7/19/2015 Prime Minister to Launch ‘Make in India’ Initiative

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24-September-2014 15:32 IST

Press Information Bureau

Government of India

Ministry of Commerce & Industry

Prime Minister to Launch ‘Make in India’ Initiative

Prime Minister Shri Narendra Modi will launch “Make in India” initiative on 25th September 2014 from Vigyan Bhawan in

New Delhi. The launch will be at both national level, state level and in Missions abroad. The ‘Make in India’ initiative has its origin in

the Prime Minister’s Independence Day speech where he gave a clarion call to ‘Make in India’ and ‘Zero Defect; Zero Effect’

policy. State Governments, Business Chambers, Indian Missions aboard are playing an active role in the launch of the initiative.

The Government is committed to chart out a new path wherein business entities are extended red carpet welcome in a spirit

of active cooperation. Invest India will act as the first reference point for guiding foreign investors on all aspects of regulatory and

policy issues and to assist them in obtaining regulatory clearances. The Government is closely looking into all regulatory processes

with a view to making them simple and reducing the burden of compliance on investors.

A dedicated cell has been created to answer queries from business entities through a newly created web portal

(www.makeinindia.com). While an exhaustive set of FAQs on this portal will help the investor find instant answers to their general

queries, the back-end support team of the cell would be answering specific queries within 72 hours. A pro-active approach will be

deployed to track visitors for their geographical location, interest and real time user behaviour. Subsequent visits will be customised

for the visitor based on the information collected. Visitors registered on the website or raising queries will be followed up with

relevant information and newsletter. Investor facilitation cell will provide assistance to the foreign investors from the time of their

arrival in the country to the time of their departure. The initiative will also target top companies across sectors in identified countries.

The ‘Make in India’ initiative also aims at identifying select domestic companies having leadership in innovation and new

technology for turning them into global champions. The focus will be on promoting green and advanced manufacturing and helping

these companies to become an important part of the global value chain.

The Government has identified 25 key sectors in which our country has the potential of becoming a world leader. The Prime

Minister will be releasing separate brochures for these sectors along with a general brochure. The brochures covering sectors like

automobiles, chemicals, IT, pharmaceuticals, textiles, ports, aviation, leather, tourism and hospitality, wellness, railways among others

will provide details of growth drivers, investment opportunities, sector specific FDI and other policies and related agencies.

Since the new Government took over, a series of initiatives have been taken to revitalise the industrial sector in general and

manufacturing sector in particular. To mention a few:

ü The process of applying for Industrial License and Industrial Entrepreneur Memorandum has been made online on the e-Biz

website 24*7;

ü A vast number of Defence items have been de-licensed;

ü The validity of Industrial license has been extended to three years;

ü With a view to providing flexibility in working hours and increased intake of apprentices for on the job training, the

Government has decided to amend a number of labour laws;

ü An advisory has been sent to all Departments/ State Governments to simplify and rationalize regulatory environment which

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includes:

· on-line filing of all returns in a unified form;

· no inspection without the approval of the Head of the Department, etc.

Recently the Foreign Direct Investment policy has been liberalized. 100% FDI under automatic route has been permitted in

construction, operation and maintenance in specified Rail Infrastructure projects; FDI in Defence liberalized from 26% to 49%. In

cases of modernization of state-of-art proposals, FDI can go up to 100%; the norms for FDI in the Construction Development sector

are being eased.

The government is committed to improving the physical infrastructure. Development of dedicated freight corridors and

investment in improving our ports and airports are underway. These corridors would house Industrial agglomerations along with smart

cities. The private sector would be playing a significant role in these developmental works.

For the manufacturing sector to take advantage of the improved physical infrastructure, the need for having a strong human

capital is recognized. Government’s effort would be to equip the working age population with the right kinds of skill so that the

manufacturing sector finds them employable. One of the first decisions that the new Government has taken is to set up a separate

Department of Skill Development and Entrepreneurship.

Various prominent National and International industry leaders are likely to attend the programme to launch the campaign

along with Ministers, senior officials, Ambassadors and opinion leaders.

*****

7/19/2015 ‘Make in India’: A Lion’s Step to boost manufacturing

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30-September-2014 17:12 IST

Press Information Bureau

Government of India

Special Service and Features

‘Make in India’: A Lion’s Step to boost manufacturing

Feature

Make in India

*Nirendra Dev A high spot of the economic scene in a normal circumstance in a parliamentary democracy is the presentation of the budget. But this

fiscal, the major highlight could be the launching of ‘Make in India’ campaign by the Prime Minister Narendra Modi on September25, 2014.

The initiative basically promises the investors – both domestic and overseas – a conducive environment to turn 125 crore population

strong-India a manufacturing hub and something that will also create job opportunities.That’s in effect a plunge into a serious business but it is also punctuated with two inherent elements in any innovation – new avenues

or tapping of opportunities and facing the challenges to keep the right balance. The political leadership is widely expected to be

populist; but ‘Make in India’ initiative is actually seen as a judicious mix of economic prudence, administrative reforms and thus

catering to the call of people’s mandate – an aspiring India.

In the words of the Prime Minister Shri Narendra Modi, “the biggest requirement is trust, confidence. I don’t know how we have run

our country that we have doubted our own countrymen at every turn. I need to change this vicious cycle. We should not start from

distrust, we should begin with trust”. And then he adds on rather aptly: “the government should intervene only if there’s some

shortcomings”.

True to the spirit of this visionary statement, the ‘Make in India’ policy programme also commits that the campaign “represents an

attitudinal shift in how India relates to investors: not as a permit-issuing authority, but as a true business partner.”

PM Narendra Modi first made the pitch for 'Make in India' during his maiden Independence Day speech from the ramparts of RedFort "If we have to put in use the education, the capability of the youth, we will have to go for manufacturing sector and for this

Hindustan also will have to lend its full strength, but we also invite world powers. Therefore I want to appeal all the people worldover, from the ramparts of the Red Fort, “Come, make in India”, “Come, manufacture in India”. Sell in any country of the world butmanufacture here. We have got skill, talent, discipline, and determination to do something. We want to give the world an favourable

opportunity that come here, “Come, Make in India” and we will say to the world, from electrical to electronics, “Come, Make inIndia”, from automobiles to agro value addition “Come, Make in India”, paper or plastic, “Come, Make in India”, satellite or

submarine “Come, Make in India”. Our country is powerful. Come, I am giving you an invitation. Brothers and sisters, I want to callupon the youth of the country, particularly the small people engaged in the industrial sector. I want to call upon the youth working inthe field of technical education in the country. As I say to the world “Come, Make in India”, I say to the youth of the country – it

should be our dream that this message reaches every corner of the world, “Made in India”. This should be our dream.

This is a path-breaking venture. In fact, the vision statement of official website, www.makeinindia.gov.in commits to achieve for thecountry among other things an increase in manufacturing sector growth to 12-14 % per annum over the medium term, increase in theshare of manufacturing in the country’s Gross Domestic Product from 16% to 25% by 2022 and importantly to create 100 million

additional jobs by 2022 in the manufacturing sector alone. These are quite highly ambitious targets given the background that themanufacturing sector in India, which accounts for fourth-fifth of the total output, grew a meagre 3.3 per cent in January 2010.

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Achievable Targets:

· Target of an increase in manufacturing sector growth to 12-14% per annum over the medium term.

· An increase in the share of manufacturing in the country’s Gross Domestic Product from 16% to 25% by 2022.

· To create 100 million additional jobs by 2022 in manufacturing sector.

· Creation of appropriate skill sets among rural migrants and the urban poor for inclusive growth.

· An increase in domestic value addition and technological depth in manufacturing.

· Enhancing the global competitiveness of the Indian manufacturing sector.

· Ensuring sustainability of growth, particularly with regard to environment.

Tapping Golden Opportunity:

Now let us look at the opportunity, the initiative can actually benefit India from the ground reality, especially when the Chinese

manufacturing leaps have come under strain. There are already reports that several western manufacturing players operating in China

want to move away from the world’s largest manufacturing hub.

Analysts say, Chinese wages are going up and the labour market is getting more challenging and that is driving away investors. Thus

companies with operating factories in China should look for other alternatives in the region, such as Vietnam, Indonesia and of course

India.

What are the advantages Indian business and especially manufacturing sector actually offer?

The country is expected to rank amongst the world’s top three growth economies and amongst the top three manufacturing

destinations by as early as 2020. This is far more ambitious scene than promised about 2050 sometime back in the context of India’s

role at the BRICS level. Indian manufacturing sector has positive elements like “favourable demographic dividends” for the next 2-3

decades. The sustained availability of quality workforce is another advantage.

Importantly again, in India, the cost of manpower is relatively low as compared to other countries. There are responsible business

houses operating with credibility and professionalism. The country has a democratized polity vis-à-vis the rule of law and a strong

consumerism intake ability of the domestic market.

Various speakers on September 25 at the launch of Make in India programme also spoke about robust technical and engineering

capabilities backed by top-notch scientific and technical institutes as other positive offerings on the table.

Favourable Milestones:

· India has already marked its presence as one of the fastest growing economies of the world.

· The country is expected to rank amongst the world’s top three growth economies and amongst the top three manufacturing

destinations by 2020.

· Favourable demographic dividends for the next 2-3 decades. Sustained availability of quality workforce.

· The cost of manpower is relatively low as compared to other countries.

· Responsible business houses operating with credibility and professionalism.

· Strong consumerism in the domestic market.

· Strong technical and engineering capabilities backed by top-notch scientific and technical institutes.

· Well-regulated and stable financial markets open to foreign investors.

The government has also pledged other focused approaches. Among other things, it intends to leverage the existing

incentives/schemes to boost manufacturing.

A technology acquisition and development fund has been proposed for the acquisition of appropriate technologies, the creation of a

patent pool and the development of domestic manufacturing of equipment used for controlling pollution and reducing energy

consumption, official sources said in New Delhi.

This fund will also function as an autonomous patent pool and licensing agency. It will purchase intellectual property rights from patent

holders.

In his speech at the launch of the campaign, the Prime Minister Shri Modi had a vital point to make when he said incentives or tax-

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free announcements do not win over investors. It is obvious there’s need to create development and growth oriented environment.

The government has also to deal with an existing menace in bureaucratic functioning. The bureaucratic bottle necks that hinder ease of

doing business need to be removed.

Training of Workforce:

The manufacturing sector cannot develop on its own without skilled labour force and in this context it is heartening to note the

government’s initiatives for skill development. The creation of appropriate skill would definitely set rural migrants and the urban poor

on a track towards inclusive growth. That would be a vital step for boosting manufacturing.

The New Ministry for Skill Development and Entrepreneurship has initiated the process of revising the National Policy on Skill

Development. It is significant to note that under the Rural Development ministry, the Modi government has undertaken another new

initiative for skill development under a recast programme named after BJP icon Pt. Deendayal Upadhyaya.

The new training programme envisages setting up of at least 1500 to 2000 training centres across the country and the entire projectwould result in an estimated expenditure of Rs 2000 crore and will be run on PPP model.

The new training programme would enable the youths to get jobs in demand-oriented markets like Spain, US, Japan, Russia, France,

China, UK and West Asia. The government proposes to train about 3 lakh youths annually in first two years and by the end of 2017,

it has set a target of reaching out to as many as 10 lakh rural youths.

Other steps:

As part of other steps, there is need to address other issues too like adequate development of basic infrastructures – the roads and

the power chiefly. For long, MNCs and software service companies have relished doing business in India due to a robust market with

enhanced purchasing ability of the citizens but in terms of building up ‘manufacturing facilities’, India has been a case of also-ran. Inthis context it is worth pointing out that a strong political will, business-like approach of bureaucrats and the entrepreneurs, skilled of

workforce along with investment friendly policies can unleash the nation’s potential.

It is in this context the government’s efforts to develop an “industrial corridor” between Delhi and Mumbai needs to be appreciated.

The government is also working on multi-pronged strategies like development of infrastructure linkages including pioneer plants,

assured water supply, high capacity transportation and logistics facilities.

Carrying on the good works on these fronts, the government also has begun the process of reviving five ailing Public Sector units

(PSUs). Of the 11 PSUs, the government also feels that for six other units that needs to be closed, it is working on one-time

settlement involving voluntary retirement scheme entailing a cost of Rs 1,000 crore VRS for employees.

The state-run units which have been identified by the government for revival include HMT Machine Tools Ltd; Heavy Engineering

Corporation; NEPA Ltd; Nagaland Paper & Pulp Co Ltd; and Triveni Structurals.

*Shri Nirendra Dev is a Special Representative with The Statesman and has written books including 'Modi to Moditva:

An Uncensored Truth

(PIB Features)Email: - featuresunit@gmail.com

himalaya@nic.in

SS-229/SF-229/30.09.2014

YSK/ Uma

Atal Mission for Rejuvenation and Urban

Transformation (AMRUT)

A presentation by the MoUD

June 25, 2015

The National Priority is to create infrastructure

• to provide basic services to households, and

• build amenities

This will improve the quality of life of all, especially the poor and the disadvantaged.

The infrastructure should lead to provision of better services to people.

Purpose of AMRUT

Cooperative federalism- Freedom to States/ULBs to design and implement.

Service Delivery – Focus on infrastructure that leads to delivery of services to citizens.

Reforms Incentivised – 10% incentive for Achievement of Reforms.

Capacity building strategy.

O&M of infrastructure built-in at Planning stage itself.

