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5 Member Committee to comprehensively review and give recommendations on the FRBM roadmap for the future formed

In pursuance of the Budget Announcement 2016-17, the Government has constituted a five Member Committee to comprehensively review and give recommendations on the FRBM roadmap for the future. The composition of the FRBM Review Committee is as follows: (i)Shri N.K. Singh, Former Revenue Secretary & Expenditure Secretary &Former Member of Parliament(Rajya Sabha) : Chairman (ii)Shri Sumit Bose, Former Finance & Revenue Secretary: Member (iii)Dr. Arvind Subramanian, Chief Economic Advised (CEA) : Member (iv) Shri Urijit Patel,Deputy Governor,RBI: Member (v) Shri Rathin Roy, Director, NIPFP: Member The Terms of Reference (ToR) of the Committee are as under: (i) To review the working of the FRBM Act over last 12 years and to suggest the way forward, keeping in view the broad objective of fiscal consolidation and prudence and the changes required in the context of the uncertainty and volatility in the global economy; (ii) To look into various aspects, factors, c...

2 PPP Projects of Government of Rajasthan gets VGF support from the Government of India

The Empowered Institution (EI) approves VGF Support for two PPP Projects of Government of Rajasthan The Empowered Institution (EI), under the Government of India's Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure, met here today for its Seventy-First meeting. The Meeting was chaired by the Additional Secretary (Investment), Department of Economic Affairs, Ministry of Finance and approved Viability Gap Funding (VGF) support to two projects of the Government of Rajasthan. One project, in the Road Sector for Development and Operation of Chomu Chandwaji - Highways Project, was granted in-Principle approval while the other project, in the Power Sector, granted final approval of the VGF support, was for the development of the 400 kV Bikaner-Sikar Transmission Line Project .

Rehabilitation of Bonded Labourer Scheme – 2016 to be Made Central Sector Scheme; Cash Assistance to increase from Rs. 20,000 to Rs. One Lakh

Rehabilitation of Bonded Labourer Scheme – 2016 to be Made Central Sector Scheme Revised Scheme Proposes Increase in Quantum of Financial Assistance Annual Budget Raised from Rs.5 Crore to Rs.47 Crore; Cash Assistance from Rs. 20,000 to Rs. One Lakh Cash Assistance may extend to Rs Two Lakh in Special Cases and to Rs.Three Lakh in Cases of Extreme Deprivation The Government is revising the rehabilitation of bonded labour scheme and increasing the quantum of financial assistance from Rs 20 thousand to one lakh rupees. The Scheme proposes to increase the budget provision from Rs 5 crores to about Rs 47 crores per annum. This was stated by Shri Bandaru Dattatreya ,the Minister of State (IC) labour and Employment here today while announcing the proposed scheme. While the most deprived and marginalised like the disabled, female and children rescued from trafficking, sexual exploitation and transgender will get Rs 3 lakhs, the next in order is the special category comprising of females and t...

Maneka Gandhi releases 5 priority areas and 4 operational strategies in Draft National Policy for Women, 2016 for consultation

Union WCD Minister Smt Maneka Sanjay Gandhi released the draft National Policy for Women, 2016 today for stakeholder comments and consultations. Releasing the draft policy at a press conference in New Delhi, the Minister stated that the Policy is being revised after 15 years and is expeceted to guide Government action on Women's issues over the next 15-20 years. The Minister stated that several things have changed since the last Policy of 2001 especially women's attitude towards themselves and their expectations from life. She stated that in view of this the new draft Policy shifts the focus from entitlements to rights and from empowerment to creating an enabling environment. She has requested for widespread comments on the draft policy so that the final policy document can be a true reflection of the voice of all women. The Salient features of the policy are as follows: Background: Nearly a decade and half has passed since the National Policy for Empowerment of Women, 2...

Annual Conference of Relief Commissioners/ Secretaries of Disaster Management to start today

The Union Home Secretary Shri Rajiv Mehrishi will inaugurate the Annual Conference of Relief Commissioners and Secretaries of the Department of Disaster Management of States/UTs today in New Delhi. The Annual Conference will review the status of preparedness for South West Monsoon, 2016 and discuss other Disaster Management related issues. Representatives of concerned Central Ministries/Organizations rendering Emergency Support Functions, scientific organizations associated with forecasting officers of the Armed Forces and Central Armed Police Forces will participate in the Conference. The Ministry of Home Affairs, India Metrological Department, Indian Space Research Organization, Snow and Avalanche Study Establishment (SASE), Central Water Commission, Indian National Centre for Ocean Information Services, Geological Survey of India, Ministry of Defence and National Disaster Response Force will make presentations sharing their efforts towards preparedness of dealing with disaster si...

Nirmala Sitharaman to lead Indian delegation at India-Myanmar Business Conclave at Yangon

Commerce & Industry Minister Smt. Nirmala Sitharaman to lead Indian delegation at India-Myanmar Business Conclave at Yangon Myanmar has witnessed a landslide victory by the National League for Democracy led by Daw Aung San Suu Kyi in the elections held in November 2015. The new democratic Government in Myanmar has been established. Minister for Commerce & Industry, Smt. Nirmala Sitharaman will be the first Minister from India to visit Myanmar after the change of regime in Myanmar. She will lead a high level CEO delegation to Myanmar from 18-20 May,2016 An India Myanmar Business Conclave is being organized by India at Yangon on 18-20 May 2016 as part of its Act East policy. A 25-member business delegation comprising of whos-who of the business world from India is attending the Conclave. The delegation includes amongst others Dr Naushad Forbes (President CII), Mr Rakesh Mittal (Bharti Enterprises), Ms Shobana Kamineni (Apollo Hospitals), Ms Arundhati Bhattacharya (State Bank of I...

3,784 Census Towns in India to see planned urban development

States asked to convert 3,784 urban areas into statutory Urban Local Bodies Statutory ULBs lead to planned urban development, enhanced revenues ; entitled to Central assistance W.Bengal has 780 Census Towns, Kerala-461, Tamil Nadu-376, Maharashtra-279, UP-267, MP-112 Ministry of Urban Development has asked 28 States to take immediate and necessary action to convert 3,784 Census Towns into statutory Urban Local Bodies to promote planned urban development. Shri Rajiv Gauba, Secretary (Urban Development) in a letter to the Chief Secretaries of these States has highlighted the need for statutory Urban Local Bodies for planned and coordinated infrastructure development, enhancement of revenues and efficient delivery of services to citizens leading to overall growth of economic activities. He stressed that "The opportunity of planned urban development might get lost if unplanned construction and ad hoc provisioning of infrastructure is allowed to take place over a long time". A Cen...