General Awareness

GOVERNMENT POLICIES AND SCHEMES - July 2019

Jul 2019

Apr 22, 2020

Guj govt''s water conservation scheme begins

Amid the lockdown for the coronavirus outbreak, Gujarat Chief Minister Vijay Rupani on Tuesday gave the green signal for the third edition of his government''s ''Sujalam Sufalam Jal Sanchay Abhiyan'' , a conservation plan to deepen water bodies in the state before monsoon.
The scheme, which will continue till June 10, 2020 will see the deepening of lakes, check dams and rivers by removing silt, and it will be done with people''s participation as well as under MNREGA.

IREDA to handle CPSU Scheme Phase-II: MNRE

The Ministry of New and Renewable Energy (MNRE) on its behalf in the amended clause has appointed the Indian Renewable Energy Development Agency Limited (IREDA) as the implementing agency to handle the Central Public Sector Undertaking (CPSU) Scheme Phase-II & all issues regarding the time-extension and dispute resolution on inevitable events.
IREDA will conduct bidding for solar power projects allocation in the Scheme with Viability Gap Funding (VGF) amount as a bid parameter to select project proponents. MNRE will timely review the maximum permissible VGF amount & will reduce if the cost difference comes down.

Apr 20, 2020

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.

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