Kia will assemble the K4 compact at its plant in Mexico and sell it to customers in the United States and Canada during the second half of this year, Yonhap news agency quoted a company spokesperson as saying.

The report said that ‘K4’ will be available in two versions. One model will come with a 2.0-liter gasoline engine and the other with a 1.6-liter gasoline turbocharged engine.

The spokesperson said the model will not be imported into Korea.

Kia said it will introduce dozens of models, including the K4, EV6 and EV9 all-electric cars and the Telluride SUV, during the motor show from March 29 to April 7.

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A day after talks with Prime Minister Narendra Modi on a range of topics from AI to healthcare and climate change, Gates said technology is bridging the digital divide for millions of people in the country.

“During my visit to India, I saw how AI and DPI are improving access to education, health care, and lives of small farmers. These technologies can be transformative for the world,” Gates posted on Twitter.

It is noteworthy that a recent NASSCOM-led report said that DPI like the Unified Payments Interface (UPI) and Aadhaar are ready to take India towards an $8 trillion economy by 2030. This will help the country achieve the target of $1 trillion digital economy.

During his conversation with Gates, PM Modi discussed a range of important topics, including India’s impressive progress in digital technology, ranging from AI.

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These are the questions and answers:

Bank Accounts with Paytm Payments Bank

* I have a savings or current account with Paytm Payments Bank. Can I continue withdrawing money from this account even after March 15, 2024? Can I continue to use my debit card issued by Paytm Payments Bank?

Yes. You can continue to access, withdraw or transfer funds from your account up to the available balance in your account.

Similarly, you can continue to use your debit card to withdraw or transfer funds up to the available balance in your account.

* I have a savings bank or current account with Paytm Payments Bank. Can I deposit or transfer money to this account after March 15, 2024?

No, after March 15, 2024, you will not be able to deposit money into your account in Paytm Payments Bank. No credits or deposits are allowed other than interest, cashback, sweep-in or refund from partner banks.

*I am expecting a refund in my account in Paytm Payments Bank after March 15, 2024. Can this refund be credited to my account?

Yes. Refunds, cashback, sweep-in or interest from partner banks are allowed in your account even after March 15, 2024.

*What will happen to the deposits held in participating banks through the ‘Sweep In/Out’ mechanism after March 15, 2024?

Paytm Payments Bank customers’ existing deposits maintained with partner banks can be swept back (sweep-in) into Paytm Payments Bank accounts, subject to the balance limit prescribed for the Payments Bank (i.e. Rs. 2 lakh per individual customer). is under the. Such sweep-ins will continue to be permitted for the purpose of making the balance available for use or withdrawal by the customer at the end of the day. However, no new deposits with partner banks will be allowed through Paytm Payments Bank after March 15, 2024.

*I receive Aadhaar linked subsidies or some direct benefit transfers from the government in my account in Paytm Payments Bank. Can I continue to receive it in this account?

No, you will not be able to receive any such credit in your account with Paytm Payments Bank after March 15, 2024. Please make arrangements to switch your linked account to another bank before March 15, 2024 to avoid any inconvenience or disruption.

*Is my monthly electricity bill automatically paid from my bank account with Paytm Bank Limited? Can this continue?

Withdrawal/debit mandates (such as National Automated Clearing House (NACH) mandates) will continue to be executed as long as balance is available in your account. However, credit or credit to your accounts will not be allowed after March 15, 2024. Therefore, to avoid inconvenience, it is suggested that you make alternative arrangements through another bank before March 15, 2024.

*Is my monthly OTT subscription automatically paid through UPI from my bank account with Paytm Payments Bank? Can this continue?

Withdrawals/debit mandates through automated UPI mandates will continue to be executed till the balance is available in your account. However, credit or credit to your accounts will not be allowed after March 15, 2024. Therefore, to avoid inconvenience or disruption, it is suggested that you make alternative arrangements through another bank before March 15, 2024.

