Category: KB

  • MIL-OSI Asia-Pac: Appointments to Board of West Kowloon Cultural District Authority

    Source: Hong Kong Government special administrative region

    Appointments to Board of West Kowloon Cultural District Authority
    Appointments to Board of West Kowloon Cultural District Authority
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         The Government today (October 18) announced appointments made by the Chief Executive to the Board of the West Kowloon Cultural District Authority (WKCDA) for a two-year term from October 23, 2024, to October 22, 2026.           The list of appointees is as follows: Mr Bernard Charnwut Chan (Vice-Chairman)Mr Abraham Chan Lok-shung*Mr Vincent Cheng Wing-shun *Dr Roy Chung Chi-pingMr Andy Hei Kao-chiangMr Benjamin Hung Pi-cheng*Mr Jat Sew-tongMr Leo Kung Lin-cheng*Mr Liu Che-ningMs Yolanda Ng Yuen-tingDr Pang Yiu-kai*Mr Paulo Pong Kin-yeeMr Anthony Wu Ting-yuk*Ms Catherine Yen Kai-shunSecretary for Culture, Sports and Tourism or alternate representativeSecretary for Development or alternate representativeSecretary for Financial Services and the Treasury or alternate representative (*new appointee)      A Government spokesman said that the non-official members appointed are experienced in their respective areas of expertise, including arts and culture, tourism, engineering, business and finance, law and community service. They will provide the necessary knowledge and valuable advice in helping the Board to discharge its statutory duties and oversee the development and operation of the West Kowloon Cultural District (WKCD).     “I would like to thank the outgoing members – Ms Winnie Tam Wan-chi, Mr Henry Fan Hung-ling, Mr Glenn Fok, Ms Rose Lee Wai-mun, Ms Dee Poon Chu-ying and Ms Tennessy Hui Mei-sheung – for their efforts and contributions. I also welcome the new appointees, and look forward to continuing to work closely with the WKCDA Board”, said the Secretary for Culture, Sports and Tourism, Mr Kevin Yeung.     The WKCDA Ordinance (Cap. 601) provides that the Board is the governing and executive body of the WKCDA. It is responsible for the planning, development, operation and maintenance of the arts and cultural facilities and related facilities in the WKCD. The Chairman of the Board is Mr Henry Tang Ying-yen. In addition to the aforementioned members, Mr Kenneth Fok Kai-kong is also a member of the Board.

     
    Ends/Friday, October 18, 2024Issued at HKT 18:27

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  • MIL-OSI Asia-Pac: Seventh stop of “Anti-drug Info Zone: Stride Ahead Into A Drug-free Future” Roving Exhibition to be held at Citywalk 2 this weekend

    Source: Hong Kong Government special administrative region

    Seventh stop of “Anti-drug Info Zone: Stride Ahead Into A Drug-free Future” Roving Exhibition to be held at Citywalk 2 this weekend
    Seventh stop of “Anti-drug Info Zone: Stride Ahead Into A Drug-free Future” Roving Exhibition to be held at Citywalk 2 this weekend
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         The “Anti-drug Info Zone: Stride Ahead Into A Drug-free Future” Roving Exhibition (Anti-drug Roving Exhibition) will be held at Citywalk 2 in Tsuen Wan tomorrow (October 19) and October 20. Members of the public are welcome to visit the exhibition at the event hall on the UG/F of Citywalk 2 from 10am to 9pm.                The Anti-drug Roving Exhibition is co-organised by the Narcotics Division (ND) of the Security Bureau and the Action Committee Against Narcotics, and is designed with the theme of interstellar space. Drugs are portrayed in the exhibition as aliens that should be defeated. This visual representation helps present the adverse effects caused by drugs on one’s mind and body in a vivid manner. By seeing the aliens, everyone will be strongly reminded again to stay away from drugs at all times, and be aware of the dire consequences of committing drug crimes.                Including elements of STEM (science, technology, engineering and mathematics) and multimedia, the Anti-drug Roving Exhibition is divided into different theme zones with games, digital exhibition panels and a photo booth to spread anti-drug knowledge to visitors and provide them with information about criminal liability for drug offences, as well as how to seek help and so on. Anti-drug videos, animations and leaflets will also be available at the Anti-drug Roving Exhibition to provide visitors with precise anti-drug information. After this seventh stop, the Anti-drug Roving Exhibition will be held at different places including tertiary institutes until the end of March next year.     Furthermore, the ND has been closely monitoring drug trends in and outside Hong Kong and is carrying out preventive education and publicity in a timely manner to deepen the public’s understanding of the harmful effects caused by drug abuse. The ND has produced an animated video about the harmful effects of abusing “space oil”, which depicts a youngster falling into a drug abyss after inhaling “space oil” through vaping. “Space oil” is a kind of liquid that has harmful substances illegally added to it. Usually, its main ingredient is etomidate, an anaesthetic that can only be prescribed by a doctor according to the law. Anyone who illegally possesses and uses this substance commits an offence. “Space oil” may also be mixed with other drugs, including cannabis and ketamine (commonly known as “K”), etc. “Space oil” can cause addiction as well as serious physical and mental harm, and even death. Therefore, vaping “space oil” is the same as taking drugs. The animated video will be shown at the Anti-drug Roving Exhibition. Members of the public are also encouraged to watch the animated video on the relevant ND’s webpage (www.nd.gov.hk/en/space_oil.html) and official accounts (“narcotics.divisionhk”) on Facebook and Instagram.      Apart from the animated video on “space oil”, the ND’s official accounts (“narcotics.divisionhk”) on Facebook and Instagram also provide the latest anti-drug information. The public are welcome to follow the accounts. The website (www.nd.gov.hk) of the ND also contains detailed information about dangerous drugs, including frequently asked questions about cocaine, cannabis and methamphetamine (commonly known as “Ice”), as well as updates on the Anti-drug Roving Exhibition (www.nd.gov.hk/en/rovingexhibition.html). If members of the public encounter any drug problems, they can message 98 186 186 on instant messaging applications WhatsApp and WeChat, or call the 24-hour hotline 186 186 to seek information or assistance from professional social workers.

     
    Ends/Friday, October 18, 2024Issued at HKT 18:22

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  • MIL-OSI Asia-Pac: Jobless rate steady at 3%

    Source: Hong Kong Information Services

    The seasonally adjusted unemployment rate stood at 3% for the period between July and September, unchanged from the June-to-August figure, the Census & Statistics Department announced today.

    The underemployment rate also remained unchanged, at 1.2%.

    Total employment increased by around 1,700 to 3,710,200, while the labour force remained about the same at 3,830,100.

    The number of unemployed people decreased by around 2,400 to 119,900. Meanwhile, the number of underemployed people also dropped by around 1,500 to 46,000.

    Apart from noting that the overall labour market should remain tight in the near term amid the sustained economic growth, Secretary for Labour & Welfare Chris Sun explained that the employment situation may vary across sectors depending on their business performances.

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  • MIL-OSI Asia-Pac: Union Minister Shri Jyotiraditya M. Scindia visits the cultural corridor highlighting the technological advancement in the handloom sector, particularly by the North Eastern Region (NER) in the ongoing ITU-WTSA 2024

    Source: Government of India (2)

    Union Minister Shri Jyotiraditya M. Scindia visits the cultural corridor highlighting the technological advancement in the handloom sector, particularly by the North Eastern Region (NER) in the ongoing ITU-WTSA 2024

    The corridor beautifully combines India’s rich cultural traditions with its technological advancements, captivating delegates from around the world.

    Posted On: 18 OCT 2024 10:57AM by PIB Delhi

    The Minister of Communications; and Minister of Development of North Eastern Region Shri. Jyotiraditya M Scindia yesterday visited the vibrant Cultural Corridorwhich has been set up at Bharat Mandapam to share a glimpse of India’s rich heritage with thousands of international delegates participating in the ITU-WTSA 2024. The corridor features exquisite handlooms and handicrafts from various corners of the country, displayed and available for display and purchase at 14 stalls organized by the Ministry of Textiles and Ministry of Development of North eastern Region DONER.

    The corridor also highlights technological advancements in the handloom sector, particularly by the Northeastern Region (NER). Delegates can experience India’s technological leadership through its Digital Public Infrastructure (DPI), which facilitates cashless transactions for goods and services during the event via UPI services.

    Another notable highlight of technology adoption is a demonstration of NEHHDC’s (North Eastern Handicrafts & Handlooms Development Corporation Ltd) case study on the application of Blockchain for the Traceability of Eri cocoon “fibre to fashion” value chain. NEHHDC is working with LW3 to design and develop Digital Product Passport for handloom sector that uses blockchain technology and unique non cloneable QR codes to create a digital passport for handloom and handicraft products using Eri silk cocoon as sustainable fibre. This passport provides transparency, traceability, and authenticity, ensuring fair trade practices and protecting the intellectual property of artisans and weavers. By recording the product’s journey, chain of custody, and consumer interaction with the artisan and weaverd, LW3 empowers consumers to make informed choices and supports a more ethical and sustainable market for handcrafted goods. The platform also allows artisans to gain social recognition through positive consumer feedback.

    Additionally, the corridor features three stalls dedicated to NEHHDC under MoDONER, showcasing handlooms and handicrafts from the Northeastern states. Highlights include the Shaphee Lanphee from Manipur, at the Handlooms of North Eastern Region stall. The Handicrafts of North Eastern Region stall features items like cane sling bags and coin purses by artist Mrs. Keisham Babita Devi from Manipur. Additionally, the Technology Adoption in Handlooms of NER stall showcases Manipuri home textiles by National Awardee Smt. Indira Chirom and provides insight into traditional Manipuri weaving techniques passed down through generations. Textiles crafted on loin looms, throw shuttles, and fly shuttle looms, including Enaphees and Moirangphees, are also on display.

    Overall, The Cultural Corridor includes artisans who are National Awardees and skilled craftspeople, presenting a diverse array of handloom and handicraft products from various states, including Kutch shawls and Tangaliya weaves from Gujarat, Manipuri home textiles, Kullu shawls from Himachal Pradesh, and Pochampally Ikat from Telangana.

    The visit was a part of the side events of the ongoing WTSA 24 & IMC24 being held in New Delhi. The event marks the beginning of a new chapter in India’s digital journey, reinforcing the country’s commitment to becoming a global leader in advanced communication technologies.

    About WTSA 2024:

    WTSA 2024, organized by the International Telecommunication Union (ITU), serves as a platform for the development and implementation of global telecommunications standards, uniting regulators, industry leaders, and policymakers to shape the future of communications worldwide.

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  • MIL-OSI Asia-Pac: Launch of Pilot projects in Steel Sector under the National Green Hydrogen Mission

    Source: Government of India

    Posted On: 18 OCT 2024 11:21AM by PIB Delhi

    As part of National Green Hydrogen Mission, the Union Government has sanctioned three pilot projects for use of Hydrogen in steel production. Earlier the Ministry of New and Renewable Energy had issued guidelines for Implementation of Pilot projects in Steel Sector under this Mission.

