1. BrahMos Missile Test-Fired From Mobile Launcher, Hits Targets With Accuracy
India successfully test-fired an advanced version of the BrahMos land-attack cruise missile from the Car Nicobar Islands, the second such exercise since Friday.
"The land-to-land configuration of BrahMos Block-III version was test launched from a Mobile Autonomous Launcher (MAL) for its full-range of 290-km at 1330 hours," defence sources said.
Saturday's test, the 48th test firing of the missile, met all flight parameters, including high-level manoeuvres.
The supersonic cruise missile hit the designated land-based target with the desired accuracy. A similar test on Friday, too, was concluded sucessfully.
The BrahMos missile has been jointly developed by India and Russia.The multi-mission missile, having a range of 290-km and a Mach 2.8 speed, is capable of being launched from land, sea, sub-sea and air against sea and land targets.
The air version of the BrahMos is being readied for flight trials soon on Indian Air Force's Su-30 MKI strike fighter.
2. Maharashtra govt, SIDBI set up Rs. 200-cr fund for MSMEs
State-run SIDBI and the Maharashtra Government have set up a Rs. 200-crore venture capital fund with a view to providing easy financing options to micro, small and medium entrepreneurs (MSMEs), which traditionally face hurdles in formal sources of funding.
“We have set up a separate fund, the Rs. 200-crore SIDBI Social Venture Fund, to enable MSMEs in the state easy access to financing. The aim is to invest in firms to create a social impact on the common man,” SIDBI (Small Industries Development Bank of India) Venture Capital Managing Director and Chief Executive Officer Ananta Sarma told PTI.
While the state has committed to contributing Rs. 75 crore towards the fund, the rest will be raised from banks and other financial institutions.
“We will soon register the fund with the Securities and Exchange Board (SEBI), post which we will start raising funds,” he said, adding the fund will invest up to Rs. 25 crore in the MSMEs.
“The investment will be in the form of equity and we will have a share in the firm and also take risk along with the entrepreneur,” Sarma added.
3. HDFC in world’s top 10 list of consumer finance firms
Mortgage lender HDFC has emerged the only Indian company among the world’s 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard.
HDFC is ranked 7th on the list, compiled by business magazine Forbes, where American Express is placed on the top followed by Capital One Financial, Visa, Discover Financial Services and Orix in the top-five. Mastercard is ranked sixth.
HDFC is followed by CIT Group of the US at eighth position, Taiwan’s Hua Nan Financial at 9th and China’s Franshion Properties is at the 10th place.
Others ranked lower include Samsung Card, Kaisa Group, Orient, Nelnet, Jabal Omar Development and KWG Property.
The list is part of Forbes’ annual compilation of 2,000 biggest and most powerful companies globally, which includes a total of 56 companies from India across various sectors.
In the overall list, HDFC is ranked 485th, while Mukesh Ambani-led Reliance Industries leads the pack of the Indian companies at 142nd overall position.
Among other sector-specific lists, there is no Indian entity on the list of biggest major banks topped by China’s ICBC. For the regional banks, China Construction Bank tops the chart, while India’s SBI is ranked 22nd, ICICI Bank is at 29th place and HDFC Bank is at 40th position.
4. WHO declares Liberia Ebola-free
The World Health Organization (WHO) has declared Liberia free of the Ebola virus, confirming that the country has had no new cases in 42 days.
President Ellen Johnson Sirleaf told the BBC that Liberia had "crossed the Rubicon" and would be celebrating a concerted effort to stem the disease.
More than 4,700 deaths from Ebola have been recorded in Liberia, more than in any other affected country. Neighbouring Guinea and Sierra Leone continue to fight the outbreak.
It has claimed over 11,000 lives across the region since last year.
The WHO regards a country Ebola-free after a 42-day period without a new case - twice the maximum incubation period.
The last confirmed death in Liberia was on 27 March. On Saturday the World Health Organization said in a statement: "The outbreak of Ebola virus disease in Liberia is over."
5. PM Narendra Modi launches three social security schemes- 1 on pension, 2 on insurance
Prime Minister Narendra Modi launched three ambitious social security schemes, relating to the insurance and pension sector and intended at widening the process of financial inclusion.
On his first visit to West Bengal after taking over as Prime Minister, he kickstarted the "Pradhan Mantri Suraksha Bima Yojana" (accident insurance), "Pradhan Mantri Jeevan Jyoti Yojana" (life insurance) and "Atal Pension Yojana" at a programme in Nazrul Manch here.
