About:

• In the Union Budget for 2021-22, Union Finance Minister had announced privatisation of two PSBs besides IDBI Bank. However, this year’s Budget Speech had skipped the mention of the progress made for the privatisation of two PSBs.
• Even as the NITI Aayog has suggested names of two PSBs for privatisation, the Centre is yet to make an enabling provision in the law for the divestment of the government’s stake sale below the 51 per cent threshold.
• The government had listed the introduction of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, in the Winter Session, but the Bill was not tabled. The Aayog had reportedly suggested privatisation of Central Bank of India and Indian Overseas Bank.
• According to the amendments to the Banking Companies Act moved last year, the government is looking to retain at least 26 per cent stake in PSBs post privatisation.

Procedure

• The approval to privatise the two PSBs is yet to be considered by the Core Group of Secretaries on Divestment (CGD) headed by cabinet secretary.
• Once approved by the CGD, the proposal will be sent to the Alternative Mechanism (AM) that comprises Union Finance Minister Sitharaman and Union Minister of Roads Nitin Gadkari.
• After their nod, the Cabinet will take up the proposal. 

About:

• The regulations had in the recent past been a point of debate with relation to Indian students who were forced to return due to the Ukraine crisis.
• The Bench upheld the regulatory validity of the National Medical Commission (Foreign Medical Graduate Licentiate) Regulations, 2021 and the National Medical Commission (Compulsory Rotating Medical Internship) Regulations, 2021.
• The first one requires the foreign medical graduates (FMGs)
  • to undergo a medical course for a minimum of 54 months and an internship for a minimum duration of 12 months in the same foreign medical institution;
  • to register with a professional regulatory body competent to grant licence in the same foreign country and further undergo a supervised 12-month internship in India after applying to the National Medical Commission.
• The second lists rigorous conditions for internship in India for the FMGs. 

About:

• Coal consumption needs to come down as the power sector in India accounts for 49% of total carbon dioxide emissions, compared with the global average of 41%.
• As of February 2022, the installed capacity for coal-based power generation across the country was 2.04 lakh MW. This accounts for about 51.5% of power from all sources. Natural gas has been dubbed as the transition fuel.
• As per a letter by the power Ministry, Coal India, the country’s largest supplier of the dry fuel is set to import coal for the first time since 2015. The aim of the exercise is to avoid a repeat of the power outage crisis that India faced in April. 

About:

• The Vice President's visit to Gabon and to Senegal will add momentum to India's engagement with Africa and also emphasise its commitment to the African continent.
• The visit to Qatar, as both sides prepare to celebrate the 50th anniversary of the establishment of diplomatic relations, will further enhance the bilateral ties.
• Gabon is a country on the west coast of Central Africa. Located on the equator, Gabon is bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo on the east and south, and the Gulf of Guinea to the west. Gabon's capital is Libreville.
• Senegal is a country in West Africa. Senegal is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. Senegal's capital is Dakar. 

About:

• The two Cardinals from India are Archbishop Filipe Neri António Sebastião di Rosário Ferrão, Archbishop of Goa and Damão and -Archbishop Anthony Poola, Archbishop of Hyderabad.
• These cardinals represent the Church worldwide, and reflect a wide variety of cultures, contexts and pastoral ministries.
• He also said that he will meet from August 29 and 30 with all the cardinals to reflect on the new Apostolic Constitution Praedicate evangelium.
• A cardinal (literally "cardinal of the Holy Roman Church") is a senior member of the clergy of the Catholic Church, immediately behind the pope in the order of precedence. Collectively, they constitute the College of Cardinals, and are appointed for life. 

About:

• The state’s output for the 2021-22 crushing year (October-September) is expected at 138 lakh tonnes (lt). That is an all-time-high, beating the previous 107.21 lt of 2018-19.
• This record production is attributed to three factors.
• The first is the bountiful rainfall since the 2019 southwest monsoon.
• The second is higher yields from farmers taking extra care of their crop.
• The third factor is a huge jump in “unregistered” cane cultivation. The large “unregistered” area has meant that there is un-harvested cane still in the fields and mills will continue to crush till the first week of June. 

About:

• Youth from democratic countries come to India under the Gen Next Democracy Network programme. During the programme, they get acquainted with India's heritage, culture and functioning of Indian democracy.
• In the closing ceremony, 27 delegates from six countries- Ghana, Bangladesh, Peru, Nepal, Brunei and Norway shared their experiences of visiting India.

