Category: Business

  • 3day G-Sparc 2024 concluded

    Hyderabad, October 05, 2024:  The three-day Global South Conference on Infection Prevention, Control and Antimicrobial Stewardship(G-SPARC)-2024 which is being attended by well over 2000 delegates concluded on Saturday evening.

    G-SPARC 2024, Hyderabad Declaration and Two White papers on AMR and State Action Plans and Oral Health and AMR Declaration unveiled. Seen are Govind Hari, Ranga Reddy and others_pic 8

    Prof. GVS Murthy, President, PRASHO; R Govind Hari, Chairman, PRASHO; Dr. Ranga Reddy Burri, Chairman G-Sparc; Dr. Raghu N Reddy, Co-Chair of G-Sparc and Continental Hospitals; Dr. Shamanna, Professor, University of Hyderabad; Sri. B J Rao, Vice Chancellor, University of Hyderabad; Mr. Gareth Wynn Owen, Deputy High Commissioner, UK Consulate, Hyderabad and Mr. Nkwan Jacob Gobte, Honorary Secretary, ICAN graced the closing function

    R Govind Hari, Co-Chair, G-SPARC 2024 gave a welcome address.

    The organisers have unveiled G-SPARC 2024, Hyderabad Declaration. Two White papers on AMR and State Action Plans for containment in India and Oral Health and AMR Declaration. It presented 21 recommendations in its Hyderabad Declaration. The following are a few highlights of the 21 recommendations.

    Awards was presented to five leaders in AMR and IPC. Seen in the pic is Prof. Chedili Azzouz, Chairman, ICAN seen receiving the award. Also seen ar Ranga Reddy, Govind Hari and others_pic 2

    The declaration said AMR is a manmade disaster and has to be fought by concerted action.

    Countries must institute effective and efficient surveillance and monitoring mechanisms.

    Strong collaborations must be forged between Global South countries. The countries must support each other and stop the emergence of AMR and newer strains.

    All countries in the global south must articulate strategies and action plans to combat AMR.

    The high-income countries in the world should allocate a healthy proportion of their GDP to help Global South countries to fight AMR.

    To see that at least 60% of countries have funded national action plans on AMR by 2030.

    The Global Anti-Microbial Resistance Multi-Partner Trust Fund mooted by the UNGA (United Nations General Assembly) should prioritize countries of the Global South.

    UNGA should target that at least 70% of Antibiotics used for Human Health globally should belong to the WHO Access Group Antibiotics with relatively minimal side effects and potential to cause AMR.

    The One Health approach should be the cornerstone of all AMR activities.

    Adequate funding should be earmarked for awareness campaigns

    It strongly recommended that across the Global South, no Antibiotics including topical preparations should be dispensed without a qualified health practitioner’s prescription

    G-Sparc calls for India’s remaining g states and union territories to develop and implement state-level Action Plans by 2026.

    Every health facility must have an Infection, Prevention, Control and AMR committee

    Community engagements are critical in reducing AMR and improving IPC practices.

    During the closing ceremony, three MoUs were signed and exchanged.

    One MoU was signed and exchanged between PRASHO & Oxford Brookes to Design and Offer Academic Programs to improve public health capacity including in WASH, IPC & AMS. The MoU was exchanged between Dr. Sarah Howcutt, Lead of Public Health & Sri. R Govind Hari, Chairman, PRASHO.

    The second MoU was between SCIINV from Telangana, India & Microbira UK. Two prominent startups who are building digital tools for improving AMR diagnostic capacity to form a Joint Venture to jointly invest & further develop tools for containment of AMR. Dr. Marianne Ismail of Microbira, Dr. Ratnakar, Dr. Pradeep and Mr. Krishna Burri from SCIINV participated and exchanged the MoU.

    The 3rd MoU was signed between ICAN & IFCAI, for a deeper collaboration for improving policy and practices of IPC and AMS in Global South. Prof. Chedli Azouzz and Prof. Ranga Reddy Burri exchanged the MoU.

    Awards were presented to five leaders in AMR and IPC (Infection Prevention Control) and Three hospitals for best practices in AMR. They include Prof. Purva Mathur – AIIMS Delhi; Prof. Chedili Azzouz, Chairman, ICAN; Dr. Anuj Sharma – WHO India Country Office; Ms. Shailaja Teacher – fomer. Health Minister Kerala. She was not present in person to receive the same. Dr. Annie Thakore received the Award on her behalf.

