Minister of State for Ministry of Labour & Employment, Sushri Shobha Karandlaje.

    In his address, Dr. Mandaviya stated, “The National Career Service portal is a dynamic platform bringing job seekers and employers together, across India. With over 1.75 crore active job seekers and over 40 lakh registered employers, it is playing a crucial role in workforce mobilization. NCS is getting strengthened day by day. It is integrated with My Bharat, eShram, SIDH, MEA – eMigarte portal along with many other private portals.”

    Dr. Mandaviya welcomed the collaboration and appreciated Rapido’s initiative to bring 50 lakhs livelihood opportunities on NCS Platform over a period of 1-2 years. Highlighting the platform’s accessibility and reach, Union Minister reiterated the government’s vision of making NCS a one-stop solution for employment, skilling, and counselling, and at the same time capable of hyperlocal job matching and supporting both domestic and international placements.

    Union Minister of State for Labour and Employment, Sushri Shobha Karandlaje expressed happiness with the association of NCS and Rapido and congratulated Rapido on focusing on women employment including 5 lakhs jobs for women.

    Secretary MoLE in her address mentioned that this MoU is a very important in light of the changing employment market in which job opportunity is becoming an important component and this collaboration is a reflection of the Ministry’s evolving approach to employment facilitation—one that is grounded in inclusivity, innovation, and impact. She complimented Rapido on the focus of Gender inclusivity.

    Mr. Pavan Guntupalli, Co-Founder, Rapido, thanked the Ministry for this collaboration emphasized that this partnership will scale up employment opportunities. He mentioned about Rapido’s “Pink Rapido” initiative especially for women. He expressed his happiness to be associated with NCS and Ministry of Labour and looks forward to a successful partnership.

    It is one of the steps, in the series of signing MoUs with the private employers/ portals, other leading employment/ Gig platforms etc. to bridge the gap between jobseekers and private sector employment, enabling a holistic approach to public-private coordination in job facilitation.

    Salient Points of the MoU:

    • Rapido will regularly post verified Rapido opportunities for driving Bike taxis, autos, and cabs, on the NCS portal and conduct hiring through it.
    • API-based integration will ensure real-time job postings and seamless application tracking for users.
    • Focus on inclusive hiring, particularly promoting employment opportunities for youth, women, and those seeking flexible work.
    • The partnership is expected to support structured onboarding, digital empowerment, and awareness of worker welfare schemes.

    The Ministry of Labour & Employment remains committed to improving employment outcomes across sectors through the NCS portal and will continue engaging with the private sector to foster an enabling ecosystem for India’s diverse workforce.

    ****

    Manish Gautam/Divyanshu Kumar

    (Release ID: 2125275) Visitor Counter : 32

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Scientists Chart the Sun’s Subsurface Weather Tied to Its 11-Year Activity Cycle

    Source: Government of India

    Posted On: 29 APR 2025 5:05PM by PIB Delhi

    An international team of solar physicists have traced giant tides of plasma beneath the Sun’s surface at a region called near-surface shear layer (NSSL). The plasma currents shift with the Sun’s magnetic heartbeat and could have far-reaching influence on space weather and Earth.

    The near-surface shear layer (NSSL) extending to about 35,000 km in depth is a critical region beneath the Sun’s surface. It is marked by distinct rotational behaviours that vary with depth and by changes, over space and time,  that relate to active region magnetic fields and the solar cycle.

    A study led by astronomers from the Indian Institute of Astrophysics (IIA), an autonomous institute of the Department of Science and Technology (DST) have probed the dynamic “inner weather” of the Sun – plasma currents just beneath its surface at the NSSL, that pulse in step with its 11-year sunspot cycle.

    In the research published last week, in ‘The Astrophysical Journal Letters’, researchers from the IIA, Stanford University (USA), and the National Solar Observatory (NSO, USA) have traced how these hidden flows shift over time, potentially reshaping our understanding of solar dynamics in general and how the Sun’s interior connects to its outer magnetic behaviour in particular.  

    Employing helioseismology—an advanced technique that tracks sound waves as they travel through the Sun—the team observed changes in the movement of solar material using more than a decade of data from NASA’s Solar Dynamics Observatory/ Helioseismic and Magnetic Imager (SDO/HMI) and the ground-based Global Oscillations Network Group (GONG) of National Solar Observatory (NSO), USA.

    Peering Beneath the Surface

    The analysis led by Professor S.P. Rajaguru and PhD student Anisha Sen from IIA revealed fascinating patterns — surface plasma flows converge toward active sunspot latitudes, but reverse direction midway through the NSSL, flowing outward to form circulation cells. These flows are strongly influenced by the Sun’s rotation and the Coriolis force—the same force responsible for the spin of hurricanes on Earth.

    The Coriolis effect swirls and shifts those inflows and outflows into a subtle but powerful sculptor of how the Sun spins at different depths, modifying the rotational shear (the gradient of rotation with depth). Yet intriguingly, these local currents do not power the Sun’s larger-scale zonal flows—known as torsional oscillations—suggesting that these global flows, which ripple through the Sun’s vast interior, must be powered by something deeper and more mysterious.

