Prime Minister Narendra Modi has said the reforms announced in the budget will boost the economy and financially empower every citizen.
In a televised address, PM Modi said that his government has given a lot of emphasis on agriculture, infrastructure, textiles and technology in the budget to increase the employment generation.
PM Modi said that to double the income of the farmers, 16 action points have been created which will increase employment in the rural areas.
The Prime Minister said that the modern infrastructure is of great importance for modern India and infrastructure sector is also a large employment generator.
PM Modi said that the construction of 6,500 projects from 100 lakh crore rupees will increase employment opportunities on a large scale.
The Prime Minister said that the businesses will also benefit from the National Logistics Policy.
PM Modi congratulated Finance Minister Nirmala Sitharaman and her team for the first budget of this decade saying the Union Budget has vision and action.
PM SVANIDHI: MoHUA And Swiggy To Take Street Food Vendors Online
Programme is launched with a pilot in five cities – Ahmedabad, Chennai, Delhi, Indore, and Varanasi.
NEW DELHI: As a part of Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme, Ministry of Housing & Urban Affairs (MoHUA) has entered into an MoU with Swiggy, the leading food ordering and delivery platform in India, to onboard street food vendors on its e-commerce platform, giving them online access to thousands of consumers and help these vendors grow their businesses.
The MoU was exchanged by, Joint Secretary Sanjay Kumar and Chief Financial Officer, Swiggy Rahul Bothra, through webinar in the presence of officials of Swiggy and Ministry. Municipal Commissioners of Ahmedabad, Chennai, Delhi, Indore, and Varanasi also participated in the ceremony through video conferencing facility.
During the ongoing COVID-19 pandemic where physical distancing is the key to check it’s spread, this novel initiative aims to radically transform the business of Street Vendors across cities, by facilitating them to receive orders and serve customers using online mode of business.
In a first of its kind initiative, MoHUA has coordinated with the key stakeholders including Municipal Corporations, FSSAI, Swiggy and GST officials to ensure that necessary prerequisites are completed for this initiative.
To begin with, MoHUA and Swiggy will run a pilot program by on-boarding 250 vendors across five cities namely – Ahmadabad, Chennai, Delhi, Indore, and Varanasi.
The street vendors will be helped with PAN and FSSAI registration, training on technology/ partner app usage, menu digitization and pricing, hygiene and packaging best practices.
Upon the successful completion of the pilot, MoHUA and Swiggy plan to expand this initiative across the country in phases.
This partnership is seen as yet another move by MoHUA to empower street vendors with digital technology and facilitate greater income-earning opportunities by being present on a popular e-commerce platform like Swiggy.
During the ceremony, Secretary, HUA also launched the updated and modified version of PM SVANidhi Dashboard, which facilitates users not only with a better granular view of the Scheme’s performance but also with additional tools for comparisons.
The Ministry is implementing PM SVANidhi Scheme since June 01, 2020, for providing affordable working capital loan to street vendors to resume their livelihoods that have been adversely affected due to Covid-19 lockdown.
This scheme targets to benefit over 50 lakh Street Vendors who had been vending on or before March 24, 2020, in urban areas including those from surrounding peri-urban/ rural areas.
Under the Scheme, the vendors can avail a working capital loan of up to Rs. 10,000, which is repayable in monthly instalments in the tenure of one year.
On timely/ early repayment of the loan, an interest subsidy @ 7% per annum will be credited to the bank accounts of beneficiaries through Direct Benefit Transfer on a quarterly basis. There will be no penalty on early repayment of the loan.
The scheme promotes digital transactions through cash-back incentives up to an amount of Rs. 1,200 per annum.
The vendors can fulfil their aspiration of climbing up the economic ladder by availing the facility of the enhanced credit limit on timely/ early repayment of the loan.
As on October 4, 2020, over 20 lakh loan applications have been received under the PM SVANidhi Scheme. Out of these over 7.5 lakh loans have been sanctioned and over 2.4 lakh loans disbursed.
World Cotton Day: Smriti Irani Launches First-Ever Brand Logo For Indian Cotton
India’s premium Cotton would now be known as ‘Kasturi Cotton’ in the world cotton trade.
NEW DELHI: Smriti Zubin Irani, Union Minister of Textiles and Women & Child Development launched the 1st ever Brand & Logo for Indian Cotton on 2nd World Cotton Day on October 7, 2020, through Video Conferencing.
India’s premium Cotton would now be known as ‘Kasturi Cotton’ in the world cotton trade.
Hon’ble Minister of Textiles @smritiirani Ji launched the 1st ever Brand & Logo for Indian Cotton to be known as ‘Kasturi Cotton’ on occasion of 2nd World Cotton Day, 2020. The Brand will represent Whiteness, Brightness, Softness, Purity, Luster, Uniqueness and Indianness. pic.twitter.com/EDOJIY5UHU
— Ministry of Textiles (@TexMinIndia) October 7, 2020
The Kasturi Cotton brand will represent Whiteness, Brightness, Softness, Purity, Luster, Uniqueness and Indianness.
Speaking on this occasion, Irani said that this is a much-awaited moment that TODAY the Indian Cotton has been endowed with a Brand and Logo. This event becomes more important as the 2nd World Cotton Day is being celebrated world over today.
