The government has set the loans disbursement target under the PM Mudra Yojana (PMMY) at Rs 3 trillion for 2021-22 (FY22). This target is lower than the previous year. For FY21, the target was set at Rs 3.21 trillion.
USA has approved the sale of Harpoon Joint Common Test Sets to India worth USD 82 million. Harpoon is an all-weather, over-the-horizon, anti-ship missile system.
The Union Cabinet has approved a Memorandum of Understanding (MoU) between the Indian Institute of Space science and Technology (IIST) and the Netherlands' The Delft University of Technology (TU Delft) for research collaboration.
DBS has been honoured as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker, in its 2021 Innovation in Digital Banking Awards.