    Fig 1: Depictions of how flow structures near the surface (0.99 solar radii) and at a deeper layer near (0.95 solar radii) develop as sunspots appear and evolve over time (over the 11-year solar cycle). The directions of swirly motions in the northern and southern hemispheres of the Sun are determined by the Coriolis force, just the same way it shapes the storm systems on the Earth.

    Fig 2. Sketch showing the Coriolis force mediated average flow structures around active regions in the northern hemisphere of the Sun. The labels depict the signs of residuals in meridional flows, δUθ , and that in resulting residual rotational shear, δ(∂Ω/∂r), for the two depths, 0.99 and 0.95 Rsun which mark the radial boundaries of the NSSL. Figure Artwork Credit: Amrita Rajaguru}

     

    Zooming In and Looking Ahead

    “To validate our findings, we zoomed in on a massive sunspot region using 3D velocity maps. The localized flow patterns we observed matched the global trends—confirming both surface inflows and deeper outflows,” said lead author Anisha Sen.

    “This is a stunning look into how the Sun’s inner weather patterns form and evolve,” says Professor S.P. Rajaguru one of the authors of the paper. “Understanding these hidden patterns is not just academic—solar activity influences space weather that can disrupt satellites, power grids, and communications on Earth. This work brings us closer to understanding and building realistic models to predict the Sun’s behaviour.” The study group also included Abhinav Govindan Iyer and other international collaborators.

    These findings give us a better understanding of how the Sun’s magnetic activity is linked to its internal flows and hint that we might still be missing something lurking in deeper layers that truly drives its global dynamics.

    Paper Link:  https://doi.org/10.3847/2041-8213/adc919

    Media contact: Prof. S.P. Rajaguru, Indian Institute of Astrophysics, rajaguru@iiap.res.in

    ***

    NKR/PSM

    (Release ID: 2125195) Visitor Counter : 80

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Principal Scientific Adviser Unveils Landmark Report on ‘Evaluation of Innovation Excellence Indicators of Public Funded R&D Organizations’ (Round 2)

    Source: Government of India

    Posted On: 29 APR 2025 7:25PM by PIB Delhi

    The Office of the Principal Scientific Adviser (PSA) to the Government of India today launched the (Round 2) study report on “Evaluation of Innovation Excellence Indicators of Public Funded R&D Organizations”, aimed at benchmarking and enhancing innovation performance across India’s publicly funded research ecosystem. The Confederation of Indian Industry (CII) and the Center for Technology, Innovation, and Economic Research (CTIER) served as knowledge partners for this study, contributing their expertise to strengthen the assessment framework.

    The report was unveiled by Prof. Ajay Kumar Sood, Principal Scientific Adviser to the Government of India, during the 15th CII Global Innovation and IP Summit 2025 held in New Delhi today. The launch event was also joined by Dr. Parvinder Maini, Scientific Secretary, Office of PSA, Shri B.N. Satpathy, PSA Fellow; Dr. Rakesh Kaur, Adviser/Scientist ’G’; Ms. Remya Haridassan, Scientist ‘D’ and Hafsa Ahmad, Scientist ‘D’ from Office of PSA and senior industry leaders, researchers, and representatives from academia and industry were also present during the launch.

    The study presents a pioneering framework to evaluate innovation capacity and impact, developed through extensive engagement with stakeholders and supported by rigorous data analysis.

    Speaking at the launch, Prof. Sood emphasised the importance of robust evaluation mechanisms in aligning national R&D efforts with socio-economic priorities. “This report serves as a strategic tool for institutional improvement and policy formulation. It reflects our collective aspiration to make Indian science and research globally competitive and socially impactful,” he said. He further said that the report is more than a diagnostic tool and is a roadmap for strengthening India’s innovation capabilities through data-driven insights and strategic benchmarking.

    In her special address, Dr. Maini emphasised on the crucial role played by the publicly funded R&D institutions in translating national priorities into transformative solutions. She stated that these innovation excellence indicators offer a valuable metric for evaluating and benchmarking R&D institutes, ultimately fostering a stronger and more empowered innovation ecosystem.

    In his welcome remarks, Dr. Udayant Malhoutra, Chairman, CII National Committee on Design Innovation and CEO & Managing Director, Dynamatic Technologies Limited stated that India’s R&D ecosystem is increasingly driven by design-led innovation, fostering global competitiveness through collaboration and creativity.

    Mr Masood Mallick, Chairman, CII National Committee on Waste to Worth Technologies and Managing Director & Group CEO of Re Sustainability Limited stated that R&D in waste-to-worth technologies is unlocking sustainable solutions and circular economy models for a cleaner future.

    In his vote of thanks, Mr Shaheen Majeed, Vice-Chairman, CII National Committee on Intellectual Property and Global CEO & Managing Director, Sami-Sabinsa Group mentioned that a strong IP framework is vital to India’s R&D growth, empowering innovation across science and industry.

    This exercise reflects the Government of India’s continued commitment to fostering excellence, accountability, and innovation within publicly funded research and development institutions. The study saw participation from over 240 R&D organisations across 21 Ministries.

