Government Schemes in India

Latest Government Schemes Current Affairs 2019 for UPSC Exams, Bank Exams, Civil Services, SSC and other Competitive Exams. This category comprises current affairs related to various government schemes, government policies, projects, and government campaign launches such as portal, apps etc. also.

HRD Minister launches ‘YUKTI 2.0’ Platform

On 23rd June 2020, Ramesh Pokhriyal (Union Human Resource Development Minister) launched YUKTI 2.0. The YUKTI 2.0 web portal initiative is a logical extension of the earlier version of ‘YUKTI (launched on 11th April 2020)’ and is in line with the mission of making AtmaNirbhar Bharat.

YUKTI stands for Young India combating COVID with Knowledge, Technology, and Innovation. YUKTI portal was launched for identifying many more disruptive solutions from higher Education Institutes as the thinking of the youngsters are more innovative.

YUKTI 2.0 Portal

The YUKTI 2.0 portal is for the Higher Education Institutes of New Delhi. Through the portal, the objective will be to acquire technologies in a very holistic and comprehensive way from startup incubators that have commercial potential.  The startup incubators will by the student entrepreneurs. The portal will help in establishing a market place where these young innovators will be connected with investors.

Further, the support required for advancing the innovations and technologies of the Higher Education Institutions will be endeavored by the HRD Ministry through the portal.

For the success of AtmaNirbhar Bharat, it is important that a culture of entrepreneurship and innovation is fostered in the educational institutions of the country. For this, initiatives like YUKTI are essential to convert the young idea into enterprises.

Financial Assistance of Rs 4957 Crore provided to 17.5 Million Building & Other Construction Workers

In order to help the Building & Construction workers to overcome the financial impacts of COVID-19 lockdown, on 24th March 2020, the Chief Minister of all States and Union Territories were advised by the Union Minister of Labour and Employment to create a framework with bank account details of building & construction workers of their respective state so that they can be provided with financial support through direct benefit transfer (DBT)mode.

This request for creating a framework to provide financial support to the workers was made by the Union Minister under section 22 (1) (h) of the Building and Other Construction Workers Act 1996.

On 23rd June 2020, the Ministry of Labour & Employment has informed that through 17.5 million (1.75 Crore) transactions, cash assistance of Rs 4957 crore was directly into the bank accounts of the building & construction workers through DBT mode.

The Amount ranging from a minimum of Rs 1,000 to a maximum of Rs 6,000 was transferred to the bank account of every worker. The amount to be granted to a particular worker was decided by the State Government.

The Ministry has stated that there are still many workers who are left out, for which the Ministry has launched a project in mission mode to complete their registration for the benefits.