Centre releases 7,300 crore rupees to States & UTs under MGNREGA
Centre has released 7,300 crore rupees to the States and Union Territories under Mahatma Gandhi National Rural Employment Guarantee Scheme to liquidate pending dues of last financial year but also the wage dues for the first fortnight of 2020-21.
Rural Development Minister Narendra Singh Tomar conducted a detailed review of all flagship schemes of the Rural Development.
He desired that MGNREGA works in Non-Containment Areas with adequate focus on social distancing, must be resumed in an efficient manner. The Minister said, the focus should be on creating durable assets relating to irrigation and water conservation.
Apr 19, 2020
Power Ministry floats draft Electricity Act Bill 2020
The supply of quality power at affordable prices is essential for sustained growth of the economy of the country. Ministry of Power issued a draft proposal for amendment of Electricity Act, 2003 in the form of the draft Electricity Act (Amendment) Bill, 2020 for comments/suggestions from Stakeholders on 17th April 2020.
The tariff be determined by Commissions without taking into account the subsidy.
High Court is proposed to be set-up with powers of the Civil Court to enforce performance of contracts related to purchase or sale or transmission of power.
Apr 18, 2020
10 Lakhs Rupees Compensation To All Postal Employees In Case Of Succumbing To Corona Disease
Department of Posts decides to extend payment of compensation of 10 lakh rupees to all postal employees including Gramin Dak Sevaks succumbing to the corona disease.
The Department of Posts has decided to extend payment of compensation of 10 lakh rupees to all postal employees including Gramin Dak Sevaks succumbing to the corona disease.
Apr 15, 2020
GoI Launches Sovereign Gold Bonds Scheme 2020-21
The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from April 2020 to September 2020, according to a statement issued by the Ministry of Finance.
The Bonds will be sold through Scheduled Commercial banks (except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Exchange Limited.
The minimum investment limit for Sovereign Gold Bond is 1 gram of gold, while the maximum limit of subscription is 4 kg for individual, 4 kg for HUF and 20 kg for trusts and similar entities, as notified by the government from time to time. The tenor of the Bond will be for a period of 8 years with exit option after completion of five years.
Apr 14, 2020
Atal Innovation Mission, NITI Aayog & National Informatics Centre (NIC) jointly launches CollabCA...
Atal Innovation Mission, NITI Aayog and National Informatics Centre (NIC) jointly launched CollabCAD, a collaborative network, computer enabled software system, providing a total engineering solution from 2D drafting & detailing to 3D product design.
The aim of this initiative is to provide a great platform to students of Atal Tinkering Labs (ATLs) across country to create and modify 3D designs with free flow of creativity and imagination. This software would also enable students to create data across the network and concurrently access the same design data for storage and visualization.
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