7th March PIB Lyst3375
7th March PIB Lyst3375
i. Scheme period: The scheme will be effective from the date of Notification and
up to 31.03.2034 (10 years) along with 8 years of committed liabilities.
ii. Application period for registration: Industrial unit will be allowed to apply
for registration from the date of notification up to 31.03.2026.
iii. Grant of registration: All applications for registration shall have to be
disposed of by 31.03.2027.
iv. Commencement of Production or operation: All eligible Industrial Units to
commence their production or operation within 4 years from the grant of
registration.
v. Districts are categorized in two zones: Zone A (Industrially Advanced
Districts) & Zone B (Industrially Backward Districts).
vi. Earmarking of funds: 60% of the outlay of Part A has been earmarked to 8
North-Eastern states and 40% on First-In-First-Out (FIFO) basis.
vii. For Micro industries (defined as per MSME industry norms), the P&M
calculation will include the building construction and P&M costs for Capital
Investment Incentive.
viii. All new Industrial units and Expanding units would be eligible for the
respective incentives.
• The following incentives would be available under the scheme to investors for
setting up new units or undertaking significant expansion of the existing units.
Maximum Eligible benefits to one unit from all components of the scheme: Rs. 250
Cr.
Implementation strategy:
• DPIIT will implement the scheme in cooperation with the states.
Implementation will be overseen by following committees at the national and state
levels.
I. The Steering Committee, headed by the Secretary, DPIIT (SIIT), will decide
upon any interpretation of the scheme within its overall financial outlay and issue
detailed guidelines for execution.
II. State Level Committee, headed by the state's Chief Secretary, will monitor
implementation, checks and balances, ensuring transparency and efficiency.
IndiaAI Mission
• Financial Allocation:
Over Rs 10,300 crore approved by the Cabinet for IndiaAI Mission.
Slated over the next five years for various initiatives.
• Mission Components:
- IndiaAI Compute Capacity
- IndiaAI Innovation Centre (IAIC)
- IndiaAI Datasets Platform
- IndiaAI Application Development Initiative
- IndiaAI FutureSkills
- IndiaAI Startup Financing
- Safe & Trusted AI
• Implementation Model:
- Public-private partnership for structured implementation.
- Focus on nurturing India’s AI innovation ecosystem.
• IndiaAI Compute Capacity:
- Aims to build a scalable AI computing infrastructure.
- Deployment of over 10,000 Graphics Processing Units (GPUs).
- Strategic public-private collaborations.
• Benefits and Contributions:
- Anticipated benefits for Indian citizens and economic growth.
- Acknowledgment of potential impact on states like Kerala.
• Startup Financing:
- Strengthening IndiaAI Startup Financing mechanism.
- Streamlined funding access for AI startups from development to
commercialization.
- Inclusion of industry-led AI projects for social impact and innovation.
• IAIC (IndiaAI Innovation Centre):
- It is a leading academic institution for research talent retention.
- Development and deployment of foundational models, emphasizing indigenous
Large Multimodal Models (LMMs) and domain-specific models.
• IndiaAI Datasets Platform:
- Developed by Independent Business Division (IBD) of IndiaAI.
- Boost for accessibility, quality, and utility of public sector datasets.
- Aims for data-driven governance and catalyzing AI-based innovation.
• IndiaAI FutureSkills:
- Focus on expanding AI education reach.
• Verification Process:
- Authorized person can refuse to confirm OTP in case of anomalies.
• Upcoming Phases:
• It has increased by 82% from Rs.290 crores to Rs.528 crore for 2024-25 and
2025-26.
• It aims to set up 800 SHGs and 330 FPOs in the next two years with an increased
assistance of Rs 105.5 crore.
• This will increase coverage of small tea growers from 1000 to more than
30,000 in the next two years.
• A new sub component for research on blends and value-added products in
international markets has been included for enhancing and diversifying exports.
Ministry of Education
• Launch: 2008
• Time period: FY 2021-22 to FY 2025-26
• Total Allocation: Rs.1827 crores.
• It is a Central Sector Scheme.
• ‘National Means-cum-Merit Scholarship Scheme’ scholarships are awarded to
meritorious students of economically weaker sections to arrest their drop
out at class VIII and encourage them to continue their education up to the
secondary stage.
• One lakh fresh scholarships are awarded to selected students from class IX every
year and their continuation/renewal in classes X to XII for students studying in
State Government, Government-aided and local body schools.
- The awardees should get minimum of 60% marks in Class X for continuation of
scholarship (relaxable by 5% for SC/ST candidates) in next higher classes. For
continuing the scholarship in class X and XII, the awardees should get clear
promotion form class IX to class X and from class XI to class XII in the first
attempt.
• Eligibility criteria:
- Students whose parental income from all sources is not more than Rs.
3,50,000 per annum.
- The students must have a minimum of 55% marks or equivalent grade in the
Class VII examination to appear in the selection test for the award of a
scholarship (relaxable by 5% for SC/ST students).
- The students should be studying as regular student in a Government,
Government-aided and local body school.
NAMASTE SCHEME
• 2,367 ULB’s attended the online training sessions on profiling process and
demonstration of NAMASTE Mobile App.
• 805 urban local bodies attended the state level NAMASTE profiling to resolve
technical queries.
• Profiling of Septic tank workers (SSWs) aims to create a national database for the
identification of SSWs and to provide them a unique NAMASTE ID.
• Till March 6, 2024, total 28,732 SSWs surveyed and 21,760 SSWs validated in 28
States.
• Training of Trainers on the Usage of NAMASTE Mobile Application:
- It is conducted in 4 states including Uttar Pradesh, Karnataka, Andhra Pradesh
and Telangana and 1 UT that is Delhi.
Phase I News