    The other recipients were Prof. Shaheen Mehtar – South Africa. Mr. Nkwan Jacob Gobte, Honorary Secretary, ICAN received her behalf.

    Awards for excellence in the IPC & AMS Hospitals category were presented to AIIMS, Delhi, Dr. Purva Mathur received the award; Continental Hospitals, Dr. Guru N Reddy received the award and Pranaam Hospitals, Dr. Maneesh Gour received it on behalf of the hospital.

    The objective of the conference was to provide a platform for Infection Prevention and Control (IPC), Antimicrobial Resistance (AMR), and Patient Safety stakeholders from Global South.

    G-Sparc was organized by the Infection Control Academy of India (IFCAI); University of Hyderabad (UoH); Pragyaan Sustainable Health Outcomes Foundation (PRASHO)


    Neel Achary

  • NCRTC started trial run of Namo Bharat train on this route, these routes will be covered

    Taking another important step towards building India’s first Regional Rapid Transit System (RRTS), NCRTC today started trial runs between Sahibabad-New Ashok Nagar section of the Delhi-Ghaziabad-Meerut RRTS corridor. This is a major milestone as the Namo Bharat Train is now entering Delhi, connecting the Delhi section of the corridor with the already operational Sahibabad- Meerut South section.

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    Namo Bharat train driven manually, high speed test planned

    In this trial of the Regional Rapid Transit System (RRTS), the Namo Bharat train was run manually to check the compatibility of the civil structure. As the trial progresses, the NCRTC will conduct a comprehensive evaluation to assess the integration and coordination of the train with various subsystems such as track, signaling, platform screen door (PSD) and overhead power supply system. Along with this, extensive trial runs including high-speed tests of the train are planned in the next few months.

    The length of the section is 12 km, two RTS stations in Anand Vihar and New Ashok Nagar

    The length of this section from Sahibabad to New Ashok Nagar is about 12 km. Anand Vihar and New Ashok Nagar are the two RRTS stations in this section. After the operation of this section, Namo Bharat Train service will be available for passengers from New Ashok Nagar to Meerut South. After which passengers will be able to reach New Ashok Nagar to Meerut South and Meerut South to New Ashok Nagar Delhi seamlessly and at a fast speed in less than 40 minutes.

    RRTS will be connected to two metro lines

    Anand Vihar RRTS station will be one of the most crowded passenger transit hubs on the corridor. The station is connected to two metro lines (Blue and Pink), Anand Vihar Railway Station and two ISBTs – one towards Delhi and the other towards Kaushambi in Uttar Pradesh. Hence, it witnesses a huge crowd of passengers on a daily basis. NCRTC is ensuring seamless integration of Anand Vihar RRTS station with these various transit modes to provide better convenience and accessibility to passengers, making it a model of multi-modal integration.

    Photo over bridge will be prepared

    The New Ashok Nagar RRTS station is located less than 100 metres from the New Ashok Nagar Metro station. To integrate these two modes of transport, NCRTC is constructing a foot over bridge (FOB) to connect the concourse level of the Metro station to the concourse of the RRTS station. Additionally, to facilitate access to the New Ashok Nagar RRTS station, two more FOBs are being constructed, one towards Chilla Village and Mayur Vihar Extension and the other near the ancient Shiv Mandir. These FOBs will provide easy access to the residents of New Ashok Nagar to commute to the station.

    A total of nine stations will be included from Sahibabad to Meerut South

    NCRTC has recently won top honors among various international participants at the UIC Sustainability Impact Awards 2024 in Germany. These include two awards, the Best Transit Award for Seamless Connectivity and the prestigious Overall Winner Award. Currently, Namo Bharat Train services operate in a 42 km section from Sahibabad to Meerut South. This section includes a total of nine stations namely Sahibabad, Ghaziabad, Guldhar, Duhai, Duhai Depot, Muradnagar, Modi Nagar South, Modi Nagar North and Meerut South.

    These RRTS stations will be in Delhi section

    With the introduction of Namo Bharat trains from Sahibabad to New Ashok Nagar, the length of the operational section of RRTS will increase to 54 km, with 11 RRTS stations. The Delhi section has three RRTS stations, New Ashok Nagar, Anand Vihar and Sarai Kale Khan. The section between New Ashok Nagar and Sarai Kale Khan station is in the final stages of construction and track laying activities are in progress. Once the entire 82 km corridor is operational by the targeted deadline of June 2025, passengers will be able to travel between Delhi and Meerut in less than an hour.