    The evaluation framework focused on six key dimensions—research output and quality, technology transfer and commercialization, collaborations and industry engagement, intellectual property generation, societal and policy impact, and human resource development and capacity building. These indicators were designed to provide a holistic view of innovation performance across institutions.

    Following the report launch, the Summit featured a session that explored the crucial role of fostering R&D partnerships in creating effective co-innovation ecosystems for technological progress. A panel of experts, including Prof. Kamal Kishore Pant (Director, IIT Roorkee), Dr. Vibha Malhotra Sawhney (Scientist H, CSIR Headquarters), Dr. Nagahanumaiah (Director, Central Manufacturing Technology Institute), Mr. P S Jayan (Corporate Technology Officer, Carborundum Universal), and Dr. Umish Srivastva (Executive Director, Technology Promotion & Forecasting, Indian Oil Corporation Ltd), discussed strategies and models for successful collaboration among research organisations, academia, government, and industry. The panel was moderated by Dr. Hafsa Ahmad (Scientist D, Office of PSA).

    The report can be accessed on:

     

    ***

    MJPS/ST

    (Release ID: 2125267) Visitor Counter : 77

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Digital Policy Office leads I&T industry delegation to visit Fuzhou (with photos)

    Source: Hong Kong Government special administrative region

    Digital Policy Office leads I&T industry delegation to visit Fuzhou  
         The exhibits in the Hong Kong Pavilion mainly come from award-winning projects in local and international I&T competitions, including the Hong Kong ICT Awards, Maker in China SME Innovation and Entrepreneurship Global Contest – Hong Kong Chapter, the Hong Kong/Shanghai Co-operation Open Data Challenge, and the Asia Pacific Information and Communications Technology Alliance Awards. They cover a wide range of cutting-edge technology fields, such as big data analysis, AI, blockchain, cloud computing and the Internet of Things. The applications of the exhibits are broad, spanning finance, healthcare, smart site management and digital entertainment, highlighting Hong Kong’s deep integration of the digital economy with the real economy, as well as high-quality development of new quality productive forces.
     
         Addressing the opening ceremony of the Hong Kong Pavilion yesterday morning, Mr Wong said that this year marks the first time for the DPO to lead a delegation to showcase technology at the Summit’s Hong Kong Pavilion. The exhibition not only provides a valuable opportunity for Hong Kong’s I&T industry, allowing the Mainland I&T industry and investors to gain an in-depth understanding of Hong Kong’s excellent services and leading products, but also helps Hong Kong enterprises tap into the enormous Mainland market and its diverse business opportunities. In addition, the exhibition showcases the remarkable innovative capabilities of Hong Kong’s I&T industry, highlighting the city’s potential to integrate into the overall I&T development of the country. 
     
         Yesterday afternoon, Mr Wong visited the Fujian Artificial Intelligence Computing Center to gain an in-depth understanding of the Center’s facilities and technology applications, as well as the status of its support for the development of the AI industry. He then visited the Fujian Big Data Trading Center to learn about the Center’s experiences and practices in promoting the development of the data trading business. Finally, he visited China Unicom’s Fuzhou Smart Cloud Data Center to learn how the enterprise built a green and low-carbon data centre with high computing power and high security, as well as its latest technology deployment in promoting “Hong Kong data stored in Fujian, Hong Kong data computed in Fujian”.
     
         Yesterday evening, Mr Wong attended the Digital China AI City Summit organised by Huawei Technologies Co, Ltd. He shared the latest developments in AI applications by the Hong Kong Special Administrative Region Government, as well as the Hong Kong Generative Artificial Intelligence Technical and Application Guideline released by the DPO on April 15, showcasing Hong Kong’s proactive measures in promoting the development of digital government and AI.
     
         Mr Wong attended the opening ceremony of the Summit this morning (April 29). The Summit, under the theme “Digital Intelligence Leads High-quality Development”, was co-organised by the National Development and Reform Commission, the National Data Administration, the Cyberspace Administration of China (CAC), the Ministry of Industry and Information Technology and the Fujian Provincial People’s Government, and undertaken by the Fuzhou Municipal People’s Government and relevant units. In the afternoon, Mr Wong attended a sub-forum on e-government services, hosted by the CAC, where he delivered a keynote speech on strategies for enhancing public services through digital empowerment in Hong Kong.
     
         Mr Wong concluded his visit today and returned to Hong Kong in the evening.
    Issued at HKT 19:26

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Subsidised sale flats of three Dedicated Rehousing Estates open for application in early May to households affected by Government development projects

    Source: Hong Kong Government special administrative region

    The Development Bureau announced today (April 29) that the subsidised sale flats of three Dedicated Rehousing Estate (DRE) projects, constructed by the Hong Kong Housing Society (HKHS), will be open for application from May 2 to 22. Out of the three DRE projects, two are located in the New Territories, and one is located in urban area.

    The three projects are “Sierra Terrace” located at Pak Wo Road, Fanling, “Eminence Terrace I” at Tin Sam Road, Hung Shui Kiu, and “Delight Terrace” at Muk Chun Street, Kai Tak. Application is open to eligible households affected by Government development projects in the New Territories and urban area, or the Urban Renewal Authority (URA)’s redevelopment projects of the Civil Servants’ Co-operative Building Society (CBS) buildings (Note 1). The HKHS and the Lands Department will gradually issue letters to notify relevant households of the application arrangements and details.

