Institution

Govt sets up committee to strengthen NCC, NSS

The govt has decided to form a committee under former education secretary Anil Swarup, seeking suggestions to strengthen National Cadet Corp & National Service Scheme. The Committee will deal with issues like expansion, strengthening training infrastructure & reducing manpower deficiency. The Committee will also submit recommendations for building “synergy” between these 2 institutions.

India’s 1st skill training centre in Odisha

Union Minister Dharmendra Pradhan laid the foundation stone of India’s first National Skill Training Institute in Bhubaneshwar, Odisha. The proposed institute will impart training to trainers and create a skill-based ecosystem to meet the industry demands. The Institute costing ` 160 crore will come up over five acres of land and have state-of-the-art facilities.

“World’s first” remote LEAP microscope

IIT Madras has launched “world’s first” remotely operatable microscope that would enable a precise atom-by-atom view of a material. The Local Electrode Atom Probe (LEAP) was developed in a collaborative exercise involving eight top research institutions headed by IIT Madras. It was developed at a cost of Rs 40 crore.

Maldives signed power deal with Pakistan

The Maldives has signed a capacity-building agreement in the power sector with Pakistan, thus posing fresh security challenges for India. Officials of the Maldives state electricity company, Stelco signed a MoU for cooperation in institution building activities when they visited Pakistan last week. The Maldives has stopped issuing work permits to Indians.

KVIC launches e-marketing system

The Khadi and Village Industries Commission (KVIC) launched its e-marketing system named Khadi Institution Management and Information System (KIMIS) in New Delhi. This software will give real-time data of sales and will also give the updated status of stocks of khadi bhawans and godowns. KVIC IT team has developed this foolproof software.

National Awards on Best Performing SHGs

Shri Narendra Singh conferred the National Awards on Best Performing Self Help Groups under Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM). It will provide public recognition to the outstanding performance of the community institutions. As part of the Award, each SHG received a cash award of ` 1,00,000 along with a commemoration and a certificate of appreciation.

India-Denmark MoU on sustainable development

The Union Cabinet apprised the MoU signed between India and Denmark. The objective of this MoU is to promote bilateral cooperation in the field of sustainable and smart urban development on the basis of reciprocity and mutual benefit through an exchange of knowledge, institutional cooperation, research. Under this MoU, a Joint Working Group (JWG) will be set up to strategise.

NBFC for food processing sector

Food Processing Ministry will soon create its new financial institution which will exclusively fund food processing projects and create capacity building in the field of risk assessment and lending to food processing sector. The Agro-Processing Financial Institution will be a non-banking financial institution. The government is likely to hold a minority stake in this NBFC.

Government introduces new scheme SevaBhojYojna

The Ministry of Culture, Government of India has introduced a new scheme called ‘SevaBhojYojna’. The scheme envisages to reimburse the CGST and IGST on purchase of raw items which go into preparation of food offered free of cost by religious institutions. The objective of the scheme is to lessen the financial burden of such Charitable Religious Institutions who provide Food free of cost.

WEP signs SoI with various organisations

NITI Aayog’s Women Entrepreneurs Platform (WEP) signed 5 Statement of Intent (SoIs) with financial institutions. These are Shri Mahila Sewa Sahakari Bank Limited, Indiabulls Housing Finance Limited, SREI Infrastructure Finance Limited, Sreemanta Sankar Mission and the SEWA. The WEP was established on International Women’s Day in March 2018 to increase the number of women entrepreneurs.