logo
Assam CM Himanta Sarma urges finance ministry, RBI to release special coin to mark Dr Bhupen Hazarika 100th birth anniversary

Assam CM Himanta Sarma urges finance ministry, RBI to release special coin to mark Dr Bhupen Hazarika 100th birth anniversary

Time of India24-04-2025
Assam chief minister Himanta Biswa Sarma said that he has urged the
Union Finance ministry
and Reserve Bank of India to release a special coin to mark the 100th birth anniversary of music maestro Dr Bhupen Hazarika.
Sarma said investment proposals of over Rs 1 lakh crore, which were received during the
Advantage Assam summit
, will be rolled out by the end of this year.
Sarma on Saturday met Prime Minister, Narendra Modi and invited him to the inaugural function of the year-long birth centenary celebrations of doyen of music Bharat Ratna, Dr. Bhupen Hazarika.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Incredible, the TV box everyone is talking about: Access all channels ?
Techno Mag
Undo
Sarma said that Modi will inaugurate the country's first bio refinery and lay the foundation stone of the
Guwahati Ring Road project
and the Darrang Medical College and Hospital.
Sarma said that by December this year work worth Rs one lakh Crore will be started in Assam. 'Adani group which has committed an investment worth Rs 50,000 Crore during the recently held Advantage Assam summit will soon start the work of aero city. In the last ten days a team from the company twice visited Assam.'
Live Events
Sarma said Prime Minister Narendra Modi will inaugurate the
Assam Bio-Ethanol Plant
, which has a production capacity of 49,000 tonnes per annum (KTPA) of ethanol.
Sarma said, "By December this year, work on projects worth over Rs 1 lakh crore, which were announced during the Advantage Assam summit, will start. In no other state where such summits are organised, such speedy implementation is ensured."
He added, "During the trip to attend the birth centenary celebration, the Prime minister will lay the foundation of this Rs 7,500-crore Guwahati ring road, which also includes a bridge over the Brahmaputra between Narengi and Kuruwa," he said.
He said the state government will bear 50 per cent of the expenses for land acquisition for the project, and reimburse the forest royalty and GST to the construction company.
The state government will be spending over Rs 1,000 crore for the ring road project, while the central government has sanctioned Rs 3,000 crore as viability gap, Sarma added.
"Work on the
Guwahati aerocity project
, announced by the group during the business summit, will commence in October," he added.
Two more projects, a greenfield highway between Guwahati and Silchar, and a tunnel under the Brahmaputra between Numaligarh and Gohpur are also nearing approval, the chief minister added.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?
UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?

Time of India

time26 minutes ago

  • Time of India

UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?

Academy Empower your mind, elevate your skills How will UPI payments change via biometrics? Will you soon be able to approve all UPI transactions just by using your face ID and biometrics, without having to input your PIN every time? There are reports that NPCI (National Payment Corporation of India) is considering enabling UPI payments by way of face ID or biometrics, rendering PIN optional for authenticating UPI Wealth Online approached NPCI for comments; however, they refused to comment on this. They are neither confirming nor denying the development. However, as Akash Sinha, CEO and Founder of Cashfree Payments, explains, biometric-enabled UPI is the next big leap in India's digital payments evolution.'By removing the dependency on manual PIN entry, it paves the way for faster, more frictionless transactions, dramatically improving conversions in high-speed checkout environments. Just as importantly, it strengthens the compliance backbone of our payment infrastructure, ensuring that every transaction is uniquely tied to the individual, not just the device. This is where the future of payments is headed: a seamless blend of intelligence, identity, and trust,' he further present, you have to put in your UPI-PIN, or UPI Personal Identification Number, which is a 4-6 digit passcode, every time you have to authorise any bank implemented, you could soon be able to authorise your UPI transactions using your biometric information, such as fingerprint, eye iris scan, and other distinct physical highlight that this will be a major step in bringing down UPI-related financial frauds. This is because bodily traits are extremely difficult to be stolen, unlike UPI pins, which can be obtained by fraudsters via various Rohit Mahajan, Founder and Managing Partner of plutos ONE, "By removing any need to remember a PIN, not only does this redefine convenience, but it also includes millions of individuals, especially the elderly and those from rural backgrounds, who have less digital literacy, into a space of safe, tech-enabled transactions. Biometrics improve security and reduce fraud by tying access to the individual. For that vast population of users, this then makes transacting digitally virtually frictionless, particularly with those who have difficulty recalling a password or navigating a complex as Mahajan adds, to ensure that this change is effectively deployed, there needs to be serious consideration around the user experience with strong safeguards around data privacy, consent, and infrastructure to the RBI's Payment System Indicators report for June 2025, UPI transaction volume swelled to 18.39 billion, with their total value coming to Rs 24.03 lakh crore. As UPI is steadily gaining a higher market share of payment transactions, this added layer of security is likely to enhance the overall safety of UPI transactions.

