Tuesday, 9 December 2014

Janani Suraksha Yojana Janani Suraksha Yojana (JSY)

Janani Suraksha Yojana Janani Suraksha Yojana (JSY)

Key Features
  • It integrates cash assistance with delivery and post-delivery care The Yojana has identified ASHA, the accredited social health activist as an effective link between the Government and the poor pregnant women
  • Rs. 600/- / Rs. 700/- by cheque is given to pregnant women to promote institutional delivery in case she is a resident of Urban / Rural area

The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012

Highlights of the Bill
  • The Bill aims to protect the livelihood rights of street vendors as well as regulate street vending through demarcation of vending zones, conditions for and restrictions on street vending.
  • Any person intending to undertake street vending needs to register with the Town Vending Committee (TVC).  He may then apply for a vending certificate that will be issued based on various criteria.  

Parliament’s Role in Financial Oversight

Saturday, 6 December 2014

The National Judicial Appointments Commission Bill, 2014

  • The National Judicial Appointments Commission Bill, 2014 was introduced in the Lok Sabha on August 11, 2014 by the Minister of Law and Justice, Mr. Ravi Shankar Prasad.
  •  Constitutional (121st Amendment) Bill, 2014, which

The Apprentices (Amendment) Bill, 2014

  • The Apprentices (Amendment) Bill, 2014 was introduced in Lok Sabha on August 7, 2014.  It proposes to amend the Apprentices Act, 1961. 
  • The Act regulates the training of apprentices in the industry.  An Inter Ministerial Group (IMG) had recommended various changes to the Act to make apprenticeship more responsive to youth and industry.  The Statement of Objects and Reasons states that the amendments proposed in the Bill are based on IMG’s recommendations.

The Tribunals, Appellate Tribunals and Other Authorities (Conditions of Service) Bill, 2014

Highlights of the Bill
  • The Tribunals, Appellate Tribunals and Other Authorities (Conditions of Service) Bill, 2014 seeks to establish uniform conditions of service for the chairpersons and members of 26 tribunals and authorities.
  • These conditions of service include term of office, reappointment, age of retirement, allowances, and leave entitlement for chairpersons and members of the tribunals covered by the Bill.

Friday, 5 December 2014

Ambedkar Hastshilp Vikas Yojna

    The scheme is being greatly implemented for typical handicraft artisans.
    • Necessary empowerment as well as integrated development of typical handicraft artisans especially into a well organized market.
    • Mobilization and awareness generation of typical handicraft arts for their overall development and progress.
    • To provide training to artisans along with great market exposure so that they could sell out their handicraft products.
    • To provide proper education and market knowledge to artisans so that they could learn the market techniques to get better result out of it.

Rastriya Sam Vikas Yojana

Poverty in rural areas in India can be greatly attributed to recurring unsustainable agriculture, droughts, absence of drinking water and inadequate facilities of irrigation. Hence, due to few water sources, the problem becomes so big in the India. India is a country of agriculture and people live mostly in rural areas. According to agriculture department about 800 MM simple yearly rainfall can offer nice scope for important water resources and irrigation facilities. Rashtriya sam vikas yojana help to achieve advancement in horticulture, agriculture and allied development.

Bharat Nirman

The renowned business plan Bharat Nirman has been designed for augmenting and creating fundamental rural infrastructure. This scheme comprises various pro0jets on roads, irrigation, Sadak Yojana, housing or Indira Awaas yogana, national rural water schemes for water supply, Rajiv Gandhi grameen vidyutikaran yojana or electrification and telecommunication.

Integrated Handloom Training Project, IHTP

The main working group of Indian planning commission especially on jute and textiles industry for the important five year scheme had indemnified requirement for making training models for all weavers engaged in low cost items production, to enable those people to survive in cut throat competition of global market.  Hence, to offer effective system of upgrading skills in the field of handloom industry to meet the present market challenges. The integrated handloom training project was set to achieve this goal. The main motto of this scheme is to provide proper training to weavers

Rashtriya Krishi Vikas Yojana

Small irrigation schemes are environmental friendly thus they offer sufficient employment opportunities especially to rural people, resulting in maximum utilization of natural resources. Remember, a great number of minor irrigation schemes on rivers as well as rivulets may offer required irrigation to agriculture lands of local tribal beneficiaries. Moreover the latest technology is greatly suited to tribal communities and thus projects are really a suitable option for self-management. It is a known fact that the famous Pani Panchayat project has aroused with great enthusiasm. Hence, requests are usually pouring into establishment of new small as well as lift

