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Daily PIB 19th September 2023

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    Daily PIB 19th September 2023

    • Vibhav Anti-Tank Munition: It is a self-neutralising anti-tank mine. Designed and developed completely indigenously in a joint venture with the Defence Research and Development Organisation (DRDO) in India, “Vibhav” is a point-attack anti-tank munition.

    It is designed to provide mobility kill against all enemy armoured vehicles. The munition is under production by the Kalyani Group for the Indian Army. The anti-tank mine is made of new-age plastic, which gives it adequate strength and durability to withstand the requirements of storage, handling and operating in varying field conditions. The munition can be laid both mechanically or manually. A host of safety and actuation mechanisms have been incorporated in “Vibhav” to make it safe to handle, lethal against targets and reliable. The integrated explosive, mechanical and electronic safety features ensure utmost operator safety. The munition also incorporates an electronic anti-handling and anti-lift device (EAHALD) that stays active for 120 days once armed. It has mechanical timers. Due to this, after 120 days, it will be self-neutralised. It has a storage life of 10 years with no special storage requirements.

     

    • Kisan Rin Portal: The portal helps farmers avail of subsidised loans under the Kisan Credit Card (KCC).It was developed in collaboration with multiple government departments. It offers a comprehensive view of farmer data, loan disbursement specifics, interest subvention claims, and scheme utilisation progress. It fosters seamless integration with banks for more focused and efficient agriculture credit.

     

    • Operation Sajag: It is a coastal security drill conducted by the Indian Coast Guard along the west coast. It involved all stakeholders of the Indian coastal security construct. A total of 118 ships, including those from Customs, Marine Police, Ports, and the Indian Navy, participated in the drill. The drill facilitates revalidation of the coastal security mechanism and brings awareness among the fishermen at sea.

    During the drill, extensive checking and verification of documents and crew passes of all fishing boats, barges and craft at sea was undertaken.Biometric card readers have also been issued to security agencies.Besides monitoring of dhows, island security and community interaction programmes have been institutionalised under the coastal security construct.

     

    • Bima Sugam platform: It will enable individuals to buy life, health, motor or property insurance policies online. The platform will enable easy access under a single roof for insurance companies, agents, brokers, banks and even aggregators. The platform will act as a centralised database which will assist consumers with all insurance-related

    It will also pave the way for a speedy acceptance of new or sandbox products.

    Cyril Amarchand Mangaldas (CAM) has been appointed as the legal counsel for the project.

    The responsibilities of CAM will include incorporation of Section 8 not-for-profit company, which will be the company owning the Bima Sugam platform. The platform will support all personal and commercial/business insurance requirements and support in identifying and comparing optimal products to meet user requirements within stipulated timelines. The entire spectrum of insurance offerings through the platform will include life insurance and all its variants — term plans, savings (Par and Non-Par), annuities, pension plans, etc.The platform will have to demonstrate an end-to-end digital onboarding journey for all insurance products without any manual interventions.

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