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SBI union and others demand RBI to scrap payments plan


5 hours ago
A union representing India’s largest public bank along with a coalition of labour unions and NGOs requested the Reserve Bank of India to reject applications of “profit-making” big companies, especially Amazon, from setting up alternate payment systems. Reuters reported on this first on April 8.
Amazon, Google, Facebook and others have applied to set up New Umbrella Entity (NUE) a parallel payment ecosystem proposed by RBI to reduce concentration risks in the payment sector. This would rival the quasi-public National Payment Corporation of India (NPCI), which is currently the main operator for digital transactions in the country.
State-run State Bank of India’s union All India State Bank of India Staff Federation (AISBISF), labour unions and NGOs under the banner of UNI Global Union, IT for Change and the Joint Action Committee Against Foreign Retail and E-Commerce (JACAFRE) wrote a letter in this regard to the RBI. ....

United States , Uttar Pradesh , Sanjeev Kumar Bandlish , National Payment Corporation Of India , Honble Delhi High Court , Rampur Distillery Co , V Company Law Board , Foreign Exchange Management , Action Committee Against Foreign Retail , Commission Of United States , India Staff Federation , European Union , India State Bank , Foreign Exchange Management Instruments , Japan Fair Trade Commission , European Commission , Global Union , Supreme Court , Competition Commission Of India , High Court , Reserve Bank , New Umbrella Entity , National Payment Corporation , State Bank , All India State Bank , Joint Action Committee Against Foreign Retail ,

Fair competition and sustainable economic development for SMEs


Fair competition and sustainable economic development for SMEs
08:00 | 05/06/2021
It is widely recognised that the decisive and tireless efforts to control the pandemic by the Vietnamese government and people have realised the uninterrupted economic growth of Vietnam.
A variety of policies for expansion of exports and further industrialisation are also thought to have played an important role in the recent rapid economic development.
The expansion of exports from $96.9 billion in 2011 to $281.5 billion in 2020 suggests that industrial policies have brought significant contributions to the continuous growth of the economy. On the other hand, it seems that a large part of intermediate inputs used to assemble exported products have been imported, not produced domestically. ....

Republic Of , Japan Fair Trade Commission , Embassy Of Japan , Japan International Cooperation Agency , Consumer Authority , Vietnamese Enterprises White Book , Ministry Of Planning , National Competition Commission , Statistics Office Of Vietnam , General Statistics Office , Japan Finance Corporation , Vietnam Competition , Japan Fair Trade , Vietnamese Government , குடியரசு ஆஃப் , ஜப்பான் நியாயமான வர்த்தகம் தரகு , தூதரகம் ஆஃப் ஜப்பான் , நுகர்வோர் அதிகாரம் , அமைச்சகம் ஆஃப் திட்டமிடல் , தேசிய போட்டி தரகு , புள்ளிவிவரங்கள் அலுவலகம் ஆஃப் வியட்நாம் , ஜநரல் புள்ளிவிவரங்கள் அலுவலகம் , ஜப்பான் நிதி நிறுவனம் , வியட்நாம் போட்டி , ஜப்பான் நியாயமான வர்த்தகம் , வியட்நாமிய அரசு ,