The Minister recounted the importance of Cotton in the Indian economy:
Cotton is one of the principal commercial crops of India and it provides livelihood to about 6o lakh cotton farmers.
India is the 2nd largest cotton producer and the largest consumer of cotton in the world.
India produces about 6.00 million tons of cotton every year which is about 23% of the world cotton.
India produces about 51% of the total organic cotton production of the world, which demonstrates India’s effort towards sustainability.
Smt. Irani said that to ensure sustainability, integrity and end-to-end traceability of the organic products, a certification system based on comparable international standards verified through an internationally acceptable institutional system is required to be put in place.
Accordingly, the Ministry of Textiles through APEDA under Ministry of Commerce and Industry has prescribed a certification system for organic Cotton which will be introduced in phases in the entire textile value chain.
Similarly, prescribing a certification system for non-organic Cotton has also been taken up with APEDA so that usages of cotton can be suitably augmented.
The Minister stated that Cotton Corporation of India (CCI) made ever highest Minimum Support Price (MSP) operation of cotton and hopeful that during the new cotton season, the procurement under MSP will be increased.
CCI has opened 430 procurement centres in all cotton-growing states and payments are being made digitally to farmers’ account within 72 hours.
Further, leveraging the technology, a mobile app, “Cott-Ally” has been developed by CCI for providing latest news regarding weather condition, Crop situation and best farm practices.
A discount of Rs.300/- per candy is being offered by CCI in its regular sale to MSME mills, Khadi and Village industry, Cooperative sector mills to enhance their competitiveness and efficiency.
It was also stated that cotton may be used across all dimension of Technical Textiles.
Further, Irani intimated that the government has passed bills for the welfare of the farmers, which also be beneficial to the industries.
The minister also attended the inaugural session of the webinar organised by TEXPROCIL and CITI on the theme of “NEW-LOOK COTTON” to facilitate the exchange of ideas on the emerging scenarios in cotton usage and application.
Strategically Important Atal Tunnel In Rohtang Open Now
It is the world’s longest tunnel above an altitude of 3,000 metres.
MANALI (Himachal Pradesh): Prime Minister Narendra Modi today inaugurated the strategically important all-weather Atal Tunnel at Rohtang in Himachal Pradesh. PM Modi was accompanied by Defence Minister Rajnath Singh, Chief Minister of Himachal Pradesh Jai Ram Thakur, Minister of State for Finance Anurag Singh Thakur, Chief of Defence Staff, CDS Gen Bipin Rawat and Army Chief General Manoj Mukund Naravane.
Earlier CDS General Rawat and Army Chief General Naravane received the Prime Minister at the South Portal of Atal Tunnel of Rohtang. Chief Minister of Himachal Pradesh Jai Ram Thakur received the PM at Sase Helipad at Manali.
Atal Tunnel, the longest highway tunnel in the world was built by the Border Roads Organisation. The tunnel reduces the distance between Manali and Leh by 46 km and the travel time by four to five hours. The 9.02-km tunnel connects Manali to Lahaul-Spiti valley throughout the year, the valley was earlier cut off for about six months every year due to heavy snowfall.
The Atal Bihari Vajpayee government had taken the decision to construct a strategic tunnel below the Rohtang Pass on June 3, 2000, and the foundation stone for the access road to the south portal of the tunnel was laid on May 26, 2002.
In December 2019, the Government decided to name the Rohtang Tunnel as Atal Tunnel in honour of the former Prime Minister and scholar Atal Bihari Vajpayee who had passed away the previous year.
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In the absence of protocols, devices would not be able to understand the electronic signals that they send while communicating over network connections. Nowadays, protocols use packet switching techniques to send and receive messages in the form of packets. These messages are again divided, collected, and reassembled at their destination. Numerous computer network protocols serve defined purpose and environment.
- The Atal Tunnel is constructed at an estimated cost of Rs 3500-4000 crores.
- It reduces the distance between Leh and Manali by 46 km, the tunnel will bring down the driving time by around 4 hours.
- The BRO built this tunnel in the shape of a horseshoe.
- It is the world’s longest tunnel above an altitude of 3,000 metres.
- It is a 10.5-metre wide single tube bi-lane tunnel with a fireproof emergency egress tunnel built into the main tunnel itself.
- With the help of this tunnel, connectivity to the remote border areas of Himachal Pradesh and Ladakh will easily be possible, regardless of the weather conditions.
- The opening of the Atal Tunnel will bring a boost in tourism activities in the Lahaul-Spiti region and will also simultaneously create more employment opportunities for locals in the area.
- The tunnel also provides a telephone facility on every 150 meters, a fire hydrant on every 60 meters, an emergency exit on every 500 meters, a turning cavern on every 2.2 km, an air quality monitoring on every 1 km, a broadcasting system, and an automatic incident detection system with CCTV cameras on every 250 meters.
- The construction of this tunnel consumed 14,508 metric tonnes of steel, 2,37,596 metric tonnes of cement, and 14 lakh cubic meters of soil and rocks.
- This tunnel is unique in its own way as it is India’s first tunnel to have an escape tunnel within the main tunnel due to the topography. It is also the first tunnel to deploy the Rowa flyer technology, which allows engineers to work at inverted levels.
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