Aatmanirbhar Bharat Abhiyan

The PM noted that the Indian toy market has huge potential and can bring a transformative change in the industry by promoting ‘Vocal for Local’ under the Aatmanirbhar Bharat campaign. Prime Minister Narendra Modi on Saturday met with senior ministers and officials to discuss ways to boost plastic toys manufacturing in India under Aatmanirbhar Bharat mission.  Modi directed the attendees to formulate a strategy and policies so that plastic toys manufacturing clusters can be developed, promoted through innovative and creative methods. He noted that the Indian toy market has huge potential and can bring a transformative change in the industry by promoting ‘Vocal for Local’ under the Aatmanirbhar Bharat campaign.   The PM said that the focus should be on the use of technology and innovation as well as manufacturing quality products that meet global standards. Prime Minister said toys aligned with Indian culture and ethos should be used as pedagogical tools across all Anganwad...

COVID-19 Inter-Ministerial Notifications  Government of India is taking several steps to ensure that we are well prepared to face the challenges and threats posed by COVID-19. With active support of citizens of India, we have been able to mitigate the spread of the virus so far. One of the most important factors in the fight with the virus is to empower the citizens with accurate information and enable them to take precautions as per the advisories being issued by different Ministries. The COVID-19 Inter-Ministerial Notifications website serves this purpose efficiently by providing COVID-19 related notifications from various Ministries in a format that is accessible, built using the S3WaaS framework, that is secure & scalable. Aatmanirbhar Bharat Abhiyaan support Indian economy in fight against COVID-19  India has faced the COVID-19 situation with fortitude and a spirit of self-reliance, that is evident in the fact that from zero production of Personal Protection Equipment...

Commerce Minister Piyush Goyal has said most startups will be eligible for additional liquidity and funding under the credit and  funding support announced for MSMEs  under the Aatmanirbhar Bharat Abhiyan package. Goyal told that the government is ready to support stressed startups. "Most of the startups will be eligible for additional liquidity and funding under the Rs 3 lakh crore, 100% credit guarantee credit facilities under the Aatmanirbhar Bharat package," Goyal said in an interview with the channel on Saturday. "Apart from that, Sidbi gets financial assistance through the government of India, and through the Startup India Fund we are able to supplement SIDBI’s efforts to provide adequate funding to startups. I have had discussions with startups to understand their issues and have also had SEBI, RBI, SIDBI on discussions with startups and the venture capital industry. We are conscious of their concerns and we will handhold and support companies which are stressed,...

H onourable Prime Minister Narendra Modi in his recent public address announced the Aatmanirbhar Bharat Abhiyan economic package that is aimed at boosting the national economy by infusing liquidity and promoting local manufacturing. Finance Minister Nirmala Sitharaman discussed the first instalment of the ₹20 lakh crore package with a focus on the MSME sector. Stating that the package rests on the five pillars of Economy, Infrastructure, Technology-driven systems, Demography, and Demand, the Finance Minister added that the focus will be on the factors of production, i.e., Land, Labour, Liquidity, and Laws. The major steps announced for the revival of MSMEs are as follows: • Collateral-free loan of ₹3 lakh crores for MSMEs will aid 45 lakh MSME units so that they can resume operations and protect jobs. • Subordinate debt provision of ₹20,000 crores will benefit 2 lakh MSMEs that are NPAs or stressed assets. • Under the new definition of MSMEs (Micro units with investment till ₹1 crore a...