COMPREHENSIVE SCHEME
Over 1.8 million beedi, cine and non-coal mine workers benefited from Labour Welfare Scheme
Labour secretary Sumita Dawra chaired a review meeting of the Labour Welfare Scheme (LWS), being run by the ministry, on Friday for beedi, cine and non-coal mine workers to assess the achievement under the scheme in the last financial year. The centre is working on building a comprehensive database through the e-Shram portal to assess coverage under both central and state schemes for the beedi workers, non-coal mine and cine workers who are in the informal sector.
UP govt to promote Centre's rooftop solar subsidy scheme in Ayodhya, Varanasi and Gorakhpur
The campaign for PM Surya Ghar Yojana in Uttar Pradesh targets Ayodhya, Varanasi, and Gorakhpur. It aims to boost solar energy use through a comprehensive approach and public engagement at educational institutions.
PM Gati Shakti scheme is transforming India's infrastructure: Morgan Stanley
In a recent report, Morgan Stanley has lauded India's PM Gati Shakti scheme, highlighting its significant impact on infrastructure development. The report emphasizes India's robust increase in infrastructure investment, projected to rise from 5.3% to 6.5% of GDP by F29, driven by a strong 15.3% CAGR. This growth is expected to total USD 1.45 trillion over five years, fostering high productive growth and enhancing investment rates. PM Gati Shakti integrates 16 ministries for coordinated infrastructure planning, focusing on multi-modal connectivity and logistics efficiency, which has shown tangible results in project completion and sectoral development.
UP Chief Minister Yogi Adityanath reviews One Family, One Identity scheme
Uttar Pradesh Chief Minister Yogi Adityanath reviewed the 'Family ID' process for each family unit in the state, emphasising quick implementation to provide government benefits and employment opportunities. Currently, 15.07 crore people from 3.60 crore families benefit from the National Food Security Scheme, with ration card numbers serving as Family IDs. Over 1 lakh families without ration cards have also received Family IDs. The initiative aims to create a comprehensive database for better scheme management and 100% delivery to eligible beneficiaries.
Need to build on success of PLI schemes, recent FTAs, PPP governance model: Piyush Goyal
Goyal said that there is a need to introspect and coordinate better between departments and emphasised the importance of research and development and strengthening the public-private partnership (PPP) model of governance.
Household-level analysis got Naidu back, now directs government
Chief Minister Chandrababu Naidu plans to implement the 'Super Six' welfare schemes in the first 100 days of his new term, costing ₹97,000 crore. Despite the hefty price tag, his team is prepared with funding strategies, including increasing the tax-GDP ratio and seeking central support. Naidu's campaign strategy focused on personalised welfare schemes to bridge economic gaps and create wealth.
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Rajasthan increases PM Kisan Samman Nidhi amount by Rs 2,000
The Rajasthan government raised the annual amount received by farmers in the state from Rs 6,000 to Rs 8,000 in the PM Kisan Samman Nidhi scheme. Chief Minister Bhajanlal Sharma announced X. He said that the commitment to farmer upliftment and holistic development remained the government's priority, fulfilling a promise made in the BJP's 'Sankalp Patra' manifesto for the Rajasthan assembly elections.
View: Your first 100 days to-do list, Gov
The upcoming government will have its work cut out for it as it steps into power following the conclusion of the 18th Lok Sabha polls. While the current administration has made strides in improving the business environment in India, there are key reforms that the new government must prioritize to fully capitalize on the country's growth potential.
Need to rationalise MSME schemes for reach: DFS Secretary
Speaking at the CII Annual Business Summit 2024 on Friday, Joshi also noted that there is a need to address language issues of schemes to make them easier and more comprehensible.
Skilling and education has been embedded to allow portability to the youth: MSDE Secretary Atul Kumar Tiwari
Addressing a session at the Confederation of Indian Industry’s Annual Business Summit 2024, Tiwari said the idea is to bring skilling and education on a common platform which enables multiple entry and exits between education, skilling and employment through credits that in turn will help individuals scale up in their careers.
UK's Graduate Visa programs may stay, but Sunak plans crackdown on foreign education agents
UK Prime Minister Rishi Sunak is set to announce crackdown on agents marketing graduate visa schemes overseas, aiming to toughen migration stance before elections.
Do international employees still have to make EPF contributions after Karnataka High Court ruling?
Karnataka High Court's April 25, 2024 ruling deemed special provisions for International Workers under EPF Scheme unconstitutional, affecting EPF contributions, retirement age eligibility, and equality before law for these workers.
Peer community groups can help with financial success of women entrepreneurs in tier-II cities and beyond: Tide India’s Gurjodhpal Singh
Tide India has come up with a women aspiration index which shows the challenges and opportunities for women entrepreneurs in non-metro cities.
Revamped health schemes to focus on kids' nutrition
"The idea is to come up with a comprehensive physical and mental development programme for schoolchildren, with a focus on nutrition to minimise cases of anaemia and to strengthen their mental health to reduce increasing incidence of anxiety, depression and suicides," said a senior government official.
BJP's 'Sankalp Patra' more than just a manifesto: Hardeep Singh Puri
BJP has presented a calibrated and comprehensive blueprint for development. Its manifesto envisages the next five years as the third phase of an ongoing journey of high-trajectory development that began in 2014. Citizens want to see boots on the ground, infrastructure and services being provided.
