Page-102 of Government Schemes Current Affairs

PCOs, Kirana shops, petrol pumps, to be new Insurance Agents

With the aim to expand the reach of insurance in the country, the Insurance Regulatory and Development Authority (IRDA) has suggested to permit owners of kirana shops, fair price shops, medical shops, petrol pumps, individual Public Call Office (PCO) to ..

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Rs 2,000-cr pharma research fund : Exim Bank

The Export Import Bank of India (Exim Bank) will utilize Rs 2,000-crore fund in research activities for the pharma sector. It is being done to increase exposure in research and development. The fund has been allocated by the Commerce Ministry ..

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Rs 57800 Cr Annual Plan for UP: Planning Commission

The Planning Commission of India allocated Rs 57800 crore  for UP Annual Plan for fiscal year 2012-13. It marked an increase of 23 % over last plan. In addition, Rs 20000 crore funding for centre-sponsored schemes in the state has ..

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Govt to uphold TUFS in the 12th plan

Commerce, Industry and Textiles Minister Anand Sharma announced that the Technology Upgradation Fund Scheme (TUFS) for the textile sector would be continued in the XII Plan. The scheme has been allocated Rs.15,886 crore. There is an increase in the amount ..

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Gujarat govt rejects Centre’s ‘Jan Aushadhi’ project

Gujarat has rejected central govt’s ‘Jan Aushadhi’ model saying it has better self developed model of providing free treatments for segments of population. Gujarat government currently runs a scheme to provide free medicines, and bears the entire cost of treatment ..

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M-SIPS: Special incentive package for ESDM sector

ESSDM-Electronic System Design and Manufacturing The Union Cabinet approved the proposal to grant a special incentive package to encourage large-scale manufacturing in the ESDM sector. It will promote the manufacturing of indigenously designed and manufactured chips building a more cyber ..

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Over Rs 150 cr grant for sports infrastructure gets Centre’s approval

A grant of more than Rs 150 crore for 14 states and one union territory has been approved by the centre to develop basic sports infrastructure. It will be done under the Panchayat Yuva Krida Aur Khel Abhiyan (PYKKA) scheme. ..

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Indian companies can continue to buy back FX convertible bonds

The Reserve Bank of India has allowed companies to continue to buy back foreign currency convertible bonds (FCCBs) under the approval route. The central bank will consider proposals from Indian companies for buyback of FCCBs, if the buyback value is ..

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Union Cabinet gives a green signal to the Kochi Metro Rail

The Union Cabinet gave the green signal for the Rs.5,128-crore Kochi Metro Rail project, one of the largest social infrastructure initiatives to be launched in in recent years. The project would be completed in 3 years. The most significant part ..

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Political economy of petroleum prices in India – Sailaja Akkem

Pricing of Petroleum in India: The history of pricing of petroleum in India dates back to 1920’s. During the colonial period, the pricing of petroleum was free from Government intervention and was determined mainly by the market forces. After the ..

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