Latest news with #NarendraModi
Time of India
an hour ago
- Business
- Time of India
ELI scheme set create jobs, enhance social security
Vadodara: The Employment-Linked Incentive (ELI) scheme, approved by the Cabinet under Prime Minister Narendra Modi , will boost employment generation, improve employability and extend social security coverage. Mitesh Rajmane, Regional PF Commissioner Grade 2, Vadodara, said on Tuesday. The ELI scheme has a total outlay of Rs 99,446 crore and aims to incentivize the creation of 3.5 crore jobs over two years. "The scheme, set to take off from Aug 1, will provide incentives to employees and employers to boost job creation. The benefits of the scheme will be applicable to jobs created between Aug 1, 2025, and July 31, 2027," Rajmane said, while addressing mediapersons. The Vadodara regional office of the Employees Provident Fund Organization (EPFO) has jurisdiction over five districts — Vadodara, Panchmahals, Dahod, Mahisagar and Chhota Udepur — and covers 23,500 establishments with 8,75,000 Universal Account Numbers (UANs) and 90,000 pensioners. "Under Part 1, first-time employees registered with EPFO will get one month's EPFO wage, that is up to Rs 15,000 in two instalments. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Struggling With Belly Fat? Try This at Home Home Fitness Hack Shop Now Undo The first instalment will be given on the completion of six months' employment and the second after a year, on successful completion of a financial literacy programme," he said. "Under Part 2 of the scheme, the govt will provide an incentive of up to Rs 3,000 per employee per month to employers for a duration of two years for appointing additional employees with a minimum of six months' continuous employment," he said.
India Today
an hour ago
- Politics
- India Today
Bihar Survey Truth Files reveals reality of electoral roll revision
This episode of Super 6 covers a major political controversy in Karnataka over the inauguration of the Sikandul Bridge in Shivamogga district, where Chief Minister Siddaramaiah has written to Prime Minister Narendra Modi, alleging he was insulted and ignored by the Centre. The Chief Minister claims a serious breach of protocol and accuses the central government's conduct of being arbitrary and against the spirit of cooperative federalism, while the BJP refutes these claims, stating the Chief Minister was formally invited. Additionally, the program covers superstar Rajinikanth's attempt to mend ties with the DMK leadership after his earlier remarks, and a brewing language debate in Andhra Pradesh, with Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan advocating for learning all languages, including Hindi. In other news, Astronaut Group Captain Shubhanshu Shukla has successfully returned to Earth, splashing down in the Pacific Ocean, and will now undergo a rehabilitation program. The execution of Kerala nurse Nimisha Priya in Yemen has been postponed following intervention from clerics and the Indian government. A tragic incident on a film set in Tamil Nadu resulted in the death of stuntman Mohan Raj during a movie stunt directed by Pa Ranjith, leading to a case of negligence being filed. The Tamil Nadu government has ordered a new U-shaped seating arrangement in schools to eliminate the concept of backbenchers. The program also discusses political friction between the Karnataka state government and the Union government over GST funds and looks ahead to the upcoming monsoon session of Parliament.
Time of India
2 hours ago
- Politics
- Time of India
PM's VVIP aircraft makes trial landing at Trichy airport
Trichy: VVIP-3, the official aircraft used by Prime Minister Narendra Modi, conducted a trial landing and take-off at Trichy International Airport on Tuesday as part of a safety exercise ahead of the PM's likely visit to Tamil Nadu on July 27. Modi is expected to attend the Aadi Thiruvathirai festival at the Gangaikonda Cholapuram temple near Jayankondam in Ariyalur district. Sources said the VVIP aircraft landed at Trichy around 12.10 pm and took off at 1.30 pm. As Trichy airport's runway is relatively short at 8,136 feet, it typically handles only narrow-body aircraft even for international flights. Since VVIP-3 is a wide-body aircraft with a larger size and higher carrying capacity, the trial was held to ensure safe operations. "VVIP-3 is the longest wide-body aircraft ever to land at Trichy airport. This is also the first time the airport has handled the Prime Minister's custom-made aircraft," said S Gnaneswara Rao, director of Trichy airport. He noted that during the trial, the aircraft managed to take off using just 50% of the runway length. Rao added that the space behind the old integrated terminal building could be used to receive the Prime Minister if authorities opt to land him in Trichy. Two years ago, the airport's taxiway was upgraded to accommodate wide-body aircraft.
