Telangana to get a Spice Park in Nizamabad
The Dollar Business Bureau Upon receiving a proposal from the Telangana government for setting up Spice Park at Nizamabad, Telangana for turmeric, the Central Government has conveyed that the Spices Board would extend all technical support if land and funds for establishing the Spice Park is provided by the State. The Central Government has also approved the setting up of a Spice Development Agency (SDA) for Telangana with headquarters at Warangal for co-coordinating with the State / Central Agencies implementing programmes for research, production, marketing, quality improvement and export of spices, including chilli and turmeric. The Government implements several programmes for providing assistance to spice farmers, including Chilli and Turmeric farmers, which, on one hand aim at increasing production and ensuring remunerative prices ...
RBI mulls IT subsidiary to tackle online banking crimes
The Dollar Business Bureau In a move to overcome the challenges and threats posed by cyber security, the Reserve Bank of India (RBI) is likely to create a subsidiary entity that would supervise and formulate policies for strengthening cyber security in the Indian Banking sector. A statement, in this regard, was said to have been made by Raghuram Rajan, Governor, RBI, while addressing media post the central board meeting of the monetary authority in Goa, on Thursday. The Reserve Bank of India is planning to set up an information technology wing to face the rising challenges coming from cyberspace, said the RBI Governor, according to the reports. We've to worry about increasing issues about cyber-security, we've to worry about cyber ...