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Current Affairs 4th October 2018

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Cabinet approves Redevelopment of Railway Stations by IRSDC as Nodal Agency, through simplified procedures and longer lease tenure

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the redevelopment of Railway Stations by Indian Railway Stations Development Corporation Limited (IRSDC) as Nodal Agency and main Project Development Agency, through simplified procedures adapting various business model and for longer lease tenure of upto 99 years. Thus, paving the way for large scale modernisation and ensure world class infrastructure.

Cabinet approves MoU between India and Russia on Bilateral Cooperation in the Road Transport and Road Industry

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between India and Russia on Bilateral Cooperation in the Road Transport and Road Industry. The MoU will be signed during the upcoming visit of Russian President to India.

Cabinet approves MoU between India and Russiaon cooperation in the field of Micro, Small and Medium Enterprises

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved signingof aMemorandum of Understanding (MoU) between National Small Industries Corporation Ltd. (NSIC) – a Public Sector Undertaking of the Ministry of Micro, Small & Medium Enterprises (MSME) of the Republic of India and JSC-Russian Small & Medium Business Corporation (RSMB Corporation), Russia.The MoU will be signed during the upcoming visit of Russian President to India

Cabinet approves Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore. The CECA was signed on 24th August 2018.

Cabinet approves establishment of National Institute of Mental Health Rehabilitation in Sehore District instead of Bhopal

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved,in partial modification of the earlier decision taken on 16.05.2018, the establishment of National Institute of Mental Health Rehabilitation(NIMHR) in Sehore District (Bhopal-Sehore highway) instead of Bhopal in Madhya Pradesh.

Cabinet approves budgetary support to Nepa Limited for the Revival and Mill Development Plan, payment of pending salary/wages, statutory dues, funding Voluntary Retirement Scheme and disinvestment of the company on RMDP completion

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for providing a financial package of Rs. 469.41 crore for the Revival and Mill Development Plan (RMDP) of Nepa Limited, a public sector newsprint company located in Nepanagar, Madhya Pradesh. 

Cabinet approves enhanced Minimum Support Prices (MSP) for Rabi Crops of 2018-19 Season to be marketed in 2019-20 Season.

Giving a boost to farmers’ income, the Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all Rabi crops for 2018-19 to be marketed in 2019-20 season.  The farmer friendly initiative will give additional return to the farmers of Rs 62,635 crore by way of increasing MSP of notified crops to at least 50 per cent return over cost of production and will aid in doubling farmers’ income.

Cabinet approves Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore. The CECA was signed on 24th August 2018.

Prime Minister conferred Champions of Earth Award 2018 for Policy Leadership

The Prime Minister, Mr. Narendra Modi, was today conferred the Champions of the Earth Award 2018 for Policy Leadership by UN Secretary General, Mr. Antonio Guterres at a ceremony at Pravasi Bharatiya Kendra, here today. Executive Director, UN Environment, Mr Erik Solheim, Union Minister for External Affairs, Ms. Sushma Swaraj and Minister of State for Environment, Forest and Climate Change, Dr. Mahesh Sharma, were present on the occasion.

Government of India and The Asian Development Bank (ADB) sign $ 100 Million Loan Agreement to expand Government of India and the Asian Development Bank (ADB) sign $ 150 Million LoanAgreementto support India’s First Global Skills Park in State of Madhya Pradesh

Asian Development Bank (ADB) and the Government of India signed a $150 million LoanAgreement in New Delhi todayto establish a Global Skills Park (GSP) in Madhya Pradesh, the First Multi-Skills Park in India, to enhance the quality of Technical and Vocational Education And Training (TVET) System in the State and create a more skilled workforce.

The signatories to the Madhya Pradesh Skills Development Project were Mr. Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs (Fund Bank and ADB), Ministryof Finance, who signed on behalf of the Government of India, and Mr. Kenichi Yokoyama, Country Director of ADB’s India Resident Mission, who signed for ADB.

India and ADB Sign $240 Million Loan to Provide Safe Drinking Water Service in 3 West Bengal Districts

Government of India and the Asian Development Bank (ADB) today signed $240 million loan for providing safe and sustainable drinking water to about 1.65 million people in three districts of the state of West Bengal affected by arsenic, fluoride, and salinity.

The signatories to the West Bengal Drinking Water Sector Improvement Project were Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, Ministry of Finance, who signed for the Government of India; and Mr. Kenichi Yokoyama, Country Director of ADB’s India Resident Mission, who signed for ADB.

SIDBI launches a National Level Entrepreneurship Awareness Campaign, Udyam Abhilasha (उद्यम अभिलाषा) in 115 Aspirational Districts identified by NITI Aayog in 28 States and reaching to around 15,000 youth

On the occasion of Birth Anniversary of Mahatma Gandhi yesterday i.e. October 02, 2018, Small Industries Development Bank of India (SIDBI), had launched a National Level Entrepreneurship Awareness Campaign, Udyam Abhilasha (उद्यम अभिलाषा) in 115 Aspirational Districts identified by NITI Aayog in 28 States and reaching to around 15,000 youth. SIDBI will join to contribute to “the transformation mission” unleashed for these districts.  The campaign would be running parallelly from 3rd October to 8thOctober, 2018 across India. The campaign would create and strengthen cadre of more than 800 trainers to provide entrepreneurship training to the aspiring youths across these districts thus encouraging them to enter the admired segment of entrepreneurs.

SIDBI has partnered with CSC e-Governance Services India Limited, a Special Purpose Vehicle, (CSC SPV) set up by the Ministry of Electronics & IT, Govt. of India for implementing the campaign through their CSCs. The  objectives of the missionary campaign includes :- (i) to inspire rural youth in aspirational districts to be entrepreneurs by assisting them to set up their own enterprise, (ii) to imparttrainings through digital medium across the country, (iii) to create business opportunities forCSC VLEs,(iv)to focus on women aspirants in these aspirational districts to encourage women entrepreneurship and (v)to assist participants to become bankable and avail credit facility from banks to set up their own enterprise.

First Regional Conference on ‘Women in Detention and Access to Justice’ in Shimla (4-5 October, 2018)

The Bureau of Police Research and Development (BPR&D), Ministry of Home Affairs is organising the First ever Regional Conference at Shimla on ‘Women in Detention and Access to Justice’ in collaboration with the Prison Department, Himachal Pradesh on October 4-5, 2018. The Conference will be inaugurated by Shri Acharya Devvrat, the  Governor of Himachal Pradesh.

 

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