Pandemic has presented opportunity to bring reforms in healthcare: Vice President

Vice President M Venkaiah Naidu, while addressing the 38th convocation ceremony of AAPI (American Association of Physicians of Indian Origin) through video conferencing, said the disruption due to pandemic is an opportunity to radically reform the country’s healthcare sector by harnessing the digital technology together with the tools powered by artificial intelligence. He called for…

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Government gears up to implement scheme for affordable rental housing complexes

Union cabinet has informed that a draft Operational Guidelines of affordable rental housing complexes together with its framework for implementation has been circulated to implement scheme for affordable rental housing complexes, besides uploading e-copy of the guidelines on the website of affordable rental housing scheme under PMAY-U. It has further issued a model request for…

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SWAMIH investment fund reignites hope for NPAs and Stalled projects

For the homebuyers stuck in stalled projects, there is a good news as the government has created SWAMIH investment fund (a special window for completion of affordable and mid-income housing) to meet the funding requirements of the stalled projects. Under this special window even those projects are also being considered for funding which have either…

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Government’s advisory: RERA registered projects to be provided six months extension for completion    

Sighting the adverse situation created by the COVID-19 pandemic, the central government has come up with an advisory for all states and union territories as well as their real estate regulatory authorities with aim to relieve the stakeholders of real estate sector, including the homebuyers. It has advised to treat the pandemic as force majeure…

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MoHUA launches PM SVANidhi Scheme to facilitate loans to street vendors

To support street vendors, the Ministry of Housing and Urban Affairs (MoHUA) has launched a micro-credit scheme ‘Prime Minister Street Vendor’s AmtaNirbhar Nidhi (PM SVANidhi) just after it launched a package called Aatma Nirbhar Bharat Abhhiyan. In collaboration with Small Industries Development Bank of India, it has also developed an IT platform for the smooth…

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IPFT develops disinfectants sprays for surface, vegetables and fruits

Amid the COVID-19 pandemic creating global havoc, the Institute of Pesticide Formulation Technology (IPFT) of the Ministry of Chemicals & Fertilizers has developed two different disinfectant sprays for surface application as well as for fruits and vegetables. According to the IPFT, its spray for surface application is alcohol-based and the formulation evaporates after disinfecting the…

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Rs 11,000 crore worth boost for electrification in Bihar Power Minister

Union Power Ministry has in the last 3-4 years invested over Rs 11,000 crore in various initiatives connected with electrification in Bihar, informed Power Minister R. K Singh while inaugurating NTPC’s community-focused initiatives in the state. These included two community buildings in Barh district of Patna at Sahari and Shanaura. Inauguration of Meh-Indrapuri Barrage Road…

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Ministry of Highways releases Rs 10,339 crore for construction of road network

Despite COVID-19 pandemic, the Ministry of Road Transport and Highways has not stopped development work and it has released Rs 10,339 crore to the developers to expedite the construction of highways and to give a considerable boost to the ‘Atmanirbhar Bharat’ scheme. The ministry is also in the process of releasing another Rs 2475 crore…

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