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Business Standard
7 hours ago
- Business
- Business Standard
Centre approves price deficiency payment scheme for AP's Totapuri mangoes
The Centre, for the first time, has approved a Price Deficiency Payment Scheme (PDPS) for 162,500 metric tonnes of 'Totapuri' Mangoes from Andhra Pradesh under its market intervention scheme (MIS). The proposal was approved following a letter from Andhra Pradesh Chief Minister and key NDA ally Chandrababu Naidu to Agriculture Minister Shivraj Singh Chouhan, requesting intervention. The scheme is aimed at benefiting farmers in the Chittoor, Tirupati, and Annamayya districts of Andhra Pradesh, where prices of 'Totapuri' Mangoes have dropped due to a bumper harvest. Under the scheme, the central government has set the market intervention price (MIP) or floor rate for 'Totapuri' Mangoes at ₹1,490.73 per quintal, or around ₹15 per kilogram. If prices fall below the floor rate, a payment of up to ₹372.68 per quintal, or ₹3.73 per kilogram, will be directly transferred to the bank accounts of farmers. However, this relief will be limited to 162,500 tonnes of mangoes, which represent 25 percent of the total 'Totapuri' production in major districts of Andhra Pradesh. The deficiency payment of ₹372.68 per quintal, or ₹3.73 per kilogram, will be shared equally between the Centre and the Andhra Pradesh state government. The MIS guidelines stipulate that farmers wishing to avail themselves of the scheme's benefits must trade their produce with traders with proper documentation and verification, as notified by the APMCs, or mango processing units and ramps, as duly notified by the district collectors under state Acts. The Price Deficiency Payment Scheme will be operational for 30 days during the 2025-26 season, starting from the date of the first transaction after the issue of this letter. The state government will be responsible for notifying all traders for coverage of 'Totapuri' Mangoes under the PDPS scheme in Andhra Pradesh. The price differential between the MIP and the sale price will be updated on the Agmarknet portal of the state government. The scheme is expected to bring price stability, protect farmers from market volatility, and reinforce the commitment to doubling farmers' income.


Time of India
a day ago
- Time of India
Contract staffer booked for Rs 3.1cr PM scheme scam
Dehradun: A case was registered against a contractual MIS (management information system) coordinator for allegedly siphoning off Rs 3.1 crore from the education department's account on Sunday at Raipur police station in Dehradun district. The funds were part of the PM Poshan Yojana, which provides mid-day meals to students in govt and aided schools. According to the complaint filed by Premlal Bharti, district education officer (Elementary), Dehradun, the accused, Naveen Singh Rawat, allegedly began embezzling the funds in the 2022–23 financial year. He was officially designated as a bill maker but also took on the responsibilities of bill checking—typically handled by the assistant accounts officer—allowing him to bypass oversight and divert funds. Bharti said, "The department's account had around Rs 7 crore, which Rawat accessed without authorisation. The fraud came to light last month when we attempted a fund transfer and the bank reported insufficient balance." Under PM Poshan Yojana, students up to Class VIII are allotted daily allowances — Rs 8 for Classes I–V and Rs 10 for Classes VI–VIII — through which food items like pulses, spices, and salt etc is bought for their meals, official of education dept said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like My 4-year-old kidneys are failing, only you can help Donate For Health Donate Now Undo Funds are distributed across all 13 districts via single nodal accounts (SNA). "He may have used the money to pay off a gym loan or possibly for online gaming. An FIR has been filed, investigation will reveal the facts," Bharti said. Pankaj Bhatt, cop at Raipur police station, said an FIR under IPC Section 409 (criminal breach of trust by a public servant) has been registered. "He has been working on contract for the past ten years. The matter is under investigation," Bhatt added.


