

Centre, RBI Push ULI to Revolutionise Credit Access
The Department of Financial Services (DFS), Ministry of Finance, held a high-level meeting in New Delhi to advance the implementation of the Unified Lending Interface (ULI), a technology-driven initiative aimed at making seamless credit accessible across India. The meeting was co-chaired by Shri M. Nagaraju, Secretary, DFS, and Shri T. Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), and attended by senior representatives from various Central ministries, State governments, the RBI, and the Reserve Bank Innovation Hub.ULI is being developed as a Digital Public Infrastructure (DP..

MSRTC Plans 98-Year Leases to Boost Bus Stand Revenues
The Maharashtra State Road Transport Corporation (MSRTC) is set to overhaul its revenue model by extending the lease tenure of its bus stands from 60 years to 98 years under the public-private partnership (PPP) model. The new strategy is part of MSRTC’s efforts to revive its financial health and create a sustainable income stream through long-term leasing and commercial redevelopment.The move comes as the transport body, which has served the state’s intra-city and rural transport needs for over seven decades, faces mounting financial stress. MSRTC’s accumulated losses have reached approx..

Badrinath to Become Smart Spiritual Hill Town by 2026
Badrinath Dham is undergoing a major transformation into a 'Smart Spiritual Hill Town', under the vision of Prime Minister Narendra Modi and the direct leadership of Uttarakhand Chief Minister Pushkar Singh Dhami. The initiative seeks to reimagine the revered Himalayan pilgrimage destination for the next 50 years, with a comprehensive upgrade to infrastructure and pilgrim services.At the core of this transformation is the Shri Badrinath Dham Corridor Project, which is being rapidly executed with civil works by M/s Gawar Construction Limited and architectural planning by INI Design Studio. The ..