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  • Operation Ganga to evacuate hundreds of students stranded in war-torn Ukraine | VARINDIA News Hour

    Operation Ganga to evacuate hundreds of students stranded in war-torn Ukraine | VARINDIA News Hour

    Operation Ganga to evacuate hundreds of students stranded in war-torn Ukraine | VARINDIA News Hour

    India had launched an operation to bring home hundreds of students stuck in war-torn Ukraine under the name #OperationGanga. Let us find out more about this challenging operation. As Ukraine closed its airspace for civilian flights after Russia began its invasion, about 16,000-strong Indian diaspora, mostly students, were left stranded in the war-torn country. As students made appeals for evacuation from bomb shelters, New Delhi launched a multi-pronged evacuation plan named ‘Operation Ganga’ to bring home its citizens. Accordingly, Indian missions in Poland, Romania, Slovakia and Hungary have been making arrangements to receive Indian nationals from Ukraine and fly them out of their respective countries under Operation Ganga flights. The cost will be borne by the Centre. The government announced that four Union Ministers will travel to Ukraine’s neighbouring countries to coordinate the evacuation. Petroleum minister Hardeep Puri would go to Hungary, aviation minister Jyotiraditya Scindia to Romania and Moldova; law minister Kiran Rijiju to Slovakia and Minister of State for Civil Aviation VK Singh to Poland. The government also created a dedicated Twitter account named OpGanga Helpline to assist in the evacuation by sharing important advisories and instructions.

    At the same time, the Union Health Ministry has revised the mandatory international travel guidelines for all Indians being evacuated from Ukraine, allowing them to board flights without a negative RT-PCR report or vaccination certificate. The travel guidelines have been revised on humanitarian grounds. The fact that India is able to evacuate its citizens out of war–torn Ukraine through “Operation Ganga” is proof of the country’s increasing influence around the globe, said Prime Minister Narendra Modi. The Prime Minister said big countries are facing problems in getting out their citizens saf

    By VARINDIA| 38 views

  • Buy Now Pay Later modules seems potential risk

    Buy Now Pay Later modules seems potential risk

    #ITDept #Chinesemobilefirms #Amazon

    Potential risks of ‘Buy Now Pay Later’

    New research by financial advice service OpenMoney finds almost 57% of adults aged 18 to 50 have now used buy now, pay later schemes, up from 49% last year. The largest rise in usage has been among 45 to 50-year-olds, where 16% growth in the last year makes it the age group most likely to choose the payment method, with 58% having done so compared to 56% of those aged 18 to 24 - contradicting the belief that it is largely a tool for youngsters. The survey, among 2,000 UK adults found that the most frequently bought items using BNPL are laptops, phones and other tech items, followed by clothes and holidays. 41% of respondents said they use it because they can’t afford to pay for an item in one go, double the number who feel it makes financial sense to spread the cost. Among 45 to 50-year-olds, those who use BNPL because they can’t afford an item upfront increased by 20% last year. Concerningly, those struggling to pay off their BNPL debts has also risen, from 38% last year to 43% this year and one in three users have turned to friends and family for help with repayments - an increase of 10% on 2020 figures - while seven percent took out a loan and five percent used a credit card to pay back the money.

    Buy now pay later services are a form of payment where consumers make purchases and pay them off over a period of time in several installments, often interest-free. While BNPL is typically interest-free, some providers charge high late payment fees. Hayley Millhouse, managing director of OpenMoney, comments: “While from a budgeting perspective, spreading the cost of expensive items could make financial sense, it is worrying to see that two-fifths of users struggle to pay off the resulting debt, with many turning to friends and family or other forms of borrowing to make repayments.” The UK's Financial Conduct Authority will introduce new rules for buy now, pay late

    By VARINDIA| 21 views