AIR News summary – 28th June 2018

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AIR News summary – 28th June 2018

Prime Minister calls for expeditious upgradation of health infrastructure in the country; reviews progress of eight infrastructure projects in railway, road, and power sectors.

  • Prime Minister NarendraModi  has  called for expeditious upgradation of health infrastructure in the country.
  • PM today reviewedthe progress in implementation of the scheme for establishment of new medical colleges attached with existing district and referral hospitals.
  • Interacting  through PRAGATI, reviewed the progress of eight infrastructure projects in  railway, road, and power sectors.
  • During the interaction, Prime Minister said  the recently concluded first phase of the Gram Swaraj Abhiyan had achieved great success in the implementation of seven key schemes of  Central Government in over 16 thousand  villages.
  • He said, the second phase of  the  Abhiyan is now underway in over 40 thousand  villages of aspirational districts.
  • PM  also appreciated the progress made so far under the Saubhagya Yojana and said that all efforts must be made to complete the ambitious target of providing four crore families an electricity connection within the stipulated timeline.

Union Cabinet approves establishment of additional strategic petroleum reserve facilities in Odisha and Karnataka; CCEA gives nod to 1,040 crore rupees for National Export Insurance Account Trust.

  • The Union Cabinet has approved establishment of additional 6.5 Million Metric Tonne strategic petroleum reserve facilities at Chandikhol in Odisha and Padur in Karnataka.
  • The decision was taken at a Cabinet meeting chaired by the Prime Minister in New Delhi today.
  • Briefing reporters after the meeting, Union Minister Piyush Goyal said, it was also decided to construct dedicated single point mooring for these two reserve facilities.
  • The  Cabinet Committee on Economic Affairs, CCEA,  has approved a corpus  of 1,040 crore rupees  to National Export Insurance Account Trust . The Corpus is to be utilised during three years from 2017-18 to 2019-20.
  • Mr Goyal said, the Corpus will  strengthen NEIA to support project exports from the country that are of strategic and national importance.
  • The CCEA has also approved the Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies to carry out the Ethanol Blended Petrol Programme- Revision of ethanol price for supply to the Public Sector Oil Marketing Companies.
  • Itapproved the capital infusion of two thousand crore rupees to  strengthen Export Credit Guarantee Corporation, ECGC.
  • The amount will be infused in the three financial years which is 50 crore rupees in 2017-18, 1450 crore rupees in 2018-19 and 500 crore rupees for 2019-20.
  • The Cabinet also approved shifting of more experienced government doctors to teaching, clinical, public health programme implementation activities.

Government proposes to repeal UGC by setting up Higher Education Commission of India.

  • The Government has proposed to repeal the University Grants Commission (UGC)  by  setting up Higher Education Commission of India to reform higher education in the country.
  • A draft regulation namely – Higher Education Commission of India (Repeal of University Grants Commission) Act -2018  was released today by the Human Resources Development Ministry for public comments and suggestions.
  • As per the draft Bill, the Commission will take steps for promoting the quality of academic instruction and maintenance of academic standards.
  • HRD Minister Prakash Javadekar said the transformation of the regulatory set up in higher education is based upon the principles of Minimum government and Maximum governance, separation of grant functions, end of inspection raj and focus on academic quality.

India and US today discussed ways to enhance their cooperation including on counter-terrorism and in multilateral fora.  

  • USPermanent Representative to the United Nations,   Nikki Haley called on Prime Minister Narendra  Modi  in New Delhi  where both sides   expressed confidence that strong India-US partnership will continue to be an important factor for global peace and prosperity.
  • During the meeting,   the Prime Minister expressed appreciation for US President  Donald Trump’s South Asia and Indo-Pacific strategies and commended his initiative for denuclearization of Korean Peninsula.

Prime Minister Narendra Modi says, government has emphasised on three aspects – opening banks accounts for the poor, social security cover for the vulnerable, and promoting small businesses.

  • Prime Minister Narendra Modi today said, the social security schemes of his government are empowering the masses and especially the economically backward sections.
  • The Prime Minister was interacting with the beneficiaries of the schemes via the Narendra Modi app.
  • He said, the government has emphasised on three aspects – opening doors of banks to the poor, access to capital for small business and budding entrepreneurs, and a social security cover for the poor and vulnerable.
  • The Prime Minister said, the government is sensitive to the poor and is constantly making efforts to empower them. He said,around 20 crore people have been brought under the safe net of insurance plans in just three years through the Pradhan Mantri Suraksha Beema Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana.
  • Mr Modi said, in 2014, the number of bank accounts in the country was about 50 to 52 per cent and now it has increased to more than 80 per cent.
  • He asserted that the bank accounts of women have increased, adding that it is important for women to be in the financial mainstream.
  • The Prime Minister also said, the government is committed to the welfare of the elderly.

Centre focusing on higher credit support, capital and interest subsidy, and innovation in MSME sector, asserts President Ram Nath Kovind.

  • President today said, the government is focusing on higher credit support, capital and interest subsidy, and innovation in the Micro, Small and Medium Enterprises (MSME) sector.
  • He was addressing the inaugural session of Udyam Sangam on the occasion of United Nations MSME Day in New Delhi.
  • President said, the New Insolvency and Bankruptcy Code has provided special status to MSMEs. He said, the delinquency norms to categorise Non Performing Assets have been increased for MSMEs.
  • The President also launched Mission Solar Charkha, a flagship programme of the government for employment generation in rural India.
  • He also launched the MSME Sampark portal.

Government has restricted the manufacture of Oxytocin formulations for domestic use to public sector only from 1st of next month.

  • It has also banned the import of Oxytocin and its formulations.
  • The Health Ministry in a release said, Oxytocin in any form or name will not be allowed to be sold through retail Chemist.
  • The Ministry said, only the Karnataka Antibiotics and Pharmaceuticals limited (KAPL), a public sector company, will manufacture the drug for domestic use from next month.
  • The Ministry advised all the registered hospitals and clinics in public and private sector to contact KAPL and place their orders with the company.
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