Mahatma Gandhi Pravasi Suraksha Yojana

The Mahatma Gandhi Pravasi Suraksha Yojana is an initiative that has been introduced by the Overseas Indian Affairs Ministry to create a fund for pension and insurance. The beneficiaries of this fund would be Indian workers who work overseas and who are in possession of ECR (emigration check required) passports.
The main objective of the MGPSY is to motivate and support the Overseas Indian Workers to make Government Contributions for the following purposes:
  • Plan and save for their Return and Resettlement (R&R).
  • Plan for their grey-haired days.

Members of Parliament Local Area Development Scheme

In 1993 on 23rd December, the Government of India formulated a scheme by the name Members of Parliament Local Area Development Scheme (MPLADS) that provide the Parliament of India members to suggest their choice of district’s Head to work for Rs 5 crore annually, which will be looked after by their constituency. The Ministry of Rural Development administered this scheme initially, but in October 1994, the Ministry of Statistics and Programme Implementation (MOSPI) started looking after it. The districts works responsible for implementation were selected by the elected members of Rajya Sabha who represent the entire State. In more districts, the works for

Janashree Bima Yojana

This scheme’s objective is to provide the urban and rural poor people, who are marginally above and below the poverty line, protection by life insurance schemes.
A person should satisfy certain conditions given below:

Bachat Lamp Yojna

About Bachat Lamp Yojana
Bachat Lamp Yojana is a government of India’s programme in order to reduce the compact fluorescent lamps (CFLs i.e. the energy saving lights) cost that are sold to the consumers. These are implemented through India’s power ministry of Bureau of Energy Efficiency (BEE). The goal of this programme is the delivery of CFLs at the cost of the normal light bulbs. The cost difference will be covered by the Kyoto Protocol’s sale under the clean Development Mechanism of certified emission rights.

National Pension Scheme

About National Pension Scheme
The National pension System (NPS) is launched by the Government of India as a defined pension system that is contribution based since 1st January 2004. Like other developing countries, there is no system of Universal security in India to protect the elderly people from the economic deprivation. In the first step towards the reforms of pension schemes, the Indian government moved to a defined system of pension that is contribution based from a defined benefit pension. Other than offering a wide gamut to the employees of investment options, this scheme will help the Indian government to reduce the liabilities of pension. Unlike Indian government’s existing pension funds offered to the

Ambedkar Hastshilp Vikas Yojna

    The scheme is being greatly implemented for typical handicraft artisans.
    • Necessary empowerment as well as integrated development of typical handicraft artisans especially into a well organized market.
    • Mobilization and awareness generation of typical handicraft arts for their overall development and progress.
    • To provide training to artisans along with great market exposure so that they could sell out their handicraft products.

Rajiv Gandhi Grameen Vidyutikaran Yojana

  • RGGVY or Rajiv Gandhi Grameen Vidyutikaran Yojana was greatly launched in the month of April in 2005 especially by mixing all kinds of ongoing popular schemes.
  • Hence, under this scheme, the central government provides ninety percent of grant and ten percent as a loan which is provided by REC or rural electrification corporation to all states’ governments.

Doodh Ganga

Government of India’s dairy business enterprise scheme is Doodh Ganga Yojana. This scheme offers fractional interest free credits & capital grant provisions to encourage planned dairy farming & generate service openings in Himachal Pradesh.
Department of Animal Husbandry of Government of India has launched this scheme as a dairy undertaking assets plan to be executed by the National Bank for Agriculture & Rural Development (NABARD). The program helps to convert micro dairy farming ventures into planned dairy

Pradhan Mantri Adarsh Gram Yojana

There is rural growth program started by the Indian Central government during the fiscal year of      2009-10 and known as Pradhan Mantri Adarsh Gram Yojana (PMAGY).  This program is for the growth of villages with an elevated ratio (more than 50%) of persons of the scheduled castes by union of central & state schemes & allocating monetary support on for each village.

Valmiki Ambedkar Awaas Yojna

The VAMBAY was started in 2001, December to improve the circumstances of the slum inhabitants in urban areas living under the poverty row lacking sufficient refuge.
The plan has the main aim of assist the building & up-gradation of house for slum residents & offering healthy & enabling urban surroundings by society toilets in the Nirmal Bharat Abhiyan, a constituent of the proposal.