Indian Council for Cultural Relations (ICCR)

• The Indian Council for Cultural Relations (ICCR), is an autonomous organisation of the Government of India. The ICCR Headquarter is situated in New Delhi.
• It was founded in 1950 by Maulana Abul Kalam Azad, the first Education Minister of independent India. It is involved in India's global cultural relations, through cultural exchange with other countries and their people.
• The council also operates missions internationally, with established cultural centres in various countries. It also administers the Jawaharlal Nehru Award for International Understanding, established by the Government of India in 1965, whose last award was in 2009. 

About:

• Prime Minister of India had earlier launched the PM CARES for Children Scheme in 2021.
• Under this Scheme, an initiative was started in Feb 2022 to provide financial assistance to support such children who have lost both the Parents or legal Guardian or Adoptive Parents or Surviving Parent to COVID-19 pandemic.
• In line with the above initiative, the Department of Social Justice & Empowerment, Ministry of Social Justice & Empowerment has decided to provide scholarship assistance to such Children who have lost both the Parents or legal Guardian or Adoptive Parents or Surviving Parent to COVID-19 pandemic  to continue their education without any hindrance.
• Accordingly, a new Scheme was formulated for the purpose namely; SCHOLARSHIP FOR PM CARES CHILDREN as a Central Sector Scheme.
• Under the Scheme Scholarship allowance  would  be ₹20,000/- per child per annum which will comprise monthly allowance of  ₹1,000 per month and  Annual academic allowance of Rs. 8,000 to cover the entire school fees, cost of the books and uniform, shoes and other educational equipment.
• The Scholarship will be disbursed through DBT to the Children from Class 1std  until they pass out the 12 std Class. 

About:

• Red Sanders is a flora-species that is endemic to a distinct tract of forests in Eastern Ghats region of Andhra Pradesh and fall under ‘endangered list’ in the International Union for Conservation of Nature (IUCN) Red List.
• Red Sanders is also listed in Appendix-II of the Convention on International Trade in Endangered Species of Wildlife Fauna and Flora (CITES).
• Its rich hue and therapeutic properties are responsible for its high demand across Asia, particularly China, for use in cosmetics, medicinal products and high-end furniture/woodcraft.
• The export of Red Sanders from India is prohibited as per the Foreign Trade Policy. 

About:

• PARAM ANANTA supercomputing facility is established under Phase 2 of the National Supercomputing Mission (NSM) - a joint initiative of Ministry of Electronics and Information Technology (MeitY) and Department of Science and Technology (DST).
• It is a 838 TeraFlops Supercomputing Facility and is based on Direct Contact Liquid Cooling technology.
• Under NSM, till date 15 supercomputers have been installed across the nation with aggregate compute capacity of 24 petaflops. All these supercomputers have been manufactured in India and operating on indigenously developed software stack developed by Centre for Development in Advanced Computing (C-DAC).

About:

• The state government had in March given a go-head for coal mining in an area of 1,136 hectares under the second phase of Parsa East-Kete Basan (PEKB) coal block.
• A sprawling forest in the northern part of Chhattisgarh, Hasdeo Arand is known for its biodiversity and also its coal deposits.
• The forest falls under Korba, Sujapur and Sarguja districts with sizeable tribal population.
• The Hasdeo river, a tributary of Mahanadi, flows through it.
• Released in 2021, a report on the region by the Indian Council of Forestry Research and Education (ICFRE) termed Hasdeo Arand the “largest un-fragmented forests in Central India consisting of pristine Sal (Shorea robusta) and teak forests.” 

About:

• The bilateral trade between the U.S. and India stood at $119.42 billion in 2021-22 as against $80.51 billion in 2020-21.
• Exports to the U.S. increased to $76.11 billion in 2021-22 from $51.62 billion in the previous fiscal year, while imports rose to $43.31 billion from about $29 billion.
• Experts believe that the trend of increasing bilateral trade with the U.S. will continue in the coming years also as New Delhi and Washington are engaged in strengthening economic ties.
• India has joined a U.S.-led initiative to set up an Indo-Pacific Economic Framework (IPEF) and this move would help boost economic ties further.