How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce
How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce

Time of India

time38 minutes ago

  • Time of India

How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce

The growing role of AI in 700 US professions: Balancing automation and augmentation. (AI Image) Artificial intelligence (AI) is increasingly integrated into the workplace, impacting a wide range of professions across the US labor market. A recent study analyzing AI's effects on more than 700 occupations found that AI systems are already automating or augmenting about 25 percent of daily tasks performed in various jobs. This growing presence of AI raises questions about how work will change across industries and what it means for employees. Researchers from Anthropic , an AI company behind the assistant Claude, examined over one million text-based conversations with users at the end of 2024. Their dataset categorized tasks handled by AI as either automated—completed independently by AI—or augmented, where AI assists humans under supervision. This data provides a detailed view of AI's current role in reshaping job tasks in the US workforce. AI automates and augments different tasks across occupations The study found that AI impacts jobs differently depending on the profession. Automation occurs when AI performs tasks without human input, while augmentation requires human oversight and collaboration. On average, about 23 percent of tasks in computer and math-related jobs can be automated, reflecting the high capability of AI in technical roles. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15+ Food That Unclog Arteries (Most People Ignore) Undo In contrast, educators and librarians experience the highest levels of augmentation, with 40 percent of their tasks potentially enhanced by AI tools. According to the Washington Post , the Anthropic research indicates that while automation may lead to lower wages and increased unemployment in some fields, augmentation tends to raise wages for more experienced workers and creates jobs in emerging areas. The researchers also pointed out limitations, noting that their analysis focuses solely on text-based AI interactions, possibly underestimating AI's influence in professions that rely heavily on image or video generation, such as fashion or interior design. Tech industry feels early impacts of AI The technology sector has already experienced significant changes due to AI integration. Approximately 56 percent of tasks within computer and math jobs are either automated or augmented, with a tendency towards automation. The Washington Post reports that AI systems now write more than a quarter of the code at companies like Microsoft and Google, and IBM has replaced several hundred human resources workers with AI applications. About 3.8 percent of the US labor force, or over 6 million people, work in tech. These positions have traditionally been well-paid and recession-resistant. However, the rapid advancement of AI is altering this landscape. The Washington Post quoted researchers emphasizing that although AI may create new job categories, such as AI security developers and ethics engineers, current trends indicate more layoffs than new hires in tech fields. Key statistics on AI automation and augmentation across US professions Category Description Percentage of tasks automated Percentage of tasks augmented Overall workforce impact AI automates or augments about 25% of daily tasks across 700+ US professions ~25% ~25% Computer and math jobs Highest automation risk; AI automates many coding and technical tasks 23% average automation Included in overall augmentation Tech sector 56% of tasks automated or augmented, skewed more towards automation; AI writes 25%+ of code 56% - Educators and librarians Highest augmentation scores; AI assists with 40% of their job tasks Lower automation 40% Tech workforce size Over 6 million people (3.8% of US labour force) work in tech jobs - - AI impact limitations Dataset focuses on text-based AI interactions; underestimates impact on visual and design jobs - - Data source: Anthropic dataset and US labour statistics, as reported by the Washington Post. AI's impact in the workforce Workers across sectors are encouraged to understand AI's capabilities and incorporate the technology into their daily tasks. Using AI for routine activities, research, and communication can help employees augment their work and increase productivity. The Washington Post advises individuals to stay informed about AI's strengths, limitations, and ethical considerations to prepare for ongoing changes. Anthropic's dataset highlights that AI's effects vary widely, and its long-term impact remains uncertain as technology evolves and regulations develop. By the end of 2024, AI's role in the workforce included automating or augmenting roughly one-quarter of daily tasks across occupations. While automation tends to reduce employment and wages in some areas, augmentation may offer benefits, especially for experienced workers in specific fields. As AI continues to advance, understanding its influence on job functions will be critical for workers and employers alike. The balance between automation and augmentation will likely shape the future of work in the US economy. TOI Education is on WhatsApp now. Follow us here . Ready to navigate global policies? Secure your overseas future. Get expert guidance now!

Row over banking, NBFC, gas supply services can now be redressed through Lok Adalats
Row over banking, NBFC, gas supply services can now be redressed through Lok Adalats

Time of India

time38 minutes ago

  • Time of India

Row over banking, NBFC, gas supply services can now be redressed through Lok Adalats

New Delhi: Lieutenant governor VK Saxena gave his approval on Tuesday to include banking, non-banking financial companies and gas supply services as public utilities for the "swift resolution" of disputes through permanent Lok Adalats. According to an official, a proposal to this effect was sent by Delhi govt's law department, citing an increasing volume of disputes pertaining to banking and other financial institutions and the supply of gas services in the city. The move, said officials, was expected to provide "faster, more equitable and efficient" legal redressal for a large segment of the population dealing with common service-related grievances. Three permanent Lok Adalats are currently functional in Delhi for the resolution of electricity-related disputes involving the private Discoms. Delhi State Legal Services Authority is also in the process of setting up another permanent Lok Adalat to cater to other public utility services that include transport, postal and telecom, water supply, public sanitation, health and insurance. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi "The law department's proposal pointed out that a large number of disputes related to loans, financial recovery, savings and investments, service deficiencies and billing issues in banking and non-banking financial sectors could be effectively and expeditiously resolved outside conventional courts if these three services were notified as public utility services," LG's office stated. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Live Comfortably: 60m2 prefabricated bungalow for the elderly in Villa Maria Pre Fabricated Homes | Search Ads Search Now Undo "Such inclusion would empower the permanent Lok Adalats to take up these matters, reduce the burden on regular courts, and provide accessible, low-cost and time-bound legal remedies to the public," it added. The proposal stated that these three services were closely aligned with the characteristics of public utility services. Given the increasing volume of disputes and cases in these sectors, there was a pressing need to ensure expeditious, cost-effective and amicable resolution of such matters. Further, disputes related to these services often involved people who could not afford prolonged litigation and, therefore, the permanent Lok Adalats could provide a simplified and affordable alternative for resolving such disputes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store