Category: India

  • MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh holds interaction with Udhampur public representatives , civil society members in wake of security concerns

    Source: Government of India

    Union Minister Dr. Jitendra Singh holds interaction with Udhampur public representatives , civil society members in wake of security concerns

    Dr. Jitendra Singh for the formation of a Civil Society Committee to facilitate regular feedback, timely suggestions

    Udhampur’s long-pending dream of an operational airport is close to reality, a development expected to significantly boost local connectivity both for civilians as well as the Army which has its Northern headquarters over here

    Widening of the Dhar Road for smooth movement of security forces and the much-anticipated Ujh Multipurpose Project which is also proved vulnerable for cross border infiltrations

    Posted On: 27 APR 2025 7:24PM by PIB Delhi

    Union Minister Dr. Jitendra Singh visited Udhampur today, where he held a comprehensive interaction with public representatives and local citizens and also conducted a review of the security arrangements.

    During the meeting, while reassuring the citizens about reinforcement in security deployment, Dr. Jitendra Singh also emphasized the government’s initiatives for the all-round development of the district. He highlighted several key infrastructure and public welfare projects in the region which are being expedited because of their security relevance as well.

    These, the Minister said, include the widening of the Dhar Road for smooth movement of security forces and the much-anticipated Ujh Multipurpose Project which is also proved vulnerable for cross border infiltrations and is being pursued by both the Ministry of Home Affairs and the Ministry of Jal Shakti. He expressed optimism about positive progress on the project.

    Dr. Jitendra Singh also revealed that Udhampur’s long-pending dream of an operational airport is close to reality, a development expected to significantly boost local connectivity both for civilians as well as the Army which has its Northern headquarters over here and also the economic prospects.

    Adding to the infrastructure push, he informed that the proposed Chatargala Tunnel project is on the agenda, promising to further improve road connectivity in the region and avoid its turning into a militant hideout particularly when it is snow clad and cut off. . He said that efforts are underway to improve mobile connectivity in Udhampur, with the installation and streamlining of mobile towers across the district.

    Addressing the needs of youth, the Minister announced that army recruitment drives have resumed, and discussions have already been held with the incoming General Officer Commanding (GOC), Lt Gen Prateek Sharma, who will soon assume charge.

    He further underscored Udhampur’s growing importance in the upcoming Shri Amarnath Yatra, particularly as train services will directly connect pilgrims to the area.

    Dr. Jitendra Singh called for the formation of a Civil Society Committee to facilitate regular feedback, timely inputs. He added that such a mechanism will enhance participatory governance.

    Speaking on security concerns, Dr. Jitendra Singh said that appropriate security responses will be ensured. “The recent events are an eye-opener. We will address all concerns and constraints to ensure peace and safety. Miscreants will be dealt with firmly,” he added.

    Dr. Jitendra Singh also expressed his appreciation to the district administration, particularly the Deputy Commissioner, for their ongoing efforts in maintaining law and order and supporting developmental initiatives.

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  • MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh visits Udhampur, reviews security arrangements at high

    Source: Government of India

    Union Minister Dr. Jitendra Singh visits Udhampur, reviews security arrangements at high

    We will address all concerns and constraints to ensure peace and safety. Miscreants will be dealt with firmly,

    Also had a detailed meeting with Lt Gen Pratik Sharma who is to take over as GoC Northern Command Udhampur from 1st May

    Detailed discussion about hot spots, vulnerability  and strategies to plug the same were discussed in length an breath

    Posted On: 27 APR 2025 7:22PM by PIB Delhi

    Union Minister Dr. Jitendra Singh visited Udhampur today, where he conducted a review of the security arrangements.

    Speaking on security concerns, Dr. Jitendra  Singh said that appropriate security responses will be ensured. “ We will address all concerns and constraints to ensure peace and safety. Miscreants will be dealt with firmly,” he added.

    Dr Jitendra Singh also disclosed that he had also had a detailed meeting with Lt Gen Pratik Sharma who is to take over as GoC Northern Command Udhampur from 1st May. He appreciated the role of Indian Army in keeping the morale of general public high through their strategic presence at sensitive points.

    He also extended good wishes to Gen Pratik Sharma who is taking over command at a time when J& K is in focus.

    Dr. Jitendra Singh also expressed his appreciation  to the district administration, for their ongoing efforts in maintaining law and order and supporting developmental initiatives.

     

    Detailed discussion about hot spots, vulnerability  and strategies to plug the same were discussed in length and. Breath. Directions were issued to work in sync and coordination with all security agencies.

    The media was not allowed into the high level security meeting. However, later Dr Jitendra Singh speaking to the media, said that such details can’t be shared in public. He said , there are certain inputs which are available only with the concerned security agencies and they act accordingly without speaking about it openly but the positive outcomes become visible to public after the success of their action, he said.

    Nevertheless, the Minister said, the security forces had spelt out a plan to keep the confidence of the general public high and not let them feel insecure by any means.

    Senior officers DIG Udhampur Reasi Range, Sarah Rizvi , DC Udhampur Saloni Rai, SSP Amod Nagpure, ADDC Rajinder Singh , ADC Prem Singh , ACR Umesh Shan, SDM Chennai Ranjit Kotwal ,SDM Ramnagar Rajinder Singh Rana, SDM Dudu  Manmeet Kumar & SDM Basant Garh, Waheed Ul Rehman, SDPO Ramnagar, Sultan Mirza, SDPO Chenani Sukhvir Singh, DY SP HQ Prahlad Sharma, Dy SP PC Udhampur Asgar were present for the meeting.

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  • MIL-OSI Asia-Pac: Misleading WhatsApp message pertaining to donation to a particular bank account for modernisation of Indian Army

    Source: Government of India

    Posted On: 27 APR 2025 6:20PM by PIB Delhi

    There is a misleading message doing the rounds on WhatsApp pertaining to donation to a particular bank account for the modernisation of the Indian Army and for the soldiers injured or killed in action. The message quotes a Cabinet decision to this effect and invokes the name of actor Shri Akshay Kumar as being the prime mover of the proposal.

    The account details in the said message are wrong, leading to online donations getting dishonoured. People must remain cautious and not fall prey to such fraudulent messages.

    The Government has initiated several welfare schemes for soldiers killed or disabled during active combat operations.

    • In 2020, Government instituted ‘Armed Forces Battle Casualty Welfare Fund (AFBCWF)’ which is utilised for grant of immediate financial assistance to the families of soldiers/sailors/airmen who lay down their lives or get grievously injured in active military operations. The Indian Army, on behalf of the Department of Ex-Servicemen Welfare, Ministry of Defence maintains the accounts for the fund. Contribution can be made directly in the account of Armed Forces Battle Casualties Welfare Fund. Details of the bank accounts are given below:

     

    1st Account

    Fund Name

    Armed Forces Battle Casualties Welfare Fund

    Bank Name

    Canara Bank, South Block, Defence Headquarters New Delhi – 110011

     

    IFSC Code

    CNRB0019055

    Account No

    90552010165915

    Type of A/c

    Saving

     

    2nd Account

    Fund Name

    Armed Forces Battle Casualties Welfare Fund

    Bank Name

    State Bank of India, Parliament Street, New Delhi – 110011

    IFSC Code

    SBIN0000691

    Account No

    40650628094

    Type of A/c

    Saving

     

    Donations can also be made through a Demand Draft drawn in favor of AFBCWF payable at New Delhi which may be sent by post to the following address:

     

    Accounts Section

    Adjutant General’s Branch

    Ceremonial & Welfare Directorate

    Room No 281-B, South Block

    IHQ of MoD (Army), New Delhi – 110011

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  • MIL-OSI Asia-Pac: The Indian Digital Gaming Society Finalists of Innovate2Educate: Handheld Device Design Challenge at WAVES 2025

    Source: Government of India

    Posted On: 27 APR 2025 4:53PM by PIB Mumbai

    Mumbai, 27 April 2025

     

    The Indian Digital Gaming Society (IDGS) has announced the top 10 finalists of the Innovate2Educate: Handheld Device Design challenge. The competition, organised by the IDGS in collaboration with the Ministry of Information and Broadcasting as part of the upcoming World Audio Visual Entertainment Summit (WAVES) 2025, is aimed at driving innovation among the youth at the intersection of technology, education, and gaming, inspiring breakthrough ideas and design for handheld devices that can revolutionize learning experiences.

    The top 10 finalists have been selected from 1856 registration of innovative ideas after rigorous evaluation by an expert jury panel comprising industry leaders, technologists, educators, and designers. The jury includes Mr Indrajit Ghosh, Co-Founder, Eruditio; Mr Rajeev Nagar, Country Manager, Inda and SAARC, Huion; and Mr Jeffrey Cray, Co-Founder and Product Head, Squid Academy.

    The 10 finalists are:

    1. KARNATA PARVA – Code Craft Junior (Karnataka)

    2. VIDYARTHI – Smart Learning Tablet for Kids: An Interactive and Adaptive Educational Companion (Karnataka and Andhra Pradesh)

    The young innovators have developed the Smart Learning Tablet—a low-cost, voice-assisted, interactive educational device powered by ESP8266 or Raspberry Pi. Designed with children in mind, this tablet provides a screen-free, internet-free alternative to traditional and digital learning tools that are often inaccessible due to high costs and connectivity barriers.

    3. TECH TITANS – Smart Handwriting Learning Device with Interactive Writing Assistance (Tamil Nadu)

    Blending traditional writing methods with modern technology, the Smart Handwriting Learning Device is designed to transform how children learn to write. The device offers real-time interactive feedback, a multilingual learning experience, and an offline, affordable solution tailored especially for early learners in underserved areas.

    4. PROTOMINDS – EduSpark (Delhi, Kerala, UP, Bihar)

    EduSpark is an affordable, AI-powered handheld device designed to spark curiosity and accelerate cognitive growth in young children aged 6 to 8. Apart is its adaptive AI engine as children play educational games—ranging from Sudoku and math challenges to mazes and memory puzzles—the device adjusts difficulty in real-time, helping each learner progress at their own pace.

    5. APEX ACHIEVERS – BODMAS Quest: Gamified Math Learning For Smarter Education (Tamil Nadu)

    BODMAS (Brackets, Orders, Division/Multiplication, Addition/Subtraction) often poses challenges to young learners, slowing their confidence and progress in mathematics. BODMAS Quest changes that by transforming learning into an immersive, reward-based journey.

    6. SCIENCEVERSE – The Imperative of Interactive Educational Handheld Devices for Children (Indonesia)

    7. V20 – VFit – Interactive Learning Through Play (Tamil Nadu)

    8. WARRIORS– Maha-shastra (Dehi)

    Maha-Shastra is an innovative educational ecosystem designed to reshape the learning experience for students aged 5 to 18. . Built for inclusivity and scalability, the platform combines quizzes, real-time simulations, AI-powered tutoring, and multilingual support to meet the diverse needs of learners across India and beyond. Its core is a handheld AI-powered device that engages students through interactive games, adaptive quizzes, and offline collaboration using LoRa-based meshtastic networks

    9. KIDDYMAITRI– A Handheld Mathematical Gaming Console (Mumbai, Odisha, Karnataka)

    Over half of Indian students tested fell below global minimum standards in foundational numeracy. Recognizing this critical challenge, Team Kiddymaitri took inspiration from NEP 2020, focusing on native language learning, technological integration, and traditional Indian values to develop a truly local and impactful learning solution.

    10. E-GROOTS– Micro Controller Mastery Kit (Tamil Nadu)

    The top 10 shortlisted teams will present their ideas at a special showcase during the WAVES 2025 in Mumbai. The winners of the challenge will be felicitated at the grand finale by the ministry.

     

    About WAVES

    The first World Audio Visual & Entertainment Summit, 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

    Register for WAVES now

     

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  • MIL-OSI Video: Anti-Christian Bias Task Force, Terrorists Captured, Debunking Fake Media | This Week at DHS

    Source: United States of America – Federal Government Departments (video statements)

    It was a busy week at DHS: Secretary Noem joined the first Department of Justice led Anti-Christian Bias Task Force. U.S. Border Patrol posted a 99.99 percent drop in catch and release of migrants at the border. ICE has arrested over 200 terrorists, including one of India’s most wanted. DHS debunked the false narrative of the mainstream media that criminal illegal aliens are “victims of the system.” The Secretary met with top podcasters, radio hosts and new media to spotlight the Department’s work to keep Americans safe. And DHS has made improvements to the Systematic Alien Verification Entitlement Program, known as the SAVE database.

    https://www.youtube.com/watch?v=CYwxrggrmus

    MIL OSI Video

  • MIL-OSI Asia-Pac: Two-Day Interactive Workshop on Adoption of Industry & Quality Assurance for Defence Production held in New Delhi

    Source: Government of India

    Posted On: 28 APR 2025 3:27PM by PIB Delhi

    A two-day interactive workshop on adoption of Industry 4.0 & Quality Assurance (QA) 4.0 for Defence Production was conducted by Ministry of Defence (MoD) & Department of Defence Production (DDP) on April 24 & 25, 2025 at HQ Directorate General of Quality Assurance (DGQA). The workshop was aimed at brainstorming the nuances for implementation of automation in different Defence Public Sector Undertaking (DPSUs) and learning from each other’s experience.

    The workshop was inaugurated by Joint Secretary (Land Systems) MoD/ DDP, Dr Garima Bhagat. Dr Bhagat highlighted that MoD is committed to working with DPSUs and the Industry to use niche technologies like loT, Big data Analytics, Al & Block Chain etc. for Adoption of Industry 4.0 and QA 4.0 towards producing World Class Defence Products. During the interactive workshop, Director General, DGQA Shri N Manoharan, informed that a National Level Defence Quality Conclave is scheduled on May 08, 2025 wherein the vision document of Adoption of Industry 4.0 & QA 4.0 will be released and an expert panel discussion on the subject will be held.

    The workshop was conducted under the ‘Year of Reforms’ initiative as per the directions of Raksha Mantri Shri Rajnath Singh and Secretary (Defence Production) Shri Sanjeev Kumar.

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  • MIL-OSI Asia-Pac: WAVES Animation Film-makers’ Challenge brings to the fore 42 amazing animation films

    Source: Government of India

    WAVES Animation Film-makers’ Challenge brings to the fore 42 amazing animation films

    Animation Films: 18 short films, 12 feature films, 9 TV series and 3 AR/VR projects make it to WAVE Summit

    Posted On: 28 APR 2025 2:41PM by PIB Mumbai

    Mumbai, 28 April 2025

     

    The 42 finalists of the Animation Film Makers Competition (AFC), held as part of the ‘Create in India Challenge Season-1’ of World Audio-Visual and Entertainment Summit 2025, were declared in the second week of April. Dancing Atoms Studios, which collaborated with the Union Ministry of Information & Broadcasting, in organizing the national level challenge since its inception, has brought out a comprehensive creative catalogue on the best 42 projects to be showcased in the WAVE Summit to be held in Mumbai from May 1-4, 2025. This unique initiative aims to connect talented creators with like-minded individuals, producers, and distributors, fostering collaborations between creators and the industry that transcend geographical boundaries. 

    These best 42 projects that came up from after a rigorous nine-month evaluation process of the competition, have shown a focus on original storytelling across the entire spectrum of animation, encompassing traditional animation, VFX, Augmented Reality (AR)/Virtual Reality (VR), and virtual production. The creative catalogue features a diverse range of innovative projects, including – 12 feature films, 18 short films, TV Series: 9 TV/Limited Series and 3 AR/VR experiences. All 42 shortlisted film projects will be showcased to industry stakeholders through this unique initiative. 

    The shortlisted 18 short animation film creators and their projects are as follows:

    1) Shreya Sachdev – Vani

    2) Shrikant S Menon – Odiyan

    3) Prasanth Kumar Nagadasi – Best Friends

    4) Shweta Subhash Marathe – MELTING SHAME

    5) Anika Rajesh – Achappam

    6) Martand Anand Ugalmugle – Chandomama

    7) Kiruthika Ramasubramanian – A Dream’s Dream

    8) Harish Narayan Iyer – KARABI

    9) Triparna Maiti – The Chair

    10) Arundhati Sarkar – So close yet so far, 

    11) Gadam Jagadish Prasad Yadav – Symphony of Darkness

    12) Vetrivel – The Last Treasure

    13) Gargi Gawthe – Godva

    14) Shreeyaa Vinayak Pore – Kali (Bud)

    15) Harshita Das – Luna 

    16) Sandhra Mary – MISSING

    17) Richa Bhutani – Climatescape

    18) Hirak Jyoti Nath – Tales From The Tea House

    The 12 finalists of animation feature films creators and their projects are:

    1) Catharina Dian Wiraswati S – Fly!

    2) Shubham Tomar – Mahzun 

    3) Srikanth bhogi – Rudhra

    4) Anirban Majumder- BABAR AUR BANNO – A friendship saga

    5) Nandan Balakrishnan – The Dream Balloon

    6) Jacqueline C Ching – Lykke and the Trolls

    7) Rohit Sankhla – Dwarka The Lost City of Shree Krishna

    8) Bhagat Singh Saini – RED WOMAN

    9) Abhijeet Saxena – Arise, Awake

    10) Vamsi Bandaru – Ayurveda Chronicles – Search for the Lost Light

    11) Piyush Kumar – Wrong programming..the unleashed wars of ai.