West Bengal governor KN Tripathi, chief minister Mamata Banerjee, and Union ministers Jayant Sinha and Babul Supriyo attended the function where Modi inaugurated a plaque by pressing a remote button to launch the schemes.
An audio visual film was then shown highlighting salient features of the three schemes. The Prime Minister then handed out certificates to the first three subscribers — including two women.
Jan-Dhan to offer insurance, pension services
The Jan Suraksha Yojana, under which the schemes were launched countrywide, is expected to reduce the number of zero balance bank accounts created under the Jan-Dhan Yojana. The schemes target the poor and unorganized sector who are neither covered by any form of insurance nor get pension.
Under the accident insurance scheme, a person will be provided cover of Rs 200,000 for an annual premium of Rs 12. The cover is for accidental death or permanent total disability.
The scheme will be available to people in the age group of 18 to 70 years with a savings bank account, who give their consent to join and enable auto-debit on or before May 31 for the coverage period — June 1 to May 31 — on an annual renewal basis.
The life insurance scheme will offer a renewable one year life cover of Rs 200,000 to all savings bank account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber.
6. Big development push for Chhattisgarh: MoUs worth Rs 24,000 cr signed during PM Narendra Modi's visit
In a big push for infrastructure development in Chhattisgarh, MoUs worth Rs 24,000 crore were signed at Dantewada in the presence of Prime Minister Narendra Modi on Saturday.
From railway lines to steel plants and pipelines, the MoUs are meant to enhance development of the state. Here is a list of the MoUs that were signed:
1) MoU between Government of Chhattisgarh, NMDC, IRCON and SAIL for 140 km rail line between Rowghat and Jagdalpur. Estimated project cost: ..
2) MoU between Ministry of Steel, Government of Chhattisgarh, SAIL and NMDC for 3 million ton Ultra Mega Steel Plant with an investment of approximately Rs 18,000 crore.
3) MoU between Government of Chhattisgarh and NMDC for Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar District with an investment of Rs 4,000 crore.
4) MoU between Government of Chhattisgarh and SAIL for setting up 1MTPA Pellet Plant at Dalli-Rajh ..
India successfully test-fired an advanced version of the BrahMos land-attack cruise missile from the Car Nicobar Islands, the second such exercise since Friday.
"The land-to-land configuration of BrahMos Block-III version was test launched from a Mobile Autonomous Launcher (MAL) for its full-range of 290-km at 1330 hours," defence sources said.Saturday's test, the 48th test firing of the missile, met all flight parameters, including high-level manoeuvres.
The supersonic cruise missile hit the designated land-based target with the desired accuracy. A similar test on Friday, too, was concluded sucessfully.
The BrahMos missile has been jointly developed by India and Russia.The multi-mission missile, having a range of 290-km and a Mach 2.8 speed, is capable of being launched from land, sea, sub-sea and air against sea and land targets.
The air version of the BrahMos is being readied for flight trials soon on Indian Air Force's Su-30 MKI strike fighter.
2. Maharashtra govt, SIDBI set up Rs. 200-cr fund for MSMEs
State-run SIDBI and the Maharashtra Government have set up a Rs. 200-crore venture capital fund with a view to providing easy financing options to micro, small and medium entrepreneurs (MSMEs), which traditionally face hurdles in formal sources of funding.
“We have set up a separate fund, the Rs. 200-crore SIDBI Social Venture Fund, to enable MSMEs in the state easy access to financing. The aim is to invest in firms to create a social impact on the common man,” SIDBI (Small Industries Development Bank of India) Venture Capital Managing Director and Chief Executive Officer Ananta Sarma told PTI.
While the state has committed to contributing Rs. 75 crore towards the fund, the rest will be raised from banks and other financial institutions.
“We will soon register the fund with the Securities and Exchange Board (SEBI), post which we will start raising funds,” he said, adding the fund will invest up to Rs. 25 crore in the MSMEs.
“The investment will be in the form of equity and we will have a share in the firm and also take risk along with the entrepreneur,” Sarma added.
3. HDFC in world’s top 10 list of consumer finance firms
Mortgage lender HDFC has emerged the only Indian company among the world’s 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard.
HDFC is ranked 7th on the list, compiled by business magazine Forbes, where American Express is placed on the top followed by Capital One Financial, Visa, Discover Financial Services and Orix in the top-five. Mastercard is ranked sixth.
