Current Affairs 07 September 2019

Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs

The government on Thursday launched the updated Credit linked Capital Subsidy Scheme (CLCSS) to allow micro, small and medium enterprises (MSMEs) access to capital.

MSME Minister Nitin Gadkari announced the government would prepare a final report on the recommendations of the U K Sinha committee, which had been set up by the Reserve Bank of India (RBI) to suggest expeditious ways to strengthen MSMEs, within the next eight days.

Vice President advises educational institutions to be partners in Fit India and Khelo India

The Vice President of India, Shri M. Venkaiah Naidu has called upon educational institutions across the country to partner in programs such as ‘Fit India’ and ‘Khelo India’ and encourage students to lead a physically active life.

He said that health and physical fitness of the youth were as important as their intellectual and emotional development. It was particularly essential in the wake of the spurt in the non-communicable diseases in the country.  

Speaking at the Silver Jubilee Celebrations of Maharaja Agrasen College, in New Delhi today, the Vice President stressed the need to provide a multidisciplinary and holistic education that includes co-curricular activities and community service.

The Vice President asked the academicians to promote critical thinking, problem-solving, cultural literacy, global outlook, teamwork, ethical reasoning, and social responsibility among the students.