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Govt aims to increase MSME contribution to 40% of GDP: Nitin Gadkari -Jahnavi Nidumolu

-Livemint.com * The Union minister said that industries in village and Khadi generate as much as Rs.88,000 crore on an annual basis * So that the rural poor are benefited, he said the government's aim is to increase the contribution of the MSME sector to 40% from 30%, stating that there are 6.5 crore units Nitin Gadkari, Union Minister for Micro,Small & Medium Enterprises (MSME) and Road Transport & Highways, has suggested to...

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Budget 2021-22: Over-reliance on infrastructure investment to spur growth? -Sarmistha Pal

-IdeasforIndia.in Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic recession – with the Budget’s negligence of the education sector and insufficient health expenditure, making matters worse. The 2021-22 Union Budget, announced on 1 February 2021, made a definitive turn to the right as it turned its back on providing any...

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Over 2.9 lakh cyber security incidents related to digital banking reported in 2020: Dhotre

-PTI/ The Hindu The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce has also expanded the scope of digital payments. Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 1,59,761;...

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NK Singh, chairman of the 15th Finance Commission, interviewed by Zia Haq (Hindustan Times)

-Hindustan Times The chairman of the 15th Finance Commission, NK Singh, spoke to Zia Haq about the final report of the Commission for 2021-26 which has now been made public. Edited excerpts. The Constitution, through Article 280 to 281, provides for finance commissions every five years as a mechanism for sharing of taxes and revenues vertically between the Centre and states; and horizontally among all states, based on levels of development, demographic...

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Jan Arogya Abhiyan to intensify campaign on rate regulation and patients’ rights in pvt hospitals

-The Indian Express Many patients also reported their inability to access public insurance schemes like MPJAY due to lack of co-operation from hospitals, and incurring heavy debt to pay their hospital bills for Covid and other emergency health conditions. Pune: Manisha Palekar from Kolhapur narrated the story of her husband, a public school teacher, who tested positive for Covid-19 and had to be admitted to a private hospital, which charged them Rs...

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