    The objectives of the scheme were to identify advance technologies for utilizing green hydrogen in steelmaking, through pilot projects. These pilot projects can demonstrate safe and secure operations of green hydrogen-based steel making processes, validating technical feasibility and performance, evaluating their economic viability thereby leading to low-carbon iron and steel production. Accordingly, the proposals were invited for three components (i) Pilot project to produce DRI using 100 % Hydrogen using vertical shaft, (ii) Use of Hydrogen in Blast Furnace to reduce coal/ coke consumption and (iii) Injection of Hydrogen in vertical shaft based DRI making unit.

    Based on the evaluations of the proposals received, the Ministry of New and Renewable Energy has sanctioned total three pilot projects in the steel sector, (a) Matrix Gas and Renewables Ltd (Consortium members: Gensol Engineering Ltd, Indian Institute of Technology Bhubaneswar, Metsol AB, Sweden) with pilot plant capacity 50 ton-per-day (TPD), (b) Simplex Castings Ltd (Consortium member: BSBK Pvt. Ltd., Ten Eight Investment, IIT Bhilai) with pilot plant capacity 40 TPD and  (c) Steel Authority of India Ltd (Ranchi) with plant capacity 3200 TPD.

    The total financial support made available will be Rs. 347 Crore from the Government of India. These pilot projects are likely to be commissioned in next 3 years, paving way to the scaleup of such technologies in India.

    The Scheme Guidelines can be accessed here.

    The National Green Hydrogen Mission was launched on 04th January 2023 with an outlay of Rs. 19,744 crores up to FY 2029-30. It will contribute to India’s goal to become Aatmanirbhar (self-reliant) through clean energy and serve as an inspiration for the global Clean Energy Transition. The Mission will lead to significant decarbonization of the economy, reduced dependence on fossil fuel imports, and enable India to assume technology and market leadership in Green Hydrogen.

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    Navin Sreejith

     

    RELATED:

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1954950

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2002034

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  • MIL-OSI Asia-Pac: PM to launch ‘Karmayogi Saptah’ – National Learning Week on 19th October

    Source: Government of India

    PM to launch ‘Karmayogi Saptah’ – National Learning Week on 19th October

    Each Karmayogi to achieve at least 4 hours of competency-linked learning

    Ministries and Departments to organise workshops and seminars to enhance domain-specific competencies

    Posted On: 18 OCT 2024 11:42AM by PIB Delhi

    Prime Minister Shri Narendra Modi will launch the ‘Karmayogi Saptah’ – National Learning Week on 19th October at around 10:30 AM at Dr. Ambedkar International Centre, New Delhi.

    Mission Karmayogi was launched in September 2020 and it has made substantial progress since then. It envisions a future-ready civil service rooted in Indian ethos, with a global perspective.

    The National Learning Week (NLW) will be the largest event of its kind providing fresh impetus towards individual and organisational capacity development for Civil Servants. This initiative will stimulate a renewed commitment to learning and development. NLW aims to create a “One Government” message, align everyone with national goals and promote lifelong learning.

    NLW will be dedicated to learning through various forms of engagement by individual participants and Ministries, Departments, and Organizations. During NLW, each Karmayogi will commit to achieving a target of at least 4 hours of competency-linked learning. The participants may complete the targeted hours through a mix of individual role-based modules on iGOT, webinars (public lectures/policy masterclasses) by eminent persons. During the week, eminent speakers will deliver talks on their areas of prominence and help them work towards citizen-centric delivery in a much more effective manner. During the week, the Ministries, Departments and Organisations will also organise seminars and workshops to enhance domain specific competencies.

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  • MIL-OSI Asia-Pac: ITUWTSA 2024 Champions Gender Equality in Telecommunication Standards with Historic Milestone in Women’s Leadership Participation

    Source: Government of India

    ITUWTSA 2024 Champions Gender Equality in Telecommunication Standards with Historic Milestone in Women’s Leadership Participation

    Witnessed highest ever female participation in the history of ITUWTSA events, marking a significant step toward gender-balanced delegations and leadership roles

    Boosting women’s participation in standards development is not just about numbers—it’s about ensuring that women’s voices are heard, empowering future leaders, and fostering inclusion: Doreen Bogdan-Martin, Secretary General of the ITU

    Posted On: 18 OCT 2024 11:44AM by PIB Delhi

    The ITU-WTSA 24 which is being held in Delhi in collaboration with the Department of Telecommunications (DoT), Government of India, saw a landmark event yesterday, focused on promoting gender diversity in the field of telecommunication standardization. The special event, The Network of Womenin Standards (NoW), led by the Telecommunication Standardization Sector of the International Telecommunication Union (ITU-T), underscored the commitment to advancing women’s leadership roles in STEM and standardisation.This topic is particularly significant for India as the government is implementing various measures to create an inclusive technology sector and empower women through technology platforms, in line with the vision of the Prime Minister, Shri Narendra Modi, who advocates for women-led development. India is making progress in this area, with an increasing number of women co-founders in startups and over 40% of participants in STEM education being women. Initiatives such as Namo Drone Didi, Bank Sakhi, and Mahila E-Haat are empowering women to take on leadership roles in technology.

     

    The Network of Women (NoW) in ITU-T, aligned with WTSA Resolution 55 (Rev. Geneva, 2022), is dedicated to fostering active female participation in standardization activities and ensuring a gender-inclusive approach across all ITU-T processes. This initiative is critical as the global push for digital inclusion accelerates, with women playing a pivotal role in shaping the future of technology.

     

    In her opening remarks, Ms. Doreen Bogdan-Martin, Secretary General of the ITU, emphasized the importance of addressing gender imbalances in the field. She stated, “We can, and we must, increase the number of women in leadership roles, especially in our standards study groups. It’s crucial for women to step up, take the floor, and make their voices heard. This is what the Network of Women stands for—creating an environment where women feel empowered and supported. Mentorship plays a vital role in this transformation. It’s through mentoring, creating opportunities, and sharing our knowledge that we can truly progress. If there is no seat at the table, we must bring our own chair—and bring one more for those who will follow. Let’s continue pushing forward, lifting each other up, and ensuring that the digital future is shaped by all of humanity. Together, we can and will make real progress toward digital inclusion.”

    Dr. Rim Belhassine-Cherif, Chair of NoW, ITU-T, and Chief Innovation and Strategy Officer responsible for Digital Transformation at Tunisie Télécom, highlighted the progress made in achieving gender balance at ITU-WTSA 2024. She noted, “One of the key objectives of ITU-WTSA 2024 was to promote gender-balanced delegations and increase the number of women in leadership roles, particularly as heads of delegations. Through various initiatives such as panel discussions, training sessions, tutorials, and the support of regional preparatory groups, we have achieved the highest-ever participation rate of women in ITU-WTSAhistory.”

    The increasing involvement of women in ICT standardization is crucial as disruptive technologies such as Artificial Intelligence (AI) emerge. Women’s contributions can help ensure the development of inclusive, equitable, and sustainable standards that will drive technological progress for the benefit of all humanity.

    The event featured a dynamic fireside chat, moderated by Doreen Bogdan-Martin, with Dr. Aminata Zerbo/Sabane, Minister of Digital Transition, Posts and Electronic Communications, Burkina Faso, and Neha Satak, Founder & CEO of Astrome. The discussion focused on closing the gender gap in Science, Technology, Engineering, and Mathematics (STEM) and in standardization. Panelists stressed the importance of a supportive environment and early capacity building to encourage more girls to pursue careers in tech.

    Expert panelists examined and discussed the challenges surrounding gender equality in AI and shed light on incentives and opportunities for technical standards to support inclusive AI during panel discussion on “Standards for inclusive AI”.  Also discussed were the ways to explore how standards could help address gender bias and ensure an equitable future. The session was  moderated by Ms Susan Ferguson, UN Women India Representative and panelists were Prof Sandra Maximiano, Chair of the Board, Autoridade Nacional de Comunicações (Portugal’s national regulatory authority for the communications sector), Mr Vishnu Ram, AI expert, Vice Chair of ITU Focus Group on Autonomous Networks, Dr Alessandra Sala, Sr. Director of Artificial Intelligence and Data Science, Shutterstock, Global President of Women in AI, Dr Ebtesam Almazrouei, Founder and CEO of AIE3, Expert AI Executive and Tech Visionary Leader and MsPico Velazquez, founder & CEO at VIIRA, Computational Architect & Multiverse Thought Leader.

    The session also recognised the leading women in ITU Standardisation. Mr. Seizo Onoe, Director, Telecommunication Standardization Bureau and Ms. Madhu Arora, Member, Technology/Digital Communication Commission, Department of Telecommunication, Ministry of Communications, Government of India felicitated Dr. Rim Belhassine-Cherif, Chief Innovation and Strategy Officer, TunisieTélécom, Tunisia; Dr. Hyoung Jun Kim, Vice Chair, NoW, Chair of ITU-T;Ms. Rebecca MukiteNoW in ITU-T Regional Representatives, Africa; Ms. Tania Villa, Federal Institute of Telecommunications (IFT), Mexico; Ms Basma Tawfik, International Organizations Manager National Telecom Regulatory Authority (NTRA), Egypt​; Ms Miho Naganuma, TSAG Vice Chair, Senior Executive professional, NEC Corporation, Japan; Ms Maria Bolshakova, Acting Deputy Director General, Regional Commonwealth in the field of Communications (RCC), Russia; Ms Izabela Iglewska, Minister Advisor, Ministry of Digital Affairs, Poland; Additionally, member states from Cameroon, the Dominican Republic, Ghana and Europe were also felicitated for their high female participation rates in delegations.

     

    ITU-WTSA 2024 continues to drive pivotal conversations on gender equality in telecommunications, addressing both statistical and stereotypical biases, mitigating biases, and promoting active participation of women in the telecom and tech sector.

    WTSA 2024, organized by the International Telecommunication Union (ITU), serves as a platform for the development and implementation of global telecommunications standards, uniting regulators, industry leaders, and policymakers to shape the future of communications worldwide.

     

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  • MIL-OSI Asia-Pac: Revolutionizing Fisheries: Workshop on Drone Technology in Fisheries and Aquaculture to be held tomorrow at Gyan Bhawan in Patna, Bihar

    Source: Government of India (2)

    Revolutionizing Fisheries: Workshop on Drone Technology in Fisheries and Aquaculture to be held tomorrow at Gyan Bhawan in Patna, Bihar

    Bihar Chief Minister Shri Nitish Kumar along with Union Minister, Ministry of Fisheries, Animal Husbandry & Dairying Shri Rajiv Ranjan Singh to grace the occasion

    Posted On: 18 OCT 2024 1:17PM by PIB Delhi

    Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying is organizing a Workshop on Application and Demonstration of Drone Technology in Fisheries and Aquaculture on 19th October 2024 at Gyan Bhawan, Patna, Bihar. The event will be graced by Shri Nitish Kumar, Chief Minister, Bihar along with Shri Rajiv Ranjan Singh, alias Lalan Singh Union Minister, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D) and Ministry  of Panchayat Raj,  Smt. Renu Devi, Minister Animal & Fisheries Resource Department, Bihar, Shri Vijay Kumar Sinha, Deputy Chief Minister, Bihar, Shri Samrat Choudhary, Deputy Chief Minister, Bihar and other esteemed dignitaries. The workshop will bring together scientists, state fisheries officials, fishermen  and fisherwomen on one platform to showcase innovative drone technology for advancing fisheries and aquaculture practices.

