AEIOU Working from Home Model highlighted by Prime Minister Modi
Minister Modi stressed on Adaptability, Efficiency, Inclusivity, Opportunity and Universalism for a new business and work culture
- In his post on LinkedIn, Prime Minister Narendra Modi today said, the new business and work culture should be redefined on the vowels of A, E, I, O, U, where A stands for Adaptability, E for Efficiency, I for Inclusivity, O for Opportunity and U for Universalism.
- He said these will become essential ingredients of any business model in the post-COVID world.
Source : All India Radio
Smt. Nirmala Sitharaman attends the 5th Annual Meeting of Board of Governors of New Development Bank through video-conference
Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the 5th Annual Meeting of Board of Governors of New Development Bank through video-conference in New Delhi today.
The NDB was established by the BRICS countries (Brazil, Russia, India, China and South Africa) in 2014.
The purpose of the Bank is to mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries to complement the existing efforts of multilateral and regional financial institutions for global growth and development.
NDB has so far approved 14 projects of India for an amount of $ 4,183 million.
On the discussion of COVID-19, Smt. Sitharaman appreciated NDB’s effort on fast tracking of financial assistance of about $5 billion to BRICS countries including Emergency Assistance of $1 billion India to combat COVID-19 pandemic.
Smt. Sitharaman also outlined various measures taken in India to respond to the COVID-19, includes, allocation of $2 Billion (Rs 15,000 crore) by the Government of India for strengthening the healthcare system; announcement of a scheme of social support measures amounting to $25 Billion to alleviate the hardship of the poor and the vulnerable; insurance cover of $67,000 (Rs 50 lakh) per person to over 2.2 million frontline health workers and others provision of relief to firms in statutory and regulatory compliance matters; easing of monetary policy by the RBI.
Source: PIB (Economy)
Under PM-KISAN Scheme Rs. 17,793 crores released for 8.89 crore farmer families during the lockdown
About 19.50 crores households to be distributed pulses under PMGKY
The Department of Agriculture, Cooperation and Farmers Welfare, Government of India is taking several measures to facilitate the farmers and farming activities at field level during the lockdown period. The updated status is given below:
- Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme during the lockdown period from 24.3.2020 till date, about 8.89 crore farmer families have been benefitted and an amount of Rs. 17,793 crore has been released so far.
- In order to provide food security during the prevailing situation due to COVID-19 pandemic, the Government has decided to distribute pulses to the eligible households under Pradhan Mantri Garib Kalyan Yojana (PM-GKY). About 107,077.85 MT pulses have so far been issued to the States/UTs.
- Under PMGKY, the States/UTs namely A&N, Andhra Pradesh, Chandigarh, Chhattisgarh, Daman & Diu, Goa, Gujarat have commenced the distribution of pulses to the beneficiaries. Other States like Madhya Pradesh, Punjab, Rajasthan, Telangana, West Bengal, Uttar Pradesh, and Delhi have received the partial stock and will commence the distribution to the beneficiaries in phased manner as per their plan.
- The distribution of pulses under PMGKY is to benefit around 19.50 crore household spread across 36 States and Union territories.
Source: PIB (Polity & Governance)
Rs. 481.63 Crores disbursed to 40,826 members by exempted PF trusts under PMGKY
The provision for a special withdrawal from the EPF Scheme to tide over the COVID -19 pandemic is part of the Pradhan Mantri Gareeb Kalyan Yojna (PMGKY) Scheme announced by Government and an urgent notification introduced Para 68 L (3) in the EPF Scheme for this purpose, on 28th March 2020.
Top 10 exempted establishments:
Some of the exempted establishments have also done exemplary work in this regard. As on 17.04.2020, the top 10 exempted establishments in terms of the amount disbursed for COVID-19 claims, are given below:
|SL. NO.||Establishment Name||No. of Application received in respect of COVID-19 claims||No. of COVID-19 claims settled||Amount disbursed|
|1||NEYVELI LIGNITE CORPORATION, NEYVELI, 701-CUDDALORE, 607802||3255||3255||84,44,00,000|
|2||TATA CONSULTANCY SERVICES LIMITED, Mumbai||9373||9373||43,34,04,641|
|3||VISAKHAPATNAM STEEL PLANT, Vizag||1708||1708||40,99,37,800|
|4||NTPC Limited, Delhi||925||925||28,74,21,531|
|5||HCL Technologies Ltd./Hindustan Instrument Ltd. Employees Provident Fund Trust, Gurgaon||6938||4415||27,14,03,862|
|6||POWER GRID CORPRATION OF INDIA LTD. Delhi||1263||1089||26,17,32,403|
|8||BHEL RC Puram||1367||1199||22,22,15,000|
|9||M/S BHEL Bhopal||1758||926||16,42,00,001|
|10||HINDUSTAN PETROLEUM CORPORATION LTD., Mumbai||461||461||14,33,10,000|
Source: PIB (Social Issues)
IAF’S Support Towards Fight Against Covid-19
Indian Air Force continues its active support to the nation in the fight against COVID-19.
IAF has mobilised its Transport and Rotary Wing aircraft along with the necessary support infrastructure to create and maintain ‘air-bridges’ between nodal supply bases and recipient locations across the country.
IAF has undertaken transportation of medical supplies including PPE, testing kits, sanitization material and associated equipment along with the movement by air of medical personnel.
The ‘Arogya Setu’ application is being utilised by IAF personnel and their family members as a proactive measure for keeping them safe.
As the nation takes big strides in its fight to contain and defeat the contagion, IAF reaffirms its commitment to meet all emerging needs in a professional manner.
Source: PIB (Social)