Cabinet approval of Agreement on recruitment of Indian citizens to work in Portugal will provide opportunities for skilled Indian workers and professionals to work in EU-member states: Dr S Jaishankar

Dr S Jaishankar – External Affairs Minister :

Significant Cabinet Decisions taken under leadership of PM Narendra Modi today:

Approval of PLI scheme for textiles. Scheme will inject fresh investment, generate new opportunities for employment and trade, help India regain dominance in Global Textiles Trade.

Increase in MSP for Rabi crops to encourage crop diversification.

Approval of Agreement on recruitment of Indian citizens to work in Portugal. Will provide opportunities for skilled Indian workers and professionals to work in EU-member states.

Approval of MoU on cooperation between ROSGEO, Russia & GSI India. Will provide an umbrella framework for cooperation in Geosciences.

Approval of MoU between ICAI & Chamber of Auditors of Azerbaijan. Will lead exchange on innovative methods and technologies in accountancy.

Through the PLI Scheme in textiles, India seeks to emerge as a hub for global textiles manufacturing: PM Narendra Modi

Through the PLI Scheme in textiles, India seeks to emerge as a hub for global textiles manufacturing.

The PLI scheme will further women empowerment and accelerate progress in the aspirational districts.

PM Narendra Modi

Union Cabinet decision:

Taking steps forward towards the vision of an ‘Aatmanirbhar Bharat’, Government led by Prime Minister, Shri Narendra Modi, has approved the PLI Scheme for Textiles for MMF Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. 10,683 crore.

PLI for Textiles along with RoSCTL, RoDTEP and other measures of Government in sector e.g. providing raw material at competitive prices, skill development will herald a new age in textiles manufacturing.

PLI scheme for Textiles is part of the overall announcement of PLI Schemes for 13 sectors made earlier during the Union Budget 2021-22, with an outlay of Rs. 1.97 lakh crore.

With the announcement of PLI Schemes for 13 sectors, minimum production in India is expected to be around Rs. 37.5 lakh crore over 5 years and minimum expected employment over 5 years is nearly 1 crore.

PLI scheme for Textiles will promote production of high value MMF Fabric, Garments and Technical Textiles in country. The incentive structure has been so formulated that industry will be encouraged to invest in fresh capacities in these segments.

This will give a major push to growing high value MMF segment which will complement the efforts of cotton and other natural fibre-based textiles industry in generating new opportunities for employment and trade, resultantly helping India regain its historical dominant status in global textiles trade.

The Technical Textiles segment is a new age textile, whose application in several sectors of economy, including infrastructure, water, health and hygiene, defense, security, automobiles, aviation, etc. will improve the efficiencies in those sectors of economy.

Government has also launched a National Technical Textiles Mission in the past for promoting R&D efforts in that sector. PLI will help further, in attracting investment in this segment.

There are two types of investment possible with different set of incentive structure. Any person, (which includes firm / company) willing to invest minimum ₹300 Crore in Plant, Machinery, Equipment and Civil Works (excluding land and administrative building cost) to produce products of Notified lines (MMF Fabrics, Garment) and products of Technical Textiles, shall be eligible to apply for participation in first part of the scheme.

In the second part any person, (which includes firm / company) willing to invest minimum ₹100 Crore shall be eligible to apply for participation in this part of the scheme. 

In addition, priority will be given for investment in Aspirational Districts, Tier 3, Tier 4 towns, and rural areas and due to this priority Industry will be incentivized to move to backward area.

This scheme will positively impact especially States like Gujarat, UP, Maharashtra, Tamil Nadu, Punjab, AP, Telangana, Odisha.

It is estimated that over the period of five years, the PLI Scheme for Textiles will lead to fresh investment of more than Rs.19,000 crore, cumulative turnover of over Rs.3 lakh crore will be achieved under this scheme and, will create additional employment opportunities of more than 7.5 lakh jobs in this sector and several lakhs more for supporting activities.

The textiles industry predominantly employs women, therefore, the scheme will empower women and increase their participation in formal economy.

Resumption of travel out of Kabul is a priority: Dr S Jaishankar

Dr S Jaishankar – External Affairs Minister :

Addressed the Afghanistan conference co-convened by US Secretary of State Antony Blinken and German Foreign Minister Heiko Maas.

Resumption of travel out of Kabul is a priority.

Use of Afghan soil to promote terrorism in any manner by any country is unacceptable.

The Taliban must live up to its declarations to that effect.

The world should not countenance interference by external players, especially those intensifying violence at this difficult time.

Our collective approach should be guided by UNSC resolution 2593.

The Parliamentary Standing Committee on Information Technology visited the very impressive T-Hub in Hyderabad: Shashi Tharoor

Shashi Tharoor – MP, Congress leader :

The Parliamentary Standing Committee on Information Technology visited the very impressive T-Hub in Hyderabad (Phase-2 under construction, hence the hard hats) which is already India’s largest incubation centre & will soon be the world’s second largest. Listened to the innovators!

Heard from some remarkable innovators at the T-Hub, inspiring & heartwarming tales from Indians responding ding to Indian needs.

A schoolgirl who made a biodegradable planter, a computerised incubator to combat infantile jaundice, a digital payment system, visual aid for the blind

Some of the brains behind the T-Hub, the women leading key Verticals with IT Secretary Jayesh Ranjan, & the young men who have invented new rockets that will expand the frontiers of space, bring satellite launches into the private sector & are working on reusable rocket technology!

Supreme Court should consider substance of Centralised Portal to disseminate real-time information regarding essential covid commodities: Abhishek Singhvi

Abhishek Singhvi – MP, Congress leader:

Supreme Court (maybe not at instance of today’s dismissed PIL which may or may not be maintainable) should consider substance of Centralised Portal to disseminate real-time information regarding essential covid commodities.

This preparation may be worth it, if we have a 3rd wave?

Sri Sri at Sunrise

Love is that which you cannot fully express or hide. Beauty is that which you cannot possess or renounce. Truth is that which you cannot avoid :
@SriSri