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October 12, 2020

Weekly round up with Arvind yadav | Episode 1

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This time in his weekly article Arvind talks about Ambedkar Social Innovation & Incubation Mission ,PM Street Vendor’s AtmaNirbhar Nidhi and MoU for Education for Deaf Children signed now let start :

Ambedkar Social Innovation & Incubation Mission (ASIIM) Launched by Ministry of Social Justice and Empowerment. Launched under capital Fund for SCs. Objectives of this mission are to push entrepreneurship among the SC Youth with special preference to Divyangs, To support (1,000) innovative ideas till 2024 through a synergetic work with the Technology Business Incubators (TBIs) founded by Department of Science and Technology, To support, promote, hand-hold the start-up ideas till they reach commercial stage by providing liberal equity support; and and To incentivise students with innovative mind-set to require to entrepreneurship confidently. Benefits of this mission are 1,000 SC youth would be identified within the next 4 years with start-up ideas through the Technology Business Incubators (TBIs) in various higher educational institutions. They will be funded @ Rs. 30 lakhs in 3 years as equity funding in order that they will translate their start-up ideas into real commercial ventures. Successful ventures would further qualify for venture funding of up to Rs. 5 Crore from the capital Fund for SCs. Eligible for support under ASIIM are Youth who are identified by the TBIs being promoted by Department of Science & Technology. Youth who are identified for incubation from reputed private TBIs. Students who are awarded under the Smart India Hackathon or Smart India Hardware Hackathon being conducted by Ministry of Education. Innovative ideas specializing in the socio-economic development of the society identified within the TBIs. Start-ups nominated and supported by corporates through CSR funds. Now let discuss second issue PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Context of this issue is Foodtech major Swiggy has signed an MoU with the Ministry of Housing & Urban Affairs or MoHUA to bring India’s the street food vendors on to its online platform. The initiative under PM Street Vendor’s AtmaNirbhar Nidhi or PM SVANidhi Scheme will help these vendors grow their business which was severely hit and are still struggling because of the Covid-19 pandemic. Overview of the scheme it's a special micro-credit facility arrange to provide affordable loan of up to ₹10,000 to quite 50 lakh street vendors, who had their businesses operational on or before 24 March 2020.The scheme is valid until March 2022. Small Industries Development Bank of India is that the technical partner for implementation of this scheme.It will manage the credit guarantee to the lending institutions through Credit Guarantee Fund Trust for Micro and tiny Enterprises. a way to get Loans under this scheme Under the scheme, vendors can avail capital loan of up to ₹10,000, which is repayable in monthly instalments within one year. On timely/early repayment of the loan, an 7% interest subsidy of seven each year are going to be credited to the bank accounts of beneficiaries through Direct Benefit Transfer (DBT) on six-months basis. there'll be no penalty on early repayment of loan. Who is Eligibility for this scheme the scheme is applicable to vendors, hawkers, thelewalas, rehriwalas, the liphadwalas in several areas/contexts who supply goods and services. Street vendors belonging to the encircling peri-urban/rural areas also are included. Now let see the third issue which is MoU for Education for Deaf Children signed. what's Context of this a historic MoU was recently signed between Indian linguistic communication Research and Training Center (ISLRTC) and NCERT to form education materials accessible for Deaf children in their preferred format of communication. What are key takeaways from this scheme as a part of this MoU, educational print materials including NCERT Textbooks, Teachers Handbook, and other Supplementary materials and resources are converted into Indian language in Digital will cover class I-XII. it'll include all Subjects.The language of this may be Both Hindi and English Medium. The availability of NCERT textbooks in Indian linguistic communication will make sure that Deaf children can even now access educational resources. This will also ensure the educational standardization of the Indian language as mandated within the New Education Policy, 2020.