Mint
2 hours ago
- Mint
8 killed, 5 injured as jeep falls into gorge in Uttarakhand's Pithoragarh; PM Modi announces ₹2 lakh ex-gratia
Pithoragarh, Jul 15 (PTI)- Eight people were killed and five injured when a jeep fell into a deep gorge here on Tuesday, police said. The incident occurred in Suni village in the Thal area while the passengers were travelling to Bokta village, they said. Expressing grief over the incident, Prime Minister Narendra Modi announced ₹ 2 lakh ex gratia for the deceased and ₹ 50,000 for injured individuals. In a post on the social media platform X, the Prime Minister's Office stated, 'Saddened by the loss of lives due to a road accident in Pithoragarh, Uttarakhand. Condolences to those who have lost their loved ones in the mishap. May the injured recover soon. An ex-gratia of Rs. 2 lakh from PMNRF would be given to the next of kin of each deceased. The injured would be given Rs. 50,000.' The driver lost control of the vehicle, causing it to plunge into a deep gorge. Eight people, including five women and three men, died on the spot, Thal SHO Shankar Singh Rawat said. He added that upon receiving information about the accident, police and a State Disaster Response Force (SDRF) team reached the site and began rescue operations with the help of local residents. The injured were rushed to a hospital in Muwani, where they are currently undergoing treatment. Pithoragarh District Disaster Management Officer Bhupendra Singh Maher confirmed that the bodies were recovered from the gorge. They were all locals.
Coin Geek
2 hours ago
- Business
- Coin Geek
Namibia to launch a new payments system based on India's UPI
Getting your Trinity Audio player ready... Namibia will soon roll out a new payments system based on the Unified Payments Interface (UPI), India's ultra-successful instant payments protocol. A year ago, the Bank of Namibia and the International Payments Limited (NIPL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), signed a partnership to develop the new system. A week ago, Prime Minister Narendra Modi visited the Southern African nation to seal the deal. After the visit, a statement by the External Affairs Ministry revealed that the rollout is scheduled for September. With three million residents, Namibia is one of Africa's smaller nations. The government has been pushing digital payments in recent years, and last year, the market hit $1.4 billion in value. Namibian businesses mainly rely on electronic funds transfers, a sector that recorded $68 billion in transaction value last year. UPI would significantly boost this rapidly growing market. Launched nine years ago, the system has become one of the world's largest payments infrastructures, with over 500 million active users. In May, it recorded ₹25.14 lakh crore ($294 billion) in monthly transaction value. Recently, it hit 650 million daily transactions, surpassing Visa (NASDAQ: V) as the world's leading real-time payments system. UPI surpasses Visa to become the world's leading real-time payment system, processing over 650 million transactions daily. Achieving this in just 9 years highlights its unmatched scale and momentum. From India to the world, UPI is leading the digital payment revolution! A recent International Monetary Fund (IMF) report revealed that UPI now processes over 18 billion transactions monthly, propelling India to the top of the global fast payments race. 'India now makes faster payments than any other country. At the same time, proxies for cash usage [such as ATM withdrawals] have fallen,' said the IMF. UPI has expanded beyond India and is now available in seven other countries, including Sri Lanka and Singapore. It has also expanded to the United Arab Emirates, enhancing local payments and boosting cross-border remittances between the two nations. The UAE-India corridor is one of the busiest for the Gulf nation; over seven million Indians visited the UAE last month, its largest group of international visitors. Back in Namibia, the new UPI-based system will play a significant role in trade between the two nations, surging from $3 million at the turn of the millennium to $600 million. Several Indian firms are pursuing business interests across Namibia in manufacturing, mining, and services. While Namibia is the only African country with a formal agreement to integrate UPI, others are also exploring partnerships. In his visit to Ghana earlier this month, PM Modi pledged his government's commitment to integrating the payments system in the West African nation. 'In the field of FinTech, India is ready to share its experience of UPI digital payments with Ghana,' he stated. Rwanda and Mozambique are also reportedly exploring similar partnerships. However, India's largest trade partner on the continent is South Africa, with bilateral trade volume hitting $19 billion in 2024. South Africa to launch its first digital ID system Elsewhere, the South African government is set to launch its first digital ID system to modernize government services. Home Affairs Minister Leon Schreiber revealed last week that his ministry has been working on a digital ID policy, which will soon be submitted to the Cabinet for approval before seeking public feedback. With a digital ID, South Africans will access government services easily on any smart device, curbing the need to visit government offices. It will be built atop the existing Smart ID framework, which relies on features such as biometric data to boost security, but which the minister says is five times more vulnerable to fraud than the new system. Schreiber added that the new digital ID will impact other sectors that rely on identity verification beyond government services. '[The] Digital ID will also enable users to remotely authenticate themselves, laying the foundation for a digital revolution not only for government services, but also for critical private sector services like banking, finance, and insurance,' he told lawmakers while presenting his department's budget. South Africa joins over a dozen other African countries pursuing digital IDs. Ethiopia recently set a target of 90 million digital IDs over the next two years, while Namibia intends to launch its new system next year. Nigeria and Zambia have also launched similar initiatives in partnership with the World Bank. Watch: Tech redefines how things are done—Africa is here for it
