Governance

Government policies, leadership stories and much more

More than 28.68 Crore Loans for An Amount of INR 14.96 Lakh Crore Sanctioned Since the Launch of PMMY

Ministry of Finance is committed to provide financial inclusiveness and support to the marginalized and hitherto socio-economically neglected classes. Financial needs of all stakeholders ranging from the budding entrepreneurs to the hard-working farmers has also been catered to through various initiatives. A key initiative towards this is Pradhan Mantri MUDRA Yojana (PMMY), which has given wings to the dreams and aspirations of millions, along with a feeling of self-worth and independence.

92% Target Achieved in the 1st Phase of Pradhan Mantri Awaas Yojana – Gramin

In the FY 20-21, a total allocation of Rs. 19,269 crore (US$ 2.63 billion) was made available as budgetary support, in addition, extra-budgetary support of Rs. 20,000 crore (US$ 2.73 billion) has been provided, the overall release of Rs. 39,269 crore (US$ 5.36 billion) is so far the highest in any year since the launch of PMAY-G. The expenditure incurred by states including state share has also seen an unprecedented increase in the current FY amounting to Rs. 46,661 crore (US$ 6.37 billion), which is the highest since the launch of the scheme.

More than INR. 25,586 Crore Sanctioned to Over 1,14,322 Accounts for Stand-Up India Scheme in 5 years

India is growing rapidly. Hopes, Aspirations and Expectations are rising. There is a large group of potential entrepreneurs particularly women and Scheduled Caste (SC), Scheduled Tribes (ST) who want to set up an enterprise of their own, which allows them to grow and thrive. Such entrepreneurs are spread across country and are bubbling with ideas on what they can do for themselves and their families.

Union Education Minister inaugurates Änandam: The Center for Happiness in IIM Jammu

Union Minister of Education Mr. Ramesh Pokhriyal ‘Nishank’ inaugurated “Ä€nandam: The Center for Happiness” virtually today. Lieutenant Governor, Jammu and Kashmir, Mr. Manoj Sinha; Founder, Art of Living Foundation, Sri Sri Ravi Shankar virtually graced the ocaasion. Dr. Milind Kamble, Chairman, Board of Governors, IIM Jammu presided over the event, whereas Prof. B. S. Sahay, Director IIM Jammu was also present.

India Imposes 40% Import Duty On Solar Modules

The Minister of New and Renewable Energy recently announced the imposition of a basic customs duty on solar cells and modules. Solar cells imported into India will attract a 20% duty while a 40% duty will be levied on imported modules. These duties will be imposed starting 1 April 2022.

Unique ID for All Land Parcels by March 2022: Centre

It can be described as “the Aadhaar for land” and will be used to prevent land fraud, a Department of Land Resources official told The Hindu. The identification will be based on the longitude and latitude coordinates of the land plot, which in turn will be based on detailed surveys and geo-referenced cadastral maps, the report stated.