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  • India created 1.7 Cr or 36% jobs between 2016-17 and 2022-23: Centre

    Improvement in employment rates and record foreign exchange reserves have further strengthened India's economic position

    Employment in India up 36 pc with 17 mn jobs between 2016-17 and 2022-23IANS

    Contrary to the claims of “jobless growth,” the latest government data shows that employment in India increased by 36 per cent (17 million jobs) between 2016-17 and 2022-23.

    During the same period, the gross domestic product (GDP) grew at an average rate of over 6.5 per cent.

    Employment data from the Reserve Bank of India’s KLEMS database, which relies on surveys like the Employment and Unemployment Survey (EUS) and Periodic Labour Force Survey (PLFS), indicates a steady rise in employment since the 1980s, according to the Ministry of Labour and Employment.

    “India has witnessed significant employment growth over the years. India’s economic trajectory demonstrates sustained job creation across key sectors. With a robust democracy, dynamic economy, and a culture that celebrates unity in diversity, India’s journey toward becoming a global powerhouse continues to inspire the world,” said the ministry.

    The PLFS data from 2017 to 2023 also suggests that Worker Population Ratio (WPR) has increased by 9 percentage points or almost 26 per cent during this period.

    Therefore, the rhetoric of “joblessness” really does not hold water in terms of cross-comparison of databases, the ministry noted in a statement.

    Dr. Reddy's Laboratories leverages strategic collaborations for access, growth and Innovation

    Real GDP has been estimated to grow by 8.2 per cent in FY 2023-24 as compared to the growth rate of 7 per cent in FY 2022-23IANS

    Moreover, the growth has been driven by consumption, which is closely tied to employment. A rise in consumption implies that employment generation is occurring, as consumption would decline if employment were predominantly in unpaid or low-wage jobs.

    As per the ministry, “employment elasticity” is a rational measure for checking the causal relation between growth and employment generation in an economy.

    The estimates, based on a linear econometric model, show that for the period 2017-23, there was a 1.11 per cent increase in jobs for a per cent increase in value added.

    Also, the labour-capital ratio in the economy as a whole is around 1.11 and that for the services sector is 1.17.

    “Thus, the supply-side argument that services fail to generate jobs due to their low labour intensity is not corroborated by these observations—rather it is the other way around. Hence, from both the supply- and demand-side, India’s economic orientation is inconsistent with any form of joblessness,” the ministry emphasised.

    The country’s economic performance in FY 2023-24 reflects robust growth.

    Real GDP has been estimated to grow by 8.2 per cent in FY 2023-24 as compared to the growth rate of 7 per cent in FY 2022-23.

    Moreover, nominal GDP has witnessed a growth rate of 9.6 per cent in FY 2023-24 over the growth rate of 14.2 per cent in FY 2022-23.

    (With inputs from IANS)

     

  • Electricity Smart Meter: Electricity company has changed its strategy regarding installation of smart pre-paid meters.

    The electricity company has changed its strategy regarding the installation of smart prepaid meters. Now smart prepaid meters will not be installed forcibly in rural areas. If there is opposition to the installation of smart prepaid meters in any area, then many officials of the electricity company will go there.

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    The misconceptions about smart prepaid meters will be cleared. Officials from the headquarters have visited many places in this regard. The focus of the electricity company is now on clearing the misconceptions related to smart prepaid meters.

    Meter readers will go door-to-door to recharge smart prepaid meters in villages
    According to the official information received from the electricity company, smart prepaid meters will be recharged from house to house in villages. The concerned official of the electricity company said that it was being said that a large number of people living in the village are elderly people who do not have a smart phone.

    Even if they have a smart phone, they face technical problems in recharging it using the electricity company’s app. In such a situation, it has been arranged that the meter reader of that area will go to their house and recharge the phone.

    Apart from this, arrangements have been made to recharge the smart prepaid meters in all the panchayats. The villagers are already identified with the meter readers.

    The pace of installation of smart prepaid meters has slowed down a bit
    According to the information received from the electricity company, the pace of installation of smart prepaid meters has been a little slow in the last two-four days. On an average, four thousand smart prepaid meters are installed in a day. Currently, this pace is between two to three thousand. Officials of the electricity company say that this pace will increase soon.

