Andhra Pradesh chief minister YS Jagan Mohan Reddy announced the scrapping of Annadata Sukhibhava, a crop investment support scheme introduced by the previous Telugu Desam Party (TDP) government headed by N Chandrababu Naidu in March.
Reddy said the scheme would be remodelled and rechristened as "YSR Rythu Bharosa", under which each farmer would be given crop investment assistance of Rs 50,000 per year in four instalments of Rs 12,500 each.
He announced that the Rythu Bharosa scheme would be launched on October 15 with revised guidelines by remitting Rs 12,500 into the account of each farmer to enable them to purchase crop inputs like fertilisers, pesticides and seeds during every cropping season.
Under the "Annadata Sukhibhava" scheme introduced by the TDP government, each farmer was promised Rs 10,000 per acre every year. Even before the first instalment was credited into farmers' accounts, elections were announced in the state.
Revamping Cabinet Committees
PM Narendra Modi has revamped the various Cabinet committees that are key to the government's decision-making process, making adjustments for newly inducted ministers and new portfolios handed out to members of his previous Cabinet.
In a continuation of the Modi government's policy, home minister Amit Shah is part of all the committees.
The Prime Minister himself is a member of six as is defence minister Rajnath Singh.
Singh was named as a member of two, albeit crucial committees - the Cabinet Committee on Security (CCS) and the Cabinet Committee on Economic Affairs (CCEA). Later, he was added as a member to four more committees, the Cabinet Committee on Parliamentary Affairs (CCPA), the Cabinet Committee on Political Affairs, the Cabinet Committee on Investment & Growth, and the Cabinet Committee on Employment and Skill Development.
PM Modi is on all panels except the accommodations and parliamentary affairs committees, finance minister Niramala Sitharaman on seven (all except the appointments committee) and commerce and railways minister Piyush Goyal on five (all except the appointments, parliamentary affairs and security committees). New external affairs minister S Jaishankar is a part of the CCS and CCEA.
The committees also have several other special invitees from the Cabinet, apart from senior bureaucrats.
Jun 06, 2019
PM Constitutes 3 Cabinet Committees
Prime Minister Narendra Modi constituted three high-powered panels to tackle the issues of economic growth, employment and national security.
These panels are Cabinet committee on Security, Cabinet Committee on Investment and Growth and Cabinet Committee on Security Employment and Skill Development.
All the three cabinets will be chaired by the Prime Minister.
The Cabinet committee on security and the Cabinet committee on Investment and Growth have five members each. The Cabinet committee on Employment and Skill Development has 10 members.
Jun 05, 2019
Industrial Investment Scheme
The Tripura's BJP-IPFT government brought an amendment in the industrial investment promotion scheme to invite investments that will open gates for more jobs.
The industrial investment promotion scheme was first initiated in 1995. The scheme was amended in 2002, 2007, 2012 and 2017 and this allowed subsidy for investments in small and medium scale industries.
The current revised scheme would allow subsidy for investments in large scale industries too.
The revised scheme would provide five percent subsidy on interests of bank loans to establish industries here.
It would also fully waive state Goods and Service Taxes under industrial promotion subsidy.
The industrialists would get 25% subsidy on electricity bills in their units.
The state government would bear expenses of the industrial workers' Employees Provident Fund along with providing 10% subsidy each for transportation and export promotion under this revised scheme.
Jun 02, 2019
Jagan Starts to Change the Names of Schemes
Two days after taking charge as Andhra Pradesh chief minister, YS Jaganmohan Reddy has begun re-christening welfare schemes named after Telugu Desam Party (TDP) leaders, including party founder NT Rama Rao and current president N Chandrababu Naidu.
The schemes are being renamed after Jagan's late father and former Chief Minister of combined Andhra Pradesh, Y. S. Rajasekhar Reddy, who was called YSR by his loyalists.
At his oath-taking ceremony itself, Jagan had announced that the pension scheme for senior citizens would from now on be called "YSR Pension Kanuka" (YSR pension gift), not "NTR Bharosa" (NTR support) as earlier.
The subsidised lunch scheme launched by the previous Naidu government will also be renamed. Under this scheme, "Anna NTR Canteen" had been opened in several districts after NT Rama Rao, who was called "anna" (elder brother) by the people. The canteens were painted yellow, the TDP colour.
The Anna NTR Canteen at Narsaraopet in Guntur district was renamed "Rajanna Canteen", apparently after YSR who was also called Rajanna. Although official instructions about this change in name have not yet been issued, workers of Jagan's YSR Congress party chose to go ahead with it.
Jun 01, 2019
PM Kisan for All Farmers
The Narendra Modiled National Democratic Alliance (NDA) government unveiled pensions for small traders and farmers, and expanded PM Kisan, the minimum assured income scheme announced in its first term, to include all eligible farmers, two big-ticket announcements just a day after being sworn in for its second term.
The first meeting of the new Cabinet, chaired by Modi, decided to launch two flagship pension schemes, supported entirely by the Centre, to provide a minimum fixed pension of Rs. 3,000 a month for small and marginal farmers and small traders when they reach 60 years.
People between the ages of 18 and 40 are eligible for entry into the schemes.
Under the schemes, all farmers, shopkeepers and retailers, and self employed persons with a GST turnover below Rs. 1.5 crore and aged between 18-40 years can enroll.
According to Union Agriculture Minister Narendra Singh Tomar, the scheme will benefit more than 30 million small shopkeepers and traders and secure the lives of 50 million farmers.