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The Pension Fund Regulatory and Development Authority (PFRDA) has announced a significant change for National Pension System (NPS) subscribers who had opted for Scheme A under Tier I (Active Choice). The pension regulator has decided to merge Scheme A with Schemes C and E, a move it says is aimed at modernising the NPS investment…
NEW DELHI: The Centre is set to replace the two-decade-old national rural employment scheme – MGNREGA – with a new legislative framework titled the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025.The Bill, aimed at aligning rural livelihoods with the government’s long-term development vision, has been listed for introduction…
In a major push for India’s makhana sector, Union government approved a multi-year development programme with an outlay of Rs 476.03 crore for the six-year period from 2025-26 to 2030-31. The scheme, rolled out on Friday, aims to mordernise and expand the ecosystem. Ministry of agriculture and farmers welfare, said in an official release, that…
NEW DELHI: The Union Cabinet is likely to approve the renaming the national employment scheme from MGNREGA to Pujya Bapu Gramin Rojgar Yojna.The government will bring Pujya Bapu Gramin Rozgar Gurantee Bill for MNREGA, which will guarantee 125 days work to rural poor in a year. Government will allocate Rs 1.51 lakh crore.National Rural Employment…
The Seamless Tube Manufacturers’ Association of India (STMAI) on Thursday urged the government to introduce a production-linked incentive (PLI) scheme covering at least 10 per cent of exports of their products, ahead of the Union Budget. STMAI President Shiv Kumar Singhal also urged stricter measures to curb illegal imports of seamless pipes, which are affecting…
Union Cabinet’s approval of a Rs 7,280 crore rare earth permanent magnet (REPM) scheme has been welcomed by industry executives as a major boost to India’s EV and electronics supply chains. The programme aims to create 6,000 metric tonnes per annum of integrated REPM capacity through five globally bid projects, supported by sales-linked incentives and…
NEW DELHI: Govt on Wed-nesday cleared an incentive scheme with an outlay of Rs 7,280 crore for establishing domestic capacity for manufacturing 6,000 tonne of integrated rare earth magnets annually with the aim of breaking China’s stranglehold over this vital input for a host of industries ranging from automobiles to aerospace and defence.Govt will allot…
In a boost to India’s domestic rare earth manufacturing capabilities, PM Narendra Modi-led Union Cabinet on Wednesday cleared an over Rs 7,200 crore Rare Earth Permanent Magnets (REPM) Scheme. The scheme aims to establish integrated manufacturing facilities with a capacity of 6,000 Metric Tons per Annum (MTPA) of Rare Earth Permanent Magnets. The initiative hopes…
NEW DELHI: Twenty-eight Naxalites, including 19 women and 22 cadres carrying a cumulative reward of Rs 89 lakh, surrendered before senior police officers in Chhattisgarh’s Narayanpur district on Tuesday, officials said. According to inspector general of police (Bastar Range) Sundarraj Pattilingam, the group cited their decision was driven by the state government’s ‘Niyad Nellanar’ (your…
NEW DELHI: The China factor continues to weigh heavily on India’s emerging electric car market as the domestic supply chain for green cars is inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV models sold in the country, only six – around 13% – have been found eligible for…