Focus on Planning before hand -

Service Level Improvement Plans (SLIP),

State Annual Action Plan (SAAP).

AMRUT’s Attributes

water supply,

sewerage facilities and septage management,

storm water drains to reduce flooding,

pedestrian, non-motorized and public transport facilities, parking spaces, and

enhancing amenity value of cities by creating and upgrading green spaces, parks and recreation centers, especially for children.

Thrust Areas

Five hundred (500) cities will be taken up having a population greater than one lakh

(100,000)

Coverage

Formula for Allocation to States - total population and number of statutory urban towns (50:50)

State contribution to the project cost shall not be less than 20%.

Funds distribution –

Project fund - 80% of the annual budgetary allocation (90% during first year).

Incentive for Reforms - 10%

State funds for A&OE - 8%

MoUD funds for A&OE - 2%

Funds Allocation

Components

AMRUT supports States in creating basic urban infrastructure - Mission

is project based.

Central government assistance –

Schemes covered –

Water supply

Sewerage network

Septage management

Storm water drainage

Urban Transport

Green spaces and parks

O&M for five years will be included

1/2 of project cost to cities having population < 10 lacs

1/3 of project cost to cities having population > 10 lacs

Details

Prepare the Service Level Improvement Plan (SLIP) –-

citizen consultations – universal coverage – land to be in

possession – dovetail with other Missions/Schemes –

include O&M – use PPP – execution by Urban Local

Bodies.

Prepare the State Annual Action Plan (SAAP) – three

times the annual allocation.

Project Development and Management Consultants may

be used – a RfP is in the Toolkit.

Planning

SLIP to SAAP to Execution

Apex Committee allocates annual budget to States

ULBs prepare SLIP in consultation with the citizens and representatives

SLIPs are aggregated to form the SAAP – upto be three times the Annual Allocation to State

The Apex Committee appraises and approves the SAAP

The ULBs get DPRs prepared for identified projects approved by the State level Committees after technically appraisal by SLTC

Implementation begins after the detailed technical & financial appraisal of the DPRs.

Funding

For planning Rs. 25 lakh is being released.

Release of the installment shall be in the ratio of

20:40:40 of the approved project cost.

First Installment shall be released on approval

of SAAP.

2nd and 3rd installments shall be released on

receipt of Utilization certificates and shall be

subject to mobilizing the assured resources as

per SAAP by the States/UTs, and

States to release funds to cities within 7 days.

First Installment

• Upon approval of SAAP by Apex Committee, central assistancereleased to State.

• State releases funds to ULB after including it’s share, within sevendays.

Subsequent Installments

• ULB submits prescribed forms to State.

• State consolidates the forms and submits to Apex Committee.

• Upon approval by Apex Committee, funds released to State.

• State releases the funds to ULB after including its share, with in

seven days.

Funds flow

No need to come to the MoUD – to be done at

the State level.

State Level Technical Committee (SLTC) –

Give technical sanctions,

Ensure resilience to disasters,

Check estimate IRR,

Take corrective action on third party reports,

Appraise DPRs.

Appraisal - SLTC

Appraisal

ULBs to develop DPRs and bid documents for projects in the approved SAAP.

ULBs to ensure city level of approvals of DPRs and bid documents and forward these to the SLTC/SHPSC for approvals

State Level Technical Committee (SLTC) to carry out technical and financial appraisal of the DPRs

Mission Management

City Level – ULBs will be responsible for Implementation of Mission

District Level – Review and Monitoring Committee (DLRMC) co-chaired by Member(s) of Parliament with the District Collector

State Level – High Powered Steering Committee (SHPSC) chaired by State Chief Secretary and SLTC chaired by the Principal

Secretary

National Level – Apex Committee (AC) chaired by Secretary (UD)

Reforms

The Mission mandates a set of 11 reforms which have to be

implemented by all the States and Mission cities.

Each year some Reforms to be implemented and 10% has

been set aside as incentives for States/ULBs graded on basis

of each year’s reform achievement.

Technical and Financial assistance will be given for Reform

implementation

List of Reforms

List of Reforms

S.No. Reform

1 E Governance

2 Constitution and Professionalization of Municipal Cadre

3 Augmenting Double Entry Accounting

4 Urban Planning and City Development Plans

5 Devolution of Funds and Functions

6 Review of Building by-laws

List of Reforms (Cont..)

S.No. Reform

7 Set-up financial intermediary at State level

8 (a) Municipal tax and fees Improvement

8 (b) Improvement in levy and collection of user charges

9 Credit Rating

10 Energy and Water Audit

11 Swachh Bharat Mission

Capacity Building is part of the SLIP and SAAP

Components of Capacity Building Plan -

o Individual Capacity Building Plan – MoUD will provide a

list of training institutions and States can link to cities.

to enhance the functional knowledge,

improve the job related skills, and

change the attitude of municipal functionaries

o Institutional Capacity Building Plan

to improve institutional outcomes as set out in Reforms

Agenda

Capacity Building

Individual Capacity Building – Strategy

Plan to train at least 30

functionaries from the four departments every year

and all elected representative

s

The training to

functionaries will consist of three capsules of three days each, spread over a year

The elected representative

s will be imparted

training once at the training

institutes, including a site-visit to learn from

best practices in India

45,000 officials from

500 urban local bodies

will be trained upto June

2018. Capacity building can be taken up

for Non-Mission cities

also

Rs. 25 Lakh is being released to each AMRUT city

for preparation of SLIP & SAAP.

Prepare Capacity Building Plan.

Start the preparation of SLIPs – planning,

designing of projects, preparation of DPRs and

project management.

Submit SAAP as quickly as possible to get the

funds released (first installment) and start work.

To Do

Thank You www.AMRUT.gov.in

BROCHURE 

                                                                 1 The Scheme is subject to the approval of the Government. 

ATAL PENSION YOJANA

JAN DHAN TO JAN SURAKHSHA

Guaranteed Pension by

Govt. of India

(a landmark move by GoI towards pensioned society from pension less society)

BRIEF OF ATAL PENSION YOJANA

The Government of India is concerned about the old age income security of the working poor and is focused on encouraging and enabling them to save for their retirement. To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement

The GoI has therefore announced a new scheme called Atal Pension Yojana (APY)1 in 2015-16 budget. The APY is focussed on all citizens in the unorganized sector.

The scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA) through NPS architecture.

HIGHLIGHTS OF ATAL PENSION YOJANA

Under the APY, there is guaranteed minimum monthly pension for the subscribers ranging between Rs. 1000 and Rs. 5000 per month.

The benefit of minimum pension would be guaranteed by the GoI.

GoI will also co-contribute 50% of the subscriber’s contribution or Rs. 1000 per annum, whichever is lower.  Government co-contribution is available for those who are not covered by any Statutory Social Security Schemes and is not income tax payer. 

GoI will co-contribute to each eligible subscriber, for a period of 5 years who joins the scheme between the period 1st June, 2015 to 31st December, 2015. The benefit of five years of government Co-contribution under APY would not exceed 5 years for all subscribers including migrated Swavalamban beneficiaries.

All bank account holders may join APY.

Eligibility

APY is applicable to all citizen of India aged between 18-40 years.

Aadhaar will be the primary KYC. Aadhar and mobile number are recommended to be obtained from subscribers for the ease of operation of the scheme. If not available at the time of registration, Aadhar details may also be submitted later stage.

Logo of 

Product 

BROCHURE 

Charges for default

Banks are required to collect additional amount for delayed payments, such amount will vary from minimum Re 1 per month to Rs 10/- per month as shown below:

Re. 1 per month for contribution upto Rs. 100 per month.

Re. 2 per month for contribution upto Rs. 101 to 500/- per month.

Re 5 per month for contribution between Rs 501/- to 1000/- per month.

Rs 10 per month for contribution beyond Rs 1001/- per month.

The fixed amount of interest/penalty will remain as part of the pension corpus of the subscriber. Important information for subscriber: Discontinuation of payments of contribution amount shall lead to following:

After 6 months account will be frozen. After 12 months account will be deactivated. After 24 months account will be closed.

Subscriber should ensure that the Bank account to be funded enough for auto debit of contribution amount. Exit : On attaining the age of 60 years:

The exit from APY is permitted at the age with 100% annuitisation of pension wealth. On exit, pension would be available to the subscriber. In case of death of the Subscriber due to any cause:

In case of death of subscriber pension would be available to the spouse and on the death of both of them (subscriber and spouse), the pension corpus would be returned to his nominee. Exit Before the age of 60 Years:

Exit before 60 years of age is not permitted however it is permitted only in exceptional circumstances, i.e., in the event of the death of beneficiary or terminal disease.

Indicative Monthly Contribution Chart

Age of 

Entry

Monthly pension of Rs 1000. 

Monthly pension of Rs2000  

Monthly pension of Rs3000  

Monthly pension of Rs4000  

Monthly pension of Rs5000 . 

18  42  84  126  168  210 

20 50 100 150  198 248

25 76 151 226  301 376

30 116 231 347  462 577

35 181 362 543  722 902

40  291  582  873  1164  1454 

BROCHURE 

Administered by: Pension Fund Regulatory and Development Authority

1st Floor, ICADR Building, Plot No. 6, Vasant Kunj Institutional Area, Phase‐II, New Delhi‐110070

7/19/2015 Beti Bachao Beti Padhao (BBBP) Scheme

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05-December-2014 15:32 IST

Press Information Bureau

Government of India

Ministry of Women and Child Development

Beti Bachao Beti Padhao (BBBP) Scheme

Government of India has introduced the Beti Bachao, Beti Padhao (BBBP) scheme for survival, protection & education of the girlchild. It aims to address the issue of declining Child Sex Ratio (CSR) through a mass campaign across the country targeted atchanging societal mindsets & creating awareness about the criticality of the issue. The Scheme will have focussed intervention &multi-sectoral action in 100 districts with low Child Sex Ratio.

The criteria/norms for selection/identification of 100 districts under the BetiBachaoBetiPadao programe are as under:-

i) 87 Districts have been selected from 23 States/UTs having Child Sex Ratio below the National average of 918.

ii) 8 Districts have been selected from 8 States/UTs having Child Sex Ratio above National average of 918 but

showing declining trend

iii) 5 Districts have been selected from 5 States/UTs having Child Sex Ratio above National average of 918 and

showing improving trend so that other parts of country can learn from them.

It is a joint initiative of Ministry of Women and Child Development, Ministry of Health and Family Welfare and Ministry of HumanResource Development. The Sectoral interventions under the programme include the following:

i) Ministry of WCD: Promote registration of pregnancies in first trimester in AnganwadiCentres (AWCs);

Undertake Training of stakeholders; Community Mobilization & Sensitization; Involvement of Gender Champions;Reward & recognition of institutions & frontline workers.

ii) Ministry of Health & Family Welfare: Monitor implementation of Pre-Conception and Pre-Natal Diagnostic

Techniques (PCP&DT)Act, 1994; Increased institutional deliveries; Registration of births; Strengthening PNDT

Cells; Setting up Monitoring Committees.

iii) Ministry of Human Resource Development: Universal enrolment of girls; Decreased drop-out rate; Girl Childfriendly standards in schools; Strict implementation of Right to Education (RTE); Construction of Functional Toilets

for girls.

As the Beti Bachao, Beti Padhao (BBBP) scheme has been approved recently, no fund allocation has been made so far to the

States.

This information was given by the Union Minister of Women and Child Development, Smt. Maneka Gandhi in a written reply to theLok Sabha today.