    Chief Minister, Bihar, Union Minister of MoFAH&D and other key dignitaries will address the gathering during the inaugural session. Cheques to the beneficiaries of PMMSY and various State schemes along with fish feed and fish seeds will be distributed to the farmers during the event.

    The workshop also features technical sessions on the transformative potential of drone technology in the fisheries sector. ICAR-CIFRI Director along with innovative startups will present and share about their work, on-ground experiences, findings practical applications of drones’ technology and way forward during the event.

    The workshop will conclude with the river ranching program in the Ganga River at Digha Ghat, Patna, led by Shri Rajiv Ranjan Singh. This initiative aims to enhance fish stock in the river and promote ecological balance for sustainable fisheries management.

    This workshop will provide a unique platform to showcase technological advancements emphasizing the transformative role of drone technology in revolutionizing the fisheries sector and unlocking its full potential. As the technology continues to evolve, the Department of Fisheries is committed to embrace these advancements for boosting sustainable fisheries, fostering greater innovation and productivity throughout the entire fisheries value chain.

    Drone Technology is expected to play a crucial role in transportation of fish and fish products by delivering fish and fish products to remote locations by overcoming access barriers and enabling faster delivery.  To further explore the potential of drone technology in the fisheries sector, the Department of Fisheries has allocated a pilot project with an investment of Rs 1.16 Cr to ICAR-CIFRI for developing drone technology for live fish transport.

    Background :

    The fisheries and aquaculture sector, often referred to as the ‘sunrise sector,’ has played a vital role in providing livelihood and employment opportunities to around 3 crore fishers and fish farmers at the primary level, as well as many more along the fisheries value chain. Recognizing the potential for focused development in this sector, the Government of India (GoI) established a dedicated Department of Fisheries (DoF, GoI) in February 2019, followed by the creation of the Ministry for Fisheries, Animal Husbandry, and Dairying (MoFAH&D) in June 2019.

    Since 2015, investments have been stepped up in the fisheries sector to a total of Rs 38,572 crore through initiatives such as the Blue Revolution Scheme, Fisheries and Aquaculture Infrastructure Development Fund (FIDF), Pradhan Mantri Matsya Sampada Yojana (PMMSY), and Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a Central Sector sub-scheme under PMMSY. These initiatives by the GoI have significantly advanced the sector, improving the welfare of fish farmers, as well as marginalized and tribal communities engaged in fisheries.

    Drone technology, with its rapid advancements, has many innovative applications in various sectors for activities such as agriculture, environmental monitoring, and disaster relief. Recognizing its transformative potential, the Department of Fisheries is actively exploring how drones can revolutionize fisheries and aquaculture operations such as enhancing monitoring and surveillance, improving resource & farm management, fish transportation and a wide range of other applications.

    Key activities such as surveillance, stock assessment, environmental monitoring, disease detection, dispensing feed in aquaculture farms, water sampling and precision fishing are promising technological advance. To safeguard the marine ecosystems, drones can help in monitoring water quality, detect pollutants, identifying harmful algal blooms etc. In emergency situations, drones prove invaluable by. To aid disaster response scope of drones extends further, assessing damage to fisheries infrastructure during natural disasters like floods or hurricane, assisting in search and rescue operations, locating missing persons or vessels quickly and efficiently etc. Underwater drones can monitor fish behaviour in their natural habitats that can help in identifying signs of distress such as erratic swimming patterns or surface gulping that can aid in early disease detection. High-resolution drone imagery can detect visible symptoms of diseases, like ulcers or haemorrhages on fish bodies, facilitating timely intervention and management.

     

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  • MIL-OSI Asia-Pac: DIPAM is conducting ‘Special Campaign 4.0’ from 2nd to 31st October, 2024 for institutionalizing Swachhata and minimizing pendency

    Source: Government of India (2)

    Posted On: 18 OCT 2024 1:12PM by PIB Delhi

    Department of Investment and Public Asset Management (DIPAM) is conducting ‘Special Campaign 4.0’ from 2ndto 31stOctober, 2024 for institutionalizing Swachhata and minimizing pendency.

    The targets identified by the Department for disposal of VIP References and Public Grievances have been achieved fully and pendency brought to Zero. Out of 274 physical files identified for review, 62 files have been reviewed and weeded out so far. The remaining files are being reviewed. Apart from this, the disposal of obsolete/ unserviceable items is actively in progress.

    DIPAM has no Attached or Subordinate officers or Autonomous Bodies etc.

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  • MIL-OSI Asia-Pac: Union Minister Dr. S. Jaishankar inaugurates second edition of Art Exhibition ‘Silent Conversation: From Margins to the Centre’ in New Delhi

    Source: Government of India (2)

    Union Minister Dr. S. Jaishankar inaugurates second edition of Art Exhibition ‘Silent Conversation: From Margins to the Centre’ in New Delhi

    Union Minister Sh. Bhupendra Yadav says Coexistence Vital in Addressing Climate Change and Biodiversity Loss

    Exhibition displays the Conservation Wisdom of Tribal Communities

    Posted On: 18 OCT 2024 1:49PM by PIB Delhi

    Union Minister for External Affairs, Dr. S. Jaishankar inaugurated the second edition of the art exhibition “Silent Conversation: From Margins to the Centre” in New Delhi on 17 October, 2024. The four-day exhibition has been organized by the National Tiger Conservation Authority in collaboration with the Sankala Foundation, the National Human Rights Commission and the International Big Cat Alliance .

    While inaugurating the exhibition, Dr. S Jaishankar emphasized that India’s development journey is deeply connected with environmental conservation. He reaffirmed the government’s commitment to the welfare of Scheduled Tribes through various initiatives, highlighting that the Antyodaya scheme is rooted in the principle of uplifting marginalized communities and ensuring that no one is left behind.

    Union Minister Dr. Jaishankar said India had achieved remarkable progress in environmental conservation under the leadership of the Prime Minister, Narendra Modi. He highlighted that the 2022 amendments to the Wildlife Protection Act aim to balance environmental conservation with development needs. He credited the success of the National Tiger Conservation Authority to tribal communities and forest dwellers, whose guardianship has helped forests thrive and who actively combat poaching. He emphasized that policies are most effective when embraced by all citizens, referring to the concept of Janbhagidari

    Union Minister for Environment, Forests, and Climate Change, Shri Bhupendra Yadav, emphasized in the video message, that the spirit of coexistence reflects how communities live in harmony with, protect, and respect nature. He praised this approach, especially as the world faces critical challenges such as climate change, biodiversity loss, and soil desertification.

    On the occasion, a book titled “Hidden Treasures: India’s Heritage in Tiger Reserves” and a magazine called “Big Cats” were also released.

    A cultural program was also organized in the evening, that was attended by Dr. Gajendra Singh Shekhawat, Union Minister for Culture and Tourism.

    Background

    The exhibition aims to recognize the conservation ethos of tribal communities and highlight the symbiotic relationship between these communities and the environment. It seeks to inspire future generations to appreciate this connection and provides tribal artists an opportunity to engage with visitors.

    The exhibition features over 200 paintings and 100 art pieces from 22 tiger reserves across India. Tribal art forms such as Gond, Warli, Pata Chitra, Bhil, and Sohrai are showcased and available for sale, with proceeds directly benefiting the artisans. All artworks are crafted using sustainable materials, reflecting the eco-friendly lifestyle of indigenous communities.

    Of the 49 participating artists, 10 hail from tiger reserves in Madhya Pradesh, with others from Maharashtra, Chhattisgarh, Odisha, Telangana, Rajasthan, Arunachal Pradesh, Jharkhand, and Mizoram.

    According to the 2011 Census, over 1,70,000 villages in India are located near forested areas, and the India State of Forest Report 2021 indicates that more than 300 million people rely on forests for their livelihoods. On the tiger conservation front, India is home to 75% of the global tiger population, with an estimated 3,682 big cats in 55 tiger reserves as of 2023.

    Shri Jitendra Kumar, Director General (Forests) and Special Secretary, Dr Gobind Sagar Bhardwaj, Member Secretary, NTCA and Shri Bharat Lal, Member Secretary, NHRC and senior officers of the ministry were present.

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  • MIL-OSI Asia-Pac: First-ever International Conference of All India Institute of Ayurveda- Advancements of Research & Global Opportunities for Holistic Ayurveda (AROHA-2024) inaugurated today in New Delhi

    Source: Government of India

    First-ever International Conference of All India Institute of Ayurveda- Advancements of Research & Global Opportunities for Holistic Ayurveda (AROHA-2024) inaugurated today in New Delhi

    Truly delighted to see how AIIA has made remarkable progress in just eight years; Rooted in generational family wisdom, Ayurveda offers valuable insights into integrated well-being: Dr. Justice Dhananjaya Yeshwant Chandrachud, Hon’ble Chief Justice of India

    Under the leadership of Prime Minister Shri Narendra Modi, we are strengthening Ayurveda’s global recognition today: Shri Prataprao Jadhav, Hon’ble Minister of State (Independent Charge) for the Ministry of Ayush

    Posted On: 17 OCT 2024 10:00PM by PIB Delhi

    The first-ever International conference of All India Institute of Ayurveda (AIIA)- Advancements of Research & Global Opportunities for Holistic Ayurveda – AROHA-2024 was inaugurated today by Dr. Justice Dhananjaya Yeshwant Chandrachud, Hon’ble Chief Justice of India in the august presence of Shri Prataprao Jadhav, Hon’ble Minister of State (Independent Charge) for the Ministry of Ayush and Health & Family Welfare.

     

    Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush; Dr. Shyama Kuruvilla, Director, Global Traditional Medicine Centre, WHO, Jamnagar, Gujarat was also present on the occasion. Additionally, Lt. Gen. Madhuri Kanitkar, Vice Chancellor, Maharashtra University of Health Sciences (MUHS); Padma Bhushan Prof. Shiv Kumar Sarin, Director, ILBS; and AIIA Director Prof (Dr) Tanuja Nesari also graced the event.

    The three-day International conference – Advancements of Research & Global Opportunities for Holistic Ayurveda – AROHA-2024 is scheduled to be held from today 17th October to 19th October 2024.