India-China trade

• During 2021-22, India’s two-way commerce with China aggregated at $115.42 billion as compared to $86.4 billion in 2020-21.
• Exports to China marginally increased to $21.25 billion last fiscal year from $21.18 billion in 2020-21, while imports jumped to $94.16 billion from about $65.21 billion in 2020-21.
• Trade gap rose to $72.91 billion in 2021-22 from $44 billion in the previous fiscal year. 

About:

• The West Nile Virus is a mosquito-borne, single-stranded RNA virus.
• It is “a member of the flavivirus genus and belongs to the Japanese Encephalitis antigenic complex of the family Flaviviridae”.
• Culex species of mosquitoes act as the principal vectors for transmission.
• It is transmitted by infected mosquitoes between and among humans and animals, including birds, which are the reservoir host of the virus.
• WNV can also spread through blood transfusion, from an infected mother to her child, or through exposure to the virus in laboratories.
• It is not known to spread by contact with infected humans or animals. To date, no human-to-human transmission of WNV through casual contact has been documented.
• The disease is asymptomatic in 80% of the infected people. In rest of the 20% cases, the symptoms include fever, headache, fatigue, body aches, nausea, rash, and swollen glands.
• This vector-borne disease can be prevented by protecting one-self from mosquito bites.
• Other steps are wearing clothing that acts as a barrier to exposure to bites, reducing breeding sites, covering water storage containers and eliminating puddles and drainage of places where water accumulates. 

About:

• The Bandhan Express between Kolkata and Khulna was also resumed with the flagging off of the train at Kolkata. It reached Benapole railway station around 9.45 a.m. local time.
• The newly introduced train Mitali Express between New Jalpaiguri and Dhaka will be flagged off jointly by the Railway Ministers of India and Bangladesh on June 1. The train will not have any commercial stoppage between Dhaka and New Jalpaiguri.
• Passenger train services between the two countries had remained suspended for over two year after the outbreak of Covid-19 pandemic in 2020.
• The resumption of the train services was eagerly awaited in Bangladesh as it provides a convenient and cheap mode of connectivity for the people travelling from Bangladesh to India and back. 

About:

• The gift was a special Thanjavur Doll, which is scripting a new saga of women empowerment as Women's Self-Help Groups' stores and kiosks are opening up in Thanjavur.
• With the help of such kiosks and stores, women are now able to sell their products directly to the customers. The initiative has been named 'Tharagaigal Kaivinai Porutkal Virpanai Angadi'.
• The Thanjavur doll is a type of traditional Indian bobblehead or roly-poly toy made of terracotta material.
• The centre of gravity and total weight of the doll is concentrated at its bottom-most point, generating a dance-like continuous movement with slow oscillations.
• These toys are traditionally handmade, finished with detailed, painted exteriors.
• They have been recognized as a Geographical Indication by the Government of India as of 2008-09. 

About:

• This will streamline the entire process right from the time of inviting application for courses till the stage of issue of recognition orders including the inspection of institutions.
• The applications for the recently launched four years Integrated Teacher Education Programmes will be processed on this portal.
• This portal will bring a paradigm shift in the functioning of NCTE. It aims to provide an automated robust framework thereby enhancing accountability, transparency and ease of doing business. 

About:

• Addressing the “Natural Allies in Development and Interdependence (NADI)” conclave here, she said the Union government had been pumping in huge money to develop a number of infrastructure projects throughout the region.
• The Centre is carrying out 20 railway projects worth ₹74,000 crore for 2,011 km, which are spread across the northeast.
• The Centre is also developing 4,000 km of roads in the region at a total cost of ₹58,000 crore.
• There are 15 ongoing air connectivity projects in the northeast, costing around ₹2,200 crore.
• India and Bangladesh had 50 riverine systems which could be leveraged for all types of transportation as the cost of travel through water was the least when compared to air, road and rail networks.
• The government is further developing the National Waterways (NW)-1 on the Ganga, NW-2 on the Brahmaputra and NW-16 on the Barak. The entire area between Sadiya and Dhubri in Assam along the Brahmaputra was being developed for better connectivity.
• The Eastern Waterways Connectivity Transport Grid, once completed, will offer seamless connectivity not only between the northeast and the rest of India but also on the subcontinent. 

