IPPB FAQs:  Deputation of DoP staff to India Post Payments Bank FAQs on deputation of DoP staff to India Post Payments Bank (IPPB) Sl. No. Frequently Asked Question Response/Clarification 1. What is IPPB ? What are its Objectives? How it will operate? (i) India Post Payments Bank Limited ("IPPB") was incorporated as a company on August 17, 2016 under The Companies Act, 2013, with 100% equity from the Department of Posts (DoP), Ministry of Communications, Govt. Of India and as a payments banking company under Section 22 (1) of the Banking Regulation Act, 1949.(ii) IPPB is visualized as a vehicle of financial inclusion that would complement the existing banking, financial services and payments network in the country to improve overall efficiency, accessibility and convenience in delivery of banking services including Direct Benefits Transfer and social security payments. IPPB, as an organization, is designed to leverage the field network of the Department of Posts and is r...

Achievements and Initiatives of the Department of Sports during 2017 The major achievements of Department of Sports (Ministry of Youth Affairs and Sports) During 2017 are given below: 1. Training Center for Para Athletes: Sports Minister laid the Foundation Stone at Gandhinagar, Gujarat for the first ever training center dedicated for Para Athletes on 5th February, 2017. The center is proposed at an estimated cost of over Rs. 50 crores. It will have the World Class facilities where Para athletes will be trained for various International Competitions including Asian Games, Common Wealth Games and Olympic Games. The center will have the following facilities for Para athletes: (i) Indoor Hall (64m x 42m) fully AC (ii) Elite Hostel (100 bedded) fully AC (iii) VIP Accommodation for Foreign Guest (20 nos) AC. (iv) Open land for warmup. 2. International Boxing Academy: A tripartite Memorandum of Understanding (MoU) involving International Boxing Association (AIBA), Boxing Federation of India ...