Public Examinations (Prevention of Unfair Means) Act, 2024:
- The Act came into effect on June 21, 2024. It includes 19 sections across 6 chapters to ensure transparency in public examinations. All offences under this Act are cognizable, non-bailable, and non-compoundable.
Agriculture Infrastructure Fund (AIF) Portal Launch:
- Union Agriculture Minister Shivraj Singh Chouhan launched a new web portal to automate and accelerate the settlement of interest subvention claims of banks under the AIF. This initiative aims to ensure timely settlement and enhance transparency.
MSME Trade Enablement and Marketing (TEAM) Initiative:
- Union Minister Jitan Ram Manjhi launched the TEAM Initiative and Yashasvini Campaign to boost MSME trade using e-commerce and support women entrepreneurs. These were launched during the World MSME Day event on June 27, 2024.
HDFC Life’s ‘Bridge the Gap’ Initiative:
- HDFC Life Insurance launched a campaign to enhance public awareness about the importance of life insurance. This campaign is in partnership with ET NOW.
Foreign Portfolio Investment (FPI) in Indian Equities:
- In June 2024, FPIs invested ₹26,565 crore in Indian equities, driven by political stability after the 2024 elections and market recovery after previous months of net outflow.
Brand Finance India 100 Report:
- Tata Group retained the top position as the most valuable Indian brand with a 9% growth in brand value to USD 28.6 billion. Infosys held the second spot, and Taj remained the strongest Indian brand with a AAA+ rating.
Commonwealth Short Story Prize 2024:
- Indian writer Sanjana Thakur won the overall prize for her story “Aishwarya Rai,” a reversed adoption story. She is the third Indian to win this prestigious award.
Insolvency and Bankruptcy Board of India (IBBI) Online Forms:
- The IBBI introduced electronic forms to streamline the liquidation process, covering various stages to enhance compliance under the Insolvency and Bankruptcy Code (IBC).
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