About:

• It proposes the launch of a non-personal data based India datasets programme and addresses the methods and rules to ensure that non-personal and anonymised data from both government and private entities are safely accessible by the research and innovation ecosystem.
• The Framework will be of interest to artificial intelligence (AI) start-ups, AI research entities, and government departments.
• it would also accelerate digital government and digitisation of government with common standards, rules and guidelines for data storage and management across all departments. 

About:

• “All That Breathes” is about two Delhi brothers Nadeem and Saud who, amid the city’s worsening air and deteriorating social fabric, devote their lives to saving migratory black kites that are at the mercy of mankind’s unthinking ways.
• Sen’s win is India’s second in Cannes in two years. In 2021, Payal Kapadia’s “A Night of Knowing Nothing”, which played in the parallel Semaine de la Critique (Cannes Critics’ Week) took home the L’Oeil d’Or. 

About:

• This biotech park will carry out research on biodiversity, medicinal and aromatic plants of Jammu and Kashmir and Ladakh, and it will also promote green category businesses.
• The biotechnology park at Kathua has a potential to produce 25 startups in a year which will be among its great contributions to this region.
• The work on the two Industrial Biotech Parks, one at Ghatti, Kathua, Jammu and other in Handwara, Kashmir jointly funded by department of Biotechnology, Govt. of India, Ministry of Science & Technology and Jammu & Kashmir Science, Technology & Innovation Council was started in February 2019.
• CSIR-Indian Institute of Integrative Medicine, (CSIR-IIIM) Jammu has been entrusted with the responsibility of implementation of this project. 

About:

• ANIC is a flagship program of Atal Innovation Mission, NITI Aayog.
• The program aims to seek, select, support and nurture technology-based innovations that solve sectoral challenges of national importance and societal relevance.
• Each ANIC winner will be eligible for a funding of up to INR 1 crore.
• The sectors in which ANIC 2.0 launched the challenges include E-mobility, Road Transportation, Space Technology and Application, Sanitation, Medical Devices and Equipment, Waste Management and Agriculture.
• The first edition of the ANIC program received more than 1000 applications for 24 challenges and is currently supporting 30+ startups through grants, partnerships, networking, tech support, mentorship, infrastructure and access to investors. 

About:

• The three All India Services (IAS, IPS, Indian Forest Service) are governed by the All India Service Conduct Rules, 1968.
• There are 23 Rules in all, which have been amended 37 times since they were first notified.
• The other civil services are governed by the Central Civil Services (CCS) Conduct Rules, 1964, which comprise 25 Rules which have seen 44 amendments so far.
• The overarching Rule for civil servants is: “Every member of the Service shall at all times maintain absolute integrity and devotion to duty and shall do nothing which is unbecoming of a member of the Service". 

About:

• The Prime Minister’s Special Scholarship Scheme (PMSSS) was introduced by the Congress-led UPA government in 2011 to provide funding to 5,000 meritorious students each year to study in private and government educational institutions across the country.
• Aimed at promoting employment opportunities for students from J&K and Ladakh, the scheme, with an annual budget of ₹180 crore to ₹190 crore, is implemented by the All India Council for Technical Education (AICTE).
• The term of the scheme was due to end last year, but the Central government decided to extend it for another five years for the benefit of students.
• The scheme offers 4,500 seats for general education courses (Bachelor’s in Arts, Commerce and Science), and 250 each for engineering and medical degrees.
• While the scholarship offered for general education courses is ₹1.3 lakh, including a ₹1 lakh maintenance fee to cover hostel and mess charges, it is ₹2.25 lakh for engineering and ₹4 lakh for medical degrees. 

About:

• The Consumer Affairs Ministry, along with the Advertising Standards Council of India (ASCI), held a virtual meeting with stakeholders, including e-commerce entities, to discuss the magnitude of fake reviews on their platforms.
• Fake reviews mislead consumers into buying online products and services. The Department of Consumer Affairs will develop these frameworks after studying the present mechanism being followed by the e-commerce entities in India and best practices available globally.
• Since e-commerce involves a virtual shopping experience without any opportunity to physically view or examine the product, consumers heavily rely on reviews posted on platforms to see the opinion and experience of users who have already purchased the product or service. 