HDFC is followed by CIT Group of the US at eighth position, Taiwan’s Hua Nan Financial at 9th and China’s Franshion Properties is at the 10th place.
Others ranked lower include Samsung Card, Kaisa Group, Orient, Nelnet, Jabal Omar Development and KWG Property.
The list is part of Forbes’ annual compilation of 2,000 biggest and most powerful companies globally, which includes a total of 56 companies from India across various sectors.
In the overall list, HDFC is ranked 485th, while Mukesh Ambani-led Reliance Industries leads the pack of the Indian companies at 142nd overall position.
Among other sector-specific lists, there is no Indian entity on the list of biggest major banks topped by China’s ICBC. For the regional banks, China Construction Bank tops the chart, while India’s SBI is ranked 22nd, ICICI Bank is at 29th place and HDFC Bank is at 40th position.
4. WHO declares Liberia Ebola-free
The World Health Organization (WHO) has declared Liberia free of the Ebola virus, confirming that the country has had no new cases in 42 days.
President Ellen Johnson Sirleaf told the BBC that Liberia had "crossed the Rubicon" and would be celebrating a concerted effort to stem the disease.
More than 4,700 deaths from Ebola have been recorded in Liberia, more than in any other affected country. Neighbouring Guinea and Sierra Leone continue to fight the outbreak.
It has claimed over 11,000 lives across the region since last year.
The WHO regards a country Ebola-free after a 42-day period without a new case - twice the maximum incubation period.
The last confirmed death in Liberia was on 27 March. On Saturday the World Health Organization said in a statement: "The outbreak of Ebola virus disease in Liberia is over."
5. PM Narendra Modi launches three social security schemes- 1 on pension, 2 on insurance
Prime Minister Narendra Modi launched three ambitious social security schemes, relating to the insurance and pension sector and intended at widening the process of financial inclusion.
On his first visit to West Bengal after taking over as Prime Minister, he kickstarted the "Pradhan Mantri Suraksha Bima Yojana" (accident insurance), "Pradhan Mantri Jeevan Jyoti Yojana" (life insurance) and "Atal Pension Yojana" at a programme in Nazrul Manch here.
West Bengal governor KN Tripathi, chief minister Mamata Banerjee, and Union ministers Jayant Sinha and Babul Supriyo attended the function where Modi inaugurated a plaque by pressing a remote button to launch the schemes.
An audio visual film was then shown highlighting salient features of the three schemes. The Prime Minister then handed out certificates to the first three subscribers — including two women.
Jan-Dhan to offer insurance, pension services
The Jan Suraksha Yojana, under which the schemes were launched countrywide, is expected to reduce the number of zero balance bank accounts created under the Jan-Dhan Yojana. The schemes target the poor and unorganized sector who are neither covered by any form of insurance nor get pension.
Under the accident insurance scheme, a person will be provided cover of Rs 200,000 for an annual premium of Rs 12. The cover is for accidental death or permanent total disability.
The scheme will be available to people in the age group of 18 to 70 years with a savings bank account, who give their consent to join and enable auto-debit on or before May 31 for the coverage period — June 1 to May 31 — on an annual renewal basis.
The life insurance scheme will offer a renewable one year life cover of Rs 200,000 to all savings bank account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber.
6. Big development push for Chhattisgarh: MoUs worth Rs 24,000 cr signed during PM Narendra Modi's visit
In a big push for infrastructure development in Chhattisgarh, MoUs worth Rs 24,000 crore were signed at Dantewada in the presence of Prime Minister Narendra Modi on Saturday.
From railway lines to steel plants and pipelines, the MoUs are meant to enhance development of the state. Here is a list of the MoUs that were signed:
1) MoU between Government of Chhattisgarh, NMDC, IRCON and SAIL for 140 km rail line between Rowghat and Jagdalpur. Estimated project cost: ..
2) MoU between Ministry of Steel, Government of Chhattisgarh, SAIL and NMDC for 3 million ton Ultra Mega Steel Plant with an investment of approximately Rs 18,000 crore.
3) MoU between Government of Chhattisgarh and NMDC for Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar District with an investment of Rs 4,000 crore.
4) MoU between Government of Chhattisgarh and SAIL for setting up 1MTPA Pellet Plant at Dalli-Rajh ..