    The sale of DRE subsidised sale flats is one of the compensation and rehousing options available to non-owner households affected by Government development projects that need to relocate (Note 2). Eligible owner-occupiers affected by the URA’s CBS redevelopment projects may also choose to purchase subsidised sale flats in an urban DRE as one of the compensation and rehousing options.

    The three subsidised sale flat projects open for application this round will provide a total of 1 573 units, with details at Annex. Among them, intake of “Eminence Terrace I” has already taken place since October 2024 and the HKHS will put the remaining 179 units up for sale in this round of exercise. “Sierra Terrace” is expected to be ready for intake in the first quarter of next year, and “Delight Terrace” is expected to be ready for intake in the first quarter of 2027.

    The Government has reviewed the intake programmes of DREs in the pipeline and the timeline of various development projects in the coming few years, especially the Northern Metropolis. As the Government development projects in the coming few years as well as the households needing to relocate are mostly in the New Territories, to allow for better utilisation of the DRE resources, if there are unsold units upon completion of flat selection of the urban DRE “Delight Terrace” by households affected by Government development projects in urban area and URA’s CBS redevelopment projects, “Delight Terrace” will be open for purchase to households affected by Government development projects in the New Territories.

    As for the subsidised rental units of the three abovementioned DREs, intake of “Eminence Tower 1” in Hung Shui Kiu has taken place since March this year, while “Sierra Tower” at Pak Wo Road, Fanling, is expected to be ready for intake in October this year. The Lands Department and the HKHS will continue to process applications for these rental units in an orderly manner upon receipt. The rental units in the DRE in Kai Tak are expected to be completed and ready for intake in the first quarter of 2027, and the Government and the HKHS will notify relevant households of the application arrangements nearer the time. 

    Note 1:
    Households eligible to apply include:
    (i) Non-owner households affected by the Government development projects in the New Territories and urban areas that need to relocate (including those temporarily rehoused in transitional rental housing units of the HKHS or the Hong Kong Housing Authority (HKHA), and those currently residing within the development areas of the relevant Government development projects with the process of granting compensation and rehousing commenced – for the applicable project list, please refer to the website of the Lands Department (www.landsd.gov.hk/doc/en/land-acq-clearance/land-resumption-clearance/clearance-rehousing/Cat2(en).pdf);

    (ii) Eligible CBS owner-occupiers affected by the Kau Pui Lung Road/Chi Kiang Street Development Scheme and Shing Tak Street/Ma Tau Chung Road Development Project.

    Note 2:
    Other compensation and rehousing options available for non-owner households affected by Government development projects include rehousing to the public rental housing units of the HKHA (subject to a comprehensive means test) or rental units in DREs of the HKHS (on a non-means tested basis), and receiving ex-gratia cash allowances.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: First-of-its-kind collaboration between a government-backed apex research institution and a philanthropic private foundation

    Source: Government of India

    First-of-its-kind collaboration between a government-backed apex research institution and a philanthropic private foundation

    “Anusandhan National Research Foundation”, “Wadhwani Foundation” Forge Landmark Pact to Translate Research into Real-World Solutions

    The collaboration also marks a turning point in how research will be funded and delivered in India in the times to come

    In the presence of Prime Minister Narendra Modi and top ministers, a pivotal public-private research partnership is unveiled at Innovation Conclave

    Posted On: 29 APR 2025 5:02PM by PIB Delhi

    In a significant move to accelerate the transformation of India’s research ecosystem, the “Anusandhan National Research Foundation” (ANRF) and the “Wadhwani Foundation” exchanged a landmark “Letter of Intent” at the “Innovation Conclave” “YUGM” held at Bharat Mandapam here in the presence of Prime Minister Narendra Modi, Union Science and Technology Minister, Dr. Jitendra Singh and Union Education Minister, Dharmendra Pradhan.

    The partnership signals a first-of-its-kind collaboration between a government-backed apex research institution and a philanthropic private foundation, aimed at co-funding and scaling up research that can drive tangible societal impact. The agreement is also the inaugural step in ANRF’s strategy to foster expansive public-private partnerships across critical sectors of national relevance.

    Dr. Jitendra Singh, who has been at the forefront of India’s science and innovation transformation, said the initiative reflects the government’s resolve to create an enabling environment where research transcends academic silos and reaches the ground. “This is a step towards institutionalizing synergy between government, industry, and philanthropy,” he said, underlining the need for collaborative models that amplify both funding and outcomes.

    The ANRF, established under the National Education Policy 2020, was envisioned as a transformative body to democratize research, catalyze innovation, and bridge the long-standing gaps between academia, policy, and industry. With this new partnership, ANRF aims not only to fund cutting-edge science, but also to translate research into scalable, impactful solutions by aligning with national priorities and global challenges alike.

    Wadhwani Foundation’s involvement adds a crucial layer of experience in fostering entrepreneurship and innovation-driven development, especially among youth and start-ups. Together, the two entities will work to raise the scale and impact of late-stage translational research—projects that are often closest to delivering real-world outcomes but remain underfunded.