NB/PS

7/19/2015 Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) - Skill Development for Inclusive Growth

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09-February-2015 15:33 IST

Press Information Bureau

Government of India

Special Service and Features

Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) - Skill Development for Inclusive Growth

FeatureMinistry of Rural Development/

Republic Day 2015

*L C GoyalAccording to Census 2011, India has 55 million potential workers between the ages of 15 and 35 years in rural areas. Atthe same time, the world is expected to face a shortage of 57 million workers by 2020. This presents a historic opportunityfor India to transform its demographic surplus into a demographic dividend. The Ministry of Rural Development implementsDDU-GKY to drive this national agenda for inclusive growth, by developing skills and productive capacity of the rural youthfrom poor families. There are several challenges preventing India’s rural poor from competing in the modern market, such as the lack of formaleducation and marketable skills. DDU-GKY bridges this gap by funding training projects benchmarked to global standards,with an emphasis on placement, retention, career progression and foreign placement. Features of Deen Dayal Upadhyaya Grameen Kaushalya Yojana · Enable Poor and Marginalized to Access Benefits

Demand led skill training at no cost to the rural poor

· Inclusive Program DesignMandatory coverage of socially disadvantaged groups (SC/ST 50%; Minority 15%; Women 33%)

· Shifting Emphasis from Training to Career ProgressionPioneers in providing incentives for job retention, career progression and foreign placements

· Greater Support for Placed CandidatesPost-placement support, migration support and alumni network

· Proactive Approach to Build Placement Partnerships

Guaranteed Placement for at least 75% trained candidates · Enhancing the Capacity of Implementation Partners

Nurturing new training service providers and developing their skills

· Regional FocusGreater emphasis on projects for poor rural youth in Jammu and Kashmir (HIMAYAT),the North-East region and 27 Left-Wing Extremist (LWE) districts (ROSHINI)

· Standards-led DeliveryAll program activities are subject to Standard Operating Procedures that are not open to interpretation by localinspectors. All inspections are supported by geo-tagged, time stamped videos/photographs

Implementation Model DDU-GKY follows a 3-tier implementation model. The DDU-GKY National Unit at MoRD functions as the policy-making,technical support and facilitation agency. The DDU-GKY State Missions provide implementation support; and the Project

7/19/2015 Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) - Skill Development for Inclusive Growth

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Implementing Agencies (PIAs) implement the programme through skilling and placement projects. Project Funding Support DDU-GKY provides funding support for placement linked skilling projects that address the market demand with fundingsupport ranging from Rs. 25,696 to over Rs. 1 lakh per person, depending on the duration of the project and whether theproject is residential or non-residential. DDU-GKY funds projects with training duration from 576 hours (3 months) to 2304hours (12 months).Funding components include support for training costs, boarding and lodging (residential programmes), transportationcosts, post-placement support costs, career progression and retention support costs. In funding projects, priority is given to PIAs offering: • Foreign Placement• Captive Employment: Those PIAs or organizations that take upskill training to meet internal ongoing HR needs• Industry Internships: Support for internships with co-fundingfrom industry• Champion Employers: PIAs who can assure skill training andplacement for a minimum of 10,000 DDU-GKY trainees in a spanof 2 years • Educational Institution of High Repute: Institutes with aminimum National Assessment and Accreditation Council (NAAC)grading of 3.5 or Community Colleges with University GrantsCommission (UGC)/ All India Council for Technical Education(AICTE) funding willing to take up DDU-GKY projects Training Requirements DDU-GKY funds a variety of skill training programs covering over250 trades across a range of sectors such as Retail, Hospitality ,Health, Construction, Automotive, Leather, Electrical, Plumbing, Gems and Jewelry, to name a few. The only mandate isthat skill training should be demand based and lead to placement of at least 75% of the trainees. The trade specific skills are required to follow the curriculum and norms prescribed by specified national agencies: theNational Council for Vocational Training and Sector Skills Councils. In addition to the trade specific skills, training must be provided in employability and soft skills, functional English andfunctional Informational technology literacy so that the training can build cross cutting essential skills. Training Quality Assurance Through the National Policy on Skill Development, 2009, India recognized the need for the development of a nationalqualification framework that would transcend both general education and vocational education and training. Accordingly,GOI has notified the National Skills Qualification Framework (NSQF) in order to develop nationally standardized, andinternationally comparable qualification mechanism for skill training programs which can also provide for interoperabilitywith the mainstream education system. In line with NSQF, DDU-GKY mandates independent third party assessment and certification by assessment bodiesempanelled by the NCVT or SSCs. Scale and Impact DDU-GKY is applicable to the entire country. The scheme is being implemented currently in 33 States/UTs across 610

districts partnering currently with over 202 PIAs covering more than 250 trades across 50+ sectors. So far, from the year

2004-05 till 30th November 2014, a total of 10.94 lakh candidates have been trained and a total of 8.51 lakh candidates

7/19/2015 Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) - Skill Development for Inclusive Growth

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have been given placement.

“Even though I couldn’t complete my education, I havebeen able to create my own identity because of DDU-GKY.Now everyone knows me by my name.” Seema BhartiTextile Expert,Orient Craft Limited, Faridabad Seema’s commitment has made her a textile experttoday and is known by one and all in her company. Sheis looked at with respect despite not having been ableto complete her education.

*Sh. L C Goyal, Secretary of Ministry of Rural Development.

(PIB Features)

Email: - featuresunit@gmail.com

himalaya@nic.in

SS-279/SF-279/ 3.02.2015YSK/ Uma

Whenever one has to appear for a job interview, apply for a passport or open a bank account,

getting the documents attested by a gazetted officer or any authorised signing authority has

always been a big hassle. However, these cumbersome preconditions like attestations and

affidavits are undergoing a landmark reform. In a constant endeavour of the Government to

simplify procedures of attestation and certification, all Central Ministries/Departments as well as

State Government/UTs have been requested to review the existing requirement in this regard and

make provision for self certification, wherever possible.

Background Self attestation is an essential method to affirm that the copies of documents presented as

proofs of one’s identity and whereabouts are true and original. In a country which still functions

on paperwork, a lot of documents have to be submitted along with every form we fill. The last

dates for the forms approach so soon and half of the times we are worrying about where to find a

gazetted officer who will attest the copies of our original documents. We end up calling friends,

relatives to find one person who would attest our documents so that the form gets submitted in

time.

Recently Government of India has asked all its departments and state governments to

make provisions for self-certification and accept documents which are self-attested as a

confirmation of identity in place of attestation by a gazetted officer. This practice has already

been adopted by some of the Central Government agencies and is being introduced in various

states gradually. University Grants Commission has also issued special instructions through

D.O.No.F. 14-1412014(CPP-ll) dated 26th September, 2014 regarding abolition of affidavits and

adoption of self certification. This move comes as a big relief not only to the students but also to

all the individuals associated with the academics.

Self-attestation would save time and money as people will not have to chase officers for

attestation of documents. It has been seen that some of these officers charge for these services

making it a part-time business. In most of the cases one hardly knows the gazetted officer and

getting documents attested by a stranger seems pointless. If the government’s idea behind

attestation is an assurance of the person’s identity and character then a document attested by a

stranger is useless. The government’s initiative of switching over to self-attestation is a welcome

move as it also gives us the opportunity to take responsibility and ownership of our own actions.

No legal hassle in going for this positive change Self-certification might seem risky as not all self-attested documents will be true but this

puts the blame directly on the person who is attesting false documents. He/she will be solely

responsible for any false documents attested by them. The advantages of self-attestation are that the public agencies can impose penal liability

for making wrong statements in terms of suspension of the services (suspension of ration card

facilities, disconnection of power supply, etc.). This will save a lot of botheration and sizeable

expenses for the citizen who has to procure stamps/stamp paper which is mostly not available at

the place where the affidavit is to be submitted.

There appears to be no legal problem in adopting this practice. The Indian Penal Code

contains a number of Sections such as 177, 193, 197, 198, 199 and 200. These Sections

specifically deal with the implications of any false information/evidence/disclosure/ declaration

made by the deponents and, any such instances included shall be liable to imposition of

penalties, fines, registration of criminal cases and even imprisonment, as the case may be.

DigiLocker: Another Giant leap The Department of Electronics & Information Technology (DeitY) has recently

launched an Aadhaar-based e-locker service for storing documents. Users will be able to store

electronic versions of important documents like birth certificates, voters ID cards, academic

documents, etc in the e-locker. They can also electronically sign these documents with the e-sign

facility, which is currently still being tested, and then share them with government organisations

or other entities when required. The sharing of e-documents will be done through a registered

repository, which will ensure that the documents are authentic. This is likely to reduce usage of

fake documents to a certain extent and also minimize time spent on authenticating

documents. To Sign-up for the DigiLocker you need to have an Aadhaar number and a mobile

number registered with Aadhaar.

Following are the key features of the DigiLocker: i. Digital Locker of each resident is linked to their Aadhaar number.

ii. 10MB of free space in the locker to securely store resident documents and store links

(URI) of Govt. department or agency issued e-documents. The storage space allocation

will be increased to 1GB in subsequent release. iii. eSign online service to digitally sign the documents online without using dongle. For

details please refer to the e-Sign brochure available on the portal

iv. Sharing of e-documents online with any registered requester agency or department

v. Download eAadhaar vi. List of issuers who have issued e-documents to residents and list of requesters which

have accessed resident’s documents.

More information on the futuristic service can be found on: https://digitallocker.gov.in/

It is extremely important for all of us to create awareness among the citizens about the

concept of self-attestation which is purely in favour of the commoners. This whole concept

revolves around trust and responsibility. Self-certification is a citizen-friendly initiative by the

government of India that marks a departure from the cumbersome system established since

decades.

i. To mobilize the gold held by households and institutions in the country.

Draft Gold Monetization Scheme

I. Objective

The objectives of the Gold Monetization scheme are:

ii. To provide a fillip to the gems and jewellery sector in the country by making

gold available as raw material on loan from the banks.

iii. To be able to reduce reliance on import of gold over time to meet the domestic

demand.

III. Scope

The scheme requires a vast set-up of infrastructure for facilitating easy and secure

handling of gold. For this reason, it may be possible to launch it initially only in

selected cities. Over time, as the infrastructure for assaying and refining of gold

develops, the scheme can be extended to other cities.

IV. Scheme

The draft outline of the scheme detailed in this section, has been prepared after due

deliberations and consultations with various stakeholders which includes banks,

refineries, hallmarking centres, jewellers’ associations; RBI; and various government

departments. A schematic representation of the scheme is at Annexure-I.

•

Draft GMS

I. Purity Verification and Deposit of Gold

Purity Testing Centres: There are at present 350 Hallmarking

Centres that are Bureau of Indian Standards (BIS) certified spread

across various parts of the country (List of the number of centres in

each states is at Annexure-II). These centres may not necessarily be

jewellers. They are engaged in certifying the purity of the gold that the

jewellers manufacture on a daily basis and for which they charge a fee

from the jewellers. These Hallmarking Centres will act as ‘Purity

Testing Centres’ for the GMS as they are well equipped to conduct a

test of purity of the jewellery in a short span of time.

• Preliminary Test:

•

In a Purity Testing Centre, a preliminary XRF

machine-test will be conducted to tell the customer the approximate

amount of pure gold. If the customer agrees, he will have to fill-up a

Bank/KYC form and give his consent for melting the gold. If the

customer does not agree to the XRF machine test, he can take his

jewellery back at this stage. The time spent by the customer will be

about 45 minutes in the centre up till this stage.

Fire Assay Test:

•

After receiving the customer’s consent for melting the

gold for conducting a further test of purity, at the same collection

centre, the gold ornament will then be cleaned of its dirt, studs, meena

etc. The studs will be handed-over to the customer there itself. Net

weight of the jewellery will be taken after such removals and told to the

customer.Then, right in front of the customer the jewellery will be

melted and through a fire assay, its purity will be ascertained. These

centres have viewing galleries from where the customer can see the

entire process. The time taken is expected not to exceed 3-4 hours.

Deposit of Gold:When the results of the fire assay are told to the

customer, he has a choice of either refusing to accept, in which case he

can take back the melted gold in the form of gold bars, after paying a

nominal fee1

•

to that centre; or he may agree to deposit his gold (in

which case the fee will be paid by the bank). If the customer agrees to

deposit the gold, then he will be given a certificate by the collection

centre certifying the amount and purity of the deposited gold.

Conditions:

The minimum quantity of gold that a customer can bring is

proposed to be set at 30 grams, so that even small depositors are

encouraged. Gold can be in any form(bullion or jewellery).

1 The details of the fees as received from the Indian Association of Hallmarking Centres are at Annexure III. These are only indicative and may change after the consultative process is over.

II. Opening of Gold Savings Account with the banks.

• Gold Savings Account:

•

When the customer produces the certificate of

gold deposited at the Purity Testing Centre, the bank will in turn open

a ‘Gold Savings Account’ for the customer and credit the ‘quantity’ of

gold into the customer’s account. Simultaneously, the Purity

Verification Centre will also inform the bank about the deposit made.

Interest payment by banks:

•

The bank will commit to paying an

interest to the customer which will be payable after 30/60 days of

opening of the Gold Savings Account. The amount of interest rate to be

given is proposed to be left to the banks to decide. Both principal and

interest to be paid to the depositors of gold, will be ‘valued’ in gold. For

example if a customer deposits 100 gms of gold and gets 1 per cent

interest, then, on maturity he has a credit of 101 gms.

Redemption:

•

The customer will have the option of redemption either

in cash or in gold, which will have to be exercised in the beginning

itself (that is, at the time of making the deposit).

Tenure:

•

The tenure of the deposit will be minimum 1 year and with a

roll out in multiples of one year. Like a fixed deposit, breaking of lock-

in period will be allowed.

Tax Exemption:

III. Transfer of Gold to the Refiners

In the Gold Deposit Scheme (1999), the customers

received exemption from Capital Gains Tax, Wealth tax and Income

Tax. Similar tax exemptions are likely to be made available to the

customers in the GMS after due examination.

• Refineries:

•

At present there are about 32 refineries in the country. The

laboratories of some of these refineries are NABL accredited which

means that the process that they adopt is certified.BIS has been asked

by this Department to ascertain if it can conduct accreditation of the

products being produced in these refineries also.

• Transfer of gold to refineries:

•

Purity Testing Centres will send the gold

to the refiners. The refiners will keep the gold in their ware-houses,

unless the banks prefer to hold it themselves.

Payment:

IV. Utilization of Deposited Gold

For the services provided by the refiners, they will be paid a

fee by the banks, as decided by them, mutually.

• CRR/SLR

•

: To incentivize banks, it is proposed that they may be

permitted to deposit the mobilized gold as part of their CRR/SLR

requirements with RBI. This aspect is still under examination.

Foreign Currency:

•

Banks may sell the gold to generate foreign

currency. The foreign currency thus generated can then be used for

onward lending to exporters / importers.

Coins:

•

Bank may convert mobilized gold into coins for onward sale to

their customers

Exchanges:

•

Banks to buy and sell on domestic commodity exchanges,

where mobilized gold can be delivered.

Lending to jewellers:

V. Lending the Gold to the Jewellers

For lending to jewellers

• Gold Loan Account:

•

The jewellers, on the basis of the terms and

conditions of the banks, will get a Gold Loan Account opened at the

bank.