The Star
3 days ago
- Business
- The Star
Malaysia, Indonesia boost edu ties
One for the album: Anesee (second from left) with (from left) EMGS chief executive officer Novie Tajuddin, Indonesian Embassy in Kuala Lumpur education and cultural attaché Prof Dr Muhammad Firdaus, and Education Malaysia Indonesia director Dr Hasnul Faizal Hushin Amri during the 'Mega Ayo Kuliah di Malaysia 2025' programme. ARTIFICIAL intelligence (AI), renewable energy technology, and aerospace are among the strategic fields in which Malaysian lecturers and students can expect to collaborate with their Indonesian counterparts. This was one of the key areas of cooperation agreed upon during Higher Education Ministry secretary-general Datuk Dr Anesee Ibrahim's recent visit to the neighbouring country. In addition to research collaborations and lecturer or student mobility, partnerships between higher education institutions (HEIs) will also continue to be strengthened, building upon existing collaborations. During the two-day working visit, which began on July 11, Anesee attended programmes, meetings and courtesy calls with his counterparts, creating new opportunities for bilateral cooperation between the two nations. The visit was part of the ministry's efforts to strengthen cooperation among regional countries to position Malaysia as a preferred destination for international students. The Higher Education Ministry, in its statement dated July 13, said Indonesia is among the top countries sending students to Malaysia, with 11,293 students as of March this year. It added that as of December 2024, a total of 464 collaboration agreements had been signed between Malaysian and Indonesian HEIs, including capacity-building programmes involving student and academic mobility. 'The Malaysia International Scholarship (MIS) is also offered to international students pursuing studies in Malaysian HEIs. As of December 2024, 21 Indonesian students had received this scholarship. 'Education Malaysia Global Services (EMGS), an agency under the ministry, plays a significant role in promoting Malaysia's higher education sector and continues to intensify its marketing and promotional efforts,' the statement read. During his visit, Anesee also attended the 'Mega Ayo Kuliah di Malaysia 2025' programme, held in Jakarta on July 12, with the participation of 21 Malaysian HEIs. In his speech, Anesee welcomed more Indonesian students to Malaysia and highlighted several significant initiatives, such as the Graduate Pass – a one-year visa facility for graduates – launched at the Asean Higher Education Ministers' Roundtable Conference in Langkawi in June. Other initiatives include the Asean Global Exchange for Mobility and Scholarship (Asean Gems), an online platform providing information on scholarships offered by Asean countries. To date, over 300 scholarship providers have joined the platform, with a commitment of more than RM19mil in funding available for students to pursue higher education. The ministry said a continuously evolving education system that meets current needs and high-quality HEIs that have earned international recognition are the main factors attracting international students to Malaysia. 'The ministry is confident that efforts to promote Malaysia as a preferred destination for international students will help enhance the country's global image. 'The ministry's internationalisation policy for higher education, aligned with current needs, will also position Malaysia to compete globally in line with the principles of Malaysia Madani, namely sustainability, prosperity, innovation and confidence,' the statement read.


Argaam
5 days ago
- Business
- Argaam
MIS wins managed services project worth SAR 125.9M
Al Moammar Information Systems Co. (MIS) secured on July 16, a managed services project with Prince Sattam bin Abdulaziz University's Institute of Consulting and Business Solutions (Seize). The contract is valued at SAR 125.91 million, inclusive of VAT. The company said in a Tadawul filing that the contract is expected to be signed on Aug. 16. MIS added that directive acceptance procedures were completed today, July 17. The project involves providing managed services to support and operate digital workplace systems in cooperation with the Institute, with MIS confirming that no related parties to the deal.


Time of India
5 days ago
- Business
- Time of India
Small savings schemes: These post office savings accounts will be frozen after 3 years: Here is how to unfreeze your account
Which small savings accounts will be frozen? Academy Empower your mind, elevate your skills What happens to the account if it is frozen? How to unfreeze your small savings scheme account? The Department of Posts (DoP) has announced that it will freeze matured accounts under various small savings schemes accounts that have not been extended or closed even after three years from the date of maturity. Recently, it has issued an order to make account freezing a regular exercise to be conducted twice a year to identify such accounts to ensure safety and security of hard-earned money of savings schemes holders should note that their accounts will become frozen if not closed within three years of savings scheme accounts include Time Deposits (TD), Monthly Income Scheme (MIS), National Savings Certificates (NSC), Senior Citizen Savings Scheme (SCSS), Kisan Vikas Patra (KVP), National Savings Certificate (NSC), Recurring Deposit (RD), and Public Provident Fund (PPF) accounts, as per the a post office small savings account goes frozen after maturity, all transactions are suspended, including withdrawals, deposits, standing orders, and online per an order dated July 15, 2025, 'To further enhance security of hard-earned money of depositors, it has now been decided that this freezing activity will be conducted twice a year as a continuous cycle. The process of identification and freezing of such accounts will be completed within 15 days, commencing from July 1and January 1 of each year. This means accounts that complete three years of maturity as on 30th June and 31st December every year, respectively, will be identified and frozen.'Accountholders must reactivate or unfreeze their accounts by submitting the required documents to the concerned to the SB Order No.2512022 dated 16-12-2022, here is the process to activate inoperative more than 3 years, which already have been matured but not closed within 3 years and cut-off accountholder should visit any post office for closure and submit the following documents:a) Passbook or Certificate of the frozen accountb) KYC Documents such as mobile number, PAN card and Aadhaar or address proofc) Account Closure Form (SB-7A): Accountholder should also submit account closure form, passbook and details of post office savings account number or bank account details along with a cancel cheque/copy of passbook for credit of maturity value into his/her savings department will first check and confirm the details of depositor and tally signature to ensure genuineness of the account holder with relevant records. After verification of the genuineness of the case, the account/certificate concerned will unfreeze the maturity value will be credited either in the post office savings account or bank account of the accountholder through ECS outward credit.