BHIM 3.0
▪ The NPCI BHIM Services Limited (NBSL), a subsidiary of National Payments Corporation of India (NPCI) has launched Bharat Interface for Money (BHIM) 3.0 app.
▪ BHIM 3.0: It is an upgraded version of BHIM.
▪ BHIM 3.0 has enhanced accessibility and security with support for 15+ languages, low-internet optimization, and improved security features for safer transactions.
▪ BHIM Unified Payment Interface (UPI) was launched in 2016 to provide a simple, fast, and secure method for cashless payments using UPI technology.
▪ It enabled users to send and receive money instantly through mobile phones, without requiring bank account details.
▪ NPCI: NPCI was founded in 2008 by the RBI and Indian Banks’ Association under the Payment and Settlement Systems Act, 2007, to oversee and manage retail payments and settlement systems in India.
India’s First National Cooperative University
▪ The Lok Sabha recently passed the Tribhuvan Sahkari University Bill, 2025, marking step in cooperative education in India.
This initiative aims to establish the country’s first national cooperative university at the Institute of Rural Management Anand (IRMA) in Gujarat.
▪ The university is designed to enhance education, research, and training in the cooperative sector nationwide.
▪ The Tribhuvan Sahkari University will serve as a hub for cooperative training. It will register cooperative training institutes across all states as affiliated colleges.
▪ The Tribhuvan Sahkari University is aligned with the government’s vision of ‘Sahkar Se Samriddhi’, aiming to boost rural economies and create valuable career opportunities in sectors like dairy, fisheries, and banking.