    In the rural areas of Patna district, the situation is fine in Fatuha and Naubatpur. There is some problem due to flood. Some areas are facing some problems due to waterlogging.

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  • Gold prices skyrocket amid Middle East tensions as Iran-Israeli War looms larger

    gold

    Gold prices soar amid heightened tension in Middle EastIANS

    Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers position intact even after prices were overbought.

    Gold prices experienced a minor increase on Saturday as the cost of 24 carat gold was Rs 7,785.3 per gram in the morning trade, reflecting an increase of Rs 120. The cost of 22 carat gold was Rs 7,138.3 per gm, an increase of Rs 110 from Friday.

    According to Narinder Wadhwa, Managing Director at SKI Capital Services Ltd, in times of geopolitical instability, particularly in the Middle East, gold often serves as a safe haven, while crude oil prices react sharply to concerns over supply disruptions.

    “The uncertainty fuels a flight to safety in gold and drives energy markets to speculate on potential oil shortages, making both commodities a barometer of global risk sentiment,” said Wadhwa.

    Trade analysts anticipate that continued easing of interest rates will keep gold buyers interested.

    However, gold prices dropped by 0.2 per cent to $2,649.69 per ounce globally, as US job growth increased in September as the unemployment rate slipped to 4.1 per cent. US markets closed higher on Friday after a stronger-than-expected jobs data.

    Gold Price

    Trade analysts anticipate that continued easing of interest rates will keep gold buyers interestedIANS

    According to analysts if geopolitical conditions turn further unfavourable over the weekend, gold prices could further accelerate.

    Amid the volatility in global markets, including in India, market watchers have advised investors to stay calm as the situation is likely to improve soon.

    Stock investors are monitoring the escalating conflict in the Middle East. The pessimism on the market is expected to continue in the near term amid rising crude prices and fund flows to cheaper markets like China.

    (With inputs from IANS)

     

  • Elpro Energy installs one-of-a-kind smart bus stop in Bengaluru, to add 1500 more across India with 700 Cr investment.

    The latest installation comes right after the firm established India’s first smart bus stop at ELCITA

    India, 5th October 2024 – Elpro Energy Dimensions, a pioneer in innovative energy solutions, today announced that they have installed a cutting-edge smart bus stop at Nrupathunga Road, Bengaluru, inaugurated by Dr. Ramalinga Reddy, honourable Minister of Transport and Muzrai, Government of Karnataka. The firm also aims to install more than 1500 smart bus stops across the country by 2026 with an investment of INR 700 Cr in a comprehensive approach to upgrade India’s smart mobility and general smart infrastructure. This development also marks a significant step in the company’s mission to transform urban mobility and promote corporate social responsibility.

    Inauguration by Dr. Ramalinga Reddy is an Indian politician who is the Transport Minister and Muzrai Minister of Karnataka

    This development comes after Elpro Energy established India’s first smart bus stop at ELCITA. The new-age smart bus stop directly translated into the firm registering remarkable scalability and growth, on the back of corporations seeking to replicate similar installations as part of their CSR initiatives. The latest smart bus stop installation at Nrupathunga Road, commissioned under the Sapiens CSR initiative and sponsored by the Shilpa Foundation, highlights the company’s dedication towards creating sustainable and socially responsible infrastructure.

    Mr. Ramesh Singh, CEO of Elpro Energy, shared his insights over the recent installation, saying, “Our long-term vision is to supplement India’s bid to become energy sufficient through sustainable energy. The impact of the latest installation in Bengaluru is far from limited to the location, as we take the first step towards accountability and transition towards clean energy. Innovation and originality drives this technology to accumulate success and we remain confident that it will act as a critical enabler to assisting the city in hosting a more sustainable and environmentally friendly public transportation system.”

    This significant development also highlights hours of innovation and excellence by the firm’s R&D Directors, Mr. Nitin and Nalin Kanshal, who along with his team played a crucial role in designing and developing the smart bus stop’s cutting-edge features. The extensive array of smart features at the installation has been designed to offer a safer and more convenient commute. The features include a sanitary pad vending machine, Wi-Fi, AI surveillance Camera, a real-time digital information display and a sensor-based dustbin for efficient waste management. The installation also offers additional features like a panic button for emergency purposes to enhance safety and security, along with a backlit banner display for dynamic advertising and messaging. These features not only enhance the overall commuting experience but also prioritize women’s hygiene and safety, aligning with the firm’s CSR goals.