    12) Khambor Batei – Kharjana – Lapalang – A Khasi Folklore Reimagined

    The 9 shortlisted animation TV/Limited Series creators and their projects are: 

    1) Jyothi Kalyan Sura – Jackie & Jilal

    2) Tuhin Chanda – Chupi : Silence behind laws

    3) Kishore Kumar Kedari – Age of the Deccan: The Legend of Malik Ambar

    4) Bhagyashree Satapathy – Pāśa

    5) Rishav Mohanty – Khatti 

    6) Sukankan Roy – Sound of Joy

    7) Atreyee Poddar, Sangeeta Poddar and Bimal Poddar – MORAY KAKA

    8) Prasenjit Singha – The Quiet Chaos

    9) Segun Samson,Omotunde Akiode – Maapu.

    The 3 AR/VR experience creators and their projects are:

    1) Sundar Mahalingam – Ashvamedha – The Unsealed Fate 

    2) Anuj kumar Choudhary – Liminalism

    3) Isha Chandna – Toxic Effect Of Substance Abuse On Human Body. 

    For the first time, bringing all 42 projects together in one creative catalogue is a testament to the sheer talent we have discovered, stated Saraswathi Buyyala, Founder and CEO of Dancing Atims Studios. The Waves Advisory Board, comprising industry veterans and influential figures in media and entertainment, will play a crucial role in evaluating the potential of these projects and guiding them towards production and distribution, she added. Ms. Buyyala also informed, the global revenue generated by these dynamic verticals underscores the immense potential within the animation industry. In 2024, the global animation market witnessed substantial growth. Short Films contributed an estimated $20 billion in revenue through various platforms including online streaming, festivals, while educational content is projected to reach $70 billion USD by 2032. Feature Films, which represents the largest segment, generated approximately $30 billion USD to $32.3 billion USD at the global box office and through ancillary markets. Animation TV Series experienced a boom driven by streaming services, accounting for around $512 billion USD in production and licensing revenue. AR/VR and immersive entertainment market, including AR/VR animation is a burgeoning sector. It reached an estimated USD 22.12 billion and USD 79.36 billion, with significant growth projections. AR/VR technologies are transforming sectors including gaming, healthcare, retail, education, and manufacturing, fueled by demand for immersive experiences and substantial investment. While North America holds a significant share, the Asia Pacific region is anticipated for the fastest growth, she added. 

    For more details on the WAVES 2025 Animation Filmmakers Challenge, please see: 

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2122837

    Click here to view the catalogue on the 42 finalists of Animation Filmmakers Challenge. 

     

    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

    Come, Sail with us! Register for WAVES now

     

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  • MIL-OSI Asia-Pac: External merchandise trade statistics for March 2025

    Source: Hong Kong Government special administrative region

    External merchandise trade statistics for March 2025 
         In March 2025, the value of total exports of goods increased by 18.5% over a year earlier to $455.5 billion, after a year-on-year increase by 15.4% in February 2025. Concurrently, the value of imports of goods increased by 16.6% over a year earlier to $500.9 billion in March 2025, after a year-on-year increase by 11.8% in February 2025. A visible trade deficit of $45.4 billion, equivalent to 9.1% of the value of imports of goods, was recorded in March 2025.
     
         For the first quarter of 2025 as a whole, the value of total exports of goods increased by 10.9% over the same period in 2024. Concurrently, the value of imports of goods increased by 9.8%. A visible trade deficit of $80.7 billion, equivalent to 6.4% of the value of imports of goods, was recorded in the first quarter of 2025.
     
         Comparing the first quarter of 2025 with the preceding quarter on a seasonally adjusted basis, the value of total exports of goods increased by 12.7%. Meanwhile, the value of imports of goods increased by 9.9%.
     
    Analysis by country/territory
     
         Comparing March 2025 with March 2024, total exports to Asia as a whole grew by 22.4%. In this region, increases were registered in the values of total exports to some major destinations, in particular Taiwan (+61.3%), Malaysia (+57.3%), Vietnam (+41.3%), the Philippines (+34.5%) and the mainland of China (the Mainland) (+25.4%). On the other hand, a decrease was recorded in the value of total exports to Korea (-22.8%).
     
         Apart from destinations in Asia, increases were registered in the values of total exports to some major destinations in other regions, in particular the United Kingdom (+48.5%) and the USA (+11.4%). On the other hand, a decrease was recorded in the value of total exports to the Netherlands (-29.0%).
     
         Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+95.1%), Taiwan (+75.8%), the United Kingdom (+55.6%), Malaysia (+46.9%) and the Mainland (+7.4%). On the other hand, a decrease was recorded in the value of imports from Korea (-21.0%).
     
         For the first quarter of 2025 as a whole, increases were registered in the values of total exports to some major destinations, in particular Vietnam (+69.1%), Taiwan (+40.6%) and the Mainland (+16.2%). On the other hand, decreases were recorded in the values of total exports to the United Arab Emirates (-36.9%) and India (-20.2%).
     
         Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+68.9%), the United Kingdom (+57.4%), Taiwan (+53.9%), Malaysia (+47.6%) and the Mainland (+4.1%). On the other hand, a decrease was recorded in the value of imports from Korea (-23.6%).
     
    Analysis by major commodity
     
         Comparing March 2025 with March 2024, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $51.2 billion or +133.5%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $20.8 billion or +11.1%). 
     
         Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $44.4 billion or +130.8%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $22.2 billion or +11.5%).
     
         For the first quarter of 2025 as a whole, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $86.7 billion or +82.6%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $43.3 billion or +8.6%).  On the other hand, a decrease was registered in the value of total exports of “telecommunications and sound recording and reproducing apparatus and equipment” (by $12.1 billion or -9.0%).
     
         Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $74.8 billion or +91.1%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $52.4 billion or +10.6%). On the other hand, a decrease was registered in the value of imports of “non-metallic mineral manufactures” (by $10.0 billion or -24.0%).
     
    Commentary
     
         A Government spokesman said that the value of merchandise exports grew sharply by 18.5% in March over a year earlier.  Exports to the Mainland grew strongly, while those to other major Asian economies showed mixed performance. Exports to the United States increased visibly, and those to the European Union registered a marginal increase.
     
         Looking ahead, global trade tensions have escalated abruptly due to the significant increases in tariffs by the United States in early April. This will pose challenges to Hong Kong’s merchandise trade performance. Nevertheless, the steady growth in the Mainland economy, together with Hong Kong’s proactive efforts in enhancing economic and trade ties with different markets, should help buttress trade performance. The Government has been providing support to enterprises through various measures in coping with the external challenges, and will monitor the situation closely.
     
    Further information
     
         Table 1 presents the analysis of external merchandise trade statistics for March 2025. Table 2 presents the original monthly trade statistics from January 2022 to March 2025, and Table 3 gives the seasonally adjusted series for the same period.
     
         The values of total exports of goods to 10 main destinations for March 2025 are shown in Table 4, whereas the values of imports of goods from 10 main suppliers are given in Table 5.
     
         Tables 6 and 7 show the values of total exports and imports of 10 principal commodity divisions for March 2025.
     
         All the merchandise trade statistics described here are measured at current prices and no account has been taken of changes in prices between the periods of comparison. A separate analysis of the volume and price movements of external merchandise trade for March 2025 will be released in mid-May 2025.
     
         The March 2025 issue of “Hong Kong External Merchandise Trade” contains detailed analysis on the performance of Hong Kong’s external merchandise trade in March 2025 and will be available in early May 2025. Users can browse and download the report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020005&scode=230 
         Enquiries on merchandise trade statistics may be directed to the Trade Analysis Section of the C&SD (Tel: 2582 4691).
    Issued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: Global Web3 Giants Bitget and Avalanche Join Forces to Boost Web3 Ecosystem in India

    Source: GlobeNewswire (MIL-OSI)

    NEW DELHI, April 28, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading crypto exchange and web3 company announced a strategic collaboration with Avalanche®, the fastest and most reliable smart contracts platform in the world. Bitget and Avalanche are leaders in the field of digital asset trading and blockchain technology respectively and the partnership is aimed at leveraging the combined strength of both global brands to enable grassroots adoption of web3 technology.

    Avalanche is investing aggressively in the Indian region, working closely with more government agencies on welfare projects and rolling out a mini grants program to encourage builders of all stages to build on their platforms. Bitget’s Blockchain4youth program has pledged $10 million over 5 years offering scholarships, workshops and hackathons to the web3 community in India and across the globe. Bitget’s Blockchain4Her initiative is aimed at supporting women-led web3 projects in India and across the globe.

    The first leg of the program kicked off with the ‘HODL ON’ tour which conducted their first 2 meetup events in Delhi & Bangalore with the mutual agenda to boost education & knowledge about blockchain & cryptocurrencies in the region.

    Commenting on the development, Devika Mittal, Regional Head at Ava Labs, said India has a very robust web3 community. Our goal with events is to provide a space to any web3 enthusiast – whether in Delhi or Varanasi or anywhere else – to connect and build. She emphasized that in 2025 down the year lots of L1s are launching on avalanche & promising very strong activity from builders across the board is expected.

    Commenting on the development Jyotsna Hridyani, South Asia Head at Bitget, said “Empowering users with the right knowledge is essential to unlocking the full potential of blockchain in India’s digital future. At Bitget, we’re committed to bridging this gap through community programs, partnerships with universities, and accessible learning tools.”

    The goal of the partnership is to widen the reach for awareness across cities in India via more such events & workshops to educate the youth on the potential benefits & applications of blockchain technology. Bitget and Avalanche both have committed to partner for more such initiatives & investments for the rest of 2025.

    Global companies like Bitget and Avalanche are betting big on India as it is the world’s top nation in terms of crypto adoption and the second-largest market for web3 developers. India’s tech talent is capable of delivering world class web3 applications if supported by timely grants, experienced mentorship and global exposure. India is home to more than 1000 web3 startups and Bitget’s mission is to double this number in 2025 through dedicated funding and mentorship channels. The ‘HODL ON’ tour offers a unique platform for web3 startups in India to showcase their work and secure funding to succeed in their respective field.

    Commenting on the success of Delhi and Bangalore chapter Akshay Aggarwal, Co-founder & Leading Contributor, Blockchained India, added, “India, with its scale and digital depth, has a unique opportunity to shape how Web3 delivers real value — especially across consumer and enterprise applications. At Blockchained India, we’ve always believed that relevance is earned through consistent action — not noise. This is an inflection point. Let’s continue building with those who see long-term value and are committed to shaping what Web3 can truly become for the masses.”

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    About Avalanche
    Avalanche® is the fastest, most reliable smart contracts platform in the world. Its revolutionary consensus protocol and novel L1s enable Web3 developers to easily launch highly-scalable solutions. Deploy on the EVM, or use your own custom VM. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Avalanche® is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche uses Proof-of-Stake, which allows tens of thousands of validators to have a first-hand say in the system while consuming minimal energy. For more information, visit https://www.avax.network/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/36d45783-de7b-416e-90f7-362c8ccc1c3f

    The MIL Network

  • MIL-OSI: Dubai’s Web 3.0 Momentum Accelerates as Global Stakeholders Gather for Unchained Summit

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 28, 2025 (GLOBE NEWSWIRE) — In the middle of the Gulf, something very deep is unfolding. Web 3.0 & Blockchain is no longer a buzzword; it’s a building block. And in Dubai, the future of Web 3.0 isn’t just coming; it’s being designed at pace. As crypto regulations come of age, institutional money pouring in, and industry giants establishing regional HQs, Dubai is quickly becoming the hub of the decentralized revolution.

    As the city gears up to host the much-awaited Unchained Summit at the Kempinski Central Avenue on 28th and 29th April, a tide of excitement is rolling over the region’s Web 3.0, Blockchain, and Digital Assets industries.

    The summit, hosted by Aeternum, promises more than an average Web 3.0 conference. It’s a high-conviction meeting of founders, investors, policy shapers, and enterprise leaders driving the frontiers of how decentralized infrastructure will transform identity, finance, and trust in the digital world.

    Dubai’s Web 3.0 momentum is no longer a whisper, it’s a global signal. As the world tilts toward decentralized infrastructure, Dubai has emerged as the nexus where policy, capital, and innovation come together. With government-backed regulatory clarity, enterprise-grade adoption, and a thriving ecosystem of startups and investors, the emirate is fast becoming the capital of the decentralized ecosystem. Unchained Summit is more than a symptom of this energy; it’s the driving force. The Dubai edition brings global architects of Web 3.0 together in one place, making Dubai a living laboratory for what the internet of value, trust, and autonomy really is.

    From builders to billionaires, Unchained Summit’s lineup of speakers include:

    • Ronghui Gu, Co-Founder, Certik
    • Ella Zhang, Head, YZi Labs
    • Kostas Chalkias, Co-Founder and Chief Cryptographer, Mysten Labs
    • Sreeram Kannan, Founder & CEO, EigenLayer
    • May Zabaneh, VP of Product – Blockchain, Crypto & Digital Currencies, PayPal
    • Greg Scanlon, VP Quantitative Blockchain, Franklin Templeton Digital Assets, Franklin Templeton
    • Keone Hon, Co-Founder, Monad Foundation
    • Lennix Lai, Global Chief Commercial Officer, OKX
    • Nils Andersen-Röed, Global Head of FIU, Binance, and more.

    “Web 3.0 is a collective movement, and Unchained Summit is where the next wave of builders and thinkers come together. We’re here to drive the conversation. Web 3.0’s growth hinges on infrastructure that can scale — it’s about throughput, cost-efficiency, and long-term sustainability. We’re proud to be at Unchained Summit, pushing the notion on sustainable blockchain designs,” said Abhijit Shukla, Founder of TAN Blockchain.

    Richard Ma, CEO & Founder of Quantstamp said, “I’m honored to be speaking at Unchained Summit, a premier event bringing together visionary leaders and innovators in the Web 3.0 ecosystem. At Quantstamp, we’re dedicated to securing the future of blockchain, and I look forward to sharing insights on advancing security, trust, and resilience within this rapidly evolving industry.”

    “Markets are moving on-chain—not just assets, but access, distribution, and users. We’re excited to be at Unchained Summit talking about what it takes to put real-world assets in the hands of real people,” said José F. Pereira, Executive Director, Own.

    “Web 3.0 moves fast—and the ones who show up shape where it goes. Unchained Summit brings together the doers, not just the talkers. At TBV, we’re here to back the founders turning big ideas into real traction,” said Tobias Bauer, General Partner, TBV.

    “Dubai is no longer just participating in Web 3.0, but it’s directing traffic,” says Sharath Kumar, Founder & CEO of Aeternum and organizer of Unchained Summit. “This is the one of the first real moments where we’re seeing decentralized technologies collide with institutional capital, national policy, and entrepreneurial energy—all in one city.”

    Unchained Summit’s official sponsors include:

    With increasing interest in industries ranging from AI-driven gaming to tokenized assets, Unchained Summit indicates a wider industry transition: Web 3.0 is increasingly finding its way into mainstream enterprise planning. And as a result of this, after its Dubai edition, Unchained Summit is set to make its India debut on 5th and 6th December 2025, reaffirming its commitment to bridge APAC, Middle Eastern, and European Web 3.0 & Crypto ecosystems.

    As the Dubai chapter draws to a close, one thing is certain: the decentralized future is no longer a distant prospect; it is happening already.

    Tickets for the Dubai edition are on sale on the official site: unchainedsummit.com

    About Aeternum Consulting Ltd:

    Aeternum organizes business-to-business events in the emerging tech space, provides strategic consulting, and tailored services to a diverse range of clients, from corporations to governments and startups to individuals. Aeternum specializes in crafting impactful B2B platforms that foster meaningful connections, drive business growth, and facilitate knowledge sharing through conferences, exhibitions, and bespoke networking opportunities.

    For more information visit: aeternuminc.com

    The MIL Network

  • MIL-OSI Economics: Building a robust ecosystem for Green and Sustainable Finance in India – Valedictory address delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India – April 17, 2025 – at Credit Summit 2025 organised by the Bharat Climate Forum at New Delhi

    Source: Reserve Bank of India

    Distinguished guests, participants, ladies and gentlemen, Good afternoon

    At the outset, let me thank the organisers for inviting me and giving me an opportunity to deliver the valedictory address and share some of my thoughts on a subject which continues to engage national as well as global attention. I believe there would have been fruitful deliberations on the topics of green and sustainable finance and the role of financial institutions, opportunities and challenges, aligning of regulatory and policy worlds, facilitating global financing, and integration of climate change aspects in credit risks of the financial institutions. Each of these topics require detailed deliberations and collectively they form the building blocks for creation of a robust ecosystem for green and sustainable finance for the economy and financial system at large.