     

    Hon’ble Chief Justice of India Dr. Justice Dhananjaya Yeshwant Chandrachud during his inaugural address said “ I am privileged to be a part of AROHA 2024; the day also marks the 8th foundation day of All India Institute of Ayurveda (AIIA). I am truly delighted to see how AIIA has made remarkable progress in just eight years, founded with a mandate to foster research based Ayurveda. The institute focuses on three key pillars tertiary care, research and academics. I am an ardent follower of Ayurveda. Beyond addressing specific ailments, Ayurveda promotes holistic wellness through medicine, nutrition, meditation, yoga and lifestyle balance. Rooted in generational family wisdom, Ayurveda offers valuable insights into integrated well-being. The launch of the Ayush Research Portal marks a significant advancement for Ayurvedic research and education,”

     

    Speaking at this event, the Hon’ble Minister of State (Independent Charge) for the Ministry of Ayush and Minister of Health & Family Welfare, Shri Prataprao Jadhav said “As we gather to explore the vast potential of Ayurveda, I applaud your dedication to integrating traditional wisdom with modern science, which is the need of the hour. This conference represents a significant step forward in our pursuit of holistic healthcare solutions. Under the leadership of Prime Minister Shri Narendra Modi, we are strengthening Ayurveda’s global recognition today. His encouragement has led to Ayurveda being adopted more than any other medical practice. After the Prime Minister’s efforts, Ayurveda’s credibility has also increased, and I am deeply grateful to him for entrusting me with the Ministry of Ayurveda to serve millions. I am fully committed to fulfilling all the aspirations related to the Ministry of Ayurveda under Prime Minister Shri Narendra Modi’s vision.’ The Ministry of Ayush remains committed to promoting and supporting research, innovation, and the integration of Ayurveda into mainstream healthcare.”

    Speaking at the occasion Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush said “The Ministry of Ayush is committed to developing 5 key botanicals of Ayurveda in the next five years. We are developing a benchmark at par with globally accepted traditional medicine for these botanicals. so we have already started working on it, and this is something very new and it is, we are committed to the effort”.

    “We really want to thank the Government of India, Ministry of Ayush, for the extreme generosity, the leadership and the vision to make traditional medicine a global good that can benefit all people in the world. Already, this leadership is having global impact. We have seen the leadership at the G20 at the BRICS and other regional conferences. Note traditional medicine and its contribution for the health and well being of all people. It’s also having a technical impact with the research collaborations, with the advancements of methods and guidelines.” Said Dr. Shyama Kuruvilla, Director, Global Traditional Medicine Centre, WHO, Jamnagar, Gujarat.

    AROHA-2024 will feature both in-person and virtual participation, offering an unparalleled opportunity for participants. The discourse will be centered on the theme- Advancements in Research and Global Opportunities for Holistic Ayurveda” in this global event. The conference agenda covers a wide range of topics, including Ayurveda, ethnomedicine, quality control, standardization, diagnosis, drug delivery, evidence-based understanding, and globalization. It also features an exhibition showcasing stalls from leading brands and institutions, offering insights into herbal products, wellness solutions, Ayurvedic treatments, research innovations, and educational opportunities.

    The conference features three-day workshops and 15 scientific sessions, with over 400 research papers presented. The All India Institute of Ayurveda has a global presence in over 74 countries through academic and scientific collaborations with prominent organizations like the London School of Hygiene and Tropical Medicine, FIGZ Germany, AIST Japan, Western Sydney University Australia, UHN Canada, and national institutions like IGIB, AIIMS, CSIR, IIT, and others.

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  • MIL-OSI Asia-Pac: TRAI releases the Consultation Paper on ‘Regulatory framework for Ground-based Broadcasters’

    Source: Government of India (2)

    Posted On: 18 OCT 2024 2:58PM by PIB Delhi

    Telecom Regulatory Authority of India (TRAI) has today issued the Consultation Paper on ‘Regulatory framework for Ground-based Broadcasters’.

    The Guidelines issued by MIB from time to time for Uplinking and Down linking of Satellite Television channels in India, containing the terms and conditions for TV broadcasting services, make it mandatory for the broadcasters to use satellite medium i.e. uplinking and down linking of television channels through satellite, for providing their channels to the Distribution Platform Operators (DPOs).

    The advancement of technology has made it feasible for the broadcasters to provide their television channels to DPOs terrestrially also i.e. using ground-based technologies. Like traditional TV channels, which are uplinked and downlinked through satellite, the terrestrially transmitted channels may also be carried on multiple DPO networks simultaneously and the DPOs can retransmit them on commercial terms to the subscribers. Therefore, there is a need to have a regulatory framework enabling use of ground-based technologies.

    TRAI had forwarded its recommendations on Regulatory Framework for Platform Services to MIB on 19.11.2014, which included certain recommendations related to ‘Regulatory framework for Ground-based broadcasters’.

    In this regard, vide its letter dated 22.5.2024, MIB has, inter-alia stated that the recommendations in relation to regulation of platform services have been examined and the guidelines for the same have been issued with the approval of the Competent Authority on 30.11.2022. MIB has further mentioned that during the course of the examination of the recommendations of TRAI for the Ground Based Broadcasters in the Ministry, it was felt that the context in which the recommendations were made by TRAI may have changed since the year 2014 and there may be a need to look into the matter afresh. Vide the aforesaid letter, MIB has requested TRAI for fresh review and recommendations on “Regulatory Framework for Ground Based Broadcasters” under Section 11(1)(a) of TRAI Act, 1997.

    Accordingly, the Consultation Paper on ‘Regulatory framework for Ground-based Broadcasters ‘is being released for seeking comments from stakeholders. The consultation paper may be accessed on TRAI’s website, http://www.trai.gov. Written comments on the consultation paper are invited from the stakeholders by 15.11.2024. Counter comments, if any, may be submitted by 29.11.2024. The stakeholders are requested to submit their comments and counter-comments, preferably in electronic form, on the email- IDadvbcs-2@trai.gov.in and jtadv-bcs@trai.gov.in.

    For any clarification/information, Shri Deepak Sharma, Advisor (B&CS) may be contacted at Tel. No.: +91-11-20907774.

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  • MIL-OSI Asia-Pac: Ministry of Rural Development signs MoU with ten banks to promote individual financing for higher order enterprises

    Source: Government of India (2)

    Posted On: 18 OCT 2024 3:05PM by PIB Delhi

    Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY NRLM) under Ministry of Rural Development signed Memorandum of Understanding with nine Public Sector Banks and one Private Bank. These Banks are Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab National Bank, UCO Bank and IDBI Bank Limited.

    These Banks have designed specific products for financing individual women entrepreneurs under the fold of DAY-NRLM. The loan products so designed will help women avail bigger ticket size loans for scaling up their enterprises. This move is in lines with the realisation of goal of making Lakhpati Didi, as announced by the Prime Minister Shri Narendra Modi.

    Secretary, Rural Development Shri Shailesh Kumar Singh advised Banks to leverage this opportunity to fund women SHG members with improved assets to start their economic activities in rural areas. This initiative will go a long way in providing employment in the rural areas and a number of women SHG members will be benefitted. 

    Additional Secretary, Rural Development Shri Charanjit Singh said that banks to make their branch officials aware about the specific products designed by them so that the rural women do not face difficulty  in getting finance at the branch level.

    DAY NRLM has witnessed SHG Bank linkage grow leaps and bounds as the programme evolved. More than Rs. 9.5 crore loans have been extended by Banks to the self-help groups since the start of the Mission. The move of extending individual loans is a strategic shift in the programme indicating how women have graduated from small enterprises and are aspiring to scale up higher order enterprises.

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  • MIL-OSI Asia-Pac: Govt to provide full support to the private sector in taking lead in the field of defence & making India an innovation & technology hub: Raksha Mantri

    Source: Government of India (2)

    Govt to provide full support to the private sector in taking lead in the field of defence & making India an innovation & technology hub: Raksha Mantri

    Shri Rajnath Singh launches ‘Dare to Dream 5.0’ for innovators to come forward with transformative ideas for defence applications

    Deep-Tech challenges unveiled to drive major advancements in areas critical to defence infrastructure

    “Need to achieve advancements in both incremental and disruptive tech through out-of-the-box thinking & latest innovations”

    Cutting-edge indigenous technologies developed under TDF scheme handed over to users

    Posted On: 18 OCT 2024 3:00PM by PIB Delhi

    Raksha Mantri Shri Rajnath Singh has called upon the private sector to move forward from ‘participation’ to ‘taking lead’ in the defence sector, assuring the Government’s full support to make India an innovation & technology hub and one of the strongest countries in the world. He was addressing scientists, industry leaders, academia, start-ups, MSMEs and young entrepreneurs during Twaral, a DRDO-Industry Workshop on Defence Technology Acceleration organised at DRDO Bhawan in New Delhi on October 18, 2024.

    Sharing insights on the transformation of the defence sector in the recent past, Raksha Mantri stated that, today, technology has transformed conventional warfare into unconventional warfare. “New dimensions have been added to modern-day warfare such as drones, cyber warfare, bio-weapons and space defence. In this transformative phase, R&D in defence will definitely make the defence sector stronger. It is heartening to witness our scientists, industrialists, academia, start-ups, MSMEs and young entrepreneurs working together in this endeavour. It is time for the private sector to take lead as it has the ability to absorb rapid changes and create new innovations,” he said.

    Shri Rajnath Singh termed the adoption of unconventional ideas, not yet known to the world, as the only way to progress in unconventional warfare. Acknowledging it as a tough task, he stated that the Government, led by Prime Minister Shri Narendra Modi, will continue providing all necessary support to the youth, scientists, industrialists and MSMEs in this endeavour.

    Raksha Mantri reiterated the Government’s commitment to make the defence sector more innovative and technology-oriented. Highlighting the consistent efforts being made by DRDO to strengthen the R&D environment and promote scientific temperament, he said: “Technology Development Fund (TDF) scheme is providing up to 90% of the total project cost as grant support to eligible industries. The total support is up to Rs 50 crore, a good amount for any MSME and start-up to invest in defence R&D. Since its launch six years ago, 79 projects have been sanctioned, of which, technology has successfully been developed in 18 projects.”

    As part of the event, Shri Rajnath Singh launched ‘Dare to Dream 5.0’ to encourage next generation of innovators & start-ups to come forward with transformative ideas for defence applications. The fifth edition of DRDO’s innovation contest aims to generate cutting-edge solutions for India to progress further in its pursuit to achieve ‘Aatmanirbharta’ in defence technologies.

    Raksha Mantri also felicitated the winners of ‘Dare to Dream 4.0’, recognising individual innovators, start-ups and MSMEs for disruptive solutions and innovations in the fields of countermeasures for drones and swarm of drones; advanced acoustic system to locate gunfire, directed energy technologies, cognitive listening device, target seeking & proximity sensing, free-space laser communication system, multi-terrain multi-utility robot among others.

    Shri Rajnath Singh described the challenges as a testament to the commitment of the industrial ecosystem of the country to protect the future of the defence sector. “Like our brave soldiers, scientists, industry leaders, academia, start-ups, MSMEs and entrepreneurs too are the warriors of the country, prepared to complete every assigned task,” he said.

    Raksha Mantri laid emphasis on the need to achieve advancements in both incremental and disruptive technologies within the defence sector. The solutions to challenges obtained through initiatives such as ‘Dare to Dream’ bridge the critical gap between the two types of technologies, he said. He called upon the scientists, start-ups & young entrepreneurs to think out-of-the-box and come out with latest innovations as if it were their habit to accept & overcome challenges.

    Shri Rajnath Singh exhorted the private sector to move in line with the unprecedented speed with which the technological changes are taking place across the globe. He urged them to ensure, through timely assessment, that a technology does not become outdated when it is rolled out. He also called for development of projects, under TDF, based on cutting edge tech, and devising a system of comprehensive scan within the scheme to avoid duplication of technologies.