*My loan installment (EMI) is paid automatically through my account in Paytm Payments Bank. Can this continue?

Yes, EMIs registered with any bank other than Paytm Payments Bank can continue.

Paytm Payments Bank Wallet

*I have a wallet from Paytm Payments Bank. Can I continue using money from this wallet after March 15, 2024?

Yes. You can continue to use, withdraw or transfer to another wallet or bank account up to the available balance in the wallet. However, the minimum KYC Wallet1 can be used for merchant payments only.

*I have a wallet from Paytm Payments Bank. Can I top-up or transfer money to this wallet after March 15, 2024? Can I receive money in this wallet from another person after March 15, 2024?

No, after March 15, 2024 you will not be able to top-up or transfer money to the wallet or receive any credit other than cashback or refund in this wallet.

*Cashback is outstanding in my wallet from Paytm Payments Bank. Can I get this cashback after March 15, 2024?

Yes. Refunds and cashback deposits are allowed.

*I have a wallet from Paytm Payments Bank. Can I close this wallet and transfer the balance to my bank account of another bank?

Yes. You can contact Paytm Payments Bank or use its banking app to close your wallet and transfer the balance to an account maintained with another bank in case of a complete KYC wallet. In case of Minimum KYC Wallet2 you can utilize the available balance or request for a refund.

1) As per extant instructions, Small Pre-paid Instruments (PPIs) are issued by banks and non-banks after obtaining minimum details of the PPI holder. These can only be used to purchase goods and services. Fund transfer or cash withdrawal is not permitted from such PPIs.

2) As per extant instructions, Small Pre-paid Instruments (PPIs) are issued by banks and non-banks after obtaining minimum details of the PPI holder. These can only be used to purchase goods and services. Fund transfer or cash withdrawal is not permitted from such PPIs.

FASTag issued by Paytm Payments Bank (For more information on FASTag you can visit ISMCL website https://ihmcl.co.in)

*I have FASTag issued by Paytm Payments Bank. Can I continue using it for toll payment after March 15, 2024?

Yes. You can continue to use your Fastag to pay toll till the available balance. However, no further funding or top up will be allowed on FASTags issued by Paytm Payments Bank after March 15, 2024. It is suggested that you purchase a new FASTag issued by another bank before March 15, 2024 to avoid any inconvenience.

*I have FASTag issued by Paytm Payments Bank. Can I recharge the balance after 15th March 2024?

No, after March 15, 2024, you will not be able to top-up or recharge your FASTag issued by Paytm Payments Bank. It is suggested that you purchase a new Fastag issued by any other bank before March 15, 2024 to avoid any inconvenience.

*Can I transfer the balance from my old FASTag issued by Paytm Payments Bank to a new FASTag obtained from another bank?

Credit balance transfer facility is not available in FastTag product. Therefore, you have to close your old FASTag issued by Paytm Payments Bank and request for a refund from the bank. National Common Mobility Card (NCMC) issued by Paytm Payments Bank.

*I have NCMC card issued by Paytm Payments Bank. Can I continue using it after March 15, 2024?

Yes. You can continue to use your NCMC Card up to the available balance. However, you will not be able to load or top up funds on the card after March 15, 2024. To avoid inconvenience, it is suggested that you obtain an NCMC card issued by another bank or a non-bank pre-paid instrument. PPI) issuer, before March 15, 2024.

*I have NCMC card issued by Paytm Payments Bank. Can I add its balance through top-up, recharge etc after March 15, 2024?

No, after March 15, 2024, you will not be able to top-up or recharge your NCMC card issued by Paytm Payments Bank. To avoid inconvenience, it is suggested that you obtain an NCMC card issued by another bank or non-bank pre-paid instrument (PPI) issuer before March 15, 2024.

*Can I transfer the balance from my old NCMC card issued by Paytm Payments Bank to a new card obtained from another bank?

Balance transfer facility is not available in NCMC Card. Therefore, you can use the card up to the available balance. If you have some more balance that you have not been able to utilize, you can request Paytm Payments Bank for a refund.

