Prime Minister Announces National Gene Bank to Safeguard India’s Genetic Resources

The announcement was made during a webinar aimed at fostering collaboration between government, industry, academia, and citizens to translate the budget’s transformative announcements into effective outcomes. This new facility will house 1 million germplasm lines, providing crucial conservation support for both public and private sectors.

ICMR Releases Ethical Guidelines for Integrative Medicine Research

The Indian Council of Medical Research (ICMR) has published an addendum to its National Ethical Guidelines for Biomedical and Health Research Involving Human Participants (2017), establishing a structured ethical framework for Research in Integrative Medicine (RIM). The addendum provides clear ethical guidelines for research that combines traditional Ayush systems with modern medical practices, ensuring ethical rigor and regulatory compliance.

CEA Releases Comprehensive Guidelines for Optical Fiber Usage in Power Systems

The guidelines aim to establish a structured framework for the efficient and secure utilization of optical fiber infrastructure, crucial for the modern and rapidly expanding power sector. The CEA has requested all utilities, Transmission Service Providers (TSPs), power system stakeholders, and users to adopt and adhere to these guidelines.

GIFT City to promote India’s aviation sector

The Union Ministry of Civil Aviation jointly with Federation of Indian Chambers of Commerce & Industry (FICCI) with the support of the International Financial Services Centre Authority (IFSCA), organised the second “India Aircraft Leasing and Financing Summit” at Gandhinagar in Gujarat.

RBI governor meets with Fintechs – need for innovation

The Governor, in his remarks, recognised the important role played by the FinTechs including the payment system players, account aggregators, digital lending service providers in the growth of India’s financial system and economy. The Governor underscored the need for responsible innovation and emphasised the need for ensuring compliance by the entities who are new to regulatory space. He also emphasized that RBI values such interactions with the ecosystem participants and would continue to adopt a consultative approach.