PM launches scheme to provide free LPG connections to poor

May 1, 2016

Ballia, May 1: Prime Minister Narendra Modi launched a Rs 8,000 crore scheme to provide 5 crore free LPG connections to poor families as he attacked previous governments for just paying lip service to reducing poverty.gasmodi

Calling himself 'Shramik No.1' (Worker No.1), he listed out initiatives taken by his government for the welfare of labourers.

The launch coincided with May Day and Modi attacked previous governments for doing little for the poor. "Policies made by previous governments were not keeping in mind the welfare of poor but only ballot boxes," he said.

Poverty, he said, can be eradicated only if poor are empowered, given resources and opportunities as well as education, jobs, houses, drinking water and electricity.

He questioned the policies pursued by the previous government for poverty eradication, saying poverty has only increased during past years.

"We are working to fight poverty," he said, adding that under the Pradhan Mantri Ujjwala Yojana, free LPG connections will be provided in name of women members of BPL households.

In the first year, 1.5 crore such connections will be released and the target of 5 crore will be completed in three years, he said, comparing it to the just 13 crore LPG connections provided in 60 years of independence.

"In my first speech in Central Hall of Parliament after BJP government came to power (in 2014), I had said my government is dedicated to poor.

"Whatever this government does will be for the benefit of the poor and for the welfare of poor," he said as he listed out various labour-friendly initiatives, including raising minimum pension to Rs 1,000 and introduction of labour identification number (LIN).

Also, the maximum wage that entitles bonus to workers has been raised to Rs 21,000 from Rs 10,000 per month previously, while the bonus limit too has been doubled to Rs 7,000.

Provident fund (PF) portability has been provided to help utilise the Rs 27,000 crore of retirement benefits lying unused because of workers changing jobs or cities.

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KhasaiKhaane
 - 
Sunday, 1 May 2016

Just like other \development\" programs , we will see the motive behind this very soon.. wait and watch!"

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
February 1,2020

New Delhi, Feb 1: Prime Minister Narendra Modi on Saturday greeted the Indian Coast Guard on its raising day, appreciating its efforts to keep the country's coasts safe.

The Coast Guard came into being in 1977.

"Greetings to the Indian Coast Guard on their foundation day. Our Coast Guard has made a mark due to their remarkable efforts to keep our coasts safe," Modi tweeted.

The prime minister said the force's "concern towards the marine ecosystem is also noteworthy".

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News Network
May 24,2020

New Delhi, May 24: India witnessed the biggest ever spike of 6,767 positive cases in the last 24 hours, taking the total number of COVID-19 cases to 1,31,868, according to the Union Ministry of Health and Family Welfare.

As many as 147 deaths have been reported in the last 24 hours, taking the death toll to 3,867.
Out of the total number of cases, 73,560 are active and 54,440 have been cured/discharged and one migrated.

Maharashtra continues to remain the worst-affected state with 47,190 COVID-19 cases. It is followed by Tamil Nadu (15,512), Gujarat (13,664), and Delhi (12,910).

The nationwide lockdown imposed as a precautionary measure to contain the spread of COVID-19 has been extended till May 31.

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