PMGKAY EXTENSION, SUBRATA ROY, MAIN MARKET, PMPVTG MISSION

Addressing an election rally on November 4, Prime Minister Narendra Modi introduced that the Middle will prolong the Pradhan Mantri Garib Kalyan Anna Yojana, or PMGKAY, scheme for the subsequent 5 years. The scheme was launched in 2020 to offer important meals grains to susceptible sections of the society through the Covid-19 pandemic. This announcement has sparked discussions in regards to the potential advantages and financial impacts. What are the monetary implications of extending the system?

The extension of the Pradhan Mantri Garib Kalyan Anna Yojana is a optimistic step in direction of guaranteeing meals safety among the many poor. However the timing of the announcement is seen as an try and reap political advantages forward of the Chhattisgarh Meeting elections. In a separate improvement, Sahara Group Chairman Subrata Roy handed away on Tuesday on the age of 75. Roy’s legacy is marked by a journey from humble beginnings in 1978 to the founding of Sahara India Pariwar. All through his profession, he has confronted quite a few regulatory challenges and authorized disputes associated to his group corporations.

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There’s at the moment an undistributed fund of Rs 25,000 crore held by capital markets regulator Sebi, which was deposited by Sahara Group to redeem cash for buyers. In the meantime, the Indian main market has defied turmoil within the secondary fairness market this 12 months with a report variety of IPOs and robust demand from buyers. As Samvat 2080 begins, will the IPO market proceed to dazzle?

Prime Minister Narendra Modi will unveil a Rs 24,000-crore authorities plan for the event of significantly susceptible tribal teams on Wednesday. He’s on a two-day go to to Jharkhand and can launch the Pradhan Mantri PVTG improvement mission on the start anniversary of tribal icon Birsa Munda. However what is that this scheme? Hearken to this episode of the podcast to get the solutions.