Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.
Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B Exam however, equally important is to know which PIB release should be read.
The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs
First commercial batch of COVAXIN manufactured in Ankleshwar, Gujarat
- Union Minister for Health and Family Welfare and Chemicals & Fertilizers, Shri Mansukh Mandaviya releases first commercial batch of COVAXIN manufactured in Ankleshwar, Gujarat
- Ankleshwar plant has a manufacturing capacity of more than 1 crore doses per month starting today
- Hyderabad based Bharat Biotech steadily moving towards its aim of ~ 1 billion doses of annualized capacity, with specialized biosafety containment facilities in Hyderabad, Malur, Ankleshwar and Pune
CBDT extends date under section 3 of the Vivad se Vishwas Act
- As per the latest notification dated 25th June 2021, the last date of payment of the amount (without any additional amount) has been notified as 31st August 2021. Further the last date for payment of the amount (with additional amount) under Vivad se Vishwas Act has been notified as 31st October, 2021.
15th Finance Commission recommendations on water and sanitation Panchayat and RLBs
Rs. 1,42,084 Crore tied grant to rural local bodies (RLBs)/ panchayats for water and sanitation for the five years 2021–22 to 2025–26, which has been recommended by the 15th Finance Commission, will have a huge impact on ensuring these services in villages and thus on public health and quality of life in rural areas.
- Huge push for assured tap water supply to every home and improved sanitation in villages – Gram Panchayats to act as local "public utilities" with a focus on service delivery.
- This is a big step towards strengthening the local self-government in line with the 73rd Amendment to the Constitution of India.
- In all, the 15th Finance Commission recommended Rs. 2,36,805 Crore to RLBs/ PRIs for the period 2021-22 to 2025-26.
Sports Minister Shri Anurag Singh Thakur launched the Fit India Mobile App on National Sports Day today (29th Aug)
- Fit India Movement was launched on 29th August 2019, on the occasion of National Sports Day by Hon’ble PM with the aim to make fitness an integral part of the lives every Indian
Union Home Minister, Shri Amit Shah launches nutritious ‘Laddu Distribution Scheme’ for pregnant women in his Parliamentary constituency Gandhinagar
- Around 7,000 pregnant women in Gandhinagar area will be provided 15 nutritious laddu each, free of cost, till birth of their child, through NGOs
- Prime Minister launched Poshan Abhiyan on 8th March, 2018 from Jhunjhnu in Rajasthan to spread awareness about issues related to malnutrition
- Prime Minister has said ‘Sahi Poshan, Desh Roshan’, no country can become bright and glorious without its mothers and children being fed nutritious diet
National Small Industry Day (30th Aug 2021)
In India, just like anywhere in the world, MSMEs are an integral part of the value chain, offering diversified products on one hand and delivering intermediate goods for the large-scale industries on the other. It is one of the largest employment generator and backbone of Indian economy.
India is home to more than 6.3 crore MSMEs, which have the ability and capability to access international markets and work as ancillaries to larger international firms. In terms of exports, the sector holds high potential in various sub-sectors such as textiles, leather & leather goods, pharmaceuticals, automotive, gems & Jewellery etc. with overall contribution of 45 percent.
The Indian economy has shown an excellent growth performance over the past few years and is likely to emerge as one of the leading economies in the world, poised to become USD 5 trillion economy by 2025. Thus, a major impetus is to be made to reinforce the overall Entrepreneurship Development eco-system and impediments needs to be understood in terms of internationalization of these enterprises.
Ministry of MSME has been tirelessly working towards development of MSMEs and has undertaken interventions to enhance MSME ecosystem in India. Some of the key reforms introduced by Ministry of MSME are:
- Revision of MSME definition: In line with Government of India's top focus on energizing MSMEs in the country, Government of India approved the upward revision of MSME definition on 1st June 2020 under the Aatmanirbhar Bharat Package. The Government revised the MSME classification by inserting composite criteria of both investment and annual turnover.
- Udyam Registration: Udyam is an online and simplified procedure of filing of registration which enables MSMEs to obtain registration without any documentation and fees. It is a globally benchmarked process and a revolutionary step towards Ease of Doing Business. Ministry of MSME has also commenced API integration of Udyam Registration portal with GeM so that MSEs can participate in Government procurement easily.
- Champions Portal: CHAMPIONS is an online platform to help and handhold the MSMEs specially in this difficult time. It is an ICT based technology system aimed at making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding throughout the business lifecycle. The platform facilitates a single window solution for all needs of MSMEs.
- National SC-ST Hub (NSSH): National SC-ST Hub has been launched to promote entrepreneurship culture in the SC-ST community and fulfill the 4% procurement target mentioned in the Public Procurement Policy order, 2018.To boost entrepreneurship among SC/ST population and for maximum on-ground penetration, several interventions have been undertaken to cater to the challenge of market linkages, finance facilitations, capacity building etc.
- Self-Reliant India (SRI) Fund: The scheme is expected to facilitate equity financing of Rs.50,000 crore in the MSME Sector. The infusion of equity will provide an opportunity to get MSMEs listed in stock exchanges. Further, it will also facilitate MSMEs to scale-up their business & growth and will help creating more jobs in the MSME sector.
- Procurement Policy: For providing marketing support to MSEs, all Central Ministries/Government Departments and CPSEs are required to procure 25% of their annual requirements of goods and services from MSEs including 4% from MSEs owned by SC/ST and 3% from MSEs owned by women entrepreneurs under the Public Procurement Policy.
- Establishment of Enterprise Development Centers (EDCs): With a view to provide Information related to MSMEs at one place, Enterprise Development Centres (EDCs)have been conceptualized. Till date Ministry of MSME has set up 102 EDCs across India. The aim of these centers is to build a network of entrepreneurial leaders by providing professional mentoring and handholding support services to existing as well as aspiring MSMEs with special focus on rural enterprises on continuous basis.
News Source : Multiple PIB Articles
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