General Awareness

GOVERNMENT POLICIES AND SCHEMES - July 2022

Jul 2022

Oct 13, 2022

Cabinet Approves Rs. 6,600 crore Scheme 'PM-DevINE' for North-Eastern States

Prime Minister's Development Initiative for North East Region (PM-DevINE), a Rs. 6,600 crore scheme to support infrastructure, industries and other livelihood projects in the North-eastern states, was approved by the Union Cabinet, chaired by Prime Minister Narendra Modi.
The new scheme, to be implemented during the remaining four years of the 15th Finance Commission from 2022-23 to 2025-26, is a 100 per cent Central government-funded plan and would be administered by the Ministry of Development of North Eastern Region (DoNER).
The PM-DevINE will lead to the creation of infrastructure, support industries, social development projects and create livelihood activities for youth and women, thus leading to employment generation.
The objectives of the PM-DevINE are to: fund infrastructure convergently, in the spirit of PM Gati Shakti, support social development projects based on the needs of the NE region, enable livelihood activities for youth and women and fill the development gaps in various sectors.

Oct 10, 2022

DPIIT Notifies Establishment of Credit Guarantee Scheme for Start-ups

The Department for Promotion of Industry and Internal Trade (DPIIT) notified the establishment of the Credit Guarantee Scheme for Start-ups (CGSS) to provide credit guarantees to loans extended by banks, non-banking financial companies and SEBI-registered alternative investment funds (AIFs).
The credit guarantee provided under the CGSS, which is aimed at providing credit a guarantee of up to a specified limit against loans extended by member institutions (MIs) to finance eligible borrowers viz start-ups, would be transaction-based and umbrella-based. The exposure to individual cases would be capped at Rs. 10 crore per case or the actual outstanding credit amount, whichever is less.

Oct 07, 2022

CM Bhupendra Patel Floats 'Aatmanirbhar Gujarat Scheme' to Boost Industry

Chief Minister Bhupendra Patel announced the 'Aatmanirbhar Gujarat Scheme for Assistance to Industries' in Gandhinagar with the aim to bolster to manufacturing sector in the state. Patel said that Prime Minister Narendra Modi has envisioned an 'Aatmanirbhar Bharat; by 2047, a year when India would celebrate 100 years of Independence. "Under his leadership, India has risen as the fastest-growing economy on the global map. Given this opportune time, the scheme aims to attract industries and investors and thereby create large-scale employment opportunities.

Oct 05, 2022

Chhattisgarh Govt. Launches Scheme to Develop Rural Industrial Parks

Chhattisgarh Chief Minister Bhupesh Baghel launched a new scheme to develop 'gauthans' (cow shelters) as rural industrial parks for livelihood generation.
As per reports, around 300 gauthan cum industrial parks would be set up under the scheme named Mahatma Gandhi Rural Industrial Parks (MGRIP). A total budget of Rs. 600 crore has been pooled in the current financial year's budget.
The state government has set up gauthans in over 8,000 villages under its flagship scheme Suraji Gaon Yojna (village good governance scheme).
Under MGRIP, selected gauthans are now being developed as rural industrial parks where apart from producing vermicompost, activities like poultry farming, fisheries, food processing will also be carried out. Each development block in the state would have two rural industrial parks in the first phase.

Oct 03, 2022

Telangana Govt. Introduces 'Aasara' Pension for Poor

As a part of its welfare measures and social safety net strategy, the Telangana government introduced the 'Aasara' pensions, with a view to ensuring secured life for all the poor.
It is a welfare scheme of pensions to old people, widows, physically disabled and beedi workers.
Tahsildar of Asif Nagar, D. Sunil Kumar said that 10,000 new Aasara pensions were sanctioned under Asif Nagar Mandal jurisdiction.

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