    2. The critical enablers to attract green and sustainable investments that need to be put in place for financial ecosystem has been and continues to be a subject of deliberations at various fora be it G20 Sustainable Finance Working Group, the international standard setting bodies such as the Basel Committee on Banking Supervision, the International Sustainability Standards Board as well as the Financial Stability Board, and the Network for Greening the Financial System. These enablers range from adoption of a national green/ climate finance taxonomy, globally aligned disclosure standards for climate related financial risks, and robust assurance and verification process. Green and sustainable finance being a niche area, requires us to be mindful of greenwashing risks. Moreover, there are certain inherent risks and conditions that need to be met from the risk-reward perspective in green and sustainable lending/ investment decisions. Let me delve a bit into these aspects and try to build a narrative on how we can collectively build and develop a robust ecosystem for green and sustainable finance in India.

    The Green and Sustainable Finance Taxonomy

    3. When we talk of green and sustainable finance, the primary consideration is understanding as to what defines it. A national level taxonomy is crucial as it serves as the first building block that aligns the entire ecosystem, be it the government, regulators, other policy makers, financial institutions and borrowers/investors. This is under development in India. You are aware that an announcement to this effect was made by the Hon’ble Finance Minister in the Budget Speech for 2024-25. Meanwhile, we at Reserve Bank of India have till this juncture used the Sovereign Green Bonds (SGrB) framework for mapping of the green and sustainable sectors. This was also used when we issued a Framework on acceptance of Green Deposits in April 2023, which aligns with the SGrB framework towards identification of the green sectors. Thus, as a robust ecosystem enabler, the first building block would be a national level taxonomy for identification of the sectors and alignment of various regulatory dispensations along this taxonomy.

    Consistent and harmonised Regulatory approach

    4. The second building block would be a consistent and harmonised regulatory approach towards assessment of climate change risks and fostering of related financing. The climate change risks, and the related issues are sector agnostic, with significant inter-dependencies. To ensure that the net zero target announced by the Hon’ble PM at COP26 in 2021 is achieved by 2070, it would require players in the economy and financial system to fine-tune their respective actions/ measures, so that as a country, we can achieve this target. It would also require a consistent and harmonised approach among the concerned regulators and authorities.

    Assurance and Verification Function

    5. The next building block would be the development of robust assurance and verification functions. Assessment of climate related financial risks, green and sustainable finance are context specific, with need for a clear and objective demonstration of end use of funds. Transparency and related checks and balances that provide assurance on end use of the funds related to green and sustainable finance is extremely important. Given the technical expertise needed for assurance on climate related aspects, as well as adherence to benchmark assurance standards, there is a need to ensure credibility of this assurance and verification process. This would mean defining the requirement of consistent standards detailing expertise and skills that any assurer or verifier must possess to provide these services. A consistent approach across the financial system on the processes would provide confidence to the investors, which would then operate as a key enabler for increased flow of credit to the relevant sectors while addressing concerns around risks of greenwashing.

    Transparency and Disclosures

    6. The fourth aspect is the need for transparency in climate related disclosures. This is essential for financial institutions to assess and manage climate related financial risks, ensure transparency, and support long-term financial stability. It also underscores the need for coherence among various sectors on disclosure aspects. To give an example, if a financial institution is to make any lending or investment decision or assess its portfolio risks, or is mandated to make climate related financial disclosures, then it must depend on the borrowers to provide the requisite information. This means not just putting in place an enabling mechanism for both the lender and the borrower but also having consistency across the financial system for seamless flow of data and information. The Reserve Bank of India had published a draft “Disclosure framework on Climate-related Financial Risks”, in February 2024 for public consultation. The draft guidelines require Regulated Entities to make qualitative and quantitative disclosures with respect to climate related financial risks based on four broad areas, viz., (i) governance (ii) strategy (iii) risk management and (iv) metrics and targets. We have received comprehensive feedback on the framework basis which the guidelines are being finalised.

    Complexities of climate change modelling and data considerations

    7. Another area where consistency and harmonisation are required is compilation of data. For purpose of climate related financial risk, assessment and related facets of green and sustainable finance, be it transition or adaptation finance, data is very crucial. One of the limitations for climate risk assessment at this juncture is the need for technical expertise coupled with unique data requirements. Climate related data, understanding nuances of the climate patterns and the impact on account of climate change, is a highly technical and skilled job. Climate scientists across the world use super computers to study climate and weather patterns and its related aspects. It involves complex modelling and is resource intensive. If we depend on a financial sector expert, who uses financial modelling for assessing quantitative estimates and then arrive at the financial sector impact, this expertise alone may not suffice. The two skill sets needed for climate scenario analysis and climate finance risks are completely different in that as climate scientists are not experts in financial modelling and financial modellers have limited expertise in area of climate science. This makes the job of assessment of impact of climate change risks on financial sector more difficult and would therefore require collaboration amongst the two.

    8. Given the impact of climate change risks, viz., physical and transition risks and the impact it has on the value of real assets and financial instruments, understanding these risks is crucial for lenders or investors from a risk-reward perspective. Thus, for uniform and consistent assessment of risks across the financial system, the aspect of disclosure and data becomes crucial. This will remove the misalignment of information between borrowers and lenders/ investors and not only allow a fair assessment of climate change risks but also foster green and sustainable finance.

    9. As a part of this endeavour, Reserve Bank had in the monetary policy statement of October 2024, announced the formation of Reserve Bank – Climate Risk Information System (RB-CRIS). It is envisaged to bridge data gaps and provide standardised datasets to the Regulated Entities (REs) on three aspects – Physical Risk Data, Transition Risk Data, and Carbon Emission Factor Database. The physical risk data part would focus on providing pan-India hazard and vulnerability data. As regards the transition risk, the plan is to arrive at India specific transition scenarios and use them to provide sectoral benchmark transition pathways. Finally, recognising the need to standardise the emission calculation across the sectors, a consistent approach towards carbon emission methodology and the uniform database is also being proposed. Under RB-CRIS, the RBI intends to bring all the stakeholders together and bring coherence and bridge the existing data gaps.

    Climate change and credit risks

    10. Climate change risks impact the financial institutions, financial system and real economy through the traditional risk categories and one risk factor that prominently stands out is credit risk. Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers. The real economy is also impacted through various means such as direct property losses, crop losses, loss of employment and livelihood losses. Another facet of credit risk in climate change emanates from the need to promote green and sustainable financing. The fact that the net-zero technologies driving the transition to decarbonisation, are at various developmental and evolving stages, itself signifies a significant increase in credit risks. Thus, there is a dichotomy wherein on one hand there is a need for incentivising green and sustainable finance and on the other there is an increase in inherent risks from encouraging such financing. So, the key issue is how to manage this dichotomy? While the prudential aspect, i.e., the risk management consideration, is the prime concern for any regulator, the flow of credit is generally market determined albeit mandated at times through specific directed lending policies. Therefore, a delicate balancing act needs to be performed by the regulators to avoid any imbalance from the broader financial stability perspective.

    Challenges to Green and Sustainable Finance and Global Financing

    11. Challenges to green and sustainable finance are many. However, they can be broadly categorised in two specific buckets – one is the structural issues while the other relates to the quantum of financing available. From the structural perspective, the main challenges would be, high-upfront capex requirements given the specific nature of required project loans/ investments; perceived high inherent risks given the evolving nature of climate related technologies; asset liability mismatches which is ubiquitous to any lending/ investing activity, more so in case of project loans given the longer maturity, commencement and gestation timelines; and knowledge and information gaps, given the technical nature of assessment of climate change risks and appraisal of climate related technologies.

    12. As to the quantum of financing available, there are various pull and push factors at work, in the context of global capital mobilisation. The global capital stock of lending/ investments flows also follows a risk-reward perspective. The pull factors are the specific domestic enablers which may drive investor appetite. This would be a function of robustness of the financial ecosystem, liquidity, and depth of the financial markets, transparency and disclosure standards, rigour of verification and assurance mechanism, development and dissemination of risk assessment models for climate-related risks, data and capacity gaps, long-term strategy on transition plans, and availability of pool of bankable projects. The push factors would be the global commitment of funds for climate related funding. The recent geo-political developments could possibly lead to the weakening of these push factors. This is a developing story and there is a need to closely monitor the wider implications. Given the huge requirement for funding of the green transition, the availability of global funds remains critical.

    13. The inherent risks in the green and sustainable finance, skews the risk-reward considerations leading to increased cost of credit. This leads to demand by private sector investors/ lenders for appropriate derisking mechanisms through grants/ guarantees/ philanthropic capital/ financial incentives, etc. Mobilising such capital on scale, would be a challenge. A related issue is the availability of bankable projects. Though, bankable projects invariably find credit, there are funding challenges with partially bankable and non-bankable projects. As you all may be aware, there are two aspects of climate change finance we need to consider, one is mitigation and other is adaptation. Mitigation is used for transition purpose and adaptation for resilience purpose. Financing in case of mitigation can be associated with cash flows, but it becomes difficult for adaptation and resilience, as the associated cash-flows are difficult to assess leading to sub optimal capital flows towards sustainable investments in resilient infrastructure and adaptation.

    Augmenting green and sustainable finance

    14. Given these limitations, there is a need for concerted efforts to overcome these challenges and augment green and sustainable finance. This would require a multi-pronged approach. Blended finance, which combines concessional public funding with private sector investment can be one of the main conduits of the credit flow by de-risking climate related projects. India is a diverse country, with varying needs of climate mitigation and resilience, meaning, a coastal area would require a differentiated approach as compared to the regions near the Himalayas. We would need practical implementable solutions, curated to specific issues. Tools like guarantees, sustainability-linked loans, and climate-resilient bonds could be explored to further enhance private sector involvement.

    15. The problem of climate change needs scalable solutions, and it cannot come by entirely relying on public funds. There is thus a need to develop a market wherein the risk-reward perspective itself takes care of the scale of requirements. Even within adaptation space, there are pockets which can be associated with cash flows. Climate change risks and financing needs to be viewed also as an opportunity. Innovative solutions which not only mitigate financial risks associated with climate change but also incentivise private investors to participate in climate projects need to be explored.

    16. Developmental Financial Institutions (DFIs) would have to play a major role in channelising the flow of credit for green and sustainable finance. There is a need for more collaboration between DFIs, Multilateral Development Banks (MDBs), National Development Banks (NDBs) and Vertical Climate and Environmental Funds (VCEFs). Given the current geo-political developments, with the world moving to a multi-polar world, there is a need for certain reforms within the MDBs as well greater representation from/ credit to the global south.

    17. Technology and innovation would play a major role in mitigation of climate change risks while creating a robust ecosystem for green and sustainable finance in the country. This requires developing a platform that would bring together the REs and technology solution providers, to facilitate an orderly development of required technological solutions to mitigate climate related risks and overcome the current limitations and foster sustainability linked credit flow. The Reserve Bank has on April 09, 2025, included sustainable finance and climate risk mitigation as a topic under the Theme Neutral “On Tap” application facility under the Regulatory Sandbox which could help develop and test innovative solutions.

    The Way Forward

    18. One term which often finds mention in global context has been “inter-operability”. While as a concept, inter-operability seems ideal in a just and equal world, in these times in a world with stark inequalities, mandating inter-operability with similar level of commitments, may not be the ideal way and there is a need for a differentiated approach. The Emerging Markets and Developing Economies (EMDEs) have started this journey to achieve seamless integration and inter-operability. However, there is yet some distance to be covered. Though, historical examples from high-income countries demonstrate the potential to decouple economic growth from emissions, for EMDEs this would require strong international co-operation, significant investments, and effective policies. Further, any transition from carbon intensive economy to a greener economy is not a smooth ride and there are going to be disruptions be it restructuring, reallocation of resources and financial flows as also displacement of workers and have a bearing on land use. Thus, as we traverse this journey there is a need for delicate balance to ensure that socio-economic implications are carefully considered and addressed.

    19. Going forward, we would also need to arm our respective organizations with skilled manpower and technical expertise to spearhead the transformation in addressing the challenges of climate change. With this end in view, Reserve Bank has been conducting extensive capacity building programmes for the REs. The focus has been on bringing international experts to share their experience on green and sustainable financing, stress testing and scenario analysis, credit risk assessment, transition planning, physical risk assessment, and global best practices for governance, strategy and risk management.

    Conclusion

    20. India occupies a unique position in the global climate context. As one of the world’s fastest-growing economies, it faces the dual challenge of fostering and sustaining economic development while addressing climate change. On the one hand, it is highly vulnerable to climate risks while on the other hand, it has the potential to lead the global green transition. While we have made a fair start, there are several challenges that remain to be addressed. The risk management architecture in REs for climate related financial risks is still evolving and further concerted efforts are required. Further, a comprehensive assessment on the extent of losses that may be caused due to climate change risks in the future requires more granular approach. There is a need to build technical expertise and competencies for comprehensive assessment and mitigation of climate change risks. There is also a need for a more harmonised and coherent regulatory approaches across various sectors so that the sectoral dependencies may be addressed in an efficient manner. While the need for the world to transition to a greener tomorrow is given, there are several challenges on the way, and they need to be addressed in a holistic manner. We also need a collaborative and sensitive approach to address the various issues given the impact on the economies and the societies at large. I am confident seminars such as these give an opportunity to further the work to achieve these objectives.

    Thank you.


    MIL OSI Economics

  • MIL-Evening Report: Plans to stockpile critical minerals will help Australia weather global uncertainty – and encourage smaller miners

    Source: The Conversation (Au and NZ) – By Mohan Yellishetty, Professor, Co-Founder, Critical Minerals Consortium, and Australia-India Critical Minerals Research Hub, Monash University

    RHJPhtotos/Shutterstock

    The world needs huge quantities of critical minerals to make batteries, electric vehicles, wind turbines, mobile phones, computers and advanced weaponry.

    Many of these minerals lie under Australian soil. Australia is able to produce 9 out of 10 mineral elements required to produce lithium-ion batteries, such as lithium, nickel and cobalt. It also has the highest total reserves of battery minerals.

    But at a time of major geopolitical upheaval, critical minerals are also contested. China controls many critical mineral supply chains, allowing it to dominate clean energy technologies. The ongoing United States–China trade war has intensified competition for access to critical minerals.

    It’s against this backdrop that Labor has proposed a A$1.2 billion strategic reserve of critical minerals. It’s a timely and welcome step in the right direction.



    Why is this reserve needed?

    Critical minerals are vital to the industries of the future. But supply can be hard to secure and disruptions can be devastating.

    After US President Donald Trump jacked up tariffs on China, Beijing responded by clamping down on critical mineral exports. Almost 80% of US weaponry depends on Chinese critical minerals.

    China now dominates mining and refining of many critical minerals. Beijing controls 90% of the world’s rare earth refining, 80% of lithium refining and 68% of nickel refining. The US and other nations are belatedly trying to catch up.

    Mining has long been a major Australian industry, particularly iron ore and coal. But Australia has huge reserves of many critical minerals, producing the largest volume of lithium ore in the world as well as stocks of cobalt, manganese, rutile and others. Australian miners Lynas and Australian Strategic Materials are two of the few rare-earth mining companies not owned by China.

    That’s where this strategic reserve comes in. If it comes to fruition, the federal government would buy agreed volumes of critical minerals from commercial projects, or establish an option to purchase them at a given price. It would then keep stockpiles of these key minerals to prevent market manipulation by China and stabilise prices by releasing or holding stocks strategically.

    The reserve would give Canberra more leverage in negotiating with trading partners and enable a rapid response to supply disruptions. Government backing for the industry would boost onshore processing, scale up domestic production and encourage more high-wage, high-skill jobs in regional areas.

    Which minerals will be stockpiled? That’s yet to be determined. The list of ‘critical minerals’ can vary between countries, and a mineral critical to one nation may not be to another.

    Australia lists 31 critical minerals while Japan lists 35, the US lists 50 and the European Union 34. Australia’s list is unique in that it reflects global demand, not domestic dependency.

    The minerals most commonly included in these lists include cobalt, gallium, indium, niobium, tantalum, platinum group minerals and rare earth elements.

    Why is the government intervening?

    In 2023, major miners produced close to a billion tonnes of iron ore in Western Australia.

    By contrast, critical mineral volumes are small. For instance, only 610 tonnes of gallium were mined in 2023. Major miners such as Rio Tinto, BHP and Vale don’t tend to bother.

    Critical mineral markets are often opaque and highly concentrated. The barrier to entry is high. Globally, the market for the 31 critical minerals on Australia’s list is valued at around A$344 billion – about the size of the global aluminium market.



    That leaves it to mid-tier and small miners to bridge the gap between rapidly growing demand and supply. The problem is, raising capital is often very difficult. The price of critical minerals can fluctuate wildly. The price of lithium and nickel have fallen sharply over the last two years due to market oversupply.

    The strategic reserve would make it easier for these miners by providing access to capital through loans from Export Finance Australia and private investors, reducing financial uncertainty and cost overruns and acting as a buffer against market volatility.

    For instance, mid-tier miner Illuka Resources is building Australia’s first rare earths refinery in Western Australia. The project already has significant government support, but it is likely to need more.

    Despite Australia’s significant mineral resources, it faces an uphill battle to gain market share. China’s dominance has been driven by low production costs; low environmental, social and goverance standards; and a competitive labour market. But intensifying geopolitical competition between China and the US means Australian minerals would likely be sought by the US.

