India Emerges as Global Leader in Disaster Warning

India’s internationally recognized Tsunami Early Warning System was showcased as a cornerstone of the nation’s disaster preparedness strategy. The Minister also highlighted ongoing collaborations with UNESCO and the Tsunami Ready Initiative, which aims to enhance community resilience in vulnerable regions. The recognition of 24 Indian communities under this program demonstrates a strong community-centric approach.

Review of Guidelines for setting up and operation of International TradeFinancing Services Platform

The revised guidelines for ITFS platforms mark a significant step forward in enhancing the accessibility, flexibility, and effectiveness of international trade finance services. With streamlined processes, expanded activities, and a broader range of eligible participants and financiers, the updated framework will contribute to a more robust global trade finance ecosystem. As the world increasingly shifts toward digital finance, these reforms represent a critical move towards bridging the financing gap and fostering greater global trade collaboration.

DoT measures for strengthening Indian telecom ecosystem

The DoT continues to lead the charge towards transforming the Indian telecom ecosystem making it more- Samaveshit (ubiquitous connectivity fuelling inclusive growth), Viksit (developed India through triad of perform, reform and transform), Tvarit (accelerated development and swift resolutions), and Surakshit (safe and secure).

Clarification regarding regularization of refund of IGST

It is clarified that refund cannot be claimed where the registered person has only paid Integrated Goods and Services Tax and Compensation Cess on inputs and has availed exemption of only Basic Customs Duty (BCD) under the said notifications.

India’s Transformative Initiatives On Cleanliness as a Cornerstone of Good Governance

The Special Campaign 4.0, a series of initiatives ongoing since 2021, embodies the government’s focus on institutionalizing cleanliness. Between December 2023 and July 2024, the campaign achieved notable results, demonstrating the link between cleanliness and economic efficiency. At Kandla Port in Gujarat, clearing auctioned cooling tower scrap freed up valuable space, streamlining port operations and improving cargo handling efficiency.

Updated List of Approved Solar PV Modules Released by Ministry

The Ministry has released Revision XXXII of the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) List-I (Manufacturers and Models of Solar PV Modules). This revision incorporates the latest updates on approved solar PV modules based on minimum efficiency requirements and BIS (Bureau of Indian Standards) compliance.