Two-thirds of active arbitrage mutual fund schemes outperform their benchmark in 2024
The lowest returns have been given by Mahindra Manulife Arbitrage Fund-Reg(G), Bank of India Arbitrage Fund-Reg(G) and Bajaj Finserv Arbitrage Fund-Reg(G) at 1.93%, 2.10% and 2.13%, respectively.
Rs 11 lakh cr investment, a super app and more bullet trains: Modi govt's mega plan for world-class Indian Railways
Indian Railways is gearing up for a transformative 100-day plan post-Lok Sabha polls 2024, focusing on passenger-friendly measures. The plan includes a 24-hour ticket refund scheme, a comprehensive "super app" for passengers, and the launch of the final stretch of the Udhampur-Srinagar-Baramula Rail Link project. Additionally, sleeper versions of Vande Bharat trains are in the works, along with the introduction of India's first vertical lift railway bridge and plans to expedite the Ahmedabad-Mumbai bullet train project.
Linking CGHS IDs with Ayushman Bharat Health Account IDs now mandatory from April 1
Compulsory link CGHS beneficiary ID with ABHA ID announced by Ministry of Health. CGHS offers healthcare, PMJAY provides Rs. 5 lakhs coverage. Beneficiaries must link IDs within 30 days for enhanced digital health ecosystem.
Stock Market Trading for NRIs: A comprehensive guide to 3-in-1 accounts
NRI 3-in-1 Account simplifies Indian stock market investments for NRIs through integrated banking, demat, and trading accounts. It provides convenience, diverse investment options, and seamless fund movement, enhancing trading efficiency and flexibility.
A central intelligence agency for manufacturing, Made in India
The proposed intelligence unit would study the impact of schemes launched by the government aimed at lifting the share of manufacturing in GDP to 25% by 2047 from about 17% currently. In addition to Production Linked Incentive (PLI) schemes worth ₹1.97 lakh crore, the government started the Make in India initiative and the Phased Manufacturing Programme (PMP) to boost local production and encourage export substitution.
Our preparedness levels of very high order: Gen Pande on eastern Ladakh situation
Indian Army Chief General Manoj Pande assures high preparedness levels amidst the Ladakh border row with China, emphasizing talks as the key to resolving issues. He highlights the Army's readiness along the border, with robust deployments and reserves. General Pande mentions ongoing military and diplomatic talks with China and focuses on capability development and infrastructure. He also discusses the Army's role in Jammu and Kashmir, the Agnipath scheme, and women's increasing roles. Regarding Manipur, he acknowledges challenges but praises the Army's proactive efforts in controlling violence.
Many mid- and small-cap mutual funds have not fared well in Sebi’s stress test; Find out if your MFs are safe
Are investors drawing the right conclusions? Are some funds illprepared for a doomsday scenario? Should you buy or exit a fund based on these test results? We attempt to filter out the noise around the much-hyped stress tests to find out whether investors need to be worried.
New scheme to boost EV adoption, manufacturing in India: Hanif Qureshi
The Electric Mobility Promotion Scheme (EMPS) aims to boost India's electric vehicle (EV) industry, aligning with Atmanirbhar Bharat (self-reliant India). With an outlay of Rs 500 crore for four months, the scheme targets the adoption and manufacturing of EVs, particularly two-wheelers and three-wheelers, aiming to support 3,72,215 EVs.
Air India lays off over 180 non-flying staff
Air India lays off 180+ non-flying staff after Tata Group's takeover. VRS, reskilling issues addressed. Vihaan.AI initiative focuses on agile structure for expansion.
Localisation, warranty norms stricter in Electric Mobility Promotion Scheme
EMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers’ comprehensive warranty will have to cover the EV battery, the most crucial component of the vehicle, besides ensuring that there are adequate facilities for after-sales service for the life of sold vehicles,” a senior government official told ET.
How to deal with pump and dump schemes while investing in crypto?
To address this challenge, Mudrex has developed innovative solutions to empower users with the tools and knowledge they need to make informed decisions.
Nagaland govt announces universal life insurance scheme
Nagaland government launched a fully-funded universal life insurance scheme to mitigate financial hardship caused by untimely demise. The scheme ensures financial security and protection, providing coverage for breadwinners and family members, complementing the Chief Minister's Health Insurance Scheme.
FICCI Advisory Council calls Assam Budget 'comprehensive blueprint' for economic revitalization, inclusive growth
The budget's strategic allocations and visionary initiatives are poised to catalyse sustainable development, economic revitalization, and social empowerment across the state, said FICCI Northeast Advisory Council.
Develop umbrella policies for cotton, closed jute mills: Parliamentary panel to govt
The Standing Committee on Labour, Textiles, and Skill Development proposed an umbrella policy for the cotton sector and comprehensive measures for reviving closed jute mills or establishing new ones. It suggested exploring alternative markets for silk exports beyond UAE, US, and EU to offset potential export value declines. The committee advised incentivizing cotton farmers instead of scrapping import duties and urged a comprehensive study on cotton production issues. Additionally, it urged expediting the National Textile Policy formulation.
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