    How can Australia best play its hand?

    In volatile market conditions, cheaper operations have a significant advantage, while new mines face an uphill battle.

    Australia’s critical minerals hub framework could help offset capital costs. Smaller miners could form cooperatives to share infrastructure and manage logistics, processing and access to international markets. Sharing infrastructure such as roads, rail, energy and ports would reduce the investment risk.

    There are other challenges to overcome, such as the long lead times of 10 years or more to go from discovery to production, limited access to low-cost renewable energy and a shortage of technical and scientific capabilities.

    Labor’s strategic reserve would help. But it won’t be enough to make Australia into a critical mineral giant. The government should consider:

    • building more regional processing hubs with shared infrastructure and microgrids
    • offering royalty exemptions, tax incentives and energy subsidies early on
    • giving incentives to retrofit facilities to produce critical minerals found alongside main ores, such as cobalt found alongside copper and antimony with gold
    • encouraging models where rare earths are concentrated in Australia and processed overseas in partner countries
    • establishing Centres of Excellence on critical minerals and creating shared libraries of intellectual property to support research, avoid duplication and optimise resource allocation.

    Overall, the proposed reserve is an excellent idea. Government intervention will be necessary to absorb and mitigate risks from price fluctuations and geopolitical shocks.

    Mohan Yellishetty receives funding from the Australian Research Council, Geoscience Australia, Defense Science Institute, Boral Limited, AGL Loy Yang, Indian Ministry of Education. He is affiliated with AusIMM as its fellow, Honorary Academic Fellow, Australia India Institute, Foreign Fellow, Indian Geophysical Union, and affiliated with Indian Institute of Technology (Dharwad, Mumbai, Hyderabad). David Whittle contributed to the research base and data for this article.

    ref. Plans to stockpile critical minerals will help Australia weather global uncertainty – and encourage smaller miners – https://theconversation.com/plans-to-stockpile-critical-minerals-will-help-australia-weather-global-uncertainty-and-encourage-smaller-miners-255320

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on April 28, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 50,000
    Total amount of bids received (in ₹ crore) 4,998
    Amount allotted (in ₹ crore) 4,998
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/193

    MIL OSI Economics

  • MIL-OSI Economics: Money Market Operations as on April 25, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,16,051.71 5.79 0.01-6.85
         I. Call Money 14,474.89 5.86 4.95-5.95
         II. Triparty Repo 4,05,721.70 5.76 5.65-5.90
         III. Market Repo 1,94,293.12 5.85 0.01-6.85
         IV. Repo in Corporate Bond 1,562.00 6.00 6.00-6.05
    B. Term Segment      
         I. Notice Money** 87.10 5.74 5.55-5.85
         II. Term Money@@ 400.00 6.20-6.20
         III. Triparty Repo 6,620.00 5.88 5.83-5.90
         IV. Market Repo 0.00
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 25/04/2025 3 Mon, 28/04/2025 6,947.00 6.01
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Fri, 25/04/2025 1 Sat, 26/04/2025 198.00 6.25
      Fri, 25/04/2025 2 Sun, 27/04/2025 0.00 6.25
      Fri, 25/04/2025 3 Mon, 28/04/2025 100.00 6.25
    4. SDFΔ# Fri, 25/04/2025 1 Sat, 26/04/2025 1,28,142.00 5.75
      Fri, 25/04/2025 2 Sun, 27/04/2025 53.00 5.75
      Fri, 25/04/2025 3 Mon, 28/04/2025 16,811.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,37,761.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Thu, 17/04/2025 43 Fri, 30/05/2025 25,731.00 6.01
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       10,031.22  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     35,762.22  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,01,998.78  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on April 25, 2025 9,54,370.84  
         (ii) Average daily cash reserve requirement for the fortnight ending May 02, 2025 9,51,938.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ April 25, 2025 6,947.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on April 04, 2025 2,36,088.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2025-2026/91 dated April 11, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/192

    MIL OSI Economics

  • MIL-OSI New Zealand: Digging up the past for Archaeology Week

    Source: Auckland Council

    Sometimes to uncover Auckland’s past, you need to dig deep. Just ask Chris Mallows, Team Leader Cultural Heritage Implementation in Auckland Council’s Heritage Unit. He’s part of a team of archaeologists unearthing the fascinating history of Tāmaki Makaurau.

    Auckland’s rich and varied landscape – encompassing coastland, forest, wetlands, maunga and volcanic fields – mirrors the diverse heritage of the people who have settled here since around the 14th century. With Archaeology Week running from 3-11 May, it’s the perfect time to acknowledge the groundbreaking work of archaeologists who help further our knowledge of our region’s past.

    Archaeology is the study of past human societies through the analysis of material culture, including artefacts or the remains of buildings.

    “Archaeologists look at the physical evidence that’s left behind and interpret how people lived and worked in the past,” explains Chris.

    In Tāmaki Makaurau, archaeological work could involve everything from protecting maunga and Māori pā settlement sites, preservation of the Wilson Cement Works in Warkworth or uncovering artefacts from the former Queen Street Gaol that was on the corner of Queen and Victoria Streets from 1841-1865.

    “During an archaeological excavation, we’re always finding something new and expanding our understanding of how people lived in that specific area,” says Chris.

    Auckland Council’s archaeologists work on a range of projects including preservation work, providing advice on heritage sites and as well as reviewing on resource consent applications around areas with scheduled heritage sites.

    While fictional archaeologist Indiana Jones’ favourite tool was his whip, in reality archaeologists are more likely to be armed with a trowel. Excavating can be physically demanding and painstaking work, as archaeologists work carefully to uncover artefacts without damaging anything in the process. The sharp edge of the trowel is used to meticulously unearth fragile items, such as ceramics, from the earth.

    “Buying your first trowel is a bit like a rite of passage”, says Chris, who still has his first William Hunt and Sons trowel he received as a fledgling archaeologist in the UK.

    Archaeologists use trowels to carefully unearth artefacts without damaging any fragile parts. Chris Mallows still has his WHS trowel from his first excavation in the UK.

    “When you’re a field archaeologist, a trowel is the first tool you’ll ever get. It helps you excavate the small features in a controlled manner. For example, if you’re on a European-era site in Auckland dating from the 1860s or 1870s, you may use a trowel to find glass, ceramics, animal bones or other remnants that people were eating.”

    Other tools include sieves for sorting very small remnants, measurement tools for mapping out a site and a “good old fashioned spade and shovel”, Chris adds.

    While traditional excavation tools are still part of the work of an archaeologist, there have been a number of digital advances that make this work a little easier. Auckland Council’s archaeologists have access to LiDAR (Light Detection and Ranging) data. This technology uses laser light pulses emitted from a drone or plane to create three-dimensional maps of the environment.

    “LiDAR uncovers things that were previously hidden by the landscape. For example, on farmland, LiDAR has uncovered pits hidden by long grass which were later revealed to be kūmara pits (rua),” says Chris.

    Another modern tool is photogrammetry, a process of creating a 3D model of an artefact or structure using a series of overlapping photographs.

    Chris uses photographic scales to measure the site.

    “Photogrammetry is a great tool and allows our communities to see artefacts and heritage sites really easily,” says Chris. “Even if you can’t physically gain access to the artefacts – they may be a museum, for example, or you may not be able to travel to these sites – having photogrammetry allows anyone to look at them. It’s a really good tool for the future.”

    There have been a number of notable archaeological discoveries in Auckland, but one that sticks out to Chris is the Sunde Site on Motutapu Island. In 1958, archaeologist Rudy Sunde discovered what has since been spoken of as ‘New Zealand’s Pompeii’ when he found artefacts from a pre-European kainga (village).

    Later, in 1981, University of Auckland archaeologist Reg Nicol uncovered footprints of eight people and one dog beneath a layer of ash from Rangitoto Island. This is evidence that mana whenua living on or near Motutapu witnessed the eruption of Rangitoto in around 1400 CE.

    “What I find fascinating about this site is you have evidence of somebody going about everyday life and then you’ve got a volcanic eruption happening, and we can only wonder what that experience was like,” says Chris. “There’s a clear timeline of the eruption and you can see the people adapting to the changing climate because of the natural disaster.”

    Through archaeology, we can learn from the past and see how people adapted to change and use this to understand how we adapt to change in the future.”

    “Recent damage to an Auckland park by treasure hunters highlights why our heritage needs protecting”, says Chris.

    Mary Barrett Glade near Ngataringa Park in Devonport is a scheduled heritage place on Department of Conservation (DOC) land, and was unfortunately recently targeted by vandals looking to dig up vintage bottles. Auckland Council archaeologists are supporting DOC in the protection and restoration of the area.

    The site is the former location of Duder’s Brickworks, which operated between 1875 and 1942. The factory used clay from Ngataringa Bay to make ordinary and decorative bricks as well as sanitary pipes and chimney heads, and employed many Devonport locals up until the 1920s. The factory supplied clay bricks for many of the Edwardian buildings in Devonport including the pumphouse (now the PumpHouse Theatre).

    The PumpHouse Theatre is built with bricks from Duder’s Brickworks.

    Following a fire on Victoria Road in 1888, the Devonport Borough Council made a rule that buildings in the main shopping area were to be constructed from bricks only, and the bricks are part of the suburb’s its distinctive look.

    “The brickworks are part of Devonport’s industrial heritage and character. You never know what’s around the corner, so we do need to be vigilant in protecting our history. As archaeologists, we are the kaitiaki (guardians) of our heritage sites, preserving them for our future generations.”

    For more information about Archaeology Week and to see what events are on, head to the New Zealand Archaeological Association website.

    MIL OSI New Zealand News

  • MIL-OSI Global: Skilled migrants are leaving the U.S. for Canada — how can the north gain from the brain drain?

    Source: The Conversation – Canada – By Ashika Niraula, Senior Research Associate, Canada Excellence Research Chair in Migration & Integration Program, Toronto Metropolitan University

    Skilled migrants and international students are leaving the United States for Canada in growing numbers. A March 2025 report by Statistics Canada reveals a sharp rise in the numbers of American non-citizen residents moving to Canada. Reasons given are largely restrictive U.S. immigration policies, visa caps and long wait times for green cards.

    This is a shift from earlier decades when American-born citizens dominated the trend. By 2019, nearly half of those making the move were U.S. non-citizen residents.

    Since U.S. President Donald Trump’s election win and early days in office, Google searches by American residents on how to move to Canada, New Zealand and Australia have surged.

    Several high-profile academics have relocated to Canadian universities amid growing concerns over threats to academic freedom.

    British Columbia recently announced plans to launch landmark policies to streamline the credential recognition process for internationally trained health-care professionals, particular American doctors and nurses.

    Skilled talent like health-care professionals, researchers and engineers are essential to building innovative, future-ready economies. But attracting them requires staying competitive in an increasingly global bid for talent.

    Global competition for talent

    In this global race for talent, Canada and Australia need to offer not only efficient immigration pathways but also faster credential recognition and better integration support.

    Yet both nations find themselves walking a tightrope. Once both celebrated as welcoming destinations for global talent, each country has experienced recent immigration restrictions and growing anti-immigration sentiments, undermining those reputations.




    Read more:
    Canada at a crossroads: Understanding the shifting sands of immigration attitudes


    What can these countries learn from each other to stay competitive and benefit from this talent flow?

    Research from Toronto Metropolitan University’s Migration and Integration Program shows Canada’s appeal for skilled migrants is rooted in a mix of practical and aspirational factors. This includes a combination of high living standards, the promise of better career prospects, more accessible permanent residency pathways and a broadly welcoming society.

    But for migrants in Canada, these goals are becoming harder to attain.

    A more cautious approach

    Since the pandemic, Canada’s immigration approach has shifted. During the early COVID-19 years, Canada was praised for its inclusive response, including recognizing immigrants as essential to economic recovery. Temporary workers, including essential workers, international student graduates and French-speaking immigrants, were offered new routes to permanent residency through a federal program.

    However, since 2024, Canada has taken a more cautious approach.

    New policy changes that target international students and cut temporary and permanent migration numbers have tarnished Canada’s global reputation as a welcoming place.

    While permanent residency is still more accessible than in the U.S., skilled migrants are increasingly questioning whether the wait for permanent residency is worth it.

    Australia visa rules slow things down

    Australia faces similar dilemmas. In late 2023, the government launched a new migration strategy to address critical workforce shortages in construction, tech and health care. The Skills in Demand visa promised faster processing and clearer pathways to permanent residency for workers in priority sectors.

    Yet a recent report by the Grattan institute warns that tighter eligibility rules risk excluding much-needed talent, potentially weakening Australia’s competitiveness.

    Growing visa delays are also noted to be an additional barrier that may deter both prospective migrants and employers.

    Working in jobs far below qualifications

    Migration data often tells a story of numbers, categories and eligibility thresholds. However, the human stories behind the numbers reveal deep systemic issues and missed opportunities. One recurring issue is the widespread phenomenon of deskilling.

    In both Canada and Australia, many skilled migrants often find themselves working in jobs far below their qualifications.

    These experiences are part of a pattern that affects not only individuals but also national economies, which lose out on the full potential of their skilled workforce.

    Credential recognition systems are opaque, inconsistent and frequently biased.

    Another overlooked issue is that many skilled migrants do not move alone. People arrive with spouses, children and sometimes elderly parents.

    Yet immigration and settlement systems in both countries are largely structured around individual economic migrants rather than families. In Canada, for instance, federally funded settlement services are mainly geared toward supporting only permanent residents.

    Many spouses, particularly women, face even greater barriers to employment. Issues also include things like high fees for visa processing for parents. Other considerations include children who may struggle with schooling and identity in unfamiliar environments.

    Housing shortages and high costs in major urban centres compound these challenges, pushing newcomers into unaffordable living conditions.

    All this contributes to growing disillusionment. Migrants initially drawn to Canada or Australia as alternatives to unwelcoming environments elsewhere may choose to still come, but it doesn’t mean they will stay.




    Read more:
    Canada halts new parent immigration sponsorships, keeping families apart


    Learning from each other: Canada and Australia

    The experiences of skilled migrants in Canada and Australia show that attracting talent is only half the battle. The real challenge is in retention and integration.

    Many countries like Germany, Japan, South Korea and some Gulf states have begun offering more competitive pathways to immigration along with promises of a work-life balance, streamlined visa programs and competitive salaries. This means skilled migrants are increasingly mobile.




    Read more:
    The states want a bigger say in skilled migration – but doing that actually leaves them worse off


    Australia has made strides in streamlining visa categories and targeting sectoral needs, while Canada has built a strong narrative around inclusion and multiculturalism.

    However, there is a need to combine Australia’s responsiveness and Canada’s inclusive ethos to build resilient migration systems.

    Build future-ready migration systems

    In an era defined by geopolitical uncertainties, countries can no longer afford to treat skilled migrants as temporary fixes or just economic inputs. They are people with aspirations, with families and with dreams.

    They must be seen and supported as future citizens. To build future-ready migration systems Canada must:

    • Ensure transparency and consistency in immigration pathways to reduce uncertainties caused by policy reversals and lengthy processing times.

    • Improve credential recognition and career support to help skilled migrants, including temporary residents, transition into roles that match their qualifications.

    • Develop regional settlement strategies to address where migrants settle and ensure equitable access to services, job markets and housing, especially outside major cities.

    • Adopt inclusive, intersectional policies that consider gender, race and class in shaping the migrant experience, including support for spouses, children and aging parents.

    • Foster collaborative and responsive policymaking. This involves connecting researchers, employers, community organizations and migrants to inform policy making.

    For Canada, the challenge ahead is clear. It’s not just about opening the door. It’s about making sure that once here, migrants have the support, rights and opportunities to walk through that door — and thrive.

    ​Ashika Niraula works as a Senior Research Associate at the Canada Excellence Research Chair in Migration & Integration Program at Toronto Metropolitan University. The Skilled Migrant Decision Making Under Uncertainty project has received financial support from the Social Sciences and Humanities Research Council Insight Grant (435-2021-0752) and from the wider program of the Canada Excellence Research Chair in Migration and Integration at Toronto Metropolitan University.

    Iori Hamada 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. Skilled migrants are leaving the U.S. for Canada — how can the north gain from the brain drain? – https://theconversation.com/skilled-migrants-are-leaving-the-u-s-for-canada-how-can-the-north-gain-from-the-brain-drain-254435

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: UDAN Scheme

    Source: Government of India

    UDAN Scheme

    Connecting India, One Flight at a Time

    Posted On: 26 APR 2025 9:34AM by PIB Delhi

     

    “Aviation was once considered the domain of a select few, but that has changed now with the advent of UDAN. My dream is to see a person who wears a ‘hawai chappal’ to fly on the ‘hawai jahaz’.”

    – Prime Minister, Shri Narendra Modi

    Summary

     

    • UDAN Scheme was launched on 21st October 2016; the first UDAN flight operated between Shimla and Delhi on 27th April 2017.
    • 625 UDAN routes have been operationalized, connecting 90 airports (including 2 water aerodromes, and 15 heliports) across India.
    • More than 1.49 crore passengers have benefited from affordable regional air travel under UDAN.
    • India’s airport network expanded from 74 airports in 2014 to 159 airports in 2024, more than doubling in a decade.
    • ₹4,023.37 crore disbursed as Viability Gap Funding (VGF) to promote connectivity to underserved and remote regions.
    • UDAN strengthened regional tourism, healthcare access, and trade, catalyzing economic growth in Tier-2 and Tier-3 cities.