Sabla or Rajiv Gandhi Scheme for Empowerment of Adolescent Girls

 Ministry for Adolescent Girls of age group of 11 – 18 Years, proposed Rajiv Gandhi Scheme for Empowerment of Adolescent Girls [RGSEAG] – SABLA. In this Nutrition Program for Adolescent Girls (NPAG) & Kishori Shakti Yojana (KSY) are thought to be amalgamated with satisfied enhancement. The plan is projected to be realized using the stage of Integrated Child Development Services Scheme.


The Unique Identification Authority of India (UIDAI) accountable for realizing the AADHAAR plan, a unique recognition scheme. It was recognized in 2009, February & will possess & functions the Unique Identification Number record. The power intends to offer an exclusive id number to every Indian, and it is not a smart cards. Database of people’s biometric & different records will be maintained by the authority.

Indira Awaas Yojana

Government of India has started as a social benefit program to give housing for the person of rural areas, which is known as Indira Awaas Yojana. The demarcation is done among rural poor & urban poor people for a detach set of plans functions for the poor in urban areas (such as the Basic facilities for Poor in Urban). It is among the main flagship schemes of the Rural Development Ministry to

National Rail Vikas Yojana

Indian Government has envisaged a huge investment scheme for rail segment to eradicate capacity blockage on Golden Quadrilateral & Diagonals to offer intended rail communication connections to ports, production of mega-overpass for better communication to the neighborhood & growth of multi-modal convey passages. This scheme is named as National Rail Vikas Yojana by the Indian

Pradhan Mantri Gram Sadak Yojana

The Pradhan Mantri Gram Sadak Yojana also known as PMGSY is a countrywide Indian scheme to offer all-climate road link to isolated villages. Started on December 25, 2000, it lies under Ministry of Rural Development.

Rashtriya Krishi Vikas Yojana

Rashtriya Krishi Vikas Yojana

State Plan Scheme of Additional Central Assistance was started in 2007, August month and known as Rashtriya Krishi Vikas Yojana. This scheme was an ingredient of Government of India’s eleventh 5 Year Plan. Initiated under the guidance of the National Development Council, it looks to attain four percentage yearly development in agriculture by  growth of Agriculture & its related divisions (as distinct by the Planning Commission (India)) in the period of the eleventh 5 Year Plan (2007–11 year).

Monday, 1 December 2014

The Insurance Laws (Amendment) Bill, 2008

In India, insurance companies are not permitted to have foreign holding of more than 26%. This Bill raises the limit to 49% and allows entry of foreign re-insurers (companies that insure insurance companies). It also provides for permanent registration of insurance companies. It permits the holder of a life insurance policy to name the beneficiary.

Saturday, 29 November 2014


Compulsory Legislation for Quality Standards

Standards on Weights and Measures (Packaged Commodities) Rules, 1977

These Rules laid down certain obligatory conditions for all commodities in the packed from with respect to their quantity declaration. These Rules are operated by the Directorate of Weights and Measures under the Ministry of Food and Civil Supplies.

Prevention of Food Adulteration Act, 1954

Initiatives for Women Entrepreneurs

Women entrepreneurs have achieved remarkable success. The Micro, Small & Medium Enterprises Development Organisation (MSME-DO), the various State Small Industries Development Corporations (SSIDCs), the nationalised banks and even NGOs are conducting various programmes including Entrepreneurship Development Programmes (EDPs). To cater to the needs of potential women entrepreneurs, who may not have adequate educational background and skills, MSME-DO has introduced process/product oriented EDPs in areas like TV repairing, printed circuit boards, leather goods, screen printing etc. A special prize to "Outstanding Women Entrepreneur" of the year is being given to recognise achievements made by and to provide incentives to women entrepreneurs. The Office of DC (MSME) has also opened a Women Cell to provide coordination and assistance to women entrepreneurs facing specific problems.

MSME Policy


1.1 The Small Scale Industrial Sector has emerged as a dynamic and vibrant sector of the economy during the eighties. At the end of the Seventh Plan period, it accounted for nearly 35 percent of the gross value of output in the manufacturing sector and over 40 percent of the total exports from the country. It also provided employment opportunities to around 12 million people.

