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Tag: Centre government

Modi govt plays first move to privatize Railways, invites private players to run 151 trains

July 3, 2020
railways
  • In a notable push to privatization in the Indian Railways, Railways Board chairman VK Yadav stated that by 2023, about 5 percent of traveler train operations will be carried out by the private players, so as to start a jump towards technological advancements and enhanced speeds in the Railway operations.

On Narasimha Rao’s 100th anniversary, Govt. to release memorial stamp to honor former Prime Minister

July 2, 2020
Narasimha Rao
  • The Centre Government on 30th June declared the launch of a commemorative stamp in the honour of late PM PV Narasimha Rao. The decision comes a day after the country observed the 100th birth anniversary of Rao.

Tamil Nadu, World Bank ink loan agreements worth $250 mn to advance affordable housing projects

June 30, 2020
World Bank
  • The central government, Tamil Nadu state government and the World Bank on 29th June inked loan ventures worth $250 million for two projects to encourage low-income groups in the state to have access to affordable housing.

Govt starts PM FPE scheme

June 29, 2020
PM Modi
  • The government on 29th June started the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of ‘Atmanirbhar Bharat Abhiyan’ and as a part of Prime Minister’s ‘Atmanirbhar Bharat Abhiyan’. It will serve 8 lakh units through access to information, training, better exposure and formalization.

NCAER forecasts India’s GDP growth at 1.3% in FY21

June 28, 2020
GDP
  • National Council of Applied Economic Research (NCAER) announced the Indian economy could be developing at 1.3% in FY21 as a base case scenario. This prediction is based on the incorporation of the monetary and fiscal stimulus measures undertaken by the Reserve Bank of India (RBI) and the central government.

‘Sankalp Parva’ on the call of Prime Minister by Ministry of Culture from 28th June to 12th July 2020

June 28, 2020
Plantation
  • The Union Ministry of Culture has declared on 27th June 2020 that on the call of Prime Minister Narendra Modi the Ministry has selected to commemorate a 2-week long tree plantation campaign called ‘Sankalp Parva’ from 28th June to 12th July 2020. This was told by the Union Minister of State for Culture (Independent Charge) Prahlad Joshi.

Govt to give 2% interest subsidy to ‘Shishu’ borrowers under Mudra Yojna

June 25, 2020
Money
  • The government on 24th June planned to give 2% interest subvention to borrowers under the ‘Shishu’ section of the flagship Pradhan Mantri MUDRA Yojana (PMMY). Collateral free loans of up to ₹50,000 are provided to beneficiaries.

Centre allotted Rs. 412.19 Crore for Telangana under Jal Jeevan Mission in 2020-21

June 24, 2020
Jal Jeevan Mission
  • The Central minister stated that in 2019-20 Telangana was allotted with ₹ 259.14 Crore and only ₹ 105.52 Crore could be delivered by the Government of India as State was incapable to avail the second installment due to non-reporting of physical progress and non-submission of the proper expenditure plan.

HRD Minister Ramesh Pokhriyal Nishank starts YUKTI 2.0 platform for innovators

June 24, 2020
YUKTI 2.0
  • The Ministry of Human Resource Development (MHRD) has started a new platform, named Yukti 2.0, which is an online depository for innovative concepts aimed at fostering and promoting innovation among students and teachers. The portal, named Yukti 2.0, was originally promoted with the name Massive Indian Novelty Depository (MIND).

Centre confirms funding of Rs 1,829 for implementation of Jal Jeevan Mission in Maharashtra

June 21, 2020
Jal Jeevan Mission (Har Ghar Jal)
  • The Centre has signed funding of 1,829 crore rupees for the effective implementation of Jal Jeevan Mission in Maharashtra for 2020-21. Jal Jeevan Mission is a flagship programme started by Prime Minister Narendra Modi 2019.