Merchants are using Paytm Payments Bank to receive payments.

*I am a merchant and I accept payments using Paytm QR Code, Paytm Soundbox or Paytm POS terminal linked to another bank account (not from Paytm Payments Bank). Can I continue using this set-up after March 15, 2024?

Yes. If your receipt and transfer of funds is linked to a bank account other than Paytm Payments Bank, you can continue to use this arrangement even after March 15, 2024.

*I am a merchant and I accept payments using Paytm QR Code, Paytm Soundbox, Paytm POS Terminal linked to my bank account or wallet with Paytm Payments Bank. Can I continue using this set-up after March 15, 2024?

No, after March 15, 2024, you will not be able to receive any credit from Paytm Payments Bank in your bank account or wallet other than refund, cashback, sweep-in from partner banks or interest. To avoid any inconvenience or disruption, it is suggested that you can get a new QR code linked to the account of another bank or wallet to receive the payment. You can also change your bank account details (in which you receive payments) through your service provider.

Bharat Bill Payment System (BBPS)

*Can I make payment through Bharat Bill Payment System (BBPS) using my account in Paytm Payments Bank?

Yes. You can continue to make payments from your Paytm Payments Bank account through Bharat Bill Payment System up to the balance available in your account. Since you will not be able to deposit any more funds into your accounts or wallet with Paytm Payments Bank after March 15, 2024, it is advised that you make alternative arrangements for BBPS from another bank account before March 15, 2024. can do.

Aadhaar Enabled Payment System (AEPS)

*Can I make withdrawals from my Paytm Payments Bank account with biometric authentication under Aadhaar enabled payment system?

Yes. You can continue to withdraw using AEPS authentication, up to the available balance in your account.

Money transfer through UPI/IMPS

*Can I transfer my money to my Paytm Payments Bank account through UPI/IMPS after March 15, 2024?

No, you cannot transfer money to your Paytm Payments Bank account after March 15, 2024.

*Can I withdraw my money from my Paytm Payments Bank account through UPI/IMPS after March 15, 2024?

Yes. You can withdraw your money from Paytm Payments Bank account through UPI/IMPS up to the balance available in your account.

Paytm Payments Bank Business Correspondent

*I have an account in Paytm Payments Bank. Can Paytm Payments Bank Business Correspondent (also known as Paytm Payments Bank Agent) help me to withdraw funds from my account after March 15, 2024.

Yes. Paytm Payments Bank Business Correspondent (Bank Agent) can help you withdraw money from your bank account up to the available balance in your account.

Accounts frozen, marked as liens, etc.

*What will happen to my Paytm Payments Bank account/wallet if it is marked with a lien or freeze on the instructions of law enforcement or judicial authorities?

Any lien or freeze (full or partial) marked on the Customer’s account/wallet with Paytm Payments Bank in accordance with the directions of any law enforcement or judicial authorities shall continue to be governed by the orders passed by such authorities.

*What will happen to my Paytm Payments Bank account/wallet if it is marked with lien or freeze due to Paytm Payments Bank’s internal policies?

The Bank is instructed to allow withdrawal or transfer to any other bank account up to the balance available in the customer’s account/wallet.

Adding new customers

*What is the status of the business restrictions imposed on Paytm Payments Bank vide RBI press release dated March 11, 2022?

The business restriction of March 11, 2022, barring Paytm Payments Bank from onboarding any new customers for any of its services, will remain in force. Therefore, Paytm Payments Bank cannot add any new customers after March 11, 2022.

The post RBI FAQs for Paytm Payments Bank customers and all you need to know appeared first on Janmat Samachar.

Punjab Cabinet Minister, Anmol Gagan Maan will inaugurate the Punjab
Pavilion where stalls of various departments and institutes including
Markfed, Verka, PSIEC-Invest Punjab, Punjab Tourism, Punjab Agriculture
University Ludhiana, Department of Science, Technology and Environment,
and Punjab Pollution Control Board have been set up to showcase the
state`s culture, heritage, industrial growth, agricultural innovations and
handicraft as well as related products. The theme of this year is
'Vasudhaiva Kutumbakam – Unity through Business'.

