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Centre Approves Raising And Accelerating MSME Performance By World Bank

Pooja YadavApril 1, 20220

The Union Cabinet has approved the “Raising and Accelerating MSME Performance” (RAMP) programme that's also supported by the World Bank and can cost Rs 6,062.45 crore. The newly launched RAMP scheme would commence within the fiscal year 2022-23. The recommendation was made by K V Kamath Committee, U K Sinha Committee and Economic Advisory Council to the Prime Minister (PMEAC). The total financial outlay for the RAMP scheme is Rs.6,062.45 crore (USD 808 Million). United Nations agency is providing a loan of Rs.3750 crore (USD 500 Million) for this programme and therefore the remaining Rs.2312.45 crore (USD 308 Million) is being funded by the Central government. This scheme is looking to support various COVID-19 related Recovery and Resilience Interventions of the Ministry of ...

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Electrification Of 741-Km Konkan Railway Stretch Begins

Pooja YadavApril 1, 20220

This project involves electrification of the 741-kilometre stretch will bring about savings of fuel amounting to Rs 150 crore. This project will reduce the dependence on diesel along with ensuring pollution-free, seamless operations. The Indian Railways have plans for 100% electrification of its broad-gauge network by December 2023. Mumbai, the business capital is connected with Mangalore via the Konkan Railway. Not only this but the Konan Railways line passes through Goa, Maharashtra, and Karnataka along the country’s western coast. The project’s foundation was laid in 2015 with a cost that stands at Rs 1,287 crore. Electrification of railway lines will be done by South Central Railway (SCR) Along with this project, the SCR has also completed 163 kilometres of electrification o...

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Border Agreement Signed Between Assam, Meghalaya; Know Some Key Points

Pooja YadavApril 1, 20220

A border agreement has been signed between Assam and Meghalaya recently. With this newly signed Memorandum of Understanding (MoU), Meghalaya will gain 18.33 square kilometers and Assam 18.46 sq km out of the entire of 36.79 sq km in 6 out of 12 areas differences were resolved between the 2 states. As far as the MoU is concerned, it was signed between Himanta Biswa Sarma, the chief minister of Assam, and Meghalaya chief minister Conrad K Sangma. Amit Shah, the Union home minister was also present during this signing. The boundary dispute has been happening between both states for an extended period of your time and over the years 50 meetings are conducted to resolve this issue. The MoU is considered to be a full and final agreement with respect to the six areas of differen...

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CS Rajan Takes Charge As Chairman Of Infrastructure Leasing And Finance Limited

Pooja YadavMarch 31, 20220

CS Rajan has been appointed asA the chairman of Infrastructure Leasing and Finance Ltd (IL&FS) and can start after Uday Kotak’s term ends in the week. CS Rajan has been appointed to the present post for a period of six months. In September 2021, the govt had extended the term of Uday Kotak by six months. The term was extended so continuity can be maintained about the plan being puzzled out for the crisis-struck organization. Uday Kotak is that the chief military officer (CEO) and director of Kotak Mahindra Bank. A debt of around Rs 55,000 crores which is cherish 90 percent of the initial debt of Rs 61,000 crore has been addressed. IL&FS also maintained its forecast that was made earlier of resolving the debt of Rs 61,000 crore, representing 62 percent of the full fund-...

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Bengal By-Elections: Action On TMC MLA For Threatening Voters; Campaigning Banned For Seven Days

Gunjan ChaudharyMarch 31, 20220

Action has been taken by the Election Commission against TMC MLA Narendranath Chakraborty who threatened voters in West Bengal during the by-elections. The Election Commission has barred Narendranath from campaigning for seven days. They will not be able to do any kind of election campaign from 10 am on March 30 to 8 pm on April 6. They will not be allowed to hold any kind of public meetings, rallies, roadshows. A video of Trinamool Congress MLA Narendra Nath Chakraborty had surfaced amid the Asansol by-election in West Bengal. In this, he was seen threatening the voters not to vote for the BJP. He specifically told the BJP supporters in the workers' meeting held at Haripur in Asansol that 'don't vote in the Asansol by-election, don't go to the polling booth'. Otherwise, they will be tr...

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Eight Arrested for Attacking CM Kejriwal’s Resident

Our CorrespondentMarch 31, 20220

The Delhi Police on Thursday arrested eight people in connection with the alleged attack on Delhi Chief Minister Arvind Kejriwal's house on Wednesday. The police are looking for some more people. Six teams of police are engaged in the raid. A war of words over Kejriwal's remarks on the film The Kashmir Files triggered a dramatic scene outside his residence in Delhi yesterday when around 200 protesters of the Bharatiya Janata Yuva Morcha (BJYM), the youth wing of the opposition BJP.   They broke police barricades and the main gate was slammed, following which AAP accused them of "attempting to assassinate" the chief minister. The Aam Aadmi Party has approached the Delhi High Court seeking an SIT probe against the BJP and Delhi Police in connection with the incident. ...

