National Politics

Indore: Jaishankar States, India Will Host 17th Pravasi Bhartiya Diwas After Two Years

Jaishankar

External Affairs Minister (EAM) S Jaishankar on Wednesday informed the Parliament that India will be hosting the 17th Pravasi Bhartiya Diwas in Indore in January 2023

New Delhi: External Affairs Minister (EAM) S Jaishankar on Wednesday informed the Parliament that India will be hosting the 17th Pravasi Bhartiya Diwas in Indore in January 2023.
“After a gap of two years, India will be hosting the 17th Pravasi Bhartiya Diwas in Indore from 8-10 January 2023. President of Guyana Irfaan Ali will be the chief guest of the Pravasi Bhartiya Diwas,” Jaishankar said in Rajya Sabha while delivering his remarks on the ‘Latest Developments in India’s Foreign Policy’. Guyana President Mohamed Irfaan Ali is set to be the Chief Guest at the 17th Pravasi Bharatiya Divas (PBD) Convention, scheduled to be held in Indore next month.

“Dr. Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, will be the Chief Guest at the 17th Pravasi Bharatiya Divas (PBD) Convention which will be held from 8-10 January 2023 at Indore, Madhya Pradesh,” the External Affairs Ministry said in an earlier statement.
Pravasi Bharatiya Divas (PBD) Convention is the flagship event of the Ministry of External Affairs and provides an important platform to engage and connect with overseas Indians.
Australian Member of Parliament (MP) Zaneta Mascarenhas will be the guest of honour at the Youth Pravasi Bharatiya Divas.

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“Ms. Zaneta Mascarenhas, Member of Parliament of Australia, will be the Guest of Honour at the Youth Pravasi Bharatiya Divas which will be held on 8 January, 2023,” the MEA added.
Last year, the 16th Pravasi Bharatiya Divas Convention was organized on January 9, despite the ongoing Covid pandemic.

The Convention was held in a virtual format. The theme of the 16th PBD Convention 2021 was “Contributing to Aatmanirbhar Bharat”.
The Youth PBD was also celebrated virtually on the theme “Bringing together Young Achievers from India and Indian Diaspora” on January 8, 2021.

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RBI to add new feature to UPI payment platform

ANI

Mumbai: Reserve Bank of India Governor (RBI) Shaktikanta Das on Wednesday said it decided to add a new feature in its Unified Payments Interface (UPI) platform where the delivery of service or goods happens later such as e-commerce purchases, hotel bookings or investments in equities.
Through the ‘single-block-and-multiple debits’ feature on the UPI platform, the RBI Governor said that customers will have more trust while carrying out such transactions. By introducing single-block-and-multiple-debits functionality, Shaktikanta Das said this facility will enable a customer to block funds in his/her account for specific purposes, which can be debited whenever needed.
“It has…been decided to introduce a single-block-and-multiple-debits functionality in UPI, which will significantly enhance the ease of making payments in e-commerce space and towards investments in securities,” RBI Governor Shaktikanta Das said after announcing the bi-monthly policy review.
The speech of Governor Shaktikanta Das on RBI website said this facility would enable a customer to block funds in his/her account for specific purposes, which can be debited whenever needed. This will significantly enhance the ease of making payments for investments in securities including through the Retail Direct platform as well as e-commerce transactions.

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In another development, the Governor said the RBI was expanding the scope of Bharat Bill Payment System.
He said the BBPS has been steadily expanding since its launch in 2017 and currently, it handles recurring bill payments for merchants and utilities and does not cater to non-recurring bills.
The RBI Governor said it also does not cater to bill payments or collections such as payment of fees for professional services, education fees, tax payments and rent collections, among other, for individuals even if those are recurring in nature.
Therefore, he said the scope of BBPS is being enhanced to include all categories of payments and collections, both recurring and non-recurring, and for all categories of billers (businesses and individuals).
“This will make the BBPS platform accessible to a wider set of individuals and businesses which can benefit from the transparent payments experience, faster access to funds and improved efficiency,” he added.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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