Delivery of gold to jewellers:

•

When a gold loan is sanctioned, the

jewellers will receive physical delivery of gold from the refiners. The

banks will in turn make the requisite entry in the jewellers’ Gold Loan

Account.

Interest received by banks:

Interest rate paid to the depositors of gold

The interest rate charged by the banks will

have to cover the following:

Fee paid to the refiners and Purity Verification Centres.

Profit margin of the banks

The banks can directly get gold from the international market on

a consignment basis and lend it to the jewellers. If this route is

more lucrative, then the entire purpose will get defeated. Thus,

this aspect will also have to be kept in mind, while deciding the

interest rate.

VI. MoU between Banks, Refiners and Purity Testing Centres

• The banks will enter into a tripartite MoU with refiners and purity testing

centres, that are selected by them to be their partners in the scheme.

• The MoU will clearly lay down the details regarding payment of fee, services to

be provided, standards of service and the details of the arrangements between

the banks, refiners and purity testing centres.

Annexure I

DIAGRAMMATIC FLOW CHART

Gold Savings Account

Gold Loan Account

Flow of gold Flow of information/equivalent money

CUSTOMER

Informs customer/ provides receipts for the value

Brings Gold in any form

Verifies/Assays the Gold

Collection/ Assaying Centre

Sends Gold for melting & preparation of standard bars

Informs bank of the value to be credited to customer

StoresGold in vaults Tells refinery

to send gold to the jeweller

Banks Refinery

Repays Metal Loan in cash

Sends Gold based on

Bank information Jeweller

Gold Lending Operation

Gold Mobilization Operation

Annexure-II List of Collection Centres

Annexure-III

SCHEDULE OF FEES

1) Melting charges : a) Minimum charges/upto 100 gms - Rs. 500 per lot b) 100 gms to 200 gms - Rs. 600 c) 200 gms to 300 gms - Rs. 700 d) 300 gms to 400 gms - Rs. 800 e) 400 gms to 500 gms - Rs. 900 f) 500 gms to 600 gms - Rs.1000 g) 600 gms to 700 gms - Rs. 1100 h) 700 gms to 800 gms - Rs.1200 i) 800 gms to 900 gms - Rs.1300 j) 900 gms to 1000 gms - Rs.1400

2) Testing/fire assaying charges - Rs. 300

3) Stone removal charges - at actuals

Minimum charge - Rs. 100

4) Melting loss - at actuals

(Information as received from Indian Association of Hallmarking Centres-this is only indicative and is subject to change after consultations)

7/19/2015 Government announces ‘Deen Dayal Upadhyaya Antyodaya Yojana’- DAY for uplift of urban, rural poor

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25-September-2014 18:31 IST

Press Information Bureau

Government of India

Ministry of Housing and Urban Poverty Alleviation

Government announces ‘Deen Dayal Upadhyaya Antyodaya Yojana’- DAY for uplift of urban, rural poor

All 4,041 statutory cities/towns to be covered under urban component of DAY

Shri M.Venkaiah Naidu says Rs.500 cr on skill development of urban poor during 2014-15

Minister says, skills stimulate self-worth and nation’s economy

The Government today announced an overarching scheme for uplift of urban and rural poor through enhancement oflivelihood opportunities through skill development and other means. The scheme has been named as ‘Deen Dayal AntyodayaYojana – DAY’. The announcement was made today by Shri M.Venkaiah Naidu, Minister of Housing & Urban Poverty Alleviationand Shri Nitin Gadkari, Minister of Rural Development at a National Convention on Skills for Rural and Urban Poor.

The Minister further informed that under the current urban poverty alleviation programmes, only 790 cities and towns arecovered and the government has decided to extend these measures to all the 4,041 statutory cities and towns, there by coveringalmost the entire urban population.

Announcing the details of urban component of DAY, Shri Venkaiah Naidu said, Rs.1,000 cr has been provisioned for urbanpoverty alleviation during 2014-15. Out of this, Rs.500 cr will be spent on skill development of over 5,00,000 urban poor. He said,for realizing the ‘Make in India’ objective, skill development is essential. He observed that “If India is to emerge as themanufacturing base to meet global needs, the only certain way is to empower every youth of the country with the necessaryskills. Skill development has multiple outcomes including enhancing employment opportunities, stimulating economic growthand promoting self-worth of beneficiaries.’’

Shri Venkaiah Naidu informed that under the urban component of DAY, focus will be on:

1.Imparting skills with an expenditure of Rs.15,000 – Rs.18,000 on each urban poor;

2.Promotion of self-employment through setting up individual micro-enterprises and group enterprises with interest subsidy forindividual projects costing Rs.2.00 lakhs and Rs.10.00 lakhs for group enterprises. Subsidized interest rate will be 7%;

3.Training urban poor to meet the huge demand from urban citizens by imparting market oriented skills through City LivelihoodCentres. Each Centre would be given a capital grant of Rs.10.00 lakhs.

4.Enabling urban poor form Self-Help Groups for meeting financial and social needs with a support of Rs.10,000/- per each groupwho would in turn would be helped with bank linkages;

5. Development of vendor markets besides promotion of skills of vendors; and

6. Construction of permanent shelters for urban homeless and provision of other essential services.

A A Rao (9810618919)

7/19/2015 Prime Minister to Launch Mudra Bank Tomorrow; 5.77 Crore Small Business Units to be Provided Access to Institutional Finance

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07-April-2015 11:46 IST

Press Information Bureau

Government of India

Ministry of Finance

Prime Minister to Launch Mudra Bank Tomorrow; 5.77 Crore Small Business Units to be Provided Access to

Institutional Finance

The Prime Minister Shri Narendra Modi will launch the Micro Units Development and Refinance Agency Ltd.

(MUDRA) - a Bank tomorrow at a function at Vigyan Bhavan in the national capital.

Earlier in his Budget Speech for Financial Year (FY) 2015-16, the Union Finance Minister Shri Arun Jaitley had proposed

the creation of a Micro Units Development Refinance Agency (MUDRA) Bank, with a corpus of Rs.20,000 crore, and creditguarantee corpus of Rs.3,000 crore. MUDRA, to be set up through a statutory enactment, would be responsible for developing and

refinancing through a Pradhan Mantri MUDRA Yojana, all Micro-finance Institutions (MFIs) which are in the business of lending tomicro / small business entities engaged in manufacturing, trading and service activities. MUDRA would also partner with

State/Regional level coordinators to provide finance to Last Mile Financiers of small/micro business enterprises. Further, theapproach goes beyond credit only approach and offers a credit – plus solution for these enterprises spread across the country. The

roles envisaged for MUDRA would include:

· Laying down policy guidelines for micro enterprise financing business

· Registration of MFI entities

· Accreditation /rating of MFI entities

· Laying down responsible financing practices to ward off over indebtedness and ensure proper client protection principles and

methods of recovery

· Development of standardised set of covenants governing last mile lending to micro enterprises

· Promoting right technology solutions for the last mile

· Formulating and running a Credit Guarantee scheme for providing guarantees to the loans/portfolios which are being

extended to micro enterprises

· Support development & promotional activities in the sector

· Creating a good architecture of Last Mile Credit Delivery to micro businesses under the scheme of Pradhan Mantri

MUDRA Yojana

These measures to be taken up by MUDRA are targeted towards mainstreaming young, educated or skilled workers andentrepreneurs including /women entrepreneurs. The Government of India believes that development and growth have to be inclusive.

According to the NSSO Survey of 2013, there are some 5.77 crore small business units, mostly individual proprietorship, which runmanufacturing, trading or services activities. These encompass myriad of small manufacturing units, shopkeepers, fruits / vegetablevendors, truck & taxi operators, food-service units, repair shops, machine operators, small industries, artisans, food processors,

street vendors and many others. Most of these ‘own account enterprises’ (OAE) are owned by people belonging to ScheduledCaste, Scheduled Tribe or Other Backward Classes. The biggest bottleneck in the growth of entrepreneurship in this sector is the

lack of financial support. A vast part of the non-corporate sector operates as unregistered enterprises and formal or institutionalarchitecture has not been able to reach out to meet its financial requirements. Providing access to institutional finance to suchmicro/small business units/enterprises will not only help in improving the quality of life of these entrepreneurs but also turn them into

strong instruments of GDP growth and employment generation.

Since the enactment for MUDRA is likely to take some time, it is proposed to initiate MUDRA as a unit of SIDBI to benefit

from SIDBI’s initiatives and expertise.

Products and Offerings

The primary product of MUDRA will be refinance for lending to micro businesses / units under the aegis of the Pradhan

7/19/2015 Prime Minister to Launch Mudra Bank Tomorrow; 5.77 Crore Small Business Units to be Provided Access to Institutional Finance

http://pib.nic.in/newsite/PrintRelease.aspx?relid=118005 2/3

Mantri MUDRA Yojana. The initial products and schemes under this umbrella have already been created and the interventions have

been named ‘Shishu’, ‘Kishor’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary microunit / entrepreneur as also provide a reference point for the next phase of graduation / growth for the entrepreneur to aspire for:

· Shishu: covering loans upto Rs. 50,000/-

· Kishor: covering loans above Rs. 50,000/- and upto Rs. 5 lakh

· Tarun: covering loans above Rs. 5 lakh and upto Rs. 10 lakh

Businesses/entrepreneurs/units covered would include proprietorship/partnership firms running as small manufacturing units,

shopkeepers, fruits/vegetable sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or

body of individuals, food service units, repair shops, machine operators, small industries, artisans, food processors, self help groups,professionals and service providers etc. in rural and urban areas with financing requirements upto Rs.10 lakh.

The products initially being launched are as under:

· Sector/activity specific schemes, such as schemes for business activities in Land Transport, Community, Social & PersonalServices, Food Product and Textile Product sectors. Schemes would similarly be added for other sectors / activities.

· Micro Credit Scheme (MCS)

· Refinance Scheme for Regional Rural Banks (RRBs) / Scheduled Co-operative Banks

· Mahila Uddyami Scheme

· Business Loan for Traders & Shopkeepers

· Missing Middle Credit Scheme

· Equipment Finance for Micro Units

Credit Plus Approach

MUDRA would also adopt a credit plus approach and take up interventions for development support across the entire

spectrum of beneficiary segments. The highlights of such proposed interventions / initiatives are as under:

· Supporting financial literacy

· Promotion and Support of Grass Root Institutions

· Creation of Framework for “Small Business Finance Entities”

· Synergies with National Rural Livelihoods Mission

· Synergies with National Skill Development Corporation

· Working with Credit Bureaus

· Working with Rating Agencies

Other Proposed Offerings: Going forward, offerings as under are also envisaged:

· MUDRA Card

· Portfolio Credit Guarantee

· Credit Enhancement

MUDRA will build on experiences of some of the existing players who have demonstrated ability to cater to the Non

Corporate Small Business segment to build a financing architecture and right ecosystem for both the entrepreneurs as well as the lastmile financiers to the segment. Access to finance in conjunction with rational price is going to be the unique customer value

proposition of MUDRA. The establishment of MUDRA would not only help in increasing access of finance to the unbanked but also

bring down the cost of finance from the Last Mile Financiers to the informal micro / small enterprises sector. The approach goes

beyond credit only approach and offers a credit – plus solution for these myriad micro enterprises, creating a complete ecosystem

7/19/2015 Prime Minister to Launch Mudra Bank Tomorrow; 5.77 Crore Small Business Units to be Provided Access to Institutional Finance

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spread across the country.

*****

DSM/KA

1

RULES FOR PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA

TIE UP WITH M/S SBI LIFE INSURANCE CO.LTD

DETAILS OF THE SCHEME: The scheme will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason. The scheme would be offered / administered through M/s SBI Life Insurance co.ltd. Scope of coverage: All savings bank account holders in the age 18 to 50 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only. Aadhar would be the primary KYC for the bank account. Enrolment period: Initially, on launch for the cover period 1st June 2015 to 31st May 2016, subscribers will be required to enroll and give their auto-debit consent by 31st May 2015. Late enrollment for prospective cover will be possible up to 31st August 2015, which may be extended by Govt. of India for another three months, i.e. up to 30th of November, 2015. Those joining subsequently may be able to do so with payment of full annual premium for prospective cover, with submission of a self-certificate of good health in the prescribed proforma. Enrolment Modality The cover shall be for the one year period stretching from 1st June to 31st May for which option to join / pay by auto-debit from the designated savings bank account on the prescribed forms will be required to be given by 31st May of every year, with the exception as above for the initial year. Delayed enrollment with payment of full annual premium for prospective cover may be possible with submission of a self-certificate of good health. Individuals who exit the scheme at any point may re-join the scheme in future years by submitting a declaration of good health in the prescribed proforma. In future years, new entrants into the eligible category or currently eligible individuals who did not join earlier or discontinued their subscription shall be able to join while the scheme is continuing, subject to submission of self-certificate of good health. Benefits: Rs.2 lakhs is payable on member’s death due to any reason Premium: Rs.330/- per annum per member. There is no Service Tax for the premium collected under this scheme, as service tax is exempted. The premium will be deducted from the account holder’s savings bank account through ‘auto debit’ facility in one installment, as

2

per the option given, on or before 31st May of each annual coverage period under the scheme. Delayed enrollment for prospective cover after 31st May will be possible with full payment of annual premium and submission of a self-certificate of good health. Cash should not be accepted towards payment of premium, and should be routed through applicant’s Savings accounts. In other words, premium is to be remitted by the debit of applicant’s account only. Eligibility Conditions:

a) The savings bank account holders of the participating banks aged between 18 years (completed) and 50 years (age nearer birthday) who give their consent to join / enable auto-debit, as per the above modality, will be enrolled into the scheme.

b) Individuals who join after the initial enrollment period extending up to 31st August 2015 or 30th November 2015, as the case may be, will be required to give a self-certification of good health and that he / she does not suffer from any of the critical illnesses as mentioned in the applicable Consent cum Declaration form as on date of enrollment or earlier.

