What is the Pradhan Mantri Awas Yojana-Urban? The government had launched the Pradhan Mantri Awas Yojana (Urban) on June 25, 2015, to provide pucca houses to all eligible beneficiaries by 2022. The PMAY-U is one of the two schemes envisioned …
About PMGSY The Pradhan Mantri Gram Sadak Yojana (PMGSY), was launched in 2000 as centrally sponsored scheme to provide connectivity to unconnected habitations of designated population size (500+ in plain areas and 250+ in North-East, hill, tribal and desert areas …
About NLMC The Union Cabinet has approved the setting up of a new government-owned firm for pooling and monetising sovereign and public sector land assets. The National Land Monetisation Corporation (NLMC) is being formed with an initial authorised share capital …
What’s the news? As per the latest data, coal stocks at more than 100 thermal power plants in India have fallen below 25% of the required stock (critical mark). In more than 50 thermal plants, the stock has fallen below …
Context Finance Minister Nirmala Sitharaman virtually interacted with several distinguished United States Universities to explore the opportunities of setting up foreign universities and institutions at GIFT City. About GIFT The City was conceptualised as an alternative to global financial hubs …
What’s the news? A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research highlighted that India is likely to miss its solar energy target of 300 GW (gigawatt) for 2030 by around 86 GW. …
About NMP Last year, Finance Minister Nirmala Sitharaman unveiled a four-year National Monetisation Pipeline (NMP) worth an estimated Rs 6 lakh crore. It aims to unlock value in brownfield projects (which are assets that are already operational) by engaging the …
Background: Prime Minister Narendra Modi approved the setting up of National Land Monetization Corporation to monetise surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other agencies linked to the Government. This is to be fully owned …
Context The Union Cabinet has approved the creation of the National Land Monetisation Corporation (NLMC), the Special Purpose Vehicle (SPV) that Finance Minister Nirmala Sitharaman had announced in the Union Budget 2021-22, to carry out monetisation of government and surplus …