The Union Cabinet chaired by Prime Minister Narendra Modi approved an interest subvention of 1.5 percent per annum on short-term agriculture loans up to Rs 3 lakh to ensure "adequate credit flow in the agriculture sector".
The Nilekani Centre at AI4Bharat was established by the Indian Institute of Technology (IIT) Madras to advance the state of Indian language technology and make a positive social impact.
The Reserve Bank of India (RBI) published an article titled "Privatisation of Public Sector Banks: An Alternate Perspective" in the August 2022 issue of its bulletin.