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.
Apr 23, 2021
AP Launches Jagananna Vidya Deevena Scheme
The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy released the first tranche of Rs. 672 crore under the Jagananna Vidya Deevena Scheme for the year 2021-22. This reimbursed the fees for 10.88 lakh students. So far, a total of Rs. 4, 879 crore have been disbursed under the Jagananna Vidya Deevena Scheme.
The main objective of the Jagananna Vidya Deevena Scheme is to provide scholarships to all the students who are not able to pay their fees because of their financial burden.
The scheme mainly focuses on students seeking higher education. It aims to provide fee reimbursement to more than 14 lakh students of the state.
The scheme will directly credit the amount into the accounts of students' mothers. Earlier, the money was transferred to the owners of the colleges.
Apr 22, 2021
Piyush Goyal Launches Startup India Seed Fund Scheme
Union Minister for Commerce and Industry, Piyush Goyal launched the Startup India Seed Fund Scheme (SISFS). The Fund aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. An amount of Rs. 945 crore corpus will be divided over the next 4 years for providing seed funding to eligible startups through eligible incubators across India. The scheme is expected to support an estimated 3,600 startups through 300 incubators.
Mr. Goyal said that the SISFS will Secure seed funding, Inspire innovation, Support transformative ideas, Facilitate implementation, and Start startup revolution. He said that this Scheme will create a robust startup ecosystem, particularly in Tier 2 and Tier 3 towns of India, which are often deprived of adequate funding. The Minister said that he would like to especially encourage innovators from rural areas to come forward and benefit from this scheme.
Apr 16, 2021
Van Dhan Vikas Yojana - Promoting and Backing Tribal Entrepreneurship
TRIFED spearheads implementation of the Van Dhan programme in 27 States and 307 Districts with availability of MFPs and significant forest dwelling tribal population. Collection and sale of MFPs contribute 40 – 60 % of tribal annual earnings and further "Value Addition" helps in tripling or quadrupling their income. The program addresses the formidable problems that the Tribals face such as possession of land/house with no rights; restrictions in the collection of minor forest produce; exploitation by middlemen; displacement from national parks and wild sanctuaries, lack of development in forest villages etc.
The Van Dhan Yojana or Van Dhan Scheme, a component of the The 'Mechanism for Marketing of Minor Forest Produce (MFP) through Minimum Support Price (MSP) & Development of Value Chain for MFP' was launched on 14th April, 2018. Implemented by TRIFED as the nodal agency at the national level, the Van Dhan start ups is a well thought master plan for the socio-economic development of the tribal population of the country.
Apr 15, 2021
NIUA Launches Infant, Toddler and Caregiver-Friendly Neighbourhoods Training and Capacity Buildin...
National Institute of Urban Affairs (NIUA) in partnership with Bernard van Leer Foundation (BvLF) virtually launched the 'Infant Toddler and Caregiver-friendly Neighbourhoods (ITCN) Training and Capacity Building Programme'. The Programme is designed to help build capacities of city officials and young professionals for developing young children and family-friendly neighbourhoods within cities in India.
The programme is envisioned with the twin objectives: First, embedding the learnings from the inventory of knowledge developed by NIUA and BvLF within the on-going and proposed urban development initiatives at neighbourhood and city level; and second, handholding participants to embed learnings into the various initiatives of the cities, taking into account the everyday needs of young children and caregivers. In addition, an academic certified course for young professionals has been planned to sensitize them about the needs of young citizens (0-5 years) in the city and to equip them with the adequate tools for the purpose.
The event was launched remotely by Mr. Kunal Kumar, Joint Secretary & Mission Director (Smart Cities), Ministry of Housing and Urban Affairs, GoI.