Govt. Approves Scheme for Promoting ACC Battery Manufacturing
The government approved the Production Linked Incentive (PLI) scheme for manufacturing advanced chemistry cell (ACC) battery at an estimated outlay of Rs. 18,100 crore.
With the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to attract foreign and domestic investment of Rs. 45,000 crore, Information and Broadcasting Minister Prakash Javadekar told reporters after the Cabinet meeting.
The proposal aims to achieve manufacturing of 50 gigawatts of battery storage, these incentives will be available to those companies having higher production and sales capability.
The policy aims to make manufacturers globally competitive, boost exports, achieve economies of scale and produce cutting edge products.
Odisha government has announced Gopabandhu Sambadika Swasthya Bima Yojana for journalists. Odisha has declared the journalists as frontline Covid warriors. It will benet more than 6500 journalists of the state.
Under the Gopabandhu Sambadika Swasthya Bima Yojana, a health insurance cover of Rs. 2 lakh will be provided to each Journalist. Under the scheme, financial assistance of Rs. 15 lakh will be provided to the families of journalists who died from COVID-19 while performing duty.
May 05, 2021
Restore MPLADS so That MPs can Use it for Covid Management
Bahujan Samaj Party leader and Member of Parliament from Amroha, UP, Kunwar Danish Ali has asked Prime Minister Narendra Modi to immediately restore the Member of Parliament Local Area Development Scheme (MPLADS) so that lawmakers can utilise it to provide immediate medical relief to people in their respective constituencies amid the second wave of Covid-19.
MPLADS, which has been suspended for the past two years by the government which wanted to utilise them for Covid management and healthcare facilities, is a scheme under which each MP can suggest to the district collector works to the tune of Rs. 5 crore per annum in their constituency.
Schemes Related to Children, Pregnant, Lactating Women must Remain Functional
The Delhi Rozi Roti Adhikar Abhiyan (DRRAA) wrote to Chief Minister Arvind Kejriwal demanding that all schemes related to children, pregnant and lactating women should remain functional and be considered essential services.
In view of several children being affected by COVID, the DRRAA has also demanded that there should be a special mechanism in place to track children who test positive, test their families and provide care.
In its letter to Mr. Kejriwal, the DRRAA said: "Children who need institutional care should be identified proactively and ensured access. This can be done in coordination with the child welfare committees and Anganwadi centres and monitored by Delhi Commission for Protection of Child Rights [DCPCR]. Masks should be distributed in the communities and the message needs to be given that even children need to wear mask."
The DRRAA also said growth monitoring, identification and follow-up of severely malnourished children must continue and depending on the local situation, a provision for cooked meals that are delivered at home be made available.
May 03, 2021
SIDBI Launches SHWAS and AROG Loan Schemes for MSMEs
The Small Industries Development Bank of India (SIDBI) has launched two loan products for MSMEs to help them with the required financial support in the fight against the COVID-19 pandemic. These two new quick credit delivery schemes will facilitate funding for production and services related to the supply of oxygen cylinders, oxygen concentrators, oximeters and essential drugs by MSMEs.
The two new loan products are:
SHWAS – SIDBI assistance to Healthcare sector in War Against Second wave of COVID19.
AROG – SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID19 pandemic.
The schemes are devised under the guidance of the Government of India (GoI) which facilitates funding for production and services related to the supply of oxygen cylinders, oxygen concentrators, oximeters and essential drugs.
Apr 24, 2021
Atal Pension Yojana Sees 79 Lakh New Additions in FY21
Atal Pension Yojana (APY) subscribers crossed the 3-crore mark by the end of March 2021 with addition of over 79 lakh new subscribers to the scheme in 2020-21.
According to the Pension Fund Regulatory and Development Authority (PFRDA), during the financial year 2020-21, more than 79 lakh new APY subscribers joined Atal Pension Yojana (APY) leading total enrolments to over 3.02 crore as on March 31, 2021.
With regard to 79.14 lakh new additions during 2020-21, SBI sourced as many as 28 per cent, equivalent to 22.07 lakh subscribers, followed by Canara Bank and Indian Bank, sourcing 5.89 lakh and 5.17 lakh subscribers, respectively.
Among others, Bank of Baroda, Airtel Payment Bank, Bank of India, Central Bank of India, Punjab National Bank, Union Bank of India, Indian Overseas Bank, Axis Bank, HDFC Bank, Aryavart Bank and Baroda UP Bank added between 1 and 5 lakh new APY accounts in 2020-21.