A new Scheme “Aatmanirbhar Bharat Rozgar Yojana” launched
Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20%
Production Linked Incentive worth ₹ 1.46 Lakh crore offered to 10 champion sectors
₹18,000 Crore Additional outlay for PM Awaas Yojana – Urban
Relaxationof Earnest Deposit Money & Performance Security on Government Tenders
Increase in differential between circle rate and agreement value to 20% providing Income Tax relief for Developers & Home Buyers
₹6,000 crore equity investment in debt platform of National Investment and Infrastructure Fund (NIIF)
₹65,000 Crore for subsidized fertilizers provided to support agriculture
Additional outlay of ₹10,000 Crore has been provided for PM Garib Kalyan Rozgar Yojana
₹3,000 crore boost to be given for project exports through assistance given by India to developing countries
₹10,200 crore additional budget stimulus will be provided for capital and industrial expenditure
₹900 crore is being provided for Research and Development of Indian COVID Vaccine
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting.
2. For the month of September 2020, the Quick Estimates of Index of Industrial Production (IIP)with base 2011-12 stands at 123.2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2020 stand at 87.6, 125.3 and 166.4 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.
3. As per Use-based classification, the indices stand at 112.1 for Primary Goods, 88.4 for Capital Goods, 132.2 for Intermediate Goods and 128.5 for Infrastructure/ Construction Goods for the month of September 2020. Further, the indices for Consumer durables and Consumer non-durables stand at 125.9 and 149.9 respectively for the month of September 2020.
4. Details of Quick Estimates of the Index of Industrial Production for the month of September 2020 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and byUse-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices since April 2020, by industry groups (as per 2-digit level of NIC-2008) and sectors.
5. Along with the Quick Estimates of IIP for the month of September 2020, the indices for August 2020 have undergone the first revision and those for June 2020 have undergone the final revision in the light of the updated data received from the source agencies. The Quick Estimates for September 2020, the first revision for August 2020 and the final revision for June 2020 have been compiled at weighted response rates of 89 percent, 92 percent and 95 percent respectively.
Skill India Commences Training of 3 Lakh Migrant Workers From 116 Districts Identified Across 6 States under Garib Kalyan Rozgar Abhiyan
Posted On: 12 NOV 2020 5:32PM by PIB Delhi
Demand-driven skilling is being conducted under Centrally Sponsored and Centrally Managed (CSCM) component of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2016-2020
Over 200 training partners are delivering trainings across 116 districts in6 states
Guided by Hon’ble Prime Minister’s Garib Kalyan Rojgar Abhiyaan (GKRA), the Ministry of Skill Development and Entrepreneurship (MSDE) has begunskill training of 3 Lakh migrant workers from the identified 116 districts across Uttar Pradesh, Bihar, Rajasthan, Odisha, Madhya Pradesh and Jharkhand. The initiative aims toempowermigrant workers and rural population in the post-COVID era through demand-driven skilling and orientationunder Centrally Sponsored and Centrally Managed (CSCM) component of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2016-2020.
In collaboration with the concerned District Collectors/District Magistrates/ Deputy Commissioners, MSDE is rolling out the programme across these districts for skill training within 125 days.The training has already started in certain parts of the identified districts and will gradually expand to other parts in the course of the month.
National Skill Development Corporation (NSDC), under the aegis of MSDE,is executingthe training programme through existing Training Providers and Project Implementing Agencies operating under PMKVY 2016-20 or state schemes. 1.5 lakh migrant workers are being trained under Short Term Training (STT) programme,and another 1.5 lakh migrant workers are slated to be certified under Recognition of Prior Learning (RPL) scheme.
Demand aggregation for local jobs in these districts as well as the mobilization of returnee migrants for the purpose of training isbeing done by the district administrations. The Skill Ministry is directing its efforts to organize skill training for various job roles as per local industry demand, as recommended by the district administrations.
Stressing upon the need to promote skilling and entrepreneurship for rural development, Dr. Mahendra Nath Pandey, Union Minister for Skill Development and Entrepreneurship said, “Rural development through skill empowerment is a fundamental element of Skill India mission as70% of the total workforce comes from rural India.
The vision of making rural workforce attuned with the changing needs of the industry requires seamless synergies between various partners in the skilling ecosystem. We need to realign ourselves and complement each other on the pressing need for creation of industry-relevant jobs at regional levels to offset the after-effects of workforce migration.We are committed to focus on local demand-driven skill development programmes to create better and sustainable livelihood opportunities for the migrant skilled workers whose collective strength forms the backbone of our economy.”
The skill training and orientation programme across these identified districts has begun post accreditation and affiliation of Training Providers on Skill India Portal and subsequent approval of system-based targets.Job roles that are in demand across these 6 states include Assistant Electrician, Self Employed Tailor, Retail Sales Associate, Customer Care Executive (Call Centre), Sewing Machine Operator andGeneral Duty Assistant amongst others. As GKRA is a part of ShortTerm Training (STT), all benefits to eligible candidates as per the STT-CSCM-PMKVY 2016-20 are applicable. Eligible candidates are receiving Direct Benefit Transfer (DBT) for conveyance support, boarding and lodging, post placement support, assistive aid, and othersupport as per the guidelines.
The objective of Short Term Training (STT)underSkill India’s flagship PMKVY scheme is to provide skill training to either school/college dropouts or unemployed youth for various sectors and job roles.
Duration of the training programme varies as per job roles, ranging between 150 and 300 hours.Recognition of Prior Learning (RPL) programmerecognizes the value of learning acquired outside a formal setting and provides a government certificate for an individual’s skills.
Candidates receive exposure to concepts of digital and financial literacy and an accidental insurance coverage for three years free of cost. No fee is charged from a candidate for participating in the RPL programme and every successfully certified candidate receives INR 500.