A spokesperson of the Punjab Government revealed that the officials
deputed by various departments at the stalls have been informing visitors
about the various progressive and pro-people initiatives of the state
government led by Punjab Chief Minister Bhagwant Mann.

The spokesperson further informed that renowned Punjabi singer Afsana
Khan will perform during the cultural leg of the Punjab Day function.

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Addressing the conference on ‘Climate Smart Agriculture’ organized by FICCI, Mr Kumar emphasized the importance of adopting green warehousing practices in his address. Mr Kumar that “To achieve the goal of climate-smart agriculture, we must first ensure uniform and government-enforced standards across the warehousing sector. The Warehousing Development and Regulatory Authority (WDR) plays a pivotal role in this process by registering warehouses that issue negotiable warehouse receipts.” Mr Kumar further emphasized, “Grain storage forms a vital link in climate-smart agriculture, ensuring efficient and sustainable storage practices, reducing waste, and safeguarding the environment for a resilient agricultural future.”

Dr V N Kale, Additional Commissioner (M&T), Ministry of Agriculture and Farmers Welfare, GoI today said, “The government is deeply committed to promoting sustainable and climate-smart agriculture.” Highlighting the significance of farm mechanization, Dr Kale stated that “Farm mechanization plays an important role in promoting Climate Smart Agriculture. Without farm mechanization, we can’t think about climate-smart agriculture.”

Dr Manoj Mishra, National Policy Advisor, FAOsaid, “The Climate Agriculture has integration to food systems. An investment in climate resilient Agri food systems drive enhancing solutions for Climate Smart Agriculture.”

Dr A Velmurugan, ADG (Soil & Water Management), ICAR said, “Any climate change technology that has to be inclusive, should be farmers oriented. We have to look out for the climate technologies starting from different varieties, different land management, water use efficiencies.”

Ms Amee Misra Senior Economist and head of Policy, UNDP India said, “If you look at the Indian agriculture, more than 50 per cent of the population is either directly or indirectly involved or dependent on agriculture and any kind of climate variability or extreme events have consequences not just for agricultural production and productivity, but food security in the country as well.”

Ms Anuja Kadian, Chair, FICCI taskforce on Sustainable Agriculture and Government & Industry Affairs Director, Asia Pacific, Corteva Agrisciencessaid, “Farmer-centric approach, impactful partnerships, and crop science innovation based on the predictable science-based ecosystem are crucial, at a time when India is championing sustainable agriculture development at the global stage.”

Dr Bharat Sharma, Scientist Emeritus (Water Resources), International Water Management Institute (IWMI) said, “In the fields of change, India sows the seeds of resilience with its Climate Smart Agriculture framework.”

Dr Ajeet Singh Nain, Professor & Director Research, Govind Ballabh Pant University of Agriculture & Technology said that sustainable agriculture cannot be achieved without Climate Smart Agriculture.

The post Green Warehousing or Climate smart warehousing is the cornerstone of Sustainable Agriculture: Chairman (WDRA), Ministry of Food & Public Distribution, GoI   appeared first on Janmat Samachar.

Addressing the knowledge sharing session ‘Harnessing Agriculture’s Potential- 2035’, organized by FICCI, Mr Kumar stated that earlier the government had a production centric approach in the agriculture sector but now we focus on the entire value chain. Every country across the world is embracing newer technology, following innovative ways to build a strong agriculture value chain. “By adopting these measures along with the collective efforts of all stakeholders, we can make Indian agriculture sector more robust, resilient, climate smart to match the global standards,” he added.

To promote infrastructure in the agriculture sector, Mr Kumar said that the government introduced agriculture infrastructure fund scheme. “Till date, close to Rs 30,000 crore has been disbursed for these projects and this in turn has brought in investments around Rs 50,500 crore. This is going to change the landscape of the agriculture sector in the country as it is through infrastructure only that we can address the other inefficiencies in the supply chain,” he added.

