Govt. Extends ECLGS till March 2023; Includes Hospitality Sector
The Centre extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one year to March 2023, and allowed the hospitality sector to avail the benefit of the credit guarantee scheme to help small businesses mitigate the impact of the pandemic.
As the hospitality and related services are yet to regain their pre-pandemic level of business, the guarantee cover has been expanded by Rs. 50,000 crore taking the total cover to Rs. 5 trillion, with the additional amount earmarked exclusively for the hospitality and related enterprises.
The ECLGS has provided much-needed additional credit to more than 130 lakh MSMEs. This has helped them mitigate the adverse impact of the pandemic.
Jan 28, 2022
Drone Certification Scheme
The Ministry of Civil Aviation (MoCA) notified a drone certification scheme for ensuring minimum safety and quality requirements, because it will boost indigenous manufacturing.
The drone certification scheme was notified under Rule 7 of the liberalized Drone Rules, 2021. The scheme will help in simpler, faster and transparent type-certification of drones.
It will help in growth of drone manufacturing industry in India, along with the liberalised drone rules, production-linked incentive scheme, airspace map, and single window Digital Sky Platform.
It is another step in making India a drone hub of the world by 2030.
Jan 07, 2022
GoI Flagship UJALA Scheme Completes 7 Years
The flagship UJALA programme of the Ministry of Power has successfully completed seven years of distributing and selling LED lights in January 2022. Unnat Jyoti by Affordable LEDs for All (UJALA) scheme was launched by Prime Minister Narendra Modi in January 2015.
UJALA initiative is the world's largest zero-subsidy domestic lighting programme with more than 36.78 crore LEDs distributed across the country.
As on January 5, 2022, 47,778 million (48 billion) kilowatt-hour (kWh) per annum energy was saved. The demand of 9,565 Megawatt (MW) was avoided, along with 386 crore tonnes of reduction in CO2 emissions.
Jan 05, 2022
Punjab CM Channi Launches Employment Guarantee Scheme
Chief Minister Charanjit Singh Channi launched the Punjab Government Rozgar Guarantee for Youth (PRAGTY) scheme that promises to generate 1 lakh government jobs each year for youngsters, a development that comes as his government pushes for re-election this year. The scheme was later approved by the Cabinet.
Dec 30, 2021
Goa Govt. Approves Policy to Export Rejected Iron Ore
The Goa cabinet approved a policy to permit the export of iron ore dumps, which will allow the resumption of mining activity in the coastal state for the next four to five years.
Chief Minister Pramod Sawant said that 10 to 20 million metric tonnes of the low-grade iron ore was lying at different locations outside the mining leases, which can be exported as a part of the policy.
The state government's policy will regularise mining dumps on government and private lands.