Rashtrapati Bhavan, Mughal Gardens and Rashtrapati Bhavan Museum Complex to remain close for public viewing from January 20 to 28

Change of guard ceremony not to be held on January 21 and 28

Rashtrapati Bhavan, Mughal Gardens and Rashtrapati Bhavan Museum Complex will remain closed for public viewing from January 20 to 28, 2017 due to rehearsals for the forthcoming Republic Day Parade/Beating Retreat Ceremony and address by the President to both Houses of Parliament.  The Change of Guard Ceremony will also not take place on January 21 and 28, 2017.


Courtesy: pib.nic.in

Cabinet approves amendment in Modified Special Incentive Package Scheme

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for amendment in the Modified Special Incentive Package Scheme (M-SIPS) to further incentivize investments in Electronic Sector and moving towards the goal of ‘ Net Zero imports’ in electronics by 2020.

Besides expediting investments into the Electronics System Design and Manufacturing (ESDM) sector in India, the amendments in M-SIPS are expected to create employment opportunities and reduce dependence on imports. The projects already received under the scheme have the potential to generate employment to the extent of upto one million persons (direct and indirect).

The Policy covers all States and Districts and provides them an opportunity to attract investments in electronics manufacturing. So far, 243 applications have been received under the scheme, out of which 75 applications have been approved involving investment proposals of Rs. 17,997 crore.

The salient features of the amendment are:

a) The applications will be received under the scheme upto 31st December 2018 or till such time that an incentive commitment of Rs 10,000 crore is reached, whichever is earlier. In case the incentive commitment of Rs 10,000 crore is reached, a review will be held to decide further financial commitments.

b) For new approvals, the incentive under the scheme will be available from the date of approval of a project and not from the date of receipt of application.

c) The incentives will be available for investments made within 5 years from the date of approval of the project.

d) Approvals will normally be accorded to eligible applications within 120 days of submission of the complete application.

e) A unit receiving incentives under the scheme, will provide an undertaking to remain in commercial production for a period of at least 3 years.

f) The Appraisal Committee recommending approval of project will be chaired by Secretary, Ministry of Electronics and IT.

g) A separate Committee headed by Cabinet Secretary and comprising of CEO, NITI Aayog, Secretary Expenditure and Secretary, MeitY will be set up in respect of mega projects, envisaging more than Rs. 6850 crore (approx. USD 1 Billion) investments.


Background
The Cabinet had, in July, 2012 approved the M-SIPS to provide a special incentive package to promote large scale manufacturing in the Electronic System Design and Manufacturing (ESDM) sector. The scheme provides subsidy for capital expenditure - 20% for investments in Special Economic Zones (SEZs) and 25% in non-SEZs. The Scheme was amended in August, 2015 for scope enhancement and simplification of procedure. The Scheme has attracted investments in the ESDM sector to the tune of Rs. 1,26,838 crore, of which investments of around Rs. 17,997 crore have been approved by the MeitY. The M-SIPS has been able to create positive impact on investment in electronics sector.



Courtesy: pib.nic.in

Cabinet approves Alternative Mechanism to decide on the quantum of disinvestment in case of minority stake sale in CPSEs

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval to Alternative Mechanism, who would decide on the quantum of disinvestment in a particular Central Public Sector Undertaking (CPSE) on a case by case basis subject to Government retaining 51 percent equity and management control. This is in addition to the present functions performed by Alternative Mechanism as has been approved by CCEA in August, 2014.
This would reduce speculation and overhang and expedite the disinvestment process.


Courtesy: pib.nic.in

Cabinet approves the Establishment of Indian Agricultural Research Institute, Jharkhand

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the 12th Plan Proposal of the DARE/ICAR Plan Scheme of the 'Establishment of Indian Agricultural Research Institute (lARI)-Jharkhand'. It will have an estimated outlay of Rs. 200.78 crores (100% ICAR share) on 1,000 acre land provided by the Government of Jharkhand at the Gauria Karma Village in Barhi Block of Hazaribag. 

lARI-Jharkhand would be a unique Institution, which would possess all the hallmark identities as that of IARI at New Delhi including all sectors of agriculture like field crops, horticultural crops, agro-forestry, animal husbandry, fisheries, poultry, piggery, silk and lac rearing, honey production etc.

IARI-Jharkhand would work on the agrarian challenges and complexities of eastern India with all existing Central and State Government R&D institutions and Private sector enterprises. It will undertake research, education, extension programmes in its mission towards developing quality human resource, generation of farmer friendly technologies to enhance productivity, quality and profitability. It will also promote agro-based industries and generate employment opportunities for holistic and sustainable development of the agriculture sector in the eastern region. It will be an off-campus of IARI, New Delhi and integrated multi-disciplinary research would be undertaken in School mode, i.e. Schools of Crop Sciences, Natural Resource Management, and Animal Sciences.



Courtesy: pib.nic.in

Government envisions to establish Janaushadhi Kendras in every Block and Gram Panchayat: Shri Ananth Kumar

MoU signed to establish 1000 Janaushadhi Kendras across the Country
Union Minister for Chemicals & Fertilizers and Parliamentary Affairs, Shri Ananth Kumar presided over the signing of Memorandum of Understanding (MoUbetween the Bureau of Pharma PSUs of India (BPPIand National Yuva Cooperative Society Ltd. (NYCS) here today, with the objective to setup 1000 Pradhan Mantri Bhartiya Janaushadhi Kendras in both urban and rural places of the country, as a part of "Mission 3000"kendras by March 2017Shri Mansukh LMandaviya, Minister of State for Road Transport & Highways, Shipping, Chemicals & Fertilizers, was also present on the occasion.

Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), an initiative of the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India, is a mission to make quality medicines accessible to all citizens of the country at affordable pricesThe BPPI is the nodal implementation agency for the PMBJP Scheme.

Speaking on the progress of PMBJP, Shri Ananth Kumar said that the number of Janaushadhi Kendras have seen a drastic seven-fold jump in the last two and half years to over 750 currently. Further, around 20,000 applications have already been received and over 5,000 have been accorded in-principle approval for setting up of Janaushadhi Kendras in the country. Government envisions to establish Jansaushadhi kendras in every block & gram panchayat across the country, he added.

Shri Kumar reiterated Prime Minister Shri Narendra Modi’s vision to provide ‘Swasthya Suraksha’, by making affordable quality medicines accessible to every citizen of the country. This government is working to promote the indigenous generic drug industry and make it globally competitive. The Minister added that the PMBJP is a step in this direction which would, on one hand, drastically reduce the out of pocket health expenditure for the common man and give an impetus to the Make in India mission in the pharma sector.

Addressing the gathering, Shri Mandaviya said that the Government is actively pursuing the goal of ‘Affordable Medicines for All’ through the PMBJP, under which currently there are over 750 stores with a portfolio containing 600 drugs and 154 surgicals & consumables. He added that by joining hands with NYCS, the energy of the youth of the country would be channelized in achieving this goal.

There is an active financial support extended by the government to the extent of Rs2.5 lakh in the form of financial assistance to the kendras setup in Government hospitals and incentives to individuals, with special and softer terms to SC, ST and differently-abled persons.

Other dignitaries present during the event were Shri Jai Priye Prakash, Secretary, Department of Pharmaceuticals, Shri Biplab Chatterjee, CEO, BPPI, Shri Rajesh Pande, President, NYCS along with other senior officers of the Ministry.


Courtesy: pib.nic.in

Cabinet approves amendment in Modified Special Incentive Package Scheme

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for amendment in the Modified Special Incentive Package Scheme (M-SIPS) to further incentivize investments in Electronic Sector and moving towards the goal of ‘ Net Zero imports’ in electronics by 2020.

Besides expediting investments into the Electronics System Design and Manufacturing (ESDM) sector in India, the amendments in M-SIPS are expected to create employment opportunities and reduce dependence on imports. The projects already received under the scheme have the potential to generate employment to the extent of upto one million persons (direct and indirect).

The Policy covers all States and Districts and provides them an opportunity to attract investments in electronics manufacturing. So far, 243 applications have been received under the scheme, out of which 75 applications have been approved involving investment proposals of Rs. 17,997 crore.


The salient features of the amendment are:

a) The applications will be received under the scheme upto 31st December 2018 or till such time that an incentive commitment of Rs 10,000 crore is reached, whichever is earlier. In case the incentive commitment of Rs 10,000 crore is reached, a review will be held to decide further financial commitments.

b) For new approvals, the incentive under the scheme will be available from the date of approval of a project and not from the date of receipt of application.

c) The incentives will be available for investments made within 5 years from the date of approval of the project.

d) Approvals will normally be accorded to eligible applications within 120 days of submission of the complete application.

e) A unit receiving incentives under the scheme, will provide an undertaking to remain in commercial production for a period of at least 3 years.

f) The Appraisal Committee recommending approval of project will be chaired by Secretary, Ministry of Electronics and IT.

g) A separate Committee headed by Cabinet Secretary and comprising of CEO, NITI Aayog, Secretary Expenditure and Secretary, MeitY will be set up in respect of mega projects, envisaging more than Rs. 6850 crore (approx. USD 1 Billion) investments.


Background
The Cabinet had, in July, 2012 approved the M-SIPS to provide a special incentive package to promote large scale manufacturing in the Electronic System Design and Manufacturing (ESDM) sector. The scheme provides subsidy for capital expenditure - 20% for investments in Special Economic Zones (SEZs) and 25% in non-SEZs. The Scheme was amended in August, 2015 for scope enhancement and simplification of procedure. The Scheme has attracted investments in the ESDM sector to the tune of Rs. 1,26,838 crore, of which investments of around Rs. 17,997 crore have been approved by the MeitY. The M-SIPS has been able to create positive impact on investment in electronics sector.



Courtesy: pib.nic.in

Festival of India to be Organized in the Netherlands from 26 January-27 March, 2017

A Festival of India is being organized in the Netherlands from 26 January – 27 March 2017. The Festival will showcase diverse Indian culture, i.e. classical and folk dances, music, and exhibition on handmade ethnically sourced silk clothes and accessories. The events will be held in the cities of The Hague, Amsterdam, Rotterdam/Maastricht, Utrecht, Eindhoven and Groningen. 

During the Festival, the following events will be showcased: 

- 13-member Kathak Dance by Aditi Mangaldas Kathak Dance Group ; 

- 15-member Bhojpuri Folk Dance from North Zone Cultural Centre ; 

- 4-member Classical Instrumental Music Group of Subhash Ghosh ; 

- 3-member Exhibition-cum-Demonstration on Handmade ethnically sourced silk clothes and accessories by Dr. Sanjay Kumar, Director, Sewa Bharat ; and 

- 10-member Bhartnatyam Dance by Dr Sanddhya V. Pureccha. 



Courtesy: pib.nic.in