Speaking on the issue of institutional credit for farmers, he said that it is one of the focus areas of the government. “A robust value chain would ensure that the loss suffered by a farmer should be minimal and evitable including farm or operational loss,” said Mr Kumar.

He stated that technology penetration in agriculture sector is least as compared to other sectors like education, health, etc., and there is scope to further enhance technology adoption through AI, ML, deep learning. “The Ministry is using these technology tools to develop a few applications including capturing innovations at the farm level, digital crop survey along with creating the agri-stack,” emphasized Mr Kumar.

 Mr Sanjiv Kanwar, Managing Director, YARA South Asia said, “The agri-channels who have been in this space for over 50 years are the original start-ups of Indian agriculture- they believed in the future of Indian agriculture and committed themselves to making India self-sufficient by serving farmers with right agri inputs and technology support. Channel partners must be recognized for providing the last-mile connectivity from lab to land. Through this knowledge sharing session, I congratulate all the channel partners for their commitment and consistency in serving the rural India for over the past 5 decades. Their contribution to the nation’s agricultural growth has been highly appreciable. They have conducted business with a strong sense of purpose serving farmers through the thick and thin over several years to become successful and profit making.”

Mr Siraj Hussain, Advisor, FICCI and Former Secretary, Ministry of Agriculture & Farmers Welfare and Ministry of Food Processing Industries, Govt of India said, “FICCI is thrilled to have partnered with Yara India for this knowledge-sharing event, ‘Harnessing Agriculture’s Potential – 2035’. This partnership opens doors to explore needs of input dealers and channel partners. They play an important role in communicating to farmers the advancements in use of inputs.  They enable robust relationship between Indian farmers and emerging scientific technologies.”

 Mr Ajai Rana, CEO, Savannah Seeds Pvt Ltd said that we can improve our farm production by utilizing high-quality seeds, proper crop nutrition, and efficient mechanization in the farming process.

 Mr Kaushal Jaiswal, Co-Chairman, FICCI National Agriculture Committee and MD, Rivulis Irrigation India Pvt Ltd said with so much potential in the agriculture sector, it becomes imperative that the Agri channel partners are suitably identified, supported and handheld so as to mainstream them for the long run.

 Mr Deepak Verma, Domain Lead- Agriculture, ONDC (Open Network for Digital Commerce) said that ONDC brings all technology providers on one platform to provide unified solutions to the end user.

 Mr Arvind Chaudhary, Director General, Fertilizer Association of India said that there is a need to create awareness about balance use of fertilizers in farming. “It is important to conduct soil testing in order to determine the appropriate amount and type of fertilizer needed for optimal crop growth,” he added.

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Addressing the Department of Chemicals & Fertilizers and FICCI’s 3^rd edition of ‘Global Chemicals & Petrochemicals Manufacturing Hubs in India’, Dr Singh said, “In the last 10 years, the bioeconomy has grown from $10 billion to currently $80 billion and it is expected to reach $100 billion by 2025. We need to now understand the importance of bioeconomy. Biological sources will be key to the petrochemicals sector including bio-based chemicals, biofuels which will result in waste to wealth of circular economy,” he added.

 Highlighting the importance of skilling in the CPC sector, Dr Singh stated that the right kind of ecosystem can only be created if each one of us considers himself to be a stakeholder. “Skill, innovation and R&D are at the heart of every new initiative taken by the government. Even the industry needs to adopt these in order to be sustainable and grow,” he added.

The Minister also underscored the need for involving the industry from the beginning for any project or program. It is important aspect for sustainability as the next stage will be focus on sustainable economy as India is working towards achieving the target of net zero by 2070. “We (India) have to live with the global parameters, and we are looking forward to assuming a global role,” noted Dr Singh.

