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Govt to come out with SECond PLI scheme for textiles: Goyal -Dilasha Seth

-Livemint.com Move aims to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday COIMBATORE: The Union government is set to come out with a SECond production linked scheme (PLI) for the textiles SECtor, to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday. On possibility of extension...

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Loans worth ₹37 trillion sanctioned to MSMEs in FY22, up 182% from FY20: Report

-Livemint.com From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket size of MSME loans increased by 92%, the data on MSME loans showed. Total loan sanctioned to MSMEs stood at ₹37.29 trillion in FY22, an increase of roughly 5% over FY21 and 182% over FY20, as per a report by CRIF High Mark, a credit bureau. From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket...

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Group wants new order on MGNREGA workers revoked -Sobhana K. Nair

-The Hindu Peoples Action For Employment Guarantee says rule that mandates recording attendance on a mobile app is a violation of the NREGA law The Union Rural Development Ministry must withdraw its order to discontinue manual attendance for Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme work sites with more than 20 workers to replace it using a mobile phone-based application — National Mobile Monitoring Software (NMMS) for recording attendance, the Peoples...

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70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text

-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...

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Global hunger crisis pushing one child into severe malnutrition every minute in 15 crisis-hit countries

-Press release by UNICEF.org Ahead of G7 summit, UNICEF appeals for US$1.2 billion to meet urgent needs of 8 million children at risk of death from severe wasting NEW YORK, 23 June 2022 — Almost 8 million children under 5 in 15 crisis-hit countries are at risk of death from severe wasting unless they receive immediate therapeutic food and care – with the number rising by the minute, UNICEF warned today as...

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