General Awareness

GOVERNMENT POLICIES AND SCHEMES - December 2018

Dec 2018

Oct 10, 2022

DPIIT Notifies Establishment of Credit Guarantee Scheme for Start-ups

The Department for Promotion of Industry and Internal Trade (DPIIT) notified the establishment of the Credit Guarantee Scheme for Start-ups (CGSS) to provide credit guarantees to loans extended by banks, non-banking financial companies and SEBI-registered alternative investment funds (AIFs).
The credit guarantee provided under the CGSS, which is aimed at providing credit a guarantee of up to a specified limit against loans extended by member institutions (MIs) to finance eligible borrowers viz start-ups, would be transaction-based and umbrella-based. The exposure to individual cases would be capped at Rs. 10 crore per case or the actual outstanding credit amount, whichever is less.

Oct 07, 2022

CM Bhupendra Patel Floats 'Aatmanirbhar Gujarat Scheme' to Boost Industry

Chief Minister Bhupendra Patel announced the 'Aatmanirbhar Gujarat Scheme for Assistance to Industries' in Gandhinagar with the aim to bolster to manufacturing sector in the state. Patel said that Prime Minister Narendra Modi has envisioned an 'Aatmanirbhar Bharat; by 2047, a year when India would celebrate 100 years of Independence. "Under his leadership, India has risen as the fastest-growing economy on the global map. Given this opportune time, the scheme aims to attract industries and investors and thereby create large-scale employment opportunities.

Oct 05, 2022

Chhattisgarh Govt. Launches Scheme to Develop Rural Industrial Parks

Chhattisgarh Chief Minister Bhupesh Baghel launched a new scheme to develop 'gauthans' (cow shelters) as rural industrial parks for livelihood generation.
As per reports, around 300 gauthan cum industrial parks would be set up under the scheme named Mahatma Gandhi Rural Industrial Parks (MGRIP). A total budget of Rs. 600 crore has been pooled in the current financial year's budget.
The state government has set up gauthans in over 8,000 villages under its flagship scheme Suraji Gaon Yojna (village good governance scheme).
Under MGRIP, selected gauthans are now being developed as rural industrial parks where apart from producing vermicompost, activities like poultry farming, fisheries, food processing will also be carried out. Each development block in the state would have two rural industrial parks in the first phase.

Oct 03, 2022

Telangana Govt. Introduces 'Aasara' Pension for Poor

As a part of its welfare measures and social safety net strategy, the Telangana government introduced the 'Aasara' pensions, with a view to ensuring secured life for all the poor.
It is a welfare scheme of pensions to old people, widows, physically disabled and beedi workers.
Tahsildar of Asif Nagar, D. Sunil Kumar said that 10,000 new Aasara pensions were sanctioned under Asif Nagar Mandal jurisdiction.

Sep 29, 2022

Mamata Banerjee's 'Duare Ration' Scheme is Legally Void, Rules Calcutta HC

The Calcutta High Court declared the 'Duare Ration Scheme' (ration at the doorstep) of West Bengal government is ultra vires to the National Food Security Act, 2013 and is legally void.
The judgement was passed on an appeal by fair price shop dealers challenging the order of a single bench of the High Court that there was no illegality in the scheme introduced by the state government.
The division bench of Justices Chitta Ranjan Dash and Aniruddha Roy held that the 'Duare Ration Scheme' is "ultra vires of the National Food Security Act., 2013" and "is therefore a nullity in the eye of the law". "The State Government transgressed the limit of delegation by obliging the Fair Price Shop dealers to distribute the rations to the beneficiaries at their doorstep in absence of any authority to that effect in the enabling act, i.e, the National Food Security Act." the division bench observed.

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