Policy Current Affairs - 2020

National Employment Policy

The Ministry of Labour is to fast track the National Employment Policy. The main idea of framing the National Employment Policy is to lay out a roadmap that will provide incentives for employment generation.

Highlights

The policy will aim at absorbing additional 5 million workforce every year. Also, the policy will focus on formalizing 500 million workforce in the country. It will also ensure social security and job security for them.

The policy will frame a road map to provide incentives for employment generation. Also, the policy will focus on the challenges thrown by the COVID-19 crisis.

Objectives

The National Employment Policy is to be framed focusing on twin objectives as follows

  • To attract new enterprises and industries to generate employment opportunities
  • To improve the skill set of existing work force and make them employable. This will also help in India gearing up to attract companies from China to set up manufacturing units in India.

Jammu and Kashmir launches J&K Poultry Policy 2020

The Government of Jammu and Kashmir recently launched the Poultry Policy, 2020. The Government has provided operational guidelines under the policy to promote establishment of poultry units.

Highlights

The Jammu and Kashmir Government has announced Rs 50 crores of subsidy per annum to establish broiler farms and its allied activities. The policy aims to generate employment in the territory.

About the Policy

The policy is expected to reduce an annual bill of Rs 900 crores that is spent on importing poultry and its products outside the territory. The entrepreneurs, farmers, NGOs, cooperatives, Self Help Groups, Joint Liability Groups are eligible to avail the benefits under the scheme.

Commercial Farms

For Commercial Broiler farms that holds rearing capacity of rearing more than 10,000 birds per unit are to be provided with incentive 30% of capital investment. The upper limit fixed to such incentives is Rs 50 lakhs.