National Unity Day

Government of India introduced 31 october,birth anniversary of Independent India’s first Deputy Prime Minister Sardar Vallabhbhai Patel(Bismarck of India)  as National  Unity Day. It was inagurated by Indian Prime Minister Narendra Modi in 2014. Observance of the day by the Home Ministry of India cites that the National Unity Day “will provide an opportunity to re-affirm the inherent strength and resilience of our nation to withstand the actual and potential threats to the unity, integrity and security of our country". 

New Deputy Governor of RBI

Government appointed Viral V Acharyaa New York University Economics Professor as new Deputy Governor at the Reserve Bank of India. His appointment was cleared by the Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi in New Delhi. He will fill the post that fell vacant after Urjit Patel after he was made RBI Governor to succeed Rajan with effect from September 2016. The existing three Deputy Governors of RBI are S S Mundra, R Gandhi and N S Vishwanathan..

National Academic Depository

Union Cabinet approved establishment and operationalisation of National Academic Depository (NAD), a Digital Depository for school learning certificates, degrees and other academic awards of Higher Education Institutions, on the pattern of a Securities Depository.NAD will be operationalised by NSDL Database Management Limited (NDML) and CDSL Ventures, Limited (CVL).

How NAD Works:

The NAD will register educational institutions/boards/eligibility assessment bodies, students and other users/verifying entities like banks, employer companies, government agencies and academic institutions.It will provide digital or a printed copy of the academic award with security features to the students or other authorized users. NAD will verify academic awards online on the same day of request initiated by any authorized user.