    The collaboration also marks a turning point in how research will be funded and delivered in India in the times to come—emphasizing inclusivity, interdisciplinary, and grassroots reach. In line with ANRF’s broader vision, this partnership aims to promote equitable access to resources and opportunities across the country, including tier-2 and tier-3 institutions, thereby fostering a more distributed and resilient research culture.

    The announcement at Conclave, a platform designed to bring together thought leaders across government, academia, and industry, set the tone for a new era in Indian innovation policy. As India strives to become a global research hub, this partnership is expected to play a pivotal role in shifting the focus from fragmented efforts to outcome-oriented, collaborative science.

    The move reinforces India’s march toward becoming a knowledge-based economy, with Prime Minister Modi’s vision of “Atmanirbhar Bharat” rooted not only in self-reliance but also in scientific excellence and societal good.

    ***

    NKR/PSM

    (Release ID: 2125194) Visitor Counter : 22

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Shipping Ministry hosts Workshop on Digital Transformation to achieve Maritime Amrit Kaal Vision 2047

    Source: Government of India

    Posted On: 29 APR 2025 7:13PM by PIB Delhi

    The Ministry of Ports, Shipping and Waterways (MoPSW) organised one-day workshop on IT Procurement and Project Management in New Delhi, aiming to enhance digital efficiency and streamline IT implementation across India’s maritime and shipping ecosystem.

    The workshop was virtually inaugurated by Hon’ble Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, who emphasised the transformative role of technology in modernising port operations and enhancing service delivery for stakeholders.

    Shri T.K. Ramachandran, Secretary, Ministry of Ports, Shipping and Waterways addressed the participants and underlined the importance of innovation, collaboration, and capacity building in accelerating the digital transformation within the maritime sector. 

    The event witnessed active participation from senior officials of the Ministry, various ports, and associated organisations.  In-depth sessions during the workshop focused on challenges in IT projects, identifying root causes, and exploring actionable solutions to improve project outcomes. Case studies from ongoing projects of the Ministry were discussed to draw practical insights.

    Key highlight of the event was a presentation on the proposed Digital Centre of Excellence (DCoE)—envisioned as a dedicated center for IT project delivery, to be developed with support from CDAC.

    Live demonstrations were held to showcase innovative digital tools, including SPARSH (Dashboard for Ports) and Counsello, AI-powered platforms developed by startups.  Draft IT Procurement Guidelines were also introduced during the session, with participants encouraged to share feedback based on their on-ground experience. The discussions were led by Shri R. Lakshmanan, Joint Secretary (IT), MoPSW, who reaffirmed the Ministry’s commitment to building resilient and future-ready digital systems.

    The workshop concluded with closing remarks by the Secretary, MoPSW, emphasising the need for effective project execution and integration of next-generation technologies such as AI, ML, and other indigenous software solutions. 

    A vote of thanks was delivered by the Deputy Director (IT), acknowledging the contributions of all participants.

    ***

     

    GDH/HR

    (Release ID: 2125263) Visitor Counter : 33

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Ghaziabad Nagar Nigam pioneers sustainable water management through India’s first certified Green Municipal Bonds

    Source: Government of India

    Posted On: 29 APR 2025 4:52PM by PIB Delhi

    Under the Swachh Bharat Mission-Urban, Ghaziabad has taken a landmark step in promoting sustainable infrastructure and urban resilience by successfully issuing India’s first Certified Green Municipal Bond, raising ₹150 crore for the development of a cutting-edge Tertiary Sewage Treatment Plant (TSTP).

    This isn’t just another infrastructure project—it is a game-changer that reflects Ghaziabad’s commitment to creating a sustainable future for its citizens. The funds have been directed towards the development of an advanced TSTP, a state-of-the-art facility designed to treat and reuse wastewater on an unprecedented scale.

    The Green Municipal Bond marked a new chapter in India’s financial landscape, providing a sustainable model for funding urban infrastructure. With support from the Govt. of India and the Govt. of Uttar Pradesh*, this project is more than just a water treatment facility; it is a blueprint for future cities across India to combine financial discipline with environmental responsibility.

    At the heart of the initiative lies the Tertiary Sewage Treatment Plant (TSTP), a technological marvel that utilizes advanced Membrane Filtration Technologies including microfiltration, ultrafiltration, nanofiltration, and reverse osmosis (RO). These cutting-edge technologies work together to ensure that treated water meets the highest standards, making it suitable for reuse in industrial processes.

    With a treatment capacity of 40 MLD, the TSTP is connected to a sprawling 95 km pipeline network, delivering treated water to over 1,400 industrial units across Ghaziabad. The plant ensures that wastewater no longer goes to waste but is instead transformed into a valuable resource that supports the city’s industrial sector, reducing dependency on freshwater sources.

    The project’s success lies not only in its technological and environmental achievements but also in its innovative financial structure. The TSTP was developed under the Public-Private Hybrid Annuity Model (PPP-HAM), with 40% municipal funding. This public-private partnership approach helped streamline the project’s implementation while ensuring financial discipline. GNN’s success in raising ₹150 crore through the Green Bond issuance demonstrated investor confidence in the city’s sustainable approach and has brought a new level of financial transparency and discipline to the Urban Local Body (ULB).

