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Narendra Modi in first decision selects those who protects India

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Narendra Modi, Prime Minister of India, Indian Prime Minister, National news

New Delhi: In its first decision of its second tenure, Narendra Modi government has enhanced the amount to be paid as part of ‘Prime Ministers Scholarship Scheme’ under the National Defence Fund.

“Our Government’s first decision dedicated to those who protect India,” Modi tweeted.

“Major changes approved in PM’s Scholarship Scheme under the National Defence Fund including enhanced scholarships for wards of police personnel martyred in terror or Maoist attacks,” the tweet said.

 

Narendra Modi, Prime Minister of India, Indian Prime Minister, National news

 

The rates of scholarship have been increased from Rs 2,000 per month to Rs 2,500 per month for boys and from Rs 2,250 per month to Rs 3,000 per month for girls.

The ambit of the scholarship Scheme has also been extended to the wards of state police personnel who “were martyred during terror/naxal attacks”.

 

Narendra Modi selects those in first decision who protects India:

 

The quota of new scholarships for wards of state police personnel will be 500 in a year.

The National Defence Fund (NDF) was set up in 1962 to take charge of the voluntary donations in cash and kind received for promotion of the national defence effort, and to decide on their utilisation.

 

Narendra Modi, Prime Minister of India, Indian Prime Minister, National news

 

The Prime Minister’s Scholarship Scheme (PMSS) is being implemented to encourage technical and post-graduate education for widows and wards of the deceased or ex-service personnel of armed forces and paramilitary forces and Railway Protection Force.

Prime Minster Narendra Modi had taken oath on Thursday along with his council of ministers after leading BJP-led NDA to a big election victory in the Lok Sabha polls.

 

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FM Nirmala Sitharaman says Air India, BPCL to be sold by March 2020

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New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that the central government is looking to wrap up the sale of state-run companies Air India and Bharat Petroleum Corporation (BPCL) by March next year.

Sitharaman said that the sale has been strategically decided upon after being aborted a year ago due to lukewarm responses. Many investors have shown interest to purchase the two loss-making companies and it could help meet the government’s disinvestment target of Rs 1 lakh crore in the current fiscal year, she said in an interview.

“We are moving on both with the expectation that we can complete them this year. The ground realities will play out,” Sitharaman stated while speaking to The Times of India.

Earlier this month, Air India chairman Ashwani Lohani, in an open letter to Air India employees, had said that the divestment may enable the airline’s sustainability.

For Air India, there is a “lot of interest” among investors, Ms Sitharaman said.

Recently, the cabinet approved changes in the process of disinvestment where the prospective bidders will be heard in roadshows before the expressions of interest (EoIs) are floated so that concerns of the prospective buyers are addressed.

Last year, the government had floated the Expression of Interest (EoI) for Air India to offload a 76 per cent stake and management control in the airline but it did not get a single bidder. The government currently owns 100 per cent equity of Air India.

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