Governance

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Dr. Harsh Vardhan Releases White Paper on ‘Focused Interventions for ‘Make in India’

Dr. Harsh Vardhan, Union Minister for Science & Technology, Health and Family Welfare and Earth Sciences today released a white paper on “Focused Interventions for ‘Make in India’: Post COVID 19” and “Active Pharmaceutical Ingredients: Status, Issues, Technology Readiness and Challenges”, prepared by Technology Information, Forecasting and Assessment Council (TIFAC), at a virtual function, here.

Cabinet Approves the Proposal to Extend the EPF Contribution 24% for Another 3 Months

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has given its approval for extending the contribution both 12% employees’ share and 12% employers’ share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.

Indian Navy Completes “Operation Samudra Setu”

Operation Samudra Setu, which was launched on 05 May 2020 as part of the national effort to repatriate Indian citizens from overseas during the COVID-19 pandemic has culminated after successfully bringing 3,992 Indian citizens back to their homeland by sea. Indian Naval Ships Jalashwa (Landing Platform Dock), and Airavat, Shardul and Magar (Landing Ship Tanks) participated in this operation.

Cabinet Approves Capital Infusion for the Three Public Sector General Insurance Companies

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the capital infusion for an overall value of Rs.12,450 crore; (including Rs. 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs) namely Oriental Insurance Company Limited (OlCL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL)

Cabinet Approves Central Sector Scheme of Financing Facility Under ‘Agriculture Infrastructure Fund’

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has given its approval to a new pan India Central Sector Scheme-Agriculture Infrastructure Fund. The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.

India Ranks 34th in JLL’s Global Realty Transparency Index

India’s Global Real Estate Transparency Index ranking has improved by one notch to 34 on the back of regulatory reforms, better market data and green initiatives, as per property consultant JLL. During 2018 bi-annual survey, India ranked 35th in the index, while the country was at 36th position in 2016 and 39th in 2014.

India-China Tussle: Government Seeks Stricter Checks on Sri Lanka, Bangladesh, South Korea, Asean imports

The commerce and industry ministry has sought stricter scrutiny of goods coming from Bangladesh, Sri Lanka, South Korea and the Asean bloc, amid fears of Chinese imports increasingly being routed through these countries. It has pushed for fast tracking amendments to the customs law to tighten the rules to claim concessional benefits under India’s free trade pacts, in line with the changes proposed in the budget this year.

More than 2 Crore N95 Masks & More than 1 Crore PPEs Distributed Free of Cost to States

Along with augmenting COVID-19 facilities, Centre has been providing medical supplies free of cost to the State/UT governments to supplement their efforts. Most of the products supplied by Government of India (GOI) were not being manufactured in the country in the beginning, and there was a global demand due to the pandemic resulting in scare availability in the foreign markets.