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GOVERNMENT POLICIES AND SCHEMES - February 2020

Feb 2020

Jan 26, 2021

Shah Launches Cashless Medical Treatment Scheme for CAPF Personnel and Families

  • Union home minister Amit Shah launched Ayushman CAPF, a cashless medical treatment scheme for central armed police forces personnel and their families in Guwahati.
  • Under the scheme, nearly 5 million CAPF personnel and their families can avail cashless medical treatment in nearly 24,000 Pradhan Mantri Jan Arogya Yojana (PMJAY) and central government health scheme (CGHS) empanelled private hospital across India.
  • This scheme is an extension of Ayushman Bharat scheme launched by Prime Minister Narendra Modi.

Jan 25, 2021

Cabinet Approves Investment for 850 MW Ratle Project on Chenab River

  • The Union Cabinet has approved 850 megawatts (MW) Ratle hydropower project worth Rs. 5281.94 crore on Chenab river in Kishtwar district of Jammu and Kashmir.
  • The project is being implemented under the Centre's plan to expedite strategically important hydropower projects in the union territory post its reorganisation.
  • The project will be developed by a new joint venture company between state-run National Hydroelectric Power Corporation (NHPC) Ltd and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC), where NHPC will have a 51% stake in the JV firm, while the balance will be held by JKSPDC.

Jan 21, 2021

Assam Launches Self-employment Scheme to Help 2 lakh Youth

  • The Assam government re-launched an old scheme with the aim of providing self-employment avenues to around 200,000 young men of the state.
  • Called Redesigned Swami Vivekananda Assam Youth Empowerment (Re-SVAYEM), the scheme worth Rs. 1000 crore will provide Rs. 50,000 each as seed money to selected youth to start business ventures.
  • The scheme was part of the BJP-led government's budget speech in 2017-18, but instead of benefitting 100,000 young men as planned it managed to get only around 7,000 beneficiaries due to lack of adequate support from banks.
  • To claim benefit of the scheme, the applicants will have to be below 40 years of age, must have passed Class X and should be part of existing self-help groups (SHGs).

Jan 20, 2021

Draft Scheme to Provide Jobs to 25 Youth in every Tribal Village

  • Union minister Nitin Gadkari asked the Tribal Affairs Ministry to coordinate with the MSME Ministry and come up with a scheme to provide employment to 25 people in every tribal village in India.
  • The minister for Micro, Small and Medium Enterprises (MSME) and Road Transport & Highways said five crore jobs should be created by the MSME sector this year.
  • He observed that there are 6.5 crore MSME units in the country and 11 crore jobs have been created through the sector till now.

Jan 19, 2021

PM Modi Launches Rs. 1,000-crore 'Startup India Seed Fund'

  • Prime Minister Narendra Modi has launched Rs. 1,000-crore 'Start-up India Seed Fund', while addressing the 'Prarambh: Start-up India International Summit' 2021. This initiative will help in setting up new start-ups and promote their growth.
  • The Start-up India Seed Fund would support start-ups in need of initial capital to start and grow their business and help budding entrepreneurs pursue innovative ideas.
  • The government has been implementing the Fund of Fund Scheme to help start-ups raise equity capital. Going forward, the government will also help start-ups in raising debt capital.
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