Cabinet Committee on Economic Affairs has approved the following: (a) 8 different schemes of Khadi & Village Industries are now merged under two heads i.e. ‘Khadi Vikas Yojana’ and ‘Gramodyog Vikas Yojana’. (b) Khadi Vikas Yojana includes Market Promotion & Development Assistance (MPDA), Interest Subsidy Eligibility Certificate (ISEC) , Strengthening Weak Infrastructure , Aam Aadmi… Continue reading Cabinet approves continuation of Khadi Gramodyog Vikas Yojana
Author: ForumIAS
Commerce Minister launches SWAYATT on GeM
SWAYATT stands for Start-ups, Women and Youth Advantage Through eTransactions on Government e Marketplace (GeM).It is an initiative to promote MSMEs, women and young entrepreneurs through e-transactions on the Government e-Marketplace (GeM). It was launched by the Ministry of Commerce and Industry.This will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace, the national procurement portal. Government e Marketplace is an online… Continue reading Commerce Minister launches SWAYATT on GeM
Cabinet approves new National Electronics Policy
Cabinet approves new National Electronics Policy The Union Cabinet has approved the National Policy on Electronics (NPE) 2019. The policy aims to a) achieve a turnover of $400 billion for the Electronics System design and Manufacturing (ESDM) sector by 2025 and b) generate 1 crore jobs in India. The ESDM sector includes subsectors such as… Continue reading Cabinet approves new National Electronics Policy
More than 4 lakh children are inhalant addicts: survey
More than 4 lakh children are inhalant addicts: survey According to a recent study by National Drug Dependence Treatment Centre (NDDTC), AIIMS, Delhi, 5.7 crore people in India suffer from alcohol dependence. Alcohol abuse is particularly very high in Uttar Pradesh, Andhra Pradesh, Punjab, Chhattisgarh and Arunachal Pradesh. Uttar Pradesh, Punjab and Odisha registered maximum… Continue reading More than 4 lakh children are inhalant addicts: survey
Govt. provides more for mid-day meal costs
Govt. provides more for mid-day meal costs The Cabinet Committee on Economic Affairs has approved the revision of norms under the Mid-Day Meal Scheme. Mid-Day Meal Scheme is a centrally-sponsored Scheme that provides children studying in Classes I-VIII of government and government aided schools with cooked mid day meal. The key objectives of the MDMS is… Continue reading Govt. provides more for mid-day meal costs
Triple talaq ordinance to be renewed
Triple talaq ordinance to be renewed The Union Cabinet gave its nod to issue the Triple Talaq ordinance, which makes the practice of instant triple talaq by Muslim men a penal offence. The Triple talaq Bill makes pronouncement of triple talaq void and illegal. It seeks to make the practice of instant triple talaq a… Continue reading Triple talaq ordinance to be renewed
Cabinet approves Phase II of rooftop solar programme
Cabinet approves Phase II of rooftop solar programme The Cabinet Committee on Economic Affairs has approved Phase-II of the Grid Connected Rooftop Solar Programme (GCRSP). Under the phase II Programme Central Financial Assistance (CFA) for the residential sector has been restructured. Further, focus will be on increased involvement of DISCOMs and performance based incentives will… Continue reading Cabinet approves Phase II of rooftop solar programme
Standard mediclaim policy on the cards, guidelines to be framed
Standard mediclaim policy on the cards, guidelines to be framed Insurance Regulatory and Development Authority of India (IRDAI) has issued draft guidlines on uniform health insurance product, to be called a standard Mediclaim Policy offering basic cover by all insurers including general and health insurance businesses. The minimum basic sum insured under the standard product shall… Continue reading Standard mediclaim policy on the cards, guidelines to be framed
Govt relaxes norms for startups
Govt relaxes norms for startups The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: (a) The investment limit of angel investors to seek exemption under the Income Tax Act, 1961 has been increased to Rs 25 crore from 10 Crore. (b) An entity shall be considered as a startup… Continue reading Govt relaxes norms for startups
7 islands in Lakshadweep and Andamans identified for seaplane operations
7 islands in Lakshadweep and Andamans identified for seaplane operations During the 5th meeting of Island developement agency, Four islands in the Andamans and three in Lakshadweep have been identified for seaplane operations, while private sector participation has been invited for tourism based projects. These islands are Swaraj Dweep, Shaheed Dweep, Hutbay and Long in… Continue reading 7 islands in Lakshadweep and Andamans identified for seaplane operations