     

    Introduction

     

    The sky, long seen as a symbol of aspiration, was once an unattainable dream for many in India. To bridge this gap, the Government of India, under the leadership of Prime Minister Shri Narendra Modi, launched the Regional Connectivity Scheme (RCS) – UDAN (“Ude Desh ka Aam Nagrik”) on October 21, 2016. Rooted in the Prime Minister’s vision that even a common man in slippers should be able to afford air travel, UDAN aims to democratize aviation by making flying accessible and affordable for all. Implemented by the Ministry of Civil Aviation, this flagship scheme has since transformed India’s regional connectivity landscape.

    The dream of affordable air travel for the common citizen began to take tangible form with the first UDAN flight. This landmark flight took off on April 27, 2017, connecting the serene hills of Shimla to the bustling metropolis of Delhi. On April 27, 2025, this landmark event, which marked the beginning of a transformative journey in Indian aviation, opening up the skies to countless citizens, will complete 8 years.

    The UDAN scheme was conceptualised under the National Civil Aviation Policy (NCAP) 2016, with a 10-year vision, to connect Tier-2 and Tier-3 cities through a market-driven yet financially supported model. The scheme incentivised airlines through concessions and Viability Gap Funding (VGF) to operate on regional routes, ensuring affordable fares and improved accessibility.

     

     Components of UDAN Scheme

     

    1. Viability Gap Funding (VGF): Financial support to airlines to ensure affordable fares.
    2. Airfare Cap to ensure affordability.
    3. Collaborative Governance between Centre, States, Airport Authority of India (AAI), and private airport operators.

     

    1. Stakeholder Incentives:

    The government has implemented several supportive measures to attract airlines to operate flights in less lucrative markets:

    Airport Operators: They waive landing and parking charges for RCS flights, and the Airports Authority of India (AAI) does not levy Terminal Navigation Landing Charges (TNLC) on these flights. Moreover, a discounted Route Navigation and Facilitation Charge (RNFC) is applied.

    Central Government: For the first three years, excise duty on Aviation Turbine Fuel (ATF) purchased at RCS airports is capped at 2%. Airlines are also encouraged to enter code-sharing agreements to expand their reach.

    State Governments: States have committed to reducing VAT on ATF to 1% or less for ten years and providing essential services such as security, fire services, and utility services at reduced rates.

    This collaborative framework has fostered an environment where airlines can thrive while serving regions that have long been overlooked.

    Evolution of the UDAN Scheme: From Inception to Expansion

     

    Since its launch in 2016, the UDAN scheme has evolved through multiple rounds, each expanding India’s regional air connectivity scope and scale. Below is a summary of the key phases:

     

    UDAN 1.0 (2017)

    • Launch Milestone: First UDAN flight took off on April 27, 2017 (Shimla–Delhi).
    • Coverage: 5 airline operators awarded 128 routes to 70 airports, including 36 new airports.

    UDAN 2.0 (2018)

    • Expanded the scheme to include 73 underserved and unserved airports.
    • For the first time, helipads were also connected into the UDAN network.

     

    UDAN 3.0 (2019)

    • Introduced Tourism Routes in coordination with the Ministry of Tourism.
    • Incorporated Seaplane operations to connect Water Aerodromes.
    • Several routes in the North-East Region came under the ambit of the scheme.

     

    UDAN 4.0 (2020)

    • Focused on hilly regions, North-Eastern States, and island territories.
    • Enhanced emphasis on helicopter and seaplane service.

     

    As UDAN entered its 9th year in October 2025, the scheme has achieved significant milestones

     

    Key Innovations and the Road Ahead for Regional Connectivity

    UDAN Yatri Cafes: In line with the vision of making air travel more inclusive, affordable Yatri Cafes have been launched at Kolkata and Chennai airports, offering quality food at accessible prices—tea for ₹10 and samosas for ₹20.

     

     

    Seaplane Operations: To boost regional and last-mile connectivity, guidelines for seaplane operations were released on August 22, 2024, focusing on safety, security, and operational viability. UDAN Round 5.5 has been launched to invite bids from over 50 identified water bodies across the country.

     

     

    Revamped UDAN Initiative: Building on the success of the original scheme, a revamped version aims to add 120 new destinations and enable affordable air travel for 4 crore more passengers over the next decade. The focus will be on expanding connectivity to remote, hilly, and aspirational districts, especially in the North Eastern region, with special support for helipads and smaller airports.

     

     

    Krishi UDAN Scheme: Designed to support farmers and improve value realisation for agri-produce, Krishi UDAN facilitates timely and cost-effective air logistics, particularly from Northeast, hilly, and tribal regions. This multi-ministry convergence scheme currently covers 58 airports, with a focus on 25 priority airports and 33 others nationwide.

     

     

     

    Airport Infrastructure Development: The government has committed to developing 50 new airports over the next 5 years. This includes new greenfield airports in Bihar, expansion of Patna Airport, and development of a brownfield airport at Bihta, aiming to meet the future demand for air travel and regional growth.

     

    Conclusion

    UDAN is more than a policy—it’s a transformative movement that has redefined the aviation narrative in India. By bridging the skies between Bharat and India, the scheme has made the dream of affordable air travel a reality for millions. It has not only brought remote regions onto the national aviation map but has also spurred local economies, boosted tourism, and generated employment across the country. As India marches towards becoming a global aviation hub, UDAN stands tall as a symbol of inclusive growth, resilience, and visionary governance, carrying the aspirations of a new India, one flight at a time.

    References

    · https://ncgg.org.in/sites/default/files/news_document/Presentation_UDAN.pdf

    · https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2066445

    · https://pib.gov.in/PressNoteDetails.aspx?ModuleId=3&NoteId=153437&lang=1&reg=3

    · https://www.narendramodi.in/pm-modi-flags-off-first-udan-flight-under-regional-connectivity-scheme-on-shimla-delhi-sector-535203

    · https://www.civilaviation.gov.in/sites/default/files/migration/Udaan_Eng.pdf

    · https://sansad.in/getFile/loksabhaquestions/annex/184/AU4382_Wzl24z.pdf?source=pqals, LOK SABHA – UNSTARRED QUESTION NO.4382

    · https://www.aai.aero/sites/default/files/rcs_udan/Approved%20Scheme%20UDAN%205.5.pdf

    · https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2066529

    · https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2089984

    · https://pib.gov.in/PressReleasePage.aspx?PRID=2098780

    · https://sansad.in/getFile/annex/266/AU1456_FhLisi.pdf?source=pqars – RAJYA SABHA UNSTARRED QUESTION NO.1456

    Click here to download PDF

    *******

    Santosh Kumar / Sarla Meena / Vatsla Srivastava

    (Release ID: 2124459) Visitor Counter : 103

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: The world will always remember Pope Francis’s service to society: PM

    Source: Government of India

    Posted On: 26 APR 2025 1:00PM by PIB Delhi

    Prime Minister, Shri Narendra Modi, said that Rashtrapati Ji has paid homage to His Holiness, Pope Francis on behalf of the people of India. “The world will always remember Pope Francis’s service to society” Shri Modi added.

    The Prime Minister posted on X :
     
    “Rashtrapati Ji pays homage to His Holiness, Pope Francis on behalf of the people of India. The world will always remember his service to society.”

     

     

    ***

    MJPS/VJ

    (Release ID: 2124476) Visitor Counter : 50

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Inclusivity And Freedom Of Expression Are Our Rich Legacy – Vice-President

    Source: Government of India

    Inclusivity And Freedom Of Expression Are Our Rich Legacy – Vice-President

    Gradient Of Expression And Inclusivity Is Comparably The Highest In Bharat –says VP

    We Must Move From Food Security To Farmer Prosperity – Says VP

    Farmer Must Transform From Producer To Entrepreneur –urges VP

    Citizens Must Be Extremely Mindful That Freedom Of Expression And InclusivityTurn Out To Be National Assets – VP

    Innovation And Research Must Be Farmer-Centric – VP

    Vice-President Addressesthe Gathering At Tamil Nadu Agricultural University In Coimbatore

    Posted On: 27 APR 2025 2:49PM by PIB Delhi

    The Vice-President of India, Shri Jagdeep Dhankhar today said,“Bharat is the world’s oldest civilisation, a peace-loving nation where inclusivity and freedom of expression and thought are our legacy.”

    Addressing the gathering at Tamil Nadu Agricultural University, Coimbatore, Tamil Nadu on the theme “Fostering Agri-Education, Innovation and Entrepreneurship for Viksit Bharat”, the Vice-Presidentobserved that if one traverses history for thousands of years, one would find that in our civilisation, inclusivity and freedom of expression thrived, blossomed, and were respected. In present times, he said, the quotient and gradient of expression and inclusivity are comparably the highest in the world, “Look around, there is no other country like Bharat which can demonstrate inclusivity and freedom of expression,” he said, adding that as citizens of this great nation—the largest democracy, the oldest democracy, the most vibrant democracy—we need to be extremely watchful, mindful and cognisant that freedom of expression and inclusivity must turn out to be our national assets.

    Turning to the agriculture sector, the Vice-President underscored that “we must move from food security to farmer prosperity.” The farmer, he said, has to be prosperous, and this evolution must originate from institutions like Tamil Nadu Agricultural University.

    He further elaborated that farmers must step out of the farmland and involve themselves in marketing their produce. “Farmers should not just be a producer and forget about it. That would mean they will painstakingly, tirelessly raise a produce and will sell it at a time when it is right for the market, without holding it. It doesn’t give much financially,” he noted. He called for empowering the farmers by generating awareness and by informing them that the government cooperative system is very robust.

    “For the first time, we have the Cooperation Minister. Cooperatives find place in our Constitution. Therefore, what we need is farmer traders. We need farmer entrepreneurs. Change that mindset, so that a farmer transforms himself from producer to a value adder, starting some industry which is based on least produce,” he said.

    The Vice-President also emphasized that the farm produce market is gigantic, and when value is added to the farm produce, industry will thrive.

    Shri Dhankhar underlined that it is the duty of every citizen to bear this in mind, particularly at a time when the nation is witnessing unstoppable exponential economic rise, extraordinary growth in infrastructure, technological penetration reaching to the last mile, and the international repute of the nation and its leader, the Prime Minister, is at the highest ever, “We as citizens, therefore, have a great role to contribute to sustain this rise of the nation,” he asserted.

    Emphasizing citizen participation, the Vice-President said that this is the right time for every citizen to fully become aware and also take advantage of the ecosystem of hope and possibility. He urged everyone to take a firm resolve that nation first will be our motto, our unflinching commitment to nation and ever guiding star. “No interest can be higher than that of the Nation,” he stressed.

    Highlighting the role of research and technology in agriculture, he stressed that the gap between lab and land must not merely be bridged—it must be a seamless connect. “Lab and land must be together and for this, over 730 Krishi Vigyan Kendras must be vibrant centres of interaction with farmers, to educate the farmers,” he said. He also called for connecting Krishi Vigyan Kendras and the Indian Council of Agricultural Research, which in itself has over 150 institutions focusing on every aspect of Agronomy.

    Applauding the government’s initiatives, the Vice-President noted that innovative schemes like PM Kisan Nidhi Samman are not freebies but are measures of doing justice to a sector that is our life-line. “This is a direct transfer to the farmer,” he emphasized.

    In this context, Shri Dkhankhar said “in our country there is a massive subsidy for fertilisers. Institutions like Tamil Nadu Agricultural University, he said, must think that if the subsidy currently given to the fertiliser sector for the benefit of the farmer goes directly to the farmer, every farmer would be getting around 35,000 rupees every year.”

    On the larger national vision, the Vice-President asserted, “attainment of Viksit Bharat has to be navigated carefully by institutions like Tamil Nadu Agricultural University. He called it a privilege to be at the University which, he said, has made seminal contributions to India’s food security.”

    He recalled, “India has traversed from food scarcity to food being in plenty, and Tamil Nadu Agricultural University has effected agrarian development and served the broader cause of rural transformation.”

    Paying rich tributes, the Vice-President noted, “one of the towering giants of the agro-sector, one of the proudest sons of Bharat, Dr. M.S. Swaminathan, was an alumnus of Tamil Nadu Agricultural University”. He pointed out that Dr. Swaminathan had the rare distinction of being the recipient of all four civilian awards, including the highest one—the Bharat Ratna.

    Calling for impact-oriented innovation and research, he said that innovation and research initiatives must be evaluated as to what impact they have on the farmer. “Are they having ground impact? Therefore, research has to be applied. Research must be based on need. Research must serve a cause which you identify,” he advised. He added that research must be supported not only by government at the Centre and the State but also by industry, trade, business, and commerce.

    In his concluding remarks, the Vice-President observed that India—our Bharat—has always been a land of agriculture. Its heart pulsates in villages. It is the lifeline of employment and economy, and the spinal strength of the nation in every sense of the term.

    Recalling the ancient wisdom of the Tamil land, he remembered that in this sacred land, the role of the farmer was taken to a high level by the great poet-saint Thiruvalluvar. Citing him, the Vice-President said, “Farmers are the cornerstone of humanity and agriculture as the foremost craft.”He lauded Thiruvalluvar’s wisdom, calling it timeless, and remarked that “the farmer is the provider of our food. The farmer is the architect of our destiny.”

    Shri R.N. Ravi, Governor of Tamil Nadu, ⁠Smt. N. Kayalvizhi Selvaraj, Minister for Human Resources Management, Govt. of Tamil Nadu, ⁠Shri V. Dakshinamoorthy, Agricultural Production Commissioner and Secretary to Government, Dr. M. Raveendran, Director of Research, Tamil Nadu Agricultural University, ⁠Dr. R. Thamizh Vendan, Registrar and Acting Vice Chancellor Tamil Nadu Agricultural University and other dignitaries were also present on the occasion.

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    JK/RC/SM

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  • MIL-OSI Asia-Pac: Two Odia Talents to Shine at Waves 2025 Animation Film Competition Finals

    Source: Government of India

    Two Odia Talents to Shine at Waves 2025 Animation Film Competition Finals

    Bhagyashree Satpathy from Jajpur and Rishav Mohanty from Bhubaneswar to showcase their creative talent

    Posted On: 26 APR 2025 8:19PM by PIB Bhubaneshwar

     

     

    The World Audio Visual & Entertainment Summit (WAVES 2025), set to take place in Mumbai from May 1 to 4, will serve as a prestigious platform for India’s emerging creative talents. Among the 42 finalists selected from across the country for the Animation Filmmaker Competition under WAVES, two young talents from Odisha, Bhagyashree Satpathy of Jajpur and Rishav Mohanty of Bhubaneswar have made their mark.

     

    Bhagyashree Satpathy, a 22-year-old filmmaker and animation artist from Dharmasala, Jajpur, is currently pursuing her studies at the National Institute of Design (NID), Ahmedabad. Deeply inspired by Indian mythology and regional folklore, Bhagyashree’s work reimagines traditional narratives with contemporary themes and a bold visual language. Her finalist project, “Pasa”, is a concept series that blends mythology with psychological drama, exploring manipulation, gender, and control. Bhagyashree has previously directed notable works such as Happy Birthday Tara and a documentary film based on Maa Kalijai of Chilika Lake, Odisha.

     

    Joining her is fellow NID Ahmedabad student, Rishav Mohanty from Bhubaneswar, who has earned his place in the finals with his animation documentary film titled “Khatti”. His work reflects a deep understanding of storytelling and visual narrative, highlighting the potential of animation as a medium for authentic and engaging documentation.

     

    At Waves 2025, the finalists will pitch their projects before an esteemed panel of international judges and top personalities from the global entertainment industry. The competition offers a significant opportunity: the top three winners will each receive a cash prize of ₹5 lakh. Moreover, the event underscores the immense economic potential of India’s animation and VFX industry, where a single animated feature film can generate employment for 100 to 300 professionals.

     

    WAVES 2025 not only seeks to celebrate India’s creative talents but also aims to encourage international collaborations and promote India as a global hub for animation and entertainment.

    With their unique storytelling styles and innovative concepts, Bhagyashree Satpathy and Rishav Mohanty are poised to make Odisha proud on the national stage.

     

     

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  • MIL-OSI Asia-Pac: Text of the Vice-President’s address to the Faculty and Students of Tamil Nadu Agricultural University in Coimbatore (Excerpts)

    Source: Government of India

    Posted On: 27 APR 2025 2:11PM by PIB Delhi

    Good afternoon, all of you. 

    Distinguished audience, faculty and students. Fostering agri-education, innovation, entrepreneurship for Viksit Bharat. The theme could not have been more appropriate, more timely and the theme is at the right place. This is need of our times, this is priority for the country because passage of Viksit Bharat is through the farmlands and the farmlands have to be nurtured by such institutes like yours. 