Labour Policies

The Labour Policies for Small Scale Industries is governed by comprehensive laws. The following laws and policies are applicable for Small Scale Industries in India:

The Factories Act, 1948

  • To ensure adequate safety measures and to promote the health and welfare of the workers employed in factories.
  • To prevent haphazard growth of factories through the provisions related to the approval of plans before the creation of a factory.
Scope and coverage
  • Regulates working condition in factories.

Foreign Investment Regulations

Current Account Convertibility

Under the present policy all receipts of foreign exchange under the current account both export earnings and inward receipts are fully convertible. As per the present policy of the Government all receipts of foreign exchange, under current transactions, both merchandise exports and invisible receipts, received by exporters and other recipients are required to be surrendered to an authorised dealer of foreign exchange.
The authorised dealer converts 100% of the foreign exchange received into rupee at the free market.

NRI Investment Approval

A liberal policy for permitting investment of upto 100% equity wth full repatriation facilities in industrial ventures in high priority industries by Non-Resident Indians (NRIs) and Overseas Corporation Bodies (OCBs) has been announced. It has also been decided to permit 100% NRI investment with full repatriation benefits in Export/ Trading/ Star Trading House also.
India permits free repatriation of profits after payment

National Water Policy

Need for a National Water Policy

Click Here To Download PDF

1.1 Water is a prime natural resource, a basic human need and a precious national asset. Planning,
development and management of water resources need to be governed by national perspectives.
1.2 As per the latest assessment (1993), out of the total precipitation, including snowfall, of around
4000 billion cubic metre in the country, the availability from surface water and replenishable ground water

Foreign Direct Investment

  • An industrial undertaking, i.e., a company with interests in industry can invest upto 24% equity in a SSI unit.
  • If the equity goes beyond 24%, the industrial unit loses its SSI status.
  • There is no restriction on the extent of equity that can be held by a Non-resident Indian (NRI) as an individual/partner in a SSI unit.
  • Investors need to file an application with the Reserve Bank of India (RBI) in the prescribed format and approval is ordinarily granted within 15 days.
  • For foreign investment outside the automatic route, clearance has to be obtained from Foreign Investment Promotion Board (FIPB).
  • Applications for setting up a 100% Export Oriented Unit are also required to be filed with the SIA.
  • For setting up a unit in an Export Processing Zone (EPZ), application has to be filed with the Development Commissioner of the concerned EPZ.
  • Under automatic procedures, foreign technology agreements are being permitted in respect of industries that are designated as high priority industries.
  • The use of foreign brand names and / or trade mark of goods is also now being permitted freely.

    Automatic permission is given for foreign technology agreements up to certain ceilings covering the same high priority areas.
    No government permission is necessary for hiring foreign technicians and full powers have been delegated to the RBI.

    Further Liberalisation in "FDI"


    It has now been decided by the Government that all companies irrespective of the extent of foreign equity in the shareholding, who have entered into foreign technology collaboration agreements may henceforth be permitted on automatic approval route to make royalty payments at 8% on exports and 5% on domestic sales without any restriction on the duration of the royalty payments. The ceiling on payment of lumpsum fee/ royalty on the automatic route would continue to apply in all cases.
    Earlier only wholly owned subsidiaries were permitted to make payment of royalty at the same rate to their offshore parent companies without any restriction on the duration of the royalty payment.

Licensing Policy

The major impact of liberalisation and globalisation of economy, which started in India in July, 1991, was to do away with the Compulsory Licensing. As of now on FOUR industries are reserved for the Public Sector and only SIX industries fall under the compulsory licensing, as detailed below:


  1. Arms and ammunition and allied items of defence equipment, Defence aircraft and warships.
  2. Atomic energy.
  3. The substances specified in the scheduled to the notification of the Government of India in the Department of Atomic Energy number S.O.212(E), dated the 15th March, 1995.
  4. Railway transport.


  1. Distillation and brewing of alcoholic drinks.
  2. Cigars and Cigarettes of tobacco and manufactured tobacco subsitutes.
  3. Electronic Aerospace and Defence equipment: all types.
  4. Industrial explosives including detonating fuses, safely fuses, gun powder, nitrocellulose and matches.
  5. Hazardous chemicals.
  6. Drugs and Pharmaceuticals (according to modified Drug Policy issued in September, 1994).
In case of the small units which employ less than 50 workers with power or less than 100 workers without power are not required to obtain any license under Compulsory Licensing Provisions.