11 August 2016

First Indian channel on skill development launches in Pune

·         Millionlights, an education content provider Company has launched the first and only Indian TV Channel focused on higher education and skill development in partnership with DEN Manoranjan Satellite in Pune.

·         Millionlights aims to create a landscape of content, delivery platforms and certifications leading to higher employability.

·         The company already runs a website, which provides certification courses.

·         Partners of the initiative include universities, teachers, technology companies, and certification companies. For the TV channel initiative, the company has Microsoft as a partner.

·         Microsoft provides course segments from its existing library, which the team at Millionlightscustomises for the Indian audiences.

Madhya Pradesh and Puducherry join UDAY power discoms reforms

·         Madhya Pradesh has become the 16th state to join the centrally sponsored plan UjwalDiscoms Reforms for power distribution (UDAY). Puducherry also joined and became the first union territory to join UDAY.

·         The annual saving in the interest cost to the MP discoms would be around Rs 2,215 crore on account of restructuring of the discom debt.

·         The amount of debt being taken over by the state is Rs 26,055 crore, which is 75% of the total discoms' debt of Rs 34,739 crore outstanding as on 30.09.2015.

·         The scheme also provides for the balance debt of Rs 8,684 crore to be re-priced or issued as state guaranteed discom bonds, at coupon rates around 3 per cent less than the average existing interest rate.

MSAI and Nirbhaya Jyoti Trust launch ‘I Feel Safe’ safety app for women 

      Mobile Standards Alliance of India (MSAI) and the Nirbhaya Jyoti Trust launched a mobile app aimed at ensuring personal safety
 during times of distress.

   The app - called I Feel Safe Safety Ka Power Button - has a virtual  panic button which users can simply press to activate the alarm.·   

Image result for MSAI and Nirbhaya Jyoti Trust launch ‘I Feel Safe’ safety app for women      It can be used even when the screen is locked, the SIM card is removed, no Wi-Fi networks are available, and the absence of a data plan.
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        The app works across the country on all mobile networks and sends real-time updates about the location of the user.



Cabinet approves Agreement between the India and Croatia on Economic Cooperation·    

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing and ratification of an Agreement between India and Croatia on Economic Cooperation.

Image result for the India and Croatia on Economic Cooperation·        India and Croatia had earlier signed an Agreement on trade and economic cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations.


·        Signing of the new Agreement between India and Croatia would be a step in continuity as the existing Agreement expired in November, 2009.

·        India's bilateral trade with Croatia during 2012-13, 2013-14 and 2014-15 were US$ 152.01million, US$ 148.86 million and US$ 205.04 million respectively. The average bilateral trade growth was 17.44% during the last three years.

Madhya Pradesh and Puducherry join UDAY power discoms reforms 
  
        Madhya Pradesh has become the 16th state to join the centrally sponsored plan UjwalDiscoms Reforms for power distribution (UDAY).

     Puducherry also joined and became the first union territory to join UDAY.

·         The annual saving in the interest cost to the MP discoms would be around Rs 2,215 crore on account of restructuring of the discom debt.

·         The amount of debt being taken over by the state is Rs 26,055 crore, which is 75% of the total discoms' debt of Rs 34,739 crore outstanding as on 30.09.2015.

·         The scheme also provides for the balance debt of Rs 8,684 crore to be re-priced or issued as state guaranteed discom bonds, at coupon rates around 3 per cent less than the average existing interest rate
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