Master Policy Holder: Bank will be the Master policy holder of the group scheme. Termination of assurance: The assurance on the life of the member shall terminate on any of the following events and no benefit will become payable there under:

1) On attaining age of 55 years (age near birth day) subject to annual renewal up to that date (entry, however, will not be possible beyond the age of 50 years).

2) Closure of account with the Bank or insufficiency of balance to keep the insurance in force.

3) In case a member is covered under PMJBY with M/s SBI Life Insurance co.ltd through more than one account and premium is received by M/s SBI Life Insurance co.ltd inadvertently, insurance cover will be restricted to Rs. 2 Lakh and the premium shall be liable to be forfeited.

4) If the insurance cover is ceased due to any technical reasons such as insufficient balance on due date or due to any administrative issues, the same can be reinstated on receipt of full annual premium and a satisfactory statement of good health.

5) Bank shall remit the premium to insurance companies in case of regular enrolment on or before 30th of June every year and in other cases in the same month when received.

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Administration: The scheme, subject to the above, will be administered by M/s SBI Life Insurance co.ltd. The data flow process is enclosed in the Annexure.. Members may also give one-time mandate for auto-debit every year till the scheme is in force. Enrollment form / Auto-debit authorization / Consent cum Declaration form in the prescribed proforma shall be obtained and retained by the bank. In case of claim, M/s SBI Life Insurance co.ltd may seek submission of the same. M/s SBI Life Insurance co.ltd reserves the right to call for these documents at any point of time. The experience of the scheme will be monitored on yearly basis for recalibration etc., as may be necessary Appropriation of Premium:

1) Insurance Premium to M/s SBI Life Insurance co.ltd: Rs.289/- per annum per member

2) Reimbursement of Expenses to BC/Micro/Corporate/Agent : Rs.30/- per annum per member

3) Reimbursement of Administrative expenses to participating Bank: Rs.11/- per annum per member

The proposed date of commencement of the scheme will be 1st June 2015.The next Annual renewal date shall be each successive 1st of June in subsequent years.The scheme is liable to be discontinued prior to commencement of a new future renewal date if circumstances so require.

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FAQs on PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA Q1. What is the nature of the scheme? The scheme will be a one year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any reason. Q2. What would be the benefits under the scheme and premium payable? Rs.2 lakhs is payable on a subscriber’s death due to any reason. The premium payable is Rs.330/- per annum per subscriber. Q3. How will the premium be paid? The premium will be deducted from the account holder’s savings bank account through ‘auto debit’ facility in one installment, as per the option to be given on enrolment. Members may also give one-time mandate for auto-debit every year till the scheme is in force, subject to re-calibration that may be deemed necessary on review of experience of the scheme from year to year. Q4. Who will offer / administer the scheme? The scheme would be offered / administered through M/s SBI Life Insurance co.ltd. Q5. Who will be eligible to subscribe? All savings bank account holders in the age 18 to 50 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only. Q6. What is the enrolment period and modality? Initially on launch for the cover period from 1st June 2015 to 31st May 2016 subscribers are expected to enroll and give their auto-debit option by 31st May 2015, extendable up to 31st August 2015. Enrolment subsequent to this date will be possible prospectively on payment of full annual payment and submission of a self-certificate of good health. Subscribers who wish to continue beyond the first year will be expected to give their consent for auto-debit before each successive May 31st for successive years. Delayed renewal subsequent to this date will be possible on payment of full annual premium and submission of a self-certificate of good health. Q7. Can eligible individuals who fail to join the scheme in the initial year join in subsequent years? Yes, on payment of premium through auto-debit and submission of a self-certificate of good health. New eligible entrants in future years can also join accordingly. Q8. Can individuals who leave the scheme rejoin? Individuals who exit the scheme at any point may re-join the scheme in future years by paying the annual premium and submitting a self declaration of good health.

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Q9. Who would be the Master policy holder for the scheme? Participating Banks will be the Master policy holders. A simple and subscriber friendly administration & claim settlement process shall be finalized by M/s SBI Life Insurance co.ltd Q10. When can the assurance on life of the member terminate? The assurance on the life of the member shall terminate / be restricted accordingly on any of the following events:

i. On attaining age 55 years (age near birth day), subject to annual renewal up to that date (entry, however, will not be possible beyond the age of 50 years).

ii. Closure of account with the Bank or insufficiency of balance to keep the insurance in force.

iii. In case a member is covered through more than one account and premium is received by M/s SBI Life Insurance co.ltd inadvertently, insurance cover will be restricted to Rs. 2 Lakh and the premium shall be liable to be forfeited.

Q11. What will be the role of the insurance company and the Bank? i. The scheme will be administered by M/s SBI Life Insurance co.ltd ii. It will be the responsibility of the participating bank to recover the appropriate

annual premium in one installment, as per the option, from the account holders on or before the due date through ‘auto-debit’ process and transfer the amount due to the insurance company.

iii. Enrollment form / Auto-debit authorization / Consent cum Declaration form in the prescribed proforma, as required, shall be obtained and retained by the bank. In case of claim, M/s SBI Life Insurance co.ltd may seek submission of the same. M/s SBI Life Insurance co.ltd also reserve the right to call for these documents at any point of time.

Q12. How would the premium be appropriated?

a. Insurance Premium to M/s SBI Life Insurance co.ltd: Rs.289/- per annum per member;

b. Reimbursement of Expenses to BC/Micro/Corporate/Agent : Rs.30/- per annum per member;

c. Reimbursement of Administrative expenses to participating Bank: Rs.11/- per annum per member.

Q13. Will this cover be in addition to cover under any other insurance scheme the subscriber may be covered under?

Yes.

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Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

National Skill Development Corporation (Ministry of Skill Development and Entrepreneurship,

Government of India)

2015

Table of Contents 1. Objectives ........................................................................................................................................ 1

2. Background ...................................................................................................................................... 1

3. Strategy and Approach .................................................................................................................... 2

4. Key features ..................................................................................................................................... 2

4.1 Eligible Sectors, Job Roles and target allocation ......................................................................... 2

4.1.1. Standards .............................................................................................................................. 2

4.1.2. Demand-driven targets: ........................................................................................................ 2

4.1.3. Target aligned to national flagship programmes and regions: ............................................. 3

4.2 Eligible Providers .......................................................................................................................... 3

4.3 Training Content (Improved curricula, better pedagogy and trained instructors) ..................... 3

4.4 Assessment and Certification ...................................................................................................... 3

4.5 Eligible Beneficiaries .................................................................................................................... 3

4.6 Monetary Awards ........................................................................................................................ 4

4.5.1. Reward amount ..................................................................................................................... 4

4.5.2. Direct Fund Transfer ............................................................................................................. 4

4.7 Mobilisation of candidates .......................................................................................................... 4

4.8 Mentoring support ....................................................................................................................... 5

4.9 Evaluation and Monitoring .......................................................................................................... 5

4.9.1. Enhanced monitoring: ........................................................................................................... 5

4.9.2. Evaluation:............................................................................................................................. 5

4.9.3. Grievance redressal:.............................................................................................................. 5

5. Scheme Outlay ................................................................................................................................. 5

6. Implementing agency ...................................................................................................................... 6

7. Steering Committee ......................................................................................................................... 6

8. Annexure 1 ....................................................................................................................................... 7

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1. Objectives The objective of this Scheme is to encourage skill development for youth by providing monetary rewards for successful completion of approved training programs. Specifically, the Scheme aims to:

Encourage standardization in the certification process and initiate a process of creating a registry of skills

Enable and mobilize a large number of Indian youth to take up skill training and become employable and earn their livelihood. Increase productivity of the existing workforce and align the training and certification to the needs of the country.

Provide Monetary Awards for Skill Certification to boost employability and productivity of youth by incentivizing them for skill trainings

Reward candidates undergoing skill training by authorized institutions at an average monetary reward of Rs. 8,000 (Rupees EightThousand) per candidate.

Benefit 24 lakh youth at an approximate total cost of Rs. 1,500 Crores.

2. Background Currently, only a very small proportion of India’s workforce has any formal skill training. Not

surprisingly therefore several sectors of the country’s economy face shortage of skilled people

and are mired with low productivity levels due to poor quality of workforce. At the same time,

large sections of the country’s youth are looking for economic and livelihood opportunities. In

this context, skill development has become a key priority area for the country. This is not only

essential for economic development, but would help to fulfil youth aspirations for good quality,

better paid jobs and self-employment opportunities. This would also enable the country to take

advantage of its favourable demographic profile. With a large pool of skilled people, India has an

opportunity to become a skill provider for the world, particularly the ageing developed world.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship outcome-based skill training scheme

of the new Ministry of Skill Development & Entrepreneurship (MSDE). This skill certification and

reward scheme aims to enable and mobilize a large number of Indian youth to take up skill

training and become employable and earn their livelihood. Under the scheme, monetary reward

would be provided to trainees who are successfully trained, assessed and certified in skill courses

run by affiliated training providers. This will boost the productivity of the country’s workforce by

enabling them to acquire high quality skill training across a range of sectors. It will also bring

about a paradigm shift from input-based to outcome-based skill training in the country. It also

seeks to significantly scale up skill training activities in the country and enable skill training to

happen at a fast pace without compromising quality. Institutional arrangements comprising of

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the National Skill Development Corporation (NSDC), Sector Skill Councils (SSCs), Assessing

agencies and Training Partners are already in place for implementation of the scheme.

3. Strategy and Approach i. The Scheme will provide monetary incentives for successful completion of market-

driven skill training and certification to approximately twenty four lakh youth in in a

span of one year from the date of implementation of the scheme.

ii. This Scheme shall be implemented through Public-Private and Public-Public

partnerships.

iii. NSDC will be the implementing agency for this Scheme.

iv. All trainings and certification under Recognition of Prior Learning will be specifically

oriented for developing skills in specific growth sectors.

v. Assessment and training bodies for all purposes of the Scheme will be separate and

no overlap of roles will be allowed to maintain transparency and objectivity.

vi. The monetary reward will be wholly funded by the Ministry of Skill Development and

Entrepreneurship, Government of India and will be affected through bank transfer to

the beneficiaries’ accounts. For facilitating the smooth disbursement as prescribed

under the scheme, the entire money along with the additional implementation fund

will be transferred to National Skill Development Fund for further utilization by NSDC.

vii. Definitions of terms and expansions of acronyms used in this document are listed in

Annexure 1.

4. Key features 4.1 Eligible Sectors, Job Roles and target allocation

4.1.1. Standards

Training will be done against standards (National Occupational Standards - NOS and

Qualification Packs - QPs for specific job roles) formulated by industry-driven bodies,

namely the Sector Skills Councils (SSCs).

4.1.2. Demand-driven targets:

Based on assessment of skill demand and the ‘Skill Gap Studies’, target for skill training

would be allocated to sector skill councils by NSDC in consultation with the SSCs,

States/UTs and the Central Ministries/Departments under the oversight of the Steering

Committee of PMKVY.

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4.1.3. Target aligned to national flagship programmes and regions:

Target for skill training would be aligned to the demand from the Central Government’s

flagship programmes, such as - ‘Swachh Bharat’, ‘Make in India’, ‘Digital India’, ‘National

Solar Mission’ and so on.

4.2 Eligible Providers

NSDC training partners undergo due diligence before being registered with NSDC.

Government affiliated training centres and other training partners will be approved by the

SSCs on the basis of guidelines issued by NSDC. Under PMKVY, even the government

affiliated training providers will undergo due diligence as per the process manual. Each

training partner would be responsible for its entire franchisee network and the

infrastructure of training centers. The same will be part of the monitoring process. Only

first level of franchising would be allowed but the same should be declared in advance.

4.3 Training Content (Improved curricula, better pedagogy and trained instructors)

While, the thrust would be on outcomes in terms of third party assessment/certification,

training providers to focus on improved curricula, better technology enabled pedagogy

and upgrading the capacity of instructors to enable the overall ecosystem for high quality

skill training in the country. All skill training would include soft skill training, personal

grooming, behavioural change for cleanliness, and good work ethics as a part of the

training curricula.

4.4 Assessment and Certification

Third party assessments for skill training will be done based on national (and often) global

standards. Under PMKVY, trainees with prior experience or skills and competencies will

be assessed and they will also be given monetary rewards for undergoing assessments.

This will be an important step towards recognising the skills possessed by workers working

in the informal sector and their inclusion. This will also facilitate the process of skill

upgradation and re-skilling of the existing workforce. The focus of RPL would be on those

job-roles/sectors in which it is most desired.

4.5 Eligible Beneficiaries

In line with the objectives stated above, this Scheme is applicable to any candidate of Indian

nationality who:

a) undergoes a skill development training in an eligible sector by an eligible training

provider as defined above;

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b) is certified during the span of one year from the date of launch of the scheme by

approved assessment agencies as defined above;

c) is availing of this monetary award for the first and only time during the operation of

this Scheme.