     

    Attainment of Viksit Bharat has to be navigated carefully by institutions like yours. It is a privilege to be at this university, Tamil Nadu Agricultural University. It has made seminal contributions to India’s food security. We have traversed from food scarcity to food being in plenty. You have affected agrarian development and served the broader cause of rural transformation, but I have a special reason to come to this place. One of the towering giants of agro-sector, one of the proudest sons of Bharat happens to be your alumnus. 

     

    I am referring to Bharat Ratna, Mankombu Sambasivan Swaminathan. Nationally and globally known as Dr. M. S. Swaminathan. He is having a rare distinction of being recipient of all the four civilian awards including the highest one. Dr. Swaminathan received Padma Shri, Padma Bhushan, Padma Vibhushan and then rightly became Bharat Ratna.

     

    It was my good fortune when I announced this in Rajya Sabha to the thunderous applause of all the members that Dr. Swaminathan who has played pivotal, transformative, game-changing role in agro-sector has been awarded Bharat Ratna. I hope and I am sure my hope is well-founded, you will keep his legacy aframed. You will promote his legacy, you will put his legacy on a higher gradient so that we can face the challenges the farmer faces.

     

    Agro-sector has enormous potential that still remains to be tapped and that must begin in institutions like yours. Why I say so, let me reflect on our nation for a moment. Bharat is world’s oldest civilisation, a peace-loving nation where inclusivity and freedom of expression and thought are our legacy.

     

    Traverse history for thousands of years and you will find in our civilisation inclusivity and freedom of expression thrived and blossomed and were respected. In present times, the quotient and gradient of expression and inclusivity is comparably the highest in the world. Look around, there is no other country like Bharat which can demonstrate inclusivity and freedom of expression but we as citizens of this great nation, the largest democracy, the oldest democracy, the most vibrant democracy need to be extremely watchful, mindful and cognisant that freedom of expression and inclusivity must turn out to be our national assets and they should be. 

     

    It is duty of every citizen to bear in mind, particularly at a time when the nation is witnessing unstoppable exponential economic rise, extraordinary growth in infrastructure, technological penetration reaching to the last mile and the international repute of the nation and its leader, the Prime Minister is highest ever. We as citizens therefore have a great role to contribute to sustain this rise of the nation. This is right time for every citizen to fully become aware and also take advantage of ecosystem of hope and possibility. 

     

    Boys and girls and distinguished audience, I appeal to you to take a firm resolve that nation first will be our motto. Our unflinching commitment to nation and ever guiding star. No interest can be higher than that of the nation. India our Bharat has always been land of agriculture. Its heart pulsates in villages. It is lifeline of employment and economy. It is final strength of the nation in every sense of the term and let me remember in this sacred land, the role of the farmer was taken to a high level by great poet, saint Thiruvalluvar, commonly known as Valluvar and this great poet, this great saint praised the farmers and said, ‘farmers are the cornerstone of humanity and agriculture as foremost craft’. He was right, he should be our beacon for enlightenment that farmer is ‘Annadata’, farmer is our ‘Bhagyavidhaata’.

     

    The nation has made huge progress, remarkable progress over the decades. There was a time of food deficiency, there was a time when we used to import wheat from United States of America. I am sure seniors would know ‘PL 480’ but we have become self-sufficient in food. 46% of our population supports this and now a word of caution for you. The sector contributes only 16% to the GDP. Institutions like yours have to carry ahead legacy of Dr. M. S. Swaminathan to ensure there is quantum leap in contribution of this sector to our GDP.

     

    You will be happy to know, India is now exporter of agriculture produce, with agri-food products forming approximately over 11% of our total exports but you have to script a new chapter. You have to write it differently. It is time that our national agriculture agenda must move from food security, which was prime importance and national priority at one point of time, because we had food scarcity. So our concern was food security but now time has changed. We must move from food security to farmer prosperity. Farmer has to be prosperous and this script has to evolve from institutions like yours.

     

    Therefore, I appeal to you and also compliment simultaneously for doing much in this direction. The gap between lab and land must not get bridged. It must be seamless connect. Lab and land must be together and for this, over 730 Krishi Vigyan Kendra must be vibrant centres of interaction with farmers to educate the farmers. But you have to be pipeline, you have to be supportive to those Krishi Vigyan Kendra. You must connect with Krishi Vigyan Kendra surround and also Indian Council of Agriculture Research has over 150 institutions focussing on every aspect of agronomy.

     

    It was soothing for me and my wife to see your exhibition. Your remarkable contribution I could see but that has to be shared extensively. All stakeholders must work in unison for the same purpose being on the same page. Therefore, road ahead has to be evolved by you and that first and foremost has to be through your curriculum. I must compliment that you have evolved curriculum, different from others, which is making a difference. But now this change in curriculum must align to make farmer an entrepreneur. 

     

    You must persuade the farmer to rise above just being producer. You must have courses, formal and informal, whereby farmers, their children, get attracted to farming as marketeers, as value adders and you will be happy to know big change is taking place. But my confidence is optimal, because institutions like yours have the capacity and potential to be crucibles of change for our agro-farm sector.

     

    Innovation and research initiatives must be evaluated as to what impact they have on the farmer. Are they having ground impact? And therefore, research has to be a priority. Research must be based on need. Research must serve a cause which you identify. I would urge that research must be supported, apart from government, at central then state, but also by industry, trade, business and commerce. Have courses for it. I am sure you will make some success. 

     

    Look at the situation we see in the country. When there is production in plenty of perishable goods, the challenge is right on the wall. What does the farmer do? The product, let’s say tomato, can’t last for long. Therefore, institutions like yours must transform perishable goods into self-stable, high-quality products. We can multiply profitability. We can also create employment and cater to both domestic and global markets. If you have courses, there can be transformative industrial mechanisms on wheels. This can be addressed for a great, positive result.  Therefore, agri-entrepreneurship needs to be given a great flip. 

     

    There are 6,000 agri-startups, but for a country of 1.4 billion, a country that has 100 million farming communities farmlands, this is not the right number. The government has taken many initiatives. People have to be aware about them. Make them aware about them. Farmer Producer Organization (FPO), I studied it in great depth. There is a budgetary allocation of 1 lakh crore. This can fund various activities to enhance and strengthen infrastructure for the farmer. 

     

    The government has started innovative schemes, PM-Kisan Samman Nidhi. It is not freebie, it is distinct from freebie. It is doing justice to a sector that is our lifeline. This is a direct transfer to the farmer. United States of America helps its farmers massively, but it has only one motto. It will directly help the farmer. There will be no intervening situation. In our country also, there is a massive subsidy for fertiliser. Institutions like yours must think that if subsidy that is given by the government to fertiliser sector for the benefit of farmer, if it goes directly to the farmer, every farmer would be getting every year around 35,000 rupees. You must do a study on this.

     

    There has to be market linkage. The government has done much by national agriculture market mission but I want, as a son of the farmer, that the farmer must step out of the farmland. Farmer must involve himself or herself for marketing of his and her produce. Farmer should not just be a producer and forget about it. That would mean he will painstakingly, tirelessly raise a produce and will sell it at a time when it is ripe for market without holding it. He doesn’t gain much financially. You have to empower the farmer by generating awareness, by telling them government cooperative system is very robust. For the first time we have a cooperative Minister. Cooperatives find a place in our constitution. Therefore, what we need is farmer traders, we need farmer entrepreneurs. 

     

    Boys and girls and distinguished faculty, you can change that mindset so that a farmer transforms himself from producer to value adder, starting some industry which is based on his produce. If you just look around, farm produce market is gigantic, when value is added to farm produce, industries thrive. Corporates can play bigger role, more and more corporates are entering into agronomy.

     

    I would urge them to share their profits with the farmer. To connect with the farmer, to give back to the farm sector. The connect must be genuine, lasting. I urge the corporates to invest in research and development. Particularly with keeping in mind that value addition must happen at the farmland for the local populace. 

     

    We were self-sustaining units thousands of years ago. Why not now? The populace will have quality produce. In conclusion, I must say that I have no doubt and there is no other option also. Agriculture has to play a vital role, if India has to become a 30 trillion economy in 2047, the income has to go eightfold. This is possible, this is achievable. 

     

    Our last decade development has shown to the world, India is capable of negotiating developmental journey unknown to history in recent times. Therefore, institutions like this will lead agri-revolution. India’s destiny is rooted in the fertility of our fields, the resilience of our farmers, and the innovation crucibles which institutions like this will make available. 

     

    I appeal to those who are involved with this sector to dream big, plan big, have large scale, and achieve it. We have a role model in our Prime Minister, he thinks very big. Toilet for every home. He thinks much bigger, gas connection in every home, Internet connection in every home. Just imagine how things have transformed. I, being a member of Parliament in 1989, a Minister in 1990, I know the difference, the difference is beyond imagination.

     

    I see now all around development I never conceived, never dreamt. Therefore, I carry great hope, optimism, and confidence that institutions like yours will bring about the change the farm sector needs, the country deserves, and the world must acknowledge it because if India gains, the world benefits – ‘Vasudhaiva Kutumbakam’.

     

    Thank you so much.

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  • MIL-OSI Asia-Pac: Akashvani Bags Six Honours at India Audio Summit and Awards 2025

    Source: Government of India

    Akashvani Bags Six Honours at India Audio Summit and Awards 2025    

    ‘Nai Soch Nai Kahani – A Radio Journey With Smriti Irani’ was named the Series of the Year

    ‘Public Speak’ awarded the best audio streaming programme in Health and Fitness category

    Posted On: 26 APR 2025 5:42PM by PIB Mumbai

    : Mumbai, 26th April, 2025

    Akashvani won a total of six awards in various categories at the India Audio Summit and Awards, IASA 2025. The third edition of the awards, which recognise excellence in radio and audio content production, was held in Mumbai on 25th April, 2025.

     

    Director General of Akashvani Dr Pragya Paliwal Gaur graced the India Audio Summit and Awards 2025 as the guest of honour. Addressing the gathering, Dr Gaur highlighted the revolution in the audio industry and how Akashvani, as India’s Public Service Broadcaster, is committed to its mission to ‘Inform, Educate and Entertain’ the people of the country by upholding their interest. She underscored that Akashvani stands firmly for credibility and acts as a beacon in a noisy world.

    Among the top accolades, former Union Minister Smriti Irani’s programme Nai Soch Nai Kahani – A Radio Journey with Smriti Irani was named Series of the Year on radio. The 13-episode series celebrated the incredible tales of grit and determination of women in particular. The series culminated with an exclusive interview with the President of India Droupadi Murmu, which was recorded in the President’s House last year.

    The News Services Division’s popular weekly phone-in show Public Speak was recognised as the Best Produced Audio Streaming Programme in the Health and Fitness category. Other award-winning programmes include Chhayageet, which won in the Best Late Night Show category; Ujale Unki Yadon Ke, named Best Celebrity Show on Air; and Safarcast, which clinched the award for Best Travel Show. Akashvani also bagged the award for the Best Interstitial, showcasing its creative excellence in short-form audio content.

    About India Audio Summit and Awards

    India Audio Summit and Awards is a pioneering initiative dedicated to recognizing and honouring exceptional audio excellence across India’s vibrant landscape. This platform seeks out and celebrates the most captivating and ground- breaking audio content, showcased on diverse platforms, from the realm of audiobooks to podcasts, radio, audio advertising and cutting-edge technology. The celebration embodies a rigorous evaluation process, ensuring a fair and unbiased forum for acknowledging trailblazing achievements.

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    EC/PK

     

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

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  • MIL-OSI Asia-Pac: NIELIT signs MoUs with 8 Visionary Organizations to Propel Digital India Initiatives

    Source: Government of India

    NIELIT signs MoUs with 8 Visionary Organizations to Propel Digital India Initiatives

    MoU signed with SCL Mohali, ERNET India, AMRITA University, NISE, Heartfulness Institute, Kyndryl India, Skyroot Aerospace & IFMR

    Strategic Collaborations to Drive Innovation, Skilling, and Research in Emerging Technologies

    Posted On: 27 APR 2025 2:09PM by PIB Delhi

    In a major stride towards advancing the Digital India mission, the National Institute of Electronics and Information Technology (NIELIT) signed Memorandums of Understanding (MoUs) with eight visionary organizations on 25thApril, 2025 at Electronics Niketan, New Delhi.

    The MoU signing ceremony, graced by the esteemed presence of Sh. S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), marks a new chapter of strategic collaborations for NIELIT aimed at strengthening the digital ecosystem of the nation.

    The organisations with whom NIELIT has signed MoU are Semi-Conductor Laboratory (SCL), ERNET India, National Institute of Solar Energy (NISE), Amrita Vishwa Vidyapeetham, SKYROOT Aerospace, Institute for Financial Management and Research (IFMR) and Kyndryl India.

    These partnerships are designed to enhance education, skilling, research, and innovation in the fields of Electronics and Information Technology. The areas of collaboration span across joint research projects, curriculum development, capacity building, training, skilling programs, and support for emerging technologies and innovation.

    Speaking on the occasion, Sh. S. Krishnan, Secretary, MeitY, highlighted the significance of such synergies, stating,

    “This is a strategic convergence of academia, industry, and government institutions to foster a robust digital ecosystem and develop a future-ready workforce. Collaborative efforts like these are essential to shaping a digitally empowered society and a thriving knowledge economy.”

    He further appreciated the leadership of Dr. M. M. Tripathi, Director General, NIELIT, and the entire NIELIT team for their pivotal role in forging these partnerships and advancing the organization’s commitment to bridging the gap between industry needs and academic outcomes through high-quality, practical education and skilling initiatives.

    The event was graced by distinguished dignitaries including Ms. Preeti Nath, Economic Adviser, MeitY, Dr. M. M. Tripathi, DG, NIELIT, Ms. Tulika Pandey, Scientist G & Group Coordinator, MeitY,  Dr. Kamaljeet Singh, DG, SCL, Sh. Sanjeev Bansal, DG, ERNET India, Ms. Girija Mukund, Director CSR & ESG, Kyndryl India, Dr. Krishnashree Achuthan, Dean & Director, Amrita Vishwa Vidyapeetham, Dr. C. V. S Kiran, VP, Skyroot Aerospace, Dr. Prof. Mohammad Rihan, DG, NISE, Dr. Narsi Reddy, Director, Heartfulness Institute.

     

    About NIELIT

    The National Institute of Electronics and Information Technology (NIELIT) is an autonomous body under the Ministry of Electronics and Information Technology (MeitY), Government of India. NIELIT is dedicated to promoting education, training, and research in Electronics, IT, and emerging technologies.

    With 56 own centers, a vast network of over 700 Accredited Training Partners, and more than 9,000 facilitation centers across the country, NIELIT plays a pivotal role in developing skilled manpower for the digital economy. It is also recognized as a National Examination Body for accrediting institutions and organizations conducting non-formal sector courses in IT and Electronics.

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  • MIL-OSI Asia-Pac: English rendering of PM’s address in the 121st Episode of ‘Mann ki Baat’ on 27.04.2025

    Source: Government of India

    Posted On: 27 APR 2025 11:47AM by PIB Delhi

    My dear countrymen, Namaskar. Today as I speak to you in ‘Mann Ki Baat’, there is a deep anguish in my heart. The terrorist incident that took place in Pahalgam on the 22nd of April has hurt every citizen of the country. Every Indian holds deep sympathies for the affected families. No matter which state one belongs to, no matter which language one speaks, one is feeling the pain of those who have lost their loved ones in this attack. I can feel that the blood of every Indian is on the boil after seeing the pictures of the terrorist attack. This attack in Pahalgam shows the desperation of the patrons of terrorism; displays their cowardice… at a time when peace was returning to Kashmir, there was a vibrancy in schools and colleges, construction work had gained unprecedented pace, democracy was getting stronger, the number of tourists was increasing at a record rate, people’s income was increasing, new opportunities were being created for the youth. The enemies of the country, the enemies of Jammu and Kashmir, did not like that. The terrorists and the masterminds of terror want Kashmir to be destroyed again and hence they executed such a big conspiracy. In this war against terrorism, the unity of the country, the solidarity of 140 crore Indians, is our biggest strength. This unity is the basis of our decisive fight against terrorism. We have to strengthen our resolve to face this challenge that has surfaced before the country. We have to demonstrate strong willpower as a nation. Today the world is watching, after this terrorist attack, the whole country is speaking in one voice.

    Friends, the anger that we the people of India feel, that anger is there in the whole world. After this terrorist attack, condolences are continuously pouring in from all over the world. Global leaders have called me up as well; written letters and sent messages too. Everyone has strongly condemned this heinous terrorist attack. They have expressed condolences to the families of the deceased. The whole world stands with 140 crore Indians in our fight against terrorism. I once again assure the affected families that they will get justice, and justice will be done. The perpetrators and conspirators of this attack will be served with the harshest response.

    Friends, two days ago we lost the country’s great scientist Dr. K. Kasturirangan ji. Whenever I met Kasturirangan ji, we discussed topics like the talent of Indian youth, modern education, Space-Science. His contribution in lending newer heights to science, education and India’s Space Program shall always be remembered. ISRO attained a new identity under his leadership. The Space Programs that moved forward under his guidance gave global recognition to India’s efforts. Many of the satellites that India uses today were launched under the supervision of Dr. Kasturirangan.