    GNN also contracted with over 800 firms, to supply 9.5 MLD of tertiary treated water, further establishing the city’s leadership in urban water management. Ghaziabad’s innovative approach didn’t go unnoticed on the global stage. The city was honoured with the Best Municipal Treated Water Reuse Award at the Water Digest World Water Awards 2024-25, a recognition that acknowledges the city’s excellence in water conservation, recycling, and sustainable water management.

    A team of 22 students and 4 faculty members from West Suffolk College, England, visited the Ghaziabad Municipal Corporation as part of an exposure visit. The team explored the TSTP plant and other municipal projects, gaining insights into Ghaziabad’s commitment to smart cities and sustainable development.

    With its pioneering efforts in advanced water treatment technologies, innovative financial models, and a commitment to environmental sustainability, Ghaziabad is leading the charge in India’s quest for cleaner, smarter, and more resilient cities.

    *****

    SK

    (Release ID: 2125188) Visitor Counter : 78

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions

    Source: Government of India

    Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions
    (Survey period: November 2024 to January 2025)

    Private Corporate Sector CAPEX: Three-Year Trends and Future Outlook:

    Posted On: 29 APR 2025 4:16PM by PIB Delhi

    Key findings:

    • The average Gross Fixed Assets per enterprise in the private corporate sector increased from ₹3,151.9 crore in 2021–22 to ₹3,279.4 crore in 2022–23 (4% growth), and further to ₹4,183.3 crore in 2023–24, reflecting a significant 27.5% growth.
    • The estimated CAPEX per enterprise for the years 2021–22, 2022–23, and 2023–24 was ₹109.2 crore, ₹148.8 crore and ₹107.6 crore respectively.
    • The estimated provisional capital expenditure per enterprise for purchasing new assets in 2024–25 is ₹172.2 crore.
    • Overall increase of 66.3% in aggregate CAPEX (unweighted) over the four-year period from 2021-22 to 2024-25.
    • The strategy of 40.3% of enterprises is to undertake CAPEX on core assets during 2024–25, followed by 28.4% to invest in value addition to existing assets

    Survey Background:

    In 2022–23, the Parliamentary Standing Committee recommended that the Ministry of Statistics and Programme Implementation (MoSPI) develop a comprehensive methodology to capture capital expenditure (CAPEX) data from the private sector. Survey instruments designed to capture data on past investments, projected CAPEX for the next two years, and the breakdown of investments by asset type were developed in alignment with the specifications of the Department of Economic Affairs (DEA), Ministry of Finance.

    Responding to this recommendation, the National Statistical Office (NSO) conducted the inaugural Forward-Looking Survey on Private Sector CAPEX Investment Intentions between November 2024 and January 2025. This marked the first initiative of MoSPI to engage the corporate sector through a self-administered, web-based survey platform, supported by chatbot assistance, to collect structured CAPEX data. MoSPI has released the findings of the survey in the form of a comprehensive booklet. A brief overview of key aspects, such as survey coverage, sampling methodology, and data collection process, is included in the Endnote.

    The primary objective of the CAPEX survey is to estimate the CAPEX trends of private corporate sector enterprises from the past three financial years (2021-22, 2022-23 & 2023-24) along with anticipated capital expenditure for the current year (2024-25) and upcoming financial years (2025-26).

    Key advantages of the Survey:

    Capital expenditure (CAPEX) plays a crucial role in contributing to national investment and enhancing the stock of physical assets within the economy. It leads to the creation of long-term assets, which not only generate revenue for many years but also improve the overall operational efficiency of economic activities. CAPEX is fundamental to expanding production capacity, thereby serving as a catalyst for accelerated economic growth. This growth, in turn, supports job creation and enhances labour productivity.

    Comprehensive data on CAPEX will be a valuable asset for a wide range of stakeholders, including government departments, private enterprises, trade associations, researchers, and other relevant entities. It will enable evidence-based policy formulation through the analysis of trends in future investments. Furthermore, a clear understanding of CAPEX patterns and scale can assist enterprises in making strategic, data-driven investment decisions, guided by the insights derived from survey findings.

    Important Caveat:

    In this inaugural edition of the survey, industry participation varied, with an overall response rate of 58.3% (58.6% in the census sector and 57.2% in the sample sector). Respondents appeared cautious in disclosing CAPEX plans, often pending management approvals. Certain entities, such as Special Purpose Vehicles (SPVs) involved in infrastructure projects, were excluded from the survey frame as they report no turnover despite high CAPEX. Meanwhile, some included SPVs had no future investment plans due to project completion. As this is the first round of the survey, the findings may be seen as indicative and subject to refinement in future iterations. It is also important to note that the results reflect responses from larger enterprises above specified turnover thresholds and may not represent the entire private corporate sector. Users are advised to interpret the results keeping these limitations in mind.

