According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
Seigniorage is the profit a government earns from issuing fiat currency, a sort of interest free loan holders of rupee or dollar notes are extending to the issuer. The amounts involved in Nepal and Bhutan are small. However, it is a measure of Indian influence in the region that people use INR. Immediately after the two month window for exchange closed in India, the RBI should have discussed this issue with the central banks in Nepal and Bhutan, arranged an immediate swap, taking care only to weed out counterfeit currency. Even now, not too late to do the right thing.
Seigniorage is the profit a government earns from issuing fiat currency, a sort of interest free loan holders of rupee or dollar notes are extending to the issuer. The amounts involved in Nepal and Bhutan are small. However, it is a measure of Indian influence in the region that people use INR. Immediately after the two month window for exchange closed in India, the RBI should have discussed this issue with the central banks in Nepal and Bhutan, arranged an immediate swap, taking care only to weed out counterfeit currency. Even now, not too late to do the right thing.