Government Scheme Current Affairs

DGFT doubles incentives rates for garments under Merchandise Exports from India Scheme

Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry has doubled rates for incentives under Merchandise Exports from India Scheme (MEIS) from 2% to 4% of value of exports.

The rates for incentives under this scheme have been enhanced for two subsectors of textiles industry — readymade garments and made-ups. This measure will incentivise the exports of labour intensive sectors of readymade garments and made-ups and contribute to employment generation.

Merchandise Exports from India Scheme (MEIS)

MEIS was launched under Foreign Trade Policy of India (FTP) 2015-20. It is one of the two schemes introduced in FP 2015-20, as part of Exports from India Scheme. The other scheme is Service Exports from India Scheme (SEIS).

Objective of MEIS is to offset infrastructural inefficiencies and associated costs involved in export of goods and products, which are produced and manufactured in India. It also seeks to enhance India’s export competitiveness of these goods and products having high export intensity, employment potential. Under this scheme, Ministry of Commerce gives duty benefits to several products. It provides duty benefits at 2%, 3% and 5% depending upon the product and country.

Month: Categories: India Current Affairs 2018

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Government launches Pradhan Mantri LPG Panchayat

The Ministry of Petroleum and Natural Gas launched country-wide Pradhan Mantri LPG Panchayat scheme to distribute LPG connections among rural areas where conventional fuel is used for domestic purposes.

The scheme was launched by Union Petroleum and Natural Gas Minister Dharmendra Pradhan at Mota Ishanpur village in Gandhinagar district in Gujarat. It is backup scheme to existing Pradhan Mantri Ujjwala Yojana.

LPG Panchayat scheme

The LPG Panchayat scheme aims at spreading awareness among LPG users about how to properly use clean fuel and its useful benefits. It will provide platform to trigger discussion through sharing of personal experiences on benefits of use of clean fuel compared to traditional fuels like cowdung, charcoal or wood.

It also aims to connect with beneficiaries of Ujjwala Yojana to resolve issues and wrong traditional beliefs among people through officials of oil PSUs, NGOs, Asha workers and social workers. Under it, one lakh LPG Panchayats will be activated across country to deal with issue of safe use of LPG as well as discuss its various benefits on environment, health and how it empowers women.

LPG Panchayat will serve as an interactive platform between those who received LPG cylinders under PMUY. One panchayat will have around 100 LPG customers of nearby areas. The panchayats discuss issues such as safe practices, quality of service provided by distributors and availability of refill cylinders.

Month: Categories: India Current Affairs 2018

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