The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
India will be sending five indigenous LCA Tejas fighter aircraft to participate in the Cobra Warrior exercise in the United Kingdom. A C-17 aircraft will also go along to provide transport support.
The total outlay of "Rashtriya Yuva Sashaktikaran Karyakram for the next five years will be Rs 2,710.65 crore. The scheme is the flagship Central Sector Scheme of the Ministry of Youth Affairs and Sports.