About:

• The global body has based its findings on a sustainable cities integrated approach pilot project, as part of which the “sustainable urban planning and management” component was implemented in collaboration with the Jaipur Development Authority and Jaipur Greater Municipal Corporation.
• Jaipur has received an overall sustainability rating of three on the Urban Sustainability Assessment Framework (USAF) on the basis of data collected for 87 of its 131 parameters.
• Experts have identified urban sectors where the city needs to pay maximum attention, and made recommendations to increase its green cover, strengthen urban biodiversity, and enhance the quality of life for citizens.
• The project has received funding from the Global Environment Facility (GEF-6) to estimate the carbon sequestration potential of Indian cities.
• Mitigating urban sprawl remains a major challenge in the State capital, with the UN body emphasising the concept of a compact city with re-development and re-densification of the existing urban areas.
• As an indirect measure to curb development on the city’s outskirts, linking the distance from the main city to the development charges imposed on citizens could be considered.

About:

• INS Gomati derives her name from the vibrant river Gomti and was commissioned on 16 April 1988 by the then Defence Minister, KC Pant, at Mazgaon Dock Ltd, Bombay.
• The third ship of the Godavari class guided-missile frigates, INS Gomati was also the oldest warrior of the Western Fleet when decommissioned.
• During her service, she participated in Operations Cactus, Parakram and Rainbow, and several bilateral and multinational naval exercises.
• For her remarkable spirit and stellar contribution to national maritime security, she was twice awarded the coveted Unit Citation, once in 2007-08 and again in 2019-20. 

About:

• The basic objective of this MoU is to establish a framework to facilitate and enhance bilateral cooperation on climate action, and also contributes towards implementing the Paris Agreement 2015.
• The Paris Agreement was signed in 2015 at the end of the annual climate change conference for global collective efforts at reducing carbon emissions to restrict global temperature rise to preferably 1.5 degrees Celsius as compared to the pre-industrial area. 

About:

• Several industry leaders, government officials, foreign diplomats, representatives from Public Sector Units, private companies and drone start-ups are participating in the Mahotsav. They will deliberate upon India’s Civil Aviation sector.
• PM Modi highlighted the importance of drone technology in the fields of defence, disaster management, agriculture, tourism, film and entertainment. He said that the use of this technology is bound to increase in the coming days.
• Appreciating the use of drones in PM-SVAMITVA scheme, he said, 65 lakh property cards have been generated with the help of drones.
• Drone industry in India is estimated to achieve 15 thousand crore rupees turnover by the year 2026. He also narrated the use of drones in his official decision making through examples of PRAGATI reviews and Kedarnath projects.

About:

• Tomb of Sand is the first book originally written in any Indian language to win the International Booker Prize, and the first novel translated from Hindi to be recognised by the award.
• Set in northern India, the novel follows the adventures of an 80-year-old woman who unexpectedly gains a new, and highly unconventional, lease of life.
• Shree and Rockwell will split the £50,000 prize money, giving the author and translator equal recognition. This book has also won the English PEN translation award.

Do you know?

• In 2005, the International Booker Prize opened for English translations of foreign language books and from 2016 onwards, it equally recognised the work of both author and translator.
• The award is given every year to a book translated into English and published in Britain or Ireland.
• It’s distinct from the Booker Prize, which has been won by Indian writers like Arundhati Roy and Aravind Adiga in the past. 

About:

• This can improve data encryption and provide improved security for sensitive digital data such as credit card details, passwords and other personal information. The study describing the device has been published in the journal ACS Nano.
• Cryptographic keys are typically generated in computers using pseudorandom number generators, which rely on mathematical formulae or pre-programmed tables to produce numbers that appear random but are not. In contrast, a TRNG extracts random numbers from inherently random physical processes, making it more secure.
• In IISc’s TRNG device, random numbers are generated using the random motion of electrons.
• It consists of an artificial electron trap constructed by stacking atomically-thin layers of materials like black phosphorus and graphene. 

About:

• Based on the Vande Bharat platform, the 16-coach ‘Gati Shakti’ train will be able to run at 160 km/hour, and will be manufactured at the Integral Coach Factory (ICF) in Chennai.
• The overall target of 25 such trains had been set. The final number of trains would depend on how the initial trains will be received by market.

Focus on e-commerce

• With these trains, the Railways plans to target the e-commerce and courier parcel segment.
• With the turnover of $50 billion in 2020, India had become the 8th largest market for e-commerce. India’s e-commerce market is expected to reach $111 billion by 2024, $200 billion by 2026 and expected to reach $350 billion by 2030. 

