Thursday, July 12, 2012

Indian Community Welfare Fund


Indian Community Welfare Fund
The Government of India provides budgetary support for the setting up of the fund in Indian Missions with allocations ranging from Rs.5-15 lakh So far as the corpus of such fund is concerned. The Ministry’s contribution is initially for a period of 3 years or till the period the fund becomes self sustaining whichever is earlier. The amount is released annually and is limited to meet the deficit in the financial resources of the Missions, with due regard to the utilization of the amount released during previous years. Funds raised by the Indian Missions by levying a service charge on Consular Services and voluntary contributions by the Indian community. 

Kabir Puraskar Awards


Kabir Puraskar Awards
The Kabir Puraskar Scheme was introduced in 1990. Under this a National Award designated as “KABIR PURASKAR” has been instituted is in three grades. These are: Grade-I Rs. 2,00,000/- (Rupees Two lakh only), Grade-II Rs, 1,00,000/- (Rupess One Lakh only) and Grade III Rs. 50,000/- (Rupees Fifty Thousand only). A certificate with suitable citation is also awarded to the recipients. 

The Puraskar is given for the conspicuous acts of physical/moral courage displayed under circumstances of danger to the life of the rescuer in saving the lives and properties of member(s) of another community, caste or ethnic group during communal riots, caste conflicts or ethic clashes. 

Interested persons have to approach the respect State Governments/UTs for their nominations as the Puraskar is given by the Ministry of Home Affairs on the basis of the nominations received from the respect State Governments/UTs. The award is announced on 2nd October each year. 

Investment tracking system


Prime Minister sets up an Investment Tracking System
In order to address the issue of major investment projects being delayed for a variety of reasons, the Prime Minister has approved the setting up of an Investment Tracking System to ensure speedy implementation of such projects.
2. In pursuance of this, an Investment Tracking System has been put in place whereby –

(a)
National Manufacturing Competitiveness Council shall track all Public Sector projects with an investment of ` 1000 crore and above. The National Manufacturing Competitiveness Council shall submit a quarterly statement of all projects monitored and any issues identified that need resolution, either systemically or individually. 

(b) The
Department of Financial Services shall monitor projects with an investment of ` 1000 crore and above in the private sector. The Department would use data available with the banking sector for this purpose. The Department shall submit a quarterly statement of all projects monitored and issues identified that need resolution, either systemically or individually. 

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