-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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Bharudpura Dam in MP faces disaster after first filling in Aug 2022
-South Asia Network on Dams, Rivers and People (SANDRP) Bharudpura dam (also called Karam dam) on Karam river, a tributary of Narmada river, near Gujari village in Dharampuri Tehsil of Dhar district of Madhya Pradesh faced major disaster after the very first filling in August 2022 when there was seepage from and massive erosion of the dam wall starting from Aug 11, 2022. The disaster at the Rs 304.44 crore project...
More »CAG raises concerns over Centre’s ballooning debt, interest burden
-The New Indian Express Meanwhile, data released by the department of economic affairs in the Finance Ministry showed interest paid on debt has increased to Rs 8.05 lakh crore in FY22 from Rs 6.80 lakh crore in FY21. NEW DELHI: The Comptroller and Auditor General (CAG) of India have raised concern over increasing Central government debt as several indicators gauging the sustainability of debt have turned unfavourable since 2015-16. The CAG in...
More »Income taxpayers can't join Atal Pension Yojana from Oct 1: Govt -Nikunj Ohri
-Business Standard Social security scheme should reach the poor and underprivileged, says official The Centre will bar income taxpayers from availing themselves of the Atal Pension Yojana (APY) from October 1 this year to ensure that the scheme’s benefits reach the poor and underprivileged. Atal Pension Yojana, launched in 2015, is a social security scheme for citizens aged 18 to 40. Subscribers, based on their contributions, get a guaranteed monthly pension of Rs...
More »Audit lays bare numerous breach of India’s coastal regulations -GS Mudur
-The Telegraph Jail and racetrack on beach bully list New Delhi: An audit has identified dozens of public and private projects that have breached India’s coastal regulations — beach resorts, ports, roads, a racetrack, and even a jail near an Olive Ridley turtle nesting site. The exercise by the Comptroller and Auditor General (CAG) has flagged deficiencies in the Union environment ministry’s project approval mechanisms and lapses by state coastal regulatory authorities that...
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