    Deep-Tech Challenges

                Several challenges on Disruptive, Emerging, Enabling and Pioneering Technologies (Deep-Tech) were also launched to drive major advancements in areas critical to the country’s defence infrastructure. The focus on Deep-Tech emphasises the need for India to develop and harness breakthrough technologies to stay at the forefront of defence innovation. The challenges are:

    • Compact Electromechanical Actuators;
    • Development of indigenous thrusters for Yard Craft (Indian Navy);
    • Development of High Purity Silicon Carbide source powder for the bulk growth of SiC single crystal;
    • Deep-Tech for HPM Counter Measures and Protection;
    • Development of a Digital Twin Framework for Aero Gas Turbine Engine Health & Usage Monitoring.

    Tech handed over to end-users

    Several cutting-edge indigenous technologies developed under the TDF scheme were also handed over to the users, including DRDO and Armed Forces, in the presence of Shri Rajnath Singh. These innovations, created by startups and MSMEs with DRDO, mark a significant step in the country’s journey towards self-reliance, enhancing national security. The technologies are:

    • Autonomous Drone as first responder for search and report mission in enclosed/indoor environment by NewSpace Research and Technology Pvt Ltd.  to CAIR, DRDO.
    • Simulator for Unmanned Ground, Marine (Sea Surface and Underwater) and Aerial Vehicles by Combat Robotics India Pvt Ltd to CAIR, DRDO.
    • Data Assessment Active Learning and Believability for Visual Data to CAIR, DRDO & Aero Gas Turbine Engine Health Monitoring System by Chistats Labs Pvt Ltd to GTRE, DRDO.
    • Design and Development of Water Tight/Gas Tight and Fire Class EMI/EMC compliant doors and hatches for Naval Ships by Valdel Advanced Technologies Pvt Ltd. to Indian Navy.
    • Fuel System Temperature Transducer for Aircraft Application by Tejase Aeroscience Private Ltd Mumbai to ADA.

    Twaral

    The DRDO-Industry Workshop on Defence Technology Acceleration brought together all the stakeholders of the innovation ecosystem to explore strategies for expediting the development of critical defence technologies. The discussions were centered on bridging the gap between research efforts and real-world application, with a strong focus on collaboration across sectors. Setting the foundation for future innovations, the workshop underscored the critical role of DeepTech (R&D) in advancing national security capabilities.

    The Amended Standard Operating Procedures for TDF, aimed at simplifying the process for start-ups and MSMEs to collaborate with DRDO, was also released. These updated procedures are designed to foster a more transparent and streamlined approach for innovators, enabling easier access to opportunities for contributing to national defense projects.

    Two in-depth panel discussions were also held. The first, on Critical and Emerging Tech Collaboration, explored the potential for international R&D partnerships and the sharing of Intellectual Property in military technology. The second discussion addressed the theme of self-reliance in defence technology and manufacturing, focusing on the need for innovation and strong R&D to build a sustainable and robust domestic ecosystem.

    Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat praised the winners of ‘Dare to Dream 4.0’, emphasising the importance of fostering homegrown talent in building a stronger and self-reliant defence sector. The winners’ contributions serve as a testament to India’s burgeoning innovation ecosystem, he said.

    Secretary (Defence Production) Shri Sanjeev Kumar, Chief of Integrated Defence Staff Lt Gen JP Mathew and other senior civil & military officials of Ministry of Defence were present on the occasion.

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  • MIL-OSI Asia-Pac: National Conclave on Women-led Entrepreneurship organises by the Ministry of Rural Development

    Source: Government of India (2)

    Posted On: 18 OCT 2024 3:07PM by PIB Delhi

    Deendayal Antyodaya Yojana-National Rural Livelihood Mission under Ministry of Rural Development organised a National Conclave on Women led Entrepreneurship yesterday in New Delhi. Secretary, Rural Development Shri Shailesh Kumar Singh presented awards to the Banks. Additional Secretary, Rural Development Shri Charanjit Singh exchanged MoU with Banks. Joint Secretary, Ms. Smriti Sharan and other officers were also present in the conclave. The conclave was organised to give a push to women entrepreneurship by engaging Banks for extending loans for individual women entrepreneurs.

    Twenty banks were facilitated for their outstanding performance in SHG Bank linkage for the financial year 2023-24. Online integration with Jansamarth portal for SHG was launched during the conclave. Financial Literacy initiative with the support of Reserve Bank of India under the Depositors’ Education and Awareness Fund was also commenced

    Shri Shailesh Kumar Singh, Secretary, Rural Development presenting awards to the Banks

    Shri Shailesh Kumar Singh said that women show high degree of empathy, ownership, commitment, honesty, transparency and invest substantial time and energy to implement an intervention of their interest. Banks have a crucial role to play in advancement of women led enterprises.

    Shri Charanjit Singh advised Banks to make their branch officials aware about the specific products designed by them, so that the rural women do not face difficulty in getting finance at the branch level.

     

    Shri Charanjit Singh, Additional Secretary, Rural Development exchanging MoU with Banks.

    Ms. Smriti Sharan said that there is a need to create and nurture an ecosystem which instils confidence among women to pursue entrepreneurship. She urged all stakeholders including Banks, Regulator and other partners present to create a platform for these women entrepreneurs to address the challenges faced by them.

    The conclave witnessed a vibrant panel discussion on “Pathways from Financial Inclusion to Economic Prosperity- Vikshit Bharat@2047”. Esteemed panelists from Banks, IIM Kolkata, Fintech, State Rural Livelihoods Mission and IFMR (a research organisation) deliberated on ways to conceptualise a framework for creating an enabling ecosystem for nurturing women led enterprises in the rural areas. Active deliberations were made on demand side and supply side issues and the possible ways to bridge the gaps.

    DAY NRLM has made substantial strides in the area of financial inclusion. The conclave emphasised on the need to make a shift from group lending to individual lending in order to meet the aspirations of women entrepreneurs and helping them upscale their enterprises. In order to realise the vision of Prime Minister on creation of 3 crore lakhpati didis, Bank financing has a significant role.

    The conclave had participation from Reserve Bank of India, NABARD, Public Sector Banks, Private Banks, Regional Rural Banks, State Co-operative Banks, State Rural Livelihood Missions, various Ministries/Departments of Government of India and CSO partners.

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  • MIL-OSI Asia-Pac: Novel Insights into Electron Scattering in Semiconductors Creates Potential for more Efficient Electronic Devices

    Source: Government of India (2)

    Posted On: 18 OCT 2024 3:12PM by PIB Delhi

    In a significant advancement for the semiconductor industry, researchers have unveiled novel insights into the mechanisms that limit electron mobility in semiconductors. The study which represents a major leap forward in understanding the electronic properties of semiconductors, holds promise for developing more efficient electronic devices.

    Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and space technologies. The search for new semiconductor materials has intensified as the demand for faster, more efficient, and more reliable electronic devices continues to grow. Scandium Nitride (ScN), a rocksalt semiconductor, has emerged as a promising candidate for next-generation electronics due to its high thermal stability, robustness, and electronic properties. However, despite its potential, the practical application of ScN in electronic devices has been hindered due to its relatively lower electron mobility. This key factor influences the speed and efficiency of semiconductor devices and researchers had been curious to unravel why the mobility of the electrons are limited.

    Scientists from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bangalore, an autonomous institute under the Department of Science and Technology (DST) explored the factors that limit electron mobility in ScN. Their research spearheaded by Associate Professor Bivas Saha focused on identifying and analysing the dominant scattering mechanisms that impeded the flow of electrons and reduced their mobility. Through a combination of theoretical analysis and experimental validation, the researchers were able to pinpoint the specific scattering mechanisms at play. Their results showed that though interactions between electrons and longitudinal optical phonon modes, often described as the Fröhlich interactions set an intrinsic upper bound for ScN’s electron mobility, ionized-impurity and grain-boundary scatterings significantly reduced mobility. Therefore, depositing single-crystalline ScN that are devoid of impurities and defects is expected to increase its mobility significantly.

    “The findings from this study have far-reaching implications for the global semiconductor industry. As manufacturers seek to push the boundaries of electronic device performance, the insights provided by our research could lead to significant advancements in the design and fabrication of ScN-based components,” said Prof. Bivas Saha.  “By addressing the identified scattering mechanisms, it may be possible to engineer ScN materials with improved electron mobility, making them more suitable for a wide range of high-performance applications. These could include thermoelectricity, neuromorphic computing, high mobility electron transistor, and Schottky diode devices,” Sourav Rudra, the lead author of this study pointed out.

    As the semiconductor industry continues to evolve, the findings from this study are expected to serve as a foundation for future research into scandium nitride and other semiconductors. Moreover, JNCASR’s work in the field of semiconductor materials is poised to have a lasting impact on the development of future technologies, contributing to India’s vision of becoming a global leader in science and innovation. Apart from JNCASR, Prof. Samuel Poncé, a researcher from the Université catholique de Louvain, Belgium also participated in this study.

    The research findings have been published in the journal Nano Letters under the title “Dominant Scattering Mechanisms in Limiting the Electron Mobility of Scandium Nitride.”

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  • MIL-OSI Asia-Pac: NIF organizes Outreach activity for 10th edition of the India International Science Festival (IISF) in Amarapur, Gujarat

    Source: Government of India (2)

    Posted On: 18 OCT 2024 3:09PM by PIB Delhi

    The National Innovation Foundation (NIF) – India, an autonomous Institution of the Department of Science and Technology (DST), Government of India organized an India International Science Festival (IISF) outreach event in Amarapur, Gandhinagar on October 17, 2024. Nearly 500 students of varying age groups (14-18 years) participated in this outreach program.

    The IISF celebrates the country’s scientific achievements every year and creates opportunities for collaboration and innovation. A series of outreach activities of the 10th edition of the India International Science Festival (IISF) across the country are being scheduled by Public Institutions.

    The 10th Edition of IISF will bring together scientists, industry leaders, students, and the public to explore the transformative power of science. The event will fuel discussions that will shape India’s future as a global leader in science and technology.

    The students who participated in the outreach programme were made aware of the genesis of IISF, its journey since the year 2015, the various accomplishments on its way and details of the upcoming IISF 2024.

    Speaking on the occasion, Dr Arvind C Ranade, Director, NIF, exhorted the students to explore various resources related to IISF like the web portal (www.iisf2024.in), news articles in print, electronic and social media and gain familiarity with its various programs which are being organized.

    He further elaborated about the Mission of IISF 2024– A Prosperous Bharat in Harmony with Modern Infrastructure and Nature, Giving Opportunities for All Citizens of All Regions to Reach Their Potential through Science and Technology. The idea and underlying rationale towards Transforming India into a Science and Technology driven global manufacturing hub was touched upon as well.

    He encouraged students to reach out to NIF for their queries and facilitation of participation in programs like Student Science Village and requested media to help in disseminating the message.

    Dr. Madhvi Joshi, Joint Director, Gujarat Biotechnology Research Centre (GBRC), Department of Science and Technology (DST), Government of Gujarat (GoG) also urged the students to actively take part in the upcoming IISF. Shri Jignesh Borisagar, Prant Secretary, VIBHA and Shri Amrutbhai Patel, Director – Trustee, Grambharti Sanstha were also present on this occasion.