4.6 Monetary Awards

4.5.1. Reward amount

Monetary reward for various job roles within a sector varies for different as per job role

levels. This amount would be arrived at after taking various factors like cost of training,

willingness of trainees for pay and other relevant factors into consideration. Higher

incentives will be given to training in manufacturing, construction and plumbing sectors.

For Skills Training For Recognition of Prior Learning (RPL)

NSQF Levels Manufacturing,

Plumbing & Construction sectors

Other sectors Manufacturing,

Plumbing &Construction sectors

Other sectors

Level 1 &2 7,500 5,000

2,500 2,000 Level 3 & 4 10,000 7,500

Level 5 & 6 12,500 10,000

4.5.2. Direct Fund Transfer

PMKVY will follow complete transparent funding of skill training without any

intermediaries with monetary rewards directly transferred to the trainee’s bank account.

Aadhaar number will be used for unique identification of each candidate.

4.7 Mobilisation of candidates

Awareness building & mobilization activities would be carried out with the involvement

of local State and district governments as well as involve Members of Parliament in the

activities to ensure greater outreach and ownership. A ‘camp-based’ approach by

organizing ‘Kaushal Melas’ to disseminate information about various skill training options,

outline possible career paths and income generation potential once the training is

imparted would be held in every district. Efforts will be made to ensure that the coverage

of the scheme is across all the 543 constituencies in India. Skill Yatras will be explored to

take awareness to the hinterlands and include live demonstration of skills. Non-

governmental and community-based organizations would be involved in this activity to

ensure widest possible reach and create an environment for skilling in the country. This

would be supplemented with specialised and standardized branding and communication

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packages through mass media and social media. Periodic surprise checks and audits of the

mobilisation phase would be conducted to ensure its continued efficacy.

4.8 Mentoring support

A mentorship programme will be created in order to support trainees who have

successfully completed the training programme and are in the process of looking for

employment opportunities. Training providers will be responsible for identifying mentors

who will support and guide trainees in the post-training phase. These mentors will provide

career guidance and counselling for trainees once they have completed training and will

also help connect them to employment opportunities. This mentorship programme will

also facilitate the tracking of trainees in the post training phase.

4.9 Evaluation and Monitoring

4.9.1. Enhanced monitoring:

To monitor the training process, SSCs will be tasked with verifying and recording details

of all training centres on the Skill Development Management System (SDMS), and

ascertain quality of training locations and courses through certified assessors during the

time of assessments. SSCs will also be responsible for certifying the training curriculum

and for ensuring that it is aligned to QPs of job roles. In addition, SSCs will be tasked with

certifying all trainers for the Scheme. Audit checks and surprise visits to training centres

will also be conducted to ensure enhanced monitoring. Assessing process could be more

technology driven and could also be carried out in CCTV environment.

4.9.2. Evaluation:

Trainee feedback based on validated standard format verified at the time of assessment

will become the key element of the evaluation framework to assess the effectiveness and

scale up of PMKVY in future.

4.9.3. Grievance redressal:

A proper grievance redressal mechanism would be put in place. Online Citizen’s Portal

would be set up to disseminate information about PMKVY. This would also serve as a

platform for redressal of grievances. The portal would also include a complete database

of all available courses and training centres under PMKVY.

5. Scheme Outlay Following is the PMKVY outlay:

6

Average Reward Amount (Rs.)

Physical Target (Number of trainees in

lakh)

Financial target (Rs.in crore)

Fresh Trainings 8000 14 1120

RPL 2200 10 220

Sub total 1340

Awareness and mobilization (5%) 67

Incentives for supplementary mentorship and placement services (5%) 67

Administrative expenses (2%) 26

Total 24 1500

6. Implementing agency The scheme will be implemented through the National Skill Development Corporation (NSDC).

7. Steering Committee Steering Committee for PMKVY would be responsible for providing direction for implementation

of the scheme. The Steering Committee will be empowered to review the framework and make

suitable modification as and when required in the scheme. The Committee will oversee dynamic

fixation of targets for skilling, amount of monetary reward by job roles, activities related to

awareness building and trainee mobilization, mentorship support. The Steering Committee may

appoint sub-committees at national or state level (s) to assist in exercise of its functions. It is

recommended that sub-committees at the district level are also formed especially to focus on

awareness and mobilization activities, as well as for monitoring of the scheme.

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8. Annexure 1

Definitions

a) NSDC – The National Skill Development Corporation (NSDC) has been instituted to

foster private sector initiatives in skill development. It is a Private Public Partnership

(PPP) organization with representatives of Government and Industry Associations

on its Board.

b) SSCs – Sector Skill Councils (SSCs) are industry-led bodies, who would be responsible

for the defining the skilling needs, concept, processes, certification, accreditation of

their respective industry sectors. The SSCs shall prescribe the NOSs and QPs for the

job roles relevant to their industry, and shall work with the NSDA to ensure that these are in accordance with the NSQF.

c) NSQF – The National Skill Qualification Framework (NSQF), would be a descriptive

framework that organizes qualifications according to a series of levels of knowledge,

skills and aptitude. These levels are defined in terms of learning outcomes i.e., the

competencies which the learners must possess regardless of whether they were

acquired through formal, non-formal or informal education and training. It is,

therefore, a nationally integrated education and competency based skill framework

that will provide for multiple pathways both within vocational education and

vocational training and among vocational education, vocational training, general

education and technical education, thus linking one level of learning to another

higher level to enable a person to acquire desired skill levels, transit to the job market and return to skill development to further upgrade their skill sets.

d) NOSs – National Occupational Standards (NOSs) specify the standard of

performance an individual must achieve when carrying out a particular activity in

the workplace, together with the knowledge and understanding they need to meet

that standard consistently. Each NOS defines one key function in a job role. In their

essential form, NOSs describe functions, standards of performance and

knowledge/understanding.

e) QPs – A set of NOSs, aligned to a job role, called Qualification Packs (QPs), would be

available for every job role in each industry sector. These drive both the creation of

curriculum, and assessments. These job roles would be at various proficiency levels,

and aligned to the NSQF.NOSs and QPs for job roles in various industry sectors,

created by SSCs and subsequently ratified by appropriate authority, would be available online and updated from time to time.

f) SDMS – The Skill Development Management System (SDMS) has been developed and maintained by the NSDC

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RULES FOR THE PRADHAN MANTRI SURAKSHA BIMA YOJANA

DETAILS OF THE SCHEME: The scheme will be a one year cover, renewable from year to year, Accident Insurance Scheme offering accidental death and disability cover for death or disability on account of an accident. The scheme would be offered / administered through Public Sector General Insurance Companies (PSGICs) and other General Insurance companies willing to offer the product on similar terms with necessary approvals and tie up with Banks for this purpose. Participating banks will be free to engage any such insurance company for implementing the scheme for their subscribers. Scope of coverage: All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only. Aadhar would be the primary KYC for the bank account. Enrollment Modality / Period: The cover shall be for the one year period stretching from 1st June to 31st May for which option to join / pay by auto-debit from the designated savings bank account on the prescribed forms will be required to be given by 31st May of every year, extendable up to 31st August 2015 in the initial year. Initially on launch, the period for joining may be extended by Govt. of India for another three months, i.e. up to 30th of November, 2015. Joining subsequently on payment of full annual premium may be possible on specified terms. However, applicants may give an indefinite / longer option for enrolment / auto-debit, subject to continuation of the scheme with terms as may be revised on the basis of past experience. Individuals who exit the scheme at any point may re-join the scheme in future years through the above modality. New entrants into the eligible category from year to year or currently eligible individuals who did not join earlier shall be able to join in future years while the scheme is continuing. Benefits: As per the following table:

Table of Benefits Sum Insured

a. Death Rs. 2 Lakh

b. Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot

Rs. 2 Lakh

c. Total and irrecoverable loss of sight of one eye or loss of use of one hand or foot

Rs. 1 Lakh

Premium: Rs.12/- per annum per member. The premium will be deducted from the account holder’s savings bank account through ‘auto debit’ facility in one installment on or before 1st June of each annual coverage period under the scheme. However, in cases where auto debit takes place after 1st June, the cover shall commence from the first day of the month following the auto debit.

2

The premium would be reviewed based on annual claims experience. However, barring unforeseen adverse outcomes of extreme nature, efforts would be made to ensure that there is no upward revision of premium in the first three years. Eligibility Conditions: The savings bank account holders of the participating banks aged between 18 years

(completed) and 70 years (age nearer birthday) who give their consent to join / enable

auto-debit, as per the above modality, will be enrolled into the scheme.

Master Policy Holder: Participating Bank will be the Master policy holder on behalf of the participating subscribers. A simple and subscriber friendly administration & claim settlement process shall be finalized by the respective general insurance company in consultation with the participating Banks. Termination of cover: The accident cover for the member shall terminate on any of the following events and no benefit will be payable there under:

1) On attaining age 70 years (age nearest birth day).

2) Closure of account with the Bank or insufficiency of balance to keep the

insurance in force.

3) In case a member is covered through more than one account and premium is

received by the Insurance Company inadvertently, insurance cover will be

restricted to one only and the premium shall be liable to be forfeited.

4) If the insurance cover is ceased due to any technical reasons such as insufficient

balance on due date or due to any administrative issues, the same can be

reinstated on receipt of full annual premium, subject to conditions that may be

laid down. During this period, the risk cover will be suspended and reinstatement

of risk cover will be at the sole discretion of Insurance Company.

5) Participating banks will deduct the premium amount in the same month when the

auto debit option is given, preferably in May of every year, and remit the amount

due to the Insurance Company in that month itself.

Administration: The scheme, subject to the above, will be administered as per the standard procedure stipulated by the Insurance Company. The data flow process and data proforma will be provided separately. It will be the responsibility of the participating bank to recover the appropriate annual premium from the account holders within the prescribed period through ‘auto-debit’ process. Enrollment form / Auto-debit authorization in the prescribed proforma shall be obtained and retained by the participating bank. In case of claim, the Insurance Company may

3

seek submission of the same. Insurance Company reserves the right to call for these documents at any point of time. The acknowledgement slip may be made into an acknowledgement slip-cum-certificate of insurance. The experience of the scheme will be monitored on yearly basis for re-calibration etc., as may be necessary. Appropriation of Premium:

1) Insurance Premium to Insurance Company: Rs.10/- per annum per member 2) Reimbursement of Expenses to BC/Micro/Corporate/Agent : Rs.1/- per annum

per member 3) Reimbursement of Administrative expenses to participating Bank: Rs.1/- per

annum per member The proposed date of commencement of the scheme will be 1st June 2015.The next Annual renewal date shall be each successive 1st of June in subsequent years. The scheme is liable to be discontinued prior to commencement of a new future renewal date if circumstances so require. Frequently Asked Questions (FAQs) Enclosed on next page

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FAQs on PRADHAN MANTRI SURAKSHA BIMA YOJANA Q1. What is the nature of the scheme? The scheme will be a one year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to accident.

Q2. What would be the benefits under the scheme and premium payable? The benefits are as follows:

Table of Benefits Sum Insured

a. Death Rs. 2 Lakh

b. Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot

Rs. 2 Lakh

c. Total and irrecoverable loss of sight of one eye or loss of use of one hand or foot

Rs. 1 Lakh

Premium payable is Rs.12/- per annum per member.

Q3. How will the premium be paid? The premium will be deducted from the account holder’s savings bank account through ‘auto debit’ facility in one installment, as per the option to be given on enrolment. Members may also give one-time mandate for auto-debit every year till the scheme is in force, subject to re-calibration that may be deemed necessary on review of experience of the scheme from year to year.

Q4. Who will offer / administer the scheme? The scheme would be offered / administered through the Public Sector General Insurance Companies (PSGICs) and other General Insurance companies willing to offer the product with necessary approvals on similar terms, in collaboration with participating Banks. Participating banks will be free to engage any such general insurance company for implementing the scheme for their subscribers.

Q5. Who will be eligible to subscribe? All savings bank account holders in the age 18 to 70 years in participating banks will be entitled to join. In case of multiple saving bank accounts held by an individual in one or different banks, the person would be eligible to join the scheme through one savings bank account only.

Q6. What is the enrolment period and modality? Initially on launch for the cover period from 1st June 2015 to 31st May 2016 subscribers are expected to enroll and give their auto-debit option by 31st May 2015, extendable up to 31st August 2015. Enrolment subsequent to this date may be possible prospectively on payment of full annual payment, subject to conditions that may be laid down.

Subscribers who wish to continue beyond the first year will be expected to give their consent for auto-debit before each successive May 31st for successive years. Delayed renewal subsequent to this date may be possible on payment of full annual premium, subject to conditions that may be laid down.

Q7. Can eligible individuals who fail to join the scheme in the initial year join in subsequent years? Yes, on payment of premium through auto-debit. New eligible entrants in future years can also join accordingly.

5

Q8. Can individuals who leave the scheme rejoin? Individuals who exit the scheme at any point may re-join the scheme in future years by paying the annual premium, subject to conditions that may be laid down.

Q9. Who would be the Master policy holder for the scheme? Participating Banks will be the Master policy holders. A simple and subscriber friendly administration & claim settlement process shall be finalized by PSGICs / chosen insurance company in consultation with the participating bank.

