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Mahesh

08/06/22 08:19 AM IST

NETRA (New e-Tracking and Remote Administration)’ Portal

In News 
  • Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman will launch the Iconic Day celebrations of the Department of Economic Affairs at Vigyan Bhawan, New Delhi.

Market Ka Eklavya
  • NSDL’s outreach initiative ‘Market Ka Eklavya – Express’, a programme specially designed to introduce students to the basics of investing and financial markets will be screened during the event.
  • ‘Market Ka Eklavya – Express’ lays the foundation of the twin pillars of Financial Independence, namely, Financial Awareness and Financial Discipline in a simple language using relatable examples from everyday life to explain complex concepts.
NETRA
  • The New E-tracking and Remote Administration (NETRA) platform has been developed with the objective of efficient management and monitoring of the LOC and Concessional Finance Projects extended by Export-Import Bank of India.
  • NETRA is developed to further enhance the speed of delivery of the LOCs by capturing project specific developments that offers need based access to key Indian stakeholders, including the Indian Missions abroad.
  • The platform will facilitate in the implementation cycle, project monitoring and reporting by providing all relevant information to the key Indian stakeholders in an automated environment. 
IDEAS
  • Government of India offers concessional terms of credit to developing countries with the aim to generate goodwill, strengthen long term partnerships and share India's expertise in project planning, design and implementation in diverse areas of socio-economic development.
  • Under the Indian Development and Economic Assistance Scheme (IDEAS), the Export-Import Bank of India (Exim Bank) extends concessional credit to partner countries aimed at sharing India’s development experience by way of infrastructure development, trade, capacity building and skills transfer.
  • Till date, Exim Bank has offered concessional credit aggregating USD 33.56 billion to 66 countries spanning across Africa, Asia, Latin America Oceania and the CIS region.
Source- PIB 

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