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Special Liquidity Scheme for NBFCs and HFCs

Special Liquidity Scheme for NBFCs and HFCs

With a view to improving the liquidity position of NBFCs as well as HFCs, the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman had announced on 13th March 2020, launch of a Special Liquidity Scheme of Rs. 30,000 crore. RBI will provide funds for the Scheme by subscribing to …

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Udyam Registration Portal For MSMEs Becomes Operational from Today

Udyam Registration Portal For MSMEs Becomes Operational from Today

Udyam Registration Portal developed by Ministry of Micro, Small and Medium Enterprises has become operational from today. The new process of classification and registration of enterprises has started as already declared vide notification dated 26th June, 2020. Alongwith launching the portal https://udyamregistration.gov.in for online registration, M/o MSME has also organized …

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COVID-19 Recovery Rate increases; touches 59.43%

COVID-19 Recovery Rate increases; touches 59.43%

As a result of the coordinated steps taken by Government of India along with States/UTs for prevention, containment and management of COVID-19, there are 1,27,864 recovered cases more than the active COVID-19 cases, as on date. This has resulted in the recovery rate further increasing to 59.43%. During the last …

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Plan to kick start cashless treatment of motor accident victims

Plan to kick start cashless treatment of motor accident victims

Ministry of Road Transport and Highways has prepared a blue print for implementing the scheme of cashless treatment of motor accident victims, as contemplated under the MV Act 2019. This includes treatment of victims during the crucial Golden hour. The ministry has written to principal secretaries and secretaries in charge …

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Amazon Prime Video drops the trailer for the eagerly awaited all-new Amazon Original Series Breathe: Into The Shadows

Amazon Prime Video drops the trailer for the eagerly awaited all-new Amazon Original Series Breathe: Into The Shadows

Breathe: Into The Shadows is a 12-part Amazon Original Series that follows a desperate father who will go to any lengths to find his missing daughter. The psychological crime thriller is created and produced by Abundantia Entertainment, created and directed by Mayank Sharma and stars superstar Abhishek Bachchan in his …

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Made in India social app Raask launched by Media Officers all set to replace and outshine TikTok

Made in India social app Raask launched by Media Officers all set to replace and outshine TikTok

In an innovative and new development, the Made in India concept has once again reared its head to prove how Indians can take on challenges successfully within a stipulated time period and emerge victorious. In a recent move the Indian Government has banned Chinese mobile applications, including top social media …

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Taara Malhotra’s Tarot Card Reading & Tarot Courses are all across the world, help people to take wise decisons & even grow professionally

Taara Malhotra's Tarot Card Reading & Tarot Courses are all across the world, help people to take wise decisons & even grow professionally

Taara Malhotra is a known face when it comes to the spiritual world. She has been known to offer people seeking help in the spiritual life. She has even guided top Bollywood actors like Shah Rukh Khan, Akshay Kumar, Anushka Sharma, Katrina Kaif and others. She has been providing services …

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Jharkhand’s Sahiyas: An inspiration to Community Health Workers everywhere

Jharkhand’s Sahiyas: An inspiration to Community Health Workers everywhere

On 13th March, 2020, Kamarunisha and her husband Noor Mohammad, of Telo village in Bokaro district, Jharkhand returned home after participating in the Jamaat. They were tested for COVID-19 at the airport and advised home quarantine in their village. The village Accredited Social Health Activist (ASHA), known as Sahiya, Reena …

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India’s AI enabled MyGov Corona Helpdesk bagged two awards at Global Leadership Summit and Festival of AI & Emerging Technology, CogX 2020

India’s AI enabled MyGov Corona Helpdesk bagged two awards at Global Leadership Summit and Festival of AI & Emerging Technology, CogX 2020

AI enabled MyGov Corona Helpdesk bagged two awards under categories (1) “Best Innovation for Covid-19 – Society” and (2) “People’s Choice Covid-19 Overall Winner”, at the recently held CogX 2020, which is a prestigious Global Leadership Summit and Festival of AI & Emerging Technology held annually in London.The awards were …