 Mr Arun Baroka, Secretary (Chemicals and Petrochemicals), Department of Chemicals & Petrochemicals, Govt of India said that CPC sector is expected to reach $1 trillion by 2040, and it is the building block for the manufacturing sector. We are creating a facilitating environment for industry and a positive eco-system is created by deregulating the sector and supporting through PCPIR schemes, he added.

Mr Atul Kumar Tiwari, Secretary, Ministry of Skill Development and Entrepreneurship, Govt of India said there are new courses which the Ministry is planning to launch for skilling and upskilling. Recycle, repurpose, reuse and Industry 4.0 are a few areas in the CPC sector which require fresh course. He also urged the industry to come forward in identifying the new courses required to support the skilling process including customized training programs, he added. 

Mr Shailesh K Pathak, Secretary General, FICCI delivered the vote of thanks.

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New Delhi: India Post signed an MoU with Confederation of All India Traders (CAIT) and Tripta Technologies in the presence of Minister of State for Communications, Shri Devusinh Chauhan here today. The MoU facilitates operationalisation of a portal called ‘Bharat EMart’, which will provide the facility of pick-up of consignments from the premises of traders and will ensure delivery at the doorsteps of the consignees across the country. It is believed that it will benefits eight crore traders associated with CAIT.

India Post in the recent past has entered into similar agreements with Government e-Marketplace (GeM), Regional Centers of Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), to provide pick-up and delivery of parcels at the doorsteps of the consignees. Shortly, India Post will onboard itself on the Open Network for Digital Commerce (ONDC) platform, being developed by Ministry of Commerce as a logistics service provider.

Speaking on the occasion, Minister of State for Communications mentioned that Department of Posts has transformed itself with the passage of time and demands of public. Technology induction and addition of new services have made India Post a modern and multiple service providers. Today, it provides banking, insurance, and the last mile delivery of benefits of several welfare schemes run by the Government to every village through its network of 1.59 lakh Post Offices.

Shri Devusinh Chauhan said, “Prime Minister Shri Narendra Modi has been working tirelessly for women’s empowerment. The Department of Posts has been playing very important role in realising this dream. Sukanya Samridhi Scheme is among the best performing programmes of the Government which provides the financial security to girl child.” Mahila Samman Bachat Patra, which provides unparallel 7.5 per cent interest rate on deposits by the women, has been proving to be a very popular scheme.

Minister of State for Communications recalled the yeoman service provided by the Department of Posts during Covid-19 pandemic. He said that the Department converted calamity into opportunity by introducing digital payments and online service through technology induction. They, in true spirit, worked on the motto of “Aapda se Avsar” which has been inspired by Prime Minister Shri Narendra Modi.

“Prime Minister Shri Narendra Modi has given a clear mandate to Department of Posts to formulate such inclusive and citizen centric policies which would transform the life of every citizen in every village.  Every policy and action, including today’s event, of the Department is guided by above principle, Shri Devusinh Chauhan added.

The Minister expressed hope that the MoU with CAIT and Bharat e-Mart would provide much needed logistics support to small traders in the country which would increase their businesses and also the opportunities for employment.

Shri Vineet Pandey, Secretary (Posts); Shri Alok Sharma, DG Postal Services; Shri Praveen Khandelwal, Secretary General, CAIT and Shri B C Bhartia, MD, Tripta Technologies and other senior officials were also present on the occasion.

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The Defense Ministry says that during the talks, the co-chairs will review defense cooperation between the two countries and discuss new initiatives to further strengthen bilateral relations. The two sides will also exchange views on regional and global issues of common interest. As part of her visit, the Special Secretary will also call on General Sanichnog Sangkachandra, Permanent Secretary, Ministry of Defense of Thailand.

The Ministry of Defense believes that India and Thailand share a strategic partnership and defense is a key pillar of this cooperation. Bilateral defense ties have expanded to include extensive interactions between the two countries, including defense dialogue meetings, military exchanges, high-level visits, capacity-building and training programs, and bilateral exercises.

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