    An exhibition demonstrating NIF’s latest innovations was also organized on the occasion.

     

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  • MIL-OSI Asia-Pac: CHP announces one new confirmed melioidosis infection case

    Source: Hong Kong Government special administrative region

         The Centre for Health Protection (CHP) of the Department of Health today (October 18) said that one new confirmed melioidosis infection case had been recorded from October 10 to 17.

         The case involves a 59-year-old female with underlying illness who lives in Sham Shui Po. She developed a fever and abdominal pain on October 5 and was admitted to Caritas Medical Centre on October 7. She is in stable condition. Her clinical sample was confirmed positive for Burkholderia pseudomallei upon testing.

         The CHP is investigating the infection source of the case. Epidemiological investigations are ongoing. So far, 19 melioidosis infection cases have been recorded in Hong Kong this year. In 2023, 17 melioidosis infection cases were recorded.

         A spokesman for the CHP reiterated that person-to-person transmission and animal-to-human transmission are rare, but melioidosis bacteria can survive in the local environment. Melioidosis is an endemic disease in Hong Kong and melioidosis cases have been recorded in Hong Kong each year. According to literature, infection cases are more common after typhoons or storms. The bacterium Burkholderia pseudomallei of melioidosis in soil and muddy water may become exposed to the ground after typhoons or storms, and the bacteria could spread more easily with strong winds or storms. As such, the number of melioidosis cases may increase.

         The CHP reminded members of the public that melioidosis can be spread by contaminated soil and water during and after typhoons and storms. Where practicable, people should stay indoors during typhoons and storms, avoid travelling to areas with potential flooding, and do not wade in or have contact with muddy water and soil. In addition, high-risk individuals should avoid paths near stormwater drains where aerosols may be generated from contaminated water.

         Members of the public should also take the following preventive measures against infection:
     

    Avoid contact with contaminated soil;
    Wear appropriate protective clothing or footwear when participating in activities with possible contact with soil or water, e.g. using gloves and wearing boots. High-risk individuals may also consider wearing a surgical mask;
    Wash or shower after exposure to contaminated water or soil;
    Always clean any wounds as soon as possible and cover any cuts or grazes with waterproof dressings;
    Wash hands with liquid soap and water after handling soil or gardening;
    Observe food hygiene and avoid drinking raw water; and
    Travellers can contract the disease through outdoor water sports. Risk of infection can be minimised by avoiding exposure to water sources (such as rivers, ponds or lakes) that might be contaminated.

         â€‹The CHP appealed to members of the public to seek medical advice if they develop symptoms, in particular people with diabetes or other immunocompromised conditions, in order to receive an appropriate medical diagnosis and treatment. For more information on melioidosis, please visit the website of the CHP at www.chp.gov.hk/en/healthtopics/content/24/101110.html.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Batch recall of two products of Apo-Amitriptyline tablets due to presence of impurity (with photos)

    Source: Hong Kong Government special administrative region

    Batch recall of two products of Apo-Amitriptyline tablets due to presence of impurity (with photos)
    Batch recall of two products of Apo-Amitriptyline tablets due to presence of impurity (with photos)
    ******************************************************************************************

         The Department of Health (DH) today (October 18) endorsed a licensed drug wholesaler, Hind Wing Co Ltd, to recall a total of 14 batches of the following two products from the market as a precautionary measure due to the presence of impurity in the products.  

    Name of product
    Hong Kong registration number
    Batch number

    Apo-Amitriptyline Tablets 10mg
    HK-09273
    RN6384

    RR0266

    RV1644

    RW8597

    TA6008

    TF8585

    TF8587

    TF8589

    Apo-Amitriptyline Tablets 25mg
    HK-09274
    RM8130

    RR0781

    RV1656

    RW8691

    TA6062

    TF8602

         The DH received notification from Hind Wing that the overseas manufacturer of the products is recalling the above batches of Apo-amitriptyline tablets as they exceed or may exceed the accepted level of an impurity, N-Nitrosonortriptyline (NNORT). NNORT is classified as a probable human carcinogen based on results from laboratory tests. As a precautionary measure, Hind Wing is voluntarily recalling the affected batches of products from the market.     The above products, containing amitriptyline, are prescription medicines used for the treatment of depression. According to Hind Wing, the above batches of products had been imported into Hong Kong. The affected batches of products had been supplied to the DH clinics, pharmacies, private doctors, and private hospitals, and re-exported to Macao.     Hind Wing has set up a hotline (2541 5731) to answer related enquiries.     “So far, the DH has not received any adverse reaction reports in connection with the products. The DH will closely monitor the recall,” a spokesman for the DH said.     “Patients who are taking the above products should not stop taking the medicine, but should seek advice from their healthcare professionals as soon as possible for appropriate arrangements,” the spokesman added.

     
    Ends/Friday, October 18, 2024Issued at HKT 19:30

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  • MIL-OSI Europe: Fighting fraud together

    Source: European Anti-Fraud Offfice

    Press release no 18/2024
    PDF version

    The European Anti-Fraud Office (OLAF) hosted the joint conference of the national Anti-Fraud Coordination Services (AFCOS) from the EU Member States and their counterparts in candidate countries and potential candidate. Around 100 representatives met in Brussels on 15 – 16 October 2024 to exchange best practices, learn about the latest anti-fraud investigative techniques and work towards stronger cooperation.

    OLAF and the AFCOS work together towards the same objectives of protecting the financial interests of the EU and ensuring that citizens can fully benefit from the opportunities provided by EU funds, in Europe and beyond. 

    OLAF Director-General Ville Itälä stressed the importance of a strong and effective cooperation for the success of all partners in the anti-fraud architecture. “It remains crucial that we work together like never before to protect the financial interests of the EU. Fraudsters use new technologies without any legislative or ethical limitations, they do not respect borders and their criminal activities exploit any loopholes they discover in multiple jurisdictions. That is why we, in the anti-fraud community, need to make sure that we have procedures in place to respond quickly, collectively and as efficiently as possible.” 

    The conference, which focussed on the theme of ‘Fighting fraud together’, offered participants valuable insights into the legal and operational framework that OLAF operates in. The programme addressed the shift in perspective and design needed to fight fraud in performance-based financial instruments, such as the Recovery and Resilience Fund (RRF) and the Ukraine facility. These new instruments represent huge amounts of funds and require innovative approaches to financial controls and investigations. Nothing proves the abuse of EU funds more tangibly than bank accounts transfers. This is why the recently acquired power of OLAF to access banking data in Member States and cooperating countries is so important and has already led to success stories on how to follow the movement of money across borders.  

    The discussion on Artificial Intelligence illustrated concrete examples where the use of AI to generate profiles for monitoring purposes, support language processing and machine learning played a key role in complex, transnational investigations. Fraudsters use AI recklessly, free from any legislative or ethical limitations, and it is the role of anti-fraud actors to think out of the box and develop joint, fast and creative countermeasures in a challenging regulatory environment.

    The conference highlighted the central role that AFCOS play in key areas such as the recovery of funds, thanks to their specific insight on debtors located in their territories. Discussions on the PIF report and its new features and the need of Irregularity Management System (IMS) reporting to fully exploit the potential of data mining and risk scoring, also emphasised the added value that AFCOS bring in the wider fight against fraud. 

    During the two days, participants from Member States, as well as candidate countries and potential candidate had the unique opportunity to reflect and report on their experiences within the EU anti-fraud community, for example on investigations into double funding and conflict of interest or practical difficulties with the confidentiality of data. From this perspective, the conference confirmed once again that OLAF is stronger when it works with others and that much of the success of the fight against fraud depends on a sustained, strong and efficient cooperation with AFCOS.

    Background

    EU Member States are required to designate an anti-fraud coordination service (AFCOS) in accordance with Article 12a of Regulation 883/2013 to facilitate effective cooperation and exchange of information, including information of an operational nature, with OLAF.

    Member States are autonomous in deciding where to best place the AFCOS within their national administrative structure. The placement of AFCOS should provide for its visibility and importance in relation to other relevant authorities in the field of protection of the EU’s financial interests. Some Member States placed their AFCOS either within the Ministry of Finance or the Ministry of Interior; others established it as an independent Government’s service.

    More information is available on OLAF’s website.

    OLAF mission, mandate and competences:
    OLAF’s mission is to detect, investigate and stop fraud with EU funds.    

    OLAF fulfils its mission by:
    •    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
    •    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
    •    developing a sound EU anti-fraud policy.

    In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
    •    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
    •    some areas of EU revenue, mainly customs duties;
    •    suspicions of serious misconduct by EU staff and members of the EU institutions.

    Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

    For further details:

    Pierluigi CATERINO
    Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32(0)2 29-52335  
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    X: @EUAntiFraud
    LinkedIn: European Anti-Fraud Office (OLAF)

    Theresa ZAHRA
    Deputy Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32 (0)2 29-57270   
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    X: @EUAntiFraud
    LinkedIn: European Anti-Fraud Office (OLAF)

    If you’re a journalist and you wish to receive our press releases in your inbox, pleaseleave us your contact data.

    MIL OSI Europe News

  • MIL-OSI Video: UK UK Parliament Week 2024

    Source: United Kingdom UK Parliament (video statements)

    Today marks one month until the start of UK Parliament Week

    This year’s theme, “The Journey of a Parliament,” will take you through from State Opening to a General Election.

    There’s still time to sign up for your free digital kit, which contains resources and activities suitable for all ages, including a tailored booklet, card game, pop-up ballot box, and decorations.

    Visit http://www.ukparliamentweek.org to sign up and explore an array of free resources. Don’t miss out on this fantastic opportunity to learn more about how your democracy works.

    #UKPW2024

    https://www.youtube.com/watch?v=KQTen3RG4-0

    MIL OSI Video

  • MIL-OSI NGOs: Mozambique: Stop shooting at peaceful political rallies amid disputed election results 

    Source: Amnesty International –

    Responding to reports that police in Mozambique’s Nampula city fired at and detained supporters of opposition presidential candidate Venâncio Mondlane at a rally following disputed national elections, Amnesty International’s Deputy Regional Director for East and Southern Africa, Khanyo Farise, said: 

    “Regardless of who wins the election, Mozambican police must respect people’s right to peaceful assembly. Shooting live bullets at a peaceful political rally and arbitrarily detaining opposition supporters is a gross violation of both Mozambican and international human rights law. 

    Shooting live bullets at a peaceful political rally and arbitrarily detaining opposition supporters is a gross violation of both Mozambican and international human rights law.

    Khanyo Farise, Amnesty International Deputy Regional Director for East and Southern Africa

    “If people of any political views continue to hold peaceful rallies during and after the vote counting, police must uphold their obligation to ensure the safety of all those present.” 

    MIL OSI NGO

  • MIL-OSI United Kingdom: Coming up next week at the London Assembly W/C 21 October

    Source: Mayor of London

    PUBLIC MEETINGS
      
    Tuesday 22 October
     
    Challenges for the Mayor’s 2025-26 budget

    Budget and Performance Committee – Chamber, City Hall, Kamal Chunchie Way, 10am
     
    The Mayor of London is responsible for a total budget of £20.7 billion, but what should his priorities be for 2025-26?
     