    There was one more special facet to his personality, which the younger generation can learn from. He always accorded importance to innovation. The vision of learning, knowing and doing something new is very inspiring. Dr. K. Kasturirangan also played a major role in formulating the new National Education Policy of the country. Dr. Kasturirangan came up with the idea of ​​forward looking education according to the modern needs of the 21st century. His selfless service to the country and contribution to nation building will always be remembered. Very humbly, I pay my tribute to Dr. K. Kasturirangan.

    My dear countrymen, this month of April marks 50 years of the launch of the Aryabhatta Satellite. Today, when we look back and remember this journey of 50 years, we realize how far we have come. This flight of India’s dreams in space once commenced with just conviction. Some young scientists with the passion to do something for the nation … they neither had the modern resources like today, nor the access to world technology as such. If at all they had anything, it was talent, dedication, hard work and the passion to do something for the country. You must have seen pictures of our scientists carrying critical equipment themselves on bullock carts and bicycles. It is the result of that very dedication and spirit of service to the nation that so much has changed today. Today India has become a Global Space Power. We have created a record by launching 104 Satellites simultaneously. We have become the first country to reach the South Pole of the Moon.

    India has launched the Mars Orbiter Mission and we have reached pretty close to the Sun through the Aditya – L1 Mission. Today India is leading the most cost effective but successful Space Program in the entire world. Many countries of the world take help of ISRO for their Satellites and Space Missions. Friends, when we see a Satellite launch by ISRO, we are filled with pride. I had a similar feeling when I witnessed the launch of PSLV-C-23 in 2014. I was also present at the ISRO Center in Bengaluru during the landing of Chandrayaan-2 in 2019. At that time Chandrayaan failed to achieve the expected success, it was a very difficult time for the scientists. But I could see with my own eyes the patience of the scientists and their zeal to achieve something. And a few years later, the whole world too noticed how the same scientists made Chandrayaan-3 a success.

    Friends, now India has opened her Space Sector for the private sector as well. Today many youth are attaining new milestones in the field of Space Startups. 10 years ago, there was only one company, but today there are more than 325 Space Startups working in the country. The times to come are ushering in a lot of new possibilities in Space. India is going to scale new heights. The country is busy preparing for many important missions like Gaganyaan, SpaDeX and Chandrayaan-4. We are also working on the Venus Orbiter Mission and Mars Lander Mission. Our Space Scientists are going to fill the countrymen with new pride through their innovations.

    Friends, you certainly must have seen the horrific pictures of the earthquake that struck Myanmar last month. The earthquake caused huge devastation there… every breath, every moment was precious for the people trapped under the debris. That is why India immediately started Operation Brahma for our brothers and sisters in Myanmar. From Air Force aircraft to Navy ships, everything was sent to help Myanmar. The Indian team set up a field hospital there. A team of engineers helped in assessing the damage to important buildings and infrastructure. The Indian team supplied blankets, tents, sleeping bags, medicines, food items and many other things. During all of that, the Indian team also received a lot of appreciation from the people there.

    Friends, in this crisis, many heart-touching examples of courage, patience and ingenuity came to light. The Indian team rescued an elderly woman of more than 70 years of age who was buried under the debris for over 18 hours. Those who are watching ‘Mann Ki Baat’ on TV right now, you must be able to see the face of that elderly woman. The team from India provided every treatment facility, from stabilizing her oxygen level to treatment of fractures. When this elderly woman was discharged from the hospital, she expressed her gratitude to our team. She expressed that she had got a new life because of the Indian rescue team. Many people told our team that because of them they were able to locate their friends and relatives.

    Friends, after the earthquake, there was a possibility of many people being trapped in a monastery in Mandalay, Myanmar. Our team also carried out relief and rescue operations there, that resulted in them receiving a lot of blessings from Buddhist monks. We are very proud of all those who participated in Operation Brahma. We have our tradition, our values, the sentiment of ‘Vasudhaiva Kutumbakam’ – the whole world is one family. India’s readiness as the Vishwa-Mitra in times of crisis and India’s commitment to humanity is becoming the hallmark of our identity.

    Friends, I have come to know about an innovative effort of NRIs in Ethiopia, Africa. Indians living in Ethiopia have taken the initiative to send children who are suffering from heart disease since birth to India for treatment. Many such children are also being helped financially by Indian families. If the family of a child is unable to come to India on account of lack of money, our Indian brothers and sisters are making arrangements for that too. The effort is to ensure that every needy child of Ethiopia suffering from a serious ailment receives better treatment. This noble work of NRIs is being appreciated a lot in Ethiopia. You know that medical facilities are constantly improving in India. Citizens of other countries are also benefitting from that.

    Friends, just a few days ago, India has also sent a large quantity of vaccine for the people of Afghanistan. These vaccines will be useful in preventing dangerous diseases like Rabies, Tetanus, Hepatitis B and Influenza. This week, on Nepal’s request, India has sent a large consignment of medicines and vaccines there. This will ensure better treatment for patients of thalassemia and sickle cell disease. Whenever it comes to serving humanity, India has always been at the forefront and will always be at the forefront in every such need in the future as well.

    Friends, we were just referring to Disaster Management and the most important thing in dealing with any natural disaster is your alertness. You can now get help in this alertness from a special APP on your mobile. This APP can save you from getting trapped in any natural disaster and its name too is ‘Sachet’. The ‘Sachet APP’ has been developed by India’s National Disaster Management Authority (NDMA). Be it flood, cyclone, land-slide, tsunami, forest fire, avalanche, storm, hurricane or lightning, ‘Sachet APP’ tries to keep you informed and protected in every way. Through this APP, you can receive updates related to the weather department. The special thing is that ‘Sachet APP’ also provides a lot of information in regional languages. You too should take advantage of this APP and share your experiences with us.

    My dear countrymen, today we see India’s talent being appreciated all over the world. India’s youth has changed the world’s view towards India and the interest of the youth of any country shows what the future of the country would be like. Today, India’s youth is moving towards science, technology and innovation. Even in those regions, which were earlier known for backwardness and other factors, the youth have set examples that give us new confidence. A Science Centre at Dantewada in Chhattisgarh is drawing everyone’s attention these days. Until some time ago, Dantewada was known only for violence and unrest, but now, the Science Centre there has become a new ray of hope for children and their parents. Children are enjoying going to this Science Centre. They are now learning everything from making new machines to technology.

    Through making new machines and using technology, they are learning to make new products now. They have got the opportunity to learn about 3D printers and robotic cars as well as other innovative things. Some time ago, I also inaugurated Science Galleries at Gujarat Science City. These galleries provide a glimpse of the potential of modern science, and how much science can do for us. I have been informed that the children there are very excited about these galleries. This growing attraction towards science and innovation will surely take India to new heights.

    My dear countrymen, the biggest strength of our country is our 140 crore citizens, their capability, their will power. And when crores of people join a campaign together, its impact is huge. An example of this is ‘Ek Ped Maa Ke Naam’ – this campaign is in the name of the mother who gave birth to us and it is also for Mother Earth who ensconces us in her lap. Friends, On the 5th of June, on ‘World Environment Day’, this campaign is completing one year. During this one year, under this campaign, more than 140 crore trees have been planted in the name of the mother across the country. Observing this initiative of India, people outside the country have also planted trees in the name of their mother. You too should become a part of this campaign, so that on completion of one year, you can be proud of your participation.

    Friends, all of us know that trees provide coolness… we get relief from heat in the shade of trees. But recently I came across another news related to this which caught my attention. During the last few years, more than 70 lakh trees have been planted in Ahmedabad city of Gujarat. These trees have increased the green area in Ahmedabad to a great extent. Along with that, the number of water bodies has also increased here due to the construction of the River Front on the Sabarmati river and reconstruction of some lakes like Kankaria lake. Now news reports say that in the last few years, Ahmedabad has become one of the major cities fighting against global warming.

    The people there are also feeling this change; the coolness in the environment. The trees planted in Ahmedabad are becoming the reason of bringing myriad shades of happiness there. I again urge all of you to plant trees to maintain the health of the earth, to deal with the challenges of climate change, and to secure the future of your children. ‘Ek Ped – Maa Ke Naam’.

    Friends, there is an old saying ‘where there is a will there is a way’. When we decide to do something new, we certainly reach our destination. You must have eaten a lot of apples grown in the mountains. But, if I ask you whether you have tasted the apples of Karnataka, you will be surprised. Usually, we think that apples are grown only in the mountains. But Shri Shail Teli ji, who lives in Bagalkot, Karnataka, has grown apples in the plains. In his Kulali village, apple trees have started bearing fruits even in temperatures above 35 degrees. Actually since, Shri Shail Teli was fond of farming, so he tried apple farming as well and he attained success in it. Today, a lot of apples grow on the trees planted by him and he is earning a good income by selling them.

    Friends, now that we are talking about apples, you must have heard the name of Kinnauri apple. Saffron production has started in Kinnaur, famous for apples. Generally, saffron cultivation was little in Himachal, but now it has commenced in the beautiful Sangla valley of Kinnaur. One such example is Wayanad in Kerala.

    Success has been achieved in growing saffron there as well. And in Wayanad, this saffron is not being grown in any field or soil; rather with the help of the Aeroponics Technique. Something astonishingly similar has happened with the production of litchi. We had been hearing that litchi grows in Bihar, West Bengal or Jharkhand. But now litchi is being grown in South India and Rajasthan as well. Thiru Veera Arasu of Tamil Nadu used to cultivate coffee. He planted litchi trees in Kodaikanal and after 7 years of hard work, those trees have started bearing fruit. The success in growing litchi has inspired other farmers in the area. Jitendra Singh Ranawat has succeeded in growing litchi in Rajasthan. All these examples are very inspiring. If we decide to do something new and persist despite difficulties, even the impossible can be made possible.

    My dear countrymen, today is the last Sunday of April. The month of May is beginning in a few days. I will take you around 108 years back from today. The year 1917… these two months of April and May… a unique battle for independence was being fought in the country. The atrocities of the British were at their peak. The exploitation of the poor, the deprived and the farmers had crossed inhuman levels. On the fertile land of Bihar, the British were forcing the farmers to grow indigo. The farmers’ fields were becoming barren due to indigo cultivation, but the British government was least concerned. In such a situation, Gandhiji reached Champaran in Bihar in 1917.

    The farmers told Gandhiji – “our land is dying, we are not getting food grains to eat.” The pain of lakhs of farmers made a resolve come up in Gandhiji’s mind. From there the historic Satyagraha of Champaran started. ‘Champaran Satyagraha’ was the first big experiment by Bapu in India. The entire British rule was shaken by Bapu’s Satyagraha. The British had to suspend the law that forced farmers to cultivate indigo. This was a victory that infused new confidence in the freedom struggle. All of you must be aware that another son of Bihar also contributed a lot to this Satyagraha, who became the first President of the country after independence. The great personality was – Dr. Rajendra Prasad. He also wrote a book on the ‘Champaran Satyagraha’ – ‘Satyagraha in Champaran’… every young person should read this book. Brothers and sisters, many more indelible chapters of the freedom struggle are associated with April itself. Gandhiji’s ‘Dandi March’ culminated on the 6th of April itself. This March which commenced on the 12th of March and continued for 24 days had shaken the British. The Jallianwala Bagh massacre took place in April itself. The marks of this blood stained history are still present on the soil of Punjab.

    Friends, in a few days, on the 10th of May, the anniversary of the first freedom struggle would also be there. The spark that arose in that first battle for freedom, later became a torch for millions of freedom fighters.

    On the 26th of April, we observed the death anniversary of the great hero of the 1857 revolution, Babu Veer Kunwar Singh. The entire country derives inspiration from this great freedom fighter of Bihar. We have to keep alive the immortal inspirations of lakhs of such freedom fighters. The energy we receive from them provides renewed strength to our resolve of Amritkaal.

    Friends, in this long journey of ‘Mann Ki Baat’, you have formed an intimate relationship with this programme. The achievements that the countrymen want to share with others are conveyed to the people through ‘Mann Ki Baat’. Next month, we will again meet and talk about the diversity, glorious traditions and new achievements of the country. We will learn about people who are bringing about a change in the society with their dedication and spirit of service. As always, keep sending us your thoughts and suggestions. Thank you, Namaskar.

    *****

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  • MIL-OSI Asia-Pac: Union Minister Ashwini Vaishnaw Launches Guidelines and Portal for Electronics Component Manufacturing Scheme

    Source: Government of India

    Union Minister Ashwini Vaishnaw Launches Guidelines and Portal for Electronics Component Manufacturing Scheme

    Union Minister Urges Electronics Industry to Achieve Six Sigma Standards and Establish Design Teams

    Sarvam AI selected to build India’s first indigenous AI foundational model

    Posted On: 26 APR 2025 7:46PM by PIB Delhi

    Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw today launched the guidelines and portal for the Electronics Component Manufacturing Scheme (ECMS), marking a major step towards strengthening India’s electronics manufacturing ecosystem.

    Speaking at the launch, Union Minister outlined the Government’s clear strategy for electronics manufacturing. He said India started its journey by manufacturing finished products to build volume and basic confidence, enabling downward integration. This was followed by module-level manufacturing, then component manufacturing, and now manufacturing of materials that build components. Highlighting that finished goods account for 80 to 85 percent of the value chain, he noted that the scale achieved in electronics manufacturing has been phenomenal.

    The Minister stated that electronics production has grown five-fold and exports have grown more than six-fold, with export CAGR exceeding 20% and production CAGR over 17%. He added that mobile phones, servers, laptops, and IT hardware have seen very strong progress and that the industry is poised to take off significantly.

    Shri Vaishnaw described ECMS as a horizontal scheme that will support not just electronics but also industrial, power, automobile sectors and more. He emphasized that a complete ecosystem for electronics manufacturing is coming into place across the country.

    Underscoring the importance of innovation and quality, the Minister said that many companies have now established design teams, and it is essential that every participant develops such teams. Stressing on quality, he called for achieving Six Sigma standards across the sector, warning that those not adhering to quality benchmarks would be cut short. He said the twin focus on design capability and quality excellence would drive India’s leadership in electronics.

    Shri Vaishnaw also spoke about India’s advances in AI and data-driven solutions. He informed that 350 datasets have already been uploaded on AI Kosh, and four AI tools developed by IITs will soon be released. He further stated that techno-legal solutions are being developed to strengthen the electronics ecosystem.

    The Minister informed that ECMS has a strong pipeline of projects ready for approval and expressed confidence that this marks just the beginning of India’s rapid growth as a global electronics hub.

    Addressing the session, Secretary, MeitY, Shri S Krishnan said that ECMS aims to firmly establish India as electronic manufacturing superpower in the world. He added the MeitY will work with all the stakeholders to make the scheme a great success.

    During the event, Sarvam AI was selected to build India’s first indigenous AI foundational model, marking a major milestone in the country’s AI innovation ecosystem.

    Strong Industry, Government, and Global Participation

    The launch event was witnessed by 200+ participants which includes Senior GoI officials, Senior State Government officials, Embassy representatives, Senior Domestic and Global Industry leaders, Domestic and Global Industry Associations, Financial institutions, consulting firms, media, etc.

    The unveiling of the guidelines and portal for the ECMS was a significant milestone, drawing the attention of prominent industry leaders, esteemed industry associations, leading financial institutions, and representatives from various embassies. This landmark event underscored the importance of collaboration between key stakeholders. The presence of such distinguished individuals highlighted the widespread interest in and commitment to advancing the component manufacturing in county.

    Presentation was made on the scheme and its guidelines, highlighting the journey of its formulation and the distinctive features of this unique scheme. The presentation provided a comprehensive overview of the thought process and strategic considerations that shaped the scheme, emphasizing its innovative approach to differentiated incentivization. Notably, it marks the first-ever offering of hybrid incentives, introducing a  direct linkage between incentives and employment generation, reinforcing its commitment to economic growth and job creation.

    This scheme goes beyond incentivizing subassemblies and components—it adopts a comprehensive approach by encompassing the entire supply chain associated with these elements. In addition to fostering the development of components and subassemblies, it also extends support to capital equipment, ensuring the inclusion of essential machinery that drives manufacturing processes. Moreover, it incentivizes the subassembly of equipment used in manufacturing, reinforcing an integrated system that enhances efficiency and production capabilities. By incorporating these critical aspects, the scheme promotes a robust, interconnected ecosystem, strengthening domestic manufacturing.

    The scheme places a strong emphasis on the performance of applicants, ensuring that incentives are allocated based on a first-come, first-served approach. This structure encourages efficiency, proactive participation, and timely application submissions, fostering a competitive yet fair environment.

    Furthermore, the scheme guidelines that govern the implementation process have been designed with clarity and precision, ensuring they remain simple and unambiguous. The guidelines uphold the ease of doing business, making compliance straightforward and accessible for all stakeholders. By eliminating unnecessary complexities and streamlining procedural requirements, the guidelines facilitate efficient execution while fostering a conducive environment.

    During the event, industry leaders applauded the seamless implementation of the Production-Linked Incentive (PLI) schemes rolled out by MeitY. They expressed appreciation for efficient execution of these initiatives, emphasizing how the well-defined processes have facilitated smooth and prompt disbursement of incentives.

