March 2022 | Page 31 of 46

India and World Bank sign $125 Million Loan for Social Protection Services

Govt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal. West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla. West Bengal Building State Capability for […]

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Cabinet Approves formation of National Land Monetisation Corporation (NLMC)

Cabinet has approved National Land Monetisation Corporation (NLMC) formation. Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs). NLMC: It will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore. Paid-up share capital: Rs 150 crore. It will be a lean organisation with minimal

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India’s first fully women-owned industrial park becomes operational

India’s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women. Industrial park is promoted by FICCI Ladies Organisation (FLO) in partnership with the state government

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Haryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme

On International Women’s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. Eligibility: Women whose families annual income is less

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Debasish Panda appointed as Chairman of IRDAI

The Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant

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Karnataka launches Women@Work (WOW) Program to provide 5 lakh jobs to women

The Government of Karnataka has launched the ‘Women@Work (WOW) Program’, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills. The W@W Program is being organised jointly by Karnataka

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Haryana CM Manohar Lal Khattar announces ‘Sushma Swaraj Award’ for women

Haryana Chief Minister Manohar Lal Khattar presented the Budget 2022-23 in the state’s Assembly and announced the ’Sushma Swaraj Award’ for women for their significant contribution or achievements in different walks of life in national and international spheres. The Sushma Swaraj Award will carry a commendation and a cash prize of Rs 5 lakh. The

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Labour Minister releases Book titled Role of Labour in India’s Development

Union Minister for Labour and Employment, Bhupender Yadav has released book titled ‘Role of Labour in India’s Development’ at New Delhi. The Book contains 12 articles written by eminent academicians and practitioners on the contribution of labour in India’s development journey. It has been published by V V Giri National Labour Institute. It has been launched as a part

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NaBFID to be regulated as AIFI under RBI Act

The Reserve Bank said NaBFID will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934. It will now be guided under Sections 45L and 45N of the Reserve Bank of India Act, 1934. Currently, RBI has four AIFIs: EXIM Bank, NABARD, NHB, and SIDBI. NaBFID: Development Financial Institution (DFI) to support the development of

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