The government will soon launch an umbrella programme 'SAMPADA' for food processing sector with
Rs. 6,000 crore outlay to integrate current and new schemes aimed at reducing food wastage
and doubling farmers' income.
Food Processing Minister Harsimrat Kaur Badal said her ministry would soon approach the
Cabinet for the approval of 'Scheme for Agro-Marine Produce Processing and Development
of Agro-Processing Clusters (SAMPADA).'
The Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in
tie-up with YES Bank.
The 'Manappuram YES Bank Prepaid Money Card' can be pre-loaded up to a maximum amount of
Rs. 50,000 and then be used to withdraw money from all ATMs.
As the card works on the popular MasterCard and RuPay networks, it can also be used for
online transactions and at merchant establishments with PoS terminals.
Statistics Minister DV Sadananda Gowda said that The Centre will undertake periodic labour
surveys so as to arrive at quarterly employment data.
Finance Minister Arun Jaitley said that The Income Tax department carried out over 1100
searches and surveys immediately after demonetisation and detected undisclosed income of over Rs.
5,400 crore.
Seizure in cash in new currency was about Rs. 110 crore.
The undisclosed income detected in these actions was more than Rs. 5,400 crore.
Power Ministry launched Online portal for notifying electricity outages to rural consumers.
The mobile app will collate information from feeder level power distribution units and
notify registered consumers through SMS messages and through 'push notifications'.
This will help in better monitoring of rural electrification.
BHEL has bagged an order from Indian Railways for installing 2 MW rooftop solar photovoltaic
systems at Diesel Locomotive Modernisation Works (DMW) in Patiala.
It envisages design, supply, installation, testing and commissioning of a grid connected
rooftop solar photovoltaic power plant with all electrical and associated equipment, including
civil works.
It also includes operations and maintenance for five years.
State Bank of India is planning to form a joint venture company to ramp up its merchant
acquiring business.
India's largest bank is seeing a huge opportunity in merchant acquiring business (MAB) in the
wake of the government's push for digital and card payments to build a 'less cash'
economy following demonetisation.
Malala Yousafzai attends a ceremony with United Nations Secretary General Antonio Guterres
after being selected as United Nations messenger of peace in New York.
United Nations Secretary General Antonio Guterres appointed Nobel laureate Malala Yousafzai
a UN Messenger of Peace on Monday to promote girls education.
In a collaborative initiative by Central Board
Direct Taxes and Ministry of Company Affairs MCA, Permanent Account Number (PAN) and Tax
Deduction Account Number (TAN) will be issued in one day to business entities.
The initiative will reduce the time taken for allotment as well as number of processes
for registration and contribute towards Ease of doing business in India.
















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