Monthly Snapshot – April 2023

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From Unclaimed Deposits to Intergalactic Ambitions, Get ready for some exciting developments in India!

With the unchecked rise in the amount of unclaimed deposits with the banks, the Reserve Bank of India has launched a new centralized portal to access unclaimed deposits worth ₹35,000cr. Meanwhile, the Genome India Project is well underway, with over 7,000 Indian genomes already sequenced to create a comprehensive catalog of genetic variations unique to India’s population groups. On the other hand, the Indian Space Policy 2023 has been approved by the Cabinet, allowing private enterprises to conduct end-to-end space activities with a focus on making India the preferred service provider for space services. Lastly, the Rajasthan Government has announced a Gig Workers Bill that introduces a welfare board to ensure the welfare of gig workers and set a precedent for other states to follow. Witness India’s story as it rules the decade.

Here’s presenting our Monthly Snapshot for April 2023. Our newsletter takes a deep dive into the global scenario, Government policies, Indian start-ups raising funds, important sector updates, the performance of various asset classes, and much more.

CoContributors: Mainak Chakraborty | Shreedhar Mohata|Khushi Agarwal | Vaishnavi Gurung | Siddharth Khandelwal | Roshni Singhal