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Modi govt copies Shaadi bhagya; offers Rs 51k wedding bounty for graduate Muslim girls

coastaldigest.com news network
August 7, 2017

Bengaluru, Aug 7: Do you remember those days when Bharatiya Janata Party staged protests across Karnataka against chief minister Siddaramaiah-led Congress government’s ‘Shaadi Bhagya’ scheme which provided financial assistance of Rs 50,000 to brides of minority communities such as Muslims, Christians, Sikhs, Parsis, Jains and Buddhists in Karnataka? Now, the Prime Minister Narendra Modi-led NDA has come up with almost a similar scheme. Interestingly, this scheme is only for Muslims — not for all minority communities.

Christened as ‘Shaadi Shagun’, the Centre’s new scheme will provide a wedding gift of Rs 51,000 to “graduate” Muslim women. However, those Muslim girls who fail to complete graduation will be deprived of this bounty.

Currently, a website is currently being put up by Maulana Azad Educational Foundation where all details of the scheme would be made available. The Shaadi Shagun amount will be made available only to those graduate Muslim girls who have already received MAEF scholarships earlier.

Maulana Azad Educational Foundation, which works under the National Commission for Minorities, has decided to take this step to encourage Muslim women to opt for higher studies. MAEF says this scheme is tailored only for Muslim women and their guardians to egg them on to complete their studies at the college or university level.

Recently the MAEF, headed by minorities welfare minister Mukhtar Abbas Naqvi, held a meeting during which important decisions were taken vis-a-vis scholarships offered to Muslim women. Besides, it was also decided that a sum of Rs 10,000 would be awarded to Muslim girls studying in Classes IX and X. Up to now, only (Muslim) girls studying in Classes XI and XII were eligible to receive a scholarship of Rs 12,000 each.

MAEF treasurer Shakir Hussain Ansari said, “Girl children in a large part of Muslim society are deprived of higher education even today, often due to financial constraints. We mean to encourage girls and their parents and guardians to ensure that the students complete their graduation. Hence, we've decided on the Rs 51,000 wedding gift.”

“Though this isn't a large amount, we do believe it would be firm step forward in encouraging higher education among Muslim women,” he added.

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Isra
 - 
Sunday, 3 Dec 2017

We need the money now to find a good groom also to pay for match maker..

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News Network
May 24,2020

Bengaluru, May 24: In an effort to protect passengers and staff from the risk of COVID-19 transmission, the Bangalore International Airport Limited (BIAL) has introduced a parking-to-boarding contactless journey at the airport.

With a greater emphasis on minimum touch and minimum exposure between passengers and airport personnel, BIAL aims to minimise all physical contact at the airport. The technology will continue to enable a seamless airport journey, with greater emphasis on health and safety.

"As the gateway to a new India, BLR Airport has a key role to play in helping passengers through this global health crisis by reassuring them that their safety is our top priority. We have introduced innovative contactless procedures to minimise exposure at the airport," said Hari Marar, MD and CEO, BIAL.

"These enhancements demonstrate our continued commitment to keep our passengers safe in this environment. We believe our new measures will boost confidence among passengers," continued Marar.

"BLR Airport is all geared up to welcome our passengers back and - working with various government departments - we're committed to offering them a safe experience by implementing the best-in-class standards, procedures and practices," Marar added.

Earlier, Civil Aviation Minister Hardeep Singh Puri said that domestic flight operations will resume from May 25 noting that all airlines and airports were ready but it is not viable to keep the middle seat vacant as it will lead to hike in the ticket price and prescribed social distancing norms would still not be met. 

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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