    Insights and Way Forward for Future Survey Conduct

    The Forward-Looking Survey on Private Sector Capex Investment Intentions, the first of its kind by the NSO, was conducted under the Collection of Statistics Act, 2008. Notices were issued to selected enterprises, explaining the survey’s objectives and assuring confidentiality. However, some enterprises questioned the legitimacy of notices containing portal credentials, leading to multiple cyber risk concerns. Explaining portal usage and submission procedures over the phone was challenging. Data analysis revealed issues such as incorrect unit entries (e.g., Rupees instead of Rupees thousands) and non-responses to follow-up queries. Enterprises also faced difficulties in selecting correct NIC codes and estimating future investments when official data was unavailable.

    CAPEX tends to rise when enterprises pursue growth strategies rather than maintain current operations. Despite challenges like weak demand, geopolitical tensions, and high borrowing costs, about 30% of firms plan to invest in upgradation in 2024–25, supporting the sharp increase in CAPEX for that year. The slightly lower intended CAPEX for 2025–26, though still above 2023–24 levels, reflects cautious planning after a strong 2024–25. Overall, the trend indicates growing corporate confidence and a judicious approach to investment amid improving economic certainty.

    While the response rate and results were generally promising, this initial round of the survey can be considered as an experimental phase, providing valuable insights to refine the questionnaire, methodology, estimation processes, and overall implementation. The lessons learned will guide improvements for future surveys, with necessary adjustments to various aspects of the survey process. Moving forward, responding enterprises will be engaged more proactively before the survey, with concerns about the authenticity of the online survey being addressed, assistance provided in understanding the questionnaire, confidentiality of individual responses ensured, and field personnel deployed to support enterprises in overcoming technical and conceptual challenges in completing future-oriented surveys. Additionally, the survey will incorporate qualitative inputs, such as reasons for year-on-year changes in investment, to gain deeper insights into enterprise-level CAPEX intentions and trends. The next round of the CAPEX survey is expected to be conducted during October to December 2025.

    Key highlights from the CAPEX results:

    Aggregated (Unweighted, i.e. without applying any multiplier) CAPEX during (2021-22 to 2025-26)

    A total of 2,172 enterprises submitted complete information for all five years of the reference period, forming a fixed panel. The aggregated (unweighted) CAPEX data from this panel of enterprises serves as a reliable basis for analyzing capital expenditure trends over the five-year period, as presented below. The results show an overall increase of 66.3% in aggregate CAPEX (unweighted) over the four-year period from 2021-22 to 2024-25.:

                    (in ₹ Crore)

    Actual CAPEX in 2021-22

    Actual CAPEX 2022-23

    Actual CAPEX 2023-24

    Intended CAPEX in 2024-25

    Intended CAPEX in 2025-26

    394,681.5

    572,199.7

    422,183.3

    656,492.7

    488,865.5

    Out of the 3,064 responding enterprises, 2,172 reported their Capex intentions for 2025–26. The data indicates a cautious approach by respondents in declaring their capital expenditure plans. Therefore, the Capex data for 2025–26 should be interpreted with caution, considering the conservative approach and apprehension shown by the responding enterprises in reporting these figures. However, the results show an overall increase of 23.9% in aggregate CAPEX (unweighted) during 2021-22 to 2025-26 for this fixed panel of 2,172 enterprises.

    Estimated Key Indicators for past years (2021-22 to 2023-24) by Industry of Activity as per National Industry of Classification (Activity Categories)

    The average Gross Fixed Asset (GFA) per enterprise in the private corporate sector was estimated at ₹3,151.9 crore in 2021–22. It increased by 4.0% to ₹3,279.4 crores in 2022–23, and further grew by 27.5% to reach ₹4,183.3 crore in 2023–24.

    The highest GFA per enterprise, exceeding ₹14,000 crore, was observed in the industry category ‘Electricity, Gas, Steam, and Air Conditioning Supply’, followed by ‘Manufacturing” enterprises (₹7,000 crore to ₹10,000 crore). Enterprises principally engaged in manufacturing activities accounted for more than 65% of the total Gross fixed asset[1] in private corporate sector over the past three years from 2021-22 to 2023-24 followed by enterprises engaged in ‘Electricity, Gas, Steam, and Air Conditioning Supply’ (8%-10%).

    In 2021–22, the estimated actual CAPEX per enterprise was ₹109.3 crore, compared to the proposed value of ₹102.7 crore, resulting in a realisation ratio of 106.41 %. A similar trend was observed in 2022–23, where the estimated value of actual CAPEX per enterprise reached ₹148.8 crore against a proposed value of ₹133.3 crore, also yielding a realisation ratio exceeding 100%. For 2023–24, the realisation ratio stands at 99.7%, with the estimated actual CAPEX per enterprise at ₹107.6 and the proposed CAPEX at ₹107.9.

    The estimated provisional capital expenditure per enterprise for acquiring new assets in 2024–25 stands at ₹172.2 crore. Among the sectors, manufacturing enterprises account for the largest share at 43.8%, followed by those in ‘Information and Communication Activities’ (15.6%) and ‘Transportation and Storage Activities’ (14.0%).

    Estimated Key Indicators for 2023-24 by Asset Groups

    The estimated provisional capital expenditure per enterprise for acquiring new assets in 2024–25 stands at ₹172.2 crore. Out of the total capital expenditure provisionally incurred in the year 2024-25, nearly 53.1% were utilized for purchasing machinery & equipment. The amount allocated for ‘capital work in progress’ (22.0%) and purchasing ‘dwellings, other buildings and structures’ (9.7%) had the next highest share of allocation.