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PM addresses nation and announces extension of Pradhan Mantri Garib Kalyan Anna Yojana

Prime Minister Narendra Modi today addressed the nation and announced the extension of Pradhan Mantri Garib Kalyan Anna Yojana till the end of November. Helping hand to the poor Prime Minister emphasized that provision of food to those in need during lockdown has been the foremost priority of the country. As soon as lockdown was announced, the government brought about PM Garib KalyanYojana, under which a package of Rs 1.75 lakh crore for the poor was announced. He noted that in the last three months, Rs 31,000 crore has been transferred in the Jan Dhan accounts of almost 20 crore poor families, Rs 18,000 crore has been transferred to the bank accounts of more than 9 crore farmers and Rs 50,000 crore is being spent on PM Garib Kalyan Rojgar Abhiyaan, which has been started to provide employment opportunities. Extension of PM Garib Kalyan Anna Yojana till November Prime Minister observed that the enormityof the decision to provide free ration for three months to more than 80 crore people ie providing 5 kg free rice/wheat to each member of the family, along with providing 1 kg pulses to each family, per month, has made the entire world take notice. The number of people who were provided free ration is several times the population of many large countries, he said. Prime Minister noted that with the commencement of the rainy season, most of the work takes place in the agriculture sector. Also,several festivals take place one after the other, including Guru Purnima, Rakshabandhan, Shri Krishna Janmashtami, Ganesh Chaturthi, Onam, Dussehra, Deepawali, Chhath Puja, among others. He announced that keeping in mind that requirements as well as expenditure increase during this time, the government has decided to extend PM GaribKalyan Anna Yojana tillDeepawali and Chhath Puja, ie the scheme will continue to remain applicable from July till the end of November. During this five-month period, more than 80 crore peoplewill be provided 5 kg free wheat/rice per month. Along with providing 5kg free rice/wheat to each member of a family, 1 kg free whole chana will also be provided to each family per month. The government will spend more than Rs 90,000 crore towards the extension of the scheme, the Prime Minister said, adding that if the amount spent towards it in the previous three months is added together, a total of almost Rs 1.5 lakh crore would be spent towards the scheme. He credited and thanked the hard-working farmers and honest tax payers for making it possible for the government to procure and distribute free foodgrains. Prime Minister underlined that the country is moving towards the institution of ‘one nation, one ration card’, which will be of immense benefit to the poor who travel to other states in search of work. Staying safe during Unlock 2 Prime Minister noted that the shift of the fight against coronavirus to Unlock 2 coincides with the weather which results in several ailments. He asked everyone to take care of their health. He observed that due to timely decisions like lockdown, it has been possible to save the lives of lakhs of people and the death rate in the country is amongst the lowest in the world. However, irresponsible and negligent behavior has been on the rise during Unlock 1, he said, adding that earlier people were more careful about usage of mask, washing hands for more than 20 seconds several times during the day and maintaining ‘do gazdoori’. He emphazied that when more being more careful is necessary, rise of negligence is a cause of concern. Prime Minister said that regulations need to be followed with the same seriousness as during Lockdown, especially in the Containment Zones. He exhorted people to spread awareness amongst those not following such rules and regulations, giving example of the Prime Minister of a country being fined Rs 13000 for not wearing mask in a public place. He said that local administration in India will need to act with same alacrity, since no one, including the Prime Minister, is above the rule of law. Looking ahead Prime Minister said that in the coming times, government will continue to take further steps to empower the poor and the needy. Economic activities will also be enhanced, with due precautions in place. He reiterated the pledge to work towardsAtmanirbhar Bharat and to be vocal for local, while also asking people to be careful,use mask/face cover and continue following the mantra of maintaining ‘do gaz doori’.

Prime Minister Narendra Modi today addressed the nation and announced the extension of Pradhan Mantri Garib Kalyan Anna Yojana till the end of November. Helping hand to the poor Prime Minister emphasized that provision of food to those in need during lockdown has been the foremost priority of the country. …

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