IASToppers-Current-Affairs-Analysis-13th-Jan-2016
Current Affairs Analysis

13th January 2016 Current Affairs Analysis

By IT's Current Affairs Analysis Team
January 13, 2016

Contents

Social Issues

  • Tourism Ministry launches 4 skill initiatives for youths

Economy

  • MUDRA to achieve loan target: CEO
  • Corporate Skill Excellence Centres


Social Issues

 

 

Tourism Ministry launches 4 skill initiatives for youths


Ministry of Tourism has launched the four new skill initiatives on the occasion of “National Youth Day” (on 12 January) to mark the Birth Anniversary of Swami Vivekananda in order to improve the sectoral service standards, which is one of the pre-requisites for attracting tourists in larger numbers :

(I) A SENSITIZATION PROGRAMME FOR THE EXISTING SERVICE PROVIDERS AT VARANASI

  • It will target Boatmen, Rickshaw pullers, Pandas, Porters, Shopkeepers & Street Vendors (in and around Ghats and temples) and the trainees will be compensated for the wage loss.
  • The Programme will be implemented by the Indian Institute of Tourism & Travel Management.
  • The primary objectives of the programme will be to eventually achieve an improved tourist specific service ambience and to further the Swachh Bharat Abhiyaan.

(ii) A PROGRAMME TO GROOM YOUNG PERSONS INTERESTED IN HOME DELIVERY SERVICE AS AN OCCUPATION

  • It will target persons who are at least matriculates and in the age group of 18-28 years.
  • The Programme will be implemented by the Indian Institute of Tourism & Travel Management, Institutes of Hotel Management & Food Craft Institutes.
  • The programme will prepare the trainees to deliver food at home with skill, style and civility.

(iii)  A PROGRAMME OF TRAINING TO BRING UP “PARYATAK MITRA”

  • It will target college-going students including those enrolled with the NCC& NSS, in the age group of 18-28 years.
  • The programme will be implemented by the Indian Institute of Tourism & Travel Management, first at destinations identified under the PRASAD scheme of the Ministry of Tourism.
  • The programme will attempt to inculcate appropriate tourism traits and knowledge among the trainees to enable them to act / work as Tourist Facilitators (Paryatak Mitra).

(iv) A TRAINING PROGRAMME TO BRING UP TOURIST FACILITATORS IN THE NORTH EAST

  • It will target 10+2 pass-outs in the age group of 18-28 years.
  • The programme will be implemented by the Indian Institute of Tourism & Travel Management.
  • The primary objective of the programme limited to the North East, will be to achieve better tourist satisfaction in terms of availability of skilled tourist facilitators.

[Ref: PIB]

 

Economy

 

MUDRA to achieve loan target: CEO


According to Jiji Mammen, Chief Executive Officer of Micro Units Development & Refinance Agency Ltd (MUDRA), loans given under the PMMY Scheme (Pradahan Mantri Mudra Yojana) are set to achieve the target of Rs.1.2 lakh crore by March 2016.

Details:                                               

  • Around Rs.75,000 crore have been given till December 2016.
  • Nearly half of the 1.7 crore beneficiaries are people who are setting up new units while the rest have used the micro finance facility for expanding their units.

About MUDRA Scheme:

The PMMY Scheme was launched by Prime Minister Narendra Modi on April eight, 2015.

  • The loans were disbursed by banks and MFIs.
  • Banks and MFIs can draw refinance under the MUDRA Scheme after becoming member-lending institutions of MUDRA, opening for them an additional resource stream.
  • The scheme, which aims at “reaching the unbanked segments,” provides loans to micro units in three categories ranging from Rs. 50,000 to Rs.ten lakh.
  • The north eastern sector will be given priority under the MUDRA Scheme.
  • The scheme’s objective is to refinance collateral-free loans given by the lenders to small borrowers.

Performance of the scheme:

  • However, so far, only around Rs.1,500 crore of this refinance facility has been provided to banks and MFIs.
  • While banks availed refinance facility to the tune of around Rs. 800 crore, the rest was accessed by MFIs mainly.

[Ref: Hindu]

 

Corporate Skill Excellence Centres


As part of the Skill India Development Mission, launched by Prime Minister Shri Narendra Modi, the Ministry of Skill Development & Entrepreneurship has embarked upon a special industry initiative to attract leading corporate to set up co-branded Corporate Skill Excellence Centres in PPP mode.

  • The Government will provide various tax and non-tax incentives for corporates that set up Corporate Skill Excellence Centres as part of their core business or CSR activities.
  • The CSR funds can be routed through National Skill Development Fund with specific outcomes. 

This was announced by the government at the recently held National Industry Conclave on Skill in Mumbai.

About National Skill Development Mission:

The National Skill Development Mission was officially launched by the Hon’ble Prime Minister in July 2015 on the occasion of World Youth Skills Day.

  • The Mission has been developed to create convergence across sectors and States in terms of skill training activities.
  • Further, to achieve the vision of ‘Skilled India’, the National Skill Development Mission would not only consolidate and coordinate skilling efforts, but also expedite decision making across sectors to achieve skilling at scale with speed and standards.
  • It will be implemented through a streamlined institutional mechanism driven by Ministry of Skill Development and Entrepreneurship (MSDE).
  • Key institutional mechanisms for achieving the objectives of the Mission have been divided into three tiers, which will consist of
  • A Governing Council for policy guidance at apex level, chaired by the Prime Minister
  • A Steering Committee and
  • A Mission Directorate (along with an Executive Committee) as the executive arm of the Mission.
  • Mission Directorate will be supported by three other institutions: National Skill Development Agency (NSDA), National Skill Development Corporation (NSDC), and Directorate General of Training (DGT) – all of which will have horizontal linkages with Mission Directorate to facilitate smooth functioning of the national institutional mechanism.
  • Seven sub-missions have been proposed initially to act as building blocks for achieving overall objectives of the Mission. They are: (i) Institutional Training, (ii) Infrastructure, (iii) Convergence, (iv) Trainers, (v) Overseas Employment, (vi) Sustainable Livelihoods, (vii) Leveraging Public Infrastructure.

[Ref: PIB]

 

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