SWAMIH Fund:The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is India’s largest social impact fund specifically formed for completing stressed and stalled residential projects.The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company.The Fund has no precedent or comparable peer fund in India or the global markets.It is a Category-II AIF (Alternate Investment Fund)debt fund registered with SEBI.
Since the Fund considers first-time developers, established developers with troubled projects, developers with a poor track record of stalled projects, customer complaints and NPA accounts, and even projects where there are litigation issues, it is considered as the lender of last resort for distressed projects.
Hallmark Unique Identification:Recently, the Union Ministry of Consumer Affairs said that the sale of gold jewellery mandates a Hallmark Unique Identification (HUID) from April 1, 2023.
The HUID is a unique 6-digit alphanumeric code consisting of numbers and letters.
The HUID will be given to every piece of jewellery at the time of hallmarking and it is unique for every piece of jewellery.This unique number is stamped manually, on jewellery at the Assaying & Hallmarking centres.
Present scenario: Earlier, the HUID used to be 4 digits and now both 4 and 6-digit HUIDs are used in the market.From April 1st 2023, only 6-digit alphanumeric codes will be allowed.
Symbol – The BIS Hallmark consists of 3 symbols namely the BIS logo, Purity/Fineness Grade, and a six-digit alphanumeric codeThe authenticity of hallmarked jewellery can be checked by using the ‘verify HUID’ feature on the BIS Care App.
Swachh Sujal Shakti Samman 2023: The “Swachh Sujal Shakti Samman 2023”, organized by the Ministry of Jal Shakti to honour the women champions of rural water and sanitation sector, was graced by the President of India, Smt. Droupadi Murmu. This event organized in the run up to the International Women’s Day, was to felicitate the exceptional and exemplary work being done at the grassroots level by women in the implementation of Swachh Bharat Mission – Grameen (SBM-G), Jal Jeevan Mission (JJM), Jal Shakti Abhiyan: Catch the Rain (JSA-CTR). 36 women WASH Champions were felicitated. The event also saw the launch of Jal Shakti Abhiyan – Catch the Rain 2023.
India-Mexico MoU: India and Mexico signed a Memorandum of Understanding on research, technology and innovation collaborations with focus on several key technology areas like Aerospace, Electronics Instrumentation & Strategic Sectors; Civil, Infrastructure & Engineering; Ecology, Environment Earth & Ocean Sciences and Water; Mining, Minerals, Metals & Materials; Chemicals (including leather) and Petrochemicals; Energy.
India and Mexico were termed as ‘Privileged Partners’,the two countries can complement and supplement each other in many areas.
The three priority areas of Water, Lithium and Vaccines flagged by the Mexican side will be taken care of the CSIR and other Sister Organizations and India will provide tangible results in coming few months. Lithium is becoming a real connect between India and Mexico.
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