    The latest smart bus stop also highlights Elpro Energy’s CSR initiatives, demonstrating the firm’s commitment to create positive social and environmental impact Through the integration of sustainable energy sources, promoting women’s empowerment, and ensuring commuter safety — the installation sets a new standard for CSR initiatives in India.


    Neel Achary

  • IMD Rain alert: IMD once again issued heavy rain alert in these states, check details here

    New Delhi: The India Meteorological Department (IMD) has predicted widespread rainfall across various regions of India, with heavy rains likely over parts of the east, northeast and southern peninsular regions.

    The forecast highlights moderate to heavy rainfall over these regions in the coming week, with very heavy or extremely heavy rainfall likely over some states.

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    Northeastern states like Assam, Meghalaya and Arunachal Pradesh are on alert for heavy rainfall at isolated places, while southern states like Kerala and south interior Karnataka are also likely to receive widespread rainfall. Meanwhile, northwest, west and central India are expected to remain relatively dry.

    Northeast and East India Weather Forecast

    The Northeast region is likely to receive widespread light to moderate rainfall throughout the week. States like Assam, Meghalaya and Arunachal Pradesh are likely to receive heavy to very heavy rainfall at isolated places on October 4, while some areas may receive extremely heavy rainfall. Sub-Himalayan West Bengal and Sikkim are also likely to receive heavy to very heavy rainfall on the same day.

    Meanwhile, Nagaland, Manipur, Mizoram and Tripura may receive heavy rainfall on October 5, while the rest of the Northeast is likely to receive scattered rains next week. In eastern India, Gangetic West Bengal and Bihar are also predicted to receive heavy rainfall at isolated places on October 5. West Bengal and Sikkim along with Andaman and Nicobar Islands will receive light to moderate rainfall over the next two days, followed by scattered rainfall in the subsequent days.

    South Peninsular India Weather Forecast

    The southern states are preparing for widespread rainfall in the coming week. Kerala, Mahe and south interior Karnataka are expected to receive light to moderate rainfall throughout the week. Tamil Nadu, Puducherry, coastal Karnataka, north interior Karnataka, coastal Andhra Pradesh and Rayalaseema are also likely to receive scattered to widespread rainfall.

    Isolated heavy rainfall has been predicted over Rayalaseema on October 5 as well as over south interior Karnataka from October 5 to 8. Kerala, Mahe, Tamil Nadu and Puducherry are likely to face similar conditions from October 5 to 9.

    Dry conditions over northwest, west and central India

    No significant rainfall is expected over northwest, west and central India next week. These regions will remain relatively dry and clear skies are expected for most of the coming days.

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  • Tyan Anmo Corporation Inc. Introduces the Izzatov Facial Rejuvenation Massage Technique

    Tyan Anmo Corporation Inc. Introduces the Izzatov Facial Rejuvenation Massage Technique

    Deerfield, IL, October 05, 2024 — Tyan Anmo Corporation Inc. to announce the introduction of the “Izzatov” facial massage technique, a non-invasive method created by Aybek Izzatov to enhance facial skin rejuvenation. This method targets the deeper layers of facial tissue, focusing on restoring volume to the aponeurosis and periosteum, helping reduce the signs of aging without the need for surgical procedures or injectables.

    The “Izzatov” technique emphasizes using targeted pressure on key areas of the face to stimulate the bones and underlying tissues, which can diminish in volume as part of the natural aging process. This method is divided into three stages of pressure – deep, moderate, and light – to stimulate blood flow, improve tissue health, and restore skin firmness and elasticity.

    Aybek Izzatov’s Statement

    Aybek Izzatov, creator of the technique and founder of Tyan Anmo Corporation Inc., shares, “After experiencing rapid aging in my late 40s, I developed this technique to naturally rejuvenate my skin. I believe this method provides an effective alternative to more invasive treatments by focusing on restoring the deeper structures of the face, helping people maintain a more youthful appearance.”


    Praveen

  • 2024 World Trade Centers Association Member Forum Assembles in New York City to Empower International Collaboration by ‘Connecting Businesses, Globally’

    2024 World Trade Centers Association

    5th Oct 2024  Mumbai, Maharashtra, India World Trade Centers Association® (WTCA®), an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries, will host its 2024 WTCA Member Forum from October 27-29 in New York City. With the theme PIONEER the Global Network: Pathways for Innovation, Opportunity, Networking, Empowerment, Excellence and Resilience, this year’s event will highlight WTCA’s revitalized brand and the innovative tools that empower its membership. As the association progresses toward its 500-member goal, it is embracing its commitment to adapt to the changing times, foster the next generation of leadership and focus on initiatives to remain at the forefront of local and global economic development.

