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By 2029–2030, it is estimated that India's aerospace and defense (A&D) electronics sector might be valued up to $70 billion, of which $55 billion could come from electronics used in platforms that need to be purchased and the other $70 billion from system-of-system initiatives.
[1] [2] The NHCX aims to standardize and simplify the exchange of health claims, making it easier for insurance companies, government schemes, and healthcare providers like hospitals and labs to share data, documents, and images. This system will also make claims processing more transparent and efficient, lowering operational costs. [3] [4]
Aarogya Setu (translation from Sanskrit: the bridge to health) is an Indian COVID-19 "contact tracing, syndromic mapping and self-assessment" digital service, primarily a mobile app, developed by the National Informatics Centre under the Ministry of Electronics and Information Technology (MeitY).
The NITI Aayog (lit. ' Policy Commission '; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in ...
The Development Monitoring and Evaluation Office (DMEO) under the NITI Aayog is responsible for evaluations. [15] Evaluation problems exist. [15] Ministries such as the transport ministry can show immediate physical outcomes of its schemes whereas in health related schemes, in certain cases, there is no output to show for. [15]
RuPay (portmanteau of Rupee and Payment) is an Indian multinational financial services and payment service system, conceived and owned by the National Payments Corporation of India (NPCI). It was launched in 2012, to fulfil the Reserve Bank of India 's (RBI) vision of establishing a domestic, open and multilateral system of payments.
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
The first report, consisting of recommendations for the financial year 2020–21, was tabled in Parliament in February 2020. [25] On 9 November 2020, the Fifteenth Finance Commission (XVFC) led by Chairman Sh N K Singh, submitted its report for the period 2021–22 to 2025–26 to the Hon'ble President of India. [26]