States Current Affairs
Current Affairs 2019-2020 of all States with latest updates. Current Affairs will list latest developments, issues in all states and may be useful for State PCS / Civil services examinations of various states of India.
For 12,247 Micro, Small, and Medium Enterprises (MSMEs) and bigger industrial units (including the textile industry) in the state, the Gujarat Government on 26th June 2020 has launched an online cash aid initiative. The initiative is named as ‘At One Click’. The initiative was launched by the Chief Minister of Gujarat Vijay Rupani.
About the Initiative
‘At One Click’ is an online aid initiative for which the Gujarat Government has committed Rs 1,369 crore of financial aid for the MSMEs and bigger industrial units (including the textile industry).
Objective of the Initiative
Through the initiative, the State Government looks to restore the former vibrancy of the state by motivating sectors such as MSME, traders, bigger industries, and businesses. The online initiative is to encourage these sectors for taking up the challenge that the COVID-19 crisis has bought and convert this into an opportunity.
Launch of the Initiative
By transferring Rs 768 crore directly into the bank accounts of 12,247 MSMEs the initiative was launched. Bigger industrial units that include textile industries as well will be transferred Rs 601 crore under the initiative.
The Chief Minister at the launch of the initiative has informed that 1.3 lakh loan applications from MSMEs and other industries have been received in the state under the Atma Nirbhar Bharat Package of the Central Government. The total loan amount of Rs 8,200 crore has been sanctioned as per the applications received to date, out of this, Rs 4,175 crore has already been disbursed.
Tags: At One Click Initiative • Gujarat [GPSC] • Micro Small and Medium Enterprises • MSMEs • Textile Industry
As per a 2016 Memorandum of Understanding (MoU) signed between the State Government of Andhra Pradesh and Gurugram headquartered Apollo Tyres Limited, the company will set up its new manufacturing unit at Chittoor district of the state. The foundation stone of the manufacturing plant was laid on 9th January 2018 by the Chief Minister of Andhra Pradesh.
On 25th June 2020, the company has announced the commissioning of the Manufacturing plant that is spread over 256 acres. Rs 3,800 crores were invested for setting up the state-of-the-art manufacturing facility. Globally, this is the 7th manufacturing unit of Apollo Tyres and the 5th in India.
For setting up the highly automated manufacturing plant that will cater to both domestic and international markets, It took 12 million (1.2 crores) man-hours of construction work, 35 million tonnes of steel used and 1.23 lakh cubic metre of concrete used.
The company has employed around 850 people at present (most hired locally) at its shop floor. The built-up area facility is 2,16,000 square metres. The plant has a modular layout and uses Information Technology-driven systems and robotics.
By 2022, through the manufacturing plant, the company has set a per-day target to roll out 15,000 passenger car tyres and 3,000 truck-bus radials.