Q10. When can the accident cover assurance terminate? The accident cover of the member shall terminate / be restricted accordingly on any of the following events:

i. On attaining age 70 years (age neared birth day).

ii. Closure of account with the Bank or insufficiency of balance to keep the

insurance in force.

iii. In case a member is covered through more than one account and premium is

received by the insurance company inadvertently, insurance cover will be

restricted to one account and the premium shall be liable to be forfeited.

Q11. What will be the role of the insurance company and the Bank? i. The scheme will be administered by PSGICs or any other General Insurance

company which is willing to offer such a product in partnership with a bank / banks.

ii. It will be the responsibility of the participating bank to recover the appropriate annual premium in one installment, as per the option, from the account holders on or before the due date through ‘auto-debit’ process and transfer the amount due to the insurance company.

iii. Enrollment form / Auto-debit authorization / Consent cum Declaration form in the prescribed proforma shall be obtained, as required, and retained by the participating bank. In case of claim, PSGIC / insurance company may seek submission of the same. PSGIC / Insurance Company also reserve the right to call for these documents at any point of time.

Q12. How would the premium be appropriated?

a. Insurance Premium to PSGIC / other insurance company: Rs.10/- per annum per member;

b. Reimbursement of Expenses to BC/Micro/Corporate/Agent : Rs.1/- per annum per member;

c. Reimbursement of Administrative expenses to participating Bank: Rs.1/- per annum per member.

Q13. Will this cover be in addition to cover under any other insurance scheme

the subscriber may be covered under?

Yes.

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Pradhan Mantri Kaushal Vikas Yojana

(PMKVY) Pradhan Mantri Kaushal Vikas Yojana (PMKVY) isthe flagship outcome-based skill

training scheme of the new Ministry of Skill Development & Entrepreneurship (MSDE).

The objective of this skill certification and reward scheme is to enable and mobilize a

large number of Indian youth to take up outcome based skill training and become

employable and earn their livelihood.Under the scheme, monetary reward would be

provided to trainees who are successfully trained, assessed and certified in skill courses

run by affiliated training providers.

Key features of the PMKVY are:

a. Standards- Training will be done against standards (National Occupational Standards - NOS and Qualification Packs - QPs for specific job roles) formulated by industry-driven bodies, namely the Sector Skills Councils (SSCs). Third party assessments for skill

training will be done based on national (and often) global standards.

b. Direct Fund Transfer- It will have complete transparent funding of skill training

without any intermediaries with monetary rewards directly transferred to the trainees bank account. It will ensure financial inclusion with a provision of unique multi-wallet facility linked to debit card and accidental insurance. Aadhaar number will be used for

unique identification of each candidate.

c. Demand-driven targets: Based on assessment of skill demand and the Skill Gap

Studies, target for skill training would be allocated to training providers by job-role and by district/city to the extent possible, by NSDC in consultation with the SSCs, States/UTs and the Central Ministries/Departments under the oversight of the Steering

Committee of PMKVY.

d. Target aligned to national flagship programmes and regions: Target for skill

training would be aligned to the demand from the Central Governments flagship programmes, such as - Swachh Bharat, Make in India, Digital India, National Solar Mission and so on.

e. Supply side perspective in target fixation: Skill training under PMKVY would

essentially target drop out students after class 10 and class 12 and hence these

numbers will be taken into consideration while deciding state / district wise targets. There will be special focus on youth in regions affected by left-wing extremists and from North Eastern States and J&K.

f. Recognition of prior learning (RPL): Under PMKVY, trainees with prior experience or

skills and competencies will be assessed and they will also be given monetary rewards for undergoing assessments. This will be an important step towards recognising the skills possessed by workers working in the informal sector and their inclusion. This will

also facilitate the process of skill upgradation and re-skilling of the existing workforce. The focus of RPL would be on those job-roles/sectors in which it is most desired and it will be accompanied with a strong advocacy campaign to promote a paradigm shift in

the labour market to make skill training to standards aspirational.

g. Variable amount of monetary reward: Monetary reward for various job roles within a sector would also vary. This amount would be arrived at after taking various factors

like cost of training, willingness of trainees for pay and other relevant factors into consideration. Higher incentives will be given to training in manufacturing, construction and plumbing sectors.

h. Robust regime for registration of training providers: NSDC training partners

undergo due diligence before being registered with NSDC. Government affiliated

training centres and other training partners will be approved by the SSCs on the basis of guidelines issued by NSDC. Under PMKVY, even the government affiliated training providers will undergo due diligence as per the process manual. Each training partner

would be responsible for its entire franchisee network and the infrastructure of training centers. The same will be part of the monitoring process. Only first level of franchising would be allowed but the same should be declared in advance and validated on the

basis of random sampling as per guidelines in the process manual.

i. Focussed awareness building and mobilisation activities: Awareness building &

mobilization activities would be carried out with the involvement of local State and district governments as well as involve Members of Parliament in the activities to ensure greater outreach and ownership. A camp-based approach by organizing Kaushal

Melas to disseminate information about various skill training options, outline possible career paths and income generation potential once the training is imparted would be

held in every district. Efforts will be made to ensure that the coverage of the scheme is across all the 543 constituencies in India. Skill Yatras through bus journeys will be explored to take awareness to the hinterlands and include live demonstration of skills in

the buses. Non-governmental and community-based organizations would be involved in this activity to ensure widest possible reach and create an environment for skilling in the country. This would be supplemented with specialised and standardized branding

and communication packages through mass media and social media. Periodic surprise checks and audits of the mobilisation phase would be conducted to ensure its continued efficacy.

j. Improved curricula, better pedagogy and trained instructors: While, the thrust

would be on outcomes in terms of third party assessment/certification, but support for

improved curricula, better technology enabled pedagogy and upgrading the capacity of instructors would enable improving the overall ecosystem for high quality skill training in the country. All skill training would include soft skill training, personal grooming,

behavioural change for cleanliness, and good work ethics as a part of the training curricula.

k. Enhanced monitoring: To monitor the training process, SSCs will be tasked with verifying and recording details of all training centres on the Skill Development Management System (SDMS), and ascertain quality of training locations and courses

through certified assessors during the time of assessments. Possibility of putting in place a system of bio-metric attendance and sample video recording would be explored. SSCs will also be responsible for certifying the training curriculum and for ensuring that

it is aligned to QPs of job roles. In addition, SSCs will be tasked with certifying all trainers for the Scheme. Audit checks and surprise visits to training centres will also be conducted to ensure enhanced monitoring. Assessing process could be more technology

driven and could also be carried out in CCTV environment.

l. Mentorship support: A mentorship programme will be created in order to support

trainees who have successfully completed the training programme and are in the process of looking for employment opportunities. Training providers will be responsible for identifying mentors who will support and guide trainees in the post-training phase.

These mentors will provide career guidance and counselling for trainees once they have completed training and will also help connect them to employment opportunities. This mentorship programme will also facilitate the tracking of trainees in the post training

phase.

m. Evaluation: Trainee feedback based on validated standard format obtained at the time

of assessment will become the key element of the evaluation framework to assess the effectiveness and scale up of PMKVY in future.

n. Grievance redressal: A proper grievance redressal mechanism would be put in place. Online Citizens Portal would be set up to disseminate information about PMKVY. This would also serve as a platform for redressal of grievances. The portal would also include

a complete database of all available courses and training centres under PMKVY.

The scheme will be implemented through the National Skill Development Corporation

(NSDC).

7/19/2015 Rashtriya Avishkar Abhiyan (RAA) Launched by Dr. A. P. J. Abdul Kalam

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09-July-2015 18:55 IST

Press Information Bureau

Government of India

Ministry of Human Resource Development

Rashtriya Avishkar Abhiyan (RAA) Launched by Dr. A. P. J. Abdul Kalam

Rashtriya Avishkar Abhiyan (RAA) Seeks to Develop Scientific Temper Among School Children

Dr. A.P.J Abdul Kalam, former President of India launched the Rashtriya Avishkar Abhiyan (RAA) today in New Delhi. Whilelaunching the Abhiyan, Dr. Abdul Kalam focused on developing the spirit of innovation and experimentation among students. Hefurther laid stress on four qualities of uniqueness: Great Aim, Quest of Knowledge, Hard Work, and Perseverance. Emphasising the

value of learning he added “we learn to live, we learn to think and we learn to learn”. He concluded his speech by stressing uponattaching highest value to Science.

Rashtriya Avishkar Abhiyan is a unique concept developed by the Ministry of Human Resource Development that aims to inculcate a

spirit of inquiry, creativity and love for Science and Mathematics in school children.

Smt. Smriti Irani, Union Minister for Human Resource Development addressed the gathering through video conferencing andhighlighted the fact that RAA is an initiative by Ministry of HRD to encourage students to learn sciences beyond the classrooms. It is

an effort to take forward the Prime Minister’s vision of Digital India, ‘Make in India’ and ‘Teach in India’. She also emphasised the

fact that more and more women should be encouraged to participate in the field of science and technologies. She talked of efforts

made by INTEL for nurturing scientific temper among girl students. She also mentioned Google India’s initiative of Code to Learn

Contest which will enable students to learn in the Google campus and announced that Phase II of RAA will be launched in January,2016 for higher education under which model science labs will be established in all districts of the North Eastern States.

Under Rashtriya Avishkar Abhiyan, government schools will be mentored by Institutes like IITs/ IIMs/ IISERs and other Central

Universities and reputed organisations through innovative programmes, student exchanges, demonstrations, student visits, etc to

develop a natural sense of passion towards learning of Science and Maths.

The launch event also saw some exhilarating moments with a laser show on science and maths which enthralled the audience.

Two students, Ms. Jaya and Mr. Arsh winners of Initiative for Research and Innovation (IRIS) Award, 2014 & 2015, shared theirinnovative projects and their journey through the wondrous world of science.

A play presented by students of Dr. Bhimrao Ambedkar University, Lucknow spread the message of how science is woven in everyaspect of life and is not limited to classrooms.

The audience also got to hear and interact with scientists like Dr. Tessy Thomas, Project Director AGNI IV and Smt. Nandani

Harinath, Deputy Operations Director, Mars Orbiter Mission.

A Science exhibition showcasing some innovative models from school children which have been represented at various national and

international forums was also organised at the venue.

The event was also attended by Dr. Harsh Vardhan, Union Minister for Science and Technology & Earth Sciences; Dr. JitendraSingh, Minister of State (Independent Charge) Development of North-Eastern Region; Prof. Ram Shankar Katheria, Minister ofState (Higher Education), Ministry of Human Resource Development; Shri Vinay Sheel Oberoi, Secretary, Higher Education and Dr.

Subhash Chand Khuntia, Secretary, School Education and Literacy. Thousands of school children, senior policy makers and headsof higher education institutions and scientists were also present at event.

******

7/19/2015 Rashtriya Avishkar Abhiyan (RAA) Launched by Dr. A. P. J. Abdul Kalam

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GG/DS/RK/RAA

7/19/2015 Sagarmala: Concept and implementation towards Blue Revolution

http://pib.nic.in/newsite/PrintRelease.aspx?relid=117691 1/3

25-March-2015 20:19 IST

Press Information Bureau

Government of India

Cabinet

Sagarmala: Concept and implementation towards Blue Revolution

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its ‘in-principle’ approval for the concept andinstitutional framework of Sagarmala Project.

The prime objective of the Sagarmala project is to promote port-led direct and indirect development and to provide infrastructure totransport goods to and from ports quickly, efficiently and cost-effectively. Therefore, the Sagarmala Project shall, inter alia, aim to

develop access to new development regions with intermodal solutions and promotion of the optimum modal split, enhancedconnectivity with main economic centres and beyond through expansion of rail, inland water, coastal and road services.

The Sagarmala initiative will address challenges by focusing on three pillars of development, namely (i) Supporting and enabling Port-

led Development through appropriate policy and institutional interventions and providing for an institutional framework for ensuringinter-agency and ministries/departments/states’ collaboration for integrated development, (ii) Port Infrastructure Enhancement,

including modernization and setting up of new ports, and (iii) Efficient Evacuation to and from hinterland.

The Sagarmala Project therefore intends to achieve the broad objectives of enhancing the capacity of major and non-major ports and

modernizing them to make them efficient, thereby enabling them to become drivers of port-led economic development, optimizing the

use of existing and future transport assets and developing new lines/linkages for transport (including roads, rail, inland waterways and

coastal routes), setting up of logistics hubs, and establishment of industries and manufacturing centres to be served by ports in EXIMand domestic trade. In addition to strengthening port and evacuation infrastructure, it also aims at simplifying procedures used at ports

for cargo movement and promotes usage of electronic channels for information exchange leading to quick, efficient, hassle-free and

seamless cargo movement.

For a comprehensive and integrated planning for “Sagarmala”, a National Perspective Plan (NPP) for the entire coastline shall beprepared within six months which will identify potential geographical regions to be called Coastal Economic Zones (CEZs). While

preparing the NPP, synergy and integration with planned Industrial Corridors, Dedicated Freight Corridors, National Highway

Development Programme, Industrial Clusters and SEZs would be ensured. Detailed Master Plans will be prepared for identified

Coastal Economic Zones leading to identification of projects and preparation of their detailed project reports.

