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Daily PIB Summary- 01 September 2018



Press Information Bureau India

PIB Summary

IWAI Makes India’s First Standardised Modern Ship Design for Ganga a Reality
  • Inland Waterways Authority of India (IWAI) today made public 13 standardised state-of-the-art ship designs suitable for large barge haulage on river Ganga (National Waterway-1).
  • It will help overcome the unique navigation challenges river Ganga throws due to its complex river morphology, hydraulics, acute bends, shifting channels, meanders and current. It will serve as an enabler for domestic shipbuilding industry working on inland vessels and open huge possibilities for cargo and passenger movement on National Waterway-1.
  • The Government is implementing Jal Marg Vikas Project (JMVP) for capacity augmentation of navigation on NW-1 (Varanasi-Haldia stretch) at a cost of Rs 5369.18 crore with the technical assistance and investment support of the World Bank. 
AYUSH Minister to inaugurate the Fourth International Ayurveda Congress at Netherlands
  • Minister of State, (IC), for AYUSH Shri Shripad Yesso Naik will be inaugurated the Fourth International Ayurveda Congress (IAvC) at Netherlands.
  • The Minister is visiting Netherlands from September 1-4, 2018 to participate in the Congress jointly organized by International Maharishi Ayurveda Foundation, Netherlands.
  • A special Seminar is also organized by the Indian Embassy titled “India-Netherlands collaboration in Healthcare, including Ayurveda” on 3rd September 2018. This seminar will be jointly addressed by AYUSH Minister and Dutch Minister for Medical Care and Sport Bruno Bruins. 
PM to launch India Post Payments Bank on Saturday, 1st September
  • The Prime Minister, Shri Narendra Modi, will launch the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi on September 1st, 2018.
  • IPPB has been envisioned as an accessible, affordable and trusted bank for the common man, to help speedily achieve the financial inclusion objectives of the Union Government.
  • It will leverage the vast network of the Department of Posts, which covers every corner of the country with more than 300,000 Postmen and Grameen Dak Sewaks. IPPB will hence significantly augment the reach of the banking sector in India.
  • On the day of the launch, IPPB will have 650 Branches and 3250 Access Points spread across the country. Simultaneous launch events will be held at these branches and access points.
  • All the 1.55 lakh Post Offices in the country will be linked to the IPPB system by December 31, 2018.
  • IPPB will offer a range of products such as savings and current accounts, money transfer, direct benefit transfers, bill and utility payments, and enterprise and merchant payments. These products, and related services, will be offered across multiple channels (counter services, micro-ATM, mobile banking app, SMS and IVR), using the bank’s state-of-the-art technology platform.