Telangana Current Affairs

NABARD inks MoU with NRSC for monitoring Watershed Projects

National Bank for Agriculture and Rural Development (NABARD) has signed a Memorandum of Understanding (MoU) with Hyderabad-based National Remote Sensing Centre (NRSC) for web-based monitoring of watershed projects.

Under this MoU

  • Web-based monitoring will be undertaken for India-German Watershed Development (IGWDP) projects in three states viz. Rajasthan, Gujarat and Telangana.
  • NRSC will create a separate page for NABARD on Bhuvan web-portal and also develop customised software tool and mobile application for real time monitoring projects.
  • It will also seek to add feature in this page for online comparison and visualisation with respect to activities implemented in the projects sanctioned by NABARD.

NABARD will use this web-based monitoring technology to address problems of monitoring watershed projects in remote areas, apart from digitisation of the impact of watershed interventions for long term usage.

It should be noted that NABARD only assists the watershed projects of Union Ministry of Rural Development by providing funds under Watershed Development Fund (WDF).


Telangana government launches e-Vahan Bima Scheme

Telangana Government has launched e-Vahan Bima Scheme to issue motor insurance policy in digital form.

With this, Telangana became the first state in the country to legally accept motor vehicle insurance policy in digital form.

About e-Vahan Bima Scheme

  • The scheme is an electronic motor insurance policy issued in digital form with Quick Response (QR) code to scan for verification of policy details.
  • It is a joint effort of Insurance Regulatory Development Authority (IRDA), Insurance Information Bureau of India (IIBI), state police and also transport and information technology departments of the state.
  • The QR code will be used by police and state authorities to scan for verification of policy details. Apart from QR code, an SMS-based verification also has been installed.
  • The scheme helps to make verification process easier as the digital version of insurance policy can be stored and accessed on smart phones.