    Union Minister Shri Ashwini Vaishnaw, along with all participants, observed a minute of silence at the start of the event in memory of the victims of the recent terrorist attack in Pahalgam.

    Background

    The Union Cabinet, chaired by Hon’ble Prime Minister, had approved the Electronics Component Manufacturing Scheme (ECMS), which was notified vide Gazette Notification CG-DL-E-08042025-262341 dated 08.04.2025.

    The scheme aims to develop a robust component ecosystem by attracting large investments (global/domestic) in electronics component manufacturing ecosystem, increasing Domestic Value Addition (DVA) by developing capacity and capabilities, and integrating Indian companies with Global Value Chains (GVCs).

    With various initiatives of Gol, the electronics manufacturing sector has witnessed remarkable growth in the last decade. The domestic production of electronic goods has increased from Rs.1.90 lakh crore in FY 2014-15 to Rs.9.52 lakh crore in FY 2023-24 at a CAGR of more than 17%. The exports of electronic goods have also increased from Rs.0.38 lakh crore in FY 2014-15 to Rs.2.41 lakh crore in FY 2023-24 at a CAGR of more than 20%. In FY 2024-25, Electronics became the 3rd largest exported commodity from India.

    India has made significant progress in electronics manufacturing, especially in mobile manufacturing and become the world’s 2nd largest mobile manufacturing country.

    Scheme Budget Outlay: ₹ 22,919 crore

    Scheme Tenure: 6 years (1 year of gestation period) i.e. from FY2025-26 to FY2031-32.

    Incentive Structure

    The scheme offers differentiated fiscal incentives viz. a) Turnover-linked incentive b) Capex-linked incentive c) Hybrid incentive [i.e. combination of both (a) and (b)]

    Employment linked incentive: A part of turnover linked incentive and capex incentive is linked with employment.

    Target Segment-wise Incentives Offered

     

    S.No.

    Target segments

    Cumulative investment

    (₹)

    Turnover linked incentive

    (%)

    Capex incentive

    (%)

    A

    Sub-assemblies

    1

    Display module sub-assembly

    250 crore

    4/4/3/2/2/1

    NA

    2

    Camera module sub-assembly

    250 crore

    5/4/4/3/2/2

    NA

    B

    Bare components

    3

    Non-SMD passive components

    50 crore

    8/7/7/6/5/4

    NA

    4

    Electro-mechanicals

    50 crore

    8/7/7/6/5/4

    NA

    5

    Multi-layer PCB

    50 crore

    ≤ 6 layers 6/6/5/5/4/4

     

    ≥ 8 layers 10/8/7/6/5/5

    NA

     

    6

    Li-ion Cells for digital application (excluding storage and mobility)

    500 crore

    6/6/5/5/4/4

    NA

     

    7

    Enclosures for Mobile, IT Hardware products and related devices

    500 crore

    7/6/5/4/4/3

    NA

    C

    Selected bare components

    8

    HDI/MSAP/Flexible PCB

    1000 crore

    8/7/7/6/5/4

    25%

    9

    SMD passive components

    250 crore

    5/5/4/4/3/3

    25%

    S.No.

    Target segments

    Minimum investment

    (₹)

    Turnover linked incentive

    (%)

    Capex incentive

    (%)

    D

    Supply chain ecosystem and Capital equipment

    10

    Supply chain of sub-assemblies (A) & bare components (B) & (C)

    10 crore

    NA

    25%

    11

    Capital goods used in electronics manufacturing including their sub-assemblies and components

    10 crore

    NA

    25%

    Application Window: Scheme shall be open to receive application from 1st May 2025 through the online portal (www.ecms.meity.gov.in).

    1. For target segment (A), (B) & (C): 3 months

    2. For target segment (D): 2 years

    Expected Outcomes

    The scheme envisages to attract investment of ₹ 59,350 crore, result in production of ₹ 4,56,500 crore and generate additional direct employment of 91,600 persons and many indirect jobs as well during its tenure.

    For more info:

    Website: www.ecms.meity.gov.in; www.meity.gov.in

    Email: ecms-meity@meity.gov.in

    Contact number: +91-11-24360886

    ******

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  • MIL-OSI Asia-Pac: BECIL Successfully Organizes ‘India: A Bird’s Eye View Challenge’ under Ministry of Information and Broadcasting

    Source: Government of India

    BECIL Successfully Organizes ‘India: A Bird’s Eye View Challenge’ under Ministry of Information and Broadcasting

    Finalists of ‘India: A Bird’s Eye View Challenge’ Shortlisted for Felicitation at WAVES 2025

    Posted On: 26 APR 2025 6:30PM by PIB Mumbai

     

    :Mumbai, 26th, April, 2025

    Broadcast Engineering Consultants India Limited (BECIL), a Mini Ratna Public Sector Enterprise under the Ministry of Information and Broadcasting, was entrusted with organizing and managing the India: A Bird’s Eye View Challenge.

    The challenge invited participants to submit 2–3 minute aerial videos highlighting India’s beauty, diverse landscapes, heritage, culture, innovation, progress and transformation through compelling drone cinematography. To promote inclusive participation, the challenge featured two categories:

    1) Open Category: Open to all Indian citizens, including filmmakers, students, hobbyists, professionals, and drone enthusiasts.

    2) Drone Didi Category: Exclusively for women trained under initiatives like the Namo Drone Didi Scheme, aimed at empowering women in rural and semi-urban areas through drone training.

    To ensure widespread awareness and encourage participation, BECIL implemented a comprehensive national media campaign that combined both traditional and digital outreach methods. The campaign involved institutional visits and seminars at drone academies, media institutes and universities across India, along with live interactions with students and drone trainees to generate grassroots-level engagement. A dedicated online portal was launched to facilitate seamless registration and video submission. Additionally, strategic email campaigns targeted media schools, drone training centers and civil society networks to expand the campaign’s digital footprint. Social media platforms such as Twitter, Instagram, Facebook, and LinkedIn were actively leveraged through tailored content to build sustained interest in the challenge. Complementing the digital efforts, printed materials including posters and pamphlets were distributed.

    The challenge received an overwhelming 1,324 registrations, including 382 entries from Drone Didi participants, reflecting the growing enthusiasm for drone videography as a storytelling medium. Entries poured in from across India—from the Himalayan valleys of Himachal Pradesh to the cultural corridors of Uttar Pradesh, the plains of Bihar, the innovation hubs of Gujarat and Karnataka, and the coastal stretches of Tamil Nadu—making this a true pan-India celebration of creativity and progress.

    All entries were meticulously reviewed by a distinguished jury panel comprising:

    • Mr. Piyush Shah – Cinematographer, Producer, Writer, and Sound Designer
    • Mr.R.V. Ramani – National Award-winning Filmmaker & Documentary Cinematographer
    • Mr. Arun Varma – Acclaimed Cinematographer in Indian Cinema

    Following a rigorous evaluation process, five finalists from each category were shortlisted, along with four entries under a Special Category for Social Representation:

    These shortlisted entries will be showcased at WAVES 2025, and the winners will be declared and felicitated during a grand ceremony at the summit.

    For more information and updates, visit: www.becil.com

    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

    Come, Sail with us! Register for WAVES now

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  • MIL-OSI Asia-Pac: IOS SAGAR IN PORT LOUIS, MAURITIUS

    Source: Government of India

    Posted On: 27 APR 2025 3:10PM by PIB Delhi

    IOS SAGAR arrived at Port Louis Harbour, Mauritius on 26 Apr 25 on completion of Phase I of Joint EEZ surveillance with National Coast Guard (NCG) Mauritius as part of deployment to the South Western Indian Ocean. The visit marks a significant milestone in India’s commitment to regional maritime cooperation and capacity-building with friendly foreign countries.

    Indian Naval Ship Sunayna (IOS SAGAR), which sailed from Karwar on 05 Apr 25, has 44 naval personnel from nine friendly foreign nations of the Indian Ocean Region (IOR), including two officers and six sailors from the Republic of Mauritius.

    This initiative underlines the Indian Navy’s continued efforts to enhance interoperability, mutual learning, and regional maritime security in a spirit of collective growth and cooperation.

    The ship and her crew were received with warmth and enthusiasm, reflecting the close and time-tested bonds between India and Mauritius. The welcome reception was graced by Mr. Sooroojebally R, PMSM, the Commissioner of Police, and several high-ranking dignitaries of the Prime Minister’s Office, Mauritius Police Force, Indian High Commission, and NCG Mauritius. On completion of the welcome ceremony, the dignitaries were given a tour of the ship, which was followed by interaction with personnel embarked from friendly foreign nations.

    During the port call, the Commanding Officer, IOS SAGAR, will call on the Commandant, National Coast Guard, the Commissioner of Police and the High Commissioner of India. Various activities are planned during the two-day port call, including the visit by the IOS SAGAR crew to the Maritime Air Squadron, Special Mobile Force Squadron and the Police Helicopter Squadron. The Commissioner of Police will also interact with the multinational crew of IOS SAGAR at Police Headquarters. The ship will be open to visitors on 27 Apr 25. Activities like trekking, Joint Yoga session and friendly sports fixtures have also been planned during the ship’s stay at Port Louis.

    On departure, the ship will undertake phase II of Joint EEZ surveillance with the NCG Mauritius and, upon completion, proceed to Port Victoria, Seychelles.

    INS Sunayna, a state-of-the-art Saryu class NOPV, is designed for anti-piracy operations, maritime surveillance, and HADR. The ship is equipped with medium and close-range gunnery weapons and modern electronic warfare suites, including missile defence measures. She can also carry a helicopter, which enhances her operational and surveillance capability.

    _____________________________________________________________

    VM/SKS                                                                                                        94/25

     

     

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  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi addresses participants during 15th tranche of Rozgar Mela held simultaneously at 47 locations nationwide through Video Conferencing

    Source: Government of India

    Prime Minister Shri Narendra Modi addresses participants during 15th tranche of Rozgar Mela held simultaneously at 47 locations nationwide through Video Conferencing

    Over 51,000 appointment letters distributed to newly-inducted youth in various government departments and organisations

    Posted On: 26 APR 2025 8:50PM by PIB Delhi

    The 15th edition of the Rozgar Mela, a flagship initiative dedicated to enhancing employment opportunities across India, was held on April 26th, 2025.

    Addressing the event via videoconferencing, Prime Minister Shri Narendra Modi distributed over 51,000 appointment letters to newly-inducted youth in various government departments and organisations.

    Addressing the gathering, the Prime Minister emphasized that the youth are undeniably the bedrock of a nation’s progress and prestige. He remarked that wherever young people actively engage in the process of nation-building, those countries not only accelerate along the path of development but also carve out a distinct and respected identity on the global stage. Highlighting the government’s unwavering commitment to empowering the youth, he spoke of various mission-driven initiatives such as Skill India, Make in India, and Digital India, which aim to create abundant employment and self-employment opportunities.

    He bestowed upon the newly appointed recruits a guiding mantra — “Nagarik Parmo Dharma” — urging them to adopt it as a lifelong principle. Concluding his address, the Prime Minister extended his heartfelt congratulations to all the selected candidates and their families.

    Union Minister for Railways Shri Ashwini Vaishnav and Minister of State, Dr. Jitendra Kumar handed over appointment letters to 25 candidates. Total 185 candidates received appointment letters today including 31 women. So far, the Rozgar Mela initiative has facilitated the onboarding of more than ten lakh of young professionals into public service, acting as a catalyst for transforming aspirations into meaningful careers.

    The newly-appointed individuals will assume different roles ranging from administrative and technical positions to field-level operational duties, reflecting a broad spectrum of government functions. These appointments are expected to significantly enhance the delivery of public services, improve governance outcomes, and bring fresh energy and innovation to the government workforce. Aimed at not just job creation, but also at creating opportunities for professional growth, Rozgar Mela aligns with the vision of Viksit Bharat@2047 — a future-ready India built on the pillars of employment, empowerment, and efficiency.

    Held simultaneously at 47 locations nationwide, this edition of the Rozgar Mela facilitated large-scale recruitments across multiple Ministries and Departments of the Central Government. All of these 47 locations across the country were connected with the Mela during the Prime Minister’s address through Video Conferencing mode.

    The Rozgar mela in Delhi, hosted by CBIC was held at the National Media Centre, Delhi. The dignitaries that attended the occasion included Chief Guest, Shri Ashwini Vaishnaw, Union minister of Railways, Information & Broadcasting and Electronics and Information & Technology, Guest of Honour Dr. Jitendra Kumar, Minister of State (Independent charge), Ms. Rachna Shah, Secretary, DoPT, Shri Sanjay Kumar Aggarwal, Chairman, CBIC, among others.

    A total of 185 appointment letters were distributed to the new appointees at this location placing them in key sectors, including the Ministry of Home Affairs, Department of Revenue, Department of Higher Education, Ministry of Health and Family Welfare, and Ministry of External Affairs, among others—strengthening the administrative machinery while empowering the next generation of public servants.

    Shri Ashwini Vaishnaw expressed his joy in handing over appointment letters to the newly recruited youth. In his address, the Minister underscored the government’s steadfast commitment to building robust infrastructure and fostering opportunities that enable young citizens to become self-reliant and future-ready. He urged the new recruits to embrace the guiding principle of “Rashtra Pratham, Sadaiva Pratham — placing the nation first, always — as a compass throughout their careers dedicated to public service and nation-building.

    In his welcome address, Dr. Jitendra Kumar highlighted the remarkable inclusivity reflected in the 15th tranche of the Rozgar Mela, under which more than 51000 appointment letters are being distributed. He noted that approximately 28% of the new recruits are women, around 26.4% belong to the Other Backward Classes (OBC), about 13.9% are from the Scheduled Castes (SC), and 7.8% represent the Scheduled Tribes (ST). These figures, he emphasized, are a testament to the government’s continued commitment to ensuring diversity, equity, and equal opportunity in its recruitment processes.

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  • MIL-OSI Asia-Pac: EPFO Hands Over Appointment Letters to 976 New Recruits in 15th Rozgar Mela

    Source: Government of India

    Posted On: 26 APR 2025 4:33PM by PIB Delhi

    The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment, proudly participated in the 15th edition of the Rozgar Mela held today across 47 locations nationwide. The event, addressed by Prime Minister Shri Narendra Modi via videoconferencing, saw the distribution of over 51,000 appointment letters to newly inducted youth in various government departments, including EPFO.

    As part of this significant recruitment drive, EPFO welcomes new recruits to strengthen its workforce, ensuring efficient delivery of social security services to millions of subscribers across India. Appointment Letters to 345 Accounts Officers/ Enforcement Officers and 631 Social Security Assistants were issued today.

    The newly appointed personnel will contribute to EPFO’s mission of providing provident fund, pension, and insurance benefits, supporting the government’s vision of a robust and inclusive economy.

    EPFO has established Recruitment vertical in Head Office to ensure regular recruitments and developed a recruitment calendar complying with directions of Union Minister of Labour and Employment, Dr. Mansukh Mandaviya.

    During last one year, EPFO has recruited 159 Assistant Provident Fund Commissioners, 84 Junior Translation Officers, 28 Stenographers, 2674 SSAs among others.  Further recruitment of APFCs, EO/AO, PAs and ASOs are underway.

    The Rozgar Mela aligns with the Prime Minister’s commitment to prioritizing employment generation and empowering youth for nation-building. EPFO’s participation underscores its dedication to transparent and merit-based recruitment, leveraging modernized processes to enhance service delivery.

    The new recruits will have access to training through the iGOT Karmayogi platform, besides formal training enabling them to upskill and excel in their roles.

    EPFO extends its congratulations to all appointees and reaffirms its resolve to foster a future-ready workforce that drives India’s social security framework towards greater heights.

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    DT

    (Release ID: 2124544) Visitor Counter : 17

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Indian Army’s Pioneering Initiative: Advanced 3D Microscope introduced for the first time in Army Hospital (R&R) for Minimally Invasive Glaucoma Surgery

    Source: Government of India

    Posted On: 26 APR 2025 7:19PM by PIB Delhi

    In a first and a unique milestone for the Armed Forces, the Department of Ophthalmology in Army Hospital (Research and Referral), New Delhi has performed the minimally invasive glaucoma surgery using 3D Microscope. This three-dimensional visualisation system is very useful for eye surgeries, including treatment for squint, cataract, corneal, glaucoma and retinal issues.

    This system utilises special 3D polarisation glasses, and a 55-inch 4K ultra-HD display. Potential advantages include significantly lesser surgical time/complication rate compared to conventional microscope, decreased power of endoilluminator, reduced photo-toxicity, ease of use in uncommon and complicated situations and high surgeon and nurse satisfaction scores.

    This initiative is a testament to the unwavering commitment of the Indian Army in ensuring top-tier medical services reach to our clientele at the apex institutes. This facility aims to offer cutting-edge eye care services, enhancing the hospital’s capabilities in treating a wide range of ocular conditions.

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    SR/Savvy

    (Release ID: 2124598) Visitor Counter : 106

    MIL OSI Asia Pacific News