Ministry of Housing and Urban Affairs signed Memorandum of Understanding with Swiggy to take street food vendors online. This was achieved under PM Svanidhi Scheme.
The programme was launched in five cities such as Chennai, Ahmedabad, Indore, Delhi and Varanasi. Under the programme around 250 vendors were taken on-board across the five cities on first day. In future, more than 50 lakh street vendors will be benefited under the scheme.
PM Svanidhi Yojana
The scheme was launched to bring microcredit facility to street vendors at door steps. Under the scheme, the street vendors can avail a working capital loan of up to Rs. 10,000. If the vendor repays the instalment on time, the loan credit amount can be extended to Rs. 20,000. The loan is provided without collateral. The scheme was announced as part of Atma Nirbhar Bharat Abhiyan.
Under the scheme, the street vendors from rural and peri-urban areas are included as beneficiaries of the urban livelihood. This is the first time in Indian history such an inclusion is being made.
The validity of the scheme is till March 2022.
As of October 4, 2020, around 20 lakh loan applications were received. Of this 7.5 lakh have been sanctioned so far and 2.4 lakh were rejected.
Oct 03, 2020
Jal Jeevan Mission: 100 Days of Compangn
The Union Minister of Jal Shakti Gajendra Singh launched 100-days of campaign to provide piped water supply to schools and anganwadi centres. The mission was launched as a part of celebrations of 151st birth anniversary of Mahatma Gandhi.
During the campaign, the States and Union Territories will ensure that Gram Sabhas are convened at the earliest to pass resolution to provide safe water in schools and Anganwadi centres. These facilities are to be operated by Gram Panchayats.
On September 29, 2020, PM Modi released "Margdarshika" for Gram Panchayats and Paani Samitis to implement Jal Jeevan Mission. Margdarshika is operational guidelines for Jal Jeevan Mission.
The mission aims to provide tap connections to every household by 2024. The mission was launched as 81.67% of households in India are yet to receive tap connections. The scheme is implemented at four levels namely National, State, District and Gram Panchayat.
The rural water supply programme in India began in 1972 with the launch of Accelerated Rural Water Supply Programme. It was then renamed as National Rural Drinking Water Programme in 2009.
The Pani Samiti is a statutory committee of Gram Panchayat. The committee will take care of community participation, ownership and contribution with respect to decisions pertaining to water supply systems.
Oct 02, 2020
GoI to Revamp Food Safety and Standards Authority of India
The Ministry of Health and Family Welfare has framed a Food Safety and Standards (Amendment) Bill, 2020. The bill introduces 70 amendments in the FSSAI act, 2006. It intends to revamp the functioning and jurisdiction of the FSSAI.
The amendment will give more powers to FSSAI.
The jurisdiction of FSSAI is to be extended towards animal feed as well
It will simplify the processes and enhance penalties imposed for violations. This will include manufacture and sale of unsafe food, businesses that are carried out without licenses, adulteration of food that leads to death. The punishment of sale of unsafe food under the new amendment has been extended till life imprisonment.
The amendment will specify standards for food packaging material. The food packaging material has been mentioned as "food contact material" in the bill.
A Chief Executive Officer is to be appointed at FSSAI. Earlier, the chairperson and the members were selected based on the recommendations made by the Selection Committee. However, now there would be no role of selection committee.
The process of serving notices to a food business operator has been simplified. The notice shall be issued to those running unsafe restaurants.
The FSSAI was established under FSSAI, 2006. The shortcomings and challenges with the act are as follows
The hawkers, retailers and petty manufacturers are exempted from the ambit of FSSAI. They contribute largely to unorganised food sector
There are no enough food testing laboratories in the country for the authority to scrutinize the food processing industries.
The body has failed to ensure quality, safety and hygiene in the food industry.
There are shortages in enforcement and licensing officers. This severely affects food safety measures and thus it requires a structural reform. This is to be achieved through the current amendment.
The FSSAI has only 377 regulations mentioned. On the other hand, foreign countries have more than 10,000 foods and detailed standards.
Oct 01, 2020
Thaawarchand Gehlot Launches Ambedkar Social Innovation and Incubation Mission
The Minister of Social Justice and Empowerment Minister Thaawarchand Gehlot launched Ambedkar Social Innovation and Incubation Mission for the Scheduled Castes under Venture Capital Funds. The mission aims to promote innovation among the SC students in the country.
The key features of the mission are:
To promote entrepreneurship among SC students with special preference to disabled
To support innovative ideas till 2024 through synergetic work with Technology Business Incubators that are set up by the Department of Science and Technology
To promote, support, and hand-hold start-up ideas till they reach commercial stage. This is to be sone by providing liberal equity support.
To incentivise students with innovative mindset to take entrepreneurship with confidence.
Around 1,000 SC youths are to be identified under the mission in the next four years. The identified persons will be those with start up ideas through technology business incubators in higher educational institutions.
The youths are to be provided with 30 lakh rupees in three years. This is to be provided as equity funding. This will help to transfer their start-up ideas into commercial ventures.
The successful ventures are qualified for the funding up to Rs. 5 crores.
Sep 30, 2020
President Gives Assent to Taxation and Other Laws Bill
The President of India gave his assent to the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, which will extend compliance-related timelines for taxpayers while offering significant relief to foreign investors.
The ministry of law and justice issued a notification to the effect.
The bill, which now becomes an Act, was issued as an ordinance on March 31, 2020, to defer compliance deadlines for direct and indirect taxes amid the Covid-19 pandemic.
The Act also provides significant relief to foreign investors.
Surcharge levied on the dividend income of foreign portfolio investors (FPIs) that use a trust structure will be capped at 15%, offering them significant relief. From April 1, 2020, tax exemption will be provided on the income of category III Alternate Investment Funds in the International Financial Services Centre from 'masala' bonds, derivatives or overseas investments.
Among other changes, tax deduction at source or tax collection at source (TDS, TCS) at three-fourth the rate or 9% a year on transactions from May 14, 2020, till March 31, 2021, will be enacted. The lower rate of interest and exemption from penalty or prosecution in case of non-payments has been enabled in cases of payments of Equalization Levy, Securities Transaction Tax (STT), Commodities Transaction Tax (CTT) besides advance tax, TDS and TCS.
AP CM Launches YSR Jala Kala Scheme
To benefit the small and medium farmers who have no open water source for irrigation, Chief Minister YS Jagan Mohan Reddy launched YSR Jala Kala Scheme. Under the scheme, borewells will be dug free of cost to the needy farmers. The scheme is estimated to bring in five lakh acres under cultivation through groundwater irrigation.
During his 3,648-km padayatra, Jagan met farmers, whose fields were parched due to lack of water sources. They explained how they were being pushed into debts by drilling borewells. After seeing their distress, Jagan promised to provide borewells to farmers having fields in uplands and included the same in the Navaratnalu (nine promises made by the YSRC before the elections).
With the launch of the scheme, one more election promise joins the long list of promises kept by the Jagan Mohan Reddy government. Around three lakh farmers will be benefitted from YSR Jala Kala, which is estimated to cost Rs. 2,340 crore in four years.