    The three-day WTCA Member Forum is one of the association’s annual flagship events. Attended by world-renowned trade and real estate development industry experts, and WTCA member businesses, the annual event is set to engage attendees through a series of panels and interactive educational workshops. The event is aimed at equipping WTCA members with the tools needed to navigate an ever-evolving international landscape and uniting the collective members of the WTCA community to shape the organization’s future.

    Particular attention, this year, will be given to the role of Artificial Intelligence (AI) in global trade, addressing generational differences in the workplace, practical skills development, and revenue generation strategies for member companies.

    “The annual Member Forum is more than just a collective gathering – it is a catalyst for growth and innovation within our expansive global network. It also helps us to envision and expand on internal initiatives that build the framework for an even stronger association in the years to come. There are tremendous efforts underway within the association such as our ‘Road to 500’ and Free Trade Zone initiatives, which will undoubtedly bolster the strength and reach of our global network,” said John E. Drew, Chair, Board of Directors of WTCA. “Additionally, as AI is reshaping the future of the global trade industry, this year’s Member Forum will provide a collective opportunity for us to embrace this technology as a valuable opportunity to enhance our collective work in economic development and streamline operations at WTC businesses around the world.”

    The 2024 WTCA Member Forum will also kick off the official countdown to the highly anticipated 55th Annual WTCA Global Business Forum, which will be hosted April 6-9, 2025 by WTC Marseille Provence in Marseille, France.

    Crystal Edn, WTCA’s Executive Director of Member Services, shared, “Each year, our annual Member Forum brings remarkable new partnerships, ideas and opportunities for our global WTCA members. Our goal for this year’s event is to spark ongoing conversations that extend well beyond the Forum. The gathering of our members not only highlights their achievements, but also strengthens the role of our network in innovating the future of international trade by ‘Connecting Businesses, Globally’.”

    The 2022 and 2023 Member Forums united over 140 WTCA member businesses from 50+ countries and territories. This year, it will continue to offer unparalleled opportunities for networking, knowledge sharing and collaboration.


    Mansi Praharaj

  • GPF Interest Rate: Govt has fixed the rates of GPF, this much interest will be given in October-December

    GPF Interest Rate Update: There is big news for government employees. The Finance Ministry has announced the interest rates for General Provident Fund (GPF) and other provident funds. From October 1, 2024 to December 31, 2024, interest rates on GPF and other similar funds.

    There is big news for government employees. The Finance Ministry has announced the interest rates for General Provident Fund (GPF) and other provident funds. From October 1, 2024 to December 31, 2024, GPF and other similar funds will get interest at the rate of 7.1 percent. For the October-December 2024 quarter, the government has not changed the interest rates on GPF and similar linked funds.

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    Government fixed GPF rates for October-December 2024

    This has been announced according to the Department of Economic Affairs (DEA) of the Ministry of Finance on 3 October 2024. General Provident Fund deposits and similar funds will get interest at the rate of 7.1 percent in the October to December quarter. The government has not made any change in the interest rates.

    Interest on GPF is same as that on PPF

    GPF is getting the same interest rate as PPF. GPF rates are same as Public Provident Fund (PPF) rates. All the funds mentioned below will also get interest at the rate of 7.1 percent.

    These are also other provident funds like GPF

    1. General Provident Fund (Central Services).

    2. Contributory Provident Fund (India).

    3. All India Service Provident Fund

    4. State Railway Provident Fund

    5. General Provident Fund (Defence Service)

    6. Indian Ordnance Department Provident Fund

    7. Indian Ordnance Department Factories Provident Fund

    8. Indian Naval Dockyard Workers (Provident Fund).

    9. Defence Services Officers Provident Fund.

    10. Armed Forces Personnel Provident Fund.

    What is General Provident Fund (GPF)?

    General Provident Fund is a type of Provident Fund which is given only to the Central Government employees of India. Everyone in the government can deposit a part of their salary in the General Provident Fund. When the employee retires, he gets the money and interest accumulated during his period. The Finance Ministry reviews the GPF interest rate every quarter.

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