    The London Assembly Budget and Performance Committee will hear from a panel of external experts on the effectiveness of the Mayor’s current budget priorities, and also to discuss and anticipate future financial trends and challenges ahead of next year’s budget.  Guests include:
     
    Panel 1 – TfL Funding (10am – 11.15am)

    • Stuart Hoggan, Associate Consultant, LG Futures
    • Antonia Jennings, CEO, Centre for London
    • Tom Pope, Deputy Chief Economist, Institute for Government
    • Tony Travers, London School of Economics Department of Government and Director of LSE London
    • Luke Hillian, Strategic Finance Analyst, London Councils
    • Michael Roberts, CEO, London TravelWatch

    Panel 2 – Affordable Housing Delivery (11.15am – 12.10pm)

    • Stephanie Pollitt, Programme Director (Housing), BusinessLDN
    • Stuart Hoggan, Associate Consultant, LG Futures
    • Antonia Jennings, CEO, Centre for London
    • Tom Pope, Deputy Chief Economist, Institute for Government
    • Tony Travers, LSE Department of Government and Director of LSE London
    • Luke Hillan, Strategic Finance Analyst, London Councils

    Panel 3 – London Police and Crime Plan and the New Met for London Programme (12.10pm – 1pm)

    • Rick Muir, Director, Police Foundation
    • Ian Wiggett, Associate Director, World Policing Advisory

    MEDIA CONTACT: Tony Smyth on 07763 251727 / [email protected] 
     
    Wednesday 23 October

    Q&A with MOPAC & Deputy Mayor for Policing nominee

    Police and Crime Committee – Chamber, City Hall, Kamal Chunchie Way, 10am
     
    The London Assembly is expected to hold a confirmation hearing to assess the Mayor’s proposed appointment to the office of Deputy Mayor for Policing and Crime, Kaya Comer-Schwartz, and make a recommendation to the Mayor as to whether it agrees or rejects the proposed appointment.
     
    In addition to the proposed confirmation hearing, the Committee will begin the meeting with a Q&A session with the Mayor’s Office for Policing and Crime (MOPAC), focusing on recent issues including Notting Hill Carnival and officer confidence.
     
    Guests for the Q&A session (10am – 11.30am) are:

    • Darren Mepham, Interim Chief Executive Officer, MOPAC
    • Kenny Bowie, Head of Strategy and MPS Oversight, MOPAC

    MEDIA CONTACT: Tony Smyth on 07763 251727 / [email protected]
     
    Wednesday 23 October
     
    London’s NYE Fireworks event

    GLA Oversight Committee – Chamber, City Hall, Kamal Chunchie Way, 2pm
     
    London’s New Years Eve (NYE) fireworks event is the largest annual fireworks display in Europe. It is enjoyed by up to 100,000 ticketed spectators at the event, and millions more nationally and internationally through its broadcast.
      
    The final cost for the 2023 event was £4.1m. The GLA Oversight Committee will scrutinise the organisation of London’s NYE fireworks event for the first time.  The guests are:

    • Nicole Valentinuzzi, Assistant Director, External Relations, GLA
    • David Holley, Head of Events for London, GLA
    • Phil Grucci, President/CEO of Fireworks by Grucci, Inc.

    MEDIA CONTACT: Alison Bell on 07887 832 918 / [email protected] 
     
    Thursday 24 October
     
    Culture in the LFB
    Fire Committee – Chamber, City Hall, Kamal Chunchie Way, 2pm
     
    The Fire Committee holds the first meeting of its investigation looking at the progress the London Fire Brigade has made, two years on from a review which identified institutional misogyny, racism and issues in handling mental health. The Committee will be hearing about complex culture change programmes in other organisations. Guests include:
      
    Panel 1: Organisational and cultural change

    • Ann-Marie Barlow – Director, Energise Development
    • Suzanne McCarthy – Independent Chair, Fire Standards Board
    • Dr Jessica White, Acting Director of Terrorism and Conflict Studies, Royal United Services Institute
    • Dr Rowena Hill MBE, Professor of Resilience, Emergencies and Disaster Science, Nottingham Trent University

    Panel 2: Experience of firefighters

    • Paula Lyons, Company Secretary, Women in the Fire Service
    • Anna Snelson, LFB Women in the Fire Service
    • Gareth Cooke, London Regional Organiser, Fire Brigades Union
    • Adam Shaw, London Regional Treasurer, Fire Brigades Union
    • Deborah Riviere Williams, Chair, Unison

    MEDIA CONTACT: Josh Hunt on 07763 252310 / [email protected]
     
    Thursday 24 October
     
    Accessibility and Inclusion in Transport

    Transport Committee – Chamber, City Hall, Kamal Chunchie Way, 2pm
     
    In the second meeting of its Accessibility and Inclusion in Transport Planning investigation, the Transport Committee looks at demographic trends in people using services, barriers to use and inclusivity in planning, and Transport for London’s (TFL) engagement with its advisory groups.
    Members will ask what more, or alternative, accessibility and inclusion measures TfL could consider to improve its services.
    Guests include:

    Panel 1:

    • Emily Barker, Research and Learning Officer, 4in10
    • Gideon Salutin, Senior Researcher, Social Market Foundation
    • Dr Liz Hind, Senior Local Partnerships and Training Officer, Women’s Budget Group
    • Dr Sara Reis, Deputy Director and Head of Research and Policy, Women’s Budget Group

    Panel 2: 

    • James Lee, City Bridge Foundation, TfL’s Independent Disability Advisory Group Board Member
    • Arif Hoque, TfL’s Youth Panel Member

    MEDIA CONTACT: Josh Hunt on 07763 252310 / [email protected]

    MIL OSI United Kingdom

  • MIL-OSI Economics: RBI imposes monetary penalty on Andhra Pragathi Grameena Bank, Andhra Pradesh

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated October 10, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Andhra Pragathi Grameena Bank, Andhra Pradesh (the bank) for non-compliance with certain directions issued by RBI on ‘Strengthening of Prudential Norms- Provisioning Asset Classification and Exposure Limit’ read with ‘Income Recognition, Asset Classification and Provisioning Norms-Guidelines (IRAC norms)’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by NABARD with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.

    After considering the bank’s reply to the notice and oral submissions made by it during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty.

    The bank had not classified certain loan accounts as non-performing assets in accordance with the IRAC norms.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1335

    MIL OSI Economics

  • MIL-OSI: Solar Alliance announces the appointment of new CEO to lead company through next stage of growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and KNOXVILLE, Tenn., Oct. 18, 2024 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces the resignation of Michael Clark as CEO, President and Director, and the appointment of Brian Timmons as President and CEO, both effective October 18, 2024. Mr. Clark is leaving Solar Alliance to pursue other opportunities and will assist the Company to ensure a seamless transition.

    Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking, healthcare technology, bioscience, alternative energy and resource companies, telecoms and software IT. A number of these were entrepreneurial, early stage companies, in which he led the process of raising significant levels of finance to fund ambitious growth targets. Mr. Timmons has been the Chairman of the Solar Alliance Board of Directors since February, 2022 and has been integral to the Company’s recent growth and large project execution strategy.

    “On behalf of the Board, I want to express our gratitude to Mr. Clark for his outstanding leadership and resilience during his time as President and CEO. Under his guidance, Solar Alliance has evolved into a leading commercial solar provider in the U.S. Southeast, experiencing revenue growth and achieving profitability for the first half of 2024. I look forward to growing Solar Alliance and building on the work he has done to date. The prospects for continued growth remain high and I am determined to accelerate that growth for the benefit of our customers, shareholders, and the planet,” said Chairman Brian Timmons.

    “It has been an honour to work alongside a great team,” said Mr. Clark. “The appointment of Mr. Timmons as CEO brings significant financial and operational experience to the team. He has been integral to our growth and large project execution strategy and he now brings his expertise to Solar Alliance full time as CEO. Additionally, the financial experience he brings to Solar Alliance is ideally suited for this company at this time given our remarkable growth prospects. I will always remain a strong supporter of Solar Alliance. I look forward to seeing great things from the company as it continues to bring solar energy to the growing commercial solar market,” said Mr. Clark.

    Anton Shihoff, Ken Stadlin and Bob Miller remain as members of the board of directors alongside Mr. Timmons, who remains as Chairman. In connection with this transition, the Company has agreed to issue Mr. Clark an aggregate of 1,000,000 common shares of the Company as part of his severance, subject to the approval of the TSX Venture Exchange.

    Brian Timmons, Chairman


    About Solar Alliance Energy Inc. (
    http://www.solaralliance.com)

    Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. Our experienced team of solar professionals reduces or eliminates customers’ vulnerability to rising energy costs, offers an environmentally friendly source of electricity generation, and provides affordable, turnkey clean energy solutions. Solar Alliance’s strategy is to build, own and operate our own solar assets while also generating stable revenue through the sale and installation of solar projects to commercial and utility customers. The technical and operational synergies from this combined business model supports sustained growth across the solar project value chain from design, engineering, installation, ownership and operations/maintenance.

    Statements in this news release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute Forward-looking statements. The words “would”, “will”, “expected” and “estimated” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information in this press release include, but is not limited to focus on larger, higher margin commercial solar projects, the assessment of acquisition opportunities and pursuit of corporate opportunities, the ability to scale, increasing project margins, targeting profitability, the expectation that the completion of several larger projects post-quarter end will result in revenue to be recognized in future quarters and the Company offering a unique investment opportunity in the renewables sector space. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related to the ability to raise sufficient capital, changes in economic conditions or financial markets, litigation, legislative or other judicial, regulatory, legislative and political competitive developments, technological or operational difficulties, the ability to maintain revenue growth, the ability to execute on the Company’s strategies, the ability to complete the Company’s current and backlog of solar projects, the ability to grow the Company’s market share, the high growth US solar industry, the ability to convert the backlog of projects into revenue, the expected timing of the construction and completion of the Company’s solar projects, the targeting of larger customers, potential corporate growth opportunities and the ability to execute on the key objectives in 2024. Consequently, actual results may vary materially from those described in the forward-looking statements.

    “Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

    The MIL Network

  • MIL-OSI: DNA Fund Acquires Coral Capital; To Manage $50 Million AUM In Web3, AI & Emerging Tech

    Source: GlobeNewswire (MIL-OSI)

    • With this acquisition, DNA Fund, known for its big-ticket investments in web3, aims to expand into new verticals, including a Bitcoin & Ether Yield Fund.
    • Coral Capital previously managed the funds of DNA’s principals.

    Puerto Rico, Oct. 18, 2024 (GLOBE NEWSWIRE) — — DNA Fund, the Financial Institution of the future in high-ticket emerging tech and web3 investments, has announced its acquisition of Coral Capital Holdings LLC, an established investment management firm that has previously managed millions in the DNA founders’ personal funds. 

    As early-stage investors in established Web3 brands and founders of some of the sector’s most notable projects, DNA and its founders have invested in or founded projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. The acquisition will see the DNA Fund manage an additional AUM of over $50 million, which includes Coral’s high-yield hedge funds and venture funds focused on DeFi, AI, blockchain, and other emerging technology sectors. Some of Coral’s top-performing investments include Near Protocol and Atmos Labs.

