CCEA approves Amended Technology Upgradation Fund Scheme for textile sector

The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended Technology Upgradation Fund Scheme (ATUFS) for technology upgradation of the textiles industry. Decision in this regard was taken by CCEA meeting chaired by the Prime Minister Narendra Modi in New Delhi. The ATUFS replaces existing Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) to ..

Month: Current Affairs - December, 2015

Topics: CCEA • Current Affairs 2016 • Government Schemes • Textile Industry

Union Government links LPG subsidy to income

Union Government has announced to link LPG subsidy to income of consumers in order to ensure that the subsidy benefits go to the targeted group. Henceforth, the LPG subsidy will not be available to LPG consumers if the consumer or his/her spouse has taxable income of more than ten lakh rupees. This income would be ..

Month: Current Affairs - December, 2015

Topics: Current Affairs 2016 • Government Schemes • Subsidy • Taxation

Delhi Government releases blueprint for Odd-Even formula

Delhi government has released a detailed blueprint for its ambitious Odd-Even formula for road-rationing plan to check pollution in the national capital. The Odd-Even formula plan seeks to curb the number of vehicles plying in the national capital by limiting four-wheelers on alternate days. To ensure effective implementation of the plan, Delhi government is planning ..

Month: Current Affairs - December, 2015

Topics: Current Affairs 2016 • Delhi • Government Schemes • Pollution • Transportation

CCEA approves Rs 3,000 crore scheme for fisheries sector

Cabinet Committee on Economic Affairs (CCEA) has given its approval for implementation of an umbrella scheme for integrated development and management of fisheries. It is Central Sector Scheme on Blue Revolution that will be implemented at an outlay of 3,000 crore rupees for a period of five years in all the states including North East ..

Month: Current Affairs - December, 2015

Topics: Blue revolution • Business • Cabinet Decisions • CCEA • Current Affairs 2016 • Economy • Government Schemes

World Bank offers $1.5 billion loan for Swachh Bharat Mission

The World Bank has approved a 1.5 billion dollars loan to support the Union government’s flagship cleanliness drive Swachh Bharat Mission (SBM). The loan funds would be used for SBM Support Operation Project and shall support SBM’s rural component known as SBM-Gramin (SBM-G). The loan has a maturity of 18 years including a grace period ..

Month: Current Affairs - December, 2015

Topics: Current Affairs 2016 • Government Schemes • Swachh Bharat Mission • World Bank