1. BrahMos Missile Test-Fired From Mobile Launcher, Hits Targets With Accuracy
India successfully test-fired an advanced version of the BrahMos land-attack cruise missile from the Car Nicobar Islands, the second such exercise since Friday.
"The land-to-land configuration of BrahMos Block-III version was test launched from a Mobile Autonomous Launcher (MAL) for its full-range of 290-km at 1330 hours," defence sources said.
Saturday's test, the 48th test firing of the missile, met all flight parameters, including high-level manoeuvres.
The supersonic cruise missile hit the designated land-based target with the desired accuracy. A similar test on Friday, too, was concluded sucessfully.
The BrahMos missile has been jointly developed by India and Russia.The multi-mission missile, having a range of 290-km and a Mach 2.8 speed, is capable of being launched from land, sea, sub-sea and air against sea and land targets.
The air version of the BrahMos is being readied for flight trials soon on Indian Air Force's Su-30 MKI strike fighter.
2. Maharashtra govt, SIDBI set up Rs. 200-cr fund for MSMEs
State-run SIDBI and the Maharashtra Government have set up a Rs. 200-crore venture capital fund with a view to providing easy financing options to micro, small and medium entrepreneurs (MSMEs), which traditionally face hurdles in formal sources of funding.
“We have set up a separate fund, the Rs. 200-crore SIDBI Social Venture Fund, to enable MSMEs in the state easy access to financing. The aim is to invest in firms to create a social impact on the common man,” SIDBI (Small Industries Development Bank of India) Venture Capital Managing Director and Chief Executive Officer Ananta Sarma told PTI.
While the state has committed to contributing Rs. 75 crore towards the fund, the rest will be raised from banks and other financial institutions.
“We will soon register the fund with the Securities and Exchange Board (SEBI), post which we will start raising funds,” he said, adding the fund will invest up to Rs. 25 crore in the MSMEs.
“The investment will be in the form of equity and we will have a share in the firm and also take risk along with the entrepreneur,” Sarma added.
3. HDFC in world’s top 10 list of consumer finance firms
Mortgage lender HDFC has emerged the only Indian company among the world’s 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard.
HDFC is ranked 7th on the list, compiled by business magazine Forbes, where American Express is placed on the top followed by Capital One Financial, Visa, Discover Financial Services and Orix in the top-five. Mastercard is ranked sixth.
HDFC is followed by CIT Group of the US at eighth position, Taiwan’s Hua Nan Financial at 9th and China’s Franshion Properties is at the 10th place.
Others ranked lower include Samsung Card, Kaisa Group, Orient, Nelnet, Jabal Omar Development and KWG Property.
The list is part of Forbes’ annual compilation of 2,000 biggest and most powerful companies globally, which includes a total of 56 companies from India across various sectors.
In the overall list, HDFC is ranked 485th, while Mukesh Ambani-led Reliance Industries leads the pack of the Indian companies at 142nd overall position.
Among other sector-specific lists, there is no Indian entity on the list of biggest major banks topped by China’s ICBC. For the regional banks, China Construction Bank tops the chart, while India’s SBI is ranked 22nd, ICICI Bank is at 29th place and HDFC Bank is at 40th position.
4. WHO declares Liberia Ebola-free
The World Health Organization (WHO) has declared Liberia free of the Ebola virus, confirming that the country has had no new cases in 42 days.
President Ellen Johnson Sirleaf told the BBC that Liberia had "crossed the Rubicon" and would be celebrating a concerted effort to stem the disease.
More than 4,700 deaths from Ebola have been recorded in Liberia, more than in any other affected country. Neighbouring Guinea and Sierra Leone continue to fight the outbreak.
It has claimed over 11,000 lives across the region since last year.
The WHO regards a country Ebola-free after a 42-day period without a new case - twice the maximum incubation period.
The last confirmed death in Liberia was on 27 March. On Saturday the World Health Organization said in a statement: "The outbreak of Ebola virus disease in Liberia is over."
5. PM Narendra Modi launches three social security schemes- 1 on pension, 2 on insurance
Prime Minister Narendra Modi launched three ambitious social security schemes, relating to the insurance and pension sector and intended at widening the process of financial inclusion.
On his first visit to West Bengal after taking over as Prime Minister, he kickstarted the "Pradhan Mantri Suraksha Bima Yojana" (accident insurance), "Pradhan Mantri Jeevan Jyoti Yojana" (life insurance) and "Atal Pension Yojana" at a programme in Nazrul Manch here.