    Strategy of CAPEX in 2024-25

    According to survey estimates, nearly 40.3% of enterprises plan to undertake CAPEX on core assets during 2024–25. Additionally, 28.4% intend to invest in value addition to existing assets, while around 11.5% focus on opportunistic assets, and 2.7% on debt strategies. The strategy of investing in distressed assets and non-performing loans was adopted by less than one-half of a percent of enterprises. Meanwhile, about 16.9% allocated their CAPEX towards other diverse investment strategies.

    Objectives of CAPEX in 2024-25

    The survey estimates indicate that nearly 49.6% of private corporate sector enterprises undertook CAPEX in 2024–25 primarily for income generation. An additional 30.1% directed their investments toward upgradation, while around 2.8% focused on diversification. Remaining 17.5% of enterprises reported using their CAPEX for other reasons.

    The results of CAPEX survey are provided in the booklet which is available in the website of the Ministry (https://www.mospi.gov.in). To protect the confidentiality of CAPEX investment plans of individual enterprises, the Steering Committee of NSS Surveys recommended that unit-level data of CAPEX survey would not be disseminated.

    Endnote: A brief about the coverage, sampling scheme, sample size and data collection mechanism in the Forward-Looking Survey on Private Sector CAPEX Investment Intentions:

    A. Coverage:

    The survey covered large private corporate sector enterprises that play a significant role in their respective sectors. The sampling frame was madeusing data from active enterprises registered with the Ministry of Corporate Affairs (MCA), filtered based on annual turnover thresholds achieved in at least one of the last three financial years. The eligibility criteria were as follows:

    • Manufacturing enterprises with an annual turnover of ₹400 crore or more
    • Trade enterprises with an annual turnover of ₹300 crore or more
    • Other enterprises with an annual turnover of ₹100 crore or more

    Based on these criteria, the final survey frame consisted of 16,025 enterprises.

    B. Sampling Scheme:

    Eligible enterprises were initially categorized into seventeen (17) strata based on their Principal Business Activity as reported in the MGT-7 Form of the Ministry of Corporate Affairs (MCA). In strata with 100 or fewer enterprises, all units were included in the Census Sector for complete enumeration.

    For strata with more than 100 enterprises, the selection process involved identifying Census Sector Enterprises and Sample Sector Enterprises. To determine the Census Sector, enterprises were ranked in descending order based on (i) the highest fixed asset value in the past three years and (ii) the fixed asset value of latest reported year. The top enterprises accounting for 90% of asset value (or 80% for Construction and Trade) from either list were classified as Census Sector Enterprises. The remaining units formed the Sample Sector, from which 10% were randomly selected using Simple Random Sampling without Replacement (SRSWOR), with allocation proportional to each stratum’s size and variation.

    C. Sample Size:

    The sample size for the survey was of 5,380 enterprises: 4,145 enterprises in the Census Sector and 1,235 enterprises in sample sector.

    D. Data Collection Mechanism:

    The survey was conducted under the provisions of the Collection of Statistics Act, 2008, with prior notices sent to all selected enterprises outlining the survey’s objective and intended use of the data. Confidentiality of individual responses was strictly maintained, and no unit-level data would be disseminated. A secure, dedicated web portal was developed to enable selected enterprises to complete and submit the survey questionnaire online. The portal included background information on the survey, reasons for a unit’s selection, and chatbot support to assist respondents in understanding key concepts and definitions.

    *****

    Samrat/Allen

    (Release ID: 2125175) Visitor Counter : 143

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong Customs combats unfair trade practices at medicine shop

    Source: Hong Kong Government special administrative region

    Hong Kong Customs combats unfair trade practices at medicine shop 
    Customs earlier received information alleging that a salesperson of a medicine shop in Jordan was suspected of providing material information about the total price of a proprietary Chinese medicine in an untimely manner. The total price, which was 10 times higher than what was expected, was only revealed after the medicine was ground into powder.
     
    After an extensive investigation, Customs officers today arrested a 32-year-old salesman of the medicine shop concerned.
     
    An investigation is ongoing and the arrested man was held for questioning.
     
    Customs has long been concerned about visitors being misled into making purchases by unfair trade practices, and has established a Quick Response Team to handle urgent complaints lodged by short-term visitors. The complaints will be promptly referred to investigators to handle with priority.
     
    With the Labour Day Golden Week of the Mainland approaching, Customs will continue to step up inspection and enforcement activities to vigorously combat unfair trade practices.
     
    Customs reminds traders to comply with the requirements of the TDO, and consumers to purchase products from reputable shops. Consumers should also be cautious about the unit price for a commodity and ask for more information, including the total price of the goods selected, before making a purchase decision.
     
    Under the TDO, any trader who engages in a commercial practice that omits or hides material information or provides material information in a manner that is unclear, unintelligible, ambiguous or untimely, and as a result causes, or is likely to cause, an average consumer to make a transactional decision, commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.
     
    Members of the public may report any suspected violations of the TDO to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/enIssued at HKT 18:35

    NNNN

    MIL OSI Asia Pacific News –