In order to have effective mechanism at the state level for coordinating and facilitating Sagarmala related projects, the State

Governments will be suggested to set up State Sagarmala Committee to be headed by Chief Minister/Minister in Charge of Portswith members from relevant Departments and agencies. The state level Committee will also take up matters on priority as decided in

the NSAC. At the state level, the State Maritime Boards/State Port Departments shall service the State Sagarmala Committee andalso be, inter alia, responsible for coordination and implementation of individual projects, including through SPVs (as may be

necessary) and oversight. The development of each Coastal economic zone shall be done through individual projects and supportingactivities that will be undertaken by the State Government, Central line Ministries and SPVs to be formed by the State Governmentsat the state level or by SDC and ports, as may be necessary.

Sagarmala Coordination and Steering Committee (SCSC) shall be constituted under the chairmanship of the Cabinet Secretary with

Secretaries of the Ministries of Shipping, Road Transport and Highways, Tourism, Defence, Home Affairs, Environment, Forest &Climate Change, Departments of Revenue, Expenditure, Industrial Policy and Promotion, Chairman, Railway Board and CEO, NITIAayog as members. This Committee will provide coordination between various ministries, state governments and agencies connected

with implementation and review the progress of implementation of the National Perspective Plan, Detailed Master Plans and projects.It will, inter alia, consider issues relating to funding of projects and their implementation. This Committee will also examine financing

options available for the funding of projects, the possibility of public-private partnership in project financing/construction/ operation.

Improvement of operational efficiency of existing ports, which is an objective of the Sagarmala initiative, shall be done by undertaking

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business process re-engineering to simplify processes and procedures in addition to modernizing and upgrading the existing

infrastructure and improved mechanisation. Increased use of information technology and automation to ensure paperless and seamlesstransactions will be an important area for intervention. Under the Sagarmala Project, the use of coastal shipping and IWT are

proposed to be enhanced through a mix of infrastructure enhancement and policy initiatives.

The Sagarmala initiative would also strive to ensure sustainable development of the population living in the Coastal Economic Zone

(CEZ). This would be done by synergising and coordinating with State Governments and line Ministries of Central Governmentthrough their existing schemes and programmes such as those related to community and rural development, tribal development and

employment generation, fisheries, skill development, tourism promotion etc. In order to provide funding for such projects andactivities that may be covered by departmental schemes a separate fund by the name ‘Community Development Fund’ would becreated.

The Institutional Framework for implementing Sagarmala has to provide for a coordinating role for the Central Government. It should

provide a platform for central, state governments and local authorities to work in tandem and coordination under the establishedprinciples of “cooperative federalism”, in order to achieve the objectives of the Sagarmala Project and ensure port-led development.

A National Sagarmala Apex Committee (NSAC) is envisaged for overall policy guidance and high level coordination, and to reviewvarious aspects of planning and implementation of the plan and projects. The NSAC shall be chaired by the Minister incharge of

Shipping, with Cabinet Ministers from stakeholder Ministries and Chief Ministers/Ministers incharge of ports of maritime states asmembers. This committee, while providing policy direction and guidance for the initiative’s implementation, shall approve the overallNational Perspective Plan (NPP) and review the progress of implementation of these plans.

At the Central level, Sagarmala Development Company (SDC) will be set up under the Companies Act, 1956 to assist the Statelevel/zone level Special Purpose Vehicles (SPVs), as well as SPVs to be set up by the ports, with equity support for implementation

of projects to be undertaken by them. The SDC shall also get the Detailed Master Plans for individual zones prepared within a two

year period. The business plan of the SDC shall be finalised within a period of six months. The SDC will provide a funding windowand/or implement only those residual projects that cannot be funded by any other means/mode.

In order to kick start the implementation of projects it is proposed to take up identified projects covered in the concept of Sagarmalafor implementation forthwith. These identified projects for implementation in the initial phase will be based on the available data and

feasibility study reports and the preparedness, willingness and interest shown by the State Governments and Central Ministries to take

up projects.

All efforts would be made to implement those projects through the private sector and through Public Private Participation (PPP)

wherever feasible. Funds requirement for starting the implementation of projects in the initial phase of Sagarmala Project is projected

at Rs. 692 crores for the FY 2015-16. Further requirement of funds will be finalized after completion of Detailed Master Plan forCoastal Economic Zones for future years. These funds will be used for implementation of projects by line ministries in accordance

with approvals by the SCSC.

Background:

Presently, Indian ports handle more than 90 percent of India’s total EXIM trade volume. However, the current proportion of

merchandize trade in Gross Domestic Product (GDP) of India is only 42 percent, whereas for some developed countries and regionsin the world such as Germany and European Union, it is 75 percent and 70 percent respectively. Therefore, there is a great scope to

increase the share of merchandising trade in India’s GDP. With the Union Government’s “Make in India” initiative, the share of

merchandise trade in India’s GDP is expected to increase and approach levels achieved in developed countries. India lags far behindin ports and logistics infrastructure. Against a share of 9 percent of railways and 6 percent of roads in the GDP the share of ports is

only 1 percent. In addition high logistics costs make Indian exports uncompetitive. Therefore Sagarmala project has been envisioned

to provide ports and the shipping the rightful place in the Indian economy and to enable port-led development.

Amongst Indian States, Gujarat has been a pioneer in adopting the strategy of port-led development, with significant results. While in

the 1980’s the state grew at only 5.08 percent per year (National average was 5.47 percent), this accelerated to 8.15 percent per

annum in the 1990’s (All India average 6.98 percent) and subsequently to more than 10 percent per annum, substantially benefitting

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from the port-led development model.

The growth of India’s maritime sector is constrained due to many developmental, procedural and policy related challenges namely,

involvement of multiple agencies in development of infrastructure to promote industrialization, trade, tourism and transportation;

presence of a dual institutional structure that has led to development of major and non-major ports as separate, unconnected entities;

lack of requisite infrastructure for evacuation from major and non-major ports leading to sub-optimal transport modal mix; limitedhinterland linkages that increases the cost of transportation and cargo movement; limited development of centres for manufacturing

and urban and economic activities in the hinterland; low penetration of coastal and inland shipping in India, limited mechanization and

procedural bottlenecks and lack of scale, deep draft and other facilities at various ports in India.

An illustrative list of the kind of development projects that could be undertaken in Sagarmala initiative are (i) Port-led industrialization

(ii) Port based urbanization (iii) Port based and coastal tourism and recreational activities (iv) Short-sea shipping coastal shipping andInland Waterways Transportation (v) Ship building, ship repair and ship recycling (vi) Logistics parks, warehousing, maritime

zones/services (vii) Integration with hinterland hubs (viii) Offshore storage, drilling platforms (ix) Specialization of ports in certain

economic activities such as energy, containers, chemicals, coal, agro products, etc. (x) Offshore Renewable Energy Projects with

base ports for installations (xi) Modernizing the existing ports and development of new ports. This strategy incorporates both aspectsof port-led development viz. port-led direct development and port-led indirect development.

***

AKT/SH/SK

Sukanya Samridhi Yojana

- Money saving Scheme to help in the girls education and marriage and is a part of BETI PADHAO

BETI BACHAO

- 9.1% interest on savings bank and is the highest which can be revised

- Non taxable interest and income tax rebate can be availed

- Account will mature at 21 years from the date of opening but deposits will only be made for 14

years i.e. no deposits from 15 to 21st year

- Account can be opened by girls biological parents or legal guardians

- Account on post office or public bank but NO PRIVATE BANK

- Only accounts for two girls with one account each

- Minimum deposit of Rs 1000 per year and max is 1.5 Lakhs

- If minimum amount is not deposited then penalty of Rs 50 is levied

- Account is transferrable

- At age of 10 years the girl can operate her account

- The girl can withdraw 50% of the amount at the age of 18 for her education or marriage.

- Girl can’t operate account beyond marriage.

NEW DELHI: The Narendra Modi government is preparing to replace one of its predecessor UPA's

flagship programmes soon after the prime minister returns from his overseas trip. The Jawaharlal Nehru

National Urban Renewal Mission (JNNURM) will make way for a new mission aimed at upgrading

infrastructure in cities.

The new mission has received the nod from the expenditure finance committee (EFC) and the Cabinet

note has been circulated, officials told ET, adding that the states will have to rely mainly on their

resources under the proposed model since the Centre has kept its funding commitment minimal.

"The new urban development mission will work on the model of devolution of powers to the states,

which has been the Modi government's mantra," a senior official said, requesting not to be named. "It

will emphasise on partnership with the states, with the nodal central ministry ideating and planning," he

added. The mission, involving projects related to sanitation, drinking water, urban transportation and

sewerage, will be separate from the Centre's other urban development initiatives such as Swachh Bharat

Mission, Smart City scheme and programme to develop 500 cities.

The Centre will follow a strict incentive-based approach and release funds under the new mission only if

the states meet the targets set for the projects. The states will also have to undertake certain reforms in

order to be eligible for projects under this mission, another official said. Although the Modi government

had earlier thought of renaming JNNURM after veteran BJP leader and former Prime Minister Atal Bihari

Vajpayee, the urban development ministry, which is the nodal ministry for the urban renewal mission,

has not proposed any name for the new mission.

"This decision is a political call. We have not proposed any name. This decision will be taken in the

Cabinet when it discusses the new mission," said a senior ministry official.

A very big question before the mission is whether to fund the incomplete projects under JNNURM. Of

the 1,406 projects sanctioned between 2007 and 2012 under JNNURM, 693 are incomplete. The

programme had started floundering towards the end of the Congress-led UPA's term, with land

acquisition, non-availability of contractors and re-tendering issues plaguing the projects. If the Modi

government were to fund all the projects till completion, it will have to fork out a whopping `7,871 cr.

However, the government is not prepared for such commitment, officials said, adding that a formula has

been worked out as per which the Centre is likely to fund those projects which have achieved at least

threefourths physical progress.

"The government was earlier thinking of completely withdrawing from JNNURM projects. But the states

gave us representations during interactions, urging that we could not ignore these ongoing projects. So

the formula has been worked out," said the official.

The PAHAL (DBTL) scheme was earlier launched on 1st June 2013 and finally covered 291 districts. It

required the consumer to mandatorily have an Aadhaar number for availing LPG Subsidy. The

government has comprehensively reviewed the scheme and after examining the difficulties faced by the

consumer substantively modified the scheme prior to launch. The modified scheme has been re-

launched in 54 districts on 15.11.2014 in the 1st Phase and to be launched in rest of the country on

1.1.2015. The modified scheme is given as under:

Options to receive LPG subsidy

Under the modified scheme, the LPG consumer can now receive subsidy in his bank account by

two methods. Such a consumer will be called CTC (Cash Transfer Compliant) once he joins the

scheme and is ready to receive subsidy in the bank account. The two options are:

o Option I (Primary): Wherever Aadhaar number is available it will remain the medium of

cash transfer. Thus, an LPG consumer who has an Aadhaar Number has to link it to the

bank account number and to the LPG consumer number.

o Option II (Secondary): If LPG consumer does not have an Aadhaar number, then he can

directly receive subsidy in his bank account without the use of Aadhaar number. This

option which has now been introduced in the modified scheme ensures that LPG

subsidy is not denied to an LPG consumer on account of lack of Aadhaar number. In this

option,

Either consumer can

Present bank account information (bank account holder name /account number

/IFSC code) to the LPG distributor for capture in LPG database

OR

Present LPG consumer information (17 digit LPG consumer ID) to his bank

LPG Consumers who are already CTC prior to launch on PAHAL (DBTL)

Domestic LPG Consumer who had already joined the earlier PAHAL (DBTL) scheme by linking

their Aadhaar to bank and LPG database don’t need to take fresh action for receiving subsidy as

the subsidy will be transferred to their bank accounts via Aadhaar based on the previous

seeding. Such CTC consumers cannot exercise Option II above.

Pricing under PAHAL (DBTL)

In the PAHAL (DBTL) district(s), domestic LPG cylinders will be sold to CTC domestic LPG

consumers at Market Determined Price (does not include subsidy) from the date of launch of

the scheme.

Amount transferred to consumer

The total cash applicable on LPG cylinder will then be transferred to the CTC consumer for each

subsidized cylinder delivered (up to the cap) as per his entitlement.

Grace Period

Non-CTC consumers will be allowed 3 months from the date of launch of PAHAL (DBTL) to

become CTC. During this period such consumers will receive their entitlement of subsidized

cylinders at the then applicable subsidized retail selling price.

Parking Period

o After the grace period of 3 months, all non-CTC LPG consumers will get an additional 3

monthParking Period, during which the sale will happen at Market Determined Price for

all LPG consumers.

o But for non-CTC consumers the total cash on the sale made to such consumers (as per

their entitlement) shall be held back with the respective OMC to be transferred to the

LPG consumers’ bank account in case consumer becomes CTC anytime during the

Parking Period.

o In case consumer does not become CTC during this Parking Period, the parked funds will

lapse and consumer shall become ineligible to receive the parked funds and sale will

continue at market determined price till consumer becomes CTC.

After the expiry of the Grace Period of 3 months, and thereafter an additional Parking Period of 3

months, all non-CTC consumers will receive cylinders at marker determined price and will not be

entitled to total cash until they become CTC. When non-CTC consumers become CTC beyond the parking

period they will be eligible to get one time permanent advance and total cash entitlement on balance

subsidized cylinders in that financial year.

Permanent Advance

o A one-time Advance will be provided to every CTC consumer joining PAHAL (DBTL).

o The Advance will be notified, from time to time and will remain fixed for a financial year.

o It will remain with the consumer till the time of termination of connection, when it will

be finally adjusted.

o LPG consumers who were provided permanent advance on a previous scale will not be

eligible for any differential payment on account of the revision in the permanent

advance.