About:

• Sela macaque (Macaca selai), the new-to-science primate was identified and analysed by a team of experts from the Zoological Survey of India (ZSI) and the University of Calcutta.
• Their study has been published in the latest edition of Molecular Phylogenetics and Evolution. Phylogenetics relate to the evolutionary development and diversification of a species or group of organisms.
• The phylogenetic analysis revealed that the Sela macaque was geographically separated from the Arunachal macaque (Macaca munzala) of Tawang district by Sela.
• This mountain pass acted as a barrier by restricting the migration of individuals of these two species for approximately two million years, the study said.
• Sela is situated between Dirang and Tawang towns in western Arunachal Pradesh.
• The study says the Sela macaque has a tail longer than the Tibetan macaque, Assamese macaque, Arunachal macaque and the white-cheeked macaque but shorter than the bonnet macaque and toque macaque.
• Sela macaque belongs to the sinica species-group of Macaca, but it differs from all other members of thisgroup through attributes such as brown collar hair and muzzle, and the absence of chin whiskers, the study says. 

About:

• The Central government had shunted the duo — both 1994-batch IAS officers of the AGMUT cadre — out of Delhi after they had allegedly forced athletes at the Thyagraj Stadium to finish their training early in order to take their dog for an evening walk.
• AGMUT expands to Arunachal, Goa, Mizoram and the Union Territories.
• But the transfer of Mr. Khirwar to Ladakh and Ms. Dugga to Arunachal Pradesh has not gone down well.
• Many took to Twitter and other social media platforms to ask if the Centre viewed the northernmost and the north-easternmost parts of India as dumping grounds for errant bureaucrats. 

About:

• The NFGFHD has been set up at the Indian Institute of Science Education and Research (IISER), Pune. It has been built by IISER Pune and supported by the Department of Biotechnology (DBT).
• This will be one-of-its-kind large facilities providing timely supply of animal models to researchers studying a range of diseases from cancer to diabetes.
• Rats, mice and rabbits will be housed here, doing away with the need to import them.
• Why it is needed? With a growing zoonotic disease burden on human health, there is an increased urgency to perform disease studies based on physiological evidence and methods.
• The facility houses molecular biology laboratories and mico-injection setups to generate mouse models, in which scientists will knock out existing genes and replace them with external or artificial genes that are linked to the disease under study. This is done through CRISPR / Cas9 systems.

About:

• The CFR rights of tribals living in Gudiyapadar, a hamlet inside the Kanger Ghati National Park in Bastar district, were recognised, giving the community power to formulate rules for forest use.
• Kanger Ghati National Park is the second national park, after Simlipal in Odisha, where CFR rights have been recognised.

What is a community forest resource?

• The community forest resource area is the common forest land that has been traditionally protected and conserved for sustainable use by a particular community.
• The community uses it to access resources available within the traditional and customary boundary of the village; and for seasonal use of landscape in case of pastoralist communities.
• The Community Forest Resource rights under Section 3(1)(i) of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act (commonly referred to as the Forest Rights Act or the FRA) provide for recognition of the right to “protect, regenerate or conserve or manage” the community forest resource. 

About:

• FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers.
• This is a B2B digital marketplace to empower SME exporters, artisans and farmers to identify new markets for their products and grow their sales globally.
• Strategic objectives of Indian Business Portal:
  • Digitizing Indian Exporters and help them become discoverable online
  • Encouraging virtual meetings between buyers and sellers
  • Providing a trusted network of Indian Exporters to Foreign Buyers 

About:

• The guidelines will be implemented during the 15th Finance Commission Cycle.
• The scheme aims at enhancing the competitiveness and productivity of Micro and Small Enterprises through interventions in Common Facility Centers and Infrastructure Development.
• Government grants for Common Facility Centers will be restricted to seventy percent of the cost of the project from five crore rupees to ten crore rupees and sixty percent of the cost of the project from ten crore rupees to thirty crore rupees.
• However, for North East and the Hill States including Island territories and Aspirational Districts, the grant will be given eighty and seventy percent of the cost of the project as per different project cost ranges.
• Grant for Infrastructure Development will be restricted to sixty percent of the cost of the project from five crore rupees to fifteen crore rupees for setting up of a new Industrial Estate, Flatted Factory Complex.
• Grant will be fifty percent of the cost of the project from five crore rupees to ten crore rupees for up-gradation of the existing Industrial Estate, Flatted Factory Complex.