Latest news with #PMEGP
Hans India
16 hours ago
- Business
- Hans India
Women's pie in workforce at 18.4%
New Delhi: The participation of women in the country's formal workforce is constantly increasing and as per the latest data, the estimated Labour Force Participation Rate (LFPR) on usual status for female of age 15 years and above has increased from 23.3 per cent in 2019-20 to 41.7 per cent in 2023-24 — a robust growth of 18.4 per cent -- the Parliament was informed on Monday. Employees' Provident Fund Organisation (EPFO) Payroll Data indicates the level of employment in the formal sector. During 2024–25 alone, 26.9 lakh net female subscribers were added to the Employees' Provident Fund Organisation (EPFO), underlining a shift towards formal employment, Minister of State for Labour and Employment, Shobha Karandlaje, said in a written reply to a question in the Lok Sabha. The government is implementing various schemes to boost the female LFPR, like Pradhan Mantri Mudra Yojana (PMMY), Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Stand-UP India Scheme, Startup India, Prime Minister's Employment Generation Programme (PMEGP), Women in Science and Engineering- KIRAN (WISE-KIRAN), SERB-POWER (Promoting Opportunities for Women in Exploratory Research), Mission Shakti, Namo Drone Didi and Lakhpati Didi, among others.
Hans India
4 days ago
- Business
- Hans India
Robust industrial base key to economic development: Collector
Anantapur: Establishing a robust industrial base across the district is essential for achieving sustainable economic development, said Anantapur in-charge District Collector Shiv Narayan Sharma. He made these remarks during the 60th District Industries and Export Promotion Committee (DIEPC) meeting held on Friday at the mini conference hall of the District Collectorate. Addressing the officials, the Collector emphasised the need to strengthen the industrial sector and directed authorities to take proactive measures. He stressed the importance of encouraging enthusiastic entrepreneurs by ensuring timely approvals through the Single Desk Portal. He further instructed officials to create awareness among industrialists about various schemes implemented by both the Central and State governments. Collector Sharma revealed that since the previous meeting, a total of 224 aspiring entrepreneurs have applied through the Single Window system, out of which 25 applications were approved. He instructed officials to promptly review and approve the remaining 16 pending applications as well. He urged concerned departments to ensure all permissions through the portal are granted within the stipulated time frame. The committee also approved a subsidy of Rs 230.54 lakh under the 2020–23 and 2023–27 industrial policies for 13 units. During the meeting, success stories of entrepreneurs who benefited from the PMEGP (Prime Minister's Employment Generation Programme) and have successfully established their ventures were compiled and presented to the Collector by the District Industries Department. Expressing satisfaction, the Collector appreciated these achievements. He also directed the APIIC Zonal Manager to identify suitable land for setting up an MSME Park in the district. Furthermore, he instructed officials to expedite efforts to establish the Ratan Tata Innovation Hub, which is expected to provide technology transfer and skill training to youth, thereby generating employment opportunities. The meeting was attended by District Industries Officer Srinivas Yadav, AD Rajasekhar Reddy, Commercial Officer Krishna Reddy, RTO Veerraju, APIIC Manager Mallikarjun, DSDO Pratap Reddy and other key officials.
Hans India
5 days ago
- Business
- Hans India
Promote industrial growth extensively
Nellore: District Collector O Anand has directed the officials to ensure establishment of more industries to generate employment to the unemployed youth in the district. Addressing the District Industries and Export Promotion Committee (DIEPC) meeting, the Collector has disclosed that as many as 1,616 applications against total 1,700 received under Single Desk Portal (SDP) were solved, while 64 applications were rejected, another 64 are kept pending. The Collector said that most of the applications which were kept pending were related to Pollution Control Board (PCB) and Legal Metrology (LM) departments. He ordered that officials should show special attention over pending applications and solve them by discussing the issues with PBC and LM departments. He said that officials should organise awareness programmes about the World Bank supporting programme called 'Ramp' to promote more indistries in the district. The Collector said that as many as 76 units were physically grounded under Prime Minister Employment Generation Programme (PMEGP) in the district. On the occasion, the Ceollector reviewed the progress related to the proposed industrial units of Jakson Infra, Utkarsha Alluminimum, Dhathu Nigam Limited and Cribco Green Energy Limited. Joint Collector Kollabathula Karthik, District Industries GM Maruthi Prasad, APIIC JD Sivakumar, Atmakur RDO Pavani and others were present.
Time of India
22-07-2025
- Business
- Time of India
Ranking index for banks to boost lending performance: Dy CM
Patna: Deputy CM Samrat Choudhary on Tuesday said the state govt has given its approval to create a ranking index to improve the performance of banks and ensure their accountability. Banks getting less than 40 marks on the index will be deprived of state schemes and govt deposits, he said. "This is like an alarm for the banks. Only those banks which score a minimum of 40 marks on this index will be included in the state govt schemes and only they will be allowed to accept govt deposits and do banking transactions with public sector undertakings, authorities and societies," said Samrat, who is also the finance minister of the state. This index has been prepared on the basis of banking performance—achievement of the target of annual credit plan, increase in credit-deposit ratio, loan distribution in priority sectors like agriculture, animal husbandry, fisheries etc., loan availability to self-help groups, and participation in govt schemes like Mudra Yojana, Kisan Credit Card, PMEGP etc, he said. The deputy CM said the role of banks is important in the economic development of the state. "Their work is not limited to keeping the savings safe but it also strengthens the economic pace of the state. By providing loans in agriculture, industry, trade, service, education and other sectors, banks also help in creating employment opportunities. Keeping in mind this important role of banks, a target for credit receipt is fixed for them under the Annual Credit Plan through the State Level Bankers Committee at the beginning of the financial year," he said. He further said during the FY 2024-25, most of the banks failed to achieve these targets. "The credit-deposit ratio of the state is also currently lower than the national average," Samrat said.
New Indian Express
15-07-2025
- Politics
- New Indian Express
Implement welfare schemes effectively: NCSC
GUNTUR: National Commission for Scheduled Castes (NCSC) member Vaddepalli Ramachander on Monday directed officials to strictly implement all welfare and development schemes meant for Scheduled Castes (SCs) in line with constitutional provisions. Chairing a review meeting at SR Sankaran Hall in the Guntur Collectorate, he stressed the constitutional mandate under Article 338, which grants the NCSC quasi-judicial powers to safeguard SC rights. He warned that officials failing to adhere to guidelines could face suspension or legal action. Commending Guntur district's improved SC student pass rates, he urged banks to expedite housing loans under PM Awas Yojana and asked private schools not to harass SC students over fee reimbursements. On atrocities, Ramachander directed police to file charge sheets promptly, avoid counter-cases, and ensure swift delivery of compensation, jobs, and rehabilitation. He called for timely loans under PMEGP and Stand-Up India, citing the Rs 1,000 crore CGTMSE fund for collateral-free loans. He insisted backlog posts and reservation-based promotions be implemented. 'RESPOND TO COMPLAINTS FILED UNDER SC/ST ACT' Vijayawada: Vaddepalli Ramachandar, Member of the NCSC, has directed officials to respond promptly to complaints filed under the SC/ST Atrocities Act. Speaking at a review meeting in Vijayawada on Monday, he stressed the need to register FIRs immediately upon receiving complaints and to initiate swift action, including arrests. He also instructed that District Vigilance and Monitoring Committee meetings be held every three months
