Welfare Scheme

PLI SCHEME FOR IT HARDWARE

The Central Government approved Rs. 17,000cr PLI scheme For IT hardware Government approved the second phase of the Production Linked Incentive or PLI scheme for IT hardware The move is aimed to accelerate domestic manufacturing of hi-tech electronics, building on efforts that catapulted India to become the second-largest mobile phone manufacturer in the …

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NUTRIENT BASED SUBSIDY (NBS) SCHEME

The Central government approved Nutrient Based Subsidy for Nitrogen(N), Phosphorus(P), Potash(K) and Sulphur(S) for the 2023 kharif Season On the proposal of the Department of Fertilisers, the central government has revision of the NBS rates for Kharif Season (April-September) 2023 and for Rabi Season (January-March, 2023). Rs 70,000 crore will be spent …

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LIBERALIZATION REMITTANCE SCHEME (LRS)

Government amends the rules under the Foreign Exchange Management Act, to bring in the international credit card spends outside India under the Liberalized Remittance Scheme (LRS). The usage of an international credit card to make payments towards meeting expenses during a trip abroad was not covered under the LRS. The spendings through international …

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VIVAD SE VISHWAS SCHEME

Government launches Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period, as announced in the Union Budget 2023-24 Under the scheme, Ministries have been asked to refund performance security, bid security and liquidated damages forfeited/ deducted during the COVID-19 pandemic. Certain relief has also been provided to MSMEs debarred for default in execution of contracts during the …

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MISSION KARMAYOGI

A Union Minister said that “Mission Karmayogi”, launched by Prime Minister had institutionalised the process of capacity building, particularly for the benefit of civil servants It was launched in 2020. Mission Karmayogi is a National Programme for Civil Services Capacity Building (NPCSCP). The programme aims at building a future-ready civil service with the right …

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GIG WORKERS

The recent strike by Zomato-owned Blinkit delivery agents has once again brought to the forefront issues plaguing the gig economy in the country. Who is a ‘gig worker’? Gig workers refer to workers outside of the traditional employer-employee relationship. When gig workers use online algorithmic matching platforms or apps to connect with customers, they are called platform …

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NATIONAL SC-ST HUB SCHEME

PM appreciates success of National SC-ST Hub Scheme The National SC/ST Hub (NSSH) would provide professional support to the SC/ST enterprises enabling them to effectively participate in public procurement process. The Hub would also work towards the development of new entrepreneurs to participate in procurement process leveraging on the ‘Stand up India’ programme. Selected entrepreneurs would be provided with support and mentoring by industry …

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NEW INDIA LITERACY PROGRAMME

New India Literacy Programme launched to cover a target of 5.00 crore non-literates in the age group of 15 years and above It is a centrally sponsored scheme. The government plans to implement during five years from 2022-23 to 2026-27. Aim: To provide educational aids to five crore students during the five years under the Foundational Literacy and Numeracy …

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UNNATHI PROGRAMME

The President of India recently launched Unnathi programme. The President inaugurated the silver jubilee celebration of ‘Kudumbashree’ – one of the largest women’s self-help networks in the world. She also launched ‘Unnathi’ Programme. It is an umbrella programme to create opportunities for employment and self-employment, among the youth belonging to SC and ST communities. SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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