West Bengal governor KN Tripathi, chief minister Mamata Banerjee, and Union ministers Jayant Sinha and Babul Supriyo attended the function where Modi inaugurated a plaque by pressing a remote button to launch the schemes.
An audio visual film was then shown highlighting salient features of the three schemes. The Prime Minister then handed out certificates to the first three subscribers — including two women.
Jan-Dhan to offer insurance, pension services
The Jan Suraksha Yojana, under which the schemes were launched countrywide, is expected to reduce the number of zero balance bank accounts created under the Jan-Dhan Yojana. The schemes target the poor and unorganized sector who are neither covered by any form of insurance nor get pension.
Under the accident insurance scheme, a person will be provided cover of Rs 200,000 for an annual premium of Rs 12. The cover is for accidental death or permanent total disability.
The scheme will be available to people in the age group of 18 to 70 years with a savings bank account, who give their consent to join and enable auto-debit on or before May 31 for the coverage period — June 1 to May 31 — on an annual renewal basis.
The life insurance scheme will offer a renewable one year life cover of Rs 200,000 to all savings bank account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber.
6. Big development push for Chhattisgarh: MoUs worth Rs 24,000 cr signed during PM Narendra Modi's visit
In a big push for infrastructure development in Chhattisgarh, MoUs worth Rs 24,000 crore were signed at Dantewada in the presence of Prime Minister Narendra Modi on Saturday.
From railway lines to steel plants and pipelines, the MoUs are meant to enhance development of the state. Here is a list of the MoUs that were signed:
1) MoU between Government of Chhattisgarh, NMDC, IRCON and SAIL for 140 km rail line between Rowghat and Jagdalpur. Estimated project cost: ..
2) MoU between Ministry of Steel, Government of Chhattisgarh, SAIL and NMDC for 3 million ton Ultra Mega Steel Plant with an investment of approximately Rs 18,000 crore.
3) MoU between Government of Chhattisgarh and NMDC for Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar District with an investment of Rs 4,000 crore.
4) MoU between Government of Chhattisgarh and SAIL for setting up 1MTPA Pellet Plant at Dalli-Rajh ..
India successfully test-fired an advanced version of the BrahMos land-attack cruise missile from the Car Nicobar Islands, the second such exercise since Friday.
"The land-to-land configuration of BrahMos Block-III version was test launched from a Mobile Autonomous Launcher (MAL) for its full-range of 290-km at 1330 hours," defence sources said.Saturday's test, the 48th test firing of the missile, met all flight parameters, including high-level manoeuvres.
The supersonic cruise missile hit the designated land-based target with the desired accuracy. A similar test on Friday, too, was concluded sucessfully.
The BrahMos missile has been jointly developed by India and Russia.The multi-mission missile, having a range of 290-km and a Mach 2.8 speed, is capable of being launched from land, sea, sub-sea and air against sea and land targets.
The air version of the BrahMos is being readied for flight trials soon on Indian Air Force's Su-30 MKI strike fighter.
2. Maharashtra govt, SIDBI set up Rs. 200-cr fund for MSMEs
State-run SIDBI and the Maharashtra Government have set up a Rs. 200-crore venture capital fund with a view to providing easy financing options to micro, small and medium entrepreneurs (MSMEs), which traditionally face hurdles in formal sources of funding.
“We have set up a separate fund, the Rs. 200-crore SIDBI Social Venture Fund, to enable MSMEs in the state easy access to financing. The aim is to invest in firms to create a social impact on the common man,” SIDBI (Small Industries Development Bank of India) Venture Capital Managing Director and Chief Executive Officer Ananta Sarma told PTI.
While the state has committed to contributing Rs. 75 crore towards the fund, the rest will be raised from banks and other financial institutions.
“We will soon register the fund with the Securities and Exchange Board (SEBI), post which we will start raising funds,” he said, adding the fund will invest up to Rs. 25 crore in the MSMEs.
“The investment will be in the form of equity and we will have a share in the firm and also take risk along with the entrepreneur,” Sarma added.
3. HDFC in world’s top 10 list of consumer finance firms
Mortgage lender HDFC has emerged the only Indian company among the world’s 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard.
HDFC is ranked 7th on the list, compiled by business magazine Forbes, where American Express is placed on the top followed by Capital One Financial, Visa, Discover Financial Services and Orix in the top-five. Mastercard is ranked sixth.