    Thomas L. McLaughlin, Coral’s Chief Investment Officer, will continue in his role, managing the funds with a unique focus and strategy aimed at maximizing investor returns.

    Regarding the acquisition, Christopher Miglino, CEO of DNA Fund, said, By bringing Coral Capital under our umbrella, we are not only expanding our investment capabilities but also enhancing our ability to offer unique, high-growth opportunities to our clients. Our combined expertise allows us to navigate the complexities of the digital asset landscape and continue delivering value to our investors.”

    Thomas L. McLaughlin, CIO of Coral Capital Holdings, added, “Joining forces with DNA Fund is an exciting new chapter for Coral. Our shared vision for leveraging technology to drive financial growth is perfectly aligned. Together, we are set to redefine what’s possible in digital asset investments and deliver superior results for our investors.”

    Since its inception in 2021, Coral has delivered consistent returns with innovative strategies, delivering high multiples on the benchmark of the overall market cap of digital assets. Coral’s Flagship fund, initially started as a market-neutral vehicle, was rebranded in 2023 as a discretionary liquid token, surviving a number of high-volatility events, including FTX and Terra.

    With a 61.6% return (net of fees) and a maximum annual drawdown of only 11.6% in FY 2022, these funds have outperformed the broader digital asset market. Over a similar period, Bitcoin returned 36.7%. 

    Through this acquisition, DNA Fund also aims to capitalize on the growing interest from institutional investors and expand into several new verticals over the coming year, including a Bitcoin & Ether Yield Fund, as well as more speculative funds focused on AI, memecoins and microcaps.

    -END-

    About DNA Holdings Venture Inc.(DNA Fund):
    Since 2013, DNA Holdings Venture Inc. has been a leader in the digital asset investment space and at the forefront of the next global financial ecosystem. Co-founded by Brock Pierce, a pioneering innovator and investor in the blockchain industry, and Scott Walker, a key figure in early crypto adoption and one of the most successful investors in the history of the space, DNA Fund leverages its deep industry knowledge to drive innovation and provide value to investors worldwide.

    About Coral Capital Holdings LLC
    Founded in 2021, Coral Capital Holdings LLC has been a trusted name in crypto fund management, with a focus on delivering innovative strategies and strong returns for its investors. Under DNA’s leadership, Coral continues to build on its legacy of excellence with a renewed focus on emerging opportunities in digital assets and technology.

    Investor Relations
    DNA Holdings Venture Inc.  
    investors@dna.holdings  

    Media Contact
    Jonny Hesketh
    Luna PR, jonny@lunapr.io, +971 555 496776

    The MIL Network

  • MIL-OSI Translation: 17/10/2024 Meeting with the South Korean delegation

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Meeting with the South Korean delegation17.10.2024On October 17, 2024, at the Ministry of National Defense, Deputy Minister Paweł Bejda hosted a South Korean delegation led by Deputy Minister of the Defense Procurement Agency (DAPA) Hyunki Cho. The delegation also included South Korean Ambassador Hoonmin Lim and President and CEO of Korea Aerospace Industries (KAI) Gooyoung Kang.

    The main topic of the talks was the development of bilateral cooperation in the field of defense. One of the topics was issues related to the cooperation of industries and Polonization. The Korean guests emphasized the potential of Poland, in which they see the location of the FA-50 service center in Europe based on the WZL-2 plants. The possibility of expanding technological and industrial cooperation was also discussed, including the transfer of technology and joint research and development projects. Both sides expressed satisfaction with the cooperation to date and the desire to further develop the partnership, which is of key importance for strengthening the security of both Poland and South Korea.

    Photos (4)

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Translation: 18/10/2024 Security of OTAN’s eastern flank is a priority for the Alliance’s countries

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    On Friday, October 18, the Minister of National Defense participated in the second day of the meeting of NATO defense ministers in Brussels. – During the session, we also discussed matters concerning the upcoming events, analyzing the geopolitical situation. There is full unity of the Alliance here. This is my next meeting and I see that this integration of the Alliance, as well as the desire for greater spending, is becoming more and more common. This ambitious plan is not related to 2%, because it is the minimum, but it is to be the starting point. The ambition plan that Poland has set for itself, 4.7% of GDP next year, the highest among all OTAN countries. This commands great respect here and many countries follow Poland. I am not talking only about the countries of NATO’s eastern flank, but also the countries of southern Europe are changing their strategy – informed the Deputy Prime Minister. During the session of the North Atlantic Council on deterrence and defence, the heads of defence ministries summed up the key issues for Poland related to building the capabilities necessary for collective defence in our region, such as: logistics, development of capabilities, air and missile defence and increasing the readiness of forces. – I also spoke in bilateral meetings with the ministers of the Baltic states. We talked about the challenges for the new commissioner for defence. He comes from our region, from the eastern flank of NATO, so here we see a big chance to get a real budget – the vice prime minister emphasized, W. Kosiniak-Kamysz. On the second day of his visit to Brussels, the vice prime minister W. Kosiniak-Kamysz held bilateral talks with John Healey, the Secretary of Defense of the United Kingdom, and Pirro Vengu, the Minister of Defense of Albania. – I also met with the Minister of Defense of Italy, Luxembourg, Albania, and I also talked to the Minister of Defense of the United Kingdom. We said goodbye to Secretary Austin, the US Secretary of Defense, because this is the last meeting of the Biden administration at this level. I thanked him on behalf of our country, on behalf of Poland, for his great dedication to the security of the Polish state, for his great commitment – said the head of the Ministry of National Defense. The prime minister W. Kosiniak-Kamysz also referred to the letters of intent signed during the first day of the meeting. – The most important agreement concerns the DIAMOND air defense. Para bromear agreement on the initiative of the British, but it includes Germans, French and Italians. Para bromear a serious agreement on the exchange of experience related to air defence. Para bromear key for Europe – air defence is simply the most important thing. (…) The second agreement concerned the French initiative – acquiring and supplementing long-range capabilities. Many countries have joined this initiative, we are talking about this in the Weimar Triangle. We have already concluded and signed this declaration in Washington, now we are simply implementing it by inviting other countries. The third issue concerned issues in the field of cybersecurity, the exchange of skills in this area – noted the head of the Ministry of National Defence. As the head of the Ministry of National Defence informed after the Council meeting, the Education and Training Analysis Centre OTAN-Ukraine will be headed by a Polish general. – An important thing regarding the NATO Education and Training Analysis Centre-Ukraine in Bydgoszcz. The head of this centre will be the very experienced General Ozga, who spent many years here in NATO. In the alliance, he will head the Education and Training Analysis Center OTAN-Ucrania, which was located in Bydgoszcz in February this year, and the declaration from the Washington summit confirmed this. We want to achieve initial operational capabilities in January 2025, and develop them to full capabilities over the next year. I called on all our allies to participate. It is good that a Pole will be at the head of this unit – emphasized the Deputy Prime Minister. Deputy Prime Minister W. Kosiniak-Kamysz informed that according to the CBOS survey, the Polish Army enjoys the highest level of public trust in history. – Finally, good news from Poland. The Polish Army enjoys the highest recognition in CBOS research. Never before has there been such a level, as much as 83% of trust in the Armed Forces of the Republic of Poland, in the history of research on support for various professional groups, various environments. The army during the time when I have the honor of being the Minister of National Defense, has reached this level of the highest Historical trust, for which I am very grateful, because only thanks to our citizens, thanks to our taxpayers, are we able to carry out the great transformation of the Polish army. Build its strength and resilience – informed the head of the Ministry of National Defense.

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Europe: Switzerland signs declaration of accession to the European Sky Shield Initiative (ESSI)

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    Bern, 18.10.2024 – After the member states of the European Sky Shield Initiative (ESSI) agreed to Switzerland’s application for admission, Chief of Armament Urs Loher signed the MoU and the unilateral declaration of accession by Switzerland on 17 October 2024. Switzerland will thus become the 15th member of the ESSI.

    On 10 April 2024, the Federal Council agreed to accession to the ESSI and authorised the DDPS to sign the ESSI Cooperative Procurement Framework Memorandum of Understanding (MoU) as well as the additional unilateral declaration of accession by Switzerland. After the Foreign Policy and the Security Policy Committees also agreed to the matter, the DDPS initiated the accession process on 8 July 2024 with the signing of the application for membership by Chief of Armament Urs Loher. The member states of the ESSI agreed unconditionally to Switzerland’s accession in a subsequent consultation. Chief of Armament Urs Loher thereupon signed the MoU and the additional unilateral declaration of accession by Switzerland on 17 October 2024.

    MoU as the basis for programme agreements

    With its participation in the ESSI, Switzerland is increasing international opportunities for cooperation: ESSI enables better coordination of procurement projects, training and logistical aspects in the area of ground-based air defence (GBAD). The general provisions are defined in the MoU, according to which the member states carry out the projects and programmes for the cooperative procurement of GBAD systems as part of the ESSI and can exchange ideas on the opportunities in other areas of cooperation. As a participant state of the ESSI, Switzerland can now conclude separate programme agreements for individual projects and programmes as part of the MoU. The initial focus is on medium-range ground-based air defence. Attractive opportunities for cooperation will be available in the future in the areas of shorter-range and longer-range air defence.

    ESSI is compatible with Swiss neutrality

    Signing the declaration of accession to the MoU does not lead to any obligations. Even after signing, Switzerland will decide freely where and to what extent it will participate in the ESSI and which ground-based systems it will procure. As previously, when signing the Memorandum of Understanding in July 2023, in which Switzerland and Austria presented their reservations under neutrality law in an additional declaration, Switzerland also additionally set out its reservations under neutrality law in a public unilateral declaration of accession regarding the signing of the MoU. This refers in particular to the suspension clause of the MoU which enables Switzerland to withdraw from the cooperation due to its neutrality, should a member of the initiative become party to an international armed conflict.


    Address for enquiries

    Kaj-Gunnar Sievert
    Head of Communications armasuisse
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    MIL OSI Europe News

  • MIL-OSI Europe: President Meloni visits Jordan

    Source: Government of Italy (English)

    The President of the Council of Ministers, Giorgia Meloni, visited Jordan today, where she was received by King Abdullah II.

    The two leaders discussed the situation in the Middle East and the joint efforts towards a ceasefire in Gaza and the release of Israeli hostages in line with Resolution 2735, stressing the need for a political process leading to a two-state solution.

    President Meloni expressed Italy’s appreciation for the role Jordan has played in delivering humanitarian aid to Gaza, also as part of the ‘Food for Gaza’ initiative, and discussed the ‘Gaza humanitarian gateway’ initiative being promoted by King Abdullah II to improve humanitarian access to the Strip, whose content and urgency she shared.

    Recalling the meeting on the Syrian refugee crisis held by Italy in the margins of the Med9 Summit on 11 October, which was also attended by Cypriot President Christodoulides and European Commission President von der Leyen as well as by the Hashemite King himself, the two leaders agreed to continue working in close coordination in order to foster effective and concrete responses to this dramatic emergency.

    MIL OSI Europe News