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Rahul Gandhi Gets Aggressive On Inflation: Released List Of Daily Tasks For PM

Gunjan ChaudharyMarch 30, 20220

Congress leader Rahul Gandhi has once again attacked Prime Minister Narendra Modi and the BJP government on the issue of inflation. He has targeted the central government on issues like rising prices of petrol and diesel, privatization and providing employment to the youth, and other issues that the youth of India are facing in India. He has released the list of daily to-do list of PM Modi in a tweet today morning. Along with this, Rahul Gandhi has also written the hashtag "Roz Mann Ki Baat". Rahul Gandhi has shared the Prime Minister's Daily To-Do List by tweeting. And the list goes like this: How much should I increase the rate of petrol-diesel-gas today How to stop people from discussing 'Kharche Pe Charcha' How to show the youth of India vague dreams of employment ...

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IndiaLatest News

Government Approves Rs 6062 Crore For RAMP, Loan Of Rs 3750 Crore Will Be Taken From World Bank!

Aditi priya singhMarch 30, 20220

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved USD 808 million or Rs 6,062.45 crore for the World Bank-assisted “Rising and Accelerating MSME Performance” (RAMP) programme. RAMP is a new scheme and will start in FY 2022-23. The plan is to invest a total of Rs 6,062.45 crore or USD 808 million, of which Rs 3750 crore or USD 500 million will be loaned from the World Bank, and the rest Rs 2312.45 crore or USD 308 million will be funded by the Government of India. RAMP is a World Bank-assisted central sector scheme. Its purpose is to improve and speed up the performance of MSMEs affected by Corona. In this work, it will strengthen the efforts of the Ministry of Micro, Small and Medium Enterprises (MoMSME). It aims to improve access to markets and ...

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Attack At Chief Minister Arvind Kejriwal’s Residence, BJP Workers Accused Of Vandalizing

Gunjan ChaudharyMarch 30, 20220

BJP and Kejriwal government Aam Aadmi Party are face to face over Kashmir files. On Wednesday, BJP workers led by MP Tejashwi Surya demonstrated outside CM Kejriwal's residence and raised slogans outside his house. Since then, the Aam Aadmi Party has become an attacker on the BJP and has accused BJP workers of vandalizing the CM residence. Delhi Deputy Chief Minister Manish Sisodia tweeted on Wednesday, alleging that some anti-social elements broke the CCTV cameras installed outside Chief Minister Arvind Kejriwal's house and also broke the boom barrier installed there. Along with Manish Sisodia, many AAP leaders have also tweeted and blamed the BJP for the entire incident and claimed that all this happened in the presence of the police. In his first tweet, the Deputy CM wrote, "Anti-soc...

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Is Fuel Hike A New Normal For Indians? Find Out How BJP Deviates This Issue

Sonia SolankiMarch 30, 20220

Fuel Hike is now an activity that is like any other day to day activity. That's why people have not seen any roads protesting against the hike. Is this a cold reaction as media propagated or the reality is different on the ground? Whatever is the scenario but one important thing which is visible is that the BJP led govt has been able to dilute the impact of the price hike. It's the same government that used slogans like "Bahut hui mehangai ki maar, ab ki baar Modi sarkar" in the 2014 polls. Fuel Hike: A Silent Killer For Common Man The one thing which needs to be understood is that the fuel hike is like a slow and silent killer. As every department and work is related to fuel costing. Like the prices of vegetables, cosmetics, milk products, electronic products, paper, edible oils,...

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World Inequality Report Calls India “Poor and Unequal”; Nirmala Sitharaman Calls it “Flawed”.

Sonia SolankiMarch 30, 20220

The latest report by The World Inequality Report calls India a 'poor and very unequal country'. India stands out as a poor and very unequal country with 1% of the top-earning population is holding 22% of the national income. Whereas, the bottom 50% earns 13% of the national income. The report also states that the top 10% of richest people hold 76% of the total wealth, holding 57% of the national income in 2021. The average national income of an adult Indian is approximately Rs 2,04,200. The report was submitted by Lucas Chancel, Co-director of the World Inequality Lab with economist Thomas Piketty, Emmanuel Saez And Gabriel Zucman. Lucas Chancel also said that "the pandemic has exacerbated inequalities between the very wealthy and the rest of the population". The World Map of ...

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ArticleIndiaLatest News

Indore Gets National Water Award; President Honors MP, Collector

Gunjan ChaudharyMarch 30, 20220

Another achievement has fallen in the account of Indore, which has become the cleanest city in the country five times. Indore was declared the best district in the West Zone in the third National Water Award-2020. President of India Ram Nath Kovind honoured Indore with the National Water Award at Vigyan Bhawan in Delhi on Tuesday. MP of the state Shankar Lalwani and Collector Manish Singh received the award. Collector of Indore Manish Singh said that the Central Groundwater team had conducted a survey of the works being done in the field of water conservation. In this, Indore came true on many parameters. The survey team observed the components like water conservation, water recycling, sewerage system management etc. In the survey, the team has praised all the sewerage plants of I...

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