HDFC is followed by CIT Group of the US at eighth position, Taiwan’s Hua Nan Financial at 9th and China’s Franshion Properties is at the 10th place.
Others ranked lower include Samsung Card, Kaisa Group, Orient, Nelnet, Jabal Omar Development and KWG Property.
The list is part of Forbes’ annual compilation of 2,000 biggest and most powerful companies globally, which includes a total of 56 companies from India across various sectors.
In the overall list, HDFC is ranked 485th, while Mukesh Ambani-led Reliance Industries leads the pack of the Indian companies at 142nd overall position.
Among other sector-specific lists, there is no Indian entity on the list of biggest major banks topped by China’s ICBC. For the regional banks, China Construction Bank tops the chart, while India’s SBI is ranked 22nd, ICICI Bank is at 29th place and HDFC Bank is at 40th position.
4. WHO declares Liberia Ebola-free
The World Health Organization (WHO) has declared Liberia free of the Ebola virus, confirming that the country has had no new cases in 42 days.
President Ellen Johnson Sirleaf told the BBC that Liberia had "crossed the Rubicon" and would be celebrating a concerted effort to stem the disease.
More than 4,700 deaths from Ebola have been recorded in Liberia, more than in any other affected country. Neighbouring Guinea and Sierra Leone continue to fight the outbreak.
It has claimed over 11,000 lives across the region since last year.
The WHO regards a country Ebola-free after a 42-day period without a new case - twice the maximum incubation period.
The last confirmed death in Liberia was on 27 March. On Saturday the World Health Organization said in a statement: "The outbreak of Ebola virus disease in Liberia is over."
5. PM Narendra Modi launches three social security schemes- 1 on pension, 2 on insurance
Prime Minister Narendra Modi launched three ambitious social security schemes, relating to the insurance and pension sector and intended at widening the process of financial inclusion.
On his first visit to West Bengal after taking over as Prime Minister, he kickstarted the "Pradhan Mantri Suraksha Bima Yojana" (accident insurance), "Pradhan Mantri Jeevan Jyoti Yojana" (life insurance) and "Atal Pension Yojana" at a programme in Nazrul Manch here.
West Bengal governor KN Tripathi, chief minister Mamata Banerjee, and Union ministers Jayant Sinha and Babul Supriyo attended the function where Modi inaugurated a plaque by pressing a remote button to launch the schemes.
An audio visual film was then shown highlighting salient features of the three schemes. The Prime Minister then handed out certificates to the first three subscribers — including two women.
Jan-Dhan to offer insurance, pension services
The Jan Suraksha Yojana, under which the schemes were launched countrywide, is expected to reduce the number of zero balance bank accounts created under the Jan-Dhan Yojana. The schemes target the poor and unorganized sector who are neither covered by any form of insurance nor get pension.
Under the accident insurance scheme, a person will be provided cover of Rs 200,000 for an annual premium of Rs 12. The cover is for accidental death or permanent total disability.
The scheme will be available to people in the age group of 18 to 70 years with a savings bank account, who give their consent to join and enable auto-debit on or before May 31 for the coverage period — June 1 to May 31 — on an annual renewal basis.
The life insurance scheme will offer a renewable one year life cover of Rs 200,000 to all savings bank account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber.
6. Big development push for Chhattisgarh: MoUs worth Rs 24,000 cr signed during PM Narendra Modi's visit
In a big push for infrastructure development in Chhattisgarh, MoUs worth Rs 24,000 crore were signed at Dantewada in the presence of Prime Minister Narendra Modi on Saturday.
From railway lines to steel plants and pipelines, the MoUs are meant to enhance development of the state. Here is a list of the MoUs that were signed:
1) MoU between Government of Chhattisgarh, NMDC, IRCON and SAIL for 140 km rail line between Rowghat and Jagdalpur. Estimated project cost: ..
2) MoU between Ministry of Steel, Government of Chhattisgarh, SAIL and NMDC for 3 million ton Ultra Mega Steel Plant with an investment of approximately Rs 18,000 crore.
3) MoU between Government of Chhattisgarh and NMDC for Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar District with an investment of Rs 4,000 crore.
4) MoU between Government of Chhattisgarh and SAIL for setting up 1MTPA Pellet Plant at Dalli-Rajh ..
Thanx Sir
ReplyDelete