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Digital Agriculture Mission

Recently, the Ministry of Agriculture and Farmers Welfare signed 5 Memorandums of Understanding (MOUs) with private companies for taking forward Digital Agriculture. A Digital agriculture mission has been initiated for 2021 -2025 by government for projects based on new technologies like artificial intelligence, block chain, remote sensing and GIS technology, use of drones and robots etc. What is Digital Agriculture Mission? Digital Agriculture is “ICT (Information and Comm

India, Singapore to link UPI and PayNow

The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) on Tuesday announced a project to link their respective fast payment systems — Unified Payments Interface (UPI) and PayNow — to facilitate instant, low-cost, cross-border fund transfers. The linkage is targeted to be operationalised by July 2022. “The UPI-PayNow linkage will enable users of each of the two fast-payment systems to make instant, low-cost fund transfers on a reciprocal basis witho

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